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☆ UK employers curb hiring at fastest rate in over 3 years: REC
▼ + stars: | 2023-09-07 | by ( David Milliken | ) www.reuters.com time to read: +2 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. REC also reported that starting salaries rose at the joint-slowest pace since March 2021, although this was still a large increase by historic standards. A BoE survey on Thursday showed employers expect to raise wages by 5% over the coming year, above the 3-4% rate typical before the pandemic, when inflation stayed close to target. REC said there were "widespread reports" from its members that the pool of jobseekers had been swollen by increased redundancies. The REC surveyed around 400 recruitment agencies between Aug. 10 and Aug. 24.

Persons: Toby Melville, Neil Carberry, BoE, BoE Governor Andrew Bailey, jobseekers, David Milliken, Frances Kerry Organizations: Bank of, REUTERS, Confederation, REC, Bank of England, Thomson Locations: Bank of England, London, Britain

☆ Bangladesh’s worst ever dengue outbreak a ‘canary in the coal mine’ for climate crisis, WHO expert warns
▼ + stars: | 2023-09-07 | by ( Helen Regan | ) edition.cnn.com time to read: +5 min

Dengue-infected people are treated at the Mugda Medical College and Hospital in Dhaka, Bangladesh, on August 7. The global number of dengue cases has already increased eight-fold in the past two decades, according to WHO. As the climate crisis worsens, mosquito-borne diseases like dengue, Zika, chikungunya and yellow fever will likely continue to spread and have an ever greater impact on human health. Mahamud said the climate crisis and this year’s El Nino weather pattern – which brings warmer, wetter weather to parts of the world – are worsening the problem. Calling these outbreaks a “canary in the coalmine of the climate crisis,” Mahamud said “global solidarity” and support is needed to deal with the worsening epidemic.

Persons: Adhanom Ghebreyesus, Tedros, “, ”, Mohammad Ponir Hossain, ” Tedros, ” Kabirul Bashar, Raman Velayudhan, Abdi Mahamud, Mahamud, ” Mahamud Organizations: CNN, World Health Organization, WHO, Mugda Medical College, Hospital, Reuters, Dhaka –, ” WHO, “, South America Locations: Bangladesh, El Nino, Dhaka, Nino, Peru, Florida, Asia, Sri Lanka, Thailand, Malaysia, Africa, Chad

☆ Thomson Reuters, Blackstone, others to sell $2.9 bln LSEG shares
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: 1 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville Acquire Licensing RightsSept 6 (Reuters) - Investors in the London Stock Exchange Group (LSEG.L), including Blackstone (BX.N) and Thomson Reuters (TRI.TO), (TRI.N), are launching a sale of roughly 28.3 million shares worth about 2.3 billion pounds ($2.9 billion), bookrunners said on Wednesday. The consortium, which includes Canada's CPPIB and Singapore's GIC, intends to sell a total of about 43.1 million shares over time in the bourse operator. Thomson Reuters, parent of Reuters News, holds a minority stake in LSEG. ($1 = 0.8002 pounds)Reporting by Pushkala Aripaka in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, bookrunners, Singapore's GIC, Pushkala Organizations: London Stock Exchange, REUTERS, Blackstone, Thomson Reuters, Reuters, Thomson Locations: Canary Wharf, London, Britain, bourse, LSEG, Bengaluru

☆ FTSE 100 dragged down by global gloom, Barratt warning
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsSummaryCompanies FTSE 100 down 0.5%, FTSE 250 falls 0.4%Sept 6 (Reuters) - UK's FTSE 100 slipped on Wednesday as recent soft economic data from China and Europe continued to weigh on global sentiment, while shares of Barratt Developments fell after the homebuilder warned of a tough housing market environment. The exporter-heavy FTSE 100 index (.FTSE) dropped 0.5% in early trade, while the domestically focussed FTSE 250 index (.FTMC) declined 0.4%. Global markets also extended losses for a second day as faltering growth in China and Europe heightened concerns about global economic momentum. GLOB/MKTSEmerging markets-focused fund manager Ashmore's shares (ASHM.L) fell 4.3% after it reported a 6% drop in annual profit.

