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☆ United CEO confirms airline faces problem finding pilots to take captain's chair
▼ + stars: | 2023-07-20 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +2 min

CHICAGO, July 20 (Reuters) - United Airlines (UAL.O) CEO Scott Kirby has acknowledged that the carrier's pilots are shunning promotion to the captain's chair, hurting its flight capacity in the fourth quarter, confirming what Reuters reported earlier this week. At United, bids for 978 captain vacancies, or about 50% of the vacancies posted, have gone unfilled in the past year, United pilot union data shows. Currently, United has about 5,900 captains and 7,500 first officers, according to union data. A captain's pay is better, but junior captains face greater risks of being subject to unpredictable flying schedules, more on-call duty and assignments at short notice. Kirby said the contract has already made a difference and led to a better response in the latest bidding for captain vacancies.

Persons: Scott Kirby, Kirby, Rajesh Kumar Singh, David Holmes Organizations: United Airlines, Reuters, United, Airlines, Pilots, Thomson Locations: Chicago

☆ Oil perched between demand concerns and supply strains
▼ + stars: | 2023-07-19 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

LONDON, July 19 (Reuters) - Global oil prices were little changed on Wednesday as markets weighed U.S. demand concerns against China's pledge to support economic growth. Brent futures were flat at $79.63 a barrel by 0800 GMT, while U.S. West Texas Intermediate (WTI) crude edged 10 cents lower to $75.65 per barrel. "With the Fed likely to raise interest rates for the last time in July, concerns about U.S. demand that will limit oil price gains are likely to remain," said CMC Markets analyst Leon Li. However, on the positive front, China's top economic planner pledged on Tuesday it would roll out policies to "restore and expand" consumption in the world's second-largest economy, which could boost oil demand. On the supply side, data from the American Petroleum Institute (API), an industry group, showed crude oil, gasoline and distillate inventories all fell last week.

Persons: China's, Brent, Leon Li, Claudio Galimberti, John Evans, Natalie Grover, Katya Golubkova, Trixie Yap, Jamie Freed, David Holmes Organizations: U.S, West Texas, American Petroleum Institute, Thomson Locations: China, Europe, America, Russia, London, Tokyo, Singapore

Tesla has faced considerable delays to its planned opening date for the plant due to a high number of objections filed by local citizens, mainly over environmental impact and water usage. For the expansion, Tesla has committed to not using any additional water capacity, instead recycling the 1.4 million cubic metres of water it is licensed to use. When up to speed the plant would have a greater output than Volkswagen's Wolfsburg plant, which would trail behind at a capacity of 800,000 vehicles and output of just 400,000 last year. Tesla currently produces around 5,000 cars a week in Grunheide and has not provided a timeline for ramping up output. Reporting by Victoria Waldersee, Editing by Friederike Heine and David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Tesla, Victoria Waldersee, Friederike Heine, David Holmes Organizations: Volkswagen, Thomson Locations: BERLIN, Berlin, Wolfsburg, Grunheide

☆ ASML ups full-year sales forecast as China demand stays strong
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +3 min

SummaryCompanies Ups full-year sales growth forecast to 30% from 25%Q2 net profit up 35% at 1.9 billion euros vs forecast 1.82 blnQ2 sales up 28% to 6.9 billion vs forecast 6.74 billionAMSTERDAM, July 19 (Reuters) - Dutch semiconductor equipment maker ASML (ASML.AS) reported second-quarter earnings that beat expectations on Wednesday and boosted its full-year sales outlook, citing strong demand from Chinese customers. "However, our strong (order) backlog of around 38 billion euros ($42.6 billion) provides us with a good basis to navigate these short-term uncertainties," Wennick said. Net profit was up 35% from a year ago to 1.9 billion euros on sales up 28% to 6.9 billion, beating average analyst expectations of 1.82 billion euros and 6.74 billion respectively, according to Refinitiv data. It is a supplier to almost every computer chip maker and is expanding production as it cannot keep up with customer demand. ASML has never sold EUV machines in China due to export control rules but it remains a key market.

