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☆ Sri Lanka's Theekshana out of Asia Cup final due to injury
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

Sept 16 (Reuters) - Sri Lanka spinner Maheesh Theekshana will miss the Asia Cup final against India after sustaining a hamstring injury during their win over Pakistan, the country's cricket board (SLC) said on Saturday. He bowled three more overs before being helped off the field during Sri Lanka's thrilling two-wicket win on Thursday. "If we didn't have a World Cup coming up, we would have somehow tried to get him ready for tomorrow's match. Washington Sundar is expected to join the India squad as cover for Axar Patel after the all-rounder sustained an injury in Friday's six-run loss to Bangladesh, cricket website Cricbuzz reported. He is expected to re-join the Asian Games camp after the Asia Cup final, the Cricbuzz report said.

Persons: Maheesh Theekshana, Sahan Arachchige, Arjuna de Silva, Washington Sundar, Axar Patel, Cricbuzz, Sundar, Hritika Sharma, Kim Coghill Organizations: Asia, India, Pakistan, ESPN, Asian Games, Thomson Locations: Sri Lanka, Colombo, India, Washington, Friday's, Bangladesh, Hangzhou, Hyderabad

☆ Russia denies Ukraine has retaken Andriivka, Ukraine posts video of fighting
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +3 min

The commander of Ukraine's land forces posted a video purporting to show the capture of Andriivka amid a landscape of scorched territory and devastation. The account of fighting by Russia's Defence Ministry said its troops were still holding at least two key villages south of Bakhmut, known in Russia by its Soviet-era name, Artyomovsk. Things are hot in Klishchiivka and Kurdiumivka," Maliar said on Telegram, referring to two other villages near the city. Maliar also reported that Russian forces had unsuccessfully tried to push through Ukrainian defences near two villages northwest of Bakhmut. Ukraine hopes to sever a land bridge Russia has created between annexed Crimea and territory it holds in the east.

Persons: Oleksandr Syrskyi, Hanna Maliar, Maliar, Ron Popeski, Daniel Wallis Organizations: Ukrainian Armed Forces Press, REUTERS Acquire, Saturday, Russia's Defence Ministry, Donetsk People's, Staff, Reuters, Thomson Locations: Ukrainian, Donetsk Region, Ukraine, Russia, Bakhmut, Andriivka, Artyomovsk, Donetsk, Donetsk People's Republic, Klishchiivka, Azov, Crimea

☆ Some student-loan borrowers are getting kicked out of classes and racking up debt after being placed in shady payment plans with minimal legal protection, a federal consumer watchdog says
▼ + stars: | 2023-09-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

It found the plans can have predatory terms that include big late fees and aggressive debt collection practices. AdvertisementAdvertisementThe report analyzed 450 institutions' payment plans — 60% of which outsourced management of the payment plans to third-party financial service providers, and it found that the interest-fee plans aren't as affordable as they sound. Additionally, the inconsistency among payment plans can leave students facing disparate consequences for missing a payment. CFPB example of late fees on tuition payment plans. The CFPB said it will continue to monitor schools' payment plans to ensure they are in accordance with consumer law.

Persons: Rohit Chopra, Joe Biden's Organizations: Service, Consumer Financial, Education Department Locations: Wall, Silicon

☆ Stellantis boosts wage hike offer to 19.5%, seeks concessions, UAW says- Detroit News
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: 1 min

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsCompanies Stellantis NV FollowSept 15 (Reuters) - Stellantis' (STLAM.MI) latest offer to the striking United Auto Workers includes hiking wages by 19.5% and making salaried workers hourly, The Detroit News reported on Friday, citing the union. The offer also includes consolidating aftersales parts plants and increasing the number of supplemental workers the jeep maker can use, the report said. Reporting by Chandni Shah in Bengaluru; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Chandni Shah, Sandra Maler Organizations: REUTERS, United Auto Workers, Detroit News, Thomson Locations: Auburn Hills , Michigan, U.S, Bengaluru

