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☆ Exclusive: Siemens Energy considers factory, office closures at wind division -sources
▼ + stars: | 2023-10-09 | by ( Christoph Steitz | ) www.reuters.com time to read: +3 min

The Siemens Gamesa sign is displayed at the renewable energy company's headquarters in Zamudio, Spain, April 28, 2022. Shares in Siemens Energy, which was spun off from Siemens AG (SIEGn.DE) in 2020, rose as much as 2.5% after the report. Siemens Energy Chief Executive Christian Bruch is under pressure to present a convincing turnaround plan for Siemens Gamesa after detailing far-reaching problems just a few months after assuming full ownership of the division. Bruch said in August that Siemens Gamesa would prioritise profitability and stability over growth, suggesting a brimming order book needed to lead to healthy profits. A spokesperson referred to comments from Bruch in August, who said the most important thing was to stabilise Siemens Gamesa and that Siemens Energy was looking at all options.

Persons: Vincent West, Christian Bruch, Bruch, Christoph Steitz, Alexander Huebner, Danilo Masoni, Alexander Smith Organizations: Siemens, REUTERS, Companies Siemens Energy, Siemens Energy, Siemens Gamesa, Siemens AG, Thomson Locations: Zamudio, Spain, FRANKFURT, Frankfurt

☆ Puma tumbles as analysts flag possible earnings disappointment
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

[1/2] A pair of Puma sports shoes is shown at an event in Berlin, Germany February 21, 2019. Analysts at brokerage Stifel said Puma's third-quarter earnings before interest and tax might decline by a low double-digit rate compared with last year, a worse performance than consensus expectations for a 6% decline. The drop in Puma's shares put them on course for their worst day since March 2020. Puma said it was fully on track to achieve its full-year guidance, while declining to comment on its share price movement. Puma is targeting EBIT of between 590 million euros and 670 million euros for 2023, from 641 million euros in 2022.

Persons: Annegret, Stifel, Puma, overstock, Jefferies, Danilo Masoni, Helen Reid, Linda Pasquini, Alexander Huebner, Susan Fenton, Jane Merriman Organizations: REUTERS, Nike, Adidas, Puma, RBC, Thomson Locations: Berlin, Germany, North America, China, U.S, London, Gdansk, Munich

☆ Metro Bank plunges on talk of big fundraising to fix finances
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. As of Wednesday's close, Metro Bank was valued at 87 million pounds. The fundraising could include more than 100 million pounds from selling shares to bolster capital, three sources familiar with the matter told Reuters on Wednesday. Metro Bank recently brought in Morgan Stanley as adviser, the people said. Metro Bank is subject to higher capital requirements set by the regulator if unable to use its own models, a concern that has been weighing on the stock.

Persons: Hannah McKay, Gary Greenwood, Morgan Stanley, Danilo Masoni, Iain Withers, Sinead Cruise, Mark Potter Organizations: Metro Bank, REUTERS, Reuters, Shore Capital, Bank of England's Prudential, Authority, Metro, Thomson Locations: London, Britain

☆ We are leading toward more chain restaurants in the U.S., says Bernstein's Danilo Gargiulo
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are leading toward more chain restaurants in the U.S., says Bernstein's Danilo GargiuloDanilo Gargiulo, AB Bernstein senior research analyst, joins 'Power Lunch' to discuss the future of restaurants and consumers.

Persons: Bernstein's Danilo Gargiulo Danilo Gargiulo Organizations: Bernstein Locations: U.S

[1/2] A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019. The shares were heading for their worst one-day drop in over 20 years as of 1140 GMT, down 37%, which wiped some 3 billion euros ($3.16 billion) from Alstom's market value. The group said it now expects a cash outflow of 500-750 million euros over the full year, after a preliminary first-half outflow of 1.15 billion euros, well above the consensus for a 152 million euro outflow cited by Jefferies. The cost of insuring Alstom's debt against the risk of default shot to its highest since last November, according to data from S&P Global Market Intelligence. Citi analysts were less concerned about liquidity, but said "the past track record on cash means cash improvement is now very much a 'show me' story".

