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[1/9] People cast their votes during the Dutch parliamentary elections in Amsterdam, Netherlands, November 22 2023. Only one thing is certain: the Netherlands will get its first new prime minister in over a decade, after Rutte resigned in July as his fourth coalition government collapsed, ending a 13-year tenure. Restricting immigration - the issue that triggered the collapse of Rutte's last cabinet - has been a key issue in the campaign. Justice Minister Dilan Yesilgoz, a Turkish immigrant tough on immigration and Rutte's successor at the helm of the VVD, who is hoping to become the country's first woman prime minister, responded:"I don't think anyone believes Wilders would be a prime minister for all. The party that wins the most seats traditionally takes a lead in negotiations and provides the prime minister, but even that is not guaranteed under the Dutch system.
Persons: de Wouw, Geert Wilders, Mark Rutte, Rutte, It's, Wilders, Dilan Yesilgoz, Frans Timmermans, Pieter Omtzigt, Johnny Cotton, Toby Sterling, Bart Meijer, Stephanie van den Berg, Charlotte van Campenhout, Ingrid Melander, Sharon Singleton, Robert Birsel Organizations: REUTERS, Freedom Party, People's Party for Freedom and Democracy, Labour, Green, NOS, Christian Democrats, Thomson Locations: Amsterdam, Netherlands, AMSTERDAM, Turkish, The Netherlands, North
CNN —Dutch voters cast their ballots on Wednesday in a nail-biting election in which opinion polls show at least three parties - including the far right -could hope for the top spot. ”I hope I don’t wake up tomorrow and we have Wilders as a prime minister. Mark Rutte will be leaving the post of prime minister after 13 years. A hard-right coalition could also soften plans to reduce livestock and fertilizer use, which are strongly opposed by farmers. Rutte will remain in a caretaker role until a new government is installed, likely in the first half of 2024.
Persons: Geert Wilders, Mark Rutte, Wilders, That’s, , Arie van der, Nicolas Economou, Rutte, Frans Timmermans, It’s, ” Wilders, Dilan Yesilgoz, Pieter Omtzigt Organizations: CNN, Freedom Party, People’s Party for Freedom and Democracy, , Christian Democrats, NOS Locations: Amsterdam, Netherlands, Turkish
REUTERS/Yves Herman Acquire Licensing RightsAMSTERDAM, Nov 22 (Reuters) - With the Dutch election over, attention will now turn toward forming a new government. Coalition building in the fractured Dutch political landscape always takes months, and this time will likely be no exception. Wilder has also in the past said he wanted to quit the European Union and close Dutch borders. BROAD MAJORITY COALITIONYesilgoz has other options if talks to form a hard-right coalition fail. A broad coalition would be more willing to invest in the energy transition than a right-wing government would be.
Persons: Geert Wilders, Yves Herman Acquire, Mark Rutte's, Dilan Yesilgoz, Pieter Omtzigt, Wilders, Wilder, Frans Timmermans, Yesilgoz, Omtzigt, Rutte's, Bart Meijer Organizations: REUTERS, Rights, Coalition, Party, European Union, Labour, Israel, NSC, Thomson Locations: The Hague, Netherlands, Ukraine
Explainer: What's at stake in the Netherlands' Nov. 22 election
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +4 min
Netherlands' Prime Minister Mark Rutte attends a joint news briefing with Ukraine's President Volodymyr Zelenskiy (not pictured), amid Russia's attack on Ukraine, in Kyiv, Ukraine February 17, 2023. REUTERS/Viacheslav Ratynskyi/File Photo Acquire Licensing RightsAMSTERDAM, Nov 20 (Reuters) - The Dutch will elect a new parliament on Nov. 22 in an election that will bring the Netherlands its first new prime minister in over a decade, and determine how conservative the country's new cabinet may be. Outgoing Prime Minister Mark Rutte's centre-right government collapsed in July over differences in how to reduce the flow of asylum-seekers entering the country. Rutte, the country's longest-serving prime minister, has lost popularity and promised not to stand again. Dilan Yesilgoz, who leads Rutte's conservative VVD Party, herself a Turkish immigrant who would be the Netherlands' first woman prime minister.
