DIRS.INFO The most relevant business & tech news

☆ Top players get better treatment at Wimbledon, says Cornet
▼ + stars: | 2023-07-06 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

LONDON, July 6 (Reuters) - Lower-ranked players are not treated as equals to the big names at Wimbledon, France's former world number 11 Alize Cornet said on Thursday after losing in the second round. "Then in Wimbledon, you have a huge difference between the seeded players and the other players. The difference of treatment and tickets." Two tickets on the outside court, it's too little. "Of course you're a bit more comfortable when you're a better player, but that's how society works.

Persons: Alize Cornet, Elena Rybakina, Roland Garros, Cornet, it's, Martyn Herman, Ken Ferris Organizations: Wimbledon, Cornet's, All England Club, Rybakina, Court, U.S, Australian, Reuters, Thomson Locations: France's, Roland, Wimbledon

The pan-European STOXX 600 index (.STOXX) dropped 1.2%, led by losses in travel and leisure (.SXTP) and retail index (.SXRP), which fell 2.3% and 2.0%, respectively. Embracer (EMBRACb.ST), the top loser on the STOXX, fell 13.8% after the gaming group raised 2 billion crowns ($182 million) in a share issue directed to institutional investors. "Now the gap between the two main central banks is closer than two months ago as Fed has moved more towards the position of the European Central Bank (ECB)." German industrial orders rose significantly more than expected in May, due to large scale orders of ships, spacecraft and military vehicles. Reporting by Matteo Allievi in Gdansk and Shubham Batra in Bengaluru; Editing by Sherry Jacob-Phillips and Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: hawkish, Stuart Cole, Janet Yellen's, UK's, policmaker Joachim Nagel, Matteo Allievi, Shubham Batra, Sherry Jacob, Phillips, Varun Organizations: CAC, Equiti, Fed, European Central Bank, Treasury, policmaker, Thomson Locations: China, U.S, British, Gdansk, Bengaluru

"There's a lot of data we're going to see here over the next several weeks as we head to the end of July Fed meeting. The pan-European STOXX 600 index (.STOXX) lost 0.78% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.39%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 0.84% lower, while Japan's Nikkei (.N225) lost 0.25%. The U.S. dollar was holding steady against other major currencies as traders awaited the Fed minutes. The dollar index rose 0.097%, with the euro down 0.04% to $1.0873.

Persons: Mike Segar, Tim Ghriskey, Ingalls & Snyder, Data, Sterling, Brent, Sinéad Carew, Tom Wilson, Stella Qiu, Dhara, Sam Holmes, Helen Popper, Christina Fincher Organizations: Wall, New York Stock Exchange, REUTERS, U.S . Federal Reserve, Treasury, Federal, Investors, Tuesday's, Independence, Ingalls &, Dow Jones, Nasdaq, Japan's Nikkei, Traders, U.S, Brent's, Thomson Locations: Manhattan, New York City , New York, U.S, Tuesday's U.S, New York, Asia, Pacific, Japan, Saudi Arabia, Russia, London, Sydney

European stocks (.STOXX) slipped 0.6%, heading for their first daily loss in eight sessions, with German shares (.GDAXI) down the same amount. The MSCI world equity index (.MIWD00000PUS), which tracks shares in 47 countries, fell 0.2%. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) dropped 0.8% after the China data. Japan's Nikkei (.N225) also fell 0.3% on profit-taking after climbing to three-decade highs. Brent crude futures fell 0.3% to $75.97 a barrel after climbing 2.1% overnight.

