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☆ An 'artificial sun' achieved a record-breaking fusion experiment, bringing us closer to clean, limitless energy
▼ + stars: | 2024-05-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

A fusion reactor in southern France achieved a significant milestone toward clean, limitless energy. The fusion reactor, WEST, created a super-hot plasma and sustained it for a record-breaking 6 minutes. AdvertisementA fusion reactor in southern France, called WEST, just achieved an important milestone that brings us one step closer to clean, sustainable, nearly limitless energy. Fusion energy is more powerful than any form of energy we have today. Commercial fusion energy is still likely decades away, but Delgado-Aparicio thinks they're making steps toward "this big goal of giving energy to humankind."

Persons: —, Luis Delgado, Aparicio, PPPL's, they're, Roux, it's, Delgado, PPPL, Julian Stratenschulte, Tullio Barbui, Novimir Pablant, Delgadot, KSTAR Organizations: WEST, Service, New, Princeton Plasma Physics, NASA Solar Dynamics, CEA, Roux WEST, Getty, Atomic Energy Commission, ITER, Commonwealth Fusion Systems, SPARC Locations: France, Princeton, French

☆ Kim Aris: Aung San Suu Kyi’s son casts doubt on reports Myanmar former leader has been moved from prison
▼ + stars: | 2024-04-23 | by ( Helen Regan | ) edition.cnn.com time to read: +13 min

Drn/Getty Images Suu Kyi, front center, is seen with her parents and her two elder brothers in 1947. Kyodo News Stills/Getty Images Suu Kyi poses with Burmese comedian Par Par Lay, who was part of the pro-democracy act "The Moustache Brothers." Soe Than Win/AFP/Getty Images Suu Kyi meets US Secretary of State Hillary Clinton at Suu Kyi's residence in Yangon in 2011. Peter Muhly/AFP/Getty Images Suu Kyi is presented with the Congressional Gold Medal while visiting the US Capitol in 2012. U Aung/Xinhua News Agency/Getty Images Suu Kyi addresses the United Nations General Assembly in New York in 2016.

Persons: Aung, Suu, ”, Kim Aris, Suu Kyi, she’s, ” Aris, CNN’s Anna Coren, “, Michael Aris, ” “, Zaw Min Tun, Min Aung Hlaing, Aris, they’ve, Ma Khin Kyi, Par, Karl Malakunas, David Brunnstrom, Jonathan Karp, Price, Luis D'Orey, David Van Der Veen, Jonathan Utz, Michael Wolf, Pornchai Kittiwongsakul, Soe, Hillary Clinton, Paula Bronstein, Minzayar Oo, Kyi, Bono, Peter Muhly, Alex Wong, Barack Obama, Obama, Brendan Smialowski, Chris Ison, Ragnar Singsaas, Romeo Gacad, Lauren DeCicca, Lam Yik Fei, Htin Kyaw, Aung Naing, Min Aung, Aung Htet, Kyaw, Jewel SamadD, John Kerry, Jonathan Ernst, Reuters Suu Kyi, Heath Mitchell, Pope Francis, Elizabeth II, John Stillwell, Mike Pence, Bernat, Myanmar's, Koen Van Weel, ’ Aris, I’d, Suu Kyi’s NLD Organizations: CNN, Aung, National League for Democracy, Aris, Reuters, Burma Independence Army, Kyodo, Stills, Oxford University, Getty, Embassy, Suu Kyi, Panos, Congressional, Capitol, Suu, Xinhua News Agency, United Nations General Assembly, National Park Service, Palace, ASEAN, Court of Justice, Association for Political, United Nations Locations: Myanmar, Britain, Rangoon, Yangon, Myanmar’s, Zaw, heatstroke, Naypyidaw, India, Par Par Lay, England, AFP, Bangkok, Thailand, Bagan, Pathein, Camberley, Oslo, Norway, Kawhmu, New York, Washington ,, Washington, DC, Singapore, Gambia, “, Burma, doesn’t

Watch out, Premier League. Make it 12 times that De Bruyne has set up Haaland for a goal since they started playing together at the beginning of last season following the striker's move to England. No other Premier League partnership has delivered that many goals in this period. Vincent Kompany, the Man City great in charge of Burnley, couldn't do his old club a favor. In other results, Fulham beat Bournemouth 3-1, Ivan Toney scored again as Brentford won 2-0 at Wolverhampton and last-place Sheffield United won for just the third time this season, 3-1 at relegation rival Luton.

