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[1/5] Cars belonging to the Palmen collection are displayed in the warehouse in which they were stored over the last 40 years, ahead of Friday's auction, in Dordrecht, Netherlands May 25, 2023. He never showed off his cars but rather kept them a secret, scared people might steal them, Nico Aaldering from Gallery Aaldering said. Palmen could afford to buy the cars thanks to smart investments, including in real estate, said Hans van der Pluijm from Classic Car Auctions, which is running the auction. "It's a collection you will probably never find in this condition, in this quantity again," said Hans van der Pluijm from Classic Car Auctions. It's special in every shape and it's wanted in every collection," Van der Pluijm said.

☆ When Twitter’s Watching, Companies Behave Better
▼ + stars: | 2023-05-24 | by ( Bart Ziegler | ) www.wsj.com time to read: 1 min

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☆ EU, U.S. data transfer pact expected by summer, EU Commission says after Meta fine
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, May 22 (Reuters) - The European Commission expects to finalise a data transfer pact with the United States by summer, a spokesman said on Monday after the Irish privacy regulator gave Meta Platforms (META.O) five months to stop transferring users' data across the Atlantic. "We expect this data protection framework between the EU and the U.S. to be fully functionable by the summer. This will guarantee stability and legal certainty," a Commission spokesman told a daily news conference. Reporting by Foo Yun Chee in Brussels and Bart Meijer in Amsterdam;Our Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Why Ukraine is bidding for F-16 jets and will it succeed?
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +5 min

WHAT KIND OF FIGHTER JETS COULD UKRAINE GET? Ukraine wants F-16s, which it says are "four or five times" more effective than Soviet-era jets it currently has. However, Polish President Andrzej Duda reiterated on Tuesday that Poland has too few F-16 jets to be able to give any to Ukraine. Britain will not send jets to Ukraine, a spokesperson for Sunak has said, since Britain does not have the F-16s that Ukraine wants. Denmark said in February it was "open" to the idea of sending fighter jets to Ukraine.

☆ MLB roundup: Jorge Soler's walk-off HR pushes Marlins past Nats
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +12 min

Washington's Josiah Gray threw 104 pitches in seven innings, allowing two runs (one earned) and striking out five. Miami's Jesus Luzardo, who threw 93 pitches in six innings, allowed one run and struck out seven. Blue Jays right-hander Kevin Gausman allowed three runs (two earned), five hits and two walks while striking out 10 in seven innings. Pirates starter Luis Ortiz (0-2) allowed four runs (three earned) and seven hits in three-plus innings. White Sox right-hander Lance Lynn (2-5) allowed three runs (one earned) and seven hits in seven-plus innings.

☆ Dollar weighed down by US default risks; Aussie, yuan hurt by weak China data
▼ + stars: | 2023-05-16 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The U.S. dollar index - which measures the currency against a basket of six major peers - was little changed at 102.47. "The interesting thing is the dollar is weak, and usually when there's risk off, people buy the dollar," he said. The euro , which has the greatest weight in the dollar index, was little changed at $1.0870 on Tuesday, after bouncing off a five-week low overnight. The Australian dollar , which is not part of the dollar index, erased small early gains ahead of Chinese retail sales and industrial production data, then sank after the release. The dollar gained 0.2% to 6.9723 yuan in the offshore market , after touching 6.9749 on Monday for the first time since March 10.

☆ Philips says tests on 95% of recalled devices show limited risks
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

Companies Koninklijke Philips NV FollowAMSTERDAM, May 16 (Reuters) - Dutch medical devices maker Philips (PHG.AS) said on Tuesday that independent tests had shown 95% of its respiratory devices involved in a major global recall had shown limited health risks. The company expects to have test results for the remaining machines involved in the recall later in the year. It said exposure to particulate matter emissions and volatile organic compounds from degraded foam in DreamStation devices was "unlikely to result in an appreciable harm to health in patients". Philips had already said last year that tests indicated foam degradation was very rare and was linked to the use of unauthorised ozone-based cleaning products. It now added that foam degradation as a result of such cleaning was also unlikely to result in an appreciable harm.

