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But Russia's Accounts Chamber, which oversees budget execution, warned on Monday there were risks the Urals price would fall below $60 in 2024-2026. Russia's forecast sees economic growth of 2.3% in 2024, well above estimates of 1.1% from the International Monetary Fund and 0.5%-1.5% from the Bank of Russia. CHANGING TUNEAt Russia's flagship economic forum in St Petersburg in June, Siluanov said increasing expenditure was difficult, as budget spending had already increased by 1-1/2 times from 2019 to 2022. Now, even as the government outlines plans for spending to jump to 36.7 trillion roubles in 2024, he is more relaxed. Renaissance Capital's Donets and Melaschenko said Russia could create temporary taxes, permanently increase rates of VAT, or adjust Russia's budget rule to permit more spending of energy revenues.

Persons: Evgenia, Anton Tabakh, Vladimir Putin, Anton Siluanov, Denis Popov, Yevgeny Suvorov, Suvorov, Sofya Donets, Andrei Melaschenko, Dmitry Polevoy, Siluanov, Melaschenko, Alexei Sazanov, Sazanov, Konstantin Sonin, It's, Sumanta Sen, Mark Trevelyan, Alexander Marrow, Catherine Evans Organizations: U.S ., Russian, REUTERS, Washington, Finance, International Monetary Fund, Bank of Russia, Capital, Reuters Graphics Russia, University of Chicago, Thomson Locations: Moscow, Russia, Ukraine, West, St Petersburg

☆ Who is in Putin's delegation to China - and who stayed in Moscow?
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Russian President Vladimir Putin arrives for the opening ceremony of the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Dmitry Azarov/Pool via REUTERS Acquire Licensing RightsMOSCOW, Oct 18 (Reuters) - Russian President Vladimir Putin is currently on a visit to China, his second only trip outside the former Soviet Union since the February 2022 invasion of Ukraine. Who is in the Russian delegation with Putin - and who stayed in Russia? Before Putin left for China, he was shown at a meeting with defence and spy chiefs at his Novo-Ogaryovo residence outside Moscow. The following top officials are thought to be in Russia.

Persons: Vladimir Putin, Dmitry Azarov, Alexander Novak, Sergei Lavrov, Yuri Ushakov, Maxim Oreshkin, Dmitry Peskov, Central Bank Governor Elvira Nabiullina, Anton Siluanov, Maxim Reshetnikov, Dmitry Shugaev, Yuri Chikhanchin, Dmitry Chernyshenko, Igor Morgulov, Igor Sechin, Alexei Miller, Alexei Likhachev, Andrei Kostin, Igor Shuvalov, Leonid Mikhelson, Oleg Belozyorov, Kirill Dmitriev, Putin, Sergei Shoigu, Nikolai Patrushev, Alexander Bortnikov, Dmitry Medvedev, Anton Vaino, Sergei Kiriyenko, Mikhail Mishustin, Viktor Zolotov, Sergei Naryshkin, Guy Faulconbridge, Muralikumar Organizations: Forum, Sputnik, REUTERS Acquire, Rights, Soviet Union, Putin, Kremlin, Central Bank Governor, Federal Service for Military, Gazprom, VEB, Russian, Russian Direct Investment, Russia Security, Federal Security Service, Russia's Foreign Intelligence, Reuters, Thomson Locations: Beijing, China, Ukraine, Russia, CHINA, North Korea, China BUSINESSPERSONS, Moscow, Russian

☆ SK Hynix denies report about approaching SoftBank on Kioxia merger
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration Acquire Licensing RightsSEOUL, Oct 18 (Reuters) - South Korea's SK Hynix Inc (000660.KS), the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank Group (9984.T) to partner up in a possible deal with memory chipmaker Kioxia Holdings Corp.A Nikkei report earlier on Wednesday said SK Hynix is reluctant to back a merger between U.S. rival Western Digital's memory chip operations and Kioxia, in which SK Hynix holds a stake. The report went on to say that SK Hynix had sounded out SoftBank for a partnership in case the merger falls through. "SK Hynix denies Nikkei's report that the company approached SoftBank for collaboration with regard to the Kioxia-Western Digital deal," the company said in a statement, without commenting on its stance on the merger. Kioxia and Western Digital Corp (WDC.O) are pursuing a merger as a global chip glut and weak demand for flash memory chips strengthens pressure for chipmakers to consolidate.

