Posts by Jane Asher:

Sweetgreen stock plummets after salad chain cuts forecast, announces layoffs

A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged about 20% in extended trading Tuesday after the salad chain lowered its 2022 forecast. The restaurant company also said it laid off 5% of its support center […]

Albuquerque police arrest ‘suspect’ in killing of US Muslim men | Islamophobia News

The slaying of four Muslim men in New Mexico had sparked fear among Muslim-American communities across the country. The Albuquerque Police Department has said it detained a “primary suspect” in the recent murder of four Muslim men in the US state of New Mexico. The police announced the arrest on Twitter on Tuesday after the […]

India Noncommittal on the Partnership for Global Infrastructure and Investment – The Diplomat

Advertisement The G-7 countries that met a month ago for the Leaders’ Summit in Germany formally launched the Partnership for Global Infrastructure and Investment (PGII). The PGII is an infrastructure initiative to fund connectivity projects in developing countries and is seen as a counter to China’s Belt and Road Initiative (BRI). U.S. President Joe Biden […]

New Laws in Sierra Leone Reshape Environmental Battleground

DAKAR, Senegal — It is a struggle that communities across the world have faced: stopping companies from grabbing their lands, polluting their environment and forcing them to relocate. When a major investor sees an opportunity to profit from a mine or large-scale agriculture, long-established ways of life, and even land ownership rights, often prove to […]

Micron to invest $40 billion in U.S. chip manufacturing

Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Micron announced Tuesday it will invest $40 billion between now and 2030 to manufacture chips in the U.S. The investment is supported by grants and credits from the CHIPS and Science Act, which President Joe Biden will sign on Tuesday. Micron said it will create up to […]

Why Does Indonesia’s Bank Jago Have Such a High Valuation? – The Diplomat

Pacific Money | Economy | Southeast Asia The strong track record of the bank’s leadership, and the broader optimism about the future of digital banking in Indonesia, have combined to raise investors’ expectations. Advertisement Bank Jago is an Indonesian bank that primarily offers digital banking services. It is also one of Indonesia’s most valuable publicly traded companies, with a […]

Photos: Famed Japanese fashion designer Issey Miyake dies aged 84 | In Pictures News

Issey Miyake, who built one of Japan’s biggest fashion brands and was known for his boldly sculpted, signature pleated pieces, has died. He was 84. Miyake died on August 5, 2022, of cancer, Japanese media reports said on Tuesday. Miyake defined an era in Japan’s modern history, reaching stardom in the 1970s among a generation […]

Market outlook ‘too volatile’ to chase stock, bond rallies, asset manager says

Investors should eschew chasing recent rallies in stocks and bonds given the current economic uncertainty, according to the chief investment officer of Swiss asset manager Prime Partners. Francois Savary said it was hugely difficult to have clear economic visibility due to the particulars of the current investment cycle, such as the Covid-19 recovery and the […]

Corrections: Aug. 9, 2022 – The New York Times

INTERNATIONAL An article on Sunday about safety fears over fighting around a nuclear power plant in southern Ukraine misspelled the name of the Ukrainian state nuclear company. It is Energoatom, not Enerhoatam. NATIONAL An article on Friday about the arrest of former Puerto Rico Governor Wanda Vázquez for corruption charges misattributed this quotation: “Not even […]

Fed help isn’t coming | Financial Times

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. It’s Katie here again, taking my turn to fill in for Rob while he’s sipping piña coladas in his favourite Birkenstocks. Last week I said readers could say hi […]

What’s in Biden’s Inflation Reduction Act climate bill?

Last year, it seemed that President Joe Biden’s policy agenda would never come to pass after his multi trillion-dollar Build Back Better package failed to make it through Congress. His original plan included sweeping provisions targeting climate change, healthcare expansion, and tax reform. With opposition from two centrist Democrats in an evenly divided Senate, the […]

Boeing gets green light to start delivery of 787 Dreamliner | Business and Economy News

American Airlines will be the first to take possession which could be as early as Wednesday. The United States government has approved the delivery of the first Boeing 787 Dreamliner — nearly two years after production defects drew scrutiny and halted deliveries — clearing the way for American Airlines to take possession, the Reuters news […]

China’s Low-Growth Zero-COVID Policy Signals Transition Away From Reform Period – The Diplomat

Advertisement If it wasn’t clear before COVID-19 hit, it is now apparent that Xi Jinping, China’s top leader, does not prize economic growth above social and political factors. In fact, growth appears to be further down on China’s agenda than it has been in several decades. We can conclude this since China is still following […]

Is Japan open to travelers? It’s where Singaporeans want to travel

Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Singaporeans aged 16 to 24 years old indicated they are considering Japan for their “next vacation,” compared to 37% of those aged 55 […]

Ukraine Disowns Viktor Petrenko, Who Skated in Russia

As Russia began its invasion of Ukraine in February, Viktor Petrenko, one of Ukraine’s most visible Olympic champions, posted the message “NO WAR” to his Instagram account. Days later, Petrenko’s daughter said her father had been stranded in Kyiv, Ukraine’s capital, where he was taking shelter after returning from a commemoration of his 1992 Olympic […]

Trump says FBI conducting search of Mar-a-Lago estate

Former President Donald Trump said in a lengthy statement Monday that the FBI was conducting a search of his Mar-a-Lago estate. The circumstances were not immediately clear. Spokespeople for the FBI and the Justice Department did not return messages seeking comment Monday evening. “After working and cooperating with the relevant Government agencies, this unannounced raid […]

Impacts on China and India – The Diplomat

Advertisement The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Dr. Craig Kennedy — historian and energy commentator at the Davis Center of Russian and Eurasian Studies at Harvard University, former international finance executive at Morgan […]

Russia suspends inspections of strategic arms under US treaty | Russia-Ukraine war News

Russia says it’s halting inspections under the New START treaty, but it remains committed to all provisions of the treaty. Russia said it was suspending United States on-site inspections under a strategic arms control treaty with Washington, pointing to Western sanctions and coronavirus infections, adding that Moscow remains committed to all provisions of the treaty. […]

Rumors Spread Quickly in Wartime Ukraine

They lived in an abandoned house in a forest next to a small village. They survived on mushrooms and berries. And it took months after the Russian Army retreated for the Ukrainian police to finally capture them. Or so the story went. At least four Ukrainian news media outlets and countless people on social media […]

Will Reform of Nepal’s Civil Aviation Authority Ever Take Off? – The Diplomat

Relatives of passengers of the Tara Air turboprop Twin Otter plane that went missing wail outside the airport in Pokhara, Nepal, May 29, 2022. Credit: AP Photo/Yunish Gurung Advertisement On August 3, the U.N. aviation watchdog, the International Civil Aviation Organization (ICAO), formally asked the Nepali government to split the Civil Aviation Authority of Nepal […]

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