DIRS.INFO The most relevant business & tech news

☆ Column: China's shrewd grab for green energy recycling dominance
▼ + stars: | 2023-08-18 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Wind turbines and solar panels are seen at a wind and solar energy storage and transmission power station from State Grid Corporation of China, in Zhangjiakou of Hebei province, China, March 18, 2016. GLOBAL REACH WITH BACKHAUL POTENTIALChina's recyclers also have strong international supply lines thanks to the country's vast export-oriented manufacturing sector and resulting dominance in global shipping container trade. ECO-FRIENDLY ECOSYSTEMSChina's plan to develop a large scale recycling sector for the renewables industry is in keeping with the country's practice of developing interdependent ecosystems around key industries. The country aims to develop similar strongholds in auto and electronics manufacturing, and may now extend that framework to the renewables energy sector, which Beijing has identified as a key industry for the remainder of this century. For recycling firms based elsewhere that had been planning to scale up their handling of older green energy equipment, the prospect of a government-backed competitor in China may be a cause for concern.

Persons: Jason Lee, recyclers, China's, Gavin Maguire, Jamie Freed Organizations: Grid Corporation of, REUTERS, Reuters, Thomson Locations: Grid Corporation of China, Zhangjiakou, Hebei province, China, LITTLETON , Colorado, United States, Asia, Beijing

☆ China cenbank says it will keep policy 'precise, forceful' to aid recovery
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Aug 17 (Reuters) - China's central bank said on Thursday it would keep liquidity reasonably ample and keep its policy "precise and forceful" to support the country's economic recovery, amid rising headwinds. The People's Bank of China (PBOC) will "better leverage the dual functions of aggregate and structural monetary policy tools and firmly support the recovery and development of the real economy," the bank said in its second-quarter monetary policy implementation report. Markets widely expect the bank to loosen monetary policy further. China will also prevent overshooting risks of the yuan exchange rate and fend off systemic financial risks, the central bank said.

Persons: Jason Lee, Liangping Gao, Ella Cao, Kevin Yao, Toby Chopra, Hugh Lawson Organizations: People's Bank of China, REUTERS, Rights, HK, Thomson Locations: Beijing, China, Rights BEIJING

☆ A Sanitized ‘French Connection’ vs. the Hip-Hop Gutter
▼ + stars: | 2023-08-16 | by ( Jason L. Riley | ) www.wsj.com time to read: +1 min

He is also a senior fellow at the Manhattan Institute and provides television commentary for various news outlets. Mr. Riley joined the paper in 1994 as a copy reader on the national news desk in New York. He moved to the editorial page in 1995, was named a senior editorial page writer in 2000, and became a member of the Editorial Board in 2005. He joined the Manhattan Institute in 2015. Born in Buffalo, New York, Mr. Riley earned a bachelor's degree in English from the State University of New York at Buffalo.

Persons: Jason Riley, Riley, ”, “, Thomas Sowell ” Organizations: Wall Street, Mobility, Manhattan Institute, Borders, Blacks, Editorial, State University of New, USA, Buffalo News Locations: New York, Buffalo , New York, State University of New York, Buffalo

☆ Rust shooting: Charges against Alec Baldwin could be refiled as forensic report shows trigger on gun used in shooting had to be pulled
▼ + stars: | 2023-08-16 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +3 min

At the time, special prosecutors Kari Morrissey and Jason Lewis said Baldwin could still face culpability and charges could be refiled. “The charges against Alec Baldwin were dismissed without prejudice because a possible malfunction of the gun significantly affects causation with regard to Baldwin, not with regard to Gutierrez. If it is determined that the gun did not malfunction, charges against Mr. Baldwin will proceed. When reached by CNN Wednesday, Morrissey said charges against Baldwin are still being considered and a final decision had not been made. According to the report attached to Gutierrez Reed’s motion, the experts say the trigger was in fact pulled on the weapon, which Baldwin has consistently denied.