Persons: Peter Wennink, Wennink, Wennick, ASML, Toby Sterling, Tom Hogue, David Holmes Organizations: Samsung, Intel, Thomson Locations: AMSTERDAM, China, Washington, U.S

ATHENS, July 19 (Reuters) - Wildfires burned for a third day west of the Greek capital Athens on Wednesday, as authorities braced for a new heatwave stoking tinderbox conditions across the country. At first light, air water bombers resumed operations over the towns of Mandra, west of Athens, and Loutraki, close to the Corinth canal which separates mainland Greece from the Peloponnese. Firefighters worked throughout the night to keep flames at bay and away from a complex of coastal refineries. Dozens of homes were gutted and hundreds forced to flee towering flames which seared through hamlets on Tuesday. A year later, 101 people died in the seaside town of Mati, east of Athens, after a wildfire razed the town in a matter of hours.

Persons: Vassilis Varthakogiannis, Kostas Tsigas, Greece's, imploring, Andreas Theodosiadis, Michele Kambas, David Holmes Organizations: Firefighters, Traffic, Thomson Locations: ATHENS, Athens, Mandra, Corinth, Greece, Peloponnese, Italy, France, Rhodes, Dervenochoria, Mati

Brent futures rose $1.13, or 1.4%, to settle at $79.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.60, or 2.2%, to settle at $75.75. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. Energy traders expect "the oil market will remain tight as Russian shipments drop and as China prepares to provide more support to households," said Edward Moya, senior market analyst at data and analytics firm OANDA. Looking ahead, the oil market is waiting for U.S. oil inventory data from the American Petroleum Institute (API), an industry group, on Tuesday and the EIA on Wednesday. Analysts in a Reuters poll forecast a 2.4-million barrel draw from U.S. crude stocks during the week ended July 14.

Persons: Edward Moya, Kristalina Georgieva, Gelber, Natalie Grover, Stephanie Kelly, Andrew Hayley, David Holmes, Jan Harvey, Jonathan Oatis Organizations: . Federal, U.S, West Texas, ING, Energy, Monetary, U.S . Energy Information Administration, American Petroleum Institute, Associates, World Meteorological Organization, Thomson Locations: China, U.S, Europe, Asia, London, New York, Beijing

Summary U.S. dollar falls to 15-month low against basket of currenciesU.S. oil output to decline in August - EIA outlookUpcoming - U.S. oil inventory data from API and EIANEW YORK, July 18 (Reuters) - Oil prices climbed more than 1% on Tuesday as a weaker U.S. dollar and expected decline in U.S. output outweighed softer-than-expected Chinese economic data. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. CRUDE DEMAND STILL A CONCERNComments that global economic growth activity is slowing helped keep crude price gains in check. In the U.S., shale oil production will likely decline in August for the first time since December, projections from the EIA show. Global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.

Persons: Brent, Kristalina Georgieva, Jun Rong Yeap, Natalie Grover, Stephanie Kelly, Andrew Hayley, Jason Neely, David Holmes, Jan Harvey Organizations: U.S, West Texas, U.S ., . Federal, American Petroleum Institute, U.S . Energy Information Administration, Monetary Fund, IG, Thomson Locations: China, U.S, Singapore, London, New York, Beijing

☆ Oil steadies as investors eye US crude supplies
▼ + stars: | 2023-07-18 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

Summary Both benchmarks dip more than 1.5% on MondayInvestors eye US crude, product inventories dataChina's frail growth raises urgency for policy supportLONDON, July 18 (Reuters) - Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth. Both benchmark contracts had fallen more than 1.5% on Monday following lacklustre economic data from China, the world’s largest oil importer, as well as the partial restart of some Libyan oilfields. Brent crude was up 26 cents at $78.76 a barrel by 1151 GMT, while U.S. West Texas Intermediate (WTI) crude rose 28 cents to $74.43 a barrel in relatively muted trading, with the contract set to expire on Thursday. Market participants were awaiting industry data later on Tuesday that is expected to show U.S. crude oil stockpiles and product inventories fell last week. Still, global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.

