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☆ This sophisticated investing strategy could be making a comeback after a blow to the FTC
▼ + stars: | 2023-08-13 | by ( Valida Pau | ) www.cnbc.com time to read: +7 min

Merger arbitrage investors have been struggling this year. Play the gap Merger arbitrage can be a tricky strategy for regular investors to incorporate. Investors can buy into the following funds for exposure to merger arbitrage: The Arbitrage Fund (ARBNX) The Merger Fund (MERIX) The NexPoint Merger Arbitrage fund (HMEAX) The First Trust Merger Arbitrage ETF (MARB) The IQ Merger Arbitrage ETF (MNA) To be sure, many of these funds charge a hefty fee. Kroger and Albertsons , the two largest biggest grocers by revenue, just notched a regulatory win after a judge dismissed a consumer lawsuit challenging the $25 billion merger. Tower Semiconductor is trading for around $34 a share such that the arbitrage spread stands at more than 50%.

Persons: Activision Blizzard, Andrew Beer, Dealmaking, John Orrico, Salvatore Bruno, VMware's, Black Knight, it's Organizations: Federal Trade Commission, Activision, FTC, Microsoft, Hedge Fund Research, Beta Investments, Global, Horizon Therapeutics, Activision Blizzard, Broadcom, VMware, Intercontinental Exchange, Black, CNBC, Kroger, Albertsons, Intel, Semiconductor Locations: Island, Water Island, British, Israel

☆ Bruno Mars credits his success to this one skill—and it's not musical talent: 'It's become the most important thing for me'
▼ + stars: | 2023-08-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Bruno Mars has built his career on infectious pop melodies and perfecting one key skill: honesty. "Whatever you're doing just has to be honest — that's really become the most important thing for me in my career," Mars explains. "There's something beautiful about being young, naive and uneducated ... you're just free to fly," Mars says. As Mars has learned, success feels "a lot better" when it's something you genuinely want, and worked hard for. Check out:3 things you're getting wrong about success, according to a millennial CEO: It's not just about 'money, control and power'

Persons: Bruno Mars, Mars, Elvis, Adele, Alicia Keys, Seth Gold, Marc Gold, Robert Herzig, SelvaRey, Warren Buffett, It's Organizations: CNBC, Altria, Marlboro, TakeLessons Locations: Hawaii, Los Angeles, U.S, SelvaRey Rum, Los, Angeles

☆ How Hip-Hop Changed the English Language Forever
▼ + stars: | 2023-08-11 | by ( Miles Marshall Lewis | ) www.nytimes.com time to read: +16 min

We unpacked five words — dope, woke, cake, wildin’ and ghost — that show rap’s unique linguistic influence. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc.

Persons: vibrancy, Dave, — Slick Rick, “, ”, �, Homer Simpson, Rihanna, “ FourFiveSeconds ”, wilding, Erykah Badu, Megan Thee, Spoonie Gee, Lil Wayne, Spivey’s, “ It’s, Pharrell Williams, Shameik Moore, Zoë Kravitz, ” “, Lana Del Rey, Joe, Marcus Garvey, Lauryn Hill, Marcus Garvey intoned, Ramblin ’ Thomas, William Melvin Kelley’s, presciently, Badu’s, repopularized “, Badu, ” — Childish Gambino, “ Redbone ”, Donald J, Kendrick Lamar’s, Joey Bada, Lil Durk’s, Ron DeSantis, Elon Musk, Sir, they’ve, Munch, Red’s, ” Megan Thee, Patty, Nicki Minaj, “ Heard, Jay, Stackin, Al Pacino, Tony Montana, Morton, wildin, illin, killin, “ Buck Whylin ’, Chuck D, “ Buck Whylin ’ ”, Tonya Harding, Nick Cannon’s, “ wilding ”, Barry Michael Cooper, “ Wilding, Donald Trump’s, Wildin, “ Stylin, — Bruno Mars, Greg Nice, “ Swayze, Patrick Swayze’s, Guy, ghosting, Glock, I’m Swayze, Jared Seay Organizations: Daily News, src, Google, Oxford English, Queens, MTV, New York Times, Trump, Republican, Hulu, WAP, raunch, “, Morton Music, Public, The Daily News, Central Park, Oxford, ”, Adidas, Royce Locations: Oxford, Ethiopia, Africa, Florida, America, U.S

