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☆ Women's World Cup: How to watch Colombia, Germany, Morocco and South Korea battle it out for last 16 qualification
▼ + stars: | 2023-08-02 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —It’s been a week of high drama at this year’s Women’s World Cup with the last round of group fixtures throwing up countless story lines. Cameron Spencer/Getty ImagesThe African nation, playing in its first Women’s World Cup, must better Germany’s result against South Korea to stand any chance of making it through to the knockout rounds. Whatever happens, Morocco has made history, securing the country’s first win at a Women’s World Cup against South Korea. Defender Nouhaila Benzina also become the first player ever to wear a hijab at a senior-level Women’s World Cup. South Korea vs. GermanyAfter its defeat to Colombia last time out, Germany is on the brink of an embarrassing exit from the World Cup.

Persons: CNN — It’s, Linda Caicedo, Cameron Spencer, Nouhaila Benzina Organizations: CNN, US, Fox, Fox Sports, Telemundo, Peacock, Seven Network, Optus Sport, BBC, ITV, FIFA, Germany, South, South Korea, Reggae Girlz Locations: South Africa, Netherlands, Vietnam, Colombia, Germany, South Korea, Morocco, Australia, United Kingdom, Colombia Colombia, New Zealand, Jamaica, France

"China is not trying to supplant the IMF," said Matthew Mingey, a senior analyst with Rhodium Group. "When China has allowed these swap lines to be tapped, in many cases it's to unlock an IMF bailout or ensure an IMF programme stays on track." In turn, China is a major customer for Argentina's soy, corn and poultry exports. "China has every incentive to tightly manage Argentine drawings under the swap lines as the risks are very high." The swap line that the People's Bank of China (PBOC) signed in 2009 with Buenos Aires was the first agreed with a Latin American country.

Persons: Matthew Mingey, Buenos, Mark Sobel, Sobel, Sergio Massa, Martin Castellano, Alejandro Werner, Werner, Mingey, Jorgelina, Rosario, Karin Strohecker, Jorge Otaola, Joe Cash, Kirsten Donovan Organizations: International Monetary Fund, IMF, U.S . Treasury, Reuters, World Bank, TAG, People's Bank of China, Buenos Aires, Economy, Institute of International Finance, Relations, Georgetown Americas Institute, Western Hemisphere Department, Thomson Locations: China, Argentina, Beijing, Washington, Latin America, Buenos Aires, U.S, Buenos, American, United States, Zambia, Sri Lanka, Taiwan, Ukraine

The tweets from the official “Barbie” account responding to the unofficial memes were later deleted. While the “Barbenheimer” hashtag is not part of an official Warner Bros. marketing campaign, Warner Bros. Japan said it was “extremely regrettable” that the Barbie account had responded to the posts. “We take this situation very seriously and demand an appropriate response from the US headquarters,” Warner Bros. Japan said in a tweet Monday. The studio offers a sincere apology.”Warner Bros., like CNN, is a unit of Warner Bros. It’s a shame.”Another said they were “really disappointed” when they saw a post from the “Barbie” account, and would no longer buy a ticket.

Persons: Barbie ”, “ Oppenheimer, ”, Warner, Barbie, screengrabs, Margot Robbie, Cillian Murphy, Critics, “, “ Warner, –, Jeffrey J, Hall, “ Barbie ” Organizations: CNN, Warner Bros . Film, Warner Bros, Mattel, Twitter, US Air Force, “ Warner Brothers, Warner Bros ., Toho, Reuters Locations: Japan, Hiroshima, Nagasaki, Asia, Tokyo

☆ Amazon employees leak secret info that marketplace sellers can buy on Telegram
▼ + stars: | 2023-08-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

For a fee of $200 to $400, sellers can pay for services like "Amazon Magic," as one broker on encrypted messaging service Telegram calls it. The Telegram group has over 13,000 members, and it's far from the only one. A public Facebook page identified by CNBC offers an internal screenshot service with "valuable insight into your seller account, allowing you to see how Amazon employees view your account and its performance." Account annotations, internal notes from an Amazon staffer on a seller's account, were among the confidential data being exchanged between the defendants and employees. The Amazon Magic group on Telegram is public, with users advertising black hat services almost daily.

