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Search resuls for: "Goodwill"


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A TUI plane was meant to fly from the south of Italy to the United Kingdom. But an unscheduled diversion meant it took a detour and stopped off in northern Africa. Passengers had to wait on the runway in Tunisia while the airline delivered a part for another plane. TUI passengers on board a flight from Italy to the UK found themselves unexpectedly diverted to northern Africa, where they remained on a runway for an hour while the airline delivered a plane part. Last December, TUI passengers were left stranded in the wrong country overnight, after their plane made an unscheduled stop due to staff scheduling issues.
Persons: TUI Organizations: Passengers, London Gatwick Airport, Boeing, Google, Independent, Gatwick Airport Locations: Italy, United Kingdom, Africa, Tunisia, Lamezia Terme, Terme, London, Enfidha, Hammamet
Don Farrell Australian trade minister"We always saw the barley application and the suspension of the barley application before the [World Trade Organisation] as a template for dealing with the wine issue," he said. "And of course, we're extremely confident that the 220% tariffs that were applied to Australian wine will be removed." Thawing tensionsIn April, Australia agreed to "temporarily suspend" its World Trade Organization complaint against China for its 2020 decision to impose 80.5% duties on Australian barley trade that was once worth about 1.5 billion Australian dollars ($988.1 million). Vcg | Visual China Group | Getty ImagesOn Monday, Farrell said a "range of factors" were at play, with Chinese beer consumers and barley importers "very strongly in favor" of reintroducing Australian barley. Since then, Australia's foreign minister Penny Wong and trade minister Farrell have visited Beijing and have had direct meetings with their direct counterparts.
Persons: Don Farrell, Farrell, Xi Jinping, Anthony Albanese, Penny Wong Organizations: World Trade, World Trade Organization, Chinese Commerce Ministry, Nantong, Trade Zone, Visual China, Australian Locations: Australia, China, Beijing, Nantong, Jiangsu Province, Bali
REUTERS/Kevin Wurm/File PhotoWASHINGTON, Aug 4 (Reuters) - U.S. and Mongolian officials this week discussed "creative ways" to ensure the landlocked country, dependent on goodwill from its neighbors China and Russia, could get critical minerals onto the world market, a U.S. State Department official said on Friday. A U.S. State Department official briefing reporters said the national carrier MIAT Mongolian Airlines would be able to fly direct to an as-yet-undecided U.S. airport by next year. The two sides also discussed how to follow up on a memorandum of understanding signed in June by the State Department and Mongolia's ministry of mining and heavy industry. "We certainly are eager to help the Mongolians find creative solutions by which it can help take more control over mining, exploring, extracting and producing critical minerals and rare earth elements." Asked about how to ensure that Mongolia could exporting such commodities without hindrance, the official said it was in a "tough geopolitical situation", being landlocked.
Persons: Kamala Harris, Oyun, Kevin Wurm, Erdene, Antony Blinken, we've, Joe Biden's, David Brunnstrom, Simon Lewis, Kevin Liffey Organizations: U.S, Mongolia's, White, REUTERS, U.S . State Department, Reuters, MIAT Mongolian Airlines, State Department, Thomson Locations: Washington , U.S, China, Russia, U.S, Washington, Mongolia, United States
After nearly ten years of travel, Pedersen successfully visited his 203rd and final country, the Maldives, and began his long-awaited voyage back to Denmark. In early 2020, the intrepid traveler suddenly found himself stuck in Hong Kong for two years with just nine countries left. “I look back at Hong Kong, and it’s a bit of a paradox. Next came a 16-day journey back to Hong Kong, where he returned to hotel quarantine for another two weeks. Pedersen in Hong Kong, where he spent an unexpected two years during the pandemic.
