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☆ André Bishop to Step Down After Three Decades Running Lincoln Center Theater
▼ + stars: | 2023-09-22 | by ( Michael Paulson | More About Michael Paulson | ) www.nytimes.com time to read: +2 min

On Wednesday, Carole Rothman, the president and artistic director of Second Stage Theater, said that after 45 years she would be leaving that institution, which she co-founded; Second Stage operates the Helen Hayes Theater on Broadway. And Roundabout Theater Company currently has an interim artistic director following the death in April of Todd Haimes, who led that organization for four decades; Roundabout operates three Broadway houses, including the American Airlines, the Stephen Sondheim and Studio 54. Lincoln Center Theater, which is a resident organization at Lincoln Center for the Performing Arts, has three stages of varying sizes, and has produced a wide variety of work. The company currently has an annual budget of $34.5 million and 55 full-time employees; Bishop received $783,191 in total compensation during fiscal 2022, according to an I.R.S. Lincoln Center Theater’s other Tony-winning productions during Bishop’s tenure include “Carousel,” “The Heiress,” “A Delicate Balance,” “Contact,” “Henry IV,” “Awake and Sing,” “South Pacific,” “War Horse,” “The King and I” and “Oslo.”

Persons: Carole Rothman, Helen Hayes, Todd Haimes, Stephen Sondheim, Bishop, Vivian Beaumont, ”, Tom Stoppard’s, Tony, ” “ Henry IV Organizations: Broadway, Nonprofit, Lincoln Center, Helen Hayes Theater, Roundabout Theater Company, American Airlines, Lincoln Center Theater, Performing Arts, Vivian Beaumont Theater, Radio City Music Hall, Metropolitan Opera Locations: New York, Utopia, “ Oslo

☆ Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
▼ + stars: | 2023-09-21 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

[1/3] Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. The Japanese yen strengthened against the greenback before Friday's Bank of Japan policy announcement, while the pound and the Swiss franc slipped after the British and Swiss central banks kept rates unchanged. The BOJ will end its negative interest rate policy next year, the majority of economists said in a Reuters poll, as the market has begun to envisage the demise of its ultra-easy monetary settings. The pound fell to its lowest since March after the Bank of England held interest rates steady on Thursday, following a cooler-than-expected inflation report the previous day. Meanwhile, Sweden's Riksbank and Norway's central bank both raised rates by 25 basis points, in line with expectations.

Persons: Jason Lee, Helen, Powell didn't, BoE, Monex's, Brad Bechtel, Sweden's, bitcoin, Saqib Iqbal Ahmed, Sam Holmes, Shri Navaratnam, Sharon Singleton, Richard Chang Organizations: Hong, REUTERS, U.S, Federal Reserve, Friday's Bank of Japan, Swiss, British, Fed, Monex, ECB, Traders, FX, Jefferies, Bank of England, Swiss National Bank, Thomson Locations: Hong Kong, Swiss, Japan, Swedish, Norwegian

[1/3] Then Newscorp chairman Rupert Murdoch and son Lachlan Murdoch in the crowd before Super Bowl LI at NRG Stadium in Houston, Texas, U.S., February 5, 2017. In 1999, Lachlan Murdoch assumed responsibility for print operations in the U.S. Lachlan Murdoch founded Illyria Pty, a private investment company, whose acquisitions included a network of Australian radio stations. The newly constituted Fox was reduced to a handful of assets, including the Fox broadcast network, Fox News, Fox Sports and Fox Business, with Lachlan Murdoch serving as its executive chair and chief executive officer. While Rupert Murdoch built his legacy pursuing the television, movie and newspaper businesses with equal abandon, Lachlan’s legacy is still taking shape.

