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☆ Alex Cooper signed a podcast deal for $125 million. She learned one of her top negotiating tips from her mom.
▼ + stars: | 2024-11-25 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

AdvertisementAlex Cooper, the host of "Call Her Daddy," signed a $125 million deal with SiriusXM in August. Alex Cooper, host of the hit podcast "Call Her Daddy," recently shared her tips on negotiation — one of which she learned from her mom. Cooper, who signed a $125 million deal with SiriusXM in August, said in an interview with Forbes on Friday that her top tip for negotiation is to practice the conversation. The deal allows SiriusXM to oversee the advertising and distribution of her "Call Her Daddy" podcast from 2025. AdvertisementThe art of negotiationNegotiating is a critical skill to master, whether to seal a business deal or secure a job offer.

Persons: Alex Cooper, Cooper, Lizzie Widhelm, I'm, Zs, what's, SiriusXM, Alix Earle, Harry Jowsey, Joe Rogan, Miley Cyrus, Hailey Bieber, Kamala Harris, Scott Greenstein, Alex, Leigh Thompson, Chris Williams, you've Organizations: SiriusXM, Forbes, Spotify, BI, Kellogg School of Management, Northwestern University, Microsoft

☆ China's central bank keeps medium-term loan rate unchanged amid yuan weakness
▼ + stars: | 2024-11-25 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

A man walks past the People's Bank of China (PBOC) building on July 20, 2023 in Beijing, China. The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) worth of one-year loans to some financial institutions, according to the bank's official statement. Keeping the MLF rate intact allows for "greater policy maneuverability" given the change in U.S. administration, at a time when commercial banks' net-interest-margins have remained tight, Pang added. "A delayed reduction in the [MLF] lending rates" would also bolster the yuan against the stronger greenback, JLL's Pang added. Unlike the Fed's focus on a main interest rate, the PBOC uses a variety of rates to manage monetary policy.

Persons: Jiang Qiming, Donald Trump's, Bruce Pang, PBOC's, Pang, Wang Tao, Zhiwei Zhang, JLL's Pang, Gary Ng, PBOC, Pan Gongsheng Organizations: People's Bank of China, China News Service, Getty Images China, U.S, Research, UBS Investment Bank, Beijing Locations: Beijing, China, Greater China, JLL

☆ Matt Gaetz is now hinting that he plans to run to succeed Ron DeSantis as Florida's governor
▼ + stars: | 2024-11-25 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

AdvertisementMatt Gaetz withdrew from his attorney general bid on Thursday. But he's since hinted on X at a possible 2026 Florida governor run. Former Rep. Matt Gaetz's bid for attorney general may have been short-lived, but he appears to have his sights set on another big career move. In a Saturday tweet, Florida State Rep. Anthony Sabatini posted on X his prediction that Gaetz would be the next governor of Florida. After Gaetz withdrew, Trump wrote on Truth Social that he appreciated Gaetz's "efforts."

Persons: Matt Gaetz, Ron DeSantis, Matt Gaetz's, Anthony Sabatini, Gaetz, Sabatini, Donald Trump, Vance, Trump, Matt, DeSantis, Jeb Bush, I'm, Charlie Kirk, Ginger, George Santos Organizations: Gov, Florida State, DOJ, Gaetz, CNN, Trump, Administration, Elon, Trump ., 119th, Business Locations: Florida, Florida's

Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. A lack of knowledge about methanol poisoning, from the public as well as the medical communities where outbreaks often occur, exacerbates the problem, according to the organization. Where incidents are the highestMost incidents of methanol poisoning occur in Asia, according to Doctors Without Borders. A website by Doctors Without Borders that monitors methanol poisoning says many foreign tourists have fallen victim to methanol poisoning after consuming incorrectly distilled "arak" in Bali, Lombok and Gili Islands. In September, several people were poisoned by methanol in Indonesia after consuming alcohol ordered off the internet, according to the website.

