Russia blames Western sanctions for pipeline shutdown, while Ukraine accuses the Kremlin of energy 'blackmail'
Russia claimed Monday that Western sanctions have prevented Gazprom from doing necessary maintenance on Nord Stream 1, which carries natural gas to Germany.
Ikea set to liquidate Russian unit as occupation of Ukraine continues
Ikea has decided to liquidate its Russian unit, IKEA Dom, as a long list of other international companies cut ties with the country as it continues to occupy Ukraine.
Nord Stream 1 pipeline from Russia to Europe begins flowing again after being closed for maintenance
Natural gas is flowing again between Russia and Germany after the Nord Stream 1 Baltic Sea pipeline reopened Thursday morning following a 10-day shutdown for annual maintenance.
Russia could default on debt payments after US doesn't extend license to pay bondholders
Russia may default on international debt for the first time since the Bolshevik Revolution after the U.S. chose not to extend its license to Russia to pay bondholders.
Food charity supplies meals to Ukrainians displaced from homes amid war with Russia
A food charity in Dnipro, Ukraine has been providing meals to thousands of Ukrainian residents since Russia launched its invasion.
Lawmakers ask tech giants to archive potential evidence of Russian war crimes in Ukraine: report
Four high-ranking House lawmakers sent letters on Thursday to executives of Twitter, YouTube, TikTok, and Facebook's parent company, Meta, asking the social media giants to archive potential evidence of Russian war crimes in Ukraine.
European Union likely to approve Russian oil embargo next week: report
European Union countries next week are likely to approve a phased embargo on Russian oil, dealing a significant economic blow to Moscow over its invasion of Ukraine, The New York Times is reporting.
SpaceX nabs 'eye-watering' wins against Russian hackers in Ukraine, Pentagon says
SpaceX has notched "eye-watering" wins against Russian hackers as it tries to keep Ukraine connected to the internet, Pentagon officials said this week.
Russian economy poised to crash as sanctions take their toll
The Russian economy is poised to collapse this year after the U.S. and its European allies hit the Kremlin with a slew of crippling financial penalties over its unprovoked invasion of Ukraine.
Uber restarts service in Ukrainian capital of Kyiv amid Russia's invasion
Uber said it is restarting its ridesharing service in the Ukrainian capital of Kyiv on Thursday with the goal of supporting “a return to normality as quickly as possible.”
Levi Strauss not expecting to reopen in Russia this year: report
Levi Strauss, whose iconic blue jeans were a symbol of freedom during the Soviet era, does not expect to reopen stores in Russia this year after temporarily suspending business a month ago, the company's chief executive told the Financial Times.
American gun manufacturer sending thousands of AR-15s to Ukraine
As Kyiv continues to be pummeled by Russian airstrikes, private businesses across America are sending weapons directly into the war zone. An American gun manufacturer is sending 2,500 piston driven, semi-automatic AR-15 style rifles to Kyiv, helping arm civilians who stayed in Ukraine to fight against the Russians.
Ukrainian fashion brand in bombarded city picks up and flees
Just days ago, Artem Gorelov was trying to survive in one of the most brutal parts of Ukraine, the Russian-occupied Kyiv suburb of Bucha. Now he stands in a quiet room in the late afternoon sunlight, hand-making hats for a local fashion brand worn by Madonna and Ukraine’s first lady. Gorelov has joined Ukrainians' massive migration west to the city of Lviv, near Poland.
US unveils fresh sanctions on Russia targeting defense companies, hundreds of lawmakers
The United States on Thursday announced a raft of new financial sanctions on Russian lawmakers and defense companies, further ratcheting up financial pressure on Moscow over its invasion of Ukraine.
Lawmakers, Yellen mull freezing Russian gold reserves
A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.
White House to meet with top oil, bank CEOs on Russian sanctions
Top Biden administration officials will meet on Monday with executives from banks, oil companies and other firms to discuss the impact from the Russia-Ukraine war and the ensuing sanctions from the U.S. and its European allies.
'Do the right thing': How US, allies united to punish Putin
International officials met in February to map out a strategy to financially cripple Russian President Vladimir Putin amid Russia's invasion of Ukraine, a strategy that sparked the global economic war against Putin.
White House pre-screened questions from TikTok influencers during special briefing last week, attendees say
When the White House invited TikTok stars for a briefing last week on Russia's invasion of Ukraine, the Biden administration pre-screened their questions, several attendees told FOX Business.
Russia claims it made a critical bond payment to avoid $117M debt default
Russia claimed on Thursday that it had fulfilled a critical interest rate payment on two dollar-denominated bonds, potentially avoiding a historic debt default.
Goldman says Ukraine-Russia war could trigger US economic recession
Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.



















