EXPLAINER: Russia is not a ‘most favored nation.’ What now?
WASHINGTON (AP) — With Congress voting to suspend normal trade relations with Russia and ban the importation of its oil,…
March 2022
World Shares Drop 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…
Dollar Hits Five-year High Vs Yen, Euro Sags Amid Ukraine Uncertainty
By John McCrank and Joice Alves New York (Reuters) -The dollar rose on Friday, notching a five-year high against the…
Deutsche Bank To Wind Down Russia Business
FRANKFURT (Reuters) -Deutsche Bank said on Friday that it would wind down its business in Russia. Deutsche had faced stinging…
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…
Oil Rises But Set For Weekly Loss As Traders Assess Supply
By Shariq Khan BENGALURU (Reuters) -Oil prices rose Friday but still on track for a weekly decline as traders weighed…
Volkswagen Warns Of Dent To Business From War As Operating Profit Doubles
FRANKFURT (Reuters) -Volkswagen AG, Europe’s largest carmaker, on Friday said that Russia’s invasion of Ukraine could dent business this year,…
‘Nothing is taboo’: EU mulling new sanctions against Russia
VERSAILLES, France (AP) — European Union leaders said Friday they will continue applying pressure on Russia by devising a new…
European Stocks Rise As Putin Hints At Progress In Ukraine Talks
By Anisha Sircar, Bansari Mayur Kamdar and Susan Mathew (Reuters) -European shares marked their biggest weekly gain this year, as…
Rental Car Giants Embark On Electric After Pandemic Bonanza
(Corrects attribution of data for graphics and U.S. monthly revenue to Auto Rental News, instead of the American Car Rental…