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☆ Popular app banned from hosting young teens in a groundbreaking settlement
▼ + stars: | 2024-07-09 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

The regulators wrote that the app billed itself as a “safe space” for teens but, in reality, preyed on them. The app, known as NGL, had been downloaded millions of times, according to the complaint. NGL deceptively hooked teens into subscribing to its premium service by sending them fake, anonymous messages and then promising to reveal the sender after they paid, said the complaint. Highlighting the groundbreaking nature of the NGL settlement, FTC Commissioner Andrew Ferguson described Tuesday’s action as a “novel” use of the agency’s legal powers. But, he argued, the public should not interpret the lawsuit to mean that it is illegal in general to market any anonymous messaging app to teens.

Persons: ”, Lina Khan, ” NGL, NGL, Joao Figueiredo, ” Figueiredo, “ I’ve, Figueiredo, Khan, Andrew Ferguson, ” Ferguson, Kristin Bride, Bride, Carson, Fairplay Organizations: Washington CNN, Federal Trade Commission, Los Angeles, Attorney’s, US, Court, Central, Central District of, FTC, Meta, Epic Games, Facebook Locations: Central District, Central District of California, New York, Arkansas, Florida , Louisiana

ET / 3 a.m. BST (Sun) / 10 a.m. AWST (Sun)How to watch UFC 300 in the USAmerican UFC fans know the drill by now. You can purchase the streamer's PPV Package, which is a one-year ESPN+ subscription with the next UFC PPV fight (in this case, UFC 300) for $134.98. Where to watch UFC 300 everywhere elseThere are a few international viewing options for UFC 300 for those who aren't in the US. Install it on the device you're using to watch UFC 300. UFC 300 Fight Card: Pereira vs. HillMain card - 10 p.m.

Persons: Alex Pereira, Jamahal, we've, Pereira, Hill's, Zhang Weili, Yan Xiaonan, ExpressVPN, Justin Gaethje, Max Holloway, Charles Oliveira, Arman Tsarukyan, Bo Nickal, Cody Brundage, Aleksandar Rakić, Calvin Kattar, Aljamain Sterling, Holly Holm, Kayla Harrison, Sodiq, Diego Lopes, Turner, Renato Moicano, Jéssica Andrade, Marina Rodriguez, Women's, Bobby Green, Jim Miller, Deiveson Figueiredo, Cody Garbrandt Organizations: Business, UFC, ESPN, TNT Sports, US, Hulu Locations: Las Vegas, Canada, ExpressVPN

☆ For Fall, Jackets and Knits With a Modern Edge
▼ + stars: | 2023-11-21 | by ( Kyle Weeks | Ian Bradley | ) www.nytimes.com time to read: 1 min

Hair by Yann Turchi at Bryant Artists. Makeup by Aurore Gibrien at Bryant Artists. Hair stylist’s assistant: Joel Phillips. Makeup assistant: Lou Boidin. Stylist’s assistants: Alan Lucas, Lina Velásquez

Persons: Amare, Angie Marqueton, Ateta Jok Deng, Mel van Roemburg, Maria Figueiredo, Tamara Oulahbib, Eva Yelmani, Yann Turchi, Aurore Gibrien, Emma Matell, Mitchell O’Neil, Pietro Lazzaris, Hair, Joel Phillips, Lou Boidin, Alan Lucas, Lina Velásquez Organizations: Metropolitan, Elite Model Management, Lis, Lis Rutten Agency, Paris, Bryant Artists Locations: Lis Rutten

With the economy stumbling along slower than the Bank of Canada forecast just last week, analysts said there is no need to raise rates again from 5.0%, a 22-year high. July GDP was revised to being marginally negative from an initial report of zero growth, Statistics Canada said. This data reaffirms our view that the Bank of Canada is done raising rates for this cycle," Figueiredo said. The central bank has said its previous rate hikes are sinking in. The projected contraction in third-quarter annualized growth is far lower than the Bank of Canada (BoC) forecast last week.

