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☆ See the private jets a Bahamian aviation firm says Sam Bankman-Fried and FTX funded with a $28 million handshake deal, and are now at the center of a 3-way ownership battle
▼ + stars: | 2023-09-22 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +5 min

FTX loaned $28 million to a private jet company to finance its purchase of two jets, a court filing says. One of them has been in government custody since February, while the FTX Debtors claimed ownership of the planes in August. AdvertisementAdvertisementThursday's court filing says IAC received the loan after a "handshake deal" between Aranha and Bankman-Fried. It wasn't until August 7 that the FTX Debtors claimed ownership of the planes, the filing says. This is not the first time FTX Debtors have tried to get back assets.

Persons: FTX, SBF's, Sam Bankman, Fried's FTX, Paul Aranha, Fried, Aranha, Shaquille O'Neal, Stephen Curry, Naomi Osaka Organizations: Service, Bahamian, Court, Bombardier Global, Embraer, Island Air, IAC, Trans Island Airways, FTX Ventures, Trans, Airways, TIA, Bombardier, Global, US Marshals Service, Bradley International Locations: Wall, Silicon, Delaware, Connecticut

☆ See the private jets a Bahamian aviation firm says Sam Bankman-Fried and FTX funded with a $28 million handshake deal, which are now at the center of a 3-way ownership battle
▼ + stars: | 2023-09-22 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +5 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat it's like to drive the world's fastest EV — the Rimac NeveraRimac is Croatia's first and only automaker. Its 35-year-old founder, Mate Rimac, started tinkering with electric vehicles after he blew the engine in an old BMW he raced as a teen. After rebuilding it with an electric drivetrain – and winning some races – he founded Rimac Automobili in 2009, and today the company has released an electric supercar, the Nevera. CNBC's John Rosevear gives the $2.1 million EV a test drive in the canyon roads above Malibu to find out if it lives up to the hype.

Persons: Mate Rimac, Rimac Automobili, CNBC's John Rosevear Organizations: BMW Locations: Malibu

☆ Storm Lee makes landfall in Canada, downing trees and knocking out power
▼ + stars: | 2023-09-16 | by ( John Morris | ) www.reuters.com time to read: +3 min

[1/15] A tree on the ground is pictured after taking down the power lines and shutting off access to this road in Liverpool, Nova Scotia, Canada, September 16, 2023. The still-powerful weather system packed maximum sustained winds of 65 mph (100 km/h) with higher gusts, forecasters said. In the Canadian province of Nova Scotia, around 120,000 people were without power on Saturday as winds knocked down trees and felled power lines. "The intensity of the storm is strong," said Paul Mason, the executive director of the Nova Scotia Emergency Management Office. It marks the second year in a row that such a powerful storm has reached Canada after Hurricane Fiona ripped into eastern Canada a year ago.

Persons: John Morris, Lee, Crews, Matt Drover, PowerOutages.us, Paul Mason, Joe Biden's, Fiona, David Ljunggren, Idrees Ali, Maria Caspani, Daniel Trotta, Brendan O'Brien, Kim Coghill, Mike Harrison, Diane Craft, Daniel Wallis, David Gregorio Our Organizations: REUTERS, U.S, National Hurricane Center, Nova, Nova Scotia Emergency Management Office, NHC, Canadian Hurricane Centre, Thomson Locations: Liverpool , Nova Scotia, Canada, Nova Scotia, Canada's Nova Scotia, Atlantic, U.S ., Maine, Halifax, Eastport , Maine, Atlantic Canada, Canadian, of Nova Scotia, New Brunswick, Massachusetts, Bermuda, Ottawa, Washington, New York, Carlsbad , California, Chicago

☆ Weakening storm Lee bears down on New England and Canada with still-dangerous winds, heavy rains
▼ + stars: | 2023-09-16 | by ( ) www.cnbc.com time to read: +2 min

Storm Lee toppled trees and cut power to tens of thousands Saturday as it began lashing New England and eastern Canada, threatening hurricane-force winds, dangerous surf and torrential rains as its center spun closer. Severe conditions were predicted across parts of Massachusetts and Maine, and hurricane conditions could hit the Canadian provinces of New Brunswick and Nova Scotia. In Maine, the nation's most heavily forested state, the ground was saturated and trees were already weakened by heavy summer rains. A tropical storm warning stretched from the New Hampshire-Maine border through Nova Scotia and Prince Edward Island to northern New Brunswick. Utilities reported nearly 200,000 customers without power from Maine to New Brunswick and Nova Scotia.

