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I spent six days in the Swiss city of Basel, exploring the town's rich art scene. AdvertisementWhen you land in Basel, Switzerland, you land in a Swiss fantasy. I had arrived for its biggest art celebration: Art Basel, an international fair where 250 gallerists feature 4,000 artists. Monica Humphries/Business InsiderHere, I tracked down French pastries, hopped on a trolly tour, and got lost in the picturesque streets. The one thing I feel I missed during my Basel trip was a visit to Germany.
Persons: , Monica Humphries, Jean Tinguely's, Pablo Picasso, Henri Matisse, Julio Le Parc's, Queen Elizabeth II, it's, I've Organizations: Service, Basel, Kunstmuseum Basel, DJ, Basel would've Locations: Swiss, Basel, France, Germany, Switzerland, It's, Basel's Klybeck, Klybeck, Miami, Bushwick , Brooklyn, Colmar, Alsace, Kandersteg, Titisee, Baden, Europa, France's, Bern, Lucerne
An Illinois woman manipulated her cheating boyfriend to believe he was being threatened by violent drug runners, leading him to slaughter a family of four before killing that tech-savvy girlfriend and himself, police said Thursday. Huey and long-time girlfriend Ermalinda Palomo were spotted days later in Oklahoma. “The tragic deaths of a young family, including two young children, will forever impact the surviving family and those that investigated this case,” Romeoville Police Chief Brant Hromadka said in a statement. “At this time, Nathaniel and Ermalinda (playing a character) began planning Zoraida’s murder,” Zakula wrote. “I conclude, without dissent from any attendee, that Nathaniel and Ermalinda are solely responsible for the murders,” Zakula wrote.
Persons: Nathaniel Huey Jr, Zoraida Bartolomei, Alberto Rolon, Huey, Ermalinda Palomo, Huey gunning, Palomo, Palomo’s, , Brant Hromadka, ” Palomo, Bartolomei, Huey “, Ermalinda, Daniel Zakula, “ Ermalinda, Nathaniel, , Zoraida, ” Zakula, Zoraida’s, ” Huey, Chris Burne, Grundy, Jeff German Organizations: Romeoville Police, Romeoville, ” Police, Task Locations: Illinois, Chicago, Romeoville, Streamwood, Oklahoma, Mexican, Rolon, Bartolomei
Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Zim Integrated Shipping Services – The international shipping company's stock fell more than 9% after U.S. dockworkers and the United States Maritime Alliance agreed to a tentative deal to end the strike on the East Coast and Gulf Coast ports. CVS Health – The company's shares added 1.5% as it is considering breaking itself up and undergoing a strategic review of its business. Chubb – The insurance company slipped more than 1% after Bank of America downgraded shares to underperform from neutral.
Persons: Hapag, Lloyd, Rivian, Chubb, SilverCrest, , Jesse Pound, Brian Evans, Hakyung Kim, Pia Singh, Michelle Fox Theobald Organizations: Spirit Airlines, JetBlue, Wall Street Journal, Food and Drug Administration, Zim Integrated Shipping Services, U.S, dockworkers, United States Maritime Alliance, CVS Health, CVS, Bank of America, SilverCrest Metals, Coeur Locations: East Coast, Gulf Coast
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. LONDON — European stocks were poised for a higher open Friday as traders continue to monitor the escalating conflict in the Middle East and look ahead to the latest U.S. jobs report. The FTSE 100 was seen opening up 7 points at 8,281, Germany's DAX 38 points higher at 19,029, France's CAC up 23 points at 7,489 and Italy's FTSE MIB 100 points higher at 32,171, according to IG data. It comes after the Stoxx 600 shed 1% Thursday as geopolitical tensions have contributed to a shaky start to October. Investors are looking ahead Friday to the September's payrolls report, with U.S. futures little changed overnight.
