FSN Radio Feed

Tuesday, January 17, 2023

Dow drops sharply on bank earnings

The Dow Jones posted steep losses Tuesday following earnings from
several major U.S. banks.

Goldman Sachs was the major catalyst after releasing its worst
earnings results in a decade.

William Denselow reports from New York.

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Elon Musk trial over Tesla tweet begins

Elon Musk is facing claims of securities fraud in a civil lawsuit over a tweet claiming that he had secured funding to take Tesla private.

A group of the electric vehicle maker's shareholders say the tweet cost them billions of dollars.

Ira Spitzer has more from San Francisco where the trial is taking place.

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Rutte meets Biden amid US pressure to restrict chip exports

Dutch Prime minister Mark Rutte is meeting/has met US president Joe Biden at the White House as the US looks to persuade the Netherlands to further limit China's access to advanced semiconductors.

Russia's ongoing invasion of Ukraine is also expected to be on the agenda.

Kate Fisher reports from Washington

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FAILED GOP CANDIDATE ARRESTED FOR ALLEGEDLY ORCHESTRATING ATTACKS AGAINST DEMOCRATIC LEADERS

A failed Republican candidate in New Mexico has been arrested for allegedly being the mastermind behind a series of shootings targeting the homes of Democratic elected leaders.

Police believe the attacks were politically motivated after Solomon Pena claimed election fraud robbed him of a state House seat in the 2022 midterms.

Toni Waterman has more.

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U.S. trial set to begin for former top Mexican cop

Jury selection is slated to begin on Tuesday in New York in the trial
of Mexico's former head of law enforcement.

Genaro Garcia Luna is accused of accepting bribes from the Sinaloa
cartel to allow them to continue drug trafficking.

William Denselow reports from New York.

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Train drivers in UK set to go on strike in February

Train drivers in the UK will go on strike for two days in early February.

ASLEF, the train drivers' union, rejected a pay offer from rail companies, saying it "could not ever be acceptable."

Giles Gibson reports from London.

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EU plans clean tech investment boost to rival US, China

The European Union will roll out new legislation to boost investment in clean technology in a bid to compete with the United States and China.

In a speech at the World Economic Forum on Tuesday, European Commission President Ursula von der Leyen said the bloc was facing attempts to lure industries away from Europe.

Rosie Birchard has more.

In: Brussels' new plan

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Duration: 00:42 (includes SOT)

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Nigeria's Inflation Falls For First Time After 10 Months of Increases

INTRO

Nigeria's inflation dipped in December to 21.34 per cent from 21.47 per cent in November after 10 straight monthly increases, according to the National Bureau of Statistics (NBS).

The drop in the inflation rate comes as the Central Bank's Monetary Policy Committee prepares to meet for the first time this year.

At the meeting, scheduled for next week, the MPC as part of efforts to tame inflation would decide on interest rates in Africa's largest economy.

Ajeck Mangut reports from Abuja.

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UK WAGES RISE BELOW INFLATION RATE

UK wages are rising at their fastest in over two decades, according to new data, but still behind inflation.

Regular pay rose 6.4% on an annual basis between September and November.

The statistics also show 467,000 working days lost were lost due to strikes in November 2022, which is the highest number in more than a decade.

Darren Morgan from the Office for National Statistics says the data shows some clear trends.

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Rescue operations marred by tricky terrain in Nepal's Pokhra

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Rescue operations are continuing in Nepal’s Pokhara after the plane crash that killed at least 69 people out of the 72 onboard.

The debris of the plane is lodged in 300 feet deep gorge – making it difficult for rescue workers to search for the three passengers who’re still unaccounted for.

Ishan Garg has more from New Delhi.

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Japan marks 28 years since Kobe earthquake

Japan is marking the 28th anniversary of the fatal Kobe earthquake with the first large-scale ceremony since before the pandemic.

The earthquake struck the port city in Western Japan on January 17 1995, killing nearly 6-and-a-half thousand people (6434).

Chris Gilbert reports from Tokyo.

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Monday, January 16, 2023

Number of nations helping Myanmar produce weapons

A new report suggests that companies across a number of nations are
helping Myanmar's military create weapons that are being used on its
own people.

Thousands of people are believed to have died in protests following
the military's takeover in 2021.

William Denselow reports from UN headquarters in New York.

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White House says no visitor logs exist for Biden's Delaware Home after documents discovery

The White House says there are no visitor logs for Joe Biden's Delaware home after the discovery of yet more classified records.

Republicans demanded to see a list of people who've visited the premises and accused the US President of hypocrisy because he criticized Donald Trump when his Florida home was raided by the FBI in search of sensitive material.

Our Washington correspondent Benji Hyer has more...

In: "What we understand..."
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Yellen to meet Chinese Counterpart at Davos

The US treasury secretary Janet Yellen is set to meet with her Chinese counterpart Vice Premier Liu He at the World Economic Forum in the Swiss resort of Davos this week.

Wednesday's meeting will be the first time Yellen and Liu have met face to face.

Our Washington Correspondent Jagruti Dave reports.

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TEACHERS IN ENGLAND AND WALES TO STRIKE

Teachers in England and Wales are set to go on strike in February and March.

Union members voted in favour of industrial action in a dispute over pay.

Olly Barratt reports from London.

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HISTORY MADE AT MISS UNIVERSE PAGEANT

A Filipina-American has won the Miss Universe pageant for the first time. Texas native R'Bonney Gabriel (prono: R-BO-NEE) beat 83 other women from around the world to take the crown on Saturday night.

But her victory comes after allegations that the Miss USA pageant, which preceded this competition, was rigged in her favor.

Toni Waterman has more.

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NEAR CRASH AT JFK

The US Federal Aviation Administration has launched an investigation
into a near plane crash at JFK airport in New York.
The incident occurred on Friday.
Jody Jacobs has more details.

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