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Pig prices soared in Europe last year as output was cut by farms squeezed by high grain and energy costs. The EU pork industry has been buffeted in the past decade by a Russian trade embargo, the westward spread of African swine fever and the COVID-19 pandemic. "We're continuing to add costs to the overall pork production chain," Justin Sherrard, global strategist for animal protein at Rabobank, said. That may mean EU pork exports, whose share of production more than doubled to 21% between 2000 and 2020, have peaked. But an inflationary economy may make consumers less ready to accept rising pork prices and deepen a shift towards chicken as a cheaper, more convenient option.

Persons: Carole Joliff, Joliff, Jean, Paul Simier, AKI, We're, Justin Sherrard, slaughterhouses, Klaus Kaiser, FICT, Rabobank's Sherrard, jamon serrano, prosciutto, Tim Koch, Gus Trompiz, Forrest Crellin, Michael Hogan, Johannes Birkebaek, Emma Pinedo, Toby Sterling, David Evans Organizations: European Union, Commission, Rabobank, BLE, Danish Crown, AMI, Thomson Locations: PARIS, Brittany, Europe, Russian, Hungarian, China, Japan, Denmark, Netherlands, Danish, France, Brazil, United States, Germany, EU, Paris, Hamburg, Copenhagen, Madrid, Amsterdam

☆ Inter won't just defend, says Man City's Guardiola
▼ + stars: | 2023-06-09 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

ISTANBUL, June 9 (Reuters) - Manchester City must overcome more than just a formidable Inter Milan defence as they seek to win the Champions League for the first time on Saturday, according to manager Pep Guardiola. Inter are a team used not only to defend. There is a belief that Italian teams only know how to defend, but Inter can do many other things," a relaxed Guardiola told reporters on Friday. "Inter have the ability to keep the ball and finish, they know how to attack from the centre and from the flanks. "Tomorrow he'll be ready to help us win the Champions League."

Persons: Pep Guardiola, Guardiola's, Erling Haaland, Guardiola, Copa del, Francesco, Acerbi, Matteo, Darmian, Alessandro, Bastoni, Andre, Onana, Martinez, Joaquin, Correa, Kevin De Bruyne, Haaland, Erling Haaland's, Martyn Herman, Christian Radnedge Organizations: Inter Milan, League, Ataturk Olympic, Copa, Copa del Rey, Champions League, Barcelona, Inter, Chelsea, Real Madrid, City, Manchester United's Premier League, Thomson Locations: ISTANBUL, Manchester, Lautaro

☆ US remain top in FIFA rankings before Women's World Cup
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

June 9 (Reuters) - Holders United States will head into next month's Women's World Cup as the top-ranked team, with no changes in the top five in the latest FIFA rankings published on Friday. The U.S., who have held the top spot since June 2017, continue to lead ahead of Germany, Sweden, European champions England and France, respectively. Following friendlies in April, Spain equalled their best ever ranking after high-scoring wins over Norway and China while Copa America Femenina champions Brazil earned an impressive victory over Germany. World Cup co-hosts Australia and New Zealand are 10th and 26th. The World Cup runs from July 20 to Aug. 20.

Persons: Hritika Sharma, Toby Davis Organizations: FIFA, England, Canada, Copa America Femenina, Brazil, Thomson Locations: U.S, Germany, Sweden, France, Spain, Brazil, Netherlands, Norway, China, Australia, New Zealand, Zambia, Hyderabad

☆ Wall Street pros see the S&P 500 rallying further — and reveal how best to play it
▼ + stars: | 2023-06-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The S & P 500 is going from strength to strength this year, closing at a one-year high last Friday and up over 10% year-to-date. While many analysts have cautioned that the rally could be a narrow-based one, with gains driven by just a few major tech stocks, some Wall Street pros are expecting the S & P 500 to rally further. Evercore ISI's Julian Emanuel told CNBC's "Squawk Box Asia" on Tuesday that he has raised his S & P 500 price target from 4,150 to 4,450 . Emanuel said that the AI buzz driving stocks has turned into a so-called "momentum market" like the Internet-related rally of the late 1990s to 2000. "The Momentum broadened last week into the larger S & P 500 and importantly the Small Cap Russell 2000; this broadening is very positive and looks set to continue," he wrote in notes sent to CNBC.

