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NEWEST CEO says Europe should become an 'extroverted economy'
  + stars: | 2024-05-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNEWEST CEO says Europe should become an 'extroverted economy'Fernando Napolitano, the CEO of NEWEST, speaks to CNBC contributor Michelle Caruso-Cabrera at the 2024 Influence Relevance & Growth Conference at the SDA Bocconi School of Management in Milan.
Persons: Fernando Napolitano, Michelle Caruso, Cabrera Organizations: CNBC, SDA Bocconi School of Management Locations: Europe, Milan
The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.
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Napoleon hat fetches record $2.1 million at Paris auction
  + stars: | 2023-11-19 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Nov 19 (Reuters) - A bicorne hat believed to have belonged to Napoleon Bonaparte sold for a record 1,932,000 euros ($2.11 million) at the Drouot auction house in Paris on Sunday. The price beat the 1,884,000 euros paid for another Napoleon hat at Drouot in 2014, a official at the auction house said. "One million four hundred fifty thousand (euros) to my left, 1.5 million, we have 1.5 million in the room, 1.5 million for Napoleon's hat. We're leaving it at 1.5 million for this major Napoleon symbol, I'm selling for 1.5 million (before fees), no regrets, sold," auctioneer Jean-Pierre Osenat said as he brought down the hammer to applause. Ahead of the auction, Osenat told Reuters the black beaver felt hat in the traditional bicorne shape was a trademark for Napoleon, who had owned about 120 such hats throughout his life.
Persons: Napoleon Bonaparte, Napoleon, Jean, Pierre Osenat, Osenat, Ardee Napolitano, Geert De Clercq, Andrew Heavens Organizations: Reuters, Bonhams, Thomson Locations: Paris, London
CNN —Australian tennis player Marc Polmans has said that he apologized to a chair umpire after hitting a ball in his face during a qualifying match at the Shanghai Masters. Polmans was leading Italy’s Stefano Napolitano 7-6 6-6 and had a match point in the tie break when he accidentally hit a ball at umpire Ben Anderson after netting a backhand volley. 140 was disqualified from Tuesday’s match, where a victory would have earned him a spot in the main draw. “The umpire, Ben, has accepted my apology for my actions – he knows it was unintentional and I shanked the ball on the frame in frustration in the heat of the moment,” Polmans said on X, formerly Twitter. Six years ago, Denis Shapovalov apologized and was fined $7,000 for inadvertently hitting a chair umpire with a ball during a Davis Cup match, while Novak Djokovic was defaulted from the 2020 US Open when he accidentally struck a line judge with a ball.
Persons: Marc Polmans, Polmans, Italy’s Stefano Napolitano, Ben Anderson, Ben, ” Polmans, , , Polman, Denis Shapovalov, Novak Djokovic Organizations: CNN, Shanghai Masters, ” Reuters, ATP Locations: Australian
Aug 4, 2019; Montreal, Quebec, Canada; Marc Polmans of Australia plays a shot against Bernard Tomic of Australia (not pictured) during the Rogers Cup tennis tournament at Stade IGA. Mandatory Credit: Eric Bolte-USA TODAY Sports/file photo Acquire Licensing RightsOct 4 (Reuters) - Australian Marc Polmans said he had apologised to the chair umpire after accidentally hitting him in the face with a ball in a Shanghai Masters qualifying match on Tuesday. The world number 140 was leading Italian Stefano Napolitano 7-6(3) 6-6(6-5) when he hit a volley into the net on his second match point before launching the ball in frustration, catching chair umpire Ben Anderson in the face. Polmans was immediately disqualified after the incident, which brought back memories of a similar one in 2017 when Denis Shapovalov inadvertently smashed a ball into the face of umpire Arnaud Gabas, leaving him with a fractured eye socket. Polmans will lose any prize money and ranking points picked up during the qualifying tournament.