Persons: Regis Duvignau, Jefferies, Angelo Meda, JP Morgan, Olivier Sorgho, Danilo Masoni, Chiara Elisei, Amanda Cooper, Alexander Smith Organizations: Alstom, REUTERS, Banor SIM, Deutsche Bank, P Global Market Intelligence, Traders, Citi, Thomson Locations: Semeac, Tarbes, France, Paris, Milan, Britain

☆ XP Power shares plummet after profit warning
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: 1 min

MILAN, Oct 2 (Reuters) - XP Power (XPP.L) shares fell over 40% on Monday after a profit warning that raised concerns among investors that the provider of power converters might need a cash raise to bolster its finances. XP Power said it was disappointed by the change in current trading conditions and the outlook for 2023 as weaker market demand has led to customer shipment deferrals. It added it was taking actions to reduce costs and keep cash. Jefferies analysts said XP Power's trading update would likely trigger downgrades to 2023 consensus estimates and "raise the prospect of an equity raise". XP Power shares were last down 39% on the day, having hit their lowest since 2015 in early trading.

Persons: Jefferies, Danilo Masoni Organizations: MILAN, XP, Thomson

☆ Special Report: How Cubans were recruited to fight for Russia
▼ + stars: | 2023-09-30 | by ( Dave Sherwood | ) www.reuters.com time to read: +12 min

In La Federal, for example, all nine recruits identified by Reuters signed up to fight in the war. "We are deeply concerned by reports alleging young Cubans have been deceived and recruited to fight for Russia," the spokesperson said. In La Federal, word of the army work began to spread in June, according to the residents interviewed. The first line of the message states: "This is a contract with the Russian military by which you receive citizenship." He stressed that the people who signed up in La Federal knew they would be going to fight.

Persons: Dannys Castillo, Yamidely Cervantes, Enrique Gonzalez, Cervantes, husband Gonzalez, Gonzalez, Oleg Nikolenko, Vladimir Putin, Dayana, Cristian Hernandez, Viondi, Alina Gonzalez, Danilo, Roberto Sabori, Yasmani, MAMI, Mami, Luis Herlys Osorio, Nilda, Osorio, Havana didn't, Dave Sherwood, Alexandre Meneghini, Mario Fuentes, Carlos Carrillo, Matt Spetalnick, Tom Balmforth, Filipp Lebedev, Felix Light, Pravin Organizations: Reuters, La Federal, Federal, Russia, Kremlin, Cuban, U.S . State Department, Facebook, Dayana, Soviet, Pravin Char, Thomson Locations: Alamar, Havana, Cuba, La, Ukraine, Russia, Moscow, Russian, Tula, Crimea, Ukrainian, United States, Villa Maria, Cuban, U.S, America, Europe, Gonzalez, Varadero, Ryazan, Soviet, Angola, Africa, Washington

Zaporizhzhia, southern Ukraine CNN —A group of Ukrainian soldiers moves swiftly through a front-line training ground, overcoming obstacles and firing at distant targets. They are fine-tuning their battle skills here as Ukraine’s counteroffensive against Russian forces rages just few miles to the south. “When we had contact (with the Russian forces), I had to move away from the trail,” Danilo said. Vlad, a combat medic, says many of those injured by mines in recent months have been sappers working to clear territory so Ukrainian forces can advance. ‘Victory or death’Following his recuperation in Mexico, Danilo is back in the battle, supporting Ukrainian forces as they advance in the south.

Persons: Ukraine CNN —, Danilo, “ I’m, ” Danilo, Volodymyr Zelensky, Vasco Cotovio, “, ”, Vlad, won’t Organizations: Ukraine CNN, CNN, Vasco, Geneva Convention, Russian Ministry of Defense, ” Kyiv, ‘, Ukraine’s Locations: Ukraine, Russia’s, Florida, Zaporizhzhia, Russian, Mexico, Ukrainian, Geneva

☆ Juve's Allegri sticks with Szczesny despite costly mistakes
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

"With Sassuolo it was not a bad performance, but we defended badly and there were single inexplicable errors. At Juventus we have to live with pressure and a sense of responsibility," Allegri told reporters on Monday. Other mistakes will happen, maybe not like Saturday's but they will happen. "Szczesny is the starting goalkeeper and tomorrow he will play, aware, however, that (Mattia) Perin is an important keeper." "We have Danilo, there is Szczesny, and then Alex Sandro even though he is currently injured.

