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☆ A Rivian owner detailed the things he 'hates' about his electric truck one year into owning it — but it's still his favorite vehicle
▼ + stars: | 2023-08-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Tech YouTuber Zack Nelson said he put his Rivian R1T truck to the test over the past year. Nelson found some issues with the EV, including doors that don't drain and soil in his undercarriage. "The R1T is an electric truck and I would assume that an electric truck would just be able to do truck things," Nelson said in a YouTube video pointing out some of the things he "hates" about the vehicle. Zack Nelson said a plant was growing in the undercarriage of his Rivian. "It's a truck with the performance of a sports car, but all the abilities of a truck.

Persons: Zack Nelson, Nelson, it's, he's, Zack, Nelson —, — Organizations: Tech, YouTube, Tesla Roadster

☆ I took 2 500-mile drives in electric SUVs and experienced the good, the bad, and the ugly of EV road tripping
▼ + stars: | 2023-08-07 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

I took two 500-mile mini road trips this year in two different electric SUVs. Here's what I learned during my adventures in the Toyota BZ4X and Genesis GV60. At their worst, EV road trips can be frustratingly long and stressful ordeals. Charging can take a frustratingly long time in the wrong carThe 2023 Toyota bZ4X AWD Limited charging. I learned charging slowly while you're parked can make EV road trips more seamless.

Persons: Tim Levin, — Organizations: Toyota, Morning, EV, Toyota bZ4X AWD, DC, Consumer Locations: New York City, Washington, Cape Cod, Washington ,, New York

☆ Bud Light owner AB InBev beats forecasts in quarter dominated by boycott
▼ + stars: | 2023-08-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Bud Light, made by Anheuser-Busch, sits on a store shelf on July 27, 2023 in Miami, Florida. Anheuser-Busch InBev , the world's biggest brewer, on Thursday smashed profit expectations during a quarter that saw a social media-driven boycott of its bestselling Bud Light beer in the U.S. AB InBev's U.S. revenues were down 10.5% in the second quarter, according to its results, as core profit fell 28.2%. In its earnings statement, AB InBev said research conducted on its behalf through a third-party firm showed 80% of 170,000 consumers surveyed were "favorable or neutral" towards the Bud Light brand. The company did not specifically mention the Bud Light boycott

Persons: Bud Light, influencer Dylan Mulvaney, Zak Stambor Organizations: Anheuser, Busch, Busch InBev, U.S, InBev, Bud, Constellation Brands, Modelo, InBev's, Insider Intelligence, Bud Light Locations: Miami , Florida, Belgium, United States

☆ Molson Coors bumps up annual forecast on strong demand for premium beers
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

Aug 1 (Reuters) - Molson Coors Beverage (TAP.N) on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light. For the Americas segment, Molson Coors' net sales rose 10.7% in the second quarter as it shipped more premium beers. Molson Coors now expects full-year 2023 sales to grow in high single-digit percentage, on a constant currency basis. Annual underlying income before income taxes is expected to increase between 23% and 26%, on a constant-currency basis, compared with a low single-digit percentage increase forecast earlier. However, Molson Coors posted second-quarter sales of $3.27 billion, missing estimates of $3.29 billion, according to Refinitiv data.

Persons: Brown, Forman, InBev's Bud, influencer Dylan Mulvaney, Bud Light, Roth, Bill Kirk, Molson Coors, Savyata Mishra, Milla Nissi, Shounak Organizations: Molson Coors Beverage, Miller Lite, Anheuser, Busch InBev, Constellation Brands, Molson Coors, InBev's, Coors, Molson, Thomson Locations: U.S, Chicago, Bengaluru

☆ China's Leapmotor unveils new manufacturing platform, wants others to use it
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +3 min

SHANGHAI, July 31 (Reuters) - Chinese electric vehicle maker Zhejiang Leapmotor Technology (9863.HK) unveiled on Monday a new platform it developed in-house for making vehicles, which its chief executive said it wants to license to other automakers. The company hopes to sell the platform to other automakers via tech licensing agreements, he said. "We hope Leapmotor will not only be an EV brand but also a licensor of core technologies," Zhu said. Leapmotor, which employs more than 2,000 engineers, sold 44,500 units in the first half, 14% fewer than a year ago. ($1 = 7.1512 Chinese yuan renminbi)Reporting by Zhang Yan and Brenda Goh; Editing by Jacqueline Wong, Robert Birsel and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Zhu Jiangming, Leapmotor, Zhu, Tesla, Zhang Yan, Brenda Goh, Jacqueline Wong, Robert Birsel, Tomasz Janowski Organizations: Zhejiang Leapmotor Technology, HK, Companies, Shanghai Electric Group Corp, Sequoia Capital, Volkswagen, Thomson Locations: SHANGHAI, Zhejiang, Shanghai, Sequoia Capital China

