Page 970 - Reuters

Wall Street pauses stock comeback, keeps Treasury yields climbing

The Nasdaq fell about 0.16% as technology and healthcare stocks pulled back, while the Dow Jones Industrial Average and S&P 500 edged up about 0.5%

Saudi Aramco petroleum storage site hit by Houthi attack, fire erupts

The Iran-aligned Houthis have escalated attacks on the kingdom's oil facilities in recent weeks and ahead of a temporary truce for the Muslim holy month of Ramadan

Oil rises to over $120/bbl after Houthi attack on Saudi facilities

Saudi Arabia said it will not hold responsibility for any shortage of oil supplies in global markets caused by Houthi attacks on its oil facilities

US, European Union strike LNG deal to undercut Russian energy

The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine.

Russia's Gazprom seeks gas payments in euros from GAIL: Report

GAIL has a long-term gas import deal with Gazprom Marketing & Trading Singapore to annually buy 2.5 million tonnes of liquefied natural gas and has been settling trade with Gazprom in dollars

Bank of England sketches out first regulatory approach to crypto

Cryptoassets have come under the regulatory spotlight amid concerns they could be used to circumvent financial sanctions imposed on Russia since its invasion of Ukraine

Commodity prices set for 'best year since 1915': Report

A flurry of factors, such as the pandemic, lockdowns, civil unrest, war, excess monetary and fiscal stimulus and broken supply chains have resulted in epic inflation, BofA analysts said

Jhunjhunwala-backed Akasa Air plans first commercial flight in June

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube

New EU rules regulating US tech giants likely to set global standard

The Digital Markets Act (DMA) sets out a list of dos and don'ts targeting each tech giant's core business practices

Ukraine forces advance near Kyiv; Russia hints at scaled-back war aims

Moscow hinted it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists as Ukrainian forces went on the offensive, recapturing towns on outskirts of Kyiv

Russian forces cut off Ukraine's Chernihiv city, says mayor

City authorities had resorted to delivering water to districts in whatever containers they could find, while residents had to cook on open fires outside their homes

Ukraine crisis: Spotify says it will suspend service in Russia

The service is expected to end in early April, according to one person with knowledge of the situation

Gold prices head for weekly rise on safe-haven demand

Spot silver XAG= fell 0.3% to $25.44 per ounce, but was on track for a weekly rise of about 2%

Nasdaq leads Wall Street lower as tech stocks lose ground

S&P 500, Nasdaq eye second straight weekly gain; financial, energy among top S&P 500 weekly sectoral gainers

Dollar dips after two days of gains as commodity prices ease

The dollar index fell 0.112%, with the euro up 0.18% to $1.1016

Oil prices rebound after reports of fire at Saudi Aramco facility

A huge plume of black smoke was seen rising in Jeddah where oil giant Aramco has several oil facilities, witnesses said on Friday

Oil slips as Kazakh supply concerns ease, EU at odds on Russia embargo

Brent crude fell $1.29, or 1.1%, to $117.74 a barrel at 1049 GMT and U.S

Wall Street steadies as market focuses on rate outlook, Ukraine

Treasury yields rose as markets evaluated the possibility of bigger U.S. interest rates in store and the impact of Russia's war in Ukraine

Investors dump emerging market funds on slowdown worries

According to Refinitiv Lipper, a cumulative $8.1 billion has flowed out of EM equity funds and $5.73 billion from bond funds in the past four weeks

Euro edges higher as focus on Ukraine, yen rebounds vs dollar

The euro was edging higher on Friday, but concerns about a potential slowdown of the economy kept it in a tight range