Australia

How does "rapid intensification" make hurricanes even stronger?

How does “rapid intensification” make hurricanes even stronger?

Many hurricanes slowly gain strength as they move across the open ocean, but a series of recent hurricanes have grown from tropical storms with astonishing speed. In just one day, Hurricane Milton went from being a tropical storm to a Category 5 hurricane (the highest threshold), with winds that doubled their speed until reaching 257 ...

US futures fall slightly ahead of key inflation data

US futures fall slightly ahead of key inflation data

Stock futures pointed to a slightly softer opening for Wall Street as traders awaited inflation data that They could show whether the Federal Reserve will opt for a slower pace of interest rate cuts. S&P 500 contracts fell 0.2% after the index hit a record high on Wednesday. Ten-year Treasury yields held above 4%, near ...

Google scientists share the Nobel Prize in Chemistry for their work with proteins

Google scientists share the Nobel Prize in Chemistry for their work with proteins

Two Google DeepMind scientists shared the 2024 Nobel Prize in Chemistry with an American professor for their revolutionary research on proteins. Half of the award, worth 11 million crowns (US$1.1 million)will be divided between DeepMind CEO Demis Hassabis and John M. Jumper, a research scientist at the company, a unit of Alphabet’s Google, the Royal ...

Bolivia will militarize the border with Peru to stop the smuggling of its products

Bolivia will militarize the border with Peru to stop the smuggling of its products

The president of Bolivia, Luis Arce, told the Armed Forces this Monday to militarize the border with Peru to prevent essential products from being smuggled out of Bolivian territory. in the face of the economic crisis that the country is experiencing due to the high prices of various foods, lack of dollar liquidity and fuel ...

Russian crude oil exports will reach their highest levels in four weeks

Russian crude oil exports will reach their highest levels in four weeks

Russia’s crude oil shipments hit their highest level in three months, with more oil available for export after the country’s refineries began seasonal maintenance.The four-week average of shipments increased by about 60,000 barrels per day in the week to October 6, reaching the highest level since early July. Russian oil processing through most of September ...

Hamas launches rocket towards Tel Aviv amid new attacks after a year of war

Hamas launches rocket towards Tel Aviv amid new attacks after a year of war

Hamas fired a barrage of rockets toward Tel Aviv after Israel bombed several targets linked to the militant group in Gaza, as fighting intensified after a year of war. The Israel Defense Forces said they intercepted most of the projectiles fired from Palestinian territory on Monday, as sirens sounded across central Israel.. Two people were ...

Renta 4's wealth management business in Chile reaches US$300 million

Renta 4’s wealth management business in Chile reaches US$300 million

Financial Diary – Santiago In 2024, the Spanish bank Renta 4 decided to expand its presence in Chile by incorporating two new areas to its operations: wealth management and corporate finance. The business director for Latin America of Renta 4, Joan Gili, highlighted with DF the growth of its wealth management team, which doubled its ...

Senegal to take steps to address budget deficit after rating downgrade

Senegal to take steps to address budget deficit after rating downgrade

Senegal said it will act quickly to reduce its budget deficit after an audit that showed a fiscal and Weaker debt led Moody’s Ratings to downgrade the West African nation. The company downgraded Senegal’s long-term rating to B1 from Ba3 on Friday night after an audit launched by newly elected President Bassirou Diomaye Faye showed ...

Renfe Internacional enters the Italian Arenaways to compete with Trenitalia and Italo

Renfe Internacional enters the Italian Arenaways to compete with Trenitalia and Italo

The board of directors of Renfe Internacional, the new subsidiary of the Spanish operator that brings together all businesses abroad, has given the green light to its landing in Italy with the purchase of a relevant stake in Longitude, the holding company of the Arena family that controls the Arenaways train brand. It is a ...