story on line (@commandx) • Hey
story on line (@commandx) • Hey
Publications
- Opposition mayor Ekrem İmamoğlu’s strong performance for the Republican People’s party (CHP) in Istanbul marked a particularly painful blow to Erdoğan, who had campaigned vigorously for the AKP candidate in the hopes of **vanquishing** his most credible rival.
- The French president stunned his allies in
The French president stunned his allies in February when he disclosed he might be willing to deploy combat forces to thwart a Russian victory over Ukraine. He said he was trying to re-establish “strategic ambiguity” towards Moscow.
- Opec+ members have agreed to make additional voluntary cuts to oil production in 2024 in an increasingly fraught attempt to bolster the market, but crude prices fell due to signs of ongoing strains in the group.
- Falling energy prices and lower growth in food and services prices were the
Falling energy prices and lower growth in food and services prices were the main factors behind the slowdown in the harmonised index of consumer prices, according to data published on Thursday by Eurostat, the EU’s statistics arm.
- The bill’s progress in the upper chamber of Congress, which is controlled by Democrats, followed a **tumultuous** passage of the legislation in the House of Representatives, which is led by Republicans, on Friday.
- The California Department of Motor Vehicles
The California Department of Motor Vehicles said the cars were “not safe” and accused Cruise of having “misrepresented” the details of the incident.
- Deloitte has taken on extra office space in central London less than two years after making cutbacks, in an about-turn that indicates staff in professional services are returning to the workplace more regularly.
- Vladimir Putin was in East Germany, working for the KGB, when the Berlin Wall fell.
- A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say.
- Donald Trump’s media business generated less than $ 1mn in revenue in the fourth quarter, highlighting the lossmaking business’s precarious financial position even as it maintains a market capitalisation of nearly $ 10bn.
- “TLDR” stands for “too long, didn’t read”. This damning shorthand is what many prospective private equity fund investors think as they skip through fund **bumf**.
- The figures come as Spain’s Socialist prime minister Pedro Sánchez aims to win a **snap** general election next month.
- But unlike the paramilitary Wagner group, which Moscow is now seeking to **disband**, Chechen special forces have earned a reputation as “TikTok fighters” more concerned with their social media appearance than battlefield successes.
- “TLDR” stands for “too long, didn’t read”. This damning shorthand i
“TLDR” stands for “too long, didn’t read”. This damning shorthand is what many prospective private equity fund investors think as they skip through fund bumf.
- The figures come as Spain’s Socialist prime
The figures come as Spain’s Socialist prime minister Pedro Sánchez aims to win a snap general election next month.
- Diplomats are nearing an agreement to target net zero emissions from shipping by “close to 2050” after almost two weeks of talks highlighted deep divisions over cleaning up the highly polluting industry.
- A top official at the US central bank has called on the Federal Reserve to immediately resume raising interest rates after forgoing an increase last month, citing scant evidence that inflationary pressures are easing as needed.
- Twitter has threatened to sue Meta alleging it stole the company’s trade secrets when creating its rival messaging app Threads, as the new platform attracted tens of millions of users within hours of its debut.
- Ukraine’s president Volodymyr Zelenskyy warned that Russia might be preparing to blow up part of the Zaporizhzhia nuclear power plant, the biggest such facility in Europe, as Kyiv’s military reported incremental gains in its southern and eastern counteroffensive.
- General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks.
- The UK faces a “big threat” from US green mega-subsidies and needs a complete culture change in the way it attracts inward investment, according to a key adviser to chancellor Jeremy Hunt.
- Lord Richard Harrington warned that
Lord Richard Harrington warned that Britain was confronted by tough competition from countries including the US, France, Ireland and Singapore and had to step up state support for key industries such as life sciences and green technology.
- The European Commission has insisted it will stick by plans to impose tariffs on electric vehicles shipped between the UK and EU from next year after warning that the bloc was losing out in the global battle for battery investments.
- UBS is facing a new legal challenge to its takeover of Credit Suisse after a group of leading Swiss investors joined a class-action lawsuit, the latest sign of the domestic backlash to the deal.
- Investors have spent almost $ 200mn trading theoretically worthless shares in Bed Bath & Beyond since the homewares retailer went bankrupt at the start of May, in the latest manifestation of the meme stock craze.
