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US: Strong Winter Storm Brings Blizzard Conditions To Sierra Nevada 3

A strong winter storm hit the Sierra Nevada on Friday, March 1, bringing heavy snow and high winds. Blizzard Warnings were issued for the area, including Lake Tahoe and eastern Nevada. The Sierra Avalanche Center warned that the danger of avalanches was high. Yosemite National Park and many ski resorts in the region announced they were closing at least for the day.

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Lebanon: Israel Carries Out Airstrikes Near Sidon

Israel carried out 2 airstrikes targeting alleged Hezbollah weapons warehouse locations near Sidon on Monday, February 19. Lebanese state-run National News Agency reported that "Israeli warplanes carried out strikes on the town of Ghaziyeh". The Israeli army said that the attack was in "response to to the explosion of an enemy drone, the wreckage of which was found near the Tiberias area this afternoon." This live footage shows smoke billowing as seen from Sidon.

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Remittances to Mexico to reach historic highs in 2023, 2024: report

STORY: Remittances to Mexico to reach historic highs in 2023, 2024: report DATELINE: Aug. 27, 2023 LENGTH: 00:01:05 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of Mexico City reflecting its economy STORYLINE: According to a recent report released by the financial group Banco Bilbao Vizcaya Argentaria (BBVA), the flow of remittances arriving in Mexico will again reach historic highs in 2023 and 2024. The "Yearbook of Migration and Remittances 2023," released on Thursday by BBVA Mexico, said that the flow of resources arriving in Mexico will increase to 63.7 billion U.S. dollars in 2023, an increase of 8.9 percent compared to the end of 2022, and 67.9 billion dollars in 2024, an increase of 6.6 percent. The report explained that Mexico is currently the second-largest country with the most remittances in the world. For several years, remittances have been the key source of foreign exchange for Mexico, ahead of foreign direct investment, crude oil exports, and international tourism. Xinhua

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China's financial market attracts global investors: Bloomberg expert

STORY: China's financial market attracts global investors: Bloomberg expert DATELINE: June 24, 2023 LENGTH: 00:01:57 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of China-related footage 2. SOUNDBITE 1 (English): LI BING, Head of Bloomberg Asia Pacific 3. SOUNDBITE 2 (English): LI BING, Head of Bloomberg Asia Pacific STORYLINE: Head of Bloomberg Asia Pacific Li Bing has said that global investors have shown great interest in China's financial market, as the world's second-largest market has become unavoidable for them. SOUNDBITE 1 (English): LI BING, Head of Bloomberg Asia Pacific "I can say quite confidently, global investors are still very much interested in China's market. We surveyed the group. More than 50 percent of the audience in the room told us they are still optimistic or cautiously optimistic about China's market. Overall, I think it is a very positive message. One fact you know, I think we can all agree on is, after the past many years of China's market opening up, I mentioned abov

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U.S., Europe in bank turbulence, triggering fears globally

STORY: U.S., Europe in bank turbulence, triggering fears globally DATELINE: March 19, 2023 LENGTH: 00:02:37 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of banks in U.S. and Europe 2. SOUNDBITE 1 (English): GIORGIO DI GIORGIO, Professor of macroeconomics and monetary policy at Rome's LUISS University 3. SOUNDBITE 2 (English): LARRY BENEDICT, CEO & founder of The Opportunistic Trader 4. SOUNDBITE 3 (English): BREDAN AHERN, Chief Investment Officer of U.S.-based asset management firm Krane Funds Advisors STORYLINE: U.S. financial markets have been quite volatile recently after the near-simultaneous collapse of Silicon Valley Bank, Silvergate Bank and Signature Bank challenged confidence in the financial system. The turmoil has sent shockwaves across the banking industry and caused the stock prices of European banks to plummet. The biggest victim so far was Credit Suisse. The second-largest Swiss banking group has secured an emergency loan from the country's central bank after its shares

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MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

TOKYO, Japan - Mizuho Financial Group Inc. President Terunobu Maeda announces his group's business results for fiscal 2005 at a press conference in Tokyo on May 22. Japan's second largest financial group booked a record-high net profit for the year to March 31, 2006.

