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☆ Vanguard sells stake in joint venture with Ant - Bloomberg News
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the matter. An increase in geopolitical tensions recently, however, has prompted some investing giants to split off their China arms. Vanguard did not immediately respond to a Reuters request for comment. Ant did not respond to a request for comment outside business hours.

Persons: Aly, Jack Ma, Ant, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, Bloomberg, BlackRock, Fidelity, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, U.S, Bengaluru

☆ Microsoft in talks to sign on Amazon as customer in $1 bln cloud tools deal - Insider
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Microsoft logo is seen at the Microsoft store in New York City, July 28, 2015. The global launch of the Microsoft Windows 10 operating system will take place on July 29. The e-commerce giant has committed the amount for over five years and to secure more than one million Microsoft 365 license seats, according to the report. Microsoft, whose shares gained nearly 1% in extended trading following the report, declined to comment. Reporting by Yuvraj Malik in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Yuvraj Malik, Sriraj Organizations: Microsoft, REUTERS, Reuters, Thomson Locations: New York City, Bengaluru

☆ Climate tech startups get growing share of muted global venture capital -PwC
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

LONDON, Oct 17 (Reuters) - Investment and grants in climate tech startups have fallen just over 40% over the last 12 months, but that plunge is less precipitous than the broader venture capital industry globally, analysts at PwC said in a report released on Tuesday. The report on the state of climate tech described investors as narrowing their focus to areas that need it most, such as heavy industries; climate tech has a "growing share of a muted market" hobbled by global economic and political conditions. "The need for climate technology continues to rise, but equity investment in start-ups has declined for a second year amid tough conditions in private markets," the report said. Investment in climate tech is about 10% of that total. The world is far behind the level of decarbonization needed to hold the rise in global temperatures to 1.5 degrees Celsius, PwC said.

Persons: PwC, Simon Jessop, Peter Henderson, David Gregorio Our Organizations: Investment, Thomson Locations: London, San Francisco

☆ A lot of 2023's new unicorns have been generative AI startups. Here's what to expect from the sector next year, according to Accel.
▼ + stars: | 2023-10-17 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +4 min

Generative AI startups have made up a lot of the world's new unicorns this year. High-profile investors have jostled to back, in some cases, weeks-old startups like Mistral as the hype around generative AI intensified. Both regions also tout a batch of promising unicorns across the generative AI stack. Generative AI will become a run-of-the-mill tool"Generative AI will unlock new verticalised applications built with smaller and dedicated models and industry-specific workflows," the Accel report said. Enterprises will also jump to incorporate generative AI more seamlessly into their automation tools, per the report.

Persons: —, Phillipe Botteri, Harvey Organizations: Venture, Mistral, US, Accel Partners, Runway, Accel, EU, Stanford University, Enterprises, Big Tech, Microsoft Locations: Europe, Israel, Jasper, France, EU

☆ FBI says US murders dropped in 2022, but theft rose
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

The Federal Bureau of Investigation seal is seen at FBI headquarters in Washington, U.S. June 14, 2018. Murder and non-negligent manslaughter across the country decreased by 6.1% and rape by 5.4%, while larceny and motor vehicle theft rose by 7.8% and 10.9%, respectively, the agency said in its national crime report. Although violent crime is trending downward, the 21,156 murders reported in 2022 are also well above pre-pandemic levels, according to FBI data. The number of annual reported murders never topped 18,000 during the 2010s, but jumped to 21,570 in 2020. Attacks on law enforcement officers increased slightly, up 1.8% from 2021 to an estimated 102,100 in 2022, the report said.

Persons: Yuri Gripas, Julia Harte, Bill Berkrot Organizations: Federal Bureau of, FBI, REUTERS, Federal Bureau of Investigation, Democratic, Thomson Locations: Washington , U.S, United States

☆ Snap shares jump as leaked 2024 user target exceed Wall St expectations
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, New York, U.S. on March 2, 2017. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsOct 16 (Reuters) - Snap (SNAP.N) shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million daily active users (DAUs) in 2024, above Wall Street expectations. Snap also expects advertising revenue to grow more than 20% in 2024 as part of its "stretch goals", the report said, putting it above Wall Street estimates of 14% growth. Snap was the first ad-reliant social media firm to flag a demand downturn last year as brands cut budgets amid red-hot inflation and high interest rates. Macroeconomic woes coupled with rising competition from social media platforms like Tiktok, saw Snap lose 80% of its valuation last year.

