Politics
Blinken says U.S. is not seeking regime change; Russia may be trying to encircle troops in east Ukraine
Blinken: U.S. does not have a strategy of regime change in Russia US Secretary of State Antony Blinken speaks after viewing the “Burma’s Path To Genocide” exhibit at the United States Holocaust Memorial Museum in Washington, DC, March 21, 2022. Kevin Lamarque | AFP | Getty Images U.S. Secretary of State Antony Blinken says the U.S. has […]
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Britain will reveal crypto regulation plans in coming weeks, sources say
Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]
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Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine
US President Joe Biden delivers a speech at the Royal Castle in Warsaw, Poland on March 26, 2022. Brendan Smialowski | AFP | Getty Images President Joe Biden on Saturday said Russian leader Vladimir Putin “cannot remain in power,” ratcheting up international pressure and further uniting NATO allies against Putin over his invasion of Ukraine. […]
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President Joe Biden to propose new 20% minimum billionaire tax
US President Joe Biden addresses media representatives as he arrives for a European Union summit at EU Headquarters in Brussels on March 24, 2022. John Thys | AFP | Getty Images President Joe Biden is expected to propose a new minimum tax that would largely target billionaires when he unveils his 2023 budget, according to […]
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Russian oligarchs are welcome in Turkey, foreign minister says
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law. Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts, reportedly […]
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With Russian sanctions, small companies may be in for a big surprise
U.S. President Joe Biden speaks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House February 22, 2022 in Washington, DC. Drew Angerer | Getty Images Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine. It’s not only […]
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Uber wins 30-month London license, ending a lengthy battle with city regulators
Peter Summers | Getty Images LONDON — Uber has secured a 30-month license to continue operating in London, ending a protracted battle with city regulators over whether the ride-hailing app was “fit and proper.” “Uber has been granted a London private hire vehicle operator’s license for a period of two and a half years,” a […]
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TotalEnergies boss says he won’t work with Putin again — but refuses to write off Russian assets
The CEO of TotalEnergies on Saturday defended the company’s refusal to fully exit Russia, but said it would never do business with President Vladimir Putin again. Speaking to CNBC’s Hadley Gamble, Patrick Pouyanne, chairman and CEO of TotalEnergies, said he was not prepared to write off the company’s assets in Russia as it would effectively […]
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Biden set to give major speech in Poland; Ukraine’s Zelenskyy asks Middle East to increase energy output
Ukraine’s Zelenskyy to Doha forum: I ask you to increase energy output Ukraine’s President Volodymyr Zelenskyy has spoken at the Doha Forum conference’s opening ceremony. Speaking via video link, he said: “I ask you to increase output of energy so everyone in Russia understands that no one can use energy as blackmail,” according to a […]
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Even discount airfares are on the rise thanks to higher fuel costs and strong demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what travelers are paying for tickets as well as add-ons like baggage fees are the highest in the pandemic. “Even with the high fuel prices we believe we can […]
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