Exclusive-Nord Stream 2 owner considers insolvency after pipeline halt, sanctions -sources

(Reuters) -The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, two sources familiar with the situation said, as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it.

newspaper

01-03-2022

European shares sink on Ukraine jitters, weak earnings

(Reuters) -European stocks tumbled on Tuesday, kicking off March on a dour note on weak earnings reports and jitters over the Ukraine crisis as Russia raged on with its attack after ceasefire talks between the two nations failed to reach a breakthrough.

newspaper

01-03-2022

European Union talks to U.S. about widening airspace ban on Russia

(Reuters) -The European Union is speaking to U.S. counterparts about extending a ban on Russian flights, it said on Tuesday, as it gave more details of the EU's closure of airspace to Russian aircraft imposed after Moscow's invasion of Ukraine.

newspaper

01-03-2022

Shipping giants steer clear of Russia as Western net tightens

The world's biggest shipping lines MSC and Maersk on Tuesday suspended container shipping to and from Russia, deepening the country’s isolation as its invasion of Ukraine sparks an exodus of international companies.

newspaper

01-03-2022

Asset managers freeze $3 billion in Russia funds in market turmoil

LONDON (Reuters) -Asset managers including France's Amundi and BNP Paribas, Britain's HSBC and Switzerland's Pictet have frozen Russia-focused equity funds totalling over $3 billion in assets, as markets seize up following sanctions on Russia.

newspaper

01-03-2022

SWIFT waits to disconnect Russian banks as securities platforms cut Moscow ties

LONDON (Reuters) -SWIFT said on Tuesday it was waiting to see which banks authorities want disconnected from its global financial messaging system as sanctions in response to Russia's invasion of Ukraine are rolled out.

newspaper

01-03-2022

Stocks slide on Ukraine woes, oil storms back above $100

European stocks tumbled, oil shot back above $100 a barrel and there was a stampede for U.S. and German government bonds on Tuesday as markets struggled with massive uncertainty caused by Russia's invasion of Ukraine.

newspaper

01-03-2022

Egypt's Suez canal to increase tolls by up to 10%

Egypt's Suez Canal Authority said on Sunday it was increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1.

newspaper

27-02-2022