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During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes in Europe and Asia Pacific, accounting for about half of global volumes. Deal volumes in Europe and Asia Pacific fell 31% and 9%, respectively. To date, private equity deal volumes have slumped 48% to $313.73 billion, compared to the same period last year. Deal activity driven by activist shareholders was muted as several big-name activists reached settlements with corporate boardrooms. Dealmaking in technology, which typically accounts for the largest share of deal volumes, has fallen 51% so far this year.

Persons: Brendan McDermid, dealmaking, We're, Melissa Sawyer, Sullivan, Cromwell, dealmakers, headwinds, Tony Kim, Roark Capital's, ”, Andre Kelleners, Goldman Sachs, Naveen Nataraj, Kappa, WestRock, it’s, Rob Kindler, Weiss, Garrison, it'll, Anton Sahazizian, Anirban Sen, Timothy Gardner Organizations: REUTERS, Cromwell LLP, Asia Pacific, Investment, U.S . Steel, Centerview Partners, U.S . Investment, Evercore Inc, Cisco, Splunk Inc, Fidelity National Information Services, Reuters, Paul, Moelis, Thomson Locations: New York City, U.S, United States, Europe, Asia, Cleveland, Rifkind, Wharton, New York, London

☆ Cellnex’s Nordic towers sale is a good omen
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

LONDON, Sept 29 (Reuters Breakingviews) - Marco Patuano is starting with a small but firm step. After years of M&A-fuelled expansion, the new CEO wants to return Cellnex to investment grade and focus on organic growth and efficiency. Cellnex shares shot up 4% Friday, adding 1 billion euros to the group’s market capitalisation. If Patuano can keep finding buyers for his assets, he may soon return his company to investment grade. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Marco Patuano, Patuano, Pierre Briancon, Lisa Jucca, Streisand Neto Organizations: Reuters, X, Thomson Locations: Italian

CNN —A 32-year-old student has been arrested after a “targeted” shooting rampage in the Dutch city of Rotterdam left three people dead on Thursday, according to local authorities. The suspect later went into a classroom at the prestigious Erasmus University Medical Center nearby, where he fatally shot a 46-year-old doctor, Westerbeke said. The alleged gunman – who studied at Erasmus University – was ultimately arrested under the hospital’s helipad, Westerbeke said. Bas Czerwinski/ANP/AFP/Getty ImagesNetherlands' police officers gather near the entrance to Erasmus University Medical Center (Erasmus MC) in Rotterdam on September 28, 2023. He had a gun in his pocket and was wearing a bullet-proof vest when he was detained, according to Westerbeke.

Persons: Fred Westerbeke, “, ”, Westerbeke, –, Erasmus University –, ” Westerbeke, Erasmus MC, Bas, Mark Rutte Organizations: CNN, Erasmus University Medical Center, Erasmus University, EMC, Medical, Czerwinski, Getty, Netherlands, Erasmus, Bas Czerwinski, Authorities, NOS, Netherlands ’, Twitter Locations: Dutch, Rotterdam, Netherlands

☆ H&M blames warm weather for September sales slide
▼ + stars: | 2023-09-27 | by ( Helen Reid | トムソンロイター | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +3 min

H&M, whose biggest rival is Zara owner Inditex (ITX.MC), said September sales would be down 10% year-on-year measured in local currencies. That compares with Inditex reporting sales between Aug. 1 and Sept. 11 that were up 14%. Operating profit in the Swedish group's third quarter jumped to 4.74 billion crowns ($431 million) from a year-earlier 902 million. The year-ago figure included a one-off cost of 2.1 billion crowns for the group's exit from Russia, which also accounted for four percentage points of the 10% September sales decline. H&M announced a share buyback programme starting on Wednesday, planning to buy back up to 3 billion crowns of stock by March 31 next year.

