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I've spent 120 hours on six overnight train rides in the US and Europe. AdvertisementOver the last two years, I've spent 120 hours on six sleeper trains, from Amtrak rides along the East Coast to overnight trains in Europe. I didn't just pack any sleep mask; I packed my NodPod weighted sleep mask. AdvertisementThe author uses her NodPod sleep mask on an overnight train in Europe. Joey Hadden/Business InsiderThe NodPod paired with earplugs helped me get the best sleep I've ever had on an overnight train.
Persons: I've, , Joey Hadden, earplugs Organizations: Service, Amtrak Locations: Europe, East, Italy, Austria
Last month's slayings of about 1,200 people in Israel by armed Palestinian militants represented the biggest killing of Jews since the Holocaust. ACTS OF ANTISEMITISM — AND HOW THAT'S DEFINEDAntisemitism is broadly defined as hatred of Jews. Criticism of Israel's policies and antisemitism have long been conflated by Israeli leaders such as Prime Minister Benjamin Netanyahu and by some watchdog groups. Some of Europe's Jews say they see it on the streets and the news. Many Jews, though, say the chant is inherently anti-Jewish and calls for the destruction of Israel.
Persons: Michel Dreifuss, , Herbert Traube, Benjamin Netanyahu, Susan Neiman, , you’ve, , Israel, Israel —, There's, Anna Segal, Segal, ” Segal, Peggy Hicks, “ I’ve, Hicks, ” ___ Kellman, Kirsten Grieshaber, Silvia Stellacci, Karel Janicek, Lorne Cook, Jari Tanner, Vanessa Gera, John Leicester, Sylvie Corbet Organizations: GENEVA, Einstein, , French Interior Ministry, Community Security Trust, Israel, West Bank Locations: Geneva, Israel, Gaza, Europe, Germany, Austria, Potsdam, Britain, Russia, Berlin, Lyon, France, In Berlin, Palestine, Jordan, Jerusalem, London, Rome, Prague, Brussels, Helsinki, Warsaw, Poland, Paris
Learn moreLooking for help on how to watch the Abu Dhabi F1 live stream for free? For anyone outside the free live stream countries listed below, geo-restrictions will block you from watching online unless you use a VPN to unlock them. Where to Watch a free Abu Dhabi F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. Turn it on and set it to a country with a free live stream. Sling TV Subscription Sling is one of the most affordable live TV streaming services around.
Persons: we've, Alonso, Sainz, Leclerc, Russell aren't, We've, ExpressVPN, you'll, it's Organizations: Abu Dhabi, Abu, BBC, RTL, AWST, US ESPN, ESPN, Pro Locations: Abu Dhabi, Orf1, Austria, Belgium, Luxembourg, TV's
European Central Bank policymaker and Governor of the Austrian National Bank Robert Holzmann addresses the media in Vienna, Austria, March 23, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsVIENNA, Nov 24 (Reuters) - European Central Bank policymakers should discuss at their meeting next month whether to wind down bond reinvestments under the Pandemic Emergency Purchase Programme early, Austrian Governor Robert Holzmann said in remarks published on Friday. "My suggestion would be to reduce reinvestments step by step as of March," Holzmann told Austrian newspaper Die Presse. Those reinvestments are slated to run until the end of 2024 but some policymakers have made the case for starting to wind them down early. Reporting by Francois Murphy; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Austrian National Bank Robert Holzmann, Leonhard Foeger, Robert Holzmann, Holzmann, Francois Murphy, Christina Fincher Organizations: European Central Bank policymaker, Austrian National Bank, REUTERS, Rights, Central Bank, Austrian, Die Presse, Thomson Locations: Vienna, Austria, Austrian
Factbox-European Countries Tighten Borders
  + stars: | 2023-11-24 | by ( Nov. | At A.M. | ) www.usnews.com   time to read: +5 min
These countries have reinstated stricter checks:* Austria introduced checks at its border with the Czech Republic in October, set to last until Dec. 6. * Denmark in August tightened border control for arrivals, including those from Schengen countries, at Copenhagen airport to boost security after incidents of Koran burnings. * Germany announced controls in September on its land borders with Poland, the Czech Republic and Switzerland, set to stay in place until Dec. 4. * Sweden strengthened checks in August on its borders, giving border police more power including body searches and increased use of electronic surveillance. * France as of November reintroduced controls on its borders with Schengen members, citing what it called terrorism threats.
