Ukraine war: fighting intensifies in east and north after tank promises

Ukraine war: fighting intensifies in east and north after tank promises

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

Israel hits Gaza as conflict erupts after West Bank clashes

Israel hits Gaza as conflict erupts after West Bank clashes

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

Indian Adani begins record sell-off in shares as short seller triggers $44bn rout

Indian Adani begins record sell-off in shares as short seller triggers bn rout

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

Musk describes Tesla’s recession book: cost recovery

Musk describes Tesla’s recession book: cost recovery

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

Strong US economic growth expected in the fourth quarter, darkening outlook

Strong US economic growth expected in the fourth quarter, darkening outlook

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

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

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

Microsoft cloud outage hits users around the world

Microsoft cloud outage hits users around the world

Outage affects Microsoft Azure cloud platform for hours Several Microsoft services, including Teams and Outlook hit Microsoft says most customers now have service restored Shares down 3.2% Jan 25 (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday it had recovered all of its cloud services after a network outage took down its Azure cloud platform … Read more

Rupert Murdoch drops proposal to merge Fox, News Corp, considers sale of Move

Rupert Murdoch drops proposal to merge Fox, News Corp, considers sale of Move

Jan 24 (Reuters) – Rupert Murdoch on Tuesday withdrew his proposal to bring together News Corp (NWSA.O) and Fox Corp as the company also plans to sell Move Inc, which operates the Realtor.com website, to the CoStar Group, according to to a regulatory filing and to sources familiar with the process. Three sources familiar with … Read more

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay in hiding

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay in hiding

The Last Mafia Boss Enjoyed Unusually Strong Loyalty The Omerta code of silence also helped the boss stay hidden “The Last Godfather” Messina Denaro lived near her mother PALERMO, Italy, Jan 25 (Reuters) – When Salvatore Catalano discovered that mafia boss Matteo Messina Denaro was living a short walk from his home in the western … Read more

Hindenburg says it holds short positions on Adani in India

Hindenburg says it holds short positions on Adani in India

BENGALURU, Jan 25 (Reuters) – Hindenburg Research said on Wednesday it held short positions in Adani Group companies through U.S.-traded bonds and derivatives not traded in India, sending shares of the companies tumbling. of the Indian conglomerate. The short seller said seven Adani-listed companies are down 85% on a fundamental basis due to skyrocketing valuations … Read more