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☆ Exclusive: CEZ plans to bid for Czech gas distribution network GasNet
▼ + stars: | 2023-08-07 | by ( Jan Lopatka | ) www.reuters.com time to read: +3 min

Electricity transmission lines carry power from CEZ's Ledvice coal-fired power plant near the village of Ledvice, Czech Republic, February 9, 2016. REUTERS/David W Cerny/File PhotoPRAGUE, Aug 7 (Reuters) - Czech electricity producer CEZ (CEZP.PR) plans to bid for the country's gas distribution network GasNet if it goes on sale, CEZ's deputy chairman said, as it would complement CEZ's expansion into gas, a transitional fuel in the shift from coal to clean energy. Pavel Cyrani told Reuters that CEZ would bid when a formal sale process is launched for GasNet, adding the unit would also be a good fit for CEZ's electricity distribution business. GasNet, owned through Czech Gas Network Investments by a consortium led by Macquarie Asset Management and including British Columbia Investment Management Corporation and Allianz Capital, covers 80% of the country's gas distribution through a network of 65,000 km of gas pipelines. "Having gas distribution in the hands of a strong local player would clearly help us in this effort," a spokesman said.

Persons: David W Cerny, Pavel Cyrani, Cyrani, Macquarie, GasNet, Jan Lopatka, Jason Hovet, Susan Fenton, Louise Heavens Organizations: REUTERS, Reuters, Czech Gas Network Investments, Macquarie Asset Management, Columbia Investment Management Corporation, Allianz Capital, Thomson Locations: Ledvice, Czech Republic, Czech, Prague, Ukraine

☆ Ukraine says Jeddah talks 'huge blow' to Russia, new meeting agreed
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +3 min

Yermak said all the countries present at the talks in Jeddah fully supported Ukrainian independence and territorial integrity, and that only peace initiatives put forward by Ukraine were discussed at the meeting. Ukraine hopes the talks in Saudi Arabia will help pave the way to a peace summit that would back Zelenskiy's vision of peace. Between those two meetings, the various sides would hold separate conferences on each of the peace plan's points, he said. "We are ready to hear everyone, but it is logical that it should be the Ukrainian (peace) formula," he said. He also told the briefing that Russia had made efforts to disrupt the talks in Saudi Arabia, but provided no details of how Moscow had done that.

Persons: Andriy Yermak, Volodymyr Zelenskyi, Read, Volodymyr Zelenskiy, Yermak, Pavel Polityuk, Tom Balmforth, Christina Fincher Organizations: International, Thomson Locations: Ukraine, Kyiv, KYIV, Ukrainian, Saudi Arabia, Russia, China, India, United States, Moscow, Jeddah

☆ Ukraine says three killed in Russian shelling of Kherson, Kharkiv region
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

KYIV, Aug 7 (Reuters) - A woman was killed early on Monday when Russian forces shelled the southern Ukrainian city of Kherson, while two other people were killed in Russian shelling of border areas of the Kharkiv region in northeast Ukraine, officials said. Both the city of Kherson and parts of the Kharkiv region are directly adjacent to the front line. The Ukrainian military has reported increased Russian attacks in the Kharkiv region in recent days. Ukraine recaptured Kherson city and parts of the Kherson region in November after months of Russian occupation, but Russian forces regularly shell the city and surrounding areas from across the Dnipro River. This month a doctor was killed and five medical workers were wounded in Russian shelling of a Kherson hospital.

Persons: Oleksandr Prokudin, Prokudin, Andriy Yermak, Pavel Polityuk, Robert Birsel, Gareth Jones Organizations: Ukrainian, Ukraine, Thomson Locations: Ukrainian, Kherson, Kharkiv, Ukraine, Dnipro, Russia

☆ Poland finds leak on one part of Druzhba oil pipeline from Russia to Europe
▼ + stars: | 2023-08-06 | by ( Anna Wlodarczak-Semczuk | ) www.reuters.com time to read: +4 min

A view shows a leak detected in Druzhba oil pipeline as reported by Polish pipeline operator PERN, in Chodecz, Poland August 5, 2023, in this picture obtained from social media. The leak was detected near Chodecz, central Poland, on one of the two lines of the western section of the Druzhba through which crude oil reaches Germany, PERN said. Germany stopped buying Russian oil in January, but German media have reported that Kazakh oil was being imported through the line. The Druzhba oil pipeline is one of the world's largest and can carry 2 million barrels per day. Flows through the Druzhba pipeline have dropped sharply since Russia's invasion of Ukraine and pipeline infrastructure has been hit several times since in attacks that Moscow has blamed on Ukraine.

