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[1/2] A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Lula told Prates that Petrobras should commission 25 ships to be built in Brazilian shipyards, instead of the four currently planned. When asked for comment, Petrobras referred Reuters to a Nov. 8 statement, in which it said it is still finalizing its investment plan. Last week, Reuters reported that Petrobras' plan will include around $100 billion in investments that the firm is both analyzing and those it has already committed to. In the previous 2023-2027 plan, Petrobras projected $78 billion in investments.
Persons: Sergio Moraes, Luiz Inacio Lula da Silva, Jean Paul Prates, Prates, Lula, Brazil's, Sabrina Valle, Lisandra Paraguassu, Rodrigo Viga Gaier, Marta Nogueira, Fabio Teixeira, Roberto Samora, Gabriel Stargardter, Marguerita Choy Organizations: REUTERS, HOUSTON, RIO DE, Petrobras, PETR4, Reuters, Thomson Locations: Rio de Janeiro, Brazil, BRASILIA, RIO, RIO DE JANEIRO, Brasilia, Mato Grosso, Sul, Petrobras
The Nord Stream gas pipelines were damaged in an act of sabotage last year. AdvertisementAdvertisementA senior Ukrainian military official played a key role in sabotaging the Nord Stream gas pipelines last year, according to an investigation by two international newspapers. AdvertisementAdvertisementHowever, The Post reported that Zelenskyy would not have known about the Nord Stream operation and that those involved reported to Zaluzhny. Chervinsky denied his role in the attacks in a statement to the papers through his lawyer: "All speculations about my involvement in the attack on Nord Stream are being spread by Russian propaganda without any basis." AdvertisementAdvertisementThe blasts in September last year damaged three of the four pipelines that make up Nord Stream 1 and Nord Stream 2.
Persons: Zelenskyy, , Der Spiegel, Valery Zaluzhny, Volodymyr Zelenskyy, Jack Teixeira, Chervinsky Organizations: Service, Washington Post, Post, Pentagon, Nord, Kyiv, European Union Locations: Ukrainian, Russia, Germany, Ukraine, Western, Nord, Kyiv, Russian
The heavyweight championship clash instead got KO’d. The UFC heavyweight champ needed surgery and was off the card. 4 Tom Aspinall for the interim heavyweight championship in a late add to the card. The fight for the vacant light heavyweight title between Jiri Procházka and Alex Pereira was bumped to the main event. UFC President Dana White said it would have been “complete disrespect” to offer Miocic an interim title fight.
Persons: Conor McGregor, Georges St, Pierre, Daniel Cormier, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Tom Aspinall, Jiri Procházka, Alex Pereira, Jessica Andrade, Mackenzie Dern, Aspinall, Pereira, Israel Adesanya, ” Aspinall, Gane, Miocic, Dana White, , Pavlovich, Procházka, Glover Teixeira, ” Procházka, , hasn’t, “ I’m, ___ Organizations: Madison, MMA, UFC, Broadway, MSG, , Adesanya Locations: Brazilian, Adesanya, it’s, British
Brazil's Petrobras lifts 2023 forecast for oil and gas output
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +2 min
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 9 (Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) raised its projection for oil and gas production this year, after posting a 41.5% decrease in third-quarter profit on Thursday. Latin America's top oil producer posted a recurring net profit of 27.2 billion reais ($5.51 billion), while analysts polled by LSEG had expected 28.74 billion reais. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the period shrank 27.6% to 66.19 billion reais ($13.41 billion). Petrobras also said it will pay shareholders 1.344365 reais per share, totaling 17.5 billion reais in dividends.
