Ukraine (Reuters) – Russian forces have killed 148 children during shelling and air strikes, fired 1,370 missiles and destroyed 15 Ukrainian airports since the start of the invasion on Feb. 24, Ukraine’s defence ministry said on Thursday. More than 10 …
BBVA gets regulatory backing to bid for all of Turkey’s Garanti
MADRID (Reuters) – Spain’s BBVA said on Thursday it had secured the regulatory approval needed to launch a voluntary takeover bid for the 50.15% stake it does not already own in its Turkish unit Garanti. On Nov. 15, BBVA offered to buy the remaining st…
Sterling bounces off 3-month low against euro
LONDON (Reuters) – Sterling rallied against the euro on Thursday amid a general drop in riskier currencies as investor anxiety intensified over the war in Ukraine. In the absence of any major economic or policy news, the pound traded in a narrow range …
Food stamp recipients are the new frontier for Target.com
By Arriana McLymore and Siddharth Cavale NEW YORK (Reuters) – Target Corp is preparing to let shoppers use food stamps to pay for online orders, following in the footsteps of Walmart Inc and Amazon.com, in a move that could help the nation’s seventh-la…
Social media interoperability project Bluesky names first employees
By Sheila Dang (Reuters) – Bluesky, a company funded by Twitter Inc to develop a new operating standard for social media, on Thursday will name its first three employees, more than two years after Twitter co-founder Jack Dorsey first announced the init…
Britain sanctions Russian media, targeting disinformation
By William James LONDON (Reuters) -Britain announced sanctions on 14 more Russian entities and people on Thursday, including state media organisations behind RT and Sputnik and some senior figures, saying it was targeting those who push out President V…
Build or buy? Automakers chasing Tesla rethink dependence on suppliers
By Tina Bellon and Joseph White (Reuters) -Automakers racing to develop battery-powered, software-driven vehicles to compete with Tesla Inc are confronting a new challenge: what technology to build themselves, and what to keep buying from suppliers. Be…
U.S. targets Russia’s technology sector in fresh sanctions
By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed fresh sanctions on Russia, targeting the technology sector, a sanctions evasion network and what it called “malicious cyber actors” while paving the way to act against add…
Oil plunges, global stocks fall as risk appetites flag
By Elizabeth Howcroft and Koh Gui Qing NEW YORK/LONDON (Reuters) -Global stocks fell on Thursday as recession concerns and the Russian-Ukranian war curbed demand for risky assets, while oil prices plunged over $5 on news that the United States may rele…
Explainer-Russia wants gas payments in roubles. Will buyers make the switch?
By Nina Chestney LONDON (Reuters) – President Vladimir Putin signed a decree on Thursday requiring foreign buyers to pay roubles for Russian gas from April 1 or see their contracts halted, a move described as “blackmail” by European states. WHAT IS BEH…