Category Archives:
Factbox-What assets do UK-sanctioned Russian oligarchs have?
LONDON (Reuters) - Britain imposed sanctions on Chelsea soccer club owner Roman Abramovich and Igor Sechin, the chief executive of Russian oil giant Rosneft, hitting them with asset freezes and travel...
Mar 10, 2022
Marriott pauses opening new hotels, investment in Russia
(Reuters) - Hotel chain Marriott International Inc said on Thursday it has decided to pause the opening of upcoming hotels and all future hotel development and investment in Russia, following Moscow's...
Mar 10, 2022
EU leaders to make room for more spending over Ukraine, no new joint debt seen
By Jan Strupczewski VERSAILLES, France (Reuters) - European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning ...
Mar 10, 2022
Russia says China refuses to supply aircraft parts after sanctions
(Reuters) - China has refused to supply Russian airlines with aircraft parts, an official at Russia's aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and Air...
Mar 10, 2022
Shell faces $400 million writedown on Russian downstream assets
LONDON (Reuters) - Shell faces writedowns on $400 million in Russian downstream assets, it said on Thursday, having announced $3 billion worth of other projects previously. The oil major announced on ...
Mar 10, 2022
Factbox-Seized or sailing away: What we know about oligarchs and their assets
(Reuters) - What we know about Russia's oligarchs and their assets: ALISHER USMANOV Alisher Usmanov, 68, metals and telecoms tycoon with an estimated $16.2 billion net worth has been sanctioned by the...
Mar 10, 2022
German business sees slowdown from Ukraine war but backs sanctions – BGA
BERLIN (Reuters) - Germany's BGA trade association said on Thursday a survey of its members showed most expected an economic slowdown as a result of the Ukraine conflict, but that business nonetheless...
Mar 10, 2022
Russian economy in ‘shock’ from unprecedented economic war – Kremlin
(Reuters) - The Kremlin said on Thursday that Russia's economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an "absolutely unprecedented" ec...
Mar 10, 2022
Honda to cut production by 10% in two factories
TOKYO (Reuters) - Japan's Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage and geopoli...
Mar 10, 2022
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON (Reuters) -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The M...
Mar 10, 2022
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