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☆ Belgium's Brecel holds off Selby to win world title
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +3 min

May 1 (Reuters) - Belgium's Luca Brecel became the first player from mainland Europe to win the snooker world title as he completed a fairytale fortnight by resisting a Mark Selby fightback to triumph 18-15 at The Crucible on Sunday. Brecel enjoyed a 9-8 overnight lead after Saturday's two sessions, but won the opening four frames on Sunday with three centuries to seize command. Selby looked on a roll but fearless Brecel would not be denied the title which lifts him second in the world rankings. After that win he said he had celebrated beating another former champion, Mark Williams, in the previous round by getting as 'drunk as hell'. While Brecel celebrated becoming Belgium's latest and most unlikely sporting hero, Selby, 39, had the consolation of making the first 147 break ever in the final of the world championship, his maximum coming during a storming fightback on Saturday.

☆ Inside New York’s ‘Most Bizarre’ Secret Penthouse
▼ + stars: | 2023-04-30 | by ( Dodai Stewart | ) www.nytimes.com time to read: +1 min

On a recent Wednesday afternoon, as the sun turned the stained-glass skylight of a Midtown penthouse into a dazzling display of jewel tones, Prosecco was poured into flutes. A saxophonist and a violinist who had met moments earlier decided to play a Charlie Parker tune together. Nearby, a pink-haired painter from Cyprus was explaining her most recent work, hung on the wall behind her. The penthouse once housed a pipe organ and a stuffed buffalo head. A shimmering fireplace made of onyx and crystals, over five feet tall, has survived to this day.

☆ Mount Vesuvius park closes access to volcano after Napoli fans plan to fake an eruption after potential title victory
▼ + stars: | 2023-04-29 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +2 min

CNN —The Vesuvius national park authority in Naples, Italy, has announced it will be closing access to the live volcano on Saturday, ahead of Napoli’s potential title-winning game on Sunday. Should Lazio drop points against Inter Milan in an earlier kickoff on Sunday, the Italian side could win its first Italian league title in 33 years with victory against Salernitana. Authorities became concerned after reports emerged of plans to use blue smoke bombs and industrial strength fireworks inside the crater, which has been described as a “fragile and intrinsically dangerous place.”The volcano overlooks the city. Supporters burn flares next to a mock grave for a coffin in Naples adorned with the scarves of rival teams Inter Milan, Juventus and AC Milan. “Vesuvius crater is a fragile and intrinsically dangerous place.”The press release went on to say the Vesuvius police municipalities and the Carabinieri military police would provide a “massive garrison” to protect the entrances and access.

☆ Napoli fans told not to take title party onto Vesuvius
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +1 min

April 28 (Reuters) - Napoli fans preparing to celebrate the club's first Italian league title since 1990 have been told to steer clear of Mount Vesuvius, the volcano that overlooks the southern city of Naples. Park authorities became concerned at reports that Napoli's fanatical fans planned to set off flares to light up Vesuvius in the Italian national colours should the team clinch the title on Sunday, branding the stunt dangerous. Runaway leaders Napoli will secure the club's third Serie A crown if they beat visitors Salernitana and second-placed Lazio drop points against Inter Milan at San Siro. "We are all pleased for Napoli's success which will bring honour to our region and great joy for people," said Vesuvius park commissioner Raffaele De Luca. Vesuvius famously erupted in AD79 when it destroyed the nearby Roman city of Pompeii but it remains active.

☆ Nemo’s Garden: The future of farming could be under the sea
▼ + stars: | 2023-04-27 | by ( Michelle Cohan | ) edition.cnn.com time to read: +5 min

Nemo’s Garden uses hydroponics – a technique that uses water-based nutrients instead of soil, the same method used in most indoor vertical farms. Studies ranging in nature from pharmaceutical to culinary have been conducted on Nemo’s Garden. “In our studies Nemo’s Garden has 58% more fish than the surrounding environment, so it has a repopulation effect,” he adds. Equipment inside Nemo's Garden is powered by renewable energy like solar panels and wind turbines. The team at Nemo’s Garden has plans for even bigger biospheres in the future, as well as other locations.

