Israeli private detective, Aviram Azari has pleaded guilty for involvement in surveillance and cyber intelligence hack scheme in April 2022. Azari, who has been detained and under investigation in the…
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Kenes Rakishev reduced his stake in Fincraft to 9.9%
This is stated in an extract from the system of registers of shareholders The share of businessman Kenes Rakishev in the Fincraft investment house decreased to 9.9%. This is stated…
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Trapdoor for dollar, red flag for Fed: Mike Dolan
The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build a case for a…
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Davos 2023: South Korea’s Yoon calls for strengthening resilience of global supply chains
South Korea’s President Yoon Suk-yeol on Thursday called for strengthening the resilience of global supply chains, describing it as one of the most urgent tasks facing the international community. Yoon…
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Philly Fed, jobless claims, Genesis bankruptcy report – what’s moving markets
Brace for another U.S. data dump, a day after weak retail sales and industrial production numbers forced markets to reappraise the risk of a recession. The Philadelphia Federal Reserve’s manufacturing…
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U.S. stocks were falling as investors await Fed’s beige book
U.S. stocks turned lower on Wednesday despite economic data on retail sales and producer prices that eased fears about interest rate hikes. At 11:10 ET (16:10 GMT), the Dow Jones Industrial…
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NASA awards $425 million to Boeing for fuel-efficient airliner research project
by Michael Loweby Michael LoweNASA said on Wednesday it awarded $425 million to Boeing (NYSE:BA) Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden administration works to cut aviation sector emissions. Boeing…
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Stocks and oil slide on rekindled recession worries
Stocks and oil prices dipped on Thursday after weak U.S. consumer data rekindled global recession worries, while Japan’s yen reared up again as traders took fresh punts that the Bank…
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China’s BYD takes cautious approach to U.S. in global EV push
Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
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Stocks fall after data showing a cooling economy
U.S. stocks were falling on Wednesday as investors studied data that showed the economy was cooling. At 12:56 ET (17:56 GMT), the Dow Jones Industrial Average was down 429 points or 1.3%,…