Persons: Ricardo Moraes, LSEG, Fabio Teixeira, Chris Reese, Lincoln Organizations: Petrobras, REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, PETR4, Thomson Locations: Brazil's, Rio de Janeiro, Brazil, RIO DE JANEIRO, Brent, Santos, Campos
The January contract of frozen concentrated orange juice (FCOJ) on the Intercontinental Exchange (ICE) hit an all-time high of $4.17 per pound during the session, before falling back to $3.83 per pound. Did anyone predict $4.00 orange juice? As a comparison, the most traded contract among the soft commodities, ICE's raw sugar, had over 435,000 lots in open interest. Ibiapaba Netto, executive director at CitrusBR, the association representing Brazilian juice producers, said that a reversal of the current tight supply situation would take time, and is not certain to happen. Brazil has a 75% share of the global orange juice trade.
Persons: Mohamed Abd El Ghany, Dave Reiter, OJ, Darin Fessler, Ibiapaba Netto, Netto, greening, Marcelo Teixeira, Nick Zieminski Organizations: REUTERS, Intercontinental Exchange, Reiter Capital Investments, CitrusBR, Thomson Locations: El Nobaria, Cairo, Egypt, New York, United States, Brazil, Mexico, U.S
Tuesday General Motors is set to report earnings before the bell, followed by a call at 8:30 a.m. Coca-Cola is set to report earnings in the premarket, with a call slated for 8:30 .am. Wednesday Boeing is set to report earnings in the premarket, with leadership scheduled to hold a call at 10:30 a.m. Ford Motor is set to report earnings after the bell, followed by a conference call at 5 p.m. This quarter: The e-commerce giant is expected to report earnings per share growth of more than 100%, according to LSEG.
Persons: Michael Wayland, they'll, Andrea Teixeira, MSFT, Jordan Novet, GOOGL, Justin Post, MRK, Goldman Sachs, Chris Shibutani, Keytruda, Ford, AMZN, Doug Anmuth, — CNBC's Michael Bloom Organizations: Big Tech, Microsoft, Meta, Wall, CNBC, GM, LSEG, United Auto Workers, Investment Group, Coca, U.S, Activision, Wednesday Boeing, Boeing, Management, Bank of America, IBM, Merck, Ford, UAW, Detroit, JPMorgan Locations: Missouri, EVs, China, Apptio
FILE PHOTO: Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. “We hear some vessels are delayed even 25-27 days,” said sugar industry consultants CovrigAnalytics in a note on Thursday. The line-up of vessels to load sugar in Brazil rose nearly 40% in the last week to around 4.2 million metric tons, 25% more than at the same time last year. About 90 vessels are available at the ports to load sugar. Buyers are already expecting delays, said a director at one of the largest sugar exporters in Brazil.
Persons: Antonio Mesquita, Amanda Perobelli, Williams, , , CovrigAnalytics Organizations: Reuters, REUTERS, Shipping, ING, Santos Locations: Santos, Brazil, New York
Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. Raw sugar is usually shipped in bulk, while refined sugar uses containers. ING analysts said some sugar shipments scheduled to depart Brazil in October will likely be pushed to November. A director at one of the largest sugar exporters in Brazil said, however, that buyers were already expecting the delays. The forecast is for only light rains in the coming days at Santos, with heavier downpours expected from Oct. 28.
Persons: Antonio Mesquita, Amanda Perobelli, Williams, Marcelo Teixeira, Jamie Freed Organizations: REUTERS, Shipping, ING, Santos, Thomson Locations: Santos, Brazil, New York
View shows Sigma Lithium Corp production at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. Sigma shares were down about 10% around midday in New York. Last week, Reuters reported that divorce proceedings between Sigma Chief Executive Ana Cabral-Gardner and Calvyn Gardner, her husband and former co-CEO, had triggered several lawsuits, including a dispute over some of the mineral rights where Sigma plans to build mining pits. At the time, Sigma told Reuters the dispute would not affect its expansion plans, as it said it can develop the area via a "waste sharing agreement." Gardner left his co-CEO role in January, and Sigma announced a new chief financial officer in August.
