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[1/2] French police and firefighters stand in front of the Gambetta-Carnot school, where French teacher Dominique Bernard was killed in a knife attack on Friday, after the school was evacuated following a bomb alert in Arras, northern France, October 16, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsARRAS, France, Oct 16 (Reuters) - A high school in Arras, northern France, where a French teacher was fatally stabbed on Friday, was evacuated on Monday morning following a bomb alert, according to a Reuters photographer who was at the location. After the bomb alert on Monday, teachers, some of them in tears and holding each other, left the building, as did pupils who had come to lay flowers in tribute to Bernard. As a police bomb squad arrived, teachers and students gathered in the courtyard of a building opposite their school as civil protection personnel comforted them. Reporting by Pascal Rossignol; Writing by Ingrid Melander; Editing by Toby Chopra, Sudip Kar-Gupta and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Gambetta, Carnot, Dominique Bernard, Pascal Rossignol, Gerald Darmanin, Lycee Gambetta, Emmanuel Macron, Macron, Bernard, Ingrid Melander, Toby Chopra, Sudip Kar, Gupta, Bernadette Baum Organizations: REUTERS, Lycee, Thomson Locations: Arras, France, ARRAS, Israel
[1/2] French police and fire fighters secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsPARIS, Oct 13 (Reuters) - A teacher was killed and several people injured in a knife attack in a school in the northern France city of Arras on Friday, BFM TV said. Local police confirmed there had been a knife attack. Citing a police source, BFM TV reported the attacker was about 20 years old and could have been a former pupil. BFM TV said the person killed was a French language teacher, while a sports teacher was stabbed and injured.
Persons: Lycee Gambetta, Carnot, Pascal Rossignol, BFM, Allahu Akbar, Gerald Darmanin, Michel Rose, Charlotte Van Campenhout, Tassilo Hummel, Ingrid Melander, Richard Lough Organizations: Lycee, REUTERS, Rights, Local, Police, Thomson Locations: Arras, France, French
[1/5] French police and fire fighters secure the area after a teacher was killed and several people injured in a knife attack at the Lycee Gambetta-Carnot high school in Arras, northern France, October 13, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsARRAS, Oct 13 (Reuters) - A teacher was killed in a knife attack in a school in the northern France city of Arras on Friday and the investigation was handed to the anti-terrorism prosecutor's office. The regional Pas-de-Calais authority said the suspected assailant, who also wounded a second teacher and a school security guard in the attack, was arrested. The suspect was a Russian-born Chechen and former student of the Lycee Gambetta high school where the attack happened, a police source said. BFM TV also said the person killed was a French language teacher, while a sports teacher was stabbed and injured.
Persons: Lycee Gambetta, Carnot, Pascal Rossignol, Allahu Akbar, Martin Doussaut, Emmanuel Macron, Macron, Samuel Paty, Mohammad, Layli Foroudi, Michel Rose, Charlotte Van Campenhout, Tassilo Hummel, Benoit van Overstraeten, Ingrid Melander, Richard Lough, Deborah Kyvrikosaios Organizations: Lycee, REUTERS, Police, Reuters, du, Thomson Locations: Arras, France, ARRAS, Calais, Russian, French, Israel, Gaza, Paris, Chechen
REUTERS/Wolfgang Rattay Acquire Licensing RightsPARIS, Oct 12 (Reuters) - President Emmanuel Macron will meet political party leaders on Thursday and address the nation on TV to call for unity and try to prevent any spillover of the Israeli-Palestinian conflict in France, where there has been a rise in antisemitic acts. France has Europe's largest Muslim and Jewish populations and the Israeli-Palestinian conflict has in the past contributed to tensions between the two. Antisemitic acts have risen in France since Hamas attacked Israeli towns on Saturday, killing more than 1,300 people, Interior Minister Gerald Darmanin said. Israel has responded by launching the most powerful bombing campaign on Gaza, ruled by Hamas, in the 75-year history of the Israeli-Palestinian conflict, killing more than 1,200 and destroying whole neighbourhoods. Darmanin said France had seen a spike in online hatred but also more direct threats.