- Rishi Sunak on Tuesday admitted that inflation was proving “more persistent than people anticipated”, as he pledged to bear down on public borrowing and to take a “responsible” approach to public sector pay.
- Ukraine’s defence minister Oleksiy Reznikov was meeting US officials when he took a phone call from his top commander. Turning to his American visitors, Reznikov said: “I have good news for you. We downed a Kinzhal.”
- We have the tradition to stay up late on the New Year's Eve.
- I wish the Year of loong will bring every body good luck.
- In many parts of China, it is traditional for the groom's family to give a bride price to the bride's family before the wedding.
- Citigroup has lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $ 26mn, despite the bank’s profits falling almost 40 per cent amid a sweeping reorganisation.
- Donald Trump entered the 2024 election year with about 200,000 fewer donors than in the previous presidential campaign four years ago, raising questions about his fundraising machine just as legal bills eat into his war chest.
- The Israeli cabinet has approved a motion rejecting any “international diktats” regarding a permanent settlement with the Palestinians, including the unilateral recognition of a Palestinian state.
- Concerns in Europe that Donald Trump might disengage the US from Nato would become “much less relevant” if all countries in the alliance hit their defence spending targets, said Grant Shapps, Britain’s defence secretary.
- Brussels is to impose its first ever fine on tech giant Apple for allegedly breaking EU law over access to its music streaming services, according to five people with direct knowledge of the long-running investigation.
- Hundreds of thousands of Mexicans joined protests on Sunday against a radical overhaul of institutions driven by populist President Andrés Manuel López Obrador, calling it a threat to democracy.
- The revenue performance beat analysts’ already heightened expectations of $ 20.4bn, boosted by a 409 per cent rise in data centre revenue to $ 18.4bn compared to the previous year.
- The news is another sign of tougher conditions for the electric vehicle sector. Rivian went public in late 2021 with a market capitalisation of more than $ 100bn — bigger than Ford and General Motors. The company’s shares have since declined 85 per cent, and dropped a further 13 per cent in post-market trading after it released fourth-quarter results on Wednesday.
- The Nikkei 225 index of the biggest Japanese companies passed its 38,915 record close during intraday trading on Thursday, capping a powerful rally during 2024, driven by rises in chip-related stocks such as Screen, Tokyo Electron and Advantest.
- The US Federal Reserve would put its credibility at risk if it prematurely declared victory in its fight against inflation and then had to raise interest rates again, one of the central bank’s top officials warned on Wednesday.
- Meta has become the first company to publicly challenge the EU’s decision to designate some popular online products as “core” services, part of a larger battle by Big Tech against Brussels’ new digital rules designed to improve competition.
- We’ll close with a few **footnotes** that could be sources for concern going forward.
- The IRA has already prompted an investment **spree** by Japanese manufacturers with Panasonic, Toyota, Honda, Bridgestone and others announcing additional spending plans in the US.
- Joe Biden ramped up diplomatic efforts to prevent Israel’s anticipated ground assault on Gaza from spiralling into a regional conflagration, telling the country’s prime minister he must follow the rules of war and warning other regional powers not to exploit the situation.
- Senior US officials have vowed to stop $6bn in Iranian funds held in a Qatari account from being transferred to Tehran without Washington’s consent, as they tried to defuse a bipartisan political backlash over the money after Hamas’s attacks on Israel.
- One of the world’s biggest infrastructure investors says the UK is no longer an attractive place to invest due to political upheaval and uncertainty over the direction of government policy.
- The original picture, directed by Jia Ling and released in early 2021, sees a young woman whose mother has been fatally injured in a car accident, travel back to the early 1980s where she becomes best friend to the younger version of her mother. That enables her to work on giving her mother a better life than first time around.
- Sony Pictures has acquired the English-language remake rights to Chinese comedy drama, “Hi, Mom,” which until recently overtaken by “Barbie” had been the world’s highest grossing film directed by a solo female.
- Cambridge will aim to more than double the number of “unicorns” — privately held start-ups with a value of over null billion — based in the city by 2035, under a new plan released by a partnership of local universities, government and industry.
- Canada and India are continuing talks about the fate of several dozen Canadian diplomats in New Delhi even as an Indian government deadline for Ottawa to slash its diplomatic presence elapsed on Tuesday.