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☆ Jeff Bezos and Lauren Sanchez had a 2nd star-studded engagement party attended by guests including Kris Jenner, Oprah, and Robert Pattinson
▼ + stars: | 2023-11-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Call it déjà vu: Jeff Bezos and fiancée Lauren Sanchez had an engagement party, again. Guests included the likes of Oprah, Kris Jenner, Barbra Streisand, and Robert Pattinson. AdvertisementWhy have one engagement party when you can have two? Guests included the likes of Kris Jenner, Oprah Winfrey, Robert Pattinson, Salma Hayek Pinault, and Barbra Streisand, per Vogue. AdvertisementGuests at Bezos' and Sanchez's first engagement party included big names like Leonardo DiCaprio, Bill Gates, the Queen of Jordan, Andrew Garfield, and Bumble founder Whitney Wolfe Herd, according to Page Six.

Persons: Jeff Bezos, fiancée Lauren Sanchez, Barry Diller, Diane von Furstenberg, Oprah, Kris Jenner, Barbra Streisand, Robert Pattinson, —, Lauren Sanchez, Oprah Winfrey, Salma Hayek Pinault, Bezos, Leonardo DiCaprio, Bill Gates, Queen, Jordan, Andrew Garfield, Bumble, Whitney Wolfe, Sanchez Organizations: Service, Beverly, Vogue

☆ Mike Johnson adds an interesting twist to the familiar government shutdown plotline
▼ + stars: | 2023-11-13 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +4 min

The broad outlines of the government spending fight as it stands in November are the same as they were in October. Funding expires after Friday, November 17, and lawmakers do not have a definitive plan to pass a stopgap government funding bill. A procedural vote Tuesday will identify how many Democrats Johnson will need to pass his version of the bill. CNN has identified eight House Republicans currently opposed to Johnson’s laddered approach, and he can only afford to lose four. If Johnson opts to pass the bill without a majority built only of Republicans, it would require a large number of Democrats to set aside House rules.

Persons: ►, CNN’s Lauren Fox, Kevin McCarthy, Mike Johnson, Johnson, McCarthy, ” Johnson, Joe Biden, “, ” Biden, “ I’m, ” CNN’s Manu Raju Organizations: CNN, Republicans, ►, Capitol, Veterans Affairs, Energy Department –, White Locations: Israel, Ukraine

Vu came into the tournament a mere three points behind another four-time winner, Celine Boutier, in the race for the points-based LPGA player of the year. Vu is now 27 points ahead going into the season-ending CME Group Tour Championship. All 60 players next week only have to win the CME Group Tour Championship to claim the $2 million prize. Vu is virtually a lock to win other awards as the LPGA's top player. Trying to win a tournament is stressful, but trying to keep your card is very, very stressful.”Patty Tavatanakit had some stress, too.

Persons: — Lilia Vu, Annika, Vu, Emily Kristine Pedersen, Celine Boutier, Boutier, Boutier's, Pedersen, Dane, Madelene Sagstrom, Stephanie Kyriacou, “, ” Kyriacou, Stacy Lewis, Alison Lee, Azahara Munoz, Munoz, “ I’ve, ” Munoz, Patty Tavatanakit, ___ Organizations: Pelican Golf, Globe, Chevron, UCLA, CME Globe Locations: Fla, Florida, Naples, Australia, American, Spain

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. The source, who declined to be named because the information was confidential, said Intel had made that decision around July. Intel is also expanding its investment in chip packaging in Malaysia, one of Vietnam's main Southeast Asian rivals. "You cannot take for granted that because Intel has already invested here it will invest more," Chung Seck, partner at law firm Baker & McKenzie Vietnam told Reuters. Asked about the possible investment plan at the time, Intel told Reuters: "Vietnam is an important part of our global manufacturing network, but we have not announced any new investments."

