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☆ BlackRock loses top infrastructure investor to Manulife amid executive shakeup
▼ + stars: | 2024-02-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Valentine Andrews, 52, will report to Lorentz and lead the firm's "next era of private markets growth," he wrote. She will remain in New York City, where Manulife's private equity and private credit teams are based. Valentine Andrews joined BlackRock in 2014 from Morgan Stanley, where she spent seven years and helped establish the firm's infrastructure-investing platform. She previously worked at Macquarie Bank, the firm known for its infrastructure investments, in Melbourne and New York. "I like to think about living life in chapters," Valentine Andrews wrote in a post on LinkedIn last month.

Persons: CQS, Anne Valentine Andrews, Paul Lorentz, Valentine Andrews, Lorentz, Angelo Gordon, Nuveen, BlackRock, Edwin Conway, Salim Ramji, Vipon, Brian Kernohan, Marc Feliciano, Morgan Stanley Organizations: Manulife Investment Management, Business, BlackRock, Manulife, Investment, Global Infrastructure Partners, TPG, Macquarie Bank, LinkedIn Locations: Toronto, Massachusetts, Manulife, New York City, Melbourne, New York

☆ The Israeli-Palestinian Conflict and the Long Shadow of 1948
▼ + stars: | 2024-02-01 | by ( Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +18 min

In 1948, Jews realized their wildly improbable dream of a state, and Palestinians experienced the mass flight and expulsion called the Nakba, or catastrophe. It’s only in 1948 that the Arabs become Palestinians and the Jews become Israelis. Many Jews became lower-level officers during World War II, and they brought their new military expertise to the 1948 war. Zoltan Kluger/GPO, via Getty Images Palestinian bombers destroyed buildings on Ben Yehuda Street in Jerusalem in March 1948. Bettmann/Getty Images A Palestinian refugee cut off from her home by the border established after the 1948 war.

Persons: Matson, —, Khalil Raad, Yaakov Ben Dov Delegates, Haj Amin al, Husseini, ”, It’s, Avraham Avinu, David, Fox, King David Hotel, David Ben, Gurion, “, Hitler, Hans Pinn, Abd al, Qadir al, Chalil, Zoltan Kluger, Ben Yehuda, Hugo H, Mendelsohn, John Phillips, Palestine ”, UNSCOP, Bettmann, Ruth Orkin, David Seymour, Jordan, Israel, Abdullah, Nadim, Leena Dallasheh, Abigail Jacobson, Moshe Naor, ” Derek Penslar, ” Itamar Rabinovich, Salim Tamari, Emily Bazelon, Herzl, Faisal Al, Hashemi, James Russell &, Bain, Jabotinsky, Abraham Pisarek, Weizmann, Heinrich Hoffmann Organizations: Congress, Institute for Palestine, Palestinian, . Institute for Palestine, Matson, Palestine, Getty, of Congress British, Peel, Zionist, Jewish, British Armed Forces, Allied, King, of Congress Women, Hulton, Biltmore, British, Agence France, Getty Images, Refugees, West Bank, Shutterstock, United Nations, League of Nations, United, United Nations Jewish, Madver, The, Palestine Studies, Columbia University, Columbia University , New York University, Rice University, Islamic, Hebrew University of Jerusalem, Center for Jewish Studies, Harvard University, Tel Aviv University, Birzeit University, Institute for Palestine Studies, The New York Times Magazine, James Russell & Sons, of Congress, Israel, Ben, General Photographic Agency, Society, International Affairs Locations: Palestine, City, Jerusalem, Canadian American, Israel, British, Jaffa, Damascus, Old City, Hebron, Safed, Europe, Arab, North Africa, New York City, Middle Eastern, Haifa, Cyprus, Jenin, U.S, United Nations, Iraq, Tel Aviv’s Lod, Lebanon, Eyal, el Bared, Egypt, Syria, Gaza, Tel Aviv, Ashdod, Palestinian, United States, Qatar, Iran, Columbia University ,, Nazareth, Israeli, Husseini

☆ A conservative fix for the housing crisis is making homes cheaper and more abundant in Texas
▼ + stars: | 2024-01-29 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

But unlike its coastal counterparts, Houston's homes are much cheaper and more abundant. Advertisement"It's really a way to limit housing construction," said Emily Hamilton, a housing researcher at the Mercatus Center at George Mason University. She added that minimum lot sizes maintain "a homogenous type of housing construction with often a high floor on how expensive it has to be." The policy change has spurred the construction of almost 80,000 new homes, many of them townhouses and other kinds of small-lot single-family homes. But the massive success of Houston's minimum lot size reform is getting noticed across Texas and around the country.

