Category Archives:
Russian central bank temporarily suspends international transfers by some foreign entities
MOSCOW (Reuters) - 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...
Mar 02, 2022
Porsche suspends production in Leipzig over Ukraine crisis
BERLIN (Reuters) - 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 Wedne...
Mar 02, 2022
Lithuania could ban Russian vessels from its ports – BNS
VILNIUS (Reuters) - Lithuania's government will vote on Wednesday on whether to ban Russian vessels from its ports following the invasion of Ukraine, the BNS news agency reported on Wednesday. "Ships ...
Mar 02, 2022
Russia’s Nabiullina tells central bank staff: we hoped not to face extreme economic situation
MOSCOW (Reuters) - Russia's Central Bank Governor Elvira Nabiullina said Russia's economy had come up against an extreme situation, something she said they had all hoped would not happen, in an video ...
Mar 02, 2022
Euro zone inflation soars to new high, intensifying ECB dilemma
FRANKFURT (Reuters) - Euro zone inflation soared to another record high last month, intensifying a policy dilemma for the European Central Bank, which must convey a sense of calm amid war-related mark...
Mar 02, 2022
Nigeria’s ‘Waste Museum’ showcases art to raise awareness on waste
By Seun Sanni IBADAN, Nigeria (Reuters) - Inside Nigeria's 'Waste Museum' in Ibadan city, Jumoke Olowookere works on her latest creations made out of used tyres to add an addition to a wide collection...
Mar 02, 2022
Ryanair’s O’Leary says bookings can withstand Ukraine crisis
LONDON (Reuters) - Russia's invasion of Ukraine will not have a dramatic impact on airline bookings in eastern Europe so long as the war does not escalate and spread, Ryanair boss Michael O'Leary said...
Mar 02, 2022
OPEC+ seen sticking to modest output rises despite oil rally
LONDON (Reuters) - OPEC+ will likely stick to modest oil output rises when it meets on Wednesday, officials said, as OPEC heavyweights Saudi Arabia and the United Arab Emirates (UAE) recommit to their...
Mar 02, 2022
Global banks eschew risk as they navigate Russia sanctions quagmire
By Michelle Price and Sumeet Chatterjee WASHINGTON/HONG KONG (Reuters) - Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with all Russian entit...
Mar 02, 2022
Airbus halts Russia parts, studying engineering centre options
PARIS (Reuters) - Airbus said on Wednesday it had stopped sending spare parts to Russia and supporting Russian airlines, but was analysing whether its Moscow engineering centre could keep providing se...
Mar 02, 2022
Peoria, IL, USA
50 °F Partly cloudy
