Swiss SIX says hacks spiked at start of Russia invasion of Ukraine
ZURICH – Swiss stock exchange operator SIX saw an increase in hacker attacks around the start of Russia’s invasion of Ukraine last month, its chief …
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Russia must prioritize domestic grain supplies for bread, PM says
MOSCOW – Russia must prioritize grain supplies to domestic bakeries over export markets, Prime Minister Mikhail Mishustin said as he unveiled fresh measures to support …
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even …
U.S. crypto exchange CoinZoom pausing new accounts within Russia -CEO
By Hannah Lang – Utah-based cryptocurrency exchange CoinZoom is pausing applications for new accounts within Russia following the country’s escalating conflict in Ukraine, the company’s …
Biden bans Russia oil imports to U.S., warns gasoline to rise further
By Trevor Hunnicutt, Steve Holland and Andrea Shalal WASHINGTON -U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy …
KFC parent Yum pausing development in Russia, a key market
By Hilary Russ NEW YORK -Yum Brands Inc, parent company of fried chicken chain KFC, said it was pausing investment in Russia, a key market …
McDonald’s, Starbucks, Coke and Pepsi all halt sales in Russia
By Hilary Russ and Uday Sampath Kumar NEW YORK -McDonald’s, PepsiCo, Coca-Cola and Starbucks stopped sales of their best-known products in Russia on Tuesday, offering …
New Jersey Governor Phil Murphy Targets American Owned Lukoil Gas Stations to Punish Russia
ELIZABETH, NJ – Lukoil, a Russian-based, multinational gas and energy corporation, headquartered in Moscow, but operating thousands of independently owned gas stations across America is …
Starbucks suspending all business activity in Russia
By Hilary Russ NEW YORK – Coffee giant Starbucks Corp said on Tuesday that it is suspending all business activity in Russia, including shipment of …
Explainer-Will Big Tech cloud companies cut off Russia?
By Danielle Kaye, Paresh Dave and Jeffrey Dastin NEW YORK – Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to …
London Stock Exchange to suspend news distribution in Russia
LONDON – London Stock Exchange Group on Tuesday said it will suspend the provision in Russia of products containing news and commentary from 1200 GMT …
Uniper shares reverse gains after planned Russia exit, Nord Stream 2 writedown
By Christoph Steitz and Tom Käckenhoff FRANKFURT -Shares in German utility Uniper gave up earlier gains to close flat after the group signalled an exit …
Russia, Ukraine still have vast majority of combat power intact-US official
WASHINGTON – The United States assesses that Russia and Ukraine both still have the vast majority of their combat power available to them as the …
Russia to keep stock market trading largely suspended on Wednesday
– Russia’s central bank has decided to keep stock market trading on the Moscow Exchange largely suspended again on Wednesday, keeping only a limited range …
GE suspends its operations in Russia
CHICAGO – General Electric Co on Tuesday said it is suspending operations in Russia, with the exception of providing essential medical equipment and supporting existing …
Blinken says Russia has self-interest in preventing nuclear-armed Iran
TALLINN – Russia has a self-interest in preventing Iran from acquiring nuclear arms, U.S. Secretary of State Antony Blinken said during a visit to Estonia …
Russia calls for return to ‘peaceful co-existence’ with U.S. like during Cold War -Interfax
– Russia and the United States should return to the principle of “peaceful co-existence” like during the Cold War, the Interfax news agency cited the …
Estee Lauder to suspend all commercial activities in Russia
– Estee Lauder Companies Inc said on Monday it had decided to suspend all commercial activities in Russia, including closing all its stores in the …
Ratings agency Fitch suspends commercial operations in Russia
LONDON -Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside …
P&G ending new capital investments, reducing portfolio in Russia
By Jessica DiNapoli NEW YORK -Procter & Gamble Co is ending all new capital investments in Russia and “significantly reducing” its portfolio to focus on …
Russia will be excluded from all JPMorgan fixed income indexes
NEW YORK – Russia will be excluded from all of JPMorgan’s fixed income indexes on March 31, the bank said in a statement on Monday, …
Russia warns West of $300 per barrel oil, cuts to EU gas supply
DUBLIN – Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments …
U.S., allies urge Russia at U.N. to allow safe passage of civilians, aid in Ukraine
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON -The United States and its allies on Monday urged Russia at the United Nations to allow safe passage …
U.S. House to vote as soon as Tuesday on Russia energy import ban: aide
WASHINGTON – The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy …
Russia Lists Demands For Ending Its Invasion Before Peace Talks
