Author: i2wtc

(Bloomberg) — Emerging market stocks posted their biggest gain this year as manufacturing activity in China rose at the fastest pace since June 2022. Volatility across emerging markets following the election results sent the Mexican peso plummeting and the South African rand soaring.Most read articles on BloombergMSCI Inc’s index of emerging market stocks rose 2.3%, its biggest intraday change since November, led by Asian technology companies. A benchmark index of currencies rose 0.3%. U.S. Treasury yields fell.China’s manufacturing activity expanded at its fastest pace in nearly two years in May, according to a private survey, contrasting with weak official data.…

Will the BJP-led NDA return to power for a third term? Will the opposition parties, united under a front called INDIA, be able to give a tough fight to PM Modi? And will there be any new surprises in this election? All these questions will be answered tomorrow when the Election Commission declares the results of the 2024 Lok Sabha elections.Months of preparation and weeks of campaigning on the ground will come to an end on Tuesday.read moreThe counting of votes will begin at 8 a.m. The postal votes will be counted first at all polling stations. The counting of…

Technology once was just another utility, on the same level as plumbing and electricity for a business. Today, technology powers almost every critical business service for every company across every industry. Technology is inextricably linked to business. Without technology, business grinds to a halt. Without innovation, business stagnates. But the reality is that technology funding and planning is still being managed in exactly the same way it was 10 or even 20 years ago, even though the nature of technology in the enterprise has fundamentally changed. The current approach creates inconsistencies, inefficiencies, waste, and many other problems. Therefore, teams must…

Brian Best, Building General Counsel, Skanska USA (Photo: Business Wire)New York, June 3, 2024–(Business Wire)–Skanska, a global construction and development company, has appointed Brian Best as senior vice president and general counsel of Skanska USA Building, effective immediately. Best succeeds Clay Hayden, who was recently appointed president of the business.As General Counsel, Best will serve as the division’s primary in-house legal counsel and will oversee the company’s legal, ethics and compliance, and insurance and surety operations. He will serve on the company’s senior leadership team and report directly to division president, Clay Hayden.For the past seven years, Best has served…

Turkish club Fenerbahce’s new manager Jose Mourinho attends a press conference at the Sukru Saracoglu Stadium in Istanbul (Yassin Akgul)Jose Mourinho, speaking at a press conference on Monday watched by more than 80,000 people online, said he dreams of winning the Turkish Super League with his new club Fenerbahce but “I’m not making any promises.”Mourinho made the remarks at Fenerbahce headquarters after being appointed manager of the Istanbul-based club on Sunday.”I can’t make any promises, but it’s clear that my main goal, my main dream, is to win the Turkish Super League,” the 61-year-old said.Fenerbahce missed out on the league…

ISLAMABAD (AP) — A Pakistani appeals court on Monday acquitted former prime minister Imran Khan of leaking state secrets, his lawyer said, but the popular opposition leader will remain behind bars for the rest of his life as he serves multiple prison sentences and awaits the resolution of a number of pending cases. Khan is He was convicted of treason in January. He was sentenced to 10 years in prison for the incident. Well known as the crypto caseIn that case, he was accused of leaking state secrets by brandishing classified documents at a protest rally. the government Document DisclosureHowever,…

Reform UK Party leader Richard Tice and honorary chairman Nigel Farage. (Alamy)Reform UK was founded in 2018 by former UKIP leader Nigel Farage as the Brexit Party, with many former UKIP members as members. The party, which advocates strong Euroscepticism and a no-deal Brexit, re-registered as Reform UK in January 2021.That same year, Farage resigned and was replaced by Richard Tice, who remains the party’s current leader. The Reform Party’s name was changed to “Reform UK: Brexit Party” in November 2023.The Reform Party’s slogan “Make Britain Great Again” suggests similarities with Donald Trump’s “Make America Great Again”.”To be successful we…

Russia aside, Gallup polls show that more Americans see China as their top adversary, and policymakers seem to increasingly agree. Director of National Intelligence Avril Haines has argued that China is the “most significant threat” to our national security, and that that threat could come in many forms. The United States is currently in a fierce competition with China over military and civilian technological developments, but unfortunately, some of Congress and Georgia’s policymakers do not seem to see eye to eye. Congress, despite its shortcomings, has been pondering ways to assert America’s technological superiority and independence over China, while state…

Tesla has officially started selling the new Model 3 Performance in China, and it will be interesting to see how the car fares in the market. Tesla launched the improved Model 3, also known as the Model 3 Highland, in China almost a year ago, but it was only a little over a month ago that the company unveiled a new performance trim of the Model 3. There have been some regulatory issues that have delayed the start of deliveries, but the doors have recently opened up in North America, and now it appears the same is happening in China.…

Temperatures could soar as high as 112 degrees in Las Vegas, Phoenix and Palm Springs.June 3, 2024, 9:09am ET• 3 min readA dangerous and possibly record-breaking heat wave is moving west this week, affecting parts of California, Arizona and southern Nevada, including Las Vegas.A heat wave warning was issued for the California Valley region starting Tuesday, with temperatures potentially reaching up to 108 degrees from Redding to Sacramento, Fresno and Bakersfield.Extreme heat warnings are expected to be in effect from Las Vegas to the Lake Havasu City, Arizona, area on Wednesday.A heat wave begins on the West Coast on Tuesday.ABC…