EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Is your wealth advisor independent? Sometimes it’s not easy to say

Since the 2008 financial crisis tarnished the big banks and brokerages on Wall Street, the ranks of independent wealth advisers have grown faster than other categories. Improving their appeal is a standard known as the fiduciary rule, which legally requires these advisers to put the interests of clients first at all times and generally avoid … Read more

Jared Kushner’s new fund plans to invest Saudi money in Israel

Jared Kushner’s new private equity fund plans to invest millions of dollars of Saudi money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign wealth … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Is your wealth advisor independent? Sometimes it’s not easy to say

Since the 2008 financial crisis tarnished the big banks and brokerages on Wall Street, the ranks of independent wealth advisers have grown faster than other categories. Improving their appeal is a standard known as the fiduciary rule, which legally requires these advisers to put the interests of clients first at all times and generally avoid … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Jared Kushner’s new fund plans to invest Saudi money in Israel

Jared Kushner’s new private equity fund plans to invest millions of dollars of Saudi money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign wealth … Read more

Amazon, Citigroup, Yelp, to help pay for travel expenses for abortion workers

After several states, including Texas and Oklahoma, passed restrictive abortion laws, some companies, including Amazon, Citigroup and Yelp, told their employees they would cover their travel costs to access the internet. ‘abortion. In fact, “can you travel to another state for an abortion?” was a breakout Google search the day after the Roe v. Wade, … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more