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☆ DS Smith CEO says there are still opportunities in the UK despite challenges
▼ + stars: | 2023-06-22 | 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 EmailDS Smith CEO says there are still opportunities in the UK despite challengesDS Smith CEO Miles Roberts says his company still sees value in U.K. investments, despite domestic challenges.

Persons: Smith, Miles Roberts

☆ U.S.-China tensions may be positive for South Korean memory makers, says portfolio manager
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China tensions may be positive for South Korean memory makers, says portfolio managerStanley Tang of Sumitomo Mitsui DS Asset Management explains why he likes South Korean chipmakers.

Persons: Stanley Tang Organizations: U.S, Sumitomo Mitsui DS, Management Locations: China, Korean

☆ Barbara Corcoran says people get 2 things wrong about being rich: 'I'm no happier today than I was when I was dirt poor'
▼ + stars: | 2023-06-14 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +2 min

People say money can't buy happiness. And Barbara Corcoran, star of ABC's "Shark Tank" and real estate entrepreneur, would say those people are absolutely right. "I'm not going to use that cliché and say, 'money doesn't buy happiness,' but it's true," Corcoran tells CNBC Make It. To Corcoran, there are two major misconceptions people have about being rich: money brings happiness and money doesn't corrupt relationships. 2: Money doesn't change relationships

Persons: Barbara Corcoran, Corcoran, I've, They're, they're Organizations: CNBC, Corcoran, Corcoran Group, University of Pennsylvania

May 29 (Reuters) - SoftBank Group Corp (9984.T) owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc (2454.TW) said it will be using it for its next-generation product. In Arm's blog announcing the new products, MediaTek said the new chips will help improve the performance of its next-generation smartphones. "Investors have become extremely sensitive to any news about AI or chip technology and jumped on this Arm news," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. Last month the Financial Times reported that Arm was developing its own chip to showcase the capabilities of its designs. Arm said the Cortex-X4 was taped out on TSMC's N3E process and said it was an industry first.

☆ Japan's Nikkei hits 1990 high on weak yen, US optimism; SoftBank surges
▼ + stars: | 2023-05-29 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

TOKYO, May 29 (Reuters) - Japan's Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen. SoftBank Group jumped more than 8% as shares of Japanese chip-related companies continued to outperform amid the AI euphoria that also propelled Wall Street peers. "The trigger for everything was Nvidia," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. The broader Topix (.TOPX) rose as much as 1.36% to 2,175.13 in early trading but failed to get close to last week's 33-year high at 2,188.66. Reporting by Kevin Buckland; Editing by Himani Sarkar, Muralikumar Anantharaman, Sherry Jacob-Phillips and Sohini GoswamiOur Standards: The Thomson Reuters Trust Principles.

☆ Here’s our April rapid-fire update on the stocks in Cramer’s Charitable Trust
▼ + stars: | 2023-04-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

When AMD reports earnings next week, we'll be looking for signs that its integration of Xilinx has proven a success. Amazon (AMZN): Investors will be looking closely at profit margins and the growth rate at cloud unit Amazon Web Services when the company reports earnings after the closing bell Thursday. After a disappointing fourth-quarter print, we're hoping to see evidence that CEO Jim Farley has righted the ship. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Climate change activists protest at Berlin Formula E race
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

BERLIN, April 23 (Reuters) - Climate change activists delayed the start of an all-electric Formula E race at Berlin's Tempelhof airport circuit on Sunday after they climbed fences and sat in front of cars lined up on the starting grid. Letzte Generation (Last Generation) posted video on Twitter of white T-shirted supporters scaling the wire fence before being carried away by security. A Formula E spokesperson said the protest was "unrelated to the event". read moreBritain's Grand National horse race was delayed by animal rights protesters, with 118 people arrested read more . Twenty five people were also arrested at Saturday's Scottish Grand National.

