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☆ Kylian Mbappé reinstated into PSG’s first-team squad after ‘positive talks’ with the club
▼ + stars: | 2023-08-13 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Kylian Mbappé has been reinstated into the Paris Saint-Germain first-team after being frozen out of the squad during its preseason tour of Japan, amid his ongoing transfer saga. The 24-year-old has been training separately from the first team while his standoff with the club rumbles on. “Following very constructive, positive talks between PSG and Kylian Mbappé before the game vs Lorient, the player has been reinstated into the first team training squad this morning,” PSG said in a statement on Sunday. Mbappé watched PSG's league opener against Lorient from the stands on Saturday. It’s not yet clear whether Mbappé will sign a new deal at the club.

Persons: Kylian Mbappé, Germain, Frenchman, ”, Mbappé, Nasser Al, Khelaifi, Christophe Saidi, Al Hilal, It’s Organizations: CNN, Paris Saint, Lorient, PSG, ” PSG, Saudi, Real Madrid Locations: Paris, Japan, Saudi Arabian, Al

☆ Seine-Nord Europe Canal: The $5.5B canal that will connect Paris to European waterways – and dig up the Western Front
▼ + stars: | 2023-07-11 | by ( Tom Page | ) edition.cnn.com time to read: +9 min

After multiple false starts and much political back and forth, work is underway on the Seine-Nord Europe Canal (SNEC), a €5.1 billion ($5.5 billion) project designed to break up one of the continent’s major transport bottlenecks. Environmental impactThe Oise River is currently being redirected for 4 kilometers as part of ongoing canal construction. A new extension will be constructed to accommodate further war dead, including those discovered during the construction of the canal. Inland ports are planned along the SNEC route, aiding exports, as well as providing recreational opportunities, say its designers. Despite the canal’s stop-start history, the Société du Canal Seine-Nord Europe is confident its construction timeline can be met and the canal will become operational in 2030.

Persons: ’, ”, Jérôme Dezobry, Philippe Bourdon, Dezobry, Montmacq, ” Dezobry, Bourdon, “, ” Claire Horton, Xavier Bertrand Organizations: CNN, European Union, EU, Commonwealth, Commission, CWGC, Loos British, Hauts Locations: France, Nord Europe, Dunkirk, Escaut, Paris, Belgium, Netherlands, Luxembourg, Compiègne, Aubencheul, Nord, Seine, Oise, Allaines, Thourotte, ”, Somme, Péronne, Cambrai, Beaurains, Loos, Pas, Calais, Loos British, Antwerp, de

☆ A Hollywood Diner Becomes a Writers’ Room of a Different Sort
▼ + stars: | 2023-07-11 | by ( Corina Knoll | More About Corina Knoll | ) www.nytimes.com time to read: 1 min

They are usually fresh off the picket lines when they sink into plaid booths behind red Formica tables, or pull up to the terrazzo countertop, not far from the jukebox that switches from Sam Cooke to Joan Jett. The room rumbles with their chatter, their laughter. Their emergency savings are dwindling, but hey, sitting together over free milkshakes and tuna melts, things don’t feel so bad. Such is the daily scene at Swingers, a beloved retro diner in Los Angeles where the lunch and dinner crowds are dominated by Hollywood writers still on strike. For more than two months, they have fought studios for better wages and job security, and there is no hint of an agreement on the horizon.

Persons: Sam Cooke, Joan Jett Organizations: Hollywood Locations: Swingers, Los Angeles

July 5 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Traders will also have Japanese, Australian and Indian services PMIs to digest, as well as the latest inflation data from Thailand and the Philippines, and can expect trading volume to return to more normal levels after the July 4 U.S. holiday. Service sector activity, however, has held up reasonably well and has expanded every month this year, according to the PMI data. This comes ahead of a planned visit to Beijing by U.S. Treasury Secretary Janet Yellen this week. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Jamie McGeever, Janet Yellen, Alistair Bell Organizations: Service, PMI, U.S, Treasury, Reserve Bank of Australia, PMIs, Thomson, Reuters Locations: U.S, Thailand, Philippines, Beijing, Tokyo, Japan, China, India, Australia

☆ Peru to declare emergency status as Ubinas volcano rumbles
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +1 min

