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Officials from the United States, the United Kingdom and France will raise Iran‘s apparent provision of drones to Russia in a closed door meeting of the United Nations Security Council on Wednesday, a U.S. official confirmed to NBC News. “Iran’s supply of these specific types of UAVs to Russia is a violation of UN Security Council resolution to 2231 and it is this issue for the U.N. Security Council,” State Department Deputy Spokesperson Vedant Patel told reporters Tuesday. Zelenskyy described the apparent move by Russia to acquire Iranian-made drones as an “admission by the Kremlin that it is militarily and politically bankrupt. The official also said the drones launched by Russia inside Ukraine appeared to come from Iran. Iran has denied the claim that it has delivered drones to Russia for use in the war against Ukraine.
John Lee, Hong Kong's chief executive, arrives to deliver his policy address at the Legislative Council in Hong Kong on Oct. 19, 2022. Hong Kong Chief Executive John Lee on Wednesday announced plans to attract talent and investment to the city. Hong Kong has lost thousands of residents since the pandemic started, worsening a "brain drain" from the international financial hub. Apart from actively nurturing and retaining local talents, the government will proactively trawl the world for talents," according to an official transcript of his speech. Hong Kong's housing prices have seen quarterly declines since the third quarter of last year, according to the Rating and Valuation Department.
A pedestrian looks at Japanese companies' share prices of the Tokyo Stock Exchange displayed on an electronic board in Tokyo on April 30, 2021. Shares in the Asia-Pacific inched higher on Wednesday following a second day of gains in major U.S. indexes. The Japanese yen remained above 149 against the U.S. dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally higher. China was due to release home prices data Wednesday, but the release has been delayed.
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific traded higher on Tuesday after Wall Street's rally overnight. Japan's yen touched 149.08 against the dollar and was last trading near 148.90. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.46%. The unusual move comes as the Communist Party of China holds its 20th National Congress.
The spin-out structure would make it easier and faster for Kroger and Albertsons to divest stores if they cannot easily sell them outright, people familiar with the arrangement said. The companies may struggle to find many buyers because Albertsons' stores are unionized, making them less attractive to potential bidders such as private equity firms. Kroger and Albertsons are likely to shed their least profitable stores and keep the best ones to themselves, analysts said. That region contains the most store-overlap between Kroger and Albertsons and is where divestitures are most likely, according to analysts. They intend for the spun-off company to not carry any debt, the sources added.
Asia-Pacific markets slip as recession fears weigh
  + stars: | 2022-10-17 | by ( Abigail Ng | ) www.cnbc.com   time to read: +1 min
Pedestrians walk in front of an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on March 7, 2022. Shares in the Asia-Pacific fell on Monday as recession fears weigh in over expectations of continued tighten monetary policies around the world. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.6% lower. Later in the week week, several countries in the region are slated to report inflation data, while Australia will release unemployment statistics and China will announce its loan prime rate decision. U.S. stocks closed the previous week lower after a University of Michigan survey showed inflation expectations were increasing.
SACRAMENTO, Calif. — California’s governor blocked the parole of Charles Manson follower Patricia Krenwinkel on Friday, more than five decades after she scrawled “Helter Skelter” on a wall using the blood of one of their victims. Gavin Newsom said Krenwinkel, now 74, is still too much of a public safety risk to be freed. Newsom has previously rejected parole recommendations for other followers of Manson, who died in prison in 2017. She forced the other women in the cult to obey Mr. Manson, and prevented them from escaping when they tried to leave,” he said. “We all come from homes with problems and didn’t decide to go out and brutally kill seven strangers,” Tate told parole officials.
Dollar Rent A Car charged a customer $768 for a vehicle she had not picked up. Eason rented a car from Hertz, which also owns Dollar, and couldn't understand the double charge. "This is a business establishment that stole my identity and failed to secure my credit card information ... someone put miles on that car," Eason told Insider. And if I decided to refinance my home, I wouldn't get a good interest rate because of my credit score," she said. Eason added that because she works as a real estate appraiser, her credit score could threaten her employment.
