Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Noor"


25 mentions found


CNN —Authorities in Pakistan’s Punjab province have arrested more than 100 people after crowds descended on churches and set them on fire on Wednesday, raising concerns over the discrimination faced by religious minorities in the country. At least 17 churches have been vandalized since Wednesday, according to the National Commission for Human Rights (NCHR), a Pakistani government body. The attacks took place after a Christian man was accused of committing blasphemy and desecrating the Quran. “According to NCHR inquiry, 17 Churches in #Jaranwala have been targeted. 12 registered churches and 5 smaller, unregistered churches,” NCHR posted on X, previously known as Twitter, on Thursday.
Persons: ” NCHR, Anwaar, Haq Kakar, , Mumtaz Zahra Baloch, ” Baloch, Riina Kionka, Prophet Mohammed, Asia Bibi Organizations: CNN, Authorities, National Commission for Human Rights, ” Ministry of Foreign, ” Police, PM, European Union Locations: Pakistan’s Punjab, Pakistani, Jaranwala, Punjab, Islamabad, Faisalabad, Pakistan, EU, Lahore’s Badami Bagh
The NewsThailand’s Constitutional Court on Wednesday dismissed a petition to renominate Pita Limjaroenrat, a leading candidate, as the country’s next prime minister. Mr. Pita, 42, led the progressive Move Forward Party to a surprise victory in the general election in May. But last month, the military-appointed Senate voted against him when he was nominated as prime minister by a new coalition. Pheu Thai, a populist party co-founded by former prime minister Thaksin Shinawatra, said on Tuesday it would nominate Srettha Thavisin, a real estate tycoon, as its prime minister candidate. The next vote for prime minister will take place in Parliament on Aug. 22, the House speaker, Wan Muhamad Noor Matha, said.
Persons: Pita Limjaroenrat, Pita, Pita’s, Thaksin Shinawatra, Srettha, Mr, What’s, Sansiri, Pheu Thai’s, Phumtham Wechayachai, Wan, Matha Organizations: Party Locations: Thailand
CNN —More than one million people have fled Sudan to neighboring countries since April, according to the United Nations, as fighting between two warring factions plunges the country into civil war. The conflict in Sudan has displaced more than 3.4 million people inside the country, a report released on Tuesday by the International Organization for Migration (IOM) said. Those who escaped Sudan have arrived in other countries in the region including Egypt, Libya, Chad, the Central African Republic, South Sudan and Ethiopia. The regional director of the UN Population Fund (UNFPA) said the spike in gender-based violence amounts to war crimes and crimes against humanity. More than one million people have fled Sudan into neighboring countries since April, the UN reported.
Persons: ” Laila Baker, Zohra Bensemra, ” Baker, Liz Throssell, , Malik Agar, , Abdel Fattah al, Burhan, Mohamed Hamdan Dagalo, Omar al, Bashir Organizations: CNN, United Nations, International Organization for Migration, Central African, Rapid Support Forces, UN, UN Population Fund, Human Rights, Sovereign, Sudan’s Rapid Support Forces Locations: Sudan, Egypt, Libya, Chad, Central African Republic, South Sudan, Ethiopia, East, Geneina, Darfur, Ourang, Adre
The damage at the Ho'Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Acquire Licensing RightsAug 16 (Reuters) - Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are estimated to be about $3.2 billion, catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday. More than 2,200 structures fall within the fire perimeter, KCC estimated, citing an independent geospatial analysis of satellite and aerial imagery. The high proportion of wood frame and older construction present in the Lahaina buildings likely contributed to the damage, it said. Moody's Investors' Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii would be at least $1 billion.
