The Latest Breaking News from Imperial

In the race to seize assets tied to sanctioned Russian billionaires, U.S. authorities are alleging that a Russian tycoon acted as the “straw owner” of two yachts worth more than $1 billion, including the $700 million Scheherazade, a superyacht linked to Russian President Vladimir Putin.

Imperial Oil Ltd (TSX:IMO) (NYSE:IMO) price target has been raised to C$66 from C$65 by RBC Capital analyst Greg Pardy while maintaining the Outperform rating on the shares. The analyst states that the bullish stance toward Imperial Oil reflects its capable leadership team, favorable long-term operating outlook, strong balance sheet, and commitment to shareholder returns.…

'I think they should move people who have children out, this is not a child-friendly place'

‘We believe that, in the current circumstances, an orderly transfer of our business as a going concern would be in the best interests of our Russian colleagues,’ the company said on Tuesday

The Bristol-headquartered company employs 1,000 staff in Russia and is planning to pay their salaries until any transfer is complete

Imperial Brands and Inchcape have both announced they intend to leave Russia due to the conflict in Ukraine.

Imperial College study finds R value higher for older people, raising concerns about waning immunity

International companies taking action after Vladimir Putin's invasion of Ukraine

Coca-Cola, Starbucks and McDonald’s said on Tuesday they were all suspending operations in Russia amid a growing consumer backlash.