Persons: Anna Trzeciakowska, Grzegorz Jankowski, Vera Eckhert, Pavel Polityuk, Frances Kerry, Philippa Fletcher Organizations: REUTERS Companies, Firefighters, State Fire Services, TVN24, German Economy Ministry, Thomson Locations: Chodecz, Poland, WARSAW, Russia, Europe, Moscow, Ukraine, Germany, Wloclawek, Eastern, Central Europe, Belarus, Nord, Baltic

☆ Ukraine calls Jeddah talks productive, Russia calls them doomed
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +3 min

[1/2] Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link at the Kremlin in Moscow, Russia August 4, 2023. More than 40 countries, including China, India, the United States, and European countries, but not Russia, are taking part in the Jeddah talks that are expected to end on Sunday without any written concluding statement. President Volodymir Zelenskiy has said he wants a global summit to take place based on those principles later this year. Eighteen months after Russia invaded Ukraine, any prospect of direct peace talks between Kyiv and Moscow appears remote. Yermak said different viewpoints emerged during the talks in Saudi Arabia, calling them "an extremely honest, open conversation".

Persons: Vladimir Putin, Aleksey Babushkin, Volodymir Zelenskiy, Zelenskiy's, Andriy Yermak, Sergei Ryabkov, Yermak, Pavel Polityuk, Angus McDowall, Barbara Lewis Organizations: Security, Kremlin, Sputnik, REUTERS, Global, Thomson Locations: Moscow, Russia, Kremlin, Ukrainian, Saudi Arabia, Kyiv, China, India, United States, Jeddah, Ukraine, Copenhagen, Saudi, Beijing

☆ Ukraine gets rid of Soviet symbols on Motherland monument in Kyiv
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +2 min

[1/5] Workers mount a Ukrainian national emblem to the shield of the 'Motherland' monument replacing the Soviet one, amid Russia's attack on Ukraine, at a compound of the World War II museum in Kyiv, Ukraine August 6, 2023. REUTERS/Valentyn OgirenkoKYIV, Aug 6 (Reuters) - Workers installed Ukraine's national trident on an iconic monument depicting the Motherland in Kyiv on Sunday, replacing old Soviet symbols in one of the most visible examples of breaking away from the past and Moscow's influence. Originally, the shield bore the Soviet Union's coat of arms - a crossed hammer and sickle surrounded by ears of wheat. Kyiv says the invasion appears to be an imperial mission to recreate the Soviet Union. Ukraine outlawed Soviet symbols in 2015, the year after Russia annexed Crimea and backed separatist proxies in the country’s east.

Persons: decommunize, Vladimir Putin, Vladimir Lenin, John McCain, Olena Harmash, Yurii, Pavel Polityuk, Frances Kerry Organizations: Workers, REUTERS, KYIV, Soviet Union, European Union, Soviet, Thomson Locations: Ukrainian, Soviet, Ukraine, Kyiv, Valentyn, Dnipro, Russian, Soviet Union, Russia, Crimea, U.S

☆ Inside Prague's Institute of Crypto Anarchy — where they're plotting to bring down the dollar
▼ + stars: | 2023-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

Today, that union of minds finds refuge in Prague in a retrofitted factory building called Paralelní Polis, or "parallel world." The dark stucco of Polis' Prague headquarters is an outlier among the ornate, brightly-colored buildings that tower over it. ETHPrague 2023 was held at Paralelní Polis in the Czech Republic Pavel SinaglThe 'parallel world' concept is sticky. The Vienna branch goes so far as to self-describe as a living example of how "the Paralelní Polis cryptoliberation virus is spreading." The most popular Czech bitcoin YouTuber boasts 90k subscribers, while the annual Czech-only bitcoin conference called Chaincamp attracts around 2000 visitors, even during the bear market."

