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Archaeologists uncover ancient pot of gold
  + stars: | 2024-08-08 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +5 min
Researchers discovered the stash in Notion, an 80-acre fortified city that was occupied from about the sixth century BC to the first century AD. “No one ever buries a hoard of coins, especially precious metal coins, without intending to retrieve it. One gold coin would have been the equivalent of a month’s salary for a mercenary soldier, according to the University of Michigan. Those were known as Persian silver sigloi, 20 of which would equate to one gold coin. Because of the gold coin’s high value, “it was far more efficient to store wealth in gold coins than in silver,” he added.
Persons: , Christopher Ratté, , Alexander the, Persian King Darius, Peter van Alfen, ” van Alfen, Ratté, van Alfen, Herodotus Organizations: CNN, University of Michigan, American Numismatic Society, Spartan Locations: Turkey, Persian, Persia
Why It Matters: The timing of interest rate cuts depends on dataInvestors are watching for signs that the European Central Bank will lower interest rates, which policymakers last week held at a record high of 4 percent. The numbers released on Thursday could raise expectations that rates may come down sooner rather than later. Core inflation, the rate of inflation that excludes the volatile prices of food and energy, continued its downward trend, cooling to 3.3 percent in January from 3.4 percent in December. That figure is crucial to the E.C.B., as it reflects underlying trends in prices across the eurozone. will remain cautious, he said, “and will not contemplate any rate cut before June.”
Persons: Christine Lagarde, , Peter Vanden Houte, Organizations: European Central Bank, ING Locations: midyear, Germany, Europe’s
Ten-year Treasury yields hit a 16-year high of 5.021% in late October, but have fallen back to 4.414%. Some big investors and advisers believe, however, that reasons to cheer are short-lived and growing concerns over the economy will start weighting on asset prices early next year. His focus now is more on earnings, credit markets and broader economic data for signs of a potential slowdown. The U.S. presidential race next year is also a concern because it could be a source of more market instability. For a new boost in market performance, tech stocks will depend more on showing how AI can lift results, investors said.
Persons: We've, Ryan Israel, Bill Ackman's, Mohamed El, Peter van Dooijeweert, Max Gokhman, Franklin Templeton, Bill Gross, van Dooijeweert, Carolina Mandl, David Randall, Svea, Bayliss, Megan Davies, Leslie Adler Organizations: Nasdaq, Bill Ackman's Pershing, Capital Management, Allianz, Group's Solutions, U.S, Reuters, Microsoft, Wall, Svea Herbst, Thomson Locations: extrapolating, U.S, China
This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.
Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, , Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, , ” Rabin, ” Arafat, , Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah
FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. The remaining 45% saw a cut sometime before the ECB Governing Council meets in July. The results are similar to a survey last month where 58% expected no cut before the July meeting. The ECB, which began raising rates several months later than the Fed, could weaken the euro and introduce unwanted imported inflation if it moved before the Fed. The jobless rate was expected to rise only slightly to 6.7% from the current 6.5% by end-2024, the poll showed.
Persons: Heiko Becker, Christine Lagarde, , Peter Vanden Houte Organizations: European Central Bank, Reuters, REUTERS, ECB, ING, U.S . Federal Locations: BENGALURU, Frankfurt, Germany
Next, Swinkels likes developed market equities, which include stocks in countries like France, Germany, the UK, Australia, Japan, and more. The iShares MSCI EAFE ETF (EFA) offers exposure to developed market stocks outside of the US and Canada. Exchange-traded funds like the Schwab Emerging Markets Equity ETF (SCHE) or the Vanguard FTSE Emerging Markets ETF (VWO) are one way to invest in emerging market stocks. "The CAPE ratio of global real estate is currently 13.3, well below its average of 19.4 since 2000," Swinkels said. One way to invest in real estate without buying properties directly is through real-estate investment trusts, also known as REITs.
