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Bayer slow-motion breakup may leave clunky core
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 8 (Reuters Breakingviews) - Bayer’s (BAYGn.DE) planned surgery risks leaving an ailing rump. Valued in line with peers, Bayer’s seeds, drugs and consumer units could be worth 54 billion euros, 38 billion euros and 16 billion euros respectively, according to Breakingviews calculations using LSEG data. Take off debt and pensions, and Bayer’s equity should total nearly 60 billion euros, some 47% above its current market capitalisation. But hiving off the seeds business would leave a pharma business hitched to a consumer unit, a model shunned by rivals Pfizer (PFE.N), Sanofi (SASY.PA) and GSK (GSK.L). They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: weedkiller, Bill Anderson’s, Anderson, Aimee Donnellan, Neil Unmack, Oliver Taslic Organizations: Reuters, Pfizer, Sanofi, GSK, X, SEC, Paramount, Thomson
Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.
Persons: António Guterres, , Israel, Tamara Alrifai, Emily Callahan, Khan Younis, , Mahmud Hams, Mohammed Abed, Leo Correa, Amir Cohen, Mohammed Alaloul, Majdi, Fatima Shbair, Alexi J . Rosenfeld, Khan, Mustafa Hassona, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Shir Torem, Salman Habaka, Ariel Schalit, Ibraheem Abu Mustafa, Yuval Zilber, Ronen Zvulun, Hatem Ali, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Abed Zagout, Fadel Senna, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Bernat, Abed Rahim Khatib, Ilan Rosenberg, Ashraf Amra, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Benjamin Netanyahu, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Ahmad Hasaballah, Jack Guez, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Mohammed Salem, Amir Levy, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Said Khatub, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Mohammed Dahman, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Samar Abu, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Robert Wood, Lana Zaki Nusseibeh, it’s, Guterres, Gilad Erdan Organizations: CNN, United Nations, UN, Hamas, UN Relief and Works Agency for Palestine Refugees, Training, Getty, Reuters, AP, Israel Defence Forces handout, Israel Defense Forces, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, Al, Najjar, IDF, EyePress, New York Times, Israeli, Getty Images, Nasser Medical Hospital, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, Reuters Police, Reuters Rockets, UN Security, US, Security, United Arab Emirates, Security Council, ABC News Locations: Gaza, New York, Israel, Egypt, East, American, Khan Younis, AFP, Rafah, Jerusalem's, City, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Anadolu, Tel Aviv, Ashkelon, Al, Gaza City, Haifa, Yanuh Jat, Netaim, Jerusalem, Israeli, Golan Heights, Lebanon, Sderot, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Deir Al, Balah, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir al, Kibbutz Kissufim, Zahra City, Europe, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Samar, Samar Abu Elouf, Beit Kama, Cyprus, Kfar Saba, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Kfar Aza, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, “ Israel, United Kingdom, UAE, China,
CNN —The Supreme Court seemed poised Tuesday after oral arguments to rule in favor of a federal law that bars individuals subject to certain domestic violence restraining orders from possessing firearms. Barrett noted that domestic violence is “dangerous.” But looking to the next case she asked about “more marginal cases” that might not offend the constitution. Thomas referred to the “thin record” in the case and wondered about the fact that the domestic violence allegations had been made in a civil – not a criminal – proceeding. Due process was central to a friend of the court brief filed by the NRA in the case. “I’m just trying to understand how the Bruen test works in a situation in which there is at least some evidence that domestic violence was not considered to be subject to the kinds of regulation that it is today,” she said.
Persons: Elizabeth Prelogar, , John Roberts, Zackey Rahimi, Prelogar, Clarence Thomas, Thomas, ” Roberts, Roberts, , , Amy Coney Barrett Long, Amy Coney Barrett, Barrett, ” Barrett, Alito, Rahimi, Samuel Alito, J, Matthew Wright —, Neil Gorsuch, hadn’t, Ketanji Brown Jackson, “ I’m, Jackson, White, Elena Kagan, ” Kagan Organizations: CNN, New York, Inc, ACLU, National Rifle Association, NRA Locations: Maine, Wisconsin, Bruen
Voters in Ohio will decide on enshrining abortion rights in the state constitution, as well as legalizing recreational marijuana use. Will voters in Ohio back abortion rights? Even in deeply Republican states like Kansas, voters have overwhelmingly supported abortion access. Beyond abortion, the most watched initiative will be, again, in Ohio, where voters will decide whether cannabis should be legalized for recreational use. If voters agree, Ohio would become the 24th state to legalize marijuana.
