TKAMY - Ukraine War Update: Burger King parent QSR is exiting Russian joint ventures
Here are the latest headlines in the Russia-Ukraine crisis: Burger King parent QSR exiting Russia joint ventures Restaurant Brands International (NYSE:QSR) has reportedly begun the process of exiting its stake in the company's Russian joint ventures. QSR said its Russian partners have refused to suspend operations, but that the parent firm has stopped providing corporate support like approving expansions. ThyssenKrupp sinks on fears of high input prices ThyssenKrupp (OTCPK:TKAMY)(OTCPK:TYEKF) is tumbling Thursday after the German industrial giant suspended cash-flow guidance, began reviewing spending plans and put its steel unit's spinoff on hold because of the Russia-Ukraine War's impact on raw-materials prices. TKAMY warned that higher commodities prices could hurt its steel and auto-supply businesses. Oil Prices Rally as Russia Denies Ceasefire Progress The risk premium that had dropped sharply from the energy markets is returning, with WTI crude rising back above $100 per barrel. Kremlin Says Reports of Major Progress in
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Ukraine War Update: Burger King parent QSR is exiting Russian joint ventures