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When he finally emerged for a five-minute televised speech on Monday night, the Russian leader skirted a host of questions to insist that the Russian government was presenting a united front to all threats. TUESDAY, JUNE 27:Mr. Putin’s spent a busy day in front of television cameras, portraying the rebellion as a heroic episode for the Russian state. In a televised meeting with military service members in Moscow, Mr. Putin suggested that Mr. Prigozhin — whose name he has refused to utter — or people linked to him might be guilty of graft. And in a grandly choreographed outdoor appearance at the Kremlin, Mr. Putin descended a red-carpeted staircase to deliver a speech from a stage on the medieval-era Cathedral Square. Later, Mr. Putin fed speculation about a broader crackdown in a closed-door meeting with Russian media figures at the Kremlin, presenting himself as a leader in total control.

Persons: Vladimir V, Putin, Mr, Wagner, Yevgeny V, Prigozhin, —, Aleksandr G, Lukashenko, ”, Putin’s, Prigozhin — Organizations: Kremlin Locations: Russia, Russian, Moscow, Belarus, Dagestan

☆ EU announces deal with Pfizer, others to reserve vaccines for future pandemic
▼ + stars: | 2023-06-30 | by ( Maggie Fick | ) www.reuters.com time to read: +2 min

LONDON, June 30 (Reuters) - The European Commission has contracted Pfizer (PFE.N) and several European companies to reserve capacity to make up to 325 million vaccines per year in case of a future global health emergency, it said on Friday. The European Commission said in a statement announcing the deal that the COVID pandemic showed that Europe needs to be better prepared for future health emergencies. But vaccine equity activists said the EU risked a repeat of what the World Health Organization dubbed "vaccine apartheid" during COVID-19. The Commission has selected Pfizer's plants in Ireland and Belgium to reserve capacity to produce mRNA vaccines. It selected Spanish companies Reig Jofre (RJFE.MC) and Laboratorios Hipra SA to reserve capacity for protein-based vaccines and Bilthoven Biologicals B.V. of the Netherlands for vector-based vaccines.

Persons: Mohga Kamal, Reig, Maggie Fick, Jennifer Rigby, Elaine Hardcastle Organizations: European Commission, Pfizer, Reuters, EU, World Health Organization, People’s Vaccine, Laboratorios Hipra SA, World Health, Thomson Locations: Europe, Ireland, Belgium, Netherlands, London

☆ Exclusive: EDF CEO tells managers nuclear business to be reorganised
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

Companies Electricite de France SA FollowPARIS, June 29 (Reuters) - EDF CEO Luc Remont told managers on Thursday that the state-owned power group's nuclear activities would be reorganised to overcome recurring problems that cut production last year. Two sources said the division would be restructured and five executives charged with drawing up proposals, including nuclear park head Cedric Lewandowski, head of new nuclear projects Xavier Ursat and head of industrial quality Alain Tranzer. France is the region's largest exporter of power, but the outages cut 2022 nuclear power output to the lowest level since 1988. Remont told the group's top 300 managers that talks were still underway with the state and EU competition regulators about its existing and future nuclear activities, the source said. There's no need to wait for a final decision from the president's office," the source said after attending the meeting with managers.

Persons: Luc Remont, Cedric Lewandowski, Xavier Ursat, Alain Tranzer, Emmanuel Macron's, Remont, Elizabeth Pineau, Benjamin Mallet, Josephine Mason, Leigh Thomas, Jan Harvey Organizations: Electricite de, SA, PARIS, EDF, Reuters, French, Thomson Locations: France, EU, Paris, London

The 56-year-old officer, nicknamed “General Armageddon” by the Russian media because of his reputation for ruthlessness, has not been seen publicly since early Saturday. Fighters from Mr. Prigozhin’s Wagner mercenary group were on the ground in Syria at the time, and reports indicate that both Wagner and General Surovikin used the civil war for financial gain. Besides leading Russian forces in Syria, General Surovikin was in Chechnya in the early 2000s, according to state news media and his biography on the Russian Defense Ministry’s website. Human Rights Watch said in 2020 that he was among military leaders who might bear “command responsibility” for human rights violations in Syria. He was placed on a European Union sanctions list on Feb. 23, 2022, a day before Russia invaded Ukraine.