Persons: DAX, Germany's DAX Organizations: LONDON, France's CAC, Investors Locations: Frankfurt, Germany
Bitcoin investors are grappling with a demand dearth that has pushed the cryptocurrency into bear market territory at times. (In the first quarter, bitcoin ETFs bought about 9,000 BTC daily on average, following their January launch.) In the fourth quarters of 2012, 2016, and 2020 — the previous Bitcoin halving years — bitcoin prices rose by 9%, 59%, and 171%, respectively. The most recent halving — the supply cutting event that takes place every four years — happened this April. BTC.CM= YTD mountain Bitcoin (BTC) year-to-date Bitcoin is set up well for the final quarter , but it's still working through a supply overhang from the U.S. and German governments as well as Mt.
Persons: It's, John Todaro, Needham, uptrend, it's, Wolfe, Rob Ginsberg, Owen Lau, Oppenheimer Organizations: CNBC, BTC, Federal Reserve, U.S Locations: China, U.S
Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.
Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,
Prince William watches Aston Villa stun Bayern MunichAston Villa fan Prince William was in the stands to celebrate his team’s memorable win against Bayern Munich. 15-time Champions League winner Real Madrid suffered its first defeat of the season with a 1-0 loss against Lille, an early setback in the team’s European title defense. Kylian Mbappé, hoping to win a first Champions League of his career, was left frustrated against Lille. With that, Salah stretched his run of scoring at home in the Champions League to five matches – the first player in the club’s history to do so. Salah celebrates Liverpool's second goal.
Persons: Mohamed Salah, Here’s, Prince William, Aston, Jhon, Villa, Pau Torres ’, Durán, Manuel Neuer, Mike Egerton, Emi Martínez, Serge Gnabry, Harry Kane, , , Unai Emery, , Eduardo Camavinga’s, Jonathan David, Andriy Lunin’s, Tiago Santos, Antonio Rüdiger’s, Lucas Chevalier, Jude Bellingham’s, Kylian Mbappé, Stephanie Lecocq, Arda Güler, Les Dogues, Carlo Ancelotti, Alexis Mac Allister, Dan Ndoye, Salah, Liverpool's, Paul Ellis, Arne, Michele Di Gregorio, Vlahović, Benjamin Šeško, Di Gregorio, Douglas Luiz, , Šeško, Signora, Francisco Conceição, David Raum’s, Lisi Niesner, Germain Organizations: CNN, Aston Villa, Bayern Munich Aston Villa, Bayern Munich, Bayern, Press Association, Villa, Champions League, Dinamo Zagreb, Manchester City, Borussia Dortmund –, , Lille, Real Madrid, League, France’s, Sporting CP, Bologna, Reds, Italian, Milan, Liverpool, Getty, Champions League –, ” Juventus, Juventus, RB Leipzig, Juve, Reuters, Salzburg, Brest Stuttgart, Sparta Prague Arsenal, Paris Saint, Germain Barcelona, Young Boys Bayer Leverkusen, Milan Borussia Dortmund, Celtic Internazionale, zvezda, Red Star Belgrade, PSV, Sporting Clube de Portugal Slovan Bratislava, Manchester City Shakhtar Donetsk, Atalanta Girona, Feyenoord Benfica, Madrid Liverpool, Bologna RB Leipzig, Juventus Lille, Real Madrid SK Sturm Graz, Brugge Aston Villa, Bayern Munich Dinamo Zagreb, AS Monaco Locations: Europe, Manchester, Barcelona, underwhelm, France’s Ligue, Matchweek, Bologna, AFP, Paris
Western defense companies are increasingly setting up operations on Ukrainian soil. They add to a growing Western defense presence in the country. AdvertisementUS and European defense companies are increasingly setting up operations in Ukraine, with the brutal war raging on and presenting plenty of opportunities. And an unnamed US State Department official told Defense One that more American defense companies seem interested in establishing themselves in Ukraine. Russia's invasion of Ukraine has been a major boost for Western defense companies, with many nations increasing their defense spending.
