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☆ Airbus nears decision on new planemaking leadership - sources
▼ + stars: | 2023-09-15 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

[1/2] An Airbus logo is pictured at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. Industry sources said a final decision on the shake-up was likely in coming weeks, capping weeks of speculation after Reuters reported the looming reorganisation in July. Airbus Helicopters CEO Bruno Even had earlier been cited as a possible candidate for the top planemaking role. But the focus of speculation has widened to Chief Commercial Officer Christian Scherer, a veteran of the Airbus planemaking business who has also had stints at the Defence division and in running turboprop joint-venture ATR, industry sources said. His appointment would herald broad continuity at the company's main planemaking business, which accounts for most of the company's revenue.

Persons: Benoit Tessier, Christian Scherer, Guillaume Faury, Bruno, Scherer, Tim Hepher, Louise Heavens Organizations: Airbus, Paris, REUTERS, Rights, Industry, Reuters, Airbus Helicopters, Defence, France, Jefferies, Bombardier, Pratt, Whitney, Airbus Defence & Space, Military Air Systems, FCAS, Thomson Locations: Le Bourget, Paris, France, Ukraine, Germany, United States

☆ Unions call for one-day strike at Stellantis' Melfi plant in Italy over new models
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

A Stellantis sign at the entrance of the carmaker's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsMILAN, Sept 15 (Reuters) - Unions called for a one-day strike at Stellantis' (STLAM.MI) Melfi plant in southern Italy on Sept. 18 over lack of new details by the carmaker about its future production there, UILM, FIM-CISL, Fismic and Uglm said on Friday. The Franco-Italian group in June said it planned to produce five new models in Melfi - where it employs more than 5,000 workers - with the fifth one "subject to performance improvement". Marco Lomio, the local head of UILM, said Melfi workers are called to an 8 hour strike on each of Monday's three scheduled shifts, with a total halt of the facility on that day. The strike is not related to the ongoing action by United Auto Workers in the U.S. at three factories owned by General Motors (GM.N), Ford Motor (F.N) and Chrysler parent Stellantis.

Persons: Pascal, Melfi, Uglm, Marco Lomio, Stellantis, Giulio Piovaccari, Federico Maccioni, Louise Heavens Organizations: REUTERS, United Auto Workers, General Motors, Ford Motor, Chrysler, Thomson Locations: Hordain, France, Italy, Italian, Melfi, U.S

REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsLONDON, Sept 15 (Reuters) - Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. Blockchain research firm Elliptic said that "a number of factors" indicate that the Lazarus Group - a hacker group associated with North Korea - was responsible for the attack. Another blockchain research firm, Chainalysis, told Reuters on Thursday it had "medium-high confidence" that North Korea was behind the attack. North Korea stepped up its cryptocurrency theft last year, using sophisticated techniques to steal more in 2022 than any other year, according to a United Nations report. Sanctions monitors have previously accused North Korea of using cyberattacks to help fund its nuclear and missile programs.

Persons: Kacper, CoinEx, Chainalysis, Elizabeth Howcroft, Raphael Satter, Louise Heavens Organizations: REUTERS, Lazarus, Reuters, Lazarus Group, United Nations, United, Thomson Locations: North Korea, Hong Kong, New York, United Nations, Korea

The Japanese conglomerate put in its offer to the European Commission on Thursday, the same day it requested EU clearance for the deal, an EU regulatory filing showed on Friday. The EU competition enforcer, which set a Nov. 6 deadline for its decision, did not provide details of the remedies in line with its policy. The company had sought EU approval in October last year but withdrew its application a month later. The deal underscores the consolidation in the rail industry, with independent players teaming up with bigger industrial groups. The Competition and Markets Authority (CMA) in August narrowed its concerns, saying the deal would not substantially lessen competition in the supply of communications-based train control signalling systems in the UK.