Persons: Erling Haaland, Kevin De Bruyne —, —, Bruyne, pouncing, Diogo Jota, Luis Diaz, Darwin Nunez —, Mohamed Salah, Vincent Kompany, couldn't, Trent Alexander, Arnold, Son Heung, Brennan Johnson, Ivan Toney, ___ Steve Douglas Organizations: Premier League, Manchester, Everton, Liverpool, Burnley, Anfield, Arsenal, Asian, Tottenham, Brighton, Fulham, Bournemouth, Brentford, Wolverhampton, Sheffield United, Luton Locations: England, Haaland, Liverpool, Burnley, South Korea, ___

But in a brief statement issued just minutes before midnight, both sides said that they have extended the cease-fire for 180 days. The statement says the National Liberation Army, known by its Spanish acronym ELN, will “temporarily and unilaterally suspend economic detentions” in order to contribute to the cease-fire. A cease-fire between the government and ELN started in August, and has reduced fighting between both sides. According to Colombia’s Defense Ministry, the National Liberation Army is holding at least 38 hostages. Monday’s statement said that the conditions under which the rebels will cease kidnappings will continue to be discussed in an upcoming round of talks in April.

Persons: —, ELN, “, Otty, Gustavo Petro, Luis Díaz Organizations: National Liberation Army, Revolutionary Armed Forces, Colombia’s Defense Ministry Locations: BOGOTA, Colombia, extorsion

☆ Darwin Núñez: Liverpool striker continues to split opinion after setting unwanted Premier League record in Reds’ win
▼ + stars: | 2024-02-01 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Since joining Liverpool in 2022, Darwin Núñez has continued to be an entertaining, yet polarizing presence in the English Premier League. This juxtaposition was on full display in Livepool’s league win against Chelsea on Wednesday, where Núñez missed a penalty, made a wonderful assist and then set an unwanted record. Two of those missed chances were brilliant efforts from the striker, but the other two were opportunities he really should have converted. Despite the missed chances, Núñez did pop up with a brilliant assist for Luis Díaz who made it 4-1 to the six-time European champions. When asked about his striker’s performance after the game, Liverpool manager Jürgen Klopp tried to put a positive spin on it.

Persons: Darwin Núñez, Núñez, –, Luis Díaz, Jürgen Klopp, ” Klopp, ” Núñez, couldn't, Clive Brunskill, Manchester City’s Erling Haaland, serenading, “, Rio Ferdinand Organizations: CNN, Liverpool, English Premier League, Chelsea, Reds, Premier League, Manchester, Manchester United, TNT Sports, ”, Premier League –, Manchester City Locations: Uruguayan, Liverpool

☆ Oil prices fall 1% after surprise US storage build
▼ + stars: | 2024-01-10 | by ( ) www.cnbc.com time to read: +2 min

Oil prices fell nearly a dollar a barrel on Wednesday after a surprise jump in U.S. crude stockpiles raised worries about demand in the largest oil market. Global benchmark Brent crude oil futures settled 79 cents, or 1%, to $76.80 a barrel. Early in the session, both contracts had risen by more than a dollar before the U.S. Energy Information Administration reported a surprise build in crude oil stockpiles and larger-than-expected jumps in storage of gasoline and distillates. Gasoline stocks rose by 8 million barrels while distillate stocks jumped by 6.5 million barrels, the EIA reported. Europe's weak economic outlook also added to oil demand concerns.

