DIRS.INFO The most relevant business & tech news

Private credit players like HPS Investment Partners and Blue Owl Capital (OWL.N) have a workaround, but it could prompt a painful hangover. Cashed-up private credit funds offered sums previously unseen outside of traditional bank financing on riskier deals. Private credit assets swelled 460% to over $1.4 trillion between 2010 and the end of 2022, Preqin says. Reuters GraphicsThe attraction of “mezz” and similar exotic lending isn’t just that it helps private credit source new deals. In 2021, that dynamic meant private loans briefly became cheaper than liquid, tradable loans – flying in the face of financial orthodoxy.

Persons: –, Zendesk, Preqin, LSEG, HPS, Goldman, Blackstone, Angelo Gordon, dealmaking, George Hay, Oliver Taslic Organizations: Reuters, HPS Investment Partners, Owl, Blackstone, Apollo, Treasury, Private, Management, Partners, Reuters Graphics Reuters, Sabre, Companies, Wolf, ADC Therapeutics, Equity, Thomson Locations: EBITDA

☆ Maps of the 2023 ‘Ring of Fire’ Solar Eclipse
▼ + stars: | 2023-10-11 | by ( Jonathan Corum | Katrina Miller | ) www.nytimes.com time to read: +13 min

Maps of the 2023 ‘Ring of Fire’ Solar EclipseOn Saturday, Oct. 14, an annular or “ring of fire” solar eclipse will sweep across much of the Western Hemisphere. Viewers outside the path of annularity will see the crescent sun of a partial solar eclipse. The map below shows the path of the eclipse, and the approximate local time when the ring of fire will be visible. NEV. CALIF. Ely Los Angeles Las Vegas Salt Lake City San Diego WYO. Corpus Christi MEXICO 12:00 p.m. MISS.