Persons: Wojciech Szczesny, Adrien Rabiot, Alberto Lingria, Massimiliano Allegri, Szczesny, Federico Gatti, Allegri, " Gatti, Mattia, Perin, Leonardo Bonucci, Juan Cuadrado, Angel Di Maria, Danilo, Alex Sandro, Daniele, Rugani, Federico Chiesa, Dusan Vlahovic, Chiesa, Roberto, D'Aversa, Trevor Stynes, Ken Ferris Organizations: Soccer, Sassuolo, Juventus, Mapei, Tricolore, Reggio, Polish, Lecce, Juve, Inter Milan, Thomson Locations: Reggio Emilia, Italy, European

☆ LSEG's Refinitiv Eikon platform suffers outage in Europe
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: 1 min

Sept 25 (Reuters) - Users of London Stock Exchange's (LSEG.L) Refinitiv news and data platform Eikon said on Monday they experienced brief outages across some countries in Europe. LSEG said it was working to resolve the issue. We are working diligently to identify the problem and resolve it as soon as possible," a Refinitiv customer support executive said in an email. As of 1119 GMT live prices appeared to be updating and some Eikon users also said the service had resumed. Reporting by Danilo Masoni; Editing by Amanda Cooper and Susan FentonOur Standards: The Thomson Reuters Trust Principles.

Persons: LSEG, Danilo Masoni, Amanda Cooper, Susan Fenton Organizations: London Stock, Thomson Reuters, Reuters, Thomson Locations: Europe, LSEG

☆ Exclusive: At least 40% of Colombia's ELN rebels seen rejecting peace deal, security sources say
▼ + stars: | 2023-09-22 | by ( Luis Jaime Acosta | Thomson Reuters | Luis Jaime Has Worked At Reuters For More Than Years. While He Chiefly Covers Colombia'S Armed Conflict | ) www.reuters.com time to read: +5 min

Pablo Beltran, head of leftist guerrilla group National Liberation Army (ELN), speaks with members of the media in Caracas, Venezuela January 21, 2023. It would also appear to undermine repeated reassurances by ELN leaders that the group is united behind talks. The three security sources said some 2,300 of the ELN's total 5,850 members were seen as likely to reject the deal. The ELN talks, which restarted in November 2022, are the most advanced of Petro's peace efforts, which also include conversations with crime gangs like the Clan del Golfo. "We don't deny the risks that could come from a dialogue that doesn't acknowledge that reality," Rueda said, but added that orders from national ELN leaders are respected by fighters.

Persons: Pablo Beltran, Leonardo Fernandez Viloria, Gustavo Petro, holdouts, they're, Antonio Garcia, Danilo Rueda, Rueda, Ariel Avila, Avila, Luis Jaime Acosta, Julia Symmes Cobb, Daniel Wallis Organizations: National Liberation Army, REUTERS, Rights, Colombia's National Liberation Army, Revolutionary Armed Forces, Northeastern Fronts, Reuters, Green Alliance, Thomson Locations: Caracas, Venezuela, Rights BOGOTA, Colombia, Eastern

The Pennsylvania jail from which convicted murderer Danilo Cavalcante brazenly escaped, eluding searchers for two weeks, plans to enclose its exercise yards with walls and a roof and make inmates wear brighter uniforms, along with other security improvements. The Chester County jail board unanimously approved plans Wednesday to fully enclose the exercise yards at the facility in Pocopson, southwest of Philadelphia. The redesign plan calls for fully enclosed exercise yards, with 18-foot-high masonry walls to replace fencing, and the removal of shed roofs that could inmates could scale. The design notably blocks overhead sunlight into the yard, save for a small ribbon of windows at the top with secure screening. Cavalcante was charged with escape after his capture, and his next hearing in that case is scheduled for Wednesday.

