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Of the various potential rulings possible in the case involving the abortion pill mifepristone, either of those outcomes would be unprecedented judicial intervention in the agency's regulatory process. Some of the FDA's options could be politically and legally risky both for the agency and mifepristone suppliers, they said. The FDA said the pill was deemed safe after extensive studies and use, and that the challenge comes much too late. Under FDA statutes and regulations, drug approval withdrawal generally begins with an informal hearing, which can entail extensive document preparation and the convening of an advisory committee. Overseas provider Aid Access, an Austria-based service that ships abortion medication to U.S. patients, said it would continue providing the pill no matter how the FDA responds.

☆ Vienna 'few degrees' exhibit tilts paintings to call for climate action
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +2 min

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.

[1/4] FILE PHOTO-Austria's foreign minister Alexander Schallenberg speaks during an interview with Reuters in Vienna, Austria, March 16, 2023. REUTERS/Lisa LeutnerSummarySummary Companies Foreign minister says Russia important for Europe'Part of European culture, whether we like it or not'Schallenberg defends Raiffeisen against criticismVIENNA, March 22 (Reuters) - Russia will always remain important for Europe, Austria's foreign minister said, saying that to think otherwise was delusional. Schallenberg said it was for Austria to enforce sanctions and pointed the finger at other Western banks doing business in Russia. "Austrian companies have to stick to Austrian rules, part of which are the European Union sanctions." "There are enough American banks, one with the name Bank of America, present in Russia," said Schallenberg.

Swiss authorities brokering Credit Suisse's (CSGN.S) rescue merger with UBS (UBSG.S) have said 16 billion Swiss francs ($17 billion) of its Additional Tier 1 (AT1) debt will be written down to zero. That puts holders of the AT1 bonds lower in priority than even investors who hold an equity stake in Credit Suisse and can expect to get 0.76 Swiss francs per share. The shock realisation reverberated through Asian markets on Monday as traders hurried to reprice bank debt, and pushed bank stocks down. Asian AT1 bonds were down 4-5 points, while European ones were down 10 points, he said. But you did enter this thing believing that you'd be senior to the equity holders, that's the thing that people are worried about."

☆ Ex-Amazon consumer chief Jeff Wilke backed a $4 million round in preventative healthcare startup AERA Health after seeing this 12-slide pitch deck
▼ + stars: | 2023-03-20 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

A Swiss-German startup has raised $4.25 million for its preventative healthcare platform. AERA Health will offer consumers a mix of digital and in-person treatments and personalized health plans. A startup that aims to bring preventative and personalized healthcare plans to individuals has just secured $4.25 million in funding. Swiss-German startup AERA Health is tapping into the burgeoning field of preventative medicine and longevity — tailing Spotify founder Daniel Ek's recent foray into the sector. This holistic data gives the startup — and any clinicians working collaboratively with it — a starting point to guide their patients through their personalized health plans.

☆ ECB likely to keep boosting interest rates, Belgian central-bank chief says
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +3 min

FRANKFURT/BRUSSELS, March 18 (Reuters) - The ECB is likely to keep raising interest rates as a repeat of the 2008 financial crisis is unlikely with European banks subject to tougher rules than regional U.S. banks, Belgian central bank chief Pierre Wunsch said. It will meeting by meeting," Wunsch said. "If you look at the Belgian banks, they are more solid than the average of European banks. "We do neither see a risk of contagion nor a risk of instability if we look at the figures from a rational perspective," the central bank governor said. Asked about the future of Credit Suisse, Wunsch said he only saw a "very low" likelihood that the bank might go bankrupt.

[1/2] A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. The ECB has hiked rates by 350 basis points since last July, lifting its benchmark refinancing rate to 3.5% on Thursday. Wunsch said the ECB had a "long way to go" if its baseline inflation forecast materialised. Credit Suisse was dealing with "a longstanding restructuring problem", he added. Asked about the future of Credit Suisse, Wunsch said he only saw a "very low" likelihood that the bank might go bankrupt.

