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☆ Vietnam’s vintage 1960s steam locomotives are back on the rails
▼ + stars: | 2024-05-27 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

CNN —Train enthusiasts and history buffs alike will soon have a new Southeast Asian destination to visit, as Vietnam prepares to unveil a revamped pair of vintage steam locomotives from the 1960s. The two Revolution Express locomotives are the last working steam trains in Vietnam, dating from when the country was still a French colony, according to hospitality brand Wafaifo Optimisers, which is managing the project. In recent years, the trains have been slowly restored to working condition using original parts, and crafted by the last remaining steam engineers working for the national railway system. Wafaifo & Revolution ExpressVietnam declared its independence from France on September 2, 1945 – a claim that neither France nor the United States recognized. By 1954, Vietnam signed the Geneva Accords – splitting the country into two halves, the Communist-led north and US-supported south, and kicking off the bloody Vietnam War, which would last nearly two decades.

Persons: Wafaifo Optimisers, Wafaifo, ”, Michael Gebbie Organizations: CNN, Revolution, Lang Co, Indochina Rail Tourist Service, Revolution Express, Geneva Accords, Communist, UNESCO Locations: Vietnam, Da Nang, Hue, Lang, Lang Co, Indochina, Revolution Express Vietnam, France, United States, Saigon, Chi Minh City

They met on the 26th floor of Trump Tower, Mr. Cohen says, and struck a $420,000 deal. Seven years later, Mr. Trump’s criminal trial in Manhattan hinges on that fleeting encounter, which is both critically important and completely in dispute. Mr. Cohen says he paid off a porn star at his boss’s behest, and in that meeting, he and Mr. Trump settled on a plan to repay him and conceal the reimbursement as legal expenses. But prosecutors say there was a third man in the room that day: Allen H. Weisselberg, Mr. Trump’s moneyman, the keeper of the balance sheet. Prosecutors never called Mr. Weisselberg to testify, because, although he knows the truth, he has not always told it.

Persons: Donald J, Trump, Michael D, Cohen, Allen H, Weisselberg, Trump’s moneyman Organizations: Prosecutors Locations: Washington, New York, Trump, Manhattan

☆ Burkina Faso extends military rule for five years
▼ + stars: | 2024-05-27 | by ( Martin Goillandeau | ) edition.cnn.com time to read: +1 min

CNN —Burkina Faso’s military regime will extend its rule by five years under a new agreement reached during national consultations on Saturday, the talks’ chairman Colonel Moussa Diallo said on state television. A video of Traore signing the amended accord in front of a cheerful crowd was broadcast on Burkinabè state TV on Saturday. Most political party activities have been suspended in the country under the military rule. Burkina Faso, plagued by recurrent jihadist violence that has claimed thousands of lives for almost a decade, has seen two military coups in 2022. The first one in January brought Lieutenant-Colonel Paul Henri Sandaogo Damiba to power, before being himself overthrown in September of the same year by Captain Traoré.

Persons: Moussa Diallo, Diallo, Captain Ibrahim Traore, Traore, Paul Henri Sandaogo Damiba, Captain Traoré Organizations: CNN, Burkina, Agence d’Information du Burkina, AIB Locations: Burkina Faso

☆ US lawmakers vow to bolster Taiwan’s defense with bipartisan visit days after China’s ‘punishment’ military drills
▼ + stars: | 2024-05-27 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

CNN —US lawmakers vowed to bolster Taiwan’s deterrence against China on Monday during a bipartisan congressional visit to the self-governing democracy just days after Beijing surrounded the island with massive military exercises. US Representative Michael McCaul, Republican-Texas, has vowed to bolster Taiwan's deterrence against China. China’s military drills, he said, were “to express their displeasure with President Lai, a president democratically elected by the people of Taiwan.”But he added they had another objective. The delegation also met with Lai, Taiwan’s new leader, on Monday morning. China responded with a show of military force and later imposed sanctions on McCaul.

