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☆ US easing Venezuela oil sanctions after election deal
▼ + stars: | 2023-10-18 | by ( Matt Spetalnick | ) www.reuters.com time to read: +2 min

Venezuela's President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing RightsWASHINGTON, Oct 18 (Reuters) - The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil and gas sector in response to a 2024 election deal reached between the Venezuelan government and the country's opposition. Treasury is prepared to amend or revoke the authorizations at any time if representatives of President Nicolas Maduro fail to follow through on their commitments in the deal with the opposition, it added. The changes include the issuance of a six-month general license for the oil and gas sector in Venezuela and another general license authorizing dealings with Minerven – the Venezuelan state-owned gold mining company. The frontrunner in an opposition primary scheduled for Sunday, Maria Corina Machado, is barred from office for 15 years as of June.

Persons: Nicolas Maduro, Ebrahim Raisi, Leonardo Fernandez Viloria, Biden, Minerven, Maria Corina Machado, Donald Trump, Maduro, Matt Spetalnick, Marianna Parraga, Mayela Armas, Vivian Sequera, Josie Kao, Lisa Shumaker Organizations: REUTERS, Rights, Venezuelan, U.S . Department of, Treasury, Treasury Department, U.S . State Department, Reuters, Washington, Biden, Thomson Locations: Miraflores, Caracas, Venezuela, Venezuelan, U.S

SINGAPORE, Oct 17 (Reuters) - Oil prices steadied on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease sanctions on producer Venezuela and as Washington stepped up efforts to prevent an escalation of the war between Israel and Hamas. Both oil benchmarks surged last week on fears the conflict in the Middle East could widen, with global benchmark Brent gaining 7.5% in its highest weekly gain since February. The Biden administration has been seeking ways to increase the flow of oil to world markets to alleviate high prices. But any real oil output increase by Venezuela will take time due to lack of recent investments. Reporting by Sudarshan Varadhan; Editing by Sonali Paul, Muralikumar Anantharaman and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Brent, Nicolas Maduro, Maduro's, Washington, Joe Biden, Biden, Sudarshan Varadhan, Sonali Paul, Muralikumar Anantharaman, Kim Coghill Organizations: Venezuela, U.S, West Texas, U.S ., Organization of Petroleum Exporting, Brent, Hamas, ANZ Research, Thomson Locations: SINGAPORE, U.S, Washington, Israel, Venezuela, Gaza, Iran

☆ Live updates: Israel-Hamas war rages as crisis in Gaza deepens
▼ + stars: | 2023-10-17 | by ( Tara Subramaniam | Seán Federico O'Murchú | ) edition.cnn.com time to read: +2 min

"By failing to condemn Hamas, Russia is giving cover to a terrorist group that brutalizes innocent civilians. It is outrageous, it is hypocritical, and it is indefensible," US Ambassador Linda Thomas-Greenfield said in justification to the US' vote. She previously compared the attacks executed by Hamas to the "most heinous atrocities committed by ISIS." "We cannot support a resolution which fails to condemn Hamas’ terror attacks," Ambassador Barbara Woodward, the UK's Permanent Representative to the UN, said in her explanation of vote. Russia’s Ambassador to the UN Vasily Nebenzya claimed the resolution failed to get adopted because of the western bloc's selfish intentions.

Persons: Linda Thomas, Greenfield, Barbara Woodward, Nicolas de Rivière, UN Vasily Nebenzya, Nebenzya Organizations: United Nations Security, ISIS, UN, France's, UN Security Council, Russian, Novosti Locations: Israel, United States, United Kingdom, France, Russia, Gaza, Moscow

