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When Daniel Skousen scrubs at the ash and soot covering his Maui home, he worries about the smell. Crews have installed air quality monitors throughout town and are spraying a soil sealant to prevent toxic ash from being washed into the ocean or blowing around. The Hawaii Department of Health's Environmental Health Services Division also told Skousen's attorney it had no records about residential testing of contaminants to release. “If it smells like burned plastic or burned electrical cables, then probably those chemicals are in the air and not healthy,” Hertz-Picciotto said. Whether a home can be made safe enough for residency comes down in part to the resident's risk tolerance, Hayes said.

Persons: Daniel Skousen, ”, Bill Hayes, Hayes, Char, ” Hayes, Crews, Kellen Ashford, Shawn Hamamoto, ‘, ’ ”, Edward Neiger, ” Ashford, Andrew Shoemaker, it's, Shoemaker, Dioxins, Skousen, Irva Hertz, Davis, Picciotto, ” Hertz, He’s Organizations: Hawaii Department of Education, Environmental, Agency, Associated Press, Hawaii Department of Health, Hawaii Department of, Environmental Health, Health Department, U.S . Army Corps of Engineers, EPA, Lahaina Civic Center, World Health Organization, University of California, Hertz, Cooperative Institute for Research, Environmental Sciences, University of Colorado Locations: Lahaina, Boulder County , Colorado, Maui, ” State, Skousen, “, University of Colorado Boulder, Boulder

☆ China Grapples With Respiratory Illness Spike; WHO Says No Unusual Pathogen Found
▼ + stars: | 2023-11-24 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By Andrew Silver and Nicoco ChanSHANGHAI (Reuters) - China called for vigilance on Friday as a surge of respiratory illness hit schools and hospitals and the World Health Organization, which has asked the government for disease data, said no unusual or novel pathogens had been detected. "At this stage, there is nothing to suggest that it may be a new variant of COVID," he said. "I hope that people will not be biased because of the pandemic ... but look at this from a scientific perspective." "It's not that bad, there are more children falling sick now but it's mainly an issue of protection," she said. (Reporting by Andrew Silver and Nicoco Chan in Shanghai and the Beijing Newsroom; writing by Brenda Goh; editing by Robert Birsel)

Persons: Andrew Silver, Nicoco Chan, Bruce Thompson, Emily Wu, Feng Zixun, Brenda Goh, Robert Birsel Organizations: World Health Organization, State Council, State, WHO, Program, Melbourne School of Health Sciences, University of Melbourne, Beijing Locations: Nicoco Chan SHANGHAI, China, Beijing, Liaoning, Wuhan, Shanghai

SHANGHAI, Nov 24 (Reuters) - China called for vigilance on Friday as a surge of respiratory illness hit schools and hospitals and the World Health Organization, which has asked the government for disease data, said no unusual or novel pathogens had been detected. The State Council said influenza would peak this winter and spring and mycoplasma pneumoniae infection would continue to be high in some areas in future. "At this stage, there is nothing to suggest that it may be a new variant of COVID," he said. "I hope that people will not be biased because of the pandemic ... but look at this from a scientific perspective." "It's not that bad, there are more children falling sick now but it's mainly an issue of protection," she said.

Persons: Bruce Thompson, Emily Wu, Feng Zixun, Andrew Silver, Nicoco Chan, Brenda Goh, Robert Birsel Organizations: World Health Organization, State Council, State, WHO, Program, Melbourne School of Health Sciences, University of Melbourne, Beijing, Thomson Locations: SHANGHAI, China, Beijing, Liaoning, Wuhan, Shanghai

☆ Australia has too many sheep – and farmers are giving them away for free
▼ + stars: | 2023-11-23 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Australia's mutton glut sent prices tumbling, and some farmers are culling or giving away their sheep to save costs instead of rearing them on-farm. Mutton prices have slumped 70% over the past year to $1.23 per kg, data provided by Meat and Livestock Australia (MLA) showed. Driving the large sheep flock were three years of above-average rainfall in Australia's sheep regions, such as New South Wales and Victoria. "Farmers have [since] seen a massive fall in profitability … Many sheep may not have a market which could lead to farmers destroying animals," Steve McGuire, vice president of agricultural advocacy group WAFarmers, told CNBC. He added that farmers would much rather give the animals away than cull them, but there hasn't been many takers for the free sheep.