Persons: Lucas Jackson, Evan Speigel, Bernstein, Mark Schilsky, Chavi Mehta, Tasim Zahid Organizations: Inc, New York Stock Exchange, REUTERS, Thomson Locations: New York City , New York, U.S, Bengaluru

☆ Manchester United tumbles as Ratcliffe's stake bid report dents buyout hopes
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. "Investors are clearly reacting with disappointment to expectations the Qatar deal for Manchester United will not go through," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. "Expectations for a flood of fresh funding into Man U's coffers for a new stadium and new players are being revised." Jassim informed the Glazer family a few days ago that he will not raise his bid of more than $6 billion for Manchester United, which had a market capitalization of $3.26 billion as of Friday's close. Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, Glazer, Susannah Streeter, Hargreaves Lansdown, Jassim, Sruthi Shankar, Shinjini Organizations: Manchester United, Reuters, Premier League, Hargreaves, Thomson Locations: Qatar, Bengaluru

☆ Goldman Sachs says this global tech stock will soar as 'gaming-as-a-service' takes off
▼ + stars: | 2023-10-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Investors seeking exposure to Japan's growing gaming industry should look at technology and entertainment behemoth Sony , according to Goldman Sachs. Goldman expects shares of Sony Group Corporation to rise by 25% to 16,000 yen ($107) over the next 12 months. In addition, Goldman Sachs said there was significant growth potential for Crunchyroll, Sony's anime streaming service based in California, which it acquired in 2017. "Our team estimates that overseas markets will account for 80% of Japanese anime sales by 2036," the bank's report said. As earnings contributions from Crunchyroll and GaaS titles become more apparent starting in fiscal year 2025, Goldman Sachs sees an increase in consensus earnings estimates and valuation multiples.

Persons: Goldman Sachs, FactSet Organizations: Sony, Bungie, Goldman, Sony Group Corporation, New York Stock Exchange, SONY, Microsoft, Activision Blizzard Locations: Tokyo, California

☆ Rolls-Royce to cut 2,500 jobs in cost cutting drive -Sky News
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of Rolls-Royce is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, June 27, 2018. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 16 (Reuters) - Rolls-Royce Holdings (RR.L) is set to axe about 2,500 staff as soon as Tuesday as part of a cost-cutting drive by its new chief executive, Sky News reported on Monday. Rolls-Royce did not immediately respond to a request for comment. In May, Rolls-Royce said it had made no decisions regarding changes to its workforce, in response to a Sunday Times report that it was expected to cut about 3,000 non-manufacturing staff. Reporting by Jyoti Narayan in Bengaluru; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Royce, Benoit Tessier, Tufan Erginbilgic, Jyoti Narayan, Jonathan Oatis Organizations: Nuclear, REUTERS, Royce Holdings, Sky News, Sunday Times, Thomson Locations: Villepinte, Paris, France, Bengaluru

☆ Netflix may tap price hikes after success of password-sharing crackdown
▼ + stars: | 2023-10-16 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

The only profitable major streamer, Netflix has resisted joining rivals like Walt Disney (DIS.N) in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing. "Netflix now closely resembles a utility in many markets," analysts at Bernstein said. So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, analysts said. "Using these tactics, Netflix will likely double its ad-supported viewership next year," said Insider Intelligence analyst Ross Benes. Revenue in the third quarter likely rose 7.7% to $8.54 billion, the fastest growth in five quarters, thanks to strong programming that included the latest seasons of "Sex Education" and "Virgin River".

