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Persons: Dow Jones Locations: africa, libya
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/hopes-of-rescuing-morocco-earthquake-survivors-dwindle-as-death-toll-nears-2-900-f60776eb
Persons: Dow Jones Locations: morocco
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Persons: Dow Jones Locations: morocco
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/hopes-of-rescuing-morocco-earthquake-survivors-dwindle-as-death-toll-nears-2-900-f60776eb
Persons: Dow Jones Locations: morocco
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/earthquake-hit-moroccans-grow-desperate-as-aid-faces-hurdles-12d6279f
Persons: Dow Jones
A man walks past an electronic board showing Japan's Nikkei average and stock prices outside a brokerage, in Tokyo, Japan, March 17, 2023. Australian shares (.AXJO) reversed earlier losses to be up 0.12% and Japan's Nikkei stock index (.N225) slid 0.19%. The Hang Seng Property Index (.HSNP), a gauge of Hong Kong's top developers, shed almost 4% while the mainland property index (.HSMPI) was off 3.24%. "We need the property market to stabilize first in order for any meaningful kind of economic rebound to happen in China," said David Chao, Invesco's Asia Pacific market strategist. Those should put a floor under the property market some time soon."
Persons: Androniki, David Chao, Daniel Zhang, Brent, Scott Murdoch, Edwina Gibbs, Simon Cameron, Moore Organizations: Nikkei, REUTERS, Rights, Alibaba, HK, Index, Chevron, Thomson Locations: Tokyo, Japan, Asia, China, Pacific, Hong Kong, Asia Pacific, Beijing, Shanghai, Shenzhen, United States, Wells, Australia, Sydney
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/africa/morocco-earthquake-rescue-efforts-intensify-as-death-toll-passes-2-000-ebb20299
Persons: Dow Jones Locations: africa, morocco
Its restaurant portfolio includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar. But a better opportunity might be their hidden gem in the 150 Outback restaurants in Brazil. As for Starboard, the firm has had extensive success at both Papa John's and Darden, but in strikingly different ways. Papa John's was a very amicable engagement in which Starboard was invited onto the board and worked with management to create extensive shareholder value. If management is smart, they will view Darden as a warning, and Papa John's as the opportunity.
Persons: David C, George, Bloomin, outperforming Darden, Jeff Smith, Papa John's, Chris, Del Frisco's, accretive, Jana Partners, John P, Gainor, Lawrence V, Jackson, Jana, Papa, Darden, Ken Squire Organizations: Brands, Wine, Papa John's, Darden, Texas Roadhouse, LongHorn Steakhouse, Texas, Fogo De Chao, 13D Locations: United States, BLMN, Fogo De, Brazil
WeWork's lease liabilities accounted for more than two-thirds of its operating expenses for the second quarter of this year, Tolley said. As of June 30, WeWork had 777 locations in 39 countries. The shuttering of select WeWork locations isn’t new. The process to renegotiate so many leases could take months, if not longer, he said. WeWork’s plans to renegotiate most of its leases also arrive at a time when demand for office space is weak overall.
Persons: — WeWork, , WeWork, David Tolley, Tolley, ” Tolley, , Jonathan Adelsberg, Herrick, Feinstein, Sam Chandan, Chao, Chen, University’s, ” Chandan, David Putro, “ It's, ” Putro, WeWork’s, Chandan, Adam Neumann, It's Organizations: New, Real Estate Department, Chen Institute, Global Real Estate Finance, University’s Stern School of Business, Morningstar Credit, Major, D.C, Putro Locations: New York, Major U.S, San Francisco , New York, Chicago, Washington, San Francisco,
U.S. markets are seeing a soft landing: Invesco
  + stars: | 2023-09-01 | 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 EmailU.S. markets are seeing a soft landing: InvescoDavid Chao, global market strategist at Invesco, says he is seeing more positive than negative developments in the U.S. economy.
Persons: David Chao Organizations: U.S Locations: U.S
CNN —It would be a mistake to presuppose these are the final days of Sen. Mitch McConnell’s record-setting run as the Republican leader in the Senate. In January, Trump referred to Barrasso as McConnell’s “flunky” during a radio interview in Barrasso’s home state of Wyoming. Trump views McConnell as an enemyNo Senate leader will be able to maintain a flawless relationship with Trump, but McConnell’s has been particularly fraught. McConnell’s wife, Elaine Chao, who served in Trump’s administration as transportation secretary, has more recently been the subject of racial insults from Trump. Any successor would have to navigate Trump’s control of the party – and the very real potential that Trump could return to the White House.
