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☆ Disney is turning record parks profits — even before its big expansions
▼ + stars: | 2024-11-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Gary Hershorn | Corbis News | Getty ImagesAll is well in the Magic Kingdom. Experiences, which includes parks, resorts, cruises and consumer products, was the second-highest revenue driver behind Disney's entertainment division, which tallied $41.18 billion in fiscal 2024. "It's small things adding up to big things," said David Lightbody, senior vice president of Disney Live Entertainment. Limited time holiday merchandise available at Disney parks. A stunning firework show is held at the Magic Kingdom Park in Walt Disney World Resort on July 1, 2021 in Lake Buena Vista, Florida.

Persons: Gary Hershorn, King Thanos, it'll, Gavin Doyle, Doyle, Mouse, Helene, Milton, David Lightbody, Lightbody, Lindsay Brookshier, Disney hasn't, Liao Pan Organizations: Magic, Walt Disney World, Corbis, Getty, Magic Kingdom, Disney, Big, Marvel, Epcot, Guardians, Falcon, Disney Live Entertainment, Walt Disney, Disneyland's, Pixar Fest, Medianews, Orange, China News Service Locations: Orlando , Florida, Magic, Florida, California, Hong Kong, Anaheim, Walt, Lake Buena Vista , Florida

☆ Robert Downey Jr. says he would 'sue all future executives' if Marvel replicated his likeness. He's the second 'Avengers' star to speak out against AI.
▼ + stars: | 2024-10-29 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Robert Downey Jr. says he would sue "future executives" if Marvel uses AI to replicate his likeness. Downey Jr. is the second "Avengers" star after Scarlett Johansson to criticize AI. AdvertisementRobert Downey Jr. told tech journalist Kara Swisher he would sue Marvel if the studio replicated his likeness with AI after his death. But Downey Jr. will return to the MCU to play a villain, Doctor Doom, in 2026's "Avengers: Doomsday." He added that he's not concerned about Marvel using AI for the moment.

Persons: Robert Downey Jr, Kara Swisher, Downey, Scarlett Johansson, —, Downey Jr, Tony Stark, Josh Brolin, Doctor Doom, he's, Swisher, he'd, Tony Stark's, I'm, gals, Christopher Reeve, OpenAI, Johansson, Sam Altman, Altman, cybercrime Organizations: Marvel, Service, Marvel Studios, Warner Bros

☆ Fly like Iron Man. Join a battle in Wakanda. Here are the major theme park projects Disney has announced
▼ + stars: | 2024-08-11 | by ( Natasha Chen | ) edition.cnn.com time to read: +11 min

Artist concept for an attraction at a new “Cars”-themed area coming to Frontierland at Disney’s Magic Kingdom. To mark the occasion, the company will create the first-ever audio-animatronic version of Walt Disney, with a level of complexity of technology that has yet to be seen in a Disney park. Across the esplanade at Disney California Adventure park, Avenger’s Campus will more than double in size, with construction beginning in 2025. Artist concept of Disney’s first theme park ride based on “Coco,” which breaks ground in 2026. In Paris, Disney’s first-ever theme park attraction based on “The Lion King” will be built at the renamed Disney Adventure World park.

Persons: Walt Disney, Josh D’Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Madrigal, Antonio, Indiana Jones, Indiana Jones ”, Disney’s Encanto, Disney Oscar, Ke Huy Quan, “ Indiana Jones, ”, D’Amaro, “ We’re, Lincoln ”, ” D’Amaro, “, Disney’s, King Thanos, “ Coco, What’s, King ”, Simba, Epic Games Disney, Doom, Megan Thomas Organizations: CA CNN, Disney, Honda Center, CNN, Walt Disney Parks and Resorts, Walt Disney, Magic, Disney Magic, Walt Disney World, Hollywood Studios, Inc, Monsters Inc, Tokyo Disney, Pueblo Esperanza, Indiana Jones, EPCOT, Disneyland, Opera House, Infinity Defense, Stark, Pandora, Disney Cruise, Disney Destiny, Disney Parks Shanghai, Hong Kong Disney, Marvel, Epic Games, Epic, Star Locations: Anaheim, CA, Anaheim , California, Florida, California, Star, Tokyo, Disney’s, “, Pueblo Esperanza, Disney, Imagineering, New York City, Disney California, Hong Kong, Shanghai, Tomorrowland, Paris, Fortnite, livestream

