Chevron To Buy Renewable Energy Group In $3.15 Billion Deal
(Reuters) -Chevron Corp said on Monday it would buy biodiesel maker Renewable Energy Group Inc in an all-cash deal valued…
Reuters
Citigroup Flags $5.4 Billion Exposure To Russian Assets
(Reuters) – Citigroup Inc said on Monday its total exposure to Russian assets was $5.4 billion at the end of…
Russia’s Sberbank In Europe Faces Closure After Savers Demand Money
By Tom Sims and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -The European arm of Sberbank , Russia’s biggest lender, faces failure, the…
Oil Soars As Russian Energy Supply Fears Intensify
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked…
Russia To Retaliate Against Sanctions On Aviation Industry, Kremlin Says
MOSCOW (Reuters) – Moscow will retaliate against Western sanctions targeting Russia’s aviation industry over the invasion of Ukraine, Kremlin spokesperson…
Hundreds Of Russia Plane Leases To Be Axed After EU Sanctions
By Jamie Freed and Alexander Cornwell (Reuters) -Lessors are set to terminate hundreds of aircraft leases with Russian airlines following…
HSBC Orders Staff To Drop Russian Banks VTB, VEB – Memo
By Carolyn Cohn and Saeed Azhar LONDON (Reuters) – British bank HSBC is beginning to wind down relations with a…
ECB Says Sberbank Likely To Fail; Germany Drops Russia Issuers
By Tom Sims and Alexandra Schwarz-Goerlich FRANKFURT (Reuters) -The European Central Bank on Monday warned that Sberbank Europe, a subsidiary…
Sberbank Opens Additional Reserve Line For Units In Belarus, Kazakhstan
MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Monday said it had opened an additional reserve line for its subsidiary…
Panasonic To Begin Mass Producing New Tesla Battery By End-March
TOKYO (Reuters) -Panasonic Corp said on Monday it will begin mass production of a new lithium-ion battery for Tesla Inc…