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☆ Morning Bid: Nervy bond bounce on soft jobs and oil
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +5 min

[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Although both oil and bond yields calmed somewhat overnight, U.S. crude plunged by more than $5 per barrel on Wednesday. The tentative bond bid and shifting interest rate picture stopped the rot in stock markets too, with Wall St stocks rallying on Wednesday and the Nasdaq (.IXIC) staging its biggest daily gain since August. But in a sign of the nervousness, European stock markets stalled again and Wall St futures were back in the red. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, Michael Barr, Mary Daly, Thomas Barkin, Loretta Mester, Lamb Weston, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Nasdaq, Wall, Metro Bank, U.S, Federal, San Francisco Fed, Richmond Fed, Cleveland Fed, Treasury, Brands, Constellation Brands, Reuters, Thomson Locations: New York City, U.S, Wall, York

☆ UK’s Motorway takes eBay approach for consumers to sell cars to dealers
▼ + stars: | 2023-10-05 | by ( Nick Carey | ) www.reuters.com time to read: +4 min

EBay also sells cars in the UK, though its own marketplace consists of consumers or dealers selling to consumers. The pandemic "acted as a massive accelerant" for Motorway because physical auctions were closed for months and dealers needed access to cars, Leathes said. In 2022, its auctions doubled to 1.7 billion pounds ($2.06 billion). That should double again this year, giving Motorway around a 5% share in a UK used-car market worth 80 billion pounds, Leathes said. Dealers can now use "wallets" for multiple transactions and Motorway now picks up around 30% of the cars it sells and delivers them to dealers.

Persons: Tom Leathes, Leathes, Nick Templeton, Templeton, Lewis Jent, Nick Carey, Nick Zieminski Organizations: eBay, Reuters, EBay, Index Ventures, Growth, BMW I Ventures, BMW, Dealers, Tesla, Thomson Locations: Britain, U.S, Leathes, CarShop

☆ Uber will now do your returns for you
▼ + stars: | 2023-10-04 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

New York CNN —Uber is looking to help with a much-dreaded chore: returning packages. Uber’s newest tool aimed at tackling the problem is part of Uber Connect, the company’s existing service that lets users send items for day-of local delivery. With just a tap of the button in either Uber or Uber Eats, customers can now call a courier to collect as many as five pre-paid, sealed packages to be driven to the nearest needed shipping venue, be it a post office or a location for another shipper. Packages sent via Uber must be valued at under $100 and weigh in at under 30 pounds, according to the company. All packages will be returned for a flat fee of $5, the company said, though Uber One members get a discount as part of their subscription benefits.

Persons: New York CNN —, Uber, ’ Organizations: New, New York CNN, FedEx, UPS, CNN, National Retail Federation, Uber Connect Locations: New York

☆ US will transfer weapons seized from Iran to Ukraine
▼ + stars: | 2023-10-04 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +4 min

US Central Command has already transferred over one million rounds of seized Iranian ammunition to the Ukrainian armed forces, it announced on Wednesday. The Biden administration has for months been weighing how to legally send the seized weapons, which are stored in CENTCOM facilities across the Middle East, to the Ukrainians. Over the past year, the US Navy has seized thousands of Iranian assault rifles and more than one million rounds of ammunition from vessels used by Iran to ship weapons to Yemen. The Justice Department has filed at least two forfeiture complaints against seized Iranian ammunition and weapons this year. “There is poetic justice in Ukraine utilizing seized Iranian weapons to defend its people against Russia’s criminal invasion and abuses.

Persons: CENTCOM, MARWAN, Biden, ”, Jonathan Lord, Lord, ” Lord Organizations: CNN, US Central Command, Department of, Iran’s Islamic Revolutionary Guard Corps, Justice Department, US Navy, U.S . Central Command, United Nations Security, Central Command, The, DOJ, Center, New, New American Security, “ Locations: Ukraine, Ukrainian, Iran, Yemen, “, New American, Russia, Moscow, Tehran, ”

☆ An orca mysteriously died thousands of miles from home after swallowing 7 sea otters whole
▼ + stars: | 2023-10-04 | by ( Maiya Focht | ) www.businessinsider.com time to read: +3 min

Scientists were surprised to find seven fully intact sea otters in the orca's stomach. Combined, the sea otters weighed a whopping 242 pounds. But why sea otters? One of the sea otters was found lodged in the orca's esophagus, blocking her respiratory tract. AdvertisementAdvertisementWhy she swam all that way and why she seemingly swallowed seven otters whole may never be entirely clear.

