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Hamas-affiliated media reported early on Tuesday that Israel freed 30 Palestinian children and three women, in the truce's fourth swap. Waving Palestinian, Hamas and Islamic Jihad flags, dozens of Palestinians gathered outside Israel's Ofer prison near Ramallah in the occupied West Bank to await the release of additional Palestinians. Each day since the four-day truce began on Friday, Hamas has released some of the hostages while Israel has freed some of the Palestinians it holds. Under the terms of existing four-day truce agreement, Hamas was due to release in total 50 Israeli women and children held hostage in Gaza. It was not clear how many hostages would be released under the extended truce agreement, but earlier the head of Egypt's State Information Service, Diaa Rashwan, said the deal being negotiated would include the release of 20 Israeli hostages and 60 Palestinian prisoners in Israeli jails.

Persons: Israel, Israel's Ofer, Gaza's, Alya Ahmed Saif Al, Thani, Antony Blinken, Diaa Rashwan, Arshad Mohammed, Cynthia Osterman Organizations: International Committee, West Bank, Gaza's Hamas, Security, Hamas, U.S, United, Egypt's, Information Service, Reuters, Thomson Locations: Israel, CAIRO, JERUSALEM, Gaza, Ramallah, Qatar, Egypt, United Arab Emirates

An agreement has been reached to extend the Israel-Hamas truce for another two days, the spokesman for Qatar’s Foreign Ministry said Monday. In turn, Israel released 39 Palestinian prisoners. Political Cartoons View All 1265 ImagesIsrael has said it would extend the cease-fire by one day for every 10 additional hostages released. Here’s what's happening in the war:QATAR SAYS ISRAEL AND HAMAS AGREE TO EXTEND TRUCE FOR TWO MORE DAYSQatar’s Foreign Ministry said Monday that an agreement has been reached to extend the Israel-Hamas truce for another two days. Hamas has released some hostages during a truce that began Friday in return for Israeli releases of Palestinian prisoners.

Persons: —, Benjamin Netanyahu, — Elon, Majid Al Ansary, Elma Avraham, wasn’t, Tzachi Slotsky, Beer Sheba, Avraham’s, Tali Amano, Avraham, Amano, “, ”, Cross, Jason Straziuso, ELON, Elon Musk, who’s, Isaac Herzog, Musk, ” Musk, Eylon Levy, Shlomo Karhi, ” Karhi, Riad, Malki, JERUSALEM, ” Yelena Magid, Roni Krivoi, ” Magid, UNRWA's, Morris Tidball, Alice Jill Edwards, Wang Yi, Wang Wenbin, ” Wang Wenbin, Frank, Walter Steinmeier, ” Steinmeier, “ Beeri, Hassan Fadlallah, Fadlallah, Islam, France’s, Samuel Paty, Charlie Hebdo, Jason J, Eaton Organizations: Qatar’s Foreign, Hamas, Sunday, Israel, Health Ministry, —, Navy, Qatari Foreign, Soroka Medical, International Committee, ICRC Media, The Associated Press, Twitter, Israeli Ministry of Communications, Palestinian Foreign Affairs, European Union, Union for, Associated Press, United Nations, ISRAEL, BEIJING, Security, Chinese Foreign Ministry, ISRAEL BERLIN —, Beeri, Hezbollah, GO, PARIS —, MEN, UNIVERSITY OF VERMONT Police, University of Vermont, Burlington Police Department, Burlington Locations: Israel, Qatar, Egypt, Gaza, Tel Aviv, Barcelona, — U.S, israel, QATAR, ISRAEL, Beer, BARCELONA, Spain, Africa, HANOUN, Beit Hanoun, Geneva, New York, China, GERMANY, ISRAEL BERLIN — Germany, Beeri, BEIRUT, Iran, Lebanon, Aita, Paris, UNIVERSITY, Burlington

☆ More Israeli Hostages, Palestinians Expected to Be Freed With Extended Truce
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