☆ A key test for EV sales and the adoption curve is coming
▼ + stars: | 2023-07-30 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

The company says it will reach 400,000 cumulative units of EV production by early 2024 and that its EV business will reach profitability by 2025. "They have dozens of EV models over the next two to three years. watch nowAmong analysts who believe the stock is due for a bigger drop, expected EV sales disappointment is among the factors. But GM's EV plans come as Ford announced it is slowing down its plans to expand EV production to a 600,000 annual rate. "This will be the first year U.S. EV sales reach 1 million," Downey said.

Persons: Scott Mlyn, Brian Downey, Autotrader, Ford, Dan Ives, It's, they'll, Morgan Stanley, Adam Jonas, Mary Barra, Adam Jones, Colin Langan, Garrett Nelson, Chad Lyons, Lyons, Katie Minter, Rebecca Cook, Reuters Paul Jacobson, Jacobson, Ives, Downey, Tesla, Barra, they're, they've, Cox, Goodcarbadcar.net . Ford Organizations: Silverado, New York Auto Show, CNBC, General Motors, Cox Automotive, Kia, Porsche, Hyundai, Chevrolet Silverado, Wedbush Securities, Investors, GM, United Auto Workers union, Wall Street, Deutsche Bank, GMC Hummer EV, Chevy Silverado, GMC Sierra EV, Chevy Blazer, GMC, Blazers, Jaguar, Audi, North American, Reuters, EV, Cox, Ford's, Ford, Goodcarbadcar.net, Volkswagen, BMW – Locations: Detroit, Detroit , Michigan, U.S

☆ China's gasoline demand peak nears as EV boom hastens transition
▼ + stars: | 2023-07-28 | by ( Mohi Narayan | Thomson Reuters | Reports On Everything How Asia S Fuel Use Recovers The Fallout Of To Tracking How The Global Energy Transition Impacts Refinery Expansion Plans | ) www.reuters.com time to read: +5 min

The International Energy Agency (IEA) and consultancy Rystad Energy have brought forward forecasts of China's peak gasoline demand by about a year to 2024, while Chinese state majors PetroChina and Sinopec (600028.SS) see it in 2025. The earlier halt in gasoline demand growth in the world's No. Reuters GraphicsAs a result of accelerating EV sales, Paris-based IEA now expects Chinese gasoline demand to peak in 2024 at about 3.7 million barrels per day (bpd), bringing forward an earlier projection of demand plateauing in 2025/2026. The research arm of China's state refiner CNPC expects gasoline demand to peak in 2025, citing accelerating sales of EVs, and sees gasoline demand shrinking 2.3% annually between 2026 and 2030. China's massive move into petrochemicals is already causing a glut globally, prompting companies to shift investments to high-end energy transition materials.

Persons: Aly, refiners, Toril Bosoni, EV's, Gaurav Batra, Mukesh Sahdev, Ma Yongsheng, Mohi Narayan, Carman Chew, Matthew Chye, Chen Aizhu, Zoey Zhang, Andrew Hayley, Florence Tan, Sonali Paul Organizations: Porsche, Auto Shanghai, REUTERS, International Energy Agency, Rystad Energy, China Association of Automobile Manufacturers, Reuters Graphics, Reuters, China, Shenghong Petrochemical, Energy, Graphics, Thomson Locations: Shanghai, China, Jan, Sinopec, Asia, Reuters Graphics China, Paris, U.S, North America, India, Sun, New Delhi, Singapore, Beijing

☆ Bud Light maker to lay off hundreds of US corporate staff after sales slump - CNN
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