Persons: Tim Jackson, Andrew Spencer, Steve McGuire, hasn't Organizations: Meat, Livestock Australia, Sheep Producers Australia, CNBC, Farmers Locations: Australia, New South Wales, Victoria

OPEC and the IEA expect China's oil demand to show growth in 2023 of 7.6% and 12.1%, respectively. OPEC has dismissed fears of that demand growth for oil in China is fading, describing negative sentiment as "overblown" in a recent report. OPEC's forecasts show China accounting for 24.6% of global oil demand growth in the first half of 2024, according to Reuters calculations. Consultancies Wood Mackenzie, Rystad Energy and Energy Aspects respectively forecast China's first-half 2024 oil demand to grow by 3.7%, 4.0% and 4.4% versus the same period in 2023. Energy Aspects expects first-half diesel demand to be flat from a year earlier.

Persons: Aly, Consultancies Wood Mackenzie, Rystad, Lin Ye, Xia, Andrew Hayley, Simon Cameron, Moore Organizations: REUTERS, Rights, of Petroleum, International Energy Agency, OPEC, Rystad Energy, JET, Reuters Graphics Reuters, National Bureau of Statistics, Thomson Locations: Zhuhai, China, Rights BEIJING, OPEC, Russia, Beijing

☆ China says no unusual pathogens found after WHO queries respiratory outbreaks
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +5 min

The WHO had asked China for more information on Wednesday after groups including the Program for Monitoring Emerging Diseases (ProMED) reported clusters of undiagnosed pneumonia in children in north China. No unusual pathogens have been detected in the capital of Beijing and the northeastern province of Liaoning. The U.N. health agency had also asked China for further information about trends in the circulation of known pathogens and the burden on healthcare systems. WHO China said it was "routine" to request information on increases in respiratory illnesses and reported clusters of pneumonia in children from member states, such as China. The WHO said that while it was seeking additional information, it recommended that people in China follow measures to reduce the risk of respiratory illness.

Persons: Dado Ruvic, pneumoniae, Ben Cowling, Deena Beasley, Andrew Silver, Jennifer Rigby, Emma Farge, Urvi, Robert Birsel, Miyoung Kim, Josie Kao Organizations: REUTERS, World Health Organization, WHO, International, National Health Commission, FTV News, Hong Kong University, Health Commission, Xinhua, Influenza, Thomson Locations: China, Beijing, Liaoning, Wuhan, WHO China, Taiwan, Los Angeles, Shanghai, London, Geneva, Bengaluru

Political Cartoons View All 1262 ImagesIf the information given to St. Croix residents turns out to be bad, it won't be the first time that's happened. On the Caribbean island of St. Croix, officials avoided some of those pitfalls and quickly told residents of the results. For lead testing, workers usually take water from a household faucet. It is some of these tests that first recorded astronomically high lead levels. Instead, it's brass fittings that contain lead and can corrode into the water, Smith said.

Persons: Joe Biden, ”, Frandelle Gerard, Marc Edwards, Andrew Smith, Edwards, Croix, Tom Neltner, ” Smith, Retesting, Smith, Christine Ash, Gerard, what’s, “, ” Gerard Organizations: U.S . Virgin, Environmental Protection Agency, Crucian, Nature Tourism, Inc, The Associated Press, Virginia Tech, Power Authority, Environmental Defense Fund, EPA, St, Associated Press, Walton Family Foundation, AP Locations: U.S, St, Croix, Flint , Michigan, Flint, Newark, Benton Harbor , Michigan, St . Croix, faucets

☆ The market will breach summer highs before year-end, says Morgan Stanley's Andrew Slimmon
▼ + stars: | 2023-11-22 | 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 EmailThe market will breach summer highs before year-end, says Morgan Stanley's Andrew SlimmonAndrew Slimmon, Morgan Stanley Investment Management senior portfolio manager, joins 'Squawk Box' to discuss the latest market trends, earnings season, market outlook, and more.

Persons: Morgan Stanley's Andrew Slimmon Andrew Slimmon, Morgan Organizations: Morgan Stanley Investment Management

☆ A Left Turn for Democrats in New Hampshire?
▼ + stars: | 2023-11-22 | by ( Louis Jacobson | ) www.usnews.com time to read: +8 min

Since their narrow victories in 2016, Democrats have won every federal race in New Hampshire – and have done so by widening margins. But Sununu, the scion of a New Hampshire Republican dynasty, decided not to run for a new term in 2024. Depending on vacancies and special elections, the Democrats might be able to flip control of the chamber even before the 2024 election. Under Biden, Democrats changed the order of their primaries to place New Hampshire tied for second, rather than first. Regardless, the unusual nature of the 2024 primary could have negative consequences for Democrats, Galdieri said.