Persons: —, Emily Hamilton, Joseph Gyourko, Sean McCulloch, Hamilton, It's, it's, Nolan Gray, Freund, Brett Coomer, We're, Gray, Salim Furth Organizations: Service, Space, Business, George Mason University, California, Freund St, Houston Locations: Houston , Texas, New York City, San Francisco, Houston, walkable, Texas, Austin , Texas, Auburn , Maine, Helena , Montana, Arizona , Massachusetts, New York

☆ The future of the American amusement park in a Disney, Universal dominated world of thrills
▼ + stars: | 2024-01-27 | by ( Kevin Williams | ) www.cnbc.com time to read: +14 min

Eric Thayer | Bloomberg | Getty ImagesThe theme park business, like many others, is consolidating and changing along with consumer habits. Coney's closing ended an era for Cincinnati-based theme park consultant Dennis Speigel. And there's an underlying rationale for the deal related to what's occurred on the national theme park landscape in recent decades. watch nowA more consistent ride at Cedar Fair Comparatively, Cedar Fair has seen its attendance decline from 22.9 million visitors in the first nine months of 2019 to 20.9 million in 2023. "Disney and Universal have theme parks in several global markets and are considered destination resorts," Baker said.

Persons: Eric Thayer, Knotts, Looney, Richard Zimmerman, Selim Bassoui, Universal, Dennis Speigel, Speigel, Don Helbig, Helbig, Zimmerman, Bassoul, David Katz, Jeffries, It's, Katz, Salim, Berry, Stifel, Carissa Baker, Baker, Dallas restauranteur Shannon Wynne's, Wynne, Wynne's, Angus, Louis, Texans haven't, hadn't, Elizabeth Ringas, Ringas, it's Organizations: Bloomberg, Getty, Disney, Comcast's, Cedar Fair, Flags, Looney Tunes, Marvel, Cedar, Department of Justice, Fair, Dominion, Universal, Google, Dell, Six, Revenue, Cedar Fair Entertainment, Six Flags Entertainment Corp, Getty Images Bloomberg, SIX, University of Central, SeaWorld, Paramount Parks, Premier Parks for Six, Seaworld, Dallas, Texans, American, Enthusiasts, Comcast, CNBC Locations: Valencia , California, Florida, Cincinnati, Coney Island, York, Coney's, Coney, Kings, Virginia, New York, North America, Buena Park , California, Americas, University of Central Florida, Texas, Dallas, Greater Atlanta, St

☆ Larry Fink just kicked off the last chapter of his BlackRock reign
▼ + stars: | 2024-01-12 | by ( Michelle Abrego | Rebecca Ungarino | ) www.businessinsider.com time to read: +6 min

This all comes as Larry Fink, 71, is entering what is likely the last chapter of a successful career as cofounder and chief executive of $10 trillion BlackRock. Here's everything you need to know:BlackRock is set to buy Global Infrastructure Partners in its biggest deal in 15 yearsThroughout 2023, Fink signaled that a "transformational deal" was on the cards. He found his target in private equity firm and infrastructure investor Global Infrastructure Partners, the firm announced on Friday. Jessica Tan, head of BlackRocks' sustainability and transitions strategy, will head the global product solutions team in the Americas. Charles Hatami, global head of the financial and strategic investor group that focuses on relationships with large investors like insurers and sovereign wealth funds, will join BlackRock's global executive committee.

