JOHANNESBURG (Reuters) -South Africa’s rand strengthened on Wednesday ahead of minutes from the U.S. Federal Reserve’s December policy meeting that could give clues on its interest rate tightening path. At 1513 GMT, the rand traded at 16.8750 against the dollar, 0.81% stronger than its previous close. Minutes from the Fed’s December meeting are due to …
South African rand gains ahead of Fed minutes; stocks edge up Read More »
JOHANNESBURG (Reuters) -South Africa’s rand strengthened on Wednesday ahead of minutes from the U.S. Federal Reserve’s December policy meeting that could give clues on its interest rate tightening path. At 1513 GMT, the rand traded at 16.8750 against the dollar, 0.81% stronger than its previous close. Minutes from the Fed’s December meeting are due to …
South African rand gains ahead of Fed minutes; stocks edge up Read More »
WASHINGTON (Reuters) – U.S. job openings fell moderately in November as the labor market remains tight, which could see the Federal Reserve increasing interest rates to a higher level than currently anticipated. Job openings, a measure of labor demand, slipped 54,000 to 10.458 million on the last day of November, the Labor Department said in …
U.S. job openings fall less than expected in November Read More »
DUBLIN (Reuters) – Ireland’s data privacy regulator fined Meta 390 million euros ($414 million) on Wednesday for breaches at its Facebook and Instagram services and said both must reassess the legal basis on how they run advertising based on personal data in the European Union. The order on how both social media companies run advertising …
Irish privacy regulator fines Meta more than $400 million Read More »
(Reuters) – Shares of GE HealthCare Technologies Inc reversed course to trade up 4.4% in their market debut on Wednesday, after the medical equipment maker completed its separation from industrial conglomerate General Electric Co. GE said in 2021 it would split into three public companies to simplify its business, pare down debt and breathe life …
(Reuters) – Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a shortage of semiconductor chips and rising costs hampered the Japanese automaker’s production earlier in the year. The company said it sold 2,108,458 vehicles in 2022, down from 2,332,262 vehicles in 2021. Toyota, which dethroned General …
Toyota’s 2022 U.S. auto sales down 9.6% on part shortages Read More »
WASHINGTON (Reuters) – U.S. manufacturing contracted further in December, but weakening demand amid higher borrowing costs pushed a measure of prices paid by factories for inputs to the lowest level in more than 2-1/2 years, signaling that goods disinflation was underway. The Institute for Supply Management (ISM) said on Wednesday that its manufacturing PMI dropped …
U.S. manufacturing sector contracts, prices decline in December-ISM Read More »
LISBON (Reuters) – Angolan state oil company Sonangol will keep its stakes in Portugal’s Galp Energia and Millennium bcp lender as it considers them strategic assets, Sonangol CEO Sebastiao Gaspar Martins told Reuters on Wednesday. With a 19.49% stake, Sonangol is Millennium bcp’s second-largest shareholder after China’s Fosun, which controls 29.95% of the capital in …
Angolan oil firm Sonangol to keep stakes in Galp, Millennium bcp Read More »
(Reuters) -China’s recent COVID-19 outbreak is predominantly led by the Omicron subvariants BA.5.2 and BF.7, which together account for 97.5% of all local infections, the World Health Organization said on Wednesday. The data was based on an analysis of more than 2,000 genomes by the Chinese Center for Disease Control and Prevention, the WHO said. …
Omicron subvariants BA.5.2, BF.7 driving China’s latest COVID outbreak – WHO Read More »
By Guy Faulconbridge MOSCOW (Reuters) – President Vladimir Putin sent a frigate to the Atlantic Ocean armed with new generation hypersonic cruise missiles on Wednesday, a signal to the West that Russia will not back down over the war in Ukraine. Russia, China and the United States are in a race to develop hypersonic weapons …
Putin deploys new Zircon hypersonic cruise missiles to Atlantic Read More »
