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☆ Why Mark Cuban is leaving 'Shark Tank'—and 3 of his biggest moments on the show
▼ + stars: | 2023-11-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +6 min

It's official: Mark Cuban says he's leaving ABC's "Shark Tank" after more than a decade on the show. His 12 years — and counting — on "Shark Tank" have produced memorable moments, ranging from laugh-inducing to heartstring-pulling. Here are three of the most notable ones:The largest offer in 'Shark Tank' historyDuring Season 6, Cuban made the biggest offer in "Shark Tank" history to Arum, Soo and Dawoon Kang, the sisters behind dating app Coffee Meets Bagel. "How many people can say they baited a Shark ... even better, the biggest Shark, and [still] came away with a deal?" Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

Persons: Mark Cuban, He's, he's, Dawoon Kang, Kang, Bagel, Cuban, Justin Crowe, Crowe, Lori Greiner, Kevin O'Leary, O'Leary, Donovan, Trey Brown, Barbara Corcoran, Warren Buffett Organizations: Hollywood, NBA's Dallas Mavericks, CNBC, Cuban, Sharks, Golden State Warriors, Mavericks Locations: Cuban, Los Angeles

☆ Philips investor Exor: company's problems are "solvable"
▼ + stars: | 2023-11-30 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +2 min

TURIN/AMSTERDAM, Nov 30 (Reuters) - The CEO of Exor NV (EXOR.AS), the largest shareholder in Dutch healthcare equipment maker Philips NV (PHG.AS), on Thursday said he continues to believe the company's problems are solvable. Exor owns a 15% stake in Philips. The recall wiped nearly two-thirds off Philips' stock market valuation and new CEO Roy Jakobs has said that resolving the issue is his top priority. Philips stock is currently trading at 18.77 euros, about 25 cents higher than before Exor announced its investment in August. Exor is the investment arm of Italy's Agnelli family, with investments in manufacturing, sport, media, fashion, healthcare and technology companies.

Persons: John Elkann, Exor, Elkann, Roy Jakobs, Philips, Italy's Agnelli, Guilio Piovaccari, Toby Sterling, Kirsten Donovan Organizations: Exor NV, Philips NV, U.S . Food, Drug Administration, Philips, Exor, Thomson Locations: TURIN, AMSTERDAM, Turin, U.S

☆ Israeli cyber VC fund Cyberstarts names new general partner
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: 1 min

JERUSALEM, Nov 29 (Reuters) - Israeli venture capital fund Cyberstarts on Wednesday named Hila Zigman as general partner. Before joining Cyberstarts, Zigman worked closely with Cyberstarts portfolio company Noname Security as chief product officer, leading the company's development and product teams, and overseeing its Israeli headquarters. Zigman also served as a captain in the technology unit of the Israeli Defense Forces. Zigman's appointment comes two months after Cyberstarts announced its Scale fund with $480 million in committed capital slated for seed investments in cyber startups. Cyberstarts said it has $663 million of assets under management while its portfolio is valued at $30 billion.

Persons: Hila Zigman, Zigman, Cyberstarts, Steven Scheer, Kirsten Donovan Organizations: Cyberstarts, Security, Israeli Defense Forces, Thomson Locations: Cyberstarts

The inflation rate fell to 2.3% in November. Analysts polled by Reuters had expected inflation to ease to 2.6%. Core inflation, which excludes volatile food and energy prices, fell to 3.8% in November from 4.3% the previous month. "But the inflation rate will fall to below 3% as early as the beginning of next year," Wollmershaeuser said. Economists pay close attention to German inflation data, as Germany publishes its figures one day before the euro zone inflation data release.

Persons: Fabian Bimmer, Timo Wollmershaeuser, Wollmershaeuser, Commerzbank's, Ralph Solveen, Solveen, Bert Colijn, Colijn, Miranda Murray, Maria Martinez, Linda Pasquini, Sharon Singleton, Kirsten Donovan Organizations: REUTERS, Rights, Reuters, Union, European Central Bank, Thomson Locations: Hamburg, Germany, Spanish

MIAMI (AP) — Khris Middleton had a thought pop into his head immediately after Milwaukee topped Miami to finish group play in the NBA’s In-Season Tournament with an unbeaten record. Boston outscored the teams in its group by 27 points, compared with a plus-22 differential for Orlando and plus-20 for Brooklyn. That meant the Celtics won East Group C.“You just know what the reason is,” Nets forward Mikal Bridges said. The West race didn't end up with quite as much drama as the East had with the down-to-the-wire differential chasing. The teams that lose in the quarterfinals will play a to-be-added regular-season game against each other, East vs. East and West vs. West.

