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☆ The Old-Fashioned Library at the Heart of the A.I. Boom
▼ + stars: | 2024-05-15 | by ( Cade Metz | Christie Hemm Klok | ) www.nytimes.com time to read: 1 min

The two-story library has Oriental rugs, shaded lamps dotting its desks and rows of hardbacks lining its walls. It is the architectural centerpiece of the offices of OpenAI, the start-up whose online chatbot, ChatGPT, showed the world that machines can instantly generate their own poetry and prose. The building, which was once a mayonnaise factory, looks like a typical tech office, with its communal work spaces, well-stocked micro-kitchens and private nap rooms spread across three floors in San Francisco’s Mission District. But then there is that library, with the ambience of a Victorian Era reading room. Its shelves offer everything from Homer’s “The Iliad” to David Deutsch’s “The Beginning of Infinity,” a favorite of Sam Altman, OpenAI’s chief executive.

Persons: “, David Deutsch’s “, Sam Altman Organizations: Francisco’s Mission Locations: OpenAI, Francisco’s

☆ China’s international students under pressure as economic uncertainty looms
▼ + stars: | 2024-05-15 | by ( Ulrica Lin | ) www.cnbc.com time to read: +2 min

As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice on how to cope with the situation. The 24-year-old Chinese student is currently studying design in an undergraduate program at a university in Alabama. Her parents have so far spent 1.5 million Chinese yuan, or about $211,500, to fund her overseas studies and living expenses. But in October last year, her parents told her they were facing cash flow problems and could no longer offer her financial support. "I didn't have time to feel sad because I needed to make money to pay for my tuition fees and rent as soon as possible," Zhang told CNBC in Mandarin.

Persons: Xiao Zhang, Zhang Organizations: New Oriental Education, CNBC Locations: Alabama, U.S

☆ Bribing the Navy Is Easier (and More Entertaining) Than You Might Think
▼ + stars: | 2024-05-13 | by ( Nicolas Niarchos | ) www.nytimes.com time to read: +1 min

FAT LEONARD: How One Man Bribed, Bilked, and Seduced the U.S. Navy, by Craig WhitlockIn ports throughout the Western Pacific, the brave officers of the United States Navy gulped down lobster thermidor, truffle royale, Osetra caviar, white asparagus custard and kombou seaweed jelly; they guzzled gallons of Cristal and Dom Pérignon; they puffed boxes of Cohiba cigars. Near the end of a meal, they sometimes received what Leonard Glenn Francis, the venal military contractor who was picking up the tabs, called “oriental dessert”: an “armada” of sex workers hired to flash their breasts and perform intimate acts. An attendee described one of Francis’ dinners as a “Roman orgy.” At one of Francis’ most sordid parties, in Manila in 2007, a replica of Gen. Douglas MacArthur’s corncob pipe was used as a sex toy. At least one of Francis’ dinners cost more than $3,000 a head. In return, Navy officials looked the other way as his companies charged far above the regional rate to service American vessels.

Persons: LEONARD, Craig Whitlock, Dom Pérignon, Leonard Glenn Francis, Francis ’, Douglas MacArthur’s, Leonard, ”, Francis, Leonard the Organizations: U.S . Navy, United States Navy, Cristal, Washington Post Locations: Pacific, Manila, Gen

☆ Chinese consumer stocks to buy even if the overall market rally fades
▼ + stars: | 2024-05-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

It's now focused on finding industry leaders with high free cash flow. Hong Kong-based AlphaHill Capital is looking specifically for Chinese consumer names with free cash flow growth, said Siliang Jiang, the firm's partner and portfolio manager. Jiang expects the Chinese consumer will start to turn around in the second half of this year or next year. China's "Consumer Confidence Index (CCI) edged up in the past 9 months, despite falling property prices and fears of 'household balance sheet recession '. Two of their picks based on positive free cash flow are Li Auto and New Oriental Education .

