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☆ Luis Rubiales: Spanish soccer chief faces criticism after giving World Cup winner Jennifer Hermoso a surprise kiss on the lips after she receives gold medal
▼ + stars: | 2023-08-20 | by ( John Sinnott Patrick Sung Matias Grez | John Sinnott | Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Royal Spanish Football Federation (RFEF) President Luis Rubiales is facing criticism for giving Spain midfielder Jennifer Hermoso a surprise kiss on the lips after the 33-year-old received her gold medal following the team’s Women’s World Cup final victory over England on Sunday. Video shows Rubiales embracing Hermoso, then putting both hands on her head before kissing her. Mark Baker/APAsked by Radio Marca about the incident with Hermoso, Rubiales replied: “The kiss with Jenni? After other members of Spain’s squad received their medals, video shows Rubiales kissing them on the cheeks as well as holding some of them in his arms. Another video clip shows Rubiales interrupting a group of Spanish players celebrating, before kissing Olga Carmona, who scored Spain’s winning goal in the 1-0 victory over England, on the cheek.

Persons: Luis Rubiales, Jennifer Hermoso, Rubiales, Gianni Infantino, Letizia, Anthony Albanese, pats, Irati Vida, Mary Earps, Jennifer Hermoso's, Mark Baker, Jenni, Alberto Ortega, El Confidencial, “ Rubiales, Queen Leticia, ”, Ortega, Colin Millar, Millar, X, Hermoso, Olga Carmona, Spain’s, Salma Paralluelo, hadn’t Organizations: CNN, Royal Spanish Football Federation, England, Australian, Radio Marca, Daily, Spanish Locations: Spanish, Spain, Ibiza, Australia

☆ Ecuador votes in historic referendum that could democratize climate policy
▼ + stars: | 2023-08-20 | by ( Hannah Holland | ) edition.cnn.com time to read: +6 min

CNN —The people of Ecuador are heading to the polls – but they’re voting for more than just a new president. Among the species found in the Yasuní National Park, is the harpy eagle, the second largest bird of prey in the world. Aerial picture of the Tiputini Processing Center of state-owned Petroecuador in Yasuni National Park, June 21, 2023. A crude oil sample taken from an oil well in Yasuní National Park, where the referendum vote could mean leaving the crude oil in the ground indefinitely. Rodrigo Buendia/AFP/Getty Images“This referendum presents a huge opportunity for us to create change in a tangible way,” she told CNN.

Persons: Carl De Souza, ”, Pedro Bermo, It’s, Rafael Correa, Correa, Rodrigo Buendia, “, Fernando Santos, Alberto Acosta, Helena Gualinga, Antonia Juhasz Organizations: CNN, Getty, Tiputini Processing, ” Energy, “, Twitter, Ecuadorian Amazon, Human Locations: Ecuador, Ecuadorian, Europe, North America, Ecuador’s, AFP, Yasuní, “

☆ $2 to cut a sandwich in half: The outrageous rip-offs targeting tourists in Italy
▼ + stars: | 2023-08-19 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +6 min

– plate near Portofino in northern Italy, and 10 cents for a sprinkle of cocoa on a cappuccino at a Lake Como coffee bar. Easy targetsOutrageous charges, like 2 euros for slicing a ham sandwich, have been labeled "crazy receipts" by the Italian media. High fuel and energy prices have made it an incredibly expensive summer. Worst offendersSome of the highest price hikes in Europe have left a vacation at home too expensive for many Italians. “We had this trip planned before Covid and have been dreaming about it even though we read the headlines about expensive prices.

Persons: Rome, Rome CNN —, Stefano Mazzola, Giorgia Meloni, ”, Furio, Truzzi, Francesca Volpi, Sharm el Sheik, ” Paolo Manca, Betsy, James Cramer, ” Betsy, “, Alberto Pizzoli, Antonio Coviello, Daniela Santanche Organizations: Rome CNN, CNN, Bloomberg, Getty, Italy’s National Research Center Locations: Italian, Lake Como, Ostia, Sardinia, Portofino, Italy, Como, Albania, Montenegro, Ukraine, Europe, Puglia, Egypt, Piazza Navona, Rome, AFP