Persons: Evercore ISI's Julian Emanuel, CNBC's, Emanuel, Russell, Brian Stutland, Stutland, we're, Paul Meeks, we'll, Evercore, laggards, Meeks Organizations: CNBC, Equity Armor Investments, Independent Solutions Wealth Management, Copa Holdings, Nvidia, Devices, Google, Marvell Technology

☆ Despite all odds, consumers are still traveling this summer. Here are the stocks you need to own
▼ + stars: | 2023-05-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +11 min

Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.

Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe

☆ Real Madrid dethroned as ‘Kings of Europe’ as the club looks to usher in new generation of stars
▼ + stars: | 2023-05-18 | by ( Ben Church | ) edition.cnn.com time to read: +6 min

CNN —Even before the full-time whistle blew in Manchester City’s 4-0 mauling in the Champions League semifinal Wednesday, Real Madrid players looked to have accepted their fate. To see a club like Real Madrid get put to the sword is always a surprise, but it’s even more shocking when you consider it was this team – in this competition. Luka Modrić has been one of the best players in the world during his time at Real Madrid. In truth, the chastening defeat against Manchester City has only amplified what madridistas already knew. Real Madrid coach Carlo Ancelotti looked on as his side lost 4-0 on Wednesday.

☆ Southern Europe braces for climate change-fuelled summer of drought
▼ + stars: | 2023-05-17 | by ( Kate Abnett | ) www.reuters.com time to read: +6 min

As climate change makes the region hotter and drier, years of consecutive drought have depleted groundwater reserves. CLIMATE CHANGE TRENDSouthern Europe is not alone in suffering severe water shortages this year. The Horn of Africa is enduring its worst drought in decades, while a historic drought in Argentina has hammered soy and corn crops. "In terms of the climate change signal, it very much fits with what we're expecting," said Hayley Fowler, Professor of Climate Change Impacts at Newcastle University. Some 90% of the mainland is suffering from drought, with severe drought affecting one-fifth of the country - nearly five times the area reported a year earlier.

☆ Busquets to leave Barcelona at end of season
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

[1/3] Soccer Football - LaLiga - FC Barcelona v Getafe - Camp Nou, Barcelona, Spain - January 22, 2023 FC Barcelona's Sergio Busquets holds the Spanish Super Cup trophy aloft before the match... Read moreMay 10 (Reuters) - Barcelona defensive midfielder Sergio Busquets will leave the club at the end of this season after spending 18 years with the Catalan outfit, the team said on Wednesday. Busquets, 34, began his youth career at Barcelona in 2005 before making his first-team debut in 2008. He helped Barcelona win eight LaLiga titles, seven Copa del Rey titles, three Champions League trophies and three Club World Cups. He could add another league title to his achievements this season, with Barcelona leading the points table by 13 points with five games remaining. A report on Spanish TV show El Chiringuito de Jugones said that Busquets has accepted an offer by Saudi Arabia's Al-Hilal along with Lionel Messi.

☆ Mourinho dismisses PSG talk ahead of Europa League semi-final
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

[1/3] Soccer Football - Europa League - AS Roma Press Conference - Rome, Italy - May 10, 2023 AS Roma coach Jose Mourinho during the press conference. Despite talk of potentially take over the Ligue 1 club from Christophe Galtier in the 2023-24 season, Mourinho reaffirmed his loyalty to Roma, where he is currently under contract until 2024. "If they called, they didn’t find me," Mourinho told Sky Sport Italia on Wednesday before the pre-match news conference. During the news conference, Mourinho expressed admiration for the former Spain international, showering him with praise. Despite Roma reaching the semi-finals of a prominent European competition for the third consecutive season, Mourinho dismisses the notion that it puts pressure on the team.