Persons: Rupert Murdoch, Lachlan Murdoch, Robert Deutsch, Murdoch, Rupert Murdoch’s, Anna, Australian Broadcasting Corporation’s, Paddy Manning’s, “, Lachlan, James, Dalton, Manning, Walt Disney, Brother James Murdoch, Lachlan Murdoch doesn’t, Chris Mitchell, ”, Fox, Donald Trump, Dawn Chmielewski, Helen Coster, Kenneth Li, Nick Zieminski Organizations: News Corp, Fox Corp, Wall Street Journal, Fox News, Sun, Fox Sports, Fox Entertainment, Australian Broadcasting, New, New York Post, The New York Times, Daily News, Wall Street, San Antonio Express, Monopoly, Trinity School, Trinity Conservative Society, News, New York, Century Fox, Walt, Fox, Fox Business, Disney, New York Times, Dominion Voting Systems, Thomson Locations: NRG, Houston , Texas, U.S, Australia, United States, London, New York, Princeton, Illyria, Los Angeles

His son, Lachlan Murdoch, will become the sole chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday. The transition solidifies Lachlan's role as the leader of the media empire, putting to rest questions of succession within the Murdoch family. Lachlan was appointed CEO of the new Fox Corp. Murdoch controls News Corp and Fox Corp through a Reno, Nevada-based family trust that holds a roughly a 40% stake in voting shares of each company. The shares in Fox and News Corp owned by Murdoch’s children through the trust are a combination of both classes of shares.

Persons: Rupert Murdoch, Rafael Nadal, Kevin Anderson of, Mike Segar, Lachlan Murdoch, Murdoch, Lachlan, Fox, Brian Wieser, James, Chloe, Grace, Wendi Deng, Jonathan Miller, Sumner Redstone, Ted Turner, John Malone, Miller, Helen Coster, Aditya Soni, Dawn Chmielewski, Krishna Chandra Eluri, Saumyadeb Chakrabarty, Nick Zieminski Organizations: Fox News, Fox Corp, News Corp, Fox, Dominion, Systems, Wall, Walt Disney Co, Lupa Systems, Corp, Thomson Locations: York, U.S, Kevin Anderson of South Africa, Australia, United States, American, Reno , Nevada, London, New York, Bengaluru, Dawn, Los Angeles

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

☆ French supermarkets to demand food groups cut prices by up to 5%
▼ + stars: | 2023-09-20 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +3 min

French retailers have criticised consumer goods giants like Unilever and Nestle for price hikes they say are unjustified. The government has also put pressure on the consumer goods makers to cut prices. "We should probably be able to demand that the big (consumer goods) groups cut prices by between 2% and 5%," he said. Consumer goods firms are likely to face increased pressure across Europe to cut prices, industry experts say. Lawmakers also asked about buying alliances, which some supermarkets use to negotiate prices jointly with peers at the European level, and whether they enable retailers to evade French regulations on pricing.

Persons: Sarah Meyssonnier, Les Mousquetaires, Thierry Cotillard, Cotillard, Mousquetaires, Jan, Alexandre Bompard, Lawmakers, Systeme, Dominique Schelcher, E Leclerc, Philippe Michaud, Miloud, Leclerc, Michaud, Helen Reid, Hugh Lawson Organizations: REUTERS, Unilever, Nestle, Carrefour, Senate, REWE, Thomson Locations: Carrefour, Montesson, Paris, France, Portugal, Spain, Europe, Greece, London

☆ Mozambique can sue Privinvest in London 'tuna bond' case, UK court rules
▼ + stars: | 2023-09-20 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

Mozambique is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others over three loans raised in 2013 and 2014, ostensibly to develop its fishing industry. In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings. But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct. 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters & Peters. The High Court ruled this month that Nyusi has state immunity.

Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Privinvest, Iskandar Safa, Peters, Peters & Peters, Safa, corruptly, Filipe Nyusi, Nyusi, Helen Taylor, Kirstin Ridley, Manuel Mucari, William James, Tomasz Janowski, Alexander Smith Organizations: General Assembly, REUTERS, Credit Suisse, Peters &, Privinvest, UBS, Mozambican, Corruption, Thomson Locations: Mozambique, New York City, U.S, Britain, Court, London, Lebanon, Abu Dhabi, United States, Mozambican, Maputo

☆ Vacharaesorn Vivacharawongse: Thai King's son signals willingness to talk about lese majeste as he attends exhibition
▼ + stars: | 2023-09-19 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

Vacharaesorn Vivacharawongse, 42, the King’s second-oldest son, who lives in New York, confirmed that he went to see the exhibition on his official Facebook page Monday. “The King can do wrong.”Nonetheless lese majeste prosecutions continued in the last decade of his reign, and increased dramatically when the military seized power in a 2014 coup. An unprecedented demand was royal reform to ensure the King is answerable to the constitution and amendments to the royal insult law. A political toolFor years, human rights organizations and free speech campaigners have said lese majeste has been used as a political tool to silence critics of the Thai government. At least 253 people have been charged with lese majeste during that time, the group said.

Persons: Thailand’s, Maha Vajiralongkorn, King, LeRoy Neiman, Pavin Chachavalpongpun, lese, Vacharaesorn Vivacharawongse, “, ’, ” Vacharaesorn, Vacharaesorn, Thais –, Thais, ”, Pavin, ” Pavin, King Vajiralongkorn, Bhumibol Adulyadej, Bhumibol, Srettha Thavisin, lese majeste, majeste, King Bhumibol, Prayut Chan Organizations: CNN, LeRoy, New York’s Columbia University, Kyoto University’s Center, Southeast Asian Studies, Elections, Thai, YouTube, Facebook, Thai Lawyers for Human Rights, Thai Prime Locations: New York, Thailand, Thai, Local

☆ ‘Purlie Victorious’: Ossie Davis’s ‘Gospel to Humanity’ Returns to Broadway
▼ + stars: | 2023-09-18 | by ( Salamishah Tillet | More About Salamishah Tillet | ) www.nytimes.com time to read: +2 min

But I also spent time with Ossie and Ruby when they came to the rehearsals for my first Broadway show, “A Raisin in the Sun” [in 2004]. When Jeffrey approached me about possibly doing this on Broadway, I said, “I’m your guy,” because I love Ossie Davis. I found out that he always loved the play, so to have him want to be in it and produce it with Jeffrey Richards made it a reality. KARA YOUNG I was really surprised that Ossie Davis wrote a play like this. [Dee starred in the original 1959 Broadway production with Davis joining the cast later that year.]

Persons: KENNY LEON, Jeffrey Richards, Helen Stern Richards, Ossie, Ruby, Jeffrey, “, Ossie Davis, LESLIE ODOM, LEON, Leslie, KARA, Sun ”, Dee, Davis, LEON I don’t, shortchange Ossie Organizations: Fox Theater, Freedom, Sun Locations: Atlanta, Philly, America, American

☆ Harmonia Rosales’ ‘Master Narrative’ exhibition reimagines Renaissance art
▼ + stars: | 2023-09-17 | by ( Kristen Rogers | ) edition.cnn.com time to read: +14 min

A selection of her work in this vein is currently on display in the exhibition “Harmonia Rosales: Master Narrative” at the Spelman College Museum of Fine Art in Atlanta. At the core of Rosales’ art is the idea that “storytelling is a journey of personal discovery and a reclamation of one’s cultural identity." Elon Schoenholz/Harmonia RosalesAcross 20 oil paintings and a large-scale sculptural installation, Rosales’ work challenges viewers to consider the universality of creation through a Black diasporic lens. Rosales' work demonstrates her journey towards empowerment and self-love, with figures in her artworks painted with features she used to dislike about herself. Every one of these (artworks) tells my stories.”“Harmonia Rosales: Master Narrative” is on display at the Spelman College Museum of Art in Atlanta through December 2.

