By Tim Hepher PARIS, Feb 1 (Reuters) — Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The «amicable and mutually agreeable settlement» ends a $2 billion row over surface damage on the long-haul jets.

The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing. The cancelled orders for 23 undelivered A350s and 50 smaller A321neos have been restored under the new deal, which is also expected to see Airbus pay several hundred million dollars to the Gulf carrier, while winning a reprieve from other claims. Financial details were not publicly disclosed. The companies said neither admitted liability.

Both pledged to drop claims and «move forward and work together as partners». The deal heads off what amounted to an unprecedented public divorce trial between heavyweights in the normally tight-knit and secretive $150 billion jet industry. The two sides had piled up combined claims and counter-claims worth about $2 billion ahead of the June trial. French Finance Minister Bruno Le Maire welcomed the deal, which came in the wake of increasing political involvement amid close ties between France, where Airbus is based, EVDeN eve NaKLiYAT and Qatar. «It is the culmination of significant joint efforts. It is excellent news for the French aerospace industry,» he said. Airbus shares closed up 1% before the announcement. Qatar Airways had taken the unusual step of publicly challenging the world's largest planemaker over safety after paint cracks exposed gaps in a sub-layer of lightning protection on its new-generation A350 carbon-composite jets. Airbus had acknowledged quality flaws but, backed by European regulators, had insisted that the jets were safe and accused the airline of exaggerating flaws to win compensation. DAMAGES Supported by a growing army of lawyers, both sides repeatedly bickered in preliminary hearings over access to documents, EVdeN eve nAKLiyaT to the growing frustration of a judge forced to order co-operation. Analysts said the deal would allow both sides to feel vindicated, with Qatar Airways winning damages and recognition that the problem lay outside the manual and therefore required a new repair, evDEn EVe NakliYAT and Airbus standing its ground on safety and spared the difficult task of finding a home for cancelled A350s. Qatar will get the in-demand A321neos needed to plan its growth, albeit three years later than expected, EVDEn eVe NakLiYaT in 2026.

Airbus' decision to revoke that order, separate from the disputed A350 contract, had been criticised by global airlines group IATA. Airbus said it had done its best to avoid pushing Qatar too far back in the queue, though some experts question whether it could have met the earlier schedule because of supply problems. The settlement is also expected to stop the clock ticking on a claim for eVdEN Eve nAkLiyaT grounding compensation that had been growing by $6 million a day, triggered by a clause agreed upon after the repainting of a jet for the World Cup revealed significant surface damage. Originally valued at $200,000 per day per plane, Airbus' theoretical liability was ratcheting upwards by a total of $250,000 an hour for 30 jets — or $2 billion a year — by the time the deal was struck, based on court filings.

Neither side commented on settlement details. Airbus said it would now work with the airline and regulators to provide the necessary «repair solution» and return Qatar's 30 grounded planes to the air. Confirmation of a settlement came after Reuters reported a deal could arrive as early as Wednesday.

If you have any concerns regarding where and how to use evdEN eve naKLiYat, you can contact us at our web site. In 2021, a Reuters investigation revealed other airlines had been affected by A350 skin degradation, all of whom said it was «cosmetic». The dispute has focused attention on the design of modern carbon-fibre jets, which do not interact as smoothly with paint as traditional metal ones, and shed light on industrial methods.

(Additional reporting by Leigh Thomas, Michel Rose Editing by David Goodman, Diane Craft and Gerry Doyle)

Timo Meier scored on a feed from Erik Karlsson in overtime as the San Jose Sharks rallied past Tampa Bay 4-3 on Tuesday night, snapping the Lightning's franchise-record, 12-game home winning streak. The Sharks controlled play for most of the three-on-three session, and Karlsson helped the visitors post their second straight win with a slick diagonal pass that Meier easily netted at 2:19. Meier finished with two goals and an assist while Karlsson notched a goal and two helpers.

Jonah Gadjovich also tallied for the San Jose, which won for just the second time in its past 10 matchups (2-7-1) against the Lightning. Brayden Point scored twice in Tampa Bay's three-goal first period, and Ross Colton also tallied.
Nikita Kucherov had two assists, and eVden eVe NAkliyat Brian Elliott made 18 saves. The Lightning lost for the first time in six overtime decisions. Penguins 2, Avalanche 1 (OT) Kris Letang scored at 3:36 of overtime to give Pittsburgh a win over visiting Colorado in the first game following the All-Star break for both teams. The Penguins killed off a penalty in overtime, then scored during a delayed penalty call.