☆ Parmigiano-Reggiano makers are putting edible microchips the size of a grain of sand into their 90-pound cheese wheels to combat counterfeiters
▼ + stars: | 2023-08-17 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

Makers of Parmigiano-Reggiano in Italy are adding microchips to their cheese wheels. That's because makers of Parmigiano-Reggiano are implanting microchips into the casings of their 90-pound cheese wheels as the latest move to ward off counterfeiters, The Wall Street Journal reported. That's because it's the original parmesan cheese officially protected by the European Union, meaning the name can only be used for the authentic product. They are being placed on the casein label, a food-safe label commonly used in cheese production, which is placed on the cheese wheel. Other industries are also considering or planning to use the chips, including makers of drugs and car parts.

Persons: they've, Alberto Pecorari Organizations: Service, Street Journal, European Union, The Locations: Reggiano, Italy, Wall, Silicon, counterfeiters, Italy's Emilia Romagna, Champagne, France, Feta, Greece

☆ Spanish Socialists' candidate elected speaker with support of Catalan groups
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +4 min

Francina Armengol was appointed speaker after winning 178 votes in the 350-seat parliament. The candidate of the conservative People's Party (PP) won just 137 votes, while far-right Vox, which is in coalition with the PP in several Spanish regions, voted for its own candidate, Ignacio Gil instead of the PP's. Her candidacy for the speakership was seen as a nod to Catalan, Basque and Galician parties. CONCESSIONS TO SEPARATISTSERC leader Gabriel Rufian told a news conference that while the party had supported the Socialists' candidate for congressional speaker, that did not imply support for the formation of a Sanchez government. More hardline separatist party Junts also struck a deal in principle to back Armengol, according to state broadcaster TVE.

Persons: Pedro Sanchez's, Francina Armengol, Ignacio Gil, Alberto Nunez Feijoo, Sumar, Esquerra Republicana, Armengol, Gabriel Rufian, Junts, Sanchez, Carles Puigdemont, Inti Landauro, Charlie Devereux, Andrei Khalip, Angus MacSwan, Aislinn Laing, Hugh Lawson Organizations: Spanish Socialist Workers ' Party, PSOE, Spain's Socialists, People's Party, Socialists, Vox, Catalonian, ERC, TVE, Thomson Locations: Madrid, MADRID, Catalan, Spain, Catalonia, Balearic, Basque, Galician, Belgium

☆ This Fall, Coats Have an Outsize Impact
▼ + stars: | 2023-08-15 | by ( Johnny Dufort | Jane How | ) www.nytimes.com time to read: 1 min

Models: Diane Chiu at Milk Management and Rachel Marx at Premier Models. Makeup by Lucia Pica for Art Partner using Clé de Peau Beauté. Digital tech: Victor Gutierrez. Photo assistants: Alberto Gualtieri, Sasha Simpson Vanner, Abena Appiah. Hair assistants: Tom Wright, Rebecca Chang.

Persons: Diane Chiu, Rachel Marx, Gary Gill, Lucia Pica, Julia Lange, Victor Gutierrez, Alberto Gualtieri, Sasha Simpson Vanner, Abena, Tom Wright, Rebecca Chang, Kate O’Reilly, Katie Shaw, Donnika Anderson, Mariangela Orlando Organizations: Milk Management, Digital

☆ Ford reaches deal to move industrial unit to Brazil's Bahia state
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +1 min

Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. Chinese electric vehicle manufacturer BYD has shown interest in the complex, located in the Camacari industrial park. The automaker has since at least mid-2022 been trying to reach a deal with Ford and the Bahia government to acquire the asset. BYD said in a statement that it "continues with the planning to invest in the Camacari industrial park, maintaining the necessary negotiations with the Bahia government." It was not immediately clear whether the industrial unit mentioned by the company involves the Ford area.