Persons: Adam, ” Sandro Botticelli’s “, Venus ”, Leonardo da Vinci’s, Harmonia Rosales, Barbara, Rosales, Elon, Rosales ’, Olodumare, orishas —, Lucy Garrett, it’s what’s, ” Rosales, “, “ I’m, ”, Liz Andrews, —, Andy Warhol, ’ ” Rosales, ” “, Harmonia Rosales “, I’m, Regla, Harmonia, Black Mary, Virgin Mary, Helen Morales, ” Lucy Garrett, ” Morales, Yemaya, “ They’ve, Angelou, Saint Bartholomew Organizations: CNN, Spelman College Museum of Fine Art, University of California, European, Masters, Spelman College Museum of Art, Andy Warhol Museum, Museum of Contemporary, Memphis Brooks Museum of Art, European Old Masters, Catholic, UCSB Locations: Britannica, Cuban American, Atlanta, Santa, Western Africa, Chicago, Pittsburgh, Brooklyn, Rosales, Cuba, Americas

☆ Czech Protesters Rally Against Government's Pro-Western Policies
▼ + stars: | 2023-09-16 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

And I do not want a puppet government any more," Raichl said, saying the Czech Republic should veto any attempt by Ukraine to join NATO. Under the current government, the Czech Republic has been a close ally of Ukraine, sending tanks, rocket launchers, helicopters, artillery shells and other material to help Ukrainian forces fighting Russia's invasion. Raichl hailed the nationalist policies of Hungarian Prime Minister Viktor Orban as a role model and called for an alliance of Central European countries to counter Brussels. He also voiced support for Slovakia's former Prime Minister Robert Fico, who has adopted a staunchly anti-Western stance ahead of an election on Sept. 30. Protester Marcela Hajkova, a mother-of-three, condemned the government's military aid to Ukraine, among other policies.

Persons: Petr, Fiala, Jindrich Raichl, Raichl, Viktor Orban, Robert Fico, Marcela Hajkova, Jan Lopatka, David Cerny, Helen Popper Organizations: Ukraine, PRO, ., CTK, NATO, Hungarian, Police, Wagner Group Locations: PRAGUE, Russian Czech, Prague, Moscow, Prague's Wenceslas, Czech Republic, Ukraine, Central, Brussels

☆ Tunisia Arrests Migrants, Seizes Boats in Major People-Smuggling Crackdown
▼ + stars: | 2023-09-16 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Tarek AmaraTUNIS (Reuters) - Tunisian police supported by planes and anti-terrorism units arrested hundreds of migrants and seized boats on Saturday in a major crackdown on people smuggling in the coastal region of Sfax - a key departure point for migrants heading to Europe. Tunisian National Guard units raided homes where hundreds of migrants were staying, intercepted trucks carrying migrants towards the beaches and seized vessels used by the smugglers, officials and witnesses said. "The air operation is intended to target smugglers who trade in the pain of frustrated people," National Guard Colonel Houssem Jbebli told reporters. Saied ordered the crackdown to confront the "unacceptable influx of migrants", the Interior Ministry said in a statement. Italian Prime Minister Giorgia Meloni called on Friday for the European Union to act jointly "with a naval mission if necessary" to prevent migrants crossing the Mediterranean from North Africa.

Persons: Tarek Amara TUNIS, Kais Saied, Houssem Jbebli, Saied, Giorgia Meloni, Tarek Amara, Helen Popper Organizations: Tunisian National Guard, National Guard, Interior Ministry, European Union Locations: Sfax, Europe, North Africa, Jebiniana, Tunisia, Italy, Lampedusa

A three-storey building standing opposite had been swept 60 metres (200 feet) down the road by the floodwaters, Hasadi said. "The situation is very, very tragic," said Qais, a rescue worker from Tunisia at the seafront who only gave his first name. [1/4]A view shows the destruction, in the aftermath of the floods in Derna, Libya September 16, 2023. REUTERS/Esam Omran Al-fetori Acquire Licensing Rights"The work is ongoing and is very, very, very complicated," he told Reuters. Libya's continuing political divisions, with rival administrations and parliaments in the east and west, could hamper the aid effort.

