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[1/2] A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit TessierPARIS, June 19 (Reuters) - The Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention with rows of missiles, drones and futuristic transport. France's Thales (TCFP.PA) announced a contract from Indonesia for 13 long-range air surveillance radars. On the commercial side, planemakers arrived with growing demand expectations as airlines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050. Airbus is also close to a potentially large order for narrow-body jets from Mexican low-cost carrier Viva Aerobus, industry sources said on Sunday.
Persons: Benoit Tessier PARIS, Le Bourget, Emmanuel Macron, France's, planemakers, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Mark Potter Organizations: Air, Paris, REUTERS, Farnborough, French Rafale, U.S, Rafale, Eurofighter, France's Thales, Airbus, . Industry, Qantas, Viva Aerobus, Boeing, Thomson Locations: European, France, Germany, Spain, Le Bourget, Paris, Britain, Belgium, Franco, Spanish, Ukraine, Indonesia
THE HAGUE, June 7 (Reuters) - Judges at a U.N. war crimes court ruled that elderly Rwandan genocide suspect Felicien Kabuga is unfit to stand trial but said slimmed-down legal proceedings in his case can continue, in a decision published on Wednesday. "The trial chamber finds Mr. Kabuga is no longer capable of meaningful participation in his trial," a decision published on the Hague court's website said. "It is simple: when a person is deemed unfit for trial, then the court case should end and that person should go home," he said. Kabuga has denied the charges of genocide and crimes against humanity. Prosecutors say Kabuga promoted hate speech through his broadcaster, Radio Television Libre des Milles Collines (RTLM), and armed ethnic Hutu militias.
Persons: Felicien Kabuga, Kabuga, Emmanuel Altit, Eric Emeraux, Felicien, Benoit Tessier, Prosecutors, Stephanie van den Berg, Charlotte Van Campenhout, Jason Neely, Andrew Heavens Organizations: HAGUE, Hague, Office, Reuters, REUTERS, Radio Television Libre, United Nations, Thomson Locations: France, Paris, Hague, United, Rwanda
After receiving $145 million from Binance.US's operator by 2021, Sigma Chain spent $11 million on buying a yacht, the SEC complaint said, without elaborating. It is unclear from the SEC complaint how much money Zhao is alleged to have drawn from Merit Peak and Sigma Chain. The SEC also said Zhao used Merit Peak to direct more than $16 million to fund Binance's purportedly independent U.S. affiliate Binance.US. Binance used its BUSD holdings to meet customer withdrawals by selling them for dollars as needed, Reuters reported in May. The SEC complaint also identified Binance Labs, a venture capital arm of Binance, as part of the exchange's plan to increase demand for BNB.
Persons: Zhao, Binance, Benoit Tessier LONDON, Changpeng Zhao, John Reed Stark, Stark, Binance's, Angus Berwick, Tom Wilson, Lisa Barrington, Hadeel Al, Elisa Martinuzzi, Alexander Smith Organizations: Viva Technology, Porte de, REUTERS, Binance, Securities and Exchange Commission, SEC, Swiss, Sigma Chain, Reuters, Silicon, Internet, Futures Trading Commission, U.S . Justice, Reuters Graphics, Silvergate Bank, Merit, Sigma, Binance Labs, Thomson Locations: Porte, Paris, France, Binance, U.S, Virgin Islands, Dubai, London, Hadeel Al Sayegh
CNN —Tennis player Elina Svitolina called her opponent, Russian Daria Kasatkina, a “brave one” following the Ukrainian’s upset win on Sunday. Last month, Kasatkina, Russia’s top-ranked female tennis player, also expressed her sympathy for Ukrainian tennis players who refuse to shake her hand after matches. She’s [a] really brave person to say it publicly, that not so many players did,” Svitolina said, after advancing to the quarterfinals of the French Open. “She’s a brave one.”Instead of a hand shake, Kasatkina gave her opponent a thumbs up at the net after losing match point. Russian and Belarusian players are currently still competing on the tours as neutral athletes without their flag or country displayed.
