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Recent data is causing concerns that US companies may soon resort to layoffs after avoiding them during the pandemic. Businesses have been pulling back on hiring, reducing job openings, and cutting hours instead of laying off workers. However, the labor market is showing signs of slowing down, with a slowdown in hiring, an increase in joblessness, and a rise in part-time employment for economic reasons. The Federal Reserve is aware of the delicate state of the jobs market and is focused on avoiding a surge in unemployment. Some argue that the central bank should have already taken steps to support the jobs market, and investors and economists worry about the thin line between the current jobs market and a significant deterioration. [Extracted from the article]

Turkey has blocked access to the online gaming platform Roblox due to concerns about content that could potentially lead to child abuse. The decision was made based on a law regulating internet broadcasting, according to Justice Minister Yilmaz Tunc. The move is in line with the country's commitment to protecting children and preventing the negative use of technology. This ban comes after a similar action was taken against Instagram for alleged censorship of posts related to the death of Hamas political chief Ismail Haniyeh. [Extracted from the article]

Congress MP Manish Tewari has given notice of an adjournment motion in the Lok Sabha to discuss the situation in Bangladesh and its implications for India. Tewari expressed concern over the recent events in Bangladesh, including the resignation of Prime Minister Sheikh Hasina and the violent protests. He urged the government to address the potential security, economic, and diplomatic repercussions of the situation. In response to the worsening situation, Foreign Minister S. Jaishankar chaired an all-party meeting to discuss the fall of the Sheikh Hasina government and the Army's takeover. [Extracted from the article]

Congress leader Harak Singh Rawat criticized the ruling BJP in Uttarakhand for their handling of rescue operations following a cloudburst in Rudraprayag. Rawat expressed disappointment that no lessons were learned from the 2013 Kedarnath tragedy and highlighted the lack of management and poor arrangements in the rescue operations. He also addressed the ongoing controversy regarding gold in Kedarnath Dham and discussed India's relationship with China, stating that the army lacked training for high altitude fights. [Extracted from the article]

Mars Inc., a US confectionery company, is reportedly considering the acquisition of snack-maker Kellanova, which was spun off from Kellogg Co. last year. This potential deal could be one of the largest in the consumer industry this year. The acquisition would give Mars brands such as Pringles, Cheez-It, and Pop-Tarts, helping them combat declining volumes and a weakening consumer market. Kellanova's popular snacks are seen as a good fit for Mars' brands and could help them expand in international markets. No final decisions have been made, and representatives for both companies have not commented on the matter. [Extracted from the article]

Mars Inc., a US confectionary company, is reportedly considering acquiring snack-maker Kellanova, which could be one of the largest deals in the consumer industry this year. No final decisions have been made, and representatives for Mars and Kellanova have not commented on the matter. Kellanova, which was spun off from Kellogg Co. last year, owns brands such as Pringles, Cheez-It, and Pop-Tarts. Mars is known for brands like Snickers, M&M'S, and Skittles, as well as petcare brands. [Extracted from the article]

Consolidated Chassis Management (CCM) is expanding its South Atlantic Chassis Pool (SACP 3.0) offerings in Atlanta to meet the specific needs of the market. CCM's SACP 3.0 provides an extensive and reliable fleet, along with a new full-service depot and extended gate hours and Saturday availability at strategic locations. These enhancements aim to optimize operational efficiencies in Atlanta's 24/7 supply chain. CCM's investment in the South Atlantic region, with its upgraded fleet of 45,000 chassis, addresses the increasing demand for efficient and flexible supply chain solutions. [Extracted from the article]

Bistra is a new Australian bistro located in Carlton that offers a chic and casual dining experience. The menu, created by chef Alex Nishizawa, features a variety of dishes that blend European and Asian cooking styles and ingredients. The restaurant caters to both individuals who prefer their own plate of food and those who enjoy sharing with friends. The dining room is tastefully decorated with a nod to classic bistros and a touch of boho Carlton. Bistra also offers an extensive wine list that includes both Old and New World options. Overall, Bistra provides a fresh and exciting dining experience, although the extensive menu may make decision-making challenging. [Extracted from the article]

Gibney is a grand waterside brasserie located in Perth's affluent Cottesloe neighborhood. The restaurant aims to be a landmark destination, offering old-world glamour and an address in one of Perth's most famous beachside suburbs. The menu features old-fashioned values and includes seafood as a strength, with dishes like gochujang-infused oysters Kilpatrick and cured kingfish with sea succulents. Gibney is designed for special occasion splurges, with a menu that includes caviar and large-format steaks, and a wine list curated by wine director Nina Throsby. [Extracted from the article]

This article from the Nonprofit Communications Report suggests five no- or low-cost ideas to boost employee morale during periods of turmoil. The first idea is to announce a "late Monday" where non-salaried employees start work an hour later but still get paid for the time. Another idea is to organize a community service day where employees are paid to take a day off and participate in a team volunteer effort. The article also recommends setting aside time to talk about individual accomplishments as a group and hosting a mystery outing for interested employees. Lastly, the article suggests negotiating with a local fitness center to provide a free three-month membership as a way to boost morale. [Extracted from the article]

Byju's, an edtech firm in India, is in talks to settle its unpaid fees to the Board of Control for Cricket in India (BCCI) in order to avoid insolvency. Byju's has already transferred 500 million rupees ($6 million) to the BCCI, and both parties are engaged in settlement talks. Byju's has been facing financial challenges and legal problems, including bankruptcy cases, after experiencing a decline in business due to the Covid-19 pandemic. The firm was once valued at $22 billion and saw significant growth during the pandemic, but has since struggled to maintain its financial stability. [Extracted from the article]

Warren Buffett's company, Berkshire Hathaway, has sold over $3 billion worth of shares in Bank of America this month, reducing its stake by 6.9%. Despite the sales, Berkshire still holds nearly 962 million shares in the bank, valued at $39.5 billion. Buffett initially invested $5 billion in Bank of America in 2011, which helped restore confidence in the bank during a difficult period. The recent sales mark Buffett's largest reduction in this investment, which had been seen as a vote of confidence in Bank of America's CEO, Brian Moynihan. [Extracted from the article]

Silver Lake Management is joining a consortium, which includes IFM Investors Pty and DigitalBridge Group Inc., in the bidding for Australian data center operator AirTrunk. The consortium also includes Global Infrastructure Partners. AirTrunk's owners, including Macquarie Group Ltd.'s asset management arm and PSP Investments, may seek a valuation of about A$20 billion ($13 billion) in the potential sale. Blackstone Inc. has also expressed interest in the asset. AirTrunk operates data centers in Australia, Singapore, Hong Kong, Japan, and Malaysia. [Extracted from the article]

Nineteen banks have joined forces to provide a $1.14 billion loan to fund the acquisition of video game services firm Keywords Studios Plc by EQT AB. This large number of lenders highlights the intense competition among banks for mandates in Asia. The loan is split into a $918 million term piece and a $225 million revolving credit facility. The Asian loan market has seen a decline in activity due to high dollar interest rates and a challenging economic environment. Dollar loan volume in Asia, excluding Japan, has fallen to its lowest level since 2010. The loan is expected to have an interest margin of 400 basis points over the Secured Overnight Financing Rate, with fees as high as 300 basis points. [Extracted from the article]

Warren Buffett's Berkshire Hathaway has sold over $3 billion worth of Bank of America shares this month, reducing its stake in the bank by 6.9%. Despite the sales, Berkshire still holds nearly 962 million shares, valued at $39.5 billion. This marks Buffett's largest pullback from his long-standing investment in Bank of America, which he initially made in 2011 during a difficult period for the bank. Buffett has expressed confidence in Bank of America CEO Brian Moynihan in the past, but representatives for both Berkshire and the bank have not commented on the recent sales. [Extracted from the article]

Banco Master, a Brazilian bank, has leased the last available office space in the 830 Brickell skyscraper in Miami, which has become a symbol of the city's growing financial sector. The bank is paying a record-breaking rate of approximately $190 per square foot, comparable to Manhattan's most expensive office spaces. The tower, developed by Cain International and OKO Group, has attracted high-profile tenants such as Citadel, Thoma Bravo, and Microsoft Corp. The success of the building in attracting tenants reflects Miami's rapid transformation into a financial and tech hub. [Extracted from the article]

RTX Corp., formerly known as Raytheon, has set aside $959 million to settle a criminal investigation with the US government. The investigation involves pricing for missile and defense services, as well as a separate corruption probe. The company expects to enter into a three-year deferred-prosecution agreement with the Justice Department, which will include oversight by a corporate monitor. The Justice Department began investigating Raytheon in October 2020 for pricing claims made between 2011 and 2013, as well as possible improper payments involving contracts with certain Middle East countries. [Extracted from the article]

Brazilian power company Equatorial Energia SA is considering a share offering of up to 2.5 billion reais ($450 million) to finance the acquisition of a 15% stake in water utility Sabesp. Equatorial recently purchased the stake for 6.9 billion reais and plans to use the proceeds from the share sale to pay down a bridge loan used for the purchase. The company is also considering a bond sale with a longer maturity. Equatorial's largest shareholders, including Opportunity Asset Administradora de Recursos, Capital World Investors, Squadra Investimentos, Canadian Pension Plan Investment Board, and Blackrock Inc., may anchor the share offering. The state of São Paulo recently raised 14.77 billion reais from the sale of 32% of Sabesp, with Equatorial purchasing 15% and individual investors purchasing the remainder. Sabesp shares rose 1.9% following the announcement. [Extracted from the article]

South Korean authorities have issued an arrest warrant for Brian Kim, the founder of Kakao Corp., over allegations of violating capital market laws. Kim is accused of being involved in a stock-rigging scheme during the takeover of SM Entertainment Co. in 2023. Kakao and its executives have denied the allegations. This is a significant development for Kim, who rose from poverty to become a self-made billionaire and build Korea's leading internet firm. The arrest comes amid regulatory scrutiny and criticism of Kakao's rapid expansion. [Extracted from the article]

Porsche AG is considering increasing its involvement in the restructuring of battery producer Varta AG. The luxury carmaker is looking to not only participate in Varta's e-mobility battery unit but also acquire a minority stake in the entire group. Varta is currently evaluating two proposals for financial restructuring, one of which involves €100 million of fresh funds and would result in existing shareholders being wiped out. Porsche's potential wider role in Varta was first reported by Germany's Frankfurter Allgemeine Zeitung. [Extracted from the article]

Warner Bros Discovery Inc. is considering various options to increase its share price, including splitting its streaming and studio businesses from its legacy TV operations, according to the Financial Times. CEO David Zaslav is reportedly exploring the possibility of spinning off the Warner Bros movie studio and Max streaming service into a separate company to alleviate the current $39 billion debt burden. This move comes after Warner Bros reported lower-than-expected sales and profit due to declining TV ad sales and underperforming video games. The company has not yet commented on these reports. [Extracted from the article]

The House Appropriations Committee has voted along party lines to advance appropriations legislation that would cut the Social Security Administration's administrative budget by $450 million next fiscal year. The fiscal 2025 spending bill would slash SSA's administrative budget by nearly half a billion dollars, which is even more than President Biden's budget request. Rep. Dutch Ruppersberger filed an amendment to restore the $450 million in cuts, warning that the proposed cuts would worsen the agency's customer service crisis. However, the amendment failed to pass. [Extracted from the article]

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Clayton Dubilier & Rice and Permira, supported by an investor group, are in advanced discussions to acquire Exclusive Networks SA, a French cybersecurity company. The private equity consortium has secured financing for the potential transaction and aims to finalize an agreement in the coming days. Exclusive Networks' shares have increased by 12% this year, giving it a market value of €2 billion ($2.2 billion). The outcome of France's recent election, where left-wing parties won the most seats but fell short of a majority, may pose challenges for completing deals in an uncertain political environment. [Extracted from the article]

Greenko Group, a clean energy company in India, has secured a credit line of 62 billion rupees ($743 million) from India's National Bank for Financing Infrastructure and Development. The funds will be used to partially refinance offshore debt, specifically two sets of dollar bonds maturing in January 2025 and July 2026. Greenko aims to reduce its dollar debt, which it finds expensive compared to local currency loans. The credit line is linked to the NaBFID Lending Rate and has maturities extending up to 23 years. Greenko is a leading renewable energy company in India with a net installed capacity of 7.5 gigawatts across 15 states. [Extracted from the article]

Greenko Group, a clean energy company in India, has secured a credit line of 62 billion rupees ($743 million) from India's National Bank for Financing Infrastructure and Development. The credit line will be used to partially refinance offshore debt, specifically two sets of dollar bonds that are due in January and July 2025. Greenko aims to reduce its dollar debt, which it finds expensive compared to local currency loans. The credit line will disburse funds in tranches and has multiple maturities extending up to 23 years. Greenko is a leading renewable energy company in India with a net installed capacity of 7.5 gigawatts across 15 states. [Extracted from the article]

According to a new study by job search engine Adzuna, the concept of hustle culture, which emphasizes long hours and hard work as the path to success, is losing popularity. The study analyzed over 272 million US jobs from January 2020 to March 2024 and found a shift towards "anti-hustle" jobs that prioritize work-life balance and overall well-being over productivity and long work hours. In March 2024, there were nearly 650,000 anti-hustle jobs available in the US, compared to just 142,168 in January 2020. The study also found that anti-hustle sectors such as consultancy, public relations, marketing, and advertising offer salaries exceeding $100,000. Hustle jobs have been linked to mental health concerns, and Talkspace, a therapy company, suggests establishing boundaries, taking breaks, prioritizing self-care, and focusing on accomplishments to avoid hustle culture. [Extracted from the article]

The German government has blocked the sale of a gas turbine business owned by MAN Energy Solutions SE to a state-owned Chinese shipbuilding company due to national security concerns. The deal would have seen CSIC Longjiang GH Gas Turbine Co., Ltd. take over MAN operations in Oberhausen and Zurich. The German government cited the Foreign Trade and Payments Act, which allows them to prevent companies from selling businesses to owners outside the European Union if it poses a threat to national security and public order. The decision was made due to CSIC Longjiang's close ties to the Chinese military. MAN disagrees with the government's view that the turbine technology could be used for military purposes. [Extracted from the article]

Saudi Aramco and Abu Dhabi National Oil Co. (Adnoc) are considering making bids for Australian gas producer Santos Ltd. Both state-owned companies have been conducting preliminary evaluations of Santos as a potential acquisition target. Santos has liquefied natural gas projects in Australia, Papua New Guinea, and Timor-Leste, as well as gas operations in the Australian domestic market and conventional oil assets in Alaska. The Gulf countries are investing in gas as a bridge fuel in the energy transition, with Qatar planning to double LNG export capacity and Saudi Arabia and the United Arab Emirates investing in domestic fields and global trading operations. Other potential buyers may also be interested in Santos. [Extracted from the article]

Artisan Partners GP LLC, the second-largest investor in Royal Philips NV, has increased its stake in the medical technology company to 10.01%. This move comes after Philips settled claims related to its faulty sleep apnea machines. The increase in Artisan's stake solidifies its position as the second-largest shareholder after Exor NV. Philips is regaining investor confidence following a lower-than-expected settlement on US claims, although it is still being investigated by the US Department of Justice. Despite a 17% gain in shares this year, Philips' stock is still down 44% since the recall in June 2021. [Extracted from the article]

Hindenburg Research's short-seller report on the Adani Group caused a significant drop in market value, but the gains made by Hindenburg were relatively small, totaling just over $4 million. The report alleged fraud and market manipulation at the Indian business empire of Gautam Adani. Despite the impact of the report, Adani Group companies have since recovered ground. Hindenburg also criticized India's markets regulator for failing to address the fraud allegations. The report comes at a time when India's opposition parties have been criticizing Prime Minister Narendra Modi for crony capitalism. [Extracted from the article]

Hindenburg Research's short-seller report against the Adani Group caused a significant drop in market value, but the American firm only made $4 million from the situation. This is the first time Hindenburg has disclosed its earnings from the report, which alleged fraud and market manipulation at the Indian business empire. The report earned $4.1 million from one investor relationship and $31,000 from Hindenburg's own short of Adani U.S. bonds. Hindenburg criticized India's markets regulator for not addressing the fraud allegations and accused it of masking the involvement of Kotak Mahindra Bank and US hedge fund Kingdon Capital Management. The Adani Group's stocks have since recovered. [Extracted from the article]

Bar Olo is a new wine bar in Melbourne, Australia, owned by Anthony Scutella and Alison Foley, who also own the popular restaurant Scopri. The bar focuses on Piedmont, the home of Barolo, Italy's greatest red wine. The space is cozy and charming, with a wood-paneled, parquetry-floored room and excellent service. The menu offers crowd-pleasing choices, including pasta dishes and simple, flavorful dishes like Wagyu arrosticini and mixed leaf salad. Bar Olo has a wide selection of Italian wines, including Barolo, as well as other Italian varietals. The bar has a classic, old-world style and is recommended for those looking for a new favorite wine bar in Melbourne. [Extracted from the article]

The gender pay gap figures analysed by Property Week correlate with the Real Estate Balance survey, with the top 20 firms showing on average 26.37% of women in the top quartile of pay brackets. Pay scales According to CBRE's 2022 gender pay gap report, the firm had made progress in a number of areas. The Crown Estate stands out when it comes to the bonus pay gap, recording £1.12 in bonuses paid out to women for every £1 paid to men. [Extracted from the article]

The article presents the discussion on 4th Caribbean Aviation Day held in the Cayman Islands providing several price comparisons between travel destinations in the Caribbean.

The companies that bill you regularly all have protocols for giving consumers better deals, Kurland says: "But they rely on the fact that you're not going to call and ask." HIGHER PRICE BETTER PRICE THE LOWDOWN $130 Bunn HB Heat N' Brew Programmable 83 $30 $ Hamilton Beach 12-Cup Programmable 49465R 83 These coffee brewers are equal in our convenience and carafe handling tests. LOWER YOUR MONTHLY BILLS p. 26 BE FIRM AND TOUGH WHEN ASKING FOR A DEAL. "At a time when we're all feeling the pain of inflation, it's both important and easy to get better deals on many of your monthly bills", says Ben Kurland, co-founder of BillFixers, a service that negotiates lower bills for consumers. [Extracted from the article]

The article offers information on how facility managers have been preparing for the energy revolution affecting the profession. It mentions that facility management organization's carbon-free energy (CFE) commitment. It discusses about integrating ancillary on-campus services into the renewable energy profile of the campus.