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UPDATE 1-Brazil's BRF buys pet food firm Mogiana Alimentos
  + stars: | 2021-06-25 | by ( Ana Mano | ) www.reuters.com + 0.85   time to read: +1 min
(adds details from the filing)SAO PAULO, June 25 (Reuters) - Brazilian food processor BRF SA has acquired 100% of pet products company Mogiana Alimentos, a securities filing showed on Friday, extending its presence in the booming pet sector. The deal marks BRF’s second acquisition in the sector this month after it said on June 18 it had reached an agreement to buy pet food company Hercosul. BRF, which did not disclose the value for either transaction, said the acquisitions would give it a roughly 10% share of Brazil’s pet food market, which has been on an upswing, leading to new entrants and initial public offerings. BRF said it made the acquisitions through its pet products subsidiary BRF Pet SA. In the pet food market for over 46 years, Mogiana Alimentos specializes in animal nutrition products for dogs and cats, BRF said in the filing.
Persons: BRF, Mogiana Alimentos, São Paulo sate, Ana Mano, Jason Neely, Mark Potter Organizations: SAO PAULO, BRF, BRF Pet SA Locations: São, Caribbean, Europe, South America
Dollar edges lower ahead of U.S. inflation data
  + stars: | 2021-06-25 | by ( Ritvik Carvalho | ) www.reuters.com + 0.00   time to read: +3 min
LONDON (Reuters) - The dollar drifted lower in Europe on Friday as an agreement on U.S. infrastructure spending underpinned appetite for riskier currencies, but caution ahead of key U.S. inflation data kept losses to a minimum. FILE PHOTO: An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El GhanyThe risk-sensitive Antipodean currencies rose, as did the euro, gaining 0.1% to $1.1943, and the Japanese yen, which rose by about the same margin to 110.77 per dollar. “...The consensus is already expecting quite a large increase in the May PCE inflation data - looking for 3.9% YoY headline and 3.4% YoY core,” said strategists at ING in a note to clients. The Australian dollar rose 0.2% to $0.7595.
Persons: Mohamed Abd El Ghany, , John Williams, Khoon Goh, ” Goh, it’s, Bitcoin Organizations: REUTERS, Federal Reserve, Reuters, ING, New York Federal Reserve Bank, New Zealand, South Korean, ANZ, Bank of England, of England Locations: Europe, Cairo, Egypt, New, Asia, U.S, Mexico
At least 3 dead as rare tornado, storms rip through Czech Republic
  + stars: | 2021-06-25 | by ( ) www.nbcnews.com sentiment -1.00   time to read: +1 min
The tornado, reported in towns around Hodonin — along the Slovak and Austrian borders and 167 miles southeast of Prague, the capital — may have reached windspeeds above 206 mph, a Czech Television meteorologist said. Workers of emergency services rested amid debris in the market town of Moravska Nova Ves, after having worked through the night. A spokesperson for the South Moravia region's ambulance service told Czech Television three people died in the storms and dozens were treated for injuries. Czech TV reported as many as seven small towns were "massively" damaged, citing an emergency services spokesperson. Marek Babisz, deputy mayor of Hrusky, told Czech public radio half of his town was almost completely destroyed.
Persons: Hodonin —, , Andrej Babis, Babis, Marek Babisz, it’s Organizations: Slovak, South, Czech Television Locations: Czech, Hodonin, Austrian, Prague, Brussels, Moravska Nova Ves, South Moravia, Hrusky, Austria, Slovakia
A broader dollar retreat and a bipartisan U.S. Senate deal on infrastructure spending also boosted emerging assets, with the Thai baht strengthening from a 13-month low hit on Thursday. The country has also approved the emergency use of the COVID-19 vaccine developed by Indian vaccine developer Bharat Biotech, and will receive a million doses of AstraZeneca Plc's COVID-19 vaccine from Japan. The baht had skidded lower after Thailand's central bank on Wednesday downgraded annual growth forecasts and pledged an accommodative policy stance Political uncertainty is also weighing. Hundreds of pro-democracy protesters took to the streets on Thursday, calling for the prime minister to resign. Jakarta stocks rose nearly 1% to snap two sessions of losses, while Malaysian shares registered their best session in a week.
