Eric and Teri Matzdorf, owners of Silver Gallery, prepare their booth for the 2022 Rodeo on Feb. 25, 2022. Cindy Henley remembers the exact moment when the 2020 Houston Livestock Show and Rodeo was officially canceled. She was helping some kids at her store, Cadillac Style, pick out new jackets with the official Houston Rodeo […]
MOSCOW — For two decades under President Vladimir V. Putin, Russians reaped the bounties of capitalism and globalization: cheap flights, affordable mortgages, a plethora of imported gadgets and cars. On Monday, those perks of modern life were abruptly disappearing, replaced by a crush of anxiety as sanctions imposed by the West in retaliation for Moscow’s […]
The Treasury Department on Monday moved to further cut off Russia from the global economy, announcing that it would immobilize Russian Central Bank assets that are held in the United States and impose sanctions on the Russian Direct Investment Fund, a sovereign wealth fund that is run by a close ally of President Vladimir V. […]
Feb 28 (Reuters) – Global auto and truck makers, including Sweden’s Volvo Cars (VOLCARb.ST) and Germany’s Daimler Truck (DTGGe.DE), on Monday suspended some business in Russia following that country’s invasion of Ukraine. Russian forces invaded Ukraine last week, marking the biggest attack by one state against another in Europe since World War Two. Many firms […]
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The Russian rouble has crashed more than 40% to a new record low against the dollar, oil prices have jumped as much as $7 a barrel and gold prices have gained 1%, as financial markets opened […]
Trading on the Belarusian Currency and Stock Exchange started an hour late. A sharp increase in Western currencies marked it. Belarusian rubles and U.S. dollars. Minsk, Belarus. April 27, 2021. Photo: A.B. / Belsat. At the start of trading on the Belarusian Currency and Stock Exchange, the U.S. dollar exceeded 3 BYN. The currency has […]
US Ambassador to the United Nations Linda Thomas-Greenfield said Sunday that sanctions on Russia’s energy sector are not yet off the table as the US continues to punish the county for its invasion of Ukraine. “We have not taken anything off the table. We’re continuing to look at this,” she told CNN’s Dana Bash on […]
The abrupt divorce is another sign of the uncertainty Russia’s invasion has created in the energy industry, which experienced wild swings in oil and gas prices last week as the attack began. BP’s 19.75 percent stake in Rosneft accounted for a third of the British company’s oil and gas production and more than half of […]
“It’s a really very, very good constructive pricing environment that we’ve seen right now, probably the best in recent memory,” Richard J. Kramer, the chief executive at Goodyear, said on a Feb. 11 earnings call. The company does look to its competitors as it makes its price increases — but they, too, are charging more. […]
RICHMOND, Va. (WWBT) – The Better Business Bureau (BBB) is bringing attention to a phone scam targeting the parents of high schoolers preparing for the SAT. These scammers are eager to take advantage of those who are willing to pay the price for SAT tutors and test prep materials. Those affected say they have gotten […]
