DIRS.INFO The most relevant business & tech news

☆ Bolsonaro contests Brazil election, demands votes be anulled
▼ + stars: | 2022-11-22 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

Neither explained how that might have affected election results, but said they were asking the electoral authority to invalidate all votes cast on those machines. Diego Aranha, an associate professor of systems security at Aarhus University in Denmark, who has participated in official security tests of Brazil’s electoral system, agreed. Bolsonaro spent more than a year claiming Brazil’s electronic voting system is prone to fraud, without ever presenting evidence. Brazil began using an electronic voting system in 1996 and election security experts consider such systems less secure than hand-marked paper ballots, because they leave no auditable paper trail. But Brazil’s system has been closely scrutinized by domestic and international experts who have never found evidence of it being exploited to commit fraud.

☆ Dollar pauses climb; China COVID fears mount
▼ + stars: | 2022-11-22 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, with a surge in COVID cases sparking fresh restriction measures. The offshore yuan gained 0.3% to 7.1574 per dollar in Asia trade, after falling more than 0.7% overnight. "It could just be a consolidation phase after yesterday's pretty big move up," said Capurso of the U.S. dollar. The Japanese yen last traded 0.2% higher at 141.79 per dollar, after slumping more than 1% to the weaker side of 142 per dollar in the previous session. "It's more like a cork in the ocean, subject to risk aversion as well as movements in 10-year Treasury yields."

☆ Dollar steadies as China COVID fears linger
▼ + stars: | 2022-11-22 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, with a surge in COVID cases sparking fresh restriction measures. The offshore yuan traded 0.1% higher at 7.1665 per dollar in early Asia trade on Tuesday, after falling more than 0.7% overnight. The Japanese yen slumped more than 1% to the weaker side of 142 per dollar overnight and last traded 142.01. "It's more like a cork in the ocean, subject to risk aversion as well as movements in 10-year Treasury yields." "Fed comments remained in line with the recent slant of rhetoric," said economists at ING in a note.

☆ Messi leads Argentina v Saudi Arabia in final World Cup quest
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Saudi Arabia coach Herve Renard kept captain and midfielder Salman Al-Faraj in the team after his recent recovery from a shoulder injury. Abdulelah Al-Malki will keep Saudi Arabia's first line of defence in front of the back line, alongside Al-Faraj. The Saudi team is entirely home-based, with the local league's financial clout ensuring few leading players aspire to play overseas. Following are the teams:Argentina:Emeliano Martinez, Cristian Romero, Nicolas Tagliafico Nicolas Otamendi, Nahuel Molina, Alejandro Gomez, Rodrigo De Paul, Leandro Paredes, Lionel Messi (c), Lautaro Martinez, Angel Di Maria. Saudi Arabia:Mohamed Al-Owais, Ali Al-Bulaihi, Yasser Al-Shahrani, Mohamed Kanno, Saud Abdulhamid, Abdulelah Al-Malki, Saleh Al-Shehri, Hassan Al-Tambakti, Salman Al-Faraj (c), Salem Al-Dawsari, Firas Al-Buraikan.

☆ South Korea sweat on Son ahead of opener with wildcards Uruguay
▼ + stars: | 2022-11-22 | by ( Martin Petty | ) www.reuters.com time to read: +3 min

Group H also includes Portugal and Ghana, meaning Son's unrelenting threat and firepower against an uncertain Uruguayan defence will be vital for South Korea to pick up some crucial early points by negating Uruguay's attacking flair. South Korea coach Paulo Bento has imposed a team gag order on discussing Son's state of World Cup readiness, hoping to keep Uruguay's strategists in the dark. Among 13 debutants will be Real Madrid's versatile midfielder Federico Valverde and Manchester United's Facundo Pellistri, who link up with Tottenham's in-form Rodrigo Bentancur in a midfield for which Uruguay's squad has plenty of depth. Coach Diego Alonso sees the yawning age gap as a boon and believes Uruguay could even win this World Cup, as they did in 1930 and 1950. That could be a tall order and commentators have noted frailties at the back that South Korea could exploit, particularly in the centre, while there is no word yet on whether Barcelona's Ronald Araujo is available after undergoing thigh surgery.

