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☆ Chelsea sack Potter with club 11th in Premier League
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +2 min

April 2 (Reuters) - Chelsea have sacked manager Graham Potter, the London club said on Sunday after a string of poor results left the team 11th in the Premier League. "Graham has agreed to collaborate with the club to facilitate a smooth transition," Chelsea said in a statement. "In his time with the club, Graham has taken us to the quarter final of the Champions League, where we will face Real Madrid. "We have 10 Premier League games remaining and a Champions League quarter final ahead. Potter is the 12th manager to be sacked in the Premier League this season and the announcement came hours after relegation-threatened Leicester City parted ways with Brendan Rodgers by mutual agreement.

☆ Margaritaville's cruise company just unveiled a $900 pass for nearly unlimited cruises through the end of the year
▼ + stars: | 2023-03-30 | by ( Brittany Chang | ) www.businessinsider.com time to read: +3 min

Margaritaville at Sea announced a $900 cruise pass that allows travelers to sail on the majority of its 2023 cruises. Margaritaville launched its cruise brand in 2022 with its Margaritaville at Sea Paradise vessel. The cruise line is currently operating nonstop two-night sailings from Florida's Port of Palm Beach to the Bahama's Freeport, Grand Bahama island. But if there's nowhere you'd rather be than on a Margaritaville cruise ship, you could potentially save hundreds of dollars with its newly announced cruise pass. Before its refresh, the ship was known as the Grand Classica, a 30-year-old flagship vessel owned by budget cruise company Bahamas Paradise Cruise Line.

☆ Rising Antarctic ice melt will dramatically slow global ocean flows, study finds
▼ + stars: | 2023-03-29 | by ( David Stanway | ) www.reuters.com time to read: +3 min

REUTERS/Natalie Thomas/SINGAPORE, March 29 (Reuters) - Rapidly melting Antarctic ice is dramatically slowing down the flow of water through the world's oceans, and could have a disastrous impact on global climate, the marine food chain and even the stability of ice shelves, new research has found. The "overturning circulation" of the oceans, driven by the movement of denser water towards the sea floor, helps deliver heat, carbon, oxygen and vital nutrients around the globe. But deep ocean water flows from the Antarctic could decline by 40% by 2050, according to a study published on Wednesday in the journal Nature. Ocean overturning allows nutrients to rise up from the bottom, with the Southern Ocean supporting about three-quarters of global phytoplankton production, the base of the food chain, said a second study co-author, Steve Rintoul. Reporting by David Stanway; Additional reporting by Gloria Dickie in London; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ These tech giants are still making money, but layoffs are coming hard and fast
▼ + stars: | 2023-03-24 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Here are some of the more prominent global tech firms that have axed staff despite earning big money. 30 despite a "dynamic environment," CEO Satya Nadella said in the tech giant's annual report. Despite that, Microsoft announced in January that it's laying off 10,000 workers as the firm braces for slower revenue growth. The enterprise software company also returned to positive operating profit growth of 2%. However, SAP announced in January that it's cutting up to 3,000 jobs, as the leadership seeks to steer the company toward double-digit profit growth in 2023.

☆ Singapore's Sea Group turns profitable for the first time
▼ + stars: | 2023-03-08 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

Sea Limited's e-commerce arm, Shopee, turned positive adjusted EBITDA for the first time in the fourth quarter of 2022. The group also posted its first-ever positive net income in the quarter. The chairman and group CEO of Sea Limited, said on Tuesday that 2022 was "another year of evolution for us." Shopee and SeaMoneyMeanwhile, e-commerce business Shopee and digital payments arm SeaMoney continued to see strong growth in 2022. Positive EBITDA, or earnings before interest, taxes, depreciation and amortization, refers to the company operating at a profitable level.

☆ Goldman Sachs has added 3 stocks to its conviction buy list, giving one 100% upside
▼ + stars: | 2023-03-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs has this year added a number of stocks to its conviction list — buy-rated stocks it expects to outperform — giving them further share price upside. Rio Tinto Its most recent addition was Australian miner Rio Tinto on March 3. It comes as Goldman Sachs turns bullish on commodities such as iron ore on the back of an expected recovery in China. It gave Rio Tinto a price target of $140, or upside of 10% from the Friday close. Goldman also raised the price target for Alibaba to $138, giving it over 50% potential upside from its U.S.-listed stock's Thursday close.