Persons: Czech Republic Pavel Sinagl, Ztohoven —, Ztohoven, provocateurs, Václav Benda, Dan Ligocký, Ligocký, William Lobkowicz, ethereum, Vitalik Buterin, Ethereum, Pavel Sinagl, Prague MacKenzie Sigalos, Holy, William, Ileana Lobkowicz, Josef Tětek, Tětek, isn't, biohacking, —, Carl Menger, Friedrich Hayek, BTCPrague, Michael Saylor, Satoshi cryptographer, Adam Back, Saifedean Ammous, bitcoin, Gary Gensler, bitcoin maximalist, Vaclav, — Matěj Žák, Jan Čapek, Christoph Kassas, YouTuber Jakub Vejmola, Jameson Lopp, Stephan Livera, Robert Breedlove, Stani Kulechov, Ondrej Polak, Czech Republic Pavel Sinagl Ligocky Organizations: Paralelní, CNBC, European Union, Polis, of Cryptoanarchy, Austrian, Securities, Exchange, Czech Craft, U.S, Treasury, Casa, Ethereum Foundation, Czech Blockchain Association, optimist Locations: Paralelní Polis, Czech Republic, Czech Republic Pavel Sinagl PRAGUE, Czech, Bohemian, Prague, It's, Polis, Polis —, Lobkowicz, Nazi, Vienna, Barcelona, Bratislava, Slovakia, Košice, Austrian, ., Alza, Bohemia, Europe, Old Town, Holešovice

☆ Romania bids to clear Danube logjam after Ukraine attack
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +4 min

Romanian authorities managing the waterway still expect a "peak" in traffic in August, despite the attack, an official said. Before Russia pulled out of the safe passage corridor, the Danube ports accounted for around a quarter of Ukraine's grain exports. Romanian President Klaus Iohannis said Russia's attacks on Ukraine's civilian infrastructure on the Danube amounted to war crimes. "We will clear around 30 ships in two days, at least 12 today, if not 14, and the rest tomorrow." Industry sources have told Reuters war risk cover for Ukraine's ports that were part of the previous grain deal had already been suspended.

Persons: Klaus Iohannis, Florin Uzumtoma, Uzumtoma, Izmail, Denys Shmyhal, Shmyhal, Mykola Solsky, Luiza Ilie, Jonathan Saul, Pavel Polityuk, Peter Graff, Conor Humphries Organizations: United, Reuters, underwriters, Industry, Insurance, NATO, Thomson Locations: Romania, Ukraine, BUCHAREST, KYIV, Izmail, Ukrainian, Russia, United Nations, Turkey, Romanian, Constanta, Musura, Bucharest, London, Kyiv

☆ Russia strikes Ukraine's Danube port, sending global grain prices higher
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

Ukraine's defence ministry said a grain silo was damaged in the Danube port of Izmail in the Odesa region: "Ukrainian grain has the potential to feed millions of people worldwide," the ministry wrote on messaging platform X, formerly known as Twitter. Russian terrorists have once again attacked ports, grain, global food security." "The enemy... is trying to destroy Ukrainian grain, attacking industrial and port infrastructure. Ukrainian officials have said Moscow has hit 26 port facilities, five civilian vessels and 180,000 tonnes of grain in nine days of strikes since quitting the grain deal. Ukraine's Air Force reported that Russia also launched a drone attack on Kyiv and the surrounding region overnight.

Persons: Oleh Kiper, Kiper, Volodymyr Zelenskiy, Izmail, Ukraine's, Serhiy Bratchuk, Pavel Polityuk, Jacqueline Wong, Tom Hogue, Simon Cameron, Moore, Peter Graff Organizations: REUTERS, Ukrainian Volunteer Army, United Nations, Ukraine's Air Force, Air, Thomson Locations: Russian, Ukraine, Odesa, REUTERS KYIV, Russia, Romania, Moscow, reimpose, Izmail, NATO, Ukraine's, Chicago, Constanta, Turkey, Kyiv

☆ Russia strikes Ukraine's Danube port, driving up global grain prices
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

Kubrakov, writing on Facebook, said the Danube ports' infrastructure had been "devastated". "Ukrainian grain is indispensable for the world and cannot be replaced by any other country in the coming years," he wrote. "The port of Izmail suffered the most damage, including the terminal and infrastructure of the Danube Shipping Company." Russian state news agency RIA said the port and grain infrastructure hit was housing foreign mercenaries and military hardware. Seaport authority head Yuriy Lytvyn said on Facebook that repair work had already begun and the port infrastructure continued to operate.

