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☆ Check out the pitch deck productivity startup Read AI used to land $21 million to fuel its meeting-summary generator
▼ + stars: | 2024-04-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The startup, Read AI, closed a $21 million Series A funding round in April. Goodwater Capital led the round, with participation from existing investor Madrona Venture Group, which led the startup's $10 million seed round in 2021. David Shin, who co-founded Read AI alongside Robert Williams and Elliott Waldron, told Business Insider that the generative AI boom over the last year has supercharged what the startup can offer clients. Read AI offers multiple pricing plans, including a basic, free version for individual users as well as enterprise and enterprise plus accounts that cost $22.50 and $29.75 a month per user, respectively. Check out the 23-slide presentation Read AI used to raise $21 million in Series A funding.

Persons: David Shin, Robert Williams, Elliott Waldron, Read Organizations: Goodwater Capital, Madrona Venture Group, Business, Microsoft, Google, Read, Bloomberg Locations: Seattle

☆ China’s Xi calls for stronger ‘strategic coordination’ with Russia in Lunar New Year call with Putin
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Xi told Putin the two sides should “strengthen strategic coordination” and “safeguard the national sovereignty, security and development interests of their respective countries,” according to a readout from China’s Foreign Ministry. Looking to the future, China-Russia relations face new development opportunities,” Xi told Putin during their call. “Vladimir Putin and Xi Jinping specifically stressed that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin readout said. Thursday’s phone conversation between Xi and Putin took place as the two countries celebrate 75 years of diplomatic relations this year. Last year, Xi made his symbolically significant first foreign trip of his third term as president to Moscow last March.

Persons: Xi Jinping, Vladimir Putin, Xi, Putin, “, ” Xi, ’, ”, “ Vladimir Putin, Tucker Carlson, ” Putin, Carlson Organizations: Hong Kong CNN, Russia, Foreign Ministry, United Nations, Shanghai Cooperation Organization, SCO Locations: China, Hong Kong, United States, Western, Ukraine, Russia, Kremlin, “, Israel, Gaza, ” Beijing, Beijing, Moscow, United

☆ Eli Lilly's Zepbound is off to a strong start, but here's what needs to happen to push shares higher
▼ + stars: | 2024-01-24 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +8 min

Lilly's Mounjaro and Zepbound both use tirzepatide as an active ingredient, but Mounjaro is indicated for type 2 diabetes, while Zepbound aids weight loss. A rich valuation LLY 1Y mountain Eli Lilly shares over the past year. But even good news about Zepbound's launch might not be enough to propel Lilly's stock higher. Goldman's Shibutani has a neutral rating on Lilly shares and a price targe of $600, which implies shares could fall nearly 5% from they started the week. He has a buy rating on Lilly shares, and expects the stock could hit $700 over the next 12 months.

Persons: Eli Lilly's, Lilly, Goldman Sachs, Chris Shibutani, IQVIA, Shibutani, Lilly's, Mounjaro, Eli Lilly, Geoff Meacham, NASH, Meacham, there's, Morgan Stanley, Terence Flynn, Flynn, Morgan Stanley's, Michael Bloom Organizations: Food and Drug Administration, Zepbound, Novo Nordisk's, Medicare, Bank of America, Novo Nordisk, Bank of, FDA, CNBC Locations: Indianapolis, Mounjaro

☆ Biden downplays his disagreement with Netanyahu over possibility of a postwar Palestinian state
▼ + stars: | 2024-01-19 | by ( Kevin Liptak | Mj Lee | ) edition.cnn.com time to read: +7 min

