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☆ China's Xi meets U.S. executives as businesses navigate bilateral tensions
▼ + stars: | 2024-03-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

The forum this year coincided with other efforts to attract foreign business. However, a combination of geopolitical tensions, regulatory uncertainty and slower economic growth have made it more challenging for foreign businesses in China. ... foreign companies share the same lack of confidence and worries about an uncertain future that is felt amongst much of China's domestic industry. Looking for economic clarityFor businesses considering China investment plans, the country's near-term growth outlook is another factor. He emphasized China's large market, industrial supply chain, and pointed out how China has worked on issues such as data exports and equal market treatment for foreign businesses.

Persons: Tim Cook, Management Dean Bai Chong, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Rajesh Subramaniam, Joe Biden, Carlos Gutierrez, Sean Stein, Gutierrez, Biden, Scott Kennedy, Peter Bachmann, Bachmann, Kennedy, Stephen S, Roach, Yale Law School's Paul Tsai, he's, China's, Han Zheng, Amin H, Nasser Organizations: Apple, China Development Forum, Tsinghua University School of Economics, Management, China News Service, Getty, U.S . Blackstone, Qualcomm, Bloomberg, FedEx, China, Cyberspace Administration, U.S, American Chamber of Commerce, of Commerce, Scott, Scott Kennedy Center for Strategic, Studies, China Centre, University of Applied Sciences, Arts Northwestern Switzerland, Center for Strategic, International Studies, Yale Law, Yale Law School's Paul Tsai China, Communist Party, Invest, CNBC, Aramco Locations: China, BEIJING, U.S, San Francisco, Beijing, Shanghai, Washington ,, Saudi

The last presidential rematch came in 1956, when Republican President Dwight D. Eisenhower again defeated Adlai Stevenson, the Democratic opponent he had four years prior. Grover Cleveland, meanwhile, was the nation's 22nd and 24th president, winning elections in 1884 and 1892. Here's how it stacks up in history:Photos You Should See View All 60 ImagesWhen was the last rematch of a presidential race? Republican President William McKinley topped Democrat William Jennings Bryan in the election of 1896 and then again in 1900. A Democratic anti-corruption crusader and governor of New York, Cleveland narrowly won the presidential election of 1884.

Persons: Joe Biden, Donald Trump, Biden, Trump, Dwight D, Eisenhower, Adlai Stevenson, Grover Cleveland, Stevenson, William McKinley, William Jennings Bryan, Martin Van Buren, William Henry Harrison of, Harrison, John Quincy Adams, Andrew Jackson, Adams, Jackson, John Adams, Thomas Jefferson, George Washington, Jefferson, Republican Benjamin Harrison, Cleveland, Ulysses S, Grant, James A, Garfield, wasn't, Teddy Roosevelt, Roosevelt, William H, Taft, “, Woodrow Wilson, Millard Fillmore, Zachary Taylor, Fillmore, William Henry Harrison ., Van Buren Organizations: WASHINGTON, Democratic, Biden, Trump, Republican, Whig Party, Federalist, Cleveland, GOP, Bull Moose Party, Free Soil Party Locations: New York, —, Maryland

☆ Super Tuesday may underline Trump’s transformation of the GOP
▼ + stars: | 2024-03-05 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

His performance so far reflects his success at transforming the Republican Party in his image. The most important message from the primaries is the most straightforward: Trump’s coalition is the dominant faction in the GOP. Like McConnell’s announcement, the choices by GOP elected officials in the primary contest signal their acknowledgement of the party’s direction. The share of GOP elected officials who have endorsed Haley isn’t anywhere near as large as her share of the total vote. But a deeper factor also explains the imbalance in support among GOP elected officials.

