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☆ Ukraine's EU membership bid to be assessed in report due on Nov. 8
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: +2 min

The assessment will come in an annual report by the Brussels-based European Commission detailing how far countries looking to join the 27-nation bloc have advanced in meeting the necessary economic, legal and other criteria. A decision is then expected during a Dec.14-15 summit of EU leaders on whether to launch formal membership negotiations with Ukraine, a top priority for Kyiv as it fights the Russian invasion. Of the other hopefuls, an EU official said this week a similar recommendation could come for Moldova, where the bloc is also engaged in a geopolitical tug-of-war with Russia. Any enlargement decisions require unanimous backing of all the bloc's members, something that might be difficult to achieve for countries in the Western Balkans, according to EU officials and diplomats. Budget decisions also require unanimity in the bloc and some member countries have asked to also raise spending on tackling natural disasters like wildfires and floods, sources said.

Organizations: Commission Locations: Ukraine, Brussels, Kyiv, Russian, Hungary, Moldova, Russia, Georgia, Western Balkans

☆ Yen loiters around 150 as Middle East anxiety heightens
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +2 min

Japan's yen took the spotlight in Asia on Monday, circling near the 150-per-dollar level in a tug of war between investors betting on a further rise in dollar yields and those expecting Japanese authorities will intervene in markets. U.S. Treasuries were subdued as investors hunkered down for a European Central Bank meeting and U.S. GDP data later in the week. The dollar index added 0.02% to 106.19, with the euro down 0.07% at $1.0586. "Potentially there are two camps out fighting around 150, so that's why dollar-yen doesn't move from here," Yamamoto said. Brent crude futures were 0.6% lower at $91.55 a barrel, but are still up 10% over 10 days.

Persons: Jerome Powell, Masafumi Yamamoto, Yamamoto Organizations: Hamas, European Central Bank, Bank of Japan, Mizuho Securities, Brent, ECB, Reuters Locations: Asia, Israel, Gaza, United States, U.S, Tokyo

☆ 28 Best Gifts for Dog Lovers
▼ + stars: | 2023-10-17 | by ( Jennifer Tzeses | ) www.wsj.com time to read: +15 min

Browse the ideas below, and take a look at our roundups of expert-approved products to keep your pet calm and the best gifts for cat lovers too. For the bakerThe Dash Dog Treat Maker—a small waffle iron with bone-shaped plates—lets your pal whip up homemade dog treats. Many similar custom pet portraits are available on Etsy, including a Mini Custom Watercolor Pet Portrait from Riverry Studio and a Custom Watercolor Pet Portrait from Pet Portrait Galaxy. “I will treasure them forever.” Haussmann also loves custom pet portraits and gifted one to his brother-in-law. For any dog ownerBaapet Dog Leash with Padded Handle $9+ at AmazonWe included the Baapet Dog Leash with Padded Handle as the best for everyday use in our list of the best leashes for every type of dog.

Persons: Jennifer Tzeses, —, Juliana DeWillems, ” DeWillems, Fido, DeWillems, ”, Robert Haussmann, he’s, Hernandez, AJ Hernandez, ’, Roxy, Maggie Marton, she’s, Marton, “, ” Haussmann, they’re, Cynthia Dockx, Haussmann, “ It’s, can’t, it’s, Buddy, Licking, Sophie Gamand, Hunter Finn, Dr, Finn, Mikkel Becker, Julie Burgess, Lucy, Pilar Scratch, Shih Tzu, Oddie, Ingrid Johnson, Johnson, Bob, It’s, Bellamy Richardson Organizations: Behavior Consulting, Washington , D.C, Dogboy, Riverry, BPA, Rover, Homes, Colo, Etsy, Apple Locations: Washington ,, Boston, Indiana, Morris Plains, N.J, Haussmann, McKinney , Texas, Seattle, Chihuahua, It’s, . New York, Petsafe

☆ Markets are misreading Fed officials' comments, and the central bank could still raise rates, analyst warns
▼ + stars: | 2023-10-17 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

The markets have been misinterpreting recent Fedspeak, a Barclays analyst said. Markets "have read far too much into recent Fedspeak that implied that these higher rates might have done some of the heavy lifting." If a strong US economy is driving interest rates higher, the Fed may have to hike rates again. But I think we've read far too much into recent Fedspeak that implied that these higher rates might have done some of the heavy lifting," she said. The so-called Fedspeak infused markets with optimism that the central bank will be pausing rate hikes.