Persons: Mark Rutte, Volodymyr Zelenskiy, Viacheslav, Mark Rutte's, Dilan Yesilgoz, Rutte's, Frans Timmermans, Pieter Omtzigt, Geert Wilders, Rutte, Toby Sterling, Ed Osmond Organizations: REUTERS, Rights, Dutch, Conservative, Union, Party, Labour and Green Left, Democrat, NOS, Thomson Locations: Netherlands, Ukraine, Kyiv, Dutch, North, Rutte, Turkish
VOORBURG, Netherlands (AP) — Cans of fish, jars of pasta sauce and bags of beans are stacked in blue crates. Meat, dairy and bread are kept cold in a huge freezer and a walk-in refrigerator in this affluent Dutch town. “There is a long list of things we need to do to challenge that cost-of-living crisis,” he told reporters at a campaign event. That shot up to 250 as a cost-of-living crisis swept across the world and did not spare the wealthy Netherlands. The Leidschendam-Voorburg food bank Kuipers oversees estimates that the true number of people eligible for food aid could be two to three times higher.
Persons: , Rob Kuipers, Maurice Crul, Pieter Omtzigt, Mark Rutte —, , Frans Timmermans, Kuipers Organizations: Vrije Universiteit Amsterdam, Democrat, People’s Party for Freedom and Democracy, Union, . Locations: Netherlands, Leidschendam, The Hague
UKRAINE DIVERSIONReuters spoke to around a half dozen Czech and Polish defence companies and government officials who described renewed efforts to carve out a bigger share of the African arms market as the Ukraine conflict diverts Russia's attention. Privately-held defence and civil manufacturing company Czechoslovak Group - the biggest Czech defence company - said its ability to maintain and modernize armoured vehicles using Soviet-era standards has helped it win business in Africa. ...in Poland where our stand was visited by numerous delegations from African countries that appeared here for the first time," WB Group spokesman Remigiusz Wilk said. The effort to supply Ukraine has pushed Czech companies to boost production and expand supply lines, something Czech-based independent defence analyst Lukas Visingr said has burnished the region's reputation. "The Czech arms industry is stepping up its efforts towards certain African countries still using Soviet-style equipment but who start to see Russia as a problematic supplier," Visingr said.
Persons: David W Cerny, Jiri Hynek, Filip Kulstrunk, Andrej Cirtek, Pieter Wezeman, Sebastian Chwalek, , Remigiusz Wilk, Petr Fiala, Tomas Pojar, Tomas Kopecny, Kopecny, Lukas Visingr, Visingr, Michael Kahn, Anna Koper, Alex Richardson Organizations: Aero Vodochody, REUTERS, Western, Central, Russia Czech, Defence, Western NATO, Warsaw, Defence and Security Industry Association of, Reuters, Aero, Privately, Czechoslovak Group, CSG, Stockholm International Peace Research Institute, WB Group, WB, Ivory, Thomson Locations: Odolena Voda, Czech Republic, Russia, Africa, PRAGUE, WARSAW, European, Western, Czechoslovakia, Czech, UKRAINE, Polish, Ukraine, Stockholm, China, Saharan Africa, Poland's, Poland, Ethiopia, Kenya, Ghana, Prague, Mozambique
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have a new plane coming in 'each and every week' for the next few years, IndiGo CEO saysPieter Elbers, CEO of the airline, says it aims to double its capacity by the end of the decade.
Persons: Pieter Elbers Organizations: IndiGo
The logo of IndiGo Airlines is pictured on passenger aircraft on the tarmac in Colomiers near Toulouse, France, July 10, 2018. REUTERS/Regis Duvignau//File Photo Acquire Licensing RightsBENGALURU, Nov 3 (Reuters) - India's biggest airline IndiGo said on Friday it would lease new planes and extend agreements on some older ones to offset the disruption from new problems with Pratt & Whitney engines. IndiGo has retained 14 of its older Airbus A320ceo, extended leases on 36 other aircraft, and is taking 11 additional aircraft on lease starting November. The company is in talks with Pratt & Whitney for compensation over engine issues and expected payments to be staggered, he said. Close to 40 IndiGo planes are currently grounded due to older issues with Pratt & Whitney engines and the airline is yet to ascertain the number of groundings from the new problems.
