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☆ Safe-haven dollar hovers around 2-month high on China woes, high rates fear
▼ + stars: | 2023-08-18 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. "High yields and growing risks in China suggests the balance of risks is moderately tilted to the upside for the dollar," he added. The U.S. dollar index , which measures the currency against six peers, edged 0.1% higher at 103.53, after touching a two-month high at 103.59 on Thursday. ING'S Pesole said the single currency has been surprisingly resilient given the euro zone’s economic exposure to China. Against the yen, the dollar eased 0.3% to 145.38 , after reaching a nine-month peak of 146.56 on Thursday.

Persons: Florence Lo, Francesco Pesole, ING'S Pesole, Joice Alves, Kevin Buckland, Sharon Singleton Organizations: REUTERS, People's Bank of China, Reuters, China, HK, U.S, ING, Federal, Thomson Locations: Thursday's, U.S, Beijing, China, London, Tokyo

The U.S. dollar index was 0.097% higher on the day at 103.56, after hitting a two-month high of 103.59. The greenback has drawn support from a recent run of U.S. economic data reinforcing the view that interest rates will remain high for some time. The Australian dollar was last 0.44% lower at $0.64, having tumbled more than 0.9% to a trough of $0.6365 following the employment data release. The Norwegian crown rose from six-week lows against the dollar and the euro on Thursday after Norges Bank raised interest rates, as expected, and said it was likely to hike again in September. Against the dollar , the Norwegian crown was last up 0.22% to 10.60, having hit 10.66 earlier in the session.

Persons: Dado Ruvic, Adam Button, it's, Kathy Lien, Sterling, BoE, Hannah Lang, Joice Alves, Rae Wee, Angus MacSwan, Kirsten Donovan, Alexandra Hudson, Sandra Maler Organizations: REUTERS, Rights, Federal Reserve, Investors, U.S, Fed, Bank of Japan, Zealand, Norges Bank, Bank of England, Thomson Locations: Norwegian, Washington, London, Singapore

[1/2] Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. That represented the highest annual growth rate since comparable records began in 2001. "BoE Sep rate hike bets have jumped ... providing support for the GBP," said Scotiabank chief FX strategist Shaun Osborne. The yuan briefly bounced back as major state-owned banks were seen selling dollars to support the local currency. Punctuating those worries, Chinese data on industrial output, retail sales and investment released shortly after the PBOC's rate cut showed unexpected slowdowns.

Persons: Yuan, Dado Ruvic, Sterling, BoE, Shaun Osborne, Scotiabank's Osborne, Osborne, Shinichiro Kadota, Shunichi Suzuki, Joice Alves, Samuel Indyk, Brigid Riley, Kevin Buckland, Susan Fenton Organizations: REUTERS, Bank of, Kremlin, Bank of England, Scotiabank, People's Bank of China, U.S, Traders, Barclays, Finance, Thomson Locations: Russian

☆ Amazon soars on 'game-changing' quarter, iPhone slump drags Apple
▼ + stars: | 2023-08-04 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. Online retail giant Amazon's shares closed at a near one-year high and added more than $109 billion to its market value. "The second quarter is a game-changing quarter for Amazon; we would call it an-all clear moment," said SVB MoffettNathanson analyst Michael Morton. The surge in Amazon's stock reflected analysts' increased estimates for its earnings. But its services business was a bright spot and helped Apple top profit expectations for the June quarter.

Persons: Benoit Tessier, SVB, Michael Morton, —, Dan Coatsworth, AJ Bell, Aditya Soni, Samrhitha, Joice Alves, Noel Randewich, Chavi Mehta, Amanda Cooper, Saumyadeb Organizations: REUTERS, Google, Microsoft, Wall Street, Amazon, Refinitiv, Apple, Thomson Locations: Bretigny, Paris, France, Apple's, Bengaluru, London

☆ Amazon surges on 'game-changing' quarter, iPhone slump drags Apple
▼ + stars: | 2023-08-04 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. Online retail giant Amazon was set to add about $120 billion to its market value, based on premarket movements. "The second quarter is a game-changing quarter for Amazon; we would call it an-all clear moment," said SVB MoffettNathanson analyst Michael Morton. But its services business was a bright spot and helped Apple top profit expectations for the June quarter. "It is time for Apple to launch something new and innovative, not just another variation of its core products."