Persons: Soumyajit Saha, Ruben Carlo O, AstraZeneca Plc's, South Korea's, Joe Biden, Rashmi Aich Organizations: Senate, ng Pilipinas, The Union Bank of, Bharat Biotech, AstraZeneca, AstraZeneca Plc's COVID, South, Malaysian Locations: Malaysia, U.S, Manila, Asuncion, Philippines, Japan, Asia, Jakarta, China, India, Indonesia, Singapore, Taiwan, Thailand, Bengaluru
Tesla Shareholder Panasonic Sells Stake for $3.6 Billion
  + stars: | 2021-06-25 | by ( Yang Jie | ) www.wsj.com sentiment -0.97   time to read: +1 min
TOKYO— Tesla Inc.’s leading battery supplier is no longer a Tesla shareholder. Panasonic Corp. said Friday it has sold its entire stake in Tesla for about $3.6 billion. The move highlights the more arm’s-length relationship that has developed between the Japanese battery maker and the American electric-vehicle maker, which has started working with other battery manufacturers in recent years. Panasonic said the move wouldn’t affect its supply of batteries to Tesla and the two companies maintain a good relationship. Panasonic made a $1.6 billion bet on building a joint battery factory with Tesla in Nevada called the Gigafactory.
Persons: Tesla, Kazuhiro Tsuga Organizations: Tesla Inc, Panasonic Corp, Panasonic, Tesla Locations: TOKYO, Tesla, Nevada, China, South Korea
FOREX-Dollar dips, but with a wary eye on U.S. inflation data
  + stars: | 2021-06-25 | by ( Tom Westbrook | ) www.reuters.com + 0.00   time to read: +3 min
The risk-sensitive Antipodean currencies rose very slightly, while the euro gained 0.1% to $1.1940 and the yen rose by about the same margin to 110.80 per dollar. “The dollar can jump if inflation surprises to the upside,” said Joe Capurso, head of international economics at the Commonwealth Bank of Australia in Sydney. “Upside inflation surprises have been the trend in the U.S. recently,” he added. The Australian dollar rose 0.1% to $0.7591. Bank of England policymakers even warned against “premature tightening” and the pound was the worst performing G10 currency on Thursday.
Persons: , Joe Capurso, John Williams, Khoon Goh, ” Goh, it’s, Bitcoin Organizations: Federal Reserve, Commonwealth Bank of Australia, U.S ., Reuters, New York Federal Reserve Bank, New Zealand, South Korean, ANZ, Bank of England, of England Locations: 2RBWI5E SINGAPORE, Asia, Sydney, U.S, New, Mexico
The Thai baht strengthened slightly after hitting 13-month lows this week after the central bank downgraded its annual growth forecasts. But the baht was still on track to shed more than 1% for the second consecutive week, while Thai stocks rose marginally after six straight sessions of losses. Elsewhere in Asia, stocks rose in Indonesia and Manila, tracking U.S. indexes which hit record highs overnight after President Joe Biden embraced a bipartisan Senate infrastructure deal. Taiwan stocks rose over 1% to their highest in more than a month, while the Taiwan dollar also strengthened to register its best session in two weeks. The won was set for a modest weekly gain after weakening nearly 2% last week.
Persons: Soumyajit Saha, Phillip, Joe Biden, South Korea's, Ana Nicolaci da Organizations: Taiwan, ng Pilipinas, ING, U.S . Federal, Phillip Securities, South Locations: Philippine, Thailand, Asia, Indonesia, Manila, Taiwan, Japan, China, India, Malaysia, Philippines, Singapore, Bengaluru, Ana Nicolaci da Costa
Florida condo collapse: Family, friends of the missing cling to hope
  + stars: | 2021-06-25 | by ( ) www.nbcnews.com + 0.00   time to read: +4 min
SURFSIDE, FLA. — As crews worked through the night searching for nearly 100 people unaccounted for after the collapse of a 12-story condo building in Florida, their loved ones clung to hope. The doctor, singer and their daughter, who Fernadez called exceptional people, were in Florida to escape the Covid-19 pandemic in Argentina. Rubble hangs from a partially collapsed building in Surfside north of Miami Beach, on June 24, 2021. Moreno got a call from another friend around 6 a.m. Thursday, asking if he had heard about the collapse. Moreno realized it was his friend's building, but it wasn't until he called his friend's sister that he learned he was missing.
