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ChatGPT can now generate images — and they are shockingly detailed. On Wednesday, OpenAI, the San Francisco artificial intelligence start-up, released a new version of its DALL-E image generator to a small group of testers and folded the technology into ChatGPT, its popular online chatbot. Called DALL-E 3, it can produce more convincing images than previous versions of the technology, showing a particular knack for images containing letters, numbers and human hands, the company said. By adding the latest version of DALL-E to ChatGPT, OpenAI is solidifying its chatbot as a hub for generative A.I., which can produce text, images, sounds, software and other digital media on its own. Since ChatGPT went viral last year, it has kicked off a race among Silicon Valley tech giants to be at the forefront of A.I.

Persons: ”, Aditya Ramesh, ChatGPT Locations: OpenAI, San Francisco, ChatGPT

☆ McGhee: Longer-term growth opportunities typically come with a premium
▼ + stars: | 2023-09-19 | 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 EmailMcGhee: Longer-term growth opportunities typically come with a premiumTiffany McGhee, CEO and CIO of Pivotal Advisors, discusses the trading day ahead and how she's viewing market performance so far in September.

Persons: McGhee, Tiffany McGhee

☆ Wasserman Merges Sports and Entertainment by Buying Brillstein
▼ + stars: | 2023-09-18 | by ( Brooks Barnes | More About Brooks Barnes | ) www.nytimes.com time to read: +1 min

For decades, Casey Wasserman has insisted that he would never enter the traditional entertainment business. Film and TV felt too incestuous — his grandfather, Lew Wasserman, reigned as Hollywood’s power broker from the 1960s to the 1990s — and too financially challenged, he would say. Never say never: Mr. Wasserman, 49, on Monday announced that his sports-centered conglomerate, Wasserman, had finalized a deal to buy Brillstein Entertainment Partners, a Hollywood management firm and content production company. Brillstein represents stars like Brad Pitt, Tiffany Haddish, Adam Sandler, Florence Pugh, Rami Malek and Elizabeth Olsen. The lines have blurred a lot more than I think anyone would have expected even five years ago.”

Persons: Casey Wasserman, Lew Wasserman, Wasserman, Brad Pitt, Tiffany Haddish, Adam Sandler, Florence Pugh, Rami Malek, Elizabeth Olsen, Bill Maher, ” Organizations: Monday, Brillstein Entertainment Partners, Paramount Television Studios, Netflix, Disney, “ Locations: Hollywood, “

☆ Sheriff’s Deputy Fatally Shot on the Job
▼ + stars: | 2023-09-17 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

A sheriff’s deputy was fatally shot in his patrol car in Palmdale, Calif., on Saturday, the Los Angeles County Sheriff’s Department said. A passer-by found the deputy, Ryan Clinkunbroomer, unconscious near Palmdale Sheriff’s Station around 6 p.m. He added that investigators believed that the killing was captured on surveillance video and were analyzing a video that had been circulating online to determine whether it was related. Officer Clinkunbroomer, 30, had worked in the sheriff’s department for about eight years, Sheriff Luna said, following in the footsteps of his grandfather and father. “It’s usually the best of the best.”

Persons: Ryan Clinkunbroomer, Sheriff Robert Luna, Clinkunbroomer, Sheriff Luna, “, ”, “ It’s Organizations: Los, Los Angeles County Sheriff’s Department Locations: Palmdale, Calif, Los Angeles, Palmdale Sheriff’s

☆ Sam Bankman-Fried said he was one of the 'most hated people in the world' in an unpublished Twitter thread written after he was arrested, report says
▼ + stars: | 2023-09-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Documents revealed by the New York Times shed light on Sam Bankman-Fried's mindset after his arrest. In a Twitter thread he never published, SBF called himself "one of the most hated people in the world." The documents also show Bankman-Fried blaming a lack of hedging by Caroline Ellison for Alameda's collapse. "I'm broke and wearing an ankle monitor and one of the most hated people in the world," Bankman-Fried wrote in an unpublished draft of a Twitter thread written after he was arrested late last year. The 250-pages of documents were shared with the New York Times by crypto influencer Tiffany Fong.

