Companies with exposure to Russia
International companies with exposure to Russia are girding for further Western sanctions following Moscow’s invasion of Ukraine.
Here’s a list of some of the companies, by region:
EUROPEAN ...
Articles
Analysis: Oil’s journey from worthless in the pandemic to $100 a barrel
In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak – ...
Ukraine’s government raises crypto worth $8 million in crowdfunding appeal
Ukraine’s government has raised almost $8 million in cryptocurrencies after posting appeals on social media for donations of bitcoin and other digital tokens, according to blockchain analysis company Elliptic.
Ukraine’...
EU tightens Russian sanctions and buys weapons for Ukraine
The European Union will tighten sanctions on Russia, target Russian ally Belarus with measures and fund weapons for Ukraine to help it defend itself against Russia’s invasion, top EU ...
As West rallies behind Ukraine, Putin puts nuclear deterrent on alert
President Vladimir Putin ordered his military command to put Russia’s nuclear deterrent on high alert on Sunday in the face of a huge Western response to his war on ...
Europe and Canada move to close skies to Russian planes
European nations and Canada moved on Sunday to shut their airspace to Russian aircraft, an unprecedented step aimed at pressuring President Vladimir Putin to end his invasion of Ukraine, the ...
Google blocks Russia’s RT app downloads on Ukrainian territory
Alphabet Inc’s GOOGL.O Google has banned downloads of Russian state-owned media outlet RT’s mobile app on Ukrainian territory at the request of the government in Kyiv.
“In ...
Investors brace for volatility as West moves to cut Russia off from SWIFT
Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including ...
A SWIFT primer as West moves to freeze Russia out of international payments
The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including cutting off a number of Russian ...
Ukraine lodges case against Russia at world court – Zelensky
Ukraine has filed a suit against Russia at the highest U.N. court in The Hague for disputes between states, President Volodymyr Zelensky said on Sunday.
It was unclear on ...
Saudi Aramco finds new gas fields in four regions – news agency
Saudi Aramco has discovered natural gas fields in four regions of the kingdom, the Saudi Press Agency reported on Sunday, citing Energy Minister Prince Abdulaziz bin Salman.
The fields were ...
Germany to increase defence spending in response to ‘Putin’s war’ – Scholz
Chancellor Olaf Scholz said on Sunday Germany would sharply increase its spending on defence to more than 2% of its economic output in one of a series of policy shifts prompted ...
Ukrainian oil, gas infrastructure burns as West tightens sanctions
Huge explosions from Russian attacks on oil and gas installations lit up the night sky in Ukraine early on Sunday, while Western allies tightened sanctions to banish major Russian banks ...
Ukrainian oil, gas facilities burn as West prepares new sanctions
Russian forces have attacked oil and gas facilities in Ukraine, sparking huge explosions, officials said on Sunday, as Western allies prepared new sanctions, including banishing key Russia banks from the ...
Crypto exchange Coinbase’s trading volumes surge on retail interest
US cryptocurrency exchange Coinbase Global Inc (COIN.O) on Thursday reported a surge in quarterly trading volumes on a sequential basis as volatility in prices drew in retail traders, but ...
Uber revamps driver pay algorithm to attract drivers
Uber Technologies Inc (UBER.N) is testing a new driver earnings algorithm in 24 US cities that allows drivers to see pay and destinations before accepting a trip and raises the ...
Taiwan sees limited impact from Ukraine war on chip supply chain
Taiwan expects little impact from the war in Ukraine on the supply of key raw materials for semiconductors, the government said on Saturday.
Taiwan is a major chip manufacturer, home ...
Intel picks Magdeburg in Germany for new European chip factory
Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and will make the decision public on March 4, a person familiar ...
EU sanctions target Russia’s economy, elites and Putin himself
The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”.
Further sanctions, including the suspension of Russia’s access ...
Germany softens stance on curbing Russian access to SWIFT
Germany changed its position on Saturday about imposing restrictions on Russia’s access to the SWIFT global interbank payment system, joining other Western powers in support of harsher sanctions aimed ...
Automakers idle production following Russia’s invasion, other firms also scramble
Several companies, including automakers Volkswagen (VOWG_p.DE) and Renault (RENA.PA) and tire maker Nokian Tyres (TYRES.HE), on Friday outlined plans to shut or shift manufacturing operations following ...
Newcastle win at Brentford on Eriksen’s emotional return
Newcastle United claimed a fourth win in five Premier League games with a crucial 2-0 victory at 10-man Brentford allowing them to pull away from the relegation zone on Saturday.
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Ronaldo and United left frustrated in goalless draw
Manchester United were held to a goalless draw at home to lowly Watford at Old Trafford on Saturday, denting their hopes of a top four finish in the Premier League.
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Flamboyant France thrash hosts Scotland in Six Nations
France were at their flamboyant best as they scored six tries in thumping Scotland 36-17 at Murrayfield on Saturday to make it three wins out of three in the Six ...