Persons: Eugene MINN, Louis KAN, Butte Eugene, Ely San Francisco Columbus, Charlotte N.C, Casper, KAN, Torreón, Torreón San Antonio Austin, Eugene Medford, Central Time TEXAS Dallas Torreón, Central Time TEXAS Dallas Torreón San Antonio Austin Organizations: Central, Central America, Viewers, Edmonton BRITISH COLUMBIA SASKATCHEWAN ALBERTA Vancouver, Regina, Seattle Winnipeg Shadow, Ottawa VT, Toronto Medford Boston, Minneapolis S.D ., New York Chicago Des Moines Philadelphia, Reno Salt Lake City NEB . Sacramento OHIO Omaha N.J, Ely, Ely UTAH Columbus San, Indianapolis NEV, Ocean, Fresno COLO, Richmond Louisville St, Las Vegas, Alamos, Flagstaff Santa Fe Los Angeles TENN ., Memphis Albuquerque Columbia, OKLA, San Diego Little Rock, Atlanta Birmingham N.M, Lubbock MISS, Tucson Las, Dallas Jackson ALA, El, El Paso Midland, Odessa, Central Time, Houston New, Tampa Beeville, Corpus Christi, Tampico, Mérida, Mérida Guadalajara JAMAICA, Mexico City Toluca, Puebla Chetumal, Tegucigalpa Guatemala, SALVADOR, NICARAGUA PANAMA, Time, Time Panama City, Edmonton, Edmonton BRITISH COLUMBIA ALBERTA Vancouver SASKATCHEWAN, Calgary MANITOBA Regina QUEBEC ONTARIO Seattle Winnipeg Shadow, Spokane Missoula Portland MAINE Montreal, Boise Toronto, S.D . Minneapolis, S.D . Minneapolis Rapid City N.Y . IDAHO Buffalo, New York Chicago Philadelphia Des Moines Reno, Ely San, Ely San Francisco Columbus UTAH, Time Fresno Richmond Louisville St, Vegas CALIF, Los Alamos Nashville, Santa Fe Los Angeles TENN ., Phoenix San Diego Little Rock, Lubbock Tucson Birmingham, MISS, Dallas Midland Jackson ALA, Time Austin, Time Austin Hermosillo New, Antonio, Tampa, Corpus Christi Miami, Mexico City, Managua Pacific, Pacific Time, Pacific Time BRITISH COLUMBIA Vancouver Seattle Portland, Spokane Medford, Calgary San, Calgary San Francisco Sacramento Missoula, Ely Los Angeles Las, Flagstaff, S.D, Denver, Colorado Springs, Colorado Springs Tucson Pueblo, Colorado Springs Tucson Pueblo Los Alamos Albuquerque NEB, Wichita Kansas City Midland Oklahoma City Odessa, Central Time TEXAS, ARK, Torreón San Antonio Austin Little, Laredo Monterrey, Houston, Christi, Jackson León, New, New Orleans Tampico Mexico City, Tampa Campeche Mérida, Miami Cancún, Havana, SALVADOR Tegucigalpa, Eugene Medford Spokane, San Francisco Sacramento Reno, MONT . IDAHO Fresno, Flagstaff Durango Phoenix Denver, Tucson Pueblo, Midland Oklahoma City Odessa, Central Time TEXAS Dallas, Central Time TEXAS Dallas Torreón San, Laredo Monterrey Beeville Houston, Tampico Mexico City, Campeche Mérida, COSTA RICA, Pacific, San Francisco Sacramento Reno Boise CALIF ., San Francisco Sacramento Reno Boise CALIF . IDAHO Fresno, Portland Toronto, Chicago Denver New, Francisco UNITED STATES, Los Angeles Dallas Atlanta, Austin Houston San, Gulf of Mexico Miami, MEXICO Havana, COLOMBIA Bogotá, Natal Cali, Manaus, Salvador, Portland, Denver New, Angeles Phoenix Atlanta Dallas, Time San, Gulf of Mexico Miami MEXICO Havana, Bogotá Natal, Cali Recife, Manaus Quito, ECUADOR Salvador Pacific Ocean BRAZIL PERU Brasília, Pacific Time Chicago Denver, New York, CANADA, STATES, NASA, Goddard, University of Arizona, NOAA Locations: Oregon, Texas, of Mexico, Central, Calgary, Regina MANITOBA ONTARIO QUEBEC, Seattle, Pacific Time Spokane Missoula N.D . MAINE Portland MONT, Bismarck Butte, Eugene, Ottawa, Boise, Minneapolis S.D, Minneapolis S.D . IDAHO Rapid City N.Y, Buffalo CONN . Milwaukee WYO, Casper Detroit IOWA, New York Chicago, Reno Salt Lake City NEB . Sacramento OHIO, Ely UTAH, Ely UTAH Columbus San Francisco, Denver, Ocean Kansas, Richmond, Louis KAN . VA, CALIF . KY, Las, Las Vegas Durango Wichita, N.C, Flagstaff Santa Fe Los Angeles, Flagstaff Santa Fe Los Angeles TENN . Oklahoma, Memphis, San, Lubbock, Tucson Las Cruces, El Paso, El Paso Midland LA, Odessa San Angelo, Houston New Orleans San Antonio Chihuahua, Tampa Beeville FLA, Corpus, Corpus Christi Laredo, Miami Gulf, Mexico Monterrey, Havana MEXICO CUBA, Mérida Guadalajara, Campeche, Mexico, Puebla, BELIZE HONDURAS, GUATEMALA, Ocean Managua, NICARAGUA, NICARAGUA PANAMA COSTA RICA, Time Panama, Time Panama City San, Edmonton BRITISH, Spokane Missoula Portland MAINE, Spokane Missoula Portland MAINE Montreal MONT, N.D, Bismarck, Butte, Butte Eugene MINN, Boise Toronto Boston Medford, S.D, S.D . Minneapolis Rapid City N.Y, S.D . Minneapolis Rapid City N.Y . IDAHO Buffalo CONN . Milwaukee WYO, Salt Lake City NEB . OHIO, Omaha, Ely San Francisco, W.VA . Kansas, Time, Vegas, Durango KY, Wichita, Los, Santa Fe Los Angeles, Santa Fe Los Angeles TENN . Oklahoma, Flagstaff ARK, Phoenix, Atlanta, TEXAS, El Paso LA, Time Austin Hermosillo, Time Austin Hermosillo New Orleans Houston Chihuahua, Tampa FLA, Gulf of Mexico Monterrey, JAMAICA Guadalajara, Mexico City Campeche, BELIZE, HONDURAS, Tegucigalpa, Managua, NICARAGUA PANAMA, COSTA RICA, Pacific Time BRITISH, Pacific Time BRITISH COLUMBIA Vancouver Seattle Portland Eugene, Spokane, Calgary San Francisco Sacramento, Calgary San Francisco Sacramento Missoula Reno Boise IDAHO Butte Fresno, NEV . CALIF, Ely Los Angeles, Ely Los Angeles Las Vegas Salt Lake City San Diego WYO . UTAH, Rapid, Flagstaff Durango, COLO, Colorado Springs Tucson, Colorado Springs Tucson Pueblo Los Alamos, Santa Fe N.M, Hermosillo Las Cruces Omaha, El Paso Chihuahua Lubbock, Wichita Kansas City Midland Oklahoma City Odessa San Angelo, Torreón San, Houston MEXICO, New Orleans Tampico Mexico, New Orleans Tampico Mexico City Puebla, FLA, Miami, Havana GUATEMALA, CUBA, HONDURAS Managua, JAMAICA COSTA RICA, Panama, PANAMA, COLOMBIA, Pacific, Pacific Time Seattle Portland, San Francisco, San Francisco Sacramento Reno Boise, MONT . IDAHO, Ely Los Angeles Las Vegas Salt, WYO . UTAH, Flagstaff Durango Phoenix, Tucson Pueblo Los Alamos Albuquerque Santa Fe, Las Cruces, Midland Oklahoma City Odessa OKLA, Angelo, Central Time TEXAS Dallas Torreón San Antonio, Laredo Monterrey Beeville, Corpus Christi MEXICO, Tampico Mexico, GUATEMALA BELIZE, COSTA, San Francisco Sacramento Reno Boise CALIF, San Francisco Sacramento Reno Boise CALIF . IDAHO, Tampico, South America, Brazil, Chicago Denver New York, Francisco, Austin Houston San Antonio, Gulf of Mexico, MEXICO, JAMAICA BELIZE, HONDURAS GUATEMALA, PANAMA COSTA RICA, VENEZUELA, Recife, Manaus Quito, ECUADOR, Ocean PERU, Rio de Janeiro BOLIVIA, Toronto, Denver New York, Time San Antonio, Gulf of Mexico Miami MEXICO, Mexico City BELIZE JAMAICA, ECUADOR Salvador Pacific Ocean BRAZIL PERU, Havana, Mexico City BELIZE, PANAMA COSTA RICA VENEZUELA, Cali, Natal, Salvador BRAZIL, Mexico MEXICO, Time COLOMBIA BRAZIL, United States, New York City

