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Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022.

Investors Warn Of Unintended Consequences As Companies Cut Russian Ties

A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow's invasion of Ukraine, but urged executives to take care to avoid causing unintended harm to employees, political dissidents or consumers.
A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021.

Wall Street Eyes Higher Open As Banks, Megacaps Rise

U.S. stock indexes were set for a higher open on Thursday, with all eyes on megacap growth stocks that led a rally in the previous session after Federal Reserve Chair Jerome Powell pointed to a cautious tightening amid the Ukraine crisis.
A man walks past the logo of investment management company Schroders at a branch in Zurich, Swtzerland November 5, 2018.

Russia Now 'Utterly Uninvestable' - Schroders CEO Says

Russian stocks and bonds are now "in the realms of utterly uninvestable," the chief executive of Schroders Peter Harrison told Reuters on Thursday, as Western sanctions squeeze Russia's economy after its invasion of Ukraine.

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