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China claims almost all of the 1.3 million-square-mile South China Sea as its sovereign territory. In daylight hours in the South China Sea, from Ottawa’s flight deck or outdoor bridge wings, Chinese warships are often visible to the naked eye. Aviator Gregory Cole/Canadian Armed Forces PhotoOn October 29, things take a potentially dangerous turn, one that could have cost lives and ratcheted up tensions in the South China Sea to new levels. Radar operators scan their instruments in a Canadian antisubmarine warfare helicopter over the East China Sea. Hammerhead targets drones await their fate on the deck of the frigate HMCS Ottawa in the South China Sea.
Persons: Sam Patchell, Jacob Broderick ,, Ben Hughes, Gregory Cole, he’s, , King Neptune, Xi Jinping, Brad Lendon, Rafael Peralta, Collin Koh, ” Patchell, Patchell, Aviator Gregory Cole, , haven’t, Xi, Rob Millen, they’d, Long, Peralta, It’s, Qinetiq, Noble, That’s, Cmdr, Sean Milley, Christine Hurov, Wally Shirra, it’s, Wally Schirra, Loverboy’s, Australia’s, doesn’t, We’ll Organizations: HMCS, HMCS Ottawa CNN, Royal Canadian Navy, Canada, United, Naval Warfare Officers, Canadian Armed Forces, US Navy, Ottawa, CNN, Canada’s Defense Ministry, Chinese Communist Party, Coast Guard, Rajaratnam, of International Studies, People’s Liberation Army Navy, PLA Navy, United Nations, Ottawa's, Cyclone, Canadian, Royal Canadian Air Force, Chinese Defense Ministry, Pentagon, troika, Peralta, Brisbane, CNN Radio, New, New Zealand Navy’s, Cmdr, HMNZS Aotearoa, Australian, Southern Hemisphere, One Locations: HMCS Ottawa, Taiwan, Ottawa, China, United States, Canadian, South China, Gaza, Ukraine, East, Washington, Singapore, Beijing, Spratly, Vietnam, Philippines, Malaysia, Brunei, Chinese, South, East China, CNN Beijing, Canada, Gulf of Mexico, West Coast, Australian, Brisbane, Australia, Japan, New Zealand, Okinawa, replenishments, Aotearoa, American, Ottawa’s
[1/3] French Foreign Affairs Minister Catherine Colonna and French Defence Minister Sebastien Lecornu leave following the weekly cabinet meeting at the Elysee Palace in Paris, France, November 22, 2023. France, with overseas territories in the Pacific and Indian Ocean and 7,000 troops stationed there, considers itself an Indo-Pacific power. The loss of a major submarine deal with Australia in 2021 forced it rethink its strategy amid ongoing regional tensions with China in the disputed South China Sea. Underscoring those efforts, Defence Minister Sebastien Lecornu will host in the French overseas territory of New Caledonia between Dec. 4-8 the South Pacific Defence Ministers Meeting, the first time it has hosted the format since it was created in 2013. While it has diversified its ties across the Pacific, France has also worked on rebuilding its partnership with Australia.
Persons: Catherine Colonna, Sebastien Lecornu, Sarah Meyssonnier, Ferdinand Marcos, Karen Lerna, Sandra Maler Organizations: Foreign, French Defence, REUTERS, South Pacific, South Pacific Defence Ministers, South, Australia, Canberra, Thomson Locations: Paris, France, Philippines, Malaysia, Australia, PARIS, Pacific, Ocean, China, India, Indonesia, Japan, New Caledonia, Britain, United States, South Korea, Spain, Manila, South China, Kuala Lumpur
In recent years, L.G.B.T.Q. people in Russia have lived under increasing fear as the Kremlin has ratcheted up measures curtailing gay and transgender rights in tandem with the repressive search for “internal enemies” during the war in Ukraine. In the latest threat, the Ministry of Justice will seek a court order on Thursday to declare the international gay rights movement an “extremist organization.”Gay rights activists and other experts say that a ruling in favor would put gay people and their organizations under the threat of being criminally prosecuted at any time for something as simple as displaying the rainbow flag or for endorsing the statement “Gay rights are human rights.”That prospect has heightened angst and alarm in the country’s already beleaguered gay communities. “It is not the first time we are being targeted, but at the same time, it is another blow,” said Alexander Kondakov, a Russian sociologist at University College Dublin, who studies the intersection of law and security for the L.G.B.T.Q. “You are already marked as foreign, as bad, as a source of propaganda, and now you are labeled an extremist — and the next step is terrorist.”
