Australia

Bank of Spain says that the rate cut will have limited impact on profitability

Bank of Spain says that the rate cut will have limited impact on profitability

The negative effect of lower interest rates on the profitability of Spanish banks should be limited and compensated, at least in part, due to the increase in the volume of loans, the Bank of Spain said on Tuesday. Any downward pressure on banks’ margins would be offset, at least in part, due to a more ...

Trump hopes election results will make criminal cases go away

Trump hopes election results will make criminal cases go away

For Donald Trump, the result of Tuesday’s election is about more than winning the White House: It’s also about the future of criminal cases that put him at risk of spending time behind bars. The stakes couldn’t be higher. If Trump wins, he could exercise the broad powers of the US presidency to protect himself ...

Musk and X are the epicenter of election misinformation in the United States

Musk and X are the epicenter of election misinformation in the United States

Billionaire Elon Musk’s false or misleading claims about the US election have racked up 2 billion views on social network X this year, according to a report by the nonprofit group Center for Countering Digital Hate. The platform is also playing a critical role in enabling the spread of false informationon the hotly contested states ...

Buffett continues to reduce his stake in Apple, whose value has fallen 60% this year

Buffett continues to reduce his stake in Apple, whose value has fallen 60% this year

Berkshire Hathaway Inc.’s continued sales of Apple Inc. shares in the third quarter They left the conglomerate’s stake at a fraction of its size at the beginning of the year. Berkshire reduced its stake in the iPhone manufacturer by approximately 25% during the period, after having reduced it almost by half in the second quarter. ...

What time do the polls close tomorrow in each of the US territories?

What time do the polls close tomorrow in each of the US territories?

The next president of the United States will be elected on Tuesday, November 5. The decision is mainly between Democrat Kamala Harris and Republican Donald Trump. States are closing the polls in a staggered manner throughout the country and the results will begin to arrive shortly thereafter. At LR we bring you the summary of ...

Fox sales, profits beat estimates thanks to record political ads

Fox sales, profits beat estimates thanks to record political ads

Fox Corp. said record amount of political advertising contributed to strong sales growth and earnings in the company’s fiscal first quarter. Sales of $3.56 billion beat analysts’ forecasts of $3.37 billion for the period ending Sept. 30. Earnings of $1.45 per share after adjustments exceeded the consensus estimate of $1.15. The company, founded by Rupert ...

the mysterious and elusive millionaire who finances Donald Trump

the mysterious and elusive millionaire who finances Donald Trump

Member of one of the most powerful families in the US, Tim Mellon He lives in seclusion and never appears in public, but he is the man who has invested the most money in the presidential campaign. Narragansett Runestone is a Viking patterned rock in Rhode Island. One night he disappeared, to the dismay of ...

Volkswagen CEO says cost reduction is necessary after decades of problems

Volkswagen CEO says cost reduction is necessary after decades of problems

The cost reduction program planned by Volkswagen it is inevitable to remedy “decades of structural problems” at the German automaker, the company’s chief executive, Oliver Blume, said in an interview published Sunday. “Weak market demand in Europe and significantly lower profits from China reveal decades of structural problems at VW”Blume told the Sunday newspaper Bild ...

More than 66.7 million mail-in and early votes have already been cast in the US.

More than 66.7 million mail-in and early votes have already been cast in the US.

The United States is approaching the final stretch facing the elections that will decide the forty-seventh president. It is presumed that the fight between Kamala Harris and Donald Trump will be one of the closest in history.Now, the American Union has one of the most complex voting systems, if you will. Roughly speaking, there are ...

North Korea says it tested its latest Hwasong-19 ballistic missile on Thursday

North Korea says it tested its latest Hwasong-19 ballistic missile on Thursday

North Korean state media claimed on Friday that the missile Pyongyang launched on Thursday was the latest intercontinental ballistic missile dubbed Hwasong-19, pointing out that this was the final and complete version. North Korea conducted what appeared to be the longest ballistic missile test intercontinental as South Korea warned that Pyongyang could seek missile technology ...