Persons: Donald Trump, He’s, Ronald Reagan, Nikki Haley, –, Trump, Reagan, Bob Dole, George W, Bush, Mitt Romney, Whit Ayres, Democrat Grover Cleveland, Republican Benjamin Harrison, ” Ayres, Ayres, Grover Cleveland, ” Chris Wilson, Ron DeSantis, “, ”, Gary Langer, he’s, Kyle Kondik, “ It’s, William Mayer, George H.W, George H.W . Bush, Democrat Al Gore, Haley, Dwight Eisenhower, Sen, Robert Taft, Mitch McConnell, Haley isn’t, Chris Sununu, Susan Collins, Lisa Murkowski, Liz Cheney, Wilson, Mike Johnson, McConnell, Kevin McCarthy, Jennifer Horn, Biden, William Galston, Galston, ’, ‘, Kristen Soltis Anderson, isn’t, Eisenhower, “ Trump, ” Galston, ” Trump, Missouri GOP Sen, Eric Schmitt, wouldn’t, he’d Organizations: CNN, Republican, Republican Party, South Carolina Gov, GOP, Washington, Trump, Veteran GOP, White, Democrat, Democratic, Florida Gov, ”, ABC, University of Virginia’s Center, Politics, Northeastern University, Republican internationalists, Republicans, Chicago Council, Global Affairs, Trump’s GOP, New Hampshire Gov, South, Brookings Institution, Biden, Republican National Committee, Missouri GOP Locations: Sunday’s, Iowa , New Hampshire, South Carolina, Michigan, George H.W ., Southern, Iowa, New Hampshire, Oakland, Washtenaw, Kent, Ukraine, Trump’s, Missouri

☆ Iran-US prisoner swap: Who are the detainees being released?
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +3 min

Months later his ailing father, Baquer, was detained after returning to Iran to visit his jailed son. EMAD SHARGHIIn 2017 Sharghi and his wife moved to Iran from the United States. The five Iranians held in the United States are Mehrdad Moin-Ansari, Kambiz Attar-Kashani, Reza Sarhangpour-Kafrani, Amin Hassanzadeh and Kaveh Afrasiabi, according to Iranian officials. For years, Iran has demanded the release of Iranians detained in the United States. There are over a dozen Iranian prisoners held in the U.S. mainly for "breaching the U.S. sanctions on Iran", one Iranian judiciary source told Reuters.

Persons: Dado Ruvic, Baquer, Baquer Namazi, EMAD SHARGHI, Sharghi, MORAD, Tahbaz, …, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Kaveh, Parisa Hafezi, Samia Nakhoul, William Maclean Organizations: REUTERS, Rights, Revolutionary Guards, U.S ., UNICEF, Saravan, British, Iran's, U.S, Thomson Locations: Rights DUBAI, United States, Iran, South Korea, U.S, Tehran, Iranian, American

☆ U.S.-Iran detainee swap deal to go ahead on Monday, says Tehran
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +3 min

A fourth U.S. citizen was also released into house arrest, while a fifth was already under house arrest. As a first step in the deal, Washington waived sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar. The transfer of Iran's funds has drawn criticism from U.S. Republicans who say President Joe Biden, a Democrat, is in effect paying a ransom for U.S. citizens. Ties between Washington and Tehran have been boiling since Donald Trump, a Republican, pulled the U.S. out of a nuclear deal between Iran and global powers when he was president in 2018. Reaching another nuclear deal has gained little traction since then, as Biden prepares for the 2024 U.S. election.

Persons: Dado Ruvic, Nasser Kanaani, Morad Tahbaz, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Afrasiabi, Joe Biden, Donald Trump, Biden, Elwely Elwelly, Hyonshee, Edmund Blair, Stephen Coates, Andrew Cawthorne Organizations: Iranian, REUTERS, Rights, Iran's Foreign Ministry, Reuters, Gulf . South Korea's Foreign, U.S, Republicans, Democrat, Republican, Thomson Locations: U.S, Rights DUBAI, Tehran, United States, Qatar, South Korea, Iran, Doha, Washington, Gulf . South, Emad Sharqi, British, Dubai, Seoul

☆ How Iran and the US reached the prisoner swap deal
▼ + stars: | 2023-09-18 | by ( Parisa Hafezi | ) www.reuters.com time to read: +5 min

Sept 18 (Reuters) - Iran and the U.S. were to swap five detainees each on Monday after Qatar mediated a deal between the arch foes that also unfroze $6 billion of Tehran's funds. The transfer of Iran's funds has drawn Republican criticism that President Joe Biden, a Democrat, is in effect paying ransom for U.S. citizens. WHY WERE IRAN'S FUNDS FROZEN IN SOUTH KOREA? He also reimposed harsh U.S. sanctions designed to choke off Iran's oil exports as part of a "maximum pressure" campaign on the Islamic Republic. Seoul, normally one of Iran’s largest oil customers, received a waiver in 2018 from the United States to continue purchases of Iranian oil for several months.