Persons: Brent, Rong Yeap, John Evans, Evans, Natalie Grover, Stephanie Kelly, Andrew Hayley, Jason Neely, David Holmes Organizations: Investors, U.S, West Texas, Energy, Administration, IG, Thomson Locations: China, U.S, Singapore, Saudi Arabia, London, New York, Beijing

July 18 (Reuters) - Yum Brands' (YUM.N) Taco Bell prevailed on Tuesday in its self-described bid to "liberate" the phrase "Taco Tuesday," as competing fast-food chain Taco John's told the U.S. Patent and Trademark Office (USPTO) it would abandon its federal "Taco Tuesday" trademark. Taco Bell had asked the USPTO in May to cancel the trademark, calling it a common phrase that Taco John's had monopolized unfairly in the restaurant industry. Representatives for Taco Bell did not immediately respond to a request for comment on the Tuesday filing. A separate Taco Bell challenge to that trademark is still pending. Taco John's told the USPTO last month that Taco Bell was only seeking to sell more tacos, and that its mark did not prohibit anyone "from advertising and selling tacos on Tuesday."

Persons: Taco Bell, John's, Taco John, Jim Creel, Taco John's, Gregory Gregory, Taco, Blake Brittain, David Bario, David Holmes Organizations: Brands, U.S . Patent, Office, Yum Brands, Taco, Gregory's, Bell, Reuters, Taco Bell, USPTO, Thomson Locations: Taco, Cheyenne , Wyoming, U.S, New Jersey, Somers Point, Washington ,

☆ Dollar decline slows as investors wait on Fed
▼ + stars: | 2023-07-17 | by ( Karen Brettell | ) www.reuters.com time to read: +3 min

This week is likely to see the dollar consolidate as investors wait on the Federal Reserve’s meeting next week, when the U.S. central bank is expected to hike rates by an additional 25 basis points. The pace of last week’s dollar decline “seemed unusually large,” said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York, noting that the market should steady and see a firmer dollar this week. Fed funds futures traders are pricing in an additional 32 basis points of tightening with the benchmark rate expected to peak at 5.40% in November. The dollar index was last down 0.12% at 99.832, after falling to 99.574 on Friday, the lowest since April 2022. The dollar dipped 0.07% against the Japanese yen to 138.65, after dropping to 137.245 on Friday, the lowest since May 17.

Persons: ”, Marc Chandler, Francesco Pesole, Bundesbank, Joice Alves, David Holmes, Andrea Ricci Organizations: YORK, Federal, Bannockburn Global, Treasury, ING, International Monetary Fund, European Central Bank, Thomson Locations: U.S, Bannockburn, New York, Germany, London

☆ Credit Suisse announces management changes at Swiss bank
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: 1 min

ZURICH, July 17 (Reuters) - Credit Suisse Switzerland executive board member Daniel Hunziker will take over the leadership of the bank's corporate clients business, it said on Monday. Hunziker will take on the new position in addition to his existing job as head of institutional clients at Credit Suisse with immediate effect. The move is the latest management change announced since UBS's (UBSG.S) takeover of Credit Suisse. Credit Suisse also announced on Monday that Andreas Gerber, head of corporate banking and another member of the Credit Suisse Switzerland executive board, will leave the bank. The banking veteran will "take a break for the time being" after 34 years at Credit Suisse and Schweizerische Volksbank, Credit Suisse said.

Persons: Daniel Hunziker, Hunziker, Andreas Gerber, John Revill, David Holmes Organizations: Credit Suisse, Thomson Locations: ZURICH, Credit Suisse Switzerland, Schweizerische

☆ UBS investors warm to Credit Suisse deal
▼ + stars: | 2023-07-17 | by ( Oliver Hirt | ) www.reuters.com time to read: +6 min

Several fund managers who hold UBS stock have told Reuters they think UBS has bought Credit Suisse at a good price, with some even describing it as a steal. "UBS got Credit Suisse for practically nothing, so accordingly the deal will work out for them," another investor told Reuters. Still, UBS inherits a troubled legacy at Credit Suisse, said Thomae, pointing to legal risks which UBS has said could cost billions of dollars. Rivals have poached entire teams from Credit Suisse, he said, and some clients are likely to follow them. Deka's Thomae said UBS and Credit Suisse together would have a market share in Switzerland that is just within acceptable limits.

