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* Drahi, who lives between Switzerland, the United States and Israel, controls France's second-biggest telecoms firm SFR on top of the most-watched news channel in the country, BFM TV. He also owns the largest telecoms firm in Portugal. * To ease investor concerns about the sustainability of the business, Drahi spun off the U.S. division, restructured debt and took the European arm private. * By 2023, Altice's combined debt, including its three units of Altice France, Altice International and Altice USA stood at around $60 billion. Altice's debt prices trade at stressed levels, having come under further pressure since Pereira's detention in July.
Persons: Patrick Drahi, Violeta Santos Moura, Altice, Drahi, Altice's, Armando Pereira, Pereira, Silvia Aloisi, Ingrid Melander, Sharon Singleton, Louise Heavens Organizations: French, REUTERS, Polytechnique, SFR, U.S ., Altice, Altice USA, BT, Thomson Locations: Paris, France, French, Israeli, Morocco, Drahi, Amsterdam, Belgium, Portugal, Israel, United States, Dominican Republic, Switzerland, London, New York
Fifteen employees have been put on leave in Portugal, France and the United States since news broke about the probe, which is currently limited to Portugal, said Drahi. Pressed by analysts on the call to lay out the role and extent of Pereira's involvement within the Altice group, Drahi said Pereira, whom he hired in 2003, had not held any stake in any Altice entity since 2005. Altice International, the entity that owns telecoms firm PT Portugal, is owned by Drahi's personal holding Next. The other two entities are Altice USA and Altice France, home to France's second biggest telecoms firm SFR. The debt has come under further pressure since Pereira's July detention, with longer-term debt issued by Altice France trading around 80 cents to the euro while those of Altice France Holding trade around 40 cents to the euro.
Persons: Patrick Drahi, Violeta Santos Moura, Drahi, Armando Pereira, Pereira, Altice, Mathieu Rosemain, Yoruk Bahceli, Ingrid Melander, Silvia Aloisi, Conor Humphries Organizations: French, REUTERS, Altice, PT Portugal, Altice International, Thomson Locations: Paris, France, Portugal, United States, Altice France
Ukraine shared images of French-supplied SCALP-EG missiles the day it struck two Crimean bridges. The SCALP-EG, France's version of the Storm Shadow, is a powerful air-launched cruise missile. That same day, Ukraine's Ministry of Defense released images confirming the arrival of SCALP-EG missiles — the French version of the Storm Shadow. Ukraine announced it had damaged two Crimean bridges with a Storm Shadow missile on August 7, 2023 Ministry of Defense of UkraineThe SCALP-EG missile is France's version of the Storm Shadow, which the UK started to give to Ukraine earlier this year. In the tweet, Ukraine said that Russians had only "found" the missiles when the Crimean bridges were struck by them.
Persons: Dmitry Peskov, Le, Volodymyr Zelenskyy, Volodymyr Saldo, Ukraine Anton Gerashchenko Organizations: Storm, Service, Ukraine, Storm Shadow, Ukraine's Ministry of Defense, of Defense, Ukraine's Air Forces Day, Eiffel, , Times, UK's Ministry of Defence Locations: Ukraine, Wall, Silicon, Crimean, France, Ukrainian, Kherson, , Henichesk, London, Russia
Ganna beats tech guru Bigham to pursuit gold
  + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com   time to read: +3 min
For Ineos Grenadiers road powerhouse Ganna, twice the road time trial world champion, it was consolation after Olympic champions Italy lost in the final of the team pursuit to Denmark on Saturday. "Thanks to Dan for an amazing battle in this velodrome," the 27-year-old Ganna said after claiming his seventh track world title, six of them coming in the 4km individual pursuit. Aerodynamics guru Bigham was part of Britain's gold medal-winning team pursuit squad at last year's track worlds and is eyeing next year's Olympics in Paris. He worked with the Denmark team pursuit squad that won the 2020 world title in Berlin in a then world record time. The pair shared a warm embrace after the race with Bigham saying they had a 'mutual respect' for each other's skills.
