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The reshoring trend is bringing manufacturing back into the U.S., putting the need for robots and automation at the forefront of the building boom. But with a tight labor market, companies are incorporating more automation and robotics into these brand new factories. Another robotics company Daryanani picked was Azenta . Sakraida said it could see upside as it gradually exposes itself more to the reshoring trend. It's working toward becoming a pure-play automation company," Sakraida said.

Persons: Jonathan Sakraida, reshoring, Carol Schleif, BMO's, Amit Daryanani, Daryanani, chipmakers, Morgan Stanley, industrials, Jonathan Coleman, Janus Henderson, Sakraida, Chris Snyder, Rockwell, — CNBC's Michael Bloom Organizations: UBS, Labor, BMO Family, HP, Janus Henderson Investors, Lincoln Electric, Rockwell Automation, ROK, Emerson Electric, Emerson Locations: U.S

☆ EU countries right to ban Huawei, ZTE from networks, Breton says
▼ + stars: | 2023-06-15 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, June 15 (Reuters) - The decision by some European Union countries to ban China's Huawei (HWT.UL) and ZTE (000063.SZ) from their 5G telecoms networks is justified and in line with the bloc's guidelines, EU industry chief Thierry Breton said on Thursday. Breton has in recent weeks voiced concerns that some EU countries still have perceived high risk components in their 5G core network, citing intrusive third-country laws on national intelligence and data security - a veiled reference to China. Breton said only 10 of the 27 EU countries had restricted or blocked high-risk vendors. "This is too slow, and it poses a major security risk and exposes the Union's collective security, since it creates a major dependency for the EU and serious vulnerabilities," he said. Huawei, ZTE and Beijing have strongly rejected Western allegations that the companies' equipment might be used for spying.

Persons: Thierry Breton, Breton, Foo Yun, Mark Potter Organizations: Union, Huawei, EU, ZTE, Thomson Locations: BRUSSELS, China, Beijing

☆ Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint
▼ + stars: | 2023-06-08 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

BRUSSELS, June 8 (Reuters) - Meta Platforms' (META.O) Instagram, Alphabet's (GOOGL.O) YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets. U.S. regulators suing crypto platforms Coinbase COIN.O and Binance, along with last year's collapse of FTX, have sparked concerns over consumer protection related to crypto assets such as bitcoin and ether. It urged the Consumer Protection Cooperation Network to require the online platforms to adopt stricter advertising policies on crypto and take measures to prevent influencers from misleading consumers. The group called on European consumer authorities to cooperate with European Supervisory Authorities for financial services to ensure the platforms adapt their advertising policies to prevent the misleading promotion of crypto. "This is why we are turning to the authorities in charge of protecting consumers to ensure Instagram, YouTube, TikTok and Twitter fulfil their duty to protect consumers against crypto scams and false promises," she said.

Persons: BEUC, Monique Goyens, Foo Yun Chee, Lisa Shumaker Organizations: YouTube, Twitter, European Commission, European Union, Consumer Protection Cooperation Network, Commission, European, Authorities, Crypto, Consumer, Thomson Locations: BRUSSELS, Denmark, France, Greece, Italy, Lithuania, Portugal, Slovakia, Spain

☆ Golf’s new Saudi deal presents questionable political, business and sporting realities
▼ + stars: | 2023-06-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

And the deal is also undeniably a great piece of business, assuming PGA Tour players accept it. And all pending litigation between LIV Golf and the PGA Tour was also mutually ended under the new agreement. He “co-opted the 9/11 community last year in the PGA’s unequivocal agreement that the Saudi LIV project was nothing more than sports washing of Saudi Arabia’s reputation,” the group said in a statement. Unresolved sporting conundrumsThere are as many sporting questions about the PGA Tour/LIV Golf partnership that remain unanswered. Then there is the question of how current PGA Tour members will respond.

