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They claim senior editors and executives at MGN knew about and approved of the wrongdoing. MGN, owned by Reach (RCH.L), is fighting the lawsuit, saying there was no evidence for the accusations. The claimants want the judge to rule on whether Morgan and other senior figures were involved in unlawful acts. MGN's failure to call Morgan and other journalists "leaves enormous holes, we say fatal holes, in the defendant's case," he said. At the start of the trial in May, MGN did admit on one occasion a private investigator had been engaged to unlawfully gather evidence about him.

Persons: Prince Harry's, Piers Morgan, David Sherborne, MGN, Morgan, Prince Harry ", Sherborne, Mr Morgan, Duke of Sussex, Duke, Sussex, Michael Holden, Ed Osmond Organizations: Group, Daily, Sunday, MGN, Reach, London's, Thomson Locations: British

An array of startups offers second-life energy storage using old EV batteries. The second-life energy storage idea is in theory simple. The problem is a lack of old EV batteries that shows no sign of easing. He has just sold the car for $3,000 to pay down credit card debt, but wants another used EV. Commercial vehicles provide the best hope thus far for second-life batteries, industry officials said.

Persons: Steven Meersman, Nick Carey LONDON, Hans Eric Melin, Melin, EVs, Elmar Zimmerling, Thomas Becker, Antoni Tong, Jonathan Rivera, Rivera, —, Asad Hussain, Zenobe, Nick Carey, Paul Lienert, Daniel Leussink, Ben Klayman, Barbara Lewis Organizations: REUTERS, Global, Nissan, Energy, EV, Mercedes, P Global Mobility, CES, Tesla, BMW, International Energy Agency, Leaf, Mobility Impact Partners, Victoria Waldersee, Thomson Locations: Portsmouth, Britain, recyclers, U.S, Leipzig, 16GWh, Paris, Europe, Coeur d'Alene , Idaho, London, Australia, New Zealand, Detroit, Berlin, Tokyo

PARIS, June 19 (Reuters) - Ukraine is in negotiations with Western arms manufacturers to boost production of weapons, including drones, and could sign contracts in coming months, a Ukrainian minister told Reuters. Since Russia's invasion of Ukraine last year Ukraine has been scrambling to secure weapons ranging from munitions to rocket launchers to missiles. "That's why we think international partners coming to Ukraine, setting up production and making Ukraine part of the security framework for the free world is so essential." And some of the companies say that they are willing to come and invest and produce drones," he said. But Boyev is hopeful that the country can attract foreign drone makers and said the Ukraine government could offer substantial support.

Persons: Sergiy Boyev, Boyev, Volodomyr Zelenskiy, dronemakers, Baykar, Joanna Plucinska, Valerie Insinna, Olena Harmash, Susan Fenton Organizations: Strategic Industries, Kyiv, Reuters, Ukraine's, British, BAE Systems, Paris, Thomson Locations: Ukraine, Western, Ukrainian, United States, Germany, Britain, Italy, France, Europe, Paris, Kyiv, Turkish, Russia, Moscow, Turkey, Norway, European

☆ Morgan Stanley's chief US economist now says home prices are likely to drop only 2% in 2023. Here's why she thinks the housing downturn is virtually over.
▼ + stars: | 2023-06-17 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Morgan Stanley's Ellen Zentner says housing activity has bottomed. After a huge drop off in activity, demand is starting to stabilize. Yardeni ResearchThe pickup in activity has likely been due to housing affordability stabilizing. Zentner's view that the housing market is stabilizing is a big contributing factor to her call for a soft-landing scenario, where the US economy avoids a recession. But nevertheless, housing activity has bottomed, and that's probably the most important pillar to a soft-landing."

