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…
Cummins says expects ‘some impact’ in Russia; Deere says to abide by sanctions
By Bianca Flowers – Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an…
New Jersey Legislators Move to Block Public Investments in Belarus and Russia
TRENTON, NJ – As the Russian invasion of Ukraine continues, legislators in New Jersey are moving to block public investments in Russia and Belarus. “Acting in response to Russia’s unprovoked attack on…
Race-Obsessed Liberals Somehow Find A Way To Make Russia Invading Ukraine About Race
As Russian President Vladimir Putin initiated an invasion of Ukraine early Thursday and reports of attacks began, prominent American liberals found a way to make the situation about race. MSNBC’s Joy Reid…
Russia Deploys ‘Data-Wiping Malware’ To Cripple Ukrainian Government Systems
The latest string of Russian cyberattacks on Ukrainian systems has destroyed government and financial data, according to cybersecurity researchers. ESET Research detected a “new data-wiping malware” late Wednesday, which the group said…
Western Leaders Split On Whether To Boot Russia From Major Payment System
Western leaders are divided on the question of whether to kick Russia out of a major international payment system, a move that could cripple the nation’s banks and ability to trade abroad,…
Container lines suspend shipments to Russia, Maersk considering
LONDON/COPENHAGEN -Container shipping company Ocean Network Express (ONE) on Monday suspended bookings to and from Russia while Maersk said it was considering doing the same in response to Western sanctions on Moscow…
More investors join Russia exodus, find it hard to leave
By Simon Jessop, Karin Strohecker and Gwladys Fouche LONDON -The number of investors seeking to ditch their Russian holdings continued to grow on Monday following the country’s attack on Ukraine and despite…
Putin bans forex transfers to outside Russia from March 1
MOSCOW – Russian President Vladimir Putin ordered a ban on foreign exchange loans and transfers by Russian residents to outside of Russia from March 1, the Kremlin said on Monday, in retaliation…
Factbox-Corporate ties to Russia uprooted as sanctions tighten
– Companies have taken action to limit, put on hold or exit business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below is a list of…
Russia has internal replacement for SWIFT, cenbank says
– Russia has a system that can replace the SWIFT international payments system internally, Central Bank Governor Elvira Nabiullina said on Monday, stressing the need to support clients of banks. Nabiullina said…
BIS says won’t be avenue for Russia sanctions to be circumvented
LONDON – The Bank for International Settlements, the umbrella body for central banks worldwide, said on Monday it would not be an avenue for any circumvention of powerful Western sanctions put on…
Daimler Truck suspends business activities in Russia
BERLIN – Daimler Truck said on Monday it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz. No more trucks will be built…
Talks between Ukraine and Russia have started, says Ukraine presidential advisor
LVIV – Talks between Ukraine and Russia have started at the Belarussian border, Ukrainian presidential advisor Mykhailo Podolyak told Reuters via text message on Monday. Earlier the Ukrainian president’s office said Ukraine’s…
Russia to retaliate against sanctions on aviation industry, Kremlin says
MOSCOW – Moscow will retaliate against Western sanctions targeting Russia’s aviation industry over the invasion of Ukraine, Kremlin spokesperson Dmitry Peskov said on Monday. “The guiding principle will be reciprocity, and our…
Ukraine’s delegation has arrived at border for talks with Russia, says presidency
LVIV – A Ukrainian delegation has arrived at the border with Belarus for talks on Monday with Russian representatives that will focus on achieving an immediate ceasefire and the withdrawal of Russian…
BP slides as Russia exit plan may result in $25 billion bill
-Shares in BP fell nearly 7% on Monday after the British energy major revealed plans to sell its nearly 20% stake in Russian oil giant Rosneft over the weekend following Moscow’s invasion…
SocGen and Renault shares slump after sanctions on Russia
PARIS – Shares in Societe Generale, the French bank that owns Russia’s Rosbank, and carmaker Renault slumped on Monday after Western nations imposed sanctions on Russia after its attack on Ukraine. SocGen…
Russia interested in reaching agreement with Ukraine at talks, says negotiator
MOSCOW – Russia is interested in coming to an agreement that is in the interests of both sides at talks with Ukraine, Russian negotiator Vladimir Medinsky said on Monday, as officials prepare…
Sanctions hit will see Russia economy contract 20% Q/Q in second quarter – JPMorgan
LONDON – Russia’s economy is expected to contract 20% in the second quarter and by around 3.5% for the full year following intensified sanctions, JPMorgan said on Monday. “If these new sanctions…
Analysis-As Russia invades Ukraine, Moscow battles big tech to control the narrative
By Elizabeth Culliford NEW YORK/MOSCOW – As Russian missiles rained down on Ukrainian cities, another battle took place online and over the airwaves. Moscow ramped up efforts to control the narrative playing…
Factbox-Companies with exposure to Russia
LONDON – International companies with exposure to Russia are girding for further Western sanctions following Moscow’s invasion of Ukraine. Here’s a list of some of the companies, by region: EUROPEAN COMPANIES: BASF…
U.S. banks prepare for cyber attacks after latest Russia sanctions
By Elizabeth Dilts Marshall WASHINGTON – U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia for invading Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, cyber experts and…
Oil could jump back above $100 as traders assess Russia SWIFT ban, analysts say
By Ahmad Ghaddar LONDON – A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a…
Japan joins U.S., others in excluding Russia from SWIFT system
TOKYO -Japan will join the United States and other Western countries in blocking certain Russian banks’ access to the SWIFT international payment system, Prime Minister Fumio Kishida said on Sunday, following Russia’s…
Taiwan says chip companies complying with Russia export controls
TAIPEI – Taiwan’s semiconductor companies are complying with government export controls to Russia, put in place as part of sanctions on Moscow for invading Ukraine, the Economy Ministry said on Sunday. Taiwan,…
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