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Insider Today: Big Tech goes on trial
  + stars: | 2023-09-12 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +10 min
Speaking of Big Tech, it's a big day for the industry as the DOJ's antitrust trial against Google starts today. It's also a strategy the Department of Justice argues is "anticompetitive and exclusionary" in a landmark trial for Big Tech kicking off today. The trial is the biggest to hit the tech industry since the government sued Microsoft in the late 1990s. AdvertisementAdvertisementMore broadly, the case is a bellwether for how the government could argue future cases against Big Tech companies in the modern era. Each case is unique, but their focus on monopolistic behavior means the Google trial could set precedents followed by both sides.
Persons: Tayfun, it's, there's, you'll, It's, Hugh Langley, Kent Walker, Hugh, Walker, Chelsea Jia Feng, Henry Farrell, Abraham Newman's, Walter Wriston's, Gil Perez, Jamie Dimon, JPMorgan doesn't, Dimon, Elon, Franz von Holzhausen, Musk, Walter Isaacson, Yossakorn Kaewwannarat, VCs, they're, Nicki Minaj, Shakira, Beyoncé, Karol G, Frances Tiafoe, Austin Krajicek, Mackenzie McDonald, Tommy Paul, Rajeev Ram, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Big Tech, Google, Anadolu Agency, Getty, Department of Justice, DOJ, Microsoft, Apple, Federal Trade Commission, Amazon, Meta, Deutsche, JPMorgan, Street, Workers, Gallup, Startup, MTV, Team, Amtrak Locations: Wall, Silicon, Chelsea, New York City, San Diego, London, New York
Race winner Sergio Perez of Mexico passes his team celebrating during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on October 02, 2022 in SingaporeOrganizers said they will halve energy emissions from the Formula One Singapore Grand Prix by 2028. Singapore GP said last year's event generated 2,372 tonnes of carbon dioxide equivalent, including set up and tear down. Energy use made up 96.1% of total emissions, while the remaining 3.9% came from transport, waste and water. SGP said it aims to use this substitute in half of the circuit park's generators by 2025 and all by 2028. It estimated the switch would reduce carbon dioxide emissions by up to 52%, once fully implemented.
Persons: Sergio Perez, Mexico, Sasha Rafi Organizations: of Singapore, Marina, Circuit, Singapore Organizers, Formula, Prix, Singapore GP Locations: Singapore
Deutsche Bank is aggressively experimenting with AI capabilities to transform the bank. Then they cut to black before text came into focus to provide intel on Cymbal, a hypothetical corporate client of Deutsche Bank. Deutsche Bank is aiming to transform the business and work of banking. There's a lot of assumptions," Gil Perez, Deutsche Bank's chief innovation officer, told Insider. The bank will need to compete for in-demand AI tech talent, a market that is only set to heat up.
Persons: Gil Perez, Perez, Tamara Bitticks, Bitticks, There's Organizations: Deutsche Bank, DB, intel, Google, Deutsche, Bankers, Wall, genAI Locations: San Francisco, Washington
CNN —Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss with Women’s World Cup winner Jennifer Hermoso. Among other things, because the powers that be will prevent my return.”The Spanish Football Federation (RFEF) confirmed that Rubiales had presented his resignation as chief of the Spanish football association as well as vice president of UEFA. “The Royal Spanish Football Federation confirms that Luis M. Rubiales Béjar has presented his resignation tonight,” RFEF said in a statement. He was replaced by Montse Tomé, the first woman in Spanish national team history to hold the position. Public outcry to the unwanted kiss and Rubiales’ staunch defense of it has come from every sphere of Spanish society, including from politicians and sports stars.
