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In 2021, there were nearly 700,000 divorces — both celebrity and not — across the 45 states that gather this data. If the case goes to trial, Douglas said, the cost can be even higher. Divorce entails big financial, life changesWith divorce comes a lot of life changes — significant ones. Norman estimates this life event cost him between $172,799 and $191,000. "We bought a boat for the kids ... then there was this custody battle and it just drained all of my accounts."

Persons: Johnny Depp, Amber Heard, Jennifer Lopez, Marc Anthony, Katie Holmes, Tom Cruise, Joe Jonas, Sophie Turner, —, Elizabeth Douglas, Douglas, There's, John Norman, Norman, hadn't Organizations: Douglas Family Law Locations: U.S, New York, Ithaca , New York

☆ Japan cuts view on economy for first time in 10 months
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 22 (Reuters) - Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure. The new assessment by the Cabinet Office came after data last week showed the economy shrank in July-September for the first time in three quarters as demand waned. "The economy is recovering moderately, although some areas showed stalemate recently," said the report issued by the Cabinet Office on Wednesday. It was the first time the government has cut its view on the overall economy since January. The government expects the economy to continue to recover moderately but there are risks such as those from global monetary tightening and the Chinese economy.

Persons: inflation's, Fumio, Kaori Kaneko, Sam Holmes Organizations: Cabinet, Thomson Locations: TOKYO

CNN —The judge overseeing the Fulton County election racketeering case declined Tuesday to send one of Donald Trump’s co-defendants to jail over recent social media posts and other comments he made targeting witnesses. He does not get an ‘oh, I’m sorry,’ after I’ve already intimidated the witnesses in this case,” Willis said. The felonies Floyd faces in the case are largely tied to his role in an intimidation campaign targeting two Atlanta election workers in late 2020. The leader of Black Voices for Trump, Floyd was separately charged in May with simple assault of a federal officer who was delivering a subpoena to him to testify before a grand jury in Washington, DC. He said that Floyd’s posts about Freeman have led to a “spike” in online activity targeting Freeman.

Persons: Donald Trump’s, Scott McAfee, Harrison Floyd, “, he’s, codefendants, ”, Fani Willis, I’ve, ” Willis, McAfee, ’, Floyd, Trump, Trump’s, Sidney Powell, Mark Meadows, Chris Kachouroff, ” Kachouroff, Jenna Ellis, Ruby Freeman, Ruby, Michael Hill, Black, Black Trump Guy ’, Willis interjected, ” Hill, Willis, Gabriel Sterling, you’re, ” Sterling, Von DuBose, Freeman Organizations: CNN, Trump, Fulton, Dems, Black Trump, it’s Locations: Fulton, ” Fulton County, Atlanta, Washington , DC, Trump, Fulton County, Georgia

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 20 (Reuters) - OpenAI's board of directors approached rival Anthropic's CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed on the matter. The news, reported earlier by The Information on Monday, follows various reported calls to find Altman's successor days after OpenAI's board ousted him. OpenAI declined to comment and board member Adam D'Angelo did not immediately respond to a request for comment. On Sunday the board offered ex-Twitch CEO Emmett Shear to be its interim chief, who accepted. By Monday, nearly all of the startup's more than 700 employees threatened to quit, including one of its executives on OpenAI's now four-person board.

Persons: Dado Ruvic, Sam Altman, Dario Amodei, OpenAI's, OpenAI, Adam D'Angelo, Emmett Shear, Altman, Anthropic, Claude, Jeffrey Dastin, Urvi, Nivedita Bhattacharjee, Sam Holmes Organizations: REUTERS, Sunday, Microsoft, OpenAI, Google, Thomson Locations: San Francisco, Bengaluru

The startup's newly appointed interim head moved quickly to dismiss speculation that OpenAI's board ousted Altman due to a spat over the safety of powerful AI models. It was not clear why Murati had stepped down as interim CEO. [1/4]Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Some of those joining Altman at Microsoft include senior researchers Szymon Sidor and Jakub Pachocki, according to Brockman. Microsoft had supported a return by Altman to the startup, according to sources, a move that seemed likely only hours prior to Monday's announcements.

