All Posts

U.S., allies slam Russia at U.N. over its seizure of Ukraine nuclear plant

U.S., allies slam Russia at U.N. over its seizure of Ukraine nuclear plant

By Humeyra Pamuk and Doina Chiacu (Reuters) -The United States and its allies heavil..

Russia seizes Ukraine nuclear power plant as forces lay siege to cities

Russia seizes Ukraine nuclear power plant as forces lay siege to cities

By Pavel Polityuk and Aleksandar Vasovic LVIV, Ukraine/KYIV (Reuters) -Russian force..

Tesla’s long-delayed German gigafactory gets conditional green light

Tesla’s long-delayed German gigafactory gets conditional green light

By Nadine Schimroszik and Christoph Steitz POTSDAM, Germany (Reuters) -Tesla receive..

Coinbase, Binance resist calls to kick Russians off crypto platforms

Coinbase, Binance resist calls to kick Russians off crypto platforms

By Niket Nishant (Reuters) -Two of the world’s biggest cryptocurrency exchange..

Switzerland adopts new EU sanctions on Russia

Switzerland adopts new EU sanctions on Russia

ZURICH (Reuters) – The Swiss government on Friday widened sanctions against Ru..

Sterling falls 1% versus dollar, rises against euro

Sterling falls 1% versus dollar, rises against euro

LONDON (Reuters) – Sterling declined 1% to $1.3216 as the dollar strengthened ..

Analysis-War in Ukraine puts pressure on East European banks to prop up sinking currencies

Analysis-War in Ukraine puts pressure on East European banks to prop up sinking currencies

By Gergely Szakacs and Alan Charlish BUDAPEST/WARSAW (Reuters) – Russia’..

Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group

Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group

By Timour Azhari and Tom Perry BEIRUT (Reuters) – Lebanon’s Bank Audi ha..

NATO rejects Ukraine no-fly zone, says ‘not part of this’ warBy Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine’s demand for no-fly zones on Friday, saying they were increasing support but that stepping in directly would lead to a broader, even more brutal European war so far limited to Russia’s assault on its neighbour. Ukraine, a former Soviet republic that wants to join the European Union and Western military alliance NATO, is not a currently a member of either. Support so far has come mainly in the form of far-reaching sanctions on Russia, with EU members on Friday saying more financial punishment was yet to come. “We are not part of this conflict,” NATO Secretary-General Jens Stoltenberg told a news conference. “We have a responsibility as NATO allies to prevent this war from escalating beyond Ukraine because that would be even more dangerous, more devastating and would cause even more human suffering.” Ukrainian President Volodymyr Zelenskiy has called for Western powers to enforce a no-fly zone since Moscow’s invasion started nine days ago, with Russia shelling cities and bringing fighting to Europe’s largest nuclear plant. In a video message earlier on Friday, Ukrainian Foreign Minister Dmytro Kuleba said NATO foreign ministers should not allow Putin to “turn Ukraine into Syria,” in reference to the devastating Russia-backed campaign against rebel cities in that country. “Act now before it’s too late,” he said in the message posted on Twitter. Stoltenberg said NATO understood Ukraine’s desperation, calling Russia’s war in Ukraine “horrific” and warning the worst was yet to come, with Russia rolling out more heavy arms. “But we also believe that if we did that (a no-fly zone) we would end up with something that could lead to a full-fledged war in Europe” involving many more countries, he said. NATO members have been sending arms to Ukraine, but stopped short of military action. Russia and NATO-members United States, Britain and France are all nuclear powers. The only way for NATO to implement a no-fly zone would be to send NATO planes to shoot down Russian ones, Stoltenberg said, adding that the risk of escalation would be too big. “Allies agree we should not have NATO planes operating over Ukrainian airspace or NATO troops operating in Ukrainian territory,” he said. U.S. Secretary of State Antony Blinken said the alliance would defend “every inch” of NATO territory from attack. “Ours is a defensive alliance. We seek no conflict. But if conflict comes to us, we are ready,” Blinken said. MORE EU SANCTIONS Instead of a military presence in Ukraine, European Union countries – most of them also NATO members – said they were eyeing more economic sanctions to add to coordinated restrictions that have already targeted Russia’s financial system and elites. EU officials are examining curbs on Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters. The bloc’s top diplomat Josep Borrell said that all options remained on the table with regard to new sanctions. It was not immediately clear, however, when the 27-nation EU would be able to agree on exact measures given member states’ divisions on doing business with Moscow and some countries’ heavy reliance on Russian energy supplies. “We will consider everything,” Borrell told reporters when asked about the possible suspension of the EU’s gas imports from Russia, which think-tank Eurointelligence said amount to $700 million daily even during the war. Ireland’s Foreign Minister Simon Coveney said no new sanctions would be announced on Friday but that a fourth round could affect more Russian banks’ access to the SWIFT international transfer system, bar Russian ships from European ports and cut imports like steel, timber, aluminium or coal. Putin launched his “special military operation” to get rid of what he said was Ukraine’s fascist government and demilitarize the country. Zelenskiy says Moscow is trying to prevent a liberal democracy flourishing on Russia’s border. Russian invasion forces seized Europe’s biggest nuclear power plant on Friday in heavy fighting in southeastern Ukraine, triggering global alarm, but a huge blaze in a training building has been extinguished and officials said the facility was now safe. “This is not just about Ukraine and Russia,” Ireland’s Coveney said. “It’s about all of us who live on the continent of Europe, who could potentially be impacted by an accident or a breach of that facility.” (Reporting by Sabine Siebold, Bart Meijer, Francesco Guarascio, Philip Blenkinsop, John Irish, Simon Lewis, Marine Strauss, Writing by Gabriela Baczynska and Ingrid Melander; Editing by Frank Jack Daniel)

