BEIJING (AP) — Global stocks tumbled Friday after tensions over Ukraine mounted and Standard & Poor's cut Russia's credit rating, warning of capital flight and risks to investment due to the crisis. Oil declined but stayed above $101 per barrel amid worries about the possible impact on Russian supplies. S&P said it took the step because the tense situation "could see additional significant outflows of both domestic and foreign capital from the Russian economy." [...] relief was mixed with concern about higher U.S.
Similar Stories to Global Stocks Tumble Amid Ukraine Tensions on Bing News
By JOE McDONALD, AP Business Writer, Seattle Post-Intelligencer: Business
Fri, 04/25/2014 - 2:05am
BING NEWS:
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05/4/2024 - 8:54 am | View Link - Ukraine Eases Some Wartime Capital Controls for Businesses
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, opens new tab forecast better-than-expected profit for 2024 on Wednesday, as a strong labor market boosts consumer spending. Payment technology companies have largely downplayed worries of a ...
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