Persons: サマリー, Inditex, Vera Diehl, Nicolas Champ, LSEG, Richard Chamberlain, Anna Ringstrom, Helen Reid, Jan Harvey, Mark Potter Organizations: Union Investment, Barclays, RBC, HK, Tmall Locations: STOCKHOLM, Zara, Swedish, Russia, JD.com, China's Xinjiang, Alibaba's

☆ Santander raises interim cash dividend 39%
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMADRID, Sept 26 (Reuters) - Spain's Santander (SAN.MC) said on Tuesday its board had approved an interim cash dividend of 0.081 euros ($0.0856) per share against its 2023 results, up 39% from a year ago. The cash dividend is equivalent to around 25% of the group's attributable profit in the first half of 2023, or 1.31 billion euros, the euro zone's No. In February, Santander raised its dividend pay-out policy to 50% from a previous 40% of the group's profit, equally split into cash dividend payments and share buybacks. The dividend was backed by an attributable profit of 5.24 billion euros in the first half and will be paid on Nov. 2. Terms of the share repurchase plan will be set out before it starts.

Persons: Dado Ruvic, Glenn Hutchins, Hutchins, Bruce Carnegie, Brown, Jesús Aguado, David Latona, Richard Chang Organizations: Santander Bank, REUTERS, Rights, Spain's Santander, Santander, Carnegie, Thomson Locations: Rights MADRID

☆ Worried about vulnerable airbases, a US ally landed a F-35A stealth fighter on a highway for the first time in NATO's newest member
▼ + stars: | 2023-09-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Norway's military did something that's never been done before and landed a F-35A on a highway for the first time. Not only for the Norwegian Air Force, but also for the Nordic countries, and for NATO. Norwegian F-35A taking off from a highway in Finland for the first time. Norwegian F-35A taking off from a highway in Finland for the first time. The F-35A is used by the Air Force while the F-35C is employed by the Navy and Marine Corps aboard carriers.

Persons: that's, Finland —, —, Rolf Folland, Folland, Eivind Byre, Eirik Kristoffersen, Ole Andreas Vekve, it's, Lockheed Martin, Tony Bauernfeind Organizations: Service, Norwegian Armed Forces, Norwegian Air Force, Nordic, NATO, Royal Norwegian Air Force, US Air Force, Air Force, Lockheed, Marine Corps, Marines, Pacific, Navy, Air Force Special Operations Command Locations: Wall, Silicon, Norway, Finland, NATO, Finnish, Nordic, Michigan, Wyoming, Texas, Norwegian, Southern California, Russia, China

☆ The US Air Force's plan to give its biggest planes new missions has gotten China's attention
▼ + stars: | 2023-09-22 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

US Air Force officials say they're pursuing a plan to drop "palletized effects" from cargo planes. Minihan said "palletized effects" could include much more than just "kinetic effects" like missiles. There's other kinetic effects, non-kinetic effects, jammers, that if it can fit in the back and can be air-launched" then it could be employed to deliver "decisive effects," Bauernfeind said. "When it comes to palletized effects, I'm not looking for big modifications. AdvertisementAdvertisementA palletized effects system in the air during a live-fire test in Norway in November 2022.

Persons: It's, Brandon Esau, Mike Minihan, Minihan, Tony Bauernfeind, Bauernfeind, Brandon Esau Minihan, Derek Solen, Solen, Brigette, Brigette Waltermire Solen Organizations: US Air Force, Service, Air Force, Air Force Research Laboratory, Air Force Special, Command, Air Mobility Command, Staff, Air and Space Forces, Washington DC, Air Force Special Operations Command, China National Defense, PLA, Communist, Military Commission, US Air, China Aerospace Studies, Science, US Air National Guard / Tech Locations: Wall, Silicon, China, Florida, Norwegian, Norway

LONDON, Sept 21 (Reuters Breakingviews) - Barely a day goes by without an eye-catching story involving Saudi Arabia’s Public Investment Fund. A third of the fund consists of significant stakes in domestic companies like the $51 billion Saudi Telecom Company (7010.SE) and $53 billion Saudi National Bank (1180.SE). Reuters Graphics Reuters GraphicsThe PIF’s investment strategy is also racier than its more conservative peers. But the episode reinforces the impression that the PIF is a mix of venture capital, hedge fund and startup money. The most spectacular was probably handing $45 billion to SoftBank Group (9984.T) boss Masayoshi Son for his $100 billion first Vision Fund.

