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☆ Inzaghi proud of Inter after Champions League final loss
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: +1 min

ISTANBUL, June 10 (Reuters) - Inter Milan manager Simone Inzaghi expressed his pride at what his team had achieved even though they suffered a bitter loss to Manchester City in the Champions League final on Saturday. "On a night like this, I can’t single players out who played below par. I said yesterday I would not change my players for anyone else, and tonight the world saw why," Inzaghi told Sky Sports Italia. "They showed the whole world how well they stood up to Manchester City, a side that everyone knows has so much quality. "With this spirit, organisation and determination, I think we will be back here again in future," he added.

Persons: Simone Inzaghi, Inzaghi, Tommy Lund, Ed Osmond Organizations: Inter Milan, Manchester City, Champions League, Serie A, Italian, Sky Sports, Thomson Locations: ISTANBUL, Rodri, Gdansk

☆ Jubilant Man City overcome Inter to complete the treble
▼ + stars: | 2023-06-10 | by ( Martyn Herman | ) www.reuters.com time to read: +6 min

[1/17] Soccer Football - Champions League Final - Manchester City v Inter Milan - Manchester City fans at Manchester's 4TheFans Fan Park for the Champions League Final - Manchester, Britain - June 10, 2023 Manchester City fans celebrate after winning the Champions League final Action Images via... Read moreSummary City beat Inter 1-0 to win club's first Champions LeagueRodri scores 68th minute winner for Guardiola's sideVictory completes treble with FA Cup and Premier LeagueISTANBUL, June 10 (Reuters) - Manchester City finally expanded their domestic domination across the continent as they beat Inter Milan 1-0 with a second-half Rodri goal to win the Champions League for the first time and complete a rare treble on a nervous Saturday evening. An eruption of joy greeted the final whistle with City's players sprinting towards their fans in the Ataturk Stadium. It belongs to us," said City manager Pep Guardiola. City may have experienced a horrible sense of deja vu as chief playmaker De Bruyne also failed to finish the final two years ago when City fell short against Chelsea. It was City's night, and the celebrations will be long and loud, while for Inter there was no repeat of their surprise 2010 win over Bayern Munich.

Persons: club's, Ederson, Pep Guardiola, Kevin De Bruyne, De Bruyne, Erling Haaland, Rodri, Guardiola, City's, Sheikh Mansour, Noel, Liam Gallagher, jinx, Simone Inzaghi's, Matteo Darmian, Francesco Acerbi, Alessandro Bastoni, Haaland, Andre Onana, Manuel Akanji, Lautaro Martinez, selfishly, Romelu, Bernardo Silva, Federico Dimarco, Edin Dzeko, Lukaku, Martyn Herman, Ken Ferris, Ed Osmond Organizations: Soccer Football, Manchester City, Inter Milan, Champions, League, City, Inter, FA Cup, Premier League ISTANBUL, Premier League, FA, Champions League, Manchester, Chelsea, BT Sport, Oasis, Real Madrid, Bayern Munich, Roma, Sevilla, Europa League, Fiorentina, West Ham United, Europa Conference, Thomson Locations: Manchester, Britain, Spanish, Barcelona, Real, Liverpool, Porto, Brazilian

☆ Man City and Inter goalless at halftime in Champions League final
▼ + stars: | 2023-06-10 | by ( Martyn Herman | ) www.reuters.com time to read: +1 min

ISTANBUL, June 10 (Reuters) - Favourites Manchester City were being held 0-0 at halftime by Inter Milan in the Champions League final on Saturday as their bid to complete the treble hung in the balance. City, seeking to win the trophy for the first time, were frustrated by the Italians who worked tirelessly to disrupt their rhythm and also caused some problems in attack. City's problems mounted when playmaker De Bruyne was forced off in the 36th minute with a leg injury and was replaced by England midfielder Phil Foden. De Bruyne was also forced off injured when City lost to Chelsea in the final two years ago. Inter, who were facing City for the first time, are bidding to become European champions for the fourth time.

