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☆ 'True Detective: Night Country' writer shrugs off criticism from the show's creator Nic Pizzolatto
▼ + stars: | 2024-02-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Nic Pizzolatto, the creator of the hit show "True Detective," hit out at the crime drama's fourth season, the first he did not write. "True Detective: Night Country," which stars Jodie Foster and Kali Reis, was written by Mexican filmmaker Issa López. He also called links in the show to earlier "True Detective" seasons "so stupid." Jodie Foster and Kali Reis in "True Detective: Night Country." "So, if you liked last night's [episode] and have a Rotten Tomatoes account, maybe head over there and leave an audience review?"

Persons: Nic Pizzolatto, Jodie Foster, Kali Reis, Issa López, Pizzolatto, López, Woody Harrelson, Matthew McConaughy, James Bridges, Esquire, Michele K Organizations: Rotten, Twitter Locations: Mexican

☆ Like Her Parents, Michele Norris Is a Person of Letters
▼ + stars: | 2024-02-01 | by ( Elisabeth Egan | More About Elisabeth Egan | ) www.nytimes.com time to read: +2 min

They read, simply, “Race. : “My beautiful Black boys deserve HOPE!” Eventually Norris created a website, The Race Card Project, where correspondents could share their stories. “The post office was full of people of color who were strivers like my parents,” Norris said. “They had stuff that didn’t get where it was supposed to go, and the post office would sell it if no one claimed it,” Norris said. “My parents would give us a small amount of money, which seemed like a lot of money to me.

Persons: Michele Norris, “, ”, ” Norris, Barbara Cooney’s, Norris, — Norris Locations: Starbucks, Bowie, Md, Minneapolis, Ames , Iowa

☆ Donald Trump claims he's responsible for stocks hitting record highs
▼ + stars: | 2024-01-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Donald Trump claimed credit for the stock market's surge to record highs this month. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "THIS IS THE TRUMP STOCK MARKET," Trump said in a Truth Social post on Monday. The benchmark S&P 500, tech-heavy Nasdaq Composite, and venerable Dow Jones Industrial Average have notched record highs in recent days. AdvertisementTrump is presumably aware of the key drivers fueling the stock market's advance, and knows they probably don't include his possible reelection.

Persons: Donald Trump, Trump, Biden, —, Joe Biden, you've, Stocks, joblessness, Bob Michele, Ray Dalio, Jamie Dimon Organizations: Service, TRUMP, BIDEN, WIN, Nasdaq, Dow Jones, Reserve

But I do still love Trump.”The winner of South Carolina's Republican primary has won the nomination all but one time since 1980. Haley, as a state legislator in 2010, trounced older, more established candidates in a Republican primary on her way to winning two gubernatorial elections. On paper, South Carolina offers the broad Republican coalition Haley has sought. South Carolina has a large presence of every Republican faction: evangelicals and social conservatives; anti-tax Tea Party activists; national security hawks; business-minded traditionalists. South Carolina voters do not register by party and choose which major party primary to participate in each election cycle.

Persons: CONWAY, Nikki Haley ’, Donald Trump, “ Ms, Haley, —, ”, Doug Roberts, “ Donald Trump, ” Haley, Trump’s, haven't, Debra Weiss, Republican Myrtle Beach, Weiss, Trump, Nikki, ” Weiss, “, Haley’s, Ron DeSantis, Joe Biden, doesn’t, can’t, ” Ralph Carter, Carter, Daniel Schroder, Schroder, Haley “, Michael Gardner, Anderson, “ I’ve, ” Gardner, Said Schroder, Michele Kuzma, Kuzma, ” Victor Morgan, he’s, ” Morgan, Pam Hemphill, Hemphill, ” Hemphill Organizations: Republican, South, South Carolina Republicans, Trump, Coastal Carolina University, Democratic, South Carolina, Tea Party, Florida Gov, “, Southern Baptist, Democrat, ”, Democrats, Trump . South, NBC News, Des Moines Register, Capitol, Trump voters Locations: S.C, Hampshire, Republican Myrtle, Washington, Iowa, New Hampshire, South, —, Iowa , New Hampshire, Nevada, Carolina, Florida, United States, South Carolina, Southern, Greer, Greenville, New Jersey, Trump ., Trump . South Carolina

☆ Investors should have diversified portfolios across asset classes: Investment platform
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should have diversified portfolios across asset classes: Investment platformMichele Ferrario, co-founder and CEO of StashAway, discusses what it can offer investors.