Persons: Arnd, Foo Yun Chee, David Evans, Louise Heavens Organizations: Hitachi, REUTERS, Companies Hitachi Ltd, Thales, Follow, European, UK Competition, Markets Authority, EU, Thomson Locations: Zurich, Switzerland, France, Germany

View of the Ocean Explorer, a luxury cruise ship carrying 206 people that ran aground, in Alpefjord, Greenland, September 13, 2023. Danish Air Force/Arctic Command/Handout via REUTERS/File photo Acquire Licensing RightsCOPENHAGEN, Sept 14 (Reuters) - A luxury cruise ship that ran aground this week in a remote part of Greenland with 206 people on board was pulled free by a fishing trawler on Thursday. The Ocean Explorer cruise vessel had been stuck since Monday in mud and silt in the Alpefjord national park, some 1,400 km (870 miles) northeast of Greenland's capital Nuuk. The Ocean Explorer leaned to the side during the operation and passengers were not allowed to go outside, Hill said. Sydney-based Aurora Expeditions, which chartered the ship and organised the cruise, did not immediately respond to a request for comment.

Persons: Gina Hill, Hill, SunStone, Essi Lehto, Louise Breusch Rasmussen, Terje Solsvik, Mark Porter Organizations: Danish Air Force, Arctic Command, REUTERS, Rights, Reuters, Maritime Group, Aurora Expeditions, Thomson Locations: Alpefjord, Greenland, Rights COPENHAGEN, Greenland's, Nuuk, Danish, Sydney, Denmark

☆ Aaron Rodgers’s Season Is Over. What About His Career?
▼ + stars: | 2023-09-13 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/football/aaron-rodgers-achilles-tear-new-york-jets-d1ba6a2f

Persons: Dow Jones, aaron, rodgers

☆ EU to investigate 'flood' of Chinese electric cars, weighing tariffs
▼ + stars: | 2023-09-13 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +6 min

"Global markets are now flooded with cheaper electric cars. It is also unusual in that it is brought by the European Commission itself, rather than in response to an industry complaint. GRINDING GEARSThe influx of cheaper Chinese electric vehicles has already prompted some European carmakers to take action. At the same time Von der Leyen stressed the importance of electric vehicles to the EU's ambitious environmental objectives. The founder of Nio warned in April that Chinese EV makers should brace for the possibility that foreign governments would impose protectionist policies.

Persons: Ursula von der Leyen, BYD, EVs, Nio, Mercedes Benz, Stellantis, France's, Tesla, VDA, Von der Leyen, Simone Tagliapietra, Kingsmill Bond, Foo Yun Chee, Philip Blenkinsop, Kim Miyoung, Brenda Goh, Anne Marie Roantree, Nick Carey, Kate Abnett, Gabriela Baczynska, Louise Heavens Organizations: EU, Investigation, European EV, European Commission, European Union, Renault, BMW, HK, China Passenger Car Association, Dynamics, Volvo, EV, VW, France's Renault, Japan, Rocky Mountain Institute, Thomson Locations: BRUSSELS, Brussels, China, Moscow, Ukraine, Germany, France, Europe, U.S

☆ Hungary signals national ban on Ukrainian grain imports beyond Sept 15
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBUDAPEST, Sept 13 (Reuters) - Hungary has agreed with Romania, Slovakia and Bulgaria to impose bans on Ukrainian grain imports to protect their markets if the EU does not extend a ban that expires on Sept. 15, Hungary's farm minister said on Wednesday. On Tuesday, a parliamentary committee adopted a draft decision for Bulgaria to lift the ban on Ukrainian imports of certain products after Sept. 15. As a result, farmers in neighbouring states - Poland, Hungary, Romania, Bulgaria and Slovakia - have faced increased competition and bottlenecks in their own markets. The European Commission announced "temporary preventive measures" in May that would ban sales into Poland, Hungary, Romania, Bulgaria and Slovakia while allowing transit to non-EU markets, mainly in Africa. The EU agriculture commissioner said on Tuesday he believes the European Commission should extend its temporary ban on Ukraine imports into these five states as the measure helped boost exports outside the bloc.

