Turkey cancels Swedish minister’s visit as planned protests stoke tension

Turkey cancels Swedish minister’s visit as planned protests stoke tension

ISTANBUL/STOCKHOLM, Jan 21 (Reuters) – Turkish Defense Minister Hulusi Akar said on Saturday that a planned visit for next week by his Swedish counterpart to Ankara had been canceled after Swedish authorities allowed protests to take place. Stockholm. Protests planned in Stockholm later on Saturday were aimed at Turkey’s and Sweden’s efforts to join NATO, … Read more

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

Feds seized nearly $700 million from FTX founder Bankman-Fried

Feds seized nearly 0 million from FTX founder Bankman-Fried

Jan 20 (Reuters) – Federal prosecutors seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, much of it in the form of Robinhood stock, according to a court filing on Friday. Bankman-Fried, who was accused of stealing billions of dollars from FTX clients to pay debts incurred by his crypto-focused hedge … Read more

Chris Hipkins set to replace Jacinda Ardern as New Zealand Prime Minister

Chris Hipkins set to replace Jacinda Ardern as New Zealand Prime Minister

WELLINGTON, Jan 21 (Reuters) – Chris Hipkins, who has played a significant role in New Zealand’s response to the COVID-19 pandemic, is set to replace Jacinda Ardern as prime minister after emerging on Saturday as the sole candidate for the leadership of the ruling Labor Party. Hipkins, 44, is expected to be confirmed as the … 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

Genesis Crypto Lending Unit Files For Bankruptcy In The US

Genesis Crypto Lending Unit Files For Bankruptcy In The US

Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion, after being knocked down by a rout market with companies like FTX exchange and lender BlockFi. Genesis Global Capital, one of the biggest crypto lenders, froze client … 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

Hundreds evacuated as fire breaks out in slum next to Seoul’s upscale Gangnam district

Hundreds evacuated as fire breaks out in slum next to Seoul’s upscale Gangnam district

SEOUL, Jan 20 (Reuters) – A fire swept through part of a slum in the South Korean capital, Seoul, on Friday, destroying 60 homes, many made of cardboard and wood, and forcing the evacuation of around 500 people. Emergency services took five hours to extinguish the blaze, which broke out before dawn in Guryong Village, … 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

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