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☆ Ukraine says it hit 2 prized Russian command aircraft in just one day
▼ + stars: | 2024-01-15 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewUkraine said it hit two Russian command aircraft in a single day over the weekend. And opposition activists in Belarus said they destroyed a Russian A-50 in their country last February. AdvertisementNeither Ukraine nor Russia release figures for how many of their aircraft have been destroyed, and no fully verified figures exist. But Ukraine has destroyed multiple Russian aircraft in the conflict. Even so, Ukraine is warning that it needs to boost its air defense arsenal to stop Russian aircraft and the drones and missiles that have hit its towns and cities.

Persons: —, HUR, Jake Epstein, Wagner Organizations: Service, Kyiv Post, Ilyushin, Business, Forbes, UK Ministry of Defence, Ilyushin Il, Wagner Group Locations: Ukraine, Kyiv, Russian, Zaporizhzhia, Russia, Belarus

☆ A bride and groom spent their wedding night in hospital after the venue floor collapsed, sending them plummeting 13 feet
▼ + stars: | 2024-01-15 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Newlyweds spent their first night in hospital after the floor of their wedding venue collapsed. AdvertisementA bride and groom spent their wedding day in the hospital after a section of a historic venue in Tuscany collapsed on Saturday night. AdvertisementAccording to the local health authority, they were discharged a few hours later. According to a news release by Tuscany's local health authority, 39 people needed medical treatment. AdvertisementThe owners of the venue told local publication Report Pistoia that they don't understand how the collapse happened, describing it as a "tragic and unpredictable event."

Persons: —, Paolo Mugnaini, Valeria Ybarra, Corriere, Mugnaini, obstetricians, Il Messaggero Organizations: Service, della Locations: Tuscany, American, Pistoia, Italy

We can show you how to get Rolling Stones concert tickets for all the upcoming dates on the 2024 tour. Here's our breakdown of The Rolling Stones' Hackney Diamonds Tour schedule, purchasing details, and original and resale ticket prices. The Rolling Stones 2024 tour scheduleThe first concert date of the Hackney Diamonds Tour is April 28, 2024, with the final date scheduled for July 17, 2024. Ticket prices for The Rolling Stones' Hackney Diamonds tour vary depending on date and location. On StubHub, the cheapest concert ticket prices for the Stones' 2024 tour dates range from $69 in Los Angeles to $338 in New Orleans.

Persons: Mick Jagger, Keith Richards, Ronnie Wood, Jack Flash, We've, Santa Clara, Flash, Zac Brown, Ed Sheeran Organizations: Hackney Diamonds, Hackney, Ticketmaster, city's, Santa, Seattle Locations: North America, Houston , Texas, Santa Clara , California, United States, Canada, Houston, Orleans, LA, Glendale, AZ, Vegas, Seattle, WA, Rutherford, NJ, Orlando, Atlanta, Philadelphia, Cleveland, Denver, Chicago, Vancouver, BC, Angeles, CA, Santa Clara, Los Angeles, New Orleans, Germany

☆ 50 cities showing where rents are surging or dropping compared to home values — and how to determine whether it's worth buying or renting, according to experts
▼ + stars: | 2023-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.

Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City

☆ Rick Riordan Read ‘The Divine Comedy’ to Improve His Italian
▼ + stars: | 2023-11-30 | by ( ) www.nytimes.com time to read: +1 min

I usually have three books going at a time: one in Italian to improve my fluency, a novel in English and a nonfiction work in English. Another two shelves are for books in Italian. Are there any classics that you only recently read for the first time? “La Divina Commedia.” I had only read portions of the “Inferno” in English, but my Italian finally got to the level that I could tackle the “Commedia” in the original. For such a timeless poem, it is deeply rooted in the personal dramas and “pop culture” of 13th-century Tuscany.

Persons: ”, Maurizio de Giovanni, “, Nana Kwame Adjei, Piers Brendon, Montaigne, Sarah Bakewell Organizations: Italian Locations: Tuscany

☆ North Korean special economic zone poised for revival in new Russia trade
▼ + stars: | 2023-11-29 | by ( Ju-Min Park | ) www.reuters.com time to read: +6 min

China accounted for 97% of North Korea's overall trade in 2022, according to South Korea's Korea Trade Investment Promotion Agency (KOTRA). But Russia resumed oil exports to North Korea in December 2022 and had exported 67,300 barrels of refined petroleum to North Korea by April, United Nations data shows, the first such shipments reported since 2020. "Assuming North Korea and Russia's honeymoon period becomes a long one, North Korea could get Russian support on food, energy and infrastructure through Rason," Cho said. Those ships are suspected of military supplies from North Korea to Russia, the reports said. From Rason's port, North Korea has sent Russia an estimated 2,000 containers suspected of carrying artillery shells, and possibly short-range missiles, South Korean military officials have told reporters.

