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There are so many since wildfires killed 115 people in the historic town of Lahaina that Olsten is worried about a full-blown economic catastrophe. The day after the fire, the Hawaii Tourism Authority, a quasi-state agency, said visitors on “non-essential travel are being asked to leave Maui” and that "non-essential travel to Maui is strongly discouraged." People shouldn't go to Lahaina or the surrounding West Maui area — “It’s not a place to stare," Bissen said — but the rest of Maui needs tourists. The Hawaii Tourism Authority drafted and publicized a map showing Lahaina and West Maui in relation to the rest of the island, highlighting just how much was still open. It's not clear, however, when travel to West Maui will resume.
Persons: — Richie Olsten, Olsten, Mufi Hannemann, , Graeme Swain, Mara, Swain, Hali'imaile, , Gemma Alvior, they’re, “ Maui’s, Richard Bissen, shouldn't, Bissen, Jason Momoa, , Carl Bonham, It's, Bonham, ___ McAvoy Organizations: Airlines, Maui Helicopters, Air, Pilots, Hawaii Lodging & Tourism Association, University of Hawaii, Hollywood, Hawaii Tourism Authority, , Revenues Locations: KAHULUI, Hawaii, Lahaina, State, Maui, South Maui, San Diego, U.S, West Maui, Hollywood, , Manoa, Kaanapali, Honolulu
CNN —Ani Kirakosyani found out she was pregnant a month after the blockade of Nagorno-Karabakh began. “If not for the blockade, I would be playing with my child today,” Kirakosyani told CNN. He told CNN that before the blockade he had received most of his produce from Armenia. I only have one week left until the shop closes and I am jobless,” he told CNN. Meanwhile Russia, which brokered the ceasefire in 2020, has peacekeepers along the Lachin corridor but has refrained from intervening further.
Persons: Ani Kirakosyani, Kirakosyani, , ” Kirakosyani, Gegham Stepanyan, Tom Lantos, Cross, Luis Moreno Ocampo, Arayik Harutyunyan, Nikol Pashinyan, Mary Asatryan Max Mkhitaryan, Mary Asatryan, Brendan Hoffman, Ronald Suny, Azerbaijan’s, Ilham Aliyev, , ” Harutyunyan, Peter Stano, Harutyunyan, Maria Zakharova, Artyom, Anahit, Vahe Gevorgyan, ” Gharaghazaryan Organizations: CNN, International Association of Genocide, Artsakh, Rights, International Committee, ICRC, Criminal Court, Armenian, Stepanakert Medical, University of Michigan, , United States State Department, EU, Reuters, European Union, Russian Foreign Ministry, Russia, Hamline University, UN Security, Locations: Nagorno, Karabakh, Haterk, Republic of Artsakh, Azerbaijan, Artsakh Republic, Armenia, Artsakh, Stepanakert, Soviet Union, Turkey, Baku, … Baku, Azerbaijani, Aghdam, EU, Russia, United States, Ukraine
It's very positive for us and for women's football in our country," Colombia's Leicy Santos told reporters. "People come to me and say that it's a party in our matches that you can't see anywhere else. Morocco may be their easiest opponents on paper but Colombia coach Nelson Abadia warned his squad to exercise caution with five players at risk of suspension and missing their next game if they are booked. Colombia also received criticism for their physicality against Germany but Santos said that has only encouraged them to reinforce their playing style. "They don't press very often but... Colin is a fantastic coach and he might surprise us," Germany coach Martina Voss-Tecklenburg said.