Persons: Ding Wenjie, Ding, It's, Siliang Jiang, Jiang, Li, Liqian Ren, Ren, — CNBC's Michael Bloom Organizations: Citi, China Asset Management Co, CNBC, Investors, China Merchants Securities, Baidu, Bank of America, Li Auto, New Oriental, Speed Railway, WisdomTree, Reuters Locations: China, India, Hong Kong, Tencent, Beijing, Shanghai, Shanghai . State

☆ Oriental Trading Company CEO: The consumer is feeling the pinch
▼ + stars: | 2024-05-03 | 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 EmailOriental Trading Company CEO: The consumer is feeling the pinchOriental Trading Company CEO Steve Mendlik joins 'Squawk Box' to discuss the state of the consumer, state of the supply chain, competition from China, and more.

Persons: Steve Mendlik Organizations: Oriental Trading Company, Trading Company Locations: China

☆ Songkran 2024: Celebrating Thailand’s annual New Year festival
▼ + stars: | 2024-04-05 | by ( Karla Cripps | ) edition.cnn.com time to read: +10 min

Bangkok, Thailand CNN —On the surface, Thailand’s annual Songkran festival appears to be just one great big water fight. Pipad Krajaejun, a history lecturer at Bangkok’s Thammasat University, says it’s difficult to pinpoint exactly when the water fights became such a key part of the festival. (We’ll share more on the water fights below.) Some towns limit the water fights to one day, so be sure to check ahead if you’re planning to join the battles. Soe Zeya Tun/ReutersAmong the highlights of the festival is the Maha Songkran Parade, which will happen on April 11.

Persons: Thailand CNN —, that’s, ”, Songkran, Boonserm Satraphai, Pipad, “, Soe Zeya Tun, University’s Pipad, Nam, Chalinee Thirasupa, MBK, Lauren DeCicca, John S Lander, it’s, CNN Travel’s Karla Cripps, she’s Organizations: CNN, Thailand CNN, UNESCO, Heritage, Bangkok’s Thammasat University, CNN Travel, ”, Thailand’s Tourism Authority, of, Reuters, Central Department, Thai Locations: Bangkok, Thailand, it’s, Chiang Mai, Thailand's, Khao San, Chiang, Old City, Pipad, Chiangmai, Thailand’s, Ratchadamnoen, Lanna, San

☆ Tracy Britt Cool, who worked for Warren Buffett for 10 years, is making her name in midsized firms
▼ + stars: | 2024-03-14 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Tracy Britt Cool has been busy acquiring midsized companies — ones too small for her old boss Warren Buffett at Berkshire Hathaway — and now she wants to build a close-knit community for these smaller businesses. Unlike the Berkshire CEO's laissez-faire approach to managing his companies, however, Cool is more hands-on, guiding company leaders through hiring and developing strategies. "We want to be the trusted home for midsized companies," Cool said in an interview. Buffett influence Cool famously got a job working for Buffett as his financial assistant by sending the "Oracle of Omaha" a letter after graduating Harvard Business School. Cool declined to comment on her relationship with Buffett or her experience at Berkshire.

Persons: Tracy Britt Cool, Warren Buffett, Berkshire Hathaway —, Buffett, Charlotte, Kanbrick, Brian Humphrey, Cool, Kanbrick hasn't, Benjamin Moore, it's Organizations: Berkshire Hathaway, Elite, Cool, Harvard Business School, Oriental Trading Company, Systems Locations: Berkshire, Nashville, Kansas, Omaha, Pennsylvania

☆ Activist Elliott calls for a big buyback at Mitsui Fudosan — 3 ways the company may create value
▼ + stars: | 2024-03-02 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Business: Mitsui Fudosan is a Japan-based company engaged in the real estate business. Even as a commercial real estate company, Mitsui Fudosan does possess some brand power, which translates to premium pricing power. Mitsui Fudosan is grappling with a low valuation and return on equity in absolute terms and relative to peers. Right now, Mitsui Fudosan has 0.65 times price to adjusted book value (for real estate companies) and the lowest ROE among its peers. There are three things Mitsui Fudosan can do right away to create value for shareholders.

