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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

☆ Australia appoints BoE's Andrew Hauser as new RBA deputy governor
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

[1/4] Andrew Hauser, who has been appointed the next Deputy Governor of the Reserve Bank of Australia, is seen in this undated handout photo distributed on November 27, 2023. Australian Government/Handout via REUTERS Acquire Licensing RightsSYDNEY, Nov 27 (Reuters) - Australia on Monday appointed the Bank of England's (BoE) Andrew Hauser as the new deputy governor of the Reserve Bank of Australia (RBA), filling a position that had been vacant since Michele Bullock was elevated to the top role in late September. Hauser, who currently serves as the executive director at markets at the BoE, is expected to start before the first RBA board meeting next year. Governor Bullock welcomed the appointment. "I warmly congratulate Andrew on his appointment...He has great experience and will bring a welcome external perspective to the Bank and the Reserve Bank Board."

Persons: Andrew Hauser, BoE, Michele Bullock, Hauser, Governor Bullock, Andrew, Lewis Jackson, Stella Qiu, Kim Coghill, Sam Holmes Organizations: Reserve Bank of Australia, Australian Government, REUTERS Acquire, Rights, Monday, Bank of England's, London School of Economics, Bank, Reserve Bank Board, Thomson Locations: Australia

The full benefit for these Indian manufacturers will not be immediate, said Peter DeYoung, CEO of Piramal Pharma Solutions. Nimgaonkar said Indian CDMOs need to do more to ensure their reputation on quality standards matches Western and Chinese ones. The Indian CDMOs told Reuters that their facilities are routinely inspected by the FDA. Aragen counts seven of the 10 biggest pharma companies as clients, he said, declining to name them. "New biotechs are deciding to put eggs in both the Indian and China baskets from the start," Subramanian said.

Persons: Trump, Tommy Erdei, Ashish Nimgaonkar, Nimgaonkar, Sai, Peter DeYoung, Helen Chen, CDMOs, Piramal, DeYoung, Ramesh Subramanian, Subramanian, Maggie Fick, Andrew Silver, Michele Gershberg, Catherine Evans Organizations: Jefferies, Glyscend Therapeutics, Reuters, Sciences, Piramal Pharma, Sai Life Sciences, Western pharma, Piramal Pharma Solutions, L.E.K, Consulting, pharma, U.S . Food, Drug Administration, FDA, Thomson Locations: China, India, SHANGHAI, HYDERABAD, U.S, Shanghai, United States, London, Hyderabad

☆ Australia appoints Bank of England's Andrew Hauser as new Reserve Bank of Australia deputy head
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: +1 min

Andrew Hauser, executive director of markets at the Bank of England, has been appointed the new deputy governor of the Reserve Bank of Australia. Australia on Monday appointed the Bank of England's, or BoE, Andrew Hauser as the new deputy governor of the Reserve Bank of Australia, or RBA, filling a position that had been vacant since Michele Bullock was elevated to the top role two months ago. Hauser, the executive director of markets at the BoE, is expected to start his five-year term before the first RBA board meeting next year. "I am humbled and deeply honored to be asked to serve as the RBA's next Deputy Governor," said Hauser, who is British and has 30 years of experience at the BoE. Hauser has a master's degree in economics from the London School of Economics and a degree from Oxford University.

Persons: Andrew Hauser, BoE, Michele Bullock, Hauser Organizations: Bank of England, Reserve Bank of Australia, Monday, Bank of England's, British, London School of Economics, Oxford University Locations: Australia

A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsNov 28 (Reuters) - A look at the day ahead in Asian markets. Volatility across major asset classes is low - implied volatility on Wall Street is at its lowest in almost four years, global currency implied vol is the lowest since early last year, and U.S. bond vol is at a two-month low. China's markets, especially, have lagged, although Japanese stocks have outperformed thanks to the weak yen and a historic loosening of wider financial conditions. The Aussie on Monday rose above $0.66 for the first time since Aug. 10 and was one of the biggest winners among major currencies along with the Japanese yen and New Zealand dollar.