Persons: Danilo Cavalcante brazenly, Deborah Brandao, Cavalcante Organizations: Prosecutors, Labor Locations: Chester County, Pocopson, Philadelphia, Kansas City , Missouri, Brazil

☆ UniCredit cements lead as top-performing euro zone bank stock
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

Unicredit logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsMILAN, Sept 21 (Reuters) - Shares in Italian lender UniCredit (CRDI.MI) rose further on Thursday, hitting their highest since January 2016 and cementing their lead as top-performing euro zone bank stock of 2023. Giving further impetus to UniCredit's rally was the bank's surprise announcement on Wednesday to bring forward up to 2.5 billion euros of its 2023 share buyback plan. "This move comes largely unexpected and sends a message of confidence about the next few months despite the uncertain outlook: we expect UCG will continue to outperform in the near to medium term," wrote Deutsche Bank analysts in a note. Reporting by Danilo Masoni; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, UniCredit, Danilo Masoni, Amanda Cooper Organizations: REUTERS, BPER Banca, Banco, Deutsche Bank, Thomson

☆ Opinion: Musk, McCarthy and Romney are three kinds of leaders
▼ + stars: | 2023-09-17 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. A vain and ambitious cigar-smoking bully who wore riding breeches, a polished helmet and boots and carried ivory-handled revolvers, he led troops on successful lightning strikes through German-held territory near the end of World War II. Musk has repeatedly been criticized for enabling and boosting antisemitic content on the platform.”“Isaacson tries to square these two Musks. During Trump’s first impeachment, Romney became the first senator in US history to vote to remove a president of his own party from office. He has been willing to do what he believes to be right — consequences be damned.”The differences between Romney and Trump were many.

Persons: CNN — “ Troy, Hadrian, …, ”, George S, Patton, “, Stephen D, Clay Jones, Elon Musks, Elon, Nicole Hemmer’s, Walter Isaacson, Musk “, Musk, ” “ Isaacson, Isaacson, ” Hemmer, Walt Handelsman, Kevin McCarthy, Donald Trump, McCarthy, Joe Biden, “ Trump, impeaching Biden, Norman Eisen, Trump, ” Eisen, Biden, James Antle III, ’, Hunter, McCarthy “, John Avlon, Dennis Aftergut, Lindsey Graham wasn’t, Michelle Lujan Grisham, she’s, Hunter Biden, Robert J, Spitzer, It’s, ” Vladimir, Kim, Vladimir Putin, Kim Jong, Frida Ghitis, Putin, vaingloriously, Peter the Great, Sébastien Roblin, Don’t, Romney Francis Chung, AP Sen, Mitt Romney, Romney, Sen, John McCain, Trump’s, Lanhee J, Chen, Lisa Benson, Kate Bahn, ’ I’m, —, Dana Peterson, Erik Lundh, ” Dana Summers, Kunis Mila Kunis, Ashton Kutcher, Mila Kunis, Danny Masterson, Jill Filipovic, “ Kutcher, Kunis, Kutcher, Masterson, Danilo Cavalcante, Arick, Scott Stantis, Jeff Yang, Jets Phil Hands, Julian Zelizer, Aaron Rodgers ’, ” Don’t, Nick Anderson, Tess Taylor, Tommy Tuberville, Mahnaz, Roxanne Jones, Coco Gauff, Amanda Tyler, Lara Setrakian, Paul Hockenos, Don Lincoln, Sophia Nelson, Tim Scott, Kenneth Branagh, Agatha Christie’s, Hercule Poirot, Noah Berlatsky, Poirot, Branagh, Sara Stewart, Winona Ryder Organizations: CNN, US, Marine Corps, Third Army, Vostochny, Twitter, Defamation League, Agency, Caucus, Republicans, Democrats, White, North, Putin, AP, Senate, Hollywood, Motors, Ford, Chrysler, Dodge, Peugeot, United Auto Workers, UAW, “, Federal Reserve, Conference Board, Ninth, Academy Museum of Motion Pictures, REUTERS, Reuters, Apple, European Union, Jets, Boston Red Sox, The Chicago Cubs, The New York Jets, New York Jets, MetLife, Tribune, Studios Locations: China, Washington, New Mexico, Detroit, Russia’s, South Africa, Hunter Biden’s, Albuquerque, Bernalillo County, Russia, Ukraine, ”, Los Angeles , California, U.S, Aude, Pennsylvania, Brazil, Cupertino , California, Iran, New Texas, Venice

☆ Danilo Cavalcante: Escaped Pennsylvania killer has been captured. Here's what happens next
▼ + stars: | 2023-09-14 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +9 min

CNN —The convicted murderer who escaped a Pennsylvania prison late last month is once again behind bars, now facing additional charges, after a nearly two-week manhunt that captured national attention and put the surrounding community on edge. Officers escort Danilo Cavalcante from a Pennsylvania State Police barracks in Avondale on Wednesday. “He said the law enforcement presence where he was, was immense and he felt that he needed to leave,” Clark said. “Three times, he described that law enforcement officials almost stepped on him within 7 or 8 yards,” Clark said. Prosecutors say Cavalcante stabbed Brandão 38 times in front of her two young children in Pennsylvania in April 2021.

