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There were rolling blackouts in multiple cities across Mexico on Tuesday, as people in several states reeled from soaring temperatures and the national energy authority briefly declared a state of emergency. A heat wave has scorched Mexico in recent days, bringing temperatures in multiple states into the triple digits. Mexico City on Tuesday reached a high of 92 degrees Fahrenheit, the hottest temperature recorded there on May 7 in over 20 years. Mexico’s energy authority, Cenace, announced a state of emergency for the national grid early Tuesday evening, meaning that available power had dropped below adequate levels. But local news media outlets reported on blackouts in municipalities across the country throughout the evening.

Locations: Mexico, Mexico City

☆ Hims & Hers soars 32% on rapid growth in mental health, weight loss and dermatology treatments
▼ + stars: | 2024-02-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

The New York Stock Exchange with a Hims & Hers Health, Inc banner is pictured as a person runs past in the Manhattan borough of New York City, New York, January 21, 2021. Hims & Hers is an online platform where patients can meet with providers and get personalized support for skincare, mental health, sexual health, weight loss and hair care. For the first quarter, Hims & Hers expects revenue growth of at least 40% from a year earlier to between $267 and $272 million. He said newer specialties like weight loss, mental health and Hers Dermatology are seeing increased adoption, and could each deliver more than $100 million in revenue in 2025. WATCH: Ro CEO on telehealth and the impact of weight loss drugs

Persons: They're, Andrew Dudum, Dudum, Jefferies Organizations: New York Stock Exchange, Revenue, Jefferies, Deutsche Bank Locations: Manhattan, New York City , New York

☆ Gold at $3,000 and oil at $100 by 2025? Citi analysts don't rule it out
▼ + stars: | 2024-02-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

That could double central bank's gold purchases, challenging jewelry consumption as the largest driver of gold demand, Doshi elaborated. China and Russian central banks are leading gold purchases, with India, Turkey, and Brazil, also increasing bullion buying. The world's central banks have sustained two successive years of more than 1,000 tons of net gold purchases, the World Gold Council reported in January. Another wildcard scenario highlighted in Citi's report was for oil prices to hit triple digits again. Stock Chart Icon Stock chart icon Oil prices in the past one year

Persons: Doshi, Stagflation Organizations: Citi, CNBC, Central, U.S ., Gold, U.S . Federal Reserves, Co, Bloomberg, Getty Locations: Citi's North America, China, Russian, India, Turkey, Brazil, U.S, Bangkok, Thailand, Israel, Yemen, Iraq, OPEC

☆ AI researcher Joy Buolamwini cautions that if AI systems fail people of color, they fail humanity
▼ + stars: | 2024-02-08 | by ( Monica Melton | ) www.businessinsider.com time to read: +17 min

We’re growing some teeth as to what can be done with AI, but we also see where there’s progress, there’s attack. One of the things I like to point out with AI systems is that if your AI systems fail on people of color, you don’t have a robust system. If your AI doesn’t work on the global majority, if your AI doesn’t work for women, if your AI doesn’t work for people with disabilities, once you start expanding all of the areas we’re talking about, it comes to your AI doesn’t work for humanity. To me, that’s a proactive approach of saying, how do we build consumer AI technology in a way that’s more ethical? I was talking to Sam Altman about the climate impact of AI, especially these large language models and generative AI systems.

Persons: Joe Biden, Joy Buolamwini, Buolamwini, It’s, ”, we’ve, it’s, I’ve, there’s, We’ve, you’re, aren’t, Simone Biles, Biden, Sam Altman, Olay, we’re, There’s, We’re, that’s Organizations: Service, League, Business, Federal Trade Commission, Procter, Gamble, Big Tech Locations: Davos

☆ A CEO is facing backlash after an influencer said he used his company's Instagram account to attack her
▼ + stars: | 2024-02-05 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

AdvertisementA paper entrepreneur has faced backlash and seen his company's reviews tank after he left critical comments on an influencer's Instagram page using his official business account. "Must be a tough life living life on easy mode," it said. She then assumed it had been hacked, so she emailed the company's CEO, Brandon Howard, to let him know. #fypp ♬ Aesthetic - Tollan KimAccording to Sudan, Howard responded to her email, but not in the way she expected. Sudan told BI since her final video, Howard has tried to remediate the situation through her own workplace by reaching out to her boss.

