Exclusive: Mexico’s Pemex destroyed resources worth $342 million from two top fields
MEXICO CITY, Jan. 18 (Reuters) – Mexico’s state-owned oil company Pemex has illegally burned hydrocarbon wells worth more than $342 million at two of its major new fields in the…
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The US economy is losing steam as retail sales show their biggest decline in 12 months
Retail sales down 1.1% in December; November sales fell Core sales down 0.7%; November sales not reviewed Manufacturing output is down 1.3%; November production cut Producer prices down 0.5%; up…
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Microsoft is cutting 10,000 jobs as the cloud technology sector worries about the recession
DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corp. (MSFT.O) said on Wednesday it would cut 10,000 jobs and cash in at $1.2 billion as its cloud computing customers reassess their…
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Exclusive: The Vietnamese market is in danger of missing the 2025 deadline for upgrade to emerging status – sources
Vietnam wants its stock market to gain emerging economy status HCMC stock market is classified in top indexes as a frontier market Upgrade would lead to $5 billion initial inflow…
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Analysis: Turkey and its markets are heading for an election crossroads
Turkey’s presidential election represents a major split. Side effects of unorthodox economics crucial for voters Repeated periods of market turmoil have led investors to leave Turkey Economists recognize that a…
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Tesla video promoting self-driving has been staged, an engineer testifies
17 Jan. (Reuters) – A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities such as stopping at a red light and accelerating…
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Ministers are closing in on global agreement at historic UN nature talks
MONTREAL, Dec. 18 (Reuters) – Negotiators at a UN summit to protect nature moved closer on Sunday to a new global deal that could protect 30% of the world’s land…
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Elon Musk’s suspension of journalists on Twitter has sparked global reactions
Dec. 16 (Reuters) – Twitter’s unprecedented suspension of at least five journalists over claims they revealed owner Elon Musk’s real-time location quickly drew backlash from government officials, advocacy groups and…
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Goldman is going to lay off thousands of employees as the number of layoffs on Wall Street increases
NEW YORK, Dec. 16 (Reuters) – Goldman Sachs Group Inc (GS.N) plans to lay off thousands of employees to navigate a tough economic environment, a source familiar with the matter…
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Twitter suspends several journalists, Musk calls ‘doxxing’ of his jet
Dec. 15 (Reuters) – Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about new owner Elon Musk, with the billionaire tweeting that rules prohibiting the…
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