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09 May

Morrisons clinches deal for UK retailer McColl's - Sky News

British supermarket group Morrisons has won a battle with the owners of rival Asda to buy convenience store chain McColl's out of administration, Sky News reported on Monday.

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09 May

Bitcoin falls to 22-month low as stock markets tumble

HONG KONG / LONDON (Reuters) -Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks.

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09 May

Fraport to rethink Russian airport stake if it's used against Ukraine

German airport operator Fraport said on Monday it would reconsider its stake in St. Petersburg Pulkovo if the airport was targeted by western sanctions or if there was evidence it was being used by Russia to wage war against Ukraine.

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09 May

Exclusive-Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky

The Biden administration ramped up a national security probe into Russia's AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks after Moscow invaded Ukraine, three people familiar with the matter told Reuters.

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09 May

German finance minister says risk of wage price spiral is real

Germany's finance minister warned on Monday that rising wages could further fan inflation, adding that parties involved in collective bargaining had a responsibility to help prevent that from happening.

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09 May

Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky

The Biden administration ramped up a national security probe into Russia's AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks after Moscow invaded Ukraine, three people familiar with the matter told Reuters.

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09 May

Stocks stumble on new growth fears, dollar extends rally

Stocks fell again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors' fears that the global economy is headed for a slowdown.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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