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Explainer-The extent of global banks’ Russian exposure
By Valentina Za MILAN (Reuters) - European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month. Western sanctions against Moscow have upended the financial sector, but...
Syndicated Content Mar 08, 2022

Biden bans Russia oil imports to U.S., warns U.S. gasoline prices will rise further
UPDATED 10:47 A. M. WASHINGTON (Reuters) -U.S. President Joe Biden announced a ban on Russian oil and other energy imports on Tuesday in retaliation for the invasion of Ukraine, underscoring strong bi...
Julia Bradley Mar 08, 2022
KFC parent YUM pausing development in Russia, a key market
By Hilary Russ NEW YORK (Reuters) - Yum Brands Inc , parent company of fried chicken chain KFC, is pausing investment in Russia, a key market that helped the brand achieve record development last year...
Syndicated Content Mar 08, 2022
War-fuelled inflation adds to Europe’s cost of living crisis
By Catarina Demony and Rene Wagner LISBON/BERLIN (Reuters) - Already struggling with rising living costs, Europeans now face an even deeper hit to their livelihoods as the conflict in Ukraine pushes f...
Syndicated Content Mar 08, 2022
U.S. Congress nears deal on Ukraine aid, gov’t funding bill
WASHINGTON (Reuters) - Lawmakers in the U.S. Congress were expected on Tuesday to release a bill providing billions of dollars in emergency aid to Ukraine, as well as money to fund the government thro...
Syndicated Content Mar 08, 2022
China’s economic stability can support global growth amid Ukraine crisis- Citigroup
(Reuters) - The Russia-Ukraine crisis will dent global growth as oil and commodity prices soar, but the hit will be somewhat cushioned by China's push for economic stability and the strength of the U....
Syndicated Content Mar 08, 2022
Palladium firms near record, gold accelerates as Ukraine worries mount
By Bharat Gautam (Reuters) - Palladium hovered marginally below an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while saf...
Syndicated Content Mar 08, 2022
GE suspends its operations in Russia
CHICAGO (Reuters) - 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...
Syndicated Content Mar 08, 2022
Rivian is sued by shareholder after rolling back electric vehicle price hikes
By Jonathan Stempel (Reuters) - Rivian Automotive Inc has been sued by a shareholder who claimed the company misled investors in its initial public offering about how it had mispriced its electric veh...
Syndicated Content Mar 08, 2022
Biden to announce ban on Russian oil on Tuesday -sources
WASHINGTON (Reuters) -U.S. President Joe Biden was expected to announce a ban on Russian oil in remarks at 10:45 a.m. (1545 GMT) on Tuesday, sources familiar with the matter said. The White House said...
Syndicated Content Mar 08, 2022
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