Persons: Toby Melville, Barratt, Ashmore's, WH Smith, Siddarth, Sohini Goswami Organizations: London Stock Exchange, REUTERS, Barratt, Global, Thomson Locations: Canary Wharf, London, Britain, China, Europe, Bengaluru

Some of them, like “Dune: Part Two," have been postponed until next year due to the ongoing actors and writers strikes. Gillespie’s film features a freewheeling ensemble including Pete Davidson, Anthony Ramos, Seth Rogen, Shailene Woodley, America Ferrera and Nick Offerman. “Fair Play” (in theaters Sept. 29, on Netflix Oct. 13)Hedge funds also play a role in writer-director Chloe Domont’s drama about sexual politics and gender dynamics in the high-charged, male-dominated world of finance. Eight years after the last “Hunger Games” movie (“Mockingjay – Part 2”) a prequel is returning to the science fiction dystopia of Panem. Francis Lawrence’s film, set 64 years before the events of the first “Hunger Games” film, introduces a host of new characters in the lead-up to the 10th Hunger Games.

Persons: ”, Expendables, Gael García Bernal, Roger Ross Williams, Saúl Armendáriz, Williams, Bunny, Craig Gillespie’s, ” Paul Dano, Keith Gill, Pete Davidson, Anthony Ramos, Seth Rogen, Shailene, America Ferrera, Nick Offerman, Chloe Domont’s, Phoebe Dynevor, Alden Ehrenreich, Aristotle, Dante, “ El Conde ”, Flora, Son ”, Henry Sugar ”, “ Carlos ”, “ Dicks, Justine Triet’s, Palme, Sandra Hüller, Martin Scorsese’s, David Grann's, Lily Gladstone, Scorsese, Leonardo DiCaprio, Robert De Niro, Robbie Robertson, Baz Luhrmann’s, Elvis Presley, Sofia Coppola, Priscilla Presley, “ Elvis, ” Jacob Elordi, “ Joan Baez, “ Taylor Swift, Nyad, “ Rustin ”, Colman Domingo, Bayard Rustin, George C, Martin Luther King Jr, Panem, Francis Lawrence’s, Tom Blyth, Rachel Zegler, Peter Dinklage, Viola Davis, ” Ridley Scott, Joaquin Phoenix, Napoleon Bonaparte, Vanessa Kirby, Joséphine Bonaparte, Sly ”, “ Orlando, Maestro ”, “ Leo ” Organizations: GameStop, America, Netflix, Sundance Film, Paramount, Apple, Cannes Film, Hüller, Hunger Locations: Shailene Woodley, Venice, Osage, Washington

☆ LSEG explores blockchain for cross-asset digital 'ecosystem'
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +2 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/file photo Acquire Licensing RightsSept 4 (Reuters) - London Stock Exchange Group (LSEG.L) is looking into using blockchain to build what it described on Monday as "an end-to-end digital market ecosystem to raise and transfer capital across asset classes". Blockchain, best known as the technology underpinning cryptocurrencies such as bitcoin and other crypto assets, is a digital ledger which records and verifies transactions. LSEG's move comes as a number of mainstream financial institutions are talking about the potential for blockchain to streamline the process of issuing and trading financial assets. "The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent .

Persons: Toby Melville, Murray Roos, Roos, LSEG, Akanksha, Radhika Anilkumar, Savio D'Souza, Rashmi Aich, Alexander Smith Organizations: London Stock Exchange, REUTERS, Financial Times, Reuters, Treasury, Thomson Reuters, Thomson Locations: Canary Wharf, London, Britain, LSEG, Bengaluru

A Barclays bank building is seen at Canary Wharf in London, Britain May 17, 2017. Barclays distributed a presentation on its domestic merchant acquiring unit to potential bidders - mainly specialist payments providers - over the summer, two of the people said, but plans may still be altered or dropped entirely. Our businesses continue to perform well and growing our global payments business is a priority for us." The group drafted in consultants to prepare separate financials for its domestic merchant acquiring operation in an initiative known internally as Project Hyperion, one of the people said. Barclays is also gauging interest in its German consumer finance operations, known as Barclaycard Germany.

