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☆ Eurovision braces for its most tense contest yet, as protesters and artists bristle at Israel’s presence
▼ + stars: | 2024-05-06 | by ( Rob Picheta | ) edition.cnn.com time to read: +10 min

The competition – which tries desperately to retain its “apolitical” tag – has become the largest cultural event so far to be rocked by the repercussions of Israel’s war in Gaza. Those protesting or boycotting the song contest claim it is “artwashing” the conflict; others defend Israel’s inclusion, insisting the contest should not be dragged into geopolitics. It doesn’t make sense,” Bambie Thug, Ireland’s participant, told CNN of extensive rules restricting any form of pro-Palestinian statement during the event. Ireland's Bambie Thug told CNN they disagreed with Israel's involvement in the competition. Long-standing rules preventing flags of non-competing countries and territories mean that Palestinian flags are banned from the crowd, which Bambie Thug told CNN they “100%” disagreed with.

Persons: ” Paul Jordan, ”, Weeks, Eden Golan, ” Jordan, “, Carlos Garcia Rawlins, Bambie Thug, Patricia J, Garcinuno, Noel Curran, KAN, ” Curran, Golan, Fredrik Persson, –, SuRie, Karin Karlsson, Karlsson, ” Elina Pahnke, Johan Nilsson, Saturday’s, Mohammad Ghannam, ” Lara Yosef, ” Yosef, ” Bambie Thug, Alyona Alyona Organizations: CNN, Music, Malmo, Eurovision, European Broadcasting Union, EBU, TT, Agency, AFP, Getty, Malmo Arena, Artists, Aftonbladet, Israel’s National Security Council Locations: Swedish, Gaza, Israel, Malmo, Azerbaijan, Russia, Ukraine, Stockholm, Sweden's, seeping, Sweden’s Palestinian, Denmark, Norway, Sweden, “

☆ TikTok has become a pseudo-shopping channel, and Gen Z has had enough
▼ + stars: | 2024-04-22 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

@ceevannn #stitch with @Renèe | Influencer Marketing these days, Katy Hearn’s products and branding dont move me to purchase. TikTok influencers stand above IG because of authenticity. As social media marketing evolved, so did the opportunity for influencers to work with more brands. Data shared with the outlet from a YPulse study found that 45% of 13 to 22-year-old respondents felt influencers don't have the sway they used to. Sophie Wood, the director of strategy at influencer marketing agency Fohr, told BI the influencer bubble hasn't burst, it's just changing.

Persons: —, Manrika Khaira, TikTok, it's, Zers, CeeVan, influencers, Katy, rogan, @Madeline Pendleton, Ashley Rector, Quimby, — influencers, Rector, Samantha Zink, Zink, Gen Z, Influencers, Catherine Falls, Sophie Wood, Wood, Hannah Witton, Witton, It's, Jessica Dante Organizations: Service, Business, Influencer, qvc, Federal, Quimby Digital, Zink Talent, Yahoo News, YouTube, Smart, BI, Love Locations: Catherine, London

☆ Florence’s famed Ponte Vecchio to be restored to former glory with two-year makeover
▼ + stars: | 2024-04-12 | by ( Barbie Latza Nadeau | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —In the seven centuries since the Ponte Vecchio was first built in Florence, Italy, the bridge has watched the city changing around it, surviving floods, fires and the Nazi invasion in World War II. Now, the famed bridge itself is getting a two-year makeover, at the cost of about €2 million, to restore it to its former glory, the city of Florence and the Marchesi Antinorini winemakers announced on Wednesday. “This is a historic project because Ponte Vecchio has never had a restoration intervention of this technical complexity,” Florence’s mayor Dario Nardella told reporters on Thursday. Such is the Ponte Vecchio’s significance that it was the only bridge across the Arno River spared by the retreating German army towards the end of World War II. Previous replacement joints will be upgraded, the stone itself will be strengthened and the footpath’s stone will be restored too.

