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☆ Factbox: Who was freed in Nicaragua's surprise political prisoners release?
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +3 min

Cristiana Chamorro and Pedro Joaquin ChamorroCristiana Chamorro was placed under house arrest in 2021, just as she was leading Ortega in polls to unseat him as president at elections. Her brother Pedro Joaquin Chamorro was also arrested and jailed the same month, according to newspaper La Prensa. Arturo CruzAn academic who was Nicaragua's ambassador to the United States between 2007 and 2009, Cruz was arrested in 2021 after returning to Managua from Washington. Like Mairena, he was arrested in 2021 over accusations of crimes during the 2018 protests. On Thursday, he declined to board the plane to Washington, preferring to stay home instead, one of only two prisoners to do so.

☆ Ferrari names Lorenzo Giorgetti as chief racing revenue officer
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +1 min

MILAN, Feb 7 (Reuters) - Ferrari (RACE.MI) said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue officer, tasked with boosting long-term relations with sponsors across all racing activities. Among his previous posts Giorgetti has been chief commercial officer at Serie A soccer club AC Milan and head of commercial management in the sports division of Italian publisher RCS Mediagroup (RCSM.MI), Ferrari said in a statement. He will directly report to Ferrari's CEO Benedetto Vigna and will also cover the booming Esports field of videogame sport competitions. It comes just after Ferrari appointed Frenchman Frederic Vasseur as its new Formula One team principal in an effort to regain competitiveness in its flagship competition. Ferrari's revenues from 'sponsorship, commercial and brand', which include those earned by its Formula One racing team through sponsorship agreements, rose 11% last year to 479 million euros ($512 million).

☆ Florence’s Pitti Palace Showcases a Real Renaissance Woman
▼ + stars: | 2023-02-07 | by ( J.S. Marcus | ) www.wsj.com time to read: +1 min

The Italian Renaissance has long been presented as a procession of male power players, from artists like Michelangelo to arts patrons like banker-statesman Lorenzo de’ Medici. But that view is set for a corrective this month, when Florence’s Uffizi Galleries mounts a comprehensive show at Pitti Palace about Eleonora di Toledo (1522–1562), the Florentine duchess who ruled the Tuscan roost for a few decades, overseeing a makeover of the city’s historic core south of the Arno that still shapes it today. Bringing together a host of splendid objects, from cameos to textiles to paintings, Eleonora di Toledo and the Invention of the Medici Court in Florence runs through May 14 in the vast palace, which Eleonora brought into the Medici orbit and then ornamented with the Boboli Gardens park just beyond. Eike Schmidt , the Uffizi director, describes Eleonora as the true “manager of the Medici court.” She acted as a consort and frequent regent for her husband, Duke Cosimo I de’ Medici, a descendant of Lorenzo’s.

☆ Savers poised for 'biggest win' in 2023 as inflation falls. Where to put your cash now
▼ + stars: | 2023-02-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Xavier Lorenzo | Moment | Getty ImagesAs interest rates go up, 2023 is shaping up to be a good time for savers who stand to earn more money on their cash. As the unemployment rate hit a 53-year low in the latest jobs report, the interest rate increases are expected to keep coming. Online savings accounts tend to pay the highest rates, with rates like 4% or 4.5% becoming more common. Series I bonds have 'become a better deal'Series I bonds are accrual type savings bonds tied to inflation that are issued by the government. If you cash in the I bond in the first five years, you will lose three months' interest, McBride said.

☆ Oil and gas industries are back, says Baker Hughes CEO
▼ + stars: | 2023-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil and gas industries are back, says Baker Hughes CEOLorenzo Simonelli, CEO of Baker Hughes, joins CNBC for an exclusive interview at this year's Baker Hughes conference and what he foresees for the gas and oil sector in 2023.

☆ Baker Hughes misses profit estimate amid shortages, inflation
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

Jan 23 (Reuters) - Baker Hughes Co (BKR.O) missed a fourth-quarter profit estimate on Monday as the oilfield services firm navigated challenges including component shortages, supply chain inflation and disruptions caused by Russia's invasion of Ukraine. Many oilfield firms have also been facing workforce shortages, inflation and supply chain constraints. Baker Hughes restructured its business last year into two segments, one focused on oilfield equipment and services and another on industrial and energy technology. Total company revenues of $5.9 billion also missed Wall Street estimates of $6.1 billion, according to Refinitiv data. Still, analysts were upbeat on the firm's adjusted EBITDA of $947 million, which beat forecasts of around $925 million.

