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☆ Cramer's Lightning Round: Alphabet is a buy
▼ + stars: | 2023-08-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Applied Materials' year-to-date stock performance. Stock Chart Icon Stock chart icon Telus International's year-to-date stock performance. Stock Chart Icon Stock chart icon Tutor Perini's year-to-date stock performance. Stock Chart Icon Stock chart icon Nio's year-to-date stock performance. Stock Chart Icon Stock chart icon Huntington Bancshares' year-to-date stock performance.

Persons: They're, Perini, They've, I'm, I'd, Huntington Bancshares, Huntington Organizations: Telus

☆ Ukraine's anti-graft police zero in on major wartime corruption
▼ + stars: | 2023-08-21 | by ( Dan Peleschuk | ) www.reuters.com time to read: +4 min

Semen Kryvonos, director of the National Anti-Corruption Bureau of Ukraine (NABU) speaks with Reuters, amid Russia's invasion of Ukraine, in Kyiv, Ukraine August 18, 2023. But now, according to Kyiv's top anti-graft cop, it's a matter of sheer survival as the country battles against Russia's invasion. "Corruption is no longer seen as a just a crime, but as a crime against national security," said Semen Kryvonos, head of the National Anti-Corruption Bureau of Ukraine (NABU). A bigger staff of 300 detectives, compared to the current level of nearly 250, would allow for a new unit dedicated solely to reconstruction-related crimes and to strengthen an existing one probing defence-related corruption, Kryvonos added. A Transparency-commissioned opinion poll in June found that at least 77% of Ukrainians believe corruption is currently among Ukraine's main problems.

Persons: Semen Kryvonos, NABU, Volodymyr Zelenskiy, Kryvonos, Zelenskiy, Dan Peleschuk, Tom Balmforth, Philippa Fletcher Organizations: Reuters, Bureau Press Service, REUTERS Acquire, Rights, Russia, Supreme, Ukraine, European Union, Thomson Locations: Ukraine, Kyiv, Russian, Brussels

☆ Ukraine sacks army recruitment chiefs in anti-graft shakeup
▼ + stars: | 2023-08-11 | by ( Dan Peleschuk | ) www.reuters.com time to read: +3 min

Zelenskiy said that any sacked army recruitment officers who are not being investigated should head to the front to fight for Ukraine "if they want to keep their epaulettes and prove their dignity". Ukraine has increasingly faced recruitment challenges as the war, now in an brutally attritional phase, nears the 18-month mark. Last month, the head of the Odesa region's recruitment centre was ordered into pre-trial detention on suspicion of illegal enrichment. Despite recent moves against graft, Ukraine still ranks 116th out of 180 countries in Transparency International's latest Corruption Perceptions Index. A Transparency-commissioned opinion poll in June found that 77% of Ukrainians believe corruption is among Ukraine's most serious problems.

Persons: Zelenskiy, Volodymyr Zelenskiy, Friday's, Valery Zaluzhny, Dan Peleschuk, Tom Balmforth, Philippa Fletcher Organizations: European Union, Thomson Locations: Western, Russia, Ukraine, Odesa, Spain

☆ Factbox: Patrick Drahi, the telco tycoon facing debt woes, arrest of aide
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +3 min

* Drahi, who lives between Switzerland, the United States and Israel, controls France's second-biggest telecoms firm SFR on top of the most-watched news channel in the country, BFM TV. He also owns the largest telecoms firm in Portugal. * To ease investor concerns about the sustainability of the business, Drahi spun off the U.S. division, restructured debt and took the European arm private. * By 2023, Altice's combined debt, including its three units of Altice France, Altice International and Altice USA stood at around $60 billion. Altice's debt prices trade at stressed levels, having come under further pressure since Pereira's detention in July.

