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☆ Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
▼ + stars: | 2024-03-26 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The war prompted many governments to enact sanctions against Russia's richest, including seizing their superyachts worth hundreds of millions of dollars. At least a dozen superyachts — worth well over $1 billion combined — have been affected. Russia's sanctioned superyachts are hard to buy and sellThe first problem is that many of the yachts are "frozen" — not seized. "How does it look if you bought a Russian boat?"

Persons: It's, —, Russia's, I've, Julia Simpson, Thompson of Monaco, it's, Joshua Naftalis, Ralph Dazert, Alfa Nero, Eric Schmidt, Simpson Organizations: Service, Russia's, Palm, SuperYacht, Thompson, Pallas Partners, SuperYacht Times Locations: Russia, Ukraine, Russian, San Diego, Antigua, Barbuda, Maldives, Montenegro, Dubai

PARK CITY, Utah (AP) — Chiwetel Ejiofor had read Jeff Hobbs’ “The Short and Tragic Life of Robert Peace” years before Antoine Fuqua asked if he might consider writing and directing an adaptation. Some of the narratives chalked it up to the fact that he went back to where he came from. “I thought it was very special and very powerful,” Ejiofor told The Associated Press in a recent interview. “I never felt that it was a story about somebody who was able to play a role in different places,” Ejiofor said. Ejiofor wants audiences to have a sense of hope in Rob’s story as well as to feel enriched by knowing him.

Persons: Chiwetel Ejiofor, Jeff Hobbs ’, Robert Peace ”, Antoine Fuqua, Peace’s, “, Peace, Ejiofor, Hobbs, ” Ejiofor, hadn’t, Fuqua, Rebecca, ” Antoine Fuqua, Rob Peace ”, ”, Alex Kurtzman, Rob, Jay Will, Jay, He’s, Maisel ”, Taylor Sheridan’s “, Mary J, Blige, Jackie, Camila Cabello, Naya, Skeet, he’d, Kurtzman marveled, —, ” Kurtzman, He’d, Ksenia Sereda, you’re Organizations: Yale, St, Benedict’s Preparatory School, Associated Press, Sundance, Taylor Sheridan’s “ Tulsa Locations: CITY , Utah, East Orange , New Jersey, Newark, Malawi

☆ No phone, no Twitter: 60-year-old Al-Rashidi's secret to gold in shooting
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

Sept 27 (Reuters) - Kuwait's Abdullah Al-Rashidi claimed his fourth Asian Games gold medal in skeet shooting on Wednesday and the 60-year-old said the secret to his longevity and his sharp vision is staying away from the phone and social media. To put Al-Rashidi's age in perspective, Naruka was born in 1998 -- the same year the veteran Kuwaiti shooter won his third world title. I don't look at the phone or Twitter, because this is not good for your eyes. Despite winning gold medals at the world championships and Asian Games, his best result at the Olympics was bronze in Rio and Tokyo. With the Paris Olympics around the corner in 2024, Al-Rashidi said he still has a long way to go before he decides to call it a day.

Persons: Kuwait's Abdullah Al, Rashidi, Anant Jeet Singh Naruka, Naruka, Rohith Nair, Christian Radnedge Organizations: Kuwaiti, Games, Paris Olympics, Olympic, Thomson Locations: Hangzhou, India, Rio, Tokyo, Al, Paris, Bengaluru

☆ IOC asks Singh to continue as acting head of Olympic Council of Asia
▼ + stars: | 2023-07-30 | by ( Amlan Chakraborty | ) www.reuters.com time to read: +2 min

NEW DELHI, July 30 (Reuters) - The International Olympic Committee has asked India's Randhir Singh to continue as acting head of the Olympic Council of Asia, according to a letter seen by Reuters, after the IOC refused to recognise the Asian governing body's elections. Sheikh Ahmad has denied any wrongdoing. Sheikh Talal was appointed OCA president by a margin of 24 votes to 20 over his fellow Kuwaiti, Husain Al-Musallam. The trial considered whether Sheikh Ahmad had used a bogus Kuwaiti coup plot to gain advantage over political rivals. Sheikh Ahmad denied all the charges in the case and appealed the conviction.

Persons: India's Randhir Singh, Kuwait's Sheikh Ahmad Al, Fahad, Sheikh Talal Fahad Al, Ahmad Al, Sheikh Ahmad, Sheikh Talal, Husain Al, Singh, Sheikh Talal Al, Sheikh Ahmad's, Amlan Chakraborty, Tommy Lund, Ken Ferris Organizations: Olympic, Olympic Council of Asia, Reuters, IOC, OCA, Asian Games, Thomson Locations: DELHI, Fahad Al, Sabah, Bangkok, Singh, Swiss, OPEC, Geneva, Switzerland, Hangzhou, China, New Delhi

☆ Democratic lawmakers are having a blast on 'Bluesky,' the latest alternative to Twitter
▼ + stars: | 2023-05-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Some Democratic lawmakers have begun posting on "Bluesky," the latest alternative to Twitter. And for the Democratic lawmakers who use the platform, it's a place that feels safer and more gentle than Twitter. "The invite tree accountability makes people more judicious about bringing in solid people," wrote Ocasio-Cortez in a "skeet" this week. But I've [posted] triple digits in less than a week [on Bluesky]," she wrote in an earlier post. In a "skeet" on Bluesky, Rep. Ocasio-Cortez declares the platform to be "safer and more fun" than Twitter.

And so whenever I get one of those notifications, I know I’m going to have a good time there. kevin roose[LAUGHS]: I actually don’t think I could’ve told you what IBM stood for. kevin rooseSo I’ve thought a lot and written a lot about how and when AI actually is a threat to jobs. The third category is just the jobs that I think are going to be protected, the jobs that we won’t let AI do. But I don’t actually think the speed of it matters at all.

Credit Suisse staff had already been seeking to jump ship in recent weeks, sources told Reuters. "Many Credit Suisse bankers had already been talking to a lot of people for a while [about leaving the Swiss bank]. An executive at a rival London-based wealth manager said they had seen a steady flow of CVs coming in from Credit Suisse bankers. UBS told Credit Suisse wealth bankers on Monday that it was weighing financial sweeteners for them to stay, as it seeks to reassure key staff. Some experts have said Britain's financial services industry could ultimately benefit from recent bouts of turmoil in the United States and Switzerland.

On Wednesday, the company reported adjusted fourth quarter profit of 25.8 pence per share on sales of about 7.4 billion pounds ($9.11 billion). At 0900 GMT, GSK shares were up 0.4% outperforming the FTSE 100 which was up 0.3%. U.S. litigation over the heartburn drug Zantac has also spooked investors, hurting GSK's shares in the second half of 2022. "Nevertheless, against the backdrop of recent performance, and without any contribution from Covid-19, GSK’s 2023 guidance demonstrates some improved momentum," he said. GSK's shares have lagged most of its rivals in recent years.

LONDON, Feb 1 (Reuters) - GSK (GSK.L) chief executive Emma Walmsley on Wednesday made replenishing the drugmaker's pipeline of vaccines and therapies her number-one priority. But analysts say there is not enough in the medicine cabinet to keep the momentum going even beyond the next few years. Meanwhile, analysts say the market for Shingrix will eventually become saturated, further limiting the company's growth prospects. GSK shares lagR&D SPENDGSK's spending on R&D has long lagged behind its peers, something activist investor Elliott highlighted in a 2021 letter pressuring the company to make sweeping changes. Lucy Coutts, investment director at wealth management firm JM Finn, which holds GSK shares, there is hope the company will eventually deliver a streamlined and specialist portfolio of blockbuster drugs.

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