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The entrance to JPMorgan Chase's international headquarters on Park Avenue is seen in New York October 2, 2012. It is the bank's third-biggest city in the European Union in terms of staff with 900 people, coming after Warsaw (1,200) and Dublin (more than 1,000). In the wake of Britain's exit from the European Union, JPMorgan bought a seven-storey building near its historic headquarters in the first arrondissement to house more employees. JPMorgan will commit $50 million of the $60 million investment and Bpifrance will provide 10 million euros ($10.66 million). The aim is to raise between 150 million euros to 200 million euros by the end of 2024, the U.S. lender said.

Persons: Shannon Stapleton, Bpifrance, Cartier, Louis Vuitton, JP Morgan, Jamie Dimon, Mathieu Rosemain, Anousha Sakoui, Louise Heavens Organizations: JPMorgan Chase's, REUTERS, Rights, JPMorgan, U.S, European Union, Gardens, Justice, Ritz Paris Hotel, Spark, JPMorgan Asset Management, Thomson Locations: New York, France, London, Paris, Europe, Warsaw, Dublin, U.S, Vendome, Spark France

REUTERS/Ronen Zvulun/File Photo Acquire Licensing RightsBE'ERI, Israel, Nov 8 (Reuters) - In a now-roofless, burnt-out house in kibbutz Be'eri, Israeli archaeological teams are sifting through ashes and rubble. They're looking for human remains, hoping to identify victims still missing a month on from the deadly Hamas attack. Be'eri is one of the communities hardest hit by the Hamas gunmen who burst through the Israel-Gaza border on Oct. 7, killing around 1,400 people and taking more than 240 hostage, according to Israeli tallies. Twisted, mangled cars still line the paths of the kibbutz, some houses stand gutted by fire, others are pierced by bullets. So far they have helped identify 10 victims, they say, leaving an estimated 25 people still unaccounted for.

Persons: Ronen, Nir Oz, Joe Uziel, Dedi Hayun, Maayan, Crispian Balmer Organizations: candlestick, REUTERS, Rescue, Israel Antiquities Authority, Thomson Locations: Gaza, Kibbutz Be'eri, Israel, Be'eri, Aza, Jerusalem

☆ Jewellery maker Pandora raises sales forecast after Q3 profit beat
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

Pandora products are seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Pandora said it now forecasts full-year organic sales growth of 5%-6%, up from 2%-5% previously seen, and said it still expects an operating profit margin of around 25%. Operating profit fell to 920 million crowns ($132 million)from a year-earlier 978 million as costs rose, although this also beat analyst expectations for a profit of 875 million crowns in apoll published by Pandora. Improvement in like-for-like sales was driven by the U.S., as traffic picked up in the region given recent brand initiatives. The affordable luxury brand said its gross margin reached a record 79%, helped by cost savings and price hikes.

Persons: Andrew Kelly, Pandora, apoll, Alexander Lacik, Louise Breusch Rasmussen, Anna Ringstrom, Louise Heavens Organizations: Woodbury, REUTERS, Rights, Pandora, JPMorgan, Thomson Locations: Central Valley , New York, U.S

☆ Watches of Switzerland shares up 9.7% as retailer reiterates plan to double profit by 2028
▼ + stars: | 2023-11-07 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc's biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a rival, Bucherer AG. The firm on Tuesday reported a tick up in revenue to £379 million ($467 million) from £374 million in the most recent quarter. Sales of watches rose, while jewellery declined. The stock took a particular hit in August, after rival Rolex announced a deal to buy watch retailer Bucherer, fueling fears of an industry juggernaut taking more market share.

Persons: Jose Sarmento Matos, Brian Duffy Organizations: Omega SA, Switzerland Group, Switzerland Group Plc's, Rolex SA, Bucherer AG, Bloomberg, Getty, Investors, Rolex Locations: London, Switzerland, U.S, Europe

The vivid blue diamond, known as "Bleu Royal" and set in a ring, is among the rarest ever to be unearthed. Max Fawcett, head of Christie's jewellery department in Geneva, said the diamond was unique because of its a deep rich blue colour and its unmodified pear brilliant shape. At its auction on Tuesday, Christie's sold dozens of rare jewellery pieces worth a combined total of more than $77 million. In a separate sale on Monday, Christie's sold a Rolex wristwatch worn by Marlon Brando in the 1979 movie "Apocalypse Now" for more than 4.5 million Swiss francs ($4.99 million). Two years ago, that same watch sold at auction for 2 million Swiss francs.

