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☆ Dollar firm as war widens in Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The bid for safety kept the yen broadly steady at 143.45 per dollar and the Swiss franc at 0.8463 per dollar. The New Zealand dollar was nursing a 1.1% overnight fall at $0.6283 and oil prices had jumped 2.5%. Westpac strategist Imre Speizer said the Middle East was unpredictable but that in the absence of escalation market sentiment could recover and focus return to economics.

Persons: Sterling, Imre Speizer, Tim Walz, JD Vance Organizations: Swiss, New Zealand, U.S, Iran's Revolutionary Guard Corps, Hezbollah, ANZ, Westpac, BNZ, Gulf Coast dockworkers Locations: Iranian, Israel, Early Asia, Iran, Lebanon, Asia, New Zealand, dockside, East, Gulf Coast

☆ The true stories behind iconic Diana photos, according to the man who took them
▼ + stars: | 2024-05-31 | by ( Billy Stockwell | ) edition.cnn.com time to read: +5 min

It displays a carefully curated selection of work by renowned royal photographer Anwar Hussein, 85, who started snapping Diana when she was 19. “At first, some told me ‘you can’t do pictures of royals,’” Anwar told CNN ahead of the exhibition’s launch. Diana, the late Princess of Wales attends a Vanity Fair party at the Serpentine Gallery in Nov 1994. Anwar HusseinOver the years, Anwar and his sons have taken hundreds of thousands of photos of the royal family. Would they recreate the picture of Diana there?” Zak said.

Persons: Princess Diana, Anwar Hussein, Diana, “, ’ ” Anwar, Bob Marley, Elton John, Anwar’s, Samir, Zak, “ Diana, Kate, Meghan, ”, Charles, of Wales, Prince Charles, Anwar Hussein “, ‘ I’m, I’m, ’ ” Zak, Anwar, it’s, Diana cradling, ” Anwar, Imran, “ We’ve, ’ we’ve, Catherine Walker, Taj, Prince William, Catherine, ” Zak, ” Samir, “ He’s Organizations: CNN’s Royal, London CNN —, CNN, Imran Khan's Cancer Locations: London, London’s, Lahore, Pakistan, India, Agra

☆ I pay $1,450 a month to live on a houseboat in Toronto—'the best decision I ever made': Take a look inside
▼ + stars: | 2024-05-14 | by ( Kate Fincham | ) www.cnbc.com time to read: +6 min

Buying a houseboat: 'It felt like the perfect place for me'I visited one of the houseboats the following week. Moving aboard: 'The best decision I ever made'Going straight into a Canadian winter as a houseboat novice is generally considered a poor decision. Three years later, I regard buying my houseboat as the best decision I ever made. Courtesy of Kate FinchamMy bathroom has a typical residential toilet (which flushes into a holding tank below) and a bathtub. This area acts as my living room, dining room, and office, and features a wood stove and sliding glass doors that exit onto my back deck.

Persons: I've, I'd, Kate, Kate Fincham, Charlie, Finn, it's Organizations: Swans, Insurance Locations: Toronto

☆ Louis Vuitton stages dramatic runway show in Hong Kong
▼ + stars: | 2023-11-30 | by ( Stephy Chung | Oscar Holland | ) edition.cnn.com time to read: +8 min

Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. Musician Ma Siwei and actor Dylan Wang at the Louis Vuitton Men's fashion show in Hong Kong, China. Louis Vuitton opened its first boutique in Hong Kong in 1979. Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. “I definitely knew I wanted Hong Kong to be my second stop after Paris,” he said of his Louis Vuitton show schedule.

Persons: Hong Kong CNN — Louis Vuitton’s, Pharrell Williams, Pont, Hong, Anson Lo, Song, ”, Williams, ” —, —, Louis Vuitton, Ma Siwei, Dylan Wang, Billy H.C, Kwok, Virgil Abloh, Louise Delmotte, “, Louis Vuitton’s, junkboat, Dior, Louis Vuitton's, Lam Yik, Tyrone Siu, Reuters Louis Vuitton’s, Lorraine Schwartz, it’s, ” Williams, “ You’re Organizations: Hong Kong CNN, Hollywood, CNN, Louis, Paris, Vuitton, National Security Law, Hong Kong Tourism Board, ”, Bloomberg, Getty, K11 Group, Stars, Victoria, Reuters, Reuters Louis Vuitton’s womenswear Locations: Hong Kong, Asia, Hong, Victoria Harbour, American, Paris, Hawaii, China, Victoria Dockside, Huangpu, Shanghai, South Korea