Persons: Benoit Tessier, SVB, Michael Morton, —, Dan Coatsworth, AJ Bell, Aditya Soni, Samrhitha, Joice Alves, Amanda Cooper, Saumyadeb Organizations: REUTERS, Google, Apple, Microsoft, Wall Street, Amazon, Thomson Locations: Bretigny, Paris, France, Apple's, Bengaluru, London

☆ Amazon Frankfurt-listed shares surge, Apple slides after results
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. REUTERS/Benoit Tessier/File PhotoLONDON, Aug 4 (Reuters) - Amazon (AMZN.O) shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares (AAPL.O) fell after the company forecast a continued slide in sales. Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside. Apple shares fell 2.3% in Frankfurt after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter. (This story has been refiled to remove extraneous words in paragraph 3)Reporting by Joice Alves; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Joice Alves, Amanda Cooper Organizations: REUTERS, Amazon, Apple, Wall, Thomson Locations: Bretigny, Paris, France, Frankfurt

☆ Asian shares rise as investor focus turns to US payrolls
▼ + stars: | 2023-08-04 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.46% higher after dropping 2.3% on Thursday. Overnight, U.S. stocks closed little changed after a choppy trading session, as investors weighed rising Treasury yields with the latest batch of economic data and earnings. "U.S. stock markets may be entering a correction phase after a multi-month rally," said markets analyst Tina Teng at CMC Markets. The yield on 10-year Treasury notes was at 4.187% in Asian hours, just shy of the nine-month peak of 4.198% touched on Thursday. In currencies, the dollar index , which measures U.S. currency against six peers, fell 0.039% to 102.41, easing away from the near one-month peak of 102.84 reached on Thursday.

Persons: Issei Kato SINGAPORE, Anderson Alves, Fitch, Alves, HSI, Tina Teng, Teng, Brent, Ankur Banerjee Organizations: U.S ., REUTERS, Japan's Nikkei, Hong, CMC Markets, Amazon.com, Apple, U.S, Treasury, Treasury Department, Sterling, Bank of England, Thomson Locations: Tokyo, Japan, Asia, Pacific, ActivTrades, Shanghai, Hong Kong, U.S

☆ Brazil's Dani Alves indicted for sexual assault after months in Spanish jail
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

A police van drives past members of the media entering Barcelona court, as Brazil soccer player Dani Alves is to be formally indicted into court over an alleged sexual assault in a Barcelona night club, in Barcelona, Spain August 2, 2023. REUTERS/Horaci Garcia/File PhotoBARCELONA, Aug 2 (Reuters) - A Spanish judge on Wednesday formally indicted former Barcelona and Brazil defender Dani Alves, who has been jailed on remand for over six months for alleged sexual assault of a woman in a Barcelona nightclub in December. He was arrested on Jan. 20 and has been held in a prison outside Barcelona without bail. In Spain, a claim of rape is investigated under the general accusation of sexual assault and convictions can lead to prison sentences of between four and 15 years. Reporting by Horaci Garcia, writing by David Latona; Editing by Andrei KhalipOur Standards: The Thomson Reuters Trust Principles.

Persons: Dani Alves, Horaci Garcia, David Latona, Andrei Khalip Organizations: REUTERS, Thomson Locations: Barcelona, Brazil, Spain

While an ISM survey offered a tough assessment of U.S. manufacturing conditions, so-called hard data suggest the sector is shuffling along. Federal Reserve data in June showed factory production rebounded in the second quarter, ending two straight quarterly declines. Meanwhile, U.S. construction spending increased solidly last month and May's data was revised higher, boosted by outlays in both single and multifamily housing projects, the Commerce Department said. China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) missed analysts forecasts and showed the first decline in activity since April. Money markets now see a 60% probability that the Bank of England will hike rates by 25 basis points on Thursday.