Persons: Wolfgang Rattay, BYD, Alberto Alerigi Jr, Sandra Maler Organizations: REUTERS, Ford, SAO PAULO, Thomson Locations: Frankfurt, Germany, Bahia

☆ Philippines says refurbishing grounded ship an option to strengthen hold on disputed shoal
▼ + stars: | 2023-08-11 | by ( Karen Lema | ) www.reuters.com time to read: +3 min

[1/2] A Philippine flag flutters onboard the BRP Sierra Madre, a marooned transport ship which Philippine Marines used as a military outpost, in the disputed Second Thomas Shoal, part of the Spratly Islands in the South China Sea March 30, 2014. REUTERS/Erik De Castro/File PhotoPUERTO PRINCESA, Philippines Aug 11 (Reuters) - The Philippines is looking at several options to strengthen its hold on the disputed Second Thomas Shoal in the South China Sea including refurbishing a grounded and rusting warship it uses as a military outpost, a move that would likely anger Beijing. The Philippines intentionally grounded the World War Two-era warship Sierra Madre in 1999 as part of its sovereignty claim to the Second Thomas Shoal, which lies within its exclusive economic zone, and rotates a handful of troops through the ship. China has urged the Philippines to fulfill a "promise" to tow away the grounded vessel, but Manila denied striking any agreement to abandon the shoal, which it calls Ayungin. The Philippines won an international arbitration award in 2016 against China's South China Sea sovereignty claim, after a tribunal ruled Beijing's sweeping claim had no legal basis, including at the Second Thomas Shoal.

Persons: Thomas Shoal, Erik De Castro, Alberto Carlos, Romeo Brawner, Thomas, Ayungin, Carlos, Ramsey Gutierrez, Gutierrez, Karen Lema, Michael Perry Organizations: flutters, BRP, BRP Sierra Madre, Philippine Marines, REUTERS, Philippine Western Command, Chinese Coast Guard, Philippines, China's, Thomson Locations: BRP Sierra, Spratly, South, PRINCESA, Philippines, South China, Beijing, Sierra, China, Manila, Japan, France, South Korea, United States, Philippine, Thomas Shoal . China, Vietnam, Malaysia, Brunei, Indonesia

☆ The new twist in Hunter Biden’s case is a huge political headache for his father
▼ + stars: | 2023-08-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —A sudden new twist in the investigation into Hunter Biden means his legal tribulations will likely stretch on for months, creating an unwelcome new drag on his father’s White House and reelection bid. Just weeks ago, the shadow of criminal suspicion over Hunter Biden seemed about to lift. The change of status followed the collapse of a deal last month that likely would have seen Hunter Biden get sentenced to probation after pleading guilty to two misdemeanor tax charges. But the symbolic weight of an appointment of a special counsel stiffens the perception of scandal and potential wrongdoing even if the legal realities of the case haven’t shifted. Important differences between Hunter Biden and Trump casesThere are two important distinctions between Biden and Trump that the Republicans are trying to blur.

Persons: Hunter Biden, David Weiss, Joe Biden’s, Weiss, Joe Biden, Alberto Gonzales, Jake Tapper ”, it’s, …, ”, Gonzales, George W, Bush, Merrick Garland, Hunter Biden’s, Abbe Lowell, CNN’s Kaitlan Collins, Lowell, Trump, Garland, Clinton, Biden, Donald Trump, It’s, Tanya Chutkan, David Axelrod, Barack Obama, Biden’s, Hunter, Tapper, James Comer –, –, “, Joe Biden hasn’t, ” Comer, Comer, he’s, General Garland, Kevin McCarthy, couldn’t, Carolina Sen, Lindsey Graham, General Garland’s, Hunter Biden – Organizations: CNN, House, Justice Department, White, House Republicans, Trump, Republican, GOP Locations: Delaware, Weiss, Florida, Ukraine, China, Kentucky, California, Carolina

☆ West African nations mull troop contributions for possible Niger intervention
▼ + stars: | 2023-08-11 | by ( Boureima Balima | ) www.reuters.com time to read: +5 min

West African leaders gather for Economic Community of West African States (ECOWAS) Head of States and Government meeting in Abuja, Nigeria August 10, 2023. ECOWAS (the Economic Community of West African States) said all options were on the table and they still hoped for a peaceful resolution to the Niger crisis. Security analysts said an ECOWAS force could take weeks or longer to assemble, potentially leaving room for negotiations. Ivory Coast President Alassane Ouattara on Thursday promised to supply a battalion of troops to the standby force. The African Union welcomed ECOWAS' decision to activate a regional force and continue to seek a diplomatic solution.

