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☆ Sadiq Khan wins third term as London mayor, Labour sources say, capping strong showing for opposition in English elections
▼ + stars: | 2024-05-04 | by ( Rob Picheta | ) edition.cnn.com time to read: +3 min

CNN —Sadiq Khan has won a third term as London’s mayor, Labour Party sources claimed on Saturday, capping a round of local elections across England that confirmed the political supremacy of the main opposition party. Sunak has resisted calls to outline when he will hold that vote, and Labour leads opinion polls by a huge margin. Keir Starmer’s opposition party won control of eight councils, and also stormed to victory on Thursday in a Westminster by-election in Blackpool. In particular the loss of Oldham council, a north-west English town, where around a quarter of the population is Muslim. If his victory is confirmed, Khan would become the first mayor of London to serve a third term since the post was created in 2000.

Persons: CNN — Sadiq Khan, Khan, Susan Hall, Rishi Sunak, –, Sunak, Keir Starmer’s, Yvette Cooper, Donald Trump Organizations: CNN, Labour Party, Conservative, England, Labour, Conservatives, Tories, BBC Locations: England, West Midlands, Tees, Westminster, Blackpool, Gaza, Oldham, London

New Labour Party MP for Blackpool South, Chris Webb (C) reacts as his win is announced at the count centre in Blackpool, north-west England on May 3, 2024, during the Blackpool South by-election. The opposition Labour Party won a Blackpool South by-election, taking the seat from the Conservatives. The Reform UK party, founded by Brexit proponent Nigel Farage, came in third. Labour leader Keir Starmer posted on the social media platform X that the "swing towards Labour in Blackpool South is historic." Angela Richardson, deputy chair of the Conservative Party, told the BBC the result "was not unexpected," especially given the circumstances that sparked the by-election.

Persons: Chris Webb, Rishi Sunak's, David Jones, Nigel Farage, Scott Benton's, Keir Starmer, Angela Richardson Organizations: New Labour Party, Blackpool South, Blackpool, LONDON, Rishi Sunak's Conservative Party, Labour Party, Conservatives, New Labour, Conservative, Reform UK, Labour, Conservative Party Locations: Blackpool, England, Britain

Britain’s Conservative Party suffered striking early setbacks on Friday in local elections that are viewed as a barometer for how the party will perform in a coming general election and a key test for the embattled prime minister, Rishi Sunak. Only a minority of the results had been announced by early Friday, but already the signs were ominous, if not unexpected, for Mr. Sunak’s Conservatives, who have trailed the opposition Labour Party by double digits in national polls for 18 months. The Conservatives have lost more than 120 seats so far, including six in Hartlepool, in northeast England, where the Conservatives had made inroads after Brexit but have more recently lost ground to the resurgent Labour Party. Labour also won a special election for a parliamentary seat in Blackpool South, a seaside district, in a huge swing of votes away from the Conservatives, who had held the seat but narrowly missed finishing third, behind Reform U.K., a small right-wing party. The previous Tory member of Parliament, Scott Benton, resigned in March after becoming embroiled in a lobbying scandal.

Persons: Rishi Sunak, Scott Benton Organizations: Britain’s Conservative Party, Sunak’s Conservatives, Labour Party, Conservatives, Labour, Blackpool, Reform Locations: Hartlepool, England

☆ Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here's why they're tapping the Middle East to get to the next level.
▼ + stars: | 2024-04-09 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

To Danny Yong, the Middle East is still Asia. In particular, multi-strategy hedge funds, the industry subset that large allocators are desperate for thanks to their uncorrelated and consistent returns, are growing in markets like Hong Kong and Singapore. Houston-based Pan Capital is planning to hire macro PMs in Hong Kong this year. These people-heavy firms need plenty of talent to make it all work, and the relatively small size of the Singapore market, coupled with political uncertainty in Hong Kong, puts a strain on the entire system. "Managers follow allocator trends, and the Middle East has been actively allocating while other regions have slowed their deployment.

