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A Russian-installed official said on Sunday that Ukraine had taken control of the village, Piatykhatky, in the southern Zaporizhzhia region. Ukraine's Deputy Defence Minister Hanna Maliar said Ukrainian forces had not only retaken Piatykhatky but had advanced by up to seven km (4.3 miles) into Russian lines in two weeks, capturing 113 square km (44 square miles) of land. The reported capture of the villages reflects incremental gains for Ukraine that highlight the challenge of breaking through lines Moscow has spent months strengthening. Russia says it invaded Ukraine to "denazify" it, an argument Ukraine and its Western allies call a pretext for a land grab. While Ukraine conducts what Western governments and analysts say are probing attacks to test Russian forces, officials from two NATO member states said Moscow is redeploying some of its forces as it seeks to predict where Ukraine will strike.

Persons: Ukraine Zelenskiy, Hanna Maliar, Piatykhatky, Maliar, Volodymyr Zelenskiy, Vladimir Rogov, Margo Grosberg, Michael Kofman, Denise Brown, Dan Peleschuk, Lidia Kelly, Wendell Roelf, Philippa Fletcher, Angus MacSwan Organizations: Russian Defence Ministry, NATO, Russia, Western, Estonian Defense Forces, Twitter, Russia's Defence Ministry, United Nations, Thomson Locations: Ukraine, Russia, French, KYIV, Russian, Piatykhatky, Moscow, Ukrainian, Novodonetske, Donetsk, Sweden, Estonian, Dnipro, Estonia, U.S, Great Salt, Kherson region, Kyiv, West

☆ Russia's claim that it won in Bakhmut may be meaningless — and a good sign for Ukraine's upcoming counteroffensive
▼ + stars: | 2023-05-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Russia claimed victory over Bakhmut after a monthlong battle over the eastern Ukrainian city. On Sunday, Russia's defense ministry backed a claim first made by the head of the Wagner paramilitary group, Prigozhin, that Russian forces have seized Bakhmut. "Their capture does not grant Russian forces operationally significant terrain to continue conducting offensive operations or any particularly strong position from which to defend against possible Ukrainian counterattacks." The battle in Bakhmut has also, at times, put the Wagner leader at odds with Russian President Vladimir Putin. "Russian forces will likely need additional reinforcements to hold Bakhmut City and its flanks at the expense of operations in other directions," ISW reported.

☆ Berkshire Hathaway cuts stake in EV maker BYD as Warren Buffett and Charlie Munger say they don't want to compete against Elon Musk
▼ + stars: | 2023-05-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The sale comes as Warren Buffett and Charlie Munger said they don't want to compete against Elon Musk. The share sale came just days before Warren Buffett and Charlie Munger said they don't want to compete with Elon Musk. Berkshire's current BYD stake is worth just over $3 billion. The comments came in response to a question about whether the two investors believe Elon Musk overestimates himself. Berkshire originally purchased its BYD stake in 2008 for just $232 million.

We're buying 150 shares of Coterra Energy (CTRA), at roughly $25.43 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 1,150 shares of CTRA, increasing its weighting in the portfolio to 1.1% from 0.95%. We're adding Coterra Energy and upgrading the stock back to a 1 rating . Coterra Energy has outperformed most of its peers year to date, which can be traced, in part, back to that change in its capital return framework. @NG.1 YTD mountain Natural gas YTD performance We think the upside move outweighs the downside potential as we have seen an unwillingness from the commodity to break below $2 and stay there.

The Sudanese air force is conducting operations against the RSF, the army said. Footage from broadcasters showed a military aircraft in the sky above Khartoum, but Reuters could not independently confirm the material. A Reuters journalist saw cannon and armoured vehicles deployed in streets, and heard heavy weapons fire near the headquarters of both the army and RSF. The RSF, which analysts say is 100,000 strong, said its forces were attacked first by the army. Civilian political parties that had signed an initial power-sharing deal with the army and the RSF called on them to cease hostilities.

