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01 Mar

SWIFT waits to disconnect Russian banks as securities platforms cut Moscow ties

LONDON (Reuters) -SWIFT said on Tuesday it was waiting to see which banks authorities want disconnected from its global financial messaging system as sanctions in response to Russia's invasion of Ukraine are rolled out.

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01 Mar

Canadian factory activity climbs to 3-month high as Omicron curbs ease

Canadian manufacturing activity expanded in February at the fastest pace in three months as an easing of domestic restrictions to contain the coronavirus pandemic supported a pick-up in production, data showed on Tuesday.

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01 Mar

Stocks slide on Ukraine woes, oil storms back above $100

European stocks sagged and oil jumped back above $100 a barrel on Tuesday as markets struggled with massive uncertainty caused by Russia's invasion of Ukraine, although the rouble steadied as Moscow scrambled support for its beleaguered markets.

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01 Mar

Shipping giants steer clear of Russia as Western net tightens

(Reuters) -The world's biggest shipping lines MSC and Maersk on Tuesday suspended container shipping to and from Russia, deepening the country’s isolation as its invasion of Ukraine sparks an exodus of Western companies.

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01 Mar

Toyota supplier cyberattack shows big vulnerability that small firms bring

The cyberattack on a Toyota Motor Corp supplier that brought the automaker's domestic production to a halt shows how more vulnerable small firms can pose a big threat that Japan needs to do more to address, cybersecurity specialists said.

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01 Mar

Exclusive-Nord Stream 2 owner considers insolvency after pipeline halt, sanctions -sources

The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, two sources familiar with the situation said, as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it.

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01 Mar

SWIFT says it is waiting for names of Russian banks to disconnect

LONDON (Reuters) -SWIFT said on Tuesday it was waiting to see which banks authorities want disconnected from its global financial messaging system as sanctions in response to Russia's invasion of Ukraine are rolled out.

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