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(Bloomberg) — FTSE Russell has downgraded Pakistan to a frontier market from a secondary emerging market status, a move that could hit the country’s stock market and trigger millions of dollars in capital outflows.Most read articles on BloombergThe South Asian country’s market did not meet the minimum number of securities requirement to maintain its current status, the index creator said in a statement on Wednesday, adding that the decision will take effect from September 23.The development did little to dim optimism for South Korean shares, which have risen more than 30 percent this year with help from the International Monetary…
UK election update: Labour candidate Keir Starmer (left) and Chancellor Rishi SunakUK Election Live Updates: Voting in the UK takes place today, with polling stations open from 7 am to 10 pm (0600-2100 GMT). Exit polls at 10 pm will provide the first indication of the results, but full results are due to be published early on Friday. Opinion polls for this year’s UK election suggest that the centre-left Labour Party is set to win a historic victory in Thursday’s election, which would end 14 years of Conservative rule and potentially see Starmer take over as Prime Minister at 10…
Spoilers ahead. You might want to try solving today’s puzzle before reading on! USA Todayconstructor: Jared GoodmittEditor: Jared GoodmittWhat I learned from today’s puzzleBarbara Ess (36A: Photographer of “I Am Not This Body”) Photographer Barbara Ess (1944-2021) was known for her large-scale works shot with a pinhole camera. Her collection of works, I am not this body: Barbara Ess’s pinhole photographywas published in 2001. Barbara Ess has said that she was drawn to pinhole photography because “my brain works better when my means are limited.”Ethel (10D: Ennis, Jazz Musician) Ethel Ennis (1932-2019) was known in her hometown of Baltimore, Maryland…
“I like the combination of creativity and the creative process with organization. … [+] “We will make this business successful all over the world,” said LVMH Chairman and CEO Bernard Arnault. (Photo: GEOFFROY VAN DER HASSELT/AFP via Getty Images)AFP via Getty Images It’s not enough to have talented designers, your management team needs to be inspired too. LVMH founder and CEO Bernard Arnault has brought great management to the luxury industry over the past four decades. In 1984, he bought the retail conglomerate that included fashion house Christian Dior, and now oversees the LVMH empire that encompasses 75 iconic brands…
Image caption, Fans of shows like “House of the Dragon” want the exquisite jewelry for themselves.Article informationauthor, Frankie McCamleyrole, BBC London3 hours agoBinge-worthy TV shows and Hollywood movies are adding extra sparkle to the storefronts of London’s independent jewellery stores.Fans of shows like “House of the Dragon,” “True Blood” and “Damsels” want replicas of the jewelry worn by their favorite characters.Some designers have benefited greatly from having their unique work featured on the big screen.The increase in sales and commissions was a welcome one after what one designer described as a “tough” few years.Image caption, Jewelry designer Jessica de Lotz…
Sergey Guneev/Sputnik/Reuters Russian President Vladimir Putin and Chinese President Xi Jinping attend bilateral talks on the sidelines of the Shanghai Cooperation Organization summit in Astana, Kazakhstan, on July 3, 2024. Hong Kong CNN — Russian President Vladimir Putin and his Chinese counterpart Xi Jinping met on Wednesday at a meeting of the Eurasian Security Zone, which the two leaders are promoting as a counterweight to Western powers, and hailed their nations’ growing cooperation. In opening remarks ahead of a bilateral meeting with Xi on the sidelines of the annual summit of the Shanghai Cooperation Organisation (SCO) in Kazakhstan, Putin said…
“Artificial intelligence is the common property of mankind,” he said. “The Chinese people have always believed that true development means all developing together.”The three-day World Artificial Intelligence Conference is taking place in Shanghai. Photo: XinhuaLi’s call came just days after the UN General Assembly. Adopted a resolution proposed by China It calls on the international community to ensure that developing countries have an equal opportunity to benefit from AI, and calls for a “free, open, inclusive and non-discriminatory” business environment for AI development.The non-binding resolution, co-sponsored by more than 140 countries including the United States, also called for international cooperation…
TIANJIN, CHINA – JUNE 20: The humanoid robot “Xiaoqi” is displayed at the 2024 World Intelligence Expo at the National Convention and Exhibition Center in Tianjin, China on June 20, 2024. (Photo by VCG/VCG via Getty Images)Vcg | Visual China Group | Getty ImagesChina is leading the world in the race to patent generative artificial intelligence, filing more than 38,000 patents between 2014 and 2023, according to a new United Nations report released on Thursday.That’s six times the number of applications filed by U.S.-based inventors, according to the United Nations World Intellectual Property Organization.Generative AI is a type of artificial…
Down icon An icon in the shape of a downward angle. President Joe Biden speaks to reporters at the White House in Washington, DC, on July 1, 2024, following the Supreme Court’s ruling on charges brought against former President Donald Trump for trying to overturn the 2020 election. Andrew Harnick/Getty Images As President Joe Biden faces calls for him to step down, his chief of staff is trying to rally his team together.During an all-staff conference call on Wednesday, he asked staff to block out noise and focus on their work.Biden, meanwhile, has been busy solidifying support for his campaign…
New Delhi: The 2024 UK election has narrowed down to a close race between incumbent Chancellor Rishi Sunak and Labour’s Keir Starmer, but there are other big-name candidates who could have an impact on this year’s UK polls.The leading candidates for the 2024 UK election are:1. Rishi Sunak:The Indian-origin British Prime Minister has one of the lowest approval ratings at 44. His Conservative party will now face off against Keir Starmer’s Labour. Mr Sunak has failed to deliver on campaign promises such as reducing medical waiting lists and stopping illegal immigration, but immigration is one of the key issues influencing…