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The NBA Cup, formerly known as the In-Season Tournament, begins knock-out stage play on Tuesday.NBA ratings are down 17% so far this season, but NBA Cup games have outperformed the general trend.League executives say they aren’t sweating lower ratings and are excited about the NBA Cup.The NBA is battling an…
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) -Russia’s sanctions-hit, militarized economy is expected to slow next year and banks’ profits will fall, while the benchmark interest rate may climb to 23% by the end of this year, Andrei Kostin, CEO of Russia’s second-largest lender, VTB, said. Kostin predicted that…
By Richard Valdmanis (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely to dramatically slow the U.S. renewable energy boom. That is…
As a night owl, Sophie Daquis felt exhausted by working a rigid 9-to-5 schedule.She started cutting down on social obligations and carving out more time for hobbies.Daquis saved up enough to transition to part-time while starting a YouTube channel. This as-told-to essay is based on a conversation with Sophie Daquis,…
By Deena Beasley LOS ANGELES (Reuters) – Student Zoe Davis, 20, was just weeks into her junior year when she landed back in the hospital with severe sickle cell pain earlier this month. She is doing what she can to prevent the crippling attacks in her arms, legs and abdomen…
By Tim Hepher PARIS (Reuters) – Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over its ability to hit a revised annual target, analysts and industry sources said. In July, Airbus issued a profit warning and lowered its full-year delivery target to…
By Mei Mei Chu BEIJING (Reuters) – China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms expanded in recent years, forcing smaller farmers out of business and squeezing shipments into the world’s top importer. China’s milk surplus illustrates the…
BEIJING (Reuters) -China’s leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected rebound in international travel, domestic oversupply, and more intense competition as aviation capacity returns globally. China’s top three airlines – Air China (OTC:), China Southern Airlines and China Eastern Airlines…
By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some output cuts from October, a Reuters poll found. The poll of 37 analysts…
By Arathy Somasekhar HOUSTON (Reuters) – oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand remains sluggish. Crude oil exports from U.S. ports averaged about 4.2 million…