Iran executes British-Iranian national, UK condemns ‘barbaric’ act

Iran executes British-Iranian national, UK condemns ‘barbaric’ act

Alireza Akbari was a former Iranian Deputy Defense Minister Arrested in 2019, he is accused of spying for Britain UK’s Sunak calls it ‘an insensitive and cowardly act’ Britain had said Iran should not follow through on his sentence DUBAI/LONDON, Jan 14 (Reuters) – Iran has executed a British-Iranian national who was once its deputy … Read more

TSMC cuts investment in 2023 after record fourth quarter as chip demand weakens

TSMC cuts investment in 2023 after record fourth quarter as chip demand weakens

Q4 profit of T$295.9 billion vs. T$289.44 billion, analysts say Fourth-quarter revenue up 26.7% year-on-year to $19.93 billion Sees 2023 investments at $32-36 billion from $36.3 billion the previous year The company plans to increase its production abroad TAIPEI, Jan 12 (Reuters) – Taiwanese chipmaker TSMC (2330.TW) warned on Thursday that first-quarter revenue would fall … Read more

Bed Bath & Beyond surges for day three of meme stock rally

Bed Bath & Beyond surges for day three of meme stock rally

Jan 11 (Reuters) – Shares of Bed Bath & Beyond (BBBY.O) surged on Wednesday as individual investors crowded in, extending the stock’s rebound from the multi-decade lows hit last week and reigniting a rally in other meme actions. Among the top three companies listed on Fidelity’s retail platform, Bed Bath & Beyond jumped 69% during … Read more

Wall St jumps on optimism ahead of key inflation report

Wall St jumps on optimism ahead of key inflation report

CPI report expected on Thursday before the bell Bed, Bath & Beyond Extends Recent Gains NEW YORK, Jan 11 (Reuters) – U.S. stocks closed with strong gains on Wednesday, led by a jump in the Nasdaq as investors were bullish ahead of an inflation report that could give the Federal Reserve some leeway to reverse … Read more