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☆ Teacher killed in knife attack in school in northern France
▼ + stars: | 2023-10-13 | by ( Pascal Rossignol | ) www.reuters.com time to read: +2 min

[1/5] French police and fire fighters secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsARRAS, Oct 13 (Reuters) - A teacher was killed in a knife attack in a school in the northern France city of Arras on Friday and the investigation was handed to the anti-terrorism prosecutor's office. The regional Pas-de-Calais authority said the suspected assailant, who also wounded a second teacher and a school security guard in the attack, was arrested. The suspect was a Russian-born Chechen and former student of the Lycee Gambetta high school where the attack happened, a police source said. BFM TV also said the person killed was a French language teacher, while a sports teacher was stabbed and injured.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Allahu Akbar, Martin Doussaut, Emmanuel Macron, Macron, Samuel Paty, Mohammad, Layli Foroudi, Michel Rose, Charlotte Van Campenhout, Tassilo Hummel, Benoit van Overstraeten, Ingrid Melander, Richard Lough, Deborah Kyvrikosaios Organizations: Lycee, REUTERS, Police, Reuters, du, Thomson Locations: Arras, France, ARRAS, Calais, Russian, French, Israel, Gaza, Paris, Chechen

☆ Attacks in France in recent years
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +4 min

Here are some other attacks that have taken place in France in recent years:- June 9, 2023 - A Syrian national wounded four children and two pensioners in a knife attack in the Alpine town of Annecy. - Oct. 29, 2020 - An attacker with a knife killed three people and wounded several others at a church in the southern city of Nice. - March 23, 2018 - A gunman killed three people in southwestern France after holding up a car, firing on police and taking hostages in a supermarket. - July 26, 2016 - Two attackers killed a priest and seriously wounded another hostage in a church in northern France before being shot dead by police. - Nov. 13, 2015 - Paris was rocked by multiple gun and bomb attacks on entertainment sites around the city, in which 130 people were killed and 368 wounded.

Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Emmanuel Macron, Samuel Paty, Prophet Mohammad, Charlie Hebdo, Mickael Harpon, Francois Hollande, Frenchman, Charlie Hebdo’s, Michel Rose, Frances Kerry Organizations: Lycee, REUTERS, Rights, Syrian, Police, Paris police, Security, Islamic, Islamic State, Belgian, Thomson Locations: Arras, France, Alpine, Annecy, Reims, Nord, Paris, Kurdish, Nice, Pakistan, Islamic State, Tunisian, State

☆ France expect another brutal clash against South Africa
▼ + stars: | 2023-10-11 | by ( Julien Pretot | ) www.reuters.com time to read: +2 min

PARIS, Oct 11 (Reuters) - South Africa have based their domination on a powerful and skilful pack and France expect to face just that when they meet the holders in the World Cup quarter-finals on Sunday. The Stade de France clash comes 11 months after France earned a 30-26 win in Paris in a brutal affair that saw Pieter Du Toit and Antoine Dupont red carded. About two thirds of that victorious France team should start on Sunday so they know what to expect. They (South Africa) are physical and they're well known for that. Lock Thibaut Flament was replaced early on last November but he had a taste of the South Africa pack.

Persons: Pieter Du Toit, Antoine Dupont, Reda Wardi, Lock Thibaut, We're, Laurent Labit, they've, Emile Ntamack, Julien Pretot, Ken Ferris Organizations: Stade de France, France, Springboks, Ireland, RMC Sport, Thomson Locations: South Africa, France, Paris

☆ In China, social media is bursting with support for Palestine — and blame for Washington
▼ + stars: | 2023-10-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

As war rages in Israel and Gaza, Chinese social media users have come out in support of Palestine. Some commenters compared Israel to Japan, which is heavily disliked in China due for its brutal regime in World War II. On the biggest posts, support for Palestine is clear. "Normal people will support Palestine. AdvertisementAdvertisementMeanwhile, China's Foreign Ministry has urged Israel and Palestine to work toward a two-state solution, which would see an independent state of Palestine formed to co-exist with Israel.

