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London CNN —A photograph of a beaming Princess Charlotte has been released by the Prince and Princess of Wales to mark her ninth birthday. The children, from left, are Prince George, Prince Louis, Princess Charlotte, Savannah Phillips, Isla Phillips, Lena Tindall and Mia Tindall. The Duchess of Cambridge/Getty Images The Prince and Princess of Wales have released a photo of Princess Charlotte to mark her ninth birthday on Thursday, May 2. Carl Court/AFP/Getty Images Princess Charlotte, William and Catherine's middle child, is seen in this handout photo released on May 1, 2021, a day before her sixth birthday. The Duchess of Cambridge via Getty Images Princess Charlotte playfully sticks out her tongue while attending a King's Cup regatta with her mother in 2019.
Persons: Charlotte, Prince, Princess, , Catherine , Princess of Wales, Prince Louis ’, Prince William, Kate, Kensington, It’s, Princess Charlotte, Charlotte’s, Queen Elizabeth II, Prince Philip, Prince George, Prince Louis , Princess, Savannah, Isla Phillips, Lena Tindall, Mia Tindall, Duchess, Wales, Wales Prince George, William, George, Samir Hussein, Barack Obama, Pete Souza, Carl Court, Prince George . The Duchess, Cambridge, Chris Jackson, Ben Stansall, Prince Louis, Louis, AP Prince Louis, Kate's, Catherine, Prince Harry, Meghan, Duchess of, Prince Archie, Archie, Toby Melville, Prince Archie of Sussex, Dominic Lipinski, Eugenie, Jack Brooksbank, Princess Beatrice, Sienna, Prince Andrew . Princess Eugenie, Prince Edward, James, Earl of Wessex, Sophie, Lady Louise Mountbatten, Louise, Steve Parsons, Cousins Mia Tindall, Savannah Phillips, Princess Eugenie, Princess Anne, Mia, Mike, Zara Tindall, Peter, Autumn Phillips, Max Mumby, Savannah's, Zara Tindall's, Lena, Zara, Lucas, , Queen Elizabeth II’s, King Charles ’, wasn’t, That’s, Charlotte Elizabeth Diana Organizations: London CNN, CNN, Westminster Abbey, St, of England High, Getty, Kensington Palace, William, AP, Press Association, CNN’s Royal, Mary’s Locations: Wales, Windsor, Kensington, Sandringham, Norfolk, London, UK’s, Midlands, St Michael’s, Prince Louis , Princess Charlotte, Savannah Phillips, Cambridge, AFP, Duchess of Sussex, South Africa, Edinburgh, Mia, Savannah, Wellington, Charlotte, British, St
The Death MarchThat surrender site in Balanga doesn’t mark the beginning of the Bataan Death March. “It looked like they were really trying to kill us all.”White markers along a highway on the Bataan Peninsula show the route from the 1942 Bataan Death March. A boxcar used during the infamous 1942 Bataan Death March, displayed at the Capas National Shrine in Tarlac Province, north of Manila. All but Meyer also survived the Bataan Death March. A relief depicts the 1942 Bataan Death March on the Death March Memorial in Capas, Philippines.