Persons: Daniel Bigham, Filippo Ganna, Ganna, Dan, Bigham, Belgium's Victor Campenaerts, Ineos, Filippo, I'm, it's, I've, Lotte Kopecky, Belgium's, France's Valentine Fortin, Jennifer Valente, Iuri Leitao, Benjamin Thomas, Martyn Herman, Clare Fallon, Pritha Organizations: GLASGOW, Ineos Grenadiers, Olympic, Italy, Thomson Locations: Ganna, Denmark, Paris, Swiss, Berlin, Grenchen, Andorra, United States, American, Portugal
Leitao makes history with Portugal's first gold
  + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com   time to read: +2 min
GLASGOW, Aug 6 (Reuters) - Iuri Leitao made history when he claimed Portugal's first ever world title in track cycling by winning the men's omnium event in Glasgow on Sunday. With a comfortable cushion to take into the final points race, Leitao stayed out of trouble and held off the challenge of France's two-time omnium world champion Benjamin Thomas. Portugal has a pedigree in road cycling but, with only one velodrome in the country, track cycling is the poor relation. Now we have a lot of young riders so I think we have given a little bit of motivation for them. "And it's really good to be to be a world champion in giving the hope to the new generation."
Persons: Leitao, Portugal's, Benjamin Thomas, Thomas, Martyn Herman, Clare Fallon Organizations: GLASGOW, Sunday, UCI, UCI ProTeam Caja, Thomson Locations: Glasgow, Portugal
Those three signings were all completed early in the close4 season meaning Arsenal should be ready to hit the ground running when they kick off at home to Nottingham Forest next Saturday. While Rice's price tag appears over-inflated, he looks capable of giving Arsenal the drive their midfield began to lack in the closing months of the campaign. Timber offers the sort of defensive depth Arsenal sadly lacked after France's William Saliba was injured in March. "The players will have learned a hell of a lot with that title run, and this year is about going that one step ahead. ($1 = 0.7843 pounds)($1 = 0.9112 euros)Reporting by Martyn Herman; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Arsenal's Kai Havertz, Declan Rice, Peter Cziborra, Mikel Arteta's, Kai Havertz, Martin Odegaard, Havertz, Mikel Arteta, Granit Xhaka, William Saliba, Gabriel Martinelli, Gabriel Jesus, Rice, Arsenal's, Martyn Herman, Ken Ferris Organizations: Soccer, Arsenal, AS Monaco, Emirates, Peter Cziborra LONDON, Manchester City's, Premier League, City . Arsenal, West Ham United, Ajax Amsterdam, Nottingham Forest, Bayer Leverkusen, Timber, City, Barcelona, Thomson Locations: London, Britain, West, Chelsea, Arsenal's, California
FILE PHOTO-A woman walks past a Credit Agricole logo outside a bank office in Reze near Nantes, France, May 12, 2021. The results boosted Credit Agricole SA's (CAGR.PA) stock, which was up by about 5% at 0817 GMT, making it the best performer within France's blue-chip index CAC 40 (.FCHI). Helping the positive sentiment, the investment vehicle of the mutual banks that control Credit Agricole said it would spend 1 billion euros on the bank's shares, further tightening its grip on the lender. The vehicle currently owns 60.2% of Credit Agricole SA and said it had no intention to go beyond 65%. Degroof Petercam has client assets of 71 billion euros, while Indosuez said it had assets under management of 130 billion euros at the end of 2022.
Persons: Stephane Mahe, Degroof, France's, JP Morgan, Degroof Petercam, Indosuez, Xavier Musca, Musca, Mathieu Rosemain, Geert de Clercq, Piotr Lipinski, Ingrid Melander, Augustin Turpin, Alexander Smith Organizations: REUTERS, Agricole, CAC, PARIS, Credit Agricole, Credit Agricole SA, Royal Bank of Canada, Barclays, Credit Agricole's, Indosuez, KBC, Thomson Locations: Reze, Nantes, France, Belgian
The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. REUTERS/Stephane Mahe/File PhotoPARIS, Aug 3 (Reuters) - Talks to sell parts of French company Atos (ATOS.PA) to Czech billionaire Daniel Kretinsky are raising concerns among some French lawmakers, who say the deal risks undermining the independence of France's nuclear deterrence. Lawmakers cannot block a sale of a French company, only the government can if it considers there is a strategic reason for doing so. The lawmakers questioned why an alternative French buyer, a consortium of French companies Astek and ChapsVision, who were reported in French media to have been interested, were not given more consideration. A source close to Astek said Atos's cybersecurity business also hosted other sensitive assets crucial to French intelligence interests.