Persons: —, Alex Ford, Sergey V, LiveScience Organizations: Service, University of Portsmouth, Newsweek, Reuters Locations: Russia, Eastern Pacific, Gulf of Alaska, California

☆ Britain proposes ban on cigarettes for younger generations
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +3 min

Smoking costs Britain's health services 17 billion pounds ($20.6 billion) a year, he said, adding the government also needed to act on youth vaping. Campaign group Action on Smoking and Health welcomed Sunak's plans, adding they could hasten the day when smoking was obsolete. Imperial Brands (IMB.L), which makes Winston cigarettes and Golden Virginia rolling tobacco, also warned the ban threatened "unintended consequences". REUTERS/Phil Noble/File Photo Acquire Licensing RightsGRADUAL IMPACTThe smoking policy would need to pass a free vote in Britain's parliament. Shares in Imperial Brands fell 3.2% to their lowest since March 2022, while shares in BAT, which has a lower exposure to the British cigarette market, were down 1.2% by 1357 GMT.

Persons: Rishi Sunak, Sunak's, Winston, Phil Noble, Owen Bennett, Bennett, Emma Rumney, Michael Holden, Sachin Ravikumar, Alex Richardson Organizations: Conservative Party, Health, Tobacco Manufacturers Association, Imperial Brands, Dunhill, British, Tobacco, REUTERS, Japan Tobacco, Benson, Hedges, Jefferies, BAT, Thomson Locations: MANCHESTER, England, Virginia, Liverpool, Britain's, Britain, Europe, New Zealand, Denmark

The spacecraft would also make room for 200 kilograms (440 pounds) of foreign science payloads, the agency said on its website. This could allow overseas partners to conduct lunar research by “piggybacking” off the mission, Chinese state media said. China is not alone in elevating its space program and lunar ambitions as multiple countries eye the potential scientific benefit, national prestige and access to resources and further deep space exploration that successful moon missions could bring. That same week, Russia’s first lunar mission in decades ended in failure with its Luna 25 spacecraft crashing into the moon’s surface. Its last mission, Chang’e-5, landed on the moon in December 2020 and returned with samples of lunar rocks and soil.

Persons: CNSA, ”, “ piggybacking, Artemis, Hu Hao, Hu, can’t, Pakistan’s Organizations: Hong Kong CNN, Space Administration, International Astronautical, United, NASA, Artemis, Aitken, European Space Agency Locations: Hong Kong, Beijing, Baku, Azerbaijan, China, Russia, Venezuela, South Africa, India, United States, Italian

☆ Uber will now pick up your packages and take them to UPS, FedEx or USPS
▼ + stars: | 2023-10-04 | by ( Melina Khan | ) www.cnbc.com time to read: +1 min

Uber announced Wednesday it's now offering return package shipping through mail carriers through its Uber and Uber Eats apps. Drivers will pick up the packages and drop them off at UPS, FedEx or USPS. Packages that are shipped through Uber Connect must be prepaid, sealed and ready to be shipped. Customers will also be able to follow their packages with live tracking in the Uber app, which will include a photo of the receipt once the delivery has been completed. In addition to the flat fee, standard tipping options are available for package deliveries.

Persons: Uber Organizations: UPS, FedEx, USPS, Uber Connect, Uber

It’s a case that highlights the vulnerability of prisoners who are dependent on authorities for medical care. Winborn's attorneys played a video showing his difficulties in adapting to life without hands, including feeding himself. “I don't sleep because every time I dream, I dream I have my hands, you know. Jail officials stated in their depositions that they couldn't remember what happened. "The County and MCIT are hopeful the resolution of this matter will help provide Mr. Winborn with the medical care and quality of life assistance he needs,” Hiveley said.

Persons: Terrance Dwayne Winborn, It’s, Winborn, Katie Bennett, Jason Hiveley, Scott County, Winborn’s, “, they're, ”, necrotizing fasciitis, ” Hiveley Organizations: Minnesota, Intergovernmental Trust Locations: MINNEAPOLIS, Minnesota, Scott County, Scott, Marshall, Minneapolis, Shakopee

☆ HS2: UK PM Rishi Sunak slashes giant rail project as business warns of blow to credibility
▼ + stars: | 2023-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —UK Prime Minister Rishi Sunak has taken the axe to Britain’s biggest current infrastructure project, despite warnings from business leaders that the U-turn will damage investor confidence in the country. “This means £36 billion of investment in the projects that will make a real difference across our nation,” he added. “Any deviation could result in a loss of investor trust, and this would have a considerable negative impact on the UK. The ambitious HS2 project falls into this category.”The U-turn was also blasted by Richard Walker, the boss of supermarket chain Iceland, and until recently a long-time Conservative Party member. The government’s “evident inability” to deliver on major projects “is devastating to both its credibility and to business confidence,” Walker wrote in The Guardian newspaper Sunday.

