NEW ORLEANS, May 27, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22,…
By Devayani Sathyan BENGALURU – Malaysia’s central bank will wait until the third quarter before raising interest rates from a record low to support an uneven economic recovery, according to a Reuters…
By Foo Yun Chee and Kate Abnett BRUSSELS – The European Commission will propose that member countries tax the profits energy companies made from recent gas price spikes and invest the revenue…
MOSCOW – A Russian court on Monday rejected an appeal by Alphabet Inc’s Google and upheld a 7.2 billion rouble ($73.39 million) fine over its failure to delete content Russia deems illegal,…
– Citigroup Inc named Titi Cole as the chief executive officer of its legacy franchises segment, primarily consisting of the consumer businesses that the bank’s set to exit soon, according to an…
BERLIN – The environmental ministry in the German state of Brandenburg is in the final phase of the approval process for Tesla’s planned factory, a spokesperson said on Monday. Tesla is awaiting…
By Luiza Ilie BUCHAREST – The day before Russia invaded Ukraine, Iryna Kyrychenko and her husband went to sleep thinking they would take their two young daughters to visit their grandmother the…
GENEVA – At least 102 civilians in Ukraine have been killed since Russia launched its invasion last Thursday, with a further 304 injured, but the real figure is feared to be “considerably…
LONDON – Russia’s economy is expected to contract 20% in the second quarter and by around 3.5% for the full year following intensified sanctions, JPMorgan said on Monday. “If these new sanctions…
MOSCOW -Russia’s central bank has ordered professional stock market participants to suspend the execution of all orders by foreign legal entities and individuals to sell Russian securities from Monday morning, an internal…
PRAGUE – Russian bank Sberbank’s Czech unit will keep branches closed on Monday and card transactions and internet banking stopped, CTK news agency reported on Sunday, citing the bank as saying it…
By David Lawder WASHINGTON – World Bank President David Malpass said on Sunday the bank may be able to provide Ukraine with more financial resources within days and that additional aid for…
WASHINGTON – The Biden Administration will ask Congress for $6.4 billion dollars in economic and military aid to help Ukraine as it fights the Russian invasion, Democratic Senate Majority Leader Chuck Schumer…
MOSCOW – A Russian delegation has arrived in Belarus for talks with Ukraine, a Kremlin spokesperson was quoted by the Ifax news agency as saying on Sunday, the first negotiations since Russia…
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 “do profound…
WASHINGTON – The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as…
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 Mario Draghi’s…
– 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 with him.…
LONDON – JPMorgan said there was no immediate impact from sanctions on Russia at the month-end rebalancing of its emerging market bond indexes. The indexes are key performance benchmarks for international investors…
WASHINGTON – The U.S. Treasury on Friday issued a new general license allowing international aid organizations and private firms to conduct commercial and financial transactions with Afghan government institutions. The new license…
By Karen Sloan – The addition of Ketanji Brown Jackson will not change the grip that Harvard and Yale Law alumni hold on the U.S. Supreme Court. President Joe Biden on Friday…
By Alexander Cornwell DUBAI – Afghanistan is inching closer towards economic collapse six months after the Taliban seized power, the Red Cross said on Friday, with a paralysed banking system stymieing international…
MOSCOW/LONDON – Russian oil exports continued to flow to Europe and onwards on Friday, even as Russian sellers and Western buyers said they struggled with payments, banking guarantees and shipping after the…
MOSCOW – Eastbound gas supplies from Germany to Poland via the Yamal – Europe pipeline stopped on Friday, while preliminary bids have emerged for gas flows to the west, data from the…
BRUSSELS – Excluding Russia from the global SWIFT system of interbank payments should be an option given the scale of Moscow’s invasion of Ukraine, Dutch Foreign Affairs Minister Wopke Hoekstra said in…
WASHINGTON – The trade relationship between the United States and China is “extremely difficult and getting more difficult,” U.S. Trade Representative Katherine Tai said on Friday. Tai said she has been meeting…