TotalEnergies to Take $3.7 Billion Write-Down on Stake in Russia’s Novatek

[ad_1] Business The French energy giant also withdrew its representatives from Novatek’s board, as part of an effort to scale back its Russia business [ad_2] Source link

EU is banning Russia’s biggest bank from SWIFT. Here’s why it matters

[ad_1] Russia’s largest bank will be excluded from the SWIFT payments messaging system, European Commission president Ursula von der Leyen announced on Wednesday. Sberbank is among three Russian banks to…

Could Russia’s frozen assets cover the rebuilding war-torn Ukraine?

[ad_1] The mounting economic damage to Ukraine from Russia’s ongoing bombardment has the US and its European allies speeding billions in aid to the beleaguered country – and looking for…

How Russia’s invasion of Ukraine means more expensive EVs

[ad_1] Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out…

Ukraine: Russia’s fight with Big Tech to control the war narrative

[ad_1] Russia is ramping up efforts to control the narrative over its invasion of Ukraine online and over the airwaves. Tech giants, however, are fighting back. Facebook’s owner Meta and…

MWC 2022: Russia’s pavillion banned as tech fair gets underway

[ad_1] The annual Mobile World Congress (MWC) opened its doors in Barcelona on Monday under the shadow of the Russian invasion of Ukraine. GSMA, the organisation that hosts MWC, said…

Russia’s Central Bank scrambles to deal with sanctions, falling rouble

[ad_1] Russia’s central bank announced a slew of measures on Sunday to support domestic markets, as it scrambled to manage the fallout of harsh Western sanctions over the weekend amid…

Ukraine: Ethereum’s Buterin condemns Russia’s invasion as ‘a crime’

[ad_1] Vitalik Buterin, the Russian-Canadian co-founder of the Ethereum blockchain, railed against Russian president Vladimir Putin and the invasion of Ukraine on Thursday, condemning it as a “crime against the…