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☆ Interactive Brokers Chairman Peterffy: 'I get the feeling the market is somewhat exhausted'
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInteractive Brokers Chairman Peterffy: 'I get the feeling the market is somewhat exhausted'Thomas Peterffy, Interactive Brokers chairman, joins 'Closing Bell Overtime' to talk earnings results, the state of the markets and more.

Persons: Thomas Peterffy Organizations: Interactive

☆ Opinion: Who is winning? Gen. Petraeus on Ukraine war, two years in
▼ + stars: | 2024-02-23 | by ( Peter Bergen | ) edition.cnn.com time to read: +18 min

CNN —Two years into the Ukraine war, the tide has shifted, and Russian forces have some momentum, according to retired US General David Petraeus. Michal Dyjuk/AP/FILELast weekend Gen. Petraeus was at the Munich Security Conference, the leading global national security conference that was attended by pretty much every European leader and by top American officials – including Vice President Kamala Harris and Secretary of State Antony Blinken. BERGEN: At the Munich Security Conference, what was the mood like? BERGEN: Who’s winning the war in Ukraine? BERGEN: What’s going on in Ukraine looks a lot like World War I, in the sense that it’s trench warfare, minefields, machine guns.

Persons: Peter Bergen, ”, David Petraeus, Vladimir Putin’s, Putin, Lord Andrew Roberts, ” David Petraeus, Michal Dyjuk, Petraeus, Kamala Harris, Antony Blinken, Alexey Navalny’s, Volodymyr Zelensky, Gen, PETRAEUS, I’ve, Olaf Scholz, Jens Stoltenberg, Tobias Schwarz, they’ll, Who’s, I’m, Vladimir Putin, Alexey Navalny, we’re, didn’t, Thomas Peter, –, Zelensky, can’t, what’s, There’s, Sergei Supinsky, it’s, Andrew Roberts, Biden, Donald Trump’s Organizations: New, Arizona State University, Apple, Spotify, Trump Administration, CNN, Munich Security Conference, Conference, Supreme, NATO, Munich, Reuters, Republicans, Kremlin, Russian Federation, Kherson –, Tactical Missile Systems, Pentagon, Getty, Congress, Munich Security, PETRAEUS Locations: New America, Ukraine, United States, Afghanistan, Iraq, Avdiivka, BERGEN, Munich, Europe, Russia, Russian, Spain, Moscow, Kyiv, Kharkiv, Chernihiv, Sumy, Kherson, Ukrainian, Swedish, Donetsk, Sevastopol, Crimea, North Africa, Egypt, Kremlin, St, Petersburg, Moldova, Transnistria, Baltic, Soviet Union, AFP, ” BERGEN

☆ As Ukraine marks two years since Russia’s invasion, Europe is facing difficult questions
▼ + stars: | 2024-02-22 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

Arguably most important among those questions: How long can it practically sustain such draining financial support for Ukraine? The United Kingdom, arguably the major security player in the region, has also pledged more than $15 billion to Ukraine since 2022. This is an alarming prospect for European officials who already believe Putin is digging in and trying to wait out the West. In the run-up to the US presidential election, the question of what happens to European security without America will inevitably be asked. Europe simply doesn’t have the manufacturing heft right now to independently serve Ukraine over the next 12 months.

Persons: Vladimir Putin’s, Money, Volodymyr Zelensky, Ursula von der Leyen, Joe Biden, Stefan Rousseau, Donald Trump, White, Trump, Putin, Thomas Peter, ” Organizations: CNN, Ukraine, Bakhmut, European Union, NATO, EU, Kiel Institute, US, Parliamentary, Getty, White House, DC Locations: Vladimir Putin’s Ukraine, Europe, Ukraine, Avdiivka, United States, Kyiv, EU, Kiel, United Kingdom, Ukrainian, AFP, NATO, America, Kramatorsk, Brussels, China, Beijing

☆ Ukraine's tactical switch could make it even harder for an already struggling Russia to make any progress in the war
▼ + stars: | 2024-02-06 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

A tactical shift by Ukraine will likely make it even harder for Russia to gain new territory in its invasion, an expert told Business Insider. Riley Bailey, a Russia analyst at the Institute for the Study of War, told BI that Ukraine's defenses will make it "harder for Russian forces to attack head on into entrenched fortified positions. Russia has already struggled to make progress, and these fortifications will likely make its goals even harder to reach. It frustrated advanced Ukrainian weaponry like tanks. 110th Separate Mechanized BrigadeThe extra fortifications will now make Russian decision-making harder, Bailey said.

