Category: Business

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European Sanctions Could Strand Leased Planes in Russia

European companies that have leased hundreds of planes to Russian airlines must now find a way to fly them out.  » mehr lesen

US Escalates Sanctions With a Freeze on Russian Central Bank Assets

The action is likely to fuel rapid inflation in Russia as it wages war in Ukraine.  » mehr lesen

Nightlife Inflation: Why Drink Prices and Entrance Fees are going up

Surging prices are taking a toll on a night on the town. “I remember just going ‘yikes’ when signing off on a nearly $80 bill,” a bar patron said.  » mehr lesen

Speculators Win Big With Bets on Young Artists

When demand outstrips supply, there is huge money to be made by “flipping”— the practice of buying low from the artist’s gallery and reselling high at auction.  » mehr lesen

Oil prices climb as Ukraine crisis deepens.

A nuclear threat, and skepticism at potential talks.  » mehr lesen

Volvo Cars Halts Sales to Russia, Citing Ukraine Sanctions

The Swedish carmaker’s move is a sign of how businesses may decide the hazards of doing business in Russia outweigh the risks.  » mehr lesen

The Ruble Dropped to Record Levels Against Dollar

The ruble dropped to record lows against the dollar, stirring fears of inflation and bank runs, and the central bank raised a key interest rate sharply.  » mehr lesen

Oil prices climb as Ukraine crisis deepens.

A nuclear threat, and skepticism at potential talks.  » mehr lesen

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