Persons: Colombia's Leicy Santos, Nelson Abadia, Santos, Marina Hegering, Colin Bell, Colin, Martina Voss, Tecklenburg, Rohith Nair, Christian Radnedge Organizations: AUCKLAND, South American, debutants, South, Thomson Locations: Colombia, South Korea, Germany, debutants Morocco, Australia, Morocco, South American, Korea, Bengaluru
Morning Bid: Wall St shines, China misses again
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +4 min
Back on Wall Street, another heavy earnings week beckons and the July U.S. employment report on Friday looms large. Stock futures are marginally positive ahead of Monday's open, Asia bourses mostly just caught up with Friday's U.S. gains and European indexes were little changed. U.S. Treasury yields were steady, with the dollar firmer - due mainly to dollar/yen's jump to three-week highs. Reuters GraphicsReuters GraphicsReuters Graphics Reuters GraphicsReuters Graphics Reuters GraphicsBy Mike Dolan, editing by Alex Richardson <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Mike Dolan, What's, Asia bourses, Alex Richardson Organizations: Apple, Nasdaq, Bank of England, Friday's U.S, Treasury, European Banking Authority, Loews, Arista Networks, Eversource Energy, ON Semiconductor, SBA Communications, Republic Services, Diamondback Energy, Dallas Fed, Federal Reserve, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Beijing, United States, Tokyo, Asia, Western, Chicago
Cruise lines are seemingly adopting the budget airline model: Charge a base fare and pile on extras. Newer cruise ships have "more opportunities to upsell" with restaurant and entertainment options. In fact, cruise lines have told their investors recently that passengers are embracing these add-on costs — and enhancing their bottom lines. "Cruise lines are creative to try to make you forget you actually bought some things nine months ago," Scholes said. Cruise lines are trying to cut costs at the same timeThe cost of drink packages have been increasing on some cruise lines.
Persons: Brittany Chang, Patrick Scholes, Guy, Scholes, Silversea, It's, it's, Josh Weinstein, Tynan Smith, Kara Wallace, Royal Organizations: Cruise, New, Truist Securities, Norwegian Cruise Line, MSC Cruises, Royal, Royal Caribbean Group, Royal Caribbean, Carnival Corp, Street Journal, UBS, Royal Caribbean's Locations: New York City, Norwegian, Royal Caribbean, Royal, Brittany
We know there are so many reasons why this bull market has eluded so many. It's sudden broadening into health care, transports and financials just when we were told the bull was slain by its lack of breadth. I hope readers here know that I felt that only by tuning out the Fed could you make maximum money in the market. You simply had to ignore the verbiage, block out the gasbags who simply failed to see the two-staged bull market right in front of them. Needless to say, if you needed any evidence that we are in a bull market, the rally in that dog may be enough to make the prosecution rest.
Persons: Jerome Powell's, Powell, It's, Joe Biden's, Powell's, that's, Larry Fink, DR Horton, Powell didn't, IPOs, David Solomon's, Goldman Sachs, Barbie, Oppenheimer, Steve Squeri, Squeri, Jeff Marks, Jeff, Johnson, Elliott Management's, Lauder, Jackson, Jim Cramer's, Jim Cramer, Jim, Victor J Organizations: Federal, Dow, Taiwan Semiconductor Manufacturing Company, AS, Blackrock, DR, Western Alliance, FTC, Federal Trade Commission, Justice Department, Club, Microsoft, Activision, American Express, DuPont, Constellation Brands, Disney, Fed, Jim Cramer's Charitable, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty Locations: Washington, IPOs, Cava, Wyoming
Versus the yen the dollar fell 0.28% to 138.36 yen per dollar, after touching its lowest against the Japanese currency in two months on Friday. ,"The FX market is front running possible normalisation of Fed policy in 2024," said Chris Weston, head of research at broker Pepperstone in Melbourne. "The question then is whether the dollar sell-off has gone too far and we are at risk of mean reversion early this week." The Swedish and Norwegian crowns continued to climb after making gains of more than 5% on the dollar last week. The Swedish crown rose 0.2% to 10.2360 against the dollar, the Norwegian crown rose instead 0.4% to 10.0160.
