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☆ U.S. billionaire Dan Friedkin agrees to buy Premier League soccer club Everton
▼ + stars: | 2024-09-23 | by ( Matt Clinch | Matt Clinch Is A Deputy Digital News Editor For Cnbc. | ) www.nbcnews.com time to read: +2 min

LONDON — The investment group run by U.S. billionaire Dan Friedkin on Monday agreed to buy Everton F.C., potentially ending years of uncertainty for the struggling English Premier League soccer club. The deal is subject to subject to regulatory approval from the EPL, the Football Association, and Britain’s Financial Conduct Authority. Dan Friedkin, owner of AS Roma, celebrates with the Europe Conference League Trophy in 2022. The club currently sits 19th out of 20 teams in the EPL and is yet to win a game this season. Earlier this year, The Friedkin Group agreed to a deal in principle to buy Everton but pulled out of talks when it failed to reach an agreement.

Persons: Dan Friedkin, Friedkin, ”, Farhad Moshiri ., Moshiri, Silvia Lore, —, John Textor Organizations: Everton F.C, English Premier League soccer, Football Association, Authority, Everton, Bramley, AS Roma, Europe Conference League, Premier League, Partners, Friedkin, Italian Serie, Roma, Forbes Locations: ”, American, Italian

☆ This US man failed Spanish in school. Now he’s running a language school in Spain
▼ + stars: | 2024-09-22 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +11 min

Ted Purdom, from San Anselmo, California, graduated in 2011 with a bachelor’s degree in English and enrolled in an overseas language program, aiming to learn Spanish. He ended up in Mallorca, the capital of the Balearic islands off the east coast of Spain, for the nine-month program. A friend told him about another program that placed American “language coaches” in Spain, called “Auxiliares de Conversación,” (conversation assistants), run by the Spanish Ministry of Education. So that November he opened The Bridge English Academy in Manacor, converting a former wine store into classrooms to give English language courses to locals. Then there’s the fact that the islanders’ first language isn’t Spanish, but Mallorquin, a dialect of Catalan.

Persons: he’d, Ted Purdom, ”, Purdom, –, “, – Lluïsa, Apollonia, Neme Jimenez, iStock, ” Purdom, Llombards, Dennis Fischer Organizations: CNN, University of Oregon, Spanish Ministry of Education, Mallorca, English Academy, San Francisco Bay Area Locations: California, Mallorca, San Anselmo , California, Balearic, Spain, Spanish, Oviedo, Asturias, Mallorca’s, Palma, Manacor, American, kickstarting, San Francisco Bay, Francisco, Bay

☆ Defense stocks in an ESG portfolio? A profound — and controversial — shift seems to be underway
▼ + stars: | 2024-09-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.

Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England

☆ Fertility-related stocks are becoming more attractive, Barclays says
▼ + stars: | 2024-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFertility-related stocks are becoming more attractive, Barclays saysCNBC's Silvia Amaro takes a look at why investors are growing more interested in fertility-related stocks.

Persons: CNBC's Silvia Amaro Organizations: Barclays

☆ Growing interest in defense stocks is here to stay, managers say
▼ + stars: | 2024-08-22 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowing interest in defense stocks is here to stay, managers sayCNBC's Silvia Amaro looks at the rise in European defense stocks and whether their stellar performance is likely to continue.

Persons: CNBC's Silvia Amaro

☆ UBS CEO says it's too early to talk about a U.S. recession, but a slowdown is possible
▼ + stars: | 2024-08-14 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession. Global equities saw sharp sell-offs last week as investors digested weak economic data out of the U.S. which raised fears about an economic downturn in the world's largest economy. It also raised questions about whether the Federal Reserve needed to be less hawkish with its monetary policy stance. When asked about the outlook for the U.S. economy, Ermotti said: "Not necessarily a recession, but definitely a slowdown is possible." "The macroeconomic indicators are not clear enough to talk about recessions, and actually, it's probably premature.

Persons: Sergio Ermotti, Ermotti, it's Organizations: UBS, Federal Reserve, CNBC Locations: ZURICH, Switzerland, U.S

☆ How this US couple scored rare Italy self-employment visas
▼ + stars: | 2024-08-12 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

For those who want to move but need to work the options are extremely limited – working visas to Italy are like gold dust. “We wanted a fresh start, a place where we could enjoy more pleasure in life and quality time,” says Walker. Abandoning the American dreamBowers and Walker wanted to make a change before they got older. Back to the countryTopped by the Orsini castle, Soriano nel Cimino is in the Tuscia area of Italy, north of Rome. The couple have also started a new business, organizing itineraries for visitors craving to discover bucolic Italy.