Factors such as cheaper airfares and weaker currencies in Scandinavia could play a role, but one of the world's biggest tour operators TUI (TUI1n.DE) said on Wednesday that climate change will also drive more tourists northbound. Tour operators in places like northern Norway also see an increased demand. This had resulted in more direct flight routes to Northern Norway being created, it said. Heather Storgaard, a Scottish tourist, planned her summer vacation this year in Denmark, with a stop in Northern Germany. Wissenbach is often in Italy due to work but said she preferred the north for holidays.

Persons: Sebastian Ebel, Ebel, TUI, Fabio Scaglione, Diego Bruno, Bruno, Heather Storgaard, we'd, Margit Wissenbach, Joanna Plucinska, Marie Mannes, Rachel More, Alberto Chiumento, Mark Potter, William Maclean Organizations: Mastercard, TUI's, Stockholm, Thomson Locations: Europe, Denmark, Finland, Netherlands, Norway, Sweden, Scandinavia, Poland, Belgium, Greece, Rhodes, Northern Norway, Turin, Italy, Italian, Spain, Scottish, Northern Germany, France, Germany, Switzerland, Gothenburg, Wissenbach

☆ Factbox: European countries imposing windfall taxes on banks
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +4 min

But he and Finance Minister Bruno Le Maire have ruled out the possibility of a windfall tax. HUNGARYHungary's government has tweaked windfall taxes imposed on key sectors of the economy in a decree published in June, saying banks can reduce their 2024 windfall tax payments by up to 50% if they increase their Hungarian government bond purchases. ITALYItaly approved on Aug. 8 a one-off 40% tax on profits banks reap from higher interest rates and it plans to use the proceeds to help mortgage holders. LITHUANIALithuania's parliament approved in May a windfall tax on the banking industry's net interest income for 2023 and 2024 following a sharp rise in European Central Bank interest rates. It is expected to raise 6 billion Swedish crowns a year.

Persons: Ralph Orlowski, Emmanuel Macron, Bruno Le Maire, Christian Lindner, Alessandro Parodi, Matteo Allievi, Olivier Sorgho, Silvia Aloisi, Tom Sims, Holger Hansen, Marta Frąckowiak, Alexander Smith Organizations: Germany's Deutsche Bank, REUTERS, Finance, HUNGARY Hungary's, European Central Bank, Swedish Government, Thomson Locations: Frankfurt, Germany, Italy, CZECH REPUBLIC, Czech, France, GERMANY, HUNGARY, ITALY Italy, LITHUANIA, SPAIN Spain, SWEDEN, Britain

☆ Brazil courts private sector help to reforest the Amazon, minister says
▼ + stars: | 2023-08-07 | by ( Lisandra Paraguassu | ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows trees as the sun rises at the Amazon rainforest in Manaus, Amazonas State, Brazil October 26, 2022. REUTERS/Bruno Kelly/File PhotoBRASILIA, Aug 7 (Reuters) - Brazil's government wants the private sector to help reforest large swathes of the Amazon, the country's Environment Minister Marina Silva said in an interview, using concessions to replant some 12 million hectares (120,000 square km) of forest by 2030. The plan's outlines were sketched out in a briefing last week by President Luiz Inacio Lula da Silva, who has vowed to end Amazon deforestation by 2030. Concessions could also be granted to generate other products, like oilseeds, fibers and resins, along with potential carbon credit schemes. The vast Amazon rainforest is a key buffer against climate change.