Persons: Rason, Jeong Eunlee, Jeong, Lee Chan, Cho Sung, Cho, Alexander Kozlov, Chung Songhak, Chung, Kim Jong Un, Kozlov, Kim Il Sung, Abraham Choi, Choi, Rason . Lee, Lee, Josh Smith, Gleb Stolyarov, Gerry Doyle Organizations: North, South, Korea Institute for National Unification, Russian Federal Customs Service, South Korea's Korea Trade Investment Promotion Agency, United, Teikyo University, North Korean, Korean, Kremlin, Korea Institute for Security, South Korea's National Institute for Unification Education, Thomson Locations: SEOUL, Korean, Russia, Ukraine, China, North Korea, Rason, Korea, South Korea’s, Russian, South Korea's Korea, United Nations, Tokyo, South Korean, Pyongyang, Rason's, Soviet, North, South

☆ Berkshire Hathaway vice chairman Charlie Munger dies at 99
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +12 min

Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.

Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, ”, Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, —, STEVE SOSNICK, “, ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL

☆ ECB could take bigger role in supervising shadow banks, Enria says
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

European Union (EU) flags fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, July 8, 2020. REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsFRANKFURT, Nov 28 (Reuters) - The European Central Bank may need to take on a bigger role in supervising shadow banks as they are now bigger than conventional lenders and may be sitting on elevated risk, the outgoing head of the ECB's supervision arm told European newspapers. "These are different animals to banks, so we shouldn’t expect to supervise them in the same way as we supervise banks." Taking on oversight of shadow banks would require legislative changes, a time consuming process even under the best of circumstances, and requiring broad political agreement. But some have argued that such a change could ease liquidity stress, particularly if shadow banks gained access to the ECB lending operations.

Persons: Ralph Orlowski, Andrea Enria, Expansión, Enria, Balazs Koranyi, Tomasz Janowski Organizations: Union, European Central Bank, REUTERS, Rights, prudential, ECB, Thomson Locations: Frankfurt, Germany

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsROME, Nov 23 (Reuters) - Glencore (GLEN.L) has decided to build a pilot project for an electric vehicle (EV) battery recycling plant outside of Italy, but still has its eye on the island of Sardinia for a larger facility, the Swiss mining group said on Thursday. "This development does not immediately impact the feasibility assessment of the larger hub project," Glencore said in an emailed statement. This initiative is important for our recycling strategy and aligns with Italy's objectives for sustainable industry development," the group added. Last month, Reuters reported that documents filed by Glencore as part of the environmental impact assessment procedure had been judged insufficient by Sardinia's regional administration.

Persons: Arnd, Glencore, Li, Francesca Landini, Jan Harvey, Keith Weir Organizations: REUTERS, Rights, UIL, Reuters, Thomson Locations: Baar, Switzerland, Italy, Sardinia, Swiss, Portovesme, Europe, North America, CISL, Sardinian

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsROME, Nov 23 (Reuters) - Glencore (GLEN.L) has decided to build a pilot project for an electric vehicle (EV) battery recycling plant outside of Italy, but still has its eye on the island of Sardinia for a larger facility, the Swiss mining group said on Thursday. "This development does not immediately impact the feasibility assessment of the larger hub project," Glencore said in an emailed statement. This initiative is important for our recycling strategy and aligns with Italy's objectives for sustainable industry development," the group added. The Swiss group did not specify where it would build the pilot plant.

Persons: Arnd, Glencore, Li, Francesca Landini, Jan Harvey, Keith Weir Organizations: REUTERS, Rights, Union, Hub, Reuters, UIL, Thomson Locations: Baar, Switzerland, Italy, Sardinia, Swiss, Portovesme, Europe, North America, Sardinian, CISL

☆ Everything we know about 'Squid Game' season 2
▼ + stars: | 2023-11-22 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

Season one's protagonist Seong Gi-hun (Lee Jung-jae) will return in season two. Lee Jung-jae as Seong Gi-hun in "Squid Game" season two. In a Netflix statement shared in June 2022, "Squid Game" creator Hwang Dong-Hyuk confirmed that Gi-hun will return for the second season. While the extent of his role in the second season has not been clarified, he will likely be fighting against the people in charge of the competition. In August 2022, Hwang indicated to The Hollywood Reporter that season two will focus on Gi-hun's transformation from the end of the first season.

