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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 […]

Categories
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 […]

Categories
Markets

CPI, PPI: Markets look for signs of US inflation peak

NEW YORK, May 10 (Reuters) – In the wake of the 50-basis-point interest rate hike by an increasingly hawkish Federal Reserve, markets have gyrated wildly ahead of this week’s US economic data, which will be closely parsed for signs that inflation is peaking. Price growth has soared to the highest level since the early 1980s […]

Categories
Business

S&P 500, Nasdaq end up but investors cautious before inflation data

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 9, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The […]

Categories
Celebrity

Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston

BOSTON, May 10 (Reuters) – Chef Mario Batali was acquitted on Tuesday of sexually assaulting a woman at a Boston bar in 2017 while posing with her for fan “selfie” photos, with the judge doubting the credibility of the accuser in the latest # MeToo was a trial involving a US celebrity accused of misconduct […]

Categories
Markets

Crypto assets shed $800 billion in market value in a month

May 10 (Reuters) – Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets. Bitcoin, which makes up for nearly 40% of the crypto market, hit a […]

Categories
Business

Wall Street dips while treasury yields, oil prices drop

NEW YORK, May 10 (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowing economic growth. US Treasuries rallied, with the yield on the benchmark 10-year note […]

Categories
Mobile

Gay dating app Grindr to go public in $2.1 billion SPAC deal

May 9 (Reuters) – Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm – a deal that values ​​it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction. Grindr said its existing shareholders would own 78% of the […]

Categories
Economy

Dollar choppy with inflation data on deck

NEW YORK, May 10 (Reuters) – The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a two-decade high ahead of a key reading on inflation that could provide insight on the path of Federal Reserve monetary policy . Investors were in a risk-on mood, as the yield on […]