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☆ The generative AI boom should have been Appen's time to shine. Here's what went wrong
▼ + stars: | 2023-09-06 | by ( Hayden Field | ) www.cnbc.com time to read: +13 min

For Appen, that would mean finding specialists in particular types of information that can bolster generative AI systems. Even before the generative AI transition, wages for Appen's data labelers were a sticking point. Kim Stagg, Appen's vice president of product, said the work required for generative AI services was different than what the company has needed in the past. "With generative AI, we see a different demand." The company's plunging stock price suggests that investors don't see the company's business offerings transferring to the generative AI space.

Persons: Jonathan Raa, Mike Monegan, he'd, Appen, it's, Armughan Ahmad, Mark Brayan, Ahmad, Monegan, he's, Appen's, Helen Johnson, Fab Dolan, Sujatha Sagiraju, Elena Sagunova, Jen Cole, Jukka Korpi, Still, OpenAI's, Google's Bard, didn't, Bard chatbot, Ed Stackhouse, raters, Erik Vogt, Vogt, hadn't, Kim Stagg, we've, Stagg, Lisa Braden, Harder, Canaccord Organizations: Nurphoto, Microsoft, Apple, Google, Amazon, Nvidia, Revenue, CNBC, Australian Securities Exchange, Adobe, U.S . National Labor Relations Board Locations: Seattle, Europe, Middle East, Africa

Every day, Vélina Élysée Charlier drives past barricaded neighborhoods and frequently sees dead bodies lying on the street, she said, a result of score-settling between gangs and vigilantes in Haiti’s capital. After dusk, she never leaves home for fear of being killed or kidnapped. When her 8-year-old daughter got appendicitis one evening, Ms. Charlier said, the family waited until morning to get her medical care since driving to a hospital was out of the question. “Port-au-Prince looks like something out of hell these days,” said Ms. Charlier, 42, a prominent anticorruption activist in the city and mother of four who lives in a hillside area of the capital. After that desperate appeal, a force led by Kenya finally seems close to materializing in what would be the first time an African country leads such a mission in one of the Americas’ most unstable places.

Persons: Charlier, ” Locations: “, Kenya

CANBERRA, Australia (AP) — The boss of Australian airline Qantas said Tuesday he would leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been canceled. The airline said Vanessa Hudson would take over as managing director and group chief executive from Wednesday. The announcement came after a difficult few weeks for Qantas and Joyce. Qantas previously acknowledged its standards had fallen well short of expectations as the airline emerged from the COVID-19 pandemic. The airline has since come under pressure to pay back the AU$2.7 billion it received from the Australian government during the coronavirus pandemic.

Persons: Alan Joyce, Vanessa Hudson, Joyce, Qantas “, ”, Vanessa, Richard Goyder, “ Alan, ” Goyder, Hudson Organizations: Qantas, Australian Competition, Consumer Commission, “ Locations: CANBERRA, Australia

☆ Asia's factory activity weakens, China's rebound offers some hope
▼ + stars: | 2023-09-01 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

While the rebound in China's factory conditions say be a sign official efforts to revive growth is starting to have some effect, manufacturing activity in most of Asia remained stagnant in August. "It's unlikely we'll see a sharp, quick rebound in China's economy. Asia has been among the few bright spots in the global economy, though persistent weakness in China cloud the outlook. It expects China's economy to expand 5.2% this year after a 3.0% increase in 2022. Factory activity also contracted in Taiwan, Malaysia and the Philippines last month, with Indonesia the outlier with a modest expansion, surveys showed.

Persons: Siyi Liu, Toru Nishihama, Leika, Shri Navaratnam Organizations: REUTERS, PMI, P Global, Dai, Research, International Monetary Fund, Jibun Bank, Thomson Locations: Dezhou, Shandong province, China, Japan, Korea, TOKYO, Asia, South Korea, Taiwan, Malaysia, Philippines, Indonesia

☆ Haitians fleeing gangs set up camp around capital's main square
▼ + stars: | 2023-09-01 | by ( Harold Isaac | ) www.reuters.com time to read: +3 min

man carries an elderly man as they flee their neighbourhood Carrefour Feuilles after gangs took over, in Port-au-Prince, Haiti August 15, 2023. Dailove Pompilus, who was nine months pregnant, said she had no choice but to come to the Champ de Mars square after the gang attacked her home in Carrefour Feuilles, killing her 3-year-old son. Yves Penel, a theater manager speaking at the main square, said hundreds of people had arrived overnight on Thursday and they had created committees to manage food, water and hygiene. "I grew up in Carrefour Feuilles," said Penel. Thursday night marked the first time since the catastrophic 2010 earthquake that people have camped in the Champ de Mars, the capital's main square that is home to historical monuments honoring heroes of the Haitian Revolution.