Persons: Abraham Achirga, Mohamed Bazoum, Alassane Ouattara, Sering Modou, Ledgerhood Rennie, Ikemesit Effiong, Hama Moussa, Issa Seydou, Antony Blinken, Bazoum, They’ve, Pap, Ange Aboa, Alberto Dabo, Alphonso Toweh, Diadie, Edward McAllister, Anait Miridzhanian, Nellie Peyton, David Lewis, Ingrid Melander, Angus MacSwan Organizations: Economic Community, West African States, REUTERS, ECOWAS, Economic, West, Ivory, SBM Intelligence, African Union, Military, EU, Rights Watch, Thomson Locations: Abuja, Nigeria, NIAMEY, Niger, West, Central Africa, West African States, Ivory Coast, Ivorian, Senegal, Sahel, U.S, Niamey, Russia, France, United States, Mali, Burkina Faso, Banjul, Abidjan, Bissau, Monrivia, Diadie Ba, Dakar

☆ Cocaine cartels encroach on Unification Church’s Paraguayan paradise
▼ + stars: | 2023-08-10 | by ( Puerto Casado | ) www.reuters.com time to read: +20 min

Many of the runways are on land owned by the Unification Church of South Korea, founded by Rev. The Unification Church is a major power in this unruly region. Byun, the Unification Church lawyer, provided Reuters with an April 2022 document the church sent to Paraguayan anti-narcotics prosecutors, urging an investigation into potential illicit activity. Trouble in paradiseThe alleged drug-running on its land isn’t the only trouble the Unification Church has faced in the Chaco. Byun, the church lawyer, acknowledged the tensions with locals in Puerto Casado but declined to comment on the Myungs or the fire.

Persons: Sun Myung, Michelle Byun, ” Byun, “, Moon, God, ”, Miguel Ángel Servín, Servín, Rodrigo Alvarez, Elva Cáceres, Marco Alcaraz, Cynthia Tarrago, Tarrago, Raimundo Va, Rodrigo Alvarenga Paredes, Byun, Alvarenga, “ Alvarenga, Rodrigo Álvarez, Álvarez, Pedro Juan Caballero, ‘ Lawless, –, Marcelo Pecci, José Carlos Acevedo, ” Acevedo, Pecci, Acevedo, Mario Abdo Benítez, James Laverty, Hak Ja, ” –, Carlos Casado, Anger, Locals, Lorenzo Myung, Martin Rodriguez, Rodriguez, Dora Irrazábal, Irrazábal, Alberto David Gauto, Gauto, Emilio Camacho, Moon’s, Hyun Jin, Preston, Hak, Hyung Jin, Sean, Massimo Introvigne, Sean Moon, Preston Moon, Puerto Casado, Virgilio Chamorro, Gabriel Stargardter, Daniela Desantis, Feilding, Tomas Bravo, John Emerson, Brian Thevenot Organizations: Unification Church of, Rev, Authorities, Reuters, Unification Church, Holy Spirit Association, South Korea’s Unification, Belgian, Sting, South, International Association of Parliamentarians, Peace, U.S . Federal Bureau of Investigation, Colorado Party, Yorker, U.S, Attorney, FBI, Capital Command, PCC, United Nations Office, Drugs, U.S . Drug, Carlos Casado SA, Salesian, Supreme, FARC, Peace Foundation, Center for Studies, New, Iron Ministries, Preston, Tomas Bravo Graphics Locations: Paraguayan, Unification Church of South Korea, SENAD Paraguay, Chaco, Paraguay, Korea, Bolivian, Peruvian, Atlantic, Brazil, Uruguay, Argentina, Europe, Argentine, Manhattan, “, Antwerp, Europe’s, Servín, Asunción, Seoul, New York City, United States, New Jersey, Tarrago, Va, U.S, Byun, Alvarenga, Chile, Ecuador, Colombian, Bolivia, American, South America, America, Puerto Casado, Gauto, Preston, Turin, Italy, Pennsylvania, Puerto

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

Pop, like all genres of creative expression, is more commercialized than ever. Rihanna, who hasn’t released an album since 2016, has her multibillion-dollar Fenty Beauty line; Ariana Grande will soon star as Glinda in Universal’s “Wicked” juggernaut. Service95 represents who Lipa is “behind closed doors,” she says, a space where discussions around trans liberation are as common as those about jewelry and yoga. “My intention is never to be political … but there’s a political bent to my existence,” Lipa says. “I’ve found being in the media this way very encouraging.”