☆ Factbox: Chipmakers' plans for factories in Europe, US and Asia
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

[1/3] The logo of semiconductor manufacturer Infineon is seen in Villach, Austria, June 3, 2018. The European Commission has earmarked 15 billion euros for public and private semiconductor projects by 2030, while U.S. President Joe Biden's administration passed the CHIPS Act last year to make over $52-billion worth of subsidies available for the American semiconductor industry. The Act deters companies using U.S. funds from undertaking any big expansions of overseas semiconductor manufacturing facilities in "countries of concern" such as China for 10 years, with some exceptions. India, Taiwan and South Korea have also offered incentives such as tax breaks to boost domestic chip production. Below are some of the chipmakers' plans for factories in Europe, North America and Asia:NORTH AMERICAEUROPEASIAReporting by Antonis Pothitos in Gdansk, Tiyashi Datta, Chavi Mehta and Aditya Soni in Bengaluru; editing by Josephine Mason, Mark Potter and Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ ‘Marie Antoinette’ Review: Boudoirs and Bloodlines on PBS
▼ + stars: | 2023-03-17 | by ( John Anderson | ) www.wsj.com time to read: +1 min

An ornate soap opera of the sort that has become a fixture of Sunday nights on PBS, the eight-part “ Marie Antoinette ” is a little like “Titanic”: We all know the subject’s destination. The question is how long it will take to get there. It’s not a brisk trip. Not usually a problem, if the parties are eager and the plumbing is intact. But the dauphin, Louis-Auguste (Louis Cunningham), is diffident to the point of paralysis and Marie spends much time worried if he’ll ever rise to greatness.

☆ Belgium to become second EU country to recognize Buddhism
▼ + stars: | 2023-03-17 | by ( Marine Strauss | ) www.reuters.com time to read: +1 min

BRUSSELS, March 17 (Reuters) - Belgium is expected to officially recognize Buddhism after the federal government approves a draft law on Friday, opening the door to federal funding, official delegates and school classes. The Belgian Buddhist Union had requested recognition in March 2006. The only other EU country where Buddhism is recognized is Austria. There are currently six worship services officially recognized in Belgium: the Roman Catholic, the Orthodox, the Israelite, the Anglican, the Protestant Evangelical and the Islamic, recognized in 1974. All Belgian provinces and the Brussels Region would then also have to each finance a local Buddhist centre.

REUTERS/Brian Snyder/File PhotoLONDON, March 15 (Reuters) - Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to short positions on European banking shares after the collapse of Silicon Valley Bank sparked contagion fears across global banks, according to data from Breakout Point. Short sellers had amassed bearish positions worth more than $15.7 billion against European banks by Tuesday, according to S&P Global Market Intelligence. Millennium Management, Citadel, Wellington Management, Capital Fund Management, Odey Asset Management and Marshall Wace declined to comment. Marshall Wace held the largest disclosed number of short positions against banks, public filings from Austria, Italy, Sweden, Britain, Spain and Poland analysed by Breakout Point showed. Its shares were up 18% at 1602 GMT, in a broader European banking index (.SX7P) up 1.4%In the week to Wednesday, some 120 billion euros had been wiped off the value of European bank shares.

☆ The 20 best airports in the world according to passengers
▼ + stars: | 2023-03-15 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Aviation ranking website Skytrax has revealed the world's best airports for 2023. "Changi Airport is honoured to be named World's Best Airport for the 12th time," Changi CEO Lee Seow Hiang said in a press release. Of the top 20 airports, nine are in Europe, eight are in Asia, two are in North America, and one is in Australia. Seattle-Tacoma International Airport and Vancouver International Airport came in at numbers 18 and 20, barely making the list. In fact, Seattle once again won the award for being North America's best airport, and LaGuardia's Terminal B won "world's best new airport terminal."

Big hedge funds including Marshall Wace and Odey Asset Management added to short positions against Europe's banks, regulatory filings seen by Reuters and data from Breakout Point showed. Marshall Wace held the largest disclosed number of short positions against banks, public filings from Austria, Italy, Sweden, Britain, Spain and Poland analysed by Breakout Point showed. The banks included BAWAG (BAWG.VI), FinecoBank (FBK.MI), Handelsbanken (SHBa.ST), CaixaBank (CABK.MC), NatWest Group (NWG.L) and PKO Bank Polski (PKO.WA). BNP Paribas shares fell by as much as 12% on Wednesday before recovering to show a loss of 9%, while Deutsche Bank shares fell almost 9%. In the week to Wednesday, some 120 billion euros ($126 billion) had been wiped off the value of European bank shares.