Persons: Vecchio, Ponte Vecchio, ”, Dario Nardella, “, Marchesi Antinori, Piero Antinori, Tod’s Organizations: CNN, Diesel Locations: Florence, Italy, Nazi, Venice

☆ South Africa crime wave: This cash van guard is just one of the victims
▼ + stars: | 2024-03-27 | by ( David Mckenzie | Sarah Dean | ) edition.cnn.com time to read: +9 min

Johannesburg, South Africa CNN —For South Africans, normality is a sliding scale. In October, a heavily armed gang blocked off one of the busiest highways near Johannesburg as it blew up a cash-in-transit vehicle – a security van carrying cash. Cash-in-transit, or CIT, heists are one of the most dramatic illustrations of a crime wave that has shocked even the most hardened South Africans. His argument is not entirely factual: crime affects South Africans from all walks of life, not just those earning a comfortable living. The South African police minister, Bheki Cele, recently highlighted what he called the successes of the Crime Intelligence division in tackling organized crime and rooting out corruption within the ranks of the force.

Persons: Nelson Mandela, ”, Byron Blunt, Ngwenya, —, “, Petrus Mthembu, SAPS, Athlenda Mathe, Bheki Cele, Joe van der Walt, Esa Alexander, Gareth Newham, What’s Organizations: South Africa CNN, heists, CIT heists, National Congress, ANC, CNN, “, CIT, Motor Transport Workers Union, South African Police Service, Reuters, Hawks, AK, South, Crime Intelligence, Focus Group, ” Police, Town, Private Security Industry Regulatory Authority, Institute for Security Studies Locations: Johannesburg, South Africa, Africa, R350,000, Makhado, Limpopo, Cape Town , South Africa

☆ Mikaela Shiffrin: US ski star returns from injury to win record-equaling eighth World Cup slalom season title
▼ + stars: | 2024-03-11 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —After six weeks out of the sport, ski star Mikaela Shiffrin made a triumphant return from injury to win a record-equaling eighth World Cup slalom season title in Åre, Sweden, on Sunday. The win ties the American with Lindsey Vonn and Ingemar Stenmark, who both clinched eight crystal globes – the trophy for Alpine skiing World Cup season titles – in a single discipline. Austrian star Marcel Hirscher won eight overall season titles during his career, but not in a single discipline. It was also Shiffrin’s 96th World Cup win of her career, extending the overall record she broke back in 2023. Shiffrin rushed to his side at the hospital and was with him when he woke up from surgery.

Persons: Shiffrin, Lindsey Vonn, Ingemar Stenmark, Marcel Hirscher, ” Shiffrin, Pontus Lundahl, Reuters Shiffrin, Michelle Gisin, Aleksander Aamodt Kilde, Kilde, “, ” Organizations: CNN, CNN Sport, TT, Agency, Reuters Locations: Åre, Sweden, Austrian, Italy, Croatia, Norwegian, Switzerland

☆ Cramer's Lightning Round: Taiwan Semiconductor is a 'great company'
▼ + stars: | 2024-02-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Digital World Acquisition's year-to-date stock performance. Stock Chart Icon Stock chart icon Taiwan Semiconductor's year-to-date stock performance. Stock Chart Icon Stock chart icon Celestica's year-to-date stock performance. Stock Chart Icon Stock chart icon PDD Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Comfort Systems USA's year-to-date stock performance.

Organizations: Taiwan Semiconductor, PDD Holdings, Systems, Comfort Systems Locations: Taiwan

☆ Indie musicians are celebrating UMG's decision to pull its music off TikTok: 'It's our time to shine baby'
▼ + stars: | 2024-02-06 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

In the days since Universal Music Group pulled its music off TikTok, countless videos on the platform have suddenly been muted. And many independent artists are realizing this might be their moment to shine. AdvertisementNow, many indie music artists are jumping on the opportunity to maximize their exposure. As Emily Zeck, an indie country musician with 2.5 million TikTok followers, wrote on a recent video caption, "It's our time to shine baby." The song has over 20 million streams on Spotify and has been reused in 1.1 million TikTok videos.

