DIRS.INFO The most relevant business & tech news

In this article JPY= Follow your favorite stocks CREATE FREE ACCOUNTThe Japanese yen has weakened significantly against the dollar in 2022. Stanislav Kogiku | SOPA Images | LightRocket | Getty ImagesThe Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia. The yen briefly touched 160.03 against the dollar, the weakest level since April 1990 when it touched 160.15, according to FactSet data. The yen has traded around 150 or weaker against the dollar since the Bank of Japan ended its negative interest rate regime in March. Japanese authorities have repeatedly warned against "excessive" moves in the yen, but have made no official announcements about bolstering the currency.

Persons: Stanislav Kogiku, Kazuo Ueda, Ueda, Vincent Chung, Rowe Price's, Chung Organizations: U.S, greenback, Bank of Japan Locations: Asia

Super Bowl LVIII was the most-watched television show in history, as an estimated 123.4 million people watched the Kansas City Chiefs rally in overtime to defeat the San Francisco 49ers. CBS Sports said that figure included viewers across all platforms and was up 7% from last year's 115.1 million average viewers, which was also the previous record. This year's game was the most-streamed Super Bowl in history with a record audience on Paramount+ , the network said. It added that the network saw its best postseason viewership since 1998. Live sports has showed strength even as TV viewership has fragmented and moved to streaming platforms.

Persons: Usher, Christopher Walken, Ben Affleck, Matt Damon, Tom Brady, Quinta Brunson, Jenna Ortega, Kate McKinnon, Jennifer Aniston, Discovery Organizations: Kansas City Chiefs, San Francisco 49ers, CBS Sports, Paramount, National Football League, Super, NFL, Chiefs, Baltimore Ravens, AFC Championship, ESPN, Fox, Warner Bros Locations: Beyoncé

☆ Biden hints at progress on persuading Israel to pause attacks; protests in major cities around the world
▼ + stars: | 2023-11-05 | by ( Christine Wang | ) www.cnbc.com time to read: 1 min

The Israel Defense Forces said Sunday it was continuing its "operations against Hamas' leadership and infrastructure in northern Gaza." Demonstrators gathered in major cities around the world for the fourth straight weekend since the war began. Israel has faced increased criticism after reports of airstrikes on a refugee camp and a caravan of ambulances this past week. On Saturday, U.S. President Joe Biden said "yes" when reporters asked if there has been progress on coaxing Israel into pausing its strikes on Gaza. He also faces growing pressure domestically as protesters gathered outside of his home Saturday, calling on him to resign.

Persons: Joe Biden, Benjamin Netanyahu Organizations: Israel Defense Forces, Hamas, Israel Locations: Gaza, Israel

☆ 'No place that is safe in Gaza right now,' UN says; Israel deports thousands of Palestinian workers
▼ + stars: | 2023-11-04 | by ( Christine Wang | ) www.cnbc.com time to read: +1 min

"There is no safe place in Gaza right now," a senior UN official said Friday evening, adding that even "a UN flag" cannot provide any measure of safety to civilians trapped in the Gaza Strip. The UN was among the humanitarian organizations calling for a ceasefire in the Israel-Hamas war to ensure the safe delivery of food, fuel and other essentials and as concerns grew over civilian casualties in Gaza. The U.S. is pushing for a temporary break in the fighting in order to free hostages and deliver aid but Israel has rejected the proposal while Israeli hostages are still being held by militant group Hamas. On Friday, the Israel Defense Forces struck a group of ambulances near the Al-Shifa hospital, claiming Palestinian militant group Hamas had been using the vehicles to carry operatives and weapons. CNBC and NBC News were not able to verify the casualty numbers nor IDF's claims about the use of the ambulances.