Markets have ramped up bets on further rate increases after the ECB has already tightened monetary policy by 3 percentage points since July. ECB President Christine Lagarde reckons a 50 basis points (bps) rate hike "is very, very likely". "The ECB is prioritising getting policy rates as high as needed and nothing else is as important," Pictet Wealth Management's head of macroeconomic research Frederik Ducrozet, said. Signs of economic resilience suggest ECB growth forecasts, also out on Thursday, could be revised upwards for 2023. Falling energy prices and a stronger euro, up around 6% in trade-weighted terms from August lows, suggest headline inflation forecasts could be revised lower.

Available for the iPhone 14 and iPhone 14 Plus, the new color is available for preorder today and goes on sale on March 14. Apple iPhone 14 (Yellow) Yellow is a new color option for the standard iPhone 14. Apple iPhone 14 Plus (Yellow) The iPhone 14 Plus now comes in yellow. Along with the yellow iPhone 14, Apple also added a new canary yellow silicone case for the iPhone 14 and iPhone 14 Pro. The safety features are included in the iPhone 14 and iPhone 14 Plus for two years.

☆ Take Five: A macro-packed punch for markets
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +5 min

1/ THE PRICE IS RIGHTU.S. inflation data have been pivot points for markets and Tuesday's report will likely be consequential as investors gauge whether the Federal Reserve will return to the jumbo-sized rate hikes that shook markets last year. The European Central Bank has raised rates by 3 percentage points since July to 2.5% and looks set for another half-point increase on Thursday. Austria's central bank chief Robert Holzmann wants half-point rises at each of the next four meetings. Riskier, more fragile emerging markets, especially those with twin deficits, could feel the heaviest punch if the Fed goes all the way to 6%. Emerging markets countries hiking (+) or cutting (-) their policy ratesCompiled by Amanda Cooper; Graphics by Pasit Kongkunakornkul, Kripa Jayaram and Vincent Flasseur; Edited by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ A startup raised $79 million for its open smart-locker network. Check out the pitch deck it used to raise the funds.
▼ + stars: | 2023-03-08 | by ( Maybrit Martschin | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +2 min

Myflexbox is an Austrian startup that offers a smart-locker network. The company uses an open API to connect operating systems from different delivery providers. Insider has an exclusive copy of the pitch deck it used to raise 75 million euros. To help them achieve this, the founders recently secured 75 million euros, or about $79 million, in new funding. Insider has an exclusive copy of the pitch deck it used to raise the funds.

☆ Europe is trying to move from planes to trains. Here's how that's going
▼ + stars: | 2023-03-07 | by ( Miquel Ros | ) edition.cnn.com time to read: +11 min

Aviation emissions in Europe increased an average of 5% year-on-year between 2013 and 2019, according to the EU. Not surprisingly these moves have set alarm bells ringing in the aviation industry. “For many decision-makers, banning short-haul flights and showing support to the rail industry is an easy win to gain favor with the public, especially in Europe,” Montserrat Barriga, the ERA’s director general, told CNN. “Governments continue ignoring the biggest source of aviation emissions – long-haul flights, that remain unpriced and unregulated,” says T&E’s Dardenne. Better connectivity between intercity rail and airports would also reduce the need for short-haul flights.

☆ Women's Day in Italy hit by drought as flower supply dries up
▼ + stars: | 2023-03-07 | by ( Federico Maccioni | ) www.reuters.com time to read: +2 min

MILAN, March 7 (Reuters) - Italy's celebrations of International Women's Day on Wednesday risk being spoiled by a drought that has slashed production of the yellow mimosa flowers that are traditionally gifted for the occasion. The depleted supply of mimosas has pushed up prices, Coldiretti said, with large bunches selling for more than 20 euros ($21.20). Mimosas, first introduced to Italy in the 19th century, were chosen as the country's symbol of International Women's Day in 1946, the year after the end of World War Two. The choice was made by two members of an anti-fascist organization to embody women's strength, energy and perseverance. The first recorded celebration of the International Women’s Day was in 1911 in Austria, Denmark, Germany and Switzerland when over a million people rallied to support women's rights.