Persons: Carola Chiadini, Denis, Rahul Kadakia, Max Fawcett, Christie's, Fawcett, There's, Marlon Brando, Cécile Mantovani, Gabrielle Tétrault, Farber, Jonathan Oatis Organizations: REUTERS, Thomson Locations: Geneva, Switzerland, GENEVA, America

ISLAMABAD (AP) — Afghans fleeing Pakistan to avoid arrest and deportation are sleeping in the open, without proper shelter, food, drinking water and toilets once they cross the border to their homeland, aid agencies said Sunday. Pakistan set Oct.31 as a deadline to leave the country or else they'd be arrested as part of a new anti-migrant crackdown. Afghans leave Pakistan from two main border crossings, Torkham and Chaman. The Taliban say they have committees working “around the clock” to help Afghans by distributing food, water and blankets. Concerns have risen among the humanitarian community about the impoverished country being unable to support or integrate those currently forced to leave Pakistan.

Persons: Torkham, Kayal Mohammad, Hawa, ”, “, ” Thamindri Da Silva, Arshad Malik, ” Malik, Pope Francis Organizations: Associated Press, “ Locations: ISLAMABAD, Pakistan, Afghanistan, Peshawar

☆ In diamond centre Antwerp, Russian gems are already shunned
▼ + stars: | 2023-11-03 | by ( Julia Payne | ) www.reuters.com time to read: +5 min

[1/5] Cut diamonds are seen at the diamond exchange in Antwerp, as the G7 weighs a ban on Russian diamond imports to reduce revenues for Moscow's war in Ukraine, Antwerp, Belgium, October 30, 2023. Other diamond firms in Antwerp, the world's biggest centre of trade in rough diamonds and cutting of the biggest gems, were asked to avoid Russian stones. Now, Western powers want to make the boycott official with a formal ban on Russian stones. Imports of Russian rough diamonds are now at less than 5% of pre-war levels, the source said. Most proposals under consideration by the G7 now focus on rough diamonds of 1 carat and above initially.

Persons: Johanna Geron, Thierry Tugendhaft, Van Cleef, Tugendhaft, De Beers, It's, Julia Payne, Elaine Hardcastle Organizations: REUTERS, Rights, European, World Diamond Council, EU, Thomson Locations: Antwerp, Ukraine, Belgium, Rights ANTWERP, Russia, Paris, Tiffany's, Cartier, Canada, Lesotho, South Africa, Botswana, India, United States, Japan, European Union, France, Antwerp . New

☆ Jailed former Malaysian PM Najib in hospital with COVID-19
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

Former Malaysian Prime Minister Najib Razak attends a news conference at the Federal Court in Putrajaya, Malaysia August 16, 2022. REUTERS/Hasnoor Hussain Acquire Licensing RightsKUALA LUMPUR, Nov 2 (Reuters) - Malaysia's jailed former prime minister Najib Razak has been admitted to a hospital after testing positive for COVID-19, his spokesperson said on Thursday. Najib, 70, is in stable condition and is undergoing quarantine and treatment at the hospital, his aide, Muhamad Mukhlis Maghribi, said. U.S. and Malaysian investigators estimate some $4.5 billion was stolen from 1MDB - co-founded by Najib during his first year as prime minister in 2009 - and that more than $1 billion went to accounts linked to Najib. Since then, Najib has been in and out of hospital for several issues, including stomach ulcers and high blood pressure.

Persons: Najib Razak, Hasnoor Hussain, Malaysia's, Najib, Muhamad Mukhlis Maghribi, Rozanna Latiff, Robert Birsel Organizations: Malaysian, Federal, REUTERS, 1Malaysia Development, Thomson Locations: Putrajaya, Malaysia, KUALA LUMPUR

GENEVA, Nov 2 (Reuters) - The largest internally flawless fancy vivid blue diamond ever put up for auction could sell for up to $50 million at a Christie's sale of rare jewels in Geneva on Nov. 7, the auctioneer said on Thursday. Known as "Bleu Royal," this vivid blue diamond - which is set in a ring - is among the rarest ever to be unearthed. "What makes Bleu Royal so rare and special is its size. In 2016, Christie's sold a rare, 14.6-carat blue diamond known as the "Oppenheimer Blue" for more than $57 million. Two years ago the watch, now valued at between 1 million and 2 million Swiss francs, sold at auction for $2 million Swiss francs ($2.2 million).

