DIRS.INFO The most relevant business & tech news

☆ WTA Finals to be held in Cancun
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

[1/2] Tennis - WTA Tour Finals - Panamerican Tennis Center, Guadalajara, Mexico - November 17, 2021 The WTA Finals Martina Navratilova Trophy is seen after Czech Republic's Barbora Krejcikova and Katerina Siniakova won their final doubles match against Taiwan's Hsieh Su-wei and Belgium's Elise Mertens Acquire Licensing Rights Read moreSept 7 (Reuters) - The 2023 edition of the WTA Finals will be held in Cancun, Mexico from Oct. 29-Nov. 5 under a one-year agreement, the women's tennis body announced on Thursday, ending speculation that this year's event could be held in Saudi Arabia. "This edition of the WTA Finals will provide a fantastic experience for players and fans alike, offer a fitting finale for the 2023 WTA Tour, and enable us to continue building a strong future for women's tennis," said Steve Simon, WTA Chairman and CEO. After the men's ATP Tour announced last month that the Next Gen Finals would be held in Jeddah from 2023 to 2027, social media had been awash with rumours that the WTA Finals could also be headed to Saudi Arabia. The WTA Finals will end two days before the beginning of the Billie Jean King Cup finals in Seville. "The WTA weighed a number of competitive bids through a thorough process, in close consultation with the WTA Players’ Council," the WTA said on Thursday.

Persons: Martina Navratilova, Krejcikova, Katerina Siniakova, Taiwan's Hsieh Su, Belgium's Elise Mertens, Steve Simon, Simon, Chris Evert, Peng Shuai, Billie Jean King, Iga Swiatek, Aadi Nair, Toby Davis Organizations: Tennis Center, WTA, ATP, ESPN, Billie Jean King Cup, WTA Players ’, Thomson Locations: Guadalajara, Mexico, Czech, Cancun, Saudi Arabia, Jeddah, Saudi, Tunisian, Shenzhen, China, Fort Worth , United States, Los Angeles, Madrid, Doha, Istanbul, Singapore, Seville, Bengaluru

☆ BOJ policymaker sees shift in Japan's deflationary mindset
▼ + stars: | 2023-09-06 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Policymaker Takata stressed the need to maintain ultra-loose monetary policy for the time being, as slowing global growth was heightening uncertainty on whether the Bank of Japan's (BOJ) 2% inflation target was sustainably achievable. In an earlier speech, he said he believe Japan's economy was "finally seeing early signs" of achieving the 2% target. Two other BOJ board members earlier gave diverging views on how soon the central bank should consider scaling back its radical stimulus. Japan's core inflation hit 3.1% in July, exceeding the BOJ's 2% target for the 16th straight month. BOJ officials have said the central bank must keep interest rates ultra-low until robust domestic demand and sustained wage growth replace rising import costs as key drivers of inflation.

Persons: Androniki, Takata, Hajime Takata, Policymaker Takata, Haruhiko Kuroda, Leika Kihara, Tetsushi Kajimoto, Takahiko Wada, Tom Hogue, Lincoln, John Stonestreet Organizations: REUTERS, Bank of Japan's, CHINA IMPACT, Thomson Locations: Japan, Tokyo, TOKYO, China, CHINA

☆ BOJ policymaker sees signs of change in Japan's deflationary mindset
▼ + stars: | 2023-09-06 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

An office employee walks in front of the bank of Japan building in Tokyo, Japan, April 7, 2023. Takata stressed the need to maintain ultra-loose monetary policy for the time being, as slowing global growth heightens uncertainty on whether Japan can sustainably achieve the Bank of Japan's (BOJ) 2% inflation target. "Personally, I believe Japan's economy is finally seeing early signs of achieving the BOJ's 2% inflation target," Takata said in a speech. The remarks follow those of two other BOJ board members, who gave diverging views on how soon the central bank should consider scaling back its radical stimulus. BOJ officials have said the central bank must keep interest rates ultra-low until robust domestic demand and sustained wage growth replace rising import costs as key drivers of inflation.