Persons: Berlin, Matteo Piantedosi, Gerald Darmanin, Olivier Sorgho, Stéphanie, Milla Nissi, Frances Kerry Organizations: Reuters, European, Austria, EU, Kremlin Locations: Austria, Czech Republic, Slovenia, Hungary, Ukraine, Denmark, Copenhagen, Germany, Poland, Switzerland, Berlin, East, Italy, Norway, Slovakia, Sweden, France, Belgian, Brussels, Africa, Croatia, Finland, Russia, Helsinki, Moscow, Gdansk
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsLONDON/MOSCOW, Nov 24 (Reuters) - OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources told Reuters, after disagreements over those targets forced the group of oil-producing nations to postpone a key meeting. As of October, Angola was pumping less than its quota for 2024, according assessments by independent sources cited by OPEC. Nigeria is pumping close to its 2024 quota of 1.38 million bpd but less than a 2024 level of 1.58 million bpd being considered for it subject to independent assessments. The market is also waiting to see if Saudi Arabia extends its additional 1 million bpd voluntary production cut, which is due to expire at the end of December.
Persons: Leonhard Foeger, OPEC Gabriel Tanimu Aduda, Maha El, Jason Neely Organizations: Organization, REUTERS, Reuters, of, Petroleum, Brent, OPEC, Thomson Locations: OPEC's, Vienna, Austria, MOSCOW, Angola, Nigeria, Russia, OPEC, Saudi Arabia, Maha El Dahan, Dubai
FRANKFURT, Nov 24 (Reuters) - Signa Real Estate Management Germany filed an official application for bankruptcy at the Berlin Charlottenburg district court, German magazine Spiegel reported on Friday, as the crisis at Rene Benko's property group deepens. Separately, Austrian newspaper Der Standard said a bankruptcy filing for Signa Group could come next Tuesday, citing a source. Meetings of Signa employees are planned for the same day, when employees will be given information about the insolvency and further steps, the paper reported. Signa Group declined to comment when contacted by Reuters. The Signa group has holdings of 27 billion euros ($28.8 billion) and 25 billion euros in development.
Persons: Spiegel, Rene Benko's, Benko, Signa, Emma, Victoria Farr, Matthias Inverardi, John O'Donnell, Elisa Martinuzzi, Louise Heavens Organizations: Estate Management, Signa, Reuters, Thomson Locations: FRANKFURT, Estate Management Germany, Berlin Charlottenburg, Austria, Germany, Europe's
More than 10 intelligence and police officials in five European countries including Britain, Germany and France told Reuters they are increasing surveillance of Islamist militants. A British security official said the war in Gaza was likely to become the biggest recruiter for Islamist militants since the Iraq war in 2003, and that calls for attacks on Jewish and Western targets had risen in Europe. Two Islamist militant attacks in France and Belgium last month killed three people, and these two countries, Austria, Slovenia and Bosnia-Herzegovina have raised their terrorism threat alert levels. LONE WOLVESSecurity officials say the main danger for Europe is probably from attacks by "lone wolves" — assailants who are radicalised, often online, but have no formal links to more established groups. Although a truce has come into effect in Gaza, both sides have said the war is far from over.
