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☆ India coach Dravid thrilled with 'phenomenal' Yadav
▼ + stars: | 2022-11-06 | by ( Ian Ransom | ) www.reuters.com time to read: +2 min

The Mumbai magician gave another clinic in range-hitting as he blasted an unbeaten 61 off 25 balls in the 71-run trouncing that booked India a semi-final against England. His strike rate of 193.96 leaves everyone in the shade, though, and will give England's bowlers plenty of food for thought ahead of Thursday's semi-final in Adelaide. It left India's huge army of supporters jumping in the terraces and coach Rahul Dravid reaching for superlatives. "Scoring at a strike rate that he does, it's not easy to be consistent," Dravid told reporters. Dravid said India could make changes for the England showdown depending on the Adelaide pitch but the team's mindset would remain consistent.

☆ Russia's Lukoil rejects U.S. private equity firm's offer to buy its Sicily refinery - FT
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

The report added that Lukoil remains reluctant to sell its Italian refinery to Crossbridge, a decision that could risk thousands of jobs as well as potentially bankrupt the refinery. Lukoil's ISAB refinery in Sicily accounts for around 20% of Italian refining capacity. ISAB has been forced to rely solely on Russian oil after creditor banks halted financing and stopped providing guarantees needed to buy oil from alternative suppliers. Lukoil and Crossbridge Energy did not immediately respond to Reuters' request for comment. ($1 = 1.0063 euros)Reporting by Rishabh Jaiswal in Bengaluru; Editing by Chris Reese and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ Judge asks Rogers, Shaw and competition bureau to convene for talks on Tuesday
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +1 min

Oct 31 (Reuters) - Canada Federal Court Chief Justice Paul Crampton has directed counsel for Rogers Communication Inc (RCIb.TO), Shaw Communications Inc (SJRb.TO) and the Competition Bureau to convene for a further case management conference on Tuesday. Chief Justice Crampton, who is presiding over an antitrust case against Rogers' takeover of Shaw, also asked all the parties to "reflect" about the deal, according to a notice posted on the Competition Tribunals's website. The mediation between Rogers and Shaw and Canada's competition bureau over the companies' C$20 billion ($14.69 billion) merger failed on Thursday, as the parties did not agree on the terms put forward by the tribunal. read moreRogers declined to comment when Reuters reached out to the company about the ruling, while Shaw and the Competition Bureau did not respond to requests for comment. read more($1 = 1.3612 Canadian dollars)Reporting by Rishabh Jaiswal and Juby Babu in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ Credit Suisse nears sale of securitized-products group to Apollo, Pimco - source
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

Oct 26 (Reuters) - Credit Suisse (CSGN.S) is nearing a deal to sell its securitized-products group to investors Apollo Global Management (APO.N) and Pacific Investment Management Co, a person familiar with the matter told Reuters on Wednesday. The Wall Street Journal, which first reported about the development, said Credit Suisse will give details of the sale and other measures for a planned strategy change on Thursday. The consortium including Pimco, a big bond manager, and Apollo, a large alternative asset manager, beat out a group comprised of Centerbridge Partners and Martello Re Ltd., a life and reinsurance company, the WSJ report added. Credit Suisse and Pimco declined to comment, while Apollo, Centerbridge and Martello did not immediately respond to Reuters' requests for comment. Last week, Reuters reported that money managers Janus Henderson Group (JHG.N) and investment firms including Blue Owl Capital Inc (OWL.N) are weighing potential offers for the Swiss bank's U.S. asset management unit.

Out on Southall High Street, pensioner Asma Choudry said she had been living in Britain for 42 years. YOUTH, WEALTH AND RACE1/2 New leader of Britain's Conservative Party Rishi Sunak walks outside the party's headquarters in London, Britain, October 24, 2022. Whatever the driving forces, Sunak will climb even further on Tuesday to take the top job in the land. Rishi Trivedi, 50, a chartered accountant and Conservative Party member from West Drayton in west London, said he was "happy beyond belief", though worried that wealthy Sunak might lack the common touch. Jignesh Patel, a 49-year-old mural painter and another Conservative Party member from nearby Hounslow, just saw "a proud moment" and a potential turning point.

☆ UK's Hunt to propose 'stealth' income tax rise to fill 40 bln pound fiscal hole-FT
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

Oct 21 (Reuters) - UK Chancellor Jeremy Hunt is set to propose a stealth rise in income tax after the next elections to fill a fiscal hole of 40 billion pounds ($45.21 billion), the Financial Times reported on Friday, citing two government sources briefed on his plan. Hunt will extend the current freeze on income tax thresholds and allowances into the next UK parliament, raising around five billion pounds per year by 2027-28, the FT report said, citing government sources. The chancellor is also expected to put off capital projects and squeeze public spending after the next election, which must be held by January 2025, the FT added, citing people briefed on his plans. Register now for FREE unlimited access to Reuters.com RegisterContacted by Reuters, the UK Treasury said it does "not comment on speculation around tax changes outside of fiscal events." Hunt reiterated on Friday that the government will do "whatever is necessary to get drive down debt in the medium term."

Prakash Singh/AFP/Getty ImagesThe recommendation to free the men was made by an advisory panel appointed by the Gujarat government, led by Narendra Modi’s Bharatiya Janata Party (BJP). Some lawmakers and activists have petitioned the Supreme Court for the men to be rearrested. Some saw the assailants’ release as a deliberate pitch for votes from BJP supporters ahead of the Gujarat state election. The couple want the decision reversed, as do those who have filed petitions with the Supreme Court. “We strongly believe that what happened with Bilkis was wrong and the convicts should be sent back to jail,” he said.

☆ Here's an exclusive look at the 10-slide pitch deck commerce startup Fermat used to raise a $12 million supergiant seed round from Greylock
▼ + stars: | 2022-09-19 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +4 min

Fermat raised a $12 million seed round, led by Greylock and QED with participation from Courtside. With Fermat, brands can collaborate with influencers to embed shopping experiences directly into influencer content on any social media platform. However, with Fermat, influencers can access analytics to understand what types of content drives the most engagement and sales. Fermat's recent $12 million funding round is an example of a "supergiant" seed round, in which startups raise more than $10 million. Here's an exclusive look at the 10-slide pitch deck that influencer-driven commerce startup Fermat used to raise $12 million in seed funding from Greylock and QED.

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