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New Zealand Prime Minister Chris Hipkins at Parliament on July 26, in Wellington, New Zealand. New Zealand National Party leader Christopher Luxon speaks during a National Party campaign rally on October 10 in Wellington, New Zealand. Before becoming prime minister, he was minister of education, minister of police, minister for the public service, and leader of the house. Hipkins’ main contender Luxon is a businessman and former CEO of Air New Zealand who became leader of the National Party in 2021. Voters get two votes on the ballot: one for a candidate in their local constituency and one for the party.
Persons: Jacinda Ardern, Christopher Luxon, Chris Hipkins, Winston Peters, Ardern, Hagen Hopkins, demagogues, Hipkins, Sophia Ha, ” Ha, , ” Alex Wareham, , It’s, Wareham, Luxon Organizations: CNN, National Party, Labour Party, Radio NZ, NZ, Labour, Zealand, New Zealand National Party, Getty, Air New Locations: Zealand, New Zealand, Hipkins ., Wellington , New Zealand, Christchurch, Wellington, Auckland, Sydney, United States, United Kingdom, Covid, Air New Zealand, New
Tiny but bountiful, Antarctic krill make up one of the planet’s largest biomasses, nourishing everything from fish to marine mammals and seabirds. At Steinberg’s lab, researchers are examining how warming oceans — Antarctic krill need water colder than 4 degrees Celsius (39 Fahrenheit) to survive — are altering krill’s life cycle. However, a leading marine biologist the industry once relied on to burnish its environmental credentials has since denounced krill fishing. She accepted with the hope that she could help mitigate the effects of krill fishing on the Antarctic ecosystem. Today, she believes that krill fishing should be banned.
Persons: “ What’s, , Alistair Allan, Bob, it’s, Santa Cruz, Deborah Steinberg’s, ” Steinberg, Emma Cavan, Steinberg, Claire Christian, “ It’s, aren’t, Dirk Welsford, Matts Johansen, ” Johansen, Kjell Inge Røkke, Brett Glencross, , Jesse Trushenski, Trushenski, Johansen, William Harris, he’s, Javier Arata, Helena Herr, CCAMLR, Ari Friedlaender, ” Friedlaender, Peter Hammarstedt, JoNel, Helen Wieffering, Fu Ting Organizations: Bob Brown Foundation, Soviet Union, Associated Press, Shepherd, Walton Family Foundation, AP, University of California, Virginia Institute of Marine Science, World Wildlife Fund, Imperial College London, Commission, Conservation, Antarctic Marine Living Resources, Antarctic, Southern Ocean Coalition, U.S, United Nations, Antarctic Provider, Aker BioMarine, Aker, Aker ASA, National Institutes of Health, University of South, Association, Pew, University of Hamburg, Foods, Amazon, Wildlife Fund, LCA, Sea Shepherd, Washington , D.C Locations: Antarctica, Chilean, Alaska, U.S, Soviet, Russia, China, South America, Orkney, Norwegian, Santa, Cavan, Tasmania, It’s, Washington, Moscow, Beijing, Texas, Australian, Montevideo, Uruguay, dwarfing, Norway, American, Europe, Canada, Australia, Houston, Aker, Oslo, Brussels, Boise , Idaho, University of South Dakota, Salt Lake City , Utah, Santa Cruz, Virginia, Peruvian, Ski, Los Angeles, Washington ,, Investigative@ap.org
That gave the PIPE investors the right to cancel their commitments. An Aug. 9 amendment of TMTG's deal with Digital World called for the unwinding of the PIPE. This amendment gives Trump new shares in Digital World with more voting power. It remains unclear when and if Digital World will ask its shareholders to vote on the deal with TMTG, a necessary step for its completion. Shares of Digital World dropped 2% on Thursday to $15.54, far below their peak of around $97 a share in March 2022.
Persons: Donald Trump, Dado Ruvic, Donald Trump's, Devin Nunes, TMTG, Helen Coster, Josie Kao, Rod Nickel Organizations: REUTERS, U.S, Trump Media & Technology, Digital, TMTG, DWAC, Trump, Reuters, U.S . Department of Justice, Securities and Exchange Commission, Thomson
That gave the PIPE investors the right to cancel their commitments. An Aug. 9 amendment of TMTG's deal with Digital World called for the unwinding of the PIPE. This amendment gives Trump new shares in Digital World with more voting power. It remains unclear when and if Digital World will ask its shareholders to vote on the deal with TMTG, a necessary step for its completion. Shares of Digital World dropped 2% on Thursday to $15.54, far below their peak of around $97 a share in March 2022.