Persons: Gonzalo Fuentes, radicalised, Mark Rowley, al, Jochen Kopelke, It's, Kopelke, Israel, Peter Knoope, Knoope, Iman Atta, Germany's Kopelke, influencers, Europol, Thomas Renard, Juliette Jabkhiro, Angelo Amante, Johan Ahlander, Phil Blenkinsop, Timothy Organizations: REUTERS, Reuters, London, British, Islamic State, Islamic, WOLVES Security, Hamas, Dutch National, International Centre for, Timothy Heritage, Thomson Locations: Paris, France, BERLIN, Israel, Britain, Germany, Russia, China, Iran, Gaza, Iraq, Europe, Belgium, Austria, Slovenia, Bosnia, Herzegovina, Italy, al Qaeda, Islamic State, Qaeda, Afghanistan, Syria, United States, British, al, West
European countries tighten borders
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +5 min
These countries have reinstated stricter checks:* Austria introduced checks at its border with the Czech Republic in October, set to last until Dec. 6. * Denmark in August tightened border control for arrivals, including those from Schengen countries, at Copenhagen airport to boost security after incidents of Koran burnings. * Germany announced controls in September on its land borders with Poland, the Czech Republic and Switzerland, set to stay in place until Dec. 4. * Sweden strengthened checks in August on its borders, giving border police more power including body searches and increased use of electronic surveillance. * France as of November reintroduced controls on its borders with Schengen members, citing what it called terrorism threats.
Persons: Fabrizio Bensch, Berlin, Matteo Piantedosi, Gerald Darmanin, Olivier Sorgho, Stéphanie, Milla Nissi, Frances Kerry Organizations: REUTERS, European, Austria, EU, Kremlin, Thomson Locations: Forst, Germany, Austria, Czech Republic, Slovenia, Hungary, Ukraine, Denmark, Copenhagen, Poland, Switzerland, Berlin, East, Italy, Norway, Slovakia, Sweden, France, Belgian, Brussels, Africa, Croatia, Finland, Russia, Helsinki, Moscow, Gdansk
Austria's Wiesberger rejoins DP World Tour after LIV spell
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
Aug 12, 2023; Bedminster, New Jersey, USA; Bernd Wiesberger plays his shot from the third tee during the second round of the LIV Golf Bedminster golf tournament at Trump National Bedminster. Wiesberger, an eight-time winner on the European tour, left to join LIV in 2022. The 38-year-old lost his contract after finishing 41st in the individual standings in the 2023 LIV season and became a free agent. The DP World Tour said Wiesberger had fulfilled all sanctions imposed on him for competing in the rival tour. "Consequently, his request for reinstatement has been granted by DP World Tour Chief Executive Keith Pelley, in accordance with the procedure set out in the Members' Regulations," the DP World Tour said in a statement.
Persons: Bernd Wiesberger, Vincent Carchietta, LIV, Wiesberger, Keith Pelley, Aadi Nair, Ken Ferris Organizations: Bedminster, Trump National Bedminster, DP, Thomson Locations: Bedminster , New Jersey, USA, Austrian, Saudi Arabia, Bengaluru
Participants' brain and heart readings indicated that videoconferencing caused higher levels of fatigue, sadness, and inattentiveness than did in-person lectures. What sets their findings apart, they added, is that past research on Zoom fatigue has been dependent on participants self-reporting their level of exhaustion in questionnaires. AdvertisementFor example, a 2021 study by Gothenburg and Stanford researchers that involved over 2,700 respondents found that longer Zoom meetings weren't the only causes of fatigue. However, Zoom fatigue may not be as widespread as it seems. A Pew Research Center study surveying 10,000 workers in October 2020 found that fewer than four in 10 said they were worn out by videoconferencing.
Persons: , they've, Rene Riedl Organizations: Service, University of Applied Sciences Upper, Stanford, Pew Research Center Locations: University of Applied Sciences Upper Austria, Gothenburg
OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts. "The postponement of the meeting also shows there are some different views among the group participants." A view of logo of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, June 2, 2023. Saudi Arabia, Russia and other OPEC+ members have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022. This figure includes a 1 million bpd voluntary reduction by Saudi Arabia and a 300,000 bpd cut in Russian oil exports, both of which last until the end of 2023.
