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☆ Indian international students in the US outnumber Chinese for the first time in 15 years
▼ + stars: | 2024-11-20 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

A changing ChinaIt was a different world in the late 2000s and early 2010s, when Chinese students first began surging overseas. In 2020, the US revoked visas for more than 1,000 Chinese students and researchers deemed security risks. In January this year, Chinese foreign ministry spokesperson Wang Wenbin said in a briefing that “dozens of Chinese nationals, including international students, have been forcibly deported by the US each month.” He decried it as “discriminatory,” urging the US to protect the rights of Chinese students abroad. The Covid yearsThe number of Chinese students in the US plunged during the pandemic and hasn’t rebounded since. “Since the economic sanctions and tech restrictions started in 2018, many (Chinese) students have been sent back home,” one user wrote on Weibo.

Persons: “, ”, Mallie Prytherch, ‘, ’, Donald Trump’s, ” Prytherch, Trump, Prytherch, Joe Biden, Wang Wenbin, Li Jing, hasn’t, Mirka Martel, Steven Hon, didn’t, Hon, Marianne Craven, they’ve Organizations: Hong Kong CNN, Education consultancies, State Department, of International Education, University of Hong Kong’s, Contemporary, Beijing, World Trade Organization, Games, America, Fulbright, Trump, Tsinghua University, CNN, Institute of International Education, Education, –, Ivy League Locations: Hong Kong, United States, China, India, America, Contemporary China, “, Beijing, cybersecurity, Macau, Weibo, Canada, Australia, American

☆ I quit my six-figure corporate job to work on a vineyard for less than $500 a month. I have no regrets.
▼ + stars: | 2024-11-19 | by ( ) www.businessinsider.com time to read: +6 min

Armed with shears and headlamps to guide us, we filed into the vineyard rows like soldiers, performing the synchronized ritual that has existed for centuries: picking grapes for wine harvest. AdvertisementI instantly answered: "I want to work a wine harvest in Europe." I spent hours firing off emails, asking if they had any open positions on their harvest team. I worried about running out of money and blowing through the savings I'd spent years growing. It was all underpinned by one fear: Is this worth upending the life I'd built?

Persons: wouldn't, I'd, Gruner, I've, I'm Organizations: Australia Locations: Austria, Burgenland, Coast of California, Europe, Slovenia, England, Australia, Austrian

☆ I thought I preferred texting to phone calls. While in a long-distance relationship, I realized how much I missed talking on the phone with friends.
▼ + stars: | 2024-11-19 | by ( Hannah Wilkinson | ) www.businessinsider.com time to read: +5 min

AdvertisementMy partner and I started dating while we were long-distance and communicated through phone calls. I realized that I missed talking to my friends this way, and started calling them more often. He preferred talking on the phone over texting, and over time I grew to prefer it, too. AdvertisementWe built our relationship through phone calls, and despite now living together full-time, it's still our preferred way to communicate when we're apart. But interestingly, 45% of men prefer phone calls, compared to only 29% of women.

Persons: There's, it's, I'd, I've, It's Locations: London, Australia, Greece

☆ European tech funding declines for third consecutive year — but the sector is finally stabilizing
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.

Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States

☆ LGBTQ Afghans say they face abuse in detention as Taliban crackdown intensifies
▼ + stars: | 2024-11-19 | by ( Billy Stockwell | ) edition.cnn.com time to read: +14 min

“He grabbed me from behind, tore my clothes apart and raped me,” Sohrab – whose name has been changed for security reasons – told CNN in October. Transgender and gender non-conforming people are being “consistently” targeted at Taliban checkpoints due to their choice of clothing, human rights groups said. “I will never forget when the Taliban came to our house,” Samiar Nazari, a 22-year-old transgender man, told CNN. Other human rights groups have documented instances of extrajudicial detention, conducted out of the public eye. With little sign that the Taliban will improve their record on human rights, many in the country feel abandoned by the international community.

Persons: Sohrab, “, ” Sohrab –, –, ” Sohrab, Wakil Kohsar, Roshaniya, ”, Neela Ghoshal, Artemis Akbary, Ghoshal, ” Samiar, ” Nazari, Akbary, Abdul, ” Abdul, David Osborn, Osborn, It’s, Sano –, Sano, ” Sano, He’s, Rosemary DiCarlo, DiCarlo, Yuki Iwamura, UNAMA Organizations: CNN, “, Taliban, Taliban’s Ministry of Foreign Affairs, Afghan LGBT Organization, Getty, ” CNN, US Department of State, Facebook, Afghan, UK’s, Information Resilience, Afghan Witness, ”, UN, Political, Peacebuilding, United Nations Locations: Afghanistan, Czech Republic, Pul, Kabul, AFP, –, ‘ Afghanistan, Iran, Turkey, Herat, Afghanistan’s, Jalalabad, Qatar

