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AP National Business

Shell to pull out of energy investments in Russia over war

By DANICA KIRKA Associated Press LONDON (AP) — Shell says it’s pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise. The company on Monday announced its intention to exit joint ventures with Russia’s state-owned energy giant Gazprom and related entities. That

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EXPLAINER: A look at West’s toughest sanctions yet on Russia

By ELLEN KNICKMEYER, FATIMA HUSSEIN and KEN SWEET Associated Press WASHINGTON (AP) — The United States has joined European allies in dramatically escalating financial penalties against Russia over its invasion of Ukraine. Saturday’s move comes after the West’s initial rounds of sanctions failed to stop Russian President Vladimir Putin in his military offensive. Two of

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Delta suspends codesharing with Russia’s Aeroflot airline

ATLANTA (AP) — Delta Air Lines has suspended its partnership with Russian national airline Aeroflot following Russia’s invasion of Ukraine. Atlanta-based Delta on Friday said the decision was effective immediately. The partnership allowed Delta and Aeroflot customers to book flights on the other airline to complete travel itineraries. Delta says it doesn’t operate flights to

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US, Europe step up Russia sanctions to target Putin directly

By RAF CASERT, AAMER MADHANI and ELLEN KNICKMEYER Associated Press BRUSSELS (AP) — The United States and European allies are stepping up sanctions over Russia’s invasion of Ukraine by adding measures directly targeting President Vladimir Putin and his top diplomat. Friday’s announcements signal Western governments are putting diplomatic appeals to one side as Russia’s forces

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German soccer club removes Russian firm Gazprom from jerseys

GELSENKIRCHEN, Germany (AP) — The logo of Russian state-owned energy giant Gazprom is being removed from the jerseys of German soccer team Schalke following Russia’s wide-ranging attack on Ukraine. Schalke says the logo will be replaced by lettering reading “Schalke 04” instead following what it called “recent developments.” A senior Gazprom executive had already quit

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