Persons: , Nicholas Fernandez, Fernadez, Eva Marie Uzcategui, it's, Alan Cominsky, Daniella Levine Cava, Rolando Moreno, Moreno, Silvana López Moreira, Euclides Acevedo, Jenny Urgelles, Ron DeSantis, Joe Biden, Pablo Rodriguez, Rodriguez, creaking, weren't Organizations: Miami Beach, Getty, Dade Fire, Dade, NBC Miami Locations: FLA, Florida, Argentina, Surfside, Miami, AFP, Dade County, Paraguay, United States, South Florida, recertification
LOS ANGELES — Conan O'Brien ended his 11-year run on TBS' "Conan" by touting the "intersection between smart and stupid." Conan O'Brien of TBS's CONAN speaks onstage during the WarnerMedia Upfront 2019 show at The Theater at Madison Square Garden in New York on May 15, 2019. Black also reminded O'Brien that his first-ever talk show appearance was on "Late Night with Conan O'Brien." "It's been a great way for me to hide my money in banks all around the world," O'Brien said. I think when smart and stupid come together, it's very difficult.
Persons: Conan O'Brien, Jack Black, Black, , gurney, TBS's CONAN, Dimitrios Kambouris, O'Brien, Carson, Letterman, Jack, Andy Richter, Johnny, Will Ferrell, Martin Short, Zack Galifianakis, Nicole Byer, Andy Samberg, Lea Delaria, Mary Kay, It's, O'Brien's, Liza, Sona Mouvsesian, Conan, Homer Simpson, O'Brien — Organizations: TBS, Madison, Largo Locations: New York, Boston, Cuba, South Korea, Armenia, Israel, Australia, Mexico, Ghana, Germany, Japan, Greenland, Italy
Dollar dips ahead of U.S. inflation data
  + stars: | 2021-06-25 | by ( Ritvik Carvalho | ) www.reuters.com + 0.00   time to read: +3 min
LONDON (Reuters) - The dollar drifted lower in Europe on Friday as an agreement on U.S. infrastructure spending underpinned appetite for riskier currencies, but caution ahead of key U.S. inflation data kept losses to a minimum. FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File PhotoThe risk-sensitive Antipodean currencies rose, as did the euro, gaining 0.1% to $1.1943, and the Japanese yen, which rose by about the same margin to 110.77 per dollar. “...The consensus is already expecting quite a large increase in the May PCE inflation data - looking for 3.9% YoY headline and 3.4% YoY core,” said strategists at ING in a note to clients. The Australian dollar rose 0.2% to $0.7595.
Persons: Thomas White, , John Williams, Khoon Goh, ” Goh, it’s, Bitcoin Organizations: REUTERS, Federal Reserve, Reuters, ING, New York Federal Reserve Bank, New Zealand, South Korean, ANZ, Bank of England, of England Locations: Europe, New, Asia, U.S, Mexico
Big Oil's rise in climate lawsuits draws parallels to Big Tobacco
  + stars: | 2021-06-25 | by ( Sam Meredith | ) www.cnbc.com + 0.00   time to read: +7 min
The prospect of a rising tide of climate litigation cases against heavy emitting businesses comes shortly after a landmark courtroom defeat for Royal Dutch Shell. INA FASSBENDER | AFP | Getty ImagesSince the turn of the century, more than 2,000 climate litigation cases were found to have been filed in a trend that is widely expected to have global implications for carbon-intensive companies. Nonetheless, it is the Dutch court ruling against Shell that is thought to have emboldened climate activists into taking on corporates directly. EcocideThe risks of a surging number of climate litigation cases for businesses include a changing regulatory environment, significant reputational damage and the expanding nature of the cases being brought. Among the new arenas of climate litigation risk, analysts say, are fraud and consumer protection liabilities, planning and permitting laws and environmental performance.
