Author: IA PressRoom

The satisfaction is nearly universal, but comes with a queasy aftertaste: Democrats are relishing the possibility that Donald J. Trump will get his comeuppance at last. But when the mocking laughter fades, in its place remains a much more lasting anxiety. What will this do to the country?While President Biden and his top allies have largely stayed silent about Mr. Trump’s indictment, rank-and-file Democrats were far more eager to talk, responding with a mix of jubilation and deep apprehension about how the federal prosecution of a former president and current White House candidate could convulse American politics.Interviews this week with…

Investors in Toyota have backed the company’s management and rejected a shareholder challenge on its climate policy, after the world’s largest carmaker by sales came under unprecedented pressure to improve its governance.The outcome of the annual meeting, though widely expected, briefly lifted Toyota’s shares by 8 per cent on Wednesday, adding to the previous session’s 5 per cent rally after the company unveiled ambitions to commercialise its solid-state battery technology in an electric vehicle by 2027 at the earliest.Governance experts and environmental activists say the unusual challenge to the country’s largest company by market capitalisation marks significant shifts under way…

2/2 © Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo 2/2 By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the U.S. central bank kicked off a historically aggressive round of monetary policy tightening in March of 2022. But don’t call it a pivot or a pause. Policymakers at the end of their two-day meeting may well signal more rate increases are still to come once they take time to assess how the economy is…

© Reuters. FILE PHOTO: Prosus’ logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/ FILE PHOTO AMSTERDAM (Reuters) – Technology investor Prosus (OTC:) on Wednesday said its profit dropped significantly last year due to impairments and lower contributions from its biggest holding, Chinese software and gaming giant Tencent. Prosus said it expected earnings per share to have fallen by 40% to 47% in the year through March 2023 as Tencent was hit by COVID-19 lockdowns and regulations in China. “The operating environment was characterised by significant geopolitical and macroeconomic uncertainty,” Prosus said in a…

Solution Financial Non-GAAP EPS of C$0.002, revenue of C$3.5M

Jack Dorsey said India raided homes of Twitter’s workers when the company refused to ban some accounts. Dorsey said India, the world’s biggest democracy, also threatened to shut Twitter down in the country. India’s information technology minister has since decried Dorsey’s claim as an “outright lie.” 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 Twitter co-founder Jack Dorsey said India’s government previously raided the homes of the company’s employees when the platform refused to comply with censorship demands.Speaking on the podcast “Breaking Points” hosted…

The next generation is trusting their news-gathering and fact-checking to TikTok and Instagram personalities rather than mainstream media and journalists, according to a report.A study conducted for the Reuters Institute for the Study of Journalism, part of Britain’s University of Oxford, found 55% of TikTok users and 52% of Instagram users get their news from “personalities” on the respective platforms.The figure of those who get their news from mainstream media and journalists on those same platforms falls to just 33% on TikTok and 42% on Instagram, per the 2023 Digital News Report.Nic Newman, a senior research associate at the Reuters…

© Reuters. Investing.com — Expectations for more interest rate cuts from the People’s Bank of China grew this week after the central bank trimmed short-term rates on Tuesday, amid a slowing economic recovery in the country.  The PBOC cut its 7-day reverse repo rate and standing lending facility rate by 10 basis points (bps) on Tuesday, its first cut to borrowing rates in 10 months. The move signals more cuts by the central bank in the coming weeks, as it moves to shore up a stalling economic recovery in the country. A Reuters poll showed that market expectations are building…

Source: silentalex88/AdobeThe Belgian arm of the French fast food chain Black & White Burger has announced that all its stores in the nation will accept crypto payments.Per the media outlets L’Echo and L’Avenir, the chain also says it has created a “mystery burger,” which will only be made available to customers paying in crypto.The chain has partnered with a French crypto app developer named Lyzi for the deal, and will reportedly enable crypto pay at all 12 of its Belgian outlets.The fast food company’s franchise chief Mansour Nasr was quoted as stating:“Black & White is a contemporary brand that [moves]…

Tesla Inc. raised U.S. prices for its Model Y crossover by $250 on Tuesday. The starting price for a Model Y is now $47,740, according to Tesla’s website. Prices for the “long-range” and “performance” versions remained the same. After cutting prices on its vehicles earlier this year to boost sales, Tesla has been tweaking prices higher where…