(Reuters) -Russia’s invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia’s rating to ‘junk’ status, Moody’s putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries. Both countries’ financial markets have unsurprisingly been thrown into turmoil by this week’s…
WASHINGTON (Reuters) – Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a further round of sanctions aimed at halting Russia’s invasion of Ukraine. Such a move could happen in coming days after officials in two European countries…
(Reuters) -Russia’s invasion of Ukraine triggered a burst of credit rating moves on Friday, with Moody’s putting Russia on review for a downgrade to ‘junk’ status and Fitch swiftly cutting Ukraine on worries it may now default. Both countries’ financial markets have unsurprisingly been thrown into turmoil by the events this week, which mark the…
By Tim Hepher PARIS (Reuters) -Qatar Airways has asked a UK court to reinstate an order for 50 Airbus A321neo passenger jets that the European planemaker revoked as part of a bitter dispute over the partial grounding of larger A350s, a court filing showed on Friday. Failing that, the Gulf carrier is asking a UK…
LONDON (Reuters) -British Airways said “significant technical issues” had resulted in a number of flight cancellations and disruption across its operation on Friday. The airline said the problem, which was affecting its website, app, and airport operations, had not been caused by a cyber attack. “We are experiencing significant technical issues this evening which are…
(Reuters) – Moody’s said on Friday it has put its credit ratings of Russia and Ukraine on review for a downgrade, after Moscow invaded the neighboring country in what is the biggest attack on a European state since World War Two. Russia currently has an investment grade rating of “Baa3” and a downgrade will lower…
By Svea Herbst-Bayliss (Reuters) -Zendesk Inc said on Friday that its investors rejected a proposed takeover of SurveyMonkey parent Momentive Global and that it terminated the merger agreement. “While we were excited by the potential of this transaction to transform the customer experience and create stockholder value, we respect and appreciate the perspectives of our…
By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union leaders are targeting Russian banks as part of a new package of sanctions following Moscow’s invasion of Ukraine. Here is a rundown of how sanctions which have already been announced impact banks and investors: WHAT HAS…
(Reuters) – U.S chipmaker Nvidia Corp said on Friday it was investigating a potential cyberattack, following a news report that said the attack may have had taken parts of its business offline for two days. A malicious network intrusion caused outages in Nvidia’s email systems and developer tools over the last two days, the Telegraph…
By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting major banks and members of the elite coupled with new export control measures. Washington warned that more action could follow and that all options are on the table. The below are some…
