GARMISCH-PARTENKIRCHEN, Germany (AP) — Leaders of the world’s biggest developed economies are weighing a cap on the price of Russian oil meant to strike at the main pillar of the Kremlin’s finances following its invasion of Ukraine — and to limit the havoc that high energy prices are wreaking worldwide. Details haven’t been agreed at…
By Byron Kaye SYDNEY (Reuters) – Three of Australia’s biggest retail chains have been referred to the privacy regulator for recommended enforcement action by a major consumer group which has said they use “unreasonably intrusive” facial recognition technology on customers. CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on…
General Electric Chairman and CEO Larry Culp is taking on the additional role as the top executive at the company’s aviation business. Culp eight months ago engineered the break up of the conglomerate in which it would spin off its health care and energy divisions, with the aviation wing remaining under the control of GE….
Last week, the bulls were finally able to establish an advantage. Extreme levels of bearish sentiment suggested that most sellers already left the building. Buyer climbed out from under their desk and started to nibble. This week will be important for bulls to hold these gains. There are a few key factors with regards to…
By Angelo Amante and John Irish SCHLOSS ELMAU, Germany (Reuters) -The Group of Seven club of wealthy nations on Monday vowed to stand with Ukraine “for as long as it takes”, promising to tighten the squeeze on Russia’s finances with new sanctions that include a proposal to cap the price of Russian oil. The announcement…
(Reuters) – Wall Street’s main indexes opened higher on Monday after a slide in commodity prices allayed concerns on inflation and raised expectations of the Federal Reserve going moderate with its aggressive policy tightening. The Dow Jones Industrial Average rose 32.92 points, or 0.10%, at the open to 31,533.60. The S&P 500 opened higher by…
NEW YORK (AP) — People with hearing loss have a new ally in their efforts to navigate the world: Captions that aren’t limited to their television screens and streaming services. The COVID pandemic disrupted daily life for people everywhere, but many of those with hearing loss took the resulting isolation especially hard. “When everyone wears…
By Guy Faulconbridge LONDON (Reuters) – Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast debt pile after the 1917 Revolution, but its $1.8 trillion economy is showing no sign of sinking just yet. The sanctions imposed by the West over Russia’s invasion of…
MOSCOW (Reuters) – A move by Britain, the United States, Japan and Canada to ban new imports of Russian gold is being seen as largely symbolic within the global gold market as Russian exports to the West have already dried up. Britain said on Sunday the ban was intended to limit Russia’s ability to fund…
BRUSSELS (AP) — European Union countries agreed Monday that all natural gas storage in the 27-nation bloc should be topped up to at least 80% capacity for next winter as they prepare for the possibility of Russia further reducing deliveries. The EU is trying to slash its use of Russian energy amid the Kremlin’s war…