Persons: — Khris Middleton, “ We’re, ”, Middleton didn't, he'd, it'll, “, ” Middleton, It'd, Bridges, “ It’s, Chicago's Andre Drummond, Billy Donovan didn't, Boston's Payton Pritchard, ’ ”, Joe Mazzulla, Donovan, Josh Hart, Kyle Lowry, ” Lowry Organizations: MIAMI, Milwaukee, Eastern Conference, New York, Indiana, Boston, Western Conference, Los Angeles Lakers, Phoenix, Sacramento, Golden State, NBA, Lakers, Orlando, Brooklyn, Celtics, East Group, ” Nets, Chicago, Nets, Magic, Bulls, ’ ” Celtics, ”, East, Cavaliers, Knicks, Suns, Timberwolves, State, West, Warriors, Golden Locations: Miami, Vegas, Milwaukee, New, New Orleans, Las Vegas, Milwaukee , Indiana, Boston , New York, Cleveland, Orlando, Brooklyn, Boston, York, New Jersey, Minnesota

☆ Steve: The aurora-like light show you can help research
▼ + stars: | 2023-11-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

The purple-pink streak of light indicative of Steve is shown in this image captured by Canadian photographer Neil Zeller. “It can eventually migrate south … toward the equator side of aurora and form a Steve,” Lach said. A Steve will always appear alongside an aurora, Lach and Zeller said, but not all auroras include a Steve. The Steve phenomenon is most likely to be captured around the equinoxes in the spring and fall, according to Zeller and Lach. The photos contributed by members of the public constantly help scientists improve their understanding of these light shows, she said.

Persons: CNN —, It’s, Steve, Elizabeth MacDonald, MacDonald, “, ” MacDonald, Neil Zeller, ” Zeller, … we’d, I’d, Dr, Eric Donovan, Zeller, Donovan, Chris Ratzlaff, ” Ratzlaff, Steve —, —, Donna Lach, Lach, ” Lach, Steve Earth, “ It’s, Steve I’ve, ” Organizations: CNN, Northern Hemisphere, NASA’s Goddard Space Flight, Kilkenny, Facebook, NASA, University of Calgary, DreamWorks, SAR, “ Locations: United Kingdom, Calgary , Alberta, Alberta, Canadian, Canada’s Manitoba, Manitoba, Kp0, Wyoming, Utah, Turkey, Greece, Slovakia, China, Canada

☆ Barclays eyes up to 900 job cuts in Britain - union
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Barclays Bank logo is seen in this illustration taken March 12, 2023. A Unite spokesperson said that Barclays (BARC.L) staff were informed of the potential cuts at 1300 GMT. A Barclays spokesperson declined to comment on the number of job cuts, but referred to the bank's announcement alongside its third quarter results last month that it would look to reduce costs. "We are taking a number of actions to simplify and reshape the business, improve service, and deliver higher returns. Venkatakrishnan is racing to boost Barclays' returns ahead of an investor update in February, when he will unveil more details of the cost-cutting plan and how the bank plans to grow income.

Persons: Dado Ruvic, Iain Withers, Lawrence White, Sinead Cruise, Kirsten Donovan Organizations: Barclays Bank, REUTERS, Barclays, Group, Reuters, C.S, Thomson

☆ Global regulators to assess if more crypto safeguards needed
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The vulnerabilities are similar to those found in traditional finance, including leverage, liquidity mismatches, technology and operational vulnerabilities, the FSB said in a report. Evidence suggests that the threat to wider financial stability and the economy is limited at present, it added. The FSB and IOSCO, a global body of securities watchdogs, have already published this year high level recommendations for supervising crypto activities. Regulators, however, should assess whether these measures adequately stop risks from crypto being amplified across the financial system, the report said.

