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☆ Speculators bet Credit Suisse shares have further to fall
▼ + stars: | 2022-10-21 | by ( Nell Mackenzie | ) www.reuters.com time to read: +3 min

Oct 21 (Reuters) - Investors have been adding to bets that Credit Suisse's shares still have further to fall after a social media storm forced a fresh look at the Swiss lender's problems. Credit Suisse declined to comment. In terms of financial firms subject to the highest amount of short selling, Credit Suisse currently stands fourth behind investment firms T. Rowe Price, BlackRock and Blackstone, according to data specialist FIS. Reuters Graphics"Retail investors were all over developments in Credit Suisse," said Ivan Ćosović, founder of data group Breakout Point, which tracks the sentiment of retail traders on platforms like Reddit. Credit Suisse was the subject of a flood of unsubstantiated rumours and critical memes including titles such as: "Everything is Fine?"

☆ A Russian state TV pundit's disagreement with Putin's war sparked a shouting match between him and his colleagues
▼ + stars: | 2022-10-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

A Russian state TV pundit argued for talks in Ukraine, deviating from the Kremlin's pro-war rhetoric. Boris Nadezhdin has been critical of the war in Ukraine before, promoting negotiations instead. Ukraine has documented and alleged dozens of war crimes that it said Russian soldiers carried out in once-occupied Kharkiv. Sidorchik responded by asking if Russian soldiers who fought Nazi Germany in World War II had opened Pandora's box as well. He urged media outlets not to broadcast graphic footage of war crimes, saying it "won't lead to peace."

☆ Confident Kepa relishing Chelsea run after fifth straight clean sheet
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Premier League - Brentford v Chelsea - Brentford Community Stadium, London, Britain - October 19, 2022 Chelsea's Kepa Arrizabalaga and Ruben Loftus-Cheek in action with Brentford's Rico Henry REUTERS/Tony ObrienOct 20 (Reuters) - Goalkeeper Kepa Arrizabalaga said his confidence has been boosted by getting a run of starts for Chelsea after he kept a fifth straight clean sheet in Wednesday's 0-0 Premier League draw with Brentford. Register now for FREE unlimited access to Reuters.com Register"Every player needs confidence, this push, and for the goalkeepers it is even more important," Arrizabalaga told Prime Video. "If you are playing in a row of games, it's important for your confidence and I'm playing well, I think. Kepa also impressed in Chelsea's draw at Brentford, twice denying in-form striker Ivan Toney with saves that earned praise from opposition manager Thomas Frank. Chelsea, who are fourth in the league, host fifth-placed Manchester United on Saturday.

☆ Anna Faris identifies director she accused of inappropriate touching on set
▼ + stars: | 2022-10-19 | by ( ) www.nbcnews.com time to read: +2 min

The actor said she was left “angry and hurt and humiliated” by Reitman, who directed with a “reign of terror.”“One of my hardest film experiences was with Ivan Reitman,” Faris told her “Unqualified” guest Lena Dunham. Faris said that an accident occurred in the makeup trailer before she was supposed to be on set for the first time. Her hair designer knocked over a jar of wig glue and it got on Faris’ costume, which resulted in Faris being “20 to 25 minutes” late to set. “I was terrified on my first day that Ivan thinks I’m some kind of diva that doesn’t come out of her trailer,” Faris said. That was a weird moment.”Back in 2017, Faris revealed for the first time that a famous director slapped her butt on set, but she did not reveal the director by name at the time.

☆ Top Wall Street analysts say buy these stocks to protect against market uncertainty
▼ + stars: | 2022-10-16 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Meta PlatformsFacebook parent Meta Platforms (META) has been beset by challenges. (See Meta Platforms Stock Chart & Stock Technical Analysis on TipRanks) Notwithstanding the speculations, Monness Crespi Hardt analyst Brian White remains optimistic. Papa John'sAnother of the top choices of analysts is pizza company Papa John's (PZZA). Nonetheless, after conducting a survey of several Papa John's franchises, BTIG analyst Peter Saleh emerged positive about the stock's prospects.