Persons: Francesco Pesole, Chris Weston, Carol Kong, Sharp, Joice Alves, Tom Westbrook, Angus MacSwan, Andrew Heavens Organizations: ING, Federal Reserve, Fed, European Central Bank, Pepperstone, U.S, New Zealand, Commonwealth Bank of Australia, dovish Bank of, Thomson Locations: SYDNEY, U.S, Germany, Europe, Melbourne, dovish Bank of Japan, Norwegian, London, Sydney
Dollar licks wounds as policy peak looms
  + stars: | 2023-07-17 | by ( Tom Westbrook | ) www.reuters.com   time to read: +3 min
The euro , which jumped 2.4% last week to a 16-month high, held just below that peak at $1.1223. The yen , also up 2.4% last week, held at 138.56 per dollar. The Australian and New Zealand dollars pulled back slightly, with the Aussie last at $0.6821 - off last week's peak of $0.6895 - and the kiwi down 0.2% at $0.6355 after hitting a five-month high of $0.6412 on Friday. The Swedish and Norwegian crowns made gains of more than 5% on the dollar last week, and have paused for breath. "By then other major central banks including the ECB will also likely have reached their peak policy rates ... interest rate dynamics may therefore swing back in favour of the dollar."
Persons: Carol Kong, Chris Weston, Sharp, Jane Foley, Tom Westbrook, Sam Holmes, Stephen Coates Organizations: SYDNEY, New Zealand, Commonwealth Bank of Australia, Federal Reserve, European Central Bank, Pepperstone, U.S, dovish Bank of Japan, ECB, Thomson Locations: Europe, Melbourne, Asia
Dollar licks wounds as China data looms
  + stars: | 2023-07-17 | by ( Tom Westbrook | ) www.reuters.com   time to read: +2 min
The euro , which jumped 2.4% last week to a 16-month high, held just below that peak at $1.1228. The yen , also up 2.4% last week, held at 138.69 per dollar. "The FX market is front running possible normalisation of Fed policy in 2024," said Chris Weston, head of research at broker Pepperstone in Melbourne. "The question then is whether the dollar sell-off has gone too far and we are at risk of mean reversion early this week." The Swedish and Norwegian crowns made gains of more than 5% on the dollar last week.
Persons: Chris Weston, Sharp, Jane Foley, Tom Westbrook, Sam Holmes Organizations: SYDNEY, Federal Reserve, European Central Bank, Pepperstone, U.S, New Zealand, dovish Bank of Japan, ECB, Thomson Locations: U.S, Europe, Melbourne, Asia
But before she embraces parenthood, Olson has a golf tournament to try and win – the US Women’s Open, no less. Darron Cummings/APOlson had just one request for the tournament’s organizers: to have peanut butter and jelly sandwiches waiting for her at Pebble Beach. Amateur Brenda Corrie-Kuehn was eight months pregnant when she teed off at the 2001 US Women’s Open, with playing partner Jennifer Greggain well into her second trimester. Olson came close to a first major title at the 2020 US Women's Open. Women’s golf’s oldest major is finally touching down at Pebble Beach, a course that has already captivated Olson with its beauty.
Persons: Amy Olson, Olson, ” Olson, , Grant’s, Darron Cummings, , , don’t, Amateur Brenda Corrie, Kuehn, Jennifer Greggain, Corrie, Kuehn’s, Rachel, Stacy Lewis, “ I’m, I’m, it’s, there’s, Olson’s, Lim Kim birdied, Carmen Mandato, can’t, what’s Organizations: CNN, LPGA, American, Amateur, Nike, US, South, Evian Locations: Minnesota, “ There’s, North Dakota, South Korean, Pebble
In Scotland, Taking the Traditional and Making It New
  + stars: | 2023-07-04 | by ( Amy Tara Koch | ) www.nytimes.com   time to read: +2 min
This being the Highlands, the great outdoors beckons. “Ghillies,” or local guides, are on tap for horseback riding, fly-fishing, birding and hiking in Cairngorms National Park (doubles from £600 per night). ToursWith its widely spread out attractions, wind-whipped landscape and lack of public transport, Scotland can be challenging to tackle on your own, especially if the thought of driving on the “wrong” side is daunting. Rabbie’s Tours offers one-day (£54) and four-day (£209‌ without lodging) “Outlander”-themed tours centered on filming locations. Beyond activities‌‌, the company can secure tucked-away lodging and car transfers‌ (starting at $1,000 per day for a couple, including hotel, guide and experiences, but excluding dining).