LIMA, July 3 (Reuters) - Peru will declare emergency status in the area around the Ubinas volcano in the southern region of Moquegua, the prime minister said on Monday, as the country's most active volcano has been spewing ash for several days. Southern Peru, an area where there are important mining sites, is home to a dozen active volcanoes. Peru is also in the so-called Pacific "Ring of Fire," an area with a high incidence of earthquakes and volcanic activity. Prime Minister Alberto Otarola told reporters at the Government Palace that the emergency status will probably be declared in the next few days in order to provide "the necessary prevention measures" for the region. Peruvian authorities in 2019 evacuated hundreds of people living near the Ubinas volcano after explosions and ashes emissions.

Persons: Alberto Otarola, INDECI, Marco Aquino, Carolina Pulice, Grant McCool Organizations: National Institute of Civil Defense, Reuters Television, Thomson Locations: LIMA, Peru, Moquegua, Southern Peru

☆ On a Caribbean Island, Young People Find Freedom in ‘Bike Life’
▼ + stars: | 2023-06-22 | by ( Cédrine Scheidig | Steven Moity | ) www.nytimes.com time to read: +1 min

On a warm evening in October 2021, Enzo Crispin mounted his cobalt motorcycle and set off into the night. Hundreds of others joined his caravan, the rumbles of their engines filling the air of Fort-de-France, the capital of the French Caribbean island territory of Martinique. They are banned in Martinique; participating in one can be punishable by a year in prison and a 15,000 euro fine. Most of the cabrage riders are men in their late teens to 20s. It’s a moment when you only think of yourself, no one else.” (All interviews have been translated from French.)

Persons: Enzo Crispin, Enzo, hasn’t, Aliker, ”, “ Organizations: Stade Pierre Locations: Fort, de, France, French, Martinique

☆ Ticketmaster issued more than 1 million queue numbers for Coldplay's Singapore concert. Rumbles of fury at the platform are rolling through Twitter as people say they got frozen out of purchases.
▼ + stars: | 2023-06-19 | by ( Amanda Goh | Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Ticketmaster issued more than 1 million virtual queue numbers for Coldplay's "Music of the Spheres" concert in Singapore. This is not the first time Ticketmaster has fumbled the ticketing experience for a big concert. Pre-sales for the concert started on Monday at 10 a.m. SGT, per a tweet from the concert organizer, Live Nation Singapore. About 1 million virtual Ticketmaster queue numbers were issued in total, local newspaper The Straits Times reported. Coldplay and Ticketmaster Singapore did not immediately respond to requests for comment from Insider.

Persons: — bev ng, Taylor, Swift stans, Alexandria Ocasio, Cortez Organizations: Ticketmaster, Twitter, Morning, Coldplay, National, of Singapore, Live Nation, The Straits Times, Nation Singapore, New York Rep, Eurovision, BTS Army, Ticketmaster Singapore Locations: Singapore, Live Nation Singapore, Alexandria

☆ France's Macron seeks to show he's no lame duck as pension discontent rumbles on
▼ + stars: | 2023-06-08 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

France's President Emmanuel Macron looks on in a meeting with JP Morgan CEO during the 5th edition of the "Choose France" Business Summit, in Versailles, southwest of Paris, on July 11, 2022. Around 8,000 demonstrators took to the streets of Toulouse, France, on June 06, 2023, protesting against the government. "They know Macron has no alternative than to rely on them, making it almost impossible to develop the centrist domestic project," he said. This is largely attributable to Macron's agenda," Schmieding said, adding France was replacing Germany was the most dynamic major European economy. French President Emmanuel Macron and Chinese President Xi Jinping shake hands at a Franco-Chinese business council meeting in Beijing, China April 6, 2023.

