EU chief proposes raising tariffs on Russian grain

EU chief proposes raising tariffs on Russian grain

EU chief Ursula von der Leyen said Thursday Brussels was proposing raising tariffs on Russian and Belarusian grain to protect Europe's farmers and punish Moscow over its war on Ukraine.
IMF board approves release of $880 mn for Ukraine

IMF board approves release of $880 mn for Ukraine

The International Monetary Fund's executive board confirmed Thursday it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package to support the country's war-torn economy.
Top 10 international events in 2022

Top 10 international events in 2022

Russia's military campaign in Ukraine, central banks raising interest rates, the global population reaching 8 billion, and the World Cup in Qatar are among the top stand-out international events in 2022.
Biden, Macron pledge US-French alliance on Ukraine, democracy

Biden, Macron pledge US-French alliance on Ukraine, democracy

US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's Vladimir Putin to make peace.
Shaping the future of human development in times of crisis

Shaping the future of human development in times of crisis

We are living in uncertain times. The COVID-19 pandemic, now in its third year, continues to spin off new variants. Economic and political tremors from conflict in Ukraine reverberate across the world, unsettling international relationships and driving up fuel and food prices.
ABB to quit Russian market over war in Ukraine

ABB to quit Russian market over war in Ukraine

Swiss-Swedish engineering giant ABB said on Thursday it will quit Russia as a result of the war in Ukraine and the related international sanctions against Moscow.
H&M to wind down operations in Russia

H&M to wind down operations in Russia

Swedish fashion retailer H&M said on Monday it had decided to wind down operations in Russia, after pausing all sales there in March following Moscow's invasion of Ukraine.
Russia fines Google $360 mn over Ukraine content

Russia fines Google $360 mn over Ukraine content

A Moscow court has fined Google 21 billion rubles ($360 million) for failing to remove content concerning Russia's military intervention in Ukraine, the nation's telecommunications regulator said Monday.
Will Vietnam become a big geopolitical beneficiary?

Will Vietnam become a big geopolitical beneficiary?

As long as China continues its current pandemic policy and disruptions such as the Ukraine conflict continues, interest in the China+1 strategy is likely to grow. Kevin Coppel, Asia-Pacific managing director, and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore, explain how Vietnam could well emerge as the greatest beneficiary.
HSBC profits slide as Ukraine war worsens inflation

HSBC profits slide as Ukraine war worsens inflation

HSBC profits slid in the first quarter, the Asia-focused bank announced Tuesday after it was hit by bad debts as Russia's invasion of Ukraine sent inflation rocketing further.
Indonesia runs trade deficit with Russia, Ukraine

Indonesia runs trade deficit with Russia, Ukraine

Indonesia's trade balance with Russia and Ukraine was in deficit due to the ongoing war, head of the Statistics Indonesia (BPS) Margo Yuwono has stated.
Energy giant Shell hikes Russian exit hit to $5 bn

Energy giant Shell hikes Russian exit hit to $5 bn

Shell on Thursday warned that its exit from Russia over the Ukraine war would cost the British energy giant up to $5 billion, but it would fulfil pre-conflict contracts to buy fuel from Moscow.
Vietnam effectively working on socio-economic recovery, development: PM

Vietnam effectively working on socio-economic recovery, development: PM

Prime Minister Pham Minh Chinh chaired a national teleconference between the Government and localities on April 5 to look into the socio-economic situation in the first quarter of 2022.
Heineken, Carlsberg join Russia business exodus

Heineken, Carlsberg join Russia business exodus

Beer makers Heineken and Carlsberg announced Monday that they would pull out of Russia, joining a foreign business exodus following Moscow's invasion of Ukraine.
Oil prices, stocks higher after EU snubs Russia ban

Oil prices, stocks higher after EU snubs Russia ban

Crude prices were higher Friday and stock markets made decent gains after European countries decided against a ban on Russian oil imports over its invasion of Ukraine -- but Germany said it would slash its energy purchases from Moscow.
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