Persons: Dado, Walt Disney, Bernstein, Ross Benes, Samrhitha, Aditya Soni, Sayantani Ghosh, Devika Organizations: Netflix, REUTERS, Hollywood, Writers Guild of America, Intelligence, Wall, Revenue, Thomson Locations: Hollywood, Bengaluru

☆ More freight carriers are exiting the market as soaring diesel prices drag on truckers
▼ + stars: | 2023-10-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Soaring diesel prices this summer have raised financial stress for carriers, the report added. Diesel prices eased from March to June, but then spiked 18% from July to September. AdvertisementAdvertisementThe national average for diesel prices on Monday hovered at $4.456, AAA data shows. "For every 50 cents diesel prices increased in 2023, Motive saw a 30% increase in companies' financial stress." MotiveMotive anticipates diesel prices to stay volatile for the year ahead, and consumer demand will have to stay level or even grow to match the freight market's capacity and help it stabilize.

Persons: —, Motive Organizations: Motive, Soaring, Service, AAA, Motive Motive

☆ African ambassador criticizes IMF, World Bank for not giving enough loans
▼ + stars: | 2023-10-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

John Wessels | Afp | Getty ImagesBEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies. "The problem is that the ratings we are making for the African [countries] should be different," Ibrahima Sory Sylla, ambassador for the West African country of Senegal, said Thursday at an event at Peking University. The research claimed every 1% increase in Chinese loans resulted in an increase of 0.176% in African economic growth. Allan Joseph Chintedza, ambassador of Malawi to China, said the report should look also at the repayment period for Chinese loans. The East African country needs to provide a "sustainability letter" from the Chinese government in order to borrow more from the IMF, Chintedza added.

Persons: John Wessels, Sylla, Poor's, Senegal's Sylla, Fitch, Wu Peng, Jang Ping Thia, Thia, Vladimir Putin, Allan Joseph Chintedza, Chintedza Organizations: Afp, Getty, BEIJING —, International Monetary Fund, World Bank, West, Peking University, Fitch, IMF, Bank, United, Loans, Boston, Global, Policy Center, CNBC, Asian Infrastructure Investment Bank, Initiative, Peking University's Institute, New Locations: Senegal's, Dakar, BEIJING, China, Senegal, West Africa, Africa, Beijing, Malawi

☆ Saudi's crown prince snubbed the US Secretary of State by making him wait hours for a meeting before postponing it, report says
▼ + stars: | 2023-10-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Mohammed bin Salman reportedly kept Antony Blinken waiting for hours for a meeting, then didn't show, a report said. It came as Blinken, the US secretary of state, tried to persuade the Saudi ruler to condemn the Hamas terror attacks. AdvertisementAdvertisementSaudi Arabia's ruler kept US Secretary of State, Antony Blinken, waiting for hours for a meeting, then didn't show up until the next day, in an astonishing snub to the US' top diplomat, The Washington Post said. But Blinken reportedly got a cold reception in Riyadh, where key differences between the US and Saudis emerged. Last year, a diplomatic spat erupted when the Saudis snubbed the Biden administration and refused to increase oil production.

Persons: Mohammed bin Salman, Antony Blinken, —, Blinken, Mohamed bin Salman, Biden, Abdel Fattah el Organizations: Service, State, Washington Post, Saudi, Analysts, China Locations: Saudi, Israel, Riyadh, Gaza, Saudi Arabia

☆ Netflix may hike prices after success of password-sharing crackdown
▼ + stars: | 2023-10-16 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

The only profitable major streamer, Netflix has resisted joining rivals like Walt Disney (DIS.N) in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing. It could hike prices after the end of the Hollywood actors strike, a media report said earlier in October. So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, analysts said. "Using these tactics, Netflix will likely double its ad-supported viewership next year," said Insider Intelligence analyst Ross Benes. Revenue in the third quarter likely rose 7.7% to $8.54 billion, the fastest growth in five quarters, thanks to strong programming that included the latest seasons of "Sex Education" and "Virgin River".

[1/3] A general view shows Haifa Port, which is to be sold to India's Adani Ports and local partner Gadot in Haifa, Israel July 24, 2022. Ashdod port has imposed restrictions on the transport of hazardous materials which has meant slower transits. Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data. "The Suez Canal, a critical waterway for various commercial vessels, including container ships, may face disruptions," Container xChange CEO Christian Roeloffs said. The Marshall Islands registry, one of the world's top shipping flags, last week raised the security level for Israel's ports and its territorial waters to their highest.

