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An Air Canada Boeing 777-333(ER) is preparing to take off on the runway at Barcelona-El Prat Airport in Barcelona, Spain, on May 1, 2024. Air Canada said early on Sunday it had reached a tentative agreement with its pilots union over a new four-year collective agreement, in a last-minute deal that will avert a near-term strike or lockout. Air Canada and Air Canada Rouge, which operate nearly 670 flights per day carrying about 110,000 passengers as well as freight, will now continue flying as normal, the airline said. Air Canada said in a statement the terms of its new agreement with the Air Line Pilots Association (ALPA) representing more than 5,200 pilots will remain confidential, pending a ratification vote by its members expected to be completed over the next month. The ALPA said in a separate statement that its leaders had approved the tentative agreement with Air Canada for member ratification.
Persons: ALPA, Steve MacKinnon Organizations: Air Canada Boeing, El, Air Canada, Air Canada Rouge, Air Line Pilots Association, United Airlines, Labour Locations: Barcelona, Spain, Canada's, U.S, United
CNN —Having trouble navigating the complicated, often frustrating, world of airline loyalty programs? 1 airline rewards program, according to the rankings. Last week, the US Department of Transportation announced a consumer protection probe into US airlines’ loyalty programs. World’s top 10 airline rewards programsHere are the top 10 programs globally and their scores on a 100-point scale, according to Point.me’s analysis:1. SeongJoon Cho/Bloomberg/Getty ImagesNorth America’s top 10 airline rewards programsHere are the top 10 programs in North America and their scores on a 100-point scale, according to Point.me’s analysis:1.
Persons: CNN —, , Tiffany Funk, Point.me, Canada’s Aeroplan, Funk, Delta, Avianca, they’re, ” Funk, SeongJoon Cho, Allegiant Organizations: CNN, Air France, KLM, Air, United, ” United Airlines, Virgin Atlantic, British Airways, JetBlue, Delta Air Lines, Delta, North, Canada’s, Qatar Airways Privilege, Cathay Pacific, Singapore Airlines KrisFlyer, US Department of Transportation, American Airlines, Southwest Airlines, United Airlines, Air Canada, British Airways Executive, Virgin Atlantic Flying, Alaska Airlines, JetBlue TrueBlue, Bloomberg, Getty, Southwest Airlines Rapid, Airlines, Spirit Airlines, Qatar Airways, Cathay Locations: Alaska, Latin America, East, Africa, Cathay Pacific Asia Miles, Asia, Pacific, Air France, North America, Europe, Middle East, Oceania
Gold miners in the Yukon are discovering mummified ancient animals from the Ice Age. Paleontologists often gather truckloads of fossils from the mines, but mummies are special and rare. Photos from inside the gold mines and the lab offer a glimpse at the ancient past. Go to newsletter preferences Thanks for signing up! AdvertisementMiners are digging up more than just gold in the Yukon, Canada's frigid northwestern territory bordering Alaska.
Persons: Organizations: Service, Business Locations: Yukon, Alaska, North America
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Asia-Pacific markets opened lower on Wednesday, despite gains on Wall Street ahead of the U.S. August consumer inflation report due Wednesday. Traders in Asia parsed key economic data from Japan and South Korea. South Korea reported that unemployment fell to 2.4% in August, the lowest level since 1999, when the data series commenced, according to Statistics Korea. The sentiment for non-manufacturers declined for a third consecutive month to plus 23, from plus 24.
Persons: Donald Trump, Kamala Harris, Canada's Alimentation Organizations: Traders, Statistics Korea, Reuters, Republican, Democratic, Federal Trade Commission, Taiwan Semiconductor Manufacturing Corp, Taiwan Locations: Ginza, Tokyo, Japan, Asia, Pacific, South Korea
The table below lists 11 stocks that analysts give over 100% upside potential in their local currency over the next 12 months. Investors should note that these stocks are exposed to foreign exchange fluctuations. Although the company has a primary listing on the Toronto stock exchange, the stock is also traded on U.S. stock exchanges . Valneva France-based Valneva has the second-biggest consensus upside potential on the list, at 213%. Stifel's price target of 9 euros ($9.94) a share indicates a 201% upside potential.