Persons: Regis Duvignau, Pratt & Whitney, IndiGo, Pieter Elbers, Gaurav Negi, Negi, Aditi Shah, Nandan, Shounak Dasgupta, Mark Potter Organizations: IndiGo Airlines, REUTERS, Rights, India's, IndiGo, Pratt & Whitney, Pratt &, Airbus, Thomson Locations: Colomiers, Toulouse, France, India, New Delhi, Bengaluru
No team had ever recovered from a halftime deficit to win a World Cup final and the Springboks came out flying in the second half looking to drive home their advantage. It was the first try South Africa had conceded in four World Cup finals but Mo'unga missed the conversion from wide-out and the Springboks held on to the lead. Kolisi had by now returned to the fray after his card was not upgraded and South Africa brought their famed "bomb squad" off the bench to relieve fatigued forwards. South Africa winger Cheslin Kolbe was the fourth player to be yellow-carded seven minutes from time but New Zealand's Jordie Barrett struck the subsequent 48-metre penalty attempt wide of the posts. New Zealand had also been hoping to win a fourth World Cup and coach Ian Foster thought the way the cards for Cane and Kolisi played out had been a decisive factor.
Persons: Denis, Webb Ellis, Cyril Ramaphosa REUTERS, Gonzalo Fuentes, Cane, Beauden Barrett, NZ Handre Pollard, Sam Cane, Pieter, Steph du Toit, Handre, Siya Kolisi, Black Richie McCaw, Kolisi, Shannon Frizell, Flyhalf Pollard, Richie Mo'unga, Pollard, Cane clattered, Jesse Kriel, Mo'unga, Ardie Savea, New Zealand scrumhalf Aaron Smith, Mark Telea, Cheslin Kolbe, Zealand's Jordie Barrett, Ian Foster, it's, Nick Mulvenney, Ed Osmond Organizations: Rugby Union, Rugby, Stade de France, Saint, South, NZ, Zealand, Blacks, Springboks, New Zealand, All Blacks, Thomson Locations: Zealand, South Africa, France, Africa, South Africa PARIS, New Zealand, New
Springboks start with Pollard, go 7-1 on the bench
  + stars: | 2023-10-26 | by ( Mark Gleeson | ) www.reuters.com   time to read: +2 min
In the end, Pollard proved the match winner again as he kicked over a 48 metre penalty to hand South Africa a place in the final. South Africa coach Jacques Nienaber surprised with his choice of replacements, going with seven forwards and a single back for the third time in the last two months. It means South Africa are gambling on fresh forward power winning them the game but risking having no cover should there be any injury among the backs. New Zealand, who like South Africa have won three previous World Cups, will name their team later on Thursday. South Africa: 15-Damian Willemse, 14-Kurt-Lee Arendse, 13-Jesse Kriel, 12-Damian de Allende, 11-Cheslin Kolbe, 10-Handre Pollard, 9-Faf de Klerk, 8-Duane Vermeulen, 7-Pieter-Steph du Toit, 6-Siya Kolisi (capt.
Persons: Handre Pollard, Pollard, Faf, Klerk, Jacques Nienaber, Cheslin Kolbe, Kurt, Lee Arendse, Damian Willemse, Jesse Kriel, Damian de Allende, Faf de Klerk, Duane Vermeulen, Pieter, Steph du Toit, Kolisi, Franco Mostert, Eben Etzebeth, Frans Malherbe, Steven Kitshoff, Deon Fourie, Trevor Nyakane, Jean Kleyn, Kwagga Smith, Jasper Wiese, Willie Le Roux, Mark Gleeson, Deborah Kyvrikosaios Organizations: Rugby, Springbok, New Zealand, South, England, Libbok, Blacks, Twickenham, Ireland, Leinster, Thomson Locations: COURCELLES, France, South Africa, Japan, flyhalf, scrumhalf, Africa, South Africa’s, Zealand
World Cup braced for second superpower showdown
  + stars: | 2023-10-26 | by ( Mitch Phillips | ) www.reuters.com   time to read: +5 min
That means that should they triumph on Saturday they will have an incredible 50% success rate - four finals from eight tournaments. New Zealand won the inaugural event in 1987 then became the first to win back-to-back titles in 2011 and 2015 - an achievement defending champions South Africa are also desperate to emulate. Their previous final meeting was in 1995, the first World Cup South Africa were allowed into. At the other end of the experience spectrum is winger Will Jordan, whose eight tries in France equal the tournament best. Referee: Wayne Barnes (England)Reporting by Mitch Phillips; editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Nelson Mandela, Francois Pienaar, Chester