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☆ Hayes hired in record deal to turn around U.S. women's soccer team
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +4 min

The 47-year-old from London is one of the game's most successful professional coaches, guiding Chelsea to 13 major trophies in her 11 seasons with the Women's Super League club. Hayes' deal with the U.S., which will reportedly run through at least 2027, will make her the highest paid women's soccer coach in the world, U.S. Soccer said on Tuesday. "This is a huge honour to be given the opportunity to coach the most incredible team in world football history," Hayes said in the statement announcing her appointment. Chelsea announced on Nov. 4 that Hayes would leave her job at the end of the Women's Super League season in May to pursue a new opportunity "outside the WSL and club football." Hayes replaces Vlatko Andonovski, who stepped down days after the Americans' shock defeat by Sweden in the last 16 of the 2023 Women's World Cup.

Persons: Emma Hayes, John Sibley, Hayes, Chelsea, I’ve, Twila Kilgore, Vlatko Andonovski, Emma, Cindy Parlow Cone, Laurence Stewart, Paul Winstanley, Andonovski, Megan Rapinoe, Lori Ewing, Rory Carroll, Amy Tennery, Ken Ferris Organizations: Soccer, League, Reading, Chelsea, Madejski, U.S, United, national soccer team, Women's Super League, USA, Super League, PARIS OLYMPICS, Paris Olympics, Paris Games, U.S . Soccer, . Soccer, FA, Thomson Locations: Reading, Britain, United States, London, Sweden, U.S, Chelsea, Los Angeles, New York

☆ Yandex's Yango in talks with Dutch watchdog over data protection
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

REUTERS/John Sibley/File Photo Acquire Licensing RightsCompanies Yandex NV FollowAMSTERDAM, Oct 12 (Reuters) - Yango, the ride-hailing app owned by Russian tech group Yandex NV (YNDX.O), said on Thursday it is in talks with the Dutch Data Protection Agency to demonstrate that it adheres to European rules on data transfer and storage. The Dutch Data Protection Agency on Thursday confirmed it is also investigating Yango. Yango said the Finnish and Norwegian probes showed "Yango's personal data processing does not pose any imminent threat to the fundamental rights and freedoms" of European users. "As we have always stated, data of Yango users cannot be obtained from the service by Russian authorities outside of the established international procedures, for example, involving Interpol." Yandex is in the process of trying to separate its core Russian businesses from the international operations registered in the Netherlands.

Persons: John Sibley, Yango, Toby Sterling, Jane Merriman Organizations: REUTERS, Russian, Dutch Data Protection Agency, Nasdaq, Interpol, Thomson Locations: London, Britain, AMSTERDAM, Russia, Netherlands

☆ Euro 2028 to be held in UK and the island of Ireland, with Turkey and Italy co-hosting 2032 edition
▼ + stars: | 2023-10-10 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

The bid from the UK and the island of Ireland stood unopposed after Turkey decided to withdraw its entry in order to co-host Euro 2032 with Italy. Euro 2028 will be held across 10 venues – six in England, one in Wales, one in Scotland, one in Northern Ireland and one in the Republic of Ireland. The stadiums included in the bid are Cardiff’s Principality Stadium, Wembley Stadium and Tottenham Hotspur Stadium in London, Manchester City’s Etihad Stadium, Newcastle’s St. James’ Park, Villa Park in Birmingham, Glasgow’s Hampden Park and Dublin’s Aviva Stadium. England and Scotland both staged games for Euro 2020, but 2028 will be the first time that Northern Ireland, Ireland and Wales host a major soccer tournament. John Sibley/Pool/Getty ImagesLondon’s Wembley Stadium hosted the Euro 2020 final between England and Italy, a match marred by fan trouble.

