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☆ Suicide bombing in Pakistan's capital kills 2 suspects and a policeman
▼ + stars: | 2022-12-23 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

At least three police officers and seven passersby were wounded in the bombing in Islamabad. The Pakistani Taliban claimed responsibility for the explosion. Friday’s bombing happened about 9 miles from the garrison city of Rawalpindi, home of the military and government spy agencies. Pakistani Taliban have stepped up attacks on security forces since November, when they unilaterally ended a monthslong cease-fire with the country’s government. The Pakistani Taliban are separate but allied with the Afghan Taliban, who seized power in neighboring Afghanistan last year as U.S. and NATO troops withdrew after 20 years of war.

☆ Al Qaeda releases video it claims is narrated by leader al-Zawahiri who was believed dead -SITE
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

CAIRO, Dec 23 (Reuters) - Al Qaeda has released a 35-minute recording the group claims was narrated by its leader Ayman al-Zawahiri, who was believed to have been killed in a U.S. raid in August 2022, SITE intelligence group said on Friday. The recording was undated and the transcript did not clearly point towards a time frame for when it could have been made. Al Qaeda has not named a successor. But Saif al-Adel, a mysterious, low-key former Egyptian special forces officer who is a high-ranking member of Al Qaeda, is seen by experts as the top contender. Reporting by Enas Alashray; Editing by Nadine Awadalla, Chris Reese, Michael Georgy and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Indian stocks top Asian markets, strong economic growth fuels hope
▼ + stars: | 2022-12-22 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

"Global investors, sovereign funds and other institutions are looking to raise exposure to India in their emerging markets portfolios. The world-beating stocks performance has helped India to double its weight in MSCI's emerging markets index to 16% from 2019, but overseas investors have missed out in the local rally. Foreign portfolio investors sold a net $18 billion this year of Indian assets but turned buyers in November and December. The IPO came after the government offloaded its decades-old, debt-laden flag carrier Air India to Tata Sons for $2.4 billion in enterprise value. Apple said it will manufacture iPhone 14 in India, while a key supplier Foxconn (2317.TW) plans to quadruple the workforce at its Indian plant, Reuters has reported.

☆ Behind a Wall Street headhunter's rapid ascent lie accusations of harassment and abuse
▼ + stars: | 2022-12-21 | by ( Alex Morrell | ) www.businessinsider.com time to read: +38 min

"It was a complete whirlwind, and it felt too good to be true," Morrison told Insider. "Everyone is given a calendar reminder of when they have to submit a review," one former employee told Insider. Durlston told Insider she wasn't a credible source given the acrimonious nature of her departure from Durlston. "Everyone gets pretty loose at these events," a former employee told Insider, noting the availability of alcohol throughout the day. Bahram told Insider this was not a prohibition but merely a suggestion that it would not be an appropriate arrangement.

☆ I drove hundreds of miles 'hands-free' in GM, Ford and Tesla cars – here's how it went
▼ + stars: | 2022-12-21 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

It aims to make Super Cruise available on 22 cars, trucks and SUVs globally by the end of 2023. When the steering-wheel light bar illuminates in green with GM's Super Cruise, drivers may remove their hands from the steering wheel. When Super Cruise did disengage, it would typically be available again minutes, if not seconds, later. Both Ford and GM systems would have likely hit a temporary concrete construction barrier if I hadn't taken over and disengaged on a large S-curve roadway near Detroit. Super Cruise and BlueCruise both disengaged several times for what seemed like no reason, only to reengage quickly after.

☆ The Biggest Debates and Opinions in 2022 - The New York Times
▼ + stars: | 2022-12-20 | by ( ) www.nytimes.com time to read: +30 min

Opinion The 22 Debates That Made Us Rage, Roll Our Eyes, and Change Our Minds in 2022Debating is what we do here at Times Opinion. To many, she was an icon: She ruled for 70 years, presided over the transition from empire to commonwealth and served as a living link to the generation that won World War II. (Though Ben Bernanke, a former Fed chairman himself, wrote in The Times that that wasn’t going to happen.) The United States and its European allies poured weapons and aid into Ukraine, but how was this going to end? As 2022 draws to a close, the fighting continues and peace talks look as distant as ever — which probably means that the debates will continue.

☆ Dwayne Johnson says 'Black Adam 2' won't be part of new phase of DC movies at Warner Bros
▼ + stars: | 2022-12-20 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

(L-R) Hiram Garcia and Dwayne Johnson attends the "Black Adam" premiere at Cine Capitol on October 19, 2022 in Madrid, Spain. A "Black Adam" sequel won't be part of the next phase of DC movies from Warner Bros. "DC and Seven Bucks have agreed to continue exploring the most valuable ways Black Adam can be utilized in future DC multiverse chapters," Johnson wrote in a tweet. The move comes as Warner Bros. "Black Adam" was among the properties that have been disappointing for Warner Bros.

