By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on …
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Paramount CEO announces layoffs as cost pressures, take-private talks build – CNBC
by Reutersby Reuters(Reuters) – Paramount Global CEO Bob Bakish has announced layoffs at the media firm, as it needs to “operate as a leaner company and spend less,” CNBC reported on Thursday …
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Iraq, U.S. agree set up talks on future of U.S.-led coalition – statement
by Reutersby ReutersBAGHDAD (Reuters) – Baghdad and Washington have agreed to set up a committee to start talks on the future of the U.S.-led military coalition in Iraq with the aim of …
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NEW YORK CITY, NY – The New York City Police Department is seeking assistance in identifying an individual involved in a burglary. On Thursday, January 18, at approximately 2:10 am, …
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By Rachel More and Rene Wagner BERLIN (Reuters) – German business morale unexpectedly worsened in January, declining for the second month in a row as Europe’s largest economy struggles to …
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‘Like A Business That’s About To Go Bankrupt’: US Military Is Stretched Too Thin To Deal With Threats, Report Says
‘Like A Business That’s About To Go Bankrupt’: US Military Is Stretched Too Thin To Deal With Threats, Report Says Micaela Burrow on January 24, 2024 The U.S. military is …
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Indian banks urge return to call option valuation for perpetual bonds – sources
by Reutersby ReutersBy Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the …
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Exclusive-Malaysia set to appoint PNB chief to lead country’s biggest pension fund – sources
by Reutersby ReutersBy Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) -Malaysia is expected to name Ahmad Zulqarnain Onn, group CEO of the country’s largest asset manager Permodalan Nasional Berhad (PNB), as …
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US Navy intercepts missiles in Red Sea while escorting Maersk ships
by Reutersby ReutersCOPENHAGEN (Reuters) -Maersk said explosions nearby forced two ships operated by its U.S. subsidiary and carrying U.S. military supplies to turn around when they were transiting the Bab al-Mandab Strait …
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David Ellison makes offer for Paramount-owner National Amusements – Bloomberg News
by Reutersby Reuters(Reuters) -Skydance Media CEO David Ellison has made a preliminary offer to buy National Amusements, the holding company of the Redstone family, as a way to take control of Paramount …
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Societe Generale mulls putting digital bank Shine up for sale – Les Echos
by Reutersby ReutersPARIS (Reuters) – French lender Societe Generale is considering a sale of its digital bank for professional clients from the startup sphere called Shine, newspaper Les Echos reported on Wednesday, …
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PARIS (Reuters) – Stellantis will cut 600 jobs at its Mulhouse plant in eastern France, a company spokesperson said on Wednesday, adding the move would concern workers on time contracts …
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Exclusive – Europe set to agree on supply chain emergency powers next week, EU lawmaker says
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) – EU countries and lawmakers are expected to agree on rules next week which would force Europe-based companies to prioritise production of key products …
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Boeing installed piece that blew off Alaska MAX 9 jet – Seattle Times
by Reutersby Reuters(Reuters) – The door plug that blew off an Alaska Airlines MAX 9 jet this month was removed for repair and reinstalled by Boeing’s <BA.N> mechanics at its Renton assembly …
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US business activity picks up in January; inflation cooling – S&P Global survey
by Reutersby ReutersWASHINGTON (Reuters) – U.S. business activity picked up in January and inflation appeared to abate, with a measure of prices charged by companies for their products falling to the lowest …
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Michele Boland Sentenced for Embezzlement from Orchard Park Business
by Adam Devineby Adam DevineERIE COUNTY, NY – Michele Boland, 52, of Gowanda, received a 1 to 3-year prison sentence from State Supreme Court Justice Debra Givens. From 2016 to 2022, Boland, a bookkeeper, …
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Apple plans new fees, restrictions for downloads outside App Store – WSJ
by Reutersby Reuters(Reuters) – Apple plans to add new fees and restrictions when it starts allowing third-party software downloads outside its App Store, the Wall Street Journal reported on Wednesday. The news …
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Exclusive-China Evergrande offshore bondholder group to join liquidation petition – sources
by Reutersby ReutersBy Clare Jim HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing in a Hong …
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JAKARTA (Reuters) – Indonesia recorded a total of 744 trillion rupiah ($47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, the investment ministry said on …
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Japan Jan factory activity languishes, but service sector picks up – PMI
by Reutersby ReutersTOKYO (Reuters) – Japan’s factory activity shrank for the eight consecutive month in January amid weak demand, but the service sector saw strong gains as new business picked up, a …
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Exclusive-Trian’s big Disney bet drove fund’s 2023 underperformance – source
by Reutersby ReutersBy Svea Herbst-Bayliss (Reuters) – A $3 billion bet on Walt Disney by Nelson Peltz’s Trian Fund Management was largely responsible for the investment management firm’s underperformance last year relative …
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By Julia Payne and Jan Strupczewski BRUSSELS (Reuters) – The European Union is unlikely to confiscate Russian central bank assets frozen in Europe, despite G7 plans to discuss the legality …
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US seeks to stop citizens’ data exploitation for blackmail, espionage – Bloomberg News
by Reutersby Reuters(Reuters) – The United States plans to announce a new executive order to seek to prevent foreign adversaries from accessing troves of highly sensitive personal data about Americans and people …
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Jack Ma bought Alibaba shares worth $50 million in fourth quarter – NYT
by Reutersby Reuters(Reuters) – Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter, the New York Times reported on …
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Europe should boycott Alabama over nitrogen execution – peace group
by Reutersby ReutersBy Philip Pullella ROME (Reuters) – A peace group with close ties to the Vatican said on Tuesday it will appeal to European businesses and tourists to boycott the U.S. …