NEW YORK (AP) — Louise Meriwether, the author and activist whose coming-of-age novel "Daddy Was a Number Runner" is widely regarded as a groundbreaking and vital portrait of race, gender and class, has died. "Daddy Was a Number Runner," published in 1970, tells of a poor Black community in Harlem during the 1930s as seen through the eyes of 12-year-old Francie Coffin. Political Cartoons View All 1206 ImagesIn 2016 the Feminist Press and TAYO Literary Magazine launched the Louise Meriwether First Book Prize for "debut women/nonbinary writers of color." "Daddy Was a Number Runner" was a personal story. After returning to New York in the late 1960s, she joined the Harlem Writers Guild and befriended Angelou and Sonia Sanchez, among others.

Persons: — Louise Meriwether, Meriwether, Cheryl Hill, Hill, Francie Coffin, Francie, I'm, Toni Morrison's, Angelou's, James Baldwin, Jacqueline Woodson, Louise Meriwether, Rosa Parks, Daniel Hale Williams, Robert Smalls, John Birch, Muhammad Ali's, Angelo Meriwether, Earle Howe, Louise Jenkins, Budd Schulberg, Angelou, Sonia Sanchez, Sarah Lawrence Organizations: Amsterdam Nursing, Feminist Press, Columbus Foundation, Los Angeles Times, IMF, World Bank, John Birch Society, Sarah Lawrence College, University of Houston, New York University, UCLA, Watts Writers, South Central, Universal Studios, Harlem Writers Guild, Pine Manor College Locations: Manhattan, Harlem, Puerto Rican, South Africa, Haverstraw , New York, Brooklyn, South, South Central Los Angeles, Hollywood, New York, Pine

NEW YORK (AP) — D’Wayne Wiggins and Timothy Christian Riley didn’t realize that Raphael Saadiq was planting the seeds for a Tony! “We have to be us first before we could talk to anybody because that’s what happened the last time.”Cut to last month, when Tony! “I think it’s been really cool to hear younger kids sample our music and make new songs with our music,” Riley said. “We did always feel the love from our peers and fans and people just in general — it felt really good,” he said. He remembers a younger Beyoncé asking to hear some of the music he was working on.

Persons: — D’Wayne Wiggins, Timothy Christian Riley didn’t, Raphael Saadiq, Tony, Toni, “, ”, Wiggins, ” Saadiq, …, Saadiq, Riley, Toné, Raphael Saddiq, Tone, It’s, that’s, “ There’s, Little Walter, Jack Swing, DJ Quik, ” “, “ I’ve, Nat King Cole, Tonyies, ‘, We’d, ” Wiggins, Amar Khalil, Will Smith, Alicia Keys, Badu’s, Lady ”, Whitney Houston, Mary J, Blige, Dawn Robinson, Ali Shaheed Muhammad, Lucy Pearl, it’s, ” Riley, ” RAPHAEL SAADIQ, Raphael Saadiq's, D’Wayne Wiggins, Beyoncé, who’s, Knowles, Solange’s, she’s, Oscar, ’ ” Saadiq, Gary Gerard Hamilton Organizations: Music, TLC, En, Associated Press Locations: Oakland, Oakland , California, Southern California, @GaryGHamilton

