Russia

Visa Expects Global Growth to Cover Russian Revenue Loss Within a Year
Visa Expects Global Growth to Cover Russian Revenue Loss Within a Year
April 10, 2022  |  VISA

Visa has lost around 4% of the revenue booked during its last fiscal year as it pulled out of Russia — though a Friday (April...

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Sanctions Could Cause 39% Drop in Russian IT Spending
Sanctions Could Cause 39% Drop in Russian IT Spending
April 08, 2022  |  International

Information technology spending in Russia this year could fall as much as 39% in the wake of sanctions imposed in response to the country’s war...

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Microsoft Seizes Internet Domains Linked to Russian Cyberattacks on Ukraine
Microsoft Seizes Internet Domains Linked to Russian Cyberattacks on Ukraine
April 08, 2022  |  Cybersecurity

Microsoft Corp. has disrupted a Russian cyber attacker that targeted Ukraine, according to Tom Burt, the company’s corporate vice president of customer security and trust....

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US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
April 07, 2022  |  Regulation

The U.S. House and Senate on Thursday (April 7) each passed bills that would remove Russia’s most-favored-nation trade status and ban Russian oil imports as...

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H&M Stock Continues to Tumble as Sales Growth Slows
H&M Stock Continues to Tumble as Sales Growth Slows
March 31, 2022  |  Retail

H&M stock tumbled 12% Thursday (March 31) after the clothing retailer’s sales slowed down in March as Russia’s invasion of Ukraine had consumers rethinking whether...

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Officials: EU Considers New Round of Russia Sanctions
Officials: EU Considers New Round of Russia Sanctions
March 30, 2022  |  International

The European Union is considering a new round of sanctions against Russia in response to its war in Ukraine. Get the Full Story Complete the...

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EMEA Daily: UK Consumer Lending Rose in Feb.; ArK Kapital Raises $183M; Zimpler Plans Expansion; Medius Acquires OnPay Solutions
EMEA Daily: UK Consumer Lending Rose in Feb.; ArK Kapital Raises $183M; Zimpler Plans Expansion;...
March 29, 2022  |  International

In today’s top Europe, Middle East and Africa news, consumer lending in Britain swelled in February, the most in five years, the Bank of England...

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Russia’s Payments System Gets Around Mastercard, Visa Departure
Russia’s Payments System Gets Around Mastercard, Visa Departure
March 29, 2022  |  Payment Methods

While sanctions against Russia over its invasion of Ukraine have had a devastating effect on the country, it hasn’t stopped Russians from being able to...

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Apple, Google Mobile Payments Systems Stop Supporting Russia’s Mir Card
Apple, Google Mobile Payments Systems Stop Supporting Russia’s Mir Card
March 27, 2022  |  Apple Pay

Apple has closed a loophole that was allowing some Russians to keep using its mobile payment service even though the economic sanctions have been ongoing,...

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