Persons: Torbjørn, Thor ” Pedersen, Pedersen, He’d, ” Pedersen, , , Le, I’ve, He’s, , ’ ”, Maxime Champigneulle, Gunnar Garfors, it’s, It’s, you’ve, he’s, “ There’s, Mike Douglas Organizations: CNN, CNN Travel, Maersk, , Port, Le, UN, Danish, Hong, Denmark, Pacific, Tonga, National Museum, Ross Energy, Aarhus . Port Locations: Denmark, Maldives, Danish, Malaysia, Sri Lanka, Aarhus, Kenya, Colombia, Australia, Norway, Guinea, Equatorial Guinea, Mongolia, Pakistan, Syria, Iran, Nauru, Angola, Ghana, Iceland, Canada, Hong Kong, Everest, Palau, New Zealand, Samoa, Tonga, Vanuatu, Pacific, Tuvalu, Fiji, Singapore, Malé, Norwegian, Aarhus ., Aarhus What’s, Suez, Germany
Theresa Sobocinski is a 22-year-old product designer who made nearly $100K a year on Depop. She says few people know that constantly refreshing items on Depop is crucial to boosting sales. In that situation, you'll need to refresh to get it back up on the feed. If I'm selling a top, I'll usually pair it with a nice skirt or whatever looks good with the top. But you don't really need experience selling on other platforms to start a Depop.
Persons: Theresa Sobocinski, Poshmark, anyone's, Depop, what's, you've, Aria Yang Organizations: Service, Tiger, Adidas Locations: Depop, Wall, Silicon, Europe, It's
July 25 (Reuters) - Further deterioration in demand for glyphosate-based weed killers led Bayer (BAYGn.DE) to cut its full-year earnings outlook and announce a 2.5 billion euro ($2.8 billion) write-down on glyphosate-related assets. That was lower than a previous 2023 outlook of 12.5 billion euros, or slightly higher. Free cash flow would come in at zero, down from a previous prediction of 3 billion euros, the company said. "Based on the anticipated market development, in particular with respect to the glyphosate business, Bayer also expects to record a goodwill impairment of approximately 2.5 billion euros," it said. That would result in a second-quarter net loss of 2 billion euros.
Persons: Bayer, Bill Anderson, Roche, Markus Manns, Anderson, Hurricane Ida, Werner Baumann, Thomas Escritt, Ludwig Burger, Jonathan Oatis, Susan Fenton, Kirsten Donovan Organizations: Union Investment, Barclays, FMC, BASF, Bayer, Thomson
BERLIN, July 24 (Reuters) - Weak demand for glyphosate-based weed killers led Bayer (BAYGn.DE) to cut its full-year earnings outlook for the second time and announce a 2.5 billion euro ($2.8 billion) write-down on glyphosate-related assets. That was lower than a previous 2023 outlook of 12.5 billion euros, or slightly higher. Free cash flow would come in at zero, down from a previous prediction of 3 billion euros, the company said. "Based on the anticipated market development, in particular with respect to the glyphosate business, Bayer also expects to record a goodwill impairment of approximately 2.5 billion euros," it said. That would result in a second-quarter net loss of 2 billion euros.
Persons: Bayer, Hurricane Ida, Bill Anderson, Roche, Werner Baumann, Thomas Escritt, Ludwig Burger, Jonathan Oatis, Susan Fenton Organizations: Bayer, FMC, BASF, Thomson Locations: BERLIN
Hot Girl Walk is suing a company formerly known as Hot Girl Walk Miami for copyright infringement. The lawsuit claims that Hot Girl Walk Miami created confusion between the two brands. The Hot Girl Walk trend, which originated on TikTok, encourages four-mile outdoor walks for women. Hot Girl Walk asks that the pair be permanently banned from selling merch with the Hot Girl Walk Miami branding. The company also asks to recoup any profits made by their competitor while selling Hot Girl Walk Miami merchandise.
Persons: Monica Villegas, Lucia Di Tore, Lind, Amelia Lind, Villegas, Di Tore Organizations: Service, Miami, Walk Locations: Miami, Wall, Silicon, Delaware, Florida, Walk Miami
[1/2] U.S. Special Presidential Envoy for Climate John Kerry shakes hands with his Chinese counterpart Xie Zhenhua before a meeting in Beijing, China July 17, 2023. REUTERS/Valerie Volcovici/File PhotoBEIJING/SINGAPORE, July 20 (Reuters) - Climate talks this week between China and the United States were buoyed by goodwill, but the world's two biggest carbon polluters achieved more on righting their diplomatic relationship than battling climate change. Kerry said China agreed that a target to keep global temperatures rises within 1.5 Celsius of pre-industrial levels should remain "alive". Kerry and Xie focussed on progress headed toward COP28, the annual U.N. climate summit in November. Questions remain about the longer term, should political winds shift in the United States or the two diplomats leave their posts.
