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'We need support' - Portuguese restaurant owners stage lockdown hunger strike
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
LISBON (Reuters) - Nine restaurant, bar and nightclub owners began a fifth day of hunger strike on Tuesday outside Portugal’s parliament in protest against coronavirus restrictions. Slideshow ( 5 images )“We need support ... to keep our heads above water,” said Alberto Cabral, who runs a nightclub. One more business owner joined their strike on Sunday. “It’s just insolvencies, insolvencies,” restaurant owner Joao Sotto Mayor said. In compensation for weekend lockdowns, the government offered restaurants 20% of their average revenue between January and October of this year.
Persons: , Alberto Cabral, restaurateurs, “ It’s, Joao Sotto Mayor, Jose Gouveia, ” Gouveia Organizations: ., Owners Locations: LISBON, Portugal’s, Portugal
FILE PHOTO: A street artist performs with soap bubbles at Rossio square during the coronavirus disease (COVID-19) outbreak, in downtown Lisbon, Portugal October 31, 2020. The fall has been steepest following deep recessions such as the current one triggered by COVID-19. “Women in Italy have children when they feel secure from a work, economic and health point of view. In Germany, Europe’s largest economy, the fertility rate before the pandemic was around the EU average of 1.5 births per woman. In both areas, southern Europe lags the north, he said, adding that “inequalities have become more evident due to the pandemic”.
Persons: , Rafael Marchante, Vanessa Cunha, ” Irene Pontarelli, Tony, Maria Vicario, Eva Nordlund, Rui Pires, Alessandro Rosina, Gian Carlo Blangiardo, Alejandro Macarron Organizations: REUTERS, University of Lisbon’s ICS, Italy’s, , Swedish Association, Milan’s Cattolica University, Lisbon University Institute, Cattolica University, Madrid’s CEU University Locations: LISBON, ROME, Lisbon, Portugal, Europe, Italy, Greece, Italian, Ferrara, Isernia, Lazio, Rome, checkups, Sweden, Germany, Europe’s, France, Denmark, Spain, Britain, Cattolica, , Malta
Portugal's main telcos sign up for 5G auction amid legal dispute
  + stars: | 2020-11-30 | by ( Sergio Goncalves | ) www.reuters.com sentiment -1.00   time to read: +2 min
LISBON (Reuters) - Portugal´s three biggest telecoms companies said they had submitted applications to take part in the country’s 5G licence auction amid a legal dispute with the Portuguese telecoms regulator over the rules. FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS/Neil HallNOS, Vodafone and Altice - which together serve nearly 100% of Portugal’s mobile customers - all said they filed their applications for the auction on November 27. Altice, Vodafone and NOS will have to share their infrastructure and offer national roaming to the new entrants’ customers. A NOS spokesman said the company expected the auction rules to be changed.
Persons: Neil Hall, ANACOM, Organizations: Vodafone, REUTERS, Neil Hall NOS, NOS, European Commission Locations: LISBON, Portugal, London, Britain, Lisbon, Vodafone Portugal
LISBON (Reuters) - Retailers worldwide have never had more reason to pack warehouses to the brim and keep stock closer to shoppers who continue to buy a record number of items online. General view of Europa Worldwide Group's warehouse in Corby, Britain in this November 2020 handout obtained by Reuters November 28, 2020. The rise in e-commerce throughout the year as a consequence of the pandemic had already pushed warehouse space to the limit. Shoe producer Vivo Barefoot said it was shipping as many shoes as possible from its Portugal manufacturing site to its UK warehouse ahead of December. Even after the pandemic, demand for warehouse space is expected to remain high as customers now used to ordering online continue to do so.
