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☆ Umicore cuts investment target after expanding EV battery materials production
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

Companies Umicore SA FollowVolkswagen AG FollowOct 17 (Reuters) - Belgium's Umicore (UMI.BR) said on Tuesday it had lowered its net capital expenditure target for 2026 after expanding its battery materials production facilities to North America, with plans to build a new plant in Canada. Umicore expects total net capital expenditure between 2022 and 2026 to reach 3.8 billion euros ($4.01 billion). The group had previously said it planned to carry out phased investments of around 5 billion euros between 2022-2026. Analysts at brokerage Jefferies said that the difference between both figures does not necessarily mean a drop in overall gross capex spending. Umicore also announced a new target for earnings before interest, taxes, depreciation and amortisation (EBITDA) margins, which they expect to be above 25% from 2026.

Persons: Umicore, Jefferies, Victor Goury, Louise Heavens Organizations: Volkswagen, Thomson Locations: North America, Canada

☆ Restored Paul McCartney and Wings tour bus to be auctioned
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

LONDON, Oct 17 (Reuters) - A fully restored double-decker bus used by Paul McCartney and his band Wings for a 1972 European tour is headed for auction next month, with bids expected at $200,000-300,000. Former Beatle McCartney and his late wife Linda formed the American-British rock band, Paul McCartney and Wings, known as Wings, together with drummer Denny Seiwell and guitarist Denny Laine in 1971, after the break-up of the legendary band. In the summer of 1972, they set off for the “Wings Over Europe" tour, travelling on the 1953 Bristol KSW double-decker bus, known as WNO 481. The bus, whose exterior is painted in shades of blue, red, green and yellow, with psychedelic artwork, reflecting the hippie style of the era, travelled across nine European countries on the 1972 tour. "This bus went all over south of France and Germany and Finland...just a summer of fun with the Wings band," said Nolan.

Persons: Paul McCartney, Beatle McCartney, Linda, Denny Seiwell, Denny Laine, Paul, Paul didn't, Martin Nolan, Nolan, Eric Clapton, Kurt Cobain, Marie, Louise Gumuchian, Deborah Kyvrikosaios Organizations: Wings, “, Bristol KSW, Julien's, Thomson Locations: European, British, Europe, Spain, Britain, France, Germany, Finland, Nashville

☆ Novo Nordisk in $1.3 bln deal to buy hypertension drug
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

Flags with the Novo Nordisk logo flutter outside their Danish company's offices in Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 16 (Reuters) - Novo Nordisk (NOVOb.CO) has agreed to buy ocedurenone, a drug for uncontrolled hypertension with potential application in cardiovascular and kidney disease, from KBP Biosciences for up to $1.3 billion, the Danish drugmaker said on Monday. "This deal is closely aligned with our strategic focus on expanding from our core in diabetes into other serious chronic diseases, including through novel drug modalities," Novo said in a statement. The acquisition is expected to close before the end of this year, Novo said, adding that the deal will not impact its operating profit outlook for 2023. Ocedurenone is an orally administered drug that is currently examined in the phase 3 trial CLARION-CKD in patients with uncontrolled hypertension and advanced chronic kidney disease, Novo said.

Persons: Tom Little, Danish drugmaker, Novo, Louise Breusch Rasmussen, Terje Solsvik Organizations: Novo Nordisk, Danish, REUTERS, Rights, KBP Biosciences, CLARION, Thomson Locations: Copenhagen, Denmark, Rights COPENHAGEN, Danish

The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte, near Paris, France June 13, 2022. Mustier, credited with restoring UniCredit's capital strength, will be tasked to revive investors' trust after a governance crisis and a series of setbacks pummelled Atos' shares, now trading at near record lows. Atos shares jumped by more than 20% in early Paris trading but reversed course in the morning. The planned sale of Atos's loss-making legacy IT operations, dubbed Tech Foundations, to Kretinsky is opposed by some minority shareholders and several French politicians. Atos on Monday reiterated the plan to sell Tech Foundations to Kretinsky under the terms announced in August, although it signalled some of the financial terms could change.