☆ Oilfield firm Baker Hughes misses fourth-quarter Wall St. profit estimate
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +1 min

Jan 23 (Reuters) - Baker Hughes Co (BKR.O) missed fourth-quarter profit estimates on Monday as the oilfield services firm navigated challenges including component shortages, supply chain inflation and disruption caused by Russia's invasion on Ukraine. The oilfield sector last year was impacted by workforce shortages, inflation and supply chain constraints. "In 2023, the global economy is expected to experience some challenges under the weight of inflationary pressures and tightening monetary conditions," Chief Executive Officer Lorenzo Simonelli said. Adjusted net income stood at $381 million or 38 cents per share, for the three months ended Dec. 31, compared with average analyst estimates of 40 cents per share, according to Refinitiv data. Reporting by Arunima Kumar in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Italian Police Arrest Most-Wanted Sicilian Mafia Boss
▼ + stars: | 2023-01-16 | by ( Margherita Stancati | ) www.wsj.com time to read: 1 min

Members of the Carabinieri police stand outside the force’s San Lorenzo headquarters in Palermo. ROME—Italy’s Carabinieri military police have detained the country’s most notorious fugitive mafia boss, who had been on the run for 30 years, dealing a blow to one of the world’s most storied crime syndicates. Matteo Messina Denaro was in a private hospital on the outskirts of the Sicilian city of Palermo when Carabinieri swarmed the area and captured him on Monday morning, the Carabinieri said.

☆ World number one Alcaraz to open his 2023 season in Argentina
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +1 min

Jan 11 (Reuters) - World number one Carlos Alcaraz will begin his season on clay at next month's Argentina Open after being forced to pull out of the Australian Open with a right leg injury. The 19-year-old Spaniard will be missing the season's opening Grand Slam event, which begins in Melbourne on Monday, due to a muscle problem in his right leg. "The truth is I was very keen to go to Argentina, to play there, so I hope to see you all soon." Alcarez missed the ATP Finals and Davis Cup at the end of last season after tearing an abdominal muscle during the Paris Masters. Alcaraz will join Diego Schwartzman, Cameron Norrie, Dominic Thiem and Lorenzo Musetti in the Argentina Open field.

☆ Fritz delivers as U.S. win inaugural United Cup crown
▼ + stars: | 2023-01-08 | by ( ) www.reuters.com time to read: +3 min

[1/5] Tennis - United Cup - Ken Rosewall Arena, Sydney, Australia - January 8, 2023 Taylor Fritz of the U.S. reacts during his match in the final against Italy's Matteo Berrettini REUTERS/Asanka Brendon RatnayakeSYDNEY, Jan 8 (Reuters) - Taylor Fritz edged Matteo Berrettini 7-6(4) 7-6(6) as the United States justified their status as favourites to outclass Italy in a one-sided final at the inaugural United Cup mixed team tournament on Sunday. It's amazing for the team to win this event. We came in with really high hopes, or at least I did," Fritz said. SHOULDER INJURYA shoulder injury forced the 20-year-old Musetti to concede to Tiafoe after his first serve of the second set. The Americans top the table with most titles in the Davis Cup (32), Billie Jean King Cup (18) and Hopman Cup (6).

☆ United States blank Poland to reach United Cup final
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +2 min

I had no doubt that if I were to lose that the rest of the team would have come through," Fritz said. I think it's a huge advantage this time having the girls on our team because it just makes the whole team so much stronger. "I'm super excited going into the final and I think we've been the favourites all week." Italy lead their semi-final against Greece 2-0 after Martina Trevisan and Lorenzo Musetti won their matches on Friday. Matteo Berrettini can book their place in the final with a victory over Stefanos Tsitsipas in the evening session.

☆ Pope Benedict Receives a Quiet Farewell From Mourners
▼ + stars: | 2023-01-04 | by ( Francis X. Rocca | ) www.wsj.com time to read: 1 min

VATICAN CITY—The body of Pope Benedict XVI lay before the main altar of St. Peter’s Basilica on Monday, his head resting on a pair of velvet cushions, his face waxy and ashen, with rosary beads entwined through his folded hands. The twisting baroque columns of Gian Lorenzo Bernini’s altar canopy towered behind. The late pope, who retired in 2013, wore a bishop’s miter but, unlike his predecessor, St. John Paul II , when he lay in state, not the woolen cloak around his neck signifying papal office.

