Author: IA PressRoom

Twitter’s relationship with advertisers has been contentious since Elon Musk’s takeover last year. Brands that pulled ads over content concerns have returned to the platform since it named a new CEO. But big names like Disney, the NBA, and Adobe had ads placed next to antisemitic content this week. 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 When former NBC Universal executive Linda Yaccarino was named Twitter’s next CEO last month, advertisers breathed a sigh of relief. The presence of the advertising titan, who, according…

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© Reuters. Investing.com– Goldman Sachs (NYSE:) slashed its economic growth forecasts for China on Sunday, stating that current levels of stimulus from the government will provide less support for the economy than previously thought. The investment bank cut its forecast for 2023 (GDP) to 5.4% from 6%, joining a growing list of major banks that have cut their bets on a Chinese economic recovery this year. The bank said  in a note released on Sunday that the country’s ongoing stimulus was incapable of generating a strong “growth impulse,” and would result in a slower recovery despite the lifting of anti-COVID…

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5/5 © Reuters. Workers package eggs near crates at Ruichang City Yixiang Agricultural Products factory in Ruichang, Jiangxi province, China May 30, 2023. REUTERS/David Kirton 2/5 By David Kirton RUICHANG, China (Reuters) – When Steven Du took over his parents’ factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant’s heating in winter – something his frugal forebears were reluctant to do. “If you don’t improve their environment, the workers aren’t as happy and it’s harder for them to do their best work,” the 29-year-old said. “The change is worth…

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© Reuters. Investing.com– Gold prices moved little on Monday as markets awaited a string of Federal Reserve speakers and testimonies this week for more cues on monetary policy, while copper retreated as investors sold off recent profits. Trading volumes in metal markets are expected  to be thin on Monday, on account of a U.S. market holiday, while anticipation of a testimony by Fed officials, most notably later this week, is also expected to deter big bets. Gold remains rangebound, Fed in focus  was flat at $1,957.88 an ounce, while fell 0.1% to $1,971.20 an ounce by 21:05 ET (01:05 GMT). …

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The property has been overrun by nature.BresicWhitney An abandoned Sydney home is set to be auctioned with a guide price of $2.5 million Australian dollars, or $1.7 million. The 2,906-square-foot property has been empty for seven years and is overrun with plants. The two-bedroom house was originally built in 1985 for an Australian artist, the listing agent told Insider. An abandoned Sydney home overrun by plants is set to be auctioned with a guide price of 2.5 million Australian dollars, or $1.7 million.The house is barely visible underneath all the plants.BresicWhitneyWhat's more surprising: The house's appearance, or its hefty price…

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© Reuters. FILE PHOTO: A man reads a magazine in front of a stock index board at a bank in Bangkok, Thailand October 17, 2016. REUTERS/Edgar Su/File Photo By Stella Qiu SYDNEY (Reuters) – Asian shares started cautiously on Monday after their best weekly run in five months, as investors looked ahead to China’s rate decision and U.S. Federal Reserve Chair Jerome Powell’s testimonies for clues on the rate path ahead. rose 0.1% early in Asia while Nasdaq futures firmed 0.3%. Cash U.S. Treasuries were untraded owing to the Juneteenth holiday, while futures were up a fraction with little liquidity.…

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© Reuters. A worker pumps petrol for a customer at a petrol station in Barcelona, Spain, February 4, 2022. REUTERS/Nacho Doce/File Photo By Katya Golubkova TOKYO (Reuters) – Global oil prices fell on Monday, backing off last week’s gains as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States. lost 68 cents to trade at $75.93 a barrel by 0042 GMT, while U.S. West Texas Intermediate (WTI) crude was down 59 cents to $71.19. Last week, Brent posted a gain of 2.4% and…

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Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.” Per the South Korean media outlets Segye Ilbo and MBN, Kwon told a District Court in Podgorica, Montenegro, that he had received all of his reportedly forged travel documents, including a Costa Rica passport, through “agencies.” He said:… Read More: Terra’s Do Kwon Blames ‘Chinese-named Agency’ for ‘Fake Passports’

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