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Bank of England holds interest rates at a 15-year high despite worries about the economy

Published Tue, 25 Feb 2025 01:26:26 GMT

LONDON (AP) — The Bank of England kept borrowing rates unchanged Thursday despite mounting worries over the state of the British economy, and it showed little sign that it is contemplating cutting them anytime soon — unlike the U.S. Federal Reserve.The central bank left its main interest rate at a 15-year high of 5.25%, where it has stood since August following the end of nearly two years of hikes. Six of the nine members of the Monetary Policy Committee voted to keep rates on hold while three wanted a quarter-point hike — a clear signal to the markets that rate cuts are not on the agenda yet.That was backed up by bank Gov. Andrew Bailey, who said in a statement that interest rate policy would likely have to remain “restrictive for an extended period of time.”The Bank of England has managed to get inflation down from a four-decade high of over 11% — but there’s still a ways to go for it to get back to the bank’s 2% target. Inflation, as measured by the consumer price ind...

Jabil: Fiscal Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 01:26:26 GMT

ST PETERSBURG, Fla. (AP) — ST PETERSBURG, Fla. (AP) — Jabil Inc. (JBL) on Thursday reported fiscal first-quarter earnings of $194 million.The St Petersburg, Florida-based company said it had net income of $1.47 per share. Earnings, adjusted for one-time gains and costs, came to $2.60 per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share.The electronics manufacturer posted revenue of $8.39 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $8.35 billion.For the current quarter ending in February, Jabil expects its per-share earnings to range from $1.73 to $2.13.The company said it expects revenue in the range of $7 billion to $7.6 billion for the fiscal second quarter.Jabil expects full-year earnings to be $9 per share, with revenue expected to be $31 billion._____This story was generated by Automated Insights (http://auto...

Putin says there will be no peace in Ukraine until his goals, still unchanged, are achieved

Published Tue, 25 Feb 2025 01:26:26 GMT

Russian President Vladimir Putin speaks during a meeting with judges of the Constitutional Court of the Russian Federation marking the national holiday celebrated on December 12 - Constitution Day, at the Novo-Ogaryovo State residence outside Moscow, Russia, Tuesday, Dec. 12, 2023. (Mikhail Tereshchenko, Sputnik, Kremlin Pool Photo via AP)(AP/Mikhail Tereshchenko) Russian President Vladimir Putin speaks during a meeting with judges of the Constitutional Court of the Russian Federation marking the national holiday celebrated on December 12 - Constitution Day, at the Novo-Ogaryovo State residence outside Moscow, Russia, Tuesday, Dec. 12, 2023. (Mikhail Tereshchenko, Sputnik, Kremlin Pool Photo via AP)(AP/Mikhail Tereshchenko) ...

Putin says Russia is in dialogue with the US on exchanging jailed Americans Gershkovich and Whelan

Published Tue, 25 Feb 2025 01:26:26 GMT

MOSCOW (AP) — Russian President Vladimir Putin said Thursday Moscow is in dialogue with with the United States on the issue of bringing home jailed Americans Paul Whelan and Evan Gershkovich and the Kremlin hopes to “find a solution,” even though “it’s not easy.” Putin spoke about Whelan and Gershkovich during his year-end press conference in response to a question about a recent offer the Biden administration made to secure the two men’s release. The U.S. State Department reported it earlier this month, without offering details, and said Russia rejected it. Putin said that Moscow is not refusing to bring the two Americans back home, wondering somewhat rhetorically in passing: “Why would they commit offenses on Russian soil?”“We have contacts on this matter with our American partners, there’s a dialogue on this issue. It’s not easy, I won’t go into details right now. But in general, it seems to me that we’re speaking a language each of us understands,” he continued...

Yannick Noah will captain France’s men’s wheelchair tennis team at Paralympic Games

Published Tue, 25 Feb 2025 01:26:26 GMT

PARIS (AP) — Yannick Noah will lead the France men’s wheelchair tennis team at the Paris Paralympic Games next year, the French Tennis Federation said on Thursday.Noah, a celebrity in his home country, guided France to Davis Cup titles in 1991, 1996 and 2017. He also captained France to victory in the Fed Cup in 1997.“Yannick Noah is today named captain of the French men’s wheelchair tennis team,” the federation said. “His mission will include leading Les Bleus to victory at the Paris 2024 Paralympic Games.”Wheelchair tennis will take place from Aug. 30-Sept. 7 next year at Stade Roland Garros, where Noah became the last Frenchman to win a Grand Slam tournament in 1983. “It’s an extraordinary human adventure,” Noah said. “The guys are fantastic. We’re only eight months away from the Games and, for the time being, our aim is to improve on a daily basis. The aim is to put them in the best possible conditions for the week of the tournament, and to perform at their best.”___AP Olympics:...