Persons: Giovanni Staunovo, Brent, Leonhard Foeger, Alexander Novak, Prince Abdulaziz bin Salman, Helima Croft, Croft, Nadine Awadalla, Nayera Abdalla, Ahmad Ghaddar, Vladimir Soldatkin, El, Alex Lawler, Jason Neely, Mark Potter, Kirsten Donovan, Deepa Babington Organizations: Oil, DUBAI, Organization of, Petroleum, REUTERS, Russian, Saudi Energy, OPEC, RBC Capital, Bloomberg News, Thomson Locations: LONDON, OPEC, Angola, Nigeria, Congo, Russia, Vienna, Austria, OPEC's Vienna, Saudi Arabia
“We have seen an alarming increase in disinformation and hate speech on several social media platforms in recent weeks,” Johannes Bahrke, a European Commission spokesperson, said Friday. That means, should the European Commission find that X has broken DSA rules, the company could be fined as much as $180 million. So far, only two states, Italy and Hungary, have done so, a commission spokesperson told CNN. The European Commission, which recently sounded the alarm on a sharp rise in antisemitism in Europe, has so far stopped short of criticizing Musk directly. A commission spokesperson declined to comment to CNN on Musk’s X post from last Wednesday.
Persons: ” Johannes Bahrke, Bahrke, X, TikTok, , Musk, hasn’t, Andrew Bates, , Ferda, Ataman, Musk ”, Sandra Wachter, ” Wachter Organizations: London CNN, Elon Musk’s, Twitter, European Commission, Commission, Hamas, Facebook, Social, Digital Services, DSA, CNN, Disney, Paramount, Musk’s, White, European, Discrimination Agency, , Oxford Internet Institute Locations: Israel, Italy, Hungary, Gaza, Pittsburgh, Europe, Germany, Spain, Austria, , Federal
A view of logo of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, June 2, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsSummary OPEC+ had been scheduled to meet on SundayOil drops almost 5% as delay raises questions about output cutsDelay shows there are some different views in group - analystDUBAI/LONDON, Nov 22 (Reuters) - OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to Nov. 30 from Nov. 26, OPEC said in a statement on Wednesday, a surprise development that sparked a further drop in oil prices. The delay to the meeting into next week might be to allow more time for countries to discuss both compliance with existing output cuts and potential additional cuts, an OPEC+ source said, declining to be named. Saudi Arabia, Russia and other OPEC+ members have already pledged oil output cuts of about 5 million barrels per day (bpd), or about 5% of daily global demand, in a series of steps that started in late 2022. This figure includes a 1 million bpd voluntary reduction by Saudi Arabia and a 300,000 bpd cut in Russian oil exports, both of which last until the end of 2023.
Persons: Leonhard Foeger, Giovanni Staunovo, Brent, Helima Croft, Nadine Awadalla, Nayera Abdalla, Ahmad Ghaddar, Vladimir Soldatkin, El, Alex Lawler, Jason Neely, Mark Potter, Kirsten Donovan Organizations: Organization of, Petroleum, REUTERS, Sunday, DUBAI, RBC Capital, Bloomberg News, Thomson Locations: Vienna, Austria, LONDON, Russia, OPEC, OPEC's Vienna, Saudi Arabia
The US is among countries arguing against new laws to regulate AI-controlled killer drones. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe deployment of AI-controlled drones that can make autonomous decisions about whether to kill human targets is moving closer to reality, The New York Times reported. Lethal autonomous weapons, that can select targets using AI, are being developed by countries including the US, China, and Israel. AdvertisementFrank Kendall, the Air Force secretary, told The Times that AI drones will need to have the capability to make lethal decisions while under human supervision.
Persons: Critics, , Israel —, Alexander Kmentt, Kathleen Hicks, Army's, We'll, Frank Kendall Organizations: Service, New York Times, UN, Times, Defense, PLA, Reuters, Air Force, Pentagon Locations: China, Israel, Russia, Australia, Ukraine
Austria outclass Euro 2024 hosts Germany in 2-0 win
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +2 min
VIENNA, Nov 21 (Reuters) - Austria outplayed a toothless Germany to win 2-0 in their friendly on Tuesday, ending their year on a high while piling more pressure on the embattled Euro 2024 hosts who had Leroy Sane sent off early in the second half. Marcel Sabitzer's low drive in the 29th minute put the dominant hosts, who have qualified for the Euros, in front with Germany posing no threat in attack and needing 32 minutes for their first shot on goal. Austria shot out of the blocks and overwhelmed the error-prone Germans with a high-pressing game. While the hosts carved out several chances, including a golden opportunity for Michael Gregoritsch who failed to beat Trapp when one-on-one, Germany had to wait 32 minutes for their first effort towards goal. Germany's disappointing evening was complete when Baumgartner added a second goal, with Austria missing more chances late in the game.