Persons: Sergei Surovikin, Yevgeny V, Prigozhin, Surovikin, Bashar al, Assad, Prigozhin’s Wagner, Wagner, General Surovikin, General Surovikin’s, Aleksei Navalny, Russia’s, Valery Gerasimov, Prigozhin’s, ” Samuel Ramani, “, ”, Ramani, Mikhail Gorbachev Organizations: New York Times, Fighters, Islamic State militants, Russian Army, Russian Defense Ministry, Royal United Services Institute, Russian Defense, Human Rights Watch, Jamestown Foundation, Union Locations: Ukraine, Russian, Syria, Russia, Ukrainian, Kherson, British, Rostov, Chechnya, Washington

☆ Nissan will not fill COO position left open by Gupta's departure
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

TOKYO, June 28 (Reuters) - Nissan Motor Co (7201.T) has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday. Responsibilities previously carried out by the operations chief will be taken over by other executives, it said. Chief Financial Officer Stephen Ma will take over operations performance duties. Japan's No.3 automaker is investigating accusations that Uchida carried out surveillance of Gupta, Reuters has reported. Nissan is in the midst of finalising the terms of a sweeping reset of its decades-old alliance with Renault SA (RENA.PA).

Persons: Ashwani Gupta, Hideyuki Sakamoto, Stephen Ma, Makoto Uchida, Nissan, Gupta, Japan's, Uchida, Satoshi Sugiyama, Muralikumar Organizations: Nissan, Reuters, Renault SA, Renault, Thomson Locations: TOKYO

But now, as Mr. Putin seeks to project an image of restored stability and control, he has been putting his defense minister on display, even if Mr. Shoigu has not addressed the public or even been heard speaking. Mr. Shoigu was also present on Monday as Mr. Putin convened a meeting of his top security chiefs. On Tuesday, as Mr. Putin praised his security forces in a grandly choreographed speech, Mr. Shoigu was again present, wearing his military uniform. Mr. Shoigu, who was a very popular minister of emergency situations before becoming defense minister in 2012, has had a long and friendly relationship with Mr. Putin. Mr. Putin may have kept both men in charge as part of his decades-long efforts to place the sprawling Russian military more under his control.

Persons: Vladimir V, Sergei K, Shoigu, Valery V, Putin, Yevgeny V, Wagner, ” Mr, Gerasimov, Mr, Prigozhin, Ramzan Kadyrov, —, ”, ” Andrei Guryulov, Aleksandr Dugin, Aleksandr G, Lukashenko, Dugin, Long, General Gerasimov, It’s, Andrei Soldatov, Putin “, ” Oleg Matsnev Organizations: Putin, Cuban, National Defense Control Center of Russia, Russian military’s Zvezda, United, Defense Ministry, General Staff Locations: Moscow, Russia, Ukraine, United States, Cuba, Russian, Ukrainian, Lyman, Chechnya, United Russia, Belarus

☆ Canada annual inflation rate slows to 3.4% in May
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, June 27 (Reuters) - Canada's annual inflation rate slowed to 3.4% in May on lower prices for gasoline as a result of the base-year effect, while mortgage interest costs remain high, Statistics Canada said on Tuesday. This was in line with what analysts polled by Reuters had expected, down from 4.4% in April. Percent changesMonth-on-month Year-on-yearMay Apr May AprCPI - all items +0.4 +0.7 +3.4 +4.4CPI - common n/a n/a +5.2 +5.7CPI - median n/a n/a +3.9 +4.3CPI - trim n/a n/a +3.8 +4.2Bank of Canada core +0.4 +0.5 +3.7 +4.1All items ex food/energy +0.4 +0.5 +4.0 +4.4Goods +0.1 +0.8 +2.1 +4.0Services +0.5 +0.5 +4.6 +4.8Energy -0.8 +3.4 -12.4 -4.2Seasonally adjusted +0.1 +0.5 n/a n/aCore CPI, SA +0.2 +0.5 n/a n/aNOTE: Analysts in a Reuters survey had on average forecast May CPI to be 3.4% annualized, and to be up 0.5% on the month. They also forecast Bank of Canada Core to be 3.9% year-on-year. (Reporting by Dale Smith; Editing by Ismail Shakil)((ismail.shakil@tr.com))Keywords: CANADA ECONOMY/INFLATIONOur Standards: The Thomson Reuters Trust Principles.

