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☆ A Kremlin propagandist faced backlash from Siberian officials after saying Russia should detonate a nuke in its own territory
▼ + stars: | 2023-10-05 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

A Kremlin propagandist suggested Moscow should drop a nuclear bomb over Siberia, reports said. A nuclear bombing over Siberia would send a "painful" message to the West, Simonyan reportedly said. A nuclear bombing over Siberia would send a "painful" message to the West, Simonyan said, according to a translation by The Moscow Times. Nikolai Korolev, an aide to Moscow City Duma deputy Evgeniy Stupin, petitioned Russia's Interior Ministry and Investigative Committee to probe Simonyan's comments, according to the news outlet. AdvertisementAdvertisementSimonyan wrote in a message on Telegram that she did not call for a nuclear strike on Siberia, Russian news outlet Meduza reported.

Persons: Margarita Simonyan, Simonyan, —, Vladimir Putin's, …, Julia Davis, Maria Prusakova, Anatoly Lokot, Simonyan's, Nikolai Korolev, Evgeniy Stupin, Dmitry Peskov, Davis Organizations: Service, US State Department, Moscow Times, Russian Media Monitor, Communist Party, State Duma, Moscow, Duma, Russia's Interior Ministry, Committee Locations: Moscow, Siberia, Ukraine, Russian, State, Siberia's Altai, Siberian, Novosibirsk

☆ A Kansas police chief who signed off on a raid of a newspaper that ultimately led to the death of its co-owner has resigned
▼ + stars: | 2023-10-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

In August, local Kansas law enforcement raided a small newspaper. The police chief who initially signed off on the raid has now officially resigned from his post. AdvertisementAdvertisementA Kansas police chief who ordered the controversial raid of a small-town newspaper in August has officially resigned. Marion Police Department Chief Gideon Cody turned in his badge on Monday less than two months after he signed off on the police raid of the Marion County Record in August. To obtain the search warrants for the raid, Cody previously argued that the newspaper broke the state's identity theft laws to obtain a local business owner's driving records.

Persons: —, Gideon Cody, Zach Hudlin, Marion Mayor David Mayfield, Cody, Joan Meyer Organizations: Service, Kansas police, Marion Police Department, Marion County, Marion Mayor, Kansas Bureau, Investigation, Marion County Record, Kansas City Police Department Locations: Kansas, Marion

(AP) — The 3-year-old son of a firefighter was struck and killed in Delaware over the weekend shortly before a memorial walk was to begin to honor three firefighters killed in an a blaze seven years ago, authorities said. The Wilmington fire chief's office said a group of off-duty Wilmington firefighters, family members and friends were gathering just before 10 a.m. Sunday for the walk to honor three city firefighters killed in the line of duty at a structure fire on the same day in 2016. Matthew Marsella said in a statement that the child, the son of an off-duty firefighter, was struck by a vehicle driven by another off-duty firefighter trying to park to take part in the memorial event. The boy was taken to Wilmington Hospital, where he was pronounced dead. Beatriz Fana-Ruiz, accused of having set fire to the basement of the home, pleaded guilty in 2019 to second-degree murder, arson and assault.

Persons: Matthew Marsella, Wilmington Mayor Michael Purzycki, “, ”, Christopher Leach, Jerry Fickes, Ardythe Hope, Beatriz Fana, Ruiz Organizations: Wilmington Hospital, Wilmington Mayor, Wilmington Fire Locations: WILMINGTON, Del, Delaware, Wilmington, Canby, Dominican Republic

BRUSSELS, Sept 20 (Reuters) - European Union's second-top court on Wednesday backed an EU competition regulator's decision against a 700-million-euro ($748 million) Belgian tax scheme for 55 multinationals, in a major win for EU antitrust chief's crackdown on sweetheart tax deals. The Luxembourg-based General Court had in 2019 annulled Margrethe Vestager's decision after Belgium and about 30 of the companies challenged it. Beneficiaries of the Belgian scheme that dated from 2005 included U.S. manufacturer Magnetrol, oil company BP (BP.L), chemical producer BASF (BASFn.DE), Wabco, Cellio, Atlas Copco (ATCOa.ST) and Belgacom, now Proximus (PROX.BR) . The EU Court of Justice, Europe's top court, in 2021 however sided with the EU competition enforcer and referred the case back to the lower tribunal. Belgium can still appeal to the EU Court of Justice.

