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Video shows RSF soldiers humiliating men from a village in Jazira state. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF told him they would only return his car if he worked for them, Farouk recalled. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF’s violent advances in Jazira state, their targeted destruction of warehouses, Sudan’s gene bank and irrigation systems will inevitably further exacerbate Sudan’s massive food shortages,” she said.
Persons: CNN —, , Sudan’s, , Alex de Waal, Mohamed Badawi, Luis Tato, Sidiq Farouk, Farouk, ” Farouk, hasn’t, , , Hala Al, Al Karib, Tomoya Obokata, Leni Kinzli, ” Kinzli, Omar Marzoug, geolocated, Waal, Médecins, Anette Hoffmann, You’re, ” CNN’s Benjamin Brown Organizations: CNN, Rapid Support Forces, Sudanese Armed Forces, SAF, United Nations, Peace Foundation, African Center for Justice, Peace Studies, Getty, Food Programme, UN Office, Humanitarian Affairs, UN, Hala, Initiative, Women, UNICEF, WFP, , ” CNN, , Farmers ’ Alliance, Clingendael Institute, Agriculture Organization Locations: Al Jazira, Sudan’s, Darfur, Jazira, Sudan’s breadbasket Jazira, Sudan, Khartoum, of, Sudanese, Renk, South Sudan, AFP, Chad, Gedaref, Hala Al Karib, Horn of Africa, Omdurman, Al, of Africa
“While some Ukraine-related orders are starting to come through, restocking and the impact of ongoing defense spending increases will be evident further down the line,” he noted. ‘Era of insecurity’Continued US military support for Ukraine on the scale of the past two years is looking increasingly unlikely. But the pressure on Western governments to beef up their military coffers will outlast the Ukraine war, analysts say, and it started to rise even before Moscow sent its troops marching toward Kyiv two years ago. The febrile global environment has helped lift the shares of Renk, a newly-listed German maker of military tank gearboxes, including those donated by Berlin to Ukraine. And this appeal is unlikely to fade soon, given growing defense spending by governments.
Persons: Lockheed Martin, That’s, Jens Stoltenberg, ” Trevor Taylor, Russia wouldn’t, Micael Johansson, Johansson, , Charles Woodburn, , House Republicans —, Donald Trump, Moscow, Oli Scarff, Trump, Joe Biden, Houthi, It’s, Susanne Wiegand, Myles Walton, Sweden’s, Organizations: London CNN, Russia, Kyiv, BAE Systems, Thales, Rheinmetall, Lockheed, Northrop Grumman, Atlantic Treaty Organization, NATO, Royal United Services Institute, CNN, Saab, Ukraine, House Republicans, Republican, Kiel Institute, European Union, Getty, International Institute, Strategic, Renk, Reuters, New, Wolfe Research, Sweden’s Saab Locations: Ukraine, Moscow, United States, Canada, Russia, London, Europe, Swedish, Poland, Kyiv, Congress, German, European, Newcastle, Tyne, England, AFP, Beijing, Taiwan, China, Israel, Red, Berlin, Frankfurt, Gaza, New York
Renk makes debut on Frankfurt exchange
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: 1 min
Susanne Wiegand, the CEO of Renk, speaks to CNBC's Annette Weisbach as the company goes public in Frankfurt Wednesday.
Persons: Susanne Wiegand, CNBC's Annette Weisbach Organizations: Renk Locations: Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - The EU is falling behind Britain in tapping into savers' money to boost the stock market, despite reforms in continental Europe being a step in the right direction, an official with Germany's bourse told Reuters. For Maassen there is an opportunity in Europe to rival US capital markets. Maassen urged policymakers to speed up the implementation of the Capital Markets Union, a longstanding project to create a single market for capital beyond national borders. Earlier this month, European Central Bank President Christine Lagarde called for a capital markets union, with a single supervisor and trading infrastructure, to finance its digitalisation and green transition.
