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☆ Spanish banks face rise in deposit costs, Central Bank warns
▼ + stars: | 2023-10-30 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

A woman walks past a Bank of Spain branch, during the coronavirus disease (COVID-19) outbreak, in the Andalusian capital of Seville, Spain, April 10, 2020. Spanish banks are mainly retail lenders and have been benefiting from rising interest rates, with higher returns on their loans, driven mainly by floating rate credit, while keeping deposit costs under control. Among European lenders, Spanish banks offer the lowest one-year bank deposit remuneration. In a context of lower demand for credit, net interest income, the difference between higher earnings from loans minus deposits costs, could deteriorate in coming months due to higher deposits costs and lower minimum remuneration requirements from the European Central Bank. Spanish banks have so far managed to offset a decline in new mortgage portfolio by repricing their existing loans.

Persons: Marcelo del Pozo, Jesús Aguado, Andrei Khalip Organizations: Bank, Spain, REUTERS, Rights, Bank of, European Central Bank, Thomson Locations: Seville, Spain, Rights MADRID, Bank of Spain

☆ Celtic midfielder Hatate sidelined two months with hamstring injury
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

Oct 30 (Reuters) - Celtic midfielder Reo Hatate will be out until after Christmas after picking up a hamstring injury in their Champions League 1-1 draw with Atletico Madrid, coach Brendan Rodgers said on Monday. "We are not 100 per cent on the exact timings, but he is certainly going to be out until after Christmas, we think," said Rodgers. Hatate, who last month signed a contract extension with Celtic until 2028, also missed six weeks last season with the same injury to his other leg, and was out a month with a calf injury earlier this campaign. They face the same opponent on Jan. 2, when Hatate could return to action. Reporting by Janina Nuno Rios in Mexico City Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Reo Hatate, Brendan Rodgers, Rodgers, Hatate, Janina Nuno Rios, Christian Radnedge Organizations: Celtic, Champions League, Atletico Madrid, Atletico, St Mirren, Scottish, Wednesday, Thomson Locations: Japan, Mexico

☆ STC reportedly drops plan to up stake in Spain's Telefonica to 9.9%
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

The logo of Spanish Telecom company is displayed atop the company's building in Madrid, Spain, September 6, 2023. Telefonica and STC declined to comment on the report. In September, Saudi Arabia's largest telecoms operator amassed a 9.9% stake worth 2.1 billion euros ($2.23 billion) in a move to become Telefonica's top shareholder, though it added it did not intend to acquire control or a majority stake. STC's holding consists of 4.9% of Telefonica's shares and financial instruments that give it another 5% in so-called economic exposure to the company. As Telefonica is considered a defence service provider, the Spanish defence ministry has a say in acquisitions and holdings between 5% and 10% unless the buyer commits not to request a seat on the board.

Persons: Violeta Santos Moura, David Latona, Belen Carreno, Jesus Aguado, Hadeel Al, Andrei Khalip Organizations: Spanish Telecom, REUTERS, Rights, STC, Telefonica, El Economista, Saudi, Inti Landauro, Thomson Locations: Madrid, Spain, Rights MADRID, Saudi, Spanish, Hadeel Al Sayegh, Riyadh

☆ Santander readies sale of bad assets worth 5 bln euros- Cinco Dias
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

The Polish unit of Spain's Santander (Santander Bank Polska) logo is pictured in Warsaw, Poland, May 10, 2021. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsMADRID, Oct 30 (Reuters) - Spain's Santander (SAN.MC) is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), Spanish daily Cinco Dias reported on Monday. Cinco Dias did not mention the price or potential discount on the sale of the assets, while Santander declined to comment. Spanish banks were very active in the past in shedding real estate assets that went sour in the economic slump that followed the bursting of the country's real estate bubble at the end of 2007. ($1 = 0.9469 euros)Reporting by Jesús Aguado, editing by Inti Landauro and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Kacper, Cinco Dias, Jesús Aguado, Inti Landauro, Kim Coghill Organizations: Spain's Santander, Santander Bank Polska, REUTERS, Rights, Santander, Thomson Locations: Warsaw, Poland, Rights MADRID

☆ Jude Bellingham confirms status as a generational talent with injury time winner for Real Madrid in El Clásico
▼ + stars: | 2023-10-29 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

“Another comeback,” he told Real’s website after the match. Real Madrid sits top of La Liga. Jose Breton/Pics Action/NurPhoto/Getty Images“He could easily score 20 or 25 goals,” manager Carlo Ancelotti told Real’s website afterwards. And it is his maturity and decision-making, as much as skill on the pitch, that is drawing praise from his manager at Real Madrid. “We’re all surprised at the level he’s at, especially in terms of how effective he’s been,” Ancelotti told the club’s website.

