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Shelbourne goalkeeper leaves club for Love Island
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +1 min
June 15 (Reuters) - Irish side Shelbourne are grappling with an unconventional transfer after goalkeeper Scott van der Sluis announced he was leaving to participate in dating reality show "Love Island". Van der Sluis, a former Wales youth international, is heading to Spain after requesting an early release from his contact to take a break from his professional career. Shelbourne boss Damien Duff was amused by Van der Sluis' decision. "I was shocked and saddened that Scott chose a villa in Mallorca full of beautiful, single women over myself, the staff and the players," ex-Ireland winger Duff joked. "All jokes aside, I thank Scott for his services to Shelbourne FC and we all wish him the very best for the future, whatever that holds."
Persons: Scott van der Sluis, Van der, Damien Duff, Van der Sluis, Scott, Duff, Hritika Sharma, Conor Humphries Organizations: Shelbourne, Wales, British, Wednesday, Shelbourne FC, Thomson Locations: Spain, Mallorca, Hyderabad
Tourist dies after attack near Germany's Neuschwanstein Castle
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, June 15 (Reuters) - One of two female tourists attacked by an American man near the world-famous Neuschwanstein Castle in southern Germany has died, German police said on Thursday. "According to the current state of knowledge, an attempted sexual offence to the detriment of the 21-year-old must be assumed," said police in a statement in English. The 21-year-old was also pushed down the slope, where she came to rest after falling nearly 50 metres, they added. Neuschwanstein Castle, about 105 km (65 miles) south-west of Munich, is one of the most popular destinations in Europe. According the castle's website, about 1.4 million people visit the castle annually, and in the summer months the castle counts more than 6,000 visitors on average daily.
Persons: Miranda Murray, Madeline Chambers, Conor Humphries, Alex Richardson Organizations: Thomson Locations: BERLIN, American, Germany, Neuschwanstein, Munich, Europe
LONDON, June 15 (Reuters) - Hawkish central banks have sent a resounding "no" to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches. "Markets have been wrong not only in their interpretation of the data but of the central bank reaction," he added. "Even though inflation is coming down, you are still getting that phase were the central banks think they need to talk hawkishly about this." Canada last week restarted rate hikes, Australia has come off a pause and Norway may have to accelerate hikes next week. BofA now expects two 25 bps interest rate hikes from the Fed this year, JPMorgan sees only one more and Morgan Stanley sees none.
Persons: Jason Simpson, Shorter, BofA, Morgan Stanley, Mark Nash, Nash, Kaspar Hense, Michael Michaelides, Shamik, BoE, they're, Dhar, Naomi Rovnick, Dhara Ranasinghe, Conor Humphries Organizations: U.S . Federal Reserve, European Central Bank, Bank of England, State, Bank of Japan, Treasury, JPMorgan, BlueBay Asset Management, BNY Mellon Investment Management, Thomson Locations: U.S, Canada, Australia, Norway, Shamik Dhar
DUBLIN, June 14 (Reuters) - Irish fintech Wayflyer has renewed a $300 million debt line with J.P. Morgan (JPM.N), a step it said underscores the security of its finance base as clients focus more on the source of revenue-based lenders' funds after the collapse of Silicon Valley Bank. Corbett declined to disclose the new terms but said that while all debt is now more expensive, the renewed line likely gives Wayflyer the most competitive cost base in the market. Corbett said deteriorating macroeconomic conditions forced it to take a more conservative stance in the second half of the year. Wayflyer cut its workforce by 40% to 300 last November in response, but continues to operate in 12 markets. Wayflyer's revenue is up around 30% year-on-year so far in 2023, Corbett said, with demand in the U.S. "still extremely strong."
Persons: Wayflyer, Morgan, Aidan Corbett, Corbett, Padraic Halpin, Conor Humphries Organizations: DUBLIN, Silicon Valley Bank, Wayflyer, Bank, Reuters, Credit Suisse, Thomson Locations: Silicon, J.P, Europe, U.S
Avolon says $4 trln needed to transform global jet fleet
  + stars: | 2023-06-13 | by ( Tim Hepher | ) www.reuters.com   time to read: +2 min
REUTERS/Mike BlakePARIS, June 13 (Reuters) - Global aviation needs $4 trillion of capital over the next 20 years to fund new commercial deliveries and transform the world's fleet, leasing firm Avolon said on Tuesday. The world's commercial passenger aircraft fleet is set to nearly double to 46,880 aircraft by 2042, the Dublin-based firm predicted. Environmental critics say such rapid growth of commercial aviation is at odds with its environmental objectives. Avolon has said the main focus should be on increasing the supply of Sustainable Aviation Fuels. Europe's Airbus will maintain leadership of the narrow-body market with its current 53% share of the fleet rising to 58% by 2042, Avolon predicted.