Persons: Hillary Clinton, Donald Trump, Maggie Hassan, Republican Sen, Kelly Ayotte, Trump, Republican Party –, Joe Biden, Louis Jacobson, It’s, Kenneth M, Johnson, Dante Scala, Andrew Smith, Smith, ”, Chris Galdieri, Karoline Leavitt, Bob Burns, Don Bolduc, ” Galdieri, Biden, Biden’s, Robert F, Kennedy Jr, Cornel West, Ron DeSantis, Nikki Haley, Chris Sununu, Republicans ’, Sununu, “ Donald Trump, ” Sununu, “, He’s, there’s, Dean Phillips, Phillips, Galdieri, Barack Obama Organizations: MANCHESTER, Republicans, Republican, Republican Party, GOP, New Hampshire –, Democrats, Democratic, U.S . News, New, University of New, Anselm College in, Biden, Trump, CNN, Emerson College, South Carolina Gov, New Hampshire Republican, New Hampshire, New Hampshire Democratic Locations: N.H, New Hampshire, Massachusetts, University of New Hampshire, Anselm College in Manchester, New England, Hampshire, Israel, Gaza, New, Minnesota

☆ 'The gorilla is gone for the moment': OpenAI's rivals see ways to profit from a Silicon Valley drama
▼ + stars: | 2023-11-21 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

An in-demand talent pool"Many previously poorly understood secrets will be more widely disseminated across the ecosystem," one European AI founder who spoke on the condition of anonymity said. But European competitors can still benefit from OpenAI's implosion. The startup had been on an uninterrupted run for the past year, said EarlyBird VC partner and Aleph Alpha investor Andre Retterath. The turmoil at OpenAI has also galvanized both AI founders and investors in Europe. The company's top expenditure, besides employee salaries, is manually cleaning and sourcing the data they use to train their models, a European VC said.

Persons: Sam Altman, unseats, Nathan Benaich, Altman, Marc Benioff, Salesforce, Silvio Savarese, Einstein, 1RXoc9ekeo, Benaich, Alpha, EarlyBird, Andre Retterath, Retterath, Mariam Pettit, they've, OpenAI, Andrew Scott, 7percent, David Grimm, Grimm, Rebecca Gorman Organizations: Air Street Capital, Business, Aleph Alpha, Microsoft, Google, Alpha, Global Founders Capital, Albion Locations: Europe, OpenAI

☆ It’s Time to End Magical Thinking About Russia’s Defeat
▼ + stars: | 2023-11-16 | by ( Eugene Rumer | Andrew S. Weiss | ) www.wsj.com time to read: +1 min

Russian President Vladimir Putin at a National Unity Day ceremony in Moscow, Nov. 4. Almost two years after Russia’s invasion of Ukraine, Putin has reason to believe time is on his side. As Russian President Vladimir Putin looks toward the second anniversary of his all-out assault on Ukraine, his self-confidence is hard to miss. Putin has reason to believe that time is on his side. Popular support for the war remains solid, and elite backing for Putin has not fractured.

Persons: Vladimir Putin, Putin, Donald Trump, Putin’s, Yevgeny Prigozhin ’ Organizations: Ukraine, Republican Locations: Moscow, Ukraine, U.S, Russia, tatters

☆ Jeremy Allen White, Boygenius among 2023 GQ Men of the Year honourees
▼ + stars: | 2023-11-16 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

[1/2] Jeremy Allen White attends the 29th Screen Actors Guild Awards at the Fairmont Century Plaza Hotel in Los Angeles, California, U.S., February 26, 2023. REUTERS/Aude Guerrucci/File Photo Acquire Licensing RightsLONDON, Nov 15 (Reuters) - Movie, music, fashion and sports stars came together at London's Royal Opera House on Wednesday to raise a toast for the 2023 GQ Men of the Year honourees. Guests at the glitzy gala dinner, organised by the men's fashion and style magazine, celebrated the achievements of this year’s cover stars, actors Jeremy Allen White, Andrew Scott, Ncuti Gatwa and musical trio Boygenius. "The Bear" star White, fresh off from premiering his new A24 wrestling biopic "The Iron Claw" in Dallas, Texas, said being honored was taking some getting used to. White and his "The Bear" co-star Ebon Moss-Bachrach said Season 3 of the series would start filming next year but remained tight-lipped on details.