Persons: Marc Polmans, Bernard Tomic of, Eric Bolte, Italian Stefano Napolitano, Ben Anderson, Polmans, Denis Shapovalov, Arnaud Gabas, Anderson, Ben, Shrivathsa Sridhar, Peter Rutherford Organizations: Rogers, Stade IGA, Shanghai Masters, Thomson Locations: Montreal, Quebec, Canada, Australia, Italian, Bengaluru
Italy’s fiscal weakness toughens its green plight
  + stars: | 2023-09-28 | by ( ) www.reuters.com   time to read: +2 min
Italian Prime Minister Giorgia Meloni looks on, on the day of the state funeral of the former Italian President and senator, Giorgio Napolitano in Rome, Italy, September 26, 2023. Rome also cut its GDP forecasts to 0.8% and 1.2% over the next two years, from 1% and 1.5% before. The ballooning deficit is chiefly a result of ill-fated renovation incentives introduced by previous governments and amounting to some 140 billion euros, or 7% of Italy’s GDP. Record-high euro zone interest rates are also increasing the cost of servicing Italy’s mammoth debt, seen at 140% of GDP by year-end. The risk is that Rome's green transition becomes a victim of its fiscal challenges.
Persons: Giorgia Meloni, Giorgio Napolitano, Yara, Europe’s, Lisa Jucca, , quagmire, Neil Unmack, Streisand Neto Organizations: Italian, REUTERS, Reuters, X, Thomson Locations: Italian, Rome, Italy, Ukraine
Former Italian president Napolitano dies aged 98
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
Former Italian President and senator Giorgio Napolitano speaks following a talk with Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, April 13, 2018. REUTERS/Tony Gentile/File Photo Acquire Licensing RightsROME, Sept 22 (Reuters) - Former Italian president Giorgio Napolitano, a onetime communist who helped to steer his country through a debt crisis in 2011, died on Friday aged 98. Condolences poured in from Italian Prime Minister Giorgia Meloni's office, other politicians, the Vatican and beyond. Napolitano became president in 2006 and was elected for an unprecedented second seven-year term in 2013. Reporting by Angelo Amante; writing by Keith Weir and Angelo Amante Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
Persons: Giorgio Napolitano, Sergio Mattarella, Tony Gentile, Giorgia, Pope Francis, Napolitano's, Clio Bittoni, Napolitano, Pope Benedict XVI, Francis, Mario Monti, Silvio Berlusconi, Enrico Letta, Angelo Amante, Keith Weir, Gareth Jones Organizations: Italian, REUTERS, Rights, European Commission, Thomson Locations: Rome, Italy, Italian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope and US have number of geopolitical issues in common, says NEWEST CEO Fernando NapolitanoClass CNBC's Stefania Spatti speaks with Fernando Napolitano, CEO of NEWEST, about his conference, X International Business Exchange Conference.
Persons: Fernando Napolitano, Stefania Spatti Organizations: Europe, X International Business Exchange Conference
Deforestation in Brazil's Amazon falls 66% in August
  + stars: | 2023-09-05 | by ( ) www.reuters.com   time to read: +3 min
In the first eight months of the year, INPE's figures showed, deforestation has fallen a cumulative 48% from the same period of 2022. Brazil last month hosted a major rainforest summit, where eight Amazon nations agreed to a list of unified environmental policies and measures to bolster regional cooperation but failed to agree on a common goal for ending deforestation. "We are experiencing a new moment, with more assertive policies and greater political will in favor of the Amazon," WWF-Brasil's director, Mariana Napolitano, said. But more is still needed, including traceability and transparency in the trade of livestock, gold and other commodities, she added. Reporting by Gabriel Araujo and Peter Frontini; editing by Jonathan Oatis and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Bruno Kelly, Marina Silva, INPE, Luiz Inacio Lula da Silva, Jair Bolsonaro, Lula, Bolsonaro, Mariana Napolitano, Gabriel Araujo, Peter Frontini, Jonathan Oatis, Sandra Maler Organizations: REUTERS, Environment Ministry, Thomson Locations: Uruara, Para, Brazil
PARIS, July 29 (Reuters) - Booksellers along the river Seine say the Olympics threaten to erase a symbol of Paris, after they were told by local authorities that they will have to remove their stalls for the Summer Games opening ceremony in 2024 for security reasons. Paris 2024 organisers expect at least 600,000 people to attend the opening ceremony on the Seine, during which athletes and delegations will sail along the river. It will be the first time the public have free access to the opening ceremony, and not in a stadium. "This renovation is part of the Games' heritage and will help support the application to have the Seine booksellers recognised as intangible cultural heritage by UNESCO," the authorities said. It was not clear whether the booksellers had been told they must move for the duration of the Games or only for the opening ceremony.