Persons: Morgan, Ellen Zentner, Morgan Stanley's Ellen Zentner, Zentner, that's, Goldman Sachs, Jonathan Woloshin, Suisse's Ray Farris, Ian Shepherdson, undershoots, David Rosenberg Organizations: National Association of, National Association of Homebuilders, UBS Wealth Management, Rosenberg Locations: Zentner

☆ Here Come the Flash Periods
▼ + stars: | 2023-06-12 | by ( Alisha Haridasani Gupta | ) www.nytimes.com time to read: +2 min

In a regular cycle, the ovaries make estrogen to nurture an egg for release and thicken the uterine lining for its arrival, Dr. Munro said. Think of the uterine lining “like grass in your garden,” Dr. Munro said. Or, for other women, there might be so little estrogen that the uterine lining hasn’t grown much, leading only to some light spotting. One of the telltale signs of endometrial hyperplasia, Dr. Kapoor said, is heavy periods. In cases where women have immensely heavy periods, Dr. Munro said, they might also experience iron deficiency and anemia, which in turn can be connected to other common menopause symptoms, including fatigue and brain fog.

Persons: ”, Malcolm Munro, Munro, Dr, “ It’s, “, Harlow, Ekta Kapoor, Kapoor Organizations: David Geffen School of Medicine, Mayo Clinic Center, Women’s Health, telltale Locations: U.C.L.A

☆ Opinion: How to respond to anti-LGBTQ hate this Pride month
▼ + stars: | 2023-06-09 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +8 min

I promise there are some simple and immensely helpful ways in which LGBTQ people and allies can take action in June and every month. Don Arnold/Getty ImagesIf you don’t know where to begin with lobbying, look to an LGBTQ or civil rights group doing the hard work on the ground. Commit to learning and teaching: Even members and strong allies of the LGBTQ community can benefit from fresh learning. After all, the LGBTQ community is anything but a monolith — there are so many diverse forms of representation and a landscape that is quickly evolving. It’s also not a bad time to support brands that are supportive of the LGBTQ community.

Persons: Allison Hope, Read, Allison, ”, isn’t, ” Melanie Willingham, “, they’re, Octavio Jones, allyship, —, Don Arnold, Virginia Woolf’s, Orlando ”, Dorian Gray ”, Oscar Wilde, Janet Mock’s, ” Young, Maia Kobabe’s, Juno Dawson, Jessica Love, Wilhelmina ”, Joseph Belisle, It’s, Ron DeSantis, intersectionality, let’s Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Allison Hope, Tampa Pride, Getty, Progress, Florida Capitol, Sydney Opera House, Volunteer, Reading, Florida Gov, Twitter, Facebook Locations: New, Florida, Tampa, Tallahassee, Australia, Virginia, Paisley, America

☆ TikTok reportedly wants to take on Amazon and 4x its shopping business this year — but it faces big challenges
▼ + stars: | 2023-06-08 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

It seeks to grow TikTok Shop from $4.4 billion in sales last year to up to $20 billion this year, Bloomberg reports. It faces big challenges in the US market where livestream shopping hasn't caught on. The global roll-out of TikTok Shop has faced some setbacks, however. The major social platforms like Instagram and YouTube have struggled to make livestream shopping a habit among US consumers. If TikTok hopes to ride the livestream shopping wave to go head-to-head with Amazon, something will have to change drastically in the way Americans shop.

Persons: TikTok, Patrick Nommensen, Insider's Marta Biino, Nommensen, Instagram Organizations: Bloomberg, Morning, TikTok, Street Journal, Financial Times, YouTube Locations: Southeast Asia, Indonesia, Asia, Europe, TikTok

☆ Quebec allows sick patients to request assisted death in advance
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

OTTAWA, June 8 (Reuters) - Quebec is expanding its program of assisted medical death and will become the first Canadian province to allow sick people to put in an advance request for help in dying before they become incapacitated. The move could set up a clash with the federal government, which drew up the law on medical assistance in dying. People deemed admissible can request an assisted death up to 24 months in advance. The federal government, already under criticism over how broad the law is, has moved to exclude people suffering solely from mental illness from pursuing assisted death for an additional year. Canada's assisted dying framework is under fire from disability advocates who say it has become easier to access assisted death than it is to access resources or supports that would make life more bearable.