Persons: influencer, —, she'd, Brandon Howard, Kim, Howard, I've Organizations: Service, Business, Company, BI Locations: Sudan, ParchmentPaper.com, California

☆ The US dollar is central to Argentina's plan to fix its broken economy. There's just one hitch.
▼ + stars: | 2023-11-22 | by ( George Glover | ) www.businessinsider.com time to read: +5 min

Argentina's new president Javier Milei wants to adopt the US dollar to tame sky-high inflation. There's a major problem with his plan to revive the ailing South American economy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRight-wing economist Javier Milei won Argentina's presidential runoff Sunday – and that means the country could soon ditch the peso for the US dollar. Under the president-elect's plan, the government would scrap the peso and replace it with the dollar.

Persons: Javier Milei, doesn't, —, Milei, Mary, Read, John Hopkins, Steve Hanke, Guillermo Ortiz, Nora Mazzini, Lucila Bonilla Organizations: Service, Central Bank of, US Federal Reserve, International Monetary Fund, Bank, Reuters, Bloomberg, Bank of Mexico, Economics, Oxford Economics Locations: Central Bank of Argentina, Ecuador, El, Panama, Argentina, Mar del Plata, Argentine

Data released on Thursday showing a drop in consumer prices to their lowest since the COVID-19 pandemic has increased the doubts in China's economic rebound after some months of indicators showing growth stabilising. China's big online shopping platforms did not release final sales figures for 2022, when analysts said COVID-19 restrictions inhibited spending and consumer confidence. Some indicators point to a slowdown in Singles Day sales. Data provider Syntun estimated e-commerce platforms sold 311 billion yuan of products from Oct. 31 to Nov. 3, a 7.1% decrease year-on-year. For Tan Jiapeng, a 35-year-old office worker in Beijing, his only Singles Day purchase so far has been a Descente winter jacket, an "essential purchase" for the winter.

Persons: Florence Lo, Jason Yu, Kantar, COVID, Bain, Jacob Cooke, Nomura, Tan Jiapeng, Tan, Casey Hall, Sophie Yu, Marius Zaharia Organizations: REUTERS, Rights, HK, PDD Holdings, Company, Technologies, Thomson Locations: Rights BEIJING, China, Beijing

☆ Victor Wembanyama scores career-high 38 points in San Antonio Spurs win over the Phoenix Suns
▼ + stars: | 2023-11-03 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

In the best game of his young NBA career so far, Victor Wembanyama dropped 38 points, to go along with 10 rebounds and two blocks, powering the San Antonio Spurs to a 132-121 victory over the Phoenix Suns. This was the second matchup between the Spurs and the Suns in Arizona this week, with the two sides clashing on Tuesday at the Footprint Center. The Spurs came away with the victory that night too, rallying from 20 points down to win on a last-second shot, although the formula of Thursday’s game was completely different. The Spurs were quick out of the blocks, outscoring the Suns by 19 in the first quarter alone. The Spurs improve to 3-2 while the Suns, who are still without All-Star guard Bradley Beal, drop to 2-3.

Persons: ’, Victor Wembanyama, Kevin Durant, Devin Booker, Keita Bates, Diop, Wembanyama, — Rob Perez, @WorldWideWob, “, ” Wembanyama, Barry Gossage, Durant, ”, Frenchman, who’s, ” Durant, Booker, Bradley Beal Organizations: CNN, NBA, San Antonio Spurs, Phoenix Suns, Spurs, Suns, Footprint Center, The Spurs Locations: Arizona, Wembanyama

PHOENIX (AP) — The San Antonio Spurs were flailing in the fourth quarter Thursday night, struggling to find their footing after the Phoenix Suns erased a 27-point lead and threatened to finish an epic comeback victory. The 19-year-old rookie scored a season-high 38 points, Zach Collins added 19 and the Spurs held off Phoenix 132-121 on Thursday night. On Thursday, it looked as if San Antonio would win in a blowout. San Antonio pushed its advantage to 27 points midway through the second quarter, taking advantage of sloppy Phoenix play on both ends of the floor. The Spurs led 75-55 at the break after Wembanyama hit back-to-back 3s late in the second quarter.

