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Hong Kong CNN —Two women have been stabbed to death in a Hong Kong mall in a frenzied – and apparently random – attack that has shocked a city where violent crime is rare. Graphic video clips circulating on social media appear to show the attacker pinning one of the women to the floor and repeatedly stabbing her. “We found multiple knife wounds on (the two women) and they were bleeding profusely,” she said. The attack has shocked a city where violent crime of any sort is relatively rare, particularly so because of the apparently random nature of the incident. The city sees only a few dozen homicides each year, compared to several hundred in New York.
Persons: Elieen Chung Lai, yee, , , , Lai, John Lee, Lee, ” Lee Organizations: Hong Kong CNN, Hollywood, Police Locations: Hong Kong, Diamond Hill, New York, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' Michael Yee expects big opportunities for A.I. in the biotech sectorMichael Yee, Jefferies equity analyst, joins 'Power Lunch' to discuss AI's potential impact on the biotech sector.
Persons: Email Jefferies, Michael Yee, Jefferies
CNN —It has been described as one of the most incredible moments in sports, brothers-in-arms at the end of a grueling triathlon race in Cozumel, Mexico. In September 2016, over what were the last 400 yards of the season, triathlete Alistair Brownlee rounded a bend to find his younger brother Jonny in considerable medical distress. Jonny Brownlee (L) is helped after crossing the line in second place during the 2016 ITU World Triathlon Championships. Alistair Brownlee celebrates on the podium after winning gold in the men's triathlon event at the London 2012 Olympic Games. Alistair Brownlee of Great Britain won another gold medal in the men's triathlon at the 2016 Rio Olympic Games.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' Michael Yee expects Amgen's Horizon Therapeutics deal will go through despite FTC blockMichael Yee, Jefferies managing director, joins 'Power Lunch' to discuss the FTC's move to block Amgen's $27.8 billion deal for Horizon Therapeutics.
On this much, at least, everyone can agree: Cleopatra was a formidable queen of ancient Egypt, the last of the Macedonian Greek dynasty founded by Alexander the Great, who went on to even greater posthumous fame as a seductress, immortalized by Shakespeare and Hollywood. Beyond that, many of the details are fuzzy — which is how one of the world’s dominant streaming services ended up in an imbroglio with modern-day Egypt recently, called out by online commenters and even the Egyptian government for casting a Black actress to play Cleopatra in the Netflix docudrama series “African Queens,” which airs on Wednesday. Soon after the show’s trailer appeared last month, Netflix was forced to disable comments as they turned into a hostile, and occasionally racist, pile on. For the show’s makers, the four episodes about Cleopatra were a chance to celebrate one of history’s most famous women as an African ruler, one they portray as Black. But for many Egyptians and historians, that portrayal is at best a misreading, and at worst a negation, of Egyptian history.
Arab nations agreed on Sunday to allow Syria to rejoin the Arab League, taking a crucial step toward ending the country’s international ostracism more than a decade after it was suspended from the group over its use of ruthless force against its own people. Now, the region is normalizing relations, increasingly convinced that Arab countries are gaining little from isolating Syria, as the United States has urged them to. Refusing to deal with Syria means ignoring the reality that its government has all but won the war, proponents of engagement argue. That leaves Syria poised for a triumphant return this month in Saudi Arabia at the Arab League’s next summit — perhaps represented by President Bashar al-Assad, the Syrian leader accused of committing war crimes against his own people over the past decade. Syria’s rehabilitation could unlock billions of dollars in reconstruction projects and other investments for its tottering economy, further propping up Mr. al-Assad.
The cafe had run afoul of Iranian law by serving women who were not covering their hair with head scarves, they said. Since then, the cafe’s management has been summoned repeatedly by the authorities and ordered to warn customers to wear their scarves. Mohammad, the owner, grudgingly did the bare minimum, putting a sign on the wall telling women to respect the hijab law. Emboldened since the women-led protests that broke out last fall, which turned into nationwide demonstrations against the Islamic Republic, growing numbers of Iranian women have started going around without head scarves and wearing Western-style clothes. In Iran, Mohammad said, forcing women to wear the hijab is a lost cause.
ASWAN, Egypt — It was the middle of the night, but the first thing Mawahib Mohammed did was make a beeline for the shower, the first she had taken in a week. As one of the thousands of Sudanese who had crossed the border to Egypt in recent weeks, she had barely slept in six days and used a bathroom only once, she said. When she got out of the shower, she still felt filthy, she said. When Ms. Mohammed, 47, returned to Sudan’s capital, Khartoum, from Dubai four years ago, she had imagined something different: Helping to build a modern, democratic society after a revolution brought down Sudan’s longtime dictator. Instead, over the last week, she and her family found themselves running pell-mell from Khartoum as it veered toward civil war.
