S.African Airline Comair’s Fleet Grounded Indefinitely
CAPE TOWN (Reuters) -South Africa’s civil aviation regulator grounded Comair’s planes indefinitely on Sunday, saying the airline had not adequately…
Some Independent Nike Stores Remain Open In Russia Over A Week After Closure Announcement
(This March 11 story corrects to say “at least six independent stores” instead of “many” stores; adds details on Nike’s…
Steve Cohen’s Point72 To Redeem $750 Million From Melvin Capital – Bloomberg News
(Reuters) – Billionaire investor Steve Cohen’s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital…
Russian Central Bank Decides Not To Reopen Stock Market Trading Next Week
(Reuters) – Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow…
Russia To Include Electronics Firms On List Of Essential Companies -report
(Reuters) – Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the…
Cashless and flightless, Russian tourists stuck in Thailand
BANGKOK (AP) — Thousands of Russian tourists are stranded in Thailand’s beach resorts because of the war in Ukraine, many…
Ukraine Official Plays Down Risks Of Hryvnia Devaluating Further
LVIV, Ukraine (Reuters) – The Ukrainian president’s economic adviser on Saturday played down the risks of the hryvnia devaluating further,…
Russia’s Gazprom Says Continues Gas Shipments Via Ukraine At Same Volume
(Reuters) – Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged…
Sri Lanka Tightens Trade Rules To Boost Currency Reserves
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign…
Abramovich’s U.S. Hedge Fund Investments Frozen- WSJ
(Reuters) – Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his…