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☆ President Zelenskyy among large crowds mourning 'Da Vinci,' a celebrated 27-year-old battalion commander killed near Bakhmut
▼ + stars: | 2023-03-12 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

Ukrainian President Zelenskyy attended the funeral of a celebrated soldier who was killed earlier this week. Dmytro Kotsiubailo's call sign was "Da Vinci," and he was 27 years old when he died. Kotsiubailo's call sign was "Da Vinci" — as the soldier gave up on his dream of becoming an artist to fight for Ukraine, according to NPR. He led a battalion called the "Da Vinci Wolves." "I handed over to Oksana Kotsiubailo, Da Vinci's mother, the Cross of Military Merit, which her son was posthumously awarded.

REUTERS/Anushree FadnavisJan 24 (Reuters) - India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate for the current fiscal year due to the prospect of weak exports, two government officials said. Nominal GDP growth — which includes inflation and is the benchmark used to estimate tax collections — could be pressured by suppressed external demand next year due to a likely U.S. recession, said the sources, who declined to be named as discussions are not yet public. The government expects nominal growth of 15.4% for the current fiscal year that ends on March 31. With nominal GDP of 10.6%-11%, India's gross tax collection growth rate is likely to be around 8% in 2023/24, compared with 14.5% in the current year, due to base effect, said Gaura Sengupta, an economist at IDFC First Bank. The real GDP growth is expected to be pegged at 6.0%-6.5% in the Economic Survey of 2022/23, one of the officials said.

Austin Johnson in August 2019 when his eyes and skin had turned yellow from liver disease caused by years of heavy drinking. Courtesy Austin JohnsonCirrhosis or severe liver disease used to be something that mostly struck people in middle age, or older. “We’re definitely seeing younger and younger patients coming in with what we previously thought was advanced liver disease seen in patients only in their middle age, 50s and 60s,” said Mellinger. Since 2018, Mellinger, and doctors at the Michigan Alcohol Improvement program provide psychiatrists and addiction specialists to patients with liver disease. The yellow color in his skin and eyes — a symptom of severe liver disease — has disappeared.

☆ India's growth to slow in 2023 on fading reopening impact-Goldman Sachs
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Nov 21 (Reuters) - Goldman Sachs expects India's economic growth to slow to 5.9% next year, from an estimated 6.9% growth in 2022, as the boost from the post-COVID reopening fades and monetary tightening weighs on domestic demand. "In the second half, we expect growth to re-accelerate as global growth recovers, the net export drag declines, and the investment cycle picks up," Sengupta said. The Reserve Bank of India (RBI), last week, pegged the domestic growth rate at 7% for 2022-23. Goldman Sachs expects headline inflation to drop to 6.1% in 2023, from 6.8% in 2022, saying government intervention was likely to cap food prices and that core goods inflation had probably peaked. "But upside risks to services inflation are likely to keep core inflation sticky around 6% year-on-year," Sengupta added.

How Putin and Friends Stalled Climate Progress A handful of powerful world leaders rallied around Russia and undercut global cooperation. Mr. Putin has gained from this as the increasingly autocratic Mr. Xi finds common cause with the Kremlin. “Much depends on whether authoritarian leaders perceive climate action to be in their self-interest.”Though their actions help Mr. Putin, their track records on climate are mixed. Mr. Xi called Mr. Putin his “best friend.”He was returning the favor from a year earlier, when Mr. Putin hosted Mr. Xi at the Grand Kremlin Palace and awarded him one of Russia’s highest medals for foreign dignitaries. At a news conference with Mr. Putin, Mr. Bolsonaro thanked his “dear friend,” saying that Mr. Putin had offered him support when other world leaders were criticizing his Amazon policy.

☆ A survey of first-year investment bank analysts could indicate a shift in how future junior bankers are trained up
▼ + stars: | 2022-11-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Would you like to get inside the mind of Wall Street's junior bankers? Insider's Emmalyse Brownstein got her hands on recruitment firm Odyssey Search Partners' survey of first-year investment banking analysts. Click here to check out 13 of the most interesting data points from a survey of first-year investment banking analysts. 3. Business students don't want to work on Wall Street. Almost 90,000 business students from around the globe were surveyed on the top employers they would most want to work for.

☆ Google's former payments chief just unveiled his plans for a digital family office that relies on AI and already has $90 million in funding from backers like Ribbit Capital and Coatue
▼ + stars: | 2022-11-02 | by ( Asia Martin | ) www.businessinsider.com time to read: +3 min

Caesar Sengupta spent 15 years at Google and was its payments chief before leaving in 2021. Arta is backed by investors such as Sequoia Capital India and Ribbit Capital. Sengupta left Google in April of last year with seven other Google employees to start Arta: Charles Dong, Chirag Yagnik, David Shapiro, Edward Chiang, Felix Lin, Mark Striebeck, and Zelidrag Hornung. "This is so different from what Google does, we left and Google was extremely supportive," said Sengupta. Sengupta and other former Google executives on the Arta team left in the midst of a series of exits of high-ranking Google employees.

☆ Google veteran launches 'digital family office' backed by Betsy Cohen, Eric Schmidt
▼ + stars: | 2022-11-02 | by ( Hannah Lang | ) www.reuters.com time to read: +2 min

Nov 2 (Reuters) - Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in funding from investors who include Betsy Cohen and former Google (GOOGL.O) chief Eric Schmidt. While family offices cater to those with hundreds of millions in assets, Arta is targeting those with $100,000 to several million dollars in investable assets, Sengupta said. BNY Mellon's (BK.N) Pershing will serve as Arta's broker and custodian and offer credit lines to eligible investors. "We're actually really trying hard to scale as much as we can to get to as many people who we can serve," said Sengupta. Reporting by Hannah Lang in Washington; Editing by Lananh Nguyen and Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

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