Persons: Johnny Milano, Christy Distefano, Remi Vaughn Organizations: Bloomberg, Getty, Telegram, Facebook Groups, Walmart, CNBC, Facebook, Amazon ., LinkedIn, Amazon, Street Journal, Department of Justice, FBI Locations: Melville , New York, China, India, Costa Rica, Ukraine

☆ France, Brazil resume hunt for World Cup knockout spot
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

Group F leaders France ignited their campaign with a 2-1 win over Brazil at the weekend after struggling to a goalless draw against Jamaica in their opener. They need only a point in Sydney to reach the knockouts for a fourth straight World Cup. France are locked on four points with Jamaica, who can advance with a win or draw against Brazil in Melbourne. Heavyweights Brazil last exited the World Cup in the group stage in 1995. "Tomorrow's a decider and we don't want to go home," said Brazil great Marta, playing at her sixth and final World Cup.

Persons: Kadidiatou Diani, Dan Peled, Brazil's, France, Herve Renard, Tomorrow's, Marta, Magdalena Eriksson, Hritika Sharma, Christian Radnedge Organizations: Soccer Football, FIFA, Brisbane Football, REUTERS, Reuters Connect AUCKLAND, South, Jamaica, Brazil, G, Argentina, Colombia, Thomson Locations: New Zealand, France, Brazil, Brisbane, Australia, Panama, Jamaica, Sydney, Melbourne, Colombia, Germany, Morocco, South Korea, Sweden, Hamilton, Italy, South Africa, Wellington, Hyderabad

☆ Subomi Plumptre: A woman on a mission to build prosperity in Africa
▼ + stars: | 2023-07-31 | by ( Susan Williams For Cnn | ) edition.cnn.com time to read: +6 min

However, one woman says she has made it her life’s mission to empower Africa’s squeezed middle class. She is the co-founder of Volition Cap, an investment cooperative that aims to help Africans build wealth and financial stability. But the middle class are the ones that create the most small and medium scale enterprises. So my focus on the middle class is actually very deliberate, because I realize that the middle class is the economic destiny of Africa,” Plumptre told CNN. That was what happened to my parents.”This tragedy made Subomi realize that she, like many middle class individuals, lacked a safety net when faced with critical emergencies.

Persons: Africa’s, Cap, Plumptre, ” Plumptre, “, ” Organizations: CNN, African Development Bank Group, International Labour Office, World Bank, SEC Locations: Nigeria, Africa, Europe, America

☆ World Cup upsets keep US on their toes ahead of Portugal match
▼ + stars: | 2023-07-31 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

On paper, it would appear that the top-ranked Americans should have every advantage over the Portugal team ranked 20 rungs beneath them at Tuesday's showdown at Eden Park. "Rankings mean nothing in the World Cup," he said. The United States overcame Portugal 1-0 in their last meeting - a 2021 friendly - but Andonovski sees little comparison between the two sides today. Failure to do so would mean missing the knockout stages for the first time in nine World Cup appearances. "Now we see an interesting result every day, every other day, there's something that everybody's shocked (over)."

Persons: Amanda Perobelli, Vlatko Andonovski, Andonovski, Amy Tennery, Philippa Fletcher Organizations: Soccer Football, FIFA, Wellington Regional, United, Portugal, Germany, Vietnam, Thomson Locations: New Zealand, States, Netherlands, Wellington , New Zealand, AUCKLAND, Portugal, Auckland, Colombia, United States, Portuguese, Germany, Vietnam, Dunedin

☆ Companies double down on AI in June-quarter analyst calls
▼ + stars: | 2023-07-31 | by ( Noel Randewich | ) www.reuters.com time to read: +3 min

S&P 500 (.SPX) companies that led in discussion of AI during quarterly conference calls with analysts earlier this year have outdone themselves in their latest quarterly calls. Following Intel's (INTC.O) report late on Thursday, executives and analysts on its call mentioned AI 58 times, up from 15 mentions in its previous call in April. Reuters Graphics Reuters GraphicsParticipants on Alphabet's (GOOGL.O) analyst call on Tuesday mentioned AI 62 times, up from 52 times three months ago. The same day, AI was mentioned 58 times on Microsoft's (MSFT.O) call, up from 35 times in its previous call. Technology heavyweights account for the conference calls with the greatest discussion of AI so far this quarter, but businesses not widely viewed as "tech companies" have also talked heavily about AI.