Persons: Biden’s, Donald J, Trump, Biden, Glenn Youngkin, Youngkin, Daniel Cameron, Andy Beshear, Steve Beshear, Beshear, Roe, Wade, Frank LaRose, Thomas E, Dobbs, Jackson, Tate Reeves, Brandon Presley, Presley’s, Brett Favre, Reeves, I’ve, Mr, Presley, Elvis Presley, Elizabeth Warren of Organizations: New York Times, Democratic, Republican, State Senate, Republicans, , Supreme, Affordable, Mississippi Public Service Commission, Texans, Liberal Locations: Ohio, Ohio , Kentucky, Virginia , Mississippi, Siena, Virginia, Kentucky, Richmond, Kansas, Mississippi, Dobbs v, Nettleton, Elizabeth Warren of Massachusetts
Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.
Persons: John Spencer, , Syria’s Raqqa, Joe Biden, Israel, Khan, Ahmad Hasaballah, Ariel Schalit, Abed Rahim Khatib, Ronen Zvulun, Mahmud Hams, Leo Correa, Mohammed Abed, Amir Cohen, Mohammed Alaloul, Majdi, Fatima Shbair, Alexi J . Rosenfeld, Mustafa Hassona, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Shir Torem, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Hatem Ali, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Abed Zagout, Fadel Senna, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Bernat, Ilan Rosenberg, Ashraf Amra, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Khan Younis, Benjamin Netanyahu, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Jack Guez, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Mohammed Salem, Amir Levy, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Mohammed Dahman, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, , They’ve, it’s, Al Qaeda Organizations: Modern War, Warfare, Social, CNN, Israel Defense Forces, UN, IDF, Nasser Medical, AP, Najjar, Reuters, Hamas, Getty, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, Al, EyePress, New York Times, Israeli, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, United Nations, Reuters Police, Reuters Rockets, International Committee, Twitter, ISIS Locations: West, Iraq, Mosul, Syria’s, United States, Gaza, Israel, Germany, France, Jabalya, Khan Younis, Tel Aviv, Jerusalem, AFP, Jerusalem's, City, Rafah, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Anadolu, Ashkelon, Al, Gaza City, Haifa, Yanuh Jat, Netaim, Israeli, Golan Heights, Lebanon, Egypt, Sderot, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Deir Al, Balah, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Europe, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Kfar Saba, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Kfar Aza, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Raqqa
Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.
Persons: Mary Ellen O’Connell, Robert, Marion Short, , , Mary Ellen, Khan, Ahmad Hasaballah, Ariel Schalit, Abed Rahim Khatib, Ronen Zvulun, Mahmud Hams, Leo Correa, Mohammed Abed, Amir Cohen, Mohammed Alaloul, Majdi, Fatima Shbair, Alexi J . Rosenfeld, Mustafa Hassona, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Shir Torem, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Hatem Ali, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Abed Zagout, Fadel Senna, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Bernat, Ilan Rosenberg, Ashraf Amra, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Khan Younis, Benjamin Netanyahu, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Jack Guez, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Mohammed Salem, Amir Levy, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Mohammed Dahman, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, , Ron Dermer, NPR’s Tom Bowman Organizations: Kroc, University of Notre Dame, Defense, CNN, Hamas, Mary Ellen O'Connell University of Notre Dame International, UN, UN Security Council, International Court of Justice, Nasser Medical, AP, Najjar, Reuters, Getty, Israel Defence Forces handout, Israel Defense Forces, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, Al, IDF, EyePress, New York Times, Israeli, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, United Nations, Reuters Police, Reuters Rockets, ISIS, United States, Gaza, US, Criminal, Pentagon Locations: Gaza, Israel, Khan Younis, Tel Aviv, Jerusalem, AFP, Jerusalem's, City, Rafah, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Anadolu, Ashkelon, Al, Gaza City, Haifa, Yanuh Jat, Netaim, Israeli, Golan Heights, Lebanon, Egypt, Sderot, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Deir Al, Balah, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Europe, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Kfar Saba, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Kfar Aza, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, United, Iraq, Syria, Geneva, Rome
UBS faces a long wait for M&A share-price boost
  + stars: | 2023-11-07 | by ( Liam Proud | ) www.reuters.com   time to read: +3 min
But investors in his bank UBS (UBSG.S) still seem relatively cool on his Credit Suisse acquisition. Ermotti has reversed the client exodus that ultimately sank Credit Suisse. Yet there’s much to do before investors give UBS credit for that rosier future. Bloomberg reported in September that the U.S. Department of Justice had stepped up a probe into Credit Suisse and UBS over suspected Russian compliance failures. The group also booked a $2 billion expense related to the cost of integrating Credit Suisse, which it bought earlier this year.
