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☆ NHL roundup: Auston Matthews’ 2nd straight hat trick lifts Leafs
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +9 min

/ Dan Hamilton-USA TODAY Sports Acquire Licensing RightsOctober 15 - Auston Matthews scored three goals for the second straight game and the Toronto Maple Leafs defeated the visiting Minnesota Wild 7-4 on Saturday night. William Nylander added two goals and an assist for the Maple Leafs, who have won their first two games of the season. Senators 5, Flyers 2Jakob Chychrun had two goals and one assist, Brady Tkachuk scored twice and host Ottawa defeated Philadelphia. Jenner got his second career hat trick by scoring three times in a span bridging the first and second periods. 1 overall pick by Chicago in the 2023 NHL Draft, assisted on Johnson's second goal, giving him a goal and two assists in his first three NHL games.

Persons: Auston Matthews, Tyler Bertuzzi, Dan Hamilton, William Nylander, Calle Jarnkrok, Mitchell Marner, Morgan Rielly, John Tavares, Ryan Hartman, Matt Boldy, Marco Rossi, Brandon Duhaime, Ilya Samsonov, Filip Gustavsson, Jakob Chychrun, Brady Tkachuk, Jake Sanderson, Vladimir Tarasenko, Claude Giroux, Anton Forsberg, Travis Konecny, Cam York, Carter Hart ., Chandler Stephenson, Hill, Greg Cronin's, Jack Eichel, Shea Theodore, Jonas Rondbjerg, Mason McTavish, John Gibson, Cronin, Dallas Eakins, Gibson, Kyle Connor, Mark Scheifele, Mason Appleton, Jets netminder Connor Hellebuyck, Winnipeg's, Evan Rodrigues, Sam Reinhart, Sergei Bobrovsky, James van Riemsdyk's, Nashville . van Riemsdyk, Charlie McAvoy's, David Pastrnak, Brad Marchand, Boone Jenner, Jenner, Erik Gustafsson, Will Cuylle, Chris Kreider, Filip Chytil, Mika Zibanejad, Alex DeBrincat, Compher, Moritz Seider, DeBrincat, Dylan Larkin, Steven Stamkos, Victor Hedman, Sean Monahan, Cole Caufield, Tanner Pearson, Sam Montembeault, Tyler Johnson, Petr Mrazek, Connor Bedard, Bryan Rust, Jake Guentzel, Evgeni Malkin, Reilly Smith, Kris Letang, Matt Coronato, Jonathan Huberdeau, Jacob Markstrom, Nils Hoglander, Sam Lafferty, Casey DeSmith, Andrei Kuzmenko, Jack Studnicka, Elias Pettersson, backstop, Ryan Nugent, Hopkins, Leon Draisaitl, Connor McDavid, Stuart Skinner, Jordan Binnington, Louis, Jordan Kyrou, Robert Thomas, Binnington, Vince Dunn's, Adam Larsson, Jaden Schwartz, Joey Daccord, Casey Cizikas, Brock Nelson, Kyle Palmieri, Ilya Sorokin, Jordan Greenway, Casey Mittelstadt, Devon Levi, Jordan Martinook, Brent Burns, Aho, Jesperi Kotkaniemi, Brendan Lemieux, Teuvo Teravainen, Anze Kopitar, Drew Doughty, Moore, Vladislav Gavrikov, Kevin Fiala, Cale Makar, Mikko Rantanen, Alexandar Georgiev, Mackenzie Blackwood, Thomas Bordeleau Organizations: CAN, Toronto Maple Leafs, Minnesota Wild, Scotiabank Arena, Maple Leafs, Toronto, Minnesota, Senators, Flyers, Ottawa, Philadelphia, Carter Hart . Golden Knights, Ducks, Greg Cronin's NHL, Anaheim, Vegas, Golden Knights, Jets, Panthers, Winnipeg, Florida, Bruins, Boston, Nashville ., Blue Jackets, Rangers, Columbus, Boston Bruins, Wings, Detroit, Tampa, Red Wings, Lightning, Canadiens, Blackhawks, Montreal, Chicago, NHL, Penguins, Flames, Pittsburgh, Calgary, Canucks, Oilers, Seattle, Blues, Islanders, Sabres, New, Hurricanes, Carolina, Los Angeles Kings, Kings, Los, Avalanche, Sharks, Colorado, San Jose, San, Thomson Locations: Toronto , Ontario, Las Vegas, Florida, New York, York, Tampa Bay, Calgary, Vancouver, Elmont, squandering, Los Angeles, San, San Jose

