Iraq’s Green Zone housing US embassy targeted with rockets – sources

Iraq’s Green Zone housing US embassy targeted with rockets – sources

BAGHDAD, Dec 8 (Reuters) – Baghdad’s heavily fortified Green Zone housing the U.S. Embassy was targeted with several rockets around dawn on Friday, two security sources said, noting it was not clear where the rockets had hit and whether there was damage. Explosions were heard near the embassy, in Iraq’s capital about 4 a.m. on … Read more

Global banks forecast improved investment banking outlook

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) – Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry … Read more

Air conditioning companies’ sustainable designs face high costs

Air conditioning companies’ sustainable designs face high costs

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

Morning Bid: RBA center stage as markets wobble

Morning Bid: RBA center stage as markets wobble

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

Bitcoin tops $40,000 for first time since May 2022 as momentum builds

Bitcoin tops $40,000 for first time since May 2022 as momentum builds

Bitcoin and ether hit 2023 highs Rate cut and ETF optimism driving gains Signs of institutional buyers in November – market maker LONDON/SINGAPORE, Dec 4 (Reuters) – Bitcoin has broken above $40,000 for the first time since May 2022 as it rides a wave of momentum on broad enthusiasm about U.S. interest rate cuts and … Read more

Earthquake of 7.5 strikes Philippines, tsunami warnings in Philippines and Japan

Earthquake of 7.5 strikes Philippines, tsunami warnings in Philippines and Japan

[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

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

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

US Supreme Court signals it could limit SEC in-house enforcement

US Supreme Court signals it could limit SEC in-house enforcement

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights WASHINGTON, Nov 29 (Reuters) – Conservative U.S. Supreme Court justices on Wednesday signaled skepticism toward the legality of certain proceedings that the Securities and Exchange Commission conducts … Read more

China’s Shein files for US IPO in major test for investor appetite- sources

China’s Shein files for US IPO in major test for investor appetite- sources

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

New York gets $24 mln federal funding to bolster electric grid

New York gets $24 mln federal funding to bolster electric grid

The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights Nov 27 (Reuters) – New York has been awarded nearly $24 million in federal funding to strengthen and improve the state’s electric infrastructure in order to minimize the effects of … Read more