☆ Airbus nears decision on new planemaking leadership - sources
▼ + stars: | 2023-09-15 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

[1/2] An Airbus logo is pictured at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. Industry sources said a final decision on the shake-up was likely in coming weeks, capping weeks of speculation after Reuters reported the looming reorganisation in July. Airbus Helicopters CEO Bruno Even had earlier been cited as a possible candidate for the top planemaking role. But the focus of speculation has widened to Chief Commercial Officer Christian Scherer, a veteran of the Airbus planemaking business who has also had stints at the Defence division and in running turboprop joint-venture ATR, industry sources said. His appointment would herald broad continuity at the company's main planemaking business, which accounts for most of the company's revenue.

Persons: Benoit Tessier, Christian Scherer, Guillaume Faury, Bruno, Scherer, Tim Hepher, Louise Heavens Organizations: Airbus, Paris, REUTERS, Rights, Industry, Reuters, Airbus Helicopters, Defence, France, Jefferies, Bombardier, Pratt, Whitney, Airbus Defence & Space, Military Air Systems, FCAS, Thomson Locations: Le Bourget, Paris, France, Ukraine, Germany, United States

☆ Credit Suisse bond investors plot lawsuit against Switzerland, Financial Times reports
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

The logos of Swiss bank Credit Suisse and UBS are seen in Geneva, Switzerland, June 7, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsCompanies UBS Group AG FollowSept 15 (Reuters) - A group of international bond investors is drawing up plans to sue Switzerland in the U.S. courts for expropriation over the losses they suffered after UBS (UBSG.S) agreed to take over Credit Suisse with state support, the Financial Times reported. In essence, the claim would be seeking compensation for the destruction of [investors'] property rights, a person with knowledge of the plans told FT.Quinn Emanuel and Credit Suisse declined to comment. Quinn Emanuel is already suing Switzerland's financial regulator, FINMA, after the state-assisted rescue of Credit Suisse in March wiped out the Swiss bank's 16 billion Swiss franc ($17.85 billion) Additional Tier 1 (AT1) bondholders. ($1 = 0.8963 Swiss francs)Reporting by Gursimran Kaur in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, Quinn Emanuel, Gursimran Kaur, Shilpi Majumdar Organizations: Credit Suisse, UBS, REUTERS, UBS Group, Financial Times, Reuters, Thomson Locations: Geneva, Switzerland, U.S, Bengaluru

☆ The IPO market has 'lost a lot of relevance,' says Swiss asset manager Partners Group
▼ + stars: | 2023-09-15 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

watch nowThe IPO market has lost relevance in the real economy, but there are "absolutely enormous" opportunities in the health-care sector, according to the executive chairman of global private markets firm Partners Group. Private markets are switching places with public markets as the stewards of the real economy. "Private markets are switching places with public markets as the stewards of the real economy," said Partners Group. Partners' Group recorded $142 billion worth of assets under management as of the first half of 2023. Asked whether Partners Group will someday open up the window for retail investors to tap into the private equity market, Meister said it's already happening, marking a "democratization" of the private market industry.

Persons: Steffen Meister, CNBC's Chery Kang, Meister, it's Organizations: Partners, Milken Asia Summit, Bain & Company, Private, CNBC, McKinsey Locations: Singapore

☆ Ukraine's army keeps outsmarting Russia on the battlefield, with cunning ruses and opportunistic attacks
▼ + stars: | 2023-09-15 | by ( Tom Porter | Mia Jankowicz | ) www.businessinsider.com time to read: +10 min

"Deception has succeeded against Russian forces at all echelons and across all three service branches," the report said. A Russian drone had earlier damaged a tank there, and Afanasyev wanted to make sure it didn't happen again. AdvertisementAdvertisementThe company says over 250 of these decoys have so far been handed over to the Ukrainian military. In eastern Ukraine's Popasna, a base used by the mercenary pro-Russian Wagner Group was bombed to rubble by Ukrainian troops in April 2022. Ukraine's 110th brigade then "worked effectively to attack the Russian soldiers," he said.