SINGAPORE, Oct 17 (Reuters) - Oil prices fell slightly on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease sanctions on producer Venezuela and as Washington stepped up efforts to prevent an escalation of the war between Israel and Hamas. Venezuela's government and opposition are set to resume long-suspended talks on Tuesday that President Nicolas Maduro said would benefit the upcoming 2024 election, a move that could lead to Washington easing sanctions, multiple sources said. The Biden administration has been seeking ways to increase the flow of oil to world markets to alleviate high prices. But any real oil output increase by Venezuela will take time due to lack of recent investments. Reporting by Sudarshan Varadhan; Editing by Sonali Paul and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Brent, Nicolas Maduro, Maduro's, Washington, Joe Biden, Biden, Sudarshan Varadhan, Sonali Paul, Muralikumar Organizations: Venezuela, U.S, West Texas, U.S ., Organization of Petroleum Exporting, Brent, Hamas, ANZ Research, Thomson Locations: SINGAPORE, U.S, Washington, Israel, Venezuela, Gaza, Iran

☆ Oil steadies on hopes of Venezuela sanctions being eased
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Oct 17 (Reuters) - Oil prices stabilised on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease sanctions on producer Venezuela and as Washington stepped up efforts to prevent an escalation of the war between Israel and Hamas. Brent crude futures were up 3 cents at $89.68 a barrel, while U.S. West Texas Intermediate crude (WTI) were down 11 cents at $86.55 a barrel as of 0113 GMT. Both oil benchmarks surged last week on fears the conflict in the Middle East could widen, with global benchmark Brent gaining 7.5% in its highest weekly gain since February. The Biden administration has been seeking ways to increase the flow of oil to world markets to alleviate high prices. But any real oil output increase by Venezuela will take time due to lack of recent investments.

Persons: Brent, Nicolas Maduro, Maduro's, Washington, Biden, Sudarshan Varadhan, Sonali Paul Organizations: Venezuela, U.S, West Texas, U.S ., Organization of, Petroleum, Brent, ANZ Research, Thomson Locations: SINGAPORE, U.S, Washington, Israel, Venezuela

[1/2] Venezuela's President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. It was not immediately known how soon the U.S. might act or how far it could go with sanctions relief. U.S. sources have also said any relaxation of sanctions would be reversible if Maduro fails to meet his election commitments. Maduro, president since 2013, is expected to run for re-election but has not yet formalized his candidacy. The U.S. imposed sanctions on Venezuela to punish Maduro's government following a 2018 election that Washington considered a sham.

Persons: Nicolas Maduro, Ebrahim Raisi, Leonardo Fernandez Viloria, Joe Biden's, Maduro, Maria Corina Machado, Jorge Rodriguez, Rodriguez, Gerardo Blyde, Machado, Maduro's, Washington, Deisy Buitrago, Vivian Sequera, Matt Spetalnick, Julia Symmes Cobb, Will Dunham, Josie Kao Organizations: REUTERS, Rights, European Union and United Nations, Reuters, U.S, Petroleum, Thomson Locations: Miraflores, Caracas, Venezuela, Rights CARACAS, WASHINGTON, U.S, Washington, Maduro, Barbados, Qatar, Houston

☆ This is the No. 1 trait Serena Williams, Steven Spielberg and Tiger Woods all share, Arnold Schwarzenegger says
▼ + stars: | 2023-10-17 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Indeed, Schwarzenegger says that having a vision of what you want is a key first step towards achieving your goals. "It can begin by looking back in time and thinking very broadly about the things you used to love," Schwarzenegger writes. "Your obsessions are a clue to your earliest vision for yourself, if only you had paid attention to them in the beginning." In his own case, Schwarzenegger says his initial vision was simply "of America." Though he didn't yet know how he would do it, he had a clear goal of coming to the United States.