Persons: Michele Ferrario

☆ Gucci’s Reboot Brings Back Old-School Cool
▼ + stars: | 2024-01-16 | by ( Guy Trebay | ) www.nytimes.com time to read: +1 min

The headline was Gucci. Gucci is, in a way, the Ever Given of the personal luxury goods trade. With more than 500 stores worldwide and an estimated market value in 2022 of $35.3 billion, it is that skyscraper-size tanker, caught sideways. The entire fashion business took a hit during the pandemic and then bounced back, or seemed to, with a surprising resilience. The instincts that helped elevate him from journeyman accessories designer to star were already giving him the itch to move on.

Persons: Gucci, Alessandro Michele, —, Michele Locations: Suez, Florence

Brad Falchuk remembers earning his first real writer's credit on the sci-fi series “Earth: Final Conflict” in 2001. This month, Falchuk debuted his first Murphy-less project, a dark comedy he co-created with newcomer Byron Wu, called “The Brothers Sun.” It's under his Brad Falchuk Teley-Vision banner. Falchuk also served as co-showrunner with Wu in an otherwise all-Asian writers room. Wu credits Falchuk for pushing him — and the other writers — to authenticate their writing. Falchuk and Wu landed Oscar winner Michelle Yeoh for the pivotal role of the mother, Eileen.

Persons: Brad Falchuk, Falchuk, ”, “ Nip, Tuck, Ryan Murphy, Murphy, Byron Wu, It's, Brad Falchuk Teley, Wu, ” Falchuk, —, “, Charles, Justin Chien, Bruce, Sam Song Li, Oscar, Michelle Yeoh, Eileen, Said Wu “, ‘ I’m, ” Yeoh, Yeoh, He’s, we’ve, ” Yeoh relishes, Jessica Lange, Angela Bassett, Sarah Paulson, Billy Porter, Evan Peters, Lea Michele, Darren Criss, Michaela Jaé Rodriguez, ‘, that’s Organizations: Beverly Wilshire Locations: Taipei, Los Angeles

☆ What to watch for in the Iowa caucuses
▼ + stars: | 2024-01-15 | by ( Eric Bradner | ) edition.cnn.com time to read: +11 min

CNN —Iowa Republicans who are willing to brave record-low temperatures are set to kick off the party’s 2024 presidential nominating process with Monday night’s caucuses. Now, Iowa voters will render the first verdict of the 2024 election, weighing in on which Republican should take on President Joe Biden in November. Here are five things to watch in the Iowa caucuses:Will Trump top 50%? The Iowa caucuses have a history of paring down both parties’ fields of presidential contenders. Iowa will once again test whether any other Republican can break Trump’s hold on those voters, who have historically been a crucial bloc in the caucuses.

Persons: Donald Trump, Nikki Haley, Ron DeSantis, Joe Biden, Will, Trump, Haley, DeSantis, who’s, who’d, It’s, ” DeSantis, ‘ Darling, ” Trump, he’s, —, ” Haley, “ Donald Trump’s, Nikki Haley’s, ”, she’s “, CNN’s Dana Bash, “, Michele Bachmann, Pennsylvania Sen, Rick Santorum, Mike Huckabee —, Kentucky Sen, Rand Paul, Kim Reynolds, Vivek Ramaswamy, Asa Hutchinson, Ramaswamy, Hutchinson, Mike Pence, Bob Vander Plaats, Koch, Huckabee, Santorum, Texas Sen, Ted Cruz, what’s, “ He’s, they’re, ” “ That’s, I’m Organizations: CNN, Iowa Republicans, South Carolina Gov, Florida Gov, Republican, Will Trump, GOP, Des Moines Register, NBC, Trump, United Nations, Minnesota, Iowa, Arkansas Gov, Kentucky, South Carolina —, Prosperity, Texas, Democratic, New Hampshire —, Praetorian Guard, Fox News Locations: Florida, Iowa, Dubuque, “, Indianola, New Hampshire, South Carolina, DeSantis, Des, “ Iowa, Haley , Iowa, Pennsylvania, Waukee, , Iowa

