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…
Analysis-Global banks face costly, arduous process to exit Russia
By Matt Scuffham and Megan Davies NEW YORK – Global banks face an arduous and costly process if they decide to close businesses in Russia, banking sources and experts say, complicating decisions…
POLL: Biden Approval Gets Big Bump After SOTU, Russia Invasion
POLL: Biden Approval Gets Big Bump After SOTU, Russia Invasion Sebastian Hughes on March 4, 2022 President Joe Biden’s approval rating received a significant bump after his State of the Union address…
‘Mum Won’t Believe Me’: Ukrainians Lament Russian Relatives Who Don’t Think Russia Is At War
‘Mum Won’t Believe Me’: Ukrainians Lament Russian Relatives Who Don’t Think Russia Is At War Sebastian Hughes on March 4, 2022 Ukrainians with relatives in Russia told BBC News of their frustration…
Russia faces lasting consequences from Ukraine war, World Bank chief says
By David Lawder and Andrea Shalal WASHINGTON -Russia’s war in Ukraine has “horrified” the World Bank’s shareholders and will have lasting consequences for Russian President Vladimir Putin and Russia’s standing on the…
Factbox-Commodity supplies at risk after Russia invades Ukraine
LONDON – Russia’s invasion of Ukraine and the imposition of new Western sanctions against Russia have fuelled fears about supplies of key commodities produced and exported by Russian companies. See for a…
Palladium sprints to $3,000/oz mark as Russia supply fears grow
By Brijesh Patel – Palladium extended its rally to near a 10-month high within striking distance of $3,000 an ounce on Friday, as concerns over supply shortages from top-producer Russia mounted and…
Brewer Carlsberg halts exports, new investments into Russia
COPENHAGEN – Danish brewer Carlsberg said on Friday it would halt new investments into Russia and suspend exports of beer and other beverages to the country as a result of its invasion…
Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply shortfalls from…
UK’s Sainsbury’s stops selling products 100% sourced from Russia
LONDON – British supermarket group Sainsbury’s has removed from sale all products that are 100% sourced from Russia in response to Russia’s invasion of Ukraine, it said on Friday. It said from…
Turkish textile industry suffers as customers in Ukraine and Russia cancel orders
By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers in Moscow and Kyiv have cancelled $200…
RWE: one of our long-term gas contracts with Russia is dormant
By Christoph Steitz and Tom Käckenhoff FRANKFURT – RWE on Friday said one of its long-term gas contracts with a Russian supplier was dormant, limiting the exposure for Germany’s largest power producer…
We don’t seek conflict with Russia but we are ready for it, U.S. says
BRUSSELS – NATO will defend all its allies and territory against a Russian attack, U.S. Secretary of State Antony Blinken said on Friday, as he arrived for a meeting of the alliance’s…
Palladium set for best week in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as concerns grew about supply shortfalls from Russia,…
Russia offers fast-track bankruptcy to departing companies
MOSCOW – Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they return to Russia, First Deputy Prime Minister…
Stuck but not sweating it: some U.S. investors in Russia not kneejerk-selling
By Davide Barbuscia NEW YORK – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with a relatively…
U.S. waives COVID test for Americans leaving Russia, Belarus
WASHINGTON – The United States is waiving a requirement for negative COVID-19 tests from Americans leaving Belarus or Russia to travel home, the State Department said on Thursday. The Centers for Disease…
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 ranging from harsh condemnations to more measured…
NY pension chief says McDonald’s, PepsiCo should consider Russia risk
By Hilary Russ NEW YORK – The chief of New York state’s pension fund said on Thursday that McDonald’s Corp, PepsiCo and other companies with a large footprint in Russia “need to…
CalPERS says has ceased new investment flows into Russia
By John McCrank NEW YORK – The California Public Employees’ Retirement System, the largest U.S. pension fund, said on Thursday it has ceased all transactions in Russian publicly traded equity and has…
Russia Could Fire Missiles At Itself In False Flag Attack, Ukraine’s Foreign Minister Says
Ukraine’s minister of foreign affairs, Dmytro Kuleba, said Thursday that Russia might be planning a false flag attack by firing missiles at itself. “Worrying reports: Russians might have pointed multiple rocket-launching systems…
Russia Drafts Plans For Public Executions In Captured Cities: REPORT
Russia devised plans to stage public executions in cities its forces conquer as a way to cut down the morale of Ukrainians, a European intelligence official told Bloomberg. In addition to the…
Italy’s Generali to pull out of Russia as Intesa reviews business
MILAN – Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest bank, is reviewing its presence there. Generali…
Analysts downbeat on Citigroup’s repair timeline, Russia risks
By David Henry NEW YORK – Bank analysts offered downbeat assessments on Thursday of the timeline Citigroup Inc laid out this week for lifting profits and some said the risk of losses…
Ex-Goldman Sachs banker calls on Wall Street giant to exit Russia
By Kirstin Ridley and Sinead Cruise LONDON – A one-time Goldman Sachs banker has written an open letter to David Solomon calling on the Wall Street investment bank’s chief executive to exit…
Nike to temporarily close all stores in Russia
– Nike Inc said on Thursday it would temporarily close all its stores in Russia, joining a slew of Western brands that have suspended their businesses in the country following Moscow’s invasion…
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