Persons: Issei Kato, Goldman Sachs, Michele Bullock, Bullock, Philip Lowe, Bullock's, Fed's Waller, Bowman, Goolsbee, Barr, Jamie McGeever Organizations: U.S ., Nikkei, REUTERS, Reserve Bank of Australia, Hong Kong Monetary Authority, Bank for International, New Zealand, Bank of, RBA, Thomson, Reuters Locations: Tokyo, Japan, U.S, Asia, Hong Kong, Bank of Japan, Australia

☆ Gucci employees in Rome go on strike over creative office move
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A Gucci sign is seen outside a shop in Rome, April 20, 2023. REUTERS/Remo Casilli/File Photo Acquire Licensing RightsMILAN, Nov 27 (Reuters) - A few dozen employees at fashion house Gucci in Rome went on strike on Monday against the company's decision to move its design office from the Italian capital to Milan. Labour union CGIL's regional office said Gucci's decision was not supported by objective reasons, making hard not to think the real goal was to cut staff. The transfer "does not involve any staff reductions", a spokesperson for Gucci told Reuters. Following the departure of creative director Alessandro Michele in 2022, Gucci owner Kering (PRTP.PA) changed the label's top management, as it seeks to reignite sales momentum at its largest brand.

Persons: Remo Casilli, Gucci, Alessandro Michele, Kering, Elisa Anzolin, Mark Potter Organizations: REUTERS, Labour, CGIL's, Reuters, Thomson Locations: Rome, Milan

☆ Venice to experiment with entry fee, visitor cap from April 2024
▼ + stars: | 2023-11-23 | by ( Federico Maccioni | ) www.reuters.com time to read: +2 min

[1/2] Tourists walk during a new heatwave as temperatures are expected to reach 40 degrees Celsius in some cities, in Venice, Italy August 22, 2023. REUTERS/Manuel Silvestri/File Photo Acquire Licensing RightsMILAN, Nov 23 (Reuters) - Venice will start testing a daily admission fee and cap on visitor access to its famous canals from next April, in what the Italian city's mayor hailed as the world's first such scheme. "It is the first time in the world that you do something like this, you make a city bookable," Mayor Luigi Brugnaro said. Potential sanctions will range from 50 to 310 euros will be imposed on those failing to comply with the measure. The trial is estimated to cost 3 million euros against proceeds for about 700,000 euros.

Persons: Manuel Silvestri, Luigi Brugnaro, Michele Zuin, Federico Maccioni, Keith Weir Organizations: REUTERS, Visitors, Thomson Locations: Venice, Italy, Italian, Murano

☆ US lawmakers ask SEC to scrutinize Musk comments on Neuralink
▼ + stars: | 2023-11-22 | by ( Marisa Taylor | ) www.reuters.com time to read: +3 min

Neuralink logo and Elon Musk photo are seen in this illustration taken, December 19, 2022. Yet Musk, Neuralink's CEO, downplayed investor concerns about the results of its animal testing, the letter said. Musk wrote that "no monkey has died as a result of a Neuralink implant," in a post to his social media site, X, on Sept. 10. Neuralink did not respond to requests for comment on the letter to the SEC. As a result, Musk's statement "may have violated" SEC rules in denying a connection, the lawmakers wrote.

Persons: Elon, Dado Ruvic, Elon Musk, Earl Blumenauer of, Jim McGovern, Barbara Lee, Tony Cardenas, Musk, Neuralink, Marisa Taylor, Michele Gershberg, Marguerita Choy Organizations: REUTERS, U.S, Securities and Exchange Commission, Democratic, Reps, Massachusetts, SEC, Reuters, U.S . Food, Drug Administration, Thomson Locations: Earl Blumenauer of Oregon, Tony Cardenas of California

☆ Asia stocks slip as dovish Fed cheer fades
▼ + stars: | 2023-11-22 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

But it fell 0.2% in early trade on Wednesday. Nasdaq futures (.IXIC) were down 0.2% and S&P 500 futures fell 0.1% early in the Asia day. They have fallen about 50 basis points since the Fed held rates steady early in the month. It was broadly steady at $1.0921 to the euro and 148.17 yen in early trade on Wednesday. In commodity markets Brent crude futures held just above their 50-day moving average at $82.64 a barrel.

Persons: Tyrone Siu, Naka, Rabobank's, Philip Marey, Jonathan Petersen, Michele Bullock, Changpeng Zhao, Sam Holmes Organizations: REUTERS, Rights, Japan's Nikkei, Nvidia, Nasdaq, Thursday's, Federal Reserve, Fed, Capital Economics, Bank of Japan, Reuters, Wednesday Reserve Bank of Australia, Thomson Locations: Exchange, Hong Kong, China, Rights SINGAPORE, Asia, Pacific, Japan, United States, U.S, Singapore

☆ Berlusconi family holding adds two board seats as daughter Eleonora joins
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Eleonora Berlusconi, Barbara Berlusconi and Luigi Berlusconi react on the day of the state funeral of former Italian Prime Minister Silvio Berlusconi outside the Duomo Cathedral, in Milan, Italy June 14, 2023. The other new entry is lawyer Michele Carpinelli, an M&A expert and a long-time family adviser, the source added. In his will, Berlusconi, who died aged 86 in June, handed his eldest children, Marina and Pier Silvio, joint control of Fininvest through a combined, indirect 52% stake. Marina and Pier Silvio have been directly involved in running the family business for almost two decades. Pier Silvio, Barbara and Luigi have long been board members.

