Software firm Dassault Systemes Q2 revenue rises but misses estimates
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
7 hours ago
- The Sun
Moscow warns of 'titanic efforts' to disrupt Putin-Trump meeting
MOSCOW: Certain countries will make 'titanic efforts' to disrupt the meeting U.S. President Donald Trump announced on Friday with Russian President Vladimir Putin for August 15, Russia's investment envoy Kirill Dmitriev said on Saturday. Trump had said earlier that Russia and Ukraine were close to a ceasefire deal that could resolve the three-and-a-half-year conflict. The contents of the deal have yet to be announced, but it could require Ukraine to surrender significant territory - an outcome many European nations oppose. Dmitriev accused unnamed countries of seeking to prolong the war. 'Undoubtedly, a number of countries interested in continuing the conflict will make titanic efforts to disrupt the planned meeting between President Putin and President Trump,' he said in a post in his Telegram account, specifying that by efforts he meant 'provocations and disinformation'. Dmitriev did not specify which countries he was referring to or what kind of 'provocations' they might undertake. The Kremlin earlier confirmed the summit. The two leaders will 'focus on discussing options for achieving a long-term peaceful resolution to the Ukrainian crisis,' Putin aide Yuri Ushakov said, adding: 'This will evidently be a challenging process, but we will engage in it actively and energetically.' - REUTERS
The Star
7 hours ago
- The Star
Man Utd splashing cash on new strikers adds pressure on Amorim to deliver
Soccer Football - Champions League - Sporting CP Training - Etihad Stadium, Manchester, Britain - March 8, 2022 Sporting CP coach Ruben Amorim during training REUTERS/Craig Brough/File Photo MANCHESTER, England (Reuters) -After their worst season in 51 years last term, the only way is up for Manchester United. Complete with a new 200 million pound ($269 million) strike force, coach Ruben Amorim has the backing of fans to bring about lasting change. Now he must deliver. From the start, Amorim has always said, given the choice, he would not have taken on the monumental task of awakening English football's most successful club from its slumber when he did, mid-season. The Portuguese coach insisted he was given a "now or never" ultimatum before succeeding Erik ten Hag last November, taking an underperforming side to plentiful lows – worst finish, most defeats, fewest points and fewest goals in their Premier League history. Amorim asked supporters to judge him after he had a full pre-season to instil his ideas properly. Three new forwards gives him greater tools to succeed. Such spending comes as a surprise. New co-owner Sir Jim Ratcliffe insisted only in March that the club were so low on cash when his company Ineos bought a minority stake in late 2023 they faced going "bust by Christmas". RB Leipzig striker Benjamin Sesko is expected to be confirmed as a United player this weekend and could be flanked for next week's season opener against Arsenal by exciting forwards Matheus Cunha and Bryan Mbeumo, who both have something United attackers of late have lacked – Premier League goalscoring pedigree. As United slumped to an unfathomable 15th last term, the concession of 54 goals was their joint-third worst defensive record in Premier League history. It was their inability to score that proved more damaging, however. They mustered a record-low 44 league strikes, five fewer than in any Premier League season. "The hardest part of last season was to go to the games and know that we are not going to be competitive,' Amorim told reporters on the club's pre-season tour of the United States. "Nowadays I'm better, I'm more excited. I also think I learned a lot. We will be a better team. Not just because I truly believe that we can be better, but I truly believe that I will be better at managing this season. "Now we are in a better place, but we are just beginning. We have to perform. And I really like the pressure. If I have the feeling that before the game we are going to be competitive, we'll be OK. I just don't want to return to that feeling that we are thinking it's not a 50-50 game.' MAN UTD PULL STILL THERE Supporters have been buoyed that new signings have not been put off by the fact United will not be competing in any European competition this season for the first time in 11 years. Mbeumo and Sesko especially had plenty of other clubs reportedly interested in them, but the pull of United, despite being without