Persons: Dado Ruvic, Steven Ricchiuto, Carlos Casanova, Kit Juckes, Sterling, Herbert Lash, Joice Alves, Ankur Banerjee, Alex Richardson, Hugh Lawson, Alexander Smith Organizations: REUTERS, Reuters, Federal, outlays, Commerce Department, Labor, Survey, Labor Department, Mizuho Securities USA, Reserve Bank of Australia, Bank of Japan, U.S, Natixis Investment, P Global, European Central Bank, ECB, Societe Generale, Bank of, Thomson Locations: Asia, Hong Kong, U.S, Bank of England, London, Singapore

☆ Aussie set for biggest one-day drop since March, yen at 3-week low
▼ + stars: | 2023-08-01 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

The Aussie fell 1.4% to $0.6626, wiping out the 0.87% gains it clocked in July and set for its sharpest daily drop since March. "I think it was right that the RBA held today, given trimmed mean inflation and unemployment matched the RBA's forecasts. China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) missed analysts forecasts and showed the first decline in activity since April. The euro eased 0.2% to $1.0975, not too far from an almost three-week low touched on Friday. Money markets now see a 60% probability that the Bank of England will hike rates by 25 basis points on Thursday.

Persons: David Gray, Matt Simpson, Carlos Casanova, Kit Juckes, Sterling, Joice Alves, Ankur Banerjee, Alex Richardson, Hugh Lawson Organizations: REUTERS, Australian, Reserve Bank of Australia, Bank of Japan's, City, Federal, P Global, European Central Bank, ECB, Societe Generale, Bank of, Thomson Locations: Sydney, Australia, China, Asia, Hong Kong, U.S, Bank of England, London, Singapore

☆ Marta: How Brazil’s all-time record goalscorer became the greatest of all time and an ‘icon’ in her country
▼ + stars: | 2023-08-01 | by ( Matias Grez | ) edition.cnn.com time to read: +11 min

10, it the greatest women's player of all time and has become an 'icon' Brazil. Marta has won the FIFA Women's World Player of the Year award an unprecedented six times. The only achievement missing from a glittering CV is a major title with her beloved national team. Australia and New Zealand 2023 is her sixth and final Women's World Cup. If it weren’t for Marta, women’s football in Brazil would probably still be a very incipient thing.

Persons: CNN —, ” Sissi, “, Sissi, Vasco da Gama, Marta Viera da Silva, ”, Marta, chuckles, Stuart Franklin, wasn’t, Marta ’, John Walton, ’, that’s, ” Marta, Feng Li, Brazil’s, Ronaldo, Ronaldinho, Rivaldo, Cafu, Roberto Carlos, Dida, Tina Ellerston, Ellerston, –, Juca Kfouri, Ronaldo O Fenômeno, Ronaldinho Gaúcho, ” Kfouri, Doug Pensinger, Pelé, Marta “ Pelé, Raphael Alves, she’s, Neymar, ‘ Marta ’, King, Marta –, Paul Currie, Kfouri, “ Marta Organizations: CNN, Brazil, Rio, Vasco, CNN Sport, FIFA, Nigeria, women’s, Champions League, Copa Libertadores, Germany, United, United States Women’s National, AFP, Getty, Brazil ” Locations: Rio de Janeiro, Brazil, United States, men’s, Germany, USA, nestling, Australia, New Zealand, Alagoas, Marta’s, Brazilian

☆ How to watch Australia, Canada and Nigeria battle for Wwomen's World Cup knockout phase spot
▼ + stars: | 2023-07-30 | by ( Ben Morse | ) edition.cnn.com time to read: +23 min

Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.

Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington

☆ Encarnacao shines as Portugal beat Vietnam 2-0 for first World Cup win
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +3 min

Portugal coach Francisco Neto made seven changes to the team that lost 1-0 to the Netherlands in their Group E opener and the decision paid off as first-half goals from Encarnacao and Francisca Nazareth earned them a first ever World Cup win. In stark contrast to their struggling display against the Netherlands, Portugal dazzled under the floodlights in Hamilton and Neto was delighted with the victory even though the scoreline did not reflect their dominance. "This is very important and it means a lot for all the players," said the Portugal coach, who has been in charge since 2014. "In the first half, I was not satisfied with the team," Vietnam coach Mai Duc Chung said. "They are 11 ranks higher than us and they come from Europe so, yes, they are much better than us ...

