HesdramM (@moonic99) • Hey
https://twitter.com/HesdramM
Publications
- Greece and Spain are under intense pressure from their EU and Nato allies to provide more air defence systems to Ukraine, as Kyiv prepares to demand more aid at a meeting of EU foreign and defence ministers on Monday.
- The Indonesia Investment
The Indonesia Investment Authority (INA) is in talks over potential investment in the electric vehicle ecosystem and geothermal energy, and is providing financing for early retirement of coal-fired power plants, chief financial officer Eddy Porwanto told the Financial Times.
- US Federal Reserve chair Jay Powell has said it is likely to take “longer than expected” for inflation to return to the central bank’s 2 per cent target and justify cuts to interest rates.
- Indices in Europe and Asia fell sharply, following Monday’s steep declines on
Indices in Europe and Asia fell sharply, following Monday’s steep declines on Wall Street after strong US retail sales figures that suggested the Federal Reserve might cut rates this year by less than previously thought
- The UN’s World **Meteorological** Organization this week sounded a “red alert” as it affirmed 2023 as having been the hottest year on record. It pointed to unprecedented surface and ocean temperatures, glacial retreat and rising sea levels. Jim Skea, head of the UN’s Intergovernmental Panel on Climate Change, told an FT conference last week the world was in “unknown territory”
- The deal has been marred by delays,
The deal has been marred by delays, facing investigations by the US Securities and Exchange Commission and federal prosecutors.
- Estée Lauder shares notched their biggest one-day drop on record after the US cosmetics group slashed its profit outlook due to a slow recovery in Asia and also warned of an almost $ 80mn hit to earnings from disruption caused by the Israel-Hamas war.
- US president Joe Biden has called for a “pause” in the fighting between Israel and Hamas in order to help free hostages held in Gaza.
- South Africa’s Treasury has warned that the country’s stagnant economy has left the government with far less tax revenue than planned, leaving President Cyril Ramaphosa with difficult choices ahead of next year’s crunch election
- Two people familiar with the discussions told the Financial Times that the Paris-based organisation pressured Australia’s ruling Labor government to drop a crucial part of a new finance bill that would have required some multinationals to publicly disclose their country-by-country tax bills.
- SVB Financial Group, a parent holding company, filed for bankruptcy in March after Silicon Valley Bank became the ward of the FDIC following a $ 42bn bank run. SVB Financial said retention of the cash by the FDIC violated US bankruptcy law.
- US electric vehicle sales are gathering pace, hitting the 4mn mark at the end of June, according to data and analysis from consultancy Atlas Public Policy.
- The Anglo-Swedish drugmaker has
David Fredrickson, executive vice-president of oncology business at AstraZeneca, said it was a “massive achievement” in a “really ambitious programme” to be presenting two clinical trials — in lung cancer and breast cancer — that showed their new treatment was better than the chemotherapy that doctors have been dependent on for over a decade.
- The deal — the biggest in Chevron’s history
The deal — the biggest in Chevron’s history — gives Hess an enterprise value, including debt, of $ 60bn and delivers the supermajor a foothold in Guyana, home to the biggest oil discovery of the past decade.
- Preliminary figures for 2023
Preliminary figures for 2023 suggested a further increase, the OECD said, indicating that last year’s surge was not solely a post-Covid rebound
- UBS is facing a new legal challenge to
The takeover, which was orchestrated by Swiss authorities in March, denied shareholders in both banks a vote on the deal. The SFr3bn ($ 3.35bn) UBS paid for Credit Suisse was less than half the bank’s market value on the final trading day before the deal was sealed.
- The current market narrative is that an obscene amount of AI hype
Bed Bath & Beyond was one of a handful of unloved consumer brands that became popular with retail investors during the coronavirus pandemic, with small investors arranging on social media to push share prices far above what most professionals considered rational.
- Lets give a collect ✨✨
- I fly biz
- Choices
- Choices
- Choices
- new release for today 💫
“A Great Memory”
available to collect for $BONSAI
Linited to 45 editions
- "Adversity reveals the true strength of one's character."