Persons: Alec Baldwin, “, Hannah Gutierrez Reed, Halyna Hutchins, Joel Souza, Baldwin, CNN’s, Kari Morrissey, Jason Lewis, Gutierrez, Morrissey Organizations: CNN, Forensic Science Services, CNN Wednesday, Science Services, FBI Locations: Arizona, Mexico

☆ China's new home prices fall for first time this year, dimming economic outlook
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +3 min

The 0.2% fall month-on-month came after June's flat reading, according to Reuters calculations based on National Bureau of Statistics (NBS) data. The decline in home prices comes amid a worsening debt crisis at major developers, sliding property investment and home sales. Among 70 cities, 49 saw a fall in new home prices month-on-month in July from 38 cities the previous month. However, most economists expect the downside trend in home sales and prices to persist for while. "Without additional major policy easing and/or fiscal support, property sales and investment may weaken further or stay at the bottom for longer than assumed in our baseline," said Wang.

Persons: Jason Lee, Goldman Sachs, Wang Tao, Wang, Qiaoyi Li, Liangping Gao, Ryan Woo, Sam Holmes Organizations: REUTERS, National Bureau of Statistics, Goldman, Asia Economics, China, UBS Investment Bank, Thomson Locations: Wangjing, China, BEIJING, Zhengzhou, Xian, Fuzhou

The online Reuters/Ipsos poll was conducted nationwide, collecting responses from 1,005 adults, including 443 Democrats and 346 Republicans. TikTok said in a statement that more than 150 million Americans, including 5 million U.S. businesses, actively use TikTok to earn a living, engage in the classroom, and find community. Efforts to give the Biden administration new powers to ban TikTok have stalled in Congress. Still, the issue could become a focus for Republicans in the 2024 U.S. presidential campaign, with some candidates backing a TikTok ban. Florida governor and presidential candidate Ron DeSantis has said he favors some form of national ban on the app.

Persons: Dado Ruvic, Christopher Wray, William Burns, TikTok, We've, Donald Trump, Ron DeSantis, Michael Martina, David Shephardson, Jason Lange, Don Durfee, Sharon Singleton, David Gregorio Our Organizations: REUTERS, Rights, Reuters, CIA, Biden, Thomson Locations: China, United States, Florida

☆ Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

A man rides his bicycle across the street under the Guomao bridge at the Central Business District in Beijing, China, October 19, 2015. Bank of China didn't immediately reply to a Reuters' request for comment. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC) (3908.HK). Two of the sources said the bank had finished implementing the plan at its headquarters in the first half of the year. A third source said the bank's Shanghai branch staff last week received notice that the bank would be reducing pay gaps there.

Persons: Jason Lee, Xi Jinping, Bank of China didn't, Ziyi Tang, Rong Ma, Ryan Woo, Hugh Lawson Organizations: Central Business District, REUTERS, Bank of China Ltd, Communist Party, Bank of, China International Capital Corp, HK, of, Central Commission, Inspection, Shanghai, Thomson Locations: Beijing, China, BEIJING, Bank of China, of China, Shanghai

Vander Plaats and his group are leaders in the state’s Christian conservative movement, which has enormous political influence in Iowa. “It’s a lot more money” than you typically see allocated in Iowa, said Steffen Schmidt, an emeritus political science professor at Iowa State University who studies political spending in the state. “We endorsed Rick Santorum and he stormed to a caucus victory due to our base of supporters,” Vander Plaats wrote. Dunwell referred a request for comment to Vander Plaats, who said Dunwell had been paid as an “independent contractor” since June. You like being around them,” Vander Plaats said on conservative podcast host Steve Deace’s show on Monday.