Persons: Seong, Lee Jung, jae, Cho Sang, Oh, Hideo Kimura, Hwang Dong, Hyuk, Hwang Organizations: Netflix, Hollywood Reporter

☆ Son bags double for South Korea as top sides win in Asian qualifiers
▼ + stars: | 2023-11-21 | by ( Michael Church | ) www.reuters.com time to read: +4 min

Japan, Australia, Qatar, United Arab Emirates and Saudi Arabia all won, while Kuwait and North Korea scored a flurry of goals en route to victories. Australia and Palestine players stood for a minute's silence ahead of their game, which was played in Kuwait due to the Israel-Hamas conflict. Son was in top form as South Korea completed back-to-back wins at the start of their challenge for a place at the 2026 finals. Players held a minute's silence ahead of kickoff before Souttar scored the game's only goal with an 18th-minute header. Kuwait, meanwhile, thrashed Afghanistan 4-0 away to move into second place in Group A behind Qatar.

Persons: Korea's Son Heung, Min, Tingshu Wang, Ueda, Heung, Son, Yan Junling, Lee Kang, Jung Seung, Yan, Thais, Suphanat Mueanta, Mano Polking's, Ayase Ueda, Hajime Moriyasu's, Jong Il Gwan, Harry Souttar, Kuwait's Jaber Al, Souttar, Oston Orunov, Igor Sergeev, Mohanad Ali, Jesus Casas, Darren Lok, Amadoni Kamolov, Saudi Arabia's Saleh Al Shehri, Jordan, Abdalla, Ali Mabkhout, Michael Church, Angelica Medina, Toby Davis Organizations: Soccer Football, AFC, Shenzhen Universiade Sports Centre, REUTERS, China, Japan, North Korea, Thailand, Singapore, North, Syrians, Syria, Palestine, Ahmad, Iraq, Vietnam, Malaysia, Taiwan, Kyrgyzstan, Qatar, United, Bahrain, Thomson Locations: China, Republic of Korea, Shenzhen, Republic, Korea's, Japan, South Korea, Australia, Qatar, Korea, Myanmar, Syria Australia, Palestine, HONG KONG, United Arab Emirates, Saudi Arabia, Kuwait, North, Israel, Syria, Jeddah, North Korea, Yangon, Australia's, Gaza, Lebanon, Bangladesh, Uzbekistan, Iran, Hong Kong, Turkmenistan, Vietnam, Philippines, Indonesia, Manila, Oman, India, Yemen, Nepal, Tajikistan, Pakistan, Islamabad, Saudi, Afghanistan

☆ In pictures: US prisoners receive degrees from top university
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: 1 min

[9/18]Read morePrisoners currently in the Northwestern Prison Education Program congratulate their peers who are graduating from the program before they receive their bachelor's degrees from Northwestern University during a graduation ceremony for students who went through the inaugural class of the Northwestern Prison Education Program at Stateville Correctional Center in Crest Hill, Illinois, U.S., November...CREST HILL, IL, UNITED STATES

Organizations: Northwestern Prison, Northwestern University, Stateville Correctional, UNITED STATES Locations: Crest Hill , Illinois, U.S, IL

[1/6] A Russian delegation led by Alexander Kozlov, the minister of natural resources, presents flower baskets to the statues of North Korea's founder Kim Il Sung and late leader Kim Jong Il at Mansudae Hill, in Pyongyang, North Korea, November 14, 2023. Russia and North Korea were conducting talks on the economy, science and technology, KCNA state media reported, without elaborating. North Korea's missile programme, as well as its nuclear weapons, have been banned by U.N. Security Council resolutions, which imposed sanctions on the country. Washington has accused North Korea of supplying military equipment to Russia for use in its war with Ukraine, and Moscow of providing technical military support to help North Korea. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Alexander Kozlov, North, Kim Il Sung, Kim Jong Il, Kozlov, Lloyd Austin, Vladimir Putin, Kim Jong Un, KCNA, Hyunsu Yim, Josh Smith, Grant McCool, Gerry Doyle Organizations: Russian, KCNA, REUTERS Acquire, Rights, . Defense, North, St, U.S, Korea's General Missile Bureau, Military, U.N ., Thomson Locations: Mansudae, Pyongyang, North Korea, Rights SEOUL, North Korean, Seoul, China, Russia, Russian, Russia's, Petersburg, Korea, South, Washington, Ukraine, Moscow

