DIRS.INFO The most relevant business & tech news

☆ Horror and Grief: Inside Gaza’s Hospitals
▼ + stars: | 2023-11-01 | by ( U.S. News Staff | ) www.usnews.com time to read: +9 min

Israel has argued that Gaza’s biggest hospital, al-Shifa, conceals underground command centers for Hamas – a claim the group denies – stoking concerns the facility could be targeted. (Ali Mohmoud/AP)Oct. 23, 2023 | People injured after Israeli attacks are treated at al-Shifa Hospital in Gaza City. (Belal Khaled/Anadolu Agency/Getty Images)Oct. 23, 2023 | People injured after Israeli attacks wait for treatment at al-Shifa Hospital in Gaza City. (Ali Jadallah/Anadolu Agency/Getty Images)Oct. 17, 2023 | Wounded Palestinians wait for treatment at al-Shifa Hospital in Gaza City following the al-Ahli Arab Hospital explosion. (Fatima Shbair/AP)Oct. 11, 2023 | A wounded Palestinian girl lies on a hospital bed waiting for treatment at al-Shifa Hospital in Gaza City.

Persons: Dr, Nidal Abed, Hamas –, Joe Biden, Jake Sullivan, ” Lynn Hastings, Yasser Qudih, Khan Yunis, Fatima Shbair, Israel, Ali Jadallah, Ali Mohmoud, Belal Khaled, Mustafa Hassona, Abed Khaled, Abed Zagout, Adel Hana, Hatem Moussa, MOHAMMED ABED, Khan Younis, MOHAMMED ZAANOUN, Ali Mahmoud, Hani, BASHAR TALEB, Nasser Hospital’s Organizations: Gaza Health Ministry, Associated Press, AP, Ministry of Health, United Nations, Hamas, Medical, Xinhua, Shifa, Ahli Arab Hospital, Anadolu Agency, Getty, Israeli Defense Forces, Nasser Hospital, Najjar Locations: Gaza, Israel, Egypt, Palestinian Territory, Gaza City, Khan, al, Ahli, Aqsa, Deir al, Rafah, AFP, Palestinian

☆ Opinion | The Palestinian Republic of Fear and Misinformation
▼ + stars: | 2023-10-24 | by ( Bret Stephens | ) www.nytimes.com time to read: +5 min

As with many other Palestinian journalists, Said’s primary source of income was working with foreign reporters as a “fixer,” someone who could arrange difficult meetings, translate from Arabic, show you around. Said had an independent streak and he was no fan of Yasir Arafat, which made him particularly helpful in cutting through the Palestinian Authority’s propagandistic bombast. With Said, I interviewed senior Hamas leaders in Gaza, officials in Ramallah, retired terrorists in Nablus, political dissidents in Jenin and construction workers in Hebron. The Palestinian territories, by contrast, are republics of fear — fear of the Palestinian Authority in the West Bank and of Hamas in Gaza. During the first major Israel-Hamas war, in 2008 and 2009, Palestinian groups claimed the death toll was mostly civilian, with roughly 1,400 people killed.

Persons: Said, Yasir Arafat, ”, I’ll, Gaza’s Shifa, Hani al, Agha, Israel, — Organizations: Street, Palestinian Authority, Hamas, West Bank, Palestinian Journalists Syndicate Locations: Palestinian, Gaza, Ramallah, Nablus, Jenin, Hebron, Israel, Gaza’s, Pyongyang, —

☆ US teams with Middle Eastern nations to target 'secret' Hamas investment portfolio as Israeli forces prepare for operation in Gaza
▼ + stars: | 2023-10-24 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —The United States along with some Middle Eastern nations are stepping up efforts to target a “secret” Hamas investment portfolio government officials believe to be worth up to $1 billion. To target the Hamas investment portfolio, a US official said Tuesday the Treasury Department is working with members of the Gulf Cooperation Council: Saudi Arabia, Qatar, Kuwait, Oman, Bahrain and the United Arab Emirates. The official added that the portfolio is generating significant amounts of revenue for Hamas. Hamas' armed wing, the Izz ad-Din al-Qassam Brigades destroy an Israeli forces' tank near Gaza City, Gaza on October 07. Hani Alshaer/Anadolu Agency/Getty ImagesNelson urged the Gulf nations to share more information on the parts of the Hamas financial ecosystem “vulnerable to disruption” and called on member countries to take action.