Persons: Nidal, Emily Rose CAIRO, Israel, Israel's Ofer, Gaza's, Alya Ahmed Saif Al, Thani, Antony Blinken, Diaa Rashwan, Arshad Mohammed, Cynthia Osterman Organizations: West Bank, Gaza's Hamas, Security, Hamas, U.S, United, Egypt's, Information Service, Reuters Locations: JERUSALEM, Israel, Gaza, Ramallah, Qatar, Egypt, United Arab Emirates

☆ Las Vegas hospitality unions ratify contract with Wynn Resorts
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

Nov 22 (Reuters) - Unions representing hospitality staff in Las Vegas said on Wednesday that workers employed at Wynn Resorts (WYNN.O) have voted in favor to ratify a new five-year contract, days after similar moves by its competitors Caesars Entertainment (CZR.O) and MGM Resorts International (MGM.N). The unions, which represent about 5,000 employees at Wynn Resorts properties, said 99% of its members voted in favor of the new agreement. Earlier this week, union members at Caesars and MGM voted to ratify their contracts. The total compensation won by the Culinary Union for workers employed at MGM Resorts, Caesars Entertainment, and Wynn Resorts casino properties is about $2 billion over the five-year contract, according to Ted Pappageorge, secretary-treasurer at Culinary Union . Meanwhile, the unions said separate negotiations for 10,000 workers including cooks, bartenders and housekeepers, are ongoing with 24 smaller casinos and resorts for a new five-year contract.

Persons: Wynn, Ted Pappageorge, Mrinmay Dey, Sonia Cheema Organizations: Wynn Resorts, Caesars Entertainment, MGM Resorts International, Caesars, MGM, Culinary Union, MGM Resorts, Las, Thomson Locations: Las Vegas, United States, Bengaluru

Climate Change Conference (COP 28) that opens on Nov. 30 in Dubai. Neither floods nor fires are new to Greece but with climate change, they are becoming a frequent disruptor to an economy dependent on tourism and farming. "We have to change our prediction methods," Skylakakis said, acknowledging the rapid pace of climate change. Mitsotakis has urged the EU to top up its solidarity fund and help countries tackle the impact of climate change. Adaptation measures worth 67 billion euros could reduce that loss to 510 billion euros, the country's leading economic think tank IOBE said in a February report.

Persons: Louisa Gouliamaki, Dimitris Kouretas, Kouretas, Theodore Skylakakis, Storm Daniel, Kostas Agorastos, Giorgos Stasinos, Kyriakos Mitsotakis, Sokratis Famellos, Skylakakis, Thanos Giannakakis, Nikos Papathanasis, Miltiadis Gkouzouris, Mitsotakis, Petros Varelidis, Lefteris Papadimas, Renee Maltezou, Michele Kambas, Daniel Flynn Organizations: Reuters, United Nations Environment Program, Mount Olympus, HVA, Chamber, European, Justice, EU, Water Management, Environment Ministry, Thomson Locations: Vlohos, Greece, Greece's, Thessaly, Europe, Dubai, Los Angeles, Dutch, Athens, Thessaly's, Mouzaki, Netherlands

☆ Morning Bid: Treasury yields dive as oil craters, economy softens
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +5 min

U.S. two-year Treasury yields skidded below 4.80% on Friday for the first time since September 1, with 10-year yields dropping under 4.40% to September lows too. Crude has now lost almost 25% in just six weeks - aided by the U.S. gradually lifting oil sanctions on Venezuela. The Labor Department said import prices fell a whopping 0.8% in October, the most in seven months amid a broad decline in the costs of goods - deepening the annual deflation of import prices to as much as 2.0%. Even though the dollar (.DXY), , is taking a hit from the plunge in U.S. Treasury yields, the drop in sovereign borrowing rates was mirrored across the world in Europe , even Japan . Mirroring the softening demand picture elsewhere, British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home.