Persons: Tarek Faheem al, Hasadi, Qais, Kamal Al, Omran, Storm Daniel, Hayder Al, Muammar Gaddafi, Khalifa Haftar's, Derna, Ayman al, Ahmed Elumami, Omar Abdel, Emma Farge, Aidan Lewis, Helen Popper, Alex Richardson Organizations: Organization for, REUTERS, Reuters, Health Organization, Italy's, United Nations, Libya's National, for Disease, NATO, Khalifa Haftar's Libyan National Army, Thomson Locations: DERNA, Libya, Derna, Derna's, Tunisia, Saudi Arabia, Russia, Italian, Italy's Embassy, Infrastructure, Razek, Cairo, Geneva

☆ Czech protesters rally against government's pro-Western policies
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +2 min

[1/4] Demonstrators take part in an anti-government protest demanding the resignation of Czech Prime Minister Petr Fiala, in Prague, Czech Republic, September 16, 2023. And I do not want a puppet government any more," Raichl said, saying the Czech Republic should veto any attempt by Ukraine to join NATO. Under the current government, the Czech Republic has been a close ally of Ukraine, sending tanks, rocket launchers, helicopters, artillery shells and other material to help Ukrainian forces fighting Russia's invasion. Raichl hailed the nationalist policies of Hungarian Prime Minister Viktor Orban as a role model and called for an alliance of Central European countries to counter Brussels. Protester Marcela Hajkova, a mother-of-three, condemned the government's military aid to Ukraine, among other policies.

Persons: Petr Fiala, David W Cerny, Petr, Fiala, Jindrich Raichl, Raichl, Viktor Orban, Robert Fico, Marcela Hajkova, Jan Lopatka, David Cerny, Helen Popper Our Organizations: Czech, REUTERS, Rights, Ukraine, PRO, ., CTK, NATO, Hungarian, Police, Wagner Group, Thomson Locations: Prague, Czech Republic, Russian Czech, Moscow, Prague's Wenceslas, Ukraine, Central, Brussels

☆ Turkey could part ways with EU if necessary, Erdogan says
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

ISTANBUL, Sept 16 (Reuters) - Turkish President Tayyip Erdogan said on Saturday that Ankara could "part ways" with the European Union if necessary when asked about the contents of a European Parliament report on Turkey. "The EU is trying to break away from Turkey," Erdogan told reporters ahead of a trip to the United States. "We will make our evaluations against these developments and if necessary, we can part ways with the EU." Turkey's Foreign Ministry said earlier this week that the European Parliament report contained unfounded allegations and prejudices and took "a shallow and non-visionary" approach to the country's ties with the EU. Reporting by Ezgi Erkoyun Editing by Toby Chopra and Helen PopperOur Standards: The Thomson Reuters Trust Principles.

Persons: Tayyip Erdogan, Erdogan, Ezgi, Toby Chopra, Helen Popper Our Organizations: European Union, EU, Thomson Locations: ISTANBUL, Ankara, Turkey, United States

☆ Germany says it will keep taking in migrants from Italy after all
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +2 min

A view of shadows of migrants boarding a ship to be transferred to the mainland, on the Sicilian island of Lampedusa, Italy, September 15, 2023. REUTERS/Yara Nardi Acquire Licensing RightsFRANKFURT, Sept 16 (Reuters) - Germany has decided to keep taking in migrants and refugees arriving in Italy, the interior minister said late on Friday, two days after it announced the suspension of a voluntary agreement with Rome to receive new arrivals. Under an European Union solidarity scheme, Germany had pledged to help member states such as Italy that are particularly overwhelmed by migrants by taking in 3,500 people, but it announced the suspension of the accord on Wednesday. But interior minister Nancy Faeser said the recent arrival of thousand of migrants in the tiny Italian island of Lampedusa meant Germany would take in people after all. The Italian Coast Guard found a newborn baby dead on a boat carrying migrants to the island during a rescue operation, ANSA news agency reported on Saturday.