“I’ll let you know when I get him to agree,” Biden told reporters. Biden suggested to reporters Friday that one solution would be the creation of a Palestinian state without its own military. “I think there’s ways in which this could work.”Biden raised the imperative of an eventual Palestinian state with Netanyahu during their telephone call earlier in the day. The administration simply did not believe that publicly shaming Netanyahu and his government, and their war decisions, would be constructive. On Friday, senior administration officials sought to downplay Netanyahu’s most recent rejection of the idea of a Palestinian state, insisting he had said as much publicly in the past.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, “ I’ll, ” Biden, Antony Blinken, —, “, won’t, ”, Biden “, we’re, John Kirby, Gadi Eisenkot, ” Eisenkot, – Israel, shaming Netanyahu, Kirby, “ We’re, We’ve, ” Kirby Organizations: Washington CNN, American, UN, National Security, Hamas, Channel, United, US Locations: Gaza, Israel, Palestinian, Jordan, Tel Aviv, White, United States

☆ Keep buying this GLP-1 juggernaut that's already up nearly 50% this year, TD Cowen says
▼ + stars: | 2023-12-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Novo Nordisk is blessed with an extremely promising growth outlook, according to TD Cowen. NVO YTD mountain Novo Nordisk YTD chart Novo Nordisk is one of the largest makers of glucagon-like peptide 1 drugs used to treat both diabetes and obesity. "The company's merits have been widely recognized, and its shares have outperformed, but we believe there is more gas in the tank," the TD Cowen analyst wrote. For one, the analyst expects Novo's strong revenue and earnings growth to outpace its peers, especially as the company benefits from global GLP-1 supply constraints. "We are optimistic for favorable outcomes on all fronts," the analyst wrote.

Persons: TD Cowen, Michael Nedelcovych's, Cowen, Nedelcovych, Novo's, NASH, — CNBC's Michael Bloom Organizations: Novo Nordisk, Nordisk, Novo, European Union Locations: Danish, Novo

☆ Friday's analyst calls: Big drug stock upgrade, Alibaba downgrade, a new AI play
▼ + stars: | 2023-12-01 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The analyst lowered her price target to $99 from $106 per share. The new price target implies just a 5% gain from Thursday's close. The analyst's $115 price target, hiked from $70 previously, implies 43% upside from where the stock closed Thursday, at $80.36. ET: Morgan Stanley downgrades Alibaba Morgan Stanley cut Alibaba to equal-weight from overweight and lowered the firm's price target to $90 from $110. The analyst's $190 price target implies shares can rise just 2.6% from where they closed Thursday.

Persons: JPMorgan downgrades, Jessica Fye, Fye, Sarah Min, Wells Fargo, Andrew Nowinski, GenAI, Nowinski, FactSet, — Sarah Min, Morgan Stanley downgrades Alibaba Morgan Stanley, Alibaba, Morgan Stanley, PDD, John Melloy, Jason Bazinet, Bazinet, Johnson, Danielle Antalffy, Antalffy, Robert Ohmes, — John Melloy Organizations: CNBC, Spotify, JPMorgan, Investors, U.S, PDD Holdings, Citi, UBS, Johnson, Pharma, Bank of America, of America, Costco Locations: BioNTech, Thursday's, Wells Fargo, China, Darzalex, DARZALEX

☆ Morning Bid: Inflation on the ropes, shutdown averted
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. Much like then, the sheer scale of the yield swoon has stoked bond volatility gauges (.MOVE) too. What's more, a quarter point rate cut by May is now 80% priced and 100bps of easing through 2024 is now baked in. U.S. corporate news stays on retail later as Target reports earnings, following a beat by Home Depot on Tuesday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Xi Jinping's, Joe Biden, Russell, Austan Goolsbee, Berkshire Hathaway, Warren Buffett, Michael Barr, Thomas Barkin, Jonathan Haskel, Xi Jinping, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Wall, Chicago Fed, Bank of America, Home Depot, Berkshire, General Motors, Procter, Gamble, Richmond Fed, Bank of England, APEC, Cisco Systems, Palo Alto Networks, Reuters, NFIB, Reuters Graphics Reuters, Thomson Locations: New York City, U.S, Wall, UK's, York, San Francisco

During his news conference following the summit, Biden summed up his approach to the Chinese leader. Xi at one point called on the United States to “not scheme to suppress or contain China,” Chinese state media reported. In the talks, Biden made clear to Xi that he viewed Hamas as separate from the Palestinians. As host of the meeting, Biden walked out of the building first to welcome Xi. Speaking after Biden, Xi offered starker view of US-China ties.

