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☆ You don't need a property to be an Airbnb host. Here's how to earn 5-star Airbnb experience reviews from 2 local tour guides.
▼ + stars: | 2023-07-10 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

Brewer said her Grand Canyon tours stood out because she'd drive guests from Phoenix to the national park in her van. Her Grand Canyon day tour has 666 reviews and an average rating of 4.97, while her tour of Antelope Canyon has 103 five-star reviews. Brewer started tours based on her own knowledge of the area, then picked up extra tidbits from speaking to park rangers and listening to the local radio station every day. Brewer doesn't ask people to leave reviews to avoid being "pushy," but she sometimes mentions her Instagram if it comes up in conversation. "The people that are going to leave reviews are people that are inspired on their own to leave a review," she said.

Persons: Naala Brewer, Brewer, Greg McQuaid, McQuaid, he'd, I'd, It's, Brewer doesn't, cohosts Organizations: Airbnb's, Bay Area, California Gold Rush, PayPal Locations: Airbnb, Arizona, Phoenix, Lechee , Arizona, San Francisco, Bay

☆ Amazon Union Dissidents, in Challenge to Leader, Move to Force Vote
▼ + stars: | 2023-07-10 | by ( Noam Scheiber | More About Noam Scheiber | ) www.nytimes.com time to read: +1 min

On Friday, the reform caucus sent the union’s leadership a letter laying out its proposal to hold prompt elections, saying it would go to court Monday if the leadership didn’t embrace the proposal. The group said in its letter that enacting the proposal could “mean the difference between an A.L.U. which is strong, effective, and a beacon of democracy in the labor movement” and “an A.L.U. which, in the end, became exactly what Amazon warned workers it would become: a business that takes away the workers’ voices.”Mr. Smalls said in his text that the union leadership had worked closely with its law firm to ensure that its actions were legal, as well as with the U.S. Labor Department. Jeanne Mirer, a lawyer for the union, wrote to a lawyer for the reform caucus that the lawsuit was frivolous and based on falsehoods.

Persons: Connor Spence, Brett Daniels, Brima, ” Mr, Smalls, Jeanne Mirer, Spence, ” Organizations: Amazon, U.S . Labor Department Locations: Staten

☆ Threads has launched at an opportune time, but it'll be tough to outshine Twitter, analysts say
▼ + stars: | 2023-07-06 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Meta launched Threads social media platform — its answer to Twitter — on Wednesday. 10 million users signed up for Threads in the first seven hours of its launch, per CEO Mark Zuckerberg. Analysts say it could be tough for Threads to outshine Twitter's existing power user base. And even though Threads launching at an advantageous time, at least four Wall Street analysts say it could be challenging to outshine the incumbent. After all, it could be difficult to get Twitter users to move, Billy Duberstein, a portfolio manager at Stone Oak Capital, wrote on the Motley Fool website on Wednesday.

Persons: Meta, Mark Zuckerberg, Elon Musk, Daniel Newman, Newman, hough, witter, ost.News,, ike P roulx,, rove, ames, rian W ieser, Organizations: Twitter, Morning, Elon, Meta, Futurum, Wall Street, otley, NBC

MediaNews Group | The Riverside Press-Enterprise via Getty ImagesOf the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. But suspended sellers, who spent years building their businesses on Amazon, told CNBC they had no idea they were selling stolen products. In an email to CNBC, Amazon said it's working with authorities and doesn't comment "on matters that are the subject of active law enforcement investigations." Tracing the stolen goods supply chainIn tracing the supply chain for suspended sellers, some patterns started to emerge. "Chances are stolen goods or similar ASINs/serial numbers are being bled in to every supply line," the employee wrote.

Persons: Levoit humidifiers, Frank —, Frank, Kenzo Sobrie, Dyson, blenders, they'd, Joe Quinlivan, Sellers, they've, Chris McCabe, Ricky Sala, what's, Sala, he'd, Tien Ngo, Ngo, Stride, Daniel Acker, ASINs, Armen Babayan, illicitly, Babayan, KZ, Juniper, couldn't, Cameron Webb, Kevin Cole, didn't, He's, Sobrie Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Retailers, LG, KZ International, California, Patrol, KZ, CHP, Amazon.com Inc, Amazon Robotics, Bloomberg, Oregon Prep Center, Facebook, FBI, Washington State Office, Ngo Wholesale Distributors, Ngo, Co, Wholesale, Los, Juniper Holdings, Telegram Locations: Eastvale , California, KZ's, Huntington Beach , California, Westborough , Massachusetts, Los Angeles, Miami, The Miami, New York, Washington, Santa Fe Springs, Los Angeles County, Garden Grove, Orange County, California, Huntington Beach, California , Florida, New Jersey

