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…
Head of Russia’s Sibur quits management over sanctions
– Sibur, Russia’s largest petrochemical producer, said on Wednesday that Dmitry Konov, who has been the company head since 2006, is leaving senior management positions following Western sanctions over Ukraine. It said…
Defying sanctions, Russia’s Sberbank adds smart TVs to technology offering
– Russia’s top lender Sberbank, with its international operations heavily compromised by Western sanctions against Moscow over events in Ukraine, on Tuesday unveiled a range of smart TVs, the latest addition to…
Canada imposes sanctions on 15 Russian officials
– Canada said on Tuesday it was imposing sanctions on 15 Russian officials who enabled and supported President Vladimir Putin’s invasion of Ukraine to apply additional pressure on Moscow to reverse course.…
French companies must implement sanctions against Russia – govt spokesman
PARIS – French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union and that oil giant TotalEnergies was doing…
Exclusive-Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources
By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost crude supplies after…
Ukraine’s president says he agreed more defence, sanctions support with Biden
LVIV, Ukraine – Ukrainian President Volodymyr Zelenskiy said he spoke to U.S. President Joe Biden on Friday and they agreed on further support for Ukraine’s defence and more sanctions against Russia. “Gave…
Spain’s Meroil won’t break ties with Lukoil, confident of no sanctions impact
By Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in a Barcelona oil terminal due to the…
BOC Aviation says sanctions deadline to end Russian leases is ‘unrealistic’
By Jamie Freed – Aircraft lessor BOC Aviation Ltd believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its invasion of…
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…
Russia’s GDP to fall 15% this year on Ukraine-linked sanctions -IIF
NEW YORK – Russia’s economy will contract in 2022 by some 15% due to the severity of sanctions imposed over its invasion of Ukraine, and the rise in commodity prices will be…
Russia says China refuses to supply aircraft parts after sanctions
– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and Airbus halted…
EU agrees sanctions on 14 oligarchs, blocks transactions with Belarus cbank
BRUSSELS – The European Union has agreed to impose sanctions on 14 more Russian oligarchs, freeze relations with Belarus’ central bank and curb three top lenders in that country, the EU Commission…
EU imposes sanctions on more Russians, adds Belarus banks to list
BRUSSELS – The European Union said on Wednesday it was stepping up sanctions over Russia’s invasion of Ukraine, including targeting more Russian individuals and adding banks in Moscow’s ally Belarus. The 27-nation…
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled…
With eye on metal prices, U.S. cautious on possible sanctions of Usmanov companies
By Daphne Psaledakis and Echo Wang WASHINGTON/NEW YORK – The United States and its allies will look for ways to impose sanctions on companies under Russian metals and telecoms tycoon Alisher Usmanov’s…
U.S. warns financial institutions to be on watch for Russian sanctions evasion
WASHINGTON – The United States on Monday warned financial institutions to watch out for potential Russian sanctions evasion attempts following rafts of sanctions imposed by Washington on Russia over its invasion of…
Governments urged to give banks more detail on Russian sanctions
By Huw Jones LONDON – Banks need to be given more guidance on how to sever ties with Russia because they have never before had to process sanctions on a country so…
Stock Market Sinks, Oil Tops $130 As West Considers Russian Energy Sanctions
Stock Market Sinks, Oil Tops $130 As West Considers Russian Energy Sanctions Thomas Catenacci on March 7, 2022 The stock market dropped during early trading Monday after the U.S. benchmark oil index…
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…
EU considers looser state aid rules for firms hit by sanctions
By Foo Yun Chee BRUSSELS – The European Union is considering loosening state aid rules for companies affected by EU sanctions against Russia over Ukraine and the bloc’s competition regulators are looking…
Western nations plan more sanctions on Russia – Canada’s foreign minister
BUCHAREST – Western states will announce more sanctions against Russia following its invasion of Ukraine, Canadian Foreign Minister Melanie Joly said on Monday during a visit to Romania. “We have imposed with…
Analysis-As Russia avoids energy sanctions, oil majors flee but TotalEnergies stays
By Shadia Nasralla, Benjamin Mallet and Michel Rose LONDON – France’s TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country…
Russia may allow outside firms to maintain airliners amid sanctions, Tass says
OTTAWA – Russia could allow passenger airliners to be maintained by third-party firms in a bid to help its domestic carriers hit by sanctions over the invasion of Ukraine, Tass news agency…
Putin says Western sanctions are akin to declaration of war
LONDON – President Vladimir Putin said on Saturday that Western sanctions on Russia were akin to a declaration of war and warned that any attempt to impose a no-fly zone in Ukraine…
Factbox-Commodity prices fly as sanctions disrupt Russian exports
LONDON – Prices of raw materials such as oil, wheat, aluminium and nickel have soared to multi-year highs since Russia invaded Ukraine on Feb. 24 and Western sanctions disrupt air and sea…
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