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☆ US yields languish above lows before Powell remarks; oil sags
▼ + stars: | 2023-11-08 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

Crude oil sank to a three-month low after data showed a steep build in U.S. stockpiles, while worries about the Chinese economy weighed on the outlook for demand. Equities were mixed in Asia, with gains for tech stocks offset by slumping commodity shares. Wall Street futures pointed slightly lower following gains across the big three indexes overnight, led by a 0.9% rally for the tech-heavy Nasdaq (.IXIC). "The markets are repositioning for a moderation in U.S. growth," pushing down long-term yields and the dollar, said Kyle Rodda, a senior markets analyst at Capital.com. Declines in commodity shares amid lower energy prices were offset by a climb in growth stocks, amid expectations for lower borrowing costs.

Persons: Androniki, Jerome Powell, Christopher Waller, Michelle Bowman, Powell, Kyle Rodda, Brent, Hong, Kevin Buckland, Shri Navaratnam Organizations: Nikkei, REUTERS, Rights, Federal, Wall, Nasdaq, Fed, People's Bank of China, Thomson Locations: Tokyo, Japan, Asia, U.S, Pacific

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 8 (Reuters) - If the notorious 'term premium' is evaporating again, then last month's bond rout may just have been a nightmare. "If that's coming from term premium and it's tightening, then we have got to take that into account." As Summers estimated this week, a term premium just back at 60-year averages would put it at 150bps - 130bps above current levels. Morgan Stanley estimates an additional near $1 trillion in gross debt sales from G7 governments are coming down the pike next year. Morgan Stanley chart on G7 debt sales in 2024Reuters GraphicsThe opinions expressed here are those of the author, a columnist for Reuters.

Persons: Dado Ruvic, Christopher Waller, Larry Summers, selloff, York Fed's, Jerome Powell, Austan Goolsbee, Lisa Cook, Summers, Morgan Stanley, Mike Dolan, Josie Kao Organizations: REUTERS, Federal Reserve, Treasury, Fed, ., The, NY, Reuters Graphics Reuters, Reuters, Chicago Fed, Congress, Thomson Locations: York, midyear, 150bps

☆ Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
▼ + stars: | 2023-11-03 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

A Starz spokesperson declined to comment on the number of cuts but confirmed the authenticity of the letter to staff. Lionsgate and Starz have been part of the same company since December 2016, when Lionsgate acquired Starz for $4.4 billion. That marriage will end in the first quarter, when the company plans to spin Lionsgate as a separately traded company. Starz announced last quarter it planned to exit Latin America to focus on the U.S., U.K. and Canada. Starz ended last quarter with about 12 million domestic streaming subscribers and about 20 million total customers when including those who sign up through traditional pay TV.

Persons: Jeffrey Hirsch, Hirsch Organizations: Starz, CNBC, Lionsgate, E Networks, Paramount, BET Locations: Australia, America, Canada

☆ US Supreme Court to hear NRA free speech case against New York official
▼ + stars: | 2023-11-03 | by ( John Kruzel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +4 min

It represents the latest case to come before the Supreme Court involving the NRA, a group closely aligned with Republicans that has opposed gun control measures and backed pivotal lawsuits that have widened U.S. gun rights. The NRA was founded in New York in 1871 and was incorporated as a non-profit in the state. At issue was whether Vullo wielded her regulatory power to coerce New York financial institutions into cutting ties with the NRA in violation of its free speech rights under the First Amendment. Circuit Court of Appeals in 2022 said those also should have been dismissed, prompting the NRA's appeal to the Supreme Court. The NRA has been engaged in an extensive legal fight with the state of New York separate from the case involving Vullo.