Persons: Manuela, Iwan Wirth, Wirth, Zhang Enli, Queen Victoria, Elsa Schiaparelli, Flora Macdonald, , Harry Potter, Skye, Outlander, Ben Nevis Organizations: Hauser, Jacobite, brac, Hogwarts Express, Rabbie’s Locations: Fife, Highlands, Braemar, Scotland, Orkney, Isle
Rize: Turkey’s hidden mountain hideaways
  + stars: | 2023-07-03 | by ( Feride Yalav-Heckeroth | ) edition.cnn.com   time to read: +11 min
CNN —Rize province, on the Black Sea coast near Turkey’s northeast border with Georgia, is still largely unknown to many international travelers. Away from Rize itself – the seaside city which lends its name to the province – the area’s valleys and plateaus, surrounded by high-altitude mountain ridges, have remained largely rural. With high rates of rainfall, Rize’s mountain villages (yayla) become a point of escape from summer temperatures. “The state of tourism in Rize is not very pleasant because visitors often arrive without much knowledge about the local culture or the nature. “I think the purpose of coming to Rize shouldn’t be to rush through everything and take a few selfies.
Persons: Orhan Eskiva, café, hamsili, Rize’s, Zeyne, Ahmet Şişman, İbrahim Birben, it’s, Dağ Evi, Trebizond, Emre Corbaci, Taşkın, , Elif, Peri, Deniz Demirci Tarakçı, Çinçiva, , Işık Güner, Feride, Conde Nast Organizations: CNN, Ottomans, Apo, Rize Zua Coffee Locations: Rize, Turkey’s, Georgia, Rize province, Çamlıhemşin, Forestry, Karadeniz, Russia, Senyuva, Çamlıhemşin’s, Mola, Sümela, Trabzon, Zilkale, Armenian, Şenyuva, Istanbul, Pokutsal, Peri, Rize Zua, Yasemin, Barcelona, Fırtına, , Lake Constance, Kinfolk
Oil servicers sweeten the pill
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, June 15 (Reuters Breakingviews) - The approach of peak oil demand is bad for oil producers, but it’s worse for companies that help dig and service new wells. A $5 billion merger between Patterson-UTI Energy (PTEN.O) and NexTier Oilfield Solutions (NEX.N), two small oil field services firms, offers a way out. Big oil producers are already focusing on returning cash to investors as they face up to the inevitable. The International Energy Agency said on Wednesday that global demand growth is set to nearly halt by 2028, as the use of oil in transport falls from 2026. That trend is one reason Patterson-UTI and NexTier have both delivered negative total shareholder returns since 2018.
Persons: Patterson, Robert Cyran, John Foley, Streisand Neto Organizations: YORK, Reuters, Patterson, UTI Energy, International Energy Agency, Twitter, Thomson Locations: India
“We can no longer afford thousands of daily sunbathers all squeezed in one spot as in the past, it’s unsustainable.”Four beaches are affected. Cala dei Gabbiani and Cala Biriala both now have a daily cap of 300 visitors in place, while Cala Goloritze has a limit of 250 visitors per day, and Cala Mariolu, the largest of the beaches, has a daily limit of 700 people. Visitors to Cala Goloritze, which is only accessible by foot or boat, will be charged an entrance fee of six euros (US$6.5.) The entrance fee for Cala Goloritze can either be paid online, or with cash at the entrance to the inlet. Beach towel banBeach towels will not be permitted at La Pelosa Beach in Stintino, Sardinia this summer, according to local authorities.
