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☆ At the U.S. Open, Coco Gauff and Company Stake Their Claim
▼ + stars: | 2023-09-10 | by ( Kurt Streeter | More About Kurt Streeter | ) www.nytimes.com time to read: +1 min

Led by Coco Gauff and a cast of charismatic upstarts, tennis hit a sweet spot at this year’s U.S. Open with a diverse blend of old and right now, signaling the game is freshly and firmly energized as it enters a new era. At this tournament, the commanding arrival of Gauff, who won the women’s singles title Saturday evening, along with memorable performances by Ben Shelton and Frances Tiafoe, proved that thinking wrong. At the Billie Jean King National Tennis Center, a quartet of legends no longer stifled the game, overshadowing the sometimes stalled forward motion of the young players coming behind. You could feel it on the grounds, which filled with so many spectators that it often appeared there was no space to move without bruising a shoulder. This year’s event set attendance records nearly every day.

Persons: Coco Gauff, Serena Williams, Roger Federer, Rafael Nadal, Novak Djokovic, Daniil Medvedev, Gauff, Ben Shelton, Frances Tiafoe, Billie Jean King Organizations: Billie Jean King National Tennis Center Locations: U.S

☆ Spain's soccer chief Luis Rubiales quits in kiss scandal
▼ + stars: | 2023-09-10 | by ( Graham Keeley | ) www.reuters.com time to read: +4 min

Reuters reached out to Hermoso's representative for comment on Rubiales' resignation, and they did not return the telephone call. Hermoso, Spain's all-time top scorer with 51 goals, currently plays at Mexican top-tier side Pachuca, where she moved in June 2022 following her second spell at Barcelona. "The feminist country is advancing faster and faster," Spain's acting Labour Minister Yolanda Diaz posted on X after news of Rubiales' resignation. The Spanish Football Federation said in a statement that Rubiales had resigned as its president and also as a vice-president of UEFA. Although he stepped down as boss of the federation, Rubiales continued to defend his version of events.

Persons: Jennifer Hermoso, Royal Spanish Football Federation Luis Rubiales, Hannah, Luis Rubiales, Rubiales, Pedro Rocha, Jenni Hermoso, Hermoso, Yolanda Diaz, Jenni, Irene Montero, Pedro Rocha Junco, FUTPRO, Piers Morgan, Luis, Anita Kobylinska, Tommy Lund, Toby Davis, Frances Kerry, Aislinn Laing Organizations: Soccer Football, FIFA, England, Royal Spanish Football Federation, Spanish Football Federation, Sydney, High, Rubiales, Spain, UEFA, Twitter, Reuters, Pachuca, Barcelona, Labour, Thomson Locations: New Zealand, Spain, Australia, Sydney, BARCELONA, Spanish, Gdansk

☆ Rescuers Hunt for Survivors of Morocco Quake With Over 2,000 Dead
▼ + stars: | 2023-09-10 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +4 min

Many people spent a second night in the open after the 6.8 magnitude quake hit late on Friday. The latest Interior Ministry figures put the death toll at 2,012, with 2,059 people injured, including 1,404 in critical condition. Morocco has declared three days of mourning and King Mohammed VI called for prayers for the dead to be held at mosques across the country on Sunday. PULLING SURVIVORS FROM RUBBLEThere were hopes more survivors could be found. Footage captured on Saturday in the town of Moulay Brahim, some 50 km (30 miles) south of Marrakech, showed rescuers pulling someone from the rubble.