Persons: Eleonora Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Silvio Berlusconi, Claudia Greco, Berlusconi, Michele Carpinelli, Silvio, Barbara, Eleonora, Luigi, Marina Berlusconi, Berlusconi's, Mediolanum, Elvira Pollina, Keith Weir, Valentina Za Organizations: Italian, Duomo Cathedral, REUTERS, Repubblica, Marina, Mondadori, Thomson Locations: Duomo, Milan, Italy

☆ Worried about or facing a layoff? What to know about unemployment benefits
▼ + stars: | 2023-11-22 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Yet not all cases are so clear cut, and many people prematurely exclude themselves from the program, Evermore said. watch nowUnemployment programs vary by state, but in some places, people can get the benefits even if they've quit. "As soon as you leave your job, you should be on your way to the unemployment insurance office," Evermore said. Apply with your state unemployment office. Assess program requirementsTo receive unemployment benefits, you have to be able to work and actively be seeking new employment, Evermore said.

Persons: Bill Varie, Michele Evermore, Evermore, they've, you'll, I'd Organizations: Bank, Getty, The Century Foundation, CNBC

Climate Change Conference (COP 28) that opens on Nov. 30 in Dubai. Neither floods nor fires are new to Greece but with climate change, they are becoming a frequent disruptor to an economy dependent on tourism and farming. "We have to change our prediction methods," Skylakakis said, acknowledging the rapid pace of climate change. Mitsotakis has urged the EU to top up its solidarity fund and help countries tackle the impact of climate change. Adaptation measures worth 67 billion euros could reduce that loss to 510 billion euros, the country's leading economic think tank IOBE said in a February report.

Persons: Louisa Gouliamaki, Dimitris Kouretas, Kouretas, Theodore Skylakakis, Storm Daniel, Kostas Agorastos, Giorgos Stasinos, Kyriakos Mitsotakis, Sokratis Famellos, Skylakakis, Thanos Giannakakis, Nikos Papathanasis, Miltiadis Gkouzouris, Mitsotakis, Petros Varelidis, Lefteris Papadimas, Renee Maltezou, Michele Kambas, Daniel Flynn Organizations: Reuters, United Nations Environment Program, Mount Olympus, HVA, Chamber, European, Justice, EU, Water Management, Environment Ministry, Thomson Locations: Vlohos, Greece, Greece's, Thessaly, Europe, Dubai, Los Angeles, Dutch, Athens, Thessaly's, Mouzaki, Netherlands

☆ More than 200 mobsters jailed in one of Italy’s biggest mafia trials
▼ + stars: | 2023-11-20 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +2 min

Rome CNN —An Italian court has sentenced more than 200 crime gang members to a total of 2,200 years in prison, following the country’s largest mafia trial in three decades. It took the court one hour and 40 minutes to hand down its rulings, Italian news outlet Ansa reported. Among those tried were 42 women – a record for a mafia trial – of whom 39 were convicted. The trial took place in a specially-built bunker in Lamezia Temre, southern Italy, amid safety concerns. Valeria Ferraro/APThe mobsters were affiliated with Italy’s notorious ’Nrangheta crime group and were convicted of mafia association, extortion, bribery and five murders.

Persons: Rome, Rome CNN —, –, ” “, Giancarlo Pittelli, Giorgio Naselli, Michele Marinaro, Gianluca Callipo, Luigi Incarnato, Pietro Giamborino, Valeria Ferraro, Scott, Scott W, Sieben Organizations: Rome CNN, onetime Forza Italia, CNN, Italy’s, United, Italian DIA, Mafia Locations: Lamezia Terme, Temre, Italy, United States, Italian, Calabria

☆ Israel-Hamas War Israel Indicates It Will Expand Its Offensive Into Southern Gaza
▼ + stars: | 2023-11-18 | by ( Ephrat Livni | Victoria Kim | ) www.nytimes.com time to read: +5 min

The letter affirms President Biden’s opposition to a cease-fire, challenging demands from hundreds of officials that Israel halt its military offensive in the Gaza Strip. Israel’s government and Mr. Biden have rejected such a step as incompatible with Israel’s goal of destroying Hamas. The newer letter was delivered to Mr. Biden on Tuesday with 115 names, but its organizers continued to collect signatures until Friday. The earlier letter of dissent was delivered to Mr. Biden with a signature count but without names, although the signatories are known to that letter’s organizers. She cited an Associated Press-NORC Center for Public Affairs Research poll conducted early this month that found that half of Democrats approved of Mr. Biden’s handling of the Israeli-Palestinian conflict.

