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Speaking at a campaign event in Iowa, Trump said it was important to scrutinize the vote in the battleground states likely to determine the general election. "So the most important part of what's coming up is to guard the vote. Trump did not specify who he was asking to "go into" the battleground-state cities. In a second Iowa event on Saturday in Cedar Rapids, Trump reiterated plans to reform the Affordable Care Act, known informally as Obamacare, calling the healthcare insurance program "a disaster." Reporting by Nathan Layne in Cedar Rapids, Iowa, and Gram Slattery in Washington Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Donald Trump, Carlos Barria, Trump, Joe Biden, Timothy Naftali, Naftali, Biden, Nathan Layne, Gram Slattery, Matthew Lewis Organizations: U.S, Republican, REUTERS, Democratic, Trump, Republican National Committee, Republicans, Columbia University's School of International and Public Affairs, Capitol, Affordable, Thomson Locations: Ankeny , Iowa, U.S, RAPIDS , Iowa, Philadelphia, Iowa, Michigan , Pennsylvania, Georgia, what's, Detroit, Atlanta, Ankeny, Des Moines, Nazi Germany, Cedar Rapids, Cedar Rapids , Iowa, Washington
"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.
Persons: Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: European Union, Mercosur, Argentine, Reuters, EU, Milei, Diplomats, Thomson Locations: BRASILIA, Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires
[1/4] French police secures the access to the Bir-Hakeim bridge after a security incident in Paris, France December 2, 2023. REUTERS/Stephanie Lecocq Acquire Licensing RightsPARIS, Dec 2 (Reuters) - One person died and two others were injured after a man attacked tourists in central Paris near the Eiffel Tower, Interior Minister Gerald Darmanin said on Saturday. Police quickly arrested the 26-year-old man, a French national, using a Taser stun gun, Darmanin told reporters. The suspect was on the French security services watch list and was also known for having psychiatric disorders, the interior minister added. The attack took place around 1900 GMT when the man attacked a tourist couple with a knife on the Quai de Grenelle, a few feet away from the Eiffel Tower, mortally wounding a German national.
Persons: Stephanie Lecocq, Gerald Darmanin, Darmanin, Akbar, Dominique Vidalon, Gilles Guillaume, Nick Zieminski, Matthew Lewis, Jonathan Oatis Organizations: REUTERS, Rights, Saturday . Police, Eiffel, Agence France Presse, Olympic Games, Thomson Locations: Paris, France, Grenelle, Afghanistan, Palestine, Gaza
"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.
Persons: Anthony Boadle BRASILIA, Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: Reuters, European Union, Mercosur, Argentine, EU, Milei, Diplomats Locations: Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires
Russia's military has focused on eastern Ukraine since abandoning an advance on Kyiv in the first days after the February 2022 invasion. But unofficial Ukrainian reports on Saturday said its forces were holding some districts. There were no official Ukrainian reports on Maryinka, but military analyst Oleh Zhdanov said reports of its capture by Russian troops were untrue. "We acknowledge that there was an advance there of the Russian military," Zhdanov said in an online presentation. Ukrainian forces have focused on recapturing occupied villages in the east and south in a counteroffensive launched in June, though President Volodymyr Zelenskiy has acknowledged that advances have been slower than Kyiv wanted.
Persons: Andriy Yermak, Moscow's, Oleksandr Shtupun, Avdiivka, Shtupun, Rybar, Vitaliy Barabash, Oleh Zhdanov, Zhdanov, Volodymyr Fitio, Volodymyr Zelenskiy, Ron Popeski, Maria Starkova, Matthew Lewis Organizations: REUTERS, Acquire, Reuters, Channel, Russia's Defence Ministry, Ukrainian, Russian, Kyiv, Thomson Locations: Maryinka, Ukraine, Donetsk Region, Avdiivka, Kyiv, Ukrainian, Winnipeg, Canada
REUTERS/Thaier Al Sudani/File Photo Acquire Licensing RightsSAO PAULO, Dec 2 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.
Persons: Luiz Inacio Lula da Silva, Al Sudani, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: United Nations, Change, United Arab Emirates, REUTERS, SAO PAULO, OPEC, Petrobras, PETR4, Reuters, Paulo, Thomson Locations: Dubai, United Arab, OPEC, Brazil, Africa, Latin America, South America
SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.