[1/2] FiILE PHOTO: Cans of AB InBev's Bud Light hard seltzer are displayed in a fridge in Jewel-Osco supermarket in Chicago, Illinois, U.S. October 21, 2020. Picture taken October 21, 2020. REUTERS/Richa NaiduJuly 26 (Reuters) - Anheuser-Busch InBev (ABI.BR), whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on Wednesday citing a company statement. The job cuts would represent less than 2% of total employees at the world's largest brewer, but would not include frontline staff like brewery and warehouse staff, drivers, field sales among others, CNN reported. Reporting by Gokul Pisharody in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Bud, seltzer, Richa Naidu, Bud Light, influencer Dylan Mulvaney, Gokul, Nivedita Organizations: REUTERS, Anheuser, Busch InBev, CNN, Busch, Budweiser, Constellation Brands, Modelo Especial, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru

☆ Head of US 'KleptoCapture' unit targeting Russian oligarchs leaves Justice Dept.
▼ + stars: | 2023-07-27 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Andrew Adams, who has led the "KleptoCapture" task force since its inception in March 2022, will be replaced by his deputies Michael Khoo and David Lim, a DOJ spokesperson said. "It was a privilege to cap this time in service of the Department's response to the war in Ukraine," Adams, a 10-year Justice Department veteran, wrote in a LinkedIn post. In launching the task force, U.S. Attorney General Merrick Garland said it would enforce sanctions and export controls designed to freeze Russia out of global markets, and confiscate assets obtained through unlawful conduct. During Adams' tenure, the unit unveiled indictments against aluminum magnate Oleg Deripaska and TV tycoon Konstantin Malofeyev for alleged sanctions busting, and seized yachts belonging to sanctioned oligarchs Suleiman Kerimov and Viktor Vekselberg. Reporting by Luc Cohen in New York; Additional reporting by Sarah N. Lynch in Washingon, D.C.; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Adams, Michael Khoo, David Lim, Adams, General Merrick Garland, Oleg Deripaska, Konstantin Malofeyev, Suleiman Kerimov, Viktor Vekselberg, Artem Uss, Khoo, Lim, Luc Cohen, Sarah N, Lynch, Daniel Wallis Organizations: U.S . Department, Reuters, Department of Justice, DOJ, Department, Vekselberg's, Huawei Technologies, Iran, Airbus, D.C, Thomson Locations: Moscow, Ukraine, New York City , New York, U.S, Russia, York, Russian, Italy, New York, Washingon

☆ Elon Musk reportedly gave the order himself for the displays in Teslas to present overly optimistic estimates of driving range
▼ + stars: | 2023-07-27 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Elon Musk decided to have Teslas display overly optimistic range estimates, Reuters reported. Elon Musk gave Tesla workers the order to present overly optimistic driving ranges for the company's electric cars, according to a recent report from Reuters. The publication was unable to verify whether the company still provides overly optimistic ranges. An EV's range can be impacted by extreme temperatures, as well as the owner's driving habits. The "Diversion Team" was instructed to cancel owners' appointments at its service centers related to driving range concerns.

Persons: Elon Musk, Tesla, Elon, It's, Musk, There's, I've, Nick Caraciolo, it's, Read Organizations: Reuters, Morning, South, EV, Read Reuters Locations: South Korea

☆ It looks like Tesla's Cybertruck is missing 1 thing Ford nailed in its electric truck: A big frunk
▼ + stars: | 2023-07-24 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

It looks like frunk in the Ford F-150 Lightning, one of the Cybertruck's closest rivals, is way bigger. The Ford F-150 Lightning looks like it has one big edge over Tesla's upcoming Cybertruck. Judging by an unverified photo posted online and first spotted by the EV news website Electrek, the Cybertruck's frunk looks rather tiny, which may disappoint potential buyers. When I drove the F-150 Lighting last year, the truck's frunk easily handled multiple backpacks and duffels that I didn't want sliding around in the bed. Tesla's Texas factory just built its first Cybertruck, and deliveries are set to begin later this year — two years behind schedule.

Persons: Tesla, Ford, Hummer Organizations: Ford, Morning, EV, Rivian's, Ram, Silverado Locations: Tesla's Texas

☆ Disney deja vu? DeSantis may be picking a fight with another business that did something he doesn't like
▼ + stars: | 2023-07-22 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

DeSantis has feuded with Disney for over a year, but now seems to have set his sights on Bud Light. DeSantis has directed an inquiry into AB InBev after Bud Light partnered with a trans influencer. DeSantis said Disney had "crossed the line" and that the state would "fight back." Disney sued DeSantis for retaliation and violating the company's First Amendment rights — a charge the governor and the state has denied. It's notable that DeSantis is taking issue with the financial fallout Bud Light has experienced as a result of partnering with Mulvaney — when DeSantis himself encouraged consumers to boycott the brand.