Persons: Jeremy Allen White, Andrew Scott, Ncuti Gatwa, Phoebe Bridgers, Lucy Dacus, Julien Baker, jetted, I'd, ”, Ebon Moss, Bachrach, Moss, Scott, Vanya, I'm, Molly Manning Walker, Jack Antonoff, Mary Earps, Hanna Rantala, Diane Craft Organizations: REUTERS, London's Royal Opera House, Thomson Locations: Los Angeles , California, U.S, ., London, Dallas , Texas, London's, England

China detained the executive, named in several media reports as Hiroshi Nishiyama, on suspicion of espionage in March, and he was formally arrested last month. Japan's then foreign minister protested the executive's detention with his Chinese counterpart on a visit to Beijing in April. China's foreign ministry did not immediately respond to a request for comment. Half the respondents in a recent survey of Japanese companies doing business in China said they would cut investments this year. It's a very difficult point in time to be navigating that as a decision maker, in business or politics," he said.

Persons: Fumio Kishida, Xi Jinping, Rahm Emanuel, Hiroshi Nishiyama, Japan's, Xi, Masashi Mizobuchi, Nishiyama, Takeshi Niinami, Niinami, Stefan Angrick, Yukiko Toyoda, Kiyoshi Takenaka, John Geddie, Sakura Murakami, Francis Tang, Laurie Chen, Antoni Slodkowski, Andrew Silver, Lincoln Organizations: Economic Cooperation, Kyodo, drugmaker Astellas Pharma, APEC, Reuters, Japanese Chamber of Commerce, Japan Association of Corporate, Suntory, Moody's Analytics, Thomson Locations: Asia, Bangkok, Thailand, TOKYO, BEIJING, China, San Francisco, Tokyo, U.S, Japan, Beijing, officialdom, Shanghai

☆ Here's why the market rallied Tuesday
▼ + stars: | 2023-11-14 | 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 EmailHere's why the market rallied TuesdayAndrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins 'The Exchange' to discuss the latest CPI report, its impact on the market, and more.

Persons: Andrew Slimmon Organizations: Morgan Stanley Investment Management

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more
▼ + stars: | 2023-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.

Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S

☆ Pentagon identifies Army soldiers killed in helicopter crash in eastern Mediterranean Sea
▼ + stars: | 2023-11-13 | by ( Haley Britzky | ) edition.cnn.com time to read: +5 min

“Chief Warrant Officer 3 Stephen Dwyer, Chief Warrant Officer 2 Shane Barnes, Staff Sgt. Cade Wolfe were truly SOF professionals and are among the nation’s finest soldiers,” Col. Roger P. Waleski Jr., commander of the 160th SOAR (Abn. In 2020, he “fully dedicated himself to the organization” by resigning his commission and becoming a warrant officer, the Army release says. His awards and decorations include the Air Medal with Combat device, Army Commendation Medal and Army Achievement Medal with combat device. He volunteered for an assignment with the 160th SOAR and completed the regiment’s “extensive training and assessment program” this year.

Persons: Stephen R, Dwyer, Shane M, Barnes, Tanner W, Andrew P, Cade M, Wolfe, Stephen Dwyer, Shane Barnes, Tanner Grone, Andrew Southard, Cade Wolfe, ” Col, Roger P, Waleski Jr, “, ”, Jonathan Braga, ” Braga, Barnes ’, Grone, Southard, Lloyd Austin, ” Austin Organizations: CNN, Pentagon, 160th Special Operations Aviation Regiment, Apache, Abn, US Army Special Operations Command, Operations, US European Command, Army Special Operations Command, United States Military Academy, Army, Star, UH, Gonzaga University, Staff, 160th, Hawk, Combat Aviation Brigade, Overseas Service Ribbon, 25th Combat Aviation Brigade, 1st Battalion, Overseas Service, Defense, America Locations: Clarksville , Tennessee, Sacramento , California, Gorham , New Hampshire, Arizona, Mankato , Minnesota, Israel, Iraq, Afghanistan, Korea, Hawaii, 160th SOAR

☆ The top Christmas markets for 2024
▼ + stars: | 2023-11-12 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +22 min

