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☆ What to watch at Olympics today: Simone Biles is back, LeBron James and Team USA face Serbia
▼ + stars: | 2024-07-28 | by ( Alex Andrejev | ) www.nytimes.com time to read: +8 min

Later, the U.S. men’s basketball team, led by LeBron James, plays Serbia and Nikola Jokić in a matchup of top NBA talent. (Russia — the defending champion in both the men’s and women’s team all-around — is banned from participating in team sports at the Paris Olympics.) The women’s team final is set for 12:15 p.m. One more thing: Durant — a three-time Olympic gold medalist — might finally play after a calf injury sidelined him through the team’s summer exhibitions. The U.S. women’s team wraps up group play with Australia on Wednesday.

Persons: Simone Biles, LeBron James, Nikola Jokić, Biles, Peacock, Sunisa Lee, Jade Carey, Jordan Chiles, Hezly Rivera, you’ve, James, Stephen Curry, Kevin Durant, Jokić, Bogdan Bogdanović, Durant —, —, Trinity Rodman, Valery Hache, Hayes, Michael Phelps ’, Léon Marchand, Michael Phelps, ” Marchand, Phelps ’, Frenchman, — Gretchen Walsh, Qin Haiyang, Adam Peaty, United States ’ Nic Fink, Gretchen Walsh, Caroline Marks, Carissa Moore, John John Florence, hird, aris G ames, adal, aris O lympics Organizations: NBA, NBC, Tokyo, Paris Games, Paris, Olympics, Olympic, U.S ., Bercy Arena, Atlanta Hawks, Serbia, South Sudan, Trinity, Getty, Telemundo, Peacock, U.S, United, Tokyo Games, Australia, Paris La Défense, aris, aris O, aker Locations: France, U.S, Serbia, Germany, Tahiti, Paris, United States, Russia, —, China, Italy, AFP, Zambia, Australia, Spain, Brazil, Japan, Nigeria, Hawaii, Caroline Marks

☆ Five things to watch from the swimming competition at this year’s Olympic Games
▼ + stars: | 2024-07-28 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +9 min

Paris CNN —The first week of the Olympics and with it comes one of the Games’ signature events: Swimming. Here are five things to watch from this year’s swimming competition in Paris. The back-and-forth will take on new life as Aussie and American swimmers take to the pool and compete to take home the most medals. Bronte Campbell, swimming on the Australian’s 4x100-meter freestyle relay team, told reporters: “I really respect our American competitors. “So that was a really, really special event tonight.”

Persons: Paris CNN —, Katie Ledecky, Jean Catuffe, Ledecky, She’ll, She’s, hasn’t, she’s, Titmus, Ledecky’s, Summer McIntosh, Rob Koehler, ”, “, ” CHINADA, Witold Bańka, Caeleb Dressel, ” Dressel, Cate Campbell –, Michael Phelps, Phelps, Campbell, “ It’s, ” Campbell, I’ve, Ian Thorpe of, Chad le Clos, …, ” Phelps, USA’s, Phelps ’, Bronte Campbell, ” Leon Marchand, Leon Marchand, Sarah Stier, Marchand, It’s, Dressel, he’s Organizations: Paris CNN, Team USA, Olympic Games, Paris La Defense, La Défense, New York Times, Tokyo Olympics, Global, CNN, Tokyo, Doping Agency, CHINADA, NBC, USA, Team France, Olympic Locations: Paris, Nanterre, France, Tokyo, La, American, USA, Australian, Ian Thorpe of Australia, South Africa

☆ Olympic moment of the day: Cap-catching lifeguard steals the swimming show
▼ + stars: | 2024-07-28 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +2 min

When American swimmer Emma Weber lost one of her swim caps in the pool, someone needed to fish it out. And it was up to the aforementioned hero lifeguard to plunge into the pool in front of thousands of fans to do the retrieval. Who do you call when a swim cap falls in the pool? “This situation is common at swimming competitions,” a Paris 2024 spokesperson told CNN. For a brief moment on Sunday, we had a look of what that might be like.