Persons: Elina Svitolina, Daria Kasatkina, Svitolina, , ” Kasatkina, Kasatkina, ” Svitolina, Benoit Tessier, it’s, ” Sabalenka, Sabalenka, Organizations: CNN —, New York Times, Ukrainian, Svitolina, Reuters, Locations: Belarusian, Ukraine, Ukraine – Belarus, Russia
[1/5] Tennis - French Open - Roland Garros, Paris, France - June 4, 2023 Russia's Daria Kasatkina gestures at the net after losing her fourth round match against Ukraine's Elina Svitolina REUTERS/Benoit TessierPARIS, June 5 (Reuters) - Russian Daria Kasatkina said she left the French Open with a bitter taste in her mouth after being booed off by the crowd following her fourth-round defeat against Ukraine's Elina Svitolina on Sunday. Svitolina had said she would not shake hands with Russian or Belarusian players at Roland Garros because of Russia's invasion of her country. Kasatkina has been one of very few Russian players to speak out against the war, calling it "a full nightmare". Geopolitics have been at the centre of this year's French Open, with Aryna Sabalenka of Belarus skipping her post-match press conference twice, saying she felt unsafe after being grilled about the war. Last week, two-time French Open champion Novak Djokovic started a controversy after writing on a camera lens "Kosovo is the heart of Serbia" amid unrest in the region.
Persons: Roland Garros, Daria, Ukraine's Elina Svitolina REUTERS, Benoit Tessier PARIS, Daria Kasatkina, Ukraine's Elina Svitolina, Svitolina, Kasatkina, Zemfira, I’ve, Elina, Aryna Sabalenka, Novak Djokovic, Julien Pretot, Angus MacSwan Organizations: Moscow, Russian, Twitter, Thomson Locations: Paris, France, Belarusian, Belarus, Russian, Ukraine, Kosovo, Serbia
[1/5] Tennis - French Open - Roland Garros, Paris, France - June 5, 2023 Tunisia's Ons Jabeur in action during her fourth round match against Bernarda Pera of the U.S. REUTERS/Benoit TessierPARIS, June 5 (Reuters) - Ons Jabeur was a woman in a hurry at the French Open on Monday, as the seventh seed eased into the Roland Garros quarter-finals for the first time with a 6-3 6-1 win over American Bernarda Pera in bright sunshine. Jabeur's season has steadily gathered steam in Paris after the Tunisian world number seven had minor knee surgery earlier in the year and skipped the Madrid Open due to a calf problem following her run to the Charleston crown. Pera beat Jabeur in their last meeting on the hardcourts of Guangzhou in 2019 but the left-hander struggled to cope with her tricky opponent's clay prowess and did not help her own cause with errors in her maiden last 16 appearance in a Grand Slam. Jabeur tightened her grip on the contest by blending power, precision and guile in the next set to close out the victory in just over an hour. Reporting by Shrivathsa Sridhar in Paris Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Roland Garros, Bernarda Pera, Benoit Tessier PARIS, Philippe Chatrier, Pera, Jabeur, Sara Sorribes Tormo, Beatriz Haddad Maia, Shrivathsa Sridhar, Christian Radnedge Organizations: Bernarda, U.S, REUTERS, Wimbledon, Thomson Locations: Paris, France, Tunisian, Charleston, Guangzhou
"If we had gone five sets I don't know how long we would have played," said Ruud on court Philippe Chatrier. He next faces either Dane Holger Rune in a re-match of last year's quarter-final, or Argentina's Francisco Cerundolo. Jabeur moved into the quarter-finals at Roland Garros for the first time with a 6-3 6-1 win over American Bernarda Pera and hoped that the romantic atmosphere of Paris will help her quest for a maiden Grand Slam title. The Tunisian had reached the Australian Open quarter-final in 2020 and finished runner-up to Elena Rybakina and Iga Swiatek in the Wimbledon and U.S. Open title clashes last year. "For now, I just want to take it one match at a time," added Jabeur.