Persons: Ralph Tedy Erol, Renel Destina, Dailove Pompilus, Sophia Jean, Yves Penel, de Mars, Clerina Coffy, Harold Isaac, Jean Loobentz Cesar, Sarah Morland, Andy Sullivan, Rosalba O'Brien, William Mallard Organizations: Carrefour, REUTERS, United Nations, . Security, Kenyan, Thomson Locations: Carrefour Feuilles, Port, Prince, Haiti, Haitian, Jeremie, Mexico City

☆ US to continue deporting Haitians as it evacuates its citizens
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ralph Tedy Erol Acquire Licensing RightsWASHINGTON/PORT-AU-PRINCE, Aug 31 (Reuters) - The United States will continue deporting Haitian migrants back to their country, a spokesperson from the Department of Homeland Security said on Thursday, amid worsening gang warfare that prompted it a day earlier to urge its own citizens to evacuate. "Removals of Haitian nationals encountered at our southern border and repatriation of Haitian nationals encountered at sea continue," the spokesperson said, noting the Biden administration had expanded parole processes for Haitian migrants. "Those interdicted at sea are subject to immediate repatriation, and those encountered in the United States without a legal basis to remain are subject to removal," they said. The United Nations and human rights group have called on the United States and other countries to stop this practice. U.S. border authorities encountered more than 125,000 Haitians between last October and July, according to U.S. Customs and Border Protection.

Persons: Ralph Tedy Erol, Biden, Toussaint, Ted Hesson, Sarah Morland, Stephen Coates Organizations: Boeing, Omni Air International, REUTERS, PORT, Department of Homeland Security, United Nations, U.S . Customs, Protection, Homeland Security, Reuters, Omni Air, Integrated, Thomson Locations: U.S, Port, Prince, Haiti, WASHINGTON, United States, Washington, Mexico City

☆ Visa, Mastercard Prepare to Raise Credit-Card Fees
▼ + stars: | 2023-08-30 | by ( Angel Au-Yeung | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: mastercard

☆ US embassy in Haiti urges citizens to leave country 'as soon as possible'
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

Men run next to burning tires during a protest demanding an end to gang violence, in Port-au-Prince, Haiti, August 14, 2023. REUTERS/Ralph Tedy Erol/File Photo Acquire Licensing RightsAug 30 (Reuters) - The U.S. Embassy in Haiti on Wednesday urged citizens in the Caribbean country to leave "as soon as possible" citing security and infrastructure challenges, as escalating violence has left thousands displaced and sent homicides soaring. "U.S. citizens in Haiti should depart Haiti as soon as possible via commercial or private transport," the embassy said in a statement, urging extreme caution. Earlier this month, the U.S. Embassy in the capital Port-au-Prince temporarily closed, due to gunfire in the vicinity. Reporting by Brendan O'Boyle and Jasper Ward; Editing by Isabel Woodford and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Ralph Tedy Erol, Brendan O'Boyle, Jasper Ward, Isabel Woodford, Bill Berkrot Organizations: REUTERS, U.S, Embassy, Wednesday, United Nations, Thomson Locations: Port, Prince, Haiti, Caribbean, Jasper

☆ Reaction to Gabon army officers announcing coup
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +4 min

Below are reactions to what appeared to be the eighth military coup in West and Central Africa since 2020. FRENCH GOVERNMENT SPOKESPERSON OLIVIER VERAN"We condemn the military coup and recall our commitment to free and transparent elections." EU HIGH REPRESENTATIVE FOR FOREIGN AFFAIRS AND SECURITY POLICY JOSEP BORRELL"If this is confirmed, it is another military coup which increases instability in the whole region. RUSSIAN FOREIGN MINISTRY SPOKESPERSON MARIA ZAKHAROVA"Moscow has received with concern reports of a sharp deterioration in the internal situation in the friendly African country. U.N. SECRETARY-GENERAL ANTONIO GUTERRES"The Secretary-General is following the evolving situation in Gabon very closely.

