Currencies Roiled as Russia Sanctions Ripple in Global Markets
(Bloomberg) -- Emerging-market currencies slumped and Australian bonds soared as global markets opened in Asia Monday, in some of the first signs of the growing financial fallout from Russia’s...
BP to Exit Rosneft Stake and May Take a $25 Billion Hit
(Bloomberg) -- BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to...
SWIFT Ban Means the Fed May Need to Be Ready With Dollars
SWIFT Ban Means the Fed May Need to Be Ready With Dollars(Bloomberg) -- The decision to exclude various Russian lenders from the SWIFT messaging system could result in missed...
Warren Buffett’s ‘fourth law of motion’
A version of this post was originally published on TKer.co.Warren Buffett published his annual letter to Berkshire Hathaway shareholders on Saturday. You can read it here.Arguably the greatest investor...
