LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.8% in early trade, with autos shedding 1.9% to lead losses, while oil and gas stocks gained 1.7%. In terms of individual share price movement, […]
LONDON — European stocks moved higher on Monday as investors continue monitoring developments in the war between Ukraine and Russia. The pan-European Stoxx 600 added 0.5% in early trade, with insurance stocks climbing 1.3% to lead gains as almost all sectors and major Bourses entered positive territory. Global markets are watching events in Ukraine closely […]
The Yale professor who is monitoring companies that are still doing business in Russia following its unprovoked invasion of neighboring Ukraine has upped the ante by reclassifying the list into five categories with the fifth titled “digging in” — or defying public demands for exit. Some 39 companies, including Koch Industries Inc., packaging company Ball […]
Treasury Secretary Janet Yellen on Friday said she does not believe the US should impose sanctions on China because of its ties to Russia. “I don’t think that that’s necessary or appropriate,” the Treasury secretary told “Squawk Box” of potential penalties on Beijing. “Senior administration officials are talking privately and quietly with China to make […]
Canada says move comes after European allies said they ‘need help’ as they ease dependence on Russian energy supplies. Canada plans to increase oil and gas exports this year by up to 300,000 barrels per day, the country’s natural resources minister has said, as nations seek to wean themselves off Russian energy supplies amid the […]
Canada says move comes after European allies said they ‘need help’ as they ease dependence on Russian energy supplies. Canada plans to increase oil and gas exports this year by up to 300,000 barrels per day, the country’s natural resources minister has said, as nations seek to wean themselves off Russian energy supplies amid the […]
Russia’s stock market is set to have a partial reopening Thursday, nearly a month after it shut down following the invasion of Ukraine. The challenge for Moscow is that the resumption of trading could simply send Russian stocks back into free fall. On Feb. 24, the day when President Vladimir Putin began the assault on […]
Steel and mining giant Severstal PAO said Citigroup Inc. has frozen interest payments to investors in the company’s bonds, setting up what would likely be the first debt default by a major Russian issuer since Moscow invaded Ukraine. Severstal said Wednesday that payment was frozen because of “regulatory investigations” and that it was committed to […]
President Vladimir Putin’s war in Ukraine, and the wave of Western sanctions in response, is starting to hit Russia’s economic engine: Its prodigious oil-and-gas industry. The US and Canada have barred the little Russian oil they import, while the European Union is considering a ban. But for the most part, Western sanctions have so far […]
Russia’s invasion of Ukraine has shaken the global market for uranium, a critical fuel for nuclear-power plants, prompting some in the US to propose reviving domestic production. Russia enriches more uranium for use in nuclear plants than any other country in the world. Its increasing economic isolation following its attack on Ukraine—and talk of potential […]
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