TAIPEI (Reuters) – Taiwan’s semiconductor companies are complying with government export controls to Russia, put in place as part of sanctions on Moscow for invading Ukraine, the Economy Ministry said on Sunday. Taiwan, which announced it was joining international sanctions against Russia on Friday, is a major chip manufacturer, home to the world’s largest contract…
By Ahmad Ghaddar LONDON (Reuters) -OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a technical committee report seen by Reuters on Sunday. The data – part of a report the Joint Technical Committee (JTC) prepares…
LONDON (Reuters) -OPEC+ revised down its forecast for an oil market surplus this year by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a technical committee report seen by Reuters on Sunday. The data – part of a report the Joint Technical Committee (JTC) prepares for OPEC+…
BUDAPEST (Reuters) – Wizz Air said on Sunday that it had suspended all flights to and from Russia temporarily. The airline added on its website that it was constantly monitoring the situation. (Reporting by Krisztina Than; Editing by Andrew Cawthorne)
MOSCOW (Reuters) – Alphabet Inc’s Google has banned downloads of Russian state-owned media outlet RT’s mobile app on Ukrainian territory at the request of the government in Kyiv, RT said on Sunday. Google on Saturday barred RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a…
SYDNEY (Reuters) – Australia’s Qantas Airways Ltd is opting to use an alternative flight path between Darwin and London that avoids Russian airspace after the invasion of Ukraine, the airline said on Sunday. “Given the current circumstances and complexities, we’re opting to use one of our alternative flight paths that doesn’t overfly Russia, while we…
By Paresh Dave (Reuters) -Alphabet Inc’s Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary circumstances,” Google’s YouTube unit said it was “pausing a number of channels’…
By Catherine Belton, Paritosh Bansal and Megan Davies LONDON/NEW YORK (Reuters) – A decision by Western allies on Saturday to block “selected” Russian banks from the SWIFT payments system will inflict a crippling economic blow, but also cause much pain to their own companies and banks. And the allies still have room to do more….
WASHINGTON (Reuters) – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with European authorities to understand the details of the entities that will be subject to the new measures and we are preparing to comply upon…
By Steve Holland, John Chalmers and Daphne Psaledakis BRUSSELS/WASHINGTON (Reuters) – The United States and its allies on Saturday moved to block certain Russian banks’ access to the SWIFT international payment system in further punishment of Moscow as it continues its military assault against Ukraine. The measures, which will also include restrictions on the Russian…