Persons: Stefan Maassen, Jeremy Hunt, Hunt, ThyssenKrupp, Maassen, Germany's, Christine Lagarde, Lagarde, Pablo Mayo Cerqueiro, Anousha Sakoui, Christina Fincher Organizations: REUTERS, Staff, Germany's bourse, Reuters, Capital Markets, Deutsche, Frankfurt Stock Exchange, Schott Pharma, OLB Bank, DKV, New York Stock Exchange, EU, Capital Markets Union, European Union, European Central Bank, ., Thomson Locations: Frankfurt, Germany, EU, Europe, we're, U.S
One of them said that the cut off point could be closer to 6 billion euros ($6.33 billion). Some analysts had already questioned Renault's hoped-for valuation of up to 10 billion euros, with some suggesting the carmaker should pursue alternative options to raise cash. De Meo said in September that the listing could value Ampere at between 8 and 10 billion euros, above the French carmaker's own current market capitalisation of 9.55 billion euros. Other EV makers have seen their market value fall sharply in recent months. The Ampere IPO would include a mix of Renault's shares and new shares and could happen as early as April 2024, one of the people said, depending on market conditions.
Persons: Gonzalo Fuentes, Ampere, France's, Tesla, Renault's, Luca de Meo, China's Geely, IPOs, De Meo, Bernstein, de Meo, Elon Musk's Tesla, Mathieu Rosemain, Silvia Aloisi, Pablo Mayo Cerqueiro, Gilles Guillaume, Anousha Sakoui, Alexander Smith Organizations: Renault, Viva Technology, Porte de, REUTERS, Reuters, DKV Mobility, HK, Saudi Arabia's Aramco, Nissan, IPOs Renault, EV, Commission, UBS, Barclays, Ampere, Mitsubishi, Thomson Locations: Porte, Paris, France, LONDON, China, Saudi, Europe, Ampere, Elon
CVC targets an IPO that would value the company at more than 10 billion euros, the people said, with the company placing around 10% of its share capital, one of the people said. The private equity firm's partners are not expected to sell stock through the IPO, the people said. Blue Owl, CVC, GIC and HKMA declined to comment. On-road payments provider DKV Mobility, in which CVC has a minority holding, decided to defer its IPO plans because of volatile markets, Reuters reported earlier this month. London-headquartered CVC, which oversees more than 160 billion euros in assets, is striving to transform itself into a diversified asset manager.
Persons: de, Singapore's GIC, Renk, DIF, Glendower, Pablo Mayo Cerqueiro, Elisa Martinuzzi, Barbara Lewis Organizations: REUTERS, Partners, Reuters, CVC, Hong Kong Monetary Authority, Kuwait Investment Authority, DKV Mobility, Thomson Locations: Amsterdam, Netherlands, Kuwait, London
The Euronext stock exchange is pictured at the La Defense business district in Paris, France, September 30, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 11 (Reuters) - French software company Planisware said on Wednesday it would postpone its initial public offering on Euronext Paris, despite closing the books on the same day, making it the third European float to fail in a week. Planisware follows the steps of German gearbox supplier Renk, which pulled its listing last week despite having indicated its share pricing, also citing a "clouded" market environment. Another German company, DKV Mobilit, on Tuesday postponed its listing until next year, citing an uncertain market environement. Earlier on Wednesday, a bookbuilder said Planisware had priced its shares at 16 euros ($16.98) each, the lower end of the 16-18 euro bracket indicted last week.
Persons: Benoit Tessier, Planisware, Pierre Demonsant, DKV, Nathan Vifflin, Kirsten Donovan, Sharon Singleton Organizations: La Defense, REUTERS, Euronext Paris, Thomson Locations: Paris, France
That was until this week, when the company decided to pull its listing in the final hours of Wednesday, blaming market conditions. In the coming weeks, a string of European companies are slated to come to market. Among them is CVC Capital Partners, which is still planning a November listing depending on market conditions, a person with knowledge of the matter told Reuters. However, the fate of Renk highlights the challenges facing new issuers, exacerbated by a recent bout of volatility in equity and debt markets. On Thursday it was trading around its opening IPO price at 30 euros, still above its issue price, a positive sign.