Persons: Bruno Kelly, Marina Silva, Luiz Inacio Lula da Silva, Silva, Andre Lima, Jair Bolsonaro, Lisandra, Gabriel Stargardter, Brad Haynes, Richard Chang Organizations: REUTERS, country's, Reuters, Amazon Cooperation Treaty Organization, Thomson Locations: Manaus, Amazonas State, Brazil, BRASILIA, Brasilia, Colombia, Peru, Belem

☆ Man Utd sign Danish striker Hojlund from Atalanta
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Pre Season Friendly - AFC Bournemouth v Atalanta - Vitality Stadium, Bournemouth, Britain - July 29, 2023. Atalanta's Rasmus Hojlund during the warm up before the match Action Images via Reuters/Matthew Childs/File PhotoAug 5 (Reuters) - Manchester United have signed Denmark striker Rasmus Hojlund from Serie A side Atalanta on a five-year contract until 2028, the Premier League club said on Saturday. "It is no secret that I have been a fan of this great club since I was a small boy, and I dreamed of walking out at Old Trafford as a Manchester United player," Hojlund said. Hojlund, who previously played for FC Copenhagen and Sturm Graz, joined Atalanta at the start of the 2022-23 season and scored nine league goals in a breakout campaign. "Working under Erik ten Hag and his coaches will provide Rasmus with the perfect development platform," Manchester United football director John Murtough said.

Persons: Atalanta's Rasmus Hojlund, Matthew Childs, Rasmus Hojlund, Hojlund, Wout Weghorst, Erik, Bruno Fernandes, Mason Mount, Erik ten Hag, Rasmus, John Murtough, Andre Onana, United, Aadi Nair, Ken Ferris Organizations: Soccer Football, AFC Bournemouth, Atalanta, Manchester United, Denmark, Serie A, Premier League, FC Copenhagen, Sturm Graz, Inter Milan, Champions League, League, Thomson Locations: Bournemouth, Britain, Old Trafford, Denmark, Mount, Chelsea, Bengaluru

☆ Chile's Jara leads campaign for prostate testing eight years after "finger of god"
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ivan AlvaradoAug 5 (Reuters) - Chilean defender Gonzalo Jara, widely remembered for sticking his finger up Uruguay's Edinson Cavani's backside at the 2015 Copa America, has become the face of a campaign to promote prostate testing for cancer prevention in his country. Jara's gesture, dubbed "the finger of god", earned him a three-match suspension, which ruled him out from the rest of the tournament. "With that in mind, and to take care of an important member of this great football family, we take advantage of this Superclasico to make a call for prevention and self-care of prostate cancer." The 37-year-old Jara has won 115 international caps and is with Coquimbo in Chile's top flight after stints in England, Germany, Argentina and Mexico. Reporting by Janina Nuno Rios in Mexico City, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Sandro Ricci, Chile's Gonzalo Jara, Ivan Alvarado, Gonzalo Jara, Jara, Francisca Mora, Dr Bruno Nervi, Janina Nuno Rios, Pritha Sarkar Organizations: America, REUTERS, Copa, Argentina, TNT, Universidad de Chile, Colo Colo, Warner Bros, Chile Sin Cancer, Thomson Locations: Santiago , Chile, Chilean, Chile, Uruguay, Jara, Coquimbo, Chile's, England, Germany, Argentina, Mexico, Mexico City

☆ Ten Hag primed to end false dawns at Man United
▼ + stars: | 2023-08-04 | by ( Aadi Nair | ) www.reuters.com time to read: +3 min

Since United last won the Premier League title under Alex Ferguson in 2013, David Moyes, Louis van Gaal, Jose Mourinho and Ole Gunnar Solskjaer have all failed to revive former glories - but Ten Hag appears to be making progress. Last year, he took charge of a United side that had collected their lowest-ever Premier League points tally (58) in the 2021-22 season and were in a five-year trophy drought. The turnaround has been remarkable, with a top-four finish in the Premier League, the League Cup trophy and a place in the FA Cup final to show for last season. "I think the difference is, with reference to last year, now we have the foundation with this squad," Ten Hag told reporters. If Ten Hag can stop the uncertainty over the club's ownership from spilling over into his dressing room, United have reason to believe they can challenge seriously to win the Premier League and end the recent dominance of Manchester City.

