Author: whatnews

United Nations, Jan 2 (IANS) UN Secretary-General Antonio Guterres has welcomed the announcement of a six-month cease-fire between the Colombian government and five armed groups.Colombian President Gustavo Petro announced on New Year’s Eve bilateral cease-fire agreements with five rebel groups from January 1 to June 30, 2023, which he said are extendable depending on the progress of negotiations, Xinhua news agency reported.The cease-fire is a development that brings renewed hope for comprehensive peace to the Colombian people as the New Year dawns, said Stephane Dujarric, Guterres’ spokesman, in a statement on Sunday.”The Secretary-General trusts that adherence to these commitments will…

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As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest ever liquefied natural gas (LNG) deals with Qatar at the staggering amount of US$ 60 billion. The conclusion of this accord is generally seen as a significant coup for China, which managed to beat other EU countries – like Germany – in the race to secure natural gas and reduce the effects of energy shortages because of the war in Ukraine. QatarEnergy has signed an…

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Twitter Inc. was accused of not paying its rent in a lawsuit filed by the landlord for one of its offices in San Francisco. The landlord, Columbia Reit-650 California LLC, alleges that the social-media company has failed to pay $136,260 of rent due on the office space at 650 California St., according to the lawsuit filed Thursday. Source link

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Most technical data points, such as FPIs’ long-short ratio, current price setup, and India VIX, among others, indicate the correction is not yet over. However, a move above 18,500 by Nifty would reverse the bearishness, according to technical analysts. , , , , and are some of the stocks that look better on charts, said analysts. ASHISH CHATURMOHTA HEAD OF RESEARCH, SERVICES Where is Nifty headed this week? On the downside, Nifty has immediate support at 17,950; breaking below will see a test of the recent low of 17,774 which will act as support. India’s VIX has come down to…

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The outlook for equity markets in 2023 is uncertain but investors could still make money in specific stocks, said analysts. ET spoke to five brokerages for their top stock picks of 2023: Securities INDIAN OIL CORPORATION LTP: Rs 76.5 Target: Rs 100 is likely to benefit the most among its peers from an uptick in refining margin, further supported by robust petchem margin in the near term. BHARAT FORGE LTP: Rs 879.5 Target: Rs 928 Its forging business is benefitting from China+1 and EU+1 strategy globally. Government’s initiative to enhance local manufacturing through the PLI schemes and mission of Atma…

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Tesla shares have fallen so far, so fast that some individual investors are piling in, seeing a chance to pick up what was once Wall Street’s highest flying stock on the cheap. But would-be bargain hunters may want to take a closer look. Even after this year’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 has left it with stock-market value of $389 billion, more than Toyota Motor Corp., General Motors, Stellantis NV and Ford Motor. combined. And the shares still trade at a higher valuation relative to expected earnings than most major technology giants, showing…

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It was the best of times, the worst of times. Charles Dickens’ words may apply to 2023, the year ahead. Maybe the world will see the breakout of peace in Ukraine, the taming of inflation, lowering of interest rates globally and, hence, a fabulous stock market boom. On the other hand, maybe the Ukraine war will escalate, inflation will surge again, and a deep global recession will send stock markets crashing. Rarely has the coming year been so uncertain. I am a qualified optimist. I think the chances of a happy ending are higher than chances of continuing attrition or…

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Convicted former hedge-fund manager and pharmacy company executive Martin Shkreli has some advice for Sam Bankman-Fried about serving jail time. Namely, shave your head, deepen your voice and listen to lots of rap music. Shkreli, the so-called “pharma bro” who was released from prison earlier this year after serving five years for a case involving defrauding investors, offered the tips when he recently appeared on Laura Shin’s podcast “Unchained.” Crypto executive Bankman-Fried, or SBF as he’s known, is awaiting trial on fraud and criminal charges following the collapse of his FTX exchange. Following his extradition from the Bahamas to the…

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Two weeks after Consumer Reports issued a study about potentially risky levels of heavy metals in several brands of dark-chocolate bars, a New York man has filed a proposed class-action lawsuit against the Hershey Company HSY, -0.72%, the prominent candy manufacturer. Christopher Lazazzaro, the plaintiff in the case, said he would have avoided purchasing certain Hershey products or not paid as much for them if the company had revealed the metal content in them, according to reports. The Hershey products specifically mentioned included Hershey’s Special Dark Mildly Sweet Chocolate, Lily’s Extra Dark Chocolate 70% Cocoa and Lily’s Extreme Dark Chocolate…

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Tripoli, Jan 2 (IANS) The Libyan authorities have said that 18 unidentified bodies were discovered in the northern coastal city of Sirte.The 18 bodies were found in the Sabaa area of Sirte last week and transferred to a hospital in the city, the General Authority for Research and Identification of Missing Persons said in a statement on Sunday.Samples were collected from the bodies and taken to laboratories for analysis, the statement added.In October 2022, the Libyan authority announced the discovery of 42 unidentified bodies in mass graves inside a school yard in Sirte, Xinhua news agency reported.Sirte, located nearly 450…

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