Persons: OpenAI, Emmett Shear, Sam Altman, Greg Brockman, OpenAI's, Altman, Shear, Ilya Sutskever, we've, Sutskever, Mira Murati, reinstates Altman, Brockman, Bret Taylor, Will Hurd, Murati, Carlos Barria, Richard Windsor, Satya Nadella, Szymon Sidor, Jakub Pachocki, Russ Mould, AJ Bell, Nadella, Jeffry Dastin, Anna Tong, Krystal Hu, Akash Sriram, Aditya Soni, Urvi, Shubham, Stephanie Kelly, Nivedita Bhattacharjee, Miyoung Kim, Sam Holmes, Susan Fenton, Chizu Nomiyama, Anil D'Silva Organizations: Microsoft, FRANCISCO, Google, OpenAI, Reuters, Economic Cooperation, REUTERS, Radio Free Mobile, Thomson Locations: OpenAI, Texas, Asia, San Francisco , California, U.S, San Franciso, New York, Bengaluru

In a statement on the social media platform X, Shear dismissed speculation that OpenAI's board ousted Altman because of a spat over the safety of powerful AI models. OpenAI dismissed Altman on Friday following a "breakdown of communications," according to an internal memo seen by Reuters. [1/4]Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. In a separate post on X, Altman shared Nadella's message with the words, "the mission continues". loadingThe decision not to reinstate Altman as OpenAI's chief confounded efforts by investors and employees to steady the startup's path.

Persons: OpenAI, Emmett Shear, Sam Altman, Shear, OpenAI's, Altman, Satya Nadella, Greg Brockman, Carlos Barria, Nadella, Szymon Sidor, Brockman, Richard Windsor, Ilya Sutskever, Jeffry Dastin, Anna Tong, Urvi, Stephanie Kelly, Nivedita Bhattacharjee, Miyoung Kim, Sam Holmes, Susan Fenton Organizations: Microsoft, OpenAI, Reuters, Economic Cooperation, REUTERS, The, Radio Free Mobile, Thomson Locations: Asia, San Francisco , California, U.S, San Francisco, OpenAI, San Franciso, Bengaluru, New York

Companies Microsoft Corp FollowOpenai LLC FollowNov 20 (Reuters) - Sam Altman will not return as the CEO of OpenAI and ex-Twitch boss Emmett Shear will become the new interim boss, The Information reported on Sunday, citing board director Ilya Sutskever's statement to the company's staff. The report said distraught employees "streamed out" of OpenAI headquarters in San Francisco shortly after the decision was announced internally. [1/2]Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. The appointment of Shear also means that Murati will not stay as the interim CEO, the report said. If Altman returns to OpenAI, Microsoft (MSFT.O), its biggest backer, is considering taking a role on the board, the Information reported on Sunday, citing two people familiar with the talks.

Persons: Sam Altman, Emmett Shear, Ilya Sutskever's, Altman, Sutskever, OpenAI, Amir Cohen, Rights Altman, Greg Brockman, Mira Murati, Shear, Brockman, Szymon Sidor, Sidor, Urvi Dugar, Stephanie Kelly, Nivedita Bhattacharjee, Miyoung Kim, Sam Holmes Organizations: Microsoft, Reuters, Tel Aviv University, REUTERS, Rights, Sunday, Amazon.com Inc, OpenAI, Thomson Locations: San Francisco, Tel Aviv, Israel, Bengaluru, New York

☆ Dollar beaten to over two-month low as Fed cut bets take charge
▼ + stars: | 2023-11-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Against the weaker greenback, the euro hit its highest since August at $1.09365, while the yen firmed at a one-month high of 148.68 per dollar. The Japanese yen remained on the stronger side of 150 per dollar and was last 0.3% higher at 149.17. The onshore yuan rose 0.5% to an over three-month high of 7.1700 per dollar, while the offshore yuan similarly got a boost and jumped roughly 0.6% to an over three-month top of 7.1703 per dollar. The Aussie was last 0.5% higher at $0.6546, having struck a three-month high of $0.6563 earlier in the session, while the kiwi gained 0.54% to $0.6025.

Persons: Dado Ruvic, Carol Kong, Vishnu Varathan, CBA's, Rae Wee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, New Zealand, Fed, Commonwealth Bank of Australia, Treasury, ., Mizuho Bank, Thomson Locations: Rights SINGAPORE, Asia, China

☆ Dollar stumbles to over two-month low as markets eye Fed cuts
▼ + stars: | 2023-11-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

The yuan struck three-month highs in both the onshore and offshore markets, propped up by China's central bank, while the Australian dollar similarly scaled a three-month top against the falling greenback. "If we do see risk appetite improve again, then the dollar can definitely weaken further." Against the weaker dollar, the euro rose to an over two-month high of $1.0924, ahead of flash PMI readings in the euro zone due later this week. The risk-sensitive Australian dollar edged roughly 0.5% higher to $0.6546, its strongest level since August, while the New Zealand dollar rose 0.52% to $0.60235. The onshore yuan rose 0.5% to an over three-month high of 7.1753 per dollar, while the offshore yuan similarly got a boost and jumped roughly 0.6% to an over three-month top of 7.1745 per dollar.