Persons: Taylor Swift, UMG, Emily Zeck, TikTok, Shane Niemi, Niemi, Ktlyn, Rebecca Rea, Rea, Lilith Max, Houston who's, ", Max Organizations: Universal Music Group, TikTok, Spotify, UMG Locations: San Diego, Dallas Fort Worth, TikTok

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

STOCKHOLM (AP) — Swedish Prime Minister Ulf Kristersson has agreed to meet with his Hungarian counterpart Viktor Orbán, who invited Kristersson to Budapest to discuss Sweden’s accession into NATO, Swedish media reported Thursday. Orbán's invitation comes as Hungary and Turkey remain the only NATO members not to have ratified Sweden’s bid to join the defense alliance. Turkish legislators have endorsed Sweden’s NATO membership, lifting a major hurdle on the previously nonaligned country’s entry into the military alliance. Lawmakers ratified Sweden’s accession protocol 287 to 55, with ruling party members saying the country’s tougher stance on Kurdish militants was key to winning approval. Finland joined the alliance in April, becoming NATO’s 31st member, after Turkey’s parliament ratified the Nordic country’s bid.

Persons: Ulf Kristersson, Viktor Orbán, Kristersson, ” Kristersson, Recep Tayyip Erdogan, Vladimir Putin Organizations: STOCKHOLM, NATO, Lawmakers, Sweden’s, Nordic Locations: Swedish, Budapest, Hungary, Turkey, Brussels, Ankara, Ukraine, U.S . Turkey, Stockholm, Sweden, Finland

☆ Niecy Nash-Betts on 'Dahmer,' 'Reno 911!,' 'Origin' & Acting With Her Kids
▼ + stars: | 2024-01-22 | by ( ) www.businessinsider.com time to read: +10 min

and whether she'd return for a new seasonNiecy Nash-Betts in costume as Raineesha Williams from "Reno 911!" David X Prutting/Patrick McMullan via Getty ImagesYou wore a prosthetic butt while playing Raineesha Williams on "Reno 911!" AdvertisementOn kissing Glen Powell in front of his mom for 'Scream Queens,' and the quote from her character Denise that fans still loveNiecy Nash-Betts as Denise on "Scream Queens." Your "Scream Queens" costar Glen Powell is certainly having a moment with his new movie right now. And also from "Scream Queens," I would want to do something with Keke Palmer.

Persons: Raineesha Williams, Simone Clark, Niecy Nash, Betts, Nash, Ryan Murphy, Ava DuVernay, Dahmer, Jeffrey Dahmer, DuVernay, Isabel Wilkerson, Aunjanue Ellis, Marion, Wilkerson's, Wilkerson, —, David X Prutting, Patrick McMullan, you've, Raineesha, Kerri Kenney, Silver, we've, Glen Powell, Denise, Brad Falchuk, Glenn, Evan Peters, Glenda Cleveland, Evan, I've, Dominick Nash, Donielle Nash, Jessica Betts, Dia Nash, Araya Doheny, Tiffany Haddish, Keke Palmer Organizations: Reno, Los, AMC, Pride, Getty, Netflix, HBO Locations: Murphy's, Los Angeles, Georgia, Chad, Netflix's, New Orleans

☆ Danish dockworkers join Swedish strike action against Tesla
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Johan Nilsson/TT News Agency/via REUTERS/File Photo Acquire Licensing RightsHELSINKI, Dec 5 (Reuters) - Denmark's 3F labour union said on Tuesday it will support Swedish mechanics in their strike action against Tesla (TSLA.O), and will refuse to unload or transport cars made by the U.S. auto company for customers in Sweden. "Like the companies, the trade union movement is global in the fight to protect workers," 3F Chair Jan Villadsen said in a statement, adding that Sweden's IF Metall union had asked 3F to help. The strike by Danish dockworkers and lorry drivers only affects cars that are meant for the Swedish market, the union said. Swedish labour groups have been taking industrial action against Tesla since October in a bid to force the car manufacturer to sign collective bargaining agreements with mechanics.

