DIRS.INFO The most relevant business & tech news

☆ Ten foreigners arrested as $735 million in cash and assets seized in Singapore
▼ + stars: | 2023-08-17 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —Ten foreign nationals have been arrested in Singapore on suspicion of committing offenses such as forgery and money laundering after about S$1 billion ($735 million) worth of cash and assets were seized in raids across the country. Two gold bars, more than S$23 million ($17 million) in cash, more than 250 luxury bags and watches, more than 270 jewelry items, more than 120 electronic devices and 11 documents related to virtual assets were seized, according to police. Also targeted were 94 properties and 50 vehicles, with an estimated total value of more than S$815 million ($599 million), police added. Prohibition of disposal orders were issued against 50 vehicles and 94 properties -- with an estimated total value of more than S$815 million ($599 million). If found guilty, individuals charged with money laundering could face up to 10 years in prison and/or a fine of up to hundreds of thousands of dollars.

Persons: David Chew, Ho Hern Shin Organizations: CNN, Singapore Police Force, Police, Facebook, Reuters, Cypriot, Commercial Affairs Department, Financial Intelligence, Monetary Authority of Singapore, MAS, Gallup’s Global Locations: Singapore

☆ Lahaina wildfire insured property loss to be about $3.2 bln - KCC
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

The damage at the Ho'Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Acquire Licensing RightsAug 16 (Reuters) - Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are estimated to be about $3.2 billion, catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday. More than 2,200 structures fall within the fire perimeter, KCC estimated, citing an independent geospatial analysis of satellite and aerial imagery. The high proportion of wood frame and older construction present in the Lahaina buildings likely contributed to the damage, it said. Moody's Investors' Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii would be at least $1 billion.

Persons: Jorge Garcia, Karen Clark, KCC, Aon, Noor Zainab Hussain, Saumyadeb Organizations: REUTERS, Karen Clark & Company, Insurance, Investors, Tokio, Allstate, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Bengaluru

☆ Appeals court imposes restrictions on abortion pill, but drug will stay on the market for now
▼ + stars: | 2023-08-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

A federal appeals court on Wednesday imposed restrictions on the abortion pill mifepristone, though the ruling will not have an immediate impact. The ruling by the U.S. 5th Circuit Court of Appeals is paused from taking effect until the Supreme Court makes a decision about the case. The appeals court Wednesday ruled that the several decisions the Food and Drug Administration took to make the abortion pill more broadly available to women were illegal. If the Supreme Court upholds Wednesday's ruling, women would no longer be able to obtain the abortion pill by mail. That is basically the narrative you all are putting forth — nobody should ever question the FDA," Ho said during the hearing.

Persons: Biden, Jennifer Walker Elrod, Judge James Ho, mifepristone, Roe, Wade, Elrod, George W, Bush, Ho, Cory Wilson, Donald Trump, Danco Organizations: Alamo Women's, U.S, and Drug Administration, FDA, Food, Circuit, Danco Laboratories, Alliance for Hippocratic Medicine, Republican Locations: Carbondale , Illinois, U.S

Used boxes of Mifepristone, the first pill in a medical abortion, line a trash can at Alamo Women's Clinic in Carbondale, Illinois, U.S., April 20, 2023. Circuit Court of Appeals stopped short of ruling that the drug must be pulled off the market altogether, as a lower court had done. The three-judge 5th Circuit panel was reviewing an order in April by U.S. District Court Judge Matthew Kacsmaryk in Amarillo, Texas. They contend the FDA used an improper process when it approved mifepristone in 2000 and did not adequately consider the drug's safety when used by minors. The court also reversed the agency's 2016 decision to allow mifepristone to be used up to 10 weeks of pregnancy, up from seven.