Persons: handout, Hugo Boss, Armour, Al Gerrie, it’s, David Schroeder, , Nick Cook, Vivo Barefoot, Primark, Robert Dobrzycki, Andrew Jones, , Tim Crighton, haven’t, ” Al, ” Paul Weston Organizations: Europa, Reuters, Europa Worldwide, REUTERS, Brands, Zalando, Amazon, DHL, Logistics, , EU, Savills, Parker Lane Group Locations: LISBON, Corby, Britain, Europe, Hamburg, Rotterdam, Portugal, Wakefield, Barcelona, Warsaw
**Embargoed until 12.01 am (Dublin/Lisbon/London time, GMT) November 30th 2020**LONDON — Six Portuguese children and young adults cleared a major legal hurdle on Monday in a climate litigation case they brought against 33 European countries, claiming government climate inaction jeopardized their futures. The European Court of Human Rights on Monday said it would greenlight their climate lawsuit against countries including Germany, France, the U.K. and Greece. André's big sister, Sofia Oliveira, 15, is a fellow applicant in the European lawsuit and cited teen climate activist Greta Thunberg along with British television naturalist David Attenborough as her major inspirations. "The climate movement as a grassroots movement reinforces the climate litigation," he told NBC News ahead of the decision. Johanna Geron / ReutersThe European court's decision to proceed comes weeks ahead of a European Union decision on its 2030 emissions target.
Persons: Sergio Azenha, André Oliveira, André, Sofia Oliveira, Greta Thunberg, David Attenborough, Sofia, Gerry Liston, Donald Trump, Armando Franca, Joe Biden, John Kerry, Johanna Geron, Liston Organizations: of Human, Firefighters, NBC, Global, United Nations, European, Thomson Reuters Foundation Locations: Dublin, Lisbon, London, Germany, France, Greece, Roqueiro, Oleiros, Portugal, Portugal's, Strasbourg, GLAN, crowdfunding, Portugal's Leiria, United States, West, Paris, Netherlands, U.S, Brussels
Portugal won't renege on Novo Banco commitments: finance minister
  + stars: | 2020-11-27 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
LISBON (Reuters) - Portugal’s finance minister said on Friday the state would comply with all its commitments related to Novo Banco after opposition parties blocked a 476 million euro ($567.53 million) capital injection for the lender next year. FILE PHOTO: A man walks near ATM machines of a Novo Banco branch in downtown Lisbon, Portugal April 10, 2018. “Portugal will meet, as it has always done, its commitments assumed regarding Novo Banco,” Leao said in a short statement sent to Reuters without providing further details. Opposition parties fear Novo Banco could be benefiting Lone Star by selling it discounted non-performing assets, which inflated Novo Banco’s losses. The bank and Lone Star have denied this.
Persons: Rafael Marchante, Rui Rio, Joao Leao, ” Leao, Antonio Costa, Christine Lagarde Organizations: Novo Banco, REUTERS, Banco, Banco Espirito Santo, U.S, Lone Star, Portuguese, Social Democrats, Social, Finance, Reuters, European Central Bank Locations: LISBON, Novo, Lisbon, Portugal, Brussels, “ Portugal
LISBON (Reuters) - Portugal’s finance minister said on Friday the state would comply with all its commitments related to Novo Banco after opposition parties blocked a 476 million euro ($567.53 million) capital injection for the lender next year. FILE PHOTO: A man walks near ATM machines of a Novo Banco branch in downtown Lisbon, Portugal April 10, 2018. “Portugal will meet, as it has always done, its commitments assumed regarding Novo Banco,” Leao said in a short statement sent to Reuters without providing further details. Opposition parties fear Novo Banco could be benefiting Lone Star by selling it discounted non-performing assets, which inflated Novo Banco’s losses. Novo Banco said it “has fulfilled and continues to fulfill all of its commitments” and believes that the Portuguese Resolution Fund will also comply with its obligations, as it has done in the past 3 years.