Persons: Michael Hewson, Guy Miller, Brent, Tom Wilson, Stella Qiu, Dhara, Sam Holmes, Helen Popper, Christina Fincher Organizations: Global, Federal, Independence, CMC Markets, Reuters, Zurich Insurance Group, U.S, Japan's Nikkei, Thomson Locations: SYDNEY, China, U.S, Europe, United States, Asia, Pacific, Japan, Tokyo, Saudi Arabia, Russia, London, Sydney

☆ Fresh Murray leads charge of British men, faces Tsitsipas test
▼ + stars: | 2023-07-05 | by ( Aadi Nair | ) www.reuters.com time to read: +2 min

"Any time you get the chance to finish a match quickly and can conserve some energy, it's a really positive thing. "He's someone who's done so much for the sport and I'll go into it with a lot of respect for him. DO OR DIE FOR LOCAL HOPESAfter three British women's players were eliminated on Wednesday, the men's contingent could also be whittled down considerably on Thursday. In addition to Murray, wildcard Jan Choinski will take on Poland's Hubert Hurkacz for a place in the third round, while Liam Broady faces a stern test against Norwegian fourth seed Casper Ruud. In the women's draw, defending champion Elena Rybakina takes on France's Alize Cornet, with fourth-seeded American Jessica Pegula up against Spain's Cristina Bucsa.

Persons: Andy Murray, Stefanos, Murray, Scot, Ryan Peniston, Tsitsipas, Dominic Thiem, I've, I'm, It's, Jan Choinski, Poland's Hubert Hurkacz, Liam Broady, Casper Ruud, Daniil Medvedev, Andrey Rublev, Alexander Zverev, Gijs Brouwer, Elena Rybakina, France's Alize Cornet, Jessica Pegula, Spain's Cristina Bucsa, Aadi Nair, Toby Davis Organizations: Wimbledon, Court, Thomson Locations: British, Wimbledon's, Norwegian, U.S, Bengaluru

☆ Exclusive: Insurers look to ease UN climate alliance rules after member exodus - sources
▼ + stars: | 2023-07-04 | by ( Tommy Wilkes | ) www.reuters.com time to read: +5 min

The U.N.-convened Net-Zero Insurance Alliance (NZIA) is set to remove a six-month deadline for members to publish greenhouse gas emissions targets alongside other changes to make membership less prescriptive, the sources said. The hope is to "steady the ship" and create space for ex-members to consider returning later, they said. The changes under discussion have not been finalised, the sources said, and it's not clear how the alliance would deal with insurers that drag their feet in publishing targets. Remaining members believe the NZIA still has a valuable role, and point to methodologies it developed for assessing and reporting on underwriting-linked emissions. France's AXA, which chaired the NZIA before quitting in May, last week published its first emissions goals for its insurance portfolio.

Persons: Italy's, Peter Bosshard, Bosshard, Canada's Beneva, Tommy Reggiori Wilkes, Greg Roumeliotis, Simon Jessop, Emelia, David Evans Organizations: Zero Insurance Alliance, United, Zero Insurance, AXA, Tokio, Republican, Glasgow Financial Alliance, Aviva, Alliance, Insurance Australia Group, France's AXA, Thomson Locations: United Nations, London, United States, U.S

☆ Rybakina recovers to race past Rogers
▼ + stars: | 2023-07-04 | by ( Christian Radnedge | ) www.reuters.com time to read: +1 min

LONDON, July 4 (Reuters) - Defending Wimbledon champion Elena Rybakina came from a set down on Centre Court to beat American Shelby Rogers 4-6 6-1 6-2 in the first round on Tuesday. Rogers powered through the first set with Rybakina looking out of practice having pulled out of a warm-up tournament in Eastbourne due to a virus. The 2022 champion never looked back, with another break coming in the seventh game when Rogers double faulted having already saved three break points. Rybakina, who served 12 aces in the match, closed out victory with a hold to love. She will face either Japanese lucky loser Nao Hibino or France's Alize Cornet in the second round.

Persons: Elena Rybakina, Shelby Rogers, Roger Federer, Rogers, Rybakina, I've, Nao Hibino, Alize Cornet, Christian Radnedge, Ed Osmond Organizations: Wimbledon, Court, Rogers, Thomson Locations: Kazakh, Eastbourne, London

☆ Why did Russia invade Ukraine? Experts break down Putin's motivations and excuses for launching his war.
▼ + stars: | 2023-07-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +12 min

Russia launched a full-scale invasion of Ukraine in February 2022.Insider spoke to three experts about why it happened, and the motives behind President Putin's move. AP Photo/Evgeniy MaloletkaPutin blamed the WestTaylor said the invasion of Ukraine reflects Putin's "grievances that have been brewing for a long time." For Putin, "Russia has a right to rule Ukraine. At the start of the invasion, Putin blamed NATO's expansion into eastern Europe for forcing his hand, echoing a criticism he has made for years. Russian President Vladimir Putin meets with war correspondents in Moscow, June 13, 2023.