Persons: Larry Fink, Fink, Rob Kapito, BlackRock iShares, GIP, Kapito, Goldman Sachs, Goldman, David Solomon's, Ogunlesi, Wells, Mike Mayo, Larry, Stephen Cohen, Salim Ramji, Jessica Tan, Jane Sloan, GIP's, Edwin Conway, Conway, Rachel Lord, Lord, Charles Hatami Organizations: Business, BlackRock, Global Infrastructure Partners, GIP, London Gatwick, Wall Street, Asia Pacific, Securities, Exchange Commission Locations: Sydney, Bayo, Ogunlesi, BlackRock, Americas, Europe, East, India, Asia, Pacific

☆ HBO just released its first teaser for 'House of the Dragon' season 2. Expect more dragons and more bloodshed.
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

AdvertisementGet ready, because the second season of "House of the Dragon" is less than a year away. "House of the Dragon" season two will arrive on HBO sometime in the summer of 2024, HBO CEO Casey Bloys said at a Warner Bros. The first trailer for 'House of the Dragon' season 2 was released in DecemberThe first trailer for the second season was released on December 2 during the "House of the Dragon" panel at CCXP23 in São Paulo, Brazil. You can check it out here:Who's in the cast of 'House of the Dragon' season 2? Theo Whiteman/HBOWhile season one of "House of the Dragon" had 10 episodes, season two will only have eight, Deadline reported in March.

Persons: —, George R.R, Casey Bloys, Martin, Emma D'Arcy, Matt Smith, Matthew Needham, Eve Best, Rhys Ifans, Phoebe Campbell, Bethany Antonia, Ewan Mitchell, Fabien Frankel, Harry Collett, Olivia Cooke, Phia Saban, Steve Toussaint, Tom Glynn, Carney, Ollie Upton, Milly Alcock, Rhaenyra, Viserys, Paddy Considine, Simon Russell Beale, Ser Simon Strong, Freddie Fox, Ser Gwayne Hightower, Gayle Rankin, Alys, Abubakar Salim, Clinton, Jamie Kenna, Ser Alfred Broome, Kieran Bew, Hugh, Tom Bennett, Ulf, Tom Taylor, Cregan Stark, Vincent Regan, Ser Rickard Thorne, Theo Whiteman, Aemond, Miguel Sapochnik, Sapochnik, Ryan Condal, Alan Taylor, Condal, Alicent, Alicent Hightower, Rhaenyra Targaryen, Glynn, D'Arcy Organizations: Service, Dragons, HBO, Warner Bros, WGA, SAG, Entertainment, Jefferson, Clinton Liberty, Hollywood, Aegon Locations: Westeros, London, Wales, British, São Paulo, Brazil, Alys Rivers, Hull

☆ Everything we know about 'House of the Dragon' season 2
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

☆ Fact Check: Palestinian official flag in 1939 did not show Star of David
▼ + stars: | 2023-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

The image of the flag, which is half white and half blue with the Star of David in its centre, is spreading on Facebook (archived) with claims that it shows the official 1939 Palestinian flag. “The 1939 flag of Palestine shows that it was recognized as a Jewish entity even then,” one Facebook account wrote (archived). According to academics who spoke to Reuters, the flag seen in circulating images is not an official flag of historical Palestine. An example of a mandate-era official flag from 1946 can be seen on the British Imperial War Museums website. The official flag of mandate Palestine in 1939, during which Palestine was administered by Britain as a League of Nations Mandate, was a Union Jack.

Persons: David, Shay Hazkani, Joseph, Rebecca Meyerhoff, Jack, ”, Salim Tamari, Tamari, Sharif Hussein, Derek Penslar, William Lee Frost, “, Union Jack, Penlsar, Tamir Sorek, Read Organizations: Zionist, Palestinian, Jewish, Star, Larousse, Reuters, Center for Jewish Studies, University of Maryland, League of Nations, Institute of Palestine Studies, Birzeit University, British, Harvard University, Union, Penn State University, Society, International Affairs, Britain, League of Nations Mandate, Thomson Locations: Palestine, Larousse French, Israel, Ottoman Empire, Union

"While it's Syrians that are calling for it, for the use of chemical weapons in Syria, if states so wish, it could be far beyond Syria," Olabi told Reuters. The Exceptional Chemical Weapons Tribunal proposal was launched on Nov. 30, the day victims of chemical attacks are remembered worldwide. 'SOME KIND OF JUSTICE'The use of chemical weapons is banned under the Geneva Conventions that codified the laws of war. That ban was strengthened by the 1997 Chemical Weapons Convention, a non-proliferation treaty joined by 193 states which is overseen by the Organisation for the Prohibition of Chemical Weapons (OPCW). The OPCW has the power to investigate claims of chemical weapons use and in some cases identify alleged perpetrators, but it has no prosecutorial powers.