Persons: Florence Lo, Japan's, SoftBank, Kioxia, Joyce Lee, Anton, Simon Cameron, Moore, Louise Heavens Organizations: SK Hynix, REUTERS, Rights, Korea's SK Hynix Inc, Japan's SoftBank, Kioxia Holdings Corp, Nikkei, Wednesday, U.S, Western, SoftBank Group, Western Digital Corp, Thomson Locations: Rights SEOUL

☆ NHL roundup: Auston Matthews’ 2nd straight hat trick lifts Leafs
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +9 min

/ Dan Hamilton-USA TODAY Sports Acquire Licensing RightsOctober 15 - Auston Matthews scored three goals for the second straight game and the Toronto Maple Leafs defeated the visiting Minnesota Wild 7-4 on Saturday night. William Nylander added two goals and an assist for the Maple Leafs, who have won their first two games of the season. Senators 5, Flyers 2Jakob Chychrun had two goals and one assist, Brady Tkachuk scored twice and host Ottawa defeated Philadelphia. Jenner got his second career hat trick by scoring three times in a span bridging the first and second periods. 1 overall pick by Chicago in the 2023 NHL Draft, assisted on Johnson's second goal, giving him a goal and two assists in his first three NHL games.

Persons: Auston Matthews, Tyler Bertuzzi, Dan Hamilton, William Nylander, Calle Jarnkrok, Mitchell Marner, Morgan Rielly, John Tavares, Ryan Hartman, Matt Boldy, Marco Rossi, Brandon Duhaime, Ilya Samsonov, Filip Gustavsson, Jakob Chychrun, Brady Tkachuk, Jake Sanderson, Vladimir Tarasenko, Claude Giroux, Anton Forsberg, Travis Konecny, Cam York, Carter Hart ., Chandler Stephenson, Hill, Greg Cronin's, Jack Eichel, Shea Theodore, Jonas Rondbjerg, Mason McTavish, John Gibson, Cronin, Dallas Eakins, Gibson, Kyle Connor, Mark Scheifele, Mason Appleton, Jets netminder Connor Hellebuyck, Winnipeg's, Evan Rodrigues, Sam Reinhart, Sergei Bobrovsky, James van Riemsdyk's, Nashville . van Riemsdyk, Charlie McAvoy's, David Pastrnak, Brad Marchand, Boone Jenner, Jenner, Erik Gustafsson, Will Cuylle, Chris Kreider, Filip Chytil, Mika Zibanejad, Alex DeBrincat, Compher, Moritz Seider, DeBrincat, Dylan Larkin, Steven Stamkos, Victor Hedman, Sean Monahan, Cole Caufield, Tanner Pearson, Sam Montembeault, Tyler Johnson, Petr Mrazek, Connor Bedard, Bryan Rust, Jake Guentzel, Evgeni Malkin, Reilly Smith, Kris Letang, Matt Coronato, Jonathan Huberdeau, Jacob Markstrom, Nils Hoglander, Sam Lafferty, Casey DeSmith, Andrei Kuzmenko, Jack Studnicka, Elias Pettersson, backstop, Ryan Nugent, Hopkins, Leon Draisaitl, Connor McDavid, Stuart Skinner, Jordan Binnington, Louis, Jordan Kyrou, Robert Thomas, Binnington, Vince Dunn's, Adam Larsson, Jaden Schwartz, Joey Daccord, Casey Cizikas, Brock Nelson, Kyle Palmieri, Ilya Sorokin, Jordan Greenway, Casey Mittelstadt, Devon Levi, Jordan Martinook, Brent Burns, Aho, Jesperi Kotkaniemi, Brendan Lemieux, Teuvo Teravainen, Anze Kopitar, Drew Doughty, Moore, Vladislav Gavrikov, Kevin Fiala, Cale Makar, Mikko Rantanen, Alexandar Georgiev, Mackenzie Blackwood, Thomas Bordeleau Organizations: CAN, Toronto Maple Leafs, Minnesota Wild, Scotiabank Arena, Maple Leafs, Toronto, Minnesota, Senators, Flyers, Ottawa, Philadelphia, Carter Hart . Golden Knights, Ducks, Greg Cronin's NHL, Anaheim, Vegas, Golden Knights, Jets, Panthers, Winnipeg, Florida, Bruins, Boston, Nashville ., Blue Jackets, Rangers, Columbus, Boston Bruins, Wings, Detroit, Tampa, Red Wings, Lightning, Canadiens, Blackhawks, Montreal, Chicago, NHL, Penguins, Flames, Pittsburgh, Calgary, Canucks, Oilers, Seattle, Blues, Islanders, Sabres, New, Hurricanes, Carolina, Los Angeles Kings, Kings, Los, Avalanche, Sharks, Colorado, San Jose, San, Thomson Locations: Toronto , Ontario, Las Vegas, Florida, New York, York, Tampa Bay, Calgary, Vancouver, Elmont, squandering, Los Angeles, San, San Jose