Persons: Lucas Jackson, Mike Dolan, plumb, Morgan, Susan Collins, Mary Daly, Austan Goolsbee, Michael Barr, Dave Ramsden, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Walmart, Cisco, Alibaba, Philadelphia Federal Reserve, Labor Department, Treasury, Hong, Housing, Atlanta, Boston Federal, San Francisco Fed, Chicago Fed, Bank of England, United States, APEC, Graphics, Thomson, Reuters Locations: New York, U.S, Wall, Alibaba ., Venezuela, Europe, Japan, HK, Hong Kong, China, San Francisco

The stockpile continues to grow, the reports say, even though Iran has consistently denied wanting nuclear arms. "The political debate is really not going to be about negotiating with Iran, it's going to be about confronting Iran," he said. This week's IAEA reports showed Iran was making steady nuclear progress and indicated that Tehran continued to stonewall the agency in monitoring its work. Two diplomats said all that could be done in coming months was to support IAEA chief Rafael Grossi's efforts to strengthen oversight of Iran's nuclear programme. "It's way too early to say whether Iran will become a nuclear state or whether it will stay a threshold state like now," one diplomat said.

Persons: Leonhard Foeger, Biden, Trump, Donald Trump, Joe Biden, Israel, Robert Einhorn, Rafael Grossi's, John Irish, Francois Murphy, Arshad Mohammed, Edmund Blair Organizations: International Atomic Energy Agency, IAEA, REUTERS, Trump PARIS, Reuters, U.S, Hamas, Pentagon, U.S . State Department, IAEA Washington, Governors, Thomson Locations: Vienna, Austria, stoke, WASHINGTON, VIENNA, United States, Tehran, Gaza, Iran, European, Washington, Iraq, Syria, U.S, IRAN, IAEA, stonewall, Paris

☆ U.S. renewable, grid battery projects battle transformer shortage
▼ + stars: | 2023-11-15 | by ( Nicole Jao | ) www.reuters.com time to read: +5 min

LONGER LEAD TIMESLarge-scale battery projects to store energy on grids and to smooth out the variance of wind and solar power are also seeing longer lead times. They are taking around 12 to 18 months to complete, around six months longer than they would take without the supply issues, said Andrew Waranch, chief executive of battery energy storage system developer Spearmint Energy. Utility AES Corp (AES.N) has stockpiled supplies of the equipment it needs to build battery storage projects through 2025, a company spokesperson said. A shortage of raw materials that has contributed to transformer supply delays is unlikely to ease soon, manufacturers said. The supply-demand dislocation has worsened with the rapid scale-up of wind, solar and storage projects.

Persons: Nick Oxford, Vanessa Witte, Wood Mackenzie, Ben Pratt, Pratt, we've, Reagan Farr, Farr, Andrew Waranch, Waranch, Marco Terruzzin, Doug Banty, Banty, John Darby, Nicole Jao, Simon Webb, Nick Zieminski Organizations: REUTERS, AES, Nova Clean Energy, Silicon, Spearmint Energy, Developers, American Clean Power Association, U.S . Energy Information Administration, AES Corp, MGM, Niagara, Thomson Locations: Big Spring , Texas, U.S, Chicago, Swiss, China, California, Russia, Ukraine, New York

An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023. The culinary workers and bartenders Unions said that 25,470 workers have a new five-year tentative agreement with MGM. Casino resort operators have been earning record profits from a steady post-pandemic recovery in Las Vegas tourism. Caesars Entertainment (CZR.O), the second-biggest Las Vegas casino operator after MGM by number of employees, said that its deal with the unions provides "meaningful wage increases." Visits to Las Vegas in September were 4% lower than in the same period in 2019, the year before the pandemic, according to data from the Las Vegas Convention and Visitors Authority.