Persons: Margrethe Vestager's, Atlas, Europe's, Foo Yun Chee, Bart Meijer, Tomasz Janowski Organizations: Belgian, EU, BP, BASF, Justice, Belgian Finance Ministry, Thomson Locations: BRUSSELS, EU, Luxembourg, Belgium, Brussels, Amsterdam

The parent posted to TikTok a now-viral security video of the conversation, which has generated widespread criticism of the police's response. Video footage shows the father informing the officers his daughter is asleep and saying he wasn’t sure what they could do. REMAINING QUESTIONSDespite the police chief's statement referring to the child as a victim, Columbus police have not responded to questions about whether she could still face charges. A police spokesperson has also not answered whether any other children have faced charges in Columbus under Ohio's laws about child sexual abuse material. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

Persons: Elaine Bryant, didn’t, “, Kelsie Schneider, Brian Weiner, Schneider, Weiner, wasn't, ___ Samantha Hendrickson Organizations: Columbus, The Associated Press, Columbus Police, Police, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, Ohio, Columbus

☆ WHO chief pushes China for ‘full access’ to determine COVID’s origins, Financial Times reports
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +1 min

"We're pressing China to give full access, and we are asking countries to raise it during their bilateral meetings — to urge Beijing to co-operate," WHO Director-General Tedros Adhanom Ghebreyesus told the newspaper. The WHO chief's comments come as health authorities and pharmaceutical companies across the world have been racing to update vaccines to combat newer emerging coronavirus variants. Ghebreyesus has for long been pressing China to share its information about the origins of COVID-19, saying that until that happened all hypotheses remained on the table. The virus was first identified in the Chinese city of Wuhan in December 2019, with many suspecting it spread in a live animal market before fanning out around the world and killing nearly 7 million people. Reporting by Kanjyik Ghosh in Bengaluru Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Tedros Adhanom Ghebreyesus, Esa Alexander, Kanjyik Ghosh, Tomasz Janowski Organizations: World Health Organization, WHO, REUTERS, Financial Times, Thomson Locations: Cape Town , South Africa, Beijing, China, Wuhan, Bengaluru

☆ Soccer - Spain women's players stick to national team boycott - Cadena SER
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: 1 min

MADRID, Sept 15 (Reuters) - Players in Spanish national women's team are set to continue their boycott of the squad despite a revamp in the Spanish football federation following a furore over the former soccer chief's allegedly non-consensual kiss on player Jenni Hermoso, Cadena SER radio station reported on Friday, citing unidentified sources close to the federation. Reporting by David Latona; Editing by Inti LandauroOur Standards: The Thomson Reuters Trust Principles.

Persons: chief's, Jenni Hermoso, David Latona, Inti Organizations: Spanish, Cadena SER, Inti Landauro, Thomson Locations: MADRID

☆ NASA created a new position to lead UFO research and appointed somebody, but won't share who it is
▼ + stars: | 2023-09-14 | by ( Morgan Mcfall-Johnsen | Maiya Focht | ) www.businessinsider.com time to read: +3 min

NASA also created a new position to lead UAP research, but officials won't say who they appointed. NASA officials cited harassment concerns but said they might share the new UAP chief's name someday. As part of its new plan to tackle mysterious phenomena, NASA created a new officer position: Director of UAP Research. That's why I'm announcing that NASA has appointed a NASA Director of UAP Research," Bill Nelson, NASA's administrator, said in a press briefing on Thursday. NASA Administrator Bill Nelson speaks in Colorado Springs, Colorado.

Persons: Bill Nelson, Bill Ingalls, Nicola Fox, Fox, Daniel Evans, Evans Organizations: NASA, UAP, Service, Navy, Research, UAP Research Locations: Wall, Silicon, Colorado Springs , Colorado

The United States also offers tax credits of up to $7,500 for buyers of new electric cars, and several more for manufacturers of EVs and EV components. And each government views the support they provide as merely also doing "whatever it takes" to keep their own industries competitive. The mere threat of a probe into China's subsidies might actually be enough to slow the pace of imports from China while allowing sales of European cars to pick up further. Shares of major European car producers have heavily lagged U.S. and China EV rivalsIn that way, the EU Commissioner will have provided a valuable service to Europe's manufacturers without needing to actually dig too deeply into China's subsidy practices. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ursula von der Leyen, von der Leyen, Gavin Maguire, Josie Kao Organizations: EU Commission, European EV, European Union, EV, United, Volkswagen, BMW, Renault, China EV, Reuters, Thomson Locations: LITTLETON , Colorado, Europe, Beijing, European, United States, Germany, China, EU

