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☆ Heat just barely hold on for win over Pistons
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/70] Oct 25, 2023; Miami, Florida, USA; Opening night towels line the seats in the arena prior to the game between the Miami Heat and the Detroit Pistons at Kaseya Center. The comeback began with a 14-0 flurry in which Cunningham contributed two hoops and three assists, getting the Pistons within 94-89 with 6:24 to go. Cunningham also misfired on a 3-pointer with 39.1 seconds left and Alec Burks missed on a driving floater nine seconds later. Love also put up a double-double for the Heat with 13 points and 10 rebounds, while Tyler Herro had 16 points and Duncan Robinson 15. The Pistons lost despite outshooting the Heat 44.6 percent to 40.2 percent overall and outscoring the hosts 33-24 on 3-pointers.

Persons: Jasen, Bam Adebayo, Cade Cunningham, Adebayo, Jimmy Butler, Cunningham, Alec Burks, Kevin Love, Tyler Herro, Duncan Robinson, Jalen Duren, Isaiah Stewart, Killian Hayes, Ausar Thompson Organizations: Miami Heat, Detroit Pistons, Kaseya Center, Pistons, Eastern Conference, Detroit, Adebayo, NBA, Thomson Locations: Miami , Florida, USA

☆ Australia's EcoGraf considers battery anode material facility development in Vietnam
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +1 min

Oct 9 (Reuters) - Australia's EcoGraf (EGR.AX) said on Monday it would evaluate prospects of developing a battery anode material (BAM) facility in Vietnam in collaboration with local lithium-ion battery manufacturer VinES Energy Solutions (VinES). The Australian graphite producer will support VinES with its U.S.-patented BAM processing technology, whereas VinES, a member of the Vin Group, will provide its services to support EcoGraf's expansion plans in the United States. EcoGraf will evaluate the potential to combine a localised graphite material supply in Vietnam with future feedstock from its Epanko project in Tanzania, the company said in a statement. "The agreement provides for a phased evaluation programme under which VinES and EcoGraf will initially assess and qualify local Vietnam graphite suppliers, with a view to incorporating domestic production into the supply chain," EcoGraf said. The companies will enter a binding agreement to jointly develop a battery anode supply chain in Vietnam with further options for certain financing, investments and product offtake agreements.

Persons: EcoGraf, Echha Jain, Kim Coghill, Subhranshu Organizations: Energy, Vin, Thomson Locations: Vietnam, United States, Tanzania

Reigning NBA MVP Joel Embiid of the Philadelphia 76ers has told USA Basketball that he intends to play for them at the Paris Olympics, a person with knowledge of the matter said Thursday. Embiid became a U.S. citizen last year and could have also chosen to play for France — or even Cameroon, his homeland, if it qualified for the Paris Games. The U.S. will try for a fifth consecutive gold medal at Paris next summer. Embiid is expected to address his decision later Thursday at 76ers' training camp in Fort Collins, Colorado. ___AP coverage of the Paris Olympics: https://apnews.com/hub/2024-paris-olympic-games

Persons: Joel Embiid, Embiid, Grant Hill, Stephen Curry, Kevin Durant, LeBron James, Bam Adebayo, Devin Booker Organizations: NBA, Philadelphia 76ers, USA Basketball, Paris Olympics, ESPN, France, Paris Games, Paris, 76ers, U.S Locations: U.S, Cameroon, Embiid, Fort Collins , Colorado, paris

☆ Jimmy Butler steals the show on NBA media day with ‘emo’ phase look following Damian Lillard’s trade to the Milwaukee Bucks
▼ + stars: | 2023-10-03 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Whether or not Miami Heat’s golden child Jimmy Butler’s new “emo” look is just a phase, the NBA star carried it off with some aplomb, drawing plenty of laughs from his teammates. Butler said he’s now “emo” and after the summer he and the Heat have had, who can blame him? “Yeah, yeah, yeah, laugh it up,” Butler said as he entered his press conference, pushing his fringe out of his eyes. Butler said his new look was down to his 'emotional state.' Certainly not someone to do things by halves, Butler was fully immersed in his new state and even posted songs from emo bands on his Instagram story throughout the day.