Persons: Sergio Ermotti, Ermotti, Ermotti reckons, UBS’s, there’s, Neil Unmack, Streisand Neto Organizations: Reuters, UBS, Credit Suisse, Analysts, Bloomberg, U.S . Department of Justice, Reuters Graphics Reuters, Alpha, Suisse, Thomson
SummaryCompanies Fares up 24% during summer seasonProfit up 59% in six months to end-SeptemberFirst regular dividend of 400 mln eur due next yearDUBLIN, Nov 6 (Reuters) - Ryanair (RYA.I) on Monday forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24% during the summer season. Europe's largest airline by passenger numbers said it expects an after-tax profit of between 1.85 billion and 2.05 billion euros for the year to end-March, easily beating its previous record of 1.45 billion euros in 2018. "We're pleased to report strong half year results ... due to a very strong Easter, record summer traffic," Group Chief Executive Michael O'Leary said in a video presentation. A maiden ordinary dividend of 400 million euros will be split between an interim payment of 200 million euros in February and a final dividend of 200 million euros in September next year. For subsequent financial years Ryanair plans to return approximately 25% of the after-tax profit posted the previous year by way of an ordinary dividend, the airline said.
Persons: We're, Michael O'Leary, Neil Sorahan, Sorahan, Conor Humphries, Simon Cameron, Moore, Kirsten Donovan Organizations: Ryanair, Europe's, Irish, Boeing, MAX, Thomson Locations: DUBLIN, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIn the push to decarbonize we've take our eye off of reliability and affordability: Neil ChatterjeeHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Neil Chatterjee, Brian Sullivan, Organizations: CNBC
On the national debate stage, in interviews and at town halls, the message on immigration from every top Republican in the 2024 presidential race has resounded clearly: It is time to shut down the nation’s southern border. Coming into view now is how candidates would approach the issue of undocumented immigrants who are already in the United States — of both those who have been living and working in the country for years, and those who have entered more recently. In a packed diner in Londonderry, N.H., on Thursday, Nikki Haley, the former governor of South Carolina who has called on the United States to “close” the border and defund “sanctuary cities,” was pressed on just that issue by a potential voter. The question of how to provide an avenue to citizenship or permanent legal residency for immigrants, whether undocumented or under temporary forms of protection like DACA, has long been at the center of the debate around overhauling the nation’s immigration laws. Her response to Neil Philcrantz, 71, a Republican and retired quality engineer from the nearby town of Hudson, was revealing in its encapsulation of Republicans’ embrace of hard-line tactics and her own rhetorical shifts on the issue.
Persons: Nikki Haley, Neil Philcrantz, Organizations: Republican Locations: United States, Londonderry, N.H, South Carolina, Hudson
2024 Mazda3 Hatchback: A High-Octane Debate
  + stars: | 2023-11-03 | by ( Dan Neil | ) www.wsj.com   time to read: +1 min
HUSTLE BUSTLE The 2024 Mazda3 Hatchback (base MSRP $25,690, with front-wheel drive) offers a choice of two turbocharged 2.5-liter engines, one producing 191 hp and the other producing either 227 hp (regular gas) or 250 hp (premium). Photo: MazdaTHE NEXT TIME you put gas in your car, if you still do, take note of the filler flap, where some manufacturers specify the use of premium fuel. Considering the price difference between regular and premium—in my home state of North Carolina last week, 78 cents per gallon—that’s a pretty big ask. The 2024 Mazda3 Hatchback Turbo Premium Plus doesn’t insist that you buy premium. If you put regular gas in the Mazda , you will feel a maximum of 227 hp under your haunches; if premium, the figure jumps to 250 hp.
Organizations: California Air Resources Board, Mazda Locations: North Carolina
UBS Both stocks and bonds retreated in October in the wake of war in the Middle East and concerns about rates, UBS said. Wells Fargo Investment Institute In an Oct. 30 note, Wells Fargo said it expects a recession and the average stock will likely continue to struggle. How to invest UBS favors the higher-quality segments of fixed income, preferring high-grade government and investment-grade bonds. Overall, Wells Fargo said, it's most favorable on U.S. long-term taxable fixed income, and its short-term counterpart, and favorable on U.S. taxable investment-grade fixed income. It's least favorable on U.S. intermediate-term taxable fixed income and high yield taxable fixed income.