Persons: —, Meghan Graper, isn't, Powell, Jerome Powell, Graper Organizations: Barclays, Service, Bloomberg, Economic, of New Locations: of New York

PHILADELPHIA (AP) — Bryce Harper has manhandled postseason pressure with the ease of one of his swings -- bat tucked behind his helmet, short ground step, then, whack! Maybe a hyped Harper will bellow, “ This is my house!” standing on second base after a go-ahead double. He hit three homers and batted .462 in a four-game NL Division Series win over Atlanta that moved the Phillies on the cusp of a second straight World Series trip. Inside the jubilant clubhouse, the Phillies had their fun, spraying Harper with beer and gleefully yelling, “Attaboy, Harper! Trea Turner became the first Phillies player with four hits in a postseason game when he went 4 for 4 in Game 4.

Persons: — Bryce Harper, Harper, Bryson Stott, Red, ”, Stott, Tommy John, “, ” Harper, Philly, “ Attaboy, Orlando Arcia, Harper ”, Arcia, Michael Harris, I’m, ” Stott, Zack Wheeler, Aaron Nola, Trea Turner, Nick Castellanos, It’s, Rob Thomson, ” Castellanos, it’s, LeBron James, Tiger, you’re Organizations: PHILADELPHIA, Liberty Bell, Phillies, NL, Atlanta, Arizona, Philly, Harper, ” Braves, Braves, MLB, Washington Nationals Locations: Vegas, Philadelphia

☆ Albert Einstein used to ponder these 5 mind-melting questions for fun. Can you figure them out?
▼ + stars: | 2023-10-06 | by ( Ali Sundermier | Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

"One sees in this paradox the germ of the special relativity theory is already contained," Einstein wrote in his "Autobiographical Notes." This is a cornerstone of Einstein's special theory of relativity. One of Einstein's thought experiments had to do with quantum entanglement, which he called "spooky action at a distance." AdvertisementAdvertisementMany scientists have spent decades researching Einstein's thought experiments. But Einstein thought particles behaved more like real coins.

Persons: Albert Einstein, —, Stringer, Einstein, simultaneity, Ernst Haas, Niels Bohr Organizations: Service, Central Press, Getty

☆ Peak crude demand is fueling anger and argument in the world of oil
▼ + stars: | 2023-10-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Peak oil demand refers to the point in time when the highest level of global crude demand is reached, which will be immediately followed by a permanent decline. This would theoretically decrease the need for investments in crude oil projects and make them less economical as other energy sources take over. "Such narratives only set the global energy system up to fail spectacularly," OPEC Secretary General Haitham al-Ghais said in a Sept. 14 statement. The IEA's roadmap calls for daily oil demand to be slashed by 25% in seven years' time. 'We all strive for the same thing'OPEC leaders, meanwhile, point to continuing yearly increases in oil demand, particularly from major emerging markets like China and India.

Persons: Leonard Ortiz, It's, Haitham, Ghais, Claudio Descalzi, Steve Sedgwick, Descalzi Organizations: MediaNews, Orange, Getty, International Energy Agency, OPEC, IEA, Abu Dhabi International Petroleum Exhibition Conference, Abu Dhabi International Progressive Energy Conference, United, Eni Locations: Huntington Beach , California, United Arab Emirates, UAE, OPEC, China, India

☆ How GlobalFoundries aims to remain world’s third-biggest semiconductor foundry
▼ + stars: | 2023-10-01 | by ( Katie Tarasov | ) www.cnbc.com time to read: +10 min

Based in upstate New York, GlobalFoundries isn't a household name because it's manufacturing semiconductors that are designed and sold by other companies. "Look at every electronic device in your house, and I would bet you money that every one of those devices has at least one GlobalFoundries chip in it," Thomas Caulfield, GlobalFoundries CEO, told CNBC. GlobalFoundries chips are inside everything from smartphones and cars to smart speakers and Bluetooth-enabled dishwashers. Although GlobalFoundries' chips are considered legacy nodes, the process and resources needed are still incredibly complex. GlobalFoundries' Fab 8 in Malta, New York, where Equipment Engineering Manager Chris Belfi led CNBC's Katie Tarasov on a tour on September 5, 2023.

