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But supporters of the Palestinians say they feel blocked from publicly expressing support or concern for people in the Hamas-controlled enclave of Gaza without risking arrest, their jobs or immigration status. French Interior Minister Gerald Darmanin clamped a nationwide ban on pro-Palestinian protests last week, citing the risk of public disorder. In Germany, Berlin police have approved two requests for pro-Palestine protests since the initial Hamas attacks, a police spokesperson said. Even before the Hamas attack on Israel, Germany was restricting pro-Palestinian demonstrations, with Berlin authorities banning several on public safety grounds. On Wednesday, in response to an appeal against Darmanin's instructions, a court said local authorities should ban protests on a case by case basis.
Persons: Kai Pfaffenbach, Messika Medjoub, Gerald Darmanin, Olaf Scholz, Darmanin, doesn't, Benjamin Ward, Germany we're, Saleh Said, Felix Klein, Hortense La Chance, Riham Alkousaa, Thomas Escritt, Layli, Kate Holton, Angus MacSwan Organizations: Police, Hamas, REUTERS, Paris, Palestine, EU, Human Rights Watch, Reuters, Amnesty, Thomson Locations: Israel, Frankfurt, Germany, France, BERLIN, PARIS, Gaza, Paris, Berlin, Hungary, Austria, Europe, FRANCE, Palestine, London
Fontes’s office told the group last month that it is obligated to accept filings from candidates even if party leaders reject them. No Labels has drawn extra scrutiny in Arizona, one of a dozen states where it has secured ballot access for a potential presidential candidate. By refusing to nominate candidates for state offices, No Labels argues it is not subject to Arizona’s campaign finance disclosure laws. The party argues state law allows political parties to participate only in elections that they choose and the U.S. Constitution protects the party’s right to freely associate or not associate with candidates. Candidates have filed statements of interest to run for U.S. Senate and Arizona Corporation Commission, the state’s utility regulator.
Persons: Adrian Fontes, who's, Joe Biden, Biden, they're, , Benjamin Chavis Jr, Colleen Connor, Richard Grayson, Donald Trump Organizations: PHOENIX, Democratic, Constitution, NAACP, Fontes, Democrat, U.S . Senate, Arizona Corporation Commission, Corporation Locations: Arizona, Phoenix, U.S
A 7.5-foot-tall statue of a man clutching his penis with both hands was uncovered in an ancient site. AdvertisementAdvertisementArchaeologists have uncovered an 11,000-year-old statue of a man clutching his penis — a discovery that could shed new light on a mysterious Neolithic culture. The Urfa man, a 6.2-foot-tall statue of a man seeming to protect his erect penis with both hands, was notably found nearby. Urfa man, also known as the Balikligol statue, is shown in at Archeology Museum in Sanliurfa on February 22, 2023. AdvertisementAdvertisementThe statue guards its mysterious meaningIt's not clear what the statue was meant to represent and how it fits within this mysterious Neolithic culture.
Persons: , OZAN KOSE, Necmi Karul, Karahan, Gobekli, Esber, Sean Thomas, Thomas, Karul, Benjamin Arbuckle, Klaus Schmidt, Schmidt, Lee Clare, Clare, Ted Banning, Banning, Arbuckle Organizations: Service, Getty, Istanbul University, Agence France Presse, UNESCO, Archeology Museum, Anadolu Agency, The Spectator, AFP, University of North, Chapel, Smithsonian Magazine, Archaeological Institute, BBC, University of Toronto Locations: Karahan Tepe, Turkey, Karahantepe, Sanliurfa, AFP, Syria, Turkiye, Asia, University of North Carolina, Gobekli Tepe, Karahan, Gobekli
REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting markets and analysts to trim bets for another interest rate hike next week. Analysts polled by Reuters had forecast inflation to hold steady at the 4.0% rate recorded in August. Two of the Bank of Canada's (BoC's) three core measures of underlying inflation also decelerated. Money markets trimmed bets for a rate hike next week after the data. "There's no need for further rate hikes in Canada," Reitzes said.
