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CNN —More than 50 children are among 135 people killed in Sunday’s bridge collapse in India’s Gujarat state, according to a list of victims published by state authorities on Wednesday. Rescue workers conduct search operations after a bridge across the river Machchhu collapsed at Morbi in India's Gujarat state on October 31, 2022. A shoe lies near a damaged suspension bridge in Morbi, India, November 1, 2022. Mourners take part in a funeral procession while carrying the coffins of victims who died after a bridge across the river Machchhu collapsed at Morbi in India's Gujarat state on October 31, 2022. Indian Prime Minister Narendra Modi visited the site of the deadly bridge collapse in western India on Tuesday.

☆ Elon Musk has pulled more than 50 Tesla employees into his Twitter takeover
▼ + stars: | 2022-10-31 | by ( Lora Kolodny | ) www.cnbc.com time to read: +7 min

Nurphoto | Nurphoto | Getty ImagesNew Twitter owner Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, into his Twitter takeover, CNBC has learned. At Twitter, Musk is counting on his lieutenants and loyalists to decide who and what to cut or keep at the social network. It is not immediately clear how Tesla employees are expected to split their schedules between the automaker and Twitter. Typically, when Tesla employees work for other Elon Musk ventures, usually SpaceX or the Boring Company, they can get paid by the other venture as a consultant. Employees say Musk wants that work done by the first week of November.

☆ Indians revel in Rishi Sunak’s rise to the U.K.’s top job
▼ + stars: | 2022-10-25 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +4 min

Narendra Modi, the prime minister of majority Hindu India, quickly congratulated Sunak. “Special Diwali wishes to the ‘living bridge’ of UK Indians, as we transform our historic ties into a modern partnership,” he tweeted. “The reaction is of admiration, aspiration that they could get to a similar position and happiness that one of their own has got the position,” Dogra said of the worldwide reaction among Hindus. Pedestrians walk past paintings of Britain's Prime Minister Rishi Sunak in Mumbai on Tuesday. Sunak visited different temples in London and was seen participating in a cow ritual during his losing campaign for prime minister against Liz Truss in August.

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File PhotoNEW YORK, Oct 19 (Reuters) - Goldman Sachs Group Inc's (GS.N) strategy pivot has solved one problem for investors who didn't love its foray into consumer banking. Solomon's response: Goldman Sachs is focusing on its fundamental operations while maintaining its financial targets. "Ultimately the investment banking business is a great business, it has always done well," he said. "While the consumer strategy has been successful in generating deposits for Goldman Sachs, its expansion has also been costly in terms of operating expenses and provisions.

☆ Goldman to merge investment banking, trading as Marcus takes backseat
▼ + stars: | 2022-10-18 | by ( Saeed Azhar | Lananh Nguyen | ) www.reuters.com time to read: +4 min

The group’s reorganization sees its investment banking and trading businesses merged into a single unit, two people familiar with the matter told Reuters. It is the biggest shakeup since the company’s investor day in early 2020 when it outlined plans for four core units: investment banking, global markets, consumer and wealth management and asset management. “They’re excellent at trading, excellent (at) investment banking,” said Marinac. But the consumer banking unit that launched in 2016 has struggled to gain traction and suffered from delays. The combined investment banking and trading group will be overseen by Dan Dees and Jim Esposito, who are currently global co-heads of Goldman’s investment banking division, and Ashok Varadhan, now co-head of its global markets division, according to Bloomberg.

☆ Goldman Sachs names new leadership trio
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, Oct 18 (Reuters) - Goldman Sachs (GS.N) outlined its leadership team for its new core business units on Tuesday as the Wall Street giant undertakes its biggest overhaul since 2020. The bank named Ashok Varadhan, Dan Dees and Jim Esposito as global co-heads of Global Banking & Markets while Marc Nachmann will be global head of the asset and wealth management division. Stephanie Cohen will become global head of Platform Solutions, the bank said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Saeed Azhar and Lananh Nguyen Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Marcus, Goldman's consumer banking business, will be absorbed into the wealth unit, the sources said, confirming an earlier Wall Street Journal report. Register now for FREE unlimited access to Reuters.com RegisterThis is the biggest shakeup since the company's investor day in early 2020 when it outlined plans for four core units: investment banking, global markets, consumer and wealth management and asset management. The reorganization comes as the Wall Street titan seeks to boost its income from fee-based businesses and cut its reliance on volatile trading and investment banking revenues. The changes also signal Marcus, the consumer unit, is being relegated after Chief Executive Officer David Solomon expressed big ambitions to build a mainstream digital bank. But the consumer banking unit that launched in 2016 has struggled to gain traction and suffered from delays.

☆ Goldman plans major overhaul to combine key units -source
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +4 min

Oct 16 (Reuters) - Goldman Sachs (GS.N) is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and trading businesses being merged into a single unit, a source familiar with the matter told Reuters. It would mean CEO David Solomon's ambition to build a mass-market digital bank via consumer banking unit Marcus will take a backseat. The combined investment banking and trading group will be overseen by Dan Dees and Jim Esposito, who are currently global co-heads of Goldman's investment banking, and Ashok Varadhan, now co-head of its global markets division, according to a report from Bloomberg. Goldman reported a 48% slump in second-quarter profit, which beat forecasts due to gains in fixed-income and commodities trading. But the consumer banking unit, launched in 2016, is still struggling to gain traction, and will be brought into asset and wealth management.

