triggers Archives - NEWS TV USA

Foxconn/Apple: China’s Covid failure triggers golden goodbyes for workers

Workers at Apple’s largest iPhone factory in China have the chance to score the single biggest short-term payout in Foxconn’s history. Just weeks after the Taiwanese group offered bonuses to recruit workers, it is offering them bonuses to leave. The phrase “rising labour costs” does not begin to describe the challenges confronting the devices maker, … Read more

FTX collapse triggers second thoughts on Busan City’s crypto exchange plans

The FTX crash appears to have affected not only companies and investors but also entire cities that previously became partners of the troubled cryptocurrency exchange. South Korea’s second-largest city, Busan, is reportedly reconsidering its plans to build a local crypto exchange as a consequence of the FTX collapse, the local news agency Yonhap reported on … Read more

Bitcoin slumps as FTX meltdown triggers fears of contagion

The collapse of FTX Trading earlier this month has weighed heavily on the price of bitcoin, the world’s most popular cryptocurrency. Bitcoin fell to a two-year low of $15,480 early Tuesday and has tumbled nearly 18% in November. Beyond the sudden collapse of FTX, one of the world’s biggest crypto exchanges, analysts warn of a … Read more

Strong quake triggers panic in Türkiye — RT World News

The jolt left at least 22 people with injuries in a region east of Istanbul, officials said A powerful 6.1-magnitude earthquake has rocked Türkiye’s northwestern Duzce province, injuring several people – including one said to be in serious condition – and knocking out electricity across the region The quake struck early on Wednesday morning and … Read more

Earthquake triggers tsunami alert for Pacific islands — RT World News

A powerful magnitude 7.0 earthquake struck near the Solomon Islands, with the Pacific Tsunami Warning Center saying that hazardous waves are possible for several islands in the region, including Papua New Guinea and Vanuatu. The quake struck around 2am GMT on Tuesday some 56 kilometers (35 miles) southwest of the capital, Honiara, followed by a … Read more

Ohio’s Intel project triggers housing fears in tight market

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Andrew Welsh-huggins Publishing date: Nov 19, 2022  •  50 minutes ago  •  6 minute read Join the conversation Article content COLUMBUS, Ohio (AP) — Intel’s announcement earlier this year of a $20 billion manufacturing operation bringing thousands of jobs to rural Ohio was greeted … Read more

FTX meltdown triggers FINRA into probing crypto comms

The Financial Industry Regulatory Authority (FINRA), the American self-regulatory organization, has launched an examination into the firm’s retail communications concerning crypto products and services offered by them. The regulatory body, in an official notice, announced that it is launching a targeted exam on firms on how they handled retail communications between July 1 and the end of … Read more

Indian-origin minor girl abducted in S Africa’s Cape Town, triggers protests by residents

The abduction of an eight-year-old Indian-origin girl in South Africa’s Cape Town and the alleged inaction of the police in probing the case has triggered protests by the residents of the city. Abirah Dekhta, a student of Rylands Primary School, was abducted on the morning of November 4 from her school transport vehicle by some … Read more

Moderna Covid booster better against omicron BA.5, triggers response against BQ.1.1

Moderna’s new Covid booster triggered a stronger immune response against omicron BA.5 and also appears to work against the emerging BQ.1.1 subvariant, according to the company. Moderna, in clinical trial data published Monday, found that the new booster triggered five times more antibodies against omicron BA.5 than the old vaccines in people with prior Covid … Read more

Crypto: What’s next as FTX collapse triggers ‘Lehman moment’?

London CNN Business — The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big ones loom: How far will the damage spread? … Read more