Persons: Roland Garros, Bernarda Pera, Benoit Tessier PARIS, Casper Ruud, Chile's Nicolas Jarry, Ruud, lanky claycourt, Jarry, Philippe Chatrier, Dane Holger Rune, Francisco Cerundolo, Jabeur, Elena Rybakina, Beatriz Haddad Maia, Sara Sorribes Tormo, Maria Bueno, Haddad Maia, Bueno, Daria Kasatkina, Ukraine's Elina Svitolina, I've, Kasatkina, Elina, Sabalenka, Svitolina, Shrivathsa Sridhar, Christian Radnedge Organizations: Jabeur, Bernarda, U.S, REUTERS, Tunisian, Wimbledon, Twitter, Thomson Locations: Paris, France, Tunisian, Iga, Belarusian, Ukraine
[1/5] Tennis - French Open - Roland Garros, Paris, France - June 5, 2023 Coco Gauff of the U.S. in action during her fourth round match against Slovakia's Anna Karolina Schmiedlova REUTERS/Benoit TessierPARIS, June 5 (Reuters) - Last year's French Open runner-up Coco Gauff overcame an early wobble to outclass Slovakian Anna Karolina Schmiedlova 7-5 6-2 and reach the quarter-finals, where she could face a potential rematch with holder Iga Swiatek. Gauff won her previous clash with Schmiedlova in Madrid last year, dropping only two games, and the American made a quick start again with a break in the opening game to pull away and leave her 100th-ranked opponent facing an uphill task. The 19-year-old Gauff tightened her grip in the next set, working the angles and deploying the drop shot to devastating effect as she closed out the victory without any more drama. Gauff will now await the winner of the fourth round match between world number one Swiatek and Ukraine's Lesia Tsurenko. Reporting by Shrivathsa Sridhar in Paris; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Roland Garros, Coco Gauff, Slovakia's Anna Karolina Schmiedlova REUTERS, Benoit Tessier PARIS, Slovakian Anna Karolina Schmiedlova, Iga Swiatek, Gauff, Shrivathsa Sridhar, Ken Ferris Organizations: Slovakian, Thomson Locations: Paris, France, Madrid, American
Sabalenka, Djokovic hoping to steer clear of controversy
  + stars: | 2023-06-01 | by ( Aadi Nair | ) www.reuters.com   time to read: +3 min
Another match featuring political overtones is the clash between Ukraine's Elina Svitolina and Russia's Anna Blinkova. Asked about the message following his straight sets win over Marton Fucsovics on Wednesday, Djokovic told reporters: "It's something that I stand for. Greek fifth seed Stefanos Tsitsipas, who reached the final in 2021, will play Diego Schwartzman. British 14th seed Cameron Norrie is in action against 17th seed Lorenzo Musetti, who now leads Italy's charge for a first French Open men's winner since Adriano Panatta in 1976 after Jannik Sinner's elimination on Thursday. Reporting by Aadi Nair in Nashik, India; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Roland Garros, Iryna Shymanovich, Benoit Tessier, Sabalenka, Novak Djokovic, Ukraine's Marta Kostyuk, Ukraine's Elina Svitolina, Anna Blinkova, Svitolina, Djokovic, Alejandro Davidovich Fokina, Aleksandar Kovacevic, Marton Fucsovics, Davidovich Fokina, Monte, Monte Carlo Masters, Carlos Alcaraz, Denis Shapovalov, Stefanos Tsitsipas, Diego Schwartzman, Cameron Norrie, Lorenzo Musetti, Adriano Panatta, Jannik, Aadi Nair, Ken Ferris Organizations: Belarus, Iryna Shymanovich REUTERS, Strasbourg, NATO, Marton, Monte Carlo, U.S, Thomson Locations: Paris, France, Belarus, Ukraine, Belarusian, Kosovo, Serbia, Belgrade, Zvecan, Spanish, Barcelona, British, Nashik, India
Unlike after his opening match on Monday, however, there was no message on the camera lens the Serbian signed and the 22-times Grand Slam champion looked to draw a line under the issue. Djokovic missed last year's Australian Open and was deported from the country due to being unvaccinated for COVID. He won the Melbourne title this year despite a row that erupted after his father posed with some fans holding Russian flags. "A drama-free Grand Slam, I don't think it can happen for me," Djokovic added. Anna Blinkova dashed French hopes with a stunning 4-6 6-3 7-5 victory over fifth seed Caroline Garcia, wrapping up victory on her ninth match point.
