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[1/3] U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque//File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 14 (Reuters) - U.S. President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. But they have met only once in person since then, and Xi, who arrived in San Francisco on Tuesday evening, had not visited the United States since 2017 when Donald Trump was president. The White House says the aim of the summit, to be held at an unannounced location in the San Francisco Bay Area, is to boost communication to prevent an intense rivalry from veering into conflict. In a separate dinner with business leaders, the Chinese president will be looking to boost flagging investment by U.S. firms in China.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Xi, Donald Trump, Biden, Richard Fontaine, There's, Trump, David Brunnstrom, Michael Martina, Don Durfee, Grant McCool, Leslie Adler Organizations: REUTERS, FRANCISCO, Asia Pacific Economic Cooperation, East China Seas, U.S, Washington's Center, New, New American Security, APEC, Thomson Locations: Bali , Indonesia, San Francisco, United States, San Francisco Bay, Ukraine, North, Russia, Taiwan, U.S, China, South, East, Philippines, Washington, Iran, New American

CENTRAL ISLIP, New York, Nov 14 (Reuters) - A former fundraiser for indicted U.S. Representative George Santos pleaded guilty to fraud on Tuesday, adding to the pressure on the embattled New York Republican. U.S District Judge Joanna Seybert accepted the plea, part of an agreement with federal prosecutors, and set Miele's sentencing for April 30. At the hearing, Miele admitted he pretended he was chief of staff to the then minority leader of the U.S. House of Representatives, Kevin McCarthy, to help solicit contributions for Santos' campaign. Miele is the second person close to Santos to plead guilty to federal charges in recent weeks. Nancy Marks, Santos' former campaign treasurer, pleaded guilty on Oct. 5 to a conspiracy charge for inflating his 2022 congressional campaign's fundraising numbers.

Persons: Representative George Santos, Samuel Miele, Joanna Seybert, Miele, Santos, Kevin McCarthy, Joseph Murray, Miele's, Nancy Marks, Tom Hals, Daniel Wallis Organizations: U.S, Representative, New York Republican, U.S . House, Representatives, Thomson Locations: ISLIP , New York, Long Island, Santos, Wilmington , Delaware

[1/7] Chinese President Xi Jinping arrives at San Francisco International Airport to attend the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S., November 14, 2023. He is due to meet U.S. President Joe Biden at an undisclosed location in the San Francisco Bay Area on Wednesday morning and then attend the annual summit of the Asia Pacific Economic Cooperation (APEC) forum. U.S. Trade Representative Katherine Tai, who with Blinken opened the APEC ministerial session, said the San Francisco meeting came at a time of "great uncertainty and challenges" for the region. As Biden arrived in San Francisco, shortly before Xi was due to land, dueling demonstrators greeted the U.S. president's motorcade from the airport. Earlier on Tuesday, a small aircraft flew circles over the APEC summit venue in downtown San Francisco, trailing a banner that read "END CCP FREE CHINA FREE HK FREE TIBET FREE UIGHUR," referring to China's treatment of Uyghurs, which the Biden administration calls "genocide."

Persons: Xi Jinping, Brittany Hosea, Antony Blinken, Xi, Joe Biden, Biden, Janet Yellen, China Nicholas Burns, Blinken, Katherine Tai, John Kirby, Nancy Pelosi, Michael Martina, Ann Saphir, David Brunnstrom, Trevor Hunnicutt, David Lawder, Chris Reese, Josie Kao Organizations: San Francisco International Airport, APEC, Economic Cooperation, REUTERS, FRANCISCO, U.S, San Francisco Bay Area, Asia Pacific Economic Cooperation, Air China, . Trade, San, White House, Biden, China, Chinese Communist Party, Thomson Locations: Asia, San Francisco , California, U.S, United States, Beijing, San Francisco Bay, Air, China, Washington, San Francisco, Israel, Gaza, Ukraine, Taiwan, Tibet, Hong Kong, CHINA, TIBET

☆ Xi-Biden summit: What’s on the agenda for China’s leader as he heads to California?
▼ + stars: | 2023-11-14 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Biden, meanwhile, finds himself strapped with international challenges from the war in Ukraine to the latest conflict in Gaza. Chinese leader Xi Jinping, left, and US President Joe Biden. Getty ImagesXi’s agendaDespite the challenges he faces at home, the insulated Chinese leader may see himself in a stronger position relative to Biden. Xi will ask Biden to clarify and define the scope of the US approach on tech restrictions, analysts say. Liu Ranyang/China News Service/VCG/Getty Images‘Positive signals’The lead-up to Xi’s American visit has been marked with signals that China is hoping to smooth prickly relations.