Persons: Sen, Mitch McConnell’s, Donald Trump’s, Trump, McConnell, Rich Lowry, , , CNN’s Manu Raju, Raju, It’s, George W, Bush, Lowry, ” Lowry, Johns ” – Sen, John Thune of, John Cornyn of, John Barrasso of, Thune, , Tom Daschle, – “, Kristi Noem, Tim Scott of, Cornyn, “ He’s, ” Cornyn, Utah’s Sen, Mitt Romney, Barrasso, McConnell’s, Elaine Chao, Trump’s Organizations: CNN, Republican, Republicans, National Review, Capitol, GOP, New York Times, today’s GOP, Senate, South Dakota Gov, Trump, Republicans ’ Locations: John Thune of South Dakota, John Cornyn of Texas, John Barrasso of Wyoming, today’s, Trump, Thune, Tim Scott of South Carolina, Cornyn, Wyoming
Participants march with a banner with rainbow colours during the annual pride parade in Hong Kong, China, November 7, 2015. "Hong Kong has a real opportunity to take the lead here and give a clear message," said Gigi Chao, the vice chair of listed Hong Kong property firm Cheuk Nang Holdings and a prominent gay rights advocate in Asia. "WAKE UP"Business groups in Hong Kong, Singapore and Japan have become increasingly vocal in making the case that Asia's leading economies must do more to encourage diversity. A poll this year by Kyodo news agency of just over 1,500 people showed that nearly 70 percent supported same-sex marriage. While corporates rarely lobby Asian governments directly on LGBTQ rights, activists say they show their support through sponsorship of LGBTQ events and Pride-themed marketing.
Persons: Bobby Yip, Janet Ledger, Jimmy Sham, Asia's, Gigi Chao, Chao, Kida, Kiyong Shim, Dyson, Nomura, Kathy Teo, Singapore's, they're, Teo, Revolut, Jessie Pang, Justin Fung, Xinghui, Hyonhee Shin, Hyunsu Yim, Miral Organizations: REUTERS, Kong's, Community Business, Gay Games, Nang Holdings, Reuters, American Chamber of Commerce, Fortune, Kyodo, Liberal Democratic Party, EY, FINANCE, Rights Watch, Gallup, WeWork, Standard Chartered Bank ., Google, IBM, Thomson Locations: Hong Kong, China, HONG KONG, TOKYO, Tokyo, Singapore, Asia, Taiwan, Nepal, India, South Korea, York, Japan, EY Japan, Korea, Seoul, Standard Chartered Bank . Singapore, Xinghui Kok
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/ File Photo Acquire Licensing RightsBEIJING, Aug 20 (Reuters) - China will coordinate financial support to resolve local government debt problems, the central bank said in a statement on Sunday, as policymakers look to shore up an increasingly shaky economic recovery and reassure worried investors. Financial departments should coordinate support to resolve local debt risks, enrich tools to prevent and resolve debt risks, strengthen risk monitoring and firmly hold the line on avoiding systemic risk, according to the PBOC statement. Bloomberg reported on Aug. 11 that China will offer local governments a combined 1 trillion yuan ($137 billion) in bond issuance quotas for refinancing. "Financial support to the real economy must be strong enough" while major banks should increase lending, the statement said.
Persons: Jason Lee, Fitch, Pan Gongsheng, Xiao Yuanqi, Li Chao, PBOC, Ellen Zhang, Siyi Liu, Ryan Woo, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, Communist Party, Bloomberg, PBOC, National Financial Regulatory, China Securities Regulatory, Thomson Locations: Beijing, China, Rights BEIJING
And markets widely expect the PBOC to loosen monetary policy further. But the divergent monetary policy paths between the world's two largest economies widened the yield gap to 164 basis points between China's benchmark 10-year government bonds and U.S Treasuries s - the highest since February 2007. "More broadly, recent economic data releases in China have been disappointing, while those in the U.S. have surprised to the upside." The widening yield gap reduced foreign appetite in China's onshore yuan bonds, with latest official data showing overseas investors' holding declined in July. But the expectations for further monetary easing and capital outflow risks has pressure on the Chinese yuan to depreciate further.
Persons: Janet Yellen, Mark Schiefelbein, David Chao, Eugenia Victorino, SEB, Winni Zhou, Tom Westbrook, Simon Cameron, Moore Organizations: Rights, People's Bank of China, Asia, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights SHANGHAI, SINGAPORE, Invesco, U.S, Asia
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/brutal-summer-heat-tests-ability-of-energy-exporters-to-keep-their-citizens-cool-6cc07445
Persons: Dow Jones
REUTERS/Paulo Whitaker/file photo Acquire Licensing RightsNEW YORK, Aug 15 (Reuters) - Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1 billion, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560 million in 2018. The restaurant chain confidentially submitted paperwork for an initial public offering to regulators in late 2021, the sources said. Earlier in August, the Pollo Tropical restaurant chain was sold to Authentic Restaurant Brands for $225 million. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.
