Author: Press Room
TUSCALOOSA, Ala. – The smallest debate stage to date in the 2024 Republican presidential nomination race had some of the biggest fireworks.Much of the verbal crossfire at Wednesday’s showdown at the University of Alabama was directed at former ambassador to the United Nations and former South Carolina Gov. Nikki Haley, who has enjoyed plenty of momentum this autumn.But despite the best efforts of former New Jersey Gov. Chris Christie — who repeatedly chastised his rivals for failing to verbally confront former President Donald Trump — the commanding Republican 2024 front-runner came away from the fourth debate relatively unscathed as he…
China on Wednesday said the Shidaowan nuclear reactor is officially contributing to the power grid.While less powerful than foreign plants, it’s the world’s first reactor that uses helium, not water.Nuclear plants often use billions of gallons of water per day, a problem for water-starved China. 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 China on Wednesday announced that it’s started commercial operations at the world’s first next-generation nuclear reactor.The new reactor, built in Shandong by state-owned energy company Huaneng, Tsinghua University, and the China…
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekdayGood morning. The rally in stocks may have stalled in the past week or so; not so bonds. The 10-year Treasury yield is close to 4 per cent, having peaked at almost 5 per cent in October. To us, the direction of the moves is not as surprising as their speed. The volatility of long rates this year does not seem (to us) to be justified by changes in Fed policy rate expectations. Something else is going…
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian equities attracted substantial foreign investment in November, signalling the prospects of continued inflows next year, bolstered by a decrease in U.S. Treasury yields and rising optimism for potential Federal Reserve rate cuts. According to data from stock exchanges across Taiwan, South Korea, India, Indonesia, the Philippines, Thailand, and Vietnam, foreign investors bought a net $11.16 billion in stocks last month, the most since May. The inflows were underpinned by cooler-than-expected U.S. October inflation data and dovish comments from Federal Reserve officials, which led to sharp declines in both U.S. Treasury yields…
© Reuters. FILE PHOTO: European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo By Foo Yun Chee and Supantha Mukherjee BRUSSELS (Reuters) – EU lawmakers and governments were still wrangling on Thursday morning over several key issues on landmark rules governing artificial intelligence, two sources familiar with the matter said, as marathon overnight talks entered their second day. The two sides agreed on how to regulate fast-growing generative AI systems such as ChatGPT in the early hours of Thursday, a source told Reuters. But several key issues such as its use in…
KYIV (Reuters) -A driver was killed and grain infrastructure damaged by a Russian drone attack on Ukrainian grain infrastructure near the Danube River, the governor of Odesa region said on Thursday. The governor said the drone attack lasted for over two hours overnight, and that while most were shot down, some got through, damaging a storage building, an elevator and trucks. Ukraine’s Danube ports have become a key artery for the country’s huge export volumes of grain as Russia blockades the Black Sea since invading its neighbour in February 2022. Moscow hit Danube port infrastructure with waves of drone attacks…
Knightscope appoints Apoorv S Dwivedi as EVP and CFO
In the fourth and final Republican presidential debate of the year, the narrow policy differences among the candidates were overshadowed by feisty personal clashes and insults.With the Iowa caucuses six weeks away, those who watched the proceedings noted how former Gov. Chris Christie and Vivek Ramaswamy freely and loudly aired their grievances, while former Ambassador Nikki Haley — whose star has been rising — carefully tried to deflect incoming fire and for the most part emerged unscathed. Gov. Ron DeSantis, whose campaign has experienced some upheaval amid sliding poll numbers, delivered what many observed was his strongest performance to date,…
Pfizer’s Albert Bourla was left disappointed by Tuesday’s congressional hearing on antisemitism. Bourla said he was “ashamed” to hear the testimonies from Harvard, MIT, and UPenn’s presidents.”It was one of the most despicable moments in the history of US academia,” Bourla added. 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 Pfizer chief Albert Bourla took to X on Wednesday to condemn the presidents of Harvard, MIT, and the University of Pennsylvania for their congressional testimonies on antisemitism.”I was ashamed to hear the recent testimony of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Three guesses on the nationality of the company that the Italian government has deemed to be “an exceptional threat” to national security owing to its interest in buying a small Turin-based aerospace supplier? If you guessed a Chinese or Russian company, you would be wrong. It is, in fact, Safran of France, the aerospace and defence company that supplies to critical European military programmes such as Eurofighter.Safran has made a $1.8bn offer to buy the flight controls and actuation business of Collins Aerospace,…