BUSINESS

European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month.

Yum Brands Inc, parent company of fried chicken chain KFC, said it was pausing investment in Russia, a key market that helped the brand achieve record development last year.

Rivian Automotive Inc has been sued by a shareholder who claimed the company misled investors in its initial public offering about how it had mispriced its electric vehicles, leading to unpopular price hikes that it swiftly rolled back.

Rivian Automotive Inc has been sued by a shareholder who claimed the startup failed to tell investors it had underpriced its electric vehicles, leading to unpopular price hikes that it swiftly rolled back.

Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia's invasion of Ukraine which is again clogging supply chains in Europe where they derive at least a quarter of sales, Wall Street analysts say.

U.S. President Joe Biden on Tuesday banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S.

Shell set to stop Russian energy purchases

Katharina Andresen and her younger sister Alexandra are each worth an estimated $1.3 billion.

A Spanish law passed last year forcing food delivery companies to contract their couriers as staff has caused a labour shortage as many prefer to remain self-employed and work for rivals that flout the regulation, Uber Eats said on Tuesday.

Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion.

U.S. stock indexes edged lower in volatile trading on Tuesday as investors assessed the impact of a potential ban on Russian oil imports by the West over its invasion of Ukraine.

Oil prices running at their hottest level in 14 years are poised to cut post-COVID pandemic fuel demand as consumers react to surging pump and power prices by pulling back on spending and travel, top energy executives warned on Monday.

Executives at a U.S. energy conference raised alarms about long-term energy security as the United States moved ahead with an outright ban on Russian oil and gas imports, which sent prices surging past $130 a barrel.

Executives at a U.S. energy conference are set to turn their focus on Tuesday to renewables and the long-term shift away from fossil fuels, even as the West seeks immediate replacements for Russian oil and gas supplies after Moscow's invasion of Ukraine.

Adidas said it would "suspend the operations of our stores and our e-commerce site in Russia until further notice" but continue to pay its employees.

Afghanistan marks muted women's day under Taliban eyes

As the Russia-Ukraine crisis propels crude oil to its highest level in 14 years, the historic link between the Canadian dollar and energy prices has weakened, leaving the Bank of Canada with one less tool to fight inflation.

Georgia, a bleak new home for Russian exiles

McDonald's, Coca-Cola join US firms halting Russia operations

Global jet fuel prices have surged to near 14-year highs in line with crude oil's surge on supply shortfall worries, slamming air carriers and travellers with steep cost increases just as air travel was starting to recover from COVID-19 restrictions.

Landowners in Iowa have been slow to cede their property rights to a 2,000-mile (3,219 km) proposed carbon dioxide pipeline that would cut through the U.S.

Apple Inc on Tuesday announced a new version of its low-cost iPhone SE that includes 5G connectivity, a new iPad Air and a faster chip for its desktop Mac computers.

A 5G budget-friendly iPhone and a new iPad top expectations from analysts for Apple Inc's spring product launch event on Tuesday.

London suspends nickel trade after record spike

Fines on companies that send workers from low-pay EU states to richer member states and fail to comply with the latter's red-tape should be proportionate, Europe's top court said on Tuesday.

The London Metal Exchange (LME) halted nickel trading on Tuesday after prices doubled in just hours to a record $100,000 per tonne, fuelled by a race to cover short positions after Western sanctions threatened supply from major producer Russia.

The London Metal Exchange (LME) was forced to halt trading in nickel and said it would cancel trades as prices doubled to more than $100,000 per tonne on Tuesday, a surge sources blamed on short covering by one of the world's top producers.

The London Metal Exchange (LME) in an unprecedented move halted nickel trading and cancelled all trades on Tuesday as a race to cover short positions saw prices double in just hours to record highs above $100,000 per tonne.

The London Metal Exchange (LME) was forced to halt nickel trading and cancel trades after prices doubled on Tuesday to more than $100,000 per tonne in a surge sources blamed on short covering by one of the world's top producers.