Persons: Paris CNN —, Emma Weber, ove, C, rena, ike Organizations: Paris CNN, La, CAP, aris Locations: uman

☆ The showdown that wasn’t: Ariarne Titmus easily bests Katie Ledecky in hotly anticipated rematch
▼ + stars: | 2024-07-27 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

The women’s 400-meter freestyle race, billed as a rematch between rivals Ariarne Titmus of Australia and Katie Ledecky of the US, was one of the most hotly anticipated contests of the first full day of competition in the Paris Games. Titmus had defeated Ledecky three years ago in Tokyo, handing the American her first ever individual Olympic defeat. While the 400m is not Ledecky’s best race, she finished ahead of Titmus in a semifinal heat. “Ariarne and Summer swam really, really well. Titmus, meanwhile, will race in the 200-meter freestyle and Ledecky will also compete in the 1,500-meter freestyle – another one of her top events.

Persons: Ariarne, Katie Ledecky, Titmus, Ledecky, Ledecky’s, Summer McIntosh, “ I’m, Katie, ” Titmus, Australia's Titmus, Quinn Rooney, “, “ Ariarne, haven’t, ” ‘, ’ Titmus, ”, It’s, Adam Pretty, it’s Organizations: France CNN, Paris Games Locations: Nanterre, France, Australia, Tokyo, Titmus, La, Paris, McIntosh

☆ 2024 Paris Olympics viewer’s guide: NBC’s plans, Snoop Dogg, and the big ratings question
▼ + stars: | 2024-07-24 | by ( Richard Deitsch | ) www.nytimes.com time to read: +18 min

Follow our Olympics coverage in the lead-up to the Paris Games. The Paris Games will have more programming hours on the NBC broadcast network than any previous Olympics. NBC is upping its celebrity presence for its Olympic coverage in Paris, headlined by Snoop Dogg. “Research shows that it is a challenge to keep viewers after 10 p.m. ET,” NBC Olympics producer Rob Hyland said. NBCUniversal owns the U.S. media rights to the Olympic Games through 2032, so Paris (2024), Milan-Cortina (2026), Los Angeles (2028) and Brisbane (2032).

Persons: Peacock, Molly Solomon, NBC’s, “, ” Solomon, Solomon, Snoop, Snoop Dogg, Christian Petersen, Kelly Clarkson, Peyton Manning, Mike Tirico, Alex Cooper, Leslie Jones, Kevin Hart, Kenan Thompson, Colin Jost, Cooper, Simone Biles, Manning, Ryan Crouser, Jones, Katie Ledecky, Sha’Carri Richardson, Lily Collins, Anna Hall, Ledecky, LeBron James, Sydney McLaughlin, Kelly Campbell, Peacock’s, Scott Hanson, Andrew Siciliano, Jac Collinsworth, Matt Iseman, Akbar Gbajabiamila, ”, Al Michaels, Mark Lazarus, Sanya Richards, Ross, Rowdy Gaines, Tim Daggett, Laurie Hernandez, Samantha Peszek, Misty, Julie Foudy, Dwyane Wade, LaChina Robinson, Michael Phelps, Dan Hicks, Gaines, Maddie Meyer, they’ll, Rob Hyland, Andres Cantor, Rebecca Lowe, Craig Melvin, Ahmed Fareed, Damon Hack, Maria Taylor, Cara Banks, Laura Britt, Trenni Casey, Lindsay Czarniak, Carolyn Manno, Kathryn Tappen, John Roethlisberger, “ John, He’s, …, breaststroker Lilly King wagged, Ryan Murphy, Sunny Choi, Victor Montalvo, Joe Gesue, Ron Vaccaro, NBCU, it’s, NBCUniversal, Rick Cordella, Dan Goldfarb, Stuart Franklin Organizations: Paris, NBC, Paris Games, U.S, Tokyo Olympics, Olympics, NBC Olympics, NBC’s, Getty, NBC Sports, Tokyo Games, Beijing, Games, USA, CNBC, Golf Channel, Telemundo, Universo, NBCOlympics.com, “, ”, NFL, NBCUniversal Media, Paris La Défense, Research, Olympic, Grand Palais, Concorde, NBC Sports ’, Olympic Games, Cortina Locations: Paris, Beijing, Pyeongchang, South Korea, Central, Pacific, U.S, Paris ”, Teahupo’o, Tahiti, Rio de Janeiro, Brazil, China, Rio, Tokyo, Peacock, United States, Versailles, Grand, London, Russian, Norway, South Carolina, Milan, Los Angeles, Brisbane, French