Persons: Stocks, Jerome Powell, it's, inching, Scott Wren, Wells Fargo, Wells Fargo's Wren, Schroders Bond, Schroders, Neil Sutherland, Sutherland, — CNBC's Michael Bloom Organizations: U.S, U.S . Federal, Treasury, Wells, Wells Fargo Investment Institute, UBS Locations: U.S ., Wells Fargo, U.S
And at the time that “Dancing Queen” came out, it wasn’t hard to hate a disco song, anyway — disco was despised by practically everyone I knew (with the exception of the kids who liked to roller skate). To this day, whenever I think I dislike a piece of music, I think about “Dancing Queen” and am humbled. And even then, if I don’t like something, I make a mental note to try it again in 10 years. Melodies as pure and evocative as the one in “Dancing Queen” don’t come along every day, and I mourn every single moment I missed loving this song. Playing it again as I write this, making up for lost spins, I feel overcome with gratitude for its existence.
Persons: Abba, didn’t, , I’d, — Neil Young, Young, , Benny, Anni, it’s, ” don’t
But it leaves only one significant nuclear weapons pact between Russia and the United States in place: the New START treaty. The Comprehensive Nuclear-Test-Ban Treaty, or CTBT, was an attempt under the umbrella of the United Nations to ban all nuclear tests. Adopted in 1996, it never came into effect because not enough key countries, including the United States, have ratified it. The New START is now the only nuclear weapons deal between the United States and Russia. Although Mr. Putin announced last February that Russia was suspending its participation, Russia has thus far stuck to the treaty limits.
Persons: Russia’s, Mr, Putin, Siberia — Organizations: United Locations: United States, Russia, Ban, United Nations, Washington, Ukraine, Europe, Siberia, Moscow
Upstart steals march on Atos’s M&A battle
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Sarah Meyssonnier Acquire Licensing RightsLONDON, Nov 2 (Reuters Breakingviews) - Atos (ATOS.PA) may have found a helper, and potential acquirer. Smaller rival Onepoint said on Wednesday that it had bought a 9.9% stake in the ailing French IT company. Mustier is trying to implement a plan devised before he took over, which will see Atos split into two entities. Its 10% stake will have cost no more than 70 million euros. If a 900 million euro rights issue included in the split plan is confirmed, the total outlay for the stake will be about 160 million euros.
Persons: Atos, Sarah Meyssonnier, Onepoint, Jean, Pierre Mustier, Daniel Kretinsky, Mustier, Pierre Briançon, Aston Martin, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, French IT, Airbus, Pfizer, Thomson Locations: Paris, France, French, Czech, Orange, cybersecurity
Sainsbury’s gain is private equity’s pain
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 2 (Reuters Breakingviews) - Red hot competition in the UK grocery market is favoring the largest players. Sainsbury’s CEO Simon Roberts reckons the 6.5 billion pound group has been taking market share from rivals including discounters Aldi and Lidl. That may not be good news for Sainsbury’s smaller peers like Morrisons and Asda, owned by Clayton, Dubilier & Rice and EG Group respectively. Both Sainsbury’s and Tesco have held their market shares relatively stable since 2021, when CD&R bought Wm Morrison. Sainsbury’s is currently valued at 5 times forward EBITDA, according to LSEG data.
Persons: J Sainsbury’s, Simon Roberts reckons, Wm Morrison, Aimee Donnellan, Aston Martin, Neil Unmack, Streisand Neto Organizations: Reuters, Aldi, Tesco, Clayton, Rice, EG, R, Asda, Morrisons, Pfizer, Thomson Locations: Britain’s, Asda, Dubilier
CVC IPO efforts may not be third-time lucky
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Nov 2 (Reuters Breakingviews) - CVC Capital Partners’ ambitions to become a publicly traded diversified asset manager are on the back burner. Shares of rival managers have been pummelled as investors fret over the Gaza conflict, a weakening economy and whether buyout groups can continue to flourish in an era of higher interest rates. True, interest rates may fall. But geopolitical tensions are unlikely to die down, given unresolved issues in the Middle East and Ukraine. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Dado Ruvic, Pamela Barbaglia, Aston Martin, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Partners, Financial Times, Moody’s, Pfizer, Thomson Locations: Amsterdam, Ukraine, Luxembourg, Gaza, East
The New York City-based dessert maker is transforming some of its famous treats into THC-infused edibles, including its banana pudding and red velvet cake. The limited-edition bars, which mark Magnolia’s first-ever cannabis product, “celebrate the brand’s most iconic, fan-favorite flavors in a new light,” the bakery said. That has created consumer interest in weed, including edibles, with the stigma of buying the drug dissipating. Perhaps once known for being just “pot brownies,” the edible market has blossomed into several categories and hundreds of brands, including gummies, mints and candy bars. “There is no real downside to Magnolia, as consumer opinions on cannabis are now relativity liberal,” he told CNN.