Persons: Shell, Peter Boer, Elizabeth Hypes, Verisk Maplecroft, Verisk Maplesoft, Franca Wolf, Maplecroft, Wolf, that's, Hypes, LOGAN CYRUS, Norway's, MUNIR UZ ZAMAN Organizations: Royal Dutch Shell Plc, Bloomberg, Getty, Royal, Shell, CNBC, INA, AFP, EU, U.S, Gas, Exxon, of Human Locations: The Hague, Netherlands, Hague, Paris, Weisweiler, Germany, U.S, Argentina, South Africa, India, Europe, Central Asia, Charlotte , North Carolina, Caribbean, corporates, Dhaka
Downtown Sydney, Bondi Beach head for 1-week lockdown as delta Covid infections spike
  + stars: | 2021-06-25 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
A pedestrian walks past a mural depicting an emoji wearing a protective mask along the promenade at Bondi Beach in Sydney, Australia, on Tuesday, March 24, 2020. Brendan Thorne | Bloomberg | Getty ImagesDowntown Sydney and the city's eastern suburbs, which include Bondi Beach, will go into a one-week lockdown from midnight Friday as authorities struggle to contain a spike in the highly contagious Delta Covid-19 virus variant in the city. People are allowed to leave their homes only for essential work or education, medical reasons, grocery shopping or outdoor exercise. "We don't want to see this situation linger for weeks, we would like to see this situation end sooner rather than later," Berejiklian said. AMA president Omar Khorshid said the latest restrictions were "not quite enough" and urged officials to place the entire city under lockdown.
Persons: Brendan Thorne, Gladys Berejiklian, Berejiklian, Omar Khorshid Organizations: Bloomberg, Getty Images Downtown Sydney, Australian Medical Association, Authorities, NSW Locations: Bondi Beach, Sydney, Australia, Bondi, New South Wales, NSW, Australia's
Downtown Sydney, Bondi head for lockdown as Delta infections spike
  + stars: | 2021-06-25 | by ( Renju Jose | ) www.reuters.com + 0.00   time to read: +4 min
People wait in line outside a coronavirus disease (COVID-19) vaccination centre at Sydney Olympic Park in Sydney, Australia, June 23, 2021. Twenty-two local cases were reported on Friday, the biggest rise in infections since the first case was detected in Bondi last Wednesday in a limousine driver who transported an overseas airline crew. Khorshid warned officials the latest Sydney outbreak could get out of control and reminded officials the devastating wave of COVID-19 in Melbourne last year, which resulted in more than 800 deaths. Victoria reported no new local COVID-19 cases beyond the two announced on Thursday, likely linked to the Sydney outbreak. Two local cases were detected in Queensland overnight, both in home quarantine.
Persons: Jane Wardell, Gladys Berejiklian, Berejiklian, Omar Khorshid, Khorshid, Jeannette Young, Victoria, Philip Lowe, Renju Jose, Jacqueline Wong Organizations: Sydney Olympic, REUTERS, Sydney, SYDNEY, Downtown, Australian Medical Association, Authorities, NSW, Victoria, Australian Banking Association, Reserve Bank of Australia, Thomson Locations: Sydney, Australia, Downtown Sydney, Bondi, New South Wales, NSW, Australia's, Melbourne, Queensland
First deepwater gas field fully run by China starts production
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -0.90   time to read: +1 min
Men wearing face masks walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang/FilesBEIJING, June 25 (Reuters) - The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country's national offshore producer CNOOC Ltd (0883.HK) said. The gas project, in the South China Sea, is expected to reach peak production of 328 million cubic feet of natural gas and 6,751 barrels of condensate per day in 2022, with a 10-year stable production period, CNOOC said in a press release. A total of 11 production wells are planned in the gas field, CNOOC said. read moreThe project will bring CNOOC's total gas production capacity in the South China Sea area to more than 13 billion cubic meters annually, the company said in a separate post on its official Weibo account.