Persons: Maria Vullo, Vullo, Lloyd's, Andrew Cuomo, Democrat Letitia James, James, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, National Rifle Association, New York's Department of Financial Services, NRA, Republicans, New, Democratic, U.S . Congress, Parkland, Vullo, Circuit, Democrat, Republican, Thomson Locations: New York, Parkland , Florida, London, York, United States, Manhattan, . New York, Texas, Washington

[1/2] Palestinians gather at the site of Israeli strikes on houses in Bureij in the central Gaza Strip,November 2, 2023. The White House said on Wednesday there were "no plans or intentions" to put U.S. troops on the ground in Gaza. As the debate gains momentum, Gaza health authorities say more than 9,000 people have been killed in the 25-mile-long strip of land, home to 2.3 million Palestinians. Any entity that seeks to exert authority in post-war Gaza would also have to contend with the impression among Palestinians that it is beholden to Israel. Israel expects a long war but says it has no interest in re-occupying Gaza.

Persons: Mohammed Fayq Abu Mostafa, Antony Blinken, Mahmoud Abbas, Aaron David Miller, Miller, Jordan, Blinken, We're, Benjamin Netanyahu, Washington’s, Joe Biden, U.N, Antonio Guterres, Dennis Ross, Ross, Israel, Matt Spetalnick, Steve Holland, Humeyra Pamuk, Simon Lewis, Michelle Nichols, Heather Timmons, Grant McCool Organizations: REUTERS, Rights, Hamas, United Nations, Palestinian Authority, West Bank, U.S . Middle, U.S, HAITI U.S, Israeli, . Security, Washington Institute for Near East, United Arab, Carnegie Endowment, International Peace, Thomson Locations: Bureij, Gaza, Washington, Palestinian, Israel, U.S, IRAQ, AFGHANISTAN, HAITI, Iraq, Afghanistan, United Nations, Lebanon, Haiti, Kenya, Egypt, Jordan, United Arab Emirates, Bahrain, Morocco

☆ Orsted’s losing US bets need rethink of UK plans
▼ + stars: | 2023-11-01 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

Turbulent news has buffeted the wind sector of late, from faulty turbines at Siemens Energy (ENR1n.DE) to Orsted’s own surprise impairments in August. After that surprise – largely caused by suppliers’ issues – Orsted’s stock price is just a fifth of its 2021 peak of 1,350 Danish crowns. That suggests investors are neither counting on future growth from its U.S. portfolio nor sufficiently factoring in Orsted’s earnings from operating projects. That’s a far cry from the annual average increase of 14% from 2023 onwards implied by Orsted’s EBITDA target of up to 55 billion Danish crowns in 2030. Hornsea Three would require capital investments of 48.5 billion Danish crowns, according to Bernstein.

Persons: Mads Nipper, Nipper, Orsted, Bernstein, Orsted’s, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Siemens Energy, Reuters Graphics Reuters, U.S ., Thomson Locations: SINGAPORE, United States, New Jersey, Danish, U.S . East Coast

☆ How Novo Nordisk makes its weight-loss drug Wegovy
▼ + stars: | 2023-11-01 | by ( Maggie Fick | ) www.reuters.com time to read: +3 min

[1/2] A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, August31, 2023. REUTERS/Victoria Klesty/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 1 (Reuters) - Novo Nordisk (NOVOb.CO) is spending billions of dollars to boost output and ease shortages of its hugely popular, highly effective weight-loss medicine Wegovy. FILL-FINISHNovo has hired Catalent (CTLT.N), a large U.S. contract drug manufacturer, to fill injection pens for Wegovy at two of that company's plants: in Brussels and in Bloomington, Indiana. Novo has also hired another U.S. firm, Thermo Fisher (TMO.N), as a Wegovy pen filler. COMPONENTSThe Wegovy injection pens for the U.S. market slightly differ from those sold in the European markets including Norway, Denmark, Germany and UK, where it has so far launched.

Persons: Victoria Klesty, Catalent, Novo, Wegovy, Maggie Fick, Josephine Mason, Tomasz Janowski Organizations: REUTERS, Novo Nordisk, U.S, Novo, Reuters, PCI Pharma Services, autoinjectors, West Pharmaceutical Services, Stevenato, SCHOTT Pharma, Thomson Locations: Oslo, Norway, August31, Victoria, Danish, Novo, Denmark, U.S, Brussels, Bloomington , Indiana, Greenville , North Carolina, Greenville, Germany, Europe, Swiss

The Supreme Court in recent years has struck down two trademark laws based on free speech concerns. Elster applied for the "Trump Too Small" trademark to use on T-shirts, inspired by an exchange between Trump and U.S. Elster told the Supreme Court that his trademark uses a double meaning to criticize Trump while expressing his views about "the smallness of Donald Trump's overall approach to governing." Ernst also said the law at issue does not further the overarching trademark law goal of preventing marketplace confusion. "Nobody would be confused into believing that Donald Trump is selling T-shirts accusing him of being too small," Ernst said.

Persons: Marco Rubio, Donald Trump, Jim Young, Foley, Lardner, Trump, Steve Elster's, Joe Biden's, Elster, Erik Brunetti, denigrate Rubio, Marco, " Rubio, Donald Trump's, Elizabeth Prelogar, Biden, Obama, Kate, Jonathan Moskin, Moskin, Jack Daniel's, Joe, Hillary, Samuel Ernst, Ernst, Blake Brittain, Will Dunham Organizations: Republican U.S, U.S, Republican, REUTERS, WASHINGTON, Supreme, U.S . Patent, Trump, Appeals, Federal Circuit, TRUMP, International Trademark Association, Golden Gate University School of Law, Thomson Locations: Detroit , Michigan, California, U.S, Virginia, America, Washington

☆ 'Trump Too Small' T-Shirt Slogan Turns Into US Supreme Court Battle
▼ + stars: | 2023-10-27 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +5 min

The Supreme Court in recent years has struck down two trademark laws based on free speech concerns. Elster applied for the "Trump Too Small" trademark to use on T-shirts, inspired by an exchange between Trump and U.S. Rubio responded at a campaign rally in Virginia that his rival had disproportionately small hands. Are they small hands?" Ernst also said the law at issue does not further the overarching trademark law goal of preventing marketplace confusion.

Persons: Blake Brittain WASHINGTON, Trump, Donald Trump, Steve Elster's, Joe Biden's, Elster, Erik Brunetti, Marco Rubio, denigrate Rubio, Marco, " Rubio, Donald Trump's, Elizabeth Prelogar, Biden, Obama, Kate, Jonathan Moskin, Foley, Lardner, Moskin, Jack Daniel's, Joe, Hillary, Samuel Ernst, Ernst, Blake Brittain, Will Dunham Organizations: Supreme, U.S . Patent, Trump, U.S, Appeals, Federal Circuit, TRUMP, International Trademark Association, Golden Gate University School of Law Locations: California, U.S, Virginia, America, Washington

Earlier on Wednesday, Mr. Netanyahu said the Israeli military was still preparing for a ground operation in the Gaza Strip. American officials say it will take them a few more days to get many of those new antimissile batteries in place. The Financial Times reported earlier on the request to delay the ground invasion to give time to get the air defense assets in place. The American officials have urged Mr. Netanyahu’s war cabinet to give Washington more time to place antimissile batteries to protect both Israel and American troops in the region, according to several American officials. But the United States also believes that Israel may not have the capability to respond to a two-front war.

Persons: Biden, Israel, Benjamin Netanyahu, Netanyahu, ”, “, ” Biden, Mick Mulroy, Antony J, Blinken, —, ” Israel, Julian E, Barnes, Aaron Boxerman Organizations: U.S, Financial Times, U.S . Navy, Pentagon, Lebanese, Hezbollah, American, ”, United Nations, Health Ministry Locations: Gaza, United States, U.S, Israel, Syria, Iran, Yemen, Iraq, Tehran, Washington

REUTERS/Arriana McLymore/File Photo Acquire Licensing RightsMADRID/LONDON, Oct 25 (Reuters) - Zara owner Inditex (ITX.MC), the world's biggest clothing retailer, has agreed to buy recycled polyester from U.S. start-up Ambercycle, the companies said on Wednesday. As fast-fashion retailers face pressure to reduce waste and use recycled fabrics, Inditex is spending more than 70 million euros ($74 million) to secure supply of Ambercycle's recycled polyester made from textile waste. Under the offtake deal, Inditex will buy a "significant" portion of Ambercycle's production of recycled polyester, which is sold under the brand cycora, over three years. Textile-to-textile polyester recycling is in its infancy, though, and will take time to reach the scale required by global fashion brands. The Ambercycle deal marks the latest in a series of investments made by Inditex into textile recycling start-ups.

Persons: Arriana, Inditex, Zara Athleticz, Javier Losada, Corina Pons, Helen Reid, Cynthia Osterman, David Holmes Organizations: REUTERS, Infinited, Thomson Locations: Zara's Soho, New York City, U.S, MADRID, LONDON, Zara, Los Angeles, Circ, Spain

For nearly three decades – from fiscal years 1974 to 2002 – Israel was the top recipient of U.S. aid, the longest-standing duration for a top aid recipient dating back to 1946, according to figures from ForeignAssistance.gov. While 2003 to 2020 saw the most aid going to either Iraq or Afghanistan, Israel nevertheless remained a top three aid recipient throughout that time. In 2021, U.S. obligations to Israel amounted to $3.31 billion, a figure that saw Israel returning to the top spot among aid recipients that year. Almost all U.S. aid to Israel recently has been military aid rather than economic aid, in the form of Foreign Military Financing grants – U.S. grants and loans to Israel for acquiring U.S. military equipment and services. Israel saw that rate peak at 30.5% in 1975, but it has slowly been descending since.

Persons: Biden, Gerald R, Ford, Israel, – Israel, Christine Wormuth, Kevin McCarthy’s, Israel’s Rafael, – Organizations: United, Foreign Military Financing, U.S, Congressional Research Service, CRS, Israel Defense Forces, Defense Systems, Raytheon, Raytheon Rafael, Protection Systems, Israel Aerospace Industries, Boeing, Israel, World Bank, Russia, USAID . Missile Locations: Israel, U.S, United States, Egypt, ForeignAssistance.gov, Iraq, Afghanistan, Ukraine, – Israel

☆ Safe-haven gold soars as investors bolt for safety from Middle East clashes
▼ + stars: | 2023-10-09 | by ( ) www.cnbc.com time to read: +2 min

Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict and spurred a rush to safe haven investments like bullion. Spot gold jumped 1% to $1,849.51 per ounce by 0317 GMT, having hit its highest level in a week. "Gold has regained its safe-haven status following the geopolitical events over the weekend," City Index Senior Analyst Matt Simpson said. Higher U.S. rates raise the opportunity cost of holding gold, which yields no interest.

Persons: Matt Simpson Organizations: Novosibirsk Refining Plant, Hamas, Federal, Higher Locations: Novosibirsk, Russia, Israel, Gaza, Higher U.S

Spot gold was up 0.6% at $1,831.09 per ounce by 1:41 p.m. EDT (1741 GMT) but on track for its second straight weekly loss, down 0.9% so far. Reuters GraphicsBenchmark Treasury yields headed for a weekly increase, denting the appeal of gold. The bounce in gold prices despite the strong jobs data indicates that selling pressure has been exhausted and there is covering of short positions, said Tai Wong, a New York-based independent metals trader. Spot silver gained 3.1% to $21.54 an ounce, platinum rose 2.6% to $876.73 and palladium firmed 1.8% to $1,161.72. All were on track for weekly losses.

Persons: サマリー, Tai Wong, Ole Hansen, Hansen, Ashitha Shivaprasad, Brijesh Patel, Rod Nickel, Kirsten Donovan 私たち Organizations: Graphics, U.S . Labor, Traders, Saxo Bank Locations: U.S, New York, Bengaluru

Deal negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement, Reuters reported on Thursday. These transactions were eventually allowed to be completed, and the regulator has not sued to thwart an oil and gas production deal since 2000. The lawyers and experts interviewed said the FTC would face an uphill struggle in challenging Exxon's attempted acquisition of Pioneer. "The modern U.S. experience is that oil and gas deals of any notable size get a close look. It sued to block the merger and only agreed to drop its objections after BP offered to divest oil production acreage in Alaska.

Persons: Joe Biden, Janet Yellen, Leah Millis, producer's, Lina Khan, Andre Barlow, Doyle, Barlow, Mazard PLLC, Sheldon Whitehouse, William Kovacic, George Washington, consultancies Wood MacKenzie, David Kass, Diane Bartz, David French, Mike Stone, Greg Roumeliotis, Marguerita Choy Organizations: Treasury, White, REUTERS, Exxon Mobil, Natural Resources, Exxon, Pioneer, Reuters, Federal Trade Commission, Democratic, George, Companies, Activision, FTC, Atlantic, BP, RBC Capital Markets, Chevron, PDC Energy, University of Maryland, Thomson Locations: Washington , U.S, U.S, Atlantic Richfield, Alaska, West Texas, New Mexico, Rystad, Denver, Julesburg, Washington ,, Atlanta

ALBUQUERQUE, N.M. (AP) — It’s been 15 years since the world’s elite gas balloon pilots have gathered in the United States for a race with roots that stretch back more than a century. Their ballooning résumé includes four wins in the America's Challenge long-distance gas balloon race, and third- and fourth-place finishes in previous Gordon Bennett competitions. Unlike the colorful hot air balloons that ascend en masse during the Albuquerque International Balloon Fiesta by using heated ambient air, gas balloons have an envelope filled with a gas lighter than air — usually hydrogen. He recalled the Gordon Bennett competition that occurred after the 9/11 attacks in 2001. The gas balloons were the only things in the sky as planes were still grounded.

Persons: — It’s, Gordon Bennett, They're, Willi Eimers, Benjamin, Albuquerque balloonists Barbara Fricke, Peter Cuneo, Fricke, Cuneo, “ You've, ” Fricke, Mark Sullivan, Cheri White, Sullivan, White, Jacques Soukup, ” Sullivan, “, We’re, let’s, ” Organizations: U.S, FAI, Pilots Locations: ALBUQUERQUE, N.M, United States, New Mexico, Albuquerque, U.S, Canada, Belgium, West Texas, Belarus

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. "It has all the hallmarks of intervention in all honesty," said Michael Brown, market analyst at Trader X in London. The dollar fell 0.71% to 149.165 yen hovered near break-even against the euro . The yen is a particular casualty of the dollar's march to 10-month highs and the rise in Treasury yields, given a yawning gap between U.S. and Japanese interest rates. Gold prices languished near a seven-month low, weighed down by a robust dollar and elevated bond yields as the likelihood of U.S. rates staying higher for longer dominated sentiment.

Persons: Brendan McDermid, Michael Brown, Ronald Temple, Raphael Bostic, Bostic, Shunichi Suzuki, Suzuki, Brent, Ankur Banerjee, Jamie Freed, Susan Fenton, Jan Harvey, Deepa Babington, Cynthia Osterman Organizations: New York Stock Exchange, REUTERS, Global, Federal Reserve, Trader, Labor, Survey, Lazard, U.S, Dow Jones, Nasdaq, Atlanta Fed, Thomson Locations: New York City, U.S, London, New York, Japan, Singapore

☆ Morning Bid: Rate jitters wear down wary markets
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

Asian markets were under pressure as the day progressed, with MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) sliding to its lowest in 10 months. Futures indicate the sombre mood is likely to continue as Europe wakes, with markets there due to open lower. Congress has shut down the government 14 times since 1981, though most of those funding gaps lasted only a day or two. Meanwhile, tech stocks are likely to be in the spotlight after a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) from the U.S. Federal Trade Commission was filed on Tuesday. It also said the popular game has reached $20 billion in revenue since its 2012 launch.

