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☆ Portuguese bankers warn political instability could undermine reforms, public finances
▼ + stars: | 2023-11-16 | by ( Sergio Goncalves | ) www.reuters.com time to read: +2 min

Antonio Horta Osorio, CEO of Lloyds Banking Group, arrives at a garden party at Buckingham Palace, London, May 22, 2018. The government remains fully functional for the time being, at least until parliament has had its final vote on the 2024 budget on Nov. 29. He said reforms should create an environment for companies to achieve better results and compete more effectively globally. The 2024 budget projects economic growth will slow to 1.5% in 2024 from 2.2% expected this year and political instability may also delay public investment, such as using COVID recovery funds, and private investment. "Probably no one wants to invest when there is great instability," said Pedro Castro Almeida, CEO of Santander Portugal.

Persons: Antonio Horta Osorio, Simon Dawson, Portugal's, Antonio Costa, illegalities, Marcelo Rebelo de Sousa, Antonio Horta, Osorio, Miguel Maya, Pedro Castro Almeida, Paulo Macedo, Sergio Goncalves, Catarina Demony, Mark Potter Organizations: Lloyds Banking Group, REUTERS, Rights, Credit Suisse, bcp, Santander Portugal, Caixa Geral, Thomson Locations: Buckingham Palace, London, Rights LISBON, Lisbon, Portugal, Horta, Caixa, Depositos

☆ Ruzwana Bashir Is Quietly Connecting the Tech World
▼ + stars: | 2023-11-16 | by ( ) www.businessinsider.com time to read: +18 min

Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."

Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, —, doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap

☆ Portuguese Bankers Warn Political Instability Could Undermine Reforms, Public Finances
▼ + stars: | 2023-11-16 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Sergio GoncalvesLISBON (Reuters) - The resignation of Portugal's prime minister will trigger instability that could delay economic reforms, while making it harder for the country to keep a balanced budget and further reduce debt, bankers warned on Thursday. The government remains fully functional for the time being, at least until parliament has had its final vote on the 2024 budget on Nov. 29. He said reforms should create an environment for companies to achieve better results and compete more effectively globally. The 2024 budget projects economic growth will slow to 1.5% in 2024 from 2.2% expected this year and political instability may also delay public investment, such as using COVID recovery funds, and private investment. "Probably no one wants to invest when there is great instability," said Pedro Castro Almeida, CEO of Santander Portugal.

Persons: Sergio Goncalves LISBON, Portugal's, Antonio Costa, illegalities, Marcelo Rebelo de Sousa, Antonio Horta, Osorio, Miguel Maya, Pedro Castro Almeida, Paulo Macedo, Sergio Goncalves, Catarina Demony, Mark Potter Organizations: Credit Suisse, Lloyds Banking Group, Santander Portugal, Caixa Geral Locations: Lisbon, Portugal, Horta, Caixa, Depositos

☆ Californians who moved to Texas reveal the one thing that gave them sticker shock in their new state
▼ + stars: | 2023-11-16 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

But while housing and gas is significantly cheaper in Texas, property taxes are typically higher. "Every time a prospective client calls me, it's one of the first things I talk about," Bailey told Business Insider. But while housing, gas, and grocery prices tend to be lower in Texas, California has Texas beat when it comes to property taxes. In her work as a realtor, Bailey said she typically sees property tax percentage rates in Texas sitting between 1.6% to 2.7%. Advertisement"Considering I could never afford a house at all in California, property tax or not, it's a non-issue for me," Crossan said.

Persons: —, Marie Bailey, Bailey, Janelle Crossan, Crossan, Charles Denson, Gill, Denson, " Denson, Jennifer, Chuck Balek, Jennifer Balek, Chuck Organizations: Service, Golden State for, Lone Star State, Business, Denson & Company, Texans Locations: Texas, Golden, Golden State for Texas, California, El Segundo , California, Prosper , Texas, Costa Mesa , California, New Braunfels , Texas, Texas , California, Camarillo , California, Rockwall , Texas, New Branfels

☆ One of Japan’s most elegant hotels is actually a treehouse
▼ + stars: | 2023-11-14 | by ( Mayumi Maruyama | ) edition.cnn.com time to read: +5 min

A Japanese children’s book called “I Want a Big Tree” sparked the dream of having a treehouse one day. A family affair“I didn’t get much support initially when I had this [treehouse] idea,” Kikugawa says. Now we are working together through this sustainable treehouse resort to protect it and send a message to others on its values.”The rustic view from one of Treeful's rooms. Building a treehouse, building a legacySeven years after Kikugawa started building a treehouse, the resort opened in 2021. Treeful Treehouse Sustainable Resort, 578, Genka, Nago City, Okinawa, 905-1141, Japan.

