Page 954 - Reuters

Ukraine's richest man Rinat Akhmetov vows to rebuild besieged Mariupol

According to Forbes magazine, Akhmetov's net worth in 2013 reached $15.4 billion. It currently stands at $3.9 billion

More Chinese cities tighten controls as Shanghai Covid cases rise

Zhengzhou Airport Economic Zone, a central Chinese manufacturing area that includes Apple Inc supplier Foxconn, announced a 14-day lockdown on Friday "to be adjusted according to epidemic situation"

Russia attacks Kyiv, Lviv after Black Sea Fleet flagship sunk

Ukraine's military said Russian warplanes that took off from Belarus had also fired missiles at the Lviv region near the Polish border, where 4 cruise missiles were shot down by Ukrainian air defences

Pakistan's new government may have to roll back fuel, power sops

Former premier Imran Khan, who was ousted in a confidence vote earlier this week, announced a cut in petrol and electricity tariffs in February, despite soaring global prices

That sinking feeling: Pride of Russia's Black Sea fleet drowns

Russia said the ship sank while being towed in stormy seas after a fire caused by an explosion of ammunition

Twitter CEO tells employees company not 'held hostage' by Elon Musk offer

Twitter Chief Executive Officer Parag Agrawal told staff that the board was continuing to review Musk's offer, but that he was limited in what he could share with the employees

Bid for Twitter: Elon Musk's Buffett-like playbook may not work

Investment bankers, investors and analysts said he needed a blowout bid and more details on his financing for this strategy to work

Elon Musk deals Twitter a wild card as shareholders seek reforms: Analysis

Even if he fails to buy Twitter, the Tesla CEO, who recently disclosed a 9.6% stake, is seen as likely to vote in ways that could shake up the company at its virtual May 25 meeting

Ukraine says fighting rages around Mariupol steel plant, port

Ukraine says street fighting ongoing in Mariupol; Moscow says it captures steel plant in Mariupol

Twitter adopts 'poison pill' to fight Elon Musk's takeover offer

Under the plan, the rights will become exercisable if anyone acquires ownership of 15% or more of Twitter's outstanding common stock in a transaction not approved by the Board

India risks widespread blackouts this summer: Here's why

Since the middle of March, the grid has routinely reported maximum loads above 195,000 MW, including a peak of 199,584 MW on April 8 - less than 0.5% below the record

China cuts reserve requirements for banks as economy slows

China's exports, the last major growth driver, are also showing signs of fatigue, and some economists say the risks of a recession are rising

Shanghai reports slight drop in Covid cases as economic impact bites

China's efforts to stop the virus with a strict 'zero-COVID' policy are triggering economic disruptions that are rippling through global supply chains for goods from electric vehicles to iPhones

Ukraine crisis: Russia may be in default, says Moody's

If Moscow is declared in default, it would mark Russia's first major default on foreign bonds since the years following the 1917 Bolshevik revolution

Apple, others face shipment delays as China Covid curbs squeeze suppliers

China's race to stop the spread of Covid-19 has jammed highways and ports, stranded workers and left countless factories awaiting government approval to reopen

Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low

The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.

Euro hovers near two-year low vs dollar as ECB disappoints markets

The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827

Elon Musk wants to buy out Twitter in $43-billion unsolicited bid

Offer price of $54.20 per share is 38% premium to Twitter's Apr 1 close, the last trading day before his stake in the platform was made public

Gold dips, but set for weekly gain on safe-haven demand

Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion

Oil rises on news EU may phase in a ban on Russian oil imports

The New York Times reported that the European Union was moving toward adopting a phased-in ban of Russian oil, to give Germany and other countries time to arrange alternative suppliers