Persons: we’ll, Stanley Tucci, Vita, Zeneba Bowers, Matt Walker, Soriano nel Cimino, Bowers, “, ”, Walker, –, Orsini, Davide Seddio, it’s Organizations: CNN, intel, Nashville Symphony, Getty Locations: Italy, Tennessee, Rome, Ireland, mull, Italian, Detroit, Tuscia, Viterbo, Walker, Nashville

☆ They moved from the US to Italy to save their marriage. Here’s how that worked out
▼ + stars: | 2024-08-06 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

Christina Sobolev, pictured, and her husband Pete bought and renovated a home in Santa Domenica Talao, Italy back in 2009. Chris Sobolev“A little over 15 years ago, Pete and I made the decision to purchase a property in Italy,” Christina Sobolev tells CNN. They then moved to Santa Domenica Talao, a village they’d first visited in 2009, and spent three to four years renovating the two-bedroom home. “Santa Domenica was initially a town with many abandoned houses falling into disrepair. “Once we had Santa Domenica Talao up and rolling, real estate agents in the area contacted us and wanted to work with us.

Persons: Christina, Pete Sobolev, who’ve, Pete, they're, Sobolev, Christina Sobolev, “, Santa Domenica, ”, Chris Sobolev, they’ve, Domenica, Casa, They’ve, ‘, what’s Organizations: CNN, Vita, Super, European Union Locations: San Jose , California, Santa Domenica, Scalea, Calabria, Italian, Italy, California, Santa, ”, Puglia, Tuscany, Latvian, Latvia, Aieta

☆ UniCredit CEO: EU General Court ruling on Russia exit will be a 'win-win' either way
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUniCredit CEO: EU General Court ruling on Russia exit will be a 'win-win' either wayAndrea Orcel, CEO of UniCredit, speaks to CNBC's Silvia Amaro after the bank's second-quarter earnings release.

Persons: Andrea Orcel, CNBC's Silvia Amaro Organizations: EU, UniCredit Locations: Russia

☆ European officials get excited about Kamala Harris — but are still hedging their bets
▼ + stars: | 2024-07-23 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

There's a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the frontrunner for the Democratic nomination ahead of the all-important election this fall. They also dismissed 78-year-old former President Donald Trump, adding that "the U.S. needs younger leaders." As a result, EU institutions welcomed the arrival of Biden to the White House, describing it as a new chapter in the EU-U.S. relationship. However, for at least a year now, EU officials have been preparing for the possibility of a return of Trump to the White House. If he wins the election, they're expecting a deeper "America First" policy, which will likely mean less financial support to Ukraine and possibly tariffs on some European goods.

Persons: There's, Kamala Harris, Joe, Biden, Donald Trump, Trump, they're Organizations: Democratic, CNBC, EU, White Locations: U.S, EU, United States, Brussels, Ukraine

☆ ECB holds interest rates: CNBC's Silvia Amaro reviews the decision
▼ + stars: | 2024-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailECB holds interest rates: CNBC's Silvia Amaro reviews the decisionCNBC's Silvia's Amaro reacts to the European Central Bank's latest decision to hold interest rates at 3.75%.

Persons: CNBC's Silvia Amaro, CNBC's Silvia's Amaro Organizations: ECB, Central

☆ Last year was 'phenomenally positive' for banks, Editor in chief of The Banker says
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLast year was 'phenomenally positive' for banks, Editor in chief of The Banker saysSilvia Pavoni, editor in chief of The Banker, talks through the top 1000 world banks rankings and what we can expect for 2024.

Persons: Silvia Pavoni Organizations: The

☆ He bought a cheap house in Italy to improve his life expectancy
▼ + stars: | 2024-07-09 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +11 min

“Life expectancy in Italy is 82.7 years, while in the US it’s 79,” he says. For Thomas, life in Latronico fits in with his artistic philosophy. Slower pace of lifeThomas was influenced by the region’s healthier, slower-paced lifestyle and hopes that living here will increase his life expectancy. Thomas hopes to transform the second “move-in-ready” home into a multi-purpose arts complex, with accommodations for visiting international youth and adult artists. “In Latronico, I can do both.”While he says he loves Latronico, Thomas has discovered that life in a remote rural village in southern Italy isn’t always as idyllic as it seems.