Persons: Danny Yong, firm's, Yong, there's, Kurt Baker, Jonathan Xiong, Bobby Jain, Amir Ravan, Arun Singhal, Alan Howard, Simon Sadler, Dymon, Samantha Rosenstock, Craig Thorburn, It's, Joe Cheung, —, Cheung Organizations: Business, Dymon, UAE, Millennium, Bloomberg, Pan, Segantii Capital Management, Blackpool Football Club, Man, Hong Kong Monetary Authority, Citadel Locations: Asia, Japan, Hong Kong, Singapore, Dubai, Dymon Asia, Houston, Point72, Tokyo, Sidney, Abu Dhabi, United Kingdom, London, Miami, New York, China

☆ ‘Hills of California’ Review: A Stage Mother’s Unhappy Brood
▼ + stars: | 2024-02-09 | by ( Houman Barekat | ) www.nytimes.com time to read: +1 min

In Jez Butterworth’s new play, we — the audience and protagonists alike — are kept waiting and wondering. It’s the summer of 1976 and Britain is in the midst of a heat wave. They must decide whether to put her out of her misery with a high dose of morphine, or let her continue to suffer. “The Hills of California,” written by Butterworth (“The Ferryman,” “Jerusalem”) and directed by Sam Mendes (“The Lehmann Trilogy”), runs at the Harold Pinter Theater in London, through June 15. Rob Howell’s impressive set makes the most of the playhouse’s nearly 40-foot grid height, with three flights of stairs leading up to the unseen guest rooms.

Persons: Jez Butterworth’s, —, Jill, Ruby, Veronica, Joan, hasn’t, Will, Butterworth, Sam Mendes, “, Harold Pinter, Rob Howell’s Organizations: Blackpool, Harold Pinter Theater Locations: Britain, England, United States, California, ”, Jerusalem, London

☆ Orsted’s ‘deputy heads must roll’ stance is risky
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain September 5, 2018. REUTERS/Phil Noble Acquire Licensing RightsSINGAPORE, Nov 14 (Reuters Breakingviews) - Orsted’s (ORSTED.CO) recent implosion has finally prompted a reaction. Denmark’s $17 billion offshore wind producer on Tuesday said Chief Financial Officer Daniel Lerup and Chief Operating Officer Richard Hunter were stepping down. The COO is responsible for the procurement, construction, and operations of the wind farms, and supplier delays accounted for the lion’s share of Orsted’s U.S. writedowns. Yet Mads Nipper, who became Orsted chief executive in early 2021 and handpicked the departing duo, has been spared for now.

Persons: Orsted, Phil Noble, Daniel Lerup, Richard Hunter, Hunter, Lerup, Mads Nipper, Henrik Poulsen, Yawen Chen, Cameron, George Hay, Streisand Neto Organizations: REUTERS, Rights, Reuters, X, Thomson Locations: Walney, Blackpool, Britain, Rights SINGAPORE, United States, U.S

Telefonica and Liberty Global have been working with advisers on the sale of up to half of their combined 50% stake in Cornerstone. Vodafone (VOD.L) owns the rest of the business through its Frankfurt-based subsidiary Vantage Towers (VTWRn.H). Spokespeople for Telefonica, Liberty Global, Virgin Media O2 and GLIL declined to comment. Cornerstone, established in 2012, is Britain's largest tower company, managing more than 20,000 sites, according to the company's website. In recent years infrastructure and private equity investors have competed for slices in some of the largest tower deals, including Deutsche Telekom's sale of a majority stake in GD Towers, because of their stable cash yield and long-term contracts.

