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The MSCI All-World index (.MIWD00000PUS) rose 0.67% on the day, although it is on track for a nearly 4% decline in December. This year, the index is set to have fallen for eight out of 12 months, on a par only with 2008 for the number of monthly losses in a calendar year on record. They were boosted by stronger than expected earnings at sportswear giant Nike NKE.N and delivery behemoth FedEx Corp FDX.N. In Europe, shares more than recovered the previous day's 0.4% drop, helped in part by a rally in sportswear stocks. Citi analysts said the calm in equity markets might not last, and thin, year-end trading could lead to volatility.

☆ Stocks slide but dollar gains as central banks continue inflation battle
▼ + stars: | 2022-12-15 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +5 min

Stocks fell, with the Dow Jones Industrial Average (.DJI) slipping 2.5%, the S&P 500 (.SPX) down about 2.6% and the Nasdaq Composite (.IXIC) off 3%. The STOXX (.STOXX) fell by about 2.85% as heavyweight stocks across sectors sank. U.S. Treasury yields fell on Thursday, with the yield on 10-year Treasury notes down 6.4 basis points to 3.439% and the 30-year down 8.1 basis points to 3.459%. China's economy, however, lost more steam in November as factory output slowed and retail sales fell again, hobbled by surging COVID-19 infections. U.S. crude fell 0.75% to $76.70 per barrel and Brent was at $81.85, down 1.03% on the day.

☆ Wall Street sees past Fed's lower rate hike to finish in red
▼ + stars: | 2022-12-14 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +4 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 8, 2022. While the dollar index initially jumped on the Fed news, trading was choppy and was last down nearly 0.5% on the day. European stocks were flat, with the continent-wide Stoxx 600 (.STOXX) down 0.02% after rising 1.3% in the previous session. "Rather it is dot plot expectations that the Fed will hold rates throughout 2023, and not begin rate cuts until 2024." U.S. Treasury yields were little changed to slightly lower in choppy trading after the Fed news.

[1/2] The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. U.S. stocks edged higher in early trading, indicating a cautious start on Wall Street. The Dow Jones Industrial Average (.DJI) rose 0.55%, the S&P 500 (.SPX) gained 0.27%, and the Nasdaq Composite (.IXIC) added 0.07%. The U.S. consumer price index for November is due on Tuesday, when a slowdown in core annual inflation is anticipated. Two-year yields, which typically move in step with interest rate expectations, rose just 1.4 basis points to 4.342%.

☆ Jennifer Lawrence draws criticism over comment about female action heroes
▼ + stars: | 2022-12-07 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Jennifer Lawrence shared her thoughts on the history of female-led action movies in a new interview, but the “Hunger Games” star is getting some flack for not quite getting it right. The Oscar winner spoke with fellow actress Viola Davis in an interview for Variety published on Wednesday, in which she mused on the past state of action movies with a female lead. People on social media were quick to point out, however, that Lawrence was far from the first female action hero, with many tweets referencing Sigourney Weaver in the “Alien” franchise, Linda Hamilton in the “Terminator” movies and Pam Grier in films like “Foxy Brown” – all of which predate “The Hunger Games” franchise. “It is absolutely true that Hollywood had and has a real bias against women driven action movies because of this ridiculous belief about who identifies with whom.”Other examples brought to light in comments on Twitter and beyond pointed to Michelle Yeoh in “Crouching Tiger, Hidden Dragon” and other films, Milla Jovovich and Michelle Rodriguez in the “Resident Evil” franchise, Uma Thurman in “Kill Bill” and Angelina Jolie in the “Tomb Raider” movies. CNN has reached out to representatives of Jennifer Lawrence for clarification on her statement.

☆ White House says 'everyone has the right to peacefully protest' after China Covid demonstrations intensify
▼ + stars: | 2022-11-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +2 min

WASHINGTON — The White House on Monday issued a statement in support of peaceful protesters in China after demonstrations against the country's zero-Covid policy intensified this weekend. “We’ve long said everyone has the right to peacefully protest, in the United States and around the world,” a White House National Security Council spokesperson said in a statement. “Zero COVID is not a policy we are pursuing here," the spokesperson said. The Chinese government argues its pandemic strategy has saved lives and is necessary to protect the fragile health care system from being overwhelmed. The latest deaths bring China’s official toll to more than 5,000, compared with more than 1 million in the United States.

Asked about the protests on Monday, Foreign Ministry spokesperson Zhao Lijian said the Chinese government was adjusting its Covid measures based on the realities on the ground. “We believe that with the leadership of the Communist Party of China and the support of the Chinese people, our fight against Covid-19 will be successful,” he said at a regular news briefing. Zhao also addressed the detention of BBC journalist Ed Lawrence, who was arrested Sunday while covering the protests in Shanghai. The Communist Party “has a lot of experience accumulated over the years in dissipating social unrest,” she said. Most of the people who protested appeared to be from the Han ethnic group that dominates China.

☆ Special Report: FTX's Bankman-Fried begged for a rescue even as he revealed huge holes in firm's books
▼ + stars: | 2022-11-16 | by ( Angus Berwick Anirban Sen Elizabeth Howcroft Lawrence Delevingne | Angus Berwick | Anirban Sen | ) www.reuters.com time to read: +22 min

Sequoia was shocked at the amount of money Bankman-Fried needed to save FTX, according to the sources, while Apollo first asked for more information, only to later decline. The booklet flagged the risks of crypto trading, particularly how sudden sales of tokens could trigger a "domino effect" that would lead to a "cascading set of liquidity failures." Using profits from Alameda, Bankman-Fried launched FTX in 2019. From almost nothing in 2019, FTX handled about 10% of global crypto trading this year, a September document shows. At one point, he lived in a penthouse overlooking the Caribbean, valued at almost $40 million, according to two people who worked with FTX.

