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☆ Goldman Sachs weighs sale for part of its wealth business
▼ + stars: | 2023-08-21 | by ( Saeed Azhar | ) www.reuters.com time to read: +2 min

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Aug 21 (Reuters) - Goldman Sachs (GS.N) is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich. The purchase aimed to broaden Goldman's client list beyond the ultra-rich, but the unit has remained a small part of the bank's wealth business. Goldman's private wealth unit oversees $1 trillion in assets for ultra-high net worth clients. The bank plans to grow its core wealth business serving ultra-high net worth clients, reiterating aspirations from its investor day in late February.

Persons: Goldman Sachs, Andrew Kelly, Goldman, David Solomon, Solomon, Marcus, Saeed Azhar, Lananh Nguyen, Tom Hogue Organizations: New York Stock Exchange, REUTERS, United Capital Financial Partners, Thomson Locations: New York City , New York, U.S, Ayco

☆ Oil edges up on tighter supplies, heating oil prices
▼ + stars: | 2023-08-21 | by ( Natalie Grover | ) www.reuters.com time to read: +3 min

REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsSummary China draws on record inventories amid high prices - dataBouyant price of heating oil lifts crude prices - analystChina economic sentiment, US rate hike risk continues to weighLONDON, Aug 21 (Reuters) - Oil prices edged higher on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concerns about global demand growth amid high interest rates. The September WTI contract expires on Tuesday and the more active October contract gained 78 cents to $81.44 a barrel. As well, "the dollar seems to be taking somewhat of a breather, which would be providing some support," he said. A weaker dollar makes oil purchases less expensive for holders of other currencies, sparking demand. Also supporting crude is the buoyant price of heating oil, which is in focus as the northern hemisphere approaches darker months, said John Evans of oil broker PVM.

Persons: Lucy Nicholson, Brent, Warren Patterson, ING's, John Evans, Stefano Grasso, Natalie Grover, Florence, Mohi Narayan, Shri Navaratnam, Tom Hogue Organizations: REUTERS, U.S, West Texas, Organization of, Petroleum, Thomson Locations: Bakersfield , California, China, Saudi Arabia, Russia, OPEC, Saudi, 8VantEdge, Singapore, London, Florence Tan, New Delhi

☆ Oil prices climb on expectations of lower OPEC+ exports in August
▼ + stars: | 2023-08-21 | by ( Florence Tan | ) www.reuters.com time to read: +2 min

REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsSummary China draws on record inventories amid high prices -analystsRussia remains China's top crude supplier in July -dataChina's July diesel exports surge -dataSINGAPORE, Aug 21 (Reuters) - Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. The September WTI contract expires on Tuesday and the more active October contract gained 73 cents to $81.39 a barrel. Supply is tightening, however, with OPEC+ crude exports set to fall a second month in August, said Stefano Grasso, a senior portfolio manager at 8VantEdge in Singapore, citing preliminary data from shiptracking firm Kpler. "Unless there is a recession and demand slows or drops, OPEC+ is in control." Meanwhile, Chinese refiners ramped up refined products exports in July, drawn by strong export margins.

Persons: Lucy Nicholson, Brent, Stefano Grasso, " Grasso, Baker Hughes, Florence Tan, Shri Navaratnam, Tom Hogue Organizations: REUTERS, U.S, West Texas, U.S ., Organization of, Petroleum, Thomson Locations: Bakersfield , California, China, Russia, SINGAPORE, Saudi Arabia, 8VantEdge, Singapore, OPEC, Saudi, United States

Zhang Yaoyu, PCI's global head of LNG trading, declined to comment on the company's traded volume, but said trading was part of the company's overall strategy. By 2026, Chinese companies are expected to have contracted LNG supplies of more than 100 million tons a year. That could mean a surplus of up to 8 million tons that year, according to consultancy Poten & Partners, or a deficit of 5 million to 6 million tons based on estimates from pricing agency ICIS. Qatar, which will be China's largest supplier for 2026, however, offers traditional LNG contracts that are restricted to a single destination or country. These openings in the market and a more liberalised domestic gas market have also prompted smaller Chinese gas distributors and importers to expand into the trading space.