Persons: Bridget Bennett, Ted Pappageorge, We're, Bill Hornbuckle, Wynn, Ananta Agarwal, Arun Koyyur Organizations: MGM, MGM Resorts, REUTERS, MGM Resorts International, Unions, Caesars Entertainment, Culinary Union, Las, Wynn Resorts, Las Vegas Convention, Visitors Authority, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, United States, Detroit, Vegas, Bengaluru, Doyinsola, New York

☆ Living In ... Medford, N.J.
▼ + stars: | 2023-11-08 | by ( ) www.nytimes.com time to read: 1 min

Slide 1 of 13,Medford, N.J., has several residential lake communities in its 39 square miles. The houses that back up to the water, which often have docks, are in the greatest demand.

Locations: Medford, N.J

☆ Telecom Italia approves KKR's $20 billion grid bid in blow for Vivendi
▼ + stars: | 2023-11-05 | by ( Elvira Pollina | ) www.reuters.com time to read: +3 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The board started a review of KKR's offer on Friday, approving it on Sunday, TIM said. The sale's 18.8 billion euro price tag, including debt, could reach 22 billion euros if certain conditions are met, TIM said. TIM said it would not put the board's decision to a shareholder vote, in a setback for leading shareholder VivendI (VIV.PA). Vivendi, which owns 24% of TIM, has been seeking a higher price and questioned the sustainability of the business left behind.

Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Labriola, Merlyn Advisors, Merlyn, Elvira Pollina, Valentina Za, Will Dunham Organizations: Telecom Italia, REUTERS, TIM, Vivendi, Sunday, KKR, European Union, Treasury, VivendI, Thomson Locations: Italy, MILAN, London

☆ Russia fumes at the West's charm offensive in its backyard, saying it's 'luring' its friends away
▼ + stars: | 2023-11-03 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

One top official in Moscow was fuming as he claimed the West was "luring" its "neighbours, friends, and allies" away from Russia. Moscow's disdainThe French leader's comments are likely to have enraged Moscow, which is already watching Western efforts to court Central Asia with suspicion and disdain. "Look at how Western powers are wooing Central Asia," Lavrov told the BelTA news agency, in comments published by Russia's Foreign Ministry. "They have created numerous formats such as 'Central Asia plus' involving the United States, the EU, and Japan ... On top of the Central Asia plus EU format, the Germans have created their own format. China's roleThere's certainly a tussle for influence that's taking place in Central Asia, with China also "courting" the region to a certain extent.

Persons: Vladimir Putin, Emmanuel Macron, Macron, Kassym, Sergei Lavrov, Lavrov, Ilham Aliyev, Serdar Berdimuhamedow, Emomali Rahmon, Alexander Lukashenko, Mark Galeotti, Galeotti, we've, Ed Jones, There's, Joe Biden, Jim Watson, Alexander Titov, Russia's, Xi Jinping, Gurbanguly Berdimuhamedov Organizations: Getty, Ukraine, Kazakh, CNBC, Russian, Central, Russia's Foreign Ministry, EU, Commonwealth of Independent States, Central Asia's, West, General, Afp, Georgia —, Queen's University of Belfast, U.S, Analysts, of, Forum, International Cooperation, Xinhua News Agency Locations: 13,2023, Bishkek, Kyrgyzstan, Russia, Moscow, Central Asia, Kazakhstan, Soviet, Astana, France, Uzbekistan, United States, Japan, Turkmenistan, Russian, London, Europe, China, Central, Ukraine, Central Asian, Tajikistan, New York City, Belarus, Donetsk, Kherson, Luhansk, Zaporizhzhia, North Korea, Nicaragua, Syria, South Caucasus, Armenia, Azerbaijan, Georgia, Latvia, Lithuania, Estonia, Moldova, Afghanistan, Beijing, People's, of Turkmenistan

☆ Horror and Grief: Inside Gaza’s Hospitals
▼ + stars: | 2023-11-01 | by ( U.S. News Staff | ) www.usnews.com time to read: +9 min