Persons: Helen Coster, Donald Trump's, Devin Nunes, TMTG, Josie Kao, Rod Nickel Organizations: Corp, U.S, Trump Media & Technology, Digital, TMTG, DWAC, Trump, Reuters, U.S . Department of Justice, Securities and Exchange Commission
But when Israel called up its reservists and declared war this week, the response was swift and overwhelming. Most reservists were already in Israel at the time of the call-up - the largest such compulsory mobilisation since the 1973 Yom Kippur War. But many were out of the country, for a variety of reasons, and dropped everything to rush back. "I cannot sit here and study medicine while I know that my friends are fighting and my family needs protection. A former captain in the Israeli army, he immediately acknowledged the call-up, but didn't tell his children what he was doing.
Persons: Ammar Awad, Rush, Israel, Yonatan Steiner, Nimrod Nedan, L.K, Yonatan Bunzel, Bunzel, Yedidya Shalman, Oren Saar, it's, there's, Alexander Cornwell, Helen Coster, Krystal Hu, Gabriella Borter, Crispian Balmer, Andrius, Nick Macfie Organizations: REUTERS, El Al, Thomson Locations: Israel, Gaza, Sderot, DUBAI, New York, Lebanon, kibbutzes, Lithuania, India, Tel Aviv, Dubai, Thailand, El, WhatsApp, New York City, Rome
The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. The development is the nail in the coffin of the $1 billion investment that DWAC (DWAC.O) had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform. It was unclear how TMTG will fund itself if the deal does not go through. TMTG previously raised $22.8 million in financing from private investors, Reuters reported last October. In September DWAC Investors voted to give up to a one-year extension to complete the TMTG deal, the deadline for which had been delayed several times.
Persons: Donald Trump, Dado Ruvic, Donald Trump's, TMTG, DWAC, Helen Coster, Josie Kao Organizations: REUTERS, U.S, Trump Media & Technology, Reuters, Trump, U.S . Department of Justice, Securities and Exchange Commission, SEC, DWAC, Thomson Locations: TMTG ., DWAC
REUTERS/Yves Herman Acquire Licensing RightsMALMÖ, Sweden, Oct 12 (Reuters) - China is still a key growth market for budget furniture retailer IKEA despite the world's second-largest economy showing signs of strain, executives at the biggest IKEA store owner said on Thursday. The company has 37 IKEA stores in China, out of a total of 537 locations worldwide. Ingka Group overall saw 697 million visits to its IKEA stores in the 2023 financial year, up 7.4% from the previous year. The rate of increase was much higher in China, Brodin said, as stores reopened and shoppers returned. China's sheer size makes it a key opportunity, said Tolga Oncu, head of IKEA Retail at Ingka Group.
Persons: Yves Herman Acquire, Jesper Brodin, Brodin, Ingka, Tolga Oncu, Oncu, Helen Reid, Josie Kao Organizations: REUTERS, IKEA, Ingka Group, Ingka, Reuters, IKEA Retail, Thomson Locations: Brussels, Belgium, Sweden, China
Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9. Majdi Fathi/NurPhoto/Getty Images Israeli soldiers work on a tank at the border between Israel and Gaza on October 9. Ramez Mahmoud/AP A plume of smoke rises in the sky over Gaza City during an Israeli airstrike on October 9. Ibraheem Abu Mustafa/Reuters Palestinian citizens inspect damage to their homes caused by Israeli airstrikes in Gaza City on October 8.