Persons: Lai Ching, Michael McCaul, ”, McCaul, Lai, ” McCaul, China’s, Xi Jinping, Xi, “, Mao Ning, Michael Brochstein, Lin Chia, ” “ It’s, ” Lin, Taiwan’s, “ Taiwan’s, ” Lai, Ronald Reagan’s, Tsai Ing, Nancy Pelosi’s Organizations: CNN, China, House Foreign Affairs Committee, Taiwan, US, Party, Republican, Ministry, Taiwan’s Locations: Beijing, China, Taiwan, Taipei, Ukraine, Taiwan Strait, Texas, United States, America, People’s Republic of China

☆ Spying Arrests Send Chill Through Britain’s Thriving Hong Kong Community
▼ + stars: | 2024-05-27 | by ( Megan Specia | ) www.nytimes.com time to read: +1 min

In 2019, Mr. Cheng, a pro-democracy activist from Hong Kong and a former employee of Britain’s Consulate there, was arrested after a business trip to mainland China. When he was finally released, he no longer felt safe in Hong Kong, and in early 2020, he fled to Britain and claimed asylum. “It’s not hard to adapt to a new life in the U.K. in some ways,” said Mr. Cheng, 33. Last year, the Hong Kong authorities put a bounty on Mr. Cheng and other activists, offering $128,000 for information leading to their arrest. Still, like many Hong Kong activists living in self-imposed exile in Britain, he hoped his newfound distance from the Chinese authorities put him far from their reach.

Persons: Simon Cheng, Cheng, “ It’s, ”, — Organizations: Hong Locations: China, Hong Kong, Beijing, Britain, London

☆ Opinion | ‘Accordion Hands’ and ‘Caterpillar Eyebrows’: Trump Meets the Female Gaze
▼ + stars: | 2024-05-27 | by ( Jessica Bennett | ) www.nytimes.com time to read: +1 min

When Donald Trump is relaxed — or as relaxed as someone can be while on trial for 34 felony counts of falsifying business records — you can see his socks. She takes it all in, and all of it, in turn, informs her work, which has been appearing in New York magazine. But rather than capturing key moments, or producing realistic renderings of the day’s events, Ms. Brourman’s expressive images cut across space and time. She uses watercolors, colored pencils, graphite, glitter pens; sometimes she tweezes for texture, or scrawls words in corners. In her portraits of Mr. Trump, he is both frenetic and hulking; her Stormy Daniels, shaded with blues and purples, looks emotionally bruised.

Persons: Donald Trump, Isabelle Brourman, Trump’s, Ms, Brourman, Mr, Trump, Stormy Daniels, ” Locations: New York

☆ Can Trump Really Slam the Brakes on Electric Vehicles?
▼ + stars: | 2024-05-27 | by ( Coral Davenport | Jack Ewing | ) www.nytimes.com time to read: +1 min

Donald J. Trump is crystal clear about his disdain for electric vehicles. The former president has falsely claimed electric cars don’t work, promised to shred President Biden’s policies that encourage E.V. manufacturing and sales, and has said he would slap a “100 percent tariff” on electric cars imported from Mexico if he retakes the White House. But analysts say that even if Mr. Trump is elected and ends federal policies that support electric vehicles, by the time that happens, the market may have reached a level where it would keep growing without government help. A record 1.2 million Americans bought electric vehicles last year, making up 7.6 percent of new car sales and moving the cars and trucks from the margin to the mainstream of the American auto market.

Persons: Donald J, “ You’re, Trump Organizations: Trump, Analysts Locations: Mexico

☆ SEC embrace of ether ETFs highlights cryptocurrency's shifting political fortunes
▼ + stars: | 2024-05-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The newly opened door to ether ETFs is part of a larger story that dominated cryptocurrency markets last week: the industry's political tides appear to be shifting in its favor. Expectations of an approval were low as the week began, but flipped completely and suddenly last Monday — sending ether up 20% . Many are hailing FIT 21 as a landmark victory for the industry. "I'd be surprised if FIT 21 or something like it actually becomes law this year," said Thorn. It does portend a sweeping change in [the] Democratic leadership approach to this industry, and that can only help crypto."

Persons: Biden, Donald Trump, Rachel Lin, Oppenheimer, Owen Lau, Lau, Alex Thorn, didn't, Kirsten Gillibrand, Cynthia Lummis, I'd Organizations: Securities and Exchange Commission, SEC, Representatives, SAB, Innovation, Technology, Futures Trading Commission, CNBC, Galaxy Digital, Senate, Gillibrand, Democratic

☆ Lizzo reveals how she really feels about that ‘South Park’ obesity episode
▼ + stars: | 2024-05-27 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Lizzo appeared to be left stunned after “South Park” referenced the singer in an episode satirizing the increasing popularity of weight-loss drugs like Ozempic and Mounjaro. The “About Damn Time” singer posted a live reaction video on Instagram and TikTok of her watching a scene from “South Park: The End of Obesity.”In the scene, Sharon and Sheila are discussing the “amazing” new drugs that Sharon has been taking to manage her weight. “Lizzo helps you eat everything you want and keep physical activity to a minimum… Ask about the power of not giving a f**k, with Lizzo,” the commercial added, along with a series of side effects. In her reaction video, Lizzo said, “that’s crazy, I just feel like damn, I’m really that b***h.”Lizzo attended the 2024 Met Gala. Lizzo has long advocated for body positivity and spoken out about the body shaming she faces on social media.