Persons: Colm Kelleher, Guy de Blonay, Andreas Thomae, Thomae, de Blonay, De Blonay, JP Morgan, Kian Abouhossein, Julius Baer, Deka's Thomae, Oliver Hirt, John Revill, David Holmes Organizations: Credit Suisse, UBS, Switzerland's, Reuters, Jupiter Asset Management, CS, Swiss, UBS AG, Credit Suisse AG, STATE, Deka Investment, Fund, Rivals, Suisse, JP, Suisse's, Investors, Credit, Thomson Locations: ZURICH, Suisse's Swiss, Switzerland

CLIMBING CAPACITYA major driver behind Europe's broad gains in solar generation has been the steep increases seen in capacity additions throughout the continent. Europe installed solar capacity in key European marketsThe Netherlands lifted installed solar capacity by a record 51.5% in 2022, and overtook Spain as the region's third-largest solar capacity nation, while number four nation Spain increased solar capacity by just over 28%. FULFILLING POTENTIALWhile installed solar capacity is a critical first step in ensuring increased solar power generation in any country, a nation's theoretical solar generation potential is another vital factor that determines overall solar output. Turkey (4.32 kWh/kWp), Greece (4.14) and Italy (3.99) all also ranked relatively high on the solar potential table. Such significantly lower solar potential scores indicate far lower efficiency levels at solar production sites compared with those located further south in locations such as Spain and Greece.

Persons: Ember, Gavin Maguire, David Holmes Organizations: The World Bank, Reuters, Thomson Locations: Europe, Spain, Germany, France, Italy, Netherlands, Turkey, Greece

☆ Ukraine says fighting in east has intensified
▼ + stars: | 2023-07-16 | by ( ) www.reuters.com time to read: +2 min

KYIV, July 16 (Reuters) - Fighting in eastern Ukraine has "somewhat intensified" as Ukrainian and Russian forces clash in at least three areas on the eastern front, a senior Ukrainian defence official said on Sunday. Separately, the Ukrainian military indicated it had taken control of part of a southeastern village in Donetsk region, near a string of small settlements Ukraine recaptured in June. Deputy Defence Minister Hanna Maliar said on Telegram that Russian forces have been attacking in the direction of Kupyansk in the Kharkiv region for two successive days. Maliar also said the two armies were pummelling one another around the ruined city of Bakhmut but that Ukrainian forces were "gradually moving forward" along its southern flank. Kyiv has made incremental gains in parts of the east and south since launching its long-awaited counteroffensive.

Persons: Hanna Maliar, Maliar, Vladimir Putin, Dan Peleschuk, Nick Starkov, Elaine Monaghan, David Holmes, Alexandra Hudson, Sandra Maler Organizations: Thomson Locations: Ukraine, Russian, Ukrainian, Donetsk region, Staromayorske, Russia's, Kupyansk, Kharkiv, Bakhmut, Avdiivka, Kyiv

☆ Kuwait to set up new sovereign fund to develop mega projects and local economy
▼ + stars: | 2023-07-16 | by ( Ahmed Hagagy | ) www.reuters.com time to read: +2 min

KUWAIT CITY, July 16 (Reuters) - Kuwait plans to establish a new sovereign fund to develop its local economy, spearhead mega projects, and attract funds from foreign investors and the private sector, according to a government plan seen by Reuters on Sunday. The government has tasked the Ministry of Finance and the Kuwait Investment Authority (KIA) with studying plans for the proposed fund, dubbed Ciyada, Arabic for sovereign, the document says. Ciyada Development Fund will be used to spearhead domestic investments, intended to fuel economic development and diversify Kuwait's economy, the document says. Ciyada would accelerate Kuwait's economic growth, promote transformation and progress in various fields of development, through strategic planning and implementation of major development projects, the document says. Abu Dhabi for instance in 2002 created Mubadala Development Co to diversify the emirate's economy and accelerate development.