Persons: Dado Ruvic, Carol Kong, Sterling, Vishnu Varathan, CBA's, Rae Wee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, Fed, Commonwealth Bank of Australia, Treasury, ., Mizuho Bank, New Zealand, Thomson Locations: Rights SINGAPORE, Asia, China

☆ China keeps lending benchmark rates unchanged, as expected
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +3 min

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. The one-year loan prime rate (LPR) was kept at 3.45% and the five-year LPR was unchanged at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. The steady fixings came after the central bank kept its medium-term interbank liquidity rate unchanged last week. The LPR, which banks normally charge their best clients, is set by 18 designated commercial banks who submit proposed rates to the central bank every month.

Persons: Tingshu Wang, Julian Evans, Pritchard, Winni Zhou, Tom Westbrook, Sam Holmes Organizations: People's Bank of China, REUTERS, Rights, Capital Economics, Thomson Locations: Beijing, China, Rights SHANGHAI, SINGAPORE, United States, outflows

☆ UK says new science initiative to work on climate-resilient crops
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/6] British Prime Minister Rishi Sunak speaks during the opening session of the Global Food Security Summit at Lancaster House in London, Britian November 20, 2023. Dan Kitwood/Pool via REUTERS Acquire Licensing RightsLONDON, Nov 20 (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. ($1 = 0.8025 pounds)Reporting by Kylie MacLellan; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishi Sunak, Dan Kitwood, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Global Food Security, Lancaster House, Britian, REUTERS Acquire, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation, Thomson Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi

"Given the fast-changing landscape, I believe those who move fast (with wage hikes) should become competitive." A demand made this year by Rengo, Japan's largest trade union confederation, for pay hikes of "around 5%" resulted in average wage hikes of 3.58% among major companies. Six out of 10 economists in a Reuters poll expect major firms' pay hikes in 2024 to exceed this year's. The key, however, would be whether wage hikes broaden to smaller firms and those in the regional areas. A report by the BOJ's regional branch managers in October warned wage hikes remained uneven among sectors with many firms undecided on next year's pay increments.

Persons: Kim Kyung, Takeshi Niinami, Fumio, Kazuo Ueda, Hisashi Yamada, Rengo, Atsushi Takeda, Kishida, Keita Kondo, Tetsushi Kajimoto, Kentaro Sugiyama, Sam Holmes, Leika Organizations: REUTERS, Rights, Suntory Holdings Ltd, Reuters, Meiji, Life Insurance, Suntory Holdings, Bank, Japan, Hosei University, OECD, UA Zensen, Itochu Economic Research Institute, Thomson Locations: Tokyo, Japan, Ukraine, Saitama

☆ Hundreds more Rohingya refugees arrive in Indonesia's Aceh
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +2 min

[1/5] Rohingya Muslim women and children rest, following their arrival in Kulee village, Pidie regency, Aceh province, Indonesia, November 19, 2023. REUTERS/Riska Munawarah Acquire Licensing RightsACEH, Nov 19 (Reuters) - More than 500 Rohingya refugees originally from Myanmar landed on the shores of Indonesia's Aceh province on Sunday, the fourth wave of arrivals this week, a local UNHCR official said. The refugees, who arrived at various parts of the province including Bireuen, Pidie and East Aceh, have overwhelmed local facilities, Munawaratul Makhya, a UNHCR official, told Reuters. Almost 1 million Rohingya are living in camps in Bangladesh in what U.N. High Commissioner for Refugees Filippo Grandi described as "the biggest humanitarian refugee camp in the world". Indonesia's Foreign Ministry said the Southeast Asian country "has no obligation nor capacity to accommodate refugees, let alone to provide a permanent solution".

Persons: Riska, Rohingya, Rohingyas, Filippo Grandi, Hidayatullah Tahjuddin, Dewi Kurniawati, David Holmes Organizations: REUTERS, Rights, UNHCR, Reuters, Ministry, UN, Thomson Locations: Kulee, Aceh province, Indonesia, Rights ACEH, Myanmar, Indonesia's Aceh, Bireuen, Pidie, East Aceh, Muslim, Bangladesh, Malaysia, Thailand, Jakarta

☆ Finland's OL3 nuclear reactor suffers unexpected outage
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: 1 min

OSLO, Nov 19 (Reuters) - Finland's Olkiluoto 3, Europe's largest nuclear power generator as measured by output, suffered an unexpected outage on Sunday due to a turbine problem, Nordic power bourse Nord Pool said in a statement. The 1.6 gigawatt (GW) unit, known as OL3, was expected to reconnect on Monday at around 1000 GMT, an extension of the outage by 11 hours compared to the initial estimate, according to the regulatory statement. Plagued by construction delays, OL3 began regular electricity output in April this year, some 14 years behind schedule. Finland has said the nuclear reactor, Europe's first in 16 years, is expected to meet around 14% of the country's electricity demand, boosting energy security. Reporting by Terje Solsvik; Editing by David Holmes and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: OL3, Terje Solsvik, David Holmes, Chris Reese Organizations: Nord, Thomson Locations: OSLO, Nord Pool, Finland

☆ Israel says soldier executed, foreign hostages held at Gaza's Shifa hospital
▼ + stars: | 2023-11-19 | by ( Dan Williams | ) www.reuters.com time to read: +3 min

Israel is also searching for some 240 people Hamas kidnapped to Gaza after an Oct. 7 cross-border assault that sparked the war. One of these was a 19-year-old Israeli army conscript, Noa Marciano, whose body was recovered near Shifa last week. The Israeli military said a forensic examination found she had sustained non-life-threatening injuries from such a strike. "According to intelligence information - solid intelligence information - Noa was taken by Hamas terrorists inside the walls of Shifa hospital. Mounir El Barsh, the Gaza health ministry director, dismissed the Israeli statement on the tunnel as a "pure lie".

Persons: Al, Al Shifa, Noa Marciano, Noa, Daniel Hagari, Hagari, gurney, El Barsh, Dan Williams, David Holmes, Alex Richardson Organizations: Palestinian, Israel Defense Forces, Al, CCTV, Thomson Locations: Al Shifa, Gaza, Israel, Palestinian, JERUSALEM, Shifa, Thai, Al Jazeera

☆ UK Says New Science Initiative to Work on Climate-Resilient Crops
▼ + stars: | 2023-11-19 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

LONDON (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. Priorities will include mobilising international finance and harnessing innovation, Britain's Foreign Office said. ($1 = 0.8025 pounds)(Reporting by Kylie MacLellan; Editing by David Holmes)

Persons: Rishi Sunak, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi

"Investors had hoped to receive separate shares of the cloud business in hopes the segment could achieve a higher multiple in the public markets due to its growth potential." The company then appointed Eddie Wu, one of Alibaba Group's co-founders and long-time lieutenant of former chief Jack Ma, as both CEO of Alibaba and the cloud business. Instead the group would focus on growing the cloud business and providing investment for its AI drivers, he said. [1/2]3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. Alibaba International Digital Commerce, a business that includes platforms such as Lazada and AliExpress, however reported a 53% rise in revenues, with retail revenue up 73% year-on-year.

Persons: Cainiao, Thomas Hayes, Alibaba's, Daniel Zhang, Eddie Wu, Alibaba Group's, Jack Ma, Zhang, Joseph Tsai, Tsai, Wu, Dado Ruvic, Alibaba, Akash Sriram, Brenda Goh, Sam Holmes, Arun Koyyur, Jane Merriman Organizations: Alibaba, HK, Tencent Holdings, Alibaba's, Investors, Analysts, Cloud Intelligence Group, REUTERS, Alibaba Group Holdings, PDD Holdings, Digital Commerce, Casey Hall, Thomson Locations: U.S, China, Hong Kong, Alibaba's U.S, Bengaluru, Shanghai

☆ China expected to keep key lending rates unchanged next week
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, February 3, 2020. In a poll of 26 market watchers, all participants predicted both the one-year LPR and the five-year tenor would stay unchanged. "The changes in LPR are more affected by the MLF rate," Zhou said, expecting the LPR to stay unchanged this month. The PBOC on Wednesday injected 1.45 trillion yuan ($200.12 billion) worth of one-year MLF loans into the banking system but kept the rates on those loans unchanged. Expectations of steady LPR fixings also come as new bank lending in China fell less than expected in October from the previous month.