Persons: Israel, —, brazenly, Du Zhaoyu, Wenxiao Vincent, Hu Xijin, Nikki Haley —, Benjamin Netanyahu, Haley, Hu Organizations: Service, Twitter, Hamas, Palestine, Xinhua, Embassy, Israeli, Global Times, Chinese Communist Party Locations: Israel, Gaza, Palestine, Weibo, Guangzhou, Beijing, China, Japan, Nazi, Israeli, Lebanon, United States, America, Britain, Shanghai, Tel Aviv, Washington

☆ Paris Fashion Week: Highlights from the Spring-Summer 2024 runways
▼ + stars: | 2023-10-06 | by ( Samantha Tse | ) edition.cnn.com time to read: +15 min

Meanwhile over at Miu Miu, it was a heartfelt adieu to Fabio Zambernardi after more than four decades with the Prada Group; as in Milan, Miuccia Prada came out and took a bow with him one last time. Pamela Anderson attended fashion week shows sans makeup, as shown here at Vivienne Westwood. At Miu Miu, Sydney Sweeney, Emma Chamberlain, Zaya Wade and Mia Goth made for an eclectic, très-trendy front row; Cate Blanchett appeared at Louis Vuitton alongside Zendaya, who wore a dramatic white double-zipper dress that has gone viral. Issey Miyake continues to explore movement in its runway shows, this season with musicians imitating chirping and other sounds found in nature. Peter White/Getty ImagesOne of the most joyful moments on the Miu Miu runway was the accessory styling.

Persons: Milan —, Peter Do, Helmut Lang, Francesco Risso, Marni, Stefano Gallici, Ann Demeulemeester, “, Sarah Burton’s, Alexander McQueen, Burton, Lee McQueen’s, Magdalena Abakanowicz’s, McQueen, Sarah Burton, Ik Aldama, Alexander McQueen Naomi Campbell, Aldama, Anna Wintour, Tim Blanks, Gabriela Hearst, Chloe, Miu Miu, Fabio Zambernardi, Miuccia Prada, Paris Hilton, Angela Bassett, Fan Bingbing, Jared Leto, Sigourney Weaver, Cher, Usher, Chanel, Riley Keough, Jennie Kim, Blackpink, Pamela Anderson, Vivienne Westwood, JM Haedrich, Pamela Anderson forewent, Issa Rae, Francesco Risso’s, Mugler, Sydney Sweeney, Emma Chamberlain, Zaya Wade, Mia Goth, Cate Blanchett, Louis Vuitton, Zendaya, Jun Takahashi, Victor Virgile, Junya Watanabe, Casey Cadwallader, chiffon, corseted, Rick Owens, Zimmermann, charmeuse, Van Noten, Karl Lagerfeld’s, Victoria Beckham, Kim Kardashian, Kris Jenner, Issey Miyake, chirping, Valentino, FKA, Demna, Cathy Horyn, Guram Gvasalia, Amanda Lepore, Emmanuel Grégoire, Victor Lochon, Glenn Martens, Tweed, Virginie Viard, Bertrand Guay, Gabriela Hearst's, Ik, Hearst, Aitor Rosas Sune, WWD, Isidore Montag, Victoria Beckham Kendall Jenner, David, Romeo, Harper, Peter White, Bingbing, Daniele Oberrauch, Jonas Gustavsson, Karl Lagerfeld's, Miyake, Isabel Marant's, Filippo Fior, Isabel Marant, Jun, Valerio Mezzanotti, Ann Valerio Mezzanotti Junya Watanabe, Miu, Jane Birkin, Julien De Rosa, Gigi Hadid, Caliee Spaeny, Priscilla Organizations: France CNN, Milan, Paris, Prada Group, SAG, Givenchy, Champs Elysee, Louis, LVMH, Getty, Washington Post, Rugby Locations: Paris, France, New York, London, “ Paris, Polish, Brazil, Milan, Hollywood, Balenciaga, AFP, Brooklyn, Van

☆ Buenos Aires Cirque du Soleil show honors 'superhero' Messi
▼ + stars: | 2023-10-06 | by ( Lucila Sigal | ) www.reuters.com time to read: +1 min

