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Ukraine says two killed, seven injured as Russia shells Kherson
  + stars: | 2023-12-03 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Debris is scattered inside an apartment after shelling in a residential block in Kherson, Ukraine, in this screengrab taken from a video released on December 3, 2023. Roman Mrochko, head of Kherson city's military administration, said shelling killed two people and injured seven in an area in and around Kherson city. The Kherson military administration said on the Telegram messaging app that shelling of the village of Sadove east of Kherson city killed a 78-year-old man in a private garage, adding, "He died on the spot from the explosive injury." Regional governor Oleksandr Prokudin said the Kherson city shelling killed an elderly woman at a bus stop beside a high-rise building. Prokudin, the Kherson regional governor, said Russian shells also damaged the facades of two nearby hospital buildings, but added that there were no casualties.
Persons: Roman Mrochko, Oleksandr Prokudin, Mrochko, Pavel Polityuk, Elaine Monaghan, Bernadette Baum, Chizu Organizations: Kherson Regional, Administration, Handout, REUTERS Acquire, Rights, Reuters, Thomson Locations: Kherson, Ukraine, Kherson city, Dnipro, Roman, Sadove, Kyiv, Washington
But Republicans are thriving on Long Island, and they could win the upcoming special election. AdvertisementRepublican Anne Donnelly won the Nassau County district attorney's race in 2021. Republicans actually have a benchRepublicans in recent years have begun to claw back power across Long Island. Joe Cairo, the chairman of the Nassau County Republican Committee, is currently interviewing roughly 22 individuals for the seat. But Republicans can't be discounted in the district given the current political shifts on Long Island.
Persons: George Santos, , Trump, Joe Biden, they've, Santos, Kathy Hochul, Lee Zeldin, Nick LaLota, Anthony D'Esposito, Andrew Garbarino, Republican Anne Donnelly, Mary Altaffer Zeldin, Robert Zimmerman, Bruce Blakeman, Laura Curran, Sen, Todd Kaminsky, Republican Ed Romaine, Alex Brandon, Joe Cairo, Mazi Melesa, Elaine Phillips, Jack Martins, Mike Sapraicone, Kellen Curry, Tom Suozzi, Hochul, Suozzi, Hakeem Jeffries, Jay Jacobs, Anna Kaplan Organizations: New, Congressional, Service, Republicans, Republican, Gov, Democrat, Republican Long, Hochul, GOP, AP, Democratic, NYPD, Nassau, Nassau County Republican, Air Force, Long Islanders, The New York Times, Nassau County Democratic Party Locations: Long, North Shore, Queens, United States, Nassau, Suffolk, Nassau County, New York State, Mazi Melesa Pilip, New York City, Santos, Glen, Brooklyn
Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.
Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's
Despite weak poll numbers and questions, including from some Democrats, about his age, Biden has stuck to his plan to seek a second term after clearing the field of serious Democratic primary challengers when he announced in April that he was running again. Biden loyalists, citing his record in office, argue that the party does not need a backup plan to defeat probable Republican nominee Donald Trump, who Biden beat in the 2020 election. To the chagrin of the White House, Biden's age has become a defining part of the 2024 campaign. "If he continues to run, he will be the nominee of the Democratic Party. In 1972, then Senator George Eagleton withdrew as Democratic presidential candidate George McGovern's vice presidential running mate after revelations of his treatment for depression forced him out of the race.
Persons: Joe Biden, Eisenhower, Evelyn Hockstein, Biden, Donald Trump, Biden's, Kamala Harris, ” Biden, Daniel Wessel, Trump's, Trump, David Axelrod, Barack Obama's, Axelrod, Marianne Williamson, Dean Phillips, Harris, Gavin Newsom, Elaine Kamarck, George Eagleton, George McGovern's, Sargent Shriver, McGovern, Newsom, Ron DeSantis, Jeff Mason, Heather Timmons, Alistair Bell Organizations: REUTERS, Rights, Democratic Party, Democratic, Biden, Republican, Democrat, Reuters, MAGA, Republicans, Trump, White, Twitter, U.S, Brookings Institution, Democratic National Committee, DNC, Thomson Locations: Washington , U.S, Nevada, South Carolina, Georgia, California , Illinois, Michigan, Chicago, California, Washington, Florida
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon MusicDealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Elon Musk’s Starlink satellites connect every corner of the world to the internet. His electric car company, Tesla, has prodded the automotive industry toward a self-driving, battery-powered era. His 2022 purchase of Twitter promised a “common digital town square,” but a year later, the platform — now called X — has become a lightning rod for controversy. Earlier this month, IBM and other big brands pulled their spending from the social media platform after Musk endorsed an antisemitic post.