Persons: Dado Ruvic, Joe Biden, Biden's, Tran Luu Quang, chipmakers, Chung Seck, Baker, McKenzie, Francesco Guarascio @fraguarascio, Max Cherney, Khanh, Miyoung Kim Organizations: REUTERS, Rights, Intel, U.S, Reuters, Vietnam's, White House, Marvell, McKenzie Vietnam, Thomson Locations: Rights HANOI, Vietnam, China, Taiwan, United States, U.S, Hanoi, Europe, Malaysia, San Francisco, Khanh Vu

☆ Chile chasing Pan Am Games soccer golden double
▼ + stars: | 2023-11-02 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

SANTIAGO, Nov 1 (Reuters) - It was a deja vu double celebration for Chile at the Pan American Games on Wednesday as Martina Weil powered to women's 400 metre gold and the men's soccer team took a 1-0 win from the United States. The gold on back-to-back nights at the Estadio Nacional, where the 1962 World Cup final was played, were joyous achievements but it is a double opportunity at soccer gold that really has Chilean hearts pounding. The Chilean men have never won Pan Am Games gold and only once before, in 1987, appeared in the final losing to Brazil while the women have never before got to the semi-finals. Andrea Vargas gave Costa Rica their first gold of the Games successfully defending her 2019 Pan Am title in the 100m hurdles while Brazil's Eduardo Rodrigues won the men's. Led by double Olympic champion McLain Ward the U.S. won the equestrian team jumping gold ahead of Canada and Brazil.

Persons: SANTIAGO, Martina Weil, Santiago Adolfo Ford, Cesar Perez's, Weil, Brazil's Lucas Conceicao, Deanna Price, Andrea Vargas, Pan, Brazil's Eduardo Rodrigues, McLain Ward, United States Andrew Doddo, Venezuela's Eliecer Jose Parra, Argentina's Clara Isabel Di Tella, Olivia Fiechter, Amanda Sobhy Peru's Diego Elias, Colombia's Miguel Angel Rodriguez, Tyler Berger, Zane Richards, Mason Parris, Kyle Snyder, Steve Keating, Robert Birsel Organizations: Pan American Games, Estadio Nacional, Pan Am, Brazil, FIFA, Argentina, South, Pan, Costa Rica, Games, U.S, Paris, Canada, Mexico, Thomson Locations: Chile, United States, Brazil, Mexico, Chilean, Uruguay, Paraguay, Spain, Portugal, Morocco, United, Costa, Canada, Paris, U.S, Santiago

☆ Indonesia, Vietnam energy transition financing under G7-funded plans
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +5 min

South Africa was the first country to reach a deal under the JETP, securing a $8.5 billion financing pledge in 2021. Indonesia secured a pledge of $20 billion and Vietnam $15.5 billion in deals struck in late 2022. Without the plan, Indonesia's greenhouse gas emissions are expected to reach more than 350 million tons in 2030. How would the JETP financing be arranged? G7 donors as well as Norway and Denmark have pledged a total $10 billion public financing for Indonesia while the remaining $10 billion will come from public financing.

Persons: they'll, Quoc Khanh, Fransiska Nangoy, Khanh Vu, Francesco Guarascio, Robert Birsel Organizations: REUTERS, Rights, Climate, Asian Development Bank, Natural Resources, Reuters, European Union, Thomson Locations: Hanoi, Rights JAKARTA, HANOI, Indonesia, Vietnam, Africa, Senegal, INDONESIA Indonesia, Norway, Denmark, VIETNAM, EU

The Southeast Asian electronics manufacturing hub already hosts U.S. giant Intel's (INTC.O) largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. Meetings with half a dozen U.S. chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage. John Neuffer, President of the U.S. Semiconductor Industry Association, at the same conference recommended the government focus on chip sectors where Vietnam was already strong, such as assembling, packaging and testing.

Persons: Florence Lo, PSMC, Tu Thanh, Joe Biden, GlobalFoundries, Hung Nguyen, Viettel, Robert Li, John Neuffer, Francesco Guarascio @fraguarascio, Khanh Vu, Fanny Potkin, Lincoln Organizations: REUTERS, Hanoi, U.S, ASEAN Business Council, Reuters, GlobalFoundries, Industry, Hanoi's University Vietnam, BET, Vietnam Semiconductor, European Union, U.S . Semiconductor Industry Association, Reuters Graphics Reuters, Thomson Locations: Vietnam, HANOI, U.S, Hanoi, China, South Korea, Singapore

☆ Startup employees are reeling as they brace for back-to-back rounds of layoffs: 'When it happens again, you start to lose that confidence and faith in your leadership.'
▼ + stars: | 2023-10-25 | by ( Samantha Stokes | Madeline Renbarger | ) www.businessinsider.com time to read: +9 min

For the startup employees interviewed by Insider, the constant threat of layoffs is having a detrimental effect on company morale. said one employee working at a growth stage startup that's conducted three rounds of layoffs this year. For Reay, the former Sendoso employee, constant rounds of layoffs gave him and his surviving colleagues "strategy whiplash." "When it happens again, you start to lose that confidence and faith in your leadership." Some startup employees are reconsidering their future in the industryAs startup employees brace for the potential of more job cuts, they say that the experience has them second-guessing whether to stay in the industry at all.