Persons: Tingshu Wang, CNOOC, Hallie Gu, Shivani Singh, Aditya Soni Organizations: China National Offshore Oil Corp, REUTERS, CNOOC, HK, Reuters, Thomson Locations: China, Beijing, BEIJING, South China
Live Covid-19 Live Updates: More U.S. States Try Lotteries to Tackle Vaccine Hesitancy Louisiana, where the inoculation rate has lagged significantly behind the national average, is among the latest to dangle cash prizes and scholarships in return for getting a shot. Six of the bottom eight states are in the South: They include Alabama, Arkansas, Georgia and Tennessee. The Biden administration has made a concerted push to overcome vaccine hesitancy, particularly in the South. In some states, he said, the lotteries coincided with making the vaccine available to teenagers, which could skew the numbers. He suggested comparing the vaccination rates in states with lotteries to those without them.
Persons: John Bel Edwards, Donna Edwards, Hilary Scheinuk, Edwards, , we’ve, they’ve, ” Mr, Biden, Jill Biden, Mike DeWine, DeWine, Mr, Dr, Mark Fendrick, , Fendrick, , Kate Brown, Charles Boyle, Brown, Boyle, ” Daniel E, Slotnik, Loren Elliott, Gladys Berejiklian, Dan Balilty, Chezy Levy, Anat Danieli, caseload, Naftali Bennett, Nachman Ash Organizations: States, Gov, Associated Press, New York Times, University of Michigan Center, Michigan, Oregonian, New, , ., The New York Times, Health Ministry, Pfizer, BioNTech, Oxford University, Israel’s Tourism Ministry Locations: Louisiana, Mississippi, Alabama , Arkansas, Georgia, Tennessee, North Carolina, Ohio, California , Illinois, Maryland, New Mexico, Washington, In Oregon, Oregon, , Oregon, Sydney, Australia’s, Australia, Credit, New South Wales, Israel, Tel Aviv, The New York Times JERUSALEM, Moderna
Over the years, critics have called out Tesla for the misleading and potentially dangerous way it brands its driver-assistance features, Autopilot and Full-Self-Driving Capability, neither of which make Teslas autonomous. The messy transition to automated driving is upon us, and the entire auto industry has work to do to make roads safer. General Motors and Ford market their systems as "hands-free driving" on approved stretches of highway. A larger problem is that drivers don't fully understand what their cars can and can't do — regardless of their features. 2021 Cadillac Escalade SUV with General Motors' Super Cruise hands-free driving assistance.
Persons: Tesla, — Elon Musk's carmaker, Missy Cummings, Cummings, Ford, It's, Tracy Pearl, Pearl, Bryant Walker Smith, Beck Diefenbach, Smith Organizations: Tech, Service, General Motors, Ford, Duke University, GM, Hyundai ProPilot, Volvo, BMW, University of Oklahoma, University of South, Reuters Locations: AAA, University of South Carolina
But there has never been a peace treaty, meaning the Korean War is still technically being fought. There are those that refer to the Korean War as, "the forgotten war" as it did not receive the same kind of attention as did World War II or the Vietnam War. Even now, 70 years later, the Korean War is given less notice than other conflicts and wars in history. The Korean War was the first military action following the end of WWII and the beginning of the Cold War. These numbers made the Korean War known as an exceptionally bloody war, despite the fact that it was relatively short.
Persons: Harry Truman, Truman, MacArthur, Douglas MacArthur, Joseph Martin Organizations: Business, Service, Democratic People's, Western, UN, South Korea, War US Army, Keystone, Getty, Soviet, North, North Korea Wikimedia Commons, American, Republican Locations: Korean, South Korea, North Korea, Vietnam, Korea, Democratic People's Republic of Korea, Western Republic of Korea, Masan, Soviet Union, United States, China, Yalu, Europe, Gen, Indong
More funds approved for COVAX vaccines, tighter access planned - statement
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
Workers offload the AstraZeneca/Oxford vaccines under the COVAX scheme against coronavirus disease (COVID-19) at the Aden Abdulle Osman Airport in Mogadishu, Somalia March 15, 2021. The total funds available to cover the cost of delivering the vaccines will rise to $925 million, GAVI said in a statement issued after a two-day board meeting. GAVI's board also set new terms for accessing vaccines, which will disincentivise middle-income nations from participating by insisting they pay for COVAX vaccines fully in advance next year. "Starting in 2022, the model will enable self-financing participants that rely on the facility to access doses to continue procuring vaccines through COVAX under revised terms and conditions," it said. However, the poorest countries, mostly in Africa and Southeast Asia, will keep the same conditions, with little or no costs to buy vaccines.