Persons: Chris Helgren, Tiago Figueiredo, Figueiredo, Macklem, Benjamin Reitzes, Reitzes, Ismail Shakil, Steve Scherer, Dale Smith, Jonathan Oatis Organizations: Roberts Bank, REUTERS, Rights OTTAWA, Bank of Canada, Canadian, Reuters, Statistics, BoC, BMO Capital Markets, Thomson Locations: Delta, British Columbia, Canada, Canadian, Statistics Canada, Ottawa

☆ How Sony's Hawk-Eye electronic line-calling system transformed the U.S. Open
▼ + stars: | 2023-09-09 | by ( Sydney Boyo | ) www.cnbc.com time to read: +4 min

Instead, the tournament uses Hawk-Eye Live, an electronic line-calling system, to determine whether a tennis shot is in or out. Electronic line-calling has been around tennis since the 1980s, dating back to Cyclops, a system used during Wimbledon to judge if a ball was in play or not. "During that match, the U.S. Open was trialing a Hawk-Eye system," said Clarey. After the match, Williams received an apology and the umpire was dismissed. "The NBA have chosen Sony and Hawk-Eye technology because it raises the level of their game," said Theresa Alesso, president of Imaging Products and Solutions Americas at Sony.

Persons: Christopher Clarey, Roger Federer, Paul Hawkins, it's, Serena Williams, Jennifer Capriati, Williams, Ben Figueiredo, Figueiredo, Craig O'Shannessy, Novak Djokovic, We've, Theresa Alesso Organizations: U.S ., New York Times, International Tennis Federation, Australian, U.S, Sony, WNBA, MLS, NFL, NBA, Imaging Products, Solutions Locations: Wimbledon, U.S

Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing an interest rate decision in Ottawa, Ontario, Canada April 12, 2023. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Sept 6 (Reuters) - The Bank of Canada on Wednesday is expected to keep rates on hold at a 22-year high of 5% after the economy unexpectedly shrank in the second quarter, analysts said. While the economy turned negative in the second quarter, inflation has been stubborn, unexpectedly rising to 3.3% in July as core measures remained well above 3%. Canada's Liberal Prime Minister Justin Trudeau's support has sagged amid high inflation as his Conservative rival, Pierre Poilievre, hammered him for feeding inflation with government spending and driving up rates during a housing crisis. But core inflation measures are inching down slowly, and a wealth of data is due out before the bank next meets to discuss rates in October.

Persons: Blair Gable, Derek Holt, Justin Trudeau's, Pierre Poilievre, Tiago Figueiredo, Holt, Steve Scherer, Mark Porter Organizations: Canada, REUTERS, Rights, Bank of Canada, of Canada, Scotiabank, Canada's Liberal, Conservative, Bank of Canada's, Desjardins Group, Reuters, BoC, Thomson Locations: Ottawa , Ontario, Canada

Analysts polled by Reuters had forecast inflation would rise to 3.0% from the 27-month low of 2.8% recorded in June. Money markets increased bets for a quarter-percentage-point rate hike in September. They saw a 35% probability immediately after the release of the inflation data, up from 22% beforehand, and then settled back to a 31% chance. Not all economists thought the stronger-than-expected price data would tip the scales toward a hike as soon as its next meeting in September. The Bank of Canada, after its last rate hike in July, said it would study data closely before moving again.

Persons: Carlos Osorio, Statscan, Derek Holt, Tiago Figueiredo, Jules Boudreau, Ismail Shakil, Steve Scherer, Dale Smith, Paul Simao, Jonathan Oatis Organizations: REUTERS, OTTAWA, Reuters, Statistics, Bank of, Scotiabank, Canadian, Bank of Canada, Desjardins Group, Mackenzie Investments, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa

[1/5] An elderly woman leaves her house as a wildfire approaches, in Cascais, Portugal, July 25, 2023. REUTERS/Pedro NunesCASCAIS, Portugal, July 25 (Reuters) - Aided by local residents, hundreds of Portuguese firefighters scrambled on Tuesday to put out flames sweeping across a natural park near the popular holiday destination of Cascais, with strong winds complicating efforts to tackle the blaze. Backed by 189 vehicles, more than 600 firefighters were brought in after the fire erupted. "They (firefighters) do what they can," said Miguel Medeiros, a local resident who has helped fight the flames. EU data shows Portugal, which has so far escaped the recent heatwave causing deaths and destruction across southern Europe, is usually one of the bloc's worst-hit countries by wildfire.