Persons: Carlos Osorio, Jules Boudreau, stoking, Benjamin Reitzes, Reitzes, Statscan, Derek Holt, Macklem, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajagopal, Jonathan Oatis, Nick Zieminski Organizations: REUTERS, Rights OTTAWA, Reuters, Statistics, Mackenzie Investments, Bank of Canada's, Bank of Canada, BoC, BMO Capital Markets, Scotiabank . Bank of Canada, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa, Toronto
But bitcoin fell sharply after a Fox Business reporter said on the social media platform X that BlackRock denied the report. loadingBlackRock later confirmed to Reuters that "the iShares Bitcoin ETP application is still under review by the SEC." "Crypto markets have just shown how sensitive they are to any potential good news, with their premature rally today on rumors of the approval of a spot bitcoin ETF," said Ben Laidler, global markets strategist at eToro. Crypto markets have been awaiting news on several pending spot bitcoin ETF applications, which, if approved, are widely expected to drive investment in the sector. The SEC has denied all spot bitcoin ETF applications on the grounds applicants have not shown they can protect investors from market manipulation.
Persons: Dado Ruvic, bitcoin, Ben Laidler, Joseph Edwards, Lucas Kiely, Tom Wilson, Elizabeth Howcroft, Hannah Lang, Suzanne McGee, Tommy Reggiori Wilkes, Sharon Singleton, Josie Kao Organizations: REUTERS, BlackRock, U.S . Securities, Exchange Commission, Fox Business, Reuters, SEC, Securities, Columbia, Thomson Locations: WASHINGTON, London, Washington
The opposition considers the bans unlawful, and Washington has rejected any roadblocks to opposition candidates' race to the presidency. The agreement to be signed on Tuesday would lift all public office bans, one opposition source told Reuters, but its wording is too vague to inspire confidence that Maduro will honor the deal. Four other opposition sources agreed, with one saying the deal was largely negotiated by the United States. "We all have our doubts, but we're exhausting our options," said another opposition source. The U.S., which is expected to loosen some sanctions in recognition of the government-opposition deal, will act only once the deal has been signed, sources told Reuters on Monday.
Persons: Nicolas Maduro, Venezuela Milton Rengifo, Leonardo Fernandez Viloria, Maria Corina Machado, There's, Maduro, What's, Benigno Alarcon, Andres, Alarcon, it's, Marianna Parraga, Mayela, Deisy Buitrago, Julia Symmes Cobb, David Gregorio Our Organizations: REUTERS, Rights, Reuters, Maduro's, United, Andres Bello Catholic University, Mayela Armas, Thomson Locations: Venezuela, Miraflores, Caracas, Rights CARACAS, HOUSTON, Barbados, Washington, United States, U.S, Doha, Houston
Oil prices leapt nearly 6% on Friday, as investors priced in the possibility of a wider Middle East conflict. The first indicator of reaction to weekend developments will likely come when oil starts trading in Asia later on Sunday. Reuters Graphics"I have no clue whether markets will remain relatively well behaved," said Erik Nielsen, group chief economics advisor at UniCredit. The war between the Islamist group Hamas and Israel poses one of the most significant geopolitical risks to oil markets since Russia's invasion of Ukraine last year. Rising oil prices are unlikely to have a significant impact on U.S. gas prices or consumer spending, analysts noted.
Persons: Violeta Santos Moura, Ben Cahill, Erik Nielsen, Bernard Baumohl, Baumohl, it's, Nomura, George Moran, Matt Tracy, Dhara, Megan Davies, Muralikumar, Emelia Organizations: REUTERS, Rights, Hamas, Energy Security, Center for Strategic, International Studies, Reuters, U.S, Economic Outlook Group, European Central Bank, Chevron, Thomson Locations: Gaza, Kibbutz Beeri, Israel, Palestinian, Asia, UniCredit, Princeton , New Jersey, United States, Europe, Ukraine, Egypt, Washington, London
Israeli tanks are seen in the aftermath of a mass infiltration by Hamas gunmen from the Gaza Strip, in Kibbutz Beeri in southern Israel, October 14, 2023. Israel was preparing on Saturday to launch a ground assault in the Hamas-controlled Gaza Strip, after telling Palestinians living in the territory to flee south. "If it looks like a broadening conflict, oil prices will rise further," said Michael Englund, chief economist at Action Economics LLC in Boulder, Colorado. "The bigger risk to the oil market is that this conflict draws in neighboring countries," said CSIS' Cahill. Rising oil prices are unlikely to have a significant impact on U.S. gas prices or consumer spending, analysts noted.