Persons: Putin's, —, Vladimir Putin, Putin, Felipe Dana, it's, George W, Bush, Stephen Hall, Hall, Alexander Ermochenko, Brian Taylor, Thomas Graham, Graham, Evgeniy Maloletka Putin, West Taylor, Taylor, Lithuania — Taylor, NATO didn't, Volodymyr Zelenskyy, Omar Marques, They've, Russia's, Peter the Great, Catherine the Great, Stalin, Zelenskyy, Viktor Medvedchuk, Donald Trump, Trump, Joe Biden, GAVRIIL Organizations: Service, AP, University of Bath, Kyiv, REUTERS, Slavic, of, West, Syracuse University, Yale, NATO, NATO doesn't, Russian Defense Ministry Press Service, Getty, Nazis, Nazism, Putin, SPUTNIK Locations: Russia, Ukraine, Ukrainian, Bucha, Kyiv, Russian Ukraine, Soviet Union, USSR, Russian, Moscow, Luhansk, Belarus, Asia, of Russia, East, Avdiivka, Europe, Ryazan, Finland, Estonia, Latvia, Lithuania, Zelenskyy, Afghanistan, Germany

The pan-European STOXX 600 index (.STOXX) dipped 0.2%, reversing gains of some 0.4%, to kick off the first day of the second half of the year on the back foot. The broader healthcare index (.SXDP) fell 2.0%, leading falls among sectors. The moves helped Italy's financials-heavy benchmark FTSE MIB (.FTMIB) climb 0.8%, a bright spot among other bourses in the region. The broader STOXX 600 had gained 8.7% in the first half of the year, largely due to strong gains early into 2023. "A muted atmosphere prevails across stock markets this afternoon," said Chris Beauchamp, chief market analyst at online trading platform IG.

Persons: Assicurazioni, Delfin, Italy's, Chris Beauchamp, Amruta Khandekar, Shreyashi Sanyal, Matteo Allievi, Nivedita Bhattacharjee, Janane Venkatraman, Conor Humphries Organizations: Miners, AstraZeneca, Generali, British, MIB, European Central Bank, Thomson Locations: China, Bengaluru, Gdansk

☆ Garcia takes French hopes into Wimbledon second round
▼ + stars: | 2023-07-03 | by ( Clare Lovell | ) www.reuters.com time to read: +2 min

Garcia, seeded five, has a game suited to grass and used her speed and agility at the net as well as powerful returns to grind down her 21-year-old opponent. Garcia, 29, who has twice reached the fourth round at Wimbledon, suffered a brief wobble at the start of the second set, spraying unforced errors around the court and Volynets took advantage, breaking serve twice for a 3-0 lead. The Californian, whose only previous Wimbledon main draw appearance in 2021 ended in first-round defeat, could not cope when Garcia put her game back together. "I had to have a reaction and I was able to come back quickly," Garcia said in an on-court interview. When play resumed Garcia did not hang about, winning the fifth game in a row when Volynets served a double fault then serving for the match.

Persons: Caroline Garcia, Katie Volynets, Toby Melville LONDON, drizzle, Garcia, Volynets, volleying, Clare Lovell, Ed Osmond Organizations: Lawn Tennis, Croquet Club, U.S, REUTERS, Wimbledon, Thomson Locations: London, Britain

☆ Tensions on France's streets ease, fewer arrests overnight
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

The interior ministry said 157 people were arrested overnight, down from over 700 arrests the night before and over 1,300 on Friday night. Three of the 45,000 police officers deployed overnight were injured, the ministry said, while around 350 buildings and 300 vehicles were damaged, according to provisional figures. The grandmother of Nahel, the teenager shot dead by police during a traffic stop in a Paris suburb, said on Sunday she wanted the nationwide rioting triggered by his killing to end. "We were modest, we hadn't have much, but we wanted to overcome it, we had hope that we would make it with hard work." At this stage, everything indicates the people who attacked his home were youths from the same suburb, he added.