Persons: it's, Ivan Oleksii, Oleksii, Cmdr, Oleksandr Afanasyev, Afanasyev, Vladimir Solovyov, Wagner, Igor Russak, Ukraine's, Huw Dylan, David Gioe, Joe Littell Organizations: Service, Royal United Services Institute, Russian, Getty, Kremlin, Wagner, Russian Wagner, Wired, Purpose, Center for Information Resilience, 25th Airborne Brigade, Modern War Locations: Russia, Ukraine, Wall, Silicon, Ukrainian, Russian, Kyiv, Makiivka, Lyman, Donetsk, St Petersburg, Ukraine's, Avdiyivka, Europe, Izium, Kharkiv, Kherson

☆ Solar energy shines in global survey with 68% support
▼ + stars: | 2023-09-15 | by ( Anthony Deutsch | ) www.reuters.com time to read: +3 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAMSTERDAM, Sept 15 (Reuters) - More than two-thirds of the world's population favours solar energy, five times more than public support for fossil fuels, a global poll has found. With 68% support, solar power was the most popular energy source, trailed by wind (54%), hydropower (35%) and nuclear (24%), with only 14% of respondents saying they favoured fossil fuels, the survey found. Fossil fuels, however, still accounted for 77% of global energy consumption in 2022, said Michael Sheldrick, Co-Founder and Chief Policy, Impact and Government Affairs Officer at Global Citizen. "This 'production gap' highlights a concerning paradox: despite strong public support for renewable energy, fossil fuel production remains prevalent," he said. Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, the most recent Statistical Review of World Energy report said.

Persons: Brendan McDermid, Glocalities, Michael Sheldrick, Anthony Deutsch, Kate Abnett, Miral Fahmy, Jane Merriman Organizations: House, REUTERS, Rights, Global Citizen, Initiative, Pew Research, Government, Democrat, World Energy, Thomson Locations: Manhattan, Brooklyn , New York, U.S, Australia, Brazil, China, India, Italy, Mexico, South Africa, South Korea, Turkey, United States, Europe, Ukraine, Paris

WASHINGTON (AP) — As the Biden administration heralds the forthcoming release of five U.S. citizens detained by Iran, President Joe Biden is also confronting questions about the price being paid to bring them — and other detainees — home. But each time, officials have said bringing home Americans held by foreign adversaries is a core administration priority that necessarily comes at a heavy cost. Increasingly, the Biden White House has appeared willing to pay it. The Biden administration is, of course, hardly unique in prisoner swaps. The Obama administration in a 2016 deal that drew consternation granted clemency to seven Iranians charged in the U.S. in exchange for the release by Iran of four Americans.

Persons: Biden, Joe Biden, Matthew Miller, “, Michael Waltz, they’ll, Trump, Donald Trump, who'd, Obama, there's, Siamak Namazi, James W, Danielle Gilbert, ”, It's, There's, Mark Frerichs, Bashir Noorzai, Nicolás Maduro’s, Antony Blinken, Iran wouldn’t, Ebrahim Raisi, Gilbert Organizations: WASHINGTON, U.S, WNBA, Biden White, Mideast, ”, Republican National Convention, Foley Foundation, Northwestern University, Justice Department, U.S ., U.S . U.S, NBC Locations: Iran, America, Russia, ”, U.S, Florida, Iranian, Washington, Venezuela, South Korea, Qatar, Northwestern

☆ US junk debt issuers use window to extend liabilities but at higher costs, Morgan Stanley report says
▼ + stars: | 2023-09-15 | by ( Matt Tracy | ) www.reuters.com time to read: +2 min

REUTERS/Lee Jae-Won/File Photo Acquire Licensing RightsSept 15 (Reuters) - U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities. Twelve high-yield issuers have raised $9.6 billion this week, making it the busiest week since November 2021, according to JPMorgan (JPM.N). Ninety of these borrowers used the money raised to refinance, the report noted. Junk bond issuers are now paying roughly 100 to 300 basis points more in coupons on new refinanced debt relative to in-place coupons, according to the report. But the opportunity to refinance is not open to all junk-rated issuers.

