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Nearly 50,000 people from 200 countries — including, for the first time, the Taliban rulers of Afghanistan — were in Azerbaijan for this year’s United Nations Climate Change Conference, with the goal of reaching a critical deal on climate finance. Participating world leaders Tuesday at the United Nations Climate Change Conference. “It is really disappointing to see that world leaders haven’t shown up in force in solidarity,” she added. While Trump “may put climate action on the back burner,” U.S. climate envoy John Podesta said, “the work to contain climate change is going to continue.”U.S. Energy Secretary Jennifer Granholm said states, cities, nongovernmental organizations and companies are still “all-in” on pursuing climate goals. British Prime Minister Keir Starmer speaks Tuesday on day two of the COP29 climate conference.

Persons: Donald Trump, Alexander Nemenov, General Ban, ”, Ruth Townend, COP29, Joe Biden, Xi Jinping, Keir Starmer, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Shigeru Ishiba, ” Townend, haven’t, Matiul Haq Khalis, Laurent Thomet, Trump, John Podesta, Jennifer Granholm, ” Granholm, Darren Woods, Who, Ilham Aliyev, Carl Court, Getty Images Aliyev, Adel, Lord Adair Turner, Britain, “, James Marape, Marape, Asadullah Jawid Organizations: Change, United Nations, Getty, World Meteorological Organization, House, Pacific, British, Seven, Canadian, Japanese, Environmental Protection Agency, Getty Images, U.S . Energy, Infrastructure Law, NBC, Exxon, Independent, Climate Finance, U.S, Energy, Commission, Union, Baku, American University of Locations: BAKU, Azerbaijan, Afghanistan, United States, Paris, AFP, London, Baku, U.S, ”, Saudi, Adel Al, Saudi Arabia, Saharan Africa, China, Papua New Guinea, American University of Afghanistan

Were Trump to follow through on his vow to impose tariffs on imports on Europe as well as from China, they would likely deviate further. There is also uncertainty across the continent about what the new White House will mean for the war in Ukraine. In their view, China could help to pressure Russia over Ukraine as Xi loses patience with a war he did not expect would drag on for almost three years. One senior European diplomat said that while China has never explicitly condemned Russia’s invasion of Ukraine, it has helped in other ways to rein in Moscow. continues to say that Ukraine will negotiate when Ukraine wants to negotiate,” another European official said, “and that the E.U.

Persons: Donald Trump, don’t, Trump, Vladimir Putin, “, Olaf Scholz, Putin, Sydney Walsh, Volodymyr Zelenskyy, ‘, Mike Waltz, Xi, Sergey Bobylev, ”, Keir Starmer, Xi Jinping, Starmer, Jimmy Lai, Scholz, Emmanuel Macron, David Lammy, Wang Yi, Liu Bin, Joe Biden, Wu Xinbo, ” Wu, ” Cao Lei, Kim Jong, trickier, ” Keir Simmons, Jennifer Jett Organizations: NBC, Union, NBC News, “, U.S, Economist, Chinese Communist Party, Getty Images, ”, Group, British, Xinhua News Agency, Getty, Trump, Center for American Studies, Fudan University, University of Hong Kong’s, Contemporary, Foreign, South China Locations: DUBAI, United Arab Emirates, Beijing, Brussels, China, Europe, Ukraine, we’ll, Kazan, Russia, Anadolu, South, Taiwan, Moscow, Rio de Janeiro, Britain, Hong Kong, British, Shanghai, “, Contemporary China, “ China, European, North Korea, U.S, Dubai

The first emperor penguin found in Australia has been released after spending 20 days in the care of a wildlife expert, the Australian government said Friday. The bird, nicknamed Gus by its caretaker, was released from a vessel off the southern coast of Western Australia on Wednesday morning, according to the state’s Department of Biodiversity, Conservation and Attractions. The team initially weighed the penguin at about 50 pounds, only around half the weight of a healthy male. “Good luck, Gus,” Biddulph shouted with a smile after the penguin dived into the water and swam away from the vessel. Don’t stop for anyone.”It remains unknown how the bird ended up arriving in Australia from its icy Antarctic home.

