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☆ Central Europe braces for more flooding as death toll rises
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

A man shovels debris in floodwater following heavy rainfall in Jesenik, Czech Republic, on Sept. 15, 2024. In Jesenik, a Czech town across the border that was inundated on Sunday, a clean-up was starting after waters receded to show damaged cars and debris on the streets. Flooded parts of the northeastern Czech city of Ostrava forced the closures of a power plant supplying heat and hot water to the city as well as two chemical plants. State news agency PAP reported five deaths in Poland, and in the Czech Republic one person died, a police official said. Slovakia’s capital Bratislava and the Hungarian capital Budapest were both preparing for possible flooding as the River Danube rose.

Persons: Donald Tusk, Michal Piszko, David W Cerny, ”, Zdenek Kuzilek, Emil Dragomir, Slobozia Conachi, Jacek Sutryk, Sandor Pinter Organizations: European Union, Reuters, “ Telephones, Facebook Locations: Europe, Czech Republic, Poland, Austria, Romania, European, Klodzko, Czech, Jesenik, Polish, Nysa, Slobozia, Romanian, Kozielno, Wroclaw, Silesia, Prague, Ostrava, Austrian, Lower Austria, Vienna, Slovakia’s, Bratislava, Budapest, Hungarian

☆ GM folding its all-electric BrightDrop vans into Chevrolet brand
▼ + stars: | 2024-08-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors is folding its all-electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase sales, accessibility and recognition of the vehicles. It helps our customers that choose to go into EVs to easily do so working with the Chevrolet dealer they know and trust now for their other fleet needs." The number of new dealers will be based on the amount that decide to opt in to selling and servicing the vans. To sell commercial EVs, dealers must have specific vehicle lifts, service bays and employee training, among other things. GM declined to disclose the average cost for a dealer to become certified to sell the BrightDrop products, citing expenses will vary based on the store.

Persons: Sandor Piszar, It's Organizations: DETROIT, Motors, Chevrolet, GM, CNBC Locations: U.S, North America, EVs

☆ Ford turns 'dirty' business into a profit driver. GM and Stellantis are taking notice
▼ + stars: | 2024-08-05 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

Many fleet sales, especially daily rentals, have historically been viewed as a negative for auto companies. But Ford has proven that's not always the case by breaking out financial results for its "Ford Pro" fleet business. Ram, GM retoolAs Ford touts its fleet business, its closest rivals have amped up their operations. It launched "GM Envolve" last year, its overhauled fleet and commercial business focused on fleet sales, digital telematics and logistics for commercial customers. EV goalsGM Envolve includes the company's EV commercial business BrightDrop, which was folded back into the automaker last year instead of it acting as a subsidiary.

Persons: Mark Hazel, It's, Ford, Ferrari, Jim Farley, Wolfe, Joe White, Farley, BofA's John Murphy, Ram, Christine Feuell, Stellantis, Ram Ram, Ken Kayser, Sandor Piszar, Motors, Piszar, EV600 Organizations: Ford DETROIT, U.S, automakers, Ford Motor, General Motors, Chrysler, P Global Mobility, Ford, Ford Pro, Wolfe Research, North, GM, Ford Super Duty, Reuters, GM retool, CNBC, Software, Stellantis, GM Envolve, Sierra, GM Fleet, EV Locations: Dearborn , Michigan, U.S, North America, Europe, Kentucky, Louisville , Kentucky, Stellantis, Detroit

☆ Israel-Hamas War Palestinian Deaths Could Exceed the Cited Toll, a U.S. Official Tells Congress
▼ + stars: | 2023-11-10 | by ( Michael Crowley | ) www.nytimes.com time to read: +4 min

On the steps of the New York Public Library, demonstrators waved flags and called for a cease-fire in the Israel-Hamas war. The march in Midtown closed sections of Fifth Avenue before protesters turned onto 34th Street, snarling evening commute traffic. Tensions have risen on college campuses in recent weeks as the debate over the Israel-Hamas war has divided student groups and roiled campus life. Fadi Shuman, a computer science undergraduate who is Palestinian, said he was upset Columbia wasn’t doing more to combat Islamophobia on campus. Credit... Jeenah Moon for The New York TimesLuis Cruz, 19, who traveled to Bryant Park from Staten Island, said he was glad to see students in the crowd.

Persons: ”, Sam Cribben, they’re, Fadi, Mr, Shuman, “, Sandor John, John, The New York Times Luis Cruz, ” Troy Closson, Nate Schweber, Liset Cruz, Erin Nolan Organizations: New York Public Library, Israel, Eighth, The New York Times, Columbia University, Low, Columbia, Bryant, City University of New, Fifth, CUNY, Times, New York Times Locations: Israel, Midtown Manhattan, New York City, Midtown, Bryant Park, Gaza, Palestine, City University of New York, Vietnam, Bryant, Staten Island

☆ Michael Lewis was worried Sam Bankman-Fried being in a room with his own dog was an accident waiting to happen
▼ + stars: | 2023-10-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

FTX cofounder Sam Bankman-Fried did not know how to instruct his guard dog to kill on command, according to Michael Lewis' new book. "When Sam was in a room with the dog, it always felt as if some accident was waiting to happen," Lewis wrote in the book. AdvertisementAdvertisementFTX cofounder Sam Bankman-Fried did not know how to instruct his guard dog to kill on command, according to Michael Lewis' biography on the fallen crypto titan. "And so when Sam was in a room with the dog, it always felt as if some accident was waiting to happen," Lewis wrote. "It would have been very Sam Bankman-Fried to have been eaten by his own guard dog."

Persons: Sam Bankman, Fried, Michael Lewis, Sam, Lewis, —, Sandor —, Sandor Organizations: Service, Bankman, Forbes

☆ Sam Bankman-Fried spent house arrest at a desk cluttered with items including cinnamon gum, a mini fan, and a bottle of Adderall
▼ + stars: | 2023-09-26 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried was under house arrest until he was remanded to jail in August. At home, his desk was cluttered with items like a pack of gum, a mini fan, and Adderall. Now, at the Metropolitan Detention Center in Brooklyn, he doesn't have access Adderall. AdvertisementAdvertisementSam Bankman-Fried's parents, Barbara Fried and Joseph Bankman. Now, Bankman-Fried's living conditions have drastically changed in recent months.

Persons: Sam Bankman, Fried, —, Sheelah Kolhatkar, Barbara Fried, Joseph Bankman, Michael M, Sandor, Lewis Kaplan, He's, Mark Cohen, Judge Kaplan Organizations: Metropolitan Detention, Service, Yorker, New Yorker, CNBC Locations: Brooklyn, Palo Alto , California, New, California, German, Brooklyn —

☆ 'It can't get much worse than this': A trail of portfolio managers have resigned or been liquidated as the once lush index-rebalance strategy dries up
▼ + stars: | 2023-05-11 | by ( Alex Morrell | ) www.businessinsider.com time to read: +5 min

Heavyweight multi-strategy hedge funds aren't known for their patience. It seems their patience has run out on the index-rebalance strategy, one of the most popular and sought-after hedge fund moneymakers in recent years. Representatives for the hedge funds declined to comment or did not respond to requests for comment. While hedge funds are allocating their capital elsewhere, they haven't given up on index-rebalance trading. Do you know more about the index-rebalance trade?

☆ Pope Francis Tells Hungary’s Orban to Be Open to Migrants
▼ + stars: | 2023-04-28 | by ( Francis X. Rocca | ) www.wsj.com time to read: 1 min

Pope Francis talks to Hungary’s President Katalin Novák at the Sandor Palace in Budapest. Photo: VATICAN MEDIA/via REUTERSPope Francis on a visit to Hungary told Prime Minister Viktor Orbán , an anti-immigration hard-liner, that the country should welcome foreigners and that European nations should together facilitate the reception of refugees and other migrants. The pope, who has made the defense of migrants a signature issue of his reign, made his remarks on Friday at the start of a three-day visit to Hungary.

Summary Wedding boom, fuelled by government handouts, fizzlesSurging inflation boosts wedding costs, devalues benefitsSome couples scaling back or even scrapping wedding feastsJanuary weddings fall to lowest since January 2014BUDAPEST, March 27 (Reuters) - Soaring inflation is taking the steam out of Hungary's wedding market, supercharged in recent years by Prime Minister Viktor Orban's lavish family support measures, with the number of weddings plunging to a nine-year-low at the start of 2023. In January the number of weddings recorded in Hungary fell to 1,230, preliminary data showed - the lowest number since January 2014. "We did not think that this wedding boom would be so strong and prolonged, but it will now probably return to equilibrium." Mihaly Toth, a master of wedding ceremonies, says the number of couples planning to tie the knot is likely to fall from last year's levels. "We will just have a small family get-together and then go out with some friends for the night," Szabo said.