Persons: Riley Bailey, Bailey, Thomas Peter TPX, Patrick Bury, William Alberque, Ukraine doesn't, Alberque, Jack Watling Organizations: New York Times, Institute for, Business, REUTERS, Patrick, UK's University of Bath, NATO, Mechanized, International Institute for Strategic Studies, Reuters Locations: Ukraine, Russia, Ukrainian, Kupiansk, Kyiv, Avdiivka

☆ The Newsom-DeSantis debate talked about 2024 — but it really sets the stage for 2028
▼ + stars: | 2023-12-01 | by ( Lloyd Lee | Matthew Loh | ) www.businessinsider.com time to read: +5 min

"I'm here to tell the truth about the Biden-Harris record," Newsom said in the early minutes of the debate. "It was more of a spectacle than a debate," Akhavan said. DeSantis has also taunted Newsom to "throw his hat in the ring" and run for president in 2024 against President Joe Biden. According to a FiveThirtyEight average of national Republican presidential polls, Trump leads 60% while DeSantis sits at 12.6%. In April, a group of wealthy GOP donors appeared to sour on their support for DeSantis, questioning his presidential prospects.

Persons: Gavin Newsom, Ron DeSantis, They're, Sean Hannity, —, Gavin Newsom sparred, aren't, DeSantis, Donald Trump, Nikki Haley, Newsom isn't, Newsom, Kambiz Akhavan, Akhavan, Joe Biden, Kamala Harris, Harris, Trump, Biden, Hannity, It's, Thomas Peterffy Organizations: Florida Gov, TV, Service, California Gov, Fox, USC Center, Biden, Trump, Republican, GOP Locations: California, Florida, America

[1/10] Cadets of Military Institute of Taras Shevchenko National University take part in a swearing-in ceremony at the National Museum of the History of Ukraine in the Second World War, amid Russia's attack on Ukraine, in Kyiv, Ukraine September 8, 2023. "We want Ukraine to win, but not through the efforts of the same people," she said in an interview at her home in Kyiv. Women on the home front have also had to become stronger, she added: "But at what cost did we become stronger?" Only Ukrainian men aged between 27 and 60 can be mobilised by draft officers. Ukraine, which has said it has about 1 million people under arms, has barred military-age men from going abroad.

Persons: Viacheslav, Antonina Danylevych's, Danylevych, Oleksandr, who's, they're, Volodymyr Zelenskiy, Zelenskiy, Dyma Cherevychenko, Oksen Lisovyi, Ben Wallace, Zelenskiy's, David Arakhamia, Anton Hrushetskyi, We'd, Hrushetskyi, couldn't, Charlotte Bruneau, Thomas Peter, Tom Balmforth, Mike Collett, White Organizations: of Military Institute, Taras Shevchenko National University, National Museum of, REUTERS, Army, Russian, shirk, Economist, dodgers, Reuters, Education, Facebook, Telegraph, Trust, Kyiv International Institute of Sociology, Thomson Locations: Ukraine, Kyiv, KYIV, Ukrainian, Russian, Bakhmut, Kyiv's, United States, Russia, Romania

☆ China's central bank pledges to support domestic demand
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Nov 27 (Reuters) - China's central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted monetary policy to better support domestic demand. "Prudent monetary policy should be precise and forceful, with greater emphasis on cross-cyclical and countercyclical adjustments, enriching the monetary policy toolbox," the bank said. The bank added it would "further unblock the monetary policy transmission mechanism", enhance the stability of financial support for the real economy and keep prices "reasonably stable". China's economy is gaining momentum, but it faces challenges such as an imbalanced global economic recovery and an unstable foundation for domestic economic recovery, the central bank said. "Supply and demand dynamics in the property market have greatly changed," the central bank said.