Organizations: UN, Hamas, Israel Defense Forces, Palestine Red Crescent Society, CNBC, NBC News Locations: Gaza, Israel, The U.S, Palestine, Rafah, Egypt

☆ Israel-Hamas war live updates: Egypt working to expand Gaza Strip evacuations; power generator at major Gaza hospital stops working
▼ + stars: | 2023-11-02 | by ( Ruxandra Iordache Christine Wang | Ruxandra Iordache | Christine Wang | ) www.cnbc.com time to read: +1 min

The international community continues efforts to evacuate civilians from the Gaza Strip, after an initial batch of foreign nationals was allowed to enter Egypt on Wednesday for the first time since the start of the conflict. Egypt is now working for 7,000 international passport holders to traverse the crossing, the country's foreign ministry said. More than 20,000 people remain injured with limited health care in the Gaza Strip due to the onslaught on the territory, according to Doctors Without Borders. He made the comments in response to a protester interrupting him at a fundraiser, calling for a cease-fire. Later this week, U.S. Secretary of State Antony Blinken is expected to travel to Tel Aviv, Israel and Amman, Jordan.

Persons: Joe Biden, Antony Blinken Organizations: U.S, NBC News Locations: Gaza, Egypt, U.S, Israel, Qatar, Tel Aviv, Amman, Jordan

☆ Israel-Hamas war updates: Israel renews calls for north Gaza residents to evacuate; prepares next stage of offensive on Hamas
▼ + stars: | 2023-10-15 | by ( Christine Wang | ) www.cnbc.com time to read: 1 min

Palestinian citizens inspect damage to their homes caused by Israeli airstrikes on October 14, 2023 in Gaza City, Gaza. Many Gazan citizens have fled to the south following warnings from the Israeli government to do so. Israel's military continued to urge residents to move from northern Gaza to the south as it pledged to counter Hamas with "an even greater force." The United Nations' relief agency in the area (UNRWA) warned that fresh water is running out in Gaza, putting 2 million people at risk. The UNRWA called on Israeli authorities to protect civilians, including those at its shelters in northern Gaza and Gaza City who are unable to flee.

Organizations: Israel Defense Forces, United Nations, UNRWA Locations: Gaza City, Gaza

☆ Israel-Hamas war live updates: Israel prepares for next stage of operations, opens new routes south in Gaza for fleeing citizens
▼ + stars: | 2023-10-14 | by ( Christine Wang | ) www.cnbc.com time to read: +1 min

The European Union's top diplomat Josep Borrell warned that Israel's call to evacuate the roughly 1.1 million residents of Gaza City south of the Wadi Gaza river is "virtually impossible," echoing earlier comments from United Nations Secretary-General António Guterres. The U.N. has previously condemned the terrorist attacks of Palestinian group Hamas, which killed and abducted Israeli civilians and nationals. Several humanitarian agencies have decried the evacuation order, saying it would exacerbate the existing crisis for civilians in the Gaza Strip. On Friday, Guterres urged all parties to allow "immediate humanitarian access" as the Israel-Hamas conflict deepens. "We need immediate humanitarian access throughout Gaza, so that we can get fuel, food and water to everyone in need."

Persons: Josep Borrell, António Guterres, Borrell, Guterres Organizations: EU, Representative, Union for Foreign Affairs, Palacio, Congreso, United Nations, Hamas Locations: Granada, Spain, Gaza City, Gaza, North, China, Beijing, Israel

☆ Treasury Secretary Janet Yellen to meet with senior officials in China this week
▼ + stars: | 2023-07-03 | by ( Christine Wang | ) www.cnbc.com time to read: +1 min

U.S. Secretary of the Treasury Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services March 22, 2023 in Washington, DC. Treasury Secretary Janet Yellen will travel to Beijing this week to meet with senior Chinese officials. The Treasury said Yellen is expected to discuss a number of macroeconomic and financial issues, as well as how the U.S. and China can "responsibly manage our relationship, communicate directly about areas of concern, and work together to address global challenges." The department said it would provide further details on her trip at a later date. Yellen's trip comes just weeks after Secretary of State Antony Blinken met with China's President Xi Jinping in Beijing.