Persons: Arnold Schwarzenegger, He's, Schwarzenegger Organizations: Hollywood Locations: Austria, New York City, United States

☆ Oil prices edge higher ahead of Biden Middle East trip
▼ + stars: | 2023-10-17 | by ( Nicole Jao | ) www.reuters.com time to read: +3 min

SummaryCompanies Biden travels to Middle East on WednesdayBiden trip will balance Israel support with containing warUS-Venezuela talks could see oil sanctions easeUPCOMING - U.S. oil inventory data from API and EIANEW YORK, Oct 17 (Reuters) - Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Fears the Middle East conflict could widen drove big gains in both oil benchmarks last week. The U.S. government has been seeking ways to increase the flow of oil to world markets to alleviate high prices. But any real oil output increase by Venezuela will take time because of a lack of investment. Looking ahead, the oil market is waiting for U.S. oil inventory data from the American Petroleum Institute (API), an industry group, on Tuesday and the government's Energy Information Administration (EIA) on Wednesday.

Persons: Companies Biden, Joe Biden, Brent, Biden's, Edward Moya, Nicolas Maduro's, Washington, Phil Flynn, Nicole Jao, Paul Carsten, Sudarshan, Kim Coghill, Ed Osmond, Jan Harvey, Barbara Lewis Organizations: Companies, Middle East, Wednesday Biden, U.S, Israel, Hamas, . West Texas, Brent, Wednesday, OPEC, Organization of Petroleum Exporting, Price Futures, Saudi Aramco, American Petroleum Institute, government's Energy Information Administration, Thomson Locations: Middle, Israel, Venezuela, Iran, Lebanon, Washington, U.S, Saudi, OPEC, Russia, New York, London, Singapore

☆ Mexico logs sharp uptick in Venezuelan migrants amid latest surge
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jose... Acquire Licensing Rights Read moreMEXICO CITY, Oct 17 (Reuters) - More migrants crossed into Mexico last month, led by a sharp increase from Venezuela but also significant numbers from Guatemala and Honduras, Mexico's top diplomat told lawmakers on Tuesday. In testimony to Mexican senators, Foreign Minister Alicia Barcena said that in the month of September alone, 60,000 Venezuelan migrants, 35,000 Guatemalan migrants and 27,000 Honduran migrants arrived in Mexico. The September data comes ahead of Sunday's migration summit in the southern Mexican town of Palenque hosted by President Andres Manuel Lopez Obrador where regional leaders will discuss rising U.S.-bound migration in Latin America. After U.S. authorities authorized in May more legal pathways to enter the United States, the numbers of migrants crossing Mexican territory fell abruptly. Barcena also noted that some 1.13 million migrants have so far this year reached Mexico's southern border with Guatemala, and that 1.75 million had reached the U.S.-Mexico border.

Persons: Cheila Gonzalez, Alicia Barcena, Andres Manuel Lopez, Gustavo Petro, Venezuela's Nicolas Maduro, Barcena, Raul Cortes, Isabel Woodford, Sandra Maler Organizations: REUTERS, MEXICO CITY, U.S, Thomson Locations: Guatemala, United States, Ciudad Juarez, Villa Ahumada, Chihuahua, Mexico, Jose, MEXICO, Venezuela, Honduras, Mexico's, Palenque, America

☆ FTX top engineer testifies Bankman-Fried spent $1.13 billion on celebrities and sponsorships
▼ + stars: | 2023-10-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

She was preceded by Bankman-Fried's former close friend and college roommate Gary Wang, who was an FTX co-founder. In response to questions from Assistant U.S. Attorney Nicolas Roos, Singh said he frequently went to Bankman-Fried to voice his concerns over the company's spending. He told the court that he would tell Bankman-Fried he was "embarrassed" and "ashamed," and that the level of spending "reeked of excessiveness" and "flashiness." Bankman-Fried faces seven criminal counts related to the collapse of FTX and Alameda, including wire fraud, securities fraud and money laundering that could put him in prison for life. At the time, Singh pleaded guilty to six charges, including conspiracy to commit securities fraud, conspiracy to commit money laundering and conspiracy to violate campaign finance laws.