Persons: Luiz Inacio Lula da Silva, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: SAO PAULO, Reuters, OPEC, Petrobras Locations: OPEC, Brazil, Dubai, Africa, Latin America, South America, Sao Paulo
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 30 (Reuters) - Eleven of the world's biggest tech companies, including Amazon.com (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O), will sign an agreement with the British government on Thursday to step up their efforts to tackle online fraud, the interior ministry said. Under the "Online Fraud Charter," due to be signed at a meeting chaired by Interior Minister James Cleverly in London, the companies pledge to take further action to block and remove fraudulent content from their sites, the government said. "Fraud is now the most common crime in the UK, with online scammers targeting the most vulnerable in society," British Prime Minister Rishi Sunak said in a statement. "By joining forces with these tech giants we will continue to crack down on fraudsters, making sure they have nowhere to hide online." The British government says fraud accounts for around 40% of all crime in England and Wales, with data from industry body UK Finance showing almost 80% of all authorised push payment fraud originates online.
Persons: Dado Ruvic, James, ByteDance's, Rishi Sunak, Kylie MacLellan, Matthew Lewis Organizations: REUTERS, Google, Microsoft, Interior, eBay, Facebook, YouTube, Finance, Thomson Locations: London, England, Wales
BRUSSELS/DUBAI, Nov 30 (Reuters) - Countries at the U.N.'s COP28 climate summit opening on Thursday hope to clinch an early deal on a new fund to pay for climate-caused damage, aiming to muster some political goodwill before talks turn to divisive topics including the future of fossil fuels. With finance also high on the meeting agenda, the United Arab Emirates' COP28 presidency published a proposal on the eve of the summit, for countries to adopt a new U.N. climate damage fund - raising hopes among some delegates that this could be among the first deals struck in Dubai. "Opening these negotiations is like opening Pandora's box. Adnan Amin, CEO of the COP28 summit, told Reuters this month the aim was to secure several hundred million U.S. dollars for the climate damage fund during the event. A breakthrough on the climate damage fund - which poorer nations have demanded for years - could help grease the wheels for other compromises.
Persons: Wopke Hoekstra, Adnan Amin, Kate Abnett, Valerie Volcovici, Katy Daigle, Matthew Lewis Organizations: United Arab, Reuters, The European Union, Thomson Locations: BRUSSELS, DUBAI, Dubai, United Arab Emirates, Germany, Denmark, Netherlands, China, UAE, Brussels, Washington
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 30 (Reuters) - Meta Platforms' (META.O) paid no-ads subscription service, which it rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on Thursday as it took its grievance to consumer protection authorities. Meta has said it launched the paid no-ads subscription service, which applies to Facebook and Instagram, to comply with EU rules requiring companies to give users a choice on whether their data can be collected and used for targeted ads. It also took issue with the "very high subscription fee for ad-free services" which could deter users. The ad-free service cost 9.99 euros ($10.96) monthly for Web users and 12.99 euros for iOS and Android users. Meta has said these prices are in line with Google's (GOOGL.O) YouTube and Spotify's (SPOT.N) premium services and with Netflix (NFLX.O).
Persons: Dado Ruvic, NOYB, Meta, BEUC, Ursula Pachl, Pachl, Foo Yun Chee, Matthew Lewis Organizations: Meta, REUTERS, Rights, European Consumer Organisation, CPC, Facebook, EU, YouTube, Netflix, Thomson Locations: Rights BRUSSELS, Europe, Austrian, Brussels
NAPERVILLE, Illinois, Nov 28 (Reuters) - It is rare that U.S. corn supplies build in a marketing year while soybean supplies slip, but that is exactly what is happening in 2023-24, keeping soybean prices relatively elevated versus corn. The U.S. Department of Agriculture pegs total U.S. corn supplies in 2023-24 to rise 10% on the year, while soybean inventory is seen shrinking 3%. U.S. corn versus soybean supply: Year-on-yearThe 2007-08 rise in corn and fall in soybean supplies was policy-driven, and the only other recent, directionally similar year was 2003-04, when the U.S. soybean crop fell victim to rare, widespread pest issues as well as dry weather. USDA’s long-term projections issued earlier this month suggest just that, pegging 2024 U.S. corn acres at 91 million and soybeans at 87 million versus 83.6 million in 2023. Interestingly, USDA in the couple of years leading up to 2007-08 had also overestimated U.S. soybean acres in March and undershot corn.
Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department, Agriculture, USDA, Crop Watch, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Chicago, North Dakota
Phillips 66's refining operations come under activist radar
  + stars: | 2023-11-29 | by ( ) www.reuters.com   time to read: +4 min
REFINERIES:WOOD RIVER, Roxana, Illinois, refining capacity: 356,000 barrels per day (bpd)Largest Phillips 66 refinery by operating capacity. LOS ANGELES: Carson and Wilmington, California, capacity: 139,000 bpdTwo sites linked by pipeline, producing California Air Resources Board-grade gasoline and fuel-grade petroleum coke. *SAN FRANCISCO: Santa Maria, Wilmington, California and Rodeo, Rodeo, California, capacity: 120,200 bpdPhillips 66's San Francisco operations consisted of two sites: Santa Maria refinery in Wilmington, California and Rodeo refinery in Rodeo, California. INTERNATIONAL REFINERIES:HUMBER, North Lincolnshire, United Kingdom, total throughput: 245,000 bpdProduces transportation fuels, petrochemical feedstocks, home heating oil and petroleum coke. MiRO, Karlsruhe, Germany, total throughput: 61,000 bpdProduces transportation fuels, petrochemical feedstocks, home heating oil, bitumen, and petroleum coke.
Persons: Bing Guan, refiner Phillips, Phillips, Santa, Santa Maria, Shariq Khan, Matthew Lewis Organizations: Phillips, Los, Los Angeles Refinery, REUTERS, Investment Management, Energy, Exports, California Air Resources, INTERNATIONAL, MiRO, . Energy, Thomson Locations: Los Angeles, Carson , California, U.S, Wood, Borger, Roxana , Illinois, Midcontinent, BORGER, Borger , Texas, West Texas, New Mexico , Colorado, SWEENY, Old Ocean , Texas, United States, America, LAKE CHARLES, Westlake , Louisiana, Europe, Linden , New Jersey, York, Bayway, East Coast . PONCA CITY, Ponca City , Oklahoma, ANGELES, Carson, Wilmington , California, California, California , Nevada, Arizona, FERNDALE, Ferndale , Washington, BILLINGS, Billings , Montana, Montana , Wyoming , Idaho , Utah, Colorado, Washington, Santa Maria, Rodeo , California, Francisco, HUMBER, North Lincolnshire, United Kingdom, Karlsruhe, Germany, Switzerland, France, Austria, San Francisco, Bengaluru
Shawn Fain, president of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. "To all the auto workers out there working without the benefits of a union, now it's your turn," UAW President Shawn Fain said in a video posted on a website urging auto workers to sign electronic cards seeking union representation. The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers. The website asks Tesla workers to join, saying CEO "Elon Musk is the richest man in the world, with a net worth of $230 billion. The question is, will Tesla workers get their fair share?"