Persons: Jihed Abidellaoui, Alexander Cornwell MARRAKECH, King Mohammed VI, Caroline Holt, Abdellatif Ait, Saida Bodchich, Ayat, ”, Ahmed Eljechtimi, Jose Joseph, Adam Makary, Omar Abdel, Tom Perry, Frances Kerry Organizations: ., Ministry, World Health Organization, International Federation of Red, Red Crescent Societies, High, Reuters, . Geological Survey, International Monetary Fund, World Bank, IMF Locations: Morocco, Marrakech, Moulay, Tansghart, Abdellatif Ait Bella, Turkey, Bengaluru, Razek, Cairo

☆ Morocco earthquake: Foreign offers of aid arrive
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +4 min

Sept 10 (Reuters) - Following are some of the offers of aid and support from foreign governments following the powerful earthquake that struck Morocco late on Friday. A unit from the Spanish Emergency Military Unit (UME) was set to fly to Morocco, Spanish television RTVE reported. FRANCEFrance stands ready to help Morocco but the government there has not yet requested it, a Foreign Ministry spokesperson said on Sunday. Separately, the Foreign Ministry said it was activating a fund of local government contributions to support solidarity actions. TAIWANTaiwan’s fire department said on Saturday it had put a team of 120 rescuers on standby to go to Morocco the moment they get instructions from Taiwan’s foreign ministry.

Persons: Jose Manuel Albares, Albares, ISRAEL Israel's Magen David Adom, Magen David Adom, Algeria's, Nawaf Al, Ahmad Al, Jaber, Frances Kerry, Elaine Hardcastle Organizations: Interior, Catalunya Radio, Moroccan, Spanish Emergency Military Unit, Foreign Ministry, Orange, Crescent, Ministry of Health, Israel Defense Forces, Sunday, Reuters, Thomson Locations: Morocco, TUNISIA Tunisia, SPAIN, Spain, Spanish, FRANCE France, Belgium, Poland, Romania, Slovakia, Moroccan, ALGERIA Algeria, TURKEY, AFAD, Turkish, Turkey, KUWAIT, Jaber Al, Sabah, TAIWAN

☆ Morocco's ancient city of Marrakech assesses quake damage
▼ + stars: | 2023-09-09 | by ( Ahmed Eljechtimi | ) www.reuters.com time to read: +3 min

[1/3] A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. The extent of damage to Marrakech, a UNESCO World Heritage site, was not yet clear on Saturday morning though most of the main historic sites in the old city appeared largely unscathed. Standing in front of a pile of rubble elsewhere in the old city, with elegant archways rising up behind it, Marrakech resident Miloud Skrout said the damage had blocked alleyways making it hard to help trapped residents. Some houses also fell in the tightly packed old city, though residents told Reuters that these appeared to be mostly uninhabited. "We are glad to see foreign tourists join to give blood following this painful event," he added.

Persons: Abdelhak, Karim El Baridi, Baridi, Miloud Skrout, Winston Churchill, Mahmoud Abghach, Ahmed Eljechtimi, Angus McDowall, Frances Kerry Organizations: REUTERS, Rights, UNESCO, Reuters, World Bank, IMF, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH

☆ Mangosuthu Buthelezi, Zulu Prince Who Roiled South African Politics, Dead at 95
▼ + stars: | 2023-09-09 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +6 min

(Reuters) -Mangosuthu Buthelezi, a veteran South African politician, Zulu prince and controversial figure during the apartheid liberation struggle, has died, the presidency said on Saturday. Critics dubbed Buthelezi a war lord but to his legion of followers in the rural Zulu heartland, he was a visionary. A Zulu chief, Buthelezi became KwaZulu's chief minister in the 1970s, where he tried a delicate balancing act: refusing outright independence and criticising Pretoria's racial policies while still playing a role in the homeland farce. Ashpenaz Nathan Mangosuthu Gatsha Buthelezi was born on Aug. 27, 1928, in Mahlabathini, the son and heir of Chief Matoli Buthelezi and Princess Constance Magago Dinuzulu. In 1953 he was installed as acting chief of the prominent Buthelezi clan and four years later was confirmed as chief.