Persons: Rahul Kadakia, Christie's, Oppenheimer, Kadakia, we've, Carola Chiadini, Denis Balibouse, Audrey Hepburn, Marlon Brando, Remi Guillemin, Guillemin, Gabrielle Tétrault, Farber, Cécile, Matthew Lewis Organizations: REUTERS, Thomson Locations: GENEVA, Geneva, Asia, Europe, Switzerland, Christie's

☆ Indian gold demand loses lustre in peak festive season as prices rally
▼ + stars: | 2023-10-31 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

India is the world's second-largest gold consumer, and a drop in purchases could limit a rally in global prices . Local gold prices jumped this week to 61,396 rupees per 10 grams, near the all-time high of 61,845 rupees hit earlier this year. In the December quarter, demand is expected to be lower than last year's 276.3 metric tons, Somasundaram said. From January to September, gold demand fell by 3.3% to 481.2 metric tons due to sluggish demand in the first half. In 2023, demand could fall to around 700 metric tons, the lowest in three years, down from 774.1 metric tons a year ago, he said.

Persons: Anushree, Somasundaram, Rajendra Jadhav, Miral Organizations: REUTERS, Rights, Gold Council, PR, Thomson Locations: Delhi, India, Rights MUMBAI

ATHENS, Greece (AP) — Finishing her class at The Julliard School of the arts in New York, Greek opera great Maria Callas gave her students a final word of advice. The City of Athens inaugurated the Maria Callas Museum in the center of the Greek capital Wednesday, marking a century since the birth to Greek parents of the legendary soprano in New York. They might know much about Maria Callas,” museum supervisor Erato Koutsoudaki told The Associated Press. “This is the first museum dedicated to Maria Callas that … combines technology with lived experience,” the mayor said. “We welcome this museum with great joy and deep respect for the great diva."

Persons: Maria Callas, Maria, Callas, Manolo Blahnik, ”, Erato Koutsoudaki, Maria Kalogeropoulos, Maria ”, Angelina Jolie, Kostas Bakoyannis, …, “ Organizations: Julliard School, Maria Callas Museum, Julliard, Associated Press, Athens Locations: ATHENS, Greece, New York, Kyrgyzstan, Congo, City, Athens, Paris

☆ Freed Israeli hostage says Hamas treated her well after initial violence
▼ + stars: | 2023-10-24 | by ( Janis Laizans | ) www.reuters.com time to read: +3 min

TEL AVIV, Oct 24 (Reuters) - An elderly Israeli hostage who was released by Hamas overnight said she had been beaten by the militants when she was abducted and taken to Gaza on Oct. 7, but was then treated well during her two-week captivity in the Palestinian enclave. Yocheved Lifshitz, 85, was one of two women freed late on Monday, leaving around 220 hostages still in the hands of Hamas, including both of their husbands. "I've been through hell," Lifshitz told reporters, speaking in barely a whisper and seated in a wheelchair outside the Tel Aviv hospital, where she was taken following her release. Yocheved Lifshitz, 85, an Israeli grandmother who was held hostage in Gaza, speaks to members of the press after being released by Hamas militants, at Ichilov Hospital in Tel Aviv, Israel October 24, 2023. Inside Gaza, a group of hostages were led into what Lifshitz called a "spider's web" of tunnels that Hamas had built beneath the coastal territory.

Persons: Yocheved Lifshitz, I've, Lifshitz, Nir Oz, Kan, Nir Oz's, Janis Laizans, Henriette Chacar, Crispian Balmer, Kevin Liffey, Bernadette Baum Organizations: Hamas, Ichilov, REUTERS, Reuters, Thomson Locations: TEL AVIV, Gaza, Yocheved, Tel Aviv, Israel

☆ Spain seizes ancient gold jewellery stolen from Ukraine worth $64 million
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

MADRID, Oct 23 (Reuters) - Spain has seized ancient gold artefacts valued at 60 million euros ($63.6 million) stolen from Ukraine after thieves were caught trying to sell them in Madrid, Spanish police said on Monday. The 11 pieces, primarily jewellery including intricate necklaces, bracelets and earrings, are dated from the Greco-Scythian period between the 8th and 4th centuries BC, police said. The items were exhibited in a Kyiv museum between 2009-2013, and were smuggled out of Ukraine in 2016, Madrid National Police said in a statement, without identifying the museum. The artefacts had forged documents to make it look as if they belonged to the Ukrainian Orthodox Church, police said. ($1 = 0.9439 euros)Reporting by Emma Pinedo; editing by Charlie Devereux and Deborah KyvrikosaiosOur Standards: The Thomson Reuters Trust Principles.