Persons: Androniki, Takata, Hajime Takata, Haruhiko Kuroda, Leika Kihara, Tom Hogue Organizations: REUTERS, of Japan's, Thomson Locations: Japan, Tokyo, TOKYO, Lincoln

☆ Muchova marches into US Open semis with win over Cirstea
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +3 min

"I felt very good actually from the start till the end," Muchova told reporters. "I had a good feeling with the ball from the baseline, I felt good on the net, slicing, and with my whole game. French Open finalist Muchova got off to a quick start and raced out to a 3-0 lead before fending off nine break points to win a marathon game and extend to 4-0. A flustered Cirstea's backhand then landed wide to put her opponent up 5-0 and Muchova completed the bagel the next game. Next up for Muchova is Gauff, who was a 6-0 6-2 winner over Jelena Ostapenko earlier in the day.

Persons: Karolína Muchova, Romania's Sorana Cirstea, Mike Segar, Karolina Muchova, Romania's, Coco Gauff, Arthur Ashe, Muchova, Cirstea, Jelena Ostapenko, Rory Carroll, Peter Rutherford Organizations: Tennis, Romania's Sorana Cirstea REUTERS, Cincinnati, Thomson Locations: Flushing Meadows , New York, United States, Czech, U.S, Flushing Meadows, Los Angeles

☆ The damage of the economy's 'temporary burst of inflation' could stick around for years to come, says Paul Krugman
▼ + stars: | 2023-09-06 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

However, economist Paul Krugman argues inflation created lasting psychological and political damage. Instead, inflation, which now sits around 3.2% as of July, has had lasting psychological and political damage, Krugman argues. But with a strong labor market and unemployment levels remaining at around 3.8%, there's little argument that the economy is undergoing what Krugman calls "remarkable progress." According to the personal consumption expenditure deflator, the Fed's preferred inflation indicator, inflation fell below 3% for the last three months, well below last year's rate. The drastically high levels of unemployment many economists predicted two years ago are nowhere to be seen, as unemployment levels matched pre-Covid levels within three years — in comparison to over a decade following the 2008 recession.

Persons: Paul Krugman, Krugman, Goldman Sachs, there's, Biden, It's, Joe Biden's Organizations: Service, The New York Times, Quinnipiac University, Democrats, Trump, US, Biden Locations: Wall, Silicon, Russian, Ukraine

☆ Mexico's Sheinbaum favorite to win presidential nomination, polls show
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +3 min

Former Mexico City Mayor Claudia Sheinbaum holds a rally at Macroplaza Iztapalapa, pursuing to be the ruling MORENA party's candidate for the 2024 presidential election, in Mexico City, Mexico, August 1, 2023. REUTERS/Henry Romero/File Photo Acquire Licensing RightsMEXICO CITY, Sept 5 (Reuters) - Former Mexico City Mayor Claudia Sheinbaum held a comfortable advantage in the race to be the leftist ruling party's 2024 presidential nominee, according to opinion polls published on Tuesday, the eve of the announcement of the winner. The Sept. 1-2 survey polled 500 Mexican adults and had a margin of error of plus or minus 4.4 percentage points. The Parametria survey had a margin of error of plus-or-minus 3.5 percentage points, and showed Ebrard was the best-known contender in the presidential contest, recognized by 73% of respondents compared to 67% for Sheinbaum. Sheinbaum, a close ally of Lopez Obrador, has been viewed for months as the one to beat.

Persons: Mexico City Mayor Claudia Sheinbaum, Iztapalapa, MORENA, Henry Romero, El, Marcelo Ebrard, Ebrard, Andres Manuel Lopez Obrador, Sheinbaum, El Financiero, Lopez Obrador, Lopez, Lopez Obrador's, Dave Graham, Jonathan Oatis, Ed Tobin Organizations: Mexico City Mayor, REUTERS, National Regeneration, Sheinbaum, Thomson Locations: Mexico City, Mexico, MEXICO, El, MORENA

☆ Mexico's Sheinbaum favorite to win presidential nomination, poll shows
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

Former Mexico City Mayor Claudia Sheinbaum holds a rally at Macroplaza Iztapalapa, pursuing to be the ruling MORENA party's candidate for the 2024 presidential election, in Mexico City, Mexico, August 1, 2023. Sheinbaum's advantage was wider than the seven-point lead she held in an El Financiero poll conducted July 28-29. Sheinbaum was clearly ahead on all of the supplementary questions except for her knowledge of the country, where the experienced Ebrard narrowly beat her, El Financiero said. Sheinbaum, a close ally of Lopez Obrador, has been viewed for months as the one to beat. The popular Lopez Obrador cannot seek a second six-year term because Mexican law prohibits it.