Economists already utilize machine learning, a branch of AI, to analyze data and develop economic projections. Korinek expects it to “revolutionize research,” according to a paper he wrote that was accepted for publication by the Journal of Economic Literature. Impact on employmentSo what could be the impact of genAI’s advancement on employment in economics? Jobs site Indeed conducted a recent study gauging the level of exposure of certain jobs to genAI based on the skills needed to perform them. Economists use a lot of technology to do their jobs, which are tasks that genAI could also perform, especially as it becomes more and more refined.

Persons: CNN — Anton Korinek, ”, “, ” Korinek, GenAI isn’t, Louis, Bing, Google’s Bard, Anthropic’s Claude, GenAI, Claude 2, Korinek, It’s, Tyler Cowen, Alex Tabarrok, “ ChatGPT, ” Cowen, Tabarrok, GPT, genAI, Louis Fed, Svenja, ” Gudell Organizations: CNN, University of Virginia, Korinek, Journal, Economic, George Mason University, Federal Reserve Bank of St, St, Professional Locations: genAI

NEW YORK (AP) — Salman Rushdie has a memoir coming out about the horrifying attack that left him blind in his right eye and with a damaged left hand. “This was a necessary book for me to write: a way to take charge of what happened, and to answer violence with art,” Rushdie said in a statement released Wednesday by Penguin Random House. The 256-page “Knife" will be published in the U.S. by Random House, the Penguin Random House imprint that earlier this year released his novel “Victory City,” completed before the attack. Political Cartoons View All 1206 Images“'Knife' is a searing book, and a reminder of the power of words to make sense of the unthinkable," Penguin Random House CEO Nihar Malaviya said in a statement. Rushdie wrote at length, and in the third person, about the fatwa in his 2012 memoir “Joseph Anton.”“This doesn’t feel third-person-ish to me,” Rushdie said of the 2022 attack in the magazine interview.

Persons: — Salman Rushdie, ” Rushdie, Rushdie, Hadi Matar, Ruhollah Khomeini, ”, Booker, Nihar Malaviya, David Remnick, “ Joseph Anton, “, that’s Organizations: Penguin Random, Chautauqua Institution, Random House, Penguin, PEN America, Random, Yorker Locations: New York, U.S

☆ Who Is Nadine Arslanian, Bob Menendez's Wife Indicted in a Bribery Scandal?
▼ + stars: | 2023-10-11 | by ( Michelle Mark | Katherine Long | ) www.businessinsider.com time to read: +17 min

Sen. Bob Menendez and his wife Nadine Arslanian arrive at federal court following an indictment on corruption charges. Still, even prior to Menendez and federal indictment, Arslanian brushed up against fame and scandal. Arslanian "liked nice things," Anton told Insider. The longtime friend, who asked not to be identified by name, told Insider that Arslanian was conscious of her looks. AdvertisementAdvertisement"We felt that it was a very one-sided investigation," Koop's sister, Rosemarie Koop-Angelicola, told Insider.