Persons: Satoru Kikugawa, Kikugawa, ”, ” Kikugawa, Maha, Donna Organizations: CNN, Inc, YouTube, University of Miami, CNN Travel, Guinness World Records, USAID Locations: Tokyo, Borneo, Okinawa prefecture, Okinawa, Costa Rica, “, Japan, Cambodian, Phnom, Siem Reap, It’s, Cambodia, OKA, Genkawa, Nago City

☆ Dire wolves, camels, and other extinct giant mammals that used to live in North America
▼ + stars: | 2023-11-14 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +16 min

North America used to be crawling with giant mammals, from dire wolves to big cats. In North America, "you only get the woolly mammoths up in the north, starting around the Great Lakes," Lindsey said. AdvertisementOnce thought to be the cousins of gray wolves, dire wolves evolved separately over 5 million years ago in North America. AdvertisementThe ancient bison, Bison antiquus, was 25% larger than those living today. A recent study suggested modern bison — Bison biso — evolved from this species.

Persons: —, wasn't, Emily Lindsey, Markus Matzel, Lindsey, Mike Kemp, mastodons, Benji Paysnoe, Camelops, Spencer, scotti, Daniel Eskridge, Andrew Milligan, scimitars, Jeffrey Greenberg, priscus, Katherine Frey, it's Organizations: Service, National Park Service, National, South America, AP, Universal, Washington Locations: America, Asia, Australia, South America, Alaska, North America, Africa, Bering, Mexico, Costa Rica, Great, Canadian Yukon, of Panama, North, South, Eurasia, Americas, Spanish, Canada, Florida, Yukon, Gulf, Central, South Asia, China, California

☆ Tesla to double its components imports from India - Trade Minister
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Tesla Inc FollowBENGALURU, Nov 14 (Reuters) - U.S. electric car maker Tesla Inc (TSLA.O) is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday through a post on social media platform X. "Proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India," Goyal posted on X, earlier called Twitter, after visiting Tesla's manufacturing facility at Fremont, California. He was, however, unable to meet Tesla chief Elon Musk during his visit to the plant, Goyal added. He said in September Tesla was aiming to source components worth between $1.7 billion and $1.9 billion from India this year, having bought $1 billion of components last year.

Persons: Mike Blake, Piyush Goyal, Goyal, Elon Musk, Tesla, Ashna Teresa Britto, Rashmi Aich Organizations: Tesla Inc, REUTERS, Tesla, Reuters, Thomson Locations: Costa Mesa , California, U.S, India, Fremont , California, Bengaluru

☆ Portuguese Judge Orders Release of Those Detained in Corruption Probe
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

LISBON (Reuters) - A Lisbon judge ordered on Monday that all five people detained last week for alleged corruption and influence-peddling, including the outgoing Portuguese prime minister's former chief of staff, be released from custody, the court said. They remain suspects in the investigation into alleged illegalities in the government's handling of lithium and hydrogen projects, as well as a large-scale data centre. The probe has led to the resignation of Prime Minister Antonio Costa, who is the target of a related investigation, and a snap election being called for March 10. Lacerda Machado was released on a 150,000-euro ($160,305) bail, while no bail was demanded for Escaria, who will be barred from travelling abroad, the court said. Others were named formal suspects in the investigation but were not detained, including Infrastructure Minister Joao Galamba, and head the environment agency APA, Nuno Lacasta.

Persons: Antonio Costa, Prosecutors, Vitor Escaria, Diogo Lacerda Machado, Costa's, Lacerda Machado, Joao Galamba, Nuno Lacasta, Costa, Catarina Demony, Andrei Khalip, Aislinn Laing Organizations: Escaria, Infrastructure Locations: LISBON, Lisbon

☆ Dispersion is coming among emerging market central banks, Citi analyst says
▼ + stars: | 2023-11-13 | 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 EmailDispersion is coming among emerging market central banks, Citi analyst saysLuis Costa, global head of EM sovereign credit at Citi, says dispersion is coming in emerging market monetary policy, offering opportunities for investors.

