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BEITUNIA, West Bank—After more than a year of detention, Azhar Assaf has finally returned to her home in the occupied West Bank. Although she doesn’t consider herself to be political, she says she owes her freedom to Hamas. Assaf and other freed prisoners, many of whom have been held without trial, are attributing their release to Hamas, with some openly praising the group. That is helping to boost Hamas’s public image among Palestinians amid a war with Israel that has left more than 15,000 dead in Gaza, mostly women and children, according to authorities in the enclave. The numbers don’t distinguish between militants and civilians.

Persons: Azhar Assaf, doesn’t, Assaf Organizations: West Bank —, West Bank Locations: Israel, Gaza

☆ KKR to buy remaining stake in insurer Global Atlantic for $2.7 billion
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 29 (Reuters) - KKR & Co (KKR.N) said on Wednesday it would buy a remaining 37% stake in Global Atlantic Financial Group that it does not already own for $2.7 billion in an all-cash deal. Private equity firm KKR has served as the manager of Global Atlantic's investment portfolio since 2021 and said in July 2020 that it would buy the annuities and life insurance provider. Global Atlantic's assets under management have grown to $158 billion from $72 billion in 2020, the companies said. Under the terms of the deal, KKR will pay Global Atlantic's minority shareholders an amount in cash equal to Global Atlantic's book value, with certain adjustments. Global Atlantic serves policyholders through its retirement and life insurance products.

Persons: Brendan McDermid, Joe Bae, Scott Nuttall, Goldman Sachs, Noor Zainab Hussain, Devika Organizations: KKR, New York Stock Exchange, REUTERS, Co, Global Atlantic Financial Group, Global, Global Atlantic, Thomson Locations: New York, U.S, Bengaluru, Chibuike

☆ ‘Where will I leave these children, on the street?’ The struggle for survival faced by disabled Palestinians in Gaza
▼ + stars: | 2023-11-17 | by ( Rosa Rahimi | Sana Noor Haq | ) edition.cnn.com time to read: +14 min

“There was chaos in the place, children crying, and smoke and fire spread,” Al-Naizi told CNN, sharing videos of the aftermath. It took about two hours to evacuate the group, according to Al-Naizi, as many of the children had to be carried. “Where will I leave these children, on the street?” Al-Naizi said. Streams of Palestinians – including women, children and the elderly – have been making their way south in a growing exodus along daily evacuation corridors announced by the IDF. Hazem Saeed Al-NaiziAs Israeli troops close in on Gaza City, Al-Naizi fears the orphanage will be displaced again.

Persons: Hazem Saeed Al, Naizi, ” Al, ”, “, Hamza, Muhammad, Naizi Israel, Volker Türk, Abu Jazar Sama, Sama, Walid Mahmoud Nazzal, ” Sama, ” Heba Abu Jazar Sama, Heba Abu Jazar Sama, Sama’s, Jamal Al Rozzi, Ayas, Saeed Al, Reham Shaheen, bedsores, Shaheen, Gazans, Al Rozzi, Fidaa Fouad Khamis Omar, Khan Younis, ’ Al Rozzi’s, Adham, Israel, Omar, , ” CNN’s Kareem El Damanhoury, Abeer Salman, Akanksha Sharma, Mostafa Salem, Zeena, Eyad Kourdi Organizations: CNN, Israel Defense Forces, Palestinian Ministry of Health, West Bank, Humanitarian Affairs, IDF, United Nations, Palestinian Central Bureau, Statistics, Palestinian, Palestinian Union of, UN, Human Rights Watch, National Society for Rehabilitation, Humanity, HRW, Aid, National Society for, Rehabilitation, Amnesty International Locations: Gaza, Gaza City, Al, Ramallah, Palestinian Union, “, Wadi Gaza, Khan

☆ Thais to be among hostages freed by Hamas if Gaza truce agreed, Thai-Muslim politicians say
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

