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☆ Some Gazans Say U.S. Campus Protests Give Them ‘Hope’
▼ + stars: | 2024-05-01 | by ( Hiba Yazbek | More About Hiba Yazbek | ) www.nytimes.com time to read: +2 min

Thousands of miles away from the campus protests that have divided Americans, some displaced Palestinians are expressing solidarity with the antiwar demonstrators and gratitude for their efforts. “Thank you, American universities,” read one message captured on video by the Reuters news agency. “Thank you, students in solidarity with Gaza your message has reached” us, read another nearby. The protesters have been calling for universities to divest from companies with ties to Israel, and some have vowed not to back down. “I’ve lived my whole life in Gaza Strip and I’ve never felt hope like now,” said Ms. Owda.

Persons: ”, Benjamin Netanyahu, Israel, Mohammed al, Akram al, Bisan, “ I’ve, I’ve, Owda, Nader Ibrahim Organizations: Reuters, Columbia University, Al, Azhar University Locations: Rafah, Gaza, United States, Israel, America, London

Rafah CNN —Dozens of Palestinian students and children staged a display of solidarity at a demonstration in southern Gaza on Sunday to express gratitude for the support seen on US college campuses in recent weeks. “Thank you, students in solidarity with Gaza. We can’t write these thank you messages on the walls of our homes because we have no homes. A man in Rafah, Gaza, writes a message of thanks to student protesters in the US on April 27, 2024. Palestinians at a demonstration in Rafah, Gaza, on April 28, 2024.

Persons: ”, Takfeer Abu, Yousuf, Beit, “, Rana Al, Taher, Bayan, Fiqhi, Tareq Alhelou, Diab Organizations: Rafah CNN, of Columbia University, CNN, Getty, UN, Al, Azhar Locations: Rafah, Gaza, Beit Hanoun, Northern Gaza, AFP, Cairo, Israel, ”

☆ They Graduated Into Gaza’s War. What Happened to Them?
▼ + stars: | 2024-04-18 | by ( ) www.nytimes.com time to read: +5 min

These college graduates in Gaza finished training just one week before the war began. They Graduated Into Gaza’s War. Photo by Ahmed al DanafThey were among Gaza’s most ambitious students. This is not the first time war has come to Gaza. Hours later, Salem said, Mouayad was killed by a rocket when he went to retrieve the bodies.

Persons: Ahmed al Danaf, ”, Israel, “, Loss, Madeha, Salem Shurrab, Mouayad Alrayyes, ” Salem, Salem, Mouayad, Aseel Taya, Sofyan, aya, asha Organizations: Al, Azhar University, Facebook, New York Times, Palestinian Ministry of Higher Education Locations: Gaza, Israel, Gaza City, Salem

☆ Malaysia Open to Extending China-Led Rail Project to Thai Border
▼ + stars: | 2024-03-28 | by ( March | At A.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia's government has said it would consider extending a $10 billion China-led rail project to its border with Thailand to boost economic ties between the Southeast Asian neighbours. Part of China's Belt and Road Initiative, the 665-kilometre (413-mile), 50.27 billion ringgit ($10.63 billion) railway is on track to connect the east and west coasts of peninsular Malaysia by the end of 2026. Malaysia's Transport Minister Anthony Loke said on Wednesday the government was open to proposals to extend the track to the border with Thailand, for further integration into existing railway networks or future infrastructure developments. Thailand also has plans to invest in a massive land bridge project in the country's south to boost growth and global trade. The bridge would bypass the congested Strait of Malacca, a narrow sea lane between Malaysia and Indonesia.