☆ Why 'True Detective' season 4 opens on a subtle season 1 Easter egg and a Billie Eilish song
▼ + stars: | 2024-01-15 | by ( Kirsten Acuna | ) www.businessinsider.com time to read: +5 min

Warning: There are minor spoilers ahead for "True Detective: Night Country." AdvertisementSeason four of "True Detective" kicked off Sunday night with an ominous quote that has deep ties to the show's lore. How López landed on a Billie Eilish hit for the 'True Detective' season 4 opening creditsKali Reis and Jodie Foster on "True Detective: Night Country." The 'True Detective: Night Country' opening credits are filled with clues about the seasonIssa López and Jodie Foster behind-the-scenes of "True Detective: Night Country." "True Detective: Night Country" airs Sunday nights at 9 p.m. on HBO.

Persons: Issa López, —, Robert W, Chambers, Matthew McConaughey's, Rust, Kirsten Acuna, it's, Castaigne, López, Hildred Castaigne, Liz Danvers, Jodie Foster, Evangeline Navarro, Kali Reis, Billie Eilish, Michele K, Billie Eilish's, Bury, Finneas O'Connell, HBO It's, Peter Anderson, who's Organizations: Service, HBO Locations: Alaska

☆ American consumers are feeling the pain of higher interest rates while Wall Street is having a ball, economist says
▼ + stars: | 2024-01-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Households have been hit hard by rate hikes while Wall Street has thrived, economist Stephanie Pomboy says. Pomboy flagged a surge in consumer credit-card debt in November as proof of mounting pressure. AdvertisementAmerican households are bearing the brunt of higher interest rates, while financial firms are raking it in, according to economist Stephanie Pomboy. She cautioned in September that the Fed's rate hikes would ultimately have a "severe impact" on the economy, companies, and household credit. She also predicted that in the aftermath of the disaster, Americans would balk at racking up credit-card debt again as they did after the mid-2000s housing bubble burst.

Persons: Stephanie Pomboy, —, didn't, Michael Burry, Bob Michele, JPMorgan's Organizations: Consumers, Service, Federal Reserve, Fed, ISI

☆ Youth suicide rates rose 62% from 2007 to 2021: 'People feel hopeless,' one recent grad says
▼ + stars: | 2023-12-05 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

Last year, suicide rates in the U.S. were the highest they had been since 1941, according to data from the Centers for Disease Control and Prevention. From 2007 through 2021, suicide rates for Americans ages 10 to 24 rose 62%, according to the CDC. Young people don't think they can make 'a significant difference'Financial instability has proven to be a large contributing factor in youth suicide. In 2014 and 2015, suicide rates at the Massachusetts Institute of Technology surpassed the national average, which was about 13 deaths per year, according to CDC data. Easier access to guns is linked to increased suicide rates, as well, as gun suicides reached an all-time high in 2022, according to CDC data.

Persons: Young, Katie Meyer, Ian Alexander Jr, Regina King, Ellis Lariviere, Mariana Fabiana, —, Fabiana, Gen Z, ideation, Michele Berk, Berk, Bessel, Van der Kolk, Gen, Carl Fleischer, Fleischer, Nate Bronstein, it's, It's, Carl Fleisher, Jennifer Breheny Wallace, Wallace Organizations: Stanford University, Centers for Disease Control, North Carolina State University, Columbia University, Massachusetts Institute of Technology, MIT, CDC, Boston Child Study, Facebook, Harvard, Yale University, University of California Locations: Brooklyn , New York, U.S, Palo Alto , California, Los Angeles, Chicago

☆ Australia's central bank holds rates steady but retains hiking bias
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo Acquire Licensing RightsSYDNEY, Dec 5 (Reuters) - Australia's central bank held interest rates steady on Tuesday as expected, buying it more time to assess the state of the economy and to determine whether further hikes might be needed next year. Wrapping up its December policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35%, adding economic data received since November had been broadly in line with expectations. "Holding the cash rate steady at this meeting will allow time to assess the impact of the increases in interest rates on demand, inflation and the labour market," RBA Governor Michele Bullock said. She has since warned that inflation has become increasingly driven by domestic demand, requiring a more "substantial" response from interest rates.