☆ Sam Bankman-Fried's new dog is reportedly trained to attack would-be assailants with a secret code word
▼ + stars: | 2023-01-26 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Sam Bankman-Fried's new dog can attack with a single command, per Forbes. His parents reportedly gave him the dog, a German shepherd named Sandor. Bankman-Fried has said in court filings that his family has faced "harassment and threats." The former FTX CEO's animal companion, named Sandor, pounces in response to a "secret word," according to Forbes. The 75-pound Sandor, whose name evokes the meaning "defender of men," was a gift from Bankman-Fried's parents, per a Puck interview.

☆ Let the consolidation begin: With venture markets frozen and profitability tenuous, proptechs turn to one another
▼ + stars: | 2023-01-14 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +6 min

The co-living operators Common and Habyt merged; Pagaya brought the property manager Darwin Homes. The proptech companies that sprang up by the dozens in the past few years are now looking to one another for help. A massive consolidation among companies that seek to make real-estate transactions and services more efficient and profitable is underway. Cushman & Wakefield reported 90% occupancy rates for co-living companies at the end of the third quarter of 2022, and traditional real-estate firms like Cushman and Greystar are now offering their own co-living brands. In property management, the consolidation phase is already well underway, said Paul Stanton, the other founding partner at Proptech Bankers.

Proptech customers, employees, and investors said they went from delighted to disillusioned. Proptech investors eager to capture these trends pumped $32 billion into the industry in 2021. As markets deteriorated, disillusionment set in among proptech customers, investors, and employees. Some customers say they were disappointed buying homes via proptech startupsReal-estate startups like Divvy Homes and Better launched under the auspices of helping customers afford quality homes. Investors in proptech firms are taking financial hitsYou don't need to ask proptech investors whether they're disappointed in the sector's performance — just look at share prices.

☆ Amazon is paying back some ad buyers after a holiday glitch cost them big — but advertisers are upset they aren't getting the right amount back
▼ + stars: | 2023-01-09 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

Amazon is issuing credits to advertisers who ran holiday campaigns with inaccurate data. Amazon is issuing advertisers makegoods after a holiday glitch caused some marketers to overspend on their campaigns, while others underspent and missed out on holiday sales. Some of those ad buyers said that they've received credits from their campaigns over the past couple of weeks, after requesting makegoods for the campaigns where they overspent. One of them received credits from Amazon that totaled about 10% of the amount overpaid. Sandor suspects the client that received credits got them by having a direct relationship with an Amazon rep.Sandor described Amazon as not been pro-active handing out credits.

While Budapest and Warsaw are haggling with the bloc over rule-of-law strings attached to billions worth of pandemic recovery funds, Romania has already drawn down over 6 billion euros in grants and cheap loans. Prime Minister Nicolae Ciuca has said the government aims to tap more than 10 billion euros a year, equivalent to about 4% of GDP, of about 90 billion euros of EU funding available to Bucharest through to 2027. RESHORINGCompanies reshoring from Russia and Ukraine to nearby low-cost manufacturing hubs partially helped push foreign direct investment to 9.39 billion euros in January-October, the largest 10-month figure since Romania joined the EU. "We are optimistic that investment will rise in coming years, also encouraged by EU funds," said Alex Milcev, head of Tax and Legal at E&Y Romania. And relations with the EU are not always smooth: in December, Austrian opposition over unauthorised immigration kept Romania out of Europe's borderless Schengen area.

☆ Proptech is losing money left and right, but Fifth Wall's Brendan Wallace is ready to spend $866 million as the sector enters its 'proving ground'
▼ + stars: | 2022-12-26 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Fifth Wall's Brendan Wallace says today's rough markets are a "proving ground" for the industry. Earlier this year, it announced a $500 million climate fund and a $147 European proptech fund. There are also fewer paths to go public, as the blank-check-company model that takes companies public with fewer disclosures via a merger has dried up. After successfully bringing SmartRent public via its own blank-check company in 2021, Fifth Wall canceled its second blank-check company in March of this year. Procore, which raised $634.5 million in a public offering in May 2021, is an investor in the new Fifth Wall fund.