Persons: Elliott, Palliser, ROE, debatably, Dai, Takashi Ueda, Ken Squire Organizations: Mitsui Fudosan, Mitsui Home, Mitsui, Nikkei, Oriental Land Company, Tokyo, Mitsui Fudosan's, Tokyo Stock Exchange, Keisei Rail, Dai Nippon Printing, Dai Nippon, Services, 13D Locations: Japan, COOs, ValueAct, OLC, OLC .

☆ Freddie Mercury’s London home for sale for $38 million
▼ + stars: | 2024-02-27 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —The former London home of rock legend Freddie Mercury is available to buy – that is, for those with a cool £30 million ($38 million) to spare. The property was bought by Mercury on the spot when he first visited it in 1980, according to Knight Frank, which is handling the sale. In this spirit, the dining room was painted citrus-yellow, reportedly Mercury’s favorite color, with complementary jewel tones in the cornices of the room. The property’s principal suite is entered through what used to be Mercury’s dressing room, where he stored his clothes and stage costumes. After more than 30 years taking care of them, Austin, now 72, auctioned about 1,400 of Mercury’s belongings last year, and is now looking to sell Garden Lodge for offers in excess of £30 million ($38 million), according to Knight Frank.

Persons: Freddie Mercury, Knight Frank, Robin Moore Ede, ” Knight Frank, Barney Hindle, Knight Frank The, Mercury, Mary Austin, “, ” Austin, Freddie Organizations: London CNN, Mercury Locations: London, Kensington, Austin

☆ He always felt he needed a vacation from his life in Chicago. So he retired at 40 and moved into a $110,000 house in the Philippines with his wife.
▼ + stars: | 2024-02-26 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Read previewAfter a two-and-a-half-week vacation in the Philippines in 2016, Corey Fraser realized he didn't want to go back to his regular life in the US. Corey Fraser and his wife, Rachel. In 2022, Fraser retired early and moved to the Philippines with his wife, Rachel. AdvertisementSince foreigners can't own land in the Philippines, Fraser signed a 25-year leasehold contract on the land instead, with the right to extend his lease for an additional 25 years. Corey FraserIt's been over two years since Fraser moved to the Philippines, and he says he's much happier and healthier than he used to be.

Persons: —, Corey Fraser, Fraser —, Fraser, Rachel, Corey Fraser It's, Chicago — I'm, Chicago —, I'm, it'll Organizations: Service, Business, YouTube Locations: Philippines, Portland, —, Chicago, Negros, Manila

☆ The Eastern & Oriental luxury train restarted this week — here’s what a trip costs
▼ + stars: | 2024-02-16 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +2 min

The train, which is operated by the luxury travel company Belmond, this week welcomed its first set of passengers since it stopped running as a result of the Covid-19 pandemic. The luxury train has been operating in Southeast Asia since 1993, when it first began shuttling travelers between Singapore and Bangkok. Now Thailand is out, replaced with two new journeys, which start and end in Singapore and explore different sides of Malaysia. The new routes are seasonal, with the "Essence of Malaysia" running from November to February, and "Wild Malaysia" from March to October. Prices start from £3,530 ($4,430) per person for a one-night trip in a historic cabin, according to its website.

Persons: Arnaud Champenois, Belmond's, Andre Chiang, Singapore's, Andre Organizations: Oriental Express, CNBC, Orient Locations: Southeast Asia, Singapore, Bangkok, Thailand, Malaysia, West Coast, Penang, Langkawi, Kuala Lumpur, Wild, Taman, Venice, Europe

☆ The Eastern & Oriental Express luxury train is back, but different
▼ + stars: | 2024-02-16 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Eastern & Oriental Express luxury train is back, but differentThe luxury train returned to the rails this week, but with several key changes, including two new routes, reports CNBC's Monica Pitrelli.

