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☆ Mediobanca open to talks on Banca Generali buyout if asked
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

Last month a source said insurer Generali (GASI.MI) could sell Banca Generali (BGN.MI) to Mediobanca to raise cash for a potential big deal of its own in the United States. If we are contacted, we are willing to talk about it," Nagel told a briefing call when asked about a possible interest in Banca Generali. "This applies to every asset," he added, not only to Banca Generali. To grow Mediobanca's wealth management operations, Nagel in 2020 considered swapping the group's 13% stake in Generali with Banca Generali. Net income in the quarter came in at 263 million euros ($264.2 million), above an analyst consensus provided by the bank of 230 million euros.

☆ Mali threatens to defend against French sovereignty violations
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +3 min

Its relations with Mali have soured since an August 2020 coup and it is withdrawing troops sent in 2013 to help fight the insurgency. France's representative denied the "defamatory" accusations, defended its intervention in Mali as fully transparent and said the country had never violated any airspace. Other European countries have ended their military involvement in Mali this year, often citing the junta's collaboration with Russian fighters. Islamist militants have since advanced further into eastern Mali, seizing territory and killing hundreds of civilians as thousands more fled. Mali has faced instability since 2012, when Islamist militants hijacked a Tuareg rebellion in the north.

☆ Prayers and release of birds to mark 20 years since Bali bombing
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +4 min

Doves are released during a memorial service to mark the 20th anniversary of the Bali bombings, which killed 202 people including 88 Australians, at Coogee Beach in Sydney, Australia, October 12, 2022. People of about 20 other nationalities also died in the attacks on the island that is a popular holiday destination, especially for visitors from nearby Australia. Register now for FREE unlimited access to Reuters.com RegisterA ceremony including peace prayers and the symbolic release of 20 birds will be among several events taking place on the predominantly Hindu island, including at a memorial erected in the area of the blasts. Prime Minister Anthony Albanese spoke at a ceremony at Coogee Beach in Sydney, home to the Dolphins rugby team, which lost six members in the attacks. "Even when I realise I am not in Kuta traffic, I can shake in fear, break out in a cold sweat and feel really scared."

☆ Boxing legend Wladimir Klitschko is fighting on the front line to defend Ukraine – here's how investing legends Warren Buffett and Ray Dalio inspired the head of his $100 million family office
▼ + stars: | 2022-03-17 | by ( George Glover | ) www.businessinsider.com time to read: +5 min

Insider spoke to Kostya Kovalchuk, the investing chief of Klitschko's $100 million family office. KLIWLA allocates around 35% of its $100 million assets under management to Ukraine, and invests the other 65% internationally. "Wladimir is optimistic, very entrepreneurial and always interested in meeting new people", Kovalchuk told Insider. Value investingKovalchuk allocates Klitschko's $100 million portfolio through specialist managers who better understand tech and commodities. Commodities also play a major role in Klitschko's $100 million portfolio.

☆ This 33-year-old left the U.S. for Bali and lives a ‘life of luxury’ on $2,233 a month—how he spends his money
▼ + stars: | 2022-02-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +7 min

In 2016, he finished his double master's degree in epidemiology and behavioral science at San Diego State University. Once his visa expired, he traveled to Mexico for four months, then went back to San Diego. 'I'm living a life of luxury'Since moving to Bali, Gbenro has been able to spend more on travel, dining and other hobbies as well as boost his savings. "I'm never worried about money anymore because Bali has a much lower cost of living than the U.S.," he says. For his first nine months in Bali, Gbenro used a tourist visa.

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