Pavel wins searing vote against ex-PM Babis Pavel gives clear support to Ukraine and the West Promises to end divisions brought by Babis, outgoing Zeman Record voter turnout in the presidential election PRAGUE, Jan 28 (Reuters) – Former army chief and senior NATO official Petr Pavel won the Czech Republic’s presidential election on Saturday on … Read more
WASHINGTON, Jan 28 (Reuters) – The top U.S. Treasury Department sanctions official on a trip to Turkey and the Middle East next week will warn countries and companies they could lose access to the U.S. market if they do business with entities subject to US restrictions as Washington cracks down on Russian attempts to evade … Read more
PCE: Inflation slows with consumer spending American Express and Visa climb higher on solid demand Chevron falls after missing earnings estimates Indices up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95% NEW YORK, Jan 27 (Reuters) – Wall Street advanced on Friday, marking the end of a turbulent week in which economic data and corporate earnings forecasts … Read more
Ukraine says it needs more weapons and calls for sanctions Western allies agreed this week to provide tanks Russia says US president holds key to end fighting NEAR VUHLEDAR, Ukraine, Jan 27 (Reuters) – Ukraine battled Russian troops trying to break through its lines to the east and northeast on Friday, and artillery shelling intensified … Read more
Rockets from Gaza have raised alarm in Israeli communities Cross-border gunfire followed an Israeli raid in the West Bank Israeli raid kills at least nine Palestinians Violence has increased in the West Bank over the past year JERUSALEM/GAZA, Jan 27 (Reuters) – Israeli fighter jets struck Gaza on Friday night in retaliation for two rockets … Read more
CAIRO, Jan 26 (Reuters) – Egyptologists have discovered a pharaonic tomb near the capital Cairo containing what may be the oldest and “most complete” mummy ever found in the country, the head of the excavation team. The 4,300-year-old mummy was found at the bottom of a 15-meter shaft in a newly discovered group of Fifth … Read more
MUMBAI, Jan 27 (Reuters) – Shares of Indian firm Adani Enterprises (ADEL.NS) fell 15% on Friday as a scathing report from a U.S. short seller sparked a rout at the conglomerate’s listed companies , casting doubts on how investors will react to the company’s record $2.45 billion secondary sale. Seven listed companies in the Adani … Read more
Jan 26 (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) heading into what he thinks is a “serious” recession: cutting costs on everything from parts to logistics, while maintaining pressure on competitors with reduced prices. . During a conference call to discuss Tesla’s fourth quarter results, Musk and other executives outlined plans to … Read more
GDP is expected to increase by 2.6% in the fourth quarter Strong consumer spending observed; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The U.S. economy likely maintained a healthy pace of growth in the fourth quarter as consumers increased their spending on goods, but momentum appears … Read more
Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit … Read more
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