Browsing: ukraine conflict

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.

Ukrainian electricity imports have risen almost threefold, according to the Energy Ministry in Kiev, which also said the country has ceased almost all exports of electrical power following Russian strikes on infrastructure. 

The European Union has placed tighter trade restrictions on Chinese companies that it claims are supporting Russia, the European Council said in a press release on Friday.