Persons: Nadine Arslanian, Richard Koop, Robert Menendez, Arslanian texted Menendez, Sen, Bob Menendez, Brendan McDermid, Menendez's, Arslanian, Menendez, Chris Christie, Doug Anton, Kim DePaola, Kelly, Anton, Kyriakos Mitsotakis, Mareva Mitsotakis, Chip Somodevilla, Nadine Tabourian, Raffi Arslanian, Sabine, André, Arslanian's, Last, Marco Tacca, Anton's, Koop, —, Narendra Modi, Stefani Reynolds, Bono, — Menendez, Taj, Robert, Nadine, Menendez cradling Arslanian, they've, Koop's, Rosemarie Koop, Angelicola, she's, Wael Hana, Douglas Anton, Jose Uribe, Uribe, Fred Daibes, Bob, Nadine wasn't, Aaron Short Organizations: New Jersey IHOP, Benz, Reuters, Democratic Party, Prosecutors, longtime Garden, Arslanian's, Real Housewives of New, Attorney, Greek, White House, New York University, New York Times, Housewives of, Indian, Getty, Lincoln, Police, Senate Foreign Relations, Strategic, Business Consultants, Strategic International Business Consultants, Hana, Department of Justice Locations: New Jersey, Bogota , New Jersey, Englewood Cliffs, Real Housewives of New Jersey, Beirut, Lebanon, United States, Bergen, Jersey, Cernobbio, Italy, AFP, Bergen County, Union City, Queens, Arslanian's Englewood, Washington, DC, Bogota, Egypt, Arslanian, Egyptian, Englewood

☆ Putin Offers Muted Response to Attack on Israel. That Speaks Volumes.
▼ + stars: | 2023-10-10 | by ( Anton Troianovski | More About Anton Troianovski | ) www.nytimes.com time to read: +1 min

President Vladimir V. Putin of Russia has long cast himself as a friend of Israel and the Jewish people. But amid the worst attack on Israel in 50 years, the high regard that Mr. Putin has shown for Israel in the past appears remarkably absent. More than three days after the start of the incursion by Hamas, there has been no message of condolence from the Kremlin, even though Mr. Putin previously published such notes of sympathy in the wake of terrorist attacks in Israel. And he has not yet called Mr. Netanyahu, even though he spoke with Israeli leaders at least 11 times in 2022 and developed a close relationship with Mr. Netanyahu over more than a decade of meetings and phone calls. Instead, Mr. Putin’s spokesman on Monday struck a neutral stance, saying that Russia was “extremely concerned” and calling for an immediate halt to the fighting.

Persons: Vladimir V, Putin, Israel, Benjamin Netanyahu, Netanyahu, Putin’s Organizations: Moscow Jewish Museum, Kremlin Locations: Russia, Israel, Moscow, Jerusalem, Nazi, Leningrad

☆ Germany, France Hold Unprecedented Cabinet Retreat to Oil Creaky EU Motor
▼ + stars: | 2023-10-09 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

"Macron and Scholz are simply very different personalities," Anton Hofreiter, chair of the German parliament's Committee on European Union Affairs and member of the Greens. "Ultimately the point of bilateral relations is to overcome differences- that is the core of the EU," a French cabinet member said, on condition of anonymity. The informal team-building exercise is in keeping with the German tradition of holding cabinet "Klausur" or retreats. The stakes are high, said Detlef Seif, a leading German Christian Democratic Union lawmaker on EU affairs. (Reporting by Sarah Marsh and Andreas Rinke in Berlin; Additional Reporting by Michel Rose in Paris; Editing by Ros Russell)

Persons: Sarah Marsh, Andreas Rinke BERLIN, Jacob Ross, Emmanuel Macron, Angela Merkel, Olaf Scholz, Macron, Scholz, Anton Hofreiter, Detlef Seif, Andreas Rinke, Michel Rose, Ros Russell Organizations: German, Foreign Relations, European Union Affairs, Greens, German Christian Democratic Union, EU, Reuters Locations: France, Hamburg, Europe, Ukraine, China, Brussels, Russian, Berlin, United States, Germany, German, Paris

Wagner communications channels were silent, but some supporters and patriotic bloggers expressed disbelief. 'LAUGHABLE' EXPLANATIONWestern diplomats say Putin ordered the killing of Prigozhin after the humiliation of the mutiny. "Two heroes of great Russia died in this plane crash, just in case someone forgot, and not druggies," said the Southern Front Telegram channel. And that is why Prigozhin himself did not just die, but became a 'downed pilot'," Pastukhov wrote on Telegram. (But) he needs society to understand the hint unambiguously: this is how everyone (who betrays us) will be dealt with."