Persons: Gus, Carol Biddulph, “, ” Biddulph, Biddulph, Don’t Organizations: Western Australia, state’s Department of Biodiversity Locations: Australia, Western

☆ Asia-Pacific markets set to rise as investors assess Japan inflation data
▼ + stars: | 2024-11-22 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesAsia-Pacific markets were set to open higher Friday, tracking a rally on Wall Street, with the S&P logging gains for a fourth straight day. Investors in Asia will assess Japan's October consumer price index data. Singapore is also set to release its third-quarter GDP data, with growth anticipated to accelerate to 4.6% year on year from 4.1% in the prior quarter, according to LSEG data. Hong Kong's Hang Seng index futures were flat from its last close at 19601.11.

Persons: Akio Kon Organizations: Bloomberg, Getty Images, Investors, Reuters, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images Asia, Pacific, Asia, Singapore, Chicago, Osaka, 19601.11

☆ CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. [PRO] Stimulus boosting Chinese marketsChinese markets are "turning a corner" after the Beijing unleashed several stimulus measures to boost the economy, said HSBC . "The market has so far reacted positively to these initiatives,' analysts from HSBC wrote in a Nov. 19 note, in which they picked two Chinese stocks to hold for 2025.

Persons: Hong, Aftereffects, Gautam Adani, CNBC's Ganesh Rao Organizations: CNBC, U.S . Department of Justice, Google, Chrome, Nikkei, Bank of Japan, Reuters, Adani, Motors, Germany's Volkswagen, Nissan, HSBC Locations: Asia, Pacific, Japan, U.S, India, China, Beijing

☆ China’s richest man blasts tech giants and government inaction in rare rebuke
▼ + stars: | 2024-11-22 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

It is very unusual for Chinese businesspeople to take public aim at the government and those who have done so have often faced repercussions. In particular, Pinduoduo’s pricing system has done great harm to China’s brands and its industries,” he was quoted as saying by state-owned media outlet The Paper. In further remarks from the same press conference that were not widely reported by state media, Zhong singled out the Chinese government for not doing more to stop the trend. CNN has reached out to Nongfu Springs and PDD (PDD) for comment. A worker prepares to transfer packages after sorting at a warehouse for an e-commerce company in Beijing on November 11, 2024.

Persons: Hong Kong CNN —, Zhong Shanshan, Zhong, Pinduoduo, Alibaba, Jack Ma, Ma, Colin Huang, Wang Zhao, Zhong’s, Huang Organizations: Hong Kong CNN, PDD Holdings, Sina Technology, CNN, Ant Group, Alibaba, Getty, Bloomberg Locations: China, Hong Kong, Beijing, AFP

☆ China is armed and ready for trade war 2.0 with Donald Trump
▼ + stars: | 2024-11-22 | by ( Juliana Liu | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was riding high. There was even talk it could soon overtake the United States as the world’s largest. But last year, Mexico overtook China as the top exporter of goods into the United States, according to the Commerce Department. China had held that perch for 20 years before its exports to the United States fell by 20% to $427 billion last year. Women walk at a fashion accessories store displaying a poster to promote Singles' Day discounts at a shopping mall in Beijing, China, on November 11, 2024.

Persons: Donald Trump, Trump, ”, Dexter Roberts, Joe Biden, Matthews, Wang Shouwen, ” Andy Rothman, “, Liza Tobin, Calvin Klein, Tommy Hilfiger, Beijing’s, don’t, Sean Callow, Callow, Andy Wong, Rothman, Xi Jinping, Larry Hu Organizations: Hong Kong CNN —, Trump, Atlantic Council, Commerce Department, Matthews Asia, Treasury, CNN, PVH Corp, Bain & Company, ITC Markets, US, Peterson Institute, National Bureau of Statistics, Gross, Macquarie Bank Locations: China, Hong Kong, Beijing, United States, Mexico, Lianyungang, US, Xinjiang, —, Shanghai, New York, “

☆ HSBC names 2 China stock picks for 2025 — and gives one over 70% upside
▼ + stars: | 2024-11-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are "turning a corner" following a series of government stimulus measures , HSBC said, naming its top stock ideas for 2025. Here are two of the stocks HSBC likes: KE Holdings HSBC is bullish on real estate player KE Holdings (or Beike), and considers it a key beneficiary of "China's 2025 inflection point." KE Holdings "has the highest earnings sensitivity to a recovery in property sales in both the primary and secondary markets," he added. KE Holdings' shares are listed on the Hong Kong Exchange and trade as an American Depositary Receipt (ADR) in the U.S. under the ticker BEKE . Hongfa Technology HSBC is also bullish Hongfa Technology and has a target price of 48.10 Chinese yuan ($28.30) on the stock, giving it around 50% upside.