Persons: Aly, Equifax, Noel Randewich, Aurora Ellis Organizations: Artificial Intelligence, REUTERS, Intel, Nvidia, Reuters Graphics Reuters, Nasdaq, Reuters, Technology, Moody's Corp, P Global Inc, Travelers Companies, Omnicom, Digital Realty, Thomson Locations: Shanghai, China

☆ The music industry is now driven by data, but this CEO still makes decisions based on 'gut feel and instinct'
▼ + stars: | 2023-07-29 | by ( Chris Johnston | ) www.businessinsider.com time to read: +7 min

Mushroom Records was founded in Australia in the 1970s by Michael Gudinski. Kylie Minogue started her recording career on Mushroom Records. Mariano Regidor/Getty ImagesWhile many decisions in the music business are now driven by data, "gut feel and instinct" remain part of the equation for his company at least. Kylie Minogue performs at the Mushroom Records 25th anniversary concert in Melbourne in 1998. Michael Gudinski founded Mushroom Records in 1972.

Persons: Michael Gudinski, Matt, Matt Gudinski, it's, That's, Beyonce, Taylor Swift, Ed Sheeran, TayTay, Matt Jelonek, that's, Kylie Minogue, Jimmy Barnes, Vance Joy, Madonna, Don Arnold, Gudinski, Michael, Minogue, Sheeran, Sting, Bruce Springsteen, Mariano Regidor, – I'm, Martin Philbey, Mushroom's, There's, Mushroom Organizations: Mushroom Records, Morning, YouTube, Mushroom Group, Touring, Getty, Victorian, ABC, Mushroom, Spotify, Universal Music, Coldplay, Universal Locations: Australia, New Zealand, Perth, Melbourne, Madrid, Spain, Europe, North America

☆ Airlines report soaring profits amid travel demands
▼ + stars: | 2023-07-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

CNN —International airlines have reported significant profits this year, boosted by strong demand for leisure travel – and events, such as the World Cup, which gave Qatar Airlines an enormous lift. On Thursday, International Airlines Group, which includes Aer Lingus and British Airways, announced a record profit of about $1.4 billion for the first half of the year. “Customer demand remains strong across the Group, particularly for leisure travel, with around 80% of passenger revenue for the third quarter already booked. Qatar Airways reported a $1.2 billion profit for the past fiscal year, ascribing its strong performance to December’s FIFA World Cup. In its report, Qatar Airways said that, throughout the 2022 World Cup, the company operated around 140,000 flights to bring more than 1.4 million people to Qatar.

Persons: Luis Gallego, Benjamin Smith, Akbar Al Baker, Michael O’Leary, – CNN’s Mostafa Salem, Pierre Meilhan Organizations: CNN — International, Qatar, International Airlines Group, Aer Lingus, British Airways, KLM Group, Amsterdam Schiphol Airport, Olympic, Paralympic Games, Air, Qatar Airways, KLM, FIFA, Ryanair, Europe’s Locations: AirFrance, Amsterdam, France, Air France, Qatar

☆ Keira Walsh injury overshadows England's 1-0 win over Denmark
▼ + stars: | 2023-07-27 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —England’s 1-0 win over Denmark at the Women’s World Cup on Friday was overshadowed by a serious-looking injury sustained by its star midfielder Keira Walsh who had to be stretchered off in the first half. Williamson, Mead and Walsh played major roles in England’s Euro 2022 title win. James and her teammates celebrates England's goal against Denmark. Knowing a win would secure its spot in the knockout phase of the tournament, Denmark ramped up the pressure on England’s goal, but was unable to find a way past Mary Earps. Initially China midfielder Zhang Rui was given a yellow card for a challenge on Sherly Jeudy.

