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NAIROBI, Kenya (AP) — King Charles III has expressed “greatest sorrow and the deepest regret” for the “abhorrent and unjustifiable acts of violence” committed against Kenyans as they sought independence, during a speech on his first day of a four-day visit. The king and Queen Camilla touched down in the capital, Nairobi, late Monday. Another group of protesters briefly chanted anti-British songs and threw roses at the foot of a monument to Mau Mau veteran Dedan Kimathi in Nairobi's central business district on Tuesday. “Just because the king is in Kenya, police have denied us our constitutional right to protest peacefully,” Juliet Wanjira, one of the organizers, said. During his visit, Britain announced 4.5 million pounds ($5.5 million) in new funding to support education reforms in Kenya.

Persons: — King Charles III, ”, explicity, Charles, William Ruto, Ruto, ” Ruto, Buckingham, Kenya's, that's, Charles ’, Queen Elizabeth II, Queen Camilla, Koigi Wamwere, ” Salim David Nganga, Joel Kimutai Kimetto, “, Kelvin Kubai, Dedan Kimathi, ” Juliet Wanjira, Wanjira Mathai, Wangari Maathai, Prince Philip Organizations: Kenyans, Kenyan, AP, British, Britain, Commonwealth, Aberdare National Locations: NAIROBI, Kenya, Britain, Commonwealth, East, Nairobi, Mau Mau, Nairobi's, Africa, South Africa

☆ FDA panel says Vertex/CRISPR to assess safety risks of gene therapy in follow-up study
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston, Massachusetts, U.S., October 23, 2019. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 31 (Reuters) - A panel of advisers to the U.S. health regulator said on Tuesday Vertex Pharmaceuticals (VRTX.O) and CRISPR Therapeutics (CRSP.BN) could assess potential safety risks of their sickle cell disease gene therapy after approval. If the therapy is approved, Vertex has proposed a 15-year follow up of patients to evaluate the safety outcomes of the therapy. Patients who were treated with the therapy were free from severe vaso-occlusive crisis for 12 months from the infusion of exa-cel. "It was made pretty clear that any theoretical off-target editing concerns do not outweigh the benefits of drug approval," said Salim Syed, analyst at Mizuho.

Persons: Brian Snyder, Scot Wolfe, Salim Syed, Sriparna Roy, Krishna Chandra Organizations: Vertex Pharmaceuticals, REUTERS, CRISPR Therapeutics, Staff, U.S . Food, Drug Administration, UMass Chan Medical, Analysts, FDA, Mizuho, Thomson Locations: Boston , Massachusetts, U.S, Bengaluru

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ Palestinians in fear as Israel retaliates against Hamas
▼ + stars: | 2023-10-08 | by ( Ibrahim Dahman | ) edition.cnn.com time to read: +5 min

Gaza CNN —When the Palestinian militant group Hamas launched an attack on Israel Saturday morning, Palestinians living in the besieged strip had mixed feelings. Ibrahim Dahman/CNNThose who venture out do so only to complete essential errands, or to look for their missing in the carnage of Israeli strikes. Following Hamas’ incursion, Palestinians were also barred from leaving Gaza through Erez crossing, which has become the site of a battle between Hamas and Israeli forces. ‘Panic and fear’The Gaza Strip has been almost completely cut off from the rest of the world for nearly 17 years. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: Benjamin Netanyahu, ”, Ron Dermer, CNN’s Dana Bash, Daniel Hagari, Israel, Ibrahim Dahman, Salim Hussein, Hussein, Netanyahu, Richard Hecht, ” Gazans, Hagari, Hani El, Bawab, “ Organizations: Gaza CNN, Hamas, Israel, Strategic, Israel Defense Forces, Palestinian Ministry of Health, CNN, Sunday, Human Rights Watch, Islamic Locations: Gaza, Palestinian, Israel, Sunday, Erez, Egypt

☆ Tunisian heatwave hits wine output
▼ + stars: | 2023-09-07 | by ( Jihed Abidellaoui | ) www.reuters.com time to read: +2 min

Estimates of how far wine output has fallen vary, from a roughly 20% drop according to the Agriculture Ministry's Kilani Belhaj, to a reduction of 40-50% according to Vineyard Producers' Syndicate head Salim Chaouch. Winemakers in France and elsewhere in southern Europe have also warned of lower wine output this year due to the heat. "Climate change has impacted both the quantity and quality of production, with a broad effect on the sector. In ancient times Tunisia was a major wine producer under the Carthaginian and Roman empires and commercial-scale output began again under French colonialism, though it has not become a significant exporter. The grapes are picked early in the morning and driven to a modern processing facility at Takelsa in central Tunisia to be turned into wine.