☆ Paris 2024 venues: Where every sport is being held at the Olympic Games
▼ + stars: | 2024-07-22 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +9 min

The Olympic Games are coming to the French capital and homes have been found for all 32 sporting disciplines. Breaking, the newest Olympic sport, will take place at La Concorde and will share the area with 3x3 basketball, skateboarding and freestyle BMX. It will become the Olympic Stadium for the duration of the Games, welcoming track and field (athletics) and rugby sevens. Olympic tennis will naturally take place here, but its centerpiece – Court Philippe Chatrier – will also play host to boxing bouts. Emmanuel Dunand/AFP/Getty ImagesSoccer will cover the most ground of any sport at the Games, with matches being held in seven different stadiums across the country.

Persons: CNN —, Catherine Steenkeste, de Mars, Sarah Meyssonnier, Napoleon Bonaparte, Stade Roland Garros, Philippe Chatrier –, Philippe, Chatrier, Emmanuel Dunand, Germain, Sean M, Blanc Marina, Pierre Mauroy, Pont Alexandre III, Anne, Christine Poujoulat, Yves du, de, Boris Horvat, Geoffroy, Guichard, Stade, Pascal Le Segretain Organizations: CNN, Olympic Games, Aquatics Center, Nations, Eiffel, Reuters, des, Concorde, La Concorde, Chesnot, Getty, Stade de France, UEFA Champions League, Games, Southwest, Stade, Parc des Princes, Paris Saint, Paris, Marseille, Stade Vélodrome, Princes, Aquatics, Chapelle, North Paris Arena, Stade Roland, Palais, Yves du Manoir, South Paris, de Mars, La Chapelle, Nautical, Rugby, Marseille Marina Sailors, Concorde Soccer, Bordeaux, Nice, Parc de Princes Sport, Le, La, Tennis, Garros, Pont Alexandre III Volleyball, Water, Paris La Défense, Wrestling Locations: Paris, France, – Paris, Seine, Versailles, des Invalides, ”, Light, AFP, Parc des, Tahiti, Polynesia, Marseille, Blanc, Bordeaux, Saint, Lyon, Nantes, Nice, Lille, Yvelines, de Versailles, Parc, Le Bourget

☆ Swimming at the 2024 Paris Olympics: U.S. hopes, schedule and how to watch
▼ + stars: | 2024-07-22 | by ( Zack Pierce | ) www.nytimes.com time to read: +8 min