☆ ‘Extremely risky’: OPEC criticizes IEA forecast that fossil fuel demand will peak before 2030
▼ + stars: | 2023-09-14 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Oil producer group OPEC on Thursday sharply criticized the IEA's forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade, describing such a narrative as "extremely risky," "impractical" and "ideologically driven." The IEA, the world's leading energy watchdog, said Tuesday that the world was now at the "beginning of the end" of the fossil fuel era. His assessment is based off of the IEA's World Energy Outlook, an influential report which is due out in October. OPEC, a multinational group of mainly Middle Eastern and African nations, published a statement Thursday to outline its objections to the IEA chief's forecast. OPEC said that previous predictions of peak fossil fuel demand had failed to materialize.

Persons: Biden, Fatih Birol, Birol, Haitham, Ghais Organizations: Trans, Trans Alaska Pipeline System, National Petroleum Reserve, Financial Times, Energy, OPEC, IEA Locations: Trans Alaska, Alaska, Delta Junction

NEW DELHI (AP) — U.N. Secretary-General António Guterres on Friday urged the Group of 20 top economic powers, which are responsible for more than 80% of the emissions that cause global warming, to use their weekend summit to send a strong message on climate change. Climate ministers of the G20 nations ended their last meeting for the year in July without resolving major disagreements on climate policies. Guterres called on big emitters to make additional efforts to cut emissions and rich countries to meet the climate finance commitments made already. Energy analysts say its crucial that G20 leaders act on the U.N. chief's suggestions. And have it now,” said Madhura Joshi, energy analyst at the climate think tank E3G.

Persons: — U.N, António Guterres, Guterres, ” Guterres, ”, Madhura Joshi, Joshi Organizations: DELHI, Group, World Bank, International Monetary Fund, United Nations, Organization for Economic Cooperation, Development, Energy, AP Locations: Paris, New Delhi, Ukraine, ”

☆ ADL CEO says Elon Musk's insinuation to sue over defamation is merely a 'threat of a frivolous lawsuit'
▼ + stars: | 2023-09-06 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

Elon Musk's recent comments insinuating that the real-time messaging service formerly known as Twitter could file a defamation lawsuit against the Anti-Defamation League is merely a "threat of a frivolous lawsuit," the nonprofit's CEO Jonathan Greenblatt said Tuesday. Musk said X, the company formerly known as Twitter, would have "no choice but to file a defamation lawsuit" if the ADL continues to allegedly pressure advertisers. X's attorneys alleged that the CCDH's studies were based upon "flawed methodologies" and caused advertisers to stop running promotional campaigns on the messaging service, thus damaging X's business. For instance, Nick Fuentes, a far-right livestreamer who has previously made antisemitic comments, urged his viewers to contribute to the #BanTheADL campaign. Watch: X Corp. CEO Yaccarino: We're keeping an eye on everything that Threads is doing.

Persons: Elon, Jonathan Greenblatt, Greenblatt, Musk, X, Linda Yaccarino, Nick Fuentes, Woods, Elon Musk, Andrew Torba, Alex Jones, Yaccarino Organizations: Anti, Defamation League, CNBC, Labor, ADL, Twitter, Digital, YouTube, X Corp Locations: Florida

[1/3] Fed Governor Philip Jefferson testifies before a Senate Banking Committee hearing on his nomination to be the Federal Reserve's next vice chair, on Capitol Hill in Washington, U.S., June 21, 2023. Senators also confirmed Fed Governor Lisa Cook to a fresh 14-year term at the central bank, though they did so in a 51-47 vote that broke along partisan lines. Both Jefferson and Cook have a PhD in economics and became Fed governors in May of 2022 after long careers in academia. The U.S. central bank's vice chair, whose term is four years, also traditionally serves as the Fed chief's go-to official on policy communications, underscoring key messages and clarifying potential misinterpretations. The confirmations of Jefferson, Cook and Kugler would make the board the most diverse in the central bank's more-than-100-year history.

