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Novak Djokovic's run to 22 Grand Slam titles
  + stars: | 2023-01-29 | by ( ) www.reuters.com   time to read: +8 min
MELBOURNE, Jan 29 (Reuters) - Novak Djokovic beat Stefanos Tsitsipas in the Australian final on Sunday to win a men's record-equalling 22nd Grand Slam title. Tally: Federer 13; Nadal 5; Djokovic 12009: Nadal won his first hardcourt Grand Slam title, edging out Federer in five sets in Australian Open final. Tally: Federer 16; Nadal 10; Djokovic 42012: Djokovic overcame Nadal in the longest Grand Slam final in Open Era to win his third Australian Open title. Nadal maintained his stranglehold on the French Open, before holding off Daniil Medvedev in the U.S. Open final to move within one of Federer's Grand Slam haul. Tally: Nadal 22, Djokovic 21; Federer 202023: Djokovic won a record-extending 10th Australian Open title by beating Tsitsipas for his 22nd Grand Slam title, equalling Nadal's record.
Tally: Federer 13; Nadal 5; Djokovic 12009: Nadal won his first hardcourt Grand Slam title, edging out Federer in five sets in the Australian Open final. Tally: Federer 16; Nadal 10; Djokovic 42012: Djokovic overcame Nadal in the longest Grand Slam final in the Open Era to win his third Australian Open title. Tally: Federer 17; Nadal 14; Djokovic 72015: Djokovic won three majors - the Australian Open, Wimbledon and the U.S. Open. Nadal maintained his stranglehold on the French Open, before holding off Daniil Medvedev in the U.S. Open final to move within one of Federer's Grand Slam haul. Tally: Nadal 22; Djokovic 21; Federer 202023: Djokovic won a record-extending 10th Australian Open title by beating Tsitsipas for his 22nd Grand Slam title, equalling Nadal's record.
Persons: Roland Garros, Serbia's Novak Djokovic, Novak Djokovic, Casper Ruud, Roger Federer, Rafa Nadal, Federer, Mark Philippoussis, Tally, Nadal, Mariano Puerta, Djokovic, Jo, Wilfried Tsonga, Pete Sampras, Andy Murray, Stan Wawrinka, Marin Cilic, Tomas Berdych, Margaret Court, Serena Williams, Steffi Graf, Sampras, Daniil Medvedev, Greece's Stefanos Tsitsipas, Matteo Berrettini, Nick Kyrgios, Tsitsipas, Carlos Alcaraz, Shrivathsa Sridhar, Hardik Vyas, Jan Harvey Organizations: French, REUTERS, Wimbledon, U.S ., U.S, Nadal, Sampras, Djokovic, Roland Garros . Records, Roland, Federer, Melbourne, Flushing, Thomson Locations: Paris, France, PARIS, Swiss, U.S, New York, Flushing Meadows
Gunfire erupted inside a Louisiana night club early Sunday, wounding 12 people in yet another U.S. mass shooting, authorities said. The bloodshed at Dior Bar & Lounge in Baton Rouge unfolded at about 1:36 a.m. CT, police said, less than an hour after 10 people were gunned down at a Southern California dance hall about 1,800 miles west. Dior Bar & Lounge in Baton Rouge, La. Google MapsAll 12 who were shot were taken to hospitals by ambulance or private cars, Baton Rouge Police Sgt. We must demand our leaders lead and act at all levels to address our nation’s gun violence epidemic.”
LONDON, Dec 29 (Reuters) - Oil prices pared losses after falling by over $2 earlier in the session, as a weaker dollar partially offset demand fears resulting from surging COVID-19 cases in China. U.S. West Texas Intermediate crude futures fell $1.07, or 1.36%, to $77.89 a barrel, after reaching session lows of $76.79. A weaker dollar makes oil cheaper for holders of other currencies and can boost demand. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap.
Oil falls as China COVID spike dampens demand outlook
  + stars: | 2022-12-29 | by ( Rowena Edwards | ) www.reuters.com   time to read: +2 min
LONDON, Dec 29 (Reuters) - Oil prices fell by over 2% on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap. Germany said the ban has "no practical significance" as the country has been working since spring to replace Russian oil supplies and ensure security of supply. Russian oil pipeline operator Transneft said Kazakhstan's KazTransOil had requested an additional 1.2 million tonnes of capacity on the Druzhba pipeline for 2023 to facilitate extra oil shipments to Germany, the RIA Novosti news agency reported.
SINGAPORE, Dec 29 (Reuters) - Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. Brent futures for February fell 26 cents, or 0.3%, to $83.00 a barrel by 0430 GMT, while U.S. crude fell 26 cents, or 0.3%, to $78.70 a barrel. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. However, that comes as an Arctic freeze has forced some oil refining facilities offline, backing up crude supplies. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap.
