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“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters. Their combined wealth rose 9% to $12 trillion, before taking inflation into account. Arnault is the world’s third-richest man, with a net worth of $167 billion, according to the Bloomberg Billionaires Index. Risks and opportunity for UBSThe “staggering” transfer of wealth to younger generations presents a huge opportunity for UBS, but also poses considerable risks, according to Cavalli. Heirs lean more toward impact investing — that is, socially or environmentally beneficial investing — over “classic grant-giving philanthropy,” Cavalli said.
Persons: , ” Benjamin Cavalli, LVMH's Bernard Arnault, Helene, Frederic, Delphine, Antoine, Alexandre, Bernard Arnault, Arnault, Tesla’s Elon Musk, Jeff Bezos —, , India’s Gautam Adani, Mukesh Ambani, Cavalli, , Morgan Stanley —, Stefan Wermuth, ” Cavalli, Charlie Munger, Henry E Organizations: London CNN, UBS, Bloomberg, Adani Group, Reliance Industries, Suisse, Getty, , Berkshire Hathaway, Huntington Library, Art Locations: Paris, Europe, France
The oil producers group known as OPEC Plus met on Thursday and failed to announce new production cuts in the face of sagging prices, but Saudi Arabia later said that it would continue to trim output by one million barrels a day through March, in coordination with some other countries that were not named. Oil traders, who may have expected more substantial cuts, had a chilly response to the news. Futures fell for the day, with Brent crude down 0.4 percent, to $82.80 a barrel, and West Texas Intermediate falling more than 3 percent, to $75.25. News reports of production cuts preceded the meeting. OPEC Plus said that Brazil, an oil giant that until now has not been part of the producers group, was expected to join next year.
Persons: Brent, , Richard Bronze, Alexandre Silveira de Oliveira Organizations: West Texas, Plus Locations: Saudi Arabia, Brazil
Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world, according to Brazilian Energy Minister Alexandre Silveira. The announcement was made during a postponed OPEC+ meeting to discuss oil output strategy over 2024, amid languishing prices weighed by fragile demand recovery in China, geopolitical risks and uncertainty over supplies from U.S.-sanctioned OPEC members Iran and Venezuela. In footage shared from the meeting, Silveira said that President Lula da Silva had approved his country's membership, starting next year. "I would like to conclude my words by informing you that the honorable President Lula confirmed our entry into the OPEC+ cooperation charter from January 2024," he said. "Brazil received an invitation to join OPEC+.
Persons: Luiz Inacio Lula da Silva, Alexandre Silveira, Silveira, Lula da Silva, Lula Organizations: Brazilian Energy, OPEC, Mines and Energy, United Arab Locations: Brazil, OPEC, China, U.S, Iran, Venezuela, Saudi Arabia, Russia, United Arab Emirates, Brasilia, Correction
[1/5] Entrepreneur Gabriel Perez, 38, poses for a photo as he checks slices of banana put to dry in his farmland in the rural outskirts of Havana, Cuba, November 22, 2023. REUTERS/Alexandre Meneghini Acquire Licensing RightsHAVANA, Nov 28 (Reuters) - On a small farm outside Havana, a Cuban family-run business produces gluten-free flour from banana, coconut and yucca, preferring locally-sourced ingredients to pricey imports as Cubans seek innovative solutions to a growing food crisis. His business, Bacoretto, dries and mills yucca, rice, banana and coconut into organic flour preferred by gluten-intolerant consumers, who have only recently been able to find food products tailored to their dietary needs in Cuba. Byproducts of their processes are used to make coconut oil, coconut-fiber rope, vinegar and fermented products and sweets, Perez told Reuters. It produces 6 to 8 kilograms (13.2 to 17.6 pounds) of flour a week, Perez said, in small batches, in addition to byproducts, with a staff of eight people.
Persons: Gabriel Perez, Alexandre Meneghini, Perez, Fidel Castro's, Alien Fernandez, Nelson Acosta, Bill Berkrot Organizations: REUTERS, Rights, Reuters, Thomson Locations: Havana, Cuba, Rights HAVANA, Caribbean
NHL roundup: Lightning's Andrei Vasilevskiy wins season debut
  + stars: | 2023-11-25 | by ( ) www.reuters.com   time to read: +12 min
Jake DeBrusk and Danton Heinen scored for Boston, which had gained points in seven straight games since a 5-4 loss in Detroit on Nov. 4. Kiefer Sherwood had a goal and two assists for the Predators, who won their fourth straight game. Ryan Nugent-Hopkins scored one goal and added two assists, while Evander Kane and Evan Bouchard also scored for the Oilers. Johnathan Kovacevic also scored and Cayden Primeau made 31 saves for Montreal, which won its second straight road game. Kirill Kaprizov had a goal and an assist and Joel Eriksson Ek also scored for Minnesota, which lost its sixth straight game.