☆ Forgotten film reels bring Maria Callas' Paris debut to colourful life
▼ + stars: | 2023-11-09 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, Nov 9 (Reuters) - A new film "Callas - Paris, 1958" is about to transport audiences back to the night 65 years ago when opera legend Maria Callas for the first time dazzled a Paris audience. Celebrities including Charlie Chaplin, Brigitte Bardot and the Duke and Duchess of Windsor, as well as then French president René Coty attended the three-hour performance at the Paris Opera. It was also broadcast live on television to more than 30 million people, but until film-maker Tom Volf and his team meticulously restored film reels that had lain forgotten, it had only been seen in black and white. He said the work of his team made the film "as vivid as if it was shot last month". It will be released in cinemas in some 40 countries between November and December in celebration of the centenary of Callas' birth.

Persons: Callas, Maria Callas, Charlie Chaplin, Brigitte Bardot, Duke, Duchess of, René Coty, Tom Volf, Volf, Norma, Hanna Rantala, Barbara Lewis Organizations: Paris, Thomson Locations: Paris, Duchess of Windsor, New York

☆ Russian manufacturer test-flies prototype widebody passenger airplane
▼ + stars: | 2023-11-08 | by ( Barry Neild | Anna Chernova | ) edition.cnn.com time to read: +4 min

CNN —Russia’s leading aircraft manufacturer says it’s completed a successful test flight of a new widebody passenger airplane that it claims could replace Western aircraft in the country’s skies. UAC, which oversees Russian aviation brands including Tupolev, Ilyushin and Sukhoi, said the plane will be capable of carrying up to 370 passengers, a capacity that would put it alongside the likes of Airbus’ A340 or Boeing’s 777. As of 2022, only 144 active Russian airline planes were built in Russia, according to data provided by aviation analytics firm Cirium. “Although Moscow won’t admit it, the sanctions that followed the Ukraine invasion have really damaged Russian aviation,” Murdo Morrison, head of strategic content at FlightGlobal, tells CNN. Addressing concerns, Russia’s Ministry of Transport said at the time that flight safety on Russia-operated aircraft meets international standards.

Persons: CNN —, it’s, ”, Denis Manturov, Vladimir Putin, Murdo Morrison, ‘, Yuri Slyusar, FlightGlobal’s Morrison Organizations: CNN, CNN — Russia’s, United Aircraft Corporation, UAC, Russian, Tupolev, Sukhoi, Airbus, Russia, Boeing, Bombardier, Embraer, Moscow, ”, Ural Airlines, International Civil Aviation Organization, Russia’s Ministry of Transport Locations: Ukraine, Russia, “, Russia’s Novosibirsk, Bhutan, Congo, Liberia, Moscow

SEOUL, Nov 8 (Reuters) - Operations at Kia Corp's (000270.KS) assembly plant in South Korea have been suspended due to disruptions in parts supplies, the carmaker said on Wednesday. Poongki Industrial Co Ltd, a Kia supplier that makes chassis parts, suffered a fatal accident that resulted in the death of one worker on Tuesday and halted its own operations, causing supply disruptions at Kia's plant, a Kia spokesperson said. Labour authorities are investigating the accident, putting a halt to forklift truck operations at the Kia supplier's factory, a labour ministry spokesperson said. Kia is checking on alternative sources for Poongki's components, according to the Kia spokesperson. The plant located in the southwestern city of Gwangju produces about 2,000 vehicles a day, according to media reports.

Persons: Kia Corp's, Poongki, Kia, Lee Jae, Heekyong Yang, Ed Davies Organizations: Kia, Poongki Industrial Co Ltd, Labour, Eugene Investment, Securities, Thomson Locations: SEOUL, South Korea, Gwangju

☆ South Korea declares war on bedbugs after surge in reported cases
▼ + stars: | 2023-11-08 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +7 min

Seoul, South Korea CNN —South Korea has become the latest country to declare war on bedbugs following a wave of outbreaks, with bathhouses, university dorms, and train stations across the country on high alert. Previously, the country had been practically free of bedbugs following past extermination campaigns, with just nine infestations being reported to the Korea Disease Control and Prevention (KDCA) since 2014. Meanwhile, pest control companies say they have become inundated with phone calls asking for help. “Bedbugs are developing resistance to the insecticides that we commonly use, so the most effective solution these days is heating. “Early and proactive responses are crucial.”In its “Bedbug Prevention and Response Guidelines,” the Seoul City Government advises people against bringing items with a risk of infestation into their homes.