ET) W 100m fly W 100m fly semis (2:30 p.m.) W 400m free M 400m free (2:42 p.m.) M 100m breast W 400m free (2:52 p.m.) M 400m free M 100m breast semis (3:12 p.m.) W 4x100m free W 4x100m free (3:34 p.m.) M 4x100m free M 4x100m free (3:44 p.m.) July 28 Heats Semis/finals (approx. ET) M 200m free M 400 IM (2:30 p.m.) M 400m IM W 100m fly (2:40 p.m.) W 100m breast M 200m free semis (2:46 p.m.) M 100m back W 100m breast semis (3:10 p.m.) W 200m free M 100m back semis (3:32 p.m.) M 100m breast (3:44 p.m.) W 200m free semis (3:50 p.m.) July 29 Heats Semis/finals (approx. ET) M 200m fly M 100m free semis (2:30 p.m.) M 100m free M 200m fly semis (2:42 p.m.) W 1,500m free W 100m back (2:56 p.m.) W 100m free M 800m free (3:02 p.m.) M 200m breast W 100m free semis (3:25 p.m.) M 4x200m free M 200m breast semis (3:47 p.m.) M 4x200m free (4:01 p.m.) July 31 Heats Semis/finals (approx. ET) W 200m breast W 100m free (2:30 p.m.) M 200m back M 200m fly (2:36 p.m.) W 200m fly W 200m fly semis (2:43 p.m.) W 1,500m free (3:07 p.m.) M 200m back semis (3:37 p.m.) W 200m breast semis (3:51 p.m.) M 200m breast (4:15 p.m.) M 100m free (4:22 p.m.) Aug. 1 Heats Semis/finals (approx. ET) M 100m fly M 50m free (2:30 p.m.) W 200m IM W 200m back (2:30 p.m.) W 800m free M 200m IM (2:43 p.m.) Mixed 4x100m medley M 100m fly semis (3 p.m.) W 200m IM semis (3:22 p.m.) Aug. 3 Heats Semis/finals (approx.

Persons: Katie Ledecky, Caeleb Dressel, Dressel, Regan Smith, Gretchen Walsh, Kate Douglass, Lilly King, Simone Manuel, Torri Huske, Alex Walsh, Katie Grimes, Grimes, Bobby Finke, Chase, Ryan Murphy, Kieran Smith, Thomas Heilman, Chris Guiliano, There’s, Ariarne, Summer McIntosh, Ledecky, McIntosh, Titmus, Erika Fairweather, Fairweather, swimming’s, Maddie Meyer Organizations: U.S ., Olympic, Paris La Défense, NBC, Telemundo, Universo, USA, U.S, Ledecky, Notre Dame, didn’t, June’s U.S Locations: Paris, Tokyo, USA, Chase Kalisz, East Germany, Ledecky

☆ I spent about $1,000 to see Taylor Swift in Paris instead of the U.S. and it was absolutely worth the money
▼ + stars: | 2024-07-12 | by ( Tasia Jensen | ) www.cnbc.com time to read: +4 min

Last year, a resale ticket to Taylor Swift's record-breaking Eras Tour cost an average of $2,183. I had never considered spending so much on live music before, but the Eras Tour featured songs spanning her entire career. I had been listening to Taylor Swift since I was about 14 years old and leaned on her music as I grew up. A few months later, Taylor Swift, now officially a billionaire, announced a European leg of her 2024 tour. For less money than Taylor Swift tickets were re-selling for in the U.S., I was able to eat tapas in Barcelona's Gothic Quarter and dine on sugar-dusted crepes with a view of the Eiffel Tower.

Persons: Taylor Swift's, Taylor Swift, Swift, StubHub, Tasia Jensen Organizations: Ticketmaster, New, Défense, Eiffel Locations: New York, Paris, States, Europe, Barcelona, Morocco, Spain, France, U.S

☆ Europe markets head for higher open as more U.S. inflation data rolls in
▼ + stars: | 2024-07-12 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Skyscrapers in the La Defense business and financial district in Paris, France, on Monday, June 3, 2024. LONDON — European stocks are set to nudge higher at Friday's open, defying a broader global selloff, with fresh inflation data set to land. Reaction to the historic French and U.K. elections dominated the start of the week, but attention has moved to a flurry of inflation data. On Thursday, the U.S. consumer price index declined more than expected to 3% annually, down from 3.3% in May. The data will be followed up by the U.S. producer price index Friday, while German, French and Italian inflation readings will also be released.