Persons: Stephane Mahe, Daniel Kretinsky, Atos, Thursday's, Figaro, Cedric Perrin, Kretinsky, Perrin, Astek, Atos's, Michel Rose, Mathieu Rosemain, Sharon Singleton Organizations: REUTERS, Les, Kretinsky, Casino, Reuters, Thomson Locations: Nantes, France, Czech, Europe
The beat was underpinned by much lower-than-expected "cost of risk" - money set aside for failing loans - of 166 million euros. Analysts had expected 430 million euros. Dubbed a "year of transition" by Krupa's predecessor Frederic Oudea, 2023 is also marked by a severe downturn at SocGen's French retail banking division, fresh from a merger of its two local networks. The second quarter was also affected by negative exceptional items of 240 million euros, which Credit Suisse analysts said were tied to "legacy legal disputes". Retail banking outside France fared better, as did SocGen's car leasing division ALD Automotive (ALDA.PA), whose sales jumped by more than 17% thanks to the acquisition of rival LeasePlan.
Persons: Gonzalo Fuentes, Krupa, Slawomir Krupa, France's, Jefferies, Frederic Oudea, Intesa, LeasePlan, SocGen, Mathieu Rosemain, Augustin Turpin, Ingrid Melander, Mark Potter Organizations: Societe Generale, La Defense, REUTERS, Royal Bank of Canada, European Central Bank, Credit Suisse, Retail, ALD Automotive, Thomson Locations: French, Courbevoie, Paris, France, PARIS, Russia
REUTERS/Dado Ruvic/Illustration/File photoPARIS, Aug 3 (Reuters) - Rothschild & Co (ROTH.PA), the Paris-listed investment bank being taken private by its owners, reported on Thursday a 10% fall in first-half sales, driven by a plunge in dealmaking activity. Rothschild said its first-half net income, group share, nearly halved from a year earlier to 128 million euros. In a call with reporters, Managing Partner Francois Perol confirmed the investment bank expected net income to more than halve this year due to the sharp fall in dealmaking. He said the consortium that seeks to take the company private already owned more than 80% of the shares following the buyout offer valuing Rothschild at 3.7 billion euros. Concordia, the bank's controlling shareholder and holding company of the Rothschild family, was joined by three of France's wealthiest families in the take-private transaction.
Persons: Dado Ruvic, Rothschild, Francois Perol, Mathieu Rosemain, Susan Fenton Organizations: Rothschild, REUTERS, Rothschild & Co, Global, Concordia, Thomson Locations: PARIS, Paris, dealmaking, Rothschild
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoAug 3 (Reuters) - Agence France-Presse (AFP) said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter, accusing it of failing to discuss potential payment for the distribution of the news agency's content. France in 2019 enacted a copyright rule dubbed "neighbouring rights" that compels large online platforms to open talks with publishers seeking remuneration for news. Musk criticised AFP's move in an X social media post. Since then, Google has committed to resolving the dispute and has announced deals with AFP and several other leading French news organisations.