☆ I’ve been following a woman around the internet. Turns out she was created by artificial intelligence.
▼ + stars: | 2022-10-16 | by ( Evan Ratliff | ) www.businessinsider.com time to read: +31 min

Even in their first efforts, the GAN images were quickly on par with those made by any other, less intelligent software. You can find the results on the Generated Photos site, where you can filter by ethnicity, age, sex, eye color, and other attributes. Generated Photos' GANs tend to match conventional beauty standards, a product of the models that have been fed to the software. I'm not sure anyone would be surprised to find fake images accompanying testimonials on an Estonian bitcoin exchange or an online CBD seller. Are they real people deploying fake images, or fake people deploying fake images?

☆ Tourists in Italy are behaving badly this year: Here’s why
▼ + stars: | 2022-10-15 | by ( Julia Buckley | ) edition.cnn.com time to read: +19 min

With Europe seeing an explosion of visitors a year after Covid travel restrictions dropped, incidents of visitors behaving badly in Italy show no sign of abating. Think that’s bad? Meanwhile in Venice, tourists routinely swim in the UNESCO-protected canals, which double as the city’s sewer system. “Tourists don’t know how to relate to the artistic heritage because they have no relation with our history – so they refer to their cultural imagination, and therefore to our cinema. “So many tourists have said to me over the years, ‘In Italy there are no rules.’ But they are mistaken.

Persons: Gennaro Sangiuliano, ”, Ivan, Haley, destructively, –, surfed, Augustus, ENIT, Eike Schmidt, Florence – Italy’s, we’ve, it’s, Schmidt, serena, panini, Luigi Brugnaro, Gianfranco Zarantonello, “, Zarantonello, zipping, you’d, Tom Jenkins, “ It’s, Nicola Bassano, Dolce, Federico Fellini, Marcello Mastroianni, Anita Ekberg, Trevi, Vita ”, Vita, ” Maria Pasquale, ” Jenkins, Giorgia, Dr Audrey Tang, We’re, they’d, “ Jung, it's, ” Tang, “ That’s, Tang, ” Zarantonello, Lord Byron, Byron, “ Byron, Michelangelo’s Organizations: CNN, UNESCO, carabinieri, Maserati, Vatican Museum, Uffizi, Roma, Tourists, European Tourism Association, United, Vita, Twitter, Parco, British Psychological Society Locations: Italy, Rome, Saudi, Venice, Australian, American, ENIT, Florence, ”, Italian, Czech, Belgian, eFoils, Southeast Asia, France, Spain, ‘, ” Venice, Europe, It’s, Grand, Vatican

☆ Prosus to sell Russian classifieds business Avito to Kismet for $2.4B
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 14 (Reuters) - Prosus (PRX.AS), the Dutch-based technology investor, said on Friday it has agreed to sell its Russian online marketplace Avito for 151 billion roubles ($2.46 billion), to Kismet Capital Group. The buyer, Russian investment firm Kismet, was founded by Ivan Tavrin, former CEO of telecoms company MegaFon. Several Western companies opting to exit the Russian market have taken significant financial losses in doing so. "Our goal has been to manage the sale of the business in a responsible and structured way," Naspers said in a statement. "We believe that this is best achieved through this deal.”Avito, Russia's largest online marketplace, has around 5,000 employees and 90 million users.

☆ Meta has burned $15 billion trying to build the metaverse — and nobody's saying exactly where the money went
▼ + stars: | 2022-10-13 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Meta has sunk more than $15 billion into its metaverse project since the start of last year. Some experts expressed disappointment in updates Meta provided earlier this week and thought the technology would be farther along. Meta declined to provide a comment for this story, but a spokesperson for the company said that Meta doesn't break out the financial details for its Reality Labs segment. Zgutowicz pointed out that Meta has legitimate reasons for trying to build everything themselves, though. To be sure, Meta is not the only company that has declined to itemize certain losses, which is standard practice in Corporate America.