Persons: Dale Smith, Ismail Shakil Organizations: OTTAWA, Statistics, Reuters, of Canada, CPI, SA, Canada, Thomson Locations: Statistics Canada

☆ Petrobras wins appeal in multi-billion dollar labor case
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

Companies Petroleo Brasileiro SA Petrobras FollowBRASILIA, June 26 (Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) has won its appeal in the Supreme Court against a 2018 labor conviction, avoiding billions of dollars in payments. Petrobras was charged in 2018 by Brazil's top labor court for divergences in the minimum salary remuneration agreed between the company and its employees, known as RMNR. The company was then liable to pay at least 17 billion reais ($3.57 billion) in salary corrections. The final decision to annul the case comes more than a year after supreme court Justice Rosa Weber asked for its temporary suspension. In a statement, Petrobras said it was awaiting the full written judgment "to provide information to the market about the decision."

Persons: Rosa Weber, Ricardo Brito, Carolina Pulice, Isabel Woodford Organizations: Petroleo Brasileiro SA Petrobras Follow, Petrobras, PETR4, Thomson Locations: Petroleo Brasileiro SA Petrobras Follow BRASILIA

The world's third-largest aircraft maker after Airbus (AIR.PA) and Boeing (BA.N), Embraer bagged 13 fresh orders for commercial jets at the Paris Airshow, falling short of market estimates and previous years' levels. The 13 new orders compared with 74 secured at Le Bourget in 2019 and 28 in Farnborough last year. They also lagged some upbeat market forecasts, including expectations by JPMorgan analysts for at least 30 orders. In Paris, investors were especially disappointed by the lack of orders from the booming Indian airline market, which handled an all-time-high 500-plane transaction to Airbus and new orders to Boeing. "We believe that most of the pre-event excitement has already been adjusted in share prices," said XP Investimentos, while also rates Embraer a "buy."

Persons: Le Bourget, Gabriel Araujo, Conor Humphries, Leslie Adler Organizations: SAO PAULO, Embraer, EMBR3, Airbus, Boeing, Paris, Le, JPMorgan, American Airlines, Royal, Salam Air, Thomson Locations: China, Farnborough, U.S, Paris, Royal Jordanian, New York

The Australian scandal is the latest in a number the "big four" professional services firm has faced around the globe. Auditor PwC said it was unable to comment on client issues due to confidentiality clauses. Its auditor PwC and affiliates agreed to pay $33 million in fines and compensation to settle U.S. litigation in 2011. India's market regulator barred PwC's local affiliate from auditing listed companies for two years in 2018, but that was overturned the following year. ($1 = 1.4984 Australian dollars)Reporting by Lewis Jackson; Editing by Praveen Menon and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Kristin Stubbins, PwC, Lewis Jackson, Praveen Menon, Sonali Paul Organizations: SYDNEY, PricewaterhouseCoopers, International, Wyelands Bank, Colonial Bank ., Satyam, Enron, PwC, Thomson Locations: Australia, Brazil, Britain, Alabama, Colonial Bank . India

☆ Defying high prices, Muslim pilgrims head to Mecca for haj
▼ + stars: | 2023-06-26 | by ( Arafat Barbakh | ) www.reuters.com time to read: +3 min

The 65-year-old struggled to pay the bill despite choosing the cheapest-offered package, which included travelling to Saudi Arabia by land and sharing hotel rooms with other pilgrims. "For the sake of the holy mosque and seeing the Kaaba... everything is worth it, but the economic conditions are really tough," he added. Abu Rahal was one of more than 2 million haj pilgrims expected to attend the 2023 pilgrimage season this week in Mecca and Medina, defying global inflation and higher prices for haj services. Authorities in the kingdom said more than 1.6 million pilgrims had already arrived for the pilgrimage as of Sunday. Many pilgrims said they were happy to take the spiritual journey and buy gifts for their family members despite high prices.