Persons: LIV Golf, Arnold Palmer, Jamal Khashoggi, Prince Mohammed bin Salman, –, LIV –, Jay Monahan, Monahan, ”, “, Saudi LIV, ” Monahan, Dustin Johnson, Phil Mickelson, Patrick Reed, Cam Smith, Donald Trump, LIV, Trump, Khashoggi, ” Trump, Joe Biden, Antony Blinken, Tuesday’s LIV, Qataris, Cristiano Ronaldo, Karim Benzema, ” Yasir Al, Rumayyan, of Famer Greg Norman, Collin Morikawa, Mickelson, Alan Shipnuck, Shipnuck Organizations: CNN, PGA, Saudi, Post, Premier League, Global, Families United, Saudi shills, Crown, Formula One, NBA, Tour, Qatar, Soccer, Manchester City, United, Newcastle, Indian Premier League, Al, Real, Saudi Public Investment, “, Saudi Public Investment Fund, CNBC, of Famer, Open, Twitter Locations: Washington, Saudi, Qaeda, Riyadh, China, Western Europe, East, India, United Arab Emirates, Saudi Arabia, Ittihad, Real Madrid, French

☆ The Arctic may be sea ice-free in summer by the 2030s, new study warns
▼ + stars: | 2023-06-06 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

A new study published Tuesday in the journal Nature Communications found Arctic sea ice could disappear completely during the month of September as early as the 2030s. The researchers analyzed changes from 1979 to 2019, comparing different satellite data and climate models to assess how Arctic sea ice was changing. They found that declining sea ice was largely the result of human-caused, planet-heating pollution, and previous models had underestimated Arctic sea ice melting trends. Arctic sea ice close the coast of Svalbard, Norway, April 5, 2023. There has already been a rapid loss of sea ice in the region, with September sea ice shrinking at a rate of 12.6% per decade, according to NASA.

Persons: –, ” Seung, Min, Lisi Niesner, ” Min, Mika Rantanen, ”, Rantanen, “ Organizations: CNN, Nature Communications, Pohang University of Science, Technology, UN, NASA, National Oceanic, Atmospheric Administration, Finnish Meteorological Institute Locations: South Korea, Svalbard, Norway

☆ Feud Between Russian Warlords Exposes Cracks in Kremlin’s War Machine
▼ + stars: | 2023-06-01 | by ( Thomas Grove | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ How begpackers became some of the world’s least popular tourists
▼ + stars: | 2023-06-01 | by ( Lilit Marcus | ) edition.cnn.com time to read: +8 min

James, a comedian, is one of the posters behind the Instagram page Chaotic Hong Kong Expats. But the age of social media has catapulted the activity into public consciousness with a wave of begpacking-shaming Instagram accounts and Facebook pages. “Hong Kong is a very expensive place to live and the average (monthly) wage is 15,000 Hong Kong dollars ($1,915). Viral social media photos of begpackers in places like Malaysia, Indonesia and Hong Kong have been appearing on social media in recent months, re-igniting debate over the issue. “I think it kind of represents the growing arena of location-independent tourists blurring boundaries between leisure and work,” says Bernstein.

Persons: Ashley James, “, James, ”, ” James, Stephen Pratt, He’s, Pratt, –, begpackers, Patrick Leigh Fermor, ’ ”, ” Will Hatton, “ you’ve, ” Joshua Bernstein, Bernstein, begpack, Raphael Pangalangan, Begpacking, ” Pangalangan, ” Hatton, Hatton, it’s Organizations: Hong Kong CNN, Hong, Rosen, of Hospitality Management, University of Central, Hong Kong Polytechnic, Language Institute, Thamassat University, Michelin, European Union Locations: Hong Kong, Asia, Kong, Thailand, India, Indonesia, begpackers, University of Central Florida, Hong, Kowloon, Europe, begpacking, Bangkok, North America, Malaysia

☆ Target Pride backlash exposes 'rainbow capitalism' problem, designer says
▼ + stars: | 2023-05-31 | by ( Helen Reid | ) www.reuters.com time to read: +4 min

[1/2] Erik Carnell, transgender designer and artist whose products were pulled by U.S. retailer Target from its Pride Collection amid backlash from some of their customers, poses for a portrait in London, Britain, May 30, 2023. REUTERS/Dylan MartinezLONDON, May 31 (Reuters) - U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its stores highlights the problem with companies' "rainbow capitalism," said Erik Carnell, a transgender designer whose products were pulled from its stores. Target (TGT.N) has sold LGBTQ-related goods tied to Pride month for years. Target's collection for Pride Month, which is celebrated every year in June, includes more than 2,000 products, including Carnell's Abprallen brand. "We stand with you now and will continue to do so - not just during Pride Month, but each and every day," he said.

