Tag: fast
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Oil rises as Middle East supply concerns persist amid shipping attacks
Oct 8 : Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz. Brent crude futures rose $1.33, or 1.33 per cent, at $101.53 a barrel by 0116 GMT. US West Texas Intermediate…
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Oil price volatility tops list of earnings risks for Japan firms – Reuters survey
TOKYO, Oct 8 : Volatility in the global crude oil market tops the list of major risks for Japanese companies, followed by foreign exchange fluctuations and rising interest rates, a Reuters survey showed on Thursday.The US-Israeli war on Iran, which began on February 28, has constrained crude oil supply, sent
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LG Energy Solution flags 26% rise in Q3 operating profit
SEOUL, Oct 8 : South Korean battery maker LG Energy Solution said on Thursday the company expects its July-September operating profit to rise 25.7 per cent to 756 billion won ($564.09 million).That compared with an LSEG SmartEstimate forecast for an operating profit of 309 billion won, which is weighted towar
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IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billion
Oct 7 : The International Monetary Fund has reached a staff-level agreement with Pakistan on reviews of some of its lending programs, potentially unlocking about $1.21 billion in financing pending board approval, the fund said on Wednesday.• If the board approves the deal, Pakistan could access about $1 bi
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Bezos says Blue Origin likely to pursue IPO in coming years
Oct 7 : Blue Origin is likely to pursue an initial public offering in the coming years, billionaire founder Jeff Bezos said on Wednesday, after the space company raised $10 billion from outside investors for the first time in a funding round.”I think, someday, Blue Origin will have an IPO… It would be sever
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Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings
SEOUL, Oct 8 : Samsung Electronics on Thursday projected a nearly nine-fold jump in third-quarter operating profit from a year earlier, beating analysts’ estimates as booming demand for artificial intelligence chips drove strong memory earnings.The world’s largest memory chipmaker estimated an operating profi
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McKenzie starts at flyhalf for first Bledisloe test after Mo’unga injury
Oct 8 : Damian McKenzie will start at flyhalf for the All Blacks against the Wallabies in the first Bledisloe Cup test at Eden Park on Saturday after Richie Mo’unga was ruled out by an injury suffered in training.• Coach Dave Rennie’s preferred starter Ruben Love has been sidelined by an ankle injury so Mo’
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Trading Day: Stocks, bonds in delicate dance
ORLANDO, Florida, Oct 7 : A sea of red swept across global stocks on Wednesday as the bond market selloff picked up again and lifted long-dated US yields to 24-year highs, although a strong 10-year Treasury auction and minutes of the Fed’s last policy meeting eased some of the upward pressure on borrowing costs.
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Evicted pensioner who sparked Spain housing protests dies: tenant union
Maricarmen Abascal has died after becoming a symbol of Spain’s housing movement following her eviction.
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TikTok gave teens, children placebo safety feature in experiment, New York alleges
Oct 7 : TikTok ran an experiment on thousands of users who tried to turn on a safety feature on the platform, giving them non-functional versions of the tool, according to allegations in New York’s lawsuit against the company unsealed on Wednesday.In the so-called “ghost” or placebo experiments, TikTok
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