Persons: DeSantis, Bud, Bud Light, Ron DeSantis, didn't, Disney, influencer Dylan Mulvaney, there's, Mulvaney Organizations: Disney, InBev, Bud, Service, Gov, Parental, Fox News Locations: Wall, Silicon, Florida

Ron DeSantis has told his government to investigate whether Bud Light's parent company breached its duties to shareholders as a conservative backlash continues to rage over the beer brand's deal with transgender social media influencer Dylan Mulvaney. Shares of AB InBev are down about 2% this year, while the broader market is up. Sales of Bud Light have plummeted in the wake of conservative uproar and a boycott over the Mulvaney partnership. The firm also found Bud Light sales are down by about 25% from last year. Mulvaney has criticized Bud Light for not standing by her during the boycott.

Persons: Ron DeSantis, Bud Light's, influencer Dylan Mulvaney, DeSantis, Lamar Taylor, Bud Light, Bump, Bud, there's, Florida's, Disney, Donald Trump's, Taylor, Mulvaney, I've Organizations: Florida, United, Israel Summit, Crystal Gateway Marriott, Florida Gov, Republican, State Board of Administration, SBA's, InBev, Constellation Brands, Especial, Anheuser, Busch InBev, CNBC, Fox, Disney, Trump, GOP, NBC Locations: Arlington , Virginia, U.S, Florida

☆ Morgan Stanley upgrades Anheuser-Busch InBev, says it's attractive valued after Bud Light controversy
▼ + stars: | 2023-07-20 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Anheuser-Busch InBev is a buying opportunity even after its controversial handling of a social media campaign involving a transgender influencer, according to Morgan Stanley. Simon called the parent company behind Bud Light a top pick that's attractively valued after its decline this year. "We see a very favourable risk reward underpinned by attractive valuation," Simon wrote to clients on Thursday. BUD 1D mountain Anheuser-Busch InBev shares 1-day The analyst raised her price target to $68.50 from $64, which represents about 17% upside for Anheuser-Busch InBev from Wednesday's closing price. Anheuser-Busch InBev has come under pressure in the U.S. this year after it partnered with transgender influencer Dylan Mulvaney for promotions of Bud Light.

Persons: Morgan Stanley, Sarah Simon, Simon, Bud Light, Bud, BUD, influencer Dylan Mulvaney, — CNBC's Michael Bloom Organizations: Anheuser, Busch InBev, Busch, Brewers Locations: U.S

☆ EV's 'moment of truth' is coming as industry preps for mass adoption, says former Ford CEO
▼ + stars: | 2023-07-19 | 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 EmailEV's 'moment of truth' is coming as industry preps for mass adoption, says former Ford CEOMark Fields, former Ford CEO and former Interim Hertz CEO, joins 'Squawk on the Street' to discuss the recent price cuts from Ford, why the company has decided to cut its price, and much more.

Persons: Mark Fields Organizations: Ford, Interim Hertz

☆ The man Putin wants to take over Wagner was once admitted to the hospital blind drunk with $60,000 cash, military maps of Syria, and receipts for weapons: report
▼ + stars: | 2023-07-17 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Vladimir Putin wants to replace Yevgeny Prigozhin as head of Wagner, per The Telegraph. Troshev was once taken to the hospital blind drunk carrying cash, military maps, and receipts for weapons, it said. Troshev was admitted to the hospital blind drunk with some unusual items on him, per The Telegraph. Though Troshev had a placid call sign — "Grey Hair" — The Telegraph reported that he played a part in particularly brutal military operations. Troshev then worked for Omon, Russian riot police, which had the job of violently breaking up anti-government protests, The Telegraph reported.

Persons: Vladimir Putin, Yevgeny Prigozhin, Wagner, Andrei Troshev —, Troshev, Putin, Andrei Troshev Organizations: Service, The Telegraph, Russian Federation, Islamic, Telegraph Locations: Wall, Silicon, Russian, Syria, Islamic State, Palmyra, St Petersburg, Soviet, Chechnya, Bakhmut, Ukraine

☆ How the Russian officer elite has been decimated in Ukraine — here are the generals and top commanders killed in action
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | Nathan Rennolds | ) www.businessinsider.com time to read: +16 min

Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Andrey KolesnikovUkraine's military said in a tweet that they killed Russian Maj. Gen. Andrey Kolesnikov. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022.

