Today: September 23, 2024
Today: September 23, 2024

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Business|Economy|Finance|News

Canadian rail stoppage set to squeeze North American industries

Canada's freight rail transport could come to a grinding halt after the country's two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked

Canadian rail stoppage set to squeeze North American industries
Business|Finance

Microsoft rejigs reporting on business units, offers clarity on AI benefits

Microsoft on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the Azure cloud-computing unit as the tech giant

Microsoft rejigs reporting on business units, offers clarity on AI benefits
News|Political|World

Ukraine minister says Kursk attack aims to protect border area

Ukrainian Defence Minister Rustem Umerov told a visiting delegation of U.S. congressmen on Wednesday that Kyiv's attack on Russia's Kursk region was intended to protect Ukraine.

Ukraine minister says Kursk attack aims to protect border area
Business|Finance

Citi added new section on reorganization in quarterly report following US SEC query

Citigroup's addition of a new section concerning its multi-year reorganization to its quarterly report filed with the U.S.

Citi added new section on reorganization in quarterly report following US SEC query
Uncategorized

Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work

Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools deployed in hybrid work models, and

Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work
Business|Finance

PwC braces for 6-month ban in China over Evergrande audit, FT reports

PwC China has informed its clients it expects a six-month business ban by Chinese authorities as early as September as part of punishment for its audit of collapsed property developer

PwC braces for 6-month ban in China over Evergrande audit, FT reports
Business|Finance|Technology

Top US oilfield firm Halliburton hit by cyberattack, source says

U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter.

Top US oilfield firm Halliburton hit by cyberattack, source says
Crime

US bank regulator taps ex-prosecutor to oversee 'cultural transformation'

A former federal prosecutor with experience overseeing efforts to address systemic sexual harassment and discrimination will monitor progress toward the "cultural transformation" of the

US bank regulator taps ex-prosecutor to oversee 'cultural transformation'
Business|Finance

Franklin Templeton unit replaces investment chief, closes $2 billion fund amid US probes

Fixed income manager Western Asset Management, a unit of investment manager Franklin Templeton or Franklin Resources, said on Wednesday it had replaced a top investment executive

Franklin Templeton unit replaces investment chief, closes $2 billion fund amid US probes
Americas|Economy|News

Argentina economy stalls again in June in challenge for Milei

Argentina's economic activity fell 3.9% in June compared to the same month last year, official data showed on Wednesday, as the economy shrunk again during the month after a

Argentina economy stalls again in June in challenge for Milei
News|World

Israeli PM says troops will not leave Philadelphi corridor in Gaza

Israel has not agreed to withdraw its troops from the so-called Philadelphi corridor along the border between Egypt and Gaza, Israeli Prime Minister Benjamin Netanyahu's office

Israeli PM says troops will not leave Philadelphi corridor in Gaza
Election|News|Opinion

RFK Jr wants administration job in return for endorsing Trump, super PAC says

Independent U.S. presidential candidate Robert F.

RFK Jr wants administration job in return for endorsing Trump, super PAC says
Americas|Asia|Business|Technology

Chinese EV maker BYD eyes state incentives for Mexico plant

Chinese electric vehicle maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and is

Chinese EV maker BYD eyes state incentives for Mexico plant
Americas|News

Mexico's Sheinbaum: judicial reform won't violate commitments with USMCA trade pact

A judicial reform planned by Mexico's government will not violate the country's commitments with the United States–Mexico–Canada Agreement (USMCA), President-elect Claudia

Mexico's Sheinbaum: judicial reform won't violate commitments with USMCA trade pact
News|World

Helicopter of Iran's late President Raisi crashed due to weather, Fars says

The helicopter crash in which Iran's late President Ebrahim Raisi was killed in May was caused by weather conditions and the aircraft's inability to handle the weight it was carrying

Helicopter of Iran's late President Raisi crashed due to weather, Fars says
Africa|News

At least 24 killed as Congolese boat overturns

At least 24 people died after an overloaded boat capsized on a river in Congo's Mai-Ndombe province, and the death toll is expected to rise as many

Europe|News|World

Zelenskiy says Ukraine is boosting its forces in east to resist Russian advance

Ukrainian President Volodymyr Zelenskiy said on Wednesday his forces understood what Moscow was attempting to do on the Pokrovsk front in eastern Ukraine, scene of Russian advances,

Zelenskiy says Ukraine is boosting its forces in east to resist Russian advance
Asia|Business|Economy|Finance

China central bank warnings on long-dated bonds aim to curb systemic risks, watchdog says

Warnings by China's central bank about excess exposure to long-dated sovereign bonds are aimed at curbing potential systemic risks if yields continue to fall, a senior official at

China central bank warnings on long-dated bonds aim to curb systemic risks, watchdog says
News|World

Israeli military intelligence head leaves post, takes responsibility for Oct. 7 failure

Israel's outgoing head of military intelligence took responsibility for his country's failures to defend its border on Oct. 7 at his resignation ceremony on Wednesday.

Business|Entertainment|Technology

India's Zomato expands movie and event ticketing business with $244 million Paytm deal

India's Zomato said on Wednesday it will acquire the movie and

India's Zomato expands movie and event ticketing business with $244 million Paytm deal
News

Biden, in call with Netanyahu, stresses urgency of Gaza ceasefire

U.S.

Biden, in call with Netanyahu, stresses urgency of Gaza ceasefire
Business|Finance

Oaktree nears deal for majority stake in two B Riley units, Bloomberg reports

Asset manager Oaktree Capital is in exclusive talks to acquire a majority stake in two businesses owned by investment bank B. Riley, Bloomberg News reported on Wednesday.

Oaktree nears deal for majority stake in two B Riley units, Bloomberg reports
News|Travel

Russia's Arctic airports back to work after drone alert

Airports in Russia's Arctic cities of Murmansk and Apatity resumed operations after a brief airspace closure on Wednesday, the aviation watchdog Rosaviatsia said.

Health|News

Argentina health officials rule out suspected case of mpox on grains ship

Health officials in Argentina said on Wednesday that a test to determine if a crew member on a quarantined grains cargo ship was infected with the mpox virus had come back

Argentina health officials rule out suspected case of mpox on grains ship
News

Former US president Carter, nearing 100, excited to vote for Harris, grandson says

Former U.S.

Former US president Carter, nearing 100, excited to vote for Harris, grandson says

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