Persons: Emmanuel Macron, Morgan, Ludovic Marin, Chancellor Olaf Scholz, Macron, Renaud Foucart, Foucart, Les Republicains, Mujtaba Rahman, Rahman, Bruno Le Maire, Elon Musk, Holger Schmieding, Schmieding, Xi Jinping Organizations: Business, Afp, Getty, Nurphoto, Lancaster University, Eurasia Group, Macron, Finance, EU, U.S, Elon Locations: Versailles, Paris, Germany, Union, Toulouse, France, China, Ukraine, Europe, Beijing

☆ Premarket stocks: What happens above 5%? The Fed's big risk
▼ + stars: | 2023-05-03 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

However, job openings that month tumbled to their lowest level since May 2021, according to data released Tuesday. The shifting landscape paved the way for the collapse of Silicon Valley Bank in March and First Republic Bank this week. By blessing JPMorgan’s takeover of First Republic Bank, the Democratic US senator fears federal regulators just made the “too big to fail” problem even worse. To the relief of investors and bank customers, the JPMorgan deal protects all of First Republic’s depositors. The decision to invest in food and grocery delivery during the pandemic has become a big advantage for Uber.

☆ Opinion: We want a choice instead of Charles
▼ + stars: | 2023-05-01 | by ( Opinion Graham Smith | ) edition.cnn.com time to read: +5 min

CNN —When King Charles rumbles up the road from Buckingham Palace in his horse drawn carriage on May 6, off to his coronation, I will be nearby, protesting for the abolition of the British monarchy. According to a recent Savanta poll, support for abolition – that is, Britain having an elected head of state – is close to a third. Protesters hold signs reading "Not My King" behind well wishers gathered for the arrival of King Charles III and Queen Consort Camilla at the Liverpool Central Library on April 26, 2023. So, when we shout “Not My King!” at Charles, it is a proud statement of democratic principle – that we recognise no person’s claim to be above us because of birth. On May 6 it’s about saying very clearly, we want an election instead of a coronation, and a choice instead of Charles.

At about 8.30 a.m. shooting started at the Soba military camp in the south of Khartoum, according to three eyewitnesses and an advisor within Dagalo's paramilitary Rapid Support Forces (RSF). Burhan's air force was studying where the RSF was gathered, using coordinates provided by the army, two military sources told Reuters, describing plans that have not previously been reported. The RSF, meanwhile, had been locating more and more gunmen at Soba and other camps across Khartoum, the same military sources said. The army also established a small committee of senior generals to prepare for a possible conflict with the RSF, the same sources said. Both the army and the RSF were quick to blame the other publicly for sparking the violence and attempting a power grab.

☆ Riding with the woman in charge of America’s last muscle car
▼ + stars: | 2023-04-22 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

I could take a ride in what will soon be America’s last gasoline-powered muscle car with the woman who’s in charge of getting it into production and onto the street. Courtesy FordTransou and others at Ford will tell you there is an electric Mustang, the Mustang Mach-E SUV. As we took off, there was a burst of speed and throaty V8 engine noise as we blasted down Manhattan’s 10th Avenue. First, it’s the only actual car Ford currently sells in the United States. About 40% of V8 Mustang buyers get a manual transmission, she said, going for that truly classic driving experience.

☆ Around the world, charges are no barrier to high office
▼ + stars: | 2023-04-04 | by ( Caolán Magee | ) edition.cnn.com time to read: +6 min

But charges have often not been a barrier to holding political office. Israel’s Benjamin NetanyahuIsraeli Prime Minister Benjamin Netanyahu in Berlin, March 16, 2023. The prime minister is also currently facing a corruption trial, on charges of fraud, bribery and breach of trust. Lula has called the charges a “farce,” claiming the charges were politically motivated. Angelo Carconi/Associated PressThe flamboyant Italian tycoon was a serial prime minister until standing down in 2011.

Persons: Donald Trump, Israel’s Benjamin Netanyahu, Benjamin Netanyahu, Sean Gallup, Netanyahu, Israel’s, Brazil’s Luiz Inácio Lula da Silva, Luiz Inácio Lula Da Silva, Ulysses Guimarães, Andressa Anholete, Lula, Jair Bolsonaro, Argentina’s Cristina Fernández de Kirchner, Cristina Fernández de Kirchner, Luis Robayo, Fernández de Kirchner, ”, Malaysia’s Anwar Ibrahim Malaysia's, Anwar Ibrahim, Arif Kartono, Anwar, –, Italy’s Silvio Berlusconi Silvio Berlusconi, Angelo Carconi, Berlusconi Organizations: CNN, Trump, Brazil’s Luiz Inácio Lula da Silva Brazilian, Centro de, Petrobras, Getty, Alliance of Hope, Associated, Italy’s Senate Locations: Israel’s Benjamin Netanyahu Israeli, Berlin, Brasilia, Brazil, America, La Plata, Argentina, AFP, Permatang, Malaysia's Penang, Malaysian, Malaysia, Rome, Italy, Italy’s