Persons: Luis Costa Organizations: Citi

☆ Centeno says outgoing Portugal PM only invited him to ponder on premiership
▼ + stars: | 2023-11-13 | by ( Sergio Goncalves | ) www.reuters.com time to read: +2 min

LISBON, Nov 13 (Reuters) - Bank of Portugal Governor Mario Centeno, who is under fire from the opposition over an invitation by the outgoing prime minister to replace him as premier, said on Monday he never accepted the offer but was just asked to ponder on the matter. Portuguese opposition parties on Friday argued that such an invitation compromised the political independence of a central bank governor. The Bank of Portugal's ethics committee is expected to meet on Monday to evaluate his conduct. Prime Minister Antonio Costa stepped down on Tuesday over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects and a large-scale data centre. Centeno announced his departure from the finance ministry in June 2020, during Costa's second term, and was nominated to head the bank a month later.

Persons: Mario Centeno, Antonio Costa, illegalities, Costa, Marcelo Rebelo de Sousa, Centeno, Rebelo de Sousa, Olli Rehn, Balazs Koranyi, Francesco Canepa, Andrei Khalip, Bernadette Baum Organizations: Bank of Portugal, Socialist, European Central Bank policymaker, Bank of, ECB, Thomson Locations: LISBON, Portuguese, Bank of Portugal, ECB's, Finland, Frankfurt

Since the end of October, citizens of 57 largely African countries and India have had to pay the fee, according to El Salvador’s aviation authority. Also, the U.S. has been pressuring Central American countries to curb migration flows to its border with Mexico. El Salvador’s aviation authority said most passengers who have to pay the fee are headed to Nicaragua on the commercial airline Avianca. Political Cartoons View All 1244 ImagesA flight itinerary of one Senegalese migrant seen by The Associated Press showed the migrant passing through Morocco, Spain and El Salvador before landing in Managua. “Part of me wonders ... we will not critique the Bukele administration as much because it’s supposedly reducing the levels of migrants?”___Associated Press writer Marcos Alemán in San Salvador, El Salvador, contributed to this report.

Persons: — El, El Salvador’s, Nayib Bukele, Donald Trump's, Bukele, Joe Biden, ”, Biden, Pamela Ruiz, ” —, Western Hemisphere Affairs Brian A, Nichols, “, Ruiz, Marcos Alemán Organizations: MEXICO CITY, Aviation, Central, Associated Press, El Salvador, El, U.S . State Department, Central America, International Crisis, State, Western Hemisphere Affairs, Crisis Locations: MEXICO, India, U.S, Mexico . U.S, Nicaragua, Haiti, Cuba, Africa, Morocco, Spain, El Salvador, Managua, United States, Guatemala, Costa Rica, Colombia, Ecuador, San Salvador , El Salvador

Pedro Nuno Santos poses for a portrait between the legislators of Socialist party and left bloc inside Portuguese parliament in Lisbon, Portugal June 21, 2016. The resignation also left Costa's job as secretary-general of the Socialist Party (PS) up for grabs, and whoever wins the leadership race will run for prime minister. Although Nuno Santos' popularity was hurt after he resigned in December 2022 in a scandal around a severance payout by state-owned airline TAP, he is seen as the front-runner by many. Nuno Santos successfully coordinated support for a previous minority government with the far-left in 2015-2019. Reporting by Catarina Demony and Sergio Goncalves; Editing by Andrei Khalip and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Pedro Nuno Santos, Rafael Marchante, Antonio Costa, illegalities, Marcelo Rebelo de Sousa, Jose Luis Carneiro, Carneiro, Nuno Santos, pollsters Aximage, Costa, Adelino Maltez, Costa's, Intercampus, Catarina Demony, Sergio Goncalves, Andrei Khalip, Andrea Ricci Organizations: Socialist, REUTERS, Rights, Socialist Party, Interior, TAP, Diario, Socialists, Social Democrats, Thomson Locations: Lisbon, Portugal, Rights LISBON, Portuguese

We'll show you where to watch the UFC 295 live stream no matter where you are and detail the latest UFC 295 PPV prices. We'll also guide you step-by-step on how to use a VPN to watch UFC 295, no matter where you are. How to watch UFC 295 in the USUS viewers can watch the main event of UFC 295 on ESPN Plus tonight at 10 p.m. How to watch UFC 295 everywhere elseIf you're not in the US, you still have a few options to watch UFC 295. In Canada, UFC 295 will be available as a pay-per-view through most TV providers and directly via UFC Fight Pass.