Persons: Dado Ruvic, Toby Copson, Copson, it's, Zhang Yaoyu, Zhang, Jason Feer, Feer, Chen Aizhu, Emily Chow, Marwa Rashad, Yuka Obayashi, Tom Hogue Organizations: REUTERS, 2026 Companies, Shell, BP, International Energy Agency, Offshore Oil Corp, China Gas Holdings, HK, Qatar, Trident LNG, Sinochem, PetroChina International, Poten, Partners, Rystad Energy, Reuters Graphics Reuters, Reuters, PCI, U.S, Beijing Gas, Zhejiang Energy, JOVO Energy, Thomson Locations: Qatar, US, Europe, Asia SINGAPORE, London, Singapore, U.S, Oman, Canada, Mozambique, Shanghai, China, Japan, Beijing, Central Asia, Russia, Southeast Asia, South Korea, Ukraine, ENN, Tokyo

☆ Factbox: China's incumbent and upcoming LNG traders
▼ + stars: | 2023-08-21 | by ( Chen Aizhu | ) www.reuters.com time to read: +5 min

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. Below is a list of China's main gas traders and their operations globally, according to information from company sources and traders. In May, PCI became the first Chinese firm to gain long-term access to gas storage at a European gas terminal. CNOOC also plans to create a London desk in the coming year or two, following PCI and Unipec. Sumitomo Corp (8053.T), which has a desk to trade piped gas in London is considering expanding into LNG trading, said a company spokesperson.

Persons: Issei Kato, Keith Martin, Wang Bingsi, CNOOC, Norinco, ENN, Chen Aizhu, Yuka Obayashi, Florence Tan, Tom Hogue Organizations: REUTERS, Rights, PetroChina International, PCI, London, Gazprom, China National Offshore Oil Company, Gas Co, ENN, LNG, Beijing Gas, Zhejiang Energy, Zhejiang Energy Zhejiang Energy, Exxon Mobil, Mexico, China Gas Holding, China Gas, JOVO Energy, Privately, SOUTH, Mitsubishi Corp, Marubeni Corp, Tokyo Gas, Korea's SK E, Sumitomo Corp, Thomson Locations: Futtsu, Tokyo, Japan, London, Singapore, Beijing, Dubai, Houston, Sinopec, China, Jiangsu province, ENN, U.S, Hebei, Shenzhen, CNOOC, Zhejiang Energy Zhejiang, Zhejiang, Ningbo, Wenzhou, Zhejiang province, HK, Guangxi province, Yantai, Shandong province, Guangdong, Guangzhou, JAPAN, SOUTH KOREA, Asia

☆ Iran foreign minister to visit Saudi Arabia on Thursday -state TV
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

Iranian Foreign Minister Hossein Amirabdollahian is seen before a meeting with Japanese Prime Minister Fumio Kishida (not in picture) at Kishida's official residence in Tokyo, Japan August 7, 2023. REUTERS/Issei Kato/Pool/file photo Acquire Licensing RightsDUBAI, Aug 17 (Reuters) - Iran Foreign Minister Hossein Amirabdollahian will visit Saudi Arabia on Thursday, Iran state TV reported on Thursday. In June, Saudi Arabian Foreign Minister Prince Faisal bin Farhan met with Iranian officials in Tehran on his first visit to the country after the resumption of diplomatic ties with the Islamic republic in March. In March, Iran and Saudi Arabia agreed in a China-brokered deal to end a diplomatic rift and reestablish relations following years of hostility that had endangered regional stability in the Gulf, as well as in Yemen, Syria and Lebanon. Saudi Arabia broke ties with Iran in 2016 after protesters attacked its embassy in Tehran in retaliation for Riyadh's execution of a prominent Shiite cleric.

