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☆ Ethio Lease set to wind down operations in Ethiopia
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

NAIROBI, Nov 15 (Reuters) - Equipment leasing company Ethio Lease, Ethiopia's only foreign-owned firm to obtain a financial services licence from the central bank, said on Wednesday it was winding down operations in the east African country. The National Bank of Ethiopia granted a financial services license to Ethio Lease in 2019 - the first such for a foreign firm - as part of the government's economic reforms aimed at opening up the economy. New York-based African Asset Finance Company, the owner of Ethio Lease, has instructed the company to begin the process of voluntary liquidation, Ethio Lease said in a statement. "Despite their sustained efforts, Ethio Lease and its investors have been unable to achieve resolution with the Ethiopian government." Ethio Lease's license enabled it to lease equipment such as MRI scanners, tractors and drilling rigs to companies that could not import such equipment themselves due to foreign exchange shortages.

Persons: Abiy Ahmed, Bhargav Acharya, Duncan Miriri, Jason Neely, Alexander Winning, Nellie Peyton, Sharon Singleton Organizations: Equipment, Ethio, National Bank of, Lease, African Asset Finance Company, Ethio Lease, birr, Ethiopian, Thomson Locations: NAIROBI, National Bank of Ethiopia, New York, birr, Johannesburg, Nairobi

☆ Commerzbank receives crypto custody licence in Germany
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: 1 min

Nov 15 (Reuters) - Commerzbank AG (CBKG.DE) on Wednesday said it has received a crypto custody licence in Germany, allowing it to build up a broad range of digital asset services, with particular emphasis on crypto assets. Reporting by Nilutpal Timsina in Bengaluru; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nilutpal, Jason Neely Organizations: Commerzbank, Thomson Locations: Germany, Bengaluru

Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. He told reporters Emirates would be prepared to order between 35 and 50 of the jets if Rolls-Royce improved both the durability and maintenance costs. Reuters reported on Monday that an order from Emirates for the largest version of the A350 appeared to be on hold over terms of engine guarantees with Rolls-Royce. With plans for an Emirates A350 order off the table for now, Airbus also saw a second major order from Turkish Airlines (THY) (THYAO.IS) slip off the show's agenda, industry sources said. Airbus said on Monday it had reached agreement "in principle" on a significant THY order.

Persons: Abdel Hadi Ramahi, Royce, Tim Clark, Christian Scherer, Trent XWB, Tim Hepher, Alexander Cornwell, Tom Hogue, Jason Neely Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Dubai, Boeing 777X, Royce, Reuters, GE, Boeing, Turkish Airlines, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Egyptair, East, India

The IEA joins the Organization of the Petroleum Exporting Countries in raising its oil demand growth forecast for 2023. Demand in 2023 has been supported by resilient U.S. deliveries and record September demand from China, the IEA said. SLOWDOWN IN VIEWFor 2024, the IEA raised its oil demand growth forecast to 930,000 bpd from 880,000 bpd. OPEC and the IEA have clashed in recent years over issues such as the long-term oil demand outlook and the need for investment in new supplies. The IEA said the 2024 demand slowdown will arise as "the last phase of the pandemic economic rebound dissipates and as advancing energy efficiency gains, expanding electric vehicle fleets and structural factors reassert themselves."

Persons: Pascal, Brent, Natalie Grover, Alex Lawler, David Goodman, Jason Neely, David Evans Organizations: IPC Petroleum France, REUTERS, International Energy Agency, OPEC, IEA, Organization of, Petroleum, Thomson Locations: Soudron, Reims, France, Paris, Saudi Arabia, Russia, China, Libya, OPEC, Saudi, London

☆ Imperial Brands expects profit growth next year, raises dividend
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 14 (Reuters) - Imperial Brands (IMB.L) on Tuesday forecast revenue and profit growth next year led by the second half helped by pricing actions and investments in tobacco alternatives. The maker of Winston cigarettes, Backwoods cigars and Golden Virginia rolling tobacco reported an adjusted operating profit of 3.89 billion pounds ($4.78 billion) for the year ended Sept. 30, up from 3.69 billion. Imperial said next year it anticipates low-single-digit revenue growth, while it expects adjusted operating profit close to the middle of its mid-single digit range. This means adjusted operating profit will likely grow by low single digits in the first half, it continued. Imperial raised its annual dividend by 4%, and said its ongoing multi-year share buyback would increase 10% in 2024.