☆ Dollar steadies as China Covid fears linger
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: +3 min

The dollar pared some of its strong overnight gains on Tuesday after investors flocked to the safe-haven currency on nerves over China's Covid flare ups, though cautious risk sentiment kept the greenback in demand. China's capital warned on Monday that it was facing its most severe test of the Covid-19 pandemic, with a surge in Covid cases sparking fresh restriction measures. The offshore yuan traded 0.1% higher at 7.1665 per dollar in early Asia trade on Tuesday, after falling more than 0.7% overnight. The Japanese yen slumped more than 1% to the weaker side of 142 per dollar overnight and last traded 142.01. "It's more like a cork in the ocean, subject to risk aversion as well as movements in 10-year Treasury yields ."

☆ Kamala Harris’ visit to the Philippines sends China a message of US intent
▼ + stars: | 2022-11-21 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

According to the Asia Maritime Transparency Initiative, the Philippines occupies nine features in the Spratly chain while China occupies seven. In 2016, a tribunal in The Hague ruled in favor of the Philippines in a maritime dispute, concluding China has no legal basis to claim historic rights to the bulk of the South China Sea. “Philippine President Marcos appears open to the idea of pursuing pragmatic cooperation in the South China Sea, while not surrendering its long-standing position when it comes to the territorial issues in the South China Sea,” Banlaoi said. During her trip to the Philippines, Harris is expected to make a number of other announcements including tighter US cooperation with Manila on clean energy, cybersecurity, communication and agriculture. The deals show US intent in the Pacific region, but one South China Sea expert said Harris’ trip to the military base risks aggravating Beijing to the potential detriment of the Philippines.

☆ Brazil's Goldfajn elected to replace ousted IDB president
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, Nov 20 (Reuters) - The Inter-American Development Bank (IDB) said on Sunday its board of governors has elected Brazil's Ilan Goldfajn as president of the financial institution, after Mauricio Claver-Carone, the first American to lead it, was ousted over ethics violations. Headquartered in Washington, the IDB is a key investor in Latin America and the Caribbean, responsible for $23.4 billion in financial commitments in 2021 and hundreds of infrastructure, health and tourism projects. In a statement, U.S. Treasury Secretary Janet Yellen congratulated Goldfajn and said the United States stands by the IDB as the region's premier development finance institution. "We are counting on President Goldfajn to lead this organization to be an engine of change and progress for our neighbors across Latin America and the Caribbean," Yellen said. Brazil's outgoing President Jair Bolsonaro nominated Goldfajn, the former president of the country's central bank and currently the head of the International Monetary Fund's Western Hemisphere department.

Harris also plans a highly symbolic stop on the Philippine islands of Palawan in the South China Sea to show U.S. support for its ally. "So if they want American support in the South China Sea, the Americans will expect Philippine support on Taiwan." "The second Philippine demand is a continued clear commitment to defend Filipinos in the South China Sea," Poling said. If there was a Chinese attack on a Philippine base in the South China Sea tomorrow, could the Americans actually do anything about it? China claims 90% of the South China Sea as its sovereign territory, but is opposed by five Southeast Asian states and Taiwan.

☆ With Philippines visit VP Harris seeks to reset relations
▼ + stars: | 2022-11-20 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +6 min

REBUILDING TIESThe visit by Harris will be the highest-level trip to the Philippines by an administration official and marks a sharp turnaround in relations. With Marcos in office, the Biden administration is attempting a reset. China claims 90% of the South China Sea as its sovereign territory, but is opposed by five Southeast Asian states and Taiwan. Arsenio Andolong, a Philippine defense department spokesman, told Reuters there is no reason for China to fear Harris' visit. A senior Biden administration official offered a different summary.

