Author: FX
2/2 © Reuters. FILE PHOTO: A woman organises goods at the cashier of a supermarket, ahead of the Jewish New Year holiday and the upcoming tighter restriction to prevent the spread of the coronavirus disease (COVID-19) in Ashdod, Israel September 16, 2020. REUTERS/Amir C 2/2 By Steven Scheer JERUSALEM (Reuters) – Israel’s Manufacturers’ Association on Sunday proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli economic competitiveness and dealing with the country’s high cost of living. The Association’s economic plan, submitted to Israel’s prime minister and ministers of finance and economy, proposed cutting…
XAUUSD, Weekly Gold jumped to start 2023 with strong gains, as the positive momentum from December carried over into the new year. Last year’s headwinds, particularly the strengthening Dollar and Yields are starting to reverse, so 2023 is likely to be more friendly to the yellow metal. According to data released by the US Bureau of Labor Statistics, US consumer prices fell to 6.5% in December from November’s 7.1%, giving hope that the US Fed’s strategy to tame inflation is working and the US Fed will also take a softer policy in its rate hike approach. Slowing inflation means less…
Warning: ANZGY is at high risk of cutting its dividend Source link
Warning: BIG is at high risk of cutting its dividend Source link
© Reuters Coinbase, Crypto.com, & More Firms Layoff Over 1,600 People In 2023 Crypto companies inducing Coinbase (NASDAQ:), Crypto.com, Kraken, and more are cutting off jobs in 2023.Crypto.com has laid off a total of 2,110 employees since 2022.Crypto.com founder blames FTX’s downfall for damage within the industry. Bloomberg Crypto’s official Twitter account posted a list of crypto companies that are cutting off jobs as the crypto industry enters another series of meltdowns in the bear market’s second year. Crypto companies are once again tightening their belts, as the bear market enters the second year and the industry suffers from major…
KATHMANDU (Reuters) – An aircraft carrying 72 people crashed in Pokhara in western Nepal on Sunday, an airport official said, while state television reported some bodies had been recovered. The twin-engine ATR 72 aircraft operated by Yeti Airlines was en route from Kathmandu, capital of the small Himalayan country, said the official, who asked not to be named as he was not authorised to speak to media. Local television showed thick black smoke billowing from the crash site as rescue workers and crowds of people gathered around the wreckage of the aircraft. (Reporting Gopal Sharma; Writing by Devjyot Ghoshal; Editing…
Warning: KW is at high risk of cutting its dividend Source link
© Reuters. FILE PHOTO: Singer Lisa Marie Presley appears as a guest on “The Tonight Show with Jay Leno” at the NBC studios in Burbank, California, U.S. May 1, 2003. REUTERS/Fred Prouser By Mary Milliken LOS ANGELES (Reuters) -Singer Lisa Marie Presley will be laid to rest at Graceland, the Memphis mansion she inherited from her father Elvis Presley, the “King of Rock ‘n’ Roll,” a representative for her daughter said on Friday. Presley died on Thursday at the age of 54 after being rushed to a Los Angeles area hospital after reportedly suffering cardiac arrest at her home. “Lisa…
lyash01/iStock via Getty Images Liquefied natural gas is no longer shaping up as the hot commodity for 2023, with prices plummeting and supply seen outpacing new demand in 2023, Avi Salzman wrote in Barron’s this week. LNG producers likely will add 20M metric tons of LNG capacity to the market this year while annual demand grows by just 10M tons, according to Morgan Stanley analyst Devin McDermott. Chinese demand for LNG fell ~20% in 2022 amid strict COVID lockdowns, and even as demand started to crawl back late last year as China began to reopen, analysts do not see it…
© Reuters. FILE PHOTO: Rescuers work at a site of private houses heavily damaged by a Russian missile strike, amid Russia’s attack on Ukraine, in Kyiv, Ukraine, in this handout picture released December 29, 2022. Press service of the State Emergency Service of Ukrai By Herbert Villarraga and Olena Harmash DNIPRO/KYIV (Reuters) – Russia unleashed a new wave of major attacks on Ukraine on Saturday, hitting energy infrastructure across the country and killing at least 12 people in a missile strike on a nine-storey apartment building in the city of Dnipro, officials said. Rescue teams toiled through the night in…