Persons: Prince Mangosuthu Buthelezi, Prince, KwaPhindangene, Cyril Ramaphosa, Buthelezi, Nelson Mandela, Critics, Inkatha, Thabo Mbeki, King Cetshwayo, Henry Kissinger, Peter Carrington, Ashpenaz Nathan Mangosuthu Gatsha Buthelezi, Matoli Buthelezi, Princess Constance Magago Dinuzulu, Irene Mzila, Bhargav Acharya, Nelson BanyaEditing, Angus MacSwan, Frances Kerry Organizations: Reuters, South, Freedom Party, Home Affairs, African National Congress, Zulu Monarch, IFP, ANC, British, Black University of Fort, ANC Youth League, U.S Locations: KwaZulu, Natal, South Africa, Zulu, Johannesburg, Black University of Fort Hare, Lesotho, Mahlabathini

☆ Reactions from foreign governments to earthquake in Morocco
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +1 min

Sept 9 (Reuters) - Following are reactions from foreign governments to the powerful earthquake that struck Morocco's High Atlas mountains late on Friday, killing hundreds and destroying buildings in the deadliest tremor to hit the country in decades. INDIAN PRIME MINISTER NARENDRA MODI, INAUGURATING A G20 SUMMIT IN NEW DELHI"We pray that all the injured people get well soon. The entire world community is with Morocco in this difficult time and we are ready to provide them all possible assistance." SPAIN'S ACTING PRIME MINISTER PEDRO SANCHEZ"All my solidarity with the people of Morocco in the face of the terrible earthquake ... Spain stands with the victims of this tragedy and their families." FRENCH FOREIGN MINISTER CATHERINE COLONNA"Solidarity with Morocco and our friends, the Moroccan people after the night's terrible quake.

Persons: NARENDRA MODI, PEDRO SANCHEZ, CATHERINE COLONNA, Tomasz Janowski, Frances Kerry Organizations: Solidarity, Thomson Locations: Morocco, Spain, Moroccan

☆ Algeria to allow Morocco flights after quake despite bad ties
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

A view shows a damaged building on the road between Amizmiz and Ouirgane, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Ahmed El Jechtimi Acquire Licensing RightsALGIERS, Sept 9 (Reuters) - Morocco's deadly earthquake prompted Algeria, which cut ties with its neighbour two years ago, to put aside the countries' bad relations and open its air space to aid flights. The border between Algeria and Morocco, the most powerful countries in the region, has been closed since 1994 and Algiers closed its air space to Morocco and suspended diplomatic relations in 2021, accusing Rabat of "hostile acts". During deadly wildfires in Algeria during each of the past three summers, Morocco has made offers of aid that Algiers has publicly ignored. Many Algerians voiced solidarity with Morocco on social media, some saying they hoped the bad political ties would not get in the way of helping their neighbour.

Persons: Ahmed El Jechtimi, Abdelkader Bengrina, Al Bina, Lamine Chikhi, Tarek Amara, Angus McDowall, Mark Heinrich, Frances Kerry Organizations: REUTERS, Rabat, Foreign Ministry, Thomson Locations: Amizmiz, Morocco, ALGIERS, Algeria, Algiers, Western Sahara, North Africa, Europe

☆ Greek rescue teams move into worst-hit flood villages
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Alexandros Avramidis Acquire Licensing RightsATHENS, Sept 9 (Reuters) - Rescue teams took people out of floodwaters in inflatable boats and in bulldozers on Saturday as they moved into villages hit hardest by a sweeping rainstorm that killed at least 10 people in central Greece this week. Authorities, who have struggled to evacuate people from flooded areas, raised the death toll to 10 people on Friday afternoon. On Saturday, rescue teams were moving into villages near the city of Larissa and close to the River Pineios. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong. Reporting by Stamos Prousalis, Renee Maltezou, Lefteris Papadimas and Michele Kambas Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Storm Daniel, Alexandros Avramidis, Stamos Prousalis, Renee Maltezou, Lefteris Papadimas, Michele Kambas, Frances Kerry Organizations: REUTERS, Rights, pummelled, Authorities, Thomson Locations: Greece, Palamas, pummelled Greece, Larissa, Thessaly, Karditsa, Athens, Thessaloniki, Scandinavia, Europe, Hong Kong, India

☆ Foreign reactions and offers of aid in response to Morocco earthquake
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +8 min