Persons: Philippines CNN —, Edward P, King, Franklin Roosevelt, Douglas MacArthur, Edward King, , , , Matoo Nakayama, Masaharu Homma, Camp O'Donnell, AP Survivor James Bollich, ” Bollich, Brad Lendon, Tillman R, Rutledge, O’Donnell, defecated …, , Manuel Abrazado, Emilio Aquino, Romeo Gacad, MacArthur’s, Robert Overbeck, Calvin Graef, Avery Wilber, Donald Meyer, Anton Cichy, Meyer, Overbeck, They’d, Charles, ” Overbeck, Arisan Organizations: Philippines CNN, Museum, Balanga Elementary, Bataan, Bettmann, US Army, US Navy, Gen, Army, AP Survivor, Air Force News Service, CNN, US Clark Air Base, Kyodo, Heritage Command, US Defense, Agency, Disabled, Getty, Mount, 14th Air Force, former Flying Tigers Locations: Philippines, Philippine, Bataan, American, Corregidor, Bataan As, Harbor, Hawaii, Luzon, Manila, Gen, Marileves, Mariveles, Capas, San Fernando, Tarlac Province, , O’Donnell, ., Balanga, Tarlac province, AFP, Japan, China, Bashi, Taiwan, South China, Kunming, Asia, Washington, North Africa, Geneva, Arisan Maru
How to Exercise When You Just Do Not Want To
  + stars: | 2024-01-24 | by ( Danielle Friedman | ) www.nytimes.com   time to read: +10 min
You set a goal to exercise regularly, but when the moment comes to get moving, your mind unleashes a torrent of excuses: I’m tired. I asked experts in exercise science and psychology to share their best advice for conquering common reasons people struggle to build an exercise habit. If you face a jam-packed daily schedule, try starting small, said Kate Baird, an exercise physiologist at the Hospital for Special Surgery in New York. When even the word “exercise” makes you feel tired, experts recommend meeting your body where it is — in a few different ways. Exercise carries some risks, but remind yourself that the benefits of physical activity outweigh them, Dr. Phillips said.
Persons: Katy, , Kate Baird, you’re, Baird, Kelly Roberts, Roberts, Grayson Wickham, , Wickham, , Edward Phillips, I’ve, , “ You’re, that’s, Phillips, Dr, “ It’s, Ms, Kelly McGonigal, McGonigal, haven’t, Tamanna Singh Organizations: University of Pennsylvania, Hospital for Special Surgery, Harvard Medical School, Stanford University, Sports Cardiology Center, Cleveland Clinic Locations: New York, New York City, Dr
The Crown, the Cabinet and the UK’s legacy of slavery
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +11 min
British banks backed large parts of the U.S. slavery economy, and British factories were the world’s largest customers for the cotton produced by plantations in southern U.S. states. In 1663, it was granted a monopoly by King Charles II for the British slavery trade. In 1794, Eli Whitney patented the cotton gin, a machine that would transform the U.S. slavery economy. Mill owners including the Arkwrights, one of the richest families in the industry, were Smith family clients. Two British travel writers visited Farm Pen in 1837, when the land was still in Smith family hands.
Persons: , Nick Draper, George Smith, King Charles, Hunt, Trevor Burnard, , ” Burnard, Smith, Edward, René Payne, Payne, John Tunno, John de Ponthieu, … ” Edward Payne, slaveholder John de Ponthieu, de Ponthieu, buryed, King Charles II, John Montagu, Edward Montagu, Montagu, ” John Montagu 11th Earl of Sandwich, Edward Montagu , 1st Earl of Sandwich, Nicholas Radburn, ” Radburn, Brookes, , Eli Whitney, Rothschild, Geoffrey Clifton, Brown, William, James Brown, James, Clifton, Harriman, Draper, Morgan Chase, Joseph Sturge, Thomas Harvey Organizations: America, University College London, , Wilberforce Institute, University of Hull, , Reuters, Company of Royal Adventurers of, Royal African Company, The Company, Royal Adventurers of, Lancaster University, Traders, Transatlantic, Brown Brothers, Brown, Harriman & Co, Planters Bank of Tennessee, Planters Bank of Mississippi, Rio, Spanish Town Locations: Britain, U.S, British, Caribbean, British Caribbean, America, English, Nottingham, London, West India, Bristol, Liverpool, United States, South Carolina, Charleston, Barbados, Africa, North, Clifton, New York, Louisiana and Mississippi, Louisiana, Jamaica, Kingston, Spanish
