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An artificial heart by French manufacturer Carmat is seen during an interview with Reuters in Velizy, near Paris, January 11, 2021. Sources said Carmat, which had 24 million euros cash at mid-year, was looking to raise a total of around 100 million. Airbus said this week it had invested 50 million euros in Carmat but did not address whether it would spend more. It most recently invested 10 million euros in March 2022. Matra Defense paid a dividend of 207 million euros to Airbus in 2022, filings show.

Persons: Christian Hartmann, Jean, Luc Lagardere, Alain Carpentier, Carpentier, Stephane Piat, Emmanuel Macron, Thomas Toepfer, Piat, Samir Devani, Carmat, Tim Hepher, Michal Aleksandrowicz, Laura Lenkiewicz, Stephanie Hamel, Josephine Mason, Elaine Hardcastle Organizations: Reuters, REUTERS, Rights, Airbus, PARIS, Lagardere's Matra Defense, Carmat, Rx Securities, FDA, Zurich University, Matra Defense, Thomson Locations: Velizy, Paris, French, Carmat, United States, Lagardere, Taiwan

We are growing but nowhere near fast enough," said Ben Blackwell, CEO of the Global Wind Energy Council. In June, Siemens Gamesa said quality problems at its two most recent onshore wind turbines would cost 1.6 billion euros ($1.7 billion) to fix. "The ratio between risk and reward is out of line in the offshore wind market in many jurisdictions. You can see this from investors not showing up," the Global Wind Energy Council's Blackwell told Reuters. "The situation in U.S. offshore wind is severe," Orsted CEO Mads Nipper said last month.

Persons: Pascal, Jon Wallace, WindEurope, Markus Krebber, Germany's, Ben Blackwell, Rob West, Siemens Gamesa, Fraser McLachlan, McLachlan, Jochen Eickholt, Wallace, Energy Council's Blackwell, Denmark's Orsted, RWE's Krebber, Joe Biden's, Mads Nipper, Nina Chestney, Nichola Groom, Christoph Steitz, Nora Buli, Francesca Landini, Toby Sterling, David Clarke Organizations: REUTERS, Rights, European, Jupiter Asset Management, EU, Shell, Siemens, LinkedIn, Wind Energy, Thunder Said Energy, GCube Insurance, Bloomberg New Energy Finance, Energy, Reuters, European Commission, Thomson Locations: Le Havre, Normandy, France, European Union, Britain, Netherlands, Norway, Ukraine, Jupiter, U.S, Los Angeles, Frankfurt, Milan, Amsterdam

☆ Copper is critical to energy transition. The world is falling way behind on producing enough
▼ + stars: | 2023-09-27 | by ( Bob Woods | ) www.cnbc.com time to read: +8 min

watch nowIn the meantime, copper customers, in anticipation of shortages, are either delaying clean energy projects or reducing their need for copper, an economic principle known as demand destruction. Among other actions, it would dismantle most of the clean energy projects initiated by the Biden Administration. At that point, the consensus was that there would be a major copper supply response. That's presented the industry with a whole new era of copper demand, Adkerson said. China's economy has slowed, while those in the U.S. and Europe are striving to transition to clean energy.

Persons: Wood Mackenzie, Nick Pickens, we've, we're, Tesla, eyeing, Rishi Sunak, Richard Adkerson, he's, Adkerson, That's, Clayton Walker, Matt Murphy, Murphy, Walker Organizations: Polska Miedz SA, Bloomberg, Getty, EV, P, International Energy Agency, Heritage Foundation, Republican, Biden Administration, Phoenix, Resources, Freeport, Afp, Rio, Barclays, Rio Tinto, Caterpillar Locations: Glogow, Poland, Wood, EVs, McMoRan, Freeport, China, U.S, Europe, Papua, Freeport's Indonesia, Rio Tinto, Mongolia, Salt Lake City , Utah, Indonesia, Rio

☆ Asian Games: South Korea's Esports stars target medal success -- and a military exemption
▼ + stars: | 2023-09-26 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +15 min

For South Korean male participants, winning a gold medal in the Asian Games or Olympic Games not only brings honor but also grants them a military exemption. However, the mandatory duty can be waived for some athletes, in particular those who win an Olympic medal or a gold medal in the Asian Games. Seven games will be featured as official medal events at the 19th Asian Games, building on the success of the pilot event at the 2018 Jakarta-Palembang Games. The venue for the Asian Games esports competitions is state-of-the-art and an impressive sight to see. With its inclusion as an official Asian Games medal event, the possibility of esports becoming a part of the Olympic Games is a topic of growing debate.