Persons: Danilo Cavalcante, Cavalcante, George Bivens, Cavalcante’s, Danilo, hunkering, Matt Rourke, – Cavalcante, Bivens, ” Bivens, ” Cavalcante’s, David Sassa, Sassa, CNN’s Laura Coates, “, ” Sassa, Robert Clark, ” Clark, CNN’s Erin Burnett, Clark, –, CNN Cavalcante, ”, Service Philadelphia Cavalcante, isn’t, ” Josh Maxwell, Maxwell, “ There’s, ” Cavalcante, Deb Ryan, Ryan, Deborah Brandão, Brandão, ” Ryan, Sarah Brandão, Sarah Organizations: CNN, Pennsylvania, Police, Correctional Institution, Pennsylvania State Police, South Coventry Township –, Philadelphia Eagles, Alcohol, Tobacco, Firearms, Explosives, FBI, Wednesday US, Service Philadelphia, Prosecutors Locations: Pennsylvania, South Coventry Township, Cavalcante, Montgomery County, Chester, Philadelphia, Avondale, South Coventry, Chester County, Canada, Pennsylvania’s

☆ German carmaker stocks dip amid China-EV probe dispute
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Alternatively, punitive tariffs on imports from China could accelerate Chinese EV makers' plans to build in Europe, analysts said, raising competition for domestic carmakers. "Volkswagen could gain from lower mass-market competition, but is the most exposed ... premium OEMs ...face the risk of retaliation and might see their China-export plans sent awry," he added. By 1210 GMT, the STOXX Europe 600 Auto (.SXAP) index was down 1.46%, while the broader market was steady. BMW, which exports the iX3 from China and plans to export the Mini from 2024, fell 2.08%, with Mercedes-Benz down 1.56% and Volkswagen down 1.83%. Stocks of carmakers Renault and Stellantis, which are less exposed to the Chinese market than their German counterparts, saw smaller dips of 1.33% and 0.81% respectively.

Persons: Annegret, Emmanuel Macron, Daniel Roeska, Bernstein, Danilo Masoni, Victoria Waldersee, Josephine Mason, Thomas Leigh, Michel Rose, Sharon Singleton, David Holmes Organizations: REUTERS, EV, HK, European Commission, Renault, Volkswagen, BMW, Mercedes, Benz, Porsche, carmakers Renault, Thomson Locations: Berlin, Germany, Beijing, China, Europe, France

☆ Pennsylvania prisoner Danilo Cavalcante captured after escaping from prison for murder of girlfriend Deborah Brandao
▼ + stars: | 2023-09-13 | by ( Ray Sanchez | ) edition.cnn.com time to read: +7 min

“Our nightmare is finally over and the good guys won,” Chester County District Attorney Deb Ryan said Wednesday. The theft and shooting ultimately may have been a turning point in the intense search by hundreds of law enforcement officers. About 500 law enforcement officers – including the Pennsylvania State Police, FBI, ATF, and the US Marshals – searched the area of the shooting. At 8:18 a.m., a Chester County dispatcher said they had their man. “The radio room, Chester County government and the various other agencies working on the prisoner escape are proud to announce the subject is in custody.

