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☆ This payments firm has Nvidia-like profit margins — and it's even more sustainable, investor says
▼ + stars: | 2024-04-01 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Gooch-Peters pointed to Visa — which has a 60% operating profit margin — as a more sustainable investment opportunity. This creates a strong competitive moat and helps to sustain the company's high profit margins over time. Gerry Fowler, chief European equity strategist at UBS, echoed the sentiment about the importance of a company's competitive moat while picking stocks. The UBS strategist pointed to the attempts of Apple, then the world's biggest company, to break into the payments network sector. The UBS strategist also cautioned that impenetrable moats might sometimes pose a downside risk to investors.

Persons: Hannah Gooch, Peters, you've, Gooch, London Business School . Gooch, " Gooch, Gerry Fowler, Fowler, Flower Organizations: Nvidia, Sanlam Investments, CNBC, London Business School, Visa, Sanlam's, Quality, UBS, Apple, world's, MasterCard, Apple Card, Mastercard, U.S

☆ U.S. or Europe — where's best to invest right now? CNBC Pro Talks goes on the road to find out
▼ + stars: | 2024-03-26 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

This Wednesday at London Business School, CNBC's Steve Sedgwick will ask two market experts where's best to invest right now. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy.

Persons: Steve Sedgwick, Gerry Fowler, Hannah Gooch, Peters, Fowler, Gooch, Hannah Organizations: CNBC, London Business School, UBS, Chief European, Sanlam Investments, BNP Paribas, Citi, Sanlam Locations: Abrdn, London, . New York, Singapore

☆ US' Harris to Visit Parkland Shooting Site, Push New Gun Laws
▼ + stars: | 2024-03-23 | by ( March | At A.M. | ) www.usnews.com time to read: +2 min

"Red flag" laws allow courts to issue "extreme risk protection orders" removing firearms from individuals considered at risk of harming themselves or others. As part of her visit, Harris will call for 29 other states that have no such laws to pass them and encourage 15 more states that have the laws to start using the available federal funds. Florida approved a red flag law after the 2018 shooting but has not used the federal funding, according to the official. Some advocates regard the red flag laws as violating their constitutional right to bear arms, while gun safety advocates point to some studies showing they can prevent some deaths. Republican candidate Donald Trump has previously supported red flag laws but opposed broader measures favored by Biden.

Persons: Trevor Hunnicutt, Kamala Harris, Harris, Marjory Stoneman, Joe Biden, University of Washington School of Medicine . Biden, Donald Trump, Biden, Gerry Doyle Organizations: Marjory Stoneman Douglas High School, White, Parkland, United, Institute for Health Metrics, University of Washington School of Medicine ., Democrat, Republican Locations: Trevor Hunnicutt FORT LAUDERDALE , Florida, Parkland , Florida, Six U.S, Florida, United States

☆ China Coast Guard Says It Took Measures Against Philippine Vessels in South China Sea
▼ + stars: | 2024-03-22 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

MANILA/SHANGHAI (Reuters) -China's coast guard said it had taken control measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippine coast guard decried the moves as "irresponsible and provocative". The incident occurred in the Second Thomas Shoal and Spratly Islands waters, according to the Chinese Coast Guard. A Philippine coast guard vessel was "impeded" and "encircled" by one Chinese coast guard vessel and two Chinese maritime militia vessels, the Philippine Coast Guard said in a separate statement. As a result, the Philippine coast guard vessel was "isolated" from the resupply boat by the "irresponsible and provocative behaviour" of the Chinese maritime forces, the Philippine coast guard said. The China coast guard implements regulations in accordance with laws, and handles matters in a reasonable, legal, and professional manner, Gan said.

Persons: Thomas, Gan Yu, Gan, Neil Jerome Morales, Gerry Doyle Organizations: Chinese Coast Guard, Philippine Coast Guard, Convention Locations: MANILA, SHANGHAI, South, Philippine, Spratly, Manila, China, Philippines, South China, Beijing, Shanghai

☆ Russian Embassy in US in Contact With State Department Ahead of Elections, Ambassador Says
▼ + stars: | 2024-03-10 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The Russian embassy in Washington is in "close contact" with the U.S. State Department ahead of the presidential election in Russia this week to ensure the security of the diplomatic mission, ambassador Anatoly Antonov said on Monday. President Vladimir Putin, who launched a full-scale invasion of Ukraine two years ago, is set to win a new six-year term in the March 15-17 vote. This would enable him to overtake Josef Stalin and become Russia's longest-serving leader for more than 200 years. "We are in close contact with the secret service of the State Department. We expect that the Americans will fulfil their obligations to ensure the security of the diplomatic mission."