Persons: Yara, Nancy Faeser, Faeser, Giorgia Meloni, Ludwig Burger, Helen Popper Our Organizations: REUTERS, Rights, ARD, Italian, EU, Italian Coast Guard, Thomson Locations: Lampedusa, Italy, Germany, Rome, Union, Dublin, EU, German, North Africa

☆ Komsomolsk-on-Amur: Kim Jong Un visits fighter jet plant in Russia as Putin accepts invite to North Korea
▼ + stars: | 2023-09-15 | by ( Helen Regan Mariya Knight Anna Chernova Akanksha Sharma | Helen Regan | Mariya Knight | ) edition.cnn.com time to read: +7 min

Images showed Kim and his delegation at the Yuri Gagarin Komsomolsk-on-Amur Aircraft Plant (KnAAZ), which is named after the famed Russian cosmonaut, and being shown the inside of a fighter jet, according to Russian state media RIA Novosti. At a state banquet with Putin Wednesday, Kim vowed to establish “a new era of 100-year friendship” between the two countries. In return, Putin signaled a willingness to assist North Korea in developing its space and satellite program. Ukraine’s Defense Intelligence said Wednesday that military cooperation between Russia and North Korea was not new. Meanwhile, the national security advisers of the United States, South Korea, and Japan on Thursday jointly issued a warning regarding potential violations of international sanctions by North Korea and Russia.

Persons: Kim Jong Un, Kim’s, Kim Jong Il, Kim, Yuri Gagarin Komsomolsk, Alexander Zhornik, Mikhail Degtyarev, Vladimir Putin, Putin, Sergey Lavrov, Dmitry Peskov, Kim Jong, Peskov, ”, “, AP Kim, ambitiously, ” Kim, Mykhailo Podolyak, Andrii Yusov, ” Yusov, Biden, Wagner Organizations: CNN, North, Ministry of Defense, TASS, Amur Aircraft, Fleet, Russia, Russian, Putin, AP, Ukrainian, Ukraine’s Defense Intelligence, Defense Intelligence, South, United Nations Locations: Russia, Komsomolsk, Russian, Khabarovsk, Vladivostok, East, North Korea, Ukraine, Moscow, Pyongyang, North, Korean, United States, Korea, Ukrainian, South Korea, Japan

☆ Carrefour sticks price warnings on food to shame suppliers
▼ + stars: | 2023-09-14 | by ( Dominique Vidalon | ) www.reuters.com time to read: +3 min

PARIS, Sept 14 (Reuters) - French supermarket chain Carrefour (CARR.PA) has slapped price warnings on products from Lindt chocolates to Lipton Ice Tea to pressure top consumer goods suppliers Nestle, PepsiCo and Unilever to reduce inflation ahead of much-anticipated contract talks. After a new round of meetings last month, Le Maire said Unilever, Nestle and PepsiCo were among companies not toeing the line on prices. But Carrefour's move to name and shame suppliers marks an escalation in the war of words between retailers and big multinationals. The shrinkflation warnings are in all French Carrefour stores, and will last until the targeted suppliers agree to price cuts, Bompais said. Le Maire said last month consumer goods companies and retailers had agreed to bring forward annual price negotiations - which would normally have taken place next year - to September.

Persons: Bompais, Alexandre Bompard, Bruno Le Maire, Le Maire, Dominique Vidalon, Richa Naidu, Helen Reid, Silvia Aloisi, Richard Chang Organizations: Carrefour, Lipton, Nestle, PepsiCo, Unilever, Finance, Thomson Locations: France, Carrefour, Paris, London

CNN —The Taliban has welcomed Zhao Sheng as China’s new ambassador to Afghanistan during a lavish ceremony held at the presidential palace in Kabul on Wednesday. China is among a handful of countries, including Pakistan, Iran and Russia that have maintained a diplomatic presence in Afghanistan since the Taliban retook control of the country in 2021. In the palace ceremony, Taliban Prime Minister Mohammad Hasan Akhund shook hands with Zhao and “accepted the credentials of the new Chinese Ambassador,” the prime minister’s office said on X, formerly known as Twitter. China’s Ministry of Foreign Affairs said in a statement the appointment was the “normal rotation of China’s ambassador to Afghanistan” and was “intended to continue advancing dialogue and cooperation” between the two countries, according to Reuters. The ministry said, “China’s policy toward Afghanistan is clear and consistent.”CNN has reached out to China’s Ministry of Foreign Affairs.

