Bloomberg
Bloomberg
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Ukraine crisis: Russia's ultra-rich count cost of $83 bn wealth wipeout
Russia's $1.5 trillion economy is already reeling from sanctions that targeted key banks and may prevent Putin from accessing the bulk of more than $640 billion in central bank reserves.
 "Ukraine crisis: Russia's ultra-rich count cost of $83 bn wealth wipeout")
Russia-Ukraine war: Pleas to stop buying Russian oil and gas go unheeded
Washington and Brussels have carved out loopholes big enough for an oil tanker in their current sanctions policy, allowing the trade to continue.
 "Russia-Ukraine war: Pleas to stop buying Russian oil and gas go unheeded")
BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC
BitConnect used money from new investors to pay earlier ones, the U.S. said.
 "BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC")
Exxon Mobil faces stark choice after rivals BP, Shell abandon Russia
The moves by BP and Shell leaves Exxon and TotalEnergies SE as the only remaining supermajors with significant drilling operations in Russia.
 "Exxon Mobil faces stark choice after rivals BP, Shell abandon Russia")
Race for liquidity boosts dollar as Russia contagion risk rises
The dollar rose as much as 0.7%, extending on last week's 0.4% gain
 "Race for liquidity boosts dollar as Russia contagion risk rises")
The business secrets held in India's Dove bars and Nutella jars
A case of Dove bars, a couple of dozen Lay's packets, six jars of Nutella. To the owner of a tiny mom-and-pop store, these may just be the humdrum weekly sales figures for soap, chips and bread spread
 "The business secrets held in India's Dove bars and Nutella jars")
Norway decides to drop Russian assets from $1.3 trillion wealth fund
The Oslo-based fund is the world's biggest owner of publicly traded companies with a portfolio of about 9,000 stocks
 "Norway decides to drop Russian assets from $1.3 trillion wealth fund")
Russia-Ukraine crisis: BP to exit Rosneft stake, may take a $25 bn hit
The surprise move from the British company is the latest sign of how far Western powers are willing to go to punish President Vladimir Putin for his invasion of Ukraine
 "Russia-Ukraine crisis: BP to exit Rosneft stake, may take a $25 bn hit")
Musk activates Starlink in Ukraine as Russia attack disrupts services
Musk's tweet came some 10 hours after Ukrainian Minister Mykhailo Fedorov urged Musk to provide Starlink services to Ukraine
 "Musk activates Starlink in Ukraine as Russia attack disrupts services")
Putin ramps up Ukraine invasion pronouncing peace talks dead
Kremlin spokesman Dmitry Peskov said that Kyiv had refused to conduct negotiations, after the two sides failed to reach agreement on a format or a location for any talks
 "Putin ramps up Ukraine invasion pronouncing peace talks dead")
IMF Ukraine loan payout jeopardized by Russian invasion uncertainty
President Volodymyr Zelenskiy's beleaguered government has been counting on the IMF to unlock the next $700 million from a $5 billion loan for Ukraine approved in 2020.
 "IMF Ukraine loan payout jeopardized by Russian invasion uncertainty")
Russia, Ukraine credit ratings put on review for downgrade by Moody's
S&P lowered Russia to BB+, below investment grade, from BBB- late Friday and warned of further cuts
 "Russia, Ukraine credit ratings put on review for downgrade by Moody's")
Ukraine crisis: War in world's breadbasket has big buyers hunting for wheat
Grain exports from Russia will probably be on hold for at least the next couple of weeks
 "Ukraine crisis: War in world's breadbasket has big buyers hunting for wheat")
Crypto network promises hack-proof history of Russia's Ukraine invasion
The swift and massive influx of data shows the power of being able to add to the archive of history in real time.
 "Crypto network promises hack-proof history of Russia's Ukraine invasion")
Russia-Ukraine conflict: Why the Black Sea matters to commodity markets
Crude and refined oil products from Russia, Azerbaijan and Kazakhstan pass through export terminals on the sea's eastern edge.
 "Russia-Ukraine conflict: Why the Black Sea matters to commodity markets")
Russia-Ukraine crisis: Food prices set to zoom on threat to shipments
Ukraine and Russia together account for more than a quarter of the global trade in wheat, as well as a fifth of corn sales
 "Russia-Ukraine crisis: Food prices set to zoom on threat to shipments")
Key Russian oil shipping rate triples amid Ukraine crisis, says report
The rate to book an Aframax vessel to load at one of Russia's Baltic Sea ports to western Europe almost tripled on Thursday
 "Key Russian oil shipping rate triples amid Ukraine crisis, says report")
British Airways owner IAG sees return to profit from Q2 over travel rebound
British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming months
 "British Airways owner IAG sees return to profit from Q2 over travel rebound")
Beyond Meat stock slumps 12% after reporting decline in sales in Q4
Beyond Meat Inc., the maker of vegan burgers, sausages and chicken, declined in late trading Thursday after offering a sales outlook for 2022 that fell short of Wall Street's expectations
 "Beyond Meat stock slumps 12% after reporting decline in sales in Q4")
VW keeps Porsche IPO on table amid market volatility to ignite EV push
Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer's Porsche sportscar brand as markets are roiled by Russia's invasion of Ukraine
 "VW keeps Porsche IPO on table amid market volatility to ignite EV push")