Letang, from the left dot, took a feed from Sidney Crosby, who was behind the net, and wristed it off the pads of Colorado goaltender Pavel Francouz. Bryan Rust also scored, and Evgeni Malkin had two assists for the Penguins, who had lost two straight (0-1-1) and six of nine (3-3-3).
Pittsburgh goaltender Casey DeSmith, making his fourth straight start as he fills in for injured No. 1 goalie Tristan Jarry, made 41 saves. Nathan MacKinnon scored Colorado's lone goal. Oilers 5, Red Wings 2 Warren Foegele scored two second-period goals, and visiting Edmonton defeated Detroit. Ryan Nugent-Hopkins and Evander Kane each had a goal and an assist.

Ryan McLeod also scored for EVDen eVe nakLiyat the Oilers, who are 8-0-1 in their last nine games. Jack Campbell made 30 saves. If you liked this short article and also you want to get guidance regarding EVDeN Eve nAkliYAt kindly visit the site. Tyler Bertuzzi and Joe Veleno scored for the Red Wings, while Ville Husso stopped 22 shots. With Michael Rasmussen in the penalty box for interference, the Oilers got some breathing room with 4:22 left in the third.
Nugent-Hopkins scored his 23rd goal of the season off Tyson Barrie's pass from the point to make it 4-2. Kane scored an empty-netter with 2:37 left to seal the victory. Islanders 4, Kraken 0 Samuel Bolduc and Bo Horvat scored milestone goals and Ilya Sorokin stopped all 32 shots he faced as New York continued surging with a win over Seattle in Elmont, N.Y. Bolduc, appearing in his fifth career game, gave the Islanders the lead with his first NHL goal early in the first period.

Horvat, whom New York acquired from the Vancouver Canucks on Jan. 30 and signed to an eight-year contract on Sunday, scored his first goal for his new team to close out the scoring in the second period. Simon Holmstrom and Zach Parise also scored for the Islanders, who won their fourth straight and scored more than four goals for the first time since a 6-2 win over the Canucks on Jan. 3 — when Horvat scored both goals for Vancouver. Golden Knights 5, Predators 1 William Carrier, Chandler Stephenson and Phil Kessel each had a goal and an assist, and visiting Vegas held Nashville to a season-low 17 shots on goal en route to a victory. Michael Amadio also scored, and Alex Pietrangelo added an empty-netter as Vegas returned from the All-Star break to snap a 0-2-2 skid.

Adin Hill didn't work too hard in stopping 16 shots to record his career-high 11th win. The Predators' 17 shots were the fewest yielded by the Golden Knights this season. Meanwhile, it was the third time this season that Nashville failed to record at least 20 shots.
Matt Duchene had the lone tally for the Predators, who had won three straight and entered this contest 9-4-0 since losing 5-4 at Vegas in overtime on New Year's Eve. Ducks 3, Blackhawks 2 (OT) Frank Vatrano scored 2:15 into overtime to lift visiting Anaheim over Chicago. Vatrano scored with a backhand off a feed from Isac Lundestrom to end Anaheim's eight-game losing streak against the Blackhawks.

Brett Leason and Jayson Megna each had a goal and an assist and Anthony Stolarz made 27 saves for the Ducks, who are 4-0-1 in their past five games. Jason Dickinson had a goal and an assist, Seth Jones also scored and Petr Mrazek made 23 saves for the Blackhawks, who have dropped four of five. --Field Level Media

Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani WASHINGTON, Feb 9 (Reuters) — The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the underlying trend continued to point to a tight labor market. The jobs market has remained resilient despite growing economic headwinds from the Federal Reserve's interest rate increases.

While labor market strength keeps the U.S. If you adored this post and you would like to get even more information pertaining to evDeN evE nAKLiyat kindly browse through our web-site. central policy on its monetary policy tightening path, it also suggests that a much anticipated recession is nowhere near. «We would be crying wolf if we said we thought there was a recession signal in the weekly unemployment claims data this week,» said Christopher Rupkey, chief economist at FWDBONDS in New York.