Persons: Dado Ruvic, Nikolay Denkov, Denkov, Agriculture Istvan Nagy, Nagy, Krisztina, Louise Heavens, David Holmes Organizations: REUTERS, Rights, Bulgarian, Agriculture, Romanian, European Commission, Thomson Locations: Hungary, Romania, Slovakia, Bulgaria, Bulgarian, Ukraine, Russia, Poland, Hungarian, Slovak, Brussels, EU, Africa

☆ Berlin blocks complete takeover of satellite startup by Chinese firm - sources
▼ + stars: | 2023-09-13 | by ( Andreas Rinke | ) www.reuters.com time to read: +2 min

BERLIN, Sept 13 (Reuters) - The German government on Wednesday forbid the complete takeover of satellite startup KLEO Connect by a Chinese firm, two government sources told Reuters. The cabinet agreed a decision by the economy ministry not to let Shanghai Spacecom Satellite Technology, which already has 53% of the company, acquire the 45% minority stake of German company EightyLeo, according to the sources. Berlin last November blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing. The United states and the European Commission had also warned against the deal that had been long in the pipeline, according to sources and media reports. Reporting by Andreas Rinke; Writing Sarah Marsh; Editing by Friederike Heine and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon Musk, Chancellor Olaf Scholz, Andreas Rinke, Sarah Marsh, Friederike Heine, Louise Heavens Organizations: Wednesday, Reuters, Shanghai, Satellite Technology, KLEO Connect, SpaceX, HK, United, European Commission, Thomson Locations: Ukrainian, Sevastopol, Germany, China, Berlin, Beijing, Hamburg

Still, oil demand at the world's biggest oil importer has so "far remained remarkably unaffected by its economic downturn", the IEA said. Estimates of global demand and supply this year and next differ markedly depending on the forecaster. The IEA estimates 2023 global demand to grow by 2.2 million bpd, while OPEC expects growth of 2.44 million bpd. The IEA expects growth to slow sharply to 1 million bpd, while OPEC has a far rosier estimate of 2.25 million bpd. Meanwhile, the U.S government's Energy Information Administration has forecast demand growth at 1.81 million bpd for 2023 and 1.36 million bpd next year.

Persons: Jean, Paul Pelissier, Tamas Varga, PVM, Natalie Grover, Alex Lawler, Louise Heavens, Jason Neely Organizations: REUTERS, Rights Companies, Rights Companies Danang Petroleum Machinery Technology JSC, International Energy Agency, OPEC, Brent, IEA, U.S government's Energy, Administration, Thomson Locations: Marseille, France, Rights Companies Danang, Saudi Arabia, Russia, OPEC, United States, Brazil, Iran, China, Asia, Africa, Latin America, London

☆ EU's von der Leyen pledges more support for wind industry
▼ + stars: | 2023-09-13 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

[1/2] European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023. We will focus on skills, access to finance and stable supply chains," von der Leyen said in a speech to the European Parliament on Wednesday. But Europe's offshore wind power industry has warned governments it is not big enough to deliver green power goals and requires a jump in policy support to get on track - particularly if new wind farms are to be manufactured in Europe. "The future of our clean tech industry has to be made in Europe," von der Leyen said. Von der Leyen vowed to "stay the course" on Europe's green agenda, promising talks with industries - including agriculture - concerned about their role in the green transition.

Persons: Ursula von der Leyen, Yves Herman Acquire, von der Leyen, Eurelectric, von der, Von der Leyen, Kate Abnett, Gabriela Baczynska, Louise Heavens Organizations: European, European Union, REUTERS, Renewables, Energy, Thomson Locations: Strasbourg, France, Europe, BRUSSELS, EU

STAVANGER, Norway (AP) — The Norwegian king’s eldest child, Princess Märtha Louise, will marry her Hollywood partner, the self-professed shaman Durek Verrett, next summer, the couple announced Wednesday. The Norwegian princess can trace her ancestry back to Britain’s Queen Victoria. The couple, who toured the country in 2019 as “The Princess and The Shaman,” have created waves in Norway with their alternative beliefs. The wedding will take place on Aug. 24 in Geiranger, prized for its typical Norwegian scenery among mountains and fjords. Although Princess Märtha Louise is the first child of King Harald V, her brother, Crown Prince Haakon, who is two years younger than her, will succeed his father as king.