[1/5] An acrobat trains during a rehearsal before the premiere of the Cirque du Soleil's show inspired by Argentine soccer star Lionel Messi "Messi10", in Buenos Aires, Argentina September 29, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 6 (Reuters) - Mimicking soccer moves and with a musical backdrop overlaid with enthusiastic TV commentary, Cirque du Soleil launched a show in Buenos Aires this week that celebrates beloved Argentine football star Lionel Messi. The Argentine team shirt with the Messi 10 on the back is like Superman's cape," said producer Diego Saenz at a rehearsal of the show, which features artists and acrobats from 15 countries. The show is set to tour across Latin America next year, likely ending in Miami. Reporting by Lucila Sigal, Writing by Rosalba O'Brien, Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Mariana Nedelcu, Diego Saenz, Lucila Sigal, Rosalba O'Brien, Sandra Maler Organizations: REUTERS, du Soleil, Argentine, Messi, Thomson Locations: Argentine, Buenos Aires, Argentina, BUENOS AIRES, Qatar, Canadian, America, Miami

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. A near-miss on a debt ceiling showdown in the Spring led to the loss of another Triple-A sovereign credit rating. A fiscal adjustment akin to the one enacted in 1993 would be enough to do that again over 5 years. "However, this looks unlikely anytime soon given congressional gridlock, a lack of political attention to deficit reduction and the upcoming 2024 election," it concluded. On current poll readings at least, next year's election will do nothing to end the fiscal war.

Persons: Brendan McDermid, it's, Donald Trump, Democrat Joe Biden, Erik Nielsen, what's, Stephen Jen, Jen, Trump, Biden, Goldman Sachs, Goldman, William Maclean Organizations: New York Stock Exchange, REUTERS, U.S, Presidential, AAA, Democrat, Biden, Trump, Congress, Ukraine, Treasury, Republican, Reuters, GRIDLOCK, Thomson Locations: New York City, U.S, loggerheads, Russia, Ukraine, United States

☆ Pope set for another row with conservatives at bishops' summit
▼ + stars: | 2023-10-03 | by ( Alvise Armellini | ) www.reuters.com time to read: +3 min

Pope Francis looks on as he meets with French President Emmanuel Macron (not pictured) at the Palais du Pharo, on the occasion of the Mediterranean Meetings (MED 2023), in Marseille, France September 23, 2023. Andreas Solaro/Pool via REUTERS/File Photo Acquire Licensing RightsVATICAN CITY, Oct 4 (Reuters) - Pope Francis on Wednesday opens a global summit of bishops on potentially momentous issues for the Roman Catholic Church, including the role of women and its attitude towards LGBT people. To the chagrin of conservatives, it does not explicitly mention abortion, euthanasia, and the defence of the traditional family. A papal document will follow, most likely in 2025, meaning changes in Church teaching, if any, would be a long way off. In one, the pope hinted at the possibility of allowing priests to bless same-sex couples on a case-by-case basis.

Persons: Pope Francis, Emmanuel Macron, Andreas Solaro, Francis, Father Gerald Murray, Cardinal Raymond Burke, Burke, Murray, Jesus, Alvise Armellini, Matthew Lewis Organizations: CITY, Roman Catholic Church, Catholic, EWTN, Churches, Church, Thomson Locations: Marseille, France, Rome, St Peter's, Asia, Europe, Africa, United States, America, Vatican

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets. Others like Franklin Templeton, UBS Asset Management and ABN Amro (ABNd.AS) have launched tokenized versions of assets such as money market funds and green bonds. Indeed, the actual issuance and value of tokenized traditional assets remains small. Some market players now see significant advances.

Persons: Benoit Tessier, Franklin Templeton, Colin Butler, tokenization, hasn't, Morgan Krupetsky, Doug Schwenk, Lisa Mattackal, Medha Singh, Tom Wilson, Pravin Organizations: La Maison du, REUTERS, London Stock Exchange, Mirae, Securities, UBS Asset Management, ABN Amro, Polygon Labs, Reuters Graphics, Northern Trust, HSBC, Ava Labs, Digital Asset Research, Thomson, Reuters Locations: La, Paris, France, U.S, blockchain, Bengaluru

☆ One family’s battle to be reunited with art looted by the Nazis
▼ + stars: | 2023-10-02 | by ( Aurore Laborie | ) edition.cnn.com time to read: +14 min

The lawyer — Laurence Eisenstein, whose firm works to recover artwork looted by the Nazis — said he’d been speaking to a British scholar who’d come across the name René Gimpel in art collectors’ archives. Thousands of objects lost or lootedAs well as being a famous gallerist of his time, René Gimpel was a very well-connected man. Captured sometime between 1916 and 1933, it showed the three Derain paintings in question hanging on the art dealer’s wall. In 2020, seven years after they began their fight, the Gimpel heirs were finally reunited with the three Derain paintings. Dumas said this is often not the case for Jewish families trying to recover their ancestors’ stolen art.