Persons: Joe Biden, Tehran's, Dado Ruvic, Siamak Namazi, Emad Shargi, Morad Tahbaz, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Kaveh, Donald Trump, Ayatollah Ali Khamenei, Khamenei, Parisa Hafezi, William Maclean Organizations: Qatar, Reuters, Iranian Foreign, Democrat, Doha, U.S, Iranian, REUTERS, WHO, United Nations, KOREA, Washington, U.S ., Islamic, Thomson Locations: Iran, U.S, Qatar, Doha, Tehran, Qatar's, United States, Iranian, Lebanon, Israel's, Washington, Islamic Republic, Seoul, IRAN

Iran's Presidency/Mohammad Javad Ostad/WANA (West Asia News Agency)/Handout via REUTERS Acquire Licensing RightsWASHINGTON, Sept 12 (Reuters) - Five U.S. citizens detained in Iran who are expected to be swapped for five Iranians imprisoned in the United States as early as next week are "in full health," Iranian President Ebrahim Raisi said on Tuesday. The United States said it will have "oversight" on how and when the funds will be spent. IRNA, citing Iran's mission to the United Nations, said "some of the freed Iranians will remain in the United States while others will return ... "The arrangements have been done and the final action of swapping the prisoners should be finalized in the due time," Raisi told NBC, according to excerpts released by the network. "This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money," Raisi said in the interview, speaking through an Iranian government translator.

Persons: Ebrahim Raisi, Emmerson Mnangagwa, Mohammad Javad Ostad, Matthew Miller, Raisi, Lester Holt, Siamak, Morad Tahbaz, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Kaveh, IRNA, John Kirby, Arshad Mohammed, Rami Ayyub, Daphne Psaledakis, Parisa Hafezi, Timothy Gardner, Rosalba O'Brien Organizations: State House, Iran's, West Asia News Agency, REUTERS Acquire, Rights, U.S, United, Department, NBC Nightly, U.S ., British, U.S . State Department, United Nations, White House, MSNBC, NBC, Thomson Locations: Harare, Zimbabwe, Iran, United States, South Korean, Washington, Tehran, U.S, Emad Sharqi, Qatar, Islamic Republic of Iran, Dubai

☆ Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
▼ + stars: | 2023-08-07 | by ( Kevin Granville | ) www.nytimes.com time to read: +3 min

The Numbers: Profits that rise and fall with oil prices. Oil prices jumped after Russia’s invasion of Ukraine, and have slowly eased since then. That will amount to just under $10 billion in the third quarter, with payouts continuing over the subsequent five quarters. Aramco is owned mainly by the Saudi government, and the company’s earnings provide a major source of its financing. After oil prices briefly exceeded $120 a barrel after the start of the war in Ukraine, they have generally declined.

Persons: ”, ” Amin H, Nasser, Mr, “, Brent Organizations: Aramco, RBC Capital Markets, West Texas Locations: Ukraine, Saudi, Asia, India, China, Saudi Arabia, Russia, United States

☆ TikTok trendsetter e.l.f. models beauty's new look
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

cosmetic products are seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew KellyNEW YORK, Aug 2 (Reuters Breakingviews) - Social-media savvy makeup brand e.l.f. Boss Tarang Amin has chased this growth through heavy online advertising, including collaborations with TikTok influencers. While not necessarily cheaper than the old guard’s approach - sales, general and administrative spend is a similar share of revenue at both e.l.f. With Amin promising to ramp up marketing spending even further, the pressure for older peers to touch up their look grows.

Persons: Andrew Kelly NEW, Boss Tarang Amin, TikTok, Nielsen, Estee Lauder, Amin, Anita Ramaswamy, Aston Martin, Jonathan Guilford, Sharon Lam Organizations: REUTERS, Andrew Kelly NEW YORK, Reuters, Jefferies, Twitter, Thomson Locations: Manhattan , New York City, U.S, e.l.f

☆ The lawsuit casting doubt on whether Subway's tuna is actually completely made of tuna has been dismissed
▼ + stars: | 2023-07-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Subway and a plaintiff have agreed to dismiss a lawsuit casting doubt on what its tuna contains. Subway has vigorously defended its tuna and has asked the court to sanction the plaintiff's lawyers. The class-action lawsuit, filed in January 2021, initially claimed that Subway's tuna products "entirely lack any trace of tuna" and instead are made up of "a mixture of various concoctions." Further amendments to the lawsuit claimed that testing showed that Subway's tuna contained detectable traces of chicken, pork, and cattle DNA. Subway's lawyers said that they doubted this was the real reason Amin wanted to dismiss the lawsuit.

