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Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
The EU will probe whether China is unfairly denying companies access to its medical devices market
The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devicesABC News - Health - China -
How China’s Nuctech earned EU funds before being hit by EU raids
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdomFinancial Times - World - European Union -
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Yahoo News - World - China -
Paul Skenes finally starts building up workload but Pirates GM is keeping any promotion benchmarks secret
Wednesday's start was the first time Skenes had pitched into the fifth inning since he was draftedCBS Sports - Sports -
Could Stanford transfer Kiki Irianfen wind up with JuJu Watkins and build the start of a dynasty at USC?
After watching its 2024 NCAA Tournament run fall short, USC knows it must add top talent around WatkinsCBS Sports - Sports -
German far-right lawmaker whose assistant was arrested for spying for China keeps up election bid
A prominent German far-right lawmaker says he will dismiss an assistant who was arrested on suspicion of spying for China, but will remain the Alternative for Germany party’s top candidate in the upcoming European Parliament electionsABC News - World - China -
Newsom introduces bill to support Arizona abortion access
California Gov. Gavin Newsom (D) announced a new bill in the state Legislature on Wednesday that would allow Arizona abortion providers to be quickly approved for work in California, in response to Arizona implementing one of the country’s ...The Hill - Politics - Abortion -
Justices Seemed Split on Emergency Abortion Access
Also, U.S. weapons are headed to Ukraine. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Business - China -
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.The New York Times - Top stories - China -
Win over Sheffield United still casts doubts for Ten Hag's Man United
Despite the win over Sheffield United, there is still concern about what Erik ten Hag can provide at Manchester United.ESPN - Sports - Premier League -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - World - China -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - Top stories - China -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Emotions run high during Idaho abortion access Supreme Court hearing
The Supreme Court is reviewing a near-total Idaho abortion law that could dictate the type of care pregnant mothers can receive in emergency rooms. CBS News chief legal correspondent Jan Crawford breaks down the hearing.CBS News - Top stories - Abortion -
Venice Access Fee: What to Know Before Your Day Trip
Venice is trying to mitigate overtourism with a small fee on busy days. City leaders hope it will make visitors more aware of the city’s fragility.The New York Times - World -
Venice launches experiment to charge day-trippers an access fee
The move aims to combat over-tourism.ABC News - World -
Giants' Snell scratched from start, placed on IL
The Giants scratched Blake Snell from his scheduled start Wednesday and placed the two-time Cy Young Award winner on the 15-day IL with a left adductor strain.ESPN - Sports - MLB -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
There Is No TikTok in China, Only Douyin. Here’s What It Is.
ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.The New York Times - Business - Tiktok -
Blinken tackles a tough China visit. Will it help?
Blinken's trip is a sign of improved US-China ties, but it's a relationship that still crackles with tension.BBC News - Top stories - China -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Buon Ricordo Plates: Collectible Italian Ceramics That Started as a Marketing Tool
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle -
People now think old age starts at 75: Study
Story at a glance Perceptions on aging are changing with older adults now considering 75 to be the beginning of old age, according to a new study from the American Psychological Association. “Life expectancy has increased, which might contribute ...The Hill - Politics -
China's Tiangong space station damaged by debris strike: report
Yahoo News - World - China -
‘Are we joking?’: Venice residents protest as city starts charging visitors to enter
Day-trippers will have to pay €5 to visit Italian city under scheme designed to protect it from excess tourism. Authorities in Venice have been accused of transforming the famous lagoon city into a “theme park” as a long-mooted entrance fee for ...The Guardian - World -
The ambitions of China’s BYD stretch well beyond electric vehicles
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?Financial Times - Business - China -
From state contracts to a dawn raid: how Europe turned on China’s Nuctech
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - Business - China -
Europe turns on China’s Nuctech after decade of awarding security contracts
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - World - China -
Moncler Sales Beat Forecasts Amid Solid Demand in China
The Italian luxury-fashion company said revenue for the Moncler brand grew 26% in Asia.The Wall Street Journal - Business - China -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson on Wednesday called on her to resign if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Politics -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Top stories -
Biden signs foreign aid bill to provide new funding to Ukraine, Israel and Taiwan
President Biden called it "a good day for world peace" after signing the bill to provide almost $100 billion in foreign aid, most of it for Ukraine and Israel. The legislation also sets the stage for a potential ban of TikTok. NBC News' Peter ...NBC News - Politics - Joe Biden