☆ Citi says it's time to reconsider ESG, naming 3 stocks that could soar by 30%
▼ + stars: | 2023-04-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

ESG investing underperformed the broader market in 2022, but strategists at Citi think the segment could be about to rebound. Last year, the MSCI Europe Socially Responsible Investing index declined by 13.4% compared to the 8.9% fall in the broader MSCI Europe index. But Citi said ESG stocks — or those which take environmental, social, and governance factors into account — have historically shown resilience, with profit growth outpacing the broader market during earnings slowdowns. In line with this renewed focus, Citi has identified a number of stocks that it expects to rebound this year. To identify ESG stocks with "resilient" earnings per share, Citi screened the Stoxx Europe 600 index for large-cap stocks meeting several proprietary criteria, including ranking in the top 50 percentile of Truvalue Labs ESG index.

Citi is bullish on Merck , saying that the company's drug pipeline is underappreciated by the market. The exclusive license and collaboration agreement for ADC development helps Merck in developing more cancer treatment drugs — and Citi thinks it could rival its competitors' offerings. Citi anticipates further upside for Merck shares from the Inflation Reduction Act. To be sure, Baum noted a key downside risk to his valuation is if the ADC pipeline disappoints. Further risks include lower-than-anticipated value share capture by the company's Melanoma treatment drug Keytruda, and a slowdown in its animal health business.

☆ The US Navy's Super Hornets are having trouble keeping up with the rest of the military's fighter jets
▼ + stars: | 2023-04-12 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

F/A-18E/F Super Hornets have mostly replaced F/A-18 Hornets as the US Navy's carrier-based fighters. The Super Hornet — which includes the single-seat F/A-18E and the two-seat F/A-18F — made its maiden flight in 1995. Super Hornet availability is now about 41% compared to about 26% for the Hornet, whose readiness dropped sharply at about the 25-year mark. But the CBO asked a more specific question: How did Hornets compare to Super Hornets at a similar age? Was the discrepancy caused by Super Hornets flying more hours than Hornets?

☆ A Swedish-made fighter jet could tip the scales against Russia in Ukraine, but it might not get there any time soon
▼ + stars: | 2023-02-05 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +16 min

Ukraine's air force remains in the fight almost a year after Russia's shambolic invasion. Sooner or later, Ukraine must induct new jet fighters into service — and they sure aren't buying them from Russia. JAS-39 Gripen: background and capabilitiesA Swedish JAS 39 Gripen at Bobo, Norway in October 2018. A Hungarian Air Force JAS-39 Gripen in August 2010. JAS-39 Gripen vs. F-16A US Air Force F-16 takes off from Aviano Air Base in Italy in June 2020.

☆ Here's why you don't bring a trader knife to a bull gunfight — and other lessons for navigating this new market
▼ + stars: | 2023-02-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

What matters in a real bull market, though, is the company and the sector it's in, not the S & P 500 . So, the first lesson is to understand that in a bull market the buyer gets the benefit of the doubt, not the seller. Secondly, in a bull market you have to fight the temptation to trade down. So, again, know that in a bull market the sellers better have a lot of conviction or else they will lose the opportunity to make money. It's our job to keep you from doing so by helping you to navigate this bull market that started in October 2022 — a bull market that almost no one seems to recognize except us.

☆ JPMorgan says Hong Kong shares to rebound in February and names 5 stocks to own
▼ + stars: | 2023-02-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

JPMorgan named five stocks it recommends to buy amid an expected rise in the broader Chinese stock market during February. The investment bank said it "remains bullish" on Macao casino operator Sands China and Galaxy Entertainment , and Hong Kong retail landlords Wharf REIC , LINK and Fortune REIT . Strategists at the Wall Street bank attributed last week's sell-off in Hong Kong listed shares as profit-taking by some investors. They also said the broader market rotate into "quality laggards in consumption as well as value cyclical and growth spaces." However, JPMorgan's Kim said analysts' expectations are due to jump higher on the positive data points.

But retailers in popular Asian destinations are desperate to take advantage of the return of a first wave of Chinese tourists as the country reopens borders after three long years of COVID-19 curbs. And robust demand for destinations like Macau, Hong Kong, Taiwan and Thailand has boosted prospects for the battered travel industry, Ctrip booking data shows. Still, destinations elsewhere show that the return of Chinese tourists remains at a very early stage. Fresh COVID testing requirements for Chinese tourists in some locations may be acting as a barrier, while some countries also require visas that take time to process. Retailers in South Korea are also not seeing a huge influx in Chinese tourists yet, citing the suspension of short-term visas for travellers between both countries.