Persons: Daniel Munoz, Michele Bullock, Bullock, Stella Qiu, Jamie Freed Organizations: Reserve Bank of Australia, REUTERS, Rights, Thomson Locations: Sydney, Australia

A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing RightsDec 5 (Reuters) - A look at the day ahead in Asian markets. The relative U.S. interest rate outlook right now fits the weaker dollar narrative - futures markets have the Fed cutting rates next year more than any major or emerging market central bank. And even if the Fed does go that far, other central banks are sure to lower their policy rates more than markets are currently predicting. Here are key developments that could provide more direction to markets on Tuesday:- Australia interest rate decision- Japan - Tokyo inflation (November)- South Korea inflation (November)By Jamie McGeever Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Michele Bowman's, Philip Lowe, Jamie McGeever, Josie Kao Organizations: Reserve Bank of Australia, REUTERS, Reserve Bank of, Reuters, Bank of Japan, U.S, Thomson Locations: Sydney, Australia, Japan, South Korea, Asia, masse, Tokyo

MANASSAS, Va. (AP) — A Virginia judge has dismissed felony charges against a former county elections official accused of misconduct in the 2020 election, a decision made after state prosecutors said a key witness changed his story. Very little has been publicly revealed about exactly what prosecutors believe White did wrong. Court records merely indicate that the case revolves around 2020 election returns, including the presidential race. Prince William election officials have previously said that White's successor reported “discrepancies” in results to state officials, but that those discrepancies would not have affected the outcome of any race. Attorney General Miyares' office declined to comment beyond the court filing, citing the ongoing misdemeanor case.

Persons: Prince William County, Michele White, White, Prince William, Jason Miyares, Miyares, Donald Trump, James Herring, “, ” Herring, White's, Zachary Stafford, Stafford Organizations: Republican Locations: Va, Virginia, Commonwealth

☆ 'Way too early' to declare victory over inflation, says ECB's Nagel
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

Joachim Nagel, President of Germany's federal reserve Bundesbank addresses the media during the bank's annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing RightsNICOSIA, Dec 3 (Reuters) - Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted as telling Cypriot newspaper Kathimerini on Sunday. "We have not yet won the fight against inflation," said Nagel, who visited Cyprus last week. "Add in a scenario where an escalation of geopolitical tensions could imply higher inflation and it becomes clear that it would be way too early to declare victory over high inflation rates," said Nagel, an influential voice on the ECB's rate setting Governing Council. "All in all, I expect inflation to carry on declining, but at a slower pace and with possible bumps along the way," Nagel said.

Persons: Joachim Nagel, Kai Pfaffenbach, Nagel, " Nagel, Michele Kambas, David Goodman Organizations: REUTERS, Rights, Cypriot, Central Bank, ECB, Thomson Locations: Frankfurt, Germany, Rights NICOSIA, Cyprus

☆ Ron DeSantis is running the Iowa playbook — and hoping that’s what still counts
▼ + stars: | 2023-12-02 | by ( Alec Hernández | Bianca Seward | ) www.cnbc.com time to read: +8 min

Ron DeSantis' campaign is announcing the completion of a longtime campaign pledge Saturday: touring all of Iowa's 99 counties, a milestone for a campaign that has devoted significant resources to the first-in-the-nation contest. On paper, DeSantis has made significant strides in running a traditionally successful Iowa campaign, racking up influential endorsements and dedicating significant time, personnel and financial resources to the state. And while the DeSantis campaign, with significant super PAC help, has stayed focused on Iowa, it remains unclear just what the traditional Iowa playbook counts for in this unusual modern campaign against Trump. "Winning an Iowa caucus requires a strong combination of outworking and out-organizing the competition and that's been the Ron DeSantis model. Inside the sprint to the caucusesStill, the DeSantis playbook in Iowa hardly stops at the "Full Grassley."