Persons: Violeta Santos Moura, Ben Cahill, Michael Englund, Bernard Baumohl, Baumohl, Cahill, " Englund, Matt Tracy, Megan Davies, Muralikumar Organizations: REUTERS, Rights, Israeli, Lebanese, Energy Security, Center for Strategic, International Studies, U.S, Economics, Economic Outlook Group, Chevron, Thomson Locations: Gaza, Kibbutz Beeri, Israel, safehavens, Boulder , Colorado, Princeton , New Jersey, U.S, Egypt
The Psyche mission lifted off at 10:19 a.m. The Psyche mission lifted off Friday morning. “This will be our first time visiting a world that has a metal surface. The Psyche spacecraft will arrive at Mars in May 2026 and use the planet’s gravity to effectively slingshot its trajectory to Psyche. Psyche may have little metal spikes, spires and even tiny pieces that resemble a type of metal sand within the crater, said Elkins-Tanton.
Persons: NASA’s, Chandan Khanna, David Oh, , Lindy Elkins, Tanton, ” Elkins, , Joe Skipper, Henry Stone, Oh, Elkins, Ben Weiss, Psyche, Weiss, It’s, “ It’s Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Falcon, Getty, Jet Propulsion Laboratory, Arizona State University’s School of Earth, Exploration, JPL, Caltech, ASU Scientists, Hubble, Reuters, Cape Canaveral Space Force, Mars, Optical Communications, Massachusetts Institute of Technology Locations: Florida, Pasadena , California, Massachusetts, Cape Cod, California, Elkins, Tanton
Exercise or medication: Which is best for depression?
  + stars: | 2023-10-12 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +7 min
What the research showsWhich treatment option works best partly depends on personal perceptions or preferences, including a person’s motivation to exercise or concern about potential side effects of a medication, experts said. For people with severe depression, exercise alone typically isn’t enough. Some experts also wonder which exercise is best for patients who benefit most from such physical activity, Schuch said. While exercise and medication are both viable options, it’s important to note that “none will work for all patients,” Schuch said. If you’re thinking of trying to alleviate depression with fitness, know “the time it takes for someone to experience relief from depression through exercise can vary widely,” Choi said.
Persons: , Brenda Penninx, Karmel Choi, Choi wasn’t, ” Choi, Felipe Barreto Schuch, Schuch wasn’t, Schuch, Ben Singh, wasn’t, Parco Siu, ” Singh, , ” Schuch Organizations: CNN, European College of, Disorders, Vrije University, Harvard Medical School, Federal University of Santa, University of South, University of Hong Locations: Amsterdam, Netherlands, Boston, Federal University of Santa Maria, Brazil, University of South Australia, University of Hong Kong
If the Fed's holdings of long-dated securities were shrinking like other parts of the curve, or even at all, more of these bonds would be available to the wider market. Wang recognizes that if the Fed held fewer longer-dated securities these yields might be even higher, but also points out that the Fed's holdings are largely determined by what Treasury issues. All told, the Fed's 'QT 2' is almost twice the pace of QT 1. Reuters Image Acquire Licensing RightsSince the Fed started QT 2, its total holdings of Treasury bills and bonds have fallen to $4.93 trillion from $5.77 trillion. The average profile of Fed-held Treasury debt is longer than total outstanding Treasury debt, and getting longer.