Here are the meanings of the 10 hardest words that have also been used in New York Times articles. Working with future Confederate Gen. Edward Porter Alexander, Myer developed the Army’s “wigwag” flag system. (June 24, 2019)10. atilt — askew:Think compression tops patterned à la one-shouldered tanks and sweatpants chopped up and wrapped into lappa-like long shorts. And the star of the Liberian flag strategically placed throughout, though slightly atilt, as though being blown sideways in a sprinter’s wake. — Clean Energy, Cherished Waters and a Sacred California Rock Caught in the Middle (Oct. 24, 2023)The list of the week’s easiest words:
Persons: callaloo, bok choy, Rose Nzada, Ned Rorem, wigwag —, Edward Porter Alexander, Myer, libidinal, efflorescence, John Turturro, venule, , tailcoat, They’re, cloaca, atilt — askew, — Telfar Clemens, Waters Organizations: New York Times, Community, Confederate, Liberian, Clean Energy Locations: New, West, Cameroon, Bronx, Central, Northern, Southern California, Gaviota, California
The World Is Becoming More African
  + stars: | 2023-10-28 | by ( Declan Walsh | Hannah Reyes Morales | ) www.nytimes.com   time to read: +37 min
Old World Young Africa As the world grays, Africa blooms with youth. The World Is Becoming More African Part one of a series on how the youth boom is changing the continent, and beyond. But while a handful of African countries are poised to ride the demographic wave, others risk being swamped by it. In the West, racists and right-wing nationalists stoke fears of African population growth to justify hatred, or even violence. The age gap between geriatric leaders and restless youth is “a major source of tension” in many African countries, said Simon Mulongo, a former African Union diplomat from Uganda.
Persons: Lauren Leatherby, , Jean, Patrick Niambé, Hilton, Edward Paice, , Keziah Keya, Keya, Paul R, Ehrlich, stoke, Lauren Leatherby “, Carlos Lopes, Burna, Weeks, “ It’s, Laolu Senbanjo, Tems, Toulaye Sy, Pritzker, Abdulrazak Gurnah, “ Africa’s, ” Long, exotica, Mulendema, Hannah O’Leary, “ We’re, Sipho Dlamini, Dlamini, Moawad, Optimists, Mo Ibrahim, Aubrey Hruby, birthrates, India’s, China’s, Akinwumi Adesina, States —, William Ruto, Paul Biya of, Biya, Wole Soyinka, Paul Kagame of, Nourdine, Nigeriens, Awade, Ali Bongo Ondimba, Simon Mulongo, Nuha Abdelgadir, Abdelgadir, gesturing, “ We’ve, ” Weeks, Abdelgadir’s, Modu Ali, Young, Saidu, Habiba Mohammed, Ms, Ha, Joon Chang, Nobody, Chang, Ibrahim, Touré Organizations: Young, United Nations, Southern, Northern, Western Asia Northern, United, Ivory Coast, African Union, Group, European Union ., Suisse, Africa Research Institute, Nigeria Mozambique Kenya “, Russia Canada Germany United, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia Dem, Russia Germany, China Egypt India Nigeria D.R.C, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Dem, Bank, Nations, International, Bryn Mawr College, Angola, Angola Ivory Coast, Angola Ivory Coast Cameroon Dem, Africa Middle Africa Southern, Economic Commission, New, Citi, Spotify, Cannes Film, Burkina Faso, UNESCO, Disney, Amazon Prime, Netflix, , Apple, Cape Town, Microsoft, Google, Infrastructure, McKinsey & Company, Pew Research Center, African Development Bank, Greek Coast Guard, Saudi, Africa