Persons: Suga, Oh, Wang Zhao, Son Heung, ” Shin, ”, esports, ” Kim Sa, “, ” Lee Kyung, Kwak, hyouk, it’d, ” Kwak, Thailand’s Teedech, Lee Sang, –, Michael Chow, Yoonjung Seo, Michael Jordan, ” Chow, Faker, JUNG YEON, Philip Fong, Rowan Crothers, “ I’m, I’ll, ” Crothers, Jess Bolden, Chow, Niko, Young Organizations: CNN, Gaming, Hangzhou Asian Games, Asian Games, Games, BTS, Asian, Getty, Premier League soccer, Tottenham Hotspur, Marine Corps, Republic of Korea Marine Corps, “ Times, CNN Sport, FIFA, Hangzhou, South Korea, Believer Company, Riot, South, Team Korea, League, “ League, SK Telecom, Riot Games, Microsoft Studios, Xbox, Studios, International Federation of, Phonographic Industry, EA Sports FC Online, PUBG, of Valor, of, Olympic, International Olympic Committee, Maekyung Media, Paralympic, IOC, Kodikara, International Federations, Niko Partners Locations: South Korea, Hangzhou, AFP, Seogwipo, Jeju, Republic of, Seoul, esports, Jakarta, South, . South Korea, Palembang, Asia

☆ Vietnam interested in trade deal with Mercosur, says Brazil's Lula
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

[1/3] Brazil's President Luiz Inacio Lula da Silva greets Vietnam's Prime Minister Pham Minh Chinh during a news statement at the Itamaraty Palace in Brasilia, Brazil September 25, 2023. The move comes as the Mercosur bloc tries to finalize a long-awaited trade deal with the European Union, which the leftist leader has been pushing to be concluded by the end of this year. Canada, South Korea and Singapore are other countries in talks for trade deals with Mercosur. Lula had previously hinted at potential agreements with China, Indonesia, Vietnam and countries in Central America and the Caribbean. A memorandum of understanding on defense, Lula added, was the "first step" towards a future deal that would open room for his country to export defense products to the Asian nation, "including aircraft".

Persons: Luiz Inacio Lula da Silva, Pham Minh Chinh, Adriano Machado, Lula, Pham Minh, Minh Chinh, Vietnam's, Minh, Lisandra Paraguassu, Steven Grattan Organizations: Vietnam's, REUTERS, Rights, Mercosur, Vietnamese, European Union, EU, Saturday, Brazilian, Embraer, EMBR3, United Nations Security Council, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Vietnam, Argentina, Paraguay, Uruguay, Canada, South Korea, Singapore, China, Indonesia, Central America, Caribbean, Sao Paulo, Hanoi

☆ Man City make it perfect six, Everton get first win
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +4 min

Everton registered their first league victory of the season, producing an impressive display to win 3-1 at Brentford whose home struggles continued. "We played, I would say, 51, 52 minutes 10 against 11, so it was not easy, but we were fantastic," City manager Pep Guardiola said. Everton's James Tarkowski scored against his former club in a well-deserved 3-1 win at Brentford's Community Stadium. Victory lifted Everton out of the relegation zone and up to 15th with four points, with Brentford, without a home win this season, 12th on six. It secured Luton's first point in the top flight since April 1992 and they might have been celebrating a win.