Persons: Emmanuel Macron, Nahel, Vincent Jeanbrun, Jeanbrun, BFM, Les Republicains, Tassilo Hummel, Lincoln, Alison Williams Organizations: Thomson Locations: France, North, Paris, l'Hay, L'Hay

☆ NATO's opportunity, a green energy backlash and France's streets
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: 1 min

As NATO reshapes its strategy in response to Russia’s campaign, access to new member Finland and hopeful applicant Sweden opens ways for allies to watch and contain Moscow. In Texas, a local government effort to build a federally subsidized clean hydrogen hub is sparking opposition from environmental groups worried about the project’s voracious water demand. Plus, Pacific countries worry about a planned water release from Fukushima and the latest in France. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. Our Standards: The Thomson Reuters Trust Principles.

Organizations: Apple, Google, Reuters, NATO, Thomson Locations: Finland, Sweden, Moscow, In Texas, Fukushima, France

☆ Tensions on France's streets ease, arrests on Sunday night down
▼ + stars: | 2023-07-03 | by ( ) www.cnbc.com time to read: +2 min

Fewer than 160 people were arrested overnight in connection to riots that have rocked cities across France following the killing of a teenager by a police officer, the interior ministry said on Monday. The interior ministry said 157 people were arrested overnight, down from over 700 arrests the night before and over 1,300 on Friday night. The grandmother of the teenager shot dead by police during a traffic stop in a Paris suburb said on Sunday she wanted the nationwide rioting triggered by his killing to end. The interior ministry said 157 people were arrested overnight, down from over 700 arrests the night before and over 1,300 on Friday night. The grandmother of the teenager shot dead by police during a traffic stop in a Paris suburb said on Sunday she wanted the nationwide rioting triggered by his killing to end.

Persons: Emmanuel Macron Locations: Paris, Nanterre, France

☆ Australia's United Malt agrees $1 billion takeover offer from France's InVivo
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

July 3 (Reuters) - Australian malt producer United Malt Group Ltd (UMG.AX) said on Monday it had agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a branch of French agribusiness InVivo. The A$5 per share offer represents a 45.3% premium to United Malt's closing price of A$3.44 on March 24, before the offer was first disclosed. United Malt is the world's fourth-largest commercial maltster, producing bulk malt for brewers, craft brewers, distillers and food companies. The deal requires approval from Australia's Foreign Investment Review Board (FIRB) as well as United Malt's shareholders to vote in support the transaction, among other regulatory requirements. United Malt's board has unanimously recommended that its shareholders vote in favor of the proposal.

Persons: Malteries, Thierry Blandinieres, Graham Bradley, InVivo, Harish Sridharan, Lisa Shumaker, Nick Zieminski, Jamie Freed Organizations: United Malt Group, Reuters, distillers, Foreign Investment, Board, United, United Malt, Thomson Locations: Australia, Canada, United States, Britain, Europe, Latin America, Asia, Africa, Bengaluru

☆ Adam beats twin brother Simon in Yates one-two on Tour's opening stage
▼ + stars: | 2023-07-01 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