Persons: Rafael Marchante, Rui Rio, Joao Leao, ” Leao, Antonio Costa, Christine Lagarde, Organizations: Novo Banco, REUTERS, Banco, Banco Espirito Santo, U.S, Lone Star, Portuguese, Social Democrats, Social, Finance, Reuters, European Central Bank, Locations: LISBON, Novo, Lisbon, Portugal, Brussels, “ Portugal, Portuguese
LISBON (Reuters) - Europe’s biggest technology conference, the Web Summit, will return to Lisbon in full force as a massive in-person event in 2021 after the coronavirus pandemic forced it to go fully online this year. FILE PHOTO: Web Summit's co-founder Paddy Cosgrave, Lisbon's Mayor Fernando Medina and Portugal's Prime Minister Antonio Costa react during the inauguration of Web Summit, Europe's biggest tech conference, in Lisbon, Portugal, November 5, 2018. But due to the outbreak, which has forced the cancellation or postponement of many major events, this year’s Web Summit will be held online next week. On Tuesday evening, Cosgrave announced on Twitter there will be a South American Web Summit in 2022 in either Rio de Janeiro or Porto Alegre in Brazil. “Holding each year, in the build up to November’s Lisbon Web Summit, events in key regions of the world is a good idea.”(This story refiles to fix repetition in headline)
Persons: Paddy Cosgrave, Fernando Medina, Antonio Costa, Pedro Nunes “, , Cosgrave, ” Cosgrave Organizations: Web, Lisbon's, Portugal's, REUTERS, Reuters, European Commission, Twitter, Summit, Locations: LISBON, Lisbon, Portugal, Dublin, Japan, New Zealand, American, Rio de Janeiro, Porto Alegre, Brazil, “ Brazil
FILE PHOTO: A visitor wears virtual reality glasses during the Websummit in Lisbon, Portugal November 6, 2018. Slideshow ( 2 images )The hope is that virtual reality spaces will resuscitate team spirit, especially when bringing in new employees. “I think VR technology adoption is going to continue to grow over time,” she said. At a bond conference in Munich last year, Finnish bank Nordea gave investors a virtual tour of its Copenhagen trading floor through VR headsets. But while there is momentum in the sector, to be fully effective VR technology must overcome constraints such as limited display size, processing power, and battery life.
Persons: Rafael Marchante, , Stuart Warner, ” Warner, Ed Greig, disruptor, ” Greig, Marc Bena, Julie Ask, Forrester, David Ripert, Nordea, Phillip Wang, , Fidelity’s Warner Organizations: REUTERS, Fidelity International, VR, Fidelity, Deloitte Digital, UBS, Microsoft, PricewaterhouseCoopers, Pico Interactive, Deloitte, Citibank, Google, Communications Locations: Lisbon, Portugal, London, Swiss, U.S, Munich, Copenhagen
EU must rebuild industry, avoid protectionism after pandemic: Portugal PM
  + stars: | 2020-11-23 | by ( Sergio Goncalves | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: Portugal's Prime Minister Antonio Costa speaks to the media outside European Commission building after a meeting with European Commission President Ursula von der Leyen, in Brussels, Belgium, October 15, 2020. Olivier Hoslet/Pool via REUTERS/File PhotoLISBON (Reuters) - Rebuilding European industry and making it less reliant on China and other nations should be a priority after the coronavirus pandemic but the EU should avoid protectionist policies, Portugal’s prime minister said on Monday. The pandemic has exposed how dependent the European Union has become on China and other countries for essential goods and this makes supply chains more vulnerable to the risk of disruption, Antonio Costa said. “Europe cannot be totally dependent on essential goods produced outside,” Costa said during an event to outline the main priorities of Portugal’s six-month EU presidency, which starts on Jan. 1. Part of the strategy should be to develop networks of different firms working on a European scale, he said, adding that the EU could only benefit from decentralising innovation and production chains.
Persons: Antonio Costa, Ursula von der Leyen, Olivier Hoslet, ” Costa, Costa Organizations: Portugal's, European, European Union, European Central Bank Locations: Brussels, Belgium, LISBON, China, Europe
LISBON (Reuters) - Portugal’s tourism sector is set to lose 60,000 jobs this year alone due to the impact of the coronavirus outbreak and a recovery is still far off, Tourism Secretary Rita Marques said on Monday. Slideshow ( 3 images )Some of the country’s regions must diversify their tourism-dependent economy after the pandemic, Marques also told Reuters in an interview. Tourism was crucial for Portugal’s recovery from the 2010 economic and debt crisis and Marques is convinced it will help Portugal recover from the pandemic. It is crucial not only to develop other sectors but to also attract more tourists from markets other than Britain to Algarve, Marques said. The tourism industry contributed about 15% to Portugal’s gross domestic product in 2018, latest official data show.
Persons: Rita Marques, Marques, ” Marques, Brexit, Organizations: Tourism, Reuters, Algarve Locations: LISBON, Portugal, Algarve, Britain
Portugal to ban domestic travel, close schools around national holidays
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.85   time to read: +2 min
REUTERS/Rafael Marchante/File PhotoLISBON (Reuters) - Portugal is to ban domestic travel and close schools around two upcoming holidays in a bid to reduce the spread of coronavirus ahead of Christmas, Prime Minister Antonio Costa said on Saturday. Schools will close on the Mondays before both holidays, while businesses must close early. Employers are being encouraged to give workers the day off in order to minimise travel activity. “We continue to have a very high number of cases which is a threat to our health,” Costa told a press conference. Portugal reported 62 deaths and 6,472 cases of coronavirus on Saturday, mostly in the north of the country, bringing the total infections to 255,970 cases, with 3,824 deaths.