Persons: Dado Ruvic, FTX, Huw Jones, Kirsten Donovan Organizations: REUTERS, FSB, Thomson

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - OPEC+ talks on 2024 oil policy are difficult, making a rollover of the previous agreement a possibility rather than deeper production cuts, four OPEC+ sources said on Tuesday. Two of the sources said an additional cut - a step that sources have said would be looked at - was not being actively discussed. OPEC+ sources said this was because of a disagreement over output levels for African producers, though sources have since said the group has moved closer to a compromise on this point. OPEC's previous meeting in June had already extended output cuts into 2024.

Persons: Leonhard Foeger, Brent, Maha El Dahan, Ahmad Ghaddar, Olesya, Alex Lawler, Kirsten Donovan, Susan Fenton, David Goodman Organizations: Organization, REUTERS, of, Petroleum, Reuters, OPEC, Thomson Locations: OPEC's, Vienna, Austria, OPEC, Russia, Saudi Arabia, Saudi

The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. It is also in advanced negotiations with Kretinsky's EP Equity Investment (EPEI) vehicle to "modify and simplify" some terms of its proposed 2 billion euro ($2.11 billion) sale of Tech Foundations, the group said. AlphaValue analyst Helene Coumes attributed the drop to "the endless uncertainty on the deal on Tech Foundations, the financing issues and how the change of some terms of the agreement will be favorable for the minority shareholders". The Tech Foundations deal would also see Kretinsky take a 7.5% stake in the group's cybersecurity unit Eviden, which is what would be left of Atos. Reporting by Diana Mandiá; Editing by Kirsten Donovan, Robert Birsel and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Stephane Mahe, Daniel Kretinsky, Helene Coumes, Atos, Diana Mandiá, Kirsten Donovan, Robert Birsel, Jan Harvey Organizations: REUTERS, Tech Foundations, Kretinsky's, Equity Investment, Tech, Thomson Locations: Nantes, France, Czech, Atos

☆ Lancia to reveal new Ypsilon small car in February in European comeback plan
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

An employee dusts of a Lancia Ypsilon 30th anniversary edition during the first press day ahead of the 85th International Motor Show in Geneva March 3, 2015. The new Ypsilon will initially be presented as a fully-electric, limited edition version of 1,906 units, Lancia said in a newsletter. The car will go on sale in Italy before summer next year and will also be available in a mild-hybrid version. The new Ypsilon will be built in Zaragoza, Spain, on the same platform as several other Stellantis models, including the Jeep Avenger, Fiat 600, Peugeot's 208 and 2008 and Opel's Mokka and Corsa. Reporting by Giulio Piovaccari; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Lancia, Opel's, Giulio Piovaccari, Kirsten Donovan Organizations: Lancia, REUTERS, Jeep, Fiat, Thomson Locations: Geneva, Italy, Stellantis, Zaragoza, Spain

☆ New ECB rating agency Scope puts greater weight on euro zone protection mechanisms
▼ + stars: | 2023-11-27 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

While the euro zone has pledged to do "whatever it takes" and jointly issued debt for the first time during the pandemic, its debt load remains eye-watering. Scope assigns Italy a "stable" outlook, but "risks remain", Shen said, "given the weak growth and fiscal outlook". Reuters GraphicsNEXT CRISISThe ECB uses the best rating available from its approved agencies to determine a bond's collateral value when commercial banks borrow from it. Last week's Dutch election win by the far-right Geert Wilders could also have rating implications, Shen said. "Governance risks are a challenge in the longer run for one of the world’s remaining AAA-rated sovereigns...But the rating is not imminently at risk."

Persons: Yorgos, Moody's, Dennis Shen, Fitch, DBRS Morningstar, Shen, DBRS, bode, Geert Wilders, Marc Jones, Kirsten Donovan Organizations: REUTERS, Companies, AAA, European Central Bank, Reuters, Reuters Graphics NEXT, ECB, Thomson Locations: Athens, Italy, France, Berlin, U.S, Greece, Spain, Portugal, Cyprus, Rome, Canada, Dutch

☆ Formerly Philip Morris-backed foundation severs ties with nicotine industry
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 27 (Reuters) - A research foundation originally set up by Philip Morris International (PMI) (PM.N) will no longer accept any funding from the nicotine industry as it seeks to win credibility with tobacco control advocates, its CEO said. The foundation will now rebrand and find new funders from outside of the industry, Cliff Douglas said in an interview. Douglas, a long-time tobacco control advocate who joined the foundation in October, said he wants to see it re-established as a credible actor in ending smoking. Douglas pointed to a number of tobacco control advocates who have sounded positive about the foundation's new direction. The World Health Organisation says vapes, for example, are harmful to health.

