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Soccer-Man Utd Withdraws Russian Airline Aeroflot’s Sponsorship Rights
Date: February 25, 2022
(Reuters) -Manchester United have withdrawn Russian airline Aeroflot’s sponsorship rights after Russia invaded Ukraine, the Premier League club said on Friday. Russia’s Aeroflot was banned from flying to the United Kingdom on Thursday after President Vladimir Putin ordered an invasion of Ukraine. UK Civil Aviation Authority said it had suspended Aeroflot’s foreign carrier permit. “In...
Oil Tops $105/bbl After Russia Attacks Ukraine
Date: February 24, 2022
By Stephanie Kelly NEW YORK (Reuters) – Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia launched an all-out invasion of Ukraine by land, air and sea in the biggest attack by...
Major Buyers of Russian Oil Struggle With Bank Guarantees -Sources
Date: February 24, 2022
By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take crude from one of the world’s largest producers. At least three major buyers of...
Oil Tops $100, Gas, Grains, Metals Spike as Russia Invades Ukraine
Date: February 24, 2022
By Nina Chestney, Nigel Hunt and Pratima Desai LONDON (Reuters) -Commodity prices jumped to multi-year highs on Thursday after Russia invaded Ukraine, raising the prospect of tighter supplies due to the possibility of sanctions on Russian exports, transport disruptions and Moscow withholding supplies. Russia launched an all-out invasion of Ukraine by land, air and sea...
Ukraine Shuts Ports as Conflict Threatens Grain Supplies
Date: February 24, 2022
By Polina Devitt, Gleb Stolyarov and Natalia Zinets MOSCOW/KYIV (Reuters) – Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from the leading grain and oilseeds exporters. Russia earlier suspended the movement of commercial...
Explainer-How Western Sanctions Will Target Russia
Date: February 24, 2022
By Karin Strohecker (Reuters) – The United States and its allies have vowed to hit Russia with harsh sanctions after Russian forces invaded Ukraine on Thursday in a massed assault by land, sea and air – the biggest by one state against another in Europe since World War Two. Western capitals introduced an initial round...