Persons: Hossein Amirabdollahian, Fumio Kishida, Issei Kato, Prince Faisal bin Farhan, Tom Hogue Organizations: Iranian, Japanese, REUTERS, Rights, Saudi Arabian Foreign, Dubai Newsroom, Thomson Locations: Tokyo, Japan, Iran, Saudi Arabia, Saudi, Tehran, China, Yemen, Syria, Lebanon

☆ Israel says Arrow-3 missile-killer sale to Germany approved by U.S.
▼ + stars: | 2023-08-17 | by ( Dan Williams | ) www.reuters.com time to read: +2 min

REUTERS/Amir Cohen/FILE PHOTO Acquire Licensing RightsJERUSALEM, Aug 17 (Reuters) - The United States approved a $3.5 billion sale of Israel's Arrow-3 missile defence system to Germany on Thursday, clearing the way for delivery in 2025 and full operational deployment by 2030, Israeli officials said. The U.S. is a partner in the Arrow project, which was developed jointly by the Israel Missile Defence Organisation and the United States Missile Defense Agency. The Germany deal, which would be Israel's biggest ever defence sale, follows a European arms build-up in response to Russia's war in Ukraine. While Patriot and IRIS-T cover the medium layer of air defence, Arrow-3 - in whose production Boeing Co (BA.N) is also involved - offers protection for the higher layer. Israel's Army Radio said the signing ceremony with Germany on the Arrow-3 sale was expected to take place in November.

Persons: Amir Cohen, Moshe Patel, Patel, Boaz Levy, Dan Williams, Tom Hogue, Raju Gopalakrishnan Organizations: REUTERS, Rights, United, Israel Missile Defence Organisation, United States Missile Defense Agency, Israel's Defence Ministry, Israeli Missile Defence Organisation, Israel Aerospace Industries, IRIS, Boeing Co, Israel's Army Radio, Thomson Locations: Ashdod, United States, Germany, U.S, Ukraine, Israel, Russia

☆ Oil slips as China sours sentiment
▼ + stars: | 2023-08-15 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. In a surprise move, China's central bank marginally cut key interest rates on Tuesday, after a broad array of data highlighted intensifying pressure on the economy, mainly from the property sector. There are concerns China may struggle to meet its growth target of about 5% for the year without more fiscal stimulus. On Tuesday, Barclays cut its forecast for China's 2023 gross domestic product growth to 4.5%, citing a faster-than-expected deterioration in the housing market. Still, sentiment on China is souring, added PVM's Evans.

Persons: Stringer, galvanise, John Evans, refiners, PVM's Evans, Natalie Grover, Muyu Xu, Katya Golubkova, Tom Hogue, Jason Neely, Tomasz Janowski Organizations: REUTERS, Garden Holdings, Brent, . West Texas, of, Petroleum, Tuesday, Barclays, Thomson Locations: Ningbo Zhoushan, Zhejiang province, China, Saudi Arabia, Russia, OPEC

☆ Oil edges up as China cuts policy rates to support economy
▼ + stars: | 2023-08-15 | by ( Muyu Xu | ) www.reuters.com time to read: +2 min

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. Prices turned higher after the People's Bank of China (PBOC) lowered the rate on 401 billion yuan ($55.3 billion) in one-year medium-term lending facility (MLF) loans to some financial institutions by 15 basis points to 2.5%. Despite the weak macroeconomic data, China's oil appetite showed resilience. The declining U.S. output could exacerbate global oil supply tightness as the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, cut production. Reporting by Muyu Xu and Katya Golubkova; Editing by Sonali Paul and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Stringer, Robert Carnell, refiners, Muyu Xu, Katya Golubkova, Sonali Paul, Tom Hogue Organizations: REUTERS, Garden Holdings, SINGAPORE, Brent, . West Texas, People's Bank of China, ING Bank, Energy, of, Petroleum, Thomson Locations: Ningbo Zhoushan, Zhejiang province, China, Beijing, Asia Pacific, OPEC