Persons: Erik Carnell, Dylan Martinez, Carnell, influencer Dylan Mulvaney, Brian Cornell, Etsy, Helen Reid, Siddharth Cavale, Kate Masters, Matt Scuffham, Deepa Babington Organizations: U.S, Target, REUTERS, Dylan Martinez LONDON, Kohl's, Pride Month, Anheuser, Reuters, Business, Pride, Thomson Locations: London, Britain, New York

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/russian-cruise-missile-that-struck-poland-exposes-natos-air-defenses-3312d456

☆ Ugly Fight Over Climate Bill Exposes Cracks in German Coalition
▼ + stars: | 2023-05-30 | by ( Erika Solomon | Melissa Eddy | ) www.nytimes.com time to read: +1 min

BERLIN — Germany’s coalition government was always an awkward trio of center-left Social Democrats, climate-conscious Greens and pro-business Free Democrats. Yet in the heady days after their election victory in 2021, the parties vowed to stick to a tradition of consensus-driven politics, keeping the drama behind closed doors. While the stakes would seem relatively minor, the level of vitriol has been anything but, reflecting a new era in which Germany’s once-staid politics have turned more fractious. No one is predicting a collapse of the coalition. But the public sparring has raised questions over how Germany will meet commitments to Europe’s climate goals — as well as Chancellor Olaf Scholz’s ability to maintain effective stewardship of Europe’s most powerful economy.

☆ Sudan: Nearly 1.4 million people displaced since civil war erupted, UN report says
▼ + stars: | 2023-05-28 | by ( Sahar Akbarzai | ) edition.cnn.com time to read: +5 min

Even before the fighting intensified, years of political instability meant Sudan had several million people internally displaced. The country also hosted 1.13 million refugees from other conflict-ridden countries, including South Sudan, Eritrea and Syria, according to UNHCR data. Tens of thousands of South Sudanese are flocking home from neighboring Sudan, which erupted in violence last month. Sam Mednick/APAmid the vast displacement, there have been increasing reports of gender-based violence and domestic violence, especially among internally displaced Sudanese populations, the UN Population Fund said. This includes 22 attacks on health facilities, six attacks which impacted warehouses, and nine attacks which affected supplies, among others.

☆ Body dysmorphia: Definition, symptoms and treatments
▼ + stars: | 2023-05-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +9 min

Here’s what living with body dysmorphia is like, and how people can find help. What causes body dysmorphiaThere isn’t a sole cause of body dysmorphia, but there are some contributing factors. “Body dysmorphia is in the same family of disorders as obsessive-compulsive disorder,” Durvasula said. Body dysmorphia was originally described as “the imagined ugliness syndrome,” Kearney-Cooke said. Since body dysmorphia is in the same category as obsessive-compulsive disorder, treatments for OCD, such as “exposure and response prevention,” could also be helpful for managing body dysmorphia.

☆ TikTok Shop, a rising threat to Shopee and Lazada in Southeast Asia
▼ + stars: | 2023-05-26 | by ( Sheila Chiang | ) www.cnbc.com time to read: +7 min

CFOTO | Future Publishing | Getty ImagesTikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. TikTok Shop is the e-commerce marketplace of short video app TikTok, which is owned by Chinese tech giant ByteDance. In 2022, TikTok Shop expanded to six Southeast Asian countries — Singapore, Malaysia, Indonesia, the Philippines, Vietnam and Thailand. TikTok is "focused on the continued development of TikTok Shop in Southeast Asia," said the spokesperson. To incentivize sellers to join the platform, TikTok Shop waived commission fees when it launched in Singapore in August.