[1/6] A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9. ****OFFERS OF FOREIGN AID AND SUPPORTALGERIAAlgeria, which broke off ties with Morocco two years ago, said it would open its air space for humanitarian and medical flights to Morocco. TURKEYThe Turkish Foreign Ministry said Ankara was ready to provide all kinds of support "to heal the wounds of the earthquake in Morocco". Valerie Pecresse, president of the Paris region, said on X it was offering 500,000 euros ($535,000)in aid for Morocco. -------------**** ASSISTANCE TO FOREIGN NATIONALSFRANCEThe French Foreign Ministry said its embassy in Morocco and the ministry in Paris have opened crisis centres "to respond to demands for information or help from our compatriots."

Persons: Abdelhak, Algeria's, Olaf Scholz, Antony Blinken, Valerie Pecresse, Benoit Payan, Jose Manuel Albares, Antonio Nogales, Eli Cohen, “, Israel's Magen David Adom, Magen David Adom, Kais Saied, Nawaf Al, Ahmad Al, Jaber, Marcel Ciolacu, NARENDRA MODI, VLADIMIR PUTIN, MOHAMMED VI, KRISTALINA GEORGIEVA, TAYYIP ERDOGAN, ANNALENA, EMMANUEL MACRON, FELIPE, Tomasz Janowski, Frances Kerry Organizations: REUTERS, Turkish Foreign Ministry, UNITED STATES Secretary, French Foreign Ministry, Morocco, Cote d'Azur, Orange, Spain's, Moroccan, ISRAEL, Crescent, Ministry of Health, Israel Defense Forces, INDIAN, IMF, Bank, MINISTRY, Facebook, Ministry of Foreign Affairs, Thomson Locations: Marrakech, Morocco, ALGERIA Algeria, Moroccan, TURKEY, Ankara, AFAD, Turkish, Turkey, GERMANY, New Delhi, Germany, United States, FRANCE, France, Paris, Marseille, Marseille's, Occitanie, Corsica, Provence, Alpes, Belgium, Poland, Romania, Slovakia, SPAIN, TUNISIA, Tunisian, KUWAIT, Jaber Al, Sabah, ROMANIA, TAIWAN, Algeria, Kingdom of Morocco, EMIRATES, German, Rabat

☆ Mangosuthu Buthelezi, Zulu prince who roiled South African politics, dead at 95
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +7 min

South Africa's leader of the Inkatha Freedom Party (IFP) Mangosuthu Buthelezi speaks to supporters ahead of the national elections, in Richards Bay, north of Durban, in South Africa, April 19, 2009. REUTERS/Rogan Ward Acquire Licensing RightsSept 9 (Reuters) - Mangosuthu Buthelezi, a veteran South African politician, Zulu prince and controversial figure during the apartheid liberation struggle, has died, the presidency said on Saturday. South Africa's main opposition Democratic Alliance (DA) party described Buthelezi as a "great leader". "Prince Buthelezi was a giant on South Africa's political landscape," DA leader John Steenhuisen said. Critics dubbed Buthelezi a war lord but to his legion of followers in the rural Zulu heartland, he was a visionary.

Persons: Mangosuthu Buthelezi, Rogan Ward, Prince Mangosuthu Buthelezi, Prince, KwaPhindangene, Cyril Ramaphosa, Buthelezi, Nelson Mandela, Prince Buthelezi, John Steenhuisen, ANC Buthelezi, Critics, Inkatha, Thabo Mbeki, King Cetshwayo, Henry Kissinger, Peter Carrington, Ashpenaz Nathan Mangosuthu Gatsha Buthelezi, Matoli Buthelezi, Princess Constance Magago Dinuzulu, Irene Mzila, Bhargav Acharya, Nelson, Angus MacSwan, Frances Kerry Organizations: Freedom Party, IFP, REUTERS, South, Home Affairs, African National Congress, Zulu Monarch, ANC, Nelson, Nelson Mandela Foundation, Mandela's, Democratic Alliance, Reuters, British, Black University of Fort, ANC Youth League, U.S, Thomson Locations: Richards Bay, Durban, South Africa, KwaZulu, Natal, Zulu, Johannesburg, Black University of Fort Hare, Lesotho, Mahlabathini