Persons: Britney Spears, Whitney Houston, Amy Winehouse, —, Lipa, don’t, Rihanna, hasn’t, Ariana Grande, ”, ’, Sinéad Burke —, she’s, ” Lipa, Tavi Gevinson, “, Drew Barrymore, Kelly Clarkson, Gwyneth Paltrow, Lipa won’t, Oprah, Reese Witherspoon, Tracy Flick, “ I’ve Organizations: “, ” Locations: Lipa, London, ” Lipa, Tokyo, Lipa’s, “

☆ Dutch master Van der Poel wins world road title
▼ + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

The Classics specialist and five-time cyclocross world champion is the first Dutchman to win the rainbow jersey in the road race since Joop Zoetemelk in 1985. "Maybe this completes my career in my opinion, it's maybe my biggest victory on the road and I cannot imagine riding in the rainbows for a year," Van der Poel said. Heavy rain provided another twist and Van der Poel might have paid for his late spill but, with a rainbow arced over the city, he closed in on the rainbow jersey. I was pretty pissed at myself," Van der Poel said. When Van der Poel powered up the steep Montrose Road climb for the final time he could finally enjoy ending the long Dutch wait for a road world champion.

Persons: Mathieu van der, Maja, Van der Poel, Mathieu van der Poel, Tadej, Wout van Aert, Mads Pedersen, slithered, Joop Zoetemelk, Belgium's Van Aert, Pogacar outsprinting Pedersen, Raymond Poulidor, Alberto Bettiol, Van der, Van Aert, Pedersen, Martyn Herman, Ed Osmond, Clare Fallon Organizations: Cycling, UCI, Sunday, de, Police, Glasgow, Thomson Locations: Glasgow, Scotland, Britain, Netherlands, GLASGOW, Square, Espana, Edinburgh, Glasgow's, Montrose

☆ Newly discovered ancient creature may have been the heaviest animal ever
▼ + stars: | 2023-08-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

This week, scientists shared discoveries of ancient species that lived and died tens of millions of years ago, providing tantalizing insights into creatures never documented until now. The colossal ancient whale, which swam the seas about 39 million years ago, likely weighed two to three times more than the blue whale. NASA/ESA/Joseph Olmsted (STScI)When the Hubble Space Telescope initially observed a young planetary system 32 light-years from Earth, it didn’t reveal any surprises. And the James Webb Space Telescope spied new details within the colorful, iconic Ring Nebula. The fruit flies in the groundbreaking study don’t typically reproduce through virgin births, also called parthenogenesis, although many animal species do.

Persons: Alberto Gennari, Michael Brecht, ” Brecht, Joseph Olmsted, Euclid, James Webb, —, Hala Alarashi, Alice Burkhardt, Ba, Emperor Nero, Ashley Strickland, Katie Hunt Organizations: CNN, Canadian Rockies, Humboldt University, NASA, ESA, Hubble, Telescope, Petra Museum, CNN Space, Science Locations: Ica, Berlin, Jordan, East Coast, United States

☆ Amazon set to launch credit card in Brazil with Bradesco
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Christian HartmannSAO PAULO, Aug 4 (Reuters) - Amazon.com (AMZN.O) will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA (BBDC4.SA), the bank's chief executive said on Friday, as the ecommerce giant pushes to expand its fintech offering. The launch is set for next Tuesday, according to CEO Octavio de Lazari Junior, adding that the bank will manage the card's credit risk, and the card will be powered by Mastercard (MA.N). Amazon's Brazil Country Manager, Daniel Mazini, said in a note that the company is always "looking for opportunities" to improve the shopping experience of customers in Brazil. The credit card offers comes at a time the country sees its interest rate starting a downward cycle and government programs to boost consumption. Amazon also has a credit card offering in the U.S., where it partners with JPMorgan Chase.