Persons: , Oleg Tsokov, Andrei Sukhovetsky Maj, Andrei Sukhovetsky, Sukhovetsky, Vitaly Gerasimov Maj, Vitaly Gerasimov, Alexander Nevsky, Andrey Kolesnikov Ukraine's, Andrey Kolesnikov, Oleg Mityaev Russia, Oleg Mityaev, Anton Gerashchenko, Andrei Mordvichev, Oleksiy Arestovych, Ramzan Kadyrov, Yakov Rezantsev, Illia Ponomarenko, Zelenskyy, Rezantsev, Dmitry Safronov Ukraine's, Dmitry Safronov, Denis Glebov, Glebov, Courage, Konstantin Zizevsky, Mikhail Vedernikov, Yuri Agarkov, Agarkov, Andrei Zakharov, Sergei Porokhnya, Gleb Garanich, Reuters Magomed, Magomed Tushaev, Putin, Vladimir Zhonga, Vladimir Zhoga, Sergei Sukharev, Sergei Krylov, Sukharev, Alexei, Alexei Sharov, Sharov, Sergey Bratchuk, Dmitry Dormidontov, Dmitry Pavlovich Dormidontov, Igor Zharov, Igor Igoshin, Zharov, Denis Kurilo, Kurilo, Anton Kuprin, Kuprin, Anton Gerashenko, Stringer, Denis Mezhuev, Vladimir Petrovich Frolov Maj, Gen, Vladimir Petrovich Frolov, Alexander Beglov, Fontanka, Miras, Miras Bashakov, Ivan Grishin, Vyacheslav Savinov, Savinov, Metin Aktas, Denis Kozlov, Kozlov, Andrei Simonov, Simonov, Roman Kutuzov Major, Roman Kutuzov, Alexander Sladkov, Tsargrad, Roman, Roman Berdnikov, Kutuzov, Volya, Kanamat, Botashev, Artem Nasbulin Maj, Artem Nasbulin, Serhiy Bratchuk, Tsokov, Михаил Ведерников Organizations: UK Defence Ministry, Service, British Defence Ministry, West, Storm, Russian, 7th Airborne Division, Combined Arms Army, Russian Federal Security Service, Arms Army, Interior Ministry, The New York Times, 8th General Army, Southern Military District of, Armed Forces, Twitter, Telegraph, Dmitry Safronov Ukraine's Ministry of Defense, Separate Marine Brigade, Russian Armed Forces, Ukraine's Defense Ministry, Airborne, 247th Guards Air Assault Regiment, Luhansk People's, 56th Air Assault Brigade, Guardian, 12th Engineer Brigade, Russian Armoured, Carrier, Reuters, The Daily Mail, Forces, Sparta Battalion, Donetsk People's, Daily Mail, 331st Guards Parachute, Ukraine, Ukraine's, Strategic Communication, Information Security, The Independent, 810th, Zhukov Brigade, Russian Marines, Evening, Local, 200th, Rifle Brigade, Black, Fleet, Russian Federation, Ukrainian, New York Times, 1st Guards, Banner, The Times, Kremlin, 8th Army, Aircraft Missile Brigade, Armed Forces of, Russian Missile Troops and Artillery, Russian Forces, Anadolu Agency, Getty, Separate Guards Engineers of Keningsbersko, Red Banner Brigade, Courage, Russian 2nd Army, Presidential, Russian Air Force, BBC, High Mobility Artillery, Southern Military District Locations: Russia, Ukraine, Wall, Silicon, Russian, Kharkiv, Mariupol, Chornobayivka, Kherson Airport, London, Yakov Rezantsev Ukraine, Kyiv, Chornobaivka, Ukrainian, Chuhuiv, Donbas, Donetsk, Luhansk, Pskov Region, Andrei Zakharov Ukraine, Ufa, Nova Husarivka, Chechen, Hostomel, Russia's Chechnya, Donetsk People's Republic, Volnovakha, Kostroma, Tatarstan, Pechenga, Sevastopol, St, Petersburg, St . Petersburg, Armed Forces of Ukraine, Izium, Kharkiv Oblast, Izyum, Ukraine's Donbas, Severodonetsk, Kherson, Berdyansk