Persons: Oleksandr Kubrakov, Volodymyr Zelenskiy, RIA, Oleh Kiper, Yuriy Lytvyn, Nina, PUTIN, Vladimir Putin, Tayyip Erdogan, West, Putin, Erdogan, Ukraine Bridget Brink, Russia's, Farhan Haq, Pavel Polityuk, Peter Graff, Hugh Lawson, Daniel Wallis, Michelle Nichols, Simon Cameron, Moore, Philippa Fletcher, Giles Elgood, Cynthia Osterman Organizations: NATO, Romania Kyiv, Ukraine's, Russia reimposed, Facebook, Danube Shipping Company, Reuters, REUTERS, United Nations, Kremlin, International, Court, TASS, U.S, Rih, Thomson Locations: Romania, Russia, Ukraine, Izmail, Africa, China, Israel, Moscow, NATO, Russian, Odesa, Turkey, Soviet, Tehran, Kerch, Crimea, Ports, Kharkiv, Kyiv, Kherson, Constanta

☆ Russian missile strike hits Kryvyi Rih - Ukraine
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: 1 min

KYIV, July 31 (Reuters) - A Russian missile strike hit the southern Ukrainian city of Kryvyi Rih on Monday morning, the Ukrainian interior ministry said in a statement. "The enemy conducted a missile strike on Kryvyi Rih. All the necessary agencies are working at the scene now," the interior ministry said, urging people to remain in air raid shelters. Kryvyi Rih is a steel-producing city and the hometown of President Volodymyr Zelenskiy. Reporting by Pavel Polityuk; writing by Tom Balmforth; editing by Andrew Cawthorne and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Kryvyi Rih, Volodymyr Zelenskiy, Pavel Polityuk, Tom Balmforth, Andrew Cawthorne, Alex Richardson Organizations: Thomson Locations: Russian, Ukrainian, Kryvyi

☆ Girl and her mother killed in Russian strikes as Ukraine reports frontline progress
▼ + stars: | 2023-07-31 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

Two more civilians were reported killed in the southern Ukrainian city of Kherson, now on the front line after being recaptured from Russian forces in November. [1/5]A firefighter works at a site of an apartment building heavily damaged by a Russian missile strike, amid Russia's attack on Ukraine, in Kryvyi Rih, Ukraine July 31, 2023. ANTI-DRONE DEFENCESRussian forces have levelled residential areas across eastern and southern Ukraine since they invaded more than 17 months ago. Ukraine rarely comments on strikes on Russian territory, which have recently begun to include drone attacks on Moscow. Russia's military said it had halted Ukrainian forces in the region.

Persons: Volodymyr Zelenskiy's, Hanna Maliar, Sergei Shoigu, Zelenskiy, Serhiy Lysak, Oleksandr Vilkul, Oleksandr Prokudin, Ukraine's, Dmitry Peskov, Anna Pruchnicka, Ron Popeski, Nick Starkov, Tom Balmforth, Philippa Fletcher, Kevin Liffey Organizations: Telegram, Russian, Press, State Emergency Service of, REUTERS, European Union, NATO, Kremlin, Ukrainian, Thomson Locations: Ukraine, KYIV, Russian, Kryvyi Rih, Kryvyi, Ukrainian, Kherson, State Emergency Service of Ukraine, Handout, Donetsk, Donetsk city, Russia, Moscow, denazify, Sunday

And it can only end on the basis of justice and reason," African Union Commission Chairman Moussa Faki Mahamat told Putin and African leaders in St Petersburg. Putin gave it a polite but cool reception when African leaders presented it to him last month. Putin responded by arguing, as he has in the past, that rising world food prices were a consequence of Western policy mistakes long predating the Ukraine war. On Thursday, he promised to deliver free Russian grain in the next several months to six of the countries attending the summit. Mali's Assimi Goita told Putin: "You have shown pragmatism and realism in efforts to reach agreement with Ukraine."