Persons: Stefan Wermuth, Sanpaolo, Amy, Jo Crowley, Pablo Mayo, Milana, Lawrence White, Elisa Martinuzzi, Susan Fenton Organizations: Barclays, REUTERS, Barclays Plc, Reuters, Chief, CS Venkatakrishnan, Spain's Banco Sabadell, Italy's, Pablo Mayo Cerqueiro, Thomson Locations: London, Britain, Germany, New York

☆ LSE Group draws up plans for blockchain-based digital assets business - FT
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +2 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/file photo Acquire Licensing RightsSept 4 (Reuters) - The London Stock Exchange Group (LSEG.L) has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powering cryptocurrency, the Financial Times reported. LSEG is considering using a separate legal entity for the digital markets business, the report said on Monday, adding that it hoped to have it running within the next year, subject to regulatory approvals. The London Stock Exchange Group did not immediately respond to a Reuters request for comment. The reported move comes at a time when a number of mainstream financial institutions are talking about the potential for blockchain to streamline the process of issuing and trading financial assets.

Persons: Toby Melville, Murray Roos, Blockchain, Roos, Akanksha, Savio D'Souza, Rashmi Organizations: London Stock Exchange, REUTERS, Financial Times, LSE Group, LSE, Treasury, London Stock Exchange Group, Thomson Reuters, Reuters, Thomson Locations: Canary Wharf, London, Britain, LSEG, Bengaluru

☆ These tiny creatures are losing their battle to survive. Here’s what we can do to save them
▼ + stars: | 2023-09-03 | by ( Amy Chillag | ) edition.cnn.com time to read: +9 min

The first time Mike Parr, president of the American Bird Conservancy, saw one, it was feeding on blossoms of a lemon tree in California. These tiny creatures are one of 70 bird species on the “Tipping Point” list that will lose another fifty percent of their populations in the same time frame if conservation doesn’t improve. You can create more habitat for birds by planting native species and not overly tidying your yard. They kill an estimated 2.4 billion birds every year in the US alone, according to the American Bird Conservancy. You can also help fight for the survival of bird species by donating to these groups: American Bird Conservancy, National Audubon Society and International Bird Rescue.

Persons: Mike Parr, ”, Parr, “, Laura Erickson, ” Parr, they’re, “ We’ve, Greg Homel, landscapers, catios, they’ve, everybody’s Organizations: CNN, American Bird Conservancy, Cornell, of Ornithology, Bird Conservancy, National Audubon Society Locations: California, Alaska, Mexico, Rocky Mountain, North America, United States, Arizona

☆ Lessons learned from hiking the Camino de Santiago in Spain and Portugal
▼ + stars: | 2023-08-31 | by ( James Jeffrey | ) edition.cnn.com time to read: +14 min

Editor’s Note: Monthly Ticket is a CNN Travel series that spotlights some of the most fascinating topics in the travel world. About walking sticksThat first Camino, there was absolutely no way I was using walking sticks. Whatever the percentage, walking sticks help you balance on irregular ground – especially on tricky loose-stoned downhill slopes. Torres way, one of many Camino de Santiago routes, runs from Salamanca to Santiago de Compostela. About embracing the mysticalMany Camino pilgrims end their journey at the Santiago de Compostela Cathedral in Galicia, Spain.