Persons: Philip Morris, Cliff Douglas, Douglas, Deborah Arnott, Yolonda Richardson, Emma Rumney, Kirsten Donovan Organizations: Philip Morris International, PMI, Campaign, Tobacco, World Health, Thomson

☆ NBA roundup: Ex-Blazer Damian Lillard seals Bucks win
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +7 min

The Nets gave up the game's first 13 points and trailed 30-9 with 4:37 left in the first quarter. Terry Rozier collected 22 points and nine assists, Brandon Miller had 20 points, P.J. Hornets point guard LaMelo Ball had seven points before exiting midway through the second quarter with a right ankle strain. Reggie Jackson had 20 points, Kentavious Caldwell-Pope contributed 16 points and Julian Strawther added 10 points for Denver. Poeltl added 13 rebounds.

Persons: Giannis Antetokounmpo, Jeff Hanisch, Bobby Portis, Damian Lillard's, Lillard, Jrue, Deandre, Toumani Camara, Spencer Dinwiddie, Royce O'Neale, Lonnie Walker IV, DeMar DeRozan, Coby White, Patrick Williams, Zach LaVine, Jayson Tatum, Tatum didn't, Al Horford, Derrick White, Jaylen Brown, Neemias Queta, Trae Young, Atlanta's De'Andre Hunter, Bogdan Bogdanovic, Bogdanovic, Devin Booker, Booker, Kevin Durant, Eric Gordon, Jordan Goodwin, Jalen Brunson, Julius Randle, Immanuel Quickley, Franz Wagner, Cole Anthony, Paolo Banchero, Jalen Suggs, Goga Bitadze, Moritz Wagner, Anthony, Miles Bridges, Terry Rozier, Brandon Miller, Mark Williams, LaMelo Ball, Ball, Anthony Edwards, Mike Conley, Conley, Jaren Jackson Jr, Desmond Bane, Santi Aldama, Nikola Jokic, Michael Porter Jr, San Antonio, Reggie Jackson, Kentavious Caldwell, Pope, Julian Strawther, Aaron Gordon, Jamal Murray, Victor Wembanyama, Devin Vassell, Malaki Branham, Julian Champagnie, Keldon Johnson, Tre Jones, Darius Garland, Max Strus, Donovan Mitchell, Evan Mobley, Jarrett Allen, Pascal Siakam, Jakob Poeltl, Poeltl, Scottie Barnes, Dennis Schroder, Gary Trent Jr Organizations: Milwaukee Bucks, Portland Trail Blazers, Fiserv Forum, Bucks, Trail Blazers, Portland, Nets, Bulls, Brooklyn, NBA, skidding Chicago, The Nets, Milwaukee, Celtics, Hawks, Boston, Atlanta, Suns, Knicks, Phoenix, New York, Hornets, Orlando, Charlotte, Banchero, Timberwolves, Grizzlies, Wolves, Nuggets, Spurs, Denver, San, The Nuggets, Cavaliers, Raptors, Cleveland, Toronto, Clevland, Thomson Locations: Milwaukee , Wisconsin, USA, Portland, Deandre Ayton, Sacramento, New, P.J, Washington, Minnesota, Memphis, Denver

But on Monday, Mr. Banks said there had been “many rumors and misinformation” about what happened. “Violence, hate and disorder have no place in our schools,” Mr. Banks, who himself attended Hillcrest in the 1970s, said at a news conference. “They feel a kindred spirit with the folks of the Palestinian community,” Mr. Banks said, adding that the “notion that these kids are radicalized” was irresponsible. On Monday, Mr. Banks and other city leaders attempted to quell the mounting online backlash against students at the school. Some Hillcrest students had openly discussed their plans in the lead-up to Nov. 20, the two teachers said.