Tunisia Arrests a Leading Opposition Figure
  + stars: | 2023-04-18 | by ( Vivian Yee | ) www.nytimes.com   time to read: +1 min
That unpopularity has made Ennahda a convenient target of Mr. Saied’s campaign against political rivals, with Mr. al-Ghannouchi the most prominent opponent to be targeted so far. Ennahda said about 100 plainclothes police officers raided and searched Mr. al-Ghannouchi’s home in the capital, Tunis, taking him and another party member to a military barracks. The authorities then raided Ennahda’s Tunis headquarters, arresting two other prominent party officials, and searched the home of Mr. al-Ghannouchi’s daughter, according to Ennahda and Tunisian prosecutors. “The Ennahda movement condemns this very dangerous development and demands the immediate release” of Mr. al-Ghannouchi, the party said in a statement posted on the leader’s Facebook page. “It also calls on all liberals to stand together in the face of these oppressive practices.”
Many other hospitals were also reported to have come under attack on Monday, the third day of fighting in Sudan. Russia has also been trying to make inroads in Sudan, and members of the Kremlin-affiliated Wagner private military company are posted there. Leaders from around the world called for a cease-fire, but it was not clear who, if anyone, was in control of Sudan, Africa’s third-largest country, by area. “Everyone is afraid,” said Ahmed Abuhurira, a 28-year-old mechanical engineer who went out to try to charge his cellphone. “The humanitarian situation in Sudan was already precarious and is now catastrophic,” he said.
Swiss bank Julius Baer makes key appointments in Southeast Asia
  + stars: | 2023-04-13 | by ( ) www.reuters.com   time to read: +1 min
SINGAPORE, April 13 (Reuters) - Zurich-based Julius Baer (BAER.S) has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday. Kevin Tay will assume Yee's previous role as group head of South East Asia, with all appointments coming into effect on Thursday, according to the statement. Prior to joining Julius Baer in 2015, he had worked with Credit Suisse, Deutsche Bank and J.P. Morgan, according to Thursday's statement. The appointments come as Julius Baer intensifies its focus on Asia, its second home market. Meanwhile, Julius Baer named Yee Kim Tan as its Singapore branch manager.
Moderna on Tuesday said it expects to see between $8 billion and $15 billion in sales from its Covid, RSV, flu and other respiratory vaccines in 2027. The biotech company said it sees a corresponding operating profit in the range of $4 billion to $9 billion. Those respiratory product estimates are supported by additional research investments of $6 billion to $8 billion "over the next few years," Moderna added. Moderna said earlier this year it expects $5 billion in mRNA Covid vaccine sales in 2023, a steep drop from the $18 billion the shot raked in last year. The Cambridge, Massachusetts-based company's Covid vaccine remains its only commercially available product.
The voluntary carbon market has a problem with bad quality carbon credits. "Headline after headline is published exposing these offsets for poor quality," Michelle You, CEO and cofounder of carbon removal platform Supercritical told Insider. The London Stock Exchange has also done this for investors - instead of getting dividends, they get carbon credits. He expects bespoke funds will phase out when the quality of carbon credits is better assured. Frontier Fund has brought widespread attention to the carbon removal space and sends critical demand signals to early carbon removal companies, Supercritical's You said.
Tom Brady Retires: The Revised Edition
  + stars: | 2023-02-01 | by ( Ben Shpigel | ) www.nytimes.com   time to read: +12 min
Tom Brady of the Tampa Bay Buccaneers is retiring from football. His seven Super Bowl titles are more than any single organization has won. He was twice foiled in the Super Bowl by the New York Giants. Brady racked up yardage but Tampa Bay fired its offensive coordinator, Byron Leftwich. Look again, though, at the piercing final play from that game: A 30-yard Rams field goal, the ball snapped from the Tampa Bay 12-yard line.
Jan 20 (Reuters) - The U.S. health regulator's rejection of accelerated approval for Eli Lilly and Co's Alzheimer's disease drug extends the market lead for rivals Eisai and Biogen's treatment by months, analysts said. "This is a modest positive for Biogen" because it delays donanemab's launch, Jefferies analyst Michael Yee said, adding that Eli Lilly could file for traditional approval by mid-2023. The setback for Lilly comes just weeks after the FDA granted Biogen Inc (BIIB.O) and Japanese drugmaker Eisai Co Ltd's (4523.T) accelerated approval for their Alzheimer's drug Leqembi. read moreAnalysts are waiting for the traditional approval of Biogen's drug and for wider health insurance coverage before they expect sales of the drug to pick up. "But if there is anything wrong with the (Eli Lilly) data set, it is easier to reject an unapproved drug than remove an approved drug from market," said Skorney.