☆ Stellantis, Vulcan Energy to develop renewable energy assets in Germany
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +2 min

Jan 17 (Reuters) - Automaker Stellantis (STLA.MI) has teamed up with lithium group Vulcan Energy Resources (VUL.AX) to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday. Stellantis' Rüsselsheim facility is where the world's third largest carmaker by sales produces its DS 4 and Opel Astra models. War in Ukraine has tightened Europe's energy supply, causing uncertainty for manufacturers already suffering from strained supply chains for raw materials and components such as semiconductors. Stellantis CEO Carlos Tavares said the partnership with Vulcan reinforced the group's commitment to greater use of cleanenergy. The carmaker, formed two years ago through the merger of Fiat Chrysler and Peugeot maker PSA, already has a deal with Vulcan for lithium supply from the miner's project in the Upper Rhine Valley in Germany.

☆ Ongoing headaches with F-35 fighter jets are rippling through the rest of the US military's combat aircraft fleet
▼ + stars: | 2023-01-12 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

US Air Force maintainers work on an F-35A at Nellis Air Force Base in Nevada in February 2020. Nial BradshawRussia's air force has been mocked for poor maintenance that has undercut its airpower in the Ukraine war. Particularly troubling was a November 2022 GAO study that analyzed readiness of 49 US military aircraft models between 2011 and 2021. A reassembled F-35A is hoisted during a training course at Hill Air Force Base in September 2022. The Air Force, Navy and Marine Corps together plan to spend $20.2 billion a year for tactical aircraft development and procurement between now and 2027.

☆ Macau casinos' new contracts to sharpen focus on non-gaming activities
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +3 min

The operators are expected to focus on non-gaming activities in the new term, particularly as Beijing is keen for Macau to diversify away from gambling and attract foreign tourists. Some analysts expect them to make non-gaming investments of up to $15 billion cumulatively over the next decade. Genting, with its strong non-gaming track record and mass market appeal, was a credible threat for the Macau operators, many executives and analysts have said. Previous attempts by Macau to diversify have been unsuccessful, with casino operators shying away from investing in non-gaming due to the high costs, particularly as the gambling industry was far more lucrative. Macau's gambling industry currently accounts for more than 80% of government revenues.

☆ UK's FTSE 100 falls; BAT, Frasers flag challenging outlook
▼ + stars: | 2022-12-08 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

SummarySummary Companies FTSE 100 down 0.1%, FTSE 250 falls 0.2%Frasers drop to bottom of FTSEDS Smith rises on resilient demandDec 8 (Reuters) - UK's FTSE 100 was dragged lower by consumer staples and retailers on Thursday after forecasts from British American Tobacco and Frasers fuelled concerns over economic outlook. The blue-chip FTSE 100 (.FTSE) dipped 0.1% while the FTSE 250 was down 0.2%, as of 0949 GMT. Frasers Group (FRAS.L) was the biggest drag on retailers index (.FTNMX404010), which shed 0.9%, after the sportswear and clothing firm warned of a challenging and uncertain outlook despite posting an upbeat half-yearly profit. UK markets are bracing for a long uncertain winter amid rising borrowing costs and double-digit inflation that have sparked worker unrest in the recent past. Reporting by Johann M Cherian in Bengaluru; Editing by Saumyadeb Chakrabarty and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Anwar Ibrahim, the 75-year-old Malaysian prime minister-in-waiting, finally clinched the top job after spending years in jail
▼ + stars: | 2022-11-24 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Anwar Ibrahim has been tapped to be the next Malaysian prime minister. Anwar has spent two decades vying for the top jobAnwar was Malaysia's deputy prime minister in the 1990s, serving under then-Prime Minister Mahathir Mohamad. He was freed in 2004 after being acquitted of that sodomy charge. Anwar was convicted of that sodomy charge and sentenced to five years in prison in March 2014. Malaysia is now set to swear in its new prime minister at 5 p.m. local time on Thursday.