Persons: Roland Garros, Stefanos Tsitsipas, Spain's Roberto Carballes Baena, Benoit Tessier, Alcaraz, Djokovic, Garcia, Tsitsipas, Carlos Alcaraz, Novak Djokovic, Jiri Vesely, Roberto Carballes Baena, Japan's Taro Daniel, Denis Shapovalov, Ismet Krasniqi, Amelie Oudea, Castera, Elina Svitolina, Australian Storm Hunter, Svitolina, Sabalenka, Iryna Shymanovich, Marta Kostyuk, I've, Jelena Ostapenko, Peyton Stearns, Barbora, Lesia Tsurenko, Swiatek, Suzanne Lenglen, Jessica Pegula, Camila Giorgi, Anna Blinkova, Caroline Garcia, Kokkinakis, Stan Wawrinka, Andrey Rublev, Corentin, Shrivathsa Sridhar, Toby Davis, Ed Osmond Organizations: Spain's Roberto Carballes Baena REUTERS, Tennis Federation, Serbian, Marton, COVID, Melbourne, Kosovo Olympic, International Olympic Committee, Kosovo's Olympic, International Tennis Federation, Australian Storm, Thomson Locations: Paris, France, Kosovo, PARIS, Serbia, Marton Fucsovics, Serbian, Ukrainian, Ukraine
The 25-year-old, who will take over top spot from Poland's Iga Swiatek with victory at the Paris Grand Slam, did not have an easy start with qualifier Shymanovich, ranked 214th, matching her power with every groundstroke. Shymanovich started moving her opponent around, playing the angles and forcing her to the net with audacious drop shots as she tried to stop Sabalenka imposing her own rhythm on the match. The second seed wasted two set points at 6-5 but bagged the set on her third opportunity, chasing down yet another drop shot from her opponent. She took a two-game lead at the start of the second set but had to fight tooth and nail for every single point before sealing victory on her second match point. Reporting by Karolos Grohmann, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Roland Garros, Iryna Shymanovich, Benoit Tessier PARIS, Sabalenka, Shymanovich, Karolos Grohmann, Ed Osmond Organizations: Belarus, Iryna Shymanovich REUTERS, Shymanovich, Paris, Thomson Locations: Paris, France, Belarus
Hong Kong CNN —Binance, the world’s largest cryptocurrency exchange, doesn’t want to be called a Chinese company. “Our opposition in the West bends over backward to paint us as a ‘Chinese company,’” he wrote in a blog post last September. Zhao has been vocal about how he feels his firm is misrepresented as a "Chinese company." The same concern could, in theory, apply to any Chinese company. TikTok CEO Shou Chew testifying before US Congress in March.
Ambassador Lu Shaye in 2019. Photo: benoit tessier/ReutersCountries across Eastern Europe condemned remarks by China’s ambassador to France claiming that post-Soviet states lack a firm basis for their sovereignty under international law. Ambassador Lu Shaye made the comments during an interview late Friday on French TV, in which he was asked whether he considered the peninsula of Crimea, which was annexed by Russia in 2014, part of Ukraine under international law.