Persons: Christian Hartmann, Octavio de Lazari, Daniel Mazini, Alberto Alerigi Jr, Isabel Woodford, Carolina Pulice, Sandra Maler Organizations: REUTERS, Christian, Christian Hartmann SAO PAULO, Banco Bradesco SA, Mastercard, Brazil, JPMorgan Chase, Thomson Locations: Boves, Amiens, France, Brazil, U.S

☆ Trump’s surreal arraignment day in Washington augurs ominous days ahead
▼ + stars: | 2023-08-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

He was irked, sources familiar with his mindset told CNN’s Kaitlan Collins, that the judge referred to him simply as “Mr. Any alternative Republican president could find themselves besieged by demands from Trump supporters for a pardon that, if granted, could overshadow their entire presidency. The California Republican compared Trump’s behavior to the complaints by supporters of past Democratic presidential nominees Al Gore and Hillary Clinton, who complained of electoral irregularities. A few Democrats objected to certifying Trump’s election in Congress is 2016, but Clinton did not challenge it in the courts. But their blind spot on Trump’s far worse, Constitution-threatening conduct shows just how far he has changed their party.

Persons: Donald Trump, Trump, –, CNN’s Kaitlan Collins, Jack Smith –, “, ” Trump, pardoning, J, Michael Luttig, ” Luttig, ”, Geoff Duncan, ” Duncan, Richard Nixon, ” Nixon, Smith, Alberto Gonzales, George W, Bush, Ty Cobb, CNN’s Erin Burnett, Cobb, Elliot Williams, Biden’s, Kevin McCarthy, Al Gore, Hillary Clinton, ” McCarthy, Gore, Clinton, Kinzinger, Biden, Hunter Organizations: CNN, Washington, Republican, Capitol, Trump, Justice Department, Department of Justice, White, GOP, California Republican, Democratic, Supreme, CNN Republicans, Republicans Locations: America, United States, New Jersey, Georgia, California, China, Ukraine, Bedminster

☆ Spanish Socialists lose seat, after expat vote count, making it harder to form government
▼ + stars: | 2023-07-29 | by ( Graham Keeley | ) www.reuters.com time to read: +4 min

Counting of votes from over 233,000 Spaniards living abroad handed one seat in Madrid to the PP that had been awarded to the Socialists in the initial vote count, the PP and Socialists said on Saturday. To form a government, an absolute majority is needed in a parliamentary vote in the 350-seat Congress. This meant Sanchez only had to persuade Junts to abstain, to be voted back into power with a simple majority. Alberto Nunez Feijoo, the PP leader, is still determined to try to form a right-wing coalition. Sumar leader Yolanda Díaz called on all "progressive forces" to support Sanchez.

Persons: Pedro Sanchez, Juan Medina, Sunday's, Esquerra, Junts, Sanchez, EH, Vox, Pablo Simon, Alberto Nunez Feijoo, Feijoo, Pedro Rollan, Sumar, Yolanda Díaz, Graham Keeley, Alvise Armellini, Frances Kerry Organizations: Socialist, REUTERS, Spain's Socialists, Reuters, ERC, Socialists, Vox, Union of, Canarian Coalition, Basque Nationalist Party, Galician Nationalist Bloc, UPN, Canaries, PP, Carlos III University, Italian, Repubblica, Thomson Locations: Madrid, Spain, BARCELONA, Catalan, Basque, Junts, Catalonia, Spanish, Rome

☆ ‘The heat is relentless’: Scorching temperatures bring misery to daily life in Spain
▼ + stars: | 2023-07-27 | by ( Vivi Vitalone | ) www.cnbc.com time to read: +5 min

Cristina Quicler | Afp | Getty ImagesSEVILLE, Spain — The day-to-day reality of scorching summer heat in Spain is taking its toll. The mercury in the southern Spanish city of Seville hit 40 degrees Celsius (104 Fahrenheit) on July 20, shortly before national elections failed to produce a clear winner. "During the day I work here where I have air conditioning but the walk home is ... agony," Sánchez told CNBC. Tacho Rufino, economist at the University of Seville, told CNBC that when classes are not in session, he lives in Cádiz in the southwest. Olive oil prices soared further into record-breaking territory this month and analysts have told CNBC that high prices could be here "for some time to come."