Persons: Yevgeny Prigozhin, Wagner, Anton Vaganov, Putin, Vladimir Putin's intimation, Yevgeny Prigozhin's, Prigozhin, Dmitry Utkin, CHVK, Vladimir Pastukhov, Pastukhov, Guy Faulconbridge, Andrew Osborn, Gareth Jones Organizations: REUTERS, Embraer, Federal Security Service, Wagner, KGB, Southern Front Telegram, Zone, Thomson Locations: Saint Petersburg, Russia, Said, MOSCOW, St Petersburg, Moscow

A specialist works at the site of a crash of the private jet linked to Yevgeny Prigozhin in the Tver region, Russia, on August 24. "There was no external influence on the plane; it is an established fact," the Russian leader claimed. The mutiny was suddenly called off in a deal that required the Wagner chief and his fighters to relocate to Belarus. There is no concrete evidence that points to Kremlin involvement and, officially, the cause of the crash is unknown. Meanwhile, Ukrainian officials and US President Joe Biden have suggested Putin may have been behind the crash.

Persons: Yevgeny Prigozhin, Anton Vaganov, Wagner, Yevgeny Prigozhin's, Vladimir Putin, Putin, Prigozhin, Joe Biden, Jessie Yeung, Lauren Said, Moorhouse Organizations: Reuters Investigators, Wagner Locations: Tver, Russia, Russian, Sochi, Belarus

☆ Sen. Bob Menendez's wife, Nadine Arslanian, racked up traffic violations – including using her phone while driving — before she struck and killed a pedestrian in 2018
▼ + stars: | 2023-10-05 | by ( Katherine Long | ) www.businessinsider.com time to read: +2 min

Nadine Arslanian married Bob Menendez in 2020, two years after she struck and killed a pedestrian. Records show that she has a history of traffic infractions, including using a phone while driving. AdvertisementAdvertisementNadine Arslanian, the wife of embattled New Jersey senator Bob Menendez , has a history of traffic violations stretching beyond a fatal 2018 crash in which she struck and killed a pedestrian, municipal records show, including two citations for using her phone while driving. Arslanian seems to have been something of a fixture in New Jersey traffic courts, racking up six tickets between 2005 and 2018 for violations, including using a phone while driving, ignoring traffic signs, and failing to maintain her headlamps. AdvertisementAdvertisementArslanian received another ticket for using her phone while driving in 2021, three years after she killed Koop, municipal records show.

Persons: Nadine Arslanian, Bob Menendez, —, Arslanian, Richard Koop, Mercedes, Menendez, Matt Friedman, Koop, Doug Anton, Kelly, Wael Hana, Mendendez's Organizations: Records, Service, Benz, Police, Politico, BMW Locations: New Jersey, Egyptian

☆ SoftBank CEO Son says artificial general intelligence will come within 10 years
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Oct 4 (Reuters) - SoftBank (9984.T) CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realised within 10 years. Speaking at the SoftBank World corporate conference, Son said he believes AGI will be ten times more intelligent than the sum total of all human intelligence. He noted the rapid progress in generative AI that he said has already exceeded human intelligence in certain areas. Arm CEO Rene Haas, speaking at the conference via video, touted the energy efficiency of Arm's designs, saying they would become increasingly sought after to power artificial intelligence. Son said he thinks he is the only person who believes AGI will come within a decade.

Persons: Masayoshi Son, Son, AGI, SoftBank, Rene Haas, Haas, Anton Bridge, Tom Hogue, Edwina Gibbs Organizations: Thomson Locations: TOKYO

Russia has been bolstering its armed forces and ramping up weapons production in the expectation of a long war in Ukraine, where front lines have barely shifted for a year. "There are no plans for an additional mobilisation," Shoigu was shown telling top generals on state television. "The armed forces have the necessary number of military personnel to conduct the special military operation." Putin ordered a "partial mobilisation" of 300,000 reservists in September last year, prompting hundreds of thousands of young men to flee Russia to avoid being sent to fight. While Ukraine was able to win back territory last year from Russia in attacks which humiliated the Russian armed forces, this year has been different.