Persons: Rob Haworth, Haworth, Luis de Guindos, majeure Organizations: U.S . West Texas, Brent, U.S . Energy Information Administration, U.S, Bank Asset Management, EIA, European Central Bank, National Oil Corporation Locations: Nolan , Texas, U.S, Israel

☆ Cash versus bonds? Pros weigh what to buy for the next 2 years and beyond
▼ + stars: | 2023-11-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

That's quite similar to what investors can get on government bonds, while high-quality corporate bonds yield more nearly 6.5% in the U.S. and U.K., and 4.6% in Europe. Here's what the pros say on how to invest within the fixed income space — cash or bonds — in the next two years and beyond. Schroders' Head of Strategic Research Duncan Lamont also stated his preference for bonds, saying that putting your money in cash means being exposed to interest rate fluctuations. And those rates are higher than cash — at 6.2% for corporate bonds with an average maturity of three years, and 6.5% on high-quality U.S. corporate bonds with an average tenure of 10 years, noted Lamont. "Fixed income is experiencing greater inflows than equities in the US and the same trend relative to cash in Europe.

Persons: Schroders, Luis D, Alvarado, Duncan Lamont, Lamont, Ashish Shah Organizations: Wells, Wells Fargo Investment Institute, Fed, CNBC Pro, Strategic, U.S . Federal, Goldman, Management, Goldman Sachs Asset Management Locations: U.S, Europe, Wells Fargo

Díaz’s parents - Luis Manuel Díaz Jiménez and Cilenis Marulanda — were kidnapped by a unit of the ELN at a gas station by armed men on motorcycles. Marulanda was rescued by police a few hours later, but Díaz’s father was held captive for 12 days by the ELN. Prosecutors said in a statement that Alcires Bolivar was a merchant in La Guajira who had been contacted by a member of the ELN to help him kidnap Díaz’s parents. After the kidnapping, special forces were deployed to search for Díaz’s father in a mountain range that straddles Colombia and Venezuela. The ELN acknowledged the kidnapping, saying it was a mistake and that its top leadership had ordered the father’s release.

Persons: Luis Díaz, Colombia’s, Andrés Alcires Bolívar, Marlon Rafael Brito, Díaz’s, Luis Manuel Díaz Jiménez, Marulanda —, Marulanda, Alcires Bolivar, “, Rafael Brito, Díaz, ELN Organizations: Liverpool, National Liberation Army, Catholic Church, United Nations, Prosecutors, Barrancas Council, national soccer team, Police Locations: BOGOTA, Colombia, Barrancas, La Guajira, Colombia’s, Venezuela

☆ ECB should not set policy based on profit concerns: de Guindos
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

European Central Bank (ECB) Vice-President Luis de Guindos arrives at the Presidential Palace for a meeting with Cyprus President Nikos Christodoulides in Nicosia, Cyprus, October 4, 2023. REUTERS/Yiannis Kourtoglou/File Photo Acquire Licensing RightsFRANKFURT, Nov 29 (Reuters) - The European Central Bank should not set policy based on consideration about its own profitability or the profits earned by banks, ECB Vice President Luis de Guindos said in a newspaper interview, weighing in on a disagreement between policymakers. Some ECB governors are keen to increase unremunerated minimum reserve requirements for lenders in part to lower the losses the central bank is set to make on having to pay record high rates on excess liquidity. "I understand that remuneration of reserves is important for some banks, but monetary policy shouldn’t be driven by the financial position of banks or the profits of the central banks," de Guindos told Belgian newspapers De Standaard and La Libre Belgique in an interview. Reporting by Balazs Koranyi; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Luis de Guindos, Nikos Christodoulides, Yiannis, de Guindos, Balazs Koranyi, Andrew Heavens Organizations: European Central Bank, Cyprus, REUTERS, Rights, ECB, La Libre Belgique, Thomson Locations: Nicosia, Cyprus, Belgian, La

