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03 Mar

Wall Street opens higher on banks, megacap boost

U.S. stock indexes opened higher on Thursday, powered by banks and megacap growth stocks that led a rally in the previous session after Federal Reserve Chair Jerome Powell pointed to a cautious tightening amid the Ukraine crisis.

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03 Mar

Europe could cut Russian gas imports by over a third in a year, IEA says

Europe could cut Russian gas imports by more than a third within a year, the International Energy Agency (IEA) said on Thursday in its 10-point plan on reducing reliance on Russia.

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03 Mar

Twitter expands crowdsourced fact check experiment 'Birdwatch'

Twitter Inc is expanding its crowdsourced fact-checking program by making notes on potentially misleading tweets visible to more people on Twitter, the company said in a blog post on Thursday.

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03 Mar

Wall Street eyes higher open as banks, megacaps rise

U.S. stock indexes were set for a higher open on Thursday, with all eyes on megacap growth stocks that led a rally in the previous session after Federal Reserve Chair Jerome Powell pointed to a cautious tightening amid the Ukraine crisis.

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03 Mar

U.S. Q4 productivity growth unrevised at 6.6% annualized rate

U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday.

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03 Mar

Palladium scales 7-month peak, gold firms as Ukraine crisis rages on

Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish Federal Reserve and safe-haven demand due to the Ukraine crisis boosted gold prices.

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03 Mar

IKEA temporarily closes stores in Russia, flags bigger price hikes

IKEA, the world's biggest furniture brand, is closing its stores in Russia and pausing all sourcing in the country and ally Belarus, joining the wave of Western firms curbing business with Russia after its invasion of Ukraine.

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