Persons: Phil Noble, Amy, Jo Crowley, Andres Gonzalez, Paul Sandle, Helen Popper Our Organizations: REUTERS, Virgin Media O2, Liberty Global, Telefonica, Cornerstone, Vodafone, Deutsche, GD, Thomson Locations: Blackpool, Britain, Frankfurt

☆ Offshore wind drops out of UK auction on costs, risking climate goals
▼ + stars: | 2023-09-08 | by ( Nora Buli | ) www.reuters.com time to read: +4 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. The result was bad news for Britain's 2050 net zero emissions target, which calls for 50 gigawatts (GW) of offshore wind capacity by 2030 versus around 14 GW now. In a 2022 auction, offshore wind projects were the main recipient of funding, with 7 gigawatts (GW) awarded, but developers did not even bid in the latest auction, the results of which were published on Friday. The lack of new offshore wind capacity would cost consumers 1 billion pounds a year, it added. Bid prices for renewable energy CfDs are expressed in 2012 money, with inflation meaning actual prices are higher.

Persons: Orsted, Phil Noble, Graham Stuart, Ed Miliband, Sweden's Vattenfall, Nora Buli, Miral Fahmy, Jason Neely Organizations: REUTERS, UK's Department for Energy Security, Turbine, Energy, Britain, Labour Party, Conservatives, Thomson Locations: Walney, Blackpool, Britain, OSLO, Oslo

☆ Selloff wipes off over $8 bln from Orsted's market value
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: 1 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo Acquire Licensing RightsMILAN, Aug 30 (Reuters) - A selloff in Orsted (ORSTED.CO) shares was set to erase over $8 billion from the market value of the world's largest offshore wind farm developer on Wednesday, according to Reuters calculations, based on LSEG data. The shares were last down by 25% in afternoon trading in their largest-ever daily drop after the Danish company said it may see U.S. impairments of $2.3 billion due to supply chain problems. Copenhagen's OMX 20 index (.OMXC20) was down 1.5%. Reporting by Danilo Masoni; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Orsted, Phil Noble, Copenhagen's, Danilo Masoni, Amanda Cooper Organizations: REUTERS, Thomson Locations: Walney, Blackpool, Britain, Orsted, Danish

☆ Denmark's Orsted anticipates $730 mln impact on US portfolio
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +1 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. 1 offshore wind farm developer, said on Wednesday it anticipates impairments of up to 5 billion Danish crowns ($729.78 million) on its U.S. portfolio, as there is an increasing risk in its suppliers' ability to deliver on their commitments. The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are adversely impacted by a handful of supplier delays, the company said in a statement. In July, Orsted's Ocean Wind project won approval from the U.S. Interior Department, to help the country reach its goal of developing 30 gigawatts of offshore wind by 2030 on every shoreline.

Persons: Orsted, Phil Noble, Gursimran Kaur, Andy Sullivan Organizations: REUTERS, U.S . Interior Department, Ocean, Public Service Enterprise, Thomson Locations: Walney, Blackpool, Britain, U.S, Orsted, New Jersey, Bengaluru

☆ Orsted plunges 20% on risk of $2.3 billion in US impairments
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. "The situation in U.S. offshore wind is severe," Chief Executive Mads Nipper told reporters on a conference call. The company's Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are adversely impacted by several supplier delays, which may trigger impairments of up to 5 billion crowns, the company said in a statement. On top of this, the increase in long-dated interest rates in the United States affected both offshore as well as some onshore wind projects and will cause impairments of around 5 billion crowns, Orsted said. The U.S. government has set a national goal to develop 30 gigawatt of offshore wind by 2030.

Persons: Orsted, Phil Noble, Mads Nipper, Bernstein, Terje Solsvik, Gursimran Kaur, Nora Buli, Andy Sullivan, Conor Humphries Organizations: REUTERS, Rights, U.S ., Ocean, Public Service Enterprise, Thomson Locations: Walney, Blackpool, Britain, Rights OSLO, United States, U.S, New Jersey, Oslo, Bengaluru

