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HELSINKI (Reuters) -The U.S. Congress will seek to ratify Finland's application to join the Western military alliance NATO before going on holiday in August, U.S. Senate Republican leader Mitch McConnell said in Helsinki after meeting with Finland's President Sauli Niinisto. Canada, NATO's other North American ally, also promised a quick ratification. "Certainly we hope to achieve it before the August recess when Congress typically goes out of session," McConnell told reporters on Monday. Niinisto confirmed on Sunday that Finland would apply for NATO membership, in a historic policy shift prompted by Russia's Feb. 24 invasion of Ukraine. Sweden is also planning to join. McConnell said there was broad bipartisan support among U.S. lawmakers for Finnish membership. "With regard to the size of the vote, it will be very significant. Not unanimous, but very significant," he said. McConnell stressed the Republican Party's commitment to continued U.S. participation in the … [Read more...] about U.S. could ratify Finnish NATO membership before August, Senate Republican leader says

Share to Twitter Share to Linkedin Topline A pantheon of top U.S. national security officials will reportedly accompany Vice President Kamala Harris on a trip that the White House announced Saturday she will make to the United Arab Emirates on Monday, signaling a significant White House effort to ease rising tensions with the small, oil-rich Persian Gulf state after the death of its longtime leader. Key Facts Secretary of State Antony Blinken, Defense Secretary Lloyd Austin, CIA director Bill Burns and the commander of U.S. Central Command, Gen. Michael Kurilla, among others, will travel to the UAE, according to Axios , following the death Friday of UAE President Khalifa bin Zayed Al Nahyan, who led the country since 2004 and forged close ties with the United States. His half-brother, Mohamed bin Zayed Al Nahyan, was swiftly named the country's new president, but the change appears largely ceremonial since Mohamed began serving as de facto leader … [Read more...] about U.S. National Security Leaders Reportedly Headed To UAE With Vice President Harris

Share to Twitter Share to Linkedin It takes a lot to become a global beauty sensation, but Sunnies Face managed to do so practically overnight. When the brand launched in the Philippines, their website crashed just before reaching 3 million views and the line sold out in 10 minutes at their launch party. Their hero product Fluffmatte, a matte lipstick, has sold almost three million bullets, with one sold every 30 seconds, propelling them to the best-selling lipstick in the Philippines. Sunnies Face brought Southeast Asian beauty to the forefront of the global beauty scene and they’re finally launching stateside today. Sunnies Face was a natural extension of the lifestyle brand Sunnies Studios and Sunnies Café, eyewear and food businesses, respectively. Sunnies Face was founded by Jessica Wilson, Brand Manager; Martine Ho, Creative Director; and Georgina Wilson, Brand Director. “Whenever we would launch a campaign, everyone would ask what lip color was used on … [Read more...] about Cult-Favorite Filipina Beauty Brand Sunnies Face Lands In The U.S.

Share to Twitter Share to Linkedin Clint Coghill co-founded Backstop Solutions Group in 2003 and now leads the Backstop Executive Team as CEO. Last year, a research study from the Association of Asian American Investment Managers (AAAIM) and co-sponsored by my company, was released. In the survey of over 100 Asian American and Pacific Islander (AAPI) investment professionals, many shared disturbing experiences of bias and racism in the workplace. Their stories, plus the dismal statistics of AAPIs reaching leadership roles in financial services, pointed to the existence of a "bamboo ceiling." This was a term I had never heard before. What, exactly, is a bamboo ceiling? Simply put, a bamboo ceiling refers to the obstacles placed in front of AAPIs in the workplace. This bias and discrimination typically affect the performance, evaluation and career advancement of these individuals and is sufficiently widespread that it was given a memorable name. … [Read more...] about What Investment Management Leaders Can Do About Asian Americans Facing Discrimination

When you are stretched thin with plenty on your to-do list, believe it or not, the best thing you can do is to relax (mentally and physically) periodically throughout the workday. By doing so, you’ll refuel your energy level, be more focused and productive as you push past the finish line to reach your short- and long-term goals. advertisement advertisement Below, experts from Fast Company Executive Board describe their most effective productivity hacks during crunch time and how useful they are when you are trying to get the most done. 1. ALWAYS HAVING A BACK-UP PLAN IN PLACE When an eleventh-hour health scare pushes an event online or top-tier talent decides to perform from home instead of in person, success relies on decisions you made months before. At VIVA, we have satellite planning teams in place who are directed to work on scenarios B and C, even while plan A is moving ahead full steam.  In that way, the quality of what we do remains high … [Read more...] about 15 productivity hacks that keep business leaders on track

On Saturday, the Group of Seven (G-7) industrialized nations agreed on a 15% global minimum corporate tax as a way to prevent companies from avoiding taxes by parking profits overseas. The G-7 finance ministers meeting was held in London. Key Takeaways The G-7 group of financial leaders from seven industrialized nations agreed that a 15% global minimum corporate tax rate should be enacted. A global minimum corporate tax rate has been proposed as a way to stop a race to the bottom as companies seek to avoid paying taxes by stashing profits in countries with the lowest possible tax rates . On her way back from that meeting, U.S. Treasury Secretary Janet Yellen said higher interest rates would be a “plus” for the American economy. The meeting precedes an annual summit of G-7 leaders scheduled for June 11 to 13, 2021, in Cornwall, England. There will also be wider talks with 140 countries in Paris, and the Group of 20 finance ministers will be meeting in July, where … [Read more...] about G-7 Agreed on a 15% Global Minimum Corporate Tax

U.S. stocks again started the day mixed after a report said that U.S. retail and food services fell more than expected last month. Investors are also digesting a slew of quarterly earnings reports from banks, as JPMorgan Chase & Co. ( JPM ) and Citigroup Inc. ( C ) recorded income declines, while Wells Fargo & Company ( WFC ) said that profit jumped. The Dow Jones Industrial Average (DJIA) and the S&P 500 are poised to finish the week lower, while the Nasdaq may end up higher for the week. All three major indexes finished lower yesterday. Key Takeaways Stocks are mixed again this morning, with the Nasdaq gaining and the Dow and S&P 500 falling. Retail and food sales sank 1.9% in December, marking the biggest drop in 10 months. JPMorgan and Citigroup reported falling quarterly profit, while Wells Fargo reported fourth quarter profit that beat analysts' forecasts. The University of Michigan will release its Consumer Sentiment Index for … [Read more...] about Stocks Mixed as Retail Sales Drop Most in 10 Months

- A + A (May 16): The US Commerce Department is deepening its probe into whether solar power companies are circumventing import tariffs, singling out some of the industry’s giants for increased scrutiny. The agency identified eight manufacturers, including industry leaders Longi Green Energy Technology Co, Trina Solar Co and Jinko Solar Co, for mandatory questionnaires to plumb for more information on whether they are skirting US tariffs on China-made solar products by assembling them in Southeast Asia. The probe has already roiled the US solar industry and thrown a wrench into decarbonisation plans, with companies halting projects and cancelling shipments in the face of potentially hefty extra tariffs. The world’s largest solar manufacturers, mostly based in China, are diverting their focus and products to the rising European market amid the US disruptions. Shares of major Chinese solar companies fell on Monday, with Jinko stumbling as much as 5.3%, Trina … [Read more...] about US deepens China solar tariff probe with scrutiny of 8 firms

- A + A BENGALURU/MUMBAI/ZURICH (May 16): Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for US$10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer. Adani Group, owned by billionaire Gautam Adani, currently has no cement-making operations but said the firms were a good fit given its ports and logistics, energy and real estate businesses. Under the deal, Adani Group will pay US$6.4 billion in cash to acquire Switzerland-based Holcim's 63.1% stake in Ambuja Cements Ltd and 54.5% holding in ACC Ltd, Holcim said in a statement announcing the deal late on Sunday (May 15). The rest of the companies' shares will be bought via an open offer, Adani said in a separate statement. "(We) will be able to build a uniquely integrated and differentiated business model and set ourselves up for significant capacity expansion," Adani said. The deal, which was clinched after a fierce bidding war with the … [Read more...] about Adani to become India’s No. 2 cement maker with US$10.5 bil Holcim deal

Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah with President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan (2nd right) at Mushrif Place, Abu Dhabi, UAE on Monday, May 16, 2022. (Photo credit: [email protected] Negara) - A + A KUALA LUMPUR (May 16): Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah on Monday (May 16) departed to visit the President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan at Mushrif Place, Abu Dhabi at around noon local time. According to Comptroller of the Royal Household for Istana Negara Datuk Ahmad Fadil Shamsuddin, His Majesty was received by Sheikh Mohamed bin Zayed Al Nahyan. “During the face-to-face meeting that lasted almost an hour, His Majesty conveyed his condolences to the President and the UAE government, and congratulated Sheikh Mohamed Zayed Al Nahyan on his appointment as the new President and head of state of the UAE,” … [Read more...] about Agong meets with new UAE President in Abu Dhabi