Persons: Benoit Tessier, Bertrand Meunier, Kretinsky, Jean, Pierre Mustier, Daniel Kretinksy, Atos, Mustier, pummelled Atos, Kretinsky's, Mathieu Rosemain, Pierre John Felcenloben, Christian Schmollinger, Navaratnam, Louise Heavens Organizations: REUTERS, Tech Foundations, Tech, Atos, Kretinsky, Thomson Locations: Villepinte, Paris, France, Czech, Kretinsky, Eviden, French, Atos

[1/3] A general view shows Haifa Port, which is to be sold to India's Adani Ports and local partner Gadot in Haifa, Israel July 24, 2022. Ashdod port has imposed restrictions on the transport of hazardous materials which has meant slower transits. Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data. "The Suez Canal, a critical waterway for various commercial vessels, including container ships, may face disruptions," Container xChange CEO Christian Roeloffs said. The Marshall Islands registry, one of the world's top shipping flags, last week raised the security level for Israel's ports and its territorial waters to their highest.

Persons: Gadot, Ilan Rosenberg, Christian Roeloffs, Jonathan Saul, Ari Rabinovitch, David Evans, Louise Heavens Organizations: Haifa Port, Adani, REUTERS, Rights, Israel's, Port, MSC, Ministry, Marshall, Thomson Locations: Haifa, Israel, Gaza, Ashkelon, Ashdod, Port, Port of Haifa, ”, Israel's, Suez, Hormuz, United States, Arabian, Strait, Gulf of Oman and Red, Jerusalem

☆ IOC decision on 2036 Olympics host will not come before 2026-IOC
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] A man takes selfie with the logo of the 141st IOC Session, in Mumbai, India, October 12, 2023. REUTERS/Niharika Kulkarni/File Photo Acquire Licensing RightsMUMBAI, Oct 15 (Reuters) - The decision on which city will host the 2036 summer Olympics will be taken in three years time at the earliest, the International Olympic Committee said on Sunday. "Any decision will be made by a new IOC leadership and not before 2026 or 2027," said Kolinda Grabar-Kitarovic, who chairs the IOC's future host commission. She did not clarify whether that figure included both summer and winter Games candidacies or just the 2036 summer Olympics. Paris is set to host the 2024 summer Olympics and Los Angeles has been picked for the 2028 Games.

Persons: Niharika Kulkarni, Narendra Modi, Kolinda, Karolos Grohmann, Louise Heavens Organizations: 141st IOC, REUTERS, Rights, International Olympic, IOC, Thomson Locations: Mumbai, India, Rights MUMBAI, Poland, Mexico, Indonesia, Paris, Los Angeles, Brisbane, Australia

☆ One sector in China is beating the slowdown — 3 stocks to play it including one with 80% upside
▼ + stars: | 2023-10-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

After Beijing cracked down on real estate developers' high debt levels, banks and other financial institutions drastically pulled back on lending to those companies. Meanwhile, China's latest development plans have emphasized advanced manufacturing — production of goods of higher value than apparel and other lower-cost goods Chinese factories have been known for. But analysts increasingly realize that the high-growth days of real estate are over, weighing further o n the economy in the near term. Oxford Economics expects the economy to slow to a 4.4% pace in 2024 and 4.0% in 2025, dragged down by real estate. China is set to release third-quarter GDP, retail sales, industrial production and fixed asset investment on Wed., Oct. 18.

