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European stocks bounce back on Italy relief, China growth worries linger

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European stocks bounce back on Italy relief, China growth worries linger Reported by euronews 45 minutes ago.

PICS: Mukesh Ambani and Nita Ambani offer Isha Ambani - Anand Piramal's first wedding card at Siddhivinayak Temple

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And the first invitation cards for the much awaited big-fat-Indian wedding of the year are here! The very first wedding card of Mukesh Ambani and Nita Ambani's darling daughter Isha Ambani is finally here. The proud parents visited the famous Siddhivinayak Temple in Mumbai late on Monday night and offered the first wedding invite to the deity. Their son Anant Ambani too was spotted accompanying the Ambanis to the temple. 

Isha Ambani got engaged to Anand Piramal over a gala ceremony spread over three days of celebrations at Lake Como in Italy, in which a number of big names from the tinsel town, like Priyanka Chopra-Nick Jonas, Aamir Khan, Janhvi Kapoor, Manish Malhotra etc were spotted showering their blessings on the soon-to-wed couple. If the recent reports are anything to go by, then a December 2018 wedding is on the cards for Isha Ambani, who is engaged to Anand Piramal - son of Ajay Piramal of Piramal group.

-Here are the first pictures of Mukesh and Nita Ambani as they enter the Siddhivinayak Temple to offer the first wedding invite to Lord Ganesha...-

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Mukesh Ambani and Nita Ambani arrived at Siddhivinayak Temple late on October 29, 2018 Monday night. The powe couple was seen carrying the first wedding invitation card of their daughter Isha Ambani with Anand Piramal. The Ambanis offered the first wedding card of their daughter to the presiding deity, Lord Ganesha. 

 

(Photo Credits: Hemant Padalkar- DNA)





Isha's brother Anand Ambani too was spotted accompanying their parents Mukesh and Nita Ambani at the famous Mumbai temple. Isha got engaged to Anand Piramal in the end of September this year, over a lavish three-day long ceremony, in the presence of some of the big-wigs of the industry.

 

(Photo Credits: Hemant Padalkar - DNA)





Nita Ambani was clicked sharing a hearty laugh on her way back from the temple, along with Mukesh Ambani and Anant Ambani. Before Isha's Italian engagement celebrations, the Ambanis had also thrown a lavish bash in Mumbai, in which the who's who from B-Town were in attendance. Speculations were rife that Isha and Anand are getting married in December this year and now that the Ambanis have finally offered the first wedding card at the temple, we're sure that the wedding bells are to ring pretty soon!

 

(Photo Credits: Hemant Padalkar - DNA)





If the reports doing the rounds are to be believed, then Isha Ambani and Anand Piramal will be tying the knot in a grand ceremony at Udaipur in Rajasthan. A number of A-listers from Bollywood, including the likes of Shah Rukh Khan, Aamir Khan, Karan Johar, Priyanka Chopra among others are expected to add more stars to the extravagant ceremony.

 

(File Photo)





Buzz is that International pop icon Beyonce will be seen performing at the sangeet ceremony of Isha Ambani and Anand Piramal in Udaipur. Speculations are rife that celebs from the tinsel town too will be seen puting up memorable performances for the couple. Apparently Isha is a huge Beyonce fan, which is why Mukesh Ambani decided to have her perform at the sangeet ceremony. A Filmfare report quoted a source as saying, "Both Anand and Isha are super excited to have the celebrated singer perform at their wedding." 

 

(File Photo)



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5 Reported by DNA 23 minutes ago.

Venice inundated by exceptional tide; flooding hits Italy

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Venice was inundated by an exceptional high tide Monday, putting three-quarters of the famed Italian lagoon city under water... Reported by Deseret News 40 minutes ago.

Five die as storms, high winds batter Italy

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Five people died in Italy on Monday as gale-force winds brought trees crashing down and heavy rains left many rivers dangerously swollen, rescue services said. Reported by Reuters 21 minutes ago.

Mukesh Ambani's daughter Isha Ambani to get married to Anand Piramal on this date?

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The couple's engagement bash was organized in Italy in September this year Reported by Zee News 3 hours ago.

Matryoshka dolls travel around the world to back the Russian bid for Expo 2025

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Ekaterinburg World Expo 2025 (Bid Committee) / Key word(s): Miscellaneous
Matryoshka dolls travel around the world to back the Russian bid for Expo 2025

30-Oct-2018 / 16:45 CET/CEST
--------------------

*Matryoshka dolls travel around the world to back the Russian bid for Expo 2025*

*October 30, 2018*: Matryoshkas upholding the Ekaterinburg bid for hosting the World Expo 2025 are already coming to Europe, Asia, the Middle East, Africa and South America. They will tell the locals about Russia, the Ural city and the long history of international exhibitions.