Persons: , Alexander Kondakov Organizations: Ministry, Justice, ” Gay, University College Dublin Locations: Russia, Ukraine, Russian
Excluding food and energy prices, so-called core inflation rose 3.6 percent, a sharply slower pace than previous months. “The price to pay is higher interest rates, more difficult financing and therefore an economic slowdown,” he added. Interest rates were raised from below zero and are now at the highest level in the central bank’s two-decade history. But Europe is facing a drawn-out economic slowdown as high interest rates and the lingering impact of Russia’s war in Ukraine continue to curb activity. to start lowering interest rates next year, possibly before the summer.
Persons: ” Bert Colijn, ” Bruno Le Maire, Christine Lagarde, Colijn Organizations: ING Bank, European Central Bank, , Eurostat, France Inter Locations: Ukraine, France, Germany, Spain, Belgium, Europe, United States
Trump will be the final witness for the defense on Dec. 11, in the trial brought by New York Attorney General Letitia James, accusing him and his co-defendants of falsely inflating Trump's assets for financial gain. Trump's adult son and co-defendant Eric Trump is scheduled to testify Dec. 6, defense attorney Christopher Kise said. Trump Sr., Eric Trump and Donald Trump Jr. denied wrongdoing when they were previously questioned on the witness stand by lawyers for the state. But that shift "cannot be ascribed to President Trump's re-posting of a photograph the Principal Law Clerk herself first published," they argued. Charles Hollon, an officer in the Judicial Threats Assessment Unit of the New York Court System's Department of Public Safety.
Persons: Donald Trump, Judge Arthur F, Jane Rosenberg, Trump, Letitia James, Eric Trump, Christopher Kise, Donald Trump Jr, James, Arthur Engoron, Allison Greenfield, Engoron, Trump's, Greenfield's, Charles Hollon, Greenfield, Chuck Schumer, Hollon, voicemails Organizations: U.S, Trump Organization, Court, Reuters, New York, Manhattan, New, Court System's Department of Public Locations: New York, Manhattan, New York City, U.S
MOSCOW, Nov 24 (Reuters) - The Kremlin said on Friday that NATO's desire to have a military analogue of the Schengen Zone in Europe to allow the alliance's armed forces to move around freely to counter Russia had ratcheted up tensions and was a cause for concern. NATO is actively supporting Ukraine in its war against Russia and Kyiv hopes one day to join the alliance. Kremlin spokesman Dmitry Peskov said Moscow would respond if 'the military Schengen' proposal became a reality. This (statement) is nothing more than about fuelling tensions in Europe which has consequences," Peskov told reporters. He said talk of building a 'military Schengen' showed once again that Europe was unwilling to listen to Moscow's legitimate concerns and was ready to boost its own security at Russia's expense.