Persons: Andrei Vasilevskiy, James Guillory, Nikita Kucherov, Steven Stamkos, Brandon Hagel, Luke Glendening, Hagel, Stefan Noesen, Michael Bunting, Antti Raanta, Vasilevskiy hadn't, Conn Smythe, Kevin Korchinski, Connor Bedard's, Ilya Samsonov, Korchinski, Jason Dickinson, Arvid Soderblom, Nicholas Robertson, Calle Jarnkrok, Ryan Reaves, Max Domi, Alex DeBrincat, Compher, Robby Fabbri, Dylan Larkin, David Perron, Shayne Gostisbehere, Ville Husso, Jake DeBrusk, Danton Heinen, David Pastrnak, Jeremy Swayman, Mika Zibanejad, Chris Kreider, Zibanejad, Kreider, Igor Shesterkin, Sean Couturier, Luke Evangelista, Filip Forsberg, Louis, Kiefer Sherwood, Ryan O'Reilly, Yakov Trenin, Spencer Stastney, Alexandre Carrier, Kevin Lankinen, Pavel Buchnevich, Robert Thomas, Jake Neighbours, Kevin Fiala, Cam Talbot, Anze Kopitar, Arthur Kaliyev, Quinton Byfield, Adrian Kempe, Trevor Moore, Drew Doughty, Kopitar, Marcel Dionne, Radko Gudas, Alex Killorn, John Gibson, Elvis Merzlikins, Merzlikins, Jack Hughes, Jesper Bratt, Eric Robinson, Boone Jenner, Alexander Holtz, Akira Schmid, Leon Draisaitl, Connor McDavid, Stuart Skinner, Ryan Nugent, Hopkins, Evander Kane, Evan Bouchard, Zach Hyman, Charlie Lindgren, Cole Caufield, Jesse Ylonen, Johnathan Kovacevic, Cayden Primeau, William Eklund, Tomas Hertl, Mike Hoffman, Mackenzie Blackwood, Eklund, Nick Suzuki, Hoffman, Ylonen, Blackwood, Connor Hellebuyck, Nino Niederreiter, Nikolaj Ehlers, Adam Lowry, Hellebuyck, Sergei Bobrovsky, Aleksander Barkov, Blake Coleman, Elias Lindholm, Yegor Sharagovich, A.J, Greer, Adam Ruzicka, Calgary's Mikael Backlund, Nazem Kadri, Andrew Mangiapane, Jacob Markstrom, Wyatt Johnston, Jason Robertson, Joe Pavelski, Jamie Benn, Evgenii, Jake Oettinger, Kurtis MacDermid's, Ross Colton, Valeri Nichushkin, Alexandar Georgiev, Kirill Kaprizov, Joel Eriksson Ek, Filip Gustavsson, Alex Tuch, Jeff Skinner, Tuch, Kyle Okposo, Victor Olofsson, Ukko, Pekka Luukkonen, Sidney Crosby, Lars Eller, Alex Nedeljkovic, Mathew Barzal, Anders Lee, Kyle Palmieri, Oliver Wahlstrom, Simon Holmstrom, Alexander Romanov, Brock Nelson, Semyon Varlamov, Drake Batherson, Tim Stutzle, Mathieu Joseph, Anton Forsberg, Sam Lafferty, Thatcher Demko, Teddy Blueger, Dakota Joshua, Nils Hoglander, Ilya Mikheyev, Nils Aman, Conor Garland, Tye Kartye, Joey Daccord Organizations: Tampa Bay, Carolina Hurricanes, PNC Arena, Tampa Bay Lightning, Tampa, Hurricanes, NHL, Blackhawks, Maple Leafs, Chicago, Toronto, Red Wings, Bruins, Detroit, Boston, Rangers, Flyers, Philadelphia, Metropolitan Division, Blues, Nashville, St, Predators, Ducks, Los, Anaheim, The Buffalo Sabres, Kings, Blue Jackets, Devils, Oilers, Capitals, Edmonton, Washington, Canadiens, Montreal, San, Jets, Panthers, Winnipeg, The Jets, Vezina, Florida, Flames, Calgary, Dallas, Stars, Avalanche, Colorado, Minnesota, Penguins, Buffalo, Pittsburgh, Sabres, Islanders, Senators, Ottawa, Canucks, Vancouver, Seattle, Thomson Locations: Raleigh , North Carolina, USA, Raleigh, N.C, Tampa Bay, Toronto, Detroit, New York, Los Angeles, Columbus, Newark , N.J, Jose, San Jose, Winnipeg, Sunrise, Fla, Florida, Saint Paul, Dakota