Inflation expectations are de-anchoring from central bank targets, UniCredit CEE Chief Economist Dan Bucsa said. The situation is less clear in Poland though credit holidays to ease the burden of higher central bank interest rates are remaining heading into 2023. In western Europe, economists and financial markets largely expect price growth in the euro area to fall back to the European Central Bank's 2% target by 2024. "The upcoming general election is likely to stimulate fiscal expansion and, notably, the planned significant increase to the minimum wage from January may indeed spark a more substantial wage growth across the board." According to a Czech central bank survey, companies expect year-on-year inflation to be at 10.3% in one year and at 7.5% in three years, well above the central bank's 2% target.

Amid disorganization on the ship during an extensive overhaul, Crisostomo said she was constantly berated for things out of her control. On April 15, Master-at-Arms Seaman Recruit Xavier Hunter Sandor died by suicide onboard the George Washington, according to the Navy and the state chief medical examiner’s office. The USS George Washington during its mission in the eastern Mediterranean Sea in 2017. The Navy has directed leaders on the ship to identify sailors who could benefit from morale and personal well-being programs, Myers said. But she said the root of the problem is not the shipyard, or the ship itself, but “toxic leadership” on the George Washington.

Începând cu anul 2020, Mobiasbanca – OTP Group este partenerul principal al Academiei de Fotbal „ZIMBRU – 1947”, investind în viitorul fotbalului moldovenesc. Decizia a fost oficializată în cadrul unui eveniment festiv, la care au participat membrii conducerii băncii, reprezentanții Clubului de Fotbal Zimbru alături de conducerea Academiei de Fotbal „ZIMBRU – 1947”, Excelența Sa, Ambasadorul Extraordinar și Plenipotențiar al Ungariei la Chișinău. În deschiderea evenimentului, dl László Diósi, Președintele Comitetului Executiv - CEO, al Mobiasbanca – OTP Group a declarat: „Grupul OTP este un mare susținător al fotbalului în foarte multe ţări. Suportul oferit de Mobiasbanca - OTP Group va fi orientat spre îmbunătățirea condițiilor de antrenament, completarea inventarului, precum și pentru perfecționarea echipei de antrenori. Academia de Fotbal „ZIMBRU - 1947” a fost înființată după independența Republicii Moldova, în anii 1990, iar discipolii acesteia reprezintă o bază importantă pentru formarea selecționatei naționale.

Persons: Ambasadorul, Zoltan Major, László Diósi, Sergiu Topor, Sándor SZABÓ Organizations: Group, Academiei, Fotbal, Clubului, Fotbal Zimbru, Consiliului, OTP Group, Academia, Mobiasbanca, OTP Group S.A Locations: Ungariei, Chișinău, Moldovei, Republicii Moldova

☆ Mobiasbanca – OTP Group, un partener de încredere pentru viitorul fotbalului moldovenesc
▼ + stars: | 2021-06-14 | by ( ) www.ipn.md time to read: +4 min

Mobiasbanca – OTP Group, un partener de încredere pentru viitorul fotbalului moldovenescGrupul OTP susține fotbalul în mai multe țări unde este prezent în calitate de actor financiar și social responsabil, precum Ungaria, Croația, Serbia, Bulgaria și altele. Începând cu anul 2020, Mobiasbanca – OTP Group este partenerul principal al Academiei de Fotbal „ZIMBRU – 1947”, investind în viitorul fotbalului moldovenesc. În deschiderea evenimentului, dl László Diósi, Președintele Comitetului Executiv - CEO, al Mobiasbanca – OTP Group a declarat: „Grupul OTP este un mare susținător al fotbalului în foarte multe ţări. Suportul oferit de Mobiasbanca - OTP Group va fi orientat spre îmbunătățirea condițiilor de antrenament, completarea inventarului, precum și pentru perfecționarea echipei de antrenori. Academia de Fotbal „ZIMBRU - 1947” a fost înființată după independența Republicii Moldova, în anii 1990, iar discipolii acesteia reprezintă o bază importantă pentru formarea selecționatei naționale.