Persons: Biden’s, Obama, Biden, Ron Klain, Lawrence H, Summers, Barack Obama, Colin H, Kahl, Joseph W, Westphal, Mr, Samantha Power, Power, Antony J, Blinken, Josh Paul, Soifer Organizations: Biden, Democratic, National Economic Council, Mr, U.S . Agency for International Development, United Nations, White House, State Department, Capitol, State Department’s Bureau, Political, Military Affairs, Jewish Democratic Council of America, Associated Press, NORC, for Public Affairs Research, Reuters Locations: Israel, Gaza, U.S, Saudi Arabia, United States

☆ $72/bbl 'feels like a bottom' for oil prices: Strategist
▼ + stars: | 2023-11-17 | 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 Email$72/bbl 'feels like a bottom' for oil prices: StrategistMichele Schneider of MarketGauge.com says there are many factors that could combine to bring prices back up in the oil market.

Persons: Michele Schneider, MarketGauge.com Organizations: bbl

Chhetri is one of Israel’s approximately 110,000 registered migrant workers; tens of thousands of other foreign workers lack a permit, often having entered as tourists or overstayed their visas, according to workers’ rights organization Kav LaOved. Pranita Chhetri, who moved from India seven months ago and is a caretaker in northern Israel, considers Israel a safe country for foreign workers despite the Israel-Hamas war. (Michele Chabin)When Hamas terrorists massacred 1,200 people and took more than 200 others hostage last month, they didn’t spare migrant workers. With so many Israeli farmers killed or kidnapped, the workers didn’t know where to turn for help, she says. While it may sound counterintuitive right now, Chhetri insists that Israel “is a safe country for foreign workers.

Persons: JERUSALEM, Pranita Chhetri, Chhetri, ”, Esther, Yad Sarah, Kav, Michele Chabin, Shira Abbo, Eldose, Yahel Kurlander, ” Kurlander, “, Abbo, Assia Ladizhinskaya, Kav LaOved, “ Israel, ” Abbo, ” Umkudiyil, “ don’t, Israel “ Organizations: Hamas, Hotline, Refugees and Migrants, Hai, ” Locations: Gaza, Israel, India, Kiryat Shmona, Lebanon, Jerusalem, Philippines, Sri Lanka, Ukraine, Tel Aviv, Thailand, Nepal, China, Moldova, Tel, Bangkok, Ashkelon

☆ Low Platinum Prices Show How Banking on Miners Could Threaten the Energy Transition
▼ + stars: | 2023-11-15 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

Platinum is used to make the electrolyzers that produce hydrogen and the sharp down cycle in South Africa’s platinum mining sector demonstrates the risk that low prices and lack of investment could slow the energy transition. Prices for other commodities have also fallen, while miners have been complaining of rising costs and seem to be limiting their capital expenditures. Photo: michele spatari/Agence France-Presse/Getty ImagesFor the mining sector, cyclical returns are nothing new. Ray said many South African PGM miners are now selling their output at close to the cost of production, eating away at profitability. “To the extent that PGM prices stay at current levels, I would not be surprised to see more supply-side reaction,” Ray said.

Persons: Waldo Swiegers, ”, Tom Price, michele spatari, We’ve, ” Emma Townshend, ” Townshend, Raj Ray, Ray, ” Ray, ” Implats’s Townshend, Implats, Yusuf Khan Organizations: Bloomberg, Liberum, Agence France, PGM, Times, Business, BMO Capital Markets, Metals Locations: Sibanye, Africa, Johannesburg, Stillwater, South, South Africa, Marikana, U.S, China, Europe, Implats

☆ Iceland volcano: What’s going on and what are the risks?
▼ + stars: | 2023-11-13 | by ( Issy Ronald | ) edition.cnn.com time to read: +7 min

So, what do we know about this potential eruption, what are its risks, how could it affect travel and why is Iceland, an island of just 103,000 square kilometers (40,000 square miles), home to so much seismic activity? “If it erupts undersea, it could cause a Surtseyan eruption similar to the one that happened in 1963, also in Iceland, and created the island of Surtsey. Iceland is accustomed to volcanic eruptions, though they often occur in the wilderness, away from populated areas. The Bárðarbunga volcanic system situated in the center of the country erupted in 2014, producing lava that covered 84 square kilometers (32 square miles) of highland that didn’t damage any communities. It also didn’t threaten populated areas and even become a tourist attraction as people flocked to witness a volcanic eruption.

