Author: FX
3/3 © Reuters. A mockup of the new Nokia logo, is seen at an unknown location, in this undated handout picture received on February 25, 2023. NOKIA/Handout via REUTERS 2/3 By Supantha Mukherjee BARCELONA (Reuters) – Nokia (NYSE:) announced plans on Sunday to change its brand identity for the first time in nearly 60 years, complete with a new logo, as the telecom equipment maker focuses on aggressive growth. The new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of colours depending on the use.…
GOLD OUTLOOK & ANALYSISUS inflation weighs negatively on spot gold prompted a more aggressive Federal reserve.US economic data the focus for next week.More room for XAU/USD downside but approaching oversold territory. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROPGold prices continue to be decimated by a rallying USD after US core PCE data left XAU/USD floundering. Inflation and more specifically core inflation has been plaguing gold prices of recent due to a hawkish repricing of Fed rate hikes which now stand at a 5.382% peak rate in 2023. “Sticky” inflation has been raising the probability of…
2/2 © Reuters. Commercial ships are docked at the Houthi-held Red Sea port of Hodeidah, Yemen February 25, 2023. REUTERS/Khaled Abdullah 2/2 By Khaled Abdullah and Adel al-Khadher HODEIDAH, Yemen (Reuters) – A container ship carrying general commercial goods docked at Yemen’s main port of Hodeidah for the first time since at least 2016 on Saturday as parties in Yemen’s eight-year war are in talks to reinstate an expired U.N.-brokered truce deal. The conflict, which pits a military coalition led by Saudi Arabia against the Iran-aligned Houthi group, has divided Yemen and caused a humanitarian crisis that has left 80%…
ROME (Reuters) -At least 30 people have died after a migrant shipwreck off the eastern coast of Italy’s Calabria region, ANSA and other Italian news agencies reported on Sunday. Some 27 bodies were found washed up on the shores of Steccato di Cutro, a seaside resort in the province of Crotone, and more were spotted at sea, ANSA said, adding that three others were found in the water. The Adnkronos news agency said that more than 100 people were aboard the boat that carried the migrants, and that about 50 people have been rescued. The boat, bringing migrants from Iran,…
Warning: FUJIY is at high risk of cutting its dividend Source link
Warning: ALIZY is at high risk of cutting its dividend Source link
Warning: RICOY is at high risk of cutting its dividend Source link
© Reuters. The Los Angeles river during a rare cold winter storm in the Los Angeles area, in Los Angeles, California, U.S., February 24, 2023. REUTERS/Aude Guerrucci By Sharon Bernstein (Reuters) – Nearly 85,000 households and businesses were without power in the Los Angeles area on Saturday, as storms continued to pummel parts of California, bringing snow to higher elevations and dumping rain and hail in the flatlands. Interstate 5, the largest highway leading north out of the city, remained closed at the steep grade known as the Grapevine due to heavy snow, while several more southern points of the…
imaginima/iStock via Getty Images PJM Interconnection, the largest U.S. power grid operator, faces a serious shortfall in electric generating capacity in coming years as traditional generator retirements outpace additions, according to a new analysis it published this week. The grid operator forecasts nearly 40 GW of its generating capacity will retire by 2030, representing 21% of the service area’s total capacity, with 90% pf planned retirements in coal and natural gas. Meanwhile, PJM expects no more than 30 GW of additions over the same period, and as few as 15 GW in its “low entry” scenario. PJM serves more than…
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