Persons: Sukree, Benson Durham, Piper Sandler, Joseph Wang, Wang, Pierre, Olivier Gourinchas, Neel Kashkari, Jamie McGeever, Andrea Ricci Organizations: Rights, Fed, Treasury, Reuters, Monetary, Minneapolis, Thomson Locations: Kasikornbank, Bangkok, Rights ORLANDO , Florida, Durham
1 Permian shale producer Pioneer Natural Resources (PXD.N) could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. Consolidation, steep cost inflation and investor demands for returns have shrunk production growth this year in the Permian shale formation in West Texas and eastern New Mexico. U.S. oil producers are pumping more oil, but the pace of growth has slowed due to lower drilling activity. Overall, oil companies have cut 36 active drilling rigs in the Permian in the last year, a 10% drop. Recent shale consolidation, including Civitas Resources (CIVI.N) and Callon Petroleum-Percussion (CPE.N), also led to reductions in the combined companies' active drilling rigs.
Persons: Exxon Mobil's, they've, Ajay Bakshani, Darren Woods, Ben Crook, East Daley's Bakshani, Webster, Robert Webster, Arathy Somasekhar, Arunima Kumar, Marguerita Choy Organizations: U.S, Exxon, Natural Resources, Reuters, Daley Analytics, Civitas Resources, Callon Petroleum, roughnecks, Hennessy Energy, Fund, Targa Resources, Energy, East, Plains, Oil, Thomson Locations: West Texas, New Mexico, Houston, Bengaluru
On Sunday, U.S. air carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights following the FAA's caution advisories. Britain's easyJet (EZJ.L) halted flights to Tel Aviv on Sunday and Monday, and said it would adjust the timings of flights over the next few days. Lufthansa (LHAG.DE) group, also among the airlines most exposed to Israel according to Goodbody, cancelled flights to and from Tel Aviv through Monday. Portugal's TAP suspended flights up until Monday and offered refunds or rescheduling at no additional cost. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, and other airlines flying from Hong Kong and South Korea, cancelled flights between Tel Aviv and Shanghai on Monday.
Persons: Benjamin Netanyahu, Amir Cohen, Finland's, Britain's, Goodbody, Virgin Atlantic, IAG, Ben, Ben Gurion, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Tim Hepher, Ilona Wissenbach, Sergio Goncalves, Anna Ringstrom, Sarah Young, Joanna Plucinska, Clarence Fernandez, Bernadette Baum Organizations: Israeli, Ben Gurion International, REUTERS, El Al, Fighters, Tourism, Regulators, Federal Aviation Administration, European Union Aviation Safety Agency, Sunday, United Airlines, Delta Air Lines, American Airlines, Delta, Air, Wizz, Lufthansa, Portugal's TAP, Virgin, East . British Airways, Ryanair, flyDubai, Hainan Airlines, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, Israel's, United States, U.S, New York, Chicago, Washington, DC, Miami, United, Europe, Air France, Hungarian, East, Ben Gurion, China, Hong Kong, South Korea, Shanghai, Beijing, Shenzhen, Lisbon, Stockholm, London
"There's been very little marking down of (private) assets," said Con Keating, head of research at Brighton Rock Group, an insurance company for pension schemes. "No-one knows where the next big blow-up for pensions will come from," said Henry Tapper, founder of pension market analysis group AgeWage. He said heavy selling of commercial property and private equity stakes by pension schemes is raising questions over private capital valuations. "It's the right approach to obviously put some scrutiny on private market valuations." But in deals where private equity firms and investors buy and sell portfolios of investments, assets are being valued at less.
Persons: Yann Tessier, Con Keating, Henry Tapper, EY's, Paul Kitson, Burgiss, Ben Leach, Willis Towers Watson, IOSCO, Wilfred Small, Sinead Cruise, John O'Donnell, Kirsten Donovan Organizations: City of, REUTERS, Britain's, Authority, Brighton Rock Group, Reuters, Numis Securities, Thomson Locations: City, City of London, Canary, London, Britain, Germany, Sweden
That means it may be a good time to consider a home backup power storage system. Fossil fuel vs. battery power If you're not opposed to fossil fuel-powered options, there are several categories to consider based on your power needs. EVs as a backup power option for the home Some electrical vehicles can be used to back up essential items, or, in some cases, a whole home. "If you're contemplating spending $10,000 on a whole home gas generator system, why not think about an EV with this capability instead?" Some states provide additional solar battery incentives.