Persons: Ragnar Visage, ” Michele Paulatto, Bill McGuire, “, ”, Dave McGarvie, –, ” Paulatto, “ Eyjafjallajökull, Lionel Wilson, Micah Garen Organizations: CNN, Iceland, Iceland’s Met, Civil Protection Agency, Imperial College London, Geophysical, University College London, University of Lancaster, Authorities, Planetary Sciences, Lancaster University, Police, North Locations: Grindavík, Iceland, Vestmannaeyjar, Surtsey, ”, Iceland’s, Reykjavík, Reykjavik, Keflavík, North America, Eurasia

☆ Davide Renne, Moschino Creative Director, Dead at 46
▼ + stars: | 2023-11-10 | by ( Elizabeth Paton | More About Elizabeth Paton | ) www.nytimes.com time to read: +1 min

Davide Renne, the Italian fashion designer and former head of women’s wear at Gucci, died nine days after becoming the creative director of Moschino. His death in Milan on Nov. 10 was confirmed by Aeffe, the parent group of Moschino, on Friday. “Today, we are left with the responsibility of carrying on what his imagination and creativity only envisioned.”Mr. Renne, who had been at Gucci for 20 years before the announcement last month of his new role at Moschino, had been working on a debut collection that would have been shown at Milan Fashion Week in February. A well-loved figure in Italian fashion and right-hand man to the former Gucci designer Alessandro Michele, he had spoken of his excitement at being hired for a “dream role” at the top of one of the best-known names in Italian fashion. He succeeded the American designer Jeremy Scott, who left the brand last March.

Persons: Davide Renne, Aeffe, ”, Massimo Ferretti, ” Mr, Renne, Gucci, Alessandro Michele, Jeremy Scott Organizations: Gucci, “, Milan Fashion Locations: Milan, Moschino, American

☆ The founders of The Gist and Just Women's Sports describe what it's like to run a women-focused media company in a male-dominated industry
▼ + stars: | 2023-11-10 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +7 min

Ellen Hyslop cofounded in 2017 The Gist, a sports media company geared toward female fans. Three years later, Haley Rosen founded Just Women's Sports, making Instagram content about, well, just women's sports. In the male-dominated sports media industry, these female founders have built sustainable and successful businesses around women in sports. In 2022, women's sports received 15% of all sports media coverage, a study by Wasserman's The Collective found. "Every single person at Just Women's Sports adds so much value and is so influential and impactful in the company," Rosen said.

Persons: Ellen Hyslop, Gist, Haley Rosen, They're, Rosen, Billie Jean King, Hyslop, The Gist, That's, King, Kevin Durant, Allyson Felix, Abby Wambach, Sam Kerr, Kelley O'Hara, Elena Delle Donne, Haley, Michele Kang, Wasserman's, We're Organizations: Sports, Nike, Media, Comcast, Labs, King's Enterprises, Elysian Park Ventures, State, Brooklyn Nets, New York Liberty, Philadelphia 76ers, Washington

☆ Omegle Shuts Down as Founder Acknowledges Crime on Video Chat Site
▼ + stars: | 2023-11-09 | by ( Eduardo Medina | More About Eduardo Medina | ) www.nytimes.com time to read: +1 min

Mr. K-Brooks, who founded the website at 18 years old, did not explicitly mention problems with pedophilia on the website in the letter. The end of Omegle comes as lawmakers and law enforcement agencies continue to examine the role of technology and social media in the explosion of online child sex abuse in recent years. While the problem predates the internet, smartphones, social media and cloud storage have worsened the issue, and several lawsuits and criminal cases have argued that Omegle enabled abusers to meet children for anonymous messaging and coercion. Such businesses face the problem of addressing rampant criminal activity on their platforms, sometimes with limited resources to stop it. They also face threats of criminal charges if they do not comply with requests from the authorities for data that could prove such activity.