Persons: we’re, Saint James, –, James Jeffrey Walking, you’ll, Ernest Hemingway, ”, James Jeffrey I, James Jeffrey, Torres, ” Jan Morris, Ribera, Spain –, ” Peter Stanford, Paulo Coelho, Richard Aldington, don’t, Coelho, E.M . Forster Organizations: CNN, Port, Saint, Camino, Gran Canaria, Wine, Santiago de Compostela Cathedral Locations: Santiago, ”, Saint, Pamplona, Burgos, Leon, Santiago de Compostela, Camino, Europe, Africa, del Norte, Camino Norte, la Plata, Spain, Salamanca, “, New York, Canary, Rioja, Ribera del Duero, Portugal, Lisbon, Santiago de, Galicia, Portugal's Algarve, extremis

☆ Lessons learned from hiking the Camino de Santiago in Spain
▼ + stars: | 2023-08-31 | by ( James Jeffrey | ) edition.cnn.com time to read: +14 min

☆ UK business optimism at 18-month high on hopes for rate hike pause
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. Contrasting with signs of an economic slowdown in other recent surveys, the Lloyds Bank Business Barometer measure of confidence jumped by 10 points in August to 41%, its highest since February 2022. "The bounce in economic optimism this month is the stand-out point," Hann-Ju Ho, senior economist at Lloyds Bank, said. The BoE raised rates for the 14th time in a row this month to counter an inflation rate running at almost 7%. Investors mostly expect the Bank Rate to peak this year at 5.75%, up from its current level of 5.25%.

Persons: Toby Melville, " Hann, Ju Ho, BoE, William Schomberg, Bernadette Baum Organizations: Bank of, REUTERS, Bank of England, Lloyds Bank, Lloyds, Thomson Locations: Bank of England, London, Britain, Ukraine

☆ Wall St surges, Treasury yields retreat as data hints at potential Fed pause
▼ + stars: | 2023-08-29 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

"Today's data indicates that consumers are being cautious," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. The pan-European STOXX 600 index (.STOXX) rose 0.97% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.38%. Emerging market stocks rose 1.09%. U.S. Treasury yields retreated after a sharp fall in U.S. job openings increased the likelihood of a Fed rate hike pause. Oil prices rose as Hurricane Idalia bore down on Florida's Gulf Coast, threatening supply in a tightening market.

Persons: Toby Melville, Peter Tuz, Tuz, payrolls, Brent, Stephen Culp, Susan Fenton, Mark Heinrich Our Organizations: London Stock Exchange, REUTERS, Treasury, Chase Investment, Commerce, Dow Jones, Nasdaq, Japan's Nikkei, U.S, Thomson Locations: Canary Wharf, London, Britain, U.S, Charlottesville , Virginia, Asia, Pacific, Japan, Gulf

☆ I used TikTok to plan my vacation. Here’s how that went
▼ + stars: | 2023-08-25 | by ( Amarachi Orie | ) edition.cnn.com time to read: +14 min

I put a stint of endless scrolling to good use by using the app to decide the itinerary for my latest vacation. So, like TikTok users said, early morning is probably the best time for a tourist to first experience the amusement park. Amarachi Orie/CNNWith a name meaning “Yellow Beach,” this place was an aesthetic wonder, which explains why it came up on TikTok. Amarachi Orie/CNNThis beach club on the Veronica Strip was recommended by TikTok users as the place to be to enjoy the island’s nightlife. I would recommend every place TikTok took me to, especially the aesthetic masterpieces: the yellow beach, Fiore and Masca.

Persons: Costa Adeje, Amarachi Orie, TikTokers, I’m, Orie, TikTok, I’d, Fiore, I’ll, don’t, CNN TikTok, Madonna, Harley Davidson, Bob Dylan, Bruce Springsteen, Billy Idol, Stevie Nicks, Veronica, Papagayo, Teide, Masca, it’s Organizations: CNN, TikTok, Costa Adeje TikTok, Costa Adeje, Port Colon, Workers, Papagayo Beach Club Spanish Locations: West Africa, Tenerife, Canary Islands, TikTok, tenerife, Costa, Siam, Spanish, Los Cristianos, Amarilla, Luuma, Playa de Las, Playa, Las, British, Santiago del Teide, Fiore

☆ Thousands of evacuees return home as Tenerife wildfire eases
▼ + stars: | 2023-08-23 | by ( Nacho Doce | ) www.reuters.com time to read: +2 min

