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Prime Peke! Wasabi the Pekingese wins Westminster dog show
  + stars: | 2021-06-14 | by ( The Associated Press | ) + 0.00   time to read: +5 min
TARRYTOWN, N.Y. — The flavor of the year at the Westminster Kennel Club dog show: Wasabi. A Pekingese named Wasabi won best in show Sunday night, notching a fifth-ever win for the unmistakable toy breed. The Pekingese dog "Wasabi" wins Best in Show at the 145th Annual Westminster Kennel Club Dog Show June 13, 2021, at the Lyndhurst Estate in Tarrytown, N.Y. Timothy A. Clary / AFP - Getty ImagesThe 3-year-old Pekingese, meanwhile, was “pretty nonchalant about the whole thing,” his handler said. She guided Jade’s father, CJ, to a 2016 Westminster best in show win — and lost him last September, when the 7-year-old died unexpectedly of a fungal infection. David Fitzpatrick holds his Pekingese "Wasabi" after winning the Best in Show at the 145th Westminster Kennel Club Dog Show at Lyndhurst Mansion in Tarrytown, N.Y., on June 13, 2021.
Persons: Wasabi, Bourbon, , David Fitzpatrick, Patricia Trotter, ” Fitzpatrick, Malachy, , Timothy A, Clary, Fitzpatrick, Iris Love, Sandra Middlebrooks, Peggy Steinman, , Mathew the, Connor, Jade, Striker, Valerie Nunes, Atkinson, CJ, He’s, Nunes, Jade “, Boy, Rebecca Cross, Mike Segar, Barry Bonds, Cheryl Dugan, didn’t, Rocky, ” Bonds, “ I’ve, I’ve, Bonds, Douglas Tighe, Pennie, Tighe, Kole Brown, Riley, Kurtis Brown, Samantha Brown Organizations: Westminster Kennel Club, American Kennel Club, Westminster, Westminster Kennel, Getty, Garden, AKC, 145th Westminster Kennel, Lyndhurst, Reuters, Fox Sports, Sunday, U.S . Air Force Locations: TARRYTOWN, N.Y, Wasabi nabbed, East Berlin , Pennsylvania, Lyndhurst, Tarrytown, AFP, COVID, Highland, New York City, Madison, Temecula , California, Thailand, Bangkok, Gettysburg , Pennsylvania, Westminster, Brittany, Hope , New Jersey, U.S, San Antonio , Texas
German eyewear retailer plans Frankfurt IPO
  + stars: | 2021-06-14 | by ( Reuters Staff | ) sentiment -0.96   time to read: +2 min
The company sells glasses, shades and contact lenses online, working with local opticians for eyesight tests. In 2020, it reported gross profit of 81 million euros on sales of 164 million euros. Mister Spex said it plans to use the proceeds to accelerate its growth strategy, expand internationally and repay a bridge loan facility, as well as invest in technology. Mister Spex is owned by Graber and co-chief executive Mirko Caspar and investors, including Goldman Sachs, DN Capital, Scottish Equity Partners and XAnge. Earlier this year, it attracted 15 million euros in new money on top of a 65 million euro fundraising it closed in autumn of 2020.
Persons: Mister Spex, , Dirk Graber, Mirko Caspar, Goldman Sachs, Jefferies, Bryan Garnier, Commerzbank, Quirin Privatbank, Caroline Copley, Louise Heavens Organizations: Graber, DN Capital, Scottish Equity Partners, Barclays, Berenberg Locations: Frankfurt, Q3 BERLIN, Berlin
Live NATO Live Updates: Biden’s First Summit Will Focus on Russia and China President Biden is taking part in his first NATO summit as president. Biden’s first NATO summit as president will be a sharp contrast to Trump’s. Activists of the International Campaign to Abolish Nuclear Weapons and other peace initiatives staged a protest in Berlin in January. The accord outlaws the use, testing, development, production, possession and transfer of nuclear weapons and stationing them in a different country. “A world where Russia, China, North Korea and others have nuclear weapons, but NATO does not, is not a safer world,” she said.
