By Emma Farge GENEVA (Reuters) – Global tobacco use has tumbled in a generation with one in five people smoking versus one in three in 2000, the World Health Organization …
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Global Elites Trash Elon Musk’s X At Davos
Global Elites Trash Elon Musk’s X At Davos Jason Cohen on January 15, 2024 Global elites in the field of education criticized billionaire Elon Musk and his social media platform …
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(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered …
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Record budget for Gates Foundation as wider global health funding stalls
by Reutersby ReutersBy Jennifer Rigby LONDON (Reuters) – The Bill & Melinda Gates Foundation plans to spend more this year than ever before — $8.6 billion — as wider health funding for …
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South Korea says it will impose fines on two global banks for short-selling violations
by Reutersby ReutersSEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it …
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Analysis: Global debt rush sparks hope for strained developing countries
by Reutersby ReutersBy Marc Jones LONDON (Reuters) – A $30 billion gush of debt issuance by developing countries since the start of the year is sparking hope that some of the more …
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Global money market funds see third weekly inflow ahead of US inflation data
by Reutersby Reuters(Reuters) – Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity funds, as they favoured safer …
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Venture Global LNG explains to US regulator its failure to sell commercial cargoes
by Reutersby ReutersBy Curtis Williams HOUSTON (Reuters) -Venture Global LNG has told a U.S. regulator that it cannot meet contracts to provide liquefied natural gas (LNG) cargoes to several major customers because …
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By Nick Carey LONDON (Reuters) – Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 31% in 2023, down from 60% growth in 2022, according to market research …
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GENEVA (Reuters) – The global unemployment rate is expected to inch up to 5.2% this year primarily because of a rise in joblessness in advanced economies, the International Labour Organization …
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PARIS (Reuters) – The introduction this year of a global minimum corporate tax will reshape the flow of multinationals’ foreign investments as the benefits from booking profits in tax havens …
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World Bank forecasts 2024 global growth to slow for third consecutive year
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty …
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ETF provider Global X upbeat on Brazil: ‘Lots of good things going on’
by Reutersby ReutersBy Gabriel Araujo SAO PAULO (Reuters) – Global X, one of the world’s top exchange-traded funds (ETF) providers, is optimistic about Brazil’s prospects as Latin America’s largest economy drives a …
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Global EV market growth to slow this year on lower subsidies – report
by Reutersby Reuters(Reuters) – Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars less appealing to buyers, according …
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By Michael S. Derby NEW YORK (Reuters) – Supply chain pressures cooled down last month, the Federal Reserve Bank of New York said on Friday, but it’s possible the benign …
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Global money market funds see big demand as rate cut euphoria fades
by Reutersby Reuters(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which …
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BlackRock names Leigh Farris its global head of corporate communications
by Reutersby Reuters(Reuters) – BlackRock on Thursday named Leigh Farris its global head of corporate communications, bolstering its ranks at a time when the asset management giant faces intense heat for its …
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By Indradip Ghosh and Sam Holmes BENGALURU/SYDNEY (Reuters) – Global factories had a weak finish to 2023, with euro zone activity contracting for an 18th straight month in December and …
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MANILA (Reuters) – The Philippines is hopeful of being taken off the money laundering ‘grey list’ of the Financial Action Task Force (FATF) of this year, the country’s Anti-Money Laundering …
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Fuel maker XCF Global Capital to go public in $1.75-billion SPAC deal
by Reutersby Reuters(Reuters) – XCF Global Capital has agreed to go public via a merger with special purpose acquisition company (SPAC) Focus Impact BH3 Acquisition, in a deal that values the sustainable …
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(Reuters) – Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve would …
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Toyota’s global output surges to record in November on strong demand
by Reutersby ReutersTOKYO (Reuters) – Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting from robust demand both in …
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US Fed pivot dominates as global rate hike cycle stutters in December
by Reutersby ReutersBy Karin Strohecker and Sumanta Sen LONDON (Reuters) – A long awaited shift in the U.S. Federal Reserve’s monetary policy arrived in December with major developed central banks delivering just …
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Global equity funds see significant outflows as investors book year-end profits
by Reutersby Reuters(Reuters) – Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the …
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MIsc. News
CBP in Partnership with Ontario International Airport Announces the Opening of New Global Entry Enrollment Center
LOS ANGELES— U.S. Customs and Border Protection (CBP) in partnership with Ontario International Airport (ONT) announced the grand opening of the Ontario Global Entry Enrollment Center. The new center will …