Persons: Leroy Sane, Marcel Sabitzer's, Austria's Christoph Baumgartner, Kevin Trapp, Julian Nagelsmann, Nagelsmann, Michael Gregoritsch, Trapp, Thomas Mueller, Sane, Phillipp, Baumgartner, Karolos, Toby Davis Organizations: Thomson Locations: VIENNA, Austria, Germany, Turkey
Handout via REUTERS/File photo Acquire Licensing RightsSummaryCompanies Ozempic shortages expected throughout 2024Victoza shortages expected until at least Q2 2024Diabetes drug Ozempic used 'off label' to treat obesityNov 21 (Reuters) - Novo Nordisk (NOVOb.CO) will ration starter kits of Ozempic in Europe and reduce supplies of another diabetes drug, Victoza, to prioritise producing Ozempic, which has seen a surge in demand from people using it to lose weight. Ozempic contains semaglutide, an ingredient in Novo's hugely popular anti-obesity drug Wegovy. Intermittent Ozempic shortages are expected throughout 2024, while Victoza shortages are expected at least until the second quarter of 2024, according to the statement on the EMA's website. "No new patients should be started on Victoza until at least Q2 2024 when supply is expected to normalise," Novo urged doctors in the document. It also told doctors to consider other injectable GLP-1 drugs or "other suitable alternatives" where Ozempic or Victoza are not available for patients.
Persons: Ozempic, hasn't, Novo, Eli Lilly's, tirzepatide, Ludwig Burger, Eva Mathews, Emelia Sithole, Mark Potter Organizations: Handout, REUTERS, Diabetes, Novo Nordisk, European Medicines Agency, EU, Thomson Locations: Novo, London, Britain, Europe, Danish, United States, France, Austria, Belgium, Germany, Wegovy, Norway, Denmark, EU
Youngest brother Ted Kennedy was elected to John F. Kennedy's former Senate seat in Massachusetts. Ted Kennedy became a revered liberal voice and legislator, while Shriver was chosen as George McGovern's running mate in their unsuccessful 1972 presidential campaign. The last of President Kennedy's surviving siblings, former U.S. ambassador to Ireland Jean Smith, died in 2020. Robert F. Kennedy's widow, Ethel, is in her 90s and rarely comments publicly. Starting in 1968, after the assassination of Robert Kennedy, Ted Kennedy was the family's standard bearer and chosen orator.
Persons: — Patrick Kennedy, Sen, Ted Kennedy, John F, Kennedy, , Republican David Dumas, , Patrick Kennedy, President Kennedy, Robert F, Kennedy Jr, Kerry Kennedy, Jack Schlossberg, , Thurston Clarke, Robert . “, Clarke, Robert Kennedy Jr, Patrick, John Francis “ Honey Fitz ” Fitzgerald, JFK's, Robert Kennedy, Sargent Shriver, Stephen Smith, Jacqueline Kennedy's, Shriver, George McGovern's, Joseph Kennedy II, Robert's, Kathleen Kennedy Townsend, Arnold Schwarzenegger, Maria Shriver, Caroline Kennedy, Hillary Clinton, Clinton, Barack Obama, David Paterson, Sean Wilentz, ” Patrick Kennedy, Amy, , Richard Goodwin, Kennedy's, Ireland Jean Smith, Ethel, Caroline’s, Obama, Biden, Julian E, Zelizer, Robert, Robert Jr, ” Robert F, Caroline, Joseph Kennedy III, Victoria Reggie Kennedy, Ted Kennedy's, ” Timothy Shriver, Eunice Shriver, Kerry's, Rory Kennedy, Larry Sabato, hasn’t, “ I've Organizations: Republican, JFK, Boston Mayor, Peace Corps, White House, Senate, New York Gov, White, RFK Jr, Progress, Mental Health, RFK Human Rights Locations: Rhode Island, Massachusetts, Maryland, U.S, Ireland, Japan, Australia, Northern Ireland, Austria, Mississippi, Iraq
He said the EU had to show "more empathy" for the loss of Palestinian civilian lives in Israel's war against Hamas, launched in response to the deadly Oct. 7 cross-border assault by the Palestinian militant group. On the trip, which ended on Monday evening, Borrell heard Arab leaders and Palestinian civil society activists complain that the 27-nation EU was not applying the same standards to Israel's war in Gaza that it applies to Russia's war in Ukraine. EUROPE STRUGGLESAs High Representative for foreign policy, Borrell is charged with crafting common positions among EU members. It has largely limited itself to support for Israel's right to defend itself within international law and calls for pauses in fighting. Borrell, a veteran Spanish Socialist politician, last month declared that some of Israel's actions contravened international law - to the annoyance of some EU member countries.