Persons: Biden, Topping, Brendan Smialowski, Donald J, Trump, ’ ’, Emmanuel Macron, Jens Stoltenberg, Mr, Tobias Schwarz, , Tim Wright, Jessica Cox Organizations: NATO, China, Melsbroek, Sunday ., Agence France, Getty, New, International, Nuclear, Nuclear Weapons, United Nations Locations: Russia, China, Biden’s, Brussels, BRUSSELS, New United States, France, Afghanistan, Asia, Berlin, Geneva, NATO’s, United States, Britain, India, Israel, North Korea, Pakistan, American, Belgium, Italy, Spain
Scholz told Reuters that opinion polls suggested the SPD was "within striking distance" of its rivals. With France, Scholz drove efforts to introduce a global corporate minimum tax and new tax rules for tech giants. "But it was blocked by the real estate lobby which has the CDU/CSU parliamentary group firmly under its thumb," Scholz told Reuters. If we don't do this right now, we will jeopardize the foundations of our prosperity," Scholz told an audience in Berlin. As chancellor, Scholz would increase the minimum wage, tighten rent controls and maintain high public investment in greener and more digital infrastructure.
Persons: Angela Merkel, Olaf Scholz, Fabrizio Bensch, Chancellor Angela Merkel's, Merkel, Armin Laschet, Scholz, Albrecht von Lucke, Laschet, Lucke Organizations: REUTERS, German, CDU, CSU, Greens, Social Democrats, we'll, International Monetary Fund, Free Democrats, Belarus, Thomson Locations: Berlin, Germany, Warburg, Gaza
Musk sets bitcoin a Herculean task
  + stars: | 2021-06-14 | by ( ) sentiment -0.99   time to read: +1 min
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla's gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Tesla (TSLA.O) boss Elon Musk said on Sunday that his electric-car maker will allow customers to transact with bitcoin again when creating new coins becomes more climate-friendly read more . Tesla’s on-off relationship is a big driver of the crypto-asset’s value : Musk’s latest remarks sent it back above $40,000. So-called bitcoin miners use lashings of energy to generate a new coin every 10 minutes or so. The problem is bitcoin’s energy hunger is inbuilt.
Persons: Elon Musk, Tesla, bitcoin, John Foley, Philips Organizations: SpaceX, Cambridge University Locations: Gruenheide, Berlin, Germany, Virginia, Paris
Babbel, a language learning app, is offering 50% off gift lifetime access through June 20. A lifetime access pass (now $249) gets gift recipients unlimited bite-sized lessons in 14 languages. Babbel — a language learning service helmed by more than 150 educators, polyglots, editors, researchers, and linguists — is currently offering 50% off gift lifetime subscriptions for Father's Day. Babbel offers 14 different language courses, which is admittedly fewer than competitors Rosetta Stone's 23 and Duolingo's 37. You can buy a 50% off gift lifetime subscription here.
Persons: , Babbel's, Rosetta Stone's, Babbel, Rosetta Stone, Krystin Arneson, Arneson, who's Organizations: Rosetta, Freelance Locations: Berlin
Germany prepares to set up hydrogen accord with Australia
  + stars: | 2021-06-13 | by ( Reuters Staff | ) sentiment -0.95   time to read: +2 min
FRANKFURT (Reuters) - Germany on Sunday said it has taken steps towards a bilateral alliance on hydrogen production and trade with Australia to try and facilitate a renewable energy-based hydrogen supply chain between the countries. FILE PHOTO: German Economy Minister Peter Altmaier addresses a news conference in Berlin, Germany, April 27, 2021. John Macdougall/Pool via REUTERS/File PhotoEconomy minister Peter Altmaier and education and research minister Anja Karliczek signed a letter of intent to set up a “Germany Australia Hydrogen Accord” with their Australian counterpart, Angus Taylor, the economy ministry said in a press release. The two countries can take advantage of Australia’s limitless solar resources and employing German electrolysis technology, said Altmaier. Big energy firms including German utility RWE and Uniper have started looking into possible new trade routes for hydrogen, a cleaner alternative to fossil fuels from Australia and other places.