European Union's Special Representative for Human Rights, Eamon Gilmore, speaks during a meeting with Cuban authorities in Havana, Cuba, November 24, 2023. EU foreign policy chief Josep Borrell, on a visit to Cuba earlier this year, announced Gilmore`s visit but told reporters the EU would not "impose" demands on the island`s government. Rights groups say around 1,000 Cubans were jailed for their political beliefs following the demonstrations and several subsequent protests. "No one is convicted for their political opinions," Cuba`s foreign ministry said prior to Gilmore`s visit on social media. "We call on the Cuban government to respect the human rights of everyone, including the rights of political prisoners and those unjustly detained."
Persons: Eamon Gilmore, Alexandre Meneghini, Gilmore, Josep Borrell, Fidel Castro's, Luis Barrios Díaz, la Torre, Barrios Diaz `, Dave Sherwood, Alien Fernandez Organizations: Human Rights, Cuban, REUTERS, Rights, EU, European Union, U.S, U.S ., Thomson Locations: Havana, Cuba, Rights HAVANA, United States, EU, Cuban
80% of banks stable in 2024 despite macroeconomic headwinds
  + stars: | 2023-11-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email80% of banks stable in 2024 despite macroeconomic headwindsAlexandre Birry, chief analytical officer, financial institutions, at S&P Global Ratings, discusses the organization's 2024 outlook for global banks.
Persons: Alexandre Birry
The latest proposal from EU cybersecurity agency ENISA concerns an EU certification scheme (EUCS) which vouches for the cybersecurity of cloud services and determines how governments and companies in the bloc select a vendor for their business. The document retains key provisions contained in earlier drafts such as a requirement that U.S. tech giants set up a joint venture with an EU-based company to qualify for the EU cybersecurity label. Another provision states that cloud service must be operated and maintained from the EU, while all cloud service customer data must be stored and processed in the EU, with EU laws taking precedence over non-EU laws regarding the cloud service provider. The latest draft sets out the possibility for these tough requirements to be extended to the third highest security level. EU countries are now reviewing the latest draft after which the European Commission will adopt a final scheme.
Persons: OpenAI's, CCIA, ENISA, Alexandre Roure, Foo Yun Chee, Jonathan Oatis Organizations: European, Google, Microsoft, Big Tech, EU, Tech, European Banking Federation, European Savings Banks Group, Association for Financial Markets, Federation, Insurance, Thomson Locations: BRUSSELS, European Union, EU, Europe
[1/5] People shout slogans during a march in support of Palestinians, calling for a ceasefire and for charging Israel with committing “genocide” in Gaza, in Havana, Cuba, November 23, 2023. REUTERS/Alexandre Meneghini Acquire Licensing RightsHAVANA, Nov 23 (Reuters) - Tens of thousands of Cubans on Thursday marched in front of the U.S. embassy in Havana charging Israel was committing “genocide” against Palestinians in Gaza. Communist-run Cuba has been a strong backer of the Palestinian cause for decades and has trained more than 200 Palestinian doctors. "We are here and it is no coincidence that we have marched in front of the United States embassy," Anet Rodríguez, a university professor, said. Since then, some 14,800 Gazans have been killed by Israeli bombardment, around 40% of them children, according to Palestinian health authorities.