Persons: Elon Musk’s, , X Organizations: Spotify, Elon, Twitter, IBM Locations: New York City
Microsoft's $3.2 bln UK investment to drive AI growth
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +2 min
Britain's Prime Minister Rishi Sunak and Microsoft President Brad Smith attend the AI Safety Summit in Bletchley Park, near Milton Keynes, Britain, November 2, 2023. Britain, where the economy is forecast to be sluggish in the coming years, is pushing for private investment to help fund new infrastructure, particularly in growth industries like AI. "Today's announcement is a turning point for the future of AI infrastructure and development in the UK," Sunak said in a statement on Thursday. Since then, the UK regulator waved through a restructured version of Microsoft's $69 billion acquisition of Activision Blizzard , putting Britain back in Microsoft's favour. The investment includes a training plan to help ensure Britons have the skills they need to build and work with AI, it added.
Persons: Rishi Sunak, Brad Smith, Toby Melville, Sunak, Microsoft's, Smith, Jeremy Hunt, Sarah Young, Elaine Hardcastle Organizations: Britain's, Microsoft, REUTERS, U.S ., Activision Blizzard, Thomson Locations: Bletchley Park, Milton Keynes, Britain, Microsoft's, London
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon MusicDealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. When he was last chief executive of Disney, one of Bob Iger’s favorite things to do was to sit in a reconstruction of Walt Disney’s office. “It sounds a little weird,” Iger told Andrew Ross Sorkin of The Times at the DealBook Summit, “but it’s kind of a nice way to relax and appreciate the legacy of the company.”
Persons: Bob Iger’s, Walt, Iger, Andrew Ross Sorkin, Organizations: Spotify, Disney, The Times Locations: New York City
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon Music“DealBook Summit” includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Jamie Dimon, the chief executive of JPMorgan Chase & Company, is as close as Wall Street has to a statesman. And he is worried. “We’re in a sugar high” from government stimulation during the coronavirus pandemic and other programs, Dimon told Andrew Ross Sorkin of The New York Times at the DealBook Summit. With the conflicts in Gaza, Ukraine and elsewhere, combined with inflation and rising interest rates in the United States, he sees ominous warning signs.
Persons: Jamie Dimon, , Dimon, Andrew Ross Sorkin Organizations: Spotify, JPMorgan Chase & Company, The New York Times Locations: New York City, Gaza, Ukraine, United States
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon MusicDealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Kevin McCarthy’s contentious tenure as speaker of the House came to an end earlier this fall, when members of his own caucus led an effort to oust him from the post. Now the new speaker, Mike Johnson, must find a way to bring together a fractured House and avoid the looming threat of a government shutdown. The former speaker detailed his time in House leadership, the party politics behind his removal and the volatile state of modern Republicanism.
Persons: Kevin McCarthy’s, Mike Johnson Organizations: Spotify Locations: New York City
GSK had previously forecast 2023 sales for Arexvy between 900 million pounds and 1 billion pounds ($1.26 billion) following a strong U.S. launch. "We’re delighted with the start of our RSV vaccine," Walmsley said in a Reuters Newsmaker interview. The U.S. Food and Drug Administration (FDA) approved Arexvy for adults aged 60 years or older in May and GSK launched the vaccine in the U.S. later in the year. GSK made close to two-thirds of RSV doses given in the United States since early September, according to IQVIA data earlier this month. On Tuesday, rival Pfizer (PFE.N) said it was disappointed in the performance of its RSV shot Abrysvo compared with GSK.