Persons: , CAESAR, Rustem Umerov Organizations: Service, Kyiv Independent, Rheinmetall, Lynx, US State Department, Defense, Washington DC, for, West, Center for Strategic, International Studies Locations: Ukraine, Russia, Kyiv, Ukraine's, Ukrainian, American, Virginia, Washington
The statement came a day after the US Coast Guard said it spotted four vessels from the Russian Border Guard and Chinese Coast Guard in the Bering Sea – the “northernmost” location it said it had ever observed the Chinese ships. A banner visible on one of the vessels in accompanying photos read “China Coast Guard devoting its heart to the Party; demonstrating loyalty in the Arctic Ocean,” referring to China’s ruling Communist Party. The US Coast Guard (USCG) on Monday said it spotted the four vessels from the Russian Border Guard and Chinese Coast Guard “transiting in formation in a northeast direction” in the Bering Sea, some five miles inside Russia’s Exclusive Economic Zone on Saturday. A China Coast Guard member pictured during recent joint drills with Russia. The coast guard collaboration “relates to Chinese interests in maritime transportation along at least parts of the Northern Sea Route,” according to Østhagen.
Persons: Russia –, China’s, , Megan Dean, irked, Carl Schuster, it’s, , Sophie Arts, ” Andreas Østhagen Organizations: Hong Kong CNN, China’s Coast Guard, US Coast Guard, Russian Border Guard, Chinese Coast Guard, China Coast Guard, Communist Party, CCTV, TASS, 17th Coast Guard District, USCG, Canadian, Russia’s Federal Security Service, East China, Coast Guard, Guard, US Navy, Pacific Command’s Joint Intelligence Center, China, US Department of Defense, German Marshall Fund, Fridtjof Nansen Institute, CNN, Armed Police, Central Military Commission, Centre for High North Logistics, Norway’s Nord University Locations: Hong Kong, Russia, Beijing, , Bering, Alaska, Asia, North America, China, Washington, South, East, irked Beijing, Ukraine, Russian, Norway, South China, Philippines, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should not underestimate our influence in emerging markets, says German state secretaryJochen Flasbarth, state secretary in the German federal ministry for economic cooperation and development, discusses global supply chains.
Persons: Jochen Flasbarth
While dogs are a man's best friend, they do add risk to a household and present challenges when you shop for homeowners insurance if you've run into the dog breeds insurance blacklist. Here's how dog breeds can affect your homeowners insurance, including the specific types of aggressive dog breeds that might increase your premiums or limit coverage options. The Most Commonly Restricted Dog BreedsDog breeds insurance blacklist usually varies by carrier, but here are some of the most common dog breeds that homeowners insurance companies tend to restrict. Dog Breeds Banned by Homeowners Insurance FAQHow do I find out if my dog is on the dog breeds insurance blacklist? Yes, some homeowners insurance companies that don't restrict dog breeds include State Farm, Chubb, and USAA.
Persons: Deborah Turner, Turner, Doberman, Danes Chow Chows, Courtnye Jackson, Chubb, USAA —, Jackson, Jamela Adam, Read Organizations: Insurance, Dean Insurance Agency, underwriters, Bulls, Huskies Staffordshire Terriers, Pit Bulls, Rottweilers, Insurance Information Institute, Triple, American Society for, Prevention, American Property, Casualty Insurance Association, American Kennel Club, Forbes, . News, Mint Intuit Locations: New York , Nevada, Illinois
UK's JD Sports shrugs off Nike woes with multi-brand approach
  + stars: | 2024-10-02 | by ( ) www.cnbc.com   time to read: +2 min
(photo by John Keeble/Getty Images)British sportswear retailer JD Sports Fashion is confident it will meet annual profit forecasts after its multi-brand strategy boosted half-year results even as Nike, which accounts for 45% of its sales, struggles. Nike on Tuesday posted disappointing quarterly sales growth and warned its holiday season would likely be filled with discounts. Worries over Nike hit shares in JD Sports in early deals. In the 26 weeks to Aug. 3, JD posted adjusted pretax profit of 405.6 million pounds ($538.8 million), beating analysts' expectations of 384 million pounds. For the full financial year, JD reiterated its guidance for profit of between 955 million pounds and 1.035 billion pounds, up from 917.2 million pounds in 2023/24.
