German stocks - Factors to watch on March 8
08/03/2022 06:09
BERLIN/FRANKFURT, March 8 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
UKRAINE CRISIS
Fears of an energy war between Russia and the West grew on
Tuesday after the United States pushed its allies to ban Russian
oil imports as punishment for Moscow's invasion of Ukraine,
where talks on humanitarian corridors made little progress.
urn:newsml:reuters.com:*:nL3N2VB0G9
Russia warned it could stop the flow of gas through
pipelines from Russia to Germany in response to Berlin's
decision last month to halt the opening of the controversial new
Nord Stream 2 pipeline. Russia supplies 40% of Europe's gas.
ADIDAS ADSGn.DE
The sportswear company has suspended operations of its
stores and online shopping site in Russia until further notice,
a spokesperson said on Monday. urn:newsml:reuters.com:*:nL5N2VA50Q
Separately, the Financial Times reported that Adidas has
replaced the head of its Greater China Operations. [nFWN2VA166
UNIPER UN01.DE
The utility on Monday became the latest firm to write down
its financial exposure to the suspended Nord Stream 2 pipeline
project and unveiled a sales process for its Russian subsidiary
in response to Moscow's invasion of Ukraine. [nL2N2VA2TU
GLOBAL FASHION GROUP GFG.DE
Q4 results due.
SCHAEFFLER AG SHA_p.DE
Full year results due.
ECONOMY
German January industrial output due around 0700 GMT. Seen
+0.5% m/m.
DIARIES DE/DIARY
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(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))