Persons: Patrick Drahi, Violeta Santos Moura, Altice, Drahi, Altice's, Armando Pereira, Pereira, Silvia Aloisi, Ingrid Melander, Sharon Singleton, Louise Heavens Organizations: French, REUTERS, Polytechnique, SFR, U.S ., Altice, Altice USA, BT, Thomson Locations: Paris, France, French, Israeli, Morocco, Drahi, Amsterdam, Belgium, Portugal, Israel, United States, Dominican Republic, Switzerland, London, New York

The Tomohon Extreme Market was once a top tourist attraction in the Indonesian province of North Sulawesi — a live animal market filled with everything from fileted pythons to skewered bats and rats. Activists urged major travel companies to stop recommending the market as a tourism site, said Lola Webber, Humane Society International's director of campaigns. "Bali dealt with this issue by poisoning stray dogs, which ended up being just as bad, if not worse, than those that have been subjected to the dog meat trade." In a Tripadvisor post on March 5, a user discusses reading about Sulawesi's dog meat trade. The post states: "Well the next trip was going to be to Sulawesi, Indonesia ...

Persons: Lola Webber, —, you'll, Webber, Caroll Senduk, International's Lola Webber, Michael, Frank Delano Manus, We've, who've, Manus, Rahul Sehgal, Tripadvisor Organizations: Humane Society, Companies, Tripadvisor, Free, Friends, CNBC Travel, World Health Organization, Animal Welfare, Animal Friends, Humane Society International, Free Indonesia, CNBC, Soi Dog Locations: Indonesian, North Sulawesi, Sulawesi, Tomohon's, Free Indonesia, Indonesia, Bali, Karanganyar, Java, Medan, Jakarta, Asia, Singapore, Philippines, Thailand, Hong Kong, Taiwan, China, South Korea, Vietnam

☆ Japan is Asia's most expensive location to send expats — here are the other top spots
▼ + stars: | 2023-08-04 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

The average expatriate package in Japan cost employers $370,183 in 2022, according to "MyExpatriate Market Pay" survey by data company ECA International. Japan's salary and benefits packages for expats remained the highest in Asia, a new report has found. The average expatriate package in Japan costs employers $370,183, according to "MyExpatriate Market Pay" survey by data company ECA International. As a result, when measured in U.S. dollars, costs for salary, benefits and taxes "all fell by double-digit percentages," the report said. Globally, Japan ranked second while the U.K. retained its top spot as the most expensive location in the world to send expatriates.

Persons: —, assignees, Lee Quane, Quane Organizations: ECA, expats, Japan, ECA International, International's, Asia, Hong Locations: Japan, Asia, Laos, China, Hong Kong, Singapore, India, Korea Republic

☆ Humane Society International's Lola Webber speaks about rescuing dogs and cats after Tomohon market ban
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHumane Society International's Lola Webber speaks about rescuing dogs and cats after Tomohon market banLola Webber of Humane Society International discusses how her team, together with Animal Friends Manado Indonesia, successfully banned the sale of cat and dog meat at the Tomohon Extreme Market in North Sulawesi, Indonesia.

Persons: International's Lola Webber, Lola Webber Organizations: Humane, Humane Society International, Friends Locations: Indonesia, North Sulawesi

'ONLY HOPE' FOR STABILITY IN SAHELNiger became a democratic outlier in West Africa's Sahel region following military takeovers in neighbouring Mali, Burkina Faso and Chad since 2020. All four countries of the arid Sahel region, just south of the Sahara, are now run by military leaders after soldiers in Niger said on Wednesday night they had ousted President Mohamed Bazoum. France, which has had counter-insurgency troops in West Africa for a decade, has turned to Niger to base the bulk of its forces. Their role is solely to support Niger's army when local forces identify operations in the border regions connecting Mali, Niger and Burkina Faso. The European Union decided in December to set up a three-year military training mission in Niger, to which Germany contributes troops.

Persons: Mohamed Bazoum, juntas, Moussa Aksar, John Irish, Nellie Peyton, Bate Felix, Emelia Sithole, Leslie Adler Organizations: Islamic, National Assembly, REUTERS, European Union, DEMOCRATIC, Economic, West African States, ECOWAS, John, Thomson Locations: West Africa, Niger, Africa's Sahel, Mali, Burkina Faso, Chad, al Qaeda, Islamic State, Russia, France, United States, U.S, Russian, Niamey, ACLED, Germany, Italy, Guinea, Bissau, Guinea Bissau, Paris

☆ Stocks making the biggest midday moves: Microsoft, Alphabet, Boeing and more
▼ + stars: | 2023-07-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Microsoft — The Xbox owner saw its shares slide 3.7% after issuing quarterly revenue guidance that fell short of analysts' expectations. Microsoft did report earnings and revenue that beat Street estimates for the calendar second quarter, however. Alphabet — Shares of the Google parent rose 5.8% after Alphabet beat analysts' revenue and profit in the second quarter. Boeing's revenue of $19.75 billion topped analysts' estimates of $18.45 billion, according to Refinitiv. The company also reported an 82-cent-loss per share, while Refinitiv analysts had estimated a loss of 88 cents per share.