Persons: Storm Lee, Todd Foisy, Foisy, Joe Biden, Prince Edward Island Organizations: U.S ., Atlantic Canada, National Weather Service, U.S, National Hurricane Center, Utilities, Halifax Stanfield International Locations: England, Canada, Massachusetts, Maine, New Brunswick, Nova Scotia, U.S, Eastport , Maine, Halifax, Nova, Scotia, New Hampshire, Prince, Nova Scotia's

☆ Davis Cup champions Canada stay perfect, US stunned
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

"I'm happy with the way I competed," world number 158 Diallo said. "Obviously things are going my way right now, so it's easy to stay positive. It was Tiafoe's second straight defeat this week after the world number 11 had crashed against Croatia's Borna Gojo. Maybe you guys are upset he's not here playing for Spain, because he's 20 and I'm 36 and how he's tired and I'm not," Djokovic said. I'm sure he'll win this competition with Spain because of who he is and the quality he possesses and the quality the team possesses."

Persons: Felix Auger, Milos Raonic, Denis Shapovalov, Vasek Pospisil, Leo Borg, Gabriel Diallo, Lorenzo Musetti, Elias Ymer, Diallo, Max Purcell, Matthew Ebden, Nicolas Mahut, Edouard Roger, Vasselin, Botic Van de, Tommy Paul, Tallon Griekspoor, Frances Tiafoe, Croatia's Borna, Novak Djokovic, Djokovic, Carlos Alcaraz, he's, Shrivathsa Sridhar, Pritha Sarkar Organizations: Canada, Italy, Wednesday, Australia, France, United, C, Spain, South, U.S, Davis Cup, Thomson Locations: Sweden, United, Canada, Bologna, Malaga, Manchester, Croatian, Split, Netherlands, United States, Valencia, Czech Republic, South Korea, Serbia, New York, Spain, Bengaluru

Halep was "shocked and disappointed" and blamed contaminated supplements, adding that she "refused to accept their (ITIA) decision of a four-year ban" which runs until Oct. 6, 2026. "I am continuing to train and do everything in my power to clear my name of these false allegations and return to the court," Halep said in a statement to Reuters. "I intend to appeal this decision to The Court of Arbitration for Sport (CAS) and pursue all legal remedies against the supplement company in question." The ITIA said earlier on Tuesday it came to its conclusion based on the collection and analysis of 51 blood samples provided by Halep. The WTA said it was important for players to be aware of the sport's Anti-Doping Programme rules.

Persons: Simona Halep, Serena Williams, Ben Curtis, ITIA, Halep, roxadustat, Karen Moorhouse, Patrick Mouratoglou, Simona, I've, Moorhouse, Novak Djokovic, Rohith Nair, Shrivathsa Sridhar, William Maclean, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Tennis Integrity Agency, Wimbledon, U.S, Reuters, Sport, Halep, Tennis Players, Thomson Locations: London, Britain, U.S, Bengaluru

LONDON (AP) — Two-time Grand Slam champion Simona Halep has been suspended from professional tennis for four years for doping violations, the International Tennis Integrity Agency said Tuesday. The 31-year-old Romanian had been accused of two doping offenses — failing a drug test during the 2022 U.S. Open and for irregularities in her Athlete Biological Passport, the ITIA said. A panel concluded that Halep “had committed intentional anti-doping rule violations.”Halep had been provisionally suspended since October 2022. Such passports provide a baseline reading of substances in an athlete’s body and are considered a way to help chart doping. The tribunal reported that “likely doping” was the explanation for the irregularities in Halep’s profile.