Persons: CNN —, Keira Walsh, Lauren James, Walsh –, ”, Walsh, Leah Williamson, Beth Mead, Williamson, Mead, James, Justin Setterfield, Denmark ramped, Mary Earps, Amalie Vangsgaard’s, Earps, Sarina Wiegman, Wiegman, Banyana Banyana, Linda Motlhalo, Thembi Kgatlana, Kgatlana, Sophia Braun, Argentina's, Joe Allison, Núñez, Zhang Rui, Mondésir, – Melchie Dumornay, Wang Shuang, Dumornay, Zhu Yu, Maddie Meyer, Mathurin, Zhang Linyan, Wang Organizations: CNN, Denmark, BBC, ”, South, FIFA, Group, China, Lyon Locations: Barcelona, England, Denmark, China, ” Argentina, Africa Argentina, South Africa, Dunedin , New Zealand, Argentina, Africa, Sweden, Italy, South, Haiti, Adelaide

☆ Opinion | The Church of Group Fitness
▼ + stars: | 2023-07-26 | by ( Jessica Grose | ) www.nytimes.com time to read: +3 min

Some talked about clubs that formed organically in their neighborhoods or towns, like that Colorado hiking group. But they found community — and more — in CrossFit, a group class that involves a variety of high-intensity exercises and weight lifting. CrossFit also has parallels with some religious organizations in terms of the potential to alienate people who disagree with conservative-aligned beliefs. Petrzela described an unsavory side of group fitness involving entitled star instructors and the businesses that profit from them. Still, there are many positives to glean from group fitness.

Persons: Jeffrey Johnson, Louis, ” Johnson, ” Casper ter Kuile, ”, Johnson, CrossFitters, There’s, CrossFit, Greg Glassman, George Floyd, Covid, Natalia Mehlman Petrzela, Petrzela, Ter Kuile, Angie Thurston Organizations: Harvard Divinity School Locations: Colorado, Illinois, St, Haiti, CrossFit

☆ Focus: In Mexico, private cash races to plug nearshoring energy crunch
▼ + stars: | 2023-07-26 | by ( Isabel Woodford | Thomson Reuters | Isabel Is A British-Spanish Journalist Based In Mexico City. She Joined Reuters In As Part Of The Latin America News Hub | ) www.reuters.com time to read: +7 min

Sergio Arguelles, president of the Mexican Association of Private Industrial Parks (AMPIP), said parks' investment in state energy assets today is unprecedented. "Mexico would be very well positioned to take advantage of nearshoring if it didn't have such an energy problem," he said. THE SHRINKING STATEMexico's approach to its groaning electricity grid is in contrast to its fast-growing peers, which tend to either incentivize private energy contractors or have state utility companies with deep pockets. Still, there is some hope for the new wave of 47 planned industrial parks. Yet critics say Mexico's push for state control over energy distribution while also neglecting it is self-sabotage.

Persons: Daniel Becerril, Sergio Bermudez, Barbie, Mattel, Bermudez, …, Eduardo Martinez, Sergio Arguelles, Aaron Gallo, Gallo, Andres Manuel Lopez Obrador's, David Gantz, Electrobras, AMPIP's Arguelles, Lopez Obrador, Ramses Pech, Hans Joachim Kohlsdorf, Zonia Torres, Alfredo Nolasco, Isabel Woodford, Marguerita Choy Organizations: Federal Electricity Commission, REUTERS, MEXICO CITY, Unilever, Mexican Association of Private Industrial Parks, American Industries, Industries, CFE, U.S, Baker Institute, Thomson Locations: Mexico's, Santa Catarina, Monterrey, Mexico, MEXICO, Nuevo Leon, Brazil, Guanajuato

☆ Women’s World Cup: Three Contenders Look to Make Their Move
▼ + stars: | 2023-07-26 | by ( Andrew Das | The New York Times | ) www.nytimes.com time to read: +4 min

The next stretch of games in the Women’s World Cup will see several favorites to win the tournament look to build some momentum — or, in Canada’s case, find some — and display the dominance for which they’re known. Spain, which cruised in its opener, will look to repeat the feat just like Japan did on Wednesday in its win over Costa Rica, 2-0. Spain opened the World Cup in impressive style against Costa Rica. “We weren’t always clicking on the field,” the United States co-captain Alex Morgan said this week. And therein lies the problem facing the United States: that sturdiness, discipline and organization will be tough to break down.

