U.S. new home sales unexpectedly fell in November, driven by a sharp decline in the South and suggesting a bumpy road to housing market recovery. Purchases of new single-family homes decreased 12.2% at an annual rate of 590,000 last month, a one-year low, government figures showed on Friday. The median forecast in a Bloomberg survey ...
Recently loaded liquefied natural gas shipments from the U.S. bound for Asia are changing course for longer voyages lasting more than a month while avoiding the Red Sea, according to ship tracking data on Bloomberg. The detours highlight a change in the global trade flows after Houthi attacks on the crucial waterway forced hundreds of ...
India’s exports face a decline of between $4 billion and $5 billion this year after the restrictions imposed on wheat, rice and sugar tradesaid a person familiar with the matter on Thursday, adding that the Red Sea attacks could also affect shipments of basmati rice. India, the world’s second largest producer of wheat, rice and ...
The number of Americans filing new claims for unemployment benefits rose slightly last week, suggesting underlying strength in the economy at the end of the year. The number of initial claims for state unemployment benefits increased by 2,000 to a seasonally adjusted 205,000 in the week ended Dec. 16, the Labor Department reported Thursday. Economists ...
An American computer scientist on Wednesday lost his bid to register patents on inventions created by his artificial intelligence (AI) system, in a landmark case in the United Kingdom over whether AI can hold patent rights. Stephen Thaler wanted to be granted two UK patents on inventions which he claimed were devised by his “creativity ...
A judge of Brazil’s Supreme Federal Court suspended a fine of 10.3 billion reais (US$2.1 billion) on J&F, the company that controls the largest refrigerator in the worldJBS, according to a decision seen by Reuters on Wednesday. The court’s decision was not made public and The court did not immediately respond to requests for comment. ...
Manzana announced Monday that it will suspend sales of its Series 9 and Ultra 2 smartwatches in the United States starting this week, while it resolves patent litigation over the technology that enables blood oxygen sensor functionality in the devices. The measure comes after the United States International Trade Commission (ITC) issued an order in ...
The Argentine Government decreed authorization to issue public debt instruments for up to two billion pesos (about 2,497 million dollars) to meet short-term obligations, as announced on Monday in the Official Gazette. The measure is “to face the issues that are carried out during the current financial year, whose maturity occurs in 2024 and whose ...
The Government has approved today in the Council of Ministers that the State Society of Industrial Participations, Sepi, buy 10% of Telefónica. “With a vocation for permanence, Sepi’s participation will provide Telefónica with greater shareholder stability for the company to achieve its objectives and, therefore, will contribute to the safeguarding of its strategic capabilities,” says ...
On Monday, December 18, the Cabinet Council of Panama approved the modifications to the draft general budget of the Nation with fiscal validity of 2024. A week ago the minister of economy of this countryHéctor Alexander, had announced this result. The new budget now amounts to US$30.69 billion. The previous project presented to the Assembly ...
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