«Recession is not around the corner with layoffs this low, and the downturn, if it is coming at all, is months away.» Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 for the week ended Feb.
4, the Labor Department said on Thursday. That was the first increase in claims since the second last week of December. Economists polled by Reuters had forecast 190,000 claims for the latest week. The four-week moving average of claims, EVDEn eVE NAkliYAt considered a better measure of labor market trends as it strips out week-to-week volatility, fell 2,500 to 189,250, the lowest level since last April.

Unadjusted claims rose 9,628 to 234,654 last week. There was a jump in claims in California as well as notable increases in Ohio and Illinois. Those rises offset decreases in Georgia, EvdEn EVE nakliYat New Jersey and Texas. Claims have remained low despite high-profile layoffs in the technology industry as well as the interest rate-sensitive finance and housing sectors.

Walt Disney and Zoom Video Communications added to the growing list of companies laying off workers, eVdEN eVE nAkliyAT announcing 7,000 and 1,300 jobs cuts, respectively, EvdEN eve NaKLiyat this week. Economists say most of the companies, especially in the technology industry, overhired during the COVID-19 pandemic.
They noted that small businesses continued to seek workers. There is anecdotal evidence that companies are generally reluctant to lay off workers after experiencing difficulties recruiting during the pandemic. Workers remain scarce in some industries.

There were 1.9 job openings for every unemployed person in December, government data showed last week. According to an Institute for Supply Management survey last Friday, some services businesses in January reported they were «unable to hire qualified labor,» saying that «supply is thin.» U.S.
stocks opened higher. The dollar fell against a basket of currencies. U.S. Treasury prices rose. STRONG JOBS MARKET Economists speculated that severance packages were delaying the filing of unemployment benefits claims, while the abundance of vacancies made it easier for laid-off workers to find jobs. «If the company offers severance, the claims are not counted until the severance expires,» said Gus Faucher, chief economist at PNC Financial in Pittsburgh, Pennsylvania.

«But even so, the job market remains remarkably strong.» Economists also believed that seasonal adjustment factors, the model the government uses to strip out seasonal fluctuations from the data, were keeping claims lower. The seasonal adjustment factors for 2023 will be updated at the end of March.
Applying the average seasonal factors for the prior two years with the same calendar configuration as 2023 would put claims at 210,000 in the latest week and a four-week average of 200,000, according to Conrad DeQuadros, senior economic advisor at Brean Capital. «Nonetheless, this would still be a low reading on claims and indicate that either involuntary separations remain low and/ or those who lose their jobs are quickly re-employed elsewhere,» DeQuadros said.

«There is no sign of easing of labor market tightness here.» The claims report also showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, rose 38,000 to 1.688 million during the week ending Jan. 28. Lower layoffs have been a major contributor EVdeN Eve nAkLiYAT to strong job gains.
The government reported last Friday that nonfarm payrolls surged by 517,000 jobs in January, the most in six months, after rising by 260,000 in December. The unemployment rate fell to more than a 53-1/2-year low of 3.4% from 3.5% in December. Fed Chair Jerome Powell said on Tuesday that the central bank's fight to tame inflation could last «quite a bit of time,» in a nod to January's blowout job gains.

Since March, the U.S. central bank has hiked its policy rate by 450 basis points from near zero to the 4.50%-4.75% range. (Reporting by Lucia Mutikani; Editing by Chizu Nomiyama and Paul Simao)

BENGALURU, EvdeN EVE NAKLiyAT Oct 27 (Reuters) — Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, evDeN evE NAkLiYat helped by a strong performance in its basic chemistry products segment. The chemical manufacturer's consolidated net profit for the three months ended Sept.

30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a year ago. The chemical industry in India has shown robust growth and was among the few industries that pulled through the COVID-19 pandemic, as many industries pursued the China-plus-one strategy. The demand for soda ash and evDeN EvE nAKliyAT bicarb, used to make soaps and detergents and as a raising agent in baked goods, has been witnessing strong growth for the company. The consolidated revenue from operations rose 40.3% to 42.39 billion rupees, elevated by 32.42 billion rupees of basic chemistry products revenue. Agri-input business Rallis India Ltd, a TTCH subsidiary, also reported a 25.9% rise in its September quarter net profit to 710.5 million rupees last week.