☆ Twitter users flood the site with eulogies amid mounting fears of its imminent collapse and concerns that 'critical' teams are spread thin
▼ + stars: | 2022-11-18 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Twitter users worried about a possible site collapse shared memes and tweets with #RIPTwitter. Nithish Billava replied to Musk's tweet with the same meme, but with Musk's face over the tombstone saying, "Fixed it" with the sweat smile emoji. Gluscevic's tweet shows Musk's face on the little girl's face and the Twitter app on the house. Other Twitter users compared the demise of Twitter to the sinking of the Titanic. As we wait to see what happens next, Twitter users continued bidding adieu to the website on Friday morning.

☆ Japan's Daiichi Sankyo says mRNA COVID vaccine successful in booster trial
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Nov 15 (Reuters) - Japan's Daiichi Sankyo Co (4568.T) said on Tuesday its mRNA-based COVID-19 vaccine had reached its primary endpoint in a trial of the shot as a booster. Based on the results, Daiichi Sankyo will file a new-drug application to regulators in January 2023. Approval would give Japan a home-grown source for mRNA vaccines, which have made up the bulk of its COVID inoculations to date. Japan has relied on imports of shots developed by U.S.-based drugmakers Pfizer Inc (PFE.N) and Moderna Inc (MRNA.O). Daiichi Sankyo's shares jumped on the news, rising 3.3% versus a 0.1% advance in the benchmark Nikkei (.n225) gauge.

☆ This 33-year-old makes $14,600 a month in passive income: 'I just one hour a day’ on my online business
▼ + stars: | 2022-11-09 | by ( Ryan Hogue | ) www.cnbc.com time to read: +4 min

Now he makes $14,000 a month in passive income. Today, at 33, I make an average of $14,600 a month in passive income from my print-on-demand business. Photo: Ryan HogueHow I make passive income through print-on-demandAbout 50% of my passive income comes from Amazon Merch on Demand, where I sell the most items. Amazon Merch sellers earn a royalty fee between 13% and 37%, depending on the product type and listing price. Another platform I use is Printful, which is similar to Amazon Merch on Demand and is an inexpensive way to get my products in front of more people.

☆ A fired Twitter employee who's 6 months pregnant tells the company 'see you in court'
▼ + stars: | 2022-11-06 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

A fired Twitter employee who's 6 months pregnant said there's "definitely discrimination here." She said she will "fight" and directed a "see you in court" tweet at her former employer. Shennan Lu worked as a data science manager at Meta before joining Twitter in the same role in January. She tweeted on Friday: "My Twitter journey has come to an end, I got laid off while I'm 6-month pregnant. She isn't the only pregnant woman affected by Elon Musk's decision to cut up to half of Twitter's workforce.

☆ The Pacific’s Missing F-15 Fighters
▼ + stars: | 2022-11-02 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The Pentagon is pulling F-15 fighter jets from Okinawa after decades on the Japanese island, and the news has received too little attention. American air power is spread thin across the world, and the U.S. is in a precarious position even as it needs to put more hardware in the Pacific to deter China. “Starting in November, the Department of Defense will commence a phased withdrawal of F-15 C/D aircraft forward-deployed to Kadena Air Base over the next two years,” the Air Force said on Oct. 28 after the news had leaked. The Air Force F-15Cs and Ds are 38 years old on average, and no doubt they’re costly to maintain and keep airborne. Lt. Gen. David Deptula , a retired F-15 pilot, tells us these are the last active duty F-15C/D pilots in the Air Force, another limiting factor.

☆ As carmakers unveil new EVs, France ups subsidies for poorer buyers
▼ + stars: | 2022-10-17 | by ( Gilles Guillaume | ) www.reuters.com time to read: +3 min

PARIS, Oct 17 (Reuters) - Renault (RENA.PA) and Stellantis (STLA.MI) unveiled new French-made electric vehicles (EVs) at the Paris Motor Show on Monday, as President Emmanuel Macron announced bigger subsidies for poorer families to buy EVs and pushed for more local production. Register now for FREE unlimited access to Reuters.com RegisterMost EVs are currently more expensive than fossil-fuel equivalents and are unaffordable for many. "We have an industrial strategy in place for people to buy more and more French (cars)," Macron told Les Echos. The electric versions of Stellantis' Peugeot 308 sedan and larger Peugeot 408 unveiled on Monday will be assembled in Mulhouse in eastern France. The Renault 4 will join the new electric Kangoo, produced in Maubeuge, and new Mégane manufactured in Douai, also in northern France.

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