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(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Daiwa Securities Group Inc. in Tokyo. Sumitomo Mitsui Financial Group Inc. and Daiwa Securities Group, the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day.

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(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day.

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Credit Saison, Mizuho to tie up credit card operations

Credit Saison, Mizuho to tie up credit card operations

TOKYO, Japan - Credit Saison Co. President Hiroshi Hayashino (L), Mizuho Bank President Seiji Sugiyma (C) and UC Card Co. President Sumio Uesugi (R) shake hands after announcing their business tie-up at a press conference in Tokyo on Aug. The partnership between Credit Saison and Mizuho Financial Group's UC Card Co. would create Japan's second largest card business operator.

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Yasuda Fire, Nissan Fire, Taisei Fire eye integration

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

TOKYO, Japan - Yasuda Fire & Marine Insurance Co. (file photo of headquarters), Japan's second-largest nonlife insurer, has entered final talks with Nissan Fire & Marine Insurance Co. and Taisei Fire & Marine Insurance Co. to integrate management, possibly by April 2002, industry sources said Nov. 2. Each firm has close business ties with the Mizuho Financial Group.

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(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day. (Kyodo)

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(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

(2)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Daiwa Securities Group Inc. in Tokyo. Sumitomo Mitsui Financial Group Inc. and Daiwa Securities Group, the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day. (Kyodo)

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MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

TOKYO, Japan - Mizuho Financial Group Inc. President Terunobu Maeda announces his group's business results for fiscal 2005 at a press conference in Tokyo on May 22. Japan's second largest financial group booked a record-high net profit for the year to March 31, 2006. (Kyodo)

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2 Japanese regional banks form Kyushu Financial Group

2 Japanese regional banks form Kyushu Financial Group

A poster announcing the launch of Kyushu Financial Group on Oct. 1, 2015, is displayed at Higo Bank's central branch in Kumamoto the same day. The management integration of Higo Bank and Kagoshima Bank, two regional banks based in southwestern Japan's Kyushu region, makes the newly established financial group the second largest lender in Kyushu in terms of assets. (Kyodo) ==Kyodo

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Jaroslav Hascak, Penta Investments

Jaroslav Hascak, Penta Investments

Czech-Slovak Penta financial group confirmed that its co-owner Hascak was accused, considers police raid in its seat demonstration of force in Bratislava, Slovakia, December 1, 2020. +++FILE PHOTO+++Partner of the Penta Investments Jaroslav Hascak speaks during the press conference on business results and plans, in Prague, Czech Republic, on April 18, 2018. Penta Investments group raised its operating profit by 19 percent to record-breaking Kc10.1bn in 2017, with its sales growing by 21 percent to Kc178bn, and the consolidated net profit reached Kc6.2bn, which is the second largest amount after 2016. (CTK Photo/Michal Kamaryt)

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Jaroslav Hascak, Penta Investments

Jaroslav Hascak, Penta Investments

Czech-Slovak Penta financial group confirmed that its co-owner Hascak was accused, considers police raid in its seat demonstration of force in Bratislava, Slovakia, December 1, 2020. +++FILE PHOTO+++Partner of the Penta Investments Jaroslav Hascak speaks during the press conference on business results and plans, in Prague, Czech Republic, on April 18, 2018. Penta Investments group raised its operating profit by 19 percent to record-breaking Kc10.1bn in 2017, with its sales growing by 21 percent to Kc178bn, and the consolidated net profit reached Kc6.2bn, which is the second largest amount after 2016. (CTK Photo/Michal Kamaryt)

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Yasuda Fire, Nissan Fire, Taisei Fire eye integration

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

TOKYO, Japan - Yasuda Fire & Marine Insurance Co. (file photo of headquarters), Japan's second-largest nonlife insurer, has entered final talks with Nissan Fire & Marine Insurance Co. and Taisei Fire & Marine Insurance Co. to integrate management, possibly by April 2002, industry sources said Nov. 2. Each firm has close business ties with the Mizuho Financial Group.

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