The London Stock Exchange (LSE) on Mar. 4, suspended trading on a second round of Russian stocks, because of continuing market deterioration and as some insurers withdrew coverage from exporters due to increasing sanctions over the Russian invasion of Ukraine. The LSE had earlier suspended trading on Mar. 3 for 27 Russian companies, to prevent investors…
London Stock Exchange Suspends More Trade In Russia Stocks, As Insurers Pull Coverage Over Ukraine
March 5, 2022
admin
Business & Economyeconomic policiesEuropeInvestmentLondon Stock ExchangeMarketsRussia ukraine conflictRussia-Ukraine WarRussian sanctionsstocksUKWorld
0 Comment
Best Buy Sales Rebound Forecast Lifts Shares After Tough Holiday Season
Best Buy Co., Inc. said on Thursday it expects annual sales to surpass peak pandemic levels in 2024, propelled by the top U.S. electronics retailer’s investments in membership programs that have pulled in millions of subscribers. Shares of the company, a big beneficiary from pandemic-era remote-working, jumped 12 percent, even as holiday quarter sales tumbled…
US Mortgage Rates Fall as Home Prices Rise to Another Record High
The average rate for a 30-year fixed mortgage rose close to a full percentage point from the start of this year up until the week ending Feb. 25, when it hit 4.18 percent, according to Mortgage News Daily. The 30-year rate fell below 4 percent to 3.90 percent on March 1, but recovered to 4.08…
Fitch, Moody’s Cut Russia’s Sovereign Rating to ‘Junk,’ Rouble Dives to Record Low
March 3, 2022
admin
Business & Economyeconomic policieseconomyEuropeFitchInternationalInvestmentMarketsMoody'sRussia-Ukraine WarRussian debtWorld
0 Comment
Rating agencies Fitch and Moody’s have downgraded Russia’s sovereign rating to junk status as a consequence of tough Western sanctions over the Kremlin-ordered invasion of Ukraine, sending the rouble plunging to a record low. Fitch downgraded Russia to “B” from “BBB” and put the country’s ratings on “rating watch negative.” Moody’s cut Russia’s rating by…
Annuities for Dummies
About a month ago I booked a flight to see one of my best friends. Considering that we’re still dealing with COVID-19, I decided to to purchase travel insurance. And, good thing I did. A couple of days before I was to take off, my friend and his family all tested positive. Thankfully, I was…
EU Bans Russian State Media Outlets, All Russian Flights
February 27, 2022
admin
Business & EconomyCompanieseconomic policiesEUEuropeInternationalInvestmentMarketsRussiaRussia-Ukraine WarWorld
0 Comment
The European Union will shut down the bloc’s airspace to all Russian planes and will ban Russian state media outlets Russia Today and Sputnik, according to the head of the European Commission The EU will be closed down to Russia-controlled, owned, or registered aircraft, including the “private jets of oligarchs,” said European Commission President Ursula von…
West Inches Closer to ‘Financial Nuclear Option’ of Ejecting Russia from SWIFT
February 26, 2022
admin
Business & Economyeconomic policieseconomyEuropeinflationInvestmentMarketsRussiaRussia-Ukraine WarswiftUkraineWorld
0 Comment
Western partners are inching closer to ejecting Russia from the SWIFT global interbank payments system over the Kremlin’s aggression in Ukraine, according to Lithuania’s prime minister. “Our goal is that the decision is taken as early as possible. I cannot give a particular date. From what I’m hearing it seems that there is no strong…
Russia Might Confiscate Assets of US Citizens in Sanctions Escalation Threat
February 26, 2022
admin
Business & Economycongresseconomic policieseconomyEuropeInvestmentNational Securitypersonal financeRussia-Ukraine WarUkraineUSUS NewsWhite HouseWorld
0 Comment
Former Russian President Dmitry Medvedev struck a sharply hawkish tone on Saturday in response to Western sanctions over the invasion of Ukraine, suggesting Moscow might not just freeze, but possibly even confiscate, the assets of Americans, Europeans, and people from other “unfriendly jurisdictions.” Medvedev, who served a term as Russia’s president and is now deputy chairman…
US and Allies Not Cutting Off Russia from SWIFT Payment System, Keep It as Nuclear Option
February 25, 2022
admin
Business & Economyeconomic policieseconomyEuropeExecutive BranchInvestmentMarketsPoliticsRussiaRussia-Ukraine WarswiftUkraineUSWorld
0 Comment
President Joe Biden said Thursday the United States and its international allies have decided not to cut Russia off from the SWIFT international payments system as punishment for invading Ukraine, though the measure has been left on the table as a last resort in case the situation escalates. Biden told a press briefing on Feb….
Discovery Stock Falls Post Q4 Results, Clocks 10 Percent Revenue Growth
Discovery Inc. reported fourth-quarter FY21 revenue growth of 10 percent year-on-year to $3.19 billion, beating the consensus of $3.12 billion. It ended Q4 with 22 million Direct-to-Consumer Subscribers and generated nearly $450 million of Next Generation Revenues. Total U.S. Networks revenues increased 14 percent Y/Y to $2.03 billion. Total International Networks revenues increased 5 percent Y/Y to…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta