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☆ Ferrari revs up for "even stronger 2023" after beating forecasts in Q4
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +1 min

Companies Ferrari NV FollowMILAN, Feb 2 (Reuters) - Ferrari (RACE.MI) said on Thursday it saw "even stronger" results this year after posting a 16% increase in its core earnings in 2022, supported by increased sales volumes of its luxury sports cars. Ferrari said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would come in between 2.13-2.18 billion euros in 2023, from an above-guidance result of 1.773 billion last year. By 1145 GMT they were up 1.8%,In the fourth quarter, adjusted EBITDA rose 18% to 469 million euros ($516 million). "These figures provide the base for an even stronger 2023, fuelled by a persistently high demand for our products worldwide," said Benedetto Vigna, Ferrari CEO. Deliveries of Ferrari's new 390,000 euro Purosangue are expected to start in the second quarter of this year.

[1/2] Palestinian kids pass a pile of garbage in Al Jalazone refugee camp near Ramallah, in the Israeli-occupied West Bank, January 25, 2023. REUTERS/Mohamad Torokman/File PhotoRAMALLAH, West Bank Jan 25 (Reuters) - Schools, clinics and some municipal services in the West Bank were closed on Wednesday as workers went on strike for a third day amid an escalating funding squeeze on the United Nations agency that pays their wages. Around 3,700 workers in the West Bank joined the strike, demanding an across-the-board pay increase of 200 Jordanian dinars ($281.81) a month from the United Nations Relief and Works Agency (UNRWA). "The strike will go on until UNWRA accepts our demands," said Jamal Abdullah, head of the union representing workers paid by the agency in the West Bank. "All indications point out that it is going to be a difficult year," said Adnan Abu Hasna, spokesman of the United Nations Relief and Works Agency (UNRWA) in Gaza City.

[1/4] A member of Doctors Without Borders (MSF) looks at a migrant after he was rescued by the ship 'Geo Barents' during a search and rescue (SAR) operation in the Mediterranean Sea, January 25, 2023. La Spezia is the furthest and northernmost destination that Italy has assigned to an NGO ship. Forcing NGO ships to reach ever-more distant ports increases costs at a time when budgets are stretched by inflation and higher fuel costs following Russia's invasion of Ukraine. Last month, the SOS Mediterranee NGO appealed for donations, saying fuel charges for its Ocean Viking rescue ship had increased by over 1 million euros during 2022. The new docking destinations policy adds to a December decree which forces NGO ships to request and head to a port "without delay" after each rescue, rather than continue looking for boats in distress.

To secure egg supplies as prices rose to record highs, Malaysia's Minister of Agriculture and Food Security Mohamad Sabu visited Namakkal, in the southern Indian state of Tamil Nadu, where several leading hatcheries are based. India shipped 5 million eggs to Malaysia in December, and will ship 10 million in January and up to 15 million in February, according Kumar. The imports from India have helped Malaysia bring prices down from the record highs seen in late December. Having suffered a shortfall of 157 million eggs in November, the market gap was down to just one million in December, the Malaysian minister said in a statement earlier this week. Meantime, prices in India have shot up to a record 565 rupees ($6.96) per 100 eggs.

Of the 94 people caught in the landslide, 61 were safe and nine still missing, the Selangor state fire and rescue department said. Hulu Selangor police chief Suffian Abdullah said police have questioned the operator and two workers of the campsite at Father's Organic Farm. [1/2] A rescuer crew member pats a sniffer dog being used to aid in the search for victims of the landslide in Batang Kali, Selangor, Malaysia, December 17, 2022. Flooding is also common, with about 21,000 people displaced last year by torrential rain in seven states. Reporting by Mei Mei Chu amd Yuddy Cahya Budiman; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

DOHA/RABAT, Dec 14 (Reuters) - Moroccans slumped with disappointment on Wednesday after their team's semi-final defeat to France, but were still pumped with pride for a World Cup run that spurred tears of joy across Africa and the Arab world. In the first World Cup held in an Arab country, and one already marked by upsets, Morocco won supporters far afield as the first Arab team to reach the quarter-finals and the first African team to reach the semis. It is already an honour and we are proud to see people from different countries root for the Moroccan team," said Taoufiq Ouchikh. We lost to a world Cup champion and we dominated," said Abdelilah Sair, another fan watching in the same cafe. Moroccan Prime Minister Aziz Akhannouch lauded a team he called heroes that brought joy to Moroccans and made the country's name "resonate on every tongue during the World Cup".