Persons: Joe Biden, Xi Jinping, Biden, Xi, “, ”, “ That’s, ” Biden, Antony Blinken, Jake Sullivan, Defense Lloyd Austin, we’ve, – Biden, Xi’s, readouts, ” Xi, I’ve, I’m, That’s, Wang Yi, they’d, Sullivan, Wang, Janet Yellen, Gina Raimondo, John Kerry, –, Nikki Haley Organizations: California CNN, Biden, Defense, US, Xinhua, Hamas, Marine, China’s, American, South, Republicans Locations: Woodside, California, China, Washington, Beijing, United States, “, Taiwan, San Francisco, Israel, Iran, East, Europe, Blinken, South Carolina

Tuesday started with Nvidia getting more praise from one analyst, and a battery stock downgrade. She has a price target of $40 on shares, which suggests 20.3% upside potential from where shares closed on Monday. The firm initiated the stock with a buy rating and $125 price target, which suggests 7% upside from Monday's close. "3Q brings a narrative change in FREY's outlook with new risks to tech, strategy and funding that's been appropriately discounted by the stock market. He also slashed his price target to $2 from $13, which suggests 14.3% upside from Monday's close.

Persons: Tuesday, Morgan Stanley, Freyr, Paul Matteis, Matteis, Vistagen, — Hakyung Kim, BeautyHealth, Allen Gong, Gong, Benjamin Soff, Soff, Bernstein, Kraft Heinz, Alexia Howard, Howard, Miguel Patricio, Roth, Suji Desilva, Desilva, Morgan Stanley downgrades Freyr Battery Morgan Stanley isn't, that's, FREY, Adam Jonas, Jonas, Vivek Arya, — Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Therapeutics Biotechnology, Vistagen Therapeutics, JPMorgan, Deutsche Bank, Rockstar, Kraft, Kraft Heinz, AMD, Investment, Freyr's, Nvidia Bank of America Locations: U.S, Monday's, Freyr's Norwegian

☆ Morning Bid: Sidestepping Moody's rating twist
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. It's the last of the three major rating agencies to maintain a top rating for the U.S. Treasury as Fitch lowered its rating in August and S&P removed its AAA in 2011. On one level, there's some relief the AAA rating was maintained despite the darker outlook. And that would at least keep the Federal Reserve at bay despite its warnings last week that another rate hike was still on the table. Line chart with data from LSEG Eikon show the U.S. consumer price index inflation, core CPI inflation and federal funds target rate from Jan. 2019 to Sep. 2023.

Persons: Brendan McDermid, Mike Dolan, Fitch, William Foster, Mike Johnson, China's, Joe Biden, Xi Jinping, Suella Braverman, David Cameron, Lisa Cook, Bank of England policymaker Catherine Mann, Tyson, Henry Schein Organizations: New York Stock Exchange, REUTERS, U.S . Treasury, AAA, Reuters, . House, Republican, Treasury, Federal Reserve, Tyson Foods, Walmart, Bank of England, Moody's, U.S . AAA, Thomson Locations: New York City, U.S, Wall St, San Francisco, New York

☆ China has a sweeping vision to reshape the world — and countries are listening
▼ + stars: | 2023-11-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +23 min

All this coincides with longstanding calls from countries across the developing world for an international system where they have more say. Beijing, he added, sees the US as merely “paying lip service” to the “liberal order” to hurt other countries. Sergei Savostyanov/Sputnik/ReutersIn recent years, even some countries that have for decades embraced a close partnership with the US have drawn closer to China and its vision. “Is China really trying to promote multipolarity — or does China just want to (become a) substitute (for) US influence over the world?” he asked. They also raise questions about how a more militarily and economically powerful China would behave globally, if left unchecked.