Moderna's mRNA RSV vaccine propels stock gains
  + stars: | 2023-01-18 | by ( ) 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 EmailModerna's mRNA RSV vaccine propels stock gainsMichael Yee, managing director at Jefferies, joins 'The Exchange' to discuss what's driving Moderna's stock activity, the unique mRNA technology behind the company's RSV vaccine and portfolio opportunities in the biotech business.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' Michael Yee on Biogen as FDA could be on the verge of approving Alzheimer's drugMichael Yee, Jefferies managing director, joins 'The Exchange' to discuss biotech and the FDA's looming decision on Biogen's second Alzheimer's drug.
Jefferies' Michael Yee still likes Amgen in the biotech sector
  + stars: | 2022-12-27 | by ( ) 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 EmailJefferies' Michael Yee still likes Amgen in the biotech sectorMichael Yee, Jefferies biotech analyst, joins 'Closing Bell' to discuss biotech, which is on pace for its worst year since 2016.
Moderna shifts focus to developing cancer vaccinations
  + stars: | 2022-12-19 | by ( ) 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 EmailModerna shifts focus to developing cancer vaccinationsMichael Yee of Jefferies joins 'Closing Bell' to discuss Moderna's shift away from Covid-focused pharmaceuticals toward PCV cancer vaccination, the market size for personalized cancer vaccines and the Moderna-Merck partnership.
Moderna has a game-changing drug pipeline for 2023, according to Jefferies. Analyst Michael Yee upgraded Moderna to buy from hold, saying a promising new cancer vaccine from the pharmaceutical company has renewed interest in the stock. The Covid vaccine story is old and numbers came way down already and most investors don't care much on this anymore. New story is now PCV cancer vaccine opportunity, Phase III RSV data coming up, doublet and triplet virus vaccines in 2023," Yee wrote in a Monday note. "We see stock rebounding back up in 2023, a return of pipeline opportunities and a 'story stock' as generalist and HC interest revisits the stock," Yee added.
Watch CNBC's full interview with Jefferies' Michael Yee
  + stars: | 2022-11-22 | 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 EmailWatch CNBC's full interview with Jefferies' Michael YeeMichael Yee, Jefferies managing director, joins 'Power Lunch' to discuss what's behind the general move higher in biotech stocks, why biotech stocks were under-owned not long ago and whether it's too late to 'nibble' on stocks in the sector.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe still think there's more room for biotech to go higher, says Jefferies' YeeMichael Yee, Jefferies managing director, joins 'Power Lunch' to discuss what's behind the general move higher in biotech stocks, why biotech stocks were under-owned not long ago and if it's too late to 'nibble' on stocks in the sector.
Don’t dump on U.S. coal plan. Make it better!
  + stars: | 2022-11-11 | by ( Hugo Dixon | ) www.reuters.com   time to read: +4 min
SHARM EL-SHEIKH, Egypt, Nov 11 (Reuters Breakingviews) - Sceptics fear an American plan to use voluntary carbon markets to accelerate the energy transition in poor countries could amount to greenwashing. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. This “jurisdictional” approach is designed to prevent new coal plants springing up where old ones have been closed. Why not hitch itself to the high standards already being developed by the Voluntary Carbon Markets Integrity Initiative? Another concern is that the ETA is planning to use cash not just to close coal plants but also to ramp up renewable energy.
Temasek shifts president, CFO in management shuffle
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: 1 min
Oct 26 (Reuters) - Singapore's Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as chief executive officer at its fund management firm 65 Equity Partners. In a slew of management changes announced by the investment giant, Leong Wai Leng will step down as the chief financial officer after 16 years to lead the Singapore market team as president. The company's deputy CFO Png Chin Yee will replace Leng from Jan. 1, 2023, it said in a statement. It has in recent days seen stock markets tumble in the face of higher interest rates and inflation. Reporting by Savyata Mishra in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
A McKinsey report found that women leaders were leaving their companies in unprecedented numbers. In particular, companies need to prioritize flexible work, invest in career development, and foster diversity, equity, and inclusion, they said. Lareina Yee, McKinsey’s senior partner"Employers need to level the playing field for all workers," Thomas said. Employers also need to invest in professional-development programs for younger women — especially women of color. He said too many employers relied on their women leaders to foster inclusion and support employee well-being without acknowledgement.
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