Persons: Putin, Vladimir Putin, Moussa Faki Mahamat, Denis Sassou Nguesso, Macky Sall, Cyril Ramaphosa, Pavel Bednyakov, Volodymyr Zelenskiy, Abdel Fattah al, Sisi, Russia's Wagner, Faustin Archange Touadera, Assimi Goita, Kevin Liffey, Joe Bavier, Alexander Winning, Angus MacSwan Organizations: Kremlin, Union, Reuters, South, Sputnik, Central African, CAR, Thomson Locations: Ukraine, Moscow, Russia, St Petersburg, Russian, Belarus, Congo, Europe, Kyiv, Africa, Saint Petersburg, Ukrainian, Western, Mali, Central, Central African Republic

☆ The UK exempted some Russian oligarchs from sanctions, allowing them to pay for private chefs, report says
▼ + stars: | 2023-07-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

But many of them are allowed to spend a fortune on living expenses, The New York Times reported. One tycoon had permission to pay 19 members of staff, including private chefs, the report said. Last year, officials granted at least 82 exemptions — known as licenses — to oligarchs who were affected by UK sanctions imposed as a result of Russia's invasion of Ukraine, the report said. A big chunk of that money went into a security company that has been under investigation for likely helping Aven evade sanctions, The Times reported, citing court records. A spokesperson for the UK Treasury told The Times that licenses to allow payments for "basic needs" are "strictly monitored."

Persons: Mikhail Fridman, Fridman, Pavel Golovkin, Petr Aven, Vladimir Putin, Aven, Oleg Tinkov, Putin Organizations: New York Times, Service, The Times, EU, Bloomberg, Treasury, Times, Alfa Locations: Wall, Silicon, Ukraine, London, British, Russian, Moscow, Russia

☆ Enphase Energy sees revenue below estimates on weak U.S. demand, shares fall
▼ + stars: | 2023-07-27 | by ( Tanay Dhumal | ) www.reuters.com time to read: +2 min

July 26 (Reuters) - Solar inverter maker Enphase Energy (ENPH.O) forecast third-quarter revenue below Wall Street estimates on weak demand in the United States, sending its shares down 13.4% in extended trading on Thursday. U.S. demand growth has been tepid as cheaper electricity prices in states like Texas and Arizona make the economics of residential solar less attractive. In the U.S., the solar market has also taken a hit from the Federal Reserve's aggressive tightening that has increased borrowing costs for consumers. The coastal state accounts for nearly a third of the U.S. residential solar market. Enphase reported an adjusted profit of $1.47 per share for the quarter ended June 30, beating estimates of $1.25.

Persons: Raymond James, Pavel Molchanov, Enphase, Tanay, Pooja Desai Organizations: Enphase Energy, Wall, SolarEdge Technologies, Thomson Locations: United States, Texas, Arizona, U.S, Europe, California, Bengaluru

☆ Prigozhin's uprising failed, but it triggered China's 'psychology about warlords,' top White House official says
▼ + stars: | 2023-07-21 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

A brief, failed revolt by Russian mercenaries in June raised doubts about Putin's hold on power. It also worried officials in China, which has its own history with "warlords," a US official said. They were unnerved by what happened two weekends ago in Moscow," Campbell said in an interview with The Wire China published on July 16, after several senior US officials visited China. China presented a peace plan in April — shortly after President Xi Jinping visited Moscow — that was widely seen as vague and self-interested. Putin and Xi have been a driving force behind the strengthening of Sino-Russian relations over the past 15 years.

