By Suleiman Al-Khalidi and Timour Azhari AMMAN/BEIRUT (Reuters) -Syrian rebels captured the city of Hama on Thursday, a major victory in a week-old lightning advance across northern Syria and a devastating new blow to President Bashar al-Assad and his Russian and Iranian allies. After years locked behind frozen frontlines, the rebels have burst forth to …
Syrian rebels capture key city of Hama in fresh blow to Assad Read More »
(Reuters) – Australia’s agency for monitoring financial crimes said on Friday it had established an internal cryptocurrency task force to identify and take action against crypto ATM providers that do not comply with the country’s anti-money laundering laws. The Australian Transaction Reports and Analysis Centre (AUSTRAC) said its findings showed cryptocurrency was increasingly being exploited …
Australian regulator moves to curtail criminal use of cryptocurrency Read More »
MOSCOW (Reuters) -Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday, complicating the payments process as buyers must now convert their currency elsewhere. U.S. sanctions on Gazprombank imposed last month mean Gazprombank cannot handle any new energy-related transactions that …
Putin cancels option for roubles conversion at Gazprombank in Russian gas payments Read More »
ROME (Reuters) – Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service. The test was carried out on Wednesday in San Salvo, a town in the central Abruzzo region. “The company continues to work …
Amazon successfully tests using delivery drones in Italy Read More »
By Juveria Tabassum (Reuters) -Lululemon Athletica increased its full-year forecasts on Thursday, betting on resilient demand for its athletic wear in the U.S. during the holiday shopping season and continued strength in its international business. The company’s shares rose about 8% in extended trading, with Lululemon approving an increase of $1 billion to its stock …
Lululemon raises annual forecasts betting on robust holiday sales Read More »
(Reuters) – Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.5% in aftermarket trading. The company has seen strong engagement from younger shoppers who are on the look out for …
Ulta Beauty raises annual profit forecast, shares rise Read More »
SAO PAULO (Reuters) – Brazilian labor prosecutors charged Volkswagen’s local unit with subjecting farm workers to conditions akin to slavery decades ago and are seeking 165 million reais ($27.5 million) in damages, they said on Thursday. Volkswagen do Brasil said in a statement it had not been formally notified of the charges yet. Volkswagen committed …
Brazil charges Volkswagen unit with treating farm workers like slaves decades ago Read More »
By Suzanne McGee (Reuters) – MFS Investment Management, the Boston-based asset manager that unveiled the world’s first open-ended mutual fund a century ago, is making a foray into exchange-traded funds with the launch of five ETFs on Thursday. Three of the ETFs are tied to the stock market, while the other two offer core bond …
Mutual fund pioneer MFS Investment Management launches first ETFs Read More »
(Reuters) – Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence applications. Shares of the company rose around 1.5% in extended trading. Demand for HPE’s servers, equipped with Nvidia processors, has remained healthy as enterprises invest …
Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. India’s central bank interest rate decision grabs the spotlight in Asia on Friday, as investors digest yet another record high for the Nasdaq and adjust positions ahead of the weekend. The U.S. employment report for November later in the day is …
Morning Bid: India rate call in focus, political crises cool Read More »