☆ Comeback kings Real at it again as Champions League love affair rumbles on
▼ + stars: | 2023-02-21 | by ( Peter Hall | ) www.reuters.com time to read: +3 min

LIVERPOOL, England, Feb 21 (Reuters) - Real Madrid always seem to save their best for Europe, with Liverpool the latest victims of the Champions League's comeback kings in a remarkable 5-2 defeat at Anfield on Tuesday. Real's failure to lie down and accept their fate was key to them securing a 14th Champions League crown last season and it seems they have not lost their touch. While Liverpool were in many respects architects of their own downfall, Real have a history of saving their best for when they are up against it and the Champions League brings out the best in them. Two last-gasp goals from Rodrygo took the tie to extra time, with Karim Benzema finishing an astonishing comeback with a decisive penalty. "I told the boys directly after the game a defeat is a defeat if you don't learn from it," Klopp said.

☆ Take Five: The Bottom Line
▼ + stars: | 2023-02-03 | by ( ) www.reuters.com time to read: +5 min

Australia and India's central banks are navigating the shifting sands of data and markets are digesting what the world's top central banks have to offer. The question is what impact this will have on bonds and stocks markets after a stellar January? Reuters Graphics4/ RUN RALLY, RUNIt was a stellar start to 2023 for markets - stocks and government bonds enjoyed one of the best Januaries on record, fuelled by optimism that the worst is over. That's not good for a central bank, nor is the idea that their communication is ineffective. Policy rate hikes and cuts by central banks overseeing the 10 most traded currencies.

The slogan reads "No to the Macron's pension reform". In what could prove a prolonged standoff, unions and their members are seeking to minimise the impact on personal finances already strained by the worst cost of living crisis in decades. French unions generally do not have permanent strike funds to help members cope, though some will set up occasional kitties financed by donations for a specific cause. While it is generally used to cover legal fees and compensate workers in local strikes, members are now clamouring for it to help cover lost pay during the pension strikes. However, even before the cost of living crisis, French unions have struggled to resist government reform plans in the decades since massive strikes in 1995 successfully forced a conservative government to drop a pension overhaul.

☆ Morning Bid: Grinch (re)appears
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +2 min

And so the safe-haven U.S. dollar is back on the prowl, with Asian shares (.MIAPJ0000PUS) set to end in the red for a second straight week. Investors will now focus on U.S. personal consumption expenditures data, due later on Friday, which will provide more clues on the direction of inflation as traders look ahead to 2023. Some are clinging to the hope that central banks will likely pause interest rate hikes next year in the face of an economic slowdown. But as Generali Investments strategists put it, central banks are still showing their teeth, committed to tackling inflation, and an outright policy pivot looks distant. In the corporate world, chip stocks slumped worldwide after Micron's (MU.O) dour forecast on what the chipmaker called a "significant supply demand mismatch".

☆ Morning Bid: On the fence
▼ + stars: | 2022-11-23 | by ( Steve Scherer | David Ljunggren | ) www.reuters.com time to read: +2 min

The market has been looking, almost clamouring, for signs of slowdown in the pace of interest rate hikes. And so, the dollar remains on guard, Asian equities mostly tracked Wall Street gains and gold stayed flat . The tentativeness among investors is in stark contrast with the soccer world, which remains in shock after Saudi Arabia came from behind to beat Lionel Messi's Argentina in the World Cup. The central bank warned the economy might have to spend an entire year in recession to bring inflation under control. The first bankruptcy hearing for FTX showed that the collapsed crypto exchange has been the subject of cyberattacks and had "substantial" assets missing.

☆ Morning Bid: A missile and a manifesto
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Ankur BanerjeeU.S President Joe Biden said a missile that killed two people in Poland may not have been fired from Russia. Meanwhile, Donald Trump launched a bid to regain the presidency in 2024, a move that was widely expected and telegraphed. "Two years ago, we were a great nation and soon we will be a great nation again," he said in a speech that lasted little more than an hour. Britain is due on Wednesday to release inflation data for October that is expected to show consumer prices up 10.7% on a year earlier. Meanwhile, the Wall Street Journal reported that lender BlockFi was planning layoffs and a possible bankruptcy filing.