Persons: CNN — Jude Bellingham, ”, Real’s, Jose Breton, Carlo Ancelotti, “, Bellingham, “ We’re, ” Ancelotti Organizations: CNN, Real Madrid, Barcelona, Luka, La Liga, Bellingham, €, Italy Locations: El Clásico, Barcelona, Madrid, England

☆ David Beckham: Filmmaker Fisher Stevens explains how ‘Succession’ and Leonardo DiCaprio helped land him Netflix documentary series
▼ + stars: | 2023-10-29 | by ( Don Riddell | Glen Levy | ) edition.cnn.com time to read: +7 min

CNN —At first glance, the American actor and filmmaker Fisher Stevens wasn’t the obvious choice to helm the four-part Netflix documentary series about English soccer great David Beckham. “When they first called me, my response was …’why me for David Beckham?’” the 59-year-old said to CNN Sport’s Don Riddell. “I said, ‘Hey, I have a call with David Beckham, but I’m not sure,’” Fisher fondly recalled. I say what’s really strong, their relationship is really strong and if you can work with your wife and it works, God bless, man,” he said. But that’s why he’s also such a good guy, because he’s worried about you too.”A second series?

Persons: Fisher Stevens, David Beckham, Stevens, ’, CNN Sport’s Don Riddell, “, ”, Beckham, Alex Ferguson, Ballon d’Or, Lionel Messi, ” Adams, Taylor Swift, Travis Kelce, Becks ’, Jesse Armstrong, HBO’s, Tony Roche, Hugo, Oscar, Leonardo DiCaprio, DiCaprio, ‘, I’m, ’ ” Fisher, Logan Roy, ” Brand Beckham, David, he’s, “ Beckham, Ted, Ferguson, Scot, Megan Briggs, Victoria, ‘ David we’ll, ‘ David, that’s, Joseph West, ” Stevens Organizations: CNN, Netflix, Manchester United, Major League Soccer, Inter Miami, Argentina, Spice, HBO, Warner Bros, United, Real Madrid, Variety, Qatar, Jewish Locations: American, England, Spain, America, Italy, France, United States, “, Victoria

☆ Spain's acting PM Sanchez backs Catalan amnesty deal in bid to form government
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/ Albert Gea/File photo Acquire Licensing RightsMADRID, Oct 28 (Reuters) - Spain's acting Prime Minister Pedro Sanchez on Saturday said he supported granting a controversial amnesty to those involved in Catalonia's failed 2017 independence bid, in the hope of persuading the region's parties to back him in government. He needs the backing of Catalan separatist parties, Esquerra Republicana de Catalunya ERC and Junts, who have demanded an amnesty law that could potentially cover more than 1,400 people involved in the failed independence bid. "To continue moving forward, we must overcome all the episodes that in the past divided us and fractured our societies," Sanchez said. He said his party "looks at the problems head on", adding 80% of Catalans supported an agreement on the issue. A poll in September showed 70% of respondents - 59% of them socialist supporters - were against an amnesty.

Persons: Oriol Junqueras, Passeig de Gracia, Albert Gea, Pedro Sanchez, Catalonia's, Sanchez, Esquerra, Jessica Jones, Mike Harrison Organizations: Passeig, REUTERS, Rights, Socialist Party's Federal, Catalunya ERC, Junts, Catalans, Thomson Locations: Barcelona, Spain, Rights MADRID, Catalonia, Madrid, Catalan

☆ Caixabank sees higher lending income in 2023 after beating forecasts
▼ + stars: | 2023-10-27 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

