Author: Reuters

[ad_1] By Samia Nakhoul, Ali Sawafta and Matt Spetalnick (Reuters) – A succession of prime U.S. officers have travelled to the West Financial institution in latest weeks to fulfill with Mahmoud Abbas within the hope the 88-year-old – a spectator within the conflict between Israel and Hamas – can overhaul his unpopular Palestinian Authority sufficient to run Gaza after the battle.  An architect of the 1993 Oslo peace accords with Israel that raised hopes of Palestinian statehood, Abbas has seen his legitimacy steadily undermined by Israeli settlement constructing within the occupied West Financial institution, which he oversees. Many Palestinians now…

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[ad_1] 2/2 © Reuters. A forex supplier counts U.S. {dollars} at his store in Karachi October 8, 2008. REUTERS/Athar Hussain/Recordsdata 2/2 By Ankur Banerjee SINGAPORE (Reuters) – The greenback languished close to four-month lows on Friday, weighed by rising prospects of U.S. rate of interest cuts subsequent yr, whereas the euro and pound discovered help because the central banks there reiterated the necessity for charges to remain greater for longer. In an action-packed week for central banks, merchants discovered extra readability on when rate of interest cuts had been seemingly after Federal Reserve Chair Jerome Powell stated at Wednesday’s assembly…

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[ad_1] © Reuters. FILE PHOTO: Businessmen stroll previous heavy equipment at a building website in Tokyo’s enterprise district, Japan, January 16, 2017. REUTERS/Toru Hanai/File Picture TOKYO (Reuters) – Japan’s core equipment orders unexpectedly rose in October, climbing for a second straight month, knowledge confirmed on Thursday, however remained down year-on-year as uncertainty concerning the international financial system pared corporations’ urge for food for recent investments. Core orders, a extremely risky knowledge collection thought to be a number one indicator of capital spending within the coming six to 9 months, had been up 0.7% in October from the earlier month, Cupboard…

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[ad_1] © Reuters. FILE PHOTO: The emblem of Amazon is seen on the firm’s logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Picture By Foo Yun Chee BRUSSELS (Reuters) – Amazon (NASDAQ:) will defend its $1.4 billion buy of robotic vacuum maker iRobot (NASDAQ:) at a closed EU listening to on Dec. 18, an individual with direct information of the matter mentioned, three weeks after EU antitrust regulators mentioned the deal might squeeze out rival robotic cleaners on its on-line market. Firms often take the chance to plead their case earlier than senior officers from the European Fee…

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[ad_1] © Reuters. FILE PHOTO: Buyers have a look at garments throughout Black Friday offers at Macy’s division retailer on the Roosevelt Area mall in Backyard Metropolis, New York, U.S., November 24, 2023. REUTERS/Shannon Stapleton/File Picture By Abigail Summerville (Reuters) -An investor group consisting of Arkhouse Administration and Brigade Capital has made a $5.8 billion supply to take division retailer chain Macy’s (NYSE:) non-public, in line with an individual acquainted with the matter on Sunday. Arkhouse Administration, a real-estate centered investing agency, and Brigade Capital Administration, a worldwide asset supervisor, submitted a proposal to amass the Macy’s inventory they don’t…

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[ad_1] 2/2 © Reuters. Robert A. Wooden, Alternate Consultant of the U.S. for Particular Political Affairs within the U.N., attends a gathering about invoking Article 99 of the United Nations constitution to deal with the humanitarian disaster within the midst of battle between Israel and the Pa 2/2 By Bassam Masoud, Nidal al-Mughrabi and Michelle Nichols GAZA/CAIRO/NEW YORK (Reuters) – America stored up stress on Israel to do extra to guard Palestinian civilians throughout a fierce offensive towards Hamas militants throughout Gaza, whilst Washington vetoed a U.N. Safety Council demand for a direct ceasefire. Combating escalated and the Palestinian loss…

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[ad_1] © Reuters. Japan’s Prime Minister Fumio Kishida speaks throughout a summit dialogue, on the sidelines of the Asia-Pacific Financial Cooperation (APEC) summit, on the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File Picture By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – The US, South Korea and Japan have agreed on new initiatives to answer North Korea’s threats in our on-line world, together with satellite tv for pc launches and cryptocurrency abuses, White Home Nationwide Safety Adviser Jake Sullivan mentioned on Saturday. The nationwide safety advisers of america, South Korea and Japan met in Seoul on Saturday as Pyongyang…

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[ad_1] 2/2 © Reuters. FILE PHOTO: OpenAI emblem is seen on this illustration taken, February 3, 2023. REUTERS/Dado Ruvic/Illustration 2/2 By Muvija M and Chavi Mehta LONDON (Reuters) – Britain’s antitrust regulator stated on Friday it’s going to evaluate whether or not to launch a merger probe of Microsoft (NASDAQ:)’s multi-billion greenback partnership with ChatGPT maker OpenAI, weighing in on the U.S. software program big’s operations for a second time this yr. The evaluate will take into account whether or not the tie-up has resulted in an “acquisition of management,” the Competitors and Markets Authority (CMA) stated on Friday. It’s…

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[ad_1] © Reuters. FILE PHOTO: The emblem of Toshiba Company is displayed on the firm’s constructing in Kawasaki, Japan, April 5, 2023. REUTERS/Androniki Christodoulou/File Photograph By Miho Uranaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba (OTC:) and Rohm mentioned on Friday they’d make investments 388.3 billion yen ($2.7 billion) to collectively produce energy chips, the primary collaboration since Rohm’s participation in a $14 billion buyout of Toshiba. The newest partnership is what the Japanese business ministry has hoped for out of issues that the nation’s energy chip business is simply too fragmented to meet up with business large Infineon (OTC:)…

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[ad_1] © Reuters. FILE PHOTO: A Deliveroo rider stands beside a bicycle outdoors a McDonald’s restaurant in London, Britain, December 10, 2021. Image taken December 10, 2021. REUTERS/Might James/File Picture By Deborah Mary Sophia (Reuters) -McDonald’s is planning to open about 10,000 eating places globally by 2027, in what may very well be the fast-food big’s quickest interval of progress in its historical past, it mentioned on Wednesday. The corporate additionally laid out plans to double gross sales from its loyalty program to $45 billion and enhance the consumer base to 250 million clients by 2027. This system at the…

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