☆ Arsenal beat Chelsea to lift Women's League Cup
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +1 min

[1/5] Soccer Football - FA Women's League Cup - Final - Chelsea v Arsenal - Selhurst Park, London, Britain - March 5, 2023 Arsenal players lift the trophy after winning the FA Women's League Cup final Action Images via Reuters/Matthew ChildsLONDON, March 5 (Reuters) - Arsenal fought back from a goal down to beat Chelsea 3-1 in the FA Women's League Cup final on Sunday and claim the trophy for a record-extending sixth time. Chelsea, who were the losing finalists for a second straight year, struck first with Sam Kerr's close-range header beating goalkeeper Manuela Zinsberger in the second minute. The game slowed down after a breathless first half and, though Chelsea enjoyed large spells of possession, Arsenal held on to secure their first trophy since 2019. The teams now shift their focus back to the Women's Super League, where defending champions Chelsea are third in the standings with 31 points from 12 games, while fourth-placed Arsenal are five points behind them. Reporting by Aadi Nair in Bengaluru; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

☆ Mexican restaurant operator Alsea sees profit dip due to higher taxes
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Feb 27 (Reuters) - Mexican restaurant chain operator Alsea (ALSEA.MX) reported on Monday a 30.7% drop in its fourth-quarter net profit, dipping to 579 million pesos ($29.7 million) compared to gains in the year-ago period, hit by an increase in taxes. Alsea's quarterly revenue grew 14.4% from the year-ago quarter, reaching 19.15 billion pesos, the company said in a filing, and beating Refinitiv's forecast of 18.86 billion pesos. The Mexico City-based company, which operates Starbucks cafes as well as Domino's Pizza and Burger King restaurants among other chains, raked in 3.48 billion pesos in earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter, down 18.4% from the same three-month period in the previous year. Alsea operates in 11 countries across Latin America and in Europe. ($1 = 19.5089 pesos at end-December)Reporting by Carolina Pulice and Noe Torres; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

☆ Chelsea coach Potter calls for patience after fresh defeat
▼ + stars: | 2023-02-26 | by ( William Schomberg | ) www.reuters.com time to read: +2 min

Speaking after a 2-0 defeat at the home of arch-rivals Tottenham Hotspur - the 13th time in 15 games in all competitions that Chelsea have failed to win - Potter said he was frustrated and disappointed by the latest setback. Potter also highlighted Liverpool boss Juergen Klopp's inability to halt the slide in form of his side after winning the Champions League and the Premier League in recent years. Potter also faced questions from reporters about his side's inability to score, having found the net only once in their last five league games. The loss of several players through injury and easing them back into action, plus integrating a host of new signings, represented challenges, Potter added. "So as a team, we're just not quite there in terms of how we want it to look and how we want to really function in a good way.

☆ Chelsea's new signings starting to settle despite poor results - Havertz
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

Feb 16 (Reuters) - Chelsea forward Kai Havertz said he was encouraged by the way the club's new signings are gelling with the team despite the side recording only one win in 2023. Since manager Graham Potter took over in September Chelsea have scored only 25 goals in 24 games and managed only three in their last eight. Last month's 1-0 Premier League win over Crystal Palace remains their only victory in nine games this year. "I don't think we should be too unhappy with our performance because we created the opportunities, but it's just frustrating that we couldn't take any of them," Havertz said. Reporting by Hritika Sharma in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ Leaders Arsenal held at home by Brentford, sorry Spurs thrashed at Leicester
▼ + stars: | 2023-02-11 | by ( Peter Hall | ) www.reuters.com time to read: +5 min

Brighton, who have not lost this year, were held to a 1-1 draw by Crystal Palace. An eight-point advantage in the table beckoned for Mikel Arteta's side but they never looked comfortable against an enterprising Brentford who should have been ahead by halftime. The visitors got their deserved point through Ivan Toney, who pounced in the 72nd minute to head in Christian Norgaard's cross. Only Harry Kane has netted more away goals in the Premier League this season than the Brentford striker. SORRY SPURSWith manager Antonio Conte back in the dugout after missing their win against Manchester City last Sunday following gallbladder surgery, Spurs made a good start at Leicester.

☆ Navas steals limelight on mixed weekend for January signings
▼ + stars: | 2023-02-06 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

January signings can be hit and miss and it was a mixed weekend for new recruits. "But I loved his composure and game management and decision making, I really enjoyed that part of his performance. He came close to a debut goal too, but ultimately it was a frustrating debut as Chelsea's attack misfired yet again. Leicester's Souttar, signed from Stoke City, enjoyed a winning debut as his side overcame Aston Villa 4-2, although scoring an own goal was hardly ideal. But Souttar, along with fellow new signing Victor Kristiansen, impressed, although not as much as another new recruit Tete, who marked his debut with a goal.

