Author: IA PressRoom

Scheid Vineyards GAAP EPS of -$2.44, revenue of $69.3M

North Korean leader Kim Jong Un has nothing but praise for Vladimir Putin and his war in Ukraine. Kim expressed a desire for close cooperation with Moscow, saying he and Putin should be “holding hands.” North Korea has been seeking closer ties with Russia, especially after the war in Ukraine began. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app North Korean leader Kim Jong Un is cozying up to his counterpart in Russia, expressing “full support and solidarity” for the Kremlin’s war on Ukraine.In…

© Reuters. FILE PHOTO: A sign of Chinese electric vehicle (EV) maker Nio is pictured at its delivery center in Nanxiang, Shanghai, China March 23, 2023. REUTERS/Aly Song SHANGHAI (Reuters) -Nio said on Monday it would lower prices for all its models and end free battery swapping services to new buyers, as the Chinese electric vehicle maker faces mounting pressure over earnings losses and lukewarm sales. Nio (NYSE:) will cut prices by 30,000 yuan ($4,200) for all models including its revamped ES6 and ES8 sports utility vehicles from June 12, according to a company statement. That equates to discounts ranging…

© Reuters. Investing.com– Most Asian currencies retreated on Monday as traders favored the dollar ahead of more key cues on U.S. monetary policy this week, while the Chinese yuan was hit by growing expectations for a rate cut by the People’s Bank. Yuan wallows at six-month lows The fell 0.2% to a six-month low of 7.1451 against the dollar, as more major, state-owned Chinese banks began cutting interest rates on yuan deposits. The move heralds a broader cut in the central bank’s loan prime rate later this month, as it struggles to shore up economic growth. A post-COVID rebound in…

Call it an equal opportunity Tony Awards. No single show dominated Broadway’s big night, with prizes split almost evenly among a handful of productions. “Kimberly Akimbo,” a quirky, smaller-scaled show that chronicles the story of a teenager who suffers from a disease that effectively traps her in an older person’s body, was named best musical, the evening’s most heralded honor. But otherwise, the show captured a respectable but hardly record-breaking four other awards — namely, ones for Victoria Clark for lead actress in a musical, Bonnie Milligan for supporting actress, Jeanine Tesori for score and David Lindsay-Abaire for book. By…

© Reuters. FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo (Reuters) – Australian lender Westpac Banking (NYSE:) Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said. The Finance Sector Union of Australia (FSU) said on Friday the country’s third-largest bank would reduce headcount from its Consumer and Business Banking Division, citing a…

Investing.com– Oil prices fell in Asian trade on Monday, with WTI sinking back below $70 a barrel after Iran’s supreme leader said that the country was open to a deal with the West over its nuclear program, albeit with some caveats. Ayatollah Ali Khamenei said that a deal was possible if Iran’s nuclear infrastructure was kept intact. His comments came just a few days after both Tehran and Washington denied reports that an interim nuclear deal was close.  But Khameni’s comments reignited fears of a nuclear deal among oil traders, given that it could flood the market with supply as…

Smoke clouds from the wildfires in Canada have engulfed New York City — and large parts of the Northeast — leaving a sinister haze and an unwelcome smell of ash. As someone from Singapore who regularly experienced haze growing up in the city-state, I immediately knew what I needed to do to adapt. I’m sure many Californians may have the same reaction, having endured multiple wildfires – and smoke — over the last few years. Growing up in Singapore, I experienced smoke haze caused by forest fires on a frequent basis. While the city seems to have escaped much of…

New Yorkers are wearing the Dyson Zone headphones as masks in the haze.  TikTok users are skeptical of the headphones’ “air purifying” claims. “Is there a seal? If not it may filter a lot but you are also breathing in unfiltered air,” one user said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app New York City continues to be engulfed in a red haze as wildfires blaze across eastern Canada — and some residents have a solution to cope with the smog: Dyson’s $1,000…

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Rae Wee SINGAPORE (Reuters) – The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve’s where it will announce its rates decision. The U.S. currency was pinned near a one-month low against the British pound and the in early Asia trade at $1.25805 and $0.6745, respectively, though moves were subdued with most of Australia closed for…