BANGKOK, Nov 16 (Reuters) - Thai-Muslim politicians said on Thursday they had received assurances from the Palestinian group Hamas that all the Thai hostages being held would be among those released if mediators succeed in brokering a truce in Gaza. The Islamist militants took some 240 people hostage on Oct.7, when they rampaged through southern Israel killing 1,200 people, according to Israel. Thailand's Foreign Ministry says 25 Thais were among those abducted and 39 were among those killed that day. "Any ceasefire either 3 days or 5 days ... Hamas will release hostages, including all Thais being held, which they promised," Lepong Syed, the president of the Thai-Iran alumni association, told reporters in Bangkok's parliament building. Lepong is part of a team formed by Thai-Muslim politicians, headed by House Speaker, Wan Muhamad Noor Matha, that has been in contact with the Hamas since October.

Persons: Thais, Lepong Syed, Wan, Chayut Setboonsarng, Panarat Thepgumpanat, Simon Cameron, Moore Organizations: Hamas, Thailand's, Ministry, House Speaker, Reuters, Thomson Locations: BANGKOK, Gaza, Israel, Thai, Iran

☆ Thais to Be Among Hostages Freed by Hamas if Gaza Truce Agreed, Thai-Muslim Politicians Say
▼ + stars: | 2023-11-16 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BANGKOK (Reuters) - Thai-Muslim politicians said on Thursday they had received assurances from the Palestinian group Hamas that all the Thai hostages being held would be among those released if mediators succeed in brokering a truce in Gaza. The Islamist militants took some 240 people hostage on Oct.7, when they rampaged through southern Israel killing 1,200 people, according to Israel. Thailand's Foreign Ministry says 25 Thais were among those abducted and 39 were among those killed that day. "Any ceasefire either 3 days or 5 days ... Hamas will release hostages, including all Thais being held, which they promised," Lepong Syed, the president of the Thai-Iran alumni association, told reporters in Bangkok's parliament building. Lepong is part of a team formed by Thai-Muslim politicians, headed by House Speaker, Wan Muhamad Noor Matha, that has been in contact with the Hamas since October.

☆ Muslim Runner Says She Was Cut From Lululemon Campaign Over Religious Identity
▼ + stars: | 2023-11-16 | by ( Remy Tumin | More About Remy Tumin | ) www.nytimes.com time to read: +4 min

In a statement to The New York Times, a spokesman for Lululemon said the company did not intend to exclude anyone from the photographs. The images were sent to the runners who appeared in the photo shoot but were not used by Lululemon or noname, the spokesman said. That included being a team leader for the noname program, leading the 8-minute-30 second-mile group. “A big part of what was attractive about the noname program was its emphasis on inclusivity and embracing people’s full identities and experiences,” she wrote. Noor Abukaram, a runner who was told she couldn’t run in her hijab in high school and pushed back, criticized Lululemon’s decision to leave out Ms. Saad.

Persons: Lululemon, “, Saad, “ Lululemon, Ms, Saad’s, ” Edward Ahmed Mitchell, ” Ms, ”, Noor Abukaram, Lululemon’s, Abukaram Organizations: New York Times, The Times, Palestinian Ministry of Health, Boeing, Council, Islamic, Times, New York City Marathon, New York, New York City Muslim Running Club Locations: Gaza, Israel, London, New York City