Persons: That's, hasn't, Banks, Gill, Kharas, Louise Loo, Loo, Brian Tycangco Organizations: People's Bank of China, Oxford, Stansberry Research, HSBC, World, Network Locations: China, Beijing, Oxford, Friday's

☆ Egypt pushes to break impasse over Gaza aid
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +3 min

Aid from several countries has been building up in Egypt's Sinai peninsula due to a failure to reach a deal enabling its safe delivery to Gaza along with evacuations of some foreign passport holders through the Rafah crossing into Egypt. Israeli bombardments on the Gaza side of the Rafah crossing into Egypt, the main crossing out of Gaza not controlled by Israel, have disrupted operations there. There is alarm in Egypt over the prospect that residents in Gaza could be displaced by Israel's siege and bombardment. Egyptian Foreign Minister Sameh Shoukry told CNN on Saturday that the Rafah crossing was open but the roads leading to it in Gaza were "inoperable" due to Israeli bombardment. He said that if foreign nationals were able to cross the border Egypt would facilitate their departure to their home countries.

Persons: Antony Blinken, Abdel Fattah al, Sisi, Sameh Shoukry, Mohamed Waly, Omar Abdel Razek, Yusri Mohamed, Humeyra Pamuk, Hatem Maher, Ahmed Tolba, Adam Makary, Nafisa Eltahir, Aidan Lewis, Louise Heavens, Hugh Lawson, Andrew Cawthorne Organizations: Hamas, U.S, CNN, United, United Arab, World Health Organization, Thomson Locations: Rafah, Gaza, Israel, Palestinian, ., CAIRO, Egypt, Egypt's, United States, Turkey, United Arab Emirates, Jordan, Tunisia, Sinai's Al Arish

"But there is no doubt this war will have fiscal implications that will depend on its intensity and duration," he said in published remarks. "However, with the appropriate budget adjustments, ones that I believe are manageable, there should be no major changes to our fundamental fiscal position." He noted that Israel entered this war with a very solid fiscal position - a debt-to-GDP ratio just below 60% and a budget deficit of around 1.5% of GDP with similar projections for 2024. The central bank, Yaron noted, was using a variety of policy tools to assure the continuing functioning of the markets. Yaron said Israel's forex reserves of some $200 billion "provides us with ample capacity to support the Israeli economy."

Persons: Amir Yaron, Yaron, Israel, Israel's, Steven Scheer, Ari Rabinovitch, Louise Heavens, Giles Elgood Organizations: Bank of Israel, Hamas, The Bank, Israel, Thomson Locations: Gaza, Israel

☆ Exclusive: Britain, South Korea agree to extend tariff-free trade for two years
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +2 min

A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. REUTERS/Hannah McKay/File photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade by two years, ahead of talks to forge a new trade deal, the British government said on Monday, in a boost for the car industry. Annual trade between Britain and South Korea is worth 18 billion pounds ($21.9 billion), and the two sides will begin talks later this year on a new trade deal. Britain's minister for international trade, Nigel Huddleston, said extending the tariff-free period would provide welcome certainty for businesses. "This is fantastic news for UK businesses who can continue selling their fantastic goods with confidence to South Korea," Huddleston said.

Persons: Hannah McKay, Nigel Huddleston, " Huddleston, Mike Hawes, Hawes, Sachin Ravikumar, William James, Louise Heavens Organizations: REUTERS, European Union, EU, Society of Motor Manufacturers, Traders, Thomson Locations: London, Britain, South Korea, British, EVs

☆ Israel says not interested in war with Hezbollah
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

An Israeli soldier walks past a tank amid heightened tensions between Israel and Lebanon, as seen from the border with Lebanon in northern Israel, October 14, 2023. REUTERS/Gil Eliyahu Acquire Licensing RightsJERUSALEM, Oct 15 (Reuters) - Israel's defence minister said on Sunday that Israel has no interest in waging war on its northern front and that if the Lebanese group Hezbollah restrains itself then Israel will keep the situation along the border as it is. On Sunday afternoon sirens sounded across northern Israel, sending residents running for shelter, and the military said it intercepted five of nine rockets fired from Lebanon. We don't want to escalate the situation," Defence Minister Yoav Gallant told reporters. "If Hezbollah chooses the path of war, it will pay a very heavy price.