Persons: Mexico City Mayor Claudia Sheinbaum, Iztapalapa, MORENA, Henry Romero, El, Marcelo Ebrard, Andres Manuel Lopez Obrador, Sheinbaum, Ebrard, El Financiero, Lopez Obrador, Lopez, Dave Graham, Jonathan Oatis Organizations: Mexico City Mayor, REUTERS, Regeneration, Thomson Locations: Mexico City, Mexico, MEXICO, El

☆ Reaching 2% inflation goal necessary for BOJ easy policy exit, says ex-board member Kataoka
▼ + stars: | 2023-09-04 | by ( Divya Chowdhury | ) www.reuters.com time to read: +2 min

MUMBAI, Sept 4 (Reuters) - The Bank of Japan (BOJ) will be able to gradually shift away from its easy monetary policy only after ensuring its 2% inflation goal has been sustainably achieved, former board member Goushi Kataoka said on Monday. Kataoka expected the Spring 2024 wage negotiations to be key for the BOJ's inflation mission, Kataoka, currently chief economist at PwC Japan, told the Reuters Global Markets Forum. Once it begins exiting policy, Kataoka expects the BOJ to first remove the peg on the 10-year Japanese government bond (JGB) yield, then exit its negative interest rate policy, and finally scrap the YCC policy. "Allowing the guide rate to effectively go as low as 1% would not be possible until the 2% (inflation) target is achieved," Kataoka said. "I'm worried about the stance of Kishida cabinet," he said, describing the previous administrations' tax hikes in 2014 and 2019 as undermining the Kuroda's bold monetary policy experiment.

Persons: Goushi Kataoka, Kataoka, Haruhiko Kuroda, BOJ, I'm, Divya Chowdhury, Savio Shetty, Anisha, Christina Fincher Organizations: Bank of Japan, Reuters Global Markets, Thomson Locations: MUMBAI, Mumbai, Bengaluru

☆ I give all my employees August off on full pay. Here's how it works and why it's boosted productivity.
▼ + stars: | 2023-09-02 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Jo Hunter was already offering her employees remote working and a four-day week. Hunter repeated the move this year and says taking a month off is a revelation – and good for business. During the pandemic, we moved to working a four-day workweek and remote working to support our employees. The company had grown from four to seven employees over the last few years and demand for our creativity workshops increased. Right now, CEOs of some of the world's biggest companies are pointing to productivity data to call their employees back to offices.

Persons: Jo Hunter, Hunter, –, I'm, Jo, We've, hardwired, Jo Hunter I'm Organizations: Service, Artists, Staff Locations: Wall, Silicon, Finland, France, Spain

☆ Wagner Group may be absorbed by the Russian Defense Ministry, which Prigozhin rallied against before his death. The mercenary group's current arrangement could 'disappear rather soon,' former GRU capt
▼ + stars: | 2023-08-29 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +5 min

The fate of the Wagner Group is in the hands of Vladimir Putin and the Kremlin. The New York Times reported the Russian Defense Ministry was considering absorbing the group. AdvertisementAdvertisement"The Wagner Group will disappear rather soon," Boris Volodarsky, a former captain in Russia's Spetsnaz GRU special forces and a fellow with the Royal Historical Society in London, told Insider. As tensions mounted between Wagner and Putin this summer, the Kremlin mandated that Wagner recruits sign contracts with the Russian army — which Prigozhin resisted. In his tirade, Prigozhin said the ministry "must be stopped" and the people responsible for the death of Wagner fighters must be punished.