Persons: Erik, Hag, Tony Obrien, Alex Ferguson, David Moyes, Louis van Gaal, Jose Mourinho, Ole Gunnar Solskjaer, Bruno Fernandes, Lisandro Martinez, England's Mason, Andre Onana, David de Gea, Dane Rasmus Hojlund, Marcus Rashford, Cristiano, Harry Maguire, Aadi Nair, Ed Osmond Organizations: Soccer, Manchester United, Newcastle United, Wembley, Carabao, United, Premier League, Ajax, League, FA, Liverpool, Brentford, Manchester City, Sevilla, Atalanta, United's U.S, Wolverhampton Wanderers, Thomson Locations: London, Britain, Casemiro, Bengaluru

☆ German tourists blamed for toppling 150-year-old Italian statue
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

ROME, Aug 3 (Reuters) - A group of young German tourists posing for pictures to post on social media have been accused of toppling a valuable statue at a villa in northern Italy, the villa's manager said on Thursday. Golferini said he had lodged a complaint with the local police against all 17 German tourists who were in the group renting the villa. They have left Italy since the incident on Monday that was captured by the villa's surveillance cameras. There was anger in Italy in June when a tourist from England was pictured on social media scribbling the graffiti "Ivan + Hayley 23" on a wall at the Colosseum in Rome. ($1 = 0.9158 euros)Writing by Keith Weir; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Enrico Butti, Bruno Golferini, Villa Alceo, Golferini, Domina, Ivan, Hayley, Keith Weir, Barbara Lewis Organizations: Thomson Locations: Italy, Viggiu, England, Rome

☆ Sweden and Denmark consider ban on Quran-burning protests as security fears rise
▼ + stars: | 2023-08-02 | by ( Christian Edwards | ) edition.cnn.com time to read: +8 min

CNN —A spate of Quran-burning protests in Sweden and Denmark has caused angry demonstrations in Muslim-majority countries, heightened security fears at home and left both Scandinavian nations questioning whether they need to review their liberal laws on freedom of speech. But both countries signaled Sunday that they are exploring legal ways to prevent such protests, amid security and geopolitical concerns. While freedom of speech has long been a constitutional right in Sweden and Denmark, the scrapping of blasphemy laws was a more recent development. But neither country tightened their free speech laws in response to these attacks. “Sweden is right now the target of influence campaigns, supported by states and state-like actors, whose purpose is to harm Sweden and Swedish interests,” said Bohlin.

Persons: “, Ulf Kristersson, Denmark “, Salwan Momika, Momika, Ahmad Al, ” Marten Schutlz, ” Sofie Blomback, ”, Bruno Jerup, Chris McGrath, Blomback, Lars Lokke Rasmussen, Sweden’s Kristersson, Posten, Prophet Mohammed, Lars Vilks, Mohammed, ” Kristersson, Carl, Oskar Bohlin, ” Bohlin, ” Schulz Organizations: CNN, NATO, of Islamic Cooperation, ”, Danish, Protesters, Getty, Stockholm University, Sweden’s, Appeal, Mid Sweden University, Sweden’s Civil Defense Locations: Sweden, Denmark, Stockholm, Turkey, Danish, Copenhagen, ” Sweden, Iraqi, Sweden's, Baghdad, Iraq, AFP, Swedish, United States, Istanbul, Ukraine, Vilnius, Turkish, Russia

☆ Le Maire says France wants better China market access
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: 1 min

BEIJING, July 30 (Reuters) - French Finance Minister Bruno Le Maire said in Beijing on Sunday his country wants to get better access to Chinese markets. To have a balanced trade relationship with China, France needs to export more goods to China, he told a press conference after meeting Chinese officials. Le Maire said France was on the right track, paving the way to better access to the Chinese market for French cosmetics, adding he opposed the "illusion" of countries "decoupling" from China. There was no possibility of decoupling among China, the U.S. and Europe, the minister said. It would be good to have Chinese companies investing and developing their activities in Europe, Le Maire said.

Persons: Bruno Le Maire, Le Maire, Martin Pollard, Kevin Yao, William Mallard Organizations: French Finance, Thomson Locations: BEIJING, Beijing, China, France, U.S, Europe

[1/5] China's Vice Premier He Lifeng and French Economy and Finance Minister Bruno Le Maire attend the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas PeterBEIJING, July 29 (Reuters) - China hopes France can "stabilise the tone" of EU-China relations, vice-premier He Lifeng told a senior French minister in Beijing on Saturday, as European leaders debate how to "de-risk" but also cooperate with the world's second-largest economy. "It is hoped that France will stabilise the tone of friendly cooperation between China and the EU," He said in opening remarks before an afternoon of discussions at Beijing's Diaoyutai State Guest house, adding that China believes its bilateral ties with France "have a good foundation". "It is essential to think about the expansion and deepening of economic and financial cooperation between France and China," La Maire said. "We would like to welcome major new investments from China to French territory."