Persons: Gil Eliyahu, Israel, Yoav Gallant, Gallant, Ari Rabinovitch, Louise Heavens, Hugh Lawson Organizations: REUTERS, Rights, Hezbollah, Thomson Locations: Israeli, Israel, Lebanon, Lebanese, Gaza

☆ TikTok details disinformation steps taken after EU demand
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. EU industry chief Thierry Breton on Thursday gave TikTok 24 hours to detail measures taken to counter the spread of disinformation related to the Middle East conflict. He also opened a probe into Elon Musk's X.TikTok listed in a statement the actions it had taken, although it declined to say how it had specifically replied to Breton. We are also deeply saddened by the intensifying humanitarian crisis unfolding in Gaza," TikTok said. TikTok, owned by Chinese firm ByteDance, said its actions included launching a command centre, enhancing its automated detection systems to remove graphic and violent content and adding more moderators who speak Arabic and Hebrew.

Persons: Dado Ruvic, Thierry Breton, Breton, TikTok, Philip Blenkinsop, Louise Heavens Organizations: REUTERS, Rights, Palestinian, Hamas, Elon Musk's, Thomson Locations: Rights BRUSSELS, Israel, EU, Gaza

☆ Iraq, UAE's Crescent launch deals to develop three oil and gas fields
▼ + stars: | 2023-10-15 | by ( Ahmed Rasheed | ) www.reuters.com time to read: +1 min

BAGHDAD, Oct 15 (Reuters) - Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday. United Arab Emirates-based Crescent Petroleum signed in February three 20-year contracts to develop oil and natural gas fields in Iraq's Basra and Diyala provinces in northeastern Baghdad. The Crescent Petroleum contracts are expected to begin producing 400 million standard cubic feet per day of natural gas within 18 months, the oil ministry statement quoted Iraq's oil minister Hayan Abdel-Ghani as saying. Abdel-Ghani, who attended the launch at the oil ministry headquarters in Baghdad, said starting operations by Crescent Petroleum will help Iraq to stop gas flaring and use the processed gas to generate electricity. The OPEC producer relies heavily on Iranian gas imports to feed its power grid.

Persons: Hayan Abdel, Ghani, Abdel, Ahmed Rasheed, Louise Heavens Organizations: UAE, Crescent Petroleum, Sunday, United, Thomson Locations: BAGHDAD, Iraq, United Arab Emirates, Basra, Diyala, Baghdad, OPEC, United States

☆ Ferrari to accept crypto as payment for its cars in the US
▼ + stars: | 2023-10-14 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +4 min

Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla (TSLA.O), which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari shipped more than 1,800 cars to its Americas region, which includes the U.S., in the first half of this year. Galliera did not say how many cars Ferrari expected to sell through crypto. "Prices will not change, no fees, no surcharges if you pay through cryptocurrencies," Galliera said.

Persons: Benedetto Vigna, Flavio Lo Scalzo, Elon Musk, Enrico Galliera, Reuters cryptocurrencies, Ferrari, Galliera, Bitpay, Giulio Piovaccari, Tom Wilson, Louise Heavens Organizations: Ferrari, REUTERS, Reuters, Thomson Locations: Maranello, Italy, cryptocurrency, U.S, Europe, bitcoin, cryptocurrencies, East, Africa, China, Milan, London

☆ Poet and Nobel Laureate Louise Gluck dies at 80
▼ + stars: | 2023-10-13 | by ( Scottie Andrew | ) edition.cnn.com time to read: +6 min

CNN —Louise Glück, the former US Poet Laureate and 2020 Nobel Prize awardee whose deceptively simple poems revealed visceral truths about love, loss and survival, has died at 80. “Louise Glück’s poetry gives voice to our untrusting but unstillable need for knowledge and connection in an often unreliable world. She was often praised as an accessible writer, whose work “makes individual existence universal,” per the Nobel Prize committee that honored her. Though it wasn’t published in itself, lines she wrote in her teens have appeared, “reconstituted slightly,” in her later works, Glück’s Nobel biography also noted. Glück’s poems speak directly to her readers as active participants.