Basel Christmas Market, SwitzerlandBasel Christmas Market is made up of decorated stalls selling Christmas spices, decorations and candles. Strasbourg Christmas Market, FranceOne of Europe’s oldest Christmas markets, Strasbourg began back in 1570, but it’s evolved considerably since then. Old Town Square and Wenceslas Square Christmas markets, Prague, Czech RepublicTo say the city of Prague goes all out at Christmas is something of an understatement. Skansen’s Christmas Market, StockholmStockholm isn’t exactly lacking when it comes to Christmas markets, but none are more traditional than Skansen. St. Stephen’s Basilica and Vörösmarty Square markets, Budapest, HungaryBudapest has two main festive markets: St. Stephen’s Basilica Christmas market, or Advent Bazilika, and Vörösmarty Square Christmas market.

Persons: Wiener, Wiener Christkindlmarkt, it’s, Kleber, Laia Ros, Wenceslas, Santa Llucia, Mercati Natale, Piazza Santa, there’s, you’ll, Walt Disney, Lucia’s, Tuomaan, Emperor Alexander II, Santa Claus, Bazilika, Germany Gendarmenmarkt, Massimo Borchi, Dom, Deutscher Dom, Bavaria’s, Gendarmenmarkt, Jeff J Mitchell, Scott, Dominika, Glowny, Adam Mickiewicz, Steve Russell, Colin Miller, Manhattan’s, Josephine Shaw Lowell Fountain Organizations: CNN, City Hall, Basel, Switzerland Basel Christmas, Getty, Belgium’s, Bourse, Monnaie, Sainte, Marche aux Poissons, Fira, Barcelona Cathedral, Santa, Cisco Pelay, Piazza Santa Croce, Santa Croce, Tivoli Gardens, Estonia Estonia's, Markkinat, Vörösmarty, Nuremberg, Hyde, London Hyde, Food, Edinburgh, Scotland Scottish, Street Gardens, Scottish, Street, Edinburgh Castle, Andrew, George, East, Poland Krakow Christmas, Bratislava, Slovakian, Distillery, Toronto Star, Toronto, Distillery District, , New York Skaters, Bank of America, The Bank of America, Christkindlmarket Chicago, Daley, RiverEdge, Christkindlmarket Locations: Vienna, Germany, Switzerland, Singapore, New York, Austria, Barfüsserplatz, St, Basel, Strasbourg, France, Belgium, Brussels, Sainte Catherine, Marche, Belgian, Place, Prague, Czech Republic, Czech, Old, Santa Llucia, Barcelona, Santa, Florence, Italy, Heidelberg, Piazza del, Zagreb, Croatia, Advent, Tivoli , Copenhagen, Denmark, Danish, Tivoli, Tallinn, Estonia, Estonia Estonia's Tallinn, Estonian, Stockholm Stockholm, Djurgarden, Skansen’s, Tuomaan Markkinat, Helsinki, Ryhor, Helsinki’s, Stephen’s, Budapest, Hungary Budapest, Gendarmenmarkt, Capital, Berlin, Nuremberg, London, United Kingdom, Christmas, Edinburgh, Krakow, Poland Krakow, Polish, Europe, Mary’s, Slovakia, Bratislava, Bay, Toronto, Distillery, Bryant, , New, Manhattan’s Bryant, Chicago, Windy City, Aurora

The capacity payments will be calculated based on fixed costs of 330 yuan ($45.25) per kilowatt per year for coal plants. Analysts said the move was important to ensure the financial viability of seldom-utilised, backup coal power, which is used for demand peaks or when renewable power generation is insufficient. However, observers also cautioned that the policy could risk entrenching inefficient coal power in China's energy system, despite its rapid expansion of renewable power generation capacity. "Capacity-based electricity pricing for coal power will further incentivise state-owned enterprises in China to build new coal power projects in the short term. Capacity payments should be for all power producers, not only for coal power," said Zhang Kai, deputy program director for Greenpeace East Asia in Beijing.