☆ Oil steadies as China data sours sentiment
▼ + stars: | 2023-08-15 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. REUTERS/Stringer /File PhotoCompanies Country Garden Holdings Co Ltd FollowLONDON, Aug 15 (Reuters) - Oil prices stabilised on Tuesday as sluggish Chinese economic figures were countered by Beijing unexpectedly cutting key policy rates for the second time in three months. China's industrial output and retail sales data on Tuesday showed the economy slowed further last month, intensifying pressure on already faltering growth and prompting authorities to cut key policy rates to shore up activity. In an effort to shore up support, the People's Bank of China (PBOC) lowered the rate on 401 billion yuan ($55.3 billion) in one-year medium-term lending facility (MLF) loans to some financial institutions by 15 basis points to 2.5%. Still, sentiment on China is souring, added PVM's Evans.

Persons: Stringer, galvanise, John Evans, Robert Carnell, refiners, PVM's Evans, Natalie Grover, Muyu Xu, Katya Golubkova, Tom Hogue, Jason Neely Organizations: REUTERS, Garden Holdings, Brent, . West Texas, of, Petroleum, People's Bank of China, ING Bank, Thomson Locations: Ningbo Zhoushan, Zhejiang province, China, Beijing, Saudi Arabia, Russia, OPEC, Asia Pacific

☆ Tesla cuts prices in China for select Model Y versions
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

Companies Tesla Inc FollowBEIJING, Aug 14 (Reuters) - Tesla (TSLA.O) on Monday said it has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, sending its shares lower on concern of further pressure on its profit margins. The electric-car company reduced the starting prices of both models by 14,000 yuan ($1,934.58). The Model Y Long Range's starting price drops 4.5% to 299,900 yuan and the starting price of the Model Y Performance is now 349,900 yuan, down 3.8%. Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing, China January 5, 2021. Last month, Tesla CEO Elon Musk said further price cuts were a possibility, even if it squeezed the automaker's margins.

Persons: Tesla, Chris McNally, Tingshu Wang, Elon Musk, Liz Lee, Samrhitha Arunasalam, Akash Sriram, Christian Schmollinger, Tom Hogue, Sharon Singleton Organizations: Tesla Inc, BEIJING, REUTERS, Deutsche Bank, Tesla's, China Passenger Car Association, Shanghai, Thomson Locations: China, U.S, Europe, Beijing, United States, Tesla's China, Bengaluru

☆ Apple supplier Foxconn's Q2 profit slips 1%, beats forecasts
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoTAIPEI, Aug 14 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics. The Taiwanese company, the world's largest contract electronics maker, said net profit for the April-June quarter slipped to T$33 billion ($1.0 billion) from a revised T$33.29 billion in the same period the previous year. It was better than an average forecast of T$25.57 billion profit from 13 analysts, according to Refinitiv. Foxconn said it expected revenue for its smart consumer electronics products to slightly decline year on year in the third quarter. Foxconn shares rose 1.4% ahead of the results on Monday, compared to a 1.3% fall in the main market (.TWII).

Persons: Dado Ruvic, Foxconn, Sarah Wu, Hung, Ben Blanchard, Tom Hogue Organizations: REUTERS, Apple Inc, TW, Thomson Locations: TAIPEI, Taiwan

Aug 14 (Reuters) - Oil prices declined more than 1% on Monday as concerns about China's faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts. A stronger dollar pressures oil demand by making the commodity more expensive for buyers holding other currencies. It has been singularly focused on U.S. economic optimism, to the exclusion of the increasingly stronger headwinds blowing in the eurozone and China," said Vandana Hari, founder of oil market analysis provider Vanda Insights. "A rebalancing is overdue but it may need a reality check in the markets stateside," Hari said. In the United States, the number of operating oil rigs held steady at 525 last week, after falling for eight weeks in a row, according to Baker Hughes weekly report.