Persons: Bingwa Thomas, Thomas, “, ” Thomas, ”, Vincenzo Castellano, don’t, Vincenzo Castellano Latronico’s, Latronico’s, he’s, he’d, Thomas ’, –, Latronico, Italy isn’t Organizations: CNN, World Health Organization, CNN Travel, “, ” Locations: Italy, Kansas City, Latronico, Italy’s, Basilicata, United States, Los Angeles, Africa, America, Europe, Ireland, Amsterdam, Kreuzberg, Varrazzo, Cameroon, Senegal

☆ 'Optics for the EU are not great,' says analyst on Hungarian PM Viktor Orban's Moscow visit
▼ + stars: | 2024-07-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Optics for the EU are not great,' says analyst on Hungarian PM Viktor Orban's Moscow visitBota Iliyas, analyst at Control Risks, joins CNBC's Silvia Amaro to discuss the ongoing fallout from Hungarian Prime Minister Viktor Orban's trip to Moscow, which sparked criticism from EU leaders.

Persons: Viktor Orban's Moscow, Bota Iliyas, CNBC's Silvia Amaro, Viktor Orban's Organizations: Control Locations: Hungarian, Moscow

☆ France’s left-wing coalition thwarts far right in parliamentary run-off vote
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrance’s left-wing coalition thwarts far right in parliamentary run-off voteFrench risk assets are being closely watched after a major upset for the far-right in Sunday's vote. CNBC's Dan Murphy and Silvia Amaro discuss.

Persons: France’s, CNBC's Dan Murphy, Silvia Amaro

☆ Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.

Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France

☆ Nestlé reveals new food line for those on weight-loss medication
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNestlé reveals new food line for those on weight-loss medicationNestlé's CEO, Mark Schneider, tells CNBC's Silvia Amaro that the group's new line of meals intended for those on GLP-1 medication is a companion range, insisting Nestlé is "not the drug manufacturer."

Persons: Mark Schneider, CNBC's Silvia Amaro, Nestlé

Then, peering out over the country’s main political plaza on Wednesday, Bolivia’s top ministers saw the armored vehicles and troops spilling out their doors. Within moments, the president, Luis Arce, addressed his inner circle — “We are facing a coup!” — before heading to the presidential palace to confront, face to face, the general trying to remove him from power. The coup attempt failed, lasting a mere three hours, and ended in the arrest of the general, whose motivation for the attack appeared to be, at least in part, anger over his firing by Mr. Arce the day before. But it was hardly the end of Mr. Arce’s problem, or the challenges facing Bolivia. Mr. Arce, 60, a former finance minister, took office in 2020 during a democratic election that seemed to symbolize a new, more hopeful chapter in a country coming off a period of intense political tumult.

Persons: Bolivia’s, shiver, Luis Arce, Arce Locations: Bolivia

Members of Bolivia’s military attempted to storm the presidential palace in the capital, La Paz, on Wednesday afternoon, in an apparent coup attempt led by a top general who declared he was leading an effort to “re-establish democracy.”Video on Bolivian television showed security forces in riot gear occupying the country’s main political square, Plaza Murillo, a camouflaged tank ramming into a palace door and soldiers trying to make their way into the palace. Then, just as quickly as they had appeared, the general, Juan José Zúñiga disappeared, and his supporters in the armed forces pulled back and were replaced by police officers supporting the president. The country’s democratically elected president, Luis Arce, even dared to venture into the plaza, after calling on Bolivians “to organize and mobilize against this coup and in favor of democracy.”

Persons: “, Juan José Zúñiga, Luis Arce, ” Locations: La Paz

European Commission President and EPP lead candidate standing for re-election, Ursula von der Leyen greets delegates before giving a speech at the congress of Germany's conservative Christian Democratic Union (CDU) party at the Estrel Berlin Hotel in Berlin, on May 8, 2024. The European Union's three main political groups have come to an agreement on who will hold the bloc's top jobs, three officials told CNBC, leading to disgruntlement from some lawmakers in the continent. European Commission President Ursula von der Leyen is set to remain in her post for a second five-year term under a deal struck Tuesday by EU leaders from the center-right European People's Party (EPP), the Socialists and the Liberals, the sources told CNBC. The commission president is in charge of the EU executive arm and holds responsibility over regulating the world's single market, proposing new legislation, and directing the bloc's policy agenda over the next five years. "There's an understanding between the three main parties," one of the three EU officials told CNBC.

