U.S. stocks slipped Wednesday morning as another bout of earnings results hit traders' desks, while enthusiasm from the previous session over Federal Reserve Chair Jerome Powell embrace of "disinflation" faded.
Police in Indonesia's tourist island of Bali have arrested an Italian fugitive wanted on mafia-related drug trafficking charges, Italian authorities said Wednesday. Antonio Strangio, 32, was arrested at Bali's Ngurah Rai International Airport as he disembarked from a flight from Australia, where he had been living since 2016, carabinieri paramilitary police said. Strangio was wanted for alleged production and trafficking in drugs, and was subject of an Interpol “red notice."
“I do have a nice person in mind,” the soul music icon admitted on Tuesday's episode of The Jennifer Hudson Show
Italy's EuroGroup Laminations, a maker of components for electric motors and generators, on Wednesday set a price of its initial public offering (IPO) of 5.5 euros ($5.90) per share, in line with expectations. Eurogroup, which is expected to debut on Friday on the Milan Stock Exchange, is the first big IPO in Italy since electrode maker Industrie De Nora listed last June and is seen as a test of appetite in European markets.
The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central banks will cut interest rates in 2024, according to a Reuters poll released on Wednesday. In three months, however, the loonie is set be little changed at 1.34 per U.S. dollar, or 74.63 U.S. cents, according to the median forecast from currency analysts, though that was slightly stronger than January's forecast of 1.35. "China is one of the big fundamental drivers for why there is growing optimism ... With that demand coming back, it's going to be supportive of the global economy and it could be a boost to pro-cyclical currencies," said Jay Zhao-Murray, market analyst at Monex Canada Inc.
Citigroup Inc may see more net interest margin (NIM) pressure than the other four big U.S. banks this year due to its high deposit betas, or the percentage of changes in interest rates that banks pass on to consumers, a Moody's report showed. That would make it harder for Citi to catch up with rivals on profitability as a higher deposit rate increases a bank's interest expense. "Over the course of this Fed tightening cycle, we calculate that Citi has had the highest deposit beta, and the gap in its deposit beta relative to peers widened even further in the fourth quarter of 2022," analysts at Moody's Investors Service wrote in a report on Tuesday.
Britain’s competition watchdog has threatened to block Microsoft’s $69bn (£57bn) merger with Activision Blizzard or force the PC maker to agree to sell the best performing video game involved in the deal.
British crisp company Burts Snacks has been bought by a major French conglomerate after almost three decades of family ownership.
Dublin, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The "Clinical Trials Management Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Service Type, By Industry, By Indication, By Company and By Region" report has been added to ResearchAndMarkets.com's offering.The global clinical trials management services market is anticipated to observe impressive growth during the forecast period, 2023-2027 The major factors include growing incidences of various di
Major players in the radiotherapy devices market are Varian Medical Systems, Elekta AB, Accuray Inc, C.R.Bard Inc, IBA Ion Beam Applications SA, Koninklijke Philips N.V, Siemens AG, Eckert & Ziegler Bebig, IsoRay Inc, and GE Healthcare.New York, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Radiotherapy Devices Global Market Report 2023" - https://www.reportlinker.com/p06280906/?utm_source=GNW The global radiotherapy devices market is expected to grow fr
John Cleese will write and star in the revival alongside his daughter Camilla Cleese.
Last year’s Arctic Inspiration Prize brought an exciting opportunity for George Kauki and Sarah May. They work for the Isuarsivik Regional Recovery Centre as Inuit values and practices co-ordinators. Kauki and May’s Ilagiitigut anngiangijaqatigiinnirq ilurqusivuttigut project, which aims to provide on the land as well as Inuit traditional healing for people living with addictions and trauma, was awarded the Arctic Inspiration Prize’s $1 million reward last February. The 2023 Arctic Inspiration P
Memphis Grizzlies star Ja Morant spoke to reporters for the first time since the incident between his friends and Indiana Pacers became public.
enCore Energy Corp. ("enCore" or the "Company") (NYSE American: EU) (TSXV: EU) today announces that it has closed its previously announced public offering (the "Offering") of units (the "Units") of the Company. Pursuant to the Offering, the Company issued a total of 10,615,650 Units at a price of C$3.25 per Unit for aggregate gross proceeds of C$34,500,862.50, including the full exercise of the over-allotment option granted to the Underwriters (as defined herein) under the Offering.
This 911 doesn't need roads...
THE HAGUE, Netherlands (AP) — An international team of investigators said Wednesday it found “strong indications” that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia Airlines flight MH17 in 2014 with a Russian missile. However, members of the Joint Investigation Team said they had insufficient evidence to prosecute Putin or any other suspects and they suspended their 8 1/2-year inquiry into the shooting down tha
The OnePlus 11 5G comes with a $100 gift card if you pre-order at Amazon.
Somewhere along the line, NBA discourse just forgot about Kareem Abdul-Jabbar, as debates over the Greatest Of All Time shifted instead to Michael Jordan and LeBron James for no other reason but time.
A new pay-per-view commentary team will debut at UFC 284 in the absence of Daniel Cormier and Joe Rogan.
Activision stock is down more than 3% in pre-market trading after the UK's antitrust regulator raised competition concerns about Microsoft's proposed $69 billion purchase of the "Call of Duty" maker.