Persons: Ron DeSantis, Scott Morgan, Ron DeSantis scrambles, Donald Trump, DeSantis, Bob Vander Plaats, Vander, Vander Plaats, “, Steffen Schmidt, ”, Andrew Romeo, –, Mike Huckabee, Rick Santorum, Ted Cruz, ” Vander Plaats, Steve Scheffler, Scheffler, “ Vander Plaats, Paul S, Ryan, Jess Szymanski, Jon Dunwell, Dunwell, Tucker Carlson, Vivek Ramaswamy, Tim Scott, Tricia McLaughlin, Ramaswamy, Scott, Mike Pence, Marc Short, Carlson, Santorum, Karen, ” Trump, Trump, Haley, Scott —, Casey, Steve Deace’s, ” Alexandra Ulmer, Joseph Tanfani, Jason Lange, Jason Szep Organizations: Republican U.S, Florida, Fair, REUTERS, Republican, Family, Foundation, pollsters Edison Media Research, Iowa State University, Family Leader, Trump, Iowa Faith & Freedom Coalition, Reuters, Santorum, Iowa, DeSantis, ”, Fox News, Federal, Commission, Scott, PAC, Trust, Patriot Voices, Twitter, Thomson Locations: Iowa, Atlantic , Iowa, U.S, ” IOWA, Arkansas, Des Moines, New Hampshire, Nevada, Republic, San Francisco, Washington

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. Anecdotal examples of people using ChatGPT to help with their day-to-day work include drafting emails, summarising documents and doing preliminary research. Reuters was not able independently confirm how employees at Tinder were using ChatGPT. In May, Samsung Electronics banned staff globally from using ChatGPT and similar AI tools after discovering an employee had uploaded sensitive code to the platform. Reuters was not able independently to confirm whether employees at P&G were unable to use ChatGPT.

Persons: Florence Lo, ChatGPT, Ben King, King, OpenAI, Tinder, Samsung, Google's Bard, Bard, We've, TATE.L, Dawn Allen, trialing ChatGPT, It's, Paul Lewis, Lewis, Richa Naidu, Martin Coulter, Jason Lange, Alexander Smith Organizations: REUTERS, Reuters, Microsoft, Google, AIs, Samsung Electronics, Cola, Tate, Procter, Gamble, Thomson Locations: WASHINGTON, U.S, United States, Europe, Atlanta , Georgia

☆ The internet just went on a wild quest that could result in floating trains and cheap EVs
▼ + stars: | 2023-08-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

The internet went wild over claims scientists discovered a room-temperature superconductor. Here's how a room-temperature superconductor could change everything:Revolutionize the medical industryMRI machines currently depend on liquid helium coolant to keep cool enough to operate. A room-temperature superconductor would go a step further in helping create these fields under normal conditions. With room-temperature superconductors, EV makers might be able to take a closer step towards delivering cheap battery-run cars. This is where room-temperature superconductors could one day step in.

Persons: It's, gloriously, Dr Niladri Banerjee, Banerjee, Michael Fuhrer, Massoud Pedram, Eugene Hoshiko, they'd, Jason Laurea, Lawrence, Robert Knopes, Getty Images Elon, Tesla Organizations: Imperial College London, Theory, School of Physics, Monash University, University of Southern, Airport, Lawrence Livermore National Laboratory, MIT's, Science, Fusion Center, Fusion Systems, Getty Images, TechCrunch Locations: South Korea, Australia, University of Southern California, Shanghai, China, Pudong, levitating, Lawrence Livermore

☆ Australia Women's World Cup: After Barbie, the Matildas became the new heroes in cleats
▼ + stars: | 2023-08-10 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +9 min

But now, seemingly in the blink of an eye, we’re all wearing green and gold for our newest heroes, Australia’s Women’s World Cup hopefuls, the Matildas. Sam Kerr takes the ball during a FIFA World Cup 2023 round of 16 match between Australia and Denmark at Stadium Australia on August 7. “A lot of people just frankly don’t want to believe women’s sport is doing well,” Lassey told CNN. Football Australia said part of the rationale for bringing the Women’s World Cup to Australia was to use it to grow the women’s game – backed by a 357 million Australian dollar ($232 million) FIFA legacy fund. Argus says the World Cup is a turning point for women’s sport because the turnout and viewing numbers have proven that there’s an enthusiastic audience.