Persons: Ursula von der Leyen, Kaja Kallas, Antonio Costa Organizations: EPP, Christian Democratic Union, CDU, CNBC, European, EU, European People's Party, Socialists, Liberals, Estonian, European Council Locations: Berlin, Portuguese

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☆ We believe markets will still have faith in the European project, says Portugal finance minister
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe believe markets will still have faith in the European project, says Portugal finance ministerPortuguese Finance Minister Joaquim Miranda Sarmento joins CNBC's Silvia Amaro on "Street Signs Europe" ahead of the ECOFIN meeting in Luxembourg.

Persons: Joaquim Miranda Sarmento, CNBC's Silvia Amaro Organizations: Portuguese Locations: Portugal, Luxembourg

☆ Milan men’s fashion week: Sun, sea and short shorts
▼ + stars: | 2024-06-20 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +8 min

Milan CNN —There are few things more synonymous with Italy in spring and summer than its beaches. Pines, agaves, the scents of salt and resin were inspiration for designer Massimo Giorgetti at MSGM as the label celebrated their 15th anniversary. “This collection speaks of encounters — ‘icontri’ — between the city and the beach and among people who love life,” said Napoli-born De Sarno. Actor Paul Mescal — a known fan of the short short — was sat front row at the Gucci Men's Spring-Summer 2025 show. A theme of reflective team spirit prevailed in sporty collegiate silhouettes featuring the Fendi crest comprising a squirrel, the Fendi stripe, and a Roman God.

Persons: Milan, Massimo Giorgetti, Justin Shin, Rimini —, Gabbana, Stefano Dolce, Domenico Gabbana, Vittorio Zunino Celotto, ”, Sabato de Sarno, —, Napoli, De Sarno, William Finnegan’s, Paul Mescal —, Victor Boyko, Pixelformula, Sabato De Sarno's, Gucci, Ik, Prada, creased, tromp, Miuccia Prada, “, Raf Simons, chimed Simons, tromp l’oeil, Ik Aldama, JW Anderson, Jonathan Anderson, Adrian Appiolaza, Lev Tanju, Karl Lagerfeld, Shutterstock, Daniele Venturelli, Silvia Fendi Organizations: Milan CNN, Dolce, Gucci, JW, Astra Marina Locations: Italy, Amalfi Coast, Milan, MSGM, agaves, Rimini, Ligurian Coast, Northern Ireland, Moschino, Northern Irish, Fendi, Italian

☆ Apple has 'very serious' issues under sweeping EU digital rules, competition chief says
▼ + stars: | 2024-06-18 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Apple has a number of "very serious" issues under the European Union's sweeping rules aimed at reining in Big Tech, the bloc's competition chief Margrethe Vestager told CNBC on Tuesday, following reports that regulators are preparing charges against the iPhone maker. In March, the European Commission, the EU's executive arm, opened a probe into Apple, Alphabet and Meta, under the sweeping Digital Markets Act (DMA) tech legislation that became applicable this year. "We have a number of Apple issues, I find them very serious. I was very surprised that we would have such suspicions of Apple being non-compliant," Vestager told CNBC's Silvia Amaro. Apple did not immediately respond to a CNBC request for comment.

Persons: Margrethe Vestager, Vestager, CNBC's Silvia Amaro, Apple Organizations: Apple, CNBC, European Commission, Markets Locations: Big Tech

☆ EU to challenge U.S. and China strategically on trade, competition chief says
▼ + stars: | 2024-06-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager talks to media in the Berlaymont, the EU Commission headquarter on May 23, 2024 in Brussels, Belgium. The European Union may be no economic match for its U.S. and China trade partners, but it can seek to contend with them strategically, the bloc's competition chief said Tuesday. Margrethe Vestager told CNBC that the EU had become "much better" at defending itself against unfair trade practices, and that it would continue to find novel ways of competing equitably with its economic partners. "The point is to realise we can never outspend China or the U.S.," Vestager told Silvia Amaro in Brussels. It follows similar measures by the U.S. last month, the latest phase in a growing trade tensions between the two economic powerhouses.

Persons: Margrethe Vestager, Vestager, Silvia Amaro Organizations: European Commission, European, CNBC, EU, EV, U.S Locations: Brussels, Belgium, China

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