Persons: Washington Alves, Brian Talbot, Talbot, Ana Cabral, Gardner, Calvyn Gardner, Fabio Teixeira, Gabriel Stargardter, Brad Haynes, Susan Fenton, Rosalba O'Brien Organizations: Sigma Lithium Corp, REUTERS, DE, Sigma, Reuters, Sigma Chief, Thomson Locations: Itinga, Minas Gerais, Brazil, DE JANEIRO, Vancouver, New York
View shows Sigma Lithium Corp production at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. REUTERS/Washington Alves/File Photo Acquire Licensing RightsRIO DE JANEIRO, Oct 5 (Reuters) - Sigma Lithium (SGML.V) Chief Operating Officer Brian Talbot left the company at the end of last month, he told Reuters on Thursday, in the latest management shakeup at the Vancouver-based miner. Last week, Reuters reported that divorce proceedings between current Sigma Chief Executive Ana Cabral-Gardner and Calvyn Gardner, her husband and former co-CEO, had triggered several lawsuits, including a dispute over some of the mineral rights where Sigma plans to build mining pits. At the time, Sigma told Reuters the dispute would not affect its expansion plans, as it said it can develop the area via a "waste sharing agreement." Gardner left his co-CEO role in January, and Sigma announced a new chief financial officer in August.
Persons: Washington Alves, Brian Talbot, Talbot, Ana Cabral, Gardner, Calvyn Gardner, Fabio Teixeira, Gabriel Stargardter, Brad Haynes, Susan Fenton Organizations: Sigma Lithium Corp, REUTERS, DE, Sigma, Reuters, Thomson Locations: Itinga, Minas Gerais, Brazil, DE JANEIRO, Vancouver
Welcome to the Great Internet Splintering
  + stars: | 2023-10-03 | by ( Shubham Agarwal | ) www.businessinsider.com   time to read: +14 min
But instead of spelling the death of social media, it may be the beginning of a better era. Welcome to the Great Social Media Splintering. One recent study found social media could cause an increase in eating disorders and poor body image in men and women. The fatigue I have felt is therefore partly fueled by another, more-pressing concern: Which social network should I bank on? But until it emerges, I expect to continue living a splintered and nomadic online social life.
Persons: I've, haven't, I'm, it's, Ben Grosser, Harvard University's Berkman Klein, media's, TikTok, Chand Rajendra, Rebecca Rinkevich, Mike McCue, Jack Dorsey, Steve Teixeira, Rajendra, Nicolucci, Shubham Agarwal Organizations: Facebook, Twitter, Great Social Media, Harvard, Harvard University's Berkman Klein Center, Internet & Society, University of Michigan, Institute, Rebooting Social Media, Mastodon, Mozilla, Wired, Company Locations: Instagram, Google's, India, Brazil, Facebook, Ahmedabad
Great news — social media is falling apart
  + stars: | 2023-10-03 | by ( Shubham Agarwal | ) www.businessinsider.com   time to read: +14 min
And I'm not alone: People are spending less and less time on social media. But instead of spelling the death of social media, it may be the beginning of a better era. Welcome to the Great Social Media Splintering. One recent study found social media could cause an increase in eating disorders and poor body image in men and women. Studies have found that news overload from social media can cause stress, anxiety, fatigue, and lack of sleep.
Persons: I've, haven't, I'm, it's, Ben Grosser, Harvard University's Berkman Klein, media's, TikTok, Chand Rajendra, Rebecca Rinkevich, Mike McCue, Jack Dorsey, Steve Teixeira, Rajendra, Nicolucci, Shubham Agarwal Organizations: Facebook, Twitter, Great Social Media, Harvard, Harvard University's Berkman Klein Center, Internet & Society, University of Massachusetts Amherst, Institute, Rebooting Social Media, Mastodon, Mozilla, Wired, Company Locations: Instagram, Google's, India, Brazil, Facebook, Ahmedabad
Production of the chocolate-making ingredient is expanding outside of the main growing area in West Africa as farmers in places such Brazil, Ecuador and Colombia see potential profit in the crop. The rally in prices to the highest level in nearly 50 years is boosting that trend, which could alleviate the current supply tightness in the global cocoa market. The country was once the second only to Ivory Coast in cocoa production, but a devastating fungus in the 1980's known as Witches' Broom sharply reduced production. "I believe that the new profile of cocoa production will be large-scale," said Moises Schmidt, one of the owners. "If you plant cocoa trees there (Amazon region), it is considered reforestation," said Douglas.