Persons: John Keeble, Nike's underperformance, Regis Schultz, Elliott Hill, JD Organizations: Sports, Oxford Street, Getty, JD, Nike, Adidas, JD Sports Locations: ENGLAND, London, England, British, HOKA, Britain, Europe, United States
Prosecutor Ute Lindemann argued that he should be convicted of two counts of rape and two of sexual abuse, and should be kept in preventive detention after he has served a 15-year sentence, German news agency dpa reported. The suspect hasn’t been charged in the McCann case, in which he is under investigation on suspicion of murder. He is currently serving a seven-year prison sentence in Germany for a rape he committed in Portugal in 2005. There are no formal pleas in the German legal system and there is no obligation for defendants to respond. In July, the court lifted an arrest warrant in the cases at stake in the current trial, citing a lack of “urgent suspicion” against the defendant.
Persons: Brueckner, Prosecutor Ute Lindemann, Lindemann, hasn’t, McCann Organizations: Berlin AP, Prosecutor Locations: Braunschweig, Germany, Portugal, Praia da Luz
CNN —High-scoring matches, unwanted records and an unlikely winning run – Tuesday’s UEFA Champions League round seemed to have it all. Manchester City equals ‘unbeaten’ recordManchester City has set a number of records while commanding the English Premier League in recent seasons, but it appears its dominance also stretches to the Champions League. The Scottish side was unbeaten this season heading into the game, having also won its first Champions League match 5-1 last month. While City and Dortmund won easily on Tuesday, Barcelona also thrashed Young Boys 5-0 and Internazionale beat Red Star Belgrade 4-0. The French side continued its perfect start to the new Champions League season with a 4-0 win against Red Bull Salzburg on Tuesday.
Persons: CNN —, , Pep, , ” Guardiola, Opta, Karim Adeyemi, Ina Fassbender, Emre, Daizen Maeda, Karim Adeyemi’s, Serhou, Guirassy, Felix Nmecha, Brendan Rodgers, it’s, Kerstin Joensson, Abdallah Sima, Mahdi Camara, Mathias Pereira Lage, Bayer Organizations: CNN, UEFA, League, CNN Sport, Manchester City, English Premier League, Champions League, Slovan Bratislava, Opta, Manchester United, City, Sparta Prague, Real Madrid, Borussia Dortmund, Celtic, Scottish, Getty, Dortmund, , Young Boys, Internazionale, Red Star Belgrade, Red Bull Salzburg, Brest, Ligue, Austrian, Sturm Graz, Salzburg, UCL, Bayer Leverkusen –, AC Milan Locations: Europe, City, Dortmund, AFP, Barcelona, Brest
If you like your European midweek football this is the week for you, with 54 Champions League, Europa League and Conference League matches being crammed into three nights. The Champions League kicked things off with some of the competition’s favourites beginning to bare their teeth. It was also, incredibly, their 31st defeat from 37 Champions League group stage away games. Ilkay Gundogan, Phil Foden, Erling Haaland and a first Champions League goal for James McAtee saw City get their first win of this year’s competition. They lost a number of key players in the summer and can’t even play Champions League games at their own home, with the 15,000 capacity Stade Francis-Le Ble not up to Champions League standards (they’re hosting matches at Guingamp’s Stade du Roudourou instead).