Persons: CNN — Luis Rubiales, Jennifer Hermoso, Pedro Rocha, RFEF, ” Rubiales, , , Rubiales, Luis M, Rubiales Béjar, ” RFEF, Pedro Rocha Junco, it’s, Hermoso, , Irene Montero, ” Yolanda Diaz, Spain’s, Jenni, Jorge Vilda, Vilda, Montse Tomé, Spain’s women’s, ” Hermoso, Rubiales “, Ángeles Organizations: CNN, UEFA, Spanish Football Federation, Spanish, Royal Spanish Football Federation, FIFA, Hermoso Locations: Spanish, , Spain, , Rubiales, Motril, Grenada
Bo Bichette, Blue Jays edge Royals
  + stars: | 2023-09-09 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/8] Sep 8, 2023; Toronto, Ontario, CAN; Toronto Blue Jays third baseman Santiago Espinal (5) and Toronto Blue Jays first baseman Vladimir Guerrero Jr. (27) celebrate a win over the Kansas City Royals at Rogers Centre. Mandatory Credit: John E. Sokolowski-USA TODAY Sports Acquire Licensing RightsSeptember 9 - Bo Bichette returned from the injured list and had two RBIs as the Toronto Blue Jays defeated the visiting Kansas City Royals 5-4 Friday night. Bichette, who had been out with a right quad injury, had an RBI double to tie the game at 1-1 in the sixth and an RBI single in the Jays' four-run seventh. Dairon Blanco hit a solo home run for the Royals (44-98) as the teams opened a three-game series. Romano worked around two walks and Perez's RBI single in the ninth to get his 33rd save.
Persons: Santiago Espinal, Vladimir Guerrero Jr, John E, Bo Bichette, Bichette, Dairon Blanco, Collin Snider, Alec Marsh, Yusei Kikuchi, Blanco, Kevin Kiermaier, Davis Schneider, Cavan Biggio, Marsh, Whit Merrifield, Trevor Richards, Freddy Fermin blooped, Nick Loftin, Kyle Isbel, Chad Green, Richards, Austin Cox, Alejandro Kirk's, Carlos Hernandez, George Springer, Tucker Davidson, Ernie Clement, Green, Bobby Witt Jr, Salvador Perez, Tim Mayza, Edward Olivares, Jordan Romano, Romano Organizations: CAN, Toronto Blue Jays, Kansas City Royals, Rogers Centre, Jays, Royals, Toronto, Cavan, Thomson Locations: Toronto , Ontario, Toronto
Marlins starter Eury Perez gave up four hits and two runs with four strikeouts and three walks in five innings. Phillies starter Cristopher Sanchez tossed five shutout innings and allowed four hits with four strikeouts and one walk. Matt Strahm (8-4) took the loss, allowing Stallings' home run in the seventh for a 3-2 Marlins advantage. The Phillies went ahead 1-0 in the bottom of the first when Turner launched a solo homer to left. The Marlins tied the game at 2 in the sixth when Sanchez hit a two-run homer to right-center off Seranthony Dominguez.
Persons: Bryce Harper, Trea Turner, Alec Bohm, Bryson Stott, Jesus Sanchez, Jacob Stallings, Bryan De La Cruz, Eury Perez, David Robertson, Tanner Scott, Cristopher Sanchez, Matt Strahm, Stallings, Cristian Pache flied, Johan Rojas, Kyle Schwarber, Yuli Gurriel, Turner, Harper blooped, Jazz Chisholm, Jon Berti, Sanchez, Seranthony Dominguez, Nick Castellanos, Castellanos Organizations: Philadelphia Phillies, Miami Marlins, Marlins, Phillies, Miami, Philadelphia, Thomson Locations: Philadelphia , Pennsylvania, USA, Philadelphia
Elon Musk foiled an attack on Russia’s Black Sea fleet last year by refusing to let Ukraine use his satellite network to guide its drones, Mr. Musk has acknowledged, provoking a furious response from a top official in Kyiv and renewing questions about the global power wielded by a multibillionaire businessman. But Mr. Musk would not allow the network to be used for an attack last September with maritime drones on the Russian naval base at Sevastopol in Crimea, the Ukrainian territory that Russia illegally seized in 2014 and then annexed. At the time of the attempted attack, Mr. Musk spoke with the Russian ambassador to the United States, Anatoly I. Antonov, who had told him an attack on Crimea “could lead to a nuclear response,” according to a biography of Mr. Musk by the historian and journalist Walter Isaacson. The account was included in an excerpt from the book published on Thursday by The Washington Post. Mr. Musk confirmed elements of the story, writing on his social network X, formerly Twitter, “If I had agreed to their request, then SpaceX would be explicitly complicit in a major act of war and conflict escalation.”