Persons: Evelyn Hockstein, Matthew Kacsmaryk, Kacsmaryk, Erin Hawley, William Ho, mifepristone, telemedicine, Jennifer Walker Elrod, Wade, Brendan Pierson, Nate Raymond, Cynthia Osterman Organizations: Alamo Women's, REUTERS, Circuit, U.S, Supreme, U.S . Food, Drug Administration, White, Alliance, Hippocratic Medicine, FDA, Alliance Defending, STATES, Guttmacher Institute, American College of Obstetricians, American Medical Association, Thomson Locations: Alamo, Carbondale , Illinois, U.S, New Orleans, Amarillo , Texas, New York, Boston

☆ TikTok influencers want to rent you a very cool home. Just don't call them landlords.
▼ + stars: | 2023-08-16 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

While live-in landlords are far from a novel concept, the pandemic-era fever around passive income and real-estate investing has sparked a rise in the popularity of house hacking. While Turner's initial strategy emphasized small multifamily buildings, some house hackers applied the concept to single-family homes. In 2019, he published a book called "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom." And I think house hacking is one obvious way to eliminate, or at least drastically reduce, what likely is your largest expense." "Yeah, it's called 'house hacking," the owner and roommate, also played by Jarman, who has 4 million followers, replies.

Persons: Kelly Clark, Clark, scoffed, TikTok, Zers, Brandon Turner, Turner, Ryan Lehman, Lehman, Brandon, I'm, Craig Curelop, BiggerPockets who's, Curelop, influencer Addison Jarman, renter, it's, Jarman, Jay Parsons, John Liang, TikToker, Liang, —, It's, doesn't, Insider's Daniel Geiger, she'd, James Rodriguez Organizations: Federal Housing Administration, BiggerPockets, Census, YouTube, RealPage Locations: Spokane , Washington, Silicon, millennials, Seattle, Spokane

☆ 'Ho hum holiday' expected as shoppers deal with economic cross currents
▼ + stars: | 2023-08-16 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Even though it’s still August, eyes are already on how the upcoming holiday shopping season will pan out. Coresight expects the 2023 year-end holiday sales for October through December to be up by just low single digits from a year ago. Harmon said this year’s forecast rests on the shoulders of “a couple of good years of strong holiday sales growth, making comparisons more difficult, and takes into account holiday spending is occurring sooner.”“The patterns of holiday spending have changed. The same pattern was repeated last year, effectively elongating the holiday sales season. At the same time, Harmon said US retail sales are slowing.

Persons: it’s, ”, John Harmon, Coresight, Harmon, Marshal Cohen, Cohen, ” Cohen Organizations: New, New York CNN, Coresight Research, National Retail Federation, Amazon, Walmart, Home, CNN, Federal Reserve Bank of New, P Global Market Intelligence Locations: New York, Santa, Federal Reserve Bank of New York

Circuit Court of Appeals stopped short of ruling that the drug must be pulled off the market altogether, as a lower court had done. A spokesperson for the U.S. Department of Justice said that the Biden administration will appeal the ruling to the U.S. Supreme Court. President Joe Biden, a Democrat, supports abortion rights and last year ordered the federal health agency to expand access to mifepristone. [1/2]Used boxes of Mifepristone, the first pill in a medical abortion, line a trash can at Alamo Women's Clinic in Carbondale, Illinois, U.S., April 20, 2023. The U.S. Supreme Court last year overturned its landmark Roe v. Wade ruling that had legalized abortion nationwide.

Persons: Biden, Joe Biden, Matthew Kacsmaryk, Kacsmaryk, Erin Hawley, Susan B, Anthony Pro, Alexis McGill Johnson, Evan Masingill, Evelyn Hockstein, James Ho, mifepristone, telemedicine, Jennifer Walker Elrod, Wade, Brendan Pierson, Patrick Wingrove, Nate Raymond, Sharon Bernstein, Trevor Hunnicutt, Cynthia Osterman Organizations: Circuit, U.S . Department of Justice, U.S, Supreme, Alliance, Hippocratic Medicine, FDA, Alliance Defending, Planned Parenthood Federation of America, U.S . Food, Alamo Women's, REUTERS, Guttmacher Institute, American College of Obstetricians, American Medical Association, Reuters, Thomson Locations: U.S, New Orleans, Amarillo , Texas, Alamo, Carbondale , Illinois, New York, Boston, Sacramento , California, Washington

