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The letter did not disclose either how much Berlin had proposed in state help, or by how much this had been reduced. The conflict lays bare how much industrial heavyweights depend on aid to decarbonise their businesses as well as the need for governments to approve subsidies quickly to avoid companies from shifting investments or stopping them altogether. Thyssenkrupp in August made the investment decision for the so-called direct reduction iron (DRI) site at its steel base in Duisburg, provided substantial subsidy commitments by the state of North Rhine-Westphalia and Berlin were fulfilled. Tekin Nasikkol, who heads the works council of Thyssenkrupp Steel Europe, told Reuters last week that Berlin needed to quickly approve hundreds of millions in subsidies for the site, adding workers' patience had run out. ($1 = 0.9084 euros)Reporting by Tom Kaeckenhoff; Additional reporting by Christoph Steitz and Christian Kraemer; Editing by Friederike HeineOur Standards: The Thomson Reuters Trust Principles.
DUESSELDORF, May 17 (Reuters) - Thyssenkrupp's <TKAG.DE> labour bosses cranked up the pressure on Berlin to help fund a 2 billion euro ($2.2 billion) green steel production site, warning in a letter to Economy Minister Robert Habeck that a further cut could choke off the project. Reducing subsidies further would trigger a "massive discussion" within Thyssenkrupp's supervisory board over whether to pull the plug on the investment, the letter, dated May 17 and co-signed by the group's deputy chairman Juergen Kerner, said. Thyssenkrupp in August made the investment decision for the so-called direct reduction iron (DRI) site at its steel base in Duisburg, provided substantial subsidy commitments by the state of North Rhine-Westphalia and Berlin are being paid. Thyssenkrupp <TKAG.DE> and the economy ministry had no immediate comment. ($1 = 0.9084 euros)Reporting by Tom Kaeckenhoff; Additional reporting by Christoph Steitz and Christian Kraemer; Editing by Friederike HeineOur Standards: The Thomson Reuters Trust Principles.
May 16 (Reuters) - Liverpool manager Juergen Klopp urged his team to keep the pressure on their Premier League rivals in the last two games of the season as they make a late charge for a top-four finish. Liverpool secured Europa League football for next season after Monday's 3-0 win at Leicester City and sit one point behind fourth-placed Manchester United and third-placed Newcastle United, though both teams have a game in hand each. Klopp, whose side are now on a seven-game winning streak, said six weeks ago he had doubts about their chances of playing in Europe next season. "... You wish anyway that the opponent was just losing and you have that kind of pressure off your shoulder. Liverpool host Aston Villa on Saturday before a trip for their final match to Southampton, whose relegation has been confirmed.
Newcastle drop points in top-four race, Southampton down
  + stars: | 2023-05-13 | by ( ) www.reuters.com   time to read: +4 min
LEEDS, England, May 13 (Reuters) - Newcastle United suffered more jitters in their quest to finish in the Premier League's top four as they drew 2-2 at relegation-threatened Leeds United but Southampton's agony is over after being relegated on Saturday. Leeds defender Rasmus Kristensen's second-half equaliser denied Newcastle the victory that would have all but assured them a place in next season's Champions League. Southampton have 24 points from 36 games, 19th-placed Leicester City have 30 from 35 with Leeds on 31 points from 36 games and Everton on 32 from 35. Newcastle striker Alexander Isak was then hacked down by Maximillian Wober and Callum Wilson converted from the penalty spot. Newcastle were awarded a second penalty midway through the second half when Firpo handled and Wilson proved deadly once again.
May 6 (Reuters) - Liverpool will look to bring in new recruits in the close season transfer window but the Premier League club will not be drawn into bidding wars on players they feel are overpriced, manager Juergen Klopp said. British media last month reported that Liverpool ended their pursuit of England international Jude Bellingham, who had been the club's top transfer target ahead of an overhaul next season following a disappointing campaign. Asked what Liverpool's approach would be if clubs demand inflated transfer fees for targets, Klopp told reporters: "We cannot buy the player then". I am pretty sure we will bring in the players we want and those who will help us. Liverpool, who are fifth in the Premier League standings, host Brentford later on Saturday.