Persons: Colin Ahaern, it's Organizations: Doctors Locations: Vang Vieng, Laos, Australia, Denmark, United Kingdom, United States, New Zealand, Asia, arak, Bali, Lombok, Gili, Indonesia, Iran

☆ Gold will still be able to find support drivers, could hit $3,000 by end 2025: CBA
▼ + stars: | 2024-11-25 | 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 EmailGold will still be able to find support drivers, could hit $3,000 by end 2025: CBAVivek Dhar of CBA says that one of the key attributes behind gold's strong performance in 2024 was its ability to find support in "any environment", a trend that he expects to continue in the next year.

Persons: Vivek Dhar Organizations: CBA

☆ How to invest $500,000 for the year ahead, according to 2 wealth managers
▼ + stars: | 2024-11-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

As investors position their portfolios for 2025, wealth managers are advocating for a diversified approach with selective bets on undervalued sectors. CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio. Clark expects the growth in artificial intelligence to lead to another year of bumper returns. Investors with portfolios already geared toward a traditional 60/40 stock-bond portfolio mix can expect some, if limited, relief in the future, according to Clark. The Morningstar Wealth portfolio manager said investors could gain exposure to such companies through the Franklin FTSE South Korea ETF .

Persons: Ollie Clark, Mark Preskett, Clark, Donald Trump, Morningstar, Preskett, WH Ireland's Clark Organizations: CNBC, WH Ireland, Morningstar Wealth, Clark, Federal Reserve, Trump, South, SK Hynix, Samsung, Franklin FTSE, Metals Mining, HG Locations: U.S, South Korea, Franklin FTSE South Korea

☆ Dollar slips with bond yields on Treasury nomination
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +1 min

The dollar relinquished a little of its recent gains on Monday as the pick for U.S. Treasury secretary seemed to reassure the bond market and pulled yields lower, shaving some of the currency's rate advantage. Yields on 10-year Treasuries slipped to 4.351%, from 4.412% late Friday, as President-elect Donald Trump's choice of fund manager Scott Bessent was welcomed by the bond market as an old Wall Street hand and a fiscal conservative. However, Bessent has also been openly in favour of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting. The index was last down 0.5% at 106.950, having hit a two-year peak of 108.090 on Friday. The dollar dipped 0.4% on the Japanese yen to 154.11, and further away from its recent peak of 156.76.

Persons: Treasuries, Donald Trump's, Scott Bessent, Bessent, Ray Attrill Organizations: U.S, Treasury, NAB

☆ Asia markets set to open higher as Aussie stocks hit record high; India GDP and Korea rates in focus
▼ + stars: | 2024-11-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Anadolu Agency | Anadolu Agency | Getty ImagesAsia-Pacific markets were set to mostly climb Monday, with investors awaiting Korean central bank's rate decision and India' third-quarter GDP numbers this week. Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Other economic data this week include October inflation readings from Australia, due Wednesday, and November inflation numbers from Japan's capital city of Tokyo on Friday. Tokyo's inflation figures are widely considered a leading indicator of nationwide trends.

Organizations: Skyline, Anadolu Agency, Getty, Reuters, Nikkei Locations: Sydney, Australia, Asia, Pacific, India, Singapore, Tokyo, Chicago, Osaka

☆ Vilnius: Cargo plane crashes near Vilnius airport
▼ + stars: | 2024-11-25 | by ( Helen Regan | Edward Szekeres | ) edition.cnn.com time to read: 1 min

CNN —A cargo plane flying from Leipzig, Germany crashed outside Vilnius Airport in Lithuania, an airport spokesperson confirmed to CNN Monday. “The city’s special services are working at the scene and leading the rescue efforts, as well as crews from the Vilnius Airport Fire Service,” the airport spokesperson said. The spokesperson said due to “ongoing rescue work near Vilnius Airport,” departures for several aircraft have been delayed. “All scheduled aircrafts are currently taking off from Vilnius Airport,” the spokesperson said. Reuters reported that the cargo plane that crashed was a DHL aircraft.

