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☆ Some Goldman Sachs partners want to tell the board about their concerns over CEO David Solomon
  + stars: | 2023-02-08 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +15 min
A decline in morale at the Wall Street firm concerns some Goldman partners. Here are their concerns about CEO David Solomon, who addressed the partners in Miami. CEO David Solomon addressed Goldman Sachs' partners today at the firm's annual partners meeting in Miami. There's little history for Goldman partners taking their concerns directly to the board. Since then, according to someone who has spoken to investors, more shareholders have questioned how long Solomon can last as Goldman's CEO.
☆ China's Tencent wants to expand its presence in Singapore — and Chinese tourists are a big reason
  + stars: | 2023-02-03 | by ( Kimberley Kao | ) www.cnbc.com   time to read: +3 min
Budrul Chukrut | Sopa Images | Lightrocket | Getty ImagesTencent is expanding its presence in Singapore — and China's a big reason. The Chinese tech giant has struck new partnerships with Singapore businesses such as ride-hailing app Grab through its digital messaging app, WeChat/Weixin. In Grab's mini-program, Chinese travelers can also choose to pay via WeChat/Weixin Pay in Chinese yuan. "Chinese travelers represented the largest group of non-Southeast Asian users using the Grab app in 2019," he added. Singapore did not tighten travel restrictions for Chinese travelers after China announced the easing of its border controls.
☆ Australia's radioactive capsule to be moved to storage as investigation starts
  + stars: | 2023-02-02 | by ( Lewis Jackson | ) www.reuters.com   time to read: +3 min
[1/2] A view shows the area where a radioactive capsule was found, near Newman, Australia, February 1, 2023. The week-long search retracing the truck's journey involved 100 people from at least five government agencies using specialised radiation detection equipment. Capsule was found south of the town of Newman after a week-long search. Western Australia's Chief Health Officer Andrew Robertson launched an investigation on Wednesday and said prosecutions would be considered under state radiation safety laws dating to 1975. A report for Western Australia's Health Minister is due in several weeks.
☆ Missing radioactive capsule found in Western Australia
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, Feb 1 (Reuters) - Australian authorities on Wednesday found a radioactive capsule that was lost in the vast Outback after nearly a week-long search along a 1,400 km (870-mile) stretch of highway, an emergency services official said. The military was verifying the capsule and it would be taken to a secure facility in the city of Perth on Thursday, Emergency Services Minister Stephen Dawson said in a news conference. The radioactive capsule was part of a gauge used to measure the density of iron ore feed from Rio Tinto's (RIO.AX) Gudai-Darri mine in the state's remote Kimberley region. The ore was being taken to a facility in the suburbs of Perth - a distance longer than the length of Great Britain. The silver capsule, 6 mm in diameter and 8 mm long, contains Caesium-137 which emits radiation equal to 10 X-rays per hour.
☆ Australia aims for bigger fines a week into Outback hunt for radioactive capsule
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +3 min
[1/3] Members of the Incident Management Team coordinate the search for a radioactive capsule that was lost in transit by a contractor hired by Rio Tinto, at the Emergency Services Complex in Cockburn, Australia, in this undated handout photo. Department of Fire and Emergency Services/Handout via REUTERSSYDNEY, Feb 1 (Reuters) - Authorities in Australia will review laws that penalise the mishandling of radioactive material with a A$1,000 ($707) fine as a search for a hazardous capsule lost in the Outback enters a seventh day. The penalty for failing to safely handle radioactive substances is A$1,000 and A$50 per day the offence continues, according to state legislation from 1975. The silver capsule, 6 mm in diameter and 8 mm long, contains Caesium-137 which emits radiation equal to 10 X-rays per hour. Authorities suspect vibrations on the bumpy road loosened screws and a bolt on the gauge letting the capsule fall out.
☆ Australia’s nuclear safety agency joins hunt for radioactive capsule
  + stars: | 2023-01-31 | by ( Melanie Burton | ) www.reuters.com   time to read: +1 min
MELBOURNE, Jan 31 (Reuters) - Australia’s nuclear safety agency said on Tuesday it had joined the hunt for a radioactive capsule missing in the west of the country. Australian Radiation Protection and Nuclear Safety Agency (ARPANSA) is working with the Western Australian government to locate the capsule, it said in a statement. The capsule, believed to have fallen from a truck, was part of a gauge used to measure the density of iron ore feed which had been entrusted to a specialist contractor to transport. The loss may have occurred up to two weeks ago. Reporting by Melanie Burton in Melbourne Editing by Alasdair PalOur Standards: The Thomson Reuters Trust Principles.
☆ Explainer: How did a radioactive capsule go missing in Australia and how dangerous is it?