☆ Muslim group says measures needed to prevent Koran desecration
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thaier Al-SudaniCAIRO, July 2 (Reuters) - An Islamic grouping of 57 states said on Sunday collective measures are needed to prevent acts of desecration to the Koran and international law should be used to stop religious hatred after the holy book was burned in a protest in Sweden. A man tore up and burned a Koran outside Stockholm's central mosque on Wednesday, the first day of the Muslim Eid al-Adha holidays. But after the burning, police charged the man who carried it out with agitation against an ethnic or national group. The incident has triggered large protests in Baghdad in front of the Swedish Embassy. Turkey in late January suspended talks with Sweden on its NATO application after a Danish far-right politician burned a copy of the Koran near the Turkish embassy in Stockholm.

Persons: Thaier, Sudani, Hissein Brahim Taha, Omar Abdel Razek, Adam Makary, Lisa Barrington, David Goodman, Alison Williams Organizations: REUTERS, of Islamic Cooperation, NATO, Swedish Embassy, Thomson Locations: Swedish, Stockholm, Baghdad, Iraq, Sudani CAIRO, Sweden, Saudi Arabia's Jeddah, Turkey, United States, Danish, Turkish

☆ Hong Kong pro-democracy radio closes in face of "dangerous" pressure
▼ + stars: | 2023-06-30 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +3 min

HONG KONG, June 30 (Reuters) - Hong Kong's pro-democracy online Citizens' Radio station will cease operations on Friday owing to what its founder described as a "dangerous" political situation and the freezing of its bank account. Tsang also said his radio station's bank account had been frozen, without giving specifics. Hong Kong authorities have repeatedly said that media freedoms are respected and enshrined in city laws. In 2019, four masked men wielding bats and hammers barged in to the radio station after smashing through its glass door. Hong Kong returned to Chinese rule in 1997 under a "one country, two systems" agreement aimed a preserving its freedoms for 50 years.

Persons: Kong's, Tsang Kin, Tsang, Hong, Cédric Alviani, OFCA, Jimmy Lai, Hong Kong, Jessie Pang, James Pomfret, Robert Birsel Organizations: Citizens, Apple Daily, Radio, Media, Hong Kong, Communications Authority, Reuters, Thomson Locations: HONG KONG, Hong, China, Hong Kong, East Asia

☆ China's biggest online travel agency to pay employees 1 billion yuan to have kids
▼ + stars: | 2023-06-30 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +2 min

The company, one of the world's largest online travel agencies, with 400 million users, said it would pay a parental cash subsidy of 10,000 yuan annually for five years for every child born to its employees worldwide. The programme will cost about 1 billion yuan, the company said. "I have always suggested that the government give money to families with children, especially multiple children, to ... help more young people fulfil their desire to have multiple children," Trip.com executive chairman James Liang said in a statement. China's birth rate last year fell to 6.77 births per 1,000 people, from 7.52 births in 2021, the lowest on record. Young people cite high childcare and education costs, low income, a weak social safety net and gender inequality, as discouraging factors.

Persons: James Liang, demographers, Young, Liang, Casey Hall, Gerry Doyle Organizations: Trip.com, HK, Authorities, Thomson Locations: SHANGHAI, China

BEIJING, June 29 (Reuters) - The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group showed, with Angola alone receiving two thirds of deferrals despite China backing multilateral efforts to standardise support for poor countries. As the world's largest bilateral creditor, China is central to talks on making tangible progress in providing debt relief to emerging and frontier markets through the Group of 20-led "Common Framework" as well as the World Bank and International Monetary Fund (IMF). And although debtor countries did secure a large volume of deferrals in 2021 - the year the World Bank's Debt Service Suspension Initiative (DSSI) morphed into the G20's Common Framework - that fails to explain fully the sharp drop in the value of Chinese debt relief since. China's most visible action on debt relief was writing off zero-interest loans, the report added, while warning that fewer such loans will be available for China to write off in the coming years. Reporting by Joe Cash; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Cash, Chizu Organizations: World Bank, International Monetary Fund, IMF, Thomson Locations: BEIJING, Angola, deferrals, China, Pakistan, Kenya, Republic of Congo, Zambia, Chad, Ethiopia, Ghana