Persons: GlobalFoundries, it's, Thomas Caulfield, They're, GlobalFoundries isn't, Caulfield, Abu, Moorhead, Jerry Sanders, Katie Tarasov, Carlos Waters, Daniel Newman, couldn't, TSMC, China's, STMicroelectronics, Hui Peng Koh, that's, Chris Belfi Organizations: HK GM LMT, GlobalFoundries, CNBC, Bluetooth, Nvidia, Taiwan Semiconductor Manufacturing Company, Devices, AMD, Chartered Semiconductor, Nasdaq, Futurum, U.S, Semiconductor Manufacturing International, Samsung, fabs, United Microelectronics, we've, Upstate Locations: New York, China, U.S, Singapore, Germany, France, Malta , New York, Dresden, Malta, Vermont, South Korea, Taiwan, TSMC, Crolles, Chengdu, Upstate New York, Europe, Koh, Arizona, Asia

☆ Meet the families who are ditching America to travel abroad as digital nomads
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.

Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, —, Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco

☆ European castles, private chefs, and a startup school: These families are ditching the US to live the American dream abroad
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 last week posted its biggest weekly drop since March. According to preliminary data, the S&P 500 (.SPX) gained 17.92 points, or 0.41%, to end at 4,337.98 points, while the Nasdaq Composite (.IXIC) gained 59.86 points, or 0.45%, to 13,271.66. Among S&P 500 sectors, energy (.SPNY) led the way.

Persons: Brendan McDermid, Chuck Carlson, Angelo Kourkafas, Edward Jones, Jerome Powell, Austan Goolsbee, Lewis Krauskopf, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Maju Samuel, Richard Chang Organizations: New York Stock Exchange, REUTERS, Anthropic Energy, Amazon.com, Federal Reserve, Fed, Horizon Investment, Nasdaq, Dow Jones, Investors, Chicago Fed, CNBC, Thomson Locations: New York City, U.S, New York, Bengaluru

Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers of subscriptions. Members of Amazon Prime can pay $2.99 per month in the U.S. to keep their service ad-free, the company said Friday. Ads in Prime Video content will start in the U.S., U.K., Germany, and Canada in early 2024, followed by France, Italy, Spain, Mexico, and Australia later in the year. Amazon's Prime Video is part of a much bigger slate of perks that come with Amazon Prime membership. In June Amazon was accused by the Federal Trade Commission for allegedly engaging in a yearslong effort to enroll consumers without consent into Amazon Prime and making it difficult for them to cancel their subscriptions.

Persons: Amazon, it's Organizations: Amazon, Disney, Netflix, Amazon Prime, Federal Trade Commission Locations: U.S, Germany, Canada, France, Italy, Spain, Mexico, Australia

☆ Oil prices rise as supply concerns outweigh demand fears
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global oil supply outweighed fears that further possible U.S. interest rate hikes could dent fuel demand, but they were still headed for a weekly loss in four. Brent futures for climbed 21 cents, or 0.2%, to $93.51 a barrel by 0103 GMT, while U.S. West Texas Intermediate crude, or WTI, futures gained 23 cents, or 0.3%, to $89.86. The shortfall, which will force Russia's fuel buyers to shop elsewhere, caused heating oil futures to rise by nearly 5% on Thursday. The U.S. Federal Reserve on Wednesday maintained interest rates, but stiffened its hawkish stance, projecting a quarter-percentage-point increase to 5.50 to 5.75% by year-end. The Bank of England mirrored the Fed and held interest rates on Thursday after a long run of hikes, but said it was not taking a recent fall in inflation for granted.

