DIRS.INFO The most relevant business & tech news

☆ Mauricio Pochettino laments ‘sad situation’ after Chelsea players squabble over penalty during 6-0 win against Everton
▼ + stars: | 2024-04-16 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Chelsea manager Mauricio Pochettino said it was a “sad situation” seeing his players squabble over who was going to take a penalty during an otherwise impressive 6-0 win against Everton. Nicolas Jackson and Noni Madueke both felt that they should have responsibility, as did Palmer, Chelsea’s regular penalty taker. The striker then calmly rolled the ball into the bottom-left corner to give Chelsea a 5-0 lead at Stamford Bridge. “And then if Palmer wants to give the ball to another he can, but not in this way. “Maybe it was a bit over the top, the argument and stuff, but everyone just wants to win [and] help, it’s nothing major.

Persons: Mauricio Pochettino, Cole Palmer, Nicolas Jackson, Noni, Palmer, Chelsea’s, Conor Gallagher, ” Pochettino, Glyn Kirk, “, It’s, ”, Everton –, Jordan Pickford, Pochettino, Justin Setterfield, Alfie Gilchrist, Victory, West Ham Organizations: CNN, Chelsea, Everton, Monday’s Premier League, Stamford, Sky Sports, Getty, Premier League’s, England, Premier League, Newcastle , Manchester United, Nottingham Forest, Manchester City, FA Locations: Madueke, AFP, Newcastle ,, West

☆ 'Quiet luxury' is alive and well in 2024. Here's why the old money style is so hard to shake
▼ + stars: | 2024-04-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Rick Bowmer | Getty Images"Quiet luxury" is back under a new name: Old money style. But experts say quiet luxury is still alive and well, although the emphasis is now on "old money," which is still expensive but grounded in a timeless, classic look and lifestyle — with or without the generational wealth. What is 'old money style'? Quiet luxury, classic prep and even "mob wife" all fall under the old money aesthetic, which is reflective of the current economic climate, according to Glyn. Why quiet luxury won't go away

Persons: Gwyneth Paltrow, Rick Bowmer, Gwyneth Paltrow's, Sonya Glyn, Glyn Organizations: Gentleman Locations: Park City , Utah

☆ Chelsea vs. Leeds United: Soccer fan rushed to hospital after falling from top tier of stadium
▼ + stars: | 2024-02-29 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +1 min

CNN —A Leeds United soccer fan was admitted to hospital after reportedly falling from the top tier of Chelsea’s Stamford Bridge stadium in southwest London on Wednesday night. The incident took place shortly after Leeds took a 1-0 lead against Chelsea in the first half of their FA Cup last-16 match, according to reports by British media, citing footage from social media. “Leeds United can confirm an incident involving a Leeds United supporter occurred in the Shed End of Stamford Bridge during the first-half of tonight’s FA Cup game,” the Championship club, who play in English soccer’s second tier, said in a statement. Chelsea will face Leicester City in the FA Cup quarterfinals next month. Glyn Kirk/AFP/Getty ImagesThe FA Cup is the oldest football competition in the world.

Persons: ”, Conor Gallagher’s, Glyn Kirk Organizations: CNN, Leeds United, Leeds, Chelsea, FA, tonight’s FA, Championship, ” London’s Metropolitan Police, Chelsea FC, CNN Sport, English Premier League club Chelsea, Leicester City, Getty, Manchester City Locations: Chelsea’s Stamford, London, Stamford, ” London’s, AFP

☆ Premier League: VAR is proving to be box office entertainment but at what cost to the action?
▼ + stars: | 2023-11-08 | by ( Manav Tanneeru | Matias Grez | ) edition.cnn.com time to read: +6 min

Instead, four years on from its Premier League debut, the technology has now seemingly become the main talking point rather than the football itself. Chelsea's win over Tottenham involved a number of huge VAR decisions. Henry Nicholls/AFP/Getty ImagesBeing magnanimous about refereeing decisions isn’t a trait many Premier League managers seemingly possess. “The Premier League is the best league in the world with the best players, coaches and supporters, all of whom deserve better,” the statement read. Whatever the Premier League and PGMOL had in mind for VAR’s development, it surely wasn’t this.

