Hillary Clinton says she’d back Trump for Nobel Peace Prize if he ends Ukraine war
WASHINGTON, DC – In a rare show of political crossfire unity, former U.S. Secretary of State Hillary Clinton said she would nominate Donald Trump for the Nobel Peace Prize if he could…
Special forces evacuated German spy chief from Ukraine -Focus magazine
BERLIN – The head of Germany’s foreign intelligence service was in Ukraine when Russia invaded and had to be taken home overland in a gruelling two-day journey by special forces when the…
Grain exporters tap EU supplies as war shuts Ukraine ports -traders
By Michael Hogan and Gus Trompiz HAMBURG/PARIS – Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania…
VW faces supply shortage due to Ukraine crisis
FRANKFURT – Volkswagen will halt production for a few days next week at two German factories after a delay in getting parts made in Ukraine, a spokesperson confirmed on Friday. The supply…
S&P Global warns of rating downgrades after Russia’s Ukraine invasion
LONDON – Russia’s invasion of Ukraine could cause a spate of credit rating downgrades S&P Global said on Friday, warning the global economy, and Europe especially, now faced a starkly different picture…
U.S. investors flee to money market funds amid Ukraine crisis
– U.S. investors purchased money market funds and withdrew cash from higher risk equity funds in the week to Feb. 23, as a rush for safety dominated markets in the run up…
Key U.S. senator backs more than $10 billion to handle Ukraine crisis
By Patricia Zengerle WASHINGTON – Democratic U.S. Senator Chris Coons, who chairs the Senate subcommittee that oversees foreign aid, said on Friday he would support an emergency spending bill of $10 billion…
Philip Morris suspends Ukraine operations after Russian invasion
– Tobacco giant Philip Morris International Inc said on Friday it would temporarily suspend its operations in Ukraine, including at its factory in Kharkiv, following the Russian invasion of the country. Philip…
Investors rush to money market funds in days before Russia’s Ukraine invasion
– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets in the…
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint forecast on…
Auto parts maker Aptiv recently shifted high-volume production from Ukraine -CEO
– Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts maker’s chief executive said. “Over the course…
OPEC+ deal seen on track despite Russia’s Ukraine invasion -sources
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar MOSCOW/LONDON – A deal among OPEC+ oil producers including Russia is showing no cracks so far after Russia’s invasion of Ukraine, OPEC+ sources said,…
Deutsche Telekom introduces free-of-charge calls to Ukraine
BERLIN – Deutsche Telekom is making calls and text messages to Ukraine free of charge, the German telecommunications company said on Friday in a move to support people with families in Ukraine…
COSCO Shipping suspends services in Ukraine
BEIJING – The container shipping arm of China’s COSCO Shipping said on Friday that it will stop accepting new bookings for cargoes to and from Ukraine, the latest shipping group to take…
Greek lender Piraeus Bank’s Ukraine operations only 0.2% of assets
ATHENS – Piraeus Bank, one of Greece’s four largest lenders, said on Friday its operations in Ukraine comprise a financial institution, JSC Piraeus Bank ICB, and investments in real estate assets. Together…
Germany’s Lindner says Europe will be able to shield its economies against inflation rising over Ukraine war
PARIS – European sanctions against Russia over the war in Ukraine will lead to cost increases, German Finance Minister Christian Lindner said, but the bloc will be able to protect its economies…
Goldman Sachs sees risks to European stocks from Ukraine crisis
– Goldman Sachs on Friday cut its target for Europe’s major stock index, saying equities in the region are likely to face risks for some time as the Russia-Ukraine crisis intensifies. Missiles…
Consumer inflation in Japan’s capital perks up, Ukraine crisis to add pressure
By Takahiko Wada and Leika Kihara TOKYO -Consumer inflation in Japan’s capital accelerated in February at the fastest annual pace in more than two years, suggesting that soaring fuel and food costs…
Ukraine central bank bans payments to Russia, Belarus
KYIV – Ukraine’s central bank has banned payments to entities in Russia and Belarus as well as operations involving both nations’ currencies, the regulator said on Friday, a day after Russia launched…
Chinese firms expect limited impact from Ukraine crisis; some seek to benefit
SHANGHAI – A growing number of Chinese firms with business in Ukraine or Russia say the impact from the region’s crisis is limited for now, as some sought to reassure investors, with…
Factbox-How the Ukraine conflict could affect the U.S. economy
By Ann Saphir, Jonnelle Marte and Lindsay Dunsmuir – Federal Reserve policymakers on Thursday signaled the conflict in Ukraine will not budge them from their expected course of rate hikes ahead. But…
World Bank preparing finance options for Ukraine -Malpass
WASHINGTON – World Bank President David Malpass said on Thursday the lender stands ready to provide immediate support to Ukraine amid “shocking violence and loss of life,” and is preparing options for…
ADM shuts Ukraine grains terminal, crush plant, other facilities after Russia invasion
– U.S. agricultural commodities trader Archer-Daniels-Midland Co said on Thursday it has shuttered its facilities in Ukraine, including an oilseed crush plant and a grain export terminal, after the country was invaded…
U.S. hits major Russian banks with sanctions over invasion of Ukraine
WASHINGTON – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new measures as…
Russia cracks down on home front as its troops invade Ukraine
By Tom Balmforth MOSCOW – Police on Thursday detained more than 1,600 Russians who protested against Russia’s multi-pronged military operation in Ukraine, while authorities threatened to block media reports that contain what…
Norwegian Cruise cancels sailings to Russia, Ukraine ports
– Norwegian Cruise Line Holdings Ltd said on Thursday Russia’s invasion of Ukraine has forced it to alter itineraries and cancel sailings to ports in the countries. The U.S. cruise line is…
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