Persons: Emma Pinedo, Charlie Devereux, Deborah Kyvrikosaios Organizations: Madrid National Police, Ukrainian Orthodox Church, Thomson Locations: MADRID, Spain, Ukraine, Madrid, Spanish, Kyiv

☆ Freeze! Polish cops snag thief who pretended to be mannequin
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +1 min

WARSAW, Oct 19 (Reuters) - A Polish man has been arrested after he pretended to be a mannequin in front of a store window before stealing from a shopping centre after it closed, police in Warsaw said. "A 22-year-old with a bag in his hand froze motionless, pretending to be a mannequin in front of a shop window," police said in a statement. After the shopping centre closed the man on one occasion robbed a jewellery stand, according to police. According to police, the man is also accused of stealing from another shopping centre, where they allege he took money from cash tills and tried to steal other items after it closed. Reporting by Alan Charlish; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Alan Charlish, Alex Richardson Organizations: Thomson Locations: WARSAW, Warsaw

☆ Options for G7 discussion for a ban on Russian diamonds
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +5 min

Enforcement would be government regulated through customs at a single point of entry for rough diamonds and several G7 entry points for polished stones. The proposal said a single entry point would be needed for rough diamonds without specifying where. Antwerp would be the favoured option for Belgium and the city also already handles most of the rough diamond trade. WORLD DIAMOND COUNCILThe World Diamond Council, which includes the world's largest rough diamond producer by value, De Beers, has proposed a version of the ban that is largely self-regulating. Any diamond sellers would then have to include with the stone they sell a declaration called the "G7 Diamond Protocol Declaration" that the diamond is not Russian.

Persons: De Beers, Sellers, De, WDC, Julia Payne, Jan Strupczewski, David Evans Organizations: Reuters, World Diamond Council, Belgian, Export Promotion Council, WORLD DIAMOND, Diamond Council, Russian, Thomson Locations: Ukraine, Belgium, India, France, BELGIUM, Antwerp, Russian, Botswana, INDIA, Surat, Mumbai, FRANCE

☆ Spanish police seize 74 tonnes of stolen olives amid soaring prices
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Marcelo del Pozo Acquire Licensing RightsMADRID, Oct 6 (Reuters) - Spanish police have seized 74 tonnes of stolen olives in the southern province of Seville, the latest theft triggered by soaring prices caused by a dwindling harvest. Some 6,000 litres of extra virgin olive oil were stolen in late September from olive oil producer Terraverne, which operates in Teba, a small village in Malaga province, and specialises in premium olive oil. "With the prices of olive oil, stealing oil is now like stealing jewellery," Larrubia Nogales said in a telephone interview. Marin Serrano El Lagar, an oil press in Carcabuey, Cordoba, had about 50,000 litres of olive oil stolen a few days later. Dcoop, the largest olive oil cooperative in Spain and the country's second biggest olive oil producer, said none of its presses had suffered robberies.

Persons: Marcelo del Pozo, Laura Larrubia Nogales, Larrubia Nogales, Marin Serrano El Lagar, Dcoop, Corina Pons, Emma Pinedo, Charlie Devereux, Nick Macfie Organizations: REUTERS, Rights, Spanish, Police, Reuters, Thomson Locations: La Rinconada, Seville, Rights MADRID, Pilas, Spain, world's, Teba, Malaga province, Nogales, Carcabuey, Cordoba

SINGAPORE, Oct 3 (Reuters) - Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of suspected money laundering, in which the value of assets seized now stands at S$2.8 billion ($2 billion). The government will set up an inter-ministerial panel to review the anti-money laundering regime, reflecting learning points drawn from the case, she said. She was one of three cabinet ministers responding to almost 60 questions filed by lawmakers on the case. The case had been on the radar of police since 2021, after the filing of suspicious transaction reports by financial institutions, Teo said. "We started investigations because we suspected that offences had been committed in Singapore," Teo added.

