Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles

LONDON, March 23 (Reuters) – Russia will seek payment in roubles for gas sold to “unfriendly” countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region’s energy crunch. European nations and the United States have imposed heavy sanctions on Russia since Moscow sent troops into … Read more

Nazanin, Ashoori arrive in Britain after Iran prison ordeal

BRIZE NORTON, England, March 16 (Reuters) – British-Iranian aid worker Nazanin Zaghari-Ratcliffe and dual national Anoosheh Ashoori arrived in Britain from Iran on Thursday, ending an ordeal during which they became a bargaining chip in Iran’s talks with the West over its nuclear programme. They arrived at the British military airbase of Brize Norton in … Read more

Visa, Mastercard suspend operations in Russia over Ukraine invasion

Credit card is seen in front of displayed Visa logo in this illustration taken July 15, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 5 (Reuters) – US payments firms Visa Inc (VN) and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, … Read more

Russia’s offer to foreign firms: stay, leave or hand over the keys

Customers shop at an IKEA store in Omsk, Russia, March 3, 2022. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Sweeping Western sanctions create investor minefield SocGen warned it might be stripped of Russian assets Pirelli’s Russian plants continue, others seek exit Banks count the every changing cost of sanctions MOSCOW, March 4 … Read more

Russian rouble up from new lows, ratings downgrades weigh

Russian Rouble and US Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, March 3 (Reuters) – The rouble pared some losses after slumping to new record lows against the dollar and euro on Thursday as Fitch and Moody’s downgraded … Read more

Shell to exit Russia after Ukraine invasion, joining BP

Shell pulls out of giant Sakhalin 2 LNG project Move to lead to impairments of $3 billion ‘We are shocked by the loss of life in Ukraine,’ CEO says LONDON, March 1 (Reuters) – Shell (SHEL.L) will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the … Read more

U.S. slaps sanctions on Russia’s central bank, threatens more action

An exterior view shows Russia’s Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: “Bank of Russia”. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 28 (Reuters) – The United States on Monday imposed sanctions on Russia’s central bank and other sources of wealth, dealing a crushing … Read more

Oil soars as Russian energy supply fears intensify

Models of oil barrels and a pump jack are displayed in front of Ukrainian and Russian flag colors in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Russia faces disruptions to oil exports without SWIFT OPEC+ revises down 2022 market surplus estimate Goldman Sachs raised one-month … Read more

Russian central bank scrambles to limit fallout of tough sanctions

Feb 27 (Reuters) – Russia’s central bank announced a slew of measures on Sunday to support domestic markets, as it scrambled to manage the broadening fallout of harsh Western sanctions over the weekend in retaliation against Moscow’s invasion of Ukraine. The central bank said it would resume buying gold on the domestic market, launch a … Read more

Wall Street Week Ahead: Some investors wary of ‘buying the dip’ as Ukraine, Fed gyrate stocks

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 25 (Reuters) – US stocks are drawing buyers after a recent tumble, but some investors … Read more