Persons: Xi Jinping, —, Xi, Vladimir Putin, General Antonio Guterres, ” Xi, , Shen Hong, they’d, ”, Yun Sun, liberalize, Sanjit Das, Shen Dingli, ‘, ’ ”, Russia’s Putin, Bashar al, Assad —, Assad’s, Sergei Savostyanov, Ali Sarwar Naqvi, “ We’ve, James Marape, ’, Rubens Duarte, Li Zhiquan, “, Tong Zhao, Zhao, Ted Aljibe, Luiz Inácio Lula da Silva, Zhang Youxia, Beijing’s, Gilberto Teodoro Jr, BRICS, Weeks, Joe Biden, Sergio Lima, ” — Organizations: Hong Kong CNN, United Nations, Forum, China, Communist, CNN, Beijing, Washington, Getty, Stimson, Bank, World Trade Organization, . Riot, Bloomberg, Initiative, Asian, Global, Sputnik, Reuters, Center for International Strategic Studies, Papua New Guinea, multipolarity, China News Service, Carnegie Endowment, International Peace, Global Security Initiative, NATO, Russia, Philippine Defense, Shanghai Cooperation Organization, United, New, Seven, Ministry, Global Security, Group, UN, Communist Party Locations: China, Hong Kong, Beijing, United States, Ukraine, Gaza, Russian, Xinhua, Washington, South, Taiwan, Tibet, Xinjiang, America, Shanghai, West, Hangzhou, Israel, Pakistan, Pakistani, Islamabad, Papua New, Brazil, Indonesia, Europe, Asia, Scarborough, South China, AFP, Moscow, Russia, “, Saudi Arabia, Iran, Palestine, India, South Africa, Argentina, Egypt, Ethiopia, United Arab Emirates, New Delhi, Southeast Asia, Latin America, Caribbean, ” Beijing

☆ Morning Bid: Oil and bond yields try to find toehold
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +4 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. The supply picture for U.S. crude, which is now down more than 20% from late September's peaks, has also weighed on energy prices. Crude inventories increased by 11.9 million barrels over the week to Nov. 3, sources said, citing American Petroleum Institute figures. With senior Fed officials on Wednesday side-stepping guidance on the central bank's next policy steps, attention focuses squarely on Powell's latest speech. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Carlo Allegri, Mike Dolan, Jerome Powell's, Powell, Jerome Powell, Thomas Barkin, Raphael Bostic, Kathleen O'Neill Paese, Christine Lagarde, Janet Yellen, Becton Dickinson, Emelia Sithole Organizations: New York Stock, REUTERS, Federal, American Petroleum Institute, Walt Disney, ABC, Warner Bros Discovery, Richmond Fed, Atlanta Fed, Louis Interim, European Central Bank, . Treasury, News Corp, Wynn Resorts, U.S, Treasury, Thomson, Reuters Locations: Manhattan, New York City , New York, U.S, Europe, Shanghai, Hong Kong, Washington, St, Brussels, Mettler, Toledo, TransDigm

There were also "frank exchanges" between Blinken and Wang over the erupting conflict in the Middle East. The key area that appeared to show some positive momentum was toward an expected meeting between Biden and Xi on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit next month in San Francisco. "We are making preparations for such a meeting," said one of the senior administration officials briefing reporters on condition of anonymity. "China attaches importance to the U.S. side's hopes of stabilizing and improving U.S. ties with China," Wang was quoted as saying in his meeting with Biden. On Thursday, Wang told Blinken that the two countries have disagreements and need "in-depth" and "comprehensive" dialogue to reduce misunderstandings and stabilize ties.