☆ Blasts heard in Russia-occupied Kherson, Melitopol
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

Oct 12 (Reuters) - Five blasts were heard in the city of Kherson early on Wednesday, Russian media reported, adding that according to unofficial information air defence systems were launched. Kherson, the administrative centre of the broader Kherson region, was one of the first cities to fall to Russian forces after they launched their invasion in Ukraine in February. Earlier on Wednesday, Ivan Fedorov, the exiled mayor of Russian-controlled Melitopol in the south of the Zaporizhzhia region, said on the Telegram messaging app that there was a powerful explosion in the city. RIA reported, citing local Russia-installed police, that a device exploded near the city's central market. Register now for FREE unlimited access to Reuters.com RegisterReporting in Melbourne by Lidia Kelly; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Chilean lawmakers approve Trans-Pacific Partnership
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Chile's Sub Secretary of International Economics Relations Jose Miguel Ahumada shakes hands with Senator Ivan Moreira after the final discussion to vote on the Trans-Pacific Partnership at the National Congress in Valparaiso, Chile October 11, 2022. REUTERS/Rodrigo GarridoSANTIAGO, Oct 11 (Reuters) - Chile's congress voted to approve the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal on Tuesday after four years of legislative debate. Twenty-seven senators voted for the world's largest copper producer to join the 11-country trade deal while 10 voted against and one senator abstained. The government had said the CPTPP was not part of its program and it would not promote or hinder its passage. The trade deal had become a source of political debate, and protesters against the CPTPP gathered outside the Senate building on Tuesday to oppose the deal.

☆ Video: See why Putin is losing his grip on former Soviet republics
▼ + stars: | 2022-10-11 | by ( ) edition.cnn.com time to read: 1 min

Russia's war in Ukraine is being felt across the former Soviet Union, where many countries are reacting in horror to the Kremlin's destructive invasion. CNN's Ivan Watson reports from Almaty, Kazakhstan.

☆ Factbox: Companies sell their businesses in Russia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +9 min

The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier/File PhotoOct 10 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized. Below is a list of firms by sector that have sold their businesses in Russia:AUTOS** British car distributor Inchcape (INCH.L) sold its Russian business to local managementRegister now for FREE unlimited access to Reuters.com Register** Italian truck and bus maker Iveco (IVG.MI) transferred its 33% stake in its AMT truck assembly joint venture in Russia to a local partner** French tyre maker Michelin (MICP.PA) intends to transfer its activities in Russia to a new entity under local management by end-2022** French carmaker Renault (RENA.PA) sold its majority stake in Avtovaz (AVAZI_p.MM) to a Russian science institute, and transferred all shares in Renault Russia to the city of Moscow** MAN Truck & Bus and Scania, units of German truck maker Traton (8TRA.DE), expect to sell their sales companies in Russia to local partners along with Scania's Russian financing business by Q1 2023BANKS** Britain's HSBC (HSBA.L) agreed to sell its Russian business to Expobank, subject to regulatory approvals in Russia** Czech investment group PPF sold its Russian banking assets, including consumer lender HCFB and its subsidiaries, to investors led by Ivan Tyryshkin** France's Societe Generale (SOGN.PA) sold its Russian business Rosbank (ROSB.MM) to Interros Capital, a firm linked to Russian oligarch Vladimir PotaninCONSUMER ELECTRONICS** Swedish home appliance maker Electrolux (ELUXb.ST) transferred its business in Russia to local management** Its Electrolux Professional (EPROb.ST) branch also sold its Russian business to local management** Whirlpool (WHR.N) sold its Russian operations to Turkey's Arcelik (ARCLK.IS)ELECTRICAL COMPONENTS & EQUIPMENT** Finland's Boreo (BOREO.HE) sold its 90% stake in YE Russia to companies controlled by its current director Yrjö Pönni** U.S. industrial firm Emerson Electric (EMR.N) agreed to sell its Russia business to the local management** Finnish elevator maker Kone (KNEBV.HE) expects to close the sale of its Russian business to local management in Q4 2022** France's Schneider Electric (SCHN.PA) expects to close the sale its Russian unit to local management by end-2022** U.S. elevator maker Otis (OTIS.N) sold its Russia business to local investment firm Ice DevelopmentENERGY** French industrial gases producer Air Liquide (AIRP.PA) agreed to shift its Russian assets to local management, subject to regulatory approvals in Russia** Baker Hughes (BKR.O) agreed to sell its oilfield services business in Russia to local management, with closing expected in H2 2022** Italian utility Enel (ENEI.MI) sold its 56.43% stake in Enel Russia to Lukoil (LKOH.MM) and private fund Gazprombank-Frezia** Norway's Equinor (EQNR.OL) transferred assets of its Russian oil and gas joint ventures to state-owned partner Rosneft (ROSN.MM), and its 30% stake in the Arctic Kharyaga oilfield to state-controlled Russian operator Zarubezhneft** U.S. oilfield services firm Halliburton (HAL.N) sold its Russia operations to a management team made up of former employees** Oil major Shell (SHEL.L) sold its Russian retail and lubricants business to Lukoil** Singapore-based commodities trader Trafigura sold its 10% stake in Vostok Oil project in Siberia to Hong Kong-registered trading firm Nord Axis** Total Energies (TTEF.PA) sold its remaining 20% interest in the Kharyaga oil project to Zarubezhneft, and its 49% stake in Terneftegaz to joint venture partner NovatekFOOD & BEVERAGES** Finland's Atria (ATRAV.HE) sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo (GCHE.MM)** Finland's Fazer sold its Russian unit to Moscow's Kolomenskij Bakery and Confectionery Holding** Irish ingredients giant Kerry Group (KYGa.I) sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator** Fast food chain McDonald's (MCD.N) sold its Russian business to its licensee Alexander Govor** Finnish food and drinks company Paulig sold its operations in Russia to private Indian investor Vikas Soi** Yum Brands (YUM.N) sold its Pizza Hut business in Russia to a local operator** Finnish food processing firm Raisio (RAIVV.HE) sold its consumer business in Russia to Copacker Agro** Finnish dairy producer Valio sold its Russian business to GK VelkomINDUSTRIAL MACHINERY** Polish measuring devices maker Apator's (APTP.WA) Powogaz unit divested its entire stake in Russia-based AO Teplovodomer** Danish industrial firm Danfoss agreed to sell its Russian and Belarusian business to local management, subject to approval by shareholders and regulatory approvals in Russi