Persons: — Xi Jinping, Joe Biden —, Xi, Biden, he’d, ”, Yun Sun, Xi Jinping, Joe Biden, …, Suisheng Zhao, Stimson, Sun, Harry Moyer, Liu Ranyang, Zhong Sheng, wisecracks, Nancy Pelosi’s, Beijing’s, Shi Yinhong, Shi Organizations: CNN, Asia Pacific Economic Cooperation, “, China Program, Stimson, Getty, Biden, Center for, Cooperation, University of Denver, Communist Party, US, Taiwan’s Democracy Progressive Party, US Flying Tigers, Kunming Foreign Language School, China News Service, “ Flying Tigers, China’s Renmin University, Republicans Locations: China, Hong Kong, San Fransisco, Bali , Indonesia, Ukraine, Gaza, Washington, Beijing, Center for China, Taiwan, California, Kunming, China's Yunnan, United States, Russia, Iran

☆ Buffalo Bills rue ‘inexcusable’ mistake which led to last-gasp 24-22 defeat to Denver Broncos
▼ + stars: | 2023-11-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —The Denver Broncos earned a dramatic 24-22 victory over the error-prone Buffalo Bills on Monday, after Wil Lutz converted a last-minute, retaken field goal. At the end of the day, we didn’t execute it, so it’s inexcusable,” the visibly frustrated Buffalo Bills coach, Sean McDermott, told reporters after the game. Wil Lutz of the Denver Broncos kicks the game-winning field goal against the Buffalo Bills at Highmark Stadium on November 13. While the night may be remembered for the Bills’ error-strewn display, Courtland Sutton’s remarkable second quarter touchdown for Denver will also live long in the memory. Buffalo Bills safety Damar Hamlin makes a tackle in the fourth quarter of the game.

Persons: Wil Lutz, Lutz, “, Sean McDermott, Timothy T Ludwig, Josh Allen, –, ” Allen, Taron Johnson, Courtland Sutton’s, Russell Wilson, Sutton, ”, ” Hamlin, Damar Hamlin, Hamlin, Adam Trautman, Andy Cross, commotio cordis Organizations: CNN, The Denver Broncos, Buffalo Bills, Bills, AFC, Denver Broncos, Highmark, Getty, NFL, Buffalo, The Broncos, Denver, ESPN, MediaNews, Denver Post, Cincinnati Bengals Locations: Denver, Cincinnati

ABOARD AIR FORCE ONE, Nov 14 (Reuters) - U.S. President Joe Biden said on Tuesday his goal during talks with Chinese President Xi Jinping this week is to resume normal communications between the two superpowers, including military-to-military contacts. Speaking to reporters at the White House before departing for San Francisco, Biden said he is trying to alter the U.S. relationship with China for the better, after a period of strained ties. Biden and Xi are to meet on Wednesday in the San Francisco area during the Asia-Pacific Economic Cooperation summit. It will be only the second in-person meeting between the two leaders since Biden took office in January 2021. But top Biden administration officials have since visited Beijing and met with their counterparts to rebuild communications and trust.

Persons: Joe Biden, Xi Jinping, Biden, Xi, John Kirby, Kirby, Gavin Newsom, Brittany Hosea, I'm, Nancy Pelosi, Andrea Shalal, Steve Holland, Trevor Hunnicutt, Grant McCool Organizations: AIR FORCE, White, San Francisco, Economic Cooperation, Air Force, White House, San Francisco International Airport, APEC, REUTERS, Biden, Thomson Locations: China, San Francisco, Asia, Israel, Gaza, Ukraine, San Francisco , California, U.S, United States, Taiwan, Beijing

☆ Home Depot leans on small projects to top estimates as big-ticket spending wobbles
▼ + stars: | 2023-11-14 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

Americans have put big renovations and discretionary home-improvement projects on the back burner as they battle sticky inflation, higher interest rates and lingering caution around the economy. "We see great (customer) engagement... with smaller projects," CEO Ted Decker said on an earnings call. Per-share profit of $3.81 topped estimates of $3.76. "With continued pressure in certain big-ticket discretionary categories and a trend to smaller projects, HD took the conservative approach – which we agree with," Evercore analyst Greg Melich said. It now expects annual per-share profit to fall 9% to 11%, compared with a 7% to 13% slump estimated previously.

