By Mary Milliken LOS ANGELES (Reuters) – Just weeks after his death at the age of 91, renowned music producer and composer Quincy Jones was bestowed with an honorary Oscar by Hollywood’s film academy at a gala on Sunday. Barbara Broccoli and Michael G. Wilson, siblings and producers of the James Bond movie franchise, received the Irving G. Thalberg Memorial Award at the annual Governors Awards ceremony, attended by stars including Tom Hanks, Jude Law and Kate Winslet. Jones, who died on Nov. 3, worked with musicians ranging from Count Basie to Frank Sinatra and reshaped pop music with his…
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BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to raise interest rates as conditions permit. The dollar fell to 154.46 Japanese yen from 154.54 yen late Friday. It had been trading above 156 yen last week. South Korea’s Kospi jumped 2% to 2,465.60 after Samsung Electronics, the country’s biggest company, announced a share…
A look at the day ahead in European and global markets from Wayne Cole. It’s been a relatively calm start to the week for markets with the early action in currencies, as the dollar nudged up on the yen after Bank of Japan Governor Kazuo Ueda again left investors guessing on the timing of rate hikes. While he left the door open for gradual tightening should the economy develop in line with the central bank’s outlook, he made no mention of whether a hike would come in December. That disappointed many in the markets. When the Ueda event was announced…
By Lisandra Paraguassu and Anthony Boadle RIO DE JANEIRO (Reuters) – Leaders of the Group of 20 major economies were set to meet on Monday in Brazil for their annual summit, bracing for a shift in the global order with the return to power of U.S. president-elect Donald Trump. Discussions of trade, climate change and international security will run up against sharp U.S. policy changes that Trump vows upon taking office in January, from tariffs to the promise of a negotiated solution to the war in Ukraine. While U.S President Joe Biden arrives as a lame duck with just two…
After at least 30 cases of E. coli in Colorado were attributed to customers eating at McDonald’s, including one case that resulted in death, the fast food giant is investing millions to try and win… Source link
Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium to Oyo’s recent $2.3 billion valuation — at which it secured $175 million — the implied worth remains significantly below its 2019 peak of $10 billion. (Oyo has raised more than $3.4 billion in equity and debt since its inception, according to Tracxn.) Redsprig invested…
Kawasaki, Japan and Walldorf, German, Nov 18, 2024 – (JCN Newswire) – – Fujitsu and SAP Fioneer have signed a partnership master agreement to accelerate the digital transformation of Japan’s insurance industry. Under the agreement, Fujitsu and SAP Fioneer will collaborate on product planning, development, and marketing, including the development of the Japan Edition of SAP Fioneer Cloud for Insurance (1), an end-to-end cloud-based platform that packages core insurance services and combines localized business content with global industry best practice. The insurance industry is undergoing a profound transformation driven by technological advancements, including the rise of the digital native generation…
(Bloomberg) — Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said prices could extend gains during Donald Trump’s presidency. Most Read from Bloomberg “Go for gold,” analysts including Daan Struyven said in a note, reiterating a target of $3,000 an ounce by December 2025. The structural driver of the forecast is higher demand from central banks, while a cyclical lift would come from flows to exchange-traded funds as the Federal Reserve cuts, they said. Gold…
By Lewis (JO:) Jackson SYDNEY (Reuters) – Robert F. Kennedy Jr.’s views on vaccines are dangerous, his cousin and outgoing U.S. ambassador to Australia Caroline Kennedy said on Monday, days after Donald Trump picked him to head the United States’ top health agency. Caroline Kennedy said RFK Jr.’s views on vaccines are “dangerous” and at odds with that of most Americans, including the Kennedy clan. “I grew up with him, so I’ve known all this for a long time. Others are just getting to know him,” she said, drawing laughter from the crowd at the National Press Club in Canberra.…
Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda.The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra $2 billion in tourism revenue per year, within two years.Arrivals are expected to come, not only from same-sex couples and their wedding guests, but from the broader LGBTQ community and beyond.”Thailand is set to attract a growing number of travellers and expatriate workers who seek not…