Persons: Claire Gimpel’s, — Laurence Eisenstein, —, he’d, who’d, René, Eisenstein, Claire, Ian Locke, ” Claire, he’s, André Derain, Claude Monet, René Gimpel, Clarisse Vuitton, Louis Vuitton’s, Monet, Georges Braque, Henri Matisse, Pablo Picasso, Marcel Proust, Johannes Vermeer, ”, Monte, Odile Firer, — René, — Locke, Hôtel Doucet, ’, “ I’m, Palais Bourbon —, Locke, “, Crécy, Corinne Hershkovitch, ” Hershkovitch, Sarah Tilotta, Margaux Dumas, Diderot, Derain, Benoît Payan, Payan, Dumas, Marseille's, Benoit Payan, Gimpel, Alain Robert, SIPA, They’re Organizations: France CNN —, CNN, Gestapo, Europe —, Palais Bourbon, Chapelle, Ministry of Culture, French Ministry of Culture, University Paris, Technical University Berlin, Smithsonian Archives, American Art, Mayor, French Ministry of, Belgium ”, ” Locations: Paris, France, British, French, Gimpel, Vichy France, Cannes, French Vichy, Neuengamme, Hamburg, Europe, Spontini, German, Nice, Troyes, Marseille, René’s Paris, Vichy, Belgium

☆ Pope Francis hints at slight opening to blessings of same-sex couples
▼ + stars: | 2023-10-02 | by ( Philip Pullella | ) www.reuters.com time to read: +3 min

Pope Francis looks on as he meets with French President Emmanuel Macron (not pictured) at the Palais du Pharo, on the occasion of the Mediterranean Meetings (MED 2023), in Marseille, France September 23, 2023. Andreas Solaro/Pool via REUTERS/File Photo Acquire Licensing RightsVATICAN CITY, Oct 2 (Reuters) - Pope Francis has appeared to leave open the possibility of priests blessing same-sex couples, if they are limited, decided on a case-by-case basis and not confused with wedding ceremonies of heterosexuals. Francis made his opinion known in one answer to five questions from five conservative cardinals from Asia, Europe, Africa, the United States and Latin America. The pope's nuanced response differed from an explicit ruling against such blessings by the Vatican's doctrinal office in 2021. Any eventual blessings, Francis said, should not become the norm or get blanket approval from Church jurisdictions such as dioceses or national bishops conferences.

Persons: Pope Francis, Emmanuel Macron, Andreas Solaro, Francis, Francis DeBernardo, DeBernardo, Philip Pullella, Alison Williams Organizations: CITY, New Ways Ministry, Thomson Locations: Marseille, France, Asia, Europe, Africa, United States, Latin America, Germany

☆ Why I Am Still a Christian - The New York Times
▼ + stars: | 2023-09-27 | by ( Esau Mccaulley | ) www.nytimes.com time to read: +1 min

Just as our bodies develop and change, so can our relationship to things spiritual, leading us sometimes to set aside organized religion. For African Americans, in particular, adult faith is complicated by the way certain understandings of Christianity were used to justify our ancestors’ enslavement. Du Bois, Zora Neale Hurston, Langston Hughes and Richard Wright, often had very conflicted relationships with Christianity if not hostility toward it. The Black literary canon is a beautiful thing, a hard-wrought wonder. Maybe it started when “master’s preacher” told the enslaved that God destined them to be docile and obedient.

Persons: “ wokeness ”, Du Bois, Zora Neale Hurston, Langston Hughes, Richard Wright, “, ”, Christ

Paris CNN —It’s 6.30 a.m. on a late summer morning in Paris. “We heard they were coming to take us today but I am not sure where to,” Obsa, a 31-year-old political refugee from Ethiopia, told CNN. Obsa was relying on emergency housing in a hotel but says it kicked him out after his wife joined him. Some 10 regional temporary shelters, known as SAS, have been set up around the country to welcome the new arrivals outside of Paris, according to the Dihal. The other problem is the lack of emergency housing spaces available in the regions where migrants are being transferred to.

