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☆ Nasdaq divides business into three units to streamline operations
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. It said Market Platforms, Capital Access Platforms and Anti-Financial Crime will be the new units that will focus on digital assets, carbon markets, providing investment intelligence apart from U.S. equities. Register now for FREE unlimited access to Reuters.com RegisterNasdaq's efforts to streamline its operations come after the sector, which largely catered to stocks and derivatives, underwent an upgrade as cryptocurrencies gained popularity. Last week, Nasdaq launched a digital assets business that places it in a direct competition with crypto exchanges Binance and Coinbase Inc (COIN.O). Register now for FREE unlimited access to Reuters.com RegisterReporting by Mehnaz Yasmin in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ 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.

☆ Three rockets fell in Iraq's green zone -state news agency
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Sept 28 (Reuters) - Three Katyusha rockets landed in Baghdad's fortified Green Zone while a parliament session was being convened, Iraqi state news agency INA reported on Wednesday. Four security personnel were injured, INA added. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alaa Swilam and Enas Alashray; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

☆ UAE, Oman to boost trade and investment ties
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Sept 28 (Reuters) - The UAE and Oman are exploring investment opportunities worth 30 billion dirhams and will increase bilateral economic cooperation in strategic sectors, according to a statement released during President Sheikh Mohammed bin Zayed's visit to the Sultanate. Considered one of the Gulf's weaker economies, increased trade and investment support from a regional heavyweight - the UAE is the Gulf's second biggest economy - will help the Sultanate progress with plans to diversify its economy away from oil. Register now for FREE unlimited access to Reuters.com RegisterADQ and OIA have previously signed a 10 billion dirham investment partnership agreement. The UAE and Oman have committed to long term economic development plans to diversify revenue away from hydrocarbons. The UAE, through funds such as ADQ, has intensified regional investments in sectors seen as strategic to the domestic economy.

☆ Nine reported killed as Iran Revolutionary Guards target dissident sites in Iraq
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +3 min

Smoke rises from the Iraqi Kurdistan headquarters of the Kurdish Democratic Party of Iran, after Iran's Revolutionary Guards' strike on the outskirts of Kirkuk, Iraq September 28, 2022. REUTERS/Ako RasheedDUBAI, SULAIMANIYA, Iraq Sept 28 (Reuters) - Iran's Revolutionary Guards said on Wednesday they fired missiles and drones at militant targets in the Kurdish region of neighbouring northern Iraq, where an official said nine people were killed. A senior member of Komala, an exiled Iranian Kurdish opposition party, told Reuters that several of their offices were struck as well. The Revolutionary Guards, Iran's elite military and security force, said after the attacks that they would continue targeting what it called terrorists in the region. Protests erupted in Iran this month over the death of a young Iranian Kurdish woman, Mahsa Amini, in police custody.

☆ Oil up $2 a barrel from multi-month low on U.S. Gulf supply cuts, softer dollar
▼ + stars: | 2022-09-27 | by ( Laila Kearney | ) www.reuters.com time to read: +3 min

An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. "Oil is currently under the influence of financial forces," said Tamas Varga of oil broker PVM. BP and Chevron said on Monday they had shut production at offshore platforms in the Gulf of Mexico as Hurricane Ian approached. read moreThe outages may only provide a momentary reprieve for oil prices, Jim Ritterbusch, of Ritterbusch and Associates, said in a note. Iraq's oil minister on Monday said the group was monitoring prices and did not want a sharp increase or a collapse.

☆ UK shop price inflation speeds up again to new high - BRC
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

LONDON, Sept 28 (Reuters) - The climb in prices charged by shops and supermarkets in Britain accelerated again in the 12 months to September, hitting its highest since records began in 2005, the British Retail Consortium said on Wednesday. Market research firm NielsenIQ, which co-produces the data, said 76% of consumers expected to be moderately or severely affected by the cost-of-living crisis over the next three months, up from 57% in the summer. Britain's consumer price index, which measures a broader range of prices than the BRC's data, hit a 40-year high of 10.1% in July before easing back to 9.9% in August. The cost of imported goods in Britain faces further inflationary pressure after a slump in the value of the pound triggered by the announcement of tax cuts by new finance minister Kwasi Kwarteng last week. Register now for FREE unlimited access to Reuters.com RegisterReporting by William Schomberg, editing by Andy BruceOur Standards: The Thomson Reuters Trust Principles.

