Page 1002 - Reuters

Future Retail suspends supermarket operations as Reliance plans takeover

Future Retail Ltd suspended most of its online and offline operations as stores remained shut on Sunday, after rival Reliance bid to take over its flagship supermarkets

Ukraine crisis: SWIFT blocking by the West deals a crippling blow to Russia

A decision by Western allies on Saturday to block selected Russian banks from the SWIFT payments system will inflict a crippling economic blow, but also cause much pain to their own companies and bank

Investors brace for volatility as the West moves to ban Russia from SWIFT

Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine.

Russian banks face exclusion as allies deploy 'financial nuclear weapon'

The US, Britain and European Union placed sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block access to the SWIFT international payment system

Berkshire Hathaway profit swells to record in Q4, extends buybacks

In his annual letter to Berkshire shareholders, Buffett said buybacks make 'good sense' when alternatives such as buying whole companies or more stocks appear 'unattractive'

Russian forces pound Ukraine for third day, Kyiv still in Ukrainian hands

Russian forces meet resistance in Ukrainian cities; Ukraine's president defiant but some panic in Kyiv

Internet in Ukraine disrupted as Russian troops advance

Disruptions to Ukraine's telecommunications networks could affect civilian defence groups that have been mobilising to defend their cities

Reliance to take over 200 Future stores' operations amid Amazon row: Report

The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles

Meta to bar Russian state media from running ads, monetizing on platform

Meta is the parent company of Facebook

Stocks rally, oil prices dip as investors digest sanctions on Russia

On Thursday, worries about the invasion lifted oil prices past $100 a barrel for the first time since 2014

Ukraine crisis: Kyiv prepares for assault as Russian troops enter capital

Ukrainian officials said a Russian aircraft had been shot down and crashed into a building in Kyiv overnight, setting it ablaze and injuring eight people

Swadeshi Jagran Manch urges government to reject new Air India CEO

This comes as government agencies carry out what one government official said were more intensive than usual background checks on Ayci

US consumer spending beats expectations in January; inflation rises further

The rebound in spending could further temper expectations for a sharp slowdown in economic growth in the first quarter

Oil prices take breather as Russia advances further on Ukraine

U.S. West Texas Intermediate (WTI) crude were down 30 cents, or 0.3%, to $92.51 a barrel, after hitting a session high of $95.64

Global stocks rise after Ukraine panic, oil back below $100-mark

By 1115 GMT, the Euro STOXX gained 1.78% higher while the FTSE 100 climbed 2.1%. Germany's DAX increased 1.3%

India bonds, rupee fall on week as geopolitical tensions weigh

India's benchmark 10-year bond yield ended at 6.75%, down 1 basis point from its previous close but yields on the week were up 9 basis points

Putin tells Xi that Russia willing to hold high-level talks with Ukraine

China has refused to call Russia's action in Ukraine an "invasion" or criticise Moscow despite intensifying assaults from Russia's military

No need to postpone Mobile World Congress over Ukraine crisis: Organiser

There are no plans to cancel or postpone the Mobile World Congress (MWC) in Barcelona over Russia's invasion of Ukraine, the chief executive of event organizer GSMA said

India plans urea import deal with Iran using rupee payments: Report

India plans to pay in rupees for its first long-term urea import deal with Iran to hedge itself from global supply disruptions, higher prices and forex volatilities

India may set up rupee trade accounts with Russia after sanctions: Report

India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi of Western sanctions imposed on Moscow, sources said