Persons: Jason Lee, Zhou Maohua, Zhou, Winni Zhou, Wu Fang, Tom Westbrook, Sam Holmes Organizations: People's Bank of China, REUTERS, Rights, China Everbright Bank, Thomson Locations: Beijing, China, Rights SHANGHAI, SINGAPORE, United States, outflows, Shanghai, Singapore

☆ Disgraced Nikola founder's argument for why he should avoid jail: He's no Elizabeth Holmes
▼ + stars: | 2023-11-17 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Trevor Milton's lawyers say he should avoid prison because his fraud conviction is not like that of Elizabeth Holmes. Holmes was convicted on charges that she defrauded investors in blood-testing company Theranos. Milton was convicted on charges that he duped investors with exaggerated claims about zero-emission Nikola trucks. Court officials have calculated federal sentencing guidelines to recommend between 17 1/2 years and 22 years in prison, although Milton's lawyers object to the calculations, saying they substantially overstate the seriousness of the crimes. "Unlike Holmes, Trevor never put Nikola's customers at risk, whereas Holmes touted and used blood-testing technology that she knew to be unreliable, thus putting human beings at medical risk," the lawyers said.

Persons: Trevor, Elizabeth Holmes, Holmes, Milton, —, truckmaker Nikola, Trevor Milton, nastiness, Nikola, Milton's, Nikola — Organizations: Service, truckmaker, truckmaker Nikola Corp, Wall, The Associated Press, General Motors Corp, Securities and Exchange Commission, Nikola Locations: Manhattan, tatters, Utah, Arizona

☆ BOJ will debate easy-policy exit when inflation nears target -Gov Ueda
▼ + stars: | 2023-11-17 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Bank of Japan (BOJ) Governor Kazuo Ueda attends a news conference after their policy meeting at BOJ headquarters in Tokyo, Japan April 28, 2023. The fate of the central bank's purchases and holdings of exchange-traded funds (ETF) will also be discussed as and when the BOJ considers an exit from ultra-loose policy, he added. "We will consider ending yield curve control and negative interest rates if we can expect inflation to stably and sustainably meet our 2% target," Ueda told a semi-annual testimony to parliament on Friday. "Trend inflation is likely to gradually accelerate toward our 2% inflation target through fiscal 2025. "If achievement of our price target approaches, we will discuss a strategy and guidelines for exiting ultra-loose policy," including the fate of its ETF holdings, Ueda said.

Persons: Kazuo Ueda, Issei Kato, Ueda, Leika, Shri Navaratnam, Sam Holmes Organizations: of Japan, REUTERS, Bank of Japan, Thomson Locations: Tokyo, Japan, TOKYO

☆ Harry Potter's paralysed stunt double found making new documentary "cathartic"
▼ + stars: | 2023-11-17 | by ( Sarah Mills | ) www.reuters.com time to read: +2 min

We are living in a society where men don't really talk. We just thought, this can't be happening," said Marc Mailley, a fellow stunt artist who was there at the time. I choose to be a survivor," said Holmes, whose challenging medical journey is seen in the new film. Directed by former Harry Potter crew member Dan Hartley, the film is executive produced by Daniel Radcliffe. Holmes hopes his raw documentary might start conversations about stunt performers' work and what it is like to be disabled.

Persons: David Holmes, Harry Potter, Holmes, Daniel Radcliffe's, Radcliffe, It's, I'm, Marc Mailley, Dan Hartley, Daniel Radcliffe, Sarah Mills, Richard Chang Organizations: Potter, Broadway, Thomson Locations: London

Four years after calling time on his playing career, Berbatov has grand ambitions of reshaping the football landscape in his native Bulgaria. “Bulgarian football is in major crisis,” Berbatov tells CNN Sport’s Amanda Davies from London in a recent interview. Mihaylov re-electedTwo years after submitting his resignation, Mihaylov stood again and was re-elected as BFU president for a fifth term when Berbatov was also a candidate. In the voting, 241 voted for Mihaylov, 230 for Berbatov, eight for a third candidate, and four did not vote. Dimitar Kyosemarliev/ReutersBulgaria last qualified for a major international tournament at Euro 2004, when a squad featuring Berbatov lost all three of its games.

