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Putin invokes Stalingrad to predict victory over ‘new Nazism’ in Ukraine

Russian President speaks in Volgograd 80 years have passed since the Soviet victory at Stalingrad Putin draws a parallel with the Russian campaign in Ukraine This content was produced in Russia, where law restricts coverage of Russian military operations in Ukraine. VOLGOGRAD, Russia, Feb 2 (Reuters) – President Vladimir Putin evoked the spirit of the … Read more

US weekly jobless claims fall to nine-month low; productivity speeds up

Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month … Read more

ChatGPT sets record for fastest growing user base – analyst note

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million … Read more

Russia advances in eastern Ukraine, strike on apartments kills civilians

Russian strike destroys apartment building; 3 dead – civil servants Zelenskiy paints a grim picture of the Russian offensive in the East Zelenskiy promises more anti-corruption measures New Russian offensive could start on February 24 – Ukrainian minister KYIV, Feb 2 (Reuters) – The battle on the front lines in eastern Ukraine “has grown more … Read more

Philippines grants US better access to bases amid China concerns

Philippines and USA agree to add four locations under EDCA Deal comes amid South China Sea tensions over Taiwan EDCA allows US access to Philippine military bases MANILA, Feb 2 (Reuters) – The Philippines has granted the United States expanded access to its military bases, its defense chiefs said on Thursday, amid growing concerns over … Read more

Adani market losses snowball to $100 billion on stock sale suspended

NEW DELHI, Feb 2 (Reuters) – Shares of Indian group Adani fell on Thursday after market turmoil forced the conglomerate to scrap a crucial $2.5 billion share offering, deepening its market losses to over $100 billion and raising concerns about the potential systemic impact. The withdrawal from the sale of Adani Enterprises (ADEL.NS) shares marked … Read more

Honda will start producing a new hydrogen fuel cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it would start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and increase gradually its sales this decade, into an offer to develop its hydrogen activity. Honda will target annual sales of around 2,000 units of … Read more

Airbus and Qatar Airways settle bitter dispute over A350s

PARIS, Feb 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over grounded A350 planes, the airlines said on Wednesday, avoiding a potentially damaging lawsuit in the UK after an 18-year dispute. month that tore the lid. out of the global jet aircraft market. The “amicable and mutually acceptable settlement” ends a … Read more

Wall Street rallies as Fed chief Powell speaks after rate hike

Feb 1 (Reuters) – The S&P 500 and Nasdaq rallied to higher closes on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation was starting to subside after a U.S. rate hike. a quarter point by the US central bank, which issued a statement that it expects “continued increases”. Wall Street’s major indexes lost … Read more

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with dwindling cash reserves and an economy weak, is preparing for a full-scale industry-price war. The company is focusing its resources on ramping up vehicle production … Read more