Persons: Mike Blake PARIS, Avolon, Tim Hepher, Conor Humphries Organizations: Delta Airlines, REUTERS, Global, . Airlines, Sustainable Aviation Fuels, Airbus, Boeing, Embraer, Thomson Locations: San Diego , California, U.S, Dublin, China
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 9, 2023. REUTERS/StaffLONDON, June 13 (Reuters) - Global shares rose on Tuesday, taking their lead from an upbeat session on Wall Street ahead of key U.S. inflation data that could shape the outlook for Federal Reserve monetary policy. Money markets show traders now anticipate a peak in UK rates at around 5.6% by February, up from a terminal rate of 4.85% by November a month ago. In currencies, the dollar index , which measures the performance of the U.S. currency against six others, fell 0.2% to 103.32. Sterling rose 0.4% against the dollar to $1.2567 after the UK wage data , while the euro rose 0.4% to $1.0796.
Persons: Michael Hewson, it’s, BoE, we've, Fiona Cincotta, Farouq Suleiman, Julie Zhu, Christopher Cushing, Jamie Freed, Simon Cameron, Moore, Conor Humphries Organizations: REUTERS, Staff LONDON, Federal Reserve, Nvidia, Nikkei, Nasdaq, Amazon, Apple, Reserve Bank of Australia, Bank of Canada, Fed, ECB, Bank of England, European Central Bank, Bank of, Sterling, Thomson Locations: Frankfurt, Germany, Europe, Swedish, Bank of Japan, London, Hong Kong
MEXICO CITY, June 13 (Reuters) - The mayor of the violent border city Tijuana in northern Mexico, Montserrat Caballero, has moved into military barracks for her safety after she received threats, the president said on Tuesday. Just south of San Diego in California, Tijuana has become one of Mexico's most dangerous cities as criminal groups fight over drug trafficking routes to the United States. "She's being protected, since about two weeks ago," Andres Manuel Lopez Obrador said during his regular press conference. Murder rates fell last year but the government of Lopez Obrador is still on track to register a record total of murders for any six-year administration. Reporting by Stefanie Eschenbacher and Raul Cortes; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: Montserrat Caballero, Andres Manuel Lopez Obrador, Lopez Obrador, Caballero, Lopez, I've, Stefanie Eschenbacher, Raul Cortes, Conor Humphries Organizations: MEXICO CITY, Regeneration, Thomson Locations: MEXICO, Tijuana, Mexico, Montserrat, San Diego, California, United States
AMSTERDAM, June 13 (Reuters) - A Dutch intelligence agency tipped off the CIA about an alleged Ukrainian plan in June 2022 to blow up the Nord Stream pipeline, Dutch national broadcaster NOS reported on Tuesday. The NOS report, which was compiled with help from leading German media outlets, did not identify its sources. It said that the Dutch military intelligence agency MIVD had warned the CIA of the existence of such a plan, leading to a warning from Washington to Kyiv not to attack the pipeline. Unexplained explosions ruptured both Nord Stream 1 and the newly built Nord Stream 2 pipelines, carrying gas from Russia to Germany under the Baltic Sea, in September. Moscow accused investigators of dragging their feet and trying to conceal who was behind the attack.
Persons: MIVD, Toby Sterling, Conor Humphries Organizations: CIA, Dutch, NOS, NATO, Thomson Locations: AMSTERDAM, Dutch, Washington, Kyiv, Russia, Germany, Baltic, Sweden, Denmark, Moscow, Ukraine
"It is with sadness that we announce the transition into eternal glory of John Fru Ndi on June 12, 2023, at 11:30 p.m.," it said. "I salute the memory of a singular, charismatic and courageous leader," said current opposition leader Maurice Kamto. An English-speaking businessman from Cameroon's northwest region, Fru Ndi formed the SDF, the first opposition party in the bilingual Central African country, which is dominated by its French-speaking majority. Fru Ndi claimed the vote had been rigged and he was placed under house arrest as riots swept opposition strongholds. As Biya's grip on power tightened, Fru Ndi secured fewer votes, according to official figures.