Persons: Refinitiv, Morgan Stanley, Lauren Schenk, Chubb, Spotify's, selloff, PacWest, Warburg Pincus Organizations: Microsoft, YouTube, Boeing, Texas, Texas Instruments, FactSet, Visa, Spotify, Deutsche Bank, Warburg, Centerbridge Locations: Banc, California

July 25 (Reuters) - Dutch semiconductor equipment maker ASM International (ASMI) (ASMI.AS) said on Tuesday new orders almost halved in the second quarter due to softening demand and delays at some customers' manufacturing facilities. The company, which supplies wafer processing equipment to semiconductor makers, said new orders fell to 485.8 million euros ($536.2 million) from 942.7 million euros in the same period a year earlier. It also reported second-quarter net earnings of 151.2 million euros, down from 160.4 million a year ago. The company forecast third-quarter revenue of 580-620 million euros on a currency-comparable level, down from 675.5 million euros a year earlier. ($1 = 0.9060 euros)Reporting by Pierre John Felcenloben and Laura Lenkiewicz; Editing by Susan Fenton and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: ASMI, Pierre John Felcenloben, Laura Lenkiewicz, Susan Fenton, Mark Potter Organizations: ASM, Thomson Locations: China, United States

Mugabe’s successor, Emmerson Mnangagwa, had promised sweeping political, economic and social reforms. Several opposition activists, journalists and human rights activists have been arrested over the last year, including Job Sikhala, a Parliament member and senior official with the CCC. Obey Shava, a prominent Zimbabwean human rights lawyer who has represented various opposition party supporters facing questionable charges, was violently attacked earlier this month. Human rights group Amnesty International called it a “brutal assault on civic space.”At the same time, government corruption remains a problem in Zimbabwe. Mnangagwa has blamed Western sanctions for the current economic crisis in Zimbabwe, where the annual inflation rate reached 175% in June.

Persons: Robert Mugabe, Zimbabwe’s, Mugabe’s, Emmerson Mnangagwa, “, ”, Joe Biden, ” Biden, Nelson Chamisa, Job Sikhala, Obey, Bill –, Bill, Al Jazee, Mugabe, Morgan Tsvangirai, Mnangagwa, Macky Sall, Felix Tshisekedi, Stephen Chan, ” Chan, Ruben Mbofana, –, Mbofana, Leonard Koni, Kudakwashe Regimond Tagwirei, Emmerson Mnangagwa Jr, ” Koni Organizations: U.S . Congress, “, ZANU, Citizens Coalition, Amnesty, Movement, Democratic, Mugabe, U.S, Congress, Zimbabwe Democracy, ., U.S . Treasury, Union, Reuters, SOAS University of London Locations: MUTARE, Zimbabwe, Mutare, Rhodesia, U.S, United Kingdom, Canada, Australia, Senegal

☆ ChatGPT helped a simulated study return up to 512% trading stocks based on news. Here's the prompt the researchers used — plus the positive and negative takeaways from their findings.
▼ + stars: | 2023-07-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

ChatGPT excelled at predicting a stock's price direction based on news sentiment. They found that while ChatGPT excelled at predicting a stock's direction based on news sentiment, it is not without limitations. They prompted ChatGPT to assign the following scores to headlines: "1" for good news, "0" for unknown and "-1" for bad news. Is this headline good or bad for the stock price of (company name) in the term (short or long-term)?" This meant negative news had a greater and longer impact in the real world than in the simulation,, likely giving ChatGPT an advantage, Lopez-Lira noted.