Persons: Germany's DAX, Jerome Powell Organizations: La Defense, LONDON, MIB, CAC, Federal Locations: Paris, France, U.S

☆ NATO allies are chasing new long-range weapons to fill a critical missile gap as the US plans deep-strike deployments
▼ + stars: | 2024-07-11 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewSeveral NATO allies have agreed to a plan to develop new long-range missiles that are intended to fill capability gaps that have become increasingly noticeable as Russia wages its war in Ukraine. The new initiative among these NATO allies is focused on developing ground-launched cruise missiles with ranges is excess of 500 kilometers. In both cases, the shift toward improving long-range capabilities on European soil further signals NATO's understanding of critical gaps in its arsenal highlighted by the Ukraine war. Responding to US plans to deploy deep-strike capabilities in Germany, among other NATO actions, Kremlin spokesperson Dmitry Peskov said: "This is a very serious threat to the national security of our country." "All of this," he said, "will require us to take thoughtful, coordinated, effective responses to deter NATO, to counteract NATO."

Persons: —, Sebastien Lecornu, Lecornu, Zachary Anderson, 🇫🇷🇩🇪 🇮🇹🇵🇱 pou, ike o ptions, sian, ike, ona Organizations: Service, NATO, Business, French, US Navy, Reuters, kr, rit Locations: Russia, Ukraine, Germany, France, Poland, Italy, Europe, guerre, à Washington

☆ Slamming China over its stance on Russia and the war, Ukraine might have made a big miscalculation
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.

Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S

☆ I flew from LA to Paris to see Taylor Swift. I was only in the city for 48 hours but it was worth it and easier than I expected.
▼ + stars: | 2024-05-18 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +10 min

AdvertisementFlying nonstop from LA to Paris on Air France was a breezeI flew from LA to Paris on Thursday, May 9, and only had to take two days off work — not bad for a trip to Europe. Free wine on Air France with dinner and "Lord of the Rings" made the flight to Paris easy. AdvertisementParis was full of Taylor Swift fansThe scaffolding in the forefront of the photos is part of the Olympics set up. We took an Uber to La Defense Arena, located northwest of the city center and about 15 minutes from our hotel. When the countdown appeared on the screen for Swift, we went to our actual seats, which were right outside the lounge, stage left.

Persons: —, Taylor Swift, Rascal Flatts, Kelsey Vlamis, Swift, Taylor, she's Organizations: Service, Business, Air France, Air, LAX, La Defense, Eiffel, Poets Department, Sunday Locations: Los Angeles, Paris, LA, Europe, Air France, sparkles, France

☆ International Disney parks target U.S. customers with American influencers and bloggers
▼ + stars: | 2024-05-17 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +6 min

As they were originally conceived, Disney's international parks were meant to "bring the unforgettable Disney magic to an international audience," according to the company. While the international parks themselves have always taken steps to accommodate diverse audiences — providing shows and attractions in multiple languages — Disney appears to be marketing the international parks to American audiences in more direct ways. In addition to the content creator efforts, Disney has begun to include its international parks in its own content consumed by Americans. In the Disney+ show "Behind the Attraction," which premiered in 2021, numerous variations on American rides at international parks were discussed and digested for American audiences. Disney creators around the world grew their followings, and demand for content from international Disney parks rose alongside them.

Persons: Peter Pan, Disney, Quincy Stanford, AllEars, Stanford, Emma Kenner, Kenner, Taylor Swift, Rolling Stone Organizations: Disney, Tokyo Disney, YouTube, Disney Parks, NBC, Tokyo Disneyland, Magic, Tokyo Disney Resort, Stanford, Walt Disney Co, Paris La Défense, Rolling, Swift Locations: China, Japan, Tokyo, Shanghai, Hong Kong, U.S, California, Florida, Tokyo ., Paris

☆ SocGen issues 10-mln-euro digital green bond on a public blockchain
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

A logo of French bank Societe Generale is seen on the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Dec 4 (Reuters) - Societe Generale , France's third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public blockchain, as the lender seeks to build expertise in crypto services. AXA IM made the investment in the digital green bond by acquiring and then spending 5 million euros worth of SocGen's euro-denominated stablecoin, EUR CoinVertible (EURCV). SocGen's bond issuance, made on the Ethereum public blockchain, follows the launch last week by the European Investment Bank (EIB) of its second euro-denominated digital bond on a private blockchain, in partnership with Goldman Sachs Bank Europe, Santander and SocGen. SocGen's digital green bond issuance was made via its crypto unit, Forge.

