Israel hits Gaza as conflict erupts after West Bank clashes

Israel hits Gaza as conflict erupts after West Bank clashes

Rockets from Gaza have raised alarm in Israeli communities Cross-border gunfire followed an Israeli raid in the West Bank Israeli raid kills at least nine Palestinians Violence has increased in the West Bank over the past year JERUSALEM/GAZA, Jan 27 (Reuters) – Israeli fighter jets struck Gaza on Friday night in retaliation for two rockets … Read more

India Adani slammed by $45bn stock rout, obscuring record stock sale

India Adani slammed by bn stock rout, obscuring record stock sale

MUMBAI, Jan 27 (Reuters) – Shares of India’s Adani Enterprises (ADEL.NS) fell nearly 20% on Friday as a scathing report from a U.S. short seller sparked a rout in listed companies from the conglomerate, casting doubts on how investors will respond to the company’s record $2.45 billion secondary sale. Seven listed companies in the Adani … Read more

Musk describes Tesla’s recession book: cost recovery

Musk describes Tesla’s recession book: cost recovery

Jan 26 (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) heading into what he thinks is a “serious” recession: cutting costs on everything from parts to logistics, while maintaining pressure on competitors with reduced prices. . During a conference call to discuss Tesla’s fourth quarter results, Musk and other executives outlined plans to … Read more

Strong US economic growth expected in the fourth quarter, darkening outlook

Strong US economic growth expected in the fourth quarter, darkening outlook

GDP is expected to increase by 2.6% in the fourth quarter Strong consumer spending observed; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The U.S. economy likely maintained a healthy pace of growth in the fourth quarter as consumers increased their spending on goods, but momentum appears … Read more

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit … Read more

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay in hiding

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay in hiding

The Last Mafia Boss Enjoyed Unusually Strong Loyalty The Omerta code of silence also helped the boss stay hidden “The Last Godfather” Messina Denaro lived near her mother PALERMO, Italy, Jan 25 (Reuters) – When Salvatore Catalano discovered that mafia boss Matteo Messina Denaro was living a short walk from his home in the western … Read more

Hindenburg says holds short positions on Adani in India

Hindenburg says holds short positions on Adani in India

BENGALURU, Jan 25 (Reuters) – Hindenburg Research said on Wednesday it held short positions in Adani Group companies through U.S.-traded bonds and derivatives not traded in India, sending shares of the companies tumbling. of the Indian conglomerate. The short seller said seven Adani-listed companies are down 85% on a fundamental basis due to skyrocketing valuations … Read more

Taylor Swift Concert Fiasco Leads to U.S. Senate Grill Ticketmaster

Taylor Swift Concert Fiasco Leads to U.S. Senate Grill Ticketmaster

WASHINGTON, Jan 24 (Reuters) – U.S. senators on Tuesday denounced Live Nation Entertainment’s lack of transparency and failure to block robotic ticket purchases, in a hearing called after a major fiasco involving ticket sales for Taylor Swift’s upcoming concert tour. Ticketmaster, a subsidiary of Live Nation Entertainment Inc (LYV.N), which has been unpopular with fans … Read more

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

Exclusive: Binance Moved 6 Million For Seized Crypto Exchange Bitzlato, Data Shows

LONDON, Jan 24 (Reuters) – Crypto giant Binance has handled nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly mining a “money laundering engine,” according to blockchain data seen by Reuters shows. On Jan. 18, the Justice Department said it had charged Bitzlato … Read more

Indian university reports power outage ahead of screening of Modi documentary

Indian university reports power outage ahead of screening of Modi documentary

NEW DELHI, Jan 24 (Reuters) – A major Indian university cut power and internet access on campus on Tuesday ahead of its students’ union screening of a BBC documentary on Prime Minister Narendra Modi which India called propaganda, the NDTV television channel reported. . Jawaharlal Nehru University (JNU) in the capital New Delhi had threatened … Read more