Tag: deepens

Misery deepens in Rafah as Israeli troops press forward with operation

Aid workers are struggling to distribute dwindling food and other supplies to hundreds of thousands of Palestinians displaced by what Israel says is a limited operation in Rafah, as the two main crossings near the southern Gaza city remain closed. The United Nations’ agency for Palestinian refugees said 360,000 Palestinians have fled Rafah over the […]

Xi lands in Hungary as EU security rift deepens

icon Semafor Signals Supported by Microsoft logo Insights from Central European Institute of Asian Studies, Növekedés, and Royal United Services Institute Arrow Down Title icon The News Chinese leader Xi Jinping arrived in Budapest on Wednesday, the final stop of his week-long visit to Europe that many experts consider a strategic play to deepen ideological […]

Global Stock Gauge Nears Oversold Zone as Selloff Deepens

(Bloomberg) — A global equities benchmark has fallen precipitously close to oversold territory following a selloff in risk assets this month. Most Read from Bloomberg The MSCI All Country World Index’s 14-day relative strength index dropped below 33 on Tuesday to levels last seen in October. A reading of 30 or below indicates a possible […]

Boeing Crisis of Confidence Deepens With 787 Now Under Scrutiny

(Bloomberg) — Boeing Co. faces a deepening crisis of confidence after an engineer at the US planemaker alleged the company took manufacturing shortcuts on its 787 Dreamliner aircraft in order to ease production bottlenecks of its most advanced airliner. Most Read from Bloomberg Factory workers wrongly measured and filled gaps that can occur when airframe […]

Alibaba Unveils Big Cloud Price Cuts as AI Rivalry Deepens

(Bloomberg) — Alibaba Group Holding Ltd. is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals like Tencent Holdings Ltd. competing to provide the tools critical to training artificial intelligence. Most Read from Bloomberg The Chinese internet pioneer will slash prices starting Thursday on scores […]

Israel discusses next steps in truce talks as Gaza desperation deepens

Israel’s war cabinet has discussed the next steps for negotiations towards a hostage deal and ceasefire in its war with Hamas, as concern deepens over the increasingly desperate situation faced by civilians in the devastated Gaza Strip. An Israeli delegation that had travelled to Paris for fresh talks on a hostage deal returned to brief […]

China property crisis deepens as Moody’s withdraws credit ratings

An unfinished residential compound developed by China Evergrande Group in the outskirts of Shijiazhuang – REUTERS/Tingshu Wang China’s property crisis deepened as Moody’s withdrew a flurry of credit ratings from key companies. The credit ratings agency issued sudden removals for 11 Chinese businesses today in a blow to Beijing’s efforts to revive the fortunes of […]