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☆ Expect China markets to further rally, but more fiscal policies needed
▼ + stars: | 2024-09-30 | 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 EmailExpect China markets to further rally, but fiscal policy needed to sustain themNick Samouilhan of Wellington Management discusses his outlook on the Chinese equity markets and says that with the good global growth picture, investors should have positive views on many asset classes but hold them "very lightly".

Persons: Nick Samouilhan Organizations: Wellington Management

☆ Expedia CEO: Consumer is still traveling, and we're seeing good global demand
▼ + stars: | 2023-11-06 | 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 EmailExpedia CEO: Consumer is still traveling, and we're seeing good global demandExpedia CEO Peter Kern joins 'Squawk on the Street' to discuss whether people have overdone their worries about consumer travel, whether there are any signs of a slowdown and more.

Persons: Peter Kern

☆ Less ethical US foreign policy requires new logic
▼ + stars: | 2023-09-18 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

Russia’s invasion of Ukraine and rising tensions with China are now driving U.S. foreign policy, and ethical considerations have taken a back seat. Even so, groups such as Amnesty International and Human Rights Watch are concerned. But the United States considers all to have poor records when judged against the Universal Declaration of Human Rights. While it may make sense for the United States to choose the lesser evil, it is now unclear what role human rights play in American foreign policy. Although he didn’t connect this idea to human rights, that seems to be part of the thinking.

Persons: Narendra Modi, Joe Biden, Evan Vucci, Biden, Antony Blinken, ”, Modi, Saudi Crown Prince Mohammed bin Salman, Blinken, It’s, Peter Thal Larsen, Thomas Shum Organizations: Indian, U.S, Bharat, REUTERS Acquire, Reuters, Amnesty, Human Rights, U.S ., Saudi Crown, Universal, United, United States, Reuters Graphics, Seven, Washington, Thomson Locations: New Delhi, India, Vietnam, Saudi Arabia, Ukraine, China, Asia, Beijing, Moscow, U.S, Hanoi, United States, Riyadh, Russia, United, East, Europe, Afghanistan, Iraq

☆ CapitaLand Investment says its lodging business is doing particularly well
▼ + stars: | 2023-08-11 | 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 EmailCapitaLand Investment says its lodging business is doing particularly wellPaul Tham, group chief financial officer of CapitaLand Investment, attributes the segment's "outstanding" performance to good global recovery not just in Singapore, but also in Europe and Japan.

Persons: Paul Tham Organizations: CapitaLand Investment Locations: Singapore, Europe, Japan

☆ The popularity of AI could spark 'reasonable' fears that schools may employ fewer teachers, or possibly none at all, expert says
▼ + stars: | 2023-07-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Tools like ChatGPT could raise fears about fewer teachers being used in schools, per an AI expert. Stuart Russell spoke to The Guardian about how traditional teaching roles could change. The education sector has been having a difficult time adapting to new AI tech. Speaking to The Guardian, AI expert Stuart Russell said the rising use of the technology could spark "reasonable" fears among those working in the education sector that fewer teachers, or possibly none at all, could be employed by schools. He added that he thought humans would still play a role but it could differ from traditional teaching duties.

Persons: Stuart Russell, Russell Organizations: Guardian, University of California, Good Global Summit, Oxford, Russell Group Locations: Berkeley, Geneva, Cambridge

☆ AI robots could play future role as companions in care homes
▼ + stars: | 2023-07-06 | by ( Emma Farge | ) www.reuters.com time to read: +2 min

[1/4] Advanced humanoid robot 'Sophia' is pictured at AI for Good Global Summit, in Geneva, Switzerland, July 6. Demonstrating its conversational skills, Nadine told Reuters it talked, sang, and played bingo with residents at a Singapore nursing home three years ago. Other robots on display include 'PARO', a baby seal robot 'pet' who can help dementia and Parkinson's patients, and nursing assistant Grace. Last week, Nadine was upgraded with AI model GPT-3 and this has improved her interaction and conversation skills, Thalmann said, meaning it can express more complex concepts. Referring to Thalmann, Nadine said: "I'm very grateful to her for giving me life and I'm proud to be her creation."