Persons: John Fru Ndi, Paul Biya, Fru Ndi, Moussa Faki, Maurice Kamto, Ndi, Cameroon's, Akere Muna, Akintunde, Cabral Libii, Biya, Amindeh Blaise Atabong, Nellie Peyton, Anait, Edward McAllister, Conor Humphries Organizations: Social Democratic Front, Union's, Central, REUTERS, Cameroon People's Democratic, Thomson Locations: YAOUNDE, Central, Cameroon's, Central African, Cameroon, Yaounde, CAMEROON, U.S
June 12 (Reuters) - The Federal Trade Commission asked a court to temporarily block Microsoft Corp's (MSFT.O) acquisition of Activision Blizzard (ATVI.O) on Monday, seeking to halt the deal from closing before the government's case against the $69 billion deal is heard. The FTC said Microsoft and Activision had signaled the deal could close as soon as Friday and asked a federal judge to block any final agreement before 11:59 p.m ET June 15. Shares in Microsoft closed up 1.5% Monday, while Activision fell 0.8%. "We welcome the opportunity to present our case in federal court," said Microsoft president Brad Smith in a statement. When announcing the deal in January 2022, Microsoft said they expected it would close in their 2023 fiscal year, which ends in June.
Persons: Brad Smith, Joe Biden, Rami Ayyub, David Shepardson, Doina Chiacu, Nick Zieminski, Conor Humphries, Anna Driver Organizations: Federal Trade Commission, Microsoft, Activision Blizzard, FTC, Activision, Nintendo, Sony Group, EU, Sony, U.S, Thomson Locations: Washington
LONDON, June 12 (Reuters) - Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies' currencies in the face of a dollar that is set to remain strong. "We upgrade our stance on EM local currency bonds to bullish, where we have held a neutral stance for much of the year," Morgan Stanley strategist James Lord said in a note to clients dated Friday. In a note published on Friday, JPMorgan moved its recommendation emerging market local bonds back to "overweight" from "market weight". "We prefer EM local to hard currency bonds for 2H23," Luis Oganes, head of global macro research at JPMorgan wrote in a note to clients. Emerging market central banks had been quick to raise rates in 2021, frontrunning major peers such as the U.S. Federal Reserve and the European Central Bank.
Persons: Morgan Stanley, James Lord, Lord, Luis Oganes, Oganes, frontrunning, Karin Strohecker, Conor Humphries Organizations: FX, JPMorgan, U.S . Federal Reserve, European Central Bank, Thomson Locations: Hungary, Uruguay, America
June 12 (Reuters) - The U.S. Federal Trade Commission will seek a court order to block Microsoft Corp's (MSFT.O) acquisition of Activision Blizzard (ATVI.O), a source familiar with a planned court filing said on Monday. Shares in Microsoft rose 0.8% Monday, while Activision fell 0.5%. The FTC plans to make the filing seeking the order in the Northern District of California, the source said. "We welcome the opportunity to present our case in federal court," said Microsoft president Brad Smith in a statement. But antitrust experts say the FTC faces an uphill battle to convince a judge to block the deal because of the voluntary concessions offered by Microsoft to allay fears it could dominate the gaming market.
Persons: Brad Smith, Joe Biden, Rami Ayyub, David Shepardson, Doina Chiacu, Nick Zieminski, Conor Humphries Organizations: U.S . Federal Trade Commission, Microsoft, Activision Blizzard, FTC, Activision, Nintendo, Sony Group, EU, Northern District of, Sony, U.S, Thomson Locations: Northern District, Northern District of California, Washington
Silvio Berlusconi’s memorable quotes and quips
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +4 min
Here are some of his memorable quotes and quips:DEC 2022: Berlusconi tells players of his Monza soccer team he would bring "a bus of whores into the locker room" if they managed to beat a top Serie A rival. FEB 2006: "I am the Jesus Christ of politics," Italian media quoted Berlusconi as telling supporters. Mussolini sent people on holiday in (internal) exile," Berlusconi tells Britain's Spectator magazine, replying "yes" when asked if he thought the World War Two dictator was "benign". You'd be perfect," Berlusconi told German lawmaker Martin Schulz, who was heckling him during his debut at the European Parliament. OCT 2001: Berlusconi causes outcry in the Muslim world when he says the West "should be conscious of the superiority of our civilisation."
