Author: FX
© 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…
Rogers-Shaw to see new review by Canadian lawmakers – reports Source link
The liquidators of Alameda Research continue to encounter obstacles in their efforts to recover funds for creditors. Crypto analytics firm Arkham disclosed on Twitter that the liquidators lost $72,000 worth of digital assets on the decentralized finance (DeFi) lending platform Aave while trying to consolidate funds into a single multisignature wallet. The liquidators were attempting to close a borrow position on Aave but instead removed extra collateral used for the position, putting the assets at risk of liquidation. Arkham reported that over nine days, the loan was liquidated twice for a total of 4.05 Wrapped (WBTC), which creditors will now…
JHVEPhoto/iStock Editorial via Getty Images Update 5:55pm on Jan. 14: Adds Standard General comment. Standard General sent a letter to Sen. Elizabeth Warren (D-MA) seeking to meet regarding her comments on the Tegna (NYSE:TGNA) deal. The letter comes after Warren sent a letter Wednesday to the Federal Communications Commission asking the agency to block Standard General’s acquisition of Tegna. News of the letter sent Tegna shares down 3.3% on Thursday and they ticked lower 0.7% on Friday. “We appreciate Sen. Warren’s concerns and are confident that through our binding commitments and the fundamentals of this transaction we have more than…
4/4 © Reuters. A road sign is seen next to a country highway on agricultural land amid flooding from the Salinas River, in Salinas, California, U.S., January 13, 2023. REUTERS/David Swanson 2/4 By Daniel Trotta (Reuters) – California’s parade of atmospheric rivers may be nearing an end but not before at least two more of the rainstorms are due to drench the waterlogged state starting on Saturday, forecasters said. A series of atmospheric rivers rarely seen in such frequent succession has pounded the state since Dec. 26, killing at least 19 people and bringing floods, power outages, mudslides, evacuations and…
Maksim Luzgin/iStock via Getty Images The market for type 2 diabetes (T2D) drugs is set to explode, reaching $136.2B in 2029, according to a new report from GlobalData. For comparison, the market was $45.9B in 2019. The data and analytics firm predicts that the market will grow at a compound annual growth rate of 11.5%. Growth will be generated by the introduction of new blockbuster drugs in the coming years as well as more patients diagnosed with T2D in major markets. GlobalData’s new report, Type 2 Diabetes Market Size and Trends, mentions Novo Nordisk’s (NVO) once weekly insulin isodec, a…
DieterMeyrl The S&P Materials sector closed this week at +4.29%, and the Materials Select Sector SPDR ETF (XLB) +4.26%. Gold prices (XAUUSD:CUR) on Friday posted their first settlement above $1,900/oz since April, extending previous gains sparked by signs of cooling U.S. inflation in the December consumer price index. Front-month Comex gold for January delivery settled +1.2% and +2.9% for the week to $1,918.40/oz, its fourth consecutive weekly gain. Front-month Comex silver (XAGUSD:CUR) closed +1.5% Friday and +1.7% for the week at $24.231/oz. Copper prices (HG1:COM) on the London Metals Exchange pushed past $9K/metric ton Wednesday for the first time since…
© Reuters. FILE PHOTO: Alireza Akbari, Iran’s former deputy defence minister, speaks during an interview with Khabaronline in Tehran, Iran, in this undated picture obtained on January 12, 2023. Khabaronline/WANA (West Asia News Agency)/Handout via REUTERS DUBAI/LONDON (Reuters) – Iran has executed a British-Iranian national who once served as its deputy defence minister, its judiciary said, defying calls from London and Washington for his release after he was handed the death sentence on charges of spying for Britain. Britain, which had declared the case against Alireza Akbari politically motivated, condemned the execution, with Prime Minister Rishi Sunak calling it “a…