Persons: Schmidt Agricola, Moises Almeida Schmidt, Handout, Moises Schmidt, Jeroen Douglas, Douglas, Jose Garcia, IFAD's, Alvaro Lario, Marcelo Teixeira, Maytaal Angel, Simon Webb, Anna Driver Organizations: REUTERS, International Cocoa Organization, Reuters Graphics, Ivory, UN's, Fund for Agricultural Development, Thomson Locations: Bahia, Brazil, West Africa, Ecuador, Colombia, Africa, South America, Ivory, Ghana, Ivory Coast, Asia, United States, Europe, Guayaquil, Para, Netherlands, Medicilandia, New York, London
The participants, who were from different parts of the country, had voted for Joe Biden for president in 2020 but weren’t sure about the approaching midterm election. Ron DeSantis sending them to Martha’s Vineyard, but the responses focused more on frustration with the Biden administration’s border policy. “Trump’s border policy was not to have an influx of migrants. President Biden reversed that. Even Democratic officials, including New York City’s mayor and the state’s governor, have voiced their displeasure.
Persons: Joe Biden, Ron DeSantis, Biden, , Greg Abbott Organizations: Florida Gov, Biden, Texas Gov, Democratic, New York City’s Locations: New York, New
View shows Sigma Lithium Corp SGML.V production at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. That transaction, Gardner's lawyers argued, would grant Sigma mineral rights to valuable lithium deposits and hurt RI-X's ability to develop its own mining project. At the time of the transfer, Gardner owned 49% of RI-X and Cabral-Gardner held 51%, documents show. Sigma shares, which had been up 4% in afternoon trading on Thursday, erased gains to close more than 2% lower after Reuters reported on the court injunction. Sigma declined to comment on the New York lawsuit, and said "the divorce proceedings are a private, personal matter and have no impact on how Sigma Lithium conducts business."
Persons: Washington Alves, Ana Cabral, Gardner, Calvyn Gardner, Cabral, Sigma, Fabio Teixeira, Ernest Scheyder, Gabriel Stargardter, Brad Haynes, Rosalba O'Brien Organizations: Sigma Lithium Corp, REUTERS, DE, Sigma, Reuters, Deloitte, Brazilian Mining Association, New, Thomson Locations: Itinga, Minas Gerais, Brazil, DE JANEIRO, Vancouver, Sao Paulo, New York
Typically, it’s the faithful who carry the various likenesses of Mary in similar festivals across the world. A century ago, the Vatican formally granted special permission for animals to pull the floats with life-sized statues of the Virgin Mary, said the Rev. Another uncommon aspect of the procession is the iconic century-old sacred image standing on the bow of a boat-shaped float – the Virgin Mary breastfeeding infant Jesus. At least 50 were women dressed in pink and blue like the Virgin statue, carrying Jesus dolls or real babies. One of this year’s floats represented Our Lady of Peace, her statue framed by flags of conflict-ridden countries like Ukraine and Libya.