Persons: Rishi Sunak, Brent, Toshitaka Tazawa Organizations: U.S, West Texas, of, Petroleum, Fujitomi Securities Co Ltd, U.S . Federal Reserve, Bank of England Locations: OPEC, United States, Europe, Russia

☆ Why Is My Mother Obsessed With Buying Me a Status Bag?
▼ + stars: | 2023-09-20 | by ( Philip Galanes | ) www.nytimes.com time to read: +2 min

If she still reverts to pricey swag, recognize her blind spot and take care of yourself: sell the stuff or give it away. I don’t think their intervention helps, but I don’t want to sound like a nagging girlfriend. But if coming off as “nagging” is the worst consequence you can imagine of interfering with your boyfriend’s care during depressive episodes, then you may not know enough about depression. You may be right about the efficacy of his parents’ intervention, but you haven’t said anything about the seriousness of your boyfriend’s illness. When we asked our friend about the “no kids” policy, he suggested that my parents fly down with us.

Persons: pricey swag, Miguel Porlan, haven’t, We’ve, I’m Locations: Tennessee

☆ Lying in Comedy Isn’t Always Wrong, but Hasan Minhaj Crossed a Line
▼ + stars: | 2023-09-20 | by ( Jason Zinoman | More About Jason Zinoman | ) www.nytimes.com time to read: +2 min

All artists teach their audience how to view them, by the way they tell jokes, their style, the level of absurdity. What makes Hasan Minhaj such a troubling example is that his style, onstage and often off in interviews, suggested we should believe him. Lying in comedy isn’t necessarily wrong. The problem with only considering the standard of emotional truth is that it can blind you to the impact on the actual world outside your emotions. You could say that the emotional truth behind the Patriot Act was that the terrorism of Sept. 11 required extreme tactics to feel safe, but that doesn’t make the legislation right.

Persons: Taylor Tomlinson, Kate Berlant, Hasan, Minhaj, didn’t, ”, It’s Organizations: Patriot

☆ There's a 'gigantic tug-of-war' happening behind the scenes with retailers and suppliers: Jim Cramer
▼ + stars: | 2023-09-18 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a 'gigantic tug-of-war' happening behind the scenes with retailers and suppliers: Jim Cramer'Mad Money' host Jim Cramer talks the state of retail, the day's market action and more.

Persons: Jim Cramer

☆ Wall Street tumbles, Treasury yields gain as focus turns to Fed
▼ + stars: | 2023-09-16 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

The S&P 500 and the Nasdaq reversed their weekly advances, while the blue-chip Dow ended the week nominally higher. European stocks closed higher, extending a rally sparked by the European Bank signaling an end to its rate-hiking cycle, and logging a weekly gain. The pan-European STOXX 600 index (.STOXX) rose 0.23% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.63%. Emerging market stocks rose 0.33%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 0.58% higher, while Japan's Nikkei (.N225) rose 1.10%.

Persons: Brendan McDermid, Dow, TW, Chuck Carlson, Robert Pavlik, Sterling, Brent, Stephen Culp, Naomi Rovnick, Kevin Buckland, Nick Zieminski, Diane Craft, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Treasury, Nasdaq, Semiconductor, SOX, Reuters, University of Michigan, Federal Reserve, Horizon Investment, Financial, Dakota Wealth, Dow Jones, Bank, Japan's Nikkei, Thomson Locations: New York City, U.S, Philadelphia, Hammond , Indiana, Fairfield , Connecticut, Asia, Pacific, Japan, London, Tokyo

☆ J.P.Morgan, ANZ raise 2023 China GDP forecast
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

People stand at a shopping mall near the CCTV headquarters and China Zun skyscraper, in Beijing's central business district (CBD), China September 7, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsBEIJING, Sept 15 (Reuters) - J.P.Morgan and ANZ on Friday raised their 2023 economic growth forecast for China, after August economic numbers offered some signs of stabilization in the world's second-largest economy. Both raised their GDP forecast by 20 basis points each to 5% and 5.1% respectively, with JPM saying notable recovery in retail sales and rise in service activity were the biggest surprises. Zhu said additional fiscal and housing policy relaxation like subsidy for product-specific consumption support, relaxation of home buying restrictions, sales restrictions and price controls in tier-1 and 2 cities may follow in the near term. Goldman Sachs kept its third-quarter GDP growth forecast unchanged at 4.9% but said China's economy is still in a tug of war between persistent growth headwinds and increasing policy support.