Persons: Olivier Giroud, Germain, Luis Enrique, Mikel Arteta’s, Nuno Mendes, Joao Neves, Kai Havertz, Gianluigi Donnarumma, Leandro Trossard’s, l, e, sid e, Rob e, Lew, Rea, , Camara, enki, – they, night., ashe, hal f, alf of a, Brendan R, c Roy, are, tim e, eason, Francis, Le Bl, ning, Bayer, ade 0 P, 45pm E, ina Organizations: Champions League, Europa League, Conference League, League, Arsenal, Manchester City, Borussia Dortmund, Brest, Bayern Munich, Paris Saint, Emirates, sco, RIM, rit, UE, eni, Graz, Salzburg …, pla Locations: Barcelona, Emirates, Nis, goa, Zagreb, Ata, Brest, Austria, Red Bul, arta
“I believe all fuels will be made in this way, and we won’t be using fossil fuels anymore at all. Zero continued its foray into motorsport in April, linking up with 2B Autosport to become the first synthetic fuel partner in rally car racing. Zero PetroleumZero could perhaps seek to emulate P1 Fuels, a synthetic fuel firm that is already an established player in the industry. Porsche announced this year that the Porsche Mobil 1 Supercup – a one-make stock car series – would run exclusively on synthetic fuels produced at the Haru Oni plant. In addition, some experts suggest that electric power, a significantly cheaper alternative to synthetic fuels, would be a much more efficient way of decarbonizing the sport than synthetic fuel.
Persons: BloombergNEF, Haru, , Paddy Lowe, , Lowe, Nigel Mansell, Nico Rosberg, Mika Häkkinen, Lewis Hamilton, Peter J Fox, “ petrolhead, “ I’ve, Damon Hill, Zero, Valtteri Bottas, Zhou Guanyu, Lamborghini Miura, Diehard, Jean Todt, Loredana Sangiuliano Organizations: CNN, Zero Petroleum, diesel, Vehicles, NASCAR, CNN Sport, Hydrogen Insight, McLaren, Mercedes, Constructors, Formula One, Sauber, Autosport, British Royal Air Force, Zero, P1, World, Porsche, Porsche Mobil, Aramco, Former International Automobile Federation, FIA, E Locations: Bicester , England, Southern Chile, Bicester, Saudi
Harry Kane has never won the Champions League but if Matchday 1 was anything to go by, the England captain is desperate to do so. Follow the Champions League on The AthleticFirst, what happened on Matchday 1? Ligue 1 side Brest took no time to acquaint themselves with the Champions League, beating Austrian champions Sturm Graz 2-1 on their debut in the competition. The 26-year-old USMNT winger has scored in his last two Champions League games and could become the first American to score in three consecutive appearances. It was the first time in the Champions League that three substitutes had all directly contributed to a goal.
Persons: Harry Kane, Kane, Lamine Yamal, Michael Olise, Kylian, Ethan, Yamal, Ansu Fati, Eric Garcia, Villa, Germain, Martin Odegaard, Mikel Arteta’s, David Raya, Mateo Retegui, Raya, Timothy Rogers, Paulo Gazzaniga’s calamitous, Ousmane Dembele, Luis Enrique, Florian Wirtz, Wirtz, Dean Mouhtaropoulos, Brendan Rodgers ’ Celtic, Daizen Maeda, England’s Jamie Gittens, Serhou, Felix Nmecha, KURT DESPLENTER, Aston, Unai Emery, Villarreal, Jose Mourinho, Neville Williams, Vincent Kompany, Benjamin Sesko, Jose Maria Gimenez’s, Sesko, Bayer, Maja Hitij, Kenan Yildiz, Pietro Fanna, Thiago Motta’s, Dusan Vlahovic Organizations: Champions League, Bayern Munich, Dinamo Zagreb, Aston Villa, Bayer Leverkusen, Real, League, The, Bayern, Stuttgart, Lille, Monaco, Young Boys, Liverpool, AC Milan, Scottish, Celtic, Slovan Bratislava, Manchester City, Arsenal, — Inter Milan, Atalanta, Ligue, Brest, Austrian, Sturm Graz, Red Bull Salzburg, Paris Saint, Leicester City, Premier League, Getty, PSG, Newcastle United, Bayer, Bayer Leverkusen’s, Feyenoord, Leverkusen, Milan, Inter Milan, Borussia Dortmund, Dortmund, Club Bruges, MAG, Villa, Europa League, Aston Villa FC, Bundesliga, Zagreb, Tottenham Hotspur, Leipzig, Juventus, Wednesday, Atletico, Augsburg, PSV Eindhoven, Serie A, Genoa, TNT Sports, Paramount, Salzburg, Sparta Prague, Amazon, Sporting Lisbon, Barcelona, Red Star Belgrade, Shakhtar Donetsk, Girona, Benfica, Atletico Madrid, Bologna, Real Madrid Locations: England, Saturday’s, U.S, Crystal Palace, Endrick, Lille, Barcelona, Bern, Girona, Europe, Christian Pulisic, American, Milan, Celtic, Stuttgart, dinked, Slovenia, Madrid, Leipzig, Germany, Brest