Persons: Wang Yi, Antony Blinken, Elizabeth Frantz, Joe Biden, Xi Jinping, Biden, Jake Sullivan, Wang, Xi, Blinken, Sullivan, side's, Janet Yellen, Gina Raimondo, Yellen, Raimondo, Thomas Shoal, Humeyra Pamuk, Michael Martina, Steve Holland, Jonathan Oatis, Navaratnam, Raju Gopalakrishnan Organizations: Foreign, U.S, State Department, REUTERS, Rights, Economic Cooperation, Blinken, Thomson Locations: Washington , U.S, U.S, China, Washington, East, South China Sea, Taiwan, Asia, San Francisco, Francisco, Beijing, China . U.S, Israel, Iran, South, East China, Philippine

☆ UBS upgrades this biopharma giant with an underappreciated treatment pipeline
▼ + stars: | 2023-10-20 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Investors may not be fully pricing in Merck 's strong treatment pipeline, according to UBS. Analyst Trung Huynh expects that "underappreciated pipeline readouts" will be the primary contributor to multiple expansion for the company. Huynh also noted that investors continue to underestimate the value of two key Merck treatments: Keytruda — used in cancer immunotherapy — and Gardasil, a vaccine targeting HPV. The analyst added that these two treatments and other underappreciated catalysts have all contributed to Merck's above-peer growth profile. The upgrade comes after the Food and Drug Administration approved the use of Keytruda for treatment with "platinum-containing chemotherapy as neoadjuvant treatment " on Monday.

Persons: Trung Huynh, Huynh, —, Michael Bloom Organizations: Merck, UBS, Food and Drug Administration Locations: China

☆ Morning Bid: To 5% and beyond, bond yields soar
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +5 min

The company earnings picture, meantime, was mixed to sour over the past 24 hours in both the U.S. and Europe. Despite decent demand at a typically awkward 20-year bond auction on Wednesday, yields continued to spiral higher overnight and ahead of Fed Chair Jerome Powell's key speech later on Thursday. The upshot of all factors has seen Treasury yields climb ever higher through the night - with two-year and 20-year yields , now both above 5.25%, the latter at a record high and the former the highest since 2006. Ten and five-year tenors also saw yields soar to within a hair's breadth of 5% early on Thursday too. The ructions in the bond market and incoming earnings saw Wall St indexes (.SPX), (.NDX) hit their lowest in 10 days on Wednesday and futures were in the red again ahead of the open today.

Persons: Brendan McDermid, Mike Dolan, Jerome Powell's, Republican Jim Jordan, Blackstone, Philip Morris, Jerome Powell, Philip Jefferson, Michael Barr, Lorie Logan, Austan Goolsbee, Raphael Bostic, Patrick Harker, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S, Netflix, Republican, Bank of Japan, Mortgage Bankers Association, HK, Fifth Third Bancorp, Philip Morris , Union Pacific, CSX, Truist Financial, American Airlines, Alaska Air, Philadelphia Fed, U.S . Federal, Dallas, Chicago Fed, Atlanta Fed, Treasury, Housing, Reuters, Thomson Locations: New York City, U.S, Washington, Venezuela, Europe, Frankfurt, Freeport, McMoRan, China

☆ Morning Bid: Banks, Biden visit buoy markets
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. Biden leaves later on Tuesday for a high stakes visit to Israel and Jordan and Washington said Israeli Prime Minister Benjamin Netanyahu had agreed to let humanitarian aid reach besieged Gazans. That reversed a pre-weekend 'safety bid' that emerged amid fears an Israeli ground invasion into Gaza could draw other regional countries and groups into the war. Before then, bond markets will have to negotiate tomorrow's 20-year Treasury auction. The relatively new 20-year tenor has often proved unpopular and will be watched closely after a poor reception for the latest 30-year bond last week.

