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MIsc. News

  • MIsc. News

    Meta moves to protect teens from unwanted messages on Instagram, Facebook

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

    (Reuters) – Meta Platforms is building more safeguards to protect teen users from unwanted direct messages on Instagram and Facebook, the social media platform said on Thursday. The move comes …

  • MIsc. News

    American Airlines forecasts 2024 profit largely above estimates

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

    (Reuters) – American Airlines Group forecast 2024 profit largely above Wall Street expectations on Thursday as the carrier benefits from strong demand for international travel. The company expects full-year adjusted …

  • MIsc. News

    Blackstone’s fourth-quarter earnings rise 4% as asset sales pick up

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

    By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday, as the world’s largest private equity firm cashed out on …

  • MIsc. News

    Factbox-Shipping firms react to Houthi attacks in Red Sea

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

    (Reuters) -Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade. In response, some shipping companies have …

  • MIsc. News

    Southwest Airlines removes MAX 7 from 2024 plans, cuts delivery forecast from Boeing

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

    By Abhijith Ganapavaram (Reuters) – Southwest Airlines said on Thursday it was expecting to take fewer deliveries of Boeing’s 737 MAX aircraft and it had left out the MAX 7 …

  • MIsc. News

    Alaska Air sees $150 million profit hit from MAX 9 groundings

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

    (Reuters) -Alaska Air Group, the operator of the Boeing plane that suffered a mid-air incident earlier this month, said on Thursday it expects a $150-million profit hit in 2024 from …

  • MIsc. News

    Big turnout expected in New York offshore wind power auction

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

    By Scott DiSavino (Reuters) – Several offshore wind developers will likely bid in New York’s fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, …

  • MIsc. News

    Marketmind: Tesla pothole as ECB and GDP awaited

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

    A look at the day ahead in U.S. and global markets from Mike Dolan Tesla, the first of the so-called ‘Magnificent Seven’ U.S. megacap stocks to report fourth-quarter earnings, hit …

  • MIsc. News

    BoE says ‘ring fencing’ capital rules for retail banks need no big overhaul

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

    By Huw Jones LONDON (Reuters) -The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke buffers of capital have worked …

  • MIsc. News

    German economy limps into 2024 as business sentiment falls

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

    By Rachel More and Rene Wagner BERLIN (Reuters) – German business morale unexpectedly worsened in January, declining for the second month in a row as Europe’s largest economy struggles to …

  • MIsc. News

    Norway keeps rates on hold, will remain unchanged ‘for some time’

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

    By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.50% on Thursday, as unanimously expected by analysts, and said the …

  • MIsc. News

    China says Boeing has permission to resume 737 MAX 8 deliveries

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

    By Eduardo Baptista and Sophie Yu BEIJING (Reuters) -China said on Thursday it gave Boeing permission last month to resume deliveries of its 737 MAX 8 to local customers, ending …

  • MIsc. News

    Exclusive-India may keep 2024/25 gross borrowings close to current year’s level – sources

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

    By Sarita Chaganti Singh and Aftab Ahmed NEW DELHI (Reuters) – India’s federal government may keep its gross market borrowing for 2024/25 close to this fiscal year’s level, according to …

  • MIsc. News

    China clean energy sector was biggest driver of 2023 GDP growth -research report

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

    By Andrew Hayley BEIJING (Reuters) – China’s clean energy sector accounted for the largest portion of the country’s economic growth in 2023, according to a report by global research agency …

  • MIsc. News

    Hyundai Motor projects slower growth in 2024 on weak demand, macro uncertainty

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

    By Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korea’s Hyundai Motor on Thursday predicted slower sales growth this year due to weak demand and economic uncertainties such as interest …

  • MIsc. News

    New rules boost China property shares but could miss the mark, analysts say

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

    By Clare Jim HONG KONG (Reuters) -Chinese property shares rose on Thursday, strengthened by the latest relaxation in credit measures to support the embattled real estate industry, but few market …

  • MIsc. News

    NTSB to review production documents on Alaska Airlines 737 MAX 9

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

    WASHINGTON (Reuters) – The National Transportation Safety Board (NTSB) will travel to Boeing’s 737 factory in Renton, Washington, on Friday to examine documents related to the production of the Alaska …

  • MIsc. News

    China slams US ‘provocation’ in Taiwan Strait, pledges further drills

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

    BEIJING (Reuters) – China criticised the United States on Thursday for causing “trouble and provocation” after the U.S. Navy sailed its first warship through the sensitive Taiwan Strait since presidential …

  • MIsc. News

    Nokia beats profit expectations and forecasts demand recovery

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

    STOCKHOLM (Reuters) – Nokia expects a demand recovery in the second half of the year, it said on Thursday after weak sales of 5G equipment were offset by the Finnish …

  • MIsc. News

    Taiwan central bank minutes: can’t rule out more tightening if high inflation persists

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

    TAIPEI (Reuters) – Some board members of Taiwan’s central bank noted “persistent” concerns about higher inflation and said more monetary policy tightening could not be ruled out if inflation continued …

  • MIsc. News

    Exclusive-Biden urges US Congress to approve F-16 sale to Turkey ‘without delay’

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

    By Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden sent a letter to leaders of key Capitol Hill committees on Wednesday informing them of his …

  • MIsc. News

    STMicro sees Q1 sales well below estimates as auto chip demand softens

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

    By Michal Aleksandrowicz (Reuters) -European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further …

  • MIsc. News

    International investors fuel further growth in Japanese stock market

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

    (Reuters) – Foreign investors bolstered their positions in the rising Japanese stock market drawn by a depreciating yen that boosted exporter shares and a robust performance in the chip sector. …

  • MIsc. News

    Geopolitics, elections and policy uncertainty to weigh on China market – financial leaders

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

    By Selena Li and Xie Yu HONG KONG (Reuters) -Asia’s top financial executives expect geopolitical tensions, the coming U.S election and Beijing’s policy uncertainty to keep shaking investor confidence in …

  • MIsc. News

    New Tokyo apartments averaged above 100 million yen in 2023 for first time ever

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

    TOKYO (Reuters) -The price of new apartments in Tokyo during 2023 averaged more than 100 million yen annually for the first time ever, pushed up by rising labour and construction …

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