Asian markets were mixed Monday and oil fell as investors assessed data showing further weakness in China's economy and comments from Federal Reserve officials showing it was wedded to its campaign of interest rate hikes to fight inflation.. The data out of China revived demand concerns on oil markets, sending both main contracts down Monday, following a bounce last week.
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of pandemic.. From January to June, Cyprus recorded 1.2 million visitors, nearly five times the level last year, and the white sand beaches at Ayia Napa are crowded with sunseekers and partygoers.
China's manufacturing activity logged a surprise drop in July, official data showed Sunday, on the back of weak demand and as strict zero-Covid restrictions continue to cast a pall on growth.. China's non-manufacturing PMI dropped to 53.8 points as well in July, down from 54.7 in June, NBS data showed Sunday.
An Irishman at risk of losing his farm.. "Obviously I feel sorry for anyone who loses an investment like this, but it is just something where they need to be aware of the risks," he said. jm/des
Russian energy giant Gazprom Saturday suspended gas supplies to Latvia following tensions between Moscow and the West over the conflict in Ukraine and sweeping European and US sanctions against Russia. . "Today, Gazprom suspended its gas supplies to Latvia... due to violations of the conditions" of purchase, the company said on Telegram.
For Yemeni beekeeper Mohammed Saif, honey production used to be a lucrative business but years of war and climate change have taken the buzz out of the family hives.. Before the war, Saif said, the family managed 300 hives, now only 80 are left.
Elon Musk on Friday filed claims against Twitter as he fights back against the tech firm's lawsuit demanding he be held to his $44 billion buyout deal.. Twitter, whose stock price closed at $41.61 on Friday, has stuck by its estimates regarding accounts run by software "bots" rather than people, and argued that Musk is contriving excuses to back out of the contract.
Argentine President Alberto Fernandez is looking for a political solution to the country's economic crisis with his appointment of a long-term politician as a new "super minister," analysts say.. This will generate peace in the markets, it's a pragmatic move," Pablo Tigani, director of the Hacer economic consultancy, told AFP. Fernandez said the new super minister appointment is aimed at creating "better coordination" on economic policy.
Uber on Friday said it will let drivers in the United States see trip details before deciding whether to accept them -- a new feature long sought by drivers.. Revealing details only once a driver had accepted a trip was seen as a way to ensure riders would get picked up promptly, and not be snubbed because they were headed to locations deemed undesirable by drivers.
Zaman is the CEO of KISS PR Digital Growth Company in Dallas and author of Build Google Knowledge Panel Using Press Releases (Step by Step Guide).
