Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei is developing its own operating system for smartphones and laptops, but the company says it would only be used in "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 75 seats in Australia's parliament, one seat short of a 76-seat majority.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Russian forces have entered Ukraine, the country said on Thursday, with the Ukrainian Ambassador-at-Large warning that Russia could try to drag Ukraine and the West into war.
"What is happening now is an assault on world order. Russia is trying to drag Ukraine and the rest of the world into a war, a full-scale war that will allow it to deconstruct the existing order," Ambassador Dmytro Kuleba told CNBC on Thursday.
Earlier during the day, Ukrainian officials reported that Russian-backed separatists had swept into a key town in the east, Novoazovsk, which has been under pressure from them for two days.
"Russian troops have taken Novoazovsk, it's a very small city close to the border with Russia," Kuleba told CNBC.
The forces now have the potential to threaten Mariupol, a port city further along the Sea of Azov coast. Ukraine fears they could also launch counter-offensives on Ilovaysk and Shakhtarsk, east of the big city of Donetsk.
Ukraine's defense and security council tweeted this diagram on Thursday which is said illustrated the current security situation in eastern Ukraine:
A NATO military officer told Reuters that "well over 1,000" Russian troops were now operating inside Ukraine on Thursday. Reuters also reported that Finland had accused Russia of violating its airspace for the third time in less than a week.
As a result of the incursion, Ukrainian President Petro Poroshenko cancelled an official visit to Turkey. He said on Twitter:
Also on Twitter, Ukrainian Prime Minister Arseniy Yatsenyuk accused Russia of invading and called on the West to freeze Russian assets until it pulled out of of the country:
Two senior German lawmakers have called for further European Union sanctions against Russia in the light of developments.
Kuleba told CNBC: "We are working on a prompt response and reaction to this flagrant violation of international law and Ukrainian territorial integrity."
"We will defend ourselves, but we will not follow the path that was designed for us by the Russians and we strongly count on the support coming from the European Union and the United States on this particular situation," he added.
The United Nations Security Council will hold an emergency meeting to discuss Ukraine.
Russian stock indexes and the ruble fell sharply on Thursday, on dented hopes of a resolution to the crisis and increased risk of further western sanctions against Russia.
The ruble-denominated MICEX index closed down around 1.7 percent.
European stocks also ended lower on the allegations, with the German DAX—many of whose companies are reliant on Russian gas—hard hit. It closed unofficially lower by 1.2 percent, underperforming the pan-European STOXX 600.
The ruble fell sharply to 36.71 against the U.S. dollar, down 1.5 percent.
Shares in Sberbank, Russia's top bank, closed nearly 6 percent lower, even though it reported results that showed a 13 percent rise in second quarter net profit, beating analysts' forecasts.
The U.S. ambassador to Kiev, Geoffrey Pyatt, tweeted on Thursday:
The accusations follow Tuesday's presidential summit in Minsk between Poroshenko and Russia's Vladimir Putin, which failed to lead to any diplomatic breakthroughs despite discussion of a new ceasefire.
"We believe that financial markets have become excessively optimistic in the glow of encouraging statements. The fighting appears likely to continue," J.P. Morgan said in a research report.
J.P. Morgan recommended that investors move to underweight positions in Russian and Ukrainian sovereign bonds, arguing that further western sanctions have become more likely given the allegations of Russian regular troops entering Ukraine.
Reuters corrected this story to show that the statement on Ukraine's presidential website referred to Russian troops having been "brought into Ukraine'', not an invasion.