Persons: they’ll, “, ”, Obsa, Dalal Mawad, CNN Obsa, Paul Alauzy, “ Marseille, Claudia Colliva, Yann Manzi, Gerald Darmanin, Emmanuel Macron, Harmonie Lecerf, Meunier, Brice, Meunier of Bordeaux, Sandrine Runel, ” Brice, Abdullatif Organizations: Paris CNN —, CNN, Du, Federation of Solidarity Actors, BFMTV, Paris Prefecture, Ministry of Housing, Paris, Staff, ” Police, Interministerial, of Interior, SAS, Olympic, Utopia, Games, Rugby World, ”, Medecins Du Monde Locations: Paris, Stalingrad, France, Ethiopia, Sudan, Libya, Italy, de, Bordeaux, ”, Marseille, French, “, ” Bordeaux, Lyon, Afghanistan

☆ France to pull troops out of Niger following coup, says Macron
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

French President Emmanuel Macron waits to welcome Pope Francis, ahead of a meeting at Palais du Pharo, on the occasion of the Mediterranean Meetings (MED 2023), in Marseille, France, September 23, 2023. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsPARIS, Sept 24 (Reuters) - France is to end its military cooperation with Niger and withdraw its 1,500 troops tasked with battling Islamist rebels in the Sahel region following a July coup in the West African country, French President Emmanuel Macron said on Sunday. Macron said the troops would pull out by the end of the year, a move that deals a hammer blow to France's counter-terrorism operations in the Sahel and France's influence in the region. Nonetheless, Macron said France, the former colonial power in Niger, would "not be held hostage by the putchists" who he has refused to recognise as the legitimate authority in the country. "We will consult with the putschists because we want things to happen calmly," Macron said in an interview with France's TF1 and France 2 television stations.

Persons: Emmanuel Macron, Pope Francis, Yara, Macron, Mohammed Bazoum, Sybille de la Hamaide, Michel Rose, Richard Lough, Sharon Singleton Organizations: Palais du, REUTERS, Rights, France's TF1, Thomson Locations: Marseille, France, Niger, Sahel, West, West Africa, Mali, Burkina Faso, United States, Central, Niamey

☆ No 'sea of death': Pope calls for pan-European action on migration
▼ + stars: | 2023-09-23 | by ( Philip Pullella | ) www.reuters.com time to read: +3 min

MARSEILLES, France, Sept 23 (Reuters) - Pope Francis on Saturday condemned "belligerent nationalisms" and called for a pan-European response to migration to stop the Mediterranean, where thousands have drowned, from becoming "the graveyard of dignity". According to UN Refugee Agency UNHCR, about 178,500 migrants have come to Europe via the Mediterranean this year, while about 2,500 died or went missing. Governments in several European countries, including Italy, Hungary, and Poland, are led by outspoken opponents of immigration. Francis called on people to "hear the cries of pain" rising from North Africa and the Middle East. On Friday, he said migrants who risk drowning at sea "must be rescued" because doing so was "a duty of humanity" and that those who impede rescues commit "a gesture of hate".

Persons: Pope Francis, Francis, Emmanuel Macron, Saint Mother Teresa, Yara, Philip Pullella, Peter Graff Organizations: Palais du, REUTERS, UN Refugee Agency UNHCR, Thomson Locations: MARSEILLES, France, Marseille, Rome, Marseilles, Saint Mauront, Europe, Italy, Hungary, Poland, North Africa

Paris CNN —King Charles and Queen Camilla have just wrapped up their long-awaited state visit to France, spending their final day in the southwest of the country. The royal trip to France has been seen by many as a continuation of the two neighbors' efforts to reset relations in a post-Brexit world. French President Emmanuel Macron rolled out the red carpet for King Charles III. Another element that looks likely to become a staple of state visits from King Charles is the focus on green issues. Throughout the trip, French news broadcasters went into daily special programming, with their commentators dissecting every move in their hours-long coverage.