Persons: TikTok, Shopee, Shawn Yang, Shop's, Sachin Mittal, Lazada's GMV, Jonathan Woo, Lazada, Shou Zi, Woo, bode Organizations: Blue Lotus Research Institute, Sea Group, DBS Bank, CNBC, Intelligence, Phillip Securities Research, TikTok, U.S, Merchants, SG, Phillip Securities Locations: Southeast Asia, India, Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Southeast, GMV, U.S, Statista, Brazil, China, U.S ., Montana, Texas, Nomieo

☆ TikTok sues Montana to reverse state's ban of the app
▼ + stars: | 2023-05-22 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

TikTok has filed a federal lawsuit against Montana in response to a recently passed state law that would ban the popular video service in the state. The lawsuit, filed Monday in the United States District Court for the District of Montana, is intended to "prevent the state of Montana from unlawfully banning TikTok," lawyers for the app's parent company, ByteDance wrote. Last week, Montana became the first U.S. state to ban TikTok over allegations the Chinese government can use the app for intelligence-gathering operations. TikTok disputes Montana's allegations the Chinese government "could access data about TikTok users, and that TikTok exposes minors to harmful online content," the lawsuit said. With the lawsuit, TikTok hopes the court finds Montana's ban "unconstitutional and preempted by federal law."

Persons: TikTok, ByteDance, Greg Gianforte, Plaintiff, Shou Zi Chew, Banning, David Sacks Organizations: United States, Court, District of, Constitution, Apple, Montana Gov, Communist Party, Oracle, Craft Ventures Locations: Montana, District of Montana, U.S, United States, Texas

☆ Durham Exposes Robert Mueller’s Failure
▼ + stars: | 2023-05-20 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

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Two crypto platforms, Voyager and Bittrex, have recently declared bankruptcy, and investors no longer have access to their crypto. To keep your crypto safe with other platforms, consider "cold storage," which refers to keeping your crypto offline. The Voyager and Bittrex bankruptcies are part of a prolonged "crypto winter" along with other crypto company bankruptcies of the past year, including FTX, Celsius, and more. Globally, countries are evaluating Central Bank Digital Currencies, the development of which you can track via the Atlantic Council's website. Regardless of the crypto winter and continuing cascade of crypto platform bankruptcies, digital currencies aren't going anywhere anytime soon.

☆ Analysis: Australian banks' bid to shake mortgage reliance brings new risks
▼ + stars: | 2023-05-16 | by ( Byron Kaye | ) www.reuters.com time to read: +5 min

"When there's a macroeconomic downturn, it's generally institutional and business lending exposures that are impacted first," he added. For decades, Australian housing finance has significantly outpaced business lending, making home loan margins the engine of profits. A more recent exodus from non-lending retail services like financial advice has further weighted banks' allocation of capital to residential property. The big four banks said in earnings updates this month that their net interest margins peaked in late 2022 and have since narrowed. To hedge against interest rates risks, the Big Four may now chase new services-based revenues from commercial clients in non-lending segments, added Garland.

☆ A week after Congo floods, volunteers dig through debris for bodies
▼ + stars: | 2023-05-12 | by ( Crispin Kyala | ) www.reuters.com time to read: +2 min

BUSHUSHU, Democratic Republic of Congo, May 12 (Reuters) - With shovels, sticks and bare hands, Red Cross volunteers struggled to clear caked mud from around a body half buried in a landslide in Bushushu village in eastern Democratic Republic of Congo. A week after torrential rains triggered deadly floods, the workers said they were exhausted and running out of equipment. But they keep finding corpses under piles of debris, buried in hillsides, floating in waterways and the nearby lake. It's a serious problem," Désiré Yuma Machumu, head of the Red Cross in Congo's South Kivu province, said. On Thursday, Reuters watched the volunteers painstakingly recover 17 bodies.

She will warn about "the global impact of this standoff and highlight the need to avoid default," a senior Treasury official said. It will lead to a freeze in global financial markets," said Muehleisen, now a fellow with the Atlantic Council. G7 counterparts will question Yellen "about the financial stability risks in the U.S., the regional banks' exposure to commercial real estate. Real risks that are not manufactured for political posturing," said Stephanie Segal, a former U.S. Treasury official who is a senior fellow at the Center for Strategic and International Studies in Washington. The far more complicated "Pillar 1" plan to allow countries to tax global technology giants and other highly profitable corporations on their local sales is still under negotiation.

