Bugolobi market vendors are up in arms with the local council leaders ...
Synopsis by Uganda Jun 07 23
Bugolobi market vendors are up in arms with the local council leaders to explain to them who painted their market yellow and the motive behind it ...Read full article
Uganda: Bugolobi market vendors are up in arms with the local council leaders ...
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| Last Updated | Jun 07 23 |
| Total Articles | 1 |
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location where people regularly gather for the purchase and sale of provisions, livestock, and other goods
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Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition: EXCLUSIVE-TESLA CANCELS LOW-COST CAR PLANS-SOURCES
reut.rs/49oRm4S
Quick Glance: Tesla scraps plans for low-cost car amidst fierce Chinese EV competition
- Tesla has canceled the promised inexpensive car and will focus on self-driving taxis instead
- The shift in strategy comes as Tesla faces competition from Chinese EV makers, including BYD
- Elon Musk's vision of affordable electric cars for the masses has been abandoned in favor of robotaxis
- The decision reflects Tesla's efforts to stay competitive in a challenging market environment
iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
reuters.com/technology/apple-loses-top-phonemaker-spot-samsung-iphone-shipments-drop-idc-says-2024-04-15/
Cryptoverse: Hold for the halving: Could bitcoin's bumper rally just be getting started this year?
reuters.com/markets/currencies/cryptoverse-hold-halving-2024-04-16/
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
There is a lack of staff at Germany's weekly markets: Weekly markets are not only a place for regional produce, but also a meeting place ...
tagesschau.de/wirtschaft/arbeitsmarkt/wochenmaerkte-handel-personal-100.html
TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
reuters.com/technology/tsmc-set-report-5-rise-first-quarter-profit-strong-ai-chip-demand-2024-04-18/
Donald Trump's media company falls 12%, extends selloff: Shares of Donald Trump's media and technology firm fell as much as 12% on Monday ...
reuters.com/business/media-telecom/donald-trumps-media-company-falls-12-extends-selloff-2024-04-08/
China’s growing love of luxury watches remains strong, despite economic headwinds
cnn.com/2024/04/19/style/china-luxury-watches/
US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
cnn.com/2024/04/19/cars/india-elon-musk-visit-investment-intl-hnk/
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
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Germany says Europe is open to Chinese cars but not at any price: German Chancellor Olaf Scholz pressed his case on Monday for an open and fair European market ...
cnn.com/2024/04/15/business/china-germany-chancellor-cars-overcapacity-hnk-intl/
Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in Indonesian lender, sources say
reuters.com/markets/deals/abu-dhabis-largest-islamic-bank-talks-buy-11-bln-stake-indonesian-lender-sources-2024-04-17/
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition: Tesla has canceled the long-promised inexpensive car that investors have been ...
reuters.com/business/autos-transportation/tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Futures recover from Wall St selloff ahead of payrolls test: U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the ...
reuters.com/markets/us/futures-recover-wall-st-selloff-ahead-payrolls-test-2024-04-05/
Focus: Czech arms maker CSG chief eyes place on global stage: Michal Strnad, who a decade ago became head of CSG, a family defence business ...
reuters.com/business/aerospace-defense/czech-arms-maker-csg-chief-eyes-place-global-stage-2024-04-14/
Despite $90 crude, US oil output capped by weak natgas prices: U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market ...
reuters.com/business/energy/despite-90-crude-us-oil-output-capped-by-weak-natgas-prices-2024-04-08/
UK recruiters report slowest growth in starting pay in over 3 years: Starting salaries for permanent staff grew at the slowest rate in over three years last ...
reuters.com/world/uk/uk-recruiters-report-slowest-growth-starting-pay-over-3-years-2024-04-07/
Ohio senator wants Biden to permanently ban Chinese EVs from US: The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block ...
reuters.com/business/autos-transportation/ohio-senator-wants-biden-permanently-ban-chinese-evs-us-2024-04-11/
Samsung flags 10-fold rise in first-quarter profit as chip prices recover: Samsung Electronics estimated on Friday its first-quarter operating profit would rise ...
reuters.com/technology/samsung-flags-931-rise-first-quarter-profit-chip-prices-recover-2024-04-04/
Quick Glance: Samsung forecasts 10-fold profit surge, marking the end of chip downturn
- Samsung expects a 10-fold increase in operating profit in the first quarter as memory chip prices recover strongly after last year's industry downturn.
