Blog Verité

A man who was shot dead in the region of Alicante, in Spain, is believed to be Maksim Kuzminov, a Russian helicopter pilot who defected to Ukraine last year. (Image credit: Vladyslav Musiienko)

In November, Chinese President Xi Jinping raised hopes his country would start sending pandas to the U.S. again after he and President Joe Biden convened in Northern California. (Image credit: Lenny Ignelzi)

UniCredit Research said EUR/USD will probably continue to struggle above 1.08 without re-approaching 1.09, although a negative surprise from the Eurozone purchasing managers surveys probably won’t drag the currency pair below 1.0750.

WPP’s full-year core profit slightly missed expectations and the advertising group guided for like-for-like revenue growth in 2024 of 0% to 1%, adding that it was confident of delivering accelerated and increasingly profitable growth over the medium term.

The company’s sales more than tripled as it scrambled to meet demand for chips that power AI systems.  Its shares rose 9% in off-hours trading.

Rolls-Royce Holdings reported underlying operating profit of £1.6 billion on a surge in sales that were above-forecast, and said its strong order delivery last year gave it confidence in its 2024 guidance.

Anglo American posted lower full-year underlying earnings that were slightly above consensus but it trimmed its dividend after net profit missed forecasts on weak prices and as it booked $2.1 billion in impairments.

Joe Biden has sparked a war of words with the Kremlin after he called Vladimir Putin a “crazy SOB” at a fundraiser.

Mercedes-Benz warned that 2024 underlying earnings would be slightly below last year’s levels on stable revenue expectations, adding the auto market faced an uncertain economic backdrop and possible “unexpected developments” from geopolitics and trade policy.

Alabama Attorney General Steve Marshall’s office asked the state Supreme Court on Wednesday to set an execution date for Alan Eugene Miller. The state said the execution would use nitrogen. (Image credit: Dave Martin)