From late October to mid November, the Russian dolls can be greeted in Paris, London, Berlin, Brussels, Milan, Barcelona, Buenos Aires, Cape Town, Shanghai and Dubai. Foreign artists will soon paint 10 more Matryoshkas for the expositions. The fiberglass Matryoshkas are of human height (1.8 m) and augmented with AR-elements.

The London Pushkin House has one of the brightest Matryoshkas: Space. It commemorates launching the first artificial Earth satellite and the first man in space.

Berlin enjoys a cast-iron Kasli-style Matryoshka. The delicate masterpiece was featured at the Expo 1900 in Paris and received the grand prix for metalwork. It is available in the Berlin Russian House.

The Brussels locals are greeted by a neon Matryoshka. The cubic structure of its dress features cutting-edge technology neural networks. L'objet d'art will be featured in the Cinema Galeries.

Barcelona features a Matryoshka with ornate lettering. It was based on a quote by the great inventor Nikola Tesla who made the contemporary technologies possible. It is located in the Casa de Rusia.

The Italy - Russia Association building in Milan features a Matryoshka representing the world transformation. The Russian doll has a glitch art costume dissolving into pixels.

A primitivist Matryoshka arrived in Cape Town. The doll's dress features a dark blue sky and the sun associated with its round face and the traditional women's kerchief. L'objet d'art is found in the State of the Art Gallery.

The Shanghai district of M50 (Room 101) has a traditional Russian fairy tale Matryoshka. Its dress features Russian nature and its hands hold a big round loaf.

A soulful cute Matryoshka caringly wrapped by its parents in a warm scarf will soon come to Dubai. The Russian doll's image reminds of the traditional women's clothes in the Middle East. It is found in the Sustainable Plaza.

Buenos Aires will soon greet a Matryoshka reminding of the importance of nature despite the technical progress. Its eyes are closed dreamily as it listens to the music of a quiet forest. It will be located in the Central District Administration building (Sede Comuna 14).

In Paris, it will be placed 'a malachite' Matryoshka based on the tale by the Ural writer Pavel Bazhov about the Mistress of the Copper Mountain. Its painted costume combines innovation (chips) and ethnic motifs (a malachite ornament and a graceful lizard).

On October 4, Ekaterinburg sent off the Russian-made Matryoshkas. All the 20 l'objets d'art will finish their tour in Paris before the Bureau International des Expositions voting.

Photos: http://bit.ly/2OVOMyJ

*Ekaterinburg's bid for World Expo 2025*

The World Expo is a global exhibition project aimed at promoting the ideas of public education, innovations, progress and international cooperation that was established over 160 years ago. Russia has participated in the Expo for almost 170 years, since 1851, and won prestigious awards. However, Russia has never hosted the World Exhibition.

Ekaterinburg, Osaka and Baku are contending for hosting the World Expo 2025. The bid's topic is 'Changing the World: Innovations and Better Life for Future Generations'. If Ekaterinburg wins, the Expo will be held on May 2 - November 2, 2025 with some 150 countries participating. The BIE General Assembly will determine the winner city at its 164th session on November 23, 2018 by secret ballot.

 

 
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Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
-------------------- Reported by EQS Group 4 hours ago.

Wolves transfer news: Enquiries made for defender and midfielder - reports

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Wolves transfer news: Enquiries made for defender and midfielder - reports Reports in Italy claim Wolves have looked into what would be a double swoop Reported by Lichfield Mercury 4 hours ago.

Google, Rolex and Disney Lead as Most Reputable Companies Among Millennials Worldwide

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Corporate Responsibility is Biggest Opportunity to Globally Engage Millennials according to Reputation Institute’s 2018 Millennial RepTrak® 100

Boston, MA, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Reputation Institute (RI), the world’s leading provider of reputation intelligence, today announced the 2018 Millennial RepTrak® rankings. Google attained the top position with the best reputation overall and is the only company with an excellent score. Rolex closely followed with its strong emotional bond among Millennials and benefited from strong celebrity association. Disney ranked third based on strong perceptions as a highly “caring” company among Millennials.

The largest corporate reputation study of its kind, the Millennial RepTrak research is based on a global survey that captured more 230,000 individual ratings from among the informed General Public worldwide and is based on an assessment of 145 nominated companies. The survey quantifies the emotional bond Millennial stakeholders have with leading companies, and how these connections drive supportive behaviors such as intent to purchase, trust, work for, or invest in the company.