☆ El Salvador's president asks for leave of absence to seek reelection
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] El Salvador's President Nayib Bukele speaks during the inauguration of the 3 de Febrero hydroelectric power plant in San Luis de La Reina, El Salvador October 19, 2023. REUTERS/Jose Cabezas/File Photo Acquire Licensing RightsSAN SALVADOR, Nov 28 (Reuters) - Salvadoran President Nayib Bukele announced on Tuesday he will formally ask Congress to approve a leave of absence over the next few days to allow him to run for reelection as president of the Central American nation next year. In a televised speech, Bukele said he is formally requesting the leave of absence "to dedicate myself to the campaign," but he did not name his temporary replacement in his brief remarks. While critics question Bukele's ability to seek a second consecutive term, citing a constitutional prohibition, the country's top court ruled he could run in 2021. The judges on that court were appointed by Congress, which is dominated by Bukele's New Ideas party.

Persons: Nayib Bukele, San Luis de La, Jose Cabezas, Bukele, Nelson Renteria, David Alire Garcia Organizations: El, San Luis de La Reina, REUTERS, SALVADOR, Central American, Congress, Bukele's, Thomson Locations: San Luis, El Salvador

☆ Morning Bid: Giving thanks you're not in China stocks
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. A four-day ceasefire between Israel and Hamas appeared to be holding shakily on Friday with no major reports of attacks, although both sides were accused of violations. The decline marked yet another investor shrug at reports of further official moves to shore up China's ailing property sector. In Europe, data showed Germany's economy shrank slightly in the third quarter, confirming an initial estimate of a 0.1% fall. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, shrug, didn't, Christian Lindner, Geert Wilders, Luis de Guindos, Pablo Hernandez de Cos, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Stock, Mainland Properties, Bloomberg, Nvidia, Finance, Britain's Barclays, Central Bank, Bank of Spain, PMI Reuters Graphics Reuters, Reuters, Thomson Locations: New York City, U.S, Wall, Israel, OPEC, United States, Friday's, Beijing, Taiwan, China, Europe, British

☆ European Central Bank VP says escalation in geopolitical risk could spark market correction
▼ + stars: | 2023-11-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Markets may be failing to fully price in risks from geopolitics and the economic outlook — and the European Central Bank is monitoring this as a potential threat to financial stability, the group's vice-president said Wednesday. He added, "This is one of the main elements that we believe now could produce volatility in the financial landscape." He was discussing the release of the central bank's Financial Stability Review for November, which tackles the challenges of a "soft landing" that brings down inflation without significant economic damage. However, it says risks to financial stability remain "elevated," as attention is now on the knock-on effects of tight financial and credit conditions on borrowers, and a correction in real estate markets. Nevertheless, because of base effects we will have some increase in inflation over the next months," de Guindos said.

Persons: Luis de Guindos, CNBC's Annette Weisbach, de Guindos Organizations: European Central Bank, ECB

MADRID (AP) — The latest international break is proving costly for several European clubs, including Spanish powerhouses Barcelona and Real Madrid. Both teams will be depleted by the injury absences of important players affected by the “FIFA virus” while on duty with their national teams. Media in Spain and other countries refer to injuries sustained on international duty as the “FIFA virus.” And the injury to Gavi is another example. Camavinga started all four of Madrid’s Champions League games and appeared in all 13 of its Spanish league matches this season. FIFA approved its insurance program for clubs when Bayern Munich official Karl-Heinz Rummenigge complained after Arjen Robben got injured with the Netherlands at the 2010 World Cup in South Africa.