Persons: Jimmy Butler’s, Butler, he’s, Damian Lillard, Lebron James, Rebecca Blackwell, ” Butler, Gabe Vincent, Max Strus, isn’t, “, Jim Rassol, Bam Adebayo Organizations: CNN, NBA, Portland Trail Blazers, Miami, Milwaukee Bucks swooped, Lillard, Reuters Locations: Miami, South Beach, Wisconsin, Florida

“I will play in the Olympics next year,” Durant adamantly said at Phoenix’s media day. Hopefully this will help remind him.”Durant could join six women, all of them Americans, with four Olympic basketball golds. It’s been reasonable to think that USA Basketball will have plenty of experienced options to choose from next year. That pushes the list of realistic candidates for USA Basketball to choose from to about 40 names, at minimum. “I think anytime you’re asked to play for USA Basketball, it’s really hard to say no,” Miami forward and Olympic gold medalist Kevin Love said.

Persons: Kevin Durant, Durant —, —, Durant, ” Durant, Bam Adebayo, he’s, DeMar DeRozan, Devin Booker, Bradley Beal, Jaylen Brown, Donovan Mitchell, Khris Middleton, Julius Randle, Zach LaVine, Aaron Gordon, Fred VanVleet, Brook Lopez, Irving, Draymond Green, ”, LeBron James, he's, Joel Embiid, ” Embiid, “, I’m, that’s, Zion Williamson, Paul George, Kawhi Leonard, Kyle Kuzma, Jimmy Butler, Anthony Davis, ” Brown, Grant Hill, Sean Ford, Steve Kerr, I’ve, Sue Bird, Diana Taurasi, Teresa Edwards, Lisa Leslie, Tamika Catchings, Sylvia Fowles, Stephen Curry, Atlanta’s Trae Young, you’re, ” Young, It’s, — Durant, Chris Paul, Green, James, it’s, Kevin Love, Brian Mahoney, Dan Gelston, Greg Beacham, Andrew Seligman, Kristie Rieken, Teresa M, Walker, Noah Trister, Brett Martel, Steve Megargee, Kyle Hightower, Beth Harris, Tom Withers, Charles Odum, David Brandt, Pat Graham, ___ Organizations: Olympics, U.S, Dallas, Los Angeles Lakers, Paris Games, USA Basketball, FIBA, World, Team, USA, Paris, men’s, Golden State, Olympic, NBA, AP Sports Locations: France, Cameroon, Paris, Milwaukee, Miami

☆ A night inside a strip club near Ukraine’s front lines
▼ + stars: | 2023-10-02 | by ( Anna Conkling | ) www.businessinsider.com time to read: +19 min

By mid-afternoon, nine women have gathered around the dance pole at Flash Dancers, the only women-owned exotic dance club in Kharkiv. Valerii Kseniya, Flash Dancers' co-owner, in an undated photograph from her career as a professional dancer (left), and in July 2023. Iva Sidash for InsiderWhen Dana first joined Flash Dancers, Valeriya said, she was shy, silent, and not open to speaking with the team. Iva Sidash for InsiderOver the past year, several soldiers who were regulars at Flash Dancers have been killed in the fighting. Iva Sidash for InsiderThe evening at Flash Dancers could serve as a microcosm of Ukraine's tentative but determined return to normality.