Persons: Walmsley, GSK's, Emma Walmsley, We’re, David Denton, AstraZeneca's, commercialise Johnson, Ludwig Burger, Michael Erman, Josephine Mason, Kirsten Donovan, Elaine Hardcastle Organizations: GSK, Reuters, U.S . Food, Drug Administration, Pfizer, U.S, Thomson Locations: British, U.S, Europe, Japan, United States
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon MusicDealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. With the 2024 election less than a year away, the Biden-Harris administration must navigate a host of challenges at home and abroad, including inflation and partisan gridlock, and conflicts in Gaza and Ukraine. Vice President Kamala Harris defended the administration’s economic record, pointing to record low unemployment and wage growth, and deflected concerns about Biden’s age. In talking about the Israel-Hamas war, which seems to have prompted an upsurge of antisemitism, Harris emphasized that she believed social divisions based on race, religion or otherwise had long existed in the country. It was just a matter of what might trigger a flare-up.
Persons: Harris, Kamala Harris Organizations: Spotify, Biden Locations: New York City, Gaza, Ukraine, Israel
Donations were up $20 million on Tuesday, a 0.6% increase over last year before adjusting for inflation, the nonprofit said. GivingTuesday makes its estimate by drawing on data from donor management software companies, donation platforms, payment processors and donor-advised funds. Political Cartoons View All 1273 ImagesIt's still too early to know whether end-of-year giving will pull charitable donations back up this year. “We absolutely lean into those traditional cycles of giving, which I feel like GivingTuesday really capitalizes on,” she said. GivingTuesday's estimates don't include gifts to mutual aid groups, donations to political organizations or gifts made directly to individuals, Rosenbaum said.
Persons: GivingTuesday, , Woodrow Rosenbaum, Rosenbaum, Elaine Kenig, , Kenig, Naomi Thompson, ” Rosenbaum Organizations: , , ” Nonprofit, Vanguard Charitable, Lilly Endowment Inc, AP Locations: U.S, Maui, Northern Ireland
Lyew identifies as a highly sensitive person or HSP, a term popularized by psychology researcher Elaine Aron. AdvertisementImi Lo , a mental health consultant who works with highly sensitive clients, said that more awareness of HSPs is important. You may have some sensory sensitivitiesHSPs "can be quite physically sensitive," Lo said, whether they're bothered by uncomfortable clothing, strong smells, or loud noises. Being put on the spot can also cause a highly sensitive person's mind to go blank. "If you know that you are highly sensitive, then you can actually do things to manage your sensitivity, and even use it as a strength," she said.
Persons: , Sylina Lyew, Elaine Aron, Lyew, you've, Lo, they're, HSPs, Aron Organizations: Service
Julius Baer declines to confirm Signa exposure
  + stars: | 2023-11-29 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, Nov 29 (Reuters) - Julius Baer's Chief Executive declined to confirm on Wednesday whether the private bank's 606 million Swiss franc ($693 million) exposure it disclosed earlier this week is to toppled property giant Signa. The CEO said it was too early to say what specific lessons could be learned relating to the large exposure in its private debt business. Troubled property group Signa, which owns scores of high-profile projects and department stores, declared insolvency on Wednesday. Signa, controlled by an Austrian magnate, has borrowed heavily from banks including Julius Baer, which on Monday disclosed it had an exposure of more than 600 million Swiss francs, the largest in its private debt loan book, to a European conglomerate. "I believe Julius Baer will be able to continue its risk appetite and its risk capacity as we have on average in the last few years."
Persons: Julius Baer's, Philipp Rickenbacher, Julius Baer, Rickenbacher, Noele Illien, Elaine Hardcastle, Tomasz Janowski Organizations: Financial Times, Global Banking, Thomson Locations: ZURICH, Austrian
[1/2] Ukrainian servicemen move past a burning car hit by a kamikaze drone outside the front line town of Avdiivka, amid Russia's attack on Ukraine, in Donetsk region, Ukraine November 8, 2023. In his nightly video address, Zelenskiy said relentless, intense battles were ongoing in the eastern regions of Donetsk and Kharkiv, while "extremely challenging weather" was affecting areas from Kyiv region in the north to Odesa in the south. In Russian-controlled territory, Oleg Kryuchkov, a senior Moscow-installed official, said nearly half a million people were without power in Crimea, the peninsula Russia annexed in 2014. Ukraine's border service said Moldova had temporarily suspended vehicle access to its territory from two crossing points in Odesa region. Moldovan authorities also asked local schools to consider closing due to snowfall and high winds.