Persons: Gadot, Ilan Rosenberg, Christian Roeloffs, Jonathan Saul, Ari Rabinovitch, David Evans, Louise Heavens Organizations: Haifa Port, Adani, REUTERS, Rights, Israel's, Port, MSC, Ministry, Marshall, Thomson Locations: Haifa, Israel, Gaza, Ashkelon, Ashdod, Port, Port of Haifa, ”, Israel's, Suez, Hormuz, United States, Arabian, Strait, Gulf of Oman and Red, Jerusalem

Zoey’s father worked at the gas station where rescuers tried to save her life, but its manager and corporate owner also declined comment. It doesn’t make any sense,” said Mike Fonkert, deputy director of Kansas Appleseed, whose group also sued the state over its child welfare system. Bradley, who has four kids of her own, said she asked Zoey's mother if she could help in her care. In August 2022, Zoey’s mother was arrested for domestic battery, with her teenage daughter listed as the victim. That same month, Zoey's mom pleaded guilty to felony aggravated battery and driving under the influence, and was sentenced to probation.

Persons: — Zoey Felix's, Zoey, Weeks, Mickel Cherry, ”, Shakti Belway, Cherry, Mark Manna, Zoey’s, “, “ I’m, Laura Howard, Mike Fonkert, Kansas, Shaniqua Bradley, Bradley, Zoey's, ” Bradley, Sasha Camacho, Zoey —, Camacho, Dad, Zoey didn’t, Desiree Myles, Zoey couldn't, Gretchen Spiker, Spiker, Fonkert, —, Sharon Williams, ‘, ” ___ Hollingsworth, Jennifer Farrar, Rhonda Shafner, Randy Herschaft Organizations: Police, for Children, Families, National Center for Youth Law, Defense, Authorities, Associated Press, AP, Department for Children, Topeka, Prosecutors Locations: TOPEKA, Kan, Topeka, Kansas, Zoey’s, Nevada, Mission , Kansas, New York

☆ Hamas critique removed from Palestinians' Abbas comments on Israel attack
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +2 min

Palestinian President Mahmoud Abbas addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. The comments, published by WAFA on its website, came during a phone call between Abbas and Venezuelan President Nicolas Maduro. Abbas' Palestinian Authority exercises limited self-rule in the Israeli-occupied West Bank. He has long been opposed to Hamas, which seized control of Gaza in 2007 and ousted Fatah party forces loyal to Abbas. Abbas also heads the PLO, the umbrella group that represented the Palestinians in past U.S.-sponsored peace talks with Israel.

Persons: Mahmoud Abbas, Brendan McDermid, WAFA, Abbas, Nicolas Maduro, Fatah, Rami Ayyub, Hatem Maher, Ahmed Tolba, Deepa Babington, Lisa Shumaker, Sonali Paul Organizations: General Assembly, REUTERS, Palestinian, Palestine Liberation Organization, PLO, Hamas, Palestinian Authority, West Bank, Thomson Locations: New York City, U.S, Gaza, Israel

☆ Home prices are dropping fast in Phoenix. Here are 6 of the lowest-priced real estate listings there right now — including one at $215,000.
▼ + stars: | 2023-10-15 | by ( Haley Tenore | ) www.businessinsider.com time to read: +2 min

Phoenix was a pandemic boomtown, but home prices there are falling, according to a Realtor report. As of August 2023, the median home price in Phoenix was $537,900, down 1.2% compared to last year. But now some of these pandemic boomtowns are seeing home prices fall: Phoenix is one. AdvertisementAdvertisementWe combed through real estate listings to find five of the lowest-priced homes right now in the Phoenix area. Here's an idea of what you can get in the Phoenix area as of October.