Persons: Vinícius Júnior, Eduardo Camavinga, Gavi, Erling Haaland's, Germain wasn't, Warren Zaïre, Emery, André Onana, Alessandro Bastoni, ”, Ferran Torres, Luis de la Fuente, De la Fuente, “, la Fuente, Xavi, Vinícius, Carlo Ancelotti, Camavinga, Mikel Oyarzabal —, Victor Osimhen hasn’t, Karl, Heinz Rummenigge, Arjen Robben, Graham Dunbar, ___ Organizations: MADRID, Spanish, Barcelona, Real Madrid, FIFA, European, Georgia, Premier League, Manchester City, Paris Saint, . Manchester United, Inter Milan, Media, Marca, Cyprus, Champions League, Madrid, French national, Madrid’s Champions League, Real Sociedad, Napoli, Bayern Munich, Club Protection, AP Sports Locations: Madrid, Brazil, France, Barcelona, Spain, Norway, Paris, Gibraltar, Italy, Gavi, Spanish, Colombia, Nigeria, Howden, Qatar, Netherlands, South Africa, Geneva

☆ Luis Díaz inspires Colombia to emotional victory as his father watches from stands after kidnap release
▼ + stars: | 2023-11-17 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Luis Díaz scored two goals to help Colombia stun Brazil in a World Cup qualifier on Thursday, as his father watched on from the stands just a week after being released by kidnappers. On October 28, Díaz Sr. was abducted along with his wife, Cilenis Marulanda, by ELN gunmen in his hometown of Barrancas, northeastern Colombia. Marulanda was rescued later that day, but Díaz Sr. was handed over just under two weeks later to a mixed commission of UN personnel and Catholic priests on Thursday in nearby city Valledupar. Footage once again showed Díaz Sr. passionately celebrating with tears in his eyes. The five-time World Cup champion has now slipped to fifth in the qualifying standings, with Colombia up to third.

Persons: CNN — Luis Díaz, Luis Manuel Díaz, Díaz, Cilenis, Marulanda, Gabriel Martinelli, Allison, Luis Díaz, Juan Barreto, “ I’m, ” Díaz, –, Ronald Araújo, Darwin, Lionel Messi, Ballon, “, ” Messi, TyC Organizations: CNN, Estadio Metropolitano, UN, Liverpool, Brazil, Getty, BBC Sport, Messi’s, TyC Sports, Reuters, “, ”, FIFA Locations: Colombia, Brazil, Barrancas, Valledupar, Barranquilla, Brazilian, AFP, Messi’s Argentina, Argentina, Uruguay, Saudi Arabia, ” Argentina

☆ Colombia fight back to shock Brazil, Uruguay beat Messi's Argentina
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

Nov 17 (Reuters) - Brazil lost their second consecutive World Cup qualifier match as Colombia fought back to win 2-1 against the five-times champions, who dropped to fifth place in the South American standings on Thursday. Brazil started well and dominated early proceedings, taking the lead in the fourth minute through a strike by Gabriel Martinelli, assisted by Vinicius Jr.'s fine first touch pass. Diaz burst into tears as he dedicated the win to his father who was celebrating emotionally in the stands. Goals in each half from Ronald Araujo and Darwin Nunez gave Uruguay victory over Lionel Messi's Argentina in a nervy affair at the World Cup champions' Bombonera stadium in Buenos Aires. The visitors were the better side from start to finish and the win put them second in the standings on 10 points, two behind Argentina.

Persons: Luis Diaz, Gabriel Martinelli, Vinicius Jr, Alisson, Diaz, Ronald Araujo, Darwin Nunez, Lionel Messi's, Araujo, Emiliano Martinezm, Nunez, mightily, Messi, TyC, Fernando Kallas, Michael Perry, Simon Cameron, Moore Organizations: Liverpool, Real Madrid, Metropolitano, Argentina, URUGUAY OUTCLASS WORLD, BUENOS AIRES, South America, Uruguay, World, TyC Sports, Thomson Locations: Brazil, Colombia, Barranquilla, Rio de Janeiro, URUGUAY, BUENOS, BUENOS AIRES Argentina, Uruguay, Lionel Messi's Argentina, Buenos Aires, Venezuela, Ecuador

☆ Morning Bid: Ebbing oil sustains economic glow
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +6 min

Word "Oil" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. That drop, which takes annual producer price inflation as low as 1.3%, was driven largely by falling gasoline prices. And that meets news that China's oil refinery throughput fell back in October as industrial fuel demand weakened. The overall energy and inflation picture is helping buoy consumption and stokes the 'soft landing' narrative investors are betting on. The picture in overseas markets, where the economic picture is cloudier, was more mixed.