☆ We mapped out the 113 most powerful people at Warner Bros. Discovery after a blockbuster merger and a tumultuous year of layoffs and cuts under CEO David Zaslav
▼ + stars: | 2023-04-20 | by ( Claire Atkinson | Lucia Moses | Taylor Tyson | ) www.businessinsider.com time to read: +2 min

Warner Bros. CEO David Zaslav is focused on rebuilding but faces economic headwinds and an advertising slump. Insider mapped out the 112 most powerful people under Zaslav leading WBD film and TV studios, HBO, CNN, and more. One year after the merger that created Warner Bros. While Kathleen Finch has joined the mix with her portfolio of Discovery channels, top TV execs from the WarnerMedia regime — HBO's Casey Bloys and Warner Bros. TV studios chief Channing Dungey — are still in place.

☆ Carmakers are poised for EV race to the bottom
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +2 min

On Thursday, the near 10 billion euro carmaker Renault (RENA.PA) appeared to have finally turned a corner after a painful pandemic. A Tesla-induced price war would be particularly painful for European carmakers like Renault, which is forecast to record an abysmal operating margin of around 6% this year, Refinitiv data show. But if Musk’s plan works and he hoovers up market share, Renault and its peers may have no choice. The party for European EV carmakers could be over just as it started. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Rins wins in Texas after Bagnaia crashes out of the lead
▼ + stars: | 2023-04-16 | by ( ) www.reuters.com time to read: 1 min

AUSTIN, Texas, April 16 (Reuters) - Alex Rins won the Grand Prix of the Americas in Austin on Sunday after MotoGP world champion Francesco 'Pecco' Bagnaia, the Saturday sprint winner, crashed while leading from pole position. The Spaniard's surprise victory on a clear afternoon in Texas was a first for his LCR Honda team since Britain's Cal Crutchlow in Argentina in 2018. Italian Luca Marini, MotoGP great Valentino Rossi's half-brother, was second for the VR46 Ducati team and France's 2021 world champion Fabio Quartararo completed the podium on a Yamaha. VR46's Marco Bezzecchi finished sixth to stretch his championship lead to 11 points over fellow Italian Bagnaia after three rounds. Reporting by Alan Baldwin in London, editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Bagnaia smashes lap record to take Americas GP pole
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +1 min

[1/5] Apr 14, 2023; Austin, TX, USA; Francesco Bagnaia (1) of Italy and Ducati Lenovo Team rounds turn 11 during the MotoGP second free practice at Circuit of the Americas. Mandatory Credit: Dustin Safranek-USA TODAY SportsApril 15 (Reuters) - Ducati's reigning MotoGP world champion Francesco Bagnaia smashed the circuit lap record to take pole position for the Grand Prix of the Americas in Austin, Texas, on Saturday. The factory team rider's best lap of two minutes 01.892 seconds, at an average speed of 162.8 kph, secured pole for Saturday's later sprint and Sunday's race at the Circuit of the Americas. LCR Honda's Alex Rins, second but 0.161 off the pole pace, and VR46 Ducati's Luca Marini completed the front row. Gresini Ducati rider Alex Marquez, VR46 Ducati's championship leader Marco Bezzecchi and Aprilia's Alex Espergaro filled the second row.

☆ Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
▼ + stars: | 2023-04-14 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/2] A craftswoman works on a Birkin bag at the luxury goods Hermes factory in Seloncourt October 4, 2013. REUTERS/Benoit TessierPARIS, April 13 (Reuters) - Sales at Birkin bag maker Hermes (HRMS.PA) rose 23% in the first quarter, above market expectations, as wealthy shoppers in China and Europe splurged on luxury fashion and accessories despite higher prices and global market turmoil. The increase of 23%, at constant exchange rates, beat a Visible Alpha consensus for 15% growth. Hermes raised prices by around 7% at the start of the year, a higher rate than its usual 2-3% annual increase. In China, where Hermes was less affected than competitors by lockdowns that dented sales for many at the end of last year, revenues grew by 23% in the quarter.

☆ Asian stocks subdued ahead of US inflation data, Fed minutes
▼ + stars: | 2023-04-12 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Data on Tuesday showed China's consumer inflation in March was at its slowest since September 2021. The consumer price index is expected to show core inflation rose 0.4% on a monthly basis and 5.6% year-over-year in March, according to a Reuters poll of economists. Markets are now pricing in a 66% chance of the Fed raising interest rates by 25 basis points in May and then pausing for the subsequent meetings, according to the CME FedWatch tool. The Fed last month raised interest rates by a quarter of a percentage point, taking it to a range of 4.75% to 5.00%. "Investors seem to be getting ahead of themselves in expecting the Fed to begin cutting interest rates", said Luca Paolini, chief strategist at Pictet Asset Management.