Persons: Paulo Whitaker, Rhône, Bain, Burger King, Dunkin, Ellis, Morgan Stanley, Sullivan, Cromwell, Abigail Summerville, Anirban Sen, Jonathan Oatis Organizations: Fogo de Chao, REUTERS, Bain Capital, Rhone Capital, Dunkin ’ Brands Inc, Brands Inc, Benihana, Deutsche Bank, Kirkland, Thomson Locations: Fogo de, Fogo de Chao Brazilian, Sao Paulo, Brazil, Chão, Fogo, Rhone, Southern Brazil, dealmaking, Sandwich, New York
Mitch McConnell said fighting for the future of the GOP is the most important thing he's doing now. McConnell told Politico that he does not want to "redefine" what it means to be a Republican. McConnell told Politico that he views this fight over the GOP's future as the most important thing happening right now that he may still be able to influence. "There are those who are trying to redefine what a Republican is — I'm not in that group," McConnell told Politico's Jonathan Martin. According to Politico, McConnell privately told Finnish President Sauli Niinistö that Trump "redefined narcissism" during a meeting last year.
Persons: Mitch McConnell, McConnell, Trump, Donald Trump's, , Politico's Jonathan Martin, Martin, Ron DeSantis, Tucker Carlson, Sauli Niinistö, Elaine Chao Organizations: GOP, Politico, Republican, Service, Reagan, Ukraine, Trump, Trump , Florida Gov, Republican House, NATO Locations: Ukraine, Wall, Silicon, Trump , Florida, Finland, Sweden
Morning Bid: China trade data disappoints, again
  + stars: | 2023-08-08 | by ( ) www.reuters.com   time to read: +3 min
U.S. equity markets saw their first positive day in August on Monday, but then along came Chinese trade data. Parsing the export data, David Chao, global market strategist at Invesco, says the miss was driven by lower prices rather than lower volumes, and that Chinese export volumes remain surprisingly robust. Though, he says, "looking at other export-related data such as export orders, the outlook appears weak." Even Chinese imports from Russia fell year-on-year in July, the first fall since Feb 2021. Tuesday looks quiet on the U.S. data front, but traders are bracing for the big one - Thursday's CPI data.
Persons: Alun John ., David Chao, Hong, Intesa, Banca, Banks, Moody's, Fed's Harker, Alun John, Barbara Lewis Organizations: Shipping, cnsphoto, REUTERS, Nasdaq, BPER Banca, Bank of New York Mellon, US Bancorp, Truist, Thomson, Reuters Locations: Shanghai, China, U.S, Hong Kong, Russia, Europe
Visitor numbers at Hangzhou Zoo have gone up by 30 percent to around 20,000 a day since a video of the Malayan bear, named Angela, became a trending topic on Chinese social media over the weekend, Zhejiang province-based Chao News reported. It was when Angela was standing up that some netizens said she looked like someone wearing a bear suit. The zoo has sought to refute the rumour in posts on its official WeChat account and in interviews with local media, saying that Angela is "definitely not a human". "Our zoo is government-run, so that kind of situation would not happen," a member of staff said, according to local media. Reporting by Martin Quin Pollard; Additional reporting by Jiawei Wang; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.
Persons: Angela, Chao, Qian Ming, netizens, Martin Quin Pollard, Jiawei Wang, Raju Gopalakrishnan Organizations: Hangzhou Zoo, Chao News, Hangzhou TV, Weibo, Thomson Locations: BEIJING, China's Zhejiang, Zhejiang province, Suzhou, Hangzhou
TAIPEI, July 28 (Reuters) - Six years after the #MeToo movement rose to global prominence and toppled powerful perpetrators of sexual abuse, Taiwan is racing to reform laws and provide training and support as it reckons with its own wave of complaints. The drama mirrored reality two months ago when an allegation of sexual abuse surfaced that was linked to Taiwan's ruling party. Her criticism of the then-head of the Democratic Progressive Party's women's affairs department for dismissing her complaint went viral. COMPANIES RESPOND TOOBusinesses are also responding by investigating complaints and training staff in preventing abuse. Hsieh said he hoped exposure to the movement at a young age would help his daughters develop a sense of equality.