Persons: Safaa Kamel, We'll, Ibrahim Olabi, Olabi, Bashar al, Akande, Mohamad Salim Namour, IIIM, Catherine Marchi, Uhel, Maya Gebeily, Stephanie van den Berg, Anthony Deutsch, Mahmoud Hasano, Angus MacSwan, Bernadette Baum Organizations: HAGUE, Reuters, Diplomats, Convention, Organisation, Chemical Weapons, United Nations, United Nations International Law Commission, ICC, UN, Islamic, TEN, International, Thomson Locations: Eastern Ghouta, Syria, Syrian, Afrin, BEIRUT, The Hague, Jobar, Syria's, Damascus, Ghouta, British, Geneva, France, Balkans, Rwanda, Lebanon, Douma, Russia, Beirut

☆ Opinion: ‘Nothing prepares you to cover a war at home’: The vital mission to report on Sudan’s conflict
▼ + stars: | 2023-11-19 | by ( Nima Elbagir | ) edition.cnn.com time to read: +8 min

Port Sudan CNN —I have reported on conflicts around the world for over two decades, but nothing prepares you to cover a war at home. To so many Sudanese, though, they are instantly recognisable as the words of the people’s poet: Mahjoub Sharif. I was warned to never, ever play with any of the tapes in the cassette deck, especially the tapes of Sharif’s songs. Yet, the moment the war broke out earlier this year, home was the only place I wanted to be. Forty years after I watched my parents sing and cry and laugh to the Sudanese songs smuggled out to them, I find myself searching through Spotify for Sudanese playlists.

Persons: Port Sudan CNN —, –, “, Mahjoub Sharif, ”, We’d, Zohra Bensemra, Reuters Sharif’s, they’d, Omar al, Bashir, it’s, Nima Elbagir, Jake Tapper_00030428, Alex Platt, I’ve, Sharif, Mohammed Mekki Ibrahim, Mohammed Wardi, Abdelgadir Salim – Organizations: Port Sudan CNN, Red Cross, Reuters, Rapid Support Forces, Wagner, UN, CNN Locations: London, Geneina, Sudan's Darfur, Ourang, Adre, Chad, Russia, Khartoum, Cairo, Jeddah, Sudan, Sudan’s, Darfur

☆ Opinion: In its final season, ‘The Crown’ has lost itself
▼ + stars: | 2023-11-17 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +5 min

CNN —The most anticipated season of “The Crown” has arrived, and no one’s losing much sleep over the Queen this time. One of the many things that captivated viewers when “The Crown” arrived in 2016 was its cinematic scale. The lines between episodes one and three of season six, by contrast, are impossible to draw. As “The Crown” tells it, Al-Fayed’s relentless campaign to see his son Dodi and Diana engaged and thus secure British citizenship is almost as culpable for their deaths as the crash itself. Diana’s final night in Paris is rendered as the fatal culmination of Al-Fayed’s engineering of their relationship, and his pressure on Dodi to propose.

Persons: Holly Thomas, Katie Couric, ”, Holly Thomas Holly Thomas, Princess Diana, Elizabeth Debicki, irresistibly, Joy ”, Prince Phillip, Margaret, Diana, Prince Charles ’, Camilla Parker, Bowles, Mohamed Al, Dodi, Spencer, Diana cavorting, Margaret Thatcher, Prince Philip, Charles, paparazzo, Fayed, Harry, capitulates, Peter Morgan, Prince Charles, Salim Dau Organizations: Katie Couric Media, CNN, Al Locations: London, Al, Paris

☆ ‘The Crown’ Season 6 review: Diana takes center stage as final season saves the worst for last
▼ + stars: | 2023-11-16 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

After sweeping the Emmys with the previous iteration of its cast, the Netflix drama looks ready to limp across the finish line unbowed, but slightly bloodied. Splitting the final season into two parts, the first four episodes focus on a pair of relationships in the wake of the divorce that shook the world. Fflyn Edwards as Prince Harry, Elizabeth Debicki as Princess Diana and Rufus Kampa as Prince William in "The Crown" Season 6. The fifth season premiered not long after Queen Elizabeth II’s death, which somewhat obscured its shortcomings. “The Crown” begins its sixth season November 16 on Netflix.