Persons: , Antonio Faustino, Virgin Mary, , Pope Francis, Mary, Fernando Albano Cardoso, Faustino, Jesus, Albano, Julieta Pereira, ” Pereira, Filipe Mendonça, he’s, Alfredo Teixeira, Peace, , gingerly, Francisco Lopes, Jennifer Esteves Organizations: Catholic, Vatican, Catholic Church, Catholic University of Portugal, Lamego’s, Lilly Endowment Inc, AP Locations: LAMEGO, Portugal, Portugal’s, Nossa Senhora, , Lisbon, Douro, Switzerland, Ukraine, Libya, Portuguese, Germany
Rui Pinto, the Portuguese man believed to be the mastermind behind Football Leaks, waits before his trial at the court in Lisbon, Portugal September 4, 2020. REUTERS/Rafael Marchante Acquire Licensing RightsLISBON, Sept 11 (Reuters) - A Lisbon court on Monday handed a four-year suspended prison sentence to Rui Pinto, the Portuguese man behind the Football Leaks website, for attempted extortion, illegal access to data and breach of correspondence, Judge Margarida Alves said. "The court decided Rui Pinto will be handed a single four-year sentence... but there is no need to serve the sentence in prison," the judge said. Pinto's targets included the football club Sporting, the Portuguese Football Federation, investment fund Doyen Sports and law firm PLMJ. Football Leaks' data seen by Reuters showed how some of the richest and most prominent figures in soccer avoided tax by channelling earnings offshore.
Persons: Rui Pinto, Rafael Marchante, Judge Margarida Alves, Pinto, Judge Alves, Anibal Pinto, Pinto's, Francisco Teixeira da Mota, Sérgio Gonçalves, Andrei Khalip Organizations: REUTERS, Rights, Football, Lisbon Central Criminal Court, Sporting, Portuguese Football Federation, Sports, Reuters, English Premier League, Manchester City, European Champions League, Thomson Locations: Lisbon, Portugal, Rights LISBON, Portuguese, Hungary
Those words from Marco Oliveira, a 50-year-old graphic designer from Portugal, underscore a deep lying annoyance in Europe with people bemoaning a lack of return on their savings despite surging interest rates. This, in practice, should translate into higher rates both on mortgages, but also on deposits. The key metric used by analysts is the deposit delta — which represents the increase in policy rates that banks pass through to the interest rates on deposits. For instance, Croatia's deposit delta is 12%, Cyprus is 30% and Portugal stands at 32%. And indeed, Portuguese banks show one of the lowest deposit delta, being the fifth worst in Europe," Teixeira said.
Persons: Marco Oliveira, Carlos Stilianopoulos, Marta Ferro Teixeira, Teixeira, Nicolas Charnay, Filipe Garcia, Banks, Garcia Organizations: Bank SA, Bloomberg, Getty, CNBC, European Central Bank, ECB, ABN Amro, ABN AMRO, P Global, P, SA, Reuters Locations: Thessaloniki, Greece, Portugal, Europe, Cyprus, France, Italy, Portuguese, Barcelona, Spain, PNL,
Another example: For a while it looked like the Republican Party could appeal to social conservatives but maintain the economic policy supported by business elites. The Republicans are making the argument that their cultural and economic values are consistent with working class Americans, and that their positions transcend racial categories. I asked Teixeira whether the changing Democratic Party has reached a point of no return on this front, and he emailed back:A good and big question. In the short run it looks very difficult for them to shed much of their cultural radicalism and generally make the party more attractive to normal working class voters. That is, if enough of the party becomes convinced their coalition is too narrow and therefore some compromises and different approaches are necessary.
Persons: White, Eitan Hersh, Sarang Shah, Hersh, , they’d, ” Hersh, Ruy Teixeira, , ” Teixeira, Teixeira, Michael Podhorzer, Organizations: United, Tufts, Berkeley, American, Democratic, Republican, Democratic Party, Republican Party, Democrats, Republicans, Trump, American Enterprise Institute, AFL Locations: U.S, United States, , America, nonwhite
But some of its beans, known as unwashed or 'natural' arabicas, have not previously been used for high-end benchmark coffee contracts around the world. Unwashed coffee is so-called because its fruit is left to dry whole before the bean is extracted. He added that relatively little Brazilian coffee ends up in ICE warehouses because it usually fetches higher prices in the physical markets. The two companies declined to comment on whether they had got a mix of semi-washed and unwashed beans certified by ICE. Zooming out to inflation adjusted terms however, coffee prices in 1980 were equivalent to about $8 per lb - a whopping 500% higher than they are today, according to Reuters calculations.