Top-four finish not in Liverpool's hands, says Klopp
  + stars: | 2023-05-05 | by ( ) www.reuters.com   time to read: +2 min
"Other teams are in much better positions, as long as they win games we have no chance," Klopp told reporters ahead of Saturday's clash against ninth-placed Brentford. We have 59 points and United has 63, so we can get 71 maximum (at the end of the season). The way they played over this season, the top four teams, no one looks like losing more games than they win, Klopp said. James Milner is expected to leave Liverpool after eight years at the end of the season and Klopp described how highly he valued the 37-year-old midfielder. Klopp said Diogo Jota and captain Jordan Henderson will be assessed ahead of the match while Roberto Firmino remains sidelined.
The pair were also brought in to try to save their teams from the threat of relegation this season. The match is a departure from the usual rules that ban the TV screening of live games on Saturday afternoon. Watching avidly no doubt will be everyone at Arsenal, hoping Leeds can do them an unlikely favour as the Gunners cling to the fading hope of their first league title since 2004. A loss at third-placed Newcastle coupled with a City win over Leeds would all but end Arsenal's title challenge. They are third with 65 points, six ahead of fifth-placed Liverpool, who have played a game more.
Klopp was handed a yellow card for celebrating Diogo Jota's 94th-minute winner by running towards the fourth official John Brooks at Anfield, where the German also injured himself in the process. After the game, Klopp accused referee Paul Tierney of having something "against" Liverpool but the referee's body PGMOL reviewed the audio of Tierney and said he acted in a professional manner throughout. But in the moment, I just described my feelings," Klopp told reporters on Tuesday ahead of Wednesday's game against Fulham. "I couldn't get close to the fourth official and I didn't want to get close to the fourth official, and then I pulled my muscle. Klopp, who could face a ban, has been punished for comments about referees in the past.
LIVERPOOL, England, April 30 (Reuters) - Diogo Jota scored deep in stoppage-time as Liverpool clinched a 4-3 victory over Tottenham Hotspur in a barely-believable Premier League thriller at Anfield on Sunday. The Portuguese substitute struck in the fourth minute of added time, one minute after Tottenham substitute Richarlison thought he had earned his side an unlikely point. There was one final twist though as Jota latched on to a mistake by Lucas Moura and fired low past Fraser Forster to spark pandemonium on the touchline. Liverpool manager Juergen Klopp appeared to pull his hamstring as he celebrated manically and was also shown a yellow card in the most bizarre of climaxes. To make matters worse for Tottenham they felt Jota should have been red-carded for an earlier high boot that caught Oliver Skipp's head that was only punished with a yellow.
Liverpool boss Klopp wary of Spurs threat
  + stars: | 2023-04-29 | by ( ) www.reuters.com   time to read: +2 min
On Sunday, Liverpool host European qualifying rivals Spurs, who are without a win in their last three games and were humbled by third-placed Newcastle last Sunday, conceding five goals in the opening 21 minutes. I had something else to do, wanted to watch the game a bit later, when I came back it was 5-0," Klopp told reporters. "I honestly thought something was wrong with the television screen, something like a joke or something like that. Spurs are fifth in the league standings with 54 points but seventh-placed Liverpool can overtake them with a win at Anfield. The odds will be heavily stacked against Spurs, who have won just once in their last 20 league games against Liverpool, but Klopp said he was wary of the wealth of talent within the Spurs squad.
April 28 (Reuters) - According to some of the headlines after Manchester City's crushing defeat of title rivals Arsenal this week the sky blue ribbons can already be fastened to the Premier League trophy. But City boss Pep Guardiola is too long in the tooth to assume a fifth league title in six seasons is now a formality. It was their seventh successive league win and left them two points behind Arsenal with two games in hand, having trailed by eight not long ago. The two clubs immediately above Saints, Everton and Leicester City, meet on Monday in a true 'six-pointer'. Liverpool are seeking a fourth successive win and, belatedly, have joined the Premier League party.
BERLIN, April 27 (Reuters) - Borussia Dortmund have five more steps to take to lift their first Bundesliga title in 11 years, coach Edin Terzic said on Thursday, with his team ready for the season's crunch period. They visit VfL Bochum in the mini Ruhr derby on Friday while Bayern are in action at home to Hertha Berlin on Sunday. We have to take five more steps and the next one is tomorrow," Terzic told a news conference. We play tomorrow against Bochum and we can improve our situation tomorrow only if we bag the three points," he added. They also have to play VfL Wolfsburg, Borussia Moenchengladbach, Augsburg and Mainz 05.