☆ Harry Kane statue becomes latest sports sculpture to face criticism
▼ + stars: | 2024-11-19 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A shiny metal likeness of England soccer captain Harry Kane has become the latest statue of a sports star to face criticism for failing to capture the essence of its subject. “A real proud moment for me to go back to where my life in football began and unveil a statue. The juxtaposition makes the differences between the real life Kane and his bronze likeness amusingly apparent, with many questioning whether Kane could truly be impressed by the work. Harry Kane next to his statue at the unveiling on Monday. As it turns out, this is not the only modern statue unveiled recently that has seemingly failed to live up to ancient standards.

Persons: Harry Kane, ”, Kane, Zac Goodwin, Estelle Lovatt, “, wouldn’t, Hall of Famer Dwyane Wade, Cristiano Ronaldo Organizations: CNN, Bayern, “, Sky News, NBA, Miami Heat, Hall of Famer Locations: London, Waltham Forest, Bayern Munich, Madeira

☆ Putin lowered Russia's threshold for a nuclear attack after Ukraine got approval for deeper strikes
▼ + stars: | 2024-11-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

AdvertisementPutin on Tuesday signed major changes to Russia's nuclear doctrine. The Kremlin said the changes were directed at Ukraine's ability to use US-supplied weapons in strikes on Russia. President Vladimir Putin approved an update to Russia's nuclear doctrine, widening the scenarios in which it would consider a strike. They build on a series of nuclear threats Putin has issued since the beginning of the full-scale war in Ukraine, though none have come to pass. The new doctrine also expands the circumstances for the potential use of nuclear weapons.

Persons: Putin, Biden, Vladimir Putin, Sitara Noor, Dmitry Peskov, Volodymyr Zelenskyy, Joe Biden, Alexander Gabuev, Donald Trump's, Sinéad Baker Organizations: Kremlin, Lowy Institute, Carnegie Russia Eurasia Center, NATO Locations: Russia, Ukraine, Kyiv

He was the founder of Apple Daily, a pro-democracy, anti-Beijing newspaper that was forced to shut down in 2021. The trial, which began in December 2023, is the most high-profile prosecution of a Hong Kong media figure since the city was handed over from British to Chinese control in 1997. Like all national security trials in Hong Kong, Lai’s trial does not have a jury and is presided over by three judges picked from a national security committee that is approved by Hong Kong’s leader. “Jimmy Lai is a key instigator of anti-China activities, and his collusion with external forces to disrupt Hong Kong and incite division is well-known,” China’s foreign ministry office in Hong Kong said in a statement last week. Reporters Without Borders (RSF) ranked Hong Kong at 135 out of 180 places in its annual press freedom ranking.

Persons: Jimmy Lai, hasn’t, Hong Kong’s, Joshua Wong, “, Donald Trump, Lai, Keir Starmer, Xi Jinping, “ We’re, Jimmy Lai’s, ” Starmer, Xi, Daniel Suen, ’, Chiu Mei, “ Lai, ”, Chris Lau, CNN Lai, Trump Lai, Mike Pence, Trump, you’re, ” Lai, Hong, Anthony Kwan, John Lee, Lee, Trump’s, Hugh Hewitt, I’ll Organizations: Hong Kong CNN, Apple, White, Apple Daily, Getty, Hong, CNN, “, ” Prosecutors, Kowloon Law, Trump, Beijing, Hong Kong . Police, ” Police, HK, Hong Kong Locations: Hong Kong, China, Britain, British, Brazil, AFP, Beijing, Kowloon, Washington, “ Hong Kong, China , Hong Kong, Hong

☆ Being aerobically fit in middle age may reduce Alzheimer’s and dementia risk, study says
▼ + stars: | 2024-11-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Doing more aerobic exercise in middle age and old age may reduce the risk of dementia, including Alzheimer’s disease, a new study found. Without effort, however, cardiorespiratory fitness declines as people age. “This study found a dose-dependent — meaning more was better — effect of exercise fitness on several critical types of cognitive performance,” Isaacson said. Biking, running, jogging, swimming, hiking and briskly walking can all improve cardiorespiratory fitness, experts say. The study showed that people with high cardiorespiratory fitness were more likely to take care of themselves, and therefore protect the heart-brain connection.