Climate, Young Voters, Freedom House, University of Denver, United Arab, Japan Cuba Vatican City, Netherlands South Korea Belgium U.A.E, Islamic, Global, Center for Girls Education, School of Oriental, Studies Locations: grays, Africa, India, China, United States, Southern Asia, Asia, America, Caribbean, Northern America, Western Asia, Western Asia Northern America, Europe, London, New York, West Africa, Ivory, Abidjan, Russia, Turkey, Gulf, Nairobi, Nigeria Mozambique Kenya, Italy, Japan, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia, Congo Indonesia Brazil Australia South Africa Argentina, Russia Germany U.S, China Egypt India Nigeria, Brazil South Africa Australia, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria, Nigeria, Africa’s, Young, South Africa, Somalia, Mozambique, Mali, Gabon, Niger, Mozambique Nigeria Kenya, Kenya, Pennsylvania, Angola Ivory, Angola Ivory Coast Cameroon, Congo Algeria Egypt, Ghana Kenya Madagascar Mozambique Niger Nigeria, Tanzania Uganda South Africa, Northern Africa Eastern Africa, Africa Middle Africa, Africa Middle Africa Southern Africa, Guinea, Bissau, African, Qatar, Nigerian, Brooklyn, Target, French, Senegalese, Paris, Milan, Venice, Burkina, Tanzania, Saharan Africa, Nigeria Kenya Senegal In Lagos, Dakar, Zambia, South Korea, Sotheby’s, Lagos, Zimbabwe, Watford, Cape, Mombasa, Zanzibar, Cairo, Morocco, East Africa, Nigeria Mozambique Morocco, Sudanese, North Africa, East Asia, Thailand, Rwanda, Ivory Coast, States, Namibia, Kenyan, Paul Biya of Cameroon, Paul Kagame of Rwanda, United Arab Emirates, United States France Turkey, Germany, Russia India, Brazil, Japan Cuba, Japan Cuba Vatican City Spain Italy Saudi Arabia Qatar, Netherlands South Korea Belgium, Iran Canada, Niger’s, Niamey, Senegal Kenya Kenya, X’s, Tunisia, Egypt, Libya, Senegal, Uganda, Khartoum, Sudan, Ethiopia, Al Qaeda, Islamic State, Chad, Burkina Faso, Nigeria Nigeria Morocco, hijabs, Zaria, American, Korea, South, England
The White House invited more than 300 guests to the state dinner hosted by President Biden for Prime Minister Anthony Albanese of Australia on Wednesday night, including business leaders, musicians, athletes and prominent Australian Americans. Here is the full list of those invited as provided by the White House. THE PRESIDENT AND DR. BIDENTHE HONORABLE ANTHONY ALBANESE, PRIME MINISTER OF AUSTRALIA, AND MS. JODIE HAYDONJoyce Aboussie and Greg KellerRepresentative Pete Aguilar, Democrat of California, and Alisha AguilarElizabeth Allen, under secretary of state for public diplomacy and public affairs, and Edward Price, senior adviser to the secretary of state
Persons: Biden, Anthony Albanese of, BIDEN, ANTHONY ALBANESE, JODIE HAYDON Joyce Aboussie, Greg Keller, Pete Aguilar, Alisha Aguilar Elizabeth Allen, Edward Price Organizations: White House, Anthony Albanese of Australia, White, DR, OF AUSTRALIA Locations: California
One Day, Yiyun Li Might Get Around to Reading Roald Dahl
  + stars: | 2023-09-07 | by ( ) www.nytimes.com   time to read: +3 min
I don’t have a proper night stand and I don’t usually read before bedtime. However, my metaphorical night stand includes “Moby-Dick,” “Don Quixote,” three of Virginia Woolf’s lesser-known novels (“The Voyage Out,” “Night and Day” and “The Years”) and the complete work of Beatrix Potter. (Books written to be consumed at one sitting or in a day don’t interest me.) Rather, they read word by word, sentence by sentence, and they ponder over an unfamiliar word choice, a fleeting gesture, the shadow of an image, and the ripple of a sentence seen in the following sentence. It’s a testament to the art of reading with not only five senses but also with memory and imagination.