Persons: Elon Musk, Musk, Anatoly I, Antonov, Walter Isaacson Organizations: Mr, SpaceX, Russian, The New York Times, The Washington Locations: Ukraine, Kyiv, Russia, Sevastopol, Crimea, Ukrainian, Russian, United States
The trend continued upward, so much so that by 1999 some universities had admissions policies that explicitly favored men. In doing so, the school managed to maintain a ratio of 45 percent men to 55 percent women. The young women’s lawyers argued that the extra points for men violated both the equal-protection clause and Title IX, which guarantees equal educational opportunities for men and women. But Title IX does not prohibit gender-based affirmative action in admissions at all schools. That Title IX exemption still stands, allowing private colleges and universities to privilege men during the admissions process.
Persons: Katie Lew, Marie Bigham, Pérez, ’ ”, — that’s, , Sourav Guha, , You’d, ’ ” Jason England Organizations: University of Georgia, Georgia, system’s, Regents, Princeton, Trinity College, National Association for College, , Wesleyan University, Carnegie Mellon, Wesleyan
Marko apologises for offensive comments about Perez
  + stars: | 2023-09-08 | by ( Alan Baldwin | ) www.reuters.com   time to read: +4 min
Marko had made his remarks on the energy drink company's television station following last weekend's Italian Grand Prix at Monza. An attempt by Marko to clarify his comments only dug a deeper hole. While Marko attends races in Red Bull Racing uniform, he reports to the energy drink company and is not an employee of the British-based champions. Germany's now-retired Vettel won four for Red Bull from 2010-13. Marko did compliment Perez for finishing second in Italy last weekend, a race that handed Verstappen a record 10th win in a row.
Persons: Marko, Helmut Marko, Sergio Perez's, Red, Dietrich Mateschitz, Checo, Perez, Sebastian, Vettel, Sergio Perez, race.comhad, Marko's, Max Verstappen, Germany's, Red Bull, George Russell, Angelica Medina, Christian Radnedge, Toby Davis Organizations: LONDON, Bull, One, Monza, Red, Red Bull, Mexican, Verstappen, Ferraris, Austrian, Thomson Locations: American, Mexican, Guadalajara, North America, South America, Britain, Mexico, Italy, Mexico City
REUTERS/Johnny Carvajal Acquire Licensing RightsCARACAS, Sept 7 (Reuters) - Before they were arrested and sentenced to 16 years in prison on conspiracy charges, the six Venezuelan activists marched peacefully to call for better salaries for teachers, according to their families and lawyers. The latest moves by Venezuelan authorities demand a coordinated response from other countries, advocates said. He has long accused Venezuela's opposition of seeking to spread chaos. "But obviously I don't have faith in Venezuelan justice," said Oropeza, the wife of activist Bracho. Reporting by Vivian Sequera; Writing by Julia Symmes Cobb; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Oropeza, Alcides, Johnny Carvajal, Nicolas Maduro's, Yorbelis Oropeza, Fionnuala Ni Aolain, Clement Nyaletsossi Voulue, Juan Pappier, Gonzalo Himiob, Hugo Chavez, Venezuela's, Maduro, Javier Tarazona, Tarazona, Roland Carreno, Joel Garcia, Tarazona's, Himiob, Valentina Ballesta, Franks Cabana, Oscar Perez, Ana Leonor Acosta, Xiomara Andara, John Alvarez, Garcia, Bracho, Vivian Sequera, Julia Symmes Cobb, Daniel Wallis Organizations: REUTERS, Rights, Maduro, Judiciary, United Nations, Human Rights, Foro Penal, Amnesty International, Coalition for Human Rights, Democracy, Thomson Locations: Caracas, Venezuela, Rights CARACAS, U.S, they'll, Foro, Russia, China, Colombia, Brazil, Colombian, Venezuelan
MIAMI (AP) — A Florida man who was attempting to cross the Atlantic Ocean in a man-made hamster wheel is facing federal charges after it took the U.S. Coast Guard five days to bring him ashore, according to a criminal complaint filed in Miami. And on Sept. 1, he was brought to the Coast Guard base in Miami Beach. Baluchi attempted a voyage in a similar homemade vessel in 2014, the complaint said. In 2015, he was served a captain of the port order from the Coast Guard that applied to any subsequent voyages. He attempted another voyage in 2021, and the Coast Guard intervened then as well.
