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Three OPEC+ sources told Reuters on Friday cuts were being discussed among options for Sunday's session, when OPEC+ ministers gather at 2 p.m. (1200 GMT) in Vienna. The sources said cuts could amount to 1 million bpd on top of existing cuts of 2 million bpd and voluntary cuts of 1.6 million bpd, announced in a surprise move in April and which took effect in May. If approved, this would take the total volume of reductions to 4.66 million bpd, or around 4.5% of global demand. The International Energy Agency expects global oil demand to rise further in the second half of 2023, potentially boosting oil prices. "There is simply too much supply," the JPMorgan analysts said in a note, noting extra cuts could amount to around 1 million bpd.
Persons: Leonhard, Russia's Novak, Hayan Abdel, Ghani, Suhail Al Mazroui, Prince Abdulaziz, Alexander Novak, Novak, Edward Moya, OANDA, Ahmad Ghaddar, Alex Lawler, Maha El Dahan, Julia Payne, Dmitry Zhdannikov, David Holmes Organizations: Austrian, REUTERS, LONDON, OPEC, Organization of, Petroleum, Reuters, UAE's Energy, Brent, Saudi Arabia's Energy, International Energy Agency, JPMorgan, Thomson Locations: Vienna, Austria, Saudi, OPEC, Russia, Ukraine, China, India, Russian
Three OPEC+ sources told Reuters on Friday that cuts were being discussed among options for Sunday's session. The three sources said cuts could amount to 1 million bpd on top of existing cuts of 2 million bpd and voluntary cuts of 1.6 million bpd, announced in a surprise move in April and which took effect in May. If approved, this would take the total volume of reductions to 4.66 million bpd, or around 4.5% of global demand. Typically production cuts take effect the month after they are agreed, but ministers could also agree a later implementation. Two OPEC sources said the ministers could also discuss new production baselines from which each member performs cuts.
Persons: Leonhard, Hayan Abdel, Ghani, Suhail Al Mazroui, Prince Abdulaziz, Ahmad Ghaddar, Alex Lawler, Maha El Dahan, Julia Payne, Dmitry Zhdannikov, David Holmes, Frances Kerry, Christina Fincher Organizations: Austrian, REUTERS, OPEC, Organization of, Petroleum, Reuters, UAE's Energy, Brent, Saudi Arabia's Energy, International Energy Agency, JPMorgan, Thomson Locations: Vienna, Austria, Saudi, OPEC, VIENNA, Russia, Ukraine, China, India, West, Nigeria, Angola, UAE
REUTERS/Leonhard FoegerVIENNA, June 2 (Reuters) - OPEC has denied media access to reporters from Reuters, Bloomberg and the Wall Street Journal to report on oil policy meetings in Vienna this weekend, reporters, Bloomberg and people familiar with the matter said on Friday. OPEC staff declined on Friday to give media accreditation to Reuters journalists to cover the event. The staff handling media accreditation at one of Vienna's luxury hotels said they could not issue accreditation without an invite. A Bloomberg spokesperson confirmed on Friday the company has not been given accreditation to cover the OPEC meeting. Reporters from the three outlets, many of whom have been covering OPEC meetings for years, did not receive invitations from OPEC ahead of the meeting.
Persons: Leonhard Foeger VIENNA, Platts, Alex Lawler, Dmitry Zhdannikov, Ahmad Ghaddar, Julia Payne, Maha El, Simon Webb, Marguerita Choy Organizations: Organization of, Petroleum, REUTERS, OPEC, Reuters, Bloomberg, Wall Street Journal, of, Thomson Reuters Corp, Thomson, Street, Argus Locations: Vienna, Austria, OPEC, Saudi Arabia, Russia
[1/2] UEFA President Aleksander Ceferin attends a news conference during the 46th UEFA congress in Vienna, Austria, May 11, 2022. REUTERS/Leonhard FoegerApril 3 (Reuters) - UEFA president Aleksander Ceferin said that Barcelona's refereeing scandal is one of the most serious incidents he has seen in football ever since he became involved with it. "I cannot comment directly on this for two reasons," Ceferin told Slovenian newspaper Ekipe SN in an interview published on Monday. So serious that it is, in my opinion, one of the most serious (ones) in football since I have been involved in it." In a statement in February the club denied any wrongdoing, saying it had paid an external consultant who supplied it with technical reports related to professional refereeing, which it claimed was a common practice among professional football clubs.