Persons: Nishad Singh, FTX's, Sam Bankman, Singh, Caroline Ellison, Gary Wang, Nicolas Roos, Fried, He's, Ellison, Gabe Organizations: Alameda Research, U.S, University of California, Facebook, Alameda Locations: Manhattan, FTX, Alameda, Bay, Bankman, Berkeley

Any U.S. action would come only after Venezuela's opposition and Maduro's representatives sign an agreement under which he commits to a presidential election date and to the lifting of bans on some opposition candidates, these two sources said. It would also allow participation of opposition figures who are currently barred from holding office, the source added. Reuters reported last week, citing five sources, that Venezuela and the United States had progressed in talks that could allow at least one additional foreign oil firm to take Venezuelan crude oil for debt repayment if Maduro resumed negotiations with the opposition. Two of those sources had named France's Maurel & Prom (MAUP.PA), a joint venture partner with Venezuela state-run oil company PDVSA, as a possible recipient of a comfort letter. The return to talks was announced in a statement published by Norway, an observer of the talks, which are meant to provide a way out of Venezuela's long-running political and economic crisis.

Persons: Elvis Hidrobo Amoroso, Jesus Maria Casal, Venezuela's, Leonardo Fernandez Viloria, Nicolas Maduro, Maduro, Maduro's, Maurel, Maria Corina Machado, Mayela Armas, Matt Spetalnick, Marianna Parraga, Julia Symmes Cobb Organizations: Electoral Council, Primary Commission, REUTERS, Rights, Reuters, Thomson Locations: Caracas, Venezuela, Rights CARACAS, WASHINGTON, United States, Washington, Barbados, U.S, mull, Israel, Norway, Houston

The negotiations, meant to provide a way out of Venezuela's long-running political and economic crisis, will take place in Barbados. The U.S. State Department celebrated the announcement of the return to talks but did not mention sanctions relief. Some members of the opposition said on Monday that they doubted Maduro would follow through on his promises. But with no substantial investment in Venezuela's oil sector for over a decade, any real oil output increase will take time, according to analysts. The return to talks between Maduro's government and the opposition was announced in a statement published by Norway, an observer.

Persons: Elvis Hidrobo Amoroso, Jesus Maria Casal, Venezuela's, Leonardo Fernandez Viloria, Nicolas Maduro, Joe Biden's, Donald Trump's, Maduro, Maria Corina Machado, Maurel, PDVSA, Maduro's, Washington, Biden, John Barrasso, Mayela Armas, Matt Spetalnick, Marianna Parraga, Julia Symmes Cobb, David Gregorio Our Organizations: Electoral Council, Primary Commission, REUTERS, Rights, U.S . State Department, Reuters, U.S, Republican U.S, United Nations, Thomson Locations: Caracas, Venezuela, Rights CARACAS, WASHINGTON, HOUSTON, Washington, U.S, Maduro, Barbados, United States, Venezuelan, The U.S, Qatar, China, Russia, Cuba, Ukraine, OPEC, America, Norway, Houston

The opposition considers the bans unlawful, and Washington has rejected any roadblocks to opposition candidates' race to the presidency. The agreement to be signed on Tuesday would lift all public office bans, one opposition source told Reuters, but its wording is too vague to inspire confidence that Maduro will honor the deal. Four other opposition sources agreed, with one saying the deal was largely negotiated by the United States. "We all have our doubts, but we're exhausting our options," said another opposition source. The U.S., which is expected to loosen some sanctions in recognition of the government-opposition deal, will act only once the deal has been signed, sources told Reuters on Monday.

