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People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsSummaryCompanies Move follows Hungary govt exit from Erste unitGovt raising financing for airport transactionExit 'good news' for sector's stability -EBRDBUDAPEST, Nov 15 (Reuters) - The European Bank for Reconstruction and Development is selling its 15% stake in Erste Group Bank's (ERST.VI) Hungarian unit back to the Austrian group after the Hungarian government's recent exit from the bank, a top EBRD official told Reuters. Austrian lender Erste said on Friday it was repurchasing a 15% stake in its Hungarian subsidiary, currently held by Hungarian state-owned Corvinus International Investments. Francis Malige, EBRD managing director of financial institutions, said the investment had been designed to help the Hungarian bank recapitalise while supporting a positive relationship with the authorities. "We received a call notice from Erste last Friday and are proceeding with the sale of our stake to the group, based on terms agreed during our 2016 investment."

Persons: Alishia, Viktor Orban, Marton Nagy, Francis Malige, Malige, Orban, Gergely Szakacs, Louise Heavens Organizations: European Bank for Reconstruction, REUTERS, Erste Group, Reuters, Economic, Budapest Airport, Austrian, Erste, International Investments, Erste Bank, Thomson Locations: Canary Wharf, London, Britain, Hungary, Erste, BUDAPEST, Austrian, Hungarian, Erste Bank Hungary

☆ ATP roundup: Top seed Holger Rune squeaks into Basel semis
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +1 min

1 seed Holger Rune of Denmark got past Argentina's Tomas Martin Etcheverry 6-1, 3-6, 7-6 (6) Friday to reach the semifinals of the Swiss Indoors Basel. But on the 13th point, Rune hit a dead netcord for a flukey, if fortunate, point. Hurkacz rallied past Dutch opponent Tallon Griekspoor 6-7 (6), 6-4, 6-4, while Humbert beat Swiss wild card Dominic Stricker 6-4, 2-6, 6-2. 1 seed Daniil Medvedev of Russia needing three sets to beat countryman and eighth seed Karen Khachanov 6-3, 3-6, 6-3 in the quarters. 2 seed Jannik Sinner of Italy won 32 of 38 first-service points (84.2 percent) to beat seventh-seeded American Frances Tiafoe 6-3, 6-4.

Persons: Holger Rune, Denmark, Argentina's Tomas Martin Etcheverry, Rune, Felix Auger, Alexander Shevchenko, Hubert Hurkacz, Ugo Humbert of France, Hurkacz, Tallon Griekspoor, Humbert, Dominic Stricker, Daniil Medvedev, Karen Khachanov, Medvedev, Stefanos Tsitsipas, Croatia's, Italy, Frances Tiafoe, Andrey Rublev, Alexander Zverev Organizations: Swiss Indoors Basel, Russian, Swiss, Erste Bank, Thomson Locations: Canadian, Poland, Vienna

☆ ATP roundup: Andrey Rublev wins in Vienna, lands Finals spot
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Rublev had 21 winners against six unforced errors while reaching the Finals for the fourth straight year. Arnaldi had 19 winners and 11 unforced errors. Croatian wild card Borna Gojo had 22 winners and five unforced errors while upsetting sixth-seeded Tommy Paul 6-3, 6-4. Shevchenko, from Russia, had 40 winners and just eight unforced errors while outlasting third-seeded Taylor Fritz 6-7 (7), 7-6 (6), 7-6 (5). Griekspoor of the Netherlands need just 84 minutes to complete a 6-4, 6-3 win over Australia's Alex de Minaur, the No.

Persons: Andrey Rublev, Russia's Daniil Medvedev, Brendan Mcdermid, Italy's Matteo Arnaldi, Rublev, Arnaldi, Daniil Medvedev, Medvedev, Bulgaria's Grigor Dimitrov, Sinner, Lorenzo Sonego, Gojo, Tommy Paul, Tsitsipas, Tomas Machac, Frances Tiafoe, France's Gael Monfils, Basel Dominic Stricker, Alexander Shevchenko, Tallon Griekspoor, Ugo Humbert, Casper Ruud of Norway, Taylor Fritz, Alex de Minaur, France's Humbert, Nicolas Jarry of, Holger Rune, Argentina's Sebastian Baez, Felix Auger, Botic van de Zandschulp Organizations: Russia's, Russia's Daniil Medvedev REUTERS, Erste Bank, France's Gael, Swiss, Basel, Shevchenko, Denmark, Thomson Locations: Flushing Meadows , New York, United States, Vienna, Croatian, Czech Republic, Switzerland, Stricker, Russia, Netherlands, Nicolas Jarry of Chile, Canada