Persons: “, ”, Eom Hae, Eom, Yoo, Lee, hasn’t, Lee Hee, ” Lee, It’s, Yang Nam, kyung Organizations: South Korea CNN, Korea Disease Control, South, bedbugs, Agricultural Biotechnology, Seoul National University, Seoul City Government Locations: Seoul, South Korea, Korea, France, United Kingdom, United States, Pest, Incheon, City

Prime Minister Giorgia Meloni of Italy on Tuesday heralded an agreement she had struck with Albania, a non-European Union nation, to outsource the processing and containment of migrants as a breakthrough for one of the continent’s most defining challenges. “I believe it could become a model of cooperation between E.U. countries in managing migration flows,” Ms. Meloni told the Rome-based daily newspaper Il Messaggero. “I think this agreement features a bold European spirit.”But Italian politicians caught by surprise by Ms. Meloni’s announcement in Rome on Monday questioned whether the agreement — struck earlier this week with the nation across the Adriatic Sea — was legal, ethical, practical or even real. “Before further commenting, we need to understand what exactly they want to do,” Anitta Hipper, a spokeswoman for the European Commission, said on Tuesday.

Persons: Giorgia Meloni, “, Ms, Meloni, Anitta Hipper Organizations: European Union, E.U, European Commission Locations: Italy, Albania, European, Rome

☆ Italy PM hails migrants deal with Albania as possible model for EU
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

The agreement announced on Monday is the first example of a non-EU country accepting migrants on behalf of an EU nation. "I believe it (the deal) could become a model of cooperation between EU and non-EU countries in managing migration flows... I think this agreement features a bold European spirit," Meloni told Il Messaggero daily. Asked about the scheme by two Italian newspapers, Rama said Italy had not been the only EU country to propose such a deal, but he said he accepted Rome's offer as a sign of "gratitude". In the 1990s, Italy took in large numbers of Albanians and Rome is now one of the most solid backers of Albania's EU accession hopes.

Persons: Ursula von der Leyen, Giorgia Meloni's, Yara, Giorgia Meloni, Meloni, Il, Rama, Federico Maccioni, Alvise Armellini, Nick Macfie Organizations: Italian, REUTERS, Rights, European Union, EU, European Commission, La Stampa, Thomson Locations: Lampedusa, Italy, Albania, EU, British, Rwanda, Rome

☆ South Korea, U.S. mark alliance with rap song, fashion and beer
▼ + stars: | 2023-11-02 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/3] A banner commemorating the 70th anniversary of the ROK-U.S. alliance hangs at the U.S. Embassy in Seoul, South Korea, October 24, 2023. The information campaign is intended to "heighten the public's understanding of the South Korea-US alliance", the culture ministry told Reuters. The South Korean embassy in the United States staged a fashion show last month marking the anniversary, with models in traditional Korean dresses featuring South Korean and U.S. flags. SOFT POWERSouth Korea's showcasing of its U.S. ties comes after rival North Korea has been making much of its relations with its old partner, Russia. Lee Gyu-tag, an associate professor of global affairs at George Mason University Korea, said South Korea was trying to tap into pop culture to bolster support for the alliance but it risked a backlash.

Persons: Kim Soo, Donald Trump, Yoon Suk Yeol, Joe Biden, Kim Jong Il, Vladimir Putin, Lee Gyu, Lee, Hyunsu Yim, Robert Birsel Organizations: ROK, U.S, Embassy, REUTERS, Rights, South, Reuters, Korean, . U.S, George Mason University Korea, Gallup, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, U.S, South Korean, United States, Korea, Russia, South, Ukraine, ., Gallup Korea

☆ Walgreens is cancelling corporate bonuses as big pharmacies face increasing difficulties
▼ + stars: | 2023-11-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Walgreens on Tuesday sent out a notice to staff announcing that annual bonuses would not be funded. Tuesday was the second day of a planned three-day series of scattered walkouts by Walgreens pharmacy staff. A Walgreens representative clarified to CNN that only managers were eligible for bonuses at pharmacies. “We are building on the company’s pharmacy strength and trusted brand to evolve healthcare delivery. Stefano Pessina, the former Walgreens CEO and current executive chair of the board, worth nearly $7 billion, made more than $8 million in compensation last year, according to Walgreens compensation filings with the Securities and Exchange Commission.