Persons: Simona Halep, Halep “, ” Halep, Halep, Serena Williams, Roxadustat, “ Organizations: Tennis Integrity Agency, Wimbledon, Sport, AP Locations: Romanian, “

Halep said she "refused to accept their (ITIA) decision of a four-year ban" which runs until Oct. 6, 2026. "I intend to appeal this decision to The Court of Arbitration for Sport and pursue all legal remedies against the supplement company in question." The ITIA said earlier on Tuesday it came to its conclusion based on the collection and analysis of 51 blood samples provided by Halep. Halep explained that since she had tested negative three days earlier, the exposure could only have been accidental. The WTA will support the decisions reached through the process and will continue to follow this closely," it said.

Persons: Simona Halep, Serena Williams, Ben Curtis, Halep, roxadustat, Karen Moorhouse, I've, Moorhouse, Rohith Nair, William Maclean, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Tennis Integrity Agency, Wimbledon, U.S, Reuters, Sport, Halep, WTA, Thomson Locations: London, Britain, U.S, Bengaluru

☆ North Korea marks founding day with parade, diplomatic exchanges
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

[1/4] North Korean leader Kim Jong Un gestures as the civil defense military parade commemorating the 75th anniversary of the founding of the Democratic People's Republic of Korea is held in Pyongyang, September 8, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Sept 9 (Reuters) - North Korean leader Kim Jong Un marked the country's founding anniversary with a parade of paramilitary groups and diplomatic exchanges in which he vowed to deepen ties with China and Russia. Kim observed the parade at Kim Il Sung Square in Pyongyang and held talks with a visiting Chinese delegation, state media KCNA reported on Saturday. "Most stakeholders in the region want to avoid a new Cold War, but this looks increasingly difficult as Beijing and Moscow prop up Pyongyang and North Korea aligns itself with China and Russia's challenges to the international order." North Korea supplements its already large military with various paramilitary, reserve, and security groups such as the army-affiliated Worker-Peasant Red Guards (WPRG).

Persons: Kim Jong, Kim, Kim Il, Xi Jinping, Vladimir Putin, Xi, Leif, Eric Easley, China's Xi, Russia's Putin, Putin, Jihoon Lee, Josh Smith, Sandra Maler, Stephen Coates, Michael Perry Organizations: Democratic People's, KCNA, REUTERS Acquire, Rights, Ewha University, Guards, Thomson Locations: Democratic People's Republic, Korea, Pyongyang, Rights SEOUL, China, Russia, Northeast Asia, North Korea, India, Seoul, Beijing, Moscow, New Delhi, Ukraine

☆ North Korea celebrated its founding with a military parade featuring dump trucks modified to work as rocket launchers
▼ + stars: | 2023-09-09 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

North Korea celebrated its founding with a military parade featuring tractors and dump trucks. This photo provided Saturday, Sept. 9, 2023, by the North Korean government shows the paramilitary parade, marking North Korea’s 75th founding anniversary at Kim Il Sung Square in Pyongyang, North Korea. At the very least, experts said, it demonstrates Kim's commitment to expanding the reach of North Korea's nuclear program. Photos released by North Korean state media show rows of tractors towing what appear to be rocket launchers. This photo provided Saturday, Sept. 9, 2023, by the North Korean government shows the paramilitary parade, marking North Korea’s 75th founding anniversary at Kim Il Sung Square in Pyongyang, North Korea.

Persons: Kim Il Sung, Kim Jong Un, Kim Il Organizations: Service, Associated Press, North Korean, Korean Central News Agency, Korea News Service, North, Reuters, AP North, Guards, Korea Herald, South Locations: Korea, China, Russia, Wall, Silicon, Pyongyang, North Korea, North Korean, AP North Korea, South Korean

☆ De Beers 'confident' talks will avert strike at S.Africa's Venetia mine
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

De Beers delivers first production from underground operations at its Venetia Mine in South Africa in this undated handout picture. On Tuesday, NUM, South Africa's biggest mineworkers' union, said it was planning a strike at Venetia, as De Beers could only offer a 6% pay increase against demands for a 9% hike. The strike by NUM's 1,500 workers would impact operations at Venetia's new $2.3 billion underground operations, which started production in July. De Beers stopped its 30-year open pit operations at Venetia in December 2022. "We are confident that through continued engagement with the union and our employees we will reach a sustainable settlement with the NUM," De Beers said.