Persons: David Fishman, Xuewan Chen, Group's Fishman, Zhang Kai, Colleen Howe, Andrew Hayley, Edmund Klamann, Muralikumar Anantharaman, Kim Coghill Organizations: National Development, Reform Commission, Reuters, Analysts, Lantau, LSEG, Jinneng Holding, Power Co, Centre for Research, Energy, Clean, Greenpeace East, Thomson Locations: BEIJING, China, Shanghai, Beijing, Shanxi, Jiangxi Ganneng, Hunan, Greenpeace East Asia

China inflation data released on Thursday showed that October CPI fell 0.2% year on year, while PPI data fell 2.6% year on year. Earlier this week, customs data showed that China's total exports of goods and services contracted faster than expected, although the country's crude imports in October were robust. On the plus side for oil demand, China's central bank governor, Pan Gongsheng, said the country is expected to achieve its annual growth target of 5% for this year. U.S. crude oil inventories increased by 11.9 million barrels over the week to Nov. 3, sources said, citing American Petroleum Institute figures. The U.S. Energy Information Administration (EIA), however, has delayed release of weekly oil inventory data until Nov. 15 for a system upgrade.

Persons: Dun Jiao, Tatiana Meel, Brent, Pan Gongsheng, Andrew Hayley, Tom Hogue Organizations: REUTERS, Rights, PPI, Reuters, American Petroleum Institute, U.S . Energy Information Administration, Barclays, Thomson Locations: Nakhodka, Russia, Rights BEIJING, China, United States, Venezuela, American

☆ China health sector sees better sentiment from anti-graft drive - execs
▼ + stars: | 2023-11-09 | by ( Andrew Silver | ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 9 (Reuters) - Business activities in China's healthcare sector are returning from a sudden near freeze that began in July when Beijing kicked off a year-long anti-corruption campaign, two foreign industry executives said. The campaign targets the bribing of doctors in drug and medical equipment sales and marks a sharp escalation of an anti-corruption drive in the sector that started years ago. The latest campaign has sent a chill through the sector, pummeling healthcare stocks and prompting some firms to cancel IPOs. The anti-graft drive initially caused huge business disruptions and many multinational pharmaceutical firms lost engagement with hospitals, executives said. China is one of the biggest healthcare markets for global healthcare companies but their business sentiment has turned fragile this year due to factors including the anti-graft drive.

Persons: We’ve, Larry Merizalde, Merizalde, Andrew Silver, Miyoung Kim, Robert Birsel Organizations: Beijing, Reuters, South, AstraZeneca, National Health Commission, Thomson Locations: SHANGHAI, China, Shanghai

☆ Global asset managers talk up China as long-term bet
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsHONG KONG, Nov 8 (Reuters) - Top executives at global asset managers on Wednesday talked up China at an event in Hong Kong on Wednesday, championing long-term investment opportunities in an economy battling to break free of pandemic disruption. "Long term, (China) has to be part of a global investment portfolio." Citadel Securities CEO Peng Zhao called China a driver of growth and innovation and said it was "baffling" to think otherwise. He also said Citadel doubled its Hong Kong headcount in the face of pandemic-induced challenges, leveraging the talent the city hosts and its connectivity to other markets. Quinn told the Hong Kong event on Tuesday that wealth flow from mainland China to Hong Kong has grown 3 to 4 times this year.

Persons: Dado Ruvic, Mark Wiedman, Wiedman, Mike Gitlin, Lei Zhang, Anne Richards, Invesco, Andrew Schlossberg, Peng Zhao, Zhang Yichen, Noel Quinn, Quinn, Kane Wu, Xie Yu, Sumeet Chatterjee, Christopher Cushing Organizations: REUTERS, West, Global Financial, Investment Summit, European Chamber of Commerce, Capital, Fidelity International, Citadel Securities, Citadel, Trustar, HSBC Group, Thomson Locations: HONG KONG, China, Hong Kong, West, Singapore

☆ Global asset managers bullish on China after policy shift
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsHONG KONG, Nov 8 (Reuters) - Economic policy shift in China and the investment opportunities it is creating are drivers for long-term bets in the country by global asset managers, top executives said on Wednesday. "China is the world's second-largest capital market" after the U.S., the head of BlackRock's (BLK.N) global client business, Mark Wiedman, said at the Global Financial Leaders Investment Summit in Hong Kong. "Long term, (China) has to be part of a global investment portfolio." At the Hong Kong event, hosted by the Hong Kong Monetary Authority, Fidelity International CEO Anne Richards said China was a key part of the global economy and that fact will not change soon. Quinn told the Hong Kong event on Tuesday that wealth flow from mainland China to Hong Kong has grown by 3 to 4 times this year.