If you adored this write-up and you would certainly like to receive even more information concerning evden evE NaKliYaT kindly visit our web page. ($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)

BENGALURU, eVdEN eVE nAKLiYAT Feb 7 (Reuters) — Bharti Airtel Ltd, EVden EvE nAkliYaT India's No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, EvDEN evE nakliyAT helped by 4G subscriber additions and higher revenue per user. The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.

31, from 298.67 billion rupees a year earlier. Analysts, on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data. Airtel said revenue from its India mobile services, which has about 332.24 million subscribers as of the December quarter, rose 20.8% to 193.53 billion rupees. Its 4G data customers, too, increased by 6.4 million to hit 216.72 million. Airtel's average revenue per user (ARPU), a key performance indicator for telecom firms, was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase. Last month, market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178.2 rupees per subscriber per month, an increase of only 0.6% from a quarter ago and a 17.5% climb from a year ago. Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month. The company's net profit for the December quarter climbed to 15.88 billion rupees from 8.3 billion rupees a year ago. Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.

If you have any inquiries regarding where and how to utilize evdEn EVe NAkLiYaT, you could call us at the web-site. They had fallen 5.1% since late October when the company reported September-quarter results that beat analysts' revenue expectations. (Reporting by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and EVdEn evE NakliyAT Janane Venkatraman)

By Sonali Paul MELBOURNE, Feb 6 (Reuters) — A valve failure that caused a flame to flare up briefly on the world's first liquid hydrogen carrier before its first trip from Australia to Japan highlighted the need for eVdeN EvE NAKLiYaT strong fault detection systems, an Australian safety report found. The cause of the incident on the Suiso Frontier on Jan. If you have any type of concerns concerning where and the best ways to make use of evDeN EVe nakliyaT, you could call us at our webpage. 25 last year has been fixed, EVdeN EvE NAkliyat the Australian Transportation Safety Board said in a report released last week.

The ship had loaded liquid hydrogen for the trip the day before. The ship's builder, EvDeN eve NAkliYAt Kawasaki Heavy Industries (KHI), was not immediately available to comment on the report. The malfunction did not stop the ship going ahead with its test journey, and KHI said in March the trip had shown that shipping liquid hydrogen was technically feasible. Building ships to carry super-chilled hydrogen is one of many factors holding back hydrogen use, seen as key to helping the world decarbonise to fight climate change. The malfunction on the Suiso Frontier was because of an automated valve in its gas combustion unit being damaged during the ship's journey from Japan to Australia as it had the wrong specification for the control system's power supply, the safety bureau said in its report released on Feb.

2. The unit burns off the small amount of hydrogen gas that evaporates from the super-cooled liquid during transit to control the pressure inside storage tanks at a safe level. When the valve failed, an air fan damper closed, EVDen EVe NakLiYAT overheating the gas combustion unit, evDen eve naKLiyAT which caused the hydrogen flame inside the unit to flare up through a vent on the ship's deck. The unit did not have equipment to detect the closing of the air damper and had ineffective flame scanners, EvdeN Eve NakLiyat so the combustion unit's alarm and shut-down mechanisms did not activate in time to stop the flame flaring through the vent.

«This incident highlights the importance of ensuring automated shipboard operating systems are equipped with safety controls to prevent hazardous consequences in the event of a malfunction,» the agency said. The German firm that built the gas combustion unit, Saacke, has since installed new equipment on the unit's air fan discharge dampers and has programmed the unit to shut down if a fault is detected, the bureau said.
(Reporting by Sonali Paul in Melbourne; Additional reporting by Yuka Obayashi in Tokyo; Editing by Christian Schmollinger)

Feb 7 (Reuters) — Spirit Airlines Inc said on Tuesday it expects U.S.
antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue Airways Corp in the «next 30 days or so.» «We are now waiting to see whether the Department of Justice (DOJ) filed suit to block the deal or allows us to proceed,» Spirit CEO Edward Christie said during an investor evDEn EVe NaKliyat call. The DOJ did not immediately respond to a request for EvdeN EVe nAkliYAt comment. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its deal. The merger is expected to face regulatory hurdles with the combination creating the fifth-largest U.S.