Persons: Mubadala, Prince Mohammed Bin Salman's, Ahmed Hagagy, Hadeel Al Sayegh, David Holmes Organizations: KUWAIT CITY, Reuters, Sunday, Ministry of Finance, Kuwait Investment Authority, Ciyada, Kuwait Investment Office, Reserve Fund, Fund, Government, International Petroleum Investment Co, Mubadala, Saudi Arabia's Public Investment Fund, Thomson Locations: KUWAIT, Kuwait, Abu Dhabi

☆ Czech billionaire Kretinsky closes in on Casino after 3F abandons bid
▼ + stars: | 2023-07-16 | by ( ) www.reuters.com time to read: +2 min

Kretinsky has been vying to take control of Casino against the 3F Holding group, led by telecoms entrepreneur Xavier Niel, investment banker Matthieu Pigasse and businessman Moez-Alexandre Zouari. The group is saddled with net debt of 6.4 billion euros ($7.1 billion) and is teetering on the brink of default. "Today, after months of work, 3F has decided to not submit an offer," 3F said in a statement. Along with Marc Ladreit de Lacharrière’s Fimalac, he would inject 1.2 billion euros ($1.35 billion) in equity to take a 53% stake in France's sixth-largest retailer. The bidders would also convert 4.9 billion euros of debt into equity.

Persons: Daniel Kretinsky, Kretinsky, Xavier Niel, Matthieu Pigasse, Moez, Alexandre Zouari, 3F's, Marc Ladreit de, Fimalac, Casino, John Irish, David Holmes, Emelia Organizations: Casino, 3F, Attestor, Financial, Global Commerce, Financial Times, Thomson Locations: Czech, France's, Casino

LONDON, July 17 (Reuters) - Senior doctors in England will hold two days of strikes in August, their union the British Medical Association (BMA) said on Monday, dismissing a 6% pay rise announced by government last week as a "savage" real-terms wage cut. Sunak last week described recent public sector pay increases as a final settlement, warning they would cost billions, require budget cuts elsewhere, and would not be subject to further negotiation. While teaching unions paused strikes and recommended accepting their deal, doctors' unions were unimpressed after what they say have been years of pay erosion for their members. "The government has once again imposed a savage real terms pay cut on consultants," said Vishal Sharma, the BMA's consultants committee chair. This week's strikes will be the first by consultants in the current pay dispute and are expected to put the NHS under serious strain.

Persons: Rishi Sunak's, Vishal Sharma, William James, David Holmes Organizations: British Medical Association, BMA, National Health Service, Thomson Locations: England, Sunak

☆ Thousands evacuated as firefighters battle La Palma wildfire
▼ + stars: | 2023-07-16 | by ( Borja Suarez | ) www.reuters.com time to read: +3 min

[1/9] General view of the Tijarafe fire on the Canary Island of La Palma, Spain July 16, 2023 REUTERS/Borja SuarezJuly 16 (Reuters) - Firefighters were trying to contain a wildfire which burned out of control and forced the evacuation of at least 4,000 people on the Spanish island of La Palma, authorities said on Sunday. Firefighters were burning an area to ensure the blaze stopped at a road and did not spread further. “That is what we are going to do to secure all this area and try to save a house. "There has been some resistance by local people to leaving their homes, but I appeal to people to be responsible," Clavijo told reporters in La Palma. King Felipe VI of Spain telephoned Clavijo on Saturday to express his support with the people of La Palma, the Spanish royal household said.

