November 7, 2024
Headlines

June 2023

Brazil’s cenbank did not participate in govt’s consumer debt renegotiation program design

Reuters03 mins

BRASILIA (Reuters) – Brazil’s central bank abstained from involvement in developing the government’s comprehensive consumer debt renegotiation program unveiled on Monday, two central bank directors said on Tuesday. Speaking at a news conference, Renato Gomes, the director of the financial system organization, said that policymakers solely furnished information without actively contributing to the program’s design….

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Pirelli CEO wants to limit Chinese influence on tyremaker-WSJ

Reuters02 mins

ROME (Reuters) – The long-serving chief executive of Pirelli has warned that the tyremaker’s independence is at stake because of the growing influence of its Chinese shareholder Sinochem, the Wall Street Journal reported. Pirelli CEO Marco Tronchetti Provera told government officials in Rome on Tuesday that Sinochem was trying to interfere with Pirelli’s management in…

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OpenAI CEO has no IPO plan due to ‘strange’ company structure

Reuters05 mins

By Supantha Mukherjee STOCKHOLM (Reuters) – Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time soon, Chief Executive Sam Altman said at a conference in Abu Dhabi. “When we develop super intelligence, we are likely to make some decisions that most investors would look at very strangely,” Altman said. “I…

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Iran presents its first hypersonic ballistic missile, state media reports

Reuters04 mins

By Parisa Hafezi DUBAI (Reuters) -Iran presented what officials described as its first domestically-made hypersonic ballistic missile on Tuesday, the official IRNA news agency reported, an announcement likely to heighten Western concerns about Tehran’s missile capabilities. Iranian state media published pictures of the missile named Fattah at a ceremony attended by President Ebrahim Rahisi and…

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Five nations elected to U.N. Security Council, but Belarus denied

Reuters03 mins

UNITED NATIONS (Reuters) – The United Nations General Assembly elected Algeria, Guyana, Sierra Leone, Slovenia and South Korea to the U.N. Security Council on Tuesday for two-year terms starting on Jan. 1, 2024, while Belarus – allied with Russia in its invasion of Ukraine – was denied a spot. Algeria, Guyana, Sierra Leone and South…

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Hollywood actors authorize strike as writers still out

Reuters04 mins

By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s actors union voted to authorize a strike if contract talks break down, turning up the heat on major film and television studios already grappling with a monthlong work stoppage by writers. After voting closed on Monday, SAG-AFTRA said 97.91% of ballots cast supported a strike authorization. Nearly 65,000…

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