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CNN —A German museum employee swapped out a painting with a fake and then sold the original to buy luxury goods, including a Rolls Royce and expensive wristwatches, according to a Munich court. During that time, he stole “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck, replaced it with a fake and put the original up for auction. He lied to a Munich auction house, saying the painting had once belonged to his grandparents or great-grandparents. “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck. One of the works was sold via auction and the other was purchased directly by the auction house, netting him another 11,490 euros ($12,184).
Persons: ” “, , “ Das, Franz von Stuck, Eduard von Grützner, Franz von Defregger, Organizations: CNN, Royce, Deutsches Museum, Ketterer, Locations: Munich, Swiss
Michael Baum's cybersecurity software company, Splunk, just sold to Cisco for $28 billion. As soon as I saw MacPaint and MacDraw, I knew I had to figure out how this worked," Baum told U.K.-based The Gentleman Magazine in 2022. Baum went on to establish himself as a serial entrepreneur, building and selling multiple software businesses before 2000. When Splunk went public in 2012, it was valued at roughly $1.6 billion. The "inquisitive nature" that drove him to learn more about Jobs' Macintosh computers "continues to drive me today," Baum told The Gentleman Magazine.
Persons: Michael Baum's, Steve Jobs, Baum, Jobs, Drexel, — Rob Das, Erik Swan —, Splunk, refashioned, he's Organizations: Cisco, Drexel University, Gentleman Magazine, BBC, Reuters, Wharton School, University of Pennsylvania, Walt Disney, Yahoo, Jobs, CNBC Locations: Philadelphia, San Francisco, France's Burgundy
BENGALURU, Sept 15 (Reuters) - India's largest winemaker, Sula Vineyards (SULA.NS), is expanding its production capacity and counting on a pricing sweet spot to fend off foreign rivals in its home turf. Last year, the Indian government slashed import duties for some Australian winemakers as part of a foreign trade agreement (FTA) between the two nations. But among all the Indian wine companies, Sula has the least to fear," Chief Executive Officer Rajeev Samant told Reuters. He is counting on Sula's pricing strategy to thwart rivals. Wine consumers are getting "turned on" by the 800 rupee-plus category, he said, adding that the rise in demand for premium wines was largely limited to India's big cities.
Persons: Rajeev Samant, Samant, Grover Zampa, Biplob Kumar Das, Dhanya Skariachan, Gerry Doyle Organizations: Reuters, Grover, Diageo, Spirits, Heineken, United Breweries, Thomson Locations: BENGALURU, Sula, India, Mumbai, Bengaluru
India's August wholesale price index falls 0.52% y/y
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +1 min
A worker carries a sack of potatoes at a wholesale market in Mumbai, India July 14, 2017. REUTERS/Shailesh Andrade/File Photo Acquire Licensing RightsNEW DELHI, Sept 14 (Reuters) - India's wholesale price index (INWPI=ECI) fell 0.52% in August from a year earlier, according to government data released on Thursday. Economists polled by Reuters had estimated the wholesale price index for August would fall 0.6%. Food prices rose 5.62% year-on-year, compared with a sharp rise of 7.75% in July, and manufactured product prices fell 2.37% in August, against a 2.51% fall the previous month. Reporting by Nikunj Ohri; Writing by Shivangi Acharya; Editing by Jacqueline Wong and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Shailesh Andrade, Shaktikanta Das, Nikunj Ohri, Shivangi Acharya, Jacqueline Wong, Sharon Singleton Organizations: REUTERS, Reuters, Reserve Bank of India, Thomson Locations: Mumbai, India, DELHI
Two years ago, the Metropolitan Opera went shopping for a new “Ring” in London and came home empty-handed. English National Opera’s first installment of Wagner’s four-part epic of gods and humans, lust and power, was judged a bit too scrappy and bare to transfer to the grand Met. And anyway, the English company was soon reeling from cuts to its government funding, putting the completion of the cycle in jeopardy. The Met would like to bring a “Ring” to New York in four seasons — a blink of an eye given opera’s glacial planning cycles and Wagner’s technical and casting complexities. The story is crystal clear, and its emotional and political stakes are taken seriously, without oversimplification or overstatement.
