A look at the day ahead in U.S.and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a confusing macro picture – but offers little more clarity with scattergun fortunes and ambiguous readouts for the wider economy. Shares in Walt Disney surged 6% ahead of Thursday’s open after the …
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Brazil sinks rusting old aircraft carrier in the Atlantic
BRASILIA, Feb 4 (Reuters) – Brazil sank a decommissioned aircraft carrier in the Atlantic Ocean off its northeast coast, the Brazilian Navy said, despite warnings from environmentalists that the rusting 1960s French-built ship would pollute the sea and the marine food chain. The 32,000-tonne carrier had been floating offshore for three months since Turkey refused …
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I ordered a brand new £999 Apple iPhone 14 Plus from Amazon but when the package arrived it contained two candles and no sign of the mobile
I ordered a brand new £999 Apple iPhone 14 Plus from Amazon but when the package arrived it contained two candles and no sign of the mobile. I was bemused at first, but now I’m fuming as Amazon is refusing to refund me for the device. A.B., Sussex. Another ball of wax: A reader was …
Woman who spent £50k on house says it was left in 'horrendous' state
A woman has slammed the ‘horrendous’ state of her house after spending more than £50,000 on building work only for it to abruptly stop leaving her with a large repair bill and ‘no kitchen.’ IT worker Lisa Morris, 50, says she hired a company called Eva-Lution to renovate her Llanharan home but the work suddenly stopped …
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Kanye West’s Donda Academy announced it would be reopening its doors on Thursday, just hours after the principal said the school would shutter for the remainder of the 2022-23 school year
Kanye West’s Donda Academy announced it would be reopening its doors on Thursday, just hours after the principal said the school would shutter for the remainder of the 2022-23 school year. Parents at the exclusive Christian school received an email near midnight on Wednesday explaining that the school would be ‘returning with a vengeance,’ the …
European companies cut jobs as economy sputters
Jan 31 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper …
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British man charged with hiding Russian megayacht from US sanctions
Richard Masters, 52, was arrested on Friday on charges of violating US sanctions laws A British citizen has been arrested in on US criminal charges alleging that he helped a billionaire Russian oligarch evade sanctions relating to his $90 million megayacht. Richard Masters, 52, was arrested on Friday by the Spanish Guardia Civil and faces extradition …
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Alphabet shares dive after Google AI chatbot Bard flubs answer in ad
By Martin Coulter and Greg Bensinger LONDON, Feb 8 (Reuters) – Alphabet Inc lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries that the Google parent is losing ground to rival Microsoft Corp. Alphabet shares slid …
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Disney's Bob Iger will lay off 7,000 workers
Disney’s Bob Iger is planning to lay off 7,000 employees in a ‘significant transformation’ to cut back costs as he eliminates some of his predecessor’s efforts. On Wednesday, Iger announced his plans to restructure the company, effectively eliminating the Disney Media and Entertainment Distribution group set up under former CEO Bob Chapek. The new structure, …
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Italy pushes retail bonds, eyeing inflation and ECB tapering
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 …
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