☆ Imitation is flattery, says Shelton, after Djokovic copies phone celebration
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The veteran Djokovic held off a late-match surge from the 20-year-old to reach his 10th U.S. Open final before he mimed answering the phone - and hanging up - to subvert the viral post-win gesture that Shelton has used in New York. "I just love Ben's celebration," Djokovic told reporters with a grin. "I think if you win the match, you deserve to do whatever you want," said Shelton. "It's kind of like I'm saying I'm dialed in," Shelton explained earlier in the tournament, when asked about the celebration. A lot of positives to take away for the rest of the year and going into next year," said Shelton.

Persons: Ben Shelton, Serbia's Novak Djokovic, Mike Segar, Novak Djokovic, Ben, American's, Djokovic, Shelton, Grant Holloway, I'm, Tommy Paul, Frances Tiafoe, Amy Tennery, Stephen Coates Organizations: Tennis, Serbia's Novak Djokovic REUTERS, Thomson Locations: Flushing Meadows , New York, United States, U.S, New York

☆ Hong Kong Flooded by Heaviest Rains in Over a Century
▼ + stars: | 2023-09-08 | by ( Frances Yoon | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/asia/hong-kong-flooded-by-heaviest-rains-in-over-a-century-9b26f9bf

Persons: Dow Jones Locations: asia, hong, kong

☆ Stock market drives U.S. households to record wealth
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Mike Segar/Illustration/ Acquire Licensing RightsSept 8 (Reuters) - A surging stock market powered U.S. household wealth to a record high of more than $154 trillion in the second quarter, aided by a rebound in property values, Federal Reserve data out on Friday showed. The Standard & Poor's 500 total return index (.SPXTR), including reinvested dividends, delivered an 8.7% return in the second quarter, its largest gain since the final three months of 2021. Household wealth at the end of June exceeded the previous record high of $152.49 trillion set in the first quarter of 2022 by about $1.8 trillion, or 1.2%. Debt levels for households, businesses and governments kept rising in the second quarter, though the pace of increase varied widely by sector. Business debt growth, meanwhile, moderated substantially, climbing at just a 1.9% annualized rate in the second quarter, its slowest growth since the final three months of 2020.

Persons: Mike Segar, Biden, Dan Burns, Chizu Nomiyama, Frances Kerry Organizations: REUTERS, Federal, Fed, U.S . Treasury, Thomson Locations: Bank, U.S

☆ Syrians Tear Down Poster of Assad in Sweida as Protests Swell
▼ + stars: | 2023-09-08 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

BEIRUT (Reuters) - Demonstrators in the southern Syrian city of Sweida tore down a portrait of President Bashar al-Assad on Friday as anti-government protests that began three weeks ago swelled with crowds coming in from surrounding villages. Sweida is capital of a province of the same name that is home to most of Syria's minority Druze sect. The city remained in government hands throughout the civil war and was largely spared the violence seen elsewhere. In Sweida city, hundreds gathered in Karama Square on Friday as the protests, carrying the multi-coloured Druze flag. Residents of other government-held parts of Syria - where restrictions are tighter - have made more discrete gestures of protest to avoid detection by government forces.

Persons: Bashar al, Assad, Hey Bashar, Bashar's, Hafez al, Maya Gebeily, Frances Kerry Organizations: Farmers ' Union Locations: BEIRUT, Syrian, Sweida, Syria

[1/2] Venezuela's President Nicolas Maduro gestures during a meeting with Chile's Ambassador to Venezuela Jaime Gazmuri, at Miraflores Palace, in Caracas, Venezuela August 16, 2023. Energy trade, debt repayment and new financing likely are the main focus of the Sept. 8-14 visit, officials and sources said. Beijing's decision to host Maduro coincides with a G20 summit in New Delhi this weekend, which Chinese President Xi Jinping will not attend. In 2020, the Maduro administration and Chinese banks again agreed to a grace period on some $19 billion of Chinese debt, according to Reuters reporting. Despite sanctions on Venezuela, China imported around 390,000 barrels per day of crude from the country between January and August this year, totalling roughly 12.9 million metric tons, data from commodities consultancy Vortexa showed.