☆ Champions League semifinal: Can Real Madrid stop Manchester City, the 'best team in Europe?'
▼ + stars: | 2023-05-09 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Real Madrid and Manchester City face each other in a highly-anticipated Champions League semifinal on Tuesday, pitting the defending champion against a team on a sensational run of form. Erling Haaland has broken record after record since arriving at the club last year and has scored 12 Champions League goals this season – four more than anyone else in the competition. It will be a difficult game against City because City is, at the moment, the best team in Europe,” former Madrid manager Fabio Capello told CNN Sport on Monday. Ancelotti admitted on Monday that City is a “more complete team” compared to last year, particularly with Haaland on the pitch. “We’re not setting out just to stop Haaland, but to stop a team that seems unstoppable,” Ancelotti told reporters.

☆ Where to watch Real Madrid vs. Man City live stream for free online from anywhere
▼ + stars: | 2023-05-09 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +6 min

Looking for the latest information on where to watch a Real Madrid vs. Man City live stream for free tonight? How to watch Real Madrid vs. Man City online from anywhereA VPN is the best way to get around geo-restrictions and is a viable option for today's game. Where to watch Real Madrid vs. Man City in CanadaSoccer fans in Canada will need to stump up some extra cash to enjoy a Champions League live stream of Real Madrid vs. Man City tonight, as DAZN Canada holds the local viewing rights. Real Madrid vs. Man City free live streamThere are several free options available today. How to watch Real Madrid vs. Man City with a VPNSign up for a VPN if you don't have one.

SAO PAULO, May 9 (Reuters) - Renowned Brazilian rock singer and songwriter Rita Lee, an icon of the Tropicalia artistic movement, died on Tuesday after a two-year battle with lung cancer, her family said. Her death brought an outpouring of tributes from artists, politicians and celebrities who cheered her trailblazing role in Brazilian rock. Rita Lee Jones de Carvalho was born on Dec. 31, 1947, in Sao Paulo, to a dentist of U.S. descent and a Brazilian pianist with Italian ancestry. Kicked out of Os Mutantes by Baptista, whom she had been married to, for supposed artistic differences, Lee played with the band Tutti Frutti in the 1970s. Rita Lee was diagnosed with lung cancer in 2021 and had been undergoing treatment since then.

☆ Real Boss Ancelotti hopes to get mental edge over Man City at Bernabeu
▼ + stars: | 2023-05-08 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

"We need to play a complete game tomorrow and be aware that the decisive match will be the second leg. So our aim is to travel to Manchester with a small advantage," Ancelotti told a press conference on Monday. "As for an advantage I mean it’s not only about the result, it’s attitude, the mental part of the game too. "If you play well, give trouble to your rival, put them in an uncomfortable position, it’s a mental advantage. "Manchester City didn't change their style to accommodate Haaland, they have more options vertically with him using long balls and a more direct approach," he said.

☆ Rodrygo double fires Real Madrid to Spanish Cup final win over Osasuna
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +2 min

SEVILLA, Spain, May 6 (Reuters) - Rodrygo struck twice and Vinicius Jr dazzled as Real Madrid beat Osasuna 2-1 on Saturday to win their 20th Copa del Rey title and first since 2014. Brazilian Rodrygo scored the opener after two minutes but Carlo Ancelotti's side were pegged back when Lucas Torro equalised 13 minutes after the break. Real have lost two of the last three games and are virtually out of contention in LaLiga, sitting 14 points behind leaders Barcelona. "I'm very happy because I have just won the only title I didn't have with Real Madrid at only 22 years old. "We were talking this week about how long it has been since Real Madrid have not won this competition and I, personally, was missing it too.