Persons: Paris CNN — King Charles, Queen Camilla, Charles, Camilla, Daniel Leal, It’s, Queen, Emmanuel Macron, Charles ’, King Charles III, Christian Liewig, Russia’s, Ian Vogler, King Charles, Samir Hussein Organizations: CNN’s Royal, Paris CNN, Royal Navy, Getty, Paris, Palais du, Berlin’s Bundestag, French Locations: Paris, France, Bordeaux, Britain, Germany, British, Triomphe, Palais, Palais du Luxembourg, –, France's, AFP

☆ King Charles makes historic speech at French senate
▼ + stars: | 2023-09-21 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

When his late mother, Queen Elizabeth II, visited in 2004, she made her speech from the adjoining Salle des Conferences. Queen Camilla plays table tennis during a visit to France's national stadium and venue for next year's Olympic Games. Hannah McKay/Pool/AFP/Getty ImagesQueen Camilla delivers a speech next to French President's wife Brigitte Macron at the national library in Paris. Queen Camilla and King Charles III are welcomed by French President Emmanuel Macron and Brigitte Macron to a state dinner in Versailles on September 20, 2023. Christian Liewig/Corbis/Getty ImagesBritain's King Charles with the French first lady Brigitte Macron at the Palace of Versailles, west of Paris, on Wednesday.

Persons: Paris CNN — King Charles III, ” Charles, Queen Camilla, Emmanuel Macron’s, Queen Elizabeth II, Charles, King ”, King –, “, ”, Russia’s, France's, Emmanuel Dunand, Brigitte Macron, Camilla, l’Entente, Denis, Hannah McKay, Bertrand Guay, Macron, Hugh Grant, Charlotte Gainsbourg, Emma Mackey, Mick Jagger, Arsene Wenger, French King Louis XIV, King Charles III, Emmanuel Macron, Christian Liewig, King Charles, Daniel Leal, Rishi Sunak’s Organizations: Paris CNN, Palais du, Rugby, National Assembly, Getty, Senate, Bibliotheque Nationale de, Notre Dame, Twitter, Mirrors Locations: France’s, France, Paris, Bordeaux, Salle, Ukraine, Europe, Palais du Luxembourg, United Kingdom, Bibliotheque Nationale de France, French, Franco, British, Saint, Paris ’, Notre, of Versailles, Versailles

☆ World’s 50 best hotels for 2023 revealed
▼ + stars: | 2023-09-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +7 min

London CNN —It opened just over a year ago, but a luxurious 24-key Italian property has already been named the best hotel in the world. Passalacqua, which overlooks Lake Como, beat off stiff competition to receive the top spot on the first-ever edition of the World’s 50 Best Hotels list, which was announced at an awards ceremony in the UK on Tuesday night. The highly-anticipated list honored 50 hotels from 35 destinations across the world. “After seeing the devastating impact of Covid-19 on the hospitality industry, it’s been especially fulfilling to see so many hoteliers from around the world gather in London to celebrate each other’s achievements under one roof for the first-ever awards ceremony of The World’s 50 Best Hotels,” Tim Brooke-Webb, managing director for the World’s 50 Best Hotels, said in a statement. The World’s 50 Best Hotels: Full list1.

Persons: –, Aman Tokyo, ’ Capello, Aman, Rosewood São, ” Valentina De Santis, Passalacqua, Silvio Vettorello, Vincenzo Bellini, ”, De Santis, it’s, Tim Brooke, Webb, Soneva, Chablé, Aman Venice, Le Sirenuse, Borgo, Royal Mansour, São, Cheval Blanc, Soneva Jani, Eden, Oberoi, Hôtel de Crillon Organizations: CNN, London CNN, Firenze, Rosewood, ’ Capello Bangkok, Capella, Hudson Yards, NoMad, CNN Travel, Somerset, Park, Eco, Hospitality, Lodges, Hotel Academy, Singita, Raffles, Madrid, Capella Singapore, Le Bristol Paris, Hyatt Kyoto, Hoshinoya, Atlantis, Equinox Locations: London, Lake Como, Europe, Florence, Asia, Rosewood Hong Kong, Bangkok, Chao Phraya, Hong Kong, Capella Bangkok, Aman New York, York, Hudson, Connaught, Rosewood São Paulo, Brisbane, South Africa, Scotland, Bruton , Somerset, Utah, Italy, Aman Tokyo, Mamounia, Marrakech, Morocco, Soneva Fushi, Maldives, Puerto Vallarta , Mexico, Australia, Chocholá, Mexico, Claridge’s, Raffles Singapore, Wanokaka, Indonesia, Tulum, France, São Paulo, Brazil, Kyoto, Japan, Réserve, Paris, Auchterarder, Du, Antibes, Somerset, Bruton, United Kingdom, Sri Lanka, Hoshinoya Tokyo, Bali, Barths, Siam, Badrutt’s, Moritz, Switzerland, Dubai, Agra, India, Spain