The top 10 companies among Millennials worldwide in 2018 are:

1. Google [NASDAQ: GOOGL]
2. Rolex
3. The Walt Disney Company [NYSE: DIS]
4. Nintendo [OTCMKTS: NTDOY]
5. LEGO
6. Sony [NYSE: SNE]
7. BMW Group [OTCMKTS: BMWYY]
8. Canon [NYSE: CAJ]
9. Adidas [OTCMKTS: ADDYY]
10. Microsoft [NASDAQ: MSFT]
The study results come at a critical time as Millennials drive an increasingly important share of the global economy, comprising an audience of 1.9 billion individuals, and representing approximately 35% of the global workforce.

Key insights from the 2018 study reveal how the cohort is uniquely segmented based on significant differences between younger and older Millennials, gender variations, psychographic differences, and distinctions between countries.

“Millennials are critically important for companies to engage as the means to the end of enhancing reputation,” said Stephen Hahn-Griffiths, Chief Reputation Officer at Reputation Institute. “But to successfully engage Millennials, companies need to take more of a segmented approach to communications and understand that they are not a homogenous cohort.”

Actively engaging with the Millennial segment is key to building a better reputation and creating an emotional buffer against reputational risks in times of crisis.

Driven by the tangible and intangible, the most important dimensions of reputation among Millennials include perceptions of quality Products and Services – and critically Citizenship and Governance, as key aspects of corporate responsibility. Understanding their values and how Millennials self-identify, allows for more relevant and resonant reputation-management strategies that are better tailored to their unique needs and mindset.

While the top companies are gaining the benefits of strong stakeholder support, other companies are struggling to successfully engage the Millennial cohort.

“Improvement on Governance and Citizenship provides the greatest opportunity for increasing reputation and stakeholder support among Millennials,” said Sven Klingemann, Global Research Manager at Reputation Institute.

The study results also indicate an important role for leadership in communicating corporate responsibility.

“Perceptions of responsible behavior among CEOs is a leading quality for most Millennials,” said Hahn-Griffiths. “Interestingly, Millennials want to hear from CEOs and to better understand what companies are doing to make the world a better place to live.”

For more information, view the 2018 Global Millennial RepTrak webinar and download the report and full rankings: https://www.reputationinstitute.com/millennial-reptrak

*Learn More and Know Your Reputation Score *
Annually, RI measures the reputation of thousands of companies using the RepTrak framework, including measures of the most highly regarded multinational companies in 15 countries including Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, South Korea, Spain, the United Kingdom and the United States.

To get your company’s 2018 score and learn how you can improve your ranking and grow your stakeholder support, just ask us at: https://www.reputationinstitute.com/about/Contact-Us.*

About Reputation Institute
*Reputation Institute (RI) powers the world’s most reputable companies. We are a data-driven, reputation insights advisory firm, and provider of peer-to-peer membership services. By mining media conversations, measuring stakeholder perceptions and providing reputation management services, we unleash the potential of Reputation Intelligence to build better companies. Our proprietary RepTrak® model tracks and analyzes the reputation of companies, CEOs, cities, and countries. We are most widely known for the Forbes-published Global RT100. Learn more at: http://www.reputationinstitute.com    

CONTACT: Karen Hopp
Bazini Hopp for Reputation Institute
917-514-1723
karen@bazinihopp.com Reported by GlobeNewswire 4 hours ago.

Dramatic photos show the worst flood to hit Venice in 10 years

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Deadly storms across Italy have brought Venice face-to-face with one of the city's worst floods in at least a decade — leaving residents, store owners, and tourists alike fending off knee-high flood water. 

New photos of the flooding show tourists and residents in boots trudging through the ancient city.

But flooding in Venice is nothing new. 

A few times during winter, strong winds push water from the Adriatic Sea into the Venetian Lagoon, causing high tides and minor but widespread flooding across the ancient island.

Tourists gather to take pictures in knee-high water in the Piazza San Marco.

Image: Getty Images Read more...

More about Italy, Climate Change, Venice, Climate Change Effects, and Venice Flood Reported by Mashable 3 hours ago.

At least 10 dead after violent storms, flooding slam into Italy

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Heavy rains and high winds buffeting much of Italy have killed 10 people over two days, officials said Tuesday. Reported by FOXNews.com 4 hours ago.

With Bolsonaro win, noose tightens around Italian ‘red terrorist’ Battisti

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The fate of former Italian leftist militant Cesare Battisti, whose decades-long life on the run has strained Italy’s relations with France and Brazil, is set to be a test case for Brazilian institutions under new far-right president Jair Bolsonaro. Reported by France 24 3 hours ago.