☆ AI is going to eliminate way more jobs than anyone realizes
▼ + stars: | 2023-08-14 | by ( Emil Skandul | ) www.businessinsider.com time to read: +16 min

We didn't see the internet coming, but AI is within viewThe adoption of groundbreaking technology is often hard to predict. The World Economic Forum estimated 83 million jobs worldwide would be lost over the next five years because of AI, with 69 million jobs created — that leaves 14 million jobs that will cease to exist during that timeframe. In the US, the knowledge-worker class is estimated to be nearly 100 million workers, one out of three Americans. The small and large compounding effects of productivity growth across many industries are central to the growth trajectory and the long-run effects of AI. This is an alarmingly trivial amount for an economy of $25 trillion GDP and over 150 million workers.

Persons: Goldman Sachs, Joseph Schumpeter, Bill Gates, David Letterman, Paul Krugman, Erik Brynjolfsson, —, Brynjolfsson, Robert Solow, Robert Gordon, provocatively, It's, Gordon, David Autor, Maria Flynn, Flynn, –, Georgia –, Emil Skandul, Tony Blair Organizations: McKinsey, Newsweek, Stanford University, Microsoft, Amazon, Cisco, Economic, International Labor Organization, Organization for Economic Co, Development, MIT, Congressional, Office, Department of Labor, Tony Blair Institute Locations: Washington, Singapore, New York, Georgia

Those winds also battered power lines on the island, and dramatic videos show lines swaying and being toppled in the gusts. Now, some locals are casting blame on Hawaiian Electric, the state’s biggest utility, for not shutting off power to high-risk areas – and claiming that its power lines could have sparked the deadly fire. State officials were well aware of the danger posed by downed power lines during hurricanes. A 2021 state report noted that “downed power lines” and “residential and wildland fires” were hazards related to hurricanes. Maui Mayor Richard Bissen said Thursday that power lines that were “still energized” had fallen on the roads.

Persons: Shane Treu, Treu, ” Treu, kindling, Lisa Treu, –, ”, “, Hurricane Dora, “ inexcusably, Jim Kelly, ” Kelly, Kelly, Richard Bissen, Yuri Iwamura, hydrants –, Cole Millington, Millington, Bradford Ventura, Adam Weintraub, ” Weintraub, Jill Tokuda, Keahi Ho, John Stufflebean, Josh Green, Anne Lopez, ” Green, “ It’s, Dora, Abby Frazier, Dora inched, Josh Stanbro Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, Reuters, Electric, National Weather Service, Hawaiian Electric Company, Public Utilities Commission, Hawaii Wildfire Management Organization, Maui, Volunteers, Getty, Facebook, Bradford, Hawaii Emergency Management Agency, Democrat, New York Times, Maui County Department of Water Supply, Times, Government, Hawaii Gov, Clark University Locations: Mauna, Lahaina, Maui, Hawaii, County, California, Paradise, West Maui, Maalaea, AFP, “, Maui County, United States, Massachusetts

☆ Death toll from Hawaii wildfires will rise as search teams comb Lahaina wreckage, governor says
▼ + stars: | 2023-08-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

Maui Police Chief John Pelletier speaks about the wildfire during a media conference in Kahului on Maui island, Hawaii, Aug. 12, 2023. Cars drive away from Lahaina, Hawaii, on Aug. 10, 2023, after wildfires worsened by high winds burned most of the town. A burnt car is seen at the Ho'Onanea condominium complex, in Lahaina, Maui, Hawaii, Aug. 10, 2023. "We'll know soon whether or not they did enough to get those sirens going," Green told MSNBC. Davilynn Severson and Hano Ganer look through the ashes of their family's home for belongings on Aug. 11, 2023, in the aftermath of a wildfire in Lahaina, Maui, Hawaii.