- Revenue rose by 11.4 percent to Won71tn in the first quarter compared to the previous year, while operating profit surged by 931 percent to Won6.6tn.
- Analysts predict Samsung's chip division will achieve an operating profit of approximately Won900bn in the first quarter, compared to an operating loss of Won2.2tn in the December quarter.
- Samsung's strong earnings have also been driven by robust sales of its latest AI-driven smartphones, allowing the company to regain the top spot in global smartphone sales in February.
EV maker Lucid beats first-quarter delivery estimates as price cuts boost demand: Lucid reported first-quarter deliveries above market expectations on Tuesday as ...
reuters.com/business/autos-transportation/ev-maker-lucid-beats-first-quarter-delivery-estimates-2024-04-09/
Qatar leads Gulf markets higher; Kuwait slips: The Qatar stock market ended higher on Sunday, boosted by gains in communications, energy and finance stocks ...
reuters.com/world/middle-east/qatar-leads-gulf-markets-higher-kuwait-slips-2024-04-07/
Christiania: A Copenhagen hippy commune fights back against drug gangs: Locals start digging up a Copenhagen street as part of a bid to tackle drug-related crime ...
bbc.com/news/world-europe-68740282
Quick Glance: Christiania's Transformation: Ending Illegal Drug Market
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- The Justice Minister sees the action as symbolically significant, emphasizing the residents' desire to create a new Christiania without a criminal drug market.
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Apple supplier Foxconn sees growth in Q2 after dip in Q1 revenue: Taiwan's Foxconn , the world's largest contract electronics maker and the biggest assembler of ...
reuters.com/technology/foxconn-q1-revenue-drops-96-yy-sees-growth-q2-2024-04-05/
Volkswagen EVs 'can't keep up' in China, CEO tells newspaper: Volkswagen wants to avoid setting
reuters.com/business/autos-transportation/volkswagen-evs-cant-keep-up-china-ceo-tells-newspaper-2024-04-05/
China EV maker Nio urges openness in US speech amid tensions: Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the ...
reuters.com/business/autos-transportation/china-ev-maker-nio-urges-openness-us-speech-amid-tensions-2024-04-14/
Grave robbers tap 'alien' fascination with Peru's ancient mummies: Leandro Rivera says he chanced upon the cave in Peru's remote Nazca region that contained ...
reuters.com/world/americas/alien-fever-dreams-fuel-peruvian-grave-robbings-2024-04-06/
UK house prices fall for first time in six months: Prices fell in March with higher mortgage rates affecting affordability, the Halifax says
bbc.com/news/articles/cz9zle1973xo
US layoffs reach 14-month high amid government, tech cutbacks: U.S. layoff announcements rose 7% in March to the highest since January 2023 ...
reuters.com/markets/us/us-layoffs-reach-14-month-high-amid-government-tech-cutbacks-2024-04-04/
US existing home sales drop in March; median price increases: U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers ...
reuters.com/world/us/us-existing-home-sales-drop-march-median-price-increases-2024-04-18/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
ESG: Unilever Scales Back Sustainability Goals: CEO Hein Schumacher is scaling back some commitments on plastics and diversity against a backdrop of wider ...
bloomberg.com/news/features/2024-04-19/esg-unilever-scales-back-sustainability-goals
Norway's trillion dollar wealth fund posts 107 billion dollar first quarter gain: Norway's sovereign wealth fund, the world's largest, posted a gain of ...
thelocal.no/20240418/norways-trillion-dollar-wealth-fund-posts-107-billion-dollar-first-quarter-gain
India's Biocon developing its own version of Wegovy, clinical trial likely next year
reuters.com/business/healthcare-pharmaceuticals/indias-biocon-developing-its-own-version-wegovy-clinical-trial-likely-next-year-2024-04-18/
Quick Glance: Biocon Developing Own Version of Wegovy, Plans Clinical Trial
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- Biocon's CEO, Siddharth Mittal, has expressed the company's intention to develop semaglutide, the active ingredient in Wegovy, for the Indian market, even if it requires a clinical trial.
