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By Daphne Psaledakis and Michelle Nichols WASHINGTON (Reuters) -The United States on Tuesday imposed sanctions on more than 100 targets and banned new imports of Russian gold, acting on commitments made by the Group of Seven leaders this week to further punish Russia over its invasion of Ukraine. The U.S. Treasury Department said it imposed […]
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Category: Economy
U.S. accuses five firms in China of supporting Russia’s military
WASHINGTON (Reuters) -The Biden administration said on Tuesday it has added 36 companies to a trade blacklist, accusing five firms in China of supporting Russia’s military and defense industrial base, following Moscow’s invasion of Ukraine. Targets also include companies from Russia, UAE, Lithuania, Pakistan, Singapore the United Kingdom, Uzbekistan and Vietnam, according to the Federal […]
Ukraine and Russia: What you need to know right now
(Reuters) – Exhausted firefighters searched for survivors in the rubble of a shopping mall in the central Ukrainian city of Kremenchuk where authorities said 36 people were still missing after a Russian missile strike that killed at least 18. Russia denied hitting the mall, saying it had struck a weapons depot and a subsequent explosion […]
European shares extend gains on China COVID relief, rising oil prices
By Devik Jain and Susan Mathew (Reuters) -European shares rose on Tuesday as risk appetite improved after China eased its COVID-19 quarantine mandate, while rising oil prices provided an additional boost to energy stocks. The continent-wide STOXX 600 index was up 0.3%, rising for a third straight session. The benchmark index’s gains were tempered following […]
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