☆ Orsted to invest $68 bln in power capacity by 2030
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Phil Noble/File PhotoOSLO, June 8 (Reuters) - Renewable energy group Orsted (ORSTED.CO) will invest 475 billion Danish crowns ($68.3 billion) to achieve a 2030 goal to install 50 gigawatts (GW) of power capacity, it said ahead of an investors' update later on Thursday. The Danish company said the plans were fully self-funded and it expected to exceed goals set in 2021 for earnings before interest, tax, depreciation and amortisation (EBITDA) as well as for return on capital employed (ROCE). "We're on track to outperform our previous EBITDA and ROCE targets for 2020-2027, confirming the significant value in our portfolio of renewable projects," Chief Executive Mads Nipper said in a statement. 1 offshore wind farm developer by gigawatt capacity, operates 15.5 GW of renewable energy assets. Capacity of 4.9 GW is under construction and projects representing another 10.6 GW have been awarded, it said.

Persons: Orsted, Phil Noble, Mads Nipper, Bernstein, Terje Solsvik, Essi Lehto, David Goodman, Barbara Lewis Organizations: REUTERS, Thomson Locations: Walney, Blackpool, Britain, OSLO, Danish

Prince William honored his father with a few words during Sunday night's concert - the first ever to be staged at Windsor Castle, home to monarchs for almost 1,000 years. Royals dance the night awaySeveral members of the royal family got their groove on throughout the concert. Chris Jackson/Getty ImagesMesmerizing drone displayA fabulous drone display lit up the sky over the coronation concert, earning audible gasps from the crowd below. Crowds watch illuminated drones creating a light display above Windsor Castle. But when Miss Piggy, dressed in a cerise pink evening dress and glittering necklace, recognized “Downton Abbey” star Bonneville she had other things in mind, thinking he was a real lord.

☆ Blackpool Zoo takes seagull deterrence into its own hands by recruiting people to dress in animal costumes
▼ + stars: | 2023-04-30 | by ( Yenny Sanchez | ) edition.cnn.com time to read: +1 min

CNN —If you’re looking for a job, love animals and don’t take yourself too seriously, an opportunity at the Blackpool Zoo might pique your interest. 🦅We don’t think there is a country on earth that hasn’t been talking about our vacancy for a human seagull deterrent. pic.twitter.com/edyoJT0aoU — Blackpool Zoo (@BlackpoolZoo) April 26, 2023The requirements are straight forward: You must be friendly, outgoing, energetic, flexible and, of course, comfortable wearing a bird costume. The zoo is looking to fill five seagull deterrent positions. Blackpool Zoo has even gone so far as to offer one of them to James Corden, former host of “The Late Late Show.”“We hear you’re headed back to Blighty and are interested in our seagull deterrent position?

☆ Morgan Stanley's wealth business just keeps on winning
▼ + stars: | 2023-04-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

It's good to be Morgan Stanley these days. Amid a difficult market for Wall Street banks — thanks in large part to non-existent deal flow — Morgan Stanley's massive wealth business has been paying off big time. But Morgan Stanley's success isn't coming in a vacuum. -Meanwhile, UBS, arguably Morgan Stanley's biggest competitor in the space, was begrudgingly saddled with Credit Suisse's carcass. With wealth advisors, a key part of hiring includes offering "bonuses" that are actually loans.

☆ Bullet point previews of Premier League matches
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +3 min

* League leaders Arsenal drew their last two league games, while relegation-threatened Southampton lost their last two. * Leeds have conceded 16 goals in four league games in April, conceding at least four goals in three of those matches. Crystal Palace v Everton (1400)* Palace have won just one of their last 16 Premier League games against Everton (D7 L8). * West Ham have won their last two league games against Bournemouth and are looking to complete their first league double over them. Newcastle United v Tottenham Hotspur (1300)* Alexander Isak has scored five goals in his last six league games for Newcastle.

☆ A pilot thought his instructor was 'pretending to nap' but the man had actually died inflight
▼ + stars: | 2023-02-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

A flying instructor died during a private flight last year, according to a new safety report. The pilot thought his instructor was "just pretending to take a nap," before realizing he was dead. The pilot knew the instructor well and thought he was simply "pretending to take a nap," not realizing what had occurred, the report said. As he failed to garner a response from the instructor, the pilot finally realized something was wrong, according to the report. The Civil Aviation Authority found three previous instances of a pilot suffering a heart attack inflight since 2005, according to the accidents report.

