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Top StoriesU.s., Allies Slam Russia at U.N. Over Its Seizure of Ukraine Nuclear Plant
Top StoriesRussia Seizes Ukraine Nuclear Power Plant as Forces Lay Siege to Cities
Top Stories“We Are Not Part of This:” NATO Rejects Ukraine No-Fly Zone
Top StoriesUkraine Conflict Drives European Stocks to 1-year Lows, Automakers Plunge
FTSE 100 Eyes Worst Week in 13 Months as Ukraine Crisis Deepens
Date: March 4, 2022
By Amal S (Reuters) – UK’s FTSE 100 slumped on Friday and was on course for its largest weekly decline in over a year as signs that Russia’s invasion of Ukraine was intensifying rattled investors. The blue-chip FTSE 100 index fell 2.8% in a global selloff sparked by news of a fire near Ukraine’s Zaporizhzhia...
Exclusive-China Asks State Insurers to Review Exposure to Russia, Ukraine-Sources
Date: March 4, 2022
By Xie Yu and Selena Li HONG KONG (Reuters) – China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to the two economies amid intense fighting, according to two sources and documents seen by Reuters. The move was also triggered by...
Russian ETF Jumps as Some Sense Bargains in ‘uninvestable’ Market
Date: March 3, 2022
By Danilo Masoni MILAN (Reuters) – A Russia-exposed ETF rose by more than 100% in London on Thursday in a sign that some investors see current distressed levels as a potentially cheap entry point for Russian assets, even as the Ukraine crisis intensifies. Exchange traded funds (ETFs) remain one of the few ways left to...
Stocks Make Small Gains but Ukraine Crisis Keeps Investors Cautious
Date: March 2, 2022
By Elizabeth Howcroft LONDON (Reuters) – Stocks markets saw some small gains on Wednesday but oil spiked further and the rouble fell, as Russia showed no signs of stopping its assault on Ukraine. A week after Russian President Vladimir Putin ordered a full-scale invasion of its neighbour, the bombardments of Ukrainian cities continued while Western...
European Bank Shares Halt Slide; Russia’s Sberbank Exits Europe
Date: March 2, 2022
By Tom Sims and Carolyn Cohn FRANKFURT/LONDON (Reuters) – European bank shares halted their slide on Wednesday after dropping to their lowest level in nearly 11-months on fallout from the Ukraine crisis, which has forced the European arm of Russia’s Sberbank to close. Russia has shown no intention of stopping its Ukraine attack, which has...
Investors Seek Bargains as Ukraine Keeps Markets on Edge
Date: March 1, 2022
By Sujata Rao and Lewis Krauskopf LONDON/NEW YORK (Reuters) -Money managers are scanning roiled global markets for bargains after unprecedented Western sanctions propelled Russia into a full-blown crisis, sent oil prices soaring and put monetary policy bets in flux. The wild gyrations that have been a hallmark of markets in recent weeks continued on Monday,...