  + stars: | 2023-01-31 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, Jan 31 (Reuters) - Australian authorities are mounting an extensive search for a tiny radioactive capsule believed to have fallen out of a road train - a truck with multiple trailers - that travelled 1,400 km (870 miles) in Western Australia. When it was unpacked on Jan. 25, it was found broken apart, with one of its four mounting bolts as well as screws and the capsule missing. Authorities suspect vibrations from the road train caused the gauge to break apart and the capsule fell out. The road train travelled from the mine in the state's remote Kimberley region and arrived at a storage facility in the suburbs of Perth on Jan. 16. The search involves at least five other government agencies including the Department of Defence, the police, the Australian Nuclear and Science Technology Organisation and the Australian Radiation Protection and Nuclear Safety Agency.
☆ Australia deploys more experts, equipment to search for lost radioactive capsule
  + stars: | 2023-01-31 | by ( Melanie Burton Lewis Jackson | Melanie Burton | Lewis Jackson | ) www.reuters.com   time to read: +3 min
The Department of Fire and Emergency Services said on Monday that it would take five days to retrace the road train's route. Authorities suspect vibrations from the road train caused the screws and a bolt from the gauge to come loose, and then the capsule fell out. A member of the Incident Management Team coordinates the search for a radioactive capsule that was lost in transit by a contractor hired by Rio Tinto, at the Emergency Services Complex in Cockburn, Australia, in this undated handout photo. Department of Fire and Emergency Services/Handout via REUTERSCenturion said in a statement that the capsule was dislodged from equipment contained in a crate. "The equipment can detect radiation emitted by the missing capsule and is currently being used around the Perth metropolitan area and outskirts."
☆ Australia searches for tiny radioactive capsule believed to be lost on desert highway
  + stars: | 2023-01-30 | by ( ) www.cnbc.com   time to read: +2 min
Rio Tinto apologized on Monday for the loss of a tiny radioactive capsule believed to have fallen from a truck that has sparked a radiation alert across parts of the vast state of Western Australia. It is unclear how long the radioactive capsule, part of a gauge used to measure the density of iron ore feed, has been missing. The gauge was picked up by a specialist contractor from Rio's Gudai-Darri mine site on Jan. 12. Authorities suspect vibrations from the truck caused the screws and the bolt to come loose, and the radioactive capsule from the gauge fell out of the package and then out of a gap in the truck. The silver capsule, 6 millimeters in diameter and 8 mm long, contains Caesium-137 which emits radiation equal to 10 X-rays per hour.
☆ Rio Tinto apologises after radioactive capsule lost in Australia
  + stars: | 2023-01-29 | by ( ) www.reuters.com   time to read: +2 min
MELBOURNE, Jan 30 (Reuters) - Rio Tinto Ltd's (RIO.AX) iron ore division chief Simon Trott apologised on Monday after a contractor hired by the mining giant lost a radioactive capsule in transit in Western Australia which sparked a radiation alert across parts of the state. We recognise this is clearly very concerning and are sorry for the alarm it has caused in the Western Australian community," Trott said in a statement. Early reports suggested the loss was not discovered for almost two weeks after the capsule left Rio's Gudai-Darri mine site. Rio said it was informed by the contractor the capsule was missing on Jan. 25. "We have completed radiological surveys of all areas on site where the device had been, and surveyed roads within the mine site as well as the access road leading away from the Gudai-Darri mine site," Trott said.
☆ Search underway for radioactive capsule missing in Australia
  + stars: | 2023-01-28 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, Jan 28 (Reuters) - Parts of Western Australia were under a radiation alert on Saturday after authorities said a radioactive capsule used in mining was lost en-route to the state's capital, Perth. Authorities in Australia's largest state issued the alert on Friday for a "radioactive substance risk" in several regions, including Perth. The capsule went missing while being driven in a truck from a mine to a Perth storage facility, the state's health agency said. The truck left the site on Jan. 12 but the capsule was not discovered missing until this week, which was when emergency services were alerted, according to authorities. Western Australia chief health officer Andrew Robertson said the capsule, if kept close to the body, could cause skin redness and radiation burns.
☆ The Campaign to Ban Gas Stoves
  + stars: | 2023-01-27 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ A South American currency union? Don't hold your breath
  + stars: | 2023-01-23 | by ( Rodrigo Campos | ) www.reuters.com   time to read: +4 min
That came after the leaders had touted a "common South American currency" on Sunday and officials told the Financial Times the tender could even be called the "sur" and eventually look to bring in other countries around South America. "It has failed to achieve simpler integration goals than that of a common currency." He called the idea of a currency union a "fantasy." Currency union talk was just a distraction, she said. Todd Martinez, a director at Fitch Ratings' sovereigns group focused on Latin America, said the two countries appeared to be unlikely partners to form a successful currency union, given their diverging economies.
