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As Russia's military continues to pound Ukraine with missiles and other lethal weapons, Western nations have responded in part by targeting Russia's defense industry with sanctions. The latest round... | July 1, 2022
By Chris Kirkham and David Gauthier-Villars (Reuters) - As Russia's military continues to pound Ukraine with missiles and other lethal weapons, Wester...
Japan has emerged as a beneficiary as the global aviation industry seeks to cut ties with Russia’s VSMPO-Avisma, the world’s biggest titanium producer.
Boeing Co has halted titanium purchases from Russia while Airbus SE continues to source from the country, highlighting the uncertain path for aerospace manufacturers following the invasion of Ukraine. Boeing said it does not anticipate a major disruption to aircraft output in the near term after an initiative in recent years to diversify its metal sourcing arrangements. The decision to stop purchases comes after the US planemaker last week said that it would suspend major operations in Moscow. “Our inventory and diversity of titanium sources provide sufficient supply for airplane production ...
Supply chains that rattled the global economy through the pandemic are unleashing another shock as efforts to choke off trade with Russia strain resources ranging from fertilizer needed for crops