LVIV, Ukraine – Ukrainian President Volodymyr Zelenskiy on Sunday called on U.S. software firms Microsoft Corp and Oracle Corp and German business software group SAP to halt support services for …
"business"
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By Wendell Roelf CAPE TOWN -South Africa’s civil aviation regulator grounded Comair’s planes indefinitely on Sunday over unresolved safety issues, in a move that also affects low-cost airline Kulula and …
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US and World News
Britons to get 350 pounds a month to open homes to Ukraine refugees
by Reutersby ReutersBy Andrew MacAskill LONDON -Britain will pay people to open their homes to Ukrainians fleeing the Russian invasion as the government moves to deflect anger over its response to the fastest-growing refugee …
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– Chinese e-commerce giant JD.com Inc on Sunday said that its subsidiary JD Logistics Inc has agreed to buy domestic courier Deppon Logistics Co Ltd. Under the deal, JD Logistics …
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Financial News
Investors jump into commodities while keeping eye on recession risk
by Reutersby ReutersBy David Randall NEW YORK -Investors are rushing to recalibrate their portfolios for a potentially extended period of elevated commodity prices, as Russia’s invasion of Ukraine sparks eye-popping moves in …
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BEIJING -Mainland China reported 1,807 new local symptomatic COVID-19 cases on Sunday, the highest daily figure in two years and more than triple the caseload of the previous day, as …
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Financial News
India’s Paytm chief detained briefly for negligent driving: reports
by Reutersby ReutersMUMBAI – Indian police briefly detained Vijay Shekhar Sharma, the founder and CEO of the fintech firm Paytm in New Delhi in February for a minor road accident, local media …
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Featured NewsUS and World News
Below Their Lines: American Corporations Cancel Russia But Remain Silent On Uyghur Genocide
Below Their Lines: American Corporations Cancel Russia But Remain Silent On Uyghur Genocide Philip Lenczycki on March 12, 2022 Major American companies are suspending operations in Russia following the nation’s …
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Business NewsFinancial News
Some independent Nike stores remain open in Russia over a week after closure announcement
by Reutersby Reuters(This March 11 story corrects to say “at least six independent stores” instead of “many” stores; adds details on Nike’s March 3 statement about suspension of operations in Russia) By …
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Financial News
Steve Cohen’s Point72 to redeem $750 million from Melvin Capital – Bloomberg News
by Reutersby Reuters– Billionaire investor Steve Cohen’s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital Management, Bloomberg News reported https://bloom.bg/3whzrgL on Saturday. Point72 will soon start …
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Financial News
Russian central bank decides not to reopen stock market trading next week
by Reutersby Reuters– Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions …
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Financial News
Ukraine to start 2022 spring sowing in coming days – deputy minister
by Reutersby ReutersLVIV, Ukraine – Ukraine plans to start sowing spring grains in the coming days and has enough grain in stocks to ensure the population has enough bread, deputy agriculture minister …
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Financial News
Russia to include electronics firms on list of essential companies -report
by Reutersby Reuters– Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the electronics sector, the TASS news agency quoted Deputy Prime Minister Dmitry …
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US and World News
China daily local COVID cases hit two-year high of over 1,500
by Reutersby ReutersBy Brenda Goh SHANGHAI -Mainland China reported more than 1,500 new local COVID-19 infections on Saturday, the most since the first nationwide outbreak in early 2020, as the Omicron variant …
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By Uditha Jayasinghe COLOMBO – Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign exchange earnings within 180 days of transactions in a bid to …
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NEW DELHI – Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in …
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Financial News
Ukraine official plays down risks of hryvnia devaluating further
by Reutersby ReutersLVIV, Ukraine – The Ukrainian president’s economic adviser on Saturday played down the risks of the hryvnia devaluating further, despite the Russian invasion of the country which began on Feb. …
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Financial News
Russia’s Gazprom says continues gas shipments via Ukraine at same volume
by Reutersby Reuters– Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged volume of 109.5 million cubic metres a day. (Reporting by Reuters; …
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‘People Are Dying:’ Democratic Mayors Crack Down On Massive Homeless Camps Laurel Duggan on March 11, 2022 Democratic mayors are changing course on homelessness, opting to clear out homeless encampments …
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Corporations Lobby Texas To Support Sex Changes For Kids Laurel Duggan on March 11, 2022 Apple, Google, Microsoft and other companies called on Texas to abandon its effort to treat …
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IRS Seeks To Hire 10,000 More Workers To Relieve Backlog Harry Wilmerding on March 11, 2022 The Internal Revenue Service (IRS) announced a plan Thursday to hire 10,000 workers to …
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– Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him, the Wall Street Journal …
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US and World News
Texas judge blocks probes of transgender kids’ parents statewide
by Reutersby ReutersBy Andrew Hay -A Texas judge on Friday temporarily blocked the state from investigating parents who provide their transgender children with gender-transitioning medical treatments that Governor Greg Abbott calls “child …
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Financial News
BlackRock Russia exposure down $17 billion since February, company data shows
by Reutersby ReutersBy Ross Kerber – BlackRock Inc’s total client exposure to Russia has declined to less than $1 billion from $18 billion a month ago, before Moscow’s invasion of Ukraine led …
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Financial News
Dual registration of Russian-leased aircraft at odds with key aviation principles -U.N
by Reutersby ReutersMONTREAL -Any dual registration of foreign-owned aircraft leased by Russian carriers would be inconsistent with parts of a key agreement that sets out core principles for global aviation, the United …