- Biocon aims to introduce generic versions of weight-loss drugs in emerging markets such as Brazil, Mexico, and Saudi Arabia before the patent for semaglutide expires in those countries in 2026.
- The company is striving to obtain a waiver on clinical trials from Indian regulators and submit bioequivalence studies to demonstrate the effectiveness of their version of semaglutide. Biocon is making significant investments in generics research and development, including peptides for weight-loss drugs.
India discussed oil market volatility with OPEC chief, government says: India, the world's third biggest oil importer and consumer, discussed recent trends and ...
reuters.com/markets/commodities/india-discussed-oil-market-volatility-with-opec-chief-government-says-2024-04-19/
Exclusive: Daniel Kretinsky explores bid for Royal Mail owner, sources say: Czech billionaire Daniel Kretinsky has been exploring a possible bid for the owner of ...
reut.rs/4aX5jrR
Your morning coffee may be hundreds of thousands of years old: Using genes from coffee plants around the world, researchers built a family tree for the world’s ...
cleveland.com/entertainment/2024/04/your-morning-coffee-may-be-hundreds-of-thousands-of-years-old.html
Quick Glance: Coffee Origins Revealed: Genome Study Uncovers Ethiopian Roots
- Researchers unlocked the genome of Arabica coffee species, tracing its origins to a natural mating over 600,000 years ago in Ethiopia.
- The study revealed Arabica's low genetic diversity and susceptibility to pests and diseases, limiting its cultivation locations.
- The findings could lead to new breeding approaches in coffee to develop varieties with enhanced resistance to diseases and climate changes.
- Arabica formed as a natural hybridization between parent species Coffea canephora and Coffea eugenioides, mainly used for global coffee production.
Worsening US debt outlook seen more in gold and bitcoin than in bonds: Concern about the rapidly rising U.S. government debt is partly behind recent surges in ...
reuters.com/markets/us/worsening-us-debt-outlook-seen-more-gold-bitcoin-than-bonds-2024-04-19/
Ample oil supplies limit impact of MidEast flare-up on prices: Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil ...
reuters.com/markets/commodities/ample-oil-supplies-limit-impact-mideast-flare-up-prices-2024-04-19/
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say: EU antitrust regulators have concluded that Microsoft's $13 billion investment into ...
reuters.com/technology/microsofts-13-bln-openai-deal-avoid-formal-eu-probe-bloomberg-news-reports-2024-04-17/
Vestager defends EU merger rules, says competition creates strong companies: EU antitrust chief Margrethe Vestager on Thursday rejected calls for a shake up of ...
reuters.com/markets/europe/vestager-defends-eu-merger-rules-says-competition-creates-strong-companies-2024-04-18/
China set to keep lending benchmark LPRs unchanged in April: China is widely expected to leave benchmark lending rates unchanged on Monday ...
reuters.com/world/china/china-set-keep-lending-benchmark-lprs-unchanged-april-2024-04-19/
Curly Crumble is the successor to the Soup Prince in Osnabrück: Sweet dessert instead of strong soup: Curly Crumble is the successor to the Soup Prince at the ...
noz.de/lokales/osnabrueck/artikel/curly-crumble-ist-nachfolgerin-des-suppenprinzen-in-osnabrueck-46857570
Paid articlePaid Exclusive: JDE Peet's sees coffee industry struggling to meet EU deforestation law
reuters.com/sustainability/jde-peets-sees-coffee-industry-struggling-meet-eu-deforestation-law-2024-04-18/
Carbon price fall deprives Europe's green funds of billions: A drop in the European Union's carbon price this year could mean that a fund intended to be among ...
reuters.com/business/energy/carbon-price-fall-deprives-europes-green-funds-billions-2024-04-18/
EU leaders to hear shake-up needed to match global rivals: European Union leaders will hear on Thursday how the bloc could act to catch up to the United States ...
reuters.com/technology/eu-leaders-hear-shake-up-needed-match-global-rivals-2024-04-18/
Asparagus report discovered years later as an April Fool's joke: 'Asparagus pee with a strawberry smell' was the name of the report published by the Federal ...
