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Markets

World stocks clamber off 18-month lows, but markets on recession watch

  S&P futures up 1.13%, European stocks gain 0.96% MSCI Asia ex-Japan +1.8%, Nikkei +2.64% Worries over inflation, tightening policy remain Dollar hovers near 20-year highs on safe-haven demand LONDON/SHANGHAI, May 13 (Reuters) – World stocks rose from the previous day’s 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors […]

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Internet

US joins 55 nations to set new global rules for the internet

WASHINGTON, April 28 (Reuters) – The United States and 55 other nations on Thursday signed a political commitment to push rules for the internet that are underpinned by democratic values, at a time when the US has accused Russia of wielding internet disruptions as a part of its escalating attacks on Ukraine. The commitment, called […]

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Business

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens to leave Russia after 170 years Russia makes up around 1% of total revenues Shares fall after earnings miss CEO condemns the war in Ukraine ZURICH, May 12 (Reuters) – Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) […]

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Business

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on […]

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Business

EXCLUSIVE Google paying more than 300 EU publishers for news, more to come

BRUSSELS, May 11 (Reuters) – Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced publicly […]

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Economy

Why are food prices going up? Key questions answered

Elena Rodriguez cuts vegetables in the soup kitchen where she works in Pamplona Alta, a low-income neighborhood on the outskirts of the Peruvian capital where soaring food prices are placing animal proteins out of reach for the most vulnerable residents, in Lima, Peru April 11 , 2022. REUTERS/Daniel Becerril Register now for FREE unlimited access […]

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Business

Tesla exports first cars from Shanghai since reopening plant – average

A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 11 (Reuters) – Tesla Inc (TSLA.O) on Wednesday made its first exports from China since reopening its Shanghai factory on April 19, as a shipment of 4,767 cars […]

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Economy

Four Russian governors resign as sanctions bite

A general view shows the city center and Stalin-era skyscrapers in Moscow, Russia May 18, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register May 10 (Reuters) – Four Russian regional governors resigned on Tuesday as the country braces for the impact of economic sanctions. The heads of the Tomsk, Saratov, Kirov […]

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Internet

Russia downed satellite internet in Ukraine -Western officials

US: Russian hack aimed at disrupting Ukrainian communications UK: Hack was ‘deliberate and malicious’ EU: Attack on Viasat caused ‘indiscriminate’ outages Russia routinely denies it carries out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyberattack against a satellite internet network which took tens of thousands of modems offline at the […]

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Economy

Ukraine to halt key Russian gas transit to Europe, blames Moscow

Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom’s Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov. Register now for FREE unlimited access to Reuters.com Register KYIV/LONDON, May 10 (Reuters) – Ukraine said on Tuesday it would suspend the flow […]