Category Archives:
U.S. banks’ Russian investment banking fee income in doubt after Moscow sanctions
By David French and Megan Davies NEW YORK (Reuters) - Western sanctions on Moscow could throw the small but lucrative Russian investment banking business that several large U.S. banks have maintained ...
Feb 27, 2022
Huawei commits to consumer markets with ‘Smart Office’ launch
BARCELONA (Reuters) - China's Huawei launched seven new "Smart Office" products, including a top-end laptop and its first printer and e-ink tablet, on Sunday, underlining its commitment to consumers a...
Feb 27, 2022
Mexico’s Grupo Bimbo suspends operations in Ukraine plant, citing safety concerns
MEXICO CITY (Reuters) - Mexican breadmaker Grupo Bimbo said on Sunday it has temporarily suspended operations in its Dnipro plant to ensure the safety of its 150 workers, all of whom are Ukrainians, c...
Feb 27, 2022
G7 finance leaders to confer on Tuesday on Ukraine conflict-World Bank chief
WASHINGTON (Reuters) - Finance leaders from the G7 Western democracies will meet virtually on Tuesday to discuss the conflict in Ukraine and potential aid options for the country, World Bank President...
Feb 27, 2022
Biden administration to push congress for $6.4 billion in aid to Ukraine – Schumer
WASHINGTON (Reuters) - The Biden Administration will ask Congress for $6.4 billion dollars in economic and military aid to help Ukraine as it fights the Russian invasion, Democratic Senate Majority Le...
Feb 27, 2022
Britain’s BP says to exit stake in Russian oil giant Rosneft
LONDON (Reuters) - BP said on Sunday it had decided to exit its 19.75 % stake in Russian oil giant Rosneft after Russia's invasion of Ukraine. BP Chief Executive Bernard Looney, who will step down fro...
Feb 27, 2022
Russian central bank to resume gold purchases on domestic market from Monday
MOSCOW (Reuters) - Russia's central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability during Western ...
Feb 27, 2022
U.S. Capitol barricades return as truckers head to Washington
WASHINGTON (Reuters) - Federal authorities are reinstalling fencing around the U.S. Capitol as Washington prepares for planned trucker protests inspired by demonstrations in Canada against COVID-19 pa...
Feb 27, 2022
Telegram may restrict some channels if situation in Ukraine escalates, says founder
MOSCOW (Reuters) - Messaging app Telegram may consider partially or fully restricting the operation of some channels if the situation in Ukraine escalates, Telegram founder Pavel Durov said on Sunday....
Feb 27, 2022
Armani pays tribute to Ukraine suffering with silent show
MILAN (Reuters) - Giorgio Armani switched off the music to hold his Milan fashion show in silence on Sunday out of respect for the people caught in the Ukrainian conflict. Models strutted down the cat...
Feb 27, 2022
Peoria, IL, USA
40 °F Sunny