☆ Tigress' Ivan Feinseth on Rivian: Buy the stock, it's a long-term play
▼ + stars: | 2022-10-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTigress' Ivan Feinseth on Rivian: Buy the stock, it's a long-term playIvan Feinseth, Tigress Financial Partners, joins 'Closing Bell' to discuss Rivian's stock tumbling on car recalls and his bullishness on the stock.

New car prices may finally start declining in the coming months — but don't expect to pay much less on a monthly basis due to higher interest rates. Thanks to stalling sales and a 17-month high in vehicle supplies, "deflation" may finally be arriving for new car prices, Jonas said. Power also predicted lower list prices could come in the coming quarters thanks to rising interest rates, higher vehicle availability and worsening economic conditions that are likely to affect overall demand. And the lower list prices would come at a time when interest rates to borrow for car purchases are at levels not seen in 15 years — nearly 6% on average. Analysts at auto group Edmunds.com also suggest customers think about settling for a larger monthly payment to avoid paying more overall.

☆ In pictures: Hurricane Ivan crashes ashore in Florida
▼ + stars: | 2022-09-29 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

From the Galveston Hurricane in 1900 to Hurricane Maria in 2017, these are the most destructive hurricanes to ever make landfall in modern America.

☆ Eisai's Alzheimer's drug reduces cognitive decline by 27% in trial patients
▼ + stars: | 2022-09-28 | 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 EmailEisai's Alzheimer's drug reduces cognitive decline by 27% in trial patientsEisai Co. Chairman and CEO for the U.S. Ivan Cheung joins 'Closing Bell' to discuss promising results from the company's latest drug trial for Alzheimer's, and the anticipated cost of the drug if it becomes publicly available.

☆ Biogen and Eisai's latest clinical trial just crossed the finish line. Here's why analysts say the results could disrupt the future of Alzheimer's care.
▼ + stars: | 2022-09-28 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +7 min

It's a complicated, debilitating illness and drug companies have struggled for years to come up with viable treatments. On Tuesday September 27, Biogen and Eisai announced that lecanemab slowed the rate of cognitive decline in Alzheimer's patients by 27%. Analysts say that this positive result could lead to it becoming a blockbuster drug for the companies. Other big drug companies such as Roche Holdings and Eli Lilly are pursuing similar treatments, with results expected to come later this year and early next year, respectively. "I think people's confidence in the amyloid hypothesis would go down even further, but ultimately people would wait to see what those other data events show," he said.

