Updated Oct. 27, 2022 10:38 am ET Listen to article (1 minute) Kyiv residents are facing prolonged blackouts, after Russian airstrikes again hit the Ukrainian electric system overnight, further degrading the country’s ability to keep the lights on. Yasno, a Ukrainian energy company, wrote on Facebook on Thursday that Russia had again hit the power...
Tag: SYND
Never Mind Microsoft and Alphabet. This Is the More Ominous Sign for Tech.
In a big week for tech earnings, the most notable results may have come from a memory maker based in South Korea and another lesser known American chip company. While most of the attention is focused on the disappointing earnings and outlooks from Microsoft (ticker: MSFT ) and Alphabet ( GOOGL ), investors should not...
Elon Musk Says Twitter Won’t Be ‘Free-for-All Hellscape,’ Addressing Advertisers’ Concerns
WSJ News Exclusive Media & Marketing Marketers worry about the Tesla CEO’s stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes #Elon #Musk #Twitter #Wont #FreeforAll #Hellscape #Addressing #Advertisers #Concerns Source link
Discontent Rises in Europe as Economic War With Russia Pushes Up Cost of Living
World Europe Governments fear protests against high energy prices could weaken public support for Ukraine #Discontent #Rises #Europe #Economic #War #Russia #Pushes #Cost #Living Source link
ECB Raises Interest Rates by 0.75 Point
The European Central Bank increased interest rates by three-quarters of a percentage point for the second time in a row, moving briskly to quash record inflation even as the eurozone teeters close to recession.#ECB #Raises #Interest #Rates #Point Source link
U.S. GDP Grew 2.6% in Third Quarter
While key segments remained resilient during the third quarter, economists are worried about a possible recession.#U.S #GDP #Grew #Quarter Source link
Huawei Posts Rare Climb in Revenue as Business Stabilizes
U.S. General News Chinese telecom giant says smartphone-sales declines have slowed and revenue from telecom gear is on the rise despite U.S. sanctions #Huawei #Posts #Rare #Climb #Revenue #Business #Stabilizes Source link
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
The oil giant said it plans to boost its dividend and buy back another $4 billion of its shares in the coming months, as it continues to benefit from strong demand for natural gas in difficult-to-navigate markets.#Shell #Awash #Cash #Boost #Dividend #Share #Buybacks Source link
Jay Y. Lee Formally Becomes Samsung's Leader
The elevation in title formalizes the all-encompassing role he has played for years at South Korea’s largest business conglomerate.#Jay #Lee #Formally #Samsung039s #Leader Source link
Brazil’s Central Bank Leaves Key Rate Unchanged at 13.75%
The Central Bank of Brazil left its benchmark lending rate unchanged, but warned again that it is prepared to resume hikes if the country’s inflation doesn’t keep slowing as expected. The bank’s monetary policy committee, known as the Copom, left its key Selic rate at 13.75% for the second consecutive meeting. The committee had raised...