☆ Malaysia PM Anwar eyes targeted subsidies for low-income groups
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +2 min

KUALA LUMPUR, Nov 27 (Reuters) - Malaysia is reviewing its government subsidies programme, aiming to direct money toward low-income groups, Prime Minister Anwar Ibrahim said on Sunday, prioritising the rising cost of living as he takes office at a time of slowing growth. Government agencies have two weeks to review the implications of narrowing the subsidies, he told a news conference. Malaysia offers subsidies to all citizens, with fuel and cooking oil accounting for the biggest expense. Malaysia is estimated to spend a record 77.7 billion ringgit ($17.4 billion) this year on subsidies. Anwar said on Friday he would have a smaller cabinet than those of previous administrations.

☆ Malaysia's Anwar begins work as PM after polarising election
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +4 min

[1/3] Malaysia's newly appointed Prime Minister Anwar Ibrahim greets his supporters as he leaves his news conference in Sungai Long, Selangor, Malaysia November 24, 2022. Office of Anwar Ibrahim/Afiq Hambali/Handout via REUTERSKUALA LUMPUR, Nov 25 (Reuters) - Malaysia's Anwar Ibrahim is expected to start discussions on forming his cabinet on Friday as he begins work as prime minister at a challenging time, with the economy slowing and the country deeply split after a close election. Anwar, who was appointed by Malaysia's king following an inconclusive election, said that the people of Malaysia had long been awaiting change. Both men's coalitions failed to win a majority in Saturday's election, but Malaysia's constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Markets surged on Thursday on the end of political deadlock, but investors will be monitoring how Anwar manages the aftermath of the election.

☆ Malaysia's new prime minister Anwar Ibrahim vows to unify the country and fight corruption
▼ + stars: | 2022-11-25 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

watch nowNew prime minister Anwar Ibrahim has pledged to make "Malaysia for all Malaysians," fight corruption and reiterated that he won't be taking a salary as Malaysians battle rising costs of living. International relationsCongratulations poured in from leaders from all over the world including Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Malaysia's Anwar Ibrahim takes his first press conference after being appointed prime minister. Perikatan Nasional won 73 seats and was runner-up to Anwar's Pakatan Harapan which won 82 seats. Prime Minister Anwar Ibrahim swron in by Malaysia's King Sultan Abdullah Sultan Ahmad Shah on Thursday Mohd Rasfan | Afp | Getty Images

☆ Jakobs makes first start for Senegal in Qatar showdown
▼ + stars: | 2022-11-25 | by ( Shady Amir | ) www.reuters.com time to read: +1 min

DOHA, Nov 25 (Reuters) - Defender Ismail Jakobs gets his first start of the tournament for Senegal and Meshaal Barsham gets the nod in goal for Qatar as the two sides meet in their second Group A game at the 2022 World Cup. Senegal manager Aliou Cisse swaps Jakobs in for the injured Cheikhou Kouyate and Pape Abou Cisse is replaced by Famara Diedhiou, while Qatar boss Felix Sanchez makes three changes from the side that lost 2-0 to Ecuador. TEAMS:Qatar: Meshaal Barsham, Pedro Miguel, Abdelkarim Hassan, Ismail Mohamad, Hassan Al-Haydos (captain), Akram Afif, Karim Boudiaf, Homam Ahmed, Assim Madibo, Boualem Khoukhi, Almoez Ali. Senegal: Eduoard Mendy, Youssouf Sabaly, Kalidou Koulibaly, Abdou Diallo, Nampalys Mendy, Famara Diedhiou, Idrissa Gana Gueye, Ismail Jakobs, Krepin Diatta, Ismaila Sarr, Boulaye Dia. Reporting by Shady Amir, additional reporting by Nick Said and Philip O'Connor; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Hosts Qatar on verge of exiting World Cup after Senegal loss
▼ + stars: | 2022-11-25 | by ( Philip O'Connor | Anita Kobylinska | ) www.reuters.com time to read: +4 min