Persons: Brendan McDermid, Mike Dolan, Joe Biden's, Biden, Washington, Benjamin Netanyahu, Wells, Goldman Sachs, Charles Schwab, Jerome Powell's, Vladimir Putin, Xi Jinping, Lockheed Martin, Johnson, JB Hunt, Michelle Bowman, John Williams, Neel Kashkari, Tom Barkin, Luis de Guindos, Joe Biden, Olaf Scholz Organizations: New York Stock Exchange, REUTERS, Treasury, JPMorgan, Citigroup, Bank of America, Bank of New York Mellon, Federal Reserve, HK, Bank of England, Lockheed, United Airlines, Michelle Bowman , New York Fed, Minneapolis Fed, Richmond Fed, European Central Bank, European Union, Luxembourg Retail, Reuters Graphics Reuters, EIA, Thomson Locations: New York City, U.S, Israel, Gaza, Jordan, Israeli, Gazans, Asia, Europe, Wells Fargo, China, Russian, Beijing, Ukraine, United, Canada, Michelle Bowman , New, Frankfurt, Luxembourg, Venezuela

☆ Here’s why this under-the-radar biopharma stock could leap nearly 140%, Goldman Sachs says
▼ + stars: | 2023-10-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

An overly negative reception to clinical results could mean investors are missing out on potential upside for Syndax Pharmaceuticals , according to Goldman Sachs. The investment bank initiated coverage of the biopharmaceutical company on Wednesday with a buy rating, setting a 12-month price target of $30. This implies potential upside of 137% from the stock's Tuesday closing price of $12.65. In its Oct. 2 announcement, Syndax said it had "positive topline data" from the protocol-defined pooled analysis of this trial. "Based on our analysis and view, we believe the stock is currently trading below the value of near-term commercial opportunities ex-cash/-terminal value," he wrote.

Persons: Goldman Sachs, Syndax, Chris Shibutani, Shibutani, — CNBC's Michael Bloom Organizations: Syndax Pharmaceuticals Locations: 2024E

☆ Morning Bid: October market fillip as government stays open
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. U.S. Treasury yields, whose relentless rise of late has been at the heart of market disturbances as it prices "higher for longer" interest rates, pushed higher again on Monday too. Ten-year yields were up five basis points to 4.62% - just shy of last week's 16-year peak of 4.69%. Key developments that should provide more direction to U.S. markets later on Monday:* US Sept manufacturing surveys by ISM and S&P Global. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, McCarthy, Goldman Sachs, Jerome Powell, Michael Barr, Loretta Mester, John Williams, Fitch, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Democratic, Republican, Ukraine, Treasury, Bank of Japan, of, Petroleum, Reuters, P Global, Cleveland Fed, New York Fed, Tech, Moody's, U.S . AAA, Chicago, Thomson Locations: New York City, U.S, Russia, OPEC, China, France, Italy, Spain, Germany, York

☆ U.S. readout excludes India-Canada rift as Blinken meets India's top diplomat
▼ + stars: | 2023-09-29 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

Indian External Affairs Minister Subrahmanyam Jaishankar and U.S. Secretary of State Antony Blinken arrive for a photo spray and brief remarks at the U.S. State Department September 28, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty ImagesU.S. Secretary of State Antony Blinken met India's foreign minister Subrahmanyam Jaishankar in Washington on Thursday, but the U.S. readout did not mention the spiraling dispute between India and Canada. Trudeau went public with "credible allegations" on Sept. 18, accusing the Indian government of orchestrating the murder. The deepening rift between the two sides is concerning Canada's closest allies — Australia, the United Kingdom and the United States. If allegations are true, this may well derail the U.S. courtship of India as a partner in a broader Indo-Pacific strategy aimed at countering China.

