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Great Barrier Reef, Australia CNN —As the early-morning sun rises over the Great Barrier Reef, its light pierces the turquoise waters of a shallow lagoon, bringing more than a dozen turtles to life. CNN witnessed bleaching on the Great Barrier Reef in mid-February, on five different reefs spanning the northern and southern parts of the 2,300-kilometer (1,400-mile) ecosystem. “It’s a die-off,” said Professor Ove Hoegh-Guldberg, a climate scientist at the University of Queensland in Australia and chief scientist at The Great Barrier Reef Foundation. Our destination is Lady Elliot Island, a remote coral cay perched on top of the southern end of the Great Barrier Reef. — Lady Elliot Island Eco Resort Guano miners once stripped Lady Elliot Island of its topsoil.

Persons: Elliot Island, ”, Kate Quigley, “ We’re, Ove Hoegh, I’m, Guldberg, ‘, Elliot, Peter Gash, “, ” Gash, Lady Elliot, ” Peter Gash, CNN Gash, Derek Manzello, Peter Harrison, “ We’ve, ” Harrison, ” David Ritter, ” Ritter, David Wachenfeld Organizations: Australia CNN —, Atmospheric Administration, NOAA, CNN, Minderoo, University of Queensland, Eco, Reef Watch, Southern Cross University, Australian Institute of Marine Science, Greenpeace, Australia CNN Scientists, AIMS Locations: Australia, El, Brisbane, Queensland, Red Sea, Indonesia, Seychelles, Caribbean, Florida, “, New South Wales, Greenpeace Australia, Briggs, Elliot Island

☆ Mars to buy Britain's Hotel Chocolat for $662m
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Hotel Chocolat products are seen on sale at Rabot 1745, in London, Britain December 1, 2017. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - Britain's Hotel Chocolat (HOTC.L) agreed to a 534 million pound ($662 million) takeover offer from Mars Inc on Thursday, the specialist chocolatier succumbing to the U.S. food giant with international expansion in mind. Set up twenty years ago, Hotel Chocolat aimed to make chocolate exciting by bringing ethical affordable luxury to the British high street, and joint founder Angus Thirlwell remains chief executive to this day. Thirlwell, who will stay on with the business under family-owned Mars, said growth would be faster under new ownership. By partnering with Mars, we can grow our international presence much more quickly," he said in a statement.

Persons: Peter Nicholls, Angus Thirlwell, Thirlwell, Peter Harris, Sarah Young, Kate Holton, James Davey Organizations: REUTERS, Mars Inc, Thomson Locations: London, Britain, Chocolat, Saint Lucia, Japan

☆ Hotel Chocolat's cofounders are about to become $180 million richer after Mars made a takeover bid
▼ + stars: | 2023-11-16 | by ( Chris Johnston | ) www.businessinsider.com time to read: +3 min

Mars is offering almost $700 million to buy Hotel Chocolat. AdvertisementThe cofounders of Hotel Chocolat stand to become about $180 million richer after Mars offered to buy the upmarket chocolatier for £534 million ($673 million.) Thirlwell stands to make £91 million ($112 million) and Harris £53 million ($65 million) from the Bounty and Mars maker's offer. Hotel Chocolat has 131 stores in the UK. Mars would keep the company "special" while helping it grow, Clarke told Bloomberg, including opening more Hotel Chocolat stores in the UK.

Persons: Angus Thirlwell, Peter Harris, —, Thirlwell, Harris, Peter Dazeley, Andrew Clarke, Mars Snacking, Clarke Organizations: Service, British, London Stock Exchange, Bloomberg Locations: British, Chocolat, Chocolat's, Japan, Peel, London

☆ Mars is buying Britain’s Hotel Chocolat in £534 million deal
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Mars is buying Hotel Chocolat in a deal that values Britain’s largest independent chocolate maker at £534 million ($661 million) and could boost its growth prospects outside of the United Kingdom. Hotel Chocolat was founded in 1993 by entrepreneurs Angus Thirlwell and Peter Harris who “were on a mission to make chocolate exciting again,” according to its website. In the most recent financial year, Hotel Chocolat posted what it described as “disappointing” financial results. The company’s revenue declined 10% to £205 million ($254 million) and it reported a loss of £6.2 million ($7.7 million). “Hotel Chocolat, whilst expensive, is proper chocolate.