Persons: Anton Vaganov, Shoigu, Sergei Shoigu, Vladimir Putin, Wagner, Putin, Mark Milley, Milley, Dmitry Peskov, Guy Faulconbridge, Mark Trevelyan, Kevin Liffey, Nick Macfie Organizations: REUTERS, Defence, West, Belfer, Harvard Kennedy School, CNN, Kremlin, Thomson Locations: Russia, Ukraine, Leningrad Region, MOSCOW, Russian, That's, United States

☆ Agostini, Krausz and L'Huillier win 2023 Nobel Prize in Physics
▼ + stars: | 2023-10-03 | by ( ) www.cnbc.com time to read: +1 min

Journalists wait for the announcement of the winners of the 2023 Nobel Prize in Physics at Royal Swedish Academy of Sciences in Stockholm on Oct. 3, 2023. Scientists Pierre Agostini, Ferenc Krausz and Anne L'Huillier won the 2023 Nobel Prize in Physics for "experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter", the award-giving body said on Tuesday. The prize, which was raised this year to 11 million Swedish crowns (about $1 million), is awarded by the Royal Swedish Academy of Sciences. Physics is the second Nobel to be awarded this week after Hungarian scientist Katalin Kariko and U.S. colleague Drew Weissman won the medicine prize for making mRNA molecule discoveries that paved the way for COVID-19 vaccines. Announced on consecutive weekdays in early October, the physics prize announcement will be followed by ones for chemistry, literature, peace and economics, the latter a later addition to the original line-up.

Persons: Pierre Agostini, Ferenc Krausz, Anne L'Huillier, Katalin Kariko, Drew Weissman, Alfred Nobel, Albert Einstein, Alain Aspect, John Clauser, Anton Zeilinger, Einstein Organizations: Royal Swedish Academy of Sciences, Royal Swedish Academy of Sciences . Physics Locations: Stockholm, COVID

In 2021, the year before Moscow launched its invasion of Ukraine, defence spending totalled 3.57 trillion roubles, 14.4% of total spending. In 2022, the share of defence spending rose to 17.7%, data on Russia's electronic budget page showed earlier this year. That may mean that defence spending will also be significantly higher than first envisaged. Moscow doubled its target for defence spending in 2023 to 9.7 trillion roubles, Reuters reported exclusively in August, citing a government document. EDUCATION, HEALTHCARE FREEZEAs defence spending in 2024 triples from pre-invasion levels, the share of spending on "national security", which covers funding for law enforcement agencies, is also rising, set to reach 9.2% in 2024, the documents showed.

Persons: Vladimir Putin, Mikhail Metzel, Anton Siluanov, Siluanov, Donets, Dmitry Peskov, Darya, Alexander Marrow, Philippa Fletcher Organizations: Sputnik, REUTERS, Defence, Reuters, CIS, Renaissance, Thomson Locations: Moscow, Russia, Kremlin, Ukraine, Russian

☆ Check out pitch deck slides from a startup that raised $11 million to sell smart basketball hoops that use AI to up your game
▼ + stars: | 2023-10-02 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

Childhood friends Paul Anton and Lyth Saeed continued to play basketball together while going to college in different states by using Snapchat. It looks like a TV screen behind the hoop and lets players remotely form teams and compete in challenges. "It's more than just the basketball hoop," Saeed, who serves as the company's COO, told Insider. Anton said Atar supported the technology right away and gave Huupe its first $1 million check. Check out 5 key slides from Huupe's most recent pitch deck, which has been updated since their $8 million seed round:

Persons: Paul Anton, Lyth Saeed, Anton, Saeed, Shaquille O'Neal, Dyson Daniels, Thaddeus Young, Huupe, Jake Paul's, Audie Atar, Conor McGregor, Jozy Altidore, Atar, Young, That's Organizations: Huupe, Marvan Ventures, TRI Investments, Studios, Paradigm Sports Management, US Men's National, Ventures Locations: Miami

[1/5] A woman mourns next to a makeshift memorial for Yevgeny Prigozhin, head of the Wagner mercenary group, as people mark 40 days since his death to respect an Orthodox tradition, in Saint Petersburg, Russia, October 1, 2023. It is still unclear what caused the plane to crash two months to the day since Prigozhin's failed mutiny. The Kremlin said on Aug. 30 that investigators were considering the possibility that the plane was downed on purpose. At memorials in Moscow and other Russian cities dozens of Wagner fighters and ordinary Russians paid their respects, though there was no mass outpouring of grief. Putin was on Friday shown meeting one of the most senior former commanders of the Wagner mercenary group and discussing how best to use "volunteer units" in the Ukraine war.