Persons: Jorge Garcia, Karen Clark, KCC, Aon, Noor Zainab Hussain, Saumyadeb Organizations: REUTERS, Karen Clark & Company, Insurance, Investors, Tokio, Allstate, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Bengaluru
Move Forward Party Leader Pita Limjaroenrat looks on at a voting session for a new prime minister at the parliament, in Bangkok, Thailand, July 13, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Aug 16 (Reuters) - Thailand's Constitutional Court was due on Wednesday to decide whether to review a parliamentary decision that blocked a second prime ministerial bid by election winners Move Forward, a move that could end or prolong weeks of political deadlock. If it declines to review the decision, parliament could schedule a vote within days on the prime ministerial candidacy of businessman and political neophyte Srettha Thavisin, of the second-place Pheu Thai Party. House speaker Wan Muhamad Noor Matha has previously said a vote could be held as early as this Friday or Aug. 22. Move Forward on Tuesday declined to back former alliance partner Pheu Thai, arguing its government would not reflect the will of the people.
Persons: Pita Limjaroenrat, Athit, Pita, Wan Muhamad, Matha, Pheu, Chayut Setboonsarng, Martin Petty Organizations: REUTERS, Rights, Thai Party, Thomson Locations: Bangkok, Thailand, Rights BANGKOK
Yet the final days of Imran Khan’s political career tell a contrasting tale. Khan’s supporters – some armed with sticks and stones – marched through cities, chanting slogans against the ruling dispensation. To his supporters, Khan was seen as a political martyr, someone they had vowed to defend till the very end. Analysts say Khan’s arrest following a yearlong showdown with the military sends a pointed message to the former prime minister and his supporters. “Imran Khan’s political will wasn’t strong enough to begin with from what we saw.
Persons: Imran Khan’s, Khan, Khan’s, , , Arifa Noor, , Imran Khan, Jemima Goldsmith, Patrick Durand, Sygma, Pervez Musharraf, Arif Ali, Noor, “ Imran Khan’s, Shehbaz Sharif, Aamir Qureshi, Mr, Syed Zulfiqar Bukhari, Salaar Khan, Khawaja Asif, Khan won’t, “ Imran, ” Noor Organizations: CNN, Cricket, Getty, Oxford University, Movement for Justice, PML, AP, Pakistan’s, PTI, CNN Monday Locations: Pakistan, Lahore, Islamabad, British India, It’s, Melbourne, Australia, Khan, British, AFP, India, Afghanistan, United States, Gujranwala
Yoga involving furry companions is a popular trend around the world, with sessions involving goats and dogs usually drawing crowds looking to bust stress. “People walk in stressed and walk out rejuvenated,” says co-organizer Noor, who did not want to use her full name. I simply had to attend.”The Paw Hour has teamed up with individual cat rescuers to help cats find homes and to promote awareness about pet adoption. “This is a class full of smiles that usually ends with happy stories of kittens getting adopted,” says yoga teacher Surbhi. All the kitten yoga sessions held in Delhi this year so far have seen high demand, says Mona, who also only wanted to be identified with one name.
Persons: , Mona, Noor, Chandreyee Sarkar, Surbhi, Anushree Fadnavis, Blassy Boben, Sharon Singleton Organizations: Thomson Locations: DELHI, Vasant Kunj, New Delhi, Delhi, Bengaluru
The first group of migrants has arrived on board the boat, named Bibby Stockholm, which is docked in Portland, on the Dorset coast of southwest England, PA Media news agency reported. Medical practitioners flagged safety concerns over the Bibby Stockholm, after it was called a “death trap” by the UK’s Fire Brigades Union (FBU) on Wednesday. Campaigners flagged safety concerns over the UK government's plans to house 500 asylum-seekers on the boat. Finnbarr Webster/Getty ImagesPublic health experts warned that the cramped living conditions of the barge increase the risk of respiratory infections spreading. Housing any human on a ‘floating prison’ like the Bibby Stockholm is unacceptable.
Persons: Bibby Stockholm, Jenny Harries, Harries, Bibby, Finnbarr Webster, Andrew Matthews, Ben Selby, ” Selby, Oliver Dowden, Dowden, Steve Smith, Organizations: CNN, Media, Bibby, UK’s Fire Brigades, UK Health Security Agency, BBC Radio, Portland Port, Sunday, Getty, Public, Andrew Matthews / Press, AP, Sky News, Conservative Locations: England, Portland, Dorset, Britain, Bibby Stockholm, France
Kyiv last week replaced the Soviet hammer and sickle symbol with a trident – the Ukrainian coat of arms – on the shield of the Motherland Monument, which dominates the capital’s skyline. Its construction began in 1979, and it depicted a woman holding a sword and a shield emblazoned with the Soviet hammer and sickle symbol. Workers remove the Soviet-era emblem from the motherland monument in Kyiv on August 1, 2023. And they don’t know how.”Putin’s desire to undermine Ukrainian national identity and autonomy has remained a key motivation for the conflict. Kudrya, meanwhile, was a Soviet spy and a leader of a sabotage group in Kyiv during World War II.