Persons: Jerusalem CNN — Israel, Kfar, , , Yoav Gallant, ” Gallant, Mohammed Salem, Khan Yunis, Joe Biden, , Biden, Ravina Shamdasani, Jens Laerke, Communications Juliette Touma, Shalom, Palestinian Interior Ministry Eyad, Bozom, Israel ”, Eden Guez, Violeta Santos Moura, CNN Sergey Ponomarev, Mohammed Abed, Atef Safadi, Fatima Shbair, Tamir Kalifa, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Yuri Cortez, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Mohammed Saber, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Mahmud Hams, Roi Levy, Alleruzzo, Tali Touito, Khan, Ibraheem Abu Mustafa, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Baz Ratner, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Michael Herzog, Herzog, Lloyd Austin Organizations: Jerusalem CNN, Israel Defense Forces, CNN, IDF, Reuters, Palestinian Health Ministry, Palestinian Ministry of Interior Affairs, Hamas, ISIS, , Israeli Defense, UN, Human Rights, United Nations, UN’s, Works Agency, Communications, Palestinian Interior Ministry, US State Department, Air France, Hezbollah, Nova Festival, New York Times, Getty, Ben Gurion, AP, Mount, Anadolu Agency, Shifa, West Bank, Rockets, Israel's, Palestinian, Reuters Police, Reuters Rockets, US Locations: Gaza, Jerusalem, Israel, Kfar Aza, Rafah, , Gaza City, Jabalia, Khan, Erez, Egypt, Germany, Lebanon, Iran, Ashkelon, Kfar Azza, AFP, Tel Aviv, Mount Herzel, Samar, Samar Abu Elouf, Yassin, Palestinian, Beitar Ilit, Mount Herzl, Sderot, Ramat Gan, Khan Younis, Israeli, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Syria
On Sunday, Hamas claimed to be holding more than 100 hostages in Gaza, including high-ranking Israeli army officers. Mohammed Abed/AFP/Getty Images Israeli soldiers take position near the border between Gaza and Israel on October 9. Majdi Fathi/NurPhoto/Getty Images Israeli soldiers work on a tank at the border between Israel and Gaza on October 9. Ahmad Hasballah/Getty Images Rockets launched from Gaza are intercepted by Israel's Iron Dome anti-missile system on October 8. Eyad Baba/AFP/Getty Images Relatives of Palestinians killed on Saturday, October 7, mourn at the morgue of a hospital in Gaza.
Persons: CNN — Israel, ” Gilad Erdan, Erdan, , Benjamin Netanyahu, ” Netanyahu, Sameh, Jonathan Conricus, ” Conricus, , Oren Ziv, Israel, Saed, Taweel, Mohammed, Salama Marouf, Marouf, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Mohammed Abed, Mohammed Saber, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Mahmud Hams, Roi Levy, Alleruzzo, Tali Touito, Tamir Kalifa, Fatima Shbair, Khan, Ibraheem Abu Mustafa, Oded, Jalaa Marey, Ahmad Hasballah, Amir Cohen, Samar Abu, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Baz Ratner, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Richard Hecht, Ashraf al, Qidra Organizations: CNN, United Nations, Sunday, ” CNN, Palestinian Health Ministry, Israel Defense Forces, IDF, United Nations Relief, Works Agency, Hamas, Media Office, Press, Anadolu Agency, Getty, West Bank, New York Times, Rockets, Israel's, Palestinian, Reuters Police, AP, Reuters, Reuters Rockets, UN Locations: Gaza, Israel, Israel’s, Gaza City, Khan, Lebanon, Iran, ” Israel, Shebaa, Egypt, Mohammed Sabah, Tel Aviv, AFP, Palestinian, Beitar Ilit, Mount Herzl, Jerusalem, Ashkelon, Sderot, Ramat Gan, Khan Younis, Israeli, Kiryat Shmona, Samar, Samar Abu Elouf, Itai, Beit Hanun, Rishon Lezion, Gaza’s Beit Hanoun
Test tubes labelled "Bird Flu" and eggs are seen in this picture illustration, January 14, 2023. Flu viruses hijack proteins like ANP32 inside cells to help themselves replicate, and the edits in chickens were designed to stop the growth of bird flu. However, they have not bred chickens with three edits yet, said Helen Sang, who previously studied genetically modifying chickens against bird flu at the University of Edinburgh. Unlike genetic modification, which introduces foreign genes, gene editing alters existing genes. The technology is considered to be less controversial than genetic modification and is more lightly regulated in some countries.