Persons: Kilani, Salim Chaouch, Farmer Wajdi Graya, Hammadi Brik, Latifa Guesmi, Angus McDowall, Alexandra Hudson Organizations: Agriculture, Vineyard Producers, Syndicate, Alexandra Hudson Our, Thomson Locations: TUNIS, North Africa, France, Europe, Tunisia, Bon, Takelsa, Coteaux

☆ BlackRock keeps pumping the brakes on a new fund amid state-level ESG criticism
▼ + stars: | 2023-08-24 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Last fall, BlackRock filed to launch an ESG municipal bond exchange-traded fund. It is in essence an ESG version of its major $32 billion municipal bond fund. The delay for the world's largest ETF provider has puzzled some in the industry. This year Goldman Sachs launched its first municipal bond ETF, which takes into account social and environmental factors. BlackRock's ESG municipal bond ETF has another wrinkle.

Persons: Larry Fink, Wesley Gray, Matthew Tuttle, they've, Goldman Sachs, Fink, Salim Ramji, Tony Kelly Organizations: BlackRock, Securities and Exchange Commission, SEC, HIP Muni Bond ETF, Alpha, Republican, Tuttle Capital Management, Goldman, HIP Investor, HIP Locations: York, Arizona , Texas, South Carolina, BlackRock, Connecticut

☆ The unlikely love affair between Australia and Bollywood
▼ + stars: | 2023-08-19 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

CNN —It is the kind of unlikely love story that would make the scriptwriters of Asia’s biggest movie business proud. Film & Casting TempleHarman Baweja starred alongside Priyanka Chopra in “Love Story 2050,” shot in South Australia and released in 2008. “Australia realized that after ‘servicing’ Bollywood for over 13 years it was time to shift gears and move to collaboration with Indian cinema,” said Sharma. Salim MerchantChanging global appetiteOf no little importance is the growing audience for Bollywood productions in Australia. Anupam Sharma films for Australia's first ethnic reality show, "Bollywood Star," on SBS TV by WTFN.

Persons: Anthony Albanese, Narendra Modi, Tony Burke, “, ”, Anupam Sharma, Sharma, Feroz Khan –, “ Bollywood’s Clint Eastwood ” –, I’m, ’, “ Prem Aggan, Khan, Harman Baweja, Priyanka Chopra, Mike Rann, Baweja, Harry Baweja, Ajay Devgan, ” Sharma, Garth Davis, Dev Patel, Nicole Kidman, David Wenham, Weinstein, ” Brothers Salim, Sulaiman Merchant, “ UnIndian, Salim Merchant, Salim, Sulaiman, Mitu Bhowmick Lange, Bhowmick Lange “, ” Bhowmick Lange, Bhowmick Lange, La Trobe, Anupam, “ Everyone’s Organizations: CNN, Asia’s, Australian, Indian Film, of Melbourne, Sydney Opera House, Baweja Studios, “, Mumbai, –, ”, Co, “ Salaam, La Trobe University, La, SBS, WTFN Locations: Australia, Delhi, Brisbane, Sydney, Australian, Melbourne, India, Lake Gairdner, South Australia, Western Australia, “ Australia, ” Australia, Canada, China, Mumbai, Victoria, China Town

InvestingThe market’s best guess at the real, after-inflation, cost of money is back within the range of what once counted as normal. America has put the era of low rates behind it. Can it cope?

