Author: IA PressRoom

2/2 © Reuters. FILE PHOTO: A worker cleans a hotel’s window, as a national flag waves at a seafront tent camp that became the focal point of months-long nationwide demonstrations, as the deadline police asked protesters to leave the camp is approaching, amid the country 2/2 By Uditha Jayasinghe COLOMBO (Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in March. The economy of the country of 22 million…

© Reuters India stocks lower at close of trade; Nifty 50 down 0.37% Investing.com – India stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in NSE, the declined 0.37%, while the index declined 0.34%. The best performers of the session on the were HDFC Life Insurance Company Ltd (NS:), which rose 2.79% or 17.00 points to trade at 626.55 at the close. Meanwhile, Bajaj Finance Ltd (NS:) added 2.54% or 183.00 points to end at 7,386.20 and Bajaj Finserv Ltd (NS:) was up 2.21% or 33.35 points…

Source: bit2me.comMajor Spanish crypto exchange Bit2Me has raised €14 million to grow its position in Spain and expand into Latin America. The exchange announced the news on Thursday, saying that the $15.3 million round was led by Investcorp, a global manager of alternative investment products for private and institutional clients with more than $50 billion in assets under management. Other participants included Telefónica Ventures, the arm of Spanish multinational telecommunications company Telefónica dedicated to investing in technology startups, Silicon Valley-based venture capital fund Stratminds VC, Cardano via Adaverse, and the YGG fund and its CEO Gabby Dizon. “This round closes during a ‘crypto…

sanfel/iStock Editorial via Getty Images With international and domestic air travel returning to pre-pandemic levels, Boeing (NYSE:BA) released its 2023 Commercial Market Outlook (CMO) just before the Paris Air Show, forecasting demand for commercial aircraft and services over the next 20 years. Boeing (BA) forecasts $8 trillion worldwide demand for 42,595 new commercial planes by 2042 as passenger traffic continues to outpace global economic growth of 2.6%, the global fleet nearly doubling to 48,600 jets, expanding 3.5% per year, and airlines replacing roughly half of the global fleet with new, more fuel-efficient models. Brad McMullen, Boeing senior vice president of…

Missouri Republican Sen. Josh Hawley said during a Father’s Day interview that strong male role models are necessary to encourage masculine traits in society’s current “epidemic of fatherlessness.”Speaking with the Washington Examiner, Hawley explained that fathers have a responsibility to provide for and protect their families — despite what some critics of traditional gender roles are currently saying about fatherhood.”As I continue to grow as a dad, I think providing for your family, protecting them, and then really nurturing them, looking to their growth, those are the key things that I think as a dad, at least in the stage…

Our experts answer readers’ home-buying questions and write unbiased product reviews (here’s how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own. Mortgage rates steadily rose throughout most of May, but they’ve calmed down a bit in June. Average 30-year mortgage rates inched toward 7% at the end of last month, but they’ve since cooled off and have been hovering around 6.50% so far this month.The Federal Reserve met last week and decided to pause its hikes to the federal funds rate — previously, the Fed had raised rates in…

The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday and two-year gilt yields rose to their highest level for 15 years, piling more pressure on homeowners and Rishi Sunak’s government.Mortgage costs have been rising sharply over the past week, ahead of an expected increase in interest rates from the Bank of England on Thursday. According to data provider Moneyfacts, the average cost of a two-year fixed-rate deal rose from 5.98 per cent on Friday to 6.01 per cent on Monday morning. The cost of a five-year deal has risen from 5.62 per…

© Reuters Investing.com — The U.S. and China have held talks to try and iron out differences, while Goldman Sachs joins the queue of banks downgrading China’s growth forecasts for this year. The central bank beauty contest continues this week, with the Bank of England expected to continue hiking interest rates. 1. U.S. and China hold talks U.S. Secretary of State Antony Blinken met his Chinese counterpart Qin Gang on Sunday, in what both called candid and constructive talks aimed at smoothing the many differences between the two global economic superpowers. The discussions would likely have included grievances over trade,…

2/2 © Reuters. A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit Tessier 2/2 By Tim Hepher and Joanna Plucinska PARIS (Reuters) – The Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention with rows of missiles, drones and futuristic transport. The world’s largest air show, which alternates with Farnborough in Britain, is at Le Bourget for the first time in four years after…

Twitter has suspended the account of a popular meme coin-linked AI bot “Explain This Bob” after Elon Musk called it a “scam.””This sure looks like a scam crypto account. If so, it will be suspended,” Musk said in response to a tweet by the bot. The account appears to have been suspended soon after Musk’s tweet. The automated Twitter account “Explain This Bob” used OpenAI’s latest large multimodal model GPT-4 to comprehend and respond to tweets by those who tagged the account.The account quickly went viral on Twitter in late April for its witty summaries and comedic responses to tweets. “I love bob,” even Musk…