Persons: ChatGPT, Bard, Alejandro Lopez, Yuehua Tang, Merrill Lynch, Lopez, Lira, Tang, Russell, BERT, Philip Morris, Gene Tipps, David Capablanca, Alpesh Patel, Praefinium, Patel, Capablanca, GPT's, it's, Cory Mitchell, would've, Mitchell, you'll, they're Organizations: University of Florida, of Florida's Department, Finance, Lira, Center for Research, Linux, NYSE, Nasdaq, GPT, Design, Cadence Design, Philip Morris Beats, Global, Global Operations, Dow Locations: GPT

☆ Marriott enters licensing deal with MGM to boost presence in Las Vegas strip
▼ + stars: | 2023-07-17 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +2 min

[1/3] Logo of Marriott hotel is seen in Vienna, Austria April 9, 2018. REUTERS/Heinz-Peter Bader/File Photo/File PhotoJuly 17 (Reuters) - Marriott International (MAR.O) said on Monday it entered a 20-year licensing agreement that will allow its loyalty members to earn and redeem existing points for booking stays at MGM Resorts International's (MGM.N) properties. The pair launched "MGM Collection with Marriott Bonvoy," which will allow members of the Marriott Bonvoy rewards program to earn and redeem points for stays at 17 MGM resorts across the United States and Canada. MGM's 40 million members will gain access to the Bonvoy loyalty program. Marriott will earn fees on total room revenue on the MGM Resorts that are part of the agreement, Marriott CEO Anthony Capuano said.

Persons: Heinz, Peter Bader, Marriott, Kate Xiao, Bill Hornbuckle, Bernstein's Xiao, Anthony Capuano, Barry Jonas, Aishwarya Nair, Shweta Agarwal, Will Dunham Organizations: REUTERS, Marriott, MGM Resorts, MGM, Cosmopolitan, Bernstein Hotels, Reuters, Truist Securities, Thomson Locations: Vienna, Austria, United States, Canada, Las Vegas, Marriott's, Bengaluru, Doyinsola, New York

Vietnam targets LNG-sourced gas generating up to 22.4 gigawatts (GW) of power by 2030, enough to power 20 million households and account for nearly 15% of national power supply. Complicating LNG efforts, much of Vietnam's planned gas power investment is directed to the south of the country despite the under-served north's greater vulnerability to blackouts. Reuters GraphicsThe first plant due to come online, the Nhon Trach 3 facility being built by state-run PetroVietnam Power (PV Power) (POW.HM) near Ho Chi Minh City, is scheduled to begin operation in late 2024. Takafumi Akino of Tokyo Gas, which is building an LNG terminal and a gas plant in northern Quang Ninh province, predicted "hard negotiations". PV Gas said this month it was in talks with U.S. energy giant ExxonMobil and Russia's Novatek on LNG cooperation.

Persons: Thi, Kaushal Ramesh, EVN, Japan's Marubeni, Takafumi, Rystad's Ramesh, Francesco Guarascio, Khanh, Emily Chow, Florence Tan, Phuong Nguyen, Tony Munroe, William Mallard Organizations: European Chamber of Commerce, Reuters, Energy, Tokyo Gas, Industry, Plant, Foreign, Delta Offshore Energy, Gulf International Holdings, Delta Offshore, Gulf Energy Development, Buyers, PV Gas, ExxonMobil, Russia's, Gas, Thomson Locations: Vietnam, Hanoi, HANOI, China, Thailand, Singapore, Philippines, Ho Chi Minh City, Oslo, U.S, Tokyo, Quang Ninh, South, Southeast Asia, Asia, Khanh Vu

☆ I saw Royal Caribbean's Icon of the Seas being built and I'm convinced the next world's largest cruise ship could shake up the industry
▼ + stars: | 2023-07-16 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

In May, I visited Royal Caribbean's Icon of the Seas while it was under construction in Finland. In January 2024, the ship will begin service as the world's largest cruise vessel with 2,805 rooms. These are the nine reasons I think the 7,600-guest floating resort will shake up the cruise industry. In May, I trekked from New York City to Finland to see Royal Caribbean International's work on the Icon of the Seas. Royal Caribbean said it saw its largest booking day in the company's history when reservations opened for the Icon of the Seas in October 2022.