☆ India-Canada relations: how could trade be affected as tensions rise?
▼ + stars: | 2023-09-19 | by ( Manoj Kumar | ) www.reuters.com time to read: +5 min

On Tuesday, New Delhi dismissed the allegations as "absurd", and asked Canada instead to crack down on anti-India elements operating in its territory. Here is what is at stake for both countries:HOW ARE TRADE TALKS AFFECTED? Steady growth has seen goods trade rising to $8 billion in 2022, with Indian exports to Canada touching $4 billion and imports from Canada also worth $4 billion. Pharmaceutical products, worth about $418 million, made up the bulk of Indian exports last year, followed by iron and steel products worth about $328 million and machinery, nuclear reactors and boilers worth about $287 million. India's growing demand for imported lentils has benefited Canadian farmers, while Indian pharmaceutical and software companies have expanded their presence in the Canadian market.

Persons: Hardeep Singh Nijjar, Nanak, Chris Helgren, Justin Trudeau, Canpotex, Manoj Kumar, Arpan Varghese, Jaiveer, Clarence Fernandez, Anil D'Silva Organizations: REUTERS, Trading Economics, UN, Canpotex, Pharmaceutical, Caisse, Ontario Teachers, Bombardier, SNC Lavalin, TCS, Infosys, Wipro, Canadian Bureau of International Education, Thomson Locations: Surrey, British Columbia, Canada, DELHI, India, New Delhi, India's, Punjab, Bengaluru

☆ China Evergrande shares tumble 25% after wealth management staff detained
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG, Sept 18 (Reuters) - Shares of embattled developer China Evergrande Group (3333.HK) plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company's woes. During protests by disgruntled investors at Evergrande's Shenzhen headquarters in 2021, Du Liang was identified by staff as general manager and legal representative of Evergrande's wealth management division. "Recently, public security organs took criminal compulsory measures against Du and other suspected criminals at Evergrande Financial Wealth Management Co," police in the southern city of Shenzhen said in a social media statement on Saturday night. Earlier this month, Evergrande said it had delayed making a decision on offshore debt restructuring from September to next month to allow holders of its debt more time to consider its restructuring plan.

Persons: Aly, Evergrande, Du Liang, Du, Donny Kwok, Anne Marie Roantree, Muralikumar Anantharaman Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, Evergrande's Shenzhen, Financial Wealth Management, Reuters, Thomson Locations: China, Shenzhen, Guangdong province, HONG KONG, Lincoln

☆ Evergrande stock tumbles after Chinese police detain staff at its wealth management unit
▼ + stars: | 2023-09-18 | by ( Laura He | ) edition.cnn.com time to read: +5 min

The state-owned Shanghai Securities Journal reported that one of the detainees is the general manager and legal representative of Evergrande Wealth, citing an unnamed source. CNN has reached out to Evergrande and Evergrande Wealth for comment about the investigation, but hasn’t received a response. Of that amount, 34 billion yuan ($4.7 billion) was still unpaid by the end of last year. Multiple protestsProblems at Evergrande’s wealth unit first became widely known in August 2021, when it stopped issuing financial products due to “difficulty” in repaying them. Sayaka Nanbu/APTo appease its creditors, Evergrande Wealth subsequently proposed several repayment plans.

Persons: “ Du, hasn’t, Evergrande, Sayaka Nanbu Organizations: Hong Kong CNN, Hong, Police, Evergrande, Shanghai Securities Journal, CNN, Shenzhen government’s, Evergrande’s Locations: Hong Kong, Shenzhen, Evergrande’s Shenzhen, Shanghai, United States

☆ Wall Street's hottest career move: the volatile, lucrative world of private credit
▼ + stars: | 2023-09-18 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

So it's no wonder that through the past couple of years, working on and around private credit deals has become Wall Street's career du jour. Private credit is most often floating-rate debt — that is, debt where interest rates rise in concert with rate hikes. 'Unheard of' salaries, while risks abound in the marketIt's worth noting what private credit is: we're talking about debt and loans. "For most of my career, attracting new attorneys to private credit was a challenge. Proskauer's private credit group now has 90 lawyers, 24 of whom are partners, working full-time on private credit.