Persons: magnifier, Dado Ruvic, Mike Dolan, stokes, Mary Daly, Joe Biden, Xi Jinping, Xi, Biden, Washington, Christopher Waller, Lisa Cook, John Williams, Michael Barr, Loretta Mester, Christine Lagarde, Luis de Guindos, Andrea Enria, Dave Ramsden, Andres Manuel Lopez Obrador, Alexander Smith Organizations: REUTERS, U.S . Energy Information Administration, Walmart, Federal, San Francisco Fed, Treasury, U.S . Senate, Philadelphia Fed, Kansas City Fed, Applied, Ross Stores, Federal Reserve, Lisa Cook , New York Fed, Cleveland Fed, European Central Bank, Bank of England, New York Federal Reserve, Insider Intelligence, Reuters Graphics, Thomson, Reuters Locations: U.S, United States, China . U.S, Target, San Francisco, Taiwan, China, Kansas, Treasuries, Lisa Cook , New, Franciso, Reuters Graphics China

☆ Morning Bid: Consumers in focus as Walmart reports
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in European and global markets from Vidya Ranganathan. Thursday's corporate calendar features a host of earnings reports that will shine further light on the health of the global consumer, as U.S. retailers Walmart (WMT.N), Bath & Body Works and Macy's (M.N) report earnings. Expectations for Walmart ride high after peer Target (TGT.N) surged by almost a fifth on Wednesday in the wake of its consensus-beating holiday sales forecast and upbeat view of its supply chain. Figures on Wednesday showed U.S. producer prices fell at their fastest pace since April 2020, and UK consumer inflation undershot all forecasts. Reuters GraphicsMeanwhile in Asia, Japan's exports are struggling due to slumping China-bound shipments of chips and steel.

Persons: Vidya Ranganathan, Eddie Wu, Christine Lagarde, Jerome Powell, What's, Joe Biden, Xi Jinping, England's Randall Kroszner, ECB's Christine Lagarde, Luis de Guindos, Fed's Loretta Mester, John Williams, Michael Barr, Jacqueline Wong Organizations: Vidya, Walmart, Body, Insider Intelligence, U.S, Bank, Events, Applied Materials, Siemens, SQM, Thomson Locations: U.S, Asia, China, San Francisco, Bath, France

BARRANQUILLA, Colombia (AP) — Days after he was released by kidnappers, the father of Colombia striker Luis Díaz was in tears on Thursday after he watched his son score both goals in a 2-1 win over Brazil in a World Cup qualifying match. Luis Manuel Díaz was held captive for 12 days in a mountainous region by the ELN guerrilla group. So is soccer and so is life," Luis Díaz said after the match. It was Colombia's first win against Brazil in World Cup qualifying in 15 matches. This is beyond soccer, he deserves it,” said Brazil goalkeeper Alisson, a teammate of Díaz at Liverpool.

Persons: Luis Díaz, Luis Manuel Díaz, Cilenis, “, ” Díaz, ”, Alisson, ___ Organizations: Brazil, Metropolitano Locations: BARRANQUILLA, Colombia, Brazil, Liverpool, Barrancas, Venezuelan, Díaz, Paraguay

☆ Spain close in on top spot with Cyprus win
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Nov 16 (Reuters) - Spain closed in on clinching top spot in their Euro 2024 qualifying Group A when they strolled to a 3-1 away win against Cyprus on Thursday. Happy to help the team and for the beautiful goal," Yamal said. "To play football is very difficult and it's difficult to win comfortably, scoring a lot of goals," said De La Fuente. "The opponent also play and they want to please their fans, so we need to be focus all the time. "In the second half we didn't play as well as we did in the first and they had their chances later on.