Israel has argued that Gaza’s biggest hospital, al-Shifa, conceals underground command centers for Hamas – a claim the group denies – stoking concerns the facility could be targeted. (Ali Mohmoud/AP)Oct. 23, 2023 | People injured after Israeli attacks are treated at al-Shifa Hospital in Gaza City. (Belal Khaled/Anadolu Agency/Getty Images)Oct. 23, 2023 | People injured after Israeli attacks wait for treatment at al-Shifa Hospital in Gaza City. (Ali Jadallah/Anadolu Agency/Getty Images)Oct. 17, 2023 | Wounded Palestinians wait for treatment at al-Shifa Hospital in Gaza City following the al-Ahli Arab Hospital explosion. (Fatima Shbair/AP)Oct. 11, 2023 | A wounded Palestinian girl lies on a hospital bed waiting for treatment at al-Shifa Hospital in Gaza City.

Persons: Dr, Nidal Abed, Hamas –, Joe Biden, Jake Sullivan, ” Lynn Hastings, Yasser Qudih, Khan Yunis, Fatima Shbair, Israel, Ali Jadallah, Ali Mohmoud, Belal Khaled, Mustafa Hassona, Abed Khaled, Abed Zagout, Adel Hana, Hatem Moussa, MOHAMMED ABED, Khan Younis, MOHAMMED ZAANOUN, Ali Mahmoud, Hani, BASHAR TALEB, Nasser Hospital’s Organizations: Gaza Health Ministry, Associated Press, AP, Ministry of Health, United Nations, Hamas, Medical, Xinhua, Shifa, Ahli Arab Hospital, Anadolu Agency, Getty, Israeli Defense Forces, Nasser Hospital, Najjar Locations: Gaza, Israel, Egypt, Palestinian Territory, Gaza City, Khan, al, Ahli, Aqsa, Deir al, Rafah, AFP, Palestinian

☆ Israel's 'second phase' of war is underway as troops push into Gaza — but it appears deliberately ambiguous
▼ + stars: | 2023-11-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

watch nowIsrael's military is expanding its operations in the Gaza Strip, but has avoided calling it a "ground invasion" despite sending tanks into the territory. Israel's military response has killed more than 8,500 people in Gaza, Palestinian authorities say. A view from the area after Israeli airstrikes on Jabalia refugee camp in northern Gaza, on October 31, 2023. Palestinians, including children killed in a series of Israeli airstrikes on Jabalia refugee camp, Interior Ministry spokesman said on Tuesday. GAZA -- OCTOBER 21, 2023: Maxar satellite imagery of before and after images showing damage to Atatra neighborhood, Northern Gaza (location: 31.5609, 34.4809).

Persons: Benjamin Netanyahu, Ryan Bohl, Rane, Bohl, Jonathan Conricus, Conricus, Israel, Hussein Ibish, Ibish, There's Organizations: Israeli, CNBC, East, Israeli Defense Forces, IDF, Palestinian, Hamas, Interior Ministry, Stringer, Anadolu, Getty Images, Anadolu Agency, Getty, United Nations, Technologies, Maxar Technologies, Lebanese, Hezbollah, Israel, Gulf States Institute Locations: Gaza, British, Iran, Iranian, Lebanon, North Africa, Israel, Philadelphia, GAZA, Northern Gaza, combatting, Washington

We continue to encourage all countries to take tangible measures to halt the flow of arms, aviation fuel, and revenue to the military regime," U.S. Secretary of State Antony Blinken said in a separate statement. Canada imposed sanctions against 39 individuals and 22 entities for supporting Myanmar's military regime. The U.N. human rights expert for Myanmar in September called on the United States to further tighten sanctions on the country's military rulers to include the state oil and gas enterprise. Human rights advocates have repeatedly called for sanctions on MOGE, but Washington had so far held back. Myanmar military officials have played down the impact of sanctions.