Persons: John Kerry, Xie Zhenhua, Valerie Volcovici, Kerry, Nancy Pelosi, Antony Blinken, Janet Yellen, Li Shuo, Li, Xie, Ma Jun, Ma, Premier Li Qiang, Wang Yi, David Stanway, William Mallard Organizations: REUTERS, Democratic, GOOD AS IT, China, Greenpeace, Institute of Environment, Public Affairs, Communist Party, Daily, Thomson Locations: Beijing, China, BEIJING, SINGAPORE, United States, Washington, U.S, Taiwan, Kerry, Paris, COP28, America, Premier, Dubai
Goldman Sachs Profit Falls 58%
  + stars: | 2023-07-19 | by ( ) www.wsj.com   time to read: +1 min
Goldman Sachs is the last big bank out of the gate with second-quarter earnings, and things don’t look pretty. Profit fell 58% from one year ago, to $1.22 billion. Some big news: Earnings took a big hit from Goldman’s ongoing exit from consumer lending. Also, Goldman took impairments of about $485 million related to real estate investments, much of that tied to office properties, within its asset management business. The impairments reflected properties the bank sold as well as properties the bank has marked down but not yet sold.
Persons: Goldman Sachs, FactSet, Goldman, GreenSky Organizations: Revenue, Investment
Wall Street earnings season has been challenging across the board, but perhaps none have had it as tough as Goldman Sachs. "This moment in the economic cycle creates meaningful headwinds for Goldman Sachs and our business mix. Here are the five numbers explaining the complex story of Goldman Sachs' second-quarter earnings and its shift from consumer banking to asset management fees. Goldman Sachs Earnings PresentationROE: Down to 4%The return on shareholders' equity fell to 4% this quarter, down from 11.6% last quarter. Goldman Sachs' 2Q23 Earnings Presentation Goldman Sachs' 2Q23 Earnings PresentationEquity underwriting: up 133%One bright spot was equity underwriting, or the process of helping companies raise money through the sale of stocks.
Persons: Goldman Sachs, David Solomon, it's, ROE, Goldman, Morgan Stanley, Goldman's, Solomon, Denis Coleman, Coleman, Solomon's, we've, Marcus, they've Organizations: Wall, Citigroup, JPMorgan, Wells, Global Banking, Goldman, Apple, GreenSky, Wealth Management, Investment Locations: Goldman, Wells Fargo
[1/2] Supporters of the ruling People's Action Party (PAP) wait for their candidates at a nomination center ahead of the general elections in Singapore September 1, 2015. Analysts said the events may not bode well for the PAP, which has ruled Singapore uninterrupted since 1959. "These events appear to have created some public speculation about the PAP's approach to privilege, restraint, and authority," said National University of Singapore political scientist Chong Ja Ian. Prime minister-in-waiting Lawrence Wong said the government would be forthcoming about the corruption case - even if the information was damaging or embarrassing. But political scientist Walid Jumblatt Abdullah at Nanyang Technological University said Lee had enough political goodwill to ride this out.
Persons: Edgar Su, bode, Lee Hsien, Singapore's, Lee Kuan Yew, Chong Ja Ian, Lee, Lawrence Wong, Iswaran, Chong, Lee's, Walid Jumblatt Abdullah, Gillian Koh, Walid, Wong, Xinghui Kok, Robert Birsel Organizations: Action Party, REUTERS, National University of Singapore, Transport, Nanyang Technological University, Institute of Policy, Thomson Locations: Singapore, SINGAPORE
Now, the man who had been tasked with reviving a nuclear deal to constrain that program has been sidelined. Progress on nuclear talks, as well as the fate of detained Americans in Iran, is likely to boost the incumbents in the polls, analysts have said. Malley was one of the architects of the 2015 nuclear deal reached with Iran under the Obama administration. The administration began negotiations to re-enter an Iran nuclear agreement later that year. “US policy is informed by the administration’s national security calculations, and not any one person in the national security apparatus,” Vaez said.