Persons: Lee Jae, Morgan Stanley, Matt Tracy, Nick Zieminski Organizations: REUTERS, JPMorgan, CCC, Thomson Locations: Seoul

The iPhone 15 Pro is presented during the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott Acquire Licensing RightsSept 15 (Reuters) - Buyers of Apple's new iPhone 15 Pro Max in China will need to wait for four to five weeks before receiving the smartphone, the company's website showed on Friday as it started taking pre-orders in an early sign of strong demand. The wait is slightly shorter for iPhone 15 Pro at two to three weeks, while the company said it could deliver iPhone 15 by Sept. 22, the day the phone goes on sale in stores. For the iPhone 15 Plus, the wait in China is eight working days. "The new iPhone 15 series, especially the Pro series, will be a good choice for the installed base who are using iPhone 11/12 and looking for an update replacement," Lam said, while adding that Huawei's Mate 60 series will be a challenge to the iPhone.

Persons: Loren Elliott, Ivan Lam, Lam, Brenda Goh, Yuvraj Malik, Arun Koyyur Organizations: REUTERS, Max, Apple, Huawei Technologies, Huawei, Thomson Locations: Cupertino , California, U.S, China, Shanghai, Bengaluru

☆ 'They knew' - Libyans express fury that warnings went unheeded before catastrophic flood
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +9 min

"The Libyan government knew what was going on in the Derna River Valley and the danger of the situation for a very long time." In his report, hydrologist Ashour cites an unpublished 2006 study from the Water Resources Ministry on "the danger of the situation." The Turkish company, Arsel, lists a project on its website to repair the Derna dams as having begun in 2007 and been completed in 2012. Even as the catastrophe was unfolding on Sunday night, the Water Resources Ministry issued a post on its Facebook page telling residents not to worry. "When the water started flowing into the house, me and my two sons with their wives escaped to the roof.

Persons: hydrologist Abdul Wanis Ashour, Ashour, Abdulqader Mohamed Alfakhakhri, Alwad Alshawly, hydrologist Ashour, Muammar Gaddafi, Derna, Al Qaeda, Omar al, Moghairbi, Marwan Alfaituri, Abdulmenam, Ghaithi, Petteri Taalas, Gaddafi, Khalifa Hafter, Abdulhamid, Aguila Saleh, Yousef Alfkakhri, Tom Perry, Angus McDowall, Maya Gebeily, Laila Bassam, Tarek Amara, Emma Farge, Mariana Sandoval, Peter Graff, Frank Jack Daniel Our Organizations: Reuters, Public Water Commission, Sebha University, of, Applied Sciences, Water Resources Ministry, NATO, Islamic, Gaddafi's, Libya's, Derna, Sunday, World Meteorological Organization, Libyan National Army, Thomson Locations: Libya, Derna, Tripoli, Turkish, Islamic State, Geneva, Libyan, Benghazi

☆ Libya flood: fury that warnings went unheeded
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +9 min

[1/4] A view shows the damaged areas, in the aftermath of the floods in Derna, Libya, September 13, 2023, in this picture obtained from social media. In his report, hydrologist Ashour cites an unpublished 2006 study from the Water Resources Ministry on "the danger of the situation." The Turkish company, Arsel, lists a project on its website to repair the Derna dams as having begun in 2007 and been completed in 2012. Even as the catastrophe was unfolding on Sunday night, the Water Resources Ministry issued a post on its Facebook page telling residents not to worry. "When the water started flowing into the house, me and my two sons with their wives escaped to the roof.