Persons: Vladimir Putin’s, Valentyn Ogirenko, Pilipey, ” “, , Maria Zakharova, Putin, Andrei Ivanov, Andriy Ivanov, Ivan Kudrya, John McCain, Andreyi, , McCain, Kudrya, ” “ McCain, Ukraine …, Pobigay Organizations: CNN, Getty, Russian Foreign, Kremlin, UNESCO, Locations: Ukraine, Kyiv, Soviet, Ukrainian, Kyiv's, AFP, Kiev, Russian Kiev, Moscow, Latvian, Pavlenko, Russia
CNN —Controversial internet influencer Andrew Tate and his brother Tristan have been released from house arrest in Romania ahead of their trial on charges of human trafficking and rape, Bucharest’s Court of Appeals announced on Friday. The Tate brothers and two Romanian female accomplices were released from house arrest and put under judicial control for a period of 60 days from August 4 to October 2, according to a court statement. The suspects were under house arrest pending a criminal investigation for abuses committed against seven women, accusations they have denied. Prosecutors have said the Tate brothers recruited their victims by seducing them and falsely claiming to want a relationship or marriage. Andrew Tate (right) and his brother Tristan (left), pictured in Bucharest on August 1, 2023, were released from house arrest on Friday.
Persons: Andrew Tate, Tristan, Tate, Andreea Alexandru, Jayne Butler, Organizations: CNN, Appeals, Prosecutors, American, Wales Locations: Romania, Romanian, Bucharest, British, England, Ilfov
Belarusian soldiers and Wagner troops attend joint training exercises near the border city of Brest, in Belarus on July 20, 2023 amid increased border tensions between Warsaw and Minsk. Belarus' Defense Ministry/Handout/AP/FileMinsk had informed Warsaw about the exercise, but a border crossing took place in the eastern Bialowieza region at a “very low altitude, making detection by radar systems difficult,” the Polish defense ministry said in a statement. Polish Defense Minister Mariusz Blaszczak subsequently ordered that more troops and combat helicopters be deployed along the border, the ministry added. “By deploying troops from both the west (Kaliningrad) and the east (Belarus), Russia would be able to effectively cut off the Baltic States from its NATO allies in central and western Europe. Five EU countries, four of whom border Ukraine – Poland, Slovakia, Hungary, Romania and Bulgaria – lifted sanctions on the import of Ukrainian grain, which they had installed to protect their own agricultural industries.
Persons: Wagner, Alexander Lukashenko, Wagner’s, Mariusz Blaszczak, Mateusz Morawiecki, Paweł Jabłoński, Barbara Yoxon, Putin, , ” Yoxon, , Yoxon, Bulgaria –, Marcin Przydacz, Poland Organizations: CNN, NATO, EU, Belarus ' Defense Ministry, Polish, Belarusian Air Force, Air Defense Forces, Lancaster University, , Presidential, International, Ukraine, Locations: Poland, Belarus, Minsk, Europe, Warsaw, Belarusian, Lithuania, Russian, Moscow, Brest, Polish, EU, Russia, Kaliningrad, Baltic, Grodno, England, Ukraine, Baltic States, Latvia, Estonia, Western, Ukrainian, Slovakia, Hungary, Romania, Bulgaria, Kyiv, Republic of Poland
REUTERS/Brendan McDermid/File PhotoAug 1 (Reuters) - American International Group (AIG.N) exceeded second-quarter profit expectations on Tuesday, driven by growth at its life and retirement unit and lower-than-expected catastrophe losses in what was a very expensive quarter for the industry. AIG, one of the world's biggest commercial insurers, said net premiums written in its general insurance arm for the quarter ended June grew 10% to $7.5 billion. AIG's life and retirement unit saw a 42% jump in premiums and deposits, partly helped by record sales in fixed index annuities. AIG's general insurance accident year combined ratio was 88%, compared with 88.5%, a year earlier. The metric excludes catastrophe losses and a ratio below 100 signifies that the insurer earns more from premiums than it pays out in claims.