Persons: Moby, Dick, ” “ Don Quixote, , Virginia, Beatrix Potter, Hilary, It’s, Michael K, ” Edward P, Jones’s, ” William Trevor’s “, Fortune ”, Naipaul’s, Edmund White, Elizabeth Bowen’s “, Edmund, we’ve, Marilynne Organizations: Skype, Princeton Locations: , Paris
July 27 (Reuters) - Volkswagen (VOWG_p.DE) and Xpeng's (9868.HK) jointly developed electric vehicles (EV) will use Xpeng's G9 'Edward' platform, in a filip for the Chinese startup that analysts said could boost its sales and profitability. The Edward platform is an older generation of Xpeng's platform technology, forming the basis for the startup's G9 and P7 models. Its latest models, like the G6, are being built on a newer platform, the Smart Electric Platform Architecture (SEPA) 2.0. Still, news that Volkswagen and Xpeng will use the Edward platform could help boost the sales of models still using it, said an analyst who declined to be named. The partnership could also help lower Xpeng's EV production costs by leveraging Volkswagen's scale and bargaining power in supply.
Persons: Edward, filip, Oliver Blume, Xpeng, Blume, Victoria Waldersee, Zhang Yan, Matthias Williams, Mark Potter Organizations: HK, Volkswagen, Smart, EV, Deutsche Bank, Thomson Locations: China
A Long Island restaurateur who was a key witness in a public corruption investigation was sentenced to four years in prison Wednesday, ending an episode that churned up allegations of endemic wrongdoing that stretched across New York City and one of its most populous suburban areas. He testified for 17 days in two trials against Mr. Mangano, who is now serving 12 years in prison. On Wednesday, Judge Joan M. Azrack of the Eastern District of New York called Mr. Singh “a master of pay to play.” But she credited his help to prosecutors, which revealed a dark nexus of politics and business. “The extent and nature of his cooperation is possibly unmatched by any defendant in a corruption investigation,” Judge Azrack said. She also noted Mr. Singh’s age and health problems, as well as the support of his family, commending him for raising three successful sons.
Persons: Harendra Singh, Edward P, Mangano, Joan M, Singh “, ” Judge Azrack, Ruby Organizations: of Locations: New York City, Nassau County, Eastern, of New York
Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.
Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,
Now he’s a founding partner and the risk manager at Kepos Capital, a New York-based investment company with $2 billion under management. What excites him these days is a financial instrument he’s conceived that he thinks could help stop climate change. The problem Litterman is trying to solve is that many private investors are unwilling to invest heavily in climate solutions because they lack confidence that there will be a payoff. There’s a term for the problem Litterman is wrestling with: time inconsistency. In the case of climate change, investors understandably worry that the government will back away from its commitment to a high carbon price if there’s a substantial political backlash.
Persons: Robert Litterman, Goldman Sachs, Fischer Black, Litterman, it’s, Finn Kydland, Edward Prescott Organizations: Wall, University of Minnesota, Kepos, Society Locations: New York, London
Now, for the fifth time in the accolades’ 23-year history, it’s been named best airline in the prestigious Skytrax World Airline Awards 2023. The Qatar flag carrier bossed it in business class, with wins for World’s Best Business Class, World’s Best Business Class Seat, World’s Best Business Class Lounge (the Al Mourjan lounge at Hamad International Airport), World’s Best Business Class Lounge Dining and Best Airline in the Middle East. Scoot was the World’s Best Long-Haul Low-Cost Airline and Volotea won out in the very competitive Best Low-Cost Airline in Europe category. Garuda Indonesia’s cabin staff were voted the world’s best, Cathay Pacific won World’s Best Inflight Entertainment and Bangkok Airways was once again the World’s Best Regional Airline. Delta Air Lines was named Best Airline in North America, with the Best Airline Staff Service for the region, while Sun Country Airlines was named Best Low-Cost Airline in North America title for the first time Alaska Airlines was North America’s Best Regional Airline.
