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MIsc. News

  • 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 set to harvest bigger crops after rains defy El Nino

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

    By Peter Hobson CANBERRA (Reuters) – Australia is poised to produce much more wheat and other crops this year than previously thought after rainfall confounded expectations that an El Nino …

  • MIsc. News

    Marketmind: BOJ struggles with a deflationary state of mind

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

    A look at the day ahead in European and global markets from Wayne Cole That felt like a long wait for a two-page policy statement, and in the end the …

  • MIsc. News

    Singapore Dec core inflation at 3.3% y/y

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

    By Xinghui Kok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.3% in December on a yearly basis, official data showed on Tuesday. The core inflation rate – which …

  • MIsc. News

    South Korean retail investors hit as China equity derivatives tumble

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

    By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korean retail investors have been caught out by an 11% fall in a key Hong Kong stock market index this …

  • MIsc. News

    Fashion resale site Vestiaire Collective launches crowdfunding, eyes IPO in 2025

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

    LONDON (Reuters) – Second-hand fashion marketplace Vestiaire Collective launched a crowdfunding campaign on Tuesday to raise at least one million euros ($1.09 million) from individual investors as the Kering-backed business …

  • MIsc. News

    United Airlines sees stronger profit in 2024 despite a hit from Boeing MAX 9 grounding

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

    By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines on Monday provided an upbeat outlook for the full year despite warning of a wider-than-expected loss in the quarter through March due …

  • MIsc. News

    China regulator removes draft video game rules from website; shares jump

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

    By Josh Ye HONG KONG (Reuters) -China’s gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, …

  • MIsc. News

    India’s Zee tumbles 10% in pre-open after Sony scraps merger

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

    BENGALURU (Reuters) – Shares of Indian broadcaster Zee Entertainment Enterprises plunged 10% in pre-open trade on Tuesday, a day after Japan’s Sony Group scrapped a $10 billion merger with the …

  • MIsc. News

    Fake ‘Biden’ robocall tells New Hampshire Democrats to stay home

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

    By Steve Holland MANCHESTER, New Hampshire (Reuters) -As New Hampshire voters prepared to cast their votes in the state’s first-in-the nation primary Tuesday, a robocall is circulating in the state …

  • MIsc. News

    Tesla to kick off Cybertruck’s China tour in late Jan -media

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

    BEIJING (Reuters) – A China-wide tour showcasing Tesla’s flagship Cybertruck pickup will kick off in late January, with eight trucks simultaneously on display in eight cities including Shanghai and the …

  • MIsc. News

    Malaysia considers legal proceedings against foreign banks linked to 1MDB graft

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

    KUALA LUMPUR (Reuters) -Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset recovery …

  • MIsc. News

    BOJ keeps ultra-loose policy intact, cuts inflation forecast

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

    TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on whether wage growth will accelerate …

  • MIsc. News

    Haley makes final New Hampshire push to slow Trump’s momentum

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

    By Gram Slattery, Nathan Layne and James Oliphant FRANKLIN, N.H. (Reuters) -Donald Trump’s last remaining Republican opponent, former U.N. Ambassador Nikki Haley, was making a final push on Monday to …

  • MIsc. News

    US FTC bars TurboTax maker Intuit from advertising ‘free’ services

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

    By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday barred TurboTax maker Intuit from advertising or marketing services as “free” when many consumers were in fact …

  • MIsc. News

    South Korea’s economy likely grew at slightly slower pace in Q4: Reuters poll

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

    By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s economy expanded at a slightly slower pace in the final three months of 2023 compared to Q3 as elevated interest …

  • MIsc. News

    Brown & Brown’s Q4 profit jumps on robust growth in fee, investment income

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

    (Reuters) – Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns. The …

  • MIsc. News

    US Supreme Court lets Border Patrol remove Texas razor-wire fencing – for now

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

    By John Kruzel (Reuters) -The U.S. Supreme Court on Monday agreed to temporarily let U.S. Border Patrol agents cut or remove razor-wire fencing that Texas officials placed along part of …

  • 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

    ADM shares plunge 24% in worst day since 1929 as CFO is placed on leave

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

    By Karl Plume and Seher Dareen (Reuters) -Shares of Archer-Daniels-Midland plunged 24% on Monday, its biggest one-day drop since 1929, after CFO Vikram Luthar was placed on administrative leave as …

  • MIsc. News

    Australia’s sovereign wealth fund grows on equity rally; cautious about rate cuts

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

    By Lewis Jackson SYDNEY (Reuters) -Australia’s sovereign wealth fund has cautioned against expecting rate cuts in Australia or the U.S. anytime soon after reporting on Tuesday a rebound in its …

  • MIsc. News

    Netflix films chief Stuber to depart, start own firm

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

    By Dawn Chmielewski (Reuters) -Netflix said on Monday that Scott Stuber, head of films, will leave the streaming service pioneer in March to start his own media company. No replacement …

  • MIsc. News

    Tencent’s Riot Games to lay off about 11% of staff

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

    (Reuters) -Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included …

  • MIsc. News

    Canada minister says study permits to students from India drop due to dispute

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

    (This Jan. 16 story has been corrected to reflect the lack of official figures for December in paragraph 6) By Steve Scherer OTTAWA (Reuters) – The number of study permits …

  • MIsc. News

    US appeals court revives Mexico’s $10 billion lawsuit against gun makers

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

    By Nate Raymond BOSTON (Reuters) -A U.S. appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of …

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