Persons: Valeriya Zavadskaya, Christina Aguilera's, bam, Iva Sidash, Valeriya, Cher, proprietorship, Volodymyr Zelenskyy, Valeriya's, Valeriia Kseniya, Kseniya, Valerii Kseniya, —, Valeriya's lapdogs, Sara, Lady —, grimly, Dana, hasn't, they're, Gyrating, doesn't, they've, Yurii Tryfan, Yevgeny Prigozhin, Wagner, Tryfan, Lyuda, Maksyum, Pavlo, trundle, We've, Anna Conkling, Elle Organizations: showtime, Boys, Komsomol, league, Communist Party, Hustler, National University of Kharkiv, Valeriya, Flash Dancers, Monetary Fund Locations: Kharkiv, Ukraine's, Russian, Ukraine, Eastern Europe, bam, Soviet, South Korea, Bulgaria, Yugoslavia, Italy, Asia, Russia, Ukraine's Crimean, Moulin Rouge, Drohobych, Polish, USSR, Bakhmut, Kupyansk, Ukrainian, Kyiv, Berlin

SYDNEY, Sept 29 (Reuters) - The blocking of three major deals by Australia's antitrust regulator in the past year was a coincidence, its chair told Reuters, pushing back against concerns among bankers that it has become deal-averse. "There happens to have been a sequence, frankly coincidentally as it turns out, of oppositions," ACCC Chair Gina Cass-Gottlieb said in an interview. There are some concerns that it could be blocked as Brookfield owns AusNet, a poles and wires asset in Victoria state. Cass-Gottlieb also said she doubted foreign investors have been dissuaded from pursuing deals in Australia which does not require companies to get formal clearance before proceeding with a takeover. "The recent stream of merger blockages will make foreign investors think twice."

Persons: Gina Cass, Gottlieb, Canada's Brookfield, Cass, Stephen Corones, Hannah Marshall, it's, Byron Kaye, Scott Murdoch, Edwina Gibbs Organizations: Australian Competition, Consumer Commission, Telstra, TPG, ANZ, Transurban, Origin Energy, Brookfield, FOCUS Cass, Investors, Queensland University of Technology, Cass, Marque Lawyers, Thomson Locations: Melbourne, AusNet, Victoria, Australia, Queensland

☆ With Meta’s Quest 3, Mixed Reality Is Here. So Now What?
▼ + stars: | 2023-09-27 | by ( Brian X. Chen | More About Brian X. Chen | ) www.nytimes.com time to read: +2 min

In Bam!, I could see other Quest 3 wearers in the room while we controlled miniature robots that battled each other inside a virtual arena. It was a type of social gathering that feels antiquated now that internet speeds are zippy enough for us to play games online from our own homes. Naer is a start-up working on a mixed-reality app for office workers to brainstorm ideas on virtual white boards and sticky notes. “But when you’re using mixed reality, you’re still a very much part of the real world — you’re no longer surprised.”Peeking into the outside world might also make V.R. Tommy Palm, the chief executive of Resolution Games, said that in mixed reality, gamers would probably feel more confident playing games that involved fast movement.

Persons: you’re, ”, Sondre Kvam, ” Peeking, Tommy Palm Organizations: Resolution Locations: Bam, Norway

☆ SBB shares up 37% on cash infusion, end of strategy review
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

OSLO, Sept 25 (Reuters) - Shares of Swedish property group SBB (SBBb.ST) rose 37% in early trade on Monday after it announced on Sunday it would reorganise its business, securing an 8 billion crown ($719 million) cash boost and ending a strategic review. "The fact that SBB is freeing up 8 billion crowns must be seen in a very positive light. In a crisis, it is almost all about having liquidity, and SBB is getting it now," Carlsquare analyst Bertil Nilsson said. SBB, which has seen its shares plunge 95% since early 2022 on concerns over the group's viability, also on Sunday presented a decentralised structure to boost its transparency and funding options. ($1 = 11.1296 Swedish crowns)Reporting by Terje Solsvik and Jesus Calero, editing by Anna RingstromOur Standards: The Thomson Reuters Trust Principles.