Persons: it’s, , Edward Plaisted, Goh Choon Phong, , Al, Scoot, Volotea Organizations: CNN, Singapore Airlines, Air and Space Museum, Paris Air, SIA, Qatar Airways –, Japan’s ANA All Nippon Airways, Emirates, Japan Airlines, Qatar, World’s, Hamad International Airport, ANA, World’s Best, Services, Kuwait Airways, AirAsia, Air Canada, Cathay Pacific, Entertainment, Bangkok Airways, . Delta Air Lines, Best Airline Staff Service, Sun Country Airlines, Alaska Airlines, Airlines, Qatar Airways, ANA All Nippon Airways, Turkish Airlines, Air, Cathay, Korean, Hainan Airlines, Int’l Air, Etihad Airways, Iberia, Fiji Airways, Qantas Airways, British Airways, Air New Zealand, Delta Air Lines, Garuda, Thai Airways, Transavia, Southwest Airlines, Vueling, Ryanair, Jetstar Airways, Friendly, Virgin Atlantic Locations: Singapore, Europe, North America, Air France, Garuda Indonesia, Transavia France
Tech giants Alphabet and Meta were among the top-paying public companies in 2022. Alphabet, the parent company of Google, and Meta were among the top-paying public companies in 2022, according to an analysis by the Wall Street Journal. But Vici Properties, a real-estate-investment trust with just 22 employees, came top with a median salary of around $415,000. Google's median pay package slipped from the top spot in 2021, according to the Journal's analysis. The Journal reported that, overall, median salary ranges in 2022 didn't fall "significantly" from 2021, when public companies enjoyed large gains in the public markets.
Persons: They've, MyLogIQ, Meta, Sundar Pichai, Mark Zuckerberg, Edward Pitoniak Organizations: Morning, Google, Meta, Wall Street, SEC
Some big advertisers want to know exactly when their agencies are using generative AI. And in its current form, generative AI can create derivative content. And WPP ad agency Ogilvy is advocating for advertisers and social media platforms to disclose the use generative AI in influencer campaigns, The Financial Times reported. "You need to sit down with your agency and ask how they are using generative AI." He said he's in active conversations with the heads of all the agencies the alcohol giant works with about how they are experimenting with generative AI tools.
Persons: Reed Smith, Ruben Schreurs, Schreurs, — Andrew Robertson, , Ogilvy, Keri Bruce, Bruce, L'Oréal, we've, Asmita Dubey, Edward Pilkington, Lesley Klein Organizations: BBDO, Ad, WPP, Financial Times, of National, Diageo, Diageo North Locations: Diageo North America
LONDON, March 15 (Reuters) - Finance minister Jeremy Hunt presented less gloomy forecasts for Britain's economy at his Spring Budget on Wednesday. Reuters Graphics Reuters GraphicsROSIER OUTLOOKA rout in global banking stocks on Wednesday overshadowed many UK-specific moves. Investments announced by Hunt such as a corporate spending tax break, a boost for defence and extra childcare support were not viewed as particularly inflationary. Unlike in the last budget, noise around windfall taxes on oil and gas companies was muted in the run-up to the budget since energy prices have fallen dramatically since then. "In general, the budget is not the big story for gilts right now, global drivers are in the driving seat," said James Smith, economist at ING.
"Despite continuing global instability, the OBR report today that inflation in the UK will fall from 10.7% in the final quarter of last year to 2.9% by the end of 2023." MARKET REACTION:STOCKS: The FTSE 100 (.FTSE) was down 3%, under pressure from a rout in global bank stocks, while the domestic-focussed midcap index (.FTMC) fell 2.5%. MONEY MARKETS: UK bond yields pared some of their daily declines, with the 10-year yield last down 19 basis points at roughly 3.30%, compared with a session low of 3.289% when Hunt began talking. EDWARD PARK, CHIEF INVESTMENT OFFICER, BROOKS MACDONALD, LONDON:"I would view this very much as a budget for the bond market." "When the dust settles, international investors will be constructive around the type of budget we've had today, which suggests a calmer approach to managing the UK.
Silicon Valley Bank collapse: What you need to know now
  + stars: | 2023-03-14 | by ( ) www.reuters.com   time to read: +3 min
March 14 (Reuters) - U.S. bank stocks jumped on Tuesday, recovering some ground after the failure of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O) triggered heavy selling by investors who were already anxious about the impact on lenders of rising interest rates. Senator Elizabeth Warren called on Federal Reserve Chair Jerome Powell to recuse himself from an internal review of recent bank failures, saying his actions "directly contributed" to them. * Chancellor Olaf Scholz said Germans should not have major concerns and that regulators had learned lessons from the global financial crisis in 2008. MARKETS* U.S. regional bank shares bounced, with First Republic Bank (FRC.N) up 42.3% at $44.40 a share, a day after touching a record low of $17.53. * Global shares turned higher, ending a five-session rout, as U.S. inflation data bolstered bets on a smaller interest rate hike by the Federal Reserve next week.