Persons: London CNN —, Jonathan De Mello, Angus Thirlwell, Peter Harris, “, Chocolat, Thirlwell, ”, Kraft, ” Susannah Streeter, Hargreaves Lansdown, Mars Organizations: London CNN, United Kingdom ., Chocolat’s, JDM Retail, Twitter, Kraft Foods, Mondelez, Mars, Hargreaves Locations: United Kingdom, Chocolat, London, Japan, Caribbean, American, Birmingham

July 27 (Reuters) - British asset manager Schroders (SDR.L) reported a drop in first-half assets under management on Thursday, due to weaker investor sentiment and market volatility. Schroders' assets under management fell to 726.1 billion pounds ($940 billion) in the six months to June 30, from 737.5 billion pounds at December-end. The company generated 5.7 billion pounds in net new business, excluding joint ventures and associates. In contrast, Jupiter Fund Management (JUP.L) jumped 14% to the top of the FTSE mid-cap (.FTMC) after it reported assets under management rose 2% to 51.4 billion pounds. The fund manager saw "small" net inflows of 23 million pounds, helped by institutional client demand.

Persons: Schroders, Calastone, Peter Harrison, Jefferies, James's, Peel Hunt, Eva Mathews, Savio D'Souza, Sinead Cruise, Sharon Singleton Organizations: Reuters, Bank of England, JPMorgan, Jupiter Fund, Peel, Thomson Locations: British, Bengaluru

☆ A man's world: gender parity will take more than five generations
▼ + stars: | 2023-03-08 | by ( Joice Alves | ) www.reuters.com time to read: +6 min

The analyses of the data in the WEF's Global Gender Gap report takes into consideration gender disparity in economic opportunities, education, political empowerment, health and safety. The BofA data shows that U.S. companies with greater gender diversity have offered a median 20% higher return on equity since 2005 than those who lack it. According to consultancy firm EY, almost half of European financial services investors state that gender diversity in the boardroom significantly influences their decision to invest in a company. For senior executive roles, gender parity still looks out of reach. U.S. companies focused on gender diversity on boards and senior executive level have achieved 43% lower earnings risk in subsequent three years than those who lack such diversity, BofA said, citing its own analysis.

☆ Solvency II is 'far too restrictive,' Schroders CEO says
▼ + stars: | 2022-11-29 | 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 EmailSolvency II is 'far too restrictive,' Schroders CEO saysPeter Harrison of the asset management company discusses the U.K.'s economy, and says it's "proving a little bit more resilient than people thought."

Finding questions to ask your interviewer is a crucial part of preparing for any job interview. But sometimes it's tricky to think up questions to ask on the spot. In addition, she said you may get " answers to questions you didn't even know to ask but are important." 'Beyond the hard skills required to successfully perform this job, what soft skills would serve the company and position best?' Find out more about the position you're applying for'Who would I be reporting to?'

☆ Shanghai bourse kicks off week-long conference to woo global investors
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 8 (Reuters) - The Shanghai Stock Exchange (SSE) kicks off on Wednesday a week-long global conference to promote China's capital markets, according to an official agenda, the latest in a flurry of activities by regulators to woo international investors. Participants at the annual SSE Global Investor Conference, to be held Nov. 9-16, and closed to the media, include Chinese regulators, executives from global banks and asset managers such as abrdn, Deutsche Bank and PIMCO. At the Global Financial Leaders' Investment Summit in Hong Kong last week, the country's senior financial regulators reaffirmed China's commitment to economic growth as a priority. Senior Chinese officials also sent similar messages at the China International Import Expo over the weekend. In the "fireside chat" section, senior officials from China's securities and foreign exchange regulators will talk about promoting the opening-up of China's capital market, and facilitating cross-border investment.

☆ Farm and food investors face $150 bln loss on climate change - report
▼ + stars: | 2022-09-20 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

Cattle gather in a field near a wind turbine in the Landes de Couesme wind farm near La Gacilly, western France, April 26, 2014. The study, seen by Reuters News, found the companies' value would decline by an average of around 7% by 2030, equivalent to some $150 billion in investor losses, if they did not adopt new practices. The report does not name specific companies so it is not taken as investment advice, a campaign representative said. It is being published by Race to Zero, a U.N.-backed campaign to address climate change. The report will be presented at Climate Week in New York, a series of events tied to the gathering of world leaders in the city.

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