Persons: Nicolas Maduro, Venezuela Jaime Gazmuri, Leonardo Fernandez Viloria, Han Zheng, Wang Yi, hegemonism, Han, Pedro Tellechea, Tellechea, Xi Jinping, Maduro, Hugo Chavez's, Joe Biden's, PDVSA, CNPC, Donald Trump, Andrew Hayley, Liz Lee, Joe Cash, Vivian Seuqera, Mayela, Marianna Parraga, Christopher Cushing, Frances Kerry, Marguerita Choy Organizations: REUTERS, Rights, West, Energy, China National Petroleum Corp, Venezuelan, Venezuelan Oil, Shanghai International Energy Exchange, Shanghai Petroleum, Natural Gas Exchange, South, Shanghai, Mayela Armas, Thomson Locations: Venezuela, Miraflores, Caracas, Rights BEIJING, CARACAS, China, OPEC, Beijing, Shanghai, Asia, New Delhi, Malaysia, South American, Houston

The U.S. Geological Survey said the quake had a magnitude of 6.8 with an epicentre some 72 km (45 miles) southwest of Marrakech. "When I felt the earth shaking beneath my feet and the house leaning, I rushed to get my kids out. [1/14]Residents rest in central Marrakesh following a powerful earthquake in Morocco, September 9, 2023. It was Morocco's deadliest earthquake since 1960 when a quake was estimated to have killed at least 12,000 people, according to the U.S. Geological Survey. Marrakech is due to host the annual meetings of the International Monetary Fund and World Bank from Oct. 9.

Persons: Mohamed Azaw, Mohamed Ouhammo, Montasir, Abdellatif Ait, Saida Bodchich, Hannah McKay, Waaziz Hassan, Mohammad Kashani, Zakia Abdennebi, Tarek Amara, Alexander Cornwell, Ahmed Tolba, Jose Joseph, Muhammad Al Gebaly, Adam Makary, Michelle Nichols, Graham Keeley, Josephine Mason, Angus McDowall, Tom Perry, Tomasz Janowski, Frances Kerry, Alexander Smith, Peter Graff, Daniel Wallis Organizations: WHO, Moroccan, Interior Ministry, Geological Survey, Food, High, REUTERS, World Health Organization, UNESCO, . Geological Survey, University of Southampton, International Monetary Fund, World Bank, IMF, Reuters, Thomson Locations: Marrakech, Casablanca, Rabat, Morocco, U.S, Amizmiz, Asni, Tansghart, Abdellatif Ait Bella, Marrakesh, Huelva, Jaen, Spain, Jemaa, Moroccan, Turkey, Algeria, Tunis, Imsouane, Dubai, Bengaluru, Cairo, New York, Madrid, London

☆ US Open men's semifinals: How to watch Ben Shelton's bid to upset Novak Djokovic
▼ + stars: | 2023-09-08 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

Novak Djokovic, Carlos Alcaraz and Daniil Medvedev have all been at this stage before. The Serbian is bidding to win his fourth US Open title and his 24th grand slam overall. “I think the mental has improved more than the physical,” Shelton told reporters, speaking about his development. Now, I’m facing my fourth one,” Alcaraz told reporters. I think that’s how sometimes it can be in life, many things can happen, and you can be disappointed,” Medvedev told reporters.