Persons: Ian Thomas Jansen, Lonnquist, Benjamin R, Dierker, Vikram Aggarwal, EnergySage, it's, Aggarwal, EVs, Ford's, Jim Farley, Stephen Pantano, Pantano, Sarah Delisle, Ted Tiffany, Tiffany Organizations: Motors Inc, Bloomberg, Getty, Alliance for Innovation, National Centers for Environmental, Consumers, GM, Ford, Swell Energy, Decarbonization Coalition, of Energy, Homeowners, Energy Department Locations: United States, California , Texas, Louisiana, California, California , Vermont , Massachusetts, New York, America
Donald Trump's lawyers went after accountant Donald Bender in court on Thursday. Donald Trump's lawyers tried to put the mental health of his former accountant Donald Bender on trial Thursday as part of an effort to undermine the New York attorney general's fraud lawsuit against them. And one of Trump's lawyers, Jesus Suarez, zoomed in on a disclaimer in a document that Mazars had given to authorities. But Cliff Robert, an attorney for Donald Trump's sons Eric and Donald Jr., challenged Bender's recollection of his interactions with Jeff McConney, a longtime Trump Organization accountant. Bender is no stranger to the witness stand, having previously testified at the criminal trial of the Trump Organization in 2022.
Persons: Donald Trump's, Donald Bender, Bender, didn't, , Donald Trump, Jesus Suarez, Mazars, Suarez, Trump, Cliff Robert, Eric, Donald Jr, Jeff McConney, McConney, Robert, Justice Arthur Elgoron, Bill Clinton, Letitia James Organizations: Service, New, Trump Organization, longtime Trump Organization, Trump Locations: New York
The pickle-wardrobe mania is emblematic of what sets TikTok Shop apart from e-commerce competitors like Shopify and Amazon. Just like TikTok's non-shopping content, TikTok Shop is built around viral videos, be it a surge in viewer interest in pickle-jar sweatshirts or a mad rush to buy freeze-dried Skittles . For UK sellers, chasing virality still seems to be the defining characteristic of the TikTok Shop experience. Jessica Slone runs TikTok shop Bad Addiction Boutique, which has sold tens of thousands of pickle-jar sweatshirts. "TikTok Shop is kind of this roller coaster, and right now it's on this amazing uphill journey.
Persons: TikTok, Dill, Frank Bloomer, Ashley Martinez, Michael Herling, I'm, it's, Herling, Jessica Slone, Slone, TikTok's, Lindzi Shanks, Shanks, TikTok doesn't, Virality, Laura Ritchey, Sellers, Julia Cote, hadn't, influencers, they'd, Ben Muir, virality, Hira Tariq, who's, Candy, there'll, It's, Boutique's Slone Organizations: US, TikTok Shop, Shipping Locations: Grillo's, West Texas
At the center of the storm is the 10-year Treasury yield , one of the most influential numbers in finance. The relentless rise in borrowing costs has blown past forecasters' predictions and has Wall Street casting about for explanations. Companies that can only issue debt in the high-yield market, which includes many retail employers, will confront sharply higher borrowing costs. Higher rates squeeze the housing industry and push commercial real estate closer to default. "So if banks haven't fixed their issues since then, the problem is only worse, because rates are only higher."
Persons: Jerome Powell, SAUL LOEB, Bob Michele, Ben Emons, Treasurys, Benjamin Dunn, Lindsay Rosner, Peter Boockvar, Rosner Organizations: Federal Reserve, Washington , D.C, Getty, ., Treasury, Fed, JPMorgan, NewEdge, Bloomberg, Alpha Theory Advisors, Goldman, Companies, Bleakley Financial, Valley Bank, First Locations: Washington ,, U.S, Goldman Sachs, First Republic
Cheap drones rigged with explosives have become the "main" anti-tank weapon for Ukraine, an officer said. Ukrainian Senior Lt. Yuri Filatov told The Washington Post the drones have been destroying Russian tanks. AdvertisementAdvertisementCheap drones rigged with explosive devices have become extremely prominent and have emerged as the leading anti-tank weapon for the Ukrainian military in Russia's war against it. "We're seeing FPV drones strike a very precise spot, which before was really the domain of very expensive, high precision guided weapons. "You almost never know where an FPV drone is coming from," said Bendett.