Persons: Jiri Prochazka, Alex Pereira, we'll, Sergi Pavlovich, Tom Aspinall, prelim, We'll, McGregor, ExpressVPN, Sergei Pavlovich, Jessica Andrade, Mackenzie Dern, Women's, Matt Frevola, Benoit Saint Denis, Diego Lopes, Pat Sabatini, Prelims, Steve Erceg, Allesandro Costa, Tabatha Ricci, Loopy, Mateusz, Roosevelt Roberts, Nazim Sadykhov, Viacheslav Organizations: UFC, ESPN Plus, ESPN, Amazon, Apple, PlayStation, Samsung, TNT Sports, BT, BT Sport, You'll, LG Locations: Madison, Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil

Portugal's Prime Minister and Socialist Party (PS) Secretary General Antonio Costa looks on after winning the general election in Lisbon, Portugal, January 31, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing RightsLISBON, Nov 11 (Reuters) - Portugal's premier Antonio Costa, who resigned this week, told foreign investors on Saturday the country was open for business and wanted to remain attractive despite an ongoing corruption probe into "green" energy projects. Costa stepped down on Tuesday over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects, as well as a large-scale data centre. The data centre project, Start Campus, has been dubbed "one of the biggest foreign direct investments in Portugal in recent decades". The company said it was cooperating with authorities but that neither the company nor any of its staff were the targets of the investigation.

Persons: General Antonio Costa, Pedro Nunes, Antonio Costa, Costa, illegalities, Marcelo Rebelo de Sousa, Afonso Salema, Joao Galamba, Vitor Escaria, embarrasses, Catarina Demony, David Gregorio Our Organizations: Portugal's, Socialist Party, REUTERS, Rights, Savannah Resources, Authorities, Thomson Locations: Lisbon, Portugal, Rights LISBON, London, Savannah, Portuguese

☆ Portuguese Central Bank to Assess Governor's Conduct - Local Media
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

LISBON (Reuters) - The Bank of Portugal's ethics committee will meet on Monday to evaluate the conduct of governor Mario Centeno, whose independence came into question after the departing prime minister proposed him as a potential replacement, local media said. Local media reported that Centeno had agreed to let his name go forward, raising concerns that his links to the PS remained strong and calling into question his independence if he remained central bank governor. Rebelo de Sousa rejected Costa's proposal and called the election instead. Centeno's quick move from the finance ministry to the central bank in July 2020, during Costa's second term, had previously raised eyebrows. A central bank spokesperson said it was up to the committee to comment on the matter.

Persons: Mario Centeno, Antonio Costa, illegalities, Marcelo Rebelo de Sousa, Costa, Rebelo de Sousa, Centeno, Costa's, Joaquim Miranda Sarmento, Negocios, Catarina Demony, Sergio Goncalves, Kevin Liffey Organizations: Bank, Socialist, European Central Bank policymaker, Local, Social Democrats, Eco, Jornal Locations: LISBON

Andre Azevedo Alves, political science professor at Lisbon's Catolica University and St Mary's University in London, said the corruption investigation was a "very strong blow" to any PS ambitions. Analysts agree the PSD is likely to come out on top, but doubt its ability to build enough support to form a stable government. "Assuming the likelihood that the PSD will not have (enough) votes to form a government without Chega... we may go from one political crisis to another," Alves said. Waiting for a bus in central Lisbon, Ana Bernardino, 23, vented her concerns about the political outlook. "It is a political crisis and in my opinion it's a bit frustrating that elections are being held again...I'm a bit afraid."