Persons: ” Brian Nelson, Hani Alshaer, Nelson, ” Nelson, ”, Wally Adeyemo, Adeyemo, FinCEN Organizations: New, New York CNN, Treasury Department, Gulf Cooperation, United, United Arab Emirates, Saudi, GCC, Treasury, Hamas, United Arab, Anadolu Agency, Getty, ”, Network Locations: New York, United States, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, United Arab, Israel, US, Riyadh, Sudan, Algeria, Turkey, United Arab Emirates, Treasury’s, Gaza City, Gaza, Europe

☆ Opinion: Uncomfortable reality for Biden
▼ + stars: | 2023-10-22 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. He didn’t live to see the allies’ victory in World War II that year or the conference in San Francisco that month that established the United Nations. But his diplomatic efforts to meet with Arab leaders came undone after a devastating explosion at a hospital in Gaza. Biden himself initially supported the US 2003 war in Iraq only to end up as the president who ordered the US pullout of Afghanistan. “This is the politics that Donald Trump’s rhetoric has wrought among his supporters in the Republican Party,” wrote Avlon.

Persons: Franklin D, Roosevelt, Joe Biden, FDR, “, ” Biden, Steve Breen, GoComics.com Biden, Seth Moulton, ”, David Petraeus, ‘, Petraeus, Moulton, Shmuel Rosner, “ Israel, Biden, David Mark, Donald Trump, Gaza Hani Almadhoun, ” Yasmine Mohammed, Will Heath, Pete Davidson, Dean Obeidallah, Davidson, ” Obeidallah, ” Wadea, Khaled, Wadea’s, Mukesh Kapila, Frida Ghitis, Nicole Hemmer, Michael, Peter Bergen, Israel, ” Bergen, “ Khaled Hroub, ’, ” Hroub, what’s, ” Jim Jordan flunks, Nick Anderson, Jim Jordan, Julian Zelizer, “ Jordan, MAGA, Trump, shutdowns, Jordan, —, ” Zelizer, ” John Avlon, Jake Tapper, Donald Trump’s, Utah Sen, Mitt Romney, Cupp, Bill Bramhall, Trump Sidney Powell, Powell “, Jennifer Rodgers, ” Clay Jones, Kenneth Chesebro, Rudy Giuliani, John Eastman, Jack Smith, Trump’s, Jill Filipovic, “ It’s, …, Don’t, Scott Stantis, David Goldblatt, Amy Bass, Mary Lou Retton, Amy Klein, Glock, homebuyers Holly Thomas, Frasier ’, Richie Hofmann, Lily Gladstone, Leonardo DiCaprio, Niro, DiCaprio, Scorsese, David Grann’s, White, Noah Berlatsky, “ Martin Scorsese, Robert De Niro Organizations: CNN, United Nations, UN, Arab, Marine Corps, Democratic, Twitter, Facebook, Republican, Capitol, United Nations Relief, Works Agency, “, NBC, New York City, World Trade, Chicago, Hamas, Tribune, Trump, Tea Party, Republican Party, GOP, Utah, Republicans, Agency, White Locations: Warm Springs , Georgia, San Francisco, United, United States, Soviet Union, United Kingdom, China, Ukraine, Israel, America, Gaza, What’s, Massachusetts, Iraq, “ Israel, Afghanistan, Iraqi, Najaf, Iran, Lebanon, ”, New, Geneva, Palestinian, Fulton County , Georgia, Hollywood, Oklahoma

BLAINE, Minn. (AP) — In blue ink on a scrap of white paper that sits on his desk, Jehad Adwan scribbles the names and ages of his wife's relatives. The family’s plight reflects the far reach of the war for Palestinian and Israeli families around the world. Political Cartoons View All 1211 ImagesFor Adwan, even the blast at a hospital in Gaza had a personal connection. Hiba, their mother and Abumousa's sister-in-law, was an architect and novelist. Among the five injured were Abumousa's other nieces and nephews, and the sister of her sister-in-law.