Russia Lists Demands For Ending Its Invasion Before Peace Talks Sebastian Hughes on March 7, 2022 Russia announced a list of demands it said Ukraine …
Shipping Russia banned goods may lead to blacklisting, U.S. warns companies
By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON – The Biden administration is threatening to add companies to a trade blacklist if they skirt new …
Russia revives COVID support programme to help firms hit by Ukraine sanctions
LONDON – Russia is resuming a support programme for critically important firms, hoping to protect companies from the effects of international sanctions by reviving measures …
Boeing halts purchase of titanium from Russia
– U.S. planemaker Boeing Co said on Monday it has suspended purchasing titanium from Russia. “Our inventory and diversity of titanium sources provide sufficient supply …
Shares of French food group Danone fall after it closes Ukraine plant, suspends Russia investments
By Dominique Vidalon PARIS – Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and …
Western nations plan more sanctions on Russia – Canada’s foreign minister
BUCHAREST – Western states will announce more sanctions against Russia following its invasion of Ukraine, Canadian Foreign Minister Melanie Joly said on Monday during a …
UBS has limited Russia exposure, but sees risks of unexpected increases
ZURICH – UBS’s direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure of $20.9 billion at the end …
Britain’s Next closes Russia operations
LONDON – British clothing retailer Next is to close its Russian operations following Russia’s invasion of Ukraine, joining a growing list of companies shunning the …
Factbox-Harsh words, tough action: how companies have rebuffed Russia
– Corporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary, with comments …
Accounting firms KPMG and PwC to exit Russia
– Two of the Big Four accounting firms KPMG and PricewaterhouseCoopers LLP (PwC) on Sunday said they will no longer have a member firm in …
Some Goldman Sachs employees moving out of Russia to Dubai -Bloomberg News
– Goldman Sachs Group Inc is shifting some of its Moscow-based employees to Dubai as its staff seeks to work from a different location following …
U.S. working to secure release of basketball star detained by Russia
By Gabriella Borter WASHINGTON – Diplomats were working to ensure the release of seven-time WNBA All-Star player Brittney Griner after Russia said it had detained …
TikTok suspends livestreaming, new uploads in Russia
– TikTok, the Chinese-owned video app, said on Sunday it would suspend live-streaming and the uploading of videos to its platform in Russia as it …
French food group Danone suspends investments in Russia
PARIS – French food group Danone said in a statement on its website that it was suspending investments in Russia, and that one of its …
Western Companies Are Happy To Cut Ties With Russia, But Stay Silent On Uyghur Genocide
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 …
Moody’s cuts Russia rating to Ca on rise in default risk
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 …
Visa, Mastercard suspend operations in Russia over Ukraine invasion
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, …
S.Korea will implement export controls against Belarus over support to Russia
By Josh Smith SEOUL – South Korea will implement export controls against Belarus for “effectively supporting the Russian invasion of Ukraine”, Seoul’s foreign ministry said …
Russia, without evidence, says Ukraine making nuclear “dirty bomb”
– Russian media cited an unnamed source on Sunday as saying that Ukraine was close to building a plutonium-based “dirty bomb” nuclear weapon, although the …
Canada tells citizens to leave Russia due to unpredictable security situation
OTTAWA – Canada told its citizens on Saturday to leave Russia “while commercial means are still available,” saying security conditions were unpredictable and could deteriorate …
Analysis-As Russia avoids energy sanctions, oil majors flee but TotalEnergies stays
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 …
Russia may allow outside firms to maintain airliners amid sanctions, Tass says
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 …
U.S. WNBA All-Star Griner detained in Russia, customs service cites hash possession
– U.S. basketball officials said on Saturday they were closely monitoring the situation surrounding seven-time WNBA All-Star player Brittney Griner after Russia said it had …
Italy’s Prada says it is suspending retail operations in Russia
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 …
Puma suspends operation of all its stores in Russia
FRANKFURT – German sportswear maker Puma has decided to suspend operations at all its stores in Russia, it said on Saturday. Puma, which has 100 …
Russia protests to U.S. envoy over senator’s call to ‘take out’ Putin
LONDON – Russia’s Foreign Ministry protested to the U.S. ambassador in Moscow on Saturday over remarks by U.S. Senator Lindsey Graham advocating that President Vladimir …