Persons: Jessica Silva, David Rowland HAMILTON, Telma Encarnacao, Francisco Neto, Francisca Nazareth, Neto, Encarnacao, Lucia Alves, Tran Thi Kim Thanh, Kim Thanh, Kim Thanh's, Nguyen Thi, Thuy, Patricia Morais, Mai Duc Chung, Hritika Sharma, Ken Ferris Organizations: Soccer Football, FIFA, REUTERS, Vietnam, Waikato, Encarnacao, Thomson Locations: New Zealand, Portugal, Vietnam, Waikato, Hamilton , New Zealand, David Rowland HAMILTON , New Zealand, Netherlands, U.S, Auckland, Dunedin, Hamilton, United States, Nazareth, Europe, Hyderabad

Traders also awaited policy decisions from the European Central Bank (ECB) and Bank of Japan (BoJ) this week. FOCUS ON CENTRAL BANKSElsewhere, the ECB sets policy on Thursday. Again, a quarter point hike is widely expected, but building evidence of an economic slowdown has called into question the chances of another by year-end. The Australian dollar slid 0.4% to $0.6766 after slower-than-expected inflation data suggested the Reserve Bank of Australia (RBA) would forgo a rate hike on Aug. 1. Money markets are split between a 25 basis point (bp) or a 50 bp rate hike.

Persons: Jerome, Powell, Joseph Capurso, Capurso, Sean Callow, Sterling, Kevin Buckland, Joice Alves, Mark Potter Organizations: Federal, Traders, European Central Bank, Bank of Japan, U.S, Money, Commonwealth Bank of Australia, FOCUS, ECB, Australian, Reserve Bank of Australia, Westpac, U.S ., Bank of, Thomson Locations: LONDON, U.S, Beijing, China, Bank of England, Tokio, London

☆ Dollar decline slows as investors wait on Fed
▼ + stars: | 2023-07-17 | by ( Karen Brettell | ) www.reuters.com time to read: +3 min

This week is likely to see the dollar consolidate as investors wait on the Federal Reserve’s meeting next week, when the U.S. central bank is expected to hike rates by an additional 25 basis points. The pace of last week’s dollar decline “seemed unusually large,” said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York, noting that the market should steady and see a firmer dollar this week. Fed funds futures traders are pricing in an additional 32 basis points of tightening with the benchmark rate expected to peak at 5.40% in November. The dollar index was last down 0.12% at 99.832, after falling to 99.574 on Friday, the lowest since April 2022. The dollar dipped 0.07% against the Japanese yen to 138.65, after dropping to 137.245 on Friday, the lowest since May 17.

Persons: ”, Marc Chandler, Francesco Pesole, Bundesbank, Joice Alves, David Holmes, Andrea Ricci Organizations: YORK, Federal, Bannockburn Global, Treasury, ING, International Monetary Fund, European Central Bank, Thomson Locations: U.S, Bannockburn, New York, Germany, London

Versus the yen the dollar fell 0.28% to 138.36 yen per dollar, after touching its lowest against the Japanese currency in two months on Friday. ,"The FX market is front running possible normalisation of Fed policy in 2024," said Chris Weston, head of research at broker Pepperstone in Melbourne. "The question then is whether the dollar sell-off has gone too far and we are at risk of mean reversion early this week." The Swedish and Norwegian crowns continued to climb after making gains of more than 5% on the dollar last week. The Swedish crown rose 0.2% to 10.2360 against the dollar, the Norwegian crown rose instead 0.4% to 10.0160.

Persons: Francesco Pesole, Chris Weston, Carol Kong, Sharp, Joice Alves, Tom Westbrook, Angus MacSwan, Andrew Heavens Organizations: ING, Federal Reserve, Fed, European Central Bank, Pepperstone, U.S, New Zealand, Commonwealth Bank of Australia, dovish Bank of, Thomson Locations: SYDNEY, U.S, Germany, Europe, Melbourne, dovish Bank of Japan, Norwegian, London, Sydney

☆ 27,000-year-old pendants crafted from the skin of extinct giant sloths could help rewrite the human history of the Americas
▼ + stars: | 2023-07-15 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Researchers found what appeared to be pendants made from the now-extinct giant sloth. It suggests humans lived in South America thousands of years earlier than previously thought. "It's very likely that multiple waves of people came to Americas," she said, according to The AP. Giant ground sloths could reach 13 feet long, weighed more than a thousand pounds and were equivalent in size to an Indian elephant. It walked on all fours and was one of the largest creatures in South America, per the report.