Persons: Ron DeSantis, Scott Olson, Sen, Chuck Grassley, Donald Trump, Nikki Haley, DeSantis, haven't, Biden, Sparks, Newsom, Trump, Former Pennsylvania Sen, Rick Santorum, Texas Sen, Ted Cruz, Mike Huckabee, Santorum, Michele Bachmann, Ryan Binkley, Red Oak, Iowa Sen, Joni Ernst, —, Grassley, Andrew Romeo, that's, Kim Reynolds, Bob Vander Plaats, Reynolds, Vander, Iowans, Haley, Joe Biden, She's, Olivia Perez, David Hansen, Hansen, Tim Scott Organizations: Florida, Machine, Getty, Florida Gov, United Nations, Iowa, NBC, White, Trump, Presidential, Former Pennsylvania, Republican, NBC News, Des Moines Register, Prosperity, Waterloo Locations: Davenport , Iowa, Newton , Iowa, Florida, Arizona, Iowa, Former, Texas, Iowa's, Wright, Des Moines, Red, New Hampshire, Iowa , New Hampshire, South Carolina, Ron DeSantis ' Iowa, Midwest, Plainfield

☆ The Garisenda 'leaning tower' in Bologna, Italy, is on 'high alert' for collapse
▼ + stars: | 2023-12-01 | by ( Julia Buckley | ) edition.cnn.com time to read: +7 min

CNN —It’s the ‘leaning tower’ that has stood tipsily – but steadily – for nearly 1,000 years. But now, the days of the Garisenda tower in Bologna, Italy, could be numbered. Following investigations last month, the city is instigating a civil protection plan for the “sudden and unexpected collapse of the tower,” which has dominated the Bologna skyline since the 12th century. The Garisenda leans at an angle of four degrees – only a little more upright than the Leaning Tower of Pisa’s five degrees. “The overall situation has unfortunately worsened considerably, with worrying implications for the overall stability of the tower,” reads the report.

Persons: we’ll, Stanley Tucci, CNN —, “, ”, Dante, Michele Lapini, Garisenda, Matteo Lepore, ‘ Organizations: CNN, intel, Bologna’s, Bologna, UNESCO Locations: Bologna, Italy, Manhattan

☆ The secret history of Japan’s best sweets
▼ + stars: | 2023-12-01 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

Many of Japan’s present-day favorite wagashi – sweets – have their origins on Kyushu. Castella (kasutera in Japanese) also makes an appearance in another popular Japanese sweet, dorayaki. Here, the castella cake is thinner and made into a pancake with a layer of sweet red bean paste inside. Europe meets Japan, Japan meets EuropeAnother European sweet that got the Japanese treatment is macarons. For him, it’s a way of honoring Japan’s small producers, in addition to introducing these flavors to the hotel’s guests.

Persons: Joyi Chang, It’s, ”, Michele Abbatemarco, there’s, Margaret, Emperor, –, Miyamoto Shoko, it’s Organizations: CNN, Japan CNN Locations: Kyushu, Japan, Macao, Nagasaki, Portuguese, Japan’s, Portugal, Fukusaya, Fukuoka, Fukusaya’s, Hakata Station, Europe, Otemachi, Saga City, Tokyo, Spain, Netherlands, England

☆ From trauma to rainbows; Israel festival survivors heal in Cyprus
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

MILIOU, Cyprus Dec 1 (Reuters) - Deep within the lush mountainous forests of Cyprus, survivors of the Oct. 7 music festival bloodbath in Israel practice yoga, paint and meditate as they try to come to grips with the trauma. Israeli businessman Yoni Kahana, who operates the retreat on the east Mediterranean island, is hosting survivors free of charge. Aided by an Israeli NGO, IsraAID, the Secret Forest retreat in the mountains above Paphos in western Cyprus has a steady rotation of festival survivors seeking solace. He said more than 1,800 Israelis had signed up to a programme which includes yoga, therapy sessions, hiking and meditation overseen by up to 20 volunteer therapists. Many trauma survivors turn to art in an attempt to externalise their feelings, painting with red, white and black, the colours of trauma, before adding rays of sun, a rainbow, or a flower, said therapist Lilach Galkin.

