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Tag:

business

  • MIsc. News

    Video-game market recovery to pick up steam in 2024 on strong console sales – report

    by Reuters January 23, 2024
    by Reuters January 23, 2024

    (Reuters) – A recovery in the global video-game market is expected to pick up pace this year on the back of strong sales of Microsoft’s Xbox and Sony’s PlayStation 5 …

  • MIsc. News

    Euro zone banks expect small bounce in loan demand – ECB poll

    by Reuters January 23, 2024
    by Reuters January 23, 2024

    FRANKFURT (Reuters) -Euro zone banks expect a small rebound in the demand for mortgages and corporate loans for the first time in two years as a slump in lending shows …

  • MIsc. News

    Jailed Kremlin critic Navalny put in solitary confinement in Arctic prison – spokesperson

    by Reuters January 23, 2024
    by Reuters January 23, 2024

    (Reuters) – Jailed Kremlin critic Alexei Navalny has been placed in solitary confinement for 10 days in a prison above the Arctic circle for “incorrectly introducing himself” to a guard, …

  • MIsc. News

    Burundi economy to expand 4.3% in 2024 vs 2.7% last year – IMF

    by Reuters January 23, 2024
    by Reuters January 23, 2024

    NAIROBI (Reuters) – Burundi’s economy is projected to expand 4.3% this year from 2.7% in 2023, helped by improved performance in the agriculture sector, the International Monetary Fund said. With …

  • MIsc. News

    Australia Dec business conditions ease, price pressures cool

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    SYDNEY (Reuters) – Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures eased markedly in a promising …

  • MIsc. News

    Business leaders flag upcoming election, security as top concerns in Mexico

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Only five months ahead of Mexico’s presidential election, a survey of business executives released on Monday revealed their main concerns center on the …

  • Police Blotter

    Long Island Business Owner Sentenced for Tax Fraud and Obstructing IRS

    by Indira Patel January 22, 2024
    by Indira Patel January 22, 2024

    CENTRAL ISLIP, NY — In a recent federal court hearing in Central Islip, United States District Judge Joanna Seybert sentenced Lorraine Pilitz, 65, of Merrick, New York, to 33 months …

  • MIsc. News

    FTX sold about $1 billion of Grayscale’s bitcoin ETF since its approval – CoinDesk

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    (Reuters) – FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, …

  • MIsc. News

    IMF expected to visit Gabon in late Jan, early Feb for Article IV – source

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    LONDON (Reuters) – A team from the International Monetary Fund is expected to visit Gabon in late January or early February for Article IV discussions, a source told Reuters on …

  • MIsc. News

    Brazil’s economy to cool this year amid fiscal tug of war – Reuters poll

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is set to cool this year, a Reuters survey found, amid an intensifying tug of war between the government and some …

  • MIsc. News

    Foreign auto brands boost exports as China sales remain weak – data

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    SHANGHAI (Reuters) – Foreign carmakers that have been losing market share to local rivals in China have boosted exports from the world’s largest auto market, accounting for more than a …

  • MIsc. News

    Hedge funds U-Turn on tech; sell everything else – Goldman

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    By Nell Mackenzie LONDON (Reuters) – Global hedge funds turned positive on U.S. technology stocks, piling into the sector in the week ending Jan. 18 at the fastest pace in …

  • MIsc. News

    Canada weighing extra border measures for asylum seekers from Mexico – minister

    by Reuters January 21, 2024
    by Reuters January 21, 2024

    OTTAWA (Reuters) – Canada is weighing a number of measures to prevent Mexican nationals from flying into the country to request asylum, a top official said on Sunday, after Quebec’s …

  • Breaking News

    Employee Robbed at Gunpoint Inside Rockaway Parkway Business

    by Leo Canega January 20, 2024
    by Leo Canega January 20, 2024

    NEW YORK CITY, NY – The New York City Police Department requests public assistance regarding a robbery that occurred on Thursday, December 28, 2023, at about 7:15 pm. The incident …

  • MIsc. News

    Uvalde DA investigates police over failures in mass shooting – report

    by Reuters January 19, 2024
    by Reuters January 19, 2024

    (Reuters) – A prosecutor in Uvalde, Texas, has convened a grand jury to investigate whether police were criminally liable for failing to promptly storm a classroom in a 2022 mass …

  • MIsc. News

    China set to leave lending benchmark LPRs unchanged – poll

    by Reuters January 19, 2024
    by Reuters January 19, 2024

    SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the central bank surprised markets by …

  • MIsc. News

    Bankman-Fried’s FTX to get bankruptcy examiner to probe collapse – US appeals court

    by Reuters January 19, 2024
    by Reuters January 19, 2024

    By Jonathan Stempel (Reuters) – A federal appeals court on Friday ordered the appointment of an independent bankruptcy examiner to investigate the Nov. 2022 collapse of FTX, the cryptocurrency exchange …

  • MIsc. News

    Swiss central bank chief says further rate hikes not necessary – paper

    by Reuters January 19, 2024
    by Reuters January 19, 2024

    ZURICH (Reuters) – Further interest rate hikes from the Swiss National Bank are not needed given the bank’s latest inflation forecasts, SNB Chairman Thomas Jordan told Swiss newspaper Aargauer Zeitung …

  • MIsc. News

    Ukraine says it hit targets in St Petersburg with domestic-made drone

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    (Reuters) -Ukraine hit targets in Russia’s St Petersburg overnight using a domestic-produced drone that flew 1,250 km (775 miles), a Ukrainian government minister was quoted as saying by Interfax-Ukraine news …

  • MIsc. News

    Deutsche Bank CEO: M&A not priority this year – CNBC interview

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    FRANKFURT (Reuters) – Deutsche Bank Chief Executive Officer Christian Sewing told CNBC on Thursday that mergers and acquisitions were not a priority for the German lender this year. The CEO …

  • MIsc. News

    Illicit crypto addresses received at least $24.2 billion in 2023 – report

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    By Elizabeth Howcroft LONDON (Reuters) – At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to …

  • MIsc. News

    IMF debt dilemma looms after Pakistan election – former cenbank governor

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    LONDON (Reuters) – The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country’s debt situation, a former …

  • MIsc. News

    Citi to cut 20 Asia Pacific equity research jobs – source

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    HONG KONG (Reuters) – Citigroup’s is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the …

  • MIsc. News

    US investment bank looking to build 10% stake in Italy’s Pop Sondrio – Il Sole 24 Ore

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    MILAN (Reuters) – A large U.S. investment bank is considering building up a 10% stake in Italy’s Banca Popolare di Sondrio, Il Sole 24 Ore newspaper reported on Thursday, without …

  • MIsc. News

    Exclusive-GIP eyeing up to 49% stake in Malaysian port operator, could value MMC Port at $6 billion – sources

    by Reuters January 18, 2024
    by Reuters January 18, 2024

    By Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) – Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in MMC Port Holdings, in a …

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