Persons: Thomas Peter, Liangping Gao, Kevin Yao, Ella Cao, Ethan Wang, Bernard Orr, Toby Chopra, Christina Fincher Organizations: Central Business District, National People's Congress, REUTERS, Rights, Thomson Locations: Beijing, China, Rights BEIJING

☆ Ukraine unveils monument to soldier shot dead on video
▼ + stars: | 2023-11-25 | by ( Vladyslav Smilianets | ) www.reuters.com time to read: +2 min

[1/4] Workers prepare to lift the statue of Ukrainian serviceman Oleksandr Matsievskyi, who was executed by Russian troops in 2022, at his memorial site, amid Russia’s attack on Ukraine, in Nizhyn, Ukraine, November 24, 2023. REUTERS/Thomas Peter Acquire Licensing RightsNIZHYN, Ukraine, Nov 25 (Reuters) - A Ukrainian soldier who was posthumously awarded a medal after a widely shared video showed him declaring "Glory to Ukraine" before apparently being shot dead, was commemorated with a statue in his northern hometown on Saturday. Kyiv blamed "brutal and brazen" Russians for his death, as did his mother Paraska Demchuk, 68. "He would say to me, 'Mum, I will never let them capture me'," she said through tears. Additional reporting by Max Hunder and Nick Starkov; writing by Elaine Monaghan; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Oleksandr Matsievskyi, Thomas Peter Acquire, Oleksandr Matsievskiy, Slava Ukraini, Paraska Demchuk, Volodymyr Zelenskiy, Matsievskiy, Slava, Max Hunder, Nick Starkov, Elaine Monaghan, Hugh Lawson Organizations: Workers, REUTERS, Ukraine, Thomson Locations: Ukraine, Nizhyn, Ukrainian, Chernihiv

[1/5] Bohdan Yermokhin, a Ukrainian teenager who was taken to Russia from the occupied city of Mariupol, shakes hands after arriving in Ukraine from Belarus at the border crossing in Kortelisy, amid Russia’s ongoing attack on Ukraine, November 19, 2023. REUTERS/Thomas Peter Acquire Licensing RightsKORTELISY, Ukraine, Nov 19 (Reuters) - A Ukrainian teenager who was taken to Russia from the occupied city of Mariupol during the war and prevented from leaving the country earlier this year returned to Ukraine on Sunday. In March, he tried to leave Russia for Ukraine via Belarus, but was stopped and sent back. "I believed I would be in Ukraine, but not on this day," Yermokhin told Reuters while eating at a petrol station after crossing into Ukraine. Asked if he was glad to be back in Ukraine, Yermokhin said "yes."

Persons: Bohdan Yermokhin, Thomas Peter Acquire, Volodymyr Zelenskiy, Yermokhin, Zelenskiy, Yermokhin's, Bohdan, he's, Andriy Yermak, Mariam Lambert, Kateryna Bobrovska, Russia's, Maria Lvova, Belova, Vladimir Putin, Pavel Polityuk, Tom Balmforth, Jane Merriman, Ron Popeski, Bill Berkrot, Chris Reese Organizations: REUTERS, Sunday, Children's Fund, UNICEF, Russia, FOSTER CARE, Foundation, Reuters, Criminal Court, ICC, Kremlin, Thomson Locations: Ukrainian, Russia, Mariupol, Ukraine, Belarus, Kortelisy, Qatar, MOSCOW, Moscow, Dutch, Minsk, Belarusian, The Hague

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSHANGHAI/PARIS, Nov 17 (Reuters) - The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. "Luxury brands offer you this event experience, this personal experience and it makes you feel privileged," Wang told Reuters. This week, Burberry (BRBY.L) also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China. FEEDING THE LUXURY HABITEven as they narrow their focus, luxury brands remain optimistic about the potential in China, which is forecast to account for almost 40% of global luxury sales by 2030, according to consultants Bain. Luxury consultant Mario Ortelli said several luxury firms are hedging their bets on China by also expanding their global footprint.