Persons: Josephine Teo, Indranee Rajah, Teo, Xinghui Kok, Martin Petty, Clarence Fernandez, Alison Williams Organizations: Thomson Locations: SINGAPORE, Singapore, China

☆ Please return if found: British Museum seeks help to recover missing treasures
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

A sign for the British Museum which houses the Parthenon sculptures is seen in London, Britain, January 25, 2023. REUTERS/Toby Melville/File photo Acquire Licensing RightsLONDON, Sept 26 (Reuters) - The British Museum launched a public hotline on Tuesday asking for help to locate some 2,000 missing artefacts, revealing they were mostly ancient Greek and Roman gems and jewellery. The museum said last month it had sacked a staff member over stolen, missing or damaged items in a crisis that highlighted internal failings and led to its director quitting days later. Home to treasures such as the Rosetta Stone and the Parthenon marbles, the British Museum houses one of the world's most visited collections and has since tightened its security. Sixty items had now been returned, with a further 300 identified and due to be handed back imminently, the museum said in a statement.

Persons: Toby Melville, Rosetta Stone, Sachin Ravikumar, William James Our Organizations: British, REUTERS, British Museum, Thomson Locations: London, Britain

☆ Apple customers are starting to receive their new $60 'FineWoven' iPhone cases — and the early reviews are rough
▼ + stars: | 2023-09-23 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Apple recently announced new FineWoven iPhone cases to replace its leather ones. CNET's Patrick Holland said the FineWoven case has "visible tradeoffs," like a circular imprint left from MagSafe charging after only a week. On Amazon, the black iPhone 15 Pro Max FineWoven case has a 1.3-star rating with nine reviews as of this writing, and the blue iPhone 15 Pro FineWoven case has a 2.6-star rating from seven reviews. AdvertisementAdvertisement"Taking my FineWoven case and wallet back when I pickup the phone on Friday. The FineWoven cases aren't the only new Apple product to leave users underwhelmed.

Persons: aren't, Allison Johnson, Nilay Patel, I've, Carrie Marshall, CNET's Patrick Holland, Max FineWoven, it's, Apple, Apple's MacBooks Organizations: Apple, Service, Lightning Locations: Wall, Silicon

☆ Philippines Weighs Legal Options Against China Over Coral Reef 'Destruction'
▼ + stars: | 2023-09-21 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

By Neil Jerome MoralesMANILA (Reuters) -The Philippines is exploring legal options against China accusing it of destruction of coral reefs within its exclusive economic zone (EEZ) in the South China Sea, an allegation rejected by Beijing as an attempt to "create political drama". The Philippines is studying the possibility of filing a second legal case before the Permanent Court of Arbitration (PCA) in the Hague, Guevarra said on Friday. Manila refers to the part of the South China Sea that it claims as the West Philippine Sea. China, which has refused to recognise the 2016 ruling and has chafed at repeated mention of the case by Western powers, denied the latest claims of destruction of coral reefs. Coral in the South China Sea has been used for limestone and construction materials, traditional medicines and even souvenirs and jewellery.

Persons: Neil Jerome Morales MANILA, General Menardo Guevarra, Guevarra, China's, Ferdinand Marcos Jr, Mao Ning, Neil Jerome Morales, Martin Petty, Christopher Cushing Organizations: China, Reuters, South China, West, Department of Foreign Affairs, Reed Bank Locations: Philippines, South China, Beijing, Spratly, Hague, West Philippine, Manila, South, China, Vietnam, Malaysia

[1/4] Couples prepare to get their photo taken during a wedding photography shoot on a street, in Shanghai, China September 6, 2023. "The traditional Chinese wedding industry is probably in for tough times." "People are more inclined to go for a simple and niche wedding," said Chen, adding that a decade ago, it was common for couples to spend millions of yuan. 'NICHE, NICHE, NICHE'The economic downturn has hit the middle class, and the youth, the hardest, resulting in high jobless rates and low household spending. Our strategy has been to stay niche, niche, niche," said Wang.

Persons: Aly, Yuan Jialiang, Ben Cavender, Frank Chen, Chen Feng, Chen, Chow Tai Fook, It's, Xueyi, Jewel Wang, Vera Wang, Wang, Oscar de la, Carolina Herrera, Casey Hall, Xihao Jiang, Farah, Marius Zaharia Organizations: REUTERS, Rights, China Market Research, Daxue Consulting, COVID, Jewellery, HK, Thomson Locations: Shanghai, China, Rights SHANGHAI, HONG KONG, Xi'an, Hong Kong

