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☆ He had strict instructions from the groom: ‘Stay away from the bridesmaid.’ Here’s what happened next
▼ + stars: | 2024-05-17 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

CNN —Ariff Hassan arrived at the wedding under strict instructions: “Stay away from the bridesmaid.”It was August 2018. “Listen,” said Ariff’s friend. But Ariff’s friend’s warning was ringing round his head. Because Liliya was – of course, inevitably – the bridesmaid Ariff had been warned to stay away from. Ariff Hassan and Liliya DauletaliyevaLiliya and Ariff Kazakhstan wedding celebration incorporated a number of Kazakh traditions.

Persons: CNN — Ariff Hassan, “, Ariff, They’d, “ I’d, ‘ I’ve, ”, Ariff’s, –, Liliya Dauletaliyeva, Lili, Liliya, ” Ariff, Ariff Hassan, She’d, she’d, fiancé, who’d, ” Liliya, He’d, “ I’m, ’, ’ ”, he’d “, ’ ” Ariff, ’ ” Liliya, – she’d, he’d, ‘, that’s, they’re, hadn’t, Ariff shrugged, – Ariff, he’s, you’ve, “ It’s Organizations: CNN, Kazakhstan –, Kuala Lumpur –, CNN Travel, Facebook, Liliya, Malaysian, University of Oxford, Oxford Locations: Singapore, Kazakhstan, Malaysia, Kuala Lumpur, Kazakhstan’s, Almaty, Uzbekistan, Turkmenistan, Liliya, Kazakh, Astana, Iceland, Cappadocia, Turkey, Bangkok, London, ’, Angkor Wat, Cambodia

☆ In Beijing, Xi and Putin left no question of their close alignment in a divided world
▼ + stars: | 2024-05-17 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Putin’s two-day state visit comes as Western leaders have leant on Xi to ensure that soaring exports from his country aren’t propping up the Russian war effort – a claim Beijing denies. Putin also traveled to Beijing with top security officials who the Russian president said Thursday would join informal talks on Ukraine. Beijing, which says it is neutral on the war, has repeatedly defended its trade with Russia as part of normal bilateral relations. Xi, analysts say, is seeking to keep Putin as a close partner, while not stepping over Western red lines. For that reason, she added, “he’s okay with on-going dependency between Russia and China – and with inequality in this relationship.”

Persons: Xi Jinping, Vladimir Putin’s, Xi, Putin, Putin’s, Andrey Belousov, Sergey Shoigu, “ Putin, he’s, Kurt Volker, “, ”, Alexandra Prokopenko Organizations: Hong Kong CNN, United, –, Israel, Hamas, Russian, Russian Security, Chinese Communist Party, Chinese Foreign Ministry, Observers, CNN, Carnegie Russia Eurasia Center Locations: Hong Kong, Beijing, United States, Taiwan, Gaza, Russian, China, ”, Russia, North Korea, Ukraine, China’s Harbin, Siberia, Europe

☆ Democrats: College campus protests highlight tensions in Biden’s coalition
▼ + stars: | 2024-04-30 | by ( Gregory Krieg | ) edition.cnn.com time to read: +20 min

Joseph Prezioso/AFP/Getty Images Pro-Palestinian protesters confront a Texas state trooper at the University of Texas in Austin on Monday, April 29. Brandon Bell/Getty Images Protesters link arms at Emerson College in Boston on April 24. Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.

Persons: Joe Biden’s, Donald Trump, Alex Kent, Biden, Andrew Bates, “, Chuck Schumer, –, Hind Rajab, Mike Johnson, ” Johnson, Trump, Benjamin Netanyahu’s, Mike Lawler, Israel –, Jared Moskowitz, Vermont Sen, Bernie Sanders, ” Moskowitz, Sanders, “ Bernie, Alexandria Ocasio, Cortez, “ Sen, Sanders ’, ” Ocasio, tikkun, ”, Ocasio, Joseph Prezioso, Suzanne Cordeiro, Cliff Owen, Qian Weizhong, David Dee Delgado, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Kena Betancur, Josh Gottheimer, Dan Goldman, Richard Nixon, Netanyahu’s, Elizabeth Warren of, Bernie, ’, Warren, ‘, Netanyahu, Israel, ” Sanders –, Sanders –, Democratic Sen, Chris Murphy of, who’s, ” Murphy, Elise Stefanik, ” Stefanik, CNN’s Donald Judd, Kevin Liptak, Annie Grayer Organizations: CNN, Israel Democrats, Capitol, Columbia University, Hamilton Hall, Getty, New York Democrat, College Democrats, America, Columbia, Republicans, Democrats, GOP, Jewish Democrats, Israeli, GOP Rep, Democratic, Florida, New York Rep, Hamilton, Columbia Students, Justice, Brown University, University of Texas, George Washington University, AP, University of California, UCLA, Getty Images, New York University, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, USA, Network, Reuters, Austin, University, Emerson College, Swarthmore College, Bloomberg, Getty Images Police, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, New York Police Department, Occupy, Hamas, Democratic Party, Biden, White, International Court of Justice, Sunday, Fox News, New York, Republican Locations: Gaza, New York City, Columbia, Palestinian, ”, Gaza City, Palestine, New York, Vermont, Alexandria, Israel, Cortez, Providence , Rhode Island, AFP, Texas, Austin, Washington ,, Los Angeles, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, New Jersey, Washington, Elizabeth Warren of Massachusetts, “ State, Chris Murphy of Connecticut

