Vladimir Putin, Russia’s president, right, answers questions as he sits beside Xi Jinping, China’s … [+] president, at the St. Petersburg International Economic Forum in 2019. Photographer...
Tag: Russia
Eli Lilly Q1 results: ‘Russia isn’t a big part of our portfolio’
Shares of Eli Lilly & Co (NYSE: LLY) opened 3.5% up on Thursday after the pharmaceutical company reported market-beating results for its fiscal first quarter on strong COVID-19 antibodies sales. E...
What McDonald’s closures in Russia could mean for the country
Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant dre...
McDonald’s (MCD) Q1 2022 earnings beat estimates
McDonald’s on Thursday reported better-than-expected earnings and revenue, fueled by price hikes in the U.S. and strong international sales growth. But the war in Ukraine and inflation in the fa...
NATO Could Provide ‘Arrangements’ For Sweden And Finland During Membership Process, Secretary-General Says
Topline NATO Secretary-General Jens Stoltenberg said Thursday that Finland and Sweden could expect some arrangements and protection in the stages between the two countries applying for membership and ...
EU banks’ direct banking sector exposure to Russia slows
On April 28, the Bank of International Settlements (BIS) released the international banking statistics and global liquidity indicators for the end of December 2021. Some key takeaways include that cro...
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets – Regulation Bitcoin News
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an ...
Russia Rejects German Gas Payment From Seized Trading Unit
(Bloomberg) — Russia’s major gas bank rejected a payment from a trading firm that Germany seized from Moscow’s control, the first sign of friction following the take-over amid a broader regional...
Brittney Griner Remains ‘Top Priority’ As Russia Releases Trevor Reed
Topline A State Department spokesman said WNBA player Brittney Griner, who was detained in Russia in February and faces up to 10 years in prison in the country on drug charges, remains a “top priority...
Russia to Cut Gas to Poland, Bulgaria Until Pay Demands Met
(Bloomberg) — Russia halted gas flows to Poland and Bulgaria in a major escalation, and said it will keep supplies switched off until the two countries agree to Moscow’s demands to pay for the f...
Ukraine’s Artillery Might Be Winning The War With Russia
Ukrainian 2S3 in Donbas in March 2015. OSCE Special Monitoring Mission to Ukraine photo As Russia widened its war in Ukraine in late February, many observers assumed Russian artillery would dominate t...
Investors Are Eyeing Coca-Cola After A Blowout Quarterly Earnings Report
Getty Images Key Takeaways During the Coca-Cola earnings call on Monday, the beverage company reported quarterly numbers that topped expectations Net revenues grew 16% to $10.5 billion, while per-shar...
Four European Gas Buyers Made Ruble Payments to Russia
(Bloomberg) — Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC. Most Read fro...
Wrestling Russia On The Blockchain
As known, Crypto doesn’t provide enough liquidity to allow Russia to bypass SWIFT sanctions in full. … [+] However, as Blockchain-based investigators review transaction spikes in different...
Gazprom Cuts Gas Supplies To Poland And Bulgaria
Topline Russian energy giant Gazprom halted gas supplies to Poland and Bulgaria over their failure to pay for gas in rubles, the state-owned company announced on Wednesday, as the Kremlin retaliates a...
Latest Estimates Suggest Russian Troops Have Been Hit Harder
Topline Tens of thousands of Ukrainians and Russians have died since Russia invaded Ukraine in February, and third parties estimate the losses among Russian troops are the greatest. Ukrainian soldiers...
Poland and Bulgaria say Russia suspending natgas supplies over rubles
Officials in Poland and Bulgaria say Russia is suspending their countries’ natural gas deliveries starting on Wednesday. The governments of the two European countries said Tuesday that Russian energy ...
Russia Threatens To Cut Off Gas To Poland After Country Declines To Pay In Rubles
Topline Russian energy giant Gazprom told Poland’s main natural gas supplier PGNiG it will stop all gas flows to the country on Wednesday, the company said Tuesday, a month after Poland and many other...
FinCEN Needs More Oversight But Congress Needs To Fix The Bank Secrecy Act
Natalie Edwards leaves Federal court Wednesday, Jan. 30, 2019, in New York. Edwards, a senior … [+] official at the department’s Financial Crimes Enforcement Network, also known as FinCEN,...
Exmo A Leading Eastern European Marketplace Sells A Corporation In Russia As Well As Belarus
As Western countries continue to increase sanctions over the ongoing war in Ukraine, crypto enterprises operating in the Russian market are facing increasing limitations, some of which are targeted at...
Poland says Russia warned that natgas supply will stop on Wednesday
Russia will halt natural gas flows to Poland on Wednesday in an escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine, according to news reports Tuesday. Rus...
UN Chief Says It’s Ready To ‘Fully Mobilize’ In Mariupol—But Russian Foreign Minister Says Evacuation Pleas Are Merely ‘Theatrical’
Topline The heavily besieged Ukrainian city of Mariupol that became a focus of international attention for its humanitarian situation was a key subject of contention Tuesday during a joint press confe...
UN Predicts More Than 8 Million Refugees Will Flee Ukraine This Year
Topline The United Nations’ refugee agency (UNHCR) on Tuesday said it expects more than 8 million people to flee Ukraine this year following Russia’s invasion, more than double the agency’s previous e...
The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
Apr 26, 2022 at 12:38 // News The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023. Chairwoman of the Central Bank E...
Wimbledon Ban On Russian And Belarusian Players Serves Points About Sports And Politics
The Order of Play board is pictured on the first day of the 2021 Wimbledon Championships at the The … [+] All England Tennis Club in Wimbledon, southwest London, on June 28, 2021. (Photo by Glyn...
Nasdaq to Terminate Its Services in Russia, Quotes Saxo Bank
Saxo Bank, established in 1992, has its headquarters established in Denmark. Saxo Bank is an investment bank that facilitates its users to create high-earning investment profiles through online tradin...
Chanel Opens Three Boutiques In April Following The Shuttering Of Russian Stores In March
The Chanel seasonal boutique in Bodrum, Turkey Photo Courtesy of Chanel While the war in Ukraine may have prompted Chanel to close its boutiques in Russia, it’s open store season elsewhere for t...
Putin Alleges Ukraine And CIA Are Plotting To Kill Russian Journalists In Latest Conspiracy Theory
Topline Russian state media latched onto a dubious plot to assassinate some of the most famous Russians tied to the country’s state-run media operations Monday, a plot President Vladimir Putin alleged...
Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions
Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury. According...