Persons: De Beers, NUM, Nelson Banya, Sharon Singleton Organizations: REUTERS, South Africa's National Union of Mineworkers, Commission, Conciliation, Thomson Locations: Venetia, South Africa, NUM

BUCHAREST, Romania (AP) — A two-day summit in Romania began on Wednesday that brings together 12 European Union member states situated between the Baltic, Black and Adriatic Seas, as the grouping of mostly formerly communist countries aim to boost ties and connectivity amid Russia’s war in Ukraine. The Three Seas Initiative, which is being held in the capital, Bucharest, brings together high-ranking officials from EU countries as well as representatives from partner countries and aims to improve interconnectivity in the transportation, energy, and the digital fields. Romanian Foreign Minister Luminita Odobescu tweeted Wednesday that she had “excellent discussions” with the U.S. assistant secretary of state for energy resources, Geoffrey Pyatt, about joint projects that aim to bolster regional energy security. On the sidelines of the event, Moldovan President Maia Sandu met Wednesday with Romanian Prime Minister Marcel Ciolacu. ___Stephen McGrath reported from Sighisoara, Romania.

Persons: Klaus Iohannis, isn’t, Luminita Odobescu, Geoffrey Pyatt, Odobescu, Iohannis, Maia Sandu, Marcel Ciolacu, Sandu, “, John Kerry, ___ Stephen McGrath Organizations: Union, Seas Initiative, U.S, EU, Romanian Locations: BUCHAREST, Romania, Black, Adriatic, Ukraine, Bucharest, Bulgaria, Hungary, Poland, Slovakia, Slovenia, Austria, Estonia, Croatia, Czech Republic, Latvia, Lithuania, Romanian, Moldova, Greece, Moldovan, Sighisoara

☆ Disgruntled Europeans hit out at banks for not passing on higher rates on savings
▼ + stars: | 2023-08-31 | by ( Silvia Amaro | ) www.cnbc.com time to read: +6 min

Those words from Marco Oliveira, a 50-year-old graphic designer from Portugal, underscore a deep lying annoyance in Europe with people bemoaning a lack of return on their savings despite surging interest rates. This, in practice, should translate into higher rates both on mortgages, but also on deposits. The key metric used by analysts is the deposit delta — which represents the increase in policy rates that banks pass through to the interest rates on deposits. For instance, Croatia's deposit delta is 12%, Cyprus is 30% and Portugal stands at 32%. And indeed, Portuguese banks show one of the lowest deposit delta, being the fifth worst in Europe," Teixeira said.

Persons: Marco Oliveira, Carlos Stilianopoulos, Marta Ferro Teixeira, Teixeira, Nicolas Charnay, Filipe Garcia, Banks, Garcia Organizations: Bank SA, Bloomberg, Getty, CNBC, European Central Bank, ECB, ABN Amro, ABN AMRO, P Global, P, SA, Reuters Locations: Thessaloniki, Greece, Portugal, Europe, Cyprus, France, Italy, Portuguese, Barcelona, Spain, PNL, —

BMO, which bought U.S. regional lender Bank of the West earlier this year, said provision for credit losses rose to C$492 million ($361.42 million), compared with C$136 million a year ago. The bank's earnings were also affected by severance costs of C$162 million and C$83 million in legal provisions at its capital markets unit. At Bank of Montreal, net interest income for the quarter rose to C$4.91 billion, compared with C$4.20 billion last year. At Scotiabank net interest income fell to C$4.58 billion, from $4.68 billion a year ago, largely hurt by lower corporate lending and lower loan fees. At Scotiabank, net income came in at C$2.23 billion, compared with C$2.61 billion.

