DIRS.INFO The most relevant business & tech news

☆ Advisory firm discusses Fitch Ratings' decision to withdraw Lebanon ratings
▼ + stars: | 2024-07-26 | 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 EmailAdvisory firm discusses Fitch Ratings' decision to withdraw Lebanon ratingsNasser Saidi, president at Nasser Saidi & Associates, explains what led to the decision to stop rating Lebanon.

Persons: Fitch, Nasser Saidi, Nasser Organizations: Advisory, Nasser Saidi, Associates Locations: Lebanon

☆ Scientists witnessed an orangutan treating his wounds with medicinal plants, showing human-like behavior
▼ + stars: | 2024-05-03 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

They believe it was caused by a neighboring male in what's known as a "long call battle," Laumer told Business Insider. Adult male orangutans like Rakus shout out "long calls" to attract females and let rival males know that this is their territory. Rakus may have unintentionally touched his leaf-mush-covered finger to his face, and instantly felt the pain-relieving properties of the plant, Laumer explained. But, because this is the first time this behavior has ever been observed in orangutans, scientists can't say for sure why or how Rakus did it. More alike than we are differentRakus's behavior reminds us a lot of our own behavior with medicinal plants, which could help us understand where our knack for medicinal treatment first evolved.

Persons: —, Caroline Schuppli, Isabelle Laumer, Laumer, Rakus, liana, Akar, Saidi, seng chye teo Organizations: Service, Institute of Animal, Business, Suaq Locations: Gunung Leuser, South Aceh, Indonesia, Gabon

☆ Coco Gauff: Even at the age of 10, tennis coach Patrick Mouratoglou was convinced US star would be ‘great’
▼ + stars: | 2023-09-23 | by ( Samuel Joseph | Patrick Snell | ) edition.cnn.com time to read: +5 min

CNN —Serena Williams’ former coach Patrick Mouratoglou came away from his first meeting with a 10-year-old Coco Gauff convinced that she was destined for greatness. Gauff and Mouratoglou have known each other for almost 10 years and worked together in an unofficial capacity ahead of this year's French Open. Gauff can now call herself a grand slam Champion. “She has learned to deal with [the pressure] at a young age, and that explains partly her ability to win her first grand slam final at only 19 years old,” said Mouratoglou. “I think the Williams sisters have inspired a lot of African Americans and Black people in general,” he said.

Persons: Serena Williams ’, Patrick Mouratoglou, Coco Gauff, “, CNN Sport’s Patrick Snell, ” Gauff, Christophe Saidi, “ Coco, ”, Roland Garros, Venus Williams, Gauff, Simona Halep, Elsa, Getty, Mouratoglou, Serena Williams, Williams, Serena, ” Williams, Scott Barbour, Tsitsipas, Holger Rune, “ She’s Organizations: CNN, Mouratoglou Academy, Wimbledon, Washington D.C, Mouratoglou, Getty Locations: United States, “, Cincinnati, New York

☆ Saudi crown prince says normalization with Israel gets 'closer' every day
▼ + stars: | 2023-09-21 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Abu Dhabi, UAE CNN —Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) said that his country was moving “closer” each day toward reaching a normalization deal with Israel, the first time he has publicly acknowledged the process. We’re gonna see how it goes.”The Biden administration has for several months been in talks with Saudi Arabia on the matter, according to US officials. Saudi Arabia has been strengthening its ties with China as Washington’s rivalry with the Asian nation heats up. “We are the biggest buyer of American armored manufacturing,” he said, adding that Saudi Arabia is “critical” to US arms exports. Saudi Arabia is in the process of changing laws to make them “more realistic” for Saudis, he said.