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Costa's, Intercampus, Andre Azevedo Alves, Andre Ventura, Luis Montenegro, Alves, Antonio Barroso, Ana Bernardino, Maria Ines Ferreira, Catarina Demony, Miguel Pereira, Patricia Rua, Andrei Khalip, Nick Macfie, Angus MacSwan Organizations: Socialist Party, Social Democrats, Lisbon's Catolica University, St Mary's University, PSD, Chega, Liberal Initiative, CDS, Thomson Locations: Belem, LISBON, Portugal, London, Lisbon, Europe

☆ Poll shows most Portuguese want snap election, president readies decision
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

His office said he would address the nation after meeting his consultative body, the Council of State. PS President Carlos Cesar said on Wednesday that if the president decided to call an election, March would be the best timing. The budget includes lower income tax rates for the middle class, higher wages and social benefits. Separately, those detained in the investigation, including Costa's close friend and consultant Diogo Lacerda Machado, were due to appear before a Lisbon court on Thursday. Reporting by Catarina Demony, Patricia Rua, Sergio Goncalves, editing by Andrei Khalip and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Antonio Costa, Pedro, Marcelo Rebelo de Sousa, illegalities, Costa, Correio, Rebelo de Sousa, Joao Duque, Carlos Cesar, Diogo Lacerda Machado, Catarina Demony, Patricia Rua, Sergio Goncalves, Andrei Khalip, Alex Richardson Organizations: REUTERS, Socialist, Prosecutors, Socialist Party, of State, Jornal de Negocios, Analysts, Lisbon School of Economics, Management, Thomson Locations: Lisbon, Portugal, LISBON

☆ Poll Shows Most Portuguese Want Snap Election, President Readies Decision
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

LISBON (Reuters) - Nearly 70% of Portuguese voters want an early election following the abrupt resignation of the Socialist prime minister, a survey showed on Thursday, as President Marcelo Rebelo de Sousa was due to announce his decision on the matter later in the day. His office said he would address the nation after meeting his consultative body, the Council of State. PS President Carlos Cesar said on Wednesday that if the president decided to call an election, March would be the best timing. The budget includes lower income tax rates for the middle class, higher wages and social benefits. (Reporting by Catarina Demony, Patricia Rua, Sergio Goncalves, editing by Andrei Khalip and Alex Richardson)

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Correio, Rebelo de Sousa, Joao Duque, Carlos Cesar, Diogo Lacerda Machado, Catarina Demony, Patricia Rua, Sergio Goncalves, Andrei Khalip, Alex Richardson Organizations: Socialist, Prosecutors, Socialist Party, of State, Jornal de Negocios, Analysts, Lisbon School of Economics, Management Locations: LISBON, Lisbon

By law, an election needs to be held within 60 days of the publishing of the presidential decree dissolving parliament. "I hope that time, sooner rather than later, will allow us to clarify what happened," Rebelo de Sousa said. By calling the March election, Rebelo de Sousa also addressed the need of the PS to pick a new leader to run. Earlier, PS President Carlos Cesar said March would be the best timing, while other parties pointed to January or February. "It is urgent to reestablish trust and prestige in democratic institutions," the leader of the PSD, Luis Montenegro, said after the president announced the election.

Persons: Marcelo Rebelo de Sousa, Rebelo de Sousa, Antonio Costa, illegalities, Costa, Rebelo, Mario Centeno, Filipe Garcia, Mercados, Carlos Cesar, Andre Ventura, Luis Montenegro, Catarina Demony, Sergio Goncalves, Andrei Khalip, Marguerita Choy, Alistair Bell Organizations: Lawmakers, Socialist, Socialist Party, of State, Prosecutors, Bank of Portugal, Social Democrats, PSD, Thomson Locations: LISBON, Portugal, Portuguese, Lisbon, Belem, Europe, Western, Montenegro

☆ A new ranking shows the best luxury hotel brands in the world
▼ + stars: | 2023-11-09 | by ( Quek Jie Ann | Marylou Costa | ) www.cnbc.com time to read: +2 min

But a new list, released by the members-only group LTI – Luxury Travel Intelligence, ranks hotel brands rather than individual properties. Luxury Travel Intelligence memberships cost $700 per year and grant access to the group's travel research. Source: LTI — Luxury Travel IntelligenceOetker Collection's Hotel La Palma in Capri, Italy. Source: LTI – Luxury Travel IntelligenceTwo brands are new to the list this year: Peninsula Hotels and Raffles Hotels & Resorts. The scoring systemLuxury Travel Intelligence uses an algorithm to assess hotel brands, which has a maximum of 4,663 points, said Crompton.

