Author: Press Room
© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 6, 2023. REUTERS/Staff/File Photo (Reuters) – European shares were largely subdued on Wednesday as investors steered clear of risky bets ahead of the U.S. Federal Reserve’s much-anticipated interest rate decision and policy outlook. The pan-European edged up 0.1% by 0810 GMT, with rate-sensitive real estate and technology sectors rising, and energy stocks falling on lower oil prices. Investors have fully priced in a pause from the Fed later in the day, with Tuesday’s U.S. inflation data doing little to alter rate…
© Reuters. FILE PHOTO: The Crown Casino complex is pictured in Melbourne March 19, 2016. REUTERS/Jason Reed By Rishav Chatterjee (Reuters) -Blackstone-owned Crown Resorts is facing a investigation by an Australian state regulator after the casino operator said it was probing into CEO Ciaran Carruthers, who allegedly overruled the casino’s security officers over banning intoxicated customers. “In relation to the CEO’s conduct, the Victorian Gambling and Casino Control Commission (VGCCC) will review the outcome of Crown’s investigation into its CEO before determining what, if any, regulatory action may be taken,” the sector regulator for the state of Victoria said in…
Algernon Pharmaceuticals announces private placement
President Biden warned on Tuesday that Russia was celebrating American division over providing aid to Ukraine, as President Volodymyr Zelensky hit a wall of resistance from congressional Republicans during a daylong lobbying blitz in Washington.Speaking from the White House with Mr. Zelensky by his side, Mr. Biden said failing to support Ukraine would be a gift to President Vladimir V. Putin of Russia.“Putin is banking on the United States failing to deliver for Ukraine,” Mr. Biden said at the White House. “We must, we must, we must prove him wrong.”Republican leaders in Congress have insisted that any aid for Ukraine…
Trump invited a politician with controversial stances on abortion to Mar-a-Lago.North Carolina Lt. Gov. Mark Robinson came to a fundraising event Tuesday.The invitation draws attention to a topic Trump himself has wavered on. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Former President Donald Trump invited North Carolina Lieutenant Governor Mark Robinson to Mar-a-Lago for a “special event” on Tuesday. Robinson, the frontrunner in North Carolina’s gubernatorial race, is known for his strict stances on abortion despite personally admitting to paying for one decades…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Countries have reached a “historic” agreement at the COP28 climate summit to transition away from all fossil fuels to reach net zero emissions globally by 2050. Within minutes of opening a UN plenary session in Dubai on Wednesday morning, COP28 president Sultan al-Jaber brought down the gavel on the agreement with no objections from any of the almost 200 countries present. “We have language on fossil fuels in our final agreement for the first time ever,” said Jaber, also the head of…
© Reuters. FILE PHOTO: People shop on Oxford Street in London, Britain April 10, 2023. REUTERS/Anna Gordon/File Photo By William Schomberg and Andy Bruce LONDON (Reuters) -Britain’s economy shrank in October, official data showed on Wednesday, testing the Bank of England’s resolve to stick to its tough line against signalling cuts to interest rates from their 15-year high. Gross domestic product (GDP) fell by 0.3% from September, the Office for National Statistics said. A Reuters poll of economists had pointed to no change in GDP in October. It was the first time since July that GDP had shrunk on a…
© Reuters. FILE PHOTO: A shopper carries a bag from a Zara clothes store, part of the Spanish Inditex group, in Bilbao, Spain, November 30, 2021. REUTERS/Vincent West/File Photo MADRID (Reuters) -Zara owner Inditex (BME:) on Wednesday posted a 32.5% rise in nine-month net profit to meet forecasts yet sales slowed for the fast fashion giant amid tougher times for consumers. The world’s biggest fashion retailer reported a net profit of 4.1 billion euros ($4.42 billion) for the period to end-October, in line with analyst forecasts, most of whom are still betting on the company’s ability to sell draw more…
Park City Group raises dividend by 10% to $0.0165
MANCHESTER, N.H. – A brash Gov. Chris Sununu has a message for Nikki Haley’s rivals for the Republican presidential nomination – it’s time to get out of the race. “This is a race between two people – Nikki Haley and Donald Trump. That’s it,” Sununu stated as he spoke with reporters after endorsing Haley for president on Tuesday, at a town hall event at a ski lodge in New Hampshire’s largest city.Sununu, the popular Republican governor of the state that holds the first primary and second overall contest in the GOP presidential nominating calendar, emphasized that “with all due respect to…