Persons: Lucy Nicholson, Ted Decker, Sarah Henry, Henry, Greg Melich, Deborah Sophia, Sriraj Organizations: REUTERS, U.S, Logan Capital Management, Home Depot, Thomson Locations: Los Angeles , California, Bengaluru

☆ The Federal Reserve Has Frozen Our Housing Market - The New York Times
▼ + stars: | 2023-11-14 | by ( Daniel Alpert | ) www.nytimes.com time to read: +1 min

The Federal Reserve’s relentless attack on inflation is jeopardizing our housing market. The Fed should immediately reverse course and buy mortgage securities to help moderate consumer mortgage rates. This will allow the Fed to raise non-housing interest rates, if necessary, while also allowing the housing market to resume functioning normally again. The central bank raised its key federal funds policy interest rate to a level about 22 times what it was previously in less than 18 months. In normal times, higher Treasury rates, which make mortgages more expensive, divert household income to mortgage payments and away from other purchases, dampen home buyer demand and, ultimately, lower home prices.

Persons: Paul Volcker Organizations: Fed

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 14 (Reuters) - U.S. President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. But they have met only once in person since then and Xi has not visited the United States since 2017 when Donald Trump was president. In a separate dinner with business leaders, the Chinese president will also been looking to boost flagging investment by U.S. firms in China. Biden is also expected urge China to use its influence with Iran to not broaden the conflict in the Middle East.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Xi, Donald Trump, Biden, Richard Fontaine, There's, Trump, David Brunnstrom, Michael Martina, Don Durfee, Grant McCool Organizations: REUTERS, FRANCISCO, Asia Pacific Economic Cooperation, East China Seas, U.S, Washington's Center, New, New American Security, APEC, Thomson Locations: Bali , Indonesia, San Francisco, United States, San Francisco Bay, Ukraine, North, Russia, Taiwan, U.S, China, South, East, Philippines, Washington, Iran, New American

☆ Former Rep. George Santos campaign fundraiser Miele pleads guilty to impersonating McCarthy aide
▼ + stars: | 2023-11-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

WASHINGTON, DC - NOVEMBER 01: Rep. George Santos (R-NY) walks back to his office after debate on the House floor on a resolution to expel him from Congress, at the U.S. Capitol November 1, 2023 in Washington, DC. On Wednesday evening, Congress is scheduled vote on an expulsion resolution against Rep. Santos and censure resolutions against Rep. Rashida Tlaib (D-MI) and Rep. Marjorie Taylor Greene (R-GA). (Photo by Drew Angerer/Getty Images)A former campaign fundraiser for embattled Rep. George Santos of New York pleaded guilty Tuesday in Long Island federal court to wire fraud related to impersonating a top aide to ex-House Speaker Kevin MCarthy while soliciting donations for Santos. Santos, 35, himself is charged in the same court in a 23-count superseding indictment with fraud, money laundering, theft of public funds, and making false statements. Santos, who has pleaded not guilty has refused demands by fellow House Republicans from New York and others to resign.

Persons: George Santos, Santos, Rashida Tlaib, Marjorie Taylor Greene, Drew Angerer, Kevin MCarthy, Samuel Miele, Nancy Marks Organizations: U.S, Capitol, Rep, George Santos of New, Republican, Republicans Locations: WASHINGTON, DC, Washington , DC, George Santos of, Long Island, New York, Queens, Nassau County, Long

☆ October's inflation report 'broke the hiking cycle's back,' and signals the Fed is done raising rates, Bank of America says
▼ + stars: | 2023-11-14 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Bank of America changed its Fed outlook on Tuesday after a softer-than-expected CPI report. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOctober's softer-than-expected inflation reading prompted Bank of America on Tuesday to change its outlook on further interest rate increases, with strategists declaring that the Federal Reserve's rate hiking cycle is over. Inflation in October came in at 3.2% year-over-year, down from 3.7% in September and the lowest reading since June. In its note on Tuesday, the bank called the report "the straw that broke the hiking cycle's back."