Oil prices ease, China Covid spike hurts demand outlook
  + stars: | 2022-12-29 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices ticked down on Thursday as surging Covid cases in China dimmed hopes of a recovery in fuel demand in the world's second-biggest oil consumer. Brent futures for February delivery fell 42 cents, or 0.5%, to $82.84 a barrel, by 0123 GMT, while U.S. crude fell 50 cents, or 0.6%, to $78.46 per barrel. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Also weighing on prices, pipeline operator TC Energy said it was working to restart the portion of the Keystone pipeline that was forced shut after a leak earlier this month. Germany said the ban has "no practical significance" as the country has been working since spring to replace Russian oil supplies and ensure security of supply.
Dec 29 (Reuters) - Oil prices ticked down on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand in the world's second-biggest oil consumer. Brent futures for February delivery fell 42 cents, or 0.5%, to $82.84 a barrel, by 0123 GMT, while U.S. crude fell 50 cents, or 0.6%, to $78.46 per barrel. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Also weighing on prices, pipeline operator TC Energy said it was working to restart the portion of the Keystone pipeline that was forced shut after a leak earlier this month. Germany said the ban has "no practical significance" as the country has been working since spring to replace Russian oil supplies and ensure security of supply.
TC Energy shut the pipeline after the spill was discovered late last Wednesday. The 622,000 barrel-per-day Keystone line ships heavy Canadian crude from Alberta to refiners in the U.S. Midwest and the Gulf Coast. Prices for sour crude grades in the U.S. Gulf of Mexico were strengthening on Monday, as the shutdown means more demand for heavier Gulf barrels. TC Energy said on Sunday that it has more than 250 people working on the leak, including third-party environmental specialists. The U.S. Environmental Protection Agency and pipeline regulator the Pipeline and Hazardous Materials Safety Administration (PHMSA) are also on the scene.
WASHINGTON—Women’s basketball star Brittney Griner has been released by Russia from a penal colony in a negotiated prisoner release deal that exchanged her for Russian arms dealer Viktor Bout, U.S. officials said, capping months of negotiations between two superpowers whose relations are at their lowest point since the end of the Cold War. A U.S. official said that Ms. Griner’s release has been secured and she is in the custody of U.S. officials. Another U.S. official said that the president, vice president, Secretary of State and Ms. Griner’s wife spoke with Ms. Griner from the Oval Office.
Nearly two months after President Joe Biden vowed "there will be consequences" for Saudi Arabia’s actions to cut oil production, the U.S. is not actively considering any significant retaliatory actions against the kingdom, according to two U.S. officials. U.S. and Saudi relations hit a low point after Saudi Arabia pushed OPEC members to cut oil production by 2 million barrels per day at their Oct. 6 meeting. Officials, however, also anticipate calls for imposing a cost on Saudi Arabia to ramp back up if OPEC again cuts oil production. The Biden administration's about-face on the oil issue is not the first time it has failed to follow through on a threat to Saudi Arabia. In the lead-up to the 2020 election, Biden vowed to treat Saudi Arabia as a "pariah" state in response to the killing of Washington Post columnist Jamal Khashoggi.
Since Biden took office in January 2021, his administration has struggled both operationally and politically with record numbers of migrants crossing the U.S.-Mexico border illegally. Another U.S. official said the Biden administration is also considering other Trump-era deterrents that include having Border Patrol agents conduct accelerated asylum screenings. The policies under consideration, if adopted, would sharply backtrack on those pledges and have already drawn concern from immigration advocates. Similar Trump policies were challenged in court and overturned. Republicans, who take control of the U.S. House of Representatives in January, have assailed Biden's handling of the border and threatened to impeach his top border official, Homeland Security Secretary Alejandro Mayorkas.
SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) - The United States is working to find a way it can agree to proposals put forward at the COP27 summit in Egypt on creating a fund to help developing countries meet the cost of climate disasters, a source close to the negotiations said on Saturday. Another U.S. source familiar with the negotiations said the U.S. had been "deeply involved" in the negotiations on the 'loss and damage' deal. Reporting by Valerie Volcovici, writing by William James, Editing by Dominic EvansOur Standards: The Thomson Reuters Trust Principles.
LONDON — Another U.S. citizen has died fighting in Ukraine, two people with knowledge of his death told NBC News on Monday, bringing the number of Americans killed in Russia’s war to at least six. Griffin had been taking part in Ukraine’s counteroffensive on the eastern front, according to the International Legion. The next month, 52-year-old Stephen Zabielski of Hernando, Florida, was killed fighting in the village of Dorozhniank. And in July, the State Department confirmed that two more Americans had been killed in eastern Ukraine. Last week, the body of a fifth American killed in Ukraine, 24-year-old Joshua Jones, was returned by Russia to Ukrainian custody.
