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☆ Canadian pension fund taps Europe's green hydrogen hopes with Dutch investment
▼ + stars: | 2023-07-11 | by ( Tommy Wilkes | ) www.reuters.com time to read: +3 min

LONDON, July 11 (Reuters) - Canada's biggest pension fund, CPP Investments, has made its first bet on green hydrogen playing a growing role in cutting emissions, with a 130 million euro ($143 million) investment and the purchase of a majority stake in a three-year-old Dutch firm. "Europe is generally seen as the leading industrial market or consumer for these green molecules. Power2X's current projects include a green hydrogen and ammonia development in Portugal and a solar power and green hydrogen project in Spain. Expanding green hydrogen production will require more renewable power generation, and some questions remain over its potential use cases versus other low-emission technologies. Last month Canada's Investment Management Corporation of Ontario announced a $400 million investment in Sweden's battery producer Northvolt.

Persons: Bruce Hogg, CPPI, Hogg, Occo Roelofsen, Tommy Reggiori Wilkes, Conor Humphries Organizations: Investments, Reuters, Investor, McKinsey, Investment Management Corporation of Ontario, Thomson Locations: Amsterdam, Europe, Portugal, Spain, Power2X

☆ US agency seeks updated responses from Tesla in Autopilot probe
▼ + stars: | 2023-07-06 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, July 6 (Reuters) - U.S. auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker's advanced driver assistance system Autopilot. The agency is investigating the performance of Autopilot after identifying more than a dozen crashes in which Tesla vehicles struck stopped emergency vehicles. It is also investigating whether Tesla vehicles adequately ensure drivers are paying attention when using the driver assistance system. In June 2022, NHTSA upgraded the probe it first opened in August 2021 to an engineering analysis - a required step before it could potentially demand a recall. Since 2016, NHTSA has opened 40 Tesla special crash investigations where advanced driver assistance systems such as Autopilot were suspected of being used with 20 crash deaths reported.

Persons: Tesla, Pete Buttigieg, David Shepardson, Jason Neely, Conor Humphries Organizations: Traffic Safety Administration, NHTSA, Transportation, Thomson

WARSAW/PRAGUE, July 6 (Reuters) - Central European currencies are expected to weaken over the next 12 months with the Polish zloty taking the biggest hit, a Reuters poll showed, as higher inflation compared to the euro zone and the prospect of interest rate cuts weigh. But with Hungary's central bank having already started to loosen policy and more rate cuts predicted in the region this year, analysts expect currencies to fall. The forint is expected to fall 1.3% to 380.0 against the euro, according to the poll. "Although consumer prices in Romania are largely sensitive to the exchange rate, it could soon allow the central bank to let leu depreciate slightly." The Czech crown is forecast to weaken the least of the region's currencies, falling 0.1% to 23.775.

Persons: Marcin Sulewski, HUF, Peter Virovacz, Jakub Kratky, leu, Jason Hovet, Alan Charlish, Sunil, Veronica Khongwir, Sarupya Ganguly, Conor Humphries Organizations: National Bank of Hungary, European Union, ING, Thomson Locations: WARSAW, PRAGUE, Poland, Romanian, Romania, Prague, Warsaw

PRAGUE, July 6 (Reuters) - Ukrainian President Volodymyr Zelenskiy landed in the Czech capital Prague on Thursday as part of a tour to drum up support for a fast track to NATO membership for Kyiv ahead of a summit next week. "At the meeting, the presidents should coordinate their positions before the NATO summit in Vilnius, where it is expected to discuss, among other things, security guarantees for Ukraine." His arrival follows a visit to Bulgaria for talks on security and the NATO summit. Zelenskiy's diplomatic adviser Ihor Zhovkva said Kyiv had secured the backing of Bulgaria for its membership of the military alliance "as soon as conditions allow. " During the visit, Zelenskiy urged Sofia to continue military support and moved to dispel the notion that supplies of Western weapons to his country had expanded the scale of the war.