NATO rejects Ukraine no-fly zone, says ‘not part of this’ warBy Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine’s demand for no-fly zones on Friday, saying they were increasing support but that stepping in directly would lead to a broader, even more brutal European war so far limited to Russia’s assault on its neighbour. Ukraine, a former Soviet republic that wants to join the European Union and Western military alliance NATO, is not a currently a member of either. Support so far has come mainly in the form of far-reaching sanctions on Russia, with EU members on Friday saying more financial punishment was yet to come. “We are not part of this conflict,” NATO Secretary-General Jens Stoltenberg told a news conference. “We have a responsibility as NATO allies to prevent this war from escalating beyond Ukraine because that would be even more dangerous, more devastating and would cause even more human suffering.” Ukrainian President Volodymyr Zelenskiy has called for Western powers to enforce a no-fly zone since Moscow’s invasion started nine days ago, with Russia shelling cities and bringing fighting to Europe’s largest nuclear plant. In a video message earlier on Friday, Ukrainian Foreign Minister Dmytro Kuleba said NATO foreign ministers should not allow Putin to “turn Ukraine into Syria,” in reference to the devastating Russia-backed campaign against rebel cities in that country. “Act now before it’s too late,” he said in the message posted on Twitter. Stoltenberg said NATO understood Ukraine’s desperation, calling Russia’s war in Ukraine “horrific” and warning the worst was yet to come, with Russia rolling out more heavy arms. “But we also believe that if we did that (a no-fly zone) we would end up with something that could lead to a full-fledged war in Europe” involving many more countries, he said. NATO members have been sending arms to Ukraine, but stopped short of military action. Russia and NATO-members United States, Britain and France are all nuclear powers. The only way for NATO to implement a no-fly zone would be to send NATO planes to shoot down Russian ones, Stoltenberg said, adding that the risk of escalation would be too big. “Allies agree we should not have NATO planes operating over Ukrainian airspace or NATO troops operating in Ukrainian territory,” he said. U.S. Secretary of State Antony Blinken said the alliance would defend “every inch” of NATO territory from attack. “Ours is a defensive alliance. We seek no conflict. But if conflict comes to us, we are ready,” Blinken said. MORE EU SANCTIONS Instead of a military presence in Ukraine, European Union countries – most of them also NATO members – said they were eyeing more economic sanctions to add to coordinated restrictions that have already targeted Russia’s financial system and elites. EU officials are examining curbs on Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters. The bloc’s top diplomat Josep Borrell said that all options remained on the table with regard to new sanctions. It was not immediately clear, however, when the 27-nation EU would be able to agree on exact measures given member states’ divisions on doing business with Moscow and some countries’ heavy reliance on Russian energy supplies. “We will consider everything,” Borrell told reporters when asked about the possible suspension of the EU’s gas imports from Russia, which think-tank Eurointelligence said amount to $700 million daily even during the war. Ireland’s Foreign Minister Simon Coveney said no new sanctions would be announced on Friday but that a fourth round could affect more Russian banks’ access to the SWIFT international transfer system, bar Russian ships from European ports and cut imports like steel, timber, aluminium or coal. Putin launched his “special military operation” to get rid of what he said was Ukraine’s fascist government and demilitarize the country. Zelenskiy says Moscow is trying to prevent a liberal democracy flourishing on Russia’s border. Russian invasion forces seized Europe’s biggest nuclear power plant on Friday in heavy fighting in southeastern Ukraine, triggering global alarm, but a huge blaze in a training building has been extinguished and officials said the facility was now safe. “This is not just about Ukraine and Russia,” Ireland’s Coveney said. “It’s about all of us who live on the continent of Europe, who could potentially be impacted by an accident or a breach of that facility.” (Reporting by Sabine Siebold, Bart Meijer, Francesco Guarascio, Philip Blenkinsop, John Irish, Simon Lewis, Marine Strauss, Writing by Gabriela Baczynska and Ingrid Melander; Editing by Frank Jack Daniel)