Persons: that's, Marc Rowan, Marc Lipschultz, Goldman Sachs, Paul Heller, Hannah Robb, Robb, It's, Cliffwater, Heller, Caldwell, Banks, Carlyle, Blackstone, Marco Acerra, Spencer Stuart, it's, Acerra, Richard Fernand, Nicholas Kalogeropoulos, Sam Iles, I've, Mike Mezzacappa, Evan Palenschat, Robert Lewin Organizations: Blackstone, Partners, CFA Institute, Columbia Business School, Wall Street, Alpha FMC, Barclays, Goldman Locations: New York

☆ 'The scholar, the pragmatist, and the rainmaker:' How three Bloomberg Beta VCs bet on AI before it became a buzzword
▼ + stars: | 2023-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

Bahat brings this same radical directness to Bloomberg Beta, the early-stage venture capital fund housed within the larger Bloomberg empire that he's run for the past decade. And Bloomberg Beta was making investments in generative AI as far back as 2015, before the term "generative AI" even existed. "It felt like we were just waiting for the right moment," said Cham, Bloomberg Beta partner and de-facto chief technologist, "where the rest of the world would see it." Bloomberg Beta made the decision early on to publish its entire operating manual on GitHub, including sensitive information about average check size and investment criteria. Kieran Snyder, the founder of generative AI startup Textio which Bloomberg Beta invested in in 2015, has a shorthand for describing the role of Beta's three partners.

Persons: Roy Bahat's, Bahat, James Cham, Karin Klein, Shivon Zillis, Elon Musk's, Cham, ChatGPT, VCs, Bloomberg Beta, Dan Doctoroff, Mike Bloomberg, Doctoroff, Bahat's chutzpah, Bloomberg —, Bloomberg Philanthropies, Tade Oyerinde, Sam Altman, Peter Thiel's Founder's, Roy didn't, Oyerinde, Kieran Snyder, who's, Apple Lisa, Klein, Karen, Snyder, Roy, Zilis Organizations: Port Authority, World Trade Center, IGN, Bloomberg Beta, Bloomberg, LinkedIn, Elon, Beta, Apple, New Locations: New York, Silicon Valley, East, California

☆ China police detain some Evergrande wealth management staff
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +2 min

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 17 (Reuters) - Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes. During protests by disgruntled investors at Evergrande's Shenzhen headquarters in 2021, Du Liang was identified by staff as general manager and legal representative of Evergrande's wealth management division. China Evergrande did not immediately respond to a request for comment on Sunday outside of normal business hours. The police said the investigation into the financial management unit was ongoing and urged investors to report any further financial crimes.

Persons: Aly, Du, Du Liang, China Evergrande, Moody's, Laurie Chen, David Kirton, Tom Hogue Organizations: China Evergrande Group, REUTERS, Rights, Police, China, Financial Wealth Management, Evergrande's Shenzhen, Reuters, HK, Thomson Locations: China, Shenzhen, Guangdong province, Rights BEIJING, China's

TAIPEI, Taiwan (AP) — Police in a southern Chinese city said they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer. A statement by the Shenzhen police on Saturday said authorities “took criminal coercive measures against suspects including Du and others in the financial wealth management (Shenzhen) company under Evergrande Group.”It was unclear who Du was. Media reports about investors’ protests at the Evergrande headquarters in Shenzhen in 2021 had listed a person called Du Liang as head of the company’s wealth management unit. Evergrande is the world’s most heavily indebted real estate developer, at the center of a property market crisis that is dragging on China’s economic growth. A series of debt defaults in China’s sprawling property sector since 2021 have left behind half-finished apartment buildings and disgruntled homebuyers.

Persons: “, Du, Evergrande, Du Liang Organizations: — Police, China, Shenzhen, Evergrande, Media Locations: TAIPEI, Taiwan, Shenzhen

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