Persons: Sam Bankman, SBF, Caroline Ellison, Fried, I'm, Tiffany Fong, Katy Perry, Rihanna, Sam Trabucco, Trabucco, FTX, Ellison Organizations: New York Times, Service, Alameda Hedge Fund, Times, Alameda, Bankman Locations: Wall, Silicon, Alameda, Brooklyn

Alongside the comedy and drama, “Jaja’s” features a multitude of strand mastery, as Bioh and the director Whitney White (“Our Dear Dead Drug Lord”) were determined to show a range of hairdos coming to life onstage. To pull this off, most of these styles are executed in real time with a little stage magic courtesy of wigs constructed by the hair and wig designer Nikiya Mathis. Cast members, who braid hair onstage, practiced during rehearsals on wigs she designed for the performance. “There are so many moving pieces to the show that involve hair, and it’s not just me backstage,” Mathis said. “It’s also the actors onstage, it’s what Jocelyn has written, and it’s what Whitney will be helping us to reveal.”“Part of that,” she continued, “is going to be the magic of figuring out how we’re going to construct the wigs and how to potentially take them apart.”

Persons: Whitney White, ”, Nikiya Mathis, it’s, ” Mathis, “ It’s, Jocelyn, Whitney

☆ House passes bill to improve wildfire prevention accountability after NBC News report
▼ + stars: | 2023-09-13 | by ( Adiel Kaplan | ) www.cnbc.com time to read: +3 min

A wildfire burns on the island of Maui near an intersection in Lahaina, Hawaii, August 9, 2023. A bill to improve how the federal government tracks wildfire prevention work passed the House in a near-unanimous 406-4 vote on Wednesday, a month after the nation's deadliest wildfire in over 100 years killed at least 115 people in Hawaii. A 2022 NBC News investigation found that the United States Forest Service had overstated how much land it treats to reduce wildfire risk by an estimated 21% over a 15-year period. Tiffany, chairman of the House Natural Resources committee's federal lands subcommittee, cited NBC News' reporting when he introduced the bill. The bill applies to hazardous fuel reduction done by federal land management agencies, which mostly work on federally owned land.

Persons: Tom Tiffany, I'm, Tiffany, Sen, Joe Manchin, John Barrasso Organizations: NBC, United States Forest Service, Natural Resources, Service, Interior Department, Senate Energy, Natural Resources Committee Locations: Maui, Lahaina , Hawaii, Hawaii, Lahaina, California, Paradise

☆ Birkenstock IPO: German sandal maker heads for Wall Street in another blow to Europe
▼ + stars: | 2023-09-13 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —German shoemaker Birkenstock has filed for an initial public offering in New York, becoming the latest European company to choose the United States as the place to raise money on the stock market. The Financial Times, citing unnamed sources familiar with the matter, reported Tuesday that Birkenstock was seeking a valuation of more than $8 billion. The family business traces its origins back to 1774 when church archives mention Johannes Birkenstock, who worked as a cobbler in Langen-Bergheim, Germany. The planned IPO marks another milestone for the shoemaker, which joins the ranks of high-profile European companies seeking a public offering across the pond rather than at home. British chip designer Arm is gearing up for a blockbuster IPO on the Nasdaq this week.

Persons: Birkenstock, Johannes Birkenstock, LVMH, Dior, Christian, Alex Birkenstock, Instacart, ” Craig Erlam, Susannah Streeter, Hargreaves Lansdown, “, ” Organizations: London CNN, US Securities and Exchange Commission, New York Stock Exchange, Financial, Tiffany, Nasdaq, CNN, Hargreaves Locations: New York, United States, Langen, Bergheim, Germany, British, London