Persons: Subrahmanyam Jaishankar, Antony Blinken, Drew Angerer, Justin Trudeau, Trudeau, Blinken, Trudeau's, Hardeep Singh Nijjar Organizations: Affairs, U.S . State, Getty, Canadian, U.S, Ottawa Locations: Washington ,, Washington, U.S, India, Canada, New Delhi, Canadian, Australia, United Kingdom, United States, China

Details of how the Taliban intend to expand and manage mass surveillance, including obtaining the U.S. plan, have not been previously reported. "At the present we are working on a Kabul security map, which is (being completed) by security experts and (is taking) lots of time," he said. The Taliban strongly denies that an upgraded surveillance system would breach the rights of Afghans. A July U.N. monitoring report said there were up to 6,000 Islamic State fighters and their family members in Afghanistan. The Afghan "home base" locations of Islamic State fighters are in the eastern mountainous areas, said Schroden.

Persons: Ali Khara, Abdul Mateen Qani, Washington, didn't, Qani, Amrullah Saleh, Saleh, Jonathan Schroden, Matt Mahmoudi, ETIM, ETIM couldn't, Afghanistan Thomas West, Mohammad Yunus Yawar, Charlotte, Jonathan Landay, David Kirton, Liz Lee, Katerina Ang Organizations: REUTERS, Rights, Islamic, Huawei, U.S, of Interior, Reuters, U.S.A, U.S State Department, RIC, Bloomberg News, Foreign Ministry, NATO, Center for Naval, Protect Journalists, Taliban, Amnesty International, East Turkestan Islamic, Security, Special, State, Ece Toksabay, Thomson Locations: China, Kabul, Afghanistan, Rights KABUL, Islamic State, —, Turkey, Turkish, Pakistan, United States, East Turkestan, Xinjiang, State, Russian, Charlotte Greenfield, Islamabad, Washington, Shenzhen, Beijing, Ankara

☆ Morning Bid: Edgy market calm after worst day of 2023
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +5 min

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. World stocks captured by MSCI's all-country index (.MIWD0000PUS) recorded their worst day of the year so far - dropping 1.69%. The yen fell back again but the dollar/yen rate remained below Thursday's 2023 high of 148.45. The pound hit its lowest level since March and 10-year British gilt yields fell to their lowest level since July. Elsewhere, oil prices nudged higher again on Friday as concerns that a Russian ban on fuel exports could tighten global.

Persons: Sarah Silbiger, Mike Dolan Punch, Rupert Murdoch, Lisa Cook, Susan Collins, Neel Kashkari, Mary Daly Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Bank of Japan, Fed, European Central Bank and Bank of England, Treasury, Sterling, of, Activision Blizzard, Markets Authority, Ubisoft, Cisco Systems, Cisco, Fox Corp, News Corp, JPMorgan, Federal Reserve, Boston, Minneapolis Fed, San Francisco Fed, Reuters Graphics Reuters, Reuters, Thomson Locations: Washington ,, U.S, Australia, Britain, United States, India

☆ Morning Bid: Fed vigil sees oil recoil and UK surprise
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

Canada's consumer prices raced ahead at an unexpectedly brisk clip last month, but outlier Britain got a positive surprise as inflation there fell back in August. Starts swooned last month, but building permits - which many see as a better gauge of future activity - beat forecasts and pushed higher. Although Asia bourses were in the red earlier, European stocks pushed higher and Wall St futures were positive ahead of the open too. Relief in the oil market pulled two-year Treasury yields back about 5 basis points from two-month highs at 5.12%. Key developments that should provide more direction to U.S. markets later on Wednesday:* U.S. Federal Reserve policy decision, new economic projections and press conference.

