Li Ning collaborates with HongShan to form a shared venture as reported by Investing.com

Li Ning collaborates with HongShan to form a shared venture as reported by Investing.com

Li Ning Company Limited (“Li Ning” or the “Company”) has announced that its subsidiary, LN Co, has entered into a Subscription and Shareholders’ Agreement with Founder Co, HongShan Venture, HongShan Motivation, and the JV Company for the formation of a joint venture in the British Virgin Islands. The JV Group’s main objective will be to … Read more

Asia FX remains quiet, yuan holds steady following China’s interest rate reduction as reported by Investing.com

Asia FX remains quiet, yuan holds steady following China’s interest rate reduction as reported by Investing.com

Investing.com– Most Asian currencies were trading within a narrow range on Monday, with the yuan holding steady after the People’s Bank of China cut interest rates slightly more than anticipated. Meanwhile, the dollar remained close to recent highs. Regional currencies had been under pressure in recent weeks as expectations of smaller U.S. interest rate cuts … Read more

Title: Explosions reported in Lebanon after Israel pledges to target Hezbollah’s economic locations

Title: Explosions reported in Lebanon after Israel pledges to target Hezbollah’s economic locations

The Israeli military has warned residents in 24 areas in Lebanon – including 14 in the capital Beirut – that it plans to carry out strikes in the coming hours and throughout the night. The Israel Defense Forces (IDF) said it would target banks and other financial infrastructure supporting Hezbollah. A BBC correspondent in Beirut … Read more

Israel promises to target Hezbollah’s financial locations as new explosions are reported in Lebanon

Israel promises to target Hezbollah’s financial locations as new explosions are reported in Lebanon

In a statement on Sunday evening, IDF spokesman Rear Adm Daniel Hagari warned that “anyone located near sites used to fund Hezbollah’s terror activities must move away from these locations immediately”. “We will strike several targets in the coming hours and additional targets throughout the night,” he said. “In the coming days, we will reveal … Read more

Fatalities reported as floods impact flatlands in northeast Italy

Fatalities reported as floods impact flatlands in northeast Italy

An “avalanche of water” in northeast Italy claimed one life and left swathes of the Emilia-Romagna region under water Sunday, local officials said. Heavy overnight rain and flooding swept through the flatland already battered by extreme weather as recently as last month. Regional authorities said the deluge hit around the city of Bologna and outlying … Read more

87 people killed in northern Gaza airstrike reported by Gaza health ministry, according to Reuters

87 people killed in northern Gaza airstrike reported by Gaza health ministry, according to Reuters

By Nidal al-Mughrabi CAIRO (Reuters) – The health ministry in the Palestinian enclave of Gaza reported that a total of 87 individuals were killed or missing under the rubble following an Israeli attack on the town of Beit Lahiya in northern Gaza on Saturday. Additionally, more than 40 people were wounded in the attack. The … Read more

XRP potentially avoiding Death Cross as Bitcoin nears $70,000 milestone with a hitch, significant Dogecoin progress reported by U.Today

XRP potentially avoiding Death Cross as Bitcoin nears ,000 milestone with a hitch, significant Dogecoin progress reported by U.Today

XRP’s price action has been showing signs of strength recently, suggesting that the anticipated death cross may not occur after all. A death cross happens when a short-term moving average crosses below a long-term moving average, typically indicating bearish momentum. However, XRP’s recent performance indicates a potential reversal in trend. The 200-day EMA is a … Read more

North Korea Claims Recovery of Downed South Korean Military Drone, According to KCNA Reported by Reuters

87 people killed in northern Gaza airstrike reported by Gaza health ministry, according to Reuters

North Korea claimed on Saturday that it had found the remains of a crashed South Korean military drone, indicating that it may have been on a propaganda mission as part of the ongoing tensions between the two countries involving flying objects crossing the border. According to the state news agency KCNA, the shape of the … Read more

Dozens reported killed in Jabalia due to air strike in Israel-Gaza conflict

Dozens reported killed in Jabalia due to air strike in Israel-Gaza conflict

He was speaking as he left the German capital Berlin, where he had met German, French, and British leaders. According to a statement from Gaza’s Hamas-run government media office, Friday’s airstrike also injured more than 85 people, some seriously, as homes belonging to three families in the camp were hit. The final death toll could … Read more

Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

U.S. health insurer Cigna Group has reportedly reignited discussions to merge with smaller competitor Humana, according to sources familiar with the matter. This comes after the company had previously abandoned the pursuit late last year. The two companies have recently engaged in informal talks about the potential deal. Following this news, shares of Humana, which … Read more