Persons: Alexandre Meneghini, Israel, Miguel Diaz, Fidel Castro, Marc Frank, Anet Rios, Diane Craft Organizations: REUTERS, Rights, U.S, United, State, Thomson Locations: Gaza, Havana, Cuba, Rights HAVANA, Cuban, Palestine, Israel, Communist, United States
President Luiz Inacio Lula da Silva has shown dissatisfaction with certain actions taken by CEO Jean Paul Prates. Lula asked the CEO to tweak Petrobras' investment plan to prioritize local job creation, Reuters reported last week. "There should be changes" in the presidency of Petrobras, one of the sources said. Last week, Mines and Energy Minister Alexandre Silveira said it was past time for Petrobras to reduce diesel and gasoline prices at its refineries. Reporting by Sabrina Valle and Lisandra Paraguassu; Writing by Peter Frontini; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Luiz Inacio Lula da Silva, Jean Paul Prates, Lula, Prates, Alexandre Silveira, Sabrina Valle, Lisandra, Peter Frontini, David Gregorio Our Organizations: Petroleo Brasileiro SA Petrobras, HOUSTON, Petrobras, PETR4, Reuters, Mines, Energy, Thomson Locations: BRASILIA
NHL roundup: Pens' Alex Nedeljkovic returns, blanks Knights
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +3 min
[1/3] Nov 19, 2023; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins goaltender Alex Nedeljkovic (39) makes a save against Vegas Golden Knights left wing William Carrier (28) during the second period at PPG Paints Arena. Pittsburgh won 3-0. He started Friday for AHL affiliate Wilkes-Barre/Scranton on a conditioning assignment and not only won that game, but also scored a goal. Bobby Brink and Travis Konecny each scored one goal for the Flyers, who won their fifth game in a row. Alexandre Texier and Boone Jenner scored one goal apiece for the Blue Jackets, and goaltender Spencer Martin stopped 21 shots.
Persons: Alex Nedeljkovic, William Carrier, Charles LeClaire, Ryan Graves, Noel Acciari, Evgeni Malkin, Nedeljkovic, Tristan Jarry, Adin Hill, Ryan Poehling, Joel Farabee, Cam York, Bobby Brink, Travis Konecny, Sean Walker, Samuel Ersson, Alexandre Texier, Boone Jenner, Spencer Martin, William Nylander, Nylander, Wild netminder Marc, Andre Fleury, Morgan Rielly, Auston Matthews, squandering, Rasmus Dahlin, Jeff Skinner, Erik Johnson, Pekka Luukkonen, Philipp Kurashev, Taylor Raddysh, Petr Mrazek, Joel Hofer, Louis, Jake Neighbours, Pavel Buchnevich, Alexey Toropchenko, Mason McTavish, John Gibson Organizations: Pittsburgh Penguins, Vegas Golden Knights, PPG Paints, Pittsburgh, Vegas, Penguins, NHL, AHL, Wilkes, Knights, Flyers, Blue Jackets, Philadelphia, Maple Leafs, Minnesota, Stockholm, Sabres, Blackhawks, Buffalo, Chicago, Ducks, Anaheim, Blues, San Jose Sharks, Los Angeles Kings, Thomson Locations: Pittsburgh , Pennsylvania, USA, Barre, Scranton, Columbus, Toronto, Stockholm, Sweden
Massive downtown Mexico City fire blackens skyline
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +1 min
[1/3] Smoke from a fire rises out of a shoe warehouse near the zocalo in Mexico City, Mexico November 16, 2023. Flames were visible from several kilometers away hours after the pillar of smoke began rising. Local media reported that the fire started in a warehouse near the city's historic center, in the Tepito district. Mexico City civil protection authorities said on social media platform X that there were no immediate reports of casualties, and that hundreds of people had been evacuated. Reporting by Mexico City Newsroom, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
Persons: Alexandre Meneghini, Deepa Babington Organizations: REUTERS, MEXICO CITY, Mexico City, Local, Thomson Locations: Mexico City, Mexico, MEXICO, Tepito
[1/54] Nov 14, 2023; Columbus, Ohio, USA; Columbus Blue Jackets center Boone Jenner (38) tips the puck wide pf Pittsburgh Penguins goalie Tristan Jarry (35) during the first period at Nationwide Arena. Mandatory Credit: Russell LaBounty-USA TODAY Sports Acquire Licensing RightsNovember 15 - Sidney Crosby had a hat trick plus an assist Tuesday to lift the visiting Pittsburgh Penguins to their fifth straight win, 5-3 over the Columbus Blue Jackets. Kirill Marchenko, Yegor Chinakhov and Alexandre Texier scored for the Blue Jackets, who lost their sixth straight (0-4-2). Pittsburgh got the only goal of the second when Guentzel tied it at 7:04. Guentzel, as he was losing his footing in the low slot, poked the puck past Merzlikins' stick to make it 2-2.