Persons: Victor Wembanyama, It's, Zach Collins, Keita Bates, Someone's, ” Wembanyama, ”, Wembanyama, Frenchman, “, Gregg Popovich, “ He's, ” Phoenix's Devin Booker, Kevin Durant, Keldon Johnson, San Antonio, ” Booker, Bates, Booker, ___ Organizations: PHOENIX, San Antonio Spurs, Phoenix Suns, Spurs, Suns, NBA, ” Spurs, Phoenix, Toronto, Sunday . Suns, Philadelphia Locations: Phoenix, San Antonio, Durant, Antonio

ATLANTA (AP) — A former employee is suing to force a Mississippi utility to repay $382 million that the federal government gave to build a failed coal-fueled power plant. Kelli Williams, a former construction manager for Atlanta-based Southern Co., filed a whistleblower lawsuit against the company and its subsidiary Mississippi Power Co. in 2018. The Kemper County power plant was supposed to be a world leader in turning soft coal into a gas and burning it to generate power, while removing climate-warming carbon dioxide and other pollutants. The cost of the plant ballooned and Mississippi Power could never make it run reliably. For example, she alleged Mississippi Power erected piping without permanent fasteners, knowing the work would have to be redone again later at higher cost, an allegation first aired by The Guardian in 2018.

Persons: —, Kelli Williams, Williams, ”, Schuyler Baehman, It's, Brett Wingo, Cecil Brown, ” Williams, Haley Barbour, Barbour Organizations: ATLANTA, Atlanta, Southern Co, Mississippi Power Co, U.S . Department of Energy, Mississippi Public Service Commission, DOE, Kemper, Mississippi Power, Bills, Mississippi, U.S . Justice Department, U.S . Securities, Exchange Commission, Clarion, . Justice Department, Mississippi Gov, The Guardian Locations: Mississippi, Kemper County, Jackson, That’s

☆ A 27-year-old real-estate investor making up to $15,000 a month in revenue explains how to snag a multi-unit rental property below $200,000
▼ + stars: | 2023-10-28 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

A sweet spotBerman said his bank preapproved him for a $275,000 mortgage, so he had a budget to stay within. He reviewed active property listings on Apartments.com and Zillow to see the rental rates and what was successfully rented in the previous 30 days. That's less than half the amount and a much more manageable payment, Berman noted. On the pricier property, your overall interest payments amount to about $538,000 versus $250,000 on the cheaper property. You end up with a larger mortgage payment, he said.

Persons: Cody Berman, Berman, Price, It's Locations: Massachusetts, Connecticut, Rhode, Windham County , Connecticut

☆ Argentina poll shows ruling party hopeful Massa leading Milei
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

The survey from pollster Analogias put support for Massa, the outgoing government's economy chief, at about 42% versus 34% for Milei, a combative self-described anarco-capitalist. Political polling has been wildly off in Argentina in recent years, including ahead of last Sunday's first-round vote, when Milei led in nearly all polls but ultimately came in second to Massa by about six points. The new poll also shows nearly 18% undecided in the head-to-head match-up, while about another 6% said they will vote for no one. It also estimates Massa is winning about a third of those who supported last Sunday's fourth-place finisher, as well as almost 15% of those who opted for Bullrich. Reporting by Nicolas Misculin; Editing by David Alire Garcia; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Analogias, Milei, Wednesday's, Massa, Proyeccion Consultoras, Nicolas Misculin, David Alire Garcia, David Gregorio Our Organizations: por la Patria, el Cambio, Massa, Bullrich, Consultora, Thomson Locations: BUENOS AIRES, Argentina, South America's