See below for some of the red carpet’s best looks so far. Johnny Nunez/Getty ImagesTinashe Gilbert Flores/Variety/Getty ImagesChloe Bailey Andrew Kelly/ReutersMåneskin mastered ensemble dressing in a selection of complementary outfits by Rick Owens. Jamie McCarthy/WireImage/Getty ImagesOlivia Rodrigo brought the sparkle in a low-cut bejeweled Ludovic de Saint Sernin silver gown made of 150,000 Swarovski crystals. Gilbert Flores/Variety/Getty ImagesColton Haynes Dimitrios Kambouris/Getty ImagesKarol G embraced the see-through trend in a sparkling sheer beige dress by French label Ashi Studio. Dia Dipasupil/FilmMagic/Getty ImagesOffset Evan Agostini/Invision/APDemi Lovato Jamie McCarthy/WireImage/Getty Images

Persons: ’, Mariah Carey’s risqué, Jared Leto, Emily Ratajkowski, Cardi, Dilara, Dipasupil, Selena Gomez Doug Peters, Shakira Noam Galai, Tiffany Haddish Gilbert Flores, Jared Leto Andrew Kelly, Doechii Jason Kempin, Billy Porter Kevin Mazur, Evan Agostini, Gilbert Flores, Anitta, Noam Galai, Bebe Rexha Angela Weiss, Stephen Sanchez, tote, Johnny Nunez, Tinashe Gilbert Flores, Chloe Bailey Andrew Kelly, Måneskin, Rick Owens, Angela Weiss, Ballerini, Jamie McCarthy, Olivia Rodrigo, Ludovic de Saint, Roger Vivier, Christopher Polk, Anthony Harvey, Megan Thee, Brandon Blackwood, Jacob &, Colton Haynes Dimitrios Kambouris, Karol G, Dia Dipasupil, Demi Lovato Jamie McCarthy Organizations: CNN, Prudential Center, Variety, Schiaparelli's, Couture, Getty, New York, Jewelry, Ashi, Dia Locations: Newark , New Jersey, Turkish, British, New

☆ 3 ways small-business owners can tackle their personal setbacks and still rocket through growth targets
▼ + stars: | 2023-09-12 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Starting a small business requires time, finances, support, and balancing personal responsibilities. This article is part of "Small Business Playbook," a series exploring the leadership challenges and solutions that can drive growth. "We had to figure out how to gradually reopen without a playbook of how to do that," Parrish told Insider. To make it work, Parrish and Butler said business owners must set priorities and make sacrifices. "Too often, you feel like, I started this small business, and I need to be there every single day," she said.

Persons: Neillie Butler, Mariée Ami, —, Butler, she's, It's, Tiffany Mielnik Parrish, Parrish, I've, couldn't, isn't Organizations: Service, Club Locations: Wall, Silicon, Birmingham , Alabama, Charlotte , North Carolina

MADISON, Wis. (AP) — A second Republican with little name recognition is entering the U.S. Senate race to take on Democratic U.S. Sen. Tammy Baldwin, whose 2024 push for reelection is expected to be one of the most closely watched Senate contests in the nation. Trempealeau County Board Supervisor Stacey Klein filed to run on Tuesday and said she would make a formal announcement on Saturday. "Definitely not being naive about that.”Klein, 41, grew up on a dairy farm in western Wisconsin and works as a financial adviser. Klein joins Rejani Raveendran, a 40-year-old college student and chair of the University of Wisconsin-Stevens Point College Republicans, as the only announced Republican candidates. Political Cartoons View All 1154 ImagesSeveral other higher-profile Republicans have decided against taking on Baldwin next year.