☆ From villains to Indiana Jones: Everything we learned at Disney’s parks panel at the 2024 D23 Expo
▼ + stars: | 2024-08-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Disney's classic baddies are getting their own theme park land at the Magic Kingdom in Orlando, Florida. This area will differ from the one at Disney California Adventure, D'Amaro told the audience, and will take place in the wilderness. As part of the Tropical America's land Disney is creating Pueblo Esperanza, which means village of hope. DisneylandThe world of "Avatar" will make its way to Disney's California Adventure, D'Amaro shared Saturday. The Walt Disney World Resort version of the ride opened in June.

Persons: Walt Disney, Mickey Mouse, Gary Hershorn, Disney, Josh D'Amaro, Parks, Rita Ora, D'Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Crystal, Indiana Jones, Huy Quan, Josh, Quan, Madrigal, Antonio, Ash, Ali Rubinstein, Walt Disney Imagineering, Miguel, Deadpool, King Thanos, King, Scott Trowbridge Organizations: Magic, Walt Disney World, Corbis, Big, Honda Center, Disney, Walt Disney, Disney California, Hollywood Studios, Inc, Pirates, Defense, Stark, Disneyland, Walt Disney Imagineering, Marvel . Disney Cruises, Disney Cruise Locations: Orlando , Florida, Anaheim , California, California, Florida, Indiana, Orlando, Pueblo Esperanza, New York City, Disneyland Paris, Pride, Shanghai, Hong, Tokyo

☆ Disney is hoping for a box office rebound built on sequels, prequels and pixie dust
▼ + stars: | 2024-08-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Yet, the company's post-pandemic box office was also beset by executive decisions to increase content production to pad its fledgling streaming service Disney+. As the company seeks to rebuild its reputation and recapture magic at the box office, it is relying heavily on existing, and beloved, franchises. Revisiting old favoritesHeading into D23, Disney had two major box office successes under its belt from two major franchises. Its latest Pixar film, "Inside Out 2," is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024.

Persons: Bob Iger, Araya Doheny, Iger, —, Auli'i Cravalho, Dwayne Johnson, Disney, Elio, Adrian Molina, Zoe Saldana, Jon Hamm, Bobby Moynihan, Mando, Grogu, Cassian Andor, Jude Law, jettison, Thanos, Kevin Feige, San Diego Comic Con, Robert Downey Jr, Doom, Jesse Grant Organizations: Walt Disney Company, Disney Entertainment, Getty, Honda Center, Disney, Disney's, Pixar, Walt Disney Studios, Lucasfilm, stormtroopers, ATs, Galactic, Star, Marvel, Marvel Studios, San Diego Comic Locations: Anaheim , California, Hollywood, SDCC, San Diego , California

☆ 'Deadpool and Wolverine' snares $205 million domestic opening, highest R-rated debut ever
▼ + stars: | 2024-07-28 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

"Deadpool & Wolverine" shattered box office records this weekend, tallying $205 million in domestic ticket sales during its opening, the highest debut of 2024 and of an R-rated film ever. The film outpaced analysts' expectations, which called for an opening haul between $160 million and $180 million. The previous two Deadpool films, both rated R, were produced and released through 20th Century Fox. Similar to previous entries in the MCU, "Deadpool & Wolverine" benefitted from fan fervor. The strong opening of "Deadpool & Wolverine" comes after a post-pandemic box office slump for the Marvel Cinematic Universe.