Persons: Boone Jenner, Tristan Jarry, Russell LaBounty, Sidney Crosby, Erik Karlsson, Jake Guentzel, Kirill Marchenko, Yegor Chinakhov, Alexandre Texier, Elvis Merzlikins, Crosby, Marcus Pettersson, Marchenko, Ryan Shea, Chinakhov, Guentzel, Vinnie Hinostroza, Evgeni Malkin, Karlsson, Texier Organizations: Columbus Blue Jackets, Pittsburgh Penguins, Nationwide Arena, Penguins, Pittsburgh, Blue Jackets, Columbus, Thomson Locations: Columbus , Ohio, USA, Pittsburgh, Crosby
NHL roundup: Sidney Crosby (hat trick) lifts Pens past Jackets
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: +5 min
[1/4] Nov 14, 2023; Columbus, Ohio, USA; Pittsburgh Penguins center Sidney Crosby (87) celebrates his hat trick goal during the third period against the Columbus Blue Jackets at Nationwide Arena. Kirill Marchenko, Yegor Chinakhov and Alexandre Texier scored for the Blue Jackets, who lost their sixth straight (0-4-2). Jordan Kyrou scored twice for the Blues, who won their third straight game and their fifth in six games. Jonas Johansson made 24 saves for the Lightning, who lost their third straight game. Sam Reinhart, Carter Verhaeghe, and Aleksander Barkov each had a goal and an assist, while Ryan Lomberg scored Florida's other goal.
Persons: Sidney Crosby, Russell LaBounty, Erik Karlsson, Jake Guentzel, Tristan Jarry, Kirill Marchenko, Yegor Chinakhov, Alexandre Texier, David Pastrnak, Danton Heinen, Brandon Carlo, Oskar Steen, Hampus Lindholm, Victor Olofsson, Matt Duchene, Duchene, Tyler, Jake Oettinger, Jordan Binnington, Louis, Jordan Kyrou, Colton Parayko, Jakub Vrana, Kasperi Kapanen, Torey Krug, Pavel Buchnevich, Jonas Johansson, Connor Zary, Nazem Kadri, Jacob Markstrom, Gustav Lindstrom, Sam Montembeault, Charlie Lindgren, Dylan Strome, Connor McMichael, Beck Malenstyn, Logan Thompson, Kyle Connor, Nikolaj Ehlers, Cole Perfetti, Morgan Barron, Connor Hellebuyck, Timo Meier, John Marino, Dawson Mercer, Jack Hughes, Adam Henrique, Radko Gudas, Cam Fowler, John Gibson, Filip Forsberg, Roman Josi, Ryan O'Reilly, Henrique, Kevin Stenlund's, Sam Reinhart, Carter Verhaeghe, Aleksander Barkov, Ryan Lomberg, Luke Kunin, Tomas Hertl, Mike Hoffman, Mikael Granlund Organizations: Pittsburgh Penguins, Columbus Blue Jackets, Nationwide Arena, Penguins, Pittsburgh, Blue Jackets, Bruins, Sabres, Boston, Buffalo, Coyotes, Dallas, Stars, Tampa, Blues, St, Lightning, Flames, Canadiens, Calgary, Montreal, Capitals, Golden Knights, Washington, Vegas, Jets, Devils, Winnipeg, Louis Blues, Ducks, Anaheim, Nashville, Predators, Panthers, Sharks, San, Thomson Locations: Columbus , Ohio, USA, Arizona, Tampa Bay, skidding New Jersey, Florida, San Jose
NHL roundup: Blues blitz Avs behind 2 hat tricks
  + stars: | 2023-11-12 | by ( ) www.reuters.com   time to read: +7 min
Schenn, who also had an assist, now has four career hat tricks, while Buchnevich, who had two short-handed goals, has three career hat tricks. Torey Krug had a goal and an assist, Alexey Toropchenko also scored and Robert Thomas added four assists for the Blues. Guhle also added an assist as the Habs scored two goals in a rapid-fire span in the third period. Brad Marchand logged a goal and an assist to lead the Bruins, who had a two-game winning streak snapped. Cole Perfetti and Brenden Dillon scored goals for the Jets, who saw their three-game winning streak come to an end.