Persons: Yevgeny Prigozhin's, Vladimir Putin's, Putin, Prigozhin, Kurt Campbell, Campbell, Xi Jinping, Wagner, We've, Putin Putin, SERGEI GUNEYEV, Yu Sui, Joseph Torigian, China's, Torigian, Xi, Ryan Haas, PAVEL BYRKIN, Haas, Obama, Mark Galeotti, Galeotti Organizations: Service, Pacific Affairs, White House National Security Council, China, Wagner Group, REUTERS, Kremlin, SPUTNIK, Getty, Chinese Communist Party tabloid Global Times, Communist, Central Propaganda Department, China Center, Contemporary World, American University, Brookings Institution, The New York Times, Getty Images, National Security Locations: Russian, China, Russia, Wall, Silicon, Moscow, Ukraine, —, Rostov, Beijing, lockstep, Getty Images Beijing

☆ Russia has 'sufficient stockpile' of cluster bombs, says Putin, as Ukraine gets U.S. cluster bombs
▼ + stars: | 2023-07-16 | by ( ) www.cnbc.com time to read: +4 min

Russian President Vladimir Putin tours an exhibition of promising Russian companies during the forum "Strong ideas for the new time" in Moscow, Russia June 29, 2023. Russian President Vladimir Putin said in an interview published Sunday that Russia has a "sufficient stockpile" of cluster munitions, and warned that Russia "reserves the right to take reciprocal action" if Ukraine uses the controversial weapons. In his first comments on the delivery of cluster munitions to Ukraine from the U.S., Putin said that Russia has not used cluster bombs in its war in Ukraine so far. The Pentagon said Thursday that cluster munitions provided by the United States had arrived in Ukraine. Proponents argue that Russia has already been using cluster munitions in Ukraine and that the weapons the U.S. is providing have been improved to leave behind far fewer unexploded rounds.

Persons: Vladimir Putin, Putin, Pavel Zarubin, Joe Biden, Pavlo Kyrylenko, Oleksandr Prokudin, Yurii Malashko, Mikhail Razvozhaev, Vyacheslav Gladkov Organizations: The Associated Press, Telegram, Pentagon, United, U.S, Ukrainian, Staff, Gov, Russian, General's, Regional Gov Locations: Moscow, Russia, Ukraine, U.S, United States, Donetsk, Kherson, Kherson region, Yurii, Zaporizhzhia, Stepnohirsk, Russian, Crimea, Sevastopol, Russia's Belgorod, Shebekino

☆ Analysis: NATO's crucial summit in Vilnius nearly came off the rails and gave Russia a PR victory
▼ + stars: | 2023-07-14 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

Ukrainian President Volodymyr Zelensky has been pushing for a clear path to join NATO for some time. Andrew Caballero-Reynolds/AFP/Getty ImagesWestern officials and diplomats, however, hoped that the issue would not be the focus of this week’s summit. Ukraine's President Volodymyr Zelenskyy, second left, and Lithuania's President Gitanas Nauseda, second right, address the public during an event on the sidelines of a NATO summit in Vilnius, Lithuania, Tuesday, July 11, 2023. All of which created room for speculation about NATO’s unity, and allowed its adversaries to call the summit a failure. NATO Secretary General Jens Stoltenberg (C) poses for an official family photo with the participants of the NATO Summit in Vilnius on July 11, 2023.

Persons: Volodymyr Zelensky, Joe Biden, Andrew Caballero, Reynolds, Zelensky, Volodymyr Zelenskyy, Gitanas Nauseda, Pavel Golovkin, Ben Wallace, ”, ” Brett Bruen, Obama, “, Jens Stoltenberg, Odd Andersen, There’s, David van Weel, – Organizations: CNN, NATO, Ukraine, Getty, Ukraine's, British, USA, ”, NATO “ Locations: Lithuanian, Vilnius, Sweden, Turkey, Brussels, Ukraine, AFP, Russia, Lithuania, Russian, America, Vilnius –, Washington

☆ What Zelensky wanted from NATO – and what he got
▼ + stars: | 2023-07-13 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —At last year’s NATO summit in Madrid, the alliance formally invited Sweden and Finland to join its ranks. But NATO membership is far more significant than military hardware, and it may be some time before Kyiv’s final wish is granted. “This means that a window of opportunity is being left to bargain Ukraine’s membership in NATO in negotiations with Russia. However, the ultimate goal of NATO membership looks likely to elude Zelensky for some time. Wallace reminded reporters Wednesday that before the summit the question of Ukraine’s NATO membership was still an “if.” Now, it’s a “when.”