Persons: Dado Ruvic, Winston, Stefan Bomhard, Imperial, Eva Mathews, Emma Rumney, Subhranshu Sahu, Jason Neely Organizations: Imperial Brands, REUTERS, Thomson Locations: Virginia, Bengaluru, London

☆ Lloyd's of London SPAC venture scrapped due to volatile markets
▼ + stars: | 2023-11-13 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

A view shows the Lutine Bell during an event to mark accession of Britain's King Charles at the Lloyd's Building in the City of London, Britain, September 15, 2022. The special purpose acquisition company (SPAC) had unveiled plans to combine with London Innovation Underwriters (LIU) and raise additional funds to deploy in the Lloyd's of London insurance market. The SPAC has an end of year deadline to use funds raised for a takeover, and said it would not seek an extension. LIU said it would consider exploring alternative options to pursue its strategy of accessing the Lloyd's of London insurance market. The failed effort comes amid a dearth of new listings in London and concerns over its appeal as a capital markets hub, despite profits at Lloyds of London which are booming thanks to rising prices for insuring commercial risks.

Persons: Britain's King Charles, Sarah Meyssonnier, LIU, Huw Jones, Sinead Cruise, Jason Neely Organizations: City of, REUTERS, Financials, London Innovation Underwriters, Company, Corp, Lloyds of, Thomson Locations: City, City of London, Britain, London, Lloyds of London

☆ Tullow in $400 million debt deal, Ghana oil marketing pact with Glencore
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 13 (Reuters) - Tullow Oil (TLW.L) said on Monday it signed a $400 million five-year debt deal with Glencore (GLEN.L) to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields. The facility "significantly de-risks" Tullow's ability to refinance its 2026 notes, Peel Hunt analysts wrote in a note. Tullow's shares were up 3.6% at 31.5 pence in early trade. The company also signed an oil marketing and offtake contract with Glencore for Tullow's crude oil entitlements in Ghana and Gabon. Tullow reiterated its free cashflow guidance of $800 million between this year and 2025.

Persons: Arnd, Rahul Dhir, Peel, Tullow, Radhika Anilkumar, Shadia Nasralla, Savio D'Souza, Jason Neely Organizations: REUTERS, Glencore Energy UK Ltd, Peel Hunt, Glencore, Thomson Locations: Baar, Switzerland, Ghana, Gabon, Bengaluru, London

☆ Nepal to ban China's TikTok, alleges damaging social impact
▼ + stars: | 2023-11-13 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

TikTok app logo is seen in this illustration taken, August 22, 2022. TikTok has already been either partially or completely banned by other countries, with many citing security concerns. Nepal's Minister for Communications and Information Technology Rekha Sharma said the decision to ban TikTok had been made at a cabinet meeting earlier on Monday. "Colleagues are working on closing it technically," Sharma told Reuters. Nepal's neighbour India banned TikTok along with dozens of other apps by Chinese developers in June 2020, saying that they could compromise national security and integrity.

Persons: Dado Ruvic, China's, TikTok, Technology Rekha Sharma, Sharma, Purushottam Khanal, Khanal, Pradeep Gyawali, Gopal Sharma, Sakshi Dayal, Jason Neely, Alexander Smith Organizations: REUTERS, Nepal's, Communications, Technology, Reuters, Nepal Telecom, Communist Party of Nepal, Marxist, Thomson Locations: Nepal, India, Pakistan

☆ Greece starts process to sell 20% stake in National Bank
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

People walk outside the National Bank of Greece headquarters in Athens, Greece, January 17, 2022. REUTERS/Louiza Vradi/File photo Acquire Licensing RightsATHENS, Nov 13 (Reuters) - Greece on Monday announced plans to sell a 20% stake in National Bank of Greece (NBG) after concluding the sale of a 9% stake in Alpha Bank to UniCredit as it looks to divest from the country's lenders. It currently holds a 40.4% stake in NBG and a 27% stake in Piraeus Bank (BOPr.AT), Greece's third largest lender. NBG's shares were down about 1% at 5.39 euros at 1012 GMT on Monday, with the 20% stake valued at about one billion euros ($1.07 billion). Earlier on Monday, HFSF said it sold its 9% stake in Alpha Bank (ACBr.AT) to UniCredit for 293.5 million euros after an improved bid from the Italian bank.

