prologu5 – Page 39526 – Prologue Journal

Money managers are shying away from risk, turning to defensive stocks and Treasurys, but they appear equally worried about missing out on a potential stock-market rally.

Wall Street Journal Money managers are shying away from risk, turning to defensive stocks and Treasurys, but they appear equally worried about missing out on a potential stock-market rally. https://www.wsj.com/articles/investors-flock-to-safety-plays-but-stock-fomo-lingers-f821acbd?mod=hp_lead_pos3

Natural-gas producers kept drilling even as prices plummeted last winter, a potential boon for consumers, who could benefit from lower electricity bills heading into summer.

Wall Street Journal Natural-gas producers kept drilling even as prices plummeted last winter, a potential boon for consumers, who could benefit from lower electricity bills heading into summer. https://www.wsj.com/articles/good-news-for-your-utility-bills-gas-producers-keep-drilling-1c7cbede?mod=markets_lead_pos5

Employers across the economy cranked out jobs last month, despite high-profile companies recently cutting staff. Employment held up in tech, finance, construction and manufacturing and expanded in fields such as restaurants and hospitals.

Wall Street Journal Employers across the economy cranked out jobs last month, despite high-profile companies recently cutting staff. Employment held up in tech, finance, construction and manufacturing and expanded in fields such as restaurants and hospitals. https://www.wsj.com/articles/thousands-of-jobs-were-added-in-aprileven-in-industries-with-layoffs-a768a3ab?mod=economy_lead_pos2

U.S. sanctions are spurring Chinese tech companies to accelerate research to develop cutting-edge artificial intelligence without relying on the latest American chips.

Wall Street Journal U.S. sanctions are spurring Chinese tech companies to accelerate research to develop cutting-edge artificial intelligence without relying on the latest American chips. https://www.wsj.com/articles/u-s-sanctions-drive-chinese-firms-to-advance-ai-without-latest-chips-f6aed67f?mod=hp_lead_pos5

Volkswagen CEO Oliver Blume, in his first major restructuring move since becoming chief last year, is expected to replace the management of the company’s struggling software unit after it caused delays to new model launches, according to people familiar with the matter.

Wall Street Journal Volkswagen CEO Oliver Blume, in his first major restructuring move since becoming chief last year, is expected to replace the management of the company’s struggling software unit after it caused delays to new model launches, according to people familiar with the matter. https://www.wsj.com/articles/vws-new-ceo-to-replace-management-of-ailing-software-unit-873b1f1b?mod=hp_lista_pos3

Boat capsizes in southern India, at least 20 people dead

Washington Post Local media say a boat carrying more than 30 passengers capsized off a beach in southern India on Sunday night, and more than 20 people including children died https://www.washingtonpost.com/world/2023/05/07/india-kerala-boat-capsizes/0eb4ff96-ed47-11ed-b67d-a219ec5dfd30_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_world

Turkish, Syrian foreign ministers’ meeting looms ahead of elections

Jerusalem Post The discontent in Turkey over the nearly 4 million Syrian refugees has been a source of domestic pressure on Turkish President Recep Tayyip Erdoğan. https://www.jpost.com/middle-east/article-742367

HKeToll: smooth start on first working day for Hong Kong’s new automatic payment system, fewer motorists hesitating at closed booths

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. No hiccups for morning rush hour traffic at Tsing Sha Control Area, which charges flat rate of HK$8. https://www.scmp.com/news/hong-kong/transport/article/3219724/hketoll-smooth-start-first-working-day-hong-kongs-new-automatic-payment-system-fewer-motorists?utm_source=rss_feed

China-Central Asia summit to take place in Xi’an on May 18-19 — Foreign Ministry

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will also take part in it https://tass.com/world/1614777

Russian Security Council suggests suspects in Prilepin assassination attempt may die in custody

Pravda Ukraine Dmitry Medvedev, Deputy Chairman of the Russian Security Council, has suggested that an “accident” in custody might lead to the deaths of the suspects in the car bomb attack on Russian propagandist and writer Zakhar Prilepin. https://www.pravda.com.ua/eng/news/2023/05/8/7401099/