Persons: Paris, Jerome Callais, Albert Abid, Ardee Napolitano, Clotaire, Layli Foroudi, Hugh Lawson Organizations: Booksellers, Eiffel, Notre Dame, Paris, UNESCO, Thomson Locations: Paris, Seine
“This can be attributed to travelers seeking out less crowded destinations, and milder temperatures,” the association said. This summer’s extreme temperatures follow blistering heat last year. Meanwhile, online searches for northern European destinations increased by 3 percentage points to hit 10%. Southern Europe still popular with BritsDespite rocketing temperatures, countries in southern Europe are still the go-to spots for many vacationers. Spain, Greece and Turkey are still “by far the most popular [destinations],” he said, which hasn’t “changed at all.”— Barbie Latza Nadeau and Chris Liakos contributed reporting.
Persons: Angelos Tzortzinis, Olivier Ponti, , , Johan Lundgren, Giuseppe Napolitano, Thomas Cook, Sean Tipton, hasn’t “, ” — Barbie Latza Nadeau, Chris Liakos Organizations: London CNN —, European Travel Commission, Tourism Council, Tourists, CNN, European Space Agency, ESA, British, Med Locations: London CNN — Spain, Italy, Europe, Brussels, Spain, France, Croatia, Greece, Czech Republic, Bulgaria, Ireland, Denmark, Athens, United Kingdom, Rome, Nicosia, Cyprus, Catania, Sicily, Southern Europe, Turkey
This week on the podcast, Gilbert Cruz is joined by fellow editors from the Book Review to revisit some of the most popular and most acclaimed books of 2023 to date. First up, Tina Jordan and Elisabeth Egan discuss the year’s biggest books, from “Spare” to “Birnam Wood.” Then Joumana Khatib, MJ Franklin and Sadie Stein recommend their personal favorites of the year so far. Books discussed on this week’s episode:“Spare,” by Prince Harry“I Have Some Questions for You,” by Rebecca Makkai“Pineapple Street,” by Jenny Jackson“Romantic Comedy,” by Curtis Sittenfeld“You Could Make This Place Beautiful,” by Maggie Smith“The Wager,” by David Grann“Master, Slave, Husband, Wife,” by Ilyon Woo“King: A Life,” by Jonathan Eig“Birnam Wood,” by Eleanor Catton“Hello Beautiful,” by Ann Napolitano“Enter Ghost,” by Isabella Hammad“Y/N,” by Esther Yi“The Sullivanians,” by Alexander Stille“My Search for Warren Harding,” by Robert Plunket“In Memoriam,” by Alice Winn“Don’t Look at Me Like That,” by Diana AthillWe would love to hear your thoughts about this episode, and about the Book Review’s podcast in general. You can send them to books@nytimes.com.
Persons: Gilbert Cruz, Tina Jordan, Elisabeth Egan, Birnam, Joumana Khatib, MJ Franklin, Sadie Stein, , Prince Harry “, Rebecca Makkai, Jenny Jackson, Curtis Sittenfeld, Maggie Smith “, , David Grann, Ilyon Woo, Jonathan Eig, Eleanor Catton “, Ann Napolitano, Isabella Hammad “ Y, Esther Yi “, Alexander Stille, Warren Harding, Robert Plunket “, Alice Winn “, Diana Athill Locations:
CNN —A blistering and deadly heat wave in Italy this week could break records, with temperatures predicted to soar past 45 degrees Celsius (113 Fahrenheit) in some parts of the country. The warning comes on the heels of a report published in Nature on Monday, which found that last year’s heat wave killed 61,672 people in Europe. The heat wave is also affecting other European countries including France, Germany and Spain. This heat wave follows another one in Spain in April, which saw temperatures soar to 38.8 degrees Celsius, smashing the previous national monthly record. Scientists found that this heat wave – which also affected Portugal, Morocco and Algeria – was made 100 times more likely by the human-caused climate crisis.