Persons: Princess Märtha Louise, Durek Verrett, King Harald V, “, ” Verret, Victoria, Märtha Louise, Norway’s, Crown Prince Haakon, wasn't, Haakon, Princess Ingrid Alexandra, ___ Jan M, Olsen Organizations: NRK Locations: STAVANGER, Norway, Norwegian, California, Geiranger, Bergen, Copenhagen, Denmark

☆ VIEW Reactions to EU probe of Chinese electric cars imports
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +6 min

EUROPEAN COMMISSION PRESIDENT URSULA VON DER LEYEN"Global markets are now flooded with cheaper electric cars. "So I can announce today that the Commission is launching an anti-subsidy investigation into electric vehicles coming from China. UK TRADE MINISTER KEMI BADENOCH"I think it just highlights the difficulties that all countries are having with the supply chain for electric vehicles. "China's apparent advantage and cost-competitive imports are already impacting European auto makers' domestic market share, with a massive surge in electric vehicle imports in recent years. At the same time, the US Inflation Reduction Act (IRA) is also a game-changer in the electric vehicle value chain.

Persons: Annegret, URSULA VON DER, LAURENCE BOONE, BRUNO LE MAIRE, Von der, KEMI BADENOCH, MATTEO SALVINI, SIGRID DE VRIES, AIWAYS, ALEXANDER KLOSE, Aiways, KINGSMILL, they've, They've, STUART COLE, AJ BELL, DANNI HEWSON, Josephine Mason, Catherine Evans, Louise Heavens Organizations: REUTERS, European Commission, European Union, FRENCH FINANCE, EU, League, GENERAL, Volkswagen, BMW, Tesla, INSTITUTE SENIOR, CITI, Reuters, Thomson Locations: Berlin, Germany, China, Europe, Brussels

☆ Barclays cutting around 450 staff, UK trade union says
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

Barclays Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Sept 12 (Reuters) - A British union that represents workers at Barclays (BARC.L) said on Tuesday that the bank was cutting around 450 staff, as the lender cuts costs as it weighs a wider strategy overhaul. The Unite trade union said its members were informed by the bank of the decision. Venkatakrishnan is separately embarking on a wider strategy review, amid some investor dissatisfaction at the bank's underperformance relative to Wall Street investment banks. Reporting by Iain Withers and Muvija M; editing by William James; Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Dominic Hook, Venkatakrishnan, Iain Withers, Muvija, William James, Louise Heavens Organizations: Barclays Bank, REUTERS, Barclays, Reuters, C.S, Thomson

The Holbrooke award, named for the late U.S. diplomat, is presented by the Ohio-based Dayton Literary Peace Prize Foundation. In 1995, Holbrooke helped broker the Dayton Peace Accords that ended the Bosnian War, a conflict Cisneros has thought of often. Civilians and unborn generations ever after suffer with the shrapnel of that conflict embedded in their psyche like hidden landmines. I just returned from Sarajevo, and I know this is true,” Cisneros said in a statement. Previous recipients of the Holbrooke award include Elie Wiesel, Margaret Atwood and Louise Erdrich.