Persons: Desjardins, Frederic Tremblay, Canaccord, Katie Lachapelle, Meaghan, Valneva, Lyme, Christian Glennie, Evan Wang Organizations: CNBC Pro, Battery Metals, Valneva, Pfizer, Analysts, Guggenheim Securities Locations: U.S, Toronto, James Bay, Valneva France, Paris
A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. The FTC was concerned that the companies' defense attorneys were advising them to get rid of documents linked to the potential merger ahead of antitrust investigations, Reuters reported. In June, the FTC and the Justice Department launched antitrust investigations into Microsoft, OpenAI and Nvidia. Other recent antitrust investigations include cases against Amazon and Google. Seven & i revealed that Couche-Tard had offered to acquire all outstanding shares of Seven & i for $14.86 per share.
Persons: Canada's Alimentation, Tard, Tokutaka Ito, O Shearman, Ito, — CNBC's Lim Hui Jie Organizations: Seven, Holdings Co, Holdings, U.S . Federal Trade Commission, Reuters, FTC, Justice Department, Microsoft, Nvidia, Amazon, Google, CNBC Locations: Kawasaki, Japan, Asia, .
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden-Harris policies revived the economy crushed by Covid: Culinary Union's Ted PappageorgeTed Pappageorge, Nevada Culinary Union Secretary-Treasurer, joins 'The Exchange' to discuss which presidential candidates are favored by Nevada's hospitality industry, their expectations from the new administration, and more.
Persons: Harris, Ted Pappageorge Ted Pappageorge Organizations: Biden, Nevada Culinary Union Locations: Nevada
OpenAI announced Friday a New York City art gallery collaboration that gives artists access to unreleased artificial intelligence tools. Some of Hill's artists echoed the sentiment about not being left behind, regarding access to AI tools or representation within them. For the Strada exhibit, that same work is suspended in the gallery, and Hackett used Sora to animate the still canvas scenes. "And as a black artist, it's not a given that our forms of media will show up in these models. She told CNBC she was already adept at Photoshop and other retouching software, and that's how she thinks of AI tools like Sora.
Persons: OpenAI, Strada, Paul Hill, Hill, Minne, ChatGPT, Sora, Regina Gloriana, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult, Strada's Hill, I've, Curry Hackett, Hackett, it's, Sophia Wilson, Wilson, " Wilson, Organizations: New, CNBC, Stability Locations: New York City, Nuova, Nigeria, California, Kyoto, Japan, Brooklyn, New York
Canada already imposes 6.1% tariff on EVs manufactured in China and imported into Canada, the government said on Monday. The country will also put a 25% tariff on China-made steel and aluminum imports, effective Oct. 15. China is the third-largest country for steel imports into Canada, according to the Canadian Steel Producers Association. Canada's EV, steel and aluminum industries face "unfair competition" and trade practices from China, the government's finance department said. The EU also hit China-made EVs with higher tariffs in July, though it slashed some of the planned tariffs on China-made Tesla EVs as well as other Chinese EV makers last week.
Persons: Justin Trudeau, Blair Gable, Tesla, Vincent Chan, CNBC's Organizations: Canada's, Rideau Hall, Reuters, European, Canadian Steel Producers Association, EU, Biden Administration, EV, Aletheia Locations: Ottawa , Ontario, Canada, Reuters Canada, China, European Union, U.S
I went to Canada for the first time in 2022 and can't wait to return someday. Over seven days, I traveled to Niagara Falls, Toronto, Montréal, and Québec City, mostly by train. I want to return to Québec and Niagara Falls, and take more Canadian trains to other provinces. Go to newsletter preferences Thanks for signing up! AdvertisementImmense waterfalls, scenic train rides, and cities that feel like Europe — I experienced them all during my first trip to Canada.
Persons: Organizations: Service, Québec Locations: Canada, Niagara Falls , Toronto, Montréal, Québec City, Québec, Niagara Falls, Europe, New York City, Canada's, Ontario
Environmental activists calling for an international moratorium on deep-sea mining. Pallava Bagla | Corbis News | Getty ImagesCarvalho's election victory comes at a time of intense debate about the future of deep-sea mining and the world's oceans. Scientists have warned that the full environmental impacts of deep-sea mining are hard to predict. I would be very much concerned to have a mining exploitation request sat on my table without a mining code. "I would be very much concerned to have a mining exploitation request sat on my table without a mining code," Carvalho said.