☆ South Africa at the 2023 World Cup
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] Cricket - ICC Cricket World Cup 2023 - South Africa v Afghanistan - Narendra Modi Stadium, Ahmedabad, India - November 10, 2023 South Africa's Gerald Coetzee celebrates with Rassie van der Dussen after taking the wicket of Afghanistan's Noor Ahmad REUTERS/Amit Dave/ File Photo Acquire Licensing RightsNov 14 (Reuters) - Following are facts and figures about South Africa, who face record five-time champions Australia in the World Cup semi-finals on Thursday:World ranking: 3Captain: Temba BavumaCoach: Rob WalterTop-ranked batsman: Quinton de Kock (3)Top-ranked bowler: Keshav Maharaj (2)Top scorer: Quinton de Kock (591 runs, second)Top wicket-taker: Gerald Coetzee (18 wickets, third)Best result: Semi-finalist (1992, 1999, 2007, 2015)2019 result: Did not qualify for the knockout stages after finishing seventhSquad: Temba Bavuma (captain), Gerald Coetzee, Quinton de Kock, Reeza Hendricks, Marco Jansen, Heinrich Klaasen, Keshav Maharaj, Aiden Markram, David Miller, Lungi Ngidi, Andile Phehlukwayo, Kagiso Rabada, Tabraiz Shamsi, Rassie van der Dussen, Lizaad WilliamsROAD TO SEMI-FINALSv Sri Lanka: won by 102 runsv Australia: won by 134 runsv Netherlands: lost by 38 runsv England: won by 229 runsv Bangladesh: won by 149 runsv Pakistan: won by one wicketv New Zealand: won by 190 runsv India: lost by 243 runsv Afghanistan: won by five wicketsCompiled by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Narendra Modi, Gerald Coetzee, Rassie van der, Afghanistan's Noor Ahmad REUTERS, Amit Dave, Temba, Rob Walter Top, Quinton de Kock, Keshav Maharaj, Temba Bavuma, Quinton de, Reeza Hendricks, Marco Jansen, Heinrich Klaasen, Aiden Markram, David Miller, Lungi, Andile, Kagiso, Tabraiz, Lizaad Williams, Pearl Josephine Nazare, Peter Rutherford Organizations: Cricket, ICC Cricket, Australia, Sri Lanka, England, Bangladesh, Pakistan, New Zealand, India, Thomson Locations: South Africa, Afghanistan, Ahmedabad, India, Quinton de Kock, Netherlands, Bengaluru

Many organisers choose to buy that cover through an add-on political violence and terrorism policy. Insurers cannot change policy wordings of existing policies, so any event organisers who bought political violence cover and cancelled after the conflict started on Oct 7 should be covered. Insurers are also considering restricting cover for event cancellations outside the region, the sources added. Ryan at Marsh said some political violence insurers were proposing wordings which would allow them to break or review policies due to "conditions relating to armed involvement in the 2023 Israel war". Specialist political violence policies are typically offered by firms operating in the Lloyd's of London (SOLYD.UL) insurance market, as well as by U.S. insurers.

Persons: Evelyn Hockstein, Edel Ryan, Marsh, Ryan, Sinead Cruise, Alexander Smith Organizations: Hamas, REUTERS, European Aquatics, MTV, Thomson Locations: Gaza, Israel, Palestinian, Lebanon, Egypt, Jordan, Paris, Washington, Gaza City, London

☆ For Israelis Living at Gaza’s Edge, Fear Pervades Daily Life
▼ + stars: | 2023-11-06 | by ( Dov Lieber | Photographs Tanya Habjouqa Noor Images For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/middle-east/for-israelis-living-at-gazas-edge-fear-pervades-daily-life-f6c69a75

Persons: Dow Jones, f6c69a75

IKSAL, Israel—As Hamas launched its deadly assault on Israel nearly a month ago, the mastermind of the Islamist militant group’s attacks incited Arab citizens of Israel to “kill, burn and destroy” their Jewish neighbors. Instead, Awad Darawshe helped those wounded in Hamas’s violent rampage. “It cost him his life,” said his sister, Raya Darawshe.

Persons: Israel —, “, Awad Darawshe, ”, Raya Darawshe Organizations: Hamas Locations: IKSAL, Israel

The vast majority of fatalities – 73% – are women, children and the elderly, according to the health ministry. Women are in great pain, they sleep on the floors, without mattresses,” Bashir, the 32-year-old mother, told CNN. She told CNN she received confirmation the products reached the Rafah crossing, but does not know when the aid will enter Gaza. Palestinian mothers told CNN they cannot protect their kids from the terror of Israel's persistent bombardment. Ahmad Hasaballah/Getty ImagesSo many aspects of motherhood, once routine, are now a matter of life or death.