Persons: Johan Nilsson, Jan Villadsen, Tesla, Essi Lehto, Terje Solsvik Organizations: TT, Agency, Rights, U.S, IF Metall, Thomson Locations: Malacca, Malmo, Sweden, Swedish, Danish

☆ Here are Friday's biggest analyst calls: Tesla, Boeing, Amazon, Delta, Spotify, Alibaba, Johnson & Johnson and more
▼ + stars: | 2023-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Friday: Stifel initiates Boeing at buy Stifel said it sees a "favorable" setup for Boeing shares. Citi downgrades Spotify to neutral from buy Citi said in its downgrade of Spotify that the risk/reward is less compelling. Jefferies initiates Arcos Dorados as a buy Jefferies said the Latin American McDonald's franchisee is a "consistent compounder." Jefferies initiates CSG Systems as buy Jefferies said in its initiation of the software-as-a-service company that it sees burgeoning growth. Jefferies initiates Amdocs as buy Jefferies said it sees opportunity for the Israel-based software and systems integration supplier. "

Persons: Stifel, TD Cowen, Morgan Stanley downgrades Alibaba, Morgan Stanley, it's, Alibaba, Tesla, Cantor Fitzgerald, Cantor, Jefferies, Piper Sandler, TXRH, Wells, Wells Fargo, Emerson, Oppenheimer, Goldman Sachs, Bonnie Herzog's, MarketWise, Redburn, Johnson Organizations: Boeing, Delta, Air Lines, Citi, Spotify, RBC, Western Alliance, Novo Nordisk, Arcos, American, Crescent Energy, Fortrea Holdings, ISI, Aspen Technology, Emerson, JPMorgan, Constellation Brands, Constellation, UBS, Bank of America, Norfolk Southern, of America, Norfolk, CSG Systems, Communication Service, Financial Services, Technology, Healthcare, Westinghouse, Johnson, Innovative Medicine, Pharmaceutical Locations: Europe, China, Arcos, 4Q24, reaccelerate, Aspen, Norfolk, Israel

☆ Swedish property firms should cut debt, raise equity, Riksbank chief says
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +3 min

Commercial property companies ramped up borrowing when rates were low and some are now struggling to pay off or roll-over debt after eight interest rate hikes by the central bank. Thedeen said many companies in the commercial real estate sector needed to restructure their balance sheets. Even if rates have peaked, problems for the commercial real estate sector are not over. Short-dated debt and large refunding needs mean "the Swedish property sector has more risk" than in other European countries, Maria Gillholm, senior credit officer at Moody's, said. The commercial real estate sector triggered a financial crisis in Sweden in the early 1990s and authorities have said it is once again the biggest risk to financial stability.

Persons: Erik Thedeen, Jonas Ekstromer, Thedeen, It's, Riksbank, Moody's, Maria Gillholm, Simon Johnson, Terje Solsvik, Essi Lehto, Susan Fenton Organizations: TT, Agency, Rights, Moody's, Thomson Locations: Stockholm, Sweden, Swedish, Europe

☆ Why Cramer thinks Broadcom stock could climb to $1,200 a share
▼ + stars: | 2023-11-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. "I like the acquisition very much," Jim Cramer said Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Michael Lamach, Ingersoll, Gordon Haskett, Lamach, Jim Cramer's, Jim Organizations: CNBC, Treasury, Organization of, Petroleum, West Texas, Club, Broadcom, VMWare, Bank of America, Honeywell, Trane Technologies, Ingersoll Rand Locations: midmorning

☆ Union pressure on Tesla grows in Sweden as dockworkers expand strike
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Dockworkers joined the strike by mechanics on Nov. 7, blocking Sweden's four largest ports to Tesla cars. So far, unions in the United States and Germany have failed to force the company to accept collective bargaining agreements. In addition to dockworkers, unionised cleaners are refusing to clean Tesla buildings and postal workers have stopped delivering mail. In the 1990s, American toy company Toys "R" Us signed a collective bargaining agreement with its 130 Swedish employees after a three month strike.