Adam got the better of his identical twin to claim his first grand tour stage win, while his UAE Emirates team leader Tadej Pogacar finished third, also raising his arms in celebration. Adam was the stronger in the final uphill drag to prevail by four seconds, with Pogacar, who showed great legs in his first stage race since breaking a wrist in April, crossed the line 12 seconds off the pace. Overall, Yates leads his brother by eight seconds after picking up 10 seconds for the stage win, while Pogacar is 18 seconds off the pace. That Adam seized the opportunity to get the yellow jersey is a team dream coming true," said Pogacar. Reporting by Julien Pretot; Editing by Andrew Cawthorne and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Jayco – AlUla's Simon Yates, Adam Yates, Papon Bernard BILBAO, Britain's Adam Yates pipped, Simon, Adam, Tadej Pogacar, Yates, Pogacar, We're, Jonas Vingegaard, France's Victor Lafay, Spain's Enric Mas, Ecuador's Richard Carapaz, Julien Pretot, Andrew Cawthorne, Hugh Lawson Organizations: de, UAE Team Emirates, Papon, Tour de France, UAE Emirates, de France, MAS, Pike, Espana, EF Education, Thomson Locations: Bilbao, Spain, Slovenian, Basque

☆ France looks a lot like the US as protests over a police killing spread, dividing the country between anti-racist and law-and-order factions
▼ + stars: | 2023-07-01 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Violent protests have rocked France after the police killing of a 17-year-old during a traffic stop. The civil unrest forced French President Emmanuel Macron to postpone a trip to Germany. "Don't move or I'll put a bullet in your head," the passenger claimed the officer said, according to Sky News. A person passes by a looted shop in a Lyon street during violent protests on June 30, 2023. "Faced with these savage hordes, it's no longer enough to call for calm, it must be imposed," the statement said.

Persons: Emmanuel Macron, —, JEFF PACHOUD, George Floyd, CHARLY TRIBALLEAU, Ariane Bogain, Bogain Organizations: France's, Service, Paris . Police, Sky News, Getty, BBC, Northumbria University, France Locations: France, Germany, Nanterre, Paris, Lyon, AFP, United States

His death, caught on video, has reignited longstanding complaints by poor and racially mixed urban communities of police violence and racism. Interior Minister Gerald Darmanin said early on Saturday that 270 people had been arrested on Friday night, bringing the total to more than 1,100 since unrest ignited. In Lyon, France's third-largest city, the gendarmes police force deployed armoured personnel carriers and a helicopter to quell the unrest. Darmanin asked local authorities across France to halt bus and tram traffic from 9 p.m. (1900 GMT) and said 45,000 officers were being deployed, 5,000 more than on Thursday. In Paris, police cleared protesters from the iconic central Place de la Concorde square on Friday night after an impromptu demonstration.

Persons: Nahel, Juan Medina, Macron, Emmanuel Macron, Gerald Darmanin, France's, Benoit Payan, Darmanin, we're, Snapchat, Mohamed Jakoubi, Enzo Santo Domingo, Ravina Shamdasani, Laurent, Franck Lienard, didn't, Lienard, Jacques Chirac, Dominique Vidalon, Marc Leras, Jean, Stephane Brosse, Pascal Rossignol, Elizabeth Pineau, Layli Foroudi, Gabrielle Tetrault, Farber, Charlotte Van Campenhout, Alison Williams, Sandra Maler, Dan Wallis, Cynthia Osterman Organizations: REUTERS, Government, Marseille, TF1, French soccer, Stade de France, de, Meta, Twitter, Thomson Locations: Nanterre, Paris, France, PARIS, Marseille, Lyon, Toulouse, Strasbourg, Lille, Spanish, Bilbao, Brussels, Aubervilliers, U.S, Geneva, Amsterdam

☆ Riots rock France before funeral of teenager shot by police
▼ + stars: | 2023-07-01 | by ( ) www.cnbc.com time to read: +2 min

A French police officer in riot gear looks on next to burnt cars at the Pablo Picasso neighbourhood in Nanterre on July 1, 2023. "We aren't part of the family and didn't know Nahel but we were very moved by what has happened in our town. So we wanted to express our condolences," one man among the mourners, who declined to give his name, told Reuters. The shooting of the teenager, caught on video, has reignited longstanding complaints by poor and racially mixed urban communities of police violence and racism. Macron had denied there is systemic racism inside French law enforcement agencies.