Persons: ”, there’s, Peter Morgan, it’s, Diana, Elizabeth Debicki, Dodi Fayed, Khalid Abdalla, Mohamed Al Fayed, Salim Daw, Charles, Dominic West, Imelda Staunton, Camilla, Olivia Williams, Elizabeth, Prince Philip, Jonathan Pryce, Charles –, Fflyn Edwards, Prince Harry, Rufus Kampa, Prince William, Daniel Escale, Queen Elizabeth II’s Organizations: CNN, Netflix, Royals

☆ While Fewer Americans Have High Cholesterol, Too Many Still Do
▼ + stars: | 2023-11-01 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

By Cara Murez HealthDay Reporter(HealthDay)WEDNESDAY, Nov. 1, 2023 (HealthDay News) -- Despite progress in recent decades, too many Americans still have dangerously high LDL cholesterol levels, and about a quarter don't even know it, new research finds. Of course, you can only start treatment for high cholesterol if you know your cholesterol numbers are high. “That's why it's absolutely imperative that everybody should get their cholesterol checked and they should know their numbers,” Virani said. Being unaware and untreated for high cholesterol disproportionately affected Black, Hispanic and poorer people. “Clinicians have a lot of options to treat these patients and make sure that both their quality and quantity of life is not compromised just because of these high LDL cholesterol levels,” Virani said.

Persons: Cara Murez HealthDay, ”, Dr, Salim Virani, ” Virani, there's, It’s, Virani, Janet Wei, Wei, it’s, ” Wei Organizations: Research, Aga Khan University, . National Health, Heart, U.S . Centers for Disease Control, Graduate Studies, Smidt Heart Institute, JAMA Locations: Karachi, Pakistan, U.S, Cedars, Sinai, Los Angeles

NAIROBI, Kenya (AP) — King Charles III has expressed “greatest sorrow and the deepest regret” for the “abhorrent and unjustifiable acts of violence” committed against Kenyans as they sought independence, during a speech on his first day of a four-day visit. The king and Queen Camilla touched down in the capital, Nairobi, late Monday. Another group of protesters briefly chanted anti-British songs and threw roses at the foot of a monument to Mau Mau veteran Dedan Kimathi in Nairobi's central business district on Tuesday. “Just because the king is in Kenya, police have denied us our constitutional right to protest peacefully,” Juliet Wanjira, one of the organizers, said. During his visit, Britain announced 4.5 million pounds ($5.5 million) in new funding to support education reforms in Kenya.

Persons: — King Charles III, ”, explicity, Charles, William Ruto, Ruto, ” Ruto, Buckingham, Kenya's, that's, Charles ’, Queen Elizabeth II, Queen Camilla, Koigi Wamwere, ” Salim David Nganga, Joel Kimutai Kimetto, “, Kelvin Kubai, Dedan Kimathi, ” Juliet Wanjira, Wanjira Mathai, Wangari Maathai, Prince Philip Organizations: Kenyans, Kenyan, AP, British, Britain, Commonwealth, Aberdare National Locations: NAIROBI, Kenya, Britain, Commonwealth, East, Nairobi, Mau Mau, Nairobi's, Africa, South Africa

☆ FDA panel says Vertex/CRISPR to assess safety risks of gene therapy in follow-up study
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston, Massachusetts, U.S., October 23, 2019. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 31 (Reuters) - A panel of advisers to the U.S. health regulator said on Tuesday Vertex Pharmaceuticals (VRTX.O) and CRISPR Therapeutics (CRSP.BN) could assess potential safety risks of their sickle cell disease gene therapy after approval. If the therapy is approved, Vertex has proposed a 15-year follow up of patients to evaluate the safety outcomes of the therapy. Patients who were treated with the therapy were free from severe vaso-occlusive crisis for 12 months from the infusion of exa-cel. "It was made pretty clear that any theoretical off-target editing concerns do not outweigh the benefits of drug approval," said Salim Syed, analyst at Mizuho.