Persons: Mirian Liza Alves Forancelli Pacheco, Jeffrey Greenberg, Briana, paleoanthropologist Organizations: Service, Royal Society B, Royal, North America, Federal University of Sao, Associated Press, Universal, AP, Smithsonian Institution's National, of Locations: South America, Wall, Silicon, Siberia, Alaska, South, North, Federal University of Sao Carlos, Brazil, Florida, Americas, Washington

☆ Opinion: Sending cluster bombs to Ukraine is a very bad idea
▼ + stars: | 2023-07-11 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +10 min

Michael Bociurkiw CNNOn Friday, after months of debate, US President Joe Biden announced that, as part of a new $800 million military aid package, the administration will be sending controversial cluster munitions to Ukraine. “No to cluster bombs and yes to the legitimate defense of Ukraine, which we understand should not be carried out with cluster bombs,” said Spain’s Defense Minister Margarita Robles. Discord among US allies over cluster munitions might have been avoided altogether, had western capitals moved more swiftly to provide Ukraine with lethal weaponry. To keep the Ukrainians from running out and being defeated, we must send them cluster munitions. Cluster munitions could bring Kyiv a temporary battlefield advantage.

Persons: Michael Bociurkiw, Joe Biden, “, ”, Margarita Robles, Biden, Volodymyr Zelensky, Emannuel Macron, Andre Luis Alves, ” Biden, William Taylor, Jake Sullivan, Vladimir Putin —, Erin Burnett, Zelensky Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Ukraine CNN —, Michael Bociurkiw CNN, Spain’s, NATO, Tactical Missile Systems, British Storm Shadow, Defense Department, Cluster Munitions, Human Rights Watch, United States Fund, UNICEF, “, Sunday, Anadolu Agency, Getty, Twitter Locations: Odesa, Europe, Kyiv, Ukraine, Canada, Spain, New Zealand, Germany, Margarita Robles . New Zealand, Lithuania, Vilnius, Russia, France, United States, Asia, Geneva, AVDIIVKA, UKRAINE, Avdiivka, Vladimir Putin — Ukraine, Odessa

☆ The 21 new cardinals named by Pope Francis on Sunday
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +2 min

VATICAN CITY, July 9 (Reuters) - Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals:Cardinal Electors under 801 - Archbishop Robert Prevost, American, Vatican official, head of the Dicastery for Bishops2 - Archbishop Claudio Gugerotti, Italian, Vatican official, head of the Dicastery for the Eastern Churches3 - Archbishop Víctor Fernández, Argentine, Vatican official, head of the Dicastery for the Doctrine of the Faith4 - Archbishop Emil Tscherrig, Swiss, Vatican ambassador to Italy5 - Archbishop Christophe Pierre, French, Vatican ambassador to the United States6 - Archbishop Pierbattista Pizzaballa, Italian, Latin Patriarch of Jerusalem7 - Archbishop Stephen Brislin, South African, Archbishop of Cape Town8 - Archbishop Ángel Rossi, Argentine, Archbishop of Córdoba9 - Archbishop Luis Aparicio, Colombian, Archbishop of Bogotá10 - Archbishop Grzegorz Ryś, Polish, Archbishop of Lodz11 - Archbishop Stephen Mulla, Sudanese, Archbishop of Juba, South Sudan12 - Archbishop José Cano, Spanish, Archbishop of Madrid13 - Archbishop Protase Rugambwa, Tanzanian, Archbishop of Tabora14 - Bishop Sebastian Francis, Malaysian, Bishop of Penang15 - Bishop Stephen Chow Sau-Yan, Bishop of Hong Kong16 - Archbishop François-Xavier Bustillo, Spanish-French, Bishop of Ajaccio, Corsica. 17 - Bishop Américo Alves Aguiar, Portuguese, Auxiliary Bishop of Lisbon18 - Father Ángel Fernández Artime, Spanish, head of the Salesian orderOver 80 and not eligible to enter a conclave19 - Archbishop Agostino Marchetto, Italian, former Vatican diplomat20 - Archbishop Diego Padrón Sánchez, Venezuelan, Archbishop Emeritus of Cumaná. 21- Father Luis Dri, Argentine priestReporting by Philip Pulella and Federico Maccioni; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Pope Francis, Cardinal, Robert Prevost, Claudio Gugerotti, Víctor Fernández, Emil Tscherrig, Christophe Pierre, Pierbattista Pizzaballa, Stephen Brislin, Ángel Rossi, Luis Aparicio, Grzegorz Ryś, Stephen Mulla, of, José Cano, Protase Rugambwa, Bishop Sebastian Francis, Bishop Stephen Chow Sau, Bishop, François, Xavier Bustillo, Bishop of, Bishop Américo Alves Aguiar, Ángel Fernández, Agostino Marchetto, Diego Padrón Sánchez, Luis Dri, Philip Pulella, Federico Maccioni, Alexander Smith Organizations: CITY, Cardinal Electors, Vatican, Bishops, Cape, Argentine, Salesian, Cumaná, Thomson Locations: Argentine, Italy, Vatican, United States, Jerusalem, South, Córdoba, Bogotá, Lodz, of Juba, South Sudan, Madrid, Tabora, Bishop, Penang, Hong Kong, Spanish, Bishop of Ajaccio, Corsica, Portuguese, Lisbon

