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MIsc. News

  • MIsc. News

    Factbox-How many variants of 737 MAX planes does Boeing make?

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) -The U.S. Federal Aviation Administration barred Boeing from expanding the production of its best-selling 737 MAX aircraft last week, after a mid-air cabin panel blowout forced an Alaska Airlines-operated …

  • MIsc. News

    German recession on cards for Q1 after end-of-year slump

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Rachel More BERLIN (Reuters) -The German economy shrank in the final three months of 2023, prompting economists to warn on Tuesday of another recession as business leaders urged the …

  • MIsc. News

    Ukrainian billionaire Zhevago fights off London fraud lawsuit

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    LONDON (Reuters) – Ukrainian billionaire Kostyantyn Zhevago has won a bid to throw out a London lawsuit over allegations he embezzled money from the now bankrupt lender Finance & Credit …

  • MIsc. News

    S.Korea’s Yoon blocks new probe of 2022 Halloween crowd crush

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Hyunsu Yim SEOUL (Reuters) -South Korean President Yoon Suk Yeol blocked on Tuesday a bill to launch a new probe into a Halloween crowd crush that killed 159 people …

  • MIsc. News

    Water heater maker A. O. Smith quarterly profit beats estimates

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – A. O. Smith beat fourth-quarter profit estimates on Tuesday, helped by strong demand for its water heaters in North America. The Milwaukee, Wisconsin-based company also benefited from a …

  • MIsc. News

    Debt relief delays could mean ‘disorderly’ defaults: IMF official

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Rachel Savage and Kopano Gumbi JOHANNESBURG (Reuters) – The flagship debt restructuring process for low income countries needs to speed up, otherwise there could be a series of “disorderly” …

  • MIsc. News

    IMF slashes 2024 Argentina GDP growth forecast, weighs on regional view

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    NEW YORK (Reuters) – The International Monetary Fund slashed its 2024 economic growth projection for Argentina to a 2.8% contraction from a 2.8% expansion, dimming its view on output growth …

  • MIsc. News

    Stellantis’ Peugeot cars to use ChatGPT to talk to drivers

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    PARIS (Reuters) – Stellantis’ Peugeot brand plans to use ChatGPT to improve the voice assistant in its cars and vans, the French brand said on Tuesday, joining rivals such as …

  • MIsc. News

    IMF revises up Asia’s growth forecast, warns of China risk

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Leika Kihara TOKYO (Reuters) – The International Monetary Fund (IMF) on Tuesday projected emerging Asian economies would expand 5.2% this year, slowing from 2023 but revised up from its …

  • MIsc. News

    Renault shares back up after carmaker’s Ampere IPO u-turn

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    PARIS (Reuters) -Renault shares rose again on Tuesday, shaking off earlier weakness as investors digested the French carmaker’s decision to ditch plans to list its electric vehicle arm Ampere due …

  • MIsc. News

    PulteGroup misses revenue estimates as home sales slow

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – PulteGroup missed Wall Street estimates for fourth-quarter revenue on Tuesday, as it sold fewer homes at lower prices to offset a hit to demand from higher mortgage rates. …

  • MIsc. News

    Stock pickers power up battered renewables as rates fall

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Danilo Masoni MILAN (Reuters) – Clean energy stocks might be in for a much-needed recharge this year as bets on interest rate cuts brighten their outlook following record outflows …

  • MIsc. News

    MSCI quarterly profit rises on subscription strength

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – Global index provider MSCI posted a higher fourth-quarter profit on Tuesday, as its product subscriptions benefited from a market recovery led by bets that the U.S. Federal Reserve …

  • MIsc. News

    Russia to Japan: Drop territorial claim if you want a peace treaty

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Andrew Osborn (Reuters) – Senior Russian security official Dmitry Medvedev told Japan on Tuesday it would have to drop territorial claims to a group of Pacific islands if it …

  • MIsc. News

    H&M profit target in spotlight as cost-cutting gathers pace

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Helen Reid LONDON (Reuters) – Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion …

  • MIsc. News

    German car sales to lag global recovery, industry warns

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    BERLIN (Reuters) – German car sales are lagging the recovery in the global passenger car market, with 2024 sales expected to be 25% below pre-pandemic levels, data from German auto …

  • MIsc. News

    Fed in a trust-but-verify moment as inflation falls

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Howard Schneider WASHINGTON (Reuters) – In economic projections issued after their December meeting U.S. Federal Reserve officials on balance saw a measure of underlying inflation ending 2024 at 2.4%, …

  • MIsc. News

    ECB likely to cut rates in small increments with pauses – Vujcic

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    ZAGREB (Reuters) – The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts moving it is likely do it in small …

  • MIsc. News

    Ryanair looks for Polish government support for ambitious growth

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Alan Charlish WARSAW (Reuters) – Ryanair is hoping that Poland’s new pro-European government will support its growth plans in the country which assume a doubling in size over the …

  • MIsc. News

    Exclusive-Two key UBS investors worry about bank’s size, regulatory friction

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Stefania Spezzati and Oliver Hirt LONDON/ZURICH (Reuters) – UBS is forging ahead with its integration of Credit Suisse but two key investors fear the Swiss bank could be on …

  • MIsc. News

    Ford to supply over 1,000 Lightning, Mustang Mach-E EVs to Ecolab

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – Ford Motor said on Tuesday it would supply more than 1,000 F-150 Lightning and Mustang Mach-E electric vehicles (EVs) to Ecolab to replace the water treatment firm’s gas-powered …

  • MIsc. News

    Kids in college? Here is how to save on car insurance

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Chris Taylor NEW YORK (Reuters) – If you are a proud parent whose child has grown up and gone off to college, congratulations! Now stop reading this and call …

  • MIsc. News

    Fed meeting likely to see start of debate over ending balance sheet contraction

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Michael S. Derby (Reuters) – Decision time is close at hand for the Federal Reserve to plan the mechanics of how it ends the winddown of a balance sheet …

  • MIsc. News

    Marketmind: Refunding fuel, megacaps update, China ailing

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan Spurred by falling estimates of U.S. Treasury borrowing, a sweep of megacap earnings updates …

  • MIsc. News

    Imran Khan, Pakistan’s cricket star turned PM, jailed for 10 years

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Former Pakistani Prime Minister Imran Khan’s 10-year jail sentence under the official secrets act is the latest in a series of ups and …

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