Persons: Vandana Hari, Hari, Tina Teng, Brent, Baker Hughes, Florence Tan, Mohi Narayan, Tom Hogue, Sonali Paul Organizations: Brent, West Texas, U.S, Federal, Vanda Insights, CMC, Organization of, Petroleum, International Energy Agency, Thomson Locations: China, OPEC, Saudi Arabia, Russia, Russian, Ukraine, United States, Singapore, New Delhi

Aug 14 (Reuters) - Oil prices eased on Monday as concerns about China's faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts. A stronger dollar pressures oil demand by making the commodity more expensive for buyers holding other currencies. "A rebalancing is overdue but it may need a reality check in the markets stateside," Hari said. In the United States, the number of operating oil rigs held steady at 525 last week, after falling for eight weeks in a row, according to Baker Hughes weekly report. Reporting by Florence Tan in Singapore and Mohi Narayan in New Delhi; Editing by Sonali Paul and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Vandana Hari, Hari, Tina Teng, Brent, Baker Hughes, Florence Tan, Mohi Narayan, Sonali Paul, Tom Hogue Organizations: Brent, West Texas, U.S, Federal, Vanda Insights, CMC, Organization of, Petroleum, International Energy Agency, Thomson Locations: China, OPEC, Saudi Arabia, Russia, Russian, Ukraine, United States, Singapore, New Delhi

☆ US bank Citi completes sale of Taiwan consumer unit to Singapore's DBS
▼ + stars: | 2023-08-14 | by ( Selena Li | ) www.reuters.com time to read: +1 min

[1/2] The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File PhotoHONG KONG, Aug 14 (Reuters) - U.S. bank Citigroup (C.N) has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group (DBSM.SI), it said on Monday. The now transferred retail business includes retail banking, credit card, mortgage and unsecured lending businesses, as well as the transfer of close to 3,000 employees. The lender plans to complete the sale of the ninth consumer unit in Indonesia later this year. Citi, in a major strategy shift, has said it plans to exit consumer banking across 14 markets globally.

Persons: Chris Helgren, HONG KONG, Selena Li, Tom Hogue Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, Singapore's DBS, Thomson Locations: Toronto , Ontario, Canada, HONG, Taiwan, Australia, Bahrain, India, Malaysia, Philippines, Thailand, Vietnam, Indonesia

☆ Tesla cuts prices in China for some Model Y versions
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File PhotoCompanies Tesla Inc FollowBEIJING, Aug 14 (Reuters) - Tesla Inc (TSLA.O) has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday. The car company dropped the starting prices of both models by 14,000 yuan ($1,934.58). The Model Y Long Range's starting price drops 4.5% to 299,900 yuan and the starting price of the Model Y Performance is now 349,900 yuan, down 3.8%. Last month Tesla CEO Elon Musk said further price cuts were a possibility, even if it squeezed the automaker's margins.

Persons: Arnd, Tesla, Elon Musk, Liz Lee, Christian Schmollinger, Tom Hogue Organizations: REUTERS, Inc, BEIJING, Tesla Inc, Tesla's, China Passenger Car Association, Shanghai, Thomson Locations: Bern, Switzerland, China, United States, Tesla's China

A general view shows a special ship, "Neptune", the floating liquefied natural gas terminal, during the inauguration of the Liquefied Natural Gas (LNG) terminal 'Deutsche Ostsee' in the port of Lubmin, Germany January 14, 2023. REUTERS/Annegret Hilse/File PhotoLAUNCESTON, Australia, Aug 14 (Reuters) - The comfort that had characterised natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian liquefied natural gas (LNG) plants. Benchmark Dutch natural gas prices jumped 28.3% from the close on Aug. 8 to the finish on Aug. 10 as reports of the looming strike action spooked the market. Woodside and Chevron are engaging in talks with labour unions at the LNG facilities, and it's not yet clear what form any strike action would take, assuming no agreement can be reached. Europe's LNG imports in contrast have been trending lower as the continent's natural gas storages remained elevated and demand shifts structurally lower as countries move to reduce reliance on fossil fuels.

