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MIsc. News

  • MIsc. News

    Verizon’s flexible mobile plans drive subscriber additions, strong forecast

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

    By Samrhitha A and Harshita Mary Varghese (Reuters) -Verizon Communications forecast annual profit above estimates on Tuesday after strong demand for its wireless plans and Black Friday promotions helped the …

  • MIsc. News

    DOJ seeks additional info from Six Flags, Cedar Fair on $8 billion merger

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

    (Reuters) – Amusement park operators Six Flags Entertainment and Cedar Fair said they have received a request for additional information and documents from the U.S. Department of Justice (DOJ), which …

  • MIsc. News

    US oil and gas dealmaking reaches fever-pitch in 2023, Enverus says

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

    (Reuters) – Blockbuster takeovers by oil and gas majors pushed the value of U.S. energy dealmaking last year to a record $192 billion, more than triple the amount in 2022, …

  • MIsc. News

    Cryptoverse: Will bitcoin behave better on Wall Street?

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

    By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may …

  • MIsc. News

    EU unlikely to confiscate Russian central bank assets – officials

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

    By Julia Payne and Jan Strupczewski BRUSSELS (Reuters) – The European Union is unlikely to confiscate Russian central bank assets frozen in Europe, despite G7 plans to discuss the legality …

  • MIsc. News

    Australia, US, UK sanction Russian hacker over Medibank breach

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

    By Renju Jose SYDNEY (Reuters) -Australia, the United States and Britain on Tuesday imposed cyber sanctions on a Russian man for his role in the breach at insurer Medibank, one …

  • MIsc. News

    US seeks to stop citizens’ data exploitation for blackmail, espionage – Bloomberg News

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

    (Reuters) – The United States plans to announce a new executive order to seek to prevent foreign adversaries from accessing troves of highly sensitive personal data about Americans and people …

  • MIsc. News

    Jack Ma bought Alibaba shares worth $50 million in fourth quarter – NYT

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

    (Reuters) – Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter, the New York Times reported on …

  • MIsc. News

    Russian government, central bank disagree publicly over extending capital controls

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

    By Alexander Marrow, Darya Korsunskaya and Elena Fabrichnaya MOSCOW (Reuters) -Russian authorities publicly disputed the efficacy of capital controls on Tuesday, with the central bank swiftly opposing the government’s proposal …

  • MIsc. News

    Computer parts maker Logitech targets ‘gradual’ return to sales growth

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

    By John Revill (Reuters) -Logitech International’s new CEO is targeting a return to revenue growth after the computer peripherals maker on Tuesday raised its full year sales and profit guidance. …

  • MIsc. News

    Fed to cut in Q2, probably June; economists less dovish than markets- Reuters poll

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

    By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will wait until the second quarter before cutting interest rates, according to a majority of economists polled …

  • MIsc. News

    PACCAR beats quarterly profit, revenue estimates on demand for newer truck models

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

    (Reuters) – PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models. Shares of the U.S. truck maker were up …

  • MIsc. News

    Europe should boycott Alabama over nitrogen execution – peace group

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

    By Philip Pullella ROME (Reuters) – A peace group with close ties to the Vatican said on Tuesday it will appeal to European businesses and tourists to boycott the U.S. …

  • MIsc. News

    Latest strikes on Yemen’s Houthis destroyed intended targets, UK says

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

    By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -U.S. and British forces carried out a new round of strikes on Monday in Yemen, targeting a Houthi underground storage site as …

  • MIsc. News

    BOJ signals conviction on hitting inflation goal in hawkish tilt, stands pat for now

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

    By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its …

  • MIsc. News

    RTX beats estimates on aviation strength, defense demand

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

    By Pratyush Thakur and Mike Stone (Reuters) -A recovery in commercial air traffic and increased global defense spending helped RTX report better-than-expected fourth-quarter earnings on Tuesday, by boosting margins in …

  • MIsc. News

    Investors give up futile wait for China to fix economy

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

    By Samuel Shen and Rodrigo Campos SHANGHAI/NEW YORK (Reuters) -From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world’s second-biggest …

  • MIsc. News

    Bank of England set to start on path towards interest rate cuts

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

    By William Schomberg LONDON (Reuters) – The Bank of England is expected to take a tentative first step towards cutting interest rates from their highest level in nearly 16 years …

  • MIsc. News

    Bank of America cuts 20 staff in Asia, China-focused bankers affected most- sources

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

    By Kane Wu and Selena Li HONG KONG (Reuters) -Bank of America on Tuesday announced job cuts of around 20 bankers in Asia, three sources with knowledge of the matter …

  • MIsc. News

    Video-game market recovery to pick up steam in 2024 on strong console sales – report

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

    (Reuters) – A recovery in the global video-game market is expected to pick up pace this year on the back of strong sales of Microsoft’s Xbox and Sony’s PlayStation 5 …

  • MIsc. News

    German regulator steps up warnings on property as industry reels

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

    By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -The head of Germany’s financial regulator said on Tuesday that 2024 will be less rosy for bank profits and that real estate …

  • MIsc. News

    Caution key to investing in construction tech startups this year, Cemex says

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

    By Kylie Madry MEXICO CITY (Reuters) – Investors in construction technology startups are going to be cautious in the first half of the year as geopolitical factors, market demand and …

  • MIsc. News

    Megacap US tech results pivotal for market that is at record highs

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

    By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street’s run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open …

  • MIsc. News

    Truck and bus maker Iveco partners with BASF for battery recycling

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

    MILAN (Reuters) – Italian truck and bus maker Iveco Group has partnered with German chemicals group BASF for the recycling of lithium-ion batteries of its electric vehicles (BEVs), the two …

  • MIsc. News

    Most euro zone banks face risk from climate complacency, ECB finds

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

    FRANKFURT (Reuters) – Most big banks in Europe are failing to adjust their business to the looming decarbonisation of the bloc’s economy and thus face increased financial, reputational and legal …

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