Persons: Louis, Robert Thomas, Ron Chenoy, Schenn, Pavel Buchnevich, Buchnevich, Torey Krug, Alexey Toropchenko, Jordan Binnington, Mikko Rantanen, Jack Johnson, Alexandar Georgiev, Ivan Prosvetov, Kaiden Guhle's, Nick Suzuki, Brendan Gallagher, Guhle, Sam Montembeault, Brad Marchand, Charlie McAvoy, Jeremy Swayman, Zach Hyman, Dylan Holloway, Stuart Skinner, Jaden Schwartz, Philipp Grubauer, Joey Daccord, Daniel Sprong, Lucas Raymond, Alex DeBrincat, Robby Fabbri, Jake Walman, Ville Husso, Columbus, Patrik Laine, Alexandre Texier, Adam Fantilli, Sean Kuraly, Spencer Martin, Wyatt Johnston, Thomas Harley, Matt Duchene, Scott Wedgewood, Cole Perfetti, Brenden Dillon, Connor Hellebuyck, Drake Batherson, Mathieu Joseph, Rourke Chartier, Travis Hamonic, Tim Stutzle, Joonas Korpisalo, Blake Coleman, Calgary's, Dustin Wolf, Jacob Markstrom, Pyotr Kochetkov, Sebastian Aho, Brent Burns, Kochetkov, Jonas Johansson, Noah Gregor, Matthew Knies, William Nylander, Nicholas Robertson, David Kampf, Tyler Bertuzzi, Max Domi, Bobby McMann, J.T . Miller, Pius Suter, Nic Dowd, Aliaksei, Alex Ovechkin, Wayne Gretzky, Ovechkin, Gretzky, Dowd, hadn't, Protas, Alexander Romanov, Erik Karlsson, Tristan Jarry, Ukko, Pekka Luukkonen, Michael Carcone, Sean Durzi, Troy Stecher, Alex Kerfoot, Clayton Keller, Connor Ingram, Filip Forsberg, Kiefer Sherwood, Dante Fabbro, Ryan O'Reilly, Morgan Frost, Cal Petersen, Owen Tippett, Cam Atkinson, Sean Walker, Adrian Kempe, Carl Grundstrom, Cam Talbot Organizations: Louis Blues, Colorado Avalanche, Ball, Blues, St, Avalanche, Canadiens, Bruins, Boston, NHL, Oilers, Seattle, San Jose, Wings, Blue Jackets, Detroit, Red Wings, Jets, Dallas, Winnipeg, Stars, Central Division, Senators, Flames, Ottawa, Calgary, AHL, Hurricanes, Tampa, Maple Leafs, Canucks, Toronto, Vancouver, Capitals, Islanders, New, Penguins, Sabres, Pittsburgh, Buffalo, Coyotes, Predators, Nashville, Flyers, Philadelphia, Anaheim, Los, Thomson Locations: Denver , Colorado, USA, Denver, Montreal, Edmonton, Columbus, Carolina, Tampa Bay, Washington, New York, Elmont, Arizona, Los Angeles, Southern California, Philadelphia
Brazilian cotton hits the runway at Sao Paulo Fashion Week
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +2 min
[1/5] A model presents a creation by the project “Sou de algodao" (I'm made of cotton) during Sao Paulo Fashion Week, in Sao Paulo, Brazil November 9, 2023. REUTERS/Carla Carniel Acquire Licensing RightsSAO PAULO, Nov 10 (Reuters) - Brazilian cotton producers took the natural fiber to the runway on Thursday night, strutting the catwalk of Sao Paulo Fashion Week (SPFW) in celebration of the 150th anniversary of jeans. Paulo Martinez, a Brazilian fashion icon who styled the show, pointed out that Brazilian cotton is "indispensable" in the manufacturing of the denim garments. More important than the race to come out on top is to show the industry and consumers the quality of Brazil's product, said the president of the Brazilian Cotton Producers Association (Abrapa), Alexandre Schenkel. For Schenkel, the runway showcased the fruits of designers' labor.
