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Next Hikes Profit Forecasts Again

Next raised its pretax profit guidance for fiscal 2024 after sales in the pre-Christmas business period were better than expected.

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BAE to Restart Howitzer Production to Meet Rising Demand

The British defense company said it will resume making M777 Howitzer parts for the U.S. Army after the big gun’s success in Ukraine.

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Telefonica to Lay off Employees in Spain

Telefonica said it reached a collective bargaining agreement with unions to lay off up to 3,421 employees in Spain, following the company’s restructuring plan.

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Consortium Led by Czech Billionaire Kretinsky to Own 53.7% of Casino

Casino said a consortium led by Daniel Kretinsky will control 53.7% of the company, while existing shareholders will be massively diluted, when the restructuring plan is complete.

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Nikkei Falls 0.5%, Tracking Wall Street Losses

Japan’s Nikkei Stock Average fell 0.5% to close at 33288.29 on its first trading day of 2024, in line with Wall Street losses overnight.

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Ex-Kentucky clerk who refused to issue same-sex marriage licenses must pay $260,000

The federal judge’s ruling on Kim Davis is in addition to $100,000 in damages a jury said the former Rowan County clerk should pay the couple who sued.

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Father, son arrested in connection with Savanah Soto, Matthew Guerra murder case – KSAT San Antonio

Father, son arrested in connection with Savanah Soto, Matthew Guerra murder case  KSAT San Antonio Arrest made in killings of pregnant Texas teen and her boyfriend, police say  CNN Father, son arrested in shooting deaths of pregnant Texas teen and boyfriend  Yahoo News

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Court documents naming Jeffrey Epstein’s associates unsealed – ABC News

Court documents naming Jeffrey Epstein’s associates unsealed  ABC News Jeffrey Epstein documents unsealed, naming Prince Andrew and former President Clinton  CNN Epstein list live: Prince Andrew and Bill Clinton among those named in court documents  Yahoo News UK Jeffrey Epstein list: Court unseals

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USD/SGD Steady as Traders Reassess Fed Rate-Cut Expectations

USD/SGD was trading steadily in the afternoon Asian session as traders reassess aggressive Fed rate-cut expectations.

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Killing of Hostages Leads Israelis to Question How Army Conducts Battle

Israel’s military said that soldiers who shot hostages, while they waved a white flag, violated its rules of engagement. Human rights activists say the rules are good, but enforcement is lax.

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