Persons: Lifeng, Bruno Le Maire, Thomas Peter BEIJING, State Anthony Blinken, Janet Yellen, Le Maire, La Maire, Joe Cash, Layli Foroudi, Liz Lee, Lincoln, Giles Elgood Organizations: China's, Finance, France Economic, REUTERS, Economy, Beijing's, U.S, State, Economic, European Union, Union, Huawei, Thomson Locations: French, China, France, Diaoyutai, Beijing, EU, United States, Russia, Paris

The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, May 12, 2023. United Launch Alliance still plans to fly its heavy-lift Vulcan rocket by late 2023 — despite suffering a mishap earlier this year after an engine exploded during testing. CNBC previously reported that one of Blue Origin's BE-4 engines, ordered for ULA's second Vulcan rocket launch, detonated last month. United Launch Alliance, the joint venture of Lockheed Martin and Boeing , is one of two key launch partners for the satellite project, in addition to Jeff Bezos-backed Blue Origin. Once United Launch Alliance successfully conducts its first two Vulcan missions, the U.S. Space Force will consider clearing the heavy rocket for national security launches.

Persons: —, Origin's, ULA, Tory Bruno, Bruno, Lockheed Martin, Jeff Bezos, Morgan Brennan, Vulcan Organizations: Cert, SLC, United Launch Alliance, CNBC, Vulcan, Kennedy Space Center, Lockheed, Boeing, U.S . Space Force, SpaceX, National Reconnaissance Organization, Space Force Locations: Cape Canaveral , Florida, U.S, ULA, China

☆ French, Spanish economies grow at sustained pace in second quarter
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

PARIS/MADRID, July 28 (Reuters) - The French and Spanish economies grew at a sustained pace in the second quarter on the back of stronger exports and tourism, statistics agencies said on Friday, auguring a possible euro zone rebound. France's gross domestic product expanded in the second quarter a faster-than-expected 0.5% from the preceding quarter, while the Spanish economy grew 0.4%, according to data from INSEE and INE, as the French and Spanish statistics agencies are respectively known. The data from French and Spanish economies, respectively the euro zone's second- and fourth-largest, bode well after the euro zone's growth was 0% in the first quarter of this year. The French economy sped up from a revised 0.1% in the first quarter, INSEE said in its quarterly GDP report. Unlike France and Spain, Austria, a much smaller economy, shrank 0.4% in the second quarter due to a slowdown in construction and industry.

Persons: auguring, Bruno Le Maire, bode, Nadia Calvino, Tassilo Hummel, Inti, Dominique Vidalon, Christopher Cushing, Nick Macfie Organizations: PARIS, Finance, RTL, Thomson Locations: MADRID, Spanish, Spain, France, Austria

☆ Szafnauer to exit misfiring Alpine, Fry joins Williams
▼ + stars: | 2023-07-28 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

SummaryCompanies Famin to replace Szafnauer as interim Alpine principalTop engineers Permane and Fry also leavingShakeup follows departure of Alpine CEO RossiFry moving to WilliamsSPA-FRANCORCHAMPS, Belgium, July 28 (Reuters) - Otmar Szafnauer will leave Renault-owned Alpine after Sunday's Belgian Grand Prix with Bruno Famin appointed interim principal on another day of upheaval that exposed rifts within the misfiring Formula One team. Alpine Academy director Julian Rouse was named as Permane's interim replacement while Matt Harman leads the technical team at Enstone. Rossi warned in May he would make changes if performances did not improve, and said the buck stopped with Szafnauer. Williams said Fry, who has had senior roles at both McLaren and Ferrari, will start work on Nov. 1. "His knowledge and experience will further strengthen the team's technical capabilities and pursuit of excellence as we build the next chapter of Williams," said principal James Vowles.