Persons: —, Katie Stockton, seasonality, Stockton Organizations: of America, Service, Bank of America, Markets, Fed, Dow Jones Industrial, Nasdaq Locations: New York

☆ Emma Hayes named coach of US women’s national team, signs record contract
▼ + stars: | 2023-11-14 | by ( Wayne Sterling | David Close | ) edition.cnn.com time to read: +3 min

CNN —Chelsea FC women’s manager Emma Hayes has been named head coach of the US Women’s National Team, the US Soccer Federation announced on Tuesday. She was named 2021’s Best FIFA Women’s Coach and is a finalist for the 2023 award. US Soccer, which reached an equal pay deal with female players in May 2022, said, without offering specifics, that Hayes’ contract makes her the highest paid women’s soccer coach in the world. “We felt strongly that Emma was the best person and coach to take the US Women’s National Team forward,” US Soccer Sporting Director Matt Crocker said. “I remember being a young coach working my way up through the system in the US and watching all those young girls aspire to play on the US Women’s National Team.

Persons: Emma Hayes, Hayes, ”, Andonovski, “, Emma, Matt Crocker, ” Hayes, Twila Kilgore, I’ve Organizations: CNN — Chelsea FC women’s, US, National Team, US Soccer Federation, Blues, FIFA, Soccer, CNN, US Soccer, US Soccer Sporting, Chelsea, Interim, Hayes ’, Women’s Super League, Chelsea –, FA Women’s, USA, Iona College, Professional Soccer, National, Summer Games Locations: Sweden, Paris

☆ Biden Says Goal of Xi Meeting Is to Resume Normal Communications
▼ + stars: | 2023-11-14 | by ( Nov. | At A.M. | ) www.usnews.com time to read: 1 min

WASHINGTON (Reuters) - U.S. President Joe Biden said on Tuesday his goal during talks with Chinese President Xi Jinping this week is to resume normal communications between the two superpowers, including military-to-military contacts. Speaking to reporters after remarks on climate change at the White House, Biden said he is trying to change the U.S. relationship with China for the better, after a period of strained ties. The two leaders meet on Wednesday in the San Francisco area.

Persons: Joe Biden, Xi Jinping, Biden Organizations: WASHINGTON, White Locations: U.S, China, San Francisco

ICBC Financial Services could not be reached for comment. It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

Persons: Kim Kyung, BNY Mellon, ICBC, Moxfive, Darrell Duffie, Duffie, BNY, SIFMA, Paritosh, Edward Tobin Organizations: Industrial, Commercial Bank of China, REUTERS, Commercial Bank of China's, Treasury, ICBC Financial Services, Reuters, ICBC, Securities, Exchange, Stanford, ICBC Financial, Treasuries, Thomson Locations: Beijing, China, Commercial Bank of China's U.S, New York, Wall

☆ DP World cyberattack: Australian ports restart some operations
▼ + stars: | 2023-11-13 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —One of Australia’s biggest port operators has restarted some operations after a crippling cyberattack that led to a huge backup of cargo. DP World Australia, which manages the flow of nearly 40% of the country’s goods and is owned by Dubai-based logistics giant DP World, announced Monday that the resumption came three days following a breach of its IT systems. The ports’ reopening comes after “successful tests of key systems overnight,” DP World Australia said in a statement, adding that about 5,000 containers would move out of its four terminals across the country on Monday. CNN has reached out to DP World Australia for confirmation. The Australian Federal Police told CNN on Monday that it was investigating the incident, while declining to comment further.

Persons: “, Darren Goldie, Goldie, ”, Home Affairs Clare O’Neil Organizations: Hong Kong CNN, Australia’s, DP, Commercial Bank of China, Australian Financial, CNN, Fremantle, National Cyber, ABC, Australian Federal Police, Twitter, Home Affairs Locations: Hong Kong, Dubai, Sydney, Melbourne, Brisbane

☆ In the Market: Inside Wall Street's scramble after ICBC hack
▼ + stars: | 2023-11-13 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +7 min

It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. Nevertheless, market participants said the attack is likely to add a new aspect to the regulatory review, as it brings cyber threats into sharper focus. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

☆ China weighs ending freeze on Boeing purchases with 737 Max deal in US -Bloomberg News
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 12 (Reuters) - China is considering resuming purchases of Boeing's (BA.N) 737 Max aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter. Boeing is still waiting to resume deliveries of its bestselling 737 MAX to Chinese airlines more than four years after they were halted following two deadly crashes. The company had said that as of the end of June, about 90% of its 737 Max jets in China had resumed commercial operations. Boeing in September slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel.