Persons: Erling Haaland, Andre Onana, Kevin De Bruyne's, De Bruyne, Phil Foden, Martyn Herman, Ken Ferris Organizations: Manchester City, Inter Milan, Champions League, City, Chelsea, Inter, Thomson Locations: ISTANBUL, England, City

☆ Manchester City wins Champions League for first time, beating Inter Milan 1-0 in tense Istanbul final
▼ + stars: | 2023-06-10 | by ( Aimee Lewis | ) edition.cnn.com time to read: +7 min

This was not only a night when City won its first Champions League. In beating three-time champion Inter, Pep Guardiola’s side became only the second English team to achieve the treble, winning the Premier League, FA Cup and Champions League in the same season. Rodri pictured scoring the winner which secured City the Champions League trophy. Manchester City has won the Premier League, FA Cup and Champions League this season. Will City dominate the Champions League like it has the Premier League?

Persons: Manchester City’s, Sheikh Mansour bin Zayed Al Nahyan, Pep, Alex Ferguson, Shaun Botterill, Bernardo Silva, Erling Haaland, André Onana, Nicolò Barella, Ederson, Rodri, Federico Dimarco’s, Romelu Lukaku, Catherine Ivill, Sheikh Mansour –, –, ” Guardiola, Guardiola, “, ”, Martin Rickett, Abu, Umit Bektas, Jack Grealish, I’ve Organizations: CNN, Manchester, Abu Dhabi United Group, Champions League, Inter Milan, City, Inter, Premier League, FA, Manchester United, City . Manchester City, League, Monaco, Tottenham, Real Madrid, BT Sport, Inter’s, Etihad, Reuters Locations: Istanbul, Europe, City . Manchester, Liverpool, Lyon, Chelsea, Manchester City, Abu Dhabi, Will City, Barcelona

☆ The Revolution That Transformed Manchester City
▼ + stars: | 2023-06-09 | by ( Joshua Robinson | ) www.wsj.com time to read: 1 min

When the final whistle blows in Istanbul on Saturday night, bringing an end to the Champions League final and Manchester City’s season, manager Pep Guardiola will reach one of the most significant milestones of his career—and it will have nothing to do with the result.

Persons: Pep Guardiola Organizations: Champions League, Manchester Locations: Istanbul

☆ Who is Hafize Gaye Erkan, Turkey's first female central bank chief?
▼ + stars: | 2023-06-09 | by ( Karin Strohecker | ) www.reuters.com time to read: +2 min

LONDON, June 9 (Reuters) - Turkey's new central bank governor Hafize Gaye Erkan faces the tough task of alleviating a bruising cost-of-living crisis while hoping to restore investor confidence at home and abroad after years of unorthodox policymaking. Appointed on Friday, the 43-year old is the first woman at the helm of the country's central bank, taking over from Sahap Kavcioglu, who spearheaded President Tayyip Erdogan's rate-cutting drive against a backdrop of soaring inflation. Her new role makes her one of only around a dozen women currently serving as central bank governors around the world, including the likes of ECB President Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina and Serbia's Jorgovanka Tabakovic. Having spent all of her professional life outside Turkey, Erkan has no formal central banking experience, making her leanings for monetary policy unclear. Kathryn Wylde, president and CEO of Partnership for New York City, a nonprofit organization where Erkan once served as a board director, says Erkan was seen as "tough, smart, and effective."

Persons: Hafize Gaye Erkan, Sahap Kavcioglu, Tayyip Erdogan's, Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina, Erkan, Goldman Sachs, Mark Carney, Mario Draghi, William Dudley, Goldman, Marsh McLennan, Kathryn Wylde, Wylde, Karin Strohecker, Jonathan Spicer, Hugh Lawson Organizations: Russian Central Bank Governor, Bogazici University, Harvard Business School's, Management, Research, Financial Engineering, Princeton University, Bank of Canada, Bank of England, New York Fed, First Republic Bank, Banking, Finance, New, Thomson Locations: Sahap, Istanbul, Turkey, New York City

☆ Turkey seizes $1 billion of counterfeit money headed for Africa
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: 1 min

ISTANBUL, June 9 (Reuters) - Turkish security forces seized $1 billion of counterfeit money in Istanbul and arrested six people involved in the operation, including one Ghanian and three Swedish nationals, the governor's office said on Friday. Gendarmerie forces tracked the suspects to a storage space in Istanbul's Kagithane district, where they seized the fake $100 bills meant to be sent to African countries, the office said. The Swedish and Ghanian consulates were notified. The counterfeit haul was the largest in Turkey's history, the governor's office said. Reporting by Ali Kucukgocmen; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Ali Kucukgocmen, Richard Chang Organizations: . Gendarmerie, Thomson Locations: ISTANBUL, Turkish, Istanbul, Istanbul's Kagithane