Locations: America

REUTERS/Rupam Jain/File PhotoGURUGRAM, India, Aug 10 (Reuters) - Over 3,000 poor Muslims have fled a business hub outside New Delhi this month, fearing for their lives after Hindu-Muslim clashes and sporadic attacks targeting them, residents, police and a community group said. The Gurugram president of Jamiat-Ulema-e-Hind (Council of Indian Muslim Theologians) Mufti Mohammed Salim estimated that more than 3,000 Muslims had left the district after the violence. "Many Muslims decided it's best to leave for a while," said Sheikh, adding that some Hindu owners of shops rented out to Muslims wanted them to vacate. "No one is asking them to leave and we are providing full security in all communally sensitive areas," he told Reuters. Reporting by Rupam Jain and Sakshi Dayal; Editing by YP Rajesh and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Rupam, Raufullah Javed, Mufti Mohammed Salim, Shahid Sheikh, it's, Narendra Modi's, Ernst &, Anil Vij, Rupam Jain, Sakshi Dayal, YP Rajesh, Angus MacSwan Organizations: REUTERS, Reuters, Bharatiya Janata Party, BJP, Police, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, YP, Thomson Locations: Gurugram, New Delhi, India, Nuh, Haryana, Bihar, Tigra, India's, Gurgaon

☆ Lebanon's central bank to phase out Sayrafa exchange platform
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +2 min

Beirut, July 17 (Reuters) - Lebanon’s central bank will decommission the controversial exchange platform known as Sayrafa after governor Riad Salameh’s 30-year tenure ends this month, one of the institution’s vice governors told Reuters on Monday. "It's about the way Sayrafa will be phased out," he said. The exchange platform was set up in May 2021, 18 months into Lebanon's economic meltdown. Chahine said the platform would be replaced by an "exchange rate determination electronic platform" set up through international providers. The World Bank described it as one of the "weak, and often counterproductive, policies implemented by the Lebanese authorities since the outbreak of the crisis."

Persons: Riad Salameh’s, Salim Chahine, Sayrafa, Chahine, Maya Gebeily, Josie Kao Organizations: Reuters, International Monetary Fund, Bloomberg, World Bank, Thomson Locations: Beirut, Sayrafa's

☆ Companies need to be looking at A.I. as massively disruptive idea, says XPRIZE's Peter Diamandis
▼ + stars: | 2023-06-05 | 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 EmailCompanies need to be looking at A.I. as massively disruptive idea, says XPRIZE's Peter DiamandisPeter Diamandis, executive chairman of the XPRIZE Foundation, and Salim Ismail, founding executive director of Singularity University, joins 'The Exchange' to discuss effective competition in the A.I. space, their latest book 'Exponential Organizations 2.0, and how companies need to be creative about introducing A.I. developments.

Persons: XPRIZE's Peter Diamandis Peter Diamandis, Salim Ismail Organizations: Companies, XPRIZE Foundation, Singularity University

☆ BlackRock CEO Fink trains successors, with no imminent plan to retire -WSJ
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +1 min

May 13 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall Street Journal reported on Saturday. Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together. BlackRock said it plans no major changes to the way it engages with companies. Reporting by Baranjot Kaur in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ BlackRock org chart: The 150 most powerful people under CEO Larry Fink as succession planning looms
▼ + stars: | 2023-05-12 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

Insider built an org chart showing the most senior executives under BlackRock CEO Larry Fink. To provide a window into the current power structure, Insider has mapped out the roughly 150 most senior BlackRock executives. This week, the firm overhauled its alternative-investments business and made changes to the makeup of its Aladdin business, two core BlackRock offerings. "We are spending a great deal of time at BlackRock getting the firm ready for when the founders are retiring. Investment stewardship head Joud Abdel Majeid and Willie Alford, Fink's new chief of staff, are among the executives who report to Fink.

☆ BlackRock is wrestling with who could succeed Larry Fink. Here's who's now in the running.
▼ + stars: | 2023-05-12 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

Investment giant BlackRock has been planning for CEO Larry Fink's succession for years. Leadership has discussed BlackRock cofounder Susan Wagner as someone who could succeed Fink if the board does not have a clear candidate. For years, BlackRock has been planning for Chief Executive Larry Fink's succession, a torch-passing the industry has long speculated over. BlackRock has become shorthand for the intense backlash from primarily Republican lawmakers over sustainable investment strategies that Fink has championed as CEO. Goldstein, 49, is a BlackRock lifer and has been chief operating officer for nearly a decade.