[1/2] A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019. The shares were heading for their worst one-day drop in over 20 years as of 1140 GMT, down 37%, which wiped some 3 billion euros ($3.16 billion) from Alstom's market value. The group said it now expects a cash outflow of 500-750 million euros over the full year, after a preliminary first-half outflow of 1.15 billion euros, well above the consensus for a 152 million euro outflow cited by Jefferies. The cost of insuring Alstom's debt against the risk of default shot to its highest since last November, according to data from S&P Global Market Intelligence. Citi analysts were less concerned about liquidity, but said "the past track record on cash means cash improvement is now very much a 'show me' story".

Persons: Regis Duvignau, Jefferies, Angelo Meda, JP Morgan, Olivier Sorgho, Danilo Masoni, Chiara Elisei, Amanda Cooper, Alexander Smith Organizations: Alstom, REUTERS, Banor SIM, Deutsche Bank, P Global Market Intelligence, Traders, Citi, Thomson Locations: Semeac, Tarbes, France, Paris, Milan, Britain

☆ Italy plans for possible evacuations from super volcano near Naples
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

ROME, Oct 5 (Reuters) - The Italian government is planning for a possible mass evacuation of tens of thousands of people who live around the Campi Flegrei super volcano near Naples, officials said on Thursday. The caldera is dotted with 24 craters and is a much bigger volcano than the nearby Vesuvius, which destroyed the ancient Roman city of Pompeii in 79 AD. Civil Protection Minister Nello Musumeci said this week evacuations would only be triggered in case of "extreme necessity". One of its biggest eruptions took place 39,000 years ago and might have led to the extinction of Neanderthal man, researchers say. Reporting by Angelo Amante; Editing by Crispian Balmer and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Campi, Nello Musumeci, Musumeci, Campi Flegrei, Angelo Amante, Crispian Balmer, Aurora Ellis Organizations: Civil, Local, Thomson Locations: Naples, Pozzuoli, Greenland

☆ Italy impounds migrant charity ship after multiple rescues
▼ + stars: | 2023-10-05 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

ROME, Oct 5 (Reuters) - Italian authorities have impounded a vessel operated by a Spanish charity, the group said on Thursday, after it carried out multiple rescues of migrants stranded in the Mediterranean. The Open Arms group said in a statement it had completed three rescues on Saturday picking up 176 people at sea, which included more than 90 unaccompanied minors. The boat docked on Wednesday in the central Italian port of Carrara to disembark the migrants. Temporary seizure orders had already been imposed on three charity boats - including the Open Arms - in August. Migrant arrivals nearly doubled in Italy this year compared with 2022.

Persons: Giorgia, Angelo Amante, Alex Richardson Organizations: Reuters, Italian coastguard, Interior Ministry, Charities, Thomson Locations: Spanish, Carrara, Africa, Italy

☆ More than 100,000 refugees arrive in Armenia as exodus swells
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +2 min

[1/2] Refugees from Nagorno-Karabakh region sit in a bus upon their arrival in the border village of Kornidzor, Armenia, September 29, 2023. "Many are hungry, exhausted and need immediate assistance," Filippo Grandi, head of the U.N. refugee agency UNHCR, said on social media late on Friday. Italy said Armenia had asked the European Union for temporary shelters and medical supplies to help it deal with the refugees. "This exodus is already unbearable physically because we have already spent 16 hours on this road... Reporting by Emma Farge, Angelo Amante and Nailia Bagirova; Writing by Giles Elgood; Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Irakli, Filippo Grandi, Siranush Sargsyan, Sargsyan, Emma Farge, Angelo Amante, Giles Elgood, Christina Fincher Organizations: REUTERS, Rights, UNHCR, European Union, Armenia, Thomson Locations: Nagorno, Karabakh, Kornidzor, Armenia, Italy, Azerbaijan, Republic of Artsakh, Soviet Union, Artsakh, Kalbajar

☆ Armenia seeks EU aid for refugees from Nagorno-Karabakh, Italy says
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +1 min

People gather near an aid center for refugees from Nagorno-Karabakh region in the border village of Kornidzor, Armenia, September 29, 2023. REUTERS/Irakli Gedenidze Acquire Licensing RightsROME, Sept 30 (Reuters) - Armenia has asked the European Union for assistance to help it deal with refugees arriving from Nagorno-Karabakh since Azerbaijan took back control of the region last week, the office of Italy's prime minister said on Saturday. More than 100,000 refugees have arrived in Armenia since Azerbaijan launched a military operation to retake control of Nagorno-Karabakh, the head of the U.N. refugee agency (UNHCR) said late on Friday. Armenia has asked the EU for temporary shelters and medical supplies, the Italian prime minister's office said in a statement, adding that Rome working to promote stabilisation in the region. Reporting by Angelo Amante Writing by Gianluca Semeraro Editing by Helen PopperOur Standards: The Thomson Reuters Trust Principles.