Persons: I'm, Carla Carniel, Paulo Martinez, Alexandre Schenkel, Roberto Samora, Peter Frontini, David Gregorio Our Organizations: Sao Paulo Fashion, REUTERS, SAO PAULO, Brazilian Cotton Producers Association, Thomson Locations: Sao Paulo, Brazil, Brazilian, States, China, India
The crowded terminal, a launch point for Cubans making their way by air to Nicaragua then overland to the United States, is one barometer of the frenzy to migrate from the communist-run island nation. For many, like Echavarria and his wife, it has also become a last resort as Cuba's economic crisis deepens with no end in sight. 'I GOT LUCKY'Artist Ernesto Perez, 51, told Reuters he had waited since 2015 for his turn to enter the United states legally under a family reunification program. Cuba blames the long-running U.S. trade embargo and Trump-era sanctions for fueling the economic crisis and the exodus of more than 400,000 Cubans leaving for the United States in the last two years. For many Cubans, however, Nicaragua remains the only viable option for getting off the island, said Yoany Bilbao, a 28-year old auto mechanic.
Persons: Alexandre Meneghini, Echavarria, Olga, Joe Biden, Alain Ferguson, Ferguson, Ernesto Perez, Perez, Brian Nichols, Yoany, Dave Sherwood, Ted Hesson, Ismael Lopez, Alien Fernandez, Mario Fuentes, Nelson Acosta, Mica Rosenberg, Rosalba O'Brien Organizations: REUTERS, Rights, Reuters, U.S, Central America, West, CBP, United, Trump, Senior U.S . Department of State, Thomson Locations: Panama, Havana, Cuba, Rights HAVANA, Havana's, Nicaragua, United States, Central, U.S, Florida, Mexico, Washington, San Jose
Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The 335-year old insurance market apologised in 2020 for its role in the 18th and 19th century slave trade. The Lloyd's market is made up of nearly 50,000 people, and Lloyd's wants one in three new hires to come from ethnic minorities. Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century. The research also showed that Joseph Marryat, Lloyd's of London chairman from 1811 to 1824, had enslaved people, White added.
Persons: Hannah McKay, Lloyd's, We've, Bruce Carnegie, Brown, Alexandre White, Joseph Marryat, White, Garba, Carolyn Cohn, Sinead Cruise, Jan Harvey, Elaine Hardcastle Organizations: REUTERS, London, Black, Johns Hopkins University, Mellon Foundation, Reuters, Central Fund, African Development Bank, Inter, American Development Bank, UN, Equity, of, United Nations, European Union, U.S, Thomson Locations: London, City, Britain, Liverpool, Lloyd’s
[1/6] A man works on a pole to restore electricity after a storm knocked down power cables in Sao Paulo, Brazil November 6, 2023. REUTERS/Carla Carniel Acquire Licensing RightsSAO PAULO, Nov 6 (Reuters) - Half a million residents of Sao Paulo remained without electricity on Monday three days after a storm knocked down power cables, leaving much of Brazil's largest city in the dark. The storm snapped branches and knocked down hundreds of trees that fell on overhead power lines in many streets of the city, initially cutting off 2.1 million customers in Metropolitan Sao Paulo, energy distribution company ENEL said. But what is shocking is that year after year there is not enough investment in burying the power cables. Reporting by Camila Moreira, Alberto Alerigi and Leticia Fucuchima in Sao Paulo; Anthony Boadle in Brasilia; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carla Carniel, Sao Paulo, ENEL, Denilson Laurindo, Thiago Gonzalez, Gonzalez, Flavio Dino, Alexandre Vieira Monteiro, Camila Moreira, Alberto Alerigi, Leticia Fucuchima, Anthony Boadle, Jonathan Oatis Organizations: REUTERS, SAO PAULO, Metropolitan Sao Paulo, Sao Paulo, Friday, Brazil's, Thomson Locations: Sao Paulo, Brazil, Sao, Brazil's, Metropolitan Sao, Morumbi, Brasilia
Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.
Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India
Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.
Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, , Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New
[1/4] People leave with goods from a supermarket that had been broken into in the aftermath of Hurricane Otis, in the outskirts of Acapulco, Mexico, October 26, 2023. Hurricane Otis last week hit Acapulco with winds of 165 miles per hour (266 km per hour), flooding the city, flipping roofs from homes and businesses, submerging vehicles, and severing communications as well as road and air connections. Mexico has sent thousands of armed forces members to keep order and help distribute tons of food and supplies. Acapulco residents are still searching for missing loved ones since the Category 5 hurricane hit with unexpected ferocity, far exceeding meteorologists' initial forecasts. State power utility CFE said on Tuesday morning one in four users in Guerrero hit by Otis was still without power.