Persons: Hazel Nali, Catherine Musonda, doesn’t bode, Alexia Putellas, Christine Sinclair, “, Bev Priestman, ”, m. E Organizations: Nigeria, Ireland, New Zealand, Vietnam, Ireland Ireland, Australia, Canada, ”, Japan, Costa Rica Japan’s, Zambia Locations: Canada, Spain, Japan, Costa Rica, New, United States, Zambia, Australia, Ireland, JAPAN

If the Black Sea is closed, the Danube is one of the main routes which we will need to use," he told Reuters by phone. Police said Danube grain warehouses had been hit on Monday in a drone attack along with tanks for storing other cargo. Since Monday's air strikes, the Danube channel has seen shipping disruptions, although it was unclear why there was a slowdown of vessel traffic. INSURANCE RATES RISEInsurance sources have said war risk cover for Ukraine's ports that was part of the defunct Black Sea grain deal had been suspended with some insurance providers reviewing provisions for Danube ports. The attack on the Danube infrastructure followed a week of Russian strikes that hit grain-related infrastructure at Odesa's main ports.

Persons: Russia's, Denys Marchuk, Carlos Mera, Mera, Marchuk, Danilov, Olena Harmash, Sybille de La, Tom Balmforth, William Maclean Organizations: Ukrainian Agrarian, Reuters, Police, EU, Romania, Agri Commodities Markets Research, Rabobank, Insurance, Kyiv, Russia, CMA CGM, National Security, Defence Council, Thomson Locations: KYIV, Moscow, Odesa, Reni, NATO, Russia, Izmail, Ukraine, China, Chornomorsk, Ukrainian, Italy, Kyiv, Western, Paris

ReutersBEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. Here are some winners to watch The U.S. investment bank most recently cut its China GDP forecast in July to 5%, down from 5.5% previously. In June, the World Bank raised its forecast for China's growth this year to 5.6%, up from 4.3% previously. The International Monetary Fund in April raised its forecast for China's GDP to 5.2%, up from 4.4% previously. Among the six investment firms CNBC looked at, the highest China GDP forecast so far this year was JPMorgan's 6.4% figure — when the bank adjusted for the second time in April alone.

Persons: Morgan Stanley, Nomura, Goldman Sachs, Logan Wright, Shehzad Qazi, Qazi Organizations: Reuters, Reuters BEIJING – International, JPMorgan, CNBC, Citi, Beijing, Citi's, UBS, National Bureau, Statistics, U.S, Chinese Communist Party . Investment, Bank, International Monetary Fund, Monetary Fund Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, Beijing, New York

BEIJING, July 24 (Reuters) - China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once used to attract overseas money. With their coffers depleted after an economically bruising pandemic and property crisis, local authorities have been racing to find new revenue sources, with foreign investment particularly coveted. He cited five meetings between their London office and delegations from Chinese local governments in late June. PART OF THE SYSTEMLocal authorities carry out a delicate balancing act when courting foreign investment and dealing with critical questions about Xi's security policies. "As far as the macro situation is concerned, local governments can't do anything to reassure foreign investors.

Persons: Premier Li Qiang, Kiran Patel, Xi Jinping's, Noah Fraser, it's, Li Qiang, Agatha Kratz, Joe Cash, Brenda Goh, Sam Holmes Organizations: Premier, China - Britain Business Council, China's Ministry of Commerce, Canada China Business Council, Communist Party, Thomson Locations: BEIJING, China, Sichuan, Chaozhou, Shanghai

☆ Across rural America, data center development booms as investors race to cater to artificial intelligence
▼ + stars: | 2023-07-21 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Data center development is booming and AI is expected to stoke already growing demand. Demand is sapping power grids in major markets and pushing data center development across the US. The project's neighbors include Google, Meta, Microsoft, and Amazon – all of whom have similar plans, or are already underway with major data center projects. The message came after a torrid period of growth by the data center industry in that region. Wes Swenson, Nova's CEO, said the Reno region was becoming increasingly popular for data center development because of its access to power.