[1/2] A firefighter plane discharges water over Guimar, as wildfires rage out of control on the island of Tenerife, Canary Islands, Spain August 22, 2023. REUTERS/Nacho Doce Acquire Licensing RightsTENERIFE, Canary Islands, Spain, Aug 23 (Reuters) - More than 8,000 evacuees from a wildfire that has devastated forests on the Spanish island of Tenerife for more than a week were able to return home as the blaze has been brought under control, authorities said on Wednesday. Twenty aircraft will continue working to control the fire, which has a perimeter of more than 80 km (50 miles). Firefighters were able to keep the flames from ravaging the Teide Observatory, Rafel Rebolo, head of the Canary Islands Astrophysics Institute, told Reuters. Writing by Emma Pinedo; editing by Charlie Devereux and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebolo, Emma Pinedo, Charlie Devereux, Angus MacSwan Organizations: REUTERS, Rights, Firefighters, Astrophysics Institute, Reuters, Thomson Locations: Tenerife, Canary Islands, Spain, Rights TENERIFE, Guimar, Europe, Greece, Italy, Portugal

☆ Climate change: Parts of tropical rainforests could get too hot for photosynthesis, study suggests
▼ + stars: | 2023-08-23 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —Some leaves in tropical forests from South America to South East Asia are getting so hot they may no longer be able to photosynthesize, with big potential consequences for the world’s forests, according to a new study. They found that average forest canopy temperatures peaked at 34 degrees Celsius (93 Fahrenheit) but some exceeded 40 degrees Celsius (104 Fahrenheit). This level of warming is not expected under current climate policies, which are estimated to bring 2.7 degrees Celsius of warming above pre-industrial levels. While these figures may seem small, the risk is significant given how critical tropical trees are for life, the climate system and the planet. But, he added, there are more immediate concerns for tropical forests, including deforestation, wildfires and droughts.

Persons: photosynthesize, Christopher Doughty, ” Doughty, Martin Zwick, ”, Kevin Collins, Christopher Still, there’s, it’s, “, Chloe Brimicombe, ” Joshua Fisher Organizations: CNN, Northern Arizona University, Getty, Open University, Science Media, Oregon State University, University of Graz, Chapman University Locations: South America, South East Asia, Nature, Australia, Brazil, ecoinformatics, Mobuku, Uganda, ”, Austria

☆ Leaving the office for dead may haunt investors
▼ + stars: | 2023-08-23 | by ( Aimee Donnellan | ) www.reuters.com time to read: +3 min

Those moves may herald a requirement for a return to a five-day office week. Average office attendance is only 35%, according to AWA, a consultancy that studied companies in 22 countries during April and May of 2023. Still, a mass exodus of tenants is unlikely as office leases in financial districts like London’s Canary Wharf have around 10 years left. But investors fear that once leases come up for renewal, companies will cull space. If bosses have it their way, office stocks may come back from the dead.

Persons: France’s, BNY Mellon, Jamie Dimon, “, ” BNY Mellon, Francesco Guerrera, Streisand Neto Organizations: Reuters, Boston Properties, Google, JPMorgan, . Tech, Communications, Reuters Graphics, AWA, Alexandria Real, Thomson Locations: London , New York, San Francisco, London, U.S, Alexandria, Britain

☆ UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +1 min

Median basic pay deals in the three months to the end of July fell to 5.7% following six consecutive quarters at a record 6%, human resources publication and data provider XpertHR said. Pay awards remained below the rate of inflation. Sheila Attwood, senior content manager at XpertHR, said pay awards had likely hit their peak and expects the gap between pay deals and inflation to narrow. However, official figures from the Office for National Statistics showed annual wage growth excluding bonuses rose to 7.8% in the three months to June, the highest in records going back to 2001. XpertHR said median pay awards for the public sector stood at 5% in the year to July, up from 3.2% in the year before.