Persons: Ambasadorul, Zoltan Major, László Diósi, Sergiu Topor, Sándor SZABÓ Organizations: OTP Group, Group, Academiei, Fotbal, Clubului, Fotbal Zimbru, Consiliului, Academia, Mobiasbanca, OTP Group S.A Locations: Ungaria, Croația, Serbia, Bulgaria, Ungariei, Chișinău, Moldovei, Republicii Moldova

☆ Mesajele ambasadorilor țărilor UE în Republica Moldova, cu prilejul Zilei Europei
▼ + stars: | 2021-05-10 | by ( ) www.ipn.md time to read: +5 min

Mesajele ambasadorilor țărilor UE în Republica Moldova, cu prilejul Zilei EuropeiCu prilejul Zilei Europei, 9 mai, mai mulți ambasadori ai țărilor-membre ale Uniunii Europene au venit cu mesaje video pentru cetățenii Republicii Moldova, transmite IPN. „Am devenit partenerul de încredere pe care Republica Moldova se poate baza mereu”, a opinat Bartlomiej Zdaniuk, ambasadorul Poloniei în Republica Moldova. „Susținem eforturile de a face lumea mai sigură pentru noi toți”, a adăugat Paul McGarry, ambasadorul Irlandei în Republica Moldova. Prioritizăm eforturile acolo unde sunt cel mai mult necesare”, a adăugat Manuel Larrotcha Parada, ambasadorul Spaniei în Republica Moldova. Suntem cu toții mai puternici împreună”, a remarcat Evgheni Stoytchev, ambasadorul Bulgariei în Republica Moldova.

Persons: Solidaritatea, Angela Ganninger, Daniel Ioniță, Lorenzo Tomassoni, Stanislav Kazecky, Anna Lyberg, Philippe Benoit, Pascal, Paul McGarry, Manuel Larrotcha, Dimitrios Karakonstantinis, Lea Stancic, Soren Jensen, Floris van Eijk, Stella, Ingrid Kressel, Evgheni Stoytchev, Petros, Sandor Szabo Organizations: Uniunii Europene, Europa, Uniunea Europeană Locations: Republica Moldova, Republicii Moldova, Germaniei, României, Poloniei, Italiei, Chișinău, Cehiei, Suediei, Belgiei, Letoniei, Franței, Europa, Irlandei, Lituaniei, Spaniei, Slovaciei, Greciei, Sloveniei, Finlandei, Danemarcei, Olandei, Croației, Austriei, Estoniei, Bulgariei, Ciprului, Ungariei, Moldova

☆ Marius Stan, 04 noiembrie 2020
▼ + stars: | 2020-11-04 | by ( ) moldova.europalibera.org time to read: +7 min

17 aprilie 1954), care fusese lider marcant al partidului și ministru al Justiției după sfârșitul războiului, a fost arestat în februarie 1948 și a „dispărut” curând după aceea. În iunie 1948, Comitetul Central bulgar a fost convocat pentru a auzi „critica și sfatul frățesc” al Comitetului Central al PCUS. Kostov a fost arestat la Sofia în august, Rajk a fost judecat în septembrie și împușcat în octombrie. Teohari Georgescu, un alt vice-premier, membru al Politburo-ului și ministru de Interne avea să aibă parte de aceeași soartă câteva săptămâni mai târziu. Ceea ce a impresionat cel mai mult la tehnica lichidării comuniste a fost cruzimea cu care au fost tratate victimele epurării.

Persons: Lucrețiu Pătrășcanu, Władysław Gomułka, Gomułka, Gheorghi Dimitrov, Kostov, László Rajk, Koçi, Dimitrov, Rajk, Vilém, Petrov, Árpád Szakasits, Sándor, Ferenc, János Kádár, Gyula, Sándor Haraszti, Vasile Luca, Teohari Georgescu, Ana Pauker Organizations: Cominform, Partidul Comunist Iugoslav, Partidul Comunist Cehoslovac, Ligii Comuniștilor din, Central, PCUS, Partidului Comunist Polonez, Politburo, Kostov, Politic, Externe, Partidului Comunist Român, ministră Locations: Uniunea Sovietică, Polonia, Cehoslovacia, Iugoslavia, Ungaria, România, Bulgaria, Franța, Italia, Belgrad, Moscova, București, Budapesta, Europa, Est, Praga, Varșovia, Sofia, Ligii Comuniștilor din Iugoslavia, Iugoslaviei, Justiției, polonez, Traicio, Politburo, Ungariei, Tirana, Albaniei, Traicio Rostov, Albania, Bulgariei, Oradea, Interne

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