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ Chile's president Boric speaks out against violence in stadiums
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +2 min

May 1 (Reuters) - Chile's president Gabriel Boric criticised violence in stadiums after the derby between Universidad de Chile and Universidad Catolica was suspended on Sunday due to disorder, fireworks and noise bombs in the stands of the Estadio Municipal Ester Roa Rebolledo in Concepcion. The National Professional Football Association (ANFP) said they will reschedule the match without spectators, as they will also request a meeting with the President to work against violence. The governing body will also call an urgent meeting of Chilean football to speed up the work of security in order to toughen the penalties and punishments for violence in stadiums. Boric has condemned violence in stadiums before. He addressed the issue in relation to the serious incidents involving Colo Colo and Universidad Catolica supporters at last year's Copa Libertadores matches.

☆ Real Madrid's Modric a doubt for Copa del Rey final
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +1 min

[1/4] Soccer Football - Copa del Rey - Semi Final - Second Leg - FC Barcelona v Real Madrid - Camp Nou, Barcelona, Spain - April 5, 2023 Real Madrid's Luka Modric during the match REUTERS/Albert GeaApril 28 (Reuters) - Real Madrid's Luka Modric has suffered a thigh injury, and the veteran midfielder could be a doubt for their Copa del Rey final against Osasuna on May 6, manager Carlo Ancelotti said on Friday. Modric, 37, played a little over an hour in Real's 4-2 defeat by Girona over the weekend before he was substituted. Real will be looking to win the Copa del Rey for the 20th time. "It's pending evolution and we don't know if he will be fit for the Copa match. They currently sit second in LaLiga, 11 points behind leaders Barcelona after 31 games and two points ahead of Atletico Madrid.

☆ Real Madrid concedes four goals in heavy defeat to Girona as La Liga title hopes fade
▼ + stars: | 2023-04-26 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Real Madrid’s hopes of catching Barcelona at the top of La Liga were all but extinguished on Tuesday as Los Blancos suffered a shock 4-2 defeat to Girona. Valentín Castellanos had the match of his life, scoring all four goals in the victory to become the first player in more than 75 years to score four times in a single La Liga match against Real Madrid. Lluis Gene/AFP/Getty ImagesReal Madrid remains 11 points behind Barcelona at the top of La Liga, but Xavi’s side can extend its lead to 14 points with victory over Rayo Vallecano on Wednesday. Real Madrid could concede more ground to Barça in the title race. Vinícius replied to a description of the incident on Twitter with “La Liga” accompanied by two sweating emojis.

☆ Real Madrid eases past Celta de Vigo 2-0 to put pressure on Barcelona
▼ + stars: | 2023-04-23 | by ( Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Real Madrid eased past Celta de Vigo 2-0 on Saturday in what was a relatively calm and assured performance for Los Blancos to cut Barcelona’s lead atop La Liga to eight points ahead of Atlético Madrid’s visit to the Camp Nou on Sunday. Vinícius Jr. proved a dangerous threat to Celta throughout the match, including getting his 17th assist of the season across all competitions. Jose Breton/Pics Action/NurPhoto/Getty ImagesThe 1-0 marked Asensio’s 11th goal of the season in all competitions and Vinícius’ 17th assist across all competitions. In the 48th minute, Asensio took a great corner into the area, where an on-rushing Militão powered a header into the bottom left corner for his fifth league goal of the season past a helpless Villar. Militão puts his powerful header into the bottom left corner of the net to make it 2-0.

☆ A corruption scandal, accusations of favoritism and Franco’s regime: Real Madrid and Barcelona in war of words over Spain’s fascist past
▼ + stars: | 2023-04-19 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

More than eight weeks after the scandal emerged, FCB President Joan Laporta went out to bat for the Catalan club on Monday. General view of Estadio Santiago Bernabeu prior to the La Liga match between Real Madrid CF and Getafe CF on April 09, 2022 in Madrid, Spain. But Laporta finished by saying that Real Madrid is “a club considered the team of the regime,” a reference to the club’s reported historic ties with Franco during his fascist dictatorship. “We are talking about a club [Real] that has historically close ties to political, financial and sporting power,” Laporta said. In total, Real won 14 league titles to Barcelona’s eight under Franco, while the Blaugrana won nine Copas del Generalísimo to Real Madrid’s six.