By Simon Lewis and Sabine Siebold BRUSSELS (Reuters) -NATO allies rejected Ukraine&#..

Russia’s offer to foreign firms: stay, leave or hand over the keys

Russia’s offer to foreign firms: stay, leave or hand over the keys

MOSCOW (Reuters) -Companies around the globe grappled with a dilemma over what to do..

Ukraine to confront Russia at Int’l Court of Justice on Monday

Ukraine to confront Russia at Int’l Court of Justice on Monday

THE HAGUE (Reuters) – Ukraine and Russia will face off Monday at the Internati..

Oil steadies from decade-highs as Iran talks kindle supply hopes

Oil steadies from decade-highs as Iran talks kindle supply hopes

By Marcy de Luna HOUSTON (Reuters) – Oil steadied after hitting prices not see..

Russian ETF jumps as some sense bargains in ‘uninvestable’ market

Russian ETF jumps as some sense bargains in ‘uninvestable’ market

By Danilo Masoni MILAN (Reuters) – A Russia-exposed ETF rose by more than 100%..

Ukraine demands ceasefire, humanitarian corridors at talks with Russians

Ukraine demands ceasefire, humanitarian corridors at talks with Russians

By Maksym Levin and Pavel Polityuk BORODYANKA/LVIV, Ukraine (Reuters) – Ukrain..

Stocks slide as oil surge rattles inflation fears

Stocks slide as oil surge rattles inflation fears

By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices soared..

Google mandates workers back to Silicon Valley, other offices from April 4

Google mandates workers back to Silicon Valley, other offices from April 4

By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google from Ap..

Generali pulls back from Russia, Intesa reviews business

Generali pulls back from Russia, Intesa reviews business

MILAN (Reuters) – Leading Italian insurer Generali is set to pull out of its o..

Analysis-Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor

Analysis-Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor

By Tom Wilson LONDON (Reuters) – Some of the world’s biggest cryptocurre..

ExtraHop Report: Ransomware Continues to Hinder 85% of Organisations, but UK Leads the Way in Refusal to Pay Hackers

ExtraHop Report: Ransomware Continues to Hinder 85% of Organisations, but UK Leads the Way in Refusal to Pay Hackers

Newly released Cyber Confidence Survey reveals false sense of security felt by secur..

Skill shortages and the future business challenges we must not ignore

Skill shortages and the future business challenges we must not ignore

Mike Snape, Partner at Oliver Wight EAME We are seeing many of the challenges that f..

Syapse Partners with Infor to Revolutionize Cancer Care

Syapse Partners with Infor to Revolutionize Cancer Care

NEW YORK – Feb. 24, 2022 – Infor, the industry cloud company, today announced the su..

