Tag Archives: war

Ever since the onset of the Ukraine war, Russia, the invader, has met with stringent sanctions from the western nations, with many global enterprises suspending or terminating their Moscow-based operations. On Monday, March 14, web browser Mozilla Firefox removed the Russia-based search engine Yandex from its settings and replaced it with the default search of Google. The users of Mozilla Firefox were notified regarding the change today, as per the reports of Telecomtimes. Earlier, users… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. Global spending across iOS, Google Play and third-party Android app stores in China grew 19% in 2021 to reach $170 billion. Downloads… Source link

Costco (COST) has turned into the ultimate safe-haven investment (yet again) as markets have gotten uprooted due to the Russian war on Ukraine. Shares of the warehouse giant have gained about 8% since the war began in late February. The S&P 500 and Nasdaq Composite are down slightly during that same span. Walmart’s stock (WMT) is up 5% The buying activity likely reflects several factors. First is that Costco is a mostly U.S.-focused operation, meaning less relative geopolitical risk to the… Source link

There is much more the U.S. could do on the sanction front to penalize Russia for its war on Ukraine, points out Goldman Sachs Chief Economist Jan Hatzius. “The prospects for additional sanctions depend mainly on how the war in Ukraine unfolds, but at this point further escalation of sanctions seems likely,” Hatzius said in a new note to clients. The closely followed Hatzius laid out five additional actions the U.S. may take: Block more Russian individuals and related companies. Block additional… Source link

In April 2019, yoga instructor Naama Issachar was arrested as she tried to board a connecting flight in Moscow on her way home to Israel. Russian authorities said they searched Issachar’s luggage and found about 10 grams of marijuana. What elsewhere in the world might have drawn a slap on the wrist in Russia resulted in drug-trafficking charges and a seven-and-a-half-year prison sentence. Russia then reportedly dangled Issachar as a bargaining chip, offering to make a prisoner swap or to… Source link

Mandiant has attracted a second suitor, with Google joining public cloud rival Microsoft in attempting to buy the threat intelligence and incident response superstar. The move by Mountain View, Calif.-based search giant Google comes as some of its employees have privately discussed the need for more security firepower to compete with Microsoft Azure and Amazon Web Services, The Information reported. Bids for Mandiant were due at the end of February, and the value of a potential deal… Source link

Stocks dipped Monday and oil prices soared as investors nervously considered the potential for even higher inflation and greater global economic damage from Russia’s war in Ukraine and sanctions that have ensued. The S&P 500, Dow and Nasdaq declined but came off session lows from pre-market trading. Traders piled into safe haven assets, and gold prices (GC=F) briefly jumped above $2,000 per ounce for the first time since September 2020. U.S. Treasury yields advanced. In energy markets, Brent… Source link

We’re closing in on two weeks since Russian forces invaded Ukraine, starting Europe’s largest land war since 1945. So far, the Western nations have avoided commitments to oppose Russian arms directly, and have responded by sending munitions and humanitarian aid to Ukraine while instituting sanctions against Russia. The situation is complicated by Russian’s position as a major producer in the global energy markets, and Europe’s increasing reliance in the past decade on Russian natural… Source link

Yandex, the company often referred to as “Russia’s Google”, has become increasingly isolated as Western investors and key partners abandon it in the wake of Vladimir Putin’s war in Ukraine. More than 75 per cent of the company’s value has been wiped off in the past six months, while plummeting dramatically as Russian forces began their attacks last week. Trading in the company’s shares was halted on Monday because of volatility. Widely seen as one of the jewels in the… Source link

Stock futures opened higher Tuesday evening after sliding for a second straight session during the regular trading day, with jitters over Russia’s war in Ukraine and its implications for the global economy weighing on risk assets. Contracts on the S&P 500 recovered some earlier losses. Earlier, the blue-chip index slid 1.6%, extending Monday’s losses to kick off March trading on shaky footing. The Dow and Nasdaq each also fell sharply earlier, with risk assets reeling as investors… Source link