Persons: Marwan Alfaituri, hydrologist Abdul Wanis Ashour, Ashour, Abdulqader Mohamed Alfakhakhri, Alwad Alshawly, hydrologist Ashour, Muammar Gaddafi, Derna, Al Qaeda, Omar al, Moghairbi, Abdulmenam, Ghaithi, Petteri Taalas, Gaddafi, Khalifa Hafter, Abdulhamid, Aguila Saleh, Yousef Alfkakhri, Tom Perry, Angus McDowall, Maya Gebeily, Laila Bassam, Tarek Amara, Emma Farge, Mariana Sandoval, Peter Graff, Frank Jack Daniel Our Organizations: Reuters, Public Water Commission, Sebha University, of, Applied Sciences, Water Resources Ministry, NATO, Islamic, Gaddafi's, Libya's, Derna, Sunday, World Meteorological Organization, Libyan National Army, Thomson Locations: Derna, Libya, Tripoli, Turkish, Islamic State, Geneva, Libyan, Benghazi

☆ Google nears release of AI software Gemini - The Information
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Sept 14 (Reuters) - Alphabet's (GOOGL.O) Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported on Thursday, citing people familiar with the matter. Gemini is intended to compete with OpenAI's GPT-4 model, according to the report. Google has intensified investments in generative AI this year as it plays catch-up after Microsoft-backed OpenAI's launch of ChatGPT last year took the tech world by storm. It is also expected to help software engineers write code and generate original images based on what users ask to see. The search and advertising giant plans to make Gemini available to companies through its Google Cloud Vertex AI service.

Persons: OpenAI's, Rishabh, Sherry Jacob, Phillips Organizations: Google, Microsoft, Thomson Locations: India, Japan, Bengaluru

TOKYO (AP) — Asian shares were mostly higher Friday after China reported that its slowing economy showed signs of stabilizing in August. That is seen as a sign the economy may be breaking out of its post-pandemic malaise. “The Arm IPO optimism and China’s further stimulus measures boosted sentiment across Asian stock markets,” Tina Teng, a markets analyst at CMC Markets APAC & Canada, said in a commentary. A third report said prices getting paid at the wholesale level rose more last month than economists expected. Ignoring those and other particularly volatile prices, underlying inflation trends in Thursday’s report were closer to economists’ expectations.

Persons: Hang Seng, “, Australia's, Tina Teng, they’re, Mike Loewengart, ” Organizations: TOKYO, China, People's Bank of, Nikkei, SoftBank Group Corp, Arm Holdings, Nasdaq, CMC, Dow Jones Industrial, Treasury, Federal Reserve, Fed, CME Group, Morgan Stanley Global Investment, Brent, U.S . Locations: Shanghai, People's Bank of China, Tokyo, Canada, U.S

☆ France's Total in talks to invest in Adani Green's projects - Bloomberg News
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsSept 14 (Reuters) - French oil major TotalEnergies (TTEF.PA) is in talks to invest in renewable energy projects developed by India's Adani Green Energy (ADNA.NS) as part of its clean energy push, Bloomberg News reported on Friday, citing unnamed sources. Total could invest about $700 million in the projects, the report said, citing one source. The Adani Group has denied wrongdoing. Adani Green shares were up 0.5% on Friday. Adani Green had in July said it approved raising 123 billion rupees through a qualified institutional placement.

Persons: Gonzalo Fuentes, India's, Adani, Gautam Adani's, Hindenburg, Adani Green, Evelyn Nikhila S, Ganesh, Mrigank Organizations: La Defense, REUTERS, Energy, Bloomberg, Adani, Thomson Locations: La, Paris, France, Bengaluru

☆ WhatsApp denies report that the platform is exploring ads
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] A keyboard is placed in front of a displayed WhatsApp logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 15 (Reuters) - WhatsApp's top head on Friday denied a Financial Times report that said the Meta Platforms-owned (META.O) messaging platform was exploring advertisements as it sought to boost revenue. We aren't doing this," WhatsApp head Will Cathcart said in a post on social media platform X, formerly known as Twitter. The report said that teams at Meta were discussing whether to show ads in lists of conversations with contacts on the WhatsApp chat screen, but no final decisions had been made, citing people familiar with the matter. Facebook bought WhatsApp, which has always been a free chat app, in 2014 for $19 billion.