Persons: Irakli, Angelo Amante, Gianluca Semeraro, Helen Popper Our Organizations: REUTERS, Rights, European Union, UNHCR, EU, Thomson Locations: Nagorno, Karabakh, Kornidzor, Armenia, Azerbaijan, Republic of Artsakh, Soviet Union

☆ Fans new and old in high spirits as Ryder Cup tees off
▼ + stars: | 2023-09-29 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

ROME, Sept 29 (Reuters) - Fans from across Europe and the United States travelled to Rome in high spirits for the 44th Ryder Cup, enjoying warm weather and bringing a blaze of colour to the Eternal City as the action got underway on Friday. It is the first time the event has been held in Italy, attracting a host of local fans alongside more regular visitors from afar. "This is my eighth Ryder Cup, we are veterans," said Andy Nichol, who came with his friends from England and had British flags all over his suit, including on his tie and hat. While many American fans felt the food and drinks were fairly priced considering the popularity of the event, visitors from Europe voiced some criticism. However, visitors generally agreed the Marco Simone was a fine course, the event was well organised and the Ryder Cup was different from any other golf tournament.

Persons: Marco Simone Golf, Matt Williams, Andy Nichol, Nick Easter, Tim Hollis, Donald Duck, Luke Donald, Marco Simone, Kerrie, Jackie, Angelo Amante, Toby Davis Organizations: Ryder, Country, Reuters, Thomson Locations: Europe, United States, Rome, Italy, California, Italian, Tuscany, Puglia, England, British, Ireland

LOS ANGELES (AP) — He emerged in front of piercing, sunset-colored LED screens that flashed like strobe lights, percussion pulsing from the stage to the audience floor. For an artist well known for over a decade, Jai Paul made this tour opener feel like the first time. Before Jai Paul hit the stage at Los Angeles' Mayan Theater on Tuesday night, he'd only performed a handful of times, and never before this year. A decade later, he made his live debut at Coachella 2023, then performed two nights in London and New York. On Tuesday night in Los Angeles, he kicked off a new tour leg.

Persons: Jai Paul, he'd, He's, Gallagher, Paul, —, they'd, “ BTSTU, — Paul, Drake, Beyoncé, Prince, “ Jasmine, Ed Sheeran, ” Jai Paul Organizations: ANGELES, Mayan, XL Records, New York Times Locations: Los Angeles, British, London, New York, Mumbai

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 last week posted its biggest weekly drop since March. According to preliminary data, the S&P 500 (.SPX) gained 17.92 points, or 0.41%, to end at 4,337.98 points, while the Nasdaq Composite (.IXIC) gained 59.86 points, or 0.45%, to 13,271.66. Among S&P 500 sectors, energy (.SPNY) led the way.

Persons: Brendan McDermid, Chuck Carlson, Angelo Kourkafas, Edward Jones, Jerome Powell, Austan Goolsbee, Lewis Krauskopf, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Maju Samuel, Richard Chang Organizations: New York Stock Exchange, REUTERS, Anthropic Energy, Amazon.com, Federal Reserve, Fed, Horizon Investment, Nasdaq, Dow Jones, Investors, Chicago Fed, CNBC, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Group of Italian investors in Mediobanca backs new term for CEO Nagel
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

MILAN, Sept 25 (Reuters) - A group of Italian investors with a combined 10.9% stake in Mediobanca (MDBI.MI) will vote to give Chief Executive Alberto Nagel a new term at a shareholders' meeting on Oct. 28, one of the group's members said on Monday. The bank's board is elected for a three-year term and the current term expires on Oct. 28 when Mediobanca shareholders will vote on renewing the board, including the CEO. The group of investors, who in 2018 signed a consultation agreement on the most important issues regarding the bank, met on Monday. Another member of the group, who did not wish to be identified, said all members of the group would vote to keep Nagel as CEO. Nagel has so far enjoyed the support of institutional investors who collectively account for 45% of the bank's capital.