Persons: Josh Green, Green, John Pelletier, Mike Blake, Pelletier, " Pelletier, Hurricane Dora, Marco Garcia, Reuters Green, We'll, Davilynn, Patrick T, Fallon Organizations: Lahaina ., Lahaina . Hawaii Gov, CBS, Maui Police, Reuters Maui Police, aloha, Reuters, MSNBC, Staff, Reuters Authorities, Hawaii Emergency Services Administration, AFP, Getty Locations: Hawaii, Lahaina, Lahaina . Hawaii, U.S, Kahului, Maui, Hurricane, Lahaina , Hawaii, America, Maui County, Minnesota, Upper Kula

These two firefighters declined to be named because they were not authorized to discuss the emergency effort. The water pressure was a continuing problem, he said. At one point, the crew found a hydrant further north that seemed to have more water, and they doused a commercial building. They left the scene, he said, hoping that the water they had applied to the structure would be enough to keep it safe. “I thought it had a chance,” Mr. Ho said.

Persons: Ho, Mr, ” Organizations: Hawaii Fire Fighters Association Locations: Maui, Lahaina

☆ Hawaii wildfires to cause second-largest total insured loss in state's history - KCC
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +1 min

The damage at the Ho'Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge GarciaAug 11 (Reuters) - The total insured loss from the ongoing wildfires on Maui island is expected to be the second largest in Hawaii's history, according to catastrophe modeling firm Karen Clark & Company (KCC). The firm estimates the total area burned at about 2,200 acres, while roughly 3,500 buildings within the fire perimeter. Insurance broker Aon said the extreme devastation to homes, businesses and other structures in Lahaina would likely drive economic and insured losses into the hundreds of millions of dollars. Reporting by Manya Saini in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Jorge Garcia, Karen Clark, KCC, Aon, Manya Saini, Shilpi Majumdar Organizations: REUTERS, Karen Clark & Company, Maui, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Hawaiian, Bengaluru

☆ Vietnamese EV maker VinFast gets go ahead for Nasdaq SPAC listing
▼ + stars: | 2023-08-10 | by ( Phuong Nguyen | ) www.reuters.com time to read: +3 min

Shareholders of Hong Kong-based Black Spade Acquisition (BSAQ.A), a blank-check company, voted on Thursday to approve the merger with VinFast. VinFast, in a joint statement with Black Spade, said it would list on the Nasdaq under the ticker symbol VFS "on or around August 15". It leaves VinFast's existing shareholders, including parent company Vingroup and Vuong, Vietnam's richest man, with 99% of shares in the company. "The voting results today are a vote of confidence in VinFast from Black Spade shareholders," VinFast's global head Thuy Le said in the statement. Black Spade was founded by the private investment arm of Lawrence Ho, son of the late gambling mogul Stanley Ho.

Persons: Mike Blake, VinFast, Black Spade, Pham Nhat Vuong, Thuy Le, Nikola Corp, EVs, VinFast's, Vuong, Lawrence Ho, Stanley Ho, Phuong Nguyen, Kirsten Donovan, Susan Fenton Organizations: Los Angeles Auto, REUTERS, U.S, Nasdaq, of Hong, VinFast, Black, Black Spade, Faraday, Nikola, Vingroup, Tesla, Thomson Locations: Los Angeles , California, U.S, HANOI, of Hong Kong, VinFast, North Carolina, Black, United States, Haiphong, Vietnam

☆ In the Art of Tuan Andrew Nguyen, Vietnam’s Nightmares Live On
▼ + stars: | 2023-08-10 | by ( Roberta Smith | More About Roberta Smith | ) www.nytimes.com time to read: +1 min

One of the wisest, most beautiful and unsettling exhibitions in New York this summer is “Tuan Andrew Nguyen: Radiant Remembrance” at the New Museum, a show about coming to terms with the intergenerational trauma of war. Nguyen works in video and also makes art objects pertaining to them. Nguyen was born in Saigon, Vietnam, in 1976, and came to the United States with his family three years later. The artist’s first major exhibition in an American museum, “Radiant Remembrance,” has been organized by Vivian Crockett, a curator at the museum, and Ian Wallace, a curatorial assistant. Its video installations focus on people who live in the shadow of the two long wars for Vietnamese independence.