Persons: Volodymyr Zelensky, Zelensky, Vladimir Putin, Zaporizhzhia –, Putin’s, ” Zelensky, Pavel Golovkin, Joe Biden, CNN’s Fareed Zakaria, Biden, ” “ We’re, We’re, ”, Ben Wallace, Wallace, ” Biden, Andrew Caballero, Reynolds, Dmytro Kuleba, “, Jens Stoltenberg Organizations: CNN, NATO, Kyiv, Ukraine, Sweden’s, AP, Sunday, UK, Getty, Foreign, Twitter Locations: Madrid, Sweden, Finland, Vilnius, Luhansk, Donetsk, Kherson, Zaporizhzhia, Ukraine, Vilnius ’, Lithuania’s, United States, Russia, NATO, Zelensky, AFP, Kyiv, Vilnius –, Germany, France

The deal builds out Exxon's plan to develop an emerging market that makes money from reducing its own and others' greenhouse gases. Carbon sequestration is the favored strategy for U.S. oil and gas companies to reduce emissions while continuing to expand oil and gas production. Last year, Exxon struck its first commercial carbon storage deal with top ammonia maker CF Industries. The Denbury deal "reflects our determination to profitably grow our low carbon solutions business," Exxon CEO Darren Woods said in a statement. The all-stock transaction represents a 1.9% premium to Denbury's Tuesday close at 0.84 Exxon shares for each Denbury share.

Persons: Raymond James, Pavel Molchanov, Denbury, Darren Woods, Sabrina Valle, Arathy, Arunima Kumar, Savio D'Souza, Shilpi Majumdar, Conor Humphries Organizations: Denbury, Exxon Mobil Corp, Denbury Inc, Exxon, Linde AG, CF Industries, Carbon Solutions, Thomson Locations: HOUSTON, Plano , Texas, U.S, Texas, Alabama, Houston, Bengaluru

[1/3] Writer Milan Kundera is pictured in Prague, former Czechoslovakia, May 6, 1963. CTK Photo/Frantisek Nesvadba via REUTERSPRAGUE, July 12 (Reuters) - Czech-born writer Milan Kundera, author of the novel "The Unbearable Lightness of Being" who lived nearly five decades in Paris after emigrating in disillusionment from his Communist-ruled homeland, has died at the age of 94. French Prime Minister Elisabeth Borne said Kundera was "a writer and a voice that we will miss". "Milan Kundera's work is at the same time a deep, human, intimate and distant exploration," she said. Fellow Czech writer Karel Hvizdala told Czech Television he saw his friend last November and he was already in poor health.

Persons: Milan Kundera, Frantisek Nesvadba, Kundera, Petr Fiala, Petr Pavel, Pavel, Elisabeth Borne, Milan, Karel Hvizdala, Albert Camus, Daniel Day, Lewis, Juliette Binoche, Philip Kaufman, Timothy Garton Ash, Monde, Paris Mayor Anne Hidalgo, Czechoslovakia's, Jan Lopatka, Robert Muller, Elizabeth Pineau, Tassilo Hummel, Michael Kahn, Jason Hovet, Toby Chopra, Kevin Liffey, Mark Heinrich, Nick Macfie Organizations: CTK, REUTERS, Moravian, Prague Spring, Czech Television, Czechoslovak Communist, New York Times, Oxford University, Paris Mayor, Czechoslovakia's Communist, Thomson Locations: Prague, Czechoslovakia, REUTERS PRAGUE, Czech, Paris, Brno, France, Communist Czechoslovakia, Czechoslovak, Europe, Central Europe, French, Western

☆ Stocks making the biggest moves midday: Domino's Pizza, DraftKings, Lucid, SunPower and more
▼ + stars: | 2023-07-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The agreement has the potential to add incremental orders from Uber Eats to 70% of Domino's stores, the company said. DraftKings — Shares of the sports betting app rallied about 5% following an upgrade to buy by analysts at Bank of America. Bank stocks — Bank stocks jumped after consumer prices came in lighter than expected. SunPower — Shares jumped 9.4% after the solar power company was upgraded by Raymond James to strong buy from outperform. Beyond Meat shares added 4% in the previous session.