Persons: Dado Ruvic, Wendy Barclay, Barclay, Helen Sang, Sang, Tom Polansek, Jamie Freed Organizations: REUTERS, Rights, U.S, Imperial College of London, Nature Communications, University of Edinburgh, European Union, Thomson Locations: Britain, France, U.S
U.K. retail sales increased by 2.7% in September, up from 2.2% growth the previous year but below the 12-month average growth of 4.2%, according to figures from the British Retail Consortium. Food sales were up 7.4% as non-food sales fell 1.2%. "Sales growth in September slowed as the high cost of living continues to bear down on households," said Helen Dickinson, chief executive officer of the BRC. Dickinson said growth had been artificially boosted by high inflation over the last two years as sales revenues increased even as sales volumes decreased. — Jenni Reid
Persons: Helen Dickinson, Dickinson, Paul Martin, — Jenni Reid Organizations: British Retail Consortium, KPMG
Following are the steps taken by the companies ranging from airlines to banks:TRAVELSeveral Asian, European and U.S. airlines have suspended direct flights to Tel Aviv. Delta Air Lines (DAL.N):The airline said it continues to monitor events in the region and has made the decision to cancel Delta-operated Tel Aviv flights through Oct. 31. Goldman Sachs (GS.N):The bank's employees at its office in Tel Aviv have been asked to work from home, a spokesperson said. TECHNvidia (NVDA.O):The world's largest maker of chips used for artificial intelligence and computer graphics said it had canceled an AI summit scheduled for Tel Aviv next week. CONSUMER AND RETAILH&M (HMb.ST):The clothing company said its local franchise partner has temporarily closed all stores in Israel.
Persons: Amir Cohen, El, Goldman Sachs, Morgan Stanley, Gautam Adani's, Jensen Huang, PHARMA Eli Lilly, Lilly, Priyamvada C, Mehr Bedi, Ananya Mariam Rajesh, Khushi, Jaiveer Singh, Samrhitha, Helen Reid, Sriraj Kalluvila, Shounak Dasgupta, Shinjini Organizations: Gaza, REUTERS, Palestinian, Hamas, Tel Aviv . Delta Air Lines, Royal, Chevron, JPMorgan Chase, Reuters, Bank of America, Bloomberg News, FedEx, TECH Nvidia, Tel, Inditex SA, PHARMA, Thomson Locations: Sderot, Israel, U.S, Tel Aviv, Royal Caribbean, Haifa Port, Zara, Bengaluru, London
A rocket launched from the Gaza Strip strikes an area near Sderot, southern Israel October 9, 2023. REUTERS/Amir Cohen Acquire Licensing RightsOct 9 (Reuters) - Global companies with a presence in Israel have temporarily shut some operations and asked employees to work from home following attacks by the Palestinian Islamist group Hamas over the weekend. BANKSJPMorgan Chase (JPM.N):The Wall Street bank has asked more than 200 employees in Israel to work from home, a source familiar with the matter told Reuters. Goldman Sachs (GS.N):The bank's employees at its office in Tel Aviv have been asked to work from home, a spokesperson said. CONSUMER AND RETAILH&M:The clothing company said its local franchise partner has temporarily closed all stores in Israel.
Persons: Amir Cohen, El, Goldman Sachs, Morgan Stanley, Gautam Adani's, Jensen Huang, Priyamvada C, Mehr Bedi, Ananya Mariam Rajesh, Helen Reid, Sriraj Kalluvila, Shounak Organizations: Gaza, REUTERS, Hamas, Royal, Chevron, JPMorgan Chase, Reuters, Bloomberg News, TECH Nvidia, Tel, Thomson Locations: Sderot, Israel, Palestinian, Tel Aviv, Royal Caribbean, U.S, Haifa Port, Bengaluru, London
“We are still hunting down the last terrorist inside Israeli territory,” IDF spokesperson Lt. Col. Jonathan Conricus told CNN. Israeli fighters continued to clash with Hamas militants on Israeli soil early Monday morning in up to eight locations. Israel’s Ambassador to the US Michael Herzog told CNN Hamas fired more than 4,000 rockets at Israel and sent hundreds of militants into Israeli territory. The IDF said Monday that Be’eri was “very badly hit,” and although most Hamas militants in the kibbutz have been killed, Israeli troops were still fighting there. Palestinians search for casualties under the rubble of a house destroyed in Israeli strikes in Khan Younis, in the southern Gaza Strip.