Persons: Alexander Sollfrank, Joe Biden, Dmitry Peskov, Peskov, Andrew Osborn, Gareth Jones Organizations: Reuters, NATO, Soviet Union, Thomson Locations: MOSCOW, Europe, Russia, Ukraine, Moscow, Soviet, Warsaw, Poland, Baltic
REUTERS/Mike Segar/File Photo Acquire Licensing RightsBEIJING, Nov 23 (Reuters) - Apple (AAPL.O) saw a decline in the number of smartphones sold during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct. 30 to Nov. 12, the research consultancy said on Thursday. In comparison, the number of units sold by Huawei (HWT.UL) and Xiaomi (1810.HK) grew 66% and 28% respectively year-on-year over the same period. The increases for Huawei and Xiaomi helped fuel a 5% year-over-year rise in the overall number of Chinese smartphones sold during the promotion period, it said. ($1 = 7.2111 Chinese yuan renminbi)Reporting by Yelin Mo and Brenda Goh; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Segar, China's, JD.com, Xiaomi, Lei Jun, Ivan Lam, Yelin Mo, Brenda Goh, Miral Organizations: Apple Inc, Apple, REUTERS, Rights, Counterpoint Research, Huawei, HK, IDC, Thomson Locations: Manhattan , New York, U.S, Rights BEIJING, China, United States
But all Wright's family wants is for the 38-year-old businessman to be returned home. That position was reaffirmed Friday by the U.S. State Department in response to questions about Wright’s arrest. Some former Trump administration officials say Wright’s arrest is just the latest example of Maduro acting in bad faith. “He loved the nomadic lifestyle,” said Stewart, who didn't know her son was in Venezuela until she learned of his arrest. Wright’s family is speaking out because they feel the U.S. government hasn’t done enough to free him.
Persons: Biden, Savoi Wright’s, Nicolás, hasn’t, , , Erin Stewart, Wright, Joe Biden, Maduro, Maria Corina Machado, Machado, Matthew Miller, Donald Trump's, Juan Guaidó, Kimberly Breier, Trump’s, Elliott Abrams, Maduro’s, Stewart, ” Stewart, Venezuela’s, Tarek William Saab didn’t, Luke Denman, Airan Berry —, — Eyvin Hernandez, Jerrel Kenemore, Joseph Cristella —, Moizeé Stewart, Wright’s, ” ___ Goodman, Tucker Organizations: U.S, Venezuelan, Associated Press, Oakland, U.S . State Department, Trump, Maduro, State Department, Loyola Marymount University, Green, FBI, U.S . Embassy, The State Department Locations: California, Venezuela, OPEC, Barbados, United States, Latin America, Washington, Colombia, Houston, Berkeley , California, Oakland, Miami, South America, U.S, Investigative@ap.org
In an appearance the same day on the “Guy Benson Show” on Fox News Radio, Ms. Haley blamed the app for sowing sympathies for Hamas on some college campuses and stoking anti-American views. In a statement posted on X, TikTok responded to Ms. Haley by saying that the circulation of bin Laden’s letter violated the platform’s rules that ban support for terrorism, and it was policing related content accordingly. Mr. Trump, her former boss, continues to be the overwhelming front-runner, but Ms. Haley, a former South Carolina governor, is trying to overtake Gov. At a town hall for her campaign in Iowa on Thursday, Ms. Haley continued to press on TikTok and brought up the letter by bin Laden. For them to be here,” Ms. Schroeder said after hearing from Ms. Haley.
Persons: Nikki Haley ratcheted, Osama bin Laden, Haley, Donald J, Trump, , Guy Benson, , Laden, TikTok, Ms, Ron DeSantis, Vivek Ramaswamy, Ramaswamy, DeSantis, “ Alexander Hamilton, John Jay, James Madison, ” Ms, bin Laden, you’ve, ’ ”, “ That’s, Linda Schroeder, Schroeder Organizations: U.S, Republican, United Nations, Chinese Communist Party, Fox News Radio, World Trade Center, Pentagon, New York Times, Gov, TikTok, CNBC Locations: Israel, America, U.S, South Carolina, Florida, Miami, Iowa, Waverly, China, Russia, Iran, TikTok, Dubuque
General Secretary Xi Jinping opened the door to returning giant pandas to US zoos. Xi's comments come as all giant pandas at US zoos will soon be sent to China. Xi's comments came as lease agreements with US zoos are set to expire with no immediate replacement, meaning all giant pandas currently in the nation will soon return to China. The Atlanta Zoo is currently the only zoo in the US left with giant pandas. Advertisement"Recently, the three pandas at Smithsonian's National Zoo in Washington D.C. have returned to China.