Persons: Phil Foden, Erling Haaland, Morgan Gibbs, Kyle Walker, Matheus Nunes, Gibbs, White, Pep Guardiola, Guardiola, James Tarkowski, Abdoulaye Doucoure, Mathias Jensen, Tarkowski, Dwight, Dominic Calvert, Lewin, Mark Flekken, Victory, Ricner Bellegarde, Tom Lockyer, Pedro Neto, Joao Gomes, Carlton Morris, Jose Sa, Luton's, I'm, Rob Edwards, Martyn Herman, Christian Radnedge Organizations: Manchester City, Premier League, Nottingham Forest, Everton, Brentford, Luton Town, Wolverhampton Wanderers, Fulham, Selhurst, Manchester, Burnley, City, Tottenham Hotspur, Arsenal, West Ham United, Brentford's, England, Wolves, Luton, Thomson Locations: MANCHESTER, England, Manchester, White, Crystal, Liverpool, thump, Dwight McNeil's, Jean

☆ Man City make it perfect six, Man Utd and Everton get morale-boosting wins
▼ + stars: | 2023-09-23 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

Manchester United also got a much-needed 1-0 win at Burnley to snap a run of three straight defeats in all competitions. Everton registered their first league victory of the season, producing an impressive display to triumph 3-1 at Brentford whose home struggles continued. A City win never looked in doubt once Kyle Walker set up Foden to thump in the opener after a 46-pass move and Haaland headed powerfully into the net from a cross by Matheus Nunes. "We played, I would say, 51, 52 minutes 10 against 11, so it was not easy, but we were fantastic," City manager Pep Guardiola said. Victory lifted Everton out of the relegation zone and up to 15th with four points, while Brentford, without a home win this season, are 12th on six.

Persons: Fernandes, Phil Foden, Erling Haaland, Morgan Gibbs, Kyle Walker, Matheus Nunes, Gibbs, White, Pep Guardiola, Guardiola, Bruno Fernandes's, Jonny Evans, It's, Ten Hag, James Tarkowski, Abdoulaye Doucoure, Mathias Jensen, Tarkowski, Dwight, Dominic Calvert, Lewin, Mark Flekken, Victory, Ricner Bellegarde, Tom Lockyer, Pedro Neto, Joao Gomes, Carlton Morris, Jose Sa, Luton's, I'm, Rob Edwards, Martyn Herman, Christian Radnedge, Ken Ferris Organizations: Forest, United, Burnley, Everton, Brentford, Manchester City, Premier League, Nottingham Forest, Manchester United, Luton Town, Wolverhampton Wanderers, Fulham, Selhurst, City, Tottenham Hotspur, Arsenal, West Ham United, Brentford's, Wolves, Luton, The Hatters, Thomson Locations: Manchester, White, Crystal, Liverpool, thump, Dwight McNeil's, Jean

☆ New missiles could help Ukraine's future F-16 fighters to take on Russian jets, but the planes will likely be more useful for other missions
▼ + stars: | 2023-09-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +13 min

The Pentagon plans to send highly capable air-to-air missiles that the jets can carry. A US Air Force aircraft fuels craftsman marshals a US F-16 at Rovaniemi Air Base in Finland during Astral Knight 23 Part 6 on August 23, 2023. These capabilities, coupled with its physical design, make the F-16 a formidable opponent for Russian fighter jets like the MiG-31 and Su-35, experts and former pilots say. AdvertisementAdvertisementAn F-16C Fighting Falcon from the 85th Test Evaluation Squadron flies a test mission March 19, 2019 near Eglin Air Force Base, Fla. Snodgrass said these missiles are "fairly comparable" to Russian air-to-air missiles like the R-27 and R-77.

Persons: Albert Morel Additionally, John Baum, Baum, it's, Guy Snodgrass, Russia's Su, Joshua Hoskins, Snodgrass, Biden, ANDREY SMIRNOV, Doug Birkey, Evgeniy, we've, Tannehill, ABIS Kayla Hayes, Moscow's, Perry Aston Organizations: Pentagon, Aviation, Service, AIM, US Air Force, Rovaniemi Air Base, Astral, Russian, Squadron, Eglin Air Force Base, Air Missiles, Air & Space Forces Magazine, Washington, Air Missile, US Navy, Getty, Mitchell Institute for Aerospace Studies, AP, Kyiv, Avionics, 3C Orion, Marine Corps Base, Australian Defense Force, NATO, Army Tactical Missile, Storm, Alabama National, 187th Fighter Wing, Joint Base, Sweden, Gripen Locations: Wall, Silicon, Ukraine, Russian, Finland, Fla, Kyiv, Moscow, Russia, Marine Corps Base Hawaii, Crimean, Md, Stockholm