Publicis Groupe SA expects to hit organic growth this year in the top half of its previously stated range of 3% to 5%. Photo: BENOIT TESSIER/REUTERSPublicis Groupe SA reported higher-than-expected organic growth of 7.1% in the first quarter, and the advertising holding company said demand for its services continues despite the choppy macroeconomic environment. Analysts expected 5.89% growth in the quarter, according to FactSet .
REUTERS/Benoit TessierPARIS, April 20 (Reuters) - A group of protesters briefly invaded offices of stockmarket operator Euronext in Paris' La Defense business district on Thursday, saying big companies must pay up to finance pensions, as part of wider protests against a rise in the retirement age. Waving union flags, the group of a few hundred protesters occupied Euronext's lobby, engulfed in red smoke from flares, and chanted words popular with pension protesters: "We are here, we are here, even if Macron does not want it we are here." At the weekend, Macron signed into law the rise in the retirement age which means citizens must work two years longer, to 64, before receiving their state pension. "We'll continue until the (pension law's) withdrawal," protesters shouted in La Defense's central square, standing by a banner that read: "No to the pension reform". Macron himself faced protests on Thursday during his second public outing since signing the bill into law.
April 18 (Reuters) - Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. At the current bitcoin price, these companies' cash flows have substantially improved and most of them should have no problem paying their obligations," said Jaran Mellerud, analyst at bitcoin mining services company Luxor. Bitcoin mining is the process by which a network of computers validates a block of transactions on the blockchain. "The bitcoin price increase has bought these companies time, but it would be detrimental for these companies if it were to fall back down to $20,000," he said. A rapid rise in power prices or a fast fall in bitcoin could usher in a new cold spell.
[1/2] Sanofi logo at the company's headquarters during the annual results news conference in Paris, France, February 4, 2022. Sanofi in 2009 acquired the rights to Auvi-Q, an epinephrine auto-injector intended to compete with EpiPen. Injection of epinephrine is used to treat serious and sometimes life-threatening allergic reactions to foods, medications, bee stings and other causes. Circuit Court of Appeals last July agreed, noting that the exclusive contracts in question were "a normal competitive tool within the epinephrine auto-injector industry." The 10th Circuit added that Sanofi could have competed on those terms, but instead chose initially to market Auvi-Q as a more expensive, premium product.
[1/2] A craftswoman works on a Birkin bag at the luxury goods Hermes factory in Seloncourt October 4, 2013. REUTERS/Benoit TessierPARIS, April 13 (Reuters) - Sales at Birkin bag maker Hermes (HRMS.PA) rose 23% in the first quarter, above market expectations, as wealthy shoppers in China and Europe splurged on luxury fashion and accessories despite higher prices and global market turmoil. The increase of 23%, at constant exchange rates, beat a Visible Alpha consensus for 15% growth. Hermes raised prices by around 7% at the start of the year, a higher rate than its usual 2-3% annual increase. In China, where Hermes was less affected than competitors by lockdowns that dented sales for many at the end of last year, revenues grew by 23% in the quarter.
Meta PlatformsWeakness in digital ad spending due to macro pressures has hit social media giant Meta Platforms (META) over the recent quarters. SoFi TechnologiesNext on our list is fintech firm SoFi Technologies (SOFI), which offers digital financial services to over 5.2 million members. The acquisition is expected to drive SoFi's mortgage growth and operational efficiencies and broaden its mortgage product offerings. (See SoFi Insider Trading Activity on TipRanks)PVHApparel company PVH (PVH), which owns popular brands like Calvin Klein and Tommy Hilfiger, delivered better-than-expected results for the fourth quarter of fiscal 2022. The analyst sees "an attractive risk reward profile" in PVH stock based on the company's earnings growth potential and current valuation.