Persons: Biden, Rob Malley, Malley, Abram Paley, Paley, Jake Sullivan, sidelining, Obama, Donald Trump, Obama’s, Israel, Malley’s sidelining, Nasser Kanani, Javed Gurban Oghli, Israel ”, Gabriel Noronha, Trump, , ” Noronha, , Ali Vaez, Vaez, ” Vaez, Foad Izadi, Ebrahim Raisi, Brett McGurk, McGurk, ” McGurk Organizations: CNN — United, CNN, State Department, Representative, US National, Crisis Group, ICG, Islamic, Iranian Foreign Ministry, Iranian, Jewish Institute for National Security of, Iran, US State Department, , University of Tehran’s Faculty of World Studies, US National Security Council, Middle, National Security Council Locations: Iran, Tehran, Republic, Russia, Ukraine, Israel, Islamic Republic, Iranian, Middle East, Oman, Syria
The US even reminded everyone just how influential the buck is when it effectively froze Russia out of the global financial system with sanctions last year. Becoming the issuer of the global reserve currency is about trust. The US has controlled the global reserve currency for 102 years — giving it a special status in the world economy. Still, given that the country controlling the global reserve currency holds that status of an average of 94 years, history seems to indicate it's high time for a successor. Why shouldn't the financial world resemble something closer to the mosaic of cultures, politics, and nations that exists today?
Persons: Chenzi Xu, there's, Xu, , Ron Temple, Gregory Brew, Eurasia's Brew, dollarizing, Stephen Jen, Jen, we've, Stanford's Xu, Luiz Inácio Lula da Silva, Josh Lipsky, " Lipsky, It's, Alexander Wise, Jan Loeys, Loeys, dollarization, Wise, Lazard's Temple, isn't, Phil Rosen Organizations: Stanford, Federal, European Central Bank, People's Bank of China, Lazard, Publishing, Getty Images, International Monetary Fund, Bank of International Settlements, Eurasia Group, Sandman's, Eurizon, IMF, Atlantic Council, JPMorgan Locations: Russia, Israel, France, China, America, Saudi Arabia, Brazil, India, Pakistan, Bolivia, Iraq, South Africa, Beijing
But there's one important place they're often forgetting to pay gratuity altogether amid the "tipflation" debate, according to one etiquette expert: hotels. Hotel housekeepers are often stiffed on gratuities — but it's a service you should "always tip on," Diane Gottsman, founder of The Protocol School in Texas and a nationally-recognized etiquette expert, tells CNBC Make It. Plus, like many service workers, some hotel housekeepers might rely on gratuities to help make ends meet, Gottsman points out. 5 times it's OK not to tip, according to etiquette expertsDo you always need to tip 20%? Here's how much an etiquette expert says to leave at restaurants, hotels and more
Persons: Diane Gottsman, Gottsman, They're Organizations: Protocol, CNBC, housekeepers, Bureau of Labor Statistics, American Hotel Association Locations: Texas, , U.S
Clothing repairs are favored by sustainability advocates, but they can be expensive. Beginning in October, the country's government will give a 7 euros, or about $7.79, discount for heel repairs and between €10 and €25 for clothing repairs, Le Monde first reported. Sustainability advocates favor clothing repairs as one way to slow the climate crisis and create a circular economy, in which we reuse existing resources and reduce waste. The organization found that the repairs can be expensive — stains cost an average of $17.34 to remove and other repairs cost up to $34. In April, the government doubled-down on discounts for citizens who repaired their home appliances instead of throwing them away.