Persons: ” Luca Mercalli, Nicola Fratoianni, ” Fratoianni, Giuseppe Napolitano, Emanuele Perrone, Mercalli, Gregorio Borgia, Cerberus, Algeria – Organizations: CNN, Italian Meteorological Society, Twitter, Health Locations: Italy, Italian, Lodi, Rome, Tempio Pausania, Sardinia, Europe, Florence, Bologna, Nature, United States, Sicily, France, Germany, Spain, Portugal, Morocco, Algeria
CNN —Longtime California Rep. Grace Napolitano announced Saturday that she is retiring from Congress at the end of her current term. Napolitano has made mental health care a priority over her tenure in Washington and serves as a co-chair of the Congressional Mental Health Caucus. We have made it acceptable for people to talk about their mental health and get treatment,” she said Saturday. Napolitano is the ninth Democrat and 12th House member so far to announce they won’t run for reelection in 2024. And she’s not the only California Democrat leaving the chamber at the end of the term.
Persons: CNN —, Grace Napolitano, Napolitano, . New Jersey Democrat Bill Pascrell, Joe Biden, , , Adam Schiff, Katie Porter, Barbara Lee –, Democratic Sen, Dianne Feinstein Organizations: CNN, CNN — Longtime California Rep, California State Assembly, . New, . New Jersey Democrat, Congressional, Republicans, Congressional Mental Health Caucus, Natural Resources Committee, House Transportation, Congressional Progressive Caucus, Congressional Hispanic Caucus, Hispanic Caucus, California Democrat, Democratic Locations: San Gabriel Valley, Southeastern Los Angeles County, Texas, Los Angeles, California, Norwalk , California, ., . New Jersey, Washington
“Democrats have a much broader spectrum to cover, from those that are in what I would call the immigration advocacy community, to those who I would consider the pragmatic moderates and everything in between,” Ms. Napolitano said. Ms. Napolitano, who describes herself a pragmatist on immigration, said she had also confronted these tensions as attorney general and governor of Arizona. “There are those who believe sincerely and honestly that the United States should not deport people,” Ms. Napolitano said. And some suggest that moderates in their party are mistakenly ceding ground to Republicans on the issue. “We are allowing, in some cases, Republicans to win the conversation about immigration and asylum seekers,” said Representative Delia Ramirez, a left-leaning Democrat from Chicago, whose mother crossed the border while pregnant with her.
[1/2] Ynsect's Chairman and CEO Antoine Hubert displays mealworms at the laboratory of the insect farm Ynsect, which harvests mealworms for bug-based animal food and fertilizer, in Dole, France, October 22, 2020. Farmed bugs, such as mealworms, are ground down to produce proteins for aquaculture, livestock, pet food, fertilisers and human nutrition. Ynsect will close its Dutch production plant, acquired through the takeover of Protifarm in 2021, which rears a different type of bug, while keeping research activities. In addition the company will cut 38 jobs in France, out of a total of about 360 people, Hubert said. In its latest round of fund raising in 2020 Ynsect brought in more than 315 million euros, of which about 175 million euros was capital and the rest in debt and subsidies.
Protests against the bill have drawn huge crowds in rallies organised by unions since January. Most have been peaceful, but anger has mounted since the government pushed the bill through parliament without a vote last week. The ongoing protests could impact a planned state visit next week of Britain's King Charles, a Buckingham Palace source said. While the opposition has called for Macron to fire his prime minister, Elisabeth Borne, who has been at the forefront of the pension reform, Macron backed her and said that he had tasked her to work on new reforms. "Tomorrow we will be on the streets again to demonstrate against the pension reform and demand its withdrawal," said one of them, CFDT union member Sophie Trastour.
[1/5] A model presents a creation by designer Andreas Kronthaler as part of his Fall-Winter 2023/2024 Women's ready-to-wear collection show for late designer Vivienne Westwood's namesake label during Paris Fashion Week in Paris, France March 4, 2023. REUTERS/Sarah MeyssonnierPARIS, March 4 (Reuters) - Fashion label Vivienne Westwood paid tribute to its late founder on Saturday, taking to the catwalk in Paris with a collection drawn up by her husband and design partner Andreas Kronthaler. Models sauntered through the gilded halls of the Hotel de la Marine overlooking the Place de la Concorde in a chic, punk-infused lineup for the Paris Fashion Week show. Scores of fans dressed in punk styles gathered to see the arrival of guests, who included fashion designer Jean-Paul Gaultier and actor Jared Leto. London Fashion Week, held last month, was dedicated to Westwood, one of British fashion's biggest names, who rose to fame dressing punk band the Sex Pistols.
