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☆ Euro zone consumers see inflation slightly above ECB target for years
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsFRANKFURT, Oct 11 (Reuters) - Euro zone households see inflation staying slightly above the European Central Bank's 2% target for another three years, an ECB survey showed, as rate-setters struggle to convince the public that their plans for taming price pressures are on track. While consumer expectations for inflation are by nature imprecise, they can influence wage demands, spending and saving. Consumers' views about inflation in the coming 12 months showed a slight increase to 3.5%, from 3.4% in July. The ECB has said that long-term inflation expectations from economists, investors and consumers are "at around 2%", but cautioned that some projections have risen and should be monitored. But they turned more optimistic about their income - seen growing by 1.2% from 1.1% - and raised their predictions for home price inflation, to 2.3% from 2.1%, for the first time since March.

Persons: Sarah Meyssonnier, Francesco Canepa, Alison Williams, John Stonestreet Organizations: Carrefour, REUTERS, Rights, Central, ECB, Thomson Locations: Montesson, Paris, France

☆ UK financial watchdog censures insolvent London Capital & Finance
▼ + stars: | 2023-10-11 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville/File Photo Acquire Licensing RightsCompanies Neo London Capital AD FollowLONDON, Oct 11 (Reuters) - Britain's Financial Conduct Authority (FCA) said on Wednesday it had censured London Capital & Finance (LCF) for "unfair and misleading" promotions of minibonds, but there is no financial penalty as the firm is insolvent. LCF, which was licensed by the FCA, "may have knowingly participated in the defrauding" of bondholders, the watchdog said. "The FCA does not consider it appropriate to impose a financial penalty on the firm as it is insolvent and in administration. In 2020, the watchdog banned the mass-marketing of speculative illiquid securities, including speculative minibonds, to retail investors.

Persons: Toby Melville, Therese Chambers, Elizabeth Gloster, Huw Jones, Alison Williams, Mark Potter Organizations: FCA, Financial, Authority, REUTERS, Neo, London Capital & Finance, Thomson Locations: London, Britain, Neo London, LCF

☆ Israeli shelling hits south Lebanon after Hezbollah rocket fire
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

[1/3] Smoke rises from Dhayra village after Israeli shelling as pictured from the Lebanese town of Marwahin, near the border with Israel, southern Lebanon, October 11, 2023. REUTERS/Mohamed Azakir Acquire Licensing RightsJERUSALEM/BEIRUT, Oct 11 (Reuters) - Israeli shelling hit southern Lebanese towns on Wednesday in response to a fresh rocket attack by powerful armed group Hezbollah, as cross-border violence extended into a fourth day. Hezbollah said it had fired precision missiles at an Israeli position in response to the killing of its members in Israeli shelling earlier this week, pledging "decisive" responses to attacks on Lebanese territory, especially deadly ones. The Israeli military said it was attacking Lebanon after one of its northern positions near the Israeli town of Arab al-Aramshe was targeted with anti-tank fire on Wednesday. Residents of the southern Lebanese town of Rmeish said Israeli shelling hit nearby.

Persons: Mohamed Azakir, Aramshe, Israel, Lebanon's, Dan Williams, Maya Gebeily, Alison Williams, Andrew Cawthorne Organizations: REUTERS, Reuters, Local, Palestinian, Hamas, Gaza, Thomson Locations: Dhayra, Marwahin, Israel, Lebanon, JERUSALEM, BEIRUT, Arab, Lebanese, Rmeish, Iran, Local Lebanese

☆ Planisware shares priced at 16 euros in Euronext's biggest IPO in two years
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

The Euronext stock exchange is pictured at the La Defense business district in Paris, France, September 30, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 11 (Reuters) - French software company Planisware has priced its shares at 16 euros ($16.97) each for its initial public offering announced last week, a bookrunner said on Wednesday, making it the largest IPO on Euronext Paris in the last two years. The IPO aims to "strengthen Planisware’s position across strategic markets by increasing its market visibility and brand awareness." The group previously said it aimed for a valuation of between 1.11 billion euros ($1.17 billion) and 1.25 billion euros, with a price bracket of 16 to 18 euros per share. The company's shares are due to begin trading on Oct. 16 on Euronext Paris.