Williams, Siya Kolisi, Richie McCaw, Handre Pollard, Ian Foster, Sam Whitelock, Will Jordan, Jordie Barrett, flyhalf Richie Mo'unga, Ardie, Beauden Barrett, Rieko Ioane, Mark Telea, Richie Mo’unga, Aaron Smith, Sam Cane, Shannon Frizell, Scott Barrett, Brodie Retallick, Tyrel Lomax, Codie Taylor, Ethan de Groot, Samisoni Taukei’aho, Tamaiti Williams, Nepo Laulala, Dalton Papalii, Finlay Christie, Damian McKenzie, Anton Lienert, Damian Willemse, Kurt, Lee Arendse, Jesse Kriel, Damian de Allende, Cheslin Kolbe, Faf de Klerk, Duane Vermeulen, Pieter, Steph du Toit, Kolisi, Franco Mostert, Eben Etzebeth, Frans Malherbe, Steven Kitshoff, Deon Fourie, Trevor Nyakane, Jean Kleyn, Kwagga Smith, Jasper Wiese, Willie Le Roux, Wayne Barnes, Mitch Phillips, Ken Ferris Organizations: Springboks, New Zealand, South, France, England, Twickenham, Zealand, Blacks, Ireland, Webb, Thomson Locations: New Zealand, South Africa, Africa, England, flyhalf, Argentina, Ireland, France, Zealand, Brown
Oct 25 (Reuters) - Dominant Dutch cycling team Jumbo-Visma aim to stay at the front of the peloton next season with the help of an unlikely addition to their coaching set-up -- swimming guru Jacco Verhaeren. "Over the past few years, I have often exchanged ideas with Jacco", Jumbo-Visma sporting director Merijn Zeeman said in a statement announcing the unusual collaboration. "After our best season, we have to keep looking for improvements and new insights. Together with (head of performance) Mathieu Heijboer, I have come to the conclusion that Jacco can provide us with these new ideas and different insights from another sport. "What Jumbo-Visma does with my advice is up to them."
Persons: Jacco, Primoz Roglic, Jonas Vingegaard, Sepp Kuss, Pieter van den Hoogenband, Inge de Bruijn, Merijn Zeeman, Mathieu Heijboer, Verhaeren, Martyn Herman, Christian Radnedge Organizations: France, Paris Olympics, Thomson Locations: Espana
A recent research paper revealed a new way to help AI models ingest way more data. Soon, you'll be able to put millions of words into context windows of AI models, researchers say. Bigger AI models can handle more, but only up to about 75,000. Massive context windowsThis Ring Attention method means that we should be able to put millions of words into the context windows of AI models, not just tens of thousands. AdvertisementAdvertisementThis chart shows some of the results of tests from the "Ring Attention" AI research paper.
Persons: you'll, , Matei Zaharia, Pieter Abbeel, Claude, That's, OpenAI's, Hao Liu, Liu Organizations: Service, Google, UC Berkeley, Databricks, Nvidia Locations: GPT
PARIS, Oct 11 (Reuters) - South Africa have based their domination on a powerful and skilful pack and France expect to face just that when they meet the holders in the World Cup quarter-finals on Sunday. The Stade de France clash comes 11 months after France earned a 30-26 win in Paris in a brutal affair that saw Pieter Du Toit and Antoine Dupont red carded. About two thirds of that victorious France team should start on Sunday so they know what to expect. They (South Africa) are physical and they're well known for that. Lock Thibaut Flament was replaced early on last November but he had a taste of the South Africa pack.
Persons: Pieter Du Toit, Antoine Dupont, Reda Wardi, Lock Thibaut, We're, Laurent Labit, they've, Emile Ntamack, Julien Pretot, Ken Ferris Organizations: Stade de France, France, Springboks, Ireland, RMC Sport, Thomson Locations: South Africa, France, Paris
Israeli ‘realpolitik’Young ethnic Armenians from Nagorno-Karabakh in the town of Goris during evacuations to Armenia on October 1. Hayk Baghdasaryan/Photolure/AP Ethnic Armenians from Nagorno-Karabakh drive to Goris on September 28. Vahan Stepanyan/PAN Photo/AP Volunteers distribute food to ethnic Armenians arriving in Goris from Nagorno-Karabakh on September 28. Alain Jocard/AFP/Getty Images Ethnic Armenians from Nagorno-Karabakh line up to receive humanitarian aid at a temporary camp in Goris on September 26. Wezeman, the researcher at SIPRI, said Israel could come under pressure from its Western allies to reconsider arms sales to Azerbaijan.