Persons: —, MedGlobal, OCHA, ” Musleh, “ I, can’t, “, Ahmed Al, Sadi, ”, Tanya Haj, Hassan, Médecins, jeopardizing, ” Haj, Hiba Tibi, Israel's, Said Khatib, Amal, Khan Younis, Bashir, Heather Barr, Barr, ” Bashir, CNN Amal, Nesma ElFar, MotherBeing, ‘, ’ ” Haj, Ahmad Hasaballah, Musleh, – Organizations: CNN, US, Palestinian Ministry of Health, Palestinian Medical Relief Society, Medical, CARE International, CARE ., CARE West Bank, UN, Getty, Haj, International Planned Parenthood Federation, Human Rights Watch Locations: Al, Gaza, Ramallah, Israel, Rafah, Egypt, AFP, Gaza City, Cairo, Khan, Palestine

☆ Scenes From the Israel-Hamas War, Sam Bankman-Fried's Trial, Storm Ciaran and More: Photos of the Week
▼ + stars: | 2023-11-04 | by ( ) www.wsj.com time to read: 1 min

Gilad Gur, a 27-year-old paramedic, gets help from area boys as he builds a sandbag barrier to strengthen security at the Israeli settlement of Shiloh. Gilad Gur, a 27-year-old paramedic, gets help from area boys as he builds a sandbag barrier to strengthen security at the Israeli settlement of Shiloh. Tanya Habjouqa/NOOR Images for The Wall Street JournalTanya Habjouqa/NOOR Images for The Wall Street Journal

Persons: Gilad Gur, Tanya Habjouqa Organizations: Wall, Wall Street Locations: Shiloh

TEL AVIV—The body bags arrive by the dozen in a refrigerated truck first thing every morning. Some contain corpses, some only fragmentary remains, burned almost to ash. Another shipment usually comes before noon. Three weeks after the bloody massacre that killed 1,400 people in southern Israel, the cramped yellow building that houses Israel’s government forensic laboratory is still inundated with unidentified remains. The bags line the morgue hallway, on gurneys and the floor, spilling into an outdoor courtyard.

Locations: TEL AVIV, Israel, gurneys

QUSRA, West Bank—On the morning of Oct. 12, Hani Odeh was considering a problem: how to get the bodies of four Palestinians shot dead during an attack by Israeli settlers to the cemetery in Qusra, where he is mayor. The four men had been killed the day before. Israeli police are still investigating the circumstances of the deaths, which came after Hamas’s massacre of over 1,400 people a few days earlier, and the Israeli military had instructed the mayor to change the route of the cortege from the hospital to avoid inflaming the situation further. Odeh, smoking cigarettes in his office, the customary portrait of Yasser Arafat hanging above his desk, said he complied.

Persons: Hani Odeh, Yasser Arafat Organizations: West Bank — Locations: Qusra

☆ How Israel Is Preparing to Dismantle Hamas by Invading Gaza
▼ + stars: | 2023-10-27 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

How Israel Is Preparing to Dismantle Hamas by Invading GazaIsrael has vowed to kill everyone involved in the Oct. 7 surprise attack by Hamas, from its top leaders on down. Ben C. Solomon reports from a mock Palestinian village, where soldiers are training for a widely-anticipated ground assault in Gaza. Photo: Tanya Habjouqa/NOOR Images for The Wall Street Journal

Persons: Ben C, Solomon, Tanya Habjouqa Organizations: Wall Street Locations: Israel, Gaza Israel, Gaza

CNN —There has been “significant progress” on negotiations to release hostages held by Hamas but there are issues still remaining, diplomatic sources familiar with the negotiations told CNN. “There are issues still remaining, but talks are ongoing, and we remain hopeful,” the source added. Complete blockadeHamas abducted more than 200 people and killed 1,400 others, including soldiers and civilians, in southern Israel on October 7. The hostages include nationals from countries including Mexico, Brazil, the United States, Germany and Thailand – as well as Israeli civilians and soldiers. Qatar and Egypt have been mediating between Israel, the US and Hamas to release the hostages held by the militant group.