Persons: Anatoly Antonov, Vladimir Putin, Josef Stalin, Antonov, Joe Biden's, Biden, Putin, Lidia Kelly, Gerry Doyle Organizations: Reuters, U.S . State Department, State Department, Union Locations: Russian, Washington, Russia, Ukraine, U.S, Moscow, Melbourne

Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Haiyun Jiang/Bloomberg/Getty Images Haley takes the stage at her election night watch party in Charleston, South Carolina, in February 2024. Haley “won’t just go away,” said Katon Dawson, a longtime Haley ally and former chair of the South Carolina Republican Party.

Persons: Nikki Haley, Donald Trump, Haley, Trump, eked, “, ” Haley, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Haiyun Jiang, Nicole Craine, Anna Moneymaker, Kimberly Rice, ”, Haley’s, Ron DeSantis, Charles Koch, ‘ Won’t, “ I’m, Koch, Haley “ won’t, Katon Dawson, Ebony Davis, David Wright, Jennifer Agiesta Organizations: CNN, New, GOP, Trump, Republican Party, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, Republican, Washington Post, Bloomberg, Former South Carolina Gov, Granite State, Super, Florida Gov, Prosperity, New Hampshire, South Carolina, SFA Fund, South Carolina Republican Party Locations: New Hampshire, South Carolina, California, Texas, Vermont, Virginia, North Carolina, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Iowa, Grand Mound , Iowa, Miami, Concord , New Hampshire, Granite, MAGA, Utah, Super, Costa Mesa , California, Texas , Massachusetts, North Carolina , Virginia , Texas

☆ Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubled
▼ + stars: | 2024-03-04 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThe owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. Over the past five years, the Delray Beach market has more than flourished — it has skyrocketed. "But Delray Beach is, without question, one of the region's premier luxury residential markets." An aerial view of the Rockybrook Estate in Delray Beach, Florida. Here's a look inside the 6 bedroom, 10 bathroom Villa Ananda:Aerial view of 9303 Hawk Shadow Lane in Delray Beach.

Persons: Villa Ananda, Daniel Petroni, Senada Adzem, Villa, Adzem, Steve Cohen, Khalil Mack, Gerry Smith, Romeo Santos, Antonio Neri, Neri, Rockybrook, Douglas Elliman, Krent Wieland, Inson Dubois, Liaigre Organizations: CNBC, Miami, Palm, National Football League, Hewlett Packard Enterprise, Adzem, HP Enterprise Locations: Florida, Delray Beach , Florida, Delray Beach, Manhattan , New York, Miami, Delray, Stone, South Florida, Italy's, Adzem

☆ Japan Hosts Ukraine Reconstruction Meeting, Pledges New Tax Treaty
▼ + stars: | 2024-02-18 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

By Sakura MurakamiTOKYO (Reuters) - Japan hosted Ukrainian Prime Minister Denys Shmyhal on Monday in Tokyo to discuss the reconstruction of Ukraine, pledging a new bilateral tax treaty and other support for Japanese businesses as the Ukraine war rages on. "Japan has stood with and continues to stand with Ukraine," Japan's Prime Minister Fumio Kishida said in a speech opening the talks, during which he announced a new bilateral tax treaty and the start of negotiations for an investment treaty without giving details. As Russia's invasion of Ukraine enters its third year, Japan has pledged more than $10 billion worth of financial aid, as it seeks to show solidarity with Kyiv's war effort. He added that he hoped to see major carmakers, including Toyota, create production facilities in Ukraine. At the reconstruction meeting, Kishida said Japan would support venture capital companies in Ukraine, pledged an easing of visa controls, and said government agency JETRO would open a new office in Kyiv.