Persons: Brendan McDermid, Mawar, Gallagher, Noor Zainab Hussain Organizations: AIG, REUTERS, American International, Companies, Thomson Locations: New, New York, Guam, United States, Bengaluru
CNN —France was preparing to evacuate French and European citizens from Niger on Tuesday after a presidential coup plunged the West African nation into a political crisis that polarized neighboring countries in the region. A message from the French embassy to French citizens in Niger, seen by CNN, instructed those wishing to be evacuated to bring food and water with them while they wait before boarding. Stringer/ReutersFrance and the European Union also cut off financial aid to Niger following the coup. Niger has “endemic problems, poverty, and terrorism, so there are many factors contributing to instability in the country,” Hudson added. In the wake of the deposition, some Nigeriens expressed their anger against the legacy of French colonialism and its continued influence in the West African country.
Persons: Catherine Colonna, Antonio Tajani, Mohamed Bazoum, Major Amadou Abdramane, Stringer, insurgencies, Bazoum, Cameron Hudson, ” Hudson, Issifou Djibo Organizations: CNN —, French, LCI, Embassy, CNN, Italian Foreign Ministry, West African States, Getty Images Security, Reuters, European Union, Nigerien, Niger, Center, Strategic, International Studies, World Bank, French Armed Forces, National Assembly Locations: CNN — France, Niger, West, France, Niamey, , Nigerien, Italy, Burkina Faso, Mali, Sahel, AFP, Reuters France, Guinea, Niger ., Niger’s, Africa’s Sahel, Nigeria, Western, Russia, Elysee, Moscow
CNN —The Nigerien military has backed coup leaders who have reportedly seized the president of the West African country, prompting warnings from international leaders over further unrest in a region plagued by political volatility. President Bazoum was apparently taken by members of the presidential guard on Wednesday, although his precise whereabouts remain unknown. Niger’s presidential office said in a statement on Twitter on Thursday: “The hard-won achievements will be safeguarded. Niger's President Mohamed Bazoum, pictured on December 13, 2022, was reportedly seized by members of the presidential guard on Wednesday. 1,000 US troopsWorld leaders and humanitarian bodies issued stark warnings against the coup leaders.
Persons: Mohamed Bazoum, insurgencies, Bazoum, Evelyn Hockstein, Maj, Amadou Abdramane, Abdramane, Jake Sullivan, Washington, Volker Türk, ” Türk, General Antonio Guterres, Bazoum “, African Union Commission Moussa Faki Mahamat, Organizations: CNN, Nigerien, Twitter, country’s Ministry of Defense, Interior Ministry, National Guard, White, US, Air Base, United Nations, Human, UN, African Union Commission Locations: West, ” Niger, Sahel, Mali, Burkina Faso, United States, France, Niger, Niamey, Washington, Agadez, The
Wells Fargo approves new $30 billion share buyback program
  + stars: | 2023-07-25 | by ( ) www.reuters.com   time to read: 1 min
July 25 (Reuters) - Wells Fargo (WFC.N) said on Tuesday its board had authorized a new share buyback program of up to $30 billion. The bank's shares rose 1% in extended trading after earlier jumping almost 4% after the announcement. Wells Fargo announced the buybacks days after it reported a 57% jump in profit in the second quarter, which was lifted by customer interest payments. The lender and rival U.S. banking giants raised their third-quarter dividends after sailing through the Federal Reserve's annual health check, which showed they have enough capital to weather a severe economic downturn. Reporting by Noor Zainab Hussain in Bengaluru and Lananh Nguyen in New York; Editing by Arun Koyyur and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons: Wells, Wells Fargo, Noor Zainab Hussain, Lananh Nguyen, Arun Koyyur, Chris Reese Organizations: Federal, Thomson Locations: Bengaluru, Lananh, New York
CNN —Ukraine’s Defense Minister Oleksii Reznikov says that Ukraine will continue carrying out attacks on Russian-occupied Crimea and the Kerch Bridge that connects it to the Russian mainland, while also admitting that Ukraine’s plan for its sluggish counteroffensive is behind schedule. As Russia has pummeled the southern port city of Odesa and the surrounding region over the past week, Ukraine has continued to carry out strikes inside Crimea. On Tuesday, Ukrainian drones hit an ammunition depot, just a week after seaborne drones struck the Kerch bridge. If Ukrainian forces can successfully puncture Moscow’s sizeable defense lines along Ukraine Sea of Azov coastline that links Crimea to Donbas, Reznikov said it would be “a good result” for Kyiv. Ukraine has gained “real combat experience – how to deter Russians, to defeat them, to beat them with using NATO standard weaponry,” he added.
