Snap Says Economy Deteriorated Fast, Slashes Forecast, Stock Plummets
By Sheila Dang (Reuters) -Snap Inc said the economy had worsened faster than expected in the last month and the…
May 2022
Russia’s No. 1 Mobile Operator MTS Starts Selling Used And Discounted Smartphones
(Reuters) – Russia’s biggest mobile operator MTS said on Tuesday it has started selling discounted and used smartphones, offering Russian…
Davos updates | Soros: New tech, AI help repressive regimes
DAVOS, Switzerland (AP) — Billionaire investor turned philanthropist George Soros has blamed new technology for helping repressive regimes like Russia…
Russian Rouble Firms Past 57 To The Dollar For First Time In Four Years
(Reuters) – The Russian rouble strengthened to levels not seen since March 2018 against the dollar on Tuesday, boosted by…
Bruised Dollar Hits New 1-month Low; Lagarde Boosts Euro
By Saikat Chatterjee LONDON (Reuters) – The dollar hit a fresh one-month low on Tuesday as the euro extended gains…
Palantir, Trafigura Aim To Track Carbon Emissions For The Oil, Metals Industry
By Jeffrey Dastin and Dmitry Zhdannikov DAVOS, Switzerland (Reuters) -Palantir Technologies Inc and global commodities trader Trafigura have set sights…
Barclays Kickstarts Suspended Share Buy-back Programme
LONDON (Reuters) – Barclays has fired the starting gun on a 1 billion pound share buy-back programme aimed at reducing…
Oil Prices Fall On Concerns Over Recession, China COVID Curbs
By Yuka Obayashi and Isabel Kua SINGAPORE (Reuters) -Oil prices fell by more than $1 on Tuesday as concerns over…
Slumping technology stocks pull Wall Street lower
NEW YORK (AP) — Stocks fell in morning trading on Wall Street Tuesday, weighed down by a big decline in…
Asia Stocks Skid With U.S. Futures, Euro Holds Gains
By Wayne Cole SYDNEY (Reuters) – Asian shares slid on Tuesday as relief at a rally on Wall Street was…