Persons: CNBC's Monica Pitrelli Organizations: Oriental Express

NEW YORK (AP) — President Joe Biden zipped through a trio of tony fundraisers in Manhattan on Wednesday afternoon, raising cash, confounding traffic and framing the 2024 election as “not about me” but rather stopping GOP front-runner Donald Trump. Blocks of interlocking bicycle racks cleared the roads for Biden's motorcade in solidly Democratic New York as he packed in three fundraisers in four hours. And at each event, Biden kept the focus squarely on his likely GOP opponent. “There is one existential threat and it’s Donald Trump," Biden said at his first stop, a wood-paneled apartment with an ornate fireplace and a baby grand piano. For all those Manhattan residents stuck lining the closed streets, Biden has plans to come back to New York for a bigger splash on March 28.

Persons: Joe Biden zipped, tony, “, Donald Trump, Biden, “ It’s, Vladimir Putin “, Trump, ”, ” Biden, Robert De Niro, “ you’re, Barack Obama, Bill Clinton Organizations: Democratic, GOP, Trump, Republicans Locations: Manhattan, Democratic New York, New York, Washington, Ukraine, Israel, Iowa

☆ Mitsui Fudosan shares hit record high after Elliott reportedly calls for over $6.5 billion share buyback
▼ + stars: | 2024-02-05 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: 1 min

Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Shares of Mitsui Fudosan surged to an all-time high on Monday after a report said U.S. activist investment firm Elliott Management had demanded the company launch a massive stock buyback program. Japan's largest property developer jumped as much as 11.8% in early afternoon trading to hit a record 4,100 yen. The Financial Times reported that Elliott Management had called upon the property group to launch a 1 trillion yen ($6.74 billion) buyback plan. The report said Elliott also demanded the company sell down its $3.6 billion stake in Oriental Land , which runs Tokyo Disneyland, citing people familiar with the matter at both Elliott and Mitsui.

Persons: Mitsui Fudosan, Elliott Management, Elliott Organizations: Mitsui, Financial Times, Elliott Management, Elliott Locations: Tokyo, Japan, Oriental

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

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

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

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ The most exciting new trains coming in 2024
▼ + stars: | 2024-01-04 | by ( Ben Jones | ) edition.cnn.com time to read: +13 min

CNN —Around the world, travelers are flocking back to trains, and demand is increasing across the board for high-speed trains, luxury “land cruises” and long-distance day and night trains. Here are some of the best new trains you’ll be able to take in 2024. Laurie Dieffembacq/Belga/AFP/Getty ImagesLinks between two of Europe’s most visited capitals have traditionally been pretty poor, with no direct trains since the 1990s. Ian Clarke/Alamy Stock PhotoFour continents, 13 countries, and seven luxury trains across 80 days – the ultimate experience for rail travel connoisseurs is due to depart in late 2024. BelmondOne of the world’s greatest luxury train journeys is returning to the rails in 2024 after a four-year gap.

Persons: Laurie Dieffembacq, Dimorestudio, Vita ”, Riva Aquarama, itineraries, Jeroen Berends, Gabriel Bouys, it’s, Jesus Hellin, That’s, Trenitalia, Luigi Ferraris, France –, Railbookers, Ian Clarke, we’ve, ”, Frank Marini, Alex Halada, There’s Organizations: CNN, Orient, Getty, ÖBB, Austrian Federal Railways, SNCF, Eurostar, National, Europa Press, French, Renfe, FS, Rocky Mountaineer, Royal, Orient Express, Oriental, ”, Oriental Express, Austrian Railways, Swiss Locations: Swiss, Venice, Paris, Berlin, AFP, Strasbourg, Frankfurt, Italy, Rome, Matera, Palermo, Sicily, Messina, Europe’s, Istanbul, Split, Brussels, Prague, Europe, Dutch, Dresden, Belgian, Roman, Naples, Madrid, Spain, France, Spanish, Barcelona, Lyon, Marseille, Canada, Central Europe, India, South Africa, Eastern, Vancouver, Malaysia, Singapore, Malaysia’s, Kuala Lumpur, Langkawi, Penang, Bangkok, Vienna, Innsbruck, Hamburg, Switzerland, Germany, Zürich, Gornergrat Bahn, Zermatt, Gornergrat, Riffelalp