Isha Ambani to marry Anand Piramal on December 12 in Mumbai

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After offering the first wedding card to Lord Ganesha at the Siddhivinayak Temple in Mumbai, Mukesh and Nita Ambani announced the official wedding date of their daughter Isha Ambani with the son of Swati and Ajay Piramal -- Anand Piramal.

The statement released by Ambanis and Piramals said: "We are delighted to share that the marriage of Isha Ambani and Anand Piramal will take place in the residence of Shri Mukesh Ambani and Smt. Nita Ambani in Mumbai with family members and close friends on 12th December, 2018. The ceremonies will be performed in accordance with Indian traditions, customs and culture.

"During the weekend prior to the wedding, the Ambani and Piramal families will host their friends and family in Udaipur, where they are partnering with artisans and craftsmen to integrate local culture and traditions into the festivities. 

"Both families seek the blessings and good wishes of everyone for Isha and Anand as they start their journey of togetherness."

Isha and Anand got engaged at Italy's Lake Como in September this year. Who's who of Bollywood and business attended the lavish three days do in their best regalia.

For the extravaganza in Udaipur, reports suggest that Ambani's have hired none other than Queen Beyonce to perform at the sangeet ceremony.

 

 

Article Type: 
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Tue, 30 Oct 2018-09:35pm
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From Print Edition: 
Highlights:  Reported by DNA 3 hours ago.

11 dead in Italy storms as wild weather sweeps Europe

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Reported by IndiaTimes 2 hours ago.

Eurozone growth slumps to lowest level in more than four years

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Financial enlargement within the eurozone has slumped to ranges remaining noticed greater than 4 years in the past, after stagnation in Italy helped sluggish the speed of enlargement to zero.2% in the newest quarter. Figures from the EU statistics company Eurostat confirmed a marked and surprising slowdown within the 3rd quarter of 2018, in the … Reported by The News Articles 2 hours ago.

EUR/USD loses its recovery momentum, retreats to 1.1350 area

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· *GDP figures from the euro area disappoint on Tuesday.*
· *Consumer confidence continues to rise in the U.S.*
· *US Dollar Index stays close to the critical 97 **mark**.*

Following a slump to a daily low at 1.1345 during the European trading hours, the EUR/USD pair staged a rebound in the early NA session but lost its momentum before reaching the 1.14 mark. As of writing, the pair was trading at 1.1357, losing 0.13% on the day.

Earlier today, the data released by the Eurostat showed that the GDP growth in the euro area in the first estimate fell to 0.2% on a quarterly basis in the third quarter from 0.4% recorded in the second quarter and fell short of the analysts' estimate of 0.4% while dragging the annualized rate down to 1.7% from 2.2%. Additionally, Italy's Q3 GDP growth came in at 0% and caused the Italian - German bond yields to widen to put extra weight on the shared currency's shoulders. 

Commenting on the data, "Actual stagnation in Italy, Q3 GDP at 0%, reinforces the 5 Star/League insistence on a 2.4% budget deficit to lift Italy out of incipient recession. How will the EU demand for restraint play with the Italian electorate?" said FXStreet Senior Analyst Joseph Trevisani.

On the other hand, the Conference Board's Consumer Confidence Index continued to rise in October suggesting a strong consumer sentiment in the U.S. "The Expectations Index posted another gain in October, suggesting that consumers do not foresee the economy losing steam anytime soon. Rather, they expect the strong pace of growth to carry over into early 2019,” noted Lynn Franco, Senior Director of Economic Indicators at The Conference Board. 

The US Dollar Index, which lost its traction before testing the 97 handle earlier in the day, dropped to 96.70 before gathering some bullish momentum in the last couple of hours. As of writing, the index was up 0.25% on the day at 96.92.

On Wednesday, the Eurostat is scheduled to publish its preliminary inflation report. Markets expect the annual core CPI to tick up to 1% in October and a disappointing CPI figure is likely to weigh on the euro and force the pair to test the 1.13 mark - 2018 low. 

*Technical levels to consider*

The initial support for the pair aligns at 1.1335 (Oct. 26 low) ahead of 1.1300 (Aug. 15 low) and 1.1235 (Jun. 5, 2017, low). On the upside, resistances align at 1.1415 (Oct. 29 high), 1.1480 (20-DMA) and 1.1550 (Oct. 22 high).

  Reported by FXstreet.com 2 hours ago.

India, Italy resolve to expand defence, trade ties

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Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte Tuesday agreed to expand bilateral cooperation in areas of defence, trade, energy and infrastructure even as they condemned those providing safe havens to terror groups and supporting cross border terrorism. Reported by DNA 2 hours ago.