Persons: Mike Dolan, Asia bourses, Mills, Toby Chopra Organizations: Federal Reserve, People's Bank of China, Bank of England, Fed, Friday's Bank of Japan, Arm Holdings, U.S, New, . Federal, Bank of Canada, FedEx, United Nations General Assembly, Reuters Graphics Reuters, Reuters, Reuters Graphics Housing, Thomson Locations: U.S, Asia, Europe, New York City, New York

☆ Top China, U.S. officials hold Malta talks ahead of possible Xi-Biden meeting
▼ + stars: | 2023-09-18 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

China's foreign minister Wang Yi and U.S. national security advisor Jake Sullivan met in Malta over the weekend. The bilateral talks come ahead of a possible meeting between China's President Xi Jinping and U.S. President Joe Biden at the Asia-Pacific Economic Cooperation leaders meeting in November. Their Malta meeting convened after several high level officials visited Beijing in recent months and just before Wang's meeting with Russian Foreign Minister Sergei Lavrov later this week. In readouts issued by the White House and China's Foreign Ministry, the two-day talks in Malta were characterized as "candid, substantive and constructive." Wang had re-assumed his former job as foreign minister after Xi removed his successor Qin from the position.

Persons: Wang Yi, Jake Sullivan, Xi Jinping, Joe Biden, Wang, Sullivan, Sergei Lavrov, Han Zheng, Xi, readouts, Qin Gang, Li Shangfu, Malta . Wang, Qin Organizations: Economic Cooperation, Russian, China's, Ministry, United Nations General Assembly, White, China's Foreign Ministry Locations: USA, China, U.S, Malta, Asia, Vienna, Beijing, New York, Ukraine, Taiwan Strait, Malta .

☆ China's Wang Yi and US national security adviser Jake Sullivan meet in Malta for 'substantive and constructive' talks
▼ + stars: | 2023-09-17 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

China’s Foreign Ministry said the two sides agreed to continue high-level communication on several fronts, including consultations on Asia-Pacific affairs, maritime affairs, and foreign policy. Biden and Xi last met in November 2022 on the sidelines of the G20 summit in Bali. Military communicationThe two sides also discussed the need to re-establish military-to-military dialogue between the US and China, the senior Biden official said following the weekend meeting. Wang would visit the country between September 18 and 21, China’s Foreign Ministry said Monday. He is expected to meet Russian Foreign Minister Sergey Lavrov to discuss “a wide range of bilateral cooperation issues,” according to a statement from the Russian Foreign Ministry last week.

Persons: Hong Kong CNN —, Wang Yi, Jake Sullivan, Joe Biden, Xi Jinping, Xi, Biden, Wang, Sullivan, Nancy Pelosi, China’s, ’, Li Shangfu, Li, Qin Gang, Sergey Lavrov, Vladimir Putin, Kim Jong Un Organizations: Hong Kong CNN, United, China’s, Ministry, Economic Cooperation, Biden, White, US, Party, Foreign Ministry, Chinese Defense, Communist Party, Foreign, Russian, Russian Foreign Ministry, North Locations: China, Hong Kong, United States, Malta, Asia, Pacific, Beijing, San Francisco, Bali, Washington, Taiwan, Taiwan Strait, ”, Ukraine, Moscow, Pyongyang

"Further progress is likely to become more difficult as base effects fade, and supply-constraints could drive global energy and food prices higher again." Brent crude prices have risen 27% since mid-year and U.S. crude is up 30%, with U.S. retail pump prices already up almost 10% so far since June. Oil and inflation expectationsReuters GraphicsSLOWING DESCENTAnd alongside creeping worries about rising debt supply, the long end of bond markets has been rattled again by the oil price jump. And this has been a far bigger influence on the inflation trajectory than oil prices per se. Yet, restive crude prices will still cloud a messy and tricky battle with inflation expectations just as policy tightening cycles near an end.

Persons: Brent that's, Christian Keller, Akash Utsav, Andrew Goodwin, there's, George H.W, Jamie Freed Organizations: Brent, UBS, Organization for Economic Cooperation, Development, Barclays, Federal Reserve, European Central Bank, Bank of England, U.S, Treasury, Oxford, Monetary Fund, Reuters Graphics Reuters, Reuters, Thomson Locations: Ukraine, Saudi Arabia, Russia, tailwind, U.S, Europe, Britain, West, George H.W . Bush

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