☆ Domestic Politics Drive Divisions Between Biden and Netanyahu
▼ + stars: | 2024-03-26 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: +5 min

Relations between President Biden and Prime Minister Benjamin Netanyahu of Israel appear to have sunk to a new low, with both men pressed hard by domestic politics and looming elections. Mr. Netanyahu, however, allowed his defense minister, Yoav Gallant, to remain in Washington for talks. In a recent interview, Mr. Ben-Gvir, the national security minister, accused Mr. Biden of tacitly supporting Israel’s enemies. Mr. Biden called it “a good speech” without endorsing the call for new elections. But Mr. Biden is far more popular in Israel than Mr. Obama was and a serious break with Washington would deeply undermine Israel’s security and its future.

Persons: Biden, Benjamin Netanyahu, Israel, Mr, Netanyahu, Yoav Gallant, Itamar Ben, Gvir, Bezalel Smotrich, Nadav, Ben, ”, Yahya Sinwar, “, ” Mr, Biden “, Smotrich, Chuck Schumer, Washington, Barack Obama, Bill Clinton —, Obama, Aaron Boxerman Organizations: Security, West Bank, Mr, Palestinian, U.S . Congress, Israel, United, Washington Locations: Gaza, United States, Washington, Rafah, Israel, New York

Biden made it clear he respected the role of a free press in a democracy and did not berate reporters in White House press conferences, nor did his administration suspend journalists’ credentials, as his predecessor’s did. But as the press has focused recently on Biden's age and memory, the president and his campaign team have become more confrontational. When Doocey asked how "bad" Biden's memory was, the president said, "My memory is so bad I let you speak." Kristi Noem on the air, "seconds after trying to criticize President Biden’s memory." But the pushback may not work the way the White House hopes.

Persons: Joe Biden, Donald Trump, Biden, –, Peter Doocey, Doocey, Kamala Harris, hadn’t, Jesse Watters misidentifying, Kristi Noem, Helmut Kohl, David Clementson, Clementson, Ronald Reagan, “ that's, it's, Biden doesn't, Frank Sesno, Sesno, it's Donald Trump, Didn't Organizations: White, White House, NBC, Fox News, Biden, NATO, New York Times, South Dakota Gov, University of Georgia, Democratic opponent's, George Washington University Alliance, Trump Locations: White House, China, Russia, South, Europe

What It Took Young People in China to Get Their Jobs Not long ago, China’s economy was the envy of the world. We spoke to five young Chinese about what it took to find their jobs amid such uncertainty. Now, those boom years are fading, as are many young people’s hopes — with unpredictable consequences for China and the world. Ethan Yi, Class of 2022Qilai Shen for The New York TimesLooking back, Ethan Yi thinks he had been a little entitled, or at least naive. “I think it’s not good for young people to be too comfortable,” she said.

Persons: ”, hesitating, —, people’s, Nadia Yang, Fiona Qin, Qilai Shen, Ethan Yi, Yi, “, Phoebe Liu, Gilles Sabrié, Liu, ” Tsuki Jin, The New York Times Tsuki Jin, Jin, Ms Organizations: The New York Times Locations: China, Beijing, Shanghai

“Just trying to make the play,” Seager said. YOUNG AND CLEAN(UP)Texas' Evan Carter became the fourth-youngest player to hit cleanup in a World Series game at 21 years, 62 days. BEEN A WHILEThis was the first World Series game played at Chase Field since Nov. 4, 2001, when the Diamondbacks beat the Yankees 3-2 in Game 7 after Luis Gonzalez's walk-off hit against Mariano Rivera clinched the series. The D-backs lost Monday for the first time in the World Series at Chase Field. BIG SWINGThere have been 62 previous instances in World Series history when the series was tied at 1-1 after Game 2.