TORONTO (AP) — Auston Matthews registered his second hat trick in two games to open the season, and the Toronto Maple Leafs beat the Minnesota Wild 7-4 on Saturday night. Coming off his eighth career hat trick in the opener, Matthews made it 2-1 at 12:35 on a 4-on-3 power play. Matthews' shot from a sharp angle went in off a Minnesota stick for his fifth goal in four periods. Reaves, who played 61 games with the Wild last season, also fought Montreal defenseman Arber Xhekaj on Wednesday. FAMILIAR FACESLeafs rookie Matthew Knies faced Wild counterpart and University of Minnesota teammate Brock Faber for the first time in the NHL.

Persons: — Auston Matthews, William Nylander, Ilya Samsonov, Calle Jarnkrok, Tyler Bertuzzi, Mitch Marner, Morgan Rielly, Matthews, Alex Ovechkin, Cy Denneny, Joe Malone, Reg Noble, Matt Boldy, Ryan Hartman, Marco Rossi, Brandon Duhaime, Filip Gustavsson, Hartman, Samsonov, Nylander, Gustavsson, Bertuzzi, Boldy, Rossi, Jarnkrok, Ryan Reaves, Marcus Foligno, Frederick Gaudreau, Reaves, Arber Xhekaj, Matthew Knies, Brock Faber, ” Knies, “, ___ Organizations: TORONTO, Toronto Maple Leafs, Minnesota, Toronto, Montreal, NHL, Florida, Leafs, BELL Toronto, University of Minnesota, “, Chicago Blackhawks, Montreal Canadiens Locations: Toronto, Minnesota, Rielly

☆ Italy's deficit hikes could threaten its credit rating - Scope
▼ + stars: | 2023-10-06 | by ( Sara Rossi | ) www.reuters.com time to read: +3 min

The eligibility of Italian securities under the ECB's TPI "is a key driver of its BBB+/Stable credit rating," Scope said. It will review its rating of Italy's debt on Dec. 1. More specifically, countries must respect the EU's economic prescriptions, have a sustainable public debt, and not show any macroeconomic imbalances. RATING AGENCIES' TESTBefore Scope assesses Italy's rating in December, the country faces scrutiny from several larger agencies. From mid-October to mid-November, S&P Global, DBRS, Fitch and Moody's all have the euro zone's third largest economy up for review in what analysts say will be key tests for the stability of Italian bond yields.

Persons: Giorgia, Christine Lagarde, DBRS, Fitch, Sara Rossi, Gavin Jones, Andrew Heavens Organizations: MILAN, Central, Reuters, ECB, P, Italian Treasury, European Union, TPI, European, Thomson Locations: Italy, Italian, Rome

LONDON (AP) — Scottish authorities have signed an extradition order for an American fugitive accused of faking his own death to avoid a rape charge in Utah. In response to a freedom of information request, the Scottish government on Thursday said an extradition order for the man local officials refer to as Nicholas Rossi had been signed on Sept. 28. U.S. authorities said Rossi is one of several aliases the 36-year-old has used and that his legal name is Nicholas Alahverdian. Political Cartoons View All 1199 ImagesAlahverdian is charged with sexually assaulting a former girlfriend in Orem, Utah, in 2008, according to the Utah County prosecutor’s office. The office said it found complaints alleging Alahverdian abused and threatened women in other states.

Persons: Nicholas Rossi, Rossi, Arthur Knight, Norman McFadyen, Nicholas Alahverdian, Alahverdian Organizations: — Scottish, Scottish, Edinburgh Sheriff Court, Rossi . U.S, Utah County Locations: Utah, United States, Glasgow, Irish, Edinburgh, Rossi ., Orem , Utah, Rhode Island

☆ Italy pins hopes on new retail bond issue, following deficit hike
▼ + stars: | 2023-10-02 | by ( Sara Rossi | ) www.reuters.com time to read: +2 min

MILAN, Oct 2 (Reuters) - Italy will launch its second BTP Valore bond reserved for retail investors on Monday as it seeks to boost domestic holdings of its debt. The Treasury attracted more than 18 billion euros in June for its debut "BTP Valore" issue, setting a fresh record for Italian retail bonds. According to several market sources, the new 5-year note -offering a 0.5% loyalty bonus - will attract orders worth around 10 billion euros ($10.56 billion). On Friday, the Italian 5-yr BTP bond yield stood at around 4.2% . Last month, Belgium raised a record 21.9 billion euros with a similar issue designed to compete with bank deposits.