Persons: Kylian Mbappé, It’s, Prince Mohammed bin Salman, Yasir Al, Abu Dhabi’s Mubadala, Rumayyan, Salman bin Abdulaziz, Masayoshi Son, SWFs, Taiwan’s Foxconn, Peter Thal Larsen, Streisand Neto Organizations: Reuters, Saudi Arabia’s Public Investment Fund, Standard Chartered, Spanish telco Telefonica, Fund, Abu, Abu Dhabi Investment Authority, Global, Reuters Graphics Reuters, Saudi, Saudi Telecom Company, Saudi National Bank, Saudi Aramco, giga, Qatar Investment Authority, Singapore’s Temasek, Al, MbS, SoftBank Group, Vision, Credit Suisse, UBS, Saudi giga, Aramco, Investment, Thomson Locations: Spanish, Abu Dhabi, Riyadh, Saudi

☆ US Air Force special operators' search for new runways is expanding from highways to beaches
▼ + stars: | 2023-09-19 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

The growing reach of the Chinese military has the US Air Force worried about its bases. Air Force special operators are widening the search, seeking more roads and even beaches to land on. AdvertisementAdvertisementA Royal Air Force Atlas A400M lands on a beach during at Pembrey Sands in Wales in June 2023. Royal Air ForceNew technology and eventually new aircraft are also helping to expand Air Force Special Operations Command's "runway-agnostic options." Air Force officials say that capability allows the MQ-9s to go to more bases and reduces the number of airmen needed for support.

Persons: Tony Bauernfeind, Bauernfeind, Al Udeid, Kenneth Wilsbach, we're, Command Bauernfeind, We're Organizations: US Air Force, Air Force, Service, Force Special, Command, The Air Force, Agile, Employment, Pacific, Air Force Special Operations Command, Operations Command, Air and Space Forces Association, Christopher Quail, US Air Forces, Royal Air Force Atlas, Royal Air Force, US Air Force Special, DARPA Locations: Wall, Silicon, Europe, Washington, Bagram, Kandahar, Balad, Al, Tinian, Palau, Michigan, Wyoming, Texas, Pembrey Sands, Wales

United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. Collectively, zero-emission delivery startups have raised around $1 billion so far, according to Pitchbook and data collected by Reuters. H&M, the world's second-largest fashion retailer, said it is scaling up a number of zero-emission delivery initiatives "through a variety of partnerships like the one... with Liefergrun." "Some customers are pushing very, very hard for as many zero-emission deliveries as possible," Hoed said. DHL's Zou said zero-emission delivery startups are not a threat, but added "we are always keen to look at them either for a commercial partnership or working together."

Persons: Lisa Baertlein, Germany's Liefergrun, Niklas Tauch, Tauch, Yin Zou, Tristan Thomas, DutchX, Marcus Hoed, Hoed, DHL's Zou, Sven Etzelsberger, Thomas Goldsby, Goldsby, Rob King, Zedify, King, Nick Carey, Ben Klayman, David Gregorio Our Organizations: REUTERS, LOS, Reuters, FedEx, Deutsche Post DHL Group, United Parcel Service, Mercedes, Benz, DHL, Deutsche Post DHL, Amazon, Foods, IKEA, University of Tennessee, UPS, Thomson Locations: Compton , California, U.S, New York, Berlin, Germany, Austria, Netherlands, London, Liverpool, Birmingham, Manchester, Europe, Manhattan, Philadelphia, California

☆ Santander creates two new global businesses for retail, consumer areas
▼ + stars: | 2023-09-18 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

Santander Bank logo is seen in this illustration taken March 12, 2023. The new Retail and Commercial unit and Digital Consumer Bank will join Santander's other global operations in Corporate and Investment Banking, Wealth Management and Insurance and Payments, it said in a statement. The bank is benefiting from higher interest rates in Europe as it seeks to expand its investment banking business. Global heads will define the common business and operating model based on global platforms, said the bank, with all operations aligned under five global business areas. The Digital Consumer Bank will be led by Jose Luis de Mora.

