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☆ I rode the longest train route in Bangladesh for $10, and the 12 ½-hour journey was surprisingly scenic
▼ + stars: | 2024-05-05 | by ( Mahmudul Islam | ) www.businessinsider.com time to read: +1 min

I traveled 12 ½ hours from Dhaka to the northernmost border district of Panchagarh in Bangladesh. hours from Dhaka to the northernmost border district of Panchagarh in Bangladesh. AdvertisementAsia is home to some of the fastest trains in the world — but train travel is all about the journey for me. In March, I took the longest train route in Bangladesh. The whole trip is nearly 400 miles long — stretching from the bustling capital of Dhaka to the northernmost district of Panchagarh.

Persons: — Organizations: Service Locations: Dhaka, Panchagarh, Bangladesh, Asia

☆ The live-action 'Lion King' prequel 'Mufasa' will star both Beyoncé and Blue Ivy — here's everything we know
▼ + stars: | 2024-04-29 | by ( Kirsten Acuna | Palmer Haasch | ) www.businessinsider.com time to read: +6 min

Disney's live-action "The Lion King" remake is getting a prequel in 2024 called "Mufasa: The Lion King." AdvertisementDisney's prequel to its "The Lion King" remake, "Mufasa: The Lion King," has finally gotten its first trailer — and as luck would have it, this film stars Beyoncé too. Here's everything we know about "Mufasa: The Lion King." Timon and Pumbaa are seen in 2019's "The Lion King." "Mufasa: The Lion King" serves as an origin story for Simba's father.

Persons: Disney's, King, Oscar, Barry Jenkins, Disney, Ivy, —, Beyoncé, Jon Favreau's, Simba, Sean Bailey, Jenkins, Mufasa, Rafiki, hasn't, Scar, Mufasa's, Chiwetel Ejiofor, Aaron Pierre, James Earl Jones, Tiffany Boone, Kelvin Harrison Jr, Taka, Mads Mikkelsen, Kiros, Nala, Simba's, Blue Ivy, Pumbaa, Seth Rogen, Billy Eichner, Donald Glover, John Kani, he's, Walt, Timon Organizations: Service, Disney, Walt Disney Studios, Pride Rock Locations: Pride

☆ Bangladesh’s soaring prices get thousands playing ‘hunger games’ for food
▼ + stars: | 2024-04-17 | by ( Akanksha Sharma | ) edition.cnn.com time to read: +5 min

They’re playing to win every day staples like rice, oil, sugar, lentils and other items that soaring inflation has put beyond their reach. Courtesy Omar Sunny Somrat/SS Food ChallengeThe combination of colorful games and the feel-good factor of nobody going home empty-handed has given Somrat a genuine hit. Courtesy Omar Sunny Somrat/SS Food ChallengeBy 2021, he began organizing contests for village kids competing in games and winning prizes like home appliances. A year later, though, he stumbled onto the winning formula when food prices soared and the Bangladeshi currency, the taka, depreciated in value against the US dollar. Between 2022 and 2023, food prices in Bangladesh jumped by 9%, the highest average rate in 12 years, according to the country’s Bureau of Statistics.

Persons: Mohammad Abdur Rouf, can’t, I’d, Omar Sunny Somrat Abdur —, —, Omar Sunny Somrat, They’re, “ It’s, ” Somrat, Somrat, ”, taka, Munir Uz Zaman, Ruchir Desai, Desai, Asma Khatun Organizations: CNN, SS, SS Food, Bank, YouTube, Facebook, greenback, country’s, Statistics, Getty, Asia Frontier Investments, International Monetary Fund Locations: Chapra, Bangladesh, Ukraine, Banwarinagar, Pabna, Purandarpur, Pabna District, Dhaka, AFP

☆ India banned TikTok overnight but 200 million people learned to live without it
▼ + stars: | 2024-03-14 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

On Wednesday, the US House of Representatives passed a bill that could lead to a nationwide TikTok ban. While the Chinese-owned app is not disappearing from Americans’ phones anytime soon, many of its 170 million users in the country are deeply rattled. “[Former] US Secretary of State Mike Pompeo had welcomed the ban, saying it ‘will boost India’s sovereignty.’”While India’s abrupt decision shocked the country’s 200 million TikTok users, in the four years since, many have found other suitable alternatives. Within a week of the ban, Meta-owned Instagram cashed in by launching its TikTok copycat, Instagram Reels, in India. According to Ray, Indian content creators swiftly moved all the old content they had shot for TikTok to Instagram Reels and YouTube Shorts.