Persons: Pedro Nunes CASCAIS, Ines Figueiredo, Cascais Carlos Carreiras, Miguel Medeiros, Catarina Demony, Miguel Pereira, Pedro Nunes, Rosalba O'Brien Organizations: REUTERS, Thomson Locations: Cascais, Portugal, Sintra, Lisbon, Europe, China, United States

☆ Bank of Canada expected to hike rates as economy outperforms
▼ + stars: | 2023-07-12 | by ( Steve Scherer | ) www.reuters.com time to read: +2 min

"We expect the Bank of Canada to raise its policy rate to 5.00% and leave the door open to more hikes this fall." Twenty of 24 economists surveyed by Reuters expect the central bank to lift rates by another quarter of a percentage point and then hold them there well into 2024. Money markets see more than a 70% chance of a rate hike on Wednesday, and are fully pricing in such a move by September. Canada added far more jobs than expected in June, according to data published on Friday. "And let's face it, inflation is still above the Bank of Canada's 2% target."

Persons: Royce Mendes, Tiago Figueiredo, Doug Porter, Porter, Steve Scherer, Fergal Smith, Paul Simao Organizations: OTTAWA, Bank of Canada, BoC, Bank of Canada's, Group, Reuters, BMO Capital Markets, Thomson Locations: Canadian, Canada

OTTAWA, June 30 (Reuters) - Canada's economy regained momentum in May after stalling in April, Statistics Canada data showed on Friday, leaving the door open for the Bank of Canada to hike interest rates in July. The economy was unchanged in April from March, missing forecasts, in what economists said was the fallout from a federal civil servant strike in April. Canada's goods-producing sector expanded 0.1% in April, but were offset by a slight decline in the service-producing sector. Figueiredo expects the central bank to raise interest rate by another 0.25% in July. Money markets see a roughly 61% chance of the central bank hiking rates in July.

Persons: Statscan, it's, Doug Porter, Desjardins, Tiago Figueiredo, Figueiredo, Ismail Shakil, Nivedita Balu, Dale Smith, Jonathan Oatis, Philippa Fletcher Organizations: OTTAWA, Statistics, Bank of Canada, Reuters, BMO Capital Markets, Public Service Alliance of Canada, Toronto Stock, Canadian, Thomson Locations: Statistics Canada, Ottawa, Toronto

Lula departs for China this weekend, but many executives and lobby groups have traveled ahead of the president, government officials said. JBS representatives said the company aims to bolster commercial ties with China, a key trading partner. In a statement, ABPA said they are seeking recognition from Beijing that Rio Grande do Sul and Parana are free of foot-and-mouth disease without vaccination, in order to export pork with bones and pork offal. China buys 44% of Brazil's pork exports by volume and around 14% of its chicken exports, according to ABPA data for the first two months of 2023. Some 62% of Brazil's beef exports went to China last year.

☆ Bank of Canada seen leaving rates unchanged as growth stalls
▼ + stars: | 2023-03-08 | by ( Steve Scherer | ) www.reuters.com time to read: +3 min

[1/2] Bank of Canada Governor Tiff Macklem holds a news conference at the Bank of Canada, amid the coronavirus disease (COVID-19) outbreak, in Ottawa, Canada, June 22, 2020. "We expect the Bank of Canada to be the first G10 central bank to hold rates," said Jay Zhao-Murray, a forex analyst at Monex Canada. Money markets expect the policy rate to be left on hold on Wednesday but are pricing in another tightening by September. "Look for the Bank of Canada to point to slowing GDP growth and inflation when justifying its decision to maintain the level of rates," said Royce Mendes and Tiago Figueiredo, Desjardins economists, in a note. "The central bank is unlikely to do much to endorse the view that further rate hikes will be necessary," they said.

SAO PAULO, March 2 (Reuters) - A confirmed case of mad cow disease in Brazil discovered last month is "atypical," the agriculture ministry said on Thursday, adding it will work to lift beef export suspensions swiftly enacted by several countries in Asia. In a statement, the agriculture ministry pointed to an analysis conducted by the World Organization for Animal Health (WOAH) that confirmed the unusual case of mad cow disease. The case of mad cow disease, known scientifically as bovine spongiform encephalopathy (BSE), was found in a nine-year old bull from northern Para state. Earlier on Thursday, three additional Asian markets - Thailand, Iran and Jordan - slapped temporarily bans on beef imported from anywhere in Brazil. Officials explained that atypical cases of mad cow disease can occur spontaneously in cattle populations and such infections do not depend on ingestion of feed contaminated by abnormal pathogens known as prions.