[1/5] The logo of Raiffeisen Bank International (RBI) is seen on their headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard FoegerVIENNA, March 23 (Reuters) - The European Central Bank is pressing Austria's Raiffeisen Bank International (RBIV.VI) to unwind its highly profitable business in Russia, five people with knowledge of the matter told Reuters. One person said such a plan could include the sale or closure of its Russian bank. A Raiffeisen spokesperson said that it was examining options for its Russia business "including a carefully managed exit" and that it was "expediting" its assessment, adding that it had also reduced lending in the country. HIGH STAKESIn January, the U.S. sanctions authority launched an inquiry into Raiffeisen over its business related to Russia.
VIENNA, March 22 (Reuters) - A Vienna museum where climate activists recently attacked the glass screen shielding a Gustav Klimt painting has responded with an exhibit entitled 'A Few Degrees More' that tilts works to draw attention to the need for action on climate change. [1/5] A visitor of the Leopold museum looks at the painting " A boy at the spring " by Albin Egger Lienz after the museum tilted 15 of its paintings in protest of climate change in Vienna, Austria, March 22, 2023. REUTERS/Leonhard Foeger 1 2 3 4 5It involves hanging 15 works by artists including Klimt and fellow Austrian great Egon Schiele at an angle, with texts calling attention to the effect that global warming of more than 1.5 degrees Celsius (2.7 Fahrenheit) from pre-industrial levels would have on the landscapes depicted in them. According to the United Nations' Intergovernmental Panel on Climate Change (IPCC), emissions must be halved by the mid-2030s if the world is to have any chance of limiting the temperature rise to 1.5 degrees Celsius above pre-industrial levels - a key target enshrined in the 2015 Paris Agreement. Reporting by Leonhard Foeger Writing by Francois Murphy Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.
VIENNA, March 15 (Reuters) - Vienna police stepped up armed patrols at sensitive sites in the Austrian capital including churches on Wednesday after the country's domestic intelligence agency received information suggesting an Islamist attack was being planned. The city's police took the rare step of warning the public on social media that there would be a heightened presence of armed police, including special forces, in the city. Vienna is among the safest capitals in the world and militant attacks are rare. "Our intelligence services have reason to believe that an assault with an Islamistic motive is planned to be carried out in Vienna," Vienna police said in English on Twitter. The tourist-filled streets of central Vienna were busy as usual after the police warning.
The International Atomic Energy Agency and Iran issued a joint statement on IAEA chief Rafael Grossi's return from a trip to Tehran just two days before a quarterly meeting of the agency's 35-nation Board of Governors. "Iran expressed its readiness to ... provide further information and access to address the outstanding safeguards issues," the joint statement said. A confidential IAEA report to member states seen by Reuters said Grossi "looks forward to ... prompt and full implementation of the Joint Statement". Follow-up talks in Iran between IAEA and Iranian officials aimed at hammering out the details would happen "very, very soon", Grossi said. Asked if all that monitoring equipment would be re-installed, Grossi replied "Yes".
Shiffrin wins first giant slalom gold at world championships
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +1 min
[1/4] Alpine Skiing - FIS Alpine Ski World Cup - Women's Giant Slalom - Meribel, France - February 16, 2023 Mikaela Shiffrin of the U.S. poses with the United States flag after winning the Women's Giant Slalom REUTERS/Leonhard FoegerFeb 16 (Reuters) - American favourite Mikaela Shiffrin claimed victory in the giant slalom in Meribel, France on Thursday to take her career world championships gold medal haul to seven. The 27-year-old Alpine skier bagged her first giant slalom gold at the world championships. She had previously won four slalom world titles, one in super-G and one in combined. Shiffrin has now struck gold at each of the last six world championships, with an overall tally of 13 medals at the event. Shiffrin could increase her tally on Saturday when she competes in the slalom.
[1/2] U.S. Vice President Kamala Harris is welcomed at Munich's airport by Bavarian state premier Markus Soeder before heading to the venue of this year's Security Conference in Munich, Germany, February 16, 2023. German Chancellor Olaf Scholz, French President Emmanuel Macron and U.S. Vice President Kamala Harris are among many top officials attending the Munich Security Conference, a major annual global gathering focused on defence and diplomacy. As Russian troops massed on Ukraine's borders, Western leaders in Munich urged President Vladimir Putin not to invade and warned of dire consequences if he did so. Delegates will also discuss the far-reaching global impact of the war, on issues ranging from energy supply to food prices. This year, Russian leaders will be notable by their absence.