Persons: Emmanuel Macron, Olaf Scholz, Wolfgang Rattay, Gerald Darmanin, Darmanin, Esther, Eitan, Macron, Ingrid Melander, Nicolas Delame, John Irish, Elizabeth Pineau, Janet Lawrence Organizations: REUTERS, Rights, Hamas, France Inter, Israel, Thomson Locations: Hamburg, Germany, France, Israel, Gaza, Darmanin, Palestinian, French
BRUSSELS, Oct 12 (Reuters) - Defence ministers at NATO's Brussels headquarters watched stunned as their Israeli counterpart Yoav Gallant on Thursday showed them "shocking" and "horrific" video from the Hamas attack on Israeli civilians, diplomats said. Gallant, who remotely attended the one-hour NATO session, briefed ministers on the attack and showed them what the Times of Israel, which was the first to report on it, called an "uncensored video of Hamas atrocities". In a statement after the session with Gallant, NATO Secretary General Jens Stoltenberg declared: "Israel does not stand alone." On Wednesday, Stoltenberg said Israel had the right to defend itself and NATO expected its response to the Hamas attack to be proportionate. There was no immediate comment from the Turkish delegation to NATO or the Turkish foreign ministry.
Persons: Yoav Gallant, Israel, Gallant, Germany's Boris Pistorius, Jens Stoltenberg, Stoltenberg, Sabine Siebold, Andrew Gray, Ingrid Melander, Mark Heinrich Our Organizations: NATO's Brussels, NATO, Israel, Turkish, Thomson Locations: BRUSSELS, Gaza, of Israel, Germany, Israel, Turkey
People walk past the Louis Vuitton store at Miami Design District, in Miami, Florida, U.S. November 30, 2021. REUTERS/Marco Bello Acquire Licensing RightsPARIS, Oct 10 (Reuters) - Luxury goods bellwether LVMH (LVMH.PA) reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as a strong wave of post-pandemic spending eases due to rising inflation and economic turbulence. “After three roaring years, and outstanding years, growth is converging toward numbers that are more in line with historical average", LVMH chief financial officer Jean-Jacques Guiony told analysts. The fashion and leather goods division, home to Louis Vuitton and Dior, recorded sales growth of 9%, compared to analysts' expectations for 10% growth. LVMH is the first major global luxury firm to report earnings this quarter and gives investors an insight into what to expect from rivals.
Persons: Louis Vuitton, Marco Bello, Jean, Jacques Guiony, Tiffany, Bulgari, Hennessy, Luca Solca, Bernstein, Guiony, Mimosa Spencer, Ingrid Melander, Josie Kao Organizations: Miami Design District, REUTERS, Rights, Dior, Champagne, drugmaker Novo Nordisk, U.S ., Thomson Locations: Miami , Florida, U.S, United States, Europe, China
People walk past the Louis Vuitton store at Miami Design District, in Miami, Florida, U.S. November 30, 2021. REUTERS/Marco Bello Acquire Licensing RightsPARIS, Oct 10 (Reuters) - Luxury goods bellwether LVMH (LVMH.PA) reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as strong wave of post-pandemic spending eases up amid a backdrop of rising inflation and economic turbulence. LVMH, which owns labels including Louis Vuitton, Dior, Tiffany and Bulgari, said that revenue came to 19.96 billion euros ($21.16 billion), up 9% year-on-year, stripping out the effect of currency fluctuations and acquisitions. The fashion and leather goods division, home to Louis Vuitton and Dior, recorded sales growth of 9%, compared to analysts' expectations for 10% growth. LVMH is facing slowing demand for high end goods in the United States and Europe, where rising prices have prompted shoppers — especially younger generations — to pull back from a post-pandemic spending euphoria, while the recovery in China has been uneven.
