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…
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 imports in retaliation for the invasion of…
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 that helped the brand achieve record development…
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 a united rebuke of the war on…
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 now in the crosshairs of New Jersey…
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 its products and cafes run by a…
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 cut off Russia to stop Moscow’s invasion.…
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 on Wednesday. A new Russian law makes…
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 from Russia and wrote down its exposure…
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’s invasion enters its 13th day, a…
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 of operations, it said in a statement…
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 power services in the region. (Reporting by…
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 on Tuesday. “We continue to work to…
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 Russian foreign ministry as saying on Tuesday.…
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 country. The company will also suspend brand…
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 the country would provide its coverage instead.…
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 basic hygiene, health and personal care items,…
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, joining rival index providers that had excluded…
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 follow through on threats to cut energy…
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 to civilians in besieged Ukrainian cities and…
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 products and suspend normal trade relations with…
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 needed to meet in order for Moscow…
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 export curbs against Russia, as it ramps…
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 first introduced in 2020 to shield them…
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 for airplane production, and we will continue…
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 had closed one of its two factories…
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