Persons: Brian Snyder, Scot Wolfe, Salim Syed, Sriparna Roy, Krishna Chandra Organizations: Vertex Pharmaceuticals, REUTERS, CRISPR Therapeutics, Staff, U.S . Food, Drug Administration, UMass Chan Medical, Analysts, FDA, Mizuho, Thomson Locations: Boston , Massachusetts, U.S, Bengaluru

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ Palestinians in fear as Israel retaliates against Hamas
▼ + stars: | 2023-10-08 | by ( Ibrahim Dahman | ) edition.cnn.com time to read: +5 min

Gaza CNN —When the Palestinian militant group Hamas launched an attack on Israel Saturday morning, Palestinians living in the besieged strip had mixed feelings. Ibrahim Dahman/CNNThose who venture out do so only to complete essential errands, or to look for their missing in the carnage of Israeli strikes. Following Hamas’ incursion, Palestinians were also barred from leaving Gaza through Erez crossing, which has become the site of a battle between Hamas and Israeli forces. ‘Panic and fear’The Gaza Strip has been almost completely cut off from the rest of the world for nearly 17 years. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: Benjamin Netanyahu, ”, Ron Dermer, CNN’s Dana Bash, Daniel Hagari, Israel, Ibrahim Dahman, Salim Hussein, Hussein, Netanyahu, Richard Hecht, ” Gazans, Hagari, Hani El, Bawab, “ Organizations: Gaza CNN, Hamas, Israel, Strategic, Israel Defense Forces, Palestinian Ministry of Health, CNN, Sunday, Human Rights Watch, Islamic Locations: Gaza, Palestinian, Israel, Sunday, Erez, Egypt

☆ Tunisian heatwave hits wine output
▼ + stars: | 2023-09-07 | by ( Jihed Abidellaoui | ) www.reuters.com time to read: +2 min

Estimates of how far wine output has fallen vary, from a roughly 20% drop according to the Agriculture Ministry's Kilani Belhaj, to a reduction of 40-50% according to Vineyard Producers' Syndicate head Salim Chaouch. Winemakers in France and elsewhere in southern Europe have also warned of lower wine output this year due to the heat. "Climate change has impacted both the quantity and quality of production, with a broad effect on the sector. In ancient times Tunisia was a major wine producer under the Carthaginian and Roman empires and commercial-scale output began again under French colonialism, though it has not become a significant exporter. The grapes are picked early in the morning and driven to a modern processing facility at Takelsa in central Tunisia to be turned into wine.

Persons: Kilani, Salim Chaouch, Farmer Wajdi Graya, Hammadi Brik, Latifa Guesmi, Angus McDowall, Alexandra Hudson Organizations: Agriculture, Vineyard Producers, Syndicate, Alexandra Hudson Our, Thomson Locations: TUNIS, North Africa, France, Europe, Tunisia, Bon, Takelsa, Coteaux

☆ BlackRock keeps pumping the brakes on a new fund amid state-level ESG criticism
▼ + stars: | 2023-08-24 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Last fall, BlackRock filed to launch an ESG municipal bond exchange-traded fund. It is in essence an ESG version of its major $32 billion municipal bond fund. The delay for the world's largest ETF provider has puzzled some in the industry. This year Goldman Sachs launched its first municipal bond ETF, which takes into account social and environmental factors. BlackRock's ESG municipal bond ETF has another wrinkle.

Persons: Larry Fink, Wesley Gray, Matthew Tuttle, they've, Goldman Sachs, Fink, Salim Ramji, Tony Kelly Organizations: BlackRock, Securities and Exchange Commission, SEC, HIP Muni Bond ETF, Alpha, Republican, Tuttle Capital Management, Goldman, HIP Investor, HIP Locations: York, Arizona , Texas, South Carolina, BlackRock, Connecticut

☆ The unlikely love affair between Australia and Bollywood
▼ + stars: | 2023-08-19 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

CNN —It is the kind of unlikely love story that would make the scriptwriters of Asia’s biggest movie business proud. Film & Casting TempleHarman Baweja starred alongside Priyanka Chopra in “Love Story 2050,” shot in South Australia and released in 2008. “Australia realized that after ‘servicing’ Bollywood for over 13 years it was time to shift gears and move to collaboration with Indian cinema,” said Sharma. Salim MerchantChanging global appetiteOf no little importance is the growing audience for Bollywood productions in Australia. Anupam Sharma films for Australia's first ethnic reality show, "Bollywood Star," on SBS TV by WTFN.