Persons: Gina Raimondo, Aly, Xi Jinping, planemaker, Gokul, Tom Hogue, Gerry Doyle Organizations: Boeing Shanghai Aviation Services, Shanghai Pudong International Airport, REUTERS, Max, APEC, Bloomberg, Boeing, Reuters, U.S, Thomson Locations: Shanghai Pudong, Shanghai, China, U.S, Beijing, Washington, Bengaluru

☆ Los Angeles’ I-10 remains closed indefinitely as damaging fire is investigated as arson. Here’s what we know
▼ + stars: | 2023-11-13 | by ( Taylor Romine | Elizabeth Wolfe | ) edition.cnn.com time to read: +5 min

CNN —Investigators are working to determine who is responsible for a massive fire over the weekend that has forced the indefinite closure of part of Los Angeles’ Interstate 10, as fire officials say the blaze was likely arson. Residents who are impacted have been urged to take public transit, work from home or plan for significant traffic delays. Investigators have sifted through the fire’s rubble in search of evidence and are working with Los Angeles firefighters to canvass the surrounding neighborhoods for potential witnesses and video footage, the fire marshal added. Firefighters responded to reports of the fire around 12:30 a.m. Saturday at a storage yard scattered with pallets, trailers and vehicles, according to the Los Angeles Fire Department. About 100 columns beneath the bridge were impacted by fire and are being inspected, according to transportation department director Tony Tavares.

Persons: Karen Bass, “, Daniel Berlant, Berlant, Gavin Newsom, Newsom, ”, ” Bass, ” Newsom, Kristin Crowley, Jae C, ” John Yang, Yang, Tony Tavares, Transportation Toks Omishakin, ” Yang Organizations: CNN —, ”, “, Firefighters, Los Angeles Fire Department, California Department of Transportation, Transportation, Apex Development, CNN Locations: Los Angeles, City, Los Angeles County, California

☆ Australian ports resume operations following cyberattack disruption
▼ + stars: | 2023-11-13 | 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 EmailAustralian ports resume operations following cyberattack disruptionCNBC’s Lori Ann LaRocco joins 'Power Lunch' to discuss the cyberattack on DP World Australia.

Persons: Lori Ann LaRocco Organizations: DP

☆ United Airlines will not resume flights to Israel
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: 1 min

A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNov 13 (Reuters) - United Airlines (UAL.O) will not resume flights to Tel Aviv, Israel, from Newark, New Jersey, on Nov. 24, a company spokesperson said. A previous statement that flights were resuming was made in error by its public relations agency, the airline said. (This story has been officially corrected to say that United Airlines is not resuming service to Israel)Reporting by Steve Scheer and Shivansh Tiwary; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, Steve Scheer, Shivansh, Anil D'Silva Organizations: United Airlines, Newark Liberty International Airport, REUTERS, Airlines, Thomson Locations: New York City, New Jersey, U.S, Tel Aviv, Israel, Newark , New Jersey

☆ Iraq expects deal to resume Kurdistan oil output within three days
▼ + stars: | 2023-11-12 | by ( Ahmed Rasheed | ) www.reuters.com time to read: +2 min

Iraq's oil minister, Hayan Abdel-Ghani, speaks during a press conference at Iraq's Majnoon oil field near Basra, Iraq, May 12, 2023. REUTERS/Essam Al-Sudani/File Photo Acquire Licensing RightsSummaryCompanies Iraq reached understanding with Turkey on oil exportsBaghdad seeks deal to adjust KRG oil contractsBAGHDAD, Nov 12 (Reuters) - Iraqi oil minister Hayan Abdel-Ghani expects to reach an agreement with the Kurdistan Regional Government (KRG) and foreign oil companies to resume oil production from the Kurdish region’s oilfields within three days, he said on Sunday. Abdel-Ghani and top federal oil officials on Sunday started meetings with the KRG's ministry of natural resources and senior Kurdish energy officials to discuss the matter. "The purpose of this meeting is to resolve all issues to facilitate resumption of oil production and exports," Abdel-Ghani told reporters in Erbil. APIKUR's members include international oil and gas companies that have a direct or indirect interest in upstream oil or gas contracts in Iraq's Kurdistan region, many of which have had to stop output because of the pipeline closure.

