Business & Financial News, U.S & International Breaking News

The European Union is preparing to widen its sanctions on Myanmar's armed forces to target businesses they run, in protest at the Feb. 1 military coup, according to diplomats and two internal documents seen by Reuters.

The Nasdaq opened lower on Monday as the passage of a $1.9 trillion COVID-19 relief package by the U.S. Senate lifted bond yields, pressuring richly valued technology stocks and sparking inflation concerns.

The United States said on Monday it is committed to defending Saudi Arabia following drone and missile strikes claimed by Yemen's Iran-aligned Houthi movement, including on a Saudi facility vital to oil exports.

When Elon Musk's Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency.

Iran has quietly moved record amounts of crude oil to top client China in recent months, while India's state refiners have added Iranian oil to their annual import plans on the assumption that U.S. sanctions on the OPEC supplier will soon ease, according to six industry sources and Refinitiv data.

Nobel Peace Prize winner Malala Yousafzai has partnered with Apple Inc to produce several new programs including dramas, children series' and documentaries that would air on the tech giant's streaming service.