Persons: Yevgeny Prigozhin, Wagner, Anton Vaganov, Prigozhin, Prigozhin's, Violetta, Pavel, Vladimir Putin's, Putin, Mikhail, Marta, Dmitry Utkin, Hope, Anton Yelizarov, Guy Faulconbridge, Alison Williams Organizations: REUTERS, State, Embraer, KGB, Reuters, United States, Thomson Locations: Saint Petersburg, Russia, MOSCOW, St Petersburg, Moscow, Ukraine, Rostov, Mali

During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes in Europe and Asia Pacific, accounting for about half of global volumes. Deal volumes in Europe and Asia Pacific fell 31% and 9%, respectively. To date, private equity deal volumes have slumped 48% to $313.73 billion, compared to the same period last year. Deal activity driven by activist shareholders was muted as several big-name activists reached settlements with corporate boardrooms. Dealmaking in technology, which typically accounts for the largest share of deal volumes, has fallen 51% so far this year.

Persons: Brendan McDermid, dealmaking, We're, Melissa Sawyer, Sullivan, Cromwell, dealmakers, headwinds, Tony Kim, Roark Capital's, ”, Andre Kelleners, Goldman Sachs, Naveen Nataraj, Kappa, WestRock, it’s, Rob Kindler, Weiss, Garrison, it'll, Anton Sahazizian, Anirban Sen, Timothy Gardner Organizations: REUTERS, Cromwell LLP, Asia Pacific, Investment, U.S . Steel, Centerview Partners, U.S . Investment, Evercore Inc, Cisco, Splunk Inc, Fidelity National Information Services, Reuters, Paul, Moelis, Thomson Locations: New York City, U.S, United States, Europe, Asia, Cleveland, Rifkind, Wharton, New York, London

☆ Explainer: Wagner group - Is it back? Who controls it?
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +5 min

Is Wagner back, who controls it and are its fighters returning to the Ukraine war? After the fall of Bakhmut, Wagner fighters were withdrawn from the front. While Prigozhin criticised Russian Defence Minister Sergei Shoigu, Yelizarov said Shoigu was "out of control" and seeking to destroy Wagner. Russian, Ukrainian and Western sources have indicated that Wagner fighters are returning to the front. Russian war blog Rybar, which has over 1.2 million subscribers, said that Wagner fighters would return to Bakhmut.

Persons: Vladimir Putin, Wagner, Andrei Troshev, Yunus, Bek Yevkurov, Mikhail Metzel, WAGNER, Yevgeny Prigozhin, Dmitry Utkin, Bakhmut, Prigozhin, Putin, Anton Yelizarov, Yelizarov, Utkin, Sergei Shoigu, Shoigu, Wagner's Troshev, Troshev, Rybar, Guy Faulconbridge Organizations: Sputnik, REUTERS Acquire, Rights, deniability, United States, . Police, Reuters, Russian, Russian Ministry of Defence, PMC, Thomson Locations: Moscow, Russia, Ukraine, dabble, Syria, Libya, Mali, Bakhmut, Rostov, Russian, St Petersburg, Central African Republic, redeploy

☆ Ukraine asks UN court to hear genocide case despite Russian objection
▼ + stars: | 2023-09-27 | by ( Stephanie Van Den Berg | ) www.reuters.com time to read: +2 min

She said Ukraine needed the court's protection because Russia was not respecting international law as laid out in the 1948 Genocide Convention. Ukraine brought the case before the ICJ days after the Russian invasion on Feb. 24 last year. Kyiv argues Russia is abusing international law by saying the invasion was justified to stop an alleged genocide in eastern Ukraine. Ukraine says there was no risk of genocide in eastern Ukraine, where it had been fighting Russian-backed forces since 2014. In Ukraine, Russia has continued to show its true colours," Zolotaryova said, listing alleged Russian attacks on civil infrastructure and grain supplies.