☆ Iheanacho sends Leicester into FA Cup fifth round, Leeds also win
▼ + stars: | 2023-01-28 | by ( ) www.reuters.com time to read: +3 min

SummarySummary Companies Leicester scrape past fourth-tier WalsallLeeds win 3-1 at Accrington StanleyFulham salvage 1-1 draw with SunderlandWALSALL, England, Jan 28 (Reuters) - Kelechi Iheanacho spared Leicester City from a potential FA Cup giant-killing as his second-half goal saw the Foxes beat fourth-tier Walsall 1-0 and progress to the fifth round on Saturday, while Leeds advanced with a 3-1 win over Accrington Stanley. Southampton put their Premier League woes aside to beat Championship strugglers Blackpool 2-1 while Bristol City eased to a 3-0 win over fellow second-tier side West Bromwich Albion. Leicester, who beat fourth-tier strugglers Gillingham with an Iheanacho goal in round three, faced a stern test from a hard-working, high-energy Walsall outfit. Leeds reached the fifth round for the first time since 2016 as they avoided a slip-up at third-tier Accrington. Reporting by Adam Millington and Martyn Herman; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Newcastle stunned but West Ham, Spurs, Leicester progress
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +2 min

West Ham secured their ticket to the fourth round after Said Benrahma scored a stunning long-range effort against his former club in a 1-0 win at Brentford. Josh Windass netted twice for Wednesday as they took a two-goal lead over Newcastle in the second half. Yet they did little in the way of replicating the form which saw them lead 2-0 after 43 minutes against West Ham when they met in the Premier League eight days ago. Brentford are now out of both domestic cup competitions, having exited the League Cup after a loss to League Two Gillingham in November. Elsewhere, Premier League sides Bournemouth and Nottingham Forest suffered defeats by Championship teams Burnley and Blackpool respectively.

“I didn’t want to hide anymore and I wanted to show everyone who Josh Cavallo the person is. It’s just absolutely phenomenal that it’s had that impact.”"To see that we're heading to a country (Qatar) that's criminalizing people like myself ... It's quite concerning," says Cavallo of the 2022 World Cup. CNN has reached out to Qatar’s World Cup organizers for comment on Cavallo’s comments, but did not get a response. Earlier this year, former England international David Beckham become one of the most high-profile ambassadors for the World Cup in Qatar.

In an interview with the Los Angeles Times, Monae said she uses both she/her and they/them pronouns. Jerrod CarmichaelJerrod Carmichael accepts Outstanding Writing for "Jerrod Carmichael: Rothaniel" at the 74th Primetime Emmys in Los Angeles, on Sept. 12, 2022. Charlee CorraCharlee Corra speaks at Human Rights Campaign dinner on March 12, 2022 in Los Angeles. Ellia GreenEllia Green, right, with his partner Vanessa Turnbull-Roberts and their daughter in Sydney, Australia, on Aug. 15, 2022. Blair came out publicly this year after serving as a consultant for Amazon Prime’s very queer TV reboot of the decades-old film.

☆ Panică într-un parc de distracţii din Marea Britanie. Mai mulți vizitatori, blocaţi într-un carusel la o înălţime de 70 de metri
▼ + stars: | 2021-04-26 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Momente de groază pentru vizitatorii unui parc de distracţii din oraşul Blackpool, Marea Britanie. Aceştia au rămas blocaţi într-un carusel la o înălţime de 70 de metri. Sistemul s-a oprit brusc şi nu a mai vrut să pornească. Astfel, vizitatorii au fost nevoiţi să coboare pe jos. În urma incidentului, funcţionarea caruselului a fost sistată pentru verificări.

Persons: . Locations: Blackpool

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