Persons: CNN —, Marut Vanyan, “ I’m, , , Vanyan, Leonid Nersisyan, Rishon Le, Jack Guez, , Pieter Wezeman, ” Wezeman, Emmanuel Dunand, Efraim Inbar, ” Inbar, Israel ’, Inbar, LORA, ” Hikmet Ajiyev, Ilham Aliyev, realpolitik, Diego Herrera Carcedo, Sergey Astsetryan, Aziz Karimov, Hayk, Vahan Stepanyan, Vasily Krestyaninov, Alain Jocard, Anatoly Matlsev, David Harapetyan, Irakli Gedenidze, Reuters Greta, Anthony Pizzoferrato, Samantha Power, Power, Astrig Agopian, Novlet, David Ghahramanyan, Israel Organizations: CNN, Azerbaijan, Applied Policy Research Institute, Israel Aerospace Industries, IAI, Autonomous Robotics, Getty, Haaretz, Artsakh Defense Army –, Stockholm International Peace Research Institute, Azerbaijani Ministry of Defense, Israeli Ministry of Defense, Ovda Airport, Israel, Jerusalem Institute for Strategy, , APRI, Artsakh Defense Army, Reuters, AP, Erebuni, PAN, AP Volunteers, Karabakh, Technologies, US Agency for International Development, Volunteers, Vehicles, Red Cross, People, Armenian Ministry of Foreign Affairs, European Union Locations: Nagorno, Karabakh, Stepanakert, Karabakh’s, Azerbaijan, Armenia, Rishon, Tel Aviv, AFP, Israel’s, Artsakh, Israel, Stockholm, Baku, Lachin, Iran, Iranian, Jerusalem, Ottoman, Turkey, Ottoman Empire, APRI Armenia, Syunik, Nakhchivan, Republic of Armenia, Goris, Yerevan, Kornidzor, Russia, United States
A BMW executive told Autocar magazine the company will be ending its $18-a-month heated seat subscription. That includes the roughly $18 monthly fee — or $180 annually — to activate heated seats, which come pre-installed in these cars. "We thought that we would provide an extra service to the customer by offering the chance to activate that later, but the user acceptance isn't that high," Nota told Autocar during the IAA Mobility conference in Munich. Despite scrapping the seat-warming charges, Nota told Autocar the company still plans to go ahead with charging for other features — like $20-a-month driving assistance software. Automakers Ford and General Motors set a target annual revenue of at least $20 billion from software services by 2030.
Persons: Pieter Nota, It's, Nota, Trevor Noah, General Motors Organizations: BMW, Autocar, Service, IAA Mobility, Daily, Ford, General Locations: Wall, Silicon, Munich
Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesSpirits were high when Dutch payments firm Adyen floated on the Amsterdam Stock Exchange in 2018. The company was riding a wave of growth in Europe's technology sector and snapping up competition from its mega U.S. rival PayPal. Since then, the company has weathered a turbulent ride, including a global pandemic that knocked volumes from travel clients significantly. Company shares plummeted 39% on Thursday, erasing 18 billion euros ($39 billion) from Adyen's market capitalization, as investors dumped the stock after the firm reported its slowest revenue growth on record. Adyen has typically been viewed as a growth stock, after consistently reporting revenue growth of 26% each half-year period since its 2018 stock market debut.
Persons: Pavlo Gonchar, Adyen, Pieter van der, Arnout Schuijff, Ethan Tandowsky, CNBC's, Tandowsky, EBITDA, Simon Taylor, Taylor Organizations: Amsterdam Stock Exchange, PayPal, Company, CNBC, Netflix, Meta, Spotify, Enterprise, Financial Locations: North America
The Adyen share plunge "was because expectations were much higher. Analysts believed that Adyen would take significantly more share in this difficult market environment," said Jefferies equity analyst Hannes Leitner. Was the share price reaction justified? One European equities trader, who asked not to be named, noted there were orders to sell Adyen shares at any price and referred to "apocalypse selling." According to data from Refinitiv, 17 analysts rated Adyen "buy", 12 "hold", and 4 "sell" before the earnings announcement.