Persons: J.P, Morgan, Antonio Cesarano, Giorgia Meloni, Sara Rossi, Gavin Jones Organizations: MILAN, Treasury, Global, Thomson Locations: Italy, Rome, Belgium

In its issuance programme for the fourth quarter released late on Friday the Treasury raised its estimate for gross debt issuance this year to 333 billion euros ($351.95 billion). That compared with its forecast of 310-320 billion euros made at the start of the year. Germany reduced its needs in the fourth quarter by 31 billion euros ($32.59 billion). The Treasury has so far covered around 80% of its 2023 gross funding needs, it estimated on Friday. For the fourth quarter, the Treasury estimated gross issuance of medium and long-term bonds at around 60 billion euros, with issuance net of redemptions seen at a negative 12 billion euros over the same period.

Persons: JP Morgan, Analysts, Italy –, Giorgia Meloni, Giuseppe Fonte, Gavin Jones Organizations: European Union, Treasury, European Commission, Thomson Locations: Italy, Rome, MILAN, ROME, Germany, Portugal, France, London

The Treasury will issue new economic targets on Wednesday providing the framework for a budget in which Meloni will attempt to keep her tax-cutting promises while also lowering the fiscal deficit. "This budget is Meloni's first real economic test since she came to power last October," said Tim Jones, euro zone analyst for market consultancy firm Medley Advisors. Meloni has much less room for manoeuvre than when she hiked deficit targets in her first budget a year ago. Episodes targeting airlines and investors in Italy's 307- billion-euro ($326.74 billion) bad loan market have followed a similar pattern. Meloni subsequently said no measures were planned regarding non-performing loans, but her party's proposal is still before parliament and uncertainty persists.

Persons: Giorgia Meloni, Meloni, Tim Jones, she's, Morgan Stanley, Reuters.G Rome, Roberto Perotti, Meloni's, Valentina Za, Francesco Canepa, Giuseppe Fonte, Sara Rossi, Gianluca Semeraro, Ed Osmond, Giselda Organizations: Treasury, Advisors, European Central Bank, Reuters, Ryanair, Milan's, Bank of, ECB, Thomson Locations: ROME, Italy, Greece, Rome, Italian, Italy's, Brussels, EU, Milan

MONTEREY, Calif. (AP) — By the time Scott Dixon turned his season around, it was too late to beat teammate Alex Palou for the IndyCar championship. Palou became the first driver in nearly 20 years to clinch the IndyCar title before the season finale with his victory last weekend in Portland. Palou won his second title in three years with last week's win, his fifth of the season. “It's a credit to the team, they've been executing like that all season,” Dixon said. We won.”Ganassi became the first team owner to win the championship and top rookie honors in the same season.

Persons: Scott Dixon, Alex Palou, “ It’s, ”, Dixon, Palou, Chip Ganassi, ” Dixon, Alex, ” Dixon's, AJ Foyt's, Scott McLaughlin, Will, Callum Ilott, Christian Lundgaard, Rahal Letterman Lanigan, Alexander Rossi, Arrow McLaren, Marcus Armstrong, Pato O'Ward, McLaren, Ryan Hunter, Reay, Ed Carpenter Racing, they've, ” Ganassi, Armstrong, Colton Herta, Helio Castroneves, Bryan, Herta, he'd, Josef Newgarden Organizations: IndyCar, Laguna Seca, Team Penske, Will Power, Juncos Hollinger Racing, Ganassi, Laguna, Andretti Global, Chevrolet, Indianapolis, Honda, Palou Locations: MONTEREY, Calif, California, Portland, New Zealand, Laguna Seca

☆ Martin wins San Marino GP as rivals chip away at Bagnai's championship lead
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +3 min

Martin took the chequered flag 1.445 seconds ahead of VR46 Racing's Bezzecchi to claim his third sprint win of the season. World champion Bagnaia finished third. Bagnaia is top of the riders' standings with 267 points, with Martin (222) in second and Bezzecchi (196) in third. Martin's sprint win reduced the gap to Bagnaia by five points, while Bezzechi's second-placed finish saw him reduce the deficit by two. After Bezzecchi recovered from a slow start to leapfrog Bagnaia, Martin was given more of a challenge, though the Spaniard proved triumphant.

