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MIsc. News

  • MIsc. News

    Marketmind: PCE in our time as US economy impresses

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    A look at the day ahead in U.S. and global markets from Mike Dolan There was little for markets to dislike in the impressive sweep of U.S. economic and corporate …

  • MIsc. News

    Cautious investors trim equity holdings before inflation data, Fed meet

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    (Reuters) – Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a …

  • MIsc. News

    Toyota Motor union demands record 2024 bonuses – Nikkei

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months, …

  • MIsc. News

    Chipmakers among 15 US firms eyeing $8 billion Vietnam investment – US official

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    HANOI (Reuters) -Fifteen U.S. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country’s progress on renewable energy rules, …

  • MIsc. News

    Kremlin denies report that Putin reaching out to US, might drop key demands on Ukraine

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    MOSCOW (Reuters) – The Kremlin on Friday denied a Bloomberg report that President Vladimir Putin was “putting out feelers” to the United States for possible talks on ending the war …

  • MIsc. News

    Analysis-North Korea signals confrontation, no signs of war preparation

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Josh Smith SEOUL (Reuters) – North Korea is stepping up confrontation with the United States and its allies, but officials in Washington and Seoul say they have spotted no …

  • MIsc. News

    How GM’s Cruise robotaxi tech failures led it to drag pedestrian 20 feet

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Abhirup Roy SAN FRANCISCO (Reuters) -A General Motors Cruise robotaxi that struck and dragged a pedestrian 20 feet (6 meters) in an October accident made a number of technical …

  • MIsc. News

    Alabama gasses prisoner with nitrogen in first new execution method in decades

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Evan Garcia and Jonathan Allen ATMORE, Alabama (Reuters) -Alabama on Thursday executed convicted murderer Kenneth Smith, who held his breath in vain as officials asphyxiated him with nitrogen gas, …

  • MIsc. News

    Alabama completes first execution using nitrogen gas asphyxiation

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    (Reuters) – Alabama Governor Kay Ivey said prison officials had killed Kenneth Smith, a convicted murderer, on Thursday evening, completing the first execution using asphyxiation by nitrogen gas, which the …

  • MIsc. News

    US antitrust inquiry targets OpenAI and Anthropic’s deals with Big Tech

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Jasper Ward and Krystal Hu WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent …

  • MIsc. News

    Truck maker Volvo braces for 2024 by adjusting production amid weak order intake

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Marie Mannes STOCKHOLM (Reuters) -Swedish truck maker AB Volvo on Friday reported a bigger-than-expected rise in fourth-quarter profit but a weak order intake as it adjusted lower production levels …

  • MIsc. News

    UN rights chief deplores US nitrogen gas execution

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    GENEVA (Reuters) – The United Nations human rights chief on Friday condemned the execution of a prisoner in the U.S. state of Alabama by nitrogen gas, saying the method could …

  • MIsc. News

    China equity funds draw largest weekly inflows since 2015 -BofA

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Alun John LONDON (Reuters) – Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since 2015 and the second largest …

  • MIsc. News

    Attack on Iraqi Kurdish gas field leads to major power cuts

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    BAGHDAD (Reuters) -A drone attack on one of Iraq’s largest gas fields has led to a temporary suspension of production, resulting in major power cuts across the country’s northern Kurdistan …

  • MIsc. News

    Brazil orders Vale, BHP and Samarco to pay $9.7 billion in damages for dam disaster

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    SAO PAULO (Reuters) -A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6 billion reais ($9.67 billion) in damages for a 2015 …

  • MIsc. News

    China fund with US stocks halts trading to calm investor fever

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    SHANGHAI (Reuters) – A Shanghai-listed fund that holds U.S. stocks took the unusual step of suspending trading on Friday, saying it was necessary to protect investors after prices hit record …

  • MIsc. News

    BHP Group to review court decision on $31.53 billion Fundao dam claim

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    (Reuters) -BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155 billion reais ($31.53 billion) government claim over the 2015 collapse of Fundao dam …

  • MIsc. News

    Yen bulls stock up on options for any BOJ spring surprises

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Rae Wee SINGAPORE (Reuters) – Investors positioning for Japan’s first rate hike in nearly two decades have cooled on outright cash bets on the yen rising and turned to …

  • MIsc. News

    Nomura expects Fed to cut interest rates by 100 bps in 2024

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    (Reuters) – Nomura on Friday forecast the U.S. Federal Reserve delivering a 100-basis-point interest rate cut in 2024 and reducing the pace of balance-sheet rundown in June, followed by an …

  • MIsc. News

    Column-Rock and hard place? China opts to hold yuan: Mike Dolan

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Mike Dolan LONDON (Reuters) – China’s seeming determination to hold the yuan stable in the face of a deflationary asset price bust and capital flight leaves it with an …

  • MIsc. News

    Salesforce laying off 700 workers in latest tech industry downsizing – WSJ

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    (Reuters) -Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to …

  • MIsc. News

    Intel forecasts quarterly revenue below estimates, stock falls

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Arsheeya Bajwa and Max A. Cherney (Reuters) -Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples …

  • MIsc. News

    Explainer-Evergrande’s possible liquidation and what happens next

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Clare Jim and Scott Murdoch HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing …

  • MIsc. News

    Analysis-Dubai’s property boom shows signs of fizzling out

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Sinead Cruise, Iain Withers and Hadeel Al Sayegh LONDON/DUBAI (Reuters) – As cranes speckle the Dubai skyline and ultra-luxury homes change hands at record prices, signs that the city-state’s …

  • MIsc. News

    S&P 500 extends streak of record highs; Tesla tumbles

    by Reuters January 26, 2024
    by Reuters January 26, 2024

    By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong U.S. economic growth in …

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