Author: Bella Hayes
(Reuters) – U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock of their portfolios and looked for a boost for the final month of the year from the so-called Santa Claus rally. Heavyweight Nvidia (NASDAQ:) dropped 1.1% in premarket trading, while Google-parent Alphabet (NASDAQ:) shed 0.5%. At 05:03 a.m., E-minis were down 146 points, or 0.33%, E-minis were down 26.75 points, or 0.44% and E-minis were down 118.75 points, or 0.54%. Markets in London and parts of Asia were closed on Thursday. The S&P 500 and the wrapped up…
Investing.com — Japan Airlines Co Ltd (TYO:) experienced flight cancellations and delays on Thursday following a cyberattack that disrupted its network, the company announced. Over 60 flights, including 11 international routes, were delayed by at least 30 minutes as of 7 a.m. GMT. Additionally, two domestic flights were canceled, the airline reported. The disruption stemmed from issues with network equipment connecting internal and external systems. By the afternoon, Japan Airlines said it had identified the problem and restored its systems. The carrier explained that the network disruption was caused by an influx of data but confirmed there was no breach of…
Five years on, the pioneering drama brand remains the benchmark for suspense BEIJING, Dec. 26, 2024 /PRNewswire/ — iQIYI, China’s leading online entertainment platform, announced this month the return of its acclaimed “Light On Theater,” celebrating the fifth anniversary of this suspense-themed drama brand. Featuring seven new titles with star-studded casts and renowned production teams, the lineup is set to reinforce iQIYI’s leadership in suspense storytelling and highlight the success of its genre-driven model.The new slate follows the distinctive style of “Light On Theater” with gripping narratives and rich character development as a lens to explore the depth of human…
By Emily Chow and Alex Lawler SINGAPORE/LONDON (Reuters) -Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in inventories. Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, Reuters reported on Tuesday, citing two sources, as Beijing ramps up fiscal stimulus to revive a faltering economy. futures rose 39 cents, or 0.5%, to $73.97 a barrel by 0917 GMT. U.S. West Texas Intermediate crude was at $70.46, up…
BEIJING, Dec. 26, 2024 /PRNewswire/ — iHuman Inc. (NYSE: IH) (“iHuman” or the “Company”), a leading provider of tech-powered, intellectual development products in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 HighlightsRevenues were RMB239.4 million (US$34.1 million), compared with RMB261.5 million in the same period last year.Gross profit was RMB163.9 million (US$23.4 million), compared with RMB186.6 million in the same period last year.Operating income was RMB20.7 million (US$2.9 million), compared with RMB40.4 million in the same period last year.Net income was RMB25.1 million (US$3.6 million), compared with RMB51.9 million…
Continued Excellence in Environmental, Social, and Governance Leadership Recognized LAUSANNE, Switzerland & SAN JOSE, Calif.–(BUSINESS WIRE)–Logitech International (SIX: LOGN) (: LOGI) has been selected for inclusion in the Jones Sustainability Index (DJSI) for Europe for the fifth consecutive year. The company’s ambitious climate action strategy, including its actions to reduce 50% indirect carbon emissions by 2030, drives transparency and accountability at Logitech (NASDAQ:). Inclusion on the prestigious Dow Jones Sustainability Index for Europe is a testament to our unwavering commitment to action and designing for sustainability, said Prakash Arunkundrum, chief operating officer at Logitech. Consumers and businesses increasingly rank sustainability…
Investing.com– Bitcoin struggled for direction on Thursday and moved in a tight range after two consecutive sessions of gains, while investors were cautious due to macroeconomic pressures after the U.S. Federal Reserve’s hawkish shift. was 0.1% weaker at $98,124.6 by 01:35 ET (06:35 GMT). It fell below the key $100,000 mark last week after the Fed officials signaled a slower pace for future cuts. Bitcoin loses momentum after two straight days of gains The token rose nearly 5% in the previous two sessions but failed to continue the positive momentum on Thursday as investors were cautious about the outlook for…
By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week with little news or data in the way to alter their direction of travel, while the dollar was perched near a two-year high. As the year-end approaches, trading volumes have begun thinning out and the main focus for investors remains that of the Federal Reserve’s rate outlook. Markets in Hong Kong, Australia and New Zealand were closed for a holiday on Thursday. Since Fed Chair Jerome Powell primed markets for fewer rate cuts next year at the central…
Unveiling Comprehensive Automotive Display Solutions to Drive Next-Generation Smart Cabin InnovationTAINAN, Taiwan, Dec. 26, 2024 (GLOBE NEWSWIRE) — Himax Technologies (NASDAQ:), Inc. (Himax or Company) (: HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced the Company will showcase the industry’s most comprehensive automotive display solutions, featuring image processing and touch IC functionalities for LCD and OLED technologies at CES 2025. During the event, Himax will highlight key advancements, including the debut of its latest, third-generation automotive TDDI solution, the HX83195 series, enabling innovative applications, and showcase the HX8530 series OLED on-cell touch IC, underscoring…
New York, New York–(Newsfile Corp. – December 25, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Aehr Test Systems (NASDAQ: AEHR) between January 9, 2024 and March 24, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline. SO WHAT: If you purchased Aehr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Aehr class action, go to https://rosenlegal.com/submit-form/?case_id=31986 or call…
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