Persons: Hurricane Otis, Alexandre Meneghini, Jose Luis Martinez, Andres Manuel Lopez Obrador, Abraham Moises Cano, Cano, Lopez Obrador, Guerrero, Otis, Jose Cortes, Josue, Casssandra Garrison Stefanie Eschenbacher, Dave Graham, Alistair Bell, Jonathan Oatis, Grant McCool Organizations: REUTERS, Rights, National Guard, Senate, Tuesday, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, del Sol, overpaid, Guerrero, Mexico City
[1/4] People leave with goods from a supermarket that had been broken into in the aftermath of Hurricane Otis, in the outskirts of Acapulco, Mexico, October 26, 2023. Mexico has sent some 17,000 members of the armed forces to keep order and help distribute tons of food and supplies in Acapulco. "The 15 billion (pesos) should go the victims in Acapulco," Lopez Obrador told reporters during a regular press conference, referring to the funds held in the trusts. Mexico has scrambled to send supplies and keep order in Acapulco, where residents are still searching for missing loved ones since the Category 5 hurricane barreled ashore. Lopez Obrador, who has vigorously rebuffed criticism of the government's response to the hurricane, had said he expected electricity to be fully restored in Acapulco by Tuesday.
Persons: Hurricane Otis, Alexandre Meneghini, Andres Manuel Lopez Obrador, Lopez Obrador, Guerrero, Otis, Jose Cortes, Josue, Stefanie Eschenbacher, Dave Graham, Alistair Bell, Jonathan Oatis Organizations: REUTERS, Rights, Senate, Tuesday, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Guerrero
ACAPULCO, Mexico, Oct 29 (Reuters) - Mexico's government on Sunday intensified efforts to get the stricken coastal city of Acapulco back on its feet as the toll of dead and missing from a record-breaking hurricane that ravaged the iconic beach resort continued to rise. POLITICAL FALLOUT[1/7]Damaged boats are seen at the Caleta beach in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 29, 2023. Former President Felipe Calderon, a longstanding adversary of Lopez Obrador, accused his administration of trying to exploit the situation by "rebranding" boxes of private aid contributions to Acapulco as "government" donations. Lopez Obrador said he expected electricity to be fully restored in the city by Tuesday. Reporting by Josue Decavele, Jose Cortes and Alexandre Meneghini in Acapulco; Daina Beth Solomon in Mexico City; Editing by Dave Graham, Marguerita Choy and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
Persons: Hurricane Otis, Otis, Andres Manuel Lopez Obrador, Lopez Obrador, Blanca Estela Morales, Quetzalli, Lopez, Felipe Calderon, Jesus Ramirez, Calderon, Guerrero, Evelyn Salgado, Luis Cresencio Sandoval, Sandoval, Josue Decavele, Jose Cortes, Alexandre Meneghini, Beth Solomon, Dave Graham, Marguerita Choy, Lisa Shumaker Organizations: REUTERS, . Defense, National Guard, Thomson Locations: ACAPULCO, Mexico, Acapulco, Hurricane, Mexican, Mexico's, Guerrero, Mexico City
[1/2] Hospital worker Jesus Rojas fixes his damaged house in the aftermath of Hurricane Otis in Acapulco, Mexico, October 27, 2023. REUTERS/Alexandre Meneghini/File Photo Acquire Licensing RightsMEXICO CITY, Oct 27 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Friday urged insurance companies to speed up payouts after powerful Hurricane Otis wreaked havoc on Acapulco's beach resorts and surrounding impoverished communities. The storm intensified with unexpected speed just prior to making landfall on Wednesday, becoming the most powerful storm to ever strike Mexico's Pacific coast. In Acapulco, Otis claimed at least 27 lives according to the local governor's tally issued on Thursday, which has not been updated. The investment manager calculated "a high probability" Mexico will get half of the bond's $125-million payment earmarked towards Pacific hurricanes.
Persons: Jesus Rojas, Alexandre Meneghini, Andres Manuel Lopez Obrador, Otis, Lopez Obrador, CoreLogic, Bond, Stefanie Eschenbacher, David Alire Garcia, Rod Nickel Organizations: REUTERS, MEXICO CITY, Hurricane, Investments, Pacific, World Bank, Thomson Locations: Hurricane, Acapulco, Mexico, MEXICO
Total: 25