Persons: Omar GENEVA, GAVI, Stephanie Nebehay, Emma Farge Organizations: AstraZeneca, Oxford, REUTERS, World Health Organization, Reuters, Thomson Locations: Aden Abdulle Osman, Mogadishu, Somalia, India, Latin America, South Africa, Africa, Southeast Asia
TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. REUTERS/Toru Hanai/File PhotoThe sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth. Panasonic bought 1.4 million Tesla shares at $21.15 each in 2010 for about $30 million. While Panasonic gave financial backing to Tesla when it was smaller, the automaker’s expansion means there’s no need for capital ties, Yasuda added. The stake sale will not affect the partnership with Tesla, the Panasonic spokesperson said, but comes as the automaker is diversifying its own battery supply chain.
Persons: Toru Hanai, Elon Musk’s Tesla, , Hideki Yasuda, Musk, Tesla, Yasuda, China’s Organizations: Panasonic Corp, Tesla, Technologies, Makuhari, REUTERS, Elon, Panasonic, Ace Research Institute, South Korea’s LG, LG Chem, Reuters Locations: TOKYO, Chiba, Japan, Shanghai, U.S
Panasonic sells Tesla stake for $3.6 billion
  + stars: | 2021-06-24 | by ( Sam Nussey | Shinji Kitamura | ) www.reuters.com + 0.00   time to read: +2 min
TOKYO (Reuters) - Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. REUTERS/Toru Hanai/File PhotoThe sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investments. Panasonic bought 1.4 million Tesla shares at $21.15 each in 2010 for about $30 million. While Panasonic gave financial backing to Tesla when it was smaller, the automaker’s expansion means there’s no need for capital ties, Yasuda added. The stake sale will not affect the partnership with Tesla, the Panasonic spokesperson said, and was made as part of a review of shareholdings in line with corporate governance guidelines.
Persons: Toru Hanai, Elon Musk’s Tesla, , Hideki Yasuda, Musk, Tesla, Yasuda, China’s Organizations: Panasonic Corp, Tesla, Technologies, Makuhari, REUTERS, Elon, Panasonic, Ace Research Institute, South Korea’s LG, LG Chem, Reuters Locations: TOKYO, Chiba, Japan, Shanghai, U.S
Nearly 100 people are still unaccounted for in the small Miami Beach community. Scientists, however, have long noted the risk of building on the shifting sands of a barrier island like Miami Beach, especially with rising sea levels. Surfside’s mayor, Charles Burkett, told reporters that he often jogged by the condo building, which was built in the early 1980s. “I’ve been here since 1993, and I’ve never seen something like this happen,” Zalewski added, referring to Thursday’s condo collapse. ‘A real awakening’Another issue at hand for the Surfside community is one shared with all of Miami Beach: The towns are built on a barrier island.
Persons: Charles Burkett, Joe Raedle, ” Burkett, NBC’s, Kenneth Direktor, Becker, ” Direktor, Peter Zalewski, “ I’ve, I’ve, Zalewski, , Orrin Pilkey, Gilbert Gaul, , ” Pilkey, wouldn’t Organizations: Miami Herald, Miami, Miami Beach, Beach, Duke University, Coastal Management Locations: Surfside , Florida, Miami Beach, Surfside, Fla, Dade County, South Florida, Miami, Florida
Relatives of the first lady of Paraguay were among the dozens missing Thursday after a high-rise condominium building partially collapsed near Miami Beach, according to South American officials. Euclides Acevedo, Paraguay’s foreign minister, said in interviews Thursday that members of President Mario Abdo Benítez’s family were among those missing. They were identified as Sophia López Moreira, the sister of first lady Silvana López Moreira, and her husband Luis Pettengill. Their three children and Lady Luna Villalba, a worker accompanying the family, were also missing, Acevedo said. Paraguay's first lady, Silvana Lopez Moreira, stands next to her husband, President Mario Abdo Benitez, at the Palacio de Lopez in Asuncion in 2019.