☆ Enzo Fernandez: Chelsea sign midfielder in £106.8m British-record transfer deal from Benfica
▼ + stars: | 2023-02-01 | by ( ) www.cnbc.com time to read: +2 min

Chelsea had been in talks to sign the World Cup winner throughout January, but Benfica had refused to do business unless the Blues paid his €120m release clause. Nurphoto | Nurphoto | Getty ImagesChelsea have signed midfielder Enzo Fernandez from Benfica for a British-record £106.8m. The deal for the Argentine surpasses the £100m Manchester City paid for Jack Grealish from Aston Villa 18 months ago. But Chelsea agreed a deal of €121m at 9.15pm on Deadline Day after 12 hours of talks led by Chelsea's co-owner Behdad Eghbali from London. Fernandez will help to replace Jorginho, who joined Chelsea's London rivals Arsenal on Deadline Day in a £12m deal.

☆ Rule-bending Chelsea take transfer gamble to give Potter ultimate selection headache
▼ + stars: | 2023-02-01 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. It has, however, angered those who claim the Premier League is becoming a de facto European Super League due to its spending power. "What I'm worried about is the Premier League, and I've been worried for many years now," Spain's La Liga president Javier Tebas told a new conference this month. There is no sustainability in the Premier League. The Premier League is not a financially sustainable model."

☆ Chelsea smash British transfer record to sign Benfica's Fernandez
▼ + stars: | 2023-02-01 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

LONDON, Feb 1 (Reuters) - Chelsea announced the signing of Enzo Fernandez from Benfica on Wednesday after days of complex negotiations between the clubs to secure the Argentina midfielder for a British transfer record 106.8 million pounds ($131.46 million). Premier League club Chelsea announced the signing on Wednesday 1000 GMT via a video on Twitter, which showed a clip of a clock ticking down, making a reference to race against time to sign the World Cup winner. It takes Chelsea's transfer spending in January alone to close to 300 million pounds and to more than 500 million pounds since last May's takeover by an investment group led by American Todd Boehly and Clearlake Capital. His fee eclipses the 100 million pounds Manchester City paid Aston Villa for England midfielder Jack Grealish in 2021. On Tuesday, Chelsea sold experienced midfielder Jorginho to Premier League leaders Arsenal for 12 million pounds.

The club is one of the world's biggest sporting brands and generated 689 million euros ($750.94 million) in revenue in 2021-22. "Chelsea getting sold in 2022 means a rate has been established on the value of a Premier League club," Joyce said. The Glazers bought United for 790 million pounds in 2005 in a highly-leveraged deal which has been criticised for loading debt onto the club. OLD TRAFFORD INVESTMENTThe Chelsea deal involved the new owners paying 2.5 billion pounds ($3.10 billion) to purchase shares while committing a further 1.75 billion pounds to invest in the club, particularly the stadium. Media reports suggest it would cost one to two billion pounds to renovate.

☆ WRAPUP Soccer-Liverpool and Chelsea play out stalemate, Everton woes continue
▼ + stars: | 2023-01-21 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

All three sides are nine points off the top four, with Chelsea having played 20 games to Liverpool and Brentford's 19 apiece. Chelsea are now without a win in their last six league games on the road, their longest comparable run in the competition since September-December 2015. "We defended in the second half with passion and clear organisation, but we were too deep in these moments. Everton offered little in attack, with away supporters again calling for the club's board to resign throughout the clash. They have collected just 15 points from their 20 league this season -- their fewest points won after 20 games of any league campaign in their history.

☆ Liverpool and Chelsea play out stalemate, Everton woes continue
▼ + stars: | 2023-01-21 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

All three sides are nine points off the top four, with Chelsea having played 20 games to Liverpool and Brentford's 19 apiece. Liverpool have failed to win any of their last three league games, while it is the first time they have failed to score in consecutive matches in the competition since March 2021. Chelsea are now without a win in their last six league games on the road, their longest comparable run in the competition since September-December 2015. They have collected just 15 points from their 20 league this season -- their fewest points won after 20 games of any league campaign in their history. They have 39 points and are third on goal difference ahead of Manchester United, who play leaders Arsenal on Sunday.

☆ Exclusive: Harbour Energy to cut jobs due to UK windfall tax
▼ + stars: | 2023-01-18 | by ( Ron Bousso | ) www.reuters.com time to read: +3 min

The jobs would be cut in Harbour Energy's headquarters in the North Sea hub of Aberdeen, Scotland, but the extent of the cuts is yet to be determined and will be subject to consultations. Harbour Energy Plc has 1,700 employees worldwide, according to its website. Executives in North Sea companies have urged the British government to introduce a price floor to mitigate the impact of the windfall tax as firms struggle to access new funding. Industry group OEUK said in response to Harbour's announcement that the windfall tax will further undercut spending. Companies including Shell Plc (SHEL.L) and Equinor ASA (EQNR.OL) have already said they will review their North Sea investments.

☆ Potter says managing Chelsea is the hardest job in football
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

I think it is probably the hardest job in football because of that leadership change and the expectations because of, rightly, where people see Chelsea," Potter said before Chelsea's trip to Fulham on Thursday. "The reality of where the club is in terms of establishing itself as a well-run football club that functions well in a really competitive environment, maybe we're not there yet. "I'm not after pity, I'm really grateful and privileged to be here," Potter said. "This club was run a certain way for 20 years and run really well. ($1=0.82 pounds)Reporting by Hritika Sharma in Bengaluru; Editing by Neil FullickOur Standards: The Thomson Reuters Trust Principles.

☆ Felix sees red on debut as Chelsea slump at Fulham
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +3 min

The win lifted Fulham above Liverpool and up to sixth in the Premier League standings on 31 points after 19 games. Potter had no complaints about the red card, describing Felix's challenge on Tete as a "forward's tackle". The second half wasn't at our best level," he said. They lost midfielder Denis Zakaria to injury, however, and Felix to a red card, the 23-year-old wildly lunging at Tete after losing the ball. Felix, whose loan signing cost Chelsea a reported 9 million pounds ($11 million), will miss the next three league matches against Crystal Palace, Liverpool and Fulham due to suspension.

☆ Messi headlines shortlist for FIFA Best Men's Player award
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +3 min

Messi, along with his Paris St Germain team mate Kylian Mbappe and Manchester City's Erling Haaland, were among the 14 players shortlisted for The Best FIFA Men's Player award, the world governing body said on Thursday. Real Madrid's Karim Benzema, who won the 2022 Ballon d'Or award, is also in the shortlist. Sarina Wiegman, who led England to last year's European Championship title, is joined on The Best FIFA Women's Coach shortlist by Chelsea's Emma Hayes and Germany manager Martina Voss-Tecklenburg. Liverpool's Alisson Becker, Real Madrid's Thibaut Courtois and Aston Villa's Martinez are among the nominees for The Best FIFA Men's Goalkeeper award. FIFA also announced an 11-player shortlist for this year's Puskas Award for the "most beautiful" goal of the year, with Mbappe's spectacular volley against Argentina in the World Cup final among the nominees.

☆ Man City crush Chelsea in FA Cup, Stevenage stun Villa
▼ + stars: | 2023-01-08 | by ( Richard Martin | ) www.reuters.com time to read: +4 min

Elsewhere, League Two (fourth tier) side Stevenage pulled off the shock of the weekend by winning 2-1 at Premier League Aston Villa, scoring two goals in the final few minutes. City will play at home in the fourth round against either Premier League leaders Arsenal or League One side Oxford United, who meet on Monday. Potter said City were the last team he could wish to face during the team's difficult run of form. Walsall beat Stockport County 2-1, Stoke City won 3-0 at Hartlepool, Blackburn Rovers beat Norwich City 1-0 and Derby County beat Barnsley 3-0 to also make it to the fourth round. Bristol City and Swansea City will meet again in a replay after drawing 1-1.

☆ Southeast Asian venture capital firms expect to be pickier in 2023 than in 2022
▼ + stars: | 2022-12-20 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. Malte Mueller | Fstop | Getty ImagesVenture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging and economic headwinds slowing growth in 2022. Sequoia Southeast Asia raised a $850 million fund in June, East Ventures raised $550 million in July, and Insignia Ventures Partners raised $516 million in August. Indonesia-based e-grocery company HappyFresh ceased operations in Malaysia after seven years, while Grab discontinued its quick commerce service GrabMart Kilat in Indonesia. "The 15-minute model of quick commerce in Southeast Asia is very difficult because the unit economics are very negative.

☆ Factbox: Major cryptocurrency cases probed by U.S. authorities
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +5 min

BITMEX EMPLOYEESEmployees of BitMEX, including the cryptocurrency exchange's founders, pleaded guilty this year to willfully failing to establish, implement and maintain programs to prevent money laundering. The firm's cofounders pleaded guilty in federal court in New York and each agreed to pay a $10 million criminal fine. Another of the firm's employees also pleaded guilty, and agreed to a $150,000 fine. ONECOIN LTDIn 2019, U.S. authorities charged the alleged leaders of a multibillion-dolar pyramid scheme involving a fraudulent cryptocurrency called OneCoin. After a six-month court battle, Telegram agreed to pay an $18.5 million civil penalty and return $1.2 billion to investors.

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