Persons: Near East Affairs Barbara Leaf, it’s, ”, Amir Levy, Yoav Gallant, we’ll, ” Gallant, –, Benjamin Netanyahu, CNN’s Sana Noor Haq, Jennifer Hansler, Hamdi Alkhshali, Jomana Karadsheh, Mostafa Salem, Lianne Kolirin Organizations: CNN, “, US, State, Near East Affairs, Israel’s, IDF, Hamas, Palestinian Ministry of Health, Rights Watch Locations: Doha, Tel Aviv, Israel, Mexico, Brazil, United States, Germany, Thailand, Israel’s, Gaza, israel, gaza, Qatar, Egypt, Israeli

TZE’ELIM, Israel—In the sun-torched plains of southern Israel, thousands of soldiers wait for the go-ahead from politicians and commanders to do what the Israeli military has trained for years to do: fight in the Gaza Strip. The Israeli military has built a replica of a generic Palestinian village nicknamed “Little Gaza” at a base in the Negev Desert, where soldiers train for combat against armed terrorists in narrow streets and a labyrinth of tunnels.

Persons: Israel — Organizations: Gaza Locations: TZE’ELIM, Israel, Gaza

CHRISTCHURCH, New Zealand (AP) — An inquiry that began Tuesday into New Zealand’s worst mass-shooting will examine — among other issues — the response times of police and medics and whether any of the 51 people who were killed could have been saved. The inquiry represents the first time authorities will outline the details of how they responded to the March 2019 shooting. One of the issues under examination is whether an emergency door in the Al Noor mosque was functioning at the time of the shooting — and if not, why not. Farrant gave evidence that the shooting began at 1:40 p.m. at the Al Noor mosque, where 44 people were killed, and the first emergency calls began about a minute later. Ambulance staff entered the Al Noor mosque at 2:15 p.m., Farrant said, and began removing victims eight minutes later.

Persons: Brenton Tarrant, Brigitte Windley, ”, Craig Farrant, Farrant, Al Noor, Al Organizations: Associated Press, Linwood Islamic Center, . Ambulance Locations: CHRISTCHURCH, New Zealand, Christchurch, Al Noor, Linwood

CNN —Queen Rania of Jordan has accused Western leaders of a “glaring double standard” for failing to condemn the deaths of civilians under Israeli bombardment in Gaza, as Israel’s war on Hamas threatens to destabilize relations between US and Arab leaders. “This is the first time in modern history that there is such human suffering and the world is not even calling for a ceasefire,” Queen Rania added. Forcing Gaza civilians to relocate amounts “to the war crime of forcible transfer,” the Norwegian Refugee Council said. The people of Palestine should not, [the people] of Gaza should not, be forced to be moved again,” she said. Khalil Mazraawi/AFP/Getty ImagesEven before the war with Hamas, tensions were high between Palestinians and Israelis in the occupied West Bank.

Persons: Rania, Jordan, CNN’s Christiane Amanpour, “, ”, Israel, we’ve, ” Rania, Joe Biden, Benjamin Netanyahu, “ We’re, Strategic Communications John Kirby, we’re, Antony Blinken, Gershon Baskin, Gilad Shalit, Baskin, Gilad Schalit, Amanpour, Jordan’s King Abdullah, Gazans, Queen Rania, Alaa Al Sukhni, Khalil Mazraawi Organizations: CNN, Hamas, Israel Defense Forces, Palestinian Ministry of Health, UN, United Nations, West, US, Palestinian Authority, National Security, Strategic Communications, UN Security, Baskin, Norwegian Refugee, West Bank, Palestine, Reuters, Getty, Protesters Locations: Gaza, Jordan, Israel, Egypt, Washington, United Kingdom, Jerusalem, Palestine, Amman, AFP