Persons: Dado Ruvic, Ana Botin, Daniel Barriuso, Jose Luis de Mora, Javier San Felix, Matias Sanchez, Jose M ., Victor Matarranz, Jesús Aguado, Joan Faus, Richard Chang Organizations: Santander Bank, REUTERS, Rights, Spain's Santander, Digital Consumer Bank, Corporate, Investment Banking, Wealth Management, Insurance, Santander, Corporate & Investment Banking, Thomson Locations: Rights MADRID, Europe

☆ H&M looks out of sync with shoppers’ reality
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar Acquire Licensing RightsMILAN, Sept 15 (Reuters Breakingviews) - H&M (HMb.ST) CEO Helena Helmersson is feeling the heat. H&M has probably been operating under the illusion that it could maintain pricing power while consumers are being hit by inflation. Its $120 billion rival Inditex (ITX.MC), whose Zara brand is considered more upmarket than H&M, has started to pause price increases. Right now, H&M trades on the same 20 times forward earnings multiple than Inditex.

Persons: Mike Segar, Helena Helmersson, “, That’s, Shein, Inditex's, Lisa Jucca, George Hay, Streisand Neto Organizations: REUTERS, Reuters, RBC, X, Thomson Locations: Manhattan , New York, U.S, Swedish

☆ Mexico's Sheinbaum leads 2024 presidential race -poll
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

Former Mexico City Mayor Claudia Sheinbaum gestures as she speaks on the day she is certified as presidential candidate for the ruling National Regeneration Movement (MORENA) party during a ceremony, in Mexico City, Mexico September 10, 2023. REUTERS/Henry Romero/File photo Acquire Licensing RightsSept 14 (Reuters) - The presidential candidate of Mexico's leftist ruling party, Claudia Sheinbaum, a close ally of the current president, is favorite to win the 2024 election, a new opinion poll showed. Those polled were asked to choose between Sheinbaum, Galvez, and former foreign minister Marcelo Ebrard, Sheinbaum's main rival for MORENA presidential nomination. The poll showed Ebrard winning 15% support as MC candidate against Sheinbaum and Galvez. In a head-to-head contest between the two female front-runners, Sheinbaum got 55% support and Galvez 34%.

Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Xochitl Galvez, Galvez, Marcelo Ebrard, Ebrard, Sheinbaum, Andres Manuel Lopez Obrador, Raul Cortes, Natalia Siniawski, Stefanie Eschenbacher, Alistair Bell Organizations: Mexico City Mayor, Regeneration, REUTERS, National Regeneration, Spanish, El Pais, MORENA, Movement, Sheinbaum, Thomson Locations: Mexico City, Mexico, Sheinbaum, MORENA, Galvez

Two other defendants, American Airlines (AAL.O) and Southwest Airlines (LUV.N), previously settled for a respective $45 million and $15 million. Delta and United called their seating capacity reductions a legitimate response to reduced demand, rising fuel prices and the 2008 global financial crisis. Both carriers went through bankruptcy not long before the purported conspiracy began, with United emerging in 2006 and Delta emerging in 2007. United said it was disappointed with the judge's decision, and will seek to have it reconsidered or file an appeal. Payouts will not begin until claims against Delta and United are resolved.

Persons: Doug Parker, Gary Kelly, Scott Kirby, John Laughter, Sara Nelson, Colleen Kollar, Defendants, Kotelly, United, Jonathan Stempel, Grant McCool Organizations: American Airlines Group Inc, Southwest Airlines Co, United Airlines Holdings Inc, Delta Air Lines Inc, Delta Air Lines, United Airlines, Washington , D.C, American Airlines, Southwest Airlines, U.S . Department of Justice, Passengers, United, Delta, Antitrust Litigation, District of Columbia, Thomson Locations: U.S, Washington ,, New York

☆ Moderna flu shot succeeds in late-stage study
▼ + stars: | 2023-09-13 | by ( Patrick Wingrove | ) www.reuters.com time to read: +4 min

The effectiveness of Moderna's flu vaccine was demonstrated across all age groups, including older people, and was found to be safe and tolerable, according to the company. Moderna also said it had found that its shot was equal or superior to Sanofi's high-dose flu vaccine in a separate early head-to-head study. Following the U.S. Food and Drug Administration's authorization on Monday, Moderna said it would start shipping COVID vaccine doses across the United States. "The vaccine's manufacturing runs from June to October and we are already producing it. All the purchase orders are being fulfilled," a Rovi spokesperson said, referring to the COVID vaccine.