Persons: Philip Jefferson, Jonathan Ernst, Lisa Cook, Cook, Jerome Powell, Powell, John Williams, Adriana Kugler, Jefferson, Kugler, Ann Saphir, Chizu Nomiyama, Andrea Ricci, Paul Simao Organizations: Federal, Capitol, REUTERS, U.S, Senate, Federal Reserve, Senators, Jefferson, New York Fed, World Bank, Fed, Latina, Thomson Locations: Washington , U.S, U.S

☆ Luis Rubiales: Complaints stack up against Spanish football chief -- and not just over his forcible kiss of a World Cup star
▼ + stars: | 2023-09-04 | by ( Atika Shubert | ) edition.cnn.com time to read: +6 min

A chauvinist act, by a president who is already plagued by corruption scandals and sexism,” he told CNN on Thursday. But when that didn’t assuage public anger, he doubled down in a widely-broadcast Royal Spanish Football Federation (RFEF) meeting and defiantly refused to resign, to the applause of the mostly male audience. The uproar over the kiss, he told CNN, is just the beginning of a longer fight. “I was not surprised by that at all,” Juan Rubiales told El Mundo of the kiss. The person some of us knew privately but now the whole world can actually see him,” she told CNN.

Persons: Luis Rubiales, Miguel Angel Galan, Rubiales, Jenni Hermoso, ”, Spain’s, Hermoso, “, Manaure Quintero, Galan, – Angel Maria Villar, ” Galan, Juan Rubiales, ” Juan Rubiales, El Mundo, Beatriz Alvarez, Alvarez, ” Alvarez Organizations: CNN, Spain’s Football Federation, Spain, Galan, National Training Center of Football, Spanish, of Sport, Federation, Rubiales, Spanish Football Federation, Bloomberg, Getty, El Mundo, ” CNN, FIFA, La Liga, Football Federation Locations: Madrid, Spain, Spanish, Saudi Arabia

☆ Bezos snubbed Musk's SpaceX for huge satellite launch contract, Amazon shareholder says
▼ + stars: | 2023-09-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk , who has taunted his fellow billionaire's space ambitions for years. Last year, Amazon announced what it called the biggest rocket deal in the commercial space industry's history, signing launch contracts with United Launch Alliance (ULA), Arianespace, and Bezos' Blue Origin. Blue Origin has yet to provide a statement in response to CNBC's request for comment on the lawsuit. In January 2022, the suit says Bezos' team told the Amazon audit committee that two contracts had been fully negotiated with Blue Origin and ULA. "Bezos, it must be assumed, could not swallow his pride to seek his bitter rival's help to launch Amazon's satellites," the suit adds.

Persons: Jeff Bezos, Elon Musk, Bezos, –, Andy Jassy, Eisenhofer, Origin's, ULA Organizations: SpaceX, Tesla, Origin, Cleveland Bakers, Teamsters Pension Fund, Amazon, Elon, United Launch, CNBC, CB, Blue, FCC, Foods Locations: Delaware, New York

☆ Mourners in Moscow wept for Yevgeny Prigozhin, comparing him to Lenin and Stalin. It shows how the mercenary leader's popularity endures even after he clashed with Putin.
▼ + stars: | 2023-08-28 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Hundreds of mourners gathered in Moscow to mourn the death of Wagner boss Yevgeny Prigozhin. Prigozhin, who led a mutiny against Russia's military, was killed last week after a jet crashed outside Moscow. The public mourning of Prigozhin shows how his popularity endures even after clashing with Russian President Vladimir Putin. People pay tribute to late head of Wagner paramilitary group, Yevgeny Prigozhin at a makeshift memorial in Moscow, on August 27, 2023. Even some Wagner fighters appeared at the makeshift memorial to pay their respects to Prigozhin.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin, Yevgeny Prigozhin's, Heartbroken grievers, —, Vladimir Lenin, Joseph Stalin, NATALIA KOLESNIKOVA, Alyona, didn't, Lenin, Stalin, Sergei Organizations: Service, Wagner Group, New York Times, Getty, Times, Kremlin Locations: Moscow, Wall, Silicon, AFP

☆ Warren Buffett may be bracing for a recession – and Michael Burry's latest big short is a 'good move,' says top economist Steve Hanke
▼ + stars: | 2023-08-28 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett and Michael Burry may be expecting a market downturn and recession, Steve Hanke says. Berkshire Hathaway sold a net $8 billion of stocks and added to its cash pile in the second quarter. Burry's Scion firm placed bets against the S&P 500 and Nasdaq-100 worth a notional $1.6 billion. Steve Hanke says the Berkshire Hathaway CEO and the investor of "The Big Short" fame are likely preparing for trouble. "It looks to me like Burry has made a good move," Hanke said about the Scion chief's latest big short.