Organizations: CNN, Fire Service, Vilnius Airport, Reuters, DHL Locations: Leipzig, Germany, Vilnius Airport, Lithuania, Vilnius, Zirniu

☆ Laos methanol poisonings: Father of Australian teen who died urges government ‘to protect others’ from tainted alcohol
▼ + stars: | 2024-11-25 | by ( Helen Regan | ) edition.cnn.com time to read: +8 min

CNN —The father of an Australian teenager who died from methanol poisoning while on a backpacking holiday has issued a plea to the Laos government to fully investigate his daughter’s death and ensure such incidents don’t happen again. Bianca Jones, 19, was one of six foreign tourists who died in a suspected mass methanol poisoning in Vang Vieng, a popular backpacker destination in northern Laos. Bianca Jones was enjoying a backpacking trip to Laos with her friend when they became severely ill after a night out in Vang Vieng. Foreign tourists float on tubes in a river in Vang Vieng, Laos, on November 19, 2024. Anupam Nath/APA major part of that much-needed revenue comes from towns like Vang Vieng.

Persons: Bianca Jones, –, Mark Jones, Bianca’s, “, …, ”, Bianca Jones ’, Holly Bowles, ” Jones, ” “, “ We’ll, Simone White, Anne, Sofie Orkild Coyman, Frela Vennervald Sorensen, James Louis Hutson, Colin Ahearn, ” Ahearn, Anupam Nath Organizations: CNN, Nine, Nine News, Lao News Agency, Vientiane Times, Laos Police Immigration Department, Associated Press, Police, Tourism, UNESCO, Initiative, China Railway Locations: Laos, Vang Vieng, British, American, Thailand, Vientiane, Vang Vieng District, Vientiane Times, Vang Vieng’s, Backpacker, Asia, Bali, ”, Southeast Asia, Vang, Luang Prabang, South Korea, China, Kunming, –

☆ Want to buy the dip in renewables? Morgan Stanley names 2 top picks with 60% upside
▼ + stars: | 2024-11-25 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

The sustainability theme faces an uncertain future under President-elect Donald Trump, but Morgan Stanley has named a number stocks with major upside. Here are two of Morgan Stanley's top stocks with over 60% upside potential: EDP Renovaveis The investment bank is bullish on EDP Renovaveis and has a target price of 18 euros ($18.68), giving it nearly 66% upside potential. RWE Also on Morgan Stanley's list is German electric utility company RWE , which it describes as a "global leader in renewables." The bank's analyst Rob Pulleyn sees RWE as "oversold on a combination of falling power prices earlier in 2024 and fears around renewables value creation." Morgan Stanley has a target price of 50 euros ($169.50) on the Frankfurt-listed stock, giving it almost 60% potential upside.

Persons: Donald Trump, Morgan Stanley, Morgan, Arthur Sitbon, Sitbon, Rob Pulleyn, — CNBC's Michael Bloom Organizations: Big Tech, Frankfurt Stock Exchange Locations: U.S, Europe, Lisbon, Portugal, Frankfurt

☆ Nvidia CEO Jensen Huang says we're still several years away from getting an AI we can 'largely trust'
▼ + stars: | 2024-11-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

AdvertisementNvidia CEO Jensen Huang said in a recent interview that today's AI doesn't provide the best answers. "We have to get to a point where the answer that you get, you largely trust," he said. The CEO said we're still "several years away" and that companies will need more computational power. Nvidia CEO Jensen Huang said today's artificial intelligence doesn't provide the best answers and that the world is still "several years away" from an AI we can "largely trust." During the Saturday interview, Huang said that pre-training or training a model on a large, diverse dataset before it's developed to perform a certain task will not be enough.

Persons: Jensen Huang, we're, Huang, ChatGPT, OpenAI Organizations: Nvidia, Hong Kong University of Science & Technology

☆ UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
▼ + stars: | 2024-11-25 | by ( Matt Clinch | ) www.cnbc.com time to read: 1 min

Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank . UniCredit said in a statement early Monday that it is offering 6.657 euros for each share — a slight premium on Friday's close price of 6.644 euros. UniCredit said the purchase, which would be an all-stock deal, would allow the bank to "further strengthen its role as a leading pan-European banking group." Monday's news follows a flurry of merger and acquisition announcements in the European banking sector this year. The industry has been considered ripe for consolidation for years, with cash-rich UniCredit often cited as a possible acquirer.