Persons: Carlos Barria, Elon Musk's, Musk, AFP's, Shubham, Edwina Gibbs Organizations: REUTERS, Agence France, Presse, Twitter, Google, AFP, Facebook, Thomson Locations: San Francisco , California, U.S, AFP, Paris, France, Bengaluru
ATP roundup: Yosuke Watanuki records upset in Washington
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +2 min
[1/4] Aug 2, 2023; Washington, D.C., USA; Yosuke Watanuki (JPN) hits a backhand against Felix Auger-Aliassime (CAN) (not pictured) on day five of the Mubadala Citi DC Open at Fitzgerald Tennis Stadium. Mandatory Credit: Geoff Burke-USA TODAY SportsAugust 3 - Japan's Yosuke Watanuki prevailed in a wild first-set tiebreaker en route to a 7-6 (10), 7-6 (3) upset of No. 3 seed Felix Auger-Aliassime on Wednesday in a second-round match at the Mubadala Citi DC Open in Washington. Watanuki jumped out to a 4-1 lead in the opening set's tiebreaker, but Auger-Aliassime stormed back and eventually held leads of 5-4 and 9-8. But Watanuki held firm, and on his fifth set point, he was finally able to get past the Canadian.
Persons: Yosuke, Felix Auger, Geoff Burke, Watanuki, Aliassime, Jordan Thompson, Adrian Mannarino, Frenchman Gregoire Barrere, Daniel Evans of, Tallon Griekspoor, Christopher Eubanks, Ugo Humbert, Gael Monfils, Great, Andy Murray, Taylor Fritz, Zachary Svajda, Alex Molcan, Sebastian Ofner, Molcan, Argentina's Sebastian Baez, Roberto Carballes Baena, France's Arthur Rinderknech, Colombia's Daniel Elahi Galan, Dominic Thiem, Djere, Argentina's Tomas Martin Etcheverry, Pedro Cachin Organizations: D.C, Citi DC, Fitzgerald Tennis, USA, ., Austrian, Thomson Locations: Washington, USA, France, Daniel Evans of Great Britain, Slovakia, Kitzbuhel, Austria, Spain, Serbia
Societe Generale , France's third-biggest listed bank, reported better-than-expected quarterly earnings on Thursday, as cost management and a strong growth of its car leasing division alleviated a steep fall in margins at its retail branch. SocGen reported a 900 million-euro, or $984 million, group net income for the three months-period ending in June, above the average analyst estimate compiled by the company of 670 million euros. The beat was also underpinned by lower-than-expected "cost of risk" — money set aside for failing loans — of 166 million euros in the second quarter, while the markets expected more than twice that figure, or 430 million euros. "The cost of risk was very low, reflecting the quality of our origination and our loan portfolio," said Chief Executive Slawomir Krupa, who was unveiling his first quarterly results in his new role. The bank, which confirmed its full-year objectives, didn't mention longer-term targets, as all eyes are now set on Sept. 18, when Krupa and his new executive team will present a strategic plan.
Persons: Slawomir Krupa, Krupa Organizations: Generale Locations: Russia
The Barclays headquarters building is seen in the Canary Wharf business district of east London February 6, 2013. REUTERS/Neil Hall/File PhotoLONDON, Aug 3 (Reuters) - British bank Barclays (BARC.L) is weighing up whether to move its continental Europe headquarters from Dublin to Paris, in a potential further boon for the French capital as it seeks to expand as a global financial centre after Brexit. Barclays said in an interim earnings filing for its Barclays Bank Ireland business - known internally as Barclays Europe -that it was exploring switching its European Union headquarters in order to "be closer to the balance of operations" of the division on the continent. Any potential move by Barclays would result in a "small number of roles" moving to Paris, the document said, adding initial engagement with regulators and other stakeholders was underway. It would also not impact the group's UK activities, it added, where the bank's global headquarters are in London.
Persons: Neil Hall, Iain Withers, Huw Jones, Kirsten Donovan Organizations: Barclays, REUTERS, Brexit, Barclays Bank Ireland, European Union, Thomson Locations: Canary Wharf, London, British, Europe, Dublin, Paris, Barclays Europe
Lyon sign France forward Diani on four-year deal
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +1 min
Diani, the leading scorer in the French top flight in the 2022-23 season with 17 goals, joined PSG in 2017 from Paris FC. She helped PSG to win the league title in 2021 and two French Cups, in 2018 and 2022, and has scored more than 90 goals in nearly 170 games in all competitions in the past six years. The 28-year-old, currently with the French national team at the Women's World Cup, netted a hat-trick, including two penalties, to lead France to a frenzied 6-3 victory over debutants Panama and into the last 16 on Wednesday. She scored on her France debut in November 2014 in a 2-1 friendly win over New Zealand and has earned nearly 90 caps and scored more than 30 goals since then. Reporting by Anita Kobylinska in Gdansk; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.