Persons: Mohamed Abd El Ghany, Anas Abu Rahal, haj, Abu Rahal, Haj, Eid Al, Omar, Abdullah Abbas, Aziz El Yaakoubi, William Maclean Organizations: REUTERS, Authorities, haj, Thomson Locations: El, Mecca, Saudi Arabia, Mohamed Abd El Ghany MECCA, Medina, Saudi, Mecca's, haj, Egypt

And they clearly had little interest in helping Mr. Putin avoid a major, embarrassing fracturing of his support. While it is not clear exactly when the United States first learned of the plot, intelligence officials conducted briefings on Wednesday with administration and defense officials. Placing Wagner forces under the control of Mr. Shoigu was “out of the question” for Mr. Prigozhin, Ms. Stanovaya said. But it was only in recent days that intelligence officials got the initial warnings that Mr. Prigozhin might take action. President Biden, speaking in October, talked of the dangers that Mr. Putin would pose if he felt cornered and said the United States was looking for “off ramps” for Mr. Putin.

Persons: Yevgeny Prigozhin, Wagner, Prigozhin, Vladimir V, Putin, Mr, Prigozhin’s, “, ”, Sergei K, Valery Gerasimov, Wagner ., Tatiana Stanovaya, Shoigu, Stanovaya, Gerasimov, Biden, Donald J, Trump Organizations: Wagner Group, United, CNN, United States, Russian Defense Ministry Press Service, Associated Press, Intelligence, Russian, Ukrainian, Mr, Ministry of Defense, Defense Ministry, Carnegie Endowment, International Locations: Rostov, Don, Russia, United States, Ukraine, St . Petersburg, Moscow, Belarus, United, U.S, Russian, Bakhmut, Wagner . Russia

CompaniesCompanies Law Firms Pfizer Inc FollowSanofi SA FollowJune 23 (Reuters) - GSK (GSK.L) reached a settlement with a U.S. citizen who alleged its discontinued heartburn drug Zantac caused cancer, the British pharmaceutical giant said on Friday, preventing the first such lawsuit from going to trial. The case, brought by California resident James Goetz in Alameda County Superior Court, was to go to trial on July 24 and would have been the first test of how Zantac cancer claims fared before a jury. The parties reached a confidential settlement and the trial will be dismissed, GSK said. Originally marketed by a forerunner of GSK Plc, Zantac was later sold successively to Pfizer (PFE.N), Boehringer Ingelheim and finally Sanofi (SASY.PA). Last month, a Canadian court dismissed a proposed class action against Zantac over increased cancer risk.

Persons: James Goetz, Zantac, Boehringer Ingelheim, GSK's, Eva Mathews, Dhanya Ann Thoppil, Barbara Lewis Organizations: Law, Pfizer, Sanofi, GSK, Alameda County Superior Court, GSK Plc, U.S . Food, Drug Administration, Thomson Locations: California, Alameda County, U.S, Zantac, Bengaluru

☆ European shares slide at open on rate hike worries
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

June 22 (Reuters) - European shares opened lower on Thursday on fears of continued monetary policy tightening, with London stocks falling on uncertainty about the size of the Bank of England's interest rate hike later in the day. The pan-European STOXX 600 index (.STOXX) fell 1.2% by 0716 GMT, while the FTSE 100 (.FTSE) index shed 1.2%. The BoE is set to raise interest rates for a thirteenth time in a row, a day after inflation data came in higher than expected again, but bets were almost evenly split between a 25-basis-point and 50-basis-point hike. Rate-sensitive technology shares (.SX8P) dropped 1.2%, while a 1.9% fall in auto stocks (.SXAP) led declines. In a bright spot, shares of SES SA rose 4.3% after it said that it has ceased merger talks with Intelsat.