Persons: Dado Ruvic, Moderna, Jefferies, Michael Yee, Stephen Hoge, Hoge, we've, We've, COVID, Spain's, Patrick Wingrove, Will Dunham, Mark Porter Organizations: REUTERS, Moderna, U.S . Centers for Disease Control, U.S . Food, Sanofi, Thomson Locations: United States, Moderna, Massachusetts, Britain, Canada, Japan, China, New York, Bengaluru

☆ Inditex can afford to start sharing its cash pile
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

An employee arranges clothes at one of the largest Zara stores in the world, in Madrid, Spain, April 7, 2022. REUTERS/Juan Medina/File Photo Acquire Licensing RightsLONDON, Sept 13 (Reuters Breakingviews) - Marta Ortega is facing a test on Inditex’s (ITX.MC) bulging cash pile. In the same period, Inditex delivered 2.5 billion euros of net profit, up 40% year-on-year. Still, growing profits mean its cash pile will only get larger. Net cash is expected to balloon to 12 billion euros by year-end, LSEG data show.

Persons: Juan Medina, Marta Ortega, Massimo Dutti, Inditex, Ortega, Inditex’s, Aimee Donnellan, BoE, Lisa Jucca, Streisand Neto Organizations: REUTERS, Reuters, Reuters Graphics Reuters, X, Treasury, UBS, Warner Bros Discovery, Thomson Locations: Zara, Madrid, Spain, Asia

☆ H&M to sell second-hand clothes at London store
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

LONDON, Sept 13 (Reuters) - H&M (HMb.ST) plans to sell second-hand clothes and accessories at its flagship store in London from Oct. 5, as pressure increases on fast fashion companies to curb their environmental impact by encouraging the reuse and recycling of garments. It will be the second H&M store to offer second-hand clothes, after Barcelona which opened earlier this year. H&M also has an online second-hand offering in Sweden and Germany. H&M launched a clothing rental service at its Regent Street store in November last year. Zara (ITX.MC) last week launched its online second-hand service in France, having trialled it in Britain since November last year.

Persons: Helen Reid, Alison Williams Organizations: European Union, M's, Regent, Thomson Locations: London, Cos, Monki, Barcelona, Sweden, Germany, Europe, United States, Zara, ITX.MC, France, Britain

☆ Spanish court rejects appeals to suspend banking tax payments
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

MADRID, Sept 11 (Reuters) - Spain's High Court has rejected appeals by lenders Bankinter (BKT.MC), Sabadell (SABE.MC) and Cajasur to suspend payments of the extraordinary banking tax while it reviews the levy's validity, El Economista newspaper reported on Monday. Spain approved in December a temporary 4.8% levy on banks' net interest income and net commissions above a threshold of 800 million euros ($861 million) as part of measures aimed at easing the cost of living of ordinary Spaniards amid high inflation. Some banks and associations objected to the tax and filed challenges before the High Court, while the European Central Bank also warned of adverse effects on the banking system. The High Court could not immediately confirm or deny the report, which also said that the court had refused to raise the question of the levy's constitutionality before the Court of Justice of the European Union. ($1 = 0.9301 euros)Reporting by Emma Pinedo and Jesús Aguado, editing by Andrei Khalip and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Bankinter, Cajasur, El Economista, Emma Pinedo, Jesús, Andrei Khalip, Angus MacSwan Organizations: Economista, Court, European Central Bank, Justice, European Union, Bankinter, Thomson Locations: MADRID, Sabadell, Spain, Kutxabank

Inditex shares have risen around 64% over the past 12 months as the world's biggest clothing retailer successfully passed cost increases on to shoppers and reported record profit margins. But after several U.S. retailers including Macy's and Foot Locker warned of weak consumer spending, fears of an economic slowdown have come back into focus. "I think companies will be more disciplined and will reduce pricing where they think they can gain volumes," said Fabio Di Giansante, portfolio manager at Amundi, which holds shares in Inditex. In the six months to July last year, Inditex's sales increased by 25% and profits climbed by 41% - but that was in comparison with a period marked by COVID-19 lockdowns around the world. According to Bernstein analysts, Inditex's key rival H&M (HMb.ST), set to report third-quarter sales on Friday, has pushed through more price increases than peers over the past year.

