BUSINESS

The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, two people familiar with the matter told Reuters, after Russia's invasion of Ukraine.

Warren Buffett's Berkshire Hathaway Inc revealed a more than $5 billion stake in Occidental Petroleum Corp, as oil prices soared to their highest level in about a decade.

Warren Buffett's Berkshire Hathaway Inc revealed a more than $5 billion stake in Occidental Petroleum Corp, as oil prices soared to their highest level in about a decade.

No safe corridor, just a plank for those fleeing to Kyiv

The U.S. Supreme Court on Monday declined to hear Alphabet Inc's attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing a security glitch that left private user data exposed.

Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to the Ukraine conflict is likely to push Moscow to seek alternatives.

Electric vehicle (EV) battery startup Britishvolt is to develop high-performance batteries with Aston Martin as the British luxury carmaker gears up to launch its first fully electric vehicle in 2025, the two companies said on Monday.

Vanguard Group has suspended purchases of Russian securities from its actively managed funds, the top mutual fund manager said on Monday.

Travel in Asia-Pacific is trailing the rest of the world and should expect a bumpy recovery, a Booking.com executive said on Monday, as countries in the region have been slower to open borders than other destinations.

The contamination was found in routine sampling of some of the products.

Customers have criticized Coca-Cola, McDonald's, and PepsiCo for not pulling out of Russia amid the attacks on Ukraine.

The quest to seize Western assets of Russian oligarchs

Russian tourists evacuated from Cuba on charter flights

European bank stocks tumbled again on Monday as more financial firms cut ties with Russia and others braced for further impact from the country's invasion of Ukraine.

Russia faces further economic sanctions, as European officials prepared to meet on Tuesday to debate new restrictions, and more investors withdrew from the country.

Apple Inc will likely announce a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product launch event on Tuesday, analysts say.

Boeing Co said on Monday it had suspended buying titanium from Russia, while its European rival Airbus continues to use supplies from the nation that hosts the world's largest supplier of the commodity, VSMPO-AVISMA.

Deloitte and EY will sever links with Russia, they said on Monday, mirroring moves by fellow Big Four accounting and consultancy firms KPMG and PwC.

EY said on Monday it will sever its links with operations in Russia, mirroring moves by KPMG and PwC, two other of the world's "Big Four" accounting and consulting firms.

European asset managers Carmignac and Fidelity International will no longer buy Russian securities, they said on Monday, joining a string of fund managers who have made similar announcements since Russia invaded Ukraine.

Shares in Telecom Italia (TIM) hit record lows on Monday as the head of Italy's biggest phone group met investors to try to persuade them of the merits of his plans to revive the former phone monopoly.

Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the conflict in Ukraine.

European stocks ended off session lows on Monday, helped by a 4.3% rally in energy stocks as oil prices rose above $130 a barrel, but inflation fears amid the Russia-Ukraine conflict saw German and Italian shares confirm a bear market.

Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and had closed one of its two factories in Ukraine, following Russia's invasion of the country.

Uniqlo defends decision to stay open in Russia

Gold climbed to its highest in one-and-half years on Monday and palladium hit an all-time high on safe-haven asset appeal, while nickel soared over 20% on fears of supply disruptions tied to sanctions on Russia and continued fighting in Ukraine.

The European Central Bank's plans to dial back stimulus have been upended by Russia's invasion of Ukraine.

Western allies' sanctions against Russia have started to blow back in the form of large potential losses for their own banks, companies and investors, often in unexpected ways.

Western allies' sanctions against Russia have started to blow back in the form of large potential losses for their own banks, companies and investors, often in unexpected ways.