Persons: Gerauds Wilfried Obangome, Ali Bongo, Moussa Faki Mahamat, BOLA TINUBU'S, Bola Ahmed Tinubu, GENERAL PATRICIA SCOTLAND, OLIVIER VERAN, WANG WENBIN, Bongo, JOSEP BORRELL, MARIA ZAKHAROVA, JOHN KIRBY, It's, GENERAL ANTONIO GUTERRES, Nellie Peyton, Sofia Christensen, Alexander Winning, Sharon Singleton, Andy Sullivan Organizations: REUTERS, Central African, AU, H.E, WEST, BLOC ECOWAS, GENERAL, Commonwealth Secretariat, MINISTRY, EU HIGH, Thomson Locations: Libreville, Gabon, West, Central Africa, Gabonese Republic, Republic, NIGERIA, African Union, CHINA, China, Central African Republic, Mali, Burkina Faso, Niger, Moscow

☆ Bassie Maluleka: The South African photographer on a quest to bring Black women to the forefront of fashion and commercial advertising
▼ + stars: | 2023-08-29 | by ( Kaito Au | ) edition.cnn.com time to read: +5 min

CNN —Whether she’s shooting an advertising campaign for Nike or a photo spread for Vogue, photographer Bassie Maluleka’s images will likely have a common theme. By highlighting Black women, she seeks to bring an often-underrepresented demographic to the forefront. “I have a plan; I know what I’m going to do.’”Honing her craftAs an early-career photographer, Maluleka honed her craft through countless test shoots. A self-portrait of South African photographer Bassie Maluleka. “We exist; we just haven’t had much limelight shone our way.”Maluleka said she felt this acutely in South Africa.

Persons: Bassie, ” Maluleka, Maluleka, “, ”, photoshoots, Bassie Maluleka, Victoria Baldwin, Baldwin, haven’t, “ Liezl Organizations: CNN, Nike, Vogue, Puma, Vogue Italia, British, of, Women’s Locations: South Africa, Pretoria, Australia, New Zealand

☆ Gang in Haiti opened fire on church-led protest, killing at least 7 people, human rights groups say
▼ + stars: | 2023-08-27 | by ( Michelle Velez | ) edition.cnn.com time to read: +3 min

CNN —At least seven people are dead after a gang opened fire on a church-led protest in a suburb of Haiti’s capital on Saturday, according to local human rights groups. Hundreds of people gathered by a Christian church leader, marched in Canaan, a northern suburb of capital Port-au-Prince, and rallied against gang violence when a local gang opened fire with machine guns, Marie Yolène Gilles, director of human rights group Fondasyon Je Klere, told CNN. The number of people killed is likely higher, given the number of parishioners at the march, said Center for Analysis and Research in Human Rights director Gédéon Jean. A video shared with CNN by a local human rights group shows bloody bodies on the ground, wearing shirts with the religious group’s logo. Gang violence in HaitiWaves of crime and unrest have hit Haiti since the assassination of former President Jovenel Moïse in 2021.

Persons: Marie Yolène Gilles, Gédéon Jean, ” Jean, Jean, Jovenel Moïse, Ariel Henry, Prince, Kale ”, María Isabel Salvador Organizations: CNN, Analysis, Human, Haitian National Police, United Nations Locations: Haiti’s, Canaan, Port, Haiti

☆ At least 7 killed after Haiti gang opens fire on church-led protest -rights group
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

PORT-AU-PRINCE, Aug 26 (Reuters) - At least seven people were killed in Haiti on Saturday, local rights group CARDH said, after a gang that controls a northern suburb of the capital Port-au-Prince opened fire with machine guns on a protest organized by a Christian church leader. Local media reported at least 10 had been killed, and CARDH director Gedeon Jean said the final number would likely be higher, adding that several people were wounded and some churchgoers had been kidnapped. Videos shared on X, the platform formerly known as Twitter, showed some 100 people, many wearing yellow shirts associated with the religious group of Pastor Marco, marching in the suburb Canaan, some carrying sticks and machetes. Many Haitians have joined civilian self-defense groups known as "Bwa Kale," a movement that has inspired hope but also sparked retaliation against civilians and stirred fears the groups are spurring on the violence. Reporting by Harold Isaac and Ralph Tedy Erol in Port-au-Prince and Sarah Morland in Mexico City; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: CARDH, Prince, Gedeon Jean, Pastor Marco, Kale, Harold Isaac, Ralph Tedy Erol, Sarah Morland, William Mallard Organizations: PORT, Local, Twitter, Thomson Locations: Haiti, Canaan, Port, Mexico City

