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…
Ukraine’s Mariupol says Russia forcefully deported thousands of its people
– The city council of Ukraine’s Mariupol said Russian forces forcefully deported several thousand people from the besieged city last week, after Russia had spoken of “refugees” arriving from the strategic port.…
Russia Bombs Major Ukrainian City Near NATO Border
Russia Bombs Major Ukrainian City Near NATO Border Sebastian Hughes on March 18, 2022 Russia struck the western Ukrainian city of Lviv on Friday with cruise missiles, ending the relative peace its…
‘Would Empower China And Russia’: GOP Leaders Slam Democrats’ Climate Proposals As ‘A Grift’
‘Would Empower China And Russia’: GOP Leaders Slam Democrats’ Climate Proposals As ‘A Grift’ Thomas Catenacci on March 18, 2022 Top House Republicans ripped the climate agenda released Thursday by the Congressional…
Putin vows Russia will prevail in Ukraine but glitch hinders TV
LONDON -Russian President Vladimir Putin justified the invasion of Ukraine before a packed soccer stadium on Friday but coverage of his speech on state television was unexpectedly interrupted by what the Kremlin…
Wall Street cuts McDonald’s profit estimates on Russia costs
By Hilary Russ NEW YORK – Wall Street analysts have slashed their forecasts for McDonald’s Corp’s 2022 and 2023 profit, the latest sign that some Western companies stand to take a financial…
U.S. boycotts conflict diamond meetings chaired by Russia
By Helen Reid JOHANNESBURG – The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due to Russia’s…
Explainer-Global banks count cost of Russia exposure
By Valentina Za MILAN – The Ukraine conflict has prompted many international banks to review their presence in Russia, or swiftly embark on the arduous task of unwinding their businesses there. Some…
Analysis-DIY investors eye quick buck in ‘uninvestable’ Russia
By Iain Withers and Carolyn Cohn LONDON – While the West’s big investors have ditched Russia in recent weeks, one small group of armchair investors sees a bargain and is shrugging off…
Russia’s Sberbank says sanctions limiting some forex transfers in Russia and abroad
– Russia’s largest lender Sberbank on Friday said sanctions on its operations meant its customers would be unable to transfer funds in certain foreign currencies to accounts at other banks, both in…
Retreat from Russia riddled with risks for Western banks
By Sinead Cruise and Huw Jones LONDON – As they switch off the lights in Moscow, the world’s top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while…
Russia and Canada in Twitter spat over ‘kindergarten-level’ UN letter post
– Russia accused Canada on Thursday of childishly annotating a letter it sent at the United Nations seeking support for its draft resolution on providing aid access and civilian protection in Ukraine,…
U.S. soldiers alive, despite Russia ‘fake news’ report, U.S. military says
By Phil Stewart WASHINGTON – Three current and former members of the Tennessee National Guard falsely identified in a Russian media report as mercenaries who were killed in Ukraine are in fact…
Burger King Parent Company Explains Why Cutting Business Ties With Russia Isn’t So Simple
Burger King Parent Company Explains Why Cutting Business Ties With Russia Isn’t So Simple Harold Hutchison on March 17, 2022 Since the February invasion of Ukraine, a number of American companies announced…
BNY Mellon expects $100-million revenue hit in first quarter from Russia pullback
– Bank of New York Mellon Corp said on Thursday it has paused new banking business in Russia and expects a $100-million revenue impact in the first quarter as it joins a…
Watch brand Zenith confident on growth, Russia not a key market
By Silke Koltrowitz ZURICH – Swiss watchmaker Zenith, owned by French luxury giant LVMH, expects to post double-digit sales growth in the first quarter, but is carefully watching the implications of the…
Sugar rush: Russia probes price hikes and ‘unjustified’ shortages
– Russia’s Federal Anti-Monopoly Service (FAS) said on Thursday it was conducting “anti-cartel” inspections at major sugar producers following a sharp increase in sugar prices and “unjustified” shortages in some regions as…
U.S. Senate to promptly pass bill revoking Russia preferential trade status-Sen. Schumer
WASHINGTON – Legislation to revoke Russia’s Permanent Normal Trade Relations status following its attack on Ukraine will move through the U.S. Senate promptly, following imminent passage by the House of Representatives, Senate…
Samsung wins appeal overturning ban on Russia sales in patent lawsuit
– A Russian court on Thursday overturned a ruling that would have barred Samsung Electronics importing and selling 61 models of smartphones in Russia over an intellectual property lawsuit that began last…
Swatch Group sees no big business impact from Russia crisis
By Silke Koltrowitz ZURICH – Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia’s invasion of Ukraine, its Chief…
Russia says medicine production stable as drugmakers pull out -RIA
– Russian Health Minister Mikhail Murashko on Thursday said the situation with medicines was stable in Russia and that all producers were continuing to work, the RIA news agency reported. Britain’s GlaxoSmithKline…
Russia to press on with MS-21 and Superjet airliner projects
LONDON – Russia said on Wednesday it would accelerate the development of its domestic civilian aerospace sector by focusing on flagship airliner projects such as the Irkut MS-21, also known as the…
U.S. trade chief seeks to mitigate impacts from Russia sanctions on U.S
By Paul Lienert BAY CITY, Mich. – Western sanctions and other actions to punish Russia over its invasion of Ukraine will impose costs on the United States and its allies, and policymakers…
Italy’s Intesa puts $6.3 billion of Russia, Ukraine loans under microscope
By Valentina Za MILAN – Intesa Sanpaolo said on Wednesday that its loans to Russian and Ukrainian clients amounted to 5.1 billion euros net of guarantees from credit export agencies, which is…
Putin warns Russia against pro-Western ‘traitors’ and scum
LONDON -President Vladimir Putin on Wednesday delivered a stark warning to Russian “traitors” who he said the West wanted to use as a “fifth column” to destroy the country. The Kremlin leader…
Putin says Russia will achieve goals in Ukraine, won’t bow to West
LONDON -President Vladimir Putin said on Wednesday that Russia would achieve its goals in Ukraine and would not submit to what he called a Western attempt to achieve global dominance and dismember…
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