Author: Press Room

Negative mailers are overstuffing Iowa mailboxes. Attack ads are cluttering the airwaves. And door knockers are fanning out from Des Moines to Dubuque and everywhere in between.The Iowa caucuses, the first contest in the Republican nominating calendar, are poised to play an especially consequential role in 2024. But with only 49 days to go, Donald J. Trump’s top rivals are running out of time to catch him as Ron DeSantis and Nikki Haley thrash each other in the final sprint to the starting line.Far ahead in national polls, Mr. Trump is aiming for an emphatic victory on Jan. 15 in…

P&O’s Pacific Adventure was supposed to stop at multiple ports in New Zealand, The Guardian reported.But it was turned away due to invasive species on the hull, and poor diving conditions stopped it being cleaned.Passengers have been suffering from sea sickness, and can receive a refund and $200 onboard credit after an outcry. 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 Passengers on a P&O cruise have been stuck onboard and suffering from sea sickness after the ship was turned away from New Zealand,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic, indicating that softening demand for luxury items is spreading to an asset class previously seen as a haven from volatile markets.Investment bank Noble & Co said analysis based on about 8,500 transactions of “fine and rare” single malts, defined as whiskies selling for more than £1,000 per 700ml or 750ml bottle, showed a 7 per cent drop to £27mn in the…

© Reuters. FILE PHOTO: Chancellor Olaf Scholz speaks during a hearing at Germany’s lower house of parliament Bundestag following the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt fro (Reuters) – Germany’s cabinet is expected to agree a supplementary 2023 budget this afternoon, a government spokesperson said on Monday. The cabinet will also try to present a 2024 budget by the end of the year, the spokesperson said, adding that if this did not work out, the plan was to agree a budget in January. The cabinet would base…

© Reuters. Molten Ventures PLC has expanded its portfolio with the acquisition of Forward Partners Group PLC, a transaction valued at £41.4 million. The deal, which is an all-stock agreement, allows Forward Partners’ shareholders to exchange their holdings for new Molten shares at a ratio of one for nine, representing a 7.3% discount based on the closing prices from Friday. As a result of the acquisition, Molten shareholders will hold approximately 91% of the enlarged entity. In conjunction with the acquisition, Molten Ventures is set to increase its financial muscle by raising an additional £50 million. This capital raise will…

Sean Gallup/Getty Images News Shopify Inc. (NYSE:SHOP) announced that it set a Black Friday record with a combined $4.1 billion in sales from businesses worldwide. The e-commerce giant said its merchants drove a 22% increase in sales over last year, with shopping reaching a peaked when collective sales reached $4.2M per minute at 12:01 p.m. EST on Friday. Notably, global sales on Shopify POS were up 33% year-over-year. During Black Friday, Shopify (SHOP) merchants saw an average cart price of $110.71 or $110.08 on a constant currency basis. The hottest product categories were clothing, personal care, and jewelry. The top…

Florida Gov. Ron DeSantis recently earned two key Iowa endorsements as he continues to push campaign resources into the state, a move that political experts tell Fox News Digital is an “all in” strategy as he looks to upset former President Trump in an uphill battle that could make or break his presidential ambitions next year.Shortly after receiving the endorsement of Iowa Gov. Kim Reynolds, DeSantis was endorsed by influential Iowa evangelical leader Bob Vander Plaats who said “there’s definitely a shot that the former president can be beat here” despite Trump leading DeSantis by at least 30 points, according…

AP Photo/Richard Drew, FileCopyright 2019 The Associated Press. All rights reserved There is no change in the market outlook. The market is expected to rally into yearend. The NASDAQ NDAQ 100 and the technology sectors maintained their relative strength right through the autumn overall market decline. These stocks are expected to maintain this strength through December. Stock selection is a bit difficult because so many of these equities are overvalued and overextended, leaving few choices for new investments. The Cycles Research stock screen identifies stocks that are strong both in terms of relative strength and cycles. The strength remains concentrated…

Stay informed with free updatesSimply sign up to the Chinese economy myFT Digest — delivered directly to your inbox.Pretty much everyone agrees that foreign direct investment has collapsed in China. But pretty much no one seems to agree on exactly how far it’s collapsed — including inside China. Some of this is simply due to the fact that economic data is tricky to collect and subject to frequent revisions, especially knotty stats like FDI in large countries like China. Moreover, China has a . . . unique approach to economic statistics, which means people often try to reverse-engineer more accurate data from other…

2/2 © Reuters. FILE PHOTO: General Motors assembly workers connect a battery pack underneath a partially assembled 2018 Chevrolet Bolt EV vehicle on the assembly line at Orion Assembly in Lake Orion, Michigan, U.S., March 19, 2018. REUTERS/Rebecca Cook/File Photo 2/2 By Gram Slattery and Nichola Groom WASHINGTON (Reuters) – Electric vehicles are a “hoax,” they do not work, and they are strengthening China’s economy at the expense of American jobs.     Those are among the criticisms that contenders for the 2024 Republican presidential nomination, including former President Donald Trump and Florida Governor Ron DeSantis, have leveled on the campaign trail…