Persons: Aleksander Čeferin, James ’, John Sibley, Istanbul’s Organizations: CNN, European, UEFA, Republic of Ireland, Wembley Stadium, Tottenham Hotspur, Manchester City’s Etihad, Villa Park, Dublin’s Aviva, Casement, Wales, Italy, Wembley, Football Association, Istanbul’s Ataturk, League Locations: Republic of Ireland, Italy, Turkey, Ireland, England, Wales, Scotland, Northern Ireland, Republic of, Cardiff’s, London, Newcastle’s St, Villa, Birmingham, Belfast, Germany

☆ WSL set for most competitive season after influx of new talent
▼ + stars: | 2023-09-27 | by ( Christian Radnedge | ) www.reuters.com time to read: +5 min

The WSL had almost 100 players representing their nations at the recent World Cup, the most of any league in the world. Former Germany forward Pauline Bremer was the first of 10 new signings for Brighton & Hove Albion, who scraped survival last season. Former Arsenal midfielder Jill Roord returns to the WSL but this time at Manchester City as the only signing for Gareth Taylor's side. The Lionesses' triumph at Euro 2022 resulted in a 170% increase in attendances last season, the FA said. They are hoping for another bounce this year after England reached the World Cup final in Australia and New Zealand, as the WSL targets becoming the first billion-pound women's league in the world.

Persons: Chelsea's Magdalena Eriksson, John Sibley, Emma Hayes's, Carla Ward, Adriana Leon, Daphne van Domselaar, Ward, Pauline Bremer, Willie Kirk, Rose, Lize, we've, Hannah Cain, Robert Vilahamn, Captain Beth England, Martha Thomas, Jonas Eidevall's, Alessia Russo, Jill Roord, Gareth Taylor's, They've, Taylor, Russo, Mary Earps, Marc Skinner's, King Power, Christian, Toby Davis Organizations: Soccer, League, Reading, Chelsea, Madejski, Super League, Tottenham Hotspur, Aston Villa, WSL, Manchester United, Everton, Liverpool, West Ham United, Champions League, Brighton & Hove Albion, Leicester City, Tottenham, Sweden's BK Hacken, Spurs, Arsenal, England, Paris FC, Former Arsenal, Manchester City, Emirates, Bristol City, Ashton, Thomson Locations: Reading, Britain, Netherlands, Germany, Leicester, Sweden's, American, Scotland, ., Australia, New Zealand

☆ England women, FA reach agreement over bonuses, says Bright
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +3 min

The squad had initially paused discussions ahead of the Women's World Cup, where England finished runners-up after losing the final to Spain. But the FA's decision not to offer the England team bonus payments on top of the fees they will earn from FIFA had been a bone of contention in the build-up to the tournament. FIFA had announced a financial contribution specifically earmarked for all World Cup players, which meant the allocation per England squad member was $195,000 as they were runners-up. England manager Sarina Wiegman said she was expecting the agreement and looked forward to turning attention back to football. "The conversations had been going really well but the World Cup was ahead of us, so they needed to stop and then start up after the World Cup," she said.

Persons: Millie Bright, John Sibley, Bright, Leah Williamson, We've, We're, Sarina Wiegman, Rohith Nair, Ken Ferris Organizations: Soccer, UEFA Nations League, England Press, England, Football Association, Friday's Nations League, Scotland, FIFA, Reuters, Association, World, FA, Thomson Locations: George's, Burton, Trent, Britain, Spain, England, Bengaluru

☆ WSL confident of becoming first billion pound women's soccer league
▼ + stars: | 2023-09-18 | by ( Christian Radnedge | ) www.reuters.com time to read: +4 min

Soccer Football - Women's Super League - Reading v Chelsea - Madejski Stadium, Reading, Britain - May 27, 2023 Chelsea's Magdalena Eriksson celebrates with the trophy and team mates after winning the Women's Super League Action Images via Reuters/John Sibley/File Photo Acquire Licensing RightsLONDON, Sept 18 (Reuters) - England's Women's Super League is confident of becoming the first billion pound ($1.24 billion) women's soccer league in the world within 10 years, the chair of the WSL's board said ahead of the new season that begins next month. "One of the stated goals that we have is to make this league the first billion pound women's league in the world, that is league revenue and club revenue and there's no reason why we shouldn't do it," Airey told reporters at a launch day for the new WSL season in north west London. LOWER LEAGUESAirey also said they wanted a close relationship with the lower leagues and to avoid a revenue-governance split like the one between the men's Premier League and the lower tiers of the English Football League. The WSL will negotiate a new deal once the Premier League has agreed its new TV rights package, to avoid clashing publicity, Airey said. "The reality is the infrastructure isn't there in many of the women's games, so you're talking about a huge investment.

Persons: Chelsea's Magdalena Eriksson, John Sibley, Dawn Airey, Airey, Sue Campbell, we've, Dawn, Campbell, Christian Radnedge, Ken Ferris Organizations: Soccer, League, Reading, Chelsea, Madejski, The Football Association, men's Premier League, English Football League, BBC, Sky Sports, Premier League, Women's Football, FIFA, Saudi, Thomson Locations: Reading, Britain, London, Saudi, Saudi Arabia

☆ Flights to and from UK impacted by air traffic 'technical issue'
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

The new remote control tower is seen between traffic cones at London City Airport, Britain, April 29, 2021. REUTERS/John Sibley/File Photo Acquire Licensing RightsLONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was forced to restrict the flow of aircraft on Monday as it works to address a technical issue, it said, with airlines and airports warning of delays and cancellations. "We are currently experiencing a technical issue and have applied traffic flow restrictions to maintain safety. Engineers are working to find and fix the fault," a spokesperson said, adding that UK airspace was not closed. Earlier Scottish airline Loganair said on social media site X, previously known as Twitter, that there had been a network-wide failure of UK air traffic control computer systems, warning international flights may face delays.

Persons: John Sibley, Loganair, NATS, Kylie MacLellan, Mitch Phillips, Louise Heavens, Jason Neely, Alison Williams Organizations: London City Airport, REUTERS, Air Traffic Service, Engineers, Scottish, London Luton, Birmingham, British Airways, Dublin Airport, Reuters, Thomson Locations: Britain, Budapest

☆ Roberto Mancini named as Saudi Arabia’s national team coach
▼ + stars: | 2023-08-28 | by ( Matt Foster | ) edition.cnn.com time to read: +2 min

CNN —Roberto Mancini was announced as the new head coach of Saudi Arabia’s men’s team on Sunday, just two weeks after resigning as manager of his native Italy. John Sibley/Pool/Getty ImagesMancini was head coach of Italy for five years, winning the men’s European Championship with the team in 2021. At club level, Mancini has managed Inter Milan and Manchester City most notably, as well as a stint with Zenit St. Petersburg in Russia. Saudi Arabia’s men’s national team sprung one of the surprises of the 2022 World Cup, defeating eventual champion Argentina 2-1 in the group stage. Saudi Arabia’s next fixtures are against Costa Rica and South Korea in September.

Persons: CNN — Roberto Mancini, Saudi Arabia’s, Mancini, “, ” Both Mancini, ” Mancini, John Sibley, Cristiano Ronaldo, Neymar, Ballon d’Or, Karim Benzema, James ’, Mohammed bin Salman Organizations: CNN, Twitter, Saudi, Qatar, Inter Milan, Manchester City, Zenit St, Manchester City’s, English Premier League, men’s, eventual, Argentina, Saudi Pro League, Saudi Arabia’s, St, Newcastle United, Newcastle, Saudi Public Investment Fund Locations: Saudi, Italy, Europe, England, Ukraine, Petersburg, Russia, Costa Rica, South Korea, Gulf

☆ NatWest weighs clawing back bonus from former CEO Rose
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

The logo of NatWest Bank, part of the Royal Bank of Scotland group is seen outside a branch in Enfield, London Britain November 15, 2017. Rose stepped down on July 25 after admitting to a "serious error of judgment" in discussing Farage's relationship with NatWest-owned Coutts with a BBC journalist. Natwest said Rose would continue to earn a fixed salary and fixed share awards totalling 2.4 million pounds ($3.03 million), and pension contributions worth 10%, in line with her 12-month notice period and pending the outcome of the inquiry. "Like other employees where an investigation outcome is pending, Alison is currently receiving her fixed pay," a NatWest spokesperson said. The lender will pay new CEO Paul Thwaite 1.05 million pounds ($1.39 million) in fixed salary, just below the 1.16 million it paid Rose, in addition to a fixed share allowance of about 1.1 million pounds, NatWest said.

