Russia
World’s largest yacht, linked to Russian billionaire Usmanov, is seized by Germany
A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany seizes Russian billionaire Usmanov’s yacht at Port of Hamburg. Sabri Kesen | Anadolu Agency | Getty Images WASHINGTON — German authorities said they have seized the […]
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UK freezes record $13 billion in assets linked to two Abramovich associates
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images WASHINGTON — The United Kingdom on Thursday announced that it had frozen assets belonging to two Russian oligarchs worth up to […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are little changed on final trading day of the week A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters U.S. stock […]
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Sustainable recovery spending could be derailed by commodity price spikes following Ukraine war
Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. At the same time, recent months have also seen commodity prices jump. Marcus Brandt | Picture Alliance | Getty Images The world’s governments have pledged more than $710 billion to “sustainable recovery measures” by […]
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Wells Fargo shares fall as quarterly revenue misses estimates, bank says credit losses to increase
Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending, but beat earnings expectations as the bank decreased its credit reserves. Wells Fargo shares lost 3% in premarket trading. Here are […]
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Russia threatens new nuclear deployments if Sweden, Finland join NATO
Dmitry Medvedev, Russia’s Prime Minister. Andrey Rudakov | Bloomberg | Getty Images Russia says a nuclear-free Baltic region would no longer be possible if Finland and Sweden join NATO, alluding to additional nuclear deployments in Europe. “If Sweden and Finland join NATO, the length of the alliance’s land borders with the Russian Federation will more […]
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Russian flagship missile cruiser ‘seriously damaged’ after blast in Black Sea
Russia will seek peace or leave the international arena forever: Zelenskyy Ukrainian President Volodymyr Zelenskiy speaks during an address where he says that Russian forces could use chemical weapons in Ukraine, in Kyiv, Ukraine, April 11, 2022 in this still image taken from video. Ukrainian Presidential Press Service | via Reuters In his latest nightly […]
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Ukraine war could mark the most dangerous moment since the Cuban missile crisis, says ‘Sapiens’ author
Israeli author, historian and professor Yuval Noah Harari has spoken out frequently against President Vladimir Putin’s war in Ukraine, adding that it has had the unintended consequence of forging greater unity between Europe and the U.S. Kristof Van Accom | AFP | Getty Images Seven weeks into Russia’s war with Ukraine, still escalating tensions position […]
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Leaked documents show notorious ransomware group has an HR department, performance reviews and an ’employee of the month’
Conti — which uses malware to block access to computer data until a “ransom” is paid — operates much like a regular tech company, say cybersecurity specialists who analyzed the group’s leaked documents. eclipse_images A Russian group identified by the FBI as one of the most prolific ransomware groups of 2021 may now understand how […]
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Russia’s war in Ukraine threatens to hurt billions, UN warns as food and energy prices soar
Russia’s war in Ukraine is already taking a dramatic toll on the world economy and placing a huge swath of the world’s population, especially those in developing nations, at an increased risk of harm, the United Nations warned Wednesday. The crisis has caused a “perfect storm” of disruptions to global food, energy and financial markets […]
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