Persons: Zhao Sheng, Mohammad Hasan Akhund, Zhao, “, Mr Zhao Sheng, Zabiullah Mujahid, ”, Mujahid, Afghanistan ”, Qin Gang Organizations: CNN, Taliban, Honorable, China’s Ministry of Foreign Affairs, Reuters, Pakistan Economic Locations: Afghanistan, Kabul, Wednesday, China, Pakistan, Iran, Russia, China’s, Islamabad, Xinjiang

☆ H&M to sell second-hand clothes at London store
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

LONDON, Sept 13 (Reuters) - H&M (HMb.ST) plans to sell second-hand clothes and accessories at its flagship store in London from Oct. 5, as pressure increases on fast fashion companies to curb their environmental impact by encouraging the reuse and recycling of garments. It will be the second H&M store to offer second-hand clothes, after Barcelona which opened earlier this year. H&M also has an online second-hand offering in Sweden and Germany. H&M launched a clothing rental service at its Regent Street store in November last year. Zara (ITX.MC) last week launched its online second-hand service in France, having trialled it in Britain since November last year.

Persons: Helen Reid, Alison Williams Organizations: European Union, M's, Regent, Thomson Locations: London, Cos, Monki, Barcelona, Sweden, Germany, Europe, United States, Zara, ITX.MC, France, Britain

☆ Putin signals potential willingness to assist Kim as two leaders meet for expected weapons talks
▼ + stars: | 2023-09-12 | by ( Helen Regan Gawon Bae Larry Register Simone Mccarthy Anna Chernova | Helen Regan | Gawon Bae | ) edition.cnn.com time to read: +8 min

Kim Jong Un and Vladimir Putin shake hands as they begin their talks at the Vostochny Cosmodrome, Amur region, Russia, on September 13. Providing this technology to North Korea would be in violation of international sanctions, aimed at hampering Pyongyang’s ability to build a fully functioning nuclear weapons and ballistic missile force. After the talks, Kremlin spokesperson Peskov said “North Korea is our close neighbor,” according to state media. The two ballistic missiles fired by North Korea Wednesday morning each traveled about 650 kilometers (400 miles) before falling into the sea, according to the JCS. North Korea may be intending “to show that the military maintains readiness with uninterrupted command and control,” Easley said.

Persons: Vladimir Putin, Kim Jong, Putin, “, ” Putin, ”, Kim Jong Un, Kim, Kim Jong Un's, Dmitry Peskov, ” Peskov, ” Leif, Eric Easley, John Bolton, ” Bolton, Peskov, Kim Yo Jong, Sergei Shoigu, Shoigu “, ” Kim Jong Un's, ” Easley, Ankit, ” Panda, we’ve Organizations: CNN, Vostochny, Kremlin, Ewha Womans University, North, Russian, US National Security, of, Munitions Industry, Russian Defense, South Korea’s, Chiefs of Staff, North Korea Wednesday, Kremlin Analysts, Security, Nuclear, Carnegie Endowment, International Locations: Korea, Russia, North Korea, Russia’s, Pyongyang, Ukraine, Vostochny Cosmodrome, Amur, Kremlin North Korea, North Korean, Moscow, Seoul, Cosmodrome, Soviet Union, “ North Korea, South

Inditex shares have risen around 64% over the past 12 months as the world's biggest clothing retailer successfully passed cost increases on to shoppers and reported record profit margins. But after several U.S. retailers including Macy's and Foot Locker warned of weak consumer spending, fears of an economic slowdown have come back into focus. "I think companies will be more disciplined and will reduce pricing where they think they can gain volumes," said Fabio Di Giansante, portfolio manager at Amundi, which holds shares in Inditex. In the six months to July last year, Inditex's sales increased by 25% and profits climbed by 41% - but that was in comparison with a period marked by COVID-19 lockdowns around the world. According to Bernstein analysts, Inditex's key rival H&M (HMb.ST), set to report third-quarter sales on Friday, has pushed through more price increases than peers over the past year.