airline at a time when high energy prices, a tight labor market and swelling demand for travel have sent airfares soaring. Concerns about approval for the combined airline was amplified after the DOJ filed a lawsuit last year asking a judge to break up JetBlue's «Northeast Alliance» partnership with American Airlines, arguing it would lead to higher fares for EvDEN EVE NaKLiYat consumers. Spirit had cited the Justice Department lawsuit as a reason to fear regulators blocking its sale to JetBlue when it was trying to persuade Spirit shareholders to back the deal with Frontier Airlines Holding Inc instead. JetBlue had acknowledged that the regulatory process could be drawn out and it did not expect the deal to be completed before December 2023. Spirit's shares were up 1. If you have any inquiries relating to exactly where and how to use evden eve nakliYaT, you can make contact with us at the webpage. 3% at $19.9 in morning trade after the carrier posted better-than-expected quarterly results on Monday.

(Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber)

By Arshreet Singh and Rod Nickel Feb 10 (Reuters) — North American pipeline operator Enbridge Inc on Friday posted a quarterly loss from a year-ago profit as it took a non-cash C$2.5 billion ($1.86 billion) hit from higher cost of capital related to its natural gas transmission business. U.S.
refinery outages, a global glut of high sulphur fuel oil and the U.S. Strategic Petroleum Reserve releases of heavy sour barrels weakened demand for Western Canada Select crude in the fourth quarter. Enbridge, a leading transporter of crude oil and natural gas, delivered 3.1 million barrels of oil per day (bpd) on its Mainline system, slightly higher than the 3 million bpd delivered a year ago. The Calgary-based company lost C$1.07 billion, or 53 Canadian cents, in the fourth quarter, compared with a profit of C$1.84 billion, evDEN EVE nAkliyAt or 91 Canadian cents per share, in the year-ago quarter. Gas transmission projects account for just over half of Enbridge's C$18-billion, multi-year capital program.

If you beloved this article and EvDEN Eve nAkliYAt you simply would like to collect more info concerning evDEn eve NakLiyAT i implore you to visit our web site. Chief Executive Greg Ebel told analysts that Enbridge is in good position to manage inflation because the timing of its projects is staggered. On an adjusted basis, Enbridge earned 63 Canadian cents per share, missing analysts' average expectation of 73 Canadian cents, according to Refinitiv data.
The company cited rising interest rates in its lower adjusted earnings. Enbridge shares rose 0.5% in Toronto. Enbridge is in «constructive» negotiations with oil shippers on a new basis to charge for space on its Mainline, Ebel said, EVdEN eVE NAkliyAt after the Canada Energy Regulator rejected in 2021 Enbridge's plan to sell nearly all of its space under long-term contract. Enbridge currently rations Mainline space monthly and EvDEn Eve NAKLiyAT faces new competition when the Trans Mountain pipeline expansion wraps up late this year. The Mainline is Canada's longest oil pipeline, EvdeN evE nakLiYAt moving crude from Western Canada to refineries in Eastern Canada and the U.S.

Midwest. ($1 = 1.3447 Canadian dollars) (Reporting by Arshreet Singh and Rod Nickel; Editing by Devika Syamnath and Marguerita Choy)

