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DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23% in the southern Spanish city compared to how many hours ACs ran during the same period in 2022. Lisbon’s average AC use, too, went up by … Read more
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U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Dec 5 (Reuters) – The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon … Read more
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A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing Rights Dec 5 (Reuters) – A look at the day ahead in Asian markets. An interest rate decision from Australia and key inflation readings from Japan and … Read more
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[1/5]People gather, in the aftermath of an earthquake, in Hinatuan, Surigao del Sur, Philippines December 2, 2023. Hinatuan LGU/Handout via REUTERS Acquire Licensing Rights Dec 2 (Reuters) – An earthquake of at least magnitude 7.5 struck Mindanao in the southern Philippines late on Saturday, triggering evacuation orders for some areas of the country and for … Read more
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[1/3]French Foreign Affairs Minister Catherine Colonna and French Defence Minister Sebastien Lecornu leave following the weekly cabinet meeting at the Elysee Palace in Paris, France, November 22, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing Rights French defence minister to host South Pacific counterparts Paris eyes further military ties with Philippines, Malaysia Foreign minister heads to Australia, … Read more
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A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more
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LONDON, Nov 28 (Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at three-month lows and supported gold above $2,000 an ounce. Traders will have to weigh up data this week on how the U.S. economy fared in … Read more
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SEOUL, Nov 28 (Reuters) – After decades of satellite surveillance by foreign governments and analysts, North Korea has sent its first spy satellite on a global orbit with a message to the world: we can watch you too. On Tuesday North Korean state media said leader Kim Jong Un had reviewed spy satellite photos of … Read more
Nov 28 (Reuters) – Chinese artificial intelligence software developer SenseTime Group (0020.HK) said on Tuesday that a short-seller report by Grizzly Research LLC is ‘without merit’ and will review the allegations against the company. Earlier on Tuesday, the short-seller’s report alleged the AI firm was artificially inflating revenue through revenue fabrication schemes. Shares of the … Read more
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Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters) – Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in … Read more