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☆ Life insurers binge on US financing aimed at helping housing
▼ + stars: | 2023-12-05 | by ( Koh Gui Qing | ) www.reuters.com time to read: +8 min

It has been predominantly used by life insurers, because they need to boost their investment returns with cheap funding to meet long-term liabilities. They provide the cheap funding to banks and insurers in exchange for collateral to ensure they get their money back. Insurers are entitled to tap FHLB funding. Insurers’ borrowing from FHLBs picked up in 2008 financial crisis, as those that spread themselves thin with aggressive investments scrambled for cash. They did not explain why insurers need FHLB funding to invest in mortgages.

Persons: Sarah Silbiger, Ryan Donovan, CMBS, Lawrence White, White, Graphics JUICING, Cynthia Beaulieu, Cornelius Hurley, Hurley, FHLBs, ’, Michael Ericson, Jack Dolan, Koh Qui, Greg Roumeliotis, Anna Driver Organizations: REUTERS, Loan, Federal Housing Finance Agency, of Federal Home Loan, FHLBs, FHLB, National Association of Insurance, New York University, MetLife Inc, Equitable Holdings Inc, Corebridge, Brighthouse Financial, MetLife, TIAA, Equitable, Graphics, Wellington Management, Boston University School of Law, Coalition, Silicon Valley Bank, First, American, of, Insurance Coalition, Reuters, Thomson Locations: Washington , U.S, U.S, Boston, Silicon, First Republic, Chicago, New York

☆ ‘Priscilla’ Review: Another Sofia Coppola Princess
▼ + stars: | 2023-11-03 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

Cailee Spaeny Photo: A24Muted, restrained and delicate are not words that ordinarily come up in a discussion of Elvis Presley , which is why Sofia Coppola ’s approach to the King is so unexpected and refreshing in “Priscilla,” a reverie about the unlikely life of Priscilla Beaulieu from the time she met the pop icon until the day, as Priscilla Presley , she left him. Cailee Spaeny (who is 25 years old but proves capable of looking half her age) is a wonderful find as the ordinary Texas-reared schoolgirl who, while her dad was stationed at the U.S. military base in Wiesbaden, West Germany, was introduced at 14 to Elvis by a friend of his who approached her in a restaurant, then brought her to a party at Pvt. Presley’s house.

Persons: Cailee, Elvis Presley, Sofia Coppola ’, Priscilla, ”, Priscilla Beaulieu, Priscilla Presley, Cailee Spaeny Locations: Texas, Wiesbaden, West Germany

☆ Elvis was 'the love of my life', Priscilla tells Venice
▼ + stars: | 2023-09-04 | by ( Crispian Balmer | ) www.reuters.com time to read: +2 min

VENICE, Sept 4 (Reuters) - Elvis Presley's former wife Priscilla said the legendary rock star had been the love of her life, despite eventually leaving him, as a film about their turbulent relationship hit the Venice Film Festival. "Priscilla", directed by Sofia Coppola, is based on her 1985 autobiography, "Elvis and Me", depicting her roller-coaster life with one of the most famous figures of the 20th century. He was the love of my life, but it was the lifestyle that was so difficult for me," Priscilla told reporters in Venice ahead of the world premiere of the movie, which stars Cailee Spaeny and Jacob Elordi. Priscilla Beaulieu met Elvis Presley in 1959 when she was just 14 and he was deeply homesick, stationed with the U.S. army in West Germany. "Priscilla" is one of 23 movies competing for the Golden Lion award at the Venice festival, which runs until Sept. 9.

Persons: Elvis Presley's, Priscilla, Sofia Coppola, Cailee Spaeny, Jacob Elordi, Priscilla Beaulieu, Elvis Presley, Elvis, Lisa Marie, Sophia, Coppola, Spaeny, Crispian Balmer, Nick Zieminski Organizations: Venice Film, U.S, Golden, Thomson Locations: VENICE, Venice, West Germany, Germany, United States, Memphis, U.S

☆ A Sunny Place for Shady People
▼ + stars: | 2023-08-27 | by ( Liesl Schillinger | ) www.nytimes.com time to read: +2 min

Its owner was known to accept paintings in lieu of payment — “My kind of hotel,” Picasso joked. In 1960, burglars broke in and stole 21 canvases, including a Braque, a Léger, a Mirò and a Modigliani. The influential Lord Brougham “discovered” Cannes in 1834, when a cholera epidemic interrupted his progress to Italy. Besotted by the Arcadian surroundings, he built a villa. Other foreign aristocrats followed suit, and 20 years later, Prosper Mérimée complained that “the English are established here as in a conquered land.

Persons: ” Picasso, Braque, Modigliani, Miles, Brougham “, Prosper Mérimée, They’ve, Cap Martin, Queen Victoria, Countess, Balmoral, “, Duchess Anastasia, “ Bertie, ”, King Edward VII, Henry Clews, Frank Jay Gould, Murphys, Edith Wharton, Scott Fitzgerald Organizations: Art, Villa Americana Locations: Saint, Paul, Cannes, Italy, Nice, Beaulieu, La, Menton, Balmoral ”, Russian, Monte Carlo, ”, Antibes, Hyères