Persons: Silvio Berlusconi, Berlusconi, Vladimir Putin, Putin, de Silvio Berlusconi, Remo Casilli, Barack Obama, Christ, Tarja Halonen, Mussolini, Mr Schulz, You'd, Martin Schulz, Josep Pique, Conor Humphries Organizations: Monza, Serie, Food Safety Authority, Britain's Spectator, Rome, Thomson Locations: whores, West, Ukraine, Milan, Abruzzo, Rome, Italie, United States, Finnish, Italy, Spain
BRUSSELS/WARSAW, May 30 (Reuters) - The European Commission and U.S. State Department have expressed concern about a new Polish law they say could effectively ban individuals deemed to have acted under Russian influence from holding public office without providing proper judicial review. The law, which Poland's president on Monday said he would sign into law, was developed by the eurosceptic and nationalist ruling PiS party ahead of parliamentary elections due in October or November. Poland's foreign ministry rejected the criticism, saying the law provided for "due process in a fair procedure". "We have a special concern now about the situation in Poland with the creation by law of a special committee able to deprive citizens, individuals, from their right to be elected to public office," EU Justice Commissioner Didier Reynders said. Any party subject to the commission's decision will have the right to appeal in an administrative court, the ministry said.
Washington and Tokyo vow closer chip cooperation
  + stars: | 2023-05-27 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Nishimura Yasutoshi, Minister of Economy, Trade and Industry (METI), talks during an interview with Reuters in Tokyo, Japan, April 5, 2023. In a joint statement, the two countries agreed to increase cooperation between their research and development hubs, as they map out future technology collaboration. The statement came after Japan's Minister of Economy, Trade and Industry Yasutoshi Nishimura met in Detroit with U.S. Secretary of Commerce Gina Raimondo. The two countries agreed to work together "to identify and resolve geographic concentrations of production undermining semiconductor supply chain resilience". Raimondo on Thursday met China's Minister of Commerce Wang Wentao in Washington where the pair exchanged views on trade, investment and export policies.
Separately, senior Ukrainian officials indicated their forces were ready to launch a long-promised counteroffensive to recapture territory taken by Russia since the start of the war. In a statement on Telegram, Ukraine Deputy Defence Minister Hanna Maliar said Russian forces were continuing to attack but that overall offensive activity had decreased. Kyiv is expected to soon launch a highly anticipated counteroffensive to retake Russian-occupied territory. Ukraine's top general, Valeriy Zaluzhnyi, posted a sleekly produced video on Saturday showing Ukrainian troops swearing an oath and preparing for battle. Reporting by Dan Peleschuk and David Ljunggren; Editing by Conor Humphries and David GregorioOur Standards: The Thomson Reuters Trust Principles.
NATO urges Kosovo to de-escalate tension with Serbia
  + stars: | 2023-05-27 | by ( ) www.reuters.com   time to read: +2 min
The resulting clashes on Friday between Kosovan police and protesters opposed to the ethnic Albanian mayors prompted Serbia to put its army on full combat alert and to move units closer to the border. "We urge the institutions in Kosovo to de-escalate immediately and call on all parties to resolve the situation through dialogue," said Oana Lungescu, a spokeswoman for the transatlantic military alliance, in a Twitter post. She said KFOR, the 3,800-strong NATO-led peacekeeping mission in Kosovo, would remain vigilant. It is also the right of citizens to be served by those elected officials," Kurti said on Twitter on Saturday. Ethnic Albanians form more than 90% of the population in Kosovo, with Serbs only the majority in the northern region.
Kyiv says Russian forces ease attacks on Bakhmut to regroup
  + stars: | 2023-05-27 | by ( ) www.reuters.com   time to read: +2 min
Russia's Wagner private army began handing over its positions to regular Russian troops this week after declaring full control of Bakhmut following the longest and bloodiest battle of the war. In a statement on Telegram, Deputy Defence Minister Hanna Maliar said Russian forces have continued attacking but that "overall offensive activity has decreased". "The decrease in the enemy's offensive activity is due to the fact that troops are being replaced and regrouped," Maliar said. The commander of Ukraine's ground forces, Oleksandr Syrskyi, posted a video on Saturday which he said depicted Ukrainian special forces operating inside the ruined city. Ukraine's top general posted a sleekly produced video on Saturday showing Ukrainian troops swearing an oath and preparing for battle.
KATHMANDU, May 26 (Reuters) - A renowned U.S. mountain guide has achieved the rare Mount Everest region "triple crown" of climbing the Everest, Lhotse and Nuptse peaks in one season, a hiking firm said on Friday, as the season's death toll on the world's highest mountain hit 12. Madison, who owns the company Madison Mountaineering based in Seattle, climbed the smaller but technically difficult Nuptse peak, at 7,855 metres (25,770 feet), on May 8. British climber Kenton Cool, who climbed the triple crown in 2013, said Garrett was an "unflappable expedition leader" who quietly goes about his job. Cool, 49, last week set a new record of 17 summits of Everest, the world's highest peak, by a foreign climber. A Nepali, Kami Rita Sherpa, this week climbed Everest for a 28th time, the most by any mountaineer.
