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☆ 4 stocks set to benefit from China's stimulus measures while also hedging geopolitical risk: $21 billion firm's portfolio manager
▼ + stars: | 2024-10-14 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The Chinese stock market soared after news of a stimulus package but plunged again on Wednesday. Risk remains high in Chinese stocks, which is why investors should exercise caution. The recent volatility in the Chinese market doesn't come as a surprise to Zehrid Osmani, portfolio manager at $21 billion Martin Currie. Valuations are low coming out of the pandemic, creating an attractive entry point into the market, Osmani said. He points to some structural challenges the Chinese economy faces, such as an aging population and a slump in the property sector.

Persons: —, Zehrid, Martin Currie, Osmani Organizations: Service, Investor, Bank of America, Companies, Martin Currie Global Portfolio Trust Locations: China, Shanghai, Beijing, Taiwan, Omani

The drivers have acknowledged Sunday's showdown at Phoenix Raceway lacks the hype of years past, but NASCAR pushed back as the weekend arrived. “We have a playoff system that I believe is the toughest in sports,” NASCAR President Steve Phelps said. With that will come personality. With that will come some storytelling.”He acknowledged NASCAR could do more for its young stars and said industry leaders are actively discussing increased engagement and storytelling. “I think we have a big opportunity as a sport because we have a crop of young drivers for fans to come in and embrace,” he said.

Persons: Kyle Larson, Christopher Bell, Ryan Blaney, William Byron —, Larson, Bell, Byron, Blaney's, Steve Phelps, ” Phelps, We’ve, Blaney unprompted, Dale Earnhardt Jr, Chase Elliott, Joey Logano, Kevin Harvick, Kyle Busch, Ross Chastain, Bubba Wallace, Martin Truex Jr, Denny Hamlin, Blaney, Steve O'Donnell, ” O'Donnell, “ We’re, ”, “ We’ve Organizations: NASCAR, Phoenix, “, Los Angeles Memorial Coliseum, Netflix Locations: AVONDALE, Ariz, We’re, North America

AVONDALE, Ariz. (AP) — The oddsmakers named Kyle Larson the favorite to win the NASCAR championship, but half the field believe the person with the best chance to celebrate Sunday will be a spectator at Phoenix Raceway. “I told Erin, ‘You’ve have the best percentage to be happy after the race, a 50% shot to be happy,” Blaney said Thursday at Phoenix Raceway. Larson and Christopher Bell, longtime rivals in dirt track racing, have settled any past beefs and Byron and Blaney are already referring to each other as family. He was the final driver to qualify last Sunday at Martinsville Speedway, then had to scramble to book his trip out West in time for NASCAR championship obligations. But I just need to win and bring a championship back.”___AP auto racing: https://apnews.com/hub/auto-racing

Persons: Kyle Larson, Erin Blaney, It's, Ryan Blaney, William Byron, Blaney, ”, “, Erin, ‘ You’ve, ” Blaney, William, he's, Larson, Christopher Bell, Byron, Bell, Kyle, Chris, it's, NASCAR Hall of Famer Dale Earnhardt Jr, They're, ” Earnhardt, ” Byron, Dale Jarrett, He's, Jeff Gordon, ” LARSON, “ Cooper, Katelyn, ” BLANEY, PRIDE Blaney, Dave, Dale, Lou, Joe Gibbs Racing, Martin Truex Jr, Denny Hamlin, ” Bell Organizations: NASCAR, Phoenix Raceway, NBC, NASCAR Hall of Famer, WILLIE, Martinsville Speedway, American Airlines, PRIDE, Outlaws Locations: AVONDALE, Ariz, Phoenix, North Carolina, Charlotte, Ohio

☆ Martin Sheen and Melissa Fitzgerald: ‘We are all dancing on the edge of the abyss’
▼ + stars: | 2023-09-18 | by ( Opinion Martin Sheen | Melissa Fitzgerald | ) edition.cnn.com time to read: +7 min

Melissa Fitzgerald is an actress and director of strategic engagement for All Rise, founded as the National Association of Drug Court Professionals, a training, membership, and advocacy organization for justice system innovation and reform. These public health and public safety crises are among the paramount social challenges of our time. And of course, we need to develop an ever-growing workforce of licensed addiction treatment providers to deliver services. Treatment courts are a shining example of how the justice system can, and should, provide a public health-oriented response to addiction. This year alone, 4,000 treatment courts will refer 150,000 people to treatment and recovery support.

Persons: Martin Sheen, Melissa Fitzgerald, Melissa —, —, Andy, “, ” Melissa Fitzgerald Leah Puttkammer, Martin Sheen Michael Kovac, we’ll Organizations: Golden Globe, National Association of Drug Court, Public, CNN, AFI, US Centers for Disease Control, National Center, Substance, Welfare, Mental Health Administration, Research, Kennedy Center Locations: telehealth, Chicago, Washington , DC

☆ Rippers roll in Adelaide as LIV lands Down Under
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, April 20 (Reuters) - After falling short in their bid to gatecrash the Masters, the stars of LIV Golf break fresh ground in Adelaide this weekend when they take the rebel tour to Australia for the first time. The fourth of the 14 events on the schedule in the second season of LIV Golf was all but guaranteed a warm reception Down Under, despite concerns in some quarters that its Saudi backers are engaged in "sportswashing". "Obviously we're going there to win," said the 29-year-old world number six, who defected to LIV for a reported $140 million after his British Open triumph last year. Former world number one and twice major champion Martin Kaymer will make his return after six months on the sidelines recovering from a wrist injury as captain of "Cleeks". Having been pointedly excluded from Augusta, LIV Golf Commissioner Greg Norman has been ubiquitous in the media in his homeland this week promoting his product.

☆ Buy-now, pay-later kingpin Klarna's valuation dropped from $45.6 billion to $6.7 billion in 2022. Its CEO wants a 'sane market' before IPO.
▼ + stars: | 2022-12-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Buy-now, pay-later firm Klarna wants 'a sane market' before IPO. The company is losing hundreds of millions of dollars annually, but says it is reducing credit losses. Klarna took a valuation haircut to $6.7 billion and carried out two rounds of job cuts in 2022. At one time, the company was the most highly valued startup in Europe with a valuation of $45.6 billion. That plunged by 85% to just $6.5 billion as the company raised again this year in a tougher market.

Mulțumesc celor de la Mobiasbanca și partenerilor săi.” zice Vladimir Zmeu, client Mobiasbanca – OTP Group. “Marcăm ultimul eveniment din seria celor dedicate Tombolei Agro și astfel, încheiem frumos campania promoțională de primăvară dedicată sectorului agricol. Țin să le mulțumesc, de altfel, tuturor partenerilor din cadrul Tombolei Agro pentru participare, încredere și proactivitate” – declară Tatiana Maximov, șef departament Agro Business. Tombola AGRO a fost realizată cu sprijinul a 9 parteneri importanți ai Mobiasbanca – OTP Group: Agroprofi, Vadalex agro, WeTrade, Carvidon Service, Agropiese TGR, Lukoil, Agarista Agro, Vero-Nadina, Elit Tehnica. #agricultura pe upgradecu Mobiasbanca – OTP Group.

Persons: Tatiana Popescu, Elena, Vladimir Zmeu, WT, Igor Ciudnîi, Ion Martin, Tatiana Organizations: OTP Group, Group, Service, Business Locations: Republicii Moldova, Republica Moldova, Lukoil

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