Persons: Xi Jinping, Xi, Joe Biden, , Chinese Communist Party Xi Jinping, Xi's, Pat Nixon Organizations: Service, Chinese Communist Party Xi, Atlanta Zoo, Smithsonian National Zoo, Chinese Foreign Ministry, Washington Post, Biden Locations: China, Beijing, United States, Washington , DC, San Diego, Memphis, Washington
Charter said in a statement that it fully cooperated with the SEC's inquiry and that its share repurchase plans were well-documented and disclosed in financial statements. "We remain committed to a share buyback program and our previously stated leverage targets," the company said. U.S. regulators have ratcheted up scrutiny of rearranged stock trading programs, known as 10b5-1 plans, in the face of criticism from lawmakers and others. The SEC last year overhauled the rules for such plans to deter insiders from trading on material information that investors do not have. Reporting by Chris Prentice in New York and Jasper Ward in Washington; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Chris Prentice, Jasper Ward, Bill Berkrot Organizations: Communications, WASHINGTON, SEC, U.S, Securities, Exchange Commission, Thomson Locations: U.S, New York, Washington
Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.
Persons: Biden, ” John Kerry, Biden’s, , , Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, , Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, , Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo
Days after violent protests over wages as low as $80 a month, officials in Bangladesh said on Wednesday they would increase the pay of garment workers by about 50 percent, a concession that appeared to fall short of satisfying thousands of workers who produce clothes for brands like H&M and Zara. Over the weekend, at least two garment factory workers were killed and several police officers wounded in Gazipur District, north of Dhaka, as protesters ratcheted up their longstanding demand for higher wages. The garment industry accounts for more than 80 percent of Bangladesh’s annual exports of about $55 billion, and it is seen as the key driver of Bangladesh’s economic growth in recent decades. More than 50 percent of employees in the industry are women, in a region with abysmal female participation in the formal work force. They are calling for an increase to about $200 a month to meet the rising cost of living.
Persons: Covid lockdowns Locations: Bangladesh, Zara, Gazipur District, Dhaka
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. With investors confident that big central banks are likely done raising rates, focus has switched to when rate cuts will start. Traders now price in over an 80% chance of a 25 basis-points (bps) ECB cut by April, which had been fully priced for July last week. Piet Christiansen, chief analyst at Danske Bank, said the expectations for ECB rate cuts now reflected a "doom and gloom" scenario. He added the ECB would need to cut rates at least as much as traders expect next year.
Persons: Heiko Becker, BoE, Shamik Dhar, Christine Lagarde, Piet Christiansen, Lagarde, Goldman, Gurpreet Gill, Dario Perkins, Yoruk, Sumanta Sen, Kripa Jayaram, Dhara Ranasinghe, Emelia Organizations: European Central Bank, REUTERS, Traders, ECB, Fed, Federal Reserve, Bank of England, BNY Mellon Investment, Treasury, Reuters, Danske Bank, Asset Management, Lombard, Thomson Locations: Frankfurt, Germany, United States, Europe, U.S, Britain, Israel
The stock market is close to flashing a "buy" signal with a strong track record, according to BofA. BofA's sell side indicator is three times closer to a "buy" reading than a "sell" reading. The indicator suggests 15.5% upside in the S&P 500 over the next year, analysts said. AdvertisementAdvertisementThe stock market is close to flashing a "buy" signal that's almost always resulted in positive returns for the S&P 500 in the following 12 months, according to Bank of America. That's caused equities to look less attractive and ratcheted up fears of a coming recession, sparking a sell-off in stocks that drove the S&P 500 to its third-straight monthly loss.