Persons: Vladimir Putin, Yevgeny Prigozhin, Prigozhin, Wagner, Boris Volodarsky, Russia's, Putin, Dmitry Utkin, Valery Chekalov, Volodarsky, —, Alexander Lukashenko Organizations: Wagner, Kremlin, The New York Times, Russian Defense Ministry, Service, Wagner Group, New York Times, Institute for, Royal Historical Society, Defense Ministry, Times, Central African, Associated Press, Russia's Defense Ministry, Belarusian Locations: Wall, Silicon, East, Africa, Russian, London, Tver, Moscow, Belarus, Bakhmut, Ukraine, Mali, Russia, Rostov

☆ Trump federal election trial set for March 4, 2024
▼ + stars: | 2023-08-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

"In our judgment, that trial date is inconsistent with President Trump's right to due process and the right to effective assistance of counsel," Lauro said in the hearing. But Trump's proposal for an April 2026 trial date went "far beyond what is necessary," the judge said, NBC News reported. A federal judge on Monday set a March 4, 2024, trial date in former President Donald Trump 's criminal election interference case, putting the top Republican presidential candidate on trial in Washington, D.C., seven months before the 2024 general election . Trump, a top Republican presidential candidate who is facing four separate criminal cases, has sought to move his trials past the November 2024 election. Chutkan noted Monday that she spoke with the New York judge overseeing Trump's case in Manhattan, which is also set to go to trial in March.

Persons: Donald Trump, Trump's, Lauro, Chutkan, Tanya Chutkan, Jack, Trump, Joe Biden, Fani Willis, Willis, Smith, Monday's, — CNBC's Dan Mangan Organizations: Iowa Pork, Fair, NBC News, Trump, Republican, Washington , D.C, New, Fulton County Superior Court, D.C Locations: Des Moines , Iowa, U.S, Washington ,, New York, Manhattan, Atlanta, Georgia, Fulton County, Iowa, Florida

☆ Chopra wins India's first gold at world championships in javelin
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

BUDAPEST, Aug 27 (Reuters) - Olympic champion Neeraj Chopra became the first Indian to win a gold medal at the World Athletics Championships when he pipped Pakistan's Arshad Nadeem in the men's javelin on Sunday with an 88.17 metre effort in the final. Chopra won Olympic gold in Tokyo but managed only a silver at the worlds in Eugene last year. After the Olympic gold I really wanted to win the world championships. This is brilliant for the national team but it was my dream to win gold at the world championships," Chopra said. "I wanted to throw more than 90m tonight but it needs all parts of the puzzle to be there.

Persons: Neeraj Chopra, pipped Pakistan's Arshad Nadeem, Chopra, Bobby George, Pakistan's Nadeem, Jakub Vadlejch, Nadeem, Julian Weber, Vadlejch, Kishore Jena, DP Manu, Rohith Nair, Pritha Sarkar, Toby Davis Organizations: Olympic, DP, Thomson Locations: BUDAPEST, Tokyo, Eugene, Paris, Czech, India, Pakistan, Budapest, Germany, Bengaluru

☆ Cramer's Lightning Round: Indie Semiconductor is not a buy
▼ + stars: | 2023-08-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon NRG Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Ecolab's year-to-date stock performance. Stock Chart Icon Stock chart icon Old Republic's year-to-date stock performance. Stock Chart Icon Stock chart icon Indie Semiconductor's year-to-date stock performance.

Persons: Zimmer, Zimmer Biomet, there's, they're, Cintas, Jim Cramer's Organizations: Nvidia, Networks, Extreme Networks, GE Healthcare, NRG Energy, Indie Semiconductor, Arista Networks, Arista, Cisco Locations: Southern, Republic

☆ Storm Franklin hits Dominican Republic and Haiti, killing one
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

Franklin, which brought stormy winds and rainfall across the Dominican Republic and neighboring Haiti, is forecast to gather strength over the Atlantic Ocean and could near hurricane force this weekend. "Franklin could be near hurricane strength over the southwestern Atlantic by Saturday," the NHC said, saying it expected the storm to gradually strengthen from its current maximum sustained winds near 40 mph. The head of the Dominican COE emergency services a man had been found dead earlier on Wednesday in San Cristobal province, after trying to swim through floodwaters. In a briefing with COE, Dominican President Luis Abinader said the government would attend to communities whose infrastructure was damaged by the storm and that schools and businesses would resume on Thursday. The storm also cut off access to six Dominican communities and damaged roads, water infrastructure and the electrical grid, emergency services said.