☆ What are the cluster munitions the US is expected to supply Ukraine?
▼ + stars: | 2023-07-07 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —The United States is expected to announce a new military aid package for Ukraine on Friday that will include cluster munitions for the first time, defense officials have told CNN. Cluster munitions, also called cluster bombs, are canisters that carry tens to hundreds of smaller bomblets, also known as submunitions. The US has a stockpile of cluster munitions known as DPICMs, or dual-purpose improved conventional munitions, that it no longer uses after phasing them out in 2016. Yes, both the Ukrainians and the Russians have used cluster bombs since Moscow’s forces invaded in February 2022. “Any use of cluster munitions, anywhere, by anyone, must be condemned,” Carbonnier said.

Persons: Joe Biden’s, Andre Luis Alves, maim, ” Gilles Carbonnier, ” Carbonnier Organizations: CNN, Anadolu Agency, International Committee, Coalition, Rights Watch, Cluster Munitions, Human Rights Watch, US Central Command Locations: United States, Ukraine, Avdiivka, Washington, Kyiv, Laos, Vietnam, Russia, Switzerland, Iraq

The Institute for Supply Management (ISM) said its manufacturing PMI dropped to 46.0 from 46.9 in May, the lowest reading since May 2020. "The ISM saw the dollar pare its earlier gains," he said. The yield on interest rate-sensitive two-year Treasuries fell on the news, before later heading higher, as did the dollar. The yen fell to near eight-month lows against the dollar as intervention came into sight after Finance Minister Shunichi Suzuki warned on Friday against investors selling the yen too far as it weakened past the threshold of 145 to the dollar. The Japanese yen weakened 0.17% versus the greenback to 144.59 per dollar.

Persons: Marc Chandler, pare, Treasuries, Shunichi Suzuki, Joice Alves, Ankur Banerjee, David Evans, Conor Humprhies, Christina Fincher Organizations: Institute for Supply Management, PMI, Bannockburn Global, Japan, Bank of Japan, European Central Bank, Thomson Locations: Bannockburn, New York, China, London, Singapore

☆ Yen weakens on intervention threat; slowdown fears weigh on euro
▼ + stars: | 2023-07-03 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

LONDON, July 3 (Reuters) - The yen fell on Monday to near eight-month lows against the dollar as investors said intervention was in sight, while the euro weakened after a slowdown in factory activity in China and the euro zone renewed economic growth fears. The dollar edged up ahead of the July 4 holiday after U.S. economic data last week showed slightly easing inflation and consumer spending. The yen weakened 0.37% to 144.86, after it touched its lowest level against the greenback since November on Friday. Euro zone manufacturing activity contracted faster than initially thought in June as persistent policy tightening by the European Central Bank squeezed finances, a survey showed on Monday, painting an increasingly gloomy outlook for industry. "Investors have commented that the euro zone cyclical story is losing momentum, and this is why the euro should be lower," HSBC's Mackel said adding that the euro is, however, holding up relatively well.