Persons: Louiza, HFSF, Lefteris Papadimas, Jason Neely Organizations: National Bank of, REUTERS, Rights, Monday, National Bank of Greece, Alpha Bank, Hellenic, Stability, Piraeus Bank, Reuters, Global, Thomson Locations: National Bank of Greece, Athens, Greece, UniCredit, NBG

☆ ADNOC Drilling, Alpha Dhabi announce investment partnership
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: 1 min

DUBAI, Nov 10 (Reuters) - The UAE's ADNOC Drilling and Alpha Dhabi will establish a strategic partnership to invest up to $1.5 billion to acquire technology-enabled companies in energy and oilfield services, they said in a statement on Friday. Reporting by Ahmed Elimam and Jana Choukeir; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Ahmed Elimam, Jana Choukeir, Jason Neely Organizations: Alpha Dhabi, Thomson Locations: DUBAI

☆ Hungary's Orban says EU must not start membership talks with Ukraine
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

Hungarian Prime Minister Viktor Orban looks on as he attends a European Union leaders summit in Brussels, Belgium October 27, 2023. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsBUDAPEST, Nov 10 (Reuters) - The EU must not start membership talks with Ukraine, Prime Minister Viktor Orban told state radio on Friday, stressing this was Hungary's "clear stance" on the issue. EU countries' leaders are due to decide in mid-December on whether to accept the Commission's recommendation to invite Kyiv to begin membership talks as soon as it meets final conditions. "Membership talks must not be started, this is the clear Hungarian stance," Orban said, adding that Brussels "owed Hungary money." Investors have been eyeing Budapest's talks with Brussels over the EU funds very closely.

Persons: Viktor Orban, Johanna Geron, Nationalist Orban, Orban, Budapest's, Krisztina, Jason Neely, Christina Fincher Organizations: European Union, REUTERS, Rights, EU, European Commission, Thomson Locations: Brussels, Belgium, EU, Ukraine, Hungary, Budapest

☆ Saudi Arabia to sign deals worth over $500 mln with African nations -minister
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

Saudi Minister of Finance Mohammed al-Jadaan gestures during an interview with Reuters at the Ministry of Finance in Riyadh, Saudi Arabia, December 12, 2021. REUTERS/Ahmed Yosri/File Photo/File Photo Acquire Licensing RightsRIYADH, Nov 9 (Reuters) - The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh. Saudi Investment Minister Khalid Al-Falih later said at the same conference the kingdom's over $700 billion wealth fund, the Public Investment Fund, will make some "game changing" investments in Africa. Saudi Energy Minister Prince Abdulaziz bin Salman, also at the conference, signed preliminary agreements with African countries including Nigeria, Senegal, Chad and Ethiopia on energy-related cooperation. ($1 = 3.7511 riyals)Reporting by Aziz El Yaakoubi; writing by Clauda Tanios and Yousef Saba; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Mohammed, Ahmed Yosri, Mohammed Al, Jadaan, Khalid Al, Falih, Prince Abdulaziz bin Salman, Aziz El Yaakoubi, Clauda Tanios, Yousef Saba, Jason Neely Organizations: Reuters, Ministry of Finance, REUTERS, Rights, Saudi Fund, Development, Saudi Finance, African Economic Conference, Saudi Investment, Public Investment Fund, Saudi Energy, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, Ghana, Africa, Nigeria, Senegal, Chad, Ethiopia

☆ Israel's Wix.com posts Q3 beat, says business as usual
▼ + stars: | 2023-11-09 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

The logo of website-designer firm Wix.com is seen at a high-tech park in Beersheba, southern Israel August 28, 2017. The Israeli company posted earnings of $1.10 per diluted share, excluding one-time items, compared with 6 cents per share a year earlier. Analysts expected Wix to earn 67 cents per share excluding one-time items on revenue of $383 million, LSEG data showed. The company projected fourth-quarter revenue of $400 million to $405 million, representing annual growth of as much as 14%. Citing an "outperformance in the first three quarters" Wix raised its 2023 revenue estimate to $1.558 billion to $1.563 billion - growth of 12-13% - from a range of $1.543 billion to $1.558 billion.