Persons: Sonia Belanger, David Lametti, Diana Ebadi, Georges L'Esperance, Canada's, David Ljunggren, Chris Reese, Deepa Babington Organizations: OTTAWA, Ottawa, Quebec, Quebec Association for, Thomson Locations: Quebec, Canadian

☆ A Gay Riot at a Doughnut Shop? The Legend Has Some Holes.
▼ + stars: | 2023-06-05 | by ( Erik Piepenburg | ) www.nytimes.com time to read: +1 min

The story still resonates: More than 60 years ago, Los Angeles police officers were routinely harassing the gay and transgender people who gathered at Cooper Do-nuts, a 24-hour spot in the city’s seedy gay circuit known as the Run. Then one evening in May 1959, some fed-up drag queens, hustlers and other customers pushed back, barraging officers with hot coffee and half-eaten crullers. John Rechy, author of the landmark 1963 gay novel “City of Night,” has recalled seeing coffee cups fly. The Cooper Do-nuts melee has long been noted as a gay uprising a full 10 years before the more famous June 1969 riot outside the Stonewall Inn in New York City. resistance that on Wednesday, the Los Angeles City Council is set to approve the installation of a street sign commemorating a Cooper Do-nuts shop as part of what it calls “the ongoing work to make Los Angeles a more inclusive place.”

Persons: Cooper, John Rechy, ” Organizations: Los, Los Angeles City Council Locations: New York City, Los Angeles

☆ Yogi Berra: ‘It Ain’t Over’ documentary reassesses baseball great’s remarkable career and life
▼ + stars: | 2023-05-31 | by ( Don Riddell | ) edition.cnn.com time to read: +11 min

CNN —Yogi Berra famously said “It ain’t over ‘til it’s over,” but one of the greatest careers in baseball history might have been over before it had even begun. He was injured during the attack, he pulled bodies out of the water, and he learned that in comparison to war, baseball would be easy. In a file photo -- September 28, 1955 -- Jackie Robinson (R) is safe under an attempted out by Yankee catcher Yogi Berra, on a steal home from third. I don’t think anything that anyone said or wrote took any of that joy away from him. I don’t think Grandpa meant to be a civil rights activist,” explained Lindsay, “He just did the right thing.

Persons: Yogi Berra, Berra, ”, Lindsay, “, Bob Costas, Granny Hamner, Don Larsen, Billy Crystal, Yogi, ” Berra, Joe Di Maggio, Mickey Mantle –, Jackie Robinson, Frank Kellert, Larry Berra, Barack Obama, Alex Wong, ” Lindsay, ’, ‘ we’re, ’ ”, “ There’s, grandpa, ESPN’s, he’d, Grandpa, you’ve, Jon Matlack, Robinson, “ Grandpa, Jackie, Kathy Willens Organizations: CNN, Yankee, Yankees, Philadelphia Phillies, New York Yankees, AP, Life Magazine, Bettmann, American, Observers, Dodgers, Getty, White, Mets, ” New York Yankees Hall of Fame, Toronto Blue Jays, Steinbrenner, “ Locations: Normandy, American, New York, Washington , DC, Europe, ”, Tampa , Fla, Maryland

☆ Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back
▼ + stars: | 2023-05-03 | by ( Padraic Halpin | ) www.reuters.com time to read: +2 min

Led by its Fanduel brand, Flutter maintained its leading 50% share of the U.S. sports betting market after revenue jumped 92% year-on-year on a constant currency basis. UKI revenue had fallen sharply in the same period last year, partly due to the impact of measures to curb gambling addiction. Chief Executive Peter Jackson put about half the growth down to product improvements and said competitors belatedly adopting safer gambling measures may also have helped Flutter outperform the market, which he estimated was flat year-on-year. Revenue also rose 69% on a constant currency basis in its international division, where Flutter said the recently acquired Italian gaming operator Sisal performed exceptionally well. The Dublin-based firm forecast in November that Fanduel's revenue would jump to around $15 billion over the long term - twice Flutter's entire revenue last year.

LONDON, April 27 (Reuters) - Britain on Thursday set out long-awaited plans to crack down on problem gambling as it aims to bring regulations up to date with a rise in betting online and on smartphones. The reforms would give extra powers to gambling regulators to take down illegal betting sites and tackle unauthorised operators. Campaign group Charity Gambling with Lives, which supports families bereaved by gambling-related suicide, welcomed the changes but said they did not go far enough. It had called for an end to all gambling advertising and affordability checks at 100 pounds of monthly losses. Habits have changed significantly since then, with an exponential rise in online betting.