☆ Ukrainian heavy artillery inflicts 'hell' on Russian lines near Bakhmut
▼ + stars: | 2023-09-23 | by ( Anna Voitenko | ) www.reuters.com time to read: +2 min

Ukrainian servicemen fire a RAK-SA-12 small multiple launch rocket system towards Russian troops near the front line town of Bakhmut, amid Russia's attack on Ukraine, in Donetsk region, Ukraine July 10, 2023. Buoyed after the capture last week of the key village of Klishchiivka, Ukrainian troops have lauded the 155 millimetre howitzers as key equipment being provided by the United States and its NATO allies. Unit commander Oleksandr said Ukraine's armed forces "very much rely" on heavy artillery, including the Polish-made Krab gun and the U.S.-made M109 self-propelled howitzer. Oleksandr, 30, described Klishchiivka - a village on the heights south of the devastated town of Bakhmut - as "one of the places they (the Russians) were clinging to." The gains have been among the most significant in Ukraine's counteroffensive, which began in June and has struggled to break through entrenched Russian lines.

Persons: Sofiia, Oleksandr, Ukraine's, Volodymyr Zelenskiy, Anna Voitenko, Ronald Popeski, Max Hunder, Mike Harrison Organizations: REUTERS, West, Reuters, NATO, Thomson Locations: Bakhmut, Ukraine, Donetsk region, BAKHMUT, Russia, Klishchiivka, United States, U.S, Klischiivka, West

☆ Earth's mysterious core is weirder than you think, and we're only just beginning to uncover its secrets
▼ + stars: | 2023-09-22 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

Earth's core has baffled researchers for decades, and it still contains many secrets. AdvertisementAdvertisementA diagram shows the Earth's magnetic field deflecting waves of energy coming from the sun. The strength of Earth's magnetic field in 2020, as measured by the European Space Agency's SWARM satellites. The Earth's inner core may be spinning and might sometimes flip backwardThe core itself is not uniform. A graphic showing how iron crystals may be distributed and moved around the Earth's inner core.

Persons: Andrew Z, Colvin, Lutz Rastaetter, Christopher C, Finlay, al, Edward Garnero, Li, Lindsey Kenyon, Samantha Hansen, Insider's Morgan McFall, Johnsen, Chris Panella, John Vidale, UC Berkeley seismologist Daniel Frost, LiveScience Organizations: Service, NASA, Modeling, NASA Goddard Space, Wikimedia, German Research Center, Geosciences, European Space Agency, Arizona State University, Lindsey, University of Alabama, University of Southern, Washington Post, UC Berkeley Locations: South America, Antarctica, University of Southern California, Banda

South Africa has also been criticized for not publicly opposing Russia's war against Ukraine. Political Cartoons View All 1171 ImagesThe U.S. and South Africa announced in a joint statement that the forum will be held in Johannesburg, indicating a mending of relations following months of diplomatic tensions. South Africa is one of the biggest beneficiaries of AGOA, with exports to the U.S. through the act estimated at $3 billion in 2022. It also found that South Africa was not aware that the ship transporting military equipment ordered by the South African National Defense Force from the United Arab Emirates was a sanctioned Russian vessel. Leaders from various countries in sub-Saharan Africa and organizations are expected to attend the forum on Nov. 2-4.

Persons: Antony Blinken, Katherine Tai, Clayson Monyela, we’d, ” Monyela, Cyril Ramaphosa, R, Reuben Brigety Organizations: U.S ., Republican, Democratic, AGOA, Ukraine, South Africa, U.S . Trade, South Africa’s Foreign, Forum, SA, Twitter, South, U.S, South African National Defense Force, United Arab Locations: JOHANNESBURG, South Africa, U.S, U.S . Africa, Russia, Russian, Cape Town, AGOA, Africa, Ukraine, United States, China, Johannesburg, United Arab Emirates, Saharan Africa

☆ Gold prices dip as Fed ratchets up tightening bias
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: +2 min

A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. Bullion on Wednesday hit its highest since Sept. 1 before the U.S. Fed revised its economic projections with higher-for-longer rate warnings. "In the aftermath of the FOMC event, there have been some market jitters given the interest rate outlook. "The precious metal will probably need to rely on some slowing momentum in Treasury yields in order to post gains of any significance to the upside." Higher interest rates discourage the buying of non-interest-paying bullion, which is priced in dollars.