Persons: Oliver Yu, Goldman Sachs, Morgan Stanley, Yu, Corey Chan, Chan, — CNBC's Michael Bloom Organizations: HSBC, KE Holdings HSBC, Holdings, HSBC Global Research's, Real, KE Holdings, Hong Kong Exchange, Hongfa Technology HSBC, Technology, HSBC Qianhai Securities, Shanghai Stock Exchange, iShares Global Tech ETF, Fidelity MSCI Locations: China, U.S

☆ Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
▼ + stars: | 2024-11-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."

Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian

HONG KONG — Authorities in northern China are searching for a wild tiger, after it attacked two men and left one of them needing surgery. Social MediaFollowing the attack, the Heilongjiang Forestry and Grassland Administration held an emergency meeting Monday evening, identifying the animal that caused the injury as a Siberian tiger. Siberian tigers are the world’s largest cats, can weigh up to 660 pounds and grow to be almost 11 feet long. A Siberian tiger. Philipp Schulze / DPA via Getty Images fileAnyone injured in Heilongjiang by wild Siberian tigers is eligible for economic compensation, Northeast China Tiger and Leopard National Park said in a statement.

Persons: Liu Dan, Philipp Schulze Organizations: HONG KONG — Authorities, Social, Grassland Administration, Research, Getty, Northeast China Tiger, Leopard, country’s National Forestry and Grassland Administration, Conservation Alliance Locations: HONG KONG, China, Boli County, China's, Heilongjiang, Heilongjiang Forestry, Russia, Boli

An American citizen has died at a popular adventure spot in Laos where alcohol tainted with methanol has been blamed for a spate of poisonings in recent days. The State Department said the U.S. citizen died in Vang Vieng, a town popular with backpackers to the north of the South East Asian country’s capital. Citing confidentiality, it would not comment when asked whether they died of methanol poisoning. One of South East Asia’s poorest countries, authorities in Laos have long cautioned foreign travelers about tainted drinks at nightclubs and bars. Duong Duc Toan, the manager of Nana Backpack hostel displays a bottle of vodka at his bar in Vang Vieng, Laos, on Tuesday.

Persons: ”, Anthony Albanese, Bianca Jones, Holly Bowles, “, ” Albanese, Bowles, Jones, Vang Vieng, Nana Backpacker, Duong Duc Toan, Nana, Anupam Nath, Penny Wong Organizations: State Department, South East, NBC, Australian, Associated Press, NBC News, AP Locations: American, Laos, Vang Vieng, “, Thailand, Vang, Thailand’s Bangkok, ”, East, Australia, New Zealand

☆ Viral banana artwork has sold again — this time for $6.24 million
▼ + stars: | 2024-11-21 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” has proven a sound investment for one collector: One of the artwork’s three “editions” smashed estimates to sell for $6.24 million at a Sotheby’s auction in New York on Wednesday. The auction house had estimated the work to go for between $1 million to $1.5 million; bidding began at $800,000. Prior to the sale, Sotheby’s confirmed to CNN that neither the tape nor, thankfully, the banana are the originals. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary.

Persons: Maurizio Cattelan’s, ”, , Oliver Barker, Sotheby’s, Justin Sun, ” Sun, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: New York, Miami, Americas, Seoul, South Korea, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

☆ Hong Kong is "on the ascendancy" in entertainment, says events CEO
▼ + stars: | 2024-11-21 | 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 EmailHong Kong is "on the ascendancy" in entertainment, says events CEOMichael Denmark of Great Entertainment Group talks about the recovery of Hong Kong's events economy and its status as a destination of choice for live entertainment.