Persons: Matan Madar, Dor, Neta Cohen, Yoni Kahana, Rahamim, Lilach Galkin, Hope, I've, Michele Kambas, Tomasz Janowski Organizations: Hamas, Thomson Locations: MILIOU, Cyprus, Israel, Gaza, Israeli, Paphos

☆ Despite Pause, a Long-Term End to Israel-Hamas War Is Not in Sight
▼ + stars: | 2023-12-01 | by ( Michele Chabin | ) www.usnews.com time to read: +6 min

Its militants killed 1,200 Israelis and foreign nationals, most of them civilians, and fired thousands of rockets into Israel. The ministry does not distinguish between civilians and combatants or those killed by IDF airstrikes or errant Palestinian rockets. At the completion of a humanitarian truce that began on Nov. 24, Israel’s goal is to gain military control over northern Gaza and gradually ferret out Hamas in southern Gaza. The operation in the south “will require a very different mode of operation,” Novik said, because 2 million Palestinian civilians – half of them displaced from northern Gaza – live there. As long as Hamas remains a threat, most of the 200,000 Israelis evacuated from southern Israel cannot go home.

Persons: ”, Nimrod Novik, Israel, ” Novik, Jake Sullivan, Israel’s, “, ” Jonathan Rynhold, Joe Biden, Biden, Jeff Horwitt, Gilad Shalit, Sara Hirschhorn, “ Israel, ” Hirschhorn Organizations: Hamas, Israel, “, U.S, Israel Defense Forces, CBS, Bar Ilan University, NBC, Democratic, Hart Research Associates, Biden, Israel Democracy Institute, University of Haifa, Israel’s Finance Ministry, Palestinian Liberation Organization Locations: JERUSALEM, Israel, Gaza, Lebanon

☆ GSK CEO says RSV vaccine revenue to top 1 bln pounds in first year
▼ + stars: | 2023-11-30 | by ( Michele Gershberg | ) www.reuters.com time to read: +4 min

GSK had previously forecast 2023 sales for Arexvy between 900 million pounds and 1 billion pounds ($1.26 billion) following a strong U.S. launch. "We’re delighted with the start of our RSV vaccine," Walmsley said in a Reuters Newsmaker interview. The U.S. Food and Drug Administration (FDA) approved Arexvy for adults aged 60 years or older in May and GSK launched the vaccine in the U.S. later in the year. GSK made close to two-thirds of RSV doses given in the United States since early September, according to IQVIA data earlier this month. On Tuesday, rival Pfizer (PFE.N) said it was disappointed in the performance of its RSV shot Abrysvo compared with GSK.

Persons: Walmsley, GSK's, Emma Walmsley, We’re, David Denton, AstraZeneca's, commercialise Johnson, Ludwig Burger, Michael Erman, Josephine Mason, Kirsten Donovan, Elaine Hardcastle Organizations: GSK, Reuters, U.S . Food, Drug Administration, Pfizer, U.S, Thomson Locations: British, U.S, Europe, Japan, United States

Helping these countries, which face some of the biggest risks from climate change, access these will be a key aim during the COP28 climate talks underway in Dubai. Ambitions for results at COP28 got off to a good start on the opening day on Thursday when countries approved plans for the climate disaster fund, after months of negotiations. About 60% of low-income countries are either in or at high risk of debt distress, the CDP said. The Central Asia Regional Economic Cooperation Program, for example, aims to agree a disaster relief bond issuance and a regional risk transfer facility, the ADB's Principal Disaster Risk Insurance and Finance Specialist, Thomas Kessler, told Reuters. "We are ready to scale up climate protection through early warning systems, anticipatory cash, climate insurance and community-based resilience projects," said Gernot Laganda, director of Climate and Disaster Risk Reduction at the United Nations World Food Programme.

