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Because she was a skilled politician, her radar was set for the political center, and that’s where she always wanted the court to be. Justice O’Connor avoided such a dramatic choice. And where Justice O’Connor was on the issue is almost exactly where public opinion was, too. Justice O’Connor didn’t call herself a feminist, though she was one, and the patronizing nature of that provision appalled her. As it happens, throughout the court’s history, backgrounds like Justice O’Connor’s were more the rule than the exception.
Persons: O’Connor’s, Norman Schwarzkopf, , O’Connor, , Casey, Roe, Wade, Justice O’Connor, Anthony Kennedy, David Souter, Justice O’Connor didn’t, Samuel Alito, Brown, Earl Warren Organizations: General Motors, of Education Locations: Pennsylvania, California
Shou Chew, TikTok’s chief executive, has been getting personally involved in efforts to address concerns that the app has fueled anti-Israel and antisemitic rhetoric since the start of the Israel-Hamas war, in a sign of how seriously the company is taking the criticism. In recent weeks, Mr. Chew, who lives in Singapore, has met in New York and on video calls with numerous prominent Jewish groups and leaders. The meetings, arranged by TikTok, have been with organizations including the American Jewish Committee, UJA-Federation of New York and the Anti-Defamation League, the groups told The New York Times. He also joined a call with dozens of Jewish tech and business leaders, including founders of Tinder and the apparel brand Bonobos, as well as Facebook’s ex-chief revenue officer. In the meetings, Mr. Chew emphasized that he was there to listen and sought to explain how the company moderated misinformation and hate speech, according to three people who attended the meetings and would speak only on the condition of anonymity.
Persons: Shou Chew, Chew, TikTok Organizations: American Jewish Committee, of New, Defamation League, New York Times, Tinder Locations: Israel, Singapore, New York, of New York
Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.
Persons: Donald Trump, , Trump, Joe Biden, Biden, Ron DeSantis, Nikki Haley, , , Mexico’s, ‘ Trump, Defense Department –, ” Theresa Cardinal Brown, CNN’s Priscilla Alvarez, ” Trump, I’ve, Todd Harrison, Harrison, It’s, Trump’s, ” Ben Cahill, Nobody, Jimmy Carter’s, Barack Obama, isn’t, El Salvador –, Obama, we’d, Obama’s, Webster, Covid, Wuhan ”, They’d, they’d, you’d, Scott Gottlieb, ” Gottlieb, Trump Trump, it’s, Abraham, Aaron David Miller, Miller, Dana El Kurd, Qasem Soleimani, they’ve, we’re, We’re, , Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Kpler, Biden Trump, Iran “, Democrats ”, that’s, Jimmy Carter, Carter “, Carter, , Hillary Clinton, Kari Lake, Bill Gates, Gates, ” Chris Wallace, Chris Wallace, Hunter Biden, “ Chris Wallace, ‘ He’s, ‘ ” Trump, Wallace, “ you’re, “ Biden, ‘ You’re, Wallace interjected, Rather, you’ve, ’ ” Pavel Molchanov, Raymond James &, ” Molchanov, Tim Woody, Woody, autoworkers, CNN’s Ella Nilsen, Joe Biden’s, Erin Mellon, Gavin Newsom, Mellon, ” Vonette Fontaine, Biden “, CNN’s Matt Egan, Egan, ” Biden, Europe Trump, United Kingdom “, Brent, Pavel Molchanov, Raymond James, Patrick De Haan, GasBuddy, De Haan, Matt Smith, Matt Egan, Afghanistan Trump, we’ve, Krista Wiegand, Wiegand, ” Netanyahu, Benjamin Netanyahu, Israel, Qasem, Bibi, Netanyahu, Soleimani, Asad, Mark Milley, Hezbollah Trump, Steven Cheung, John Kirby, Cheung, Kirby, Iran’s, ” Ali Vaez, Joseph Amon, Washington –, Faiq Zidan, Zidan’s, Zidan, Abu Mahdi al, China Trump, Ukraine Trump, Letitia James, James, Attorney Alvin Bragg, Matthew Colangelo, You’re, Bragg, Colangelo, Tanya Chutkan, I’m, Jack Smith, Bill Clinton, That’s, everybody’s, Letitia James –, Al Capone’s, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz, Eliot Ness, MAGA, “ MAGA, , White, CNN’s Fareed Zakaria, Inflation Trump, Bacon, Joe, PolitiFact, Trump . 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Meanwhile, shares of PDD Holdings (PDD.O) have surged this week following stellar quarterly results from the Temu parent. The company closed with a market capitalization of nearly $196 billion on Thursday, surpassing Alibaba's market value of $190.45 billion. They also noted uncertainties from Alibaba's decision to scrap the spin-off of its cloud business. Morgan Stanley cut its price target on the stock to $90 from $110, the second lowest among analysts, as per LSEG data. PDD shares were down 2.1% at $144.4 but have surged almost 80% in 2023, handily outperforming its peers.