Persons: Nuzhnenko, Volodymyr Zelenskiy, Ukraine's, Zelenskiy, Oleg Kryuchkov, Henadii Trukhanov, Oleksandr Kozhukhar, Alexander Tanas, Elaine Monaghan, Alexander Smith, David Gregorio Our Organizations: servicemen, Radio Free, Radio Liberty, REUTERS Acquire, Rights, Odesa, Thomson Locations: Avdiivka, Ukraine, Donetsk region, Radio Free Europe, Donetsk, Kharkiv, Kyiv, Odesa, Moscow, Crimea, Russia, Sevastopol, Kherson, Moldova, Odesa region, Chisinau, Washington
"The enemy is intensifying its attacks, trying to destroy Ukraine and Ukrainians," he said in a post on the Telegram messaging app. Ukraine's air force initially said 71 of the 75 drones had been shot down, but subsequently revised the number of downed craft to 74. Its spokesperson said on television that 66 of those had been downed over Kyiv and the surrounding region. [1/12]Employees carry items inside a building of a kindergarten damaged during Russian drone strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine November 25, 2023. REUTERS/Valentyn Ogirenko Acquire Licensing RightsFragments from a downed drone had started a fire in a children's nursery, he said.
Persons: Zelenskiy, Dmytro Kuleba, Mykola Oleschuk, Vitali Klitschko, Valentyn, Volodymyr Zelenskiy, Serhiy Fursa, Max Hunder, Nick Starkov, Ron Popeski, Elaine Monaghan, Jacqueline Wong, Alexandra Hudson, Mark Potter, Diane Craft Organizations: REUTERS, Facebook, Thomson Locations: Russia, Ukraine, Kyiv, Russian, Soviet Union, Moscow, Ukrainian
[1/4] Workers prepare to lift the statue of Ukrainian serviceman Oleksandr Matsievskyi, who was executed by Russian troops in 2022, at his memorial site, amid Russia’s attack on Ukraine, in Nizhyn, Ukraine, November 24, 2023. REUTERS/Thomas Peter Acquire Licensing RightsNIZHYN, Ukraine, Nov 25 (Reuters) - A Ukrainian soldier who was posthumously awarded a medal after a widely shared video showed him declaring "Glory to Ukraine" before apparently being shot dead, was commemorated with a statue in his northern hometown on Saturday. Kyiv blamed "brutal and brazen" Russians for his death, as did his mother Paraska Demchuk, 68. "He would say to me, 'Mum, I will never let them capture me'," she said through tears. Additional reporting by Max Hunder and Nick Starkov; writing by Elaine Monaghan; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Oleksandr Matsievskyi, Thomas Peter Acquire, Oleksandr Matsievskiy, Slava Ukraini, Paraska Demchuk, Volodymyr Zelenskiy, Matsievskiy, Slava, Max Hunder, Nick Starkov, Elaine Monaghan, Hugh Lawson Organizations: Workers, REUTERS, Ukraine, Thomson Locations: Ukraine, Nizhyn, Ukrainian, Chernihiv
"There is a deficit of air defence - that is no secret," Zelenskiy told the Grain from Ukraine summit, which was attended by senior officials from European countries, including Swiss President Alain Berset and Lithuanian Prime Minister Ingrida Simonyte. Zelenskiy was speaking after Russia attacked Ukraine with 75 drones overnight, the biggest drone assault of the war. Zelenskiy said Ukraine would be supplied by its foreign partners with vessels to accompany convoys of cargo ships from Ukraine's ports to guarantee their security. Ukraine, a major exporter of grain, has been exporting grain via unilateral corridors through the Black sea, after Russia withdrew in July from a UN-brokered deal to allow grain ships through its blockade. "There are certain air defence systems... we are asking for them," Zelenskiy said.