Persons: Yuri Filatov, , Filatov, They're, Samuel Bendett, Swift, Mykhailo Fedorov Organizations: Washington Post, Service, Washington, Russian, Assault Brigade, Center for Naval, Post, Ukraine, Ukraine's, Digital, Associated Press Locations: Ukraine, Ukrainian, Senior, Ukraine's, Moscow, Russia
REUTERS/David 'Dee' Delgado/ Acquire Licensing RightsOct 3 (Reuters) - The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks. BITCOIN BLUESBitcoin, by far the biggest cryptocurrency and the chief barometer for crypto market sentiment, has bounced back about 37% since Nov. 1. Reuters Image Acquire Licensing RightsCRUMBLING MARKET CAPAfter peaking at $3 trillion in November 2021, the value of the overall crypto market plummeted through 2022, hitting a two-year low of $796 billion as FTX imploded. Yet the relative calm in crypto markets is not necessarily a good thing, said some market participants, noting that many investors are attracted to crypto precisely because of its volatility, which offers opportunities to make quick profits. Reuters GraphicsVC CRYPTO BETS TUMBLEVenture capital (VC) investments flooded into crypto during its boom year of 2021, and even through 2022.
Persons: Damian Williams, Samuel Bankman, David, Dee, Delgado, Sam Bankman, FTX, cryptocurrencies, Bitcoin, bitcoin, Ben Laidler, Usman Ahmad, Anders Kvamme Jensen, Robert Le, CCData, Noelle Acheson, Hannah Lang, Elizabeth Howcroft, Tom Wilson, Michelle Price, Andrea Ricci Organizations: REUTERS, Capital, Silvergate Bank, BlackRock, Reuters, Zodia, Chartered, Reuters Graphics, U.S, Venture, Thomson Locations: New York City, U.S, New York, Singapore, London, Washington
United Nations CNN —Asked last week if she will run to become the United Nations’ next Secretary General, Prime Minister Mia Mottley of Barbados gave a thumbs up, smiled, and walked away. Fighting for a woman at the helmThe UN’s next Secretary General would take office in January 2027. “There’s always lots of men that want to run,” said Ben Donaldson, head of campaigns at the United Nations Association of the United Kingdom. “It’s not so much about talking about a Julie or Anne, or Mary, it is more about talking about a Madame Secretary General as a general proposition, and then making sure that we pave the way to get there,” she said. “I believe that men should run next time around as I believe women should run in their numbers,” he said.
Persons: United Nations CNN —, Mia Mottley, Mottley, Juan Manuel Santos –, , Santos, Rafael Grossi, António Guterres, Alicia Bárcena, Rebeca, Maria Fernanda Espinosa Garcés, , Ralph Gonsalves, Saint Vincent, , Guterres, Obama, Richard Gowan, ” Elina Valtonen, ” Valtonen, it’s, Ben Donaldson, “ I’m, Susana Malcorra, It’s, Julie, Anne, Mary, Dennis Francis, doesn’t, ” Julia Maciel Organizations: United Nations CNN, United Nations ’, UN, United Nations, International Atomic Energy Agency, Assembly, CNN, International Monetary Fund, General, Chevron, European Union, Bridgetown Initiative, IMF, World Bank, Crisis, UN Security Council, Security Council, Security, United Nations Association of, Global, Madame Locations: Barbados, America, Caribbean, New York, Colombian, Costa Rica, Ecuador, Grenadines, Venezuela, Bridgetown, COP28, New York City, UN, Portuguese, United Kingdom, Trinidad and Tobago, Ukraine, Paraguay
Wind power industry drifts off course
  + stars: | 2023-09-28 | by ( Nina Chestney | Thomson Reuters | Oversees | ) www.reuters.com   time to read: +8 min
We are growing but nowhere near fast enough," said Ben Blackwell, CEO of the Global Wind Energy Council. In June, Siemens Gamesa said quality problems at its two most recent onshore wind turbines would cost 1.6 billion euros ($1.7 billion) to fix. "The ratio between risk and reward is out of line in the offshore wind market in many jurisdictions. You can see this from investors not showing up," the Global Wind Energy Council's Blackwell told Reuters. "The situation in U.S. offshore wind is severe," Orsted CEO Mads Nipper said last month.