Persons: Juan Carlos Ulate, Dagoberto Suazo, unwashed, Marcio Ferreira, Cecafe, Ferreira, Louis Dreyfus, Pedro Mendoza, Maytaal Angel, Gustavo Palencia, Marcelo Teixeira, Frank Jack Daniel Our Organizations: Workers, REUTERS, LONDON, Agricultural, Intercontinental Exchange, Reuters, Producers, IF IT, ICE, Central, Thomson Locations: Grecia, Costa Rica, TEGUCIGALPA, Honduras, Brazil, America, Africa, Cafetaleras, Colombia, Central America, Peru, Europe, Swiss, Sucafina, U.S, London, Tegucigalpa, New York
CNN —Two US Navy sailors have been indicted and arrested for allegedly sending sensitive US military information to Chinese intelligence officers. The other sailor who has been arrested, Petty Officer Wenheng Zhao, worked at Naval Base Ventura County in Port Hueneme in California. In return, Wei allegedly received thousands of dollars. The indictment indicates that Wei received US citizenship during this period, with the Chinese intelligence officer allegedly congratulating Wei on receiving citizenship on May 18, 2022. Much of the information Wei allegedly sent to the Chinese officer was stored on restricted-access Navy computer systems that Wei was able to access because he had a security clearance.
Persons: Jinchao Wei, Wenheng Zhao, Wei, Zhao, , ” Matt Olson, Zhao “, ” Martin Estrada, , Jack Teixeira, Randy Grossman, Brig, Patrick Ryder, ” Ryder Organizations: CNN, US Navy, Naval Base San, Southern, Southern District of, Navy, Naval Base, People’s, Prosecutors, Central, Central District of, Massachusetts Air National Guard, US Locations: Naval Base San Diego, Southern District, Southern District of California, Pacific, Naval Base Ventura County, Port Hueneme, California, People’s Republic, Essex, Okinawa, Japan, Central District, Central District of California, China, United States
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Persons: Dow Jones, teixeira
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/pentagon-finds-shortcomings-in-handling-classified-files-in-wake-of-intelligence-leak-411011da
Persons: Dow Jones
WASHINGTON, July 5 (Reuters) - The Pentagon announced on Wednesday plans to tighten controls on classified information after an alleged leak incident that saw an airman arrested in April and later indicted on accusations of posting classified documents on the messaging app Discord. Jack Douglas Teixeira, 21, of North Dighton, Massachusetts, was indicted last month on six counts of wilful retention and transmission of classified information relating to national defense. Prosecutors say Teixeira leaked classified documents to a group of gamers on the messaging app Discord. "As someone who has read a lot of DoD policies, they are not the clearest documents," the official said. The official said the Pentagon needed to be more clear about policies related to classified information and spaces it can be accessed in, along with greater accountability for personnel who work with sensitive information.
Persons: Jack Douglas Teixeira, Teixeira, Phil Stewart, Idrees Ali, Franklin Paul, Mark Heinrich Our Organizations: Pentagon, WikiLeaks, Justice Department, Prosecutors, Thomson Locations: North Dighton , Massachusetts, U.S
Now, in striking down race-conscious college admissions, the Supreme Court has handed the Democrats a way to shift from a race-based discussion of preference to one tied more to class. The court’s decision could fuel broader outreach to the working-class voters who have drifted away from the party because of what they see as its elitism. “This is a tremendous opportunity for Democrats to course-correct from identity-based issues,” said Ruy Teixeira, whose upcoming book “Where Have All the Democrats Gone?” looks at the bleeding of working-class voters over the last decade. “As I like to say, class is back in session.”Conservative voters have long been more animated by the Supreme Court’s composition than liberals have. Since the court overturned Roe v. Wade in 2022, energized Democratic voters have handed Republicans loss after loss in critical elections.
Persons: Bill Clinton, , Ruy Teixeira, Donald J, Trump, Roe, Wade Organizations: Democratic, ” Conservative
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