Persons: Gonzalo Fuentes, Generali, SocGen, Blockchain, Mathieu Rosemain, Bernadette Baum Organizations: Societe Generale, La Defense, REUTERS, Rights, AXA Investment, AXA, Generali Investments, European Investment Bank, Goldman Sachs Bank Europe, SocGen, Thomson Locations: La, Paris, France, Santander

☆ Wordline shares surge on report Credit Agricole could take stake
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

The logo of payments company Worldline is seen at the company headquarters in the financial and business district of La Defense, near Paris, France, October 26, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Dec 1 (Reuters) - Shares in Worldline (WLN.PA) surged almost 12% on Friday after a media report said Credit Agricole (CAGR.PA) was considering acquiring a stake in the French payment processing company. Other French financial institutions could also look at playing a role in Worldline's future, Bloomberg added, citing some of the people. Italian payments company Nexi (NEXII.MI) last month confirmed its guidance while the Netherlands' Adyen (ADYEN.AS) reassured the market with its "more realistic" medium-term guidance. Worldline shares have fallen more than 58% this year.

Persons: Gonzalo Fuentes, Piotr Lipinski, Sharon Singleton, Kirsten Donovan Organizations: La Defense, REUTERS, Rights, Bloomberg, Credit, Thomson Locations: La, Paris, France, Worldline, Germany, cybercrime, Netherlands

The logo of payments company Worldline is seen at the company headquarters in the financial and business district of La Defense, near Paris, France, October 26, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsLONDON/PARIS, Dec 1 (Reuters) - French digital payments company Worldline (WLN.PA) is considering options including asset sales as part of efforts to reassure shareholders after a sharp drop in its share price, three people familiar with the matter said. Another said assets sales may come from its software businesses but suggested these might not be sizeable enough to revitalise its shares. Other French banks could also partner with Credit Agricole for a role in Worldline's future, this person added. Bloomberg first reported Credit Agricole's interest in buying a stake in Worldline, prompting its shares to soar by almost 12% earlier on Friday.

Persons: Gonzalo Fuentes, Worldline, Adyen, Tommaso Nieddu, Amy, Jo Crowley, Mathieu Rosemain, Pablo Mayo Cerqueiro, Diana Mandiá Álvarez, Gaëlle Sheehan, Kirsten Donovan Organizations: La Defense, REUTERS, Worldline's Mobility, Worldline, Credit Agricole SA, Credit Agricole, Bloomberg, Credit, Thomson Locations: La, Paris, France, PARIS, Germany, appeasing, Worldline's, U.S, Worldline

☆ Nigeria restores 275,000 bpd production at TotalEnergies JV
▼ + stars: | 2023-11-12 | by ( Camillus Eboh | ) www.reuters.com time to read: +2 min

A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. "The unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275,000 barrels of oil per day production," NNPC said. NNPC did not disclose the nature of the dispute or the workers' demands, which had not been previously announced. Nigeria's oil production stood at 1.49 million barrels per day in October, according to data from the petroleum regulator, still below the 2023 budget target of 1.69 million bpd. That has led to fears that NNPC may struggle to supply crude to the 650,000 bpd Dangote Refinery, which has missed several targets to start production.