Persons: Lai Pei, Lai, Chen Chien, jou, Tsai Ing, Chen Chao, Lee Yen, jong, Lee, Peng Yen, Liu Jung, jen, Liu, Yu Mei, Yu, Johnson Hsieh, Hsieh, Sarah Wu, John Geddie, Robert Birsel Organizations: Netflix, Facebook, Democratic Progressive, National Taiwan University, Women's Foundation, Reuters, Taiwan Bar Association, Thomson Locations: TAIPEI, Taiwan, Asia, Taipei
In many ways, Taiwan’s a nice place to live. We have laws in place for sexual harassment on campuses and in the workplace. On July 13, Taiwan’s cabinet proposed harsher penalties for perpetrators of sexual harassment and increased support for survivors under the three existing gender equality laws. The movement has grown far beyond politics, with dozens of men and women from a variety of backgrounds coming forward with their own stories of being victimized. People are expected to respect and yield to their elders and superiors — in short, the powers that be.
Persons: , Chen Chien, Hsueh Chao, Tsai Ing, Hsueh Organizations: Democratic Progressive Party Locations: Taiwan
Still, money market traders are split on the odds of another increase later in the year.FEDWATCH"The 25 basis point rise is a done deal. "The risk is that the Fed, looking at market bullishness, may not want to sound too dovish - they may want to keep the door open for more rate hikes." The MSCI world equity index (.MIWD00000PUS), which tracks shares in 47 countries, was flat. In Hong Kong, the Hang Seng index (.HSI) was down 0.3% and China's blue chip CSI300 index (.CSI300) was off 0.2%. Positive sentiment had returned to China's market on Tuesday, when the CSI 300 Index snapped a six-day losing streak.
Persons: Luca Paolini, Alison Rose, Nigel Farage's, We're, David Chao, Tom Wilson, Scott Murdoch, Jamie Freed, Kim Coghill Organizations: Fed, Federal, Pictet Asset Management, NatWest, BBC, Lloyds, CSI, ECB, Brent, Thomson Locations: SYDNEY, U.S, Germany, France, Britain, CHINA, Asia, Pacific, Japan, Hong Kong, London, Sydney
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are 'pockets of opportunity' in Asia for investors, says InvescoDavid Chao of Invesco discusses which Asian markets and asset classes he finds attractive as the Fed approaches the end of its tightening cycle.
Persons: Invesco David Chao, Invesco Organizations: Fed Locations: Asia
Eileen Chao works with people who, for any number of reasons, are less than comfortable with sex. She also works with people whose religious upbringing has complicated their relationship with sex or taught them “that their body is not to be trusted.”Ms. Chao is a surrogate partner in San Francisco. Unlike in more traditional forms of therapy, in which practitioners are usually careful to keep clients at arm’s length, a surrogate partner “enters into a temporary relationship” with a client on an intimate level, she said. “It’s really for clients to learn relationship skills and also develop a relationship with their own sexual selves,” she said. Ms. Chao, 42, described her office as a “relationship laboratory” in which she initiates different experiments to help clients identify whatever their barriers to emotional and physical intimacy might be.
Persons: Eileen Chao, Ms, Chao, , “ It’s, Locations: San Francisco
Here’s What Buy Side Staffers Are Buying on Sale for Prime Day
  + stars: | 2023-07-11 | by ( ) www.wsj.com   time to read: +13 min
Here are products on sale that our team members are buying themselves—or already own and can highly recommend—during this year’s two-day Prime event. I’ve set goals to cook more than I eat out or order in to save money and for my health goals, so I’ll be purchasing this All-Clad cookware set this Prime Day for all my cooking needs. The 8-inch version is on sale for Prime Day, coming in at less than $300. Reviewers note that they’re ideal for larger hands.” —Leslie Yazel, editor, head of contentSalon-level styling tool“I bought the Revlon One Step Volumizer styling brush last Prime Day, and it has been a favorite all year. My partner always steals them when we travel, so this Prime Day, I’ll be buying him his own pair while they’re $100 off ahead of our fall wedding-season travels.” —Chao Li, head of product
Persons: what’s, juicer “ I’ve, , Nick Guy, I’ve, ” — Ian Salisbury, AirTag, Brittany Nguyen, Madeline Diamond, Emily Schwartzberg, It’s, ” — Emily Welsh, it’s, ” — Alix Milne, Rina Stone, I’ll, — Caroline Wernecke, Hydrating, — Irma Sahinovic, Astrid Stawiarz, ” — Leslie Yazel, Jessica Woodbury, I’d, Caroline Wernecke, ” — Bellamy Richardson, Bissell, ” — Chao Li Organizations: Side, Timex Men’s Expedition, Revlon, Altos, Colgate, Sony WH, 1000XM4, Sony Locations: France
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