Summary Hosts Qatar lose 3-1 to Senegal in second group gameMuntari scores Qatar's first-ever World Cup goalQataris could go out of tournament later on FridayDOHA, Nov 25 (Reuters) - The World Cup hopes of Qatar were left hanging by a thread after a 3-1 loss to Senegal that leaves them bottom of Group A and facing elimination just five days after they opened the tournament with a 2-0 loss to Ecuador. With Qatar defending well, it was going to take either a moment of magic or a catastrophic mistake for Senegal to break the deadlock and unfortunately for Qatar defender Boualem Khoukhi it turned out to be the latter. Muntari reduced the deficit in the 78th with a bullet header from Mohamad's cross for Qatar's first ever goal at a World Cup in their debut tournament but Senegal were unruffled as they continued to out-muscle their opponents in midfield. "Expectations were set to give a good performance and organise a good World Cup, and that is the case," he told a news conference, praising his players for their efforts. First, though, they must meet the Netherlands in what will almost surely be their final game at this event.

☆ Morning Bid: Hangover
▼ + stars: | 2022-11-25 | by ( Vivek Mishra | ) www.reuters.com time to read: +1 min

The yield on 10-year Treasury notes fell more than five basis points to an eight-week low of 3.65%. COVID and inflation kept a cap on things elsewhere - with core consumer prices rising at their fastest clip in 40 years in Tokyo truly a sign that inflation is everywhere. China on Friday reported another record high of daily COVID-19 infections and the Hang Seng (.HSI) slipped 0.7%. Consumer confidence surveys in France and Germany, and final German GDP data headline an otherwise quiet calendar in Europe, while holidays will likely thin U.S. trade into the weekend. Key developments that could influence markets on Friday:German GDP, French and German consumer surveys, speeches by ECB policymakers Kerstin and de GuindosReporting by Tom Westbrook Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ Malaysia’s king names Anwar Ibrahim prime minister after inconclusive election
▼ + stars: | 2022-11-24 | by ( ) www.nbcnews.com time to read: +3 min

KUALA LUMPUR, Malaysia — Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protégé of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy and opposition leader. His appointment ends five days of unprecedented post-election crisis, but could usher in a new instability with his rival, former Prime Minister Muhyiddin Yassin, challenging him to prove his majority in Parliament. Both men failed to win a majority in a Saturday election, but the constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Anwar, 75, has time and again been denied the premiership despite getting within striking distance over the years: He was deputy prime minister in the 1990s and the official prime minister-in-waiting in 2018. Anwar’s coalition, known as Pakatan Harapan, won the most seats in Saturday’s vote with 82, while Muhyiddin’s Perikatan Nasional bloc won 73.

☆ Reformist Anwar finally becomes Malaysia's prime minister
▼ + stars: | 2022-11-24 | by ( A. Ananthalakshmi | ) www.reuters.com time to read: +5 min

[1/2] Malaysian opposition leader Anwar Ibrahim speaks during an interview with Reuters in Tambun, Perak, Malaysia November 4, 2022. The political uncertainty came to an end on Thursday, as Malaysia's king appointed Anwar, 75, to be prime minister. His strained relationship with the veteran leader shaped Anwar's own career, as well as Malaysia's political landscape, for nearly three decades. FRIEND & FOEAnwar started off as a firebrand Islamic youth leader before joining the prime minister Mahathir's United Malays National Organisation (UMNO), which leads the Barisan Nasional alliance. With the people's vote and the king's choice, he finally became prime minister.