Persons: CNN — Lizzo, Sharon, Sheila, “, Lizzo, ”, “ Lizzo, ” Lizzo, Dimitrios Kambouris, Trey Parker, Matt Stone Organizations: CNN, University of Colorado Boulder Locations: Colorado, Lizzo, “

☆ Take a look inside Lyndhurst Mansion, a historic 14,000-square-foot Gothic Revival home featured in 'The Gilded Age'
▼ + stars: | 2024-05-27 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The tour began outside the mansion, where our guide spoke about the three families that owned the property: the Pauldings, the Merritts, and the Goulds. The side of Lyndhurst Mansion. Talia Lakritz/Business InsiderIn 1836, former New York City mayor William Paulding and his wife, New York real-estate heiress Maria Rhinelander Paulding, purchased the land overlooking the Hudson River to build a summer home. In 1864, the Pauldings' son sold the mansion to George Merritt, who made his fortune as the patent holder of a rubber spring used in railroad cars, and his wife, Julia. After her death, Anna left the Lyndhurst estate to the National Trust for Historic Preservation, which manages the site today.

Persons: Talia Lakritz, William Paulding, Maria Rhinelander, Alexander Jackson Davis, George Merritt, Julia, Davis, Jay Gould, Helen Day Miller, Helen Gould, Anna Gould, Anna Organizations: National Trust for Historic Preservation Locations: Lyndhurst, New York City, New York, Maria Rhinelander Paulding, French

☆ Former OpenAI board members say the company can't be trusted to govern itself
▼ + stars: | 2024-05-27 | by ( Lloyd Lee | Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Read previewTwo former OpenAI board members say artificial intelligence companies can't be trusted to govern themselves and that third-party regulation is necessary to hold them accountable. Helen Toner and Tasha McCauley were board members at OpenAI before they stepped down in November amid a chaotic push to oust OpenAI cofounder Sam Altman. AdvertisementWith Altman back at the helm, Toner and McCauley wrote that OpenAI can't be trusted to hold itself accountable. Related storiesThe former board members wrote that they once believed that OpenAI could govern itself, but "based on our experience, we believe that self-governance cannot reliably withstand the pressure of profit incentives." AdvertisementThe board's 22 members include Altman and chief executives of large tech companies, including Nvidia CEO Jensen Huang and Alphabet CEO Sundar Pichai.

Persons: —, Helen Toner, Tasha McCauley, OpenAI, Sam Altman, Altman, Scarlett Johansson, Chat, Toner, McCauley, — bode, Jensen Huang, Sundar Pichai, ethicists, Margaret Mitchell Organizations: Service, Business, Department of Homeland Security, Artificial Intelligence, Security Board, Nvidia, Ars Technica Locations: OpenAI

☆ Silicon Valley doesn't seem to be buying Sam Altman's NDA pleas
▼ + stars: | 2024-05-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSilicon Valley types are skeptical about whether Sam Altman knew OpenAI had non-disparagement clauses in its exit agreements. The claims against OpenAI didn't go down well in the tech community, and some were unconvinced that Altman was being entirely honest. AdvertisementVox published a document showing the OpenAI chief signed incorporation documents for the holding company that handles OpenAI's equity. Meta researcher Soumith Chintala praised the follow-up Vox report, saying it brought "receipts that it wasn't just some standard exit paperwork from OpenAI."

