By Mike Dolan LONDON, Feb 8 (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity – questioning any investment conviction, the reliability of pandemic-distorted data and still-low volatility gauges in financial markets. In just six weeks of 2023, economic forecasters have hurriedly revised away this year’s...Read More
A single mum-of-five has spent her life working hard to make enough money to give her children the kind of life she never had growing up. Rebecca Barr, 40, EVdEn eve nAkLiYat went from trauma to triumph, leaving behind a broken home, abuse and , to building a multi-million-pound property portfolio. The award-winning entrepreneur from...Read More
By Aditi Shah and Tim Hepher BENGALURU/PARIS, Feb 10 (Reuters) – Air India has sealed a jumbo deal for about 500 new planes worth more than $100 billion at list prices, in what could become the single largest order by any airline as it seeks to reinvent itself under its new owners, industry sources told...Read More
By Mike Dolan LONDON, Nov 16 (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line. And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can’t be contained quickly...Read More
By Ankit Kumar Feb 9 (Reuters) – Canopy Growth Corp said on Thursday it would shed assets in Canada and cut 800 job positions as part of the pot producer’s efforts to reduce costs and turn profitable. Shares of the company, which reported a bigger quarterly loss, plunged 16.6% to C$3.06 at the closing of...Read More
As concern grows over social media, U.S.lawsuits stack up * Surge in mental health problems worst among girls * Lawyers zone in on algorithm designs, whistleblower leaks * Others see platforms as scapegoat for society’s woes By Avi Asher-Schapiro LOS ANGELES, Feb 8 (Thomson Reuters Foundation) – At about the time her daughter reached the...Read More
By Nell Mackenzie LONDON, Feb 10 (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished the year down almost 9%, EvdeN EVE nAKLiyAT according to an investor presentation seen by Reuters. U.S.stock indexes had a dismal...Read More
By Sara Rossi and Valentina Consiglio ROME, Feb 10 (Reuters) – The Italian Treasury is moving quickly this year to issue retail bonds, hoping to plug a gap soon to be left by the European Central Bank and anticipating strong appetite from savers whose deposits are being eroded by inflation. The economy ministry said on...Read More
BRASILIA, Feb 1 (Reuters) – A decommissioned 32,000-ton 1960’s aircraft carrier has been floating off Brazil’s shore for three months since Turkey refused it entry to be scrapped there because the rusting ship is an environmental hazard. The Brazilian Navy’s Sao Paulo carrier had been towed by tugs to Europe but did not get past...Read More
When she was told she was at risk of breast , model Jade Power bravely chose to have a double mastectomy. Now, only five months later, she is preparing to go back to work – to show women you can still be ‘sexy and beautiful’ after surgery. Miss Power was 27 when she received the...Read More
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