Persons: Danilo Cavalcante, Cavalcante, –, clasped, Deb Ryan, “, George Bivens, Charles Lyman, Lyman, ”, “ It’s, ” Bivens, Bivens, “ Cavalcante, John Shapiro Organizations: CNN, Philadelphia Eagles, Pennsylvania, Police, ” Police, Pennsylvania State Police, FBI, ATF, US, US Drug Enforcement Administration, Tactical, Patrol, Eagles Locations: Chester, Chester County, Philadelphia’s, Brazil, Chester County’s, Coventry Township, East, South Coventry Township, Pennsylvania

☆ Police dog named Yoda detained fugitive Danilo Cavalcante, leading to the end of manhunt without any shots fired
▼ + stars: | 2023-09-13 | by ( Emma Tucker | ) edition.cnn.com time to read: +4 min

Cavalcante was captured in Chester County, swarmed by at least 20 law enforcement officers, Bivens said. Yoda joined the search from the US Border Patrol Tactical Unit stationed out of Michigan, Clark told CNN. The tactical teams made the decision to deploy Yoda – knowing Cavalcante was armed – before upgrading to deadly force, according to Clark. Yoda is a “bite and hold” police dog, Clark said, trained to hold down an individual until commanded to release the hold. US Marshals Service PhiladelphiaIt’s standard practice for K-9s to move first, going quickly and directly to a suspect on command, Bivens told CNN.

Persons: Danilo Cavalcante’s, Yoda, George Bivens, “, ” Robert Clark, CNN Cavalcante, Deborah Brandão, Cavalcante, Bivens, Clark, Danilo Cavalcante, ” Bivens, ” Organizations: CNN, Pennsylvania State Police, Prison, US Marshals Service, US, Patrol Tactical Unit, Authorities, Patrol, Police, US Marshals Service Philadelphia Locations: Belgian, Cavalcante, Pennsylvania, Pennsylvania’s, Chester, Brazil, Chester County, Michigan

☆ Escapee Had Been a Fugitive Before Pennsylvania Jailbreak
▼ + stars: | 2023-09-11 | by ( Ana Ionova | ) www.nytimes.com time to read: 1 min

It was just after midnight on a Saturday. A light rain was starting to fall in the mostly empty town square by the church. Evaldo Alves Feitosa was flipping his last burger of the night when he heard the gunshots outside his snack stand. “I thought it was a firecracker from a party at the club over there,” Mr. Feitosa said. When he looked out, he saw Danelo Cavalcante jumping into a silver car and speeding away.

Persons: Evaldo Alves Feitosa, ” Mr, Feitosa, Danelo, Valter Júnior Moreira dos Reis, Danilo, ”

WEST CHESTER, Pa. (AP) — Police on Saturday reported two more confirmed sightings of an escaped murderer on the run for more than a week in southeast Pennsylvania amid a search by hundreds of law enforcement officers. Danelo Souza Cavalcante, 34, escaped from the Chester County Prison while awaiting transfer to state prison on Aug. 31 after being sentenced to life for fatally stabbing his ex-girlfriend in 2021. Prosecutors say he wanted to stop her from telling police that he’s wanted in a killing in his home country of Brazil. Authorities believe Cavalcante, spotted almost a dozen times since his escape, has managed to obtain clothing and other supplies. There’s now a $20,000 reward for information leading to the capture of Cavalcante, whose escape has attracted international attention and became big news in Brazil.

Persons: Danelo Souza Cavalcante, he’s, George Bivens, Michelle Bjork, There’s, Cavalcante, Danilo Souza Cavalcante, Válter Júnior Moreira dos Reis Organizations: WEST CHESTER, — Police, Prosecutors, Authorities, Pennsylvania, Police, ”, Friday, ” Authorities Locations: Pa, Pennsylvania, Chester, Brazil, Longwood, East Marlborough Township, Philadelphia, Kennett, Rio de Janeiro, Tocantins, Figueirópolis

☆ Defending champion Swiatek crashes out of U.S. Open after loss to Ostapenko
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: 1 min

Soccer · September 3, 2023Goals from Danilo and Federico Chiesa earned Juventus a 2-0 victory at Empoli in Serie A on Sunday, with the visitors squandering several other chances, having two efforts disallowed and missing a penalty.

Persons: Danilo, Federico Chiesa Organizations: Juventus, Empoli, Serie

A coffee machine featuring Novo Nordisk logo is seen at the company headquarters in Copenhagen, Denmark, February 5, 2020. REUTERS/Jacob Gronholt-Pedersen/File Photo Acquire Licensing RightsLONDON, Sept 1 (Reuters) - Danish drugmaker Novo Nordisk briefly unseated LVMH (LVMH.PA) as Europe's most valuable listed company in intraday trading on Friday, ending the French luxury group's 2-1/2 year-long reign at the top. At 0843 GMT, Novo Nordisk (NOVOb.CO) had a market capitalisation of $421 billion including unlisted stock, according to Refinitiv data and company disclosures of its share count. By 1031 GMT, Novo Nordisk shares were up 1% while LVMH shares were down 0.4%. LVMH shares have fallen 13.8% from an all-time high hit in April, underperforming Europe's broader STOXX 600 which is down around 1.9% in the same time frame.

