Singapore’s DBS, Citi Suffer Service Outage on Data Center Issue
Customers of Singapore’s DBS Group Holdings Ltd. and Citigroup Inc. were unable to access banking facilities for several hours after an issue at a data center used by the lenders.
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Israel Latest: Foreigners Unable to Cross to Egypt From Gaza
US citizens living in or visiting the Gaza Strip may be allowed to leave on Saturday, according to a US official with knowledge of the situation. As of late afternoon, though, Egypt was refusing to allow foreign nationals to cross the Rafah border point, local media said.
First NFL Game Brought to Life in New Film ‘Triangle Park’
The National Football League produces some of the most-watched telecasts in the US every year, and yet the precise origins of the sport remain a mystery to most. Filmmaker Allen Farst wanted to change all that. In his new movie, Triangle Park, Farst documents the first-ever NFL game: a 1920 matchup between the Dayton Triangles and the Columbus Panhandles. The film — one part documentary, one part live-action drama — centers on the sport’s inaugural game played out in Triangle Park in Dayton, Ohi
Sri Lanka Urges China to Share Debt Terms to Help Other Deals
Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal, a step needed to help the bankrupt nation speed up the process of restoring its finances more than a year after it defaulted.
IMF Stymied Again by War With No Communique After Marathon Talks
The International Monetary Fund’s top advisory board failed to reach a consensus at its annual meeting, with Russia’s war in Ukraine again complicating its attempts to speak with a unified voice on key issues.
Africa Finds ‘No Mercy’ from Global Cash Crunch it Didn’t Cause
African finance ministers appealed for help and “common humanity” in their fight against a vicious funding squeeze caused by mistakes its politicians blame on wealthy countries, which the Israel-Hamas war may now make worse.
End of Corporate America’s Profit Recession Comes With Concerns
Investors are growing more confident that a year-long slump in profits for Corporate America is about to end. Yet a fragile economic outlook, wary consumers and the highest interest rates in 16 years mean any relief for stocks could be short-lived.
Ferrari Begins to Take Crypto as Payment for Cars in US: Reuters
Ferrari NV is allowing US customers to pay for its luxury sports cars using cryptocurrency, with plans to expand the payment method to Europe by the first quarter of 2024, Reuters reported Saturday.
Israel Latest: Hamas Says Nine More Hostages Killed by Bombs
American citizens in the Gaza Strip may be allowed to leave on Saturday, according to a US official with knowledge of the situation.
Fed Officials Prepare to Extend Rate Pause Without Saying Hikes Are Done
Federal Reserve officials look set to hold interest rates steady for the second time in a row next month — but they’re far from calling an end to their tightening campaign.