Persons: –, Chelsea's, Glyn Kirk, Ange Postecoglou, “ I’ve, ” Postecoglou, I’ve, we’re, Postecoglou, he’s, Jürgen, Henry Nicholls, Mikel Arteta, ”, “ PGMOL, Arteta, Gary O’Neil, Jürgen Klopp, Charlotte Wilson, Keith Hackett, “, Hackett, “ Lukas Brud, ” Hackett, PGMOL Organizations: CNN, Premier League, Premier League doesn’t, Champions League, Serie, Liga, Tottenham, Getty, Liverpool, Newcastle, Sunday, Gunners, ” CNN, Bournemouth, Twitter, International Football Association Board Locations: AFP

☆ ‘Madonna’ Review: The Material on the Girl
▼ + stars: | 2023-10-15 | by ( Tara Isabella Burton | ) www.wsj.com time to read: +1 min

Madonna in a downtown Manhattan loft, December 1982. Photo: Peter Noble/Redferns/Getty ImagesIn February 1927, the British novelist Elinor Glyn published a short story in Cosmopolitan magazine that would define the then-nascent culture of celebrity. Glyn’s story explored the concept of It: the mysterious, ineffable, possibly magical quality that stars and other screen luminaries have and ordinary people don’t. Sex appeal, personal charisma, beauty—all of these contribute to It, but It is much more. And so not only a star, but an ideology of stardom, was born.

Persons: Peter Noble, Elinor Glyn, Glyn, optioning, Clara Bow Organizations: Cosmopolitan, Paramount Locations: downtown Manhattan, British

☆ China's going through a 'rough period,' says Glyn Ford
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's going through a 'rough period,' says Glyn FordGlyn Ford, former member of the European Parliament, now executive director of Polint, says "it's questionable whether [it] can weather that."

Persons: Glyn Ford Glyn Ford, Polint

☆ Virtual Healthcare Has Green Benefits
▼ + stars: | 2023-08-02 | by ( Cecilia Butini | ) www.wsj.com time to read: +8 min

Virtual doctor’s appointments are helping healthcare companies reduce carbon emissions, though sustainability is mostly seen as a side benefit of telehealth rather than its main driver. The healthcare industry is responsible for about 5% of global greenhouse-gas emissions, of which the U.S. healthcare system alone accounts for a quarter. Similarly, in England, medicines, buildings, equipment and other supply-chain items generate most of the National Health Service’s emissions, according to official NHS figures. The company has designed an app for teleconsultations that is able to show patients the carbon emissions avoided through that consultation. In line with national data, the company said its Scope 3 emissions account for 75% of its total emissions.

Persons: telehealth, Cynthia Cox, KFF, ”, Colin Cave, ” Cave, Glyn Richards, Ben Phillips, BUPA, Marijka Grey, Kyle Zebley, — Dieter Holger, Cecilia Butini Organizations: McKinsey, Sustainable Business, Affordable, Energy, U.S . Agency for Healthcare Research, National Health, Kaiser Permanente, Permanente Kaiser Permanente, Spain —, CommonSpirit Health, CommonSpirit, American Telemedicine Association Locations: England, telemedicine, Kaiser, U.S, Northwest, U.K, Spain, Grey, Europe

☆ Open Championship: Controversial new par-three 17th hole at Royal Liverpool splits opinion
▼ + stars: | 2023-07-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

It may be the shortest hole on the course, but Royal Liverpool’s par-three 17th hole is already proving a tall order for some players at the 151st edition of the tournament. When Rory McIlroy lifted the Claret Jug in 2014, the 17th hole was a 458-yard par four. General view across the 17th tee as crowds look on during a practice round prior to The 151st Open at Royal Liverpool Golf Club. Though an opening one-over 72 marked a disappointing start to his latest pursuit of a second major, he did birdie the 17th hole. Herbert’s strong start crumbled after his 17th tee drive skewed left to settle at the bottom of the green’s slope.