Captain Lautaro and Inter Milan keen to upgrade contract in season

Published Tue, 25 Feb 2025 01:26:26 GMT

MILAN (AP) — World Cup winner Lautaro Martínez has two targets: To score 100 goals this season and to renew his contract with Inter Milan.One is more realistic than the other.Inter is in discussions with its star striker on a new five-year contract and when asked if it could be sorted before the new year, Lautaro said he would gladly sign a new deal “tomorrow” and is very close to finalising the details.Lautaro was in buoyant mood in the recent interview with Italian broadcaster Sportmediaset, which also asked him if he had a goalscoring target for this season.“Let’s say 100,” the Argentina international responded with a laugh.“I like to score a lot but the important thing is that Inter wins. My aim is to go up a level every year.”Lautaro has certainly stepped up this year and has grown further after being handed the captain’s armband by Inter in the summer.While 100 goals should be out of reach, breaking the Serie A goal-scoring record of 36 could be a distinct possibility.Lautaro ...

Putin advierte que no habrá paz en Ucrania hasta que logre su objetivo

Published Tue, 25 Feb 2025 01:26:26 GMT

MOSCÚ — El presidente de Rusia, Vladimir Putin, advirtió este jueves que los objetivos de Moscú en Ucrania no han cambiado y que no habrá paz hasta alcanzarlos.Putin, que lleva casi 24 años en el poder y anunció hace poco que se presentará a la reelección, fue recibido con aplausos a su llegada a la sala en el centro de Moscú, a escasa distancia del Kremlin, en su conferencia de prensa de final de año.Este año los ciudadanos de a pie tenían la oportunidad de hacer preguntas por teléfono, además de las formuladas por periodistas, y los ciudadanos llevaban dos semanas enviando preguntas. Era la primera vez que el presidente, que ha limitado mucho sus interacciones con medios extranjeros, podría recibir varias preguntas de periodistas occidentales desde antes de que comenzaran los combates en Ucrania. Convocan elecciones presidenciales para marzo de 2024 en Rusia: ¿irá Putin por su 5to mandato? “Tiene un gran interés por los cohetes”: dice Putin...

Few US adults would be satisfied with a possible Biden-Trump rematch in 2024, an AP-NORC poll shows

Published Tue, 25 Feb 2025 01:26:26 GMT

FILE - U.S. President Donald Trump, left, and Democratic presidential candidate former Vice President Joe Biden attend the second and final presidential debate Oct. 22, 2020, at Belmont University in Nashville, Tenn. Relatively few Americans are excited about a potential rematch of the 2020 election between President Joe Biden and Donald Trump. But more Republicans would be happy to have Trump as their nominee than Democrats would be with Biden. That's according to a new poll from The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Patrick Semansky, File)(AP/Patrick Semansky) FILE - U.S. President Donald Trump, left, and Democratic presidential candidate former Vice President Joe Biden attend the second and final presidential debate Oct. 22, 20...

Bank of England keeps its main interest rate at a 15-year high despite mounting worries about the British economy

Published Tue, 25 Feb 2025 01:26:26 GMT

LONDON (AP) — Bank of England keeps its main interest rate at a 15-year high despite mounting worries about the British economy.Source

JonBenét Ramsey's father: Make murder of children a federal crime 

Published Tue, 25 Feb 2025 01:26:26 GMT

(NewsNation) — The father of JonBenét Ramsey, a 6-year-old Colorado girl who was mysteriously killed in 1996, is determined to make sure alleged mistakes made in his daughter's investigation won't be repeated. John Ramsey told NewsNation's Elizabeth Vargas about a new mission: Make the murder of children a federal crime. “There was so much that could have been brought to bear to solve this crime. … Big egos and inexperienced, poor leadership ended up in a tragedy, frankly, for our family,” John Ramsey said. 3 Colorado murders that made national headlines Six-year-old JonBenét was found dead in the basement of her home on Dec. 26, 1996. Several hours before, her mother had called 911 to say her daughter was missing and that a ransom note was left behind. While JonBenét's death was ruled a homicide, no one was ever prosecuted. Currently, murder is a federal crime only in some circumstances, such as if a senator or federal law enforcement officer is killed. JonBenét Ramsey’s fathe...