☆ Jill Lepore Revisits American Myths With an Eye to the Present
▼ + stars: | 2023-08-26 | by ( Sloane Crosley | ) www.nytimes.com time to read: +2 min

THE DEADLINE: Essays, by Jill LeporeIn 1636, at the height of the Dutch economic hysteria known as Tulipomania, John Harvard helped found the first college of the American colonies. It’s a good thing I do not have Jill Lepore’s job. The phrase “historical framework” is insufficient when it comes to Lepore, who also provides the picture and the glass. Through these figures Lepore covers American consumerism, literary biography, journalism, intellectual property law and other cultural curiosities. But it’s her inclinations toward misfits and old narratives we have taken for granted that make “The Deadline” glow.

Persons: Jill Lepore, John Harvard, Jill Lepore’s, John Harvard’s, ”, Lepore, Jane Franklin, Lela, Robert L, Ripley, Who ”, Rachel Carson, Mary Shelley, “ Frankenstein, Fredrick Douglass, Joan Didion’s, Ruth Bader Ginsburg’s, “, Karl Marx, Walt Whitman Organizations: Yorker, Magna Carta, Mattel, Affordable, Lepore

☆ Choreographers Make Their Own Kind of Administrative Dance
▼ + stars: | 2023-08-26 | by ( Margaret Fuhrer | ) www.nytimes.com time to read: +2 min

The Creative Administration Research program pairs choreographers with what it calls thought partners, collaborators who might be business-minded arts administrators, funders or presenters, but who are also often working artists. The program has also hosted two summits, bringing several dozen artists and leaders to the center’s University of Akron home to share their insights into creative administration. (And to dance together — or to “physicalize their administrative thinking and dreaming,” as a news release said.) Banning Bouldin, who uses they/them pronouns, formerly ran their Nashville organization, New Dialect, as a conventional dance company, though their goal was to create a dance hub for the city. “We’re serving more artists and more of the community in a way that’s financially sustainable.”Rosie Herrera, the director of Rosie Herrera Dance Theater, found that Creative Administration Research affirmed many of her existing ways of working.

Persons: Byron Au Yong, Raja Feather Kelly, Takahiro Yamamoto, Au Yong, Banning Bouldin, John Michael Schert, ” Bouldin, “ We’re, Rosie Herrera, ” Organizations: Creative Administration, center’s University of Akron, Rosie Herrera Dance, Creative Administration Research, Latina Locations: United States, Nashville, Miami

☆ Haitians shelter in sports center as fresh attacks displace nearly 9,000
▼ + stars: | 2023-08-26 | by ( Jean Loobentz Cesar | ) www.reuters.com time to read: +3 min

A man carries an elderly man as they flee their neighbourhood Carrefour Feuilles after gangs took over, in Port-au-Prince, Haiti August 15, 2023. Residents began moving out of the area en masse from Aug. 12, when armed gangs mounted their attacks on the area. Ariel Henry, Haiti's unelected prime minister, called for urgent international security assistance last October. "Even if this foreign force comes, when it leaves we will be in the same situation," said Youseline. Reporting by Jean Loobentz Cesar in Port-au-Prince and Sarah Morland in Mexico City; Editing by Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Ralph Tedy Erol, Ariel Henry, Henry, Orisca Marie Youseline, Kale, Feuilles, Gedeon Jean, Tropical Storm Franklin, Jean, Jean Loobentz Cesar, Sarah Morland, Andrea Ricci Organizations: Carrefour, REUTERS, Residents, Security, Gymnasium Vincent, Embassy, Lycee Carrefour, Tropical, Monde, Thomson Locations: Carrefour Feuilles, Port, Prince, Haiti, Carrefour, Mexico City