Persons: Reza Baluchi, Hurricane Franklin, Baluchi, Michael A, Perez, Campbell, Valiant, Micki Bloom Organizations: MIAMI, U.S . Coast Guard, The Coast Guard, Coast Guard, U.S . Navy, Ordinance, Unit, Associated Press Locations: Florida, Miami, Tybee Island, Georgia, England, Miami Beach
US bankruptcies soared 54% year-over-year in August. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. In effect, they were saying that companies feel pain in times of policy tightening, especially those with weaker balance sheets. In any case, easy money measures have "kept so many zombie companies on life support," in Societe Generale's view. "[T]he recent sharp rise in rates really could cause a shocking rise in bankruptcies, beyond all fears."
Persons: Albert Edwards, Edwards, Ander Perez, Orive, Yannick Timmer, loosens Organizations: Societe Generale, Service, Reserve, Federal Reserve, Generale Locations: Wall, Silicon
Duke students, she thought, seemed more well rounded than students on some other campuses. I think it was me being a little bit naïve.” Other Duke students who identify as F.G.L.I. At Duke — as well as elite colleges that admit more low-income students — their graduation rate tends to be similar to the overall graduation rate. Over the past decade, as other elite colleges paid more attention to low-income students, they wooed some who once might have attended Duke. “Duke students are really oriented to the world,” she said.
Persons: Ben Denzer, Perkins, Duke, ” Juliana Alfonso, DeSouza, , Stephany Perez, Sanchez, University of Chicago —, Pell, Duke Duke, Melinda French Gates, Adam Silver, ” Gary Bennett, Grant, Bates, Brown, Pell Grant, ” Bennett, we’re, Ithaka, Yale Conn, , Juliana Alfonso, Juliana, Duke Rice, Austin U.N.C, , Karen Dong, ” Dong, ” Randi Jennings, Dong, Duke’s F.G.L.I, Duke —, ” Jennings, Randi, Jennings, Alfonso, David M, Rubenstein, “ It’s, ” Alfonso, Colleges don’t, Bennett, Caroline Hoxby, Christopher Avery, Louis, Holden Thorp, ” Thorp, Ron Daniels, Johns Hopkins, ” Daniels, Catharine Bond Hill, Thorp, Hopkins, Michael Bloomberg, Johns, “ Duke Organizations: Duke University, Perkins, Ivy League, Stanford, Massachusetts Institute of Technology, University of Chicago, Harvard, Yale, Princeton, Columbia, Pell Grants, Duke, Pell Grants Harvard, Penn, Cornell, Dartmouth, Brown, Chicago, U.S . News, Colleges, Midwest, California Institute of Technology, Notre Dame, Bucknell, Georgia Tech, Oberlin, Reed, Tufts, Tulane, Wake, Universities, Wall Street Journal, University of California, University of South, College, Princeton N.J, Pomona Calif, Dartmouth N.H, Stanford Calif, Caltech Calif, Amherst Mass, Grinnell Iowa, Claremont McKenna, Vanderbilt, Opportunity, Elite, Spurs, Texas North, Southern Methodist University, Davidson, California Massachusetts, Stanford Harvard, Berkeley UMass Amherst, Amherst College Pomona, University of Texas, parka, Mardi Gras, Daily, West Union, LIFE, Uber, ” Colleges, Washington University, Hopkins, Vassar College, Johns Hopkins, University of Michigan, University of Virginia, University Locations: San Antonio, South Carolina, M.I.T, United States, Durham, N.C, Georgetown, Georgia, California, San Diego, U.C.L.A, University of South Dakota, University of South Florida, America, Middlebury, Northwestern, Pomona, Swarthmore, Harvard, Texas North Carolina, Texas, Canada, Myrtle Beach, Dallas, China, New Orleans, Irish, Camden , N.J, , St, Johns Hopkins, Wash
The US officially announced Wednesday it will send Ukraine depleted-uranium tank ammunition. This powerful ammunition gives Kyiv the capability to not only punch holes in Russian armor, but also do additional damage inside enemy vehicles as the fragments potentially ignite. The Pentagon listed the 120 mm depleted-uranium tank ammunition as part of a $175 security assistance package that was officially revealed on Wednesday. The US is not the first NATO member to send Ukraine depleted-uranium ammunition. The latest US security assistance announcement, which includes the depleted-uranium tank rounds, comes ahead of what is expected to be an imminent delivery of 31 Abrams tanks.
