Tag: Russia

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Deutsche bank to wind down Russia

Deutsche Bank which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said that it would wind down its...

Gulf markets mixed amid US ban on Russian oil

Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....

Volkswagen stops orders for some plug-in hybrids

Volkswagen will stop taking orders for several plug-in hybrid models. This is because of Russia's invasion of Ukraine destabilises its supply chain just as chip...

Major buyers of Russian oil struggles

The global oil market was thrown into chaos after the invasion of Russia into Ukraine. This is with top buyers of Russian oil struggling...

Britain sanctions Russian oligarch Timchenko & five banks

Britain imposed sanctions on Gennady Timchenko and two other billionaires with close links to Vladimir Putin. This is after the Russian president deployed military...

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