Persons: Sean Reay, it's, Reay, SoftBank, Sendoso, what's, I'm, Raey, SchoolMint, I've, you'd, he's, Jackie Xu, Xu Talent, Kleiner Perkins, Xu, you've Organizations: Facebook, Meta, Twitter, Sendoso, GV, Google, Employees Locations: San Diego, That's, SPAC

SEOUL, South Korea (AP) — Australian Minjee Lee weathered a late rally by Alison Lee to eventually defeat the American on the first playoff hole and win the LPGA South Korea tournament on Sunday. “These last few holes, I was quite excited to play, and you know, we always want to be putting ourselves in that position, in the contending position, week-in, week-out and I was lucky enough to do it this week," Minjee Lee said. It was 27-year-old Minjee Lee's 10th tour title and second win in her last three starts after claiming the Kroger Queen City Championship in Cincinnati in July. Angel Yin (67) followed her breakthrough win at the LPGA Shanghai event last week with a fourth-place finish at 13-under 275. The South Korea tournament is the second of four in the LPGA Tour ’s Asian swing after opening in Shanghai last week.

Persons: Lee, Alison Lee, Minjee Lee, It’s, Sunday's, Jan Stephenson, Karrie Webb, America's Lee, ”, Lydia Ko, Angel Yin, Celine Boutier, Boutier, Jodi Ewart Shadoff, Jeonguen Lee, Atthaya Thitikul, Jiyai Shin, Ashleigh Buhai, Lilia Vu, ___ Organizations: LPGA South Korea, Kroger, City Championship, ”, Zealander, LPGA Shanghai, Scottish, Evian Championship, South Locations: SEOUL, South Korea, Seoul, Cincinnati, Australia, Korean, Shanghai, Malaysia, Japan

☆ Vietnam rare earths arrests include key figure in bid to build industry
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Luu Anh Tuan, Chairman of mining company VTRE in his Hanoi office with samples of rare earth oxides in Hanoi, Vietnam September 7, 2023. REUTERS/Francesco Guarascio/File Photo Acquire Licensing RightsHANOI, Oct 20 (Reuters) - Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the heart of efforts to develop Vietnam's rare earth industry, seizing 13,715 tons of rare earths ores. VTRE has partnered with Australian mining companies Australian Strategic Materials (ASM) (ASM.AX) and Blackstone Minerals LTD (BSX.AX), which were not involved in the investigation. ASM signed a binding agreement in April with VTRE for the purchase of 100 tons of processed rare earths this year, and committed to negotiating a longer-term supply deal. Vietnam is planning to organise auctions for concessions at its largely unexploited rare earths mines, which are considered to contain the world's second biggest deposits of the critical minerals used in electric cars and wind turbines.

Persons: Anh Tuan, Francesco Guarascio, Yen Bai, VTRE, Blackstone, Dong Pao, Tuan, Doan Van Huan, Khanh Vu, Edmund Klamann, Martin Petty Organizations: REUTERS, Rights, Police, Earth JSC, Duong Group, Ministry of Public Security, Strategic Materials, Blackstone Minerals LTD, Blackstone, ASM, Australian, Thai Duong Group, Thomson Locations: Hanoi, Vietnam, Rights HANOI, Vietnamese, Yen, Lai Chau, Yen Bai

Learn moreHit singer Olivia Rodrigo is heading on her second solo tour in 2024, with tickets still on sale for prospective Guts World Tour concert goers. If you want to buy tickets to the 2024 Guts World Tour, we've got you covered with a link for every individual Olivia Rodrigo Guts World Tour tour date appearance below. Olivia Rodrigo 2024 tour scheduleThe Guts World Tour begins in Palm Springs, CA, on February 23. Major cities tend to have higher prices for Olivia Rodrigo tickets, with concert dates in San Francisco, New York City, and Boston being among the most costly locations. As with standard tickets, original VIP tickets for Olivia Rodrigo's 2024 tour have also been sold out on Ticketmaster.