☆ Top order fire Afghanistan to famous win against Pakistan
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +3 min

It was Afghanistan's first ODI victory against Pakistan in eight attempts and the outcome leaves defending champions England at the bottom of the points table. "This win tastes nice," a beaming Shahidi said after their second victory in five matches. Teenage spinner Noor Ahmad (3-49) dismissed Abdullah Shafique (58) and Mohammad Rizwan (eight) in his successive overs in his memorable World Cup debut. Shaheen Afridi returned to break the burgeoning stand, dismissing Gurbaz, but Zadran and Rahmat Shah, who made 77 not out, continued the good work. Hasan Ali ended Zadran's gallant knock but Shah and Shahidi milked the Pakistan attack with consummate ease during their unbroken 96-run stand to seal a memorable victory over their neighbours.

Persons: Afghanistan's Ibrahim Zadran, Samuel Rajkumar, Hashmatullah Shahidi, Babar Azam, Abdullah Shafique, Shahidi, Babar, Haq, Noor Ahmad, Mohammad Rizwan, Noor, Iftikhar Ahmed, Shadab Khan, Iftikhar clobbered, Shadab, Rahmanullah Gurbaz, Ibrahim Zadran, Shaheen Afridi, Gurbaz, Rahmat Shah, Hasan Ali, Amlan Chakraborty, Ken Ferris Organizations: Cricket, ICC Cricket, Chidambaram, REUTERS, Rights, Pakistan, England, Thomson Locations: Pakistan, Afghanistan, Chennai, India, Rights CHENNAI, New Delhi

☆ American mother and daughter taken hostage by Hamas have been released, sources say
▼ + stars: | 2023-10-20 | by ( Alex Marquardt Kaitlan Collins Oren Liebermann Michael Conte Sana Noor Haq | Alex Marquardt | Kaitlan Collins | ) edition.cnn.com time to read: +5 min

CNN —Hamas released two American hostages, Judith Tai Raanan and her 17-year-old daughter, Natali Raanan, on Friday after they abducted around 200 people from Israel in a deadly attack on October 7. They are being released on “humanitarian grounds” because the mother is in poor health, the same source said. US officials have not said whether they believe any of the American hostages are dead and have previously noted that all hostages are assumed alive. Amnesty International has said Israel’s “collective punishment” of Palestinian civilians for Hamas’ attack amounts to a war crime. “The families’ headquarters welcomes the release of hostages from Hamas captivity,” the Hostages and Missing Families Forum said in a statement to CNN.

Persons: Judith Tai Raanan, Natali, Daniel Hagari, Abu Obaida, Biden, ”, Qatar’s Ministry of Foreign Affairs Majid Al, Ansari, Joe Biden, “, “ Jill, Israel, Antony Blinken, Rishi Sunak Organizations: CNN, Israel Defense Forces, Brigades, Qatar’s Ministry of Foreign Affairs, United Nations, Amnesty Locations: Israel, Gaza, Chicago, Nahal Oz, Qatar, ” Qatar, Israel’s, Mexico, Brazil, Thailand

El Al Israel Airlines planes are seen on the tarmac at Ben Gurion International airport in Lod, near Tel Aviv, Israel March 10, 2020. Insurers for Israeli flag carrier El Al Airlines (ELAL.TA), Israir (ISRG.TA) and Arkia have previously said they can issue such notices due to the war between Israel and the Palestinian group Hamas. Israeli airlines have now received the notices, two sources told Reuters, without naming the airlines. Israeli's parliamentary finance committee last week approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. Airlines normally take out two types of policy - an "all risks" policy which covers both regular damage to the hull and passenger liability, and a "war" policy to cover war or terror-related losses to the aircraft.

