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Ukraine prepares potential move of sensitive data to another country

Government officials have already been shipping equipment and backups to more secure areas of Ukraine beyond the reach of Russian forces, who invaded on Feb. 24 and are laying siege to several cities

Oil falls 5% as fear among investors over Russian supply disruption eases

Brent had gained 28% in the previous six days of trading, and the Relative Strength Index, a momentum indicator, suggested the market was due for a selloff

Sri Lanka imposes import restrictions on 367 'non-essential' items

The import control by a Gazette notification dated March 9 makes the 367 items to be barred from importing without a valid license

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight

The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2

World stocks rise, oil retreats in 'less panicked' trading session

Moscow accused the United States on Wednesday of declaring an economic war on Russia, and said it was considering a response to the US ban on Russian oil and energy imports

China urges state refiners to halt April fuel exports, says report

Russia is the world's top exporter of crude and oil products combined, at around 7 million barrels per day

Oil slides 7% as UAE calls for OPEC boost amid Russian supply shock

Prices hit session lows after the Financial Times reported Yousef al-Otaiba, the UAE's ambassador to Washington, said the country favours increasing production

Nasdaq climbs 3%, Dow rises 2% on bargain hunting, easing oil prices

S&P 500 financials top S&P sectoral gainer; energy shares fall after strong rally this week

EU hits Russia with more sanctions, set to snub Ukraine on swift membership

EU targets 160 Russians, including oligarchs, also slaps sanctions on Belarus central bank, three lenders; EU leaders to discuss war in Ukraine at summit on Thursday

Indian companies stay put in Russia but pharma exports could be hit

Executives at Indian pharma companies Torrent Pharmaceuticals and Zydus Lifesciences said they saw little or no impact on sales due to the Ukraine conflict.

India's February fuel demand rises, but soaring crude may slow uptick

While India has been on a recovery path until now, high oil prices at present could lead to some demand destruction, says an analyst

Ukraine accuses Russia of bombing childrens' hospital in besieged Mariupol

Hospital hit by several Russian bombs, city council says while Moscow denies targeting civilians; Kyiv calls for ceasefire to restore Chernobyl power

Oil falls 5% on speculation US Russia oil ban won't add to supply shock

Oil also fell as the head of the IEA described the agency's decision to release 60 million barrels of oil from strategic reserves as 'an initial response' and said that more could be released

Bitcoin rallies after Biden signs executive order on digital assets

Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play

Wall Street jumps on tech, financials strength; Dow rises over 200 points

The Dow Jones Industrial Average rose 227.78 points, or 0.70%, at the open to 32,860.42.

Apple to chime louder in Asia with new 5G iPhone SE

New 5G SE model should help low-end appeal in Asia; Apple prices latest phone at $429

Food inflation on Ukraine crisis could force RBI's hand on rates: Economist

The RBI would like to keep interest rates unchanged for a while longer and not put any roadblocks in front of the Indian economy, says Moody's Analytics' Steve Cochrane

European stocks rebound as markets pause, oil prices cool down

Russia accused the United States of declaring an economic war, after U.S. President Joe Biden announced a ban on Russian oil exports on Tuesday.

Euro rallies ahead of ECB meet, Poland's zloty and Hungary's forint surge

Sterling rose 0.4% against the dollar to $1.3148, Poland's zloty jumped 1.8% against the greenback to 4.3808 and Hungary's forint surged 2.8% to 345.80.

Gold, palladium retreat from highs but Ukraine crisis looms

Key equity indices rebounded as investors picked up beaten-down stocks following a recent rout sparked by fears about growing Western sanctions on Russia for its invasion of Ukraine