Kyiv's mayor Vitali Klitschko and his brother Wladimir told Reuters that Ukraine's Western allies had to speed up deliveries of air defence systems capable of downing Russian missiles. Kyiv has accused Moscow of indiscriminately targeting civilians as well as key infrastructure, threatening the winter supply of electricity, running water and central heating. We are fighting to survive," he said on the sidelines of the World Economic Forum (WEF) annual meeting in Davos. Former world heavyweight boxing champions Vitali and Wladimir are part of a broader high-level business and political Ukrainian delegation attending the WEF summit. ($1 = 0.9248 euros)Reporting by John Irish and Mark John; additional reporting Ardee NapolitanoOur Standards: The Thomson Reuters Trust Principles.
Arizona Gov.-elect Katie Hobbs is taking the state’s child protective services agency in a radically different direction in the wake of a ProPublica-NBC News investigation into the racial disparities that have plagued the child welfare system here. This week, Hobbs, a Democrat, announced that she has selected Matthew Stewart, a Black community advocate, as the new head of Arizona’s Department of Child Safety. Arizona’s child welfare system has long disproportionately investigated Black families. After leaving DCS, Stewart formed the community organization Our Sister Our Brother, which has fought the department for more equitable treatment of Black and also low-income parents. Child welfare experts in the state and families affected by the system praised Stewart’s selection, though some wondered how much change he could bring about even in DCS’ top position.
Brazil has yet to publish its official annual figures for Cerrado deforestation, based on satellite analysis by the government's space research agency Inpe. The Cerrado neighbors the Amazon, occupying more than 2 million square kilometers in central Brazil – larger than Mexico. FARM-DRIVEN DEFORESTATIONThe Brazilian savanna is now a major concern for top grains traders, who have broadly pledged to eliminate deforestation from their supply chains by 2025. The sources discussed Cerrado deforestation data from Brazil's PRODES program, which produces annual data that is far more accurate than rapid alert data published on a weekly and monthly basis. An Inpe official said earlier this year that Brazil would soon stop publishing PRODES Cerrado data due to lack of funding.
A growing number of regulators are investigating Bankman-Fried and his former company, and the fallout from the collapse of FTX is only expanding. The broader industry consequences also continue to play out, with the crypto firm BlockFi filing for bankruptcy last week. Days after the CoinDesk report, FTX rival Binance announced it would sell its FTX holdings, setting off a bank-run-style rush of withdrawals. What matters here are the stakeholders in FTX," Bankman-Fried said. Bankman-Fried and his associates greenlighted lavish expenditures, including $300 million for real estate purchases in the Bahamas for FTX and Alameda employees, according to filings from current FTX attorneys.
SAO PAULO, Nov 30 (Reuters) - Deforestation in Brazil's Amazon rainforest fell in the 12 months through July, according to government data released on Wednesday, retreating from a 15-year high under outgoing President Jair Bolsonaro. The destruction declined 11% from a year earlier to 11,568 square kilometers (4,466 square miles), according to annual data from Brazilian space research agency Inpe. That was still more Amazon deforestation than any year from 2009 to 2020. Ane Alencar, science director at the Amazon Environmental Research Institute, said that there has been no change in Bolsonaro's policy of weakening environmental agencies to explain the drop in deforestation. Those months will instead be reflected in the first annual PRODES data released under Lula in 2023.
Sam Bankman-Fried, FTX’s 30-year-old founder, became the face of the company and, to some, crypto at large. The first red flagsNot long after Bankman-Fried started FTX, crypto began to boom. Venture capital money flooded into all things blockchain and crypto, and crypto platforms moved to attract customers beyond the technologists and blockchain evangelists that once fueled its rise. These digital tokens use blockchain technology, in which computers contribute to a shared ledger that can be used to track digital assets. Graeme Sloan / Sipa USA via APThe Wall Street Journal and CNBC, also citing anonymous sources, reported that Alameda had used FTX funds for trading.
The crypto exchange Binance has pulled out of a deal to acquire rival digital currency company FTX just 24 hours after it announced the tentative agreement, the company said in a statement Wednesday on Twitter. Neither FTX nor the Securities and Exchange Commission immediately responded to inquiries about the deal or the reported investigation. “FTX going down is not good for anyone in the industry,” Zhao wrote. News of FTX’s insolvency has hit the platform and the wider crypto industry hard. The CoinDesk Market Index, a broad-based index of the digital asset market, is down by about 12% from last week.
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