Persons: Jacob Gronholt, Pedersen, LVMH, Ozempic, Wegovy, Novo's, Louis Vuitton, Marcel Stotzel, Stotzel, Eli Lilly, Axelle Pinon, Mounjaro, Novo, Carmignac's Pinon, Hennessy, Tiffany, Fiona Cincotta, Hermes, Samuel Indyk, Amanda Cooper, Catherine Evans Organizations: Novo Nordisk, REUTERS, Nestle, Dior, Fidelity European Fund, Fidelity European Trust, Barclays, Index, Financiere, Thomson Locations: Copenhagen, Denmark, Danish, LVMH, United States, China, Covid

☆ Shares in Swiss bank UBS hit highest since late 2008
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +1 min

The logo of Swiss bank UBS is seen at an office building in Zurich, Switzerland February 28, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsMILAN, Aug 31 (Reuters) - Shares in UBS (UBSG.S) hit their highest level since October 2008 on Thursday, extending a strong run that has put the Swiss bank well ahead of its European rivals following the takeover in March of its struggling rival Credit Suisse. UBS rallied more than 6% early in Zurich, set for its biggest one-day gain since March, after the group said it would fully absorb Credit Suisse's domestic bank and that it was increasing its ambitions for cost savings to over $10 billion. The stock has risen 36% so far in 2023 against a 13.5% gain for the broader European banking index (.SX7P). (This story has been refiled to change the dateline to Aug. 31, and not Aug. 30)Reporting by Danilo Masoni Editing by Amanda Cooper and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Danilo Masoni, Amanda Cooper, David Goodman Organizations: Swiss, UBS, REUTERS, Credit Suisse, Deutsche Bank, Thomson Locations: Zurich, Switzerland, Swiss

☆ Europe's Gabon-exposed stocks slide after military coup
▼ + stars: | 2023-08-30 | by ( Danilo Masoni | ) www.reuters.com time to read: +2 min

MILAN, Aug 30 (Reuters) - Shares in European oil producers, miners and other companies with large exposures to Gabon plummeted on Wednesday after a military coup raised concerns over their operations in the resource-rich African country. "Shares are reacting to concerns over the backdrop in Gabon," said Investec equity analyst Alex Smith in London. However, Assala Energy, which current owner Carlyle (CG.O) has agreed to sell to Maurel, said its oil production in Gabon was unaffected. "Note Gabon production represents around 20% of group production. Oslo-listed Panoro Energy (PENR.OL) and BW Energy (BWE.OL) were down 5% and 7%, respectively, and U.S.-based Vaalco Energy (EGY.N) fell 13.8%.

Persons: Maurel, Eramet, Alex Smith, Ali Bongo, Carlyle, Investec's Smith, Danilo Masoni, Alun John, Kirsten Donovan Organizations: MILAN, Military, REUTERS, Staff, Rights, Assala Energy, Energy, BW Energy, Vaalco Energy, Thomson Locations: Gabon, London, France, Frankfurt, Germany, Gabonese, Mouila, OPEC, Oslo, U.S, Gabon's

☆ Selloff wipes off over $8 bln from Orsted's market value
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: 1 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo Acquire Licensing RightsMILAN, Aug 30 (Reuters) - A selloff in Orsted (ORSTED.CO) shares was set to erase over $8 billion from the market value of the world's largest offshore wind farm developer on Wednesday, according to Reuters calculations, based on LSEG data. The shares were last down by 25% in afternoon trading in their largest-ever daily drop after the Danish company said it may see U.S. impairments of $2.3 billion due to supply chain problems. Copenhagen's OMX 20 index (.OMXC20) was down 1.5%. Reporting by Danilo Masoni; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Orsted, Phil Noble, Copenhagen's, Danilo Masoni, Amanda Cooper Organizations: REUTERS, Thomson Locations: Walney, Blackpool, Britain, Orsted, Danish

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