Persons: Pramac Racing's Jorge Martin, Lisi Niesner, Marco Bezzecchi, Francesco Bagnaia, Martin, Bezzecchi, Bagnaia, Marco, Spaniard Martin, leapfrog Bagnaia, Dani Pedrosa, I'm, Jorge, Aleix Espargaro, Luca Marini, Valentino Rossi, Yamaha's Fabio Quartararo, Marc Marquez, Aadi Nair, Pritha Sarkar Organizations: San Marino, San Marino Grand Prix, Ducati, Catalunya, Thomson Locations: Ernstthal, Germany, San Marino Grand, Misano Adriatico, VR46, Misano, Modena, India, Japan, Bengaluru

☆ Basta! Let Italians play Italians in movies, actor says
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

[1/4] The 80th Venice Film Festival - Photocall for the film "Comandante" in competition - Venice, Italy August 30, 2023. Director Edoardo De Angelis and cast members Johan Heldenbergh, Silvia D'Amico, Pierfrancesco Favino, Massimiliano Rossi pose. REUTERS/Yara Nardi Acquire Licensing RightsVENICE, Aug 30 (Reuters) - One of Italy's most famous actors, Pierfrancesco Favino, on Wednesday said Italian actors should be given a chance to play Italian roles in big international movies. Other Italian roles were taken by Lady Gaga, Jared Leto, Jeremy Irons, Salma Hayek and Al Pacino. "I wish Italian actors ... were more present in international movies where Italian characters are written," said Favino, who was promoting his new Italian-language film "Comandante," which opens the Venice Festival on Wednesday.

Persons: Edoardo De Angelis, Johan Heldenbergh, Silvia D'Amico, Pierfrancesco Favino, Massimiliano Rossi, Yara, Pierfrancesco, Ferrari, Adam Driver, carmaker Enzo Ferrari, Spain's Penelope Cruz, Driver, Maurizio Gucci, Ridley Scott's, Gucci, Lady Gaga, Jared Leto, Jeremy Irons, Salma Hayek, Al Pacino, Favino, Crispian Balmer, Mark Porter Organizations: REUTERS, Venice Film, Venice Festival, Thomson Locations: Venice, Italy, Ridley, Italian

☆ Italy's MPS sees 2023 profit above 1 billion euros after tenfold rise
▼ + stars: | 2023-08-04 | by ( Valentina Za | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Monte dei Paschi di Siena bank is seen in a bank entrance in Rome, Italy August 16, 2018. Like peers, Monte dei Paschi (MPS) reaped the benefits of higher rates which have allowed banks to charge more for loans while what they pay out on deposits lags. To fund the voluntary staff exits by sending people into early retirement, Lovaglio oversaw a 2.5 billion euro ($2.7 billion) capital raise in tough markets last November. Shares in MPS traded 3.5% higher by late morning at 2.568 euros each. Core revenues jumped 10% on a quarterly basis to 941 million euros, leapfrogging expectations, with net interest income nearly doubling from last year and up 15% from the first quarter.

Persons: Max Rossi, Siena, Monte, Luigi Lovaglio, Lovaglio, Andrea Orcel, Valentina Za, Alvise Armellini, Keith Weir Organizations: REUTERS, STATE, MPS, Bankers, Thomson Locations: dei, Siena, Rome, Italy, MILAN

☆ Nicholas Rossi: Scottish court rules rape suspect accused of faking own death can be extradited to US
▼ + stars: | 2023-08-02 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +2 min

CNN —A Scottish court ruled Wednesday that a rape suspect who has been accused of faking his own death can be extradited to the US to face charges, according to UK news agency PA Media. On Wednesday, Sheriff Norman McFadyen told Edinburgh Sheriff Court that Rossi’s extradition “would be compatible with the Convention rights within the meaning of the Human Rights Act 1998,” PA Media reported. McFadyen told the court that he will next send Rossi’s case to Scottish ministers “for their decision whether he is to be extradited,” according to PA Media. Rossi’s lawyer Mungo Bovey had asserted in his closing speech that Rossi’s extradition to the US would serve as a “flagrant breach” of his human rights. Public prosecutor Alan Cameron countered this claim, telling the court there was no evidence that Rossi suffered any conditions that would hinder his extradition, according to PA Media.

