Thursday's government budget is unlikely to be uppermost in the minds of people enjoying the annual light show on the seafront promenade of Blackpool.. Some 3.5 million people flock to Blackpool for its Illuminations, the free light show that starts in September and runs to the end of January.
Prices of new homes in China saw their sharpest decline for seven years in October, data showed Wednesday, as the real estate sector was battered by a debt crisis and a slowing economy.. The price of new homes contracted 1.6 percent year-on-year, their sharpest decline since August 2015, analysis of figures from Beijing's National Bureau of Statistics (NBS) showed.
Tesla tycoon Elon Musk will take the stand on Wednesday as part of a trial over his $50 billion pay package as CEO of the electric car giant.. Tornetta alleges that Musk dictated his terms to directors who were not sufficiently independent from their star CEO to object to a package worth around $51 billion at recent share prices.
Asian stocks fluctuated Wednesday as another positive US inflation report that fanned hopes of a slowdown in the Federal Reserve's interest rate hike campaign was offset by fresh geopolitical concerns over Ukraine.. The news sparked fears that if it was proved to be an attack on Poland, a NATO member, the nine-month war in Ukraine could escalate.
Hunched over laptops in small office cubicles, a group of Indian fact-checkers is on the frontlines of a war against misinformation, braving online abuse and legal threats.. As in other countries, Indian fact-checkers operate in an ecosystem where internet lies travel faster than truth, and posts peddling misinformation often get more traction than real news.
Luxury beauty brand Estee Lauder said in a statement Tuesday it had agreed to buy designer Tom Ford's company for $2.3 billion. . Bringing the brand under the "stewardship" of Estee Lauder Companies (ELC) "will allow for continuity and the further evolution of the Tom Ford brand as one of the preeminent global luxury brands of the twenty-first century," New York-based ELC said in its statement.
Twitter's new owner Elon Musk on Tuesday postponed the relaunch of the site's paid subscription service after a first attempt saw an embarrassing spate of fake accounts that scared advertisers.. "Punting relaunch of Blue Verified to November 29th to make sure that it is rock solid," Musk tweeted, delaying his new revamp, originally promised for Tuesday, by two weeks.
US wholesale prices continued to rise in October but at a slower pace than in the prior month, according to official data Tuesday which will add to rising hopes that inflation has peaked.. And annual PPI slowed to 8.0 percent in October, the data showed, down from 8.5 percent in the prior month.
US retail giant Walmart posted a $1.8 billion loss in the third quarter after a settlement resolving allegations on opioid cases, but lifted its full-year outlook on strong quarterly results.. Walmart reported its third quarter results on Tuesday, announcing revenues of $152.8 billion, up 8.7 percent from a year ago and exceeding expectations.
British Prime Minister Rishi Sunak called Tuesday for efforts to stabilise oil markets in talks with Saudi Arabia's crown prince, who was shunned by US President Joe Biden over an output cut.. The new British prime minister met separately with Crown Prince Mohammed bin Salman, the oil-rich kingdom's effective ruler, as they gathered for the Group of 20 summit on the Indonesian resort island of Bali.