NEW YORK, May 22 (Reuters) - JPMorgan Chase & Co (JPM.N) is beefing up its commercial banking business that caters to tech startups and other early-stage companies, the company said on Monday. The largest U.S. lender plans to add staff after it hired more than a hundred bankers this year to serve companies in the so-called innovation economy in sectors such as technology, e-commerce and life sciences. Two other regional lenders were subsequently seized by banking regulators, including First Republic Bank, which JPMorgan bought earlier this month. JPMorgan's broader commercial bank has more than 18,000 clients, including mid-sized businesses and corporations, government entities and non-profits and more than 33,000 real estate investors or owners. It also aims to expand overseas to serve early-stage companies in the United Kingdom, Europe and Asia.
May 22 (Reuters) - First Citizens BancShares Inc (FCNCA.O), which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC (HSBA.L) on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it could gain access to Silicon Valley Bank's (SVB) trade secrets including information about clients in the tech and healthcare sectors. First Citizens in the lawsuit said it is seeking more than $1 billion in damages. First Citizens later in March purchased SVB's assets and deposits for up to $500 million in stock - a fraction of what the bank was worth before it failed. In April, HSBC had said it had hired dozens of Silicon Valley Bank employees to help the bank establish a dedicated practice focused on serving companies in technology and healthcare and investors who support them.
NEW YORK, May 22 (Reuters) - Enad Global 7 AB's (EG7.ST) stock price jumped 5% on Monday after U.S. activist investor Alta Fox urged the Swedish video game company to explore strategic options, including a possible sale. "EG7 is a high-quality business that remains dramatically undervalued due to no fault of current leadership," Alta Fox's managing partner Connor Haley wrote. Previous management's missteps and the fact that it is not well known outside of Sweden are hurting the company, the letter said. The hedge fund suggested the company, whose stock is listed in Sweden, should relist in the United States in order to buy back shares. ($1 = 10.56 Swedish crowns)Reporting by Svea Herbst-Bayliss; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
These European companies cut jobs this year
  + stars: | 2023-05-16 | by ( ) www.reuters.com   time to read: +4 min
TECH* ERICSSON (ERICb.ST): the telecom equipment maker will lay off 8,500 employees globally as part of its plan to cut costs, a memo seen by Reuters said. * NOKIA (NOKIA.HE): the Finnish telecom equipment maker said on May 3 it plans to cut up to 208 jobs in Finland. * PHILIPS (PHG.AS): the Dutch medical equipment maker on Jan. 30 said it would cut 6,000 jobs to counter falling sales and after a massive recall of its respiratory machines. * SAP (SAPG.DE): the German software company said on Jan. 26 it planned to shed 3,000 jobs, 2.5% of its global workforce, to cut costs and focus on its cloud business. * EVONIK (EVKn.DE): the German specialty chemicals producer said on April 3 it would cut 200 jobs as part of restructuring of its pet food unit.
[1/5] Ukrainian prisoners of war (POWs) pose for a picture after a swap, amid Russia's attack on Ukraine, at an unknown location in Ukraine, in this handout picture released May 6, 2023. The freed Ukrainian prisoners included 42 men and three women from the Azov battalion, said Andriy Yermak, the head of President Volodymyr Zelenskiy's office. Thirty-five privates and sergeants, 10 officers," Yermak said on the telegram app in a post that did not mention the release of Russian prisoners. The Russian Defence Ministry said in a statement that three pilots had been returned and were being provided with medical and psychological assistance. There were no reports on Russian state media of additional Russian prisoner releases.
Ukrainian Air Force Commander Mykola Oleshchuk said the Kh-47 Kinzhal had been shot down on Thursday night over the region outside Kyiv. The Air Force said it had been taken down by a U.S. Patriot air defence system. Ukraine said the missile was fired during a drone attack on Kyiv and other cities in the early hours of Thursday. Ukraine's Air Force was previously seen as unable to shoot down ballistic missiles, which Russia used to strike residential areas and Ukraine's power infrastructure. The Air Force on Saturday said it shot down eight Shahed drones launched by Russia on the eastern and south-east Ukrainian regions in an overnight attack.
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