Persons: Pablo Picasso, Nahel, Emmanuel Macron's, Macron, Nahel's Organizations: Twitter, Reuters Locations: Nanterre, France, Paris, France's

☆ In French banlieues, distrust of police runs deep
▼ + stars: | 2023-06-30 | by ( Layli Foroudi | ) www.reuters.com time to read: +5 min

Rioters have torched cars and public transport but also targeted town halls, police stations and schools - buildings that represent the French state. Some said Nahel, who was shot dead on Tuesday, could have been any of them, or their sons, brothers or friends. Yann Bastiere, a representative of the Unite SGP police union, said the officer who shot Nahel was innocent until proven guilty. Belaidi said teachers were not replaced and hospitals lacked resources, which has led to a feeling of abandonment by the state. Reporting by Layli Foroudi; additional reporting by Elizabeth Pineau; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Benjamin Belaidi, Belaidi, Emmanuel Macron, Mohamed Jakoubi, Nahel, Yann Bastiere, Bastiere, Karima, Emile Chabal, Chabal, Olivier Klein, Layli Foroudi, Elizabeth Pineau, Angus MacSwan Organizations: PARIS, Reuters, police, Unite SGP police, Edinburgh University . Investment, France Inter, Thomson Locations: Paris, Nanterre, France, Nahel, Blanc Mesnil, Clichy

☆ Apple stock closes above $3 trillion valuation for the first time ever
▼ + stars: | 2023-06-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple stock closed above a $3 trillion valuation for the first time ever on Friday. The threshold was hit after Apple stock topped $190.73, and based on its current shares outstanding of 15.79 billion, that gives the company a valuation that is bigger than France's annual GDP. Ives said the next stop for Apple is a $3.5 trillion valuation, followed by a $4 trillion valuation that could come as soon as 2025. It took Apple 42 years from its founding in 1976 to grow to a $1 trillion valuation when it hit that threshold in August 2018. The company surpassed a $2 trillion valuation just two years later, in 2020.

Persons: —, Dan Ives, Ives Organizations: Apple, Services, Service

☆ France riots: Public transport curtailed after rage over shooting
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: +3 min

A burned bus is seen at the Aubervilliers bus terminal, north of Paris following police three days after a 17-year-old boy was shot in the chest by police at point-blank range in Nanterre, Paris, France on June 30, 2023. France asked all local authorities to halt public transport early on Friday evening in a desperate attempt to restore order after rioters torched buildings and cars in a third night of rage sparked by the police shooting of a teenager. In the southern city of Marseille, France's second-largest, authorities banned public demonstrations set for Friday, and encouraged restaurants to close outdoor eating areas early. Rights groups allege systemic racism inside law enforcement agencies in France, a charge Macron has denied. The interior ministry said 79 police posts were attacked overnight, as well as 119 public buildings including 34 town halls and 28 schools.

Persons: Elisabeth Borne, Gerald Darmanin, Emmanuel Macron, France's, Mohamed Jakoubi, Macron, Darmanin, Agnes Pannier, Runacher Organizations: Rights, Energy Locations: Paris, Nanterre, France, Marseille, Lyon, Pau, Toulouse, Lille, Algerian, Brussels

☆ Macron convenes new crisis meeting after worst night of rioting
▼ + stars: | 2023-06-30 | by ( Dominique Vidalon | ) www.reuters.com time to read: +5 min

Interior Minister Gerald Darmanin, who had deployed 40,000 officers on Thursday night in a bid to quell a third night of unrest, said on Twitter that police made 667 arrests. Macron will meet with his cabinet at 1100 GMT in Paris, likely cutting short his attendance at a European Union summit in Brussels, his office said. Twelve buses were set on fire and destroyed overnight in a depot in Aubervilliers, in northern Paris. They said they had made 307 arrests in and around the city and that nine police and fire officers had been injured. In Roubaix, in northern France, a fire destroyed the office of the TESSI company and several cars were set on fire.

