BUSINESS

The U.S. Securities and Exchange Commission (SEC) on Friday said it ordered venture capital fund Alumni Ventures Group LLC (AVG) to repay $4.7 million to affected funds and pay a $700,000 penalty for making misleading fee statements and breaching operating agreements.

The National Highway Traffic Safety Administration (NHTSA) said on Friday it denied a General Motors Co request that would have allowed the automaker to avoid fixing headlight glare problems on about 725,000 U.S.

Russia's invasion of Ukraine is putting pressure on central banks along the European Union's eastern flank to prop up their weakening currencies, forcing Czech and Polish rate-setters into market interventions and Hungary into prolonged rate hikes.

'Entire life gone': Russian shells turn homes to ash on Kyiv front

Ford will close its Kentucky and Ohio production plants next week due to a shortage of semiconductor chips.

Tesla finally gets green light to start production in Germany

Cultural iron curtain falls for Russian musicians

Brazil exits recession, but faces tough year

Costco's memberships last saw an increase in June 2017.

Tesla Inc received a conditional go-ahead for its German gigafactory near Berlin on Friday, the state of Brandenburg said, ending months of delay for the 5 billion euro ($5.5 billion) landmark plant.

Federal Reserve Bank of Chicago President Charles Evans on Friday said the U.S.

Microsoft 'suspends' new sales of products, services in Russia

Ukraine: a nuclear-powered nation under fire

Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies - albeit bracing for growing uncertainty - taking a cue from Beijing's stance of refraining from criticizing Moscow over its invasion of Ukraine.

Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group's Vision Fund 2 as its investors, is aiming to go public in early 2023, a source familiar with the matter told Reuters.

Geopolitics and technology intertwined at the Mobile World Congress this week as more than 61,000 people gathered in the Spanish city of Barcelona even as Russia's invasion of Ukraine overshadowed one of the pandemic's most-attended conferences.

The world's leading luxury brands said on Friday that they planned to temporarily close stores and pause business operations in Russia.

Birkin bag maker Hermes and Cartier owner Richemont said on Friday they are temporarily closing Russian stores and pausing all commercial activities in the country, the first major global luxury firms to announce such a move.

Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.

Melanie Perkins vowed to donate the majority of her stake in Canva to humanitarian organizations through the Canva Foundation.

Stocks sink, gas and oil prices soar over Ukraine fears

Russia backs jail time for 'fake' army news, restricts media

Canada's main stock index inched higher on Friday, and was on track to gain for a second consecutive week as commodity-linked shares advanced, although an escalating Russia-Ukraine crisis kept sentiment in check.

A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are disrupted by sanctions after its invasion of Ukraine, a Reuters poll showed on Friday.

A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are disrupted by sanctions after its invasion of Ukraine, a Reuters poll showed on Friday.

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing "fake news" raised the stakes in Moscow's fight with foreign corporation.

RWE on Friday said one of its long-term gas contracts with a Russian supplier was dormant, limiting the exposure for Germany's largest power producer in case supplies are disrupted as a result of the Ukraine crisis.

Russia's global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities and some insurers withdrew cover from exporters over Moscow's invasion of Ukraine.

At least 56 dead, 194 injured in suicide attack on Pakistan Shiite mosque