Persons: Anthony Loke, Loke, Danial Azhar, Panu, Kanupriya Kapoor Organizations: Reuters, Initiative, Malaysia's, Malaysia's Senate, Malaysian, China Communications Construction Co Locations: KUALA LUMPUR, China, Thailand, Malaysia, Malacca, Indonesia, Bangkok

☆ George Galloway: Pro-Palestinian firebrand politician wins UK byelection in blow to main opposition Labour Party
▼ + stars: | 2024-03-01 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

London CNN —Britain’s opposition Labour Party, widely expected to win a general election due to be held within months, has lost one of its safest parliamentary seats to a pro-Palestinian former party member in a chaotic by-election. Labour initially stood by Ali, only to withdraw their support but too close to the by-election to put forward another candidate. Galloway was expelled from the Labour Party in 2003 after he opposed then Prime Minister and Labour leader Tony Blair’s support for the war in Iraq. Galloway’s victory is noteworthy for the context in which it took place, but doesn’t necessarily tell us much about the general election that will take place at some point this year. It does send a warning, however, to Starmer and the Labour Party about the need to properly screen candidates, as it could be badly hurt by similar stories emerging in the run up to the general election.

Persons: London CNN —, George Galloway, Azhar Ali, Israel, Ali, Galloway, Keir Starmer, Jeremy Corbyn, Tony Blair’s Organizations: London CNN, Labour Party, Veteran, Labour, Sun, CNN, Tottenham Hotspur, North London Jewish, Champion’s League, Press TV Locations: Rochdale, Gaza, British, Galloway, Britain, Israel, Iraq, Russia, Iran, Starmer

☆ In a bizarre British by-election, a pro-Palestinian firebrand just swept to victory
▼ + stars: | 2024-03-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

ROCHDALE, England - Feb 29: Workers Party of Britain candidate George Galloway speaks after being declared the winner in the Rochdale by-election on February 29, 2024. Christopher Furlong | Getty Images News | Getty ImagesStaunchly pro-Palestinian left-wing firebrand George Galloway on Thursday won a chaotic by-election in Rochdale, northwestern England that was defined by the Israel-Gaza conflict. ROCHDALE, England - Feb. 29, 2023: A man walks past a George Galloway election sign as residents begin to vote in the Rochdale by-election on February 29, 2024 in Rochdale, England. ROCHDALE, England - Feb. 19, 2024: People walk past pro-Palestinian graffiti in Rochdale on February 19, 2024 in Rochdale, England. Christopher Furlong | Getty Images News | Getty Images

Persons: George Galloway, Christopher Furlong, firebrand George Galloway, Galloway, Paul Tully, Azhar Ali, Ali, Conservative Paul Ellison Organizations: ROCHDALE, Workers Party of, Rochdale, Getty, Labour, Workers Party of Britain, Labour Party, Conservative Locations: England, Palestinian, Rochdale, Israel, Gaza, Britain's, ROCHDALE

☆ Analysis-For Malaysian Filmmakers, Censorship Stifles Optimism After Overseas Glory
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

"This is a very good time ... where people around the world are really looking into Malaysian filmmakers. "Mentega Terbang" follows a teenage Muslim girl exploring different religions while dealing with grief. Online platforms are not covered by film censorship rules in Malaysia. Khairi and others involved in "Mentega Terbang" even received death threats at the time, media reports show. CENSORSHIPUnder Malaysian law, films intended for public viewing must be approved by the Film Censorship Board.

Persons: Oscar, Michelle Yeoh, Khairi Anwar, Malaysia's, Khairi, Badrul Hisham Ismail, Pagi Ke, Anwar Ibrahim's, Anwar, Zabidi Mohamed, Amir Muhammad, Brenda Danker, Danial Azhar, Rozanna Latiff, Himani Sarkar Organizations: Azhar KUALA LUMPUR, Reuters, Cannes, Cannes Film, Malay, Academy, Malaysian, Film, YouTube Locations: Azhar KUALA, Malaysia, Malaysian, Viu, Terengganu, Malay

