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☆ Man City outclass Real Madrid to reach Champions League final
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +4 min

MANCHESTER, England, May 17 (Reuters) - Manchester City marched into the Champions League final for the second time in three seasons after outclassing holders Real Madrid 4-0 for a 5-1 aggregate victory at a raucous Etihad Stadium on Wednesday. With Inter Milan awaiting in the final, City will now be huge favourites to finally deliver the trophy Abu Dhabi's Sheikh Mansour has craved since buying the club in 2008, having lost to Chelsea two years ago. Just as in the Spanish capital, City took an early stranglehold with Real barely stringing two passes together and finding it almost impossible to escape their own half. City toyed with the 14-times champions for the rest of the half and could have been further ahead. With their place in the Istanbul showpiece secured, City can win their fifth Premier League title in six seasons this weekend and they also have an FA Cup final to look forward to.

☆ As the wind power industry looks to super-sized turbines, disruptors are betting on radical designs
▼ + stars: | 2023-05-16 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +2 min

Wind Catching Systems wants to develop a floating, multi-turbine system. With their considerable height and sweeping blades, wind turbines are perhaps the most visually striking sign of the world's shift to a more sustainable future. The overarching idea behind the Windcatcher system, as it's known, relates to maximizing "power generation from a concentrated area." Illustrations of what the Windcatcher would look like are certainly striking, resembling a vast, water-based wall of rotating blades. Following the pilot, Heggheim said his firm would "most likely build an intermediate size, probably around 40 megawatts, before we go for the large size."

☆ Andreas Halvorsen's Viking Global put new money in Lululemon and Sherwin-Williams in Q1
▼ + stars: | 2023-05-16 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Andreas Halvorsen's Viking Global Investors took new positions in Lululemon Athletica and Sherwin-Williams in the first quarter, according to the hedge fund's latest 13F filing to the Securities and Exchange Commission. Fellow hedge fund manager Dan Sundheim of DQ Capital Partners dumped his entire holding in Sherwin-Williams in the first quarter. A 46% increase to Halvorsen's McKesson stake put the stock in the number two slot among his biggest holdings, at $1.14 billion. Of Halvorsen's top 10 holdings, all were increased stakes in the quarter besides Amazon, which was cut almost 40%. Correction: A previous version misstated Viking Global's actions in the first quarter as a result of an incorrect quarterly comparison.

The Canadian pension funds have benchmarked their investments to that level, according to the presentation. Australian pension funds have invested about 50% of their total assets in domestic equities, according to the presentation. China Investment Corp is Teck's single-biggest institutional investor with a 10.3% stake, and Norway's wealth fund, Norges Bank, owns 1.52%, while Canadian pensions together hold 0.78% stake, according to Refinitiv data. All other pension funds did not respond to Reuters request for comments. Canadian pension funds represent 30% of the total financial savings of Canadians.

☆ Guardiola backs Haaland to fire when Man City host Real
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +1 min

May 14 (Reuters) - Manchester City manager Pep Guardiola has backed striker Erling Haaland to rediscover his best form when they host Real Madrid in the second leg of their Champions League semi-final after the Norwegian failed to find the net at the Santiago Bernabeu. But Erling, we cannot forget, is 22 years old and it was the first time he played in the semi-finals of the Champions League," Guardiola told reporters. He was speaking ahead of Sunday's Premier League game against Everton. "The Premier League title is so important even though I know the Champions League is so special. It's many, many months and many, many tough games, incredible effort; this is the most important thing," Guardiola added.

☆ How I went from working on cruise ships to taking more than 20 a year as a guest — and make a living doing it
▼ + stars: | 2023-05-13 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Next thing I know, I'm in a room with a bunch of Broadway types, performing on a cruise ship. From cruise crew member to cruise YouTuberI figured I'd get maybe 100 views on YouTube. In 2021, when the cruise ship industry was coming back, I started jumping on every ship that I could as a guest. I no longer work for any cruise companies and was able to go full-time with my YouTube channel in 2022. J. Alexander was working in entertainment when he started posting videos about what it was like to work on a cruise ship.

☆ Erling Haaland is on track to become 'the best striker ever' after record-breaking season
▼ + stars: | 2023-05-12 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Would he adapt to life in the Premier League? Only Dixie Dean, who scored 63 in the 1927/28 season, has more goals in English football during a single top-flight campaign. Haaland’s Premier League tally, which includes four hat-tricks, is a league record for a single season, breaking the previous mark held jointly by Alan Shearer and Andy Cole. Haaland, Addo observes, has modified his game to devastating effect since arriving in the Premier League, taking his pace, power, and deadly finishing to another level. Mario Hommes/DeFodi Images/Getty ImagesAddo, a former Dortmund player and Ghanaian international, oversees the development of the Bundesliga club’s talented crop of young players.