Persons: BoE, Shreyashi Sanyal Organizations: Bank of, Wednesday, Federal Trade Commission, SES SA, Intelsat, Thomson Locations: London, Bengaluru

☆ Credit Agricole's CACEIS registers in France as crypto custody services provider
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

PARIS, June 22 (Reuters) - CACEIS, the asset servicing business owned by Credit Agricole (CAGR.PA) and Santander (SAN.MC), has registered with France's markets regulator AMF to provide custody services for digital assets, such as cryptocurrencies. The company registered as a digital asset service provider (DASP) on June 20, according AMF's website, adding a major traditional financial services group to the growing number of crypto companies registered by the French watchdog. France has been supportive of the nascent industry and was the first major European country to grant registration to the world's biggest cryptocurrency exchange, Binance. CACEIS had 4.1 trillion euros ($4.51 trillion) in assets under custody at end of last year, according to its website. Credit Agricole SA is its majority owner with a 69.5% stake, while Santander holds a 30.5% of the group.

Persons: Mathieu Rosemain, Jane Merriman Organizations: Credit Agricole, Santander, AMF, Binance, Societe Generale, AXA, CACEIS, Credit Agricole SA, Thomson Locations: France

☆ Brazil's Americanas rushes to produce new financials, strike deal with debt holders
▼ + stars: | 2023-06-22 | by ( Carolina Pulice | ) www.reuters.com time to read: +3 min

Americanas, which filed for bankruptcy protection in January after uncovering 20 billion reais, some $4 billion, in accounting fraud, is now negotiating changes in the plan to win over debt holders who have previously indicated they would reject it. Americanas said in a securities filing it expected to disclose its previous financial information by August 31. With almost 11 billion reais ($2.31 billion) in Americanas debt in hand, the debt holders are considering demanding smaller haircuts than the roughly 70% the restructuring plan calls for and additional compensation for their losses, according to two sources close to the matter. "Most of the (debt) can't be converted into shares - for pension or credit funds, there are legal restrictions, said Adriano Casarotto, a credit manager at Western Asset which holds 300 million reais in Americanas debt. In a statement, Americanas said it remains "committed to its creditors" to build a consensus on its recovery plan and that is still subject to adjustments.

Persons: Americanas, Leonardo Coelho, Adriano Casarotto, Carolina Pulice, Anthony Esposito, Diane Craft Organizations: MEXICO CITY, Americanas SA, Americanas, Western, Thomson Locations: MEXICO

☆ Intelsat, SES end talks on $10 bln merger - Bloomberg News
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: 1 min

June 21 (Reuters) - Intelsat SA has ended negotiations to combine with SES SA (SESFg.LU) as it was not able to reach an agreement with the satellite company and its major stakeholders, Bloomberg News reported on Wednesday citing people familiar with the matter. SES had said in March it was in talks with Intelsat over a possible combination of their businesses that would create an industry giant. Bloomberg News reported in March the two companies were nearing a deal valued at more than $10 billion, including debt. Intelsat and SES did not immediately respond to Reuters' requests for comment. Reporting by Nilutpal Timsina in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Nilutpal, Krishna Chandra Organizations: Intelsat SA, SES SA, Bloomberg, SES, Intelsat, Bloomberg News, Thomson Locations: Bengaluru

Santander and Goldman Sachs were the latest to upgrade their recommendations on the oil company to "Buy". They announced the change late on Tuesday, citing an attractive valuation and limited impacts from recent changes to key company policies. That followed similar calls earlier this month by Morgan Stanley and JPMorgan, which upgraded Petrobras to "Overweight" mentioning less disruptive policy changes than initially expected and lower risk perceptions, respectively. Analysts now await an announcement on the firm's dividend policy by July, but they do not foresee a major shift. "We believe the company's financial vigor and the government's fiscal needs make the case for limited changes," said Santander analysts, who raised their rating to "Outperform".