Persons: Leticia Carvalho, Carvalho, Michael Lodge, Gerard Barron, Carolyn Cole Organizations: Getty, International, Authority, CNBC, ISA, Corbis, ISA Council, The Metals Company, Los Angeles Times, Istock Locations: Leticia Carvalho Brazilian, Jamaica, Nauru
A striking Teamsters union worker pickets outside Canadian National Railway's (CN) headquarters after being locked out by the company in Montreal, Quebec, Canada August 22, 2024. REUTERS/Evan BuhlerWorkers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage. In a new statement during the early hours on Friday, the Teamsters union posted on X that it had taken down picket lines at CN. The rail companies previously said they were forced into the lockouts to avoid strikes at short notice. Paul Boucher, head of the Teamsters rail union, had accused CN and CPKC of being "willing to compromise rail safety and tear families apart to earn an extra buck".
Persons: Evan Buhler, CPKC, Steven MacKinnon, MacKinnon, Jonathan Abecassis, Justin Trudeau, Trudeau, Paul Boucher, Jagmeet Singh Organizations: REUTERS, Evan Buhler Workers, Canadian National Railway, Teamsters, Canadian Pacific, Canadian Industrial Relations, Canadian Pacific Kansas City, Canadian, Labour, CN, Canadian Broadcasting Corp, Liberal, Reliant, Canadian Manufacturers, New Democratic Party, Ottawa Locations: Montreal, Quebec, Canada, Canadian Pacific Kansas City, United States, Toronto, Vancouver
The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts and a friendly home to the world’s biggest fortunes. The Western state’s fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. At the center of the Murdoch case is the Murdoch Family Trust, which holds the powerful voting shares in News Corp. and Fox Corp. that effectively control the companies. (The trust also contains the family farm in Australia, the Murdoch art collection and its Disney shares.) “Normally a family would have some ties in Nevada to establish trust, either living here or having real estate,” Tyrell said.
Persons: Murdoch, , Steven Oshins, ” Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Rupert Murdoch, Lachlan, James, Elisabeth, Prudence, it’s, Rupert, Elyse Tyrell, Tyrell Law PLLC, Rupert Murdoch —, It’s, ” Tyrell, Organizations: IRS, Division, Trust, News Corp, Fox Corp, Disney, The New York Times, Street Journal, Fox, Henderson , Nevada . Trust Locations: Nevada, “ Nevada, South Dakota, Tennessee , Delaware, U.S, Australia, Henderson , Nevada
The Murdoch family feud taking place in an obscure Nevada court highlights the state's surging popularity as a global center of family trusts and a friendly home to the world's biggest fortunes. The Western state's fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. Yet experts estimate the state likely has hundreds of billions of dollars in trust assets locked away in nondescript office buildings or trust companies, offering little to no visibility to the outside world. In the race among states to attract the hundreds of billions of dollar in new trust assets, Nevada has a comfortable lead. Perhaps its most powerful advantage, and the one with direct bearing on the Murdoch case, is trust flexibility.
Persons: Rupert Murdoch, Lachlan Murdoch, Drew Angerer, Robert Frank, Murdoch, Steven Oshins, Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman Organizations: News Corp, Fox News, Century Fox, Allen & Company Sun Valley Conference, Getty, IRS, Division Locations: Sun Valley , Idaho, Nevada, South Dakota, Tennessee , Delaware, U.S
Russia's consumer sentiment hit a high in June as its wartime economy boosted spending. The sentiment index has risen since April 2022, despite the Ukraine invasion. Go to newsletter preferences Thanks for signing up! In June, Russia's consumer sentiment hit a high not seen since the 2000s, according to Levada Center, Russia's last major independent pollster. Levada's consumer sentiment index has been moving steadily upward since April 2022, barely two months after Russia invaded Ukraine on February 24, 2022.
Persons: Organizations: Service, Levada Locations: Ukraine, Russia
The deal will help improve Key's balance sheet, Jim Cramer said. Robinhood : Shares rose more than 4% after Piper Sandler upgraded the brokerage firm's stock to a buy rating. Prologis : Shares fell a little over 1% after Bank of America downgraded the stock to a hold rating. Qualcomm shares were down about 1% Monday. General Mills : Shares were slightly lower despite Goldman Sachs initiating coverage of the stock with a buy rating.
Persons: Jim Cramer's, Jim Cramer, Piper Sandler, Cramer, Jim, I'm, General Mills, Goldman Sachs, Mills Organizations: CNBC, Club, Canada's Scotiabank, Bank of America, Qualcomm, Wolfe Research, Apple, Mondelez Locations: Cleveland
American men were eliminated in the quarterfinals, while the defending champion women had to scratch and claw their way to a bronze medal Monday night. The U.S.' Dearica Hamby drives against Canada's Kacie Bosch in the women's 3x3 basketball bronze medal game in Paris on Monday. That’s so cliché, but it’s so true.”The growing 3x3 version of the game has many key differences from traditional basketball, as perimeter scoring, quick shooting and short bursts of energy are essential. “I wish people understood how hard 3-on-3 is,” college basketball star Hailey Van Lith said after she scored a game-high 6 points in the bronze medal game. The 3x3 basketball development in far-flung places like Mongolia, Chile and Trinidad and Tobago might not be possible in the traditional, full-court game, Zagklis said.