Persons: UAE CNN — Saudi Arabia’s Crown Prince Mohammed bin Salman, ”, Biden, don’t, Benjamin Netanyahu, Netanyahu, Joe Biden, Fox News ’ Brett Baier, ” BRICS, BRICS, Jamal Khashoggi, Khashoggi Organizations: UAE CNN — Saudi Arabia’s Crown, Fox News, Saudi, MBS, ”, West Bank, Wednesday, CNN, Fox, White, America, CIA Locations: Abu Dhabi, UAE, Israel, Saudi, Saudi Arabia, Riyadh, ”, Iran, Tehran, China, Beijing, Gulf, America, Arabia, West, Russia, Istanbul

☆ Onana the hero as Cameroon qualify for Cup of Nations finals
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

GAROUA, Cameroon, Sept 12 (Reuters) - A nervy Cameroon scored twice in the second half to beat Burundi 3-0 in Garoua on Tuesday and qualify for January’s Africa Cup of Nations finals, overcoming their plucky opponents as Andre Onana marked his return to the team with a series of key saves. Cameroon had needed to win the game to ensure a place in the finals. Victory saw them finish top of three-team Group C and also ensured that Namibia would qualify with them while Burundi missed out. With Group C settled, the field for the 24-team Cup of Nations finals in the Ivory Coast from Jan. 13-Feb. 11 next year is complete. Writing by Mark Gleeson in Cape Town; Editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

Persons: Andre Onana, Victory, Bryan Mbeumo, Christopher Wooh, Wooh, Karl Toko Ekambi, Vincent Aboubakar, Onana, Caleb Bimenyimana, Rigobert, Mark Gleeson, Clare Fallon Organizations: Cameroon, January’s Africa, Nations, Lions, Manchester United, Thomson Locations: GAROUA, Cameroon, Burundi, Garoua, Namibia, Qatar, Brazil, Ivory, Cape Town

☆ Kylian Mbappé reinstated into PSG’s first-team squad after ‘positive talks’ with the club
▼ + stars: | 2023-08-13 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Kylian Mbappé has been reinstated into the Paris Saint-Germain first-team after being frozen out of the squad during its preseason tour of Japan, amid his ongoing transfer saga. The 24-year-old has been training separately from the first team while his standoff with the club rumbles on. “Following very constructive, positive talks between PSG and Kylian Mbappé before the game vs Lorient, the player has been reinstated into the first team training squad this morning,” PSG said in a statement on Sunday. Mbappé watched PSG's league opener against Lorient from the stands on Saturday. It’s not yet clear whether Mbappé will sign a new deal at the club.

Persons: Kylian Mbappé, Germain, Frenchman, ”, Mbappé, Nasser Al, Khelaifi, Christophe Saidi, Al Hilal, It’s Organizations: CNN, Paris Saint, Lorient, PSG, ” PSG, Saudi, Real Madrid Locations: Paris, Japan, Saudi Arabian, Al

☆ Lebanon's central bank chief leaves behind a 'terrible legacy,' says former minister
▼ + stars: | 2023-07-31 | 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 EmailLebanon's central bank chief leaves behind a 'terrible legacy,' says former ministerNasser Saidi, who served as minister of economy and trade and minister of industry of Lebanon between 1998 and 2000, discusses the end of Riad Salameh's term as governor of Lebanon's central bank. Salameh faces corruption charges.

Persons: Nasser Saidi Locations: Lebanon, Lebanon's

☆ Lebanon's central bank chief steps down — and many blame him for the country's economic collapse
▼ + stars: | 2023-07-31 | by ( Emma Graham | ) www.cnbc.com time to read: +1 min

Riad Salameh's tenure as governor of Lebanon's central bank on Monday came to an end after 30 years, with many sharply critical of the legacy he now leaves behind. Lebanon has failed to find an official successor to Salameh, who has been governor of central bank since 1993 and has worked under 12 prime ministers and recurring political instability. Wassim Mansouri, the deputy governor of the central bank, told reporters that he will take the role on an interim basis. Lebanon's Rafik Hariri first became prime minister in 1992 and tapped Salameh to rebuild the country's post-war economy and banking sector. In 2022, the World Bank blamed the country's political elite for a "Ponzi Finance" scheme, saying the depression was "deliberate in the making over the past 30 years."