Persons: , Bank of America's Savita Subramanian Organizations: Service, Bank of America, Wall, SSI, Bank of America's, Fed
LONDON, Nov 1 (Reuters) - The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank loans handed out to ailing businesses during the COVID-19 pandemic, leaving lenders on the hook for some of the borrowings that will not be repaid. The figures could rise further - latest figures show just 17 billion pounds have been fully repaid by borrowers as of June 30. The largest and most controversial, the "Bounce Back Loan" (BBL) scheme, delivered 47 billion pounds and was specially designed to help Britain's smallest firms stay afloat. Following the removal, any financial loss is borne in full by the lender, BBB said. The figures also showed the government had paid out 7.4 billion pounds to lenders under the state guarantees.
Persons: Theodore Agnew, Sinead Cruise, Iain Withers, Matthew Lewis Organizations: Reuters, British Business Bank, Barclays, NatWest, Lloyds, HSBC, Bank, Finance, BBL, BBB, Thomson Locations: London
Israel has said Gaza's militant Hamas rulers have a command post under the hospital, without providing much evidence. The Israeli military had no immediate comment when asked about reports of strikes near Shifa. Casualties on both sides are expected to rise sharply as Israeli forces and Palestinian militants battle in dense residential areas. Despite the Israeli offensive, Palestinian militants have continued firing rockets into Israel, with the constant sirens in southern Israel a reminder of the threat. Israel says its strikes target Hamas fighters and infrastructure and that the militants operate among civilians, putting them in danger.
Persons: Israel, Benjamin Netanyahu, , ” Mahmoud, Abdallah Sayed, Netanyahu, Yehia Sinwar, Daniel Hagari, ” Netanyahu, , ” Hagari, ___ Magdy Organizations: Hamas, Tanks, Communications, Residents, Shifa, Palestinian, Gaza Health Ministry, Health Ministry, U.S, West Bank, Palestinian Health Ministry Locations: DEIR, Gaza, Gaza's, Israel, Gaza City, Shifa, , gunning, Palestinian, U.N, Egypt, Syria, Iran, The U.S, Iraq, Cairo, ___, israel
“This was not a real surprise for us,” Pironon told CNN; it’s common to find small amounts near the surface of a borehole. Arguably, the catalyst for the current interest in white hydrogen can be traced to this West African country. White hydrogen deposits have been found throughout the world, including in the US, eastern Europe, Russia, Australia, Oman, as well as France and Mali. “Natural hydrogen is a solution which will allow us to get get to speed” on climate action, he said. Natural Hydrogen Energy LLCFrom hype to realityThe challenge for these businesses and for scientists will be translating hypothetical promise into a commercial reality.
Persons: Jacques Pironon, Phillipe De Donato, ” Pironon, Pironon, “ Gray, ’ ”, Geoffrey Ellis, , , Ellis, Isabelle Moretti, Neil McDonald, Bill Gates, geochemist Viacheslav, ” Zgonnik, ” Ellis, that’s, De Donato’s, Organizations: CNN, National, of Scientific Research, US Geological Survey, University of Pau, University of Sorbonne, Geologists, Energy Ventures, Natural Hydrogen Energy, Hydrogen Energy Locations: France, Lorraine, Mali, Bourakébougou, University of Pau et, l’Adour, Europe, Russia, Australia, Oman, Yorke, South Australia, Denver, Nebraska, Kansas
[1/3] People applaud as Republican U.S. presidential candidate and former U.S. President Donald Trump arrives to speak during the Republican Jewish Coalition Annual Leadership Summit in Las Vegas, Nevada, U.S. October 28, 2023. REUTERS/Steve Marcus Acquire Licensing RightsLAS VEGAS, Oct 28 (Reuters) - U.S. Republican presidential candidates including frontrunner Donald Trump touted their unwavering support for Israel wiping out Palestinian Hamas militants, as they campaigned with addresses to major Jewish donors in Las Vegas on Saturday. Support for Israel is a hallmark of American Republican politics. DeSantis did not go after Trump directly as he also vowed to support Israel. Brooks said RJC donors separately spent between $50 million and $60 million on the 2020 election cycle.