Persons: —, Democratic U.S . Sen, Tammy Baldwin, Stacey Klein, Klein, “, ”, ” Klein, Rejani, Baldwin, Mike Gallagher, Tom Tiffany, Eric Hovde, Franklin, Scott Mayer, Milwaukee County Sheriff David Clarke Organizations: U.S . Senate, Democratic U.S ., University of Wisconsin, Stevens Point College Republicans, Republican, U.S, Reps, Madison, Milwaukee County Sheriff, Associated Press Locations: MADISON, Wis, Trempealeau, Wisconsin, Milwaukee County

NEW YORK (AP) — On a waterfront promenade lined with pink flowers and facing Manhattan’s majestic skyline, designer Michael Kors paid tribute to his late mother with a show honoring the travels the two enjoyed together. Actors Halle Berry, Blake Lively, Tiffany Haddish, Ellen Pompeo, Olivia Wilde, Jenna Dewan and many more were in attendance. But the designer was thinking most of all about his mother, the late Joan Kors, who died in August at 84. “My mother truly was my ultimate muse, my ultimate supporter,” Kors said. "We’re excited at the prospect of joining forces with Tapestry,” Kors said of the consolidation, “and combining and pooling our resources and knowledge to accelerate the growth.

Persons: Michael Kors, Kors, Actors Halle Berry, Blake Lively, Tiffany Haddish, Ellen Pompeo, Olivia Wilde, Jenna Dewan, Burt Bacharach, “, Joan Kors, ” Kors, Kate Spade, Versace, Jimmy Choo Organizations: Actors, Revlon, Capri Holdings Locations: Brooklyn’s Domino, Williamsburg

CNN —Demolition of the Los Angeles area home where Marilyn Monroe spent her last months has been put on hold by Los Angeles City Council, following a last-minute motion aimed at designating the house a Historic-Cultural Monument. Baron/Hulton Archive/Getty Images Norma Jeane Mortenson, who later changed her name to Marilyn Monroe, was born in 1926 in Los Angeles. Hulton Archive/Getty Images She was in several movies in 1950, including "The Asphalt Jungle" and "All About Eve." Hulton Archive/Getty Images Monroe wins a trophy at the "Star Of Tomorrow" Awards in Los Angeles in 1952. Bettmann Archive/Getty Images Monroe and former Yankees baseball player Joe DiMaggio leave city hall after their wedding.

Persons: Marilyn Monroe, Traci, Baron, Norma Jeane Mortenson, Gladys Baker, Marilyn, Claudette Colbert, Monroe, Jim Dougherty, Grace McKee, Grace, Michael Ochs, Norma Jeane, Emmeline Snively, Richard C, Miller, Donaldson, they're, Ben Lyons, Lyon, Theisen, he'd, Mira Sorvino, Frank Cronenweth, Peggy Martin, Shutterstock Monroe, Phil Moore, J R, she's, Johnny Hyde, Nancy Lee Andrews, you'll, Earl Leaf, Ray Anthony Band, Shutterstock, David Wayne, Christina Newland ., Kardashian, Amber Tamblyn, Alfred Eisenstaedt, Jane Russell, Joe DiMaggio, Amy Greene, Monroe's, Matty Zimmerman, DiMaggio, Joe, it's, Ella Fitzgerald, that's Ella Fitzgerald, Ed Feingersh, Elizabeth Winder, Ellen Burstyn, Arthur Miller, ullstein, He's, Harold Clements, Queen Elizabeth II, Laurence Olivier, Sugar Kane, Billy Wilder, I'm, Christina Newland, John F, Kennedy, Robert Kennedy, It's, Cecil W, Marilyn Monroe's, ”, “ Organizations: CNN, Los Angeles City Council, Department of Building, Safety, Hulton, Michael Ochs Archives, Model Agency, Century Fox, Columbia Pictures, Columbia, West Hollywood, Photoplay, Getty, Gentlemen, Fox, Hollywood, Bettmann, Yankees, US, Tiffany Club, New York, Grand Central, Queen, Royal, Daily Herald, Stoughton, Alamy, Los Angeles City, Historic Resources Locations: Los Angeles, Brentwood, Monroe, West Virginia, Columbia, Warrenburg , New York, American, Hollywood, Korea, York, New York, California, Hollywood , California, New, Grand, London, England, Polyclinic, Madison