Persons: — Corey Seager, Max Scherzer, Scherzer, Adolis, “ We’re, ” Seager, “, Seager —, —, Brandon Pfaadt, Christian Walker, García, Jon Gray, Josh Sborz, Aroldis Chapman, José Leclerc, ”, Marcus Semien, “ Adolis, haven’t, ” Gray, Leclerc, Gray, Emmanuel Rivera, Chapman, Geraldo Perdomo, Corbin Carroll, Seager, Ketel, Marcus, Walker, Pfaadt, Tommy Pham, Tony Perezchica, Torey Lovullo, Alek Thomas, Josh Jung, Thomas, he'll, Evan Carter, Bruce Bochy, Carter, Miguel Cabrera, Ty Cobb, Juan Soto, Luis Gonzalez's, Mariano Rivera, Lovullo, “ Don Drysdale, “ It’s, ” Drysdale, of Famer Sandy Koufax, Bochy, ___ Organizations: PHOENIX, Texas Rangers, Arizona Diamondbacks, Chase, Diamondbacks, Chase Field, Ketel Marte, Rangers, Yankees, NEXT, Los Angeles Dodgers, of Famer, Dodgers Locations: Texas, Arizona, ” Texas, Semien, Southern California

☆ Tesla to top $9 bln spending target this year as it rolls out new models
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. The company's spending is, however, expected to return to the $7 billion and $9 billion range in the next two years, a regulatory filing showed. He warned that rising interest rates could impact demand at Tesla, on top of a margin-sapping price war this year to maintain sales. Tesla shareholders -- including Gary Black, managing partner of The Future Fund, which owns Tesla stock -- have been calling for the automaker to advertise, saying that price cuts have only had a limited impact on demand. Reporting by Aditya Soni and Juby Babu; Editing by Maju Samuel and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Tesla, Elon Musk, Musk, Gary Black, Aditya Soni, Juby Babu, Maju Samuel, Savio D'Souza Organizations: Tesla, REUTERS, Fund, Thomson Locations: Taipei, Taiwan, Mexico

REUTERS/Mike Blake/File Photo Acquire Licensing RightsOct 23 (Reuters) - The U.S. Justice Department has sought documents and issued subpoenas to Tesla (TSLA.O) as it scrutinizes the automaker's driver assistance system Autopilot and vehicle driving range, among other issues, the company said on Monday. Tesla said in a regulatory filing it has received requests for information "including subpoenas, from the DOJ. These have included requests for documents related to Tesla’s Autopilot and FSD features" and other requests "associated with personal benefits, related parties, vehicle range and personnel decisions." Reuters reported in October 2022 that Tesla was under a Justice Department criminal investigation over claims the company's electric vehicles can drive themselves, citing people familiar with the matter. The company's spending is, however, expected to return to the $7 billion to $9 billion range in the next two years, a regulatory filing showed.

Persons: Mike Blake, Tesla, Elon Musk, Musk, Aditya Soni, Juby Babu, David Shepardson, Maju Samuel, Savio D'Souza, Jonathan Oatis Organizations: Tesla, Beta, REUTERS, U.S . Justice Department, DOJ, Reuters, Justice Department, Street, Chief, Traffic, Administration, Thomson Locations: Encinitas , California, U.S, Mexico

☆ Mexico says Tesla factory still coming, vows infrastructure spending
▼ + stars: | 2023-10-19 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +3 min

A view shows the urban area of the municipality of Santa Catarina near the land where Tesla has indicated it could build a new gigafactory, in Santa Catarina, on the outskirts of Monterrey, Mexico February 28, 2023. Tesla announced the planned factory in the northern Mexican state in March, without providing a timeline for construction. After a fraught process for Tesla to confirm its Mexico plans, investors are closely watching the automaker's next steps in the country. Santa Catarina's Mayor, Jesus Nava, said local officials were beginning to improve infrastructure in the area where Tesla is set to build the factory. Musk on Wednesday said the company was "laying the groundwork to begin construction" in Mexico but did not yet have more definite plans.

