By Nidal al-Mughrabi
CAIRO (Reuters) - Hamas chief Ismail Haniyeh blamed Israel on Wednesday for a deadlock in Gaza ceasefire negotiations and reiterated key demands including that any agreement provide a framework for a permanent end to Israel's offensive in the enclave.
Earlier this month, the Palestinian group said it agreed to a truce proposal from Qatari and Egyptian mediators that Israel previously accepted.
Israel... (continue reading...)
(Reuters) - Cisco Systems forecast fourth-quarter revenue above Wall Street estimates on Wednesday as the network equipment maker benefits from a pick up in enterprise spending and easing supply chain constraints.
The company forecast fourth-quarter revenue between $13.4 billion and $13.6 billion, compared with analysts' estimates of $13.23 billion, according to LSEG data.
(Reporting by Juby Babu in Mexico City; Editing by Shounak Dasgupta)
WASHINGTON (Reuters) - The U.S. military has started moving a pier towards the Gaza coast, a U.S. official said on Wednesday, one of the last steps before the launch of a maritime port promised by President Joe Biden to speed the flow of humanitarian aid to Palestinians.
The U.S. military opted to pre-assemble the maritime pier at Israeli port of Ashdod earlier this month due to weather conditions at the Gaza site where it will now be installed.
... (continue reading...)By Matt Tracy
(Reuters) - Global corporate debt defaults more than doubled in April from March to their highest monthly tally since October 2020, according to a report from S&P Global Ratings.
April saw 18 defaults globally, led by the 10 U.S. defaults worth $7.1 billion, according to the S&P report published on Monday. These include the bankruptcies of IT provider ConvergeOne Holdings and fashion retailer Express Inc.
... (continue reading...)By Carolina Mandl
NEW YORK (Reuters) - Bridgewater Associates piled into six of the so-called Magnificent Seven megacap U.S. stocks in the first quarter, making an $800 million bet on Google-parent Alphabet while avoiding struggling shares of electric car-maker Tesla, securities filings showed.
The hedge fund founded by legendary investor Ray Dalio ended March with 5.4 million shares of Alphabet worth $810.3 million at the end of the... (continue reading...)
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