Persons: Sakura Murakami TOKYO, Denys Shmyhal, Fumio Kishida, Shmyhal, Kishida, JETRO, Sakura Murakami, Gerry Doyle Organizations: Ukrainian, Toyota Locations: Japan, Tokyo, Ukraine, Kyiv

☆ Japan Takes Another Shot at Next-Generation H3 Rocket Launch
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

The Japan Aerospace Exploration Agency (JAXA) plans to launch its second H3 on Saturday from its Tanegashima Space Center in southern Japan. The setbacks of the H3 and another small rocket, Epsilon, have caused widespread delays in Japanese satellite launches. Saturday's H3 launch carries a dumbbell-shaped 2.6-ton dummy mass simulating a satellite payload. Launch operator Mitsubishi Heavy hopes to launch six H3s a year once stable production is established. Another objective is to win orders from global clients, as satellite launch demands have skyrocketed thanks to affordable commercial vehicles such as SpaceX's reusable Falcon 9.

Persons: Kazuto Suzuki, Masayuki Eguchi, Lockheed Martin, Masashi Okada, Okada, Ko Ogasawara, Ogasawara, Kairos, Kantaro Komiya, Gerry Doyle Organizations: SLIM, University of Tokyo, Japan Aerospace Exploration Agency, JAXA, Mitsubishi Heavy Industries, Mitsubishi, Epsilon, Canon Electronics, U.S, European Space Agency, United Launch Alliance Vulcan, Boeing, Lockheed, Tokyo University of Science, Technologies Locations: TOKYO, Japan, United States, India, Tokyo

☆ North Korea Fires Multiple Cruise Missiles off Its East Coast -South Korea Military
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - North Korea fired multiple cruise missiles off its east coast on Wednesday, South Korea's military said. The missiles were launched about 9 a.m. Wednesday (0000 Tuesday GMT) off the eastern coastal city of Wonsan, the Joint Chiefs of Staff (JCS) said. "While strengthening surveillance and vigilance, our military is cooperating closely with the United States and closely monitoring additional signs and activities from North Korea," the JCS said in a statement. (Reporting by Hyonhee Shin; Editing by Muralikumar Anantharaman and Gerry Doyle)Photos You Should See View All 22 Images

Persons: Hyonhee Shin, Muralikumar Anantharaman, Gerry Doyle Organizations: Joint Chiefs of Staff Locations: SEOUL, North Korea, Wonsan, United States

☆ Bulker Was Targeted by Missiles in Bab Al-Mandab - Ambrey, UKMTO
▼ + stars: | 2024-02-12 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

DUBAI (Reuters) -British maritime security firm Ambrey said on Monday that a Marshall Islands-flagged, Greece-owned bulk carrier was targeted by missiles in two incidents within two minutes while transiting through the Bab al-Mandab Strait. The bulker was reportedly hit and suffered damage to its the starboard side, Ambrey added. Ambrey had first reported that the carrier had sighted a projectile near the vessel 23 nautical miles (43km) northeast of Djibouti's Khor Angar and 40 nautical miles southwest of Yemen's Red Sea port city of Mokha. War in Israel and Gaza View All 206 ImagesAmbrey added that the bulker was reportedly headed to Bandar Imam Khomeini, a city in Iran. The crew were unharmed, UKMTO said, and the vessel is proceeding to its next port of call, UKMTO said.

Persons: Ambrey, Djibouti's Khor, Bandar Imam Khomeini, UKMTO, Nayera Abdallah, Tala, Christopher Cushing, Gerry Doyle Organizations: Reuters, NASDAQ, United Kingdom Maritime Trade Operations Locations: DUBAI, Marshall, Greece, Mandab, Djibouti's, Yemen's, Mokha, Israel, Gaza, Bandar, Iran, Yemen, Africa

☆ Israel Strikes Rafah Refugee Camp, 22 Killed, Local Health Officials Say
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

JERUSALEM (Reuters) - Israeli strikes on Gaza's southern city of Rafah killed 22 people and wounded dozens, local health officials said on Monday, after U.S. President Joe Biden told Israel not to attack Rafah without a credible plan to protect civilians. The Israeli military said on Monday it had conducted a "series of strikes" on southern Gaza that have now "concluded," without providing further details. Before previous assaults on Gaza cities, Israel's military has ordered civilians to leave without preparing any specific evacuation plan. It is the last relatively safe place in an enclave devastated by Israel's military offensive. Hamas militants killed 1,200 people in southern Israel and abducted at least 250 in their Oct. 7 incursion, according to Israeli tallies.