Persons: Volodymyr Zelenskiy, Petr Pavel, Pavel, Zelenskiy, Ihor Zhovkva, Jason Hovet, Robert Muller, Ronald Popeski, Alan Charlish, Jonathan Oatis, Richard Chang, Conor Humphries Organizations: NATO, Kyiv, Ukraine, European Union, Air Force, Thomson Locations: PRAGUE, Czech, Prague, Ukraine, Vilnius, Russia, Czech Republic, Bulgaria, Sofia

☆ Record ocean temperatures lift Atlantic hurricane outlook
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

July 6 (Reuters) - Forecasters at Colorado State University for a second time raised their estimate for tropical storms during this year's Atlantic hurricane season, citing record warm sea surface temperatures. The group had last month raised its outlook to a near-normal season and number of storms. "Most of the tropical and subtropical Atlantic now has record warm sea surface temperatures," Colorado State's Tropical Meteorology and Climate Research group said in its latest update. The effect of El Nino, a weather phenomenon that suppresses Atlantic hurricane activity, this year has been offset by very hot ocean waters. "The high chance of a robust El Nino is why CSU's hurricane forecast is not for every more activity," wrote CSU researcher Phil Klotzbach.

Persons: El, Phil Klotzbach, CSU's, Gary McWilliams, Marguerita Choy, David Holmes, Conor Humphries Organizations: Colorado State University, Climate Research, CSU, El Nino, U.S . National Oceanic, Atmospheric Administration, Thomson Locations: Colorado

☆ Goldman says West needs over $25 billion investments in rare earths to match China
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

July 6 (Reuters) - Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China's supply of rare earths, as export curbs by Beijing on minor metals fuel fears that rare earths could be next. Europe and the U.S. are scrambling to wean themselves off rare earths from China, which account for 90% of global refined output. Concerns about supply were heightened this week by China's decision to impose export restrictions on two minor metals used in semiconductors and electric vehicles. The market was pushed into a surplus after China hiked its production quota for the first half of 2023 by 20%, Goldman said, cutting price forecasts for NdPr. Replicating China's 50,000 tons per annum output could cost the West anywhere between $15 billion and $30 billion, Goldman estimated.

Persons: Goldman Sachs, Goldman, Conor Humphries Organizations: Thomson Locations: Beijing, Europe, U.S, China, Bengaluru

☆ Suspected Palestinian shooter kills Israeli in West Bank
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

NEAR KDUMIM SETTLEMENT, West Bank, July 6 (Reuters) - A suspected Palestinian assailant shot and killed an Israeli near a settlement in the occupied West Bank on Thursday, Israel's ambulance service said. Israel's Army Radio said the assailant had driven to the settlement from the direction of the nearby Palestinian city Nablus. The attack followed Israel's two-day operation earlier in the week in the northern West Bank city of Jenin, about 10 kilometres away, its biggest in years. Hamas, a Palestinian militant group that controls the Gaza Strip but also has a presence in the West Bank, praised Thursday's shooting which it said was a response to Israel's Jenin operation. Violence in the West Bank has escalated over the past 15 months, with increased Israeli raids, Palestinian street attacks and settler rampages in Palestinian villages.

Persons: Israel's, rampages, Maayan Lubell, James Mackenzie, Toby Chopra, Conor Humphries Organizations: West Bank, Israel's Army Radio, Thomson Locations: KDUMIM, West, Palestinian, Nablus, West Bank, Jenin, Gaza

☆ IAEA has seen no sign of explosives at Zaporizhzhia yet, more access needed
▼ + stars: | 2023-07-05 | by ( Francois Murphy | ) www.reuters.com time to read: +2 min

Russia and Ukraine on Tuesday accused each other of plotting to stage an attack on Europe's biggest nuclear power plant, where the International Atomic Energy Agency has repeatedly warned of potential catastrophe from nearby military clashes. "The IAEA experts have requested additional access that is necessary to confirm the absence of mines or explosives," it added. loadingIt was not clear from the IAEA statement why the agency wanted access to those two reactor units' rooftops. The IAEA said it was aware of reports that mines and other explosives have been placed in and around the plant. "With military tension and activities increasing in the region where this major nuclear power plant is located, our experts must be able to verify the facts on the ground," the IAEA said.

Persons: Francois Murphy, Alex Richardson, Conor Humphries Organizations: International Atomic Energy Agency, IAEA, British Ministry of Defence, Thomson Locations: VIENNA, Russian, Ukraine, Russia

July 5 (Reuters) - Russia accused a small U.S.-based charity on Wednesday of "sabotaging" the construction of a huge gas pipeline to China and banned it as an "undesirable organisation". Jennifer Castner, director of the Altai Project, described the accusation as absurd but said it had been only a matter of time. The Russian prosecutor general's office said that while claiming to advocate nature conservation, the Altai Project was meddling in Russia's internal affairs and could damage its economic security. "The key direction of the organisation's work is sabotaging the construction of the Power of Siberia-2 gas pipeline," it said. The planned pipeline is intended to deliver 50 billion cubic metres of natural gas per year from Russia to China via Mongolia.