Persons: David C, Banks, “, ”, Eric Adams, ” Melinda Katz, councilwoman, Queens —, “ What’s, Eric Dinowitz, Mr, Adams, Donovan Richards, Muhammad Ghazali Organizations: Queens, Hillcrest High, Israel, New York Post, Hillcrest, Twitter, City, Jewish, of Education, ”, Department of Education Locations: York City, Israel, Queens, Hillcrest, borough’s, “, San Francisco, “ Palestine, New York City, Jamaica, ”

They broke a record held by North Carolina, which had 23 consecutive double-digit wins over nonconference opponents in 2008 and 2009. UConn: The Huskies' nonconference schedule gets much tougher in the coming weeks with games against No. UConn shot 45.7% from the floor, but was just 4 of 28 from 3-point range (14.3%). UP NEXTNew Hampshire: The Wildcats continue a three-game swing through Connecticut with a game at Sacred Heart on Thursday. UConn: The Huskies travel to Lawrence, Kansas to take on the Jayhawks on Friday.

Persons: STORRS, —, “, ”, Dan Hurley, Donovan Clingan, Cam Spencer, Tristen Newton, Samson Johnson, Jaxson Baker, Ahmad Robinson, Clarence Daniels, Spencer, Baker, Clingan, Nathan Davis, Gonzaga, ” Clingan, ___ Organizations: New Hampshire, Huskies haven't, Big, New, New Mexico State, Huskies, Newtown, Connecticut, Rutgers, UConn, Wildcats, UConn outrebounded New, NEXT, Jayhawks, AP Locations: Conn, New, New Mexico, North Carolina, Lawrence , Kansas, New Hampshire, Connecticut, Hampshire, Kansas, Carolina, UConn outrebounded New Hampshire

☆ NBA roundup: 76ers end Thunder's 6-game win streak
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +4 min

Embiid returned after missing Wednesday's loss to Minnesota with hip soreness, helping the 76ers snap a two-game losing streak and end the Thunder's six-game winning streak. Kyle Kuzma finished with 12 points and added team-highs of eight assists and seven rebounds. Lakers 121, Cavaliers 115Anthony Davis had 32 points and 13 rebounds to help visiting Los Angeles to a win against Cleveland. Los Angeles also received solid bench contributions, as Austin Reaves had 15 points and 10 assists, Christian Wood scored 13 points and Jaxson Hayes added 10 points. Zion Williamson, who led the Pelicans to a road win over the Los Angeles Clippers late Friday night, continued his pattern of sitting out the second night of back-to-back sets.

Persons: Joel Embiid, Cason Wallace, Alonzo Adams, Tyrese Maxey, Embiid, Chet Holmgren, Shai Gilgeous, Alexander, Holmgren, Trae Young, De'Andre Hunter, Young, Jared Butler's, Kyle Kuzma, Bridges, Cameron Johnson, Bam Adebayo, Jimmy Butler, Haywood Highsmith, Jamal Cain, Caleb Martin, Jaime Jaquez Jr, Anthony Davis, LeBron James, Max Christie, D'Angelo Russell, Angeles, Austin Reaves, Christian Wood, Jaxson Hayes, Donovan Mitchell, Jarrett Allen, Evan Mobley, Cleveland, Georges Niang, Craig Porter, Collin Sexton, Keyonte George, Kelly Olynyk, Zion Williamson, Paul George, Terance Mann, Norman Powell, Russell Westbrook, Ivica Zubac, Luka Doncic, Kyrie Irving, Tim Hardaway Jr Organizations: Philadelphia 76ers, Oklahoma City Thunder, Paycom Center, USA, 76ers, Thunder, Atlanta, Washington, Hawks, Seven Washington, Nets, Brooklyn, Miami, The Nets, Lakers, Cavaliers, Cleveland, Jazz, Pelicans, New Orleans, Utah, Los Angeles Clippers, Clippers, Mavericks, Dallas, Los, Thomson Locations: Oklahoma City , Oklahoma, USA, Minnesota, New York, Los Angeles, Utah, Salt Lake City

☆ 5 tips to improve overall fitness, according to celebrity trainers
▼ + stars: | 2023-11-24 | by ( Dana Santas | ) edition.cnn.com time to read: +8 min