Persons: Barrie Kosky, “ Das Rheingold, , Wagner Organizations: Metropolitan Opera, Royal Opera Locations: London, New York
A SpiceJet passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India, May 29, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsNEW DELHI, Sept 11 (Reuters) - India's SpiceJet said on Monday it would pay $1.5 million to Credit Suisse as demanded by the country's top court. If SpiceJet fails to pay, the Supreme Court will take "drastic action" at the next hearing on Sept. 22, it said. The airline had previously said the Credit Suisse debt was an old one that predated the tenure of its current management. In that case, also heard on Monday at a Delhi High Court, SpiceJet said it had deposited 625 million rupees of that amount.
Persons: Francis Mascarenhas, India's SpiceJet, SpiceJet, dally, Ajay Singh, Singh, Kalanithi Maran, Maran, Arpan Chaturvedi, Aditi Shah, Yagnoseni Das, Aditya Kalra, Himani Sarkar, Miral Fahmy, Mark Potter Organizations: REUTERS, Credit Suisse, India's, Madras, Court, Thomson Locations: Chhatrapati Shivaji, Mumbai, India, DELHI, SpiceJet
Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference after a G20 Finance Ministers' and Central Bank governors' meeting at Gandhinagar, India, July 18, 2023. "I would like to use this opportunity to urge and encourage the fintechs to establish a self-regulatory organisation or SRO themselves. From the Reserve Bank, we are willing to engage with you," Das said while delivering the keynote address at the Global FinTech Fest 2023 (GFF). The other advantage is that all the aspects of regulation will not be burdened on the Reserve Bank." Reporting by Siddhi Nayak and Swati Bhat; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Persons: Shaktikanta Das, Amit Dave, Das, T, Rabi Sankar, Siddhi Nayak, Swati Bhat, Dhanya Ann Thoppil Organizations: Bank of India, Ministers, Central Bank governors, REUTERS, Rights, Financial, Reserve Bank of India, Reserve Bank, Global, Siddhi, Thomson Locations: Gandhinagar, India, Rights MUMBAI
The company already owns digital streaming rights to the popular Indian Premier League Twenty-20 (IPL T20) tournament. Ambani snatched away the rights from the Disney Plus Hotstar streaming service in a $2.9 billion bid last year, and then streamed games for free. This prompted Disney subscribers to flee - out of 61 million users in October 2022, about 21 million had left by July this year. Last year, Disney renewed its media rights to show International Cricket Council's tournaments in India from 2024 to 2027 after winning a bid for $3 billion. It later licensed the TV broadcast rights to India's Zee Entertainment (ZEE.NS) and only regained the digital streaming rights, a source told Reuters.
Persons: Mukesh Ambani, Francis Mascarenhas, Mukesh Ambani's, Walt Disney, Viacom18, Ambani, Karan Taurani, Aditya Kalra, Nandan Mandayam, Biplob Kumar Das, Sonia Cheema Organizations: Reliance Industries, REUTERS, Walt, Control, Cricket, BCCI, Indian Premier League, Disney, Elara, Reuters, Asia Cup, ICC Cricket, India's Zee Entertainment, Thomson Locations: Mumbai, India, India's
According to the median forecast (INGDPQ=ECI) in a Reuters poll of economists, India's gross domestic product (GDP) grew 7.7% in the past quarter, up from 6.1% growth in the previous quarter and its fastest expansion since April-June 2022. Reuters GraphicsStrong growth in India's services sector, which makes up more than half of its economic output, has helped Asia's third-largest economy buck the global slowdown that has left many major economies, including China, stuttering. S&P Global India services Purchasing Managers' Index (INPMIS=ECI) has remained firmly above the 50-mark separating growth from contraction for nearly two years, the longest stretch since August 2011. To support growth, Indian government has been front-loading its annual spending on infrastructure. Additionally, slowing global growth and exports and a comparison with higher growth rates a year ago will also weigh on growth in quarters ahead.