Persons: Louis Vuitton, Marco Bello, Tiffany, Bulgari, Hennessy, LVMH, Luca Solca, Bernstein, Mimosa Spencer, Ingrid Melander, Josie Kao Organizations: Miami Design District, REUTERS, Rights, Dior, Champagne, drugmaker Novo Nordisk, Thomson Locations: Miami , Florida, U.S, United States, Europe, China
PARIS, Oct 10 (Reuters) - Young Israeli reservists queued up at Paris' main airport on Tuesday to fly back home, speaking of their shock at the Hamas attacks and determination to fight. Israeli media said deaths from Saturday's Hamas attacks had reached 900, mostly civilians gunned down in homes, on streets or at a desert dance party. I think I'm ready for war," said Eden, who had arrived in France one month earlier for work. El Al (ELAL.TA) and Israir Airlines (ISRG.TA) have added more flights to bring reservists back to the country, after Israel said on Monday it had called up an unprecedented 300,000 reservists. It was shocking because we weren't expecting it at all," 26-year-old Shimone said of Saturday's attacks.
Persons: Eden, Charles, El Al, Israel, Shimone, They've, Clotaire Achi, Ingrid Melander, Christina Fincher Organizations: Young, Israir Airlines, Thomson Locations: Paris, Gaulle, France, Vietnam, Bangkok
The rear light of a Dacia Spring electric car is pictured during the Brand Manifesto Dacia event at Le Bourget near Paris, France, September 13, 2022. REUTERS/Gilles Guillaume/File Photo Acquire Licensing RightsPARIS, Oct 10 (Reuters) - Automakers will from Tuesday submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under new conditions that are likely to edge out many Chinese models. Tesla's Model Y and Model 3, and the Dacia Spring are among the EV models most sold in France, and they are built in China, as is the increasingly popular MG4, built by China's SAIC group. The government subsidy for electric cars stands at 5,000 euros ($5,270) for most households, and 7,000 for poorer ones. Car producers should get a response around Dec. 15 and will be allowed to appeal any negative decision.
Persons: Gilles Guillaume, Ingrid Melander, Mark Potter Organizations: REUTERS, Rights, China's SAIC Locations: Dacia, Le, Paris, France, Asia, China, Italy
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
PARIS, Sept 26 (Reuters) - French authorities have received a software update from Apple (AAPL.O) for its iPhone 12 and are reviewing it, a source at the French digital ministry told Reuters on Tuesday, as the U.S. tech giant sought to avoid any risk of a costly recall. France had threatened a recall if Apple had refused to do a software update. Apple launched the iPhone 15 earlier this month and the iPhone 12 is not available to buy from Apple directly. The iPhone 12 update is set to be similar to any of these regular software fixes. Apple pings iPhones for eligible software updates and users install them.
Persons: Apple, pings, Elizabeth Pineau, Supantha Mukherjee, Benoit Van Overstraeten, Ingrid Melander, Sharon Singleton Organizations: Apple, Reuters, World Health, Thomson Locations: U.S, France, Europe, Belgium
Paris' tourism office expects some 16 million people to visit the wider Paris region for the Olympics and Paralympics. If they put their (homes) on Airbnb and there is enough housing, prices will stay within reason," Chesky said. "If not enough people put their homes on Airbnb and people don't have enough ... hotels and they can't build more hotels, that's going to increase prices." "So while hotel prices are going up, I will make sure that Airbnb is more affordable than hotels for the equivalent amount of space when people are travelling for Paris for the Olympics. Reporting by Elizabeth Pineau; Writing by Ingrid Melander; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
Persons: Emmanuel Dunand, Brian Chesky, Chesky, Elizabeth Pineau, Ingrid Melander, Alison Williams Organizations: Olympics, Rights, Reuters, Games, Thomson Locations: Paris, France, Airbnb
There were light moments too, with Queen Camilla and President Emmanuel Macron's wife, Brigitte, trying their hand at table tennis as French youngsters looked on. Here's the latest:* Camilla also tried her hand at weaving at French luxury house Chanel's 19M workshop, with Brigitte Macron and Chanel CEO Leena Nair watching. * Queen Camilla and French President Emmanuel Macron's wife Brigitte played table tennis together at a sports centre outside of Paris - not that successfully. The royal couple and Brigitte Macron chatted with youngsters at the Saint-Denis sports centre. [1/9]Britain's Queen Camilla plays table tennis next to Britain's King Charles, Brigitte Macron, wife of French President Emmanuel Macron as they meet local youth sports associations in Saint-Denis near Paris, on the second day of their State visit to France, September 21, 2023.