☆ Alix Dorsainvil: 'One day I hope to hug you in heaven,' US nurse tells kidnappers who held her for 13 days in Haiti
▼ + stars: | 2023-08-24 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +4 min

The US State Department that day ordered the departure of nonemergency government personnel from Haiti, where the security situation recently has deteriorated. Authorities registered 1,014 kidnappings in Haiti from January to June this year – 256 women, 13 girls and 24 boys – according to a United Nations report. El Roi HaitiDorsainvil first visited Haiti after the 2010 earthquake while she was still in college and “fell in love with the people,” El Roi Haiti said in a statement. She’d been on El Roi Haiti’s staff as a nurse to schoolchildren since 2020 and married the non-profit’s director, Sandro Dorsainvil, in 2021, the organization said. “Despite what happened to me, my love for you all, my love for Haiti has not changed or gone away,” she said.

Persons: Alix Dorsainvil, ” Dorsainvil, “, ”, Dorsainvil, Dorsainvil’s, Duvivier, Jesus Christ, El, El Roi Haiti Dorsainvil, ” El, She’d, Sandro Dorsainvil, I’d, I’ve Organizations: CNN, YouTube, US State Department, Prince, Authorities, United, El Roi Haiti Locations: Haiti, Haitian, The New Hampshire, El Roi Haiti, Port, United Nations, El Roi, ” El Roi Haiti, Caribbean, El

☆ 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

☆ Australia's Qantas delivers record profit, reveals plans to increase international fleet
▼ + stars: | 2023-08-24 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +2 min

Phil Noble | ReutersAustralia's flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom post-pandemic, with the airline announcing a share buyback and plans to bring more planes to the sky. Stock Chart Icon Stock chart iconDemand for domestic and international flights have made steady recovery since the pandemic, and the airline is set to increase its fleet. Shares of Qantas closed more than 1% higher on Thursday. "We have a commitment to over 170 aircrafts over the next decade, and that allows us to renew our domestic and international fleet," Joyce said. watch nowNew flight routes are also in the works, with long-haul direct flights from Sydney to London and New York set to take off in 2025.

Persons: Phil Noble, Alan Joyce, CNBC's, Joyce Organizations: Transport Workers, Union, Qantas, Reuters Australia's, Qantas Airways, Airbus, Boeing Locations: Sydney, London, New York

☆ The CEO of a bank in Australia is getting slammed for ordering staff back to the office not for productivity — but for 'mental health'
▼ + stars: | 2023-08-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

A regional bank CEO in Australia has ordered employees to return to the office more often. She said the return-to-office is for the employees' own "mental health" rather than for productivity. This is about our own mental health, this is about the fact that we are a relationship bank, and we talk about our relationships with our customers and communities," she said. Dimon even said employees can go work elsewhere if they don't like long commutes into the office. AdvertisementAdvertisementEven Goldman Sachs wants staffers to return to the office five days a week, upping the crackdown on working from home.

Persons: Marnie Baker, news.com.au, Baker, Elon Musk, Jamie Dimon, Marc Andreessen, Dimon, Musk, Goldman Sachs Organizations: Service, Adelaide Bank, SpaceX, JPMorgan, CNBC Locations: Australia, Wall, Silicon, Bendigo

☆ A top realtor got fired after trash-talking tenants on social media, reports say
▼ + stars: | 2023-08-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Aimee Marsh had worked for Ray White Aspley in Brisbane, Daily Mail Australia reported. The Facebook posts have since been deleted, but screenshots were reported by both news.com.au and Daily Mail Australia . "We respect and value each and every one within our community, and we have a big community of people who rent," the Ray White representative said. According to news.com.au, Marsh was once named agent of the month by Ray White Aspley after selling properties worth 3.7 million Australian dollars. Marsh and Ray White Aspley didn't immediately respond to requests for comment from Insider, made outside normal working hours.

Persons: Aimee Marsh, Ray White Aspley, Marsh, Ray White, I've, Ray White Aspley didn't Organizations: Facebook, Daily Mail Australia, Service, Daily Mail, Courier Mail, realtors, SQM Research Locations: Australian, Brisbane, Wall, Silicon, Australia, news.com.au

CNN —The African Union has suspended Niger following the takeover of the West African country by a military junta on July 26. The council will review an assessment of the “economic, social and security implications of deploying a Standby Force in Niger,” it said. ECOWAS chiefs had initially given the junta a seven-day ultimatum to restore power or face consequences, including military action. That planned action did not happen as many attempts at dialogue and diplomacy have been made by ECOWAS and allies such as US and the European Union. The African Union affirmed its “solidarity” with ECOWAS’s efforts to restore constitutional order in Niger “through diplomatic means,” it said.

