Live updates: France preparing to seize Russian assets
The latest developments on the Russia-Ukraine war: PARIS — French Finance Minister Bruno Le Maire says France is getting ready…
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…
Russia Hikes Key Rate To 20% In Emergency Move, Tells Companies To Sell FX
(Reuters) – The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency…
Ruble plummets as sanctions bite, sending Russians to banks
MOSCOW (AP) — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the…
Olam Focused On Q2 London IPO Of Food Ingredients Unit; Watching Markets
SINGAPORE (Reuters) – Commodities trader Olam International is focused on completing the IPO of its food ingredients unit in the…