[1/4] Alpine Skiing - FIS Alpine Ski World Cup - Women's Alpine Combined - Meribel, France - February 6, 2023 Italy's Federica Brignone celebrates on the podium with her team after winning the Women's Alpine Combined REUTERS/Leonhard FoegerMERIBEL, France, Feb 6 (Reuters) - Italy's Federica Brignone won the women's combined event at the World Ski Championships in Meribel, France on Monday after two solid races saw her finish 1.62 seconds ahead of Switzerland's Wendy Holdener. American Mikaela Shiffrin, the reigning world champion in combined, was sixth fastest in the speed event but was disqualified in the slalom after straddling a gate shortly before the finish line. Brignone completed the super-G in 1:10.28, 0.71 seconds quicker than Swiss Lara Gut-Behrami and Norway's Ragnhild Mowinckel who were joint second fastest, however the two speed specialists did not participate in the second leg. Instead it was Switzerland's Holdener who won the slalom part, a fourth of second ahead of Brignone, but the overall margin was too big to threaten the 32-year-old. Reporting by Tommy Lund in Gdansk; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Explainer: What's at stake in Turkey's upcoming elections
  + stars: | 2023-01-18 | by ( ) www.reuters.com   time to read: +6 min
WHAT'S AT STAKE IN THIS ELECTION FOR TURKEY... Opposition parties have pledged to restore central bank independence, bring back parliamentary government and introduce a new constitution enshrining the rule of law. Meanwhile Turkey's top court is hearing a case to shut down the third-largest parliamentary party, the pro-Kurdish Peoples' Democratic Party (HDP), and has frozen some of its accounts. Once campaigning starts, opposition parties may find it harder to get their message heard. Though the election deadline is mid-June, Erdogan's party has said they may be brought forward.
E.ON CEO: efforts to cut gas consumption must continue
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: 1 min
FRANKFURT, Jan 17 (Reuters) - E.ON (EONGn.DE) CEO Leonhard Birnbaum said it was too early to give the all-clear regarding Germany's energy crisis, saying efforts to cut consumption needed to continue to avoid gas shortages and save costs. Reporting by Christoph Steitz Editing by Paul CarrelOur Standards: The Thomson Reuters Trust Principles.
The share of US workers who have access to family leave, including parental leave, is increasing. Like many women, Amanda Krupa took less parental leave than she was allowed in order to protect her career and income. The rate of women taking maternity leave hasn't changed since the '90sThe US is the only industrialized country that doesn't guarantee paid parental leave. Some employers offer short-term-disability insurance to help cover workers' parental leave, but it doesn't always replace all wages. Today, all employees there are eligible for 16 weeks of paid parental leave.
Martin Leonhard of the East Greenland Ice-Core Project (EastGRIP) operates snow blower putting a new snow floor for the winter-storage weather port tent at EastGRIP camp on August 9, 2022. EastGRIP is an international science station on the Greenland ice sheet, the second-largest ice body in the world after the Antarctic ice cap. The researchers described how hotter air temperatures, melting sea ice, shorter periods of snow cover, increased wildfire and rising levels of precipitation have forced wildlife and Indigenous people in the region to adapt. The Arctic's seven warmest years since 1900 have been the last seven years, and researchers pointed to a slew of signs that the region is undergoing a dramatic shift. Scientists also noted that maritime ship traffic is on the rise in the Arctic as sea ice declines, with the most notable increases in traffic occurring among ships traveling from the Pacific Ocean through the Bering Strait and Beaufort Sea.
Family and friends of three college football players, gunned down at the University of Virginia, called their slayings "heartbreaking and tragic." This is my firstborn child,” he said, adding that his son who could “light up a room just with a smile” was focused on school, football and his family. Their family, from Charleston, South Carolina, was heading to the UVA campus Monday. “It is heartbreaking and tragic that Devin’s young life was cut short by violence," Wisconsin Athletic Director Chris McIntosh said in a statement. Chandler still had plenty of friends in Madison and Sunday's fatal shooting will be felt throughout the program, Wisconsin officials said.