☆ Brian Eno Reveals the Hidden Purpose of All Art
▼ + stars: | 2022-11-14 | by ( David Marchese | ) www.nytimes.com time to read: +19 min

I think I’m still answering it. I’m absolutely fascinated by this question, because I think I have an answer, and I don’t think it has ever been well answered. Since we’re talking about how things work: How do you want your new album to work for people? You have to take that on board as being one of the things that’s happening in culture and quite different from the story that we’re generally hearing. I don’t think many people take that as seriously as I do.

☆ Hawaii’s Big Island warned to be ready as huge volcano rumbles
▼ + stars: | 2022-10-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

HONOLULU — Hawaii officials are warning residents of the Big Island that the world’s largest active volcano, Mauna Loa, is sending signals that it may erupt. Hawaii’s civil defense agency is holding meetings across the island to educate residents about how to prepare for a possible emergency. “Not to panic everybody, but they have to be aware of that you live on the slopes of Mauna Loa. Molten rock flows from Mauna Loa, located on the south-central part of the island of Hawaii, on April 4, 1984. Alternatively, the temblors could subside and Mauna Loa may not erupt this time.

☆ Reactions: UK's Truss fires Kwarteng, set to U-turn on tax cuts
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +5 min

LONDON, Oct 14 (Reuters) - British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng and news reports said she will scrap later on Friday parts of the economic programme of big, unfunded tax cuts that they delivered last month. Consequently, the scope for a rally in gilts (move lower in yields) and sterling would seem to be limited." BENJAMIN NABARRO, ECONOMIST, CITI"The key issue in the near term is the contradiction between monetary and fiscal policy. RACHEL REEVES, OPPOSITION LABOUR PARTY'S FINANCE CHIEF"This humiliating u-turn is necessary - but the real damage has already been done. We may well be through the worst of the volatility but I fear that the UK is nowhere near out of the woods."

☆ UK consumer spending lags far behind inflation, BRC and Barclaycard surveys show
▼ + stars: | 2022-10-10 | by ( Andy Bruce | ) www.reuters.com time to read: +1 min

LONDON, Oct 11 (Reuters) - British consumer spending grew last month at a rate that lagged behind inflation by a long way, according to surveys on Tuesday that underlined the risk of recession as the cost-of-living crisis rumbles on. Barclaycard said spending on its credit and debit cards rose 1.8% year-on-year in September, the weakest reading since February 2021 and far behind the annual 9.9% increase in consumer prices in August. Nine out of ten people surveyed by Barclaycard from Sept. 23-26 said they were concerned by rising household energy bills. "While UK retail sales grew in September, this represented another month of falling sales volumes given high levels of inflation," said Helen Dickinson, the BRC's chief executive. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andy Bruce; editing by David MillikenOur Standards: The Thomson Reuters Trust Principles.

☆ Dollar dishes the pain as selloff rumbles on
▼ + stars: | 2022-09-29 | by ( Marc Jones | ) www.reuters.com time to read: +6 min

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. "The market wouldn't mind some stability, it has become a little bit unpredictable," said Barings Investment Institute's Chief European strategist, Agnes Belaisch. "We are facing difficult economic times," Truss, who only took over as UK Prime Minister this month, said on local BBC radio. U.S. GDP fell at an unrevised 0.6% annualized rate last quarter, the government said in its third estimate of GDP. read moreRecession angst combined with supply issues and the strong dollar meant oil prices see-sawed after gaining more than $3 in the prior session.

☆ India is the 'best bet' in the global economy, says conglomerate exec
▼ + stars: | 2022-09-20 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The India chairman of conglomerate Hinduja Group said he's bullish on India, which he called "the very great emerging, fast moving market." The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. "The credit goes to our prime minister," he said, referring to Prime Minister Narendra Modi. Tensions between India and China sharpened in 2020 after their troops clashed on a shared border, and remain strained. More recently, Western countries have criticized India for increasing its purchases of Russian oil as that country's invasion Ukraine rumbles on.

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