Persons: “ Tuan Andrew Nguyen, Nguyen, ”, Vivian Crockett, Ian Wallace Organizations: New Museum Locations: New York, Saigon, Vietnam, United States, Oklahoma , Texas, Southern California, Ho Chi Minh City

☆ New Covid variant: EG.5 is on the rise as coronavirus cases and hospitalizations go up
▼ + stars: | 2023-08-09 | by ( Brenda Goodman | ) edition.cnn.com time to read: +6 min

CNN —There’s a new coronavirus variant topping the leaderboard in the United States: EG.5. And it represents another incremental tweak to the virus rather than a major evolutionary leap like the original Omicron strain. This mutation has appeared in other coronavirus variants before. EG.5 also now has its own offshoot, EG.5.1, that adds a second mutation to the spike. Topol says the US can’t afford to delay its Covid-19 vaccine rollout.

Persons: CNN —, it’s, David Ho, ” Ho, ”, Eric Topol, Anne Hahn, Dan Barouch, virologist, ” Topol, Mandy Cohen, Topol, Dr, Sanjay Gupta Organizations: CNN, EG, US Centers for Disease Control, Columbia University, Scripps, Research, World Health Organization, Yale School of Public Health, Harvard University, US Food and Drug Administration, CDC, CNN Health, FDA Locations: United States, Northeast, FL, Ireland, France, Japan, China, Boston

☆ World Scout Jamboree: Extreme weather forces teenagers to leave campsite early in South Korea event concludes early due to extreme weather in South Korea
▼ + stars: | 2023-08-07 | by ( Gawon Bae Jake Kwon Jessie Yeung | Gawon Bae | Jake Kwon | ) edition.cnn.com time to read: +3 min

The World Scout Jamboree, held in Saemangeum on the country’s west coast, saw nearly 40,000 teenagers turn up, according to organizers. The event was supposed to feature outdoor activities, cultural performances, sustainability workshops and other offerings for the participants, mostly middle and high schoolers. But extreme weather has put a dampener on festivities and scouts are now leaving the main venue almost a week ahead of schedule. The typhoon is forecast to hit South Korea on Thursday, with up to 6 inches (150 millimeters) of rainfall expected, according to CNN meteorologists. Participants play with a ball at the campsite for the 25th World Scout Jamboree in South Korea, on August 4, 2023.

Persons: Khanun, Kim Sung, Ho, Kim Hong, Kim Hyun, Yoon Suk Yeol, US Army Garrison Humphreys Organizations: South Korea CNN, Organization of, Scout Movement, Government of, CNN, Safety Management, Korean Meteorological Agency, South, US Army, Reuters Locations: Seoul, South Korea, Saemangeum, Republic of Korea, Korea, United States, Britain, Singapore

☆ South Korea to evacuate thousands of scouts due to expected typhoon
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: 1 min

Participants from UK prepare to leave the 25th World Scout Jamboree in Buan, South Korea, August 5, 2023. Yonhap via REUTERSSEOUL, Aug 7 (Reuters) - South Korea said on Monday that it would evacuate thousands of scouts taking part in a jamboree in the southwest of the country from Tuesday due to an expected typhoon. Kim Sung-ho, a senior interior ministry official, told a briefing that about 36,000 participants would be taken by bus to safer places that would not be in the path of the typhoon. Reporting by Ju-min Park; Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Sung, Ed Davies Organizations: Yonhap, REUTERS, Thomson Locations: Buan, South Korea, REUTERS SEOUL