Persons: Volodymyr Zelenskiy, Alain Berset, Edgars Rinkevics, Ingrida Simonyte, Zelenskiy, Ursula von der Leyen, We've, Max Hunder, Elaine Monaghan, Hugh Lawson Organizations: Lithuanian, Russia, UN, Thomson Locations: Swiss, Latvian, Ukraine, Kyiv, KYIV, Russia, Odesa, Ukraine's, Washington
Since 2021, the SEC has rejected multiple applications to issue spot bitcoin ETFs, arguing that the cryptocurrency market is vulnerable to manipulation. In August, a federal court ruled that the SEC wrongly rejected Grayscale Investments' application to convert its Bitcoin Trust into a spot bitcoin ETF. SEC chair Gary Gensler said last month that the SEC is evaluating as many as 10 spot bitcoin ETF proposals. The average fee levied on U.S. ETFs currently hovers around 0.54%, but Ark's proposed fee of 0.80% is significantly lower than the 2% that Grayscale currently charges investors on its spot bitcoin trust. If the SEC does approve some or all of the pending spot bitcoin ETF applications in early January, industry participants and analysts expect a fierce battle for market share to follow.
Persons: Cathie Wood, 21Shares, Gary Gensler, Ark's, It's, Suzanne McGee, Elaine Hardcastle Organizations: ARK Investment Management, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Swiss
Currently, only six states offer internet casino gambling: New Jersey, Connecticut, Delaware, Pennsylvania, Michigan and West Virginia. (Nevada offers internet poker but not online casino games; Rhode Island has passed an online casino bill, but it is not expected to go into effect until March 2024.) One of those states may be Indiana, where an online casino bill died in February due in large part to fears that it would hurt the state’s existing physical casinos. Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, noted that in most internet gambling states, brick-and-mortar gambling revenue has grown alongside that of internet betting, although at a slower pace. “Casino revenue after the pandemic has stabilized, and online revenue is setting new records."
Persons: , Howard Glaser, Chris Krafcik, Krafcik, ” Krafcik, Elaine Vallaster, , Vallaster, “ I've, David Rebuck, Jane Bokunewicz, Lloyd Levenson, Richard Schwartz, Schwartz, Wayne Parry Organizations: CITY, , Atlantic, Rhode, , state’s Legislative Services Agency, American Gaming Association, New, New Jersey Division of Gaming Enforcement, Stockton University, Rush Street Interactive, Twitter Locations: N.J, New Jersey, America, New Jersey , Connecticut, Delaware , Pennsylvania, Michigan, West Virginia, Nevada, U.S, Indiana, state’s, Pennsylvania, Connecticut, Delaware, Atlantic City, “ New Jersey, www.twitter.com
Vacuum maker Dyson has in recent years tied up with eBay UK to sell officially refurbished products at a hefty discount to the price of new ones. Some 23% of consumers globally say they are buying more second-hand products, according to the EY Future Consumer Index, a survey of 22,000 consumers published earlier this month. "I found a waistcoat for my dad in a charity shop in Peckham the other day – I saw it and I thought I have to get it, he's going to love it," Baker said as she browsed in a Crisis charity shop in Camberwell, south-east London. In the fourth quarter of last year, sales in UK charity shops grew by 8.6% compared the previous year, according to the Charity Retail Association. Lesley Wright, a volunteer at an Oxfam shop in Brighton, England, is gearing up for her "busiest-ever" holiday season.
Persons: Eve Williams, Dyson, Lorna Fallon, Lucy Baker, Baker, Lesley Wright, Wright, Richa Naidu, Helen Reid, Matt Scuffham, Elaine Hardcastle Organizations: eBay Inc, Oxfam, Apple, eBay, Dyson, Regent, Sustainability, Charity Retail Association, Reuters, Thomson Locations: British, London, Peckham, Camberwell, Brighton , England
Enel, hitherto the world's biggest listed renewables developer, plans 35.8 billion euros ($39 billion) of gross capital expenditure in its plan to 2026, of which nearly 19 billion euros will help to modernise and make its networks more resilient. Shares in the state-controlled power group were down 0.4% at 1530 GMT paring a 1% initial loss on the Milan bourse and underperforming a nearly flat blue-chip index. Rising indebtedness was one of the reasons why the Italian government, which is the single biggest shareholder in Enel, decided to oust the group's previous CEO, Francesco Starace. New CEO Flavio Cattaneo pledged to spend only the cash generated by the business, without increasing the debt pile. The group will devote some 3 billion euros to actively manage its customer portfolio through bundled offers, which will include different commodities and services.