Persons: Luis de la Fuente, Yamal, Barcelona wonderkid, Mikel Oyarzabal, Joselu, Kostas Pileas, De La Fuente, Fernando Kallas, Julien Pretot Organizations: Cyprus, Spain, Barcelona, Real Sociedad, Real, Thomson Locations: Spain, Scotland, Georgia, Cyprus, Real Madrid

☆ Liverpool's Diaz meets father first time since latter's kidnapping
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

[1/4] Luis Manuel Diaz, father of Liverpool player Luis Diaz, arrives to attend a thanksgiving mass at Santa Marta church, after he was freed by Colombia's National Liberation Army (ELN), in Barrancas, Colombia November 12, 2023. NO ARCHIVES Acquire Licensing RightsNov 14 (Reuters) - Liverpool and Colombia winger Luis Diaz has reunited with his father for the first time since the latter's kidnapping ordeal, the Colombian football federation said on Tuesday. Luis Manuel Diaz, 58, was released on Thursday by the leftist National Liberation Army (ELN) 12 days after he was taken hostage on Oct. 28 in Barrancas, a rural municipality where he lives in the northern province of La Guajira. The Colombian FA shared pictures of the father and son's emotional reunion on X, formerly known as Twitter, with the caption "we are family." Diaz's father has said he would remain in Colombia despite his difficult kidnapping experience.

Persons: Luis Manuel Diaz, Liverpool, Luis Diaz, Chiranjit, Christian Radnedge Organizations: Colombia's National Liberation Army, REUTERS, Colombian, National Liberation Army, Liverpool, Sunday's Premier League, Brentford, Brazil, Colombian FA, Thomson Locations: Santa Marta, Barrancas, Colombia, Liverpool, La Guajira, Bengaluru

☆ Euro zone Q3 GDP shrinks, but employment rises
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsBRUSSELS, Nov 14 (Reuters) - The euro zone economy contracted marginally quarter-on-quarter in the third quarter, a new estimate confirmed on Tuesday underlining expectations of a technical recession if the fourth quarter turns out equally weak, but employment still rose. The European Union's statistics office Eurostat confirmed its estimate from Oct 31 that gross domestic product in the 20 countries sharing the euro fell 0.1% quarter-on-quarter in the July-September period for a 0.1% year-on-year rise. European Central Bank vice president Luis de Guindos said last week the euro zone economy was likely to contract slightly or at best stagnate in the fourth quarter after business activity data for October showed further weakening of demand in the dominant services industry. But contrary to the usual trend when the economy weakens, employment in the euro zone rose 0.3% quarter-on-quarter in the same period, for a 1.4% year-on-year increase. The growth slump is caused by strong headwinds from high inflation and record high interest rates as well as the slowly tightening fiscal policy.

Persons: Fabian Bimmer, Luis de Guindos, De Guindos, Jan Strupczewski Organizations: Shipping, REUTERS, Rights, European Central Bank, ECB, Thomson Locations: Hamburg, Germany, Rights BRUSSELS, France, Spain, Belgium, Italy, Austria, Portugal, Ireland, Estonia, Lithuania

☆ Euro zone should not ease bank buffers, ECB says
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

European Central Bank (ECB) Vice-President Luis de Guindos arrives at the Presidential Palace for a meeting with Cyprus President Nikos Christodoulides in Nicosia, Cyprus, October 4, 2023. REUTERS/Yiannis Kourtoglou/File Photo Acquire Licensing RightsFRANKFURT, Nov 13 (Reuters) - Euro zone economic growth will remain weak in the near term as services and the labour market weaken but nations in the bloc should not free discretionary bank buffers to ease the pain, European Central Bank Vice President Luis de Guindos said. A potential concern is that the euro zone economy has been broadly stagnating all year and any recovery next year will be shallow, keeping growth below 1%. "It is likely that the euro area economy will remain subdued in the near term." On the prospects for interest rates, de Guindos said the ECB would have more information in December "to reassess the inflation outlook and required policy action".