[1/2] International Atomic Energy Agency Director General Rafael Grossi attends the opening of the IAEA General Conference at their headquarters in Vienna, Austria, September 26, 2022. REUTERS/Leonhard Foeger/File PhotoSHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) - The head of the U.N.’s nuclear watchdog on Wednesday said Iran did not offer anything new during a recent meeting in Vienna about its nuclear program, but added that talks would continue in the coming weeks. “So, they didn't bring anything new,” IAEA Director General Rafael Mariano Grossi told Reuters on the sidelines of the COP27 climate conference in Egypt. That pact had restrained Iran’s nuclear program in exchange for relief from U.S., EU and U.N. economic sanctions, but former U.S. President Donald Trump withdrew from it in 2018, claiming Iran was in violation. Indirect talks between Tehran and U.S. President Joe Biden's administration on reviving the largely hollowed-out deal are stalled.
An EU official said Austria was undertaking "diplomatic outreach" to potentially interested countries. Austria, Germany, Luxembourg, Portugal and Denmark jointly called for nuclear to be excluded from the rules last November when the EU was still drafting them. Ireland and Spain had also warned Brussels against labelling investments in gas as "green". Gewessler said labelling gas, a fossil fuel, as a green energy investment had damaged the credibility of the EU rules. Environmental campaigners including Greenpeace launched separate legal challenges last month against the rules, which they said violated the EU's own climate laws.
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger/File PhotoLONDON, Sept 26 (Reuters) - Britain's pound plunged to record lows on Monday and bonds were slammed for a second day, as investors punished UK assets after the government's mini-budget announcement last week. The presentation of the mini-budget was received quite badly by the markets – sterling literally collapsed. The significant tax cuts announced by the Treasury Secretary cause concerns for the currency markets because of rising government debt." One is the loss of confidence in UK fiscal policy and that won't help sterling.
David Bowie honoured with stone on London's Music Walk of Fame
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +2 min
British Pop Star David Bowie screams into the microphone as he performs on stage during his concert in Vienna February 4, 1996. REUTERS/Leonhard Foeger/File PhotoLONDON, Sept 22 (Reuters) - David Bowie was honoured with a paving stone on the London Music Walk of Fame on Thursday, joining the likes of The Who, Amy Winehouse, Madness and Soul II Soul on the cultural attraction trail in the city's famed Camden Town area. Depicting a music record with the word "icon" on it, the stone was unveiled at a ceremony where Bowie's hits were played. In a nod to the starry sidewalks of Hollywood Boulevard, the London Music Walk of Fame was launched in 2019 with rockers The Who the first to be honoured. "The film ... gave us the catalyst to come back with David and unlock the rest of the schedule," Lee Bennett, founder of the Music Walk of Fame, said.
Sterling idles near 37-year low ahead of Fed, BoE meetings
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +2 min
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. At 0933 GMT, the pound was little changed against the dollar at $1.1432, just above last week's 37-year low of $1.1351. Money markets fully price in a half-point rate hike from the BoE on Thursday, with around a 75% chance of a larger 75 basis point rate rise, according to Refinitiv data. Meanwhile, economists polled by Reuters expect a 50 basis point hike this week and for the Bank Rate to end 2022 at 3%. Expectations of a hike of at least 75 basis points have been keeping the dollar index elevated near its highest level since 2002.
Cel mai fascinant e că o asemenea gorilă pictor a existat, doar că soarta ei a fost puțin diferită de cea relatată pe ecran. O imagine epică plină de peisaje formidabile, un montaj dinamic și o muzică grandioasă. Faima acestuia a fost umbrită de Balto, câinele care a condus haita pe ultimele 50 de mile și care a intrat în oraș asemenea unui erou. O narațiune sensibilă despre prietenia dintre om și câine, o încercare grea pentru cei cu inima moale. Astfel, se vor contura relații între: oameni și păsări, tată și fiu, o nouă generație și natură.
Persons: Mircea, Ivan, Angelina Jolie, Katherine Alice Applegate, Matteo Garrone, Roberto Benigni, Pinocchio, Carlo Collodi, Vulpe, Jack London, Buck, Leonhard Seppala, William Dafoe, Togo, Donne, Christian Organizations: Disney, Central Park Locations: Cannes, California, Alaska, Togo, Nome, Central, New York
Total: 22