Persons: Michael Bayley Organizations: Caribbean's, Morning, Royal Locations: Finland, New York City, Caribbean, Royal Caribbean, Miami

☆ Singapore launches corruption probe involving transport minister
▼ + stars: | 2023-07-12 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

Singapore's Prime Minister Lee Hsien Loong said July 12 that he has instructed the country's transport minister S. Iswaran to go on leave after he was implicated in an anti-graft agency investigation. SINGAPORE — Singapore's Prime Minister Lee Hsien Loong has asked the country's transport minister to go on leave after he was implicated in an anti-graft agency investigation. "I have instructed Minister Iswaran to take leave of absence until these investigations are completed," Lee said, without elaborating on the specifics of the case. Senior Minister of State Chee Hong Tat will be acting minister for transport, Lee added. The announcement comes weeks after a state review on allegations made against two other cabinet ministers regarding their rental of government-owned colonial bungalows.

Persons: Lee Hsien Loong, Iswaran, Lee, State Chee Hong, Shanmugam, Vivian Balakrishnan Organizations: Singapore's, SINGAPORE — Singapore's, State, Law, Home Affairs Minister, Singapore Locations: SINGAPORE

☆ Analysis: Emergence of Guatemalan anti-graft champion shakes up election
▼ + stars: | 2023-06-26 | by ( Sofia Menchu | ) www.reuters.com time to read: +5 min

[1/5] Presidential candidate for the Semilla party Bernardo Arevalo holds a rally at the Parque Central a day after the first round of Guatemala's presidential election, in Guatemala City, Guatemala June 26, 2023. Underlining voter frustration with the status-quo, nearly a quarter of ballots counted were either spoiled or left blank. Arevalo, who has called corruption a "cancer eating away" at Guatemala, will face former first lady Sandra Torres in the run-off. Torres, running in her third presidential contest, won 15.8% of the first-round vote to Arevalo's 11.8%. Aldana later sought asylum in the U.S., while current President Alejandro Giammattei himself became embroiled in corruption allegations, which he denies.

Persons: Bernardo Arevalo, Juan Jose Arevalo, Arevalo, Thelma Aldana, Otto Perez, Semilla, Bernardo, Nicol Estrada, Carlos Pineda, Will Freeman, Hugo Novales, Sandra Torres, Torres, Freeman, Semilla's, Aldana, Alejandro Giammattei, Juan Jose, Giammattei, Ivan Velasquez, Julia Esquivel, Jimmy Morales, Sofia Menchu, Dave Graham, Stephen Eisenhammer, Rosalba O'Brien, Leslie Adler Organizations: Parque, REUTERS, GUATEMALA CITY, Council, Foreign Relations, of, Guatemala's, U.S, Twitter, Thomson Locations: Parque Central, Guatemala City, Guatemala, Josue, GUATEMALA, Arevalo, U.S, Guatemalan

☆ Police detain 50 after Pride march in Istanbul
▼ + stars: | 2023-06-25 | by ( ) www.reuters.com time to read: +2 min

[1/4] Turkey's LGBT+ community gather for a pride parade, banned by local authorities, in central Istanbul, Turkey, June 25, 2023. REUTERS/Dilara SenkayaISTANBUL, June 25 (Reuters) - Turkish police detained at least 50 people on Sunday after Istanbul's LGBT community held their annual Pride march. They chanted slogans while organisers read a statement to mark Pride week. "We don't accept this hate and denial policy," Istanbul LGBTI+ Pride Week said in their statement. In the coastal city of Izmir, the country's third largest, police detained at least 44 people on Sunday after authorities banned the Pride march, Istanbul LGBTI+ Pride Week said.

