Author: News Room

MEXICO CITY (Reuters) – Chinese products are not entering the United States and Canada through Mexico, the president of the Latin American nation said on Friday, and the government will make that clear in upcoming trade meetings. “In the meetings we have with Canada and (U.S. President-elect) Trump, we’ll show that the idea that (Chinese) products are entering through Mexico is false,” Mexican President Claudia Sheinbaum said in her morning press conference.

Unilever (LON:), the global consumer goods company, is hosting an Investor Event today to outline the progress and future strategy under its “Growth Action (WA:) Plan 2030.” The plan is designed to achieve consistent, superior performance through market-making brands. The company confirmed its trajectory to complete an extensive €800 million productivity program and the spin-off of its Ice Cream division by the end of 2025. Post-separation, Unilever will concentrate on four main Business Groups: Beauty & Wellbeing, Personal Care, Home Care, and Foods, previously known as Nutrition. These groups will be propelled by 30 Power Brands across 24 key markets,…

US S&P Global Composite PMI rose to 55.3 in November’s flash estimate from 54.1 in October, showing that the business activity in the US’ private sector continued to expand at an accelerating pace.  S&P Global Manufacturing PMI improved to 48.8 from 48.5, highlighting an ongoing contraction, while the Services PMI rose to 57 from 55. Assessing the survey’s findings, “the business mood has brightened in November, with confidence about the year ahead hitting a two-and-a-half year high,” Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said. “The prospect of lower interest rates and a more probusiness approach from the incoming administration has…

Yu Xian, founder of the blockchain security firm Slowmist, has raised alarms about a rising threat known as AI code poisoning. This attack type involves injecting harmful code into the training data of AI models, which can pose risks for users who depend on these tools for technical tasks. The incident The issue gained attention after a troubling incident involving OpenAI’s ChatGPT. On Nov. 21, a crypto trader named “r_cky0” reported losing $2,500 in digital assets after seeking ChatGPT’s help to create a bot for Solana-based memecoin generator Pump.fun. However, the chatbot recommended a fraudulent Solana API website, which led…

Barbara Corcoran says it’s “disturbing” how young people are being locked out of the housing market.The “Shark Tank” investor pointed to first-time buyers getting older and losing out to cash buyers.Corcoran said Trump-fueled inflation and stubborn rates are risks, and she doesn’t see a bubble.High prices, steep mortgage rates, and fierce competition are locking young people out of becoming homeowners, Barbara Corcoran says.The “Shark Tank” investor and real-estate tycoon pointed to “disturbing” data from the 2024 NAR Profile of Home Buyers and Sellers during a recent interview on “Cavuto: Coast to Coast” on the Fox Business Network.The founder of The…

I thought I’d retire at 65 or 70, sell my house, and relax. Instead, I bought an RV at 57.My wife and I built a slab for our RV on my son’s property to be near family when we want.But we spend a lot of the year traveling around the US. It’s not what I planned, but it’s great.I’d spent years as an executive in Southern California, and I had a retirement plan in place for quite some time. I planned to work until I was 65 or 70, sell my big house, downsize, and live off the proceeds of…

(Reuters) -Honeywell said on Friday it would sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash. The PPE business is part of the company’s industrial automation segment and the deal is expected to close in the first half of 2025. The diversified industrial giant is facing a push from activist investor Elliott Investment to split its aerospace and automation businesses.

Crude Oil sees its potential of booking a 5% gain evaporate with a stronger US Dollar punishing commodities. Russia has put a Polish military base on top of its target list for the next retaliation.  The US Dollar Index broke a fresh two-year high after preliminary European PMIs cast a recession shadow over Europe. Crude Oil price dips lower with a stronger US Dollar turning into a setback for commodities across the board, despite ramped up tensions between Russia and Ukraine. Both countries are rushing to get the tactical upper hand ahead of possible resolution talks once President-elect Donald Trump takes office…

This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5. In the last bull market, XRP reached almost $2 before sellers took over the price action. The current all-time high is $3.3, which could signal that this cryptocurrency has plenty of room to run. Buyers will have to break above $1.6 and $2 before they can hope to aim for $3 or more. Looking ahead, XRP’s rally continues to show strength,…

Comedian Kumail Nanjiani said working out is a key part of his self-care routine on tour.He books hotels based on which have the best gym, including machines like a leg press.Nanjiani said he steers clear of hotels that don’t put much effort into their gyms.Kumail Nanjiani said making time to hit the gym is a big priority even as he’s juggling a busy schedule for his stand-up tour.”I love it very much. I need it. I can’t do without working out now and I do it most days when I’m on the road,” Nanjiani told Business Insider in an interview…