Persons: Johan Nilsson, Tesla, Elon Musk, Dockworkers, Musk, Torbjorn Johansson, Norway's Fellesforbundet, Marie Mannes, Louise Rasmussen, Johan Ahlander, Johannes Birkebaek, Simon Johnson, Mark Potter Organizations: TT, Agency, Rights, U.S, Swedish, IF Metall, Hydro Extrusions, Hydro, Thomson Locations: Malacca, Malmo, Sweden, Rights STOCKHOLM, Dockworkers, United States, Germany, American

☆ An American tourist died after a boat bound for a private island sank in the Bahamas
▼ + stars: | 2023-11-17 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

An American tourist died after a ferry sank in the Bahamas. The ferry was headed to Blue Lagoon Island in Nassau, the capital of the Bahamas. AdvertisementAn American tourist died after a ferry with over 100 passengers sank in the Bahamas on Tuesday morning, the Associated Press reported, citing local police. The ferry sank en route to Blue Lagoon Island, a private island in the capital of Nassau. In 2022, 17 migrants died after the boat they were on capsized off Paradise Island in the Bahamas.

Persons: —, Chrislyn Skippings Organizations: Service, Associated Press, Royal Bahamas Police Force, AP, Business Locations: American, Bahamas, Nassau, Broomfield , Colorado, Nassau Bahamas

Dockworkers said they would expand their blockade of the automaker’s shipment to all ports in Sweden next week, after launching the action at four key locations. The electricians’ union said its members would stop servicing Tesla charging stations when they needed a repair, and maintenance workers said they wouldn’t clean Tesla facilities. On Monday, the IF Metall trade union, which represents 300,000 workers across the country including the Tesla mechanics, said its talks with company representatives had ended without resolution. Tesla, which entered Sweden in 2013, did not respond to requests for comment. The company told Sweden’s TT News Agency that it followed Swedish labor market rules but had chosen not to sign a collective agreement.

Persons: Tesla, Dockworkers Organizations: IF, Sweden’s TT News Agency Locations: Sweden, Swedish

STOCKHOLM (AP) — A ferry that had ran aground last month off southeastern Sweden and started leaking oil into the Baltic Sea was pulled free on Wednesday and anchored nearby, the Swedish Coast Guard said. The Marco Polo, operated by the TT-Line of Germany, was operating a route along Sweden’s coast between the cities of Trelleborg and Karlshamn when it ran aground on Oct. 22 and started leaking oil. The ferry wasn't at risk of sinking despite taking on water, the coast guard said. Earlier, the coast guard said the ferry had suffered “extensive damage” and would eventually be towed into the harbor of Karlshamn. The inspection would be made by a salvage company hired by the TT-Line's insurance firm, the coast guard said.

Persons: Marco Polo, Sweden’s, Ulf Kristersson Organizations: STOCKHOLM, Swedish Coast Guard, SVT, TT Locations: Sweden, Baltic, Germany, Trelleborg, Pukavik, Solvesborg, Malmo, Karlshamn, “, Swedish

A general view of an exterior of the Ericsson headquarters in Stockholm, Sweden, January 24, 2020. The Swedish telecom equipment maker's shares fell 9% in early trade to lows last seen in 2017, when the company was going through another downturn. Gear makers such as Ericsson and Nokia (NOKIA.HE) have been hit by a slowdown in spending by telecoms companies. Mellander said the company had increased its previously announced 2023 cost saving target of 11 billion Swedish crowns ($1.01 billion), including the laying off 8,500 employees, to 12 billion crowns. India has been a rare growth area with sales quadrupling to about 10 billion crowns, but that is expected to slow down next year.