Cost inflation rose during the COVID-19 pandemic and was exacerbated by Russia's invasion of Ukraine, which sent energy prices to record highs last year. Energy costs have since dropped, however, while global prices for some commodities are rising more slowly. Companies like Nestle (NESN.S), Reckitt Benckiser (RKT.L) and Danone (DANO.PA) continued to raise prices sharply in the first quarter even though input costs are easing. First quarter price/mix, a basket of variables the company uses to help determine what prices to charge, rose 12.4% while sales volumes declined 4.5%. Similarly, Nestle increased its prices by 9.8% during the quarter and sales volumes - which the company calls real internal growth - fell only 0.5%.
PARIS, April 26 (Reuters) - Danone (DANO.PA), the world's largest yoghurt-maker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and first-quarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a moderate improvement in recurring operating margin for the year. The maker of Activia yoghurt, Evian water and Aptamil infant milk said it expected like-for-like 2023 sales growth of between 4% and 6%, having previously forecast 3%-5% growth. Danone increased its prices by 10.3% during the quarter while sales volume remained positive, up 0.2%. In China, Infant Nutrition, and also Adult and Pediatric Specialties made a particularly strong start to the year with double-digit growth.
LONDON, April 26 (Reuters) - A bullet header from Joel Matip gave Liverpool a 2-1 Premier League win over West Ham United that moved them above Tottenham Hotspur and back into the European places after a frenetic end-to-end game at the London Stadium on Wednesday. After having a shot blocked a minute earlier, Matip got the winner in the 67th minute when he powered home a close-range header from Andy Robertson's corner. "When a player lunges in the box, it's different from a slip, it's different from trying to break your fall. When you lunge in the box, your arms out, it was a penalty kick," he told BT Sport. The loss brought an end to a run that saw West Ham take seven points from three games and dropped them one spot to 14th, five points ahead of Leicester City in 18th place.
Liverpool edge struggling Forest 3-2 in Anfield thriller
  + stars: | 2023-04-22 | by ( ) www.reuters.com   time to read: +3 min
LIVERPOOL, England, April 22 (Reuters) - Diogo Jota and Mohamed Salah were on target as Liverpool edged Premier League strugglers Nottingham Forest 3-2 in a riveting clash at Anfield on Saturday to climb to seventh in the table. Jota restored Liverpool's lead with a sharp finish on the turn in the 55th minute but Liverpool were pegged back again when Virgil Van Dijk's clearing header fell to an unmarked Gibbs-White. Both Forest goals came from long throw-ins and Liverpool manager Juergen Klopp was pleased with the result but frustrated by his side's shaky defensive performance against a team who have the second-worst attacking record in the league. Liverpool sealed the win three minutes after Forest's second when Trent Alexander-Arnold picked out Salah with a low free kick and the Egyptian striker held off Remo Freuler before side-footing past Keylor Navas. Steve Cooper set up Forest with a flat back five, looking to contain Liverpool, and the strategy worked in the first half, though the visitors rode their luck at times.
Liverpool add to Forest's misery, Leicester earn vital win
  + stars: | 2023-04-22 | by ( ) www.reuters.com   time to read: +3 min
LIVERPOOL, England, April 22 (Reuters) - Liverpool maintained their slender hopes of a top-four finish in the Premier League with a 3-2 victory over Nottingham Forest whose relegation fears deepened on Saturday. Diogo Jota and Mohamed Salah were on target for Liverpool in a riveting clash at Anfield as Liverpool climbed to seventh. Liverpool sealed the win three minutes after Forest's second when Trent Alexander-Arnold picked out Salah with a low free kick and the Egyptian striker side-footed past Keylor Navas. Forest substitute Brennan Johnson hit the crossbar with a delicate chip as Liverpool clung on to take all three points. Liverpool have 50 points from 31 games, six points behind fourth-placed Newcastle United who face fifth-placed Tottenham Hotspur on Sunday.
MEXICO CITY, April 18 (Reuters) - Interpol said on Tuesday its largest-ever fire arms swoop across Central and South America resulted in the seizure of thousands of illegal weapons and $5.7 billion worth of drugs after unprecedented cooperation by 15 countries. The operation found 8,263 illicit firearms and nearly 306,000 rounds of ammunition, as well as 203 tonnes of drugs and 372 tonnes of drug precursors. Eleven people were rescued in Paraguay when authorities dismantled a human trafficking ring, Interpol said. It said law enforcement had reported a spike in drug-related violence over the past year, fueled by trafficking of illegal firearms. The swoop saw participation from Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru and Uruguay.