Persons: Andreas Bernstorff, Germany's DAX, Susanne Wiegand, Schott, Perfumery, Douglas, Emma, Victoria Farr, Pablo Mayo Cerqueiro, Alexander Huebner, Anousha Sakoui Organizations: Capital Partners, Reuters, Equity Capital Markets, BNP, Renk, Rheinmetall, Schott Pharma, DKV, CVC Capital Partners, Paris bourse, Thomson Locations: FRANKFURT, LONDON, Frankfurt, U.S, Europe, East, Africa, European, Germany, York, Lincoln
German defense contractor postpones IPO on eve of debut
  + stars: | 2023-10-05 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
German defense contractor Renk on late Wednesday announced it would indefinitely postpone its initial public offering on the Frankfurt Stock Exchange scheduled for the following morning. "In the past days, the market environment has clouded noticeably," the company said in a statement, providing no further details. Shares were set to be offered in a price range between 15 euros ($15.77) and 18 euros, with a total placement volume between 405 million and 486 million euros. It reported an increase in audited gross profit from 124.5 million euros to 164.8 million euros in the fiscal year ending on Dec. 31 2022. European bourses had a mixed first half of the year, with funds raised through listings on the Paris Stock Exchange plunging 92%, while the London Stock Exchange held steady.
Persons: Renk, Susanne Wiegand, bourses, Susannah Streeter, Hargreaves Lansdown Organizations: Frankfurt Stock Exchange, CNBC, Triton, Reuters, Paris Stock Exchange, London Stock Exchange, Schott Pharma, Hargreaves Locations: Augsburg, Germany, Ukraine, Frankfurt
For weeks, Bahaadin Adam had heard nothing from family members stuck in the fighting that convulsed Nyala, the capital of South Darfur state and the second largest city in Sudan. Mr. Adam, who had fled weeks before to neighboring South Sudan, remained jittery, constantly checking his phone for updates. “I was broken into pieces,” Mr. Adam said in a recent interview in Renk town in South Sudan. Five months after a devastating war began in Sudan between rival military forces, the western region of Darfur has quickly become one of the hardest hit in the nation. People in Darfur have already suffered genocidal violence over the past two decades that has left as many as 300,000 people dead.
Persons: Bahaadin Adam, Adam, — Meethaaq, , Mr Locations: South Darfur, Sudan, South Sudan, Renk, Darfur
Renk seeking free float that will enable share liquidity -CFO
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: 1 min
BERLIN, Sept 12 (Reuters) - Germany's Renk, which makes gear boxes for tanks, is seeking a free float that will ensure stock liquidity when it goes public on the Frankfurt Stock Exchange later this year, Renk CFO Christian Schulz said on Tuesday. Schulz said discussions with investors were ongoing, and that it was still too early to talk about a valuation. "We will have new insights in the next three weeks," he said. Reporting by Christina Amann, Writing by Friederike Heine, Editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.
Persons: Christian Schulz, Schulz, Christina Amann, Friederike Heine, Rachel More Organizations: Frankfurt Stock Exchange, Thomson
Wiegand called on the government to use the 100 billion euro fund not only to plug short-term gaps in the German military's inventories but also to help develop technologies of the future. Renk, formerly a subsidiary of Volkswagen (VOWG_p.DE), is global leader in the production of gear boxes for tanks including the Leopard 2. The company, situated in the Bavarian town of Augsburg, makes about 70% of its sales from gear boxes for tanks and navy ships, the rest with gear boxes for civilian purposes such as compressors. Renk has booked orders totalling of 3.9 billion euros ($4.3 billion), including framework contracts, according to the CEO. Bankers estimate Renk's value to be around 2.5 billion euros in case of an IPO.
Persons: Berlin, Susanne Wiegand, embargoed, Wiegand, Triton, Renk, Alexander Hübner, Sabine Siebold, Rachel More, David Holmes Organizations: Renk, Volkswagen, VW, Bankers, Thomson Locations: MUNICH, U.S, Munich, Berlin, Germany, Bavarian, Augsburg
There, under his calming gaze and soft-spoken reassurances, Sudanese refugees and returning South Sudanese wait as aid workers and local women ladle through steel pots filled with lentils and porridge. Kueaa Darhok fled Khartoum with his family when fighting broke out and is now a community leader at the Renk transit camp near the South Sudan border. CNNSet up a week into the fighting in Sudan, when desperate families arrived seeking shelter, the Renk transit camp near the border of South Sudan and Sudan was not supposed to hold more than 3,000 people. Now at least 800,000 South Sudanese have been driven back by the fighting in Sudan. CNNUN appeal for aidTo respond to the Sudan crisis, the UN needs $253 million, with the South Sudan response alone in need of $96 million.