Persons: Marvel, resiliency, Paul Dergarabedian, Audiences, Shawn Robbins, Sam Wilson, Thanos, Doctor Doom, Iron Man, Robert Downey Jr, Robbins Organizations: Comscore, Disney, Motion, Association, Century Fox, Marvel, San Diego Comic Con, Iron

☆ No one else could win against Trump so late in the race, analyst says
▼ + stars: | 2024-07-09 | 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 EmailNo one else could win against Trump so late in the race, analyst saysThanos Papasavvas, founder and CIO of ABP Invest, discusses the latest developments in the U.S. elections race and the markets implication for either party's victory.

Persons: Thanos Papasavvas Organizations: Trump, ABP Invest Locations: U.S

☆ Father’s Day: 4 pop culture dads worse than you
▼ + stars: | 2024-06-16 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —Whether you’re a new or seasoned father, the anxieties of raising children can pop up anywhere, anytime. “Also, just every dad I spoke to was like, ‘I’m worried that I’m gonna roughhouse too hard (and) they’ll get hurt,’” Boozan said. And “as a comedy writer, I’m biased, but I’m a big proponent of laughter as medicine. “That’s a great example of a workaholic dad who thinks that amassing a trove of riches in order to pass that along to your child is the way of being a good dad,” Boozan said. “The best thing my dad ever did … is he was a chill dad,” Boozan said.

Persons: I’m, Glenn Boozan, ”, Priscilla Witte, Thanos, Jack Torrance, Stephen King’s “, Boozan, “ I’m, “, ‘ I’m, they’ll, ’ ” Boozan, ’, ” Boozan, Walter ‘ Heisenberg, White Walter White, Bryan Cranston, Walter White Jr, ” Ursula Coyote, Walter White’s, White, Wayne Szalinski Wayne Szalinski, Rick Moranis, Diane, Marcia Strassman, Nick, Wayne Szalinski, Darth Vader Luke Skywalker, Mark Hamill, Darth Vader, David Prowse, James Earl Jones, ” Albert Clarke, ’ ”, Midas, Walter Crane, King Midas ’, Rich, “ Midas, “ That’s Organizations: CNN, Marvel, RJ, Lucasfilm, Century Fox, Star Locations: RJ Mitte, Wayne’s

☆ Opinion: What ‘Furiosa’ gets right about the climate crisis
▼ + stars: | 2024-05-24 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +8 min

However, George Miller’s “Mad Max: Fury Road” (2015) and its new prequel, “Furiosa,” provide some possible explanations. Like all the Mad Max films going back to the 1979 original, “Fury Road” and “Furiosa” are set in post-apocalyptic wastelands following some indeterminate eco-catastrophe. “Fury Road” and “Furiosa” focus on a citadel ruled by tyrannical, bloodthirsty and toothy-masked Immortan Joe (played in “Fury Road” by Hugh Keays-Byrne and in “Furiosa” by Lachy Hulme). Charlize Theron stars as Imperator Furiosa in Warner Bros. Pictures' and Village Roadshow Pictures' action adventure "MAD MAX: FURY ROAD," a Warner Bros. Pictures release. In both Furiosa films, such a society emerges in the Green Place, the home from which Furiosa (played in “Fury Road” by Charlize Theron and in “Furiosa” by Anya Taylor-Joy) was stolen as a child.

Persons: Noah Berlatsky, we’re, Noah Berlatsky Noah Berlatsky There’s, George Miller’s “, Max, “, Furiosa ”, Mad Max, Joe, Hugh Keays, Byrne, Lachy Hulme, they’ll, —, Charlize Theron, Furiosa, Anya Taylor, Joy, ”, We’re, Dick Cheney, Cheney, “ Furiosa, Chris Hemsworth, It’s Dementus, Dementus Organizations: CNN, Hollywood, Warner Bros ., Warner Bros . Pictures, Village, Pictures, Warner Bros, Century Studios, Twitter, Facebook Locations: Chicago, “, Hollywood

☆ ‘Avengers Assemble:’ Five years after ‘Endgame,’ the box office needs more than just a blip
▼ + stars: | 2024-04-25 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

For many it felt like a soothing balm, underscoring the kind of communal experience people were missing as the still-new coronavirus pandemic shuttered theaters. Even allowing for that, the operatic heights achieved by “Endgame,” which grossed nearly $2.8 billion worldwide, would have been difficult to replicate. Such a concept would have sounded particularly foreign in the run-up to “Endgame,” when Marvel and its leader, Kevin Feige, appeared to possess a Midas touch. Venezuelan filmgoers watch the first screening in Venezuela of Marvel Studios' "Avengers: Endgame" at a cinema in Caracas on April 26, 2019. Unlike “Endgame,” the challenges that face the movie business can’t be undone with a snap of the fingers.