New Malware Capable of Controlling Social Media Accounts Infects 5,000+ Machines and is actively being Distributed via Gaming Applications on Microsoft’s Official Store

New Malware Capable of Controlling Social Media Accounts Infects 5,000+ Machines and is actively being Distributed via Gaming Applications on Microsoft’s Official Store

Check Point Research (CPR) spots new malware that is actively being distributed thro..

Infor Strengthens its Position in the Czech Republic’s Manufacturing Sector

Infor Strengthens its Position in the Czech Republic’s Manufacturing Sector

Zetor Tractors is one of the latest Infor ERP customers  PRAGUE – February 23 2022 –..

Contentstack Now Runs on Microsoft Azure, Becoming the Only Multi-Cloud SaaS Content Management System on the Market

Contentstack Now Runs on Microsoft Azure, Becoming the Only Multi-Cloud SaaS Content Management System on the Market

SAN FRANCISCO, Feb. 24, 2022 – Contentstack, the leading Agile Content Managem..

Supply Chain Attacks: How cybercriminals exploit the trust between organizations

Supply Chain Attacks: How cybercriminals exploit the trust between organizations

With a 650% increase in supply chain attacks, Check Point Software says implementing..

Investors seek bargains as Ukraine keeps markets on edge

Investors seek bargains as Ukraine keeps markets on edge

By Sujata Rao and Lewis Krauskopf LONDON/NEW YORK (Reuters) -Money managers are scan..

Euro weakens, rouble slumps as sanctions piled on Russia

Euro weakens, rouble slumps as sanctions piled on Russia

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The Russian rouble plunged and the euro nur..

Analysis-After sanctions barrage, Russia’s emerging market allies explore workarounds

Analysis-After sanctions barrage, Russia’s emerging market allies explore workarounds

SHANGHAI (Reuters) – As western governments ratchet up sanctions against Russi..

Ukraine asks for South Korea cybersecurity aid amid Russia invasion

Ukraine asks for South Korea cybersecurity aid amid Russia invasion

By Hyonhee Shin SEOUL (Reuters) – The top Ukraine official in South Korea said..

Dollar surges as Russia invades Ukraine

Dollar surges as Russia invades Ukraine

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar jumped and the Russi..

Adverty releases Unity SDK 4.0, with 2D games support and a refreshed suite of high-quality ad assets for the ultimate in-game advertising experience

Adverty releases Unity SDK 4.0, with 2D games support and a refreshed suite of high-quality ad assets for the ultimate in-game advertising experience

Adverty AB (publ) today announces the release of its SDK 4.0, with support for both ..

White Bullet’s collaboration with Poland’s Sygnał Association makes a significant dent in ad-funded piracy in this key European market

White Bullet’s collaboration with Poland’s Sygnał Association makes a significant dent in ad-funded piracy in this key European market

White Bullet’s latest report for Sygnał shows clear and significant reductions in ad..

Europe’s banks brace for Russia fallout while U.S. banks see limited pain

Europe’s banks brace for Russia fallout while U.S. banks see limited pain

By Lawrence White, Alexandra Schwarz-Goerlich and Pete Schroeder WASHINGTON/VIENNA/L..

Stocks extend sell-off as U.S. warns of imminent Russian invasion of Ukraine

Stocks extend sell-off as U.S. warns of imminent Russian invasion of Ukraine

By Andrew Galbraith SHANGHAI (Reuters) – Global stocks extended a sell-off, th..

U.S. says Russia on brink of Ukraine attack after separatist plea for help

U.S. says Russia on brink of Ukraine attack after separatist plea for help

By Pavel Polityuk and Polina Nikolskaya KYIV/DONETSK (Reuters) -U.S. Secretary of St..

Meta’s Zuckerberg unveils AI projects aimed at building metaverse future

Meta’s Zuckerberg unveils AI projects aimed at building metaverse future

By Elizabeth Culliford (Reuters) -Facebook-owner Meta is working on artificial intel..

Global Banking & Finance Awards® 2021- Next 100 Global Awards

Global Banking & Finance Awards® 2021- Next 100 Global Awards

The Next 100 Global Companies to watch highlights some of the most exciting, innovat..