Persons: Shunichi Suzuki, Paul Mackel, HSBC's Mackel, Joice Alves, Ankur Banerjee, David Evans, Conor Humprhies Organizations: Finance, FX Research, HSBC, Japan, Bank of Japan, European Central Bank, U.S, U.S . Federal, Citi, Labor, Survey, Thomson Locations: China, Japan, U.S ., U.S, United States, London, Singapore

☆ Ocado drops after media report of Amazon denying possible bid
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: 1 min

LONDON, June 28 (Reuters) - Ocado (OCDO.L) shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon (AMZN.O) had denied speculation it would make a bid for the British retail company. Shares in Ocado were down 6.5% at 1430 GMT, while Amazon shares were up 1.4%. On June 22, Ocado shares soared more than 40% after a report in the Times newspaper of possible bid interest in the online supermarket and technology group, including from Amazon. An Amazon spokesperson repeated the company's position on Wednesday that it had no comment on the Times report. Reporting by Lucy Raitano, James Davey and Joice Alves; Editing by Amanda Cooper and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Ocado, Lucy Raitano, James Davey, Joice Alves, Amanda Cooper, Jan Harvey Organizations: Times, Amazon, Reuters, Thomson

☆ Asian stocks teeter as Russia, rates and China risks weigh
▼ + stars: | 2023-06-27 | by ( Kane Wu | ) www.reuters.com time to read: +3 min

MSCI's gauge of Asia Pacific stocks outside Japan (.MIAPJ0000PUS) was up 0.08% at 0126 GMT, after dropping 0.06% an hour earlier. "Asian equities are set for a downturn on Tuesday, prompted by Wall Street's risk-aversion behavior," said Anderson Alves, a global macro analyst at ActivTrades. All three major U.S. stock indexes ended in the red on Monday, with megacap momentum stocks pulling the tech-heavy Nasdaq down the most. The Dow Jones Industrial Average (.DJI) fell 0.04%, the S&P 500 (.SPX) lost 0.45% and the Nasdaq Composite dropped 1.16%. Hang Seng Index (.HSI) and China's benchmark CSI300 Index (.CSI300) opened up 0.3% and 0.1%, respectively, shaking off losses from the past four sessions.

Persons: Wall, Anderson Alves, Alves, Goldman Sachs, Redmond Wong, Wong, Vladimir Putin's, Brent, Kane Wu, Sam Holmes Organizations: Nikkei, ActivTrades, Dow Jones, Nasdaq, U.S, Global, China, Saxo Markets, Treasury, Thomson Locations: HONG KONG, Russia, Asia Pacific, Japan, Europe, U.S, ActivTrades, Asia

☆ Sterling volatile, Norwegian crown surges and Swiss franc falls on rate hikes
▼ + stars: | 2023-06-22 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

The BoE's Monetary Policy Committee (MPC) voted 7-2 to raise its main interest rate to 5% from 4.5%, its highest since 2008 and its largest rate increase since February. SWISS FRANCThe Swiss franc fell after the Swiss National Bank (SNB) hiked its benchmark interest rate by 25 basis points to 1.75%, defying some market expectations of a bigger increase. However, economists polled by Reuters had expected the SNB to hike rates by 25 bps. The Swiss franc fell 0.15% to 0.8942 against the dollar, moving away from a six-week high it touched last week. In an attempt to curb inflation, Norges Bank raised interest rates to 3.75%, sending the crown more than 1% higher both against the euro and dollar.

Persons: Dado Ruvic, BoE, Sterling, BOE, Paul Oberschneider, Alex Livingstone, Thomas Jordan, Thomas Gitzel, POWELL, Jerome Powell, Joice Alves, Alexander Smith, Conor Humphries Organizations: U.S, REUTERS, Norges Bank, Swiss, Bank of England, Swiss National Bank, MPC, Reuters, Hilltop Credit Partners, Trading, Titan Asset Management, SWISS, ECB, European Central Bank, Fed, Federal, Bank Group, bps, Bank, Capitol, The U.S, Thomson Locations: Norwegian, London, Liechtenstein, NORWEGIAN, The, Asia, Hong Kong, China

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