Persons: didn’t, Dearica Hamby, Canada's Kacie Bosch, Frank Franklin II, , Cierra Burdick, Hailey Van Lith, Val Lith, They’ve, Andreas Zagklis, Zagklis Organizations: PARIS, Sparks, Canada, U.S, University of Tennessee, TCU, International Basketball Federation Locations: Paris, The, U.S, Tokyo, Mongolia, Chile, Trinidad and Tobago
What to watch this weekend at the Paris Olympics
  + stars: | 2024-08-02 | by ( Kyle Feldscher | ) edition.cnn.com   time to read: +10 min
Paris CNN —The first week of the 2024 Summer Olympics is very nearly in the books and business is about to pick up. Richardson comes into Paris looking to prove she is the fastest woman in the world. Track and field heats upAn overview shows athletes competing in the women's 5000m heat of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 2, 2024. Antonin Thuillier/AFP/Getty ImagesThe star of the second week of the Summer Olympics, track and field competition takes the stage this weekend. Mixed 4x100m medley relay, featuring the American team of Regan Smith, Charlie Swanson, Dressel and Abbey Weitzeil.
Persons: Paris CNN —, Simone Biles, Biles, she’s, She’s, ‘ I’m Simone Biles, , Noah Lyles, Sha’carri Richardson, Richardson, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Lyles, Sha'Carri Richardson, Australia's Bree Masters, Canada's Jacqueline Madogo, Denis, Jewel Samad, Xander Schauffele, Japan’s Hideki Matsuyama, Jon Rahm, Great, Tommy Fleetwood, Rory McIlroy, Scottie Scheffler, Schauffele, hasn’t, Sophia Smith, Pascal Guyot, Trinity Rodman, Rose Lavelle, Alyssa Naeher, LeBron James, , it’s Jose Alvarado, James, Pierre, Sameer Al Doumy, Antonin Thuillier, Katie Ledecky, Bradley Kanaris, Caeleb Dressel, Kate Douglass, Alex Walsh, Summer McIntosh, Paige Madden, Ariarne Titmus, Regan Smith, Charlie Swanson, Dressel, Gretchen Walsh, Sarah Sjoestroem, Bobby Finke Organizations: Paris CNN, Olympic Games, Tokyo Olympics, Stade de France, Games, Paris, Getty, Le National, PGA, British, Women’s National, Japan, women’s, Marseille, US, Serbia, Puerto Ricans, USA, Belgian, FIBA’s, Summer, Paris La Defense Locations: Paris, France, American, Spring , Texas, Lyles, Saint, AFP, Tokyo, Australia, USA, Marseille, New Zealand, Japan, Sudan, Puerto Rico, Puerto, South Sudan, Mauroy, Villeneuve, d'Ascq, Belgium, Germany, Barcelona, Nanterre, Swedish
Prada Group's Japan sales rose 55% for the first half of 2024, most of it from local customers. Other luxury players are seeing more Chinese shoppers flocking to Japan. Hermès also reported strong local Japanese customer sales. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJapan's currency might be slumping, but it hasn't stopped Japanese customers from shopping for luxury at Prada and Hermès.
Persons: Prada, Hermès, , hasn't Organizations: Service, Prada, Prada Group, Business Locations: Japan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Chinese swimmer competing in the Paris Olympics was cleared of doping accusations after authorities sourced the drugs back to a tainted burger, according to New York Times reporting. The case comes in the wake of earlier NYT reporting that 23 Chinese athletes had tested positive for another banned medication in 2021. They were ultimately cleared in a Chinada investigation that traced the problem back to a hotel kitchen; and they went on to compete. China has cleared athletes of doping charges at least three times in the past, the paper reported.
