Today: September 25, 2024
Today: September 25, 2024

Latest From Caroline Valetkevitch

Business|Economy|Finance|Stock Markets

Nasdaq ends down 1% as tech shares fall; Treasury auction weak

U.S. stocks ended lower on Wednesday, with the Nasdaq falling 1% as technology shares declined and weak demand in a 10-year Treasury auction stoked

Nasdaq ends down 1% as tech shares fall; Treasury auction weak
Business|Economy|Finance

Uganda cuts key rate as shilling recovery helps inflation outlook

Uganda's central bank reduced its key lending rate by 25 basis points to 10.00% on Wednesday, saying a recovery in the shilling currency had led to an

Europe|News|World

Ukraine says it raided Russian-controlled spit in Black Sea

Ukraine's military intelligence agency confirmed on Wednesday that its forces had conducted a raid on the Russian-controlled Tendra Spit in the northwest of the Black Sea, saying they

Business|Finance|Travel

Hilton lifts profit view as international travel offsets weak US demand

Hotel operator Hilton Worldwide raised its forecast for 2024 profit after beating second-quarter estimates on Wednesday as robust demand for international travel offset

Hilton lifts profit view as international travel offsets weak US demand
Business|Finance|Stock Markets|Technology

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast

Shares of AI high-flier Super Micro Computer tumbled to a six month low on Wednesday as a faster-than-expected contraction in the server maker's gross margin overshadowed a

High-flying Super Micro slides as margin squeeze clouds upbeat sales forecast
Finance|News|Stock Markets

BOJ eases market migraine, Super Micro aches

A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to

BOJ eases market migraine, Super Micro aches
Business|Economy|Finance|News

Air Canada shifts capacity to Pacific routes after profit falls

Air Canada said it would redeploy capacity to Asia Pacific routes on softer European demand, after reporting a lower second-quarter profit that came in ahead of analysts' estimates on

Air Canada shifts capacity to Pacific routes after profit falls
Election|News

Minnesota's economy under Walz in five charts

Vice President Kamala Harris, the Democratic nominee to succeed U.S.

Minnesota's economy under Walz in five charts
Business|Finance|Technology

Lyft's soft forecast fans worries of losing ground to Uber, shares tank

Lyft's shares tanked 16% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber.

Lyft's soft forecast fans worries of losing ground to Uber, shares tank
Crime|Europe

Polish man given prison sentence for punching Danish prime minister

A Polish man was sentenced to four months in prison on Wednesday for punching Danish Prime Minister Mette Frederiksen while she walked through Copenhagen

Polish man given prison sentence for punching Danish prime minister
Europe|News

Pope's weekly audience disrupted by animal rights activists

Pope Francis's weekly general audience at the Vatican on Wednesday was briefly interrupted by two women from an animal rights group, who shouted and held up signs against

Pope's weekly audience disrupted by animal rights activists
Asia|News|World

Thai court orders dissolution of opposition Move Forward Party

Thailand's Constitutional Court on Wednesday ordered the dissolution of the popular opposition Move Forward party over its campaign to amend a royal insults law that protects the

Thai court orders dissolution of opposition Move Forward Party
Crime|Europe|News

Russian military blogger jailed for 6.5 years for "fake news"

A Russian military blogger has been sentenced to six-and-a-half years in a penal colony after being found guilty of spreading false information about the armed forces, state

Asia|Celebrity|Entertainment

BTS member Suga apologises for drunk driving on e-scooter

K-pop star Suga, a member of the boy band supergroup BTS, apologised on Wednesday after police in Seoul, the South Korean capital, fined him and revoked his licence for drunk driving

BTS member Suga apologises for drunk driving on e-scooter
News|World

Russian drone attack injures one, damages homes in Kyiv region, authorities say

Ukraine's air force shot down all 30 drones launched by Russia overnight over seven regions, it said in a statement on Telegram messaging app.

Crime|Europe|News

Anti-racism protests sweep Britain after far-right riots

Thousands of police and anti-racism protesters gathered on streets across Britain on Wednesday to challenge expected far-right

Anti-racism protests sweep Britain after far-right riots
Business|Europe|Finance|Stock Markets

Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps

A strong comeback by banks on Wednesday helped Europe's main stock index log its biggest one-day gain since November, even though the continent's largest

Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps
Business|Economy|Finance|Sports

French economy given a lift by Olympics, says Visa

The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm

French economy given a lift by Olympics, says Visa
Asia|Business|Finance|Stock Markets

Investor files liquidation petition in China against Evergrande unit

An investor has filed a petition in a Chinese court to liquidate a major onshore unit of heavily indebted property developer China Evergrande, a stock filing by the

Investor files liquidation petition in China against Evergrande unit
Business|Economy|News

UK revises up 2022 economic growth to +4.8%

Britain's economy grew more strongly than previously thought in 2022, according to revised official data that gave more weight to the oil and gas sector which was buoyed by high

UK revises up 2022 economic growth to +4.8%
Business|Finance

Glencore could buy more steelmaking coal assets at right price

Glencore could consider buying more steelmaking coal assets at right price, good quality and in the right location, the London-listed miner's Chief Executive Gary Nagle said in a

Glencore could buy more steelmaking coal assets at right price
Business|Economy|News

Shipper Maersk sees growth slowing after Red Sea crisis boost

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by

Shipper Maersk sees growth slowing after Red Sea crisis boost
Business|Finance|Technology

SoftBank unveils $3.4 billion buyback amid pressure from investors

Japanese technology investor SoftBank Group said on Wednesday it plans to buy back a hefty $3.4 billion of its shares, an action called for by shareholders including

SoftBank unveils $3.4 billion buyback amid pressure from investors
Business|Finance

Honda Q1 profit jumps 23%, helped by hybrid vehicle sales

Japan's Honda Motor reported a 23% increase in first-quarter profit on Wednesday as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales in the

Honda Q1 profit jumps 23%, helped by hybrid vehicle sales
Business|Finance

Bottler Coca-Cola HBC lifts 2024 revenue forecasts on strong H1

Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group posted higher first-half revenue, helped by measures to mitigate the impact

Bottler Coca-Cola HBC lifts 2024 revenue forecasts on strong H1

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