Persons: Inditex, Locker, Inditex's, Fabio Di Giansante, Geoffroy De Mendez, De Mendez, Bershka, Massimo Dutti, Bernstein, Amundi's Di Giansante, Helen Reid, Corina Pons, Emelia Sithole Organizations: Macy's, Inditex . Bank of America, Thomson Locations: MADRID, Zara, Amundi, Inditex ., U.S, London, Madrid

☆ European retailers risk dressing-down from investors as consumers flinch
▼ + stars: | 2023-09-11 | by ( Joice Alves | ) www.reuters.com time to read: +5 min

Reuters GraphicsThe broader STOXX 600 (.STOXX) is up by 7% this year, meaning retailers are outperforming by the most on record. The snag is that this stellar run has been partly built on investors unwinding bearish bets, or short positions, on retail stocks, after last year's pessimism proved overdone. This means retail stocks might not see as many willing buyers as earlier this year. Jones expects retail stocks to fall in the second half of the year. JPMorgan downgraded the grocery retail sector this month and flagged the prospect of price declines going into 2024.

Persons: Inditex, unwinding, Benjamin Jones, Jones, Florian Ielpo, Ielpo, WH Smith, Alexandre Bompard, LSEG, Joice Alves, Amanda Cooper, Tomasz Janowski Organizations: Reuters, Macro, Multi, Management, Carrefour, JPMorgan, Deutsche Bank, Thomson Locations: Zara, bullish, LSEG, Britain

☆ Factbox: US offshore wind projects facing inflation headwinds
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +10 min

One megawatt (MW) can power about 1,000 U.S. homes but since wind is an intermittent resource - 1 MW of offshore wind can power about 500 U.S. homes, according to offshore wind developers. SOUTH FORKDenmark's Orsted (ORSTED.CO), the world's largest offshore wind power developer, is building the 132-MW project off Rhode Island and Massachusetts. COMMONWEALTH WINDThe 1,232-MW project off Massachusetts, which was formerly a part of the larger New England Wind project, is also facing potential delays. ATLANTIC SHORES OFFSHORE WIND SOUTHThe joint venture between Shell and French EDF is developing a large offshore wind park off New Jersey. MARWINMaryland's first offshore wind project is expected to start operations in 2025-2026.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, GW, Lazard, Vineyard, Orsted, Eversource, NYSERDA, Norway's Equinor, Avangrid, MARWIN, Nerijus Adomaitis, Nichola Groom, Scott DiSavino, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S, U.S . Department of Energy, Reuters, Washington , D.C, U.S . Energy Information Administration, Avangrid, Copenhagen Infrastructure Partners, Public Service Enterprise, Orsted, Eversource Energy, Rhode Island Energy, Dominion Energy, Virginia Beach, Dominion, NYSERDA, COMMONWEALTH, Shell, EDF, US, Italy's Renexia SpA, US Wind, Thomson Locations: Washington , U.S, U.S, New England, New York, Pennsylvania, Washington ,, Spanish, Copenhagen, Rhode Island and Massachusetts, New Jersey, Rhode, Connecticut, Orsted, VIRGINIA, Virginia, York, Long, Montauk, Massachusetts, French, ATLANTIC, Atlantic Shores, Italy's Renexia, Maryland

☆ WATCH: Kamala Harris dances to Q-Tip's 'Vivrant Thing' as she hosts a celebration honoring the 50th anniversary of hip-hop
▼ + stars: | 2023-09-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

The vice president was seen enjoying the scene and dancing to Q-Tip's 1990s classic "Vivrant Thing." "Hip-hop is the ultimate American art form," Harris said in her remarks to guests at the event. The lyrics flowed: "Imprinted on my mind every minute / Make my plans and you always in it / It's such a vivrant thing / Vivrant thing, a vivrant thing / And even though we both fly / Give each other space and not the evil eye." Advertisement Advertisement Watch:"Hip-hop is the ultimate American art form," Harris said in her remarks, per a pool report. AdvertisementAdvertisement"Every day, Vice President Harris is fighting for the people," Harvey Mason, Jr., chief executive of The Recording Academy, said at the event.