Persons: UniCredit Organizations: Banco

☆ Marc Benioff thinks we've reached the 'upper limits' of LLMs — the future, he says, is AI agents
▼ + stars: | 2024-11-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementTech titan Marc Benioff says we're near the "upper limits" of LLM use in AI advancement. In a podcast, the Salesforce CEO said the future of AI lies in agents that work autonomously. Maybe we'll be there one day," Benioff said, referencing the 1984 film about a cyborg assassin. "I actually think we're hitting the upper limits of the LLMs right now," Benioff said. Salesforce offers prebuilt and customizable AI agents for clients seeking to automate customer service tasks.

Persons: Marc Benioff, Benioff, —, Jensen Huang, we'll, Arnold Schwarzenegger, Matthew Broderick, Salesforce Organizations: Bloomberg, Nvidia, Business Locations: LLMs

☆ Opinion | Don’t Let Donald Trump Drive You Into Internal Exile
▼ + stars: | 2024-11-25 | by ( Miriam Elder | ) www.nytimes.com time to read: +2 min

For months leading up to that moment, tens of thousands of Russians protested as Mr. Putin prepared to return to the Kremlin following four years in a shadow role as prime minister. The day before Mr. Putin was inaugurated in May, the police violently cracked down on a mass protest. When Mr. Putin drove through a Moscow cleared of any signs of life, and through the Kremlin gates, the protest movement was effectively dead. As this fact settled in, opposition-minded Russians flooded social media, recalling just how young they were when Mr. Putin first headed the state more than 12 years prior — some remembered their college days, others elementary school. The United States is not Russia, and Mr. Trump is not Mr. Putin.

Persons: Donald Trump’s, Vladimir Putin’s, Putin, Trump Organizations: Mr Locations: Moscow, United States, Russia

☆ Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
▼ + stars: | 2024-11-25 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Digital render of NEOM's The Line project in Saudi Arabia The Line, NEOMIn Saudi Arabia's northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled by a recently-built road. The changes come as the Saudi deficit grows and the outlook for oil demand, along with global oil prices, sees sustained lows. Construction for The Line project in Saudi Arabia's NEOM, October 2024 Giles Pendleton, The Line at NEOMThat begs the question: does Saudi Arabia have enough money to meet its lofty goals? Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns." Saudi Arabia has an A/A-1 credit rating with a positive outlook from S&P Global Ratings and an A+ rating with a stable outlook from Fitch.

Persons: Prince Mohammed bin Salman, Saudi Arabia's NEOM, Giles Pendleton, Andrew Leber, Leber, Mohammed Al, Jadaan Organizations: Saudi, Public Investment Fund, CNBC, Tulane University, Saudi Finance, Fitch, —, P Global, Al Locations: Saudi Arabia, NEOM, Saudi, Neom, Saudi Arabia's, Riyadh

☆ Pipeline operator ONEOK to buy remaining shares of EnLink in $4.3 bln deal
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +1 min

The Oneok website on a laptop computer arranged in Brooklyn, New York, on Tuesday, May 16, 2023. Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream , for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation in the U.S. energy sector. In August, ONEOK acquired a 43% controlling interest in Enlink, which has a solid presence in the Permian basin, from Global Infrastructure Partners for about $3.3 billion in cash. ONEOK said it will offer 0.1412 shares of its common stock for each EnLink unit. Earlier in the month, another pipeline operator DT Midstream agreed to acquire three natural gas transmission pipelines from ONEOK for $1.2 billion in cash, to boost its presence in the Midwest market.

Persons: ONEOK, EnLink Organizations: Global Infrastructure Partners Locations: Brooklyn , New York, U.S, Enlink, ONEOK, Midwest

☆ Ninja Van Group CEO discusses opportunities in cold chain logistics
▼ + stars: | 2024-11-25 | 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 EmailNinja Van Group CEO discusses opportunities in cold chain logisticsLai Chang Wen, co-founder and CEO of Ninja Van Group, discusses the company's shift into cold chain and business-to-business logistics.