Persons: Rishi Sunak, Sunak, ” Sunak, Andy Street, We’ve, Tom Wagner, Wagner, ”, Richard Walker, ” Walker Organizations: London CNN —, Manchester —, Conservative Party Conference, Conservative Party, Conservative, Investors, LBC, Knighthead Capital Management, Birmingham City football, The Guardian, “ Locations: London, Birmingham, Manchester, United Kingdom, England, Iceland

☆ Government bonds are in a rout worldwide. Here's why you should care
▼ + stars: | 2023-10-04 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

When official interest rates rise, so do investors’ expectations for returns on bonds, known as yields. In the United Kingdom, the yield on 30-year bonds also reached 5% this week, the highest level in more than two decades. Yields on Italy’s 10-year bonds hit 5% on Wednesday, the highest level since 2012, when that crisis was in full swing. Mortgage rates riseThe yields on local government bonds are usually used by banks to price mortgages. High official interest rates in America and Europe have also raised the cost of borrowing for businesses.

Persons: Saul Loeb, Liz Truss, —, Matt Cardy, Freddie Mac, Andrew Sheets, Morgan Stanley, Stocks, ” Russ Mould, AJ Bell, we’ve, ”, “, That’s, ” Susannah Streeter, Hargreaves Lansdown Organizations: London CNN, US Treasury Department, Getty, UK, CNN, Nasdaq, Federal Reserve, BlackRock, Hargreaves Locations: Washington ,, United Kingdom, Bath, England, United States, Europe, America

Its cost was estimated at 33 billion pounds in 2011, but has soared to more than 100 billion pounds ($122 billion) by some estimates. Sunak said Conservative lawmakers would be given a free vote in Parliament on the smoking ban. He used the speech to give party members and voters a glimpse of the man behind his technocratic exterior. Home Secretary Suella Braverman used her conference speech to appeal to the party’s authoritarian, law-and-order wing, advocating tougher curbs on migration and a war on human rights protections and “woke” social values. “I am confident we can win,” said Balwinder Dhillon, deputy mayor of the town of Slough, west of London.

Persons: Rishi Sunak, Sunak, he's, ”, ” Sunak, Andy Burnham, ” “, Rain Newton, Smith, “, Margaret Thatcher —, Liz Truss, Akshata Murty, Suella Braverman, Balwinder Dhillon Organizations: Conservative Party, Labour Party, Leeds, Conservative, Manchester, of British Industry, Health, New, British American Tobacco, Imperial Brands, London Stock Exchange, Treasury, United, British Locations: MANCHESTER, England, Manchester, London, “, Birmingham, Midlands, North, Britain, Britain’s, New Zealand, Rwanda, United Kingdom, Slough

☆ Fat Bear Week 2023: Check out the contestants now, start voting Wednesday
▼ + stars: | 2023-10-03 | by ( Forrest Brown | ) edition.cnn.com time to read: +5 min

Now it’s time to meet the contenders:• 32 Chunk: A large adult male with narrowly set eyes, a prominent brow ridge and a distinctive scar across his muzzle. Her claim to fame: Eight known litters, the most of any bear currently at Brooks River. • 480 Otis: He’s a medium-large adult male with a blocky muzzle and a floppy right ear. • 747 bear: The 2022 winner is a large adult male with a blocky muzzle and floppy ears. Live camThe live cam from the Brooks River at Katmai is a popular online feature.

Persons: Jimenez, Otis, Grazer, Walker, he’s, Brooks, Bucky Dent, she’s, She’s, • Organizations: CNN, &, National Park Service, Service, “ Rangers, Grazer, Otis Locations: Alaska, Washington, www.fatbearweek.org, Brooks, Brooks Falls, Katmai

MANCHESTER, ENGLAND - OCTOBER 3: British Prime Minister Rishi Sunak tours the Exhibitor's Hall on Day 3 of the Conservative Party Conference in Manchester, Britain, October 3, 2023. We've had 30 years of a political system which incentivises the easy decision, not the right one. Thirty years of vested interests standing in the way of change," he will say, according to excerpts of his speech. "Our political system is too focused on short-term advantage, not long-term success ... Our mission is to fundamentally change our country." "The Labour party have set out their stall: to do and say as little as possible and hope no one notices.