SummaryCompanies Q3 net profit beats market forecastsNII 2023 growth guidance lifted to 10 bln vs 9.25 blnTargets stable NII performance in 2024MADRID, Oct 27 (Reuters) - Caixabank (CABK.MC) reported third-quarter net profit on Friday which beat forecasts, helped by higher lending income, which the Spanish bank said would rise more than 50% in 2023 compared to 2022. The bank's net interest income, earnings on loans minus deposit costs, rose 71% year-on-year in the three-months ending Sept. 30 to 2.74 billion euros ($2.89 billion), above the 2.53 billion euros analysts expected. Against that background, Caixabank revised its 2023 guidance for lending income to equal or above 10 billion euros from previously 9.25 billion euros, implying a rise of more than 50% against an net interest income (NII) of 6.55 billion euros in 2022. Broker JP Morgan welcome an "impressive" NII performance and revised guidance for lending income though noted that customer deposits were down 1.3% quarter-on-quarter. Its net profit rose 70% year-on-year to 1.52 billion euros, more than the 1.38 billion euros analysts forecast in a Reuters poll.

Persons: Caixabank, Morgan, Jesús, Inti Landauro, Simon Cameron, Moore Organizations: Thomson Locations: MADRID

The survey by Spain's human rights ombudsman, part of a report presented to parliament on Friday, questioned just over 8,000 people. The document criticised the Church for not cooperating more fully with the investigation and seeking to "minimise the phenomenon". A spokesperson for the Church in Spain declined to comment on the report. The ombudsman's report, which found that nearly 65% of those abused were male, also called for the creation of a state fund to compensate victims. Reporting by Charlie Devereux, Emma Pinedo, Marco Antonio Trujillo and Susana Vera; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

Persons: Fernando Garcia, Garcia, Salmones, Angel Gabilondo, Pedro Sanchez, Charlie Devereux, Emma Pinedo, Marco Antonio Trujillo, Susana Vera, John Stonestreet Organizations: Reuters, Church, Thomson Locations: Madrid, Spain, MADRID, United States, Ireland, France, El Pais

☆ Achieving the 'American dream?' A lot of it depends on where you grow up
▼ + stars: | 2023-10-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

We are thought to be the country of the American dream, [where] once you start from the bottom, you move to the top. Measures of mobilityThere are two measures of mobility: relative and absolute. "We have less [relative] mobility in this country than we do in other developed nations, especially in Europe and developing European countries. "We are thought to be the country of the American dream, [where] once you start from the bottom, you move to the top. The U.S. only ranks behind England for having the world's highest university tuition fees, according to data from the OECD.

Persons: Friedman, John Friedman, that's, It's, haven't, Kreg Steven Brown, Brown, Juan Palomino, there's, Susan Thompson Buffett Organizations: Opportunity, Brown University, Harvard University, . Census Bureau, World Bank, U.S, Washington Center for Equitable, Universidad Complutense de Madrid, England, OECD, Susan Thompson Buffett Foundation, Biden Locations: Dallas, Texas, U.S, Europe, Denmark, China, South Africa, Morocco, American, Germany, Canada, Japan, France, Scandinavian, Nebraska

☆ Caixabank to look at how Telefonica and STC can cooperate
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Violeta Santos Moura/File Photo Acquire Licensing RightsMADRID, Oct 27 (Reuters) - Spain's Caixabank (CABK.MC), a major shareholder in Telefonica (TEF.MC), will analyse with the telecoms group any potential cooperation with STC after the Saudi telecoms firm's recent investment in Telefonica, the bank's CEO said on Friday. Caixabank has a 3.5% stake in Telefonica and a seat on its board. "Very particularly, we have to see what possibilities (Telefonica) has to cooperate with this great company, due to its size and relevance, which is STC," Gortazar said, adding Caixabank would seek to express its views on the matter at board-level discussions. As Telefonica is considered a defence service provider, Spain's Defence Ministry has a say in acquisitions and holdings between 5% and 10%, unless the buyer commits not to request a seat on the board. STC, which has yet to request authorisation from the Spanish government to exercise voting rights corresponding to the financial instruments, has said it does not intend to acquire control or a majority stake in Telefonica.