☆ CEO of $9.7 billion beauty empire shares her No. 1 piece of career advice: 'Take your time, it's not your enemy'
▼ + stars: | 2023-09-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Nabi, who worked her way up from sales representative to president at L'Oréal, has a career that's spanned more than 30 years. Time, it turns out, can play a large role in your happiness and fulfilment — both in your career and beyond. "[Free time] doesn't improve quality of life unless one knows how to use it effectively," Wallman told CNBC Make It in 2019. DON'T MISS: Want to be smarter and more successful with your money, work & life? 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

Persons: Sue Nabi didn't, Coty, Kylie Cosmetics, Nabi, LinkedIn's, James Wallman, Wallman, Warren Buffett Organizations: Coty, Tiffany, CNBC Locations: Nabi, L'Oréal, —

☆ Ron DeSantis just put the co-founder of a book ban advocacy group on Florida's state ethics commission
▼ + stars: | 2023-09-06 | by ( Grace Eliza Goodwin | John L. Dorman | ) www.businessinsider.com time to read: +2 min

DeSantis appointed the co-founder of right-wing parental rights group to the state's ethics committee. The group, Moms for Liberty, says its mission is to "stoke the fires of liberty." The group has proposed book bans and fought against mask mandates and teachings about racism and gender issues. The group, however, has rejected the idea that they are seeking to ban books. Moms for Liberty certainly isn't," Moms for Liberty co-founder Tiffany Justice told NewsNation earlier this year.

Persons: DeSantis, Ron DeSantis, Tina Descovich, Descovich, Tiffany Justice, NewsNation Organizations: Florida Gov, Liberty, stoke, Service, Gov, Tallahassee Democrat, Southern Poverty Law Locations: Florida, Wall, Silicon, state's, Leon County , Florida, Tallahassee

☆ Is Travel Insurance Worth It?
▼ + stars: | 2023-09-05 | by ( Kat Tretina | ) www.wsj.com time to read: +12 min

Trip cancellation and interruption coverage is the most common form of travel insurance, making up nearly 90% of travel protection plans sold. Travel medical: When you travel to another country, typical health insurance plans — including Medicare — don’t cover you. Like all forms of insurance, travel insurance policies don’t cover every event that can impact your vacation. “When you travel using airline miles and hotel points, most credit card travel insurance policies won’t cover the trips,” says Huffman. “If you do not get travel insurance, you are rolling the dice,” says Hines, who adds she always recommends travel insurance to her clients.

Persons: Kat, we’ve, it’s, ”, Tiffany Hines, Mark Friedlander, ” What’s, Friedlander, Lee Huffman, Huffman, Kevin Payne, Payne, Hines, “ We’ve, won’t Organizations: Global, Travel, Insurance Information Institute, Disease Control, Prevention, World Health Organization, Spirit Airlines, Delta, Allianz Travel Locations: Athens , Georgia, Europe, U.S

☆ Business is booming for the maker of weight-loss drugs Wegovy and Ozempic — so much so that it is threatening luxury giant LVMH's crown as Europe's most valuable firm
▼ + stars: | 2023-09-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Novo Nordisk has been trading places with LVMH for the title of Europe's most valuable company. The Danish pharmaceutical giant makes the buzzy weight-loss drugs Wegovy and Ozempic. AdvertisementAdvertisementNovo Nordisk, the maker of weight-loss drug Wegovy and diabetes drug Ozempic, has been trading places with French luxury-goods conglomerate LVMH for the title of now Europe's most valuable firm. The UK's NHS recently said that it plans to begin giving out some limited supplies of Wegovy for weight management. Arnault and his family own around 48% of the company's total shares.

Persons: Wegovy, Louis Vuitton, Ozempic, Elon Musk, Bernard Arnault, Arnault Organizations: Novo Nordisk, Morning, Nordisk, Dior, Tiffany, FDA, NHS Locations: LVMH, Danish, GLP, North America

Representatives for the company declined to comment on its business. In the days after Mr. Buffett’s death, retail and marketing experts said his legacy would continue to lure his fans — known as Parrot Heads, along with their children, called parakeets — and others to his businesses. “It’s definitely a lifestyle associated with him and his personality and his music that he created,” said Barbara Kahn, a professor of marketing at the Wharton School at the University of Pennsylvania. But, she said, because his business is “bigger than just that, it could definitely live on.”Mr. Buffett’s original idea for Margaritaville was “to expand the opportunity for as many people to experience the lifestyle immortalized in his iconic song as possible,” according to the statement on the company’s website. The company had $2.2 billion in gross annual revenue last year.