Persons: ” Stefano Monni, Cala Biriala, Cala Goloritze, Cala Mariolu, Beachgoers, Legambiente, it’s, , Monni, Cala Mariuolo, he’s, pelosi, We’ve, Stintino’s, Rita Limbania Vallebella, they’d, ” Keen, Alberto Pizzoli, Filippo Mannino, Martello, Mannino, Isola, Organizations: CNN, Cala Locations: Sicily, Sardinia, Orosei, Baunei, Ogliastra, Cala, Italian, sunbathers, La Pelosa, Stintino, La, Isola, Italy, Pelosa, Saline, Isola dei, Lampedusa, Pelagie, AFP, Martello, Giglio, Isola del Giglio, Tuscany
LONDON, May 31 (Reuters) - Beyoncé's fans, collectively known as the "BeyHive," are going savage to catch a glimpse of her during her "Renaissance World Tour". Money and distance are no object when your idol beckons in 57 concerts across 40 cities in North America and 14 across Europe. Jimmy Long of San Francisco flew to Stockholm for the May 10 opening show after finding $370 front-section "Club Renaissance" seats - a bargain compared to similar U.S.-based tickets costing $1,200 or more. England-based Ayo Awokoya was uplifted despite enduring an arduous Manchester-London train ride that lasted six hours instead of 4-1/2 hours. Janny splurged 6,000 reais ($1,199.21) for her first flight, on top of 5,000 reais for Club Renaissance tickets in Frankfurt, Germany.
Persons: Jimmy Long, Beyonce, Janny Nascimento, Sharon Kimathi, Richard Chang Organizations: Club, Thomson Locations: North America, Europe, San Francisco, Stockholm, Sweden, England, Manchester, London, Rio de Janeiro, Frankfurt, Germany
Don’t Swing at the Yield Curve
  + stars: | 2023-05-17 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
The inverted Treasury yield curve is hitting extreme new levels. But paradoxically, it may be suggesting that investors are both more worried about a recession and less worried. WSJ’s Dion Rabouin explains. Illustration: David FangWhen the Federal Reserve pushes shorter-term interest rates above long-term Treasury yields, it has typically been a sign that the central bank has tightened to the point that a downturn beckons. Confidence in the predictive power of such yield curve inversions is a big part of why many investors believe the economy is now destined for a recession.
courtesy Richard Avedon/The Richard Avedon FoundationWhen Hillary Clinton, then a US Senator, arrived for a shoot with Avedon in 2003, she recalled him looking at her and saying, "I've seen this image before." courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Miuccia Prada selected this image of Boyd Fortin, a teenaged rattlesnake skinner from Texas, taken in 1979. courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Calvin Klein selected this infamous campaign image from his label's archives. courtesy Richard Avedon/The Richard Avedon FoundationFilmmaker Sofia Coppola chose this iconic 1958 photograph of model China Machado. courtesy Richard Avedon/The Richard Avedon Foundation“Avedon 100” is on view at Gagosian in New York through June 24.
A look at the day ahead in European and global markets from Kevin Buckland. The local stock price reaction was muted though: Hong Kong's Hang Seng was up 0.9% while mainland benchmarks were flat. Bitcoin, meanwhile, soared as high as $30,438 in Asia for the first time in 10 months, smashing out of recent ranges. Europe returns to trading with very little on the economic calendar aside from euro zone retail sales for February and the Sentix business survey. Reuters Graphics Reuters GraphicsKey developments that could influence markets on Tuesday:Sentix indexEuro zone retail salesFirst Republic financial resultsReporting by Kevin Buckland; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
Pulling in one direction is a bank collapse that set interest rate expectations diving. After a month of wild swings for bonds and interest rate futures, rate expectations are settling around a peak in the Fed funds rate near 5% and then steady downhill from there. Euro zone inflation data later in the day can reinforce that, if it echoes stronger-than-expected German figures published on Thursday. Nerves on banks and lower U.S. Treasury yields have delivered investors into the arms of profitable, big cap technology companies. Q1 world marketsKey developments that could influence markets on Friday:Economics: Euro zone inflation, U.S. core PCEReporting by Tom Westbrook; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Ties which have often been rocky since Britain voted to leave the European Union in 2016 have been fortified by the countries' support for Ukraine since Russia's invasion. "The partnership the UK and France share runs deep," Sunak said on Twitter. "From tackling illegal migration to driving growth in our economies to defending our common security, when we work together we all benefit. The Times newspaper said he would announce Britain was providing funding to France to invest in police, security and intelligence. The payments were expected to exceed 200 million pounds over three years, the report said, citing unnamed sources.