Persons: Rafael Marchante, Antonio Costa, ” Costa, Costa Organizations: REUTERS, Employers, European Centre for Disease Prevention Locations: Lisbon, Portugal, LISBON, Europe
FILE PHOTO: A tram is pictured on the empty street during the coronavirus disease (COVID-19) outbreak, in downtown Lisbon, Portugal October 31, 2020. REUTERS/Rafael MarchanteLISBON (Reuters) - Portugal’s parliament on Friday approved a 15-day extension of a state of emergency from next week to allow continuation of coronavirus measures as the government considers fresh steps. Under Portuguese law, a state of emergency is limited to 15 days but can be extended indefinitely in 15-day periods. Internal Affairs Minister Eduardo Cabrita told parliament the state of emergency was likely to be renewed again after Dec. 8. Portugal, with around 10 million people, has recorded 249,498 coronavirus infections and 3,762 deaths, relatively low figures compared to some European countries.
Persons: Rafael Marchante LISBON, COVID, Antonio Costa, Eduardo Cabrita Organizations: REUTERS, , Twitter, Internal Locations: Lisbon, Portugal
COVID toll turns spotlight on Europe's taboo of data by race
  + stars: | 2020-11-19 | by ( Victoria Waldersee | ) www.reuters.com + 0.00   time to read: +8 min
Even in Britain, where more detailed data on race and ethnicity is available, there is debate over the root causes of higher infections among certain groups. In the United States, ethnicity data allowed authorities to identify that rates of HIV/AIDS were growing significantly faster among African Americans and Hispanics than the general population, prompting the development of targeted programmes to reduce infection in these groups. In France, government spokeswoman Sibeth Ndiaye called for the debate on ethnicity data to be revisited, but was rebuffed by the president’s office. Mortality for those born in sub-Saharan Africa increased 114% in 2020 compared with 22% for French-born residents, the data showed. EPICOV, the country’s nationwide study on coronavirus infection, provides data on cases among first and second-generation immigrants.
Persons: Jason Cairnduff, Michelle Bachelet, , , Mamadou Ba, “ We’ve, Sibeth Ndiaye, EPICOV, ” Patrick Simon of INED, Raghib Ali, Ali, ” Ali, Halima Begum, Stephanie Mulot Organizations: REUTERS, ClearView, National Health Service, Human Rights, European Commission, Reuters, U.S . Centers for Disease Control, European Union Agency for Fundamental Rights, FRA, European Union, National Institute of Statistics, Economic Studies, Runnymede Trust, Public Health, Locations: LISBON, Merseyside, Liverpool, Britain, United Kingdom, Brazil, United States, COVID, Europe, Portuguese, Nazi Germany, Germany, France, European, Saharan Africa, Runnymede, Black,
Many consumers exercised a great deal of rationality in their spending during the pandemic, says Sergio Rebelo, a professor of finance at the Kellogg School of Management. Both younger and older demographics cut their spending on high- and low-contact goods and services, but older groups reduced their consumption much more. That's a question driving recent research by Sergio Rebelo, a professor of finance at the Kellogg School. Rebelo and collaborators studied whether consumers changed their spending habits in order to lower their risk of contracting COVID-19. Evidence of rationalityAs expected, the pandemic affected spending in ways that reduced the risk of getting infected with coronavirus.
Persons: Sergio Rebelo, Rebelo, , Martin Eichenbaum, Miguel Godinho de Matos, Francisco Lima, Mathias Trabandt Organizations: Kellogg School of Management, Kellogg, Northwestern University, Católica Lisbon School of Business, Economics, Universidade de Lisboa, Freie Universitat Berlin, Social Security Locations: Portugal, COVID
REUTERS/Carlo Allegri/File PhotoBarnes stocked her pantry last time around with a few additional comfort foods - macaroni cheese, ravioli, soup and spaghetti. So far, consumers haven’t returned to the sort of panic buying frenzy that sent packaged-food manufacturers scrambling earlier this year. Their steps include expanding manufacturing, hiring more workers, re-routing products from restaurants to grocery stores, and turning to bigger pack sizes. Companies including Kraft Heinz are also running factories 24/7 and making bigger, more affordable pack sizes of products. Patricio told Reuters Kraft Heinz has increased U.S. third-party manufacturing by 20%, and its own production by 20-25%.