Persons: Tesla, Daniel Becerril, Elon Musk, Musk, Jesus Nava, Jay Truesdale, Samuel Garcia, Daina Beth Solomon, Jamie Freed Organizations: REUTERS, MEXICO CITY, Mexico's, Santa Catarina's Mayor, Tesla, Nuevo Leon, Shanghai, Thomson Locations: Santa Catarina, Monterrey, Mexico, MEXICO, Leon, Mexican, Asia, United States, Santa

"If interest rates remain high ... it's that much harder for people to buy the car. The price of the popular Model Y SUV was "almost unchanged" for consumers even after Tesla's price cuts, Musk said, accounting for higher financing costs. Reuters GraphicsPRICE CUTSTesla's aggressive price cuts this year have battered its gross margin even as it faces stiff competition in China from local automakers. Still, it stuck to its annual production target of 1.8 million cars, a sign that the price cuts were buoying demand to an extent. In the second quarter, Tesla had posted a gross margin of 18.2%.

Persons: Matthew Childs, Elon Musk, Musk, Tesla, Jesse Cohen, Akash Sriram, Hyunjoo Jin, Joe White, Abhirup Roy, Sayantani Ghosh, Sriraj Kaluvilla, Deepa Babington, Jamie Freed Organizations: REUTERS, General Motors, Chrysler, Reuters, Visible Alpha, Revenue, Thomson Locations: London, Britain, Mexico, Nuevo Leon, China, Bengaluru, Hyunjoo, San Francisco, Detroit

☆ Morning Bid: Fed leaves shoe dangling in policy parade
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +5 min

At least eight major central banks are meeting on Thursday. Central banks in South Africa and Turkey are also meeting. Futures now show the implied Fed policy rate for the end of next year at a new cycle high of 4.85% - up a whopping 35 basis points in just over a week. Key developments that should provide more direction to U.S. markets later on Thursday:* Bank of England policy decision; South Africa Reserve Bank policy decision, Central Bank of Turkey policy decision. European Central Bank President Christine Lagarde speaks* Philadelphia Fed's September business survey, U.S. weekly jobless claims, U.S. Aug existing home sales, U.S. Q2 current account estimate.

Persons: Sarah Silbiger, Mike Dolan, Jerome Powell, Goldman Sachs, Goldman, Jan Hatzius, Robin Brooks, Brooks, BoE, Christine Lagarde, Darden, Christina Fincher Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Swiss National Bank, Bank of, Fed, for International Finance, Treasury, Swiss, Africa Reserve Bank, Central Bank of, European Central Bank, Factset, Reuters, Thomson Locations: Washington ,, U.S, Norwegian, Bank of England, South Africa, Turkey, Central Bank of Turkey, Philadelphia

☆ What are boundaries, exactly? And how do you set and enforce them?
▼ + stars: | 2023-09-12 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +9 min

That can mean setting boundaries with your partner about your needs when it comes to personal space, or preserving your relationship with a parent you are close with by setting boundaries on what you expect around your children. Parts of your life you avoid might point to places that need boundaries, Orange said. Tom Grill/Tetra images RF/Getty ImagesIdentifying your boundariesBefore you can set a boundary, you need to know what your boundaries are. She also likes to have her clients look at what they are avoiding, because that may often point to a place where boundaries need to be set. You are setting boundaries to protect your needs, not to control someone else’s behavior, she said.

Persons: ”, Deborah Ashway, Nedra Glover Tawwab, Chloe Carmichael, “ It’s, It’s, Orange, “, ‘, Tom Grill, Tawwab, Let’s, ” Tawwab, we’re, Carmichael, Ashway, ’, don’t, ’ ” Tawwab Organizations: CNN, Getty Locations: New Bern , North Carolina, Utah, Charlotte , North Carolina, New York, Orange

☆ How Florida law could trip up Trump if he’s convicted before the 2024 election
▼ + stars: | 2023-08-29 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +14 min

Meade is executive director of the Florida Rights Restoration Coalition, which works to restore voting rights in the state to former felons. Amendment 4 automatically restored voting rights to former felons, except those convicted of murder or sexual offenses, who have completed their sentences. Initially, organizers projected that Amendment 4 would restore voting rights to about 1.4 million Floridians, but as a result of these new hurdles only a little over 600,000 have actually regained their voting rights, Meade said. Even after Amendment 4, felons are required to have completed their sentence before recovering their voting rights in Florida, as in virtually all other states. Intervening to restore those rights to Trump, if he’s convicted of a felony before the election, would represent a stark departure from the clemency board’s typical procedures.