LIVERPOOL, April 9 (Reuters) - Liverpool manager Juergen Klopp was left at a loss to explain how his side did not complete a comeback win against Arsenal in what he described as a 'spectacular' game at Anfield on Sunday. An open game, completely open, they score with the first situation and the second one," Klopp said. "It was a spectacular game in the end. The draw left Liverpool down in eighth spot, a massive 29 points behind leaders Arsenal, although Klopp's side may just have opened the door for champions Manchester City. Arsenal lead City by six points but have played a game more and must also visit the Etihad Stadium.
"Nothing changed," Guardiola said after his 100th win at Etihad with City. The club made an exceptional signing with him – he's a world champion alongside Lionel Messi because he has something." His fitness is unclear, although TV cameras caught him on his feet wildly celebrating Alvarez's goal. The City manager pumped his fists wildly after Alvarez's goal and then confronted Liverpool substitutes Kostas Tsimikas and Arthur Melo when they walked by him on the sidelines seconds later. "Manchester City are disappointed to have heard inappropriate chants from home fans during today's game," the team said.
MANCHESTER, England, April 1 (Reuters) - Manchester City showed they can win without goal machine Erling Haaland as they put four past Liverpool at the Etihad on Saturday to keep their chase of Premier League leaders Arsenal very much alive. Julian Alvarez, Kevin De Bruyne, Ilkay Gundogan and Jack Grealish were all on target for Pep Guardiola's side in a goal-packed return to Premier League action after the international break. "We had a chat between ourselves and with the manager (at halftime) and he said we have to stay in the game," Grealish said. "The first minute to 93 ... really really good, the way we played." Looking ahead though, the England winger insisted that the fate of the Premier League this season is still in Arsenal's hands.
Arsenal's seventh successive league win moved them to 72 points from 29 games with City, who still have to play the London club at home, on 64 having played one game less. Jean-Philippe Mateta's late goal sparked jubilation amongst the home fans as Palace moved into 12th place with 30 points, five points ahead of third-from-bottom Leicester. Pressure is intensifying on Leicester manager Brendan Rodgers as his side lost for the fifth time in six league games. Nottingham Forest and Wolverhampton Wanderers drew 1-1 at the City Ground as both clubs stayed far too close to the relegation zone for comfort. The result took both teams above Liverpool with Brighton in sixth place and Brentford in seventh.
Odds are, commercial real estate is the next shoe to drop for the banking sector after this month's unrest. "Commercial real estate [is] widely seen as next shoe to drop as lending standards for CRE loans to tighten further," BofA's Michael Hartnett said. Regional banks have enormous exposure to commercial real estate loans. But this time around, it is commercial rather than residential real estate that may be in trouble. Are you worried about the impact of commercial real estate on the banking sector and the economy?
German green group sues Meta alleging failure to curb threats
  + stars: | 2023-03-22 | by ( ) www.reuters.com   time to read: +1 min
March 22 (Reuters) - A prominent German environmental group said on Wednesday it is suing Facebook's parent company Meta (META.O), accusing the social media firm of failing to clamp down on insults and threats of violence and murder. Environmental Action Germany (DUH) said in a statement that Meta had failed to shut down Facebook groups in which threats of violence were regularly posted and sometimes remained visible for weeks without being taken down. "We no longer accept the persecution and threats in such social media groups," said DUH chief Juergen Resch. A German court last year ruled against a law obliging social media firms to block or delete criminal content and report serious offences to the police, handing a partial victory to complainants Google (GOOGL.O) and Meta. Reporting by Matthias Williams Editing by Miranda Murray, William MacleanOur Standards: The Thomson Reuters Trust Principles.
SAP Datasphere is a new data fabric architecture that integrates data and contextual metadata across enterprises. A data fabric architecture can seamlessly incorporate new partners and deliver cutting-edge solutions as they evolve. What a business data fabric architecture can doSAP Datasphere's capabilities are enabled by its data fabric architecture, which integrates data from many sources into a single environment that can run multiple services and technologies. SAP Partnerships: Databricks integrates SAP data — including its complete business context — with its Data Lakehouse platform. As the volume of business data continues to expand, unleashing its capabilities with a data fabric architecture is becoming essential to success.
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