Persons: Alberto Nagel, Nagel, Del, Delfin, Francesco Gaetano Caltagirone, Mediobanca's, Renato Pagliaro, Angelo Caso, Pagliaro, Gianluca Semeraro, Susan Fenton Organizations: Banca Mediolanum, Delfin, Thomson Locations: Mediobanca

☆ Italy criticises Germany for funding migrant charity groups
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

[1/2] A woman reacts, as she disembarks from a vessel after being rescued at sea, on the Sicilian island of Lampedusa, Italy, September 18, 2023. The review of the applications has already been completed in two cases," the spokesperson told Reuters, saying the funding amounted to between 400,000 and 800,000 euros ($426,000-$852,160) for each project. Latest interior ministry data shows over 132,000 migrants have reached Italy by boat so far this year against around 69,000 in the same period of 2022. On Saturday, charity SOS Humanity said in a statement it would receive around 790,000 euros from the German government. ($1 = 0.9388 euros)Reporting by Angelo Amante in Rome and Friederike Heine in Berlin; Editing by Emelia Sithole-MatarsieOur Standards: The Thomson Reuters Trust Principles.

Persons: Yara, Guido Crosetto, Italy's Crosetto, Berlin, Giorgia Meloni's, Angelo Amante, Friederike Heine, Emelia Sithole Organizations: REUTERS, Rights, Reuters, La, SOS Humanity, Thomson Locations: Lampedusa, Italy, Rome, La Stampa, Berlin

☆ Italy says it will be equal partner in jet fighter project with UK, Japan
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

A concept model of the Global Combat Air Programme (GCAP)'s fighter jet is displayed at the DSEI Japan defense show at Makuhari Messe in Chiba, east of Tokyo, Japan March 15, 2023. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsROME, Sept 23 (Reuters) - Italy said on Saturday it will be an equal partner in the next-generation fighter program with Britain and Japan, as further talks are still underway on the project, including on where to base its headquarters. The three countries established the Global Combat Air Programme (GCAP) in December after Britain and Japan agreed to merge their fighter efforts in a ground-breaking collaboration that aims to deploy an advanced aircraft by the middle of the next decade. Reuters on Thursday reported that Japan and Britain were going to dominate design and manufacturing on the project, with London likely to lead its organisation due to its deeper and more recent experience in jet fighter development. "The Global Combat Air Programme, or GCAP, is an actual trinational programme based on the principle of equal sharing, as the Prime Ministers stated in the Joint Ministerial Declaration last December," an Italian defence ministry statement said.

Persons: Kim Kyung, Angelo Amante, Andrew Cawthorne Organizations: Global Combat Air, Makuhari Messe, REUTERS, Rights, Reuters, Combat Air, of Defence, Thomson Locations: Japan, Chiba, Tokyo, Italy, Britain, London

☆ Argentina grind out 19-10 win over Samoa
▼ + stars: | 2023-09-22 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +3 min

SAINT-ETIENNE, Sept 22 (Reuters) - Fullback Emiliano Boffelli scored 16 points in a man-of-the-match performance as Argentina got their World Cup campaign back on track with a hard fought 19-10 victory over a committed Samoa on Friday. That set up a frenetic finale but Nicolas Sanchez, coming off the bench to win his 99th cap for Argentina, lashed over a final penalty from just inside the Samoa half to make the game safe and deny Samoa a losing bonus point. "It's pretty tough to win a test match, especially against a team of the calibre of Argentina with 40% possession," said Samoa coach Seilala Mapusua. England lead Pool D with nine points from two games, four points ahead of Samoa, who beat Chile 43-10 in their opener, and third-placed Japan with Argentina in fourth place on four points. Argentina laid siege to the Samoan try line at the start of the second half and finally came away with some points when Boffelli kicked his third penalty in the 53rd minute.

Persons: ETIENNE, Emiliano Boffelli, Boffelli, Michael Cheika, Christian, Sama Malolo, Nicolas Sanchez, Seilala Mapusua, Duncan Paia'aua, Alai D'Angelo Leuila, Manu, Nick Mulvenney, Pritha Sarkar Organizations: Pumas, Wallabies, Samoa, Chile, England, Thomson Locations: Argentina, Samoa, Argentine, England, Japan, Saint Etienne

☆ Former Italian president Napolitano dies aged 98
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Former Italian President and senator Giorgio Napolitano speaks following a talk with Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, April 13, 2018. REUTERS/Tony Gentile/File Photo Acquire Licensing RightsROME, Sept 22 (Reuters) - Former Italian president Giorgio Napolitano, a onetime communist who helped to steer his country through a debt crisis in 2011, died on Friday aged 98. Condolences poured in from Italian Prime Minister Giorgia Meloni's office, other politicians, the Vatican and beyond. Napolitano became president in 2006 and was elected for an unprecedented second seven-year term in 2013. Reporting by Angelo Amante; writing by Keith Weir and Angelo Amante Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgio Napolitano, Sergio Mattarella, Tony Gentile, Giorgia, Pope Francis, Napolitano's, Clio Bittoni, Napolitano, Pope Benedict XVI, Francis, Mario Monti, Silvio Berlusconi, Enrico Letta, Angelo Amante, Keith Weir, Gareth Jones Organizations: Italian, REUTERS, Rights, European Commission, Thomson Locations: Rome, Italy, Italian