Persons: Buffett’s, —, It’s, ”, Barbara Kahn, Mr, Margaritaville, Dolly Parton Organizations: Wharton School, University of Pennsylvania Locations: Belize, Pigeon Forge, Tenn

A coffee machine featuring Novo Nordisk logo is seen at the company headquarters in Copenhagen, Denmark, February 5, 2020. REUTERS/Jacob Gronholt-Pedersen/File Photo Acquire Licensing RightsLONDON, Sept 1 (Reuters) - Danish drugmaker Novo Nordisk briefly unseated LVMH (LVMH.PA) as Europe's most valuable listed company in intraday trading on Friday, ending the French luxury group's 2-1/2 year-long reign at the top. At 0843 GMT, Novo Nordisk (NOVOb.CO) had a market capitalisation of $421 billion including unlisted stock, according to Refinitiv data and company disclosures of its share count. By 1031 GMT, Novo Nordisk shares were up 1% while LVMH shares were down 0.4%. LVMH shares have fallen 13.8% from an all-time high hit in April, underperforming Europe's broader STOXX 600 which is down around 1.9% in the same time frame.

Persons: Jacob Gronholt, Pedersen, LVMH, Ozempic, Wegovy, Novo's, Louis Vuitton, Marcel Stotzel, Stotzel, Eli Lilly, Axelle Pinon, Mounjaro, Novo, Carmignac's Pinon, Hennessy, Tiffany, Fiona Cincotta, Hermes, Samuel Indyk, Amanda Cooper, Catherine Evans Organizations: Novo Nordisk, REUTERS, Nestle, Dior, Fidelity European Fund, Fidelity European Trust, Barclays, Index, Financiere, Thomson Locations: Copenhagen, Denmark, Danish, LVMH, United States, China, Covid

☆ An American Airlines passenger says she never wants to fly again after her suitcase was seemingly 'run over,' destroying $1,000 worth of her stuff
▼ + stars: | 2023-09-01 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

An American Airlines flier couldn't believe her eyes when her checked bag was returned to her. The traveler told Insider the bag was apparently "run over," leaving $1,000 worth of her belongings destroyed. "I don't want to fly anymore," the American Airlines passenger who asked to only be identified by her first name, Tiffany, said during an interview on Friday. So far, she says she's only been credited with 5,000 American Airlines miles. American Airlines did not immediately respond to Insider's requests for comment on the matter on Friday.

Persons: couldn't, Tiffany, Tiffany Tiffany, she's Organizations: American Airlines, Service, Nashville International, Airlines Locations: Texas, Wall, Silicon, Houston , Texas, Nashville , Tennessee, Dallas, Nashville

☆ Marijuana users have more heavy metals in their bodies
▼ + stars: | 2023-08-30 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

CNN —Users of marijuana had statistically higher levels of lead and cadmium in their blood and urine than people who do not use weed, a new study found. Marijuana users also had 22% higher cadmium levels in their blood than non-users, and 18% higher levels in their urine, Sanchez said. “Our study wasn’t able to tease apart whether or not self-reported cannabis users were using medical or recreational cannabis, so we can’t say definitively if medical cannabis users specifically had higher metal levels,” she said. Heavy metals aren’t just in marijuana — tobacco smokers are exposed to even more types of toxins. While that’s good news for the environment, it’s worrisome for marijuana users.

