March 9 (Reuters) – Nestle (NESN.S), Philip Morris (PM.N) and Imperial Brands (IMB.L) joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble […]
US stocks climbed and oil prices dropped Wednesday, extending a volatile spell as investors track the economic fallout of the war in Ukraine. The S&P 500 rose 1.9%, while the technology-focused Nasdaq Composite Index added 2.3%. The Dow Jones Industrial Average advanced 590 points, gold 1.8%. All three indexes are poised to break a four-session […]
Representations of virtual cryptocurrencies are placed on US Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 9 (Reuters) – US President Joe Biden signed an executive order on Wednesday requiring the government to assess the risks and benefits of creating a […]
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer matched estimates with adjusted quarterly earnings of 69 cents per share, and revenue essentially in line with forecasts as well. Campbell’s adjusted gross margins slide 340 basis points due to cost inflation. It said demand trends are strong and […]
A man views a digital board showing Russian ruble exchange rates against the euro and the US dollar outside a currency exchange office. On March 2, 2022, the Russian ruble hit record lows with the US dollar and the euro rates reaching 110 and 122 at the Moscow Exchange respectively. Mikhail Metzel | CASS | […]
Russia again promises to let Ukrainians flee seats US bans Russian oil imports, UK to phase them out IEA chief says agency could release more oil from stocks Iran’s chief nuclear talks negotiator returns to Vienna US inventory report shows crude stocks rising LONDON, March 9 (Reuters) – Oil slipped towards $125 a barrel in […]
Refresh 2022-03-08T18:49:37.031Z This is our first post of this internet outage live blog – we’re investigating what’s going on now. 2022-03-08T18:54:27.100Z In the US, Downdetector is seeing outages for: Spotify Discord Wikipedia Amazon Web Services Twitter Facebook destiny Cloudflare instagram Youtube Google Cloud Twitch Multiple Apple services TikTok Snapchat 2022-03-08T18:57:16.810Z In the UK, the affected […]
The US ban on Russian oil could exacerbate already-spiking oil and food prices, analysts warned, and that could set off a recession if escalated further. If Russia retaliates by refusing to supply Europe with oil, that could “easily” send oil prices up another $20 to $30 per barrel, said Andy Lipow, president of Lipow Oil […]
Higher diesel prices have a domino effect on the economy. Many Americans are penny-pinching as the cost of food – and just about everything else – has gone up. As of Tuesday morning, the average price truck drivers were paying at the pump for diesel was $4.77, according to SONAR, a fuel tracking company. That’s […]
A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky Loh Register now for FREE unlimited access to Reuters.com Register Brent crude up 2.66%, above $131 per barrel US imposes ban on Russian oil, Britain to phase out imports MSCI Asia ex-Japan turns lower, Nikkei trims gains Gold slips from record highs […]
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