Persons: CNN —, Nicholas Rossi, Sheriff Norman McFadyen, McFadyen, “, Rossi, Arthur Knight, Barbara Mundweil, Rossi’s, Mungo Bovey, Alan Cameron Organizations: CNN, PA Media, Sheriff, Edinburgh Sheriff Court, ”, Media, Edinburgh

☆ American Fugitive Who Faked His Death Can Be Extradited, Scottish Court Rules
▼ + stars: | 2023-08-02 | by ( Amanda Holpuch | More About Amanda Holpuch | ) www.nytimes.com time to read: +1 min

Nicholas Rossi, a convicted sex offender who faked his own death and later surfaced in Glasgow, can be extradited to the United States from Scotland to face sexual assault charges in Utah, a court ruled on Wednesday. Mr. Rossi, 36, traveled from the United States to Ireland or Britain in 2017, leaving behind allegations of rape and domestic violence, according to the decision by Sheriff Norman McFadyen in Edinburgh Sheriff Court. Mr. Rossi has used several aliases over the years, including Nicholas Alahverdian, the name he was using when he faked his death in Rhode Island in 2020. He identified himself as Arthur Knight, an Irishman who had never been to the United States, during court hearings in Scotland after his arrest there in December 2021. Sheriff McFadyen said in his 21-page decision that the evidence Mr. Rossi provided about himself in his defense could not be trusted unless it was independently supported.

Persons: Nicholas Rossi, Mr, Rossi, Sheriff Norman McFadyen, Nicholas Alahverdian, Arthur Knight, Sheriff McFadyen Organizations: Sheriff, Edinburgh Sheriff Court Locations: Glasgow, United States, Scotland, Utah, Ireland, Britain, Edinburgh Sheriff, Rhode Island

☆ Szafnauer to exit misfiring Alpine, Fry joins Williams
▼ + stars: | 2023-07-28 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

SummaryCompanies Famin to replace Szafnauer as interim Alpine principalTop engineers Permane and Fry also leavingShakeup follows departure of Alpine CEO RossiFry moving to WilliamsSPA-FRANCORCHAMPS, Belgium, July 28 (Reuters) - Otmar Szafnauer will leave Renault-owned Alpine after Sunday's Belgian Grand Prix with Bruno Famin appointed interim principal on another day of upheaval that exposed rifts within the misfiring Formula One team. Alpine Academy director Julian Rouse was named as Permane's interim replacement while Matt Harman leads the technical team at Enstone. Rossi warned in May he would make changes if performances did not improve, and said the buck stopped with Szafnauer. Williams said Fry, who has had senior roles at both McLaren and Ferrari, will start work on Nov. 1. "His knowledge and experience will further strengthen the team's technical capabilities and pursuit of excellence as we build the next chapter of Williams," said principal James Vowles.

Persons: Szafnauer, Permane, Fry, Shakeup, Rossi Fry, Bruno Famin, Alan Permane, Pat Fry, Williams, Julian Rouse, Matt Harman, Aston Martin, Famin, Oscar Piastri, Fernando Alonso, Laurent Rossi, Rossi, it's, James Vowles, Pat, Alan Baldwin, Andrew Cawthorne, Christian Radnedge, Pritha Organizations: Alpine, SPA, Renault, Belgian, Prix, Alpine Academy, Aston, McLaren, Formula, Ferrari, Thomson Locations: Belgium

☆ Aston Martin Wants to Win and to Sell Cars, Too
▼ + stars: | 2023-07-28 | by ( Lawrence Ulrich | ) www.nytimes.com time to read: +1 min

Auto racing has helped sell products from Budweiser to Viagra, motor oil to Martini & Rossi, and seemingly every gasoline and cigarette brand. Now, with Formula 1 making huge inroads in the United States — supercharged by the hit Netflix documentary series “Drive to Survive” — we’ll see if it can sell Aston Martins. A “Drive to Survive” camera crew trailed behind Stroll, whose son, Lance, drives one of the team’s cars that are punching above their weight. The next trick for his father is to reverse the brand’s serially shaky fortunes and get out of Ferrari’s shadow with wealthy buyers. Outside the fancy showroom, framed by one of the largest plate-glass windows in New York City, passers-by wear out smartphones taking photos of a Valkyrie AMR Pro inside, a goblin-green alien at rest.