Persons: TikTok, ”, Nikhil Pahwa, Mike Pompeo, TikTokkers, Saptarshi Ray, Instagram, Moj, Ray, Clyde Fernandes, Vivan Sharan, ” Sharan, “ Organizations: New, New Delhi CNN, India, Google, YouTube, Oxford, Advisory Locations: New Delhi, United States, India, China, Delhi, American, Bengaluru, Opraahfx, Beijing

Rohingya traditionally take to sea in October, at the end of the rainy season, on journeys fraught with danger. Of 3,572 Rohingya who have left on 34 boats this year, 31% of them were children, data showed. In 2022, one of the deadliest years for the Rohingya at sea, a fifth of the about 3,705 people who fled were children. "Children making the boat journeys was not a trend before," said Mohammed Mizanur Rahman, Bangladesh's refugee relief and repatriation commissioner based in Cox's Bazar. With little hope of settling in Bangladesh or being accepted elsewhere, they feel they have no choice but to take to sea, Rahman said.

Persons: Riska, Chris Lewa, Mohammed Mizanur Rahman, Rahman, taka, Mohammed Taher, Ruma Paul, Sudipto Ganguly, Krishna N, Das, Robert Birsel Organizations: REUTERS, Rights DHAKA, Malaysia, Thomson Locations: Sabang, Aceh province, Indonesia, Bangladesh, Myanmar, Bangladeshi, Cox's Bazar, Arakan, Southeast Asia, Indonesia's Aceh, South Asia, Dhaka, Mumbai

REUTERS/Mohammad Ponir Hossain/File photo Acquire Licensing RightsNEW DELHI, Nov 9 (Reuters) - Global fashion retailers including H&M (HMb.ST) and Gap (GPS.N) are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Asked if they would raise purchase prices by the 5-6% that costs will rise, Stephen Lamar, chief executive of the American Apparel & Footwear Association (AAFA), told Reuters: "Absolutely". "We also renew our pleas for the adoption of an annual minimum wage review mechanism so that Bangladeshi workers are not disadvantaged by changing macroeconomic conditions." Low wages have helped Bangladesh build its garment industry, which employs about 4 million people. Retailers in the United States and Europe are the main buyers of Bangladesh-made clothes.

Persons: Mohammad Ponir Hossain, Stephen Lamar, Lamar, Sheikh Hasina, Hasina, Krishna N, Ruma Paul, Miral Organizations: The Civil Engineering, REUTERS, Labour, American Apparel & Footwear Association, Reuters, International Labour Organization, Abercrombie & Fitch, Bangladesh, Retailers, Thomson Locations: Dhaka, Bangladesh, DELHI, U.S, China, Vietnam, Cambodia, United States, Europe

[1/5] Garment workers come out of a factory during lunch hours at the Ashulia area, outskirts of Dhaka, Bangladesh, November 8, 2023. A panel of factory owners, union leaders and officials agreed to the increase unanimously, said Siddiqur Rahman, the owners' representative. "We continue to recommend that the government of Bangladesh adopt an annual minimum wage review mechanism to keep up with changing macroeconomic factors," the letter said. In addition to the wage increase, the government has said that workers would be given a 5% annual increment. Babul Akter, president of the Bangladesh Garment and Industrial Workers Federation, urged global brands to pay more, saying: "There could be some problems for the owners to cope with the increased salaries."

Persons: Mohammad Ponir Hossain, Siddiqur Rahman, Rahman, Inditex, Hugo Boss, Fazlul Hoque, Hoque, Levi Strauss, Armour, Sheikh Hasina, Akter, Abdus Salam Murshedy, Murshedy, Krishna N, Ruma Paul, Miral Organizations: REUTERS, Rights DHAKA, Reuters, Inc, Knitwear Manufacturers, Association, Labour, Abercrombie & Fitch, Adidas, Puma, Bangladesh Garment and Industrial Workers Federation, Envoy Group, Walmart, Hasina's Awami League, Das, Thomson Locations: Dhaka, Bangladesh, DELHI, China, Zara, Ukraine, New Delhi