[1/2] The European Central Bank (ECB) building is seen from a cafe amid Christmas decorations, before the monthly news conference following the ECB's monetary policy meeting in Frankfurt, Germany December 15, 2022. Formed in October, Meloni's government is also holding out on ratifying the euro zone's bailout fund. INFLATION TARGETECB policymakers from across the euro zone defended the bank's decision-making on Friday. Estonian governor Madis Mueller said rates would probably need to rise more than markets had expected so far, while Finnish central bank chief Olli Rehn said 50 bps hikes were likely at each of its next two meetings. Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while economic growth will be weaker with a recession next year now certain, the Bundesbank said on Friday.

☆ US pilots are testing the aging A-10 Warthog for a new kind of mission against more advanced enemies
▼ + stars: | 2022-12-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

A US Air Force crew chief prepares to launch an A-10 for Green Flag-West in California on November 9. Samara TaylorFor years, the Air Force has sought to scrap the Warthog, believing the aging plane might not survive against modern Russian and Chinese air defenses. (Congress finally relented this month, allowing the Air Force to begin retiring A-10s in the coming year.) Since 1981, the Air Force has used the exercise to train to provide air support to Army units. US Air Force Capt.

☆ France stand firm to overpower gallant Morocco
▼ + stars: | 2022-12-14 | by ( Mark Gleeson | ) www.reuters.com time to read: +4 min

"There's emotion, there's pride, there's going to be a final step, we've been together with the players for a month, it's never easy, there's happiness so far," said coach Didier Deschamps. France found themselves in an absorbing battle as Morocco showed them no deference and made many chances of their own, coming close to an equaliser. The world champions’ defence had to scramble several times, including a late goalline clearance and Morocco struck the post with a spectacular bicycle effort. France swept forward and converted their first chance through Hernandez to put their opponents on the back foot. NO FAIRYTALEWhile there was to be no fairytale continuation of their unprecedented run to the last four, Morocco exited with their heads held high.

☆ Umar Patek: Bali bomber released on parole in Indonesia after serving half of 20-year sentence
▼ + stars: | 2022-12-07 | by ( ) edition.cnn.com time to read: +2 min

Jakarta, Indonesia CNN —Indonesia has released on parole Umar Patek, a bomb maker in the deadly 2002 Bali attacks, the Ministry of Law and Human Rights said on Wednesday. After his release on Wednesday, Patek is required to join a “mentoring program” until April 2030, according to the ministry statement. In August, Indonesia’s government said that Patek was eligible for parole after his sentence was reduced, a decision that sparked criticism from the victims’ families. “I think this going to be a very difficult day for many Australians – all Australians – to hear about the release of Umar Patek,” Marles told ABC radio. Three of the masterminds of the Bali bombings – Imam Samudra, Amrozi bin Nurhasyim and Ali Ghufron – were executed in 2008.

☆ Drone strikes deep in Russia seen as Ukrainian rebuff to missile barrages
▼ + stars: | 2022-12-06 | by ( Tom Balmforth | ) www.reuters.com time to read: +5 min

Military analysts saw the attacks as Kyiv's response to Russia on the same day that Moscow conducted another wave of missile strikes on critical infrastructure in Ukraine. wrote Russian military blogger Vladlen Tatarsky. Musiyenko added: "It's a moment for Russia to wonder about continuing to conduct missile strikes on Ukrainian territory. It was not the first time Russia accused Ukraine of using such drones for attacks inside its borders. In an opinion piece on Nov. 29, Ukroboronprom's general director Yuriy Gusev called for an "asymmetrical response" by the Ukrainian army to Russian missile volleys.

☆ Drone strikes in Russia seen as Ukrainian rebuff to missile barrages
▼ + stars: | 2022-12-06 | by ( Tom Balmforth | ) www.reuters.com time to read: +5 min

Ukrainian officials revelled in the blasts but declined to acknowledge Kyiv's role, after Russia said Ukraine used unmanned Soviet-era aerial vehicles to attack two air force bases in the Ryazan and Saratov areas of south-central Russia. On Tuesday, a third Russian airfield in Kursk, which lies closer to Ukraine, was set ablaze in another drone strike. Military analysts saw the attacks as Kyiv's response to Russia on the same day that Moscow conducted another wave of missile strikes on critical infrastructure in Ukraine. wrote Russian military blogger Vladlen Tatarsky. It was not the first time Russia accused Ukraine of using such drones for attacks inside its borders.