Persons: Bertil Nilsson, Terje Solsvik, Jesus Calero, Anna Ringstrom Organizations: SBB, EduCo, Brookfield Asset Management, Brookfield, Core Infrastructure Partners, Thomson Locations: OSLO, EduCo, Brookfield, Swedish

☆ SBB sells 1.16% of education unit, receives $700 million as part of loan repayment
▼ + stars: | 2023-09-24 | by ( Rishabh Jaiswal | ) www.reuters.com time to read: +2 min

Sept 24 (Reuters) - Swedish property group SBB (SBBb.ST) on Sunday divested 1.16% of its education subsidiary EduCo to Brookfield Super-Core Infrastructure Partners for around 242 million Swedish crowns ($21.73 million) as it looks to bolster its finances. SBB will hold approximately 49.84% of EduCo after the divestment, following which EduCo will be controlled by Brookfield. As part of the deal announced on Sunday, EduCo will repay part of its inter-company loan from SBB, resulting in the Stockholm-based company receiving approximately 7.8 billion Swedish crowns ($700.46 million) in cash. SBB's remaining loan to EduCo will be around 5.5 billion Swedish crowns. Brookfield Super-Core Infrastructure Partners is the infrastructure fund of Canada's Brookfield Asset Management(BAM.TO).

Persons: EduCo, Brookfield, Rishabh, Barbara Lewis, Sharon Singleton Organizations: SBB, Sunday, Brookfield, Core Infrastructure Partners, International Monetary Fund, Brookfield Asset Management, Community, Thomson Locations: Brookfield, Sweden, Stockholm, EduCo, Bengaluru

MANILA, Philippines (AP) — There was a long flight awaiting USA Basketball on Monday. And now, every bit of USA Basketball’s focus shifts to the Paris Olympics — where the challenge will be even tougher than the World Cup, which again reminded the Americans how much the FIBA game has changed. “The narrative about USA Basketball and FIBA, and do we need reminders, we’re past that,” U.S. coach Steve Kerr said. We do a great job as an organization at (USA Basketball) as far as respecting the game. Those are the colors of the uniforms USA Basketball will be wearing.

Persons: Steve Kerr, ” Kerr, — Erik Spoelstra, Tyronn Lue, Mark Few, Grant Hill, Sean Ford, “, ”, Carmelo Anthony, Austin Reaves, Josh Hart, Jalen Brunson, Anthony Edwards, “ I’ll, Bridges, Stephen Curry, Kevin Durant, LeBron James, Bam Adebayo, Devin Booker, Jayson Tatum, Draymond Green, we’ve, “ We’ve, Joel Embiid, he’s, Tim Reynolds, ap.org ___ Organizations: USA, Paris, NBA, Paris Olympics —, FIBA, USA Basketball, Olympics, Paris Games, Basketball, Tyrese, United, Paris Olympics, Associated Press, AP Locations: MANILA, Philippines, Manila, Los Angeles, U.S, Paris, men’s, America, Tyrese Haliburton, USA, Canada, Tokyo, United States, France, Cameroon, treynolds

Just beyond the room, about 200 celebrities, fashion designers and media figures were packed tightly into a light-blue ballroom in the mansion. The night before, Mr. Adams hosted a different event on the other side of Central Park. “The crisis, not the people, the crisis is undermining the economic strength of our city,” he said. “The people want to come here to work, and their inability to do so, they can’t contribute to the city. It’s going to impact our police, it is going to impact our streets, it is going to impact everything in our city.”“And it is just wrong for New York City residents, taxpayers,” he continued.

Persons: Bam Bam ”, Sister Nancy, Doechii, Anna Wintour, Stacey Bendet, Gabriela Hearst, Vera Wang, David Lauren, Jordan Roth, Kathryn Newton, Adams, ”, “ Organizations: Vogue, Fund, New Locations: Central, New York, New York City, ”

☆ Binance files for protective order against SEC
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoAug 15 (Reuters) - Crypto exchange Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission saying the regulator's requests for information were "over broad" and "unduly burdensome". In a court filing in the US District Court of Columbia, BAM Trading, Binance U.S.'s operating company and BAM Management said the group had already provided sufficient information to the regulator. The protective order seeks to limit the SEC, among other things, to four depositions from BAM employees, and to drop the deposition of BAM's chief executive and of its chief financial officer, without naming anyone. Binance and the SEC did not immediately respond to a request for comment. The SEC has declined BAM's proposals to meaningfully limit its requests and is opposed to the motion for a protective order, the filing said.