Persons: —, Sam Altman, OpenAI, Vox, X, i've, OpenAI didn't, Altman, Naveen Rao, didn't, Neel Nanda, Nils Reimers, Soumith Chintala, Jacob Hilton, wouldn't, Hilton Organizations: Service, Tech, Business, Google, OpenAI Locations: OpenAI, Cohere

☆ China chip industry gets $47.5 billion in new funding
▼ + stars: | 2024-05-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Worth $47.5 billion, the fund is being created as the US imposes sweeping restrictions on the export of American chips and chip technology in a bid to throttle Beijing’s ambitions. The latest investment vehicle is the third phase of the China Integrated Circuit Industry Investment Fund. The first phase of the fund was set up in 2014 with 138.7 billion yuan ($19.2 billion). In 2022, the country’s anti-graft watchdog launched a crackdown on the semiconductor industry, investigating some of China’s top figures in state-owned chip companies. Last year, China’s Huawei shocked industry experts by introducing a new smartphone powered by a 7-nanometer processor made by China’s Semiconductor Manufacturing International Corporation (SMIC).

Persons: Xi Jinping’s, Lu Jun, ”, Xi’s, Biden, China’s, Mark Rutte, Xi Organizations: Hong Kong CNN, Worth, China Construction Bank, China Integrated Circuit Industry Investment Fund, National Enterprise, Ministry of Industry, Information Technology, IC, US, China’s Huawei, China’s Semiconductor Manufacturing International Corporation, Huawei, Dutch Locations: Hong Kong, China, ICBC, Beijing, Netherlands, Japan, United States, ASML

☆ I'm a boomer who's about to retire at 59. I'm nervous about retirement because I'll have less income and too much free time.
▼ + stars: | 2024-05-27 | by ( Laura Landsbaum | ) www.businessinsider.com time to read: +4 min

After 20 years of early rising, I'm up before the sun with no prompting required. The 9:17 a.m. alarm is also deeply ingrained; it's the official attendance time when I'm required to pause my instruction and take attendance. I will walk away from teaching and into early retirement at 59, which makes me more than a little nervous. While I'll be doing something I care deeply about, I will still be below the salary I earned this year. Now that I'll have the time in retirement, what will my new exercise regime look like?

Persons: I've, I'm, They've, it's Organizations: Service, Business Locations: Texas, It's Texas

☆ Polish official claims the US told Russia it would strike Russian targets in Ukraine if Putin used nuclear weapons
▼ + stars: | 2024-05-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

A Polish official said the US told Russia it would strike Russian targets in Ukraine if Putin used a nuke. Former Russian President Dmitry Medvedev said such US strikes would result in a "world war." Putin has regularly issued nuclear threats since Russia launched its full-scale invasion of Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPoland's foreign minister said the US had told Russia that it would strike Russian targets in Ukraine if Putin were to use nuclear weapons.

Persons: Putin, Dmitry Medvedev, —, Radosław Sikorski Organizations: Service, Guardian, Business Locations: Russia, Ukraine

☆ South Africa has failed its Black majority. Nelson Mandela’s political heirs may pay the price
▼ + stars: | 2024-05-27 | by ( Hanna Ziady | ) edition.cnn.com time to read: +12 min

When South Africans vote Wednesday, an unhappy combination of rampant corruption, soaring joblessness, crippling power cuts and feeble economic growth will likely be top of mind. Black South Africans, who make up 81% of the population, are at the sharp end of this dire situation. ‘Elite enrichment’Under apartheid — and colonial rule before that — Black South Africans were violently oppressed and denied many basic human rights. Millions of South Africans still live in such informal settlements. “The poster child of this is the electricity sector.”For much of last year, South Africans were without power for at least some portion of the day.

Persons: ”, Nelson Mandela’s, —, Cyril Ramaphosa, Leon Sadiki, BEE, Moeletsi Mbeki, Thabo Mbeki, White, “, Tshediso Matona, Anders Pettersson, Black, …, Kganki Matabane, Matthew Parks, Matona, Mbeki, Ricardo Hausmann, Jacob Zuma, Haroon Bhorat, Michele Spatari, ” Bhorat, hasn’t, ANC “, Zuma, Ramaphosa, Cas Coovadia, Hausmann Organizations: Johannesburg CNN, National Congress, ANC, World Bank, Oxford Economics, Harvard University, Democratic Alliance, Bloomberg, Getty, South African Institute of International Affairs, Wits University, CNN, ”, BBEE, Black Business Council, South African Trade Unions, Harvard’s, University of Cape, South Africa’s Free, International Monetary Fund, Fitch, IMF, JPMorgan, Shell, Unilever, Business, Business Unity, Harvard Growth Locations: London, Johannesburg, Sudan, Africa, Alexandra, South Africa, Leon, Isipingo, KwaZulu, Natal, South, ”, University of Cape Town, loadshedding, Namahadi, Frankfort, Business Unity South Africa