Persons: ”, Tiffany Sanchez, Sanchez, Beth Cohen, ” Sanchez, can’t, Dr, Leonardo Trasande, NYU Langone, I’m Organizations: CNN, Columbia University Mailman School of Public Health, US Environmental Protection Agency . Marijuana, University of California, Environmental, National Health, Cleveland Clinic, NYU, US Department of Agriculture, District of Columbia Locations: New York City, San Francisco, Italy

☆ Falsehoods Follow Close Behind This Summer’s Natural Disasters
▼ + stars: | 2023-08-30 | by ( Tiffany Hsu | More About Tiffany Hsu | ) www.nytimes.com time to read: +1 min

Experts said the tactics and tenor of climate denial had evolved. For decades, the oil and gas industry spent billions of dollars waging a coordinated and highly technical campaign to influence public opinion against climate science, and then climate action. Recently, conspiracy theorists and extremists have operated in a more decentralized way, generating revenue through deceptive clickbait about global warming. Natural disasters and extreme weather events would still occur without it, albeit on a smaller scale, for example. That helps fuel many false narratives, said Susannah Crockford, an environmental anthropologist at the University of Exeter in England.

Persons: ”, Jennie King, Susannah Crockford, Crockford, —, ” Dr Organizations: Institute for Strategic, University of Exeter Locations: England

REUTERS/Niharika Kulkarni/File Photo Acquire Licensing RightsMUMBAI, Aug 28 (Reuters) - Reliance Industries' retail unit is attracting "strong interest" from other top investors after raising $1 billion from Qatar Investment Authority, its billionaire chairman Mukesh Ambani said on Monday. "Several marquee global strategic and financial investors have shown strong interest in Reliance Retail," he said, adding he would share progress about them "in due course". Ambani said in 2019 that the group planned to list the retail business in five years. Reliance also said on Monday that Ambani's three children, including Isha Ambani, will join the board of parent Reliance Industries. Reliance Retail has invested more than $10 billion in the last two years and opened 3,300 new stores last year, Isha Ambani said.

Persons: Niharika Kulkarni, Mukesh Ambani, Ambani, Ambani's, Isha, Tiffany, Reliance, Isha Ambani, Sriram, Aditya Kalra, Susan Fenton Organizations: REUTERS, Rights, Reliance Industries, Qatar Investment Authority, Reliance Retail, KKR, Silver Lake, TPG, Reliance, Burberry, Unilever, PepsiCo, Thomson Locations: Mumbai, India, Asia, Africa

☆ How More Sanctions on Russian Diamonds Could Affect the Global Market
▼ + stars: | 2023-08-28 | by ( Elizabeth Paton | More About Elizabeth Paton | ) www.nytimes.com time to read: +2 min

Diamonds can change hands 20 to 30 times between mine and market, according to Hans Merket, a researcher with the International Peace Information Service, an independent research agency. “It will be important to find the right balance between ambition and realism,” he added, as it could take “years rather than months to get all noses in the right direction and reorganize this complex global supply chain.”Another headache? Russia is known for producing small diamonds that are mostly sold in very large quantities. The new G7 sanctions likely would cover only finished stones of one carat or larger, Mr. Brooks-Rubin said, although smaller gems may be included later. “But our industry is also very fragmented and global, with many in the trade who still won’t fall under its remit.”

Persons: Hans Merket, ”, Brooks, Rubin, Tiffany Stevens Organizations: International Peace Information Service Locations: Russia, New York City

☆ He Fled China’s Repression. But China’s Long Arm Got Him in Another Country.
▼ + stars: | 2023-08-26 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

To stop him, the authorities put him under surveillance and barred him from practice, depriving him of his livelihood. Mr. Lu’s wife and young daughter fled first, moving to the United States. A few days later, as he was preparing to board a train to Thailand, he was arrested by local authorities. Accused of using fraudulent travel documents, he was in Laotian custody as of late August and facing the threat of deportation. Under Xi Jinping, China’s most iron-fisted leader in decades, Chinese authorities have aggressively expanded their net outside the country.

Persons: Lu Siwei, Lu’s, Xi, Eva Pils Organizations: King’s College London Locations: China, United States, Laos, Thailand

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