Today’s decision completes the package of measures announced by the High Representative on 27 February. The European Union has banned the sale, supply, export to Russia of euro banknotes, as well as investment
Russian President V. Putin has just banned the transfer of more than $ 10,000 in cash from the Russian Federation!! The official ban just went into effect today, March 2nd Major Russian news
American Express issued the statement regarding the latest development in Ukraine! American Express further noted, as Yahoo reports that; Since the beginning of this crisis, we have followed the sanctions of the US
According to Bloomberg sources, the company is working with a financial advisor to settle a number of liabilities and could formally begin bankruptcy proceedings in a Swiss court later this week. Asked for
Oil prices are rising sharply higher after the West imposed tougher sanctions on Russia, blocking Russian banks from SWIFT, (the international payments system) Fears that these moves will disrupt supply, in an already
Mastercard will work with regulators to “fully meet its obligations,” said Mastercard CEO Michael Miebach. The US financial corporation Mastercard, has blocked access to its payment system for “Russian financial institutions” due to
Ruble, the Russian currency record today a new low, as Russia’s ‘Oligarch’s wealth continues to shrinks rapidly, the latest SWIFT and other sanction imposed on Russia, that led President Putin to summon main
SoFi Technologies Inc. is buying banking-software maker Technisys SA for about $1.1 billion, The latest in a string of deals designed to transform the lender into a one-stop financial shop. The deal is equivalent
Ford Motor Co. said it plans to stop production of the F-150 pickup truck at a Missouri assembly plant for at least a week, because of the global semiconductor-chip shortage, which continues to
Rivian started production of the R1T electric pickup in September 2021 and has built 1,015 vehicles last year, ( short of hitting its target of 1,200 due to supply-chain constraints) CEO, called the
