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☆ The up-and-coming stock pickers you should have on your radar
▼ + stars: | 2023-05-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Rising stars of equity research. When it comes to equity research, these analysts are a "strong buy." For a third consecutive year, Insider reporters canvassed their sources to identify the rising stars of equity research. Click here to meet our 17 rising stars of equity research. These are 10 of the cheapest places to nab a beach house in the US.

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after a "productive" phone call as the president headed back to Washington, the two sides said on Sunday. Staff members from both sides will reconvene for talks at 6 p.m. (1800 GMT) on Sunday. A failure to lift the debt ceiling by that date would trigger a default that would cause chaos in financial markets and spike interest rates. SPENDING CUTSMcCarthy said Republicans backed an increase in the defense budget while cutting overall spending, and that debt ceiling talks have not included discussions about tax cuts passed under former President Donald Trump. McCarthy has said he will give House lawmakers 72 hours to review an agreement before bringing it up for a vote.

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit on Monday after a "productive" phone call as the president headed back to Washington, the top House Republican leader said on Sunday. McCarthy, speaking to reporters following the call, said there were positive discussions on solving the crisis and that staff-level talks were set to resume later on Sunday. "Much of what they've already proposed is simply, quite frankly, unacceptable," Biden said before heading back to Washington. Kenny Holston/Pool via REUTERSA source familiar with the negotiations said Republicans had proposed an increase in defense spending, while cutting overall spending. The source said the Biden administration had proposed keeping non-defense discretionary spending flat for the next year.

Biden said he would speak to top congressional Republican Kevin McCarthy on his flight home and hoped the speaker of the House of Representatives had been waiting to negotiate with Biden directly. McCarthy, in an interview on Fox News, said he expected to speak with Biden later on Sunday morning. A source familiar with the negotiations said Republicans had proposed an increase in defense spending, while cutting overall spending. The source said the Biden administration had proposed keeping non-defense discretionary spending flat for the next year. Biden stressed that he was open to making spending cuts and said he was not concerned they would lead to a recession, but he could not agree to Republican demands.

Biden said he would speak to top congressional Republican Kevin McCarthy on his flight home and hoped the speaker of the House of Representatives had been waiting to negotiate with Biden directly. "Much of what they've already proposed is simply, quite frankly, unacceptable," Biden said. The source also said House Republicans wanted to extend tax cuts passed under then-President Donald Trump, which would add $3.5 trillion to the federal debt. SPENDING CUTSBiden heads back to Washington on Sunday after truncating his Asia trip to focus on the debt ceiling talks. Biden stressed that he was open to making spending cuts and said he was not concerned they would lead to a recession, but he could not agree to Republican demands.

☆ Blackstone acquires International Gemological Institute
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

MUMBAI, May 21 (Reuters) - Private equity giant Blackstone Inc(BX.N) said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun(0656.HK) and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family. Founded nearly 50 years ago by the late Marcel Lorie, IGI has 29 laboratories and 18 schools of gemology in 10 countries. India's jewellery market was worth is $78.5 billion in the 2021 financial year and its one of the world's biggest, though a significant portion goes for export.

When asked what message he would share with McCarthy, he declined to comment before talking with McCarthy first. The source also said House Republicans wanted to extend tax cuts passed under then-President Donald Trump, which would add $3.5 trillion to the federal debt. White House officials said they were expecting the call between Biden and McCarthy to take place as Biden flew home on Air Force One from the summit in Hiroshima. Biden heads back to Washington on Sunday after truncating his Asia trip to focus on the debt limit talks. Congressional Republicans voted to raise the debt ceiling three times, with no budget cut pre-conditions, when Republican Trump was in the White House.

☆ Biden, House Speaker McCarthy could speak Sunday on debt limit
▼ + stars: | 2023-05-21 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy could speak as soon as Sunday in talks over raising the federal $31.4 trillion debt ceiling. Biden will be headed back to Washington on Sunday after cutting his trip to Asia short to focus on the debt limit talks. The Republican-led House last month passed legislation would cut a wide swath of government spending by 8% next year. The source also said House Republicans want to extend tax cuts passed under former President Donald Trump, which would add $3.5 trillion to the federal debt. Congressional Republicans voted to raise the debt ceiling three times, with no budget cut pre-conditions, when Republican President Donald Trump was in the White House.