Persons: Sarah Meyssonnier, NNPC, Camillus, Giles Elgood Organizations: La Defense, REUTERS, Rights, NNPC, Petroleum, Natural Gas Senior Staff Association, Nigerian Union of Petroleum, Natural Gas Workers, Dangote, Reuters, Thomson Locations: Courbevoie, Paris, France, Rights ABUJA, TotalEnergies

☆ Allianz retains full-year outlook despite 30% slump in Q3 profit
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau/File Photo Acquire Licensing RightsFRANKFURT, Nov 10 (Reuters) - Germany's Allianz (ALVG.DE) on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintained its full-year profit outlook. Net profit attributable to shareholders of 2.021 billion euros ($2.16 billion) in the three-month period ended September, compared with 2.866 billion euros a year earlier. Allianz, one of Europe's largest financial services groups, described the level of claims as "exceptionally high". Still, the company stuck to its target of 2023 operating profit between 13.2 billion and 15.2 billion euros.

Persons: Charles Platiau, Tom Sims, Christina Amann, Linda Pasquini, Miranda Murray, Sherry Jacob, Phillips Organizations: Allianz, La Defense, REUTERS, Rights, Germany's Allianz, Thomson Locations: Puteaux, La, Paris, France, Ukraine, Continental Europe, Germany, Italy, Austria

NII at the French retail division fell by 27% in the quarter, excluding two regulated savings accounts, "well below expectations," JP Morgan said in a note to clients. The French lender said it now saw NII of its French retail, private banking and insurance division falling by more than 20% in 2023. The French retail division's earnings also suffered from hedging contracts against the risks of low interest rates. SocGen's shares had edged up 0.6% by 0924 GMT. The bank has also finalised the merger of its two French retail networks.

Persons: Gonzalo Fuentes, JP Morgan, SocGen, Slawomir Krupa, Jefferies, Krupa, ALD, Mathieu Rosemain, Silvia Aloisi, Ingrid Melander, Emelia Organizations: Societe Generale, La Defense, REUTERS, European Central Bank, BNP, Deutsche Bank, Barclays, Thomson Locations: La, Paris, France

☆ Clifford Chance's lawsuit against SocGen can continue in London, court rules
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +1 min

A logo of French bank Societe Generale is seen on the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. Societe Generale's case against Goldas was ultimately dismissed, prompting the bank to accuse Clifford Chance of negligence. Clifford Chance applied to London's High Court for a declaration that it was not liable to Societe Generale for any alleged negligence or breach of duty. "The dispute concerns whether or not an English firm of solicitors were negligent in their conduct of English law litigation in the English High Court," the judge said. Clifford Chance and Societe Generale declined to comment.

Persons: Gonzalo Fuentes, Clifford Chance's, Clifford Chance, Goldas, Judge Andrew Henshaw, Sam Tobin, Kirsten Donovan Organizations: Societe Generale, La Defense, REUTERS, France –, Generale's, High, Thomson Locations: La, Paris, France, London

☆ Pentagon warns about China’s growing long-range missile arsenal in major report
▼ + stars: | 2023-10-19 | by ( Oren Liebermann | ) edition.cnn.com time to read: +4 min

The 2023 China Military Power report, released annually by the Defense Department, said that Beijing has also completed the construction of three new fields of long-range ballistic missiles silos as it builds out its options for delivering a nuclear warhead from different platforms. China uses its military might to assert its claims of sovereignty in the South China Sea and beyond, including Taiwan. In 2022, the Chinese military increased its aggressive actions towards the independent island territory, including ballistic missile overflights, military aircraft flying into Taiwan’s aerial identification zone and major exercises near Taiwan. The growing aggression isn’t only pointed at Taiwan or China’s neighbors. Chinese military pilots have ramped up their “coercive and risky” behavior against US aircraft flying over the East and South China in the last two years.