a league title since 2013, remains. "From the start, I wanted to join this massive club," Mbeumo said after signing. "Now I'm here, I'm just really happy. For me, it's the biggest club in the world. The fans are crazy, the stadium is amazing. Every player wants to play here." More new signings are needed across the team for any major improvement this season, however. Skipper Bruno Fernandes labelled the last U.S. tour performance in a 2-2 draw with Everton as "lazy" and called on the club to make more additions before the transfer window shuts at the end of the month. Otherwise, their trip across the Atlantic was unanimously positive. With a starting line-up retaining nine of the team that performed so poorly in their Europa League final loss to Tottenham Hotspur, United looked energised and, at times, entertaining in a 4-1 win over Bournemouth, while also beating West Ham to finish unbeaten in their three-match series. Amorim faces some daunting early fixtures, with Arsenal, Manchester City and Chelsea in their opening five games. Nonetheless, he needs to harness some rare positivity gleaned from scoring some goals over pre-season to at least start setting United back on the right path. ($1 = 0.7438 pounds) (Reporting by Peter Hall;Editing by Andrew Cawthorne)
The Star
9 hours ago
- The Star
Oil steadies on reports of US-Russia deal but ends week about 5% lower
SINGAPORE (Reuters): Oil held steady on Friday as markets awaited a meeting in the coming days between Russian president Vladimir Putin and his US counterpart Donald Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook. Brent crude futures settled 16 cents, or 0.2%, higher at US$66.59 a barrel, while U.S. West Texas Intermediate crude futures were unchanged at US$63.88. Brent fell 4.4% over the week, while WTI finished 5.1% lower than last Friday's close. US crude fell over 1% earlier in the session after Bloomberg News reported that Washington and Moscow were aiming to reach a deal to halt the war in Ukraine that would lock in Russia's occupation of territory seized during its military invasion. US and Russian officials are working towards an agreement on territories for a planned summit meeting between Trump and Putin as early as next week, the report said, citing people familiar with the matter. The potential meeting raises expectations of a diplomatic end to the war in Ukraine, which could lead to eased sanctions on Russia, and comes as trade tensions have been on the rise between Trump and buyers of Russian oil. This week, Trump threatened to increase tariffs on India if it kept purchasing Russian oil. Trump also said China, the largest buyer of Russian crude, could be hit with tariffs similar to those levied against Indian imports. "Various non-oil considerations are at play, including fears over the impact of tariffs and the headlines flying over the last few days regarding a Trump and Putin meeting in the near term," said Neil Crosby, an energy market analyst at Sparta Commodities. "Headline risk is particularly strong currently with flip-flopping regarding who will turn up to a meeting over Ukraine and under what circumstances." Higher U.S. tariffs on imports from a host of trade partners went into effect on Thursday, raising concern over economic activity and demand for crude oil, ANZ Bank analysts said in a note. OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, adding to supply. The U.S. oil rig count, an indicator of future supply, rose by one to 411 this week. "Bearish sentiment has returned this week as key OPEC+ members announced a second 'quadruple' output unwind for September (thus fully restoring their extra voluntary cuts of 2.2 mmb/d) and President Trump's sweeping import tariffs took effect against most countries," analysts at FGE NexantECA said. Trump on Thursday also said he will nominate Council of Economic Advisers Chairman Stephen Miran to serve out the final few months of a newly vacant seat at the Federal Reserve, fuelling expectations of a more dovish policy ahead. Lower interest rates reduce consumer borrowing costs and can boost economic growth and demand for oil. The dollar firmed on Friday but headed for a weekly fall. A stronger dollar hurts demand for dollar-denominated crude from foreign buyers. Money managers cut their net long U.S. crude futures and options positions in the week to August 5, the U.S. Commodity Futures Trading Commission (CFTC) said. (Additional reporting by Colleen Howe in Beijing and Ahmad Ghaddar in London; Editing by David Goodman, Marguerita Choy and Nia Williams) - Reuters