Persons: Dado Ruvic, Morgan Stanley, PDD, Alibaba, Morgan Stanley's Eddy Wang, Sruthi Shankar, Sriraj Organizations: REUTERS, Alibaba, PDD Holdings, Wall, Vipshop Holdings, Thomson Locations: China, Alibaba's, Bengaluru
In the 2019 agreement, Facebook, which became Meta in 2021, was required to pay $5 billion for violating an earlier agreement. The company filed a separate appeal against Judge Timothy Kelly's ruling this week that it should be an FTC judge, not a district judge, who decides that case. This new lawsuit, filed late on Wednesday, argues that it is unconstitutional for the FTC to unilaterally tighten an existing consent agreement. The Meta complaints focus on the agency's dual role of prosecuting a matter before an FTC judge. Once the FTC judge makes a decision it is the commission which votes on whether to accept it.
Persons: Yuri Gripas, Judge Timothy Kelly's, Lina Khan, Rebecca Slaughter, Alvaro Bedoya, Meta, Diane Bartz, Nick Zieminski Organizations: Federal Trade Commission, Facebook Inc, Headquarters, REUTERS, Rights, Facebook, U.S . Federal Trade Commission, Meta, FTC, Big Tech, Democratic, Thomson Locations: Washington , U.S
For the company's enterprise and carrier business, inventory clearing has dampened prospects of new orders for chip makers like Marvell. For the current quarter, Marvell expects revenue of $1.42 billion plus or minus 5%, compared with estimates of $1.46 billion. However, Marvell beat Wall Street estimates for third-quarter revenue and profit, as the rapid adoption of artificial intelligence (AI) buoyed demand for its chips. Marvell posted net revenue of $1.42 billion for the quarter ended Oct. 28, compared with analysts' estimates of $1.40 billion, according to LSEG data. Excluding items, the company posted a profit of 41 cents per share, marginally beating estimates of 40 cents per share.
Persons: Matthew Murphy, you've, Murphy, It's, Marvell, Arsheeya, Max A, Shailesh Kuber, Sonali Paul Organizations: Marvell Technology, Reuters, Marvell, Wall, Thomson Locations: Bengaluru, Max, San Francisco
This year, 59% retailers offer so-called "returnless" or "keep it" policies for unwanted products whose returns costs exceed their value, according to returns services firm goTRG, which surveyed 500 executives at 21 major retailers, including Walmart (WMT.N) and Amazon.com (AMZN.O). That information is "not something that retailers want out there" due to worries the policies could be abused by shoppers, he said. The firm helps retailers manage returns, which typically rise after pre-Christmas sales like Black Friday and Cyber Monday and continue beyond Christmas. The typical return costs retailers about $30. "You just can't afford to ignore it," she said of returns costs.
Persons: Shannon Stapleton, Sender Shamiss, Shamiss, Amena Ali, Ali, Gabrielle Richards, Pamela Peters, Peters, Lisa Baertlein, Arriana McLymore, Siddharth Cavale, Nick Zieminski Organizations: REUTERS, ANGELES, Black, Walmart, Super Bowl, Reuters, eBay, Appriss Retail, National Retail Federation, Amazon.com, Thomson Locations: Macy’s, Roosevelt, Garden City , New York, U.S, Los Angeles, New York
The company's client solutions group, which includes its consumer and enterprise personal computer business, posted revenue of $12.28 billion for the third quarter, a near 11% fall compared to a year earlier. However, Dell has more impact than its competitors due to the weakness in the business PC market, which is a core market (for the company)," said Mikako Kitagawa, analyst at Gartner. Dell's servers and networking business revenue was up 9% from the second quarter, fueled by customer interest in generative artificial intelligence, Chief Operating Officer Jeff Clarke said. Revenue for the third quarter came in at $22.25 billion for Dell, missing estimates of $23 billion, according to LSEG data. The PC market is expected to bank on demand from AI boost, according to research firm Canalys, as it projects adoption of AI-capable PCs to accelerate from 2025 onward, with such devices accounting for around 60% of all PCs shipped in 2027.