Persons: Eva Plevier, Jefferies, Hannes Leitner, Refinitiv, Adyen, Worldline, Italy's, Marco Simion, Pieter van der, , Samuel Indyk, Elizabeth Howcroft, Danilo Masoni, Toby Sterling, Dhara, Alun John, Cynthia Osterman Organizations: REUTERS, Analysts, Citigroup, UBS, KPMG, Privately, Thomson Locations: Amsterdam, Netherlands, MILAN, North America, Swiss, Adyen, EMEA, Refinitiv, London, Milan
JOHANNESBURG, Aug 8 (Reuters) - South Africa captain Siya Kolisi was included in the squad for next month’s Rugby World Cup but other key players left out because of injury, including influential flyhalf Handre Pollard and World Cup-winning centre Lukhanyo Am. There are 12 World Cup debutants but the Boks kept the bulk of the side that won the tournament in Japan four years ago. Also out is Lood de Jager, the giant lock who was also part of team four years ago. He heads a list of players who compete at a third World Cup tournament. South Africa play in Pool B at the World Cup where they also meet Romania, Ireland and Tonga.
Persons: Siya Kolisi, flyhalf Handre Pollard, Kolisi, Pollard, de Jager, Jacques Nienaber, De Jager, Nienaber, Frans Malherbe, Trevor Nyakane, Eben Etzebeth, Steph du Toit, Duane Vermeulen, Damian de Allende, Jesse Kriel, Kurt, Lee Arendse, Faf de Klerk, Andre Esterhuizen, Jaden Hendrikse, Cheslin Kolbe, Willie le Roux, Manie, Makazole Mapimpi, Canan Moodie, Cobus Reinach, Damian Willemse, Grant Williams, Pieter, Deon Fourie, Steven Kitshoff, Jean Kleyn, Vincent Koch, Malcolm Marx, Kubota Spears, Bongi Mbonambi, Franco Mostert, Nche, Marvin Orie, Kwagga Smith, Marco van Staden, Jasper Wiese, Christian Radnedge Organizations: Rugby, Lukhanyo, Scotland, Argentina, SA Rugby, Wales, New Zealand, Twickenham, Romania, Tonga, Squad, Panasonic, Knights, Canon Eagles, Harlequins, Suntory, Eagles, Toyota, Honda, Snyman, Leicester Tigers, Thomson Locations: JOHANNESBURG, South Africa, Marseille, Japan, Cardiff, New, Ireland, Montpellier, Ulster, Munster, Stormers
IndiGo CEO discusses its record quarterly profit
  + stars: | 2023-08-03 | 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 EmailIndiGo CEO discusses its record quarterly profitPieter Elbers, CEO of the Indian airline, discusses the company's quarterly profit, attributing strong demand partly to the Indian economy's robust performance.
Persons: Pieter Elbers
FUKUOKA, Japan, July 23 (Reuters) - Reigning Olympic champion Ariarne Titmus of Australia smashed the world record as she blazed to victory in a battle royale for the women's 400m freestyle title on the opening day of the swimming events at the World Aquatics Championships on Sunday. New Zealand's Erika Fairweather edged McIntosh to grab the bronze, finishing 4.21 seconds behind Titmus. Earlier, Australia's Sam Short won the men's 400m freestyle race a year after his compatriot Elijah Winnington prevailed. The women's and men's 4x100m freestyle relays will bring an end to the day's proceedings at the Marine Messe Fukuoka Hall. Reporting by Shrivathsa Sridhar in Bengaluru Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
Persons: Ariarne, Titmus, Summer McIntosh, Katie Ledecky, Ian Thorpe, Pieter van den Hoogenband, Michael Phelps, Erika Fairweather, McIntosh, Australia's Sam Short, Elijah Winnington, Ahmed Hafnaoui, Germany's Lukas Martens, Winnington, France's Leon Marchand, Carson Foster, Jacob Whittle, Shrivathsa Sridhar, Toby Davis Organizations: Paris, Marine Messe Fukuoka Hall, Thomson Locations: FUKUOKA, Japan, Australia, Athens, Tunisia, Budapest, British, Bengaluru
Sensorfact has created a smart monitoring system to help industrial companies cut energy and water use. Check out the 11-slide pitch deck it used to secure 25 million euros (around $28 million). A Dutch startup helping industrial companies manage their energy and water use has just raised 25 million euros (around $28 million) from growth impact fund Blume Equity. Sensorfact, founded in 2017, has developed a smart monitoring system for industrial companies including food and beverage, plastic and rubber, and metals manufacturers. It uses wireless sensors that are clipped onto machine cables and gas, water, and compressed air pipes to monitor flow every 30 seconds, which is fed back to a user-facing platform.