Persons: Violeta Santos Moura, Gonzalo Gortazar, Caixabank, Gortazar, Jesús, Andrei Khalip, Mark Potter Organizations: Spanish Telecom, REUTERS, Rights, Telefonica, Saudi, STC Group, Spain's Defence Ministry, STC, Thomson Locations: Madrid, Spain, Rights MADRID, Saudi

BARCELONA, Spain (AP) — Barcelona coach Xavi Hernández is keeping his cards close to his chest before the first “clasico” of the season. They all returned to training Friday, a day before Madrid arrives with a one-point lead in the Spanish league standings. “I will play my best players, those that are 100% ready,” the Barcelona coach said. Political Cartoons View All 1223 ImagesMadrid coach Carlo Ancelotti said he wasn't worried who played for Barcelona as long as Jude Bellingham was ready to go. Regardless of who plays for the host team, Xavi has a huge task in finding a way to stop Bellingham and Vinícius Júnior.

Persons: Xavi Hernández, Robert Lewandowksi, de Jong, Pedri González, Jules Koundé, “, Ferran Torres, Carlo Ancelotti, wasn't, Jude Bellingham, Bellingham, Ancelotti, Xavi, Vinícius, ” Xavi, Ronald Araújo, De Jong, Oriol Romeu, Gavi Paéz, “ Oriol, ” Bellingham, Karim Benzema’s, Toni Kroos, Federico Valverde, Aurélien Tchouaméni, Luka Modric, Eduardo Camavinga, “ Camavinga, Mendy, ” Ancelotti, Yamal, Fermín López Organizations: —, Madrid, Barcelona, Braga, Champions League, Bellingham, Manchester, Xavi’s, La Masia, Shakhtar Donetsk Locations: BARCELONA, Spain, — Barcelona, Barcelona, Lewandowski, Poland, Bellingham, Manchester City, Madrid, Saudi Arabia

☆ Spain's Sabadell lifts 2023 outlook for lending income and profitability
▼ + stars: | 2023-10-26 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

The logo of Sabadell bank is displayed in Barcelona, Spain, March 16, 2023. Its net interest income (NII), earnings on loans minus deposit costs, rose 29% year-on-year to 1.24 billion euros. Higher lending income also helped the bank lift its 2023 target for return-on-tangible equity ratio (ROTE), a measure of profitability, to around 11.5% from 10.5%. Sabadell finished the quarter with a ROTE of 11.59% after net profit rose 46% year-on-year to 464 million euros, beating the 383 million analysts expected. Sabadell also announced an interim dividend of 0.03 euros per share in cash, up 50% versus last year.

Persons: Nacho, JP Morgan, Jesús Aguado, Varun, Mark Potter Organizations: REUTERS, Sabadell, British, TSB, Barclays, Thomson Locations: Sabadell, Barcelona, Spain, MADRID

☆ Why this US couple swapped California for Spain
▼ + stars: | 2023-10-26 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

CNN —After a number of failed IVF rounds, health issues and the death of their beloved dog, US couple Jason Luban and Selena Medlen were in need of a change of scenery. The couple, then based in Oakland, California, had penciled in a trip to Andalusia, Spain, months before, but were unsure whether to go ahead with it when the health of Luban, who has torsion dystonia, a rare movement disorder, began to deteriorate. Spanish adventureAn aerial view of Puente Nuevo in Ronda, the town that stole the hearts of US couple Jason Luban and Selena Medlen. Selena Medlen and Jason LubanWhile they adapted to the Spanish lifestyle quickly, there were some aspects that they found difficult to get used to. For weeks.”While they’d initially planned to stay in Spain for a year, Luban and Medlen chose to extend their stay beyond this.

Persons: Jason Luban, Selena Medlen, ” Medlen, Luban, “, Medlen, ”, Ronda, they've, Jason Luban “, “ Selena, we’re, ’ ”, they’d, Feria de Pedro Romero, “ It’s, expats, ” Luban, I’d, Selena, Donald Trump, ‘ Don’t, they’ve, he’s, you’re, Lola Supernova, they’re, “ There’s Organizations: CNN, CNN Travel, Granada, Feria de, “, ” Locations: Oakland , California, Andalusia, Spain, Puente Nuevo, Ronda, Spain’s Malaga, Madrid, Toledo, Cordoba, Seville, “, Oregon, Texas, California, Feria, America, United States

[1/3] The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. The broader European banking index (.SX7P) fell as much as 2.4% to its lowest in four months by 1017 GMT. Top fallers on the index were Standard Chartered, down 9%, Swedbank (SWEDa.ST), down 7% and BNP Paribas (BNPP.PA), down around 4%. Concerns about China's economic fragility are also hitting some European banks with major operations in Asia. Sabadell (SABE.MC) rose around 3.7% after raising its outlook for 2023 net interest income growth on the back of higher interest rates.