Persons: Nahel, Emmanuel Macron, Gerald Darmanin, Macron, Elisabeth Borne, Clement Beaune, Laurent, Franck Lienard, didn't, Lienard, Jacques Chirac, Dominique Vidalon, Sudip Kar, Gupta, Jean, Stephane Brosse, Benoit Van Overstraeten, Pascal Rossignol, Elizabeth Pineau, Marc Leras, John Stonestreet Organizations: Firefighters, Twitter, Nationwide, Transport, RMC, Les, Nike, Police, Thomson Locations: Nanterre, Alma, Roubaix, France, Brussels, PARIS, Marseille, Lyon, Pau, Toulouse, Lille, Paris, Algerian, Aubervilliers, NANTERRE, Paris's, Rue, Rivoli, France's, Le Vieux, Clichy

The pan-European STOXX 600 index (.STOXX) closed 0.1% higher. That made Spain the first among the euro zone's large economies to have inflation fall below 2%. This followed hawkish comments from U.S. and European central bank policymakers at a European Central Bank meet-up in Sintra on Wednesday, where the underlying theme was that rates are likely to stay higher for longer. Adding to recent hawkish messages from central banks globally, Sweden's central bank raised its policy rate by a quarter percentage point as expected and forecast at least one more rate hike this year. The stock was the top gainer on France's blue-chip index (.FCHI), which rose 0.4% and also helped the automaker sub-index (.SXAP) climb 1.3%.

Persons: Germany's DAX, year's, Claus Vistesen, Daniela Hathorn, Amruta Khandekar, Matteo Allievi, Sherry Jacob, Phillips, Rashmi Aich, Conor Humphries Organizations: Pantheon, U.S . Federal Reserve, European Central Bank, Capital.com, Renault, Belgian, Severn Trent, Thames, Semiconductor, Citigroup, Thomson Locations: Spain, Sintra, Severn, Bengaluru, Gdansk

☆ France unrest: Riots spread, police officer charged with shooting teenager dead
▼ + stars: | 2023-06-29 | by ( Benoit Van Overstraeten | ) www.reuters.com time to read: +5 min

The shooting of the 17-year-old, identified as Nahel, took place in Nanterre, on the western outskirts of Paris. The teenager, who was too young to hold a full license in France, was driving illegally, a source familiar with the investigation said. The Nanterre prosecutor said he was known to police for previously failing to comply with a traffic stop order. The unrest has revived memories of riots in 2005 that convulsed France for three weeks and forced then-president Jacques Chirac to declare a state of emergency. Tuesday's killing was the third fatal shooting during traffic stops in France so far in 2023, down from a record 13 last year, a spokesperson for the national police said.

Persons: Emmanuel Macron, Gerald Darmanin, Macron, Darmanin, Elisabeth Borne, Pascal Prache, Nahel, Stephanie Lecocq, Jacques Chirac, Benoit Van Overstraeten, dominique Vidalon, John Stonestreet, Frank Jack Daniel Our Organizations: Government, . Police, REUTERS, Reuters, Prosecutors, Police, Thomson Locations: Paris, PARIS, France, North, Nanterre, Paris suburb, Republic, Lille, Toulouse, Amiens, Dijon, Clichy

☆ Second night of unrest erupts in France after police shoot teenager
▼ + stars: | 2023-06-29 | by ( ) www.cnbc.com time to read: +1 min

Protesters shot fireworks at police and set cars ablaze in the working class Paris suburb of Nanterre on Wednesday, in a second night of unrest following the fatal shooting of a 17-year-old boy during a traffic stop there. Shortly before midnight, a trail of overturned vehicles burned as fireworks fizzed at police lines on Nanterre's Avenue Pablo Picasso. Videos on social media showed dozens of fireworks being directed at the Montreuil town hall, on the eastern edge of Paris. The interior ministry has called for calm, and said 2,000 police have been mobilized in the Paris region. Rights groups allege systemic racism inside law enforcement agencies in France, a charge Macron has previously denied.

Persons: Pablo Picasso, Emmanuel Macron, Macron Organizations: Prosecutors Locations: Nanterre, Paris, France's, Lille, Toulouse, Amiens, Dijon, Essonne, Montreuil, France

Search resuls for: "France's"

25 mentions found