Persons: Szafnauer, Permane, Fry, Shakeup, Rossi Fry, Bruno Famin, Alan Permane, Pat Fry, Williams, Julian Rouse, Matt Harman, Aston Martin, Famin, Oscar Piastri, Fernando Alonso, Laurent Rossi, Rossi, it's, James Vowles, Pat, Alan Baldwin, Andrew Cawthorne, Christian Radnedge, Pritha Organizations: Alpine, SPA, Renault, Belgian, Prix, Alpine Academy, Aston, McLaren, Formula, Ferrari, Thomson Locations: Belgium

☆ On Ibiza, a Celebration of Summer Love
▼ + stars: | 2023-07-27 | by ( Sophie Bew | ) www.nytimes.com time to read: +1 min

Video Credit Credit... For our 2023 Summer Entertaining Issue , T stops by dinner parties from Ibiza to Long Island — and shares recipes for the best warm-weather snacks and spritzes. - Three Easy Summer Dishes: The French chef Yann Nury elevates classic seasonal recipes with fresh flavor combinations and a few luxurious additions. - Host Gift Guide: What T’s editors and contributors are bringing to thank their hosts this summer, including surreal serving spoons and cozy quilts. The attendees: “It was about bringing our love for the island, love for each other, love for our friends and the business all together,” Rajani, 37, said. He and Shapiro, 42, invited friends including the publicists Nan Richards, 62, and Bruno Busson, 34; the stylist Rahi Chadda, 30; and the magazine editor Tobias Frericks, 45.

Persons: Yann Nury, ” Rajani, Shapiro, Nan Richards, Bruno Busson, Rahi Chadda, Tobias Frericks, Patrick Cox, Johanna Carlsson, Daniela Agnelli Organizations: Credit Locations: Ibiza, Long, French, Amsterdam

☆ Unilever quarterly sales beat estimates, boost shares
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration/File PhotoSummaryCompanies Underlying sales, price, volume growth beat forecastsPast peak cost inflation -finance chiefFocus is on volume growth -finance chiefShares jump 5%LONDON, July 25 (Reuters) - Unilever (ULVR.L) on Tuesday beat underlying sales growth forecasts after again raising prices to offset higher costs, boosting shares in the maker of Dove soap and Ben & Jerry's ice cream. The British company reported a 7.9% rise in underlying second-quarter sales, beating analysts' average forecast of 6.4%, a company-provided consensus showed. The company said it expects underlying sales growth for the full year to be above 5%, ahead of its multi-year range, with underlying price growth continuing to moderate through the year. Unilever said the percentage of its "business winning market share" had reduced to 41%. The metric assesses what percentage of the company's revenue is coming from areas in which it is gaining market share on a rolling 12-month basis.

Persons: Dado Ruvic, Hein Schumacher, Alan Jope, Jochen Kurz, Alan, Kurz, Graeme Pitkethly, Janus Henderson, Bernstein, Bruno Monteyne, Hein Schumacher’s, Richa Naidu, Jason Neely Organizations: REUTERS, Unilever, British, Kurz, Rivals, Nestle, Thomson Locations: Russia, Ukraine

Finance Minister Bruno Le Maire said on June 9 he had secured a pledge from 75 food companies to cut prices. French shoppers have paid more than 20% more for Nestle products each month since January versus last year, the data showed, and price increases peaked at 36.6% in May. Nestle, whose brands include Maggi stock cubes and Kit Kat chocolate bars, declined to comment. Similarly, stores sold products made by Activia yogurt owner Danone for between 11.2% and 16.7% more than last year in the first six months of the year. The NielsenIQ data shows the final prices retailers charge shoppers, and does not necessarily only reflect the prices food companies ask for from stores.