Persons: Laurens Swinkels, Peter van der, Swinkels, we've Organizations: Federal, iShares, Yield Corp, Exchange, Schwab, Equity, Vanguard FTSE, Markets, Simon Property Group Locations: France, Germany, Australia, Japan, Canada, China, Brazil, India, Saudi Arabia
IKEA stores owner Ingka plans recycling expansion
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
Ingka Investments' Peter van der Poel told a panel at the Reuters IMPACT conference in London that a recycling initiative in the Netherlands would be expanded to markets including France, Belgium and Scandinavia. "The thing here is to understand in many markets in Europe, still incineration is incentivised (over) recycling. Ingka Investments is the investment arm of Ingka Group, which owns and operates the majority of IKEA stores. Investing in what it calls the circular economy, which includes recycling, is part of Ingka's sustainable investment portfolio, alongside renewable energy and forests. Van der Poel says this is viable because Ingka has an investment horizon of "generations", out to 100 years.
Persons: Anna Ringstrom, Peter van der Poel, Van der Poel, Tommy Reggiori Wilkes, Emma Rumney, Simon Jessop, Jan Harvey Organizations: REUTERS, Ingka, Ingka Investments, Reuters IMPACT, Investments, IKEA, Thomson Locations: Stockholm, Sweden, Europe, London, Netherlands, France, Belgium, Scandinavia, North America
REUTERS/John Muchucha Acquire Licensing RightsSummaryCompanies Fossil fuel subsidies hampering green energy rolloutMore clarity needed on rules for carbon marketsCalls echo Africa Climate Summit on faster actionLONDON, Sept 6 (Reuters) - Ditch fossil fuel subsidies, agree the rules for carbon markets and provide more finance to emerging markets. That was the clear message from business leaders at the Reuters IMPACT conference in London on Wednesday about what they say needs to happen at the forthcoming COP28 climate summit. The meeting of world leaders in Dubai beginning late November is seen as a crucial test of countries' willingness to accelerate action to limit global warming, with efforts so far doing little to stem global carbon emissions. Despite this, failure to remove fossil fuel subsidies would make it harder to expand renewable energy in some countries, Ingka's van der Poel said. "My concern is that we have very little hopes for that ambition to be raised during COP28," she said.
Persons: John Muchucha, Peter Van der Poel, Anél Bosman, Ingka's van der Poel, Helena Viñes, Preeti Srivastav, Andy Griffiths, Richa Naidu, William James, Helen Reid, Simon Jessop, Alexander Smith Organizations: REUTERS, Reuters IMPACT, Ingka Investments, Africa Climate Summit, Nedbank Corporate, Investment Banking, Sustainable Finance, Asahi Europe, Diageo, Thomson Locations: Nairobi, Kenya, London, Dubai, Africa
But Mahaffy's research found that it is not necessarily because companies have leaned away from socially conscious strategies. Instead, she pointed a growing use of the term "sustainability," as well as other words like "climate" or "decarbonization" that fall under the ESG umbrella. It comes at a time when ESG has become increasingly fraught in the political sphere. Mahaffry noted that areas like the U.S. where ESG has received the most scrutiny have seen the biggest drops in use of the term on earnings calls. On WestRock's earnings call earlier this month, Sewell told listeners: "This is just one example of many of how WestRock's unique capabilities position us for growth."
Persons: , Sara Mahaffy, ESG, it's, Williams, Alan Armstrong, Peter Vanacker, David Gitlin, Marvin Ellison, Joseph Dominguez, Dominguez, Robert Venkat Pragada, Whitney, REI, Satya Nadella, David Sewell, Sewell, Michael Bloom Organizations: RBC Capital, LyondellBasell Industries, Carrier, Constellation Energy, Engineering, Jacobs Solutions, Pratt, Microsoft, Sustainability, Costco Locations: U.S, ESG
The change drew the ire of several P&G investors. Its new forestry policy could put it at odds with a European Union deforestation law coming into effect in about 18 months banning certain goods linked to deforestation and forest degradation. "Our ongoing efforts to keep forests as forests while continuing to serve consumers with superior-performing products, all of those efforts remain unchanged." In its new forestry policy, P&G, which also makes Tide detergent and Dawn dish soap, consolidates existing guidelines for paper packaging and palm oil, used throughout its portfolio of products. The NRDC late last year filed a complaint with the U.S. Securities and Exchange Commission (SEC) to evaluate if P&G's claims that it prohibits forest degradation were materially misleading investors.