Persons: BLAINE, Jehad Adwan, “, ”, Fatma Abumousa, Khan Younis, Abumousa, Adwan, —, Hmaid, Yusuf, Abdelrahman, Hani, Abumousa’s, Israel, ” Adwan, Yaman, Abumousa's, hasn't, ___ Trisha Ahmed, @TrishaAhmed15 Organizations: Minnesota State University, Mankato, Adwan, Associated Press, America Statehouse News Initiative, America Locations: Minn, Minneapolis, Israel, Gaza, Palestinian, Germany, “

☆ Live updates: Israel-Hamas war rages, Biden to make Oval Office address
▼ + stars: | 2023-10-19 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +2 min

Family members told CNN that the men were transferred to a nearby hospital and died of their wounds soon after. Meanwhile, tensions are mounting in the West Bank, where Palestinians have been killed in confrontations with both Israeli forces and settlers. Hani Odeh, Qusra’s mayor, told CNN that settlers roam freely in the village under the protection of Israeli police. Odeh told CNN he watched the attack happen from his own vehicle while Israeli soldiers patrolled the street. Read more about the tense situation in the West Bank

Persons: Abed Rahim Khatib, Ibrahim Wadi, Ahmad, Hani Odeh, Ibrahim, Odeh Organizations: West Bank, CNN, Hamas, Palestinian Ministry of Health, West Locations: Palestinian Territories, Rafah, Qusra, Nablus, Israel, Gaza, Qusra’s, Territories

Family members told CNN that the men were transferred to a nearby hospital and died of their wounds soon after. Meanwhile, tensions are mounting in the West Bank, where Palestinians have been killed in confrontations with both Israeli forces and settlers. “Anyone who challenges us in Judea and Samaria will be met with huge force,” Hagari said, using the Jewish biblical names for the West Bank. Abdulrahman, 12, lost his father seven years ago when he was shot dead by Israeli settlers near Nablus. Aseel Wadi's father and brother were killed by Israeli settlers as they drove to a funeral for Palestinians killed in their West Bank community.

Persons: CNN — Ibrahim Wadi, Ahmad, Hani Odeh, Ibrahim, Odeh, Daniel Hagari, “, ” Hagari, Israel, Abu Raidi, Obaida Abu Srour, Hassan Muhannad, Moath Odesa, Abdulrahman, Rabeea, ” They’ve, Benjamin Netanyahu, Netanyahu, Itamar Ben Gvir, Bezalel Smotrich, Joe Biden, Mahmoud Abbas, Ibrahim Wadi, CNN's Becky Anderson, –, Ibrahim’s, Khitam, Aseel, CNN “, We’ve, ” Organizations: CNN, West Bank, Hamas, Palestinian Ministry of Health, Bank, United Nations, IDF, West Bank ., National, Finance, Palestinian Locations: Qusra, Nablus, Israel, Gaza, Qusra's, Qusra’s, Territories, Brig, Judea, Samaria, Odeh, Jordan, West Bank, Palestinian

☆ Opinion: The gnawing fear of knowing my Palestinian family could be killed at any moment
▼ + stars: | 2023-10-19 | by ( Opinion Hani Almadhoun | ) edition.cnn.com time to read: +6 min

He grew up in Gaza, where his family still live. Knowing my family could be killed at any moment, I live with the gnawing fear that any buzz my phone makes will be the news I fear most. I am a Palestinian American living in Annandale, Virginia, but my parents and relatives are trapped in the blockaded Gaza Strip. In this world of perpetual darkness — largely devoid of electricity, fuel, and the internet — my family has now also receded from view. And if this is not enough, our family in Gaza received a prank evacuation call last night.

Persons: Hani Almadhoun, Read, Hani, –, dispossession, Amro Organizations: United Nations Relief, Works Agency, CNN, UN, Amro Locations: Gaza, Palestinian American, Annandale , Virginia, Beit

For many Palestinian Americans, there’s a sense of helplessness and hopelessness as they struggle to hear from loved ones in Gaza. But even before this week, getting to Gaza to visit family for Palestinian Americans was a lengthy, exhausting and difficult experience, and most people who live Gaza can never leave. Unlike Israeli Americans, Palestinian Americans say they have never been afforded the opportunity to freely help their loved ones in times of crisis. Palestinian Americans say they’ve never had the option to do the same. Othman’s extended family lives in the Israeli-occupied Palestinian territory of the West Bank, but her husband’s family is in Gaza.