Persons: Goldman Sachs, Morgan Stanley, Goldman, Luiz Inacio Lula da Silva's, Gabriel Araujo, Brad Haynes, Emma Rumney, Sharon Singleton Organizations: SAO PAULO, Petrobras, PETR4, Santander, JPMorgan, Thomson Locations: Brazil

☆ Brazil watchdog offers plea deals to Americanas employees in fraud probe
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, June 20 (Reuters) - The president of Brazil's securities watchdog CVM on Tuesday urged employees from Americanas (AMER3.SA) with information about the retailer's alleged multi-billion-dollar fraud to give testimony in exchange for potential plea deals. Americanas last week admitted to a large-scale accounting fraud with current top managers slamming former executive, banks and auditors for their alleged involvement in "fraudulently altered" financial statements. Americanas filed for bankruptcy protection in January after uncovering an over $4 billion accounting scandal. The report issued on Tuesday accused ex-CEO Miguel Gutierrez and half a dozen other former executives and employees of committing fraud. Reporting by Patricia Vilas Boas; Writing by Carolina Pulice; Editing by Sarah Morland and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: CVM, Joao Pedro Barroso, Nascimento, Americanas, Miguel Gutierrez, Patricia Vilas Boas, Carolina Pulice, Sarah Morland, Aurora Ellis Organizations: SAO PAULO, Federal, Thomson Locations: Americanas

PARIS, June 20 (Reuters) - Brazilian planemaker Embraer (EMBR3.SA) on Tuesday notched fresh orders from American Airlines and Spanish carrier Binter for its E-Jets in deals announced at the Paris Airshow that are seen totaling about $1 billion. Embraer, the world's third-largest planemaker after Airbus and Boeing (BA.N), said the new orders follow expansion goals of regional carriers such as Binter and Canada's Porter Airlines, underscoring positive momentum for its planes in global markets. "We were expecting Embraer to announce at least 30 new orders during the event," they said. "We believe that additional new orders could be announced in the coming days, as in the last Paris Air Show Embraer divided its announcements into 3 days." "The best orders are repeat orders," Embraer's Chief Commercial Officer for commercial aviation Martyn Holmes said.

Persons: Le Bourget, Canada's, Binter, Rodolfo Nunez, Martyn Holmes, Porter, Holmes, Gabriel Araujo, Steven Grattan, Jan Harvey, Alexandra Hudson Organizations: Embraer, EMBR3, American Airlines, Spanish, Jets, Paris Airshow, Airbus, Boeing, Canada's Porter Airlines, JPMorgan, Air, Envoy Air, Leasing, Avolon, Sao Paulo, Alexandra Hudson Our, Thomson Locations: Sao Paulo, Paris, Sao

☆ Eve agrees on potential sale of up to 150 flying cars
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, June 20 (Reuters) - Electric aircraft maker Eve (EVEX.N), controlled by Brazil's Embraer (EMBR3.SA), said on Tuesday it has signed letters of intent for potential sales of its "flying car" to Voar Aviation, Nordic Aviation and Wideroe Zero. Under the new agreements, Eve said in a statement, Voar would operate its eVTOLs in Brazil's main metropolitan areas and popular tourist destinations, such as Sao Paulo, Florianopolis and Salvador. Wideroe Zero's parent Wideroe is already an Embraer customer for conventional jets, currently having three E190-E2 aircraft in its fleet. Its low-carbon unit envisions all domestic short-haul flights to be electric as part of Norway's goal of achieving carbon-neutral aviation by 2040. Reporting by Gabriel Araujo; Editing by Kirsten Donovan and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Eve, Norway's, Gabriel Araujo, Kirsten Donovan, Louise Heavens Organizations: SAO PAULO, Electric, Brazil's Embraer, EMBR3, Voar Aviation, Nordic Aviation, Wideroe, Nordic, Embraer, Thomson Locations: Brazil's, Sao Paulo, Florianopolis, Salvador, Scandinavia