Wall Street's worried China's draconian Covid-19 restrictions — which have weighed heavily on the world's second largest economy for nearly three years — could drag down earnings at Estee Lauder (EL) and Starbucks (SBUX) when the two U.S. companies report this week. Estee Lauder reports its 2023 fiscal first-quarter results Wednesday before the opening bell. Coffee chain Starbucks, which relies on China for roughly 13% of sales, is another U.S. retailer facing "mounting China concerns," according to Baird. Similarly with Estee Lauder, we're convinced that once Covid restrictions are lifted, Chinese demand for its beauty products will improve. Beyond the China headwind, we maintain our thesis that Estee Lauder is a leader is its industry that can withstand short-term pressures.
Morning Bid: Tech melts, buck bounces
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +3 min
All of which raises some questions about the price at which Elon Musk eventually agreed to buy Twitter. But the dollar rallied on Friday as other central banks looked to more than match any easier Fed tilt. Eyes are shifting to another U.S. inflation update later, with European growth and inflation numbers surprising to the upside. Although spurred back higher on Friday by the inflation news, European bond markets had a dovish take on Thursday's doubling of European Central Bank interest rates to 1.5%. Key developments that should provide more direction to U.S. markets later on Friday:* U.S. September PCE price index, personal income and consumption.
MEXICO CITY — The Mexican government filed another U.S. gun lawsuit Monday, this time against five U.S. gun shops and distributors it claims are responsible for the flow of illegal weapons into Mexico. Mexico’s first lawsuit, which was recently dismissed, targeted U.S. gun manufacturers. The announcement comes several days after a U.S. federal judge dismissed Mexico’s first lawsuit against U.S. gun manufacturers; Mexico has said it will appeal that decision. The law shields gun manufacturers from damages “resulting from the criminal or unlawful misuse” of a firearm. The Mexican government estimates 70% of the weapons trafficked into Mexico come from the U.S., according to the Foreign Affairs Ministry.
TAIPEI, Sept 28 (Reuters) - Taiwan's central bank said on Wednesday it will not adopt foreign exchange control measures and that foreign exchange management measures are enough to maintain financial market stability. Taiwan has never implemented foreign exchange controls and foreign exchange management measures are sufficient to maintain financial market stability, it added. If another U.S. rate hike causes a large outflow of foreign capital, the bank said it has sufficient capacity to respond to fluctuations in the foreign exchange market. "The bank will not adopt foreign exchange control measures," it added. In its statement, the bank noted Taiwan's large foreign exchange reserves, sound balance of payments, trade surplus and very low foreign debt levels.
Register now for FREE unlimited access to Reuters.com RegisterU.S. Vice President Kamala Harris speaks to the media during her visit to Zojoji Temple on the day of the state funeral for slain former Prime Minister Shinzo Abe, in Tokyo, Japan September 27, 2022. REUTERS/Leah Millis/PoolTOKYO, Sept 27 (Reuters) - Vice President Kamala Harris will meet on Wednesday in Japan with heads of semiconductor-related businesses as the Biden administration works to boost U.S. chips manufacturing, according to a senior administration official. Register now for FREE unlimited access to Reuters.com RegisterU.S. President Joe Biden has prioritised building high-tech chips in an effort to preserve high-paying American jobs and counter the rising market dominance of China, who he views as Washington's key strategic competitor. Those shortages have worsened U.S. consumer price inflation, which topped 8% on an annual basis in August. Register now for FREE unlimited access to Reuters.com RegisterReporting by Trevor Hunnicutt; Additional reporting by Daniel Leussink; Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
(Adds names of companies, background on chips shortage)TOKYO, Sept 27 (Reuters) -Vice President Kamala Harris will meet on Wednesday in Japan with heads of semiconductor-related businesses as the Biden administration works to boost U.S. chips manufacturing, according to a senior administration official. She is also expected to tout the benefits of those companies moving manufacturing hubs away from a dependence on single, low-cost countries like China to prevent disruptions. President Joe Biden has prioritised building high-tech chips in an effort to preserve high-paying American jobs and counter the rising market dominance of China, who he views as Washington’s key strategic competitor. Those shortages have worsened U.S. consumer price inflation, which topped 8% on an annual basis in August. (Reporting by Trevor Hunnicutt; Additional reporting by Daniel Leussink; Editing by Louise Heavens and Mark Porter)
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