☆ EU Council adopts first legal framework to regulate crypto sector
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, May 16 (Reuters) - The European Council on Tuesday said it had adopted the world's first comprehensive set of rules for cryptoassets regulation (MiCa). MiCA, which was already approved by EU member states and the European parliament, requires crypto firms to be authorised by the EU to serve customers in the bloc, and to comply with safeguards against money laundering and terrorism financing. Reporting by Bart Meijer; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ A mother was raising her son in a city she loved. Then San Francisco changed and stole her boy
▼ + stars: | 2023-05-14 | by ( Sara Sidner | ) edition.cnn.com time to read: +8 min

And her son got caught up in a scene you can almost not avoid in the city: the drug scene. “When I got out of the BART station, the first thing that I was asked is if I wanted to buy drugs,” Tilghman said. “All the tents started going up in the city,” Tilghman said. “What makes me sad is that I see my son’s face in everybody’s faces … out on the streets,” Tilghman said. The Tenderloin Linkage Center, which was later renamed to just the Tenderloin Center, closed last December.

☆ No office tower is safe from the roiling market — not even a trophy building housing Google and Visa deemed one of the best
▼ + stars: | 2023-05-10 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +9 min

Potential problems at One Market Plaza show how far San Francisco's office market may fall. One Market Plaza has long been considered the pinnacle of San Francisco's office market. Autodesk plans to downsize by about 73,000 square feet to 211,000 square feet, a spokeswoman told Insider. Google did not respond to a request for comment on its plans for One Market Plaza. One Market Plaza could indicate how far San Francisco's office woes reachTurbulence at One Market Plaza indicates the extent of the problems facing San Francisco's office market.

☆ ABN Amro Q1 net profit jumps 77% on higher rates and lower costs
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, May 10 (Reuters) - Dutch bank ABN Amro (ABNd.AS) on Wednesday beat analyst expectations with a 77% jump in first-quarter net profit to 523 million euros ($576 million), helped by rising interest rates and lower costs. Analysts in a company-compiled poll on average had predicted a net profit of 370 million euros for the first three months of 2023, up from 295 million euros a year before. Improving deposit margins drove net interest income up 24% to 1.6 billion euros, while impairments for bad loans fell to 14 million euros as economic growth in the Netherlands remained strong despite surging inflation. The lender was re-privatised in 2015, following a bailout during the 2008 financial crisis, but the Dutch state has held a majority stake since then. ($1 = 0.9084 euros)Reporting by Bart Meijer; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

☆ MLB roundup: Red Sox drop Phils for 8th straight win
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +12 min

Boston's Rob Refsnyder ripped a two-run double, Christian Arroyo had a two-run single and Reese McGuire added an RBI single for the Red Sox, who have scored 59 runs during their eight-game winning streak. After Willie Calhoun popped out with two runners on, Bader put the Yankees ahead with a two-run single to right field. He worked a perfect ninth inning, striking out two, to earn his first save. Alejandro Kirk added an RBI double and Daulton Varsho an RBI single for the Blue Jays, who entered the series with a five-game losing streak. Jack Suwinski homered and Connor Joe had an RBI single for the Pirates, who lost their sixth in a row.

☆ Ukraine's Zelenskiy visits war crimes court in The Hague seeking justice
▼ + stars: | 2023-05-04 | by ( Tosterling Bart H. Meijer | Bart H. Meijer | ) www.reuters.com time to read: +2 min

AMSTERDAM, May 4 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Thursday visited the International Criminal Court (ICC) in The Hague, which in March issued an arrest warrant for Russian President Vladimir Putin for suspected deportation of children from Ukraine. Zelenskiy, dressed in his trademark khaki, was welcomed at the court by its president, judge Piotr Hofmanski. In his first official trip to the country, Zelenskiy was due to deliver a speech later in the morning, also in The Hague, titled "No Peace Without Justice for Ukraine". The Ukrainian leader has visited several foreign capitals including London, Paris and Washington since Russia's 2022 invasion. The ICC can prosecute genocide in Ukraine but has no jurisdiction over alleged crimes of aggression by Russia there.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ ‘Oliver!’ Returns, With Darker Twists Intact
▼ + stars: | 2023-05-01 | by ( Sarah Bahr | ) www.nytimes.com time to read: +1 min