However, a number of countries have recently begun lifting their domestic states of emergency, such as the United States. WHO Director-General Dr Tedros Adhanom Ghebreyesus has said he hopes to end the international emergency this year. One source close to negotiations said lifting the "public health emergency of international concern", or PHEIC, label could impact global funding or collaboration efforts. "I expect WHO to end the public health emergency of international concern. If WHO does not end it... [this time], then certainly the next time the emergency committee meets."

☆ ‘Polite Society’ Review: Pride and Plenty of Fists
▼ + stars: | 2023-04-27 | by ( Amy Nicholson | ) www.nytimes.com time to read: +2 min

“Polite Society,” a rollicking genre mash-up, is set in an enclave of well-to-do Muslim Londoners who play along with the comedy’s title until they get cranky. Then come the punches and neck chops, the bruises and broken glass, the ludicrous wire-fu that allows a matron in a brocade lehenga to fly through the air. Stubborn and snotty, Ria is so hellbent on breaking up the betrothal that she’s willing to spy and lie, claw and kick. She gets as good as she gives, ending more than one scene in a bloody, heaving heap. At the same time, the audience can appreciate what Ria is too childish to see: Lena’s joy that the neighborhood screw-up has landed its most eligible bachelor.

☆ Kenyan cult leader told followers to starve themselves ahead of world's end, sources say
▼ + stars: | 2023-04-26 | by ( Duncan Miriri | ) www.reuters.com time to read: +4 min

The deaths amount to one of the worst cult-related tragedies in recent history and the toll is expected to rise further, with the Kenyan Red Cross saying more than 300 people have been reported as missing. Cult leader Paul Mackenzie has been in police custody since April 14, held alongside 14 other cult members. At the morgue at Malindi hospital, dozens of people were seeking news of relatives they feared were among the dead. The Red Cross has donated a refrigerated container on a truck to help preserve some of the corpses as the morgue is now too full. Two emaciated women were found alive early on Wednesday and were being evacuated to Malindi's hospital, according to Red Cross staff in Malindi.

☆ ‘Guy Ritchie’s The Covenant’ Review: Action in Afghanistan
▼ + stars: | 2023-04-21 | by ( Kyle Smith | ) www.wsj.com time to read: +1 min

Dar Salim and Jake Gyllenhaal Photo: Metro Goldwyn Mayer PicturesThe possessive title is an odd choice for “ Guy Ritchie ’s The Covenant.” Mr. Ritchie made a name for himself in his native Britain directing kinetic and funny gangster comedies infused with hip comic dialogue and an ironic streak, notably “Lock, Stock and Two Smoking Barrels” and “Snatch,” then carried that spirit with him to Hollywood in such efforts as the two Sherlock Holmes movies starring Robert Downey Jr. Yet his latest offering, an Afghanistan war yarn, is such a straightforward action drama that it could have been made by Clint Eastwood . Only the jokey homoerotic banter stamps it as typical of Mr. Ritchie’s work. Jake Gyllenhaal stars as John Kinley, a supremely competent master sergeant in 2018 Afghanistan tasked with finding and destroying Taliban bomb factories dotted around the country. He goes on a mission with a new local interpreter he doesn’t fully trust, Ahmed (Dar Salim), who despises the Taliban for killing his son and is further tempted by the prospect of earning a special visa to immigrate to the U.S. in exchange for satisfactory service.

☆ BlackRock's iShares flows top Vanguard's ETFs, fixed income on the up
▼ + stars: | 2023-01-11 | by ( Davide Barbuscia | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 11 (Reuters) - BlackRock's iShares exchange traded funds (ETFs) gained more net flows than Vanguard's ETFs last year, according to estimates from industry tracker Morningstar, putting the world's biggest asset manager in the lead for the first time since 2019. Despite the yearly declines, net flows into ETFs, both globally and in the United States, were the second-highest ever last year, with BlackRock's iShares regaining the top position. Estimated net flows into BlackRock's global iShares ETFs amounted to about $220 billion last year against nearly $214 billion in estimated net flows into Vanguard's ETFs, according to Morningstar data. Net flows into Vanguard's ETFs had been higher in the prior two years. "For many investors, ETFs remained the vehicle of choice for low-cost, broadly diversified exposure to the stock and bond markets."