Persons: Novak Djokovic, Carlos Alcaraz, Daniil Medvedev, Ben Shelton, Djokovic, Shelton, Arthur Ashe, Medvedev, Frances Tiafoe, he’s, ” Shelton, “, who’s, Sarah Stier, ” Djokovic, ”, ” Medvedev, Alcaraz, Spain’s, ” Alcaraz, ” Daniil Medvedev, Andrey Rublev Organizations: CNN, ESPN, Sky Sports, Flushing, Getty Locations: New York, Alcaraz, Serbian, Friday’s, American, Flushing Meadows

☆ Brent falls below $90/bbl, pausing rally, on weaker demand outlook
▼ + stars: | 2023-09-07 | by ( Erwin Seba | ) www.reuters.com time to read: +3 min

Brent crude futures settled 68 cents, or 0.8%, lower at $89.92 a barrel, after trading between $89.46 and $90.89. U.S. West Texas Intermediate crude (WTI) futures finished down 67 cents, or 0.8%, at $86.67 a barrel, after trading between $86.39 and $87.74. Thursday's fall came after nine straight sessions of gains in WTI and seven straight gains in Brent. But crude imports surged 30.9%. "The wind has been taken out of the bulls' sail overnight by rising Chinese product exports last month, albeit crude oil imports rose," PVM Oil analyst Tamas Varga said.

Persons: Agustin Marcarian, Thursday's, Prices, Dennis Kissler, John Kilduff, Tamas Varga, Leon Li, Erwin Seba, Arathy Somasekhar, Ahmad Ghaddar, Trixie Yap, Marguerita Choy, Frances Kerry, Nick Macfie Organizations: REUTERS, HOUSTON, Brent, . West Texas, U.S, BOK, Again, Markets, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Iran, Venezuela, WTI, Brent, Saudi Arabia, Russia, China, Saudi, U.S, Shanghai, Houston, London, Singapore

☆ Oil slips on weak China outlook despite US stock drawdown
▼ + stars: | 2023-09-07 | by ( Erwin Seba | ) www.reuters.com time to read: +2 min

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. Prices had spiked earlier in the week after Saudi Arabia and Russia, the world's top two oil exporters, extended voluntary supply cuts to the year-end. These were on top of the April cuts agreed by several OPEC+ producers running to the end of 2024. But crude imports surged 30.9%. "The wind has been taken out of the bulls' sail overnight by rising Chinese product exports last month albeit crude oil imports rose," PVM Oil analyst Tamas Varga said.

Persons: Agustin Marcarian, we've, Jim Ritterbusch, Tamas Varga, Leon Li, Ahmad Ghaddar, Trixie Yap, Marguerita Choy, Frances Kerry Organizations: REUTERS, Brent, U.S, West Texas, Energy, Ritterbusch, Markets, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Iran, Venezuela, HOUSTON, China, Saudi Arabia, Russia, Saudi, Shanghai, London, Singapore

☆ Mexican core inflation slows more than expected to 20-month low
▼ + stars: | 2023-09-07 | by ( Natalia Siniawski | ) www.reuters.com time to read: +2 min

That drop was off the back of lower core goods inflation, Capital Economics analyst Jason Tuvey said, while services inflation - which central bank board members have described as "sticky" - remained above 5% year over year. Annual core inflation in the second half of the month was "good news," said central bank board member Jonathan Heath on social media network X. Headline inflation edged downward to 4.64% in the month, in line with market expectations and its lowest since March 2021. That was driven by softer core price pressures, Capital's Tuvey said, but with inflation in the services sector still proving stubborn, the central bank is still unlikely to kick off an interest-rate easing cycle soon. The closely watched core price index rose 0.27% during the month (MXCPIX=ECI).

Persons: Jose Luis Gonzalez, Jason Tuvey, Jonathan Heath, Capital's Tuvey, Andres Abadia, Natalia Siniawski, Kylie Madry, Frances Kerry, Aurora Ellis Organizations: REUTERS, Capital, Reuters, of, Macroeconomics, America, Thomson Locations: Ciudad Juarez, Mexico, of Mexico

☆ Global regulators seek to crack down on decentralised finance
▼ + stars: | 2023-09-07 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Sept 7 (Reuters) - Global securities regulators set out on Thursday their first blueprint to make participants in "decentralised finance" (DeFi)accountable for their actions and safeguard market stability. Such events have seen DeFi shrink from about $180 billion in late 2021 to about $40 billion currently, and the sector is also being used for moneylaundering, IOSCO said. Stakeholders in DeFi and their roles, and the organizational, technological, and communication mechanisms they use, tend to mimic those in traditional finance. Regulators have little standardised data on DeFI, a situation made worse by market participants using multiple pseudonymous addresses to obfuscate their activities, IOSCO said. Regulators should use existing laws or introduce new ones where needed to get a full picture of DeFI, including the identities of people and companies involved, IOSCO said.