Persons: John Sibley, Alison Rose, Nigel Farage's, Rose, Coutts, Alison, Farage, Rose's, Paul Thwaite, Chandini, Lawrence White, Sinead Cruise, Sharon Singleton Organizations: NatWest Bank, Royal Bank of, Enfield , London Britain, REUTERS, NatWest, BBC, Natwest, Thomson Locations: Enfield , London, Bengaluru, London

☆ Arsenal defender Timber sidelined with ACL injury, set to undergo surgery
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

Soccer Football - Premier League - Arsenal v Nottingham Forest - Emirates Stadium, London, Britain - August 12, 2023 Arsenal's Jurrien Timber is substituted off after sustaining an injury Action Images via Reuters/John Sibley/File Photo Acquire Licensing RightsAug 16 (Reuters) - Arsenal's new signing Jurrien Timber will be sidelined due to a knee injury, the Premier League club said on Wednesday, with the Dutch international set to undergo surgery. "We can confirm that Jurrien Timber has sustained an injury to his anterior cruciate ligament in his right knee," Arsenal said in a statement. "Jurrien will undergo surgery in the coming days and will be out of action for a period of time. Arsenal next travel to face Crystal Palace on Monday. ($1 = 0.9158 euros)Reporting by Aadi Nair in Bengaluru, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: John Sibley, hobbled, Crystal, Aadi Nair, Pritha Sarkar Organizations: Soccer Football, Premier League, Arsenal, Nottingham Forest, Emirates, Dutch, Ajax Amsterdam, Thomson Locations: London, Britain, Bengaluru

☆ Australia digests 'hollow' Ashes retention in Manchester rain
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +2 min

"Rarely could the Ashes have been secured in more hollow circumstances, with almost two days of rain saving Australia from what appeared certain defeat," wrote Malcolm Conn in the Sydney Morning Herald. "Despite being robbed of victory by the weather, England have only themselves to blame for being on the wrong side of history," Conn added. "England were in charge of the first test at Edgbaston before the cult of Bazball resulted in an over-optimistic declaration and reckless batting." Gideon Haigh, writing in the Australian, was kinder to the English but equally wary of any sort of celebrations over the retention of the Ashes. Reporting by Nick Mulvenney; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: John Sibley SYDNEY, Malcolm Conn, Conn, Gideon Haigh, Haigh, Nick Mulvenney, Jamie Freed Organizations: England, Old, Old Trafford Cricket, Australia, Manchester, Sydney Morning Herald, Edgbaston, Thomson Locations: Australia, Old Trafford, Manchester, Britain, England, Edgbaston

☆ Commonwealth Games 2026 host Victoria, Australia pulls out over cost
▼ + stars: | 2023-07-17 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Brisbane, Australia CNN —The Australian state of Victoria has canceled plans to host the 2026 Commonwealth Games after the predicted cost of the international sporting event blew out three times original estimates, state authorities said Tuesday. That is all cost and no benefit.”The Commonwealth Games is a multi-sport event involving thousands of athletes representing 72 Commonwealth countries and territories, held every four years. In a statement Tuesday, the Commonwealth Games Federation said the decision was “hugely disappointing for the Commonwealth Sport Movement,” and suggested that Victorian authorities hadn’t previously raised cost concerns. John Sibley/Reuters/FILEThe Federation said decisions the state had made concerning sports and venues had “added considerable expense, often against the advice of the Commonwealth Games Federation (CGF) and Commonwealth Games Australia (CGA).”The Federation said it was “taking advice on the options available” and remained committed to finding a solution so the Games could go ahead. Instead of hosting the Games, Victoria will build at least 1,300 affordable homes and the permanent sporting facilities it had promised in an effort to boost regional tourism and events, Andrews said.