Persons: Tim Waterer Organizations: Heraeus SA, Solar, U.S ., Federal Reserve, U.S, Fed, KCM Trade, NAB Commodities Research, Bank of Locations: Budapest, Hungary

☆ For Tesla and Musk, Auto Strike Carries Benefits and Risks
▼ + stars: | 2023-09-21 | by ( Jack Ewing | More About Jack Ewing | ) www.nytimes.com time to read: +1 min

Activists must get at least 30 percent of workers to sign union cards and force a vote overseen by the National Labor Relations Board. Companies often do all they can to dissuade workers from joining, hiring lawyers and consultants who specialize in defeating union campaigns. The company reported profit of $2.7 billion on sales of $25 billion in the second quarter, giving it a profit margin of about 11 percent. That profit margin is more than that of Ford or G.M., even after an exceptionally profitable period for those companies. In August, United Parcel Service employees won their biggest raises ever in a contract negotiated by the International Brotherhood of Teamsters.

Persons: Tesla, Biden Organizations: National Labor Relations Board, Companies, Amazon, Ford, Fiat Chrysler, Peugeot SA, Hollywood, United Parcel Service, International Brotherhood of Teamsters Locations: Staten, unionize, United States

☆ Austria taps Embraer's C-390 aircraft to replace retiring C-130 fleet
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Johanna Geron/File Photo Acquire Licensing RightsVIENNA/SAO PAULO, Sept 20 (Reuters) - Austria plans to replace its retiring C-130 Hercules fleet with Embraer's (EMBR3.SA) C-390 Millenium military transport aircraft, the country's Defence Minister Klaudia Tanner said on Wednesday. Austria is aiming to buy about four aircrafts and is negotiating with the Netherlands on a potential joint order, Tanner told a news conference. Aside from an order for 19 C-390 aircrafts from the Brazilian Air Force, Portugal has ordered five and Hungary has requested two. Analysts at JPMorgan calculated that including the prospective orders from Austria and The Netherlands, the aircraft's potential lifetime sales stand at 35 units, 28 of which are still to be delivered. Shares in Embraer rose 2.85% in early trading on the Brazilian stock exchange, outperforming the Bovespa stock index (.BVSP), which rose 0.8%.

Persons: Klaudia Tanner, Johanna Geron, Tanner, JPMorgan, Francois Murphy, Peter Frontini, Andrew Heavens Organizations: Austria's Defence, Foreign Affairs, Defence, REUTERS, Rights, SAO PAULO, country's Defence, Embraer, Brazilian Air Force, KC, JPMorgan, Sao Paulo, Thomson Locations: Ukraine, Brussels, Belgium, Rights VIENNA, Austria, Netherlands, Portugal, Hungary, Czech Republic, South Korea, India, Sweden, The Netherlands, Vienna, Sao

Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. He said oil and gas reserves are depleting at 5-7% annually, and output will decline if companies stop investing to replace them. The Canadian government has not finalised subsidies for projects to capture and sequester emissions and is developing a cap on oil and gas emissions. Not all oil companies are reducing spending on production. Greater oil production could provide the revenue to pursue net-zero aims, Rath said.

Persons: Agustin Marcarian, Darren Woods, Amin Nasser, ", Aditya Ravi, Rystad's, Alex Pourbaix, Pourbaix, that's, Chris Severson, Baker, Omar Farouk Ibrahim, Ranjit Rath, Rath, Carlos Travassos, Yrjo Koskinen, Rod Nickel, Nia Williams, David Gregorio Our Organizations: REUTERS, Rights, World Petroleum Congress, Exxon Mobil, Aramco, Rystad Energy, International Energy Agency, Cenovus Energy, Canadian, European Union, Deloitte, African Petroleum Producers ' Organization, United Nations, Oil India, Investment, Petrobras, PETR4, University of Calgary, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Rights CALGARY , Alberta, Calgary, United States, Paris, Pembina, India, SA, Calgary , Alberta

