Business

Explainer-Western sanctions on banks only scratch surface of Fortress Russia

Explainer-Western sanctions on banks only scratch surface of Fortress Russia

By Tommy Wilkes and John McCrank LONDON/NEW YORK (Reuters) – The United States, the European Union and Britain announced new san..

Explainer-How Western sanctions will target Russia

Explainer-How Western sanctions will target Russia

By Karin Strohecker (Reuters) -The United States and its allies are coordinating new sanctions on Russia after Moscow recognised two r..

Oil climbs on growing fears of conflict over Ukraine

Oil climbs on growing fears of conflict over Ukraine

By Sonali Paul MELBOURNE (Reuters) – Oil prices jumped more than $2 to a fresh seven-year high on Tuesday after Moscow ordered t..

Stocks slide, oil jumps as Russia orders troops to Ukraine regions

Stocks slide, oil jumps as Russia orders troops to Ukraine regions

By Tom Westbrook and Xie Yu SINGAPORE (Reuters) – Global stocks tumbled while safe-havens rallied and oil surged on Tuesday as E..

Stocks steady on hopes for diplomacy in Ukraine

Stocks steady on hopes for diplomacy in Ukraine

By Tom Westbrook SINGAPORE (Reuters) – U.S. stock futures bounced on Friday and selling pressure eased in Asian share markets af..

Bitcoin falls 7.4% to $40,632

Bitcoin falls 7.4% to $40,632

(Reuters) – Bitcoin dropped 7.4% to $40,631.78 at 2205 GMT on Thursday, down $3,248.05 from its previous close. Bitcoin, the wor..

Visa, Amazon reach global deal over payment fees

Visa, Amazon reach global deal over payment fees

(Reuters) – Visa Inc cards will be accepted at all Amazon.com Inc stores and sites as part of a global agreement, the companies ..

Air France-KLM beats expectations on long-haul recovery

Air France-KLM beats expectations on long-haul recovery

PARIS (Reuters) -Air France-KLM beat core profit expectations for 2021 due to a recovery in transatlantic travel in the fourth quarter..

Apple given fourth Dutch fine in App Store dispute

Apple given fourth Dutch fine in App Store dispute

By Toby Sterling AMSTERDAM (Reuters) -The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) again on Monday, its fou..

China greenlights Audi-FAW’s $3.3 billion electric vehicle venture

China greenlights Audi-FAW’s $3.3 billion electric vehicle venture

By Brenda Goh SHANGHAI (Reuters) -Volkswagen’s Audi and its Chinese state-owned partner FAW Group have received approval from Ch..