Persons: Carl Recine, Paris St Germain, Diani, Anita Kobylinska, Clare Fallon Organizations: Soccer Football, FIFA, Sydney Football Stadium, Olympique Lyonnais, Paris St, PSG, Paris FC, French, debutants, France, New Zealand, Thomson Locations: New Zealand, Panama, France, Sydney, Australia, debutants Panama, Gdansk
[1/5] Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group F - Panama v France - Sydney Football Stadium, Sydney, Australia - August 2, 2023 France's Kadidiatou Diani celebrates scoring their third goal with teammates REUTERS/Carl RecineSYDNEY, Aug 2 (Reuters) - Kadidiatou Diani netted a hat-trick, including two penalties, to lead France to a frenzied 6-3 victory over debutants Panama on Wednesday and into the last 16 of the Women's World Cup. Les Bleues needed only a draw in the Group F finale against winless Panama. After conceding in the second minute, France dominated, with goals from Maelle Lakrar, Lea Le Garrec and Vicki Becho, despite playing without captain Wendie Renard and all-time leading scorer Eugenie Le Sommer. Marta Cox made history by scoring Panama's first-ever Women's World Cup goal - and the quickest at this tournament at 1:07 - with a stunning 35-yard freekick that curled into the top corner. Lineth Cedeno pulled one back with a header in the 87th minute, given after a VAR review for a potential offside.
Persons: Kadidiatou Diani, Carl Recine SYDNEY, Les Bleues, Maelle Lakrar, Lea Le Garrec, Vicki Becho, Wendie Renard, Eugenie Le Sommer, Marta Cox, Panama's, Cox, Yomira Pinzon, Lineth Cedeno, Lori Ewing, Christian Radnedge Organizations: Soccer Football, FIFA, Sydney Football Stadium, REUTERS, debutants Panama, Panama, Canaleras, Sydney Football, Thomson Locations: New Zealand, Panama, France, Sydney, Australia
Several attempts to take the lead were averted by South Africa (1-1-1). South Africa goalie Kaylin Swart made multiple critical saves down the stretch, including a long-distance try from Italy defender Elena Linari. --Jamaica 0, Brazil 0Jamaica earned a draw in Melbourne to advance to the Round of 16 at the Women's World Cup and send Brazil home from the group stage for the first time since 1995. Jamaica goalkeeper Rebecca Spencer continued her stellar play by keeping Brazil off the board, ending the spectacular World Cup career of Brazilian star Marta, who has a record 17 career World Cup goals. Playing in the Women's World Cup for only the second time, Jamaica needed a GoFundMe campaign to pay for the team to make it to the event.
Persons: Amanda Perobelli, Thembi Kgatlana, Hildah Magaia, Arianna Caruso's, Magaia, Kaylin Swart, Elena Linari, Rebecca Spencer, Marta, Elin Rubensson, Rebecka Blomqvist, Marta Cox, Lea Le Garrec, Kadidiatou Diani, Panama wouldn't, Wendie Renard, Eugenie Le Sommer Organizations: Soccer Football, FIFA, Wellington Regional, South, Jamaica, Copa America, Panama, Thomson Locations: New Zealand, South Africa, Italy, Wellington , New Zealand, Jamaica, Brazil, Melbourne, France, Sweden, Argentina, United States, Hamilton , New Zealand, Tokyo, Panama, Sydney . France
A pushback against climate policies is not just a U.S. issue. Reprisals over climate policies come at a time of record-breaking extreme heat across the globe, with July poised to be the hottest month in human history. Ruling party leader Jarosław Kaczyński described the bloc's green policies as "madness" and akin to "green communism." "At the moment, it looks like green parties are not doing going fantastically well. "The IRA is called an IRA, it is not called a climate act because there's no way that you could get Democrats and Republicans to agree on something called climate," Tocci said.
