JCP&L Suspends Summer Shut-Offs as New Jersey Electricity Rates Increase 20%
HOLMDEL, N.J. — A failed state energy plan has resulted in electricity rate increases as high as 20% in New Jersey, thanks to Governor Phil Murphy’s failed clean energy agenda, but one…
Generali suspends Donnet’s internal rival in CEO race
MILAN – Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role of chief…
BMW suspends production in China’s Shenyang due to COVID controls
SHANGHAI – BMW Group said on Wednesday production at all its plants in the northeastern Chinese city of Shenyang will be temporarily suspended from Thursday due to COVID control measures. The German…
Credit Agricole suspends services in Russia as banks retreat
By Iain Withers and Julien Ponthus LONDON – France’s Credit Agricole said on Tuesday it had suspended all services in Russia, joining a retreat by other international banks since Moscow’s invasion of…
Novartis suspends some business activities in Russia
GENEVA – Swiss drugmaker Novartis said on Tuesday it was suspending capital investments, media advertising, and other promotional activities in Russia but remained committed to providing access to its medicine there. “Novartis…
Maryland Governor Hogan Suspends Gas Tax
ANNAPOLIS, MD— The state of Maryland has become the first state in America to temporarily suspend its state gasoline tax in order to provide residents with relief at the pump. Now the…
Mexico’s migration institute suspends operations in Tapachula after ‘violent’ incident
– Mexico’s National Migration Institute (INM) said on Friday it has temporarily suspended operations in the city of Tapachula, in Chiapas, after some staff were injured in what it called a “violent”…
Barclays suspends sales of two products linked to oil, volatility
By Iain Withers and Saqib Iqbal Ahmed LONDON/NEW YORK – British bank Barclays said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of…
London Stock Exchange Group suspends all services in Russia
LONDON -Britain’s London Stock Exchange Group said on Friday it is suspending all products and services for all customers in Russia, days after suspending the distribution of news and commentary in the…
Domino’s Russian arm suspends royalties but pizza outlets remain open
– The Russian franchisee of global pizza chain Domino’s has suspended royalty payments from its restaurants in Russia and will limit further investment in the country following Moscow’s invasion of Ukraine, it…
Holiday inn-owner IHG suspends investments in Russia
– Holiday inn-owner IHG said on Thursday it was suspending future investments, development activity and new hotel openings and will close its Moscow office following Russia’s invasion of Ukraine. The London-listed company…
Suzuki’s Hungarian factory suspends car exports to Russia and Ukraine
By Gergely Szakacs BUDAPEST – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on…
Honeywell suspends business in Russia, Belarus
– U.S. industrial conglomerate Honeywell International Inc said it suspended business in Russia and Belarus, following Moscow’s invasion of Ukraine. The company said late on Tuesday it had substantially suspended all its…
Luxury carmaker Ferrari suspends production of vehicles for Russian market
MILAN – Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow’s invasion of Ukraine. “Given the ongoing situation Ferrari has taken the decision to suspend the…
GE suspends its operations in Russia
CHICAGO – General Electric Co on Tuesday said it is suspending operations in Russia, with the exception of providing essential medical equipment and supporting existing power services in the region. (Reporting by…
Ratings agency Fitch suspends commercial operations in Russia
LONDON -Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its coverage instead.…
Shares of French food group Danone fall after it closes Ukraine plant, suspends Russia investments
By Dominique Vidalon PARIS – Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and had closed one of its two factories…
TikTok suspends livestreaming, new uploads in Russia
– TikTok, the Chinese-owned video app, said on Sunday it would suspend live-streaming and the uploading of videos to its platform in Russia as it reviews the implications of a new media…
French food group Danone suspends investments in Russia
PARIS – French food group Danone said in a statement on its website that it was suspending investments in Russia, and that one of its two factories had closed in Ukraine, following…
Puma suspends operation of all its stores in Russia
FRANKFURT – German sportswear maker Puma has decided to suspend operations at all its stores in Russia, it said on Saturday. Puma, which has 100 stores in Russia, had already stopped deliveries…
Canadian business jet maker Bombardier suspends all activities with Russian clients
MONTREAL – Business jet maker Bombardier Inc said on Friday it has suspended all activities with Russian clients, as more companies cut ties in the country following the introduction of sweeping sanctions…
YouTube Suspends Popular News Channel Simply For Playing Clip Of Donald Trump Denying Election Results
YouTube Suspends Popular News Channel Simply For Playing Clip Of Donald Trump Denying Election Results Ailan Evans on March 4, 2022 YouTube suspended popular news channel The Hill for playing a clip…
Canada Goose suspends sales in Russia after Ukraine invasion
– Luxury retailer Canada Goose Holdings Inc said on Wednesday it would suspend all wholesale and e-commerce sales to Russia, becoming the latest company to respond to the country’s invasion of Ukraine.…
Russian central bank temporarily suspends international transfers by some foreign entities
MOSCOW – Russia’s central bank said on Wednesday it was temporarily suspending transfers by foreign legal entities and individuals from several countries to accounts abroad. The bank said it was also temporarily…
Porsche suspends production in Leipzig over Ukraine crisis
BERLIN – Volkswagen’s Porsche is suspending production at its Leipzig plant until the end of next week as a result of the Ukraine crisis, a spokesperson for the luxury carmaker said on…
Toyota Suspends Japanese Factories After Reports Of Cyberattack
Toyota is suspending production of all its Japanese factories beginning Tuesday after reports of a cyberattack that caused system malfunctions, Reuters reported. The Japanese car giant will temporarily halt production at all…
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