Persons: Olivia Rodrigo, Rodrigo, Olivia Rodrigo's, we've, Olivia Rodrigo Guts, Chappell Roan, Remi Wolf Organizations: North, Orlando, FL, St, Saint, New, Kansas City, UT, San, Ticketmaster, Silver Star, The Breeders, Breeders Locations: North America, Europe, Palm Springs , CA, American, United States, Canada, Springs, CA, Phoenix, AZ, Houston, Austin, Dallas, Orleans, LA, Miami, Charlotte, NC, Nashville, TN, Louis, Omaha, Saint Paul, Milwaukee, Chicago, Columbus, Detroit, MI, Montreal, Toronto, ON, Boston, New York City, NY, Dublin, Ireland, Manchester, England, Glasgow, Scotland, Birmingham, London, Antwerp, Belgium, Amsterdam, Netherlands, Oslo, Norway, Copenhagen, Denmark, Berlin, Germany, Hamburg, Frankfurt, Munich, Bologna, Italy, Zurich, Switzerland, Cologne, Paris, France, Barcelona, Spain, Madrid, Lisbon, Portugal, Philadelphia, Washington, Atlanta, Lexington, KY, Kansas, Oklahoma, Denver, Salt Lake City, San Francisco, Seattle, WA, Vancouver, BC, Portland, Inglewood, Palm Springs, San Francisco , New York City, Southern, The

SHANGHAI (AP) — American Solheim Cup player Angel Yin defeated top-ranked Lilia Vu on the first playoff hole to win the LPGA Shanghai tournament on Sunday for her first tour win. Both Yin and Vu finished at 14-under 274 on the Qizhong Garden Golf Club course forcing a playoff, where Yin made a birdie at the par-4 18th after Vu had narrowly missed her 20-foot birdie putt. It was 25-year-old Yin's first victory in her 159th start and she shared a warm embrace with compatriot Vu on her breakthrough win. Vu shot a 4-under 68, with six birdies and two bogeys, and was the clubhouse leader at 14-under, until Yin birdied the par-5 17th and then made par on the final hole to force a playoff. Two-time defending champion Danielle Kang of the United States shot 71 to finish five strokes back in a tie for 17th at 9 under.

Persons: Angel Yin, Lilia Vu, Vu, Yin, compatriot Vu, “, ” Yin, It’s, Maja Stark, Yin birdied, ” Vu, Choi Hye, Ariya Jutanugarn, Yu Liu, Esther Henseleit, Danielle Kang, ___ Organizations: SHANGHAI, —, Solheim, LPGA Shanghai, United Locations: United States, China, Asia, South Korea, Malaysia, Japan

☆ AI industry set to use as much energy as countries like Sweden or the Netherlands, study finds
▼ + stars: | 2023-10-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

The AI industry is projected to require as much energy as a small country, a study has found. Mitigation will require more transparency from tech companies, the study's author told Insider. The study analyses the supply chain of AI devices, especially chipmaker Nvidia, which dominates around 95% of the market for AI chips. De Vries acknowledges publically accessible information around this is still quite limited as tech companies don't disclose enough data. Mitigation will require more transparency from tech companies, he said, as well as establishing a more mindful approach towards AI development as a whole.

Persons: —, Alex de Vries, de Vries, Vries Organizations: Service, Tech, VU Amsterdam School of Business, Nvidia Locations: Sweden, Netherlands, Argentina

☆ US Labor Dept 'disappointed' by VU Manufacturing plant closure in Mexico
▼ + stars: | 2023-10-10 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

