Russian

A group of bicameral Republican and Democratic lawmakers introduced legislation Thursday that would prohibit the U.S. from importing Russian oil and petroleum products. Senate Energy and Natural Resources Chairman Joe …

House Speaker Nancy Pelosi said she would support a ban on Russian oil imports, aligning herself with bipartisan lawmakers pushing for energy independence. “I’m all for that,” Pelosi told reporters …

AMSTERDAM – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were “affected” …

TRENTON, NJ – Democrats and Republicans in Trenton united in solidarity with Ukraine as the country continues to be attacked and bombed by Russian forces. Now heading into its second …

Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of …

By Davide Barbuscia NEW YORK – Goldman Sachs Asset Management has reduced the Russian exposure in its GQG international equity fund to about $222 million, according to a statement and …

LONDON – JPMorgan said on Thursday it expected Russia’s economy to contract 35% in the second quarter and 7% in 2022 with the economy suffering an economic output decline comparable …

The French government seized a massive yacht belonging to Russian oligarch Igor Sechin, the head of a state-run energy giant, France’s finance ministry said. French customs authorities executed the seizure …

MOSCOW – No restrictions stopping people from paying debts in foreign currency to a foreign company or bank have been introduced, Russia’s central bank said in a question and answer …

By Ross Kerber – A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow’s invasion …

BERLIN – Lufthansa Chief Executive Carsten Spohr said routing flights to avoid Russian air space will increase costs for the German flagship carrier by a single-digit million-euro amount per month. …

GENEVA – German Foreign Minister Annalena Baerbock called on Thursday for an urgent inquiry to investigate what she called human rights violations committed by Russia during its invasion of Ukraine. …

By Samuel Shen and Andrew Galbraith SHANGHAI – The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, …

MOSCOW – Russia’s finance ministry said on Thursday that it was halting purchases of foreign currency and gold for this year as part of a suspension of parts of its …

BEIJING – A Russian-run online store on Chinese e-commerce platform JD.com thanked Chinese shoppers for their support after it sold out of most items including chocolate and fabric softener, saying …

– Business activity in the Russian service sector returned to growth in February as inflationary pressure eased and business confidence reached a five-month high, the Markit purchasing managers index (PMI) …

The Biden administration unveiled a round of fresh sanctions Wednesday, in part targeting a small portion of Russia’s massive oil and gas industry. The Department of Commerce will place restrictions …

By Daphne Psaledakis and Matt Spetalnick WASHINGTON -The United States is preparing a sanctions package targeting more Russian oligarchs as well as their companies and assets, two sources familiar with …

By David Lawder CHICAGO – U.S. Treasury Secretary Janet Yellen said on Wednesday that the United States and Western allies have immobilized half of the assets of the Russian central …

MOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion roubles a day before as …

By Nora Buli, Jonathan Saul and Marwa Rashad OSLO/LONDON – Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes …

– Russian President Vladimir Putin said at the weekend that his nation’s nuclear forces should be put on high alert, raising fears that Russia’s invasion of Ukraine could lead to …

By Dmitry Zhdannikov and Julia Payne LONDON – Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at …

The Ukrainian people have united and videos on social media show Ukrainian civilians creating thousands of homemade Molotov cocktails to greet invading Russian troops when they enter their towns and …

MOSCOW – Annual consumer inflation in Russia accelerated to 9.05% as of Feb. 25 from 8.84% a week earlier, the economy ministry said on Wednesday, climbing further above an official …