Persons: Premier Daniel Andrews, “ I’ve, ”, Victoria, hadn’t, Vanessa Amorosi, John Sibley, “, Andrews Organizations: Australia CNN, Premier, Commonwealth, Games, Commonwealth Games Federation, Commonwealth Sport Movement, Government, Commonwealth Games Australia, Geelong Locations: Brisbane, Australia, Victoria, Melbourne, Birmingham, England, Bendigo, Ballarat, Gippsland, Shepparton

☆ Djokovic to face Cachin in Wimbledon opener, Rybakina up against Rogers
▼ + stars: | 2023-06-30 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Friday's draw at the All England Club pitched women's top seed Iga Swiatek against China's 33rd-ranked Zhu Lin, a potentially tricky first hurdle for the Pole. Murray could face fifth seed Stefanos Tsitsipas in round two although first Tsitsipas must get passed former U.S. Open champion Dominic Thiem who has tumbled down the rankings. Russian third seed Daniil Medvedev, a potential semi-final opponent for Alcaraz, returns to Wimbledon with a first round against British wildcard Arthur Fery. The projected women's quarter-finals based on seedings would see Swiatek meet seventh seed Coco Gauff while third seed Rybakina could face Tunisia's Ons Jabeur. Djokovic, bidding for a record-extending 24th Grand Slam title, will face Cachin on Monday while Rybakina plays the traditional Tuesday Centre Court opener for women's defending champions.

Persons: Serbia's Novak Djokovic, Frances Tiafoe, John Sibley, Elena Rybakina, Shelby Rogers, Novak Djokovic, Pedro Cachin, Zhu Lin, Aryna Sabalenka, Hungarian Panna Udvardy, Venus Williams, Ukraine's Elina Svitolina, Andy Murray, Ryan Peniston, Murray, Stefanos, Dominic Thiem, Coco Gauff, Sofia Kenin, Djokovic, Roger Federer's, Spain's Carlos Alcaraz, Alcaraz, Frenchman Jeremy Chardy, Nick Kyrgios, David Goffin, Daniil Medvedev, Arthur Fery, Jessica Pegula, Holger Rune, Medvedev, Andrey Rublev, Casper Ruud, Cachin, Rybakina, Martyn Herman, Christian Radnedge Organizations: U.S, John Sibley LONDON, Wimbledon, Argentina's, All England, China's, Queen's, Belgian, British, Denmark's, Tsitsipas, women's, Thomson Locations: London, Britain, Belarusian, Ukraine, Hungarian, Russian

☆ Royal Ascot 2023: King Charles III to feature in first racing festival since Queen Elizabeth II’s death
▼ + stars: | 2023-06-20 | by ( Ben Church | ) edition.cnn.com time to read: +6 min

CNN —Britain’s King Charles III is set to feature prominently at this year’s Royal Ascot, as the race week bids to forge a new identity since the death of Queen Elizabeth II. Organizers are also determined to pay tribute to Queen Elizabeth II and have permanently renamed one of the races in her honor. “His Majesty The King has approved the renaming of the Platinum Jubilee Stakes to The Queen Elizabeth II Jubilee Stakes.”Queen Elizabeth II loved horse racing and attending Royal Ascot. Royal Ascot organizers are prepared for protesters bidding to disrupt the schedule this week. Frankie Dettori said he expects to cry during the last Royal Ascot of his career.

Persons: CNN — Britain’s King Charles III, Queen Elizabeth II, King Charles III, Queen Camilla, ” Francis Brooke, Max Mumby, King Charles, Queen Camilla –, –, “, ”, Frankie Dettori, John Sibley, I’m, ” Dettori, “ I’ve Organizations: CNN, Ascot, Ascot Racecourse, Royal, Stakes, Royal Ascot, Epsom Derby, Thames Valley Police, greyhounds, Ascot Royal, CNN’s Royal Locations: British, Thames, Italian

REUTERS/John Sibley/File PhotoLONDON, June 15 (Reuters) - Odey Asset Management is in advanced talks to move funds and staff to other asset managers as it grapples with the fallout of sexual misconduct allegations against its founder Crispin Odey. A spokesperson for the hedge fund declined further comment on Thursday. Hedge funds such as OAM rely on leverage from prime brokerage service providers to make their market bets. Without a prime broker, a hedge fund which needs to borrow stocks cannot function. A spokesperson for OAM also declined to comment on whether the moves signalled that the hedge fund would close.