To dispel the myths and provide practical advice anyone can use, I tapped five of my celebrity trainer friends to help share tips we wish everyone knew to improve their overall fitness. That means less consistent schedules with more vacations, parties and dinners out — more of everything that can sabotage fitness without daily discipline. Courtesy Dana SantasAn easy way to add nonnegotiable daily wellness habits consistently to your lifestyle is by stacking fitness habits with other essential daily chores or hygiene. Recovery is just as important as trainingToo many exercise devotees experience overtraining syndrome, wondering why they aren’t improving their fitness. Using these tips, everyone can approach fitness like a celebrity, which is to say — like a human being navigating the demands of a full life.

Persons: Dana Santas, that’s, it’s, Don Saladino, Ryan Reynolds, Anne Hathaway, Liev Schreiber, Ray Donovan, ”, Jen Widerstrom, Scott Hubbard, Widerstrom, Brian Nguyen, Mark Wahlberg, Kate Hudson, “, Nguyen, Ashley Borden, Khloe Kardashian, ” Borden, Rudy Reyes, Reyes Organizations: Pain, CNN, physiques, Hollywood, ”, Arena Football, Los Angeles, Forces, US Marine Corps, CNN’s Locations: Los Angeles

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 21, 2023. The pan-European STOXX 600 (.STOXX) rose 0.4% to close out the week with a 0.9% gain as investors focused on corporate earnings and the prospect of rate cuts. Euro zone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024. For the week, real estate (.SX86P) shares lagged while media (.SXMP) and retail stocks (.SXRP) were the top performers. Reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Sonia Cheema, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Wintershall, they're, Giles Coghlan, Coghlan, Christian Lindner, Germany's DAX, Ankika Biswas, Bansari, Sonia Cheema, Kirsten Donovan Organizations: REUTERS, Staff, BASF, U.S, European Central Bank, Shoppers, Bloomberg News, Abu, Abu Dhabi National Oil Co, Barclays, German, Thomson Locations: Frankfurt, Germany, Europe, Abu Dhabi, Israel, Bengaluru

☆ Russia's sanctioned Sovcombank requests US licence to make UN climate payments
▼ + stars: | 2023-11-23 | by ( Elena Fabrichnaya | ) www.reuters.com time to read: +2 min

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. "We have funds in foreign currency for these payments, but we have not received any response from them yet, unfortunately." Avtukhov said Sovcombank was in dialogue with the UN on the matter. "We have not suspended our membership in international organisations," Avtukhov, who also sits on Sovcombank's board, said. There are certain difficulties with making payments in general for Russian participants of this programme," Avtukhov said.

Persons: Maxim, Sovcombank, Mikhail Avtukhov, Avtukhov, Elena Fabrichnaya, Alexander Marrow, Kirsten Donovan Organizations: St ., Economic, REUTERS, U.S . Treasury, United, Reuters, European Union, Foreign Assets, United Nations Environment, Finance Initiative, U.S, Treasury, UN, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Ukraine MOSCOW, Russian, United Nations, Sovcombank, Ukraine, Washington, Moscow

☆ Kenya to sell 35 state companies as Africa seeks to jumpstart IPOs
▼ + stars: | 2023-11-23 | by ( Duncan Miriri | ) www.reuters.com time to read: +2 min

NAIROBI, Nov 23 (Reuters) - Kenya's President William Ruto said on Thursday the government was poised to privatise 35 state companies after enacting a law last month to guide the process. Kenya last privatised a state-owned company in 2008 with an initial public offering (IPO) for 25% of the shares in telecommunications firm Safaricom (SCOM.NR). "We have identified the first 35 companies that we are going to offer to the private sector. Kenya's President William Ruto speaks during the Sustainable Development Goals (SDG) Summit at United Nations headquarters in New York City, New York, U.S., September 18, 2023. "If well harnessed, stock exchanges can be the engine that transforms Africa into a global economic powerhouse and financial centre of the world," the president said.