☆ Sudan's army says paramilitary mobilisation risks confrontation
▼ + stars: | 2023-04-13 | by ( Khalid Abdelaziz Nafisa Eltahir | ) www.reuters.com time to read: +4 min

"These movements and deployments happened without the agreement of the leadership of the armed forces or even coordination with it," the army spokesman said. Deputy head of Sudan's sovereign council General Mohamed Hamdan Dagalo speaks during a press conference at Rapid Support Forces head quarter in Khartoum, Sudan February 19, 2023. Witnesses told Reuters that they saw a convoy of RSF vehicles including armoured trucks enter Khartoum on Thursday. Political figures issued statements on Thursday about attempts to mediate between the RSF and army high command. Hemedti, who has amassed considerable wealth and expanded domestic and foreign relations, has said repeatedly in speeches that he wants no confrontation with the army.

☆ Google announces a series of cost-saving measures across the company as it cuts some staff perks
▼ + stars: | 2023-03-31 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

Google has announced a series of cost-cutting measures across the company. Google has announced a series of cost-cutting measures as the company continues to tighten its belt and prioritize its work in artificial intelligence. While they wrote that some of these changes would not be noticeable to many staff, they added that other things "will impact some services Googlers use at work and beyond." The note added that Google is continuing to hire at a reduced pace, while redeploying teams to higher priority work. Here's the memo in full:Googlers,This year, one of our important company OKRs is to deliver durable savings through improved velocity and efficiency.

☆ Bank of America to redeploy wealth management, banking employees - source
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +1 min

March 24 (Reuters) - Bank of America Corp (BAC.N) is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the matter said on Friday, as higher interest rates continue to weigh on the businesses. Less than 200 employees are being moved to product specialist positions within the company's global operations organization, the source told Reuters. Based on current market conditions, we are re-aligning talent to support these areas," a Bank of America spokesperson said. The move highlights the broader weakness in Wall Street banks' mortgage and wealth management businesses in a rising interest rate environment. Wells Fargo & Co (WFC.N) slashed hundreds of jobs in its mortgage business across the U.S., Bloomberg News reported in December.

☆ Exclusive: Seoul mayor calls for South Korean nuclear weapons to counter threat from North
▼ + stars: | 2023-03-13 | by ( Hyonhee Shin | ) www.reuters.com time to read: +4 min

In an exclusive interview with Reuters, Seoul Mayor Oh Se-hoon added new fuel to a growing debate over how South Korea should arm itself as the North races to perfect its capability to strike the South with tactical nuclear weapons. "North Korea has nearly succeeded in miniaturising and lightening tactical nuclear weapons and secured at least dozens of warheads," Oh said. Oh, an influential member of President Yoon Suk Yeol's conservative People Power Party, is one of the highest-profile officials to actively advocate for a South Korean nuclear weapons programme. He dismissed opponents who warned of punishments from other countries, including sanctions, saying a South Korean nuclear programme would send a message to countries like China to curb the North's military buildup. "If North Korea’s nuclear threat becomes more visible and South Korea takes its own path to nuclear development, it will signal the start of a nuclear domino effect in Asia."

☆ In a leaked recording, an Amazon HR executive hints at rehiring employees who were laid off
▼ + stars: | 2023-03-07 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

AWS HR VP Ian Wilson said Amazon is looking for ways to rehire some of the laid off employees. Amazon laid off over 18,000 employees in January. Amazon slashed over 18,000 jobs in January to deal with slowing growth and a volatile economy. Some of those laid off employees may soon get a call to return to the company. Wilson said re-staffing laid off employees has been "top of mind" for him, but it's been difficult because of Amazon's recent hiring freeze.

☆ 'Quiet' is the workplace word of 2023
▼ + stars: | 2023-02-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

Bare Minimum Monday, another workplace buzzword of 2023, also relates to quiet quitting. Experts think those "quiet" trends and more are set to continue throughout 2023 and beyond. "Quiet hiring" is one of the "biggest workplace buzzwords" of 2023 per Insider's reporting. Emily Rose McRae of Gartner's HR Practice said per reporting from GMA that quiet hiring is a workplace trend in 2023 in part because of a shortage in talent. Other buzzwords of the year from Insider's reporting relate to quiet quitting even if they don't use the word quiet.

☆ As rivals surged in 2022, ExodusPoint shed assets and employees amid mixed performance. It reshuffled its business in November.
▼ + stars: | 2023-02-02 | by ( Alex Morrell | ) www.businessinsider.com time to read: +8 min

a hedge fund recruiter said, commenting on the calculus for hedge fund investors. At the end of 2021, the fund's exposure had been evenly split between fixed-income and equities, according to the investor documents. In all, more than 60 portfolio managers departed or were let go in 2022, according to the investor documents and people close to the matter. After the shakeup, ExodusPoint's income stream is now even more reliant on fixed-income trading — and that may not be such a bad thing. "The fixed income piece is doing incredibly well," another hedge fund recruiter said.