Persons: Hayan Abdel, Ghani, Essam, Abdel, Ahmed Rasheed, William Maclean, David Goodman Organizations: REUTERS, Kurdistan Regional Government, of Commerce, ICC, Association of, Petroleum Industry, Thomson Locations: Basra, Iraq, Turkey, Baghdad, BAGHDAD, Kurdish, Erbil, Iraq's, Kurdistan, Ankara, Iraq's Kurdistan

☆ Biden will push China to resume military ties with US, official says
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. Biden will meet Chinese President Xi Jinping in person for the first time in a year on Wednesday during the Asia-Pacific Economic Cooperation summit in San Francisco. It will be only the second in-person meeting between the two leaders since Biden took office in January 2021. Sullivan said on CNN's "State of the Union" that Biden would seek to "advance the ball" on military ties during his meeting with Xi, but declined to provide further details. President Biden would like to re-establish that," Sullivan said.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Jake Sullivan, Biden, it's, Sullivan, Xi, Katharine Jackson, Arshad Mohammed, Andrea Shalal, Scott Malone, Grant McCool Organizations: REUTERS, Rights, White House, Biden, Economic Cooperation, U.S, CBS, Thomson Locations: Bali , Indonesia, China, Asia, San Francisco, Israel, Ukraine, North, Russia, Taiwan, U.S, United States, Beijing

☆ As Biden and Xi gear up for a high-stakes meeting, experts have low expectations
▼ + stars: | 2023-11-12 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +8 min

Senior U.S. administration officials detailed a handful of agenda items during a briefing with reporters. "We're not talking about a long list of outcomes or deliverables," a senior administration official told reporters. Even in recent days, Chinese officials were hesitant to confirm that Xi would attend the meeting with Biden. Biden and Xi's meeting also comes in the lead-up to Taiwan's 2024 presidential election in January, followed by the U.S. election. "We've been clear publicly and privately that interference in the Taiwan election is something we're extremely concerned about," a senior administration official said.

Persons: Xi Jinping, Joe Biden, Xi, Colleen Cottle, Jude Blanchette, They've, Thomas Fingar, Fingar, Biden, Wang Wenbin, Karine Jean, Pierre, Jean, Oriana Skylar Mastro, Ely Ratner, Ratner, We've, we've, Li Shangfu, Li, David Sacks, Sacks, Xi's Organizations: Global China, Atlantic Council, Senior, Center for Strategic, International Studies, Stanford University, National Intelligence Council, White, U.S ., American Enterprise Institute, NBC News, Defense, Biden, China, Council, Foreign Relations, U.S, Washington Locations: Nusa Dua, Indonesian, Bali, U.S, China, Taiwan Strait, South China, San Francisco, People's Republic of China, Taiwan

☆ Members of the 'PayPal Mafia' include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.
▼ + stars: | 2023-11-12 | by ( Tami Brehse | Kylie Kirschner | ) www.businessinsider.com time to read: +1 min

A group of early 2000s PayPal employees and founders came to be known as the "PayPal Mafia." The group includes Elon Musk, Peter Thiel, Reid Hoffman, and the founders of both YouTube and Yelp. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Members of the group include Elon Musk, Peter Thiel, and Reid Hoffman, along with over a dozen others. Here's a rundown of the most prominent members of this exclusive group and what they're up to over two decades later.

Persons: Elon Musk, Peter Thiel, Reid Hoffman, —, Fortune Organizations: PayPal, Elon, YouTube, Service, LinkedIn, PayPal Mafia

An Israeli military spokesperson said Hamas had lost control of northern Gaza. The Israeli military said 46 had been killed since its ground operations there began. ISRAEL SAYS IT WILL HELP EVACUATE BABIESIsrael's chief military spokesperson, Rear Admiral Daniel Hagari, said the Israeli military would help evacuate babies from the hospital. "The staff of the Shifa hospital has requested that tomorrow we help the babies in the pediatric department to get to a safer hospital. 'TOTALLY SCARY ATMOSPHERE'Ahmed al-Mokhallalati, a senior plastic surgeon at Al Shifa, told Reuters there had been continuous bombardment for more than 24 hours.

Persons: Netanyahu, Benjamin Netanyahu, Al Shifa, Ashraf Al, Qidra, Moshe Tetro, Daniel Hagari, Israel, Avi Dichter, Dichter, Ahmed al, Al Shati, Al Nasr, Ahmed Siam, Al, Nidal al, Maytaan, Maytaal Angel, Emily Rose Jerusalem, Crispian Balmer, Ari Rabinovitch, Adam Makary, Omar Abdel, David Brunnstrom, Daniel Wallis Organizations: Palestinian, Hamas, Israeli Defense Forces, Reuters, Al, Medical, Israel Defense Forces, Quds Brigades, Thomson Locations: Gaza, GAZA, JERUSALEM, Gaza's, Rafah, Egypt, Israeli, Israel, Tel Aviv, Gaza City, COGAT, ISRAEL, Al, Quds, Al Shifa, Al Nasr, London, Brussels, Saudi Arabia

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