Seeks further $500 mln from India for fuel Government priority to ensure supply of essentials To raise taxes and fuel prices within six months COLOMBO, April 9 (Reuters) – Sri Lanka will need about $3 billion in external assistance over the next six months to help restore supplies of essential items including fuel and medicine, … Read more
Sunak’s wife to pay British tax on global income Akshata Murthy is daughter of founder of Infosys Indian citizen previously only paid UK tax on UK income Row is latest setback for Sunak, possible future UK leader April 8 (Reuters) – Akshata Murthy, the wife of British finance minister Rishi Sunak, said on Friday that … Read more
EU bans Russian coal in first hit to energy imports Existing coal contracts must be terminated by start of August EU also bans imports of Russian chemicals, vodka, caviar Exports of technology, jet fuel to Russia banned More oligarchs, Putin’s daughters face asset freezes April 8 (Reuters) – The European Union on Friday formally adopted … Read more
LONDON, April 8 (Reuters) – European shares rebounded on Friday but world stocks were still on track for their first weekly loss in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors. Global risk appetite declined during the week as minutes from the Federal Reserve and European Central Bank showed … Read more
April 8 (Reuters) – Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies. The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games, dubbed “play-to-earn”, which blend … Read more
US stocks end higher 10-year Treasury yield rises Investors still digesting Fed signals NEW YORK, April 7 (Reuters) – Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while the US dollar climbed to its highest in nearly two years and the US Treasury 10-year yield touched a three-year high following hawkish … Read more
Follows SEC backing for vote after guidance change Filed by retail activist platform Tulipshare LONDON, April 7 (Reuters) – Amazon.com Inc. (AMZN.O), the world’s biggest retailer, will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top US securities regulator turned down the company’s request to skip … Read more
Concerns center around Twitter’s ability to moderate content Fear Musk’s views on moderation may allow trolling to flourish Twitter management, employees make daily decisions -spokesperson April 7 (Reuters) – News of Tesla (TSLA.O) Chief Executive Elon Musk taking a board seat at Twitter (TWTR.N) has some Twitter employees panicking over the future of the social … Read more
April 6 (Reuters) – Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first US interest rate increase. Minutes of the Fed’s March 15-16 meeting showed … Read more
Russia has demanded gas payments in rubles EU Commission has asked countries to stick to original contracts Hungary says EU has no role to play in bilateral contracts EU under pressure to increase sanctions against Russia BUDAPEST/LONDON, April 6 (Reuters) – Hungary said on Wednesday it was prepared to pay rubles for Russian gas, breaking … Read more
