News
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US halts Russian oil cutting 'main artery' of Moscow's economy
President Joe Biden said Tuesday the US oil embargo on Russia would cut "the main artery" of Moscow's economy, and vowed Ukraine would "never be a victory" for Russian leader Vladimir Putin
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UN chief warns pandemic not over, decries 'scandalous' vaccine inequality
Noting that nearly three billion people globally are still waiting for their first shot, Guterres called the failure a direct result policy and budgetary decisions that prioritise the health of people in wealthy nations over the health of those in poor countries
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Oil rockets to 14-year-high, gold tops $2,000 on Ukraine fears
Crude almost 18 percent to $139.13 — a level not seen since mid-2008 — after US Secretary of State Antony Blinken said the White House and allies were in talks about banning imports from Russia, before it settled lower
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Sony, Honda to team up for new electric vehicle firm
Sony's news comes on the heels of a January unveiling of a new prototype, its Vision-S electric vehicle, and the announcement that its new subsidiary Sony Mobility will explore jumping into the sector
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G7 looks to block cryptoassets use to dodge sanctions on Russia
Cryptocurrency purchases in rubles have climbed to a record high since the US and Western allies have sought to cripple Russia's banking sector and currency with a barrage of sanctions over last week's invasion on Ukraine
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Sotheby's sees double benefit to NFT, crypto wave
The 300-year-old auction house wants to adopt new technologies like cryptocurrencies, metaverse, NFT to stay relevant
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ExxonMobil, Apple, Boeing cut ties with Moscow
The moves in diverse industries follow earlier announcements by Disney, Ford, Mastercard and others, and highlight the rising economic toll on Russia after its assault on Ukraine unleashed massive sanctions across Western governments
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Oil tops $110 for the first time since 2014
Vladimir Putin's invasion of Ukraine has sent world markets into a spiral over the past week, further fraying nerves on trading floors caused by runaway inflation and tighter central bank monetary policies.
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Shell to dump Gazprom as BP says will sell Rosneft stake
The announcement came after UK Foreign Secretary Liz Truss said more than three million Russian companies, including Gazprom, would be unable to access funding from London-based financial institutions because of new sanctions
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Putin orders nuclear alert as Ukraine fiercely resists Russian invasion
Putin ordered Sunday Russia's nuclear forces onto high alert in response to what he called "unfriendly" steps by the West. Russia has the world's largest arsenal of nuclear weapons and a huge cache of ballistic missiles
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Russia-Ukraine: A new humanitarian crisis in the making
On Thursday, Day 1 of the first major war in Europe in decades, the Russian military began its attack before sunrise with the terrifying thud of artillery strikes on airports and military installations all over Ukraine. It spurred tens of thousands of Ukrainians to flee by car or bus or on foot on Thursday toward the far-western part of the country