☆ Medvedev downs Kecmanovic to reach Adelaide quarters
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +1 min

ADELAIDE, Jan 4 (Reuters) - Daniil Medvedev reached the Adelaide International 1 quarter-finals with a 6-0 6-3 win over Miomir Kecmanovic on Wednesday, moving a step closer to a potential semi-final showdown with Novak Djokovic at the Australian Open warm-up event. Former U.S. Open champion Medvedev was pushed hard in the previous round by Lorenzo Sonego, saving nine set points before winning the first set, but had an easier time of it against Serbian Kecmanovic, the world number 29. Miomir is a tough opponent, a high-ranked player, so there are no easy guys left in Adelaide," Medvedev said. "I'm not sure there were (any easy opponents) from the first round, so I'm happy to be through, happy with my level." Up next for world number seven Medvedev is a meeting with compatriot and eighth seed Karen Khachanov, who beat Briton Jack Draper 6-4 6-2.

☆ Mourners Bid a Quiet Farewell to Pope Benedict
▼ + stars: | 2023-01-03 | by ( Francis X. Rocca | ) www.wsj.com time to read: 1 min

☆ Djokovic gets the welcome he wished for in Adelaide
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +2 min

ADELAIDE, Jan 3 (Reuters) - Novak Djokovic cruised through his first singles match in Australia since being deported last year with a 6-3 6-2 victory over Constant Lestienne at the Adelaide International 1 on Tuesday. The 35-year-old Serb was deported on the eve of the 2022 Australian Open for not being vaccinated against COVID-19 and received a three-year travel ban for the country, which was waived in November. "I have to say, I'm glad to be back in Australia, thank you all for coming out," Djokovic said on court. I won my first Grand Slam here in 2008 and I have nine Australian Open titles - I've had some epic matches. Up next for world number five Djokovic is another Frenchman in Quentin Halys, who beat Australian Jordan Thompson 6-3 6-4.

☆ Berrettini inspires Italy to big victory in United Cup
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +3 min

In a rematch of their U.S. Open quarter-final and Gstaad final, where world number three Ruud prevailed last year, it was Berrettini who took control of the match on the back of his powerful serve to seal a 6-4 6-4 Group E win. I knew I had to serve my best," Berrettini, who fired 10 aces and won 88% of points on his first-serve, said. The fourth semi-finalist will be a runner-up with the best record from their three matches in the $15 million event. World number 10 Hubert Hurkacz earlier beat Swiss veteran Stan Wawrinka 7-6(5) 6-4 to send Poland on their way. Maria Sakkari earned Greece a spot in the Perth final from Group A with a 6-1 7-5 win over Belgium's Elise Mertens.

☆ Early exits for Rune, Auger-Aliassime in Adelaide
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +2 min

The 23-year-old Australian fired 11 aces against his second-seeded opponent to wrap up the biggest victory of his career. "I played really well, really solid. Denmark's Rune, who won three titles in 2022 including the Paris Masters, where the 19-year-old beat Novak Djokovic in the final, lost 2-6 6-4 6-4 to Nishioka. Miomir Kecmanovic overcame Australian Christopher O'Connell 6-4 6-4 and could play Daniil Medvedev in the second round if the third-seeded Russian gets past Italian Lorenzo Sonego on Tuesday. Also in action on the second day of the tournament are Djokovic, Denis Shapovalov, Jannik Sinner, Andy Murray and Karen Khachanov.

☆ Building emergency savings is a top financial resolution for 2023, survey finds. Here’s how to get started
▼ + stars: | 2022-12-30 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Jenkin, who co-wrote a book called "The 21-Day Budget Cleanse," recommends people take a detox-type approach to their household budgets. "Most people really haven't taken the time to see where they're overspending and size up what the difference is," Jenkin said. That's "troubling" now, as interest rates on those debts are poised to continue to climb, according to Matt Schulz, chief credit analyst at LendingTree. Look for higher rates on your cashAs interest rates climb, that's good news for the money you stand to earn on your cash. Online savings accounts and certificates of deposit, or CDs, are providing the highest interest rates in more than a decade.

☆ How virtual clothes could help solve fashion’s waste problem
▼ + stars: | 2022-12-22 | by ( Tom Page | ) edition.cnn.com time to read: +3 min

But the industry is finding ways to harness it and other digital tools to reduce waste and push fashion into the future. Cutting wasteThe textile and fashion industry creates roughly 92 million tons of waste annually, and digital fashion could have a role in reducing that figure. “It becomes automatically an on-demand model, which really can reduce the fashion waste,” she says. Trying on virtual clothes could also reduce the amount of clothes that are returned in the physical world, says Albrighi. He adds that staging fashion shows in virtual spaces reduces the need for the fashion world to travel.