Persons: Dado Ruvic, Changpeng Zhao, Lavanya, Kim Coghill, Sharon Singleton Organizations: REUTERS, U.S . Securities, Exchange Commission, Court, Columbia, BAM, BAM Management, SEC, Thomson Locations: U.S, Bengaluru

☆ Focus: Colombia's potential renewables boom short circuits on Indigenous resistance
▼ + stars: | 2023-08-15 | by ( Nelson Bocanegra | ) www.reuters.com time to read: +7 min

Solar photovoltaic array is seen at a solar power field of the company Celsia, in Yumbo, Colombia, February 6, 2019. Joanna Barney, a researcher at non-governmental organization Indepaz said she was aware of the deaths associated with conflicts over renewables projects. Renewables - even if ostensibly more environmentally-friendly - are facing hurdles similar to those confronted by oil and mining companies, long Colombia's top sources of income. Wind and solar provide less than 1% - about 300 megawatts - of Colombia's current energy generation. "The projects aren't operating and it doesn't seem like they will start in the next two years," said Alejandro Lucio of Optima Consultores, which advises renewables companies.

Persons: Julia Symmes Cobb, Gustavo Petro, Italy's, Petro, Jose Silva, Silva, Enel, Colombia Erik Hoeg, Hoeg, Joanna Barney, Indepaz, Alexandra Hernandez, Alejandro Lucio, Optima, Nelson Bocanegra, Christian Plumb Organizations: REUTERS, University of La, EDP Renewables, Brookfield Asset Management, AES, El, Nacion, Reuters, Renewables, Colombian Renewable Energy Association, Thomson Locations: Yumbo, Colombia, BOGOTA, Colombia's La Guajira, Guajira, University of La Guajira, Energi, Brookfield, La Guajira, Colombia's, Europe, Chile, Mexico

☆ On tap next week: Two key inflation reports and 4 Club earnings releases. Here's what we're looking for
▼ + stars: | 2023-08-05 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Economic releases : The Labor Department releases its monthly consumer price index and producer price index on Thursday and Friday, respectively. For that reason, we'd be content if the July figure doesn't indicate a resurgence of rising wholesale costs, which is a concern given a recent uptick in energy prices. On Tuesday before the opening bell, Club holding Eli Lilly (LLY) reports. Finally, Club names Walt Disney (DIS) and Wynn Resorts (WYNN) will report on Wednesday after the closing bell. In preparation for these releases, be sure to check out our first-quarter earnings report card .

Persons: we'll, Knight, Eli Lilly, We'll, donanemab, Walt Disney, We're, Tyson, Henry Schein, Li Auto, Armour, WEN, Ralph Lauren, Price, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Labor Department, Reserve, Manufacturing, ADP, Fitch, AAA, U.S ., PPI, Coterra Energy, Walt, Wynn Resorts, Disney, Tyson Foods, TSN, KKR, Energy, Paramount, UPS, Barrick, Duke Energy, Restaurant Brands, Warner Music, Fox Corp, NRG Energy, AMC, Bros, Endeavor, IAC, Sony, SONY, Brookfield Asset Management, WYNN, Trade, Novo Nordisk, US Foods, News Corp, Air Canada, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Getty Locations: United States, Mounjaro, Hollywood, Las Vegas, Boston, Macao, PENN, Valvoline, VVV, Credicorp, New York City

