By Luc Cohen NEW YORK (Reuters) – A fugitive Malaysian financier said he won support from allies of former U.S. President Donald Trump for a possible settlement of a probe into the looting of funds from the 1MDB sovereign wealth fund, a former Goldman …
Former comic actor Zelenskiy is unlikely war leader for Ukraine
By Matthias Williams KYIV (Reuters) – Volodymyr Zelenskiy swept to power three years ago promising to end a war with Moscow-backed separatists in eastern Ukraine. He now faces a Russian invasion that could result in the overthrow of his government and …
U.S. Supreme Court mulls ‘pill mill’ doctors’ opioid convictions
By Nate Raymond (Reuters) – The U.S. Supreme Court on Tuesday wrestled with the circumstances under which doctors can be convicted of operating as drug dealers under the cover of their medical practices to illegally distribute opioid painkillers and ot…
Biden rallies Congress behind Ukraine, says Putin has ‘no idea what’s coming’
By Steve Holland, Makini Brice and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden assailed Russian President Vladimir Putin, barred Russian flights from American airspace and led Democratic and Republican lawmakers in a rare display of un…
Shipping giants shun Russia as Western sanctions tighten
By Jonathan Saul and Stine Jacobsen (Reuters) – The world’s biggest shipping lines, MSC and Maersk, on Tuesday suspended container shipping to and from Russia, deepening the country’s isolation as its invasion of Ukraine sparks an exodus of internation…
Wall Street ends sharply lower as Ukraine crisis sows fear
By Devik Jain and Noel Randewich (Reuters) – Wall Street ended sharply lower on Tuesday, with financial stocks bearing much of the damage for a second straight day as the Russia-Ukraine crisis deepened and stirred anxiety among investors. Most of the 1…
Analysis-Getting rid of Russian assets a big problem for U.S. fund managers
By John McCrank and Davide Barbuscia NEW YORK (Reuters) – U.S. investors holding Russian assets are finding themselves in an increasingly difficult position on working out how to ditch them. The United States, Britain, Europe and Canada announced new s…
U.S, allies agree oil reserves release as oil prices soar
By Yuka Obayashi and Noah Browning TOKYO (Reuters) -Member states of the International Energy Agency (IEA), including the United States, on Tuesday agreed to release 60 million barrels of crude reserves to try to curb soaring oil prices following Russi…
Exclusive-Ukraine’s Zelenskiy tells Russia “just stop the bombing” before more ceasefire talks
By Aleksandar Vasovic KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy said on Tuesday Russia must stop bombing Ukrainian cities before meaningful talks on a ceasefire could start, as a first round of negotiations this week had yielded scant pro…
Indian student killed in Ukraine shelling, thousands of foreigners trapped
By Sanjeev Miglani and Krishna N. Das NEW DELHI (Reuters) -An Indian student was killed by shelling in the eastern Ukrainian city of Kharkiv on Tuesday, prompting New Delhi to step up demands for safe passage to evacuate thousands of its nationals trap…