[1/2] A model of a new fighter jet of the Global Combat Air Programme (GCAP) led by Britain, Japan, and Italy, is seen at the DSEI defence event in London, Britain, September 12, 2023. Reuters/Sarah Young/File Photo Acquire Licensing RightsTOKYO, Sept 21 (Reuters) - Japan, Britain and Italy plan to choose Britain as the headquarters for their next-generation fighter program, four sources in Japan said, putting London at the forefront of a partnership that could expand to include other nations. "Discussion about the headquarters is ongoing and we are unable to comment on the location," Japan's defence procurement agency said in an email. "No final decisions have been made on the locations and we will not comment on speculation," a spokesperson at Britain's defence ministry said. Officials at the Italian defence ministry were unavailable for comment.

Persons: Sarah Young, Leonardo, LDOF.MI, Richard Berthon, Britain's, Tim Kelly, Nobuhiro Kubo, Paul Sandle, Angelo Amante, Gerry Doyle Organizations: Global Combat Air, Reuters, Rights, London, United, United Arab Emirates, Combat, Britain's Ministry of Defence, BAE Systems PLC, Mitsubishi Heavy Industries, Mitsubishi Electric Corp, Royce PLC, Japan's IHI Corp, Thomson Locations: Britain, Japan, Italy, London, Saudi Arabia, United Arab, GCAP, European

☆ Cerebral Valley, the AI conference that spawned a $1.3 billion deal, is coming back to San Francisco this year
▼ + stars: | 2023-09-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Cerebral Valley, an AI conference run by Eric Newcomer's eponymous publication, just announced its second gathering of 2023. CVAI2 (Cerebral Valley AI Summit version 2.0) will take place on November 15 at the SFJAZZ Center in Hayes Valley, San Francisco. The neighborhood is nicknamed Cerebral Valley these days, due to the plethora of AI startups that have sprouted there. Ali Ghodsi, CEO of Databricks, and Naveen Rao, CEO of MosaicML, met for the first time at the initial Cerebral Valley AI Summit. That's the biggest generative AI startup deal so far, by my counting.

Persons: Vinod Khosla, Reid Hoffman, Adam D'Angelo, Eric Newcomer's, Mustafa Suleyman, Ali Ghodsi, Kanjun Qiu, Chris Lattner, May Habib, Naveen Rao, Jason Warner, Max Child, James Wilsterman, Amjad Masad, Clem Delangue, Emad, Daniela Amodei, Cristobal Valenzuela, Shane Orlick, MosaicML, it's Organizations: SFJAZZ, Service, Industry Locations: Hayes Valley, San Francisco, Wall, Silicon, Jasper

☆ Italy to Pass Tougher Measures to Deter Migrant Arrivals
▼ + stars: | 2023-09-18 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Angelo AmanteROME (Reuters) - The Italian government, struggling with a surge in migrant arrivals, will pass measures on Monday to lengthen the time migrants can be held and to ensure more people who have no right to stay are repatriated, officials said. Under Italian law, migrants facing repatriation can be held if they cannot be immediately expelled. More than 127,000 migrants have arrived in Italy so far this year, according to government data, almost double the figure for the same period of 2022. Officials say a majority of migrants head to Italy for economic reasons and are therefore not eligible for asylum. As part of the package, it set aside around 20 million euros ($21.32 million) over two years.

Persons: Angelo Amante ROME, Giorgia Meloni, Meloni, Ursula von der Leyen, Von der Leyen, Angelo Amante, Crispian Balmer, Christina Fincher Organizations: European Locations: Lampedusa, Italy, Rome, Brussels

☆ Italy to pass tougher measures to deter migrant arrivals
▼ + stars: | 2023-09-18 | by ( Angelo Amante | ) www.reuters.com time to read: +3 min

[1/2] A man disembarked from Guardia di Finanza vessel is taken away on a stretcher after being rescued at sea, on the Sicilian island of Lampedusa, Italy, September 18, 2023. Under Italian law, migrants facing repatriation can be held if they cannot be immediately expelled. More than 127,000 migrants have arrived in Italy so far this year, according to government data, almost double the figure for the same period of 2022. Officials say a majority of migrants head to Italy for economic reasons and are therefore not eligible for asylum. ($1 = 0.9379 euros)Reporting by Angelo Amante; Editing by Crispian Balmer and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Yara, Giorgia Meloni, Meloni, Ursula von der Leyen, Von der Leyen, Angelo Amante, Crispian Balmer, Christina Fincher Organizations: Guardia, REUTERS, Rights, European, Thomson Locations: Guardia di, Lampedusa, Italy, Rome, Brussels