☆ One killed as garment workers clash with police in Bangladesh over pay rise - police
▼ + stars: | 2023-11-08 | by ( Ruma Paul | ) www.reuters.com time to read: +1 min

[1/3] Security forces remain vigilant in front of the garment factories, following clashes between garment industry workers and police over pay, at the Ashulia area, outskirts of Dhaka, Bangladesh, November 8, 2023. REUTERS/Mohammad Ponir Hossain Acquire Licensing RightsDHAKA, Nov 8 (Reuters) - One female worker was killed and several others were injured in Bangladesh on Wednesday during clashes between police and stone-throwing garment workers who are demanding a bigger pay rise, police said. Following a week of deadly clashes between garment industry workers and police over pay, the Bangladesh government on Tuesday said that the minimum wage would rise by 56.25% to 12,500 taka ($114) a month from Dec. 1, the first increase in five years. Police said they used teargas and rubber bullets to break up protests by hundreds of workers who rejected the new pay rise and took to streets in the garment hub of Gazipur, on the outskirts of the capital Dhaka. Low wages have helped Bangladesh build its garment industry, with some 4,000 factories employing 4 million workers, supplying brands such as H&M and GAP.

Persons: Mohammad Ponir Hossain, Ashraf Uddin, Ruma Paul, Sudipto Ganguly Organizations: Security, REUTERS, Rights DHAKA, Police, GAP, Thomson Locations: Dhaka, Bangladesh, Gazipur

☆ A Treehouse Builder Who Celebrates Impermanence
▼ + stars: | 2023-10-20 | by ( Tom Vanderbilt | Josh Robenstone | ) www.nytimes.com time to read: +1 min

The sensation is a bit unnerving and invokes one of the laws of treehouse building: Heights you wouldn’t think twice about in a concrete structure suddenly become imposing when you’re on a branch. Taka, as everyone calls him — or sometimes Koba-san — is Japan’s best-known treehouse builder. He’s built treehouses for affluent Chinese clients and treehouses for preschools — draws for parents anxious about their children’s detachment from nature. The most modest of his structures, he says, is four square feet; the largest, about 270 square feet. He’s sometimes referred to as a “treehouse architect,” but he doesn’t care for the phrase — “architect” connotes not only degrees and building codes but other constraints, too, like permanence.

Persons: Takashi Kobayashi, He’s, preschools —, ” Organizations: CAN, Treehouse Creations Locations: Tokyo, Angkor Wat, Cambodia, Covid

☆ Meta's unique approach to developing AI puzzles Wall Street, but techies love it
▼ + stars: | 2023-10-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +18 min

If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."

Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea

☆ Kolo Muani and Ramos score maiden PSG goals in win over Marseille
▼ + stars: | 2023-09-24 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

PARIS, Sept 24 (Reuters) - Randal Kolo Muani and Goncalo Ramos scored their first goals for Paris St Germain as the French champions crushed bitter rivals Olympique de Marseille 4-0 in Ligue 1 on Sunday. Kolo Muani and Ramos, with a brace, added to Achraf Hakimi's early opener to lift PSG up to third in the standings with 11 points from six games, two behind surprise leaders Stade Brestois. Marseille, who have had a rough week off the field amid a feud with their fans, are seventh on nine points. The night ended with PSG fans in the Boulogne kop celebrating with homophobic chants, and a big part of the crowd clapping along. The chants briefly stopped when Ramos scored the fourth goal after being set up by Kolo Muani at the end of a sharp counter-attack.

Persons: Randal Kolo Muani, Goncalo Ramos, Paris St Germain, Kolo Muani, Ramos, Achraf, Kylian Mbappe, We're, Luis Enrique, Marcelino, Pablo Longoria, Frank McCourt, Jacques Abardonado, Enrique, Hakimi, Mbappe, Marcelo Ramos, Bradley Barcola, Pau Lopez's, Muani, Azzedine, Ilian, Ousmane Dembele's, Morgan Guilavogui, Julien Pretot, Clare Fallon Organizations: Paris St, Olympique de Marseille, Ligue, PSG, Stade Brestois, Parc des Princes, Marseille, OM, Vitinha, RC Lens, Toulouse, Sevilla, Champions League, Thomson Locations: Parc des, Provence, France, Marseille, Boulogne