Persons: Thomas Peter, Diana Wang, Wang, Tiffany, Chopard, Jacques Roizen, Cartier, Richemont, It's, Jean, Marc Duplaix, Versace, Donatella Versace, Gucci, Chanel, Dior, Cyrille Vigneron, LVMH, Louis Vuitton, Bain, Eric du Halgouet, Birkin, Mario Ortelli, Ortelli, it's, Mimosa Spencer, Casey Hall, Miral Organizations: Tiffany, REUTERS, Rights, Reuters, Burberry, HSBC, Digital Luxury, Chanel, Shanghai, Capri Holdings, Tapestry, Bund, Thomson Locations: Beijing, China, PARIS, Shanghai, Cartier, Shenzhen, South Korea, Japan, Thailand

☆ China moves to clean up Huarong’s “bad bank” brand
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The logo of China Huarong Asset Management Co is seen at its office in Beijing, China, April 16, 2021. REUTERS/Thomas Peter Acquire Licensing RightsSINGAPORE, Nov 16 (Reuters Breakingviews) - What’s better than cleaning up your battered brand? That’s the view of China Huarong Asset Management (2799.HK), one of the country’s four so-called bad banks created after the 1997 Asian financial crisis to buy soured loans from state-owned lenders. Late on Wednesday, it renamed itself “China CITIC Financial Asset Management” after its top shareholder, state-owned financial conglomerate CITIC group. Now that Huarong has taken up the CITIC brand, the state’s support of the bad bank has more at stake if its troubles don't go away.

Persons: Thomas Peter Acquire, Lai Xiaomin, Huarong, Yawen Chen, Francesco Guerrera, Thomas Shum Organizations: Asset, REUTERS, Rights, Reuters, Asset Management, HK, Financial, Management, CITIC Ltd, CITIC, X, Goodyear, Alstom, Thomson Locations: China, Beijing, Rights SINGAPORE, Huarong, CITIC's Hong Kong

☆ BAIC unit applies for approval to build Xiaomi-branded EVs in China
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +3 min

People clean the floor at the stall of the BAIC Group automobile maker at the IEEV New Energy Vehicles Exhibition in Beijing, China October 18, 2018. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Nov 15 (Reuters) - A unit of Beijing-based automaker BAIC Group <1958.HK> has applied to regulators for approval to build two Xiaomi-branded <1810.HK> electric vehicles (EVs), China's industry ministry website showed on Wednesday. The filing indicates that BAIC will be the manufacturer for these two models, even though Xiaomi has built a plant that can produce 200,000 EVs annually in Beijing. The new EVs will be built at a site that is the same address as the Xiaomi plant, China Business News reported. Both BAIC and Xiaomi did not immediately respond to requests for comment on the EV applications.

Persons: Thomas Peter, Xiaomi, ORV, Max, Lu Weibing, Qiaoyi Li, Zhang Yan, Brenda Goh, Mo Yelin, Muralikumar Anantharaman, Kim Coghill Organizations: BAIC Group, New Energy Vehicles Exhibition, REUTERS, Rights, BAIC, HK, CATL's, Ministry of Industry, China Business News, STAR, Reuters, Tesla Inc, Lucid, Thomson Locations: Beijing, China, Rights BEIJING, Shanghai

☆ China's Jan-Oct property sales fell 7.8% y/y, investment down 9.3%
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Nov 15 (Reuters) - Property sales by floor area in China fell 7.8% year-on-year in January-October, compared with a 7.5% slide in the first nine months of 2023, suggesting China's property sector is yet to emerge from its slump. Property investment in the first 10 months of 2023 fell 9.3% from a year earlier, after dropping 9.1% in January-September, according to data from the National Bureau of Statistics (NBS) released on Wednesday. New construction starts measured by floor area fell 23.2% year-on-year, after a 23.4% slump in the first nine months. Funds raised by China's property developers were down 13.8% year-on-year after a 13.5% fall in January-September. (This story has been corrected to change sales fall percentage to 7.8%, from 6.8%, in the headline and paragraph 1)Reporting by Liangping Gao, Ella Cao and Ryan Woo; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas Peter, Liangping Gao, Ella Cao, Ryan Woo, Sam Holmes Organizations: REUTERS, Rights, National Bureau of Statistics, Thomson Locations: Zhengzhou, Henan province, China, Rights BEIJING

☆ China's property sales extend declines, weighing on outlook
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Property sales by floor area fell 20.33% year-on-year against a 19.77% fall in September, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS). Sales fell 7.8% year-on-year in January-October, compared with a 7.5% slide in the first nine months of 2023. Property investment fell 16.7% from a year earlier after an 18.7% slide in September, according to Reuters calculations. New construction starts measured by floor area fell 23.2% year-on-year, after a 23.4% slump in the first nine months. Funds raised by China's property developers were down 13.8% year-on-year after a 13.5% fall in January-September.