Persons: Stringer, Washington, Antony Blinken, Brian Nelson, Simon Lewis, Daphne Psaledakis, Tim Gardner, Sarah Young, Ismail Shakil, Chizu Nomiyama, Rod Nickel Organizations: Army, Bank, REUTERS, Rights, Myanma, Gas Enterprise, U.S . Treasury Department, Reuters, Treasury, Financial, United Nations, Terrorism, Financial Intelligence, Chevron Corp, Chevron, Washington, Myanmar Foreign Trade Bank, Myanma Investment, Commercial Bank, Sky Royal Hero Company, General Staff, Myanmar's Army, Navy, Air Force, Thomson Locations: Yangon, Myanmar, United States, Washington, U.S, United Kingdom, Canada, Britain

☆ A ‘New’ Beatles Song Reunites the Voices of John, Paul, George and Ringo
▼ + stars: | 2023-10-26 | by ( John Jurgensen | ) www.wsj.com time to read: 1 min

George Harrison counts in, then solemn piano chords give way to the voice of John Lennon . He sings a wistful melody as the tune builds around an insistent drumbeat, stabbing strings and backing vocals by Harrison, Paul McCartney and Ringo Starr . The chorus: “Now and then, I miss you…”It’s a 4-minute, 8-second rock ’n’ roll séance, a new recording that conjures an uncanny mix of past and present from history’s most unforgettable band, half of which is now deceased. It’s “the last Beatles song.”

Persons: George Harrison, John Lennon, Harrison, Paul McCartney, Ringo Starr, It’s, ”

☆ Valero tops profit estimates in strong start to U.S. refiner earnings
▼ + stars: | 2023-10-26 | by ( Arunima Kumar | ) www.reuters.com time to read: +2 min

The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Valero Energy Corp FollowOct 26 (Reuters) - Refiner Valero Energy (VLO.N) beat analysts' estimates for third-quarter profit on Thursday, powered by sustained fuel and refined products demand against the backdrop of tight supplies. For the current quarter, Valero expects refining throughput between 2.93 million and 3.04 million bpd. The Diamond Green Diesel Port Arthur plant, which started up in the fourth quarter of 2022, boosted the sales volumes, Valero said. The 3-2-1 crack spread, a proxy for refining margins, fell around 35% during the July-September quarter.

Persons: Mike Blake, Lane Riggs, Valero, refiners, TD Cowen, Jason Gabelman, Arunima Kumar, Sriraj Organizations: Valero Energy Corporation, REUTERS, Companies Valero Energy Corp, Refiner Valero Energy, Valero, Green Diesel, U.S ., Thomson Locations: Valero, Encinitas , California, U.S, Saudi Arabia, Russia, Green Diesel Port Arthur, U.S . East Coast, San Antonio , Texas, Bengaluru

☆ Capitals continue search for offense against Devils
▼ + stars: | 2023-10-25 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

The Devils went 2-for-4 on the power play and are 11-for-25 with the man advantage. 300 on the power play -- and finished with 14 shots on goal. You could tell that early, especially that first power play, that it was coming to the cage today. The Capitals are 1-for-16 on the power play, with Ovechkin's goal ending an 0-for-15 skid. Hunter Shepard will make his NHL debut against the Devils while backup Charlie Lindgren remains on the injured list.

Persons: Tyler Toffoli, Jack Hughes, Vitek Vanecek, Hughes, Toffoli, we've, Lindy Ruff, you've, They're, Joseph Woll, Alex Ovechkin, Ovechkin, It's, Spencer Carbery, Darcy Kuemper, Hunter Shepard, Charlie Lindgren, Shepard Organizations: New Jersey Devils, Washington Capitals, Devils, Montreal Canadiens, Capitals, Toronto Maple Leafs, New York Islanders, Montreal, NHL, Toronto, Washington, Hershey, AHL, Calder, Bears, Thomson Locations: Newark , N.J, New Jersey, Toronto, Minnesota

☆ From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society
▼ + stars: | 2023-10-25 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

In this article BP.-GBMSFTBKR Follow your favorite stocks CREATE FREE ACCOUNTThis image from 2016 shows a carbon capture project in Texas. Other processes in the sector include direct air capture, with firms like Climeworks operating in the space. Climeworks, which specializes in direct air capture and storage, has offices in Switzerland and Germany. Its clients include businesses such as Stripe and Microsoft , and the Microsoft Climate Innovation Fund has invested in the company. While carbon capture has its advocates, the technology is divisive and has been questioned by a range of organizations.