Persons: Crispin Odey, John Sibley, Odey, Goldman Sachs, Morgan Stanley, JP Morgan, James Hanbury, Harriett Baldwin, Nell Mackenzie, Sinead Cruise, Dhara Ranasignhe, Alexander Smith Organizations: REUTERS, Odey, Management, Financial Times, Tortoise Media, Reuters, UBS, Authority, Asset Management, FCA, Treasury, Thomson Locations: Westminster, London, Britain

☆ UEFA condemn harassment of referee Taylor, Roma's Mourinho charged over abusive language
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +2 min

Taylor came under scrutiny following Roma's shootout loss to Sevilla in UEFA's second-tier final on Wednesday. The day after the match, videos circulated on social media showing English referee Taylor and his family being harassed by Roma fans at Budapest Airport. "UEFA vehemently condemns violent behaviour directed towards its referee Anthony Taylor and his family. Such actions are unacceptable and undermine the spirit of fair play and respect that UEFA upholds," UEFA said in a statement. It was yellow, yellow, yellow all the time."

Persons: Jose Mourinho, John Sibley, Anthony Taylor, Taylor, Taylor dishing, Mourinho, expletives, Gonzalo Montiel, Aadi Nair, Christian Radnedge, Pritha Organizations: Soccer, Europa, Sevilla, AS Roma, Puskas Arena, UEFA, Europa League, Serie, Roma, Budapest, Thomson Locations: Budapest, Hungary, UEFA's, Portuguese, Sevilla, Nashik, India

☆ Europa League kings Sevilla beat Roma on penalties to win seventh crown
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +4 min

The match was tetchy with referee Anthony Taylor dishing out 14 yellow cards, the most ever in a Europa League game, and playing almost 30 minutes of stoppage time in total. Their run to the final saw them beat PSV Eindhoven, Fenerbahce and Manchester United before downing Juventus in the semis. It was the third consecutive Europa League final that ended in a penalty shootout. The win means Sevilla will compete in next season's Champions League despite finishing outside the top four in the LaLiga. Mourinho had never lost a European final before Wednesday, having last year led Roma to the inaugural Europa Conference League title, becoming the first coach to win all the European trophies.

Persons: John Sibley, Montiel, Mourinho, Jose Mourinho, Sevilla, Gonzalo Montiel, Rui Patricio, Yassine Bounou, Gianluca Mancini, Roger Ibanez, Anthony Taylor dishing, Paulo Dybala, Mancini, Roma, Chris, Lucas Ocampos, Movistar, Fernando Kallas, Toby Davis Organizations: Soccer, Europa, Sevilla, AS Roma, Puskas Arena, Europa League REUTERS, BUDAPEST, Europa League thoroughbreds Sevilla, Roma, France, Europa League, Champions League, PSV Eindhoven, Fenerbahce, Manchester United, Juventus, League, inaugural Europa Conference League, Thomson Locations: Budapest, Hungary, Sevilla, Argentina, Spanish, Portuguese, Madrid

☆ London's Big Ben fails to bong as clock briefly stops
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Elizabeth Tower of the Houses of Parliament, commonly known as Big Ben, is seen in London, Britain, June 30, 2022. REUTERS/John SibleyLONDON, May 10 (Reuters) - London's famous Big Ben bell failed to chime on Wednesday when the dials of the Great Clock at Britain's Houses of Parliament briefly stopped working. "We are aware that the clock dials on the Elizabeth Tower were temporarily displaying the incorrect time on Wednesday afternoon," a spokesperson for parliament's lower house, the House of Commons, said. "Clock mechanics worked quickly to rectify the issue and the clock is now functioning as normal." The 13-tonne Big Ben bell was largely silenced for five years while a major restoration of the Elizabeth Tower took place, with the so-called 'bongs' finally resuming regular service in November 2022.

Her comments were echoed by others who feel the narrative shared by three top central banks of relatively cost-free disinflation rests on shaky ground. Among the Fed, ECB and BoE, only the British central bank projects a recession will be needed to slow inflation - only a mild one at that. U.S. central bank officials have split the difference, projecting a modest one-percentage-point rise in the unemployment rate this year from its near-historic low of 3.5%, and slow, but continued, economic growth. Martins Kazaks, Latvia's central bank chief, said the risk of a recession was still "non-trivial," with a host of factors still putting pressure on prices. For the Fed, different policymakers offer different ideas about the forces that will lower inflation as high interest rates slowly cool demand.