☆ Goldman plans major overhaul, to combine investment banking and trading -WSJ
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +4 min

Oct 16 (Reuters) - Goldman Sachs (GS.N) is planning a major reorganization as part of which its storied investment banking and trading businesses will be combined, while consumer banking will be absorbed by its wealth unit, the Wall Street Journal reported on Sunday. The move comes as the Wall Street titan has sought to cut its reliance on volatile trading and investment banking revenues by boosting its fee-based businesses. It would mean CEO David Solomon's ambition to build a mass-market digital bank via consumer banking unit Marcus will take a backseat. Goldman will combine the investment banking and trading businesses into one unit, while merging asset and wealth management into another, the report said. But the consumer banking unit, launched in 2016, is still struggling to gain traction, and will be brought into asset and wealth management.

☆ Who's up and who's down in the latest Goldman Sachs restructuring under CEO David Solomon
▼ + stars: | 2022-10-17 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +9 min

And he will also oversee a wealth management business that is now going to include portions of the consumer business, but wrapped in a wealth management offering. Both, according to Bloomberg's reporting, are being demoted to senior positions within Nachmann's asset and wealth management division. Stephanie CohenAnother executive thought by insiders to have lost some of her territory is Stephanie Cohen, the co-head of the consumer and wealth management division. Had Cohen been able to successfully helm the consumer and wealth management division alongside Tucker York, the currently discussed changes wouldn't have been needed, the people said. Cohen's co-head, York, will now return to his prior role of running the bank's successful private wealth management business.

☆ ‘The Joy Luck Club’ is getting a sequel
▼ + stars: | 2022-10-12 | by ( ) www.nbcnews.com time to read: +2 min

Novelist Amy Tan and Oscar-winning “Rain Man” screenwriter Ron Bass are on board to deliver a sequel to “The Joy Luck Club,” the 1993 movie that broke new ground for Asian American representation. The new film, “Joy Luck Club 2,” is set up at Ashok Amritraj’s Hyde Park Entertainment Group, with Ashok and Priya Amritraj producing alongside Tan, Bass and Jeff Kleeman. The original “Joy Luck Club,” directed by Wayne Wang, was an epic, multigenerational saga of Chinese and Chinese-American mothers and daughters, whose histories, stories and lives interweave as they navigate life. In “Joy Luck Club 2,” the mothers become grandmothers and the daughters become mothers in their own right, introducing a new generation exploring their own relationships with culture, heritage, love, womanhood and identity. The original film debuted in limited commercial release in September 1993 and also played at the Toronto International Film Festival.

☆ How to be a smart holiday shopper
▼ + stars: | 2022-10-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN Business —It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas trees, turning on the holiday music and dangling sales from now until January. Soon will come way-too-early Black Friday promotions weeks before the actual shopping holiday, then the December-long sales events and post-holiday clearance deals. Shopping smart may feel more challenging in this environment, but retail analysts and researchers have tips for deciding when and what to buy. Many major stores have extended their holiday price match policies to cover a longer time period. So make sure to be a smart shopper even after you buy.

☆ India's Congress party likely to get first non-Gandhi chief in 25 years
▼ + stars: | 2022-09-26 | by ( Manoj Kumar | ) www.reuters.com time to read: +2 min

A supporter waves a flag of India's main opposition Congress party at a massive rally organised by the party against inflation, at Ramlila Ground, in New Delhi, India, September 4, 2022. REUTERS/Anushree FadnavisNEW DELHI, Sept 26 (Reuters) - India's main opposition Congress party is likely to elect a new party president from outside the Nehru-Gandhi dynasty for the first time in nearly 25 years, as it looks for a reset ahead of the next election to compete with Prime Minister Narendra Modi. Many senior Congress leaders have quit to form their own party or to join the BJP, blaming the weak Congress leadership of Rahul Gandhi, the son of ailing party president Sonia Gandhi, who took charge temporarily in 2019. Sonia Gandhi, the widow of former Prime Minister Rajiv Gandhi, led the party uninterrupted for nearly two decades until 2017. Rahul Gandhi, who took over from her but resigned in 2019 following the drubbing by Modi's party, has declined to stand in the party election.

☆ India is the 'best bet' in the global economy, says conglomerate exec
▼ + stars: | 2022-09-20 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The India chairman of conglomerate Hinduja Group said he's bullish on India, which he called "the very great emerging, fast moving market." The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. "The credit goes to our prime minister," he said, referring to Prime Minister Narendra Modi. Tensions between India and China sharpened in 2020 after their troops clashed on a shared border, and remain strained. More recently, Western countries have criticized India for increasing its purchases of Russian oil as that country's invasion Ukraine rumbles on.

☆ (video) Recomandări de la Mircea, fără spoilere: cinci filme care șochează prin diferențele de cultură
▼ + stars: | 2021-05-22 | by ( Onixmedia Srl | ) diez.md time to read: +9 min

Chiar și azi îmi amintesc vocea copilului care s-a uitat pe geam și a strigat „Mama, se Roma!”. M-am pomenit dintr-o dată într-o lume a lui Fellini, plină de impulsivitate, mult suflet și aviație. De data aceasta, am selectat cinci filme care, pe lângă narațiunea captivantă pe care o au la bază, vin să ne prezinte o lume diferită de cea pe care ne-am obișnuit s-o vedem. Încă din primele minute, ești atras într-o lume nemiloasă încât uiți îndată că privești un desen animat. E vorba de o lume a tabuurilor pe care o cunoaștem doar din știri sau interviuri.

Persons: montez, Fellini, Aravind, Ashok, Netflix, Asghar, Emad, Ranaa, Andrei Zveaghințev, Andrei, Dimitri, Kolea, Anwar, Meryem Organizations: The, Booker, HBO GO, Amazon Studios, iTunes Locations: Roma, Barlam, Indiei, India, Kabul, Teheran, Veneția, Medan, Indonezia, Turciei

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