Persons: Shawn Fain, Joe Biden, Evelyn Hockstein, Fain, Elon Musk, Tesla, Harley Shaiken, David Shepardson, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, UAW, REUTERS, Rights, Detroit Three automakers, Tesla, Toyota, Volkswagen, Hyundai, Nissan, BMW, Mercedes, Benz, Detroit, General Motors, Ford Motor, New York Times, Honda, Subaru, Mazda, Volvo, University of California, White, Detroit Three, Lexus ES, Union, Thomson Locations: Belleville, Wayne County , Michigan, U.S, Detroit, America, Mississippi, Tennessee, Chattanooga , Tennessee, Berkeley, Georgetown , Kentucky, Washington
Former Mexico City Mayor and ruling National Regeneration Movement (MORENA) party, candidate Claudia Sheinbaum, gestures during her registration as oficial candidate for MORENA for the 2024 presidential election, in Mexico City, Mexico November 19, 2023. A prior survey by the firm published early last month had given former Mexico City Mayor Sheinbaum 55% support, and Galvez, a businesswoman-turned-politician, 20%. The latest Parametria poll gave a third contender, Samuel Garcia of the opposition center-left Citizens' Movement (MC), 10% backing. "That said, it's a big lead and we're looking at a scenario where she would have an absolute majority (in Congress)," Abundis told Reuters. Reporting by Dave Graham in Mexico City Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Claudia Sheinbaum, MORENA, Luis Cortes, Parametria, Xochitl Galvez, Galvez, Sheinbaum, Samuel Garcia, Francisco Abundis, it's, Abundis, Andres Manuel Lopez Obrador, Lopez, Dave Graham, Matthew Lewis Organizations: Mexico City Mayor, Regeneration, REUTERS, MEXICO CITY, Mexico City Mayor Sheinbaum, ' Movement, Reuters, Thomson Locations: Mexico City, Mexico, MEXICO, Congress, North America, Asia
Shawn Fain, president of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Nov 29 (Reuters) - The United Auto Workers union said on Wednesday it is launching a first-of-its-kind push to publicly organize the entire nonunion auto sector after winning new contracts with the Detroit Three automakers. "To all the auto workers out there working without the benefits of a union, now it's your turn," UAW President Shawn Fain said in a video posted on a website urging auto workers to sign electronic cards seeking union representation. "I want this type of contract for all auto workers and I have a feeling the UAW has a plan for that," he said at an event with Fain. The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers.
Persons: Shawn Fain, Joe Biden, Evelyn Hockstein, Fain, Tesla, Elon Musk, David Shepardson, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, UAW, REUTERS, Rights, Detroit Three automakers, Tesla, Toyota, Volkswagen, Hyundai, Nissan, BMW, Mercedes, Benz, Detroit, General Motors, Ford Motor, Detroit Three, Lexus ES, Union, Thomson Locations: Belleville, Wayne County , Michigan, U.S, Detroit, Mississippi, Tennessee, Chattanooga , Tennessee, Georgetown , Kentucky, Washington
REUTERS/Kevin Mohatt Acquire Licensing RightsLONGMONT, Colorado, Nov 29 (Reuters) - Two Colorado paramedics go on trial on Wednesday for their alleged role in the 2019 death of Elijah McClain, a young Black man who died after police roughly detained him and medics injected him with a powerful sedative. The trial is the last of three in the death of McClain, 23. Prosecutors allege the paramedics injected him with 500 mg of the sedative ketamine after incorrectly estimating his weight to be 200 pounds (91 kg). After Floyd's death ignited global protests, Colorado Governor Jared Polis in June 2020 asked the state attorney general's office to investigate McClain's case. Reporting by Brad Brooks in Longmont, Colorado Editing by Donna Bryson and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Nathan Woodyard, Elijah McClain, Black, Kevin Mohatt, McClain, Jeremy Cooper, Peter Cichuniec, Cooper, Cichuniec, George Floyd, Jared Polis, Brad Brooks, Donna Bryson, Matthew Lewis Organizations: Court, REUTERS, Prosecutors, Police, Minneapolis police, Thomson Locations: Adams County, Brighton , Colorado, U.S, , Colorado, Colorado, Denver, Aurora, Minneapolis, Longmont
Money managers’ net short in CBOT wheat futures and options rose to a 23-week high of 108,176 futures and options contracts as of Nov. 21 versus 89,271 a week earlier. That is funds’ most bearish corn stance since June 2020. wheat futures and optionsFunds’ Minneapolis wheat views remain near record-bearish, though they were slight net buyers in the week ended Nov. 21. On Monday, CBOT corn and all U.S. hard and soft wheat futures hit contract lows during trading, including the lowest price for most-active corn since December 2020. Open interest in CBOT soybean meal futures and options surged 4% during the week to another record of 671,039 contracts.
Persons: soyoil, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, Reuters, Thomson Locations: NAPERVILLE , Illinois, South America, Chicago, Kansas City, Minneapolis, K.C, U.S, Brazil
Meta announced the service for Facebook and Instagram last month. The ad-free service cost 9.99 euros ($10.90) monthly for Web users and 12.99 euros for iOS and Android users. Contrary to this law, Meta charges a 'privacy fee' of up to 250 euros per year if anyone dares to exercise their fundamental right to data protection," NOYB data protection lawyer Felix Mikolasch said in a statement. NOYB filed the complaint with the Austrian Data Protection Authority. The complaint will likely be forwarded to the Irish data protection watchdog which oversees Meta because it has its European headquarters in Ireland.