Persons: Rossi, Lawrence, Aston Martin Organizations: Budweiser, Martini, Formula, Netflix, Aston Martins, Aston, Aston Martin Formula, AMR Locations: United States, Manhattan, York, New York City

☆ What’s Happening in Giorgia Meloni’s Italy Is Scary - The New York Times
▼ + stars: | 2023-07-27 | by ( David Broder | ) www.nytimes.com time to read: +4 min

In recent weeks, Ms. Meloni spearheaded a European Union deal with Tunisia, whose authoritarian regime promotes the great replacement conspiracy theory, to curb migration in exchange for financial support. The new director general, Giampaolo Rossi, is a pro-Meloni hard-liner who previously distinguished himself as an organizer of an annual Brothers of Italy festival. Burying the antifascist legacy of the wartime Resistance matters deeply to the Brothers of Italy, a party rooted in its fascist forefathers’ great defeat in 1945. No matter its novelty, Ms. Meloni’s administration has every chance of imposing enduring changes in the political order. Instead, in galvanizing the political right behind a resentful identity politics, it risks becoming something else entirely: Europe’s future.

Persons: Ms, Meloni’s, ”, — Ms, Meloni, Giampaolo Rossi, ’, It’s, Éric, Democrats ’ Organizations: Union, Amnesty, RAI, “, Brothers, Conservatives, Democrats Locations: Italy, Tunisia, Libya, of Italy, Britain, Germany

☆ Rental Cars Are the New Airbnb
▼ + stars: | 2023-07-22 | by ( Ben Eisen | Photographs Scott Rossi For The Wall Street Journal | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Do-It-Yourselfers Get Into Rental Cars
▼ + stars: | 2023-07-22 | by ( Ben Eisen | Photographs Scott Rossi For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Argentina's cabinet chief says harvest should bring economic relief
▼ + stars: | 2023-07-21 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

[1/2] Argentina's Cabinet Chief and vice presidential pre-candidate Agustin Rossi gestures in his office during an interview with Reuters, at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina July 21, 2023. REUTERS/Agustin MarcarianBUENOS AIRES, July 21 (Reuters) - Argentina's financial crisis, which has been marked by exchange rate volatility and soaring inflation, should start abating in November and December, with large foreign currency inflows from the wheat harvest, cabinet chief Agustin Rossi told Reuters on Friday. Argentina's prolonged financial crisis has been aggravated by a ferocious drought that reduced crucial agricultural exports by an estimated $20 billion this year. "(Inflation) does not go down with abrupt devaluation... We do not believe that this is necessary in Argentina," Rossi said. "We are optimistic, we believe that we will find a way," Rossi said of the IMF talks.

Persons: Agustin Rossi, Agustin Marcarian, " Rossi, Nestor Kirchner, Rossi, Sergio Massa, Alberto Fernandez, Nicolás Misculin, Alexander Villegas, Rosalba O'Brien Organizations: Argentina's, Reuters, Casa, REUTERS, Peronist, International Monetary Fund, IMF, Thomson Locations: Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, Vaca

☆ Italian banks see deposits plunge, credit to firms at 8-year low
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +1 min

MILAN, July 11 (Reuters) - Italian savers shifted 20 billion euros ($22.02 billion) out of deposits with domestic banks in May, while lenders continued to shrink credit to businesses and stepped up bond sales, Bank of Italy data showed on Tuesday. Italian lenders increased their bond issuance by 13.2% in May from a year earlier after a 9.4% rise in April while residents' deposits with domestic banks fell 4.3% after a 3.4% decline in April. On a monthly basis, deposits in euros fell by 20 billion euros to 2,614.3 billion euros in May from April, touching the lowest level in nearly two-and-a-half years. Domestic lenders' credit to businesses fell 3.2% year-on-year in May, the lowest level since February 2015, from a 2.3% drop in April. The central bank data also showed gross unpaid loans were broadly flat at 30.24 billion euros in May, from 30.12 billion euros a month earlier.