Major League Soccer is teaming up with German digital media platform OneFootball to provide highlights, stats and other content to a global audience. As part of the deal OneFootball will have access to highlights of hundreds of MLS matches each season. Since joining Inter Miami, Messi has fueled MLS' attendance and audience, and there has been an increase in sponsorship revenue, according to data from the league. Global social media engagement has also increased substantially for MLS, particularly on YouTube and TikTok, according to data from the league. For OneFootball, adding MLS made sense as the U.S. has become one of the fastest-growing markets for soccer, said OneFootball CEO Patrick Fischer.
Persons: Lionel Messi, we're, Seth Bacon, Messi, That's, Patrick Fischer, Fischer Organizations: Inter Miami, St, Louis City, Chase, Major League Soccer, MLS, Real Madrid, FC Barcelona, Manchester City, American, Global, YouTube, Yahoo Sports, U.S, OneFootball, FIFA Locations: Louis, Fort Lauderdale , Florida, OneFootball, European, U.S
Abu Dhabi's state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for 14.7 billion euros ($16.4 billion). The deal represents an enterprise value of 14.7 billion euros, ADNOC said in a separate statement. "As a global leader and industrial pioneer in chemicals, Covestro brings unmatched expertise in high-tech specialty chemicals and materials, using advanced technologies including AI," said Sultan Ahmed al-Jaber, group CEO and managing director of ADNOC. As part of the deal, ADNOC also signed an investment agreement in which it pledged to provide additional funding by buying 1.17 billion euros worth of new shares of Covestro from a capital increase. Earlier this year the UAE oil giant closed a deal acquiring a 24.9% stake in Austrian chemicals firm OMV.
Persons: Abu Dhabi's, Covestro, ADNOC, Sultan Ahmed al, Jaber, Fertiglobe, Jefferies Organizations: Abu, Abu Dhabi National Oil Company, Bayer Locations: Leverkusen, Germany, ADNOC, Abu Dhabi, London, UAE, Fertiglobe
LONDON — European stocks are expected to kick off October trading in positive territory after ending September on a somber note. The upbeat start to October comes after European stocks closed lower on Monday, with almost all sectors and major bourses in negative territory. Investor focus on Tuesday will be centered on preliminary inflation data from the euro zone for September. Preliminary harmonized German inflation data released on Monday showed the country's consumer price index eased to 1.8% in September, down from 2% in August. Last week, preliminary data showed the harmonized inflation rate in both France and Spain plunged below the ECB's 2% target in September.
Persons: Germany's DAX Organizations: CAC, IG, European Central Bank Locations: France, Spain
Iran, Israel, and other neighboring nations closed their airspaces, forcing flight diversions. Some Lufthansa flights returned to Frankfurt several hours into their journeys to India and Dubai. AdvertisementFlightRadar24 shows Swiss and Lufthansa flights diverting amid Iran attacks on Israel on Tuesday. Several other carriers were also being forced to divert as route options remained limited between Europe, the Middle East, and Asia. AdvertisementAirlines like Japan Airlines, British Airways, and Finnair added up to four hours of flight time to avoid the Kremlin's airspace on flights between Asia and Europe amid Russian airspace closures and sanctions.