Persons: SANTO, Storm Franklin, Franklin, Luis Abinader, Paul Mathiasen, Harold Isaac, Sarah Morland, Harshit Verma, Ananya, Lincoln Organizations: PORT, U.S, National Hurricane Center, NHC, country's Hydro, Meteorological Unit, The United Nations, Food Programme, Thomson Locations: SANTO DOMINGO, Dominican Republic, Hispaniola, Haiti, Puerto Plata, Dominican, Atlantic, San Cristobal province, Sud, Santo Domingo, Port, Mexico City, Bengaluru

☆ Dominican Republic's Paulino claims 400m gold
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, Aug 23 (Reuters) - Marileidy Paulino of the Dominican Republic won World Championship gold in the women’s 400m on Wednesday, finally claiming top spot on the podium after silvers at last year’s worlds and Tokyo Olympics. The race was wide open in the absence of injured American Sydney McLaughlin-Levrone, the 400m hurdles world record holder and fastest in the world this year over the flat, and with Olympic and defending world champion Shaunae Miller-Uibo going out in the heats four months after having a baby. Paulino, second-fastest this year, was out in lane seven and ran a controlled race to come off the final bend in the lead and drive home for an emphatic victory in 48.76 seconds. Poland's Natalia Kaczmarek took silver in 49.57 followed by Sada Williams of Barbados in 49.60. Reporting by Mitch Phillips, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Marileidy Paulino, Sydney McLaughlin, Shaunae Miller, Paulino, Natalia Kaczmarek, Sada Williams, Mitch Phillips, Ed Osmond Organizations: Dominican Republic, Tokyo Olympics, Olympic, Thomson Locations: BUDAPEST, Barbados

☆ Ex-BOJ official predicts no yen intervention until breach of 150 threshold
▼ + stars: | 2023-08-22 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

The dollar stood at 146.125 yen on Tuesday, staying near a nine-month high of 146.565 hit last Thursday. But anxiety over the weak yen appears less than a year ago as households are becoming accustomed to rising prices, he said. The benefits of a weak yen are also becoming clearer due to Japan's re-opening of borders, which is reviving inbound tourism and domestic service-sector firms, he added. "Public discontent over the weak yen isn't escalating to a scale seen last year," he said. But authorities could intervene if the yen speeds up its pace of declines and breaches 150 to the dollar, he said.

Persons: Yen, Dado Ruvic, Takeuchi, Kishida, Fumio Kishida, Atsushi Takeuchi, Japan's, Leika Kihara, Simon Cameron, Moore Organizations: REUTERS, FX, Reuters, Ricoh Institute of Sustainability, Ministry of Finance, Thomson Locations: Tokyo, TOKYO, Japan

REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsHANOI/SINGAPORE, Aug 22 (Reuters) - Thailand's second-biggest lender Kasikornbank (KBANK.BK) is in talks to buy consumer finance provider Home Credit Vietnam in a deal of up to $1 billion that would further its push to expand in Vietnam, two sources said. The Bangkok-based lender, also called KBank, hopes to become one of Vietnam's top 20 banks in terms of assets by 2027. It has total assets worth $119.7 billion, second only to Bangkok Bank (BBL.BK) in Thailand, Refinitiv data showed. KBank and Home Credit Group did not respond to Reuters' requests for comments. Home Credit Group is controlled by the Czech Republic's biggest investment group, PPF, which was founded by late billionaire Petr Kellner.