☆ These are the top equity income ETFs of the first half
▼ + stars: | 2023-06-27 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The JPMorgan Equity Premium Income ETF (JEPI) attracted a surge of cash last year with its outperformance and yield above 10%, showing that funds that combined equity exposure with income-generating options strategies could find a foothold with investors. QYLG YTD mountain The QYLG ETF has been one of the top equity income ETFs so far this year. JEPI's sister fund, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) , is also a top performer with a return of more than 22% year to date. Another income-focused fund that is having a big year is the YieldMax TSLA Option Income Strategy ETF (TSLY) , which writes calls on the popular electric vehicle stock. Several ETF issuers are now launching similar products to JPMorgan's popular income fund, giving investors more options to find yield without leaving the equity market.

Persons: JEPI's, Bryn Talkington, JEPI, Sara Levin, Levin Organizations: JPMorgan Equity, Nasdaq, JPMorgan Nasdaq Equity, Global, Schwab U.S, WallachBeth

☆ China stares hard at its own lost decade
▼ + stars: | 2023-06-23 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

LONDON, June 23 (Reuters Breakingviews) - China has good reason to hold back on unleashing big stimulus. The central bank has made small cuts to interest rates as everything from credit growth to exports disappoint. For President Xi Jinping, it’s a hard choice between short term gains and his long-term ambition to rebalance the economy. Even if it does issue such bonds, funds may be indirectly used to help poorer provinces repay debt. The Chinese government has set a modest GDP growth target of about 5% for this year after missing its 2022 goal.

Persons: Xi Jinping, Una Galani, Thomas Shum Organizations: Reuters, National Institution for Finance, Development, Wall Street, People's Bank of China, Thomson Locations: China, Beijing

Artificial intelligence algorithms are increasingly being used in financial services — but they come with some serious risks around discrimination. And the problem of amplifying existing biases can be even more severe when it comes to banking and financial services. As for financial services, Manji said a lot of the backend data systems are fragmented in different languages and formats. "Individuals have little knowledge of how AI systems work and that their individual case may, in fact, be the tip of a systems-wide iceberg. Among the top worries industry insiders expressed are misinformation; racial and gender bias embedded in AI algorithms; and "hallucinations" generated by ChatGPT-like tools.

Persons: Nabil Manji, Manji, they've, we're, You've, Banks, Banking's, Rumman Chowdhury, Twitter's, Chowdhury, Angle Bush, Bush, Frost Li, Li, Niklas Guske, Guske, it's, Goldman Sachs, Kim Smouter, Smouter, ethicists Organizations: Photodisc, Getty, Deloitte, CNBC, Microsoft, Google, Black, Artificial Intelligence, Tokyo University, Apple, New York Department of Financial Services, European Network, United Nations Locations: AMSTERDAM, Worldpay, Amsterdam, Chicago, Loup, United

☆ The Windrush generation still struggling to be compensated after Home Office failings
▼ + stars: | 2023-06-22 | by ( Caolán Magee | ) edition.cnn.com time to read: +14 min

In 2018, the Windrush Compensation Scheme was set up to provide compensation to victims of the scandal. The Home Office has not yet responded to CNN’s request for comment on these cases and its wider handling of the Windrush Compensation Scheme. The Windrush Compensation Scheme is an extension of a hostile environment for Black and Brown people.”For some people, any compensation awarded is too late. “We were told compensation was on the way so we could get a carer for my dad – but it was too late,” Abiona told CNN. He is now making a Windrush compensation claim through the Home Office to save up for a headstone for his father’s grave.

Persons: London CNN — Carl Nwazota, Nwazota, –, ”, “, I’m, it’s, Windrush, Britain’s, Theresa May, ” Nwazota, Anna Steiner, ” Steiner, Charlotte Tobierre, Charlotte Tobierre “, you’ve, Thomas Tobierre, Caroline, ” Tobierre, Thomas ’, ” Thomas Tobierre, Steiner, Zita Holbourne, ” Holbourne, Anthony Bryan, Bryan, Chris J Ratcliffe, Janet, Suella Braverman, Alex Cavendish, NurPhoto, Subira Cameron, Goppy, Brown, Ramya, Taiwo Abiona, Stella, Kemi Abiona, ” Abiona, Abiona Organizations: London CNN, Home Office, CNN, Office, British Home Office, Daily Herald, NGO Human Rights Watch, Home, “, Protesters, Windrush, Clinic, Conservative, Royal Mail Locations: London, Wembley, Jamaica, Nigeria, British, Britain, South Asia, Africa, Tilbury, Essex, –