Persons: Captain, Thanos, ”, Marvel, Kevin Feige, Federico Parra, Joe, Anthony Russo, America, Russo, Joe Russo, Barbie ”, Captain America Organizations: CNN, Captain America, Marvel Studios, Marvel, DC, Warner Bros, Hollywood, “, Getty, Film, Captain, Disney Locations: Venezuela, Caracas, AFP

☆ Tesla's chaotic layoffs leave employees nervous and wondering when the cuts will end
▼ + stars: | 2024-04-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla employees say they've been left in limbo after a week of layoffs. AdvertisementIn the wake of Tesla's mass layoffs last week, some workers who are still at the carmaker say they feel as if they've been left in limbo. Tesla workers have been put through the wringer ever since layoffs started on Sunday, April 14. "It was like all at once, people you'd seen every day were just erased from the company," the worker said. On Friday, Tesla's layoffs impacted its recruiting staff in the US.

Persons: they've, Elon Musk, —, Elon, they'd, you'd, we'd Organizations: Elon, Tesla, Service, EV, Business, Bloomberg Locations: China

☆ Beyoncé references a Marvel supervillain on ‘Cowboy Carter’ and other lyrics
▼ + stars: | 2024-03-30 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —In case you’ve somehow missed the biggest news in music this week, Beyoncé released her latest album on Friday, and “Act II: Cowboy Carter” goes out of its way to point out that music genres are overly confining labels. The 27-track compendium contains country music, to be sure, but also folk, gospel, rap, pop and even some Italian opera – and it celebrates Bey’s desire to span beyond any labels or limits. (She even spelled it out in a rare caption on her Instagram ahead of the album drop, writing that “Carter” “ain’t a Country album. This is a ‘Beyoncé’ album.”) The resulting collection is musically rich, lyrically creative and distinctly Beyoncé. Throughout, Beyoncé acknowledges the influence of artists who have come before her, and subverts concepts of country music by connecting past to present.

Persons: you’ve, Beyoncé, Cowboy Carter ”, “ Carter, Linda Martell, ”, ” Thanos, Josh Brolin, Shaboozey, Nancy Sinatra’s, Queen Bey, Jay, Z’s, she’s, ’, Chuck Berry, Willie Nelson ”, Tanner Adell, Reyna Roberts, Tiera Kennedy, Brittney Spencer, Willie Jones, Cowboy Carter Organizations: CNN, Black, Marvel Studios, The Beach Boys, Block Party Locations: “, Louisiana

☆ U.S. economic growth scenario is improving, ABP Invest says
▼ + stars: | 2024-03-11 | 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 EmailU.S. economic growth scenario is improving, ABP Invest saysThanos Papasavvas, CIO and founder at ABP Invest, on U.S. economic data, Federal Reserve comments, and what they mean for the interest rate trajectory.

Persons: Thanos Papasavvas Organizations: ABP, ABP Invest, Federal

☆ Marvel drops actor Jonathan Majors after assault conviction, source says
▼ + stars: | 2023-12-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Jonathan Majors is out at Marvel after his misdemeanor assault and harassment conviction Monday, a person familiar with the matter told CNBC. The Marvel franchise is in a state of flux right now, with audience goodwill dwindling with each new entrant. Following the incident, but prior to his conviction, Majors was dropped from several marketing campaigns as well as by his talent agency. Disney previously pulled his film "Magazine Dreams," once considered an Oscar contender, was also pulled from the calendar. With Majors' conviction, Disney now has to make a choice: recast the role of Kang or completely alter its plans for the MCU.

