PRAGUE (Reuters) – Russian bank Sberbank’s Czech unit will keep branches closed on Monday and card transactions and internet banking stopped, CTK news agency reported on Sunday, citing the bank as saying it saw an outflow of deposits in recent days. The bank said deposits were insured, according to CTK. The bank could not be…
NEW YORK (AP) — For the eighth time in the last two and a half months, a movie starring Tom Holland is No. 1 at the box office. The Sony Pictures videogame adaptation “Uncharted,” starring Holland and Mark Wahlberg, led ticket sales for its second weekend of release with $23.3 million, according to studio estimates…
OSLO (Reuters) -Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, will divest its Russian assets following Russia’s invasion of Ukraine, the Norwegian prime minister said on Sunday. The fund’s Russian assets, consisting of shares in some 47 companies as well as government bonds, were worth 25 billion Norwegian crowns ($2.83 billion) at the end…
By David French and Megan Davies NEW YORK (Reuters) – Western sanctions on Moscow could throw the small but lucrative Russian investment banking business that several large U.S. banks have maintained into question, lawyers said, which could deal a hit to tens of millions of dollars in fees. Major U.S. banks, including JPMorgan Chase &…
By Elizabeth Dilts Marshall WASHINGTON (Reuters) – U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia for invading Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, cyber experts and executives said. Tensions between Russia and the West escalated on Saturday as the United States and its allies moved to block https://www.reuters.com/world/europe/eu-announces-new-russia-sanctions-with-us-others-including-swift-2022-02-26…
MOSCOW (Reuters) – Russia’s central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability during Western sanctions against Moscow for its invasion of Ukraine. Earlier, Russian President Vladimir Putin ordered his military command to put nuclear-armed forces on…
KATHMANDU, Nepal (AP) — Nepal’s Parliament on Sunday approved a contentious half-billion-dollar aid grant from the United States despite protests both inside the legislature and on the streets. The government was able to convince enough lawmakers to approve the proposal following a brief debate. Parliament Speaker Agni Prasad Sapkota announced there was support of a…
By Allison Lampert and David Shepardson (Reuters) -European nations and Canada moved on Sunday to shut their airspace to Russian aircraft, an unprecedented step aimed at pressuring President Vladimir Putin to end his invasion of Ukraine, the biggest attack on a European state since World War Two. The ban on Russian jets comes as the…
By Guy Faulconbridge and Catherine Belton LONDON (Reuters) -Two Russian billionaires, Mikhail Fridman and Oleg Deripaska, called for an end to the conflict triggered by President Vladimir Putin’s assault on Ukraine, with Fridman calling it a tragedy for both countries’ people. Billionaire Fridman, who was born in western Ukraine, told staff in a letter that…
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. “In response to a legal request from the Ukrainian government, the RT News app is no longer available for download on Google Play in Ukraine,” a Google spokesperson…