☆ Train review: What it’s like to ride the Venice Simplon-Orient-Express
▼ + stars: | 2023-06-09 | by ( Chris Dwyer | ) www.cnbc.com time to read: +5 min

That's according to Matthieu Ollier, manager of the Venice Simplon-Orient-Express, who said the train's Grand Suites cost 24,000 euros ($25,850) for a one-night trip from Venice to London. A train steward on the Venice Simplon-Orient-Express. The ensuite bathroom in the Venice Simplon-Orient-Express' Budapest Suite. The bar car on board the Venice Simplon-Orient-Express. Source: Venice Simplon-Orient-Express

Persons: Matthieu Ollier, Willy Wonka's, Chris Dwyer, Ollier, John Travolta, Angelina Jolie, Kate Winslet, Wes Anderson, Agatha Christie's, Christie, Champagne —, Austria's Brenner, Chef Jean Imbert, Jean Imbert, —, serenaded Organizations: Orient, Express, Orient Express, Athénée, Venice Locations: Venice, London, Belmond, United States, Paris, Bucharest, Munich, Istanbul, —, Budapest, Murano, Tsar, Austria's, Switzerland, France

☆ Inter won't just defend, says Man City's Guardiola
▼ + stars: | 2023-06-09 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

ISTANBUL, June 9 (Reuters) - Manchester City must overcome more than just a formidable Inter Milan defence as they seek to win the Champions League for the first time on Saturday, according to manager Pep Guardiola. Inter are a team used not only to defend. There is a belief that Italian teams only know how to defend, but Inter can do many other things," a relaxed Guardiola told reporters on Friday. "Inter have the ability to keep the ball and finish, they know how to attack from the centre and from the flanks. "Tomorrow he'll be ready to help us win the Champions League."

Persons: Pep Guardiola, Guardiola's, Erling Haaland, Guardiola, Copa del, Francesco, Acerbi, Matteo, Darmian, Alessandro, Bastoni, Andre, Onana, Martinez, Joaquin, Correa, Kevin De Bruyne, Haaland, Erling Haaland's, Martyn Herman, Christian Radnedge Organizations: Inter Milan, League, Ataturk Olympic, Copa, Copa del Rey, Champions League, Barcelona, Inter, Chelsea, Real Madrid, City, Manchester United's Premier League, Thomson Locations: ISTANBUL, Manchester, Lautaro

☆ Turkey's Erdogan appoints a former Goldman executive as its new central bank chief
▼ + stars: | 2023-06-09 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Exterior of the Turkish Central Bank, known as Turkiye Cumhuriyet Merkez Bankasi in Ankara. Turkey's President Recep Tayyip Erdogan has appointed a former Wall Street banker Hafize Gaye Erkan as the country's new central bank governor — another move that could potentially mark a policy pivot away from economic unorthodoxy. Erkan, Turkey's first female central bank chief, was a former managing director at Goldman Sachs and co-CEO at First Republic Bank. She is also Turkey's fifth central bank governor in four years. The caveat would lie in how much autonomy the central bank could exercise, and to what extent —something that Demiralp says investors will have to wait and see.

Persons: Recep Tayyip Erdogan, Hafize Gaye Erkan, —, Turkey's, Goldman Sachs, Mehmet Simsek's, Selva Demiralp, Demiralp Organizations: Turkish Central Bank, Wall Street, First Republic Bank, Princeton, Koç University, CNBC Locations: Ankara, U.S, Istanbul

On May 25, 2005, Liverpool and AC Milan contested the Champions League final at the Atatürk Olympic Stadium, which also hosts this year’s showpiece between Manchester City and Inter Milan. What happened in the second half, however, made the 2005 Champions League final the mother of all “I was there” moments. Rafael Benítez’s men emerged for the second half looking like an entirely different team, one full of belief that played with courage and purpose. “I think the most asked question is: ‘What happened at half time?’” Hyypia said. We have to give the fans something to cheer about in the second half, many of them have traveled a long way – even in cars to Istanbul to support us.