Persons: Biden, Antony Blinken, Nicholas Perez, Thomas Spoehr, Vladimir Putin, Tylon Chapman, John Kirby, Blinken, Volodymyr Zelenskyy Organizations: US, Pentagon, Service, High Mobility Artillery Rocket Systems, Factory, US Air Force National Guard Explosive Ordnance, Technicians, Tooele Army Depot, US Air National Guard, Staff, US Army, 1st Armored Division, NATO, British, Challenger, Armed Forces, National Security, Oryx, British Challenger, Ukrainian Locations: Ukraine, Wall, Silicon, Kyiv, Germany, UT, Washington, Grafenwoehr, Russia, Moscow, United States
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Persons: Dow Jones Locations: americas, texas
Mr. Rivera, 45, initially pleaded not guilty after his extradition from Haiti in February. Mr. Rivera could face a life sentence on four charges of conspiring to kidnap or kill Mr. Moïse. On the night of the assassination, Mr. Rivera led a convoy of vehicles that assaulted the president’s residence, according to an indictment against 11 accused conspirators. Mr. Moïse was shot 12 times at a close distance and died instantly. “It is likely to be the defendants that were on the ground in Haiti on the night of the assassination.”
Persons: Schall, Rivera’s, Rivera, Moïse, Mr, Christian Sanon, Rivera “, , Emmanuel Perez, Antonio Intriago Organizations: Prosecutors, Mr, Colombian, Colombian TV Locations: Haiti, Haitian American, Colombian, Miami
Saudi Arabia's STC Group acquires 9.9% stake in Telefonica
  + stars: | 2023-09-05 | by ( ) www.reuters.com   time to read: +1 min
The logo of Spanish Telecom company Telefonica is seen next to a traffic ligth at its headquarters in Madrid, Spain, May 12, 2021. REUTERS/Sergio Perez/File Photo Acquire Licensing RightsLONDON, Sept 5 (Reuters) - Saudi Arabia's STC Group has amassed a 9.9% stake in Spanish telecoms giant Telefonica (TEF.MC) for 2.1 billion euros ($2.25 billion) in shares and financial instruments, STC said on Tuesday. STC does not intend to acquire majority control of Telefonica, it added in a statement. STC is Saudi Arabia's largest telecoms operator and also owns subsidies and has stakes in companies operating in Kuwait and Bahrain. It is 64% owned by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), the main engine of Crown Prince Mohammed bin Salman's Vision 2030 to wean the economy off its dependence on oil.
Persons: Sergio Perez, Prince Mohammed bin Salman's, Pablo Mayo Cerqueiro, Jonathan Oatis, Richard Chang Organizations: Spanish Telecom, Telefonica, REUTERS, Saudi Arabia's, Saudi, Public Investment Fund, Thomson Locations: Madrid, Spain, Kuwait, Bahrain, Saudi, Europe
CNN —Max Verstappen further cemented his status as the dominant driver of his generation with a historic victory at the Italian Grand Prix, his 10th consecutive race win. No Formula One driver has ever won as many races in a row in a season. The Red Bull driver had matched the previous all-time record of nine, set by Sebastian Vettel 10 years ago, at last weekend’s Dutch Grand Prix. Victory at Monza was Verstappen’s 12th of the year and increases the likelihood of Red Bull becoming the first F1 team to win every race in a season. “I never would’ve believed that that was possible,” the Dutchman said after the race on the ESPN broadcast when asked about the record.
Persons: Max Verstappen, Red Bull, Sebastian Vettel, McLaren, , ” Verstappen, Jennifer Lorenzini, Reuters Verstappen, Ferrari’s Carlos Sainz Jr, Sergio Perez, Sainz Jr, Charles Leclerc, Verstappen, Perez Organizations: CNN, Prix, Monza, ESPN, Reuters, Ferrari, Singapore
Perfect 10 for Verstappen with record win in Italy
  + stars: | 2023-09-03 | by ( Alan Baldwin | ) www.reuters.com   time to read: +4 min
The Dutch driver's victory on a sunny afternoon at Monza's "Temple of Speed" outside Milan was also Red Bull's 15th in succession -- another Formula One record that looks set to continue. Verstappen stretched his lead in the standings over Perez to 145 points with eight rounds remaining. Red Bull lead Mercedes in the constructors' championship by 310 points with Ferrari moving up to third. "Well done mate, you are on your own, that is history," team boss Christian Horner told Verstappen over the radio after he took the chequered flag. "Honestly, I spent the whole race pushing trying to keep the Red Bulls behind.