Members of the Liga Obrera Sindical Mexicana (Mexican Workers Union League) talk outside the VU Manufacturing auto parts plant in Piedras Negras, Mexico, August 31, 2022. In March, the U.S. and Mexico pledged to oversee VU Manufacturing carry out a series of commitments to remain neutral in union affairs and allow workers to freely organize. VU Manufacturing, an unlisted company based in Michigan, did not immediately respond to a request for comment. The Department of Labor urged Mexico to prevent retaliation against former VU workers as they seek new jobs, and to ensure VU makes timely payments to dismissed workers. Reporting by Daina Beth Solomon in Mexico City Editing by Kylie Madry and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Becerril, Thea Lee, Lee, Daina Beth Solomon, Kylie Madry, Matthew Lewis Organizations: Liga, Mexicana, Mexican Workers Union League, VU, REUTERS, MEXICO CITY, U.S . Department of Labor, VU Manufacturing, Department, Labor, Thomson Locations: Piedras Negras, Mexico, MEXICO, Mexican, States, Canada, U.S, Michigan

☆ A Ukrainian refugee fled to Israel to escape violence only to find herself in another war. This time she says she won't leave.
▼ + stars: | 2023-10-10 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

A woman from Bucha, Ukraine fled to Israel last year to escape Russian occupation. Viktoria Druzhenko told Radio Free Europe that the Hamas attack reminds her of the war in Ukraine. She said she will not leave this time around because she is "tired of fleeing from war." AdvertisementAdvertisementA Ukrainian refugee who escaped to Israel told Radio Free Europe that she's not going to evacuate this time because she's "tired of fleeing from war." Druzhenko told Radio Free Europe that she experienced "déjà vu" after seeing footage of the Palestinian militant group Hamas attack Israel over the weekend.

Persons: Viktoria Druzhenko, —, she's, Druzhenko, Israel, Israel Druzhenko, Volodymyr Zelenskyy Organizations: Radio Free, Service, International Criminal, Hamas, country's Ministry of Aliyah Locations: Bucha, Ukraine, Israel, Radio Free Europe, Russian, Belarusian, Kyiv, Gaza

It's been nearly 30 years but Rena Sofer still remembers her line from a classic scene on ABC's “General Hospital” in 1994 when her character jumped out of a cake to surprise her husband and his other wife. Sofer and Kurth were married for a short time after meeting on “General Hospital." All it took to slip into the character was to pick out Lois' signature nails: “I put the nails on, I was done. Executive producer Frank Valentini brought in a nail artist to work with Sofer to create nail designs to match Lois' outfits. And then you put on the outfit with the matching nails and it was like, ‘Oh my God, here she is,’" Sofer said.

Persons: It's, Rena Sofer, ABC's, “, Ned Ashton, ’, Sofer, Lois Cerullo —, ” Sofer, Lois, ‘ Lois, ’ I’m, ”, Wally Kurth, Ned, Kurth, I’m, Wally, Rosabel, —, Frank Valentini Organizations: ”, “ General Locations: East Coast, ’, Los Angeles

☆ Amazon Prime Big Deal Days is Oct. 10-11, 2023: Here’s How to Shop, Plus Some Early Deals
▼ + stars: | 2023-10-09 | by ( Nick Guy | ) www.wsj.com time to read: +5 min

By Nick GuyAmazon announced it’ll be holding Prime Big Deal Days, its second big sales event of the year, on October 10 and 11. During Prime Big Deal Days you can simply check out without having to browse and hunt down all your items. Pay with your Amazon credit cardThe Amazon Prime Visa credit card offers hard-to-beat cash back rewards for die-hard Amazon Prime shoppers, and even products discounted for Prime Big Deal Days are eligible for the rewards. Much like Black Friday door-busters, the items with the biggest Prime Big Deal Days discounts aren’t necessarily the best products. Compare sales on other sitesAlthough Amazon is the progenitor of Prime Big Deal Days, it’s not the only company offering up deals around this time.

Persons: Nick Guy Amazon, I’ve, ”, you’re, it’s Organizations: Deal, Facebook, Amazon, Visa, Big, Big Deal, Whole Foods, Prime, Walmart, Target

☆ Insider Today: Market's crash landing
▼ + stars: | 2023-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The core question it presents is whether personal AI devices could have the same impact that the iPhone had on the tech industry. Meta's Responsible AI team shrank amid layoffs and restructuring. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021.