Persons: Borja Suarez, ” Jose Fernandez, ” Manuel, Fernando Clavijo, Clavijo, King Felipe VI of Spain, Borja Suarea, Silvio Castellanos, Graham Keeley, Barbara Lewis, David Holmes Organizations: REUTERS, Firefighters, La Palma, Reuters, ”, La, Thomson Locations: La Palma, Spain, El Pinar de Puntagorda, Puntagorda, Tijarafe, Africa, Europe, Canary, Tenerife

☆ UK defence minister Wallace to step down as lawmaker at next election
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +2 min

Summary Wallace has been defence minister for four yearsHelped lead UK response to Russia's invasion of UkraineWallace warns Britain faces more conflict this decadeLONDON, July 15 (Reuters) - British defence minister Ben Wallace will not stand as a member of parliament (MP) in the next UK national election, and will leave government when Prime Minister Rishi Sunak carries out his next cabinet reshuffle, he told The Sunday Times newspaper. He has been defence secretary for four years, helping lead Britain's response to Russia's invasion of Ukraine. The newspaper said Wallace told Sunak his plans on June 16 but had hoped to make the announcement over the summer before leaks forced his hand. In the interview, Wallace said his greatest concern was the danger of military conflict with Russia, accidental or otherwise. Whether it is a cold or a warm conflict, I think we’ll be in a difficult position," he said.

Persons: Wallace, Ukraine Wallace, Ben Wallace, Rishi Sunak, I'm, Sunak, Jens Stoltenberg, Putin, ” Wallace, “ He’s, he’s, James Davey, David Holmes, Christina Fincher Organizations: Sunday Times, Conservative, Preston North, Sunak, NATO, Thomson Locations: Ukraine, Wyre, England, Britain, Russia

☆ Sudan government representatives arrive in Jeddah to resume talks with RSF
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +1 min

July 15 (Reuters) - Sudanese representatives have arrived in Saudi Arabia's Jeddah to resume talks with the paramilitary Rapid Support Forces (RSF), Sudanese government sources told Reuters on Saturday, after three months of fighting between the army and RSF. Previous talks in Jeddah facilitated by Saudi Arabia and the United States were suspended by both countries in early June after numerous ceasefire violations. Saudi Arabia and the U.S. have yet to confirm the resumption of talks between Sudan's warring factions. Separately, a mediation attempt launched by Egypt began on Thursday, an effort welcomed both by the Sudanese army, which has close ties to Egypt, and the RSF. A series of ceasefires have failed to halt the fighting which broke out on April 15 as the army and RSF vied for power.

Persons: RSF, Khalid Abdelaziz, Muhammad Al Gebaly, Hatem Maher, Frnces Kerry, David Holmes Organizations: Rapid Support Forces, Reuters, U.S, Thomson Locations: Saudi, Jeddah, Saudi Arabia, United States, Egypt, Sudanese, Omdurman

☆ Italy foreign minister Tajani succeeds Berlusconi as Forza Italia chief
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +2 min

ROME, July 15 (Reuters) - Italian Foreign Minister Antonio Tajani was elected on Saturday as leader of Forza Italia, the conservative party founded 29 years ago by billionaire media tycoon Silvio Berlusconi who died last month. "I am receiving an almost impossible inheritance," he told the Rome gathering of Forza Italia's national, European and local representatives. Forza Italia is the junior partner among the three main parties in Giorgia Meloni's right-wing government, behind the premier's own Brothers of Italy and Matteo Salvini's League. Recent polls put Forza Italia's support at about 7%, behind the League on around 10% and Brothers of Italy close to 30%. After beginning his political activity in a tiny monarchist movement in the 1980s, Tajani joined Forza Italia when it was founded in 1994 and was Berlusconi's spokesman in his first government that year.

Persons: Antonio Tajani, Silvio Berlusconi, Tajani, Berlusconi, Matteo Salvini's, Gavin Jones, David Holmes Organizations: Forza Italia, Forza Italia's, League, Thomson Locations: Italy, Brussels, Rome, Giorgia

☆ Indian gaming firms say new tax will stifle foreign investment
▼ + stars: | 2023-07-15 | by ( Aftab Ahmed | ) www.reuters.com time to read: +2 min

NEW DELHI, July 15 (Reuters) - India's new 28% tax on online gaming companies will stifle foreign investment and put $2.5 billion already invested in the sector at risk, more than 100 gaming firms have said in a letter to India's finance ministry. India this week announced the tax on the funds that online gaming companies collect from their customers. Games such as fantasy cricket have became increasingly popular in recent years, but have also raised concerns about addiction among players. Top investors including Tiger Global and Peak XV, previously known as Sequoia Capital India, have invested in Indian gaming companies such as Dream11 and Mobile Premier League. Many Indian ministers view bets on online gaming platforms as a "social evil", Malhotra had said.