Persons: Euclides Acevedo, Mario Abdo, Sophia López Moreira, Silvana López Moreira, Luis Pettengill, Lady Luna Villalba, Acevedo, Paraguay's, Silvana Lopez Moreira, Mario Abdo Benitez, Jorge Saenz, Organizations: South, Palacio, Lopez, Paraguay’s Ministry of Foreign Affairs Locations: Paraguay, Miami Beach, Asuncion
UPDATE 1-South African rand hovers as markets U.S. inflation signals
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
(Updates prices, adds stocks)JOHANNESBURG, June 24 (Reuters) - South Africa’s rand was flat on Thursday, with investors weighing conflicting signals from the U.S. Federal Reserve that pushed the dollar away from two-month highs. At 1507 GMT, the rand traded at 14.2450 against the dollar, down just 0.07% from its previous close. “For now, we can expect the rand to mostly track the dollar,” Andre Cilliers, a currency strategist at TreasuryONE, said. The U.S. currency got some support overnight as two Fed officials said a period of high inflation in the United States could last longer than anticipated, a day after Fed Chair Jerome Powell had played down rising price pressures. But it slipped on Thursday, paring back gains after hitting a two-month high last week.
Persons: ” Andre Cilliers, Jerome Powell, paring, Stocks, Emma Rumney, Jonathan Oatis Organizations: U.S . Federal Reserve, Global, Statistics South, South African Reserve Bank, Johannesburg Stock, Old Mutual Locations: JOHANNESBURG, United, Statistics South Africa
SURFSIDE, Florida—A portion of a condo tower in this Miami-area beachfront town collapsed, killing at least one person, injuring at least 10 people and triggering a painstaking search for survivors in the rubble. About 55 units were affected, and the building was substantially full of occupants, the mayor said, citing his conversation with a building manager. Amy Beth Bennett/South Florida Sun-Sentinel/Associated Press 1 of 11 • • • • • 1 of 11 Show Caption The northeast section of the 136-unit Champlain Towers South building collapsed in Surfside, Fla., a town north of Miami Beach. Surfside is a town of 6,000 people nestled between the village of Bal Harbour to the north and Miami Beach to the south. Police tape blocked access to the collapsed condo building in Surfside, north of Miami Beach.
Persons: Charles Burkett, Ray Jadallah, Mr, Burkett, Amy Beth Bennett, David Downey, Downey, hasn’t, Eliana, Ms, Salzhauer, , Daniella Levine Cava, Morgan Weisberg, Surfside, chandan khanna, Jon Kamp, Valerie Bauerlein, Elizabeth Bernstein, Arian Campo, Flores, flores Organizations: Dade, Officials, South Florida Sun, Sentinel, Associated, Associated Press Rescuers, Authorities, Dade Fire, CNN, International Association of Fire Chiefs, Indiana University, Miami Beach, Police, Agence France Locations: SURFSIDE, Florida, Miami, Champlain, Miami Beach, Surfside, Fla, South Florida, United States, Dade County, Bal Harbour, Collins, elizabeth.bernstein, arian.campo
DES MOINES, Iowa—Nikki Haley is trying to emphasize her own political identity while still appealing to former President Donald Trump’s deeply loyal supporters as she lays the groundwork for a possible 2024 presidential bid. A critic of Mr. Trump before becoming his United Nations ambassador for two years, Ms. Haley will on Thursday evening headline the Republican Party of Iowa’s biggest gathering of the year. Her Lincoln Dinner appearance, a high-profile stop in the state that is expected to host the first GOP presidential nomination balloting in 2024, will give the former South Carolina governor a chance to both introduce herself to activists and offer contrition to supporters of Mr. Trump that she may have offended in the past. Earlier this year, Ms. Haley told Republican National Committee members that Mr. Trump would be “judged harshly by history” for his behavior after November’s election. Her back and forth regarding the former president has left some questioning Ms. Haley’s political compass.
Persons: Nikki Haley, Donald Trump’s, Mr, Trump, Haley, contrition, , , Ms, won’t Organizations: DES, United Nations, Republican Party of Iowa’s, South, Mr, Republican National Committee, Politico Locations: DES MOINES, Iowa, South Carolina
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