☆ EU antitrust regulators seeking more info on Apple Pay
▼ + stars: | 2023-05-10 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, May 10 (Reuters) - EU antitrust regulators are seeking more information on Apple's (AAPL.O) mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker. The EU competition watchdog last year accused Apple of restricting rivals' access to its tap-and-go technology, Near-Field Communication (NFC), used for mobile wallets, making it difficult for them to develop rival services on Apple devices. Norwegian mobile payment app and complainant Vipps said, however, that alternatives to NFC are cumbersome and not competitive. The commission's request for information to rivals and retailers is unusual as it comes three months after Apple defended itself at a Feb. 14 hearing. The regulator, which can fine Apple up to 10% of its global turnover if found guilty of breaching antitrust rules, typically issues decisions after such hearings.

☆ Real Madrid boss Carlo Ancelotti aggrieved by 'small details' in Manchester City's Champions League goal
▼ + stars: | 2023-05-10 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Real Madrid coach Carlo Ancelotti was left to rue the “small details” after the ball appeared to leave the field of play in the buildup to Manchester City’s equalizer in the teams’ Champions League semifinal. The ball was subsequently recovered by Madrid defender Eduardo Camavinga, who then lost possession with a stray pass in the lead up to De Bruyne’s goal. Angel Martinez/Getty ImagesDe Bruyne’s goal canceled out Vinícius Jr’s stunning opener for Real Madrid – a right-footed rocket from outside the Man City box. Writing on Twitter, Haaland, a former Man City player, said Madrid fans were “not happy” with him for celebrating De Bruyne’s goal. All happy.”Madrid next faces Getafe in La Liga on Saturday, while Man City plays Everton on Sunday.

☆ A Journey Into Norway’s Endless Night
▼ + stars: | 2023-05-10 | by ( Taymour Soomro | Scott Conarroe | ) www.nytimes.com time to read: +3 min

The endless night conceals the passage of time, as though we were remote from time’s effects, too, without Emily Dickinson’s slant of light that heralds death. Where better than this frozen earth, far from the ravages of human conflict and heat, for an international seed vault and the Arctic World Archive, both of which are just outside of Longyearbyen. The former, sometimes described as a doomsday vault, contains 1.2 million seed samples deposited by seed banks around the world for safekeeping. Withdrawals from the Svalbard Global Seed Vault — by a gene bank formerly in Aleppo, Syria — have already been conducted. Climate change is likely to be particularly hazardous to bears — lack of sea ice means less access to seals.

Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal. The pension fund also said Dorsey, a co-founder of Block and Twitter, was Block's only top executive who supported the purchase, and bought Tidal because he and Jay-Z were friends. But in concluding that Block directors did not breach their fiduciary duties, McCormick said she could not "presume bad faith based on the merits of the deal alone." Jay-Z, the rapper and music mogul whose real name is Shawn Carter, joined San Francisco-based Block's board after the Tidal purchase and remains a director. The Delaware case was a derivative lawsuit that sought to have Block's directors or their insurers pay damages to the company for shareholders' benefit.

☆ Champions League semifinal: Can Real Madrid stop Manchester City, the 'best team in Europe?'
▼ + stars: | 2023-05-09 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Real Madrid and Manchester City face each other in a highly-anticipated Champions League semifinal on Tuesday, pitting the defending champion against a team on a sensational run of form. Erling Haaland has broken record after record since arriving at the club last year and has scored 12 Champions League goals this season – four more than anyone else in the competition. It will be a difficult game against City because City is, at the moment, the best team in Europe,” former Madrid manager Fabio Capello told CNN Sport on Monday. Ancelotti admitted on Monday that City is a “more complete team” compared to last year, particularly with Haaland on the pitch. “We’re not setting out just to stop Haaland, but to stop a team that seems unstoppable,” Ancelotti told reporters.

Now, according to an internal U.N. estimate obtained by Reuters, 5 million additional people in Sudan will require emergency assistance, half of them children. Even before the latest crisis, U.N. humanitarian appeals for Africa faced a $17-billion funding gap this year, risking leaving millions without lifesaving assistance. Last year, it spent a third of its overseas aid budget housing refugees inside the UK, a British aid watchdog said in March. Sudan was hosting over 1 million refugees, mainly from South Sudan, Eritrea, Ethiopia and Syria, before the outbreak of fighting last month. Aid workers have been killed, food aid looted, and WFP says it's running out of stocks.