Persons: Henry Nicholls, Ron DeSantis, DeSantis, ESG, , Kevin McCarthy, Drew Angerer, Nathalie Tocci, Tocci, U.N, António, Sadiq Khan's, Jarosław Kaczyński, Emmanuel Macron, Alexander De Croo, Ursula von der, Kenzo Tribouillard, Joe Biden's, Mark Rutte's, , Jan Willem Erisman, Mateusz Morawiecki, Michal Hetmanski Organizations: Afp, Getty, Republican Gov, House, Biden, U.S, Capitol, Istituto, CNBC, Farmer, Movement, Internazionali, Belgian, Belgium's, IRA, BBB, Farmers, Anadolu Agency, Getty Images, Leiden University Locations: London, Marble, U.S, Europe, Florida, Washington ,, Italian, Poland, Ostend, European, Netherlands, The Hague, Polish, Warsaw
MELBOURNE, Aug 1 (Reuters) - France coach Herve Renard apologised on Tuesday for his furious outburst at Brazil staff at the end of his team's tight win at the Women's World Cup. With Brazil seeking a late equaliser at Brisbane's Lang Park on Saturday, a frustrated Renard took umbrage in the technical area as injury time dragged on due to frequent stoppages. Pointing at his watch and yelling at the Brazil camp, Renard was restrained by one of his staff and angrily brushed away a match official who intervened. The win over Brazil put France top of the group but level with second-placed Jamaica on four points. Renard said he would make changes to his starting 11 to freshen up the squad, and suggested captain Wendie Renard, who scored the winner against Brazil, might get some time off.
Persons: Herve Renard, Renard, umbrage, I'm, Wendie Renard, Ian Ransom, Robert Birsel Organizations: MELBOURNE, Brazil, Panama, French national, Thomson Locations: France, Brazil, Brisbane's, Sydney, Jamaica, Melbourne
Ukraine has 14," Patrick Hinton, a British Army captain, wrote in a recent article on Ukrainian artillery for the Royal United Services Institute, a British think tank. Ukraine's arsenal of towed 155 mm howitzers includes the US M777, British AS-90, France's TRF1, and the British-German-Italian FH-70. For armored self-propelled 155 mm howitzers, Ukraine has received three variants of the American-made M109, plus Germany's PzH 2000, Poland's Krab, and Slovakia's Zuzana 2. To add to the mix, there is France's truck-mounted 155 mm Caesar gun and Lithuania has sent old US-made M101 towed 105 mm howitzers that were designed in 1941. Crash coursesA Ukrainian serviceman in a PzH 2000 155 mm self-propelled howitzer near Bakhmut in June.
Persons: Patrick Hinton, Muhammed Enes Yildirim, France's TRF1, Poland's Krab, ANATOLII STEPANOV, Cannon, Mykhaylo Palinchak, Hinton, Diego Herrera Carcedo, Michael Peck Organizations: Service, Artillery, Russia, British Army, Royal United Services Institute, Center for Strategic, International Studies, Anadolu Agency, Getty, British AS, NATO, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Wall, Silicon, British, US, Bakhmut, Italian, Lithuania, Czech, AFP, Soviet, Ukrainian, Donetsk, Europe, Forbes
PARIS, Aug 1 (Reuters) - France plans to evacuate hundreds of French and European citizens from Niger over the next 24 hours, its foreign minister said on Tuesday, days after a junta seized power in the west African country. She estimated that hundreds of French citizens and hundreds of citizens from other EU countries wanted to be evacuated. The United States, Germany, and Italy have troops in Niger on counter-insurgency and training missions. Colonna said France had talked with authorities in Niger to make sure the evacuation could proceed safely. A spokesperson for the EU Commission said EU utilities had sufficient inventories of natural uranium to mitigate any short-term supply risks.