Persons: Uber, DraftKings, it's, Lazard, Jefferies, Morgan Stanley, Goldman Sachs, KeyCorp, Lucid, FactSet, Raymond James, Pavel Molchanov, Stellantis, Holley, JPMorgan, Yun Li, Alex Harring, Samantha Subin, Michael Bloom Organizations: Domino's, Bank of America, TV, Jefferies, Bank, — Bank, Citigroup, Goldman, Comerica, Acadia Healthcare, Holley Inc, —, JPMorgan Chase Locations: Zions, U.S, New Mexico, Acadia

☆ SunPower shares can more than double after recent sell-off, Raymond James says
▼ + stars: | 2023-07-12 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to buy the recent weakness in SunPower , Raymond James said. SPWR 1D mountain SunPower shares 1-day SunPower shares are down by more than 45% this year, a sell-off that the analyst views as "excessive." The sell-off is driven in part by the firm's exposure to California, which earlier this year passed NEM 3.0. That points to further growth for residential solar ahead. Thus, we look at the recent underperformance in SunPower shares as a buying opportunity."

Persons: Raymond James, Pavel Molchanov, Molchanov, SunPower, Michael Bloom Locations: SunPower, California, U.S, Germany, Australia

☆ NATO makes membership pledge to Ukraine as Zelenskiy drums up support
▼ + stars: | 2023-07-07 | by ( Robert Muller | ) www.reuters.com time to read: +5 min

[1/3] Ukraine's President Volodymyr Zelenskiy and Czech Prime Minister Petr Fiala visit the Velvet Revolution Memorial in Prague, Czech Republic, July 7, 2023. In Prague, he won a pledge of support for Ukraine to join NATO "as soon as the war (with Russia) is over", and in Sofia secured backing for membership "as soon as conditions allow". "There is strength in unity of NATO," he said, adding that undecided questions over Ukraine's future in NATO and Sweden's pending membership were "a threat to the alliance's strength". Zelenskiy has acknowledged that Kyiv is unlikely to be able to join NATO while at war with Russia. TALKS DUE IN TURKEYDespite Russia's anger, Czech Prime Minister Petr Fiala told a news conference with Zelenskiy in Prague that he expected all NATO allies to support Ukraine in its membership aspirations.

Persons: Volodymyr Zelenskiy, Petr Fiala, Zelenskiy, Jens Stoltenberg, Stoltenberg, Zuzana Caputova, Vladimir Putin, Fiala, Tayyip Erdogan, Jason Hovet, Pavel Polityuk, Timothy Heritage, Gareth Jones, Philippa Fletcher Organizations: Presidential Press Service, NATO, EU Zelenskiy, Zelenskiy, European Union, Thomson Locations: Czech, Prague, Czech Republic, Ukraine, PRAGUE, Slovakia, Bulgaria, Turkey, Russia, Sofia, Bratislava, Vilnius, Lithuanian, Brussels, Russian, Russia's, TURKEY, Europe, Kyiv, United States, Istanbul

☆ Ukraine says it is advancing near eastern city of Bakhmut
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +2 min

KYIV, July 7 (Reuters) - Ukraine said on Friday its troops had advanced by more than a kilometre near the eastern city of Bakhmut in the past day of fighting against Russian forces. General Oleksander Syrskyi, who is in charge of Ukraine's land forces, also said Ukrainian troops were pushing forward in the direction of Bakhmut. A spokesperson for the armed forces general staff said Ukrainian forces had had "partial success" near the village of Klishchiivka, just southwest of Bakhmut. Ukrainian military analysts have said that securing Klishchiivka would help Ukraine take back Bakhmut, which was captured by Russian forces in May after months of fighting. Russia still holds Bakhmut but Ukrainian forces hope to encircle the city.

Persons: Serhiy Cherevatyi, Oleksander Syrskyi, Pavel Polityuk, Anna Pruchnicka, Timothy Organizations: Russian, Timothy Heritage, Thomson Locations: Ukraine, Bakhmut, Kyiv, Klishchiivka, Ukrainian, Moscow, Russia

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