Persons: Sara Rossi, Gavin Jones Organizations: MILAN, Italian savers, Bank of Italy, European Central, Thomson Locations: Italian

☆ The 21 new cardinals named by Pope Francis on Sunday
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +2 min

VATICAN CITY, July 9 (Reuters) - Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals:Cardinal Electors under 801 - Archbishop Robert Prevost, American, Vatican official, head of the Dicastery for Bishops2 - Archbishop Claudio Gugerotti, Italian, Vatican official, head of the Dicastery for the Eastern Churches3 - Archbishop Víctor Fernández, Argentine, Vatican official, head of the Dicastery for the Doctrine of the Faith4 - Archbishop Emil Tscherrig, Swiss, Vatican ambassador to Italy5 - Archbishop Christophe Pierre, French, Vatican ambassador to the United States6 - Archbishop Pierbattista Pizzaballa, Italian, Latin Patriarch of Jerusalem7 - Archbishop Stephen Brislin, South African, Archbishop of Cape Town8 - Archbishop Ángel Rossi, Argentine, Archbishop of Córdoba9 - Archbishop Luis Aparicio, Colombian, Archbishop of Bogotá10 - Archbishop Grzegorz Ryś, Polish, Archbishop of Lodz11 - Archbishop Stephen Mulla, Sudanese, Archbishop of Juba, South Sudan12 - Archbishop José Cano, Spanish, Archbishop of Madrid13 - Archbishop Protase Rugambwa, Tanzanian, Archbishop of Tabora14 - Bishop Sebastian Francis, Malaysian, Bishop of Penang15 - Bishop Stephen Chow Sau-Yan, Bishop of Hong Kong16 - Archbishop François-Xavier Bustillo, Spanish-French, Bishop of Ajaccio, Corsica. 17 - Bishop Américo Alves Aguiar, Portuguese, Auxiliary Bishop of Lisbon18 - Father Ángel Fernández Artime, Spanish, head of the Salesian orderOver 80 and not eligible to enter a conclave19 - Archbishop Agostino Marchetto, Italian, former Vatican diplomat20 - Archbishop Diego Padrón Sánchez, Venezuelan, Archbishop Emeritus of Cumaná. 21- Father Luis Dri, Argentine priestReporting by Philip Pulella and Federico Maccioni; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Pope Francis, Cardinal, Robert Prevost, Claudio Gugerotti, Víctor Fernández, Emil Tscherrig, Christophe Pierre, Pierbattista Pizzaballa, Stephen Brislin, Ángel Rossi, Luis Aparicio, Grzegorz Ryś, Stephen Mulla, of, José Cano, Protase Rugambwa, Bishop Sebastian Francis, Bishop Stephen Chow Sau, Bishop, François, Xavier Bustillo, Bishop of, Bishop Américo Alves Aguiar, Ángel Fernández, Agostino Marchetto, Diego Padrón Sánchez, Luis Dri, Philip Pulella, Federico Maccioni, Alexander Smith Organizations: CITY, Cardinal Electors, Vatican, Bishops, Cape, Argentine, Salesian, Cumaná, Thomson Locations: Argentine, Italy, Vatican, United States, Jerusalem, South, Córdoba, Bogotá, Lodz, of Juba, South Sudan, Madrid, Tabora, Bishop, Penang, Hong Kong, Spanish, Bishop of Ajaccio, Corsica, Portuguese, Lisbon

☆ Where 9-Year-Olds Do 60 M.P.H.
▼ + stars: | 2023-07-06 | by ( Scott Rossi | Maria Jimenez Moya | ) www.nytimes.com time to read: +1 min

As mechanics tinkered with vehicles, drivers talked strategy with their coaches and tried to memorize the curves of the racetrack at the Speedsportz Racing Park outside Houston. “I imagine it in my brain,” said Mikey Collins as he waited for his heat to start on the last weekend in April. “I envision it and try to do laps.”Mikey isn’t a professional racecar driver, yet — he’s only 9. But for lots of kids who dream of racing professionally, this is where it all starts: steering go-karts around a twisting track at 60 to 70 miles an hour, flying just inches over the ground. Like lots of drivers, Mikey started young, when he was just 5, on his local track in Orlando, Fla.