Persons: Jonathan Majors, Meagan, Priya Chaudhry, Majors didn't, Bob Iger, Loki, Majors, he's, Kang, Josh Brolin's Thanos, Major's Kang Organizations: Marvel, CNBC, Majors, Disney Locations: New York City, New York

Climate Change Conference (COP 28) that opens on Nov. 30 in Dubai. Neither floods nor fires are new to Greece but with climate change, they are becoming a frequent disruptor to an economy dependent on tourism and farming. "We have to change our prediction methods," Skylakakis said, acknowledging the rapid pace of climate change. Mitsotakis has urged the EU to top up its solidarity fund and help countries tackle the impact of climate change. Adaptation measures worth 67 billion euros could reduce that loss to 510 billion euros, the country's leading economic think tank IOBE said in a February report.

Persons: Louisa Gouliamaki, Dimitris Kouretas, Kouretas, Theodore Skylakakis, Storm Daniel, Kostas Agorastos, Giorgos Stasinos, Kyriakos Mitsotakis, Sokratis Famellos, Skylakakis, Thanos Giannakakis, Nikos Papathanasis, Miltiadis Gkouzouris, Mitsotakis, Petros Varelidis, Lefteris Papadimas, Renee Maltezou, Michele Kambas, Daniel Flynn Organizations: Reuters, United Nations Environment Program, Mount Olympus, HVA, Chamber, European, Justice, EU, Water Management, Environment Ministry, Thomson Locations: Vlohos, Greece, Greece's, Thessaly, Europe, Dubai, Los Angeles, Dutch, Athens, Thessaly's, Mouzaki, Netherlands

☆ Greek economy seen growing by 2.9% next year on strong investment
▼ + stars: | 2023-11-21 | by ( Lefteris Papadimas | ) www.reuters.com time to read: +2 min

The government expects economic output to rise 2.9% next year following a 2.4% expansion this year, partly with the help of European Union recovery funds. Investment is seen growing by about 15.1% in 2024 more than double compared with this year. Greece has recently regained investment grade status for its debt attracting investment as its economy strengthens after a decade-long economic crisis. Its strong economic performance is also reflected in higher than expected tax revenues. Athens also expects to raise 5.77 billion euros from state asset sales in 2024, the budget said.

Persons: Costas Baltas, Thanos Petralias, Lefteris Papadimas, Robert Birsel Organizations: REUTERS, Rights, Investment, Thomson Locations: Athens, Greece

☆ How Disney can save the Marvel Cinematic Universe
▼ + stars: | 2023-11-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +13 min

CEO Bob Iger suggested as early as March that the company should decrease the number of sequel films Marvel releases in favor of bringing newer characters and stories into the mix. Box office analysts aren't ready to wave the white flag on the MCU, which has left rival DC, owned by Warner Bros. The promise was that the events of the shows would come full circle and influence the content of Marvel's films. Brie Larson stars as Carol Danvers aka Captain Marvel in Disney and Marvel's "The Marvels." It is expected that this Deadpool film will follow carry an R rating, which would be a first for a Marvel Cinematic Universe feature.

Persons: Marvel Studios Kevin Feige, Jesse Grant, Captain America, It's, Marvel, Disney, Bob Iger, aren't, Kevin Feige, Paul Dergarabedian, Elizabeth Olsen, Paul Bettany, Wanda Maximoff, Sam Wilson, Loki, Knight, they've, Robert Thompson, Tony Stark, Steve Rogers, Robbins, Paul Rudd, Scott Lang, Johnathan Majors, Kang the, Kang, Jonathan Majors, Shawn Robbins, Josh Brolin, Chris Evans, Robert Downey Jr, Scarlett Johansson, Strange, Hugh Jackman, Brie Larson, Carol Danvers, Captain Marvel, James Bond, Marvel hasn't, hasn't, it's, America Chavez, Kate Bishop, Kamala Kahn, Cassie Lang, Riri Williams, Ryan Reynolds, Maya Lopez, Wilson Fisk, Lopez, Agatha Organizations: Marvel Studios, Walt Disney Studios, Disney, Getty, Marvel, DC, Warner Bros, Captain, Syracuse University, Guardians, Rotten, CNBC, Disney Marvel, Sony, Hollywood, Star Wars, Star, Young Avengers, Fox, Hulu Locations: ANAHEIM , CALIFORNIA, Anaheim , Calif, California, Shanghai, Quantumania