Persons: Brendan McDermid, lockdowns, Dell, Mikako Kitagawa, Jeff Clarke, Harshita Mary Varghese, Maju Samuel Organizations: Dell, Dell Inc, REUTERS, UNITED STATES, Dell Technologies, Gartner, Nvidia, Revenue, Intel, AMD, Thomson Locations: New York
Nov 29 (Reuters) - Synopsys (SNPS.O) on Wednesday forecast first-quarter revenue above Wall Street expectations, as artificial intelligence (AI) adoption boosted demand for the company's chip designing software. Synopsys forecast current-quarter revenue between $1.63 billion and $1.66 billion, above analysts' average estimate of $1.60 billion. The rise in custom chip design efforts by firms like Microsoft (MSFT.O) and Alphabet (GOOGL.O) has also boosted demand. "You need a very specific silicon in order to power that (AI) training," Sassine Ghazi, the company's president and chief operating officer, said of the boom in AI chips in an interview. Ghazi told Reuters that increased use of Synopsys AI services helped boost the value of some of its contracts by 20% at renewal time.
Persons: Sassine Ghazi, Ghazi, Aart de Geus, Synopsys, Harshita Mary Varghese, Shailesh Kuber, Deepa Babington Organizations: Design, Microsoft, Intel, Mercedes, Benz, Reuters, Revenue, Thomson Locations: Sunnyvale , California
COLUMBUS, Ohio (AP) — The more than two-year legal battle over the maps of Ohio Statehouse districts that were crafted in response to the 2020 Census may be over. In a 4-3 ruling late Monday, the Ohio Supreme Court cited unanimous, bipartisan passage in September of a new round of legislative maps in dismissing three long-running lawsuits brought by Democratic and voting-rights groups. Political Cartoons View All 1270 ImagesThe high court side-stepped additional constitutional questions on the maps, rejecting as moot the state’s requests that it vacate earlier rulings that found five straight rounds of Statehouse maps unconstitutional. The proposal would create a 15-member citizen panel of Republicans, Democrats and independents representing a geographic and demographic cross-section of the state, called the Ohio Citizens Redistricting Commission, to replace the existing Ohio Redistricting Commission. “Only when Ohio bans politicians and lobbyists from rigging maps will voters have fair representation in Congress and the Ohio Statehouse.”
Persons: , Jennifer Brunner, Brunner, Maureen O'Connor, O'Connor, Jen Miller Organizations: Ohio Statehouse, Democratic, GOP, Statehouse, Democrats, Ohio, Commission, League of Women Voters Locations: COLUMBUS , Ohio, Ohio
Nov 28 (Reuters) - NetApp (NTAP.O) raised its annual profit forecast on resilient demand for its cloud-based data solutions as companies push on digital transformation projects, sending its shares up 10% after the bell on Thursday. Rise of artificial intelligence applications has also boosted spending on cloud computing, including storage solutions like the ones provided by NetApp. The company expects full-year adjusted profit per share between $6.05 and $6.25 compared with $5.65 to $5.85 it had previously projected. NetApp forecast net revenue for the third quarter to be between $1.51 billion and $1.67 billion, the mid-point of which was above analysts' estimate of $1.56 billion. It expects adjusted profit between $1.64 and $1.74 per share, above market expectation of $1.53.
Persons: George Kurian, Harshita Mary Varghese, Arun Koyyur Organizations: NetApp, Web Services, Google, Thomson Locations: Bengaluru
Nov 28 (Reuters) - Splunk (SPLK.O) beat quarterly estimates for revenue on Tuesday, helped by resilient demand for its cybersecurity offerings in an uncertain economy. Cisco Systems (CSCO.O), which cut its annual revenue and profit forecasts earlier this month, entered into an agreement to buy Splunk for about $28 billion in September to strengthen its software business. Splunk is known for its strengths in the area of data observability, which helps companies monitor their systems for cybersecurity risks and other threats. Splunk's total annual recurring revenue for the third quarter ended Oct. 31 rose 15% to $4 billion. It reported total revenue of $1.07 billion, beating analysts' expectations of $1.03 billion, according to LSEG data.