☆ Australian PM backs G7 on 'de-risking' trade with China
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 21 (Reuters) - Australian Prime Minister Anthony Albanese said on Sunday that he backed a Group of Seven (G7) joint statement out of Japan stressing the need to ease reliance on trade with China. Albanese said Australia had "for some time" expressed concern about China's activity, pointing to the "chafing" of an Australian aircraft. In May 2022, a Chinese fighter aircraft dangerously intercepted an Australian military plane in the South China Sea region, according to Australia's defence department. China, firmly opposing the G7 statement, has complained to summit organiser Japan, the Chinese foreign ministry has said. "That clarity should be there before the Prime Minister entertains a formal state visit to Beijing," Shadow Foreign Minister Simon Birmingham told ABC television.

☆ Arsenal pushed us but we capitalised on their 'hiccups', says Man City's Walker
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

"Arsenal pushed us right to the limit, they've been fantastic, so all credit to them. We just went on an incredible run, they had a few hiccups, we capitalised on it and we've managed to end up where we have," Walker told City's website. We're a bunch of lads who have achieved so much over the last number of years and we understand the standards we've set. "We wanted to prove anyone doubting us wrong - it wasn't good enough," Walker added. Certainly that's how it's been for the six years I've been here, so fair play to everyone involved."

☆ 'May December' director: women pay higher price than men for breaking rules
▼ + stars: | 2023-05-21 | by ( Mindy Burrows | ) www.reuters.com time to read: +2 min

[1/5] The 76th Cannes Film Festival - Press conference for the film "May December" in competition - Cannes, France, May 21, 2023. Director Todd Haynes and cast member Natalie Portman attend. REUTERS/Eric... Read moreCANNES, May 21 (Reuters) - Todd Haynes' new romantic drama "May December" shines a critical spotlight on the way women who break society's rules are held to much stricter standards than badly behaving men. Haynes told Reuters on Sunday. "There are incredibly problematic aspects to how this relationship began, which this film works toward a confrontation of toward the end," Haynes told journalists.

☆ Montana’s TikTok ban throws users into new era of uncertainty
▼ + stars: | 2023-05-21 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +5 min

CNN —Keri Williams wouldn’t have her business without TikTok. But earlier this week, Montana Gov. Now, Williams, who lives near Montana’s largest city — Billings — is scrambling to figure out the future of her business. The law, set to take effect in January, has already been the subject of a lawsuit by a group of TikTok users who allege it infringes on their First Amendment rights. TikTok said in March that it has 150 million monthly active users in the United States, up from 100 million users in 2020, when the Trump administration first threatened to ban the service.

HIROSHIMA, Japan, May 21 (Reuters) - Potential allied training programmes for Ukrainian pilots on F-16 fighter jets were a message to Russia not to expect to succeed in its invasion of Ukraine even in a prolonged conflict, German Chancellor Olaf Scholz said on Sunday. "The training of the pilots is a longer project," Scholz told reporters before leaving the G7 summit in the Japanese city of Hiroshima. Discussions with Kyiv were ongoing and no Ukrainian pilots were now being trained in France, the official said. The official said training a person from scratch to operate a NATO-made warplane could take as long as four years, while an experienced pilot used to Ukrainian jets would need four to nine months. We are in a counteroffensive stage and this training won't be ready in the coming weeks, but for the long term," the official said.

☆ Biden unveils new $375 mln U.S. military aid package for Ukraine
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden announced a new $375 million package of military aid to Ukraine on Sunday and told President Volodymyr Zelenskiy that the United States was doing all it could to strengthen Ukraine's defense for the war with Russia. Meeting with the Ukrainian leader on the sidelines of the G7 summit of world leaders in Hiroshima, Japan, Biden said the military aid package included ammunition, artillery, armored vehicles and training. "Together with the entire G7, we have Ukraine's back and I promise we're not going anywhere," Biden told Zelenskiy. In the meeting, Biden stressed his country's readiness to help build Ukraine's long-term capacity to defend against and deter Russian aggression, the White House said. Zelenskiy thanked the United States for the new package, and for the financial assistance of $37 billion to date, his office said.