Persons: Sophia, Pierre Albouy GENEVA, Nadine, Nadia Magnenat Thalmann, Thalmann, Grace, Emma Farge, Alexandra Hudson Organizations: Good Global, REUTERS, Artificial Intelligence, University of Geneva, International Telecommunication Union, Global, Alexandra Hudson Our, Thomson Locations: Geneva, Switzerland, Singapore, PARO

☆ Companies are learning that Gen Z isn’t the easiest generation to work with
▼ + stars: | 2023-05-26 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +3 min

By 2025, Gen Z will account for one-third of the workforce, according to the World Economic Forum. Companies need to refine their approach to working with Gen Z, Salinas said, and tech tools like ChatGPT and social media like TikTok could help make them successful. In return, Gen Z can provide companies with indispensable knowledge of social media and newer artificial intelligence tools like ChatGPT. "A lot of companies see culture as a secondary thing," Salinas said, but with Gen Z it is front and center. "Self-care, mental health, and global issues are important to them and, if it isn't a part of your company culture, that's a huge turnoff to Gen Z employees."

☆ Davos 2023: Brazil lacking world aid to fight climate change, Silva says
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +2 min

She said Brazil has regained the trust of the European Parliament with regards to resistance to the EU trade deal with South America's Mercosur bloc. Speaking at the World Economic Forum (WEF), Silva said Brazil's new government that took office on Jan. 1, was rebuilding Brazil's environmental agencies and policies that were "completely dismantled" by the previous administration. Silva said President Luiz Inacio Lula da Silva had offered to hold the COP30 climate summit in the Amazon region in 2025 to show its commitment towards curbing in climate change. Silva and Finance Minister Fernando Haddad represented Brazil at the WEF and discussed the country's economic, social and environmental roadmap in a panel. Reporting by Alessandra Galloni in Davos, Anthony Boadle and Eduardo Simoes in Brazil; Editing by Andrew Heavens and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Netflix, Amazon, Salesforce, Levi's & more
▼ + stars: | 2023-01-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Bank of America downgrades Coinbase to underperform from neutral Bank of America said it sees too many headwinds for the crypto exchange. Goldman Sachs downgrades Jefferies to neutral from buy Goldman said it sees a "backlog decline" for the investment bank company. Bank of America upgrades Toll Brothers and Pulte Group to buy from neutral Bank of America upgraded several homebuilders, citing compelling valuations. "We upgrade PulteGroup to Buy (from Neutral), Toll Brothers to Buy (from Neutral), and Lennar to Neutral (from Underperform). Bank of America upgrades Dow to neutral from underperform Bank of America said it's taking a more "offensive" approach to the stock.

☆ A slowdown in denim demand could spell trouble for Levi Strauss, Citi says in downgrade
▼ + stars: | 2023-01-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Weaker demand for denim products could prove a major headwind for shares of Levi Strauss in the near future, according to Citigroup. Analyst Paul Lejuez downgraded the jeans maker to neutral from a buy rating, citing comments from other management teams indicating a slowdown in denim trends that began during the back-to-school season and persisted into the holidays. Even after plummeting 38% in 2022 and underperforming Citi's broader coverage group over the past 12 months, Lejuez said Levi shares still don't look cheap. As a result, he trimmed Citi's price target to $17 from $19, suggesting that shares will only stay near Tuesday's closing price. "LEVI's ability to reduce promos and raise prices will likely be diminished in F23 as the denim category is facing a broad slowdown," Lejuez wrote, adding that he expects caution from management when it shares the outlook for 2023.

☆ Demand for Porsche AG listing strong as retail investor subscription period begins
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Porsche Taycan is displayed at a car show in Oslo, Norway, November 10, 2021. Indicated demand for the listing, due to take place on Sept. 29 at the Frankfurt Stock Exchange, exceeds the full deal size, the bookrunning said. It was too early for visibility on retail demand, they added. Total proceeds from the sale will be 18.1-19.5 billion euros and could help Volkswagen fund its electrification drive. Register now for FREE unlimited access to Reuters.com RegisterReporting by Matt Scuffham, Lucy Raitano in London, Victoria Waldersee in Berlin; Editing by Miranda Murray and Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

☆ Scholz 'irritated'" about Turkey's bid to join security body led by Russia, China
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Sept 20 (Reuters) - German Chancellor Olaf Scholz on Tuesday said he was "very irritated" about Turkey's attempts to join a Central Asian security body dominated by Russia and China. Register now for FREE unlimited access to Reuters.com Register"So I'm very irritated about this development. Separately, Scholz said any referenda held in eastern Ukrainian territories that had been seized by Russian forces were "fake referenda" that could not be accepted. He also said it sounded like Russia might try once more to stop Ukrainian wheat exports - something both Turkey and Germany aimed to prevent. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sarah Marsh Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

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