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Russia promises to scale back Ukraine war but West sceptical
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Facebook owner Meta puts plans to build Dutch data centre on ice
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Ships stranded in Ukraine as conflict slows UN rescue efforts
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Bank of Spain asks banks to monitor soft loans amid Ukraine crisis uncertainty
Soccer-Ukrainian club chief calls for removal of Russia from FIFA
Date: March 29, 2022
By Simon Evans DOHA (Reuters) – The head of one of Ukraine’s top soccer clubs has called for Russia’s football federation to be removed from FIFA and UEFA membership. Serhiy Palkin, CEO of Shakhtar Donetsk, winners of four of the last five Ukrainian championships, told Reuters that Russia should be removed from sports organisations in...
Oil drops $6 on positive signals from Russia-Ukraine peace talks
Date: March 29, 2022
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $6.51, or 5.8%, to $105.97 a...
Russia promises to scale down operations in northern Ukraine
Date: March 29, 2022
By Jonathan Spicer and Gleb Garanich ISTANBUL/KYIV OUTSKIRTS/MARIUPOL, Ukraine (Reuters) – Russia promised at peace talks on Tuesday to scale down its military operations around Kyiv and northern Ukraine, while Ukraine proposed adopting a neutral status but with international guarantees that it would be protected from attack. The talks in a palace in Istanbul came...
Credit Suisse faces $500 million plus bill after ex-Georgian PM wins court case
Date: March 29, 2022
By Brenna Hughes Neghaiwi ZURICH (Reuters) -A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in excess of $500 million” from Credit Suisse’s local life insurance arm in a costly setback for the bank. The court said that Ivanishvili and his family were due the...
Russian rouble soars to 83 vs dollar before easing, stocks mixed
Date: March 29, 2022
(Reuters) -The Russian rouble soared over 7% to 83 to the dollar in Moscow on Tuesday before paring some gains, hitting a more than one-month high near levels last seen before Russia sent troops into Ukraine, while stocks ended another volatile session in mixed fashion. The Russian market is gradually reopening after a suspension caused...
Euro jumps after Ukraine offers neutral status, yen rebounds
Date: March 29, 2022
By Stefano Rebaudo (Reuters) -The euro jumped on Tuesday after some progress was reported in peace talks between Russia and Ukraine. Russia promised at the talks in Istanbul to drastically scale down its military operations around Kyiv and the northern Ukrainian city of Chernihiv, while Ukraine proposed neutral status with international guarantees. The U.S. dollar...