Persons: Joe Biden, Israel, Benjamin Netanyahu, Biden, Netanyahu, Emily Rose, Nidal, Michael Perry, Gerry Doyle Organizations: U.S, Reuters, Biden, Sunday, Hamas, Aqsa Television Locations: JERUSALEM, Rafah, Israel, Gaza, U.S

☆ Signs of Rare Unrest Among North Korean Workers in China, Researchers Say
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

By Ju-min ParkSEOUL (Reuters) - South Korea's intelligence agency says poor conditions for North Koreans working overseas have led to "incidents and accidents", while researchers report rare protests and unrest in China among workers from a North Korean military-linked trading company. Fed up with unpaid wages and lingering pandemic lockdowns, as many as 3,000 North Korean workers in China staged protests last month, according to two South Korean government-affiliated researchers, including a former North Korean diplomat. The North Korean embassy in Beijing and its consular office in the Chinese border city of Dandong did not respond to calls from Reuters seeking comment. South Korea's unification ministry said in a report last year that China and Russia were hosting North Korean workers despite the sanctions. That's not easy now, given the North Korean regime wants to keep them in China to raise money for the government."

Persons: Cho Han, Cho, Ko Young, Ko, Jimin Jung, Josh Smith, Eduardo Baptista, Antoni Slodkowski, Laurie Chen, Gerry Doyle Organizations: North, . State, Korea Institute for National, South, Korea's National Intelligence Service, Security, Koreans, U.S . State Department, NIS Locations: SEOUL, China, North Korean, Beijing, Dandong, North Koreans, North Korea, Pyongyang, Korean, Helong, Jilin province, Jilin, Russia, Seoul

☆ EU Parliament Strips Former VP Eva Kaili of Immunity in Fraud Case
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - The European Parliament on Tuesday afternoon stripped its former vice-president Eva Kaili of her immunity, clearing the way for an investigation of Kaili's alleged involvement in a 150,000 euro ($161,355) EU budget fraud case from 2015. The fraud case is unrelated to the corruption scandal dubbed Qatargate, in which the Greek politician is also involved. The report that was put to vote states that in the fraud case Kaili is accused of fraudulently spending between €120,000 and €150,000 of public money. The office of Kaili's lawyer, Spyros Pappas, did not immediately reply to a Reuters' request for comment but Pappas told news outlet Politico before the vote that he would take further legal action if Kaili's immunity were lifted. He told Politico that the notion that Kaili could serve prison time based on the outcome of the investigation is “at this stage rather premature and unsubstantiated”.

Persons: Eva Kaili, Kaili's, Spyros Pappas, Pappas, Charlotte Van Campenhout, Gerry Doyle Organizations: EU, Politico Locations: BRUSSELS

☆ US Faces Heightened Risk From Russia, North Korea, Treasury Financing Report Finds
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - The United States faces heightened risk from Russia, which is trying to acquire goods with military applications, the U.S. Treasury Department said in fresh National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing released on Wednesday. The United States also faces heightened risk from North Korea, the Treasury Department said, as networks linked to Pyongyang increasingly exploit the digital economy, including through hacking virtual asset service providers. The report includes ways Hamas exploits the international financial system, including through solicitation of funds from witting and unwitting donors, the Treasury Department said. The United States has sought to cut off funding for the group after its deadly attack on Israel in October. The proliferation of domestic violent extremist movements also pose more threats to the United States, the department said.

Persons: Brian Nelson, Daphne Psaledakis, Gerry Doyle Organizations: WASHINGTON, U.S . Treasury Department, United, Treasury Department, Terrorism, Financial Locations: United States, Russia, Ukraine, North Korea, Pyongyang, Israel

☆ At Least 6, Including Children, Feared Dead in Philadelphia-Area Fire
▼ + stars: | 2024-02-07 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Six to eight people are feared dead in a house fire that broke out near Philadelphia on Wednesday, and two police officers responding to the blaze were wounded by gunfire from inside the home, officials said. The suspected shooter was believed to have set fire to the home and was among those still inside, Delaware County District Attorney Jack Stollsteimer said. The fire was burning too intensely to enter, so officials said they would wait until Thursday to search for victims, Stollsteimer told reporters. We know the victim's family had a lot of people living in that house including children. We're aware that there were at least six to eight people who are unaccounted for from that family," Stollsteimer said.