CNN —Welcoming Indian Prime Minister Narendra Modi to the White House this week for a state visit – the most elevated form of American diplomacy – will require President Joe Biden to make certain trade-offs. Yet Modi and India, the world’s largest democracy, also represent a lynchpin in Biden’s strategy in Asia. That, according to officials, was the rationale behind inviting Modi for a state visit, only the third of Biden’s presidency so far. The two leaders will hold a joint news conference – something virtually every state visit over the past two decades has featured – but that was only agreed upon after lengthy, delicate negotiations between the two sides. “We’re just grateful that Prime Minister Modi is going to be participating in a press event at the end of the visit.

Persons: Narendra Modi, Joe Biden, Modi, He’s, India’s, Biden, “ We’re, John Kirby, Jake Sullivan, New Delhi’s, ” Sullivan, “, Barack Obama, Xi Jinping, Donald Trump, Howdy Modi, Emmanuel Macron, Rahul Gandhi, Modi’s, he’s, Pramila, Sen, Chris Van Hollen, Jayapal, ” Modi, Rashida, Ilhan Omar, Alexandria Ocasio, Sullivan, ”, It’s, Russia can’t, Xi, ” Biden Organizations: CNN, Indian, White, Office, National Security, Indian Embassy, White House, Trump, Bharatiya Janata Party, BJP, Rep, Democrat, Maryland Democrat, Reps, State Department Locations: India, Asia, China, Beijing, Ukraine, New, United States, America, Houston, Ahmedabad, Gujarat, Washington, Maryland, Alexandria, Cortez, Russia

Hope but few detailsWorries about China’s economic recovery sent stocks and U.S. futures lower on Tuesday morning, despite a promising meeting on Monday between the country’s top leader, Xi Jinping, and Secretary of State Antony Blinken in Beijing. The discussions raised hopes that the world’s two biggest economies might stabilize relations, but the market reaction points at the deeper challenges for policymakers and business. There was no agreement or detail on the most contentious issues: restrictions on Chinese access to advanced technologies; accusations that the U.S. and its allies want to contain Beijing’s ambitions; Taiwan; the war in Ukraine. “Distrust remains high,” said Noah Barkin, a specialist on China relations at the research firm Rhodium Group. “For international investors, this is not enough to trigger any sort of rethink with regard to the Chinese market.” The Biden administration, he said, would continue screening strategic investments into China and Beijing showed no signs of easing pressure on foreign firms operating in the country.

Persons: Xi Jinping, Antony Blinken, Xi, Biden, Blinken, ”, Noah Barkin Organizations: “ Locations: Beijing, California, Taiwan, Ukraine, China

☆ Omnicom Group to Debut Tool Using Generative AI for Advertising Employees
▼ + stars: | 2023-06-19 | by ( Megan Graham | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/omnicom-group-to-debut-tool-using-generative-ai-for-advertising-employees-4976424

Persons: Dow Jones

☆ ST Engineering's CEO says its MRO business is in a 'sweet spot'
▼ + stars: | 2023-06-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailST Engineering's CEO says its MRO business is in a 'sweet spot'CNBC's Christine Tan tours one of ST Engineering's hangars in Singapore and finds out from Group President and CEO, Vincent Chong, why the company's maintenance, repair, and overhaul business is growing.

Persons: Christine Tan, Vincent Chong Locations: Singapore

☆ OceanGate Expeditions: What we know about the Titanic-exploring submersible missing off Newfoundland coast
▼ + stars: | 2023-06-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

The submersible was part of an eight-day journey conducted by OceanGate Expeditions. It’s still not clear what happened to the submersible, why it lost contact, and how close to the Titanic it was when it went missing. According to OceanGate, Titan is a 23,000-pound submersible made of carbon fiber and titanium. On Pogue’s trip, communications broke down during a dive and the submersible was lost for over two hours, he said. The US Coast Guard is coordinating the search with the US Navy, the Canadian Coast Guard and the Canadian military.