Persons: Inditex, Locker, Inditex's, Fabio Di Giansante, Geoffroy De Mendez, De Mendez, Bershka, Massimo Dutti, Bernstein, Amundi's Di Giansante, Helen Reid, Corina Pons, Emelia Sithole Organizations: Macy's, Inditex . Bank of America, Thomson Locations: MADRID, Zara, Amundi, Inditex ., U.S, London, Madrid

☆ What China slowdown? Three Chinese companies making big money globally
▼ + stars: | 2023-09-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

More Chinese companies are becoming global players. In all, BYD, state-owned SAIC and other Chinese companies gained 9% of the global electric car market in the second quarter, up from 5% in the second quarter, Counterpoint Research said. That's on top of the companies' share in the domestic Chinese market — the largest globally for autos. For the full year, XCMG has an export sales growth target of 50% growth, UBS stock analyst Phyllis Wang and a team said in a Sept. 4 note. Chinese companies have been trying to "go global" for years, with tacit encouragement from Beijing.

Persons: Lei Meng, That's, Xiao Feng, BYD, UBS's Meng, XCMG, Phyllis Wang, Mingyang, JPMorgan's Helen Zhu, — CNBC's Michael Bloom Organizations: Car, UBS Securities, China Equity, SAIC, Research, Hong, Toyota, General Motors, Britannica ., Xuzhou Construction Machinery, Central, UBS, Beijing ., JPMorgan Locations: Hong Kong, Britannica, China, Shenzhen, Xuzhou, West Asia, North Africa, Central America, Europe, Central Asia, North America, Beijing, Beijing . State, Shanghai

The News Corporation logo is displayed on the side of a building in midtown Manhattan in New York, U.S., February 27, 2018. "What you will see over time is a lot of litigation; some media companies have already begun those discussions," said News Corp Chief Executive Robert Thomson, speaking at the Goldman Sachs Communacopia + Technology Conference. It's unclear whether more publishers will ultimately strike deals with the tech companies or pursue litigation related to the use of that content. The Associated Press struck a deal in July, licensing a part its archive of news stories to ChatGPT-owner OpenAI. Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lucas Jackson, Robert Thomson, Goldman Sachs, we're, Bard, ChatGPT, OpenAI, Zaheer Kachwala, Pooja Desai, Aurora Ellis Organizations: REUTERS, News Corp, News, Technology, Publishers, Sunday Times, Wall Street, OpenAI, Associated Press, Thomson Locations: Manhattan, New York, U.S, Bengaluru

☆ Rescuers race to save ill US cave explorer trapped 3,000 feet underground
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +1 min

Mark Dickey, the U.S. caver who is currently trapped near Morca, poses in Mentone, Alabama, U.S., May 12, 2023. National Cave Rescue Commission (NCRC)/Handout via REUTERS/File photo Acquire Licensing RightsMERSIN, Turkey, Sept 7 (Reuters) - More than 150 rescuers raced on Thursday to reach an American man who fell ill and became trapped some 1,000 metres (3,280 ft) underground in a cave he was exploring in southern Turkey. Mark Dickey, 40, was on an international exploration mission in the Morca cave in the Taurus mountains when he began suffering gastrointestinal bleeding, Turkey's TUMAF caving federation said in a statement. "Several international teams, including Croats and Italians, are aiding in the operations. Footage from the rescue operation showed Turkish and international teams setting up tents and cables outside the sinkhole, Turkey's third-largest, which is at an altitude of 2,140 metres (7,020 ft).

Persons: Mark Dickey, Bulent Genc, Genc, TUMAF, Dickey, Ali Kucukgocmen, Helen Popper Our Organizations: Rescue, REUTERS, Rights, Reuters, Turkish, Thomson Locations: U.S, Mentone , Alabama, Rights MERSIN, Turkey, American

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