Persons: Annegret, Tom Hogue Organizations: REUTERS, Woodside Energy, Chevron, West Shelf, Benchmark, South Korea, China, Reuters, Thomson Locations: Lubmin, Germany, LAUNCESTON, Australia, Asia, Europe, Western Australia, North Asia, Woodside, Chevron, Ukraine, Japan, South Korea, Qatar, United States

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File photoAug 5 (Reuters) - Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter. "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X, adding that there will be no limits to funding the bills. The figures came as the company is going through organizational changes and is looking to boost dropping advertising revenue. An upturn in advertising revenue that had been expected in June failed to materialise.

Persons: Carlos Barria, Elon Musk, Musk, Juby Babu, Tom Hogue, Simon Cameron, Moore Organizations: REUTERS, Meta, Twitter, Thomson Locations: San Francisco , California, U.S, Bengaluru

☆ Too hot for K-pop as South Korea scrambles to save scout jamboree
▼ + stars: | 2023-08-06 | by ( Jack Kim | ) www.reuters.com time to read: +2 min

A British participant who left a camping site of the 25th World Scout Jamboree arrives at a hotel in Seoul, South Korea, August 5, 2023. REUTERS/Kim Hong-JiSEOUL, Aug 6 (Reuters) - A K-pop music concert scheduled for Sunday at a World Scout Jamboree in South Korea was postponed due to heat safety concerns as the host pressed on with the meet despite extreme temperatures that led three national contingents to pull out. Minister of Interior and Safety Lee Sang-min said the jamboree organisers "accepted the concerns over safety-related incidents" if the show was held on Sunday night. Temperatures at the jamboree site have hovered above 33 Celsius (91.4F). But the jamboree host and the government of South Korea said they had consulted with participating scouting contingents and decided the jamboree should continue.

Persons: Kim Hong, Ji, Lee Sang, Lee, Jacob Murray, Jack Kim, Tom Hogue Organizations: REUTERS, of Interior, World Organization of, Scout Movement, Thomson Locations: Seoul, South Korea, Ji SEOUL, American, Singapore

☆ Nigeria coach Waldrum says last-16 win over England would be 'huge'
▼ + stars: | 2023-08-06 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

"It would be a huge win," Waldrum told reporters on Sunday, a day ahead of Nigeria's last-16 match with the Lionesses. Nigeria are playing in their ninth World Cup, their top finish being a quarter-final appearance in 1999. "I have watched, just like you all have, this World Cup unfold and seen some of the story lines that are out there, with teams that are successful," Waldrum, an American, said. Nigerian striker Desire Oparanozie could make her first World Cup appearance on Monday after picking up an injury in training. Waldrum said Oparanozie's status is undetermined, but "the good thing is she's now available."

Persons: Randy Waldrum, Waldrum, we've, Desire Oparanozie, Lori Ewing, Tom Hogue Organizations: BRISBANE, Nigeria breezed, England, Down, Canada, Australia, Super Falcons, African, of Nations, Sunday, Thomson Locations: Nigeria, Nigeria's, Ireland, South Africa, Netherlands, Morocco, Africa

☆ China raises emergency response level for floods in northeast
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, Aug 6 (Reuters) - Authorities in northeastern China raised their emergency response level on Sunday as tributaries of the Songhua, a major river, rose to dangerous levels after days of heavy rain caused by Typhoon Doksuri. China's Ministry of Water Resources said it raised the response for flooding to Level III at 10 a.m. (0200 GMT) in Inner Mongolia, Jilin and Heilongjiang. China uses a four-tier emergency response system, with Level I the most urgent. China on Sunday allocated an additional 350 million yuan ($48.8 million) to support rescues and house repairs in the flood-hit regions including Beijing, Tianjin, Hebei, Heilongjiang and Jilin, according to a government statement. The government had previously allocated 170 million yuan for rescue and recovery work.