Persons: Athit, KBank, Petr Kellner, Phuong Nguyen, Kane Wu Organizations: Kasikorn, REUTERS, Rights, Home Credit Vietnam, Bangkok Bank, Stock Commercial Bank, Sumitomo Mitsui, Home, Home Credit, Home Credit Group, Thomson Locations: Bangkok, Thailand, Rights HANOI, SINGAPORE, Vietnam, Vietnam Prosperity, Asia, Netherlands, Czech, Hanoi, Singapore

Scientists are keeping an eye on the new lineage, named BA.2.86, because it has 36 mutations that distinguish it from the currently-dominant XBB.1.5 variant. So far there is no evidence that BA.2.86 spreads faster or causes more serious illness than previous versions. COVID infections and hospitalizations have been rising in the U.S., Europe and Asia, with more cases in recent months attributed to the EG.5 "Eris" subvariant, a descendant of the Omicron lineage that originally emerged in November 2021. But many countries have drastically reduced testing of patients and their efforts to analyze the genomes of the viruses causing new COVID cases. Updated COVID booster shots now being developed have been designed to target the Omicron subvariant XBB.1.5.

Persons: Emily Elconin, Wesley Long, Eric Topol, Topol, Long, Moderna, Eris, Deena Beasley, Nancy Lapid, David Gregorio Our Organizations: REUTERS, Moderna Inc, Pfizer, World Health Organization, U.S . Centers for Disease Control, CDC, EG, Omicron, Houston Methodist Hospital, Scripps Research, COVID, U.S, Pfizer Inc, Thomson Locations: Waterford , Michigan, U.S, Europe, Asia, United States, Israel, Denmark, La Jolla , California

The "AI for business" diploma offers training in data and AI for client leaders, practitioners, and WPP executives, according to WPP's website. The team work under AI expert Daniel Hulme who was appointed chief AI officer at WPP two years ago. While lawmakers and philosophers alike still debate whether content produced by generative AI models amounts to anything like human creativity, advertisers have already begun using the technology in their promotional campaigns. Unilever, which owns more than 400 brands including Dove soap and Ben & Jerry's ice cream, has its own generative AI technology that can write product descriptions for retailers' websites and digital commerce sites, it said. The company's TRESemmé haircare brand has used its AI content generator for written content and its automation tool for visual content on Amazon.co.uk (AMZN.O).

Persons: Mark Read, Read, we've, Mondelez, Shah Rukh Khan, Daniel Hulme, Nestle, Gandon, Ray, Johannes Vermeer's, Aaron Rajan, Nestle's Gandon, Martin Sorrell, You've, Ben King, Richa Naidu, Martin Coulter, Matt Scuffham, Daniel Flynn Organizations: Nestle, Unilever, Marketing, Investment, Reuters, WPP, Oreo, Cadbury, Bollywood, YouTube, Facebook, University of Oxford, Global, Google, Go, Market Technology, Consumer, Walmart, Carrefour, Kroger, Thomson Locations: Africa, India, London, Swiss, Okta

☆ NEC deputy director on IRA: A win-win for emissions reduction and jobs creation
▼ + stars: | 2023-08-16 | 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 EmailNEC deputy director on IRA: A win-win for emissions reduction and jobs creationBharat Ramamurti, NEC deputy director, joins 'Squawk on the Street' to discuss the impact of the Inflation Reduction Act bill, the public's knowledge of the bill, and what the White House would like to call the bill if they had another opportunity.

Persons: Bharat Ramamurti Organizations: NEC

☆ Attack on Iran's shrine kills at least one, injures several people - official
▼ + stars: | 2023-08-13 | by ( ) www.reuters.com time to read: +1 min

[1/2] Rescuers transport an injured person after an attack in Shah Cheragh Shrine in Shiraz, Iran August 13, 2023. Iranian state media earlier reported that at least four people had been killed in the attack. "It happened around 19:00 local time (15:30 GMT) ... an armed terrorist entered the Shrine area and started shooting ... he was arrested," said Mohammad Hadi Imaniyeh, the governor of Fars province. State TV said the shrine area had been cordoned off by security forces. Videos on Iranian state media showed panicked worshippers running to find their relatives and bloodied clothes left in the aftermath of the attack.