Persons: Benoit Tessier, Nathan Vifflin, Diana Mandià, Alison Williams, Louise Heavens Organizations: La Defense, REUTERS, Euronext Paris, Airbus, Philips, Ford, Pfizer, Thomson Locations: Paris, France, Planisware

☆ Here's what Danaher spinoff Veralto does and why we're keeping our shares
▼ + stars: | 2023-10-11 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Here's what Danaher spinoff Veralto does and why we're keeping our sharesJeff Marks, director of portfolio analysis for the Club, and Jim Cramer talk about the benefits of water and product quality company Veralto. Jeff brought props.

Persons: Jeff Marks, Jim Cramer, Jeff Organizations: Club

☆ Israel's new war cabinet vows to wipe Hamas off the earth
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 11 (Reuters) - Israeli Prime Minister Benjamin Netanyahu forged an emergency government on Wednesday to direct war against Hamas, and his defence minister vowed to wipe the Palestinian militant group "off the face of the earth" over its deadly weekend attack. Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the prime minister's office in Jerusalem, September 27, 2023. Gallant, the defence minister, said: "We will wipe this thing called Hamas, ISIS-Gaza, off the face of the earth. Gantz, a former Israeli defence chief and general, said it was a time to join together and win. During the fighting with Hamas in Gaza, the emergency government will not take up any unrelated policy or laws, Netanyahu and Gantz said in their joint statement.

Persons: Benjamin Netanyahu, Netanyahu, Benny Gantz, Yoav Gallant, ABIR, Gantz, Gallant, Yair Lapid, Maayan Lubell, Alison Williams, Alex Richardson Organizations: Hamas, ISIS, Islamic State, Thomson Locations: Israel, Gaza, Jerusalem

☆ Jordan's king says no stability in region without Palestinian state
▼ + stars: | 2023-10-11 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +3 min

[1/2] Jordan's King Abdullah II speaks at the opening of a new parliamentary session in Amman, Jordan October 11, 2023. Royal Hashemite Court/Handout via Reuters Acquire Licensing RightsAMMAN, Oct 11 (Reuters) - Jordan's King Abdullah said on Wednesday no peace was possible in the Middle East without the emergence of an independent Palestinian state alongside Israel. A two-state solution was the only option, the monarch told deputies in a speech at the opening of a new parliamentary session. "Our region will never be secure nor stable without achieving just and comprehensive peace on the basis of the two-state solution," the monarch said. Jordan's peace treaty with Israel is widely unpopular among many citizens who see normalisation as a sellout of the rights of their Palestinian brethren.

Persons: King Abdullah II, King Abdullah, Joe Biden, Antony Blinken, Blinken, King Abdullah said, Amman, Suleiman Al, Khalidi, Alison Williams, Angus MacSwan Organizations: Royal Hashemite, Reuters Acquire, Rights, West Bank, Thomson Locations: Amman, Jordan, Israel, Palestinian, Western, Jerusalem, Gaza, East Jerusalem

☆ Hezbollah, Hamas claim attacks on Israel from Lebanon
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

[1/3] Flame and smoke rise over Lebanon as seen from Israel's border with Lebanon, in northern Israel, October 10, 2023. The violence, triggered by the war between Israel and Palestinian militants, marks the most serious escalation along the Lebanese-Israeli frontier since the 2006 conflict between Hezbollah and Israel. The Israeli army said no injuries were reported in Tuesday's attack by Hezbollah, three of whose fighters were killed on Monday in Israeli shelling into Lebanon. A salvo of rockets was also fired from Lebanon into Israel on Tuesday, in an attack a security source in Lebanon said was carried out by Palestinian factions. Hezbollah, founded by Iran's Revolutionary Guards in 1982, has close ties to the Palestinian groups fighting Israel.

Persons: Ammar Awad, Lebanon Joanna Wronecka, Abdallah Bouhabib, Joseph Aoun, General Security Elias Bayssari, Laila Bassam, Henriette Chacar, Maya Gebeily, Tom Perry, Alison Williams, David Gregorio, Jonathan Oatis Organizations: REUTERS, Rights, Palestinian Hamas, Lebanese, Palestinian, Islamic, United Nations, General Security, Twitter, Iran's, Guards, Sunday, Israel, Thomson Locations: Lebanon, Israel, Rights BEIRUT, Palestinian, Gaza, Iran, Lebanese, Tyre, Beirut, Jerusalem

☆ UAE, after Israel-Gaza conflict, says it does not mix trade with politics
▼ + stars: | 2023-10-10 | by ( Rachna Uppal | ) www.reuters.com time to read: +1 min

DUBAI, Oct 10 (Reuters) - The United Arab Emirates does not mix trade with politics, the country's trade minister said on Tuesday when asked whether the conflict between Israel and Hamas would impact economic agreements. "We don't mix the economy and trade with politics," Thani al Zeyoudi told reporters in Dubai. In March, a Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into effect, Israel’s first free trade agreement with an Arab state. The UAE was the first Gulf country to normalise relations with Israel in 2020, breaking with decades of Arab policy toward the Palestinian cause. The UAE has described the attacks carried out by the Palestinian Islamist faction Hamas against Israel as a "serious and grave escalation".

Persons: Zeyoudi, Israel’s, Rachna Uppal, Maha El, Alison Williams, Christina Fincher Organizations: United, Thomson Locations: DUBAI, United Arab Emirates, Israel, Thani, Dubai, UAE, Georgia, Palestinian

The passage of people and goods is strictly controlled under a blockade of Gaza enforced by Egypt and Israel. Earlier on Tuesday, the Israeli military revised a recommendation by one of its spokespeople that Palestinians fleeing its air strikes in Gaza head to Egypt. Gaza's Hamas-run Interior Ministry said bombardments on both Monday and Tuesday had hit an entry gate on the Palestinian side of the Rafah crossing. On Monday, about 800 people left Gaza through the Rafah crossing and about 500 people entered, though the crossing was closed for the movement of goods, according to the United Nations humanitarian office. So far, there has been no sign of mass gatherings of Palestinians at the Rafah crossing, with only planned departures proceeding until Tuesday.

Persons: Abu Mustafa, Abdel Fattah al, Sisi, Gaza's, Sinai's, Sinai, Ahmed Mohamed Hassan, Yusri Mohamed, Nidal, Nadine Awadalla, Ahmed Eliman, Aidan Lewis, Alison Williams, Gareth Jones, Susan Fenton, Nick Macfie Organizations: REUTERS, Hamas, Gaza's Hamas, Ministry, United Nations, Thomson Locations: Rafah, Gaza, Egypt, Israel, CAIRO, GAZA, Tuesday, Sinai, Gaza's, Palestinian, Sinai's, Al Arish

☆ Tuesday, Oct. 10, 2023: Cramer breaks down a Club holding's restructuring announcement
▼ + stars: | 2023-10-10 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Tuesday, Oct. 10, 2023: Cramer breaks down a Club holding's restructuring announcementJim Cramer and Jeff Marks talk about this portfolio holding's earnings guidance and announcement that it will be restructuring its business. Jim compares investing in the bond market versus the stock market. Finally, Jim and Jeff discuss the future of weight loss drugs after a study was conducted and how the medications could impact the buying of certain foods and beverages.

Persons: Cramer, Jim Cramer, Jeff Marks, Jim, Jeff

[1/4] A Palestinian on a wheelchair passes by ruins of buildings destroyed in Israeli strikes, in Rafah in the southern Gaza Strip October 9, 2023. On Tuesday, the Israeli military revised a recommendation by one of its spokespeople that Palestinians fleeing its air strikes in Gaza head to Egypt. Gaza's Hamas-run Interior Ministry said bombardments on both Monday and Tuesday had hit an entry gate on the Palestinian side of the Rafah crossing. So far, there has been no sign of mass gatherings of Palestinians at the Rafah crossing, with only scheduled departures proceeding until Tuesday. Hamas, which has run the Gaza Strip since 2007, shares the Islamist ideology of the Muslim Brotherhood, a movement outlawed in Egypt.

Persons: Abu Mustafa, Abdel Fattah al, Sisi, Ahmed Salem, Gaza's, Sinai's, Sinai, Ahmed Mohamed Hassan, Yusri Mohamed, Nidal, Nadine Awadalla, Ahmed Eliman, Aidan Lewis, Mai Shams, Alison Williams, Gareth Jones, Susan Fenton, Nick Macfie Organizations: REUTERS, Sinai Foundation, Human Rights, Hamas, Gaza's Hamas, Ministry, United Nations, Thomson Locations: Rafah, Gaza, Egypt, Israel, CAIRO, GAZA, Tuesday, Sinai, Sinai ., Gaza's, Palestinian, Sinai's, Al Arish, Hamas

CNN —In the wake of Hamas’ deadly attacks on Israel, former President Donald Trump is turning to a strategy he employed during the 2016 campaign of using terror abroad – and fears of future attacks on American soil – to push for hard-line immigration policies in the United States. The former president’s rhetoric harks back to his 2016 presidential campaign and his first term in office, when he used fears over terror attacks stateside to block immigrants and refugees from predominantly Muslim countries. “We have leadership who doesn’t know what they’re doing,” Trump said after those attacks. But a few candidates have joined Trump in drawing parallels between the attacks in Israel and safety in the US. Biotech entrepreneur Vivek Ramaswamy has also sought to tie Israel’s war with Hamas to US-Mexico border policy.

