Posts by Rolling Stone British
Europe: Shares log third week of declines on China, tariff jitters
EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump presidency hurting economic growth. The pan-European Stoxx 600 closed down 0.6 per cent, with China-exposed sectors such as miners and luxury losing more than…
Read MoreOil settles down 2% on receding hurricane risk, lacklustre China stimulus
OIL prices settled more than 2 per cent lower on Friday (Nov 8) as traders grew less fearful of prolonged supply disruptions from a hurricane in the US Gulf of Mexico, while China’s latest economic-stimulus packages failed to impress some oil traders. US West Texas Intermediate futures led the decline and settled at 70.35 per…
Read MoreGold logs biggest weekly fall in over five months on dollar strength
GOLD prices dropped on Friday (Nov 9), logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s victory and its potential impact on US interest rate expectations. Spot gold fell 0.8 per cent to US$2,684.03 per ounce as of 1.40 pm ET…
Read MoreDollar on track for weekly gain after Trump election win
THE dollar rose on Friday (Nov 8) and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as US president. Analysts expect Trump’s policy proposals – including more trade tariffs, a clampdown on illegal immigration, lower taxes and business deregulation –…
Read MoreOpenAI’s ChatGPT back up after brief outage
MICROSOFT-backed OpenAI popular chatbot ChatGPT was back up after an outage affected thousands of users, the company said on Friday (Nov 8). “Issues with ChatGPT have now been resolved,” OpenAI said in a statement on its website. Access was restored to most users by 4.34pm PT (0034 GMT on Saturday), OpenAI said, adding that a…
Read MoreSingapore’s DBS eyes Malaysian bank stakes in expansion push, sources say
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including in one of Malaysia’s smallest banks by assets, two sources said. DBS is exploring a purchase of Singapore state investor Temasek’s 29.1 per cent stake in Alliance Bank Malaysia, said the two sources…
Read MoreBain said to near deal to acquire Blackstone’s Avery Lodge
BAIN Capital is nearing a deal to acquire Blackstone’s Singapore worker dormitory firm Avery Lodge after outbidding other rival private equity firms, according to people familiar with the matter. The US-based investment firms are hammering out the details of a transaction that could be agreed as soon as the coming days, the people said, asking…
Read MoreGlobal PR Firm Edelman Appoints Rakesh Thukral as New Asia Pacific CEO
Edelman has appointed Rakesh Thukral as its new CEO for Asia-Pacific operations, taking over from Warren Fernandez, who is stepping down to pursue a new role in public policy. Fernandez will remain with Edelman through the year to support the transition, with Thukral’s appointment effective immediately. Reflecting on Fernandez’s departure, Ed Williams, President of Edelman…
Read MoreLA Teacher Accused of Engaging in Sexual Intercourse with 13-Year-Old Student in Her Car, Providing Marijuana to Minors
A Los Angeles special education teacher was arrested on Thursday, Nov. 7, over accusations that she provided several minors with drugs and also had sex with a 13-year-old student in her car. Police have stated that there may be additional victims. The LAPD announced that Colleen Jo Matarico, 43, of Valley Village, was arrested and…
Read MoreBhad Bhabie’s Mother Confirms Rapper Is Battling Cancer after Fans Show Concern Over Her Weight Loss Amid Claims She Is ‘Faking It’
Bhad Bhabie’s mother Barbara Ann Bregoli has confirmed that her daughter is battling cancer. This announcement comes after the rapper and OnlyFans model, 21, raised concern among millions of her fans about her health lately after she shared with them on Thursday that she was taking “cancer medicine.” In an expletive-ridden video posted on Instagram…
Read MoreWho Was Anthony Nephew? Minnesota Man Kills Wife, Ex and Two Children in Tragic Murder Suicide as His Mental Health Struggles Are Revealed
A man killed his wife, ex-partner, and two sons in a tragic murder-suicide. Anthony Nephew, 46, was found dead from a self-inflicted gunshot wound in his home on West 6th Street in Duluth, Minnesota, on Thursday afternoon. Three years before his death, he had openly discussed the mental health crisis in the United States, cautioning…
Read MoreIndia vs South Africa Live Streaming: How to Watch the 1st T20I Match in the US, UK and India
South Africa and India are set to face off in a four-match T20I series starting Friday, November 8, at Kingsmead Stadium in Durban. This matchup is their first since the 2024 T20 World Cup final in Barbados, where India triumphed. The Men in Blue have seen a major overhaul following the retirements of Rohit Sharma…
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