☆ Canada's Ritchie Bros to buy salvage vehicle platform IAA in $7.3 bln deal
▼ + stars: | 2022-11-07 | by ( Kannaki Deka | ) www.reuters.com time to read: +2 min

Nov 7 (Reuters) - Canadian equipment marketplace Ritchie Bros Auctioneers Inc (RBA.TO) said on Monday it would buy U.S.-based IAA Inc (IAA.N) in a deal valued at about $7.3 billion to diversify into the salvage vehicle market. Both the companies have benefited from rising demand for used equipment. The global used equipment market is highly fragmented with total annual used equipment volumes estimated at over $300 billion. IAA stockholders will get $10 in cash and 0.5804 shares of Ritchie common stock for each IAA share held, the companies said. The purchase price of $46.88 per IAA share represents a premium of about 19% to IAA's stock close on Nov. 4.

☆ Greenlight's Einhorn optimistic Twitter deal with Musk will close
▼ + stars: | 2022-10-21 | by ( Nupur Anand | ) www.reuters.com time to read: +2 min

Einhorn told his investors in August that he had bought a stake in Twitter, and now said he believes the lawsuit in Delaware that could decide the fate of the deal "is going well for TWTR." Register now for FREE unlimited access to Reuters.com RegisterEarlier this month, Musk reversed course again and said he would proceed with the deal on original terms. A Delaware judge ordered a pause to Twitter's lawsuit against Musk, giving the billionaire until Oct. 28 to close the deal. "We expect that one way or another, the deal will close at or near the originally agreed upon price," Greenlight said, referring to the $54.20 price per share the deal was originally proposed. Greenlight's manager said the investment in Twitter is "inherently short-term," adding the hedge fund plans to exit its position upon resolution of the platform sale.

☆ Why a small midterm race in Arizona could have big consequences for U.S. democracy
▼ + stars: | 2022-10-19 | by ( Tim Reid | ) www.reuters.com time to read: +6 min

REUTERS/Brian Snyder/File PhotoOct 19 (Reuters) - The fight to become Arizona’s next attorney general in November’s midterm elections smashed fundraising records this week. Former President Donald Trump has endorsed the Republican attorney general candidate Abe Hamadeh and appeared on stage with him. “I think that American democracy runs through the state of Arizona in 2022,” Mayes said in an interview with Reuters. AG EMPOWERED TO STEP INHamadeh downplayed the role an attorney general has in election certification in a statement to Reuters. “What look like these relatively inconsequential races will have enormous consequences in terms of the 2024 presidential election,” Douglas said.

The BoE said it would temporarily buy long-dated bonds - linked most closely to workers' pensions and home loans - in light of a surge in 30-year UK bond yields above 5%, their highest since 2002. Register now for FREE unlimited access to Reuters.com RegisterEuropean government bonds got a lift from the surge in gilts. "The surge in bond yields threatens the housing market and broader economy. Wall Street opened higher, with the S&P 500 Index (.SPX) up about 1% after it fell to a two year low on Tuesday. Scott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, said markets may already be pricing in future pain.

The BoE said it would temporarily buy long-dated bonds - linked most closely to workers' pensions and home loans - in light of a surge in 30-year UK bond yields above 5%, their highest since 2002. The pound briefly fell by as much as 1% after the BoE's announcement, while UK stocks cut losses, which in turn helped the broader European equity market avoid deeper falls. "The surge in bond yields threatens the housing market and broader economy. The IMF and the U.S. Treasury waded in yesterday in fear of global contagion from gilts to other markets," he said. European government bonds got a lift from the surge in the value of UK gilts.

☆ Wall Street keeps selling as world assets fail to recover
▼ + stars: | 2022-09-27 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 27, 2022. The Bank of England said late on Monday it would not hesitate to change interest rates and was monitoring markets "very closely." U.S. stocks mostly faltered after a morning bounce, with the S&P 500 hitting a two-year intraday low. The MSCI world equity index (.MIWD00000PUS) reversed early gains on Tuesday, falling about 0.3% to a near two-year low early Tuesday afternoon. MSCI's broadest index of Asia shares outside Japan (.MIAPJ0000PUS) hit a fresh two-year low and was flat on the day.

☆ Gwyneth Paltrow is accused of a hit-and-run on a ski slope, but the actress calls the $3.1 million lawsuit 'totally without merit'
▼ + stars: | 2019-01-30 | by ( Anjelica Oswald | ) www.businessinsider.com time to read: +3 min

Gwyneth Paltrow is being accused of a " hit-and-run ski crash." "This lawsuit is completely without merit," a representative for Paltrow told multiple news outlets, including The Washington Post and People. Tulsa's Channel 8 - KTUL/FacebookThe complaint claims the incident was a "hit-and-run ski crash" with Paltrow getting up and leaving Sanderson on the ground. Sanderson is seeking more than $3.1 million in damages from Paltrow, Christiansen, and the Deer Valley resort. According to the complaint, Sanderson suffered from "a brain injury, four broken ribs, and other serious injuries."

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