Persons: Mousa Abu Marzouk, , Jonathan Conricus, , Mahmud Hams, Daniel Hagari, Benjamin Netanyahu, , ” Hecht, Hecht, Israel, Lloyd Austin, Israel imminently, Michael Herzog, Oded, ” Yakov Argamani, Noa, Be’eri, Amir Cohen, , Khan Younis, Hassan Eslayeh, Abu Mustafa, blitzed Organizations: Gaza CNN, Sunday, Hamas, Israel Defense Forces, CNN, Getty, United Nations Relief, Works Agency, Palestinian Ministry of Health, IDF, United, Attack Munitions, US, Navy, Israel’s, Reuters, Palestinian, UN Security Council, UN, UNSC Locations: Jerusalem, Gaza, Israel, Gaza . Israel, Gaza City, AFP, United States, Tel Aviv, Be’eri, Ashkelon, Mavki’im, Sderot, , Khan, blitzed Israel, Yom Kippur, Palestinian, Lebanon
UK consumers hunker down as fuel prices climb
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
A person puts fuel in their car at a filling station, at an ASDA supermarket in Birkenhead, Britain, July 3, 2023. Britain's high inflation rate has slowed but at 6.7% in August it remains more than three times the Bank of England's 2% target. The BRC's like-for-like sales measure - which adjusts for changes in store space - slowed to show growth of 2.8% from 4.3% in August. Seventy percent of consumers surveyed by Barclays said they were finding ways to reduce costs, up slightly from August. Jack Meaning, chief UK economist at Barclays, said the warning signs of wariness among consumers was filtering through into their spending decisions.
Persons: Phil Noble, Helen Dickinson, electricals, Dickinson, BoE, Jack, William Schomberg, James Davey Organizations: REUTERS, Consumers, British Retail Consortium, Bank of England's, Barclays, Rugby, Thomson Locations: Birkenhead, Britain, August's
Jerusalem and Gaza CNN —Israeli Prime Minister Benjamin Netanyahu said the country is “embarking on a long and difficult war” as it deals with an unprecedented hostage crisis after Palestinian militants launched a surprise land, sea and air attack from Gaza, killing hundreds and infiltrating into Israeli territory. At least 350 Israelis have been killed, an Israeli official told CNN and more than 1,500 have been injured, Israeli media reported. Ali Jadallah/Anadolu Agency/Getty Images Palestinians gather around an Israeli army vehicle that Palestinian militants drove from Israel into Gaza on Saturday. Ali Jadallah/Anadolu Agency/Getty Images An Israeli soldier stands by the bodies of Israelis killed by Palestinian militants in Sderot on Saturday. The IDF is now slowly evacuating communities Gaza, and searching the area for any Hamas militants left.
Persons: Benjamin Netanyahu, Eyad Baba, Netanyahu, Israel –, Israel, ” Netanyahu, Tsafrir, Ali Jadallah, Fatima Shbair, Mohammed Fayq Abu Mostafa, Mustafa Hassona, Ammar Awad, Ahmad Gharabli, Mahmud Hams, Baz Ratner, Ilan Rosenberg, Maya Alleruzzo, Amir Cohen, Itai Ron, Hadas Parush, “ Israel, , Richard Hecht, , Abu Obaida, Hecht, It’s, ” Hecht, Joe Biden, blitzed, ” Efraim Halevy, ” Halevy, Nic Robertson, ‘ I’m, , Noa Argamani, Avinatan, Argamani’s, Shani Louk, Ricarda, Yoni Asher, Asher Organizations: Gaza CNN, Israeli, Palestinian, Palestinian Authority, Israel’s, Getty, Hamas, CNN, Israel Defense Forces, Gaza . Police, Anadolu Agency, Saturday, Reuters, AP Vehicles, Reuters Rockets, Israeli Defense Forces, Al, Brigades, IDF, United Nations Security Council, Israel’s Intelligence Service, Reuters Air, , Channel, Israel Police Locations: Jerusalem, Gaza, Israel, Gaza City, AFP, Tel Aviv, Ashkelon, Sderot, Israeli, Saturday, Itai, Beit Hanun, Rishon Lezion, , Palestinian, Otef, , Brazil, blitzed Israel, Yom Kippur, Zikim, Egypt, Rafah, German
The dollar index , which measures the currency's strength against a basket of six rivals, was down 0.31 % to 106.03 . The index rose as high as 106.98 earlier in the session after data showed U.S. nonfarm payrolls increased by 336,000 jobs last month. The numbers for August were revised higher to show 227,000 jobs added instead of the previously reported 187,000. Economists polled by Reuters had forecast September payrolls rising by 170,000 jobs. The payrolls data showed monthly wage growth remained moderate, with average hourly earnings rising 0.2% after a similar gain in August.