☆ NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs
▼ + stars: | 2023-04-24 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Shell announced he was departing the company immediately Sunday after admitting to an inappropriate relationship with an NBCUniversal employee. DiscoveryThe elephant in the room with NBCUniversal is the frequent speculation in media circles that a merger with Warner Bros. Warner Bros. Warner Bros. Warner Bros.

☆ Vendée Globe: History-making sailor Clarisse Crémer wants to be an 'example' to her daughter
▼ + stars: | 2023-04-19 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

For Crémer, the fastest solo woman to complete the around-the-world Vendée Globe race, assuming such a role was never part of the plan. “I had made that promise to myself during the previous Vendée Globe that I wanted to be back.”Return to sailingA lifeline was quick to arrive. On Thursday, Thomson announced that Crémer would skipper the team in its bid to qualify for next year’s Vendée Globe. Thomson celebrates finishing second at the Vendée Globe in January 2017, a few hours after French sailor Armel Le Cléac'h. The next Vendée Globe, which takes place between November 2024 and March 2025, will be the 10th edition of the race.

☆ The US and its allies are stuck in a violent cycle with Iran-backed militias who want blood but don't want to 'poke the bear'
▼ + stars: | 2023-04-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

But even still, miscalculation is possible, and these deadly exchanges nearly sent the US and Iran to war just a few years ago. In response, two US Air Force F-15E fighter jets carried out airstrikes later that evening against IRGC Quds Force facilities in Syria, killing eight Iran-backed militants. Angel Ruszkiewicz"We do not seek conflict with Iran, we don't seek escalation with Iran," Pentagon Press Secretary Brig. "As soon as the Iranian special forces and their proxies showed up in Syria, the Israelis started hitting them. The next day, Iran-backed militias attacked US forces near Hasakah, killing the American contractor.

☆ Swiss CoCo shakeout may yet help bank regulators
▼ + stars: | 2023-03-22 | by ( Neil Unmack | ) www.reuters.com time to read: +3 min

LONDON, March 22 (Reuters Breakingviews) - Switzerland’s forced merger of Credit Suisse (CSGN.S) with UBS (UBSG.S) has caused a real stink. European regulators on Monday mobilised to calm debt investors after Swiss authorities chose to write off 16 billion Swiss francs of Credit Suisse’s Additional Tier 1 CoCos. Both the Bank of England and European regulators pledged on Monday to respect the bank rescue hierarchy that says shareholders should lose money before debt. A case in point: only last year the already creaking Credit Suisse chose to redeem a bond. Follow @Unmack1 on TwitterCONTEXT NEWSPrices of contingent capital securities, a kind of junior ranking loss-absorbing bank debt, fell after bonds issued by Credit Suisse were wiped out following its takeover by UBS.

☆ Why the UK spring budget won't fix the economy's problems
▼ + stars: | 2023-03-15 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

London CNN —The last time a British finance minister unveiled a “budget for growth,” UK financial markets crashed and mortgage rates shot up, threatening to tip an already weak economy into a deep recession. But he will deliver his budget against essentially the same gloomy backdrop: the UK economy is stuck in the doldrums. John Springford, deputy director at the Centre for European Reform, estimates that Brexit had cost the UK economy 5.5% of GDP by June 2022. SVB could depress UK bank lendingAnother factor that could weigh on the UK economy in the near term: Silicon Valley Bank. “It is likely that UK financial conditions will remain tighter (or potentially significantly tighter) over coming months than they would have been without the US banking troubles,” Pickering said in a research note Monday.

☆ BHP investors aren’t seeing the wood for the trees
▼ + stars: | 2023-02-21 | by ( Antony Currie | ) www.reuters.com time to read: +4 min

Granted, BHP’s earnings of $6.5 billion for the six months to the end of December missed estimates by some 7%. BHP’s investors are missing a bit of the wood for the trees. Iron age: Miners are rallying as iron ore prices riseFollow @AntonyMCurrie on Twitter(The author is a Reuters Breakingviews columnist. The company attributed the drop to lower prices for iron ore and copper. BHP is paying a dividend of 90 cents a share for the period, down from $1.50 a share a year earlier.