Persons: Laila El, Haddad, “ I’m, ” El, Mohammad AbuLughod, Deanna Othman’s, ” Othman, She'd, Abdulla, Okal's, “, Haneen Okal, they’ve, “ It’s, ”, Othman, Nahed Elrayes, Elrayes, ” Elrayes, AbuLughod, Israel —, Amirah AbuLughod, Hani Almadhoun, ” Almadhoun, ” ____ Noreen Nasir Organizations: Israel, Gaza Health Ministry, Associated Press, United Nations, AP, State Department, U.S, Palestinian, West Bank, USA Locations: Columbia , Maryland, El, Gaza, Palestinian, Israel, Milwaukee, AbuLughod, Chicago, Palestinian American, New Jersey, Egypt, Rafah, Maryland, Tel Aviv, Jaffa, New York

☆ Palestinians in fear as Israel retaliates against Hamas
▼ + stars: | 2023-10-08 | by ( Ibrahim Dahman | ) edition.cnn.com time to read: +5 min

Gaza CNN —When the Palestinian militant group Hamas launched an attack on Israel Saturday morning, Palestinians living in the besieged strip had mixed feelings. Ibrahim Dahman/CNNThose who venture out do so only to complete essential errands, or to look for their missing in the carnage of Israeli strikes. Following Hamas’ incursion, Palestinians were also barred from leaving Gaza through Erez crossing, which has become the site of a battle between Hamas and Israeli forces. ‘Panic and fear’The Gaza Strip has been almost completely cut off from the rest of the world for nearly 17 years. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: Benjamin Netanyahu, ”, Ron Dermer, CNN’s Dana Bash, Daniel Hagari, Israel, Ibrahim Dahman, Salim Hussein, Hussein, Netanyahu, Richard Hecht, ” Gazans, Hagari, Hani El, Bawab, “ Organizations: Gaza CNN, Hamas, Israel, Strategic, Israel Defense Forces, Palestinian Ministry of Health, CNN, Sunday, Human Rights Watch, Islamic Locations: Gaza, Palestinian, Israel, Sunday, Erez, Egypt

That stirred protests by Palestinian Americans and U.S. calls for a change in policy. Under the pilot, more than 5,400 Palestinian Americans have entered Israel or crossed its boundary with the West Bank, according to Interior Ministry figures. The U.S. Embassy says some Palestinian Americans have complained of being barred from travelling between Israel and the West Bank by car. Between 45,000 and 60,000 Palestinian Americans live in the West Bank, a U.S. official estimated. An Israeli official gave lower figures, saying that of 70,000 to 90,000 Palestinian Americans worldwide, 15,000 to 20,000 are West Bank residents.

Persons: Joe Biden, Amir Cohen, Benjamin, blacklists, Hani Almadhoun, Dan Williams, William Maclean Organizations: Ben, Ben Gurion International, REUTERS, Palestinian, U.S, Visa, West Bank, Islamists, Ministry, Embassy, Reuters, Thomson Locations: Israel, Ben Gurion, Lod, Tel Aviv, JERUSALEM, GAZA, Gaza, United States, U.S, Egypt, Jerusalem, Palestinian American, Washington ,

☆ Bitcoin price on the skids as investors pull money from crypto
▼ + stars: | 2023-08-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —The price of bitcoin has dropped nearly 9% since early Thursday as part of a broader sell-off of risky assets. According to CoinGlass, a cryptocurrency trading platform, $1 billion has been drained from cryptocurrencies over the past 24 hours — with bitcoin accounting for nearly half of that loss. The report sparked “a panicked reaction in the crypto market,” Hani Abuagla, senior market analyst at online broker XTB, said in a Friday note. Tesla (TSLA) also dumped a big chunk of its own bitcoin holdings last year. The crypto market has faced pressure from US regulators in recent months.

Persons: ’, CoinGlass, Thursday’s, ” Hani Abuagla, XTB, Tesla, Coinbase Organizations: London CNN, Elon, US Federal Reserve, Street, SpaceX, Securities and Exchange Commission Locations: cryptocurrencies, CoinMarketCap

☆ Bank of Japan's tweak signals a 'significant' shift toward normalization, portfolio manager says
▼ + stars: | 2023-07-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Japan's tweak signals a 'significant' shift toward normalization, portfolio manager saysHani Redha, global multi-asset portfolio manager at PineBridge Investments, says it's a move that's unlikely to be reversed "given the backdrop of inflation at the global level."

