(Bloomberg) — A Russian telecommunications company has paid a coupon due Thursday on dollar bonds, in a relief to investors who fretted over whether Russian companies will continue servicing their foreign-currency bonds. Most Read from Bloomberg Search engine Yandex NV, the group’s entity based in The Netherlands, transferred $4.7 million to holders of its $1.25 billion bond due 2025, according to two bondholders who spoke on condition of anonymity. It’s the first foreign-currency coupon… Source link

Sanctions on Russia will likely have a significant impact on the global economy, a recent ING (ING) report found. “By now, we all know that Europe gets nearly 40% of its natural gas and 25% of its oil from Russia (this differs across countries), and is likely to be walloped with spikes in heating and gas bills, which are already soaring,” ING Global Head of Macro Carsten Brzeski wrote in a report released earlier this week. “Given that Ukraine and Russia have also been labelled as the global… Source link

A notorious Android banking trojan designed to steal user data, like passwords and text messages, has been discovered in Google Play and downloaded thousands of times. The TeaBot banking trojan, also known as Anatsa and Toddler, was first observed in May 2021 targeting European banks by stealing two-factor authentication codes sent by text message. A new report from Cleafy, an online fraud management and prevention solution, now says the malware has evolved to… Source link

Ford (F) sees electric vehicles representing half of global production volume by 2030. The auto giant is redefining its operation in order to outperform legacy automakers and EV competitors. CFO John Lawler said the untwining of its electric vehicle business (Ford Model e) and internal combustion engine business (Ford Blue) will provide focus and clarity as the Michigan-based automotive manufacturer further develops the Ford+ strategy. “It’s really about accelerating and being a first mover… Source link

Coffee consumption at home — which boomed during COVID-19 lockdowns — is here to stay despite momentum to return to the office, according to one top consumer brand. J.M. Smucker (SJM) CEO Mark Smucker told Yahoo Finance that “at-home consumption will stay elevated” with 70% of coffee drinking now happening at home, compared to 2/3 prior to the pandemic. With a hybrid model in mind, Smucker believes people will continue “working from home” and “potentially for a long time,” he added. In the… Source link

Google CEO Sundar Pichai (AP Photo/Jeff Chiu) ASSOCIATED PRESS How can you say we are sort of out of the pandemic without saying we’re out of the pandemic? During the Super Bowl, celebrities were out in force, flaunting that they weren’t wearing masks. Similarly, President Joe Biden’s State of the Union address showed that no one was wearing a facial covering. Another major sign is that Google is telling its San Francisco Bay Area workers to return to the… Source link

Watson and Borsje joined the Source Code podcast to discuss Glass, the state and future of social networking and what it takes to build something different. You can hear our full conversation on the latest episode of the Source Code podcast, or by clicking on the player above. Below are excerpts from our conversation, edited for length and clarity. Subscribe to the show: Apple Podcasts | Spotify | Overcast | Pocket Casts A theory I’ve always had is that you can tell the story of the internet… Source link

Even before Russia’s invasion of Ukraine, U.S. gas prices were rising rapidly — and are now marching toward a national average of $4 per gallon or higher in the coming months with the crisis showing no signs of abating. As sanctions isolate Moscow and crimp Russian energy supplies, skyrocketing crude oil and gas prices will impact consumers and businesses already facing the highest inflation levels since 1982. On Thursday, Brent (CL=F) briefly flirted with $120 per barrel, with U.S. oil ( Source link

Google is testing displaying in some local panel listing results within search if the local details of the business have been confirmed. Google is adding a label to the local listing that says “confirmed by phone” followed by when it was last confirmed; such as 8 weeks ago. What it looks like. Here is a screenshot I captured based on Saijo George spotting this and posting about it on Twitter: As you can see, it says this business listing was “confirmed by… Source link

UK rapid grocery company Yango Deli – which is owned by Kremlin-linked tech giant Yandex – has resisted repeated calls to speak out against Russia’s invasion of Ukraine. Russia’s largest technology company – which was banned in Ukraine in 2017 due to security concerns – launched its ultra-fast delivery service in 2019 in Moscow, and soon expanded into Tel Aviv and Paris. The 15-minute app-based grocer arrived in London in October last year. Yandex – which operates… Source link