Business News
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11.04.20220 153
Russia halts plan to nationalize foreign firms – reports
Companies continue to pay leases and salaries to employees in the country as many plan to return © Getty Images /…
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11.04.20220 161
Ruble retreats as central bank eases capital controls
Russia’s regulator lifts ban on buying foreign currency © Getty Images /Savushkin The ruble weakened against foreign currencies on Monday…
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11.04.20220 152
French bank quits Russia over Ukraine
Societe Generale sells stake in Rosbank due to sanctions © Getty Images / Chesnot French banking group Societe Generale announced on…
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11.04.20220 157
Berlin sets timeline for energy independence
Germany plans to wean itself off Russian fossil fuels in two years © Getty Images / Vitalij Sova A spokesperson for…
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10.04.20220 153
Congress moves to downgrade trade ties with Russia
The US Senate voted unanimously to scrap Moscow’s ‘most favored nation’ status and codify a ban on Russian oil FILE…
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10.04.20220 175
Russia adjusts gold buying strategy
Central bank changes fixed price policy to account for stronger ruble © Getty Images / Shutter2U The Bank of Russia has…
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10.04.20220 139
EU announces new Russia sanctions
The penalties include financial and trade restrictions but exclude most energy imports © Getty Images / Valery Bocman The European…
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Credit Suisse expects the Venezuelan economy to surge 20% this year © Getty Images / SOPA Images / Contributor Venezuela’s economy…
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10.04.20220 140
Resurgent ruble turns back time
Russian currency has doubled in value since last month’s crash © Getty Images / Max Zolotukhin The Russian currency strengthened…
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10.04.20220 158
Major tech giant suspends business in Russia
Taiwan’s Acer joins mass exodus over Ukraine crisis Taiwanese residents walking past ACER Computers Headquarters on November 15, 2011 in…