Persons: Jack Stollsteimer, Stollsteimer, Daniel Trotta, Gerry Doyle Organizations: Reuters Locations: Philadelphia, Delaware County, East Lansdowne

☆ Nikki Haley goes after Trump and Biden as ‘grumpy old men’ even as she courts older voters in South Carolina
▼ + stars: | 2024-02-06 | by ( Aaron Pellish | Kylie Atwood | ) edition.cnn.com time to read: +16 min

But the Haley campaign is also courting the support of South Carolina retirees, a growing portion of the Republican primary voter pool. She said on Twitter that this was her first Christmas card when she announced she would be running for the South Carolina state legislature. Nikki Haley/Twitter Haley celebrates with her family after being elected governor of South Carolina in November 2010. Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Demetrius Freeman/The Washington Post/Getty Images Haley visits a farm during a campaign stop in Grand Mound, Iowa, in September 2023.

Persons: Hilton, Nikki Haley, ” Haley, Donald Trump’s, Trump, Joe Biden, Haley, Maureen Bulger, intently, ” Bulger, “, ”, Biden, NBC’s, Ron DeSantis, Anna Memmo, it’s, ” Memmo, Ray Makalous, he’s, ” Makalous, Laura Holtzman, “ Trump, ” Holtzman, ” ‘, ’ Haley, aren’t, Larry Greenwold, ” Greenwold, Greenwold, he’d, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Ed Spears, Spears, ” Spears, Carol Carty, ” Carty, “ It’s, that’s, “ I’ve, Trumper Organizations: , South Carolina CNN, South, Republican, Census Bureau, Biden, Hilton Head, New, Democratic, Republican Party, Trump, Florida Gov, Washington Post, Monmouth University, United Nations, CNN, State House, New York Times, Twitter, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention Locations: , South Carolina, South Carolina, New Jersey, United States, New Hampshire, Trump, Iowa, Virginia, Hilton Head, Kansas, New York, CNN’s New Hampshire, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, Syrian, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Grand Mound , Iowa, Miami

☆ Russian Attack on Ukraine's Kharkiv Kills 2-Month-Old Baby - Governor
▼ + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - A Russian attack overnight on a village in the northeastern Ukrainian Kharkiv region killed a 2-month-old boy and injured his mother, the regional governor said on Tuesday. Two other women were injured and were taken to a hospital with shrapnel wounds, Synehubov said. The National Police said more than 30 buildings, including private houses, a cafe, shops and private cars were damaged in the attack. Both Russia and Ukraine deny targeting civilians in their attacks that they say are aimed at destroying each other's military and other critical infrastructure. The Latest Photos From Ukraine View All 91 Images(Reporting by Lidia Kelly in Melbourne.

Persons: Oleh Synehubov, Synehubov, Lidia Kelly, Gerry Doyle Organizations: Reuters, The National Police Locations: Ukrainian Kharkiv, Russia, Ukraine, Melbourne

☆ Australia and China: Rebound in Ties Threatened by Death Sentence for Australian Writer
▼ + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +4 min

China's then ambassador to Australia says that in response to the call, the Chinese public would boycott Australian wine, beef and tourism. Nov. 27, 2020 - China will impose temporary anti-dumping tariffs on Australian wine, China announces. Jan. 3, 2023 - China allows three government-backed utilities and its top steelmaker to resume coal imports from Australia. Oct. 11, 2023 - China releases Australian journalist Cheng Lei after three years in a Beijing prison on national security charges. Oct. 22, 2023 - China agrees to review dumping tariffs of 218% on Australian wine, potentially clearing way for the resumption of imports.

Persons: Yang Hengjun, Anthony Albanese, China's, Cheng Lei, Albanese, Xi Jinping, Jan, Li, Kirsty Needham, Antoni Slodkowski, Gerry Doyle Organizations: SYDNEY, South China, Huawei Technologies Co, Australia's Labor Party Locations: Beijing, Canberra, China, South, Australia, Indonesia, Japan

☆ Man, Dog Safe After Helicopter Rescue Amid Los Angeles Floods
▼ + stars: | 2024-02-05 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - A man and his dog were safe on Monday after the man jumped into raging Los Angeles floodwaters to save his pet and was rescued by firefighters, who plucked him out in a dramatic helicopter rescue, officials said. Los Angeles Fire Chief Kristin Crowley announced the rescue at a news conference regarding the intense flooding from an atmospheric river has pounded California for two days. The National Weather Service has called it one of the three wettest storm systems in recorded Los Angeles history. Video posted on social media showed a rescuer on a tether being lowered by helicopter into the rapids of the Pacoima Wash, a concrete flood channel in the San Fernando Valley that feeds the Los Angeles River. "He was later treated at a local hospital and his canine was able to swim to the edge and escape the rapids," Crowley said.