Persons: Kevin Coombs, XpertHR, BoE, Sheila Attwood, Attwood, Suban Abdulla, Andy Bruce Organizations: REUTERS, Companies Bank of England, Bank of England, Office, National Statistics, Thomson Locations: Canary Wharf, London, Britain, XpertHR

☆ Cape Verde stranded migrants return home to Senegal
▼ + stars: | 2023-08-22 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Senegalese authorities on Monday brought home 37 migrants who were rescued off the coast of Cape Verde last week after their boat was stranded without fuel in the Atlantic Ocean for weeks. The survivors, mainly from the fishing village of Fass Boye, landed on Monday evening. Some were taken out of the plane on stretchers, too weak to stand after their ordeal. Authorities organized their repatriation from the Cape Verde island of Sal, where a Senegalese doctor who helped translate between survivors and authorities explained the boat ran out of fuel. Thousands of migrants brave the hundreds of miles of ocean separating Africa from Europe each year in a desperate search for a better livelihood and work opportunities.

Persons: Fass Boye, “, Medoune Ndiaye, Anette Seck, ”, Abdou Karim Sarr Organizations: Reuters, Authorities, International Organization for Migration Locations: Cape Verde, Senegal, West Africa, Canary, Spain, Sal, Spanish, Africa, Europe

CNN —The burned bodies of 18 people were found as wildfires ripped through Greece on Tuesday and countries across Europe sweltered under yet another extreme heat wave. As dozens of wildfires scorch Greece, other parts of the region are suffering under intense heat, as Europe’s summer of extremes continues. Red heat warningsAs parts of Greece and Spain burn, temperatures are reaching record levels in other parts of Europe. These regions are all experiencing very high temperatures, with some pushing above 40 degrees Celsius (104 degrees Fahrenheit). Savona, in the northwest, saw an all-time record high of 39.1 degrees Celsius (102.4 Fahrenheit) on Monday.

Persons: Yiannis Artopios, Nikos Gioktsidis, “ I’ve, I’ve, Spyros Bakalis, Alexandroupolis, Dimitris Alexoudis, Artopios, Pedro Sánchez, –, MeteoAlarm, Igor Ferreira, Montbel, Alain Pitton, Aurélien Rousseau, Maximiliano Herrera, Martin, Rousseau, MeteoSchweiz Organizations: CNN, Reuters, Emergency Management Service, Firefighters, Getty, European Union, country’s, BFMTV, Puy St, Northern Locations: Greece, Europe, Athens, Alexandroupolis, Prodromos, AFP, Thrace, Cyprus, Romania, ANMA, Rhodes, Tenerife, Canary, Spanish, Spain, France, Drôme, Haute, Loire, Rhône, Puy, Italy, Savona, Switzerland, Swiss

☆ Major wildfires burn in Greece, Spain's Canary Island of Tenerife
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: +2 min

Efforts to extinguish the wildfires continue with interventions by land and air on the third day in Alexandroupolis, Greece on August 21, 2023. Major wildfires were burning in Greece and in Spain's Canary Islands on Monday, with hot, dry and windy conditions hampering the efforts of hundreds of firefighters battling the blazes. In Greece, authorities said the body of a man was recovered from a sheep-pen in an area in the central Viotia region under evacuation as a wildfire approached. Two firefighters were being treated in a hospital for injuries sustained in a separate fire in the northern Kavala region, the fire department said. Gale-force winds were fanning the flames of dozens of wildfires in several parts of the country, with the northeast particularly hard-hit.

Persons: Gale, Vasilis Kikilias Organizations: European Union, Local, Civil Locations: Alexandroupolis, Greece, Canary, Europe, Viotia, Kavala, Komotini, Orestiada, Evia, Kythnos

☆ This year's favorite trade on Wall Street could be in trouble, chart analysts warn
▼ + stars: | 2023-08-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

"That's a normal correction, when bull markets get overheated like this," said Dan Wantrobski, technical strategist at Janney Montgomery Scott. When a stock, for example, falls below its 200-day moving average, it is seen as a potential sign of more downside pressure. Earlier this month, the index fell below the commonly watched 50-day moving average. Fairlead Strategies' Katie Stockton is closely watching a popular trend-following gauge known as the moving average convergence/divergence indicator, or MACD — which recently flipped to a sell signal after reverting to a buy in November. Pressure from yields Technical indicators may help analysts detect where the market is headed, but macroeconomic factors remain the major action drivers influencing sentiment.

