BUSINESS

Visa, Mastercard, Amex block Russian banks after sanctions

U.S. crude hit its highest level since June 2014.

The World Bank is pushing for "fast-track" approval of an additional $350 million loan for Ukraine within days, to provide emergency cash for its efforts to defend against Russia's invasion, people familiar with the plans said.

Could Russia get round sanctions with cryptocurrency?

Hollywood joins Russia blockade over Ukraine invasion

Cartier alleges Tiffany hired former Cartier employees who then used trade secrets to develop high jewelry for Tiffany.

Dior unveils 'protective' clothing for a time of crisis

Russian classical music stars under pressure over Ukraine war

U.S. banks' exposures to Russia may not be fully understood by investors due to a lack of transparency in disclosures made so far, and banks that get significant revenue from global operations could take a hit in the long run, analysts said.

Using bitcoin and other cryptocurrencies to fill the void created by the absence of SWIFT won't be easy.

Former Goldman Sachs banker Tim Leissner, the prosecution's star witness in a criminal trial tied to Malaysia's 1MDB sovereign wealth fund, admitted under cross-examination on Tuesday that he had "lied a lot" in his life.

Two former Goldman Sachs bankers sought advice from a feng shui master in 2016 on how to handle a U.S.

Uber will be debuting an “Explore” feature, allowing customers to buy tickets to music venues and make restaurant reservations. 

The potential for disruptions to Russian commodity supplies has thrown a spotlight on the metal used in the aerospace, marine and auto industries.

The potential for disruptions to Russian commodity supplies has thrown a spotlight on the metal used in the aerospace, marine and auto industries.

Billionaire Warren Buffett has some advice for students before they go looking for jobs: chase fulfillment over pure profit.

Chevron Corp Chief Executive Officer Michael Wirth on Tuesday expressed concern over the "tragic situation" unfolding in Ukraine, forcing oil companies to make "very difficult decisions" on continued operations in Russia.

Chip firms play down Ukraine war supply fears

U.S. banks saw their profits jump nearly 90% in 2021 as firms shrank how much money they were setting aside to protect against credit losses, the Federal Deposit Insurance Corporation said on Tuesday.

The increase in OPEC's oil output in February exceeded the rise planned under a deal with allies for the first time since September, a Reuters survey found, as higher Saudi Arabian and Iraqi supply combined with fewer outages in smaller producers.

Russian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched elsewhere for needed crude after a raft of sanctions imposed on Moscow over the war in Ukraine.

Russian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched elsewhere for needed crude after a raft of sanctions imposed on Moscow over the war in Ukraine.

Sri Lanka imposes longest power cuts in 26 years

Startup Our Next Energy said a new $65 million funding round will enable it to accelerate development of a long-range battery and begin evaluating potential sites next quarter for its first U.S.

U.S. manufacturing activity picked up more than expected in February as COVID-19 infections subsided, though hiring at factories slowed, contributing to keeping supply chains snarled and prices for inputs high.

A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit that claims they misled investors about the health insurance company when it went public via one of Palihapitiya's many special purpose acquisition companies.

Exxon Mobil will exit Russia operations, including oil production fields, it said on Tuesday, becoming the latest major Western energy company to quit the oil-rich country following Moscow's invasion of Ukraine.

Exxon Mobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.

Exxon Mobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.