Persons: Josep Borrell, Defence Margarita Robles, Isabel Infantes, Kibbutz Be'eri, Borrell, Israel's, Andrew Gray, John Irish, Alexandra Hudson Organizations: EU, Representative, Foreign Affairs, Defence, REUTERS, Palestinian, European Union, Ukraine, Hamas, Reuters, West Bank, United Nations, Spanish Socialist, Alexandra Hudson Our, Thomson Locations: Toledo, Spain, Ukraine, BRUSSELS, Israel, Gaza, Palestinian, Kibbutz, Bahrain, Qatar, Jordan, EU, United States, East, Germany, Austria, Czech Republic, Hungary, Ireland, Belgium, France, Spanish
ECB says property slump could last years in threat to lenders
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +4 min
An ECB report which examines threats to financial stability underscored heightened concern over a property boom that is now unravelling in countries such as Germany and Sweden. Commercial property prices have been hit by economic weakness and high interest rates over the last year, challenging the sector's profitability and business model, the ECB said. The sector is not big enough to create a systemic risk for lenders, but could increase shocks across the financial system and greatly impact the financial firms, from investment funds to insurance firms, collectively known as shadow banks. The ECB issued its report as deep cracks emerged in the property market of the euro zone's top economy, Germany. Commercial real estate transactions were down 47% in the first half of 2023, compared with the same period in 2022.
Persons: René Benko, Banks, Balazs Koranyi, John O'Donnell, Barbara Lewis, Alexander Smith Organizations: European Central Bank, ECB, Signa, Chrysler, Signa Group, Reuters, Raiffeisen Bank, Bank, Thomson Locations: FRANKFURT, Germany, Sweden, Austrian, Hamburg, Austria, Bank Austria
CNN —After more than three years of going missing from world soccer, North Korean striker Han Kwang Song has reappeared, playing for his country in two recent World Cup qualifiers and scoring in the 6-1 win over Myanmar on Tuesday. Attempting to qualify for the World Cup for a third time, North Korea lost 1-0. The North Korea football federation, the Asian Football Confederation and world soccer governing body FIFA didn’t respond to CNN’s request for comment on Han’s return to international football. The return of the North Korean wunderkind has surprised soccer pundits and fans, who worried about his safety and promising career being cut short. The Covid-19 pandemic led to North Korea fully sealing its borders, making it impossible for Han and fellow repatriated North Korean nationals to return home.
Persons: Han Kwang, Han, Duhail, , Korean wunderkind, Max Canzi, ” Canzi, Han’s, Nicholas Pennington, Kwang, Choe, Pölten, Alberto Mier, Qatar’s, , Kim Jong, Kim, Tullio M Organizations: CNN, North, Myanmar, North Korean, Qatar, Al, Asian Football Confederation, FIFA, Korean, Serie, CNN Sport, Syria, Cagliari, Austria’s SKN, Italy’s, UN, Juventus, United Nations Security Council, Qatar Stars, Qatar Stars League, UNSC, Qatar Airways, Perugia, Getty, Tokyo, Beijing Winter Games, International Olympic Committee Locations: North Korean, Syria, Saudi Arabian, Jeddah, North Korea, Yangon, Rome, Qatar, Korean, Pyongyang, Myanmar, Austria’s SKN St, Arezzo, Qatari, Korea, Ahli, Doha, Puglia, Beijing, Asia
A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) on their headquarters in Vienna, Austria, June 2, 2023. The conflict has led many analysts, oil market watchers and politicians to draw parallels with the 1973 OPEC embargo, when Arab oil producers cut off oil exports to several allies of Israel, including the United States and Britain, following the Israeli-Arab war that year. Analysts and OPEC sources, however, say that the energy world today is far different from 50 years ago, and play down any possibility of a new embargo. Last month, Iranian Foreign Minister Hossein Amirabdollahian urged members of the Organisation of Islamic Cooperation (OIC) to impose an oil embargo and other sanctions on Israel and expel all Israeli ambassadors. The embargo led to severe shortages with long queues forming at gas stations.