Persons: Lai Chang Wen Organizations: Ninja, Group

☆ In the near-term, Bitcoin will not see the volatility of the past years: Fred Thiel
▼ + stars: | 2024-11-25 | 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 EmailIn the near-term, Bitcoin will not see the volatility of the past years: Fred ThielFred Thiel of Mara says that the days of Bitcoin experiencing "20 to 30% drawdowns" after hitting peaks are gone due to strong institutional demand, and that for the foreseeable future, the price should trend upwards.

Persons: Fred Thiel Fred Thiel, Mara

☆ CLSA strategist says he expects Bank of Japan to hike rates in December and twice more in 2025
▼ + stars: | 2024-11-25 | 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 EmailCLSA strategist says he expects Bank of Japan to hike rates in December and twice more in 2025Nicholas Smith, Japan strategist at CLSA, says Bank of Japan rate hikes would benefit households, corporates and the finance sector.

Persons: Nicholas Smith Organizations: Bank of Japan, Bank, Japan Locations: Japan

☆ There isn't a convincing setup to increase exposure to Asia markets now, says Lombard Odier
▼ + stars: | 2024-11-25 | 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 EmailThere isn't a convincing setup to increase exposure to Asia markets now, says Lombard OdierHomin Lee of Lombard Odier says that based on what Trump has promised on the campaign trail, the outlook for Asian markets is negative, but investors should be patient to see what actually comes to pass before making any tactical allocations in their portfolios.

Persons: Lombard, Homin Lee, Lombard Odier, Trump Locations: Asia

☆ UBS sees 4 Fed rate cuts to come and advises slashing exposure to European markets
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS sees 4 Fed rate cuts to come and advises slashing exposure to European marketsKelvin Tay of UBS Global Wealth Management discusses rate cuts trajectory and the knock on effects on European markets.

Persons: Kelvin Tay Organizations: UBS, UBS Global Wealth Management

☆ European stocks set to start the week higher as global markets rally
▼ + stars: | 2024-11-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are expected to open higher Monday as global market sentiment rises. Global market sentiment has been boosted by President-Elect Donald Trump signaling his intention to nominate Key Square Group founder Scott Bessent as U.S. Treasury secretary. U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Markets are closed on Thursday for Thanksgiving Day and end early on Friday. Meanwhile, Asia-Pacific markets mostly rose Monday, with investors awaiting a slew of economic data this week, including China industrial data and India's third-quarter gross domestic product numbers.

Persons: Germany's DAX, Donald Trump, Scott Bessent, Trump, Bessent Organizations: France's CAC, IG, President, Key Square, Treasury, Investors Locations: Germany, U.S, Asia, Pacific, China

☆ Indian regulator rejects Apple request to put antitrust report on hold
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +2 min

India's antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing the case to continue, an internal order from the regulator seen by Reuters showed. The CCI internal order showed that Apple alleged in November that the main complainant in the antitrust investigation—the Indian non-profit Together We Fight Society (TWFS)—had not complied with the directives to give an assurance that the old investigation reports had been destroyed. Apple asked the CCI "to take action against TWFS for non-compliance with its order" and "to withhold the revised" report, the CCI order, dated Nov. 13, seen by Reuters showed. "Apple's request to hold the investigation report in abeyance was deemed untenable," the CCI said in the order. The CCI's senior officials will review the investigation report and make a final ruling on the case.

Persons: Apple, —, TWFS Organizations: Apple, Reuters, of India, Society Locations: Mumbai, India

☆ Trump's deregulation will not affect inflation, says Professor of Economics
▼ + stars: | 2024-11-25 | 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 EmailTrump's deregulation will not affect inflation, says Professor of EconomicsSteve Hanke, Professor of Applied Economics at John Hopkins University argues that Trump's policies are not inflationary and expects U.S. inflation to drop below 2% next year.

Persons: Steve Hanke Organizations: Economics, John Hopkins University

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