Stocks - which have wobbled in August as rising bond yields threatened to dull the allure of equities - were little changed with the S&P 500 up 0.22%. REVIVING RECESSION WORRIESSome investors were worried that higher rates could weigh on growth and increase the chances of a recession next year. Such a scenario, in theory, would force the Fed to cut rates, pulling bond yields lower. But while risks remained that long-term bond yields could move higher, he was looking to extend the duration of his portfolio. Reporting by Davide Barbuscia and David Randall; Editing by Ira Iosebashvili and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, John Williams, Ann Saphir, Powell, ”, Cindy Beaulieu, Jackson, “ Powell, Anders Persson, Mike Sewell, Rowe Price, Josh Emanuel, Davide Barbuscia, David Randall, Ira Iosebashvili, Andrea Ricci Organizations: New York Fed, Kansas, Fed, REUTERS, Kansas City, Financial, Treasury, Investors, Futures, Thomson Locations: Jackson Hole , Wyoming, U.S

Edward Marrinan, macro credit strategy desk analyst at SMBC Nikko Securities America, added: "Credit risk at this point is mispriced." The move prompted a sell-off in equities and slight widening in corporate credit spreads. The average investment-grade bond spreads as of on Thursday were just a few basis points wider than the tightest levels touched this year in July and 16 basis points tighter from January. Junk-bond spreads are 98 basis points inside January levels. "With market consensus now expecting a soft landing, the credit markets are arguably underpricing default risk," BMO’s Krieter said.

Persons: Brendan McDermid, Cindy Beaulieu, Edward Marrinan, Moody's, Daniel Krieter, Krieter, Marrinan, Manuel Hayes, Hayes, BMO’s Krieter, Shankar Ramakrishnan, Davide Barbuscia, Paritosh Bansal, Jonathan Oatis Organizations: NYSE, American Stock Exchange, New York Stock Exchange, REUTERS, U.S . Federal Reserve, SMBC Nikko Securities America, Reuters Graphics Reuters, Investors, Reuters, BMO Capital Markets, London, Insight Investment, Informa, Thomson Locations: New York City, U.S

The third season of "Emily in Paris" is now available to watch on Netflix . Check out the trailer for 'Emily in Paris' season 3Star Lily Collins returns for season three, along with Philippine Leroy-Beaulieu, Ashley Park, Lucas Bravo, Samuel Arnold, and Bruno Gouery. How to watch 'Emily in Paris'You can watch "Emily in Paris" exclusively on Netflix. The first season of "Emily in Paris" debuted on Netflix in October 2020, to mixed but mostly positive reviews. Will there be a season 4 of 'Emily in Paris'?

☆ ‘Emily in Paris’ Star Philippine Leroy-Beaulieu Had a Childhood in Two Acts
▼ + stars: | 2022-12-14 | by ( Marc Myers | ) www.wsj.com time to read: 1 min

Philippine Leroy-Beaulieu, 59, is a French-Italian actress best known in the U.S. for her role in the French comedy series “Call My Agent!” She appears in season 5 of “The Crown” and currently stars as Sylvie in Netflix’s “Emily in Paris.” She spoke with Marc Myers. Behind my family’s house in Rome was a garden. It was so large that as a child, I thought of it as a park. For me, that private setting out back in the middle of a city was magical.

☆ Netflix's 'Emily in Paris' embraces French life in new season
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +1 min

PARIS, Dec 14 (Reuters) - Cultural frictions give way to personality clashes in Netflix's (NFLX.O) "Emily in Paris," according to creator Darren Star who recently joined the show's cast members in the French capital for the global premiere of the third season. The new season of the television comedy starring Lily Collins as Emily Cooper, an American who moves to Paris from Chicago for a marketing job, will be released on Dec. 21. Kate Walsh, William Abadie, Philippine Leroy-Beaulieu, Samuel Arnold, Lily Collins, Ashley Park, Lucien Laviscount, Camille Razat, Bruno Gouery and Lucas Bravo attend the world premiere of the third season of the Netflix series "Emily in Paris" at the Theatre des Champs Elysees in Paris, France, December 6, 2022. In the third season, actors Paul Forman and Melia Kreiling join as new cast members. “New characters come in and add a lot of new texture and complications for the entire ensemble,” said Star.

☆ Netflix hit 'Emily in Paris' draws cast to French capital for global premiere
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +1 min

PARIS, Dec 6 (Reuters) - The cast of "Emily in Paris" will take to the red carpet in the city of lights Tuesday for the global premiere of season three of the popular Netflix series. Slated for release on Dec. 21, the new season of the television comedy stars Lily Collins as Emily Cooper, an American who has relocated from Chicago to the French capital for a marketing job in the luxury industry. Philippine Leroy-Beaulieu, who plays the role of Emily's French boss, said that while the series pokes fun at the French, it also takes on Americans, pitting different working styles against one another - but hinted at newfound cooperation between the two cultures. "Emily in Paris" adds two new cast members, Paul Forman and Melia Kreiling, in the upcoming series. Reporting by Mimosa Spencer; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

În weekendul acesta meteorologii au avertizat că vor fi ploi torențiale și furtuni puternice în Marea Britanie, pe măsură ce se instalează vremea de iarnă. Britanicii vor avea parte de un weekend cu ploi torenţiale şi cu vânturi puternice în întreaga Mare Britanie. Temperaturile vor fi mai scăzute în comparație cu ultimele zile. Temperaturi mai scăzuteMeteorologii de la Netweather au avertizat că în acest weekend temperaturile vor fi mai scăzute faţă de normalul perioadei în Marea Britanie. În acest weekend, în Marea Britanie se va menţine un cer înnorat și condiții de ploaie.

Persons: Britanicii, Alex Deakin, Beaulieu Organizations: Sputnik, Express Locations: weekendul, BUCUREŞTI, Mare, Britanie, Marii Britanii, ţării, Scoției, West

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