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March 11, 2022
Abramovich’s U.S. Hedge Fund Investments Frozen- WSJ
(Reuters) – Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his…
Many Nike Stores Remain Open In Russia Over A Week After Closure Announcement
By Richa Naidu LONDON (Reuters) -Many Nike stores throughout Russia were open on Friday afternoon, according to checks made by…
Investors Jump Into Commodities While Keeping Eye On Recession Risk
By David Randall NEW YORK (Reuters) – Investors are rushing to recalibrate their portfolios for a potentially extended period of…
BlackRock Russia Exposure Down $17 Billion Since February, Company Data Shows
By Ross Kerber (Reuters) – BlackRock Inc’s total client exposure to Russia has declined to less than $1 billion from…
Dual Registration Of Russian-leased Aircraft At Odds With Key Aviation Principles -U.N
MONTREAL (Reuters) -Any dual registration of foreign-owned aircraft leased by Russian carriers would be inconsistent with parts of a key…
Democrats say Spirit-Frontier merger could boost airfares
WASHINGTON (AP) — Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce…
Yellen: COVID-19 Aid Funds Will Help U.S. Withstand Ukraine War Economic Turmoil
By David Lawder DENVER (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the U.S. economy is better prepared to…
Debt Deadline And Central Bank Hikes Loom In Russia
By Marc Jones LONDON (Reuters) – The cost of Russia’s invasion of Ukraine will become a lot clearer next week,…
World Shares Fall On Ukraine Conflict, Looming U.S. Rate Hikes
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World shares slid on Friday, pressured by uncertainty about the conflict in…
Cargill, ADM To Scale Back Business In Russia, Keep Open Food Facilities
(Reuters) -Global farm commodities traders Cargill Inc and Archer-Daniels-Midland Co said on Friday they were scaling back business activities in…