☆ Olive oil prices surge over 100% to record highs, sparking cooking oil thefts
▼ + stars: | 2023-09-19 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Bottles of olive oil and sunflower oil at a Mercadona SA supermarket in Barcelona, Spain. Bloomberg | Bloomberg | Getty ImagesOlive oil prices spiked to fresh records as severe droughts in major producing countries crimp supplies — and drive up thefts in cooking oil. Spain, the world's largest producer and exporter of olive oil, has been battered by an intense drought for months. Olive oil thievesPrices of olive oil in Spain's Andalusia soared to €8.45 ($9.02) per kilogram in September, Mintec's benchmark showed. Shortly before that, thieves made off with 6,000 liters of extra virgin olive oil worth €50,000 from Terraverne oil mill, Spanish newspaper El Munco said.

Persons: Kyle Holland, Marin Serrano El Lagar, El Munco Organizations: Mercadona SA, Bloomberg, Getty, United States Department of Agriculture, CNBC, International Olive Council Locations: Barcelona, Spain, Italy, Greece, Spain's Andalusia, Spanish

☆ Ukraine war: NATO chief Jens Stoltenberg warns there will be no quick ending
▼ + stars: | 2023-09-17 | by ( Sophie Tanno | ) edition.cnn.com time to read: +4 min

CNN —NATO Secretary General Jens Stoltenberg has warned that the war in Ukraine could be long, as Kyiv’s counteroffensive against Russia continues to make only marginal gains. Therefore, we must prepare ourselves for a long war in Ukraine,” Stoltenberg said in an interview with German newspaper Berliner Morgenpost published Sunday. If President Putin and Russia laid down their weapons, we would have peace,” the NATO chief said. On the possibility of Putin using nuclear weapons in Ukraine, Stoltenberg said: “Putin’s nuclear rhetoric is dangerous and ruthless, but NATO is prepared for every threat and challenge. “The point of NATO is to prevent war – not least nuclear war.

Persons: Jens Stoltenberg, ” Stoltenberg, “, Zelensky, Putin, Stoltenberg, Sofiia Gatilova, Stepanov, ”, Mark Milley, Budanov Organizations: CNN, NATO, Berliner, Reuters, Getty, Russia, United, United States ’, Joint Chiefs, Staff, BBC Locations: Ukraine, Russia, Bakhmut, Reuters Ukrainian, Chernihiv, AFP, Moscow, Andriivka, United States

☆ Moscow has been surrounded by air defenses for a century, but they were never designed to stop the drones Ukraine is using now
▼ + stars: | 2023-09-17 | by ( David Hambling | ) www.businessinsider.com time to read: +11 min

In recent months, Moscow has seen high-profile drone attacks thought to be launched by Ukraine. Moscow has had air defenses for a century, but they haven't been designed for what Ukraine is doing. This is actually the inner defensive ring: The A135 system originally had an outer ring of 51T6 Gorgon missiles with megaton-class warheads. STR/NurPhoto via Getty ImagesAs far back as this January, Russian planners realized that Moscow was wide open to drone attacks. AP PhotoThe first drones hit Moscow in May, with waves of subsequent attacks continuing through July, August and September.

Persons: Yuriy Shipilov, Sefa, David Hambling Organizations: Ukraine, Service, UK's Ministry of Defense, Central Press, Kremlin, Ballistic, US Safeguard, Sprint, Spartan, Anadolu Agency, Getty, 1st Air Defense Army, National Security, Russian Federation, Aerospace Defense, Ministry of Defense, SA, Defense Ministry, Arsenal, Fatherland, Moscow Investigators, AP, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Moscow, Ukraine, Wall, Silicon, Filatov Lug, Lug, American, North Dakota, Soviet, Crimea, Syria, Libya, Russian, London

☆ The Fed is expected to hold rates steady next week, but its guidance will be key for investors
▼ + stars: | 2023-09-15 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Federal Reserve is widely anticipated to hold rates steady in the week ahead, but key for investors will be the central bank's guidance on where it's headed from here. Investors are assessing a mixed batch of economic reports ahead of the Fed's September policy meeting. Meanwhile, August retail sales came in better than expected, jumping 0.6% against a 0.1% increase expected by economists. Housing data released in the week ahead could show whether housing demand remains solid. Week ahead calendar All times ET.