Persons: Hani Redha, it's Organizations: Email Bank, PineBridge Investments

☆ Stock Market Today: Dow Futures Edge Down—Live Updates
▼ + stars: | 2023-07-05 | by ( ) www.wsj.com time to read: +1 min

Stock futures slipped as data showed China’s services sector expanded slower than expected and investors awaited minutes from the Federal Reserve’s latest policy meeting. “It’s contributing to the loss of momentum and growth in Europe as well.”Coming up: The Fed’s minutes for its June meeting are due at 2 p.m. In recent market action:Stock futures slipped. Nasdaq-100 futures fell 0.4%. Hong Kong’s Hang Seng Index lost 1.6% and the Shanghai Composite Index fell 0.7%.

Persons: ”, Hani Redha, Jerome Powell, Brent Organizations: Federal, PineBridge Investments, Dow, Nasdaq, Nikkei, Treasury Locations: China, Europe, Shanghai

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 26, 2023. Asian shares received a boost from Chinese Premier Li Qiang saying Beijing will roll out policies to boost China's economy. But the positive market sentiment faded in early European trading, with the pan-European STOXX 600 down 0.4% by 1149 GMT (.STOXX). MSCI's Europe index (.MSER) was down 0.1%, London's FTSE 100 lost 0.3% and Germany's DAX declined 0.1% (.GDAXI). It hit a seven-month high against China's yuan as investors braced for the possibility of China doing more to support the currency.

Persons: Li Qiang, Germany's DAX, Hani Redha, Christine Lagarde, Analysts, Wagner, Vladimir Putin's, Michael Hewson, Shunichi Suzuki, Elizabeth Howcroft, Ed Osmond, Mark Heinrich Our Organizations: REUTERS, Staff LONDON, PineBridge Investments, U.S . Federal Reserve, Nasdaq, Monetary, European Central Bank, Wagner Group, CMC Markets, U.S, ECB, U.S ., Finance, Thomson Locations: Frankfurt, Germany, Europe, United States, Beijing, Russia, U.S, China

It overtook Europe's STOXX 600 (.STOXX), which is up 9%, in late May for the first time this year. In dollar terms, the STOXX 600 (.STOXXD) is still lagging, having gained 11.3% in 2023, while the euro is up 1.1%. "Relative to the U.S., European equities are looking less interesting and attractive," said Bernie Ahkong, co-chief investment officer at fund manager UBS O'Connor Global Multi-strategy Alpha. The euro zone economy was in technical recession in the first quarter, data from European statistics agency Eurostat showed last week. "But Europe looks even more unattractive than the U.S., because the temporary good data from Europe is really going to turn."

Persons: Europe's, Bernie Ahkong, UBS O'Connor, Ahkong, Geoffroy Goenen, Candriam, Graham Secker, Morgan Stanley, Hani Redha, Alex Richardson Organizations: UBS, UBS O'Connor Global, Alpha, U.S, Bank of America's, Eurostat, Barclays, Thomson Locations: U.S, Europe, China, PineBridge, United States

Prime Minister Benjamin Netanyahu alluded to Israel's calculations at work in dealing with Hamas in Gaza. "The gap between Hamas and Islamic Jihad is rooted in the fact that Hamas has a political programme and governing authority, whereas the Jihad has neither," he said. However, Israeli officials say Islamic Jihad would not be able to fire rockets without approval from Hamas. An Islamic Jihad official offered a similar line. "That's why they (Hamas) focus their attacks in the West Bank," the regional diplomat said.

☆ Sudan talks to resume in Saudi Arabia amid heavy fighting
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +5 min

You could clearly hear the tanks and the RSF were patrolling the streets more than usual," said Hani Ahmed, 28. "We only see the army in the sky but in terms of face-to-face contact we only see the RSF. ARAB LEAGUEFighting is unabated since the two sides agreed the declaration of principles to protect civilians and allow humanitarian access. Some of the worst fighting has taken place in Darfur, where a war has simmered since 2003, killing 300,000 people and displacing 2.5 million. The Darfur Bar Association, a local rights group, said at least 77 people were killed in Geneina, where fighting flared on Friday after a two-week lull.