☆ We're changing our Honeywell price target after a mixed quarter and conservative guidance
▼ + stars: | 2023-10-26 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

HON YTD mountain Honeywell YTD Unfortunately, Honeywell hit a 52-week low in Thursday's terrible market. Moreover, guidance for the remainder of the year was mixed: Sales are expected to be better than we thought. Honeywell repurchased 5.3 million shares during the quarter, more than double the amount purchased in the second quarter. Additionally, for both the full year and the current quarter, earnings performance is being suppressed by pension liabilities. Qualitatively, continued volatility is expected but management believes they can deliver further growth, margin expansion, and cash growth "in line or above EPS growth."

Persons: We're, it's, we'll, Vimal, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Honeywell, Revenue, LSEG, Management, Commercial Aviation, Defense, Aero, mangement's, Aerospace Technologies, Industrial Automation, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York

☆ TSMC, Alibaba and more: Goldman reveals AI stocks in its 'conviction list' — giving one 105% upside
▼ + stars: | 2023-10-26 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Here are some of the other stocks in Goldman's conviction list. Aside from TSMC, Goldman's conviction list stocks in this category include Chinese tech giant Hon Hai Precision Industry and Japanese electronics manufacturing company Ibiden . AI-empowered names The bank's conviction list stocks in this category include Chinese machine industry player Envicool , Japanese video game publisher Bandai Namco Entertainment and industrial equipment company Keyence . Goldman has an 83,000 yen price target on Keyence, giving it an upside of 56.7%. Stocks that are both Goldman named Chinese tech giants Alibaba and Baidu as its conviction list stocks that are both in the business of enabling and empowering AI.

Persons: Goldman Sachs, Daiki Takayama, TSMC, Goldman, Hai —, Envicool, Alibaba, — CNBC's Michael Bloom, Sheila Chiang Organizations: Taiwanese Semiconductor Manufacturing Company, New, Companies, Precision Industry, Bandai Namco Entertainment, Bandai Namco, Baidu, Alibaba Locations: Asia, New Taiwan

Argentina's presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. Bonds have also been slipping, while the stock market - seen as a relative safe haven for local investors - has been jittery. A local market operator, who asked not to be named, agreed there would likely not be a big market slide on Monday. "I believe the market will open downwards but there will be a floor at which there would be some demand," he said. Reporting by Jorge Otaola and Walter Bianchi; Editing by Adam Jourdan and Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Mariana Nedelcu, Javier Milei, Salvador Vielli, Vielli, Bonds, Patricia Bullrich, Roberto Geretto, Adcap, Milei, Jorge Otaola, Walter Bianchi, Adam Jourdan Organizations: REUTERS, Peronist Economy, Massa, Thomson Locations: Argentina, BUENOS AIRES, Milei

☆ Argentina's Peronists soar in election to seal run-off with radical Milei
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +4 min

Javier Milei, presidential candidate of the Liberty Advances coalition, speaks at his campaign headquarters after polls closed for general elections in Buenos Aires, Argentina, Oct. 22, 2023. Argentina's ruling Peronist coalition smashed expectations to lead the country's general election on Sunday, setting the stage for a polarized run-off vote next month between Economy Minister Sergio Massa and far-right libertarian radical Javier Milei. "We have never had so much polarization," said 72-year-old pensioner Silvia Monto as she voted in Buenos Aires on Sunday. "He is the only one who understands the situation in the country and understands how to save it," said Buenos Aires student Nicolas Mercado, 22. Silvana Dezilio, 37, a housewife in Buenos Aires province, said it was hard to see a positive outcome whoever won.

