Tag Archives: Russia

Hewlett Packard Enterprise CEO Antonio Neri wasted no time severing his business from Russia in light of the country’s invasion of Ukraine. The computing giant halted shipments to Russia 72 hours ago, Neri said on Yahoo Finance Live. “Obviously it is incredibly concerning this humanitarian situation and this what I call completely unacceptable set of events. We have to really think through this and put the humanity at the core and the business second,” Neri explained. To be sure, Neri — fresh… Source link

Sanctions on Russia will likely have a significant impact on the global economy, a recent ING (ING) report found. “By now, we all know that Europe gets nearly 40% of its natural gas and 25% of its oil from Russia (this differs across countries), and is likely to be walloped with spikes in heating and gas bills, which are already soaring,” ING Global Head of Macro Carsten Brzeski wrote in a report released earlier this week. “Given that Ukraine and Russia have also been labelled as the global… Source link

Ohio State University will pull the plug on robots that deliver meals for GrubHub on campus after the meal service ended its partnership with Russia-based Yandex SDG. “Ohio State affirms and supports GrubHub’s decision to end their partnership with Yandex. We are in the process of ceasing the rover delivery option after completing any deliveries that are currently out on campus,” the university said in a statement. Grubhub had contracted with Yandex to provide about cooler-sized robots… Source link

Ohio State University will pull the plug on robots that deliver meals for GrubHub on campus after the meal service ended its partnership with Russia-based Yandex SDG. “Ohio State affirms and supports GrubHub’s decision to end their partnership with Yandex. We are in the process of ceasing the rover delivery option after completing any deliveries that are currently out on campus,” the university said in a statement. Grubhub had contracted with Yandex to provide about cooler-sized robots… Source link

Bill Browder has pondered how best to put the squeeze on Vladimir Putin and Russia for nearly 20 years now. The financier and head of the Global Magnitsky Justice Campaign has been targeted by Putin for over a decade now and, in a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, offered up his grade of where things stand on sanctions so far. Those sanctions got a failing grade from Browder early on. Before the invasion, he gave the West just a two out of 10 and said the actions… Source link

FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/ Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google and Facebook owner Meta Platforms Inc (FB.O) are among internet companies facing possible punitive measures in Russia after failing to open local offices and take other measures required by a communications law. Russian legislation signed by President Vladimir Putin has… Source link

U.S. stock futures were muted in extended trading Monday after another volatile day on Wall Street as investors weighed intensifying Russian attacks on Ukraine and an onslaught of new sanctions by the West against the likelihood geopolitical uncertainty could knock the Federal Reserve off course for an aggressive first bump in interest rates. Contracts on Wall Street’s main benchmarks were flat heading into the overnight session after February’s final trading day marked the Dow and S&P 500’s… Source link

Facebook parent Meta (FB) is warning Ukrainian users that a Russia-linked hacking group is trying to take over user high-profile accounts to spread disinformation about Russia’s invasion. According to Nathaniel Gleicher, head of security policy at Meta, a Belarus-based group, known as Ghostwriter, is trying to compromise high-profile Ukrainians’ user accounts to sow discord among the local population amid Russia’s physical attack. “They were targeting and taking over, or attempting to… Source link

Google, Meta, FIFA, and other private companies rush to cut ties with Russia | Fortune … Source link

Matti/Pexels Sanctions On Russia Go To Eleven  In our previous post (Russia’s Invasion of Ukraine: Risks and Opportunities), we wrote that one reason U.S. markets bounced after Russia’s invasion of Ukraine was that Russia’s invasion didn’t lead to war with NATO, and the West hasn’t so far resorted to nuclear-level sanctions against Russia, such as removing it from SWIFT or boycotting its energy exports. But we cautioned that a couple of big outstanding risks remained. First,… Source link