Persons: Peter Altmaier, John Macdougall, Anja Karliczek, Angus Taylor, Taylor, Karliczek, Uniper, feelers Organizations: Germany Australia Hydrogen, Australian, Reuters Locations: FRANKFURT, Germany, Australia, Berlin, Germany Australia, Union, Saudi Arabia, Canada, Chile, Morocco
Do not expect President Biden to call attention to the fact that his meeting with Russian President Vladimir Putin on Wednesday in Geneva coincides with the 60th anniversary of President John F. Kennedy's disastrous Vienna Summit with Kremlin leader Nikita Khrushchev in June 1961. Wrote McFaul, "Putin has invested heavily in nuclear modernization, while the United States has not. At the same time, Russian-backed cyber and influence operations on the United States and other Western democracies have escalated. White House officials have gone to lengths to limit the time Biden and Putin will meet, and he will not engage Putin in a joint press conference afterward. Frederick Kempe is a best-selling author, prize-winning journalist and president & CEO of the Atlantic Council, one of the United States' most influential think tanks on global affairs.
Persons: John F, Kennedy, Nikita Khrushchev, Biden, Vladimir Putin, Khrushchev, acquiescing, James, Scotty, Reston, Putin, Michael McFaul, Obama, Bashar al, Assad, Boris Johnson, Garry Kasparov, appeasing, Frederick Kempe Organizations: United States, U.S, Embassy, Wednesday, Cuban Missile, New York Times, Reston's New York Times, Warsaw, Foreign Affairs, NATO, British, Charter, European Union, Street, Atlantic Council, Wall Street, Twitter Locations: Soviet Union, Vienna, Austria, Geneva, Europe, Berlin, Cuban, East, West Berlin, United States, Soviet, Moscow, U.S, Reston's, China, Russia, Syria, Ukrainian, Russian
Germany's Laschet vows to raise military spending if elected
  + stars: | 2021-06-13 | by ( ) sentiment -0.99   time to read: +2 min
Tobias Schwarz/Pool via REUTERSGermany must increase military spending and take on a greater share of military burdens within NATO, the conservative candidate to succeed Angela Merkel as chancellor said in a newspaper interview on Sunday. Laschet, backed by Merkel's conservatives to run for chancellor at the Sept. 26 election, said he would ensure that Germany, Europe's largest economy, meets the alliance's spending target of 2% of gross domestic product. "When we have agreed something internationally, we should stick to it", he told Welt am Sonntag (WamS). He said the Bundeswehr, the federal armed forces, should take on more responsibility in Africa, around the Mediterranean and in Mali. read moreBut the Greens reject the two percent NATO target as they deem it costly and arbitrary.
Persons: Armin Laschet, Tobias Schwarz, Angela Merkel, Welt, Emmanuel Macron Organizations: Christian Democratic Union, CDU, REUTERS, NATO, Atlantic Treaty Organization, Bundeswehr, Union, United Nations, Sunday, Democrats, CSU, Greens, Green Party, Thomson Locations: Saxony, Anhalt, Berlin, Germany, REUTERS Germany, Brussels, China, Russia, Europe's, Africa, Mali, Sahel, Bavarian
German foreign minister urges flexibility, pragmatism in Iran talks
  + stars: | 2021-06-12 | by ( ) sentiment -0.98   time to read: +1 min
German Foreign Minister Heiko Maas gives a statement before a virtual meeting of NATO Foreign and Defence Ministers in Berlin, Germany, June 1, 2021. Bernd von Jutrczenka/Pool via REUTERS/File PhotoGerman Foreign Minister Heiko Maas urged all sides to show flexibility and pragmatism in talks about the Iranian nuclear deal which are due to resume later on Saturday afternoon. read more"It is about flexibility and pragmatism from all participating parties," he told Reuters. The new round of indirect talks is about how both sides might resume compliance with the old nuclear deal, formally called the Joint Comprehensive Plan of Action (JCPOA). read moreThe global oil market is watching the talks closely as additional oil volumes would weigh on prices.
Persons: Heiko Maas, Bernd von Jutrczenka, Donald Trump Organizations: NATO Foreign, Defence Ministers, Reuters, Thomson Locations: Berlin, Germany, Iran, United States, JCPOA, U.S
German Green leader wants new policy to aid industry in CO2 reduction
  + stars: | 2021-06-12 | by ( ) sentiment -0.90   time to read: +2 min
Germany's Green Party co-chairwoman Annalena Baerbock smiles after being nominated as the party's chancellor candidate during a party convention in Berlin, Germany, June 12, 2021. Michael Sohn/Pool via REUTERSThe German Green Party will seek to support the country's industry on its road to cutting carbon emissions by ensuring the state helps meet any additional costs companies incur, its leader Annalena Baerbock said on Saturday. On the second day of a party conference to approve the party's election programme, Baerbock said industry in Europe's leading economy would receive binding assurances on the support on offer. "We are proposing a new deal to German industry. The conference supported Baerbock and co-leader Robert Habeck's leadership with 98.5% approval, in a 473 to six vote and four exemptions.
