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1 min read
BlackRock stops issuing new shares of a Russia ETF as the $10 trillion asset manager warns the fund may miss its target
The fund, which aims to track the MSCI Russia, slumped 22% Tuesday alone amid turmoil in Vladimir P…
Natasha Dailey
2 mins read
The US initially held back on sanctioning Putin's rumored girlfriend as it would be seen as too personal an escalation, report says
Officials feared sanctioning Alina Kabaeva would exacerbate US-Russia tensions, the WSJ reported. A…
Mia Jankowicz
4 mins read
Here are the sanctions the US has levied against Russia thus far following Putin's announcement that it would move troops to eastern Ukraine
President Joe Biden announced a "first tranche" of sanctions on Tuesday after declaring that Russia…
Erin Snodgrass
2 mins read
US sanctions family of Putin spokesperson Dmitriy Peskov including his Instagram influencer daughter
Elizaveta Peskova had posted "no to war" on a since-deleted Instagram Live story. Now she is facing…
Charles R. Davis
2 mins read
Proposed US sanctions will sever financial institutions' ties with Russian banks should Ukraine be invaded: report
Meanwhile, Biden and Putin agreed on Sunday to hold a summit over the Ukraine-Russia crisis, under …
Matthew Loh
2 mins read
The White House published its full list of sanctions against Russia — take a look
"Putin chose this war. And now he and his country will bear the consequences," Biden said while ann…
Sarah Jackson
2 mins read
Burger King's attempts to shutter its Russia operations are thwarted after its joint venture partner 'refused' to close 800 restaurants
Alexander Kolobov, who manages Burger King's daily operations in Russia, told the BBC that he didn'…
Grace Dean
2 mins read
Russian stocks jump as much as 12% in Moscow after a monthlong trading halt, backed up by $10 billion of government cash
The US slammed the reopening of the Moscow stock exchange as a "charade", with foreign investors ba…
Harry Robertson
2 mins read
Sanctions on Russia will cause 'significant' long-term damage to its economy, the G7 says
"The significant long-term hit to the Russian economy will become even clearer over time," the G7 s…
Grace Dean
2 mins read
US futures fall after stock sell-off, as traders eye Fed minutes and new Russia sanctions
Stocks looked set to slip again after a steep sell-off Tuesday, with the Fed weighing on investors'…
Harry Robertson
2 mins read
The UK has banned all flights by Russia flag carrier Aeroflot from its airspace
UK Prime Minister Boris Johnson has banned Aeroflot as part of a set of sanctions against Russia.
Taylor Rains
2 mins read
The Russian ruble is now worth less than 1 cent as Russia bombs Ukrainian cities and sanctions pile up
The ruble continued its free-fall Wednesday after Russia escalated its bombing of Ukrainian cities …
Shalini Nagarajan
3 mins read
10 things before the opening bell
Russia's central bank governor denied the country is at risk for default, but Goldman Sachs said ot…
Phil Rosen
3 mins read
The West is doing its best to cripple Russia's economy with sanctions, but the Kremlin is still making good on its debt
Russia averted a default again on Thursday when it made $447 million in payments for dollar-denomin…
Huileng Tan
3 mins read
Russia's economy had just recovered when Putin's attack on Ukraine shattered his country's middle class
Russia's economy had been booming as it recovered from the pandemic. But now middle-class Russians …
Juliana Kaplan,Jason Lalljee
3 mins read
Deutsche Bank reportedly scrambled to jettison a $600 million loan it made to a Russian state-owned bank in 2016, amid questions over election meddling
The bank concluded that Trump's campaign rhetoric made him a risky borrower, and public knowledge o…
Jeremy Berke
3 mins read
Playing pro sports in Russia for foreign-born athletes comes with adjustments and even some pleasant surprises
While travel is different and on-time payments aren't guaranteed, some athletes who play in Russia …
Scott Davis,Jake Lahut
4 mins read
Biden is making sure Americans don't do business with Russia to punish Putin for threatening Ukraine
The president rolled out new sanctions against Russian banks and elites on Tuesday, essentially bar…
Ben Winck
4 mins read
UK sanctions 5 Russian banks, 3 individuals in 'first tranche' of measures over escalation in Ukraine
Boris Johnson announced a "first tranche" of sanctions against Russian banks and individuals &ndash…
Catherine Neilan
3 mins read
Russian-born businessman Felix Sater has confirmed a bombshell detail in the Russia investigation
Sater and Trump's longtime personal lawyer, Michael Cohen, were pushing for the deal with VTB in Mo…