Persons: Sandra Cisneros, Richard C, Holbrooke, ” Cisneros, Alfredo Cisneros, Cisneros, “, Carla Hayden, Elie Wiesel, Margaret Atwood, Louise Erdrich Organizations: Macondo Foundation, Moral Foundation, Dayton, Dayton Peace Accords Locations: Mango, U.S, Ohio, Dayton, Bosnian, Sarajevo

☆ 'Coco' Chanel's influential fashion on show at London exhibit
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] A photographic portrait of Gabrielle Chanel by Man Ray (1935) is seen during the No. Opening at the V&A museum on Saturday, "Gabrielle Chanel. Fashion Manifesto" is the first British exhibition dedicated to the designer's creations and longstanding influence on fashion. Her famed tweed suits, loose fitting and low-waisted dresses and dazzling evening gowns are among the outfits on display. Her designs, accessories and perfumes, particularly Chanel No.5, were hits and today the Chanel fashion house, founded in 1910, remains one of the world's most famous luxury brands.

Persons: Gabrielle Chanel, Man Ray, Benoit Tessier, Gabrielle, Coco, Chanel, Connie Karol Burks, Karl Lagerfeld, Virginie Viard, Marie, Louise Gumuchian, Rosalba O'Brien Organizations: Palais, REUTERS, Reuters, Thomson Locations: Paris, London

☆ Sweden to consider sending fighter jets to Ukraine, SR radio reports
▼ + stars: | 2023-09-12 | by ( Louise Rasmussen | ) www.reuters.com time to read: +1 min

[1/2] Sweden's jet fighter JAS 39 Gripen E flies over the Gotland island in the Baltic Sea, May 11, 2022. TT News Agency/Henrik Montgomery via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Sept 12 (Reuters) - The Swedish government is considering donating Gripen fighter jets to Ukraine to help it fight Russia, Swedish public radio (SR) reported on Tuesday, citing unnamed sources. The government wants to know, among other things, how a handover would affect Sweden's defence capabilities and how quickly Sweden could get new Gripen fighters, SR reported. The Netherlands and Denmark have led a push to supply Ukraine with U.S.-made F-16 fighter jets to help counter Russia's air superiority in the war. According to the SR report, Ukraine hopes to receive one division of Gripen jets, made by Sweden's Saab <SAABb.ST>, or 16-18 planes.

Persons: JAS, Henrik Montgomery, Sweden's, Gripens, Louise Breusch Rasmussen, Terje Solsvik, Kevin Liffey Organizations: TT News Agency, REUTERS, Rights, Gripen, Sweden's Saab, NATO, Thomson Locations: Gotland, Baltic, Rights COPENHAGEN, Swedish, Ukraine, Russia, Sweden, Netherlands, Denmark, U.S, Turkey, Hungary

A Meta logo is seen on a beach during the Cannes Lions International Festival of Creativity in Cannes, France, June 19, 2023. The authors said in the OpenAI case that works like books and plays are particularly valuable for AI language training as the "best examples of high-quality, long form writing." Meta and OpenAI were also sued for copyright infringement in July by a separate group of authors that includes comedian Sarah Silverman, part of a growing list of copyright cases against AI companies. Meta published a list of datasets used to train its first version of the Llama model, which it released in February. The company did not disclose training data for its latest version, Llama 2.

Persons: Eric Gaillard, Michael Chabon, Chabon, Tony, David Henry Hwang, Matthew Klam, Rachel Louise Snyder, Ayelet Waldman, Meta, Sarah Silverman, Blake Brittain, Katie Paul, David Bario, Daniel Wallis Organizations: Cannes Lions International, Creativity, REUTERS, Meta, Google, Thomson Locations: Cannes, France, San Francisco federal, Washington, New York

☆ The future of abortion rights in Virginia may depend on what voters think of Chaturbate
▼ + stars: | 2023-09-12 | by ( Walt Hickey | ) www.businessinsider.com time to read: +5 min

A Democratic candidate in a key swing district is in the midst of a scandal over previous work in pornography. At least one prominent Virginia politician, Senate President Pro Tem L. Louise Lucas, immediately came to Gibson's defense, blaming operatives working for Virginia's Republican Gov. As it stands, Youngkin has said that it's his mission to implement a 15-week abortion ban in the commonwealth. So far, the only thing standing in his way has been the Virginia State Senate, where Democrats hold a slim 22-18 majority. So it falls to the voters of Short Pump, Virginia, to decide whether performing on Chaturbate is disqualifying for them, even if that means giving the go-ahead to a statewide abortion ban.