☆ UK lenders see weak mortgage lending, but no wider credit crunch: BoE
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +2 min

Lenders signalled that loan spreads - the additional interest that banks charge to borrowers over and above the market rate - were likely to narrow in the second quarter. The BoE said lenders plan to restrict the supply of secured lending to households in the second quarter, with mortgage approvals data already showing signs of a sharp slowdown. While that may weaken housing market activity in the months ahead, the survey showed lenders expect to increase the supply of consumer credit and maintain existing levels of corporate lending in the coming months. The quarterly Credit Conditions Survey also showed rising default rates across mortgages, consumer credit and corporate loans during the first quarter. Lenders expected them to rise further in the second quarter.

☆ NatWest lifts staff pay after cost of living backlash
▼ + stars: | 2022-12-01 | by ( Iain Withers | ) www.reuters.com time to read: +3 min

[1/3] The logo of NatWest Bank, part of the Royal Bank of Scotland group is seen outside a branch in Enfield, London Britain November 15, 2017. Britain's biggest domestic bank Lloyds offered a similar deal of a minimum 2,000 pound pay rise earlier this month. NatWest's shares plunged as much as 10% when it warned of rising costs next year in its third-quarter results on Oct 28, which Rose put down to the need to pay staff more. Pay offers for staff on higher pay bands in Britain were not included in the negotiations with unions. NatWest staff based overseas will be offered the local cash equivalent of the 1,000 pounds lump sum planned in Britain, the memo added.

☆ Belgium knocked out of World Cup after goalless draw with Croatia
▼ + stars: | 2022-12-01 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —Belgium was knocked out of the 2022 World Cup on Thursday after a goalless draw with Croatia left it third in Group F.In what was a frustrating evening for the Red Devils, both Romelu Lukaku and Yannick Carrasco spurned good opportunities to score the goal which would have sent Belgium through. For Belgium, it is another disappointing end to an international tournament, but manager Roberto Martínez said afterward that Belgium can go home with its “heads held high.”“It’s not easy to win games in the World Cup. We’re out, but we can leave with our heads held high.”Belgium's Timothy Castagne looks dejected after being eliminated from the World Cup. After the break and following the introduction of Inter Milan striker Lukaku, Belgium increased the tempo as it pressed for a vital goal – Lukaku heading straight into the arms of Croatia goalkeeper Dominik Livaković. In the previous World Cup, we won three games in the group stage, we wanted to go all the way.”

☆ Arsenal return to top, Salah earns Liverpool win at Spurs
▼ + stars: | 2022-11-06 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

A second-half goal by Brazilian defender Gabriel earned Mikel Arteta's side their 11th win in 13 league games and they have now beaten Tottenham Hotspur, Liverpool and Chelsea. Gabriel's 63rd minute toe-poke by Gabriel was enough to lift Arsenal to 34 points from 13 games. "We're not in a fantastic moment as we speak and in the end Arsenal deserved to win because they were the better team overall," Potter said. But despite constant pressure they could not equalise as Liverpool held on for their first away league win of the season. Tottenham are in fourth place with 26 points from 14 games while Liverpool rose to eighth with 19 points.

☆ De Bruyne puts Manchester City top, Liverpool suffer shock defeat
▼ + stars: | 2022-10-29 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

Liverpool's second successive defeat against a team in the bottom three, following last week's reverse at Nottingham Forest, left them in ninth place, eight points off the top four. Chelsea also lost ground as Graham Potter's return to Brighton & Hove Albion ended in a 4-1 hammering. Manchester City have 29 points from 12 games, one point more than Arsenal who host bottom club Nottingham Forest on Sunday. Spurs moved to 26 points from 13 games with Newcastle, who have lost only once all season, on 24. Fulham could have moved level on points with Chelsea but were held to a 0-0 draw at home to Everton.

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