Persons: –, “, Security Abdel, Fatau Musah, General Abdourahamane Tchiani, Mohamed Bazoum, ” Organizations: CNN, African Union, Security, West, Economic, West African States, Force, European Union, Political Affairs, Peace, Union Locations: Niger, West, Republic of Niger, ”, Ghana

☆ Australia's IAG misses annual cash earnings estimates; shares slip
▼ + stars: | 2023-08-21 | by ( Nausheen Thusoo | ) www.reuters.com time to read: +2 min

Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. The country's top general insurer posted cash earnings of A$452 million ($290.00 million) for the year ended June 30, up from A$213 million a year ago but missing analysts' average estimate of A$656.7 million, according to Refinitiv Eikon data. Australian insurers have seen their profits soar this year, as they incur higher premiums in an elevated interest-rate environment, while also benefiting from a rebound in investment income. The company also expects an insurance margin in fiscal 2024 of 13.5%–15.5%, higher than the 12.6% margin last year. However, elevated inflation in home and motor claims costs, as well as the higher natural perils allowance, impacted the underlying insurance margin, IAG said in a statement.

Persons: Dado Ruvic, IAG, Nick Hawkins, Nausheen Thusoo, Archishma Iyer, Paul Simao, Stephen Coates, Rashmi Organizations: Insurance, REUTERS, cps, Insurance Australia Group, New Zealand, Citi, UBS, Thomson Locations: Australia, New

☆ Australia's IAG sees lower double-digit gross written premium growth
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. Australia's top general insurer reported a 10.6% rise in GWP to A$14.73 billion ($9.4 billion) for fiscal 2023, matching the Refinitiv estimate. The company also expects an insurance margin in fiscal 2024 of 13.5%–15.5%, higher than the pervious year's margin of 12.6%. IAG also declared a dividend of 9 Australian cents per share, up from 5 cents per share a year ago. The insurer posted cash earnings of A$452 million for the 12 months ended June 30, up from A$213 million a year ago.

Persons: Dado Ruvic, Nick Hawkins, IAG, Refinitiv Eikon, Nausheen Thusoo, Archishma Iyer, Paul Simao, Stephen Coates Organizations: Insurance, REUTERS, cps, Insurance Australia Group, ”, Thomson Locations: GWP

☆ Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
▼ + stars: | 2023-08-19 | by ( Peter Rudegeair | Angel Au-Yeung | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/c-suite/dan-schulman-took-paypal-to-new-heights-hes-having-a-bumpy-landing-ee0089cf

Persons: Dow Jones, schulman Organizations: paypal

A man carries an elderly man as they flee their neighbourhood Carrefour Feuilles after gangs took over, in Port-au-Prince, Haiti August 15, 2023. REUTERS/Ralph Tedy Erol/File Photo Acquire Licensing RightsAug 18 (Reuters) - The United Nations on Friday estimated that more than 350 people have been killed in Haiti by civilian vigilante groups since April, amid escalating gang violence that has in recent days has forced thousands to flee in parts of the capital. The report comes after fighting intensified late last week around the capital's heavily populated Carrefour Feuilles neighborhood, where attacks from the Grand Ravine gang prompted around 5,000 people to flee their homes. "We used to see clashes between gangs, now it's gangs against the population," said Serge Dalexis, the head of the International Rescue Committee's Haiti office. Reporting by Isabel Woodford and Sarah Morland; Editing by Mark Potter and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Ralph Tedy Erol, Kale, Human Rights Ravina Shamdasani, Serge Dalexis, Prince, Dalexis, Shamdasani, Isabel Woodford, Sarah Morland, Mark Potter, Sandra Maler Organizations: Carrefour, REUTERS, United Nations, Human Rights, Carrefour Feuilles, Food, Thomson Locations: Carrefour Feuilles, Port, Prince, Haiti, Haiti's, Kenya

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