Persons: skipjack, Nilima Amin, couldn't, Amin Organizations: Service, New York Times, The Times, Subway Locations: Wall, Silicon

July 27 (Reuters) - A high-profile lawsuit by a California woman who claimed that Subway's tuna products contain ingredients other than tuna has been dismissed. The Oakland, California-based judge will rule later on Subway's request that Amin's lawyers be sanctioned for bringing a frivolous class action. Amin claimed to have ordered Subway tuna products more than 100 times before suing in January 2021, claiming that its tuna sandwiches, salads and wraps included other fish species, chicken, pork and cattle, or no tuna at all. Subway also faulted Amin's "ever-changing" theories to debunk its claim that its tuna products were "100% tuna." In opposing sanctions, Amin's lawyers said she had a "good faith, non-frivolous basis based on testing and evidence that there was something amiss" with Subway tuna.

Persons: Nilima Amin, Jon Tigar's, Amin, Amin's, Tigar, Jonathan Stempel, Jamie Freed Organizations: U.S, District, Subway, Court, Northern District of, Thomson Locations: California, Oakland , California, U.S, Northern District, Northern District of California

☆ BlackRock might not be 'woke' anymore after the asset manager put an oil CEO on its board
▼ + stars: | 2023-07-19 | by ( Rebecca Ungarino | George Glover | ) www.businessinsider.com time to read: +4 min

BlackRock named Aramco CEO Amin Nasser to its board Monday. Nasser leads the world's largest oil producer, which is mainly owned by the Saudi Arabian state. Its decision to name Aramco CEO Amin Nasser to its board Monday provides further ammunition for those critics, signaling that the firm might not be as socially conscious as it says it is. That is the wrong player here, unless [BlackRock CEO] Larry Fink really wants to blur their image on the ESG front," Jeffrey Sonnenfeld, the Yale professor and management expert, said on CNBC Tuesday. Amin H. Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017.

Persons: Amin Nasser, Nasser, Larry Fink's, it's, Larry Fink, Jeffrey Sonnenfeld, Biden, Jamal Khashoggi, He'll, that's, Amin H, Shu Zhang, Reuters Fink, BlackRock's, It's, Fink, he'd Organizations: BlackRock, Aramco, Yale, CNBC, Washington Post, Saudi Arabian Oil Company, China Development Forum, Reuters, McKinsey, Republican Locations: Saudi Arabian, Saudi Arabia, Saudi, Saudi Aramco, Beijing, China, Massachusetts

☆ BlackRock names Saudi Aramco CEO Amin Nasser to board
▼ + stars: | 2023-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. BlackRock said Monday that Amin Nasser, the CEO of Saudi Aramco, the world's largest oil company, is joining the asset manager's board of directors. The world's largest asset manager said the move reflects the firm's emphasis on the Middle East as part of its long-term strategy. In August 2022, Texas Comptroller Glenn Hegar targeted BlackRock, putting the asset manager on a list of financial companies that "boycott energy companies." "It's got nothing to do with maximizing returns and is the opposite of what an asset manager is paid to do."

Persons: Amin H, Nasser, Amin Nasser, Amin's, Larry Fink, Fink, Glenn Hegar, Jimmy Patronis, It's Organizations: Plaza Conference, BlackRock, Saudi Aramco, Aramco, BlackRock Board, Republicans Locations: Saudi Aramco, Dhahran, Saudi Arabia, Saudi, East, BlackRock, Texas, Florida

☆ Aramco chief blames recessionary signals for oil drop, says China demand will pick up
▼ + stars: | 2023-07-05 | 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 EmailAramco chief blames recessionary signals for oil drop, says China demand will pick upAramco CEO Amin H. Nasser speaks to CNBC’s Dan Murphy at a two-day OPEC seminar in Vienna, Austria.