Persons: Donald Trump, Trump, ”, Obama, Barack Obama, “, ” Trump, Joe Biden, Ron DeSantis, Vivek Ramaswamy, ” Ramaswamy, Biden, Nikki Haley, Antony Blinken, South Carolina Sen, Tim Scott, Janet Yellen, DeSantis Organizations: CNN, ISIS, Hamas, US, Republican, Central America, Trump, Florida Gov, Pocahontas , Iowa . Biotech, ” Former South Carolina Gov, South, Banking Locations: Israel, United States, Wolfeboro , New Hampshire, Gaza, San Bernardino , California, Paris, Iraq, Iran, Libya, Somalia, Sudan, Syria, Yemen, Palestinian, Central, Pocahontas , Iowa, US, Mexico, Manchester , New Hampshire, “, South Carolina, Qatar

☆ Dollar surges against euro on flight to safety amid Israel-Palestinian fighting
▼ + stars: | 2023-10-09 | by ( Joice Alves | ) www.reuters.com time to read: +3 min

[1/2] Euro and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. Net long positions on the dollar rose to a one-year high, according to U.S. Commodity Futures Trading Commission data released on Friday. But investors aren't expecting another hike from the Federal Reserve in November, according to CME Group data. Its inability to capitalise on healthy U.S. labour market data brings that thinking to the fore," said Paul Mackel, Global Head of FX Research at HSBC. The offshore yuan rose 0.2% to 7.2943 per dollar.

Persons: Dado Ruvic, Ulrich Leuchtmann, aren't, Paul Mackel, Joice Alves, Rae Wee, Alison Williams, Christina Fincher Organizations: U.S, REUTERS, Bank of Israel, greenback, FX, Research, U.S . Commodity Futures, Commission, Federal Reserve, Group, FX Research, HSBC, Golden, Reuters, Thomson Locations: Israel, Palestinian, Israeli, Japan, U.S, Asia, London, Singapore

Germany and Austria earlier on Monday said they were suspending bilateral development aid to Palestinians, while others such as Italy had said suspending aid was not up for discussion. It is unclear whether the suspensions in development aid will also apply to such assistance. Varhelyi said all new budget proposals for Palestinian aid were also postponed until further notice. The Israeli flag has been hoisted above the chancellor's office and the Foreign Ministry after the shock Hamas assault. Asked if Italy would follow Germany and Austria in suspending development aid, the foreign ministry spokesperson said this was not under discussion.

Persons: Amir Cohen, Oliver Varhelyi, Varhelyi, Mahmoud Abbas, Fatah, Alexander Schallenberg, Svenja Schulze, Rishi Sunak, Andrew Gray, Francois Murphy, Sarah Marsh, Markus Wacket, Angela Amante, Kate Holton, Mark Heinrich, Alison Williams, Nick Macfie Organizations: REUTERS, BRUSSELS, European, United Nations, Union, EU, EU Commission, West Bank, Palestinian Authority, Austrian, European Union, Foreign Ministry, Social Democrats, Greens, Thomson Locations: Gaza, Ashkelon, Israel, Germany, Austria, Italy, BERLIN, Europe, West, Berlin, Palestinian, Berlin's, Brandenburg, United Nations, Britain, Brussels, Vienna, Rome, London

☆ How the Best AI Imitates Children
▼ + stars: | 2023-10-07 | by ( Alison Gopnik | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/ai/how-the-best-ai-imitates-children-fea9c53a

Persons: Dow Jones, fea9c53a

☆ ECB policies are taming inflation, but uncertainty persists-Herodotou
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

LIMASSOL, Cyprus, Oct 6 (Reuters) - The ECB's monetary policy transmission is working to tame inflation, though material uncertainty persists in the euro area, ECB policymaker Constantinos Herodotou said on Friday. "The recent increase in energy prices could transmit again to the rest of the economy and have an upward pressure on prices," Herodotou, who is also governor of Cyprus's central bank, told a conference in the city of Limassol. "The liquidity conditions in the euro area banking system is another area to monitor, since it plays a role for transmitting monetary policy and, consequently, affects inflation," he said. The ECB has raised its deposit rate to a record high 4% but has signalled a pause for the months ahead on tentative signs inflation is coming under control. Headline inflation in the 20 countries using the euro eased to 4.3% in September, the lowest pace since October 2021, from 5.2% a month earlier.