Persons: Mohamed Bazoum, Catherine Colonna, France's, Colonna, France, DESTABILISATION, France's BFM, Yevgeny Prigozhin, Russia's Wagner, Orano, Bazoum, Michel Rose, Sudip Kar, Layli, Blandine Henault, Charlotte van Campenhout, Ingrid Melander, Nellie Peyton, Christina Fincher, Alex Richardson, Alexandra Hudson Organizations: Islamic, Kremlin, EU Commission, Nigerien, Regional, ECOWAS, Alexandra Hudson Our, Thomson Locations: France, Niger, West, Central Africa, Russia, Islamic State, al Qaeda, Sahel, Niger's, Niamey, Italy, United States, Germany, Russian, Burkina Faso, Mali, Guinea
France, Brazil resume hunt for World Cup knockout spot
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +2 min
Group F leaders France ignited their campaign with a 2-1 win over Brazil at the weekend after struggling to a goalless draw against Jamaica in their opener. They need only a point in Sydney to reach the knockouts for a fourth straight World Cup. France are locked on four points with Jamaica, who can advance with a win or draw against Brazil in Melbourne. Heavyweights Brazil last exited the World Cup in the group stage in 1995. "Tomorrow's a decider and we don't want to go home," said Brazil great Marta, playing at her sixth and final World Cup.
Persons: Kadidiatou Diani, Dan Peled, Brazil's, France, Herve Renard, Tomorrow's, Marta, Magdalena Eriksson, Hritika Sharma, Christian Radnedge Organizations: Soccer Football, FIFA, Brisbane Football, REUTERS, Reuters Connect AUCKLAND, South, Jamaica, Brazil, G, Argentina, Colombia, Thomson Locations: New Zealand, France, Brazil, Brisbane, Australia, Panama, Jamaica, Sydney, Melbourne, Colombia, Germany, Morocco, South Korea, Sweden, Hamilton, Italy, South Africa, Wellington, Hyderabad
LONDON, July 31 (Reuters) - A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters. Will said the Bavarian state regulator is the lead authority investigating Worldcoin under the European Union's data protection rules because Tools For Humanity, the company behind Worldcoin, has a German subsidiary there. This leads to a number of risks, including whether users have given explicit consent to their highly-sensitive biometric data being processed on the basis of "sufficient and clear" information, Will said. Privacy campaigners have long raised concerns about the wide-scale collection and storage of biometric data, which could increase surveillance or target certain demographic groups. France's privacy watchdog told Reuters on Friday that the legality of Worldcoin's data collection "seems questionable".
Persons: Sam Altman's Worldcoin, Worldcoin, Michael Will, Will, Elizabeth Howcroft, Louise Heavens Organizations: Reuters, Bavarian State Office, Data Protection, Humanity, Worldcoin, Thomson Locations: Bavarian, German, Cayman Islands, France, Germany, Spain
CNBC Daily Open: More signs the Fed might stop hikes
  + stars: | 2023-07-31 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stripping out food and energy prices, core PCE was 4.1%, the lowest annual increase since September 2021, and rose 0.2% from May. Meanwhile, Germany's gross domestic product stagnated in the second quarter, according to flash estimates, but France's GDP grew by 0.5%, easily beating the expected 0.1%. CNBC Pro's Sarah Min breaks down what analysts are expecting from those data points releasing this week.
Persons: Sarah Min Organizations: CNBC, Federal Reserve, Google, of Japan, Apple, Amazon, Dow Jones Industrial, Big Tech
LONDON — European markets were lower Monday as investors digest a heavy week of earnings and look ahead to euro zone inflation data and a key policy decision from the Bank of England. Food and beverage stocks were 0.9% lower in early deals, while oil and gas stocks were up 0.3%. Preliminary euro zone inflation data will be released at 11:00 a.m. CET, with a further fall from June's 5.5% expected to provide some relief for policymakers. The European Central Bank's Christine Lagarde signaled last week that the bank was "open minded" about whether it would raise rates in September as inflation shows signs of easing. The move would mark its 14th consecutive rise as U.K. inflation remains high, having fallen only slightly to 7.9% in June.
Persons: Christine Lagarde, France's Legrand, Pearson Organizations: Bank of England, Bank of Japan, Nikkei, Nasdaq, Heineken Locations: June's, Asia, Pacific, Europe, Netherlands
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