Persons: –, Lucas Herbert, ” Herbert, Martin Ebert, ‘, ’, Rory McIlroy, it’s, Stuart Franklin, …, ”, Martin Slumbers, “, Cameron Smith, Andrews, Slumbers ’, “ That’s, ” Smith, There’s, ” England's Oliver Wilson, Glyn Kirk, Billy Foster, caddie, Matt Fitzpatrick, ” Foster, ” Fitzpatrick, Fitzpatrick, Stuart Kerr, Pete Cowen, Brooks Koepka, They’ll, ” Cowen, Cowen, Foster, Cowen’s, Koepka, Pete, Kevin C, Cox, Herbert’s, It’s, ” Jordan Spieth, Jon Rahm –, Spieth, ” England’s Jason Day, “ There’s, Matthew Jordan, ” Jordan Organizations: CNN —, Royal Liverpool, 151st, Royal Liverpool Golf Club, TPC, Royal, St, Getty, coy, May’s, CNN, Oak Hill Country, Merseyside Locations: Augusta, It’s, AFP, , New York

Prices of iron ore, from which Rio Tinto derives around 70% of its profits, eased over the second quarter on concerns over China's debt-ridden property sector, but could improve after Beijing on Tuesday pledged to roll out policies to boost growth. "China's economic recovery has fallen short of initial market expectations, as the property market downturn continues to weigh on the economy and consumers remain cautious despite monetary policy easing," Rio Tinto said in its quarterly report. Rio Q2 Shipments easeRio downgraded its expectations for refined copper production, alumina production, and output at its Canadian iron ore operations and warned of rising costs. "Production downgrades during the quarter highlight that we still have much more to do," Rio Tinto Chief Executive Jakob Stausholm said in the report. Wildfires in Northern Quebec impacted Canadian iron ore production, it said.

Persons: Rio, Glyn Lawcock, Jakob Stausholm, Melanie Burton, Navya Mittal, Rishav Chatterjee, Shounak Dasgupta, Sonali Paul Organizations: Rio Tinto, Alpha, Tinto Chief, Thomson Locations: MELBOURNE, Rio, Beijing, Barrenjoey, Sydney, Utah, Northern Quebec, Rincon, Argentina, Melbourne, Bengaluru

☆ Princess of Wales comforts Ons Jabeur after ‘painful’ Wimbledon loss
▼ + stars: | 2023-07-16 | by ( Aimee Lewis | ) edition.cnn.com time to read: +4 min

The Wimbledon title is the grand slam she wants more than any other, but for the second successive year, Jabeur had to settle for the runners up trophy. Asked what the Princess of Wales told her in that moment, Jabeur told reporters: “Same thing after last year: to encourage me to be strong, to come back and win a grand slam, win a Wimbledon. The last unseeded woman to reach a Wimbledon final was Billie Jean King in 1963. Playing in her second grand slam final, the 24-year-old Czech played brilliantly on the grass and her variety of shots got the better of the sixth seed Jabeur. I think it was the most impossible grand slam for me to win, so I didn’t even think of it.

Persons: Markéta Vondroušová, Jabeur, Dylan Martinez, Reuters “, ”, Princess, Wales, Czech Jana Novotná, Duchess, Kent, Andy Murray’s, ” Jabeur, Kim Clijsters, “, Vondroušová, Glyn Kirk, Markéta, Marketa, Billie Jean King, Julian Finney, ‘, ” Vondroušová, we’ll Organizations: CNN, Wimbledon, Court, Reuters, Belgian, Getty, Czech Wimbledon Locations: Czech, British, AFP, London

☆ Carlos Alcaraz beats Novak Djokovic in 5 sets to win Wimbledon for his second major trophy
▼ + stars: | 2023-07-16 | by ( ) www.cnbc.com time to read: +11 min

The age gap between the two was the widest in any men's Slam final since 1974. Still, this is all relatively new to him: Djokovic's record 35th Grand Slam final was Alcaraz's second. Yet it was Alcaraz who won a 32-pointCarlos Alcaraz said he wanted another shot at Novak Djokovic. The age gap between the two was the widest in any men's Slam final since 1974. He's used these sorts of intermissions to gather himself and shift momentum and, sure enough, he pushed this terrific match to a fifth set.

