MacKenzie Scott has donated $281 million to Boys & Girls Clubs of America and 62 local Boys & Girls Clubs around the country, the 160-year-old nonprofit announced Thursday. It is the largest public gift Scott has given so far. Scott directed $25 million of the total to the organization’s national office in Atlanta and the…
(Reuters) -Russia on Friday demanded that Alphabet Inc’s Google stop spreading what it called threats against Russian citizens on its YouTube video-sharing platform, a move that could presage an outright block of the service on Russian territory. Google representatives in Russia did not respond to an emailed request for comment. Google representatives outside Russia also…
By Karin Strohecker and Sujata Rao LONDON (Reuters) -Russia has paid interest due on two sovereign dollar bonds, easing doubts about its willingness and ability to honour external debt after harsh sanctions imposed by the West, but a busy payment schedule ahead will keep investors on edge. Failure to pay could have led to Russia’s…
BERLIN (AP) — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine. The Paris-based agency said in a report released Friday that “practical actions by governments…
LISBON, Portugal (AP) — High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers amid a truckers’ strike Friday and farmers in France and Greece snarling traffic with their protests. Russia’s war in Ukraine has further pushed up costs for oil and natural gas in Europe, driving…
Sales of previously occupied U.S. homes fell in February as competition for a near-record low number of properties on the market drove prices higher and rising mortgage rates kept would-be buyers on the sidelines. Existing home sales fell 7.2% last month from January to a seasonally adjusted annual rate of 6.02 million, the National Association…
BILLINGS, Mont. (AP) — In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from $75 a barrel in January to more than $120 as Russia pressed its war in Ukraine, then down again when coronavirus worries in China raised the specter of a global slowdown. McDermott said his family-owned…
By Brijesh Patel (Reuters) – Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal was hit by hopes of progress in peace talks between Russia and Ukraine as well as a U.S. interest rate hike. Spot gold slipped 0.6% to $1,931.90 per ounce,…
By Shreyashi Sanyal and Sabahatjahan Contractor (Reuters) – The Nasdaq and the S&P 500 indexes inched higher in volatile trading on Friday as megacap stocks gained ground, while investors assessed talks between U.S. President Joe Biden and his Chinese counterpart Xi Jinping over the Ukraine conflict. Seven of the 11 major S&P sectors were lower,…
By Fanny Potkin and Poppy McPherson SINGAPORE (Reuters) -Myanmar’s junta has given the final approval for the sale of Norwegian telecommunications company Telenor’s operations in the country to a local company and a Lebanese investment firm, the firm said on Friday. Telenor Chief Executive Sigve Brekke said in a statement the firm had to leave…