☆ Marvel used to reliably churn out billion-dollar hits. Now Disney has a mess on its hands
▼ + stars: | 2023-11-13 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —Disney has a mess on its hands to marvel at. The embarrassingly weak debut marked the worst opening for any Marvel Studios film in its history. But, in recent years, the Marvel Cinematic Universe has started to show serious signs of trouble. Those films — all of which were released after “Endgame” — are the four worst-reviewed films in Marvel history, according to Rotten Tomatoes averages. And the movies failed to earn an A-rating from CinemaScore, a feat almost all Marvel films easily accomplished, signaling deeper troubles with audience reception and crushing word-of-mouth.

Persons: CNN —, Marvel, “, ”, ” Shawn Robbins, Loki ’, Brie Larson didn’t, Bob Iger, Iger, ” Iger, Kevin Feige, ” Robert Downey Jr, ” Chris Evans ’, America, Scarlett Johansson’s “, Thanos, Chadwick Boseman’s “, Doctor Strange, Iron, ” Robbins Organizations: CNN, CNN — Disney, Marvel Studios, Marvel, Rotten, Box, “ Guardians, Galaxy, DC Studios, Warner Bros ., Disney, Magic, “, Pixar, “ Marvel

☆ 'The Marvels' is probably headed for one of the worst MCU box office openings ever
▼ + stars: | 2023-11-09 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

In this article DIS Follow your favorite stocks CREATE FREE ACCOUNTBrie Larson stars as Carol Danvers aka Captain Marvel in Disney and Marvel's "The Marvels." There was hope that "The Marvels," which arrives in theaters Friday, might build on the box office success of "Guardians of the Galaxy: Vol. But there's a strong chance it could have one of the lowest opening weekends in the history of the Marvel Cinematic Universe. No MCU film has opened in that range since 2011, according to data from Comscore. Box office analysts have pointed to Marvel's film promotion as another issue for the studio.

Persons: Brie Larson, Carol Danvers, Captain Marvel, Paul Dergarabedian, hasn't, Tom Hiddleston, Loki, Marvel, Johnny Oleksinski, Iman Vellani, aren't, There's, Shawn Robbins, it's, Tony Stark, Steve Rogers, Captain America, Robbins, Paul Rudd, Scott Lang, Johnathan Majors, Kang the, Disney Organizations: Disney, Marvel Studios, Guardians, Galaxy, Marvel, Rotten, New York, Amazon, it's Marvel Locations: Quantumania

☆ Inflation drop in past 6 months was 'bigger and sharper' than we expected, research firm says
▼ + stars: | 2023-08-28 | 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 EmailInflation drop in past 6 months was 'bigger and sharper' than we expected, research firm saysThanos Papasavvas, founder and CIO at ABP Invest, says U.S. Federal Reserve Chair Jerome Powell's comments at Jackson Hole were "very measured" and the key message of his speech is that "he did not intend to spook the markets."

Persons: Thanos Papasavvas, Jerome Powell's, Jackson Organizations: ABP Invest, Federal

☆ Dollar’s decline throws spotlight on battered commodity currencies
▼ + stars: | 2023-07-26 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +5 min

While that's driven rallies in risk assets such as stocks, raw materials prices and some commodity currencies have been slower to respond. Reuters GraphicsThe bullish view on commodity currencies gained traction in recent days after leaders in China - the world’s leading commodity consumer - on Monday pledged to step up policy support for the economy. Prices for oil, copper and other raw materials rose on the news, while commodity currencies such as the Australian and New Zealand dollars edged up. Some other commodity currencies have seen similar declines, with the New Zealand dollar down 2% and the South African rand down 3%. Commodity currencies are far from the only way to play further dollar weakness.