☆ Brace for a stagflationary crisis that the Fed and other policymakers will be powerless to prevent, Nouriel Roubini warns
▼ + stars: | 2022-12-06 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The 'Dr Doom' economist warned that 'the mother of all stagflationary debt crises' is coming. "The mother of all stagflationary debt crises can be postponed, not avoided," Roubini wrote in a Project Syndicate op-ed published Friday. But it's no longer possible for the Fed and other policymakers to support those debt-laden entities by slashing interest rates, as inflation remains close to multidecade highs in most developed markets. Read more: Brace for the Fed to steer the US into recession, Nouriel Roubini has warned. Here's where 'Dr Doom', Sam Zell, and 3 other top experts think the economy will suffer.

☆ Pilots at rivals call Delta's pay offer a new 'benchmark'
▼ + stars: | 2022-12-05 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +3 min

Delta's offer also includes a lump-sum one-time payment, reduced health insurance premiums, and improvements in holiday pay, vacation, company contributions to 401(k) and work rules. Its union estimates the proposed deal represents more than $7.2 billion of cumulative value increases over the next four years. Similarly, United pilots turned down an offer that included more than 14.5% cumulative wage increases and enhanced overtime and training pay. Analysts at Jefferies estimate Delta's offer could hike non-fuel operating costs by 450 basis points in 2023 vis-à-vis 2019. Casey Murray, a pilot and the president of the Southwest Airlines Pilots Association, said Delta's proposed deal will help it in the competition for a shrinking pool of pilots.

☆ Delta, pilots reach labor deal with 34% pay hike
▼ + stars: | 2022-12-05 | by ( ) edition.cnn.com time to read: +3 min

The Atlanta-based carrier’s pilots have been working without a new contract for nearly three years after their old contract became amendable in December 2019, fueling frustration. With the industry returning to profitability, pilots argue airlines can pay them more to cover their increased costs of living. In the draft agreement, Delta promises that pay rates for its pilots will exceed those at United and American by at least 1%. In a memo to its members, the union representing Delta pilots said the deal represents more than $7.2 billion of cumulative value increases over the next four years. Hundreds of United pilots picketed outside Chicago’s O’Hare airport on Thursday, asking for an “industry-leading” contract.

If the deal is approved by Delta pilots, it is widely expected to act as a benchmark for contract negotiations at rivals United Airlines (UAL.O) and American Airlines (AAL.O). The Atlanta-based carrier's pilots have been working without a new contract for nearly three years after their old contract became amendable in December 2019, fueling frustration. In the draft agreement, Delta promises that pay rates of its pilots will exceed those at United and American by at least 1%. In a year of protests for the industry, pilots at all major U.S. carriers have been demanding higher wages and a better work-life balance. In its memo, Delta's pilot union said more than 25% of the value of the contract agreement is dedicated to quality-of-life related items.

☆ India's Reliance makes rare buy of Russian naphtha, ups fuel oil imports
▼ + stars: | 2022-12-02 | by ( Mohi Narayan | ) www.reuters.com time to read: +2 min

The private refiner did not buy Russian naphtha in 2020 and 2021. Its annual imports of Russian naphtha were restricted to just one parcel in four years to 2019, the data showed. The data showed a panamax carrier Okyroe sailing towards India laden with about 59,000 tonnes of Russian naphtha. Russian naphtha is being sold at lower premiums to countries like India, two Asian naphtha traders said. FUEL OIL IMPORTS SURGEReliance, its two plants together capable of processing 1.4 million barrels of oil a day, has emerged as a key buyer of Russian oil since Moscow's February military action in Ukraine.

For years, Argentine fans said that no matter how many Ballons d'Or and trophies Messi won with Barcelona, he could never match Maradona until he too lifted a World Cup. EMOTIONAL MESSIMany of the banners show Messi and Maradona together, some depicting the late No. And Messi himself has opened up emotionally to rally the team and nation after their shock defeat to Saudi Arabia. "For me, Messi has always felt and done his all for the national team, from his first game until now. "Messi has suffered from being a venerated star in Barcelona but often under attack here in Argentina."