Persons: Spain's Carlos Alcaraz, Serbia's Novak Djokovic, Glyn KIRK, GLYN KIRK, Carlos Alcaraz, Novak Djokovic, Said, Alcaraz, Djokovic, He's, pointCarlos Alcaraz, Novak, Fergus Murphy, —, That's, Rafael Nadal, Roger Federer, enders, I've, Spain's King Felipe VI Organizations: England Tennis Club, Getty, Wimbledon, All England Club, Court, Australian, Spaniard Locations: Wimbledon, London, AFP, Serbia, Spain

☆ Novak Djokovic reaches ninth Wimbledon final after brushing aside Jannik Sinner
▼ + stars: | 2023-07-14 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

After eventually holding serve, Djokovic turned to the fan and mimicked wiping away tears from his eyes. Novak Djokovic kisses the grass after beating Jannik Sinner. Rare hindrance callThe early signs were promising for Sinner, who earned a break point in Djokovic’s opening service game, though he was unable to convert. Jannik Sinner was no match for Novak Djokovic. Julian Finney/Getty Images“The hindrance [call] earlier on today in the match could have changed course of the match,” Djokovic said.

Persons: Novak Djokovic, Italy’s, Chris Evert’s, Carlos Alcaraz, Daniil Medvedev, Djokovic, he’s, Andy Murray, ‘, Jannik Sinner, Sebastien Bozon, ”, magnanimously, “, ” Djokovic, Sinner, Richard Haigh, Julian Finney, Haigh, Glyn Kirk, – Djokovic, I’ll Organizations: CNN, Wimbledon, Getty Locations: Friday’s, Sunday’s, AFP, SW19

☆ Christopher Eubanks hoping to ‘ride this momentum out’ after his dream Wimbledon run comes to an end
▼ + stars: | 2023-07-13 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Christopher Eubanks’ thrilling run at Wimbledon has come to an end, but the American tennis star wants to keep riding the wave of his recent success. “I’m just enjoying myself,” Eubanks told reporters as his improbable run came to an end. “I’m having a great time. “I’m going to continue to try to ride this momentum out. I know that comes with the game style, and I’m okay with that.”Eubanks and Medvedev shake hands after their entertaining Wimbledon encounter.

Persons: Christopher Eubanks, Eubanks ’, Stefanos Tsitsipas, Cameron Norrie, Daniil Medvedev, “ I’m, ” Eubanks, “, I’m, Susan Mullane, Reuters Eubanks, ”, Eubanks, Medvedev, Glyn Kirk, ’ ”, It’s, I’ll Organizations: CNN, Wimbledon, Tennis, Medvedev, Reuters, ATP, Getty Locations: American, Mallorca, AFP

☆ Wimbledon curfew: what is it and what does it mean?
▼ + stars: | 2023-07-10 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

18 Hubert Hurkacz at Wimbledon, play was stopped for the day. What is the curfew at Wimbledon? Already at this year’s Wimbledon, two matches haven fallen foul of the curfew. And after Murray had won the third set to take a 2-1 lead, the match was stopped approximately 20 minutes before the curfew. The other match to be suspended because of the curfew was Djokovic’s clash with Hurkacz on Sunday.