Persons: Desmond Meade, Meade, Ron DeSantis, DeSantis, Donald Trump, he’s, ” Meade, Trump, ”, Insha Rahman, Neil Volz, DeSantis –, Mark Schlakman, Lawton Chiles, Republican Sen, Rick Scott, Schlakman, hasn’t, there’s, “, Vera Institute’s Rahman, Ian Bassin Organizations: CNN, Restoration Coalition, Florida, Republican, GOP, Trump, Vera Institute of Justice, Florida State University, Florida Gov, District of Columbia, National Conference of State Legislatures, State, Florida State University Center, Advancement of Human, DeSantis, Republicans, Protect Democracy Locations: Florida, Maine, Vermont, ”

☆ Ads on buses at the NATO summit are shaming delegates for not giving F-16s to Ukraine
▼ + stars: | 2023-07-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

NATO members have hesitated in providing Ukraine with all the weapons its requested. Buses carrying delegates to and from the conference venue showed the slogan "while you are waiting for this bus, Ukraine is waiting to become a NATO member," reported CNN, in a reference to NATO members hesitating in admitting Ukraine to the alliance. Other pictures showed buses with the message "while you were waiting for this bus, Ukraine is waiting for F-16s," referring to the US fighter jets Ukraine has long requested. NATO member states have committed to training Ukrainian pilots with the jets, but have not committed to providing any actual planes. NATO members have sought to project an image of unity and defiance at the summit in response to Russia's unprovoked invasion of Ukraine.

Persons: hesitating, Volodymyr Zelenskyy, Ukraine's Organizations: NATO, Service, CNN, Ukraine's Pravda, Soviet Union, EU Locations: Vilnius, Ukraine, Wall, Silicon, Lithuanian, Russia, Lithuania, Soviet, Europe

☆ Skanska CEO: It's been a weak quarter for residential developments
▼ + stars: | 2023-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSkanska CEO: It's been a weak quarter for residential developmentsAnders Danielsson, CEO of Skanska, says buyers are "hesitating a lot."

☆ Inside the 5-hour psychological interview that can make or break your career at Citadel, Blackstone, and other finance titans
▼ + stars: | 2023-04-10 | by ( Emmalyse Brownstein | Alex Morrell | ) www.businessinsider.com time to read: +16 min

ghSmartThe company's unusual but rigorous approach to screening job candidates has won it the trust of some of the finance industry's most competitive and coveted workplaces, as well as other blue-chip corporations. "That became the kernel for ghSmart," Smart recounted in a podcast interview. That means the ghSmart interview isn't something you can necessarily prepare for in the same way you might, for example, read up on certain stocks or industry trends. The company's team of psychologists spends hours drilling into each candidate's job and life experiences. Unlike some executive-search firms, ghSmart disconnects its fee from whether it fills the role.

☆ Vietnam may resist diplomatic upgrade with Washington as U.S.-China tensions simmer
▼ + stars: | 2023-03-23 | by ( Francesco Guarascio | Thomson Reuters | Francesco Leads A Team Of Reporters In Vietnam That Covers Top Financial | ) www.reuters.com time to read: +3 min

The United States is hoping for an upgrade in the relations this year, ideally to coincide with the 10th anniversary in July of its comprehensive partnership with Vietnam. The United States is a major investor in Vietnam and the largest ever U.S. business mission visited the country this week. Though it is Vietnam's biggest export market, it is currently ranked as a third-tier diplomatic partner for Hanoi. A formal ties upgrade this year "is not considered realistic anymore," said Florian Feyerabend, the representative in Vietnam for Germany's Konrad Adenauer Foundation. Le Hong Hiep, a Senior Fellow at Singapore's ISEAS–Yusof Ishak Institute, said there was no doubt Vietnam wants to upgrade ties with Washington, but it was unlikely to agree to that this year.

☆ Morning Bid: Leaning back to Fed hike, UK inflation jolt
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +5 min

Two weeks of U.S. and European banking stress and failures leaves the Federal Reserve and other major central banks in the unenviable position of choosing between stabilising financial systems and fighting still historically high inflation. On top of that, the latest quarterly economic projections from Fed policymakers may reveal a big dispersion of views. Beyond the Fed, the dire UK inflation reading seems to have solidified expectations of another BoE rate rise on Thursday and a further move later in the year. If nothing else, it underlines in red ink just how all central banks are totally dependent now on incoming data evidence on what's happening in the real economy. With the U.S. dollar lower across the board ahead of the Fed meeting, sterling hit its highest level since early February.