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —Four months before the 2011 Women’s World Cup final, Japan was devastated by the largest earthquake ever recorded in the country’s history. Japan players celebrate at the end of the team's dominant group stage victory over Spain at the Women's World Cup. We have a lot of responsibilities, and I want to focus on the results.”Japan celebrates after defeating the US in the 2011 Women's World Cup final. Kevin C. Cox/FIFA/Getty ImagesFollowing the 2011 World Cup triumph, Japanese women’s soccer had mixed success in building on that achievement. “In 2011, the whole nation was so excited about winning the World Cup, so there is a sense of, ‘Why aren’t we popular?’” Takata said ahead of the 2023 Women’s World Cup.

Persons: Aya Miyama, “, John Cowpland, England’s Lauren James, Michelle Alozie, Moeka Minami, ’, David Rowland, Yui Hasegawa, ”, Kevin C, Cox, Japan’s, Haruna Takata, ” Takata, –, Jose Breton, Hinata Miyazawa –, Mina Tanaka, Jun Endō, Risa Shimizu, Japan’s relentlessness, Hege Riise, ” “ I’ve, ” Riise, taka …, Futoshi Ikeda –, ” Hasegawa Organizations: CNN, FIFA, Japan, American, READ, Japan Football Association, ” WE, Nadeshiko Japan, Zambia, Costa Rica –, Norway, Sweden Locations: Japan, Fukishima, Germany, Spain, Norway, Zambia, ” Japan, Colombia, Costa Rica

☆ Is Japan the Best Team Left in the World Cup?
▼ + stars: | 2023-08-10 | by ( Jeré Longman | More About Jeré Longman | ) www.nytimes.com time to read: +1 min

Having wilted after winning the 2011 World Cup in a penalty kick shootout against the United States, Japan has bloomed anew with versatility to play the possession style of short passes known as tiki-taka or to launch searing counterattacks. After a blistering 4-0 loss to Japan during group play, Spain Coach Jorge Vilda said that his team’s defeat had been psychic as well as numerical. “They’re so disciplined and very structured in the way they play offense and defense,” Hansen said. Sweden has scored four of its nine goals on corner kicks, a total that nearly grew last Sunday as it packed the six-yard box against the United States like a crowded elevator. But the Swedes could not manage a goal in 90 minutes of regulation and 30 minutes of overtime before subduing the Americans, finally and microscopically, on penalty kicks.

Persons: Jorge Vilda, ” Vilda, Caroline Graham Hansen, “, ” Hansen, Zecira Musovic, Jonna Andersson, Trinity Rodman, Lynn Williams Organizations: Japan, Norway, Champions League, Barcelona Locations: United States, Japan, Spain, Norwegian, Sweden

Chief prosecutor Karim Khan visited Cox’s Bazar, Bangladesh, for four days this week to hear testimony from survivors of alleged genocide by Myanmar’s military against its Rohingya population. “There is heartbreak in these camps,” Khan said in an exclusive interview with CNN. Meanwhile, the Rohingya have been waiting six years and no such action has been taken against the Myanmar military leaders who ordered the attacks. “The big difference is that we have access to Ukraine, we don’t have access to Myanmar,” Khan said. Chief prosecutor Khan believed that Myanmar’s military leaders, including junta leader Min Aung Hlaing could be held to account.

Persons: Court’s, Karim Khan, ” Khan, ”, Vladimir Putin, Kutupalong, Ziabul Hossain, ICC’s Khan, Volker Türk, Khan, “, can’t, taka, Mohamed Rofique, Mohammad, Rofique, Min Aung, Slobodan Milošević, Charles Taylor, Jean Kambanda Organizations: CNN, ICC, Myanmar, Criminal, Getty, UN, Human, International Court of Justice, ICJ, Liberian, Rwandan Locations: Cox’s Bazar, Bangladesh, Ukraine, Rakhine, Russia, Myanmar, Kutupalong Rohingya, Cox's Bazar, Tanbir Miraj, AFP, Gambia, Maungdaw, Rohingya, Bazar

☆ Why a Huge Coal Power Plant in Bangladesh Keeps Running Out of Coal
▼ + stars: | 2023-06-18 | by ( Somini Sengupta | Julfikar Ali Manik | ) www.nytimes.com time to read: 1 min

One of the world’s newest, most contested coal-burning power plants began operation in December. The troubles facing the Maitree power plant are a glimpse into the risks that other new coal plants around the world could face in coming years, for a variety of reasons. Maitree shut down temporarily because of a shortage of foreign currency to import coal from Indonesia. That happened because the value of the Bangladeshi taka shrank, while commodity prices, including coal, rose sharply. Other coal plants elsewhere are at risk of sitting idle in coming years because coal could soon lose its appeal as the cheapest source of electricity.