☆ Real Madrid crash to Villarreal defeat as title chances fall further away
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +2 min

April 8 (Reuters) - Samu Chukwueze scored twice to inflict a further blow on Real Madrid's title hopes as they were beaten 3-2 by Villarreal at home in LaLiga on Saturday despite twice taking the lead. Real host Chelsea on Wednesday in the first leg of their Champions League quarter-final tie. Vinicius Jr restored Real's lead two minutes into the second half with a simple finish in front of the Villarreal goal for his ninth league strike of the season. "It's a crazy goal," Chukwueze said. Villarreal, who climbed to fifth place in the battle for a Champions League spot, host relegation-threatened Valladolid next Saturday.

☆ Argentine Tigre fans mistakenly stone their team bus
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +1 min

April 7 (Reuters) - Argentine fans mistakenly stoned their team Club Atletico Tigre's bus while they were en route to play Brazil's Sao Paulo in a Copa Sudamericana group match on Thursday. With a history of bad blood between the teams following the controversial final of the 2012 tournament, there was heavy police presence for the showdown, which Sao Paulo won 2-0. Although he later deleted the post, Argentine media outlet TyC captured video footage of the damage to the vehicle. Former coach Nestor Gorosito was among those who said the the Argentine team decided not to play the second half because during halftime, security at the Morumbi stadium in Brazil assaulted them with blows, sticks and even threatened them with guns. Sao Paulo will face Tigre at home on June 27 in their final Group D tie.

☆ Real will attack Barcelona with title on the line - Ancelotti
▼ + stars: | 2023-03-18 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

BARCELONA, March 18 (Reuters) - Real Madrid will not hold back in El Clasico against Barcelona at Camp Nou on Sunday as they bid to close a nine-point gap their arch-rivals at the top of LaLiga. Without taking risks, we will go out on attack," Real manager Carlo Ancelotti told a news conference on Saturday. They suffered a little more than usual but won that game," Ancelotti said. Coach Xavi Hernandez expects his back line will be tested by Real but is confident of causing them problems. "I think Real Madrid will be more aggressive and attack more than usual because of the situation that they are facing, nine points behind us," Xavi told a news conference.

☆ Former Fox Executive Found Guilty in FIFA Bribery Scheme
▼ + stars: | 2023-03-10 | by ( James Fanelli | ) www.wsj.com time to read: 1 min

Hernan Lopez is the former head of Fox International Channels, a subsidiary of 21st Century Fox. A New York federal jury found a former 21st Century Fox executive guilty of bribing FIFA officials for the broadcasting rights to lucrative soccer matches, but acquitted his former subordinate on the same charges. Hernan Lopez , the former head of subsidiary Fox International Channels, was convicted of conspiring to commit wire fraud and launder money, in a scheme to make tens of millions of dollars in illicit payments and kickbacks between 2000 and 2015 to South American soccer officials in exchange for the broadcasting rights to the region’s most popular club tournament, the Copa Libertadores, and other matches. His co-defendant, Carlos Martinez, was found not guilty of the two counts.

☆ British supermarkets are rationing fruit and vegetables as shortages bite
▼ + stars: | 2023-02-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

LONDON — Britain's biggest supermarkets are limiting purchases of certain fruit and vegetables as supply shortages lead to empty shelves. It said the move was due to poor weather conditions overseas and was working with suppliers to "get things back to normal." The U.K. government has not stated Brexit as a factor, blaming weather conditions. EU member Ireland is also experiencing fruit and vegetable shortages. U.K. Food Minister Mark Spencer said Monday he had spoken to retailers about how they are responding to shortages and asked them to build preparedness for future incidents.

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