Persons: Janet Yellen, Yellen, Antony Blinken, Xi Jinping Organizations: Financial, Treasury, U.S . Locations: Washington , DC, Beijing, U.S, China

☆ Putin vows to punish those involved in mutiny, accuses them of treason
▼ + stars: | 2023-06-24 | by ( Christine Wang | ) www.cnbc.com time to read: +1 min

Russian President Vladimir Putin delivers a statement following talks with Algeria's President at the Kremlin in Moscow on June 15, 2023. Russian President Vladimir Putin pledged to punish everyone involved in the "armed rebellion" and accused them of treason. His comments come after Yevgeny Prigozhin, chief of the mercenary Wagner Group, accused the Kremlin of deliberately bombing Wagner troops. He characterized the unprovoked war in Ukraine as a struggle for Russia's future, an effort that Putin said requires unity among its forces. The Russian leader said, "I repeat, any internal turmoil is a deadly threat to our statehood, to us as a nation."

Persons: Vladimir Putin, Putin, Yevgeny Prigozhin, Wagner, Prigozhin's Organizations: Kremlin, Wagner Group, Russia's Ministry of Defense Locations: Moscow, Ukraine

☆ Apple's Vision Pro an impressive headset with few likely buyers, analysts say
▼ + stars: | 2023-06-06 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

June 6 (Reuters) - Analysts lauded Apple's (AAPL.O) Vision Pro on Tuesday for its impressive technology, but warned that it will be a few years before the $3,499 augmented reality headset sees widespread adoption. That vision, analysts said, could take some time to materialize because the high price tag will likely dissuade most buyers and the product does not have any clear use beyond entertainment in a still nascent augmented reality (AR) market. "Apple proved they have a vision for the role AR technology could play for consumers ... and Vision Pro looked sleek/differentiated versus incumbents and performed with clear potential," Morgan Stanley analysts said. "However, the Vision Pro is not ready for mass consumption," they added, pointing to a bulky external battery pack and the lack of a "killer app", among other issues. The uncertainty regarding Vision Pro sales also drove a wide range of predictions on its expected shipments once the device goes on sale next year.

Persons: Tim Cook, Apple, Morgan Stanley, Harmeet Singh Walia, Walia, Christine Wang, James Cordwell, Aditya Soni, Shounak Dasgupta Organizations: Apple Watch, Vision, Meta, Apple, Facebook, Counterpoint Research, Vision Pro, KGI Securities, Credit Suisse, Thomson

☆ VinFast delivers first 45 cars in US market
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +3 min

[1/3] VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S., March 1, 2023. REUTERS/Lisa BaertleinMarch 2 (Reuters) - Vietnamese electric vehicle maker VinFast delivered its first 45 cars to customers in California on Wednesday, its first sales outside Vietnam. Last week, the company slashed the lease price on the VF8 electric crossover by 50%. It also dropped an option for consumers to rent the electric car's battery, a plan it had advertised as a way to bring down the cost of ownership. Andrew and Nikki Le, who ordered 11 VinFast cars, took delivery of the first of those at the store.

[1/4] FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan November 10, 2022. The plant owned by Taiwan-based Foxconn, battered by China's strict COVID restrictions and facing critical year-end holiday demand, was offering enticing hiring bonuses and excellent pay. Hou said he was promised up to 30,000 yuan ($4,200) for just under four months' work - far above the 12,000-16,000 yuan Foxconn workers usually get for four months. In a rare example of large-scale labour unrest in China, Foxconn workers in COVID masks clashed with security personnel in white hazmat suits holding plastic shields. The company previously apologised to workers for a pay-related "technical error" that it said occurred when it was hiring.

☆ Foxconn unrest risks iPhone shipments, weighs on Apple shares
▼ + stars: | 2022-11-26 | by ( Yimou Lee | ) www.reuters.com time to read: +5 min

Apple shares were down 1.9% in late morning trade on Friday, while the benchmark Nasdaq index was down 0.3%. LOWER SHIPMENTSKGI Securities analyst Christine Wang said if the current issue lasts through December, around 10 million units of iPhone production will be lost, which translates to 12% lower iPhone shipment in the last quarter of 2022. REUTERS/Ann Wang 1 2Wedbush Securities estimates many Apple stores now have 25% to 30% fewer iPhone 14 Pros than normal heading into the holiday shopping season. In a statement on Nov. 7, Apple said it expected lower iPhone 14 Pro and iPhone 14 Pro Max shipments than previously anticipated. Another Foxconn source familiar with the matter said some new hires had left the campus but did not elaborate on how many.

Search resuls for: "Christine Wang"

13 mentions found