Russia Financial News
04.03 / 03:47
CEO
Schroders CEO says there is ‘no market’ in Russia as he warns of UK slowdown
The chief executive of Schroders said there is “no market” for Russian stocks anymore, as he warned that knock-on effects from the war in Ukraine could trigger a slowdown in the UK.
04.03 / 03:23
UPS
Citi
Fighting
Private equity associate swaps suit for bullet-proof vest to help Ukraine fight
Heading out on night patrols and transporting ammunition are not the day-to-day tasks that most private equity associates have to endure, but as Russia ramps up its attacks on cities across Ukraine, it has become the dark new reality for Petro Kocherhan.
04.03 / 01:41
Citigroup
SocGen and Citigroup are among the most exposed to Russia
Societe Generale is managing its Russia operations with "utmost caution and selectivity" and Citigroup said it risks losing around half of its $10bn business in the country.
04.03 / 00:35
Blockchain
Adoption
banking
Sygnum Bank set to release soccer-themed sculptures as AST’s
Digital asset institution Sygnum Bank has announced a collaborative partnership with highly-accredited Swiss-born artistic sculptor, David Pflugi to issue 6,000 Art Security Tokens, or ASTs, via his new project, Victory Works.
03.03 / 23:53
Citi
Linklaters stops short of condemning invasion of Ukraine as pressure grows on law firms over Russia links
Magic Circle law firm Linklaters, has noted Russia's invasion of Ukraine as "deeply distressing" but stopped short of condemning the superpower's move on its neighbour as political pressure grows on City law firms over their Russia connections.
03.03 / 23:03
BLOCK
Binance
CEO
Kraken
BNB rallies against investors’ sentiments while Binance debates ‘ethical PoV’
All cameras were trained on Binance as Ukraine requested crypto exchanges to issue a blanket ban on Russian users. As more and more politicians, crypto players, and war survivors voiced their own views on the issue, the pressure is mounting on exchanges to please everyone – while staying true to the values of cryptocurrency.
03.03 / 22:05
COST
UPS
Corning
How the Ukraine-Russia conflict may push up prices for Americans
The economic effects of Russia's invasion of Ukraine a week ago have reverberated around the globe — leaving many households to wonder how the conflict might hit their wallet.
03.03 / 21:45
European Union
week
Moldova asks to join the European Union - a week after Russia invades Ukraine
Moldova has formally asked to join the European Union, a week after Russia invaded Ukraine.
03.03 / 21:29
Ethereum
Donations
Ukraine DAO raises over $6M via NFT sale to aid Ukrainian citizens
UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s Nadya Tolokonnikova, Trippy Labs and PleasrDAO members, crowdfunded 2188 ETH, or $6.1 million, for a 1/1 Ukrainian flag NFT. Proceeds will go to nonprofit organizations in Ukraine that are helping those affected by the Russian invasion.
03.03 / 21:27
03.03 / 21:17
Accenture
Accenture to shut 2,300-strong Russia business over Ukraine invasion
Professional services firm Accenture is closing its Russia business in the wake of Vladimir Putin’s invasion of Ukraine.
03.03 / 20:47
BlackRock
index
BlackRock halts purchase of Russian equities across active and index funds
BlackRock, the world's largest asset manager, said it stopped trading Russian securities across its funds earlier this week.
03.03 / 20:21
Ethereum
Action
Bitcoin
Shiba Inu can rally, yes, but the ‘Dogecoin-killer’ needs to ‘shed’ this
Shiba Inu’s price is struggling to climb like other altcoins as it is being weighed down. According to on-chain metrics, the threat of a potential sell-off is strong, and this weight needs to be shed before SHIB, the “Dogecoin killer,” can move higher.
03.03 / 20:21
Has Uniswap’s help to Ukraine solved this major problem
Perhaps like nothing else before it, Russia’s invasion of Ukraine has proved why interoperability in crypto is the need of the hour. As supporters send coins to Ukraine’s administration and pro-military NGOs, government officials found themselves on the receiving end of diverse crypto-assets – including NFTs.
03.03 / 19:47
Refugees
EU countries agree to trigger a never-used law to host Ukrainian refugees
Faced with the greatest human exodus since the end of World War II, the European Union has agreed to trigger a never-before-used directive to grant temporary protection for Ukrainians fleeing the military aggression waged by Russian forces.
03.03 / 19:25
Kuna
Bitcoin
Ukraine’s war effort draws in bitcoin and a crypto exchange
The founder of Ukraine’s largest cryptocurrency exchange, Kuna, has been sleeping only a few hours a day since Russia invaded his country.
03.03 / 19:25
UPS
Target
Action
rate hikes
interest rate hikes
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes
War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday.
03.03 / 19:25
markets
Bitcoin
Bitcoin Price
Support
Bitcoin heads for $42K support as stocks pullback nudges BTC price lower
Bitcoin (BTC) broke through $43,000 after the March 3 Wall Street open with U.S. equities trending down.
03.03 / 19:07
COST
Citi
Provident
Citigroup
Citi to give emergency pay and aid to Ukraine staff as many flee to Poland
Citigroup has helped many of its 200 Ukraine-based employees with their evacuation to Poland in the wake of Russia's invasion and continued attacks on the country, Financial News can reveal.
03.03 / 18:55
privacy
Media
Ukraine war
Bitcoin
Umbrel Bitcoin Node Runners Now Help to Bypass Internet Censorship
Users running Umbrel Bitcoin (BTC) and Lightning nodes can now also help others to bypass internet censorship by installing the Snowflake proxy app on their nodes. It might help censored journalists and other people to access the free and open internet safely.
03.03 / 17:11
cryptocurrency
Central Bank
Bitcoin
Lawyer
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation.
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