Persons: Barbie, Margot Robbie, Greta Gerwig, Australia’s, they’ve, Sam Kerr, Mary Fowler, Caitlin Foord, Hayley Raso, Daniela Porcelli, “, ”, Jackie Schougaard, Alfred Hotel, “ Everyone’s, It’s, Jason Lassey, –, ” Lassey, Matildas, —, “ I’m, Hannah Mckay, Bruce McAvaney, I’m, Maddie Meyer, Kevin Argus, ” Argus, we’ve, Lassey, We’re, Robbie, Gerwig, Barbie ”, ” Gerwig Organizations: Australia CNN, Neighbours, Hollywood, Chelsea, FIFA, Stadium Australia, France, Brisbane, Caxton, Footy Industry, –, AFL, Australian Football League, CNN, Denmark, Sydney, Football Australia, team, Royal Melbourne Institute of Technology, RMIT, Socceroos, ”, “, Australian Broadcasting Corporation Locations: Brisbane, Australia, Denmark, Melbourne

☆ US scientists trying to harness the power of the sun have made a 2nd major breakthrough for the future of sustainable, green energy
▼ + stars: | 2023-08-08 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Why nuclear fusion is so important for global energy needsWe see the colossal power of nuclear fusion in action every day — the sun. Meaning that unlike fossil fuels, nuclear fusion doesn't contribute to greenhouse gases in the atmosphere that are driving climate change. It was a major breakthrough and the first time a fusion experiment had ever generated an energy surplus. Why nuclear fusion beats nuclear fissionCurrent nuclear power plants use fission to make energy. While fission creates a chain reaction, nuclear fusion reactors of the future would not, avoiding the risk of a meltdown.

Persons: Energy Jennifer Granholm, Lawrence, Jason Laurea, Paul Rhien, J, Robert Oppenheimer, Arjun Makhijani, Daniel Jassby, Jassby Organizations: Service, International Energy Agency, Department of Energy, Energy, Ignition, Lawrence Livermore National Laboratory, Financial Times, Manhattan, International Atomic Energy Agency, Scientists, Institute for Energy, Environmental Research, Princeton Plasma Physics Locations: Wall, Silicon, Lawrence Livermore, That's

Logo of China Life Insurance is seen on a door at a branch in Beijing, China, March 24, 2016. REUTERS/Jason Lee/File PhotoHONG KONG, Aug 7 (Reuters) - China Life Insurance (Overseas) Hong Kong has mandated banks for its 10-year subordinated bond offering, according to a preliminary term sheet seen by Reuters on Monday. China Life did not respond to an email from Reuters seeking comment on the deal. The last time China Life tapped the bond market was in March 2019, when it issued 35 billion yuan's worth in China's interbank bond market. Reporting by Georgina Lee in Hong Kong and Scott Murdoch in Sydney; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Jason Lee, HONG KONG, Georgina Lee, Scott Murdoch, Edwina Gibbs Organizations: China Life Insurance, REUTERS, Reuters, P Global, Thomson Locations: Beijing, China, HONG, Hong Kong, Sydney

He'll lose if he doesn't ... Extremism isn't going to get you elected," Bigelow said in an interview, adding that he had communicated these concerns to DeSantis' campaign. DeSantis' campaign finances have come under scrutiny in recent weeks after his campaign said it had let go 38 employees, or over one-third of staff. Bigelow said he agreed with most of DeSantis' policies, however, and that he was "spot on" in his war on "wokeism." Bigelow said he had told DeSantis' campaign manager Generra Peck that DeSantis needed to be more moderate to have a chance. DeSantis' campaign did not respond to queries about Peck and Bigelow.