Persons: ”, Weili Xu, ” Xu, Richard Isaacson, “ I’ve, ” Isaacson, Dr, Valentin Fuster, Fuster, ” Fuster, “ Organizations: CNN, Aging Research, Karolinska Institute, American Heart Association, British, of Sports Medicine, Mount, Hospital, Mount Sinai, Heart Federation, Cleveland Clinic Locations: Stockholm, Florida, Mount Sinai, Mount, New York City

☆ 10 easy Thanksgiving desserts that aren't pumpkin pie
▼ + stars: | 2024-11-19 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Baked apples with vanilla ice cream and chocolate cream pie are both crowd-pleasing options. If you're not a fan of pumpkin pie or want to switch things up this Thanksgiving, consider trying one of these easy, crowd-pleasing desserts. Pumpkin pie has been a Thanksgiving staple since the holiday's early days in the 17th century when pilgrims and early American settlers frequently used pumpkins in their cooking. However, while pumpkin pie is a favorite during the Thanksgiving season, Food Beast found that the most popular pie in the US is actually apple pie, proving you don't need to stick to tradition to please your guests. Here are 10 easy Thanksgiving desserts that aren't pumpkin pie.

Persons: Kit Kats

☆ I tried 20 of Trader Joe's popular breakfast foods, and I'd buy most of them again
▼ + stars: | 2024-11-19 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +27 min

AdvertisementI tried 20 breakfast foods from Trader Joe's, from Greek yogurt to pancakes. I tried some of Trader Joe's most popular breakfast foods as part of an ongoing series to review the chain's best items. VERDICT: Because of its convenience, Trader Joe's brioche French toast is worth trying at least once. AdvertisementVERDICT: Though I prefer a more traditional sandwich with actual bread, I'd be willing to buy Trader Joe's eggwich again. I didn't like Trader Joe's chicken-sausage breakfast bowl at allTrader Joe's chicken-sausage breakfast bowl wasn't my favorite.

Persons: Joe's, Wilson, you'll, I'm, I've, I'd, could've, wasn't ravenous, Wilson I've, Savanna, —, Joe's eggwich Organizations: Wilson Locations: Savanna, scone

Where to watch the Davis Cup in the USThe Davis Cup is available to watch in full on the Tennis Channel in the US. Cord-cutters can live stream the channel via a live TV streaming service like Sling TV, DirecTV Stream, or Fubo. Check price at FuboWhere to watch the Davis Cup in the UKThe Tennis Channel is also the home of the Davis Cup in the UK. Where to watch the Davis Cup in AustraliaThe Davis Cup is available to watch through beIN in Australia, where subscriptions start at AU$14.99 per month after a one-week free trial. How to watch the Davis Cup from anywhereThe Davis Cup is shaping up to be a can't-miss tournament.

Persons: We've, Rafael Nadal, Spain, Botic van de Zandschulp, Spain's, Spain's Carlos Alcaraz, Tallon Griekspoor, Filippo Volandri, ExpressVPN Organizations: Business, Davis, Olympics, Canada, Australia, Tennis Channel, DirecTV, Tennis, Entertainment, Elite, Sports, Fubo, USA Locations: Malaga, Spain, Netherlands, Italy, Argentina, Germany, United States, Australia, beIN

☆ Britain is building the most expensive railway in the world. Many people now think it’s pointless
▼ + stars: | 2024-11-18 | by ( Ben Jones | ) edition.cnn.com time to read: +17 min

Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.

Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, ”, Ricardo Ferreras, “, ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, —, Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool

☆ I moved to a remote island with only 236 inhabitants. I love raising my kids here.
▼ + stars: | 2024-11-18 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

AdvertisementKelly Green, 34, went to visit her parents in Tristan Da Cunha and fell in love. This as-told-to essay is based on a conversation with Kelly Green, the head of tourism at Tristan Da Cunha. But I misunderstood, as Edinburgh of the Seven Seas is a settlement in Tristan Da Cunha, one of the world's most isolated settlements with only around 236 inhabitants. I wanted to live in Tristan Da Cunha. Just because I decided to live on Tristan Da Cunha doesn't mean they have to live here forever.

Persons: Kelly Green, Tristan Da Cunha, Green, Shane, I've, Kelly Green Tristan Da Cunha, There's, they're Organizations: British Overseas, Cape Town, Gatwick Airport, England Locations: British, British Overseas Territory, England, Antigua, Bangladesh, Mozambique, Kenya, easyJet, Edinburgh, Scotland, Cape, South Africa

☆ Global debt is a 'looming risk,' says Mike O'Sullivan
▼ + stars: | 2024-11-18 | 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 EmailGlobal debt is a 'looming risk,' says Mike O'SullivanMike O'Sullivan, author and former chief investment officer for Credit Suisse UK & EMEA, joins CNBC to discuss markets and the global economy.