Persons: King Charles, Queen Camilla, Emmanuel Macron's, Brigitte, Camilla, Brigitte Macron, Leena Nair, Charles, Germain, King Charles III ., Nasser Al, Khelaifi, Denis, Brigitte Macron chatted, Britain's King Charles, Emmanuel Macron, REUTER, Hannah McKay, Queen Elizabeth, France's, Macron, Dominique Vidalon, Ingrid Melander, Elizabeth Pineau, Michel Rose, Johnny Cotton, Michael Holden, Blandine, Sharon Singleton Organizations: French, Paris Saint, King Charles III . Club, Saint, Entente, Notre, Dame, Thomson Locations: Britain, France, Saint, Paris, British, Ukraine, entente, United Kingdom, Versailles
King Charles arrives in France for state visit
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +4 min
[1/3] French Prime Minister Elisabeth Borne greets Britain's King Charles ( and Britain's Queen Camilla upon arrival at the Orly Airport on September 20, 2023, on the first day of a state visit to France. Here's the latest:* The plane carrying Charles and Camilla has landed at Paris' Orly airport, where they were greeted by French Prime Minister Elisabeth Borne. Charles and Camilla tweeted in English and French, along with a video of Charles getting on the plane. Your Majesty, welcome," Macron tweeted in English, alongside a video clip of Charles' past visits to France. Macron and Charles have in particular shared correspondence and insight on the restoration of the Notre-Dame cathedral, ravaged by fire in 2019.
Persons: Elisabeth Borne, Britain's King Charles, Queen Camilla, MIGUEL MEDINA, King Charles, Emmanuel Macron, Charles, Camilla, Borne, Mireille, Queen Elizabeth, Parisian Marie, Helene Aubree, Eric Frizzi, he's, Macron, À, Louis XIV, Hugh Grant, Charlotte Gainsbourg, Mick Jagger, Ken Follett, Emma Mackey, Bernard Arnault, Xavier Niel, Arsene Wenger, Didier Drogba, Michel Rose, Ingrid Melander, Bernadette Baum Organizations: French, Airport, REUTERS Acquire, Rights, France's, Parisian, European Union, Notre, Dame, of Mirrors, Thomson Locations: France, Paris, Bordeaux, Britain, of Versailles, British, French
On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Her successor, Prime Minister Rishi Sunak, visited France in March to kick off what he called an "entente renewed". Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."
Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Charles, Camilla, Macron, Brigitte, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Arsenal, Notre, Dame, Adelaide de Clermont, Vue, Reuters, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, of Versailles, British, French, Adelaide, Paris, London
Some Parisians Unfazed by King Charles' Visit to France
  + stars: | 2023-09-19 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
By Noemie OlivePARIS (Reuters) - King Charles' state visit to France, from Wednesday to Friday, may be seen politically as a chance to rebuild ties between the two countries, but some Parisians said they were not impressed, and that they missed the late Queen Elizabeth. Charles, and his wife Queen Camilla, will be guests of honour at a state banquet in the gilded Versailles palace during the visit to France, Charles' first since becoming king a year ago. All this combined together doesn't create much interest," said Mireille, a retiree who liked Queen Elizabeth and her horses. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the Royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not." In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.
Persons: Olive PARIS, King Charles, Queen Elizabeth, Charles, Queen Camilla, France's Patrouille, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Notre, Dame, Arrows, Britons Locations: France, Versailles, Britain, Paris, England
Charles, a fluent French speaker like his mother, is keen to walk in her footsteps and is likely to refer to the late queen's deep affection for France during the visit, officials said. All this combined together doesn't create much interest," said the 88-year old, who liked Queen Elizabeth and her horses. As part of the visit, Charles and Camilla will drive down the Champs-Elysees and view restoration works at the Notre-Dame cathedral following a massive blaze in 2019 that destroyed its roof. The trip is also a chance to rebuild ties that have been frayed by Britain's chaotic exit from the EU in 2020. In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.
