Putin calls on Stalingrad to predict victory over the ‘new Nazism’ in Ukraine

Putin calls on Stalingrad to predict victory over the ‘new Nazism’ in Ukraine

Russian president speaks in Volgograd Eighty years have passed since the Soviet victory in Stalingrad Putin draws parallels with Russia’s campaign in Ukraine This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. VOLGOGRAD, Russia, Feb. 2 (Reuters) – President Vladimir Putin summoned the spirit of the Soviet … Read more

US weekly jobless claims fall to nine-month low; productivity is gaining speed

US weekly jobless claims fall to nine-month low;  productivity is gaining speed

Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates by 3.0% in the fourth quarter Unit labor costs grow 1.1% WASHINGTON, Feb. 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week as the labor market … Read more

ChatGPT sets record for fastest growing user base – analyst note

ChatGPT sets record for fastest growing user base – analyst note

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, has reached an estimated 100 million monthly active users in January, just two months after launch. Wednesday. The report, citing data from analytics firm Compareweb, said that in January, an average of about 13 million unique visitors per day had used ChatGPT, more than double the December … Read more

Russia advances in eastern Ukraine, attack on apartments kills civilians

Russia advances in eastern Ukraine, attack on apartments kills civilians

Russian strike destroys apartment building; 3 dead – officials Zelenskiy gives a gloomy assessment of the Russian offensive in the east Zelenskiy promises more anti-corruption measures New Russian offensive could begin on February 24 – Minister of Ukraine KYIV, Feb. 2 (Reuters) – Fighting on the frontlines in eastern Ukraine “has toughened” as Russian troops … Read more

The Philippines grants the US more access to bases amid concerns about China

The Philippines grants the US more access to bases amid concerns about China

Philippines, US agree to add four locations under EDCA Agreement comes about amid tensions in the South China Sea, over Taiwan EDCA allows US access to Philippine military bases MANILA, Feb. 2 (Reuters) – The Philippines has granted the United States expanded access to its military bases, its defense chiefs said on Thursday, amid mounting … Read more

Adani market losses snowball to $100 billion in delayed share sale

Adani market losses snowball to 0 billion in delayed share sale

NEW DELHI, Feb. 2 (Reuters) – Indian shares of the Adani group fell on Thursday after market turmoil forced the conglomerate to scrap a crucial $2.5 billion equity offer, extending market losses to more than $ 100 billion and concerns arose about the possible systemic impact. The pullback of the share sale of Adani Enterprises … Read more

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

TOKYO, Feb. 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will begin production this year of a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) and sell will gradually ramp up this decade, in an effort to expand its hydrogen business. Honda is targeting annual sales of about 2,000 … Read more

Wall Street Protests as Fed Chief Powell Speaks After Rate Hike

Wall Street Protests as Fed Chief Powell Speaks After Rate Hike

Feb.1 (Reuters) – The S&P 500 and Nasdaq surged to higher closing prices on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation had begun to ease following a quarter-point rate hike by the Federal Reserve, which announced a made a statement that it expects “continuous increases”. Wall Street’s major indices lost ground immediately … Read more

Adani waives $2.5 billion share sale as major blow to Indian tycoon

Adani waives .5 billion share sale as major blow to Indian tycoon

NEW DELHI, Feb. 1 (Reuters) – Flagship Gautam Adani called off its $2.5 billion share sale on Wednesday in a dramatic turnaround as a defeat sparked by the criticism of a US short-seller saw billions more of its value of the Indian magnate’s shares wiped out. The withdrawal of the Adani Enterprises (ADEL.NS) share offering … Read more

Exclusive: EV maker Rivian cuts 6% of jobs amid price war – internal memo

Exclusive: EV maker Rivian cuts 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb. 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the EV maker, already struggling with declining cash reserves and a weak economy, braces itself for an industry-wide price war. The company is focusing its resources on ramping up vehicle production and … Read more