Persons: Annalena Baerbock, Michael Sohn, Baerbock, Robert Habeck's, Chancellor Angela Merkel's Organizations: Germany's Green Party, German Green Party, Greens, Friday, Thomson Locations: Berlin, Germany, Europe's
German psychedelic startup Atai targets valuation of $2.3 billion in U.S. IPO
  + stars: | 2021-06-11 | by ( Reuters Staff | ) sentiment -0.99   time to read: +1 min
(Reuters) - Atai Life Sciences B.V., backed by billionaire investor Peter Thiel, said on Friday it was looking to raise as much as $214.3 million through a U.S. initial public offering, targeting a valuation of about $2.3 billion. The Berlin-based biotech startup, which is exploring the use of psychedelic treatments for mental health disorders, said it planned to sell around 14.29 million shares priced between $13 and $15 per share. (’s co-founder Christian Angermayer is an advocate of the mental health benefits of psychedelics such as psilocybin, the active ingredient in so-called magic mushrooms, for the treatment of depression, anxiety and substance use disorders. Launched in 2018, Atai has raised $362.3 million in cash so far, a regulatory filing showed. Atai will be listed on the Nasdaq and will trade under the ticker symbol “ATAI”.
Persons: Peter Thiel, Atai’s, Christian Angermayer, Atai, Cowen, Berenberg Organizations: Reuters, Sciences, U.S, Nasdaq, Credit Suisse, Citigroup, underwriters Locations: Berlin, U.S
German environmental groups file objection against Tesla gigafactory permit
  + stars: | 2021-06-11 | by ( ) sentiment -1.00   time to read: +1 min
The construction site of the future Tesla Gigafactory is seen in Gruenheide near Berlin, Germany, September 19, 2020. REUTERS/Hannibal Hanschke/File PhotoGerman environmental groups have filed an official objection to a provisional permit from the Brandenburg environmental authority for the construction of a Tesla (TSLA.O) gigafactory near Berlin, the groups' lawyer said on Friday. The objection is based on the claim that Tesla has not sufficiently clarified what precautions it will take to prevent highly poisonous gas from escaping from the factory, the objection document showed. It said Tesla had also changed its application documents to produce battery cells on the premise, for which it has not yet obtained the necessary permit. The groups, Gruene Liga and NABU, said they will go to court if the state authorities fail to file for a permit suspension by June 16.
Persons: Tesla, Hannibal Hanschke, NABU Organizations: Gruene Liga, Thomson Locations: Gruenheide, Berlin, Germany, Brandenburg, gigafactory
German fashion e-tailer About You seen listing at 23 eur/share - bookrunner
  + stars: | 2021-06-11 | by ( Reuters Staff | ) sentiment -0.99   time to read: +1 min
BERLIN, June 11 (Reuters) - German fashion e-tailer About You is expected to price its stock market listing at 23 euros per share, in the middle of its marketing range, the bookrunners organising the deal said. About You will sell new shares worth 600 million euros ($731 million) via a private placement as part of its flotation, and invest proceeds in international expansion and in its business-to-business (B2B) technology platform. The company, which operates in 23 European markets, competes with Zalando in consumer categories while its B2B platform pits it against Shopify, SAP and Salesforce. Its free float is expected to be between 21.2% and 21.7% after the listing. Deutsche Bank, Goldman Sachs, and J.P. Morgan are acting as joint global coordinators and joint bookrunners, with Numis Securities, Société Générale and UBS Investment Bank also acting as joint bookrunners.
Persons: Otto, Anders Holch Povlson, Goldman Sachs, Morgan, Société Générale Organizations: Shopify, SAP, Deutsche Bank, Numis Securities, Société, UBS Investment Bank Locations: BERLIN, Hamburg, Frankfurt
Some of Germany’s largest companies must ensure they have at least one woman on their management boards under legislation passed by the country’s lower house of parliament. The rule builds on a German law introduced about six years ago that requires large listed companies to fill 30% of their supervisory board seats with female nonexecutive directors. Under the legislation, companies that don’t fall under the new requirement have to report on whether they aim to add women to their management boards and justify their decision if they don’t plan to do so. Bundesrat, Germany’s upper house of parliament, will next consider the legislation, but its approval isn’t required for the bill to become law. He expects the legislation to accelerate appointments of women in leadership roles at German companies generally.