Persons: “, ”, Mikey Collins, ” Mikey isn’t, Mikey Organizations: Texas, Prix, ” Locations: Houston, Orlando, Fla, Texas

"It's all about containing those kinds of capabilities from the north," retired U.S. Major General Gordon B. Davis Jr. told Reuters. "With five submarines we can close the Baltic Sea," Linden told Reuters. The region from the Baltic in the south to the high north may become almost an integrated operating area for NATO. It was first shipped from Germany across the Baltic Sea, then trucked nearly 900 km to the north. "It would make it very difficult for the Russian Baltic Sea fleet to operate in a free way," he said.

Persons: Mika Hakkarainen, Finland –, Major General Gordon B, Davis Jr, Fredrik Linden, Sweden's, Linden, Samu Paukkunen, Paukkunen, Sebastian Bruns, Michael Maus, Kurt Rossi, Rossi, Tuomo Lamberg, Bruns, Nick Childs, Anne Kauranen, Johan Ahlander, Jacob Gronholt, Sabine Siebold, Sara Ledwith Organizations: NATO, Reuters, Fleet, Finnish Institute of International Affairs, Major, Analysts, Northern Fleet, Kiel University's Institute for Security, NATO's, Transformation, Field Artillery, U.S . Army, Baltic, Commission, Security, Cooperation, Naval Forces and Maritime Security, International Institute for Strategic Studies, Fouche, Pedersen, Thomson Locations: TORNIO, Finland, KARLSKRONA, Sweden, Norway, Russia, Stockholm, Ukraine, Moscow, Europe, RUSSIA, Russian, Murmansk, Kola, Barents, North America, Greenland, Iceland, Helsinki, Baltic, Nord, Russia's, Denmark, Kiel, Rovaniemi, Santa Claus, United States, Britain, Germany, –, St, Petersburg, Kaliningrad, Sweco, Swedish, Gotland, Karlskrona, Oeland, London, Birmingham, Tornio, Oslo, Copenhagen, Brussels

☆ H&M shares jump 11% as summer collection boosts profit
▼ + stars: | 2023-06-29 | by ( ) www.cnbc.com time to read: +3 min

Sales from June 1-27 were up 10% from a year earlier, a good sign for the start of H&M's third quarter. The womenswear collection drove the boost in sales, Helmersson told a news conference. Shares in the world's second-biggest fashion retailer jumped 11% to hit their highest level since February 2022. The stronger-than-expected profit and inventory position helped investors digest a weaker margin of 8.2% for the second quarter, down from 9.2% a year earlier. H&M last year announced layoffs and other cost cuts that it said would help it reduce costs from the second half of 2023 onwards.

Persons: Helmersson, Helena Helmersson, Inditex, Cedric Rossi, Bryan Garnier, Rossi Organizations: Oxford Locations: London, Europe, Zara, Paris, Swedish

☆ Rossi sees Reynolds' winning touch boosting Alpine
▼ + stars: | 2023-06-27 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

ENSTONE, England, June 27 (Reuters) - Renault-owned Alpine believe Hollywood actor Ryan Reynolds has the Midas Touch to help get the team back to the top in Formula One. "Most of you were probably expecting Ryan Reynolds," Otro Capital founder and partner Alec Scheiner jokingly told analysts at Alpine's Enstone factory for a strategy presentation. Alpine chief executive Laurent Rossi pointed to Reynolds' track record in business. Rossi said the investors, who have paid 200 million euros ($218.88 million), would develop revenues through merchandising, licensing and hospitality. The deal values Alpine Racing at around $900 million and Rossi said the numbers were only going up.

Persons: Ryan Reynolds, Reynolds, Rob McElhenney, Alec Scheiner, Laurent Rossi, Rossi, Otro, Goldman Sachs, Gerry Cardinale, RedBird, Scheiner, Luca de Meo, Alan Baldwin, Christian Radnedge Organizations: Renault, Formula, Wrexham soccer, Otro Capital, RedBird Capital Partners, Aviation, Mobile US, Ka'ena Corp, Mint Mobile, Diageo, Gin, Wrexham, English Football League, RedBird, Fenway Sports Group, Premier League, Liverpool, Boston Red Sox baseball, Toulouse, Milan, Liberty Media, Thomson Locations: ENSTONE, England, Wrexham, RedBird, Americas, Las Vegas, U.S

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