Persons: Wix.com, Amir Cohen, Wix, Nir Zohar, Zohar, Lior Shemesh, Steven Scheer, Jason Neely, David Evans Organizations: REUTERS, Rights, Hamas, Revenue, Nasdaq, Thomson Locations: Beersheba, Israel, Gaza

[1/2] The branch of Credit Agricole bank is seen in Warsaw, Poland, July 3, 2018. Its net income jumped 33% to 1.75 billion euros ($1.87 billion), above the 1.37 billion expected by analysts in a company-compiled poll. Group revenue rose 19% to 6.34 billion euros, topping the 5.99 billion expected by analysts. It reported lower-than-expected provisions of 429 million euros, helping its bottom line. Credit Agricole controls Europe's largest fund manager Amundi (AMUN.PA) and recently announced plans to acquire Belgian wealth management firm Degroof Petercam.

Persons: Marcin Goclowski, Morgan, Amundi, Degroof, Mathieu Rosemain, Augustin Turpin, Silvia Aloisi, Jason Neely Organizations: Credit Agricole, REUTERS, Credit, Credit Agricole Group, Societe Generale, BNP, Deutsche Bank, Barclays, Thomson Locations: Credit, Warsaw, Poland, PARIS, Italy, France

Net profit fell to $32.6 billion for the quarter to Sept. 30, above the $31.8 billion expected by 12 analysts in a company-provided forecast. The Saudi oil producer said lower oil prices and volumes were partially offset by a reduction in production royalties, which are linked to Brent prices. Chevron (CVX.N) and Exxon Mobil (XOM.N) last month reported sharp year-on-year falls in third-quarter profit as energy prices cooled. Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Back in 2021, Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, said that Saudi Aramco would sell more shares, with the proceeds going to bolster the PIF, the Vision 2030's main funding source.

Persons: Brent, Aramco's, Dado Ruvic, Prince Mohammed bin Salman, Hadeel Al Sayegh, Yousef Saba, Miral Fahmy, Jason Neely, Tomasz Janowski Organizations: DUBAI, Saudi Aramco, Chevron, Exxon Mobil, Reuters Graphics, OPEC, Aramco, REUTERS, Investment Fund, Energy, RBC, Riyadh bourse, Wall Street, Thomson Locations: Saudi, Reuters Graphics Saudi Arabia, Saudi Arabia, Aramco, Riyadh

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Net profit fell to $32.6 billion for the quarter to Sept. 30 from $42.4 billion a year earlier. The Saudi oil producer said lower oil prices and volumes were partially offset by a reduction in production royalties. Chevron (CVX.N) and Exxon Mobil <XOM.N> last month posted sharp year-on-year falls in third-quarter profit as energy prices cooled. Aramco's revenue fell to $113.09 billion in the quarter from $144.99 billion a year earlier.

Persons: Dado Ruvic, Hadeel Al Sayegh, Yousef Saba, Miral Fahmy, Jason Neely Organizations: Saudi Aramco, REUTERS, DUBAI, Chevron, Exxon Mobil, OPEC, Aramco, Energy, Thomson Locations: Saudi, Saudi Arabia

☆ Capgemini Q3 revenue falls after decline in North America
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

The Capgemini logo is seen at the company's office in Issy-les-Moulineaux near Paris, France, August 3, 2021. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsNov 7 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday posted a 1.3% fall in third-quarter revenue at current exchange rates, including 4% fall in North America, its second-biggest market. The firm said its investment of 2 billion euros in AI was progressing "as planned" with the aim of doubling the workforce involved to 60,000 people over the three years. The Paris-based group's revenue was 5.48 billion euros ($5.87 billion) in the third quarter, down from 5.55 billion a year earlier, while its bookings rose 1% to 5.28 billion euros. ($1 = 0.9341 euros)Reporting by Lina Golovnya and Stéphanie Hamel in Gdansk; editing by Kim Coghill and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Aiman Ezzat, chatbot, Capgemini, Lina Golovnya, Stéphanie, Kim Coghill, Jason Neely Organizations: REUTERS, French IT, Alstom, Thomson Locations: Issy, Paris, France, French, North America, United States, Europe, Gdansk

☆ Armed drones shot down over Iraq airport where US forces based
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

CAIRO, Nov 7 (Reuters) - Three armed drones were shot down on Tuesday in two separate attacks over Erbil airport in northern Iraq where U.S. forces and other international forces are stationed, Iraqi Kurdistan's counter-terrorism service said in a statement. The attacks are the latest in a series on U.S. troops in Iraq and Syria as tensions soar in the Middle East over the Israel-Hamas war. A group called the "Islamic Resistance in Iraq" said it targeted Al-Harir military base, which is about 70 km northeast of Erbil airport. The defence system at a military base near the airport successfully defended against the drones, the statement said. Iraqi Prime Minister Mohammed al-Sudani has pledged to pursue those responsible for recent attacks on three military bases in Iraq hosting international coalition advisers, including Ain al-Asad in western Iraq, a military base near Baghdad's international airport and Harir in Erbil.