Persons: Amin H, Nasser, CNBC’s Dan Murphy Organizations: Aramco Locations: China, Vienna, Austria

☆ This 28-year-old ignored warnings about job-hopping and doubled her salary to $186K in 5 years
▼ + stars: | 2023-04-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

In 2019, she got a promotion to a product development role and a salary bump to $89,000. Product manager: $130,000By 2020, El-Amin began talking to former college classmates about moving to a new company. She spoke with a fellow alum who worked at Mastercard, who ended up referring her to a product manager job. Technical product manager: $186,000 plus a $29,000 signing bonusBy May 2021, El-Amin was looking to change course again. "I was probably a little too overly confident that I could just easily land another role as a product manager."

☆ Saudi Aramco, the world's largest oil company, announces record profit of over $161 billion for 2022
▼ + stars: | 2023-03-12 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Oil and gas giant Saudi Aramco announced a record $161 billion profit for 2022 on Sunday. The record profit comes amid all-time high oil and gas prices after Russia invaded Ukraine. Commonly referred to as Saudi Aramco, the oil and gas giant saw its profits increase nearly 50% from $110 billion in 2021 to a record $161.1 billion for 2022, the company announced Sunday. Other oil companies including ExxonMobil, BP, and Shell also recorded all-time high profits in 2022 as global oil and gas prices reached record highs last year. However, all of those earnings at $55.7 billion, $28 billion, and about $40 billion, respectively, were dwarfed by Aramco's $161 billion.

☆ An assassination, a feud and the fight for power in Iraq's Kurdistan
▼ + stars: | 2022-12-05 | by ( Amina Ismail | ) www.reuters.com time to read: +10 min

TENSE STANDOFFAfter Rasoul's death, the KDP-dominated Regional Security Council accused a PUK security agency of the killing. It detained six men it identified as operatives involved and issued arrest warrants for another four senior PUK security officials, according to security council statement a week after the attack. Long-simmering mistrust between the two sides had already deepened this year due to a wave of defections from PUK security agencies. The senior PUK official told Reuters there had been eight. "It could've easily turned ugly," the senior PUK official said.

☆ BP’s profit more than doubles as calls for windfall taxes grow louder
▼ + stars: | 2022-11-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

The UK-based energy company posted underlying profit of $8.15 billion in the July to September period, compared with $3.3 billion a year ago. BP (BP)’s earnings were boosted by “exceptional” results in its gas trading business, it said in a statement on Tuesday. Also last week, America’s largest oil company, ExxonMobil set a profit record for the second straight quarter, while Chevron (CVX) and French oil company Total (TOT)Energies posted similarly huge increases. The unprecedented set of earnings is fueling renewed calls in Britain and the United States for windfall taxes on energy companies to help households that are struggling to pay rising bills. EU governments, on the other hand, agreed a windfall tax in September that they hope will raise $140 billion.

Amin H. Nasser, president and CEO of Saudi Arabian Oil Company, Saudi Aramco, is seen at the 24th World Energy Congress (WEC) in Abu Dhabi, United Arab Emirates September 10, 2019. Under EU plans announced last week, excessive profits from energy companies would be skimmed off and redistributed to ease the burden on consumers. "The conflict in Ukraine has certainly intensified the effects of the energy crisis, but it is not the root cause," he said. The underinvestment comes at a time when spare capacity is thin and demand is "fairly healthy" despite strong economic headwinds. "When the global economy recovers, we can expect demand to rebound further, eliminating the little spare oil production capacity out there," Nasser said.

☆ Opinion: The tyranny of Idi Amin -- and limits of a British welcome
▼ + stars: | 2022-09-18 | by ( Opinion Lucy Fulford | Lucy Fulford | ) edition.cnn.com time to read: +9 min

She is the author of a forthcoming book, "The Exiled: Empire, Immigration and How Ugandan Asians Changed Britain." In early August 1972, Uganda's brutal military dictator Idi Amin ordered the expulsion of the country's entire Asian population -- including my grandparents. And a British welcomeBut when Amin gave his expulsion order, the British government didn't leap into action. Prince Philip meets Ugandan Asians at a British reception center in Kent, November 1972. Lucy FulfordFormer Prime Minister David Cameron has referred to Ugandan Asians as "one of the most successful groups of immigrants anywhere in the history of the world," a legacy many British Ugandan Asians are rightly proud of.

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