Persons: Rishi Sunak, Carl Court, Sunak, Grant Shapps, we've, We've, Jeremy Hunt, Keir Starmer, Elizabeth Piper, Andrew MacAskill, Alistair Smout, William Maclean, Robert Birsel Organizations: British, Conservative Party Conference, REUTERS Acquire, Rights, Conservative, Labour Party, Times, Euston, Labour, Thomson Locations: MANCHESTER, ENGLAND, Manchester, Britain, Rights MANCHESTER, England, English, London

☆ Sumatran rhino birth offers glimmer of hope for species almost hunted to extinction
▼ + stars: | 2023-10-03 | by ( Heather Chen | ) edition.cnn.com time to read: +3 min

The calf’s birth represents hope for a species threatened with extinction due to illegal poaching and habitat loss. An endangered female Sumatran rhino calf walks next to her mother at the Sumatran Rhino Sanctuary of Kambas National Park, Lampung, Indonesia on September 30. They are more closely related to extinct woolly rhinos than other rhino species and are covered in long hair. Sumatran rhinos typically live in dense tropical forest, both lowland and highland, on Sumatra and are generally solitary in nature, according to IRF. A 25-year-old female named Iman died of cancer on November 24, 2019 at the Borneo Rhino Sanctuary.

Persons: Siti Nurbaya Bakar, Ratu, Antara, Iman, Tam –, – Organizations: CNN, Ohio’s Cincinnati Zoo, Ministry of Environment, Forestry, Twitter, Environment, International Rhino Foundation, Rhino, Reuters, Borneo Rhino Locations: Indonesia, Andalas, Ohio’s, Sumatra, Asia, Lampung, Indonesian, Malaysia, Borneo

☆ HMD starts making Nokia phones in Europe, launches 5G smartphone
▼ + stars: | 2023-10-03 | by ( Paul Sandle | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Oct 3 (Reuters) - HMD Global, which makes Nokia-branded phones, has become the first major smartphone company to manufacture devices in Europe with its first made-in-Hungary 5G model, aimed at data security-conscious customers, now available for purchase. "We are thrilled to be manufacturing the Nokia XR21, our signature rugged 5G smartphone, in Europe," HMD Global co-founder, chairman and CEO Jean-Francois Baril said on Tuesday. Before HMD opened its Hungarian operations, Europe had no large-scale smartphone manufacturing as major companies like Apple and Samsung make their phones in Asia to keep costs down. HMD signed an exclusive 10-year licensing agreement with Nokia Oyj (NOKIA.HE), once the world's largest phone maker, in 2016 to make Nokia-branded smartphones and tablets. The Nokia XR21 European edition is priced from 649 euros, or 549 pounds, the company said.

Persons: Brendan McDermid, Jean, Francois Baril, HMD, Baril, Paul Sandle, Bernadette Baum Organizations: Nokia Corporation, New York Stock Exchange, REUTERS, Nokia, Apple, Samsung, U.S ., European Union, Thomson Locations: New York City, U.S, Europe, Hungary, Asia, China, Finland

☆ Jay Leno towed 30 tons with a Tesla Semi and said it felt like nothing
▼ + stars: | 2023-10-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Jay Leno got to drive the Tesla Semi, Elon Musk's electric big rig. AdvertisementAdvertisementJay Leno had a field day with Tesla's new Semi truck on the latest episode of his car show, "Jay Leno's Garage." The comedian and car connoisseur got a tour of Elon Musk's electric big rig and even got to take it for a spin that culminated in hauling another Tesla Semi. Leno took the Semi out on the road and remarked that it felt easy and familiar to drive. Then Leno and the Tesla team hooked up a trailer carrying another Semi and kept going.