Persons: Luis de Guindos, Nikos Christodoulides, Yiannis, de Guindos, Guindos, Balazs Koranyi, Francesco Canepa, Emelia Sithole Organizations: European Central Bank, Cyprus, REUTERS, Rights, ECB, Thomson Locations: Nicosia, Cyprus, Germany, France, Netherlands

☆ Morning Bid: Chip stocks cheered while the rest retreat
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 30, 2023. Monthly retail sales data is due on Wednesday but the country's Singles Day shopping extraganza over the weekend - equivalent to Black Friday sales elsewhere - recorded only meagre growth. A sub-index of tech shares remained firmly positive but another of mainland property developers slumped more than 1%. U.S. retail sales data is also due on Wednesday, preceded by CPI a day earlier. ECB President Christine Lagarde last week said that rates will stay restrictive at least for several quarters.

Persons: Kevin Buckland Chip, Christine Lagarde, Luis de Guindos, Catherine L, Mann, Huw Pill, BoE's Mann, Sweden SEB, Kevin Buckland, Edmund Klamann Organizations: REUTERS, Staff, Wall, Reuters, Nikkei, CPI, Federal Reserve, Finance, Bank of England, New York Fed, Thomson Locations: Frankfurt, Germany, China, Hong Kong, Elswhere, Sweden

☆ Liverpool loses in Europa League after controversial VAR decision, as Jurgen Klopp left angered by press conference
▼ + stars: | 2023-11-10 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

The decision sent Stadium TFC into a frenzy, leaving Le Téfécé celebrating a famous win and Liverpool players incensed. I’m not even sure the ball touches the hand at all, but that’s how it is,” Liverpool manager Jurgen Klopp told TNT Sports after the match. Liverpool manager Jurgen Klopp was left frustrated by his team's performance. The night only got worse for Klopp, though, with the manager furious about the organization of his post-match press conference. That’s all I can say.”When asked about his decision to start Díaz against Toulouse, Klopp said: “We asked him, he wants to [play] and he will.”

Persons: Jarell, Georgi Kabakov, Alexis Mac Allister, Le, “, I’m, ”, Jurgen Klopp, Mac, Quansah’s, Thibault Camus, Klopp, it’s, Aron Dønnum, Thijs Dallinga, Cristian Cásseres Jr, Frank Magri, Liverpool’s Diogo Jota, Charly Triballeau, Luis Díaz’s, Luis Manuel Díaz, Cilenis Marulanda, Marulanda, Díaz, Luis Díaz, ” Klopp Organizations: CNN, Europa League, Toulouse, TFC, Liverpool, TNT Sports, Getty, Reds, National Liberation Army, United Nations, Catholic Church, Díaz Locations: Liverpool, Toulouse, ” Liverpool, ”, AFP, Colombian, Barrancas, Colombia, Valledupar

☆ Father of Liverpool soccer star Diaz not leaving Colombia after kidnapping
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

"My aspirations are to continue in my town because I have my entire family in my town," Diaz said at a press conference. The kidnapping underscored the lack of control that the ELN's top brass exerts over their rank and file, according to analysts and security sources. Diaz on Friday offered details of his captivity, during which his kidnappers advised him to remain calm, he said. "A lot of quite difficult horseback riding, lots of mountains, rain," Diaz said, recalling "almost 12 days without sleep." The rebel group is accused of financing itself through kidnapping, in addition to drug trafficking, illegal mining and extortion.

Persons: Colombia Carlos Ruiz Massieu, Luis Manuel Diaz, Liverpool, Luis Diaz, Gustavo Petro, Diaz, Antonio Garcia, Luis Jaime Acosta, Alistair Bell Organizations: United, Colombia's National Liberation Army, National Liberation Army, European Union, Thomson Locations: Colombia, Valledupar, BOGOTA, Liverpool, Barrancas, La Guajira, United States

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