Persons: Michael Denmark of Organizations: Hong, Michael Denmark of Great Entertainment Group Locations: Hong Kong

☆ HSBC names 3 'underappreciated' Asian stocks to watch in 2025 — giving one 63% upside potential
▼ + stars: | 2024-11-21 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Meituan HSBC is bullish on Meituan and has a target price of 220 Hong Kong dollars ($28.30) on the stock, giving it 25.8% upside potential. "Despite the macro challenges, Meituan's growth profile remains resilient," said Charlene Liu, HSBC Global Research's head of internet and gaming research for Asia-Pacific. Calling it a "best-in-class small-cap" idea, HSBC Global Research's India health-care analyst Damayanti Kerai believes it is "well positioned to sustain healthy growth." Kia's shares have been on an uptrend, gaining around 8% in the last five days. HSBC has a target price of 160,000 Korean Won ($114.80) on the stock, implying nearly 63.1% upside potential.

Persons: Charlene Liu, Liu, Damayanti Kerai, Kerai, Will Cho, Cho, — CNBC's Michael Bloom Organizations: HSBC, Hong, HSBC Global Research's, Morningstar, Hong Kong Exchange, Krishna, Medical Sciences, Bombay Stock Exchanges, Kia, Korea Exchange, Won Locations: Asia, Hong Kong, U.S, HSBC Global Research's India, Korean, HSBC Global Research's Korea, EU

☆ Want to live a rich life? Start by looking to the affluent.
▼ + stars: | 2024-11-21 | by ( Sponsored Mastercard | ) www.businessinsider.com time to read: +6 min

New Mastercard research shows affluent consumers enjoy optimizing their wallets with "financial gymnastics." While prioritizing experiences and legacy-building, affluent consumers don't accept anything less than the speediest and most convenient payment options. Those based in Asia Pacific tend to go even further, juggling approximately 7.5 payment methods. We see this every day in our work with banks across Asia Pacific: Affluent consumers are no longer motivated by simply accumulating assets. Reliable payment methods free up time that is better spent with loved ones or pursuing passions.

Persons: Sandeep Malhotra, prudently Organizations: Mastercard, Products, Innovation, Insider Studios Locations: Asia Pacific, India, Hong Kong

☆ How export finance is taking businesses from local to global
▼ + stars: | 2024-11-21 | by ( Sponsored Uk Export Finance | ) www.businessinsider.com time to read: +6 min

UK Export Finance's support helps UK businesses tap into global market opportunities. Small businesses like Premier Ship Models can get guarantees to help them access working capital and free guidance on the export finance options available. UK Export Finance (UKEF), the UK government's export credit agency, supports UK businesses to win contracts to export abroad by providing attractive financing terms for buyers, and fulfill those contracts with the help of working capital and trade finance. Since 2020, UKEF has steadily increased its support for small businesses, with more than half of the businesses it assists being small businesses. UKEF can support small businesses through its network of regional Export Finance Managers based around the UK who can provide free and impartial consultations to businesses on their export finance needs.

Persons: UKEF, Tim Reid, Rashid Lalloo, Lalloo, Craig Green, Mike Swift, Reid, — Organizations: Export, UK Export Finance, Models, Export Finance, Premier Ship Models, General Export Facility, Insider Studios Locations: New York, UKEF, Mauritius, Oman, Hong Kong, London

☆ Triller is hiring TikTok's former head of product to run its video app, as its other CEO hire falls through
▼ + stars: | 2024-11-21 | by ( Kenneth Niemeyer | Dan Whateley | ) www.businessinsider.com time to read: +5 min

AdvertisementTriller hired former TikTok product head Sean Kim to run its video app and a few other subsidiaries. Former T-Mobile marketing exec Kevin McGurn will no longer join as CEO of all of Triller Group. Triller, a media and marketing company that once positioned itself as a competitor to TikTok, announced it's hiring former TikTok product head Sean Kim to serve as CEO of its video app. Starting on December 2, he will oversee the Triller app, a short-video platform that functions similarly to TikTok, Instagram reels, and YouTube shorts. The Triller Group CEO title was meant to go to former T-Mobile marketing executive Kevin McGurn, as announced by the company in October.

