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☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

☆ Canada trade minister is postponing a planned trade mission to India
▼ + stars: | 2023-09-15 | by ( Steve Scherer | ) www.reuters.com time to read: +1 min

Canada's Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng speaks at a Lunar New Year celebration in Ottawa, Ontario, Canada January 31, 2023. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Sept 15 (Reuters) - Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for October, an official said on Friday, reflecting increasingly tense diplomatic relations just days after India's prime minister scolded his Canadian counterpart at a G20 summit in New Delhi. "At this time, we are postponing the upcoming trade mission to India," said Shanti Cosentino, a spokesperson for the minister, without giving a reason. Indian Prime Minister Narendra Modi, who held formal bilateral meetings with many world leaders during the G20 summit, snubbed Canadian Prime Minister Justin Trudeau, allowing only a short, informal meeting on the sidelines five days ago. Earlier on Friday, India said it had paused trade talks with Canada.

Persons: Mary Ng, Blair Gable, Shanti Cosentino, Narendra Modi, Justin Trudeau, Steve Scherer, Chris Reese, Matthew Lewis Organizations: of International Trade, Export, Small, Economic, REUTERS, Rights, Canadian Trade, Canadian, Thomson Locations: Ottawa , Ontario, Canada, India, New Delhi, Punjab, Ottawa

The planned listing will end a prolonged hiatus in initial public offerings (IPO) on Spain's main market since renewables company Opdenergy's (OPDE.MC) lackluster debut in July. EiDF Solar, which installs solar panels, currently trades on the junior market of the BME Exchange and plans to relist its shares on the senior stock market, known as Mercado Continuo. The group must place more shares with investors to meet a 25% minimum free-float requirement for the country's main market. Shares in EiDF, one of the most actively traded stocks on BME Growth, have rocketed since its stock market debut in 2021. It posted third-quarter 2022 revenues of 315.54 million euros, up from 30.55 million euros the previous year, and earnings before interest, tax, depreciation and amortisation (EBITDA) of 46.86 million euros, up from 7.10 million euros.

☆ Owner of Spain's Cosentino admits negligence over silicosis in workers - documents
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +3 min

[1/2] The logo of Spain's kitchen worktop manufacturer Cosentino is seen outside its showroom in Madrid, Spain, February 7, 2023. REUTERS/Violeta Santos MouraMADRID, Feb 7 (Reuters) - A Spanish businessman has admitted in court that he covered up the dangers of his company's star product, which allegedly led to nearly 1,900 workers contracting the occupational lung disease silicosis, court documents showed on Tuesday. Cosentino, based in the southern province of Almeria, is planning an IPO that could be worth more than 3 billion euros. Cosentino said managers at stone-cutting workshops "are responsible for ensuring that their workers have the necessary means of protection and that they implement them appropriately". "It is entirely incorrect that Cosentino has admitted to having concealed the fact that the handling of Silestone has caused the majority of cases of silicosis that have affected 1,856 workers," it added.

☆ 3 people share why they're paying as much as $4 million to live on a cruise ship all
▼ + stars: | 2023-01-31 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +8 min

The Storylines MV Narrative luxury cruise ship is poised to set sail in 2025. StorylinesBut like a commercial cruise ship, residents of the MV Narrative will have plenty to do. Holt said when he signed on in 2021 to live aboard, the annual fee for a single guy like himself was $72,000 a year. Holt plans to give up his Virginia rental and live aboard the ship full time. Angela NuranThe MV Narrative won't set sail until 2025, but Angela Nuran and Paul Cosentino are ready.

☆ We sold our belongings and bought a $2.5 million cabin on a luxury residential cruise ship that will sail the world. Here's what we're excited about and how we're preparing to live at sea.
▼ + stars: | 2023-01-19 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +8 min

We got the whole ship, and we're going to be going ashore as much as we like. They sold their house and went all-in on living at seaAngela: We opted for the leasehold period of 24 years. That's really what we're gonna live off of. So everyone that's living on this ship, you're not going to be having the carnival nights and the crazy college party ambiance. Well, the Narrative is not going to spend just one day at port, they're going to spend three days, four days, five days depending on where you're going.

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