☆ Russia-Ukraine War: Live Updates
▼ + stars: | 2023-05-05 | by ( Matthew Mpoke Bigg | ) www.nytimes.com time to read: +5 min

Smoke rises from the side of the Ilsky Oil Refinery manufacturing complex in the Krasnodar region in southern Russia. For the past several days, Russian infrastructure near Ukraine’s border and in Russian-controlled Crimea has been targeted repeatedly. But it has usually maintained ambiguity about involvement in attacks on Russian territory. Russian officials reported strikes on train lines in Russia’s Bryansk region on Monday and Tuesday. Four drones also attacked storage facilities on Thursday at one of the largest oil refineries in southern Russia’s Krasnodar Territory, according to Tass, the Russian state news agency.

☆ Nigerian hijab-wearing chef seeks to break stereotypes about Muslim women
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +1 min

LAGOS, May 4 (Reuters) - Nigerian Sherifah Yunus Olokodana looks like any Muslim woman with a veil that only exposes her eyes, but the entrepreneur who has carved a niche as a chef in Lagos is seeking to break stereotypes about hijab-wearing women in the country. Nigeria is almost evenly divided between the largely Christian south and mainly Muslim north, where cultural norms often discourage women to get into business. Olokodana, a Yoruba Muslim from the southwest, has been a pastry chef for nearly two decades and sells food spices, but she said she still faced prejudice. "Women in hijab continue to get negative vibes from people. Reporting by Seun Sanni; writing by MacDonald Dzirutwe; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

But Nvidia has created variants of its chips for the Chinese market that are slowed down to meet U.S. rules. Even the slowed Nvidia chips represent an improvement for Chinese firms. The back-and-forth between government and industry exposes the U.S. challenge of slowing China's progress in high tech without hurting U.S. companies. Chip industry sources said that was an effective action. Some in the AI industry believe that is still plenty of speed.

☆ They've been beaten, trolled, threatened with sexual violence but refuse to be silenced
▼ + stars: | 2023-05-03 | by ( Adie Vanessa Offiong | ) edition.cnn.com time to read: +9 min

Ixchíu Hernández had already been the victim of years of online threats -- attempts to humiliate and silence her. Published in April 2021, it reveals: "Online attacks on women journalists appear to be increasing significantly, as this study demonstrates, particularly in the context of the 'shadow pandemic' of violence against women during COVID-19. "Online violence against women journalists is designed to: belittle, humiliate, and shame; induce fear, silence, and retreat; discredit them professionally, undermining accountability journalism and trust in facts; and chill their active participation...in public debate. Ricchiardi-Folwell explains that because of the often-sexualized nature of the attacks, women remain silent about their harassment, which leads them to believe they are alone. Editor's note: This story was originally published in 2021 and updated to reference the latest report by UNESCO.

☆ Moscow's 'special' forces: An inside look at how Russia's famed Spetsnaz really operate
▼ + stars: | 2023-04-30 | by ( Mark Galeotti | ) www.businessinsider.com time to read: +24 min

Russia's Spetsnaz forces are often depicted as a kind of Russian super troops. Osprey PublishingMost countries' special forces emphasize physical fitness, determination and aggression. Special people, for special tasksMembers of the Russian military's 16th Separate Special Purpose Brigade during an exercise in 2018. Even so, being better than most of the Soviet army's miserable and recalcitrant conscript forces did not make most of them truly special, special forces. The special operations commandMembers of Russian's 22nd Separate Guards Special Purpose Brigade during an exercise in November 2017.

☆ ‘R.M.N.’ Review: A Bleak Diagnosis for Romania
▼ + stars: | 2023-04-27 | by ( Manohla Dargis | ) www.nytimes.com time to read: +2 min

Deep into “R.M.N.,” an anatomy of the human condition, this powerhouse of a movie gets deeper, creepier and unnervingly familiar. At that point, dozens of residents in a Romanian village have gathered for an impromptu town hall. I’ve called the movie an anatomy, but this scene is more of an autopsy. “R.M.N.” is set in motion by Matthias (Marin Grigore), a hulking brute who stalks the movie like a threat. He moves back in with his wary wife and young son, and pursues and beds a former lover.

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