Worries about potential contagion had also slammed bank shares in Asia and Europe as investors re-examined their risks, despite assurances from U.S. President Joe Biden and other global policymakers that the financial system is safe. In Europe, where some see lenders as less vulnerable, the banking index (.SX7P) first fell then recovered to rise 2.7%. Asian banking stocks had extended their declines overnight, with Japanese banks hard-hit despite reassurances from the Bank of Japan said about their capital buffers. Regulator FDIC had moved swiftly to close New York's Signature Bank SBNY.O as well as taking control of SVB. Citing people familiar with the matter, the WSJ said the investigators are also examining stock sales that SVB Financial Group's executives made days before SVB failed, adding that the Justice Department's probe involves the department's fraud prosecutors in Washington and San Francisco.
Banking giants Citi (C.N), Wells Fargo (WFC.N) and JP Morgan (JPM.N) were also 1%-3% higher in the pre-market. Japanese financial institutions have sufficient capital buffers to absorb losses caused by external factors, including risks caused by SVB's collapse, the Bank of Japan said. Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. The prospect of higher rates had been "the reason investors have been really excited about Japan bank stocks", Ikeda added. We just ask for a little bit of time because of the volume," FDIC employee Luis Mayorga told waiting customers.
When Luke Iseman was thinking of launching a solar geoengineering startup, he talked to experts in the field. I want no geoengineering to occur," Iseman told CNBC. And that's a that's a pretty terrifying world to imagine," Iseman told CNBC. "Initially, I was really skeptical entirely of the of the voluntary carbon credit market," Iseman told CNBC. Pasztor told CNBC.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMGM Grand and Mandalay Bay are very attractive deals for Vici Properties investors, says CEOEdward Pitoniak, Vici CEO, joins 'Power Lunch' to discuss why it's important to own 100% of Mandalay Bay and MGM Grand, how the company could've paid less for for its stake in both companies and more.
LONDON, Nov 15 (Reuters) - The moment of truth is almost here for Britain's new prime minister Rishi Sunak and finance minister Jeremy Hunt. British markets have regained some poise after the carnage triggered by September's fiscal statement, but as the UK slips into recession, the outlook is far from rosy. Here's a look at some of the likely winners and losers from Thursday's budget. "Domestic UK equities are being treated with caution by investors both domestically and internationally," he said. snapshotA CRUDE TARGETEnergy companies have reported bumper profits this year, thanks to soaring crude oil and gas prices.
The net effect was to catapult next year's implied Fed terminal rate well above 5%. Fed vs BoE Terminal RatesNIESR chart on UK variable mortgagesBANK "IN A HOLE"Although the BoE insisted further hikes from 3% would likely be needed, two of the nine person policymaking council voted for a smaller rate rise this week. State Street's EMEA macro strategist Tim Graf also thinks a terminal rate closer to 4% is now "the more likely end state for policy rates." The BoE needs to be super careful about the pound because another withering lurch will simply aggravate import and energy price inflation. by Mike Dolan, Twitter: @reutersMikeD; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Only around 15 Twitter employees have access to content moderation tools, Bloomberg reported. But workers told Bloomberg it could cause misinformation to surge ahead of the midterm elections. Meanwhile, on Friday, Musk said that Twitter would form a new content moderation council. But, several workers responsible for moderating content on the site expressed concern as to how Twitter would address misinformation related to the upcoming midterm elections with substantially fewer workers, Bloomberg reported. Musk has repeatedly criticized Twitter's moderation efforts and indicated he would remove bans on several users.
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