Persons: Novak Djokovic, Hubert Hurkacz, Andy Murray, Liam Broady’s, Casper Ruud, Alize, Elena Rybakina, Murray, Tsitsipas, Carlos Alcaraz, Glyn Kirk, Andrey Rublev, Alexander Bublik, Iga Świątek, Belinda Bencic, Djokovic, Hurkacz, Marcos Baghdatis, Merton, Stephen Alambritis, ”, ” Alambritis Organizations: CNN —, Wimbledon, Lawn Tennis, –, Australian, Croquet Club, Stefanos, Tsitsipas, Getty, Center Court, All England Club, Wimbledon Guardian Locations: Serbian, AFP

Reuters GraphicsAnalysts said the data underlined that once-booming ESG funds were no longer immune from wider market dynamics. BELOW PEAKNet assets across ESG funds fell in the second quarter and to below recent peaks, according to Refinitiv. Morningstar's global director of sustainability research, Hortense Bioy, said their preliminary data suggested demand for more stringent ESG funds appeared resilient. However, she said that managers' desire to meet European Union regulations had encouraged some firms to reclassify their ESG funds as traditional products, impacting investor flows. The anti-ESG backlash had also hit U.S. firms' appetite for marketing sustainable funds, "which has had an impact on sales," Bioy said on the sidelines of a conference this week.

Persons: outpacing, Edward Glyn, ESG, Hortense Bioy, Bioy, Tommy Reggiori Wilkes, Patturaja, David Holmes Organizations: Equity, Reuters, Reuters Graphics Analysts, outflows, ESG, Reuters Graphics, Thomson Locations: Europe, United States, Calastone

☆ PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
▼ + stars: | 2023-06-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.

Persons: LIV Golf, that's, —, LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese

☆ UK investors back money market funds in May, ditch ESG funds
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 6 (Reuters) - UK investors backed money market funds in May at the fastest rate since the country's failed 'mini-budget' last year, opting for caution after a volatile period in global banking, funds network Calastone said on Tuesday. The data also showed that environmental, social and corporate governance-focused equity funds suffered their worst month on record, shedding 304 million pounds of capital. Investors added a net 318 million pounds during the month, half the average of the last year, Calastone said. Equity funds suffered net outflows of 302 million pounds, meanwhile, marking a sharp reversal after strong inflows in March and April. UK-focused funds were particularly hard hit, seeing outflows of 583 million pounds.

Persons: Calastone, Liz Truss, Edward Glyn, Iain Withers, Barbara Lewis Organizations: Equity, Thomson Locations: U.S, Calastone

☆ Eton v Harrow: Why this centuries-old schoolboy match has been the cause of division and debate in England
▼ + stars: | 2023-05-13 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

The Marylebone Cricket Club (MCC), which owns Lord’s, sought to axe the match from the ground’s schedule before granting it a reprieve after some of its members protested. As a compromise, the MCC announced in March that it would host both the Eton vs. Harrow and Oxford vs. Cambridge fixtures for another five years, before another consultation with members. Schoolboys look on from the grandstand during the Eton vs. Harrow cricket match at Lord's on Friday. Glyn Kirk/AFP/Getty ImagesThe club will also host the finals of the UK’s school and university cricket competitions, rather than only the historic fixtures. They took to the field on Friday and Harrow emerged victorious by just four runs.

Listed miners with lithium projects in South America suffered, however, on concerns other governments may follow Chile's lead. Elsewhere in Asia, lithium prices stabilised on an improved demand outlook, and Japan acted to shore up its EV minerals supply by announcing a swathe of industry subsidies. Bucking the regional trend were Australian-listed miners with projects in South America's lithium triangle which spans Chile, Argentina and Bolivia, on concerns other governments may follow Chile's footsteps. Shares in miners with Argentine projects fell. Lithium Power International, (LPI.AX) whose Maricunga brine project is Chile's largest permitted, proposed project welcomed the new policy which it said would "positively transform" Chile's lithium industry.