Persons: Magnolia, It’s, Scott Vickers, Neil Saunders, , Saunders Organizations: New, New York CNN, Green Thumb Industries, Marijuana, CNN, City, GlobalData Locations: New York, New York City, — Illinois, Nevada, Massachusetts
Mr. Presley has attacked Mr. Reeves over a welfare scandal exposed last year by Mississippi Today, which found that millions in federal funds were misspent. Mr. Reeves, who was the lieutenant governor during the years the scandal unfolded, has denied any wrongdoing, but the issue has been a focal point of the contest. Abortion access in OhioAs states continue to reckon with the overturning of Roe v. Wade by the Supreme Court last year, Ohio has become the latest front in the fight over access to abortion. Reproductive rights advocates succeeded in placing a proposed amendment on the November ballot that would enshrine the right to abortion access into the state constitution. One effort, a proposal to raise the threshold required for passing a constitutional amendment, was rejected by voters this summer.
Persons: Brandon Presley, Elvis Presley, Presley, Reeves, Roe, Wade Organizations: Democratic, Mississippi Today Locations: Ohio
The facade of seasonal Halloween decor store Spirit Halloween at a shopping center in Dublin, California, on Aug. 23, 2018. Smith Collection | Archive Photos | Getty ImagesHalloween is over, and your local Spirit Halloween is about to become a ghost town. The retailer opened a record 1,506 stores this season, up more than 50 stores from 2022, Spirit Halloween told CNBC. These become opportunities for Spirit Halloween, then, as the company pays to use the abandoned space for the Halloween season. Drew Richardson | CNBC"We have built great relationships with our real estate partners over the years," a representative for Spirit Halloween told CNBC.
Persons: it'll, Steven Silverstein, Silverstein, Drew Richardson, Maria, Jane, Neil Saunders, Saunders, Lana, I'm Organizations: Spirit, Spencer Spirit Holdings, Halloween, CNBC, Rite, CVS, Harmon, CVS Pharmacy, National Retail Federation Locations: Dublin , California, It's, New York, Manhattan's, New York City, New, Brooklyn Heights, Russia
Football Australia (FA) boss James Johnson had said the country was "exploring the possibility" of 2034, but on Tuesday the governing body said it would instead focus on bids for the 2026 Women's Asian Cup and the 2029 Club World Cup. The president of the Asian Football Confederation, the sport's continental governing body to which Australia belongs, said "the entire Asian football family" would stand united in support of the Saudi bid. Australia hosted a successful Women's World Cup this year but has never hosted a men's World Cup. "We believe we are in a strong position to host the oldest women’s international competition in the world - the AFC Women’s Asian Cup 2026 - and then welcome the greatest teams in world football for the 2029 FIFA Club World Cup," FA said. FIFA awarded the 2030 World Cup to Morocco, Portugal and Spain, also adding World Cup centenary games in Uruguay, Argentina and Paraguay.
Persons: James Johnson, Bernadett Szabo, Ian Ransom, Neil Fullick, John Stonestreet Organizations: Soccer Football, FIFA World, Qatar, Australia Press, Football Australia, Rights, Australia, FIFA, Asian Football Confederation, Saudi, AFC, Thomson Locations: Doha, Qatar, Saudi Arabia, Asia, Oceania, Australia, Indonesia, Malaysia, Singapore, Morocco, Portugal, Spain, Uruguay, Argentina, Paraguay, Melbourne
Palestinians walking among the rubble in the Tel al-Hawa neighborhood of Gaza City on Monday. As the Israeli tanks started rolling near Gaza City on Monday, the whispers began to spread — terrifying in their specificity, terrifying in their vagueness. I don’t want them to go through this.”Israel has warned for weeks that civilians in northern Gaza, including those in Gaza City, should evacuate south to avoid the violence. The New York Times has verified that the video was filmed this morning south of Gaza City on Salah Al-Din Road. “They call us directly and they warn us, telling us to leave and evacuate now, but the bombardments are relentless,” Ms. ElSayed told Al Jazeera.
