Car companies including Renault, Volkswagen, Stellantis and Mercedes are closely watching their Russia plant operations as the Ukraine situation crumbles. As Russian troops pour into Ukraine, world leaders are retaliating by imposing targeted sanctions on Read more…
Macellum Partners has nominated 10 people to the Kohl’s board, including the investment firm’s CEO, Jonathan Duskin. Institutional investors are renewing their push for major changes at Kohl’s (KSS) – Get Kohl’s Corporation Report as the Read more…
Atlanta Fed bank President Raphael Bostic said, “events today in the Ukraine are on all of our minds. We’ll be watching this closely here in Atlanta and across the Federal Reserve system to assess the Read more…
The Euro fell sharply on Thursday, losing 1.5% and hitting the lowest in more than three weeks against the dollar, as global uncertainty over Russian invasion on Ukraine dampened risk sentiment and prompted investors into Read more…
ECB Executive Board member Isabel Schnabel said in a speech, “how today’s attack on Ukraine changes the euro area outlook is highly uncertain at this stage. We are monitoring the situation closely and will carefully Read more…
Russia’s status as a major commodity producer could mean higher inflation ahead, with gas prices rising to $4 a gallon. One peripheral casualty of Russia’s Ukraine invasion could be the U.S. economy. Russia doesn’t have Read more…
Due to the situation in Ukraine there are speculations about a possible blocking of Russia on the SWIFT network. This note explains briefly what SWIFT is and what blocking of Russia would mean. In the Read more…
Hopes that diplomatic moves could avert a Russian invasion of Ukraine were shattered early Thursday, as Russia launched a full-scale attack. The move was not all that surprising, given the massive Russian buildup on the Read more…
EUR/JPY falls towards 128.00 Russia invading Ukraine has sent risk sentiment plunging lower, lifting demand for safe havens such as the Japanese yen. Putin authorized a special military operation in Donbas, Ukraine triggering risk aversion Read more…
Markets Financial markets were more or less prepared for Russian military presence in the Donbas region earlier this week, but not so much for the current demilitarization on the rest of Ukrainian soil, probably with Read more…