Persons: Jay Leno, —, Jay, Elon, Tesla, Franz von Holzhausen, Dan Priestley, Tesla's, Leno, I'd, Priestley Organizations: Elon, Service, Pepsi

☆ SP80 aims to have the fastest sailboat in the world next year. See photos of the futuristic craft poised to break records.
▼ + stars: | 2023-10-03 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Company SP80 is trying to break the world record for the fastest sailboat. The fastest sailboat speed is currently 65.45 knots — SP80 is gunning for 80 knots, or 92 mph. The SP80 boat was displayed at this year's Monaco Yacht Show. AdvertisementAdvertisementWith its slender frame, white exterior, and extraterrestrial vibe, SP80 is looking to break the record for the world's fastest sailboat. The SP80 boat is 34 feet long, 25 feet wide, and weighs about 330 pounds, per the company's site .

Persons: SP80, gunning, —, Laura Manon, Manon, Mayeul van den Broek, Xavier Lepercq, Benoit Gaudiot, Paul Larsen, Richard Millie, van den Broek, what's Organizations: Service, Lake, Monaco Locations: Monaco, Lake Geneva, France

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. The yen eased to 149.83 per dollar, its weakest in more than 11 months, moving ever closer to the 150 mark that some traders believe could prompt intervention by Tokyo to support the currency. "If the yen breaks 150 per dollar, which I think is likely, and verbal intervention is not followed by action then we could see dollar-yen at 155." In the broader currency market, sterling was last 0.4% lower at $1.2158, having slid nearly 4% against the dollar in the third quarter. Elsewhere, the Australian dollar slid 0.6% to $0.6395, while the New Zealand dollar edged 0.4% lower to $0.5972, as traders looked ahead to rate decisions from their respective central banks this week.

Persons: Florence Lo, Dane Cekov, Shunichi Suzuki, Jarrod Kerr, Nordea's Cekov, bitcoin, Samuel Indyk, Rae Wee, Shri Navaratnam, Simon Cameron, Moore, Emelia, Alex Richardson Organizations: U.S, REUTERS, Bank of Japan, Bank of Japan's, Finance, Congress, Democratic, Australian, New Zealand, Thomson Locations: Tokyo, Britain, U.S

MANCHESTER, England, Oct 2 (Reuters) - British finance minister Jeremy Hunt poured cold water on growing calls for tax cuts within the governing Conservative Party on Monday, saying he could not commit to any "inflationary" reduction before the next election. But his message was overshadowed by calls from senior Conservative lawmakers, including Prime Minister Rishi Sunak's predecessor, for tax cuts to try to close the gap in opinion polls with the opposition Labour Party before an election expected next year. He said any tax cuts this year would be inflationary, making it more difficult to achieve Sunak's pledge made in January to halve inflation by the end of the year. Yes, but it means difficult decisions and we're prepared to take those difficult decisions," Hunt told Sky News, adding that voters understood "how difficult these decisions are". "So ahead of this year's Autumn Statement, we must make the Conservative Party the party of business once again, by getting Corporation Tax back down to 19%.

Persons: Jeremy Hunt, Hunt, Rishi Sunak's, Sunak, we're, Liz Truss, Alistair Smout, Elizabeth Piper, Andrew MacAskill, Kylie MacLellan, Sachin Ravikumar, Sarah Young, Emelia Sithole, Catherine Evans Organizations: Conservative Party, Conservative, Labour Party, Times, Sky News, Labour, Corporation, Tax, Thomson Locations: MANCHESTER, England, British, Manchester

MANCHESTER, England (AP) — Britain’s Treasury chief is to announce a hike in the national minimum wage on Monday, as the governing Conservative Party tries to persuade voters it is on the side of those who are struggling financially. Chancellor of the Exchequer Jeremy Hunt has ruled out tax cuts, saying they would fuel inflation. The exact amount will be set after a recommendation by the Low Pay Commission, an advisory body. The right-of-center Tories, in power since 2010, are lagging far behind the center-left opposition Labour Party in opinion polls. Truss, whose plan for billions in unfunded tax cuts spooked the financial markets, is calling for the party to “revive Conservative values” such as “cutting red tape, lower(ing) taxes and trusting that markets will find the solutions we all want.”