☆ The Justice Department’s Double Standards on Classified Documents
  + stars: | 2023-01-20 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ Chinese travelers are returning to Singapore, but a full recovery is not expected this year
  + stars: | 2023-01-17 | by ( Kimberley Kao | ) www.cnbc.com   time to read: +1 min
Singapore is welcoming them back, but a full return of Chinese tourists isn't likely in 2023, Singapore Tourism Board executives said at a press conference Tuesday. Singapore Tourism Board's CEO Keith Tan cited limited flight capacity and the speed of China's border reopening as some of the reasons a full recovery from Chinese tourists isn't expected this year. Tan told CNBC that travel recovery from China is unlikely to exceed 60% of pre-Covid levels by year-end. Unlike other countries in Asia, Singapore has not imposed new Covid-related restrictions on travelers from China. Singapore's tourism industry is expected to recover to pre-pandemic levels by 2024, according to its tourism board.
☆ The Special Counsels and Merrick Garland’s Election Department
  + stars: | 2023-01-13 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ Australia PM pledges aid on visit to flood-ravaged northwest
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +2 min
Jan 9 (Reuters) - Australian Prime Minister Anthony Albanese promised help to repair homes, replace property and rebuild infrastructure as he toured remote flood-ravaged communities across the northwest after "1-in-100-year" floods. Albanese announced on Monday A$10,000 ($6,900) for home repair and up to A$10,000 to replace household goods. "There's going to be massive infrastructure investment required," Albanese told radio station 6PR on Monday from Broome, roughly 2,000 kilometres northwest of state capital Perth. "I'm afraid I've now been to Tasmania, Victoria, New South Wales, South Australia and now WA (Western Australia) in the relatively short time that I've been Prime Minister... talking about a 1-in-100-year event over and over again," Albanese said. Military aircraft helped airlift supplies and evacuate residents in cut-off towns such as Fitzroy Crossing, home to roughly 1,000.
☆ Western Australia in grip of 'devastating' flood emergency, Australia PM says
  + stars: | 2023-01-07 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A view of flooding in Fitzroy Crossing, Australia January 3, 2023 in this picture obtained from social media. Callum Lamond/via REUTERSSYDNEY, Jan 7 (Reuters) - Australian Prime Minister Anthony Albanese said on Saturday his government was ready to provide whatever support was needed to residents of Western Australia state as record-breaking floods isolated far-flung communities there. Albanese said his Labor government was "working constructively" with the Western Australia government on the crisis in the sparsely populated region that also includes the resort town of Broome. Western Australia emergency authorities said Australian Defence Force aircraft were being used to assist flood-hit communities, and Chinook helicopters were en-route to help relocated impacted residents. The nation's weather forecaster said severe weather was no longer occurring in the state but that "the situation will continue to be monitored and further warnings will be issued if necessary".
☆ GOP Rebels Need to Take the Win
  + stars: | 2023-01-06 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ House Republicans Plan a Committee on Censors and Snoops
  + stars: | 2022-12-31 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ Factbox: Six highlights from testimony released by the Jan. 6 committee
  + stars: | 2022-12-29 | by ( Moira Warburton | ) www.reuters.com   time to read: +4 min
Since the release of its report last week, the committee has released testimony transcripts highlighting other developments in Trump's White House, before and after the riot. "The president floated the idea and Cipollone said no," McEntee told the committee, referring to Pat Cipollone, former White House counsel. He said something to the effect of, God, no," Hutchinson told the committee, referring to the memo. Originals of all White House documents must be kept for the archives, but copies can be burned. She suspected her former lawyer of leaking her testimony to the press, and telling other Trump-adjacent figures about what she told the committee.
☆ The Back End of an Omnibus
  + stars: | 2022-12-23 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
☆ Sam Bankman-Fried’s Dirty Political Donations
  + stars: | 2022-12-16 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Celebrity crypto savant Sam Bankman-Fried is in a heap of trouble. Washington has its own giant FTX problem, in what now appears to be millions of dollars in dirty donations. It’s a donor scandal for the ages, and yet politicians are mum on what they intend to do about it. The country is learning more about FTX’s spectacular collapse, including the allegation that SBF stole billions from customers to prop up a side venture, Alameda Research. The SEC explains that FTX customer funds were diverted to Alameda to the extent that there was “no meaningful distinction,” and that SBF then used these “commingled FTX customers’ funds” to make “large political donations.” Put simply, SBF stands accused of using stolen money to fuel politics.
☆ Man behind the Korean wave talks about the future of K-pop and what aspiring artistes can do
  + stars: | 2022-12-05 | by ( Kimberley Kao | ) www.cnbc.com   time to read: +5 min
Gabriel Olsen | Getty Images Entertainment | Getty Images"But when foreign bands come to [South Korea to] perform, they completely took over the stage and fans went wild. Future of K-popAs for the future of K-pop, "I think the metaverse that everyone is talking about these days is the future," Lee says. SM Entertainment established a metaverse world called SM Culture Universe, and launched its first metaverse girl band, Aespa in 2020. SM Entertainment established a metaverse world called SM Culture Universe, and launched its first metaverse girl band, Aespa in 2020. Alexi Rosenfeld | Getty Images Entertainment | Getty Images"SM Entertainment is building 'Play-2-Create'… people can discover their creative side and create in the metaverse.
☆ The GOP Spending Poseurs
  + stars: | 2022-12-02 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
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