Persons: Aman, Rocco Forte, Michael Crompton, Crompton, Travel Intelligence Crompton Organizations: Travel Intelligence, Raffles, Intelligence, La, Raffles Hotels & Resorts, Luxury Travel Intelligence, CNBC Travel Locations: Oriental Singapore, Capri , Italy, Raffles Doha, Qatar

☆ Tesla to roll into South America with first steps in Chile
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Tesla Inc. vehicle facility is pictured in Costa Mesa, California, U.S., November 1, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Tesla Inc FollowSANTIAGO, Nov 9 (Reuters) - Electric vehicle maker Tesla (TSLA.O) is looking to make inroads in South America by hiring personnel for a new operation in Chile and registering its name, according to public documents. Tesla Chile was registered and published in the Official Gazette on Sept. 28 and includes "the import, export, manufacturing, marketing, distribution and sale of vehicles, especially electric vehicles." Although Tesla Chile was registered with headquarters in Santiago, the registration leaves the option for "branches or agencies that may be established in other cities in the country or abroad." This would be Tesla's first direct commercial operation in South America.

Persons: Mike Blake, Elon Musk, BYD, Fabián Andrés, Alexander Villegas, Bill Berkrot Organizations: Tesla Inc, REUTERS, Tesla, Elon, Thomson Locations: Costa Mesa , California, U.S, South America, Chile, Tesla Chile, Santiago

☆ 22 House Democrats voted to censure Rep. Rashida Tlaib for her rhetoric on Israel — while 4 Republicans voted against it
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

22 Democrats voted for a more narrow resolution proposed by a different House Republican. 22 House Democrats voted with the vast majority of Republicans to support a censure resolution put forward by Rep. Rich McCormick of Georgia condemning Tlaib. 4 Republicans voted against it, largely on free speech grounds, while 3 Democrats and 1 Republican voted present. That effort failed after 23 Republicans voted to table that resolution, and McCormick was among those who voted against it. Reps. Jared Moskowitz of Florida, Ritchie Torres of New York, and Josh Gottheimer of New Jersey all voted to censure fellow Democratic Rep. Rashida Tlaib of Michigan.

Persons: Rashida Tlaib, Marjorie Taylor Greene, —, Rashida, she's, Rich McCormick, Tlaib, McCormick, Jared Moskowitz, Florida, Ritchie Torres, Josh Gottheimer, Bill Clark, Anna Moneymaker, Ministry's, Adam Schiff of, Steve Cohen, Jim Costa of, Angie Craig, Don Davis of, Lois Frankel, Jared Golden, Dan Goldman, Greg Landsman, Susie Lee, Kathy Manning of, Wiley Nickel, Chris Pappas, Marie Gluensenkamp Perez, Pat Ryan, Brad Schneider, Kim Schrier, Darren Soto, Debbie Wasserman Schultz, Frederica Wilson of, censuring Tlaib Organizations: Palestinian American, Republican, Service, Republicans, Capitol, New, Democratic, Getty Images, Democratic Rep, Adam Schiff of California, Trump, Tennessee Rep, Jim Costa of California Rep, Minnesota Rep, Don Davis of North Carolina Rep, Florida Rep, Maine Rep, New York, New Jersey Rep, Ohio Rep, Nevada Rep, Kathy Manning of North Carolina Rep, North Carolina Rep, New Hampshire Rep, New York Rep, Illinois Rep, Washington Rep Locations: Israel, Michigan, Georgia, Tlaib, Gaza, New York, New Jersey, Russia, Ohio, Florida, Frederica Wilson of Florida

☆ Take a look inside the new Raffles hotel in London
▼ + stars: | 2023-11-08 | by ( Karen Gilchrist | Marylou Costa | ) www.cnbc.com time to read: +8 min

Fiona Harris Communications director, Raffles London"It's the magic combination: the building, the location and the name, Raffles," Fiona Harris, Raffles London's communications director, told CNBC Travel. All in, the hotel houses 120 suites and rooms, including five heritage suites in the former offices of political and military leaders, and eight corner suites named after notable women and female spies. Raffles London is home to 120 rooms and suites, including eight corner suites named after notable women and female spies. Saison, run by Argentine Michelin star chef Mauro Colagreco, is one of nine restaurants and three bars at Raffles London. London's new luxury waveA stay at Raffles London is not without a significant price tag.