The discord between Russia and the other Arctic Council members means that an effective response to these changes is far less likely. Recently, it has taken steps to expand cooperation in the Arctic with non-Arctic states. On April 24, Russia and China signed a memorandum establishing cooperation between the countries' coast guards in the Arctic. "We need to safeguard the Arctic Council as the most important international forum for Arctic cooperation and make sure it survives," Norwegian Deputy Foreign Minister Eivind Vad Petersson told Reuters. "I don't see an Arctic Council without Russia in the future," said Larsen, a Greenland lawmaker at the Danish Parliament and the Chair of Arctic Parliamentarians, a body including MPs from across the Arctic countries.

☆ Real Boss Ancelotti hopes to get mental edge over Man City at Bernabeu
▼ + stars: | 2023-05-08 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

"We need to play a complete game tomorrow and be aware that the decisive match will be the second leg. So our aim is to travel to Manchester with a small advantage," Ancelotti told a press conference on Monday. "As for an advantage I mean it’s not only about the result, it’s attitude, the mental part of the game too. "If you play well, give trouble to your rival, put them in an uncomfortable position, it’s a mental advantage. "Manchester City didn't change their style to accommodate Haaland, they have more options vertically with him using long balls and a more direct approach," he said.

☆ These stocks are breaking out to the upside and may be poised for further gains
▼ + stars: | 2023-05-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The market may be trading in a tight range, but some stocks are breaking out of the sideways action to the upside, according to a closely watched technical indicator. Some stocks, however, are bucking this trend, and showing some momentum to the upside by closing above their 50-day moving averages. Cruise stocks dominated the list of names that punched above their 50-day averages last week. Other cruise and entertainment stocks also closed above their 50-day last week, including Norwegian Cruise Line , Carnival Cruise and Live Nation Entertainment . The stocks gained 6% and 1.9% for the week to close above their 50-day moving averages of $60.24 and $40.20, respectively.

☆ Equinor, partners to invest $9 bln in new gas field off Brazil
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

OSLO, May 8 (Reuters) - Equinor (EQNR.OL) and its partners have decided to invest about $9 billion to develop the BM-C-33 gas and condensate discovery off Brazil Norwegian company said on Monday. The field which is estimated to hold more than one billion barrels of recoverable oil equivalent is expected to start production in 2028. "Gas exported from the project could represent 15% of the total Brazilian gas demand at start-up," Equinor said in a statement. Gas from the offshore field will be directly injected into the national gas grid via a 200 kilometres pipeline landing at the city of Macae in the state of Rio de Janeiro. Equinor has a 35% stake in the project, while Repsol Sinopec (REP.MC)(600028.SS) holds 35% and Petrobras (PETR4.SA) the remaining 30%.

☆ Arsenal keeps slim Premeir League title hopes alive with crucial victory against Newcastle
▼ + stars: | 2023-05-07 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Arsenal stayed in touch with Manchester City at the top of the Premier League after a crucial 2-0 victory against third-place Newcastle. The result sees the Gunners move a point behind Manchester City having played one game more than the defending champion. Despite Newcastle’s bright start, Arsenal took the lead through Ødegaard’s brilliant shot from outside the box – the Norwegian’s 15th league goal of the season. Alex Dodd/CameraSport/Getty ImagesWith that own goal, Arsenal could see out the remainder of the game in a more comfortable fashion. “Today, we had to do it here and we did everything we had to do to win the game.”

☆ Arsenal win 2-0 at Newcastle to stay in title hunt
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +3 min

NEWCASTLE, England, May 7 (Reuters) - Arsenal showed no sign of raising the white flag in the Premier League title race with a 2-0 victory at Newcastle United on Sunday to close the gap on leaders Manchester City to one point. Newcastle stay third on 65 but Manchester United could overtake them later on Sunday if they win at West Ham United and Liverpool will sense some anxiety as they continue to chase. They also had the bitter memory of a 2-0 defeat at Newcastle a year ago that scuppered their top-four hopes. But this Arsenal side, despite the recent wobbles that have cost them top spot, are made of much sterner stuff. Pope came to Newcastle's rescue again in stoppage time at the end of a frenetic first half, keeping out Odegaard's shot with his legs after the Norwegian looked favourite to score.