Persons: Thomas Peter, Ping, Liangping Gao, Ella Cao, Ryan Woo, Sam Holmes Organizations: REUTERS, Rights, National Bureau of Statistics, Authorities, Bloomberg, Reuters, HK, Ping An Insurance, Thomson Locations: Zhengzhou, Henan province, China, Rights BEIJING

☆ Exclusive: China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +5 min

The guidelines were mentioned in a cabinet document that was circulated among local governments, policy banks and state lenders last month, said the two sources with knowledge of the matter. The move comes after numerous local governments' PPP expenditure hit the upper limit of the threshold in recent years. But the PPP boom has alarmed authorities who say some local governments have used public-private partnerships, government investment funds and government procurement services as "disguised channels" for raising debt. The State Council and the NAO did not immediately respond to Reuters requests for comments. A portion of the $12.6 trillion local government debt is linked to the PPP projects, as municipalities used these infrastructure-building initiatives as a conduit to raise capital.

Persons: Thomas Peter, NAO, Kevin Yao, Ziyi Tang, Sumeet Chatterjee Organizations: Central Business District, National People's Congress, REUTERS, Rights, International Monetary Fund, National Audit, State, State Council, Bank of, Reuters, National Development, Reform Commission, Thomson Locations: Beijing, China, Rights BEIJING, Bank of China

People walk past the headquarters of the Chinese ride-hailing service Didi in Beijing, China, December 3, 2021. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsNov 13 (Reuters) - Didi Global, China's largest ride-hailing company, on Monday reported its first quarterly profit since 2021, adding to signs of its comeback from regulatory challenges as domestic demand for mobility services continues to recover. Didi in 2021 came into the crosshairs of China's cyberspace regulator for pursuing a U.S. stock listing without an approval. Didi was fined $1.2 billion in July 2022 over data-security breaches, but began to emerge from these regulatory troubles in January after it was allowed to restore its apps. The company has also taken steps to streamline its business operations and focus on its core ride-hailing services.

Persons: Didi, Thomas Peter, Alibaba, Wei Cheng, Yelin, Sameer Manekar, Kim Coghill, Sherry Jacob, Phillips Organizations: REUTERS, Didi Global, HK, SoftBank, Monday, New York Stock Exchange, Thomson Locations: Beijing, China, U.S, Yelin Mo, Bengaluru

☆ Polestar the first EV maker to incorporate StoreDot's fast-charging batteries
▼ + stars: | 2023-11-09 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

Under the terms of the deal the two companies will collaborate on incorporating the fast-charging technology into Polestar vehicles. A prototype will be demonstrated next year, and StoreDot said it hopes Polestar cars using its extreme fast-charging batteries will be on the road by 2027. Polestar CEO Thomas Ingenlath said the collaboration with StoreDot would give EV owners "the ability to recharge in minutes". "What used to be range anxiety in electric vehicles is now transforming to charging anxiety," StoreDot CEO Doron Myersdorf said. Polestar last month said deliveries of electric vehicles (EV) rose 50% in the third quarter from a year earlier but fell 12% from the second quarter.

Persons: Thomas Peter, StoreDot, Thomas Ingenlath, Doron Myersdorf, Myersdorf, Polestar, Steven Scheer, Jan Harvey Organizations: Beijing International Automotive, Auto, REUTERS, Rights, Volvo, BP, Daimler, StoreDot, EV, Reuters, Thomson Locations: Auto China, Beijing, China, Swedish

☆ SoftBank books $5.2 bln quarterly loss as investments and weak yen bite
▼ + stars: | 2023-11-09 | by ( Anton Bridge | ) www.reuters.com time to read: +2 min

The results underscore the volatility and risk inherent in founder Masayoshi Son's strategy of betting big on often risky start-ups. The Japanese conglomerate said it was squeezed by weakness in the yen that drove up costs on its dollar-denominated debt. SoftBank reported a 789 billion yen ($5.2 billion) net loss for the three months to end-September, compared with a 3.01 trillion yen profit a year earlier when it sold down a large portion of its stake in Chinese e-commerce giant Alibaba (9988.HK). Its Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, after posting a 160 billion yen profit three months earlier. SoftBank said it exchanged unsecured WeWork notes into shares and convertible bonds and reflected a 21.6 billion yen loss from the transaction in the first half.