Persons: Arnd, Bruno Le Maire, Bernstein, Kat, Le Maire's, Jack Martin, Janus Henderson, Gaurav Gooptu, Richa Naidu, Sybille de La, Matt Scuffham, Sharon Singleton Organizations: Swiss, Nestle, REUTERS, Danone, Finance, Reuters, Reuters Graphics Reuters, Oberon Investments, U.S, Consumers, BNP, Thomson Locations: Bern, Konolfingen, Switzerland, France

☆ Exclusive: Airbus weighs separate boss for planemaking arm - sources
▼ + stars: | 2023-07-24 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

[1/2] Airbus CEO Guillaume Faury takes part in a panel discussion at the International Air Transport Association's (IATA) Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. That mirrors a structure under which the planemaking business technically owns the two smaller divisions, Helicopters and Defence & Space, following an internal merger. Airbus says it is no longer politically driven following an agreement to limit government interference a decade ago. But such a structure would draw inevitable comparisons with the era of former planemaking chief Fabrice Bregier, who left Airbus in 2018 after a power battle with then CEO Tom Enders. INTERNAL BALANCEHaving a visible planemaking leader would more closely echo rival Boeing (BA.N), each of whose divisions has its own boss.

Persons: Guillaume Faury, Brian Snyder, Faury, apppointed, Fabrice Bregier, Tom Enders, Bruno, Alberto Gutierrez, Tim Hepher, Mark Potter Organizations: International Air Transport, REUTERS, Airbus, Helicopters, Defence, Space, Airbus Helicopters, Boeing, Thomson Locations: Boston , Massachusetts, U.S, France, Germany, Spain, Ukraine

The euro slipped 0.25% against the dollar, government bond yields across the bloc edged lower while European stock markets dipped, with Spain's benchmark index down 0.65% in a clear underperformance. Meanwhile, U.S. stock futures , rose 0.2% and 0.3%, respectively, pointing to a positive open for Wall Street. With the Federal Reserve, European Central Bank and Bank of Japan meeting this week, a note of caution underpinned the mood across global markets. The benchmarks continued their fourth straight of week of gains last week, as supply is expected to tighten following OPEC+ cuts. HOST OF EARNINGSOn top of central bank meetings and economic data, investors also braced for a slew of earnings from both sides of the Atlantic.

Persons: Kai Pfaffenbach, Bruno Schneller, Schneller, Eddie Cheng, Allspring's Cheng, SPAIN UNDERPERFORMS, Fiona Cincotta, Nell Mackenzie, Dhara, Wayne Cole, Amanda Cooper, Peter Graff Organizations: REUTERS, Nasdaq, Fed, ECB London, Wall, Federal Reserve, European Central Bank and Bank of Japan, ECB, INVICO Asset Management, Bank of Japan, Japan's Nikkei, Allspring Global Investments, Brent, . West Texas, Intel, Microsoft, GE, Boeing, Exxon Mobil, Coca Cola, Ford, GM, U.S, Thomson Locations: Frankfurt, Germany, Spain, U.S, Spain's, Asia, Pacific, Japan, Ukraine, Russia, China, SPAIN, SPAIN UNDERPERFORMS Spain, Sunday's, Basque, Catalan, Coca, London, SYDNEY

☆ What are the Women’s World Cup armbands and why were they created?
▼ + stars: | 2023-07-24 | by ( Matt Foster | ) edition.cnn.com time to read: +6 min

What are the eight Women’s World Cup armbands? The eight different armbands each carry a “specific message” according to FIFA, falling under the governing body’s “Football Unites the World” campaign and in partnership with various United Nations’ agencies and the World Health Organization (WHO). During last year’s men’s World Cup in Qatar, a number of European captains withdrew from wearing an armband adorned with a heart striped in different colors as part of the “OneLove” campaign. England captain Millie Bright said she planned to wear three different armbands for each of her team’s group stage matches. “Nothing stopping Ali Riley from showing PRIDE at the World Cup this summer,” the website Women’s Sport Exchange tweeted.

Persons: Ali Riley, Steph Catley –, Sam Kerr, –, Qatar Bruno Fahy, Gianni Infantino, Millie Bright, ” Bright, ” Sarah Gregorius, “ You’ve, ’ ” Gregorius, Zealander Riley’s, Riley, Amanda Davies, ”, “, ” Ali Riley, Saeed Khan, Jennifer Garner, Angel City’s Organizations: CNN, New Zealand, Football Ferns, Inclusion, Australia, Indigenous Peoples, Ireland, FIFA, body’s “ Football, United Nations, World Health Organization, WHO, UN Human, Equality, UN, Peace –, UNHCR, UN Refugee Agency, Education, –, Cultural Organization, UNESCO, UN Women, Qatar, Getty, Football, “ Football, Reuters, “, FIFPRO, Zealander, Norway, Angel City FC, PRIDE, Exchange Locations: Norway, Sydney, Qatar, England, Netherlands, Germany, Eden, Auckland, AFP