Persons: Treasuries, Candy Crush, King, Ankur Banerjee, Edmund Klamann Organizations: Ankur, Treasury, Nikkei, Republicans, Congress, China Evergrande, HK, Bloomberg, Amazon.com, U.S . Federal Trade Commission, FTC, Big Tech, Microsoft, Wall Street, Reuters, Thomson Locations: U.S, Asia, Pacific, Japan, Europe, Swiss

TOKYO (AP) — Shares in Asia were mostly higher on Wednesday, shrugging off a sharp decline on Wall Street that took benchmarks back to where they were in June. That pushed the Fed last week to say it will likely cut interest rates by less next year than earlier expected. Besides high interest rates, a long list of other worries is also tugging at Wall Street. On Wall Street, the vast majority of stocks fell Tuesday under such pressures, including 90% of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index.

Persons: shrugging, Hui Ka Yan, Australia's, ” Stephen Innes, Brent Organizations: TOKYO, Tokyo's Nikkei, Hang Seng, Bloomberg, Garden Holdings, Dow Jones, Nasdaq, Federal Reserve, Treasury, Fed, U.S, Management, Big Tech, Apple, Microsoft, Federal Trade Commission Locations: Asia, Hong Kong, Shanghai, China, Seoul, Maryland, Carolinas

WASHINGTON (AP) — President Joe Biden ’s dog Commander has bitten another U.S. Secret Service employee. A uniformed division officer was bitten by the dog around 8 p.m. Monday at the White House, and was treated on-site by medical personnel, said USSS chief of communications Anthony Guglielmi. Political Cartoons View All 1182 ImagesCommander is the second dog of Biden’s to behave aggressively, including biting Secret Service personnel and White House staff. The Secret Service provides security protection for the president and his family, and scores of its officers are posted around the executive mansion and its sprawling grounds. Biden received Commander in December 2021 as a gift from his brother James.

Persons: Joe Biden ’, Anthony Guglielmi, Elizabeth Alexander, Jill Biden, ”, Shepherd, Biden, James Organizations: WASHINGTON, Secret Service, White, Department of Homeland Security, White House, Service Locations: German, Delaware

☆ Japan's MUFG Bank, two others lead $290 mln Sierra Space fundraising -Nikkei
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Sept 26 (Reuters) - MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial "spaceport" project in the southwestern region of Oita, the Nikkei daily said on Tuesday. A spokesperson of Tokio Marine & Nichido Fire, a unit of Tokio Marine Holdings (8766.T), confirmed that the three companies formed a strategic partnership with Sierra, but declined to elaborate on their investments. Sierra Space, spun off in 20221 from billionaire-owned Sierra Nevada Corp, is among a handful of space industry players attempting to build a private space station that NASA hopes will replace the two decade-old International Space Station by 2030. The Oita project took a hit this year from the bankruptcy of another U.S. space company Virgin Orbit , which had partnered with airline ANA Holdings (9202.T). MUFG Bank, one of Japan's three biggest, has invested in domestic space startups such as orbital debris-removal firm Astroscale.

Persons: Sierra, inc's, Kantaro Komiya, Clarence Fernandez Organizations: MUFG, Space, Nikkei, SpaceX, MUFG Bank, Tokio Marine, Tokio Marine Holdings, Sierra, Mitsubishi UFJ, Kanematsu Corp, CNBC, Sierra Nevada Corp, NASA, Japan Airlines, Orbit, ANA Holdings, Mitsui Sumitomo Insurance, Japan Aerospace Exploration, SLIM, Thomson Locations: TOKYO, Oita, Sierra, Kanematsu, Asia's, Japan

☆ Opinion | Can Samantha Power Win the Battle for Ukraine’s Future?
▼ + stars: | 2023-09-13 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

Years ago, during the George W. Bush administration, I shadowed another U.S.A.I.D. Despite some notable gains, especially in areas such as girls’ education, it was clear the agency was struggling. In the end, approximately $145 billion in assistance — about $20 billion of which was administered by U.S.A.I.D. Would the story turn out similarly in Ukraine, a state that last year ranked alongside Angola in Transparency International’s Corruption Perceptions Index? That’s what I went to Ukraine to see for myself.