Persons: Bank's Rob Haworth, Jerome Powell, Powell, Hogan, Instacart, Arm's, Mills, Lisa Cook, —, Jeff Cox, Michael Bloom Organizations: Federal Reserve, Dow Jones, Dow, Nasdaq, Investors, PPI, Federal, Riley, FedEx, Housing, Philadelphia Fed, Darden, FactSet, Systems, National Bureau of Economic Research, Artificial Intelligence, PMI, SA, PMI Manufacturing SA, PMI Services SA Locations: NAHB, Toronto, Canada

The Japanese conglomerate put in its offer to the European Commission on Thursday, the same day it requested EU clearance for the deal, an EU regulatory filing showed on Friday. The EU competition enforcer, which set a Nov. 6 deadline for its decision, did not provide details of the remedies in line with its policy. The company had sought EU approval in October last year but withdrew its application a month later. The deal underscores the consolidation in the rail industry, with independent players teaming up with bigger industrial groups. The Competition and Markets Authority (CMA) in August narrowed its concerns, saying the deal would not substantially lessen competition in the supply of communications-based train control signalling systems in the UK.

Persons: Arnd, Foo Yun Chee, David Evans, Louise Heavens Organizations: Hitachi, REUTERS, Companies Hitachi Ltd, Thales, Follow, European, UK Competition, Markets Authority, EU, Thomson Locations: Zurich, Switzerland, France, Germany

☆ Logitech founder calls on computer peripherals group to find new chairperson
▼ + stars: | 2023-09-15 | by ( John Revill | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Logitech International SA FollowZURICH, Sept 15 (Reuters) - Logitech (LOGN.S) co-founder Daniel Borel stepped up his call for it to find a new chairperson on Friday, after objecting to Wendy Becker's re-election to the role at the Swiss-American computer peripherals maker's AGM earlier this week. Borel, one of three people who founded Logitech (LOGN.S) in 1981, said the maker of computer mice and keyboards had lost its way under Becker, who has chaired it since September 2019. "I am not yet a dinosaur meddling, but I am worried about the future of Logitech, the company I created," Borel told Reuters. "Logitech needs a new chairperson, someone who can react to the changed market situation." Borel, who holds a stake of around 1.5% in Logitech said the downturn had not been recognised quickly enough.

Persons: Dado Ruvic, Daniel Borel, Wendy Becker's, Becker, Borel, Logitech, Jack Wills, Wendy, Bracken Darrell, John Revill, Alexander Smith Organizations: Logitech, REUTERS, Logitech International, Follow ZURICH, Swiss, Reuters, Thomson Locations: American, Swiss

☆ IMF's Argentina predicament: Seek reforms and tango on or kill the music
▼ + stars: | 2023-09-15 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +7 min

But that programme failed to put South America's second-largest economy back on its feet. Even if he wins the Oct. 22 election and takes power in December, Milei would need alliances in Congress to push through reforms and a new IMF programme - Argentina's 23rd. That effort paved the way for the $57 billion programme, which ultimately failed and was replaced by the current one. Reuters Graphics Reuters GraphicsPREFERENTIAL TREATMENTThe current programme could end before its expiration in September 2024, but Argentina will still require funds. Without mentioning Argentina, the U.S. - holding the largest voting power in the Fund - recently raised its concerns.

Persons: Javier Milei, Agustin Marcarian, Mauricio Macri's, Mark Sobel, Milei, Sobel, Sergio Massa, Martin Muehleisen, Muehleisen, Nestor Kirchner, Stephen Nelson, Nelson, Walter Stoeppelwerth, Simon Quijano, Evans, Gemcorp Capital, Jay Shambaugh, Jorgelina, Karin Strohecker, Paul Simao Organizations: Argentine, La Libertad Avanza, REUTERS, IMF, International Monetary Fund, South, Peronist, Analysts, Graphics, Review Department, U.S ., Northwestern University, Reuters Graphics Reuters, Gletir SA, Gemcorp, Thomson Locations: La Plata, Buenos Aires, Argentina, Washington, U.S, Chicago, Zambia, Sri Lanka, Ghana, Egypt, Burundi, Saharan Africa, Rosario