☆ Gundogan brace takes Manchester City four points clear at top of Premier League
▼ + stars: | 2023-05-06 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

[1/3] Soccer Football - Premier League - Manchester City v Leeds United - Etihad Stadium, Manchester, Britain - May 6, 2023 Leeds United's Joel Robles in action as Manchester City's Ilkay Gundogan misses from the penalty spot REUTERS/Molly DarlingtonMANCHESTER, England, May 6 (Reuters) - Hard-charging Manchester City went four points clear of Arsenal at the top the Premier League on Saturday, beating Leeds United 2-1 with a pair of near-identical goals from Ilkay Gundogan, stretching their winning league run to 10 games. Mahrez teed up Gundogan again eight minutes later in a carbon copy of his first goal. Allardyce admitted it looked bound to be a blowout at halftime, but Leeds "changed in terms of pushing up the pitch." Despite numerous scoring chances, and with the Etihad Stadium crowd cheering him on, Haaland was unable to extend the Premier League single-season record of 35 goals he set earlier in the week. Treble-chasing Manchester City, who play Real Madrid on Tuesday in the first leg of the Champions League semi-final, are unbeaten in 20 games through all competitions.

☆ Guardiola wary of threat Leeds pose under new manager Allardyce
▼ + stars: | 2023-05-05 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

MANCHESTER, England, May 5 (Reuters) - Manchester City manager Pep Guardiola believes Leeds United will be dangerous opponents under interim manager Sam Allardyce given the injection of motivation change often brings. Allardyce was parachuted in on Wednesday in a last-ditch attempt to help Leeds, who are only outside the relegation places on goal difference, remain in the top flight. And again, it is a massive, massive important game for us." City's Erling Haaland could extend his record for most goals in a Premier League season on Saturday against a Leeds defence which is the worst in the top flight. Asked about Tuesday's Champions League clash with Madrid, Guardiola said City's sole focus was on the Leeds game.

☆ Dollar gains, euro dips after cautious ECB
▼ + stars: | 2023-05-04 | by ( Karen Brettell | ) www.reuters.com time to read: +3 min

SINGAPORE, May 4 (Reuters) - The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day after the Federal Reserve hiked rates by 25 basis points and indicated that it may pause further increases. The Fed on Wednesday dropped from its policy statement language saying that it "anticipates" further rate increases would be needed. The dollar index was last up 0.30% on the day at 101.52. The greenback was last down 0.17% against the Norwegian crown at 10.73 after Norway's central bank raised interest rates by 25 basis points as expected. ========================================================Currency bid prices at 10:18AM (1418 GMT)Reporting by Rae Wee Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Shell shares were up 0.8% by 1242 GMT. "In Q1, Shell delivered strong results and robust operational performance, against a backdrop of ongoing volatility," Chief Executive Officer Wael Sawan said in a statement. Sawan, who took the helm in January, told reporters he was focused on narrowing a wide gap in the share performance of Shell and its European peers against their U.S. rivals. Lower natural gas prices in the quarter weighed on Shell's giant integrated gas business, with profits slumping 18% to $4.9 billion. Shell showed "strong operational performance in the quarter across all divisions with oil and gas trading playing a key role," Jefferies analyst Giacomo Romeo said in a note.

☆ Euro falls after dovish ECB
▼ + stars: | 2023-05-04 | by ( Alun John | ) www.reuters.com time to read: +4 min

The ECB eased the pace of its interest rate hikes on Thursday with a 25-basis-point increase to its three policy rates, the smallest since it started lifting them last summer. "The ECB is clearly striking a more balanced tone and the market is pricing a bit of that, the euro is depreciating and pricing for interest rate hikes at future meetings is coming down, but just a little bit." The Fed has guided markets away from the possibility of rate cuts this year, though markets are pricing them in nonetheless. The Norwegian crown took a short trip after Norway's central bank raised interest rates by 25 basis points as expected. It initially softened sharply against the euro and dollar, but recovered.

The narrowing rate differentials between the U.S. and Europe, as markets price in more European rate increases than in the U.S., has been boosting European currencies in recent months. The Fed has guided markets away from the possibility of rate cuts this year, though markets are pricing them in nonetheless. The European Central Bank announces its rate decision later in the day. "So I think central banks, including the Fed, are at or very near the peak in their cash rates." The Norwegian crown took a short trip after Norway's central bank raised interest rates by 25 basis points as expected.

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