Persons: CNN — It’s, Paolo Maldini’s, Hernan Crespo, Sami Hyypia, Carlo Ancelotti, FILIPPO MONTEFORTE, Steven Gerrard, Liverpool’s, Xabi Alonso, Rafael Benítez’s, ” Hyypia, “ I’ve, I’ve, ‘, Rafa Benítez, “, ”, Gerrard, gee, – Hyypia, Hyypia, Jerzy, Dudek, Andriy, Shevchenko, Jerzy Dudek, MUSTAFA OZER, Dida, Xabi, ” Dida Organizations: CNN, “ Istanbul ”, AC Milan, Champions League, Manchester City, Inter Milan, Liverpool, League, CNN Sport, ”, Milan, Getty, Reds, AFP, Man City, Inter Locations: Liverpool, Istanbul, ’, Milan, Italian, AFP

[1/3] U.S. Secretary of State Antony Blinken attends a joint press conference with Saudi Foreign Minister Faisal Bin Farhan, at the Intercontinental Hotel in Riyadh, Saudi Arabia, June 8, 2023. Speaking at a press conference alongside his Saudi counterpart, Blinken said the "historic" reform drive known as Vision 2030 would require Saudi Arabia to attract talent from around the world. "I think it’s on its own merits and in Saudi Arabia’s interests to continue to pursue this modernisation including the expansion of human rights," Blinken said. He said he raised with Saudi officials specific cases of U.S. citizens detained in Saudi Arabia, but declined to go into details. As well as some U.S. nationals who are subject to travel bans, human rights advocates say scores of activists and dissidents are in prison or on trial in the kingdom.

Persons: Antony Blinken, Faisal Bin Farhan, Ahmed Yosri, Blinken, Prince Mohammed bin Salman, Jamal Khashoggi, Prince Mohammed, Prince Faisal bin Farhan, Humeyra Pamuk, Simon Lewis, Mark Heinrich Our Organizations: Saudi Foreign, Intercontinental, REUTERS, Saudi, Thomson Locations: Riyadh, Saudi Arabia, RIYADH, Saudi, U.S, Istanbul, Washington

[1/6] U.S. Secretary of State Antony Blinken looks on, as he attends a joint press conference with Saudi Foreign Minister Faisal Bin Farhan, at the Intercontinental Hotel in Riyadh, Saudi Arabia, June 8, 2023. "And we’re also collaborating with countries in the region to widen and deepen the normalisation of relations with Israel." Saudi Arabia went the other way in April in restoring ties with Iran, its key regional rival and Israel's arch-enemy, in a Chinese-brokered deal. Other rows have simmered over the Saudi intervention in Yemen's devastating conflict, China ties and oil prices. Saudi Arabia and other OPEC states say the organisation is not politicised and only seeks to stabilise energy markets.

Persons: Antony Blinken, Faisal Bin Farhan, Ahmed Yosri, Jake Sullivan, Crown Prince Mohammed Bin Salman, Karim Benzema, Blinken, we’re, Aziz Alghashian, Joe Biden's, Alghashian, Biden, Jamal Khashoggi, Blinken's, Prince Faisal bin Farhan, Vladimir Putin, Aziz El Yaakoubi, Humeyra Pamuk, Maha El, Mark Heinrich Our Organizations: Saudi Foreign, Intercontinental, REUTERS, U.S, Saudi, White House, Crown, Gulf Cooperation Council, Al, Blinken, MbS, GCC, United Arab, Thomson Locations: Riyadh, Saudi Arabia, Saudi, Israel RIYADH, U.S, Iran, Washington's, Al, French, Jeddah, Al Ittihad, Yemen, Sudan, Israel, East, United Arab Emirates, Bahrain, Gulf, Israeli, Russia, China, Istanbul, OPEC, Ukraine

The currency later recouped some of its losses, standing at 23.33 against the dollar by 0542 GMT, after touching a record low of 23.39 overnight during illiquid trading hours. "There is no air of panic in the markets as in previous times when there were such high losses. The central bank's net forex reserves hit an all-time low of negative $4.4 billion last month as demand surged through the elections. Investors are now awaiting the appointment of a new central bank governor to succeed Sahap Kavcioglu, who has spearheaded Erdogan's rate-slashing drive since 2021. Erdogan is considering appointing Hafize Gaye Erkan, a U.S.-based senior finance executive, as central bank governor, Reuters reported on Monday.