Persons: Carlos Osorio, Tayfun Tuzun, BMO's, Scott Thomson, Thomson, John Aiken, BMO's Tuzun, Nivedita Balu, Pritam Biswas, Sri Hari, Shweta Agarwal, Bernadette Baum, Mike Harrison, Jonathan Oatis Organizations: Bank of Montreal, REUTERS, Bank of Nova, Bank of Canada's, BMO, Bank, Scotiabank, Barclays, Bank of, Analysts, Thomson Locations: Toronto , Ontario, Canada, Bank of Nova Scotia, Toronto, U.S, Mexico, Bank of Montreal, Bengaluru

A Royal Bank of Canada (RBC) logo is seen on Bay Street in the heart of the financial district in Toronto, January 22, 2015. The shares of the top five banks - Royal Bank of Canada , TD Bank (TD.TO), Bank of Montreal (BMO.TO), Bank of Nova Scotia (BNS.TO) and CIBC (CM.TO) - have lost between 2% and 8% so far this year. Reuters GraphicsRoyal Bank of Canada and TD Bank will kick off third-quarter results on Thursday. RBC analyst Darko Mihelic forecast a 9% third-quarter revenue decline from a year ago for the capital-market business of the large Canadian banks. Investors will also watch for any updates on Bank of Nova Scotia's (BNS.TO) turnaround plan for its international business.

Persons: Mark Blinch, Mike Rizvanovic, Darko Mihelic, Cowen, RBC's Mihelic, Nivedita Balu, Matthew Lewis Organizations: Royal Bank of Canada, REUTERS, RBC, TD Bank, Bank of Montreal, Bank of Nova, CIBC, National Bank, Toronto Stock, Bank of Canada, Reuters Graphics Royal Bank of Canada, HSBC Canada, Laurentian Bank, Thomson Locations: Toronto, dealmaking, TORONTO, Bank of Nova Scotia

Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. Shares of Estia Health were up 9.9% at A$3.12 as of 0045 GMT, their highest since Sept 2018. Bain Capital did not immediately respond to a Reuters request for comment. In June, the company updated the market on its intentions to back Bain Capital's increased offer of $A3 per share to A$3.20. "If they acquire Estia Health they may be stuck with it in the days ahead."

Persons: Kim Kyung, Estia, Bain Capital's, Gary Weiss, Estia's, Brad Smoling, Smoling, Rishav Chatterjee, Scott Murdoch, Sherry Jacob, Phillips, Stephen Coates Organizations: Bain Capital, REUTERS, Global, Estia, Bain, Virgin Australia, Australia, Health, Thomson Locations: Tokyo, Japan, Sydney, Australia, Bengaluru

☆ Wildfires spread near Croatia's Adriatic pearl of Dubrovnik
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +1 min

SARAJEVO, July 25 (Reuters) - Firefighters battled wildfires that were spreading in the area south of the Croatian Adriatic city of Dubrovnik late on Tuesday, with strong southerly winds preventing deployment of aircraft and landmines exploding, local media reported. "A hurricane southern wind blowing in the Dubrovnik-Neretva canton has fuelled a widespread open space fire in the area of the Dubrovnik Plat community," the Croatian Firefighters Community (HVZ) said on its website. The area affected by fire is just 12 kilometres (7.5 miles) from the medieval Mediterranean town of Dubrovnik, a top tourist destination in Croatia. Another bushfire occurred in the Split-Dalmatian county on Tuesday, with 65 firefighters and three aircraft battling the flames. Also on Tuesday, two people drowned and several were injured in neighbouring Montenegro when strong southern winds hit its coast, port authorities in the towns of Ulcinj and Petrovac said.