Persons: , FlightRadar24, Finnair Organizations: Lufthansa, Service, German, Swiss, Emirates, British Airways, Royal Jordanian Airlines, El, Business, Airlines, Japan Airlines Locations: Iran, Israel, Frankfurt, India, Dubai, Jordan, Iraq, Europe, Zurich, Antalya, Turkey, Asia, London, Paris, Amman, Israeli, Rhodes, Greece, Tel Aviv, Larnaca, Cyprus, East, Russia, Ukraine
A September surprise has given bitcoin a head start on a potential run to record highs in the fourth quarter. The cryptocurrency posted a 7.7% gain for September — historically its weakest month of the year — and its best month since May. The month has become known to native crypto investors as "Uptober." … As crypto becomes increasingly correlated with traditional markets, it's expected to be another strong month." Investors expect bitcoin's price will be driven by rate cuts, more inflows into bitcoin ETFs by institutions and clarity following the election.
Persons: Ether, Bitcoin, Jerome Powell, James Davies, " Davies, David Duong, Duong, we've, bitcoin, it's, — CNBC's Michael Bloom, Nick Wells Organizations: U.S, International Longshoremen's Association, Gulf Coasts, bitcoin Locations: U.S, China
ADNOC and Covestro deal is 'unprecedented,' says Covestro CEO
  + stars: | 2024-10-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailADNOC and Covestro deal is 'unprecedented,' says Covestro CEOMarkus Steilemann, CEO of Covestro, discusses the "unprecedented deal" between ADNOC and Covestro, and what this could mean for the future of the German chemicals industry.
Persons: Markus Steilemann
For San Marino, these are some of the greatest results in the nation’s history. San Marino, a tiny microstate within Italy, is home to 33,600. Between 2006 and 2023, San Marino held the unwanted record of suffering the biggest defeat in European Championship qualifying history – a 13-0 drubbing by Germany. Bernd Schneider makes it 13-0, scoring a penalty past San Marino goalkeeper Aldo Simoncini. One goal early in the second half from 19-year-old Nicko Sensoli – who had not yet been born when San Marino last won – was enough.
Persons: San, San Marino, Serenissima, , Dante Rossi, Marcello Mularoni, Nicola Nanni, ” Mularoni, it’s, Jude, Bellingham, ” Marcello Mularoni, Giuseppe Maffia, Rossi, ” Dante Rossi “, Bernd Schneider, Aldo Simoncini, Giampiero Sposito, Mannschaft, Jens Lehmann, , Alessandro Sabattini, Martino Bastianelli, Mai, Gioia, ” Christian Santini, FSGC Rossi, Bastianelli, ’ ”, Santini, La Serenissima, Mularoni, , ’ ” Rossi, Roberto Cevoli, , ” Dante Rossi, Sensoli –, , ” San, I’ve, Gioia – ‘ Organizations: CNN, FIFA, team, CNN Sport, San, Torres, Serie C, Liechtenstein, UEFA Nations League, San Marino, Wembley, England, Sammarinese, Brigade, Serie, Empoli, Fiorentina, Liechtenstein –, ” San Marino, Locations: Denmark, Finland, Latvia, San Marino, Italy, Marino’s, England, Wembley, Germany, Dortmund, Liechtenstein, San, Bavarian, Munich, Austria, Tuscany, Pisa, Gibraltar
A Tesla factory boss defended the decision to knock on workers' doors when they are off sick. AdvertisementThe boss of Tesla's German factory has defended the decision to send managers to knock on workers' doors while off sick. Thierig said turning up at employees' homes was not unusual, according to German press agency DPA, as reported by The Telegraph. Tesla factory execs have previously said the rate of sick leave was higher on Fridays. The high rates of sick leave have drawn the attention of Elon Musk.
Persons: André Thierig, Elon, , Tesla, Handelsblatt, Thierig, Elon Musk Organizations: Service, The Telegraph, Tesla Locations: Berlin, Europe
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