Persons: Manoj Kumar, Suvodeep Rakshit, Kaushik Das, Rahul Bajoria, Aftab Ahmed, Tomasz Janowski Organizations: REUTERS, DELHI, P Global, Deutsche Bank's, Barclays, Thomson Locations: Faridabad, New Delhi, India, China, P Global India
Sky-high food inflation after erratic monsoon rains damaged crops and disrupted supply chains. Food inflation for July hit a staggering 11.5%, far more than 4.6% in June and marking a three-year high. Even when customers do purchase fashion items, they buy far fewer than they once would have, some of the managers also said. The downturn in fashion spending has also been accompanied by a slide in spending at restaurant chains like Domino's. In some encouraging signs, tomato prices have eased off peaks and India's central bank chief last week said vegetable prices, which have begun to soften, will decline from September.
Persons: Zink London, Skechers, Kaushik Das, Madan Sabnavis, Anjali Mohanty, Tanvi Mehta, Riddhima, Dhwani Pandya, Jatindra, Saurabh Sharma, Aditya Kalra, Edwina Gibbs Organizations: NEW, Euromonitor, Reuters, Skechers USA, Deutsche Bank, Retail, Bank of Baroda, Dhwani, Thomson Locations: NEW DELHI, MUMBAI, New Delhi, Zink London, Mumbai, Bhubaneswar, Chennai, Lucknow
In fact, the total amount of U.S. agricultural land owned by Chinese interests is less than three-hundredths of 1%. NBC News was able to review filings on foreign purchases and leases of agricultural land, meaning both farm and forestry land, from 35 states since Jan. 1, 2022. The vast majority of the transactions were European wind power companies leasing land from U.S. farmers to build wind turbines. One Italian wind company disclosed 40 new leases of farmland in just one rural Illinois county. "Ownership of U.S. agricultural land is not one of them."
Persons: Jim Monroe, Syngenta, Saswato Das Organizations: NBC, U.S . Department of Agriculture, NBC News, Smithfield Foods, U.S, Syngenta Locations: U.S, Italian, Illinois, Missouri, North Carolina, China, Iowa, Florida, California, Swiss
Nobody was surprised that Megan Rapinoe took the Golden Ball, for the tournament’s best player, in 2019, or that Lionel Messi did the same in 2022. Some World Cups are, after all, very obviously dominated by one central character. This has not been one of those World Cups, though. Several Spain players might be contenders: Aitana Bonmati, Mariona Caldentey, Teresa Abelleira. Japan’s Hinata Miyazawa will likely win the tournament’s Golden Ball, the award handed out to the most prolific goal-scorer.
Persons: volubly, Nobody, Megan Rapinoe, Lionel Messi, Aitana, Mariona Caldentey, Teresa Abelleira, Millie Bright, Kosovare Asllani, Sam Kerr, Mary Fowler, Australia’s, Hinata, Lauren, Alessia Russo, Lauren James, Alba Redondo, Jenni Hermoso, Bonmatí, Mary Earps, Zecira, Salma Paralluelo, James, Fowler Organizations: FIFA, Spain —, Spain, Nigeria Locations: Sydney, Spain, Georgia, Sweden, England
There are plenty of great options for a free Women's World Cup Final live stream on Sunday. That's right; we can help you watch England vs. Spain online for free and in various languages too. In the US, you'll find the game on Fox, but you could use one of these free live streams instead. If you're opting for one of the free Women's World Cup Final live streams on the list below from the UK or Australia, you must sign in to watch England vs. Spain online for free. AESTWomen's World Cup FinalSunday, August 20England vs. Spain - 6 a.m.