Persons: —, Benjamin Netanyahu, Insider's Matthew Fox, Mohamed El, Matthew, Jerome Powell, hasn't, mavens, Izzy Englander, Citadel's Ken Griffin, Point72, Steve Cohen, Phil McCarten, Dave Kotinsky, Shaw, Victor Virgile, Arantza Pena Popo, Bella Hadid, John Lennon, Ben Shelton, Sharon Osbourne, William Hanson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Hamas, Saturday, Israeli, Citadel, federal, Tech, Peoples, Indian Heritage Locations: Israel, D.E, Cupertino, China, South Dakota, Oklahoma, Hawaii, Alabama, Dakota, Los Angeles, New York City, San Diego, London, New York

THE COLONY, Texas (AP) — Hyo Joo Kim shot a 3-under 68 on Friday in The Ascendant LPGA to take a two-stroke lead over Sofia Garcia into the weekend, with resurgent Lexi Thompson tied for third. Kim had four birdies and a bogey in her morning round at Old American to reach 10-under 132. Thompson won the last of her 11 LPGA Tour titles in June 2019. The five-time LPGA Tour winner has two runner-up finishes and six other top 10s this season without winning. Defending champion Charley Hull, another European Solheim Cup player, had a 69 to get to 1 under.

Persons: — Hyo Joo Kim, Sofia Garcia, Lexi Thompson, Kim, ” Kim, Garcia, “, ” Garcia, Thompson, Celine Boutier, Boutier, ” Thompson, “ It’s, “ I’ve, It’s, haven’t, Lilia Vu, ” Boutier, Leona Maguire, Marina Alex, Maria Torres, Azahara Munoz, Charley Hull, ___ Organizations: Texas Tech, Globe, Solheim, She's, CME Globe, Evian, Scottish, Duke Locations: Texas, Paraguay, Las Vegas, United States, Spain, Arkansas, France, Europe

Work is under way on a joint statement that would be issued during the visit, four people informed about the negotiations told Reuters. China's foreign ministry did not respond to a request for comment. Reuters GraphicsSTATE VISIT PREPARATIONSOne of the sources said China had sent a team to Hanoi to organise accommodations for Xi's delegation. China's foreign minister Wang Yi was expected to visit Hanoi in mid-October to help finalise the joint statement, the source added, if sufficient progress on the text has been made. As China's president, Xi travelled to Vietnam twice, with his latest visit in 2017, when he attended an Asia-Pacific summit with Donald Trump, Vladimir Putin and other leaders.

Persons: Xi Jinping, Wang Yi, Florence, Joe Biden's, Xi, Pham Thu, Donald Trump, Vladimir Putin, Khanh Vu, Francesco Guarascio, Martin Pollard, Yew, Tian, Gerry Doyle Organizations: REUTERS, Reuters, Graphics STATE, Vietnam, Thomson Locations: Beijing, China, Vietnam, HANOI, BEIJING, Hanoi, Washington, Vietnam's, United States, Europe, Asia, U.S, Singapore, South

Storms, floods, fires and other extreme weather events led to more than 43 million displacements involving children between 2016 and 2021, according to a United Nations report. But while catastrophes intensify, the world has yet to recognize climate migrants and find formal ways of protecting them. Nearly a third, or 43 million of the 134 million times that people were uprooted from their homes due to extreme weather from 2016-21 included children. Floods displaced children more than 19 million times in places like India and China. Many are enduring “overlapping crises” — where risks from climate extremes are compounded by conflict, fragile institutions and poverty, Healy said.

Persons: Shukri Mohamed Ibrahim, Ibrahim, That’s, ” Ibrahim, ”, Laura Healy, Healy, Kumar, ” Kumar, Meera Devi, Shiv Kumar, hasn’t, Mimi Vu, “, we’re, ” Healy, ___ Ghosal, Fassett, Omar Faruk, Piyush, Teresa de Miguel Organizations: United, UNICEF, Monitoring, AP Locations: United Nations, Somalia, Mogadishu, Philippines, India, China, U.S, Canada, Geneva, Horn, Africa, Caribbean, New Delhi, Vietnam, Bangladesh, Hanoi, Seattle, New York

☆ Every single one of Amtrak's shiny new Acela trains has a manufacturing defect, audit says
▼ + stars: | 2023-10-04 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

All of Amtrak's new Acela trains produced so far have manufacturing defects. AdvertisementAdvertisementAmtrak's new Acela trains could be delayed yet again, according to a new government audit of the $2.1 billion project. Amtrak's Inspector General found manufacturing defects in all 12 of the trainsets and 22 café cars produced so far. Scott Olson/Getty ImagesAmtrak's new high-speed Acela trains, which will have nearly 25% more seats than their predecessor and operate at top speeds of 160 mph, were originally scheduled to launch service in Spring 2021. Amtrak says data provided by Alstom shows the trains are on track for initial revenue launch in 2024.