Persons: Dado Ruvic, IOSCO, Tuang Lee Lim, Lim, Huw Jones, Frances Kerry Organizations: REUTERS, Terra, Regulators, DeFi, Thomson Locations: DeFi, IOSCO, United States

☆ Walmart changes starting pay structure for entry-level store workers
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kamil Krzaczynski Acquire Licensing RightsCompanies Walmart Inc FollowSept 7 (Reuters) - Walmart (WMT.N) is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market. Deli, auto center and bakery workers will continue to receive higher starting wages as they are higher-skilled roles, she added. The Wall Street Journal, which was the first to report the wage structure changes that went into effect in mid-July, said the changes mean paying some new store workers less than it would have three months ago, citing documents seen by the Journal and store workers. Walmart pays its employees different starting wages based on where the store is based. The new wage structure will not change Walmart's minimum hourly wage of $14 or result in any pay cuts for existing employees, the spokesperson said.

Persons: Kamil Krzaczynski, Anne Hatfield, Hatfield, Walmart's, Ananya Mariam Rajesh, Siddharth Cavale, Maju Samuel, Frances Kerry Organizations: REUTERS, Walmart, Street, Journal, Midwest, Reuters, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru, New York

☆ UK employers curb hiring at fastest rate in over 3 years: REC
▼ + stars: | 2023-09-07 | by ( David Milliken | ) www.reuters.com time to read: +2 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. REC also reported that starting salaries rose at the joint-slowest pace since March 2021, although this was still a large increase by historic standards. A BoE survey on Thursday showed employers expect to raise wages by 5% over the coming year, above the 3-4% rate typical before the pandemic, when inflation stayed close to target. REC said there were "widespread reports" from its members that the pool of jobseekers had been swollen by increased redundancies. The REC surveyed around 400 recruitment agencies between Aug. 10 and Aug. 24.

Persons: Toby Melville, Neil Carberry, BoE, BoE Governor Andrew Bailey, jobseekers, David Milliken, Frances Kerry Organizations: Bank of, REUTERS, Confederation, REC, Bank of England, Thomson Locations: Bank of England, London, Britain

☆ Belgium toasts its beer riches with new visitor centre
▼ + stars: | 2023-09-07 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

[1/5] An inside view of the Belgian Beer World, the world's largest interactive experience center about beer, that opened in the renovated stock exchange building "La Bourse/De Beurs", in Brussels, Belgium September 7, 2023. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS, Sept 7 (Reuters) - Belgium is promoting its centuries of beer-making and 430 breweries with a new visitor centre in Brussels that recounts the history of Belgian production and aims to show what is unique about the country's beer and beer culture. Belgian Beer World will open on Saturday in the neoclassical former Brussels Stock Exchange, renovated at a cost of 90 million euros ($96.25 million). Visitors will learn about "Belgitude" - Belgian identity - and what distinguishes Belgian beer from others - such as the four different fermentation methods and the culture of each beer having its own branded glass. Belgium produces some 1,600 beers and its beer culture secured a place on the UNESCO global list of traditions worthy of preservation in 2016.

Persons: Yves Herman Acquire, Krishan Maudgal, Mayor Philippe Close, Philip Blenkinsop, Frances Kerry Organizations: Belgian Beer, REUTERS, Rights, Brussels Stock Exchange, Belgian Brewers, UNESCO, Mayor, Thomson Locations: Brussels, Belgium, Rights BRUSSELS, Belgian, Dublin, Amsterdam

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