Persons: Brooks, Omegle, Michele Bush Organizations: Loehrs Forensics

☆ Corporate America weighs business impact of new weight-loss drugs
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +4 min

Walmart (WMT.N) expects revenues from its health and wellness products to increase in the second half of the year, mainly due to the popularity of weight-loss drugs. PepsiCo (PEP.O) Chief Financial Officer Hugh Johnston has said the company is "not seeing any impact" yet from the popularity of weight-loss drugs. Coca-Cola (KO.N) CEO James Quincey said the company was monitoring what impact, if any weight-loss drugs will have. Abbott CEO Robert Ford has said diabetes patients could end up using glucose monitors with the weight-loss drugs in the long term. DRUG DISTRIBUTORSCencora (COR.N), formerly called AmerisourceBergen, Cardinal Health (CAH.N) and McKesson (MCK.N) have flagged potential boost to revenues this year owing to the growing demand for weight-loss drugs.

Persons: Victoria Klesty, Eli Lilly's, Eli Lilly's Zepbound, Hugh Johnston, James Quincey, Michele Buck, Dr Pepper, Robert Gamgort, Johnson, Joseph Wolk, Robert Ford, Michael Farrell, Bhanvi Satija, Ananya Mariam Rajesh, Mrigank Dhaniwala, Arun Koyyur Organizations: REUTERS, U.S . Food, Drug Administration, Walmart, PepsiCo, J, Abbott Laboratories, Insulet Corp, Boston Scientific, Cardinal Health, Thomson Locations: Oslo, Norway, Victoria, U.S, GLP, Bengaluru

More than 10,000 Palestinians, including over 4,000 children, have been killed, according to health officials in Hamas-run Gaza. “I can’t forget his image.”The WHO is pushing for the most vulnerable among the chronically ill to be allowed out for treatment. Other countries have offered to take in patients, including Egypt, Turkey and the United Arab Emirates. This is the first time there is such a comprehensive ban on movement and Gaza patients can’t make it out,” said Osama Qadoumi, the supervisor at Makassed Hospital. There are 350,000 patients with chronic conditions in Gaza, including cancer and diabetes, as well as 50,000 pregnant women, according to data from United Nations organizations.

Persons: Naser, Khan Younis, Mohammed Salem, Tahreer Azzam, Azzam, ”, “, Osama Qadoumi, Richard Peeperkorn, haven’t, Um Taha, Farrah, Hala, God ’, Henriette Chacar, Jennifer Rigby, Michele Gershberg, James Mackenzie, Daniel Wallis Organizations: REUTERS, Makassed, West Bank, World Health Organization, WHO, Hamas, Reuters, United, United Nations, Makassed Hospital, Thomson Locations: Khan, Gaza, Jerusalem, Israel, Egypt, Turkey, United Arab Emirates, Makassed, Hala

☆ Australia's central bank raises rates to 12-year high, tempers hawkish stance
▼ + stars: | 2023-11-07 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

As a result, the local dollar slipped 0.4% to $0.6460 and bond futures rallied as investors lengthened the odds on a further rise in December. "It was a dovish hike...it's not pointing to any immediate need for a follow-up," said Rob Thompson, rates strategist at RBC Capital Markets. "You'd think they'd have opened the door to a bit more than this, but they are just trying to do as little as possible. INFLATION PROVES STUBBORNThis was Bullock's first rate change since taking over as governor in September, and could go some way to burnish her inflation-fighting credentials. Reporting by Wayne Cole Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Michele Bullock, it's, Rob Thompson, Bullock, Wayne Cole, Shri Navaratnam Organizations: Reserve Bank of Australia, RBC Capital Markets, CPI, Australia, Thomson Locations: SYDNEY, United States, Canada, Europe

☆ Australia Thought It Was Done Raising Interest Rates. It Wasn’t.
▼ + stars: | 2023-11-06 | by ( James Glynn | ) www.wsj.com time to read: 1 min

Michele Bullock, governor of the Reserve Bank of Australia, said Tuesday, ‘Inflation in Australia has passed its peak but is still too high.’ Photo: Lisa Maree Williams/Bloomberg NewsSYDNEY—The Reserve Bank of Australia raised interest rates in response to stubbornly high inflation, ending a four-month pause and diverging from other major central banks that have signaled they might have price pressures under control. The increase takes Australia’s official cash rate to 4.35%, from 4.10%, representing its highest level in more than a decade. The move was widely expected by economists after inflation in the three months through September showed prices of services, fuel, and rents climbing again.

Persons: Michele Bullock, Lisa Maree Williams Organizations: Reserve Bank of Australia, Bloomberg News SYDNEY, The Reserve Bank of Australia Locations: Australia

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