JOHN STOSSEL: If You Value Your Privacy, Delete Your Apps
JOHN STOSSEL: If You Value Your Privacy, Delete Your Apps John Stossel on February 27, 2024 The government and private companies spy on us. My former employee, Naomi Brockwell, has become a…
Exclusive-GIP eyeing up to 49% stake in Malaysian port operator, could value MMC Port at $6 billion – sources
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 deal potentially…
Goldman strategists see value in small caps, consumer staples shares
By Lewis Krauskopf NEW YORK (Reuters) – Small-cap stocks and shares of consumer staples companies may be pockets of value in an increasingly expensive U.S. stock market, Goldman Sachs strategists said on…
China-Russia 2023 trade value hits record high of $240 billion – Chinese customs
BEIJING (Reuters) – China’s 2023 two-way trade with Russia hit $240 billion, setting yet another new record, Chinese customs data showed on Friday, as the two countries pushed for closer economic ties…
Ukraine’s total export value fell 18.7% in 2023, to lowest in a decade – economy minister
(Reuters) – Ukraine’s export value fell 18.7% in 2023 compared with 2022, totalling $35.8 billion, the lowest figure recorded in a decade, the country’s Economy Minister Yulia Svyrydenko said on Thursday. Maritime…
Renault hopes to escape from its ‘negative core value’ curse
By Gilles Guillaume PARIS (Reuters) – Renault hopes it can lift the curse of its negative value next year thanks to the creation of two specialised businesses, Ampere and Horse, and its…
CBP Officers in Lewiston Seize 11 Pounds of Marijuana with Estimated Value of $30,000
LEWISTON, N.Y. – U.S. Customs and Border Protection (CBP) officers at the Lewiston Bridge border crossing discovered 11 lbs. of marijuana in a commercial shipment. On November 28, CBP officers selected a…
Analysis-Britain’s Black Friday shoppers go second-hand in hunt for value
By Richa Naidu and Helen Reid LONDON (Reuters) – As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for…
Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report
HONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese authorities had asked the firm to take…
Two Arrested for ‘High Value’ Theft in Utica
UTICA, NY – A theft at Lowe’s in North Utica has led to charges against one suspect, with police continuing to search for the second. The Utica Police Department reported the apprehension…
Japan’s Simplex launches first ETFs focused on stocks below book value
By Junko Fujita TOKYO (Reuters) – Japan’s Simplex Asset Management said it will launch exchange-traded funds focused on undervalued stocks, including the first aimed at shares below book value, reflecting demand for…
Hedge funds slow value exodus as AI hype drives up growth stocks
NEW YORK/LONDON (Reuters) – Hedge funds have slowed their exit from value stocks and small-cap stocks over the past month, as enthusiasm for artificial intelligence has driven up valuations for growth stocks,…
Cubans struggle as peso loses half its value in a year on informal market
By Nelson Acosta and Marc Frank HAVANA (Reuters) – The Cuban peso was trading on the informal market at an all-time low of 230 to the dollar on Wednesday, slumping to half…
Tesla shares finally snap record 13-day win streak that added $200 billion in value
By Chavi Mehta and Aditya Soni (Reuters) – Tesla’s record 13-day streak of gains finally came to an end on Wednesday, as the stock closed down just a smidgen after a stretch…
PIMCO’s bond CIO says underweight dollar, sees value in UK gilts
By Harry Robertson LONDON (Reuters) – PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds, a senior fund manager said on Monday. “There’s no guarantee that we’re…
Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise
Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise Laurel Duggan on May 25, 2023 Target’s market value plunged $9 billion in one week after anger…
Facebook is wrong to say news lacks economic value, says Canada PM Trudeau
By Ismail Shakil OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday said Meta Platforms Inc’s opposition to proposed legislation that would compel payment by its Facebook unit and other internet…
Over 900 pounds of marijuana with a street value over $2 million intercepted by Louisville CBP
LOUISVILLE, Ky— U.S. Customs and Border Protection (CBP) officers in Louisville seized 36 boxes containing a total of 909 pounds of marijuana on April 25. The shipment was arriving from Canada and…
Value of Russian exports falls 35% in Q1 as oil price cap bites -central bank
MOSCOW (Reuters) – The value of Russia’s exports fell 35% year-on-year in the first quarter of 2023, due in part to a Western price cap on some Russian oil products, Russia’s central…
Global wine trade hits record-high value but volumes fall
PARIS (Reuters) – The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold fell due to weaker demand and logistical…
Analysis-Investors seek value in clobbered U.S. regional bank shares
By David Randall NEW YORK (Reuters) – As U.S. banking contagion worries ebb, some investors are hunting for shares of fundamentally strong regional lenders that were swept up in this month’s epic…
Elon Musk puts $20 billion value on Twitter – The Information
(Reuters) – Twitter Inc CEO Elon Musk has offered the social-media company’s employees stock grants at a valuation of nearly $20 billion, the Information reported on Saturday, citing a person familiar with…
Morgan Stanley lifts Ghana Eurobond ‘recovery’ value to $46 from $41
JOHANNESBURG (Reuters) -Investment bank Morgan Stanley has lifted the average “recovery value” for Ghana’s defaulted dollar-denominated government bonds to $46 from a previous forecast of $41 following the country’s deal to restructure…
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at the end of…
Siemens investors push for simpler group structure to unlock value
ZURICH (Reuters) – Siemens shareholders have called on the engineering company to simplify its structure by selling its stake in Siemens Energy and clarifying its position on Siemens Healthineers. The trains-to-industrial-software group…
U.S. Attorney Announces $1.3 Million Settlement Of Civil Fraud Lawsuit Against Apparel Importer For Underreporting Value Of Goods To Avoid Paying Customs Duties
Damian Williams, the United States Attorney for the Southern District of New York, Ivan J. Arvelo, the Special Agent-in-Charge of the New York Field Office of Homeland Security Investigations (“HSI”), AnnMarie R.…
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