From a broader national perspective, a combined Kroger and Albertsons does not pose any major threat to the competitive dynamics of the market." Kroger said it expects to reinvest about half a billion dollars of cost savings from deal synergies to reduce prices for customers. "The merger will accelerate our position as a more compelling alternative to larger and non-union competitors," Kroger Chief Executive Officer Rodney McMullen said. Goldman Sachs and Credit Suisse were the financial advisors to Albertsons, while Citigroup and Wells Fargo advised Kroger. Kroger will have to pay Albertsons $600 million if the deal is terminated.
You might see "This person is unavailable on Messenger" if you can't Facebook message someone. For example: What does it mean when the Messenger app tells you "This person is unavailable on Messenger?" If you're seeing this message in your conversation with someone on Messenger, it means that you can't chat with them — obviously. There are a few reasons why you may be seeing this message when trying to chat with a Facebook friend. Your friend's account doesn't exist anymoreIf the person you're trying to reach has deactivated their Facebook or Messenger account, or Facebook has suspended their account, you won't be able to message them.
Singapore's GDP for the third quarter beat estimates, and its central bank tightened policy as expected. Singapore's economy grew more than expected in the third quarter from the same period last year, according to advance estimates released by the government on Friday. Separately, the country's central bank tightened monetary policy for the fifth time in the past year, in line with expectations. The Southeast Asian country avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a 0.2% contraction in the second quarter from the first quarter. The Ministry of Trade and Industry in August narrowed Singapore's GDP forecast for 2022 to 3% to 4%, compared to an its previous forecast of 3% to 5%.
An employee works at the Tokyo Stock Exchange in Tokyo, Japan, on Jan. 13, 2022. Shares in the Asia-Pacific jumped on Friday, taking the lead from Wall Street overnight as investors shook off a strong inflation report. The Nikkei 225 in Japan was 2.37% higher in early trade, while the Topix gained 1.74%. Japan's yen plunged to its lowest levels against the U.S. dollar since 1990 overnight before paring losses, and still trading at 147-levels. Singapore's GDP grew 4.4% in the third quarter and is expected to further tighten its monetary policy.
While recording a TikTok voiceover you can add effects to change the sound of your voice. To easily access your TikTok sounds, save them to your Favorites tab to use them in future videos. Tap Record, then record your voiceover. Alternatively, tap Use this sound to create a new TikTok video using your custom sound. Abigail Abesamis Demarest/InsiderTips for creating sounds on TikTok Ready to go viral on TikTok and quit your day job?
If your Apple Watch isn't pairing, you'll see a red iPhone icon or red X on your watch face. When your Apple Watch isn't paired to your iPhone, the number of features it has decreases dramatically. The good news is that — in most cases — Apple Watch pairing issues can be fixed in a matter of minutes. Unpair your iPhone and Apple Watch, then pair them againIn the Watch app on your iPhone, tap All Watches, the information button next to your Apple Watch, then Unpair Apple Watch. Abigail Abesamis Demarest/InsiderNow everything should be just like new, and you'll be able to pair your Apple Watch and iPhone.
Saudi Arabia has suggested the United States asked it to wait a month before cutting oil production, defending a move heavily criticized by the White House as helping Russia's war in Ukraine. Bandar Al-Jaloud / AFP - Getty ImagesAs the de facto head of OPEC+, Saudi Arabia rejected that appeal, with the alliance instead announcing earlier this week it would be cutting global supply by 2 million barrels. John Kirby, National Security Council coordinator for strategic communications, said that Saudi Arabia was trying to "spin and deflect" on the issue. "Other OPEC nations communicated to us privately that they also disagreed with the Saudi decision, but felt coerced to support Saudi’s direction." Like many Western governments, Washington has long sought to balance reliance on Saudi Arabia, the world's second largest oil producer, with holding it to account on human rights.
Hawley says GOP leaders should make banning congressional stock trading their top priority. Congressional Democrats have floated various trading bans but haven't found a unifying fix. How about Congress pass an actual stock trading ban?" Fellow stock trading ban advocate Sen. Jeff Merkley announced a few weeks earlier that Senate Democrats were punting their own compromise bundle into the lame-duck session. Hawley's stock trading proposal, which only applies to congressional members and their spouses, currently has no cosponsors and is less comprehensive than many of the languishing Democratic proposals.