- "The best love is the kind that awakens the soul and makes us reach for more, that plants a fire in our hearts and brings peace to our minds." - Nicholas Sparks
- Born Michael Render, Killer Mike is also a known for social activism on issues such as racism and police brutality.
- The Hollywood Reporter, citing an arena security official, reported that Killer Mike was detained for an unspecified misdemeanor charge unrelated to the Grammy Awards.
- Rapper Killer Mike was taken away from Sunday night's Grammy Awards in handcuffs by police after sweeping up three of the music industry's biggest prizes for rap music, witnesses said.
- people have begun their journeys back(and the familiar scene of congestion has reappeared on the expressways)
- If there is congestion in a place, the place is extremely crowded and blocked with traffic or people.
- gm
- Investors use them to hedge against sell-offs in sectors that are not underpinned by humanity’s tragic **propensity** for violence.
- And its own society has been **gravely** wounded.
- Switzerland’s rightwing populists were set to achieve one of their strongest performances in parliamentary elections on Sunday as voters abandoned green politics amid fears over immigration and rising energy costs.
- Brussels is weighing whether to prolong an emergency gas price cap introduced in February amid fears that the conflict in the Middle East and sabotage of a Baltic pipeline could push up prices again this winter.
- The UN is pressing Israel to urgently agree to safe corridors for the movement of Palestinians in Gaza and the delivery of aid to the blockaded strip as it estimates that 1mn people have fled their homes since Israeli forces launched their offensive against Hamas.
- The legal drama Suits, which ended its original run in 2019, broke viewing records, **racking up** 1bn viewing hours on the service globally, after NBCUniversal licensed the show to Netflix this summer.
- A jailed Russian oligarch is seeking almost $14bn in damages in London’s High Court from defendants including US private equity group TPG over an alleged Kremlin-led conspiracy to seize his assets.
- Meta is launching artificial intelligence-driven persona chatbots across Instagram, Facebook and WhatsApp and giving developers the power to create their own versions of AI assistants, as the US tech giant seeks to drive engagement on its platforms.
- The death toll from Hamas’s unprecedented multi-front assault on Israel passed 700 on Sunday, as Israeli forces hunted Palestinian militants still holding out in several locations in the south of the country.
- Claudia Goldin, a professor at Harvard university, has won the Nobel Prize for economics for advancing the understanding of women’s labour market outcomes.
- Brent crude, the international benchmark, rose as high as $95.33 a barrel and appears on course to challenge $100 a barrel this month, with the rally in prices since June now approaching 30 per cent.
- Total debt — spanning sovereigns, corporates and households — rose by $10tn to about $307tn in the six months to June, the IIF said in its global debt monitor report published on Tuesday. The previous peak for global debt was in early 2022, before central banks started aggressively raising interest rates.
- Some of the world’s biggest tech companies and more than 20 of their services will have to meet obligations under new EU laws that will force the likes of Apple and Google to overhaul how they do business and generate billions of euros in revenues.
- “Russian terrorists have attacked a regular market, shops, and a pharmacy, killing innocent people,” Zelenskyy said in posts on social media. “Anyone in the world who is still dealing with anything Russian simply ignores this reality.”
- Google will require verified advertisers to “prominently disclose” when a campaign ad “inauthentically depicts” people or events, in a bid to combat the spread of digitally manipulated images for political gain, the company said on Wednesday.
- Senior staff at YouTube have expressed concern that Shorts, the Alphabet-owned company’s answer to short-form video app TikTok, risks cannibalising its core business.
- Romania’s defence ministry “categorically denied” the reports on Monday. Two Ukrainian officials told the Financial Times that it was not the first time such an incident had occurred but declined to explain why Bucharest would deny it.
- The asset management division of BNP Paribas, the French banking group, has sent letters to 14 of the world’s largest pharmaceutical companies asking them to use a cloned substance called recombinant factor C (rFC) instead of blood from horseshoe crabs for tests.
- The industry uses the blood in millions of tests a year to detect endotoxins, poisons inside bacteria cells that can make people ill. But pressure is mounting on pharma companies to switch to synthetic substances as populations decline for horseshoe crabs and seabirds that eat the creatures’ eggs.