Israel’s Controlled Demolitions Are Razing Neighborhoods in GazaResidential buildings demolished by Israeli forces in January near Gaza’s border with Israel. Controlled demolitions in Gaza The Times verified more than two dozen explosions in videos posted from Nov. 15 to Jan. 24. Gaza City Residential buildings Al-Qarara Rural residential area Khuza’a Residential buildings Gaza City Blue Beach Resort Gaza City Apartment buildings Al-Qarara Mosque Beit Lahia School Gaza City Residential buildings Jabaliya Al-Noor mosque Gaza City Palestine Square Beit Hanoun Two U.N. schools Bani Suheila Residential buildings Gaza City Multiple buildings Khuza’a Residential buildings Bani Suheila Mosque Gaza City Multistory building Gaza City Two-story building Bani Suheila Al-Dhilal mosque Gaza City Residential building Gaza City Residential building Khuza’a Residential buildings Juhor Ad-Dik U.N. school Al-Zahra Israa University Gaza City Residential buildings Al-Musaddar Multiple buildings Gaza City Residential buildings Al-Zahra Gaza’s Palace of Justice Bani Suheila Residential buildings Khuza’a Residential buildings Al-Qarara Rural residential area Beit Hanoun Multiple buildings Al-Mughraqa Al-Azhar University campus Bani Suheila Residential buildingsIsraeli officials, who spoke anonymously because they were not authorized to speak publicly about the issue, said that Israel wanted to demolish Palestinian buildings close to the border as part of an effort to create a security “buffer zone” inside Gaza, making it harder for fighters to carry out cross-border attacks like the ones in southern Israel on Oct. 7. Controlled demolitions in Khuza’a Gaza Strip Highlighted area destroyed over the course of at least four demolitions Location of demolitions Previously destroyed buildings Mosque 500 feet Gaza Strip Previously destroyed buildings Location of demolitions Highlighted area destroyed over the course of at least four demolitions Mosque 500 feetOne of the largest demolitions identified by The Times was carried out in Shuja’iyya, a residential neighborhood on the outskirts of Gaza City. Controlled demolition in Shuja’iyya, Gaza City Gaza Strip Previously destroyed buildings Location of demolition Highlighted area destroyed in demolition 500 feet Gaza Strip Previously destroyed buildings Location of demolition Highlighted area destroyed in demolition 500 feetIn some videos, the demolitions appear to be targeting underground infrastructure.

Persons: Bani Suheila Al, Dik U.N, Zahra, Bani, Mughraqa Al, Israel, Musaddar Jan, Khan Younis Khuza’a, Deir, Bani Suheila, Copernicus, Corey Scher, Den, Daniel Hagari, Matthew Miller, Khan Younis, ”, Marco Sassòli, “, Husam Zomlot Organizations: New York Times, Hamas, Times, Blue, Azhar University, Bani, The Times, BANK, Israa University, Copernicus Sentinel, CUNY, Center, Den Hoek of Oregon State University, State Department, Israa, U.S, University of Geneva Locations: Gaza, Gaza’s, Israel, —, Gaza City, Al, Qarara, Lahia, Noor, Palestine, Bani Suheila, Bani Suheila Mosque Gaza, Dhilal, Zahra Israa, Zahra Gaza’s, Sderot, BANK GAZA, Israa University GAZA, ISRAEL, Deir al, Bani, Rafah Rafah, EGYPT, Erez, WEST, GAZA, Med, Rafah EGYPT Rafah, Den Hoek of, Palestinian, Palestine Square, Khuza’a, Shuja’iyya, Gaza City Gaza, U.N, Israa University, Britain

☆ Malaysia Cabinet Discusses Najib Pardon Bid, but Won't Announce Outcome - Minister
▼ + stars: | 2024-01-31 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

It will be at the discretion of the Pardons Board to announce its decision, Saifuddin Nasution Ismail said at a press conference on immigration and labour issues, which was packed with media seeking news on Najib's clemency bid. Najib requested a royal pardon shortly after beginning his sentence in 2022 and after exhausting all other appeals. Najib's lawyer and representatives, as well as Malaysia's attorney-general, a member of the pardons board, did not respond to Reuters' requests for comment. "Let us not jump the gun, let us wait for an official statement to be made," Communications Minister Fahmi Fadzil said at a separate press briefing. U.S. and Malaysian investigators estimate around $4.5 billion was stolen from 1MDB, with more than $1 billion channeled to accounts linked to Najib.

