BP Quits Russia In Up To $25 Billion Hit After Ukraine Invasion
By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in…
Reuters
Analysis-As Russia Invades Ukraine, Moscow Battles Big Tech To Control The Narrative
By Elizabeth Culliford NEW YORK/MOSCOW (Reuters) – As Russian missiles rained down on Ukrainian cities, another battle took place online…
BP Exit Opens New Front In West’s Campaign Against Russia
(Reuters) – Energy major BP opened a new front in the West’s campaign to isolate Russia’s economy, with its decision…
Intel Picks Magdeburg In Germany For New European Chip Factory
BERLIN (Reuters) – Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European…
Euro Down 1.2% Vs Dollar As Russia Sanctions Threaten Turmoil
LONDON (Reuters) – The euro opened sharply lower after the weekend as the escalation of Western sanctions on Russia threatened…
Russia Sanctions Cause Weekend Compliance Scramble For Global Banks
By Matt Scuffham, David Henry and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – Senior management and compliance teams at major banks…
UPS And FedEx Halting Shipments To Russia And Ukraine
WASHINGTON (Reuters) – UPS and FedEx have said they are halting delivery service to Russia and Ukraine because of the…
Sberbank’s Czech Branches To Stay Closed On Monday – CTK
PRAGUE (Reuters) – Russian bank Sberbank’s Czech unit will keep branches closed on Monday and card transactions and internet banking…
Norway Says Its Sovereign Fund Will Divest From Russia
OSLO (Reuters) -Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, will divest its Russian assets following Russia’s invasion of…
U.S. Banks’ Russian Investment Banking Fee Income In Doubt After Moscow Sanctions
By David French and Megan Davies NEW YORK (Reuters) – Western sanctions on Moscow could throw the small but lucrative…