☆ U.S. Vice President Harris to affirm defense commitment to Philippines
▼ + stars: | 2022-11-20 | by ( Karen Lema | ) www.reuters.com time to read: +3 min

MANILA, Nov 21 (Reuters) - U.S. Vice President Kamala Harris will reaffirm American commitments to the defence of the Philippines when she meets with President Ferdinand Marcos Jr. in Manila on Monday, a senior U.S. administration official said. "The vice president will underscore our commitment to stand up for the international rules and norms because we recognise the impact that that has on Philippine lives and livelihoods," the U.S. official said. "The vice president will tell President Marcos that we are pleased to see our security ties in such strong position," the U.S. official said. Washington and the Philippines have moved ahead with an Enhanced Defense Cooperation Agreement (EDCA) that dates back to the Obama administration and that languished under Duterte. Last week, Philippine military chief Bartolome Bacarro said the United States had proposed including five more bases in the EDCA, including one in Palawan.

☆ Senegal reform implementation slower than expected - IMF staff
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

Nov 16 (Reuters) - Senegal has made "significant progress" in implementing structural reforms but those have come at a slower pace than anticipated, the International Monetary Fund's staff said on Wednesday. Performance of the reform program was "broadly satisfactory" and "the economy should rebound in 2023 with a strong pickup in growth to 8.3% on the back of a temporary boost from oil and gas production and absent further escalation of the war in Ukraine," Edward Gemayel, leader of the IMF mission to Senegal, said in a statement. He added that delays in payments of a cash transfer scheme for the poorest households should be addressed urgently, and that it is important for authorities to "convincingly commit" to start phasing out energy subsidies in 2023 and unwind them by 2025. Reporting by Rodrigo Campos; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

However, Biden said the weapon was probably not fired by Russia, although the investigation was ongoing. According to U.S. officials, initial findings suggested that the missile that hit Poland had been fired by Ukrainian forces at an incoming Russian missile, the Associated Press said. "Right now, it's a bit of a tussle in the market as to how to price this risk," he added. Risk-sensitive Antipodean currencies recovered from earlier declines with Australian dollar last up 0.19% at $0.67685, while the kiwi was flat at $0.6158. "The currency market is stabilising, toying with the notion that this ... doesn't necessarily imply an escalation in the war, with NATO needing to get involved," said Rodrigo Catril, a senior currency strategist at National Australia Bank.

☆ Reactions to Trump announcing 2024 White House bid
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +5 min

SINGAPORE, Nov 16 (Reuters) - Donald Trump's aides filed paperwork for his 2024 White House bid on Tuesday as the former president launched a run to regain the title, aiming to pre-empt potential Republican rivals. Republicans are meanwhile closing in on the 218 seats they need to take a majority in the 435-seat House of Representatives. COMMENTS:ANTHONY SCARAMUCCI, FOUNDER, SKYBRIDGE CAPITAL, SINGAPORE (FORMER WHITE HOUSE COMMUNICATIONS DIRECTOR)"You know how you have a zombie that you can’t kill, like in the Night of the Walking Dead? If any one of those other candidates can present themselves with some of the Trump messaging without the Trump drama, there might be opportunities." Neil Young said 'it's better to burn out than fade away'...feels like Trump will go down this time with little glory."

TOKYO, Nov 16 (Reuters) - The safe-haven U.S. dollar firmed in volatile trading on Wednesday as markets took stock of geopolitical risks following news of a Russian-made rocket striking NATO-member Poland. Russia denied it was responsible for the explosion but the report sparked turbulent trading overnight as fears of the war in Ukraine spilling over to its neighbors rattled investors. "The market is trying to size up the risk and what that really means," said Moh Siong Sim, currency strategist at Bank of Singapore. "Right now, it's a bit of a tussle in the market as to how to price this risk," he added. Risk-sensitive Antipodean currencies slipped, with Australian dollar down 0.09% versus the greenback at $0.675, while the kiwi fell 0.23% to $0.614.