After Ukrainian forces stage ambushes and cut off the key access route to the capital, Russian soldiers tell their relatives that the military strategy is failing. … That’s what we’re fucking going to do, it seems. “Frankly speaking, nobody understands why we have to fight this war," Sergey tells his girlfriend. Replay‘I’ll quit at once.’Frustrated by continuous setbacks and fearing for their lives, Russian soldiers say they are fed up with the military. As quickly as they came, the Russian soldiers in northern Kyiv withdrew, regrouped and pivoted east, where Russian-backed separatists have been waging war for over eight years.

Russians trying to avoid getting conscripted to fight in Ukraine appeared to be trying to cross the border into Georgia, Kazakhstan and even remote Mongolia, satellite imagery suggested Monday. Russian border guards didn’t appear to be trying to stop them. The Russians are fleeing to Georgia, Mongolia, Kazakhstan and other countries because they don't require visas. Logvin said he waited 34 hours at the border before he was allowed to enter Georgia. According to Maxar, this satellite image appears to show a traffic jam near the Russian border with Georgia on Sunday.

☆ Kia, once the ‘value’ brand, now has the biggest price markups
▼ + stars: | 2022-09-27 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

CNN Business —Reversing a century of tradition, most cars now sell for over the manufacturer’s sticker price. It isn’t some luxury or performance brand; it’s Kia, the South Korean car brand usually thought of as a value purchase. On average, Kia cars and SUVs are selling for about 6% over their sticker price, according to data from Edmunds.com. Roughly tied for second, at 4% above sticker price on average, are Honda, Hyundai and the luxury SUV brand Land Rover. Kia Motors AmericaAdding to the pressure is that, while manufacturing slowdowns have hit the whole industry, Kia models are especially hard to find.

☆ Russians flee to Georgia after Putin's mobilisation order
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +4 min

The Georgian capital Tbilisi had already seen an influx of around 40,000 Russians since Moscow invaded Ukraine on Feb. 24, according to government statistics. There, they hired a local driver to take them through the border checkpoints and after 24 hours they arrived in Tbilisi. The exact number of people who have left Russia since Putin announced what he called a "partial mobilisation" last Wednesday is unclear. LOCAL RESENTMENTRussians already in Tbilisi saw Putin's mobilisation decree as further vindication of their decisions to flee. More than 200 men who were detained at anti-war protests in Moscow last week were issued draft summons, state media reported.

☆ Ukrainian collaborators who sided with Russian occupation were given top jobs and fancy titles. Now they're being hunted down.
▼ + stars: | 2022-09-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +11 min

Around half the city has fled since Russia occupied the city in February, according to its elected mayor, Ivan Fedorov. On August 5, both Ukrainian and Russian sources reported that Vladimir Saldo has been put into a medically induced coma, citing a suspected poisoning. Saldo had the head of the government in the occupied city of Kherson. The business was owned by Balitsky and formerly had many Russian and Belarusian contracts, according to the BBC's Russian service. More than 1,300 people are under investigation for aiding the Russians in Ukraine, according to Ihor Klymenko, Ukraine's Head of National Police.

☆ A Kremlin ally died falling down the stairs, report says — the latest in a series of unexplained deaths among prominent Russians
▼ + stars: | 2022-09-22 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

The Moscow Aviation Institute's former rector died in an accident on Wednesday, the facility said. Local media said Anatoly Gerashchenko, 72, died falling down several flights of stairs. It's the latest in a string of accidental or untimely deaths of top Russian figures. The Moscow Aviation Institute (MAI) university announced the death of Anatoly Gerashchenko, 72, saying he died "as a result of an accident." An unnamed source told Russian newspaper Izvestia that he died on the university's grounds, by falling "from a great height" down several flights of stairs.

☆ Bolsonaro's gun laws arm Brazil's brazen bank thieves
▼ + stars: | 2022-09-21 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +10 min

In July, Reuters reported that Brazil's Federal Police disapproved of Bolsonaro's gun policies, arguing they would put more weapons in the hands of criminals. Of all the weapons now available to Brazil's gun fans, the T4 has emerged as the weapon of choice for its gangsters. A common tactic used by gangs - as seen in the case of Huijsman's T4 - is to steal weapons from CAC permit-holders' homes. On Oct. 31, 2021, Minas Gerais military police and Brazil's Federal Highway Police carried out two raids against alleged bank robbers hiding out near Varginha, killing 26 of them. Marques, the gun expert, said Huijsmans' rifle wouldn't be the last legally acquired firearm to turn up at a crime scene.

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