These are JPMorgan’s top stocks for October
October 3, 2023
JPMorgan shares its top stocks list for October, including three new additions. One stock has rallied more than 155% this year but still has 25% upside.
International
Wharton’s Jeremy Siegel says the U.S. economy is ‘cooking’
October 3, 2023
Jeremy Seigel says higher bond yields have been pressuring the equities market while the economy remains strong.
British Finance Minister Jeremy Hunt rules out short-term tax cuts
October 3, 2023
U.K. Finance Minister Jeremy Hunt on Monday ruled out tax cuts in the short-term, arguing that to reduce them now would be inflationary.
Billionaire Bernard Arnault hits back at ‘absurd’ and ‘senseless’ money laundering allegations
October 3, 2023
Billionaire LVMH CEO Bernard Arnault has hit back at "absurd and unfounded" allegations of money laundering.
Kyiv reacts to U.S. halting aid amid funding crisis; Ukraine ally sees pro-Russia populist win vote
October 2, 2023
There were more signs of vulnerability in Ukraine's relationships with its international partners over the weekend.
Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
October 2, 2023
Pershing Square's Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of aggressive rate hikes.
Bank of Japan hikes bond buying as benchmark yields hit decade peak
October 2, 2023
Hawkish comments contained in the minutes of BOJ's September meeting released Monday reignited expectations it's slowly laying the groundwork to end negative interest rates.
Money managers are shifting their attitude to ESG as ‘realism’ sets in, says S&P’s Dan Yergin
October 2, 2023
"If you're in a money management business, you do need returns," said S&P Global's Vice Chairman Dan Yergin.
Arbitrary detention still widespread in Mexico, rights expert warns
October 2, 2023
Mexico has made significant progress in combatting arbitrary detention in recent years, but the battle to end the practice is far from over the Human Rights Council-appointed independent panel working on the issue said on Monday.
UN Karabakh mission told ‘sudden’ exodus means as few as 50 ethnic Armenians may remain
October 2, 2023
As few as 50 to 1,000 ethnic Armenians are reported to be left in the Karabakh region of Azerbaijan after the exodus of recent days saw more than 100,000 flee, the first UN mission to the region in 30 years reported on Monday.
World Habitat Day focuses on cities as drivers of growth
October 2, 2023
Priming cities to become drivers of economic growth and recovery in the aftermath of crises such as conflict and the COVID-19 pandemic is the focus of World Habitat Day, observed on Monday.
WHO approves second malaria vaccine for children
October 2, 2023
The World Health Organization (WHO) on Monday recommended a new anti-malaria vaccine for children, a move that could offer countries a cheaper and more readily available option than the world’s first shot against the parasitic disease.
New agreement promotes drug-free sport, supports public health
October 2, 2023
The UN health agency, WHO, and the World Anti-Doping Agency (WADA) have boosted their support for drug-free sport through a four-year agreement signed on Monday in Geneva.
World News in Brief: ‘Competing’ efforts to rebuild Derna, Myanmar mines threat, schools shut in Burkina Faso
October 2, 2023
The head of the UN mission in Libya (UNSMIL) has hit out against ‘unilateral and competing initiatives’ being proposed by authorities in the divided country to rebuild the shattered city of Derna, and other flood-affected areas.
Security Council authorizes ‘historic’ support mission in Haiti
October 2, 2023
In what is being hailed as an historic first, the UN Security Council on Monday authorized the deployment of an international security force to help Haiti’s national police quell surging gang violence and restore security across the strife-torn Caribbe...
INTERVIEW: How new mission could support gang-ravaged Haiti
October 2, 2023
Criminal gangs have displaced thousands of Haitians, wreaking havoc across the Caribbean nation, and prompting calls for urgent help from President Ariel Henry.
We’re better off thanks to migrants, says new IOM chief
October 2, 2023
With people on the move globally at “unprecedented” levels, the UN’s new migration agency chief insisted on Monday that rather than being a problem, host countries should recognize that migrants are what their economies most need to thrive.
Germany’s Birkenstock targets $9.2 billion valuation in New York IPO
October 2, 2023
Birkenstock, the German premium footwear brand, said on Monday it was seeking to raise up to $1.58 billion in its initial public offering in New York.
Nobel in medicine goes to 2 scientists whose work enabled creation of mRNA vaccines against Covid
October 2, 2023
Two scientists won the Nobel Prize in medicine on Monday for discoveries that enabled the development of mRNA vaccines against COVID-19.
Indonesia launches China-backed ‘Whoosh’ high-speed railway
October 2, 2023
Indonesian President Joko Widodo on Monday inaugurated a $7.3 billion high-speed railway connecting the country's capital Jakarta with the city of Bandung.
Veteran investor David Roche has a contrarian call on grain prices, says prices will soar
October 2, 2023
Grain prices have been in freefall of late as investors bet on a resurgence of supply from the U.S., Russia and Ukraine, but veteran strategist David Roche is not convinced.
China’s demand for oil and copper is ‘booming,’ says Goldman Sachs
October 2, 2023
China's demand for major commodities like oil, copper and iron ore has been growing at "robust rates," Goldman Sachs said.
India’s elderly population will double and overtake the number of children by 2050
October 2, 2023
India's elderly population is predicted to double by 2050 and overtake the number of children in the country, according to the United Nations Population Fund.
Is the party over? New data suggests revenge travel may be ending soon
October 2, 2023
After enduring years of inflation and rising travel prices, travelers may be finally cracking under the economic pressure, new reports suggest.
China’s big ‘Golden Week’ is here. Three hot destinations for spending — and a stock with 95% upside
October 2, 2023
Three surveys of consumers in China reveal where they plan to spend during one of the biggest holidays since the country ended its Covid-19 controls.
Parents who raise kids with high emotional intelligence never use these 3 phrases: Harvard neuroscience expert
October 1, 2023
As parents, we all want to raise emotionally intelligent kids. Neuropsychologist Dr. Julia DiGangi reveals three phrases you should never say to your kids.
Rage-Poking and Wet Fingers: Why Some Gadgets Need More Buttons
October 1, 2023
In certain cases, screens can be cumbersome or even dangerous.
Protecting older persons’ rights benefit everyone: UN chief
October 1, 2023
Protecting the dignity and human rights of older persons, and addressing the challenges they face in society will ultimately benefit all of humanity, UN Secretary-General António Guterres has said.
How Costa Rica drafted Latin America’s first ever anti-hate strategy
October 1, 2023
For Faustina Torres, from the Bribri indigenous community in Costa Rica, feeling invisible to others is a stinging form of discrimination she has fought against since childhood.
UN teams support burn victims amidst Karabakh crisis
October 1, 2023
UN World Health Organization (WHO) teams in Goris, Armenia, are tirelessly working to assist not only the vast numbers of refugees fleeing the Karabakh region but also to provide urgent medical support to individuals grappling with severe burn injuries...
‘Magnificent diversity’ of humanity is a treasure, not a threat, Guterres says
October 1, 2023
Commemorating Monday’s International Day of Non-Violence, Secretary-General António Guterres urged all nations to “unite around our common humanity” to achieve a more peaceful future.
Tackling fake news in Kenya: A UN Resident Coordinator blog
October 1, 2023
Facing down a tidal wave of disinformation ahead of Kenya’s presidential elections in 2022, the Government and the UN collaborated on a national anti-hate speech plan and an innovative consortium of influencers to calm the waters before voters cast the...
Bill Ackman Tweets a Lot of Big Ideas. His Biggest Might Be Combining With Twitter Itself.
October 1, 2023
The prolific social-media user says he would consider a deal with Elon Musk’s company, now known as X, for his new vehicle.
Arrest made in Brampton ATM robbery investigation
October 1, 2023
Peel police said the accused attended several financial institutions in Brampton where he robbed victims while they were at an ATM.
B.C. inspection station quarantines Ontario boat after invasive mussels found
October 1, 2023
The Conservation Officer Service says its inspectors ensured that a watercraft fouled with invasive mussels never made into B.C. waterways.
Advance voting in Manitoba election ends Saturday evening
October 1, 2023
Voters have until 8 p.m. at any polling location to cast a ballot and need a valid piece of government-issued ID with a current address.
Youth struck in multiple vehicle collision in Mississauga
October 1, 2023
Peel police were called to the area of Britannia Road and Millcreek Drive around 12:20 p.m. for reports of a collision involving two vehicles and a pedestrian.
Government shutdown live updates: House passes 45-day measure to keep government open; bill heads to Senate
October 1, 2023
The U.S. govenment faces a shutdown if Congress is unable to pass a short-term funding bill. Conservative Republicans have been the stumbling block to a deal.