Persons: MPL, Sanjay Malhotra, Malhotra, Arpan Chaturvedi, Aftab Ahmed, Aditya Kalra, David Holmes Organizations: Tiger Global, Sequoia Capital, Mobile Premier League, Federal, Reuters, Indian Premier League cricket, Thomson Locations: DELHI, India, Sequoia Capital India

☆ Russia's FSB thwarts attempts to kill two prominent journalists, Interfax reports
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +1 min

July 15 (Reuters) - Russia's FSB security service said on Saturday it had thwarted alleged Ukrainian-backed plots to kill two prominent Russian journalists, Interfax news agency reported. There was no immediate comment from Ukraine, which in the past has denied involvement in assassinations of pro-war figures inside Russia. Two prominent pro-war Russian figures, journalist Darya Dugina and military blogger Vladlen Tatarsky, have been killed in bomb attacks inside Russia in the past year. Russia blamed their killings on Ukraine, while Kyiv denied that and portrayed them as evidence of Russian infighting. In May a prominent Russian nationalist writer, Zakhar Prilepin, was wounded in a car bombing that killed his driver.

Persons: Margarita Simonyan, Darya Dugina, Vladlen Tatarsky, Zakhar Prilepin, David Holmes Organizations: Kyiv, Reuters, Thomson Locations: Ukrainian, Ukraine, Russia, Russian

"We're keeping a particularly close eye on the current tensions between the U.S. and China," said Florent Menegaux, chief executive of French tyremaker Michelin. "When we see the impact that the IRA will have (on European companies), I think we haven't talked enough about it at this conference," a senior banker said. "There is a big risk that European companies will shift their investments (from Europe to the United States)." Some say the main concern is the time taken by European Union authorities to respond. "I understand the frustration, but when you look at the details of the extent to which the United States is subsidising its domestic industry, it is not greater than what the Europeans do themselves," Boushey said.

Persons: Jean, Dominique Senard, Ludovic Marin, Florent Menegaux, Menegaux, Christel Bories, Bories, Veronika Grimm, Heather Boushey, Boushey, Mathieu Rosemain, David Holmes Organizations: Renault SA, U.S, French, Michelin, Renault, European Union, Reuters, White House Council, Economic Advisers, Thomson Locations: Japan, Douai, France, PROVENCE, United States, China, Europe, Indonesia, America

☆ Zimbabwean court upholds opposition campaign launch ban
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +1 min

BINDURA, Zimbabwe, July 9 (Reuters) - A Zimbabwean court on Sunday upheld a ban on the planned campaign launch by main opposition party Citizens Coalition for Change (CCC), the third of its rallies to be banned as its leader Nelson Chamisa face hurdles on his campaign trail. CCC was scheduled to hold its campaign launch on Sunday in Bindura, about 100 km (62 miles) north of the capital Harare, but police banned the gathering citing problems with the venue. Bindura Magistrate Mary Musika then upheld the ban, saying CCC had failed to notify the police on time. A handful of opposition supporters chanted party slogans as they protested outside the court, adding they were not free to support their party. "It is disheartening because ZANU PF is allowed to campaign freely but they are using the law to block our rallies.

Persons: Nelson Chamisa, Mary Musika, Agency Gumbo, Patience Chigwande, Emmerson Mnangagwa, Nyasha Chingono, Olivia Kumwenda, David Holmes Organizations: Coalition, CCC, Agency, ZANU, ZANU PF, Reuters, Political, Thomson Locations: BINDURA, Zimbabwe, Bindura, Harare

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