Persons: Anthony Albanese, Narendra Modi, Tony Burke, “, ”, Anupam Sharma, Sharma, Feroz Khan –, “ Bollywood’s Clint Eastwood ” –, I’m, ’, “ Prem Aggan, Khan, Harman Baweja, Priyanka Chopra, Mike Rann, Baweja, Harry Baweja, Ajay Devgan, ” Sharma, Garth Davis, Dev Patel, Nicole Kidman, David Wenham, Weinstein, ” Brothers Salim, Sulaiman Merchant, “ UnIndian, Salim Merchant, Salim, Sulaiman, Mitu Bhowmick Lange, Bhowmick Lange “, ” Bhowmick Lange, Bhowmick Lange, La Trobe, Anupam, “ Everyone’s Organizations: CNN, Asia’s, Australian, Indian Film, of Melbourne, Sydney Opera House, Baweja Studios, “, Mumbai, –, ”, Co, “ Salaam, La Trobe University, La, SBS, WTFN Locations: Australia, Delhi, Brisbane, Sydney, Australian, Melbourne, India, Lake Gairdner, South Australia, Western Australia, “ Australia, ” Australia, Canada, China, Mumbai, Victoria, China Town

InvestingThe market’s best guess at the real, after-inflation, cost of money is back within the range of what once counted as normal. America has put the era of low rates behind it. Can it cope?

Locations: America

REUTERS/Rupam Jain/File PhotoGURUGRAM, India, Aug 10 (Reuters) - Over 3,000 poor Muslims have fled a business hub outside New Delhi this month, fearing for their lives after Hindu-Muslim clashes and sporadic attacks targeting them, residents, police and a community group said. The Gurugram president of Jamiat-Ulema-e-Hind (Council of Indian Muslim Theologians) Mufti Mohammed Salim estimated that more than 3,000 Muslims had left the district after the violence. "Many Muslims decided it's best to leave for a while," said Sheikh, adding that some Hindu owners of shops rented out to Muslims wanted them to vacate. "No one is asking them to leave and we are providing full security in all communally sensitive areas," he told Reuters. Reporting by Rupam Jain and Sakshi Dayal; Editing by YP Rajesh and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Rupam, Raufullah Javed, Mufti Mohammed Salim, Shahid Sheikh, it's, Narendra Modi's, Ernst &, Anil Vij, Rupam Jain, Sakshi Dayal, YP Rajesh, Angus MacSwan Organizations: REUTERS, Reuters, Bharatiya Janata Party, BJP, Police, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, YP, Thomson Locations: Gurugram, New Delhi, India, Nuh, Haryana, Bihar, Tigra, India's, Gurgaon

☆ Lebanon's central bank to phase out Sayrafa exchange platform
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +2 min

Beirut, July 17 (Reuters) - Lebanon’s central bank will decommission the controversial exchange platform known as Sayrafa after governor Riad Salameh’s 30-year tenure ends this month, one of the institution’s vice governors told Reuters on Monday. "It's about the way Sayrafa will be phased out," he said. The exchange platform was set up in May 2021, 18 months into Lebanon's economic meltdown. Chahine said the platform would be replaced by an "exchange rate determination electronic platform" set up through international providers. The World Bank described it as one of the "weak, and often counterproductive, policies implemented by the Lebanese authorities since the outbreak of the crisis."

Persons: Riad Salameh’s, Salim Chahine, Sayrafa, Chahine, Maya Gebeily, Josie Kao Organizations: Reuters, International Monetary Fund, Bloomberg, World Bank, Thomson Locations: Beirut, Sayrafa's

☆ Companies need to be looking at A.I. as massively disruptive idea, says XPRIZE's Peter Diamandis
▼ + stars: | 2023-06-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies need to be looking at A.I. as massively disruptive idea, says XPRIZE's Peter DiamandisPeter Diamandis, executive chairman of the XPRIZE Foundation, and Salim Ismail, founding executive director of Singularity University, joins 'The Exchange' to discuss effective competition in the A.I. space, their latest book 'Exponential Organizations 2.0, and how companies need to be creative about introducing A.I. developments.

Persons: XPRIZE's Peter Diamandis Peter Diamandis, Salim Ismail Organizations: Companies, XPRIZE Foundation, Singularity University

☆ BlackRock CEO Fink trains successors, with no imminent plan to retire -WSJ
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +1 min

May 13 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall Street Journal reported on Saturday. Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together. BlackRock said it plans no major changes to the way it engages with companies. Reporting by Baranjot Kaur in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

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