Persons: Dado Ruvic, Will Cathcart, Meta, WhatsApp, it's, Mark Zuckerberg, Kanjyik Ghosh, Shubham, Sonia Cheema, Savio D'Souza Organizations: REUTERS, Times, Twitter, Meta, Facebook, Thomson Locations: Bengaluru

☆ Sell Rosh Hashanah, buy Yom Kippur? What's the reasoning behind this classic seasonal trade
▼ + stars: | 2023-09-15 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

For active traders who like to time buying and selling around seasonal events, the next few weeks are Market Timing Heaven. The volatility is encapsulated in one of the more enduring seasonal trades: Sell Rosh Hashanah (which begins at sundown Friday this year), buy Yom Kippur (Sept. 25). Traders sell positions due to seasonal weakness at the start of Rosh Hoshanah, then return to the market after Yom Kippur. The period from Yom Kippur to Passover, which starts on April 22, 2024, is traditionally an up period, good for an average gain of 6.9%. It means market timers expecting seasonal weakness for the next few weeks are also expecting seasonal strength in the fourth quarter.

Persons: Rosh Hoshanah, Jeff Hirsch, Hirsch, Tom McClellan, McClellan, Todd Sohn Organizations: Triple, Triple Witching, Federal, Traders Locations: Yom, Rosh, Yom Kippur, Strategas

[1/5] People walk amidst the wreckage, in the aftermath of the floods in Derna, Libya September 15, 2023. "Bodies are littering the streets, washing back on shore and are buried under collapsed buildings and debris. Mohammad al-Qabisi, head of Derna's Wahda Hospital, said a field hospital was treating people with chronic illnesses needing regular attention. Thursday's U.N. report said more than 1,000 bodies in Derna and over 100 bodies in Al Bayda, another coastal city which was hit by flooding, had been buried in mass graves. The ICRC sent a cargo flight to Benghazi, eastern Libya's largest city, on Friday with 5,000 body bags.

Persons: Omran, DERNA, Bilal Sablouh, Ibrahim al, Mohammad al, Nouri Mohamed, Derna's, Kazunobu Kojima, Derna, Thursday's U.N, Al Bayda, I've, Ahmed Bayram, Saad Rajab Mohamed al, Martin Griffiths, Ahmed Elumami, Ayman al, Laila Bassam, Emma Farge, Gabrielle Tetrault, Farber, Nayera Abdallah, Mark Heinrich, William Maclean, Edmund Blair Organizations: REUTERS, WHO, World Health Organization, Reuters, Derna's, Organization for, International Committee, Cross, International Federation of, Red Crescent Societies, ICRC, Norwegian Refugee Council, Danish Refugee, Thomson Locations: Derna, Libya, U.N, GENEVA, Libyan, Africa, Geneva, Libya's Tripoli, Libya's, WHO's, Al, Benghazi, Susah, Beirut

☆ I Stressed My Body for 10 Days to Extend My Life… Did It Work?
▼ + stars: | 2023-09-14 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

The Brain Science of Aggression and Why Lashing Out Can Feel Good Nearly one in four people surveyed in Gallup's latest Global Emotions Report said they’d recently felt anger. WSJ’s Daniela Hernandez explains the neuroscience behind rage, the roles it plays in our lives and how we can keep it in check. Photo composite: David Fang

Persons: they’d, WSJ’s Daniela Hernandez, David Fang

REUTERS/David Gray/File Photo Acquire Licensing RightsLONDON, Sept 14 (Reuters) - Global investment of $2.7 trillion a year is needed to achieve net zero emissions by 2050 and avoid temperatures from rising above 1.5 degrees Celsius this century, a report by consultancy Wood Mackenzie said on Thursday. Many governments have pledged to reduce emissions to net zero by mid-century to help achieve this. However, most countries are not on track to even meet emissions targets by 2030, let alone 2050, the report said. Net zero refers to cutting emissions to as close to zero as possible with any remaining emissions re-absorbed from the atmosphere, by oceans and forests, for example. There will be a natural depletion as low and zero carbon options develop but supply still needs to be replenished as we move towards net zero," said Prakash Sharma, vice president at Wood Mackenzie, and lead author of the report.