☆ Eli Lilly has spent years and billions of dollars in search of an effective Alzheimer's drug. But success is not all or nothing for the stock
▼ + stars: | 2023-01-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +22 min

Eli Lilly (LLY) has spent decades researching Alzheimer's disease without successfully bringing to market a treatment that slows the memory-destroying condition. For Eli Lilly as a company, an Alzheimer's drug is an important pursuit. Lilly's Alzheimer's history Eli Lilly's "first real foray" into Alzheimer's came in the 1990s, according to Dr. John Sims, Eli Lilly's head of medical development for donanemab. Financial implications for Lilly LLY mountain 2021-10-08 The Club started a new position in Eli Lilly (LLY) in October 2021. The Eli Lilly logo is shown on one of the company's offices in San Diego, California, September 17, 2020.

CNN —The body of Lemekani Nathan Nyirenda, a fighter recruited by the mercenary group Wagner for combat operations in Ukraine, was returned to Zambia on Sunday. The body was received by Nyirenda’s family and foreign ministry officials, the ministry stated in a series of tweets Sunday. A relative of Lemekani Nyirenda, who died in the conflict in Ukraine in September, is consoled as his coffin arrives at the Kenneth Kaunda International Airport in Lusaka on Sunday. A hearse carrying the remains of Lemekani Nathan Nyirenda at Lusaka's Kenneth Kaunda International Airport. Salim Dawood/AFP/Getty ImagesFlorence Nyirenda, Lemekani Nyirenda's mother, is comforted by family members at the airport in Lusaka, on December 11.

☆ Horizon Therapeutics' acquisition makes a "good strategic and financial sense" for Amgen, says Mizuho's Salim Syed
▼ + stars: | 2022-12-12 | 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 EmailHorizon Therapeutics' acquisition makes a "good strategic and financial sense" for Amgen, says Mizuho's Salim SyedSalim Syed, Mizuho senior biotech analyst, joins 'Squawk on the Street' to discuss biotech M&A in general, the Amgen Horizon Therapeutics acquisition, and the balance sheet concerns associated with Amgen.

☆ Watch CNBC's full interview with Mizuho's Salim Syed
▼ + stars: | 2022-12-12 | 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 EmailWatch CNBC's full interview with Mizuho's Salim SyedSalim Syed, Mizuho senior biotech analyst, joins 'Squawk on the Street' to discuss biotech M&A in general, the Amgen Horizon Therapeutics acquisition, and the balance sheet concerns associated with Amgen.

Nov 21 (Reuters) - Investors are increasingly eyeing U.S. corporate credit offering attractive valuations and yields after steep declines in 2022, fund managers told the Reuters Global Markets Forum (GMF). "We are at the beginning of a rotation as investors come back into credit. iShares iBoxx Investment Grade Corporate Bond ETF (LQD.P) and iShares High Yield Corporate Bond ETF (HYG.P) are on track for quarterly gains of more than 3% in the fourth quarter after falling 20% and 14% respectively this year. "If we're at this turning point then the entry level you get by buying investment-grade credit in the (United) States looks really attractive." The jump in bond yields, which move inversely to prices, has also made corporate credit more attractive to investors looking for income after years of low interest rates, Ramji said.

☆ Chip stocks hammered in Asia, dollar firms on hawkish Fed
▼ + stars: | 2022-11-17 | by ( Kevin Buckland | Yousef Saba | ) www.reuters.com time to read: +4 min

TOKYO, Nov 17 (Reuters) - Chip stocks took a beating on Thursday, sending most Asian share indexes lower, after grim signals from Micron Technology overnight about excess inventories and sluggish demand. Meanwhile, the U.S. dollar rebounded after stronger-than-expected U.S. retail sales suggested the Federal Reserve was unlikely to ease up in its battle with inflation. Hong Kong's Hang Seng Index (.HSI) tumbled 2.1%, with its tech stocks (.HSTECH) slipping more than 4%. Japan's Nikkei (.N225) lost 0.3% and South Korea's Kospi (.KS11) dropped 1.1%, each led by declines in heavyweight chip players. The U.S. dollar index - which measures the currency against six major counterparts - added 0.13% to 106.41, stabilizing after a slide as low as 105.30 on Tuesday following the release of producer price inflation numbers.

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