Author: News Room

By Max Hunder KYIV (Reuters) – Russia on Friday staged its largest air strike on Ukrainian energy infrastructure of the war, hitting a vast dam, killing at least five people and leaving more than a million others without electricity, Kyiv said. Ukraine, which has long urged allies to supply more air defences, said its energy system had received emergency power supplies from neighbouring Poland, Romania and Slovakia, as seven of its regions faced blackouts. The attack by Russia, which vowed last week to punish Kyiv for conducting attacks and strikes during its presidential election, brought back memories of the first…

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. The Justice Department’s lawsuit against Apple wants to break the company’s notoriously tight grip on the iPhone, the device that’s made it one of the biggest and most profitable companies on the planet. But regardless of what happens in court, the case is already shining a light on the two faces of Apple: the cool, high-end tech brand that customers adore; and the ruthless, unavoidable behemoth that developers loathe. Here’s the deal: The Feds say Apple is…

The Pound Sterling tumbles on increasing expectations that the BoE will opt for interest-rate cuts later this year. BoE Mann’s support for keeping interest rates unchanged in March boosted BoE rate cut prospects. UK Retail Sales data for February came in better than expected, although signaling little spending momentum among households. The Pound Sterling (GBP) remains vulnerable against the US Dollar in Friday’s late London session as the market sentiment is quite bearish. The GBP/USD pair fails to find support as increasing expectations that the Bank of England (BoE) will cut interest rates this year outweigh February Retail Sales data, which broadly…

Bitcoin (BTC) has recently found itself at the center of significant speculative attention. Recent analyses by prominent crypto analysts, including Jelle, suggest that Bitcoin might be forming an inverse head and shoulders pattern, a development that has historically been associated with potential bullish market trends. The inverse head and shoulders pattern is a chart formation that predicts the reversal of a current downtrend into a new uptrend. It is characterized by three troughs, with the middle trough (the head) being the deepest and the two outside troughs (the shoulders) being shallower. According to Jelle, Bitcoin may be in the cards…

Manhattan prosecutors say fewer than 270 documents recently turned over to Donald Trump by federal authorities are new and relevant to the criminal case involving hush money payments and no further delay to the trial is warranted. Prosecutors with the Manhattan district attorney’s office also told the judge that no sanctions were warranted and placed the blame on Trump’s lawyers for the late disclosure of records from the US attorney’s office for the Southern District of New York. Trump asked Judge Juan Merchan to dismiss the indictment and delay the trial for 90 days, alleging prosecutors withheld information from them…

SCOTTSDALE, AZ. – There’s a left-hander opening eyes and shutting down opponents for the San Francisco Giants – and his name is not Blake Snell. It is rookie Kyle Harrison, slated to be in the rotation with Opening Day starter Logan Webb, hard-throwing Jordan Hicks, fellow rookie Keaton Winn and Snell. Veterans Alex Cobb and Robbie Ray, the 2021 American League Cy Young Award winner, are due back from injuries just before and after midseason, respectively. Snell, 31, signed March 18 to a two-year, $62 million contract, is the reigning NL Cy Young winner. He also won the award in…

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A Russian ship fired on a fishing trawler during a military exercise, killing 3, a source told local media.Official sources said only that the trawler had caught on fire, and that one person was killed.A relative of one victim said Russian secret services told them not to talk about the incident. A Russian warship on military exercises in the Baltic Sea accidentally fired on a Russian fishing trawler, killing three people, a relative of one of the victims told local media.On Tuesday, Russian media cited officials as saying that four people were injured and another had died in a fire…

Russia has clung to the term “special military operation” to describe its invasion of Ukraine.But a Kremlin spokesperson admitted on Friday that “we are in a state of war,” blaming the West. Putin signed a law effectively criminalizing calling the attack on Ukraine a “war” or “invasion.” Russia is finally calling its invasion of Ukraine a “war,” after spending more than two years describing it euphemistically as a “special military operation.”The change became clear on Friday when Kremlin spokesperson Dmitry Peskov spoke to Russian publication Arguments and Facts.Peskov said: “We are in a state of war. Yes, it started out as…

By Francois Murphy SALZBURG, Austria (Reuters) -Salzburg, the home of Mozart and “The Sound of Music”, is not a place known for radical change. The picturesque Austrian city, which draws tourists from around the world to its baroque palaces, Christmas market and summer festival of classical music and theatre, has had mayors from only two centrist parties since World War Two. But now residents’ growing exasperation at some of the highest housing costs in Austria could push them to elect a young Communist as mayor in a run-off election on Sunday. “Our key issue, affordable housing, is not just an…