☆ Dubai Old Town: Dubai’s ‘soul’ is about more than historic buildings
▼ + stars: | 2024-05-27 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +11 min

So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”

Persons: Nada Badran, Badran, “, ”, Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, —, it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, “, United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, ”, Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China

☆ 10 Smoking Guns in Trump Hush-Money Trial That Speak for Themselves
▼ + stars: | 2024-05-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +17 min

Manhattan district attorney's office/BIWhy is this evidence — our third smoking gun — so important? AdvertisementEvidence People's 35 in the Trump hush-money trial. Robert Costello, a key defense witness in the Donald Trump hush-money trial in New York. Manhattan district attorney's office/BI"Rudy was thrilled and said this could not be a better situation for the President or you. From People's 374 Manhattan district attorney's office/BICohen testified that immediately after these calls with Trump, he took the elevator down from his Trump Organization offices at Trump Tower.

Persons: —, Donald Trump, Michael Cohen, David Pecker, Stormy Daniels, Trump, Michael Cohen Alex Brandon, Eduardo Munoz, " Cohen, Cohen, Karen McDougal's, Karen McDougal, McDougal, Daniels, Trump's, Allen Weisselberg, Jonathan Ernst, Jon Elswick, MARK PETERSON, Todd Blanche, Mamaroneck , New York —, Madeleine Westerhout, Westerhout, Cohen —, Weisselberg, Robert Costello, Jane Rosenberg, Rudy Giuliani, Costello, Bob Costello, Rudy, Jay Sekelow, Giuliani, It's Trump, Timothy A, Clary, Donald, he's, — Trump, reimbursing Cohen, Pecker —, Pecker, — that's, Cohen's, Melissa Duran, Duran, Susan Hoffinger Organizations: Service, Business, Reuters, Trump, Prosecutors, National Enquirer, Trump Org, Manhattan Criminal, Getty, Defense, White House, —, Read, Wall Street Journal, FBI, Giuliani, CQ, Cohen's, AMI, Department of Justice, Federal, First Republic Bank, Trump Organization Locations: Manhattan, Trump, New York City, Mamaroneck , New York, Republic, New York, United States

☆ Rafael Nadal loses to Alexander Zverev at Roland Garros
▼ + stars: | 2024-05-27 | by ( Matthew Futterman | ) www.nytimes.com time to read: +5 min

PARIS, France — There will be no magical run, no age- and injury-defying push into the deep end of the competition. AdvertisementThe end officially arrived at 6:28, with a final miss off the Spaniard’s racket, forced by Alexander Zverev, who prevailed 6-3, 7-6, 6-3. A clump of two dozen that is used to getting choice seats clogged the entryway to the president’s box. Ultimately, that is what doomed him on a chilly and dreary afternoon and evening under the roof on Chatrier. He hit serves that became easy chances for Zverev to go on the defensive, and groundstrokes into the middle of the court that Zverev pounded for winners.

Persons: Rafael Nadal, Roland Garros, Alexander Zverev, Nadal, Philippe, Chatrier, ”, Emmanuel Dunand, He’d, hadn’t, Zverev, Brenda Patea, he’d, Mateo Villalba Organizations: Nadal, Getty Locations: PARIS, France, AFP, Paris, German, Berlin, Germany

☆ Rafael Nadal: In possibly his last French Open appearance, Spanish star prepares to take on Alexander Zverev
▼ + stars: | 2024-05-27 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +2 min

CNN —It might be the last dance for the ‘King of Clay.’In what could be his final French Open appearance ever, Rafael Nadal is set to take on world No. 4 Alexander Zverev in the first round of the tournament on Monday. How to watchNadal and Zverev are currently scheduled in the third match of the day on Court Philippe Chatrier – Roland Garros’ showpiece venue – and the contest is slated to begin around 8:30 a.m. NBC and streaming service Peacock begin their Monday coverage of the French Open at 11 a.m. 2 Zverev, widely tipped as one of the favorites to win the tournament in Paris.

Persons: Clay, ’, Rafael Nadal, Alexander Zverev, Nadal, Zverev, Philippe Chatrier – Roland Garros, Peacock, Roland Garros, “, Boris Becker, Nadal’s, ” Organizations: CNN, ATP, ATP Tour, Tennis Channel, NBC, Eurosport, Warner Bros ., CNN Sport, Nadal Locations: Paris, Rome

☆ A boomer moved from Texas to Missouri for her retirement thinking everything would be cheaper. She was 'so wrong.'
▼ + stars: | 2024-05-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period. AdvertisementTheir son attended the University of Missouri, where her husband went, and he settled in St. Louis. AdvertisementThey looked around St. Louis for two years but couldn't find much on the market.

