BEIJING (Reuters) – Casino (EPA:CASP) revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former Portuguese colony to diversify its economy. Gaming revenue last year reached 226.8 billion patacas ($28.35 billion), up 23.9% from 2023, according…
DUBAI (Reuters) – The next round of nuclear talks between Iran and three European countries will take place on Jan. 13 in Geneva, Iran’s semi-official ISNA news agency cited the country’s Deputy Foreign Minister Kazem Gharibabadi as saying on Wednesday. Iran held talks about its disputed nuclear programme in November, 2024 with Britain, France and…
Investing.com — Wolfe Research recently outlined five potential surprises for 2025 including a possible Fed pivot that could shake up markets. 1. Port workers strike: a possible port workers strike on Jan. 15 — stemming from unresolved issues regarding automation in port operations — disrupting supply chains and potentially impacting GDP by approximately $3.1 billion…
Investing.com — In a note to clients released Monday, Wells Fargo (NYSE:WFC) has outlined ten market predictions for 2025, covering macroeconomic trends, market movements, technological advancements, and geopolitical developments. These insights reflect the bank’s expectations for economic performance, industry shifts, and investor sentiment for the new year. 1) Wells Fargo analysts believe investors will prioritize…
KYIV (Reuters) -Russia launched a drone strike on the Ukrainian capital Kyiv early on Wednesday, killing one person, wounding six others and damaging buildings in two districts, city officials said. Explosions boomed across the morning sky as Ukraine’s air force warned of drones approaching the capital and Mayor Vitali Klitschko said air defences were repelling…
(Reuters) – Romania and Bulgaria scrapped land border controls to become full members of the European Union’s Schengen free-travel area on Wednesday, joining an expanded bloc of countries whose residents can travel without passport checks. Fireworks lit the sky at a crossing close to the Bulgarian border town of Ruse just after the stroke of…
Investing.com — Goldman Sachs economists outlined ten critical questions shaping the outlook for the U.S. economy in 2025 in a note Monday: Will GDP Growth Be Above Consensus? Goldman forecasts a 2.4% GDP growth for 2025, surpassing the 2.0% consensus. They attribute this to robust private domestic demand and business investment supported by artificial intelligence and…
JERUSALEM (Reuters) – Israeli air strikes on al-Bureij refugee camp and Jabalia town in central and northern Gaza killed at least 17 Palestinians on Wednesday, the official Palestinian news agency WAFA reported. The Israeli military had no immediate comment although in a post on X, its Arabic spokesperson warned residents of al-Bureij earlier to evacuate…
Investing.com — Oil services stocks could be entering a promising phase in 2025, if George Soros’ “boom and bust sequence model” plays out as expected, according to Bernstein analysts. The sector is believed to be at the start of phase 4, which has historically aligned with strong equity returns driven by the gap between improving…
MOSCOW (Reuters) – Russia’s energy giant Gazprom (MCX:GAZP) said on Wednesday that gas exports via Ukraine to Europe had been halted from 08:00 Moscow time (0500 GMT) as the transit deal has expired. The shutdown of Russia’s oldest gas route to Europe ends a decade of fraught relations sparked by Russia’s seizure of Crimea in…