☆ Djokovic needs time to adapt after 'ugly' start on clay
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

MONTE CARLO, April 12 (Reuters) - Novak Djokovic returned to the ATP Tour with an "ugly" straight-sets win over Ivan Gakhov at Monte Carlo and while the world number one has had extended preparation on clay this year he said he needs more time to adapt to the surface. "Throughout my career I needed one, two weeks of tournaments to really start to play the way I want to. It's the case again this year, though I trained for three weeks and felt good playing practice points," Djokovic told reporters. "All these things play a factor in the way you feel on the court. I'm really glad I overcome the first step, because I hope things will be better and easier from this point."

☆ These 7 global stocks are bucking the bearish trend, with analysts hiking price targets
▼ + stars: | 2023-04-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

"I think the analysts are a bit too optimistic. Despite this gloomy outlook, there are a handful of stocks that appear to be bucking the bearish trend. For investors with an appetite for U.S. stocks , the following table shows stocks that meet the same criteria in the S & P 500 . Delta Air Lines , also included on this list, stood out for having a 50% upside potential from its current share price. The stock, up 3.38% so far this year, is rated as buy or overweight by all 21 analysts covering it.

☆ Earnings will probably disappoint but investors are positioned for that, strategist says
▼ + stars: | 2023-04-11 | 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 EmailEarnings will probably disappoint but investors are positioned for that, strategist saysLuca Paolini, chief strategist at Pictet Asset Management, discusses earnings season, the economic outlook and how to position amid a credit crunch.

☆ Djokovic recovers from stuttering start to reach Monte Carlo round three
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +2 min

[1/4] Tennis - ATP Masters 1000 - Monte Carlo Masters - Monte-Carlo Country Club, Roquebrune-Cap-Martin, France - April 11, 2023 Serbia's Novak Djokovic celebrates after winning his second round match against Russia's Ivan Gakhov REUTERS/Eric GaillardApril 11 (Reuters) - Novak Djokovic briefly ran into a spot of bother as he fought his way into the third round of the Monte Carlo Masters with a 7-6(5) 6-2 victory against Russian qualifier Ivan Gakhov on Tuesday. The world number one, who had not played since early March when he reached the final in Dubai after being forced to skip Indian Wells and Miami because of his COVID unvaccinated status, struggled to find his range on the Monte Carlo clay before prevailing on a sunlit centre court. Djokovic was then business like in the second set, leaving no chance of a comeback for his opponent, who suddenly felt the court was too big for him. The double French Open champion, who suffered an opening-round exit here last year, will next face Lorenzo Musetti or the 16th seed's Italian compatriot Luca Nardi. Spain's Nadal, who triumphed a record 11 times at the Monte Carlo Country Club, is absent after failing to recover from a hip injury that has kept him away from the courts since the Australian Open.

☆ Apple's Mac shipments fall more than 40%, worse than major rivals
▼ + stars: | 2023-04-10 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

A new MacBook Air running M2 chip is seen displayed during Apple's annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Apple's worldwide computer shipments fell 40.5% year-over-year in the first quarter of 2023, amid a broader contraction in consumer demand, according to research firm IDC. Apple's worldwide PC market share fell between the first quarter of 2022 to the first quarter of 2023, from 7.2% to 8.6%, according to IDC data. The company shipped 2.8 million fewer devices year-over-year in the first quarter of 2023, according to IDC. Apple CEO Tim Cook said at the time that the challenging macroeconomic environment impacted iPhone, Mac and Apple Watch sales.

☆ Births in Italy hit record low in 2022, population shrinks further
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +2 min

April 7 (Reuters) - Births in Italy dropped to a new historic low below 400,000 in 2022, national statistics bureau ISTAT said on Friday, as the population continued to shrink. Last year Italy recorded more than 12 deaths for every seven births and the resident population fell by 179,000 to 58.85 million, ISTAT said in its annual demographic report. The population decline slowed somewhat compared with 2021 and 2020, two years heavily affected by the COVID-19 pandemic. Italy recorded 392,600 births in 2022, down from 400,249 the previous year, ISTAT said, the 14th consecutive fall and the lowest number since the country's unification in 1861. Foreigners made up 8.6% of the country's population in 2022, for a total of 5.05 million.

☆ Italian bank loans to firms fall as demand weakens: central bank
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +1 min

April 7 (Reuters) - Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy said on Friday. In the three months to February loans to the non-financial sector fell overall by 3.2% year-on-year, driven down by 7.5% drop in credit to companies, the Bank of Italy said in its quarterly bulletin. Between November and February the average interest rate on new bank loans to firms increased by 60 basis points (0.6%) to 3.6%, the central bank said. Loans to families in the three months to February edged down by 0.1% year-on-year, as demand for house mortgages declined, it added. Reporting by Alberto Chiumento, Luca Fratangelo, editing by Gavin Jones andOur Standards: The Thomson Reuters Trust Principles.