☆ Death toll from devastating Brazil downpours rises to 44
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Feb 21 (Reuters) - The death toll from heavy rains that devastated coastal areas of Brazil's southeastern Sao Paulo state rose to 44 people, according to a state government statement on Tuesday. The city of Sao Sebastiao bore the brunt of the human toll, with 43 reported deaths. [1/5] Firefighters work to find victims in one of the landslides sites after severe rainfall at Barra do Sahy in Sao Sebastiao, Brazil, February 21, 2023. Sao Paulo state Governor Tarcisio de Freitas said the Navy would build a field hospital for victims starting Thursday. The deluge happened as tourists thronged to Brazil's beaches during the annual Carnival holiday, likely making the human toll much worse.

UFC 283 will stream live on January 21, with the main card starting at 10 p.m. How to watch UFC 283You can watch the main event of UFC 283 on ESPN+ at 10 p.m. ET on ESPN+, ESPN, and ABC. Ways to save on the UFC 283 pay-per-view priceIf you plan on signing up for ESPN+ to watch UFC 283, you can take advantage of a special discounted package. Here's the fight card for UFC 283: Teixeira vs. HillESPNEarly Prelims — 5:30 p.m.

☆ Brazil economy ministry rejects Lula transition team's judgment on finances
▼ + stars: | 2022-12-11 | by ( Nayara Figueiredo | ) www.reuters.com time to read: +2 min

SAO PAULO, Dec 11 (Reuters) - Brazil's Economy Ministry on Sunday rejected assertions by president-elect Luis Inacio Lula da Silva's transition team that the outgoing administration was leaving government finances "bankrupted." The Economy Ministry said in a statement that gross debt will reach 74% of GDP by the end of the year, with a primary surplus (excluding debt costs) of 23.4 billion reais, the first since 2013. Last week, the Planning and Budget group in Lula's camp said President Jair Bolsonaro is leaving the Brazilian state "bankrupted," according to former minister and transition team member Aloizio Mercadante. Brazil will pay international financial institutions $1.23 billion next year, 20% below the $1.56 billion that was due in 2016, the ministry said. Lula's transition team is in talks to approve a bill allowing 145 billion reais in expenses above the current legally allowed ceiling.

☆ Meatpacker JBS's plunging profit beats forecasts
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Nov 10 (Reuters) - Brazil's JBS SA (JBSS3.SA), the world's largest meat producer, on Thursday reported a quarterly profit that plunged 47.1%, nevertheless beating analysts' estimates as higher revenues helped offset rising costs. The company posted a third-quarter net profit of 4.01 billion reais ($745.35 million), while analysts polled by Refinitiv had expected it to land at 3.75 billion reais. ($1 = 5.3800 reais)Reporting by Nayara Figueiredo; Writing by Peter FrontiniOur Standards: The Thomson Reuters Trust Principles.

☆ 'Now I'm one of you,' Hamilton tells Brazil as he becomes honorary citizen
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

[1/4] British Formula One racing driver, Lewis Hamilton gestures, after he received the title of honorary citizen of Brazil at the Chamber of Deputies in Brasilia, Brazil November 7, 2022. REUTERS/Adriano MachadoNov 7 (Reuters) - Seven-times Formula One world champion Lewis Hamilton was made an honorary citizen of Brazil on Monday by the country's lower house of Congress and dedicated the honour to his boyhood idol, the late Brazilian triple world champion Ayrton Senna. The lower house passed in June a bill to make the 37-year-old an honorary citizen that was proposed by congressman Andre Figueiredo after the British driver won the 2021 Brazilian Grand Prix for the third time. "I have so many amazing memories of Brazil," Hamilton said. Hamilton pledged to continue pushing for diversity and said that visiting the Amazon rainforest was one of his dreams.

☆ Lower cattle prices to fatten Brazilian meatpackers' margins, analysts say
▼ + stars: | 2022-10-24 | by ( Nayara Figueiredo | ) www.reuters.com time to read: +2 min

SAO PAULO, Oct 24 (Reuters) - A decline in Brazilian cattle prices this year and strong demand for the country's beef exports will widen Brazilian meatpackers' margins in the short term, according to analysts, though weakness in the domestic market could undercut those gains. "The margins of slaughterhouses that export has improved," said Alcides Torres, director of Scot Consultoria. Beef prices in Brazil have been dropping on the back of a higher number of cattle coming to market as well as the more aggressive negotiating stances adopted by foreign buyers, especially China. A weaker yuan currency has pushed China, which accounted for almost 53% of Brazilian beef purchases in September, to press for discounts from sellers in the South American nation, Safras & Mercado analyst Fernando Iglesias said. Brazil's beef exports in October have already surpassed those from the same month in 2021, according to government data.

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