Persons: Donald Trump, Steve Marcus, We're, Trump, Nikki Haley, Haley, Florida Governor Ron DeSantis, DeSantis, Mike Pence, Pence, Israel, Benjamin Netanyahu, Joe Biden, Matt Brooks, Brooks, Alexandra Ulmer, Moira Warburton, Ross Colvin, David Gregorio Our Organizations: Republican U.S, Republican Jewish Coalition, Leadership, REUTERS, LAS VEGAS, Republican, Israel, Republican Jewish, Republican Party, Florida Governor, Trump, United Nations, White, Hezbollah, Democratic, Reuters, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Gaza, Israel, United States, Iran, South Carolina, Ukraine, Russia, Iowa, Washington
Why Hasn’t Israel Invaded Gaza?
  + stars: | 2023-10-27 | by ( Cecelia Smith-Schoenwalder | ) www.usnews.com   time to read: +9 min
While Israel has performed raids in Gaza, the larger ground invasion hasn’t happened, and the delay could expose further challenges for Israel’s operations. Additionally, the Biden administration has raised concerns that Israel lacks achievable military goals in Gaza, and the delay could help the country refine its objectives. So far, outside interests have remained mostly on the sidelines of the conflict, but a ground invasion could change that. There has also been some speculation that the ground invasion could be more limited in scope than what has been imagined so far. But waiting any longer for a ground invasion could create a dilemma for Israel: waning international support.
Persons: It’s, ” Natan Sachs, Benjamin Netanyahu, John Kirby, Israel, We’re, we’re, ” Kirby, Joe Biden, , , Biden, doesn't, Ian Hurd, it's, ” Biden, ” Dan Byman, Hossein Amirabdollahian, Jonathan Conricus, Byman, Kirby, We’ve Organizations: Hamas, Brookings Institution, Pentagon, United, United Arab Emirates, White, National Security, Israeli Defense Forces, Northwestern University, Street, Iran’s Quds Force, Quds Force, Center for Strategic, International Studies, ” Iran's, United Nations, General, Israel Defense Forces, ABC Radio Melbourne, Israel, Georgetown University’s School of Foreign Service Locations: Gaza, U.S, Israel, Iraq, Syria, Kuwait, Jordan, Saudi Arabia, United Arab, Iran, The U.S, Tehran, Iran’s Quds, Beirut, Palestine, United States
Wall Street’s glum rainmakers deserve more love
  + stars: | 2023-10-26 | by ( John Foley | ) www.reuters.com   time to read: +7 min
Morgan Stanley’s (MS.N) investment banking revenue in the third quarter was its worst since 2009, at just over $1 billion. The rapid rise in interest rates, which makes traditional lending more lucrative for so-called universal banks, adds to the glum aura around investment banking. Reuters Graphics Reuters GraphicsInvestment banking isn’t the biggest part of any bulge-bracket firm’s revenue, but it’s disproportionately profitable. Goldman made nearly $8 billion more from investment banking in 2021 than in the last four quarters. Declining volatility in markets is great for deals, but it’s nowhere near as good for banks’ trading desks, which tend to thrive on choppy conditions.
Persons: Caitlin Ochs, Goldman Sachs, Morgan Stanley’s, Goldman, Morgan Stanley, James Gorman, Jane Fraser, David Solomon, they’re, Peter Thal Larsen, Oliver Taslic Organizations: New York Stock Exchange, REUTERS, Reuters, Exxon Mobil, Chevron, JPMorgan, Citigroup, Reuters Graphics Reuters Graphics Investment, Hamas, Goldman, Bank of America, Barclays, Citi, Thomson Locations: New York City, New York, U.S, catnip, Israel, China
For years, Google watched with increasing concern as Apple improved its search technology, not knowing whether its longtime partner and sometimes competitor would eventually build its own search engine. Those fears ratcheted up in 2021, when Google paid Apple around $18 billion to keep Google’s search engine the default selection on iPhones, according to two people with knowledge of the partnership, who were not authorized to discuss it publicly. The same year, Apple’s iPhone search tool, Spotlight, began showing users richer web results like those they could have found on Google. Google quietly planned to put a lid on Apple’s search ambitions. Google’s anti-Apple plan illustrated the importance that its executives placed on maintaining dominance in the search business.