Persons: William Ruto, Ruto, Njuguna Ndung'u, Ndung'u, Caitlin Ochs, Bourses, Thapelo, Ducan Miriri, Marc Jones, Aaron Ross, Kirsten Donovan Organizations: African, Nairobi . Finance, Reuters, Sustainable, United Nations, REUTERS, Botswana Stock Exchange, Bharti Airtel, Thomson Locations: NAIROBI, Kenya, Nairobi, New York City , New York, U.S, Africa, Uganda, London

A five-year-old girl was receiving emergency treatment after sustaining serious injuries in the stabbing. A man in his late 40s, also being treated for serious injuries, was arrested by police who said they are not looking for any other suspect. [1/9]A police vehicle burns during a demonstration following a suspected stabbing that left few children injured in Dublin, Ireland, November 23, 2023. A woman in her 30s was also being treated for serious injuries while the two other children, a five-year-old boy and six-year-old girl, suffered less serious injuries. SOW DIVISIONThe scene was still sealed off shortly before 1800 GMT when a group of around 50 anti-immigrant protesters briefly broke through a police barrier.

Persons: Daniel O'Connell, Drew Harris, Harris, I'm, Clodagh, Anthony Boyle, Helen McEntee, Conor Humphries, Padraic Halpin, William James, Alexandra Hudson, Kirsten Donovan, David Evans, Daniel Wallis Organizations: Riot, Police, REUTERS, Rights Police, Reuters, Gardai, Thomson Locations: DUBLIN, Dublin, O'Connell, Holiday, Ireland

A number of companies have recently demanded that antitrust enforcers pay default interest on fines in annulled antitrust cases. Deutsche Telekom challenged the fine at the Luxembourg-based General Court, Europe's second highest, which cut it to 19 million euros in 2018, forcing the EU competition enforcer to repay the difference. Deutsche Telekom returned to the court after the EU competition enforcer refused to pay interest for the period between the payment and the reimbursement and got judges to back its fight. The Commission then appealed to the Luxembourg-based EU Court of Justice (CJEU). The case is C‑221/22 P European Commission v Deutsche Telekom AG.

Persons: Fabian Bimmer, Deutsche, Anthony Michael Collins, refunding, Foo Yun Chee, Kirsten Donovan Organizations: Deutsche Telekom, ITS, REUTERS, Companies Deutsche Telekom AG, Intel, Deutsche, European Commission, EU, Court of Justice, Deutsche Telekom AG, Thomson Locations: Hamburg, Germany, Slovakia, Luxembourg

OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts. "The postponement of the meeting also shows there are some different views among the group participants." A view of logo of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, June 2, 2023. Saudi Arabia, Russia and other OPEC+ members have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022. This figure includes a 1 million bpd voluntary reduction by Saudi Arabia and a 300,000 bpd cut in Russian oil exports, both of which last until the end of 2023.

Persons: Giovanni Staunovo, Brent, Leonhard Foeger, Alexander Novak, Prince Abdulaziz bin Salman, Helima Croft, Croft, Nadine Awadalla, Nayera Abdalla, Ahmad Ghaddar, Vladimir Soldatkin, El, Alex Lawler, Jason Neely, Mark Potter, Kirsten Donovan, Deepa Babington Organizations: Oil, DUBAI, Organization of, Petroleum, REUTERS, Russian, Saudi Energy, OPEC, RBC Capital, Bloomberg News, Thomson Locations: LONDON, OPEC, Angola, Nigeria, Congo, Russia, Vienna, Austria, OPEC's Vienna, Saudi Arabia

☆ UK payments report calls for alternatives to Mastercard and Visa
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 22 (Reuters) - Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday. The conclusions of the Future of Payments Review echo longstanding complaints across Europe about heavy reliance on the American duo for card payments, though calls and attempts to create a 'home grown' alternative have made little progress. Britain's Payment Systems Regulator (PSR) is reviewing the fees card schemes charge, a longstanding battle ground pitching Visa and Mastercard against 'merchants' charged for accepting their cards from customers making payments. Visa welcomed the review's conclusion saying that the UK payments landscape was in a good position. "We are keen to work with Government to ensure the UK continues to be at the forefront of payments innovation", it said.

Persons: Thomas White, Huw Jones, Jose Joseph, Kirsten Donovan, Alexandra Hudson Organizations: REUTERS, Visa, Mastercard, Systems, Government, Alexandra Hudson Our, Thomson Locations: Britain, Europe

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