☆ Malaysia PM Anwar: We have seen a change that has awaited the people of Malaysia
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's new Prime Minister Anwar Ibrahim said his swearing in was a change that Malaysians have waited for and pledged to keep Islam as the official religion of the country. The 75-year-old longtime opposition leader was sworn in on Thursday, capping a three-decade political journey from a protege of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy and opposition leader. Reporting by Rozanna Laitff; Writing by Kay Johnson; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Reaction to Anwar Ibrahim's appointment as Malaysian prime minister
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +4 min

KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's king appointed long-time opposition leader Anwar Ibrahim as prime minister on Thursday, ending five days of unprecedented post-election crisis after inconclusive polls. Anwar's appointment caps a three-decade long political journey from a protege of veteran leader Mahathir Mohamad to protest leader, to a prisoner convicted of sodomy, to opposition leader and, finally, prime minister. The former finance minister and deputy prime minister will have to address soaring inflation and slowing growth, while calming ethnic tension that has flared since a Saturday election. ADIB ZALKAPLI, DIRECTOR AT POLITICAL RISK CONSULTANCY BOWERGROUPASIA:"With the appointment of Anwar as the 10th prime minister, this is a closure to the longest-running political crisis in Malaysia that began 24 years ago when he was sacked by the prime minister Mahathir Mohamad .... So it's an important closure, Anwar has been the longest-serving potential prime minister candidate.

☆ Malaysia’s Anwar becomes prime minister, ending decades-long wait
▼ + stars: | 2022-11-24 | by ( Story Reuters | ) edition.cnn.com time to read: +6 min

Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protege of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy, and opposition leader. Both men failed to win a majority in a Saturday election, but the constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Anwar was sworn in as Malaysia's prime minister on Thursday, ending a political impasse. Mohd Rasfan/AFP/Getty ImagesMalaysia's King Sultan Abdullah Sultan Ahmad Shah (right) appointed Anwar (left) after consulting with lawmakers. The decision on the prime minister came down to King Al-Sultan Abdullah Sultan Ahmad Shah, after both Anwar and Muhyiddin missed his Tuesday afternoon deadline to put together a ruling alliance.

☆ Anwar Ibrahim, the 75-year-old Malaysian prime minister-in-waiting, finally clinched the top job after spending years in jail
▼ + stars: | 2022-11-24 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Anwar Ibrahim has been tapped to be the next Malaysian prime minister. Anwar has spent two decades vying for the top jobAnwar was Malaysia's deputy prime minister in the 1990s, serving under then-Prime Minister Mahathir Mohamad. He was freed in 2004 after being acquitted of that sodomy charge. Anwar was convicted of that sodomy charge and sentenced to five years in prison in March 2014. Malaysia is now set to swear in its new prime minister at 5 p.m. local time on Thursday.

☆ Anwar Ibrahim's long road to prime minister of Malaysia
▼ + stars: | 2022-11-24 | by ( Harish Sridharan | ) www.reuters.com time to read: +3 min

** He had a meteoric political rise under Prime Minister Mahathir Mohamad, who invited him to join the ruling coalition, the United Malays National Organisation (UMNO), in 1982. ** Finance minister from 1991 and deputy prime minister from 1993, the long-celebrated heir apparent to Mahathir fell out with his mentor in 1998. ** During the term of Prime Minister Najib Razak in 2015, Anwar was jailed for sodomy for the second time. ** Anwar and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties. ** Malaysia's king appointed Anwar as prime minister after a special meeting of his fellow hereditary sultans.

☆ Anwar Ibrahim: Who is Malaysia's new prime minister?
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +4 min

Nov 24 (Reuters) - Malaysia's new prime minister, 75-year-old Anwar Ibrahim, was sworn in on Thursday, bringing to a close his three-decade quest for the job that had eluded him time and again and led to him spending nearly a decade in jail. As opposition leader, Anwar led tens of thousands of Malaysians in street protests in the 1990s against his mentor-turned-foe Mahathir Mohamad. Anwar started off as a firebrand Islamic youth leader before joining then prime minister Mahathir's United Malays National Organisation (UMNO), which leads the Barisan Nasional alliance. Anwar's appointment as prime minister brings an end to a political crisis after an election on Saturday ushered in an unprecedented hung parliament. Between stints as deputy prime minister in the 1990s and as official prime minister-in-waiting in 2018, Anwar spent nearly a decade in jail for sodomy and corruption on charges he says were politically motivated.