SAO PAULO, June 19 (Reuters) - Electric aircraft maker Eve (EVEX.N) and Blade Air Mobility (BLDE.O) are expanding their partnership to integrate Eve's upcoming flying car into Blade's European route network, starting with France, the companies said on Monday. Eve is controlled by Brazilian planemaker Embraer (EMBR3.SA) and expects to start commercial operations of its vehicle in 2026. They did not say if the deal would involve new eVTOL purchases by Blade, whose current European operations include flying conventional helicopters between Nice and Monaco. "Extending our partnership with Eve underscores Blade's commitment to leading the transition from conventional to electric vertical aircraft," Blade Chief Executive Officer Rob Wiesenthal said. Eve CEO Andre Stein said he expected the extended partnership with Blade to allow the companies to combine expertise and resources to make travel more accessible and drive environmental improvements.

Persons: Blade, Eve, Rob Wiesenthal, Andre Stein, Azur, Gabriel Araujo, Steven Grattan, Jamie Freed Organizations: SAO PAULO, Electric, Blade Air Mobility, Brazilian, Embraer, EMBR3, Monaco, United Airlines, Royce, Heli, Thomson Locations: France, Paris, India, United States, Nice, U.S

☆ Brazil's Localiza launches $935.5 mln share offering to expand fleet
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, June 16 (Reuters) - Brazilian car rental company Localiza (RENT3.SA) said on Friday it will launch a follow-on share offering aimed at raising as much as 4.5 billion reais ($935.51 million) to expand its car fleet and service network. The primary offering will initially comprise 60.02 million new shares, Localiza said in a securities filing, but could be increased by up to 12.5% if demand allows it. Considering its closing price of 66.64 reais per share on Thursday, the offering would total around 4 billion reais, the company said. Shares of Localiza slipped around 2% after the move was announced, making it one of the biggest fallers on Brazil's Bovespa stock index (.BVSP). ($1 = 4.8102 reais)Reporting by Gabriel Araujo; Editing by Steven Grattan, Louise Heavens and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Localiza, Bradesco, BTG Pactual, Gabriel Araujo, Steven Grattan, Louise Heavens, Conor Humphries Organizations: SAO PAULO, JPMorgan, UBS Brasil, Santander, Bank of America, Banco Safra, XP, Thomson Locations: Santander Brasil

☆ Cramer's Lightning Round: GE Healthcare is a buy
▼ + stars: | 2023-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon GE Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon NGL Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Fuelcell Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Pampa Energia SA's year-to-date stock performance. Stock Chart Icon Stock chart icon Annaly Capital's year-to-date stock performance.

Persons: we've, NGL, Fuelcell, it's, Argentina's, Brazil's, Enphase, Annaly, Jim Cramer's Organizations: GE, GE Healthcare, CNBC, NGL, Fuelcell, Pampa Energia, Pampa Energia SA, Enphase, Annaly Locations: Pampa, it's

☆ US set to launch formal investigation into disputed Syria drone strike after reports it killed a civilian, defense officials sa
▼ + stars: | 2023-06-14 | by ( Oren Liebermann | ) edition.cnn.com time to read: +5 min

CNN —The US military is set to launch a formal investigation into a drone strike in Syria in early May, six weeks after the operation and following reports it killed a civilian rather than a senior al-Qaeda leader as first claimed, three defense officials familiar with the matter told CNN. A spokesman for CENTCOM, Michael Lawhorn, said the investigation process is continuing but that there were no updates at this time. It took US Central Command two weeks to begin a review of the incident, known as a civilian casualty credibility assessment report. The policy was developed in 2022 after a botched US drone strike in Kabul that killed 10 civilians in the final days of the withdrawal from Afghanistan. In that case, CENTCOM opened a formal 15-6 investigation into the strike within a week of the operation.

Persons: Erik Kurilla, CENTCOM, Kurilla, Hassan, Michael Lawhorn, Matthew McFarlane, ”, Annie Shiel, Shiel, Lloyd Austin, “, Brig, Pat Ryder Organizations: CNN, Command, Central Command, Pentagon, US Central Command, Washington Post, Force, ISIS, Center for Civilians, Defense Department, Defense Locations: Syria, Hassan Mesto, Kabul, Afghanistan

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