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Ericsson says no hardware exported to Russia, only software support

Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports.

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns after Moscow’s new mobilisation campaign in its war with Ukraine and an apparent deadlock in talks on reviving the Iran nuclear deal.

Analysis: Japan is chasing its tail on yen intervention

As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is running into numerous obstacles, chiefly its own stubborn commitment to ultra-easy monetary settings.

Russia’s Positive Technologies launches secondary share offer

Cybersecurity firm Positive Technologies is launching a secondary public offering (SPO) of up to 2.6 million common shares, it said on Monday, the first share sale by a Russian company since Moscow sent troops into Ukraine in February.

Ericsson says no hardware exported to Russia, only software support

Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports.

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns after Moscow’s new mobilisation campaign in its war with Ukraine and an apparent deadlock in talks on reviving the Iran nuclear deal.

Analysis: Japan is chasing its tail on yen intervention

As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is running into numerous obstacles, chiefly its own stubborn commitment to ultra-easy monetary settings.

Russia’s Positive Technologies launches secondary share offer

Cybersecurity firm Positive Technologies is launching a secondary public offering (SPO) of up to 2.6 million common shares, it said on Monday, the first share sale by a Russian company since Moscow sent troops into Ukraine in February.

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