Persons: Sensorfact, Pieter Broekema's, Broekema, Biden's, Blume, Eleanor Blagbrough Organizations: Blume Equity, Sensorfact, Industry, SET Ventures Locations: Dutch, Europe
[1/3] One of Tiger Brands' most popular beverage products, Oros, is seen during production at a manufacturing facility in Germiston, South Africa November 17, 2022. This investment, sometimes at the cost of essential capital expenditure, will eventually be passed onto consumers, making food prices higher for longer, food companies, economists and lobby groups told Reuters. It comes at a time when South Africa is already struggling with acute unemployment, 14-year high interest rates and ballooning inflation and complicates efforts of the South African Reserve Bank (SARB) to ease interest rate hikes. Poultry producer Astral (ARLJ.J), diversified food producers AVI (AVIJ.J) and RCL Foods (RCLJ.J) have indicated in their recent earnings statements the mitigating measures would eventually translate into higher food prices. The listed food producers have collectively lost almost 15% in their market value since the beginning of the year.
Persons: James Oatway, Derek McKernan, Kobus, Pieter Taljaard, Thomas Funke, Charles Rossouw, Rosle, Cloete, Gertenbach, Tannur Anders, Anait, Promit Mukherjee, David Evans Organizations: Tiger Brands, REUTERS, Reuters, South African Reserve Bank, Reuters Graphics, Premier, RCL, Grain SA, Cane Growers ' Association, Food, Agricultural, Thomson Locations: Germiston, South Africa, JOHANNESBURG, Africa
London CNN —India’s stock market is booming as investors take a chance on one of the few bright spots in a fragile global economy. The country’s stocks are so hot that India is now home to the world’s fourth most valuable equity market, behind only the United States, China and Japan. The total value of Indian equities has hit $3.5 trillion, greater than the value of Europe’s two biggest stock markets, in the UK and France, according to data from Refinitiv. Bright prospectsThe surge in Indian equities is a reflection of the strength and potential of the country’s economy, according to economists and fund managers. “The Indian equity market is the classic example of ‘expensive for a reason’,” he said.
Persons: ” Sher Mehta, ” Mehta, Sohini Kar, India Ashish Vaishnav, Pieter Elbers, Narendra Modi, Joe Biden, Apple, Lorenzo La, , Posta, La Posta, Gautam Adani Organizations: London CNN, United Kingdom’s FTSE, CAC, Virtuoso Economics, CNN, Monetary Fund, India, London School of Economics, Airbus, , Apple, Momentum Global Investment Management Locations: India, United States, China, Japan, Russia, Europe, France, Refinitiv, Mumbai, Washington, Germany
PARIS, June 22 (Reuters) - The first Paris Airshow in four years has clocked up billions of dollars in commercial jet orders and offered some respite for suppliers as air travel springs back sharply from the pandemic. The industry returned to Le Bourget with high expectations of commercial orders and low expectations regarding the supply chain, but generated a more balanced picture on both fronts. Announced orders reached near-record levels but were heavily dominated by two airlines leading the charge in India, the world's fastest growing market: IndiGo (INGL.NS) and Air India. A key focus of the show was how those planes will be produced after the pandemic disrupted supply chains. Several major companies said they had built up more buffer stocks and were seeing signs of improvement in supply chains.
Persons: Le Bourget, Christian Scherer, Pieter Elbers, Sash Tusa, Tim Hepher, Mark Potter Organizations: Air India, Airbus, Boeing, IndiGo, Aero Systems, Agency Partners, Thomson Locations: Paris, India, COVID, Ukraine
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