Persons: Tayyip Erdogan, Erdogan, Davut Gul, Dilara, Huseyin Hayatsever, Giles Elgood Organizations: REUTERS, Turkish, Sunday, Pride, Police, Amnesty, Twitter, Bulent Usta, Thomson Locations: Istanbul, Turkey, Dilara, ISTANBUL, Mistik Park, Sisli, Izmir

☆ Amnesty accuses Spain and Morocco of cover-up over Melilla enclave migrant deaths
▼ + stars: | 2023-06-23 | by ( Joan Faus | ) www.reuters.com time to read: +2 min

BARCELONA, June 23 (Reuters) - Amnesty International on Friday accused Spain and Morocco of a cover-up for failing to properly investigate events at the border of the Spanish enclave of Melilla last year, when tens of migrants and refugees died during a mass attempted crossing. On June 24 2002, around 2,000 Sub-Saharan African migrants and refugees attempted to enter Spain's North African enclave from Morocco. Morocco said 23 people died in a crush when migrants fell from the fence, and Spain has said no deaths occurred on its soil. "One year on from the carnage at Melilla, Spanish and Moroccan authorities not only continue to deny any responsibility but are preventing attempts to find the truth," said Amnesty International's Secretary General, Agnes Callamard. Spain's Attorney General investigated the Melilla incident but declined to charge Spanish officers who he said had been unaware of the fatal crush.

Persons: Spain, Agnes Callamard, Callamard, Joan Faus, Alexandra Hudson Organizations: Amnesty, Human Rights, Spain's Interior Ministry, Spain's, Authorities, Alexandra Hudson Our, Thomson Locations: BARCELONA, Morocco, Melilla, Spain's, Spain, Spanish, Libya, Italy

☆ Exclusive: Mondelez 'singled out' in boycott over Russia business, exec says
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +6 min

"If you look in most kitchen cupboards, you will see many products from food and beverage companies that have not exited Russia." Mondelez rivals in chocolate including Nestle (NESN.S) still operate in Russia as do many other consumer products companies. Reuters GraphicsShipments of all Mondelez products to Russia jumped to 45 million kilograms from 28.7 million kilograms in the same time periods, according to the data. Mondelez also said Thursday it was continuing to reduce its activities in Russia and expects further volume and sales declines. Jan Kæraa Rasmussen, head of environmental, social and governance (ESG) and sustainability at Mondelez investor PensionDanmark, said the Danish pension fund considers the "downscaling of their business in Russia a progression.

Persons: Vinzenz Gruber, Gruber, Mondelez, Mondelez's, Nestle, Nestle didn't, Jan Kæraa Rasmussen, PensionDanmark, Rasmussen, Jessica DiNapoli, Maurice Tamman, Terje Solsvik, Anna Driver Organizations: YORK, Reuters, Mondelez, SAS, Ukraine's National Agency for, Facebook, Russian Embassy, Nestle, confectionary, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Europe, Russia, Nordics, Sweden, Norway, Nordic, Ukraine, Russian, Washington ,, Danish, New York

But investors, burned by previous reforms that ultimately proved hollow, say it will take time to build trust and listed myriad questions over the final shape of the economy. Tinubu is from the same party as predecessor Muhammadu Buhari, dubbed "Baba Go-slow" for his pottering pace - taking six months to appoint cabinet members. Nigeria's international dollar bonds and the country's stock market have been boosted by the speedy reforms. Reuters GraphicsInvestors also worry about low tax receipts and falling oil output - structural reforms that will take far longer to sort. Meanwhile interest rates, which Tinubu has said he would like to see fall, were hiked by 50 bps last month to 18.5%.

Persons: Bola, Temilade, Bola Tinubu's, Tunde Ajileye, Muhammadu Buhari, Godwin Emefiele, Goldman Sachs, Andrew Matheny, John Mumo, Joe Delvaux, Amundi, Delvaux, Tinubu, Patrick Curran, Rachel Savage, Libby George, Karin Strohecker, Nick Macfie Organizations: Nigeria's, REUTERS, Central Bank, Reuters, Reuters Graphics, Tellimer, Thomson Locations: Abuja, Nigeria, JOHANNESBURG, LONDON, Lagos, Blakeney, Africa

☆ Facebook faces new allegations of gender discrimination in its delivery of job ads. Research by human rights group suggests it's a global concern
▼ + stars: | 2023-06-12 | by ( Clare Duffy | Carlotta Dotto | Naomi Hirst | ) edition.cnn.com time to read: +18 min

But Global Witness' research suggests that this results in job ads being targeted to users based on gender stereotypes. And in some cases, human rights advocates say, the biases that appear to be shown by Facebook's ad system may exacerbate other disparities. Global Witness targeted the ads to adult Facebook users of any gender who resided in, or had recently visited, the chosen countries. Certain roles were less strongly skewed — a package delivery job ad, for example, was shown to 38% women users in the Netherlands. In December, Real Women in Trucking filed its EEOC complaint alleging that Facebook's job ads algorithm discriminates based on age and gender.