Persons: Leonhard Foeger, Israel, Hossein Amirabdollahian, Ayatollah Ali Khamenei, Ebrahim Raisi, JPM Morgan, Giovanni Staunovo, Morgan Bazilian, Mark Heinrich, Jason Neely Organizations: Organization of, Petroleum, REUTERS, Hamas, of, Reuters, Iranian, of Islamic Cooperation, OIC, Arab, Israel, GCC, Gulf Cooperation, UBS, Payne Institute, Thomson Locations: Vienna, Austria, Gaza, Iran, Israel, United States, Britain, Russia, OPEC, Riyadh, Saudi Arabia, Netherlands, Japan, U.S, Asia, China, India
The logo of Raiffeisen Bank International (RBI) is seen at its headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsVIENNA, Nov 21 (Reuters) - Raiffeisen Bank International (RBI) (RBIV.VI) has realized additional forward-looking risk provisions of around 150 million euros ($163 million) for the real estate sector, the Austrian bank's risk chief, Hannes Moesenbacher, said on Tuesday. Chief Executive Johann Strobl added that these provisions are "on top" and therefore go beyond what can be modelled. "In total, our top five commitments in the real estate sector amount to 2.2 billion euros," said Moesenbacher, who added that number one position amounted to 755 million euros. At its general meeting in March, RBI had decided not to distribute a dividend for the time being due to uncertainties.
Persons: Leonhard Foeger, Hannes Moesenbacher, Johann Strobl, Moesenbacher, Rene Benko, Strobl, Alexandra Schwarz, Miranda Murray, David Evans Organizations: Raiffeisen Bank, REUTERS, Rights, Signa Group, RBI, Thomson Locations: Vienna, Austria, Austrian, Russia
Brent crude futures climb over 2% to gain $2
  + stars: | 2023-11-20 | by ( Erwin Seba | ) www.reuters.com   time to read: +3 min
Brent crude futures were up $2.00 to $82.61 a barrel by 9:39 a.m. CDT (1539 GMT). Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. "If additional cuts are agreed, a short-term price boost is expected, but its longer-term price impact seems dubious as enforcement and adherence will be the salient issue." Investors are also keeping an eye on Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India. The number of oil and gas rigs operated by U.S. companies rose last week, the first gain in three weeks, energy services business Baker Hughes said on Friday.
Persons: Leonhard Foeger, WTI, Tamas Varga, Sokol, Baker Hughes, Erwin Seba, Paul Carsten, Florence Tan, Emily Chow, David Goodman, Ed Osmond Organizations: REUTERS, Brent, . West Texas, Reuters, of, Petroleum, Moscow, IIR Energy, Thomson Locations: Vienna, Austria, HOUSTON, Russia, Brent, Washington, India, U.S, East, Gaza, Houston
Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. "In light of last week's obliteration of oil bulls, some kind of response was forthcoming from the (OPEC) producer group," said Tamas Varga of oil broker PVM. Investors are also keeping an eye on Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India. U.S. energy companies last week added oil and gas rigs for the first time in three weeks, energy services business Baker Hughes said on Friday. The oil and gas rig count serves as an early indicator of future output.
Persons: Leonhard Foeger, Brent, WTI, Tamas Varga, Sokol, Baker Hughes, Paul Carsten, Florence Tan, Emily Chow, David Goodman Organizations: REUTERS, . West Texas, Reuters, of, Petroleum, Moscow, IIR Energy, Thomson Locations: Vienna, Austria, Israel, Russia, Brent, Washington, India, U.S, East, Gaza, London
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