Category Archives:
Futures slide as West ratchets up sanctions against Russia
(Reuters) - U.S. stock index futures slid more than 1% on Monday as investors assessed the fallout from a new set of sanctions imposed by the Western countries on Russia over its invasion of Ukraine. ...
Feb 28, 2022
Factbox-EU sanctions target Russia’s economy, elites and Putin himself
(Reuters) - The European Union has imposed several packages of sanctions on Russia for launching an "unprecedented and unprovoked military attack against Ukraine", with some measures the bloc has neve...
Feb 28, 2022
Citigroup flags $5.4 billion exposure to Russian assets
(Reuters) - Citigroup Inc said on Monday its total exposure to Russian assets was $5.4 billion at the end of December, compared with an earlier disclosure of $5.5 billion at the end of September. The ...
Feb 28, 2022
Airspace closures send airlines on detours, add to cargo woes
By Anne Kauranen HELSINKI (Reuters) - Airlines on Monday braced for a potentially lengthy sanctions war after the EU banned Russian airlines and Moscow pledged to retaliate. Dozens of flights were can...
Feb 28, 2022
Daimler Truck suspends business activities in Russia
BERLIN (Reuters) - Daimler Truck said on Monday it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz. No more trucks will b...
Feb 28, 2022
Arbutus files patent infringement lawsuit against Moderna
(Reuters) - Arbutus Biopharma Corp said on Monday it had filed a lawsuit against Moderna Inc seeking damages for infringement of patents related to its COVID-19 vaccine. The lawsuit comes after a fede...
Feb 28, 2022
Russian oil tanker hit by U.S. sanctions on its way to Malaysia – data
KUALA LUMPUR (Reuters) - A Russian-flagged crude oil tanker targeted by U.S. sanctions is heading to Malaysia, shipping data showed on Monday, amid growing international scrutiny on businesses linked ...
Feb 28, 2022
Kremlin says Russia’s economic reality has changed, stands by central bank
MOSCOW (Reuters) - The Kremlin on Monday said Russia's economic reality had changed but saw no reason to doubt the effectiveness and reliability of the central bank, which hiked interest rates to 20% ...
Feb 28, 2022
World poverty to rise as climate change hits food supplies-UN panel
By Mark John (Reuters) - Climate change and extreme weather are already hurting the world economy and if unchecked will plunge millions more into poverty while pushing up food prices and disrupting tr...
Feb 28, 2022
Toyota suspends all domestic factory operations after suspected cyber attack
TOKYO (Reuters) -Toyota Motor Corp said it will suspend all domestic factory operations on Tuesday losing around 13,000 cars after one a company supplying plastic parts and electronic component was hi...
Feb 28, 2022
Peoria, IL, USA
50 °F Fog