Persons: Baker Hughes, Lorenzo Simonelli, Simonelli, Bill Gates, Gates, Bob Dudley, there'll, We've, Dudley, — that's Organizations: Houston Chronicle, hearst Newspapers, Getty, Hearst Newspapers, CNBC, ADIPEC, U.S . Department of Energy, Microsoft, Innovation Fund, BBC, Breakthrough Energy, International Energy Agency, Greenpeace Locations: Texas, Abu Dhabi, United States, Europe, Switzerland, Germany, Kenya, Paris

☆ UniCredit 'rebalancing' Amundi relationship in fee income drive
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

It's rebalancing a little bit, and will rebalance going forward," UniCredit CEO Andrea Orcel told analysts when presenting the bank's third quarter results. Sources told Reuters in May that UniCredit had been trimming the proportion of Amundi funds in its total AUM, paying penalties for failing to meet contractual minimums. Orcel said UniCredit will maintain its current "open architecture" approach to asset management, which involves partnering with all major players, including Amundi, to offer "best in class" products. Since taking over at UniCredit in 2021, the former investment banker, has been working to boost revenue from asset management in an effort to increase net fee income as a proportion of UniCredit's overall revenue. As he sought to review the 10-year Amundi distribution deal, Orcel signed an agreement with Azimut (AZMT.MI) in late 2022 giving the Italian asset manager access to UniCredit's clients.

Persons: Dado Ruvic, UniCredit, Amundi, It's, Andrea Orcel, Orcel, Valentina Za, Alexander Smith Organizations: REUTERS, Reuters, BlackRock, Thomson Locations: UniCredit, Italian

"Children ... have started to develop serious trauma symptoms such as convulsions, bed-wetting, fear, aggressive behaviour, nervousness, and not leaving their parents' sides," said Gaza psychiatrist Fadel Abu Heen. More than 4,100 Palestinians have been killed in Gaza so far, including more than 1,500 children, while 13,000 people have been injured according to the Palestinian health ministry. Conditions in makeshift shelters in United Nations schools, where more than 380,000 people are camped out in hope of escaping the bombardment, only compound the problem. They cry all night, they pee themselves without meaning to and I don't have time to clean up after them, one after the other," said Tahreer Tabash, a mother of six children sheltering in a school. A 2022 report by aid group Save the Children found the psychosocial wellbeing of children in Gaza at "alarmingly low levels" after 11 days of fighting in 2021, leaving half of all Gaza children in need of support.

Persons: Khan Younis, Mohammed Salem, Fadel Abu Heen, Tahreer Tabash, Tabash, Abu Heen, Ibrahim al, Agha, Nidal al, Angus McDowall, Crispian Balmer, Mark Heinrich Our Organizations: United Nations, REUTERS, Israel Little, Hamas, Thomson Locations: Gaza, GAZA, U.N, Israel, Gaza City, Abo, wailed

☆ Meet the typical at-work ChatGPT user: A millennial secretly submitting writing tasks who's a bit worried AI will replace them
▼ + stars: | 2023-10-18 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Workers using ChatGPT are likely to be a millennial, college educated, and seeking help with writing tasks. The typical worker using ChatGPT is using it for writing tasksWorkers mentioned in story not pictured. The typical worker using ChatGPT is doing so in secretA remote worker. In the subsequent months, it's likely that many workers using ChatGPT have been forced to continue doing so at least partially in secret. The typical worker using ChatGPT is a bit worried the tech could take their job somedayApplicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022.

