Thursday, October 19, 2023

Oct 19, 2023 - Why South Korea Has So Many Protests, and What That Means

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TradeBriefs Editorial

From the Editor's Desk

Research: How to Effectively Market Green Products

A study, involving Edelman and nine major brands, finds that despite corporate hesitations, sustainable products are growing twice as fast as conventional ones, appealing across all demographics. Brands should ensure that product quality is not compromised while promoting sustainability. Combining sustainability claims with core brand attributes can broaden consumer appeal. Effective sustainability messages prioritize the personal and community benefits, while technical or scientific claims are less compelling unless tied to consumer benefits. Sustainably-marketed goods are consistently growing across demographics, indicating that compelling sustainability claims can boost customer engagement and business growth.

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Why South Korea Has So Many Protests, and What That Means    
Why South Korea Has So Many Protests, and What That Means
Chang W. Lee is a staff photographer for The Times. He was a member of the staff that won two 2002 Pulitzer Prizes: one for Breaking News Photography and the other for Feature Photography. Follow him on Instagram @nytchangster. More about Chang W. Lee


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Wind-powered cargo ships with sail-like 'wings' could reduce fuel use by 30%    
Wind-powered cargo ships with sail-like 'wings' could reduce fuel use by 30%
\"This is this is a prime example, I think, of where people come together, and really genuinely [are] willing to make a difference, taking some risk. We have an owner that is letting us cut big holes in the ship — that that is not what every owner in the world is willing to do,\" Dieleman said.






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Israel-Hamas war live: Israeli military says it 'continues to attack all the time throughout the Gaza Strip'; Sunak arrives in Tel Aviv    
Israel-Hamas war live: Israeli military says it 'continues to attack all the time throughout the Gaza Strip'; Sunak arrives in Tel Aviv
The US would provide $100m (£82m) in humanitarian assistance to the Palestinian people in Gaza and the West Bank, the White House said. Ireland would provide €13m (£11m) in funding for humanitarian assistance to the Palestinian people, its tánaiste and foreign affairs minister, Micheál Martin, also announced.


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RBA's top two executives saw 10% pay increase over past year, report reveals    
RBA's top two executives saw 10% pay increase over past year, report reveals
"Nonetheless, the board will seek to restore the bank's capital over time through the retention of future profits, rather than paying these as dividends to the government," he said.




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Sylvester Stallone Pays Tribute To ‘Rocky’ Costar Burt Young Following His Death    
Sylvester Stallone Pays Tribute To ‘Rocky’ Costar Burt Young Following His Death
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Albanese government accused of 'deep division' and 'confusion' over Israel-Hamas conflict stance    
Albanese government accused of 'deep division' and 'confusion' over Israel-Hamas conflict stance
"Let's be clear: 'not within the rules of war' is doublespeak for 'illegal', doublespeak for 'crime'. The indiscriminate targeting of an unarmed civilian population, 40% of whom are under 15 years old, is not within the rules of war," she said.




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Nokia to Cut Thousands of Jobs as Net Profit Drops 45%    
Nokia to Cut Thousands of Jobs as Net Profit Drops 45%
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Authoritarianism Expert Warns Where Threats Against Jim Jordan Opponents Will Lead    
Authoritarianism Expert Warns Where Threats Against Jim Jordan Opponents Will Lead
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TSMC Q3 profit falls 24.9%, beats expectations    
TSMC Q3 profit falls 24.9%, beats expectations
TSMC\'s Taipei-listed shares fell 27.1% in 2022, but are up around 22% so far this year, giving the chipmaker a market value of $432.3 billion. The stock rose 1.1% on Thursday versus a flat benchmark index.


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State Department Official Resigns Over Arms Transfers to Israel    
State Department Official Resigns Over Arms Transfers to Israel
“A lot of people are wrestling with this being the current policy and are finding it to be deeply problematic,” he said. “I’ve really been quite moved by some of the folks who have reached out to say that they understand where I’m coming from. They respect my decision. It’s been very supportive.”




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Elephant Dies At St. Louis Zoo Shortly After Herd Is Spooked By Unleashed Dog    
Elephant Dies At St. Louis Zoo Shortly After Herd Is Spooked By Unleashed Dog
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Nvidia and iPhone maker Foxconn to build 'AI factories'    
Nvidia and iPhone maker Foxconn to build 'AI factories'
Mr Liu also said Foxconn is trying to \"convert itself from a manufacturing service company to a platform solution company,\" citing smart cities and smart manufacturing as other applications for AI factories.


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Ukraine’s Economy Starts to Rebound as It Adapts to War    
Ukraine’s Economy Starts to Rebound as It Adapts to War
Ukraine’s businesses are also facing labor shortages as men are drafted into the army, and as a result of the exodus of refugees after Russia’s invasion last year. More than six million Ukrainians — nearly 15 percent of the prewar population — remain outside the country, and nearly a quarter of them are uncertain whether they will return once the war is over, according to a recent United Nations survey.




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Rite Aid Is Closing 154 Stores as It Starts to Shed Debt    
Rite Aid Is Closing 154 Stores as It Starts to Shed Debt
The company has secured up to $3.45 billion in financing from its lenders to operate during the bankruptcy restructuring, according to a company statement. Rite Aid will sell its pharmacy benefit company Elixir to MedImpact Healthcare Systems.


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Netflix Adds 9 Million Subscribers in Third Quarter    
Netflix Adds 9 Million Subscribers in Third Quarter
Nicole Sperling is a media and entertainment reporter, covering Hollywood and the burgeoning streaming business. She joined The Times in 2019. She previously worked for Vanity Fair, Entertainment Weekly and The Los Angeles Times. More about Nicole Sperling




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Russia-Ukraine war: Hungary's Viktor Orbán shaking hands with Putin 'very, very unpleasant', says Estonian prime minister    
Russia-Ukraine war: Hungary's Viktor Orbán shaking hands with Putin 'very, very unpleasant', says Estonian prime minister
Biden is reportedly to propose a joint $100bn package for Ukraine, Israel, Taiwan and the migration crisis at the US-Mexico border this week. The package is intended to bypass congressional chaos and bring Democrats, who have sought additional aid for Kyiv for weeks, together with Republicans, who want funds to tighten controls on the southern border.


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'Deep and dangerous abyss': UN envoy warns Middle East is on the brink    
'Deep and dangerous abyss': UN envoy warns Middle East is on the brink
In a press release statement, Wennesland said meetings with Egyptian leaders focused on facilitating humanitarian assistance through the Rafah crossing, which is located on the Gaza-Egypt border and is the sole passage point between Egypt and the Gaza Strip.


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Jimmy Kimmel Exposes 'Scumbag' Trump's 'Particularly Vile' New Threat    
Jimmy Kimmel Exposes 'Scumbag' Trump's 'Particularly Vile' New Threat
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Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over    
Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over
Separately, the company said on Wednesday that its board has approved a quarterly cash dividend on Costco common stock of $1.02 per share that will be paid in mid-November.Don\'t miss these CNBC PRO stories:


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Neomelodica star Tony Colombo arrested in Naples mafia swoop    
Neomelodica star Tony Colombo arrested in Naples mafia swoop
They have largely relinquished their arms after a lengthy and violent war for control of the drug trade. Instead, they have allegedly been focusing on fixing auctions, resorting to violence to intimidate other bidders and drive down property prices before selling the assets for a significant profit.Additionally, the clan acquired sports and betting halls and supermarkets, smuggling cigarettes from Bulgaria and Ukraine, often using intermediaries.The police reported seizing assets worth nearly €8m (£7m) during the raids.


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TSMC’s Third-Quarter Net Profit Fell on Weaker Demand for Smartphones, High-Speed Computing    
TSMC’s Third-Quarter Net Profit Fell on Weaker Demand for Smartphones, High-Speed Computing
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Woman in Critical Condition After Man Pushes Her Into Subway Train    
Woman in Critical Condition After Man Pushes Her Into Subway Train
Natalie Tanner, 23, who was visiting from Ottawa, said she was troubled to learn that someone had been pushed but would continue using the subway because it was the least expensive and quickest way to navigate the city.


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TSMC beats revenue and profit expectations for third quarter    
TSMC beats revenue and profit expectations for third quarter
\"We expect our business in the fourth quarter to be supported by the continued strong ramp [up] of our 3-nanometer technology, partially offset by customers\' continued inventory adjustment on the inventory side,\" he said.


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Sydney pro-Palestine rally to go ahead on Saturday despite premier's concern over 'bad faith actors'    
Sydney pro-Palestine rally to go ahead on Saturday despite premier's concern over 'bad faith actors'
"It goes to the heart of what Palestinians and those who care for them in Australia - it goes to the heart of what they think, which is that Palestinian lives are considered lesser than."


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Jenni Hermoso Returns To Spain Soccer Squad For First Time Since World Cup Kiss    
Jenni Hermoso Returns To Spain Soccer Squad For First Time Since World Cup Kiss
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Nokia to axe up to 14,000 jobs to cut costs    
Nokia to axe up to 14,000 jobs to cut costs
Nokia was once the biggest handset manufacturer in the world, but it failed to anticipate the popularity of internet-enabled touchscreen phones such as Apple\'s iPhone and Samsung\'s Galaxy and was knocked from its perch by rivals.


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Amazon pledges parcels in an hour using drone deliveries    
Amazon pledges parcels in an hour using drone deliveries
Frederic Laugere, head of innovation advisory services at the UK Civil Aviation Authority (CAA) said projects like this one were \"vital to feed into the overall knowledge and experiences that will soon enable drones to be operating beyond the line of sight of their pilot on a day-to-day basis, while also still allowing safe and equitable use of the air by other users.\"


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RFK Jr.'s anti-vaxx campaign has left a trail of people hurt by his work: 'It’s disturbing because he has a huge family name'    
RFK Jr.'s anti-vaxx campaign has left a trail of people hurt by his work: 'It’s disturbing because he has a huge family name'
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US mortgage rates have hit a two decade high of 8%    
US mortgage rates have hit a two decade high of 8%
The Federal Reserve\'s target for its key rate - which helps set borrowing costs for mortgages, credit card debt and other loans - now stands at a range of 5.25%-5.5%, up from near zero in March 2022.


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Seth Meyers Turns Right-Wing Words Against GOP In Harsh Message For Next Speaker    
Seth Meyers Turns Right-Wing Words Against GOP In Harsh Message For Next Speaker
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What Happens When an Artist’s Technology Becomes Obsolete?    
What Happens When an Artist’s Technology Becomes Obsolete?
The problem is, neither Hershman Leeson nor the museums that collect her work are able to retrieve it from the sequence. In theory, the process is reversible, but it’s also expensive and time-consuming. At least for now, the work belongs to the future.


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'Demand interestingness': Thomas Heatherwick rails against boring buildings    
'Demand interestingness': Thomas Heatherwick rails against boring buildings
In polling for Heatherwick, 76% of a representative panel of 2,029 respondents agreed that the appearance of buildings had an influence on their mental health. In addition, 54% said that walking in areas with boring buildings had an impact on how they felt, and 69% believed that more investment was needed in how buildings make passersby feel.


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Voting opens in Mid Bedfordshire and Tamworth byelections    
Voting opens in Mid Bedfordshire and Tamworth byelections
While holding one or both seats would be trumpeted by No 10 as indicating a resurgence for the prime minister, this may not be the case, given the previously huge majorities, and the fact that Labour and the Lib Dems could cancel each other out in Mid Bedfordshire.


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SAP Shares Surge After Cloud Business Fuels Revenue Growth    
SAP Shares Surge After Cloud Business Fuels Revenue Growth
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread    
Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
That is not expected in the United States until June 2024, based on current market estimates, with recent robust economic data suggesting the central bank might leave interest rates higher for longer.


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'Daily Show' Gives Republicans Scathing Reminder Of Jim Jordan's Past    
'Daily Show' Gives Republicans Scathing Reminder Of Jim Jordan's Past
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TSMC's outlook beats estimates after chip demand stabilizes    
TSMC's outlook beats estimates after chip demand stabilizes
Longer term, TSMC is spending heavily on chip plants around the world. Executives said its $40 billion Arizona site was on track to start production in 2025’s first half, while a Japanese plant is slated to begin mass output in late 2024.


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'Bond King' Jeffrey Gundlach says buy long-dated Treasurys, with prices set to rebound going into a recession    
'Bond King' Jeffrey Gundlach says buy long-dated Treasurys, with prices set to rebound going into a recession
In CMBS, while many have warned about a coming commercial real estate crash, Gundlach says investors should simply stick to AAA commercial mortgage bonds, which are offering higher credit ratings and better spreads than investment grade corporate debt.




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