Ukraine

Airline Industry Shifts Attention to Russia Risks after Ukraine Airspace Closed

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, a popular refueling hub for long-haul flights when Western airlines were unable to access Russian […]

Wall St Rallies as West Hits Russia with New Sanctions

U.S. stocks ended sharply higher on Thursday, led by a three percent gain in the Nasdaq, in a dramatic market reversal as U.S. President Joe Biden unveiled harsh new sanctions against Russia after Moscow began an all-out invasion of Ukraine. The S&P 500 rose more than one percent, ending a four-day slide amid worries over […]

Limited Impact on Chips yet as Russia Invades Ukraine, Future Uncertain

Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]

European Stocks Flat as Russia-Ukraine Jitters Keep Investors on Edge

European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine. The pan-European STOXX 600 index was flat, with automakers, travel stocks and technology shares the top gaining sub-indexes, […]

China Says it is Concerned about 'Worsening' Situation in Ukraine

China is concerned about the “worsening” situation in Ukraine, Foreign Minister Wang Yi said on Tuesday, repeating his call for all parties to show restraint and resolve differences through dialogue. The legitimate security concerns of any country should be respected, Wang, who is also a Chinese state counselor, told U.S. Secretary of State Antony Blinken […]

Ukraine, Russian Conflict Crashes Cryptocurrency Market

Russia’s probable invasion of its neighboring country, Ukraine, has reached the cryptocurrency market as decentralized assets’ valuation crashed with escalated tensions, resulting in cryptocurrency investors offloading their assets to safeguard their portfolios before any risky price fall. On Friday, U.S. President Joe Biden revealed that Russia’s President Vladimir Putin decided to take control of Ukraine, […]

Debunked Ukraine conspiracy theory is knocked down - again

By FRANK BAJAK AP Cybersecurity Writer A discredited conspiracy theory that blames Ukraine, and not Russia, for interference in the 2016 U.S. presidential election reared its head again during the first day of public impeachment hearings into President Donald Trump’s alleged attempt to pressure Ukraine into investigating a political opponent. First, California Rep. Devin Nunes, […]