Persons: CNN —, Oleksii Reznikov, ” Reznikov, Reznikov, CNN’s Alex Marquardt, , , , Volodymyr Zelensky, “ ” Organizations: CNN, CNN — Ukraine’s, Senior, Ukrainian, Ukrainian Armed Forces, Reuters, Western, Kyiv, NATO Locations: Ukraine, Crimea, Kerch, Russian, Russia, Odesa, Moscow, , Ukrainain, Reuters Moscow, Kyiv, Reuters Ukrainian, Donbas, Kherson, Kharkiv, United States, France, Germany, Europe, Lithuanian, Vilnius, NATO, Washington
So far the signs of revival has not translated into strong investment banking revenue, but markets see a better outlook. Goldman took $1.4 billion in writedowns in the second quarter tied to its consumer businesses and real estate investments. In discussing their earnings, Wall Street executives cited a flurry of initial public offerings as an encouraging sign that activity in capital markets will pick up after months in the doldrums. The lender was buoyed by a slight pickup in equity capital markets and a focus on its middle-market business. At Citigroup (C.N), CEO Jane Fraser warned on Friday that "the long-awaited rebound in investment banking has yet to materialize."
Persons: Morgan Stanley, Brendan McDermid, dealmaking, Goldman Sachs, Morgan, , Rick Meckler, Goldman, Meckler, Mike Loewengart, David Solomon, Sharon Yeshaya, Alastair Borthwick, Jane Fraser, Mark Mason, Jeremy Barnum, Tatiana Bautzer, Sinead Carew, Saeed Azhar, Noor Zainab Hussain, Lananh Nguyen, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, Cherry Lane Investments, Wall Street, Morgan, Reuters, Bank of America's, Citigroup, JPMorgan, Thomson Locations: New York City, U.S, New Vernon , New Jersey, writedowns, New York, Bengaluru
NEW YORK, July 19 (Reuters) - Goldman Sachs' (GS.N) profit dropped 60% in the second quarter, missing estimates, as the bank's retreat from consumer businesses and declining real estate investments weighed on earnings. The results were the worst for the Wall Street giant since the second quarter of 2020, when it took writedowns over corruption scandal linked to Malaysian state fund 1MDB. "It definitely feels better over the course of the last six, eight weeks," Solomon told analysts on a conference call. "This moment in the economic cycle creates meaningful headwinds for Goldman Sachs," Solomon said told analysts on a conference call. Net earnings dropped 62% to $1.07 billion in the second quarter versus $2.79 billion a year earlier.