Persons: Louise Glück, “ Louise Glück’s, ” Jonathan Galassi, Farrar, Straus, Giroux, Glück, Iris, ”, Barack Obama, “ Louise Gluck’s, Jonathan Galassi, Glück’s, “, ” Glück, Glück’s Nobel, Noah, Achilles ”, Nova, Leo Cruz, Leo, Sam Huber, we’re Organizations: CNN, US Poet, “, National, Columbia University, Goddard College, Yale University, Stanford Locations: New York City, Long, New York, Plainfield , Vermont, New Haven , Connecticut

☆ Louise Glück, American Poet and Nobel Laureate, Dies at 80
▼ + stars: | 2023-10-13 | by ( Suryatapa Bhattacharya | ) 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/arts-culture/books/nobel-laureate-louise-gluck-dies-at-80-595d0fb4

Persons: Dow Jones, louise, gluck

NEW YORK (AP) — Nobel laureate Louise Glück, a poet of unblinking candor and perception who wove classical allusions, philosophical reveries, bittersweet memories and humorous asides into indelible portraits of a fallen and heartrending world, has died at 80. In awarding her the literature prize in 2020, the first time an American poet had been honored since T.S. “The advantage of poetry over life is that poetry, if it is sharp enough, may last,” she once wrote. And in each of us begana deep isolation, though we never spoke of this,of the absence of regret. “You would hand in something and Louise would find the one line that worked,” the poet Claudia Rankine, who studied under Glück at Williams College, told The Associated Press in 2020.

Persons: — Nobel, Louise Glück, unblinking, Jonathan Galassi, Farrar, Straus, Giroux, Glück, Eliot, “, Shakespeare, ”, Marigold, Rose, Iris, Nova, ” Glück, Noah, John Darnow, Louise, Claudia Rankine, Leonie Adams, Stanley Kunitz, Goddard, Sam Cooke, Iris ”, “ I’ve, ’ Organizations: ”, Meadowlands, Giants, “, Stanford University, Yale University, Williams College, Associated Press, New York, Guggenheim Museum, Sarah Lawrence College, Columbia University, New Yorker, The Atlantic, Goddard College, “ Ararat, Washington Locations: American, U.S, New, New York City, , New York, Eastern, “, “ Ararat ”

☆ Novo Nordisk raises full-year guidance again as US sales of Wegovy, Ozempic fly
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

The Danish drugmaker said it now expects sales growth this year between 32% and 38%, from a previous forecast of 27%-33%. It raised its full-year outlook for growth in earnings before interest and tax (EBIT) to 40-46% from the previous 31-37% range. Novo became Europe's most valuable company this year on soaring demand for weekly injection Wegovy and its lower-dose version Ozempic. The new sales outlook for this year primarily reflects higher expectations for profits related to sales of Ozempic and Wegovy in the United States. Operating profit grew 37% between January and September, with 47% growth in the third quarter.

Persons: Victoria Klesty, Danish drugmaker, Jeffries, Louise Breusch Rasmussen, Jacob Gronholt, Pedersen, Maggie Fick, Terje Solsvik, Susan Fenton, Emelia Organizations: REUTERS, Novo Nordisk, COPENHAGEN, Analysts, Barclays, Novo, Thomson Locations: Oslo, Norway, Victoria, United States, Danish, Wegovy, The Copenhagen, London

☆ Seismologists detected blast-like waves near broken Baltic Sea pipeline
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +3 min

[1/4] Estonian Navy conducts an undersea communications cable survey after a subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea was damaged, in the Gulf of Finland, October 10, 2023. Estonian Navy Handout/Handout via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 13 (Reuters) - Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved. Waves measured after explosions tend to leave different signals to those sent out by earthquakes, the seismologists said. But processing the data had separated the seismic waves from the background noise even though stormy weather in the Gulf of Finland, an arm of the Baltic Sea stretching eastwards into Russian waters, had complicated the analysis, seismologists said. In 2022, the Nord Stream gas pipelines under the Baltic Sea between Russia and Germany were damaged by explosions that authorities have determined were caused by deliberate acts of sabotage.