Persons: , Tang Muhan, Junyi, Travis Tygart, WADA, Shelby Houlihan, Getty, Stephen McCarthy Houlihan, Tang, Chinada Organizations: Service, New York Times, Business, Doping Agency, International Testing Agency, Paris Olympics, Chinese Olympics Locations: Paris, Beijing, China, Tokyo
Miu Miu's revenue increased by 93% for the first half of 2024, compared to the same period in 2023. The brand is popular with Gen Z shoppers and young celebrities like Sydney Sweeney. Asia was a significant driver for Prada Group's sales in the first half of 2024. While the rest of the luxury fashion industry seems to be slowing down, Miu Miu was one brand that has not gone out of style. Miu Miu made up 23% of Prada Group's total revenue.
Persons: Miu, Sydney, Miu Miu, Organizations: Prada, Service, Business Locations: Sydney Sweeney, Asia
Submarines could be very useful for defense of Canadian territory, or asserting a presence in contested Arctic waters. But tripling Canada's submarine fleet will require more than buying new boats. AdvertisementThough Canada acquired its first submarine in 1914, its recent experience with undersea boats has not been a happy one. In 1998, the Royal Canadian Navy bought four used British Upholder-class diesel-electric subs that became surplus as Britain switched to an all-nuclear submarine fleet. Several foreign shipbuilders have expressed interest in selling subs to Canada, including South Korea's Hanwha Ocean and Sweden's Saab.
Persons: , Paul Mitchell, Mitchell, Refits, Sweden's, Michael Peck Organizations: Service, Royal Canadian Navy, NATO, Business, Canadian Forces College, Canada's Department of National Defense, East, Pacific, RCN, Britain, Sweden's Saab, Canada, Shipbuilding Strategy, Royal Canadian Air Force, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Canada, Britain, Germany, Victoria, Canadian, Russia, China, Pacific, Davis, Taiwan, Japan, Korea, Barents, West, British Columbia, South, Forbes
International Olympic Committee President Thomas Bach with Salt Lake City Utah delegation members after it was announced that Salt Lake City Utah will be the location for the 2034 Winter Olympics. PARIS — The Winter Games will make a return visit to Salt Lake City in 2034 while the 2030 Olympics were tentatively set for the French Alps, officials said Wednesday. "The last 10 days of my life were totally unexpected," Fraser Bullock, head of the Salt Lake City bid, told NBC affiliate KSL minutes after the vote for Salt Lake City. But with an 83-6 vote for Salt Lake City to host, Bullock said he believes the IOC has total confidence in 2034 organizers. The naming of Salt Lake City and French Alps as the next two winter sites had been in the works for months, with only moderate concerns rooted in France's snap elections.
Persons: Thomas Bach, PARIS —, Spencer Cox, Erin Mendenhall, Peacock, Fraser Bullock, Bullock, Utahans, Kaitlin Eskelson, it's, Emmanuel Macron Organizations: Olympic, Utah Gov, Olympic Committee, Winter, IOC, Doping Agency, U.S, NBC, KSL, Washington, Eccles, University of Utah, United Locations: Salt Lake City Utah, PARIS, Salt Lake City, Salt Lake, Paris, Tokyo, Utah, Rice, United States, Lake Placid, Squaw, France, Chamonix, Grenoble, Albertville, French
Aeroplan Credit Card Review 2024
  + stars: | 2024-07-23 | by ( Jasmin Baron | Angela Fung | Sarah Silbert | ) www.businessinsider.com   time to read: +25 min
It's not often an airline credit card makes waves with a strong welcome bonus and completely unique benefits, but the Aeroplan® Credit Card has managed to do just that. Aeroplan Credit Card OverviewThe Aeroplan® Credit Card has a welcome bonus offer of 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card RewardsAeroplan Card welcome bonus offerThe Aeroplan® Credit Card is offering 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card Annual Fee and Other CostsThe Aeroplan® Credit Card charges a $95 annual fee, but you won't pay foreign transaction fees, which makes it a good card to use when you're traveling internationally. Methodology: How we reviewed the Aeroplan cardBusiness Insider's credit cards team reviewed the Aeroplan® Credit Card in comparison to other top airline credit cards available right now.
Persons: It's, Chase, , cardholders, Cardholders, there's, you've, Aeroplan Organizations: Business Insider, Citi, Mastercard, Air Canada, Air, Star Alliance, Chase, FDIC, TSA, Citi ®, Canada, American Express, Business, Cardholders, Target, Walmart, Air Canada Aeroplan, United, ANA, Etihad, Gulf Air, US, Cruises, Discount, Air Canada Express, Air Canada Rouge, Chase TravelSM, TD Bank, CIBC Locations: Air Canada, cardholder, rideshares, GOL, North America, Mexico, Central America, Caribbean, Europe, Coast, Hawaii, Asia, Canada, Amex
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
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