Persons: you'll, ExpressVPN, we've, AEST Organizations: Fox, England, BBC, USA Fox, Fox Sports, Australia, Das Erste Locations: Spain, Australia, Italy, Austria, Germany, Austrian, Sweden, Spanish, Central, South America, England
Vlatko Andonovski, the head coach of the United States women’s national soccer team, has resigned, three people with direct knowledge of the situation said Wednesday, ending a relatively tumultuous tenure managing what was once the world’s pre-eminent team. The U.S. Soccer Federation plans to announce Andonovski’s departure as coach on Thursday, the people said, speaking on condition of anonymity because they were not authorized to discuss the move publicly. The United States greatly underperformed at this year’s Women’s World Cup after winning the previous two tournaments. The team had its earliest elimination in tournament history after losing a penalty shootout to rival Sweden in the round of 16. The United States scored only four goals in a World Cup it entered as one of the favorites, beating only one of its four opponents, Vietnam, and drawing with the Netherlands and Portugal during the group stage.
Persons: Vlatko Andonovski, Andonovski’s Organizations: United, national soccer team, U.S . Soccer Federation, Soccer, United States Locations: United States, Sweden, Vietnam, Netherlands, Portugal
A man checks his mobile phone as he waits while recharging his Ola electric scooter at an electric vehicle charging station in New Delhi, India, February 12, 2022. REUTERS/Aditi Shah/File PhotoPOCHAMPALLI, TAMIL NADU, Aug 15 (Reuters) - Ola Electric, India's largest maker of electric scooters, launched its most affordable rides on Tuesday, in an effort to woo more buyers as the price of e-scooters moves closer to gasoline models. The cheapest gasoline scooter in India costs about 64,000 rupees. The Softbank Group-backed (9984.T) company on Tuesday said it has opened 100 more service centres across the country, taking their total tally to 500. ($1 = 83.3916 Indian rupees)Reporting by Varun Vyas in Pochampalli, Riddhima Talwani in New Delhi and Biplob Kumar Das in Bengaluru, editing by Aditi Shah and Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
Persons: Aditi Shah, Ola, Varun Vyas, Riddhima, Biplob Kumar Das, Sonia Cheema Organizations: REUTERS, Softbank, Thomson Locations: New Delhi, India, Pochampalli, Bengaluru
CNN —FBI special agents shot and killed a Utah man Wednesday while attempting to arrest him for allegedly making threats against President Joe Biden ahead of the president’s trip to the state. The case comes amid heightened vitriol aimed at national and local leaders in the lead-up to the 2024 election and what FBI Director Christopher Wray has called an “unprecedented” level of threats against FBI agents. “The Secret Service is aware of the FBI investigation involving an individual in Utah who has exhibited threats to a Secret Service protectee,” a Secret Service spokesperson said. !”FBI agents approached Robertson at his house in March about a social media post, investigators wrote in an affidavit. Don’t return without a warrant.”After the interaction, Robertson allegedly repeatedly threatened FBI agents online.
Persons: Joe Biden, Craig Robertson, Robertson, Biden’s, , BIDEN, ” Robertson, Donald Trump, Christopher Wray, Monday Robertson, ” Biden, , Biden, General Merrick Garland –, Merrick Garland, Kamala Harris, Letitia James, Gavin Newsom, Alvin Bragg, Trump, DAs, Bragg Organizations: CNN, FBI, Investigators, Democratic, “ Hey FBI, FBI’s, Service, Secret, Kamala Harris , New York, California Gov, New York Locations: Utah, UTAH, BUFFOON, New Mexico, Salt Lake City, Provo , Utah, Kamala Harris , New, California, New York
NEW DELHI/BENGALURU, Aug 8 (Reuters) - Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed by the Indian government on online gaming companies, according to an internal memo seen by Reuters on Tuesday. The move comes on the back of the government's decision last month to impose a 28% tax on funds that online gaming companies collect from customers. The new rule will increase the company's tax burden by 350%-400%, MPL CEO Sai Srinivas said in the memo, adding that the company is revisiting expenses related to their server and office infrastructure. The source could not be named as they are not authorised to speak to the media. Reporting by Aditya Kalra; Additional reporting by Biplob Kumar Das and Ashish Chandra; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
Persons: Sai Srinivas, Srinivas, MPL, Aditya Kalra, Biplob Kumar Das, Ashish Chandra, Sonia Cheema Organizations: NEW, Mobile Premier League, Reuters, Thomson Locations: NEW DELHI, BENGALURU
CNN —Nearly half a billion children in South Asia are exposed to extreme high temperatures as life-threatening heat waves caused by the climate crisis become stronger and more frequent, according to the United Nations’ children’s agency. The analysis showed 76% of children in South Asia were exposed to extreme high temperature compared to 32% globally, UNICEF said. Not only is there high potential for record extreme heat, the impacts are compounded by dire social and economic problems. At the same time, extreme weather has had a deadly impact in other parts of the region. In its report, UNICEF warned that ultimately children, adolescents and women are among those who pay the highest price for extreme weather events.
