BEIJING (AP) — Japan’s stock benchmark soared 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate. Wall Street’s S&P 500 index rose 2.6% for its biggest daily gain in 12 years as prices swing wildly amid uncertainty about the impact of Russia’s war on Ukraine. Markets…
SAN RAMON, Calif. (AP) — Apple on Tuesday unveiled a new version of its budget-priced iPhone that’s capable of connecting to ultrafast 5G wireless networks, an upgrade that’s already been available on the company’s upscale models for more than a year. The latest iPhone SE marks the first upgrade to the bare-bones version of Apple’s…
LONDON (AP) — Ukrainian President Volodymyr Zelenskyy evoked wartime British leader Winston Churchill on Tuesday as he told the U.K. Parliament that Ukrainians would fight Russian invaders to the end in the country’s forests, fields and streets. Zelenskyy told British lawmakers “we will not give up and we will not lose,” in a speech that…
BERLIN (AP) — Emmanuel Oyedele’s dream of getting a business degree in Ukraine lies shattered in the rubble of Russia’s sudden fierce military assault, but right now the 28-year-old Nigerian says he feels blessed. After hastily escaping Kyiv as Russian forces advanced, Oyedele, his brother and two young female friends spent days trying to flee…
KYIV, Ukraine (AP) — The field kitchen at a makeshift camp in Ukraine’s capital was a hive of activity Monday, giving volunteers a way to contribute to the war effort — and providing a much-needed distraction from the harrowing news about Russia’s escalating invasion. A woman identified only as Oksana, whose husband is fighting in…
The average price of gasoline in the U.S. hit a record $4.17 per gallon Tuesday as the country banned Russian oil imports after its invasion of Ukraine. The national average rose by 10 cents per gallon in one day, and it’s up 55 cents since last week, according to AAA data. The previous high was…
BRUSSELS (AP) — The European Union is seeking to fully phase out its reliance on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. The EU leaders meet in Versailles outside Paris for a two-day summit…
SILVER SPRING, Md. (AP) — Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies announced Tuesday. The acquisition is the first of many that analysts foresee in the cyber security sector following Russia’s invasion of Ukraine. Analysts and government officials have said they expect a…
NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of Russia have said that sanctioning its energy exports would be the best — perhaps only — way to force Moscow to…
LONDON (AP) — Shell said Tuesday that it will stop buying Russian oil after Ukrainian officials criticized the energy giant for buying a shipment of crude from Moscow and demanded that all multinational companies sever ties with Russia over the war. The move came hours before the U.S. and British governments banned Russian oil imports….