☆ Safe-haven dollar gains as traders assess risks from Poland
▼ + stars: | 2022-11-16 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

TOKYO, Nov 16 (Reuters) - The safe-haven U.S. dollar edged higher against major peers on Wednesday as markets continued to assess news of a Russian-made rocket striking NATO-member Poland, and whether it could lead to an escalation of the Ukraine war. Poland has since said that the deaths were due to a Russian-made rocket, and that it is weighing whether to request consultations with allies under Article 4 of the NATO treaty. The U.S. dollar index , which measures the currency against six peers and weights the euro most heavily, rose 0.19% to 106.63. The dollar added 0.12% to 139.47 yen , and was 0.19% higher at 7.0544 yuan in offshore trading . The Aussie fell 0.24% to $0.6740 and the New Zealand dollar dropped 0.41% to $0.6132.

#TaylorSwiftTix” one fan wrote, echoing the frustration of thousands of “Swifties,” the nickname for diehard Swift fans, vying to see their favorite artist in her first concert tour since before the pandemic. Backlash against the ticketing companies has also grown: When a major artist announces a tour, fans inevitably complain on social media about Ticketmaster’s high fees and unchecked scalping. Users shared screenshots of emails from Ticketmaster that said “Your invitation to TaylorSwiftTix Presale powered by Verified Fan.” “You’ve been selected!” the email reads. As for the Swift ticket sales chaos on Tuesday, Ticketmaster urged fans on Twitter to avoid going through its homepage to get tickets. "If you received a code to the TaylorSwiftTix Presale, please login and access the queue through the link you received via text rather than entering through the Ticketmaster homepage," Ticketmaster tweeted.

☆ Exclusive: Kamala Harris to visit Philippine island at edge of South China Sea dispute
▼ + stars: | 2022-11-15 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +2 min

The visit, scheduled for next Tuesday, will make Harris the highest-ranking American official to visit the island chain adjacent to the Spratly Islands. Beijing claims some territories in the waters off Palawan and much of the South China Sea as part of China, citing domestic historical maps. Harris' trip marks her second to Asia in three months and follows Biden's week-long trip to the region. The Harris trip also includes a stop in Thailand for the Asia-Pacific Economic Cooperation leaders meeting. During her last trip to the region, Harris accused China of actions to "coerce and intimidate" neighbors.

[1/2] FILE PHOTO:Brazilian President-elect Luiz Inacio Lula da Silva cries while speaking during a meeting with members of the government transition team in Brasilia, Brazil November 10, 2022. REUTERS/Ueslei Marcelino REUTERSBRASILIA, Nov 15 (Reuters) - A dust-up among aides to Brazil's president-elect over the country's choice to lead the Inter-American Development Bank (IDB) is fueling concern that hardcore leftists on his team are eclipsing the influence of more market-friendly moderates. As his transition team begins its work ahead of the Jan. 1 inauguration, investors are wondering which group will be more influential in steering the two-term former president's economic policy. His appointment as coordinator of Lula's transition team was seen as good news for those hoping for market-friendly policies. SEEKING TO PLEASEInvestor concern about Lula's economic plans has been growing since last week.

☆ Dollar rebounds as Fed officials say hikes to continue; yen slumps
▼ + stars: | 2022-11-15 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The dollar index , which measures the currency against six counterparts including the yen, euro and sterling, edged 0.03% higher to 107.00 early in the Asian day. The index held onto gains made on Monday when it rebounded from a three-month low of 106.27 hit on Friday. The dollar gained 0.34% to 140.40 yen , adding to its 0.84% overnight rebound from a 2 1/2-month low of 138.46. The euro was little changed at $1.03215 following its retreat from a three-month high of $1.0364. The offshore Chinese yuan was little changed at 7.0461 per dollar, after hitting a more than five-week high of 7.0200 in the previous session.

