Author: Press Room
Sudan’s military said on Saturday that the evacuation of foreign diplomats and citizens from the country has begun after a week of battles that have hindered rescue efforts. The military said in a statement that Saudi diplomats had been evacuated, and that the UK, US, France and China were expected to send military aircraft to Khartoum to evacuate their diplomats in “the coming hours”.Saudi Arabia’s foreign ministry said the kingdom evacuated 157 people including 91 Saudis and citizens of other countries. State television showed a navy ship arriving in the port city of Jeddah with evacuees. A French official declined…
Chief Justice John Roberts has declined to directly respond to a congressional request to investigate Justice Clarence Thomas’ alleged ethical lapses. Roberts instead referred the request from Senate Judiciary Chairman Dick Durbin to the Judicial Conference, which serves as the policy-making body of the federal courts. The Illinois Democrat had penned a letter urging Roberts to investigate Thomas after a ProPublica report that found that Thomas had gone on several luxury trips at the invitation of a GOP megadonor. The trips were not disclosed on Thomas’ public financial filings. Thomas said in a statement that he had not reported the…
Is “King Dollar” in danger of losing its crown? Probably not yet, but the rapid unwinding of last year’s torrid rally in the U.S. dollar, combined with efforts in Beijing and beyond to ease dependence on the buck, have helped to reinvigorate speculation that the greenback’s dominance over international trade and finance may be moving toward its twilight. Talk… Read the full article here
Oil futures declined on Wednesday, with the U.S. benchmark falling below $80 a barrel to their lowest settlement in more than two weeks. Pressure from concerns over the outlook for energy demand outweighed support from a weekly decline in U.S. crude supplies. Price actionSupply and demand Oil futures declined Wednesday… Read the full article here
Dear Quentin, I bought my home in California for $520,000 in 2017. It’s now worth $980,000. In 2019, I met my now-wife who moved in at the beginning of 2020. We married six months later in July 2020. Things were going great and we decided to have one bank account. I also added my wife to my home on the deed as 50/50 in January 2021. I… Read the full article here
© Reuters. FILE PHOTO: An Embraer KC-390, a medium-size, twin-engine jet-powered military transport aircraft, is seen parked before a flying display, on the eve of the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 18, 2017. REUTERS/Pascal Rossign LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA (NYSE:) would manufacture aircraft that meet NATO’s requirements in a partnership with Portuguese aerospace company OGMA. Embraer, which holds 65% of OGMA’s capital, makes several types of planes, including a light attack aircraft called “Super Tucano”. The company launched last week the…
By Ambar Warrick Investing.com — Gold prices traded below key levels on Thursday, coming under pressure from a resurgence in the dollar and mounting expectations that major central banks across the globe will keep raising interest rates in the near-term. Hotter-than-expected cemented expectations for more rate hikes by the , while markets also began to price in a greater chance of more hikes by the Federal Reserve in the next two months. This pushed up bond yields across the board, weighing on non-yielding assets such as gold and other metals. The Fed’s report released on Wednesday also showed that while…
By David Randall NEW YORK (Reuters) – A blistering rally in megacap growth and technology shares has buoyed markets this year, and earnings reports in coming weeks could help investors determine if those gains are justified. U.S. technology stocks are currently the “most crowded” trade in the market, fund managers surveyed by BofA Global Research said, as investors pile into megacaps thinking the Federal Reserve will soon stop tightening monetary policy and that the sector will remain resilient as growth slows. Rallies in stocks such as Apple Inc (NASDAQ:), Microsoft Corp (NASDAQ:) and Tesla (NASDAQ:) Inc have helped sustain broader…
Shares in Tesla’s Chinese rivals fell on Thursday, after CEO Elon Musk signaled that the company will continue cutting prices to boost demand for electric cars in an increasingly competitive market. XPeng plunged 8% in Hong Kong, while Nio (NIO) sank 5.6%. Li Auto and Leapmotor tumbled 4.2% and 2.4% respectively. BYD (BYDDF), the world’s largest seller of plug-in hybrid EVs and battery EVs, also dropped 1% in Hong Kong. Its Shenzhen-listed stock lost 2.3%. “We’ve taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin,”…
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