Persons: Kamala Harris, Harris, MC Lyte, Roxanne Shante, Lil, Wayne, Fat Joe, Jeezy, Chuck D, Sen, Raphael Warnock of, Wes Moore, Cori Bush, Harvey Mason , Jr Organizations: Saturday, Service, Naval Observatory, CNN, Gov, Biden, Black, The Recording Academy Locations: Washington, Wall, Silicon, Washington , DC, Raphael Warnock of Georgia, Maryland, Missouri

WASHINGTON (AP) — Vice President Kamala Harris on Saturday hosted a celebration of hip-hop's 50th anniversary with appearances by some of the music genre's pioneers and stars. Common, Jeezy, MC Lyte and Roxanne Shante were among the hip-hop artists invited to join Harris for the party at the vice presidential residence. Harris said hip-hop is “the ultimate American art form” that “shapes every aspect of America’s popular culture.”“Hip-hop culture is American culture,” she told the crowd. Saturday's celebration was a collaboration with Recording Academy’s Black Music Collective and Live Nation Urban. “This is a hip-hop household!” Emhoff said.

Persons: Kamala Harris, Jeezy, MC Lyte, Roxanne Shante, Harris, Clive Campbell, Kool Herc, deejayed, ”, Chuck D, Doug Emhoff, ” Emhoff Organizations: WASHINGTON, —, Saturday, CNN Locations: Bronx, New York City

The payout includes the approximately $8.4 billion of damages Burford sought plus about $7.6 billion of 8% prejudgment interest running from May 3, 2012, about 2-1/2 weeks after the seizure. Argentina, which is in dire financial straits including a scarcity of foreign exchange reserves, pledged an immediate appeal. Shareholders' $8.43 billion damages estimate was based on Argentina's seizure of the YPF shares on April 16, 2012, which they said transferred "control." But the judge found it "telling" that Argentine officials treated April 16 as the seizure date, which stripped Repsol of its power to run YPF and distribute capital. The judge also called 8% interest "appropriate and equitable," and "well within the range" imposed by Argentine courts.

Persons: Loretta Preska, Burford, Preska, Axel Kicillof, Gabriela Cerruti, Cerruti, Nate Raymond, Jonathan Stempel, Adam Jourdan, Rodrigo Campos, Mark Porter, Will Dunham, Richard Chang Organizations: YPF, U.S, District, Burford Capital, Petersen Energia Inversora, Eton Park Capital, Jefferies, Petersen, Eton Park, Argentina, International Monetary Fund, IMF, Argentine, Thomson Locations: Argentina, U.S, Manhattan, Burford, London, New York, Buenos Aires, Qatar, China, Boston

☆ Mexico president backs ruling party candidate after disputed selection process
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Mexico's President Andres Manuel Lopez Obrador and Mexico City Mayor Claudia Sheinbaum attend an event to commemorate the 200th Anniversary of the Consummation of the Independence of Mexico outside the National Palace, in Mexico City, Mexico, September 27, 2021. Lopez Obrador rejected Ebrard's demand that the primary be redone, and said he supported Sheinbaum. It's something historic, unprecedented, and I don't see any problem," Lopez Obrador said about the process where Sheinbaum beat out five other contenders. Lopez Obrador suggested Ebrard may choose to run for the presidency as an independent candidate, adding that he is free to do what he considers best. "This type of process has never been done," Lopez Obrador said, referring to the polls of some 12,500 people that resulted in Sheinbaum becoming the MORENA candidate.

Persons: Andres Manuel Lopez Obrador, Mexico City Mayor Claudia Sheinbaum, Henry Romero, Marcelo Ebrard, MORENA, Lopez Obrador, Ebrard, Lopez, Xochitl Galvez, Dave Graham, Stephen Eisenhammer, Mark Porter Organizations: Mexico City Mayor, REUTERS, Regeneration, ' Movement, Thomson Locations: Mexico, Independence, Mexico City, MEXICO, Sheinbaum

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