Five Chinese state-owned companies are delisting from NYSE

SHANGHAI/HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist the New York stock exchange amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec … Read more

The gaming industry’s fortunes are fading as spending pressures follow a pandemic

Aug 10 (Reuters) – Gaming companies are facing a slowdown in video game demand from pandemic highs, casting doubt on their ability to weather an economic downturn. Rising prices and a lack of hit titles have compounded problems for video game publishers Activision Blizzard Inc (ATVI.O) and Electronic Arts (EA.O) who are also dealing with … Read more

Arizona man describes his monkey pox diagnosis as the number of cases rises in the country

Arizona man describes his monkey pox diagnosis as the number of cases rises in the country PHOENIX – monkeypox cases are increasing in the Phoenix area and across the country, and the Biden administration recently declared the outbreak a public health emergency. More than a hundred cases of monkey pox have been reported in Arizona, … Read more

Russia Bans Western Investors From Selling Banking And Key Energy Holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link in the Kremlin in Moscow, Russia, Aug. 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Register now for FREE unlimited access to Register This content was produced in Russia, where the law limits coverage of Russian military operations … Read more

China’s car maker decline is a global warning

Stellantis CEO Carlos Tavares holds a press conference after a meeting with unions in Turin, Italy, March 31, 2022. REUTERS/Massimo Pinca Register now for FREE unlimited access to Register HONG KONG, Aug. 5 (Reuters Breakingviews) – Political meddling is just one of the problems facing western automakers in China. Stellaantis (STLA.MI), Chief Executive Carlos … Read more

Azerbaijan says it crushed Armenia’s attack near enclave, EU wants fighting to end

BAKU, Aug. 3 (Reuters) – Azerbaijan said its forces repulsed an Armenian attack near the disputed enclave of Nagorno-Karabakh on Wednesday, sparking international calls to end fighting in a region has been a focal point for 30 years. Nagorno-Karabakh broke away from Azerbaijan with Armenian support after a bloody post-Soviet ethnic conflict in the early … Read more

When bad news sounds good

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 19, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Register A look at the day ahead at Anshuman Daga’s markets After a strong run of mostly positive earnings reports from both sides of … Read more

Sony lowers earnings forecast due to weaker gaming outlook

Sony Group Corp.’s new line of headphones and monitors, targeting the growing PC video game market, the Inzone line, is shown at its unveiling in Tokyo, Japan, June 29, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Register Lowered fiscal year earnings forecast by 4% to Y1.11 trin Q1 operating profit Y307 … Read more

Russia further cuts gas flows as Europe pushes for energy savings

FRANKFURT/LONDON, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy dispute between Moscow and the European Union, making it more difficult and expensive for the bloc to fill storage ahead of the winter heating season . The supply cut, signaled by Gazprom (GAZP.MM) earlier this … Read more

Illegal Brazilian Gold Tied to Italian Refineries and Big Tech Clients

SAO PAULO, July 25 (Reuters) – According to police documents, Brazilian police have alleged that an Italian refinery has bought gold from a trader who is buying it illegally in the Amazon rainforest area. largest tech companies. Public filings by (AMZN.O), Apple (AAPL.O), Microsoft (MSFT.O) and Google parent Alphabet (GOOGL.O) cite private Italian company … Read more