Persons: Leanne Barnes, Carlo Allegri, Barnes, haven’t, Campbell, CPB.N, Kraft Heinz KHC.O, MKC.N –, Benny Mantin, , , Lawrence Kurzius, Kurzius, I’m, McCormick, Campbell Soup, Refinitiv, Mark Clouse, we’ve, Gamble PG.N, Kimberly, Clark KMB.N, Clorox CLX.N, Kraft Heinz, Miguel Patricio, Patricio, Kellogg, McCormick’s Kurzius, We’ve, ” Kurzius Organizations: REUTERS, McCormick, Reuters, Luxembourg Centre of Logistics, Chain Management, packers, Procter, Companies, Kraft Locations: CHICAGO, LISBON, Manhattan, New York City , New York, U.S, Luxembourg, United States, Europe, 2IvYJkk, Germany, United Kingdom
REUTERS/Carlos Osorio/File PhotoFor many years, downtown malls have been more profitable, attracting office-goers and tourists congregating in city centres, while suburban malls have been relegated to the role of poor relations. While mall owners with both urban and suburban locations are expected to weather the hit from the pandemic, already-beleaguered retailers in downtown shopping centres face much bleaker prospects. At Fairview and Yorkdale Shopping Centres in the northern Toronto suburb of North York, it was a different story. “Traditionally, open-air malls, especially strip malls but even outlet malls, were the poor cousins of big flagship enclosed malls,” said Karl Littler, senior vice president for public affairs at the Retail Council of Canada. Ed Sonshine, chief executive of Riocan REIT REI_u.TO, Canada's second-largest property trust, said the company's suburban shopping centres - all unenclosed and most anchored by essential businesses like grocery stores - are, in many cases, doing even better than before the pandemic.
Persons: Carlos Osorio, , Tim Sanderson, Sal Ianoco, Jaap Tonckens, footfall, Peter Altmaier, John Tory, ” Tory, Louis Vuitton, we’re, ” Tamara, Karl Littler, Ed Sonshine, Riocan, Canada's, Tamara, Jason Organizations: REUTERS, Cadillac, Reuters, Toronto, Apple, Retail Council of Canada Locations: TORONTO, LISBON, Eaton, Toronto , Ontario, Canada, downtowns, Toronto, Cadillac Fairview, Ontario, Westfield, Europe, North, Fairview, North York, Zara
That is because the consolidated-tape prices would serve as a reference for investors to trade stocks on different marketplaces. Market Structure Partners, a U.K.-based consulting firm, in October published a report for the European Commission on the merits of establishing a consolidated tape. That followed a call in December from the European Securities and Markets Authority, the regional regulator, to establish a consolidated tape for stock quotes. Currently, investors and their brokers in Europe would be required to subscribe to stock quotes from multiple trading venues to replicate a consolidated tape. Closing auctions are common among the major stock exchanges in the U.S. and Europe.
Persons: Moët Hennessy Louis Vuitton, Niki Beattie, Richard Worrell, Janus Henderson, ” Mr, Worrell, James Angel, Ben Dummett, Joe Wallace, Richard Worrell Organizations: Euronext, CAC, Cboe, Inc, London Stock Exchange Group, Aquis Exchange, LSE, Partners, European Commission, European Securities and Markets Authority, European Central Bank, Danone SA, Euronext Paris, Janus, Janus Henderson Investors, New York Stock Exchange, Georgetown University, , Amsterdam and Lisbon, LSE, Georgetown University Locations: Europe, Euronext ENX, Paris, Amsterdam, Lisbon, U.S, Aquis, U.K, East, Africa, Joe.Wallace, Paris, Europe, European
Investors in Europe learned the hard way this month that key structural differences between some of the region’s main stock exchanges and their U.S. counterparts put them at a costly disadvantage when it comes to trading stocks. On Oct. 19, technical glitches halted trading on two separate occasions, risking potential losses for investors that trade stocks on five of the six European marketplaces owned by Euronext NV, including those in Paris, Amsterdam and Lisbon. The breakdown bolstered arguments for Europe to follow the...
