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Monday 7th March 2022

This Russian Metals Giant Might Be Too Big to Sanction - The Wall Street Journal

Norilsk Nickel is a key supplier of nickel and palladium, two metals that are key for electric-vehicle batteries and semiconductors

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Monday 7th March 2022

VW goes ahead with $2 billion new factory to produce upcoming Trinity high-efficiency long-range electric car - Electrek.co

Volkswagen has green-lighted a new $2.2 billion investment to build a new factory in Wolfsburg, Germany. The new factory will be used to produce the upcoming electric vehicle developed under the “Trinity” project, a high-efficiency electric car. Trinity has b…

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Monday 7th March 2022

Griffin Gaming Partners Raises $750M Fund With Eye on Web 3 - CoinDesk

The gaming-focused venture capital firm now has more than $1 billion in assets under management.

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Monday 7th March 2022

FDA hands Bristol Myers a landmark approval in early-stage lung cancer after just five days - Endpoints News

On Feb. 28, the FDA accepted Bristol Myers Squibb’s application for approval of a new use of blockbuster checkpoint inhibitor Opdivo and said it would make a decision by July 13. That estimate turned out to be conservative, to say the least. On Friday, just f…

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Monday 7th March 2022

Big 4 accounting firms are leaving Russia over Ukraine invasion - Business Insider

PwC and KPMG made the decision on Sunday, while EY followed the next day. Deloitte also announced its exit from Russia on Monday.

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Monday 7th March 2022

A Russia bond default looks increasingly likely - Axios

The market’s in uncharted territory, and U.S. investors could face steep losses

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Monday 7th March 2022

Rupee Sinks To Lifetime-Low Of 77.01, Tracking Soaring Oil Prices - NDTV Profit

The rupee hit a fresh lifetime low of 77.01 per dollar on Monday after starting the session at a previous record low of 76.96.

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Monday 7th March 2022

China's export growth slows, Ukraine crisis poses risk - Reuters.com

China's export growth slowed in the January-February period largely due to base effects, and though the data beat expectations, Russia's invasion of Ukraine has heightened uncertainty over the outlook for global trade this year.

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Monday 7th March 2022

'I think we’re going to see some spectacular returns,' says ARK's Cathie Wood - MarketWatch

Cathie Wood, The star manager whose key innovation fund has struggled amid a fallout for tech stocks, is staying upbeat.

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Monday 7th March 2022

Morning Bid: Oil shock - Reuters.com

A look at the day ahead in markets from Dhara Ranasinghe.

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