Persons: Fredrik Sandberg, Carl Mellander, Mellander, Borje Ekholm, Supantha Mukherjee, Terje Solsvik, Kirsten Donovan Organizations: Ericsson, TT News Agency, REUTERS, Reuters, Gear, Nokia, Jefferies, Thomson Locations: Stockholm, Sweden, India, STOCKHOLM, North America, Swedish

No decision on a ground offensive has been announced, although Israel has been massing troops along the Gaza border 3. Israeli military spokesman Read Adm. Daniel Hagari said Saturday Israel had so far identified 126 captives. GERMANY TO START EVACUATING CITIZENS FROM ISRAELBERLIN — The German army will start evacuating its citizens from Israel with military airplanes. Hezbollah said its fighters struck several Israeli military positions in the disputed Chebaa Farms and Kfar Chouba hills in the afternoon. ISRAELI MILITARY ANNOUNCES IT IS PREPARED FOR ‘COORDINATED’ OFFENSIVEJERUSALEM — The Israeli military says it has prepared a “coordinated” offensive in the Gaza Strip involving air, ground and naval forces.

Persons: Israel, Lloyd Austin, “, Israel —, ”, Yifat Zailer, Zailer, Read, Daniel Hagari, Hezbollah’s, Ali Youssef Alaaeddine, Alaaeddine, ERDOGAN'S, Recep Tayyip Erdogan, Bilal Erdogan, Suleyman Soylu, Mustafa Sentop, ” Erdogan, Sentop, Khalil Hachem, Rabad Akoum, ” Israel, Ismail Haniyeh, ” Haniyeh, Haniyeh, Mohammad Abu Selim, Medhat Abbas, Hakan Fidan, Sameh Shoukry, IT'S, ROME —, “ We’ve, Antonio Tajani, Tajani, —, ” Tajani, TT, Tobias Billström, Elina Valtonen, Hossein Amirabdollahian, Saleh Arouri, Ziad Nakhaleh, Amirabdollahian Organizations: United Nations, Gaza, United States Defense, TEL, ISRAEL BERLIN —, Hamas, Lufthansa, BEIRUT —, Associated Press, AP, Ministry, Sunday, South, MEDIA, BEIRUT, National News Agency, OFFICIAL, EGYPT BEIRUT —, OF, Gaza —, Shifa, Health Ministry, FROM, Romania — Romania’s Ministry of Foreign Affairs, Israel, NORDIC, FROM ISRAEL HELSINKI, Nordic, Helsinki Airport, Iran’s, Manar, Islamic, Hezbollah Locations: Gaza City, Israel, Gaza, Egypt, Israeli, Lebanon, ISRAEL, SYRIA, TEL AVIV, Syria, Golan, GERMANY, Germany, Jordan, BEIRUT, Palestinian, ISTANBUL ISTANBUL, Istanbul, United States, Tel Aviv, Dubai, South, Lebanese, Chebaa, Kfar Chouba, JERUSALEM, EGYPT BEIRUT, GAZA, Shifa, FROM ISRAEL, TURKEY, ISTANBUL, Turkish, Embassy, Turkey, BUCHAREST, Romania, Romanian Embassy, ITALY, ROME, Italian, Rome, FINNS, Finland, Sweden, Helsinki, Stockholm, Swedish, Stockholm’s Arlanda, Beirut, Hezbollah’s, Amirabdollahian, Iran, Iraq, Jihad

☆ Governments repatriate citizens from Israel
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +10 min

REUTERS/Pilar Olivares Acquire Licensing RightsOct 12 (Reuters) - Governments around the world have arranged repatriation flights from Tel Aviv in reaction to the conflict in Israel. AUSTRALIAAustralia organised two special flights on Friday and Sunday to bring back citizens from Israel, Prime Minister Anthony Albanese said on Wednesday. CANADACanada plans to operate evacuation flights for Canadians stranded in Israel, Foreign Minister Melanie Joly said on Tuesday. ITALYItaly arranged for seven flights between Tuesday and Wednesday, the Italian foreign ministry said late on Tuesday, as part of efforts to repatriate about 900 Italian citizens from Israel. On Wednesday, Portugal had repatriated 152 Portuguese citizens directly from Israel, plus 14 citizens from other European countries.