Persons: Pascal, Jon Wallace, WindEurope, Markus Krebber, Germany's, Ben Blackwell, Rob West, Siemens Gamesa, Fraser McLachlan, McLachlan, Jochen Eickholt, Wallace, Energy Council's Blackwell, Denmark's Orsted, RWE's Krebber, Joe Biden's, Mads Nipper, Nina Chestney, Nichola Groom, Christoph Steitz, Nora Buli, Francesca Landini, Toby Sterling, David Clarke Organizations: REUTERS, Rights, European, Jupiter Asset Management, EU, Shell, Siemens, LinkedIn, Wind Energy, Thunder Said Energy, GCube Insurance, Bloomberg New Energy Finance, Energy, Reuters, European Commission, Thomson Locations: Le Havre, Normandy, France, European Union, Britain, Netherlands, Norway, Ukraine, Jupiter, U.S, Los Angeles, Frankfurt, Milan, Amsterdam
SYDNEY, Sept 28 (Reuters) - Australian retail sales rose modestly in August as consumers continued to cut back on spending in the face of elevated living expenses and high borrowing costs, signalling interest rates may not have to rise further. Data from the Australian Bureau of Statistics (ABS) on Thursday showed nominal retail sales rose 0.2% in August from July, missing analysts' forecast of a 0.3% gain. Sales of A$35.4 billion ($22.56 billion) were up just 1.5% from a year earlier, the lowest gain in percentage terms since August 2021. Data from Commonwealth Bank of Australia showed that younger Australians who are renting or have mortgages are cutting back on purchases, while older Australian who benefit from higher savings rates are still spending. ($1 = 1.5694 Australian dollars)Reporting by Stella Qiu; Editing by Tom Hogue and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Ben Dorber, Stella Qiu, Tom Hogue, Jamie Freed Organizations: Australian Bureau of Statistics, FIFA, Reserve Bank of Australia, Commonwealth Bank of Australia, Thomson
The new iPhone 15 might appeal to anyone who is upgrading from a model that dates from 2020 or earlier, such as the iPhone 12. Unless you're a hardcore iPhone fan, it's probably fine to go for the cheaper iPhone 14 if you're upgrading. AdvertisementAdvertisementThe iPhone 14 will feel like a big upgrade anywayApple's iPhone 14 Pro model. As the iPhone 15 hits shelves around the world, prices for last year's iPhone 14 — which Insider reviewed strongly — start at $699, $100 cheaper than the basic version of the latest model. AdvertisementAdvertisement"Ultimately the differences between the iPhone 14 and iPhone 15 aren't enormous.
Persons: , Ben Woods, Antonio Villas, Max, Mario Tama, Pro Max, Tim Cook, Justin Sullivan, Woods Organizations: Service, Apple, CCS Insight, Boas, European Union, Getty, Pro Locations: European
Cassidy Hutchinson said a fellow Trump aide celebrated his January 6 congressional subpoena. We're officially in the big leagues," Hutchinson said Ben Williamson told her. AdvertisementAdvertisementIt turns out getting a congressional subpoena has an upside for some people, former Trump White House aide Cassidy Hutchinson wrote in her new book. 'Did you even notice I'm here?,'" Hutchinson wrote in her memoir "Enough" which was released on Tuesday. Hutchinson wrote that during her brief visit, Williamson also spoke to Meadows.
Persons: Cassidy Hutchinson, We're, Hutchinson, Ben Williamson, , Mark Meadows, Williamson, Ben, swatting, seltzer, Meadows . Hutchinson, it's, Meadows, Debbie Organizations: Trump, Service, Trump White House, White House, Capitol, CNN Locations: Meadows .
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