Persons: Baltic seismologists, Anne Strommen Lycke, NORSAR, seismologists, seismologist Bjorn Lund, Seismologist Jari Kortstrom, Heidi Soosalu, didn't, NORSAR's Lycke, Johannes Birkebaek, Louise Breusch Rasmussen, Ilze, Terje Solsvik Organizations: Estonian Navy, REUTERS, Rights, Reuters, Finland's National Bureau of Investigation, Sweden's University of Uppsala, University of Helsinki, Thomson Locations: Finland, Estonia, Baltic, Gulf of Finland, Handout, Rights COPENHAGEN, Finland's, Russia, Germany, Nord

LONDON/ZURICH, Oct 13 (Reuters) - Switzerland's SoftwareOne Holding (SWON.S), which helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM, received non-binding bids this week from private equity firms Bain Capital and Apax Partners, said two people familiar with the situation. The Swiss software manager has been holding management presentations this month as part of a strategic review run by JPMorgan, a third person said. Non-binding bids were due on Oct. 11 and at least four parties submitted proposals, one of the people said. SoftwareOne declined to comment. ($1 = 0.9050 Swiss francs)($1 = 0.9014 Swiss francs)Reporting by Amy-Jo Crawley, Oliver Hirt and Anousha Sakoui; Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: SoftwareOne, Amy, Jo Crawley, Oliver Hirt, Louise Heavens Organizations: Microsoft, Adobe, IBM, Bain Capital, Apax Partners, JPMorgan, Thomson Locations: ZURICH, Swiss

Sundar Pichai, Chief Executive Officer of Alphabet, gestures as he speaks during a session of the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse Acquire Licensing RightsBRUSSELS, Oct 13 (Reuters) - EU industry chief Thierry Breton on Friday warned Alphabet (GOOGL.O) Chief Executive Officer Sundar Pichai to adhere to EU tech rules after the spread of disinformation on YouTube following Hamas' attacks in Israel, the latest company to be rebuked. False content about the Israel and Hamas conflict has proliferated on the major social media platforms over the past several days. According to Alphabet's YouTube, the company has quickly worked to remove harmful content after Hamas' attack and was prepared to take additional action. It has also rolled out a crisis resource panel in search with information from Israeli authorities for viewers in Israel.

Persons: Sundar Pichai, Denis Balibouse, Thierry Breton, Breton, Pichai, Elon Musk, Mark Zuckerberg, Shou Zi Chew, Foo Yun Chee, Sudip Kar, Gupta, Sheila Dang, Louise Heavens, Diane Craft Organizations: Economic, REUTERS, Rights, YouTube, Twitter, Digital Services, Google, DSA, Thomson Locations: Davos, Switzerland, Rights BRUSSELS, Israel, Dallas

☆ US Nobel-winning poet Louise Gluck dies at 80
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

American poet Louise Gluck, winner of the 2020 Nobel Prize for Literature, poses outside her home in Cambridge, Massachusetts, U.S., in this undated handout image obtained by Reuters on December 7, 2020. © Nobel Prize Outreach/Daniel Ebersole/Handout via REUTERS Acquire Licensing RightsOct 13 (Reuters) - Louise Gluck, a renowned poet who won a Nobel Prize for Literature in 2020, has died at age 80, according to media reports in the United States on Friday that cited her editor. Drawing comparisons with other authors, the Academy said Gluck resembled 19th-century U.S. poet Emily Dickinson in her "severity and unwillingness to accept simple tenets of faith." She served as Poet Laureate of the United States in 2003-04 and was awarded the National Humanities Medal by President Barrack Obama in 2016. Born in New York, Gluck became the 16th woman to win a Nobel Prize for Literature, the literary world's most prestigious award.