Persons: Tingshu Wang, Zhu, JPM, Goldman Sachs, Aniruddha Ghosh, Liz Lee, Gao Liangping, Kim Coghill, Varun Organizations: REUTERS, Rights, ANZ, Thomson Locations: China, Beijing's, Rights BEIJING, Bengaluru, Beijing

☆ A stranded luxury cruise ship was stuck in Greenland for 3 days. It's finally been pulled free.
▼ + stars: | 2023-09-14 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

The 206 passengers on a luxury cruise ship will be heading home soon. The MV Ocean Explorer ran aground in a isolated part of Greenland on Monday. The name of the Greenland ship was Tarajoq and it belongs to the Greenland Institute of Natural Resources, a government agency. AdvertisementAdvertisementThe Bahamas-flagged cruise ship has passengers from Australia, New Zealand, South Korea, the United Kingdom and the United States. The others on the MV Ocean Explorer were "safe and healthy," it added.

Persons: Steven Fraser, Fraser Organizations: Ocean Explorer, Greenland, Service, Arctic Command, Greenland Institute of Natural Resources, Aurora Expeditions, Expeditions, Sydney Morning Herald, DR, Danish Maritime Authority, Ships, Command Locations: Greenland, Monday, Wall, Silicon, Copenhagen, Alpefjord, France, Spain, Ittoqqortoormiit, Nuuk, Australia, New Zealand, South Korea, United Kingdom, United States, Greenland's, Kirkenes, Arctic Norway, Bergen, Norway

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

RTX said on Monday it would have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets for quality inspections over the next three years. The engine issue was first disclosed in July, but RTX made the extent of the problem clearer on Monday. The announcement caused waves up and down the industry, from component manufacturers like Japan's Kawasaki Heavy Industries to airline carriers like Germany's Lufthansa that rely on the popular Airbus jets. In July, RTX said microscopic contaminants were found in a powdered metal used in high-pressure turbine discs that are part of the GTF engine's core. RTX is one of two manufacturers of engines for the popular narrowbody Airbus A320neo, the other being CFM International, a joint venture between GE (GE.N) and Safran (SAF.PA).

Persons: Benoit Tessier, RTX, Guillaume Faury, Ken Herbert, Japan's IHI, Safran, Valerie Insinna, Rajesh Kumar Singh, Abhijith, Aniruddha Ghosh, Mehr Bedi, David Gaffen, Arun Koyyur Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Aerospace, Airbus, Pratt & Whitney, Washington D.C, Japan's Kawasaki Heavy Industries, Lufthansa, Raytheon, United Technologies, Capital, AIRLINES, HIT Aerospace, London, Melrose Industries, Kawasaki Heavy Industries, Aero, Air New Zealand, Singapore Airlines, Wizz, Airbus A320neo, CFM International, GE, Thomson Locations: Le Bourget, Paris, France, Washington, RTX, New Delhi, Bengaluru

☆ Air New Zealand sees 'significant' hit to flight schedule from RTX engine issue
▼ + stars: | 2023-09-11 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +2 min

REUTERS/Loren Elliott(Reuters) -Air New Zealand on Tuesday warned that inspections of RTX’s Pratt & Whitney engines would have a “significant” impact on its flight schedule from next year. “This issue will further reduce engine availability and is expected to have a significant impact on the airline’s schedule from January 2024,” Air New Zealand said in a statement. Air New Zealand has 16 A320neo jets in its fleet of 106 aircraft, servicing Australia and the Pacific Island markets and, to a much lesser extent, the domestic market. Major customers that took delivery of affected A320neo jets include Spirit Airlines, JetBlue Airways, Hawaiian Airlines and Wizz Air, according to aviation data provider Cirium. Hungary’s Wizz Air, one of Europe’s largest lost-cost airlines, on Monday said its capacity could be reduced by 10% in the second half of 2024 as a result.

Persons: Loren Elliott, RTX’s Pratt, Greg Hayes Organizations: Air, Sydney Airport, REUTERS, Reuters, Zealand, Whitney, Airbus, ” Air, Air New, Pacific, Spirit Airlines, JetBlue Airways, Hawaiian Airlines, Wizz Locations: Zealand, Sydney, Australia, Air New Zealand

Visitor passes the Raytheon Technologies Corporation (RTX) logo at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. In July, RTX said a rare powder metal defect could lead to the cracking of some engine components and called for accelerated inspections affecting 200 engines by mid-September. Repair work that CEO Greg Hayes had initially expected would take 60 days is now projected to last up to 300 days per engine. An average of 350 jets could be grounded per year through 2026, with as many as 650 jets sitting idle in the first half of 2024. Disclosing higher-than-expected gross costs of $6-7 billion for dealing with the problem, RTX said it expected an up to $3.5 billion pre-tax hit to profits over the next several years.