Persons: Christine Lambrecht, Bernd Von Jutrczenka, Zuma Press “, , bellwether DAX, , ” Cornelius Baur, Iris Plöger, Kim Richters Organizations: Bundestag, Zuma Press, German Institute for Economic Research, McKinsey & Co, of German Industries Locations: Berlin, Munich
A logo of Signa is pictured on a building nearby the Karstadt sport department store, in Berlin, Germany July 30, 2020. Wiggle's owner, private equity firm Bridgepoint, will become an investor in Signa Sports United as part of the deal, the source added. Signa Sports United runs firms like bicycle online shops or Bikester, tennis platforms Tennis-Point or Tennis Express, outdoor gear retailers like Campz and team sport shops Outfitter and Stylefile. The company operates more than 80 Web shops in 17 countries, reaching over 7 million online customers a year. After the Yucaipa deal, which is being organised by Citi (C.N) and Jefferies (JEF.N), property investor Rene Benko's Signa Holding will own about 50% of Signa Sports United.
Persons: Fabrizio Bensch, Rene Benko, Signa, Yucaipa, Bridgepoint, Rene Benko's Signa Organizations: REUTERS, Signa Sports United, New York Stock Exchange, Signa Sports, Sports United, Aeon Co, Central Group, Tennis Express, Citi, Jefferies, Thomson Locations: Berlin, Germany, Austrian, Britain, Frankfurt
Germany Shuts Door on Patent Trolls
  + stars: | 2021-06-11 | by ( Ruth Bender | ) + 0.00   time to read: +4 min
Until now, patent owners were able to almost instantly obtain temporary bans from courts on the sale of products accused of patent infringement. If a court upholds the patent claims while rejecting an injunction, it would still have to order the alleged infringer to pay reasonable compensation to the patent holder. Proponents of the reform say the new law will give judges more leeway to push back against companies seeking to abuse Germany’s patent law for profit. Critics have accused them of preying on big corporations in German courts. “We see a clear weakening of patent law and this can also bear risks in an innovation-driving country like Germany,” said Beat Weibel, head of intellectual property at industrial engineering company Siemens AG , one of the leading patent owners in Europe.
Persons: Christine Lambrecht, Tyler Blint, Critics, infringers, Ludwig von Reiche, , Weibel, Ruth Bender Organizations: Apple Inc, Samsung Electronics Co, Inc, SAP, Deutsche Telekom AG, Volkswagen AG, Google, Samsung, Nvidia Corp, News, Nvidia, Bayer AG, BASF, Siemens AG Locations: BERLIN, Germany, U.S, European, Europe
Semiconductor equipment maker MKS Instruments Inc (MKSI.O) has approached Atotech Ltd (ATC.N), a specialty chemicals group that has a market value of $4.7 billion, with an acquisition offer, people familiar with the matter said on Thursday. There is no certainty that Atotech will engage in negotiations with MKS or that any deal will be reached, the sources said, requesting anonymity because the matter is confidential. Spokespeople for MKS and Carlyle both declined to comment, while Atotech did not respond to a request for comment. MKS is an Andover, Massachusetts-based manufacturer of instruments and systems used in the semiconductor, industrial technologies and life and health sciences industries. MKS made a $6 billion offer in February for laser maker Coherent Inc (COHR.O).
Persons: Atotech, Carlyle Organizations: Semiconductor, MKS, Atotech Ltd, Carlyle Group Inc, Carlyle, Thomson Locations: Berlin, Andover , Massachusetts
Particularly coming out of World War II, the Soviet Union and the United States were the global leaders in vaccine science. So while the technology was developed in the United States, there just was no way to test this in the United States. And they visited with American scientists and asked for a sample of this new polio vaccine to bring back to the Soviet Union. And the live polio vaccine sample was carried to the Soviet Union by one account in the pocket of Mikhail Chumakov. And they decide that they will provide the live polio vaccine to their own young children on sugar cubes.
