Russia finds Meta guilty of ‘extremist activity’ but WhatsApp can stay

Moscow court says Meta engaged in ‘extremist activity’ Facebook, Instagram already banned in Russia Prosecutors, court say WhatsApp will not be affected Lawmaker says Meta can return if sticks to Russia’s terms March 21 (Reuters) – A Moscow court said on Monday that Meta (FB.O) was guilty of “extremist activity”, but the ruling will not … Read more

Stocks steady after Fed hike, BoE’s turn next

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON/TOKYO, March 17 (Reuters) … Read more

China share surge boosts Asian equity gauges ahead of Fed

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan up more than 3%, Nikkei +1.7% China Vice Premier comments trigger jump in Chinese shares US Treasury yields down from June … Read more

Oil set for weekly loss as supply remedies emerge

A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko Register now for FREE unlimited access to Reuters.com Register Market grappling with determining supply shortages from Russia Brent benchmark see-sawed in wide trading range this week OPEC nations stick to alliance with Russia LONDON, March 11 … Read more

Households squeezed as U.S. consumer prices accelerate; more pain coming

Consumer price index increases 0.8% in February Gasoline accounts for nearly a third of rise in CPI CPI jumps 7.9% year-on-year; costs of food, rent arises Core CPI rises 0.5%; increases 6.4% year-on-year WASHINGTON, March 10 (Reuters) – US consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and … Read more

Apple upgrades low-end iPhone SE with 5G, and high-end Mac Studio computer with faster chip

NEW YORK, March 8 (Reuters) – Apple Inc (AAPL.O) on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop, a high point in Apple’s move to power its devices with microprocessors designed in house. The new Studio desktop starts at $3,999 with the … Read more

Russian rouble up from new lows, ratings downgrades weigh

Russian Rouble and US Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, March 3 (Reuters) – The rouble pared some losses after slumping to new record lows against the dollar and euro on Thursday as Fitch and Moody’s downgraded … Read more

Russia sanctions ripple across world markets, rouble tanks

Oak slides to record low, Russian cbank hikes rates European stocks down, US stock futures in red Oil up 5%, euro down sharply vs dollar LONDON, Feb 28 (Reuters) – World stocks slid, oil prices jumped and the rouble tanked to fresh record lows on Monday, as the West ramped up sanctions against Russia for … Read more

Wall Street Week Ahead: Some investors wary of ‘buying the dip’ as Ukraine, Fed gyrate stocks

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 25 (Reuters) – US stocks are drawing buyers after a recent tumble, but some investors … Read more

Investors brace for volatility as West moves to cut Russia off from SWIFT

NEW YORK/LONDON Feb 26 (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system . New measures announced by the United States, Britain, Europe … Read more