☆ Asia hopes for best on banks, much rests with Fed
▼ + stars: | 2023-03-22 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

Efforts by U.S. Treasury Secretary Janet Yellen to calm nerves seemed to be working with bank shares rallying overnight. The unease left both S&P 500 futures and Nasdaq futures barely changed. EUROSTOXX 50 futures edged up 0.2%, while FTSE futures rose 0.1%. All of which puts the Fed in a tough position as it decides whether to raise interest rates later today. Two-year Treasury yields were hesitating at 4.13%, having made a remarkable round-trip from 5.085% to 3.635% in just nine sessions.

☆ Asia shares hope for best as Fed decides on rates
▼ + stars: | 2023-03-22 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

Efforts by U.S. Treasury Secretary Janet Yellen to calm nerves seemed to be working with bank shares rallying overnight. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) added 0.9%, with Chinese blue chips (.CSI300) up 0.3%. All of which puts the Fed in a tough position as it decides whether to raise interest rates later today. Two-year Treasury yields were hesitating at 4.14%, having made a remarkable round-trip from 5.085% to 3.635% in just nine sessions. German two-year yields overnight recording the biggest daily jump since 2008 as markets went back to pricing in more ECB hikes.

☆ Saudi National Bank not looking at international opportunities
▼ + stars: | 2023-03-15 | by ( Rachna Uppal | ) www.reuters.com time to read: +2 min

RIYADH, March 15 (Reuters) - The chair of Saudi National Bank (SNB) (1180.SE), the kingdom's biggest lender, which last year acquired a stake of almost 10% in Credit Suisse (CSGN.S), said on Wednesday the bank was not considering any specific international opportunities. SNB Chair Ammar Al Khudairy said the bank is instead focused on growing its business in Saudi Arabia. "As of today we are not looking at specific opportunities," Al Khudairy told Reuters in an interview on the sidelines of the Financial Sector Conference in the Saudi capital. "If anything, in the last 12 months, the Saudi market is one of the most exciting markets. Al Khudairy said the bank wants to increase its retail coverage in Saudi Arabia and deploy capital across the country in both the private sector and the government-led gigaprojects underway.

[1/11] Protesters take part in a demonstration against the French government's pension reform plan, as part of the eighth day of national strike and protests, in Ancenis-Saint-Gereon, France, March 15, 2023. The pension bill passed to a joint parliamentary committee on Wednesday where lawmakers from the lower and upper chambers are seeking a compromise text. If a deal is reached, a final vote in both the Senate and National Assembly will be held on Thursday. This new day of protests "is meant to tell lawmakers: don't vote this reform," he said. "In the National Assembly, there will not be an easy vote, nor will there be panic," government spokesman Olivier Veran told Europe 1 radio station.

☆ Macron seeks French pension reform support as strikes run on
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +3 min

PARIS, March 13 (Reuters) - Strikes blocking fuel deliveries from French refineries ran into a sixth day on Monday, piling further pressure on President Emmanuel Macron as he races to shore up support for unpopular pension reforms in a final parliamentary vote. The last and crucial moment would then be a final vote, Thursday, both in the Senate and in the National Assembly. [1/3] A view shows the French oil giant TotalEnergies refinery in Donges near Saint-Nazaire, France, March 10, 2023. REUTERS/Stephane Mahe 1 2 3Macron's party needs the support of Les Republicains in the National Assembly to ensure the bill is approved. Veran also echoed Prime Minister Elisabeth Borne, who has said she preferred a vote rather than using the 49:3 procedure, which refers to the related article in the French constitution.

☆ Pressure Mounts on CIOs to Build More AI Apps (and Faster)
▼ + stars: | 2023-02-16 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +5 min

Magesh Sarma, chief information and strategy officer for AmeriSave Mortgage Corp., said his team has been inundated with requests to build AI apps aimed at tackling various cost issues. But the AI team, which consists of 76 employees, has been one of the least affected because of its business value. Ms. Anderson has a system for evaluating the priority level of different possible machine-learning projects that come to her department via a request pipeline, she said. Photo: ERIC GAILLARD/REUTERSOne area she hasn’t been able to fully tackle is machine-learning algorithms to help with customer retention. “With AI, it’s an incremental sort of approach.”Adding to the pressure is the exploding popularity of ChatGPT and other generative AI applications.

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