Persons: Danial Azhar, Najib Razak, Saifuddin Nasution Ismail, Najib, Prime Minister's Department Zaliha Mustafa, Najib's, Fahmi Fadzil, Jho Low, Nooryana Najwa Najib, pensively, Martin Petty Organizations: Reuters, 1Malaysia Development, Prime Minister's Department, Communications, Saudi Locations: KUALA LUMPUR

☆ Malaysia Installs Sultan Ibrahim of Johor State as New King
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

KUALA LUMPUR (Reuters) - Malaysia's Sultan Ibrahim from the southern state of Johor was sworn in as the country's new king on Wednesday, taking the oath of office in a ceremony at the national palace in Kuala Lumpur. The monarchy plays a mostly ceremonial role in Malaysia, but its influence has grown in recent years, prompting the king to wield rarely-used discretionary powers to quell political instability. Sultan Ibrahim, 65, succeeds Al-Sultan Abdullah Sultan Ahmad Shah, who is returning to lead his home state of Pahang after completing his five-year tenure as king. While the monarchy is largely seen as above politics, Sultan Ibrahim has been noted for his forthrightness and outsized personality, often weighing in on the country's political issues. Known for his large collection of luxury cars and motorbikes, Sultan Ibrahim has wide-ranging business interests from real estate to mining, including a stake in Forest City - a $100-billion China-backed land reclamation and development project off Johor.

Persons: Sultan Ibrahim, Yang, Al, Sultan Abdullah Sultan Ahmad Shah, Rozanna Latiff, Danial Azhar, Martin Petty Organizations: Reuters Locations: KUALA LUMPUR, Johor, Kuala Lumpur, Malaysia, Pahang, Forest City, China

☆ Gaza: Israel’s war has cost this young woman her closest friends
▼ + stars: | 2024-01-24 | by ( Zahid Mahmood | Abeer Salman | ) edition.cnn.com time to read: +10 min

CNN —Nowara Diab was trying to drown out the sounds of airstrikes by listening to music, but it was not enough to shake the unsettled feeling in her gut. As Israel’s war approaches its fourth month, sustained bombardment by Israeli forces in Gaza has had a devastating impact on civilians there. Conditions in Gaza are a ‘living hell’At the outset of the war, Diab watched as bombs fell near her home in Gaza City. “This is a sneak peek into hell.”Maimana Jarada, left, and Nowara Diab in Gaza before October 7. Nowara Diab at the house she is staying at in Rafah, southern Gaza.

Persons: Nowara Diab, panicking, Diab, Jarada, Abraham Saidam, ” Diab, they’re, “, António Guterres, ”, “ I’m, it’s, ’, Maimana Jarada, Nowara, Abraham, Saidam, ” Saidam, King Odysseus, you’re, they’ve, Khan Younis, there’s, “ We’re, we’re Organizations: CNN, United Nations, Ministry, Israel Defense Forces, United Nations ’ Relief, Works Agency for Palestine Refugees, UN, UNICEF, Al Azhar University Locations: Rafah, Gaza, Diab, Gaza City, East

☆ Africa's richest person just opened a $19 billion oil refinery to help Nigeria reduce fuel imports
▼ + stars: | 2024-01-21 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewAfrica's richest person has opened one of the world's largest oil refineries in Nigeria. Aliko Dangote, the billionaire founder and chairman of the multinational conglomerate the Dangote Group, opened the Dangote Petroleum Refinery in a bid to help make Nigeria self-sufficient in fuel. This story is available exclusively to Business Insider subscribers. The $19 billion refinery, in the coastal city of Lekki, near Lagos, has suffered years of delays and setbacks, but it finally began production last week. This is something that the new Dangote refinery aims to change by eventually producing up to 650,000 barrels a day.