Persons: Antonio Parrinello, Enel, Francesco Starace, Flavio Cattaneo, Cattaneo, Stefano De Angelis, Starace, Francesca Landini, Giancarlo Navach, Keith Weir, Giulia Segreti, Elaine Hardcastle, Jonathan Oatis Organizations: REUTERS, Milan bourse, Thomson Locations: Catania, Italy, MILAN, Milan, Enel
NatWest Group bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. "I will explore options for a NatWest retail share offer in the next 12 months subject to supportive market conditions and achieving value for money," Hunt said on Wednesday. NatWest shares dipped on Hunt's comments and were last down 1.1% at 204.7 pence, compared with a 0.2% fall in the FTSE 100 (.FTSE) index. The stock is the worst performing FTSE 100 British bank stock this year, down more than a fifth, according to Eikon data. That investment turned sour for many and shares in the renamed holding company International Distributions Service (IDSI.L) are now worth 25% less than its 330 pence offer price.
Persons: Dado Ruvic, Jeremy Hunt, Hunt, Sid, Alasdair Haynes, Nigel Farage, Alison Rose, Iain Withers, Sinead Cruise, David Milliken, Sarah Young, William James, Elaine Hardcastle, Alexandra Hudson Organizations: NatWest Group, REUTERS, Companies, NatWest, Aquis, Royal Mail, Distributions Service, Alexandra Hudson Our, Thomson
The logo of Amazon is seen at the company logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsNov 22 (Reuters) - Spain's anti-trust watchdog on Wednesday cleared Amazon (AMZN.O), Booking Holdings (BKNG.O) and Tripadvisor (TRIP.O) of participating in or facilitating fake reviews on their websites. CNMC, as the watchdog is known had been looking into a complaint lodged by a local association defending consumers. "CNMC found no indication that the platforms have participated in or facilitated the publication of these false opinions," it said in a statement, adding that the companies invested in detecting fake reviews and collaborated with ongoing investigations. The watchdog has, however, detected possible signs of a violation of consumer protection regulations, and therefore sent the complaint to the consumer rights authority. An Amazon spokesperson said his company is acting against fake reviews on its websites.
Persons: Pascal, CNMC, Tripadvisor, Maria Luiza Amaral, Inti Landauro, Elaine Hardcastle Organizations: Booking Holdings, Amazon, Thomson Locations: Boves, France
Black Friday Travel Sales Are Here and Deals Abound
  + stars: | 2023-11-20 | by ( Elaine Glusac | ) www.nytimes.com   time to read: +1 min
As inflation continues to sting, more travelers are expected to hunt for bargains this year, and the industry is responding by offering deals across the travel landscape, from hotels to cruises and tours. “Despite inflation and higher prices, we continue to see a strong preference for experiences with travel,” said Brett Keller, the chief executive of the online travel agency Priceline, which will hold one of its biggest sales this month, including 30 percent off select hotel stays and up to 50 percent off rental cars. Given strong demand, travel companies can usually hold fast on prices, but by offering seasonal sales, they can hedge against changes in the future. “There is a benefit to hoteliers in securing bookings with more lead time so they can more accurately understand demand,” said Christine Guadenzi, the director of sales and marketing for the Family Coppola Hideaways, a collection of small hotels that includes the coastal Turtle Inn in Belize, which will offer 20 percent off room rates booked Nov. 24 to Dec. 15 (discounted rates start at $335 a night, compared to the usual $419 price tag).
Persons: , Brett Keller, Christine Guadenzi, Coppola Hideaways Organizations: Priceline Locations: Belize
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