By Davide Barbuscia, Catherine Belton and Ira Iosebashvili NEW YORK/LONDON (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system. New measures announced by…
WASHINGTON/BRUSSELS (Reuters) – The United States, Britain, Europe and Canada on Saturday moved to block certain Russian banks’ access to the SWIFT international payment system as part of more sanctions against Moscow as it continues its assault against Ukraine. The measures, which will also include restrictions on the Russian central bank’s international reserves, will be…
WASHINGTON/BRUSSELS (Reuters) – The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine. The measures, which will also include restriction on the Russian central bank’s international reserves, will be…
BRUSSELS (Reuters) – European Commission President Ursula von der Leyen said on Saturday that the EU, along with the United States and other Western partners, plans to impose further sanctions on Russia for its invasion of Ukraine, including cutting off a number of Russian banks from the SWIFT interbank payments system. (… by John Chalmers)
ATLANTA (AP) — Delta Air Lines has suspended its codesharing partnership with Russian national airline Aeroflot following Russia’s invasion of Ukraine — and some Baltic and European nations announced the closure of their airspace to Russian carriers. Atlanta-based Delta on Friday said its decision put a hold on the codesharing system allowing Delta and Aeroflot…
By Paresh Dave (Reuters) – YouTube on Saturday barred Russian state-owned media outlet RT and other Russian channels from receiving money for advertisements that run with their videos, similar to a move by Facebook, after the invasion of Ukraine. Citing “extraordinary circumstances,” YouTube said that it was “pausing a number of channels’ ability to monetize…
By Jonathan Stempel (Reuters) – Warren Buffett is this year bringing back the annual extravaganza for shareholders of his Berkshire Hathaway Inc that he calls “Woodstock for Capitalists.” But the 91-year-old billionaire has a cautionary message: If you want to attend, get vaccinated against COVID-19. Proof of vaccination will be required to attend Berkshire’s annual…
By Paresh Dave (Reuters) -YouTube on Saturday suspended multiple Russian channels, including state-funded media outlet RT, from generating revenue on the video service, following a similar move by Facebook owner Meta Platforms Inc in the wake of the invasion of Ukraine. Citing “extraordinary circumstances,” YouTube said in a statement that it was “pausing a number…
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said fourth-quarter profit swelled, boosted by gains in many of its businesses and common stock investments such as Apple Inc, and said annual earnings reached a record high. Berkshire also signaled renewed confidence in its own stock, repurchasing $6.9 billion in the quarter,…
PARIS (Reuters) – Discussions among European Union members about excluding Russia from the Swift international payment system are close to reaching a successful conclusion, a French presidential official said on Saturday. The official, who was speaking on condition of anonymity, said that no EU member state was blocking Russia’s exclusion from the system, but that…