☆ In Syrian north, women protest over death of Iran's Amini
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +3 min

Mahsa Amini, 22, died earlier this month after being arrested in Tehran by police enforcing the Islamic Republic's strict restrictions on women's dress. Her death has touched off Iran's biggest unrest since 2019. Protesters held aloft pictures of Amini as they marched through a street in the northeastern Syrian city of Qamishli. 1/5 Women burn headscarves during a protest over the death of 22-year-old Kurdish woman Mahsa Amini in Iran, in the Kurdish-controlled city of Qamishli, northeastern Syria September 26, 2022. The Kurdish ethnic minority live mostly in a region straddling the borders of Armenia, Iraq, Iran, Syria and Turkey.

☆ Kurdish protesters rally in Erbil over Mahsa Amini's death
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +2 min

People take part in a protest following the death of Mahsa Amini in front of the United Nations headquarters in Erbil, Iraq September 24, 2022. Protestors carrying placards with Amini's photograph gathered outside the United Nations compound in Erbil chanting"Death to the dictator" - a reference to Iranian Supreme Leader Ayatollah Ali Khamenei. Amini's death has reignited anger over issues including restrictions on personal freedoms in Iran, the strict dress codes for women and an economy reeling from sanctions. "We are not against religion, and we are not against Islam, we are secularists, and we want religion to be separate from politics," said protester Maysoon Majidi, who is a Kurdish Iranian actor and director living in Erbil. Register now for FREE unlimited access to Reuters.com RegisterEditing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

☆ Mizuho downgrades Block, says bitcoin fixation causing company to lose ground on core business
▼ + stars: | 2022-09-22 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Block has enormous potential in payments that it's not cashing in, according to Mizuho. The firm downgraded shares of the company to neutral from buy and slashed its price target to $57 from $125. Bitcoin accounted for less than 5% of gross profits in the first half of 2022, according to the note. Cash app is seeing lower growth due to over-saturation in low-income households, lower penetration in key age groups, slowing adds despite doubling user acquisition costs and lower monetization. Afterpay is also seeing slowing credit volumes, a worrisome trend that also led Mizuho to cut its gross profit expectations by 20% for the segment.

☆ Powell Should Stress Hawkish Stance Against Inflation: Mike Novogratz
▼ + stars: | 2022-09-20 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Fed Chair Jerome Powell should stress the central bank's hawkish stance against inflation, Mike Novogratz said. "[Powell] threw us all off track a little bit two meetings ago when he said, 'I'm going to raise rates and then pause and watch.' "I think [Powell's] going to go, 'I'm going to raise rates. I'm going to stay vigilant and I'm going to raise rates until I see inflation start to crack," Novogratz said. Novogratz expects the Fed on Wednesday to raise the Fed funds rate by 75 basis points, a view largely held by investors.

☆ Retail tech firm Swiftly just became the latest startup to enter the unicorn club. Meet the 6 other adtech firms that reached $1 billion valuations despite the economic downturn.
▼ + stars: | 2022-09-20 | by ( Elizabeth Pham Janowski | ) www.businessinsider.com time to read: +8 min

Retail tech firm Swiftly is the latest unicorn after a $100 million funding round in September. It was the company's second $100-million funding round in the past six months. SwiftlyUnicorn as of: September 2022Total funding to date: $210 million, according to SwiftlyMost recent valuation: $1.1-1.2 billion, according to SwiftlyFive-year-old Swiftly is the newest adtech startup to enter the unicorn club. Its rise to over $1 billion value came from a $100 million Series C round led by BRV Capital Management, announced Monday. In February, the six-year-old company closed on a $150 million Series C funding round led by Tiger Global Management.

☆ Top-tier MBA students are shelling out thousands to network and party at 'Yacht Week' in the Mediterranean
▼ + stars: | 2022-09-18 | by ( Bethany Biron | ) www.businessinsider.com time to read: +3 min

MBA students are flocking to Yacht Week each summer to party and hobnob with potential future employers and colleagues. Yacht Week was created in 2006 by the Swedish company Day 8 AB, and has continued to grow every year since, according to its website. Today it hosts more than 500 MBA students — typically hailing from top-tier US programs at schools like Harvard, Duke, Dartmouth, and Northwestern — every summer for week-long trips. According to the Wall Street Journal, hosting these business students has expanded into big business — from 2007 to 2022, the number of yachts has grown from 95 total to just under 1,000 in 2022. "Someone from Yacht Week is going to be a really important part of my life one day," Jaron Wright, a Harvard MBA student told WSJ.