Persons: Nicolas Maduro, Venezuela Milton Rengifo, Leonardo Fernandez Viloria, Maria Corina Machado, There's, Maduro, What's, Benigno Alarcon, Andres, Alarcon, it's, Marianna Parraga, Mayela, Deisy Buitrago, Julia Symmes Cobb, David Gregorio Our Organizations: REUTERS, Rights, Reuters, Maduro's, United, Andres Bello Catholic University, Mayela Armas, Thomson Locations: Venezuela, Miraflores, Caracas, Rights CARACAS, HOUSTON, Barbados, Washington, United States, U.S, Doha, Houston

☆ Former FTX engineer tells jury about panicky rooftop meeting where he learned how bad things were
▼ + stars: | 2023-10-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

During that exchange, Singh said he learned from Wang that Alameda was borrowing $13 billion from FTX. Singh asked about the size of the shortfall, and Bankman-Fried said that was the wrong question to be asking. After Singh asked if he would finally agree to curb spending, Bankman-Fried said, "Yes, definitely." There, Singh told the jury, he thought he might quit but instead asked Bankman-Fried for a real sense of how things went on the overseas trip. Singh told the jury that he faces a max of 75 years in prison but is "hoping for no jail time."

Persons: Singh, Caroline, Fried, Caroline Ellison, Gary Wang, Nishad Singh, Sam Bankman, Nicolas Roos, I'm, wasn't, Ramnik Arora, Anthony Scaramucci, he'd, Bankman, Dawn Giel Organizations: Alameda, Alameda Research, U.S, Federal Court Locations: Bahamas, Alameda, Wang, Manhattan, FTX, New York City, New York, Bankman

☆ US, Venezuela to announce oil sanctions deal on Tuesday -report
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Oct 16 (Reuters) - The Biden administration and Venezuelan President Nicolas Maduro's government are expected to announce a deal on Tuesday that would ease U.S. sanctions on Caracas' oil industry while opening up Venezuela's 2024 presidential election, the Washington Post reported on Monday. The Post, citing two people familiar with the talks, said the sanctions relief was expected to be announced after Venezuela signs onto election commitments at a meeting in Barbados. Venezuela and U.S. envoys have met several times since last year in a renewed effort to solve a long-running political and economic crisis in Venezuela, including discussions on a presidential election, with recent progress indicating fresh oil sanction exemptions, five sources previously told Reuters. Representatives for the White House and the State Department had no immediate comment on the reported Tuesday announcements. Reporting by Katharine Jackson and Susan Heavey; editing by Jasper WardOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicolas Maduro's, Katharine Jackson, Susan Heavey, Jasper Ward Organizations: Biden, Washington Post, Reuters, White, State Department, Thomson Locations: Caracas, Venezuela, Barbados, U.S

☆ Palestinian Authority President Criticizes Hamas in Call With Venezuelan Leader
▼ + stars: | 2023-10-15 | by ( Fatima Abdulkarim | ) www.wsj.com time to read: 1 min

Palestinian Authority President Mahmoud Abbas criticized the actions of Hamas in a phone call with Venezuelan President Nicolás Maduro, according to Palestinian news agency WAFA, his first public comments on the group since the Oct. 7 killings of Israeli civilians by Hamas. Abbas, who said Hamas’s actions don’t represent the Palestinian people, called for the release of “civilians, prisoners, and detainees on both sides of the conflict.” He also urged an “immediate cessation of Israeli aggression against Palestinians” and called for the opening of urgent humanitarian corridors to Gaza.

Persons: Mahmoud Abbas, Nicolás Maduro, WAFA, Abbas, ” Organizations: Venezuelan Locations: Gaza

☆ President Abbas says Hamas' actions do not represent Palestinians
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: 1 min

Palestinian President Mahmoud Abbas addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsOct 15 (Reuters) - Palestinian Authority President Mahmoud Abbas said the actions and policies of Islamist group Hamas do not represent Palestinian people, according to official news agency WAFA. In a phone call with Venezuelan President Nicolas Maduro, Abbas also called the Palestine Liberation Organization the "sole legitimate representative of the Palestinian people," WAFA said. "The president affirmed his rejection of the killing of civilians on both sides and called for the release of civilians, prisoners and detainees on both sides," added the news agency. Reporting by Hatem Maher and Ahmed Tolba; Editing by Deepa Babington and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Mahmoud Abbas, Brendan McDermid, Nicolas Maduro, Abbas, WAFA, Hatem Maher, Ahmed Tolba, Deepa Babington, Lisa Shumaker Organizations: General Assembly, REUTERS, Palestinian, WAFA, Venezuelan, Palestine Liberation Organization, Thomson Locations: New York City, U.S, Palestine

