"business"

RIYADH – As the tragic reality of war unfolds in eastern Europe, visitors to a defence show in Saudi Arabia were met with the surreal sight of seeing the latest …

Texas School District’s ‘Racial Equity Committee’ Blocks Parents From Attending Its Meetings Amid Public Backlash Kendall Tietz on March 4, 2022 A school district’s “Racial Equity Committee” has prevented members …

Dr. Oz’s Ties To Pharma, Tech Complicate Anti-Corporate Campaign Claims Ailan Evans on March 4, 2022 While Republican Pennsylvania Senate candidate Dr. Mehmet Oz has billed himself as a staunch …

‘Hate To Say It’: Elon Musk Says US Needs To Boost Fossil Fuel Production ‘Immediately’ Thomas Catenacci on March 5, 2022 Tesla CEO Elon Musk said the U.S. must “immediately” …

Western Companies Are Happy To Cut Ties With Russia, But Stay Silent On Uyghur Genocide Ailan Evans on March 5, 2022 Western businesses have exited Russia in droves since the …

By Lewis Krauskopf NEW YORK – Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve will …

By Davide Barbuscia NEW YORK -Recession concerns are showing up more prominently in the U.S. Treasury yield curve, as soaring commodity prices in the wake of Russia’s invasion of Ukraine …

LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the …

FRANKFURT – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group’s German business told a newspaper. “Our customers …

By John McCrank -U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work …

– Several Russian banks said on Sunday they would soon start issuing cards using the Chinese UnionPay card operator’s system coupled with Russia’s own Mir network, after Visa and MasterCard …

– SpaceX chief Elon Musk said on Saturday that its Starlink satellite broadband service has been told by some governments, not Ukraine, to block Russian news sources. “We will not …

By Ted Hesson WASHINGTON – More than a thousand large trucks, recreational vehicles and cars are gathering on the outskirts of Washington as part of a protest against COVID-19 restrictions …

By Sabrina Valle HOUSTON -Brazil’s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer’s board, the company said in a filing on Saturday night. Earlier …

By Maria Caspani and Jonathan Allen NEW YORK – In just one day, Inga Sokolnikova filled two rooms in her beauty salon in New York City’s Brighton Beach with donated …

– Mastercard inc said on Saturday that cards issued by Russian banks will no longer be supported by Mastercard network and any Mastercard issued outside of country will not work …

By Parisa Hafezi and Francois Murphy VIENNA – Russia’s demand for written U.S. guarantees that sanctions on Moscow would not harm Russian cooperation with Iran is “not constructive” for talks …

By Shadia Nasralla, Benjamin Mallet and Michel Rose LONDON – France’s TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from …

OTTAWA – Russia could allow passenger airliners to be maintained by third-party firms in a bid to help its domestic carriers hit by sanctions over the invasion of Ukraine, Tass …

By Ron Bousso LONDON – Oil major Royal Dutch Shell will put profits from any Russian oil it purchases into a fund that will go towards humanitarian aid to Ukraine, …

MILAN – The Milan-based luxury group Prada has suspended its retail operations in Russia, it said in a statement on Saturday, following a slew of other leading brands who have …

FRANKFURT – German sportswear maker Puma has decided to suspend operations at all its stores in Russia, it said on Saturday. Puma, which has 100 stores in Russia, had already …

By Karen Freifeld – ZTE Corp., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have violated its …

By Crispian Balmer and Emilio Parodi ROME -Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists …