Author: Press Room

Check out the companies making headlines in midday trading: Intel — Shares declined 4.2%. Earlier in the day, shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth of manufacturing contracts to Intel, Reuters said. Chinese automakers — U.S. shares of Chinese electric vehicle brands fell on the heels of their latest deliveries reports . Shares of Xpeng slid 5.8%, and Nio dropped 8.6%, while Li…

One day after Israel began halting the entry of all goods and humanitarian assistance into the Gaza Strip, Palestinians there are already feeling the effects of the sweeping measure, with prices of essential goods on the rise.“It was a complete shock,” Iman Saber, a 24-year-old nurse from northern Gaza, said of Israel’s decision on Sunday to block aid and commercial shipments.Already, said Ms. Saber, who has been living in a tent with her father, a cancer patient, and her mother and sister, prices for sugar, oil and chicken have gone up, and hopes raised by the cease-fire between Israel and…

President Trump said on social media Sunday that his administration is working toward creating a “crypto strategic reserve” that will include bitcoin and ethereum, along with lesser-known cryptocurrencies XRP, solana, and cardano. He later followed up with another post saying his planned reserve would also include bitcoin and ether, the two most popular cryptocurrencies.The announcement helped crypto prices rebound after recent sell-offs, but only for a few hours. After rising to $90,000 Monday morning, bitcoin fell to roughly $87,000, or 7.3%, by Monday afternoon. Ethereum tumbled 14.6% to $2,153. Massive price spikes in XRP, solana and cardano also fizzled, dropping…

He had two Oscars, adoring fans and four decades of acting to his credit. He won over critics, befriended celebrities and starred in scores of films watched by millions of moviegoers. But for the past two decades, Gene Hackman found solace at the end of a quiet cul-de-sac where few neighbors ever even saw him.Mr. Hackman, 95, and his wife, Betsy Arakawa, 65, who were both found dead in their home just outside Santa Fe, N.M., last week, were famous for their privacy after retiring. And the revelation that Mr. Hackman probably died nine days before the couple’s bodies were…

By Jim Bronskill The Canadian Press Posted March 3, 2025 6:13 pm 1 min read Descrease article font size Increase article font size Privacy commissioner Philippe Dufresne is seeking a Federal Court order directing the operator of the Pornhub website to comply with Canadian privacy law. Dufresne’s application comes a year after he concluded Aylo, the Montreal-based firm behind Pornhub and other pornographic sites, broke the law by allowing intimate images to be shared without direct knowledge or consent.The commissioner’s investigation of Aylo, formerly known as MindGeek, followed a complaint from a woman whose ex-boyfriend had uploaded an intimate video…

Juventus have survived a first-half scare to come back and beat lowly Hellas Verona 2-0 and move into fourth place in Serie A.Khephren Thuram, Federico Gatti and Randal Kolo Muani all had chances for Juventus in the first half on Monday night and they almost went in a goal down at halftime but Tomas Suslov’s spectacular 30-metre strike was ruled out for offside.Instead, the home side were clinical in the second period and got the all-important opener after 72 minutes.Verona had all 10 men in the penalty box but the defence left Frenchman Thuram unmarked and he elegantly stroked home…

“I think they have gradually come to realise that their longtime fiscal conservatism is problematic, and they need to really make fiscal policy more useful, make it more expansionary,” Huang said. Agreeing with this, senior economist Xu Tianchen of the Economist Intelligence Unit (EIU) said this year’s lianghui could bring about more government conversations on spending, potentially leading to more action on this front. Xu also noted China’s intent to increase funding from special treasury bonds this year. “(While) that is not within the headline budget, they represent extra fiscal firepower,” he told CNA. Reuters reported in December last year,…

Who: Real Madrid vs Atletico MadridWhat: UEFA Champions League round of 16, first leg tieWhen: Tuesday, March 4 at 9pm (20:00 GMT)Where: Santiago Bernabeu Stadium, Madrid, Spain Follow Al Jazeera’s live photo and text commentary stream. The Madrid derby takes centre stage in the Champions League round of 16, with Atletico Madrid in a commanding position to try to finally get the best of rival Real Madrid in the European competition. Real, the record 15-time European champion and current holders, have been a thorn for Atletico in the Champions League over the years, beating the city rival in two finals.…

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.Opening the taps in countries such as Saudi Arabia and Russia, which have voluntarily throttled supply to prop up prices, increases the risk that the world could soon find itself with more oil than it needs. The group said it would raise production by 2.2 million barrels a day, or around 2 percent of global demand, over many months.That would be good news for consumers, who generally benefit when energy…

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