Persons: Naomi Hirst, Clara Wichmann, Ashley Settle, Settle, Meta, Linde, Ireland —, Caroline Leroy, Blanvillain, Fondation des Femme, Pat de Brún, de Brún, —, Brún, Facebook, Sheryl Sandberg, Sandberg, Peter Romer, Friedman, " Romer, Facebook's, Hirst, Meera Senthilingam, Seth Fiegerman, Carlotta Dotto, Carolina Moscoso, Tal Yellin, Damian Prado, David Blood, Gabrielle Smith Organizations: CNN, Facebook, Global, Facebook's, des, UK, Human Rights, Commissioner's, Meta, US, Employment, Commission, Real Women, Trucking, Ad, Ireland, Fondation des, Amnesty, Employment Opportunity Commission, University of Southern, Real, Data Locations: Europe, France, Netherlands, Canada, United States, India, South Africa, United Kingdom, Indonesia, University of Southern California

☆ Brookfield buys payments firm Network International for $2.76 bln
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +2 min

June 9 (Reuters) - Canada's Brookfield Asset Management (BAM.TO) said on Friday it would buy payments provider Network International (NETW.L) for 2.2 billion pounds ($2.76 billion) in cash, as it expands its payments business in the Middle East and Africa. The Canadian firm said Network directors intended to unanimously recommend that shareholders vote in favour of the deal. Brookfield, which has over $5 billion in assets under management in the Middle East, last year bought a 60% stake in Magnati, the payments business of First Abu Dhabi Bank (FAB.AD). The investment firm said the deal would be financed by a combination of equity investment, as part of which Brookfield Business Partners expects to invest up to about $150 million. Network International, whose top investors include Capital Research and Mastercard UK, listed in London in April 2019 at an initial public offering price of 435 pence a share.

Persons: Brookfield, Aby Jose Koilparambil, Eva Mathews, Nivedita Bhattacharjee, Jason Neely Organizations: Brookfield Asset Management, Network, United, Capital, Francisco Partners, Brookfield, Abu Dhabi Bank, Brookfield Business Partners, Network International, Capital Research, Mastercard, Thomson Locations: Brookfield, East, Africa, United Arab Emirates, Magnati, London, Bengaluru

☆ The 10 least affordable places to live if you're an expat in 2023
▼ + stars: | 2023-06-08 | by ( Reena Koh | ) www.businessinsider.com time to read: +5 min

New York, Hong Kong, and Geneva are the top 3 unaffordable cities to live in if you're an expat in 2023. Read further for the 10 least affordable places to live if you're an expat in 2023, ranked from the most expensive to the least expensive. Alberto MazzaThe average monthly rent for a four-room apartment in Geneva's city center is about $4,600. GettyThe median monthly rent for a two-bedroom flat in London touched a high of $2,895 in December, according to CNBC. JaCZhou 2015/Getty ImagesThe average monthly rent for a four-room apartment in the city center of Zurich sits at around $4,200, per The Local.

Persons: —, Lee Quane, Read, Sharp, ANTHONY WALLACE, Alberto Mazza, LondonlovesBusiness, Justin Sullivan, Alexander Spatari, Marielle, Allan Baxter, Tokyo Kantei Organizations: Service, York, ECA, Big Apple, NBC, New York Times, Getty, expats, Bloomberg, CNBC, San Francisco Bay Area, Jerusalem Post, Central Bureau of Statistics, CBS, South Korea Skyline, South, Financial Times Locations: . New York, Hong Kong, Geneva, London, Singapore, New York, Asia, expat, Manhattan, expats, NBC New York, China Hong, Switzerland, Geneva's, Swiss, NurPhoto, Zurich, San Francisco, US, San Francisco Bay, Tel Aviv, Israel, Jerusalem, Seoul, South Korea, South Korean, —, Korean, Tokyo, Japan

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