Persons: Manmohan Mahajan, ”, Fraser Engerman, Tim Wentworth, Neal Sample, Rosalind Brewer, Vincent Alban Vincent Alban, Reddit, Stefano Pessina, Shane Jerominski Organizations: New, New York CNN, Walgreens, Employees, CNN, Walgreens Boots Alliance, ”, Rite, CVS, REUTERS, Reuters, Securities and Exchange Commission, Labor, Reuters Labor, Workers, American Pharmacists Association Locations: New York, Deerfield , Illinois, U.S, Southern California, Deerfield, Il, Arizona , Washington , Massachusetts, Oregon

☆ Stifel says this under-the-radar biotech stock can still rally more than 50% from here
▼ + stars: | 2023-11-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

It's not too late for investors to ride along with MoonLake Immunotherapeutics despite the Swiss biotech having more than quadrupled in price this year, according to Stifel. Shares of MoonLake have soared 354% in 2023, but Stifel believes more gains lay ahead. MLTX YTD mountain MLTX YTD chart Analyst Alex Thompson believes MoonLake's sonelokimab drug, which targets diseases in dermatology and rheumatology, could eventually achieve $4.2 billion in U.S. revenue. The next trial readout for the drug is in psoriatic arthritis, with data expected in early November. "We view recent acquisitions in the TYK2 and TL1A space ($4-11B) as supportive of Strategics' interest/willingness to pay premiums in these markets," Stifel noted.

Persons: It's, MoonLake Immunotherapeutics, Stifel, Alex Thompson, we've, Thompson, MoonLake, — CNBC's Michael Bloom

☆ Here are Tuesday's biggest analyst calls: Tesla, SoFi, Pinterest, Roku, Boeing, Apple, Shopify, Chewy and more
▼ + stars: | 2023-10-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Baird downgrades ON Semiconductor to neutral from outperform Baird said it sees "pricing pressures" for the semiconductor maker. Morgan Stanley upgrades Chewy to overweight from equal weight Morgan Stanley said in its upgrade of the stock that share sell-off is overdone. " Morgan Stanley upgrades SoFi to equal weight from underweight Morgan Stanley said the risks to SoFi are more than priced in. Morgan Stanley initiates Celsius Holdings as equal weight Morgan Stanley said in its initiation of the stock that it sees a balanced risk/reward. Northcoast upgrades Boeing to buy from neutral Northcoast said in its upgrade of Boeing that it sees a "more promising long term earnings horizon."

Persons: Wells Fargo, Bernstein, Goldman Sachs, it's, Baird, Rowe Price, Tesla, Piper Sandler, Wells, Morgan Stanley, CHWY, Guggenheim, Tourmaline, AutoNation, Jefferies, underperform Jefferies, MoffettNathanson, D.A, Davidson, Northcoast, ABG, Wolfe, Phillips, PSX Organizations: Wells, MARA, Apple, Semiconductor, Citi, TROW, Deutsche Bank, Bank of America, of America, 4Q, Arista Networks, TAM, Lincoln Electric, Seaport, Guggenheim, JPMorgan, Susquehanna, WSM, D.A, Disney, Boeing, Boeing Company, Asbury Automotive Locations: Williams, Sonoma, CELH

The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. Army/Handout via REUTERS/File Photo Acquire Licensing RightsINJE, South Korea, Oct 28 (Reuters) - South Korean and U.S. troops held joint future combat drills involving drones, an unmanned vehicle and wearable laser sensors this week as part of efforts to modernise their militaries, Seoul's army said on Saturday. The training came as South Korea's military conducts a series of annual Hoguk autumn exercises aimed at improving responses to North Korea's nuclear and missile threats. The drills also mobilised various high-tech weapons systems aimed at beefing up future combat capabilities, with the troops wearing multiple integrated laser engagement systems (MILES), which uses lasers to simulate actual battle. Several drones were flown for reconnaissance purposes, some also firing an assault rifle, while South Korea dispatched a multipurpose unmanned vehicle to carry wounded personnel.

Persons: Ken Scar, Choi Jeong, Derek Chen, Hyonhee Shin, Daewoung Kim, Raju Gopalakrishnan Organizations: . Army, REUTERS, Korean, Korea Combat Training, South, Korean army's 25th Infantry Division, TIGER, 2nd Stryker Brigade Combat Team, U.S . 4th Infantry Division, Thomson Locations: Yongin, South Korea, U.S, Korean, Pyongyang, Inje, South, Britain, Uzbekistan, Cambodia

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