Persons: Javier Milei, Argentina's, Sergio Massa, Massa, Patricia Bullrich, Milei, Carlos Gutierrez, Bullrich, Silvia Monto, Nicolas Mercado, Silvana Dezilio Organizations: Liberty Advances, Peronist, International Monetary Fund Locations: Buenos Aires, Argentina, Milei, China, Brazil

☆ Argentina heads to the polls in grip of fierce economic crisis
▼ + stars: | 2023-10-22 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Mariana Nedelcu, Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: REUTERS, American, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, Brazil

☆ Argentina Heads to the Polls in Grip of Fierce Economic Crisis
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Amid this crisis Milei has risen abruptly, pledging shock therapy to fix the economy including dollarizing, shutting the central bank, slashing the size of government drastically and privatizing state entities. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: Reuters, American, Peronist Economy, International Monetary Fund Locations: Misculin BUENOS AIRES, China, Brazil, Buenos Aires

☆ China's Q3 GDP seen slowing as Beijing races to revive growth
▼ + stars: | 2023-10-17 | by ( Kevin Yao | ) www.reuters.com time to read: +3 min

Gross domestic product (GDP) likely grew 4.4% in July-September from a year earlier, according to economists polled by Reuters, slowing from the 6.3% pace in the second quarter. Separate data on September activity is expected to show retail sales growth picking up but factory output slowing. Economic growth is seen hitting 5.0% this year, according to the poll, broadly in line Beijing’s full-year target, before slowing to 4.5% in 2024. For its part, the central bank is constrained by how much it can ease monetary policy due to worries about adding pressure on the yuan, which has tumbled 5.7% this year. The central bank cut the RRR in September to boost liquidity and support the economic recovery, its second reduction this year.

Persons: Thomas Peter, ”, Ting Lu Organizations: Central Business District, REUTERS, Gross, Reuters, Nomura Locations: BEIJING, Beijing, China

That's why I'm spending Prime Day looking out for the gaming deals that are actually worth your money. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. Some of the best Prime Day deals on printers include the Brother MFC-J1010DW, a budget multi-function unit that's less than $80. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional.

Persons: we've, I've, Zelda, I'm, — William Antonelli, that's, — Gabrielle Chase, Lily Alig, — Steven Cohen, Apple, There's, — John Lynch, Amazon Steven Cohen, James, — James Brains, Sam Crozier, — Sally Kaplan, Lash, haircare, — Kevin Webb, Les Shu, — Lauren Savoie, Anker, soundbar, wimpy, — Lisa Sabatini, Amazon Emma Kershaw, Sarah Saril, Rick Stella Organizations: Amazon Amazon, Hispanic Heritage, Amazon Antonio, Boas, Buyers, Sony WH, Amazon Apple, Apple Watches, Amazon, Samsung, Amazon The, Casper, Samsung's, Facebook, Amazon Dyson, Deal, Nvidia, Gaming, MFC, HP, Samsung Watch, Garmin, Apple, Amazon Amazon Prime, Kindle Locations: Western

REUTERS/Maxim Shemetov/Illustration/File Photo Acquire Licensing RightsSummaryCompanies Russian rouble climbs to over 2-week high vs dollarMove comes after Putin reimposes currency controlsRouble had slumped to over 18-month low this weekAnalysts expect rouble to firm more in coming weeksOct 12 (Reuters) - Russia's rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some exporters to buttress the currency. The rouble collapsed to a record low in the weeks after Russia invaded Ukraine last year, before Moscow imposed similar capital controls that saw it recover to a seven-year high. Kogan warned, however, that by 2025-2026 businesses would form plans based on a rouble rate of 100-105. The central bank endorsed the measures, a shift in its stance, after it previously warned of the inefficiency of currency controls. "The rouble is even less tradable for foreign investors after Russia re-imposed some capital controls," Piotr Matys, senior FX analyst at In Touch Capital Markets.