Persons: Matt McCollister, Martin Peck, Lincoln Rackhouse, Peck, Blackstone, Jonathan Gray, Drew Angerer, Bard, Gray, Pat Lynch, Robbie Sovie, Sovie, Georgia Power, Skybox, Rob Morris, Morris, George Frey, Novva, Wes Swenson, Nova's, Swenson, CBRE, Lynch Organizations: stoke, Lincoln Property Company, Harrison Street, Google, Meta, Microsoft, Amazon, Lincoln, Carrier, QTS, Dominion Energy, Dominion, Washington DC, APS, QuadReal, Georgia, Reuters, Data Centers, CIM Group Locations: Ohio, New Albany, Columbus, Northern Virginia, Dallas, Phoenix, Silicon Valley, Chicago, Virginia, Loudoun County, Washington, Arizona, Southwest, Lithia Springs , Georgia, Atlanta, Vancouver, Hutto , Texas, Austin, Eagle Mountain , Utah, Reno , Nevada, Storey County, Reno, Silicon, Salt Lake City, West Jordan , Utah, CBRE

☆ Swedish embassy in Baghdad stormed, set alight over Quran burning plans
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: +2 min

Supporters of Iraqi Shiite cleric Moqtada al-Sadr gather for a protest outside the Swedish embassy in Baghdad on July 20, 2023. Hundreds of protesters stormed the Swedish embassy in central Baghdad early on Thursday, scaling its walls and setting it ablaze in protest against the expected burning of a Quran in Sweden. Swedish Foreign Minister Tobias Billstrom said embassy staff were safe but that Iraqi authorities had failed in their responsibility to protect the embassy in accordance with the Vienna Convention. Swedish police denied several applications earlier this year for protests that were set to include burning the Quran, citing security concerns. "Yes, yes to the Quran," protesters chanted.

Persons: Moqtada al, Sadr, Tobias Billstrom, Muqtada Sadr, STT Organizations: Swedish, Vienna Convention, TT, Telegram Locations: Swedish, Baghdad, Sweden, Vienna, Finnish, Stockholm, Iraqi

"I am worried because we are in a deep real estate crisis. And the real estate crisis needs clear, structured and downright radical steps to fix it," Mattner said. For years, Germany's property market has been seen as a safe haven, becoming a major draw for foreign investors. Recent data shows the stress the property sector is facing as the European Central Bank hikes interest rates, with little respite in sight. The fall is "catastrophic," said Andreas Beulich, head of the Federal Association of Independent Real Estate and Housing Companies.

Persons: Kai Pfaffenbach, Chancellor Olaf Scholz, Andreas Mattner, Mattner, Tim, Oliver Mueller, Mueller, Scholz, Danyal, Andreas Beulich, Mathias Duesterdick, ”, Andreas Naujoks, Simone Zapke, Emma, Victoria Farr, Matthias Inverardi, Sharon Singleton Organizations: REUTERS, German Property Federation, German Construction Industry Federation, Reuters Graphics, European Central Bank, Federal Association of Independent, Housing Companies, Centrum Group, ECB, Thomson Locations: Frankfurt, Germany, Germany's, Europe's, Kai Pfaffenbach FRANKFURT, Baden, United States, Sweden

Swedish news agency TT reported on Wednesday that Swedish police granted an application for a public meeting outside the Iraqi embassy in Stockholm on Thursday. "Yes, yes to the Koran," protesters chanted. [1/5]Protesters clash with security forces members as they gather near the Swedish embassy in Baghdad hours after the embassy was stormed and set on fire ahead of an expected Koran burning in Stockholm, in Baghdad, Iraq, July 20, 2023. Late last month, Sadr called for protests against Sweden and the expulsion of the Swedish ambassador after the Koran burning in Stockholm by an Iraqi man. Two major protests took place outside of the Swedish embassy in Baghdad in the aftermath of that Koran burning, with protesters breaching the embassy grounds on one occasion.