☆ Rybakina targets deep run at Roland Garros after Rome triumph
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

The Moscow-born 23-year-old bagged her second title of 2023 after her Indian Wells triumph and fifth overall when Ukraine's Anhelina Kalinina retired while trailing 6-4 1-0. "I think with my game, I can play good on all the surfaces," said Rybakina, who also reached the Australian Open and Miami finals this season. Rybakina reached the third round at Roland Garros last year and hoped playing in Paris would be easier this time. Kalinina, whose hopes of a first title were dashed due to a leg injury, said Rybakina had the qualities to succeed on clay. She's making winners like no one on tour... anyone can win in Paris, but she has good chances," Kalinina said.

☆ G7 reaffirms commitment to a highly decarbonised road sector by 2030
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

HIROSHIMA, Japan, May 20 (Reuters) - The Group of Seven (G7) nations on Saturday reaffirmed their commitment to a highly decarbonised road sector by 2030 and committed to the goal of achieving net-zero emissions on roads by 2050. A G7 statement highlighted various actions countries are taking, including policies for achieving 100% or the overwhelming penetration of sales for zero-emission vehicles in the light-duty vehicle (LDV) category by 2035 and beyond. The policies include actions to achieve 100% electrified vehicles for new passenger car sales by 2035 and promotion of infrastructure and sustainable carbon-neutral fuels, including sustainable bio- and synthetic fuels, it said. "We note the opportunities that these policies offer to contribute to a highly decarbonised road sector, including progressing towards a share of over 50% of zero emission LDVs sold globally by 2030," the document added. Reporting by Reuters G7 team; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

☆ Ahead of financing summit, France lobbies G7 over Africa debt, climate impact
▼ + stars: | 2023-05-20 | by ( John Irish | ) www.reuters.com time to read: +2 min

France will host on June 22-23 the "Summit for a New Global Financial Pact", which will tackle reform of multilateral development banks (MDB), the debt crisis, financing for green technologies, the creation of new international taxes and financing instruments, and special drawing rights. "It's urgent for us to act and rethink collectively the international financing architecture," a French presidential official said, adding that Paris had lobbied its G7 partners ahead of next month's conference. "Today we have a network of development banks in the world which finance international solidarity and which find themselves limited in their capacity to act." "Africa is heavily indebted and we are paying the price of crises that have followed, including now the Ukraine crisis, so the G7 has a responsibility," one French official said. Wealthy nations have yet to come good on climate finance that they promised as part of a past pledge to mobilize $100 billion a year, a key stumbling block at global climate talks.

☆ Julianne Moore, Natalie Portman anchor Cannes competitor 'May December'
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/5] The 76th Cannes Film Festival - Screening of the film "May December" in competition - Red Carpet Arrivals - Cannes, France, May 20, 2023. Director Todd Haynes, cast members Julianne Moore,... Read moreCANNES, May 20 (Reuters) - Natalie Portman and Julianne Moore anchor director Todd Haynes' attempt at a fourth Palme d'Or in the drama "May December," which premiered at the Cannes Film Festival on Saturday night. Her life begins to unravel when Portman, a Hollywood actor, shows up to prepare for a role as Moore's character. Both Moore and Portman have won Oscars for best actress, 2015's "Still Alice" and 2011's "Black Swan," respectively. "May December," which was shot in just 23 days, is Moore's fourth time working with Haynes.

☆ Katie Taylor faces Chantelle Cameron in 'huge boxing event for Ireland'
▼ + stars: | 2023-05-20 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

The undisputed lightweight world champion, Taylor holds 18 gold medals – including an Olympic gold – and sits second in the Ring’s women’s pound-for-pound rankings. On May 20, national hero Taylor will face Chantelle Cameron – the undisputed super-lightweight world champion – at the 3Arena in Dublin in front of a partisan home crowd as she attempts to become a two-weight undisputed world champion. Cameron, the 32-year-old from Northampton, United Kingdom, was previously signed to MTK Global but is now signed to Matchroom Boxing alongside Taylor. Four international boxing promotions have been held across Ireland over the last six months, according to Mel Christle, chairman of the Boxing Union of Ireland. The presence of Katie Taylor headlining the bill, in her hometown, is making it a huge sporting event for Ireland,” added Christie.