Persons: Leslie Samuelrich, Jack McAneny, McAneny, Elrod, Gaurav Madan, Madan, Shelley Vinyard, Vinyard, Peter van der, Jessica DiNapoli, Aurora Ellis Organizations: YORK, Procter, Gamble, Green, Funds, Reuters, Commodities, United, Food, Agriculture Organization, BNP, Asset Management, Natural Resources Defense, BlackRock, Street, UBS, Legal, General, Natural Resources Defense Council, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Cincinnati, Latin America, Europe, Canada, U.S, Robeco, New York
British actors Bel Powley and Joe Cole play Miep and Jan, with Liev Schreiber as Otto Frank. Only Otto Frank survived. Anne Frank's (1929-1945) world famous diary charts two years of her life from 1942 to 1944, when her family were hiding in Amsterdam from German Nazis. Anne Frank has particularly been in the zeitgeist in recent years, with the 2021 French animated film “Where Is Anne Frank,” a magical retelling of her story loosely based on the 2018 graphic novel; the 2022 Dutch Netflix movie “My Best Friend Anne Frank,” based on the book “Memories of Anne Frank: Reflections of a Childhood Friend”; the controversial, eventually pulled 2022 book “The Betrayal of Anne Frank”; and “After the Annex: Anne Frank, Auschwitz and Beyond,” coming out in May. While 89% have heard of Anne Frank, 32% don’t know she died in a concentration camp.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecycling can be done profitably and at scale: LyondellBasell CEOMad Money host Jim Cramer talks to chemical company LyondellBasell Industries CEO Peter Vanacker to get a breakdown of his long-term vision for the company.
HOUSTON, March 11 (Reuters) - The United Steelworkers union (USW) said in a letter to members it was misled by Lyondell Basell Industries (LYB.N) about possible buyers for the company’s Houston refinery, which the company has set for permanent closure late this year. The letter was sent on Friday to members who work at the Lyondell refinery. According to the letter, the union said it would contact government officials about the would-be buyers of the refinery and take further actions involving union members in the future. Offers made on the refinery when Lyondell was weighing a possible sale in 2021 fell short of the refinery's value, he said. Sources familiar with the matter said Kinder Morgan Inc (KMI.N), which operates a terminal near the refinery, approached Lyondell about a possible sale.
The business has maintained the avenue's grassy medians – known as the Park Avenue Malls – for 50 years. Christmas tress installed by City-Scape Landscaping on Park Avenue in New York. "I don't think Park Avenue would have quite the same glamour if the median walls weren't in place," said Vincent Sofield's son, Dylan. "It's people's front yard, front gardens along Park Avenue," said the group's president, Barbara McLaughlin. Christmas tress installed by City-Scape Landscaping on Park Avenue in New York.
Apple – Shares of Apple jumped 8% after the technology giant beat both top and bottom line estimates when it reported earnings results for its latest quarter. Amazon – Shares of Amazon slipped 9% Friday after the retailer on Thursday reported quarterly revenue that fell short of Wall Street's expectations. T-Mobile – T-Mobile stock jumped 6% after the telecom company reported the largest jump in subscriber numbers since 2020, when it merged with Sprint. Pinterest – Pinterest rose 8% after the social media company beat earnings expectations and reported more monthly users than analysts forecast. The medical equipment company reported quarterly results on Thursday, posting revenue that slightly beat expectations, according to consensus estimates on StreetAccount.
LONDON, Oct 28 (Reuters) - Fresh vegetables and fish are falling off the menu. Joanne Farrer used to regularly serve her three children roast beef dinners or stews packed with fresh vegetables. Volume sales of fresh vegetables fell by more than 6% and fresh meat by over 7% in August, for example, while sales of snacks and candy rose almost 4%. "We also know that cheap highly processed foods are the ones most likely to cause obesity." "If fresh food is cheaper then we'll get that, but it's not often on offer."
Based on keyword prompts, generative AI platforms can then mimic these sources to produce fanciful stories and pictures of their own. Other generative AI startups offering enterprise applications include Replikr, a New Zealand startup that uses generative AI to create customer-service avatars, and Dutch startup Musico Ltd., which can be used to create original copyright-free advertising jingles. GoCharlie.AI, an early-stage startup based in San Francisco, in May launched a generative AI marketing assistant designed to create promotional social-media posts. By promising to save workers hours of productive time creating promotional materials, the commercial value proposition around generative AI has always been clear, he said. Rowan Curran, an AI and data science analyst at IT research firm Forrester Research Inc., said he expects generative AI to impact enterprises from top to bottom.