Persons: Maitree, taka Locations: Indonesia

SINGAPORE, June 7 (Reuters) - Bangladesh is facing its worst electricity crisis since 2013, a Reuters analysis of government data shows, due to erratic weather and difficulty paying for fuel imports amid declining forex reserves and value of its currency. Bangladesh, the world's second-largest garments exporter behind China supplying global retailers including Walmart, H&M and Zara, has been forced to cut power for 114 days in the first five months of 2023, a Reuters analysis of power grid data showed. Supply was short of demand by as much as 25% early on Monday, the data showed. Over 40% of the 7.5 GW of power plants running on diesel and fuel oil could not operate because they lacked fuel, according to the operator. Power imports by the energy hungry nation, which has very little renewable capacity, held steady at less than 10% of total supply, the data showed.

Persons: Bangladesh Taka, Ruma Paul, Matthew Chye Organizations: Walmart, Reuters Graphics Reuters, Power, Power Grid Co, Reuters Graphics, Oil, Reuters, Bangladesh, U.S ., Thomson Locations: SINGAPORE, Bangladesh, China, Zara

☆ Bangladesh struggles to pay for fuel imports as dollar crisis worsens -letters
▼ + stars: | 2023-05-22 | by ( Ruma Paul | ) www.reuters.com time to read: +3 min

DHAKA, May 22 (Reuters) - Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters reviewed by Reuters show, with the state petroleum company owing more than $300 million as it faces an "alarming decrease in fuel reserves". Heavily reliant on energy imports, Bangladesh is grappling with power cuts resulting from a fuel shortage that have badly hurt its exports-oriented garments industry. BPC imports 500,000 tonnes of refined oil and 100,000 tonnes of crude oil every month. The April letter said several fuel suppliers had either sent fewer cargoes than scheduled or threatened to halt supplies. Others in South Asia, such as Sri Lanka and Pakistan, have also sought or received IMF funds this year.

"High spot LNG prices and dwindling domestic production will mean that Pakistan will continue facing issues with ramping up gas-fired power generation," said Poorna Rajendran, LNG consultant at FGE. Despite LNG prices having fallen from last year's record highs, the superchilled fuel is still expensive for South Asian buyers as their currencies have weakened sharply, making it hard for them to boost LNG imports this year. Ship tracking data from Kpler shows Pakistan's LNG imports in 2022 fell 17% from the previous year to a five-year low. Bangladesh's LNG imports in 2022 fell 14% from the previous year, according to Kpler, which drove down power output while demand was rising. LNG prices are unlikely to ease enough to help Bangladesh and Pakistan, with analysts expecting a rebound in Chinese purchases to push prices up in 2023.

REUTERS/Ruma PaulCOX'S BAZAR, Bangladesh, Jan 24 (Reuters) - Mohammed Ismail says four of his relatives were killed by gunmen at the Rohingya refugee camps in Bangladesh between April and October last year. The group has fought against Myanmar's security forces and some Rohingya say it has been recruiting fighters, often through coercion, in the Bangladesh camps. Ismail, who lives with his parents, wife and brother, says he fears for his life and understands why some Rohingya are fleeing Bangladesh. A FRAUGHT CHOICEReuters spoke with several refugees who returned to the Bangladesh camps after abandoning journeys to Malaysia, via Myanmar, out of trepidation. "People are risking their lives on sea journeys as there is no future here and criminal activities are rising," Aziz said.