Persons: Robert Bigelow, Steve Marcus, Ron DeSantis, Bigelow, Donald Trump's, He'll, isn't, DeSantis, I'm, Bryan Griffin, BIGELOW, Douglas Leone, Andy Sabin, Tim Scott, Trump, Generra Peck, Peck, Alexandra Ulmer, Jason Lange, Ross Colvin, Rosalba O'Brien Organizations: Bigelow Aerospace, REUTERS, Reuters, Florida, Las, Trump, PAC, Federal, Commission, DeSantis, Twitter, Thomson Locations: North Las Vegas , Nevada, U.S, Florida, Las Vegas

☆ Global money market funds see largest inflows since March amid US downgrade, economic woes
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jason Lee/Illustration/File PhotoAug 4 (Reuters) - Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade and weak economic data from the euro zone and China. Investors poured in a net $67.52 billion into global money market funds during the week, marking the biggest weekly net purchase since March 22, according to Refinitiv Lipper data. The U.S. and the European money market funds drew $58.56 billion and $14.35 billion worth of inflows, respectively, while Asia faced a second weekly outflow, amounting to $360 million. Riskier global equity funds still received inflows worth about $4.45 billion in a second straight week of net purchases. Data for 24,127 emerging market funds showed that investors withdrew about $487 million from bond funds after eight straight weeks of net purchases.

Persons: Jason Lee, Fitch, Gaurav Dogra, Patturaja, Shilpi Majumdar Organizations: Hong, REUTERS, Investors, Reuters Graphics Reuters, AAA, Global, Equity, Thomson Locations: Hong Kong, China, United States, Europe, U.S, Asia, Bengaluru

Six percent of Biden's 2020 voters picked Trump. Forty-two percent of Biden's 2020 voters in the poll said the economy was "worse" than it was in 2020, compared to 33% who said it was "better" and 24% who said it was "about the same." Most of Biden's 2020 voters in the poll - 78% - said they approved of his performance as president, well above his 40% approval rating among all respondents. But a critical division exists among Biden's 2020 voters. When poll respondents were asked to describe how much Biden and his administration have invested in the U.S. economy, 35% of Biden's 2020 voters selected the option "not enough."

Persons: Joe Biden, Jonathan Ernst, Biden, Donald Trump, Chris Jackson, Jackson, Jason Lange, Andrea Shalal, Scott Malone, Conor Humphries Organizations: Auburn Manufacturing, REUTERS, U.S, Reuters, Republican, Biden, Trump, Democratic, White, Thomson Locations: U.S, Auburn , Maine, Arizona, New Mexico, Utah

The two-day Reuters/Ipsos poll, which closed before Trump's late-afternoon court appearance, asked respondents if they would vote for Trump for president next year if he were "convicted of a felony crime by a jury." Among Republicans, 45% said they would not vote for him, more than the 35% who said they would. The new poll showed that Republicans broadly sympathize with Trump's accusations of political persecution. About two-thirds of Republicans - 66% - described as "not believable" the accusation in Trump's latest indictment that he solicited election fraud. The Reuters/Ipsos poll was conducted nationwide, gathering responses online from 1,005 U.S. adults.

Persons: Donald Trump, Lindsay DeDario, Trump, Joe Biden, Ron DeSantis, DeSantis, Jason Lange, Scott Malone, Grant McCool Organizations: U.S, Republican, REUTERS, Reuters, Trump, U.S . Department of Justice, Democratic, Thomson Locations: Erie , Pennsylvania, U.S, New York, Florida

He may soon face more charges in Georgia, where a state prosecutor is investigating his attempts to overturn the election there. TRUMP STILL THE REPUBLICAN FRONT-RUNNER Trump's legal woes have done little to damage his status as Republican front-runner. The indictment describes a phone call in which Pence told Trump there was no legal basis for the theory that Pence could block certification of the election. Although Pence repeatedly told Trump he lacked the authority to reject electoral votes from certain states, Trump kept repeating the claim. On Jan. 6, as he spoke to his supporters before they attacked the Capitol, Trump said: "If Mike Pence does the right thing, we win the election."