Persons: , Sanjay Wijesekera, Sudipta Das, Shahid Saeed Mirza, “ Young, ” Wijesekera Organizations: CNN, United Nations ’, UNICEF, South, Mashal, Getty, stillbirths Locations: South Asia, Afghanistan, India, Pakistan, Sindh, Farah Province, Xinhua, New Delhi, Kolkata, Multan, AFP
She had been running, by that stage, for roughly 100 minutes, mounting what appeared at times to be a fearsome, one-woman campaign to keep South Africa in the Women’s World Cup for as long as possible. But Kgatlana, as she had already amply proved in this tournament, does not believe in stopping. First, she spun and writhed and twisted away from a defender, leaving her sprawled on the turf. The Netherlands, in the end, went through to the quarterfinals, where Spain lies in wait in Wellington, New Zealand. Image Thembi Kgatlana, whose goal against Italy had sent South Africa to the round of 16, did all she could to extend its stay.
Persons: Thembi Kgatlana, Stefanie van der Gragt, Daphne van Domselaar’s, Jill Roord, Mark Baker, van Domselaar, Kgatlana, Desiree Ellis’s, ” Ellis, , , David Gray, Daphne van Domselaar, couldn’t, Franck Fife, Lineth Beerensteyn Organizations: Italy, Associated, South, Desiree Ellis’s South, Agence France Locations: South Africa, Netherlands, Spain, Wellington , New Zealand, Italy, Desiree Ellis’s South Africa, New Zealand, jubilation
Spain Pounces on Switzerland to Grab Quarterfinal Spot
  + stars: | 2023-08-05 | by ( Andrew Das | ) www.nytimes.com   time to read: +2 min
Image Aitana Bonmatí made it 3-1. Credit... Molly Darlington/ReutersWhen you think about it, even the own goal was impressive. Yes, Spain scored fives times in its 5-1 victory against Switzerland on Saturday to advance to the quarterfinals of the World Cup. OH NO, IT'S AN OWN GOAL FROM SPAIN 🤯 pic.twitter.com/eTfLdXfB1d — FOX Soccer (@FOXSoccer) August 5, 2023 It was a self-inflicted wound, but not a deadly one. Aitana Bonmatí made it 3-1 with some wonderful footwork that left at least two Swiss defenders lying on the grass around her. That project now will continue for at least one more game, and with the players brimming with confidence.
Persons: Aitana Bonmatí, Molly Darlington, Spain, Laia Codina, Codina, ong, egan Organizations: Reuters, Switzerland, ust Locations: Spain
REUTERS/Paulo WhitakerAug 3 (Reuters) - Brazilian brewer Ambev (ABEV3.SA) on Thursday reported a 15.2% decline in second-quarter net profit, narrowly missing market forecasts. The subsidiary of Belgium's Anheuser-Busch InBev (ABI.BR) posted profit of 2.60 billion reais ($540.34 million), below the 2.68 billion reais average estimate of analysts polled by Refinitiv. Revenue rose 20% from the same period a year earlier to 18.9 billion reais, as cost pressures continued to ease but missing the 19.80 billion reais consensus view. Earnings before interest, tax, depreciation and amortization (EBITDA) grew in all business units, though sales volume declined 2.2%. "Our top-line performance remained resilient and cost pressures continued to decelerate leading to bottom-line growth," CEO Jean Jereissati said in a statement.