White House Issues ‘Blueprint for an AI Bill of Rights’
  + stars: | 2022-10-04 | by ( Angus Loten | ) www.wsj.com   time to read: +5 min
The White House on Tuesday issued guidelines aimed at safeguarding personal data from misuse in artificial-intelligence algorithms that drive hiring, lending and other business decisions. The guidelines, which the Biden administration described as a “blueprint for an AI bill of rights,” are nonbinding and don’t include enforcement measures. They also fall short of the European Union’s landmark privacy regulation that has forced global technology companies to change how they collect data, among other things. Still, some technology leaders said the White House blueprint could lead to heavy-handed regulation that might risk putting U.S. businesses at a disadvantage. “If implemented properly, the bill could reduce AI misuse and yet support beneficial uses of AI in medicine, driving, enterprise productivity, and more,” Mr. Etzioni said.
Nadal pulls out of Laver Cup after doubles with Federer
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterSep 23, 2022; London, United Kingdom; Rafael Nadal (ESP) of Team Europe arrives on court for the opening of the Laver Cup tennis event. Pictures and videos of Federer and Nadal - who shared one of tennis's most enthralling rivalries - sitting on a chair and crying after combining for Team Europe in a doubles defeat at London's O2 Arena on Friday went viral on social media. Register now for FREE unlimited access to Reuters.com Register"Rafael Nadal withdrew for personal reasons. Federer was replaced by Italian Matteo Berrettini in Team Europe, who were tied at 2-2 with Team World after the opening day's matches. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sudipto Ganguly in Mumbai; editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Part of me leaves with Federer, says emotional Nadal
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +3 min
Sep 23, 2022; London, United Kingdom; A tearful Roger Federer (SUI) and Rafael Nadal (ESP) look on after his last Laver Cup Tennis match. Pictures and videos of Federer and Nadal - who shared one of tennis's most enthralling rivalries - crying together after combining for Team Europe in a doubles defeat at London's O2 Arena went viral on social media, leaving their legions of fans highly emotional. Federer, who won 20 major singles titles, played Nadal 40 times in one of the most compelling rivalries across any sport. Loud cheers accompanied Federer and Nadal, or "Fedal" as they are jointly nicknamed, on to court. We approach the life probably similar.
We know you're worried also for the kids, who are facing a difficult situation in school. Sadly, the Omicron "variant" of the COVID-19 virus is spreading all over the world now. Here's what I think you should know:First, this Omicron "variant" is a new form of the COVID-19 virus, which causes a new wave of infections because it's somehow more potent than the previous variant. Omicron can infect people who have already been infected with previous variants and even those who were vaccinated several months ago. So I know you're all lining up for your boosters and you're doing the right thing.
În a doua zi a Festivalului International de Film Queer Voices — Queerantine edition , care are loc între 18 și 20 decembrie, puteți viziona câteva filme pentru adolescenți, o serie de scurtmetraje și documentare. Un scurtmetraj despre Ana care e îndrăgostită lulea în Sofia, dar timiditatea ei și lipsa de încredere o țin pe loc. „Distanța dintre noi și cer” a câștigat Palme d’or la Cannes pentru cel mai bun scurtmetraj din 2019. Tarik face o escapadă spre o cabană din pădurile de Veluwe, unde-l cunoaște pe un tânăr fermecător. Festivalul va avea loc online, iar accesul la filmele subtitrate în trei limbi (română, rusă, engleză) este absolut gratuit.
Persons: Ana, Luis Mariano Garcia, Victor Léycegui, Germania Nora, rebela Romy, Nora, SUA Rooney, Alex, Jojo, Amanda, Palme, Peter van Organizations: International, Eleni, Ziua Internațională, gay, Regie, Iris Locations: Mexic, Sofia, Germania, Pompeii, SUA, Grecia, Cannes, Regatul Țărilor de Jos, Georgia, Ortodoxă Georgiană, Aar, Republicii Moldova
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