Persons: Triller, Sean Kim, Kevin McGurn, TikTok, Kim, Julius, McGurn, it's, Donald Trump Organizations: Mobile, Triller, Holding, Triller Group, AGBA, Sony Music, Universal Music Group, SEC, Congress, YouTube Locations: Hong Kong, Triller

☆ Who is Jimmy Lai, the Hong Kong media tycoon facing a life sentence in a national security trial?
▼ + stars: | 2024-11-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Now 77, he's facing a life sentence in a national security trial in Hong Kong. I would just relay to him what happened in Hong Kong when he asked me," Lai said in court, per Reuters. This mass sentencing of Hong Kong's activists was also based on charges under Hong Kong's national security law. Related storiesThe imposition of the national security law marked the effective end of Hong Kong's political autonomy from China. "Above all else, the implementation rules have the potential to radically criminalize online speech in Hong Kong," Woodhams said.

Persons: Jimmy Lai, Kong's, Lai, Hong Kong's, Mike Pence Organizations: Hong Kong, Apple, China, White House, Democracy Locations: Hong, Hong Kong, China, Northern California

The United States said Wednesday that its embassy in the Ukrainian capital, Kyiv, had closed after receiving "specific information of a potential significant air attack." "Out of an abundance of caution, the Embassy will be closed, and Embassy employees are being instructed to shelter in place," it said in a security alert, recommending U.S. citizens take shelter if an air alert is announced. Shutting the embassy is not an unprecedented move amid the war, which reached its 1,000th day Tuesday. Searchlights look for Russian drones in the skies over Kyiv, in the early hours of Wednesday morning. Moscow could justify a nuclear strike if subject to an attack by a nonnuclear country that is supported by a nuclear country, according to the revised doctrine.

Persons: Serhii, Gleb Garanich, Vladimir Putin Organizations: Embassy, Kyiv’s, Military Administration, Reuters Locations: States, Kyiv, Ukrainian, Russian, Dniprovskyy, Ukraine, Bryansk, Moscow

☆ Former Hong Kong publisher Jimmy Lai begins to testify in his national security trial
▼ + stars: | 2024-11-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

HONG KONG — Former Hong Kong publisher Jimmy Lai began testifying Wednesday in his landmark national security trial that is widely seen as a measure of press freedom and judicial independence in the Chinese territory. He is fighting charges of colluding with foreign forces to endanger national security and conspiring with others to issue seditious publications. Lai, 76, faces up to life in prison if convicted under a national security law imposed by Beijing. But critics say that promise has become threadbare under the rubric of maintaining national security. It added that judges remain independent and partial when handling national security cases.

Persons: Jimmy Lai, Lai, Roman Catholic Cardinal Joseph Zen, Anthony Wallace, Mike Pence, Mike Pompeo, William Wong, Wong, Kongers, “, ”, Donald Trump, Xi Jinping, Hong, John Lee, Lai ., Keir Starmer, Xi, Chris Tang, Sebastien Lai, Doughty, Chambers, Jodie Ginsber Organizations: Roman Catholic, Catholic, Apple Daily, Getty, British, Authorities, Prosecutors, Beijing “, U.S, American, United Nations, Capitol, Protect Journalists, Hong Locations: HONG KONG, Hong Kong, Beijing, AFP, United States, U.S, Lai . British, British, Brazil, Hong, Britain, Washington

☆ Indian international students in the US outnumber Chinese for the first time in 15 years
▼ + stars: | 2024-11-20 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

A changing ChinaIt was a different world in the late 2000s and early 2010s, when Chinese students first began surging overseas. In 2020, the US revoked visas for more than 1,000 Chinese students and researchers deemed security risks. In January this year, Chinese foreign ministry spokesperson Wang Wenbin said in a briefing that “dozens of Chinese nationals, including international students, have been forcibly deported by the US each month.” He decried it as “discriminatory,” urging the US to protect the rights of Chinese students abroad. The Covid yearsThe number of Chinese students in the US plunged during the pandemic and hasn’t rebounded since. “Since the economic sanctions and tech restrictions started in 2018, many (Chinese) students have been sent back home,” one user wrote on Weibo.