stimme.de/ueberregional/panorama/nachrichten/erdbeeren-spargel-bundeszentrum-ernaehrung-aprilscherz-gelogen-studien-ergebnisse-falsch-art-4911248
BAVERN looking at prospects - nationnews.com: Some vendors in the city are hoping to get their share of the spoils as Bridgetown Market is moved from the Mighty ...
nationnews.com/2024/04/19/bavern-looking-at-prospects/
IMF urges Bank of Japan to tread cautiously in raising interest rates: The Bank of Japan (BOJ) must tread cautiously in raising interest rates ...
reuters.com/markets/asia/imf-urges-bank-japan-tread-cautiously-raising-interest-rates-2024-04-19/
US, Japan, Korea finance leaders agree to consult on foreign exchange, market developments
reut.rs/3W3Hbj3
Ping An Trust delays repayment, citing China property market woes: A subsidiary of China's Ping An Insurance failed to repay a roughly $107 million trust product ...
reuters.com/world/china/ping-an-trust-delays-repayment-citing-china-property-market-woes-2024-04-11/
Morgan Stanley consumer IPO banker Passi leaving the bank, sources say: Morgan Stanley's North America head of consumer and retail equity capital markets (ECM) ...
reuters.com/business/finance/morgan-stanley-consumer-ipo-banker-passi-leaving-bank-sources-say-2024-04-19/
After Kicking Off Mutual-Fund Era in 1924, MFS Plans ETF Foray: After launching the world’s first mutual fund 100 years ago, MFS Investment Management is poised ...
trib.al/Ecue4Cg
Dealer frustration: Will Wolfach's weekly market remain in the castle courtyard in the long term?
bo.de/lokales/kinzigtal/handler-frust-bleibt-wolfachs-wochenmarkt-auf-dauer-im-schlosshof
South Korea to take decisive action if needed to stabilise FX market: South Korea's finance ministry said on Friday that authorities would take immediate and ...
reuters.com/markets/asia/south-korea-finmin-take-immediate-decisive-response-fx-volatility-2024-04-19/
Abu Dhabi's TAQA reportedly in talks to take over Spain's energy company Naturgy: Abu Dhabi's TAQA is in talks with the three largest shareholders in Naturgy ...
reuters.com/markets/deals/abu-dhabis-adnoc-talks-take-over-spains-energy-company-naturgy-report-2024-04-16/
Fed should not act urgently to cut rates unless required, Daly says: There is "no urgency" to cut U.S. interest rates, Mary Daly, the president of the San ...
reut.rs/3VYkGMo
Vincent Boland: If AI does advance to outsmart us humans, we need to be ready: With the possible exception of inflation, AI is the number one factor driving ...
businesspost.ie/analysis-opinion/vincent-boland-if-ai-does-advance-to-outsmart-us-humans-we-need-to-be-ready/
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Prysmian finds sparky US fix for dim cable outlook: Cable maker Prysmian is once again in expansion mode. Six years after swooping on General Cable ...
reuters.com/breakingviews/prysmian-finds-sparky-us-fix-dim-cable-outlook-2024-04-15/
Quick Glance: Prysmian Discovers Vibrant US Solution for Gloomy Cable Outlook
- Italian cable maker Prysmian is once again in expansion mode, having agreed to acquire smaller U.S. rival Encore Wire for about $4.2 billion.
- While the purchase price is steep, the stronger presence in the more attractive North American market is expected to inject vitality into the slightly dimmer cable sector outlook.
- Prysmian expects the acquisition to result in annual savings of around 140 million euros, contributing significantly to an increase in EBITDA.
- Expanding into the U.S. could help Prysmian reignite its electrification journey, given the less fragmented market compared to Europe and the need for upgrades in the outdated U.S. distribution grids.