Persons: Benoit Tessier, Pratt & Whitney, RTX, Greg Hayes, Safran, Hayes, Germany's, Robert Stallard, Valerie Insinna, Abhijith, Tim Hepher, Arun Koyyur, Nick Zieminski, Grant McCool Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Pratt &, RTX Corp, Airbus, Pratt, Raytheon, GE, CFM, Boeing, Aero, Germany's Lufthansa, AIRBUS, U.S, Spirit Airlines, JetBlue Airways, Hawaiian Airlines, Jefferies, Vertical Research Partners, Thomson Locations: Le Bourget, Paris, France, Clayville , New York, Washington, Bengaluru

☆ Ukraine collects Russian bodies on 'road of death' in retaken southeast
▼ + stars: | 2023-09-11 | by ( Anna Voitenko | ) www.reuters.com time to read: +2 min

[1/4] Ukrainian servicemen check the body of a dead Russian soldier, amid Russia's attack on Ukraine, in the village of Blahodatne in Donetsk Region Ukraine September 8, 2023. REUTERS/Oleksandr Ratushniak/File Photo Acquire Licensing RightsBLAHODATNE, Ukraine, Sept 11 (Reuters) - Wearing face masks, the Ukrainian soldiers poked sticks into the undergrowth along a deserted country road, searching for the bodies of Russian soldiers they hoped to exchange for their own comrades, living and dead. They called it the "road of death" after the number of Russian soldiers killed there when Ukrainian forces retook the southeastern village of Blahodatne at the start of their counteroffensive in June. Three months on, the frontline had shifted south and it was finally safe enough for the three-man team of Ukrainian soldiers to start their operation in this liberated part of Donetsk region. There was intense fighting for Urozhaine," he said, referring to a nearby village that was later retaken.

Persons: Oleksandr Ratushniak, Volodymyr, Ron Popeski, Tom Balmforth, Andrew Heavens Organizations: Donetsk Region Ukraine, REUTERS, Kremlin, Thomson Locations: Russian, Ukraine, Blahodatne, Donetsk Region, Donetsk, Russia, Urozhaine

☆ Residents of Nagorno-Karabakh fear for future under blockade
▼ + stars: | 2023-09-06 | by ( Caolán Magee | ) edition.cnn.com time to read: +13 min

CNN —Ani Kirakosyani found out she was pregnant a month after the blockade of Nagorno-Karabakh began. “If not for the blockade, I would be playing with my child today,” Kirakosyani told CNN. He told CNN that before the blockade he had received most of his produce from Armenia. I only have one week left until the shop closes and I am jobless,” he told CNN. Meanwhile Russia, which brokered the ceasefire in 2020, has peacekeepers along the Lachin corridor but has refrained from intervening further.

Persons: Ani Kirakosyani, Kirakosyani, ”, ” Kirakosyani, Gegham Stepanyan, Tom Lantos, Cross, Luis Moreno Ocampo, Arayik Harutyunyan, Nikol Pashinyan, Mary Asatryan Max Mkhitaryan, Mary Asatryan, Brendan Hoffman, Ronald Suny, Azerbaijan’s, Ilham Aliyev, –, ” Harutyunyan, Peter Stano, Harutyunyan, Maria Zakharova, Artyom, Anahit, Vahe Gevorgyan, ” Gharaghazaryan Organizations: CNN, International Association of Genocide, Artsakh, Rights, International Committee, ICRC, Criminal Court, Armenian, Stepanakert Medical, University of Michigan, …, United States State Department, EU, Reuters, European Union, Russian Foreign Ministry, Russia, Hamline University, UN Security, “ Locations: Nagorno, Karabakh, Haterk, Republic of Artsakh, Azerbaijan, Artsakh Republic, Armenia, Artsakh, Stepanakert, Soviet Union, Turkey, Baku, … Baku, Azerbaijani, Aghdam, EU, Russia, United States, Ukraine

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