Persons: Jeremy Hunt, Hunt, ” Hunt, “, Rishi Sunak, Sunak, Liz Truss, Boris Johnson, pocketbooks, Suella Braverman, Kemi Badenoch, James, Truss, ” Organizations: —, Treasury, Conservative Party, Conservatives, Low, Commission, U.K, Sky News, Labour Party, European Union Locations: MANCHESTER, England, Ukraine, Britain, Manchester

☆ C-3PO's head, 'Titanic' costumes for sale at Propstore film auction
▼ + stars: | 2023-10-02 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/4] Actor Anthony Daniels, who played C-3PO in 11 Star Wars films, poses next to a screen-matched, light-up C-3PO head from the 1977 film "Star Wars: A New Hope" which is part of his personal collection, at Propstore in Chenies, Britain, September 20, 2023. The head will be auctioned with other film... Acquire Licensing Rights Read moreRICKMANSWORTH, England, Oct 3 (Reuters) - From "Star Wars" droid C-3PO's head to Leonardo DiCaprio's "Titanic" costume, a trove of costumes and props are headed to auction next month in a sale of film and television memorabilia worth around $14.6 million. More than 1,800 items are being sold by entertainment memorabilia auctioneer Propstore at its annual live auction, which this year runs from Nov. 9-12. Leading the sale, which Propstore estimates will fetch more than 12 million pounds (14.6 million), is the light-up head actor Anthony Daniels wore to play C-3PO in "Star Wars: A New Hope", with an estimate of 500,000 - 1 million pounds ($600,000- $1.2 million). Daniels is also selling other "Star Wars" memorabilia.

Persons: Anthony Daniels, Leonardo DiCaprio's, Propstore, Daniels, Stephen Lane, DiCaprio, Ryder's, Ursula Andress, Johnny Depp's, Harrison Ford's, Indiana Jones, Freddy, Tom Hanks, Forrest Gump, Stanley Kubrick's, Marlon Brando, Lane, they're, Marie, Louise Gumuchian, Alex Richardson Organizations: Star Wars, Wars, Reuters, Pirates, Thomson Locations: Propstore, Chenies, Britain, RICKMANSWORTH, England, Caribbean

☆ Buoyant dollar pushes fragile yen to within striking distance of 150
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: +3 min

Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The dollar kicked off the last quarter of the year on the front foot on Monday as the prospect of higher-for-longer U.S. rates provided solid support, pushing the yen to an 11-month low. Sterling was last 0.13% lower at $1.2188, having similarly slid nearly 4% against the dollar in the third quarter. "This puts the 1 November FOMC meeting back on the table as a potential venue for a further 25-basis-point rate hike." Elsewhere, the Australian dollar fell 0.07% to $0.64305, while the kiwi edged 0.1% lower to $0.59925.

Persons: Olivier d'Assier, Jarrod Kerr, Sterling, Kiwibank's Kerr, Chris Weston Organizations: U.S, Congress, Democratic, U.S . Labor Department, CPI Locations: Tokyo, Japan, Asia, Australia, China

The case concerns a former senior IT manager who raised concerns about how a data loss had been handled. A hearing for Barclays' appeal to the Bombay High Court is listed for Oct. 20, court records show. They declined to comment on the specifics of the Indian case. Gupta has also appealed to the Bombay High Court, court records show, arguing the pay-out awarded was too low, the source familiar with the appeals said. Last year, Gupta also filed a secondary civil case against Barclays, another court filing shows.

Persons: Atul Gupta, Jes Staley, Francesca West, Gupta, Arpan Chaturvedi, Sinead Cruise, Alexander Smith Organizations: Barclays, Reuters, Financial, Authority, FCA, Global Service Centre Private Limited, Bombay High Court, Thomson Locations: Indian, Pune, Bombay

☆ Airlines might be quietly loving the Ozempic craze. The drugs could save United $80 million a year if each passenger dropped 10 pounds, one analyst estimated.
▼ + stars: | 2023-10-02 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

The rise in popularity of weight loss drugs like Ozempic and Wegovy could benefit airlines. One analyst estimated United would save $80 million a year if every passenger lost 10 pounds. AdvertisementAdvertisementUsing United Airlines as a model, Kahyaoglu estimated that if each passenger weighed 10 pounds less on average, the weight savings would equal around 1,790 pounds per flight. Insider reported in 2021 that the average weight of passengers had increased — American Airlines told Insider at the time that their average passenger was eight pounds heavier, at 182 pounds in summer and 187 pounds in winter. Both American and Southwest Airlines previously told Insider that they use data from the CDC to calculate passenger weight.

Persons: —, Sheila Kahyaoglu, liraglutide —, they've, Elon Musk, Boris Johnson, Amy Schumer, Charles Barkley, Sharon Osbourne Organizations: Service, Airlines, FAA, Jefferies, United Airlines, Southwest Airlines, CDC Locations: York City

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