Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Disney's "Avengers: Endgame" is now the highest-grossing film of all time having earned $2.79 billion at the global box office.Entertainmentread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
emerging FX steady@
* Lira firms after opposition wins Istanbul election
* Oil gains help Russia's rouble
* All eyes of G20 meeting later this week
June 24 (Reuters) - Turkish assets rallied on Monday after the main opposition beat President Tayyip Erdogan's ruling AK Party in Istanbul's re-run mayoral election, while most emerging currencies held steady as investors cautiously awaited the G20 summit this week.
The lira firmed, touching 5.697 to the dollar, its highest in more than two weeks, after the opposition Republican People's Party won Sunday's repeat mayoral vote, dealing a major blow to the AKP.
Dollar-denominated bonds issued by Turkey's government rose across the curve, while the main stocks benchmark jumped 1.6%, helped by a rally in banking shares.
"This is undoubtedly good news for the lira and rates. USDTRY is already 1.8% lower and we can easily see it extending the correction further," Cristian Maggio, head of emerging markets strategy at TD Securities in London, wrote in a note.
"However, the AKP and Erdogan still have a few aces up their sleeves and we warn against excessive enthusiasm."
The news helped reverse some of the lira's sharp declines this year. Investor concerns about the outcome of the election, potential delays in broader economic reforms and strained ties between Ankara and Washington have put the lira among the worst performing emerging currencies this year.
Central bank data meanwhile showed business confidence among Turkish manufacturers rose to 102.5 points in June compared to 98.9 points in May.
Developing world markets have been buoyed in the past week by signs major central banks would tilt towards monetary policy loosening to spur global growth, hit by trade wars. The MSCI's index of emerging currencies posted its biggest weekly rise in two years on Friday after the U.S. Federal Reserve last week signalled interest rate cuts this year.
The main focus this week is a G20 meeting at which U.S. and Chinese leaders are expected to hold trade talks, with investors watching for any signs of a de-escalation in their trade war.
The more positive mood helped the South African rand stretch gains to a second day, while the Russian rouble traded near 10-month highs as the prospect of "significant" U.S. sanctions on Iran supported oil prices. Brent crude oil, a global benchmark for the country's main export, rose 0.8%.
Sri Lanka launched a sale of five-year and 10-year sovereign bonds, a senior government official told Reuters, its second international debt issue in three months. The government is seeking funds to repay debt after deadly bomb attacks last month.
Emerging stock markets made tepid moves, with Chinese stocks ending slightly higher on hopes on signs of thaw in the Sino-U.S. trade negotiations.
Russian stocks also gained, helped by shares of Gazprom. The gas giant said on Friday it completed its borrowing programme for 2019, but did not rule out issuing Eurobonds in euros, Swiss francs or yen at the end of the year.
For GRAPHIC on emerging market FX performance 2019, see http://tmsnrt.rs/2egbfVh For GRAPHIC on MSCI emerging index performance 2019, see https://tmsnrt.rs/2OusNdX
For TOP NEWS across emerging markets
For CENTRAL EUROPE market report, see
For TURKISH market report, see
For RUSSIAN market report, see (Reporting by Sruthi Shankar in Bengaluru, additional reporting by Karin Strohecker in London; Editing by Catherine Evans)