[1/6] Britain's Prince Harry, Duke of Sussex, leaves Westminster Abbey following the coronation ceremony of Britain's King Charles and Queen Camilla, in London, Britain May 6, 2023. REUTERS/Toby Melville/PoolLONDON, May 6 (Reuters) - Prince Harry, the younger son of King Charles III, attended his father's coronation in Westminster Abbey on Saturday although he sat in the third row and did not appear on the Buckingham Palace balcony at the pinnacle of the celebration. It had been unclear until early April whether Harry, who now lives in California, would attend the historic occasion following a very public falling out with his family. In his book "Spare", published in January, Harry criticized his father, his stepmother Queen Camilla, and his brother Prince William, and accused the institution of treating he and his wife without compassion. His eldest son Archie was celebrating his fourth birthday on Saturday and Harry was thought to be keen to return as soon as possible.

"Because of higher prices, people are buying smaller amounts of groceries overall and may have become more careful not to waste food." "Despite all of that, (there are) 8% to 12% missing items on shelves," he said. "This has created a major, major issue around out-of-stock" in most of the 16 Middle Eastern countries where the company operates, he said. Laurent Thoumine, Accenture's Europe lead for retail, said supermarkets in Britain, France, Germany, Italy and Spain have had the worst stock issues. Products that are scarce in some stores include ketchup, pasta, chocolate, tea, potato chips, toothpaste and pet food, according to Nielsen IQ's Data Impact.

Some Arabs said they hoped the crisis would lead to Prime Minister Benjamin Netanyahu's political demise. Others expressed hope of more far-reaching consequences for Israel, which fought numerous wars with Arab adversaries after its establishment in 1948 and occupies land the Palestinians seek for a state. The sentiment was echoed by Mohammad Abdullatif in Syria, from which Israel captured the Golan Heights in a 1967 war. Gaza political analyst Talal Okal said the crisis had brought a sense of relief among Palestinians. "But there is also a fear, they may carry out military adventures or wars to escape the internal crisis."

☆ Analysis: Boom in European bank earnings hints at a rally with legs
▼ + stars: | 2023-02-23 | by ( Joice Alves | ) www.reuters.com time to read: +5 min

The euro zone is expected to stagnate rather than contract, while cost of borrowing is still rising. The European Central Bank's campaign to raise interest rates as it fights to bring inflation back to its 2% target has been a boon for euro zone lenders. In the meantime, euro zone lenders' earnings per share (EPS) have surged to their highest since the global financial crisis in 2008. In the United State, where the rate cycle is more advanced, there's less potential for earnings upgrades at this point, she said. Earnings euro zone banks($1 = 0.9408 euros)Reporting by Joice Alves and additional reporting by Samuel Indyk in London; editing by Amanda Cooper and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

☆ UK regional airline Flybe to wind down as rescue talks collapse
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Flybe to wind down business as rescue talks endFurther 25 jobs affectedFeb 15 (Reuters) - British regional airline Flybe will wind up its business after rescue talks fell through, its joint administrators said on Wednesday, a month after the company cancelled all flights and entered insolvency proceedings for a second time in three years. The pandemic and resulting lockdown pushed Flybe into administration for the first time in March 2020, affecting 2,400 jobs. After administrators were appointed again in late January 2023, Birmingham Headquartered Flybe made 276 workers redundant. Flybe, which operated flights on 21 routes to 17 destinations across the UK and Europe, said a further 25 jobs would now be affected. Lufthansa declined to comment on the matter on Wednesday, while Air France-KLM did not immediately respond to a request for comment.

☆ Britain's 2022 car production hits over six-decade low
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +1 min

SMMT, an automotive trade association in the UK, said 775,014 cars were made in Britain in 2022. UK factories, however, produced a record 234,066 battery electric vehicles (BEV), plug-in hybrid and hybrid electric vehicles, with combined volumes rising 4.5% year-on-year to account for almost a third of the overall car output. "These (total) figures reflect just how tough 2022 was for UK car manufacturing, though we still made more electric vehicles than ever before," SMMT Chief Executive Mike Hawes said. Total annual output for the domestic UK market rose 9.4%, while exports dropped 14%. In December, the overall car production fell 17.9% over the year earlier, snapping two straight months of growth in output.

Global stocks rallied and the dollar dropped. The upbeat market momentum continued on Monday, with Asian stocks up after China reopened its borders, bolstering the outlook for the global economy. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose to its highest in more than six months. Redha said that there was "over-excitement" in the market reaction to the U.S. jobs data, and that more wage data would be needed. Emerging market stocks (.MSCIEF) were up 2.4% on the day, and have risen by more than 20% since their October lows.

Search resuls for: "Hani"

25 mentions found