Persons: Tayyip Erdogan's, Erdogan, Mehmet Simsek, Simsek, Erik Meyersson, SEB, Meyersson, Sahap Kavcioglu, Hafize Gaye Erkan, Ali Kucukgocmen, Jonathan Spicer, Gareth Jones Organizations: Lira, Reuters, Thomson Locations: ISTANBUL, Ankara, U.S

The central bank's first female governor, Erkan is also its fifth chief in four years, underlining the challenge she may face delivering a lasting policy turnaround after Erdogan has all but stamped out the bank's independence in recent years. Analysts now expect Turkey's central bank to hike interest rates to between 20% and 25% from 8.5% as soon as this month. ORTHODOX FINANCE MINISTERErdogan, a self-proclaimed "enemy" of interest rates, has pressed the central bank to deliver stimulus in recent years and has been quick to replace its governor. The central bank slashed its policy rate to 8.5% from 19% in 2021, leaving real rates deeply negative and the lira largely managed by dozens of regulations covering credit and foreign exchange. But the last central bank governor to raise rates, Naci Agbal, was fired in 2021 after less than five months on the job.

Persons: Tayyip Erdogan, Hafize Gaye Erkan, Goldman Sachs, Erdogan's, Erdogan, Kavcioglu, Selva Demiralp, Mehmet Simsek, Simsek, Erkan, Naci Agbal, Marsh, Kathryn Wylde, Wylde, Ali Kucukgocment, Jonathan Spicer, Daren Butler, Cynthia Osterman, Hugh Lawson Organizations: Lira, First Republic Bank, Official Gazette, Koc University, U.S . Federal Reserve, Princeton University, First, JPMorgan, Analysts, FINANCE, Greystone, Partnership, New, Thomson Locations: ISTANBUL, United States, unorthodoxy, Erkan, U.S, New York City

Air India, which is revamping itself under new owner Tata Group, has been rapidly growing its international presence with new non-stop flights to Europe and the United States. Being able to use Russian airspace has come as a boon as it looks to capture a bigger share of the market. IATA Director General Willie Walsh called for an opening up of Russian airspace. "What we would like to see is everybody using Russian airspace. But airlines that can are unlikely to stop using Russian airspace after this diversion, said James Halstead, managing partner at Aviation Strategy.

Persons: Stringer, Campbell Wilson, Wilson, Scott Kirby, Kirby, Willie Walsh, Walsh, James Halstead, Vinod Kannan, India's, it's, Air India's Wilson, I'm, Aditi Shah, Mark Potter Organizations: REUTERS, United Airlines, Air, Air India, International Air Transport, Tata Group, Reuters, Airlines, Aviation, Singapore Airlines, Thomson Locations: Sheremetyevo, Russia, Ukraine, Moscow, Stringer ISTANBUL, U.S, India, Europe, Asia, Brussels, Air India, Istanbul, Air, United States, Russia's Far

☆ What Turkey’s new cabinet says about where the country is headed
▼ + stars: | 2023-06-07 | by ( Gul Tuysuz | ) edition.cnn.com time to read: +8 min

The cabinet appointments hint at a return to orthodox economic policy while holding course on foreign policy as the president heads into his third decade in power. Erdogan’s unorthodox economic policies over the past few years have led to a cost-of-living crisis and a plummeting Turkish lira. Shadow diplomatThe new foreign minister is a well-known figure to Turks and international players who have negotiated with Turkey of late. Hakan Fidan, who had served as head of Turkish Intelligence Agency (MIT) since 2010, has been in every room and every discussion that has been pivotal to Turkish foreign policy over the last few years. He’s been ever-present but rarely heard – a shadow diplomat in Erdogan’s foreign policy arsenal who has charted rough waters in Syria, Libya and beyond.

Persons: Recep Tayyip Erdogan, Mehmet Simsek, –, Nureddin Nebati, ” Simsek, Erdogan, Simsek, Mehmet Celik, Cevdet Yilmaz, Omer Bolat, ” Celik, Hakan Fidan, He’s, Fidan, Ibrahim Kalin, “, ” Fidan, ”, Suleyman Soylu, Istanbul Ali Yerlikaya, Hulusi Akar, Mevlut Cavusoglu, They’ve Organizations: Istanbul CNN —, Reuters, Daily, Trade, CNN, NATO, Turkish Intelligence Agency, MIT, Kurdistan Workers ’ Party, EU, Defense, Development Party, AK Party Locations: Istanbul, Turkish Republic, Turkish, “ Turkey, Daily Sabah, Turkey, Syria, Libya, Greece, West, Celik, Damascus, Ankara, Sweden, Yerlikaya

☆ Russia and Ukraine say ammonia pipeline was damaged, in potential blow to grain deal
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +3 min

They have been provided with necessary medical assistance," the Russian ministry said in a statement. "At present ammonia residues are being blown out of the damaged sections of the pipeline from Ukrainian territory. REPAIRSResumption of supplies via the Tolyatti-Odesa pipeline, the world's longest ammonia pipeline, may be key to the renewal of the Black Sea grain export deal. Russia has repeatedly cast doubt on whether it will continue to renew the grain deal, brokered by the United Nations and Turkey, which facilitates agricultural exports from Ukraine via the Black Sea. "The ammonia pipeline was one of the linchpins of the implementation of the agreements made in Istanbul on July 22, The (pipeline) was key to global food security," Zakharova said.