☆ ATP roundup: Daniil Medvedev headlines day of sweeps at Vienna
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

Overall, Medvedev won 28 of 31 first-service points while collecting 16 winners against just three unforced errors. Sinner topped American Ben Shelton 7-6 (2), 7-5; Gojo ousted Russia's Aslan Karatsev 6-3, 6-3; and Monfils downed Daniel Altmaier of Germany 6-4, 6-4. In second-round action, fifth-seeded German Alexander Zverev downed Great Britain's Cameron Norrie 6-2, 6-4, while No. Swiss Indoors BaselArgentina's Tomas Martin Etcheverry rallied to beat Andy Murray of Great Britain 6-7 (5), 6-3, 6-2 in a second-round match at Basel, Switzerland. 4 seed Hurbert Hurkacz of Poland also won his second-round match, sweeping German Jan-Lennard Struff 6-1, 6-4.

Persons: Russia's Daniil Medvedev, Sebastian Korda, Aly, Daniil Medvedev, Frenchman Arthur Fils, Fils, Medvedev, Italy, Borna Gojo, Gael Monfils, Sinner, Ben Shelton, Gojo, Russia's Aslan Karatsev, Monfils, Daniel Altmaier, Alexander Zverev, Britain's Cameron Norrie, Karen Khachanov, Jiri Lehecka, Basel Argentina's Tomas Martin Etcheverry, Andy Murray of, Etcheverry, Murray, Lennard, Casper Ruud, Taylor Fritz, Felix Auger, France's Ugo Humbert Organizations: Shanghai, Sports City Arena, U.S, REUTERS, Erste Bank, Swiss, Basel Argentina's, Thomson Locations: Shanghai, China, Vienna, Croatian, Germany, Russia, Czech, Andy Murray of Great Britain, Basel, Switzerland, Poland

☆ ATP roundup: Top seed Holger Rune rallies in Basel
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

1 seed Holger Rune of Denmark bounced back from a rough first set to beat Serbia's Miomir Kecmanovic 1-6, 7-5, 6-3 in first-round action at the Swiss Indoors Basel on Tuesday. Rune overcame four double faults and 15 unforced errors by winning 30 of his 43 first-service points (69.8 percent). 4 seed Hubert Hurkacz of Poland beat Serbia's Dusan Lajovic 7-6 (2), 6-3, while fifth seed Alex de Minaur of Australia beat Diego Schwartzman of Argentina 6-4, 6-4. 4 seed Stefanos Tsitsipas of Greece beat home-country favorite Dominic Thiem 7-6 (5), 6-4 in the first round in Vienna, Austria. 3 seed Andrey Rublev of Russia defeated Australia's Alexei Popyrin 7-6 (5), 6-4, and American sixth seed Tommy Paul took care of Frenchman Alexandre Muller 6-3, 6-1.

Persons: Holger Rune, Brandon Nakashima, Aly, Denmark, Serbia's, Rune, Hubert Hurkacz, Serbia's Dusan Lajovic, Alex de Minaur, Diego Schwartzman, Nicolas Jarry of, Frenchman Adrian Mannarino, Tallon Griekspoor, Russian Alexander Shevchenko, Dominic Stricker, Dominic Thiem, Tsitsipas, Andrey Rublev, Australia's Alexei Popyrin, Tommy Paul, Frenchman Alexandre Muller, Frances Tiafoe, Daniel Evans of Great, Grigor Dimitrov of, Tomas Machac, Lorenzo Sonego Organizations: Shanghai, Sports City Arena, U.S, REUTERS, Swiss, Basel, Australia, Erste Bank, Russia, Thomson Locations: Shanghai, China, Poland, Argentina, Nicolas Jarry of Chile, Netherlands, Russian, Swiss, Greece, Vienna, Austria, American, U.S, Daniel Evans of Great Britain, Grigor Dimitrov of Bulgaria, Czech

☆ ATP roundup: Sebastian Korda sent packing early in Basel
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

