Financial News

By Jonathan Stempel – Warren Buffett is this year bringing back the annual extravaganza for shareholders of his Berkshire Hathaway Inc that he calls “Woodstock for Capitalists.” But the 91-year-old …

MOSCOW – Russia’s central bank said on Sunday there would be no limit at a “fine-tuning” repo auction it plans to hold on Monday and added that the banking system …

BUDAPEST – Wizz Air said on Sunday that it had suspended all flights to and from Russia temporarily. The airline added on its website that it was constantly monitoring the …

SYDNEY – Australia’s Qantas Airways Ltd is opting to use an alternative flight path between Darwin and London that avoids Russian airspace after the invasion of Ukraine, the airline said …

By Davide Barbuscia, Catherine Belton and Ira Iosebashvili NEW YORK/LONDON -Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of …

By Steve Holland, John Chalmers and Daphne Psaledakis BRUSSELS/WASHINGTON – The United States and its allies on Saturday moved to block certain Russian banks’ access to the SWIFT international payment …

By Paresh Dave Alphabet Inc’s Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar …

WASHINGTON – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with …

By David Lawder WASHINGTON – China so far does not appear to be helping Russia evade Western financial sanctions on Moscow over its invasion of Ukraine, but doing so would …

By Tom Bergin LONDON – The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including cutting …

By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault …

By Chijioke Ohuocha ABUJA – Nigeria will offer a naira incentive to exporters of semi-processed or finished goods made at home in a push to shore up the country’s dollar …

BERLIN – Germany and its Western allies agreed to cut Russia out of the SWIFT global payment system, a spokesperson for the German government said on Saturday, in a third …

LONDON -British Prime Minister Boris Johnson said on Saturday that the world should cut Russia off from the global SWIFT payments system and said more countries supported such a move. …

By Dawn Chmielewski -Executive producer Chris Licht will lead CNN after the cable news channel is taken over by Discovery Inc, succeeding Jeff Zucker, a source familiar with the matter …

By Jonathan Stempel – Warren Buffett on Saturday signaled he will stick to his knitting, bemoaning the lack of good investment opportunities for Berkshire Hathaway Inc as it sits on …

BERLIN – Germany changed its position on Saturday about imposing restrictions on Russia’s access to the SWIFT global interbank payment system, joining other Western powers in support of harsher sanctions …

By Jonathan Stempel – Warren Buffett’s Berkshire Hathaway Inc on Saturday said fourth-quarter profit swelled, boosted by gains in many of its businesses and common stock investments such as Apple …

PARIS – Discussions among European Union members about excluding Russia from the Swift international payment system are close to reaching a successful conclusion, a French presidential official said on Saturday. …

By Elizabeth Culliford Twitter is being restricted for some users in Russia, the social media company said in a tweet on Saturday. On Friday, one day after Russia invaded Ukraine, …

By Balazs Koranyi and Francesco Canepa FRANKFURT – European Central Bank policymakers remain open to accelerating their exit from bond buys even as the war in Ukraine raises uncertainty, and …

MILAN – Italy will support any European Union line on sanctions against Russia in response to Moscow’s invasion of Ukraine, including measures on the SWIFT global payment system, Prime Minister …

– The International Monetary Fund has assured Ukraine of its support by all possible means, Ukraine’s finance ministry said on Saturday. The ministry said in a Twitter post that talks …

By Aditya Kalra NEW DELHI -India’s top retailer, Reliance, will take on at least 200 Future Retail stores after the company failed to make lease payments for them to Reliance, …

– Ukrainian Foreign Minister Dmytro Kuleba said on Saturday French Foreign Minister Jean-Yves Le Drian had supported cutting off Russia from the global SWIFT payment system in a phone conversation …