Persons: Mike O'Sullivan Mike O'Sullivan Organizations: Credit Suisse UK, EMEA, CNBC

☆ China is racing towards a future powered by wind and solar
▼ + stars: | 2024-11-18 | by ( Ella Nilsen | Hien An Ngo | ) edition.cnn.com time to read: +7 min

China is installing wind and solar power projects faster than any other country on the planet. It’s not that China is using less energy — it’s using more than ever — but it’s just adding wind and solar power to its grid at an astonishing pace. The country is constructing two-thirds — nearly 339 gigawatts — of the world’s utility-scale solar and wind projects. That is in addition to the 758 gigawatts of wind and solar capacity it has already built, according to the Global Energy Monitor. Wind and solar are now capable of generating 37% of the country’s power, according to Global Energy Monitor, already displacing coal’s dominance.

Persons: Donald Trump, It’s, “, ”, Jonathan Pershing, William, Flora Hewlett, John Podesta, ” Podesta, Xi Jinping, hasn’t, Xia Yingxian, ” Li Shuo, Shuo, ” Shuo Organizations: CNN, Department, Global Energy Monitor, International Energy Agency, White, US, State Department, China’s Ministry of Foreign Affairs, Climate, Asia Society Policy Institute Locations: Mongolia, China, Europe, Africa, Podesta, Paris, China’s

☆ Rolls-Royce is in talks to use its compact nuclear reactors to power data centers and space missions
▼ + stars: | 2024-11-18 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementRolls-Royce is in talks with potential customers for its nuclear reactors, per the Financial Times. The company said the reactors could provide energy for data centers, mining, and space missions. Rolls-Royce is in early-stage talks with potential customers for its compact nuclear reactors, which are designed to power data centers on Earth and one day to be sent into space, the Financial Times reported. Big Tech companies — including Google, Amazon, and Microsoft — have expressed interest in nuclear power to meet AI's high energy demands. In July 2024, Rolls-Royce was awarded funding from the agency's National Space Innovation Programme, or NSIP, for space nuclear power.

Persons: Royce, Jake Thompson, Microsoft —, Thompson Organizations: Financial Times, Business, Big Tech, Google, Microsoft, Royce, UK Space Agency, Innovation

☆ Earth may have had a Saturn-like ring over 400 million years ago, scientists say
▼ + stars: | 2024-11-18 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +8 min

And now, scientists hypothesize that Earth may have sported its own ring some 466 million years ago. Scientists previously believed that a large asteroid broke apart within the solar system, creating the meteorites that hit Earth during the Ordovician Period. The space rock is commonly referred to as a “mini-moon” due to it coming within 2.8 million miles (4.5 million kilometers) of the planet. Also, the suggested Earth ring would have “had to be the result of the disruption of a much larger body as the authors indicate in their paper,” he added in an email, so the asteroid, likely about 37 feet (11 meters) in diameter, could not have made a new ring for Earth. However, “this ring formation event we think may have happened only once in the last 500 million years.”

Persons: CNN —, “, ”, Andrew Tomkins, Tomkins, Roche, Earth’s, landmasses, Vincent Eke, ” Eke, PT5, Carlos de la Fuente Marcos, la Fuente Marcos, ” Tomkins Organizations: CNN, Monash University, NASA, Institute, UK’s Durham University, Complutense University of Madrid Locations: Melbourne, Australia, Earth’s Roche

Learn moreIt's the ultimate Texas showdown in tonight's Monday Night Football match-up between the Houston Texans and Dallas Cowboys. We've compiled everything you need to know about where to watch the Texans vs. Cowboys, including global live streaming options. Where to watch Texans vs. Cowboys in the USThe Texans vs. Cowboys game will air across ABC, ESPN, and ESPN2 in the United States. Check price at DAZNHow to watch Texans vs. Cowboys anywhereAway from home and worried about missing out on the game? Check price at ExpressVPNHow to watch Texans vs. Cowboys with a VPNSign up for a VPN if you don't have one.