Persons: “, ”, Mallie Prytherch, ‘, ’, Donald Trump’s, ” Prytherch, Trump, Prytherch, Joe Biden, Wang Wenbin, Li Jing, hasn’t, Mirka Martel, Steven Hon, didn’t, Hon, Marianne Craven, they’ve Organizations: Hong Kong CNN, Education consultancies, State Department, of International Education, University of Hong Kong’s, Contemporary, Beijing, World Trade Organization, Games, America, Fulbright, Trump, Tsinghua University, CNN, Institute of International Education, Education, –, Ivy League Locations: Hong Kong, United States, China, India, America, Contemporary China, “, Beijing, cybersecurity, Macau, Weibo, Canada, Australia, American

☆ Lower interest rates will help Hong Kong meet GDP forecasts: Financial Secretary
▼ + stars: | 2024-11-20 | 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 EmailLower interest rates will help Hong Kong meet GDP forecasts: Financial SecretaryPaul Chan, Hong Kong's Financial Secretary discusses the outlook for Hong Kong's economy ahead of a second Trump Presidency.

Persons: Paul Chan Organizations: Hong, Trump Presidency Locations: Hong Kong

☆ Smuggler arrested with 300 tarantulas strapped to his body
▼ + stars: | 2024-11-20 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —Police in Peru have arrested a man caught trying to leave the country with 320 tarantulas, 110 centipedes and nine bullet ants strapped to his body. The insects were packaged inside plastic containers and bags strapped to the man's abdomen. SERFOR/ReutersA search revealed hundreds of insects packaged inside ziplock bags strapped to his abdomen, according to the statement. Tarantulas are a threatened species, Walter Silva, a wildlife specialist at SERFOR, explained in the statement. SERFOR officials display the confiscated insects.

Persons: Jorge, Walter Silva, Reuters “, ” Silva Organizations: CNN — Police, Korean, Police, Reuters, El Locations: Peru, Lima, South Korea, France, Dios, Peruvian, American, Colombia, El Dorado, Bogotá, Hong Kong

☆ Milan’s Via Monte Napoleone is now the world’s most expensive shopping street
▼ + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Milan’s Via Monte Napoleone has beat out New York’s Fifth Avenue to become the world’s most expensive shopping street, marking the first time a European city has topped the rankings. The Gucci store on Fifth Avenue in New York City, seen in March 2024. In April, Gucci parent Kering paid €1.3 billion ($1.4 billion) to acquire a building on Via Monte Napoleone from a subsidiary of Blackstone. The world’s 10 most expensive shopping locations, by rent per square foot, according to Cushman & Wakefield:1. Via Monte Napoleone, Milan2.

Persons: Thomas Casolo, ”, Gucci, Michael M, Robert Travers, Kering, Blackstone . Chanel, Versace, Cartier, Celine Organizations: London CNN, New, Cushman &, Bond, Hong, Cushman, Wakefield’s, Italy, CNN, Via, Blackstone ., Henley & Partners, Cushman & Wakefield, New Bond, Tsui, Pitt, Mall Locations: Napoleone, Cushman & Wakefield, Paris, New York City, Europe, East, Africa, Via Monte Napoleone, Bottega, Milan, New York, London, Hong Kong, Ginza, Tokyo, Bahnhoftstrasse, Zurich, Sydney, Myeongdong, Seoul, Kohlmarkt, Vienna

☆ U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
▼ + stars: | 2024-11-20 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 19, 2024. An "industrial renaissance" in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong. "There is so much demand for capital, [including through debt and equity] ... What's going on is nothing short of extraordinary," Rowan said on Tuesday during a panel discussion. "What we're watching is this incredible demand for capital happening against a backdrop of a U.S. government that is running significant deficits. Rowan and other panelists also identified energy and data centers — needed for artificial intelligence and digitization — as growth sectors requiring more capital.

Persons: Jonathan Gray, Ron O'Hanley, Ted Pick, Morgan Stanley, Marc Rowan, David Solomon, What's, Rowan, Donald Trump Organizations: Blackstone Inc, State Street Corp, Apollo Global Management LLC, Goldman Sachs, Inc, Global Financial, Investment, Apollo Global Management, Blackstone Locations: Hong Kong, China, U.S

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