Persons: Goldman Sachs, David Solomon, Solomon, Goldman, Keith Horowitz, Goldman's Marcus, Marcus, Morgan Stanley, MS.N, headcount, Niket Nishant, Noor Zainab Hussain, Saeed Azhar, Johann M Cherian, Arun Koyyur, Nick Zieminski, Anna Driver Organizations: YORK, Analysts, Citigroup, Goldman, Revenue, JPMorgan Chase, Reuters, Thomson Locations: Malaysian, writedowns, Bengaluru, New York
Goldman profit slides to three-year low on consumer losses
  + stars: | 2023-07-19 | by ( ) www.reuters.com   time to read: +3 min
The bank took a writedown of $504 million tied to its GreenSky business and $485 million related to its consolidated real estate investments. It was Goldman's lowest quarterly profit since the second quarter of 2020. Trading revenue for fixed income, currency and commodities fell 26%, while equities trading revenue was broadly unchanged. On Tuesday, Goldman's peer Morgan Stanley (MS.N) said its investment banking revenue was in line with last year, but the trading business had weakened. However, uncertainty about the trajectory of the economy continues to be a hurdle with global mergers and acquisitions activity falling 36% from last year in the second quarter.
Persons: Goldman, David Solomon, GreenSky, Goldman's Marcus, Marcus, Morgan Stanley, MS.N, Niket Nishant, Noor Zainab Hussain, Saeed Azhar, Arun Koyyur Organizations: Goldman Sachs, Analysts, Investment, Federal Reserve, Reuters, Thomson Locations: Bengaluru, New York
President Cyril Ramaphosa’s office said Putin will not attend the conference “by mutual agreement,” adding that Russian Foreign Minister Sergei Lavrov would visit instead. In the months following, South African lawmakers have made contradictory statements over the country’s obligation to arrest Putin should he attend the summit. As a signatory to the Rome statute, the treaty governing the Hague court, South Africa is compelled to arrest individuals indicted by the ICC. Western diplomats have criticized South African lawmakers for their perceived solidarity with Russia since the start of that conflict. “I must highlight, for the sake of transparency, that South Africa has obvious problems with executing a request to arrest and surrender President Putin,” Ramaphosa said, according to the court’s document.
Persons: Vladimir Putin, Cyril Ramaphosa’s, Putin, Sergei Lavrov, Maria Lvova, Ramaphosa, , ” Ramaphosa, Dmitry Peskov, Ramaphosa’s, ” Peskov, , Omar al, Bashir Organizations: CNN, Kremlin, Russian, Criminal Court, ICC, Hague, United Nations General, Cape Town Locations: Johannesburg, Ukraine, Brazil, India, China, Russian, Russia, Rome, South Africa, Cape, Africa, Darfur
The Russian-backed leader of Crimea, Sergey Aksyonov, said on Telegram that “a fire occurred at a military training ground.” Askenov said residents of four surrounding villages – more than 2,000 people – were being evacuated. Smoke and flames billow over a military training ground following an explosion in the Kirovske district, Crimea, on July 19, 2023. Kyiv has not commented on Wednesday’s explosions at the Crimea training ground. Ukraine’s attack on the Crimea bridge dealt a logistical and symbolic blow to Moscow’s faltering military campaign. The $3.7 billion-dollar corridor, which is 12 miles long, is a critical artery for supplying the peninsula with both its daily needs and supplies for the Russian military, in addition to fuel and goods for civilians.
Persons: Sergey Aksyonov, ” Askenov, Vladimir Putin, Odesa, Volodymyr Zelensky, Hennadii Trukhanov, , Denis Pushilin Organizations: CNN, Reuters, Russian Grey Zone Telegram, Ukrainian, Shadow, Atesh, Ukrainian Air Force, Russian Defense Ministry, Monday, Russian, Presidential Press Service, Reuters Odesa, Facebook, Donetsk People’s, DPR, Ukraine’s Security Locations: Crimea, Stary Krym, Crimea’s Kirorvsky, Russian, Kirovske district, Ukrainian, Russia, Ukraine, Odesa, Iran, Moscow, Donetsk, Donetsk People’s Republic
London CNN —Prince George and Princess Charlotte, the two oldest children of Britain’s Prince and Princess of Wales, sat on the edge of their seats in the Royal Box to watch the nail-biting men’s Wimbledon final on Sunday. Charlotte (center left), and George (center right) sit in the Royal Box ahead of the men's singles Wimbledon final on Sunday. Dylan Martinez/ReutersCharlotte and George cheer emphatically as they watch the epic men's finale of the prestigious tennis tournament. Alcaraz became the third-youngest Wimbledon champion in the Open Era, adding a second major title to his resume after winning the US Open in September. “Congratulations to the new men’s #Wimbledon champion @carlosalcaraz.