Persons: David Gray, Wood Mackenzie, ”, Simon Flowers, Wood, Prakash Sharma, Nina Chestney, Deepa Babington Organizations: REUTERS, United Nations, Renewables, Thomson Locations: Port Botany, Sydney, Australia, 1.5C, Wood Mackenzie

☆ No time to lose on ocean treaty as threats to high seas rise - Greenpeace
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Mandatory credit Kyodo/via REUTERS/File Photo Acquire Licensing RightsCompanies Greenpeace Limited FollowSINGAPORE, Sept 14 (Reuters) - Governments have no time to lose when it comes to implementing a new global ocean treaty to protect the high seas as threats from human activities intensify, a report by environmental group Greenpeace said on Thursday. In March, more than 100 countries completed a groundbreaking treaty to protect the high seas after years of negotiations. The high seas, or international waters, constitute more than 60% of the world's oceans but have not been under any protection. Greenpeace said fishing hours on the high seas increased by 8.5% from 2018 to 2022, and were up 22.5% in areas that need special protection. Greenpeace said that needs to happen before 2025 if there is any hope of achieving the "30 by 30" target.

Persons: Chris Thorne, Greenpeace's, David Stanway, Jamie Freed Organizations: Kyodo, Rights Companies Greenpeace, Greenpeace, United Nations, General, Thomson Locations: Kushiro, Hokkaido Prefecture, Japan, SINGAPORE

☆ Video shows Lauren Boebert giving the middle finger to an usher after being kicked out of a performance of 'Beetlejuice'
▼ + stars: | 2023-09-14 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Rep. Lauren Boebert was escorted out of a performance of "Beetlejuice" in Denver over the weekend. Surveillance footage shows her giving the middle finger to an usher as she leaves the venue. An incident report said she was kicked out after vaping, recording on her phone, and being loud. The footage, released by Denver Arts & Venues, a city and council agency responsible for running some of the state's venues, and later published by 9NEWS Denver, shows Boebert being removed from her seat. It then shows Boebert leaving the venue, flanked by ushers.

Persons: Lauren Boebert, 9NEWS, Boebert, Drew Sexton, Sexton Organizations: Service, Denver Arts, Denver Post, Buell, Denver, Denver Police, Buell Theatre, The Washington Post Locations: Denver, Wall, Silicon, Denver , Colorado, 9NEWS Denver, Colorado

☆ Bellingham workload is only cloud on his horizon
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Bellingham is only 20 and already has very high-mileage at the top end of the game. Barring injuries Bellingham will face a huge workload this season and world players union FIFPRO has warned that he could be vulnerable to burnout if not managed properly. Only Rooney came anywhere close to Bellingham's total with 10,989 minutes while Lampard's total was 3,477 and David Beckham had not even managed 1,000 senior minutes before turning 20. "It is important for clubs and national teams to take a balanced approach when it comes to managing young players' workloads." Southgate will hope that Bellingham is given sufficient time to re-charge between now and the start of Euro 2024.

Persons: Jude Bellingham, Carlo Ancelotti, Gareth Southgate, Blancos, Bellingham, FIFPRO, Frank Lampard, Wayne Rooney, Steven Gerrard, Rooney, David Beckham, Southgate, I'm, Martyn Herman, Toby Davis Organizations: Real Madrid, Liga, Scotland, Birmingham City, Borussia Dortmund, Southgate, Thomson Locations: England, Bellingham

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