☆ Berlusconi's daughter criticises Meloni over bank windfall tax
▼ + stars: | 2023-09-15 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

Marina Berlusconi and Luigi Berlusconi attend the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. REUTERS/Yara Nardi/File photo Acquire Licensing RightsROME, Sept 15 (Reuters) - Marina Berlusconi, the daughter of former Prime Minister Silvio Berlusconi, on Friday criticised Italy's windfall tax on banks, underlining divisions over the issue in the coalition government that includes her late father's party. Prime Minister Giorgia Meloni has taken personal responsibility for the measure, which targets extra profits made by banks from higher interest rates. "Who determines when a profit is extra and when it is normal?," Marina Berlusconi said to reporters after the assembly of influential Italian business lobby Confindustria. Meloni has said she was open to some modifications, provided the targeted tax take remained unchanged at "just under" 3 billion euros ($3.2 billion).

Persons: Marina Berlusconi, Luigi Berlusconi, Silvio Berlusconi, Yara, Giorgia Meloni, Pier Silvio, Meloni, Berlusconi, Fininvest, Mediolanum, Antonio Tajani, Elvira Pollina, Giuseppe Fonte, Keith Weir Organizations: Italian, Cathedral, REUTERS, Rights, Forza Italia, Thomson Locations: Milan, Italy

☆ Finding the GameStop phenomenon: 'Dumb Money' hits theaters
▼ + stars: | 2023-09-15 | 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 EmailFinding the GameStop phenomenon: 'Dumb Money' hits theatersCraig Gillespie, ‘Dumb Money’ director, and the film’s writers and executive producers Lauren Schuker Blum and Rebecca Angelo, join 'Squawk Box' to discuss the 'Dumb Money' film, which follows the 2021 GameStop phenomenon and the story of Keith Gill, also known as Roaring Kitty, who ignited a grassroots movement challenging Wall Street and the big banks in support of a stock he loved.

Persons: Craig Gillespie, ‘, Lauren Schuker Blum, Rebecca Angelo, Keith Gill, Kitty Organizations: GameStop

BRUSSELS (AP) — The leaders of Serbia and Kosovo held a long-awaited face-to-face meeting on Thursday in talks aimed aimed at improving their strained relations as calls mount for a change in the Western diplomatic approach toward them amid concern that their tensions could spiral out of control. Serbian President Aleksandar Vučić and Kosovo Prime Minister Albin Kurti are in Brussels for talks under the so-called Belgrade-Pristina dialogue process, supervised by European Union foreign policy chief Josep Borrell. Serbia and its former province of Kosovo have been at odds for decades. Their 1998-99 war left more than 10,000 people dead, mostly Kosovo Albanians. Kosovo unilaterally declared independence in 2008 but Belgrade has refused to recognize the move.

Persons: Aleksandar Vučić, Albin Kurti, Josep Borrell, Kurti, Borrell, Angelo Michele Ristuccia, “, ”, aren't, Vladimir Putin, Kosovo — Organizations: Serbian, Kosovo, European Union, NATO, KFOR, United Locations: BRUSSELS, Serbia, Kosovo, Brussels, Belgrade, Pristina, Kosovo Albanians, Serbian, United States, Russia, Ukraine, West, Moscow, Balkans, Yugoslavia

☆ Italy's PM says migration won't solve Europe's demographic crisis
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

Sept 14 (Reuters) - Some legal migration can benefit European economies, but migration is not the solution to the continent's demographic crisis, Italian Prime Minister Giorgia Meloni said on Thursday as she met right-wing ally Viktor Orban in Budapest. Meloni was addressing a summit meeting on demography hosted by the Hungarian prime minister, a long-time political friend. Carlo Calenda, a centrist Italian opposition politician, called the reference to God "truly singular for the head of government of a liberal democracy. Meloni faces a mounting migration crisis at home, where the tiny, far-southern Italian island of Lampedusa has seen thousands of people coming ashore from Northern Africa over the last few days. Reporting by Federico Maccioni and Angelo Amante; editing by Alvise Armellini, Mark Heinrich and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgia Meloni, Viktor Orban, Meloni, Carlo Calenda, X, Orban, Federico Maccioni, Angelo Amante, Alvise Armellini, Mark Heinrich, Hugh Lawson Organizations: Italian, European Union, Thomson Locations: Budapest, Hungarian, Italian, Italy, Hungary, Europe, Brussels, Lampedusa, Northern Africa

Search resuls for: "angelo"

25 mentions found