Persons: laud Splunk's, Zaheer Kachwala, Shailesh Organizations: Cisco Systems, Thomson Locations: Bengaluru
A survey of North American family offices conducted by Campden Wealth and RBC found that family offices had 29.2% of their investments in private markets, which include private equity, venture capital and private debt, compared to 28.5% in publicly traded stocks. It marks the first time in the survey that family offices had more invested in private markets than public stock. "Family offices have maintained a consistent pattern of augmenting their allocations to private markets," according to the study. Family offices say private markets offer better returns over the long term without the volatility of stocks. Along with private markets, family offices are also showing increasing interest in alternative assets, including real estate and commodities.
Persons: Angie O'Leary Organizations: Campden Wealth, RBC, RBC Wealth Management Locations: New York City, China, North America
Nov 28 (Reuters) - CrowdStrike Holdings (CRWD.O) on Tuesday forecast fourth-quarter revenue above Wall Street estimates, driven by resilient demand for its cybersecurity offerings in the wake of rising online threats. Rising cyber threats, ransomware attacks and hacking incidents have triggered demand for cybersecurity offerings as businesses try to ensure safety against hackers who steal sensitive data. For the third quarter ended Oct. 31, the company posted revenue of $786.0 million, beating estimates of $777.1 million. Adjusted net income attributable to CrowdStrike for the third quarter rose to $199.2 million, from $96.1 million a year earlier. CrowdStrike raised its annual revenue outlook to a range of $3,046.8 million to $3,050.2 million, up from its earlier forecast of between $3,030.7 million and $3,042.9 million.
Persons: CrowdStrike, Jaspreet Singh, Shailesh Organizations: CrowdStrike Holdings, MGM Resorts International, Caesars Entertainment, Thomson Locations: Austin , Texas, Bengaluru
Nov 28 (Reuters) - Workday (WDAY.O) raised its annual subscription revenue forecast and beat estimates for quarterly profit and revenue on Tuesday, benefiting from an easing macro environment and strong demand for its cloud-based software services. Shares of the Pleasanton, California-based company rose 3.2% in extended trading. The company now expects full-year subscription revenue of $6.598 billion, compared with its previous expectation of $6.570 billion to $6.590 billion. The company reported third-quarter total revenue of $1.87 billion, higher than analysts' estimates of $1.85 billion, according to LSEG data. Workday's subscription revenue rose 18.1% to $1.69 billion.
Persons: Carl Eschenbach, Zaheer Kachwala, Maju Samuel Organizations: ADP, Accenture, Thomson Locations: Pleasanton , California, Bengaluru
[1/6] Chinese Premier Li Qiang speaks at the opening ceremony of the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. "We are willing to build closer production and industrial supply chain partnerships with all countries," Li told the first China International Supply Chain Expo (CISCE), adding that the international community needs to be "more wary of the challenges and risks brought about by protectionism and uncontrolled globalisation." The expo, organised by the state-run China Council for the Promotion of International Trade (CCPIT), is Beijing's latest bid to increase foreign investment in China, which has dropped to historic lows. Despite this decrease, China remains an attractive option: a survey conducted by HSBC bank at the China International Import Expo (CIIE) earlier this month showed 45% of firms expect to expand their supply chain in China over the next year. Zhang Shaogang, a CCPIT official who was part of the Chinese delegation at the APEC summit, said last week that 20% of the foreign firms exhibiting at the supply chain expo were U.S.-based, and included Amazon (AMZN.O), Apple (AAPL.O), Tesla (TSLA.O), and Intel (INTC.O).