☆ A few U.S.-listed China stocks doubled in price in 2023. Winners to watch
▼ + stars: | 2023-12-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

The top-performing U.S.-listed Chinese stocks for 2023 weren't well-known internet names. But topping PDD were three stocks that basically doubled or more for the year: ACM Research , New Oriental Education and Ehang . Overall market struggled Individual stock gains contrast with a steep decline for Chinese stocks overall. The outperforming mainland Chinese stock index was the Beijing Stock Exchange 50 Index, up by about 15% in 2023, according to Wind. Correction: This story has been updated to reflect that ZKH is listed on the New York Stock Exchange.

Persons: Alibaba, it's, Dong, Goldman Sachs, Ehang, Allen Chang, EHang, Goldman, Hollysys Organizations: PDD Holdings, ACM Research, New Oriental Education, Nvidia, Wings Logistics, United Arab Emirates, Auto, Technologies, Ascendent, Partners, New York Stock Exchange, U.S, CSI, Beijing Stock Locations: China, New, Hong Kong, ., United Arab, Shanghai, Beijing

MANILA, Dec 3 (Reuters) - The Philippines lifted a tsunami alert early on Sunday as waves receded from a magnitude 7.4 earthquake that struck the south of the country, triggering coastal evacuations and some waves in there and in Japan. More than 500 aftershocks were recorded, and the Philippines' Institute of Volcanology and Seismology (Phivolcs) urged caution as people resumed normal activities. "The tsunami threat associated with this earthquake has now largely passed the Philippines," Phivolcs said in a statement but advised people in threatened communities to heed the instructions from local authorities. [1/4]People gather at an evacuation center, in the aftermath of an earthquake, in Hinatuan, Surigao del Sur, Philippines December 2, 2023. Japan's Hachijojima island, some 290 km (180 miles) south of Tokyo, recorded waves of 40 cm (1.3 feet), the Japan Meteorological Agency said.

Persons: Phivolcs, Bicap, Hinatuan, Philvolcs, James Soria, Cosme Calejesan, Karen Lema, Neil Jerome Morales, William Mallard Organizations: Institute of, Philippine Coast Guard, Reuters, REUTERS Acquire, Centre . Earthquakes, Japan Meteorological Agency, U.S ., Thomson Locations: MANILA, Philippines, Japan, Mindanao, Surigao Del Sur, Davao Oriental, Bislig, Hinatuan, Surigao del Sur, Handout, Centre, Hinatuan province, Tokyo, U.S, Surigao City, Manila

MANILA, Philippines (AP) — A powerful earthquake that shook the southern Philippines killed at least one villager and injured several others as thousands scrambled out of their homes in panic and jammed roads to higher grounds after a tsunami warning was issued, officials said Sunday. The Pacific Tsunami Warning Center said it expected tsunami waves to hit the southern Philippines and parts of Indonesia, Palau and Malaysia, but later dropped its tsunami warning. In Japan, authorities issued evacuation orders late Saturday in various parts of Okinawa prefecture, including for the entire coastal area, affecting thousands of people. My perfume bottles fell off a table, pictures on my wall swung and I heard people screaming outside: 'Get out, get out, earthquake, earthquake!”’ Isidoro said. Thousands of residents stayed outside their homes for hours in many towns due to the earthquake and tsunami scare, including in some that were drenched by an overnight downpour, officials said.

