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MIsc. News

  • MIsc. News

    Fisker expects to deliver unsold 2023 vehicles in first quarter, gains dealer traction

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

    (Reuters) – Fisker said on Tuesday it expects to sell all its nearly 5,000 unsold vehicles made last year by the end of the first quarter and that its newly …

  • MIsc. News

    China weighs stock market rescue package backed by $278 billion – Bloomberg News

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

    (Reuters) – Chinese authorities are considering measures to stabilise a slumping stock market, Bloomberg News reported on Tuesday citing people familiar with the matter, drawing a sceptical response from underwhelmed …

  • MIsc. News

    Marketmind: Big Tech reports, China gets a grip, BOJ calm

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

    A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St stocks surfing record highs, Tuesday sees Netflix kick off a couple of weeks …

  • MIsc. News

    Death toll in China landslide rises to 25, rescuers search for missing

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

    BEIJING (Reuters) – The death toll from a landslide in China’s Yunnan province rose to 25 late on Tuesday as rescue workers battled freezing temperatures and snow to locate dozens …

  • MIsc. News

    ‘Snowball’ derivatives feed China’s stock market avalanche

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

    By Li Gu and Vidya Ranganathan SHANGHAI (Reuters) – China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity indexes, …

  • MIsc. News

    German president, businesses visit Vietnam eyeing investment

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

    By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -A German business delegation, including top firms for tunnel machines, wind farms and industrial supplies, joined President Frank-Walter Steinmeier in a visit …

  • 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

    Corning’s Indian JV signs $120 million investment deal with Tamil Nadu state

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

    CHENNAI (Reuters) – India’s Tamil Nadu state said on Tuesday that a joint venture of Corning agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the …

  • MIsc. News

    India’s Zee slides 30%, Sony deal collapse stokes worries about its prospects

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

    By Rama Venkat BENGALURU (Reuters) -Shares in India’s Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 …

  • MIsc. News

    Philippines will not ‘lift a finger’ to assist ICC’s drug war probe

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

    By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) -The Philippine government will not cooperate with the International Criminal Court’s (ICC) investigation into a brutal anti-narcotics campaign, President Ferdinand Marcos …

  • MIsc. News

    UBS unveils big branding push after Credit Suisse takeover

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

    ZURICH (Reuters) – UBS on Tuesday unveiled its biggest branding campaign since 2016 to drive growth, spending tens of millions of dollars to freshen its image after the takeover of …

  • MIsc. News

    Swatch Group dashes dividend expectations, shares tick lower

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

    By John Revill ZURICH (Reuters) -Swatch Group on Tuesday missed profit forecasts for 2023 and proposed a much smaller than expected dividend increase – putting pressure on the world’s biggest …

  • MIsc. News

    Bitcoin falls to $40,000, lowest level since bitcoin ETF launch

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

    (Reuters) -Bitcoin fell to a seven-week low on Monday, hovering below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on Jan. 11. The world’s …

  • 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

    Sri Lanka central bank keeps policy rates steady to tame inflation

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

    By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) -Sri Lanka’s central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new …

  • MIsc. News

    Israel’s Katz skirts EU talk of two-state solution with video show

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

    By Andrew Gray and John Irish BRUSSELS (Reuters) -Israel’s foreign minister sidestepped discussion of a two-state solution to the Israeli-Palestinian conflict at a meeting with European Union counterparts on Monday, …

  • MIsc. News

    BOJ Governor Ueda’s comments at news conference

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

    (Reuters) – The Bank of Japan maintained ultra-easy monetary settings on Tuesday in a widely expected move, as policymakers allow more time to determine whether wage increases will broaden enough …

  • MIsc. News

    Measures China has taken to prop up its stock market

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

    (Reuters) – Chinese shares rebounded on Tuesday on a Bloomberg News report that said Chinese authorities are considering several measures to bolster the stock market. Policymakers are seeking to mobilise …

  • MIsc. News

    California professors end strike after one day

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

    By Daniel Trotta (Reuters) -A union representing 29,000 professors and staff at the California State University (CSU) reached a tentative deal on Monday night to call off a five day …

  • MIsc. News

    Suspect in 8 Chicago-area slayings turns up dead in Texas

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

    By Steve Gorman and Daniel Trotta (Reuters) -A man suspected of shooting eight people to death and wounding another in suburban Chicago has turned up dead hundreds of miles away …

  • MIsc. News

    Thailand lowers 2024 GDP growth projection to 2.8%

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

    By Chayut Setboonsarng and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy is expected to grow 2.8% this year, a sharp downgrade from an earlier forecast of 3.2%, the finance ministry said …

  • MIsc. News

    Ericsson appoints Lars Sandstrom as new CFO

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

    (Reuters) – Swedish telecoms equipment maker Ericsson said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander. Sandstrom will join the …

  • MIsc. News

    In EV catch-up race, legacy automakers hitch a lift with Formula E

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

    By Nick Carey LONDON (Reuters) – Legacy automakers playing catch-up with EV leaders like Tesla are leaning on their Formula E electric racing teams for innovations to build better mass-production …

  • MIsc. News

    Consumer goods makers set to post mixed sales as US prices ease more than in Europe

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

    By Richa Naidu LONDON (Reuters) -Consumer goods companies are likely to post stronger fourth-quarter sales growth in Europe than in the United States, monthly data indicates, boosted by persistently higher …

  • MIsc. News

    Gulf economies to rebound in 2024 despite weak oil growth outlook: Reuters poll

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

    By Anant Chandak BENGALURU (Reuters) – The six-member Gulf Cooperation Council economies will grow at a faster pace in 2024 than last year despite expectations of weak global growth hurting …

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