Persons: Dado Ruvic, Mark Wiedman, Wiedman, Mike Gitlin, Gitlin, Pan Gongsheng, Anne Richards, Andrew Schlossberg, Noel Quinn, Quinn, Zhang Qingsong, Kane Wu, Xie Yu, Sumeet Chatterjee, Christopher Cushing Organizations: REUTERS, Global Financial, Investment, Capital, People's Bank of China, Securities Times, Hong Kong Monetary Authority, Fidelity International, HSBC Group, Thomson Locations: HONG KONG, China, U.S, Hong Kong, Singapore

☆ Petty insults, sexual misconduct with minors, and flat-out corruption: House censure has gone from frivolous, to serious, to frivolous again
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

It was also the most bipartisan censure vote in nearly 13 years, garnering the support of 22 Democrats and the vast majority of the House Republican conference. Our present-day censure warsUnder their new majority, Republicans changed House rules to allow individual members to force votes on resolutions. Nearly two dozen of Greene's GOP colleagues voted that down, leading Republican Rep. Rich McCormick of Georgia to introduce a narrower resolution that ultimately passed. AdvertisementAdvertisementThe House may still vote this week on a resolution from Democratic Rep. Sara Jacobs to censure Republican Rep. Brian Mast of Florida for comparing Palestinian civilians to Nazis. "These censure resolutions are not appropriate an instances where people say things that we don't agree with," a frustrated Democratic Rep. Steny Hoyer of Maryland told reporters on Tuesday.

Persons: Rashida, it's, —, Tlaib, they've, William Stanberry of, Andrew Stevenson's, Joshua Giddings, Laurence Keitt, Sen, Charles Sumner, Dan Crane of, Gerry Studds, Massachusetts —, Charles B, Rangel, Paul Gosar, Alexandria Ocasio, Cortez, Gosar, That's, George Santos, Anna Paulina Luna of Florida, Adam Schiff of, Schiff, pic.twitter.com, Marjorie Taylor Greene, Greene, Rich McCormick of, Sara Jacobs, Brian Mast, Steny Hoyer, Hoyer, Israel Organizations: Service, House Republican, GOP, Palestinian, — Republican, Dan Crane of Illinois, Democratic, Republican, Democratic Rep, Gosar, Republicans, Republican Rep, Trump, Democrats, Santos, Michigan Democrat, Capitol, Maryland Locations: Michigan, Israel, Palestinian American, William Stanberry of Ohio, Joshua Giddings of Ohio, Sumner, Massachusetts, Rangel of New York, Arizona, Alexandria, Cortez of New York, George Santos of New York, Adam Schiff of California, Russia, California, Marjorie Taylor Greene of Georgia, Rich McCormick of Georgia, Florida

☆ Ohio to Decide on Abortion Rights in Highest-Profile Ballot Vote
▼ + stars: | 2023-11-07 | by ( Kris Maher | Jon Kamp | ) www.wsj.com time to read: 1 min

Columbus, Ohio, residents lined up at an early-voting location on Friday. Photo: Andrew Spear/Getty ImagesOhio voters on Tuesday will decide whether to enshrine abortion rights in the Midwestern state’s constitution, marking the highest-profile ballot question on a range of issues around the U.S. The Ohio vote is the latest test of where voters stand on one of the most consequential issues heading into next year’s presidential election. Since the U.S. Supreme Court overturned Roe v. Wade more than a year ago, voters have defeated ballot measures that would have restricted abortion rights in other red states such as Kansas and Kentucky.

Persons: Andrew Spear, Roe, Wade Organizations: Images Ohio, U.S, Supreme Locations: Columbus , Ohio, Ohio, Kansas, Kentucky

☆ Ohio Voters Enshrine Abortion Access in State Constitution
▼ + stars: | 2023-11-07 | by ( Kris Maher | Jon Kamp | ) www.wsj.com time to read: 1 min

Supporters of the abortion rights referendum cheer the results Tuesday in Columbus Ohio. Photo: Andrew Spear/Getty ImagesOhio voters decided Tuesday to put abortion rights in the Midwestern state’s constitution, one of several states where the issue resonated with voters and showed its potential to help Democrats next year. The Ohio vote was another key test of where voters stand on one of the most consequential issues heading into next year’s presidential election. Democrat Andy Beshear Tuesday won another term as governor in Kentucky, where he criticized abortion restrictions passed by the legislature.

Persons: Andrew Spear, Andy Beshear Organizations: Images Ohio Locations: Columbus Ohio, Ohio, Kentucky

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