☆ Here's how a serial founder and former US diplomat raised $25 million to create a crypto superapp — and why it's gotten backing from investors like JetBlue and the Winklevoss twins
▼ + stars: | 2023-03-07 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Kresus, which is building a crypto superapp, has raised $25 million led by Liberty City Ventures. Traina's company, Kresus, has raised $25 million in Series A funding led by Liberty City Ventures, the company's first round of financing, to bring that vision of a crypto superapp to fruition. JetBlue Ventures, Craft Ventures, Franklin Templeton, Salesforce CEO Marc Benioff, and Gemini cofounders Tyler and Cameron Winklevoss also participated in the round. That track record helped win over Liberty City Ventures, whose portfolio includes the Web3 companies Animoca Brands, BlockApps, BitGo, and The Sandbox. James Lang, a managing director at Liberty City, told Insider that the quality of Kresus' team stood out among similar companies he'd reviewed.

☆ Explainer: International Women’s Day: date, history and this year’s theme
▼ + stars: | 2023-03-06 | by ( Josie Kao | ) www.reuters.com time to read: +3 min

March 6 (Reuters) - As the world gears up to celebrate International Women's Day (IWD) on Wednesday, here is a look at what the global event stands for, this year's theme and the issues that activists are focusing on. WHAT IS INTERNATIONAL WOMEN'S DAY? WHAT IS THIS YEAR'S INTERNATIONAL WOMEN'S DAY THEME? The U.N.'s theme this year is "DigitALL: Innovation and technology for gender equality." WHY IS INTERNATIONAL WOMEN'S DAY IMPORTANT?

☆ Iran makes sweeping pledge of cooperation to IAEA before board meeting
▼ + stars: | 2023-03-04 | by ( Francois Murphy | ) www.reuters.com time to read: +2 min

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".

☆ Austria plays down concerns over U.S. scrutiny of RBI over Russia business
▼ + stars: | 2023-03-02 | by ( Alexandra Schwarz-Goerlich | ) www.reuters.com time to read: +2 min

VIENNA, March 2 (Reuters) - Austria's finance ministry on Thursday played down concerns about U.S. sanctions officials scrutinising Raiffeisen Bank International (RBIV.VI) over its Russia business. "The inquiry from the U.S. sanctions authority is a normal process that gives no cause for concern, because sanctions authorities naturally keep informing themselves about Austrian companies doing business in Russia," Austria's finance ministry told Reuters in a statement. The Austrian finance ministry said it would in due course address questions from parliament about Raiffeisen, as the lender's activities drew more domestic political scrutiny. "A risky deal for the Austrian Raiffeisen, which instead of - like other European banks - ending its business in Russia, is focusing on intensifying business relations," Greens lawmaker Nina Tomaselli said in a parliamentary question. The finance ministry welcomed the prospect of such a deal, suggesting it could prevent losses to savers and deposit insurance of hundreds of millions of euros.

[1/5] An employee prepares online grocery orders in the storage area of Czech online grocer Rohlik Group in Prague, Czech Republic February 1, 2023. HUGE GROWTH POTENTIAL Rohlik, founded in 2014, leads the Czech market by mainly targeting customers in big cities through its string of distribution warehouses. "Competition is still mainly driven by stationary retail but a small number of online grocery players are gearing up in each market to become leading e-grocery platforms." KOSIK TURNS EASTAs Rohlik bets on Germany, Kosik is looking eastward, entering the Slovak market and expanding in Bulgaria. CEO Ivan Utesil said the company would also seek to cut into Czech market share by capitalising on its tie-in with German wholesaler Metro (B4B.DE) in some regional areas.

☆ Fisker confirms Ocean EV deliveries will begin this spring, on track to build over 40,000 in 2023
▼ + stars: | 2023-02-27 | by ( John Rosevear | ) www.cnbc.com time to read: +3 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Electric vehicle startup Fisker said Monday that it spent less money in 2022 than expected, and that it remains on track to begin deliveries of its Ocean SUV this spring and to build more than 40,000 vehicles in 2023. "These results reinforce our expectation that, at the time of launch, the Fisker Ocean will have the longest range of any SUV/Crossover priced below $70,000," he said. Fisker expects to complete the testing needed for regulatory approval of the Ocean next month, and to ramp up production – and begin deliveries -- in the second quarter. Fisker spent a total of $702 million in 2022, a bit below its guidance range of $715 million to $790 million.

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