☆ Hamas critique removed from Palestinians' Abbas comments on Israel attack
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +2 min

Palestinian President Mahmoud Abbas addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. The comments, published by WAFA on its website, came during a phone call between Abbas and Venezuelan President Nicolas Maduro. Abbas' Palestinian Authority exercises limited self-rule in the Israeli-occupied West Bank. He has long been opposed to Hamas, which seized control of Gaza in 2007 and ousted Fatah party forces loyal to Abbas. Abbas also heads the PLO, the umbrella group that represented the Palestinians in past U.S.-sponsored peace talks with Israel.

Persons: Mahmoud Abbas, Brendan McDermid, WAFA, Abbas, Nicolas Maduro, Fatah, Rami Ayyub, Hatem Maher, Ahmed Tolba, Deepa Babington, Lisa Shumaker, Sonali Paul Organizations: General Assembly, REUTERS, Palestinian, Palestine Liberation Organization, PLO, Hamas, Palestinian Authority, West Bank, Thomson Locations: New York City, U.S, Gaza, Israel

PARIS (AP) — The Louvre Museum in Paris and Versailles Palace evacuated visitors and staff Saturday after receiving bomb threats, police said. Paris police said officers searched the museum after it received written bomb threats. Political Cartoons View All 1211 ImagesThe former royal palace at Versailles also received bomb threats, and the palace and its sprawling gardens were being evacuated while police examine the area, according to national police. Macron urged the people of France to “stay united.”___Schaeffer reported from Arras, France. Associated Press journalists Thomas Padilla in Paris and Nicolas Garriga in Arras, France contributed to this report.

Persons: Emmanuel Macron's, Mona Lisa, Gerald Darmanin, Mohammed M, Gambetta, Carnot, ″, Emily Noge, ’ ’ It’s, ‴, Samuel Paty, Macron, “, ” ___ Schaeffer, Thomas Padilla, Nicolas Garriga Organizations: PARIS, Louvre Museum, Police, police, Gare de Lyon, Counterterrorism, The Associated Press, Education Ministry, Associated Press Locations: Paris, Versailles, France, Israel, Louvre, Gare, Arras, Ingushetia, Chechnya, Chechen

ARRAS, France (AP) — France will mobilize up to 7,000 soldiers to increase security around the country after a teacher was fatally stabbed and three other people wounded in a school attack by a former student suspected of Islamic radicalization, the president’s office said Saturday. Counterterrorism authorities are investigating the stabbing, and the suspected assailant and several others are in custody, prosecutors said. The suspect is a Chechen who had attended the school and had been under recent surveillance by intelligence services for radicalization. The “Attack Emergency” threat posture allows the government to temporarily mobilize the military to protect public places among other measures. For many in France, the attack echoed the killing of another teacher, Samuel Paty, almost exactly three years ago near his Paris area school.

Persons: Gambetta, Carnot, Emmanuel Macron, Samuel Paty, Gerald Darmanin, “ Allahu akbar, Dominique Bernard, Macron, “, ”, ” ___, Nicolas Garriga, John Leicester Organizations: —, Counterterrorism, Associated Press, Prosecutors, ” ___ Charlton Locations: ARRAS, France, — France, Arras, Israel, Chechen, Paris

Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018. Rebuilding the London nickel contract is clearly very much work in progress. FIXING NICKELOthers, meanwhile, are looking to muscle into the LME's nickel price discovery domain. The Shanghai market also took a big collateral hit from the London turmoil, volumes on its nickel contract collapsing by 53% last year relative to 2021. The blow-out of the nickel contract and the resulting near-death experience of both brokers and exchange have sapped confidence in the historical market of last resort.