Persons: Roseli Pereira, Pilar Olivares, Anthony Albanese, Alexander De Croo, Melanie Joly, Jan Lipavsky, Lipavsky, Elina Valtonen, Catherine Colonna, Annalena Baerbock, Andres Manuel Lopez Obrador, Andrzej Duda, Mariusz Blaszczak, Margarita Robles, Tobias Billstrom, Srettha Thavisin, Oleg Nikolenko, Nikolenko, Alessandro Parodi, Tristan Chabba, Joao Manuel Mauricio, Barbara Lewis Organizations: Rio de, REUTERS, Argentinian, AUSTRALIA Australia, Spanish Air Force, Foreign, CANADA Canada, Centre for Israel, Jewish Affairs, Boeing, Foreign Ministry, European Union, Aviation, CZECH REPUBLIC Czech, Wednesday, Reuters, French Foreign, France, Condor, German Foreign Ministry, Icelandic Ministry of Foreign Affairs, Israel . KAZAKHSTAN Air Astana, Astana Times, Norwegian Air, Sunday . Defence, Ben Gurion, SOUTH, Incheon Airport, Korean, Acting, Airbus, SWISS, THAILAND, Dutch Ministry of Foreign Affairs, Airline KLM, Facebook, Romania, UNITED, UNITED STATES, U.S . State Department, . Delta Air Lines, U.S, Thomson Locations: Israel, Brazil, Tel Aviv, ARGENTINA, Rome, Argentina, AUSTRALIA, AUSTRIA Austria, Hörsching, Upper Austria, Cyprus, BELGIUM Belgium, BOLIVIA, BRAZIL, Brasilia, Embassy of Brazil, CHILE, Athens, Madrid, COLOMBIA, CYPRUS, Cypriot, CZECH REPUBLIC, Czech, Oman, Prague, DENMARK, Danish, FINLAND Finland, FRANCE France, Israel's Tel Aviv, Paris, GERMANY German, Jordanian, Aqaba, ICELAND, Germany, Keflavík, Iceland, Icelandic, ITALY Italy, Almaty, MEXICO, Oslo, POLAND Poland, Polish, Poland, Ben, Ben Gurion Airport, PORTUGAL, Portuguese, Lisbon, Portugal, SOUTH KOREA, Seoul, KS, SPAIN Spain, Spain, Torrejon, SWEDEN, Swedish, SWITZERLAND Swiss, Zurich, Bern, NETHERLANDS, Netherlands, UKRAINE Ukrainian, Gaza, Europe, U.S, Gdansk

☆ Swedish court fines Greta Thunberg again for disobeying police orders
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

STOCKHOLM, Oct 11 (Reuters) - Swedish climate activist Greta Thunberg was found guilty of disobeying a police order and ordered to pay a fine, TT news agency reported on Wednesday, the second time in three months she was convicted and fined for the same offence. Thunberg, 20, was ordered to pay a fine of 4,500 Swedish crowns ($414) for failing to leave a climate protest on July 24 when police ordered her to do so. Earlier that day she had been fined 1,500 Swedish crowns for the same offence. "We young people do not want to see our future taken away from us," she said according to TT. ($1 = 10.8790 Swedish crowns)Reporting by Johan Ahlander and Anna Ringstrom; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Greta Thunberg, Johan Ahlander, Anna Ringstrom, David Gregorio Our Organizations: Thomson Locations: STOCKHOLM, Malmo