Persons: Motaz, hunkered, Salah Al, Youssef Al Saifi, Hamda, Mr, Israel, ” Bilal Assabti, , Daniel Hagari, Jamal Azzam, , Assabti, “ We’ve, Youmna ElSayed, ElSayed, Ms, Al Jazeera, Christoph Koettl, Neil Collier Organizations: Credit, New York Times, Times, Turkish Palestinian Friendship Hospital, Al Locations: Tel, Gaza City, Gaza, Palestinian, Turkish, , , Al Jazeera
It's one of the surprising revelations in Willie Nelson 's new book, “Energy Follows Thought: The Stories Behind My Songs,” an examination of the 90-year-old country legend and soon-to-be Rock & Roll Hall of Famer 's seven decades of songwriting. “The melodies are easier to write than the words,” Nelson told The Associated Press in an interview ahead of Tuesday's release of his book. “I don’t write as much as I used to,” he told the AP. And on Friday, the same week the book is released, he'll be inducted into the Rock & Roll Hall of Fame. “You can get rock ‘n’ roll in country, rock and roll in any kind of music,” he said.
Persons: — Willie, Willie Nelson, it's, ” Nelson, , , ain’t, ’ ”, Nelson, songsmiths, Billy Walker's, Patsy Cline's, Patsy, , Mammas, Sydney Pollack, Rose, Pollack, ” Pollack, makin, David Ritz, Mickey Raphael, Neil Young, Snoop Dogg, he'll, Dolly Parton Organizations: ANGELES, Roll Hall of Famer, Associated Press, Be Cowboys, AP, Hollywood Bowl, Roll Hall of Fame Locations: Texas, Nashville
The boomer market boon
  + stars: | 2023-10-30 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
With that in mind, Bank of America has a way the rest of us can cash in on the boomer boon, writes Insider's Aruni Soni. Millennials vs. boomer spending Bank of AmericaIf you don't want to invest in boomers, you could always just invest like them. Regardless of what you decide to do with your money, just don't bank on getting more of it from your relatives. The billionaire hedge fund boss and owner of the New York Mets isn't expecting a deep recession or prolonged market downturn. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: , John Knox, Joe Raedle, boomers, They're, Insider's Aruni Soni, Treasurys, Insider's Filip De Mott, Cuban, Neil Cavuto, Steven Ferdman, Charlie Munger, Bill Ackman, Michael Baron, Steve Cohen, Linda Yaccarino, Elon Musk, Jerod Harris, Jenny Chang, Rodriguez, it's, Arantza Pena, Taylor Swift, Devin Booker, John Adams, Diego Maradona, Ivanka Trump, Keyatta Mincey, Parker, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bank of America, of America, Big Tech, Fox Business Network Studios, Dallas Mavericks, New York Mets, Elon, Elon Musk's, Microsoft, Google, Amazon Web Services, Kansas, HSBC Locations: Pompano Beach , Florida, New York City, Phoenix , Arizona, Local Kansas City, Kansas City, McDonald's, San Diego, London, New York
“This was not a real surprise for us,” Pironon told CNN; it’s common to find small amounts near the surface of a borehole. Arguably, the catalyst for the current interest in white hydrogen can be traced to this West African country. White hydrogen deposits have been found throughout the world, including in the US, eastern Europe, Russia, Australia, Oman, as well as France and Mali. “Natural hydrogen is a solution which will allow us to get get to speed” on climate action, he said. Natural Hydrogen Energy LLCFrom hype to realityThe challenge for these businesses and for scientists will be translating hypothetical promise into a commercial reality.
Persons: Jacques Pironon, Phillipe De Donato, ” Pironon, Pironon, “ Gray, ’ ”, Geoffrey Ellis, , , Ellis, Isabelle Moretti, Neil McDonald, Bill Gates, geochemist Viacheslav, ” Zgonnik, ” Ellis, that’s, De Donato’s, Organizations: CNN, National, of Scientific Research, US Geological Survey, University of Pau, University of Sorbonne, Geologists, Energy Ventures, Natural Hydrogen Energy, Hydrogen Energy Locations: France, Lorraine, Mali, Bourakébougou, University of Pau et, l’Adour, Europe, Russia, Australia, Oman, Yorke, South Australia, Denver, Nebraska, Kansas
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