☆ Native Americans Caught in Border Strife on Their Own Land
▼ + stars: | 2023-08-07 | by ( Jack Healy | More About Jack Healy | ) www.nytimes.com time to read: +1 min

It was pitch black when the Border Patrol rolled up to Raymond Mattia’s home on a remote corner of the Tohono O’odham reservation in southern Arizona, investigating a report of gunshots. Border agents, smugglers and migrants were a familiar sight in the tiny desert village a mile from the southern border where the Mattia family had lived for decades. But in a chaotic instant in May, three Border Patrol agents fatally shot Mr. Mattia as they came upon him in the desert, hitting him nine times, according to an autopsy. A Border Patrol report says he had tossed a sheathed machete toward an officer and then “abruptly extended his right arm.” His family said he was unarmed and posed no threat. His death has touched off an outcry on the Tohono O’odham (pronounced Toh-HO-noh AW-tham) Nation, which lies along 62 miles of the southern border, and stirred up long-running resentments over the federal agency’s presence on the Native American territory.

Persons: Raymond Mattia’s, Mattia, “ Organizations: Patrol, Border Patrol Locations: Arizona

☆ Tim Cook says he's using Apple's $3,500 Vision Pro headset daily. There are still no photos.
▼ + stars: | 2023-08-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Tim Cook wants you to know that he's using the Apple Vision Pro every single day. The Vision Pro is a major step into virtual reality, and is Apple's biggest launch since the iPhone. Tim Cook wants everyone to know he's apparently using Apple's upcoming Vision Pro headset every day, though not enough to share a selfie. A quick recap: The Apple Vision Pro is, to all intents and purposes, the company's shot at a virtual-reality headset. "There's enormous excitement around the Vision Pro," Cook insisted during the firm's quarterly earnings call Thursday.

Persons: Tim Cook, Mark Zuckerberg's, Cook, that's, We're, Sidney Ho, Alistair Barr, Apple Organizations: Apple Vision, Apple, Vision, Deutsche Bank, Apple's, Conference, VR

Rescue workers are seen at a scene where, according to media reports, nine people have been stabbed and four others hurt by a car driven by the suspected attacker in Seongnam, South Korea, August 3, 2023. The unexplained rampage came days after another rare stabbing attack in Seoul which killed one person and wounded three others. "I've been telling my families and friends to stay home," a 31-year-old Seoul resident said. Police Commissioner General Yoon Hee-keun on Thursday warned South Koreans to be on guard for such attacks and told officials to be vigilant. Experts said there was a risk similar crimes could follow, and urged authorities to swiftly analyse patterns in recent rampage crimes to come up with countermeasures.

Persons: I've, Lee Young, Choi Jun, Choi, Yoon Suk, Yoon Hee, Kim, Soo, hyang Choi, Ed Davies, Lincoln Organizations: Yonhap, REUTERS, Reuters, Police, South, Kyungnam University, Thomson Locations: Seongnam, South Korea, REUTERS SEONGNAM, Seoul, Minwoo

☆ Amid the Mountains, They Can Be ‘Open Without Being Judged’
▼ + stars: | 2023-08-04 | by ( Lisa Kennedy | ) www.nytimes.com time to read: +1 min

Realize Your Beauty isn’t packed with aspiring Audra McDonalds, Billy Porters and Sutton Fosters. “It’s not theater kids, necessarily,” Merkl said over coffee a few days before camp began. “Some of the kids love theater. Some of them are totally new to the theater, but their parents think that they could benefit from this. We are doing theater, but this is not a camp for them to come and learn Shakespeare.”Elise Arndt, a veteran theater camp counselor who flew in from Orange County, Calif., said: “Not all of them are going to be gung-ho theater people.