LONDON, July 28 (Reuters) - French telecoms firm TDF is studying options for its fibre business including a sale, four people familiar with the matter told Reuters, in a deal that could value the fibre unit upwards of 1 billion euros. The sellers are looking for as much as 1.3 billion to 1.6 billion euros for the fibre unit, according to one of the people, a price that buyers may find difficult to swallow. TDF - a former unit of France's leading telecoms operator Orange - provides broadcasting, fibre and telecoms infrastructure with some of its radio antennas sitting on top of the Eiffel Tower in Paris. The fibre unit's EbitdaAL, which deducts the cost of the leases from EBITDA, reached 28.7 million euros last year up from 21.6 million euros a year earlier, while revenues grew 42.8% to 52 million euros, according to TDF’s latest annual results. Two of the sources said the fibre unit's valuation will depend on the number of homes connected to fibre, market penetration and growth rate.

Persons: Brookfield, Sweden's, Les Echos, Andres Gonzalez, Amy, Jo Crowley, Jonathan Oatis Organizations: TDF, Reuters, Brookfield Asset Management, BNP Paribas, BNP, Brookfield, Orange, Eiffel, Sweden's EQT Partners, PSP Investments, APG, Management, Arcus Infrastructure Partners, Agricole, CAA, Thomson Locations: Paris, Europe, TDF, EBITDA

☆ FDIC launches sale of $18.5 billion of Signature Bank loans
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

July 28 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio from Signature Bank this week, a set of loans linked to major private equity and investing firms, according to the regulator's website. The FDIC hired Newmark Group (NMRK.O) in March to sell about $60 billion of Signature Bank's loans, after state regulators decided to close down the failed lender amid a turmoil in regional banks earlier this year. The sale was launched on July 25 and is limited to FDIC-insured depository institutions, the Bloomberg report said. The notice reads that the loans for sale "consist of subscription credit facilities to private equity funds." Reporting by Pritam Biswas in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Thoma, Newmark, Pritam Biswas, Arun Koyyur Organizations: U.S, Federal Deposit Insurance Corporation, Signature Bank, Starwood Capital Group, Carlyle Group, Blackstone, Thoma Bravo, Brookfield Asset Management, Bloomberg, FDIC, Newmark Group, Thomson Locations: Bengaluru

☆ Opinion | American Theater Is Collapsing. The Federal Government Must Save It.
▼ + stars: | 2023-07-19 | by ( Isaac Butler | ) www.nytimes.com time to read: +2 min

The American theater is on the verge of collapse. The Humana Festival of New American Plays, a vital launching pad for such great playwrights as Lynn Nottage and Will Eno over the past four decades, was canceled this year. This season the Williamstown Theater Festival, one of our most important summer festivals, will consist of only one fully produced work, alongside an anemic offering of staged readings. The Lookingglass, a major anchor of Chicago’s theater scene, is halting production for the year. Nonprofit theaters are where many recent hits — including “A Strange Loop” and “Hamilton,” both of which won Pulitzer Prizes — started out.

Persons: Lynn Nottage, Will Eno, Edward Albee, August Wilson, Tony Kushner, Annie Baker, Simon, Garfunkel’s, “, “ Hamilton, ”, — Organizations: Public, New, Williamstown Theater, Oregon Shakespeare, Brooklyn Academy of Music, Nonprofit Locations: Oregon, New York

☆ Private equity gears up for a deal fest Down Under
▼ + stars: | 2023-07-11 | by ( Antony Currie | ) www.reuters.com time to read: +5 min

So it’s fitting that one of the country’s most hotly contested deals involving overseas private equity firms is for Rugby Australia. It’s also a teaser for the deal fest buyout shops are gearing up for Down Under. Another veteran, Blackstone (BX.N), has doubled its private equity headcount over the past couple of years. Reuters GraphicsWith $676 billion of private equity dry powder in the Asia-Pacific region, according to consultancy Bain & Co, regularly capturing a two-fifths share implies up to $270 billion of capital could be heading Down Under in the coming years. Australia, he said, was too small and too competitive for private equity firms to make money.