Persons: —, ChatGPT, they've, AJ Eckstein, Lais Silva, she'd, Gen Zers —, they'd, James Crisp, Tricia LaRue, It's, hadn't, it's, they're, Goldman Sachs Organizations: Workers, Service, Fortune, Google, realtors, Getty, Pew Research, MIT, Reuters, Deloitte, North American, Associated, Gallup Locations: Jersey, Missouri, Atlantic City

☆ Iran Holds State-Organised Rallies in Support of Palestinians
▼ + stars: | 2023-10-13 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

(Reuters) - State-organised rallies were held across Iran on Friday in support of Tehran's Palestinian Islamist ally Hamas and against the ongoing Israeli bombardment of the blockaded Gaza Strip, state TV reported. Israel has been pounding Gaza with air strikes and artillery fire since the deadliest ever Hamas attack on Israel last weekend. Tehran's state television described the Iranian rallies as "screams of a common pain ... However, the Islamic Republic's government's unwavering support for Hamas and other militant Palestinian and Lebanese groups does not have wide popular support in Iran. Iranian Foreign Minister Hossein Amirabdollahian was in Beirut on Friday to discuss the Israel-Hamas war with Hezbollah.

Persons: Hamas, Israel, Hossein Amirabdollahian, Mark Heinrich Organizations: Reuters, Gaza, Hamas, Iranian Locations: Iran, Palestinian, Gaza City, Israel, Lebanese, Gaza, Tehran, Islamic Republic, Beirut

☆ What Wall St, policymakers have to say on potential Exxon-Pioneer deal
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +3 min

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. A deal would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could deepen the oil major's position in the country's most lucrative oil patch. Following are the comments on the likely deal. BILL SMEAD, CHIEF INVESTMENT OFFICER OF SMEAD CAPITAL MANAGEMENT"I can't imagine any deal is going to go for less than $65 billion, considering Pioneer is currently trading around $50 billion . I mean there's no question the position of that magnitude or size would give them considerable leverage in negotiating or contracts with the service providers."

Persons: Lucas Jackson, BILL SMEAD, PETER MCNALLY, Scott Sheffield, SHELDON WHITEHOUSE, BEN COOK, HENNESSY, NEAL DINGMANN, Arunima Kumar, Sourasis Bose, Sabrina Valle, Raphael Satter, Arun Koyyur Organizations: Exxon Mobil Corporation, New York Stock Exchange, REUTERS, Exxon Mobil, Natural Resources, Mobil, RBC, RHODE, Exxon, Thomson Locations: New York, United States, Bengaluru, Houston

☆ Exxon-Pioneer deal talks: What Wall St, policymakers have to say
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. It would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could deepen the oil major's position in the country's most lucrative oil patch. MATTHEW BERNSTEIN, SENIOR SHALE ANALYST, RYSTAD ENERGY"If Exxon Mobil is crowned the undisputed king of the Permian in the coming days, the shale sector will fundamentally become a more mature consolidated business." "A deal the size of Exxon Mobil's potential acquisition of Pioneer, however, could usher in a new 'Shale 4.0' era ... BILL SMEAD, CHIEF INVESTMENT OFFICER OF SMEAD CAPITAL MANAGEMENT"I can't imagine any deal is going to go for less than $65 billion, considering Pioneer is currently trading around $50 billion .

Persons: Lucas Jackson, MATTHEW BERNSTEIN, MARK VIVIANO, Scott Sheffield, BILL SMEAD, PETER MCNALLY, SHELDON WHITEHOUSE, BEN COOK, HENNESSY, NEAL DINGMANN, Arunima Kumar, Sourasis Bose, Sabrina Valle, Raphael Satter, David French, Sriraj Kalluvila, Arun Koyyur Organizations: Exxon Mobil Corporation, New York Stock Exchange, REUTERS, Exxon Mobil, Natural Resources, Mobil, Exxon, RBC, RHODE, Thomson Locations: New York, United States, Bengaluru, Houston

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