Persons: Jennifer Castner, general's, Castner, Mark Trevelyan, Conor Humphries Organizations: WWF, Reuters, Thomson Locations: Russia, U.S, China, Altai, Siberia, Mongolia, Moscow, Ukraine, Beijing, Greater Altai, Kazakhstan

[1/2] A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. REUTERS/Thomas Peter/File PhotoBEIJING/SHANGHAI, July 4 (Reuters) - U.S. automaker Tesla (TSLA.O) and its chief Chinese rival BYD (002594.SZ) achieved record deliveries of their China-made vehicles in the second-quarter, China Passenger Car Association (CPCA) data showed, as a fight for market share heats up. Tesla reported record deliveries of 466,140 globally for the second quarter. This was also the first time BYD's monthly sales surpassed 250,000 units and meant that between April to June, BYD delivered 700,244 vehicles, the data showed. In June, Beijing announced 520 billion yuan ($71.67 billion) worth of purchase tax breaks on new-energy vehicles through the end of 2027.

Persons: Thomas Peter, Tesla, BYD, Qiaoyi Li, Zhang Yan, Brenda Goh, Christopher Cushing, Himani Sarkar, Conor Humphries Organizations: REUTERS, U.S, China Passenger Car Association, EV, Thomson Locations: Beijing, China, BEIJING, SHANGHAI, Shanghai

☆ UN agencies 'alarmed' at scale of Jenin raid, concerned about access
▼ + stars: | 2023-07-04 | by ( Emma Farge | ) www.reuters.com time to read: +2 min

SummarySummary Companies Aid workers cite Israeli access restrictionsIsrael says gunfire exchanges create risks for medicsGENEVA, July 4 (Reuters) - U.N. aid agencies on Tuesday voiced alarm at the scale of the ongoing Israeli military operation in the West Bank town of Jenin, where 10 Palestinians have been killed, saying there were restrictions on medical access. Damage to infrastructure caused by air strikes have cut off most of the water and electricity at the camp, she added. The Red Cross said it was "extremely concerned by the alarming intensification of armed violence" in Jenin. "Israel ensures that humanitarian assistance is provided and does not apply any limitation on access for medical staff, except in places where the lives of medical staff is at risk due to exchanges of fire," its diplomatic mission in Geneva said in a statement to Reuters. Reporting by Emma Farge; Editing by Matthias Williams, Rachel More and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Vanessa Huguenin, Christian Lindmeier, Israel, Emma Farge, Matthias Williams, Rachel More, Conor Humphries Organizations: GENEVA, West Bank, Palestinian, World Health Organization, MSF, Medical, Thomson Locations: Israel, West, Jenin, Geneva

BEIJING, July 4 - China has cancelled a trip by European Union foreign policy chief Josep Borrell scheduled for next week, an EU spokesperson said on Tuesday. "We want to engage with China but we need progress and we need it this year," Toledo said. In a prepared speech for delivery in Beijing in April, Borrell had said that EU cannot trust China if it does not seek peace in Ukraine. China has said it wants to broker a peace in Ukraine but its position paper released in February was met with lukewarm responses by both Russia and Ukraine. EU climate chief Frans Timmermans, who is in Beijing this week for environment talks, also failed to visit China in April because he caught COVID-19.

Persons: Josep Borrell, Nabila Massrali, Borrell, Jorge Toledo, Toledo, Frans Timmermans, COVID, Yew Lun Tian, Martin Quin Pollard, Conor Humphries, David Holmes Organizations: European Union, Reuters, Sunday, EU, Thomson Locations: BEIJING, China, Europe, Brussels, Beijing, Ukraine, Russia, EU

☆ Credit Suisse investor group joins claim seeking better UBS takeover price
▼ + stars: | 2023-07-04 | by ( John Revill | ) www.reuters.com time to read: +3 min

ZURICH, July 4 (Reuters) - A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS (UBSG.S) for its takeover of its cross-town rival, it said on Tuesday. Under the deal, sealed last month, Credit Suisse shareholders were offered one UBS share for 22.48 Credit Suisse shares, valuing the stricken bank at 3 billion Swiss francs ($3.35 billion). Just 48 hours before deal was struck, Credit Suisse was worth 7 billion francs, Ethos said. If successful, all Credit Suisse shareholders would benefit from the new exchange ratio, it said. Ethos has previously raised concerns about how the acquisition of Credit Suisse by UBS was carried out, particularly that the deal was forced through without consulting shareholders.