Persons: Peter Nicholls, Chris Hiorns, Banks, Hiorns, Angelo Meda, Meda, Iain Withers, Naomi Rovnick, Joice Alves, Jesus Aguado, Danilo Masoni, Amanda Cooper, John Stonestreet, Toby Chopra Organizations: Chartered, REUTERS, BNP, European Central Bank, Traders, SIM, Sabadell, Thomson Locations: London, Britain, LONDON, Milan, Asia, Madrid

☆ Injury doubts haunt Barcelona ahead of Saturday's Clasico against Real Madrid
▼ + stars: | 2023-10-26 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

Xavi had to call up eight academy players for their Champions League match against Shakhtar Donetsk on Wednesday, as the Catalonian side grapple with injuries to eight key players, including Polish striker Robert Lewandowski. Barca secured a hard-fought 2-1 win against Shakhtar thanks to a brilliant display by 20-year-old Fermin Lopez, who is becoming a regular in the first team. It's a match in which we need to be at 100%," Xavi told a press conference on Wednesday. Real lead the LaLiga standings, level with Girona, the surprise package of the season so far, on 25 points from 10 games. Barcelona are third on 24 points, two ahead of Atletico Madrid, who have a game in hand.

Persons: FC Barcelona's Robert Lewandowski, Pedro Nunes, Xavi Hernandez, Xavi, Robert Lewandowski, Barca, Fermin Lopez, Frenkie De Jong, Jules Kounde, Pedri, Sergi Roberto, Raphinha, Joao Felix, It's, Thibaut Courtois, Eder Militao, Arda Gueler, Englishman Jude Bellingham, Carlo Ancelotti, Fernando Kallas, Christian Radnedge Organizations: Soccer Football, FC Porto, FC Barcelona, Estadio, FC Barcelona's, REUTERS, Rights, Real Madrid, El, Champions League, Shakhtar Donetsk, Shakhtar, Lewandowski, El Clasico, Barca, Borussia Dortmund, Braga, Barcelona, Atletico Madrid, Thomson Locations: Porto, Portugal, Rights BARCELONA, Barcelona, Catalonian, Camp Nou, Portuguese, Girona

☆ Spain to create emergency accommodation for 3,000 migrants
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Borja Suarez/File Photo Acquire Licensing RightsMADRID, Oct 26 (Reuters) - Spain said on Thursday it would create additional emergency accommodation for 3,000 undocumented migrants in military barracks, hotels and hostels amid a 55% jump in arrivals by sea this year, which has triggered political tension. Escriva declined to disclose how many additional beds will be created, but a ministry source told Reuters it would be around 3,000 in total. But this time the central government's approach has been to expand emergency accommodations across the country, hoping to ease pressure on the Canaries. Following police screenings, migrants will be placed in the military barracks, hotels, hostels and other types of accommodations on a voluntary basis, the ministry source said. Escriva argued the situation was well-handled and manageable, and said some conservative politicians were whipping up what he called xenophobic rhetoric.

Persons: Borja Suarez, Jose Luis Escriva, Escriva, Isabel Diaz Ayuso, Belén Carreño, Joan Faus, Emma Pinedo, Jonathan Oatis Organizations: Gran Canaria, REUTERS, Rights, Union, Canaries, Madrid, Thomson Locations: Spanish, Arguineguin, Gran, Spain, Rights MADRID, Madrid, West Africa, Canary, Italy, Lampedusa

☆ Vinícius Jr.: Barcelona board member writes then deletes derogatory social media post about Real Madrid star
▼ + stars: | 2023-10-26 | by ( George Ramsay | Patrick Sung | ) edition.cnn.com time to read: +4 min

CNN —FC Barcelona coach Xavi said that he hopes Saturday’s El Clásico can be played with “mutual admiration” after a board member at the club deleted a derogatory social media post about Real Madrid forward Vinícius Jr. Neither Real Madrid nor Vinícius have publicly commented on the tweet. Vinícius testified earlier this month in a Spanish court about a racist incident which took place in the Mestalla Stadium when Madrid played Valencia. Footage and pictures widely posted on social media show a man performing monkey gestures towards Vinícius during the match. CNN has contacted Real Madrid and Vinícius for comment.

