More than 50 injured in Peru as protests cause ‘national chaos’

More than 50 injured in Peru as protests cause ‘national chaos’

LIMA, Jan 20 (Reuters) – Dozens of Peruvians were injured after tensions erupted again on Friday night as police clashed with protesters during anti-government protests that are spreading across the country. In the capital Lima, police used tear gas to repel protesters throwing glass bottles and rocks as fires burned in the streets, local television … Read more

Amazon’s AWS to invest $35 billion in Virginia

Amazon’s AWS to invest  billion in Virginia

WASHINGTON, Jan 20 (Reuters) – The cloud services division of Amazon.com Inc (AMZN.O) said on Friday it plans to invest an additional $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Republican Virginia Governor Glenn Youngkin said AWS will establish multiple data … Read more

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google’s parent company Alphabet Inc (GOOGL.O) is cutting around 12,000 jobs as it faces “a different economic reality”, it said in a memo, doubling down artificial intelligence (AI) and removing staff who support experimental projects. The job cuts affect 6% of its workforce and follow thousands of layoffs at tech giants … Read more

Here’s what Twitter lost in ad revenue in the final months of 2022

Here’s what Twitter lost in ad revenue in the final months of 2022

NEW YORK/LONDON, Jan 20 (Reuters) – Top advertisers on Twitter cut spending after the Elon Musk takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the top source. of business income. According to Pathmatics estimates, fourteen of the top 30 advertisers on Twitter ceased all advertising on the … Read more

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main street of Davos, the impact of the crypto winter is evident for WEF attendees. Last May, the dressed storefronts that line both sides of Promenade Street that runs through the Swiss ski resort were dominated by crypto companies, rolling in bitcoin. … Read more

T-Mobile says investigating data breach involving 37 million accounts

T-Mobile says investigating data breach involving 37 million accounts

Jan 19 (Reuters) – U.S. mobile operator T-Mobile (TMUS.O) said on Thursday it was investigating a data breach involving 37 million postpaid and prepaid accounts and planned to take legal action. significant costs related to the incident. The company said it identified malicious activity on January 5 and contained it within a day, adding that … Read more

Brazilian court grants bankruptcy protection to retailer Americanas

Brazilian court grants bankruptcy protection to retailer Americanas

SAO PAULO, Jan 19 (Reuters) – A Rio de Janeiro court on Thursday accepted Brazilian retailer Americanas SA (AMER3.SA)’s application for bankruptcy protection, days after the company disclosed nearly $4 billion accounting inconsistencies that sparked a legal dispute with creditors and investors. Americanas, a 93-year-old company with stores across Brazil and a major e-commerce unit, … Read more

Wall St plunges as tight labor market fuels Fed concerns

Wall St plunges as tight labor market fuels Fed concerns

Procter & Gamble tumbles after commodity price pressure warning Netflix down ahead of quarterly results Dow down 0.36%, S&P 500 down 0.35%, Nasdaq down 0.55% NEW YORK, Jan 19 (Reuters) – U.S. stock indexes fell on Thursday after data indicating a tight labor market fueled concerns that the Federal Reserve will maintain its aggressive rate … Read more

China says critical COVID cases have peaked as holiday travel surges

China says critical COVID cases have peaked as holiday travel surges

Millions travel across the country for Lunar New Year President Xi says he is worried about the elderly and rural areas Daily deaths could reach 36,000 next week, analysis finds Chinese drugmakers rush to make fever medicine BEIJING, Jan 19 (Reuters) – The number of COVID patients requiring intensive care in Chinese hospitals has peaked, … Read more

Texas AG halts most Citigroup municipal bids over gun law row

Texas AG halts most Citigroup municipal bids over gun law row

Jan 18 (Reuters) – Citigroup Inc (CN) has discriminated against the firearms industry, Texas Attorney General Ken Paxton’s office said, in making a decision that “effectively” to prevent Texas from underwriting most municipal bond offerings in the state. Republicans have stepped up pressure on the financial industry over environmental, social and governance (ESG) investing practices. … Read more