Persons: Anton Korynevych, Oksana Zolotaryova, Alexander Vasilievich Shulgin, Gennady Kuzmin, Zolotaryova, Stephanie van den Berg, Toby Chopra, Alison Williams Organizations: Ukrainian Ministry of Foreign Affairs, International Law, Russia's, HAGUE, Wednesday, United Nations, Thomson Locations: Russian, Netherlands, Ukraine, Russia, Kyiv, The Hague Russia, Moscow

☆ Russia's inflatable decoy tanks are 'not credible' and need to be way better to trick Ukraine, expert says
▼ + stars: | 2023-09-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Russia is using inflatable tanks as decoys in Ukraine. The Russian decoys are too obvious and unlikely to trick Ukraine, he said. However — the imagery becomes a lot less intimidating once you realize that they are inflatable decoys and not real war machines. A Ukrainian UAV spots Russian inflatable decoys of T-72 tanks. Decoys — whether they're inflatable, wooden knockoffs , or high-quality lookalikes — can be highly effective on the battlefield, de Bretton Gordon continued.

Persons: —, Hamish de Bretton Gordon, they're, de Bretton Gordon, Bretton Gordon, Corbis, Gordon, Chris Panella, Anton Gerashchenko Organizations: Service, British Army Locations: Russia, Ukraine, Ukrainian

☆ Russia wanted to conquer Ukraine in just 2 days — it now says the war will last at least 3 years
▼ + stars: | 2023-09-27 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Russia's defense minister said its invasion of Ukraine could last until at least 2025. Sergei Shoigu said Russia is continuing to "build up the combat power" of its armed forces. AdvertisementAdvertisementAt the onset of Russia's invasion of Ukraine, US intelligence assessed that Russia could conquer Kyiv in just three days. Now 18 months into the war, Russia's Defense Minister Sergei Shoigu seemingly admitted Russia's offensives in Ukraine could last until at least 2025. But, 18 months into the conflict, Russia only occupies parts of eastern and southern Ukraine, as well as the Crimean Peninsula, which it annexed in 2014.

Persons: Putin's, Sergei Shoigu, —, Bill Burns, Anton Gerashchenko, Shoigu, Vladimir Putin Organizations: Service, CIA, Russia's, Institute for Locations: Ukraine, Kyiv, Russia, Russian, Crimean, Ukrainian, Oblast

☆ An oligarch who predicted that Russia may run out of money next year is surprised the economy has held up so far
▼ + stars: | 2023-09-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Oligarch Oleg Deripaska told the FT he was surprised at Russia's economic resilience. Deripaska, who is worth $2.3 billion, said demand from the global south is supporting Russia's economy. It's an about-turn for Deripaska, who, in March, said sanctions-hit Russia may run out of money next year. Anton Siluanov, the country's finance minister, told the CGTV channel last month he expects the Russian economy to grow by at least 2.5% this year. "Out of the next billion people who're about to be born, 70% will be in this region," Deripaska told the FT. "Let's face reality.

Persons: Oligarch Oleg Deripaska, Deripaska, —, oligarch Oleg Deripaska, It's, Anton Siluanov, it's Organizations: Service, Financial, New York Times, International Monetary Fund, US, European Union, Russia Locations: Russia, Ukraine

The data, compiled by NielsenIQ, showed overall sales volumes for shower gel, tampons, dishwashing products, laundry detergent and toilet paper declined in the year ended Sept. 17. Reuters GraphicsMajor brands like Ariel laundry detergent and Dove soaps have for years dominated the market versus retailers' private label goods. But the NielsenIQ data shows volumes for private label personal products are inching up while those for big brands decline. For instance, shower gel volumes fell 6% overall and 10% for big brands but rose 14% for private label products. Similarly, while laundry detergent volumes were down about 2% across the category and fell 10% for big brands, they surged 28% for private label brands.

Persons: Sarah Meyssonnier, NielsenIQ, Anton Delbarre, Emmanuel Macron's, Bernstein, Bruno Monteyne, Alexandre Bompard, Henkel, Eurocommerce, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Carrefour, REUTERS, Unilever, Reuters, Nestle, Pepsico, Reuters Graphics, Consumer, Procter, Gamble, Delbarre, Thomson Locations: Montesson, Paris, France

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