Persons: —, Aliko Dangote, Pius Utomi Ekpei, David Rubenstein, Dangote, Rafiq Raji, Raji, John Moore, Alhassan, Forbes, Rubenstein, Bill Gates, Gates, Aliko, Melinda Gates Organizations: Service, Dangote, Petroleum Refinery, Business, Dangote Petroleum, Center for Strategic, Studies, Africa, Bloomberg Global Business, West Africa's, Al, Azhar University, Dangote Cement, Bloomberg, Melinda Gates Foundation, English Premier League soccer, Arsenal Locations: Nigeria, Lekki, Lagos, AFP, New York, Nigerian, West, Egypt, Africa

☆ What the global elite are saying about AI behind closed doors
▼ + stars: | 2024-01-19 | by ( Matt Turner | ) www.businessinsider.com time to read: +8 min

AdvertisementThe annual World Economic Forum just wrapped up in Davos, Switzerland, and talk of artificial intelligence was just about everywhere. AdvertisementPlenty of companies touted their AI wares at the World Economic Forum in Davos this year. Related storiesAt Automation Anywhere, which, as its name suggests, works on automating work, the customer-service team shrank when AI was implemented. Others I spoke to agreed: Many businesses have small-scale AI experiments running, often with promising results so far. These AI projects are expensive, and not every company has the financial or human capital to pursue an ambitious AI strategy.

Persons: Matt Turner, —, Sam Altman, Rob Goldstein, copilots, Jason Girzadas, he'd, Oliver Wyman, Deb Cupp, Mihir Shukla, Ana Kreacic, Shukla, Becky Frankiewicz, Lareina Yee, WEF, Satish H.C, Mustafa Suleyman, DeepMind, Kapilashram, Azeem Azhar, Dan Vahdat Organizations: Economic, Service, Tech, Infosys, IBM, Builder.ai, Cisco, Qualcomm, Salesforce, BlackRock, Deloitte, Microsoft, Oliver Wyman Group, Standard Chartered, McKinsey, Huma Therapeutics Locations: Davos, Switzerland

Spokespeople for the banks declined to provide comment ahead of the hearing or did not respond to requests for comment. Kevin Fromer, president of the Financial Services Forum, which represents the CEOs, said he expected Basel to be a focus. Big bank CEOs have been appearing before Congress for several years after the 2007-09 financial crisis and subsequent scandals thrust the industry into Washington's crosshairs. Former Wells Fargo CEO Tim Sloan, meanwhile, resigned in March 2019 after stumbling during a hearing about the bank's regulatory woes. But after years of playing defense, the CEOs are expected to be more assertive, this time backed by Republicans critical of red tape.

Persons: Andy Cecere, William Demchak, Jamie Dimon, Jane Fraser ,, Brian Moynihan, William Rogers, Wells, Bank of America's Brian Moynihan, Citi's Jane Fraser, Wells Fargo's Charles Scharf, Goldman Sachs, David Solomon, Morgan Stanley's James Gorman, Ronald O'Hanley, BNY Mellon's Robin Vince, Sherrod Brown, Brown, Kevin Fromer, Dimon, Elizabeth Warren, Tim Sloan, meanwhile, Tim Scott, Pete Schroeder, Nupur Anand, Tatiana Bautzer, Saeed Azhar, Lananh Nguyen, Michelle Price, Nick Zieminski Organizations: U.S . Bancorp, PNC Financial Services Group, JPMorgan Chase, Co, Citigroup, Jane Fraser , Bank of America, Truist Financial, JPMorgan, Bank of America, Bank of America's, Democratic, Silicon Valley Bank, Financial Services, Big, Former Wells, Republicans, Thomson Locations: WASHINGTON, Wells Fargo, Silicon, Basel, New York

BEITUNIA, West Bank—After more than a year of detention, Azhar Assaf has finally returned to her home in the occupied West Bank. Although she doesn’t consider herself to be political, she says she owes her freedom to Hamas. Assaf and other freed prisoners, many of whom have been held without trial, are attributing their release to Hamas, with some openly praising the group. That is helping to boost Hamas’s public image among Palestinians amid a war with Israel that has left more than 15,000 dead in Gaza, mostly women and children, according to authorities in the enclave. The numbers don’t distinguish between militants and civilians.