Persons: Britain's King Charles, Queen Camilla, Princess Royal, Duke, Russell Cheyne, Brexit PARIS, King Charles, Queen Elizabeth, He's, Mireille, Charles, Camilla, France's Patrouille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Elizabeth Pineau, Ingrid Melander, Bernadette Baum Organizations: Braemar Royal, Princess, REUTERS, Notre, Dame, Arrows, Britons, Thomson Locations: Braemar, Fife, Scotland, Britain, Paris, Bordeaux, France, Versailles, Bresse, England
On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."
Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London
"We are negatively surprised by lack of revenue growth, increased capital target, payout & ROTE cut, and by the lack of details," Jefferies analysts said in a note. It also said its new targets were based on annual revenue growth expectations between zero and 2% between 2022 and 2026, but that it would aim to improve its cost-to-income ratio. A SocGen veteran and former head of its investment bank, Krupa said he would streamline the bank's activities but didn't elaborate. The share price decline put SocGen on course for the biggest one-day drop since March. "It will take time for the shares to discount the cost improvement given SG's mixed track record," they said.
Persons: Gonzalo Fuentes, Krupa, Slawomir Krupa, SocGen, JP Morgan, Tassilo Hummel, Silvia Aloisi, Elisa Martinuzzi, Michal Alexandrowicz, Mathieu Rosemain, Ingrid Melander, Mark Potter Organizations: Societe Generale, La Defense, REUTERS, BNP, Jefferies, Thomson Locations: La, Paris, France, Russia
Key targets in SocGen's new strategy plan
  + stars: | 2023-09-18 | 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. Here are key targets:GROWTHAnnual revenue growth expectations between 0 and 2% by 2026. In August last year, the bank said it was aiming for average annual revenue growth of at least 3% for 2021-2025. ROTETargets a 9 to 10% return on tangible equity ratio in 2026, up from a reported 5.6% ROTE at the end of June. CET1Aims for a CET1 ratio - a key measure of financial strength - of 13% in 2026, almost on par with the 13.1% reported at end of June.
Persons: Gonzalo Fuentes, Slawomir Krupa, SocGen, Krupa, Mathieu Rosemain, Ingrid Melander, Mark Potter Organizations: Societe Generale, La Defense, REUTERS, Generale's, Thomson Locations: La, Paris, France
PARIS, Sept 14 (Reuters) - Belgium said on Thursday it would review the potential health risks linked to Apple's iPhone 12, becoming the latest European country to react after France ordered a halt to sales citing breaches of radiation exposure limits. Apple on Wednesday said the iPhone 12, launched in 2020, was certified by multiple international bodies as compliant with radiation standards and that it was contesting France's findings. But Paris' move to halt iPhone 12 sales until Apple fixes the radiation issues detected in two tests raised the prospect of further bans in Europe. Researchers have conducted a vast number of studies over the last two decades to assess health risks resulting from mobile phones. According to the World Health Organisation, no adverse health effects have been established as being caused by mobile phone use.
Persons: Mathieu Michel, digitalisation, Michel, Marine Strauss, Tassilo Hummel, Giuseppe Fonte, Ingrid Melander, Mark Potter Organizations: Apple, World Health, Reuters, Thomson Locations: Belgium, France, Paris, Europe, Belgium's, U.S, Brussels, Rome
China risks Analysts have also noted Arm's limited control over its China joint venture, Arm China, which contributes 24% of revenue. "Plus, Arm can only sell to China customers via the Arm China channel, and they can offer competing product. With no direct stake in Arm China, they currently have very little control over their only means to sell in China." Valuation Analysts at New Constructs have also challenged Arm's valuation. Growth Analysts at Bernstein were also cautious, while expecting cloud, automotive, and mobile royalties to drive healthy top-line growth for Arm.