Persons: Li Qiang, Florence Lo, Premier Li Qiang, Li, Dan Marks, Xi Jinping, Joe Biden, Zhang Shaogang, Zhang, Eduardo Baptista, Joe Cash, Jamie Freed, Miral Organizations: China International, Chain, REUTERS, Premier, European Union, China Council, Promotion of International Trade, HSBC, China, Royal United Services, Economic Cooperation, APEC, Apple, Intel, Thomson Locations: Beijing, China, EU, BEIJING, United States, Ukraine, Taiwan, India, Mexico, Vietnam, U.S, Asia
The logo of financial software company Intuit is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren Acquire Licensing RightsNov 28 (Reuters) - Accounting software-maker Intuit (INTU.O) on Tuesday beat Wall Street estimates for first-quarter profit and revenue, on resilient demand for its artificial intelligence infused products that help businesses manage their financial needs. Products offered by Intuit include tax-preparation software TurboTax, personal finance portal Credit Karma, and QuickBooks that help small businesses. The company posted adjusted profit of $2.47 per share for the first quarter, compared with analysts' estimates of $1.98 per share. In the reported quarter, revenue at Credit Karma fell 5% to $405 million, while revenue at its Consumer Group rose 25% to $187 million.
Persons: Chris Helgren, Jaspreet Singh, Shailesh Organizations: Intuit, REUTERS, Products, Credit Karma, Consumer, Thomson Locations: Toronto , Ontario, Canada, View , California, Bengaluru
Warner Bros Discovery boss’s payday is toast
  + stars: | 2023-11-27 | by ( Jennifer Saba | ) www.reuters.com   time to read: +4 min
The Warner Bros Discovery (WBD.O) chief executive will have to more than double the value of the media company if he wants to collect a lavish $200 million compensation package awarded when Discovery agreed to merge with Warner Media in 2021. The news sent shares plunging 19%, the largest one-day drop since Discovery merged with Warner Media. Its current value is over $18 billion when applying Bernstein’s multiple of 8 times EBITDA. At the end of September, the company had net leverage – after deducting $2.4 billion cash – of 4.2 times EBITDA. Shares of Warner Bros Discovery fell 19% on that day.
Persons: David Zaslav, He’s, Harry Potter, Jefferies, Max, “ Barbie ”, Zaslav, David, Peter Thal Larsen, Sharon Lam Organizations: Reuters, Warner Bros Discovery, Discovery, Warner Media, HBO, CNN, Food Network, TBS, LSEG, Netflix, Reuters Graphics Reuters, HGTV, Thomson Locations: EBITDA
The Matthew Perry Foundation is structured as a donor-advised fund, according to its website, a charitable investment fund that experts say offers certain advantages. Donor-advised fund charitable assets represent 20% of those in private foundations, according to National Philanthropic Trust's 2023 annual report. watch nowWhile wealthy donors may have both a foundation and a donor-advised fund, many are moving to just donor-advised funds, according to Douglas. "With a donor-advised fund, what it does is more streamlined," O'Neill said. Advantages of using a donor-advised fundFor all donors, regardless of income, there may be benefits to using a donor-advised fund.
Persons: Matthew Perry, Phillip Faraone, Matthew Perry's, Perry, Charlie Douglas, Matthew Perry Foundation's, Douglas, Brandon O'Neill, O'Neill Organizations: GQ, The West, Matthew Perry Foundation, HH, Investments, National Philanthropic Trust, Philanthropic Trust, Fidelity Charitable Locations: West Hollywood , California, Atlanta
Nov 27 (Reuters) - Activist investor Elliott Investment Management on Monday said it was ready to nominate directors at Crown Castle International and push for the ouster of the wireless tower owner's executives and board members, whom it blames for years of underperformance. The hedge fund in a letter released on Monday said the company needs "comprehensive leadership change." It said it was ready to appeal to other shareholders to make changes to the 12-member board, signaling a possible proxy fight next year. Elliott sharply criticized management and the board saying a "lack of oversight ... contributed to its irresponsible stewardship and flawed financial policy." The hedge fund said the company "disregarded our data-driven analysis" and added that "our recommended changes were neither made nor taken seriously."
Persons: Elliott, Jesse Cohn, Jason Genrich, Jay Brown, Svea Herbst, Bayliss, Pooja Desai, Mark Porter Organizations: Investment Management, Crown Castle International, SBA Communications, Intelligence, Svea, Thomson Locations: Houston, Providence, Bengaluru
More than three dozen members of Congress have announced they will not seek re-election next year, some to pursue other offices and many others simply to get out of Washington. The wave of lawmakers across chambers and parties announcing they intend to leave Congress comes at a time of breathtaking dysfunction on Capitol Hill, primarily instigated by House Republicans. majority spent the past few months deposing its leader, waging a weekslong internal war to select a new speaker and struggling to keep federal funding flowing. The chaos has Republicans increasingly worried that they could lose their slim House majority next year, a concern that typically prompts a rash of retirements from the party in control. lawmakers who are opting to leave; Democrats, too, are rushing for the exits, with retirements across parties this year outpacing those of the past three election cycles.
