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Infosys slumps most in three years on weak guidance

BLOOMBERG Infosys Ltd nosedived 15%, the biggest intraday slump since October 2019, after the company’s guidance painted a negative outlook for India’s technology sector following turmoil at US and European banks. The IT services firm was hit by a wave of downgrades after saying sales growth will be just 4% to 7% this financial year because of a reduction in ...

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Putin stages surprise visit to troops in occupied Ukraine

BLOOMBERG Russian President Vladimir Putin visited troops in two occupied regions of Ukraine, according to video by the Kremlin, marking the second time in a month he’s toured territory seized in the more than year-old invasion. Putin was shown meeting officers of the Vostok National Guard in the eastern Ukrainian region of Luhansk and at the headquarters of the Dnepr ...

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Russia court rejects WSJ reporter’s appeal of spying arrest

BLOOMBERG The Moscow City Court rejected an appeal by Wall Street Journal (WSJ) reporter Evan Gershkovich against his detention on allegations of espionage in a high-profile case that’s highlighted the growing pressure on journalists in Russia. Gershkovich, 31, appeared smiling in the glass defendant’s cage when media were allowed into the courtroom before the hearing. It was the first time ...

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