Author: Press Room
Everyone is freaking out about the new Slack update.It includes lots of new theme colors, including gradient mixes.Some colors are nice, but others … are not our favorites. 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 By now, you’ve probably seen that some — ahem, many — people are kind of pissed about the new Slack update.Slack, now the go-to messaging app for many offices and workspaces, was initially released in 2013 and has only grown in popularity. The company hosts over 10 million…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Health leaders have urged ministers to “pull every lever” to prevent any further strikes, warning that NHS England cannot afford more industrial action as the service braces for one of its most testing winters.The warning by NHS Providers, which represents health organisations across England, came as talks continued between the government and the British Medical Association doctors’ union to resolve its fractious longstanding pay dispute.Strikes across the health service since December 2022 have compounded the pressures faced by NHS England ahead of winter, with…
© Reuters. People walk past a screen displaying the Hang Seng stock index at Central district, in Hong Kong, China October 25, 2022. REUTERS/Lam Yik/File Photo By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve’s policy outlook, while the fragile yen flirted with one-year lows, putting it back in the intervention zone. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.49% higher, while Tokyo’s gained 0.36%. Australia’s was up 0.61%. The Japanese yen was at 151.71 per dollar in…
© Reuters. Car miniature, “Electric vechicles (EVs)” words, U.S. and Chinese flags are seen in this illustration taken, September 26, 2023. REUTERS/Dado Ruvic/Illustration By David Shepardson WASHINGTON (Reuters) – Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the “strictest possible standards” to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits. Manchin, who chairs the Senate Energy Committee, raised concerns in a letter to Treasury Secretary Janet Yellen about reports Chinese battery companies are actively pursuing business opportunities to take advantage of the credits, adding U.S. tax credits “cannot be allowed to…
© Reuters. Investing.com– Oil prices rose slightly in Asian trade on Tuesday, extending gains after a report from the Organization of Petroleum Exporting Countries helped ease some concerns over slowing demand. Crude prices also took mild support from the U.S. buying 1.2 million barrels of crude to refill the Strategic Petroleum Reserve, while reports of a stricter crackdown on Russian oil exports also signaled tighter markets. But gains in oil prices were limited as traders hunkered down before a key U.S. inflation report due later in the day, which is widely expected to determine the path of interest rates in…
Teck Resources nears deal to sell coal business to Glencore – WSJ
House Democrats, with the help of a small group of Republicans, on Monday successfully blocked an effort led by Rep. Marjorie Taylor Greene, R-Ga., to impeach Homeland Security Sec. Alejandro Mayorkas in a straight up or down vote.The final vote tally was 209-201, with eight Republicans joining all Democrats in support of the latter party’s motion to stop that floor vote, and instead refer the impeachment resolution introduced by Greene to the House Homeland Security Committee. Twenty-four members — 12 Democrats and 12 Republicans — did not vote on the measure.The eight Republicans who joined Democrats included Reps. Ken Buck,…
A recent trip to Vietnam underscored how this fascinating Southeast Asia region is adeptly maneuvering the rift between the United States and China to fuel its own economic rise. I was in Hanoi for the Vietnam Venture Summit 2023, an event organized by the country’s Ministry of Planning and Investment and Golden Gate GT Ventures. The summit was Vietnam’s debut to the business community following the upgrade of its relations with the U.S. during President Biden’s visit in September. The event featured hundreds of local startup entrepreneurs eager to meet with foreign and regional venture capital firms. The investor “speed…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Singapore’s GIC, one of the world’s largest institutional investors, has advised “doubling down” on Big Tech rather than overvalued start-ups in the booming generative artificial intelligence sector. Lim Chow Kiat, chief executive of the $700bn sovereign wealth fund, said tech giants, including Microsoft, Alphabet and Meta, had begun capturing “a lot of value” in the transformative technology with their existing customers. “Customers are paying for [their services] already. So, actually, that is quite a good place for investors to double down on,” he said…
© Reuters. A view of a Commonwealth Bank of Australia branch in Sydney, Australia, April 18, 2018. REUTERS/Edgar Su By Byron Kaye and Himanshi Akhand (Reuters) -Commonwealth Bank of Australia’s home loan book slumped A$4.5 billion ($2.9 billion) in the September quarter as it shied away from cut-throat competition but the nation’s biggest lender said margins had stabilised, sending its shares higher. The update from the originator of a quarter of Australia’s A$2 trillion mortgage market suggests a strategic change is paying off: CBA was first among Australia’s major banks to stop luring borrowers with cash handouts and what it…