☆ World Cup 2022 top goal scorer: who could win Golden Boot?
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +5 min

Dec 1 (Reuters) - The 2022 FIFA World Cup in Qatar is nearing its knockout phase. England's captain Harry Kane bagged the prize in the 2018 edition of the World Cup in Russia, where he scored six goals and led his team to the semi-finals. MARCUS RASHFORDSoccer Football - FIFA World Cup Qatar 2022 - Group B - Wales v England - Ahmad Bin Ali Stadium, Al Rayyan, Qatar - November 29, 2022 England's Marcus Rashford with manager Gareth Southgate after being substituted REUTERS/Hannah MckayThe England striker has enjoyed a dream start to his World Cup campaign in Qatar. BRUNO FERNANDESSoccer Football - FIFA World Cup Qatar 2022 - Group H - Portugal v Uruguay - Lusail Stadium, Lusail, Qatar - November 28, 2022 Portugal's Cristiano Ronaldo and Bruno Fernandes celebrate after the match REUTERS/Kai PfaffenbachPortugal's run in the World Cup in Qatar so far has been overshadowed by controversy surrounding Cristiano Ronaldo and his acrimonious departure from Manchester United. WORLD CUP TOP GOAL SCORER 2022: GOLDEN BOOT STANDINGS** Stats as of Nov. 30Compiled by Siddharth K in Bengaluru; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening
▼ + stars: | 2022-12-01 | by ( Savyata Mishra | ) www.reuters.com time to read: +4 min

Market participants turned bullish on the U.S. dollar-sensitive South Korean won for the first time since July 1, 2021, the poll of 12 analysts showed on Thursday. Expectations that the dollar's strength and U.S. yields had peaked saw investors return to emerging markets in November. "Given the negative burden of the Fed's tightening cycle on Asian currencies, an eventual pivot toward easing will likely deliver a rally in Asia FX," BofA analysts said in a note last week. However, Barclays analysts warn of challenges from increased fragmentation of domestic politics and the slowing economy. The poll uses estimates of net long or short positions on a scale of minus 3 to plus 3.

☆ Secret 9/11 memo reveals Bush rewriting the history of the 9/11 attacks and the warnings he'd tuned out
▼ + stars: | 2022-11-30 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +19 min

The ten members of the 9/11 Commission got to ask him and Vice President Dick Cheney any question they wanted about the September 11th attacks. What the new memo makes clear is that the White House's lack of urgency in facing down the domestic Al Qaeda threat wasn't all that complicated. Fortunately for Bush, the 9/11 Commission Report was careful not to point the finger directly at the sitting president. Still, when set beside the newly declassified memo, their official version of history as described by the 9/11 Commission Report feels incomplete, and sanitized. On the question of whether Al Qaeda came up during the August 17 briefing, Morell said he did not remember.

LONDON, Nov 28 (Reuters) - Paris' luxury-laden stock exchange is now worth more than London's. France's CAC All Shares index (.PAX) is now worth almost $3 trillion, making it Europe's largest stock market by value thanks to demand for its luxury-retailer blue chips. Reuters GraphicsFUND FLOWSSo far in 2022, funds investing in UK stocks have seen record outflows of 23 billion euros, according to Refinitiv Lipper, up from almost 18 billion euros last year and the 14.6 billion euros shed in 2016, when Britain voted to leave the European Union. Annual outflows from French equity funds are much smaller - at 2 billion euros this year. FX MATTERSIt's also worth noting that currency comes into play when measuring the size of London's market against Paris' in dollar terms.

☆ Foxconn unrest risks iPhone shipments, weighs on Apple shares
▼ + stars: | 2022-11-26 | by ( Yimou Lee | ) www.reuters.com time to read: +5 min

Apple shares were down 1.9% in late morning trade on Friday, while the benchmark Nasdaq index was down 0.3%. LOWER SHIPMENTSKGI Securities analyst Christine Wang said if the current issue lasts through December, around 10 million units of iPhone production will be lost, which translates to 12% lower iPhone shipment in the last quarter of 2022. REUTERS/Ann Wang 1 2Wedbush Securities estimates many Apple stores now have 25% to 30% fewer iPhone 14 Pros than normal heading into the holiday shopping season. In a statement on Nov. 7, Apple said it expected lower iPhone 14 Pro and iPhone 14 Pro Max shipments than previously anticipated. Another Foxconn source familiar with the matter said some new hires had left the campus but did not elaborate on how many.

☆ More than 20,000 new hires have left Apple supplier Foxconn's Zhengzhou plant in China - Foxconn source
▼ + stars: | 2022-11-25 | by ( Yimou Lee | ) www.reuters.com time to read: +2 min

TAIPEI, Nov 25 (Reuters) - More than 20,000 employees, most of them were new hires not yet working on the production line, have left Apple (AAPL.O) supplier Foxconn's (2317.TW) Zhengzhou plant in China, a Foxconn source familiar with the matter told Reuters on Friday. The worker departures come after the Taiwanese firm offered on Thursday 10,000 yuan ($1,396) to employees who wanted to resign and leave the chaos-hit plant. Videos posted on Chinese social media on Friday showed crowds and long lines of luggage-laden workers queuing for buses. A second Foxconn source familiar with the matter said some new hires had left the campus but did not elaborate on how many. The curbs forced the company to isolate many employees and the plant's conditions prompted several to flee.

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