Persons: Susanna Gibson, Gibson, Louise Lucas, Glenn Youngkin, Mitt Romney's, Candace Valenzuela, Youngkin, Ballotpedia, Biden Organizations: Democratic, Service, Washington Post, of, Delegates, Conservative, New York Times, Pro Tem, Virginia's Republican Gov, Bain Capital, Black Latina, Virginia State Senate, VCU's Wilder School of Government, Virginians, GOP, Ballotpedia, Democrats Locations: Virginia, Wall, Silicon, Texas, Gibson's, what's, It's

☆ Luxury cruise ship carrying 206 people runs aground in remote Greenland
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, Sept 12 (Reuters) - A luxury cruise ship carrying 206 people has run aground in remote eastern Greenland with the nearest help by sea days away, the Danish military's Joint Arctic Command (JAC) said on Tuesday. The Ocean Explorer ran aground on Monday in Alpefjord in a national park some 1,400 km (870 miles) northeast of Greenland's capital Nuuk, the JAC said in a statement. "A cruise ship in trouble in the national park is obviously a worry. A spokesperson for Australian cruise operator Aurora Expeditions said in an emailed statement everyone on board was safe and well. The Arctic command said it had asked a cruise ship located nearer to the Ocean Explorer to stay in the area so that it would be able to assist in case the situation changes.

Persons: JAC, Brian Jensen, Louise Breusch Rasmussen, Terje Solsvik, Nick Macfie Organizations: Arctic Command, Explorer, Aurora Expeditions, Thomson Locations: COPENHAGEN, Greenland, Danish, Alpefjord, Greenland's, Nuuk

WestRock stockholders will get one share in the new company, called Smurfit WestRock, and $5 in cash for each share they hold, which works out to $43.51 per share, the companies said in a statement. Smurfit Kappa shareholders will receive one new Smurfit WestRock share for each share they hold. That could make the deal more than 20% accretive to Smurfit Kappa's earnings per share, the statement added. Smurfit WestRock will be domiciled in low tax Ireland with its global headquarters in Dublin. Smurfit Kappa will de-list from Euronext Dublin, the latest blow for the Irish bourse as building materials giant CRH prepares to leave later this month.

Persons: WestRock, JP Morgan, Jefferies, Tony Smurfit, Ken Bowles, Irial Finan, Smurfit, Yadarisa, Padraic Halpin, Louise Heavens, Jason Neely Organizations: Kappa, Europe's, JP, Smurfit, Smurfit Kappa, London Stock Exchange, Irish bourse, Thomson Locations: DUBLIN, COVID, South, Central, North America, Europe, Ireland, Dublin, New York, Bengaluru

☆ Denmark to donate military aid package to Ukraine, worth $833 mln
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

Christiansborg Palace is lit in the colours of the Ukrainian flag to show support to Ukraine on the one-year anniversary of Russia's invasion, in Copenhagen, Denmark February 24, 2023. Ritzau Scanpix/Mads Claus Rasmussen via REUTERS Acquire Licensing RightsCOPENHAGEN, Sept 12 (Reuters) - Denmark will donate a package worth 5.8 billion Danish crowns ($833 million) to Ukraine, including tanks, infantry fighting vehicles, tank ammunition and anti-aircraft guns, the ministry of defence said in a statement on Tuesday. The full amount is distributed over three rounds - 4.3 billion this year, 1.4 billion in 2024 and 52 million in 2025, the ministry said. This is the twelfth and largest donation package Denmark has sent to Ukraine since Russia invaded the country in February 2022, the ministry added. ($1 = 6.9626 Danish crowns)Reporting by Louise Breusch Rasmussen, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Ritzau Scanpix, Mads Claus Rasmussen, Lars Løkke Rasmussen, Louise Breusch Rasmussen, Ed Osmond Organizations: REUTERS Acquire, Rights, Thomson Locations: Christiansborg, Ukraine, Copenhagen, Denmark, Rights COPENHAGEN, Russia