Persons: I’ve, George W, Bush, Henrietta Fore, ” —, Sam’s, — Organizations: American Embassy, U.S.A.I.D, Angola Locations: Afghanistan, Ukraine

☆ Asian stocks steady, Japan, China central banks interrupt dollar's ascent
▼ + stars: | 2023-09-12 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Japanese government bonds remained under pressure on Tuesday, with 10-year JGB yields up 1 basis point to a fresh high of 0.71%. Japan's Nikkei (.N225) rose 0.61%, with markets looking to U.S. inflation data and this week's European Central Bank meeting to set interest rate expectations and the mood. Overnight, the weaker dollar and upgrade on Tesla from analysts at Morgan Stanley helped U.S. stock markets gain. "There is a sense that ECB is already done for the cycle," said Maybank analysts in a note to clients. "Recent PMI prints suggest that growth outlook could be deteriorating and puts the euro at risk of further downside.

Persons: Kazuo Ueda, Chris Weston, Matt Simpson, Christopher Wong, Morgan Stanley, bitcoin, Lincoln, Simon Cameron, MOore Organizations: Federal Reserve, Bank of Japan, Reuters, Investors, HK, Mainland Properties, Japan's Nikkei, Central Bank, Arm Holdings, New Zealand, ECB, PMI, Fed, Brent, Thomson Locations: SINGAPORE, China, Japan, Melbourne, Hang, Asia, Pacific, British, New York

☆ The U.S. Open Men’s Singles Final We Only Half Expected: Djokovic vs. Medvedev
▼ + stars: | 2023-09-09 | by ( Jesus Jiménez | More About Jesus Jiménez | ) www.nytimes.com time to read: +1 min

This U.S. Open men’s final will get a rematch — just not between Djokovic and Alcaraz. Daniil Medvedev of Russia, after defeating Alcaraz on Friday night in four sets, will play Djokovic on Sunday afternoon for the championship. It will be a rematch of the 2021 U.S. Open final, which Medvedev won, stopping Djokovic from completing a calendar Grand Slam that year. Here’s what you need to know about the match on Sunday:Djokovic and Medvedev took different paths to the final. But Djokovic was able to will his way back to win, wrapping up at around 1:30 a.m.

Persons: Novak Djokovic, Carlos Alcaraz, Djokovic, Alcaraz, Daniil Medvedev, Medvedev Organizations: Wimbledon Locations: Russia, Serbian

☆ US raises concerns by Micron, Intel with China as export control meeting set to launch
▼ + stars: | 2023-08-28 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

Ambassador to China Nick Burns, in Beijing, China, August 28, 2023. Raimondo wants to address concerns from U.S. businesses that are having difficulties operating in China. Shares of Micron rose 3% and Intel was up 1.4% in early trading on the news, first reported by Reuters. "The United States is committed to be transparent about our export control enforcement strategy," she said. "To show you how real this is, the first meeting of that new information exchange is tomorrow in Beijing.

Persons: Gina Raimondo, China Nick Burns, Andy Wong, Wang Wentao, Raimondo, Biden, Export Enforcement Matthew Axelrod, We're, David Shepardson, Susan Heavey, Andrew Cawthorne, Mike Harrison Organizations: . Commerce, . Industry, Government, U.S, REUTERS Acquire, Rights, Intel, Micron, Chinese Commerce, Commerce Department, Micron Technology, Reuters, U.S . Commerce Department, Export Enforcement, Ministry of Commerce, Commerce, United, Chinese National Bureau of Statistics, Thomson Locations: China, Beijing, Rights BEIJING, Washington, U.S, United States

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