Organizations: Google, Apple, The New York Times, Big Tech
[1/2] United Auto Workers (UAW) union members picket outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. Total economic losses from the auto workers' strike have reached $9.3 billon, the Anderson Economic Group said earlier this week. Getting the deal ratified will be up to Fain and UAW leaders, and that is not assured. UAW workers at the company now called Stellantis rejected a proposal endorsed by UAW leaders in 2015. UAW leaders feared that the automakers would cut jobs at combustion engine factories and shift work to non-union joint venture battery plants or overseas suppliers.
Persons: Luke Sharrett, Shawn Fain, Ford, Sam Fiorani, Stellantis, Joe Biden, Fain, Donald Trump, Mrinmay Dey, Peter Henderson, Abhirup Roy, Shailesh Kuber, Sayantani Ghosh, Cynthia Osterman Organizations: United Auto Workers, UAW, REUTERS, Ford, General Motors, Chrysler, Stellantis, GM, AutoForecast Solutions, CNBC, Anderson Economic Group, Detroit, U.S, Republican, Mack, EV, Detroit Three, Toyota, Tesla, Hyundai, Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, Arlington , Texas, Kentucky, Sterling Heights , Michigan, Detroit, Michigan, United States, Bengaluru
Hong Kong CNN —Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. Foxconn, also known as Hon Hai Precision Industry, has iPhone factories in Guangdong and Henan, including the world’s largest in the city of Zhengzhou. The company’s listed unit in Shanghai, Foxconn Industrial Internet, plummeted by its daily limit of 10% on Monday. Terry Gou, Foxconn founder, announces bid for Taiwan presidency during a press event in Taipei on August 28. The crackdown came despite repeated calls from Chinese leaders to welcome more foreign investment to boost the country’s slowing economy.
Persons: Taiwan’s, Terry Gou, won’t, Foxconn, , , Brock Silvers, Gou, Hai, ” Gou, Ann Wang, Lai Ching, — Hou Yu, Ko Wen, Zhang Wensheng, ” Zhang, Silvers Organizations: Hong Kong CNN, Global Times, CNN, Hai Precision Industry, Foxconn Technology, WPP, drugmaker Astellas Pharma, Kaiyuan, , Apple, Communist, Taiwan, Democratic People’s Party, ih, Kuomintang, Taiwan People’s Party, Beijing, China’s Xiamen University, Financial Times, Shanghai, Economic Observer Locations: China, Hong Kong, Beijing, Guangdong, Jiangsu, Henan, Hubei, Zhengzhou, Shanghai, Taipei, Taiwan
The French pianist Alexandre Kantorow was supposed to make his Carnegie Hall recital debut on March 25, 2020, as a late replacement for the ailing Murray Perahia. When Kantorow, 26, finally made it to Carnegie on Sunday afternoon, it was again as a substitute for an eminent colleague, this time Maurizio Pollini. This wasn’t Kantorow’s first time playing at Carnegie; he performed two pieces at Zankel Hall in 2019, as one of the winners of that year’s International Tchaikovsky Competition. But Sunday’s very fine recital, on the hall’s main stage, was a wholly different kind of platform. And he arrived with expectations ratcheted up even higher than if he had merely (ha) won the Tchaikovsky.
Persons: Alexandre Kantorow, Murray Perahia, Kantorow, Maurizio Pollini, Alice Tully Hall, Tchaikovsky, MacArthur, he’d Organizations: Carnegie Hall, Carnegie, Hall Locations: French
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