Persons: Al, Mohammed al, Sudani, Asad, Amina Ismail, Nick Macfie, Jason Neely Organizations: U.S . Defense Department, Coalition, U.S, Iraqi, Thomson Locations: CAIRO, Erbil, Iraq, U.S, Iraqi, Syria, East, Israel, Ain, Harir

☆ Buffett's Berkshire posts bigger loss as stocks fall; operating profit sets record
▼ + stars: | 2023-11-04 | by ( Jonathan Stempel | ) www.reuters.com time to read: +6 min

Operating profit rose 41% to $10.76 billion, even as Berkshire's net loss more than quadrupled to $12.77 billion. "Against that backdrop it's not surprising that Berkshire's consumer and housing-related subsidiaries are seeing pressure," she said. "Berkshire is disciplined," said Tom Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania who has owned Berkshire stock since 1982. Berkshire's net results swing widely because accounting rules require the company to report investment gains and losses even if it buys and sells nothing. His $117.5 billion net worth ranks fifth worldwide according to Forbes magazine.

Persons: Rick Wilking, Warren Buffett's, Jim Shanahan, Edward Jones, Cathy Seifert, extol, Buffett, Tom Russo, Gardner Russo, Quinn, Cash, Berkshire's, Ian, Geico, Shanahan, PACIFICORP, Haslam, Jonathan Stempel, Ira Iosebashvili, Jason Neely, Diane Craft Organizations: Berkshire Hathaway, REUTERS, Warren Buffett's Berkshire Hathaway Inc, Apple, Treasury, BNSF, Clayton Homes ., Berkshire, Forbes, . Berkshire, Thomson Locations: Omaha, U.S, Berkshire, Omaha , Nebraska, Lancaster , Pennsylvania, California, Florida , New Jersey, New York, United States, Israel

☆ China EV maker BYD to build first Europe plant in Hungary -FAS
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

Companies BYD Co Ltd FollowFRANKFURT, Nov 4 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ), plans to build its first European car factory in Hungary, a German newspaper reported on Saturday. The Frankfurter Allgemeine Sonntagszeitung (FAS), citing unnamed sources close to BYD, said the decision had already been made internally. A government website in Shenzhen, where BYD is headquartered, posted an article last month saying that Hungarian Prime Minister Viktor Orban met BYD Chairman and President Wang Chuanfu on a visit to the company. BYD, contacted by Reuters, said that it was still looking for the right location and would make an announcement at the end of the year. Reporting by Brenda Goh, Jason Xue, Krisztina Than, and Tom Sims; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Viktor Orban, Wang Chuanfu, Brenda Goh, Jason Xue, Tom Sims, Jason Neely Organizations: BYD, FRANKFURT, Frankfurter Allgemeine Sonntagszeitung, Reuters, Thomson Locations: Hungary, BYD, Shenzhen, Hungarian

☆ Sinopec says signs new 27-year LNG supply deal with QatarEnergy
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Under the agreement, the two firms will cooperate on the second phase of the North Field gas project, which will supply 3 million metric tons of LNG per year to Sinopec. The deal, signed at the China International Import Expo in Shanghai, is the third long-term supply deal between Sinopec and Qatar Energy, the world's top LNG supplier. The two parties signed a 10-year LNG purchase and sales agreement in 2021, followed by a 27-year deal last year. The North Field is part of the world's largest gas field which Qatar shares with Iran, which calls its share South Pars.