Persons: Stephane Dujarric, Dujarric, We're, Maria Zakharova, Zakharova, Felix Light, Andrew Osborn, Jon Boyle, Jason Neely, Gareth Jones, Alex Richardson, Diane Craft Organizations: Kyiv, Reuters, United, Togliatti, United Nations, Russian Foreign Ministry, Thomson Locations: Russia, Ukraine, Moscow, Ukrainian, Masyutivka, Kharkiv, Russian, Ukraine's Kharkiv, United Nations, Turkey, Odesa, Istanbul

ISTANBUL, June 6 (Reuters) - Global airlines called on Tuesday for broad co-operation to reach "very tough" emission targets and pledged to release interim climate targets next year as the industry aims for a goal of net-zero by 2050. Airlines are relying for 62% of their emissions reduction target on the fuel, which is currently between two to four times more expensive than kerosene. Walsh said airlines were not afraid to confront the fact that their share of total emissions will rise as other industries with fewer technological hurdles decarbonise. "Different parts of the world are moving at different paces and for us, representing global airlines, we've got to factor all of that into account." One thing airlines agreed on was frustration at aircraft delays, which have disrupted their schedules, with CEOs asking IATA to lobby planemakers.

Persons: Willie Walsh, Walsh, Jo Dardenne, Tim Clark, Clark, we've, Joanna Plucinska, Tim Hepher, Andrew Heavens, Sriraj Kalluvila, Alexander Smith Organizations: Aviation, International Air Transport Association, Sustainable Aviation Fuel, SAF, Transport, Environment, Dubai's Emirates, Reuters, Thomson Locations: ISTANBUL, Istanbul, planemakers, United States, Dubai

☆ Emirates looks at placing new order for long-haul jets
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

ISTANBUL, June 6 (Reuters) - Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787 jets as the Dubai-based carrier looks ahead to demand through the 2030s. "We are looking at both more A350s, more 777-9 and possibly the 787 range," Tim Clark told reporters on the sidelines of a global airlines meeting. "All I will say is that we are looking at buying a number of extra aircraft," he said. The Boeing 777X is a planned family of two large twin-engined aircraft including the 400-seat 777-9 and smaller 777-8. Emirates reduced its order for 150 777X to 126 jets as part of a deal that saw the airline order 30 787 Dreamliners in 2019.

Persons: Tim Clark, Clark, Tim Hepher, Dominique Vidalon, Jason Neely Organizations: Emirates, Boeing, Thomson Locations: ISTANBUL, Dubai, Istanbul

☆ Peter Chernin's North Road buys Turkish film and TV house Karga Seven
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 6 (Reuters) - Veteran Hollywood producer Peter Chernin said on Tuesday his company North Road has bought Turkish film and television house Karga Seven Pictures in one of its first major international acquisitions. Los Angeles-Istanbul-based Karga Seven is best known for its popular English-language period piece, "Rise of Empires: Ottoman", and Turkish time travel drama, "Midnight at the Pera Palace", which were among Netflix's top shows. Karga Seven's founders Sarah Wetherbee, Emre Sahin and Kelly McPherson will remain in leadership roles, with Wetherbee and Sahin serving as global co-CEOs and reporting to North Road President Jan Frouman. McPherson will head English-language content, along with newly hired Ömer Müjdat Özgüner serving as the company's Turkey CEO. Reporting by Dawn Chmielewski in Los Angeles and Samrhitha Arunasalam in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Peter Chernin, Chernin, Karga Seven's, Sarah Wetherbee, Emre Sahin, Kelly McPherson, Wetherbee, Sahin, Jan Frouman, McPherson, Ömer Müjdat, Ford, Dawn Chmielewski, Samrhitha, Pooja Desai Organizations: Hollywood, Pictures, North Road, Providence, Red Arrow Studios, Chernin Entertainment, Thomson Locations: Turkish, Los Angeles, Istanbul, Turkey, United States, U.S, Bengaluru

ISTANBUL, June 6 (Reuters) - An Air India plane flying from Delhi to San Francisco was forced to divert and land at an airport in Russia's Far East after it developed a technical issue with one of its engines, the airline said on Tuesday. The 216 passengers and 16 crew onboard were being offered support on the ground and accommodated in local hotels for the night, Air India said. Air India said it could not share any passenger details. GE Aerospace said it was aware of the diversion and working with Air India to resolve the issue. However, Air India and some Gulf-based, Chinese and African carriers continue to fly over Russia, making flying times shorter and American rivals uncompetitive.