☆ A village on an Italian island is providing free housing to digital nomads
▼ + stars: | 2023-09-15 | by ( Silvia Marchetti | Poonam Binayak | ) www.cnbc.com time to read: +6 min

Last week, Partis landed in the Sardinian village of Ollolai in Italy for a free stay paid by the local municipality. She's the first digital nomad to arrive — and already she said it feels like a life-changer. Source: Veronica Matta"That was a major success — many foreigners bought and restyled dozens of forsaken dwellings," said Mayor Francesco Columbu told CNBC. "Now, after investing in high-speed internet, with this new project 'Work from Ollolai' we want to make our village a digital nomad hub." Source: Veronica Matta"I just had to give my landowner a symbolic one euro for the house rental," said Partis.

Persons: Clarese, Partis, Ollolai, Antonio Meloni, Francesco Columbu, Veronica Matta, Sa, Matta, Veronica Matta Partis, —, that's Organizations: CNBC, Workers Locations: Los Angeles, Sardinian, Ollolai, Italy, Zanzibar, Sardinia, Singapore, Sardinia —, Partis

☆ Hitachi's EU remedies on Thales deal similar to UK remedies, source says
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsCompanies Hitachi Ltd FollowThales SA FollowBRUSSELS, Sept 15 (Reuters) - Hitachi's (6501.T) remedies to EU antitrust regulators assessing its proposed 1.7-billion-euro ($1.8 billion) buy of French infrastructure company Thales' (TCFP.PA) rail signal business are similar to those offered to the UK competition agency, a person with direct knowledge of the matter told Reuters on Friday. Hitachi told the UK Competition and Markets Authority in June that it was ready to divest its UK, French and German mainline signaling business and transfer its core communication-based train control technology to a rival. It had said that these assets comprise all the elements needed for a viable, standalone business. ($1 = 0.9376 euros)Reporting by Foo Yun CheeOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Foo Yun Chee Organizations: Hitachi, REUTERS, Companies Hitachi Ltd, Thales, Follow, Reuters, Competition, Markets Authority, Thomson Locations: Zurich, Switzerland

☆ Samoa name former Australia star Leali'ifano to start against Chile
▼ + stars: | 2023-09-14 | by ( Lawrence White | ) www.reuters.com time to read: +2 min

Summary Rules change means former Wallabies flyhalf eligibleSamoa target Chile clash as most winnable Pool D gameFormer All Blacks Luatua and Sopoaga also featureTOULOUSE, France, Sept 14 (Reuters) - Samoa have selected 35-year-old Christian Leali'ifano, who scored the most points for Australia at the 2019 World Cup, as flyhalf in their opening Pool D clash against Chile in Bordeaux on Saturday. Samoa are taking advantage of a relaxation in World Rugby's eligibility rules, which means players who stand down for three years from appearing for one country can then play for another for which they qualify. That means they can also field former All Blacks Steven Luatua, who starts at number eight, and the versatile Lima Sopoaga as a replacement back. Former Highlanders and Wasps player Sopoaga can play at flyhalf or fullback and, while New Zealand-born, qualifies for Samoa through his family background. Samoa will target Chile, the lowest ranked team at the tournament, as their most winnable game in a pool also containing England, Argentina and Japan as they look to progress from the pool stage for the first time since 1999.

Persons: Sopoaga, Leali'ifano, Blacks Steven Luatua, Theo McFarland, James Lay, Seilala Lam, Michael Alaalatoa, Chris Vui, Agaese Seu, Fritz Lee, Steven Luatua, Jonathan Taumateine, Nigel Ah, Danny Toala, Duncan Paia'aua, Jordan, Paul Alo, Emile, Sam Slade, Sa Jordan, Ed Fidow, Lawrence White, Ken Ferris Organizations: Wallabies, Blacks, Australia, Chile, Saturday, Samoa, Lima, Former Highlanders, Wasps, flyhalf, The Pacific Islanders, English, Saracens, Manu, Junior, Jordan Lay, Lima Sopoaga, Thomson Locations: Samoa, Chile, TOULOUSE, France, Bordeaux, New Zealand, England, Argentina, Japan, Fiji, Lima

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