Persons: Donna, Louis, Missouri Donna, St . Louis, It's, didn't, she's, She's, it'll Organizations: Service, Texans, Lone Star State, University of Minnesota's, Texas, Air Force, University of Missouri Locations: Dallas, Fort Worth, St, Texas, Missouri, Europe, St .

☆ Western countries are lining up to name and shame China for overproduction
▼ + stars: | 2024-05-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Read previewWestern countries are lining up to call out China for its barrage of cheap exports that are flooding the world's markets. "We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field, in line with World Trade Organization (WTO) principles." China pushes back on criticism, industrial profits rose in AprilBeijing has consistently resisted the West's criticism that it is dumping cheap goods on the world market. Chinese authorities say the West's accusations are protectionist and aimed at containing China's economic growth. In April, profits at China's industrial companies rose 4% from a year ago, reversing a drop in March, according to official statistics released on Monday.

Persons: —, Janet Yellen, Olaf Scholz, Bruno Le Maire, Yu Weining, Joe Biden, Biden, Josh Lipsky, Lipsky Organizations: Service, Business, EU, Bloomberg, World Trade Organization, China's Commerce Ministry, European Commission, International Monetary Fund Locations: China, France, Stresa, Italy, Beijing, United States

☆ Davis Riley: A week after his sister had surgery to remove a brain tumor, US golfer wins first individual PGA Tour event
▼ + stars: | 2024-05-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Davis Riley paid tributes to his sister, who is recovering from brain surgery to remove a tumor, and his former colleague Grayson Murray after winning the Charles Schwab Challenge on Sunday. 1 Scottie Scheffler and Keegan Bradley to win his first individual PGA Tour event by a five-shot margin. After undergoing scans, it was found that she had a brain tumor and underwent surgery upon recommendation from doctors. Although she couldn’t be in Texas to see Riley win his first individual PGA Tour event, Riley did her proud by putting in assured performance to earn himself a tartan jacket and the trophy. Riley plays a shot from a bunker on the 18th hole during the final round of the Charles Schwab Challenge.

Persons: CNN — Davis Riley, Grayson Murray, Charles Schwab, Riley, Scottie Scheffler, Keegan Bradley, he’d, Caroline, ” Riley, “ I’m, ”, Tim Heitman, Murray, Nick Hardy, Hardy, Riley’s, Alexandra, “ Davis, ” Hardy, “ Organizations: CNN, Colonial Country Club, PGA, PGA Tour, Zurich, New Locations: Texas, New Orleans

☆ AliExpress taps David Beckham for a brand ambassador deal
▼ + stars: | 2024-05-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Read previewAliExpress, the international e-commerce site owned by Alibaba, is bringing on soccer star David Beckham as a brand ambassador. Enter Beckham, who will be a global ambassador for AliExpress as the face of its "Score More with AliExpress" campaign, the company announced Monday. Related storiesIn conjunction with the partnership with Beckham, AliExpress said it's investing millions of euros to sponsor the UEFA Euro 2024 tournament — beginning June 1 — and drive user engagement to its app. Advertisement"AliExpress is helping fans get even closer to UEFA Euro 2024 this summer, by offering them great prizes as the action takes place on the pitch," the former English national team captain said in a statement. "Whether you're a football fan or not, I can think of no-one better to show how easy it is to win with AliExpress during UEFA Euro 2024," Gary Topp, European Commercial Director, AliExpress, said about partnering with Beckham.

Persons: —, David Beckham, Temu, Beckham, AliExpress, Alibaba, Jack Ma, Ma, Gary Topp Organizations: Service, Business, AliExpress, UEFA, English, Employees, Reuters Locations: Berlin

☆ These are the most important billionaires backing Trump's 2024 campaign
▼ + stars: | 2024-05-27 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

As the 2024 race heats up, Trump is getting support from a variety of billionaires. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs former President Donald Trump seeks a second term in the White House, he's increasingly turning to billionaires to power his campaign. Others may be relative newcomers, such as long-time GOP megadonors who backed his 2016 or 2024 rivals. This story is available exclusively to Business Insider subscribers.

Persons: Trump, —, Donald Trump, he's Organizations: GOP, Trump, Service, Business

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