Persons: Paulo Whitaker, Ambev, Jean Jereissati, Itau, Natalia Siniawski, Jane Merriman, Christopher Cushing, Tomasz Janowski Organizations: Bebidas, REUTERS, Belgium's Anheuser, Busch InBev, Refinitiv, Petrobras, PETR4, Thomson Locations: Companhia, Fortaleza, Brazil, Central America, Caribbean, Panama, Dominican Republic, Vale, VALE3
It was a fresh addition to the staging, if still something of a letdown, a mild finale after 15 keyed-up hours. There were more tweaks to this “Ring.” The kidnapping and hoarding of children — an obsession with youthfulness; a sense of violence passed through generations — is one of Schwarz’s themes. You can tell Schwarz intended these revisions to heighten certain aspects of his interpretation. Last year, Cornelius Meister conducted the premiere because Pietari Inkinen had to drop out with a case of Covid late in the rehearsal process. Meister’s work ended up being blandly neutral, not quite compatible with Schwarz’s vivid, provocative staging.
Persons: Wotan, “ Das Rheingold, “ Rheingold, , Brünnhilde, Siegfried, Schwarz, — it’s, Cornelius Meister, Pietari Inkinen, it’s, “ Siegfried ”, gawkily reedy, Gutrune Locations: Hagen
The job for the United States women’s soccer team on Tuesday is clear, because that job never changes. The United States must get past Portugal to advance at the Women’s World Cup because that it what is needed, what is expected, what is required. It’s just kind of, why are you coming to the World Cup if you don’t think you should win it? The United States is a team in transition, a mix of veteran World Cup champions and fresh-faced World Cup rookies that has struggled both to dominate weaker teams and to unlock stronger ones. The United States knows it has arrived at a special moment in this World Cup.
Persons: Megan Rapinoe, , doesn’t, Rapinoe, , haven’t, Vlatko, ” Andonovski Organizations: United, U.S, women’s Locations: United States, Portugal, U.S, Netherlands, Vietnam, England
Savannah DeMelo said the reality that she was playing for the United States in the Women’s World Cup finally hit her as the fans in the stadium counted down the final 10 seconds before her first match. She only started to get truly comfortable, though, once people starting kicking her. Those were just a bit of welcome familiarity for DeMelo, one of the most fouled players in the National Women’s Soccer League. “I’m used to getting kicked,” DeMelo said. DeMelo, after all, had never played a game for the United States before she was named to the World Cup roster last month.
Persons: Savannah DeMelo, “ I’m, ” DeMelo Organizations: National Women’s Soccer League, U.S . Locations: United States
They travel to Europe to prominent World War II sites, where their love for one another deepens. And we want what others have.”In another scene in the film, she says: “Every relationship goes through their Auschwitz”. The dialogue and plot has sparked outrage with the SWC calling on the Amazon Prime to stop monetizing the film. Tiwari, Kapoor and Dhawan have not publicly addressed the SWC statement. Dhawan said he respected everyone’s opinion, adding that critics are harder on Hindi movies and give more leeway to Western films.
Persons: New Delhi CNN —, Simon Wiesenthal, Nitesh Tiwari, Janhvi Kapoor, Varun Dhawan, Kapoor, We’re, Adolf Hilter’s Nazi, Dean, Rabbi Abraham Cooper, “ Nitesh Tiwari, India’s, Shantanu Das, , Tiwari, Dhawan, , ” Kapoor Organizations: New, New Delhi CNN, Simon Wiesenthal Center, Amazon Prime, Nazi, SWC, Prime, Global, CNN, Hindustan Times, Locations: New Delhi, Indian, Europe, India
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