Organizations: Congress, House Republicans Locations: United States, Washington
Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. It added that Spanish power giant Iberdrola (IBE.MC) would add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks. France has overtaken Britain as the European country with the highest number of new FDI projects. President Emmanuel Macron announced 13 billion euros ($14 billion) of investment commitments in France at a similar FDI gathering in May. "It wants to deal with one person," investment minister Dominic Johnson told Reuters, adding ministers could then have "very strong, frank discussions with the international investment community about how we can make the environment more investable".
Persons: Rishi Sunak, Kemi Badenoch, Sunak's, Iberdrola, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Amanda Blanc, Dominic Johnson, IFM, King Charles, William Schomberg, Alistair Smout, Louise Heavens, Mark Potter Organizations: British, Global Investment, Business, IFM, Microsoft, Blackstone, LBC, Nissan, Reuters, Thomson Locations: Hampton, East Molesey, Surrey, Britain, France, Germany, England, Buckingham
Comedy Wildlife Photo Award 2023 winners revealed
  + stars: | 2023-11-23 | by ( Maureen O'Hare | ) edition.cnn.com   time to read: +2 min
The judges of the UK-based Comedy Wildlife Photo Awards have studied more than 1,800 images submitted from 85 countries, assessing whether they are chucklesome, rib-tickling or an out-and-out hoot. And the overall winner for 2023 – drumroll, please, for this is a photo that welcomes musical accompaniment – is a kangaroo striking an air guitar pose. Wildlife conservationThere were an additional 10 entries that were recognized as Highly Commended winners. The awards, founded in 2015 by professional photographers Paul Joynson-Hicks and Tom Sullam, also promote wildlife conservation. The first Comedy Wildlife Guided African Safari will launch in Tanzania in October 2024, guided by the awards’ co-founders Hicks and Sullam and wildlife expert Kate Humble.
Persons: – drumroll, Jason Moore, He’s, Mara, photographerJacek, Otter, joey, , Paul Joynson, Hicks, Tom Sullam, Kate Humble Organizations: CNN, Whitley Fund for Nature Locations: Perth, Australia, Tanzania, Sullam
REUTERS/Mike Segar/File Photo Acquire Licensing RightsBEIJING, Nov 23 (Reuters) - Apple (AAPL.O) saw a decline in the number of smartphones sold during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct. 30 to Nov. 12, the research consultancy said on Thursday. In comparison, the number of units sold by Huawei (HWT.UL) and Xiaomi (1810.HK) grew 66% and 28% respectively year-on-year over the same period. The increases for Huawei and Xiaomi helped fuel a 5% year-over-year rise in the overall number of Chinese smartphones sold during the promotion period, it said. ($1 = 7.2111 Chinese yuan renminbi)Reporting by Yelin Mo and Brenda Goh; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Segar, China's, JD.com, Xiaomi, Lei Jun, Ivan Lam, Yelin Mo, Brenda Goh, Miral Organizations: Apple Inc, Apple, REUTERS, Rights, Counterpoint Research, Huawei, HK, IDC, Thomson Locations: Manhattan , New York, U.S, Rights BEIJING, China, United States
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. Operations are set to resume once the port blockade is resolved, the spokesman added. Protests have escalated since the government and First Quantum signed a new contract on Oct. 20 for the Cobre Panama concession, which contributes 1% to global copper production and 5% to Panama's gross domestic product. "In terms of production we are talking about a temporary halt because of the illegal blockade. The company says an "illegal blockade" of small boats at the mine's Punta Rincon port has been disrupting the mine's activity.
Persons: Michael Camacho, Valentine Hilaire, Divya Rajagopal, Brendan O'Boyle, Sarah Morland Organizations: Minerals, REUTERS, Aris, Quantum Minerals, Reuters, First, Thomson Locations: Panama, Donoso, Rincon
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