Europe

Rouble hits over 2-month high vs dollar, Russian stocks stutter

Reuters | September 29, 2022

By Alexander Marrow MOSCOW (Reuters) – The Russian rouble surged to a more than two-month high against the dollar on Thursday, while geopolitical headwinds halted a tentative recovery on stock markets as President Vladimir Putin prepared to annex four Ukrainian territories. Putin will on Friday begin formally annexing 15% of Ukrainian territory, presiding at a […]

Breakfast in, shopping out: tourists to the U.S. hit by soaring dollar

Reuters | September 29, 2022

By Noel Randewich, John McCrank and Alun John SAN FRANCISCO/NEW YORK/LONDON (Reuters) – In the weeks before heading to San Francisco for their vacation this month, Jeff Skipper and his wife Valerie, from the United Kingdom, watched helplessly as the U.S. dollar continued its meteoric rise against the British pound. The sterling/dollar exchange rate – […]

Amazon, Google slam Microsoft’s cloud computing changes

Reuters | August 30, 2022

By Foo Yun Chee BRUSSELS (Reuters) – Amazon and Alphabet unit Google criticised Microsoft’s cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers. The U.S. software giant on Monday announced amended licensing deals and other changes that will take effect on Oct. 1 and which […]