Persons: Donald Trump, Jack Smith, Trump, Judge Moxila Upadhyaya, Joe Biden, Smith, Tanya Chutkan, Upadhyaya, Chutkan, John Lauro, Thomas Windom, Biden, Todd Blanche, Judge Moxila, Jane Rosenberg, Donald J, Fani Willis, Ron DeSantis, Mike Pence, Pence, Sarah N, Lynch, Jacqueline Thomsen, Andrew Goudsward, Luc Cohen, Jason Lange, Tim Reid, John O'Connell, Jeff Mason, Patrick McFarland, Joseph Ax, Scott Malone, Daniel Wallis, Howard Goller Organizations: U.S, U.S . Capitol, Republican, Democratic, Biden, America, Republicans, Secret, REUTERS, TRUMP STILL, Reuters, Trump, White, Justice Department, U.S . House, Capitol, Thomson Locations: Washington, Bedminster , New Jersey, Ukraine, American, United States, America, New York, Georgia, Atlanta, Florida

WASHINGTON, Aug 3 (Reuters) - Donald Trump pleaded not guilty on Thursday to federal charges that he orchestrated a plot to try to overturn his 2020 election loss in what U.S. prosecutors call an unprecedented effort by the then-president to undermine the pillars of American democracy. He previously pleaded not guilty to federal charges that he retained classified documents after leaving office and New York state charges that he falsified documents in connection with hush money payments to a porn star. Trump may soon face more charges in Georgia, where a state prosecutor is investigating his attempts to overturn the election there. The indictment describes a phone call in which Pence told Trump there was no legal basis for the theory that Pence could block certification of the election. Although Pence repeatedly told Trump he lacked the authority to reject electoral votes from certain states, Trump kept repeating the claim.

Persons: Donald Trump, Trump, Joe Biden, Jack Smith, Smith, Judge Moxila Upadhyaya, Biden, Fani Willis, Ron DeSantis, Mike Pence, Pence, Rudy Giuliani, Trump's, Sarah N, Lynch, Jacqueline Thomsen, Andrew Goudsward, Luc Cohen, Jason Lange, Tim Reid, John O'Connell, Patrick McFarland, Joseph Ax, Scott Malone, Daniel Wallis, Howard Goller Organizations: U.S, U.S . Capitol, Trump, Democratic, Biden, Social, TRUMP, Reuters, Reagan Washington National Airport, Republican, White, Justice Department, U.S . House, Capitol, Thomson Locations: Washington, New York, Georgia, Atlanta, Arlington , Virginia, U.S, Florida

The two-day Reuters/Ipsos poll asked respondents if they would vote for Trump for president next year if he were "convicted of a felony crime by a jury." The new poll showed that Republicans broadly sympathize with Trump's accusations of political persecution. Seventy-five percent of Republican respondents agreed with a statement that the charges against Trump were "politically motivated." Republican respondents also described themselves as more likely to withhold their votes on Election Day from an unnamed convicted felon than one named Donald Trump. The Reuters/Ipsos poll was conducted nationwide, gathering responses online from 1,005 U.S. adults.

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Erie, Pennsylvania, U.S., July 29, 2023. Less than two hours after news of the charges broke, Trump's campaign blasted out an email to supporters seeking donations, titled: BREAKING: PRESIDENT TRUMP INDICTED. In the week following the indictment, the campaign sent out 34 fundraising emails directly referencing the criminal charges, according to a Reuters review of campaign communications. Following the indictment, Trump's support rose to 49% in an April 21-24 survey while DeSantis slipped to 23%. He raised much less money in the days after his second indictment, according to campaign finance disclosures.

Persons: Donald Trump, Lindsay DeDario, Ron DeSantis, Trump, speechwriters Ross Worthington, Vince Haley, Haley didn't, grapples, Attorney Alvin Bragg, TRUMP, Chris Jackson, DeSantis, Bragg, DANIELS, reimbursements, Michael Cohen, Stormy Daniels, reimbursing Cohen, Daniels, Trump's, Adam Geller, Republican pollster, Geller, Nathan Layne, Karen Freifeld, Tim Reid, Jason Lange, Ross Colvin, Pravin Organizations: U.S, Republican, REUTERS, White, Conservative Political, Trump, Reuters, Worthington, Manhattan, Attorney, Republicans, Prosecutors, Manhattan District, Thomson Locations: Erie , Pennsylvania, U.S, Maryland, York, Georgia, East Palestine , Ohio, Florida, Manhattan, Miami, Bedminster , New Jersey