Persons: Mohammadreza, Mohammad Hadi Imaniyeh, Shah, IRNA, Ruhollah Khomeini, Parisa Hafezi, Nick Macfie, Ros Russell Organizations: Rescuers, West Asia News Agency, REUTERS, State TV, Islamic, Dubai Newsroom, Thomson Locations: Shah Cheragh, Shiraz, Iran, REUTERS DUBAI, Iran's, Fars province

☆ Attack on Iran's shrine kills at least one, injures several people, official says
▼ + stars: | 2023-08-13 | by ( ) www.reuters.com time to read: +1 min

☆ Commercial ships told to stay far away from Iran due to a heightened possibility of attack or seizure
▼ + stars: | 2023-08-12 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +4 min

The US Navy is warning commercial ships to avoid traveling near Iranian territory. Iranian forces have already seized two oil tankers this year. Attacks on ships in the region have increased ever since Trump pulled out of the Iran nuclear deal. Timothy Hawkins said ships "are being advised to transit as far away from Iranian territorial waters as possible," noting a warning issued by the US-based International Maritime Security Construct. Since 2021, Iran has "harassed, attacked, or interfered with" the navigation rights of 15 internationally flagged merchant ships, according to the US Navy.

Persons: Timothy Hawkins, Biden, Trump, —, Michelle Grisé, Grisé Organizations: US Navy, Trump, Service, Associated Press, US, AP, International Atomic Energy Agency, RAND Corporation Locations: Iran, Wall, Silicon, Hormuz, Gulf of Oman, Chevron, Islamic Republic, Europe, Iranian, United States, Washington, Tehran

☆ San Francisco moves to center of robotaxi universe after California agency vote
▼ + stars: | 2023-08-11 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +6 min

Cruise and Waymo have been running experimental services limited by times and geographic areas within San Francisco. The approval “marks the true beginning of our commercial operations in San Francisco,” said Tekedra Mawakana, Waymo co-CEO, in a prepared statement. San Francisco is important as both a symbolic hub of tech and, with hundreds of AVs already in operation, the largest test lab for the experimental cars. The vehicles, with empty driver seats and self-turning steering wheels, have become a common sight around San Francisco. Commissioner Genevieve Shiroma advocated for a delayed vote noting the volume of public comment and her lingering concerns following evidence that the vehicles have obstructed emergency vehicles in San Francisco.

Persons: Heather Somerville, Waymo, Motors ’, John Reynolds, AVs, Cruise, ”, Tekedra Mawakana, Prashanthi Raman, Uber, Genevieve Shiroma, Greg Bensinger, Jamie Freed, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, Motors, California Public Utilities Commission, Transportation, Cruise, Locals, San Francisco Municipal Transportation Agency, Technologists, Thomson Locations: San Francisco, California, U.S, San Francisco's, Francisco

☆ What Biden's executive order means for U.S. investors in China
▼ + stars: | 2023-08-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

Chris Hondros | Getty Images News | Getty ImagesBEIJING — The Biden administration's long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented. "The executive order obviously gives an outline of what the program's scope is going to be like," said Brian P. Curran, a partner, global regulatory at law firm Hogan Lovells in Washington, D.C. "It's not even a proposed rule. U.S. President Joe Biden on Wednesday signed an executive order aimed at restricting U.S. investments into Chinese semiconductor, quantum computing and artificial intelligence companies over national security concerns. This week's announcements don't explicitly prohibit U.S. investments into Chinese businesses, but the documents indicate what policymakers are focused on. But the Treasury said it may request information about transactions completed or agreed to since the issuance of the executive order.

Persons: Goldman Sachs, Chris Hondros, Biden, Brian P, Curran, Hogan Lovells, It's, Joe Biden, Janet Yellen, Winston Ma, what's, We've, Anne Salladin, Jonathan Levy, Pitchbook Organizations: U.S, Getty, Wednesday, Treasury Department, NYU Law, CIC, Treasury, University, Bank, Global, University of Chicago, China VC, China Locations: New York, BEIJING, Washington ,, China, U.S, Greenfield, United States, Pitchbook

Search resuls for: "Public's"

25 mentions found