Persons: Warren Buffett, Michael Burry, Steve Hanke, Berkshire Hathaway, Buffett's, Hanke, Buffett, Goldman Sachs, Davidson, Elon Musk's Tesla, Burry, Ronald Reagan Organizations: Scion, Nasdaq, Service, Berkshire, Johns Hopkins University, Toronto Trust, Electric, Harley, Scion Asset Management, Elon, & $ Locations: Wall, Silicon, Toronto Trust Argentina, Mars

☆ What now for Putin? Kremlin critic says Prigozhin’s apparent death will ‘cement his authority’
▼ + stars: | 2023-08-24 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Gavriil Grigorov | Afp | Getty ImagesProminent Kremlin critic Bill Browder believes the presumed death of Wagner chief Yevgeny Prigozhin will shore up President Vladimir Putin's shaken authority, saying the Russian leader "never forgives and never forgets." His comments come shortly after Russian aviation officials said Wednesday that Prigozhin was believed to have been killed in a plane crash. A view of site after a private jet, allegedly carrying Wagner head Yevgeny Prigozhin and other passengers crashed in Russia's northwestern Tver region, Russia on August 23, 2023. This will cement his authority and is standard Putin operating procedure," Browder said. The Wagner boss had struck an apparent deal with the Kremlin in the aftermath of the June rebellion.

Persons: Vladimir Putin, Gavriil Grigorov, Bill Browder, Wagner, Yevgeny Prigozhin, Vladimir Putin's, Prigozhin, Dmitry Utkin, Utkin, of, Yevgeny Viktorovich Prigozhin, Putin, Browder, Ian Bremmer, Prigozhin's, Bremmer, Wagner chief's, he's, CNBC's Organizations: Sputnik, Afp, Getty, NBC, Telegram, Wagner Group, Grey, Anadolu Agency, Federal Agency for Air Transport, Russian Embassy, Kremlin, Eurasia Group Locations: Kursk, Nazi Germany, Soviet Union, Moscow, Tver, Ukraine, Syria, Libya, Africa, of Russia, Russia, Russia's, Russian, London, Belarus

☆ Spain soccer: Rubiales' apology over unsolicited kiss not enough - PM Sanchez
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +2 min

The incident - which happened as Luis Rubiales handed the women's team gold medals after they beat England 1-0 in the final on Sunday - sparked outrage within and outside Spain, with many, including ministers, demanding Rubiales' resignation. "We've seen his apology and that's not enough, he must be much clearer and convincing in apologising," Sanchez told a news conference. Sanchez said the federation was not part of the Spanish government, which lacked the power to appoint or fire the federation's president. As criticism mounted, Rubiales issued a video apology late on Monday, after initially calling critics "idiots". "Surely I was wrong, I have to admit," Rubiales said in the video statement sent by the federation.

Persons: Pedro Sanchez, Royal Spanish Football Federation Luis Rubiales, Juan Medina, Jenni Hermoso, Luis Rubiales, Rubiales, We've, that's, Sanchez, Hermoso's, Inti Landauro, David Latona, Bernadette Baum Organizations: Soccer Football, FIFA, Spain's, Moncloa, Royal Spanish Football Federation, Rights, England, YouTube, Equality Ministry, Thomson Locations: New Zealand, Madrid, Spain, Spanish

☆ Warren Buffett missed a trick by not investing in Tesla at a rock-bottom valuation, Elon Musk says
▼ + stars: | 2023-08-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett could have invested in Tesla when it was worth almost nothing, Elon Musk said. Buffett passed on Tesla at a $200 million valuation in 2008, Musk previously said. Tesla is now worth about $700 billion, but that's down from a peak valuation of $1.2 trillion. Elon Musk often mentions Warren Buffett on Tesla earnings calls. As for Buffett, he's questioned why Musk tweets himself into trouble, and once challenged the tech billionaire to disrupt the candy business.

Persons: Warren Buffett, Elon Musk, Buffett, Musk, Tesla, could've, Charlie Munger, Munger, He's, he's Organizations: Tesla, Service, SpaceX, Berkshire Hathaway, Ford, General Motors, BYD, Getty Locations: Tesla, Wall, Silicon, Berkshire, Munger

☆ Treasury Secretary Janet Yellen says China's slump has spillover risks but her US outlook is still positive
▼ + stars: | 2023-08-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Treasury Secretary Janet Yellen said China's economic snags pose some risks to the US. "China's slowdown will have the largest impact on its Asian neighbors, but there will be some spillovers to the United States." She maintained that the US labor market remains strong while inflation trends downward after the Federal Reserve's 11 interest rate hikes. "When Americans are asked about their own personal financial situation, 70% or more say they feel very good," Yellen said. The Treasury chief's comments follow President Joe Biden's remarks that China's economy is a "ticking time bomb," given its growth and demographic issues.