Persons: It’s, Blackstone, EQT, they’re, it’ll, there’s, Brian Hong, Robyn Mak, Thomas Shum Organizations: MELBOURNE, Reuters, Rugby Australia, CVC Capital Partners, Australian Financial, Down, Brookfield Asset Management, CVC, Nine Entertainment, AusNet Services, MidOcean Energy, Origin Energy, Retirement Trust, Consumer, Sydney Airport, Bain & Co, Reserve Bank of Australia, U.S . Federal Reserve, Macquarie Capital, Thomson Locations: Asia, Australia, China, People’s Republic, Asia Pacific, Pacific

☆ The 'Bitcoin Family' has a special algorithm that tracks moon cycles — and it's helped them gain 50% since the bear market bottom
▼ + stars: | 2023-07-11 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Didi Taihuttu in Lagos, Portugal MacKenzie SigalosTaihuttu's indicator considers a mix of inputs, including directional trading data and moon cycles. Moving Average Convergence Divergence (MACD) compares two moving averages of a cryptocurrency's price by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the Death Cross , signaling a bear market may be imminent. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the , signaling a bear market may be imminent. Price chart showing the 'Didi BAM BAM' market indicator Didi TaihuttuAnd then there are the intangible price influencers — like moon phases.

Persons: Thailand Didi Taihuttu LAGOS, Didi Taihuttu, Portugal MacKenzie Sigalos Taihuttu's, Bitcoin, Taihuttu, DAI —, Didi, Portugal MacKenzie, Portugal —, Portugal Didi Taihuttu, Mayer, It's, Price, —, I'm, Didi Bam Bam, Thailand Didi, ChatGPT, Goldman Sachs, Marco Argenti, Goldman, Louisa, David Solomon, Morgan Stanley, Morgan, Jeff McMillan, — CNBC's Ryan Browne Organizations: CNBC, Didi BAM, BAM, Bollinger Bands, Bollinger, Lightning Networks Locations: Phuket, Thailand, PORTUGAL, Lagos, Algarve, Taihuttu, bitcoin, Portugal, cryptocurrency, ChatGPT

☆ Brookfield to buy annuities provider American Equity in $4.3 bln deal
▼ + stars: | 2023-07-05 | by ( Manya Saini | Thomson Reuters | Manya Saini Reports On Prominent Publicly Listed U.S. Financial Firms Including Wall Street S Biggest Banks | ) www.reuters.com time to read: +2 min

July 5 (Reuters) - Canadian investment firm Brookfield (BN.TO) on Wednesday agreed to buy the remaining stake in American Equity Investment Life Holding (AEL.N) that it did not already own, valuing the long-sought-after annuities provider at $4.3 billion. It represents a 35% premium to AEL's last closing price on the New York Stock Exchange before media reports of a possible takeover bid from Brookfield emerged. The deal consists of $38.85 in cash and the rest in shares of Brookfield Asset Management's (BAM.TO). AEL shares had touched a record-high of $53.68 when the bid was announced on June 27 and have been trading around the same levels. If the deal is terminated, AEL has agreed to pay Brookfield Reinsurance a termination fee of $102 million.

Persons: Jon Bayer, Manya Saini, Nivedita Bhattacharjee, Arun Koyyur Organizations: Equity Investment Life, AEL, Elliott Investment Management, Prosperity, Brookfield, New York Stock Exchange, Brookfield Asset, FIA, Athene, Massachusetts Mutual Life Insurance, Thomson Locations: Brookfield, Athene Holding, Bengaluru

CORPORATE DROPBOXESFTA, GoAnywhere MFT, and MOVEit Transfer are corporate versions of file sharing programs consumers use all the time, like Dropbox or WeTransfer. MFT software often promises the ability to automate the movement of data, transfer documents at scale and provide fine-grained control over who can access what. MFT PROGRAMS CAN BE TEMPTING TARGETSRunning an extortion operation against a well-defended corporation is reasonably difficult, said Recorded Future analyst Allan Liska. "If you can get to one of these file transfer points, all the data is right there. HACKER TACTICS ARE SHIFTINGScooping up data that way is becoming an increasingly important part of the way hackers operate.

