Trump says final Nippon Steel deal not yet approved, addresses Russia sanctions and foreign policy
WASHINGTON, D.C. — President Donald Trump told reporters Friday that the Nippon Steel acquisition is not finalized and requires his approval, while also commenting on sanctions legislation against Russia and the prospects…
Hungary says its backing of EU’s Russia oil ban hinges on hundreds of millions of dollars
By Krisztina Than and Marek Strzelecki BUDAPEST -Hungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal was out of reach until Brussels offers a “solution”…
Ukraine battles Russia in Black Sea over strategic Snake Island
(Reuters) – A remote island off Ukraine occupied by Russia on the first day of its invasion has, as Kyiv steps up efforts to retake it, become the focal point of what…
Belarus PM sees interest rates falling after rate cuts in Russia
(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian central bank, despite accelerating inflation in Belarus.…
Lavrov says Russia has enough energy buyers apart from West
(Reuters) – Russia has enough buyers for its energy resources outside of Western countries, Russian Foreign Minister Sergei Lavrov said on Wednesday, as European Union countries try to sharply reduce their reliance…
Analysis-Aircraft lessors gird to battle insurers over Russia jet default
By Padraic Halpin, Conor Humphries and Tim Hepher DUBLIN – Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of insurance claims…
EBRD to exit Russia investments “as quickly as possible” – president
MARRAKECH – The European Bank for Reconstruction and Development (EBRD) will exit its stakes in Russian companies as quickly as possible, the lender’s President Odile Renaud-Basso said on Tuesday. “We are going…
Aircastle CEO sees contested insurance talks over Russia jets
DUBLIN – U.S. aircraft lessor Aircastle is bracing for tough discussions with insurers over aircraft it cannot recover from Russia, the chief executive of the Marubeni Corp and Mizuho Leasing Co Ltd…
On possible nuclear strike, Russia says: it’s all in our military doctrine
LONDON – Asked if Russia would rule out a preemptive tactical nuclear strike on Ukraine, Russia’s deputy foreign minister said on Tuesday that a decision on the possible use of nuclear weapons…
Citigroup says Russia unit to be sold had $32 million revenue in Q1
NEW YORK – Citigroup’s Russian consumer banking franchise that has been put up for sale had first quarter revenue of $32 million, down 6% from a year earlier, the bank disclosed in…
‘We will win’, defiant Zelenskiy tells Russia on World War Two anniversary
By Tom Balmforth and Pavel Polityuk KYIV -Ukrainian President Volodymyr Zelenskiy said on Monday that Kyiv would defeat Russia’s invasion and not give up a single piece of land, as he marked…
Sixth EU sanctions package vs Russia is close, Germany says
BERLIN – The European Union is closing in on agreeing a sixth package of sanctions against Russia, a German foreign ministry spokesperson said on Monday. “Talks on the sixth sanctions package are…
EU edges towards oil sanctions on Russia, no deal yet
BRUSSELS – European Union governments moved closer on Sunday to agreeing tough sanctions against Russia that include a ban on buying Russian oil, but scheduled more talks for Monday to work out…
Explainer-How the U.S. could tighten sanctions on Russia
By Daphne Psaledakis WASHINGTON – The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian…
CDS committee closes Russia April payments case -statement
NEW YORK – The EMEA Credit Derivatives Determinations Committee said on Friday it closed the case looking into whether credit default swaps would be paid to holders of Russian debt after Russia…
Russia publishes list of ‘parallel imports’ goods
(Reuters) – Russia published a detailed list of goods from foreign carmakers, technology companies and consumer brands on Friday that the government has included in a so-called “parallel imports” scheme aimed at…
Factbox-Companies count the cost of ditching Russia
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on Feb. 24, have started to report associated losses. These are companies, listed…
EU’s Borrell to call meeting next week if Russia oil embargo deal not forthcoming
FLORENCE, Italy – A meeting of European Union foreign ministers will be held next week should countries from the bloc fail to reach an agreement over an oil embargo against Russia by…
Marubeni cuts exposure to Russia as it writes down stake in Sakhalin-1 project
TOKYO – Japanese trading house Marubeni Corp said on Friday it had cut its exposure to Russia by 12.6 billion yen ($97 million) in the year just ended, mainly by writing down…
Explainer-Might Russia use nuclear weapons in the Ukraine war?
By Arshad Mohammed and Robin Emmott (Reuters) – At the start of Russia’s invasion of Ukraine, Russian President Vladimir Putin obliquely raised the possibility of a nuclear strike against anyone who intervened…
Hungary cannot support new EU sanctions against Russia in present form -PM Orban
BUDAPEST -Hungary cannot support the European Union’s new sanctions package, which includes an embargo on oil imports, in its present form, Prime Minister Viktor Orban said on Friday. Orban said the European…
UniCredit surprises with buyback as it tackles Russia exit
By Valentina Za MILAN -UniCredit cheered investors by saying it would soon start a 1.6 billion euro ($1.7 billion) share buyback put at risk by the Ukraine war, even as it set…
Austria’s RBI gets indications of interest for Russia business
By Alexandra Schwarz-Goerlich and Tom Sims VIENNA – Austria’s Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications of interest for its Russia operations, the…
Ukraine says Russia is trying to increase tempo of eastern offensive
KYIV – Ukraine’s defence ministry said on Wednesday that Russia was attempting to increase the tempo of its offensive in the east of the country. Defence Ministry spokesman Oleksandr Motuzyanyk gave few…
EU clears $11.6 billion German scheme for companies hit by Russia sanctions
BRUSSELS – EU competition regulators on Wednesday approved a 11-billion-euro ($11.58 billion) German scheme to help companies hit by sanctions against Russia, similar to those proposed recently by other EU governments. Under…
Ukrainian prosecutor says Russia uses rape as a war tactic, calls Putin a war criminal
IRPIN, Ukraine – Ukraine’s prosecutor general accused Russia on Tuesday of using rape as a tactic of war and described Russian President Vladimir Putin as “the main war criminal of the 21st…
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