Persons: Ronen, Bruce Carman, Arkia, Israir, Garrett Hanrahan, Hanrahan, Carolyn Cohn, Sinead Cruise, David Evans Organizations: El Al Israel Airlines, Ben, REUTERS, Aviation, El Al Airlines, Palestinian, Hamas, Hive Underwriters, El Al, Lebanese, East Airlines, Airlines, Marsh's Global Aviation, Reuters, Hezbollah, Norwegian Air, Thomson Locations: Ben Gurion, Lod, Tel Aviv, Israel, Lebanon, Europe, United States, London, Turkey, Beirut, Eilat

☆ Morgan Stanley profit beats on wealth management strength
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 18 (Reuters) - Morgan Stanley's (MS.N) third-quarter profit dropped less than expected as a strong performance in the bank's wealth management division offset a hit from lethargic dealmaking. The wealth management business, which has been a bright spot for Morgan Stanley in recent quarters, has reduced the lender's reliance on trading and investment banking, which are largely tied to economic cycles. "Our equity and fixed income businesses navigated markets well, and both wealth and investment management produced higher revenues." INVESTMENT BANKING WEAKNESSTotal revenue from investment banking fell 27% to $938 million, as global mergers and acquisitions activity showed few signs of improvement.

Persons: Morgan Stanley, Brendan McDermid, Morgan Stanley's, James Gorman, Goldman Sachs, Manya Saini, Noor Zainab Hussain, Niket, Tatiana Bautzer, Lananh Nguyen, Shounak Organizations: New York City , New York U.S, REUTERS, Wall, Equity, U.S, Treasury, Thomson Locations: New York City , New York, Bengaluru, New York

☆ Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +3 min

The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Goldman's investment banking fees of $1.55 billion was largely unchanged from last year as debt underwriting activity resumed and the market for initial public offerings picked up. Goldman had taken a charge of $504 million on GreenSky in the second quarter. Solomon has shifted the firm's focus back to its traditional strengths - investment banking and trading, and aims to grow in asset and wealth management. Investment banking results have been mixed for peers, with JPMorgan Chase (JPM.N) reporting a 6% decline in revenue, while Citigroup (C.N) said fees jumped 34%.

Persons: Goldman Sachs, Brendan McDermid, Solomon, Goldman, SoftBank Group's, Morgan Stanley, Niket Nishant, Noor Zainab Hussain, Saeed Azhar, Lananh Nguyen, Arun Koyyur Organizations: New York Stock Exchange, REUTERS, Arm Holdings, Sixth Street Partners, Investment, JPMorgan Chase, Citigroup, U.S . Federal, Thomson Locations: New York, U.S, Bengaluru

“In this situation, we’re afraid that she goes into labor, and we wouldn’t know where to go,” he told CNN. Shelling in Nuseirat is intense, but not as bad as it was in Gaza City, where neighborhoods were “entirely wiped out,” he said. Some of those bodies are on a flatbed trailer that appears to have been used to carry people away from Gaza City. Refaat Alareer, 44, a literature professor in Gaza City, said Thursday – before Israel told Gazans to evacuate – the shelves in his local supermarket are emptying every day. “The gates are closed, and no one is being let through,” he told CNN.

Persons: Israel, Khan Yunis, Mohamed Hamed, Hamed, ”, Nuseirat, Hashem Al, “, ” Al, Beit Hanoun, Salah Al, Deen, Refaat Alareer, Gazans, Alareer, “ I’ve, Aseel Organizations: CNN, Israel Defence Forces, IDF, Works Agency for Palestine Refugees, Saudi, ” CNN, Aris Messinis, Getty, UNRWA, Palestinian Locations: Gaza, Hanoun, Gaza City, Israel, Nuseirat, Deir, Egypt, ‘, Gaza’s, Palestinian, Saudi, Rafah, ” Al, Sderot, AFP, Al, “, Palestine, Egypt’s

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