This is why we have seen less activity," said Dirk Albersmeier, co-head of global M&A at JPMorgan. In the fourth quarter, there has been a 56% contraction in global M&A to $641.2 billion, partly caused by a 66% drop in private equity activity. Top rainmakers expect a pickup in cross-border M&A activity. Going forward, private equity funds are expected to kickstart the recovery as they seek assets at a discount. We were probably more optimistic a year ago," said David DeNunzio, global head of M&A at Wells Fargo.

☆ Family searching for answers in 2018 disappearance of Atlanta, Texas man Eric Alvarado
▼ + stars: | 2022-12-18 | by ( Sarah Portney | ) www.nbcnews.com time to read: +8 min

Thirty-two-year-old Eric Alvarado was last seen on his home security cameras in the early morning hours of November 20, 2018, in Atlanta, Texas. Eric’s father, Lorenzo Alvarado, told Dateline that Eric’s wife, Samantha, called the police to report her husband missing about 45 minutes later. He loved doing that.”Eric and Lorenzo Alvarado Lorenzo AlvaradoEric’s older brother, Matt Alvarado, also spoke with Dateline. Captain Restelle told Dateline that no one has reported anything to the Atlanta, Texas Police Department about being threatened. If anyone has any information in regards to Eric’s disappearance, please contact the Atlanta, Texas Police Department at (903) 796-7973.

☆ Prada to name former Luxottica chief Andrea Guerra as new CEO
▼ + stars: | 2022-12-06 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: The company's logo is seen at a Prada store in Zurich, Switzerland January 25, 2021. REUTERS/Arnd Wiegmann(Reuters) -Italy’s Prada said on Tuesday that it would name former Luxottica chief Andrea Guerra as its new chief executive officer. Guerra will be recommended as the new CEO at a board meeting next month by controlling shareholder Prada Holding S.p.A., the luxury company said in a statement,Reuters reported last week that the fashion group was set to hire Guerra in a top management role to ease a transition at the helm to the next generation of the founding family. After overseeing a successful turnaround since 2017 to reverse a slide in sales, Prada CEO Patrizio Bertelli, 76, said a year ago he planned to hand over the reins of the group he leads with wife Miuccia Prada Bianchi to their 34-year-old son Lorenzo. “This is a fundamental step we have decided to undertake, while completely engaged in the company, to contribute more to the evolution of the Prada Group and to ease the succession of Lorenzo Bertelli, the future leader of the Group,” they said.

☆ Prada hires former Luxottica chief Andrea Guerra as new CEO
▼ + stars: | 2022-12-06 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

REUTERS/Arnd Wiegmann(Reuters) -Italian fashion group Prada confirmed on Tuesday that it would name former Luxottica chief Andrea Guerra as its new chief executive officer to ease a transition at the helm to the next generation of the founding family. Current CEO Patrizio Bertelli, 76, will be appointed chairman of the luxury company at annual shareholder meeting next spring. Current co-CEO Miuccia Prada, 73, will remain creative director of the Miu Miu and Prada brands - the latter together with Belgian designer Raf Simons - and a board member. Guerra, 57, will be recommended as the new CEO at a board meeting to be held on Jan.26 by Prada Holding, which owns 80% of Prada group. As Luxottica CEO from 2004 to 2014, the manager oversaw a more than doubling in sales at the spectacles manufacturer that has been producing and distributing eyeglasses under the Prada group’s Prada and Miu Miu brands since 2003.

☆ Finding the market tough right now? Here's how young investors can be smart with their money
▼ + stars: | 2022-12-05 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +3 min

And investing becomes trickier because of that, said James McManus, chief investment officer at investment firm Nutmeg. What history showsBut investing is still a good idea, Myron Jobson, senior personal finance analyst at investment platform interactive investor told CNBC's Make It. Think long termThat's why young investors should think long term, Jobson and Hollands said. To protect your investments from market movements, it's critical to make sure you invest in a range of asset types, Jobson said. "Nervous investors can drip feed investments monthly to help smooth out the inevitable bumps in the market," one analyst said.

☆ Virginia Walmart worker who escaped shooting files $50M suit, says she complained of gunman's 'bizarre' behavior
▼ + stars: | 2022-11-29 | by ( Minyvonne Burke | Gina Gentilesco | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

She ran from the room as bullets whizzed by her head, "barely missing her," says a lawsuit filed Tuesday in Chesapeake Circuit Court. In the complaint, she said Bing had "bizarrely and inappropriately commented" on her age by asking: "Isn’t your lady clock ticking? The lawsuit says she also complained to the store that he had allegedly "harassed her for being poor and being short." "The entire Walmart family is heartbroken by the loss of the valued members of our team," the company said Tuesday. The lawsuit details other incidents involving Bing, including one where he allegedly asked Prioleau if she liked guns.

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