☆ Can You Tell a Country by Its Corner Kicks?
▼ + stars: | 2022-12-05 | by ( Rory Smith | Allison Mccann | ) www.nytimes.com time to read: +11 min

Argentina vs. Mexico 2022 World Cup Nov. 26, 2022 The play started here as a corner. Argentina vs. Mexico 2022 World Cup Nov. 26, 2022 The play started here as a corner. Argentina vs. Mexico 2022 World Cup Nov. 26, 2022 The play started here as a corner. Argentina vs. Mexico 2022 World Cup Nov. 26, 2022 The play started here as a corner. Reid can, sometimes, tell where a team is from just from the way it attacks or defends its corner kicks.

☆ Morocco's 'avocado head' plots another World Cup shock
▼ + stars: | 2022-12-04 | by ( Shady Amir | ) www.reuters.com time to read: +2 min

Spain, who humbled Costa Rica 7-0 in their opening game, finished second in Group E behind Japan while Morocco defied the odds to win Group F ahead of Croatia and Belgium. The Spanish, world champions in 2010, lost their last group match to Japan and face a difficult test from a Moroccan side growing in confidence under coach Walid Regragui. Spain drew 1-1 with Germany following their rout of Costa Rica and after the loss to Japan coach Luis Enrique was critical of his team. This was impossible because in five minutes, Japan scored two goals ... we were out, we were dismantled," he said. In the first half against Costa Rica, Spain's 537 successful passes set a World Cup record but they will need to show more cutting edge to stay on course for a second world title.

☆ Nicki Minaj, Maluma, Myriam Fares release World Cup anthem
▼ + stars: | 2022-11-18 | by ( Associated Press | ) www.nbcnews.com time to read: 1 min

DOHA — Hip hop star Nicki Minaj has teamed up with Colombian singer-songwriter Maluma and Lebanese singer Myriam Fares for the latest addition to the official soundtrack of the World Cup in Qatar. The single “Tukoh Taka,” with lyrics in English, Spanish and Arabic, was released on Friday, two days ahead of the start of the tournament. It’s the latest in a series of songs by artists from around the world released as part of FIFA’s official soundtrack of the 2022 World Cup. Maluma and Myriam Fares will perform at the opening of the FIFA fan festival in Doha on Saturday. The new song release comes as FIFA faces backlash for Qatar’s human rights record, its oppression of the LGBTQ+ community and its poor treatment of migrant workers, who built the tournament venues.

☆ King dollar commands surge in remittances
▼ + stars: | 2022-11-10 | by ( Harish Sridharan | ) www.reuters.com time to read: +3 min

The U.S. dollar index , which measures its performance against a basket of major currencies, is up 14.5% this year. The dollar's long rallyTransfer volumes at Remitly (RELY.O) leapt 44% to $7.5 billion in the September quarter. Larger rival Wise (WISEa.L) said volumes were up 49% to 24.4 billion pounds ($28.2 billion) in the July quarter. MoneyGram International (MGI.O) and PayPal Holdings (PYPL.O) have also posted an uptick in turnover and transactions in their third quarter. "Some of us get to match or not get too affected by inflation because we earn in U.S.

☆ Starbucks says it doesn't add potassium to its Dark French Roast coffee after another coffee company accused it of mislabeling the product
▼ + stars: | 2022-11-05 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A coffee company filed a complaint claiming Starbucks adds potassium to its Dark French Roast coffee. "We do not add potassium to Starbucks Dark French Roast coffee. Further, we are confident that the labeling for our Dark French Roast coffee is fully compliant with all U.S. Food and Drug Administration labeling requirements." In March 2022, Sachs said a test showed an "abnormally" high level of pH in the Starbucks coffee. While coffee usually has a pH balance around 5, the Starbucks coffee was allegedly showing a pH of 5.7 to 5.8, or about 70% less acid than regular coffee, Sachs said.

☆ Gerard Piqué: Barcelona defender announces retirement at age 35
▼ + stars: | 2022-11-04 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Barcelona defender Gerard Piqué has announced his retirement from football, saying Saturday’s game against Almería will be his last. The defender played 615 games – including 396 in the Spanish league and 126 in the Champions League – with Barcelona, winning eight La Liga title and the Champions League three times. This season, Piqué has fallen down the pecking order as Barcelona attempt to transition to a new era, meaning he’s found his playing time limited. Outside of football, Piqué became the owner of Andorran club, FC Andorra, in 2018. Last season, the club – which plays in the Spanish league system – was promoted to the second tier of Spanish football for the first time in its history.

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