The logo of the company Royal Caribbean is seen on the 'Wonder of the Seas' cruise ship, the world’s largest cruise ship, docked at a port in Malaga, southern Spain, April 30, 2022. Cruise operators lowered prices to lure passengers onboard following the pandemic, banking on onboard spending that has now reached record levels. Onboard spending in the second quarter rose 49.9% for Norwegian Cruise Lines (NCLH.N), compared with the same period in 2019, before the pandemic. Onboard spending rose about 36.8% for Royal Caribbean Cruises and 17.2% for Carnival in the same period. Carnival and Royal Caribbean said the percentage of guests who were new to cruising surpassed 2019 levels.

Persons: Jon Nazca, Patrick Scholes, Josh Weinstein, Bob Levinstein, Cruise, Carnival's Weinstein, Jason Liberty, Brandt Montour, Granth, Anil D'Silva Organizations: Royal, REUTERS, Royal Caribbean Cruises, Carnival Corp, Carnival, Cruise, Norwegian Cruise Lines, DISNEY WORLD, Walt Disney, Custom Travel, Reuters Graphics, Cruise Lines International, . Carnival, Barclays, Thomson Locations: Royal Caribbean, Malaga, Spain, U.S, Caribbean, Orlando , Florida, They've, Bengaluru, Doyinsola, New York

☆ China's central bank to guide more financial resources to support private sector
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Jason Lee/File PhotoBEIJING, Aug 3 (Reuters) - China's central bank governor pledged on Thursday to guide more financial resources towards the private economy, suggesting refreshed urgency from Beijing to bolster the confidence among private firms as economic momentum weakens. During a meeting on Thursday with at least eight private firms from sectors including property, aluminium and agribusiness, the People's Bank of China (PBOC) Governor Pan Gongsheng said the bank would roll out guidelines to support private firms. Responding to some firms' requests of broadening bond financing channels, Pan said the central bank would expand debt financing tools for them. "Financial institutions should actively create a positive atmosphere to support the development and growth of private firms ... and increase willingness to lend." To revive confidence among private businesses, head of the economic planner also held several meetings with private firms last month to learn about their operation difficulties.

Persons: Pan, Jason Lee, Pan Gongsheng, Ellen Zhang, Ryan Woo, Ella Cao, Jon Boyle, Alison Williams Organizations: People's Bank of China, Congress, REUTERS, HK, China Hongqiao, Chint, Thomson Locations: Beijing China, BEIJING, Beijing, China, Hope

[1/2] Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Erie, Pennsylvania, U.S., July 29, 2023. More than a dozen Republican voters interviewed on Wednesday unanimously said the new charges would not affect their 2024 election choice. These voters seemed to accept Trump's contention that he is being targeted by Democrats because he is a political threat. "The only way I'd vote for anyone other than Trump is if Trump dropped dead before the primaries, and I don't see that happening," Silver said. The Republican voters who spoke to Reuters appeared unmoved by arguments by Trump's rivals that he likely would lose a November 2024 rematch with Biden.

Persons: Donald Trump, Lindsay DeDario, Trump, Joe Biden, Robin Bartholomew, Bruce Silver, Silver, Brian Demer, Ron DeSantis, Biden, Steven Wolverton, delegitimize Trump, Trump . Sharon Young, Young, Gram Slattery, Jasper Ward, Jason Lange, James Oliphant, Will Dunham, Colleen Jenkins Organizations: U.S, Republican, REUTERS, Democratic, Trump, New York Times, Florida, Reuters, Coca, Trump ., Newport, Thomson Locations: Erie , Pennsylvania, U.S, Van Buren County , Iowa, Myrtle Beach , South Carolina, Washington, United States, New York, Georgia, Loudoun County , Virginia, what's, Siena, St, Charles , Michigan, Trump, Newport News , Virginia

Search resuls for: "Jason L"

25 mentions found