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Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Cryptocurrency

25 Feb 2022

E-money Operations Banned in Ukraine After Russian Invasion

The Index Today

Cash withdrawals by the Ukrainian issuer have been limited to 100 thousand hryvnias, equivalent to about $3,300 USD.

Ukrainians will only be able to carry out operations in their local currency as part of the measures adopted by the government to preserve the financial system.

The president of the Czech Republic has proposed disconnecting Russia from the international payment system while Russia’s leader of the opposition Garry Kasparov expresses that Ukraine should be supported militarily with “weapons, intel and cyber [facilities].”

Clay pottery with table linens

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