[1/4] The logo of Arquus, a unit of Volvo AB, is pictured at the production plant in Limoges, France, April 6, 2023. REUTERS/Benoit TessierLIMOGES, France, April 7 (Reuters) - French armoured truck maker Arquus, specialised in manufacturing high-tech off-road military vehicles, has gone back to producing more low-tech undercarriages for howitzers as the ground war in Ukraine boosts demand for artillery. Arquus Chief Executive Emmanuel Levacher told Reuters that the firm had stopped producing the undercarriages because until recently there was no more demand. "There could be even higher demand, particularly for export, which motivated us to relaunch production here in Limoges," he said. Defence Minister Sebastien Lecornu has asked French military equipment makers to scale up capacities to "war-time mode" and has pledged to repatriate some previously outsourced activities.
[1/2] A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit TessierPARIS, April 3 (Reuters) - European planemaker Airbus (AIR.PA) is negotiating a new round of plane orders with China, coinciding with a visit by French President Emmanuel Macron to the economic superpower later this week, government and industry sources said. The potential deal for dozens of jets comes amid worsening relations between Washington and Beijing, which have seen China's usually balanced airplane imports tilt towards Airbus in recent years. Airbus also has an industry presence in China including an assembly plant. Macron is due to conduct the state visit to China on April 5-7, with a delegation of company chiefs from France-based companies, expected to include Airbus CEO Guillaume Faury.
In a late stage trial Dupixent, jointly developed with Regeneron (REGN.O), led to a 30% reduction in moderate or severe acute exacerbations of chronic obstructive pulmonary disease (COPD), a potentially deadly disease marked by progressive lung function decline. Sanofi previously forecast Dupixent would generate up to 13 billion euros ($14.2 billion) in sales in its best year as it seeks to widen its use across several inflammatory conditions. The anti-inflammatory drug accounted for 8.3 billion euros, or more than 19%, of the French group's overall sales of 43 billion euros last year. Sanofi reports combined global Dupixent sales from its alliance with Regeneron. Dupixent was also approved by the EC to treat eosinophilic esophagitis, a condition that damages the esophagus, in January.
Sanofi and Regeneron said in a statement on Thursday a Phase III trial involving 939 current or former smokers also showed improvements in lung function, quality of life and COPD respiratory symptoms. JP Morgan analyst Richard Vosser said the trial update had "blow-out data" in store for investors, and that market consensus for 2027 Dupixent sales of 15.7 billion euros would likely be topped-up by between 1 and 2 billion euros. The anti-inflammatory drug accounted for 8.3 billion euros, or more than 19% of the French group's overall sales of 43 billion euros, last year. Sanofi reports combined global Dupixent sales from its alliance with Regeneron. Sanofi and Regeneron on Tuesday announced the European Commission had approved Dupixent to treat severe atopic dermatitis in young children.
[1/2] Visa credit and debit cards are seen in this picture illustration taken August 2, 2022. REUTERS/Benoit TessierMarch 15 (Reuters) - A federal appeals court on Wednesday upheld a $5.6 billion antitrust class-action settlement with more than 12 million retailers that accused Visa Inc (V.N) and MasterCard Inc (MA.N) of improperly fixing credit and debit card fees. The operators and the companies both claimed to have been injured after accepting Visa and MasterCard for gas sales. The settlement resolved claims that Visa and MasterCard overcharged retailers on interchange fees, or swipe fees, when shoppers used credit or debit cards, and barred retailers from directing customers toward cheaper means of payment. Settling retailers would be barred from bringing further claims from within the 15-year class period, and for five more years after the settlement became final, court papers show.
[1/2] A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. But whereas this makes up some 12% of market forecasts for Boeing's 2023 deliveries, Airbus has secured just 9% of its 2023 target of 720 jets, below the trend for this time of year. After missed targets in 2022, Airbus Chief Executive Guillaume Faury has told executives that 2023 will be "make or break" for the company's industrial reputation, industry sources said. In February, Airbus delivered 46 jets, up from 20 in January, for a total of 66 in the first two months of 2023. Lessors have said both jetmakers are delivering planes three-to-six months late, though Airbus is pushing to maintain higher industrial output.
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