NEWS1
Ferrari to accept crypto as payment for its cars in the US
The logo of Ferrari is seen in the headquarters as CEO Benedetto Vigna unveils the company’s new long term strategy, in Maranello, Italy, June 15, 2022. Picture taken June 15, 2022. REUTERS/Flavio Lo Scalzo/File Photo Acquire Licensing Rights MILAN, Oct 14 (Reuters) – Ferrari (RACE.MI) has started to accept payment in cryptocurrency for its luxury …
Wall St gains with focus on Nvidia’s high-stakes results
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Nvidia gains ahead of quarterly results Sports retailers fall on Foot Locker’s dour forecast Peloton drops on missing positive cash-flow target Indexes up: Dow 0.25%, S&P 0.52%, Nasdaq 0.82% …
LinkedIn cuts over 700 jobs, exits China app as demand wavers
May 8 (Reuters) – LinkedIn, the social media network owned by Microsoft Corp (MSFT.O) that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application. LinkedIn, which has 20,000 employees, has grown revenue each quarter during the last year, but it joins …
First Republic secures new facility from JPMorgan
March 12 (Reuters) – U.S. private bank First Republic Bank (FRC.N) said on Sunday it had secured additional financing through JPMorgan Chase & Co (JPM.N), giving it access to a total of $70 billion in funds through various sources. First Republic’s announcement came after its share price was hit last week in the aftermath of …
Twitter makes first interest payment on Musk buyout debt – Bloomberg News
Jan 30 (Reuters) – Twitter Inc has made its first interest payment under Elon Musk after the billionaire took the social media company private last year using about $12.5 billion of debt, Bloomberg News reported on Monday, citing people with knowledge of the matter. Twitter paid a group of seven banks, led by Morgan Stanley, …
UK inflation hits 41-year high of 11.1% as Hunt readies budget
LONDON, Nov 16 (Reuters) – Surging household energy bills and food prices pushed British inflation to a new 41-year high in October, according to data published a day before finance minister Jeremy Hunt announces tax hikes and spending cuts to control price growth. Consumer prices rose by 11.1% in annual terms last month, the highest …
Putin turns 70 with a prayer for his health
Kremlin leader faces deepening crisis in his war in Ukraine Allies pay tribute but criticism of military is mounting Patriarch prays for Putin’s health LONDON, Oct 7 (Reuters) – President Vladimir Putin turned 70 on Friday amid fawning congratulations from subordinates and a plea from Orthodox Patriarch Kirill for all to pray for the health …
Health warnings issued as heatwave scorches Europe
WMO issues warning on air quality in towns and cities UK declares first red heat warning for Monday, Tuesday Wildfires ablaze in France, Spain and Portugal LEIRIA, Portugal/LONDON, July 15 (Reuters) – Hundreds more people were evacuated from their homes as wildfires blistered land in France, Spain and Portugal on Friday, and officials in Europe …
COVID and bust: China’s private health system hurt by tough coronavirus controls
SHANGHAI, July 6 (Reuters) – On March 24, a court in the central Chinese city of Fuyang announced that a $1.5 billion hospital built just four years earlier had filed for bankruptcy because it was unable to pay its debts. For most of the last two years, the Fuyang Minsheng Hospital had been fully involved …
Tedros re-elected as head of World Health Organization
GENEVA, May 24 (Reuters) – The World Health Organization’s (WHO) members re-elected Tedros Adhanom Ghebreyesus as Director General by a strong majority for another five years, the president of the World Health Assembly said on Tuesday. The vote by secret ballot, announced by Ahmed Robleh Abdilleh from Djibouti at a major annual meeting, was seen …