Persons: It’s, ”, John Mauger, Hamish Harding, Hamish, Harding, ” Hamish Harding, Facebook Harding, Paul, Henri, P.H, Nargeolet, Shahzada Dawood, Sulaiman Dawood, Dawood, Roger Chapman, Roger Mallinson, OceanGate, …, David Pogue, CNN Thomas Shugart, didn’t bode, haven’t, they’d Organizations: CNN, Titan, OceanGate Expeditions, United Arab Emirates, Action Aviation, SETI Institute, Dawood Hercules Corporation, Dawood, Authorities, Coast Guard, National Oceanic, Atmospheric Administration, CBS, Titanic, US, Center, New, New American Security, US Coast Guard, US Navy, Canadian Coast Guard, Canadian, US Air, Wing, Navy Locations: United States, St John’s, Newfoundland, Canada, Cape Cod , Massachusetts, British, Pakistani, California, New American

☆ Greek migrant boat disaster may be ‘worst ever tragedy’ in Mediterranean sea, EU commissioner says
▼ + stars: | 2023-06-17 | by ( Florence Davey Attlee Elinda Labropoulou Zahid Mahmood Mostafa Salem Nadine Schmidt Eyad Kourdi Sharon Braithwaite Heather Chen | Florence Davey Attlee | Elinda Labropoulou | ) edition.cnn.com time to read: +5 min

CNN —The sinking of a packed migrant boat off the coast of Greece may be “the worst tragedy ever” in the Mediterranean sea, according to the EU Commissioner for Home Affairs Ylva Johansson. “We don’t have all information yet on what has happened but it seems like this is the worst ever tragedy we’ve seen in the Mediterranean,” she told a press conference in Brussels on Friday. On Friday, they denied claims that the boat had capsized after the coast guard attempted to tow it to shore. A rope, not a mooring rope, was also used when the coast guard approached,” he added. “When the Greek navy tried pulling them it caused the boat to capsize.”CNN has reached out to Greek authorities regarding the allegations.

Persons: Home Affairs Ylva Johansson, ”, Johansson, “, we’ve, Ilias Siakanderis, –, …, ” Tarek Aldroobi, ” Aldroobi, Ayman Abu Mahmoud, ” Abu Mahmoud Organizations: CNN, Home Affairs, International Organization for Migration, UN Refugee Agency, UNHCR, Authorities, ERT, Horan Free League Locations: Greece, Tobruk, Libya, Italy, Brussels, Europe, Syrian, Deraa

The continent-wide European STOXX 600 (.STOXX) index rose 0.5%. The index gained 1.5% in the policy-packed week, its best performance in over two months. China-focused luxury stocks such as LVMH (LVMH.PA) and Richemont (CFR.S) gained nearly 3% each, boosting the broader STOXX 600. Defensive shares such as healthcare (.SXDP) gained 0.9%, and utilities (.SX6P) climbed 1.3% to a four-week peak. The STOXX 600 broke away from a restrictive 1% trading range that was seen for much of the past two weeks, as investors gradually start putting behind major central bank events.

Persons: Travis Perkins, DAX, Germany's DAX, Danni Hewson, AJ Bell, Hewson, Shreyashi Sanyal, Siddarth, Sohini Goswami, Sherry Jacob, Phillips Organizations: European Central Bank, U.S, U.S . Federal, Bank of Japan, Bank of, Britain's, Rheinmetall, Apollo Global Management, Claure Group, Thomson Locations: China, U.S ., Stockholm, Millicom, Bengaluru

☆ The U.S. and China are still largely talking past each other, analyst says
▼ + stars: | 2023-06-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. and China are still largely talking past each other, analyst saysReva Goujon, director of Rhodium Group, discusses what might be on the agenda ahead of U.S. Secretary of State Antony Blinken's visit to Beijing and says "expectations are low."

Persons: Reva Goujon, Antony Blinken's Locations: China, Beijing

STOCKHOLM, June 15 (Reuters) - H&M (HMb.ST) reported weaker than expected second quarter sales on Thursday as chilly weather held back demand in key markets, although the Swedish clothes group said June had started well and its shares rose by 3% in early trading. "Sales in the second quarter were affected by unfavourable weather conditions compared to the corresponding period last year on several of the H&M group's large markets" H&M said. Zara owner Inditex (ITX.MC), whose largest market is warmer Spain, has a smaller share of sales in northern Europe and the U.S. and is also less affected by weather swings. Inditex, which has coped better than H&M in sluggish markets, last week said net sales in its quarter through April were up 13% and, in May, up 16%. H&M, whose single-biggest market is Germany, is due to publish its full quarterly earnings report on June 29.

