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 …
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 …
LONDON – President Vladimir Putin said on Saturday that Western sanctions on Russia were akin to a declaration of war and warned that any attempt …
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 …
AMSTERDAM – Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) …
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 …
– Companies have limited, put on hold or exited business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below …
By Engen Tham and Julie Zhu – Top Chinese banks are rushing to ensure they can maintain business ties with Russian clients without running afoul …
By Samuel Shen and Andrew Galbraith SHANGHAI – The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms …
MOSCOW – Russia’s central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against …
The European Union approved sweeping new sanctions on Wednesday against Belarus as it supports Russia’s unprovoked invasion of Ukraine. The sanctions target military personnel and …
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 …
The price of crude oil touched its highest level in nearly 11 years on Wednesday amid the ongoing Ukraine crisis which has roiled energy markets. …
By David Lawder CHICAGO -The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of Ukraine, U.S. Treasury Secretary …
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 …
MOSCOW – Russia plans to tap its National Wealth Fund (NWF), a rainy day cushion, after it scrapped its borrowing plan this year amid Western …
By Pratima Desai LONDON – Oil prices jumped to near eight-year highs and wheat to 14-year peaks, while aluminium, Dutch gas and European coal prices …
By Tommy Wilkes and Huw Jones LONDON – The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global payment …
By Michelle Price and Sumeet Chatterjee WASHINGTON/HONG KONG – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view …
– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax …
LONDON – Trading volumes in Russian bonds evaporated on Monday after Western nations stepped up sanctions in the wake of Moscow’s invasion of Ukraine, data …
By Aziz El Yaakoubi and Shariq Khan -The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing …
MOSCOW – The operator of the Russia-led gas pipeline project Nord Stream 2 said on Tuesday it had to terminate contracts with employees because of …
By Rozanna Latiff KUALA LUMPUR -A Russian-flagged ship targeted by U.S. sanctions and suspected of carrying Iranian oil is heading to Malaysia, shipping data showed …
By Bianca Flowers – Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the …
NEW YORK – Major banks are talking with government officials to be clear on how sanctions against Russia should work, JPMorgan Chase & Co Chief …
The Russian ruble plummeted to a record low value Monday after Western countries announced sanctions on Russia as the nation’s invasion of Ukraine intensified, multiple …
By Tom Wilson LONDON – Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to …
Italy allegedly managed to secure a carve-out of one of its biggest industries in the sanctions the European Union levied on Russia, The Telegraph reported …
– 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 …
– The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday …
MOSCOW – Russian President Vladimir Putin called the West an “Empire of Lies” as he discussed the economy with top officials on Monday following the …
WASHINGTON – Fierce economic sanctions imposed by the United States and its allies on Russia’s central bank and other key sources of wealth are likely …
LONDON – The Bank for International Settlements, the umbrella body for central banks worldwide, said on Monday it would not be an avenue for any …
– The European Union has imposed several packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”, with some measures …
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 …
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 …
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 …
– Goldman Sachs expects a rise in the prices of commodities that Russia is a major producer of and lifted its short-term Brent crude forecast …
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 …
LONDON – British foreign minister Liz Truss said on Sunday she would press for further measures against Russia, particularly in cutting off their oil and …
By David Lawder WASHINGTON – China so far does not appear to be helping Russia evade Western financial sanctions on Moscow over its invasion of …
– The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”. Further sanctions, including …
MILAN – Italy will support any European Union line on sanctions against Russia in response to Moscow’s invasion of Ukraine, including measures on the SWIFT …
LONDON – JPMorgan said there was no immediate impact from sanctions on Russia at the month-end rebalancing of its emerging market bond indexes. The indexes …
TOKYO – Japan is considering imposing economic sanctions on Belarus, in line with the United States, for its support of Russia’s invasion of Ukraine, two …
– Canada is imposing sanctions on Russian President Vladimir Putin and Foreign Minister Sergei Lavrov, Prime Minister Justin Trudeau said on Friday. Canada will also …
The White House confirmed that the administration’s sanctions targeting Russia don’t yet affect the country’s key oil and gas industry. “To be clear: Our sanctions …
BELGRADE – Serbia respects Ukraine’s territorial integrity and considers Russia’s military action against it to be “wrong,” but will not impose sanctions against Moscow, Serbian …
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact …