Dec 5, 2023

COP28 Latest: Energy Takes Centerstage Amid Fossil Fuel Debate The Key to a Successful Trip With Friends Is Spending Time Apart J&J Sees 2024 Sales Growth Slowing as Top Drug Faces Competition Brazil Economy Grows Slightly in Third Quarter as Slowdown Looms EV Boom Drives Miner’s $100 Million Hunt for New Palladium Uses India Braces for Severe Cyclone as Heavy Rains Kill Eight People Schmidt-Backed Pro-America Fund Has Started Placing Its Bets Tesla Strike Spreads to Denmark, Halting Shipments to Sweden Two Hours of Daily Meetings Is the Limit, Slack Survey Shows Microsoft Goes Big In Brazil’s Voluntary Carbon Credit Market Fed Has ‘Loaded Gun’ for Challenging Economy, Says Zelter Tom Ford Fashion House Is Driving Zegna’s Luxury Expansion London Stock Exchange Is Hit by Third Outage Since October US Slaps Sanctions Against Officials From Three African Nations M&A Deals Tempt Slovenia’s Top Lender NLB Across Balkans Adani Green Raises $1.4 Billion Loan for Largest Renewables Park How Alaska Airlines’ CEO Landed Deal to Buy Hawaiian Air Carrier Mining Giant Vale Says China Can’t Control the Price of Iron Ore Black Sea Storms Batter Russian Crude Exports to Three-Month Low Brazil Economy Grows Slightly in Third Quarter as Slowdown Looms EV Boom Drives Miner’s $100 Million Hunt for New Palladium Uses India Braces for Severe Cyclone as Heavy Rains Kill Eight People Oil price news: Oil mounts fledgling recovery after Riyadh defends OPEC+ cuts Microsoft Goes Big In Brazil’s Voluntary Carbon Credit Market Adani Green Raises $1.4 Billion Loan for Largest Renewables Park Mining Giant Vale Says China Can’t Control the Price of Iron Ore Black Sea Storms Batter Russian Crude Exports to Three-Month Low Coffee Lovers to Endure More Pain as Vietnam’s Crop Set to Fall Trafigura Staff Tried to Hide Nickel ‘Red Flags,’ Messages Show Trump Return Won’t Cripple US Climate Credibility, Kerry Says Bank of China Will Use Zambia Unit to Boost Renminbi Trade Clout Putin to Visit Gulf States, Defying Push to Isolate Him Over War Surging Gold Prompts Indians to Recycle Jewelry for Weddings South African Economy Shrinks as Outages, Logistics Take Toll Europe’s Winter-Gas Price Slump Shifts Focus to Summer Storage Car Taxes Would Fix Germany’s €17 Billion Budget Gap, Environment Agency Says Kerry Calls Out Chevron for Lagging on Climate Action at COP28 Blank-Check Firm in Talks to Merge With South African Gold Mine Could Ontario’s housing market experience a 90s-style downturn? CBC says it is cutting 600 jobs, some programming as it slashes budget Canadian pension funds should invest more in Canada: Former Air Canada CEO Extreme bullish sentiment suggests caution: Larry Berman November new car sales see biggest monthly gain so far this year: DesRosiers The Daily Chase: Bank of Canada rate decision this week What are economists expecting from Wednesday's Bank of Canada rate decision? A timeline of Bank of Canada rate hikes Billionaire Texan heir is helping bring back the woolly mammoth Plant-based meat industry still poised for growth despite recent setbacks: experts Canada's telecom sector awaiting key regulatory decisions after transformative year Economists react to November job numbers Unemployment rate rises to 5.8% in November as job market continues to cave Fed's Powell notes inflation is easing but downplays discussion of interest rate cuts The Daily Chase: Jobs data, bank earnings mixed bag Canada economy surprisingly shrank 1.1% in third quarter What do the latest GDP figures mean for the Bank of Canada? The Daily Chase: GDP contraction and earnings from RBC, CIBC, TD Most Canadians not ready for retirement: Deloitte Brazil Economy Grows Slightly in Third Quarter as Slowdown Looms US Slaps Sanctions Against Officials From Three African Nations Black Sea Storms Batter Russian Crude Exports to Three-Month Low Petro’s Health Standoff in Colombia Puts State Control in Play Israel Would Consider Another Cease-Fire to Get Back Hostages Harvard, Penn, MIT Heads Face Congress Over Campus Antisemitism China Says Taliban Government Must Reform to Be Fully Recognized Trump Return Won’t Cripple US Climate Credibility, Kerry Says Riksbank Governor Says Crime Could Cause Long-Term Economic Hit GOP Debate Now Down to Four as Field Winnows and Trump Boycotts Thames Water Debt Rises as Financing Discussions Continue WHO Asks Israel to Withdraw Order to Empty Medical Warehouses Guinea-Bissau Leader Dissolves Parliament After Coup Attempt India, UK Seek to Wrap Up Trade Talks Before Busy Election Year Korea Finance Nominee Likens Aging Demographics to Titanic Iceberg China Rips US for Seeing It as ‘Enemy’ After Raimondo Remarks Protesters Decry New Zealand Government’s ‘Anti-Māori’ Stance Five Bodies Found From US Osprey Crash in Japan, Kyodo Says Niger Junta Revokes Security Pacts With the EU Schmidt-Backed Pro-America Fund Has Started Placing Its Bets Two Hours of Daily Meetings Is the Limit, Slack Survey Shows Microsoft Goes Big In Brazil’s Voluntary Carbon Credit Market Nurse Shortages Are Set to Get Even Worse With Mass US Visa Delays AT&T Taps Ericsson to Revamp Wireless Network, Ousts Nokia NYC Workers to Get $16 an Hour as 22 States Boost Minimum Wage Nio Falls Behind on Sales With Revenue Outlook Missing Estimates Moody’s China Outlook Cut Leaked Hours Before Announcement Sanofi Strikes $140 Million Drug-Research Deal With Aqemia BYD Growth Status In Doubt With $12 Billion Selloff: Tech Watch GOP Debate Now Down to Four as Field Winnows and Trump Boycotts Foxconn Now Sees Better Quarterly Sales After November Rise ByteDance Strikes Deal With GoTo to Save Indonesian TikTok Shop PE Firm Longreach Weighs Sale of Japan’s Fujitsu Component, Sources Say Chinese Rocket Startup Resumes Launches After Its First Ever Failure Fintechs Rally 800% in Lagos Amid Bet on Nigerian Mobile Banking SoftBank Mobile Arm Buys Irish Telco in Bet on Driverless Cars Nvidia Plans Network of Chip Plants in Japan to Meet AI Demand Reports of an Electric Vehicle Slowdown Have Been Greatly Exaggerated The U.S. Fed is failing in four ways: Mohamed A. El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? Canada's trucker protest may spread from Ottawa to U.S. Bitcoin Holds Near $42,000 as Rally Weathers Retreat in Equities Gold Retreats From Record High as Fed Pivot Bets May Be Overdone Bitcoin Hits $40,000 Level for the First Time Since May 2022 India Boosts Emerging Market ETFs as US Yields Dip, Dollar Falls Bitcoin Hype Machine Kicks Into Overdrive While Cryptocurrency Surges Past $42,000 Gold Retreats From Record High as Fed Pivot Bets May Be Overdone Wall Street Wisdom on Who Sells in a Market Crisis Gets Debunked Spot Gold Rises to Record on Dovish Fed Remarks Retail Traders in Korea Are Sinking Billions Into Exotic US ETFs Activity in China State Fund’s Favorite ETF Signals More Buying The Yield Hunt Is Finally Back On for Buyers in Emerging Markets Should You Buy Bitcoin? All You Need to Know After Token Hits $40,000 Grayscale Trust Becomes ‘Live Betting Line’ for Spot Bitcoin ETF Investors Yank Money Out of ETFs Tracking Inflation-Protected Bonds Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year China Stocks Trim Losses on Report State-Owned Firm Bought ETFs Coinbase Stock Triples in 2023 After Firm Survives Crypto Chaos Cathie Wood Clocks in Best Month Ever Despite Waning Fanbase Vanguard’s Biggest Bond ETF Becomes First to Break $100 Billion World Series breakthrough for teams’ business Shane Pinto suspension the result of a regulated gambling market that works, say industry insiders Canadian Football League fanatics fuel financials What’s next for private equity investment in professional sports? Canada’s Davis Cup team finding love Impact of Jersey Ads on the NHL Promising Puck Drop for PWHL Betting on Women's Sports is on the Rise NHL expands market to Oz ‘Tis the Season for Selling Sports Books Television deals, ratings generate record-setting NFL revenue Playing for global basketball and sponsorship glory Awareness still at disadvantage in decades-long battle for tennis pay equity FanDuel, Rivalry deliver something new for betting customers Corporations considering Canadian cricket Matthew Boyle, Bloomberg News (Bloomberg) -- Spending more than two hours a day in meetings can hurt productivity, a new survey found, putting a ceiling on an element of the daily grind that many workers have come to dread. The survey of more than 10,000 desk workers globally from Salesforce-owned Slack Technologies found that two hours of meetings was the tipping point for most. Those who said they spent too much time on Zoom calls or in conference rooms were more than twice as likely to say they didn’t have enough time to focus on work that matters, instead of meetings. More than half of executives polled said they had too many meetings, while 27% of rank-and-file workers said the same. A surfeit of meetings can force people to get tasks done after hours, something that about two out of five workers do at least once a week. The effects were the same whether the meetings were virtual or in person. “Every minute you spend in meetings is a minute you spend not focusing,” said Christina Janzer, senior vice president of research and analytics at Slack. “Meetings do serve a purpose, but focused time is so important.” The research is the latest to show the negative effects of too many or unproductive meetings, which Slack, Shopify Inc. and other companies have been trying to combat with varying degrees of success. Previous research has found that large organizations waste $100 million a year on unnecessary gatherings. Tactics for limiting meetings can vary: Twice a quarter, for example, Slack cancels all internal meetings for an entire week, and eliminates them on Fridays. Curbing Friday meetings is something other companies do as well. Shopify created a tool embedded in employees’ calendars that estimates the cost of each meeting. In some cases, businesses encourage workers to decline meetings. The findings come as new tools are emerging that can capture the highlights of a meeting and send workers a summary — along with the agreed-upon next steps — later on. Surprisingly, Slack’s survey also found that a small slice of the workforce — typically younger employees or those with less than a year on the job — think they spend too little time in meetings. The survey included workers in the US, UK, Japan, Germany, France and Australia. ©2023 Bloomberg L.P.