Persons: Doksuri, William Mallard, Tom Hogue Organizations: China's Ministry of Water Resources, Shanghai, Thomson Locations: SHANGHAI, China, China's, Inner Mongolia, Jilin, Heilongjiang, Beijing, Tianjin, Hebei

☆ Pakistan passenger train derails, killing at least 30 people, Geo reports
▼ + stars: | 2023-08-06 | by ( Charlotte Greenfield | ) www.reuters.com time to read: +1 min

ISLAMABAD, Aug 6 (Reuters) - A passenger train derailed in southern Pakistan on Sunday, killing at least 30 people and injuring more than 80, local broadcaster Geo reported citing a district official. Around 10 cars of a passenger train derailed in Nawabshah district in the southern province of Sindh, roughly 275 km (170 miles) from the country's largest city Karachi. [1/4]Pakistani army soldiers and rescue workers gather to search for survivors after a train derailed in Sarhari town in district Sanghar, Pakistan August 6, 2023. REUTERS/Yasir RajputGeo reported some people were still trapped inside a train car and others had been transferred to hospitals. A major train crash in Sindh in 2021 killed 56 people and injured more than 100.

Persons: Geo, Yasir Rajput Geo, Charlotte Greenfield, Tom Hogue, Alex Richardson Organizations: REUTERS, Initiative, Thomson Locations: ISLAMABAD, Pakistan, Nawabshah district, Sindh, Karachi, Sarhari, Sanghar

☆ Denmark ready to turn party poopers against Australia
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +2 min

"We're going to have our own party if we succeed in ruining a party and that part is fine by me. Denmark go into the contest after finishing second in Group D behind England with two wins and a defeat, the same record as Australia, who topped their group. Having made the last 16 at a World Cup for the first time since 1995, Sondergaard said he is leaving no stone unturned to continue their run. Australia captain Sam Kerr missed the team's three group stage games due to injury but should be fit for the Denmark clash. Sondergaard said Australia had shown they were just as good without their talisman, though.

Persons: Carl Recine, Lars Sondergaard, Monday's, Sondergaard, We've, Sam Kerr, Janni Thomsen, haven't, that's, Thomsen, Shrivathsa Sridhar, Tom Hogue Organizations: Soccer Football, FIFA, Sydney Football Stadium, REUTERS, Australia, England, Thomson Locations: New Zealand, England, Denmark, Sydney, Australia, Bengaluru

☆ Russia launches new burst of missile and drone attacks, Ukrainian air force says
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +2 min

Ukraine's air defence destroyed 30 out of 40 cruise missiles and all 27 of the Shahed drones that Russia launched overnight, the Air Force - which is celebrated in a holiday on Sunday - said on the Telegram messaging channel. It also said Russia launched three Kinzhal hypersonic missiles, but did not disclose any further information on them. "In total, in several waves of attacks, from the evening of Aug. 5 to the morning of Aug. 6, 2023, the enemy used 70 means of air assault weapons," the Air Force said. Air Force spokesman Yuriy Ihnat told the national Ukrainian broadcaster that one of the key targets for Russia's overnight attack was the Khmelnytskyi region. "Now, it is the Starokostiantyniv airfield that haunts the enemy," Ihnat said.

Persons: Serhiy Tiurin, Tiurin, Yuriy Ihnat, Ihnat, Lidia Kelly, Tom Hogue, Philippa Fletcher Organizations: Kyiv's Air Force, Air Force, Telegram, Russia, Reuters, Thomson Locations: Russia, Ukraine, Khmelnytskyi, Starokostiantyniv, Ukrainian, Warsaw

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