☆ TSMC to invest up to $100 mln in Arm Holdings' IPO
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: 1 min

A smartphone with a displayed TSMC (Taiwan Semiconductor Manufacturing Company) logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsTAIPEI, Sept 12 (Reuters) - TSMC (2330.TW), the world's largest contract chipmaker, said it would invest up to $100 million in Arm Holdings Plc's initial public share offering (IPO), it said on Tuesday. The company also agreed to purchase 10% equity interest in IMS Nanofabrication Global, LLC from Intel Corp (INTC.O) for up to $432.8 million, the statement said. Reporting by Meg Shen, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, chipmaker, Meg Shen, Louise Heavens Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Arm Holdings, IMS Nanofabrication, Intel Corp, Thomson Locations: Rights TAIPEI

RICHMOND, Va. (AP) — A Democratic Virginia legislative candidate whose race was rattled by the revelation that she and her husband livestreamed themselves having sex moved forward with her campaign Tuesday and drew some early support in the high-stakes contest. But state Sen. L. Louise Lucas, a leading Democratic lawmaker in Virginia, quickly came to her defense, calling on voters to “make this the biggest fundraising day of (Gibson's) campaign.” Many women voters retweeted Lucas with a link to donate to Gibson's campaign. Linton said she plans to donate another $100 to Gibson's campaign even though she can't vote for her because she lives outside her district. Mark Rozell, dean of George Mason University’s Schar School of Policy and Government, said the sex videos are a huge distraction from Gibson's campaign. But Monica Hutchinson, a legislative coordinator for a youth justice organization, said she supported Gibson before the videos surfaced and she will continue to support her.

Persons: livestreamed, Susanna Gibson, Gibson, Roe, Wade, — Gibson, Sen, Louise Lucas, retweeted Lucas, ”, Amanda Linton, Linton, “ It's, Lucas, “, Glenn Youngkin —, “ Susanna, she’s, Susanna, Lauren Chou, Stephen Farnsworth, University of Mary Washington, it’s, “ Donald Trump, Farnsworth, Mark Rozell, George Mason University’s, Monica Hutchinson, Hutchinson, ” Gibson, ” ___ Barakat Organizations: —, Democratic, Republican, General Assembly, U.S, Washington Post, The Associated Press, Republican Gov, GOP, University of Mary, George Mason University’s Schar, of Policy, Government Locations: RICHMOND, Va, Democratic Virginia, Richmond, U.S ., Virginia, “, Falls Church , Virginia

☆ Intel to sell 10% stake in IMS Nanofabrication to TSMC
▼ + stars: | 2023-09-12 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept 12 (Reuters) - Intel (INTC.O) said on Tuesday it has agreed to sell a stake of about 10% in the IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Co (2330.TW). Intel will retain majority ownership of IMS, and the transaction is expected to close in the fourth quarter. "The investment by TSMC we believe also demonstrates the excitement across the whole semiconductor manufacturing ecosystem for the significant opportunity ahead of IMS," Intel vice president of corporate development Matt Poirier said. Intel is building a contract manufacturing business called Intel Foundry Services that competes with TSMC. Intel sold a 20% stake in IMS earlier this year to Bain Capital at the same valuation.

Persons: Dado Ruvic, Matt Poirier, TSMC, Elmar Platzgummer, Platzgummer, Yuvraj Malik, Max A, Shounak Dasgupta, Louise Heavens, David Evans Organizations: REUTERS, Intel, IMS, Taiwan Semiconductor Manufacturing, Intel Foundry Services, Bain Capital, Thomson Locations: Austrian, EUV, Bengaluru, Max, San Francisco

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