Persons: Max Verstappen, Claudia Greco, Red Bull, Perez, Red, Sainz, Sergio Perez, Spaniard Carlos Sainz, Verstappen, Bull, Mercedes, Christian Horner, Charles Leclerc, George Russell, Lewis Hamilton, Alex Albon, Williams, McLaren's Lando Norris, Aston Martin's Fernando Alonso, Valtteri, Liam Lawson, Oscar Piastri, German Sebastian Vettel's, Ferrari, Yuki Tsunoda's AlphaTauri, Leclerc, Ferraris, Alan Baldwin, Hugh Lawson, Ed Osmond Organizations: Prix, Autodromo Nazionale Monza, Prix REUTERS, Ferrari, Red, Mercedes, Alfa Romeo, New Zealand, McLaren, Red Bulls, Thomson Locations: Monza, Italy, MONZA, Milan, German, Abu Dhabi, Mexican
Washington, DC CNN —Last week’s economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. It’s hard to say definitively if or when the central bank will hike interest rates again this year. The Fed could hold rates steady for the rest of the year if both the job market and the broader economy continue to slow, helping bring down inflation. Higher for longer means keeping interest rates elevated for a prolonged period. China’s National Bureau of Statistics releases August inflation data.
Persons: hasn’t, ” Leslie Thompson, Thompson, Jerome Powell, Powell, Susan Collins, Powell’s Jackson, there’s, Raphael Bostic, Olesya Dmitracova, ” Patrick Hummel, David Lesne, Juan Perez, Carrascosa, Barnes & Noble Organizations: CNN Business, Bell, DC CNN, Federal, Financial, Spectrum Wealth Management, CNN, Fed, Kansas City, Boston, Yahoo, Finance, Atlanta Fed, Volkswagen, Renault, UBS, French, Swiss, Barnes &, The Reserve Bank of Australia, US Commerce Department, Eagle, Express, P Global, Institute for Supply Management, Bank of Canada, US Labor Department, Kroger, China’s National Bureau of Statistics Locations: Washington, Jackson Hole , Wyoming, Cape Town , South Africa, Europe
It helped — a lot — that by then she had met Soloman Howard. In 2016, Pérez starred as Juliette in “Roméo,” and her colleagues included Howard, a bass-baritone, as the duke. At one point, Santa Fe Opera asked Pérez to tape herself singing “Song to the Moon” from “Rusalka,” and Howard said, “‘We are going to make a video,’” she recalled. She doesn’t really remember that night — “I was out of my body” — but others do. Gelb, who said, “You can’t fake Verdi,” remembered her sounding “absolutely magnificent.” Nézet-Séguin, called it “a performance for the ages.”
Persons: Peter Gelb, , Pérez, “ Simon Boccanegra ”, Soloman Howard, Juliette, , Howard, Ball, ’ ”, Gelb, Verdi Organizations: Met, Vienna, Santa Fe Opera, Goods Locations: Santa Fe, Chicago, Santa,
Sept 1 (Reuters) - Matt Fitzpatrick celebrated his 29th birthday by storming into the lead following the European Masters second round at Crans-sur-Sierre in Switzerland on Friday, boosting his chances of claiming a place in the European Ryder Cup team. The Englishman, who had five of his birdies on the back nine, must finish at least tied seventh with one other golfer to qualify for a Ryder Cup spot via the world points list. A couple of pins that didn't feel like they suited me," said Fitzpatrick, who won the European Masters in 2017 and 2018. Scotland's Robert MacIntyre, who went into the European Masters in the final spot on the European points list, dodged the cut by a shot, but Victor Perez and Rasmus Hojgaard both failed to make it through to the weekend. Rory McIlroy and John Rahm have secured their spots on Team Europe via the European points list with Viktor Hovland and Tyrrell Hatton assured places via the world points list.