Persons: Dado Ruvic, nonfarm, Karl Schamotta, Tony Welch, Helen, Corpay's Schamotta, Saqib Iqbal Ahmed, Gertrude Chavez, Dreyfuss, Chuck Mikolajczak, Rae Wee, Alun John, Marguerita Choy, Susan Fenton, Andrew Heavens Organizations: REUTERS, U.S, Reuters, Thomson Locations: U.S, Toronto, Atlanta, New York, Singapore, London
Members of Ukraine's emergency services at the scene of a Russian missile strike in the village of Hroza, Kharkiv region, eastern Ukraine on October 5. At least 16 people were injured, including an 11-month-old baby, said Oleh Syniehubov, the head of Kharkiv region’s military administration. Ukraine's emergency services work through the night digging through the rubble in the aftermath of a Russian missile attack. Police and military experts work at the site of a Russian military strike in Hroza. The Ukrainian military has since been trying to resist advances from Moscow.
Persons: ” Sergey Bolvinov, Vasco Cotovio, CNN Bolvinov, , Ihor Terekhov, Terekhov, Oleh Syniehubov, Dmytro Chubenko, Chubenko, Hroza, Volodymyr Zelensky, ” Zelensky, Pedro Sánchez, Olaf Scholz, Zelensky, Vyacheslav Madiyevskyy, Karine Jean, Pierre, Sofiia Gatilova Organizations: Ukraine CNN, CNN, Hroza, Kharkiv Regional Prosecutor’s, RBC, Spanish, White, Ukraine, Police, NATO, Ukrainian Locations: Hroza, Ukraine, Russian, Ukrainian, Kupiansk, Kharkiv, Kramatorsk, Dnipro, Granada, Spain, Germany, , Kyiv, Moscow, Russia
An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Last month, Japan's Aerospace Exploration Agency (JAXA) launched a lunar exploration spacecraft from its Tanegashima Space Center. Japan also discarded efforts to land its Omotenashi spacecraft on the moon in November after failing to stabilize communication. Japan's success this time around could be a leap for space exploration more broadly. "It shows that they are learning from their mistakes — a very important aspect of space exploration," said Behar, who is also Phillip and Sarah Gotlieb Memorial Chair at the Technion–Israel Institute of Technology.
Persons: Kari Bingen, Bingen, Smart Lander, SLIM, Ehud Behar, Norman, Helen Asher, Behar, Phillip, Sarah Gotlieb, We've Organizations: Press, Afp, Getty, Japan, Aerospace Security, International Security, Center for Strategic, International Studies, Japan's Aerospace Exploration Agency, JAXA, SpaceX, Cape Canaveral Space Force, Anadolu Agency, Helen Asher Space Research, Technion – Israel Institute of Technology, Artemis Accords, Artemis, Capital, Nurphoto Locations: Tanegashima, Kagoshima prefecture, Japan, Cape Canaveral , Florida, India, China, U.S, Bingen, South, Shanghai
Puma tumbles as analysts flag possible earnings disappointment
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A pair of Puma sports shoes is shown at an event in Berlin, Germany February 21, 2019. Analysts at brokerage Stifel said Puma's third-quarter earnings before interest and tax might decline by a low double-digit rate compared with last year, a worse performance than consensus expectations for a 6% decline. The drop in Puma's shares put them on course for their worst day since March 2020. Puma said it was fully on track to achieve its full-year guidance, while declining to comment on its share price movement. Puma is targeting EBIT of between 590 million euros and 670 million euros for 2023, from 641 million euros in 2022.
Persons: Annegret, Stifel, Puma, overstock, Jefferies, Danilo Masoni, Helen Reid, Linda Pasquini, Alexander Huebner, Susan Fenton, Jane Merriman Organizations: REUTERS, Nike, Adidas, Puma, RBC, Thomson Locations: Berlin, Germany, North America, China, U.S, London, Gdansk, Munich
A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.
Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley
CNN —A search and rescue operation has been launched for more than 100 missing people in India’s northeast after flash floods ripped through the Himalayan state of Sikkim Wednesday, killing at least 14 people and washing away roads and bridges, according to the state government. Known as the rooftop of the world, the ecologically-sensitive Himalayan region is prone to flash floods and landslides and flooding is not unusual in Sikkim. High water levels in the Teesta river in Sikkim, India, on October 4. Rising water levels of the Teesta river in Sikkim, India, after flash flooding indundated the region. About 2,000 people were evacuated after the flash floods in Sikkim.