Persons: Ransom, GoAnywhere MFT, James Lewis, WeTransfer, Allan Liska, Bam, Liska, Joe Slowik, Huntress, Raphael Satter, Grant McCool Organizations: Software, GoAnywhere, Thomson

Employees in Binance.US' legal, compliance and risk departments were among those dismissed, the people told Reuters, requesting anonymity because the matter is private. The SEC also sued Binance.US' operating company, BAM Trading, alleging that it misled investors about "non-existent trading" controls over its platform. A day later, the SEC asked a federal court to freeze Binance.US' assets, including more than $2.2 billion held in crypto and some $377 million in U.S. dollar bank accounts. Two Binance.US employees said on LinkedIn on Wednesday they were leaving the company, with one citing a "round of layoffs." Reporting by Angus Berwick and Tom Wilson; edited by Elisa Martinuzzi and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Binance, Changpeng Zhao, Binance.US, Angus Berwick, Tom Wilson, Elisa Martinuzzi, Richard Chang Organizations: U.S, Reuters, SEC, BAM, LinkedIn, Thomson

The SEC also sued Binance.US' operating company, BAM Trading, alleging that it misled investors about "non-existent trading" controls over its platform. A day later, the SEC asked a federal court to freeze Binance.US' assets, including more than $2.2 billion held in crypto and some $377 million in U.S. dollar bank accounts. 'ROUND OF LAYOFFS'Two Binance.US employees said on LinkedIn on Wednesday they were leaving the company, with one citing a "round of layoffs." Binance.US had avoided layoffs over the past year, Shroder wrote in the message. In a court filing on Monday, Binance.US' operator, BAM Trading, said the SEC's asset freeze request would "effectively put BAM out of business."

Persons: Binance, Changpeng Zhao, Binance.US, Brian Shroder, Shroder, Angus Berwick, Tom Wilson, Elisa Martinuzzi, Richard Chang, Louise Heavens Organizations: U.S, Reuters, SEC, BAM, Management, LinkedIn, Thomson

☆ Denver Nuggets beat Miami Heat to win first NBA title
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

[1/2] Jun 12, 2023; Denver, Colorado, USA; Denver Nuggets center Nikola Jokic (15) battles for a rebound against Miami Heat forward Jimmy Butler (22) and center Bam Adebayo (13) during the third quarter of game five of the 2023 NBA Finals at Ball Arena. Mandatory Credit: Isaiah J. Downing-USA TODAY SportsJune 12 (Reuters) - Led by 28 points from Nikola Jokic, the Denver Nuggets beat the Miami Heat 94-89 on Monday to bring a first NBA title to Mile High City. With a raucous capacity crowd packed into Ball Arena ready to celebrate, the Nuggets ended a 47-year championship wait by taking the best-of-seven series 4-1. Of the 36 teams that have fallen behind 3-1 in an NBA Finals only one, the 2016 Cleveland Cavaliers, came back to claim the Larry O’Brien Championship Trophy. Making the task even more daunting, Ball Arena has been a virtual fortress for the Nuggets, who were 9-1 at home during the postseason.

Persons: Nikola Jokic, Jimmy Butler, Bam Adebayo, Isaiah J, Downing, Jokic, Michael Porter Jr, Larry O’Brien, Steve Keating, Christian Schmollinger Organizations: Denver Nuggets, Miami Heat, Ball, USA, NBA, Nuggets, Milwaukee Bucks, Milwaukee Bucks , New York Knicks, Boston Celtics, Cleveland Cavaliers, Thomson Locations: Denver , Colorado, USA, High City, Serbian, Milwaukee Bucks ,, Miami, Toronto

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