(Reuters) – Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a “private broadcast messaging product.” Users in Colombia and Singapore will be the first to receive access to Channels. Over the coming months, Meta will expand the availability of the tool for users…
By Alexander Marrow (Reuters) – Russian internet firm Yandex on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023. Often dubbed “Russia’s Google”, Yandex is making progress on a corporate restructuring plan that should…
By Marc Jones LONDON (Reuters) -Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping the currency on a tight leash by any means necessary. Ankara has seen decades of financial market difficulties and the charts below show the challenges the…
By Guy Faulconbridge MOSCOW (Reuters) – For more than 15 months Russia has been fighting a war in Ukraine that the Kremlin refused to call a war – but that is changing: President Vladimir Putin is using the word “war” more often. When Putin sent troops into Ukraine on Feb. 24 last year, he called…
SYDNEY (Reuters) – Australia said on Thursday it would introduce laws to the parliament next week banning public displays and sales of Nazi hate symbols, citing a rise in far-right activities at home. The swastika, one of the most recognisable symbols of Nazi propaganda, and the insignia of Schutzstaffel (SS), the paramilitary wing of the…
A look at the day ahead in European and global markets from Ankur Banerjee Another day, another surprise hike. After the Reserve Bank of Australia’s surprise earlier this week, it was the Bank of Canada’s turn to stun markets with a 25 basis-point hike that led traders to dial back expectations of the U.S. Federal…
BEIJING/HONG KONG (Reuters) -China’s largest commercial property developer Dalian Wanda Group on Thursday said it is appealing a court decision to freeze 1.9 billion yuan ($266.23 million) worth of shares it owns in a subsidiary. The group in a statement said it “is confident it will defend its legitimate rights”. Two Shanghai court notices dated…
(Reuters) -Standard Chartered is starting to lay off employees across Singapore, London, and Hong Kong hubs as part of an existing plan to cut costs by more than $1 billion through 2024, Bloomberg News reported on Wednesday. The British bank had previously said that it aims savings of $1.3 billion under a cost-efficiency program. The…
By Fatos Bytyci and Andrew Gray PRISTINA/BRUSSELS (Reuters) – The United States and the European Union told Kosovo on Wednesday to back down in a tense standoff with Serbs in the north of the country or face “consequences” from its longtime Western allies. The warnings came as U.S. and EU envoys concluded visits to Kosovo…
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) – The dollar’s renewed strength against most major currencies will not fade away anytime soon, according to FX strategists polled by Reuters, who said it would take rate cuts from the Federal Reserve to weaken the currency substantially. The greenback has recouped all of its roughly 3%…