Persons: Shieldon Isidoro, Isidoro, ’ Isidoro, Gilberto Teodoro Jr, Teresito Bacolcol, Mari Yamaguchi Organizations: Geological Survey, Tsunami Warning, Associated Press, Defense, Philippine Institute of Locations: MANILA, Philippines, U.S, Indonesia, Palau, Malaysia, Japan, Okinawa, Tagum, Davao del Norte, Surigao del Sur, Davao Oriental, Surigao del Sur province

☆ Strong Quake in Philippines Triggers Tsunami Warnings and Evacuations
▼ + stars: | 2023-12-02 | by ( Dec. | At A.M. | ) www.usnews.com time to read: +3 min

Evacuations were continuing in the Philippines, where there were no initial reports of significant wave damage or casualties despite continuing aftershocks. The Philippine Institute of Volcanology and Seismology, Phivolcs, maintained that the risk of a tsunami remained. However, the two provinces are largely rural and not densely populated, unlike other parts of the Philippines. The EMSC said the quake of magnitude 7.5 had struck at a depth of 63 km (39 miles), while the U.S. Geographic Survey put the quake at magnitude 7.6 and a depth of 32 km (20 miles), and said it had struck at 10:37 p.m. (1437 GMT).

Persons: Mikhail Flores MANILA, Phivolcs, Raymark Gentallan, James Soria, Cosme Calejesan, EMSC, Mrinmay Dey, Mikhail Flores, Karen Lema, Kiyoshi Takenaka, Kevin Liffey, Alison Williams, David Holmes, Jonathan Oatis Organizations: U.S ., Philippine Institute of, Japan Meteorological Agency, Seismological, Reuters, Earthquakes, U.S . Geographic Survey Locations: Philippines, Mindanao, Japan, U.S, Tokyo, Surigao Del Sur, Davao Oriental, Hinatuan, Surigao City, Bengaluru, Manila

☆ Earthquake of 7.5 strikes Philippines, tsunami expected in Philippines and Japan
▼ + stars: | 2023-12-02 | by ( ) www.reuters.com time to read: +2 min

Dec 2 (Reuters) - An earthquake of at least magnitude 7.5 struck Mindanao in the southern Philippines late on Saturday, triggering evacuation orders for some areas and southwestern Japanese coasts because of warnings of tsunami waves of a metre (3 feet) or more. The Philippine Seismology Agency Phivolcs said the waves could hit the Philippines by midnight (1600 GMT) and continue for hours. The U.S. Tsunami Warning System said there could be waves of up to 3 metres above the tide level along some Philippine coasts. The Japanese broadcaster NHK said tsunami waves of up to a metre were expected to reach Japan's southwestern coast around 30 minutes later - by 1:30 a.m. on Sunday (1630 GMT on Saturday). The European-Mediterranean Seismological Centre (EMSC) said a quake of magnitude 7.5 had struck at a depth of 63 km (39 miles).

Persons: Agency Phivolcs, Phivolcs, Mrinmay Dey, Mikhail Flores, Kiyoshi Takenaka, Kevin Liffey, Diane Craft, Alison Williams Organizations: Agency, U.S ., NHK, Seismological, U.S . Geographic Survey, Thomson Locations: Mindanao, Philippines, Philippine, U.S, Surigao Del Sur, Davao Oriental, Japanese, Hinatuan, Earthquakes, Bengaluru, Manila, Tokyo

☆ Azerbaijan’s 10 best castles and fortresses
▼ + stars: | 2023-11-20 | by ( Tom Marsden | ) edition.cnn.com time to read: +10 min

It grew up around a fortress built in the 1750s by Panah Ali Khan, founder of the Karabakh Khanate (1748-1822). Kamilla Rzayeva Tea culture: Azerbaijani tea culture originated in Lankaran and the hospitable locals will often welcome visitors with a refreshing glass. Kamilla Rzayeva Yanar Bulag: Yanar Bulag, meaning "burning spring" is a natural spring which percolates methane gas. Kamilla Rzayeva Hirkan National Park: Home to endangered Persian leopards, Hirkin National Park is a great place for hiking and cooling off. Kamilla Rzayeva Ironwood trees: Hirkan National Park's famous ironwood trees are believed to have survived the last Ice Age.