It was 10 a.m. on a recent morning in a rehearsal room at New York City Center, and nine boys scurried around the space, clutching parasols of red and white lace, tin cups and jaunty pocket squares. “OK, everyone!” said Lorin Latarro, the choreographer of the show, a new staging of “Oliver!,” the Lionel Bart musical opening at City Center on Wednesday for a two-week run as part of the Encores! “Would you risk the ‘drop’?” he sang, his eyes bugging as he grabbed his scarf and mimed a noose tightening around his neck. (Translation: Are you willing to go out and commit robbery and possibly face the gallows if you’re caught?) All nine pickpockets in training nodded enthusiastically.

☆ Dutch celebrate King's Day as confidence in monarchy diminishes
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

[1/5] King Willem-Alexander and Queen Maxima of the Netherlands pose with their daughters, Princess Ariane and Princess Catharina-Amalia, during King's Day (Koningsdag) in Rotterdam, Netherlands, April 27, 2023. REUTERS/Piroschka van de WouwROTTERDAM, April 27 (Reuters) - Millions of Dutch revellers took to the streets on Thursday to celebrate King's Day festivities, dressing in orange and enjoying open-air markets - even as trust in the man at the centre of the nationwide party sinks to a low ebb. These numbers had held firm at around 75% until the start of the COVID-19 pandemic in 2020. The historic centres of Amsterdam, Utrecht and The Hague have been filled with thousands of people since late on Wednesday as King's Eve parties kicked off the festivities. Reporting by Bart Meijer; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ One of Harlan Crow's Hitler paintings from his collection of Nazi memorabilia is likely a fake, according to two top experts
▼ + stars: | 2023-04-26 | by ( Jack Newsham | Katherine Long | ) www.businessinsider.com time to read: +7 min

But one of his supposed Hitler paintings appears to be fake, two experts told Insider. Harlan Crow's little-seen Hitler art collectionLittle is known about Crow's collection. Insider spoke with a person who attended a 2014 tour of Crow's library, led by Crow's personal librarian, who confirmed that he saw the Hitler watercolor in Crow's collection. The US Army has four Hitler paintings in storage, Renee Klish, a retired Army curator, told Insider. Panagopulos of Alexander Historical Auctions, who has often disagreed with Droog, also said it was doubtful that Crow's painting was genuine.

☆ Philips makes $631 mln provision for recall litigation costs
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +1 min

Companies Koninklijke Philips NV FollowAMSTERDAM, April 24 (Reuters) - Dutch health technology company Philips (PHG.AS) on Monday said it had set aside 575 million euros ($631 million) for possible litigation costs related to its global recall of respiratory machines. Amsterdam-based Philips is grappling with the fallout of a global recall of millions of respirators used to treat sleep apnoea, announced in June 2021 over worries that foam used in the machines could become toxic. The recall has knocked off around 70% of Philips' market value over the past two years as investors fear the costs of a string of lawsuits launched by concerned patients. Philips is still working on a settlement with the U.S. Food and Drug Administration (FDA) and is subject to an investigation by the U.S. Department of Justice. Philips also reported much better-than-expected first-quarter results, as core profit jumped almost 50%, to 359 million euros, and comparable sales were 6% higher than a year before.

LUXEMBOURG, April 24 (Reuters) - Recent remarks by China's ambassador to France questioning the sovereignty of former Soviet states such as Ukraine are totally unacceptable, several EU foreign ministers said before a meeting on Monday. "It is totally unacceptable", Czech Foreign Minister Jan Lipavsky said ahead of the Luxembourg meeting of the bloc's foreign ministers. It was unclear when Fu Cong, the Chinese ambassador to the EU, gave the interview to the Chinese news outlet The Paper. But its publication came hard on the heels of the remarks by China's ambassador to France. Italian Foreign Minister Antonio Tajani said he disagreed with Lu's comments, while Luxembourg's foreign minister Jean Asselborn called Lu's remarks a "blunder" and said efforts were being made to calm things down.