Persons: Dado Ruvic, Meta, Max Schrems, Felix Mikolasch, NOYB, Foo Yun Chee, Matthew Lewis Organizations: REUTERS, Rights, Meta, Facebook, EU, Austrian Data Protection, Netflix, YouTube, Google, Thomson Locations: Rights BRUSSELS, Europe, Austrian, Europe's, Vienna, Ireland, Brussels
Nov 28 (Reuters) - Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights. The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday, the biggest U.S. online shopping day. At the top end, this would represent an 9.7% increase compared to the $11.3 billion spent on Cyber Monday last year. Walmart, eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days. On Monday, Walmart stepped up discounts on some clothing to 60%, up from the 50% it offered on Black Friday.
Persons: Barbie, Nancy Tengler, Eduardo Munoz, Matthew Katz, Charles Sizemore, Sizemore, Siddharth Cavale, Deborah Sophia, Aishwarya Venogupal, Ananya Mariam Rajesh, David Gregorio, Nick Zieminski, Matthew Lewis, Lincoln Organizations: Adobe Digital, Retailers, Adobe Analytics, Investments, Shoppers, Workers, REUTERS, SSA & Company, Walmart, Sizemore Capital Management, Target, Graphics, Insider Intelligence, Thomson Locations: Scottsdale , Arizona, United States, Robbinsville Township, New Jersey, U.S, New York, Bengaluru
IMF, World Bank and BIS in first 'tokenisation' collaboration
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +2 min
Cecilia Skingsley attends a session on central bank digital currencies at the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - Three of the world's cornerstone institutions - the International Monetary Fund, the World Bank and the Bank for International Settlements - are to work together for the first time to "tokenise" some of the financial instruments that underpin their global work, a BIS official said on Tuesday. The trio will also work with Switzerland's central bank which has been pioneering tokenisation, the process of turning conventional assets into uniquely coded "tokens" that can be used in faster new systems. Their collaboration will initially focus on simple but still paper-based processes such as when richer countries donate into some of the World Bank's funds to support poorer parts of the world. She also touched on the new breed of central bank digital currencies (CBDCs), repeating calls for some global rules and technology standards so they can work across the world and with existing payment systems.
Persons: Cecilia Skingsley, Elizabeth Frantz, Skingsley, Marc Jones, Matthew Lewis Organizations: International Monetary Fund, World Bank, REUTERS, Bank for International, BIS, Atlantic Council, Thomson Locations: Washington , U.S, Washington, London
In Texas, 18 of the 25 Republican U.S. representatives have voted against Ukraine aid. In Arizona, three of six Republican representatives voted against aid while $2.196 billion poured into the state. The conservative Defending Democracy Together group's "Republicans for Ukraine" campaign has been tracking Republican rhetoric and voting patterns on Ukraine aid legislation. It gave "poor" or "very poor" grades to two of Wisconsin's six Republican representatives, to one of Arkansas' four Republican representatives and to three of Pennsylvania's eight Republican representatives. Yet Johnson voted against Ukraine aid repeatedly before he became speaker last month.
Persons: Mike Stone WASHINGTON, Biden, Joe Biden, Volodymyr Zelenskiy's, Mike Johnson, Johnson, Mike Stone, Chris Sanders, Matthew Lewis Organizations: Capitol Hill, Kyiv, Keystone State, Reuters, Republican U.S, Patriot, Raytheon, Texas ., Capitol, Republicans, Democrats, Ukraine, Companies, Biden, group's Locations: Ukraine, Pennsylvania, In Texas, Texas, Arizona, Israel, U.S, Ohio, Texas . Pennsylvania, Congress, Arizona , Pennsylvania, Arkansas, Wisconsin, Washington
STOCKHOLM, Nov 28 (Reuters) - Total capital invested into European tech startups is projected to fall to $45 billion this year, down 55% from 2021, when investment volumes surpassed $100 billion for the first time, according to a report from venture capital firm Atomico. The decline was mostly due to later-stage companies delaying fundraising, as well as a slower pace of deployment by investors, the report said. In 2022, capital invested in Europe was $82 billion. Over the five-year period between 2018 and 2022, a total of 257 European tech companies reached a billion-dollar valuation, including more than 150 in 2021 and 2022, according to Atomico. However, Europe's funding rounds will still be 18% higher compared with 2020, a year before the tech investment boom of 2021.