Persons: Kueaa Darhok, Chinua Achebe, instil, ” Darhok, Darhok, Charlotte Hallqvist, Hallqvist, it’s Organizations: South Sudan CNN, South Sudanese, CNN, Sudanese, CNN Fighting, UN, Sudan’s Armed Forces, Rapid Support Forces, United Nations Refugee Agency, UNHCR, CNN UN, Sudan, United Nations, African Union, European Union Locations: South Sudan, Sudan, Darhok, Khartoum, Republic of Sudan, Renk, Arab Republic of Egypt, Federal Republic of Germany, State, Qatar, Kingdom of Saudi Arabia
SUDAN* More than 330,000 people have been displaced in Sudan since April 15, according to the International Organization for Migration. An internal U.N. estimate obtained by Reuters shows this figure is expected to increase by 5 million, including 2.5 million children. * A $1.75 billion U.N. aid programme for Sudan in 2023 is 15% funded. SOUTH SUDAN* Some 240,000 people are expected to flee from Sudan to South Sudan, UNHCR says. * The country's $1.7 billion U.N. aid programme for the year is 26% funded.
Now, according to an internal U.N. estimate obtained by Reuters, 5 million additional people in Sudan will require emergency assistance, half of them children. Even before the latest crisis, U.N. humanitarian appeals for Africa faced a $17-billion funding gap this year, risking leaving millions without lifesaving assistance. Last year, it spent a third of its overseas aid budget housing refugees inside the UK, a British aid watchdog said in March. Sudan was hosting over 1 million refugees, mainly from South Sudan, Eritrea, Ethiopia and Syria, before the outbreak of fighting last month. Aid workers have been killed, food aid looted, and WFP says it's running out of stocks.
"I would not have come back to South Sudan. Up to last month, more than 800,000 South Sudanese refugees lived in Sudan, refugees from decades of conflict. Since the fighting erupted in Khartoum, the UNHCR has registered more than 30,000 people crossing into South Sudan, more than 90% of them South Sudanese. South Sudan gained independence from Sudan in 2011 after two decades of north-south conflict. "People say there is no stability in South Sudan, so we decided to build houses in Sudan.
Civilians fleeing the fighting between two rival generals in Sudan streamed into neighboring countries on Monday, raising concerns about a humanitarian crisis spreading to countries already grappling with conflict, hunger and dire economic straits. The heavy gunfire, shelling and airstrikes that have rocked Sudan for 10 days prompted foreign countries to begin evacuating diplomatic staff and nationals over the weekend. It also has driven thousands of Sudanese and other people across borders into Chad, Egypt and South Sudan, aid workers said. Sudan, a country of 45 million people and the third-largest by area in Africa, is surrounded by seven countries racked by poverty and instability. Most of those were South Sudanese returning home after having fled Khartoum in cars and on the backs of trucks, carrying whatever they could on the 280-mile journey south.
Înainte de „Chernobyl”, lucrarea sa cea mai apreciată a fost scenariul filmului „The Hangover Part II” (6.5), potrivit Meduza.io. Scriitorul consideră că trecerea lui de la comedii la un film istoric despre o catastrofă este una „destul de consecventă”: „Am apărat întotdeauna autorii comediilor. M-am gândit la istoriile pe care le spunem în Occident despre Holocaust și despre cel de-al Doilea Război Mondial și despre faptul că ne străduim să nu distorsionăm realitatea, pentru că acesta este un semn de respect”. Am încercat să o redăm așa cum a fost această catastrofă, cum a fost simțită Au fost multe nuanțe. Noul film a fost anunțat pe Instagram de producatorul lui Danila Kozlovski - Alexandr Rodnianski.
Persons: Craig Mazin, Mazin, Marlon Wayans, Vechnaya, June, suedez Stakka Bo, Chanel, Johan Renk, Stakka Bo, Robbie Williams, Kylie Minogue, David Bowie, Senna Walenberg, Scenaristul, Filmările, Chris Watson, Hildur Guðnadóttir, Luke Hull, Odile Dix, Merier, Alexei Muradov, Igor Petrenko, Nadejda Mihalkov, Danila, Ananenko, Alexandr Rodnianski Organizations: Universitatea Princeton ., Pripyat, CIA Locations: Brooklyn, New Jersey, suedez, Stockholm, Cernobîl, Occident, Holocaust, Lituania, Kiev, Vilnius, Moscova, Kaunas
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