Cryptoverse: The young HODLers keeping bitcoin on an even keel
Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3?
Explainer: Russia could work around SWIFT ban but with high costs
Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to the Ukraine conflict is likely to push Moscow to seek alternatives.
eCom Learning Solutions joins the DeepWind cluster
The digital learning and assessment specialist, eCom Learning Solutions, has become a member of an organisation intended to increase supply chain competitiveness and productivity to the renewable energy sector in Scotland. Known as DeepWind, the organisation aims to maximise its members’ involvement in new initiatives, encouraging innovation in the supply chain to create new products and services for the rapidly expanding offshore wind market in Scotland.
Russia will be excluded from all JPMorgan fixed income indexes
Russia will be excluded from all of JPMorgan’s fixed income indexes on March 31, the bank said in a statement on Monday, joining rival index providers that had excluded Russian securities from their indexes after Moscow’s invasion of Ukraine.
LME suspends nickel trading after prices soar past $100,000
The London Metal Exchange (LME) halted nickel trading on Tuesday after prices doubled in just hours to a record $100,000 per tonne, fuelled by a race to cover short positions after Western sanctions threatened supply from major producer Russia.
Exclusive: EU to sanction more Russian oligarchs, Belarus banks
The European Commission has prepared a new package of sanctions against Russia and Belarus over the invasion of Ukraine that will hit additional Russian oligarchs and politicians and three Belarusian banks, three sources told Reuters on Tuesday.
Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now
Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.
UBS has limited Russia exposure, but sees risks of unexpected increases
UBS’s (UBSG.S) direct exposure to Russia made up $634 million of the Swiss bank’s total emerging market exposure of $20.9 billion at the end of 2021, the bank said in its annual report.
Australia’s Macquarie to buy British motorway operator Roadchef
Australia’s Macquarie Group (MQG.AX) on Friday agreed to buy one of Britain’s top motorway service area (MSA) operator Roadchef from Antin Infrastructure Partners (ANTIN.PA), the latest in a series of deals by the financial conglomerate.
U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday.