EUR/GBP: Takes out R3, eyes 61.8% of late Aug - recent Oct low retracement at 0.8951

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· *EUR/GBP is making tracks to the upside while the pound is falling to the wayside ongoing Brexit concerns as we head towards the BoE this week.*
· *EUR/GBP is taking on R3 supported by the 4hr 10 & 21 SMAs on pullbacks within the rising trend and channel breakout - Eyes to 23.6% Fibo of April lows- Aug highs at 0.8984 and 61.8% of late Aug - recent Oct low retracement 0.8951.*

While Brexit is a weight on the pound, so too are politics on mainland Europea with the Italian debt see as a cause of concern to the whole eurozone according to the EU Commision. 



"Actual stagnation in Italy, Q3 GDP at 0%, reinforces the 5 Star/League insistence on a 2.4% budget deficit to lift Italy out of incipient recession. How will the EU insistence on restraint play with the Italian electorate?" -



Joseph Trevisani, Senior Analyst at FXStreet.

However, there is more focus on Brexit in the market and any hope that PM May can somehow succeed in a Brexit agreement pushing through Parliament with her party so divided seems almost far-fetched.  Sticking issues relating to the Irish border remain up in the air and no solution has been found since the  European Council Meeting on 17–18 October.  The next EU Council meeting will be held on 13–14 December.

*UK** to face rating downgrades*

The S&P rating agency has said that a no deal Brexit could push the UK into a recession lasting 4-5 quarters with GDP contracting by 1.% n 2019 and 1.5% in 2020 - and ultimately harm some credit ratings.

*EUR/GBP levels*

Analysts at Commerzbank noted that EUR/GBP’s recovery off the 0.8723 Fibonacci retracement is eroding stronger resistance offered by the 55-day ma at .8901 and the resistance line at 0.8888:

"We will wait to see if this fledgeling break higher is sustained and wait to see if the market CLOSES above this key resistance. The .8723 Fibo retracement guards the 8700/.8697 June low. Failure at .8697 would target the 0.8620 2018 low."

Meanwhile, while holding in bullish territory and above the 21-D SMA, bulls can target the 23.6% Fibo of April lows- Aug highs at 0.8984 ahead of 61.8% of late Aug - recent Oct low retracement to 0.8951. Reported by FXstreet.com 2 hours ago.

Market volatility: It’s not the economy - Nomura

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Analysts at Nomura argued that as tempting as it is to find explanations for the recent spate of market volatility in macro news-flow, they are not biting. 

*Key Quotes:*

"There is little evidence from incoming data to suggest the world economy is on the brink of a major slowdown phase."

"Indeed the latest swathe of growth data has – on the whole – remained pretty firm and generally surprised expectations on the upside."

"The incoming inflation data in the meantime have been well-behaved. Insofar as equity markets have typically tracked growth and inflation surprises quite closely in recent years, it’s reasonable to suggest that markets may have over-reacted relative at least to the fundamental news-flow."

"There are however a few data points that are more concerning. Last week’s flash PMI surveys from the eurozone were very disappointing and that has found an echo in further evidence from some Asian economies to suggest that world trade growth is decelerating. This contrasts with other data from e.g. China, along with more forward-looking flash PMIs from Japan and the US that suggest trade growth is still holding up fairly well. It contrasts with nearly every data point moreover that suggests the US economy more specifically remains in rude health and is still reaping the benefits from very accommodative fiscal policy."

 "We should expect the downside risks to growth elsewhere to climb. This is a near-inevitable consequence of a more mature phase of the (US) economic cycle, where fiscal largesse is combining with firming wage pressures and where monetary policy normalisation is removing the liquidity support to those economies that have hitherto been in great need of it (e.g. in EM)."

"The eurozone’s present fragility – as Mr Draghi argued at the ECB press conference last week – is in some respects a hangover from the burst of unexpected activity last year. But countries such as Germany that are running very large current account surpluses are also now being hit hard by heightened protectionism, by higher oil prices and possibly a deceleration in China’s domestic demand. And the absence of much monetary ammunition at, for example, the ECB to deal with these issues and growing market concerns at the ability of some countries (e.g. Italy) to deploy fiscal ammunition is a more understandable source of market volatility." Reported by FXstreet.com 1 hour ago.

At least 11 dead as violent storms buffet Italy

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Heavy rains and high winds buffeting much of Italy have killed 11 people over two days, officials said Tuesday.

 
 
 
 
 
 
 
  Reported by USATODAY.com 56 minutes ago.

News24.com | WATCH: Violent storms pound Italy

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Several regions are on high alert as fierce winds and rain lash Italy, leaving at least nine dead. Reported by News24 45 minutes ago.
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