EU bank-saving raid can boost tired capital market: European Union leaders could pull trillions from the bloc’s collective couch cushions by offering savers an ...
reut.rs/4aBjEdX
Shopping in Visselhövede is changing, the weekly market remains popular: In the coming years, the shopping infrastructure in Visselhövede will continue to ...
kreiszeitung.de/lokales/rotenburg/visselhoevede-ort52324/der-visselhoeveder-wochenmarkt-ist-beliebt-trotz-veraenderungen-93019013.html
Dongdaemun Yupdduk's record sales confirms growing popularity of 'tteokbokki'
koreatimes.co.kr/www/tech/2024/04/419_372998.html
Three takeaways from China’s upbeat Q1 growth: China’s first-quarter gross domestic product (GDP) surpassed market expectations, indicating a promising start to ...
asiatimes.com/2024/04/three-takeaways-from-chinas-upbeat-q1-growth/
UK lags G7 as labour market 'inactivity' hits eight-year high: Four years since the outbreak of the COVID-19 pandemic, Britain remains beset by a persistent rise ...
reuters.com/world/uk/uk-lags-g7-labour-market-inactivity-hits-eight-year-high-2024-04-17/
Japan firms business mood slips as weak yen squeezes households
reuters.com/markets/asia/japan-firms-business-mood-slips-weak-yen-squeezes-households-2024-04-16/
Tatschi's potatoes closes the gap at the Ganderkeseer weekly market: The offer at the weekly market in Ganderkesee is supplemented with the new stand with ...
dk-online.de/lokales/ganderkesee/artikel/tatschis-kartoffeln-schliesst-luecke-auf-ganderkeseer-wochenmarkt-46845422
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The Urbach weekly market is popular nationwide: What is its secret?: The Urbach weekly market is popular nationwide: What is its secret? - News from Urbach - ...
zvw.de/lokales/urbach/der-wochenmarkt-urbach-ist-%C3%BCberregional-beliebt-was-ist-sein-geheimnis_arid-802243
Paid articlePaid India's wholesale prices rise at fastest pace in three months: India's wholesale price-based inflation in March rose 0.53%, its highest level in three months ...
reuters.com/world/india/indias-wholesale-prices-rise-march-by-053-year-earlier-2024-04-15/
As EVs surge, warning signs grow for Tesla | Analysis: The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its ...
nytimes.com/2024/04/16/climate/has-tesla-peaked.html
Exclusive: Software vendor Envestnet explores sale after receiving takeover interest, sources say
reuters.com/markets/deals/software-vendor-envestnet-explores-sale-after-receiving-takeover-interest-2024-04-16/
Oil stabilizes after sharp drop on demand concerns, easing of Middle East tension
reuters.com/business/energy/oil-inches-up-after-us-reimposes-venezuela-oil-sanctions-2024-04-18/
Tesla to lay off more than 10% of its staff, Electrek reports: Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/
Gold rises as geopolitical risks counter rate cut concerns
reuters.com/markets/commodities/gold-near-record-high-growing-geopolitical-concerns-2024-04-16/
Asparagus at Wolfsburg's weekly market: this is how much the vegetables cost: The first asparagus is already on sale at Wolfsburg's weekly market ...
waz-online.de/lokales/wolfsburg/spargel-auf-dem-wolfsburger-wochenmarkt-so-viel-kostet-das-gemuese-FX4GXHECQBCDTI6CDWGI74HYKM.html
Microsoft-backed Rubrik aims to raise as much as $713 mln in IPO, source says: Cybersecurity software firm Rubrik, which counts Microsoft among its prominent ...
reuters.com/technology/microsoft-backed-rubrik-aims-raise-much-713-mln-ipo-source-says-2024-04-15/
South Korea finmin vows measures to stabilise market volatility if needed: South Korea's finance minister stepped up warnings on Monday that the government is ...
reuters.com/markets/asia/south-korea-finmin-vows-deploy-measures-stabilise-market-volatility-if-needed-2024-04-14/
Quick Glance: South Korea finance minister pledges measures to stabilize market volatility if necessary
- South Korea's finance minister warns of potential currency volatility and emphasizes the government's readiness to intervene if needed.
- He announced the extension of the fuel consumption tax cut by two months to curb inflation amid rising global geopolitical risks.
- The statements came after Iran's attack on Israel, raising the threat of a broader regional conflict.
- South Korean currency markets opened at 0000 GMT, with the government prepared to take action to address potential market volatility.
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