Persons: Constantinos Herodotou, Herodotou, Michele Kambas, Alison Williams, Christina Fincher Organizations: ECB, Thomson Locations: LIMASSOL, Cyprus, Cyprus's, Limassol

Advocates for comprehensive sex education say the restrictions in early education may prevent kids from getting age-appropriate foundational knowledge that they build on each year, said Alison Macklin, director of policy and advocacy at the progressive sex education organization SIECUS. To comply with the new law in Kentucky, for example, the state’s education agency advised schools eliminate fifth-grade lessons on puberty and reproductive body parts. Twenty-eight states require sex education, and 35 require HIV education, according to tracking by the Guttmacher Institute, a research group that supports abortion rights. Massachusetts, for example, recently announced new sexual health education guidelines, which were last updated in 1999. She remembers just one optional day of sex education in middle school.

Persons: Anne, Marie Amies Oelschlager, Alison Macklin, “, Macklin, aren't, ”, David Walls, Kathleen Ethier, Ethier, don’t, ” Ethier, Hope Crenshaw, aren’t, ” Crenshaw, Kayla Smith, ” Smith, Holly Ramer, Rebecca Boone Organizations: DES, Republican, Seattle Children's Hospital, The, Foundation, Guttmacher Institute, U.S . Centers for Disease Control, U.S . Department of Health, Human Services, Public Health, HHS, New, PREP, CDC’s, Adolescent, School Health, CDC, Teen Health Mississippi, University of Mississippi, Associated Press Locations: DES MOINES, Iowa, Seattle, Indiana, Arkansas, In Kentucky, Florida, Kentucky, ”, Massachusetts, New Hampshire, Alabama, Colorado , Florida , Idaho , Iowa, South Carolina, Tampa, Orlando, Jacksonville, Miami, agency’s, Mississippi, U.S, Concord , New Hampshire, Boise , Idaho

☆ Pioneer Natural Resources stock soars amid deal report. Here's what the pros say
▼ + stars: | 2023-10-06 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPioneer Natural Resources stock soars amid deal report. Here's what the pros sayJim Cramer, Joe Terranova of Virtus Investment Partners and Bill Smead of Smead Capital Management discussed Pioneer Natural Resources as the stock spiked following a report from the Wall Street Journal that Exxon Mobil is close to a deal to buy the shale-drilling company.

Persons: Jim Cramer, Joe Terranova, Bill Smead Organizations: Resources, Virtus Investment Partners, Smead Capital Management, Natural Resources, Wall Street Journal, Exxon Mobil

☆ Pioneer Natural Resources soars amid report that it could be acquired by Exxon. Here’s what the pros say
▼ + stars: | 2023-10-06 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Pioneer Natural Resources from investors and analysts after The Wall Street Journal published a report Thursday night that Exxon Mobil is closing in on a deal to buy the energy company. Shares of Pioneer spiked following the news as investors are anticipating what could be the largest acquisition from Exxon since it bought Mobil in 1998. Pioneer's stock closed Friday's trading session up about 10.5% and is also held in Jim Cramer 's Charitable Trust.

Persons: Jim Cramer Organizations: Natural Resources, Exxon Mobil, Exxon, Mobil

☆ Friday, Oct. 6, 2023: Cramer dissects the September jobs report and potential portfolio impacts
▼ + stars: | 2023-10-06 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Friday, Oct. 6, 2023: Cramer dissects the September jobs report and potential portfolio impactsJim Cramer and Jeff Marks explain the September jobs report released Friday morning and some Club holdings that could move based off of the economic data. Jim talks about the rising bond yields and oil and natural gas prices and how they could be catalysts for portfolio stocks to move higher. FInally, Jim and Jeff break down what consumer discretionary names they like in this unstable market environment.

Persons: Cramer, Jim Cramer, Jeff Marks, Jim, Jeff

NO ARCHIVES Acquire Licensing RightsCompanies Early Warning System GmbH FollowNEW DELHI, Oct 6 (Reuters) - Scientists and government authorities were working on an early warning system for glacial floods at a Himalayan lake in northeast India when it broke its banks this week with deadly consequences. If fully operational, the warning system could have given people more time to evacuate, scientists said. One scientist said glacial early warning systems can typically give residents a few minutes to an hour of notice. Details of the Lhonak Lake warning system have not previously been reported. "Such kind of events are so fast that even if we have some kind of early warning system ... we may only gain some minutes, maybe an hour," he said.

