MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling assets in Russia will be obliged to donate at least 10% of the sale price to the Russian budget, making life[...]
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Newsletter
Parts of Twitter source code leaked online, court filing shows
(Reuters) – Some parts of Twitter Inc’s source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, a legal[...]
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High & Dry: Banking crisis to further choke funding for cannabis sector
By Mrinalika Roy (Reuters) – The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and[...]
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Central bank tests spur global instant payment hopes
LONDON (Reuters) – A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global instant payments network accessible at the tap of a mobile phone. The abi[...]
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Nike sneakers fuel sales beat, excess apparel stocks still a drag
By Ananya Mariam Rajesh (Reuters) -Nike raised its full-year revenue outlook on Tuesday after reporting quarterly results that beat estimates, but warned of margin pressures as it continues to get rid[...]
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Tesla to deliver strong Q1 retail sales in China – brokerage data
SHANGHAI (Reuters) – Tesla is poised to report one of its best quarters in China, the latest retail sales data showed, after becoming the first electric vehicle maker in the country to cut price[...]
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Factbox-What can the ECB do to stop the banking crisis?
FRANKFURT (Reuters) – A Swiss orchestrated rescue of Credit Suisse by rival UBS has failed to calm nerves as investors worry which banks could be next in line. Here’s a look at the Europea[...]
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Column: Why Gen Xers and millennials should be following the U.S. Social Security debate
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller (Reuters) – Reforming Social Security may sound like an issue of interest mainly to older Americans[...]
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Global sell-off resumes after Credit Suisse renews worries; gold rallies
By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide[...]
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