Persons: London CNN — Prince George, Princess Charlotte, Prince, Princess of Wales, Carlos Alcaraz, Novak Djokovic, Stella, Gordon Reid, George, Andrew Couldridge, Reuters Kate, Charlotte, Dylan Martinez, Karwai Tang, Prince William, Catherine , Princess of Wales, Alcaraz, Tim Clayton, Corbis, Kate, Julian Finney, Princess, Wales, ” King Felipe of, Brad Pitt, Daniel Craig, Rachel Weisz, Ariana Grande, Tom Hiddleston Organizations: London CNN, Wimbledon, UK’s, Media, Reuters, Getty, Charlotte, Djokovic, Lawn Tennis, Twitter, BBC, CNN’s Royal Locations: British, Charlotte, Reuters Charlotte, Kensington, ” King Felipe of Spain
"We have to wait for the constitutional court to make its decision on August 16 before determining when we will have the vote again," Wan Noor told reporters. The Thai baht has weakened this week on the political uncertainty. After the election Move Forward, along with Pheu Thai and six other parties, forged an alliance to try to form a government. But Move Forward's leader, Pita Limjaroenrat, was twice blocked by parliament from becoming prime minister. On Wednesday, Pheu Thai said it would seek to form a new alliance without Move Forward and would nominate real estate tycoon Srettha Thavisin for the premiership.
Persons: Wan Muhamad, Matha, Wan Noor, Thaksin Shinawatra, Pita Limjaroenrat, Pheu, Srettha Thavisin, Chayut, Devjyot Ghoshal, Edmund Klamann, Robert Birsel Organizations: REUTERS, Thomson Locations: Bangkok, Thailand, BANGKOK
July 14 (Reuters) - Wells Fargo (WFC.N) raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending its shares modestly higher. Wells Fargo reported profit of $1.25 per share for the three months ended June 30, beating analysts' average estimate of $1.16 per share, according to Refinitiv data. Shares of Wells Fargo rose 1% to $44.17 in midday trading. Wells Fargo is still operating under an asset cap that prevents it from growing until regulators deem that it has fixed problems from a fake accounts scandal. In January, Wells Fargo said it will slim down its home lending business by reducing its mortgage servicing portfolio and exiting the correspondent lending business.
Persons: Wells, NII, Charlie Scharf, CRE, Michael Santomassimo, Wells Fargo, Scharf, We're, JPMorgan Chase, Noor Zainab Hussain, Manya, Saeed Azhar, Lananh Nguyen, Arun Koyyur Organizations: Federal Reserve, U.S, Wells, U.S . Consumer Financial, JPMorgan, First, Bank, Manya Saini, Thomson Locations: U.S, Wells Fargo, Bengaluru, New York
July 14 (Reuters) - Wells Fargo (WFC.N) raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending shares up 4% in premarket trading. NII climbed 29% to $13.16 billion, benefiting from higher interest rates as Wells Fargo and other banks raised their borrowing costs following a series of rate hikes by the Federal Reserve to tame inflation. Wells Fargo reported profit of $1.25 per share for the three months ended June 30, beating analysts' average estimate of $1.16 per share, according to Refinitiv data. REAL ESTATE WOESThe provision for credit losses included a $949 million increase in the allowance for potential losses in commercial real estate (CRE) office loans, as well as for higher credit card loan balances. Wells Fargo is still operating under an asset cap that prevents it from growing until regulators deem that it has fixed problems from a fake accounts scandal.
Persons: Wells, NII, Charlie Scharf, CRE, Michael Santomassimo, Wells Fargo, Scharf, JPMorgan Chase, Noor Zainab Hussain, Manya, Saeed Azhar, Lananh Nguyen, Arun Koyyur Organizations: Federal Reserve, U.S, Wells, JPMorgan, First, Bank, Manya Saini, Thomson Locations: U.S, Wells Fargo, Bengaluru, New York
Total: 25