Organizations: Euronext NV, Euronext NV, Amsterdam and Lisbon Locations: Europe, Paris, Amsterdam, Lisbon, Paris
Investors in Europe learned the hard way this month that key structural differences between some of the region’s main stock exchanges and their U.S. counterparts put them at a costly disadvantage when it comes to trading stocks. On Oct. 19, technical glitches halted trading on two separate occasions, risking potential losses for investors that trade stocks on five of the six European marketplaces owned by Euronext NV, including those in Paris, Amsterdam and Lisbon. The breakdown bolstered arguments for Europe to follow the...
Organizations: Euronext NV, Euronext NV, Amsterdam and Lisbon Locations: Europe, Paris, Amsterdam, Lisbon, Paris
That is because the consolidated-tape prices would serve as a reference for investors to trade stocks on different marketplaces. Market Structure Partners, a U.K.-based consulting firm, in October published a report for the European Commission on the merits of establishing a consolidated tape. That followed a call in December from the European Securities and Markets Authority, the regional regulator, to establish a consolidated tape for stock quotes. Currently, investors and their brokers in Europe would be required to subscribe to stock quotes from multiple trading venues to replicate a consolidated tape. Closing auctions are common among the major stock exchanges in the U.S. and Europe.
Persons: Moët Hennessy Louis Vuitton, Niki Beattie, Richard Worrell, Janus Henderson, ” Mr, Worrell, James Angel, Ben Dummett, Joe Wallace, Richard Worrell Organizations: Euronext, CAC, Cboe, Inc, London Stock Exchange Group, Aquis Exchange, LSE, Partners, European Commission, European Securities and Markets Authority, European Central Bank, Danone SA, Euronext Paris, Janus, Janus Henderson Investors, New York Stock Exchange, Georgetown University, , Amsterdam and Lisbon, LSE, Georgetown University Locations: Europe, Euronext ENX, Paris, Amsterdam, Lisbon, U.S, Aquis, U.K, East, Africa, Joe.Wallace, Paris, Europe, European
That is because the consolidated-tape prices would serve as a reference for investors to trade stocks on different marketplaces. Market Structure Partners, a U.K.-based consulting firm, in October published a report for the European Commission on the merits of establishing a consolidated tape. That followed a call in December from the European Securities and Markets Authority, the regional regulator, to establish a consolidated tape for stock quotes. Currently, investors and their brokers in Europe would be required to subscribe to stock quotes from multiple trading venues to replicate a consolidated tape. Closing auctions are common among the major stock exchanges in the U.S. and Europe.
Persons: Moët Hennessy Louis Vuitton, Niki Beattie, Richard Worrell, Janus Henderson, ” Mr, Worrell, James Angel, Ben Dummett, Joe Wallace, Richard Worrell Organizations: Euronext, CAC, Cboe, Inc, London Stock Exchange Group, Aquis Exchange, LSE, Partners, European Commission, European Securities and Markets Authority, European Central Bank, Danone SA, Euronext Paris, Janus, Janus Henderson Investors, New York Stock Exchange, Georgetown University, , Amsterdam and Lisbon, LSE, Georgetown University Locations: Europe, Euronext ENX, Paris, Amsterdam, Lisbon, U.S, Aquis, U.K, East, Africa, Joe.Wallace, Paris, Europe, European
Venture capitalists are taking note, with some of the largest start-up investors in Europe pushing for accountability in their own portfolios with regard to investing in climate-friendly firms. "We kind of liked that idea that it's not just talk but real action," Pär-Jörgen Pärson, a general partner at Northzone, told CNBC. But it still made up just 6% of venture investors' portfolios last year. "Investors across the early stage life cycle of climate tech companies need to work harder to recognise the time-critical and strategic opportunity climate tech offers and to free up more capital to address the large financing and funding gap," PwC said in its report. Northzone Partner Pär-Jörgen Pärson on Centre Stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal.