Persons: ”, Alexander the Great, Timur, Russia –, Elchin Aliyev, who’s, Akhsitan I, Ilisu, Ivan Paskevich, Imam Shamil, Potemkin, Sergei Einstein’s, Panah Ali Khan, Persian Shah, Agha Mohammad Khan Qajar, Joseph Stalin, Kamilla, Stalin, Yanar, Zindan Organizations: CNN, UNESCO, Sheki, of Sheki, Zaqatala Locations: Europe, Asia, Azerbaijan, Russia, USSR, jostle, Old City, Baku, Mardakan, Shabran, Persia, Chirag, Sheki, Caucasus, Ilisu, Ilisu Sultanate, Soviet, Zaqatala, Lesser Caucasus, Shusha, Karabakh, Persian, Alinja, Azerbaijan’s, Nakhchivan, Armenia, Iran, Turkey, Machu Picchu, Azerbaijani, Lankaran, Ironwood, ironwood, Talysh

☆ A new ranking shows the best luxury hotel brands in the world
▼ + stars: | 2023-11-09 | by ( Quek Jie Ann | Marylou Costa | ) www.cnbc.com time to read: +2 min

But a new list, released by the members-only group LTI – Luxury Travel Intelligence, ranks hotel brands rather than individual properties. Luxury Travel Intelligence memberships cost $700 per year and grant access to the group's travel research. Source: LTI — Luxury Travel IntelligenceOetker Collection's Hotel La Palma in Capri, Italy. Source: LTI – Luxury Travel IntelligenceTwo brands are new to the list this year: Peninsula Hotels and Raffles Hotels & Resorts. The scoring systemLuxury Travel Intelligence uses an algorithm to assess hotel brands, which has a maximum of 4,663 points, said Crompton.

Persons: Aman, Rocco Forte, Michael Crompton, Crompton, Travel Intelligence Crompton Organizations: Travel Intelligence, Raffles, Intelligence, La, Raffles Hotels & Resorts, Luxury Travel Intelligence, CNBC Travel Locations: Oriental Singapore, Capri , Italy, Raffles Doha, Qatar

☆ Take a look inside the new Raffles hotel in London
▼ + stars: | 2023-11-08 | by ( Karen Gilchrist | Marylou Costa | ) www.cnbc.com time to read: +8 min

Fiona Harris Communications director, Raffles London"It's the magic combination: the building, the location and the name, Raffles," Fiona Harris, Raffles London's communications director, told CNBC Travel. All in, the hotel houses 120 suites and rooms, including five heritage suites in the former offices of political and military leaders, and eight corner suites named after notable women and female spies. Raffles London is home to 120 rooms and suites, including eight corner suites named after notable women and female spies. Saison, run by Argentine Michelin star chef Mauro Colagreco, is one of nine restaurants and three bars at Raffles London. London's new luxury waveA stay at Raffles London is not without a significant price tag.

Persons: Winston Churchill's, Fiona Harris, Sir Stamford, Henry VIII, Ian Fleming's James Bond, Churchill, David Lloyd George, Lord Kitchener, Harris, Winston Churchill, Thierry Despont, Raffles, Argentina's Mauro Colagreco, sipping, Mauro Colagreco, James Bond, Ian Fleming, It's, Christine Granville, Gopichand Hinduja —, —, Hinduja Organizations: Raffles, Downing, Fiona Harris Communications, CNBC Travel, Sir Stamford Raffles, Hinduja, Ministry of Defense, British Army, Architects, British Secret Service, CNBC, Suite, Liberty, Michelin, Raffles London, Guards, London Sling, Argentine Michelin, Ministry, Hyde Park, Royal British Legion, British Armed Forces Locations: Whitehall, London, Raffles London, British, Singapore, India, Argentine, U.S, China, Granville, Hyde, Rosewood, Claridge's, The Emory

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