Russia blocks Facebook, passes “fake news” law; Microsoft, EA stops sales

Extensive Western sanctions create a minefield for investors Exxon faces a “complicated process” on its way out SocGen warned that he may be deprived of Russian assets Toyota stops production, Pirelli’s Russian plants continue Banks count every change in the cost of the penalties March 4 (Reuters) – Russia said it would block Facebook for … Read more

Sportswear company Fanatics buys Mitchell & Ness with Jay-Z, other celebrities

FILE PHOTO – Shawn “Jay-Z” Carter, a founding partner of Reform Alliance, a newly formed organization to reform the US criminal justice system, appears at the Reform Alliance launch event in New York City, New York ., USA, January 23, 2019. REUTERS / Mike Segar Register now for FREE unlimited access to Reuters.com Sign in … Read more

How Crypto.com is betting big on sports partnerships to reach one billion users

A representation of the cryptocurrency bitcoin and Ethereum placed on US dollars in this illustration taken on January 24, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Sign in Feb. 14 (Reuters) – Crypto companies are betting that sports advertising will help them go mainstream, … Read more

Royal Caribbean’s return to profit was delayed by Omicron’s surge

A view of Royal Caribbean Cruises’ largest cruise ship in the world, the 362-meter-long Symphony of the Seas, during its world unveiling ceremony, docked in a port in Malaga, Spain on March 27, 2018. REUTERS / Jon Nazca / Photo file Register now for FREE unlimited access to Reuters.com Sign in Feb 4 (Reuters) – … Read more

Wall St Week Ahead Cryptocurrency investors face increased uncertainty after the rough start of 2022

NEW YORK, Feb.11 (Reuters) – Investors are bracing for further rounds of bitcoin and other cryptocurrencies as concerns over an aggressive Federal Reserve threaten to stifle risk appetite in markets. The volatility traditionally associated with cryptocurrencies has been amply shown in the past few weeks. Bitcoin, the largest cryptocurrency, has risen about 33% since January … Read more

Furious Peloton fans, key celebrity trainers for the future

NEW YORK, Feb.11 (Reuters) – Peloton Interactive Inc (PTON.O) trainers are proving as valuable as its stationary bikes to help the company survive the pandemic. Sales of Peloton flourished as people bought the company’s home fitness equipment as COVID-19 forced companies and offices to close. Its fortunes waned as vaccinations increased, gyms reopened and rivals … Read more

Loved ones of the pandemic face the boot as investors’ eyes return to normal life

LONDON, Jan. 21 (Reuters) – The home market, dear Netflix, collapsed on Friday, joining a large drop in the shares of other pandemic favorites this week as investors assessed expectations for a return to normal life with more countries. which gradually loosen COVID restrictions. The selloff, which began after Netflix and Peloton (PTON.O) posted disappointing … Read more

The Wall Street rally fades as the Fed’s heightened fears scare investors

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, USA, October 26, 2020. REUTERS / Mike Segar Register now for FREE unlimited access to Reuters.com Sign in Crude oil prices hit new highs in seven years and then slipped Dollar, higher gold … Read more

India, Tesla in “strange stalemate” on requests for tax cuts without sources of investment commitment

The Tesla carmaker logo can be seen at a dealership in London, Great Britain on May 14, 2021. REUTERS / Matthew Child Register now for FREE unlimited access to Reuters.com Sign in NEW DELHI, Jan. 20 (Reuters) – Talks between India and Tesla Inc (TSLA.O) over potential tax benefits are stalled as the government is … Read more

Bitcoin investors are aiming for the long haul in “mind-boggling” change.

Jan 17 (Reuters) – As bitcoin heads into 2022, a growing cohort of long-term investors are doubling down on its cryptocurrency holdings, hoping that a December drop was just a festive twist. Some industry observers point to the underlying stability of such long-term investments as potentially promising indicators for the capricious cryptocurrency. Since last July, … Read more