Persons: Maxim Shemetov, Putin, Rouble, rouble, Vladimir Putin, Yevgeny Kogan, Kogan, Gref, Andrei Belousov, Piotr Matys, Dmitry Polevoy, Brent, Alexander Marrow, Amruta, Robert Birsel, Mark Potter, Varun, Alexander Smith Organizations: REUTERS, U.S, Russia's Higher, of Economics, TASS, Wednesday, Bank of Russia, FX, Touch, Thomson Locations: Moscow, Russia, Ukraine, outflows, Locko, Bangalore

An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File photo Acquire Licensing RightsOct 10 (Reuters) - The Russian rouble dived towards a more than an 18-month low on Tuesday before paring most losses in a volatile session, under pressure from domestic demand for foreign currency and a drop in oil prices. By 1034 GMT, the rouble was 0.3% weaker against the dollar at 99.63 . It had lost 0.8% to trade at 105.55 versus the euro and shed 0.4% against the yuan to 13.64 . "The bank may show a record profit of 1.5 trillion roubles for the year."

Persons: Maxim Shemetov, Sber, Yevgeny Kogan, Alexander Marrow, Ed Osmond, Gareth Jones Organizations: REUTERS, Bank of Russia, Russia's Higher, of Economics, Thomson Locations: Moscow, Russia, Russian, Brent

☆ More Burger King locations could soon look like this
▼ + stars: | 2023-10-10 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

Customers entering Burger King locations will “start to see something different in 2024,” said Tom Curtis, president of Burger King US & Canada. Burger King Company LLCThe new concepts feature digital ordering kiosks, plenty of Whopper branding, and streamlined drive-thru and pickup lanes. Burger King Company LLCNow, it seems, Burger King is trying to push ahead. Globally, including in the US, sales at Burger King restaurants open at least a year grew 10.2%. Burger King Company LLC“We are still not in positive territory,” when it comes to traffic, said Josh Kobza, CEO of Burger King parent company Restaurant Brands International, during an analyst call in August.

Persons: New York CNN — Burger, ”, Tom Curtis, Burger, Curtis, “ we’re, ” Curtis, Burger King, “, It’s, Josh Kobza, ” Kobza Organizations: New, New York CNN, Burger King, Burger King US, Canada, Burger, Burger King Company, Grill, Restaurant Brands, “, CNN Locations: New York, Burger, New Jersey, Las Vegas, North Carolina, Grill Burger, Burger King

REUTERS/Maxim Shemetov/Illustration Acquire Licensing RightsOct 9 (Reuters) - The rouble rebounded after slumping to a more than 18-month low against the dollar on Monday in a volatile session, still hampered by reduced foreign currency supply but eventually latching on to higher oil prices to gain ground. By 1500 GMT, the rouble was 0.7% stronger against the dollar at 99.75 , recovering from hitting 102.3450 earlier, its weakest point since March 23, 2022. The Russian currency tumbled to a record low 121.5275 in the weeks after Moscow's February 2022 invasion of Ukraine. The rouble had gained 0.5% to trade at 105.24 versus the euro and firmed 0.6% against the yuan to 13.64 . The rouble-based MOEX Russian index (.IMOEX) was 0.9% higher at 3,172.2 points, earlier reaching a near one-month high.

Persons: Maxim Shemetov, rouble, Alexei Antonov, Alexander Marrow, Angus MacSwan, Mark Potter, Gareth Jones Organizations: REUTERS, Bank of Russia, Reuters, Brent, Thomson Locations: Moscow, Russia, Ukraine

A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. By 1125 GMT, the rouble was 1.8% weaker against the dollar at 102.18 , its weakest point since March 23, 2022. The Russian currency tumbled to a record low 121.5275 in the weeks after Moscow's February 2022 invasion of Ukraine. The rouble had lost 1.9% to trade at 107.76 versus the euro and shed 2.1% against the yuan to 14.01 . The rouble-based MOEX Russian index (.IMOEX) was 1.3% higher at 3,184.6 points, a near one-month high.

Persons: Maxim Shemetov, rouble, Alexei Antonov, Alexander Marrow, Angus MacSwan, Mark Potter Organizations: REUTERS, Bank of Russia, Reuters, Brent, Thomson Locations: Russian, Israel, Gaza, Ukraine

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