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MIsc. News

  • MIsc. News

    Explainer-How Ethiopia’s quarrel with Somalia could destabilise Horn of Africa

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Giulia Paravicini NAIROBI (Reuters) – Ethiopia’s deal to lease a port in Somalia’s breakaway region of Somaliland has infuriated the government in Mogadishu and prompted concern it will further …

  • MIsc. News

    IMF says ‘not yet there’ on need for systemic approach to high debt

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund still favors a case-by-case approach to dealing with sovereign debt issues, but is closely monitoring developments to ensure it is …

  • MIsc. News

    EU top court backs Audi in trademark dispute with spare parts firm

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    BRUSSELS (Reuters) – The European Union’s top court has ruled in favour of Volkswagen’s Audi in a dispute that could limit the ability of spare parts manufacturers to use markings …

  • MIsc. News

    IBM shares soar to more than 10-year high on rosy AI outlook

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Chibuike Oguh NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong …

  • MIsc. News

    Chinese music student convicted in US of threatening pro-democracy activist

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Nate Raymond BOSTON (Reuters) – A Chinese music student was convicted on Thursday of U.S. charges that he harassed an activist who posted fliers at the Berklee College of …

  • MIsc. News

    Union Pacific beats profit estimates but expects volume headwinds ahead

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Ananta Agarwal (Reuters) -Railroad operator Union Pacific on Thursday reported fourth quarter profit above estimates but said it expects some negative impact to freight volumes on lower coal demand …

  • MIsc. News

    Boeing CEO says planemaker backs FAA halt to 737 MAX production expansion

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By David Shepardson WASHINGTON (Reuters) – Boeing CEO Dave Calhoun said Thursday the U.S. planemaker supports the Federal Aviation Administration (FAA) decision to bar the planemaker from expanding production of …

  • MIsc. News

    Technology stocks push European shares higher; ECB holds rates as expected

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Shashwat Chauhan and Shristi Achar A (Reuters) -European shares rose on Thursday as technology shares and Nokia advanced on a quarterly profit beat, while investors took the European Central …

  • MIsc. News

    Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    (Reuters) – The U.S. aviation regulator has agreed to allow Boeing’s top-selling 737 MAX 9 airplanes to resume flying after inspections, but barred the troubled planemaker from expanding production. The …

  • MIsc. News

    Norway’s traffic regulator says it won’t recall Tesla cars

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Marie Mannes STOCKHOLM (Reuters) -Norway’s traffic safety regulator said on Thursday it had found no basis for ordering a recall of Tesla’s S and X Model vehicles following an …

  • MIsc. News

    Biden vetoes law blocking EV charging stations’ ‘Buy America’ waiver

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday vetoed legislation aimed at reversing his administration’s waiver of “Buy America” requirements for government-funded electric vehicle (EV) charging stations, …

  • MIsc. News

    Fight brewing over Biden climate funds that help farmers in Republican-leaning states

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Leah Douglas WASHINGTON (Reuters) -An effort by Republican U.S. lawmakers to reallocate $18 billion in climate-friendly agriculture funding under President Joe Biden’s signature climate law would shift money away …

  • MIsc. News

    Taiwan begins extended one-year conscription in response to China threat

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Fabian Hamacher and Ann Wang TAICHUNG, Taiwan (Reuters) – The first batch of new recruits began serving their one-year compulsory military service in Taiwan on Thursday after the conscription …

  • MIsc. News

    Milei’s Argentina ‘omnibus’ bill faces gauntlet after clearing first hurdle

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Adam Jourdan BUENOS AIRES (Reuters) – Argentine President Javier Milei’s “omnibus” bill, a sprawling reform package ranging from tax hikes to privatizations, has cleared its first hurdle in Congress …

  • MIsc. News

    Explainer-Plane crash in western Russia – what we know so far

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    (Reuters) – Russia has accused Ukraine of shooting down a military transport plane carrying 65 captured Ukrainian soldiers to a prisoner exchange. Ukraine has neither confirmed nor denied the accusation …

  • MIsc. News

    Comcast tops revenue estimates on streaming, theme park boost

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Samrhitha A and Helen Coster NEW YORK (Reuters) -Comcast’s quarterly revenue topped Wall Street estimates on Thursday as growth in its streaming and theme parks businesses, including a widely …

  • MIsc. News

    Friends, allies urge Trump to choose a woman or Black man as his running mate

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Steve Holland, Alexandra Ulmer and Tim Reid (Reuters) – Friends and allies of Donald Trump are giving him the names of mostly women and Black men as he seeks …

  • MIsc. News

    B-21 headwind raids Northrop Grumman’s Q4 earnings

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Pratyush Thakur and Mike Stone (Reuters) -Northrop Grumman on Thursday said it swung to a loss in the fourth quarter from a year-earlier profit as it took a $1.17 …

  • MIsc. News

    US new home sales rebound in December as mortgage rate retreat

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased strongly in December, boosted by declining mortgage rates and a persistent shortage of previously owned houses on the market. New …

  • MIsc. News

    Health insurer Humana warns of hit to 2025 profit, shares sink

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Leroy Leo and Sriparna Roy (Reuters) -Health insurer Humana said on Thursday an “unprecedented” increase in medical costs that will hit its earnings this year has also put its …

  • MIsc. News

    Rampant extortion reveals ‘corrosive’ hole in Mexico security strategy

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Dave Graham MEXICO CITY (Reuters) – When farmers in a tiny Mexican village last month hacked to death suspected drug cartel members who were squeezing them for protection money, …

  • MIsc. News

    Iraq, U.S. agree set up talks on future of U.S.-led coalition – statement

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    BAGHDAD (Reuters) – Baghdad and Washington have agreed to set up a committee to start talks on the future of the U.S.-led military coalition in Iraq with the aim of …

  • MIsc. News

    Fed to allow emergency bank lending program to expire on March 11

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Pete Schroeder and Michael S. Derby (Reuters) – The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank …

  • MIsc. News

    Tesla CEO Musk: Chinese EV firms will ‘demolish’ rivals without trade barriers

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    By Abhirup Roy SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk said on Wednesday that Chinese automakers will “demolish” global rivals without trade barriers, underscoring the heat the U.S. electric vehicle …

  • MIsc. News

    UK and US sanction senior Houthis over Red Sea shipping attacks

    by Reuters January 25, 2024
    by Reuters January 25, 2024

    LONDON/WASHINGTON (Reuters) -Britain and the United States on Thursday said they had imposed co-ordinated sanctions on four key Houthi figures for their roles in supporting or directing attacks on commercial …

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