Persons: ”, Xi Jinping, ” Ely Ratner, “, Aquilino Organizations: CNN, Pentagon, Defense Department, National Defense Strategy, America, East, Defense, Pacific Security Affairs, PLA, PLA’s Joint Staff Department Locations: China, United States, Beijing, South, Taiwan, South China, Fiji

☆ Planisware postpones Euronext, marking third European float fail in a week
▼ + stars: | 2023-10-11 | by ( Nathan Vifflin | ) www.reuters.com time to read: +1 min

The Euronext stock exchange is pictured at the La Defense business district in Paris, France, September 30, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 11 (Reuters) - French software company Planisware said on Wednesday it would postpone its initial public offering on Euronext Paris, despite closing the books on the same day, making it the third European float to fail in a week. Planisware follows the steps of German gearbox supplier Renk, which pulled its listing last week despite having indicated its share pricing, also citing a "clouded" market environment. Another German company, DKV Mobilit, on Tuesday postponed its listing until next year, citing an uncertain market environement. Earlier on Wednesday, a bookbuilder said Planisware had priced its shares at 16 euros ($16.98) each, the lower end of the 16-18 euro bracket indicted last week.

Persons: Benoit Tessier, Planisware, Pierre Demonsant, DKV, Nathan Vifflin, Kirsten Donovan, Sharon Singleton Organizations: La Defense, REUTERS, Euronext Paris, Thomson Locations: Paris, France

☆ Planisware shares priced at 16 euros in Euronext's biggest IPO in two years
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

The Euronext stock exchange is pictured at the La Defense business district in Paris, France, September 30, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 11 (Reuters) - French software company Planisware has priced its shares at 16 euros ($16.97) each for its initial public offering announced last week, a bookrunner said on Wednesday, making it the largest IPO on Euronext Paris in the last two years. The IPO aims to "strengthen Planisware’s position across strategic markets by increasing its market visibility and brand awareness." The group previously said it aimed for a valuation of between 1.11 billion euros ($1.17 billion) and 1.25 billion euros, with a price bracket of 16 to 18 euros per share. The company's shares are due to begin trading on Oct. 16 on Euronext Paris.

Persons: Benoit Tessier, Nathan Vifflin, Diana Mandià, Alison Williams, Louise Heavens Organizations: La Defense, REUTERS, Euronext Paris, Airbus, Philips, Ford, Pfizer, Thomson Locations: Paris, France, Planisware

☆ Banks behind 70% jump in greenwashing incidents in 2023 -report
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Stephanie Lecocq/File Photo Acquire Licensing RightsLONDON, Oct 3 (Reuters) - The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial institutions accounted for most of those instances, and much of the greenwashing involved claims about fossil fuels. "Over 50% of these climate-specific greenwashing risk incidents either mentioned fossil fuels or linked a financial institution to an oil and gas company. The European Banking Federation did not respond to a request for comment on the increasing number of greenwashing incidents found by RepRisk. The banking and financial services industry is second only to oil and gas for the number of greenwashing incidents, RepRisk said.

Persons: Stephanie Lecocq, RepRisk, greenwashing, Tommy Reggiori Wilkes, Mark Potter, Jan Harvey Organizations: La Defense, REUTERS, UK Finance, European Banking Federation, watchdogs, Thomson Locations: Paris, France

☆ TotalEnergies says will pay more to shareholders as oil, gas output rises
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Sept 27 (Reuters) - French energy goup TotalEnergies (TTEF.PA) said on Wednesday that it would increase returns to shareholders and planned to raise its oil and gas production by 2 to 3% per year over the next five years. The group said at an investor day that it expects to distribute about 44% of its cash flow to shareholders in 2023 and set a target of more than 40% beyond 2023. TotalEnergies also announced positive results at an exploration well in Namibia, to be confirmed by another flow test, and said further appraisal wells and prospects would be drilled. Analysts had said they were particularly keen to hear more about the French energy group's recent exploration activity offshore Namibia - which has no oil and gas output now but could become one of the top 15 oil producers by 2035.

Persons: Gonzalo Fuentes, TotalEnergies, Benjamin Mallet, Forrest Crellin, Sudip Kar, Gupta, Ingrid Melander, Emelia Sithole Organizations: La Defense, REUTERS, Rights, Thomson Locations: La, Paris, France, Namibia

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