Persons: We've, It's, Fubo, ExpressVPN Organizations: Business, Houston Texans, Dallas Cowboys, Texans, . Cowboys, AFC, Cowboys, NFC, T, Texas, NFL, US, ABC, ESPN, ESPN2, DirecTV, Sling, ESPN3, DirecTV Stream Locations: Texas, Arlington , TX, United States, China

☆ 'Red One' made $34 million on a $250 million budget in its first weekend. That sounds bad — but Amazon MGM never planned to make its profit in theaters.
▼ + stars: | 2024-11-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

How it performs on Amazon Prime Video matters more. But media experts told Business Insider that Amazon MGM could still profit from "Red One" and likely won't view it as a failure. Amazon MGM hopes the theatrical release will generate buzz for the film before it lands on Amazon Prime Video, Variety reported on Sunday. Frank Masi / Frank Masi / Prime"Red One" was initially going to premiere on Amazon Prime Video, but Amazon MGM later pivoted to a theatrical release. And if audiences think "Red One" will come to Amazon Prime Video during Christmas, they may choose "Wicked," "Moana 2," and "Gladiator 2" instead.

Persons: Chris Evans, Dwayne Johnson, Lucy Liu, —, Bob Marley, Rob Mitchell, Variety, Matthias Frey, Johnson, Frey, Hivju, Callum, Frank Masi, Kevin Wilson, We're, that's, Jezz Vernon, Paul Mescal, Lucius, Aidan Monaghan, Paramount Pictures Mitchell Organizations: Amazon Prime, Pole, MGM, Gower, Analytics, Intelligence, Department of Media, Culture, Creative Industries, City , University of London, Variety, Netflix, Amazon MGM, University of Exeter, Paramount Pictures Locations: North America, London, UK

☆ Sitting too much linked to heart disease –– even if you work out, according to new study
▼ + stars: | 2024-11-18 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

CNN —Sitting at your desk all day may put you at greater risk for heart disease –– even if you work out in your spare time, according to new research. This study was particularly helpful in investigating sitting because of its large sample size and the methodology it employed, Diaz said. “We would really recommend that as many people as possible avoid sitting more than 10.6 hours a day,” Ajufo said. The study is also observational, which means that while it can make associations, it can’t prove that the sitting was the cause of the heart disease, she added. To do their job well, muscles need movement.

Persons: ”, Ezim, Keith Diaz, Diaz, ” Ajufo, “ That’s, Ajufo, ” Diaz, don’t, “ You’re Organizations: CNN’s, CNN, Brigham, Women’s Hospital, Columbia University Medical Center, American College of Cardiology Locations: Boston

☆ Dollar sitting pretty, yen bears wary of Bank of Japan hawks
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +3 min

Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.

Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada

☆ HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
▼ + stars: | 2024-11-18 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementHSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs. HSBC has asked some managers to reapply for their jobs in its newly created corporate and institutional banking division as part of a cost-cutting drive, Bloomberg reported. The biggest change announced was the simplification of HSBC's structure, creating Eastern and Western arms to manage its global operations. He previously told staff in October that they should expect job cuts following the announcement of the revamp, Reuters reported at the time, citing an internal memo.

Persons: Georges Elhedery, Elhedery Organizations: HSBC, Bloomberg, Business Insider, Business, Reuters Locations: Asia, Pacific, Americas, London

☆ The second Trump era will see a rebalancing of U.S., UK and EU relations, economist says
▼ + stars: | 2024-11-18 | 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 EmailThe second Trump era will see a rebalancing of U.S., UK and EU relations, economist saysWith two months to go before Donald Trump's second term as president of the U.S., RSM Chief Economist Joe Brusuelas discusses defense spending in Europe.

Persons: Trump, Donald Trump's, Joe Brusuelas Organizations: EU, RSM Locations: U.S, Europe

☆ UK's Starmer calls for 'consistent, durable' ties with China in Xi meeting
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +2 min

RIO DE JANEIRO, BRAZIL - NOVEMBER 18: UK Prime Minister Sir Keir Starmer during a bilateral meeting with President Xi Jinping of China, at the Sheraton Hotel, as he attends the G20 summit in on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is attending his first G20 Summit since he was elected Prime Minister of the UK. He is expected to hold talks with President Xi Jinping of China, the first time a UK PM has done so for six years. (Photo by Stefan Rousseau - WPA Pool/Getty Images)British Prime Minister Keir Starmer called on Chinese President Xi Jinping on Monday to establish "consistent, durable" relations between their two nations, pressing on with efforts to thaw ties between London and Beijing at a G20 summit. "We want our relations to be consistent, durable, respectful as we have agreed, avoid surprises where possible, and strengthened dialogue should provide stronger understanding," Starmer told Xi at the start of their meeting.

Persons: Sir Keir Starmer, Xi Jinping, Keir Starmer, Stefan Rousseau, Starmer, Xi, Rachel Reeves, Lifeng, Xi's Organizations: RIO DE, Sheraton, British, Xinhua News Agency, Conservative Locations: RIO DE JANEIRO, BRAZIL, China, Rio de Janeiro, Brazil, London, Beijing, Britain, Hong Kong

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