Persons: Le Monde Organizations: Service, Le, United Nations Economic Commission, Sustainability, Stewardship Council, Mission, Yale Locations: France, Europe, California
CNN —A giant panda at a South Korean zoo has given birth to the country’s first twin cubs. The palm-sized female pandas were born at the Everland Resort theme park southeast of the capital Seoul on July 7, the zoo said in a statement Tuesday. The twins’ birth is considered rare – there’s less than a 50% chance of pandas giving birth to twins – and in the wild, they struggle to survive as mothers can often only care for one of their cubs. A caretaker carries panda cub Fu Bao, about 100 days after her birth in 2020. It is estimated that around 1,800 pandas remain in the wild, mostly in the mountains of Sichuan, western China.
Persons: Ai Bao, , Fu Bao, JUNG YEON, , Kang Cheol, Le Bao, Jung Dong Organizations: CNN, YouTube, Getty, South, Everland Locations: Korean, Seoul, Korea, China, Beijing, South Korea, Sichuan
July 11 (Reuters) - A U.S. judge on Tuesday dismissed a lawsuit in which the founder of WallStreetBets, which helped ignite investors' fascination with "meme" stocks, accused Reddit of wrongly banning him from moderating the community and usurping his trademark rights. Rogozinski had applied to trademark "WallStreetBets" in March 2020, when the community reached 1 million subscribers. Meme stocks gain popularity through discussions, often among inexperienced investors, in online forums including Twitter. Prominent meme stocks have included AMC Entertainment Holdings (AMC.N), GameStop (GME.N), Koss (KOSS.O) and the now-bankrupt Bed Bath & Beyond (BBBYQ.PK). The case is Rogozinski v Reddit Inc, U.S. District Court, Northern District of California, No.
Persons: Reddit, Jaime Rogozinski, Rogozinski, Maxine Chesney, Rogozinski's, Chesney, today's, James Lawrence, subreddit, Jonathan Stempel, David Gregorio Our Organizations: WallStreetBets, Twitter, AMC Entertainment Holdings, GameStop, Reddit Inc, Court, Northern District of, Thomson Locations: U.S, San Francisco, Northern District, Northern District of California, New York
South Korean zoo welcomes giant panda twins
  + stars: | 2023-07-11 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Giant Panda Ai Bao holds her baby panda with mouth after giving birth to twin at Everland amusement park in Yongin, South Korea, July 11, 2023. Samsung C&T/Yonhap via REUTERSSEOUL, July 11 (Reuters) - A South Korean zoo said on Tuesday it had recently welcomed the first giant panda twins to be born in the country. The first twin weighed 180 grams (6.35 oz) and the second, which arrived nearly two hours later, weighed 140 grams. The birth of the twins comes nearly three years after Fu Bao, the first panda to be born in South Korea, came into the world with the same parents Ai Bao and Le Bao. Fu Bao is due to be returned to China by July next year at the latest, the zoo said.
Persons: Ai Bao, Donghee Chung, Chung, Fu Bao, Le Bao, Cherwon Kang, Ai Bao's, Kang, Hyunsu Yim, Ed Davies Organizations: Samsung, REUTERS, YouTube, Thomson Locations: Yongin, South Korea, REUTERS SEOUL, Korean, Seoul, China
On a typical Monday delivering pizzas in Lincroft, New Jersey, Brendan Madden could make $13 in tips. The nature of tipping is extremely unreliable, the Luigi's Famous Pizza and Catering delivery driver tells CNBC Make It. Driving around Lincroft and neighboring New Jersey towns, 25-year-old Madden never knows how much he will make in a given shift. "Tipping doesn't work as a system for paying people," he says. "I don't think it's a sustainable system because not everyone tips fairly."
Persons: Brendan Madden, Madden Organizations: CNBC, Madden Locations: Lincroft , New Jersey, Lincroft, New Jersey
Zelenskiy visits Snake Island to mark 500 days of Ukraine war
  + stars: | 2023-07-08 | by ( ) www.reuters.com   time to read: +2 min
The tiny island became a symbol of Ukrainian defiance on the war's first day after Ukrainian guards famously refused to surrender to Russian forces. The strategic island overlooks sea lanes to Odesa, Ukraine's main Black Sea port. One of them radioed back "Russian warship, go fuck yourself." On June 30, Russia abandoned Snake Island after taking heavy losses trying to defend it. Russia still holds swathes of territory in eastern and southern Ukraine but Zelenskiy said on Monday his troops had made some progress gaining ground in a counteroffensive after a "difficult week".