Persons: —, Realtor.com, it's Organizations: Service, Phoenix Locations: Phoenix

☆ Esports made their 'tense and exciting' debut at this year's Asian Games
▼ + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Esports, or professional video gaming, were an official sport at the Asian Games for the first time. AdvertisementAdvertisementEsports, or competitive video gaming, debuted as an official event at this year's Asian Games in Hangzhou, China that concluded earlier this month. Due to the event's popularity, esports tickets were sold on a lottery basis, with more than five million entering the ballot, according to Hangzhou Asian Games data. We're excited to see the landscape of esports events around the world expand," said John Robinson, president of US esport organization 100 Thieves. The Olympic Esports Series is "a global virtual and simulated sports competition created by the IOC, and in collaboration with International Federations and game publishers."

Persons: —, esports, Chris Liu, Liu, Esports, JADE GAO, John Robinson, Kim Gwanwoo, WANG ZHAO, Matt Woods, AFK, Grant Rousseau, " Rousseau Organizations: Asian Games, of, EA Sports FC Online, Singapore, Service, Professional, EA Sports FC, South Korea, Team Malaysia, China, Xinhua News Agency, South, Associated Press, Fighter, Getty, Olympic, IOC, International Federations, Guardian, Team Falcons Locations: Hangzhou, China, Thailand, Wuxi, esports, Asia, Pacific, US, South Korea, AFP, Los Angeles

☆ A desperate Russia may be just what North Korea needs to finally update its ancient Air Force
▼ + stars: | 2023-10-15 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

North Korean leader Kim Jong Un visited Russia in September on his first overseas trip since 2019. The visit was seen as Russia's attempt to secure North Korean support for Moscow's war in Ukraine. For North Korea, Russia's desperation may be a chance to get help upgrading its aging air force. Korean People's Army Air and Anti-Air ForceSouth Korean troops guard a MiG-19 that a North Korean pilot used to defect in May 1996. KCNA via REUTERSGiven the North Korean air force's needs, it's easy to see Kim's visit as something of a prospective shopping trip.

Persons: Kim Jong Un, —, Vladimir Putin, Sergei Shoigu, Kim, Putin, CHOO YOUN, Antonov, Mikhail Japaridze, Kim's, Kim strode, Shoigu, Sergey Kobylash, Denis Manturov, Kim Jong Organizations: North, Service, Russian Defense, Vostochny, Amur Aircraft, Knevichi, Korean People's Army Air, Air Force South, MiG, Getty, Air Force, North Korean, Defense Intelligence Agency, DIA, KCNA, REUTERS, Kremlin Locations: Russia, Ukraine, North Korea, Korean, Russian, Moscow, Pyongyang, KONG, AFP, Soviet Union, China, Komsomolsk, Vladivostok, Japan, Korea

☆ U.S. says North Korea delivered 1,000 containers of equipment and munitions to Russia for Ukraine war
▼ + stars: | 2023-10-14 | by ( ) www.cnbc.com time to read: +4 min

Vladimir Smirnov | Afp | Getty ImagesThe White House said on Friday that North Korea has delivered more than 1,000 containers of military equipment and munitions to Russia for its ongoing war in Ukraine. The containers were shipped between Sept. 7 and Oct. 1 between Najin, North Korea, and Dunay, Russia, according to the White House. It threatened to respond in line with its escalatory nuclear doctrine that authorizes the preemptive use of nuclear weapons. The U.S. has accused North Korea of previously providing ammunition, artillery shells and rockets to Russia. After decades of hot-and-cold relations, Russia and North Korea have drawn closer since Moscow's invasion of Ukraine in 2022.

Persons: Vladimir Putin, Kim Jong, Vladimir Smirnov, Kim Jong Un, John Kirby, Kim, Kirby, Putin Organizations: North, Vostochny, Afp, Getty, White, National Security, Democratic People's, Korean Central News Agency, The, Strategic, International Studies Locations: Amur, Korea, Russia, Ukraine, North Korean, Russian, Najin, North Korea, Dunay, DPRK, Democratic People's Republic of Korea, Pyongyang, U.S, South Korea, Moscow, Washington, United States

☆ Far-right supporters of an Israeli soccer team known as La Familia stormed a hospital searching for wounded Hamas fighters, say reports
▼ + stars: | 2023-10-14 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

A group of far-right soccer fans stormed a hospital in Israel hunting wounded Hamas fighters. La Familia are a notoriously racist set of supporters of the Israeli soccer team Beitar Jerusalem. Israeli officials said that Hamas fighters were barred from being treated in public hospitals. AdvertisementAdvertisementA group of far-right soccer fans stormed into a hospital in Israel after a report said that wounded Hamas fighters were being treated there, reports say. Israeli outlet Ynet had reported earlier that three wounded Hamas fighters were being treated in Israeli hospitals but were moved after fears of unrest.