☆ StanChart’s takeover defences are getting stronger
▼ + stars: | 2023-02-16 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

This year, he reckons the bank will churn out a near-10% return, rising to more than 11% in 2024. But if Winters can convince investors his new targets are remotely plausible, he’ll have a stronger case for StanChart’s independence. A typical offer pitched 30% above the price before the latest takeover speculation would value StanChart at just three-quarters of forward tangible book value. StanChart’s stronger takeover defences may be a problem for its suitors. StanChart earned an 8% return on tangible equity (ROTE), excluding restructuring expenses and a writedown of goodwill on the bank’s balance sheet.

☆ KKR can limit the pain of Elliott's telco blitz
▼ + stars: | 2023-02-13 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +4 min

Even so, KKR and Vodafone look insulated from the worst sort of Teutonic deal pain. Still, KKR – which has joined forces with Global Infrastructure Partners and will co-control Vantage with Vodafone – has some protections. Reuters GraphicsFollow @pamela_msg on TwitterloadingCONTEXT NEWSActivist investor Elliott Management disclosed a 5.6% stake in German phone masts company Vantage Towers on Jan. 31. The offer was recommended by Vantage Towers' management and supervisory board. Vantage Towers’ Chief Executive Vivek Badrinath is set to depart due to personal reasons.

☆ Gautam Adani will be playing defense for a while after mauling by Hindenburg
▼ + stars: | 2023-02-10 | by ( Diksha Madhok | ) edition.cnn.com time to read: +6 min

The sprawling Adani Group, which he founded over 30 years ago, has established interests in industries ranging from logistics to mining. “We view this as validation of our findings on offshore stock parking by Adani,” Hindenburg founder Nate Anderson said on Twitter. In its report, Hindenburg had alleged that “offshore shells and funds tied to the Adani Group comprise many of the largest ‘public’ holders of Adani stock.”An Adani Group spokesperson declined to comment. Meanwhile, Norway’s sovereign wealth fund, said Thursday it has “for all practical purposes…fully divested,” from the Adani companies. The loans were backed by shares in Adani Ports, Adani Green Energy and Adani Transmission.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ The Biggest Debates and Opinions in 2022 - The New York Times
▼ + stars: | 2022-12-20 | by ( ) www.nytimes.com time to read: +30 min

Opinion The 22 Debates That Made Us Rage, Roll Our Eyes, and Change Our Minds in 2022Debating is what we do here at Times Opinion. To many, she was an icon: She ruled for 70 years, presided over the transition from empire to commonwealth and served as a living link to the generation that won World War II. (Though Ben Bernanke, a former Fed chairman himself, wrote in The Times that that wasn’t going to happen.) The United States and its European allies poured weapons and aid into Ukraine, but how was this going to end? As 2022 draws to a close, the fighting continues and peace talks look as distant as ever — which probably means that the debates will continue.

Uniper (UN01.DE) has already booked billions of euros of losses on derivatives, exacerbating a crisis as it rushed to plug the gap left after Russia turned off the taps. Like other energy firms, Uniper uses derivatives, such as securing an option to sell gas at a set price in the future, to guard against energy price swings. "In total, we have derivative positions of about 216 billion euros as of September 30 2022," a spokesperson for Uniper said, adding that the riskier part of this was small. According to its accounts, Uniper held around 198 billion euros of receivables from derivative instruments as assets. It is also more than the 131 billion euros Germany's RWE (RWEG.DE) had at the end of June, public data shows.

☆ Who will be Wall Street’s un-American idol?
▼ + stars: | 2022-12-16 | by ( John Foley | ) www.reuters.com time to read: +8 min

Europeans have been losing the battle against Wall Street’s cozy club for a decade. Deutsche Bank has done the former. BNP has made smaller steps, buying Bank of America’s prime broking business in 2008, then Deutsche Bank’s in 2019. Even with the best intentions, European banks must contend with their own regulators, which affects their ability to take risk elsewhere. JPMorgan, Bank of America, Citigroup, Morgan Stanley and Goldman Sachs together took the top five slots for debt capital markets and merger advisory, as they also did in 2021.

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