Microsoft unveils fourth data center in India

NEW DELHI, March 7 (Reuters) – Microsoft Corp (MSFT.O) unveiled its fourth data center in India on Monday, betting on rising digital consumption in one of its fastest-growing markets. Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, although he declined to confirm reports by local media of a … Read more

Wall St slides as oil prices surge, Nasdaq confirms bear market

Dow industrials confirm correction Financial, travel shares lead declines Energy stocks outperform broader market Oil prices hit highest levels since 2008 Indexes down: Dow 2.37%, S&P 2.95%, Nasdaq 3.62% March 7 (Reuters) – Wall Street’s main indexes fell sharply on Monday, with the Nasdaq Composite confirming it was in a bear market, as the prospect … Read more

Oil prices hit 14-year highs on Russia oil ban talks, Iran deal delay

Brent, WTI jump to highest levels since 2008 US, Europe discuss banning Russian oil imports Iranian nuclear talks clouded by Russian demands US and Venezuela discussed oil sanctions BENGALURU, March 7 (Reuters) – Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies … Read more

Uniqlo owner stays put in Russia as Levi, AMEX and others sever ties

Uniqlo’s Russian stores to stay open Danone suspends investments in country KPMG, PwC, EY, Deloitte all cut ties with local units American Express calls Ukraine attack ‘unjustified’ March 7 (Reuters) – Uniqlo owner Fast Retailing (9983.T) will keep its stores in Russia open, joining a small group of international firms that are staying put even … Read more