☆ German economic weakness belies France's outperformance
▼ + stars: | 2023-09-12 | by ( Leigh Thomas | ) www.reuters.com time to read: +4 min

The European Commission said on Monday the two economies were on diverging paths this year with Germany forecast to be in a recession with a 0.4% contraction and France expected to grow 1.0%. With weak construction and declining construction investment weighing on Europe's biggest economy, Germany's outlook was slashed from a previous forecast for 0.2% growth while France was upgraded from 0.7%. The contrasting fortunes of the euro zone's two biggest economies can also be explained by tailwinds working against Germany and headwinds helping France. Germany's gas-hungry chemical industry has seen production fall 18% from 2019 levels while in France it is only 8%, Colombier said. That leaves few props to lend support to French growth going forward other than household savings.

Persons: Jean, Paul Pelissier, Germany's, Mathieu, tailwinds, headwinds, Charles, Henri Colombier, Colombier, Plane, Leigh Thomas, William Maclean Organizations: REUTERS, European, Germany, France's Finance, Thomson Locations: Marseille, Fos, Fos sur Mer, France, Germany, PARIS, Paris

CNN —A fifth person involved in the brawl along the Montgomery, Alabama, riverfront last weekend has turned himself in, police said Friday. Reggie Ray Montgomery Police DepartmentReggie Ray, 42, was being held in the city jail, according to a news release from the Montgomery Police Department. Earlier, Mary Todd, 21, was charged with third-degree assault and was being held Thursday in Montgomery’s city jail, police said. From left, Zachery Shipman, Richard Roberts, Allen Todd and Mary Todd. Montgomery Police DepartmentAlso charged were Richard Roberts, 48, who faces two counts of third-degree assault, and Allen Todd, 23, and Zachery Shipman, 25, who face a count each of third-degree assault, Police Chief Darryl Albert has said.

Persons: CNN —, Reggie Ray, Mary Todd, Zachery Shipman, Richard Roberts, Allen Todd, Darryl Albert, Dameion Pickett, Ray’s Organizations: CNN, Reggie Ray Montgomery Police, Montgomery Police Department, Montgomery Police Locations: Montgomery , Alabama, Montgomery’s

CNN —Police say additional charges are likely as they investigate a large, chaotic caught-on-video brawl at a riverfront dock in Montgomery, Alabama, on Saturday that has so far resulted in arrest warrants for three men. Arrest warrants were issued Tuesday for three men, all of them members of the private pontoon boat, Albert said at a press conference. A man seen wielding a chair in social media videos during the brawl is being asked to contact police, Albert said. Here’s what we know about what unfolded at the riverfront dock Saturday and the ongoing investigation. The chief told CNN the police department had spent hours investigating what happened to ensure that they get it right.

Persons: Darryl J, Albert, Richard Roberts, Allen Todd, Zachary Shipman, Albert said, ”, we’ll, ” Albert, “, CNN’s Sara Sidner, Damien Pickett, Pickett, –, ” Pickett, Steven Reed, White, Christa Owen, Owen, ” “, ” Owen Organizations: CNN — Police, Montgomery Police, Montgomery Police Department, FBI, CNN Locations: Montgomery , Alabama, Montgomery

☆ Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine
▼ + stars: | 2023-05-14 | by ( ) www.cnbc.com time to read: +6 min

Swedish singer Loreen won the Eurovision Song Contest on Saturday night with her power ballad "Tattoo," at a colorful, eclectic music competition clouded for a second year running by the war in Ukraine. Loreen, 39, previously won Eurovision in 2012 and is only the second performer to take the prize twice, after Ireland's Johnny Logan in the 1980s. Under the slogan "united by music," Eurovision final fused the soul of the English port city that birthed The Beatles with the spirit of war-battered Ukraine. Now in its 67th year, Eurovision bills itself as the world's biggest music contest — an Olympiad of party-friendly pop. "Now, the music industry, the world, knows that if you appear at Eurovision, you could be in for a great thing," said Steve Holden, host of the official Eurovision Song Contest podcast.