Persons: General's, —, it's, Scott Olson, General, Laura Mason Organizations: Service, Alstom, Amtrak, Liberty, FRA Locations: Hornell , New York

Embattled Bamboo, Vietnam's No. "Bamboo Airways has reduced a number of pilot personnel recently to serve this goal," the statement said, denying that late payments of salaries were the reason behind the departures. Many staff at Bamboo have sometimes had to face delays in salary payments but this had not, until recently, affected foreign pilots who make up a large majority of the airline's pilot staff, the sources said. Messages seen by Reuters from an internal company chat forum that management uses to communicate with foreign pilots show some salary payments have been late. Bamboo, which flies both internationally and domestically, has around 17% of Vietnam's market share, its then CEO told local media in March.

Persons: Bamboo, Vietnam's, Bamboo's, Nguyen Ngoc Trong, Trong, Francesco Guarascio @fraguarascio, Khanh Vu, Phuong Nguyen, Mai Nguyen, Jamie Freed, Edwina Gibbs Organizations: Bamboo Airways, Airways, Reuters, Sacombank, Vietnam's, Thomson Locations: Samcombank, HANOI, United States

She cited unpublished information from Vietnam's Ministry of Natural Resources and Environment, which did not respond to requests for comment. In recent years, Japanese investors Toyota Tsusho and Sojitz abandoned projects at Dong Pao after China ramped up supply, pummelling prices. Reuters GraphicsStill, rare earths at Dong Pao are relatively easy to access and are mostly concentrated in bastnaesite ores, according to the Hanoi University of Mining and Geology. The plant has capacity to process 5,000 tons of REO a year but the company plans to treble that to accommodate input from Dong Pao, Tuan said. The metallization process is controlled by China, which produces 90% of rare-earth metals, according to the U.S. Department of Energy.

Persons: Dong Pao, Blackstone, VTRE, Tessa Kutscher, Anh Tuan, Joe Biden, Kutscher, Sojitz, Dylan Kelly, Vingroup, Rivian, Dong, Tuan, David Merriman, John Rockhold, Dudley Kingsnorth, Francesco Guarascio @fraguarascio, Khanh, Melanie Burton, Trevor Hunnicutt, Mai Nguyen, Phuong, David Crawshaw Organizations: REUTERS, Australia's Blackstone Minerals Ltd, Vietnam's Ministry of Natural Resources, Earth JSC, U.S, . Geological Survey, Reuters, Toyota, Terra Capital, Blackstone, Hanoi University of Mining, REO, White House, Department of Commerce, U.S . Chamber of Commerce, Strategic, ASM, Reuters Graphics Reuters, U.S . Department of Energy, Western Australian School of Mines, Curtin University, Thomson Locations: Nam, Lai Chau, Vietnam, Pao, HANOI, Dong, Beijing, China, Hanoi, U.S, Dong Pao, VTRE, South, Khanh Vu, Melbourne, Seoul, Washington, Phuong Nguyen

These include power plants built by industrial firms such as nickel smelters for their own consumption. Under JETP, Indonesia is committed to cap and peak power sector's carbon emissions at 290 million metric tons by 2030. How does Indonesia plan to deploy JETP funds? Indonesia also wants JETP to finance the early retirement of some of its coal power plants, however some banks are reluctant to finance these early retirement for fear of being seen as financing coal projects. Indonesia is also considering expanding the green label to loans for coal power plants used by industries that make products considered sustainable, such as batteries for electric vehicles (EV).

Persons: JETP, Quoc Khanh, Tran Hong Ha, Fransiska Nangoy, Khanh Vu, Florence Tan Organizations: Association of Southeast Asian Nations, Natural Resources, Deputy, EV, Marine Spatial, Thomson Locations: JAKARTA, HANOI, Indonesia, South Africa, Vietnam, INDONESIA Indonesia, JETP, VIETNAM

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