☆ Man United beat Bournemouth to close on Champions League
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +3 min

[1/4] Soccer Football - Premier League - AFC Bournemouth v Manchester United - Vitality Stadium, Bournemouth, Britain - May 20, 2023 Manchester United's Casemiro and teammates celebrate after the match... Read moreBOURNEMOUTH, England, May 20 (Reuters) - Midfielder Casemiro scored a brilliant acrobatic volley to give Manchester United a 1-0 Premier League win at Bournemouth on Saturday that took them closer to Champions League football next season. Fifth-placed Liverpool, who are on 66 points after a 1-1 draw against Aston Villa, face relegated Southampton on the final day. It is not easy scoring goals," United manager Erik ten Hag told the BBC. As Manchester United's game was ending, Liverpool were a goal down to Aston Villa and a defeat there would have guaranteed United's qualification for the Champions League. But even though Roberto Firmino equalised for Liverpool, Ten Hag said he was not interested in that result.

☆ The Cannes Film Festival
▼ + stars: | 2023-05-20 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +2 min

The Cannes Film Festival began this week with Maïwenn’s “Jeanne du Barry,” starring Johnny Depp as Louis XV, and ends on May 27 with a new Pixar film, “Elemental.” In between, there will be many screenings, many awkward standing ovations, many awards bestowed. Wes Anderson also has a new one, “Asteroid City,” about a junior stargazing convention. It features many members of the Andersonian repertory — Jason Schwartzman, Edward Norton, Adrien Brody and others. In “Firebrand,” from the Brazilian director Karim Aïnouz, Alicia Vikander plays Catherine Parr, the sixth and final wife of Henry VIII, who’s played by Jude Law. Hirokazu Kore-eda, whose film “Shoplifters” won the Palme d’Or in 2018, has a new film, “Monster.” It stars Sakura Ando from “Shoplifters,” and the composer Ryuichi Sakamoto, who died last month, did the score.

☆ Kalinina hopes Rome run provides some comfort for Ukraine
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +2 min

Kalinina's entire family is now in Kyiv following Russia's invasion of Ukraine -- which Moscow calls a "special military operation" -- but constantly face danger. "It's really important to win every match, because of what Ukraine goes through," Kalinina said after her 7-5 5-7 6-2 win on Friday. "I really hope that I give a tiny, small light, maybe some positive emotions for my country. So I really hope that Ukraine enjoys a little bit." It's no secret why I didn't shake, because this country attacked Ukraine," Kalinina said.

☆ 'I will cry 100%': Firmino braces for emotional Anfield farewell
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +2 min

May 20 (Reuters) - Liverpool forward Roberto Firmino expects his final game at Anfield to be an emotional affair and the Brazilian said he is bracing for a flood of tears as he prepares to leave the Premier League club after eight trophy-laden years. Firmino, who has scored 109 goals since his move from Hoffenheim in 2015, has won every major trophy with Liverpool including the Premier League, Champions League, FA Cup and League Cup. "I am trying to focus on the game, but after it I will cry 100%," Firmino told reporters ahead of Saturday's game against Aston Villa, Liverpool's last home game of the season. "I will miss everything -- my teammates, the club, the fans, especially the fans. At his peak, Firmino was the fulcrum in Liverpool's three-pronged attack, forming a devastating partnership with Mohamed Salah and Sadio Mane.

☆ Disney vs. DeSantis: What to Know About Their Power Struggle
▼ + stars: | 2023-05-19 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Title 42: What Its End Means for Immigration and the Southern Border Title 42, which allowed U.S. authorities to quickly expel migrants on public health grounds, expired on May 11. WSJ’s Alicia A. Caldwell explains what the policy is, its effect on the border and what comes next. Photo: John Moore/Getty Images

RAAs create frameworks to facilitate military cooperation, such as making the entry of foreign personnel and equipment easier for the visiting force. France's Defence Minister Sebastien Lecornu said last monththat Paris was hoping to agree RAAs with Japan, enabling the two sides to strengthen their military operability and exchanges. Japan and France have already held numerous joint military exercises over the past few years bilaterally and also as part of a wider group. After signing defence cooperation deals with Canberra and London, Japan could next sign one with the Philippines. The agreements are expected to allow for faster deployment of armed forces in joint military exercises and in the event of natural disasters.

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