Persons: Tom Wehmeier, Wehmeier, Atomico, Supantha Mukherjee, Matthew Lewis Organizations: Thomson Locations: STOCKHOLM, Atomico, Europe, United States, China, Stockholm
An aerial view of the San Francisco city skyline in California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 28 (Reuters) - Videogame software provider Unity Software (U.N) will eliminate 265 jobs or 3.8% of its global workforce and end an agreement with a digital video effects company founded by the "Lord of the Rings" director as part of a "reset," the company said on Tuesday. Tuesday's announcement includes termination of the professional services piece of an agreement Unity struck with movie director Peter Jackson's visual effects company Weta FX in 2021 after Unity purchased the technology and engineering division of Weta FX. As a result, 265 employees whose jobs are related to the agreement will be laid off, the company said. Reporting by Anna Tong in San Francisco Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, John Riccitiello, Jim Whitehurst, Roelof Botha, Peter Jackson's, Whitehurst, Anna Tong, Matthew Lewis Organizations: REUTERS, FRANCISCO, Unity Software, San, Unity, Sequoia Capital, FX, Weta, Reuters, Thomson Locations: San Francisco, California, U.S, Berlin, Singapore, Bellevue , Washington
In Texas, 18 of the 25 Republican U.S. representatives have voted against Ukraine aid. In Arizona, three of six Republican representatives voted against aid while $2.196 billion poured into the state. The conservative Defending Democracy Together group's "Republicans for Ukraine" campaign has been tracking Republican rhetoric and voting patterns on Ukraine aid legislation. It gave "poor" or "very poor" grades to two of Wisconsin's six Republican representatives, to one of Arkansas' four Republican representatives and to three of Pennsylvania's eight Republican representatives. Yet Johnson voted against Ukraine aid repeatedly before he became speaker last month.
Persons: Joe Biden, Evelyn Hockstein, Biden, Volodymyr Zelenskiy's, Mike Johnson, Johnson, Mike Stone, Chris Sanders, Matthew Lewis Organizations: White, REUTERS, Rights, Capitol Hill, Kyiv, Keystone State, Reuters, Republican U.S, Patriot, Raytheon, Texas ., Capitol, Republicans, Democrats, Ukraine, Companies, Biden, group's, Thomson Locations: Ukraine, Washington , U.S, Pennsylvania, In Texas, Texas, Arizona, Israel, U.S, Ohio, Texas . Pennsylvania, Congress, Arizona , Pennsylvania, Arkansas, Wisconsin, Washington
Spending online on Cyber Monday is set to reach as much as $12.4 billion, according to Adobe Digital Insights, which tracks data through Adobe's Experience Cloud service for e-commerce platforms. Last-minute shoppers on Monday could spend $4 billion between 6 p.m. and 11 p.m. EST alone, it said. Other firms use different measurements to gauge purchases on Cyber Monday, the biggest online shopping day of the year in the United States. Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service, said online sales on Cyber Monday were up by 4% by 4 p.m. EST, hitting $7 billion by late afternoon. Walmart, eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days.
Persons: Salesforce, Eduardo Munoz, Brian Yacktman, Charles Sizemore, Sizemore, Siddharth Cavale, Deborah Sophia, Aishwarya Venogupal, Ananya Mariam Rajesh, David Gregorio, Nick Zieminski, Matthew Lewis Organizations: Adobe Digital, Adobe, Commerce, Shoppers, Workers, REUTERS, YCG Investments, Nike, Black, Sizemore Capital Management, Walmart, Amazon, Graphics, Insider Intelligence, Thomson Locations: United States, Robbinsville Township, New Jersey, U.S, New York, Bengaluru
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