☆ Sweden’s Loreen wins historic second Eurovision, after emotional show in Britain that celebrated Ukraine
▼ + stars: | 2023-05-13 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

Liverpool, United Kingdom CNN —Sweden’s Loreen has won the Eurovision Song Contest for a second time, earning a historic triumph at an extravagant and crowd-pleasing show held in Liverpool, United Kingdom, on behalf of Ukraine. Loreen of Sweden celebrates with the trophy after winning the Grand Final of the Eurovision Song Contest in Liverpool. Ukraine entrant TVORCHI performing in the grand final for the Eurovision Song Contest final. Eurovision fans enjoy the party atmosphere as they gather in Liverpool to watch the Eurovision Song Contest final. Cameron Smith/Getty ImagesAround the host city of Liverpool, Eurovision fans without tickets rammed into venues to watch the show on big screens, many of them waving Ukrainian flags.

☆ Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers
▼ + stars: | 2023-05-02 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The Orient Overseas Container Line’s Hong Kong container ship sits anchored dockside in Felixstowe, U.K. Photo: Chris Ratcliffe/Bloomberg NewsBankrupt retailer Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil. The home-goods retailer says in a complaint filed with U.S. maritime regulators that Hong Kong-based Orient Overseas Container Line pursued “brazen price gouging and profiteering” that cost Bed Bath & Beyond $31.7 million in extra freight charges, along with additional costs and lost profits.

☆ Saddam Hussein's yachts were once signs of luxury. Now, one is a wrecked picnic spot for fishermen and the other was almost turned into a hotel.
▼ + stars: | 2023-03-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Saddam Hussein's yachts were once luxurious signs of the dictator's power. The 'Al Mansur,' Iraqi President Saddam Hussein's private yacht, lies at the dockside in central Basra April 10, 2003. Iraq stepped in and courts decided the "Bashrah Breeze" belonged to the government. In 2018, reports that "Bashrah Breeze" would be made into a hotel for pilots made international headlines. The 'Bashrah Breeze' superyacht owned by Saddam Hussein.

☆ MSC, world's biggest shipping company and U.S.-China trade bellwether, isn't talking like a recession is coming for economy
▼ + stars: | 2023-03-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

"The return post-Chinese New Year has been positive," Toft said. SONAR FreightWaves data shows the slow pick up in global freight orders post-Chinese New Year. Ocean freight rates, which were the largest inflationary pressure on products, have dropped sharply back to pre-pandemic levels. Rejections for ocean freight have increased, which means containers filled with product for the current or upcoming season are delayed. At a time when ocean carriers are increasingly canceling sailings because of the decrease in ocean freight orders, MSC has responded by increasing the size of its fleet.

☆ See packages delivered by boat, plane, drone, and donkey as e-commerce reaches every corner of the world
▼ + stars: | 2023-02-21 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: 1 min

In Venice, Italy, boats are the fastest way to get around by far — and that includes package delivery. Traveling by boat is essential to avoid the tourist-jammed streets. A loaded DHL delivery boat sits dockside in Venice, Italy. Gisela Schober/Getty Images

In the early 2010s, Mr. Mellow set out for still more distant shores, traveling to many famous surf breaks in the South Pacific. Mr. Abdul-Rashed and Mr. Danian traveled to Hawaii to connect with Mr. Mellow, their spiritual guide and Pacific expedition leader. Mr. Mellow posted an ad on Facebook and Craigslist offering $10,000 for passage to the South Pacific. Mr. Schmidt was in sync with the young seekers when it came to fear of Big Brother and vaccines, but dreading port officials brandishing nasal swabs struck even Mr. Schmidt as a little unhinged. When asked if he was at all responsible for what had happened to Mr. Danian and Mr. Abdul-Rashed, Mr. Mellow looked genuinely confused.

☆ I Spent The Night In A Homeless Shelter—Here's What It Was Like
▼ + stars: | 2012-01-17 | by ( Robert Johnson | ) www.businessinsider.com time to read: +13 min

Last week, I registered at a shelter in Atlantic City and spent the night in a jam-packed room with more than 100 other men. His name was Pastor Gregory. If I stayed out of trouble, Pastor Gregory said, I could stay, more or less, indefinitely. Advertisement“Are you hungry?” Pastor Gregory asked me when we were done. AdvertisementAfter Pastor Gregory saw me drying off, he disappeared and I was on my own.

Persons: Robert Johnson —, I've, I'm, Bill Southrey, he’s, “, Pastor Gregory, Pastor Gregory said, Southrey, Gregory, ” Pastor Gregory, ”, I’ll, you’re, Greg, Granny Smith, Ralph Lauren, ” Southrey Organizations: Atlantic, Rescue, Atlantic City, Navy Locations: Atlantic City, New York, Atlantic, paychecks, Latina, New Jersey

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