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…
Below Their Lines: American Corporations Cancel Russia But Remain Silent On Uyghur Genocide
Below Their Lines: American Corporations Cancel Russia But Remain Silent On Uyghur Genocide Philip Lenczycki on March 12, 2022 Major American companies are suspending operations in Russia following the nation’s invasion of…
Ukraine trusts in Israeli mediation, denies Bennett advised caving to Russia
By Natalia Zinets and Dan Williams LVIV, Ukraine/JERUSALEM – Ukraine voiced hope on Saturday for positive results from Israel’s bid to broker peace with Russia, denying a media report that suggested Israeli…
Russia to include electronics firms on list of essential companies -report
– Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the electronics sector, the TASS news agency quoted Deputy Prime Minister Dmitry Chernyshenko as…
Debt deadline and central bank hikes loom in Russia
By Marc Jones LONDON – The cost of Russia’s invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central bank measures likely…
U.S., European allies intensify economic pressure on Russia
By Steve Holland and Francesco Guarascio WASHINGTON/BRUSSELS – The United States, European Union and other allies on Friday escalated their economic pressure on Russia, moving to strip Moscow of privileged trade and…
London Stock Exchange Group suspends all services in Russia
LONDON -Britain’s London Stock Exchange Group said on Friday it is suspending all products and services for all customers in Russia, days after suspending the distribution of news and commentary in the…
Sony Pictures Entertainment has paused business operations in Russia
– Sony Pictures Entertainment said Friday that it has paused business operations in Russia, two weeks after the studio suspended theatrical releases in the country. In a message to staff, Sony Pictures…
Deutsche Bank to wind down Russia business
FRANKFURT -Deutsche Bank said on Friday that it would wind down its business in Russia. Deutsche had faced stinging criticism from some investors and politicians on Friday for its ongoing ties to…
Tobacco group BAT to exit Russia, cuts 2022 outlook
By Richa Naidu and Aby Jose Koilparambil -Camel and Lucky Strike cigarette maker British American Tobacco Plc said on Friday it would exit Russia and cut its fiscal 2022 guidance as a…
Factbox-Biden throttles trade between the U.S. and Russia
WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its invasion of Ukraine. The change will lead…
Russia Moves To Declare Facebook Parent Company An ‘Extremist Organization,’ Ban Instagram
Russia Moves To Declare Facebook Parent Company An ‘Extremist Organization,’ Ban Instagram Ailan Evans on March 11, 2022 Russian prosecutors asked a court to classify Facebook parent company Meta as “extremist” Friday,…
Biden says U.S. to strip Russia of permanent normal trade status
WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its invasion of Ukraine. The change, which Biden…
Don’t take Russia back to 1917, Russian metals king Potanin warns
By Guy Faulconbridge LONDON -Confiscating the assets of companies that have fled Russia since the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days…
Nestle says halts non-essential food exports and imports to Russia
ZURICH – Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told Reuters on Friday. The Swiss food group…
Russia looking at sourcing aircraft spare parts from Asia
-Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign airplanes leased…
Deutsche Bank bucks trend as it maintains ties to Russia
By Tom Sims, Carolyn Cohn and Jesús Aguado LONDON – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are…
Factbox-U.S. banks in Russia by the numbers
NEW YORK – Major U.S. banks have started announcing plans to wind down operations in Russia in the wake of its invasion of Ukraine and retaliatory sanctions. On Thursday, Goldman Sachs Group…
South American nations push to exclude fertilizer from Russia sanctions
By Roberto Samora SAO PAULO – Six South American nations are proposing the exclusion of fertilizer from sanctions on Russia, a major world producer whose invasion of Ukraine has disrupted supplies, Brazil’s…
Another Fast Food Giant Says Its Canceling Russia
Another Fast Food Giant Says Its Canceling Russia Harold Hutchison on March 10, 2022 Fast food chain Burger King decided to take action against Russia on Thursday following the Russian invasion of…
Factbox-Mining companies distance themselves from Russia
– Mining companies with ties to Russian businesses are scrambling to sever them in the aftermath of Russia’s invasion of Ukraine. Britain on Thursday imposed sanctions on seven high-profile Russian oligarchs including…
Russia to pay external debt in roubles if forex accounts remain blocked, TASS says
– Russia will service its external obligations in roubles if foreign exchange accounts of the central bank and the government remain blocked by the western sanctions, Finance Minister Anton Siluanov was quoted…
Russia bans car, airplane exports until end-2022, TASS says
– The Russian government has banned exports of cars, airplanes and drones until the end of this year, the Russian TASS news agency said on Thursday. Earlier on Thursday, Russia sought to…
Russia to suspend grain exports to Eurasian Economic Union until Aug 31
– Russia will suspend exports of wheat, meslin, rye, barley and corn to the Eurasian Economic Union (EEU) until Aug 31 in a move to secure its home market with enough food,…
Insurance broker Marsh to exit Russia
– Marsh & McLennan, the world’s largest insurance broker, said on Thursday it will exit all of its businesses in Russia. “We intend to transfer ownership of our Russian businesses to local…
Warner Music Group says it is suspending operations in Russia
– Warner Music Group said Thursday it is suspending operations in Russia, as all three major labels have issued a call for an end to the violence in Ukraine. Warner Music said…
Breaking News