☆ Scranton to Biden: Love ya, Joe. But a 2024 run?
▼ + stars: | 2023-03-22 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

[1/6] A photograph of Jim Connors, 76, former Mayor of Scranton, with U.S. President Joe Biden hangs in his home in Scranton, Pennsylvania, U.S., March 10, 2023. Despite those strong ties, interviews with about two dozen Scranton voters show many harbor deep concerns about Biden running again. Many Scranton residents say they might back Biden again in 2024, albeit without much enthusiasm. Biden is also supporting a plan to build a new rail line from Scranton to New York City. “So, when I think about President Biden, I don't just think about President Biden being our hometown son," Cognetti said.

☆ South32 sees shipping delays tying up cash in inventory
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

MELBOURNE, Jan 23 (Reuters) - Australian diversified miner South32 Ltd (S32.AX) on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an inventory buildup, impacting working capital. In its quarterly report, South32 met coal, aluminium and copper forecasts and slightly exceeded analyst estimates for manganese ore production, for which it is the world's biggest producer. "While production was inline, sales were impacted, leading to weaker-than-expected cash generation," said analyst Glyn Lawcock of Barrenjoey in Sydney. "This impact is most acute in our aluminium value chain in Southern Africa due to ongoing shipping delays." In manganese ore, South32 reported 1,477 kilotonnes (kt) of production, ahead of an RBC estimate by 7%.

☆ Rio Tinto sees increased volatility as China reopens
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +3 min

MELBOURNE, Jan 17 (Reuters) - Rio Tinto (RIO.AX) on Tuesday said that China's reopening from COVID-19 restrictions is set to raise near-term risks of labour and supply-chain shortages, while it also flagged a strong start to iron ore shipments for 2023. Rio looks set to retain its crown as the world's biggest iron ore producer as quarterly iron ore shipments came in slightly ahead of expectations, near the bottom of the year's guidance. "It's good to see they made their iron ore guidance. Iron ore shipments for the final quarter of 2022 rose 3.8% to 87.3 million tonnes (Mt), bringing full-year shipments to 321.6 Mt, which beat a Visible Alpha consensus estimate of 320.2 Mt. Rio Tinto maintained its full-year iron ore shipments forecast of 320 Mt to 335 Mt.

☆ UK stock funds lost a record $10 billion last year, new research shows
▼ + stars: | 2023-01-06 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

U.K.-focused equity funds saw record outflows in 2022. LONDON — Investors ditched U.K. stock funds at a record rate last year, according to new research, with the selling outpacing that in other major markets. That compared with £2.65 billion in outflows from other European stock funds, £1.17 billion from North American funds and £1 billion from Asia-Pacific funds. Meanwhile, passive equity funds, which track a stock market or market sector, saw their first year of net outflows on its records. Bright spots were global environmental, social, and corporate governance equity funds, which added £6.35 billion, and emerging market funds, which added £647 million.

☆ UK equity funds saw record $10 bln outflows in 2022-Calastone
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Equity funds shed 6.26 bln stg in 2022 -CalastoneRecord 1.17 billion stg of North American funds sold in 2022Signs of optimism returned in Q4 but UK funds shunnedGlobal ESG equity funds saw inflowsLONDON, Jan 5 (Reuters) - Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning Britain as the country braces for the worst recession among major economies, a global funds network said. Calastone said on Thursday that investment fund flows in 2022 were the weakest in at least eight years, with 6.29 billion pounds pulled from equity funds as the war in Ukraine helped to drive record inflation and interest rate hikes. Fleeing into cash and fund categories perceived to be lower-risk, investors also sold a record 1.17 billion of North American funds - the first year of outflows since 2016. Exits from European equity funds hit 2.65 billion pounds, while Asia-Pacific funds saw 1 billion pounds of withdrawals. Property funds, meanwhile, have been buffeted by outflows, partly because economic downturns snuff out demand for commercial property.

☆ The US may have lost in the World Cup, but soccer is more popular than ever in America
▼ + stars: | 2022-12-12 | by ( Harry Enten | ) edition.cnn.com time to read: +36 min

The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.

Search resuls for: "Glyn"

25 mentions found