A man looks at an electronic quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on August 2, 2022. Shares in the Asia-Pacific were mixed on Thursday as investors await inflation data from the U.S. due later stateside. The Nikkei 225 in Japan was fractionally lower and the Topix was down 0.28%. Japan's yen strengthened in Asia's morning after touching 146.98 per dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was just above the flatline.
In this photo illustration, the British pound is seen displayed. Karol Serewis | Lightrocket | Getty ImagesThe British pound on Wednesday morning recovered losses following a Financial Times report that said the Bank of England is privately signaling a willingness to extend its emergency bond-buying program. The Bank of England did not immediately respond to CNBC's request for comment on the FT's report outside of office hours. The pound fell as low as $1.0922 in Asia's morning trade before popping to $1.106 after the FT report was published. If bond purchasing is stopped, "additional measures should be put in place to manage market volatility," it added.
Asia-Pacific markets were mixed on Wednesday amid concerns over the global economy and ahead of the Bank of Korea's rate decision. The Nikkei 225 in Japan was lower by about 0.2% while the Topix lost 0.15%. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed. South Korea's central bank is expected to raise interest rates by 50 basis points to 3% on Wednesday, according to a Reuters poll. The Korean won last changed hands at 1,432.30 per dollar.
Typically, banks would sell the debt to investors and pocket an underwriting fee. Elon Musk vs TwitterThe debate, currently a topic of conversation among investment bankers and debt investors, provides a window into the havoc wreaked on Wall Street by Musk’s U-turn last week. Musk, however, conditioned his proposal on his ability to secure debt financing and now has until Oct. 28 to close on the transaction. VARIOUS OPTIONSThe debt financing package is comprised of leveraged loans, which are risky because of the amount of debt the company is taking on, as well as secured and unsecured bonds. In September, banks financing the Citrix buyout undertook a similar restructuring.
NEW YORK, NEW YORK - SEPTEMBER 20: Abigail Disney speaks at Firehouse DCTV's Cinema For Documentary Film Ribbon Cutting Ceremony on September 20, 2022 in New York City. "How can you call a company successful when people are suffering?" Just Capital, the ESG research nonprofit that produces the polling of the American public on corporate issues of importance, ranks Disney No. According to a June article from entertainment publication The Wrap, Abigail Disney is gearing up for another shareholder fight next year against the pay of current Disney CEO Bob Chapek, whose compensation doubled last year to $32.5 million. Watch the ESG Impact video below for more of the Disney heiress and shareholder's views on CEO compensation and worker pay.
Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan. Shares in Asia-Pacific were mixed on Tuesday as investors weigh the impact of monetary policy and economic uncertainty. Japan and South Korea's markets resumed trading after a holiday on Monday. In South Korea, the Kospi fell 2.26% and the Kosdaq shed 3%. "Equities continue to sell off as the impact of tighter monetary policy spooks investors," ANZ Research analysts wrote in a note Tuesday.
The rush to flash pro-cop credentials shows that Democrats anticipated a fresh wave of Republican attacks on crime and policing that are landing in House, Senate and state-level races. During the 2020 election, then-President Donald Trump warned voters that Democrats would be soft on crime and endanger communities. His aides said that the line of attack motivated base Republican voters and helped swing voters — particularly Latino voters in Florida and Texas — in the GOP’s direction. But some Democrats have decided the best answer this year is silence: Polls show crime just isn't a good issue for their party. Many Democratic candidates continue to focus on policy areas where more voters trust Democrats than Republicans to do a better job, including abortion, education and protecting democracy.
Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today. Jeremy Siegel Wharton professorOfficial data, which typically lags by a month, may not immediately show the changes happening in the real economy, he said. "Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today." "I think that that is way, way too high — given the policy lags, that really would force a contraction," he said. "But my feeling is that when I look at sensitive commodity prices, asset prices, housing prices, even rental prices, I see declines, not increases," he said.
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. U.S.-China tensions have pushed Beijing to be more self-sufficient, and that could be a good thing for innovators in China, according to an investment specialist at JPMorgan Asset Management. In the mid-1990s, Chinese companies were mostly mass market manufacturers of "commoditized goods," he added. "I think that the geopolitical tension you're talking about will just actually supercharge that — because China needs to do these things itself, and they will carry on with progress in that area."
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