☆ Spain at the 2022 World Cup: who is in Luis Enrique's 26-man squad?
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +4 min

Nov 14 (Reuters) - Spain are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. WHO IS IN SPAIN'S WORLD CUP 2022 SQUAD? * Defenders: Jordi Alba (Barcelona), Nacho Monreal (Arsenal), Alvaro Odriozola (Real Sociedad), Nacho Fernandez (Real Madrid), Dani Carvajal (Real Madrid), Gerard Pique (Barcelona), Sergio Ramos (Real Madrid), Cesar Azpilicueta (Chelsea). * Midfielders: Sergio Busquets (Barcelona), Isco (Real Madrid), Thiago Alcantara (Bayern Munich), David Silva (Manchester City), Andres Iniesta (Barcelona), Saul Niguez (Atletico Madrid), Koke (Atletico Madrid). * Forwards: Marco Asensio (Real Madrid), Iago Aspas (Celta Vigo), Diego Costa (Atletico Madrid), Rodrigo Moreno (Valencia), Lucas Vazquez (Real Madrid).

☆ Argentina at the 2022 World Cup: who is in Lionel Scaloni's 26-man squad?
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +4 min

* Teams will be able to select up to 26 players for this year's World Cup after FIFA increased the maximum limit for squads by three in June, citing the unusual timing of the tournament as well as the impact of COVID-19. Who is in Argentina's World Cup 2022 squad? * Manchester United winger Alejandro Garnacho, 18, who has made seven appearances for the club this season, misses out. What was Argentina's squad at the 2018 World Cup? * Forwards: Lionel Messi (Barcelona), Gonzalo Higuain (Juventus), Paulo Dybala (Juventus), Sergio Aguero (Manchester City).

☆ Trump-backed Mastriano concedes in Pennsylvania governor race
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 13 (Reuters) - Republican Doug Mastriano conceded defeat on Sunday in his run for Pennsylvania's governorship in a statement that contrasted with the far-right candidate's sharp, divisive rhetoric during the race. "Josh Shapiro will be our next Governor, and I ask everyone to give him the opportunity to lead and pray that he leads well," Mastriano said in a statement posted on his Twitter feed. In his page-long message, Mastriano also thanked his wife and followers and pledged to work on election reform for Pennsylvania from his seat in the state Senate. Mastriano attended Trump's rally in Washington on Jan. 6, 2021 that preceded an attack on the U.S. Capitol. The governor race was called for Shapiro on November 8.

☆ FTX collapse being scrutinized by Bahamas authorities
▼ + stars: | 2022-11-13 | by ( Jasper Ward | ) www.reuters.com time to read: +4 min

[1/3] The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco BelloNASSAU, Bahamas, Nov 13 (Reuters) - The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any "criminal misconduct occurred," the Royal Bahamas Police said on Sunday. Bankman-Fried had transferred $10 billion of customer funds to his trading company, Alameda Research, the sources said. Blockchain analytics firm Nansen said on Saturday it saw $659 million in outflows from FTX International and FTX U.S. in the preceding 24 hours. In its bankruptcy petition, FTX Trading said it has $10 billion to $50 billion in assets, $10 billion to $50 billion in liabilities, and more than 100,000 creditors.

Nov 13 (Reuters) - A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected. Democrats held onto control of the U.S. Senate, extinguishing hopes of the "red wave" that Republicans had expected leading into the midterm elections. As of early Sunday, Republicans had won 211 seats and the Democrats 205, with 218 needed for a majority. Wall Street tends to view split government favorably, in part because some investors believe it makes major policy changes more difficult to achieve. Still, "Federal Reserve policy, rather than fiscal policy, will remain the main driver of markets in our view," they said.

Search resuls for: "rodrigo"

25 mentions found