Persons: Vincent Kaufmann, LegalPass, FINMA, Kaufmann, Alexandre Osti, John Revill, Conor Humphries Organizations: Credit Suisse, UBS, Ethos Foundation, Credit, Suisse, Thomson Locations: ZURICH, Swiss, Lausanne, Zurich, LegalPass

☆ Israel signals Jenin raid close to completion, 10 Palestinians dead
▼ + stars: | 2023-07-04 | by ( Ali Sawafta | ) www.reuters.com time to read: +4 min

A Palestinian wounded during the house-to-house clashes died overnight and another body was found in the morning, bringing the death toll to 10, with around 100 wounded, 20 of them critically, the Palestinian health ministry said. It was not immediately clear if the other five fatalities - males aged 17 to 23 - were combatants or civilians. The Israeli military said it had confirmation of nine Palestinians killed by its forces. [1/4]Debris lines a street amid an Israeli military operation, in Jenin, in the Israeli-occupied West Bank July 4, 2023. The United States said on Monday it respected Israel's right to defend itself but said civilian casualties should be avoided.

Persons: Israel, Benjamin Netanyahu, Tzachi Hanebi, Kan, Daniel Hagari, Mohamad Torokman, Mahmoud Abbas, Fatah, James Mackenzie, Raju Gopalakrishnan, Conor Humphries Organizations: West Bank, West, Islamic, National Security, Bank, REUTERS, Palestinian, United, United Nations, Thomson Locations: JENIN, West, Israel, West Bank, Jenin's, Jenin, United States, Islamic Jihad

☆ Curb use of dollar Libor alternatives to Fed rate, says watchdog
▼ + stars: | 2023-07-03 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, July 3 (Reuters) - The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need restrictions to avoid threatening financial stability, a global securities watchdog said on Monday. The final dollar-denominated London Interbank Offered Rate or Libor was published last Friday. Several so-called credit sensitive rates (CSRs) and term SOFR rates are being offered as alternatives to SOFR, which has no forward 'terms' or credit component, though volume in them has been low. SOFR term rates also fell short of IOSCO standards given they rely on the continued existence of a deep and liquid derivatives market, IOSCO said. "Administrators should consider licensing restrictions for use of CSRs and Term SOFR rates within certain products or by certain user groups," IOSCO said.

Persons: Libor, IOSCO, Huw Jones, Conor Humphries Organizations: U.S . Securities, Exchange Commission, London, Federal Reserve, Regulators, Thomson

The pan-European STOXX 600 index (.STOXX) dipped 0.2%, reversing gains of some 0.4%, to kick off the first day of the second half of the year on the back foot. The broader healthcare index (.SXDP) fell 2.0%, leading falls among sectors. The moves helped Italy's financials-heavy benchmark FTSE MIB (.FTMIB) climb 0.8%, a bright spot among other bourses in the region. The broader STOXX 600 had gained 8.7% in the first half of the year, largely due to strong gains early into 2023. "A muted atmosphere prevails across stock markets this afternoon," said Chris Beauchamp, chief market analyst at online trading platform IG.

Persons: Assicurazioni, Delfin, Italy's, Chris Beauchamp, Amruta Khandekar, Shreyashi Sanyal, Matteo Allievi, Nivedita Bhattacharjee, Janane Venkatraman, Conor Humphries Organizations: Miners, AstraZeneca, Generali, British, MIB, European Central Bank, Thomson Locations: China, Bengaluru, Gdansk

☆ Kentucky mandates Tesla's charging plug for state-backed charging stations
▼ + stars: | 2023-07-03 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +2 min

San Francisco, July 3 (Reuters) - Kentucky is requiring that electric vehicle charging companies include Tesla's plug if they want to be part of a state program to electrify highways using federal dollars, according to documents reviewed by Reuters. Kentucky's plan went into effect on Friday, making it the first state to mandate Tesla's charging technology, although Texas and Washington states previously shared such plans with Reuters. In addition to federal requirements for the rival Combined Charging System (CCS), Kentucky mandates Tesla's plug, called the North American Charging Standard (NACS), at charging stations, according to Kentucky's request for proposal (RFP) for the state's EV charging program on Friday. Each port shall also be capable of connecting to and charging vehicles equipped with charging ports compliant with the North American Charging Standard (NACS)," the documents say. It added that the rule allows charging stations to have other connectors, as long as they support CCS, a national standard.