Persons: Volodymyr Zelenskiy, Read, Zelenskiy, Ros Russell, William Maclean Organizations: Ukrainian Armed Forces, Ukraine, Black Sea Fleet, Snake, Thomson Locations: Ukraine, Odesa region, Russian, Ukrainian, Moskva, Russia
The 40-team tournament, which runs from July 8-15 at the University of California at Sacramento, is the brainchild of Homeless World Cup Foundation. Fahrudin Muminovic represented Bosnia and Herzegovina at the 2019 Homeless World Cup in Wales. This is the first time the Homeless World Cup will take place in the U.S. There are two different fields of play, the World Cup, which consists of both men's and co-ed teams, and the Women's World Cup, featuring women-only matches. The final match will be held July 15, five days before 32 teams take the field for the 9th annual FIFA Women's World Cup in Australia and New Zealand.
Persons: Shannon Stapleton, Mel Young, Fahrudin Muminovic, Sienna Jackson, Young, , ” Young, Rachel Nostrant, David Gregorio Our Organizations: REUTERS, University of California, Homeless, Foundation, World Economic, Team USA, Sacramento State, Youth Center, U.S, FIFA, Thomson Locations: Los Angeles , California, U.S, California, Sacramento, Bosnia, Herzegovina, Wales, Srebrenica, South Africa, France, Denmark, Australia, New Zealand
UK's Currys drops dividend on uncertain economic outlook
  + stars: | 2023-07-06 | by ( James Davey | ) www.reuters.com   time to read: +2 min
The group also reported a 38% fall in full year profit, hurt by the weak performance of its Nordics business. Accordingly, we're being prudent in our planning, and in further strengthening our balance sheet," CEO Alex Baldock said. Baldock said Currys had taken actions to maximise operating cashflow through margin improvement, delivering cost savings and reducing capital expenditure. Nevertheless, the economic outlook remains uncertain in our main markets," Currys said. The group reported a statutory loss before tax of 450 million pounds for the year, driven by a previously announced non-cash goodwill impairment of 511 million.
Persons: we're, Alex Baldock, Baldock, Currys, Mike Ashley's Frasers, Frasers, James Davey, Sarah Young, Jason Neely Organizations: Consumers, Revenue, Ireland, Thomson Locations: British, Europe, Currys
A key skill he mastered during his 24 years as one of the FBI's lead international negotiators was emotional intelligence. To resolve the conflict, he did three things that he says people with high emotional intelligence do when communicating with others, especially during sensitive conversations:1. This keeps you present and emotionally sober while allowing the bank robber to continue talking. Label the other person's emotionsVoss then told the second bank robber, "It wasn't your fault, was it?" High emotional intelligence requires strategic listening
Persons: Chris Voss, Voss Organizations: Chase Manhattan Bank Locations: Voss, Brooklyn , New York
Now the Trump campaign is advocating for modifications in half a dozen additional states, his co-campaign manager told Reuters. LaCivita confirmed that Nevada - an early primary state with a Trump-friendly state Republican leadership - was one of the campaign's targets. A source close to the Nevada Republican Party told Reuters - prior to the lawsuit - that Trump's campaign was lobbying for a caucus. A source close to the Republican state party in Idaho told Reuters that Trump allies had been lobbying to hold a nominating contest before May. There are an estimated 2,467 delegates up for grabs in the 2024 Republican state-by-state nominating battle.
Persons: Donald Trump, Trump, Chris LaCivita, LaCivita, Joe Biden's shakeup, Biden, Jason Roe, Roe, DESANTIS, Ron DeSantis, You've, DeSantis, Tim Reid, Colleen Jenkins, Alistair Bell Organizations: Reuters, Republican, Trump, Nevada Republican Party, . Idaho Republicans, Democratic National Committee, Black, Republicans, Democratic Party, Republican National Committee, RNC, Florida, Thomson Locations: Michigan, Nevada, Idaho, Carolina, Georgia, Iowa, Virginia, Idaho , Nevada, Alabama, Missouri
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