Business
Dutch privacy watchdog recommends government organisations stop using Facebook
AMSTERDAM (Reuters) - The Dutch privacy watchdog AP on Friday said it was recommending that government organizations should stop using Facebook as long as it is unclear what happens with personal data of users of the government's Facebook pages. ...
US equity funds see sharp outflows as investors brace for extended high rates
(Reuters) - U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy. Conflict escalation in the Middle East ...
Warner Bros CEO pay rose nearly 27% in 2023
(Reuters) - Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday. (Reporting by Harshita Mary Varghese; Editing by Ravi ...
Nigerian court adjourns Binance and executives' tax evasion trial to May 17
By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency exchange Binance and two of its executives to May 17 after the matter was stalled because the exchange has not been formally served ...
Sub-Saharan Africa incomes falling further behind rest of world, says IMF
By Rachel Savage and Karin Strohecker JOHANNESBURG/WASHINGTON (Reuters) - Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) said on Friday, ...
'A more sociable thing': St. John's business Tee Box Indoor Golf moves locations, adds mini-golf and bar area
When Danny Fellingham opened Tee Box Indoor Golf four years ago on Stavanger Drive, he was surprised a business like this one didn't already exist. "When I lived in Edmonton, I used to play indoor golf, and when I moved I noticed there wasn’t any, ...
Archer Aviation aims to start electric air taxi trials in India next year
By Aditi Shah NEW DELHI (Reuters) - Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told Reuters on ...
Escalating Middle East tensions a fresh jolt to world markets
By Lucy Raitano and Dhara Ranasinghe LONDON (Reuters) - Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction ...
Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline
By Manya Saini and Jaiveer Shekhawat (Reuters) -U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington ...
Global equity funds see surge in outflows as rate cut hopes fade
(Reuters) - Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened investor sentiment. Outflows were also fuelled by escalating geopolitical ...