Persons: Dan Wantrobski, Janney Montgomery Scott, Wantrobski, Roth MKM's JC O'Hara, Katie Stockton, Stockton, O'Hara Organizations: Nasdaq, Wall

☆ UK sees surge in interest from non-EU job hunters
▼ + stars: | 2023-08-21 | by ( David Milliken | ) www.reuters.com time to read: +3 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. EU-based job seekers accounted for 1.4% of Indeed's UK job searches in June - down slightly from before Brexit - while non-EU interest has more than doubled to 4.1% of searches. The UK government phased out most EU nationals' unrestricted right to move to Britain to work after Brexit. Canada and Australia have seen foreign-origin job searches roughly double since 2019 to 10.9% and 17.2% of total job searches for those countries respectively, according to Indeed, which claims 330 million unique visitors each month. By contrast, the figures for overseas job hunters targeting the United States and the EU were 3.4% and 2.7% respectively, both barely changed from before the pandemic, according to Indeed.

Persons: Toby Melville, Pawel, Adrjan, David Milliken, Andy Sullivan Organizations: Bank of, REUTERS, European Union, EU, Bank of England, Thomson Locations: Bank of England, London, Britain, Europe, East, Africa, Brexit, India, Nigeria, South Africa, Pakistan, Canada, Australia, United States

☆ Firefighters close to stabilising Tenerife fire as evacuees start returning home
▼ + stars: | 2023-08-21 | by ( Nacho Doce | ) www.reuters.com time to read: +2 min

[1/3] FILE PHTO: EIRIF forest firefighters work during the extinction of the forest fire in Arafo on the island of Tenerife, Canary Islands, Spain August 16, 2023. REUTERS/Borja Suarez/File Photo Acquire Licensing RightsTENERIFE, Canary Islands, Spain, Aug 21 (Reuters) - Firefighters on Monday battled to stabilise a huge wildfire that has devastated forests on the Spanish island of Tenerife for six days and forced thousands to evacuate their homes. "The worst is behind us," the Canary Islands' regional leader Fernando Clavijo said on Monday morning on Cadena SER radio station. Clavijo added the fire was almost certainly man-made and said police were investigating to identify and capture the arsonists. However, AEMET said there was a chance Tenerife would see some rainfall later on Monday.

Persons: Borja Suarez, Fernando Clavijo, Clavijo, AEMET, Nacho Doce, Inti Landauro, David Latona, Sharon Singleton Organizations: REUTERS, Rights, Cadena SER, Thomson Locations: Arafo, Tenerife, Canary Islands, Spain, Rights TENERIFE, Islands, Candelaria

☆ Wildfire spreads on Spain's Tenerife, forcing thousands from homes
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

No major tourist areas have been affected. Weather conditions overnight were "better than expected" Tenerife's fire brigade said on Sunday on X, formerly known as Twitter. Fernando Clavijo, Canary Islands' regional leader, said the largest firefighting deployment in the history of Tenerife had so-far prevented the loss of any homes. Evacuations were ordered throughout Saturday due to worsening weather conditions. Popular tourist areas on Tenerife, part of the Canaries archipelago in the Atlantic Ocean, have so far been unaffected and its two airports have been operating normally.

Persons: Fernando Clavijo, Rosa Davila, Jessica Jones, Nacho, Frances Kerry, Susan Fenton Organizations: REUTERS, Rights, Twitter, Thomson Locations: Tenerife, Canary Islands, Spain, Rights TENERIFE, Europe, Spain's La Palma, Canada, Maui, Lahaina

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