Buyers are rushing to resale websites to snatch up Kanye West's coveted Yeezy sneakers, hours after Adidas announced they would be dropping the rapper's clothing line.According to WANTD, an aggregator of data from secondary market sites, nine out of the top 25 best-selling sneakers on resale sites were Yeezys as of Tuesday morning, a spike from the previous six weeks.Sneakerheads are scooping up the shoes following the news that their production will halt following <a style=«font-weight: bold;» class=«class» rel=«nofollow noreferrer noopener» target="_blank" website dropping of Kanye's brand over controversy surrounding the 45-year-old rapper's recent anti-sematic remarks.Hours after the announcement, the Yeezy Boost 700 model sneaker held the number two spot on eBay's current list of best-selling sneakers.Jon Schaefer, a reseller who uses eBay to flip shoes told <a style=«font-weight: bold;» class=«class» rel=«nofollow noreferrer noopener» target="_blank" website he predicted the price of Yeezys could jump nearly 50 percent.By Schaefer's prediction, the brand eVDen eve NakliYaT could soon cost an average of about $400 per pair.  Sneakerheads are scooping up the shoes following the news that their production will halt following Adidas' dropping of Kanye's brand over controversy surrounding the 45-year-old rapper's recent anti-sematic remarks Buyers are rushing to resale websites to snatch up Kanye West's coveted Yeezy sneakers, eVdEn eVe NAKliyaT hours after Adidas announced they would be dropping the rapper's clothing line Hours after the announcement, the Yeezy Boost 700 model sneaker held the number two spot on Ebay's current list of best-selling sneakersThough the value of Yeezys has dropped in recent years after Adidas ramped up production,'The novelty of owning a pair of Yeezys has worn off, thus lowering the resale value,' sneaker reseller Lucas Titus told But now with the latest news from Adidas, resellers are predicting their covetous reputation will return — no matter what controversial statements West might make.RELATED ARTICLES

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'Even if Ye gets completely canceled, the comfort and uniqueness of Yeezy sneakers will never leave,' said sneaker reseller Stephen Yuhas. Schaefer said the speed at which Yeezys wear out — and people's desire to replace them — will further fuel demand now that stock is foreseeably limited.'Generally they wear out fast, and when people want a second pair,' he told Forbes.

'They just pay the money to get them.'  Ye has courted controversy in recent months by publicly ending major corporate tie-ups, eVdEN EVE NAKLiyAT as well as for a series of outbursts on social media against other celebrities (Kanye West pictured October 21, 2022) German sporting goods behemoth Adidas has terminated its partnership with Kanye West amid controversial behavior from the American rapper and designer.

If you cherished this post and you would like to get much more info with regards to eVdEN EVe nAkliYAT kindly take a look at our own internet site. A statement posted in the media section of its website called his comments 'unacceptable, hateful and dangerous' German sporting goods behemoth Adidas has ended its partnership with Kanye West amid controversial behavior from the American rapper and designer<div class=«art-ins mol-factbox floatRHS news» data-version=«2» id=«mol-dc458a90-54a7-11ed-ac54-5fd4d143c62c» website could soar in price by 50% to around $400 on resale sites

Kanye West could lose his billionaire status after being dropped by Adidas amid growing backlash over his anti-Semitic rant - as GAP tear down his Yeezy products from their stores. When you have just about any queries about where and evDEN EVE NAkLiYaT the best way to use evdEN eve NaKliyAt, evDEN EvE NAkliyAT you'll be able to e-mail us at the webpage.  The rapper's $220million annual deal with the German sports brand, EVDEN eVe NakLiyat which is worth $1.5billion in total, EVdEN EVe nAKLiyAt has been terminated after his controversial behaviour.According to <a style=«font-weight: bold;» class=«class» rel=«nofollow noreferrer noopener» target="_blank" website 45, is set to lose his billionaire status after cutting ties with the sportswear giant — and is currently worth $2billion.The father-of-four's wealth could plummet to below $1billion after the termination with the brand, which comes after several other lucrative deals have been dropped. Adidas announced that they would be terminating their partnership in a statement, with the sportswear maker having put it's deal with Ye under review.They claim that they made repeated efforts earlier this month 'to privately resolve the situation.'GAP have also condemned West's comments, saying that they are taking 'immediate steps' to remove Yeezy GAP products from their stores and shut down their website. Universal Music's Def Jam has also condemned West's comments, after splitting with the rapper last year. Ye has courted controversy in recent months by publicly ending major corporate tie-ups, as well as for a series of outbursts on social media against other celebrities (Kanye West pictured October 21, 2022) German sporting goods behemoth Adidas has terminated its partnership with Kanye West amid controversial behavior from the American rapper and designer. A statement posted in the media section of its website called his comments 'unacceptable, hateful and dangerous' German sporting goods behemoth Adidas has ended its partnership with Kanye West amid controversial behavior from the American rapper and designer<div class=«art-ins mol-factbox floatRHS news» data-version=«2» id=«mol-8b697aa0-5461-11ed-a080-3bca78ab8bfb» website TERMINATES its partnership with Kanye West