The IRA includes a clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin. That is important because it qualifies automakers using U.S.-recycled battery materials for EV production incentives. China handles virtually all EV battery recycling in a global market projected to grow from $11 billion in 2022 to $18 billion by 2028, according to research firm EMR. The volume of EV batteries available for recycling should grow over tenfold by 2030, said consultant Circular Energy Storage. In Europe, EV batteries are currently shredded into "black mass" that is shipped to China for recycling.

Persons: Marc Trent, Charles Trent, Nick Carey POOLE, Thomas Becker, Louie Diaz, Diaz, JB Straubel, Mike O'Kronley, Christian Marston, deconstruct, Bruno Thompson, Thea Soule, Soule, Kurt Vandeputte, Becker, We've, Nick Carey, Paul Lienert, Ben Klayman, Claudia Parsons Organizations: Charles Trent Ltd, REUTERS, Reuters, BMW, Redwood Materials, European Union, EV, Energy Department, Altilium Metals, recyclers, U.S, CES, Cambridge, Battery Recycling Company, EU, Nissan, Nio, Victoria Waldersee, Thomson Locations: Poole , Britain, England, U.S, North America, China, New York, Nevada, America, Georgia, Kentucky, EVs, Bulgaria, Europe, Poole, Dallas , Texas, Japan, HK, Poole , England, Detroit, Berlin

☆ Macron reshuffles ministers after French riots "stunned" country
▼ + stars: | 2023-07-20 | by ( Michel Rose | ) www.reuters.com time to read: +3 min

[1/2] French Junior Minister for Public Accounts Gabriel Attal speaks during a debate on the pension reform plan at the National Assembly in Paris, France February 17, 2023. REUTERS/Sarah Meyssonnier/File PhotoPARIS, July 20 (Reuters) - French President Emmanuel Macron on Thursday reshuffled his ministers for key domestic portfolios such as education, housing and urban affairs, as his government begins its response to riots that shook the country three weeks ago. Borne, Finance Minister Bruno Le Maire, Foreign Minister Catherine Colonna and Interior Minister Gerald Darmanin all remained in place. "We're in a spirit of continuity but let's not pretend as if there hasn't been something that stunned the country for a few nights," he told them. Other figures who had caused embarrassment to the government in recent months, including a junior minister who had posed for the cover of Playboy magazine during the pension reform crisis, left the cabinet.

Persons: Gabriel Attal, Sarah Meyssonnier, Emmanuel Macron, Macron, Pap, Sabrina Agresti, Aurelien Rousseau, Elisabeth Borne's, Bruno Le Maire, Catherine Colonna, Gerald Darmanin, Borne, Michel Rose, Dominique Vidalon, Sudip Kar, Alison Williams Organizations: French Junior, Public, National Assembly, REUTERS, Finance, Playboy, Thomson Locations: Paris, France, Algerian, North, Dunkirk, Borne

☆ Fernandes replaces Maguire as new Man Utd captain
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

July 20 (Reuters) - Portuguese midfielder Bruno Fernandes has been named as the new captain of Manchester United, the Premier League club said on Thursday. The 28-year-old will replace defender Harry Maguire, who was stripped of the team captaincy by manager Erik ten Hag after the England international failed to secure a place in the first team. Fernandes drew criticism for his petulant performance in the 7-0 loss to rivals Liverpool in March. United will be back in action in next season's Champions League after failing to qualify for the tournament in the 2021-22 campaign. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Bruno Fernandes, Harry Maguire, Erik, Hag, Fernandes, Maguire, Sir Matt Busby, United's, Pearl Josephine Nazare, Christian Radnedge Organizations: Manchester United, Premier League, England, United, Liverpool, Old Trafford, Ligue, Olympique Lyonnais, Arsenal, Wrexham, Real Madrid, Borussia Dortmund, League, Thomson Locations: Portuguese, United States, Bengaluru

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