Author: IA PressRoom

© Reuters. FILE PHOTO: People walk on the street around Kwame Nkrumah circle in Accra, Ghana, December 2, 2016. REUTERS/Luc Gnago/File Photo ACCRA (Reuters) – The International Monetary Fund (IMF) said on Thursday that Ghana’s economy is showing signs of stabilization, with softening inflation, an increase in international reserves and a less volatile exchange rate. The IMF statement was issued at the end of a week-long visit to the country as part of regular engagements under Ghana’s $3 billion loan programme, which was approved in May. The West African country is seeking to restructure $20 billion of its roughly $30…

© Reuters Adobe earnings beat by $0.12, revenue topped estimates Investing.com – Adobe (NASDAQ: ) reported second quarter EPS of $3.91, $0.12 better than the analyst estimate of $3.79. Revenue for the quarter came in at $4.82B versus the consensus estimate of $4.77B. Guidance Adobe sees Q3 2023 EPS of $3.95-$4.00 versus the analyst consensus of $3.89. Adobe sees Q3 2023 revenue of $4.83B-$4.87B versus the analyst consensus of $4.86B. Adobe sees FY 2023 EPS of $15.65-$15.75 versus the analyst consensus of $15.50. Adobe sees FY 2023 revenue of $19.25B-$19.35B versus the analyst consensus of $19.30B. Adobe’s stock price closed…

Terra Luna Classic (LUNC) has demonstrated remarkable resilience in the face of the recent cryptocurrency market crash. After bouncing off above the support level of 0.00009044, LUNC has managed to climb back up and is currently trading at $0.00009534. This impressive recovery has captured the attention of investors, who are now keen to understand the factors driving LUNC’s upward momentum.Terraform Labs Co-Founder Do Kwon Faces Extradition in Montenegro Amid Financial Fraud ProbeTerraform Labs co-founder Do Kwon is reportedly facing extradition custody in Montenegro following a request from South Korea, where he is accused of being involved in the largest financial fraud case…

Sundry Photography/iStock Editorial via Getty Images The VMware/Broadcom deal spread narrowed at least partly amid a report that there may be some progress being made in China’s anti-trust review of the $61 billion transaction. The spread narrowed to $40.95 from $42.08 on Wednesday. China’s antitrust regulator hired outside economists to look at the deal, according to traders, who cited a Capitol Forum report that was circulating on Thursday. Hiring outside economists after talks with industry players at an early stage in the Phase-2 review may be be a positive signal for the deal review by China’s State Administration for Market…

A California Democratic lawmaker accused his Republican colleague, the state assembly’s first Muslim member, of White supremacy for declining to back a bill that would allow state funds to go toward programs based on race in what critics are calling state-sanctioned discrimination.Democratic Assemblymember Corey Jackson, who proposed ACA-7, said it’s meant to address “persistent disparities in health, education, and economic outcomes for certain communities” in California. Jackson’s bill would amend the state’s constitution in order to allow taxpayer money to fund “culturally specific programs in any industry if those programs are established or otherwise implemented by the state for purposes of increasing…

In trading on Thursday, shares of Equity Residential were yielding above the 4% mark based on its quarterly dividend (annualized to $2.65), with the stock changing hands as low as $65.65 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY PY SPY ) back on 12/31/1999 — you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease…

UN secretary-general António Guterres attacked oil and gas industry attempts to justify fossil fuel expansion with carbon capture technology as “proposals to become more efficient planet wreckers”, in a speech that appeared to be a thinly-veiled critique of the UAE hosts of COP28.The industry’s stated plans to deal largely with the emissions behind global warming by capturing them, rather than phasing out production, were undermining the climate agenda, Guterres said.The UAE COP28 president-designate Sultan al-Jaber, who is also the head of the state oil company Adnoc, has consistently reflected the industry view that the focus should be on the control…

5/5 © Reuters. People enjoy the sunset in Zadar, Croatia June 11, 2023. REUTERS/Antonio Bronic 2/5 By Antonio Bronic ZADAR, Croatia (Reuters) – Croatian tourism officials are anticipating a record year for the sector after the country joined Europe’s free-movement Schengen zone in January, which has boosted the number of visitors to its picturesque Adriatic coast. Tourism accounts for 20% of Croatia’s economy and following a slump during the COVID-19 pandemic, the sector recovered in 2022 and based on results in the pre-summer season, officials expect the positive trend to continue this year. “So far, we have recorded nearly 5…

© Reuters. Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in the Queens borough of New York City, New York, U.S., June 1, 2022. REUTERS/Mike Segar (Reuters) -Delta Air Lines said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the COVID-19 pandemic. The dividend, of $0.10 per share, will be paid on Aug. 7 to shareholders of record as of the close of business July 17, the U.S. airline said. In December, Southwest Airlines…

© Reuters. FILE PHOTO: Beef cattle at the Kasko Cattle feedlot, which are affected by a supply chain blockage caused by coronavirus disease (COVID-19) outbreaks at meat-packing plants, in Coaldale, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo TAIPEI (Reuters) – Taiwan’s government on Thursday agreed to fully open its market to imports of Canadian beef, lifting a stumbling block as Taipei angles to sign a bilateral investment agreement with Ottawa this year. Taiwan had previously banned imports of Canadian beef slaughtered more than 30 months earlier due to concerns about bovine spongiform encephalopathy (BSE), or mad cow disease. Taiwan’s…