☆ Alcaraz mauls Medvedev and sets his sights on Djokovic in dream final
▼ + stars: | 2023-07-14 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

The Serbian has not lost on Centre Court for 10 years, but Alcaraz said he is ready for the challenge. I dreamed of this since I started to play tennis, to play in a final here. Alcaraz lost to Medvedev in the second round on his Wimbledon debut in 2021, when he was then ranked 75th. Medvedev surrendered serve tamely at 3-4 to allow Alcaraz to bag the first set. Asked if Alcaraz can win, Medvedev said: "I think, yes.

Persons: Carlos Alcaraz, Daniil Medvedev, Novak Djokovic, Medvedev, Alcaraz, Manuel Santana, Rafa Nadal, Djokovic, Margaret Court's, It's, Carlos, Martyn Herman, Ken Ferris Organizations: Wimbledon, Serbian, Court, U.S, Medvedev, Djokovic, Thomson Locations: tamely, Russian

* "Sedoi" is the nom de guerre of Andrei Troshev, a senior Wagner commander, according to European Union sanctions documents, French official documents, sources with knowledge of the matter and Russian media reports. * The EU described him as the "executive director (chief of staff) of the Wagner Group" in its 2021 document which also says he was a founding member of the group. "Andrei Troshev is directly involved in the military operations of the Wagner Group in Syria," the EU said. Britain also described him in its Syria sanctions documents as the chief executive of Wagner. Western sanctions documents list his date of birth as April 5, 1953.

Persons: Vladimir Putin, Yevgeny Prigozhin, Andrei Troshev, Wagner, France's, Dmitry Utkin, Troshev, Putin, Bashar al, of, Guy Faulconbridge, Angus MacSwan Organizations: Wagner Group, France's Treasury, Kommersant, Wagner, St, Red Star, Islamic State, Thomson Locations: MOSCOW, EU, Syria, Deir, Britain, Leningrad, Soviet, St Petersburg, Afghanistan, Soviet Union, North Caucasus, SOBR, Russian, of Russia, Palmyra, Utkin

☆ The daughter of a sanctioned Russian billionaire says she's the true owner of a $68 million superyacht bought by ex-Google CEO Eric Schmidt
▼ + stars: | 2023-07-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Eric Schmidt bought a superyacht linked to a sanctioned Russian billionaire at auction in June. The Russian mogul has denied owning the vessel – but his daughter now says she's its true owner. Former Google CEO Eric Schmidt recently paid $67.6 million for a stranded superyacht that has been linked to a sanctioned Russian billionaire. The Russian chemical mogul's daughter now says she's its true owner and wants it back, according to a report by Bloomberg. But on Wednesday, lawyers for Guryev's daughter Yulia Gurieva-Motlokhov filed an appeal saying that she was the vessel's true owner, Bloomberg reported.

Persons: Eric Schmidt, Schmidt, Nero, Andrey Guryev, Guryev, Alfa Nero, Vladimir Putin, Guryev's, Yulia Gurieva, Motlokhov Organizations: Bloomberg, Morning, US Treasury, Alfa, EU, FBI, Trust, Flagstaff Trust Locations: Russian, Antigua, Barbuda, Ukraine, Caribbean, Flagstaff

☆ Medvedev weathers Eubanks storm to reach semis
▼ + stars: | 2023-07-12 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Medvedev clung on stubbornly, however, and as the fire in the Eubanks racket began to fade he took charge to reach the semi-finals at the grasscourt slam for the first time. Eubanks used his sledgehammer forehand to break the Medvedev serve to lead 3-1 in the second set -- beaming broadly and imploring the crowd for more noise. Medvedev looked bewildered and out of ideas as Eubanks kept swinging for the hills, landing blow after blow. Medvedev looked close to boiling point as he whacked a ball dangerously close to the fans, argued with umpire Damien Dumusois and received a warning. Eubanks cut a dejected figure in the deciding set as his dream faded away and the end came quickly.

