Page 58 - Gb News Today

QGB, LIMA, BDB, Muhamad Iqbal Mohamad

British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a rebound in China but continued weakness in the United States sent its shares down sharply.

A Lebanese judge overseeing a local case against central bank chief Riad Salameh has rejected a set of defence arguments presented by his lawyers, clearing the way for a June 15 hearing, a senior judicial source told Reuters on Thursday.

Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state to "protect Montanans" from alleged Chinese surveillance, making it the first U.S. state to ban the popular short video app.

A look at the day ahead in European and global markets from Kevin Buckland

International Distributions Services is targeting a return to profit this financial year after its UK business Royal Mail made a 1 billion pound ($1.26 billion) loss last year, partly the result of strikes in a long-running pay dispute.

A look at the day ahead in U.S. and global markets from Naomi Rovnick

Eighty-seven thousand new IRS agents — that’s one of the all-important issues that President Biden wants to fix with his inflated budget proposal.

Global venture capital funding for clean energy startups jumped to $12.3 billion last year, up from $1.9 billion in 2019, propelled by investment in battery technology and new government subsidy schemes in the United States and Europe, new data shows.

South Africa will auction at least 10 new onshore blocks for shale gas exploration in the environmentally sensitive Karoo region, a government official told Reuters, as the country eyes alternative energy sources to ease its worst-ever power crisis.