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On August 14th, Futures News reported that, according to foreign media, Ukrainian Agriculture Minister Taras Vysotskyi stated on Friday that Ukraine could resume grain exports through Black Sea ports within a month if all parties implement the agreement to suspend attacks on civilian cargo ships. According to Ukrainian sources on the 13th, Ukraine had proposed to Russia a cessation of mutual attacks on civilian targets in the Black Sea. Recently, attacks by Russia and Ukraine against commercial shipping and port facilities in the Black Sea have escalated. Several Russian ports in the Black Sea and Sea of Azov have ceased operations, affecting key grain export hubs in southern Ukraine as well, leading to a significant decline in grain exports from both countries and pushing up global grain prices.According to Hong Kong Stock Exchange filings, Xiaomi Group (01810.HK) repurchased 1.9 million Class B shares on August 14, at a cost of HK$49.8 million.On August 14th, Miniso (09896.HK) announced that it expects to record revenue of approximately RMB11.45 billion to RMB11.55 billion for the first half of 2026, representing an increase of approximately 22% to 23% year-on-year; operating profit of approximately RMB1.62 billion to RMB1.66 billion, representing an increase of approximately 5% to 7% year-on-year; profit for the period of approximately RMB940 million to RMB960 million, representing an increase of approximately 4% to 6% year-on-year; and basic and diluted earnings per share of approximately RMB0.78 to RMB0.79, representing an increase of approximately 5% to 7% and 6% to 9% year-on-year, respectively. The increase in operating profit for the first half of 2026 is mainly due to the fair value change of an investment in a limited partnership investing in the artificial intelligence industry, resulting in an unrealized and market-valued gain of approximately RMB277 million.Citigroup raised its price target for Coreweave from $142 to $159.An Amazon subsidiary has reached an acquisition agreement with GlobalStar.

Governor DeSantis of Florida Bolsters His Conservative Credentials With Disney Dispute

Aria Thomas

Apr 22, 2022 09:45

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At the governor's request, the Republican-led state legislature promptly adopted a measure this week during a special session that would de-designate Walt Disney Co as a self-governing institution.


The action follows the company's objection to a new state legislation restricting classroom discussion of LGBTQ topics. The policy was branded the "don't speak gay" law by critics and labeled as bigoted, but DeSantis defended it as necessary to safeguard parents and children.


DeSantis, 43, has been at the center of a slew of political battles that have raged around the nation.


He fought against COVID-19 limitations, praising Florida as a "citadel of liberty" in the face of the epidemic. He called for the establishment of a first-of-its-kind electoral police agency to investigate election violations and signed a ban on abortions beyond 15 weeks of pregnancy into law last week.


His growing national prominence fuels speculation that the former federal prosecutor, who is running for re-election this November, is also considering a presidential candidacy.


This might put him against former President Donald Trump, who backed DeSantis, then a low-profile congressman, in his 2018 gubernatorial race in Florida. Trump, who was defeated in his re-election bid in 2020, has regularly indicated his desire to run for president again.


DeSantis shares many of Trump's policies but would provide a new face and a less confrontational manner to the Republican Party.


"DeSantis represents the developing middle ground. DeSantis would be the heavyweight in the 2024 primary if Trump were to resign tomorrow "Dan Eberhart, a significant Republican contributor and CEO of oilfield services firm Canary, LLC, said as much.


DeSantis' feud with Disney, on the other hand, bears dangers for both moderate voters and companies.


DeSantis is anticipated to approve the bill repealing a special tax district established by a 1967 statute that permits Disney to self-govern the approximately 25,000-acre Orlando region that contains its Walt Disney World theme park complex.


The legislation's financial effect on Disney is unknown, but it might spell the end of the company's decades-long autonomy at its huge Orlando amusement parks. Additionally, it might devolve into a long legal battle between DeSantis and Disney.


Democrats in the Orlando region might paint the Disney bill as "anti-economic," Eberhart said, adding that DeSantis is "in risk of overplaying his hand on Disney."


Nick Iarossi, a Tallahassee lobbyist who represents business interests and is a supporter of DeSantis who welcomed his Disney legislation, said the action was "raising concerns" among Florida businesses.


"Companies are contacting me and asking, 'What happens if I weigh in on this?' These businesses are undoubtedly rethinking their approach to, or absence from, legislative problems in Florida, since there will be negative implications "As Iarossi said.


Democrats around the country are campaigning against DeSantis on his views on Disney and LGBTQ rights.


Governor Gavin Newsom of California said Tuesday that "punishing companies for speaking out against intolerance" was a characteristic of an authoritarian administration.


Christina Pushaw, the governor's spokesman, did not reply to a request for comment.


She said on Twitter (NYSE:TWTR) that Disney had abandoned its family-friendly image in order to support opponents of a Florida legislation that prohibits school education on sexual orientation and gender identity for kindergarten through third grade students.


"Go up, get out," she tweeted.


DeSantis maintained his stance in a fundraising email sent to supporters on Wednesday.


"If Disney is looking for a battle, they picked the wrong person," the email read, as published by numerous media sources. "Now is the moment to reclaim power for Floridians and keep it out of the wallets of woke CEOs."