Persons: Xavi, Saturday’s El, ”, Vinícius Jr, Miquel Camps, Vinícius, Camps, “, Real, Raphinha, Kevin Langley, We’ve, Saturday’s, Sevilla, Rafael Yuste, Movistar, Yuste, Rodrygo, Florentino Pérez Organizations: CNN — FC Barcelona, Real Madrid, Real Madrid’s Champions League, Sporting Braga, CNN, Los Blancos, Sevilla, Madrid, Valencia, Shakhtar Donetsk, La Liga, Real, Sevilla FC, ”, Shakhtar, Braga Locations: Barcelona, Real Madrid, Spain, Spanish, Arlington , Texas

☆ Santander tops forecast as strong Europe offsets weaker US
▼ + stars: | 2023-10-25 | by ( Jesús Aguado | ) www.reuters.com time to read: +4 min

In Europe, net profit jumped 64% year-on-year in the quarter, while in South America it fell 7%. In Spain, the bank's biggest market, net profit surged almost 60%, while NII jumped 56%. In the UK, net profit rose 5.7% year-on-year in the quarter. In Brazil, its second-biggest market, net profit fell 8.9%, though NII rose 3.3%, reflecting an improvement in trends. Net profit in the United States fell 50.4% on higher funding costs in the auto business while provisions rose 49%.

Persons: Violeta Santos Moura, Ana Botin, JP Morgan, NII, Jesús, David Holmes, Mark Potter Organizations: Santander, REUTERS, Revenues, Thomson Locations: Boadilla del Monte, Madrid, Spain, MADRID, Spanish, Europe, United States, America, South America, SPAIN, BRAZIL, Portugal, Poland, Brazil

☆ Vinicius Jr 'back to his best,' says Real Madrid boss Ancelotti
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Oct 25 (Reuters) - Vinicius Jr has returned to his best form after the winger produced a fine performance to help Real Madrid claim a 2-1 Champions League win over Sporting Braga, manager Carlo Ancelotti said on Tuesday. He got the goal, which was ruled out by the narrowest of margins, and he made two assists for Rodrygo and Bellingham," Ancelotti told reporters. "They (Bellingham and Vinicius Jr) work really well together with the ball and without it. Real Madrid, the record 14-time Champions League winners who lead in the LaLiga with 25 points after 10 matches, play arch-rivals Barcelona on Saturday. "After this game, we know exactly what we need to do — everything we can to win it," Ancelotti said.

Persons: Vinicius Jr, Carlo Ancelotti, Jude Bellingham's, Ancelotti, Pearl Josephine Nazare, Miral Organizations: Real, League, Sporting Braga, Madrid, Rodrygo, Barcelona, Thomson Locations: Real Madrid, Brazil, Bellingham, Madrid, Barcelona, Bengaluru

☆ Atletico fight back to draw thriller with Celtic
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

GLASGOW, Oct 25 (Reuters) - Atletico Madrid battled back twice to draw 2-2 at Celtic in a thrilling Champions League Group E clash on Wednesday in which the Spanish side played the last few minutes with 10 men. Feyenoord took over top spot in the standings on six points after a 3-1 win at Lazio earlier on Wednesday and the draw left Atletico second on five points, one clear of Italy's Lazio in third. Celtic are bottom with one point from three games. With 11 men it would have been different, but at least we leave with a point," Atletico defender Mario Hermoso told Movistar Plus. These are things that happen in football and we hope to do well when we see them at our home."