☆ Our crisis of loneliness, the new bet investors are going after
▼ + stars: | 2023-10-04 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Not long after founding the startup, Gaon shared his vision with famed venture capitalist Marc Andreessen. It was notable to Gaon at the time that Andreessen — "one of those investors who's known for seeing where the market is going" — appeared to have pinpointed loneliness as its own market. That moved her parents, Cindy and Anne Jordan, who had sold their first healthtech company years before, to found the Arizona company Pyx Health. "The loneliness crisis is bigger, and more urgent, than anything I've worked on before," Nyborg wrote in a blog post. Inspired debuted a thesis in 2020 that identified loneliness as a key focus for the firm to invest in.

Persons: Benjamin Gaon, Boaz Gaon, Benny, Gaon, Marc Andreessen, Andreessen, Wisdo, —, Anne Wojcicki, Marius Nacht, Andreessen Horowitz, Vivek Murthy, Betsy Hoover, Bumble, Rylie Sarabia, Cindy, Anne Jordan, policyholders, Dawn Owens, it's, Owens, Julie Rice, Elizabeth Cutler, Rice, Peoplehood, Phil Levin, Levin, Culdesac, Renate Nyborg, I've, Nyborg, Hugo Amsellem, He's, Ava, Catalyst, Nate Tepper, Tepper, Adam Besvinick, Frances Haugen, Hoover, Alexa von Tobel, von Tobel, David Spinks Organizations: Pyx, Labs, verve, Investors, Pyx Health, TT Capital Partners, New, Khosla Ventures, Sequoia Capita, AI Fund, NEA, AIs, Looking Glass, Anonymous, Glass, Facebook, Bloomberg Locations: Arizona, Minneapolis, New York, Ava, France, Peoplehood, Hopscotch

The Royal Swedish Academy of Sciences said it was investigating. The Associated Press did not receive the press release in advance and decided not to publish the names until confirmed by the academy, but many Swedish media organizations did. The academy stopped the practice since the awards were being announced simultaneously on the digital platforms of the Nobel Prizes. It is not the first time the names of winners slip out before the Nobel announcements. For the official press release to be published in advance is extremely rare, said Fredrick Malmberg, head of news at Swedish television station TV4.

Persons: Moungi Bawendi, Louis Brus, Alexei Ekimov, Hans Ellengren, Göran Hansson, ”, Fredrick Malmberg Organizations: STOCKHOLM, Royal Swedish Academy of Sciences, Associated Press, Svenska Dagbladet, TV4, SVT, “ Locations: Swedish

☆ Airline SAS says investment firm Castlelake, Air France-KLM to become new shareholders
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

TT News Agency/Johan Nilsson via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 3 (Reuters) - Scandinavian airline SAS (SAS.ST) said on Tuesday that investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders in the airline alongside the Danish state following bankruptcy proceedings. Castlelake will take a stake of around 32%, Air France-KLM's will be around 20%, while the Danish state will hold about 26%, SAS said. Lind Invest, a Danish investment firm, will hold 8.6% of equity, SAS said. The company said total investments in the reorganized SAS would amount to 12.9 billion Swedish crowns ($1.16 billion). ($1 = 11.1283 Swedish crowns)Reporting by Jacob Gronholt-Pedersen and Louise Rasmussen, editing by Gwladys FoucheOur Standards: The Thomson Reuters Trust Principles.

Persons: Johan Nilsson, Castlelake, Lind, Carsten Dilling, Dilling, Jacob Gronholt, Pedersen, Louise Rasmussen, Gwladys Organizations: SAS Airbus, Kastrup, Scandinavian Airlines, TT News Agency, REUTERS, Rights, Scandinavian, SAS, Air France, KLM, Air, Lind Invest, Apollo Global Management, Thomson Locations: Kastrup, Denmark, Rights COPENHAGEN, Danish, Air France, Stockholm, United States

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