Persons: michael barbaro, I’m Michael Barbaro, Sabrina Tavernise, Andrew Kramer, sabrina tavernise Andrew, andrew kramer Sabrina, tavernise Hi, andrew kramer, andrew kramer Russia, that’s, It’s, it’s, sabrina tavernise Tell, andrew kramer Well, sabrina tavernise, andrew kramer That’s, andrew kramer Polio, Eisenhower, virologists, Mikhail Chumakov, Maria Voroshilova, who’s, tavernise, Sabin, albert b, sabin, Andrew, they’re, they’ve, coronavirus, michael barbaro We’ll, Russia’s, there’s, Alexei Navalny, andrew kramer Right, sabrina tavernise Sputnik, vladimir putin, Putin, we’re, Vladimir Putin, Trump, sabrina tavernise What’s, sabrina tavernise That’s, Luis Arce, Covid Organizations: New York Times, Daily, Covid, U.S, Soviets, Soviet, State Department, Defense Department, virology, United, Sputnik, Union, U.S ., U.S . Department of Health, Human Services, European Union Locations: Russia, Russian, U.S, Soviet Union, United States, Soviet, Berlin, powderkeg, Europe, Japan, America, Pacific, Eastern Europe, Southeast Asia, Moscow, Baltic, Estonia, Latvia, Lithuania, United, Soviet Russia, Ukraine, China, Cuba, Iran, Syria, North Africa, Venezuela, Belarus, Hungary, It’s, Brazil, Latin America, American, Slovakia, Italy, Bavaria, Germany, Argentina, Mexico, Bolivia, Republic, San Marino
REUTERS/Fabrizio Bensch/File PhotoKrafton, the company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), will launch its IPO early next week in what could be South Korea's largest listing in 11 years, people familiar with the matter said. South Korea is experiencing its hottest IPO market on record and analysts expect that least 20 trillion won ($18.4 billion) will be raised in 2021, which would be about four times above 2020 levels. read moreKrafton would be valued at around $25 billion based on its current plans, although the final size of the IPO could increase, another person added. In a statement, Krafton said that it could not comment on details of the IPO before it lodges a regulatory filing. At $5 billion-plus, Krafton would become the biggest IPO in South Korea since the 4.9 trillion won ($4.4 billion) float of Samsung Life Insurance (032830.KS) in 2010, exchange data shows.
Persons: Fabrizio Bensch, Krafton Organizations: PUBG, REUTERS, HK, Korea Exchange, Reuters, Samsung Life Insurance, LG Energy, Thomson Locations: Berlin, Germany, South Korea
The 2015 Nobel literature laureate Svetlana Alexievich arrives for questioning by a state investigative committee during an outbreak of mass protests in Minsk, Belarus, August 26, 2020. REUTERS/Vasily FedosenkoSvetlana Alexievich, who won the Nobel literature prize for her oral history of the end of the Soviet Union, is devoting her latest book to the "revolution with a woman's face" in her native Belarus after a disputed election last year. Alexievich, 73, became a Nobel laureate in 2015 for her account focusing on the Soviet quagmire in Afghanistan and the Chernobyl nuclear disaster. Last year, she gained a front-row view of the mass protests that erupted in Belarus after President Alexander Lukashenko claimed a landslide victory in the 2020 presidential election. But, speaking ahead of the premiere at the Berlin Film Festival of Aliaksei Paluyan's documentary film "Courage", about the street protests, Alexievich said the demonstrators had done something unique and could count on one day triumphing.
Persons: Svetlana Alexievich, Vasily Fedosenko Svetlana Alexievich, Alexander Lukashenko, Sviatlana Tsikhanouskaya, Alexievich, Lukashenko, Aliaksei, Tsikhanouskaya, Maria Kolesnikova, it's, it'll, Vladimir Putin Organizations: REUTERS, Reuters, Berlin, Thomson Locations: Minsk, Belarus, Soviet Union, Afghanistan, Berlin, Europe, Lithuania, Russia, Poland, Prussia, Moscow
“In international relations, all politics is personal,” Biden said during a visit to South Korea in 2013. Just after touching down in the U.K. Wednesday, Biden told service members at a Royal Air Force station in Mildenhall that he’d visited “well over 100 countries” as a senator and vice president. Biden offered: “Possibilities.”“Personal relationships are the only vehicle by which you build trust,” Biden told Xi two years later when he returned for more meetings in Beijing. There’s a risk, though, of focusing on the personal at the expense of the substance. But Biden has often told the story of his last-known face-to-face meeting with Putin, telling him bluntly that he “has no soul.”“We understand each other,” Biden says Putin replied.