Persons: COP28, Ekhosuehi Iyahen, IDF's Iyahen, Michèle Plichta, Lydia Poole, Odile Renaud, Basso, Thomas Kessler, Otis, Gernot Laganda, Alessandro Parodi, Simon Jessop, Libby George, Karin Strohecker, Susan Fenton Organizations: Insurance, Forum, PAF, Disaster, European Bank for Reconstruction, Global, Swiss, Central Asia Regional Economic Cooperation, Finance, Reuters, UN, University of Cambridge's Institute for Sustainability Leadership, United Nations, Food, Thomson Locations: GDANSK, LONDON, Dubai, London, Mexico

☆ Gucci staff strike over plans to relocate to Milan
▼ + stars: | 2023-11-29 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Dozens of employees at Italian fashion house Gucci staged a strike on Monday to protest the company’s decision to move its design office from Rome to Milan. CGIL has argued that asking staff to move to Milan, approximately 300 miles north of the capital, in the first half of 2024 was tantamount to laying them off. Alessandro Garofalo/ReutersFollowing the departure of creative director Alessandro Michele in 2022, Gucci owner Kering shook up the label’s top management. While sales of luxury goods were on a tear earlier in the year, the market cooled in the second half of 2023. The designer gave the old Gucci codes a refresh sending babydoll dresses, tailored short suits, fringed skirts, hoodies and bejeweled knitwear down the runway.

Persons: Gucci, CGIL, ”, Gucci’s, Sabato De Sarno, Alessandro Garofalo, Alessandro Michele, Kering, Valentino, Marco Bizzarri, Jean, François, Yves, Yves Saint Laurent, Bottega, ” Gucci, De Sarno, “ Gucci Ancora ”, “, Julia Roberts, Ryan Gosling, Jessica Chastain, Kendall Jenner, Julia Garner, bejeweled Organizations: CNN, Reuters, Yves Saint, Gucci Locations: Rome, Milan, Bottega Veneta, Balenciaga

☆ Australia Oct retail sales slip as consumers hold off for Black Friday sales
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

Women shop for clothes on a store in a shopping mall in Sydney's central business district (CBD) Australia, February 5, 2018. REUTERS/Daniel Munoz/File Photo Acquire Licensing RightsSYDNEY, Nov 28 (Reuters) - Australian retail sales unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving some money to splurge on Black Friday sales that took place this month. Retail sales fell 0.2% from September to A$35.77 billion, data from the Australian Bureau of Statistics (ABS) showed on Tuesday. "This is a pattern we have seen develop in recent years as Black Friday sales grow in popularity." Data from e-commerce firm Shopify also showed that point-of-sale sales made by its merchants in Australia during this year's Black Friday sales grew 27% from a year ago.

Persons: Daniel Munoz, Ben Dorber, Shopify, that's, Marcel Thieliant, Michele Bullock, Stella Qiu, Tom Hogue, Edwina Gibbs Organizations: REUTERS, Rights, Australian Bureau of Statistics, Black, ANZ, Asia Pacific, Capital Economics, Reserve Bank of Australia, Thomson Locations: Australia

While emerging market and Asian equities clocked up decent gains on Tuesday, Wall Street struggled to make much headway despite a seemingly constructive market and economic backdrop. The dollar, Treasury yields, and stock market volatility all fell, and U.S. consumer confidence was higher than expected. Fed Governor Christopher Waller - thought to be close to Fed Chair Jerome Powell's thinking on policy - also signaled that U.S. interest rates could be cut in the months ahead. Thailand's central bank is also expected to keep rates on hold, at 2.50%, through the middle of 2025. Here are key developments that could provide more direction to markets on Wednesday:- New Zealand interest rate decision- Thailand interest rate decision- Australia inflationBy Jamie McGeever Editing byOur Standards: The Thomson Reuters Trust Principles.

Persons: Issei Kato, Christopher Waller, Jerome Powell's, That's, Michele Bullock, Jamie McGeever Organizations: U.S, REUTERS, Wall, Treasury, Fed, Nasdaq, Reserve Bank of New, New Zealand, Reserve Bank of Australia, Thomson, Reuters Locations: Tokyo, Japan, New Zealand, Thailand, Australia, U.S, Thailand's, Zealand

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