Persons: Rosaviatsia, Campbell Wilson, Biden, Aditi Shah, Tim Hepher, Joanna Plucinska, David Shepardson, Valerie Insinna, Alexnader Marrow, Gleb Stolyarov, Josephine Mason, Emelia Sithole, David Evans, Mark Potter Organizations: An, Boeing, United Airlines, Air, General Electric, Union, Norwegian Air Boeing, Washington, GE, U.S . Treasury, U.S . Department of Commerce, GE Aerospace, International Air Transport Association, Reuters, Thomson Locations: ISTANBUL, An Air India, Delhi, San Francisco, Russia's Far, Russia, Air India, Magadan, Okhotsk, Iran, Shiraz, India, Washington, United States, Moscow, Ukraine, American, U.S

ISTANBUL, June 5 (Reuters) - The United States is in a "business recession" but the consumer is "strong", Scott Kirby, chief executive of United Airlines (UAL.O), the world's largest carrier, told reporters at an aviation conference in Istanbul on Monday. Business demand hasn't fully recovered yet ... that's taking more time," he said. I think actually, in the U.S., we're in a business recession, and the consumer is just fine, the consumer is strong." The chief of the world's biggest airline also raised concerns over competing carriers flying over Russia. However, newly approved flights for Chinese airlines are avoiding flying over Russian airspace to and from the United States, Reuters reported on June 1.

Persons: Scott Kirby, Kirby, We're, Aditi Shah, Jason Neely Organizations: United Airlines, International Air Transport Association, world's, U.S, Air, Reuters, Thomson Locations: ISTANBUL, United States, Istanbul, U.S, Russia, Washington, Moscow, Ukraine, India, Air India

ISTANBUL, June 5 (Reuters) - Global airlines more than doubled their 2023 industry profit forecast to $9.8 billion from $4.7 billion on Monday cheered by strong travel demand as the sector recovers from the COVID-19 pandemic. "The pandemic years are behind us and borders are open as normal," Director General Willie Walsh told the annual meeting of the International Air Transport Association (IATA). Global airlines have in recent months reported strong results as they prepare for a busy summer season, with travel demand showing no sign of flagging despite peaking inflation. Revenue levels for 2023 are also inching closer to pre-pandemic levels, climbing to an expected $803 billion versus $838 billion in 2019. And they will continue to do so through this year," Walsh told Reuters in an interview separately.

Persons: Willie Walsh, Walsh, " Walsh, Joanna Plucinska, Aditi Shah, Tim Hepher, Jason Neely Organizations: Global, International Air Transport Association, . Global, Reuters, Airlines, Schiphol Airport, Schiphol, Thomson Locations: ISTANBUL, Netherlands, South Africa

☆ Rodri says he is playing his best as Man City eye European glory
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

Rodri joined City in 2019 from Atletico Madrid in a deal worth around 50 million pounds ($62.1 million) and has won three top-flight titles. "I feel in the best moment - physically, mentally, the way I understand the game," Rodri told reporters after they beat United 2-1 in the FA Cup final at Wembley. Rodri said that City have "tried to learn a lot from the past" after coming closer to European glory in the past seasons. City featured in the 2020-21 Champions League final, where they suffered a 1-0 defeat against Chelsea in Porto. But City are now the favourites to beat Inter after winning their fifth Premier League title in six seasons last month.

Persons: Carl Recine, City's Rodri, Rodri, It's, Pep, Pearl Josephine Nazare, Stephen Coates Organizations: Soccer Football, Manchester City, Manchester United, Wembley, Manchester City's, FA, REUTERS, Premier League, Inter Milan, Saturday's Champions League, Inter, Manchester United's, City, Atletico Madrid, League, Chelsea, Thomson Locations: London, Britain, Manchester, Spanish, Istanbul, Porto, Europe, Bengaluru

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