Persons: Cristina Quicler, Carlo Núñez, Sevillian, chatted, Maria Sánchez, Sánchez, Tacho Rufino, Rufino, Pedro Sánchez, Alberto Núñez Feijóo Organizations: Afp, Getty, CNBC, del Triunfo, University of Seville, People's Party, United Nations, PP, European Commission, La, Europa Press, Greenpeace, Observatory Locations: Sevilla, Spanish, Andalusia, SEVILLE, Spain, Europe, Greece, Italy, Albania, Seville, del, Cádiz, Cadiz, Puntagorda, La Palma, Canary Islands

☆ Mediobanca to launch new $223 mln buyback after record year
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

MILAN, July 27 (Reuters) - Italy's Mediobanca (MDBI.MI) said on Thursday it would buy back its own shares for around 200 million euros ($223 million) in its new fiscal year after closing the previous one with record revenues and profits. The bank posted a 13% yearly rise in net profit to 1.03 billion euros in the 12 months through June, after one-off hits totalling around 190 million euros. Mediobanca booked a 49.5 million euro impairment on Swiss asset manager RAM while also setting aside 26 million euros to fund voluntary staff exits to boost generational turnover. "Mediobanca in the next three years will deliver strong growth in wealth management, more efficient risk weighted asset (RWA) management, and enhanced shareholder remuneration," Chief Executive Alberto Nagel said in a statement. ($1 = 0.8976 euros)Reporting by Gianluca Semeraro; editing by Valentina ZaOur Standards: The Thomson Reuters Trust Principles.

Persons: Mediobanca, Alberto Nagel, Gianluca Semeraro, Valentina Za Organizations: MILAN, Thomson

☆ Beyond the metaverse
▼ + stars: | 2023-07-26 | by ( Sponsor Post | Created Insider Studios With Pwc | ) www.businessinsider.com time to read: +8 min

However, many consumers — and even business leaders — are still confused about what the metaverse actually is and how it will work. No matter what you call it — the metaverse, spatial computing, the 3D web – when the metaverse is broken down into its component parts, more realistic applications emerge. "We call it Metaverse Technologies for a reason." PwCIt's not just retail; events that have traditionally relied on in-person participation are also embracing a combination of metaverse technologies. The Venice Carnival is just one example of how metaverse technologies can create new ways for people to connect, learn, and experience the world.

Persons: —, Roberto Hernandez, We've, Hernandez, Joe Harrington, Harrington, We're, Alberto Bozzo, Ve.La, PwC Organizations: Technologies, PwC, Venice Carnival, Venice, Companies, Insider Studios Locations: Venice

[1/2] "Junts x Catalunya" members raise up an "Estelada" flag (Catalan separatist flag) as they celebrate the results of the European Parliament elections in Barcelona, Spain, May 27, 2019. REUTERS/Albert Gea/File PhotoBARCELONA/MADRID, July 26 (Reuters) - Spain may be heading for a repeat of Sunday's inconclusive election unless Catalan separatist parties compromise on their demands for an independence referendum in exchange for their support. After neither the right nor left bloc won enough seats to form a majority, Catalan separatist parties Esquerra Republicana de Catalunya (ERC) and Junts have emerged as kingmakers. However, Sanchez, who rejects Catalan independence, has long said he opposes a referendum or an amnesty. INDEPENDENCE SUPPORT DECLININGEven if Sanchez were willing to concede, a referendum could prove difficult to implement.

Persons: Albert Gea, Esquerra, Pedro Sanchez, Sanchez, Junts, Carles Puigdemont, Ramon Tremosa, mignon, Tremosa, Josep Rius, Alberto Nunez Feijoo, Feijoo, Mariano Rajoy, Joan Esculies, Isabel Rodriguez, Yolanda Diaz, Diaz, Jaume Asens, Puigdemont, Wayne Griffiths, Rius, Pedro Sanchez's, Joan Faus, Belen Carreno, Charlie Devereux, Aislinn Laing, Rosalba O'Brien Organizations: REUTERS, ERC, Junts, Sanchez's Socialists, Socialists, European Union, People's Party, Socialist, Monday, Volkswagen's, SEAT, Catalans, Vox, Thomson Locations: Catalunya, Barcelona, Spain, BARCELONA, MADRID, Catalan, Catalonia, Belgium, Socialist, Madrid, Volkswagen's Barcelona, Spanish