Persons: Simon Dawson, Elliott, Nicolas Aguzin, Matthew Chamberlain, hasn't, it's, Ireland's, Kirsten Donovan Organizations: London Metal Exchange, REUTERS, U.S, Elliott Associates, Jane, Trading, Hong Kong Exchanges, HK, Bloomberg, London, Global Commodities Holdings, Abaxx Commodities Exchange, Canadian, Technologies Inc, Shanghai Futures Exchange, EV, CME, Reuters, Thomson Locations: London, Britain, London's, China, Shanghai, U.S

☆ Best Buy will stop selling Blu-rays, DVDs in 2024: 'The way we watch movies and TV shows is much different today'
▼ + stars: | 2023-10-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

It's going to get a little bit harder to get your hands on a physical copy of your favorite movie. Best Buy this week confirmed reports that it will soon stop selling DVDs and Blu-ray discs at its more than 900 stores nationwide, as well as on its website. "To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago," a spokesperson for the electronics chain told Variety on Friday. "Making this change gives us more space and opportunity to bring customers new and innovative tech for them to explore, discover and enjoy," they added. A representative for Best Buy did not respond to CNBC Make It's request for comment.

Persons: Variety Organizations: CNBC

☆ Macron to address nation amid rise in antisemitic acts in France
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +3 min

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

☆ Cubelli back as Argentina make double change for Wales quarter-final
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +3 min

But Isa will play at number eight against Wales with Juan Martin Gonzalez moving to the open side in place of Matera for the clash in Marseille. I love the fellas, they’re always together, they’re a very committed team and I know that they’ll really enjoy this occasion," Cheika told a press conference. Cubelli was the undisputed first-choice scrumhalf for the Pumas between 2017 and 2021 but he was sidelined after suffering a torn left thigh muscle before Scotland's tour of Argentina last year. “Obviously I think a lot of Tomas Cubelli because he’s in the team for Saturday," added the coach. He’s tough, he’s committed and he loves playing for Argentina and I think that sums him up,” said Cheika.

Persons: scrumhalf Tomas Cubelli, Michael Cheika, Pablo Matera, Facundo Isa, Isa, Juan Martin Gonzalez, Cubelli, Gonzalo Bertranou, Lautaro Bazan, they’re, Cheika, Tomas Cubelli, he’s, ”, Juan Cruz Mallia, Emiliano Boffelli, Lucio Cinti, Santiago Chocobares, Mateo Carreras, Santiago Carreras, Marcos Kremer, Tomas Lavanini, Guido Petti, Francisco Gomez Kodela, Julian Montoya, Thomas Gallo, Agustín Creevy, Joel Sclavi, Eduardo Bello, Matias Alemanno, Rodrigo Bruni, Lautaro Bazan Velez, Nicolas Sanchez, Matías Moroni, Mark Gleeson, Toby Davis Organizations: Pumas, Matera, PARIS, Wales, Japan, Lautaro Bazan Velez, England, Samoa, Chile, Argentina, Thomson Locations: Argentina, Nantes, France, Matera, Marseille, Cheika, Paris

☆ Meet the Main Players in the FTX Trial
▼ + stars: | 2023-10-10 | by ( Wsj Staff | ) www.wsj.com time to read: 1 min

The ProsecutionFederal prosecutors say Bankman-Fried is the architect of one of the biggest financial frauds in U.S. history. They say he stole billions of dollars from FTX customers, using the funds to enrich himself, fund venture investments and make campaign contributions. The prosecution is led by Danielle Sassoon and Nicolas Roos, assistant U.S. attorneys. Yuki Iwamura/Bloomberg News

Persons: Danielle Sassoon, Nicolas Roos, Yuki Iwamura Organizations: Bloomberg

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