Persons: Kentucky's, Tesla, Hyunjoo Jin, Mark Porter, Leslie Adler, Conor Humphries Organizations: Reuters, American, EV, SAE CCS, Ford, Texas Transportation Commission, U.S . Department of Transportation, CCS, Electric Vehicle Infrastructure, Thomson Locations: San Francisco, Kentucky, Texas, Washington, United States

☆ Mozambique "tuna bond" case against Credit Suisse can proceed, UK judge rules
▼ + stars: | 2023-07-03 | by ( Kirstin Ridley | ) www.reuters.com time to read: +3 min

But he warned: "At trial, all alternatives, including to strike out and in whole or in part, remain available." Credit Suisse, UAE-Lebanese Privinvest and others argued that a lack of "adequate" disclosure jeopardised a fair trial. Under English litigation rules, each party has to disclose documents on which they rely for their case, those that might damage their own case and those that support the case of others. A spokesperson for Credit Suisse said the bank noted the judgment and "continues to defend itself". Credit Suisse agreed to pay about $475 million to British and U.S. authorities in 2021 to resolve bribery and fraud charges and has pledged to forgive $200 million of debt owed by Mozambique.

Persons: Robin Knowles, SISE, Privinvest, Kirstin Ridley, Rachel Savage, Sam Tobin, Conor Humphries Organizations: Credit Suisse, Privinvest, International Monetary Fund, Mozambican, UBS, Lawyers, Thomson Locations: London, Mozambican, Mozambique, UAE, Lebanese, Swiss, U.S, United States

Cboe on Friday refilled an application with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund by asset manager Fidelity. In that filing it named Coinbase as the crypto platform that would help the exchange police manipulation in the ETF. The SEC had also raised the same concerns with Nasdaq (NDAQ.O) over a similar recent filing for a spot bitcoin ETF from BlackRock (BLK.N), the person said. The SEC has rejected dozens of spot bitcoin ETF applications in recent years, saying they did not meet the standards designed to prevent fraudulent and manipulative practices and protect investors. Bitcoin , the world's largest cryptocurrency, jumped to a more than one-year high last month after BlackRock (BLK.N) and Fidelity filed to launch bitcoin ETFs.

Persons: Cboe, Bitcoin, Coinbase, Chibuike Oguh, Michelle Price, Conor Humphries Organizations: YORK, U.S . Securities, Exchange Commission, SEC, Fidelity, Reuters, Nasdaq, BlackRock, Thomson Locations: U.S, BlackRock, New York

The pan-European STOXX 600 index (.STOXX) closed 0.1% higher. That made Spain the first among the euro zone's large economies to have inflation fall below 2%. This followed hawkish comments from U.S. and European central bank policymakers at a European Central Bank meet-up in Sintra on Wednesday, where the underlying theme was that rates are likely to stay higher for longer. Adding to recent hawkish messages from central banks globally, Sweden's central bank raised its policy rate by a quarter percentage point as expected and forecast at least one more rate hike this year. The stock was the top gainer on France's blue-chip index (.FCHI), which rose 0.4% and also helped the automaker sub-index (.SXAP) climb 1.3%.

Persons: Germany's DAX, year's, Claus Vistesen, Daniela Hathorn, Amruta Khandekar, Matteo Allievi, Sherry Jacob, Phillips, Rashmi Aich, Conor Humphries Organizations: Pantheon, U.S . Federal Reserve, European Central Bank, Capital.com, Renault, Belgian, Severn Trent, Thames, Semiconductor, Citigroup, Thomson Locations: Spain, Sintra, Severn, Bengaluru, Gdansk

☆ German inflation bucks downward trend in June with higher-than-expected rise
▼ + stars: | 2023-06-29 | by ( Maria Martinez | Thomson Reuters | Maria Martinez Is A Reuters Correspondent In Berlin Covering German Economics | ) www.reuters.com time to read: +3 min

French and euro zone inflation data is due on Friday. Economists polled by Reuters expect euro zone inflation to fall to 5.6% in June from 6.1% in May. "The June figures in Germany only interrupt the downward trend in the inflation rate and do not mark its end," said Ralph Solveen, senior economist at Commerzbank. Non-harmonized consumer prices rose 6.4% in June year-on-year, following a 6.1% rise in the previous month. The year-on-year rebound in German inflation midway through the second quarter is almost exclusively due to base effects from last year's temporarily-reduced rail fare, said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics.