Persons: Matt Fitzpatrick, Fitzpatrick, Swede Alexander Bjork, Bjork, Frenchman Romain Langasque, Alex, Yannik Paul of Germany, Adrian Meronk, Scotland's Robert MacIntyre, Victor Perez, Rasmus Hojgaard, Rory McIlroy, John Rahm, Viktor Hovland, Tyrrell Hatton, Luke Donald, Donald, Aadi Nair, Ken Ferris Organizations: European, European Ryder Cup, Former U.S, Ryder, Europe, United, Thomson Locations: Switzerland, United States, Rome, Bengaluru
London CNN —Shares in Europe’s largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their business from Chinese competitors. Volkswagen was down 4.4% in late afternoon trade in Europe and Renault 5.6% lower, while the benchmark STOXX Europe 600 index was flat. China is the biggest single market for Volkswagen but its sales there have been declining in the face of pressure from local competitors. In their note, the UBS analysts highlighted the threat to the carmaker from “highly competitive” Chinese EVs. Volkswagen, Renault and other global players have been teaming up with Chinese companies, too.
Persons: ” Patrick Hummel, David Lesne, Juan Perez, Carrascosa, BYD, Warren Buffett, , , , Geely Organizations: London CNN —, Volkswagen, French, Renault, UBS, Swiss, “ Renault, China Passenger Car Association . Vehicles Locations: Europe, China
MONZA, Italy, Sept 1 (Reuters) - Lewis Hamilton has questioned the strength of Max Verstappen's Formula One team mates compared to those the Briton has partnered over the years. The seven times world champion also told Sky Italy that he was "no more impressed" with the Red Bull driver's achievements than he had been when other champions were winning and dominating. "In my personal opinion, Valtteri and all of my team mates have been stronger than the team mates that Max has had. Hamilton was beaten by 2009 world champion Button in 2011, by Rosberg in 2016 when the German took the title and by Russell in 2022. None of Verstappen's team mates have been world champions.
Persons: Lewis Hamilton, Max Verstappen's, Max, Sergio, Perez, Jenson, Button, Fernando, Alonso, George, Russell, Nico, Rosberg, I’ve, Toro Rosso, Carlos Sainz, Verstappen, Red Bull, Daniel Ricciardo, Pierre Gasly, Alex Albon, Ricciardo, Hamilton, Heikki Kovalainen, Finn Bottas, Alan Baldwin, Ken Ferris Organizations: MONZA, Briton, Sky, Monza, Ferrari, Thomson Locations: Italy, Sky Italy, Valtteri
Sainz fastest for Ferrari on his birthday at Monza
  + stars: | 2023-09-01 | by ( Alan Baldwin | ) www.reuters.com   time to read: +3 min
SummaryCompanies Verstappen fastest in first session, Sainz top overallFerrari's Sainz celebrating 29th birthdayPerez brings out red flags at ParabolicaVerstappen chasing record 10th win in a rowMONZA, Italy, Sept 1 (Reuters) - Ferrari's Carlos Sainz celebrated his 29th birthday and kept the home crowd happy with the fastest lap in practice for the Italian Grand Prix on Friday after Formula One leader Max Verstappen set the early pace. The Spaniard lapped Monza's 'Temple of Speed' with a best time of one minute 21.355 seconds with McLaren's Lando Norris second and 0.019 slower in a second session that was twice red-flagged. Red Bull's Verstappen was top of the first session, in 1:22.657, ahead of a weekend that could secure him a record 10th win in a row. Sainz was second fastest in that opening practice. Red Bull, Ferrari and Mercedes used only hard tyres during the opening session.
Persons: Sainz, Ferrari's Sainz, Perez, Verstappen, Ferrari's Carlos Sainz, Max Verstappen, McLaren's Lando Norris, Bull's Verstappen, Gianpiero Lambiase, Sergio Perez, Ferrari's Charles Leclerc, McLaren's Oscar Piastri, Leclerc, Sebastian Vettel, Red Bull, Lewis Hamilton, It's, we've, Mercedes, Andrew Shovlin, Bull, Russell, Liam Lawson, Daniel Ricciardo, Felipe Drugovich, Lance, Aston Martin, Alan Baldwin, Toby Davis, Ken Ferris Organizations: Speed, Monza, Briton, Mercedes, Ferrari, New, Aston, Ascari, Thomson Locations: MONZA, Italy
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