Persons: Rohit Kulkarni, Roth, SoftBank, Bernstein, Sara Russo, Russo, it's, Timm Schulze, Schulze, Melander, — CNBC's Michael Bloom Organizations: Apple, Nvidia, SoftBank Locations: British, New York, SoftBank, China, Arm China
[1/4] European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023. Von der Leyen, who has been at the head of the bloc's executive Commission since the end of 2019, also said she would appoint an envoy to help small and medium-sized enterprises tackle red tape to make it easier to do business. Lawmakers gave a standing ovation after von der Leyen recounted the fate of Victoria Amelina, a Ukrainian writer and activist who was killed in a Russian attack on Ukraine. An upcoming package to support Europe's wind industry would be aimed at helping the sector as renewable energy companies struggle with steep inflation, von der Leyen said. Von der Leyen also said the wealthy bloc must engage more with African countries and accused Russia of stirring chaos in the Sahel region of the continent.
Persons: Ursula von der Leyen, Yves Herman Acquire, Von der Leyen, von der Leyen, Victoria Amelina, Héctor Abad, Yves Herman, Jan Strupczewski, Marine Strauss, Foo Yun Chee, Kate Abnett, Gabriela Baczynska, Andrew Gray, Julia Payne, Philip Blenkinsop, Ingrid Melander, Nick Macfie, Alex Richardson Organizations: European, European Union, REUTERS, EU, STRASBOURG, EU Commission, Ukraine, Kyiv, Lawmakers, Thomson Locations: Strasbourg, France, Europe, Ukraine, Ukrainian, Colombian, China, Russia, Sahel, Africa, Brussels
"We can confirm from our independent sources of information that the number of missing people is hitting 10,000 so far," he told reporters via video link. 'NEVER FELT AS FRIGHTENED'[1/6]People are stuck on a road as a powerful storm and heavy rainfall hit Shahhat city, Libya, September 11. At Tripoli airport in northwest Libya, a woman started to wail loudly as she received a call saying most of her family were dead or missing. "If a huge flood happens the result will be catastrophic for the people of the wadi and the city," the paper said. Pope Francis was among world leaders who said they were deeply saddened by the deaths and destruction in Libya.
Persons: Daniel, Storm Daniel, Abu Chkiouat, Derna, Al Jazeera, Tamer Ramadan, Martin Griffiths, Ali Al, Saadi, Mostafa Salem, Salem, wail, Walid Abdulati, Karim al, Al, Khalifah, hydrologist, Omar Al, Mukhtar, Pope Francis, Tarek Amara, Ayman Werfali, Ahmed Elumami, Al Bayda, Laila Bassam, Friedrieke Heine, Angus McDowall, Gabrielle Tétrault, Farber, Clauda Tanios, Jana Choukeir, Gavin Jones, Emma Farge, Tom Perry, Ingrid Melander, Alison Williams, Peter Graff, Mark Heinrich Our Organizations: UN, Storm, Reuters, International Federation of, Red Crescent Societies, United, REUTERS, Libyan, Mukhtar University, Norway's Refugee, Thomson Locations: Libya's, Libya, Derna, Benghazi, United Nations, Turkey, Tripoli, Al Jazeera, NATO, Misrata, Norway's, Tunisia, Al
NEAR DERNA, Libya, Sept 12 (Reuters) - At least 10,000 people were feared missing in Libya on Tuesday in floods caused by a huge storm, which burst dams, swept away buildings and wiped out as much as a quarter of the eastern city of Derna. "The number of bodies recovered in Derna is more 1,000," he said. "I am not exaggerating when I say that 25% of the city has disappeared. [1/5]People are stuck on a road as a powerful storm and heavy rainfall hit Shahhat city, Libya, September 11, 2023. Libya is politically divided between east and west and public services have crumbled since a 2011 NATO-backed uprising that prompted years of conflict.
Persons: Storm Daniel, Abu Chkiouat, Al Jazeera, Ramadan, Ali Al, Saadi, Tarek Amara, Ayman Werfali, Friedrieke Heine, Angus McDowall, Gabrielle Tétrault, Farber, Clauda, Tom Perry, Ingrid Melander, Alison Williams, Peter Graff Organizations: Reuters, International Federation of, Red Crescent Societies, Facebook, Libyan, Thomson Locations: DERNA, Libya, Derna, Geneva, Tunisia, Derna's, NATO, Tripoli, Misrata, United States
Total: 25