Persons: CNN — Dimitar Berbatov’s, Berbatov, it’s, Amanda Davies, “, – Stiliyan Petrov, Martin Petrov, –, Borislav Mihaylov, Mihaylov, Mihaylov’s, Gareth Southgate, Boyko Borissov, Bulgaria “, ” Mihaylov, Borissov’s, ” Borislav Mihaylov, Georgi Paleykov, Georgi Ivanov, “ I’ve, ” Berbatov, Dimitar Dilkoff, Nikolay Doychinov, ”, Dimitar Kyosemarliev, hasn’t, Simon Holmes, Aleksander Čeferin, Čeferin, “ It’s Organizations: CNN, Bulgarian, –, Manchester United, Bulgarian Football Union, England, Bulgaria, ”, Guardian, Balkan Insight, FIFA, UEFA, CNN Sport, Latvia, Getty, Bulgaria’s, Hungary, men’s, Plovdiv’s Hristo Botev Stadium, Police, Vassil Levski Stadium, Hungarian Football Federation, Reuters, Croatia Locations: Germany, England, France, Greece, India, Bulgaria, Europe, London, Sofia, Bulgarian, “ Bulgaria, AFP, Plovdiv, Reuters Bulgaria, BFU

☆ Asia stocks hang onto weekly gains as yields, oil fall
▼ + stars: | 2023-11-17 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

The market is pricing in 98 basis points of cuts next year, compared with 73 basis points a week ago. "We forecast the policy rate to drop 100 basis points in 2H24 to end the year at 4.5%, before settling on hold at 3.5% by 1Q25." Treasury investors were looking to price in a little of that right now with yields on two-year treasuries down a whopping 21 basis points for the week at 4.85%. Ten-year note yields stood at 4.44%, having fallen 18 basis points for the week so far, a rousing rally from the 5.02% high hit just a month ago. It fared better against commodity-linked currencies such as the Canadian dollar , which were hampered by the slide in oil.

Persons: Brent, Xi Jinping, Joe Biden, Fumio Kishida, Xi, Wayne Cole, Sam Holmes Organizations: SYDNEY, Dealers, Walmart, Equity, Nasdaq, Japan's Nikkei, Bank of Japan, Japanese, APEC, Federal Reserve, JPMorgan, 1Q25, Treasury, Fed, Thomson Locations: Asia, Japan, Pacific, U.S, United States, China, 2H24

☆ China's Alibaba to scrap cloud unit spinoff in response to US chip curbs
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

[1/2] 3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 16 (Reuters) - China's Alibaba Group Holding (9988.HK), said on Thursday it will scrap the spin off of its cloud unit in response to export curbs by the United States on chips used in artificial intelligence applications. Its U.S.-listed shares fell about 5% in premarket trading after it also reported second-quarter revenue in line with market expectations. "The recent expansion of U.S. restrictions on export of advanced computing chips has created uncertainties for the prospects of Cloud Intelligence Group," Alibaba said. The e-commerce giant posted revenue of 224.79 billion yuan ($31.01 billion) in the quarter, compared with analysts' average estimate of 224.32 billion yuan, according to LSEG data.

Persons: Dado Ruvic, Alibaba, Pinduoduo, Eddie Wu, Alibaba Group's, Jack Ma, Daniel Zhang, Akash Sriram, Sam Holmes, Arun Koyyur Organizations: REUTERS, HK, U.S, Cloud Intelligence Group, PDD Holdings, Thomson Locations: United States, Bengaluru

☆ Trump’s radical second-term agenda would wield executive power in unprecedented ways
▼ + stars: | 2023-11-16 | by ( Kristen Holmes | ) edition.cnn.com time to read: +10 min

Wielding the power of federal law enforcement against political enemies. As he seeks a return to the Oval Office, former President Donald Trump and his allies have promised a sweeping transformation of the federal government that would wield the executive branch’s power in radical and unprecedented ways. However, none of these groups or individuals speak for President Trump or his campaign,” campaign advisers Susie Wiles and Chris LaCivita wrote in a statement. Trump’s campaign has recently brought on policy-focused hires who will help craft his policy messaging and eventually look at proposals from various conservative groups. “Stopping the invasion at our southern border is an urgent national security necessity and one of President Trump’s top priorities.

Persons: Donald Trump, arounds, Trump, Susie Wiles, Chris LaCivita, –, “, Joe Biden, Biden, ”, Stephen Vladeck, Trump’s, —, ” Trump, Privately, He’s, Larry Kudlow Organizations: CNN, Office, Trump, Heritage Foundation, Justice Department, Univision, DOJ, University of Texas School of Law, National Security and Intelligence, Oracle, Pentagon, Department, National Guard, Fox Business Locations: Washington, United States of America, Florida, State, America, Mexico, China, United States

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