☆ Explainer: Who is Malaysia's king and why is he picking the prime minister?
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +4 min

King Al-Sultan Abdullah Sultan Ahmad Shah ascended the throne in 2019 at the age of 59, becoming Malaysia's 16th monarch since it gained independence from Britain in 1957. The silver-haired, bespectacled Al-Sultan Abdullah became king after the surprise abdication of the previous king. The king appointed Muhyiddin prime minister in February 2020 when then-premier Mahathir Mohamad resigned due to coalition infighting. The king has summoned 30 lawmakers from the Barisan Nasional alliance for a meeting on Wednesday to determine who becomes prime minister. Whoever is eventually named prime minister is likely to face more political turbulence of the kind that has plagued the country in recent years.

☆ Malaysia's Anwar, Muhyiddin rush to meet deadline to form government
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Significant election gains by an Islamist party also added to investors' fears, notably over policies on gambling and alcohol consumption. Anwar's coalition entered negotiations with Barisan Nasional, the incumbent coalition and Anwar's longtime rival, on Monday to discuss a potential alliance. Anwar's multiethnic coalition won the most seats in the Saturday election with 82, while Muhyiddin's bloc won 73. It would be another astonishing turnaround in Malaysian politics if Anwar and Barisan forged an alliance: as opposition chief, Anwar has spent much of his career trying to oust Barisan. For the 2018 election, Anwar tied up with mentor-turned-foe Mahathir Mohamad to defeat Barisan.

☆ Malaysian voters erred on the side of conservatism at weekend polls, analysts said
▼ + stars: | 2022-11-21 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +3 min

watch nowIt will be a tough road to victory for Malaysia's reformist party Pakatan Harapan after the weekend's general elections where voters leaned toward conservative and religious parties, analysts said. The largest opposition coalition Pakatan Harapan is led by former deputy prime minister Anwar Ibrahim, who is looking to become prime minister after being denied the leadership for over two decades. Malaysian opposition leader Anwar Ibrahim of Pakatan Harapan on Monday morning before meeting the king. Former prime minister and long-time statesman Mahathir Mohamad's historic loss of his seat in Langkawi shows that politics in Malaysia are changing, according to Better Malaysia Assembly advocate and brother of jailed former Prime Minister Najib Razak, Nazir Razak. Nurphoto | Nurphoto | Getty Images

☆ Biden at 80: A ‘respecter of fate’ considers a second White House bid
▼ + stars: | 2022-11-20 | by ( ) www.cnbc.com time to read: +14 min

US President Joe Biden disembarks from Air Force One upon his arrival at the airport of Egypt's Red Sea resort city of Sharm El-Sheikh, to attend the COP27 climate conference, on November 11, 2022. It's soon time for Joe Biden, 80 on Sunday, to decide whether he has one more mountain to climb — the one to a second term as president. Getty: President Joe Biden gives remarks on student debt relief at Delaware State University on October 21, 2022 in Dover, Delaware. "While President Biden may chronologically be 80 years old, biologically he probably isn't," he said. U.S. President Joe Biden smiles during a rally with Democratic nominee for Maryland Governor Wes Moore, U.S.

☆ Explainer: What to expect as Malaysia's split election leaves scramble to form govt
▼ + stars: | 2022-11-20 | by ( Mei Mei Chu | ) www.reuters.com time to read: +4 min

[1/3] The logo of Malaysia's election commission is pictured at its headquarters in Putrajaya, Malaysia, October 20, 2022. REUTERS/Hasnoor HussainKUALA LUMPUR, Nov 20 (Reuters) - Malaysia's political leaders were scrambling to form a coalition government on Sunday after an election produced an unprecedented hung parliament, with no group able to claim a majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties, whom they did not identify. It made inroads in strongholds of Barisan, whose United Malays National Organisation (UMNO) - long Malaysia's dominant political force - made its worst showing ever. KING'S ROLEKing Al-Sultan Abdullah could potentially pick the next prime minister.

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