'Extinction Beckons' at artist Mike Nelson's London exhibition
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Feb 21 (Reuters) - From an abandoned wooden structure in the desert to old tyres found on a motorway, an exhibition of installations made with scavenged materials by British artist Mike Nelson goes on show at London's Hayward Gallery this week. With its slightly ominous title “Extinction Beckons”, the exhibition takes visitors through immersive and sculptural works made with items Nelson has found or acquired in junk yards and shops, flea markets and auctions. "There are things here that hint at disaster, decay, violence perhaps sometimes," Ralph Rugoff, director of the Hayward Gallery, told Reuters at a press preview on Tuesday. “Every time you walk into one of those rooms you feel like the people who were there have just left," Rugoff said. Reporting by Marie-Louise Gumuchian; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
An Anglo-Saxon Celebration of the Senses in Silver
  + stars: | 2023-01-28 | by ( Jane Coombs | ) www.wsj.com   time to read: +1 min
In a smaller display case, mounted on a vertical panel, is a large, disc-shaped pin that gleams beneath a small light fixture. About 4.5 inches in diameter and slightly convex, this ninth-century accessory bears a magnificent etched design in burnished silver and niello, a black metallic substance pressed into the grooves. Originally worn at the shoulder to fasten a cloak, the Fuller Brooch (named after its 20th-century donor) is one of the best preserved examples of Anglo-Saxon metalwork and the earliest known depiction of the five senses in art. A similar mix of wit and profundity is readily apparent in the Fuller Brooch’s complex iconography. Many suspect it bears the influence of Alfred the Great (reigned 871–899), a learned Anglo-Saxon king who sparked a revival of religion and literacy after his subjects weathered years of brutal Viking attacks.
It is likely to affect most of the bank's major divisions, with its investment banking arm facing the deepest cuts, a source told Reuters this month. "We know this is a difficult time for people leaving the firm," a Goldman Sachs statement on Wednesday said. Last year was challenging across groups including credit, equities, and investment banking broadly, said Paul Sorbera, president of Wall Street recruitment firm Alliance Consulting. [1/3] A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange, April 16, 2012. Shares of Goldman Sachs have partially recovered from a 10% fall last year.
LONDON, Dec 7 (Reuters) - The last year will go down as one of the most seismic in the history of the British royal family with the death of Queen Elizabeth months after she celebrated her record seventh decade as monarch, but 2023 could prove almost as momentous. Elizabeth's success had been to guide the monarchy into the modern world, riding out the many crises that befell her family. Most damaging of all is the rift with Charles's younger son Prince Harry and his wife Meghan, who now live in California, and their criticism of the royal household. Harry and Meghan's interview with U.S. talk show host Oprah Winfrey in March 2021 rocked the institution and the royal family will be anxiously waiting to see if there are further damning revelations in the book. The major set piece event for the year will be King Charles's coronation - a solemn and religious event conducted by the Archbishop of Canterbury, the spiritual head of the Anglican Communion.
REUTERS/Thomas PeterDec 6 (Reuters) - China's capital Beijing dropped the need for people to show negative COVID tests to enter supermarkets and offices on Tuesday, the latest in an easing of curbs across the country following last month's historic protests. "Beijing readies itself for life again" read a headline in the government-owned China Daily newspaper, adding that people were "gradually embracing" the slow return to normality. That has sparked optimism among investors for a broader reopening of the world's second biggest economy that could boost global growth. This marks the first decline in Nomura's closely-watched China COVID lockdown index since the start of October, nearly two months ago. Reporting by Ryan Woo and Bernard Orr in Beijing; Writing by John Geddie; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
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