Persons: —, Sheba, Shimoni, Hagai Levine, Moshe Arbel Organizations: Beitar Jerusalem, Hamas, Service, La, PBS, Familia, Beitar, Israeli Association of Public Health Physicians, Ynet, PBS . Police, Israel Defense Forces Locations: Israel, La Familia, Tel Aviv, Beitar Jerusalem's, Iraq, Morocco, Yemen, North Africa, Gaza

WASHINGTON (AP) — The White House said on Friday that North Korea has delivered more than 1,000 containers of military equipment and munitions to Russia for its ongoing war in Ukraine. The containers were shipped between Sept. 7 and Oct. 1 between Najin, North Korea, and Dunay, Russia, according to the White House. The U.S. has accused North Korea of previously providing ammunition, artillery shells and rockets to Russia. North Korea has previously denied providing weaponry to Moscow. After decades of hot-and-cold relations, Russia and North Korea have drawn closer since Moscow’s invasion of Ukraine in 2022.

Persons: Kim Jong Un, Vladimir Putin, John Kirby, Kim, Kirby, “, Putin, Kim Il Sung, Kim Jong, Antony Blinken, Dmytro Kuleba, Kuleba Organizations: WASHINGTON, North, National Security, Democratic People's, Korean Central News Agency, The, Strategic, International Studies, Hamas, Ukrainian Foreign, State Department Locations: Korea, Russia, Ukraine, North Korean, Russian, Najin, North Korea, Dunay, DPRK, Democratic People's Republic of Korea, Pyongyang, U.S, South Korea, Moscow, Washington, United States, Soviet, North, Soviet Union, Israel

HONG KONG (AP) — Asian markets slipped on Friday following a decline on Wall Street driven by mounting pressure from rising bond market yields. The Hang Seng in Hong Kong slipped 2.2% to 17,846.49 and the Shanghai Composite index fell 0.6% to 3,088.10. Japan’s Nikkei 225 index fell 0.6% to 32,315.99. On Thursday, the S&P 500 fell 0.6% to 4,349.61. The stock market has largely been taking its cues from the bond market recently.

Persons: Australia’s, Taiwan’s Taiex, Wells, Brent Organizations: National Bureau of Statistics, Japan’s Nikkei, Dow Jones, Nasdaq, Delta Air Lines, Ford Motor Co, United Auto Workers, Detroit, Treasury, Federal Reserve, Citigroup, JPMorgan Chase, UnitedHealth Group, New York Mercantile Exchange, U.S . Locations: HONG KONG, China, Hong Kong, Shanghai, South Korea, Bangkok, Louisville , Kentucky, Wells Fargo, Gaza

Police officers in upstate New York will not face criminal charges in connection with the death of a man who doused himself with hand sanitizer and then caught on fire when one of the officers shot a stun gun at him, the state attorney general's office said Friday. Attorney General Letitia James’ office released a report on Jones' death and the officers' actions, concluding that a prosecutor would not be able to prove beyond a reasonable doubt that the officers committed crimes. The officers determined Jones “could be” a danger to himself or others and decided to take him into custody, according to James’ office. One officer shot Jones with a stun gun, and his head and upper body burst into flames for about 25 seconds. There was no discussion,” he said, adding the stun gun use "was reactive and wholly unnecessary.”

Persons: general's, Jason Jones, Letitia James ’, Jones, Mr, ” James, ” Jones, James ’, Kevin Luibrand, Luibrand, ” Locations: New York, Catskill, Albany

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