Category Archives:
Russian Sberbank’s European units are failing due to war’s impact, ECB says
FRANKFURT (Reuters) - Several European subsidiaries of Sberbank Russia, majority owned by the Russian government, are failing or likely to fail due to reputational cost of the war in Ukraine, the Euro...
Feb 27, 2022
New York City Comptroller to suggest Russian assets for divestment
BOSTON (Reuters) - New York City Comptroller Brad Lander on Sunday said he plans to specify Russian assets for pension boards to "consider for divestment" in response to Russia's invasion of Ukraine. ...
Feb 27, 2022
Londongrad tries to kick its 30-year Russian money habit
By Andrew MacAskill and Catherine Belton LONDON (Reuters) - VTB Capital last week lowered a large Russian flag at its palatial building opposite the Bank of England in London's financial district, sig...
Feb 27, 2022
Column-BP abandoning Russia shows disruption to commodities will be profound: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) - BP's decision to abandon its stake in oil giant Rosneft is the first high-profile example of the self-sanctioning by companies of their business link...
Feb 27, 2022
Analysis-As Russia invades Ukraine, Moscow battles big tech to control the narrative
By Elizabeth Culliford NEW YORK/MOSCOW (Reuters) - As Russian missiles rained down on Ukrainian cities, another battle took place online and over the airwaves. Moscow ramped up efforts to control the ...
Feb 27, 2022
Oil surges on Russia nuclear alert as sanctions intensify
MELBOURNE (Reuters) - Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of Western nations an...
Feb 27, 2022
Euro slides with U.S. stock futures as Ukraine risks rise
By Kevin Buckland TOKYO (Reuters) - U.S. equity futures sank with the euro while the safe-haven dollar and yen were in demand on Monday after Western nations imposed fresh sanctions on Russia for its ...
Feb 27, 2022
Buy now, pay later firm Zip to buy rival Sezzle for about $352 million
Buy now pay later firm Zip Co Ltd on Monday said it would acquire smaller U.S.-based rival Sezzle Inc for about A$491 million ($352.59 million). ($1 = 1.3926 Australian dollars) (Reporting by Sameer M...
Feb 27, 2022
Column-Fund grain, oilseed buying underwhelms ahead of war-induced selloff – Braun
By Karen Braun FORT COLLINS, Colo. (Reuters) - Chicago grain and oilseed futures made a huge run early last week as tensions rapidly escalated between Russia and Ukraine, but it did not excite already...
Feb 27, 2022
BP exit opens new front in West’s campaign against Russia
(Reuters) - Energy major BP opened a new front in the West's campaign to isolate Russia's economy, with its decision to quit the oil-rich country the most aggressive move yet by a company in response ...
Feb 27, 2022
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