Persons: there's, Francesco Pesole, Brent, Thanos Bardas, Neuberger Berman, Bardas, Bipan Rai, Jane Foley, Saqib Iqbal Ahmed, Ira Iosebashvili, Leslie Adler Organizations: YORK, Reserve, ING Bank, Australian, Reuters, New, U.S, New Zealand, Deutsche Bank, International Monetary Fund, Bank of Japan, U.S ., CIBC, Rabobank, Thomson Locations: Norway, Australia, U.S, Norwegian, China, North America, Sweden

☆ Reddit cofounder Alexis Ohanian shares his daily routine and why true work-life balance doesn't exist: 'I don't think anyone can really accomplish that'
▼ + stars: | 2023-07-18 | by ( Amanda Breen | ) www.businessinsider.com time to read: +6 min

Reddit cofounder Alexis Ohanian shared his typical work and family routine. Before marriage, he said he was terrible at finding any semblance of balance between work and life. If you're chasing balance, you're implying, like Thanos, [that] you'd be able to create something perfectly balanced. "There are times in your life where you will need to focus on the career, the work," Ohanian says. That's why he's a big advocate for paid family leave; Ohanian wants all American families to have access to it.

Persons: Alexis Ohanian, Serena Williams —, he's, Williams, he'd, It's, Thanos, You'll, Ohanian, you'll, —, He's, Ohanian's, Covid, Serena, Amanda Breen Organizations: Service, Technology, Seven, Olympia, YouTube, Olympia ., Barnard College, Columbia University, School of, Arts Locations: Wall, Silicon, South Florida

☆ Why this strategist is still backing Japanese and Chinese stocks
▼ + stars: | 2023-07-04 | 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 EmailWhy this strategist is still backing Japanese and Chinese stocksThanos Papasavvas, founder of ABP Invest, shares his current asset allocation across global equities and bonds.

Persons: Thanos Papasavvas Organizations: ABP Invest

☆ Inflation blame game: UK economic woes set government and central bank on a collision course
▼ + stars: | 2023-07-04 | by ( Elliot Smith | ) www.cnbc.com time to read: +8 min

Sunak has reiterated his "total support" for the Bank of England and under fire Governor Andrew Bailey. Meanwhile, economic growth has all but stagnated and public debt has surpassed 100% of gross domestic product for the first time since March 1961. "What is perhaps surprising is that the energy shock in the U.K. was larger than in most of mainland Europe." In a recent CNBC-moderated panel at a monetary policy forum in Sintra, Portugal, Bailey noted that the U.K. labor force is unique in remaining below its pre-Covid levels. Thanos Papasavvas, founder of ABP Invest, also alluded to the unique susceptibility of the U.K. to high inflation, but said the Bank of England should have been alive to this far earlier.

Persons: Sunak, Andrew Bailey, STEFAN ROUSSEAU, Rishi Sunak, Shaan Raithatha, CNBC's, We've, they've, Raithatha, we've, Richard Flax, Panmure Gordon, Simon French, Bailey, it's, Brexit, Catherine Mann, It's, Panmure Gordon's, French, Thanos Papasavvas Organizations: Bank of England, Getty, Sunak's Conservative, The Bank of, Vanguard, CPI, CNBC, Bank, Monetary, Committee, Panmure, ABP Invest Locations: The Bank of England, U.S, Ukraine, Europe, Moscow, Sintra , Portugal, U.K, British

☆ Bank of England has no choice but to continue hiking rates, strategist says
▼ + stars: | 2023-06-20 | 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 EmailBank of England has no choice but to continue hiking rates, strategist saysThanos Vamvakidis of BofA Merrill Lynch Global Research says that's because of inflation pressures and a tight labor market.

Persons: Thanos, BofA Merrill Lynch Organizations: Email Bank of England, BofA Merrill Lynch Global Research

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