Persons: Joe Biden, Justin Trudeau, Angela Merkel, Biden, China’s Xi, Naomi, ” Biden, Donald Trump’s, warily, Jen Psaki, “ He's, , , he’d, Xi, Vladmir Putin, Vladimir Putin, Jake Sullivan, There’s, Putin, Ted Kaufman, Biden’s, ” Kaufman, MSNBC’s Ayman Mohyeldin, … He’s, Trump, “ He’s, Matthew Goodman Organizations: IVES, White, Foreign Relations, Wednesday, Royal Air Force, , U.S, Center for Strategic & International Studies Locations: England, Canadian, Berlin, China, Cornwall, South Korea, Europe, Mildenhall, Beijing, Delaware, United States, U.S
Adidas invests in Finnish textile recycling firm
  + stars: | 2021-06-10 | by ( Reuters Staff | ) + 0.94   time to read: +1 min
The Adidas logo is pictured during celebrations for German sports apparel maker Adidas' 70th anniversary at the company's headquarters in Herzogenaurach, Germany, August 9, 2019. Adidas has agreed to subscribe for 3 million euros ($3.65 million) worth of shares in the company’s planned initial public offering, bringing the total investment it has secured to 58 million euros, Spinnova said in a statement. “We are an ideal match with the ambitious and pioneering Adidas sustainability strategy,” Spinnova CEO and co-founder Janne Poranen said. It said Adidas wanted to secure access to “significant volumes” of its patented fibre in future. A 500 million euro sustainability bond Adidas issued last September was five times oversubscribed, with proceeds earmarked for investing in renewable energy production and projects to promote recycled materials.
Persons: Andreas Gebert, Spinnova, Janne Poranen Organizations: Adidas, REUTERS, BERLIN, Finland’s Locations: Herzogenaurach, Germany, Finland’s Spinnova, Finland
Adidas invests in Finnish sustainable fibre firm Spinnova
  + stars: | 2021-06-10 | by ( Reuters Staff | ) + 0.57   time to read: +1 min
(Corrects description of company in headline)The Adidas logo is pictured during celebrations for German sports apparel maker Adidas' 70th anniversary at the company's headquarters in Herzogenaurach, Germany, August 9, 2019. REUTERS/Andreas Gebert/FilesBERLIN (Reuters) - German sportswear firm Adidas, which is seeking to increase the proportion of sustainable materials it uses in its products, is investing in Finland’s Spinnova, a company that makes textile fibre out of wood or agricultural waste. “We are an ideal match with the ambitious and pioneering Adidas sustainability strategy,” Spinnova CEO and co-founder Janne Poranen said. Spinnova is building its first commercial factory in Finland with strategic partner and wood raw material supplier Suzano, and is also building a pilot facility for fibre production out of leather waste. It said Adidas wanted to secure access to “significant volumes” of its patented fibre in future.
Persons: Andreas Gebert, Spinnova, Janne Poranen Organizations: Adidas, REUTERS, BERLIN, Finland’s Locations: Herzogenaurach, Germany, Finland’s Spinnova, Finland
Italian police target for alleged tax evasion
  + stars: | 2021-06-10 | by ( Emilio Parodi | ) + 0.00   time to read: +3 min
The logo of online accommodation booking website is pictured at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. REUTERS/Fabrizio BenschItaly's tax police believe (BKNG.O) evaded 153 million euros of value added tax (VAT) in connection with holiday rentals booked through its platform, two sources with knowledge of the matter told Reuters on Thursday. The police said their tax audit was conducted as part of a criminal investigation led by prosecutors in the northwestern coastal town. Private accommodation sites which are not professionally run have no VAT number, and the online travel agency is supposed to operate as a withholding agent. During this period, the commission collected by in Italy from this type of private client amounted to 700 million euros, with unpaid VAT of 153 million euros, the sources said.
Persons: Fabrizio Bensch, Ivan Bixio Organizations: International Tourism Trade, REUTERS, Reuters,, Group, U.S ., Holdings, Genoa police, Thomson Locations: Berlin, Germany, Genoa, Netherlands, The Netherlands, Delaware, Italy
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