Persons: Azhar Assaf, doesn’t, Assaf Organizations: West Bank —, West Bank Locations: Israel, Gaza

☆ Malaysia to allow visa-free entry to Chinese, Indian nationals from Dec. 1
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Lai Seng Sin/File photo Acquire Licensing RightsKUALA LUMPUR, Nov 27 (Reuters) - Malaysia will grant visa-free entry to citizens of China and India for stays of up to 30 days starting on Dec. 1, according to Prime Minister Anwar Ibrahim. According to government data, Malaysia recorded 9.16 million tourist arrivals between January and June this year, with 498,540 from China and 283,885 from India. That compared to 1.5 million arrivals from China and 354,486 from India in the same period of 2019, prior to the pandemic. The move follows similar measures implemented by neighbouring Thailand to boost its vital tourism sector and stimulate its sluggish economy, with Chinese and Indian nationals among those exempted this year. Currently, Chinese and Indian nationals must apply for visas to enter Malaysia.

Persons: Lai Seng, Anwar Ibrahim, Anwar, Danial Azhar, Martin Petty Organizations: Kuala, Kuala Lumpur International, REUTERS, People's Justice Party, Malaysia, Thomson Locations: Kuala Lumpur, Malaysia, Singapore, Sepang, KUALA LUMPUR, China, India, Thailand

☆ Malaysia opposition leader to step down as party president
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

Malaysian opposition leader and former premier Muhyiddin Yassin speaks during an interview at Kuala Lumpur, Malaysia July 27, 2023. REUTERS/Hasnoor Hussain/File photo Acquire Licensing RightsKUALA LUMPUR, Nov 24 (Reuters) - Malaysia's opposition leader Muhyiddin Yassin said on Friday he would step down as president of his party, which leads the Malay-majority bloc Perikatan Nasional. Muhyiddin, a former prime minister, said at his Bersatu party's annual meeting he will not defend his position as party president during internal leadership elections next year. "The time for me to pass on the party leadership to a new team of leaders has arrived," he said in a speech. Bersatu is part of the Perikatan Nasional opposition bloc, which is backed by a conservative Islamist party and made inroads among the country's majority ethnic-Malay Muslims during regional polls in August and last year's general elections.

Persons: Muhyiddin Yassin, Hasnoor Hussain, Danial Azhar, Kanupriya Kapoor Organizations: REUTERS, Perikatan Nasional, Thomson Locations: Kuala Lumpur, Malaysia, KUALA LUMPUR, Malay, Perikatan Nasional

All have been hit by a boycott campaign over Israel's military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on Oct. 7. Western brands are feeling the impact in Egypt and Jordan, and there are signs the campaign is spreading in some other Arab countries including Kuwait and Morocco. Videos have circulated of what appear to be Israeli troops washing clothes with well-known detergent brands which viewers are urged to boycott. In Kuwait City on Tuesday evening, a tour of seven branches of Starbucks, McDonald's and KFC found them nearly empty. Previous boycott campaigns in Egypt, the Arab world's most populous nation, had less impact, including those advocated by the Palestinian-led Boycott, Divestment, Sanctions (BDS) movement.

Persons: Mohamed Abd, Reham Hamed, Ahmad al, McDonald's, Jordan, Hossam Mahmoud, Sameh El Sadat, executive's, Issam Abu Shalaby, Farah Saafan, Sarah El Safty, Mai ShamsElDin, Suleiman Al, Ahmed Hagagy, Jonathan Spicer, Aidan Lewis Organizations: Hamas, REUTERS, Gaza, U.S, Kuwait City, McDonald's, KFC, McDonald's Corp, Reuters, BDS, Starbucks, TBS Holding, Malaysian, Cola, Nestle, Turkish, Israel, United Arab, Thomson Locations: Kentucky, Egypt, Gaza, Israel, Palestinian, Cairo, CAIRO, Jordan, Kuwait, Morocco, Amman, Rabat, BDS Egypt, Egyptian, Malaysia, Putrajaya, Saudi Arabia, United Arab Emirates, Tunisia, Khalidi, Danial Azhar, Kuala Lumpur, Kuwait City, Istanbul

Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. Citigroup declined to comment on all the personnel moves, and none of the leaders named responded to requests for comment. The full reorganization could involve thousands of layoffs, according to a source familiar with the situation who was not authorized to speak publicly. Preparations for Monday's announcements were communicated verbally in meetings last week, according to another source familiar with the situation. Final announcements related to the overhaul will be made early next year, Fraser said in a memo to employees.

Persons: Jane Fraser, Eduardo Martinez Campos, Andy Sieg, Andrew Kelly, Valentin Valderrabano, Patricia Dorosz, Nacho Gutiérrez, Carmen Haddad, Fahad Aldeweesh, Haddad, Jose Miguel Salvador Nasur, Peter Babej, Ernesto Torres Cantú, Brad Wayman, Chris McCullough, Wayman, Patrick Gallagher, Lucy Baldwin, Sandeep Arora, Fraser, Mark Mason, Tatiana Bautzer, Lananh Nguyen, Andres Gonzalez, Saeed Azhar, Bayliss, Echo Wang, Isla Binnie, Nick Zieminski, Stephen Coates, Marguerita Choy Organizations: Citigroup, Citi, Citi Wealth Services, Citibank, New York Stock Exchange, REUTERS, Svea Herbst, Thomson Locations: Manhattan , New York City, U.S, Europe, Saudi Arabia, Chile, New York, London, Svea

REUTERS/Andrew Kelly Acquire Licensing RightsNEW YORK, Nov 20 (Reuters) - Citigroup (C.N) employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the matter. The job cuts could affect thousands of staff, according to a source familiar with the situation who was not authorized to speak publicly. Executives are also likely to announce senior management changes by email, the source said. Last month, Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. Support staff in compliance and risk management, and technology staff working on overlapping functions are at risk of being laid off, Reuters reported in September.

Persons: Andrew Kelly, Saeed Azhar, Isla Binnie, Tatiana Bautzer, Svea Herbst, Bayliss, Echo Wang, Lananh Nguyen, Lisa Shumaker Organizations: Citibank, New York Stock Exchange, REUTERS, Citigroup, Citi, Reuters, Svea, Thomson Locations: Manhattan , New York City, U.S, New York

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - Citigroup (C.N) employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. Last month, Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. The third-largest U.S. lender will also eliminate co-heads of divisions and regional roles, cut 50% of internal financial management reporting and centralize decision making, it said in October. Support staff in compliance and risk management, and technology staff working on overlapping functions are at risk of being laid off, Reuters reported in September.

Persons: Andrew Kelly, Saeed Azhar, Bayliss, Tatiana Bautzer, Lananh Nguyen, Echo Wang, Isla Binnie, Chizu Organizations: Citibank, New York Stock Exchange, REUTERS, Citigroup, Financial Times, Citi, U.S, Reuters, Svea Herbst, Thomson Locations: Manhattan , New York City, U.S, New York

☆ Evacuees From Gaza Land in Spain
▼ + stars: | 2023-11-16 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

MADRID (Reuters) - A military plane carrying 139 people, mostly Spanish-Palestinian citizens and some of their relatives, from Egypt after being evacuated from the besieged Gaza Strip landed in Madrid on Thursday. Spain's acting Foreign Minister Jose Manuel Albares and acting Defence Minister Margarita Robles welcomed the evacuees on the runway of the Torrejon de Ardoz air base, outside the Spanish capital. According to the defence ministry, the passengers included 33 men, 39 women and 67 minors - three of them babies under one year of age. Eighty-five of the evacuees held Spanish passports, while the remaining 54 were Palestinian nationals. Not everyone in Gaza is so lucky to have their mother next to them ...