Persons: Wang Chen, geoscientist Simon Allen, Kamal Kishore, Farooq Azam, Ali Withers, Gloria Dickie, Shivam Patel, Cynthia Osterman Organizations: Adarsh gaon, REUTERS, NEW, Reuters, University of Zurich, Disaster Management Authority, Indian Institute of Technology, Thomson Locations: Teesta, Singtam, Sikkim, India, NEW DELHI, Swiss, Lakes, Pakistan, China, Nepal, Bhutan, Shako Cho, Indian Institute of Technology Indore, Copenhagen, Amsterdam, Delhi

☆ Analysis: When, not if, Europe copies Wall Street share trading reform
▼ + stars: | 2023-10-05 | by ( Huw Jones | ) www.reuters.com time to read: +6 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. A shorter settlement time might increase efficiency, cut collateral needs, and "increase the competitiveness and the attractiveness of EU financial markets", ESMA said. ESMA is seeking views for a cost/benefit analysis of moving to at least T+1, though few believe it will not go ahead given advances in technology, regulatory pressure, and gravitational pull of Wall Street. EFAMA, a European funds industry body, says the move on Wall Street will require changes to existing IT systems for European firms and U.S. investors who trade European shares. There is already talk of moving to the next stage after T+1: instant or simultaneous settlement.

Persons: Carlo Allegri, ESMA, Pete Tomlinson, Richard Knox, Charlie Geffen, Geffen, AFME's Tomlinson, Huw Jones, Alison Williams Organizations: New York Stock, REUTERS, European, EU, U.S, Federal Reserve, Association for Financial Markets, Bankers, SWIFT Institute, CLS, Financial, UK, Thomson Locations: Manhattan, New York City , New York, U.S, European Union, Britain, Switzerland, Europe, United States, Canada, London, Brussels, Luxembourg, Madrid, Mainland China

☆ Four Karabakh leaders held in Azerbaijan, three more reach Armenia - agencies
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

However, three other former leaders of Karabakh have arrived safely in Armenia, the Armenian state news agency Armenpress quoted one of the three as saying. Almost all the 120,000 or so inhabitants of Karabakh have since fled to Armenia, fearing for their safety. However, former state minister Artur Arutyunyan, ex-interior minister Karen Sarkisyan and the former head of Karabakh's security service, Ararat Melkunyan, all entered Armenia on Tuesday, Artur Arutyunyan said, according to Armenpress. Karabakh is viewed internationally as part of Azerbaijan but had been run as a breakaway ethnic Armenian statelet since the 1990s following the collapse of the Soviet Union. Reporting by Reuters; Writing by Kevin Liffey; Editing by Alison Williams and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Aziz Karimov, Armenpress, Ruben Vardanyan, Levon Mnatsakanyan, Arkady Gukasyan, Bako, Araik, David Ishkhanyan, Artur Arutyunyan, Karen Sarkisyan, Kevin Liffey, Alison Williams, Gareth Jones Organizations: REUTERS, Azerbaijan's State Security Service, Press Agency, Soviet Union, Reuters, Thomson Locations: Stepanakert, Azerbaijan, Nagorno, Karabakh, Azerbaijan's, Baku, Armenia, Ararat Melkunyan, Armenpress, Soviet

By 1150 GMT, the rouble was 0.6% stronger against the dollar at 99.17, having hit 100.2550 in early trade, a more than seven-week low. "There is still no cause for concern," Kremlin spokesman Dmitry Peskov told reporters. "Expensive oil and an increase in the key rate are improving the outlook for the rouble, but in the medium-term," Promsvyazbank analysts said. They expected the rouble to make a short-lived move beyond 100 to the dollar in the absence of new support measures from the authorities. "This level (100) is not a technical resistance, it's an important psychological barrier," said Alor Broker's Alexei Antonov.

Persons: Maxim Shemetov, Dmitry Peskov, Brent, Vladimir Putin's, Alexei Antonov, Lidia Kelly, Alexander Marrow, Andrew Heavens, Alison Williams Organizations: REUTERS, Bank of Russia, Reuters, Thomson Locations: Russian, Moscow, Russia, Ukraine, Melbourne, London

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