 | | | | Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as the country faced deepening economic isolation, but its governor said sanctions had stopped it selling foreign currency to prop up the rouble. | | | | | | Energy giants BP and Shell, global bank HSBC and the world's biggest aircraft leasing firm AerCap joined a growing list of companies looking to exit Russia on Monday, as Western sanctions tightened the screws on Moscow over its invasion of Ukraine. | | | | | | Net profit at Grupo SURA , Colombia's largest investment company, rose to 406.7 billion pesos ($103 million) from the 61.3 billion pesos net loss reported the year before, boosted by the recovery of its business and a lower impact from the COVID-19 pandemic, the company said in a statement on Friday. | | | | | | Major banks are talking with government officials to be clear on how sanctions against Russia should work, JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday. | | | | | | Europe's financial market on Monday began severing Russia's ties to its critical plumbing for trading, clearing and settling securities as sanctions on Moscow started to bite. | | | | | | The S&P 500 ended lower after a volatile session on Monday, with investors wrestling with uncertainty and bank stocks dropping following powerful Western sanctions against Russia as it continued its invasion of Ukraine. | | | | | | The Federal Aviation Administration (FAA) said on Monday it is expanding the use of independent safety expert groups when certifying commercial aircraft. | | | | | | The United States on Monday imposed sanctions on Russia's central bank and other sources of wealth, dealing a crushing blow to the country's economy and further punishing Moscow over its invasion of Ukraine. | | | | | | The European Central Bank should hold off on removing any more stimulus for now as the war in Ukraine raises uncertainty and the bank still needs evidence that inflation will not fall back below target, ECB board member Fabio Panetta said on Monday. | | | | | | The cost of raising U.S. dollar funds in the euro swaps market rose sharply on Monday after Western nations ramped up sanctions against Russia over the weekend, including blocking some Russian banks from the SWIFT international payments system. | | | | | |
