Federal Reserve Chairman Jerome Powell answers a question during a news conference at the Federal Reserve in Washington, U.S., November 1, 2023. Portal/Kevin Lamarque/File Photo Acquire LICENSE RIGHTS A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rearview mirror, investors are bracing for a … [Read more…]
An employee works on a production line for producing steel structures at a factory in Huzhou, Zhejiang province, China, May 17, 2020. Picture taken May 17, 2020. China Daily via Portal/File Photo Rights Acquire China’s private PMI unexpectedly rises in November Manufacturing activity is declining in Japan and stabilizing in South Korea Weak global demand … [Read more…]
Pedestrians walk past an electronic board displaying the Nikkei stock average in front of a brokerage firm in Tokyo, Japan, October 31, 2023. Portal/Kim Kyung-Hoon/File Photo ACKNOWLEDGE RIGHTS Two-year Treasury yields hit a four-month low The dollar is largely sliding; Gold hits 7-month high Stocks in China and Hong Kong fall SINGAPORE, Nov 29 (Portal) … [Read more…]
Nov 28 (Portal) – Deep discounts on everything from beauty products and toys to electronics over the Thanksgiving weekend lured U.S. shoppers to spend about $38 billion online, pointing to a strong holiday shopping season even as the economic one There was uncertainty. According to data from Adobe Analytics, online consumer spending rose 7.8% during … [Read more…]
Pedestrians walk past an electronic board displaying the Nikkei stock average in front of a brokerage firm in Tokyo, Japan, October 31, 2023. Portal/Kim Kyung-Hoon ACQUIRES LICENSE RIGHTS SINGAPORE, Nov 28 (Portal) – Asian shares rose on Tuesday while the dollar hovered near its three-month low, as investors remained confident the Federal Reserve had completed … [Read more…]
November 28 (Portal) – Online spending on Cyber Monday is expected to exceed $12 billion, a record, as bargain hunters bag deals on items such as Barbie dolls, Lego sets, headphones, according to preliminary estimates from Adobe Digital Insights and make smartwatches. The estimate is that US shoppers will spend $12 billion to $12.4 billion … [Read more…]
The ByteDance logo is seen at the company’s office building in Shanghai, China, July 4, 2023. Portal/Aly Song acquires license rights TikTok maker will tell employees on Monday I will ask staff to stop working on unreleased games Look for ways to separate yourself from established titles Does not impact the Ohayoo casual gaming brand … [Read more…]
[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives at a bipartisan insights forum on artificial intelligence (AI) for all U.S. Senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol on September 13, 2023 in Washington, USA. Portal/Julia Nikhinson/File Photo Acquire License Rights Nov 22 (Portal) – Ahead of OpenAI CEO Sam … [Read more…]
LONDON, Nov 21 (Portal) – The most powerful man in crypto has lost his crown – and could also face having his freedom restricted. Binance CEO Changpeng Zhao resigned on Tuesday and pleaded guilty to violating U.S. anti-money laundering laws as part of a $4.3 billion settlement to resolve a years-long investigation into the world’s … [Read more…]
Best Buy sinks due to weak outlook Kohl’s slips on quarterly sales decline Indices: Dow down 0.2%, S&P 500 down 0.2%, Nasdaq down 0.6% NEW YORK, Nov 21 (Portal) – U.S. stocks fell on Tuesday, with the S&P 500 and Nasdaq ending their five-day winning streak, as retailers declined after some disappointing forecasts and technology … [Read more…]