Persons: Paul Souders, Philippe Singer, , they're, PwC, aren't, LFCA, Singer, it's, Northzone's, Tesla, Elon Musk, scrappy, Cody Glenn, Philippe Singer told CNBC Organizations: Getty, Venture, Holtzbrinck, Climate, CNBC, VC, Spotify, PayPal, Web, Nunavut Territory, CNBC, Pär-Jörgen Pärson General Partner, Facebook, Portugal Locations: Bay, Nunavut Territory, Canada, Europe, Berlin, Lisbon, Portugal, VC, Spotify
Chinese state media slammed India's ban of more than 100 Chinese apps, calling it a move to build nationalist sentiment and decouple economically from China. Experts also told CNBC that U.S. technology giants like Facebook and Google could take advantage of a broader crackdown on Chinese technology by India, while helping the country's domestic start-ups. China Daily, another Chinese state-backed publication, called New Delhi's actions "a misguided move that, except for fanning nationalist sentiment and jingoism in India, serves no interests." China Daily claimed banning it will deal a "heavy blow" to the streamers, professional players and businesses whose "livelihoods depend on it." China Daily alleged the border spat with China is "a handy tool to divert public attention from the virus and cover up their ineptitude in governance."
Persons: Narendra Modi, India's Organizations: Indian, India's Ministry of Electronics, Information Technology, Baidu, Ant Group, Global Times, Communist Party of, CNBC, Facebook, Google, China Daily, Facebook, China Daily Locations: Lisbon, China, Ladakh, Communist Party of China, India, New Delhi, India
What a shot! 22 amazing sports photos
  + stars: | 2020-07-13 | by ( ) edition.cnn.com   time to read: +4 min
The Inspiration Games saw 30 athletes compete in seven different venues around the globe as organizers sought an alternative to the Zurich Diamond League amid the coronavirus pandemic. Mark Metcalfe/Getty ImagesThe Boston Red Sox play in an intrasquad game at Fenway Park in Boston on July 9. Phiippe Lopez/AFP/Getty ImagesWest Ham's Michail Antonio scores a goal during a Premier League match between Norwich City and West Ham in Norwich, England, on July 11. Fabrice Coffrini/AFP/Getty ImagesLewis Hamilton drives during the Styria Formula One Grand Prix in Spielberg, Austria, on July 12. Alvaro Barrientos/APDrivers kneel behind a banner that reads "End Racism" before the Austrian Formula One Grand Prix in Spielberg, Austria, on July 5.
Persons: Sam Simpson, Matt King, Lea Sprunger, Wiegmann, Reuters Erik Jones, Jamie Squire, Arsenal's Emiliano Martinez, David Luiz, Leicester City's Jonny Evans, Michael Regan, Mark Metcalfe, Maddie Meyer, Lewis Hamilton, Leonhard Foeger, Kauli Vaast, Phiippe Lopez, Ham's Michail Antonio, Ian Walton, Ozzie Albies, John David Mercer, Switzerland's Lea Sprunger, Fabrice Coffrini, Peter Fox, Mark Hubbard, Brian Spurlock, Alicia Dudney, Alex Davidson, Stefan Ristovski, Zaidu Sanusi, Patricia De Melo Moreira, Alvaro Barrientos, Joe Klamar, Shane Dowrich, Adrian Dennis, Kyle Wurtzel, Mark J, Bryson DeChambeau, Gregory Shamus, Ally Prisock, Ashley Hatch, Alex Goodlett, Peter Fox/Getty Images Mark Hubbard, Alex Davidson, Alex Goodlett/Getty Images Organizations: Geelong Cats, AFL, Brisbane Lions, Sydney Cricket, Games, Zurich Diamond League, Reuters, NASCAR, Indianapolis, Speedway, Leicester, Arsenal, Leicester City, Canterbury Bulldogs, NRL, South Sydney Rabbitohs, Boston Red Sox, Fenway, Major League Baseball, Getty, Spielberg, AP, French Federation, AFP, Premier League, Norwich City, AP Atlanta Braves, USA, Rocket, Detroit Golf Club, British Tour, National Tennis Centre, Sporting Portugal, Portuguese League soccer, Athletic, Real Madrid, San Manes, Austrian, West Indies, Lucas Oil, Houston Dash, Washington, Zions Bank, Australia, Switzerland, Austria, France, AFP, England, Michigan, Indiana, Utah Locations: Sydney, Australia, Zurich, Switzerland, London, Boston, Austria, Hamilton, Hossegor, France, West Ham, Norwich, England, Atlanta, AFP, Styria, Detroit , Michigan, Santa, Lisbon, Bilbao, Spain, Southampton, Clermont , Indiana, Herriman , Utah, Bilbao, Detroit
Total: 25