Persons: Kristin Crowley, Crowley, Daniel Trotta, Gerry Doyle Organizations: Reuters, Los Angeles Fire, National Weather Service Locations: Los, California, Los Angeles, San Fernando Valley

☆ Sports investing has taken off, but the biggest prize in the industry remains almost untouchable
▼ + stars: | 2024-01-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 3 things in marketsJim Esposito, Goldman Sachs' head of global markets and banking, is set to retire from the bank, the firm said Monday. Jim Esposito is leaving Goldman Sachs after nearly 30 years. While he didn't share his next move, he told peers he'd "bleed Goldman Sachs forever." Goldman Sachs says rate cuts need to be on the menu in March.

Persons: —, Brooks Koepka, Rory McIlroy, Keyur Khamar, Marc Lasry, Steve Cohen, Aaron Mok, LeBron James, — Arthur Blank, Gerry Cardinale, Goldman Sachs, who's, Lasry, Cohen, Point72, it's, Patrick Smith, Peacock, David Tepper, Jim Esposito, We've, he'd, Jean Boivin, David Mericle, NurPhoto, Getty, Javier Zayas, Kevin Winter, Tyler Le, Critics, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Costco, Getty, PGA Tour, Fenway Sports Group, NFL's Atlanta Falcons, Capital Group, Milwaukee Bucks, New York Mets, NFL, Denver Broncos, Washington, Washington Post, Kansas City Chiefs, San Francisco 49ers, Carolina Panthers, BlackRock, Spotify, Apple, Google, Entertainment, Netflix, Studios, HBO, Disney, Walmart, Microsoft, Business Locations: Vegas, BlackRock, New York, London

☆ ASML and more: UBS names sectors and over 10 global stocks to play right now
▼ + stars: | 2024-01-25 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

Europe is set for a "weak stagnation" that will dampen the market, but several sectors and stocks stand out to UBS as good plays this year as growth stabilizes and inflation slows. "Our macro outlook for Europe is for a weak stagnation that takes European equities modestly lower but delivers another year of actionable divergences between sectors and stocks," UBS analysts led by Gerry Fowler wrote in a Jan. 19 note. "In 2024, we think the factors that will perform are domestic (smaller companies), quality and growth," the analysts wrote, adding that slower growth and lower yields should reduce the headwinds for the valuations of growth stocks. 'Well-positioned, domestic, quality, growth companies' "Well-positioned, domestic, quality, growth companies" that UBS has given buy ratings include Spanish clothing company Industria de Diseno Textil, British bakery chain Greggs and online real estate platform Rightmove as well as French construction player Vinci . It has a buy rating on ASML Holdings , SAP , Infineon Holdings and Capgemini , giving them potential returns of 22%, 17%, 40% and 10%, respectively.

Persons: Gerry Fowler, Vinci, — CNBC's Michael Bloom Organizations: UBS, International Monetary Fund, Industria de Diseno Textil, Software, Gartner, ASML Holdings, SAP, Infineon Holdings Locations: Swiss, Europe, Spanish, China

☆ Nikki Haley wants a two-person race. New Hampshire’s independents just might give her one
▼ + stars: | 2024-01-21 | by ( Arit John | Jeff Zeleny | ) edition.cnn.com time to read: +16 min

Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Tim Dominick/The State/MCT via Getty Images Haley campaigns for presidential candidate Mitt Romney in 2012. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Demetrius Freeman/The Washington Post/Getty Images Haley visits a farm during a campaign stop in Grand Mound, Iowa, in September 2023.