☆ Germany sending Leopard tanks to Ukraine, ending rift among Western allies
▼ + stars: | 2023-01-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +6 min

Ukrainian military leaders have said they need hundreds of the tanks to break through Russian defenses. Germany has more than 300 active Leopard tanks and more in storage. Several countries use Leopard tanks, including Canada, the Netherlands and Sweden. “The question is whether 100 tanks of different varieties will be enough to eject Russian forces from Ukraine. The deployment of Leopard tanks was the most significant, he said, because of its conventional diesel-powered engine, as opposed to the Abrams tanks, which are powered by jet fuel.

Instead, she invested more than half of her $40,500 down payment savings in the stock market. She took the second failed attempt at buying as a sign to shift gears on her house hunt and make better use of her down payment savings. She transferred $10,000 of her down payment savings into an I bondGarcia now has $18,586 in her down payment savings fund. She decided to invest $10,000 of that into a type of savings bonds issued by the US Treasury known as I bonds. By transferring her down payment savings into I bonds, Garcia is letting her down payment savings grow passively until she's ready to buy her first property.

We're selling 125 shares of Morgan Stanley (MS) at roughly $90.44 each, and buying 45 shares of Constellation Brands (STZ) at roughly $242.25 each. We're taking the Morgan Stanley funds and redeploying them into Constellation Brands on a nearly dollar-for-dollar basis. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Andrew Kelly | ReutersWe're selling 125 shares of Morgan Stanley (MS) at roughly $90.44 each, and buying 45 shares of Constellation Brands (STZ) at roughly $242.25 each. We're taking the Morgan Stanley funds and redeploying them into Constellation Brands on a nearly dollar-for-dollar basis.

☆ Explainer: What makes a nuclear weapon 'tactical'?
▼ + stars: | 2022-10-12 | by ( Josh Smith | ) www.reuters.com time to read: +4 min

Here are the characteristics of tactical nuclear weapons and why they have drawn so much attention. Register now for FREE unlimited access to Reuters.com RegisterWHAT IS A TACTICAL NUCLEAR WEAPON? Tactical nuclear weapons are often characterized by their size, their range, or their use for limited military targets. Russia has 1,000 to 2,000 warheads for non-strategic nuclear weapons in its arsenal, the CRS report says. "I don't think there's any such thing as the ability to easily (use) a tactical nuclear weapon and not end up with Armageddon," he said last week.

☆ South Korea's Yoon says North Korea has nothing to gain from nuclear weapons
▼ + stars: | 2022-10-11 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, Oct 11 (Reuters) - South Korean President Yoon Suk-yeol said on Tuesday that North Korea has nothing to gain from nuclear weapons, as the isolated country threatened to beef up its capability to attack its southern neighbour. "North Korea is consistently developing and upgrading its nuclear weapons and posing nuclear threats to not only our Republic of Korea but the world," Yoon told reporters, referring to South Korea by its official name. "I believe it has nothing to gain from nuclear weapons." North Korea's increasingly explicit nuclear threats has fanned a furore in Seoul, with some politicians and scholars calling for redeploying U.S. tactical nuclear weapons. The chief of South Korea's progressive main opposition has accused Yoon of pursuing a "pro-Japan defence policy" which he said might end up stationing Japanese military forces in South Korea.

☆ Oil rises 2% from multi-month lows on U.S. Gulf output cuts, supply outlook
▼ + stars: | 2022-09-28 | by ( Laila Kearney | ) www.reuters.com time to read: +3 min

The outages may only provide a momentary reprieve for oil prices, said Bob Yawger of Mizuho in New York. After shutting some its offshore crude production, BP Plc (BP.L) said the storm didn't pose a threat to its Gulf of Mexico assets and it was redeploying workers to oil platforms. "Oil is currently under the influence of financial forces," said Tamas Varga of oil broker PVM. Iraq's oil minister on Monday said the group was monitoring prices and did not want a sharp increase or a collapse. U.S. crude oil in storage rose by about 4.2 million barrels for the week ended Sept. 23, according to market sources citing American Petroleum Institute figures on Tuesday.

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