By Helen Coster – Details about former U.S. President Donald Trump’s new social media app are trickling out as about 500 beta testers have begun using an early version of …
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JOHANNESBURG – Africa’s largest mobile operator by subscriber numbers, MTN said on Friday its profits for the year to Dec. 31 would probably rise by up to 35%, without giving …
- Financial News
Construction chemicals maker Sika posts highest-ever annual profit
by Reutersby Reuters-Sika posted a 27.1% jump in full-year net profit on Friday and proposed a 16% higher dividend, as the Swiss construction chemicals maker benefited from an upturn in building projects …
- Financial News
Intel sees no big profit margin gains before 2025, would mull consortium for Arm
by Reutersby ReutersBy Jane Lanhee Lee SAN FRANCISCO -Intel Corp expects its profit margin to drop this year and then be steady for several years as it invests in new technologies and …
- Financial News
Taiwan January export orders seen rising for 23rd straight month – Reuters poll
by Reutersby ReutersTAIPEI – Taiwan’s export orders likely rose in January for the 23rd straight month, a Reuters poll showed on Friday, supported by sustained global demand for semiconductors and tech products. …
- Financial News
Tokyo’s core consumer inflation seen picking up in February – Reuters poll
by Reutersby ReutersTOKYO – Core consumer prices in Tokyo likely rose in February at a faster rate than in the previous month on surging fuel costs, underlining the prospect of price pressures …
- Financial News
Thailand’s tourism-reliant economy likely returned to growth in Q4- Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU – Thailand’s economy likely returned to growth in the fourth quarter thanks to robust exports and easing of COVID-19 curbs, but the suspension of a quarantine …
- Financial News
China’s ‘dynamic’ zero-COVID strategy will boost economy – watchdog
by Reutersby ReutersSHANGHAI – China’s “dynamic clearance” strategy aimed at minimising COVID-19 infections is boosting the economy, not undermining it, the country’s top anti-corruption body said on Friday in response to concerns …
- Financial News
Next U.S. aviation safety chief will face Boeing, reform challenges
by Reutersby ReutersBy David Shepardson WASHINGTON – The next head of the U.S. Federal Aviation Administration (FAA) will face challenges overseeing Boeing Co and a series of reforms mandated by Congress in …
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By Daniel Leussink TOKYO – Japan’s core consumer prices rose for a fifth straight month in January but at a slower pace than in the previous month, boosting the likelihood …
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Genocide Games: How China’s Human Rights Abuses Went From Unthinkable To Undeniable
Philip Lenczycki on February 17, 2022 Eight countries and hundreds of human rights organizations have condemned China for committing human rights violations against minorities. Yet NBC’s coverage of the 2022 …
- Financial News
Europe and Mideast crude premiums soar, with few options for buyers
by Reutersby ReutersBy Florence Tan SINGAPORE -Spot premiums for crude oil produced in Europe and the Middle East have rocketed to record highs this month, tracking a rally in global prices as …
- Financial News
Asian refiners eager to resume Iranian oil imports as high prices bite
by Reutersby ReutersBy Yuka Obayashi and Heekyong Yang TOKYO/SEOUL -Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a …
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By John Kemp LONDON -U.S. distillate fuel oil stocks are on course to fall critically low between now and the middle of the year, creating conditions for a potential spike …
- Financial News
Jose Cuervo parent firm Becle posts 72% surge in Q4 profit as sales jump
by Reutersby ReutersMEXICO CITY -Mexican distiller Becle, the parent company of the popular Jose Cuervo tequila brand, on Thursday reported fourth-quarter net profit surged by nearly three-quarters, spurred by sales growth in …
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MEXICO CITY – Steel producer Ternium plans to spend around $1 billion on expanding its plant in northern Mexico, a top executive said during a call to discuss fourth-quarter results. …
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By Chuck Mikolajczak NEW YORK – U.S. stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors …
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– Warren Buffett said Berkshire Hathaway Inc’s recent investment in Activision Blizzard Inc has been “no bonanza” for Berkshire, and was made without knowing the video game maker would receive …
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WASHINGTON – The Federal Communications Commission (FCC) said on Thursday that voice service providers Bandwidth Inc and Vonage Holding lost a partial exemption from standards aimed at stopping robocalls and …
- Financial News
Celanese nears over $10 billion deal to buy DuPont unit – Bloomberg News
by Reutersby Reuters-Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc’s mobility and materials unit for more than $10 billion, Bloomberg News reported on Thursday, citing …
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Fed’s Mester: Rates should rise faster than after Great Recession
by Reutersby ReutersBy Jonnelle Marte -The Federal Reserve will need to move more aggressively to remove accommodation than it did following the Great Recession by raising interest rates at a faster pace …
- Financial News
Abbott recalls certain Similac baby formula made at Michigan facility
by Reutersby Reuters– Abbott Laboratories said on Thursday it was recalling powdered baby formulas, including Similac, made at a Michigan facility after four consumers complained about bacterial infections in infants who consumed …
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– Roku Inc reported quarterly revenue on Thursday that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming …
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By Jonathan Stempel NEW YORK -Tesla Inc and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an “endless” and …
- Financial News
Shake Shack fails to shake off Omicron impact, forecasts dour sales
by Reutersby Reuters-Shake Shack Inc forecast first-quarter revenue below estimates as the fast-spreading Omicron variant kept diners away and led to temporary restaurant closures, sending the burger chain’s shares down 10% in …