☆ EU leaders will discuss China relation during June summit
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, April 24 (Reuters) - EU leaders will discuss the bloc's stance towards China and its future relations with the country during their next summit in June, EU Council President Charles Michel said on Monday. "EU-China policy will be on the agenda of our European council in June," Michel said in a post on Twitter. "Foreign affairs ministers will prepare this discussion under the leadership of the High representative Josep Borrell." EU foreign affairs ministers, speaking before a joint meeting on Monday, expressed their dismay over recent remarks by China's ambassador to France, who questioned the sovereignty of former Soviet states such as Ukraine. Reporting by Bart Meijer and Marine Strauss; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

☆ DeSantis may have overreached when he went to war with Disney, and Trump smells blood in the water
▼ + stars: | 2023-04-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Florida Gov. "DeSanctus is being absolutely destroyed by Disney," Trump wrote earlier this week. "DeSanctus is being absolutely destroyed by Disney," Trump crowed on his social media platform Truth earlier this week. The Florida governor wanted to burnish his national image by torching Disney. And by gobbling up intellectual property and broadcasting rights, Disney continues to be virtually inescapable.

☆ Elon Musk had a rough week across his empire — Tesla, Twitter and SpaceX
▼ + stars: | 2023-04-21 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

The investors are particularly concerned with Musk and Tesla's handling of human rights and workers' rights. Their letter recounts many lawsuits in which Tesla has been sued over: racial discrimination, union-busting, wage theft, sexual harassment and unsafe working conditions. "Instead of working to address problems with regulators, CEO Musk has made derogatory tweets and comments, fueling tensions," they wrote. The open letter to Tesla's board comes after Tesla shares have declined more than 15% over the past month. Musk-led Twitter also removed "government-funded" and "China state-affiliated" labels from Twitter accounts of a myriad of global media organizations.

☆ EU simplifies procedures for merger reviews
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, April 20 (Reuters) - The European Commission on Thursday said it would simplify its procedures for reviewing mergers, in a bid to reduce reporting requirements for companies by 25%. The new procedures will allow the Commission, the bloc's anti-trust watchdog, to treat more mergers under the so-called simplified procedure. It will also streamline the review of cases and optimise the transmission of documents to the Commission, it said in a statement. The new rules will be applicable from Sept. 1. Reporting by Bart Meijer, editing by Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.

☆ China seeking Dutch space technology -military intelligence agency
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, April 19 (Reuters) - China is seeking to acquire equipment and knowledge in the Dutch space sector, sometimes in circumvention of export restrictions, the Netherlands' military intelligence agency said on Wednesday. China has long insisted that its space programme is for peaceful purposes and that it opposes any form of arms race in space. MIVD chief Jan Swillers said in the agency's report thatChina was specifically seeking "launchers with intelligence, surveillance, reconnaissance (ISR) and communication satellites”. The MIVD's partner agency, the Dutch general intelligence agency AIVD, said on Monday that China posed "the greatest threat to Dutch economic security". In response, China's foreign ministry urged Western officials to abandon what it called a Cold War mentality and stop hyping up the “China threat” narrative.

☆ Watch: Final Bow for ‘The Phantom of the Opera’ on Broadway
▼ + stars: | 2023-04-17 | by ( ) www.wsj.com time to read: 1 min

What’s Slowing Down Self-Driving Car Technology? Car and tech companies have promised for years that fully self-driving cars were just around the corner. But experts say the technology is far from where it needs to be to fully replace drivers. Bart Ziegler, who wrote about self-driving tech for the WSJ's Journal Reports, joins host Zoe Thomas to discuss what is pumping the brakes. PHOTO: JUSTIN MERRIMAN/BLOOMBERG NEWS

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