Korda fired eight aces to Etcheverry's two and won 33 of 39 first-serve points (84.6 percent), but Etcheverry moved on after saving four of six break points and breaking Korda twice in three opportunities. Dutch qualifier Botic van de Zandschulp beat Spaniard Roberto Bautista Agut 7-5, 6-7 (3), 6-2 in three hours, three minutes. 5 seed Alexander Zverev of Germany made quick work of Austrian wild card Sebastian Ofner, winning 6-4, 6-1 in the first round in Vienna. 8 seed Karen Khachanov defeated Roman Safiullin 6-4, 6-4 in a match between Russians. Cameron Norrie of Great Britain, Matteo Arnaldi of Italy and Jiri Lehecka of the Czech Republic also advanced.

Persons: Sebastian Korda, Argentina's Francisco Cerundolo, Aly, Tomas Martin Etcheverry, Korda, Etcheverry, Botic van, Zandschulp, Roberto Bautista Agut, Andy Murray of Great, Germany's Yannick Hanfmann, Argentina's Sebastian Baez, Germany's Jan, Lennard Struff, Alexander Zverev, Sebastian Ofner, Ofner, Zverev, Karen Khachanov, Roman Safiullin, Cameron Norrie, Matteo Arnaldi, Jiri Lehecka Organizations: Shanghai, Sports City Arena, Swiss, Basel, Erste Bank, Austrian, Thomson Locations: Shanghai, China, Argentina, Germany, Vienna, Great Britain, Italy, Czech Republic

☆ Central Europe's policymakers double down on hawkish message
▼ + stars: | 2023-04-07 | by ( Jan Lopatka | ) www.reuters.com time to read: +5 min

As central Europe's central banks were faster than their major peers to hike rates, they had also been expected to lead the way in easing. That message was underlined on Thursday when February data showed industrial wage growth in the double digits. "We do not expect a rate hike," it said after the Czech policy meeting last week. CEE inflation pushing past a peakThe Polish central bank also struck somewhat hawkish tones at its news conference on Thursday after holding rates steady. Romania's central bank left rates unchanged on Tuesday and said inflation may come down faster than previously thought.

☆ ATP roundup: Daniil Medvedev rallies to title in Vienna
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

October 30 - Top-seeded Daniil Medvedev of Russia rallied to defeat Canada's Denis Shapovalov and win the Erste Bank Open on Sunday in Vienna, Austria. Medvedev saved six of nine break points and finished with 26 winners and 20 unforced errors. Shapovalov posted 38 winners and 31 unforced errors and finally succumbed on Medvedev's seventh match point. It is the fourth career tour-level title for Auger-Aliassime, 22, who hammered 11 aces, saved all three break points and finished with 34 winners and nine unforced errors. Rune posted 21 winners and only six unforced errors, but Auger-Aliassime came through with a crucial service break in the penultimate game of the match.

☆ ATP roundup: Carlos Alcaraz survives in Switzerland
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +1 min

1 Carlos Alcaraz of Spain survived an early scare to defeat Jack Draper of Great Britain 3-6, 6-2, 7-5 in the first round of the Swiss Indoors Basel on Monday in Switzerland. Draper fired nine aces to Alcaraz's one, but Alcaraz saved four of seven break points and converted four of nine break-point chances in order to advance. Fourth seed Marin Cilic of Croatia was less fortunate, losing to French qualifier Arthur Rinderknech 6-4, 3-6, 7-6 (5). He won 57 of his 70 first-service points (81 percent), saved four of five break points and rallied from behind 5-4 in the second-set tiebreaker. Rublev had seven aces, saved all three break points he faced and broke Schwartzman's serve four times.

☆ ATP roundup: Stan Wawrinka ousts Casper Ruud in Switzerland
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

[1/7] Aug 8, 2022; Montreal, Quebec, Canada; Stan Wawrinka (SUI) hits a shot against Emil Ruusuvuori (FIN) (not pictured) during first round play at IGA Stadium. David Kirouac-USA TODAY SportsOctober 25 - Playing in his home nation and on a protected ranking, 37-year-old Stan Wawrinka knocked out No. 2 seed Casper Ruud of Norway 6-4, 6-4 in the first round of the Swiss Indoors Basel on Tuesday in Switzerland. He saved all three break points he faced against Ruud, went 2-for-2 in break points converted and held a 9-5 edge in aces. In the second round, Thiem could face No.

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