Persons: Petrovac, Daria Sito, Aleksandar Vasovic, Bill Berkrot Organizations: Firefighters, Croatian Firefighters, Canadair, Local, Thomson Locations: SARAJEVO, Croatian Adriatic, Dubrovnik, Neretva, Croatia, Local Dubrovnik, Du, Dalmatian, Montenegro, Ulcinj, Europe

☆ Swiatek remains on course after beating Martic
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +1 min

Service breaks were traded early in the first set before Swiatek reeled off four games in a row. The 30th seed Martic kept in touch with Swiatek early in the second set but again the world number one managed to find some extra gears to move towards victory. Martic had managed to win just seven games in two previous meetings with Swiatek but doubled that total after she saved a match point at 3-5 before breaking the Swiatek serve to love. "I'm happy I could close it out at the end of the second set," the 22-year-old Swiatek, who has been world number one for 67 successive weeks, said on court. "Belinda is playing a great game and it's never going to be easy in the fourth round of a slam."

Persons: Iga, Croatia's Petra Martic, Andrew Couldridge, Iga Swiatek, Belinda Bencic, Swiatek, Martic, Belinda, it's, Martyn Herman, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Croatia's Petra Martic REUTERS, Wimbledon, Service, Thomson Locations: London, Britain, Swiss

☆ Yevgeny Prigozhin's future — what could be next for Russia’s mutinous mercenary chief
▼ + stars: | 2023-06-28 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Yulia Morozova | ReutersOnce a close ally and caterer to Russian President Vladimir Putin, Yevgeny Prigozhin now finds himself exiled to Belarus after leading his private mercenary group in an armed mutiny against the Russian military. Despite the apparent amnesty granted in exchange for halting the offensive, Eurasia Group President Ian Bremmer told CNBC on Monday that Prigozhin is a "dead man walking." watch nowIn the absence of further details on the deal struck between Prigozhin and the Kremlin, analysts are broadly uncertain as to what the future holds for the Wagner Group and its leader. Atlantic Council CEO Fred Kempe told CNBC's "The Exchange" that this would not be a "one-act play" for either the Russian president or his former friend. Kempe mused, adding that the unknowns at this stage are the most important aspect of Prigozhin's banishment.

Persons: Wagner, Yevgeny Prigozhin, Maxim Fomin, Vladlen Tatarsky, Yulia Morozova, caterer, Vladimir Putin, Prigozhin, Alexander Lukashenko, Ian Bremmer, Putin, Fred Kempe, CNBC's, Will Prigozhin, Kempe, Christopher Granville, Granville, Russia Michael McFaul, I'm, who's Organizations: Reuters, Wagner Group, Eurasia Group, CNBC, Kremlin, Atlantic, EMEA, TS Lombard, Former U.S Locations: St Petersburg, Moscow, Russia, Russian, Belarus, Rostov, Prigozhin, Africa, Syria, Ukraine

☆ After Wagner mutiny, jailed Kremlin critic Navalny asks who is the real extremist?
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +3 min

In tweets posted by his aides, Navalny said he had been allowed no radio or conversations in his penal colony since June 1. "Instead the prosecutor came in and we continued the trial in which I stand accused of forming an organization to overthrow President (Vladimir) Putin by violent means," Navalny said. He blamed Putin squarely for the mutiny by the Wagner mercenary force that was allowed to recruit hardened convicts in exchange for promises of pardon and that the president allowed to become powerful. Navalny is serving 11-1/2 years for fraud and contempt of court on charges that he says were trumped up to silence him. He is now on trial on charges including creation of an extremist organisation and making public appeals to commit extremist activity.

Persons: Alexei Navalny, Navalny, Read, Alexey Navalny, Wagner, Vladimir, Putin, Vladimir Putin's, Sergei, Shoigu, Kevin Liffey, Cynthia Osterman Organizations: Court, ACF, Corruption, Thomson Locations: Moscow, Russia

☆ Two-time champion Kvitova warms up for Wimbledon with German Open title
▼ + stars: | 2023-06-25 | by ( ) www.reuters.com time to read: +2 min

The 33-year-old Czech, who also beat Vekic en route to victory at the Miami Open this year, earned her 31st career title. The left-hander looked completely at ease on the surface as she captured her sixth title on grass, more than any other active WTA player, in a warning to her rivals ahead of Wimbledon. "I love grass, I love you," Kvitova told a thinning crowd at the Steffi Graf stadium. Kvitova found herself a break down early in the second set but battled back from 5-3 and moved 6-5 up with an ace. Vekic, who has shot up the rankings from 69th to 23rd this season following an Australian Open quarter-final spot and a title in Monterrey, forced a tiebreak.