Persons: Jefferies, Inditex, Richard Chamberlain, Marie Mannes, Anna Ringstrom, Terje Solsvik, Alexander Smith Organizations: Reuters, Royal Bank of Canada, Thomson Locations: STOCKHOLM, Swedish, Europe, Zara, Spain, U.S, Germany

REUTERS/Fabrizio BenschSummarySummary Companies Germany unveils first ever National Security StrategyDocument reflects growing focus on security over economyContains strong criticism of China but does not mention TaiwanImplementation could be hampered by lack of Security CouncilBERLIN, June 14 (Reuters) - China poses a growing threat to global security, Germany said in its first national security strategy on Wednesday, underscoring Berlin's shift in emphasis from economic interests to geopolitics following Russia's invasion of Ukraine. It also omits some major issues, such as Taiwan, and as expected, does not create a National Security Council that would help its implementation. "We paid for every cubic metre of Russian gas twofold and threefold with our national security." Russia is the top threat to European peace "for now", the National Security Strategy (NSS) said. "The good thing is that German companies are drawing similar conclusions to the German federal government," she said.

Persons: Olaf Scholz, Fabrizio Bensch, cyberattacks, Chancellor Olaf Scholz, Annalena Baerbock, Ola Kaellenius, Baerbock, Noah Barkin, Norbert Roettgen, Scholz, Christian Lindner, Andreas Rinke, Miranda Murray, Rachel More, Madeline Chambers, Christoph Steitz, Angus MacSwan, Mark Potter, Alexandra Hudson Organizations: REUTERS, Germany, Security, BERLIN, Security Council, National Security, NSS, Volkswagen, BASF, BMW, Benz, NATO, Alexandra Hudson Our, Thomson Locations: Berlin, Germany, China, Taiwan, Ukraine, Beijing, Asia, Russia, Moscow, Europe, Moldova, Georgia

[1/2] Vodafone Group CEO Margherita Della Valle poses in this undated handout picture obtained by Reuters on May 16, 2023. "For Vodafone this transaction is a game changer in our home market," Della Valle, a 29-year company veteran, told reporters. That is likely to take time, but Kester Mann, a director at CCS Insight, said the British announcement would give Della Valle a boost. "She has shown clear intent to make changes at Vodafone as she bids to turn the embattled company's performance around," he said. "Securing approval for a tie-up with (Hutchison's) Three would be a major boost to her early tenure."

Persons: Margherita Della Valle, Della Valle, CK Hutchison, Nick Read, Kester Mann, Kate Holton, Sinead Cruise, Emelia Sithole Organizations: Vodafone, Reuters, Handout, REUTERS, HK, CCS Insight, Thomson Locations: Britain, Hong Kong, Germany, Spain, Italy, British

☆ Why Hong Kong can’t cut loose from the US dollar just yet
▼ + stars: | 2023-06-13 | by ( Laura He | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar. The Hong Kong Monetary Authority (HKMA) is committed to keeping the Hong Kong dollar between 7.75 and 7.85 per greenback. People walk past the Hong Kong Monetary Authority (HKMA) on May 4, 2023, in Hong Kong, China. “Pegging the Hong Kong dollar to the US dollar encourages such transactions to be carried out in Hong Kong and under Hong Kong law, even if neither party is based in Hong Kong.”This helps to create jobs and prosperity in Hong Kong, while also benefiting mainland China.

Persons: Hong, hasn’t, Andy Xie, ” Logan Wright, Bill Ackman’s, Ackman, Wright, Peter Parks, Kong, Deng Xiaoping, Margaret Thatcher, outflows, Chi Lo, Chen Yongnuo, Hong Kong’s, ”, Richard Cookson ,, Boaz Weinstein, Daniel Fung, Rhodium’s Wright, Xie, Eddie Yue, Banks, John Greenwood, “, Greenwood, ” Greenwood Organizations: Hong Kong CNN, British, Hong, Traders, Hong Kong, Bill Ackman’s Pershing, Capital Management, Getty, Lehman Brothers, Hong Kong Monetary Authority, US Federal Reserve, Asia Pacific, BNP, Asset Management, Fed, China News Service, Rubicon Fund Management, Bloomberg, Saba Capital Management, National Security Law, CNN Locations: Hong Kong, United States, China, Hong, Beijing, AFP, Britain, “, ”, Riding

The seats in Broadway theaters have been about 88%-occupied in the past year, compared with nearly 91% in the year before the pandemic, according to the Broadway League, the industry trade group. New York City’s tourism group said about 56 million travelers visited the city last year, compared with more than 66 million visitors in 2019. International tourism, at 8.9 million visitors, was about one-third lower. Julia Munslow/The Wall Street Journal

Persons: Julia Munslow Organizations: Broadway League, Street Locations: York

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