Persons: Riad, Nasser Saidi, CNBC's Dan Murphy, Salameh, Mansouri, Lebanon's Rafik Hariri Organizations: Liban, CNBC, World Bank Locations: Lebanon's, Banque, Lebanon

CENTRAL BANK 'SHATTERED'It has marked a dramatic reversal for a man once seen as a possible president. After taking the helm of the central bank, Salameh built a reputation as a competent steward of the financial system. The central bank, known as Banque du Liban (BDL), has always said the operations were legal. Defending his record on Wednesday, Salameh said the central bank had contributed to "establishing economic stability and development" during 27 years of his tenure. "Neither directly nor indirectly did any money from the Central Bank go to Forry," Salameh said in Wednesday's interview.

Persons: Riad Salameh, Salameh, LBCI, Nasser Saidi, Raja, Salameh's, Marianne Howayek, Howayek, Friederike Heine, Tom Perry, Toby Chopra Organizations: Reuters, Banque du Liban, Forry Associates, Central Bank, Thomson Locations: BEIRUT, Lebanese, Lebanon, Banque, Salameh, France, Germany

☆ M&A Is Expected to Pick Up in 2023 as Companies Adapt to Tougher Conditions
▼ + stars: | 2023-01-06 | by ( Kristin Broughton | ) www.wsj.com time to read: +8 min

But many companies adapted, structuring deals to sidestep market volatility and minimize financing costs. Deal advisers expect M&A to pick up in 2023 following last year’s slump, though when that will happen remains an open question. That is especially true in the technology and healthcare sectors, where deals for high-growth companies are most common, she said. In addition to macroeconomic pressures, companies faced a tougher regulatory environment in 2022, with antitrust enforcers globally applying greater scrutiny to large transactions. Demand for such facilities in the U.S. jumped 17% in 2022 through Dec. 29 compared with the full-year 2021, to $317.3 billion, according to Dealogic.

☆ Iran Supreme Court accepts appeals of two protesters sentenced to death
▼ + stars: | 2022-12-24 | by ( ) www.reuters.com time to read: +2 min

Dec 24 (Reuters) - Iran's Supreme Court has accepted the appeals of two protesters sentenced to death due to flaws in investigating their cases, the country's judiciary said on Saturday. "The Supreme Court accepted the appeals of Mohammad Qobadloo and Saman Saidi Yasin, accused of the recent riots," the judiciary's Mizan news agency reported. "Due to research deficiencies, the Supreme Court has referred them to the same courts for re-examination." Yasin, a Kurd who raps about inequality, oppression and unemployment, was accused of attempting to kill security forces and singing revolutionary songs. A top state security body said early this month that 200 people, including members of security forces, had lost their lives in the unrest.

☆ With Debt Coming Due, Investment-Grade Companies Are Paying Up, Too
▼ + stars: | 2022-12-01 | by ( Nina Trentmann | ) www.wsj.com time to read: +7 min

What’s more, volatile markets have resulted in fewer opportunities for companies to sell their debt. Investment-grade U.S. companies have between $550 billion and $750 billion coming due per year from 2023 through 2027, according to Goldman Sachs Group Inc., with about $59 billion left to pay off or refinance in 2022. Of the $615.54 billion, $504.31 billion were new issuances, compared to $111.23 billion in refinancings, Dealogic said. But investor demand for bonds has been stronger in recent days, leading Amazon.com Inc. and others with near-term debt coming due to the market. Among the businesses that recently took out bond debt at a higher cost is retail giant Walmart Inc.

☆ Congo expels Rwanda ambassador as M23 rebels capture strategic town
▼ + stars: | 2022-10-29 | by ( ) www.reuters.com time to read: +3 min

The rebel group, which Congo authorities accuse Rwanda of backing but Rwanda denies, seized the town of Kiwanja in eastern Congo on Saturday, effectively cutting North Kivu's capital Goma off from the upper half of the province. The army has conducted strategic retreats from populated areas to move fighting away from towns and protect civilians. Neither General Sylvain Ekenge, the army's national spokesman, nor Colonel Ndjike Kaiko, the army's spokesman for North Kivu, immediately responded to calls and messages requesting comment. Unrest in North Kivu has broken months of relative calm in eastern Congo after the resumption of clashes between the army and the M23 militants. read moreWhen it formed in 2012, M23 was the newest in a series of ethnic Tutsi-led insurgencies to rise up against Congolese forces.

Search resuls for: "Saidi"

13 mentions found