MILAN/PARIS, Sept 19 (Reuters) - Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes designer debut for the Italian label’s owner, French luxury group Kering (PRTP.PA). De Sarno’s Gucci catwalk presentation – one of the industry’s most highly-anticipated shows this year – will serve as an aesthetic reset for the brand, aimed at reigniting sales, but it is also the first major test of a sweeping overhaul at Kering. The group has also taken steps to broaden its revenue sources, announcing plans to buy high end perfumer Creed in June and a 30% stake in fashion label Valentino in July. “We don’t think that a margin reset would be badly received by the market,” said Carole Madjo, analyst with Barclays. Reporting by Mimosa Spencer and Elisa Anzolin Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Gucci, Sabato De Sarno, De Sarno’s Gucci, Valentino, Louis, Jean, Francois Palus, Marco Bizzarri, De Sarno’s, Bizzarri, Alessandro Michele, De Sarno's, Sabato De Sarno's, ”, Carole Madjo, Daria Werbowy, Luca Solca, Bernstein, Mimosa Spencer, Elisa Anzolin, Tomasz Janowski Organizations: MILAN, Louis Vuitton, Dior . Group, Gucci, RBC, Barclays, De, Thomson Locations: PARIS, Milan, Kering

The plan could transform the global diamond supply chain, but implementation will depend heavily on India, whose diamond industry employs millions of people who cut and polish 90% of the world's diamonds. If it goes ahead as anticipated, it would split the global consumer diamond market. The EU bought 1.4 billion euros ($1.5 billion) worth of Russian diamonds last year, based on data from Eurostat, as the EU has not banned Russian gem imports nor blacklisted Alrosa. As of 2021, global rough diamond sales totalled $16.4 billion, while demand for polished diamonds was $28 billion, the De Beers report showed. "I think the G7 officials involved with this are taking it quite seriously and I believe they will strictly enforce it.

Persons: Belgium's, Alrosa, De Beers, Paul Zimnisky, Zimnisky, Julia Payne, Polina Devitt, Clara Denina, Shivangi Acharya, Rajendra Jadhav, Toby Chopra, David Holmes, Veronica Brown, Jane Merriman Organizations: EU, Eurostat, De Beers, De, Industry, Belgian, Jewellery Export, Thomson Locations: India, Antwerp, BRUSSELS, LONDON, Ukraine, Belgium, Brussels, Russia, United States, INDIA, AFRICA, Africa

[1/3] View of deserted roads ahead of the G20 summit in New Delhi, India, September 8, 2023. Nearly 130,000 police and paramilitary security personnel have been deployed across the city, mostly in the New Delhi district, with the air force providing cover from aerial threats. "While the entire country is a host, Delhi will bear maximum responsibility" for the G20 summit, Modi said. “The tourists coming to Delhi for G20 should look at our shops, buy something. Newspaper advertisements that the Delhi Police has been publishing every day with traffic advisories and route maps for the general public, say: “India is proud to host the 18th G-20 Summit”.

Persons: Francis Mascarenhas, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's Fumio, Sanjeev Mehra, Narendra Modi, Modi, Yashowarthan, ”, Bhava ”, Krishn Kaushik, Joeseph Campbell, Mayank Bhardwaj, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, India, U.S, Market Traders Association, Authorities, Delhi Police, New Delhi Municipal Corporation, Offices, YP, Thomson Locations: New Delhi, India, DELHI, Saudi, capital's, Connaught, Delhi, Taxis, Dariba Kalan

☆ Singapore’s wealth boom hits most sensitive phase
▼ + stars: | 2023-09-06 | by ( Anshuman Daga | ) www.reuters.com time to read: +5 min

REUTERS/Edgar Su Acquire Licensing RightsSINGAPORE, Sept 6 (Reuters Breakingviews) - Singapore’s wealth boom may be set for a pause. The amount involved has almost doubled and banks, realtors and jewellery dealers have been caught up in the ring. It is the most eye-catching saga since 2015 when Singapore’s banks were involved in the 1MDB Malaysian sovereign fund mess. As Singapore’s success as a financial centre grows, so too does its vulnerability to dirty money. A thornier problem is Singapore’s desire to avoid perceptions it is capitalising on the troubles of China, its top trade partner.

Persons: Edgar Su, Una Galani, Katrina Hamlin, Pranav Kiran Organizations: REUTERS, Rights, Reuters, realtors, DBS, Deutsche Bank, Bloomberg, Reuters Graphics Reuters, Monetary Authority of, U.S, Police, Thomson Locations: Marina Bay, Singapore, Rights SINGAPORE, China, Malaysian, Hong Kong, Monetary Authority of Singapore

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