As Russia bombs its neighbor, what has become the biggest European war since 1945 has had an outsized impact far south, in the Middle East. Here are four ways the Ukraine war has affected the Middle East over the last six months:Energy exporters are cashing inThe war has seen oil prices rise to as much as a 14-year high. Despite vowing to turn Saudi Arabia into a pariah, US President Joe Biden visited Saudi Arabia in a landmark trip last month. Saudi Arabia: #How_many_wives_would_you_takeSaudi men took to Twitter to ask each other how many wives they’d like to take. According to the 2019 report by the Doha International Forum called State of Marriage in the Arab World, information on polygamy in Saudi Arabia is not readily available.

☆ Restaurants in Oregon illegally withheld tips from workers and even let managers take some, the DOL says
▼ + stars: | 2022-03-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

An Oregon restaurant chain withheld tips from workers and let managers take a portion, the DOL said. The DOL recovered almost $170,000 in back wages and liquefied damages for 118 workers. The DOL said it recovered almost $170,000 for 118 workers at the three branches of KKOKI in Portland, Eugene, and Salem. Millions of restaurant workers quit their jobs during the pandemic because of low wages, lack of benefits, and poor working conditions. The DOL said it recovered $84,864 in back wages for staff and the same amount in liquidated damages.

Spanish firm Genaq extracts water through the air with atmospheric generators. Since 2008, the company has been investing in researching, development, and industrialization of atmospheric water generators produced in Lucena. "In the air we breathe there is a certain degree of humidity which is actually water. From there, teams can dispense the water they just produced on-site for all sorts of situations — from emergencies and dwindling water supplies to a total water shortage. "In many cases, the water we're producing is no longer an extra or alternative water supply; it's the main source of water," says Inmaculada Armenteros.

☆ Cel puțin 27 de oameni au murit în două atacuri sinucigașe, la Bagdad
▼ + stars: | 2021-01-21 | by ( ) www.jurnal.md time to read: +1 min

Cel puțin 27 de oameni au murit în două atacuri sinucigașe, la BagdadCel puțin 27 de oameni au murit și peste 70 au fost răniți în urma unor atacuri sinucigașe care au avut loc în Bagdad. Zeci de persoane din piața centrală din Bagdad s-au strâns în jurul lui, moment în care a detonat bomba. A doua bombă a fost detonată la scurt timp după prima, când cei prezenți au încercat să le acorde primul ajutor victimelor. Atentatele sinucigașe au fost rare în capitala irakiană de la înfrângerea Statului Islamic în 2017. Ultimul a avut loc în ianuarie 2018, tot în Piața Tayaran, în urma căruia au murit 27 de persoane

Persons: Ministrul Locations: Bagdad, tentatele

A doua bombă a fost detonată la scurt timp după prima, când cei prezenți au încercat să le acorde primul ajutor victimelor. Bilanțul morților ar putea să crească din cauza stării critice în care se află multe dintre victime. #BREAKING📹 | Explosion in Iraq's Baghdad▪️ 3 people killed, 16 others wounded after the suicide bomb attack. Atentatele sinucigașe au fost rare în capitala irakiană de la înfrângerea Statului Islamic în 2017. Ultimul a avut loc în ianuarie 2018, tot în Piața Tayaran, în urma căruia au murit 27 de persoane.

Locations: tentatele

☆ This 29-year-old bought a $60,000 Tesla with a credit card and earned an estimated $5,000 in rewards
▼ + stars: | 2018-08-16 | by ( Yoni Blumberg | ) www.cnbc.com time to read: +2 min

"The trick with my Tesla purchase is the card I used, [the] Chase Ink Business Preferred, earned 3X points for the purchase," Rosso tells CNBC Make It. Ink Business Preferred cardholders receive 3 points on every dollar spent in a range of categories designed to benefit small-businesses owners. The 2.5 percent fee came out to about $1,470, while the purchase earned him nearly 180,000 Chase Ultimate Rewards points. To buy something as expensive as a Tesla, you'll also need a high credit line, which can be a perk of a business card. Technically you need to run a business to qualify for a business card, but the definition of "business owner" these days can be broader than it may seem.

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