Persons: Winston Churchill's, Fiona Harris, Sir Stamford, Henry VIII, Ian Fleming's James Bond, Churchill, David Lloyd George, Lord Kitchener, Harris, Winston Churchill, Thierry Despont, Raffles, Argentina's Mauro Colagreco, sipping, Mauro Colagreco, James Bond, Ian Fleming, It's, Christine Granville, Gopichand Hinduja —, —, Hinduja Organizations: Raffles, Downing, Fiona Harris Communications, CNBC Travel, Sir Stamford Raffles, Hinduja, Ministry of Defense, British Army, Architects, British Secret Service, CNBC, Suite, Liberty, Michelin, Raffles London, Guards, London Sling, Argentine Michelin, Ministry, Hyde Park, Royal British Legion, British Armed Forces Locations: Whitehall, London, Raffles London, British, Singapore, India, Argentine, U.S, China, Granville, Hyde, Rosewood, Claridge's, The Emory

☆ These 22 House Democrats voted to censure Rep. Rashida Tlaib for her rhetoric on Israel — while these 4 Republicans voted against it
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Persons: Rashida Tlaib, Marjorie Taylor Greene, —, Rashida, she's, Rich McCormick, Tlaib, McCormick, Jared Moskowitz, Florida, Ritchie Torres, Josh Gottheimer, Bill Clark, Anna Moneymaker, Ministry's, Adam Schiff of, Dave Joyce of Ohio, Abigail Spanberger, Donald Norcoss of, Susan Wild of, Steve Cohen, Jim Costa of, Angie Craig, Don Davis of, Lois Frankel, Jared Golden, Dan Goldman, Greg Landsman, Susie Lee, Kathy Manning of, Wiley Nickel, Chris Pappas, Marie Gluensenkamp Perez, Pat Ryan, Brad Schneider, Kim Schrier, Darren Soto, Debbie Wasserman Schultz, Frederica Wilson of, censuring Organizations: Palestinian American, Republican, Service, Republicans, Capitol, New, Democratic, Getty Images, Democratic Rep, Adam Schiff of California, Trump, Tennessee Rep, Jim Costa of California Rep, Minnesota Rep, Don Davis of North Carolina Rep, Florida Rep, Maine Rep, New York, New Jersey Rep, Ohio Rep, Nevada Rep, Kathy Manning of North Carolina Rep, North Carolina Rep, New Hampshire Rep, New York Rep, Illinois Rep, Washington Rep Locations: Israel, Michigan, Georgia, Tlaib, Gaza, New York, New Jersey, Russia, Virginia, Donald Norcoss of New Jersey, Susan Wild of Pennsylvania, Ohio, Florida, Frederica Wilson of Florida

☆ Costa Rica arrests 8 bank employees in probe of $6 million heist
▼ + stars: | 2023-11-08 | by ( Alvaro Murillo | ) www.reuters.com time to read: +2 min

The National Bank of Costa Rica's headquarters are pictured in San Jose, Costa Rica February 12, 2020. The 3.3 billion colones ($6.2 million) in question were first detected missing at the National Bank of Costa Rica in August through internal audits, and last month the attorney general's office announced an investigation. The principal suspect is a low-level bank employee accused of robbing cash and stashing it away in paper bags out of sight from security cameras, investigators said. This seems like something out of a movie (…) This is not a robbery from the National Bank, it is a robbery from Costa Ricans." ($1 = 528.8750 colones)Reporting by Alvaro Murillo; Writing by Brendan O'Boyle; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Juan Carlos Ulate, saddens, Bernardo Alfaro, Alfaro, General Carlo Diaz, Rodrigo Chaves, Alvaro Murillo, Brendan O'Boyle, David Gregorio Our Organizations: National Bank of Costa, REUTERS, MEXICO CITY, National Bank of, Authorities, bank's, Central American Bank for Economic Integration, National Bank, Thomson Locations: National Bank of Costa Rica's, San Jose, Costa Rica, MEXICO, Costa Rican, National Bank of Costa Rica, Costa Ricans

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