Persons: Analysts, Ralph Solveen, year's, Claus Vistesen, Carsten Brzeski, Commerzbank's Solveen, Brzeski, Maria Martinez, Friederike Heine, Miranda Murray, Angus MacSwan, Conor Humphries Organizations: Union, Reuters, Commerzbank, Pantheon, European Central Bank, ING, Economists, ECB, Thomson Locations: BERLIN, Spain, Italy, Germany

☆ Ready, try to stay steady, go! Men in high heels race at Madrid Pride
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

[1/4] Contestants take part in the annual race on high heels during Pride celebrations in the quarter of Chueca in Madrid, Spain, June 29, 2023. REUTERS/Juan MedinaMADRID, June 29 (Reuters) - Dozens of people sporting high heels, most of them men, raced down a cobbled street in the centre of the Spanish capital on Thursday as part of Madrid Pride, one of the world's largest LGBT celebrations. It was the 24th edition of the annual race in Chueca, a gay-friendly neighbourhood, which draws competitors from abroad and is one of the most eagerly awaited parts of the festival of the LGBT community. Heels must be at least 10 cm (4 inches) high, and the shoes are measured before the race. Madrid Pride will culminate in a parade in the city centre on Saturday.

Persons: Juan Medina MADRID, Silvio Catellanos, Marco Trujillo, Andrei Khalip, Conor Humphries Organizations: REUTERS, Thomson Locations: Chueca, Madrid, Spain

☆ Brazil electoral court close to ending Bolsonaro's political career
▼ + stars: | 2023-06-29 | by ( Ricardo Brito | ) www.reuters.com time to read: +3 min

So far three judges have voted to convict the far-right nationalist for abuse of political power and misuse of the media, while one has not. The TSE trial is part of a broader reckoning in Brazil with the fallout from the country's most painful election in a generation. While the former president faces electoral court scrutiny, many of his one-time allies are being questioned by lawmakers in a congressional probe into the Jan. 8 riots. Bolsonaro's best hope at future relevance may lie with his family, including his wife and lawmaker sons, who could also harbor their own presidential ambitions. He told the Folha de S. Paulo that his wife Michelle could well be a presidential candidate in 2026, but said she lacked political experience.

Persons: Jair Bolsonaro, Luiz Inacio Lula da Silva, Donald Trump, Bolsonaro, Brazil's, Tarcisio Freitas, Romeu Zema, Paulo, Michelle, Ricardo Brito, Steven Grattan, Gabriel Stargardter, Angus MacSwan, Conor Humphries Organizations: Brasilia, TSE, Folha, Paulo, Sao Paulo, Thomson Locations: BRASILIA, Brasilia, Brazil, Rio de Janeiro, Minas Gerais

☆ Italian police blame couple from England for Colosseum graffiti
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] A general view of the Colosseum, in Rome, Italy May 30, 2023. REUTERS/Remo Casilli/File PhotoROME, June 29 (Reuters) - Italian police have identified a couple from England as the likely culprits after graffiti was scribbled on a wall at the Colosseum in Rome last week, prompting widespread anger. Italy's Carabinieri police said they had been helped to identify the couple by photographic evidence but did not name them. A police source said the man had been placed under formal investigation but the couple had left the country before the authorities could catch up with them. "This act was offensive to everyone around the world who appreciates the value of archaeology, monuments and history," said Italian Culture Minister Gennaro Sangiuliano.

Persons: Remo Casilli, Ivan, Hayley, Gennaro Sangiuliano, Emilio Parodi, Keith Weir, Conor Humphries Organizations: REUTERS, Thomson Locations: Rome, Italy, England, Italian

REUTERS/Dado Ruvic/Illustration/File PhotoJune 29 (Reuters) - Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. Inflection released its chatbot Pi last month. Pi uses generative AI technology, similar to ChatGPT, to interact with users through dialogues, allowing people to ask questions and share feedback. Palo Alto, California-based Inflection AI has about 35 employees. Nvidia (NVDA.O), which has stepped up its AI investments recently, Hoffman, Bill Gates and former Google CEO Eric Schmidt also participated in the latest round, Inflection said.

Persons: Dado Ruvic, Google DeepMind, Mustafa Suleyman, Reid Hoffman, Pi, Suleyman, OpenAI, Hoffman, Bill Gates, Eric Schmidt, Niket, Krystal Hu, Vinay Dwivedi, Conor Humphries Organizations: REUTERS, Microsoft, Nvidia, Google, LinkedIn, Collision, Thomson Locations: Alto , California, Greylock, Bengaluru, Toronto

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