Persons: Spain's, Jose Manuel Albares, Margarita Robles, Albares, Amir Abu Jaraf, Al Aila, we've, Gazans, Miguel Gutierrez, Marco Trujillo, David Latona Organizations: Gaza, Reuters, Gaza's Al, Azhar University Locations: MADRID, Spanish, Egypt, Madrid, United States, Gaza, Rafah, Qatar, Israel

[1/3] Former Goldman Sachs CEO Lloyd Blankfein and Goldman Sachs chairman and CEO David Solomon speak together during Goldman Sachs analyst impact fund competition at Goldman Sachs Headquarters in New York City, U.S., November 14, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsCompanies Goldman Sachs Group Inc FollowNEW YORK, Nov 14 (Reuters) - Goldman Sachs (GS.N) Chief Executive Officer David Solomon and his predecessor gave career advice to about 4,000 analysts as junior bankers pitched for grants to be given to charity on Tuesday. Solomon interviewed former CEO Lloyd Blankfein, who handed over the reins in 2018, for an audience of junior employees and senior partners that drew laughter and smiles in the auditorium at its New York headquarters. Goldman partners awarded the $250,000 first-place prize to TalkingPoints, an education nonprofit, after a successful pitch from four analysts from its London office. Solomon and Blankfein addressed the junior employees a day after they attended a dinner for retired partners in New York.

Persons: Goldman Sachs, Lloyd Blankfein, David Solomon, Brendan McDermid, Solomon, Winston, Blankfein, underused, Dan Dees, Goldman, Saeed Azhar, Lananh Nguyen, Matthew Lewis Organizations: Goldman, REUTERS, Goldman Sachs, CNBC, Thomson Locations: New York City, U.S, New York, London

The pay bumps could help win over some employees who balked at smaller bonuses last year that they blamed on losses from the retail operations. The firm's allocation for bonuses fell by as much as 40% in 2022, according to another source, after earnings slid 48%. Wall Street pay varies widely based on performance and market conditions, and bonuses account for a large share of compensation - in some cases more than double an employee’s annual salary. Goldman was involved in several major transactions in recent months that spurred optimism about a nascent market recovery. WALL STREET BONUS SLIDEThe potential compensation gains contrast with expectations for a broader industry slide.

Persons: Goldman Sachs, Stephen Biggar, Goldman, David Solomon, hasn't, we're, We're, Julian Salisbury, Dina Powell McCormick, They've, Christopher Connors, WALL, Thomas DiNapoli, Sheffield, Banks, Natalie Machicao, Lananh Nguyen, Saeed Azhar, Megan Davies, Matthew Lewis Organizations: Argus Research, Wall, Goldman, Sixth, MSD Partners, Bloomberg, Natural Resources, Exxon Mobil, Arm Holdings, Johnson Associates, York, Sheffield Haworth, Thomson Locations: Biggar, Sheffield Haworth, New York

CANBERRA, Australia (AP) — Three murderers are among 81 foreigners recently released in Australia after the High Court ruled their indefinite detention in migrant centers was unconstitutional, the immigration minister said on Tuesday. The court hasn't released the reasons behind its ruling last week that overturned a 2004 precedent that stateless people could be detained indefinitely. Political Cartoons View All 1244 ImagesImmigration Minister Andrew Giles said the released foreigners included three murderers and several sex offenders. “The decision of the High Court which requires release effects very, very serious offenders,” Giles told Parliament. The 50-year-old had fled to Australia before he was sentenced in absentia and had been held in detention for nine years until the High Court decision last week.

Persons: hasn't, ”, Andrew Giles, Sussan Ley, ” Giles, Sirul Azhar Umar, Ley, Aliyawar Yawari, Clare O’Neil, ” O’Neil Organizations: Court, Rights Law, Australian, Home Affairs Locations: CANBERRA, Australia, Melbourne, Malaysian, Mongolian, Perth, Sydney

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