JPMorgan Chase CEO Jamie Dimon gave a bleak financial outlook for the world on Monday, warning of a hangover that could last decades thanks to the war in Ukraine, soaring inflation and COVID-19. In his letter to shareholders, Dimon said the world was facing a ‘confluence of three important and conflicting forces’ that made the […]
Dancing with the Stars alum Maksim Chmerkovskiy is back in Eastern Europe, having flown to Poland to help with refugee relief efforts after he was trashed by critics for fleeing his native Ukraine when the Russian invasion began. Chmerkovskiy, 42, was in Kyiv filming World of Dance Ukraine when Putin invaded on February 24 and […]
new York CNN Business — McDonald’s and Starbucks are shutting down their restaurants and cafes in Russia, and Coca-Cola is suspending its operations there in response to Russia’s invasion of Ukraine. PepsiCo is also pulling some products from the country. “McDonald’s has decided to temporarily close all our restaurants in Russia and pause all operations […]
London CNN Business — Russia is finding it ever harder to sell its oil and gas. Shell (RDSA)said Tuesday it was breaking completely with Russia’s giant energy industry, halting all purchases of Russian crude oil immediately and shutting its service stations in the country. The UK-based company, which last week announced it was dumping its […]
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