☆ Wildfires rage across the Mediterranean destroying land and claiming lives
▼ + stars: | 2023-07-26 | by ( Barbie Latza Nadeau Hamdi Alkhshali Martin Goillandeau Isa Soares Sugam Pokharel Elinda Labropoulou Chris Liakos Hande Atay Alam Laura Paddison | Barbie Latza Nadeau | Hamdi Alkhshali | ) edition.cnn.com time to read: +6 min

More than 8,000 firefighters have been deployed to control the blazes as residents living near forested areas were evacuated, according to EPTV. Nasri Elyas/APThe Algerian Ministry of the Interior announced at least 34 deaths in multiple forest fires across the country. A 98-year-old man died as flames reached his home in the coastal city of Reggio Calabria in southern Italy, according to ANSA. Flames burn a tree in Vati village, on the Aegean Sea island of Rhodes, southeastern Greece, on Tuesday, July 25, 2023. Angelos Tzortzinis/AFP/Getty ImagesIn Turkey, forest wildfires ignited Monday night in the southern Mediterranean province of Antalya, according to Antalya Municipality’s statement.

Persons: Nasri Elyas, Billel, Nello Musumeci, ”, Alberto Lo Bianco, Fabrizio Villa, Maria Feggou, ” Feggou, Kyriakos Mitsotakis, Petros Giannakouris, Angelos Tzortzinis, Muhittin Bocek, “, ” Bocek Organizations: CNN, EPTV, Reuters, Algerian Ministry of, Interior, ANSA, Civil, Twitter, Residents, Hellenic Red Cross, Greek Air Force, Getty, Anadolu Locations: Italy, Greece, Algeria, North, Bourbatache, Sicily, Calabria, Abruzzo, Puglia, Reggio Calabria, Palermo, Capaci, Catania, Rhodes, Corfu, Evia, Crete, Vati, AFP, Turkey, Antalya, Antalya’s Kemer, Croatia, Dubrovnik, Croatian

☆ Goldman: The market is missing these 'highly compelling' global stocks — and 2 are on its conviction list
▼ + stars: | 2023-07-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Goldman Sachs has named a number of European renewable energy stocks it says the market is missing — and says it expects the sector to bounce back after a period of declining returns. The growth in renewable energy is "highly compelling," the bank said, owing to the European energy crisis, a decline in costs for wind and solar energy, and the European Union's focus on mitigating climate change. "RWE is among the best-placed [renewable energy storage] developers to capture the expanding addressable market in the US, Germany and the rest of Europe," the analysts stated. As the pipeline builds we expect the company to unlock further value," the analysts stated. Conviction list stocks Two of Goldman's stock picks are on its conviction list of most favored stocks.

Persons: Goldman Sachs, Alberto Gandolfi, Goldman, Enel, — Organizations: EDP Renewables, ENEL, Scottish, Renewables, LevelTen Energy Locations: Orsted, US, Germany, Europe

CATANIA, Italy, July 26 (Reuters) - A fire early last week at Sicily's main airport is still causing massive disruption for visitors to the island, laying bare the disorganisation and poor infrastructure that challenge Italy's tourism ambitions. The fire broke out on July 17 at Catania airport, below Mount Etna, which acts as a hub for the east of Sicily and attracts more arrivals than the capital Palermo. Some disruption was inevitable, but visitors describe scenes of utter chaos that jar with the government's jaunty "Welcome to Wonder" advertising campaign, which aims to attract tourists using a computerised "influencer" version of Venus. "We are now told our flight won't leave before 6 p.m. (1600 GMT). "Airport people were shouting the names of the flights to be boarded, but what happens if you don't hear them?," she said.

Persons: Julie, Maria Grazia Salamone, Ugo Zinna, Guglielmino, Alberto Chiumento, Gavin Jones, Sharon Singleton Organizations: Reuters, Thomson Locations: CATANIA, Italy, Sicily's, Catania, Mount Etna, Sicily, Palermo, California, Taormina, Syracuse, Rome, Genoa, Catania's, Belpasso

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