Persons: Muqtada Sadr, Baghdad's, Ahmed Saad, Sadr, Timour Azhari, Anna Ringstrom, Tom Hogue Organizations: Telegram, REUTERS, Sweden, United Arab, United, Thomson Locations: BAGHDAD, STOCKHOLM, Swedish, Baghdad, Sweden, Stockholm, Iraq, Iraqi, Turkey, United Arab Emirates, Jordan, Morocco, United States, Lincoln

Swedish Foreign Minister Tobias Billstrom said staff at the Swedish embassy in Baghdad were safe but Iraqi authorities had failed in their responsibility to protect the embassy. Thursday's demonstration was called by supporters of Shi'ite cleric Muqtada al-Sadr to protest at the second planned Koran burning in Sweden in weeks, according to posts in a Telegram group linked to the influential cleric and other pro-Sadr media. He stood by the embassy storming on Thursday, telling a press conference the U.S. "has no right to condemn the burning of the Swedish embassy but should have condemned the burning of the Koran". "Yes, yes to the Koran," protesters chanted. Sweden has seen several Koran burnings in recent years, mostly by far-right and anti-Muslim activists.

Persons: Tobias Billstrom, Sayyed Hassan Nasrallah, Mohammed Shia Al, Billstrom, Muqtada al, Moqtada al, Read, Tayyip Erdogan, Ulf Kristersson, Timour Azhari, Anna Ringstrom, Supantha Mukherjee, Johan Ahlander, Marie, Louise Breusch Rasmussen, Ahmed Rasheed, Tom Hogue, Tom Perry, Lincoln, Bernadette Baum, William Maclean, Alison Williams, Cynthia Osterman Organizations: NATO, Sweden's Ericsson, State Department, Telegram, Turkish, Sweden's, Islam, Marie Mannes, Thomson Locations: Iraq, BAGHDAD, STOCKHOLM, Swedish, Stockholm, Baghdad, Iraqi, Sweden, Tehran, Turkey, Washington, Sadr, Copenhagen

☆ Stocks making the biggest moves after hours: Interactive Brokers, Western Alliance, Omnicom and more
▼ + stars: | 2023-07-18 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Interactive Brokers — Interactive Brokers slid 2.6% after the brokerage firm's second-quarter earnings missed estimates. The firm reported adjusted earnings of $1.32 per share, weaker than consensus estimates of $1.40 per share, according to Refinitiv. Carvana said Tuesday it will post second-quarter earnings results on Wednesday, moving the date of its report up from August 3. The global marketing company posted second-quarter revenue of $3.61 billion, lower than forecasts of $3.67 billion, according to consensus estimates from FactSet. Western Alliance Bancorp — The regional bank stock declined about 5% after Western Alliance posted second-quarter results.

Persons: Carvana, Refinitiv Organizations: Omnicom Group, Hunt Transport Services —, Hunt Transport Services, Western Alliance Bancorp, Western Alliance, Revenue Locations: FactSet, Refinitiv

☆ China is telling anyone who'll listen it's open for business again – but its economy has a Xi Jinping problem
▼ + stars: | 2023-07-18 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

China is signaling to the rest of the world that it's open for business again. Both Elon Musk and Janet Yellen have made trips to Beijing recently. But less money is flowing into the country – with foreign investors likely alienated by Xi Jinping's authoritarianism. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Spooked investors responded by dumping Chinese stocks in a $6 trillion blowout, while the onshore Chinese yuan dropped against the US dollar.

Persons: Elon Musk, Janet Yellen, Xi, Li Qiang, John Kerry, Mark Mobius, he'd Organizations: Service, Privacy, China, Tesla, Communist Party, Bain, Co, Big Tech Locations: China, Beijing, Wall, Silicon, Tianjin, Shanghai, West

☆ Banks with at least $100 billion in assets could face higher capital limits
▼ + stars: | 2023-07-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Banks with at least $100 billion in assets would be subject to similar regulation that banks with $700 billion in assets currently face, under Barr’s proposal. These regulations would force banks to hold an additional two percentage points of capital, or an additional $2 of capital for every $100 of risk-weighted assets, Barr said. “Our recent experience shows that even banks [with at least $100 billion in assets] can cause stress that spreads to other institutions and threatens financial stability,” Barr in remarks at the Bipartisan Policy Center. Requiring banks to hold more capital could help mitigate risks that arise when banks are under stress. Barr on Fed’s fight against inflationIn addition to discussing bank regulation, Barr also spoke about the Fed’s plans to get inflation down.

Persons: Michael Barr, Banks, Barr, “, ” Barr, SVB, Kevin Fromer, ”, Dennis Kelleher Organizations: New, New York CNN — Federal, Center, Valley Bank, Financial Services, Wall, Better, CNN Locations: New York

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