Persons: Thomas Peter, Masayoshi, SoftBank, Anton Bridge, Miyoung Kim, David Dolan, Tom Hogue Organizations: REUTERS, Rights, SoftBank, HK, Vision Fund, Thomson Locations: Tokyo, WeWork

☆ Nikki Haley surges in polls which could draw undecided wealthy donors
▼ + stars: | 2023-11-08 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Ambassador to the United Nations Nikki Haley registers for the South Carolina 2024 presidential primary ballot at the South Carolina State House in Columbia, South Carolina, U.S. October 30, 2023. Former United States ambassador to the United Nations Nikki Haley has a rare chance at Wednesday's debate to reel in undecided wealthy donors who have so far sat on the sidelines of the 2024 presidential election. Haley is surging in the polls, and has pulled even with fellow primary contender Florida Gov. "Haley has stopped short of calling for a national abortion ban, a position that puts her at odds with some members of her party. When asked if he'd consider supporting Haley in the primary, Peterffy said to CNBC, "I will take some time to decide."

Persons: Nikki Haley, Haley, Ron DeSantis, Donald Trump, Ken Griffin, Paul Singer, Thomas Peterffy, Griffin, Peterffy, Peterffy's, Glenn Youngkin, he'd Organizations: Republican U.S, U.S, United, South Carolina, South Carolina State House, Former United, Florida Gov, Republican, Citadel, Interactive, GOP Gov, CNBC, Republican Party, NBC Locations: Columbia , South Carolina, U.S, Former United States, Iowa, Republican Iowa, Miami, New Hampshire

☆ Virginia elections: Youngkin looks to prove that non-MAGA politics can be a winning Republican strategy
▼ + stars: | 2023-11-07 | by ( Jake Tapper | Arit John | ) edition.cnn.com time to read: +10 min

Glenn Youngkin isn’t on the ballot this year, but his push for a new conservative direction for the Republican Party is. The discipline extended beyond the 10 candidates Youngkin endorsed in competitive primaries, so as to keep distractions at bay. Virginia Democrats, who would normally use such a post to put the entire GOP in an awkward position, did not apparently even notice. Still, there isn’t a lot of evidence that the Virginia Democratic Party sees Youngkin as any sort of liability for the GOP — he isn’t featured negatively in any of their ads, for example. “What we have found out over the last two years is that that vest-wearing, affable, basketball playing dad is really a MAGA Extremist,” said Virginia Democratic Party Chair Susan Swecker.

Persons: Glenn Youngkin isn’t, MAGA, He’s, Youngkin –, aren’t, that’s, Donald Trump, ”, “, Youngkin, “ I’ve, Joe Biden, ” Youngkin, ABC’s George Stephanopoulos, Youngkin’s, Mark J, Rozell, Roe, Wade, ” Rozell, Taylor Keeney, Bob McDonnell, Thomas Peterffy, Sen, Siobhan Dunnavant, Dunnavant, Del, Tara Durant, Matt Strickland, Emily Brewer, Hermie Sadler, Durant, Juan Pablo Segura, Jason Ballard, John McGuire, Bryce Reeves, Bill Woolf, Buddy Fowler, John, Lee Peters, Mike Dillender, McGuire, Reeves, Ballard, Daniel Squadron, Tim Kaine, Mark Warner, he’s, Susan Swecker Organizations: CNN, Virginia Gov, Republican Party, Democratic, Democrat, Republican, GOP, Privately, Trump, Commonwealth, Virginia Democrats, Schar School of Policy, Government, George Mason University . Virginia, Republican Gov, PAC, OB, Covid, NASCAR, Heritage Festival, Heritage Indian, The States, States Project, Democratic National Committee, Democrats, Republicans, Virginia Democratic Party, Virginia Democratic Locations: Virginia, Fredericksburg, “, Richmond, Chantilly, Sens

☆ The surge in stock prices goes hand-in-hand with dropping yields, says Interactive Brokers' Peterffy
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe surge in stock prices goes hand-in-hand with dropping yields, says Interactive Brokers' PeterffyThomas Peterffy, Interactive Brokers founder & chairman, joins 'Closing Bell Overtime' to talk recent market action, the latest round of earnings, the bond market and more.

