(Reuters) - Air New Zealand said on Tuesday it plans to pause its Auckland to Chicago non-stop service from March 31 to Oct. 25 this year due to ongoing challenges with the availability of serviceable Rolls-Royce (OTC:RYCEY) Trent 1000 engines. The airline added that it does not expect an impact to its full-year results as...
The Hong Kong stock market has finished higher in two sessions, gathering more than 260 points or 1.5 percent along the way. The Hang Seng Index now sits just beneath the 17,875-point plateau although its expected to spin its wheels on Wednesday. The global forecast for the Asian markets suggests little movement ahead of key...
Nadeem Anjarwalla, a Binance executive facing charges in Nigeria who escaped from custody, was recently apprehended in Kenya after fleeing custody while awaiting extradition. Government sources familiar with the matter revealed that Anjarwalla’s arrest came after a concerted effort by law enforcement agencies from Nigeria and Kenya. The Kenya Police Service confirmed the arrest and indicated...
Michael Novogratz, the founder of Galaxy Digital Holdings, a prominent digital-asset financial services firm, expects Bitcoin to remain in a relatively narrow trading range in the current quarter. During a conference call following the release of Galaxy Digital’s first-quarter results, Novogratz expressed his belief that the crypto market is currently in a consolidation phase. He...
European stocks traded mixed on Wednesday ahead of the euro-zone consumer and economic sentiment data for March due out later in the day, and the all-important U.S. personal expenditure consumption data on Friday. The release of the U.S. Federal Reserve\'s favored inflation indicator along with public comments from Fed Chair Jerome Powell on Friday are...
(Reuters) - Microsoft (NASDAQ:MSFT) had named Pavan Davuluri as its new chief for Windows and Surface, The Verge reported on Monday, citing an internal memo.
After opening marginally higher, the Canadian market advanced further, and with several stocks holding gains, remains firmly placed in positive territory in early afternoon trades on Thursday. Investors are mostly reacting to quarter earnings updates. Shares from materials, communications and energy sectors are among the prominent gainers. The benchmark S&P/TSX Composite Index was up 107.98...
BlackRock, the world’s leading asset manager, announced on March 7 its decision to include spot Bitcoin exchange-traded funds (ETFs) in its popular Global Allocation Fund (MALOX) for retail investors. Its recent filing with the U.S. Securities and Exchange Commission (SEC) signaled BlackRock’s strategic shift toward cryptocurrency investments. BlackRock Global Allocation Fund Portfolio The asset manager’s...
JAKARTA - PT Petrotech Penta Nusa, a subsidiary ofPT Rukun Raharja Tbk (RAJA), planted investment of IDR 982.45 billion in the fuel oil piping project of Tanjung Batu-Samarinda. This project is expected to increase profit in the future. Djauhari Maulidi, President Director of RAJA, mentioned that Petrotech will make funding contribution worth USD 63.29 million...
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Uedas dovish remarks and incoming Prime Minister Shigeru Ishibas unexpected resistance to additional rate increases. Optimism about the U.S. economic outlook, rising bets that the Bank of Japan will forgo raising interest rates again this...