Persons: Audra McDonalds, Billy Porters, “ It’s, ” Merkl, ” Elise Arndt, ” Arndt, Kirkland Organizations: Girl Scouts of Locations: Sutton, Orange County, Calif, New York City, Girl Scouts of America

South Korean President Yoon Suk Yeol has warned extreme weather should be expected as the norm because of climate change, but extensive damage to property and farmland and human casualties for a second year, has cast doubt on the country's readiness. Kwon, who has been farming for 25 years, said it was the first time extreme weather conditions had caused such severe damage since she began growing watermelons 10 years ago. Farmers called for stronger preparations for global warming and asked the government to build more facilities to prevent damage from extreme climate changes. Neighbouring farmer Lee Gun-ho, 60, who cultivates lettuce and strawberries, says farming is always tricky when it comes to weather but more extreme conditions are occurring more frequently and unexpectedly. "However, it's getting warmer and sudden heavy rains are pouring a lot more.

Persons: Kwon Gye, Yoon Suk Yeol, Kwon, ”, Yoon, Lee, Jack Kim, Sharon Singleton Organizations: Farmers, Minwoo, Thomson Locations: South Korea, South, Nonsan ., Seoul

☆ Read Your Way Through Hanoi
▼ + stars: | 2023-08-02 | by ( Nguyễn Phan Quế Mai | ) www.nytimes.com time to read: +1 min

Read Your Way Around the World is a series exploring the globe through books. Hanoi has always been a city of tales and legends. Cradled by the silky Red River, Hanoi is also a city of loss and survival: It was destroyed time and time again during the French Indochina War, then the Vietnam War, when thousands of tons of bombs were dropped onto the city. But once in Hanoi, you will feel the energy of a city that constantly renews itself. If you prefer to get to know Hanoi via fiction, “Dumb Luck,” by Vu Trong Phung — a sarcastic novel set in Hanoi during the colonial period — is considered a classic of Vietnamese literature.

Persons: ”, Emperor Ly Thai, Luke Nguyen, banh, Huong, Ho Xuan Huong, Nguyen Quang Thieu, Vu Trong Locations: Hanoi, Indochina, Vietnam

☆ Exclusive: Thai, Vietnamese exporters renegotiate 500,000 T of rice deals
▼ + stars: | 2023-08-01 | by ( Naveen Thukral | ) www.reuters.com time to read: +3 min

A farmer harvests rice by a paddy field outside Hanoi, Vietnam June 10, 2019. Exporters are rushing to cover rice supplies from farmers who have raised prices following a surge in the world market, putting millions of dollars worth of deals at risk. 2 and 3 exporters respectively, are estimated to ship more than one million metric tons of rice in August. While large exporting houses are likely to fulfil contracts, smaller trading companies are expected to default on shipments, traders said. Importers, including the Philippines, are likely to seek direct deals with governments of exporting countries to ensure critical food supplies.

Persons: Rice, Naveen Thukral, Khanh Vu, David Evans Organizations: REUTERS, Reuters, Rice, Thomson Locations: Hanoi, Vietnam, Thailand, SINGAPORE, India, Asia, Africa, Singapore, Ho Chi Minh City, Philippines

☆ Apple expected to post third consecutive down quarter, but its forecast is more important
▼ + stars: | 2023-08-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

David A. Grogan | CNBCEmerging markets and ChinaSome analysts are eager to see Apple give data points on India sales. India became one of Apple's top five iPhone markets during the quarter, according to analyst estimates. If Apple stockpiled parts and has enough to make what it needs to produce, it could help margins, analysts say. Wall Street likes to see Apple's services business grow regularly and smoothly, because the margins on services are so much higher than when Apple sells hardware. Apple suggested a 5% year-over-year increase in services, and FactSet's estimates more than $20.7 billion in revenue.

Persons: Tim Cook, Valley's Allen, David A, Cook, D.A, Davidson, Tom Forte, Piper Sandler, Harsh Kumar, Kumar, Apple, Sidney Ho, Wells, Aaron Rakers Organizations: Company, Grogan, CNBC, Apple, Google, Apple Pay, Services, Deutsche Bank, Bloomberg Locations: Sun Valley , Idaho, China, India, Hong Kong, Taiwan

Search resuls for: "Ho"

25 mentions found