Persons: Prem Singh Tamang, Narendra Modi, Organizations: CNN, Indian Army, of, Indian Space Research Organization, ISRO, ” ISRO, state’s Disaster Management Authority, Sikkim’s Department of Science, Technology, . Indian Army, India Meteorological Department, Indian, Indian Institute of Technology Locations: India’s, Sikkim, Lhonak, Sikkim’s, India, of Sikkim, Lhonak Lake, Pakyong, Gangtok, Pakistan, Peru, China, Government, Indian Institute of Technology Guwahati, Uttarakhand
Fragile yen is flat as intervention talk in focus
  + stars: | 2023-10-04 | by ( ) www.cnbc.com   time to read: +4 min
The index, however, remained within striking distance of a nearly 11-month high of 107.34 reached in the previous session. The Japanese currency was last flat at 149.06 per dollar, after unexpectedly surging nearly 2% at one point on Tuesday to 147.30, its strongest level in three weeks. The Bank of Japan's money market data showed on Wednesday that Japan likely did not intervene in the currency market a day earlier. Sterling climbed 0.3% to $1.2112, rebounding after falling to a nearly seven-month low of $1.20535 in the previous session. The decision sent the kiwi sliding more than 0.2% to a nearly one-month low of US$0.5871.
Persons: Helen, Masato Kanda, James Malcolm, Sterling Organizations: U.S ., ADP, U.S, Monex USA, Tokyo, Analysts, UBS, Federal Reserve, greenback, New Zealand Locations: U.S, Washington, Japan
The ADP National Employment report showed private payrolls rose 89,000 in September, much lower than the expected 153,000. Focus now shifts to the more comprehensive non-farm payrolls data due on Friday. Separate data showed the U.S. services sector slowed in September as new orders fell to a nine-month low. Declining issues outnumbered advancers for a 1.02-to-1 ratio on the NYSE and a 1.10-to-1 ratio on the Nasdaq. The S&P index recorded no new 52-week high and 19 new lows, while the Nasdaq recorded 4 new highs and 162 new lows.
Persons: Brendan McDermid, Thomas Hayes, Kevin McCarthy, Helen of Troy, Rollins, advancers, Ankika Biswas, Shashwat Chauhan, Shounak Dasgupta Organizations: New York Stock Exchange, REUTERS, Companies, Nasdaq, Treasury, Microsoft, Nvidia, Great, Capital LLC, Dow, Traders, Wednesday, Dow Jones, U.S . House, Point Capital Management, NYSE, Thomson Locations: New York City, U.S, HELE.O, Point, Bengaluru
Bangkok, Thailand CNN —A teen suspected of shooting two people dead at an upscale shopping mall in Thailand has been charged with six counts including premeditated murder, police told CNN Wednesday. The 14-year-old boy was arrested on Tuesday shortly after the shooting rampage at the busy Siam Paragon mall in central Bangkok’s bustling commercial and tourist district. Thai Police General Torsak Sukvimol told reporters Tuesday the suspect “surrendered himself” after the shooting and still had ammunition when he was apprehended. Staff repair the glass doors of a furniture store where a 14-year-old suspect was apprehended after a shooting rampage in Bangkok. And the shooting of Chinese victims in downtown Bangkok may make some tourists think twice about traveling to Thailand.
Persons: Thailand CNN —, Kanchana Patarachoke, General Nakarin Sukhonthawit, ” Nakarin, Nakarin, Lauren DeCicca, , Torsak Sukvimol, , Thanamorn Noonart, Thanamorn, ” Thanamorn, Bangkok’s Pathum, “ it’s, Jack Taylor, Torsak, Lillian Suwanrumpha, Thailand ”, Srettha Thavisin, ” Srettha, Srettha Organizations: Thailand CNN, CNN, Siam Paragon, Ministry of Foreign Affairs, Police, ” Police, Thai Police, Rajavithi Hospital, Video, Thai, Getty, Staff, Tourism Authority of, Survey, SAS, Institute for Health Metrics, University of Washington’s Locations: Bangkok, Thailand, Siam, Myanmar, Laos, Pathum Wan, Nakhon Ratchasima, Bangkok’s, Bangkok’s Pathum Wan, Thai, AFP, China, Southeast Asia, Tourism Authority of Thailand, Cambodia, Weibo, Switzerland, Philippines, Nong Bua Lamphu
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