Persons: Louise Gluck, Daniel Ebersole, Nobel, Gluck, Emily Dickinson, Jonathan Galassi, Farrar, Straus, Giroux, Iris, Barrack Obama, Rich McKay, Grant McCool Organizations: Reuters, REUTERS Acquire, Swedish Academy, Yale University, National, Literature, Thomson Locations: Cambridge , Massachusetts, U.S, Handout, United States, America, New York

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 13 (Reuters) - Crypto firm Tether's Chief Technology Officer Paolo Ardoino will also become its CEO from December 2023, the company said on Friday, in a surprise management shake-up for one of the crypto world's top tokens. Current CEO, Jean-Louis van der Velde, will "transition to an advisory role for Tether", the company said in a statement. Tether issues a stablecoin, also called Tether, which is designed to maintain a 1:1 dollar peg and is widely used in crypto-to-crypto trading. Little is known about van der Velde, who keeps a low public profile. Ardoino became chief technology officer of Tether in 2017, the company said.

Persons: Dado Ruvic, Paolo Ardoino, Jean, Louis van der Velde, van der Velde, Ardoino, Elizabeth Howcroft, Louise Heavens Organizations: REUTERS, Tether's, Twitter, Thomson

☆ Madonna greatest hits tour to feature 40 songs and a 'time machine'
▼ + stars: | 2023-10-13 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/3] Madonna performs at the 2019 Pride Island concert during New York City Pride in New York City, New York, U.S., June 30, 2019. "Madonna has very high expectations of how much hard work people will put into something. Tour organisers said Madonna would perform on "4,400 square ft. of stage, the largest for any Madonna tour", which nods to the grid of Manhattan. "The person that is going to take the stage looks incredible, sounds incredible, performs incredible," Price told the BBC, who quoted him as saying the concerts will feature more than 40 Madonna songs, with over half performed in full. On Thursday she posted a blurred photo of herself with the caption "2 more days…………… #madonnacelebrationtour" alongside a party-popper emoji.

Persons: Britain's, Stuart Price, Madonna, Price, popper, Marie, Louise Gumuchian, Alison Williams Organizations: New York City Pride, REUTERS, London's O2, Britain's BBC, O2, BBC, Thomson Locations: New York City , New York, U.S, Manhattan, Vancouver, New York

☆ London exhibition celebrates 100 years of Disney
▼ + stars: | 2023-10-12 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

LONDON, Oct 12 (Reuters) - From Mickey Mouse sketches to Cinderella's glass slipper, a new exhibition opening in London on Friday celebrates 100 years of the magical world of Disney. More than 250 items are on display at "Disney 100: The Exhibition", which begins with an introduction to animator and producer Walt Disney and his character, Oswald The Lucky Rabbit, said to be a prototype for Mickey Mouse. Also featured are sketches and interactive stations, and items from Marvel, Pixar and the "Star Wars" films, now part of the Disney conglomerate. "These characters can remain true and universal for decades," said Goldberg, who has worked on various Disney characters starting with the Genie in the 1992 animated feature "Aladdin". The exhibition at London's ExCel, of which another version will open in Chicago next month, runs as The Walt Disney Company marks 100 years since its founding, considered to be when Walt and his brother Roy Disney signed a contract with New York cartoon distributor Margaret Winkler on Oct. 16, 1923.

Persons: Mickey, Walt Disney, Oswald The Lucky Rabbit, Mickey Mouse, Dick van Dyke, Mary Poppins, Lumiere, Cogsworth, Eric Goldberg, Goldberg, Bret Iwan, Walt, Roy Disney, Margaret Winkler, Marie, Louise Gumuchian, Richard Chang Organizations: Disney, Walt Disney Archives, Marvel, Pixar, Reuters, ExCel, Walt Disney Company, New York, Thomson Locations: London, Chicago, New

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