Persons: Chris Helgren, Jason Xue, Dominique Patton, Jason Neely Organizations: China Petroleum & Chemical Corporation, REUTERS, Rights, China Petroleum & Chemical Corp, BEIJING, Qatar Energy, China, Qatar, Pars, Thomson Locations: Vancouver , British Columbia, Canada, Shanghai, Sinopec, Iran

☆ U.S. Special Envoy: No Record of Hamas Blocking or Seizing Aid
▼ + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

AMMAN (Reuters) - U.S. Special Envoy David Satterfield said on Saturday that U.S. officials had not been told that Hamas is blocking or diverting humanitarian aid flowing into the Gaza Strip amid shortages of food, medicine and fuel. Speaking to reporters in the Jordanian capital Amman, he said that those distributing aid in Gaza had not reported aid being diverted since trucks resumed crossing the Egypt-controlled Rafah gate on Oct. 21 after diplomatic wrangling to resume the flow. Those in charge of the aid "do not report to us in this 10 day, 12 day period of assistance delivery, interdiction of or seizure of goods by Hamas," he said. Between 800,000 to a million people have moved to the south of the Gaza Strip, while 350,000-400,000 remain in the north of the enclave, Satterfield said. (Reporting by Simon Lewis; writing by Omar Abdel-Razek; editing by Jason Neely, Alexandra Hudson)

Persons: David Satterfield, Satterfield, Simon Lewis, Omar Abdel, Jason Neely, Alexandra Hudson Locations: AMMAN, Gaza, Jordanian, Amman, Egypt, Rafah

☆ US consultancy Gallup withdrawing from China -FT
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: 1 min

Nov 4 (Reuters) - Consultancy firm Gallup is pulling out of China, the Financial Times newspaper reported on Saturday. The Washington-based firm has told its clients it is closing its China operations and advised customers that it would move some projects outside the country, while others would be cancelled, according to the newspaper. It started its China operations in 1993 and had offices in Beijing, Shanghai and Shenzhen, the report said citing public payroll records. Gallup is closing all three offices in mainland China and it is unclear whether it will retain some of its local employees, the report added. Reporting by Shubhendu Deshmukh in Bengaluru; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Shubhendu Deshmukh, Jason Neely Organizations: Consultancy, Gallup, Financial Times, Thomson Locations: China, Washington, Beijing, Shanghai, Shenzhen, Bengaluru

☆ U.S. special envoy: no record of Hamas blocking or seizing aid
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

Palestinians reload a truck with aid that fell from the vehicle, amid shortages of food supplies, during the ongoing conflict between Israel and Palestinian Islamist group Hamas, in Rafah in the southern Gaza Strip, November 2, 2023. REUTERS/Ibraheem Abu Mustafa/ File Photo Acquire Licensing RightsAMMAN, Nov 4 (Reuters) - U.S. Special Envoy David Satterfield said on Saturday that U.S. officials had not been told that Hamas is blocking or diverting humanitarian aid flowing into the Gaza Strip amid shortages of food, medicine and fuel. Those in charge of the aid "do not report to us in this 10 day, 12 day period of assistance delivery, interdiction of or seizure of goods by Hamas," he said. Between 800,000 to a million people have moved to the south of the Gaza Strip, while 350,000-400,000 remain in the north of the enclave, Satterfield said. Reporting by Simon Lewis; writing by Omar Abdel-Razek; editing by Jason Neely, Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Abu Mustafa, David Satterfield, Satterfield, Simon Lewis, Omar Abdel, Jason Neely, Alexandra Hudson Organizations: Hamas, REUTERS, Rights, Alexandra Hudson Our, Thomson Locations: Israel, Palestinian, Rafah, Gaza, Rights AMMAN, Jordanian, Amman, Egypt

☆ Erdogan says he will try to facilitate Sweden's NATO bid ratification
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +2 min

ANKARA, Nov 4 (Reuters) - Turkish President Tayyip Erdogan said he would try to facilitate the parliamentary ratification of Sweden's NATO membership as much as possible, but added that Stockhom had still not taken sufficient action on Kurdish militants. Erdogan submitted a bill approving Sweden's NATO membership bid to parliament for ratification last month, a move welcomed by the alliance and Stockholm. Erdogan also said planned talks in parliament about Turkey's 2024 state budget would now take priority, suggesting that the approval of Sweden's NATO membership might not be rapid. "But we will try to facilitate the work (on ratifying Sweden's NATO bid) as much as possible. Finland's membership was sealed in April, but Sweden's bid had been held up by Turkey and Hungary.

Persons: Tayyip Erdogan, Stockhom, Erdogan, Haberturk, Jason Neely, Gareth Jones Organizations: NATO, Kurdistan Workers Party, Thomson Locations: ANKARA, Stockholm, Turkey, Kazakhstan, embargoes, Sweden, Finland, Ukraine, Hungary

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