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Month: February 2022

Global stocks plunge as Russia attacks Ukraine

CNN, CNNBUSINESS By Laura He, CNN Business Global stocks plunged after President Vladimir Putin launched an invasion of Ukraine, drawing condemnation from the West and making punishing sanctions all but certain. European stocks tumbled on Thursday. The FTSE 100 fell 3.9% in London, while France’s CAC 40 dropped 3.8% and Germany’s DAX 30 shed 4%.

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Oreo maker and Coke bottler close up shop in Ukraine

CNN, CNNBUSINESS By Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended

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Oreo maker and Coke bottler close up shop in Ukraine

By Jordan Valinsky, CNN Business A number of companies have suspended production or limited manufacturing output in Ukraine because of the Russian invasion early Thursday. Companies that made those announcements include Carlsberg, a Coca-Cola bottling company, snack maker Mondelez and steel manufacturer ArcelorMittal. They join a number of airlines that have already suspended operations to

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U.S. lawmakers blast Canada over sale of lithium mining company to Chinese firm

By Richard Madan Click here for updates on this story     Washington, D.C. (CTV Network) — A trio of U.S. lawmakers are blasting Canada’s “complicit approval” that allowed the sale of a Toronto-listed lithium mining company to a Chinese state-owned firm, and are urging Biden administration officials to investigate the acquisition. In a letter to several

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DeSantis’ rising star — and fraught relationship with Trump — on display as CPAC kicks off in Florida

By Steve Contorno and Jeff Zeleny, CNN Walking out to a slick hype video and tossing hats into a raucous crowd as he approached the microphone, Florida Gov. Ron DeSantis on Thursday demonstrated for the Conservative Political Action Conference the bravado and fighting attitude that has made him the most popular elected Republican in the

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