Persons: Thomas Peterffy Organizations: Interactive

☆ China to accelerate issuance of government bonds, finance minister says
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

A woman walks in the Central Business District (CBD) on a hazy morning in Beijing, China, October 25, 2021. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, China, Nov 5 (Reuters) - China will accelerate the issuance and use of government bonds, state-run news agency Xinhua reported on Sunday citing an interview with new finance minister Lan Foan. "The Ministry of Finance will continue to implement a proactive fiscal policy, focus on improving efficiency, and better play the effectiveness of fiscal policy," said Lan, who also noted the "complex domestic and international situation". Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, he said. The top parliamentary body last month approved the issuance of 1 trillion yuan ($137 billion) in sovereign bonds in the fourth quarter to fund rebuilding of areas affected by floods, state media reported.

Persons: Thomas Peter, Lan Foan, Lan, Liu Kun, Martin Quin Pollard, Wang Shuyan, William Mallard, Christopher Cushing Organizations: Central Business, REUTERS, Rights, Xinhua, Ministry, Finance, Communist Party, Thomson Locations: Beijing, China, Rights BEIJING, Shanxi

Countries pledged in the 2015 Paris Agreement to hold global warming to within 1.5C above pre-industrial temperatures but the new paper by a team of scientists, including from NASA and Columbia University, adds to evidence suggesting that this goal is already out of reach. Most emissions scenarios under the United Nations Intergovernmental Panel on Climate Change (IPCC) envision the world breaching 1.5C during the 2030s. EARTH SENSITIVITYThe study's findings, published in the journal Oxford Open Climate Change, result from two factors. The IPCC has given a best-guess estimate that the doubling of atmospheric carbon dioxide levels would yield global warming of around 3C (5.4F). Cleaning the skies, while bringing health benefits and saving lives, accelerates climate change.

Persons: Thomas Peter, James Hansen of, Michael Mann, Pennsylvania's Mann, Klaus Hubacek, Katy Daigle, Gareth Jones Organizations: REUTERS, NASA, Columbia University, United Nations, James Hansen of Columbia, Earth Institute, University of Pennsylvania, IPCC, University of Gronigen, Thomson Locations: Gan, Nanchang, Jiangxi province, China, UN, Paris, 1.5C, heatwaves, Libya, Dubai, 4.8C

☆ Aston Martin lowers volume outlook on DB12 model production issues
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsNov 1 (Reuters) - British luxury carmaker Aston Martin (AML.L) posted a wider-than-expected quarterly loss on Wednesday and lowered its 2023 volume outlook due to production issues for its new sports car DB12. Aston Martin started delivery of its next-generation sports car DB12 last quarter, and expects its 2023 volume to come in at 6,700 units, from an earlier forecast of about 7,000 units. "Given the initial delays experienced with the DB12 ramp up during Q3, we have marginally updated our FY volume outlook as the impact limits production capacity for the full year," the company said in a statement. The London-listed company, which retained the rest of its 2023 outlook, reported an adjusted operating loss of 48.4 million pounds ($58.82 million) on revenue of 362.1 million pounds in the three-month period ended Sept. 30. Analysts on average had expected an adjusted operating loss of 38 million pounds on net revenue of 370 million pounds.

Persons: Aston Martin, Thomas Peter, AML.L, Yadarisa, Sherry Jacob, Phillips Organizations: REUTERS, Thomson Locations: Beijing, China, London, Bengaluru

The uneven nature of economic activity in turn makes it a challenge to assess the likely toll on emissions in the world's largest polluter. RIPPLE EFFECTIn addition to retail sales and factory output data, statistics on China's air travel volumes also offer a gauge on broader economic activity and emissions potential. In turn, greater emissions from both the airlines themselves as well as from China's world-leading refining sector can also be expected. China’s exports of an array of goods – from toys to diesel – are risingThe pace of some of those exports may slow over the near term if China's domestic demand improves and helps tighten producer inventories. But if greater output in China helps to depress goods prices, then international consumer demand can be expected to recover, which may further boost China's economic recovery, as well as the emissions that go with it.

Persons: Thomas Peter, Gavin Maguire, Kim Coghill Organizations: REUTERS, National Energy Administration, Reuters, Thomson Locations: Wu'an, Hebei province, China, LITTLETON , Colorado, Beijing

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