RBC Capital Markets anticipates that the next quarter could be choppy for stocks, but the firm shared its list of high-conviction names to navigate the volatility. With these concerns in mind, RBC shared a list of high-conviction stocks that it says are well-positioned to offer upside this quarter. Below are 10 of the names: Alnylam Pharmaceuticals and biotech engineering stock Boston Scientific are new additions to RBC's list of high-conviction names. RBC analyst Shagun Singh said Boston Scientific is "positioned to drive consistent double-digit EPS growth," with upcoming device launches and trial data readouts to act as catalysts. On the energy front, RBC named oil company Diamondback Energy as one of its top picks for the quarter.

☆ Stocks falter as economic worries nag, big rate hike lifts kiwi dollar
▼ + stars: | 2023-04-05 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +4 min

[1/2] A stock broker looks at his screens at the stock exchange in Frankfurt, Germany, March 16, 2023. REUTERS/Kai Pfaffenbach/File PhotoSummary Graphic: World FX ratesGraphic: Global asset performanceWorld stocks pull back from 7-week highsNZ dollar rallies after big rate hikeLONDON, April 5 (Reuters) - World stock markets stumbled on Wednesday as signs that the economic outlook is weakening spurred caution, while a bigger-than-expected interest-rate hike from New Zealand lifted the kiwi dollar. European stocks fell with the broad STOXX 600 index pulling away from Tuesday's one-month highs (.STOXX). U.S. equity futures dipped , and Japan's Nikkei (.N225) fell 1.6% in its biggest one-day percentage fall since mid-March. Weak U.S. economic data this week has exacerbated recession worries, taking the edge off recent stock market gains.

☆ China is waging a war on its financial industry. Some high-profile bankers are ensnared
▼ + stars: | 2023-04-05 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Last Friday, authorities opened a similar probe into Liu Liange, former chairman of state-owned Bank of China, the country’s fourth largest lender. And in January, Wang Bin, who headed state-owned China Life Insurance from 2018 to early 2022, was charged by national prosecutors with taking bribes and hiding overseas savings. They include financial giants such as China Investment Corp, the nation’s sovereign wealth fund, China Development Bank, which provides financing for key government projects, and Agricultural Bank of China, another large state-controlled lender. “The current financial crackdown is a new wave of Xi Jinping’s anti-corruption campaign against the financial sector for consolidation of his power,” said Chongyi Feng, an associate professor in China Studies at the University of Technology Sydney. But the deepening crackdown on the vast financial sector could rattle investors.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ 9 Middle Eastern funds and investors pouring money into US media, sports, and entertainment
▼ + stars: | 2023-04-03 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Governments and investors in the Middle East are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

☆ Binder 'fights like hell' to win Argentina sprint from 15th on grid
▼ + stars: | 2023-04-01 | by ( ) www.reuters.com time to read: +2 min

SANTIAGO DEL ESTERO, Argentina, April 1 (Reuters) - Red Bull KTM rider Brad Binder put on a masterclass in bravery and skill to win Saturday's MotoGP sprint race at the Argentina Grand Prix after starting 15th on the grid. I got super tight in turn one and just tried to hug the inside," Binder said in a post-race interview. Once Bezzecchi got past his Italian compatriot Marini, he looked to hunt Binder down on the final lap but the Red Bull KTM rider held on for the win. The step they made from yesterday was unreal - my bike worked fantastic," Binder added, as he moved up to fourth in the championship. Reporting by Rohith Nair in Bengaluru Editing by Mark Potter and Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ Bagnaia wins first ever MotoGP sprint at Portuguese Grand Prix
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +3 min

March 25 (Reuters) - Reigning world champion Francesco Bagnaia won the first ever MotoGP sprint with a last-lap overtake at the season-opening Portuguese Grand Prix on Saturday to earn 12 points and move to the top of the rider's standings ahead of the race on Sunday. On the final lap, Martin looked set to take the chequered flag but the Spaniard went wide on a turn, opening the door for Bagnaia to storm ahead and win the sprint. "It was fun, but it was difficult for the win," said Bagnaia, who had dropped to third midway through the sprint. Sunday's race will have the same grid order after the qualifying session with Marquez on pole. Reporting by Rohith Nair in Bengaluru Editing by Toby Davis and Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

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