Persons: Janet Yellen, Yellen, they're, Joe Biden's, They've, Biden, David Dollar Organizations: Service, Bloomberg, Federal, Reuters, Brookings Institution Locations: United States, Wall, Silicon, Las Vegas, Utah, Beijing, China

☆ The CEO of Rewind AI publicly shared his performance reviews. Some criticized his communication while others praised his leadership.
▼ + stars: | 2023-08-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

The CEO of Rewind AI made his own 360-degree performance reviews public to be transparent. Some criticized his communication style while others praised his resourcefulness and leadership. The CEO of Andreessen Horowitz-backed startup Rewind AI has taken the unusual step of publicly sharing his own performance reviews in an effort to demonstrate the level of transparency at his company. Dan Siroker, who previously founded A/B testing company Optimizely, posted his last five 360 reviews, which include feedback from colleagues, in a tweet on Thursday. One of the Rewind AI chief's reviews suggested that he needed to change his tone when communicating with workers on Slack.

Persons: Dan Siroker, Andreessen Horowitz, Siroker, Sam Altman, Siroker's, Brett Bejcek, Dan Siroker didn't Organizations: Morning, Siroker, New Enterprise Association Locations: New York

"I said that this should be absolutely excluded and all officials of the country should drive domestic cars," Putin said, telling officials they should strive to develop domestic brands, domestic cars, and other domestic products. Chinese carmakers are seizing market share in Russia, capitalising on the departure of Western players, auto industry data shows. Russia's Lada holds the number one spot in the domestic market, with its share for January-June at 32.6%, up from 21.6% last year. Lada's share slipped slightly in July year on year, as Chinese carmakers' sales continued rising rapidly, the data showed. Chinese brands, such as Haval (601633.SS), Chery and Geely (0175.HK), accounted for the next six spots in terms of market share in July.

Persons: VAZ, Alexey Malgavko, Vladimir Putin, PPK, Putin, capitalising, Russia's Lada, Lada's, Gleb Stolyarov, Alexander Marrow, Mark Potter Organizations: Lada, REUTERS, Mercedes, Benz, Renault, Nissan, Reuters, Chery, Geely, HK, Thomson Locations: Soviet, Izhevsk, Russia, Ukraine, Crimean, Kyiv, Moscow, Crimea

NEW YORK, July 26 (Reuters) - British billionaire Joe Lewis has surrendered to U.S. authorities in Manhattan and is expected to appear in court later on Wednesday to face insider trading charges, a spokesperson for the U.S. Attorney's office in Manhattan said. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, were also charged with insider trading securities fraud. Joe Lewis is a wealthy man," Damian Williams, the U.S. Attorney in Manhattan, said in a statement. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' then-girlfriend Carolyn Carter.

Persons: Joe Lewis, Lewis, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Daniel Levy, Dylan Martinez, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: YORK, U.S, Tottenham Hotspur, Tottenham, Prosecutors, Mirati Therapeutics, Southampton Premier League, Reuters, Tavistock Group, Forbes, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, U.S, Manhattan, United States, New York, Virginia

☆ Chevron appoints Eimear Bonner as new finance chief and issues preliminary second-quarter earnings results
▼ + stars: | 2023-07-23 | by ( Terri Cullen | In Terricullen | ) www.cnbc.com time to read: +1 min

Cars drive past sign with logo at the entrance to the world headquarters of petroleum company Chevron in the Bishop Ranch office park in San Ramon, California. Chevron on Sunday said the company's Chief Financial Officer Pierre Breber will retire next year, and named long-time company veteran Eimear Bonner, chief technology officer of Chevron Technical Center, as his successor. Separately, the company also said it waived the mandatory retirement age requirement for its Chief Executive Officer Mike Wirth. The upcoming chief executive will take the position starting March 1, 2024, the company said in a statement. Chevron noted, however, that the financial results reported Sunday don't represent a comprehensive statement of its second-quarter results and said it will issue its complete second-quarter earnings figures on Friday, July 28.

Persons: Pierre Breber, Eimear Bonner, Mike Wirth, Bonner, Chevron's, — Organizations: Chevron, Sunday, Chevron Technical Center, — Reuters Locations: Bishop, San Ramon , California

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