Persons: Petra Kvitova, Croatia's Donna Vekic, Lisi Niesner BERLIN, Donna Vekic, Kvitova, Steffi Graf, Donna, Vekic, Karolos, Christian Radnedge, Hugh Lawson Organizations: Tennis Club, Wimbledon, Miami, Eastbourne, Croat, Thomson Locations: Berlin, Germany, Czech, Croatia, London, Wimbledon, Monterrey

☆ Vekic plays twice, beats sixth-seed Sakkari to reach German Open final
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +1 min

The 26-year-old had first beaten lucky loser Elina Avanesyan in straight sets in their quarter-final on Saturday morning after play was cancelled due to heavy rain on Friday. Vekic made it two wins from her Saturday matches on her fourth match point with another forehand winner flying past her opponent, who also had to play twice in a day, having earlier beaten Marketa Vondrousova in her last-eight match. Sakkari has now lost all five of her semi-finals this season. Vekic will face either Russian Ekaterina Alexandrova or Czech Petra Kvitova in Sunday's final. Reporting by Karolos Grohmann; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Donna Vekic, Greece's Maria Sakkari, Lisi Niesner BERLIN, Maria Sakkari, Elina Avanesyan, Sakkari, Vekic, Marketa Vondrousova, Ekaterina Alexandrova, Czech Petra Kvitova, Karolos Grohmann, Ken Ferris Organizations: Tennis Club, Thomson Locations: Berlin, Germany, Greece, Czech

They are to be built on some of the 33,000 hectares (330 square km) of former coal mines in Lusatia by 2030. The plans are emblematic of the drive by Chancellor Olaf Scholz's government to accelerate the phase-out of coal power towards a carbon neutral economy by as early as 2030 versus the agreed target of 2038. Many of LEAG's 8,000 coal workers are expected to retire by 2030 or retrain in renewable energy. Only 18% of locals believe politicians are doing enough to counteract the consequences of the coal phase-out, a survey published in May by broadcaster rbb showed, while 70% worry electricity could become expensive. "It is fundamentally unrealistic that the coal phase-out can be achieved in 2030," Christine Herntier, mayor of the town of Spremberg, told Reuters.

Persons: LEAG, Chancellor Olaf Scholz's, Ute Liebsch, Liebsch, Knut Abraham, Abraham, rbb, Christine Herntier, Rainer Schiller, Schiller, Ben Schueppel, Ingolf Arnold, Matthias Williams Organizations: Green, Reuters, Park, Thomson Locations: Berlin, FORST, Germany, Czech, Lusatia, Brandenburg, Saxony, Spremberg, Herntier

☆ Longevity pioneer Peter Attia explains why the quest to live longer is constrained by the US healthcare system
▼ + stars: | 2023-06-19 | by ( Blake Dodge | ) www.businessinsider.com time to read: +6 min

The ultra-wealthy are betting on tech and science breakthroughs to live longer. Longevity expert Dr. Peter Attia explained why preventative care like that still isn't widespread. The ultra wealthy have been shelling out to live longer for some time. In his view, there's a key obstacle standing in the way of your long-term health, ironically: the U.S. healthcare system. Attia's definition of longevity is a function of lifespan, the number of years you live, and healthspan, how well you can live them.

Persons: Peter Attia, There's, podcaster Rich, Attia, Rich —, Bryan Johnson's, Jeff Bezos, Peter Thiel, OpenAI's Sam Altman, we'll, it's, Rich Roll, Stefanie Keenan, Roll Organizations: Morning, Aetna, Tech, IWC Schaffhausen, behemoth Locations: U.S, Los Angeles, Canada

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