Persons: Furuhashi, Antoine Griezmann, Joe Hart, Griezmann, Nahuel Molina, Luis Palma, Celtic's, Alvaro Morata, Hart, Rodrigo de Paul, Paulo Bernardo, De Paul, Mario Hermoso, Fernando Kallas, Ed Osmond Organizations: GLASGOW, Atletico Madrid, Celtic, Feyenoord, Lazio, Atletico, Frenchman, Movistar, Thomson Locations: Spanish, Celtic, Madrid

☆ Ukraine's Shakhtar support injured soldier treated in Barcelona
▼ + stars: | 2023-10-25 | by ( Albert Gea | ) www.reuters.com time to read: +1 min

MADRID, Oct 25 (Reuters) - Shakhtar Donetsk captain Taras Stepanenko and the Ukrainian side's goalkeeping coach visited an injured Ukrainian soldier recovering at a Barcelona clinic ahead of their Champions League fixture in the northeastern Spanish city. Shakhtar decided to pay for his transfer to Barcelona's Guttmann Brain Health Institute, where he is undergoing a long neurorehabilitation process. I really wanted to cry, because when you see him, he is a really strong guy who protect(ed) our country," Stepanenko told Reuters. In the five months that Shumei has been in Barcelona, his condition has improved significantly, Shakhtar said in a statement, especially after doctors performed a complex brain surgery in June. Shakhtar face Barcelona in the Champions League on Wednesday evening.

Persons: Taras Stepanenko, Vitaly Shumei, Stepanenko, Shumei, Sergio Albu, Andriy Pyatov, Shumei's, Serhiy, Albert Gea, David Latona, Christian Radnedge Organizations: Shakhtar Donetsk, Ukrainian, Champions League, Shakhtar, Brain Health, Reuters, Barcelona, Thomson Locations: MADRID, Barcelona, Spanish, Donbass

REUTERS/Arriana McLymore/File Photo Acquire Licensing RightsMADRID/LONDON, Oct 25 (Reuters) - Zara owner Inditex (ITX.MC), the world's biggest clothing retailer, has agreed to buy recycled polyester from U.S. start-up Ambercycle, the companies said on Wednesday. As fast-fashion retailers face pressure to reduce waste and use recycled fabrics, Inditex is spending more than 70 million euros ($74 million) to secure supply of Ambercycle's recycled polyester made from textile waste. Under the offtake deal, Inditex will buy a "significant" portion of Ambercycle's production of recycled polyester, which is sold under the brand cycora, over three years. Textile-to-textile polyester recycling is in its infancy, though, and will take time to reach the scale required by global fashion brands. The Ambercycle deal marks the latest in a series of investments made by Inditex into textile recycling start-ups.

Persons: Arriana, Inditex, Zara Athleticz, Javier Losada, Corina Pons, Helen Reid, Cynthia Osterman, David Holmes Organizations: REUTERS, Infinited, Thomson Locations: Zara's Soho, New York City, U.S, MADRID, LONDON, Zara, Los Angeles, Circ, Spain

☆ Alcaraz on the mend, plans to play Paris Masters, ATP Finals
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Oct 25 (Reuters) - World number two Carlos Alcaraz will play at the Paris Masters and the ATP Finals in Turin, the 20-year-old Spaniard said on Wednesday, after he withdrew from the Swiss Indoors championships this month due to injury. "I am feeling better every day and I will play Paris-Bercy and be in Turin for the ATP Finals! He surrendered his number one world ranking to Djokovic at the U.S. Open, where he lost in the semi-final round. The Paris Masters begin on Monday, while the ATP Finals run from Nov. 12 through Nov. 19. Reporting by Amy Tennery in New York; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Alcaraz, Alcaraz, Novak Djokovic, Djokovic, Amy Tennery, Hugh Lawson Organizations: Paris Masters, ATP, Swiss, Wimbledon, Paris, Indian Wells, U.S ., Thomson Locations: Turin, Madrid, Cincinnati, New York

☆ Santander may look into potential acquisition of Metro mortgage portfolio
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing RightsMADRID, Oct 25 (Reuters) - Santander (SAN.MC) may consider looking into acquiring a mortgage portfolio from Metro (MTRO.L) if the British bank decides to put it up for sale, the Spanish bank's Chief Executive Officer Hector Grisi said on Wednesday. Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a 325 million pound capital raise and 600 million pound debt refinancing. The bank also said it was in discussions regarding the sale of up to 3 billion pounds ($3.64 billion)of residential mortgages. "Today the truth is that I don't know whether Metro will end up doing something or not, whether it will sell a portfolio or not."

Persons: Hannah McKay, Hector Grisi, Grisi, Jesús, Jane Merriman Organizations: Metro Bank, REUTERS, Rights, Metro, Wednesday, Thomson Locations: London, Britain, Rights MADRID, Santander, British, Spanish

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