Persons: Hollis, Hollis , New Hampshire CNN — Danielle Brown, John McCain, Barack Obama, Nikki Haley, ” Brown, Haley, “ Haley, Chris Sununu, Trump, Trump . Sen, Tim Scott of, ”, ” Haley, Sununu, “ Nikki Haley, ” Trump, Greg Moore, Charles Koch, Moore, “, ” Moore, Susan Rice, Trump . Rice, “ I’m, ” Rice, ” Michael Lewis, Donald Trump, ” Lewis, “ There’s, “ MAGA, GOP Sen, J.D, Vance of, Sylvia, ” Bill Jackson, “ She’s, She’s, we’ve, they’re, Trump –, Biden, Joe Biden, Ron DeSantis, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Nikki Haley Prev, CNN’s KFile, “ You’re, Nancy Protzmann, ” Protzmann, –, don’t, Ebony Davis, Ali Main Organizations: Hollis , New Hampshire CNN, New Hampshire Republican, Democratic, South Carolina Gov, Trump, Hampshire GOP, Republican Party coalesces, Trump ., Republicans, Republican, AFP, White House, Republican Party, Hollis, NATO, Republican National, Convention, Fox News, GOP, Vance of Ohio, “ Republican, Marist, Biden, Florida Gov, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, CNN, Washington Post, Social Security, Social Locations: Hollis , New Hampshire, Granite, New Hampshire, Haley’s, Hampshire, South Carolina, Trump, Tim Scott of South Carolina, Concord, Washington, Newfields, Hampton, Manchester, Portsmouth, Rochester, Maine, Kingston, Nashua, she’s, Iowa, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Grand Mound , Iowa, Miami, Hollis

ARLINGTON, Texas (AP) — When the Texas Rangers retired Adrián Beltré's No. All those Hall of Fame third basemen told Beltré that night in 2019 they would see him in Cooperstown as soon as he became eligible for election. Beltré was among 12 first-timers and 26 players overall on the ballot for the Class of 2024 that will be revealed Tuesday. “I don’t know how I’m going to feel,” Beltré said when asked about that possibility of being a first-ballot pick. Players who get 75% of the votes submitted by Dec. 31 will make the Hall, and Beltré has consistently been well above that threshold according to Ryan Thibodaux’s Hall of Fame ballot tracker.

Persons: Adrián, George Brett, Mike Schmidt, Chipper Jones, Beltré, ” Schmidt, Brooks, ” Beltré, — Beltré, Ryan Thibodaux’s, Scott Rolen, Ivan Rodríguez, Gerry Davis motioned, “, ” Brett, Elvis Andrus, Andrus, Michael Young, ” Young, ___ Organizations: Texas Rangers, of Fame, Rangers, Seattle, Dodgers, Los, Boston Red Sox Locations: ARLINGTON , Texas, Cooperstown, Texas, Los Angeles, Seattle

That's when Rep. Elise Stefanik, the hard-charging upstate New York Republican, came up, according to a person at the dinner table. At the thought of Stefanik as a possible choice for vice president, Trump nodded approvingly. "I'm not going to get into any of my conversations with President Trump. In New York, Stefanik is known as a frequent presence not only in her district but across the state — and someone who can easily be reached. Aside from Stefanik, Bannon ticked through his view of Trump's deep bench of potential VP picks.

Persons: Elise Stefanik, Joe Biden's, Donald Trump, Trump, Stefanik, Steve Bannon, Trump's, Mike Pence, Mitt Romney's, I'm, NBC's, Pence, Dan Goldman, —, Gerry Kassar, General Merrick Garland, Michael Cohen, Jack Smith's, MAGA, Bannon, Kevin Hern, Kristi Noem, Sarah Huckabee Sanders, Sen, Marsha Blackburn, Kari Lake, Nikki Haley, Haley, Stefanik's, Barack Obama, Gavin Wax, Elise, Wax, Roger Stone, Stone, She's, it's, It's Organizations: Capitol, Mar, Republican, New, New York Republican, Trump raved, Trump, Harvard, University of Pennsylvania, Massachusetts Institute of Technology, White, White House, NBC, New York, Conservative, House Republican Conference, GOP, Senate, South Dakota Gov, Wall, Fox, New York Young Republican Club, It's Trump Locations: Washington, WASHINGTON, New York, Stefanik, Iowa, Trump, York, Briarcliff Manor, N.Y, Lago, Arkansas, Arizona, Stefanik's New York

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