Persons: Russia's Daniil Medvedev, Christopher Eubanks, Toby Melville LONDON, Daniil Medvedev, Eubanks, Medvedev, Carlos Alcaraz, Cameron Norrie, Medvedev's, Damien Dumusois, John McEnroe, Martyn Herman, Ken Ferris, Ed Osmond Organizations: Lawn Tennis, Croquet Club, U.S, REUTERS, Wimbledon, Georgia Tech, Thomson Locations: London, Britain, Russian, British

☆ Swiatek continues hunt for maiden grasscourt title in Svitolina clash
▼ + stars: | 2023-07-10 | by ( Aadi Nair | ) www.reuters.com time to read: +3 min

I don't know, more experience, for sure, because Belinda is a really, really great player," top seed Swiatek, a former junior champion at Wimbledon, told reporters on Sunday. In Svitolina, Swiatek faces a former Wimbledon semi-finalist, who also secured a hard-fought victory on Sunday, beating Belarusian Victoria Azarenka 2-6 6-4 7-6(9). "I think she's that kind of player who is patient," Swiatek said of 28-year-old Ukrainian wild card Svitolina. DJOKOVICNovak Djokovic, attempting to win a fifth straight Wimbledon title, meets Russia's Andrey Rublev in the men's quarter-finals. He's looking for his first Grand Slam semi-final.

Persons: Elina Svitolina, Swiatek, Belinda Bencic, Belinda, I'm, She's, Jessica Pegula, DJOKOVIC Novak Djokovic, Russia's Andrey Rublev, Djokovic, that's, Aadi Nair, Ken Ferris Organizations: Wimbledon, Bad, Olympic, Belarusian Victoria Azarenka, Thomson Locations: Bengaluru

July 10 (Reuters) - Constellation Brands' (STZ.N) Modelo Especial was the top-selling beer brand in the United States for a second consecutive month in June, after first dethroning Anheuser-Busch InBev's (ABI.BR) Bud Light in May. Modelo Especial was the top-selling beer brand for the four weeks ended July 1, with an 8.7% share of overall beer sales through retail stores for the period, while Bud Light came in second with a 7% share, according to consulting company Bump Williams, which sources data from NielsenIQ. Sales of Bud Light and Budweiser dropped 28% and 11.7%, respectively, from a year earlier, while Modelo Especial sales rose 8.5%. Azer added that consumers had quickly figured out AB InBev's other beer brands like Michelob Ultra and Natural Light, which are also seeing a fall in sales. Before the backlash, Natural Light was gaining due to cost-conscious consumers opting for cheaper six-packs.

Persons: Busch, Bud Light, influencer Dylan Mulvaney, Bump Williams, Michel Doukeris, Neil Reid, Cowen, Vivien Azer, Azer, Letitia James, Ananya Mariam Rajesh, Pooja Desai Organizations: Constellation Brands, Modelo Especial, Anheuser, U.S, University of Toledo, Budweiser, Target, New York, Starbucks, Thomson Locations: United States, NielsenIQ, U.S, Bengaluru

☆ Rublev flying high after learning to dive
▼ + stars: | 2023-07-09 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

The 25-year-old set up match point in a five-set thriller against Alexander Bublik with a gravity-defying lunge to somehow return a backhand piledriver by his mercurial opponent. One point later it was all over as Rublev reached the quarter-final of a Grand Slam for the eighth time. "I don't know if I will ever feel this feeling. "All my life I didn't know how to dive. Then today was this one, I don't know, one-leg dive, something.

Persons: Andrey Rublev, Kazakhstan's Alexander Bublik REUTERS, Dylan Martinez, Andrey Rublev's, Alexander Bublik, Bublik, Rublev, David Goffin, Boris Becker, David ) Goffin, Martyn Herman, Ken Ferris Organizations: Lawn Tennis, Croquet Club, Dylan Martinez LONDON, Wimbledon, Court, Thomson Locations: London, Britain

☆ Rolls-Royce's CEO shares his 3 favorite details of the brand's new $420,000 electric car
▼ + stars: | 2023-07-06 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Rolls-Royce's first electric car, the $420,000 Spectre, has arrived. Those taillightsRolls-Royce says the taillights look like "islands in a lake." Look closely at the Spectre's taillights and you'll notice they're single, uninterrupted parts, plunged into a smooth, uninterrupted body panel. The Spectre's grille pushes air around the car instead of sucking it in. A pink Rolls-Royce Spectre.

Persons: Torsten Müller, Ötvös, Royce, Anders Warming, we've, Royce What's Organizations: Royce

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