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FILE PHOTO: Ineos Team UK's new America's Cup AC75 yacht is seen outside the British team's base in Portsmouth, Britain, October 4, 2019. “We’re testing all the data and software from next week,” Animation Research’s Taylor told Reuters by telephone from Dunedin. “Nobody has seen the boats (in race action) and we haven’t had any data from them in a proper environment. Animation Research’s graphics have been credited by sailing commentators with helping the casual fan follow the event, with the package showing real-time animations of racing. “The thing that will be different in this America’s Cup will be the boat.
Persons: Ian Taylor, Alexander Smith, Taylor, Research’s Taylor, haven’t, ” Taylor, , Riedel, Organizations: WELLINGTON, Reuters, British, REUTERS, Team New Zealand, Riedel Communications Locations: Portsmouth, Britain, Dunedin
Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada November 16, 2020. Huawei declined to comment on the WSJ report. Meng was arrested in Vancouver, Canada in December 2018. She would also be able to return to China from Canada, where she is currently on bail in her house. So far, Meng has resisted the proposed deal because she believes she has done nothing wrong, the report added.
Persons: Meng Wanzhou, Jennifer Gaulthier, Meng, Trump Organizations: Huawei Technologies, Reuters, Wall Street Journal, U.S . Department of Justice, The, Justice, CNBC, Huawei, HSBC Locations: Vancouver , British Columbia, Canada, Reuters GUANGZHOU, China, The U.S, Vancouver, U.S, Iran
This is misleading: general practices operate as small businesses and the funding is available to ensure they can afford to offer the vaccination service to their patients. The deal would see general practices receive £12.58 per COVID-19 vaccination. The confusion may stem from the fact general practice (the surgery) and general practitioner (the doctor) are both commonly abbreviated to GP. This fee is increased by 25% for the COVID-19 vaccine due to “extra training, post-vaccine observation and other associated costs”. The fact general practices will be paid to vaccinate people is not evidence the COVID-19 vaccination programme is “all about the money”.
Persons: , Martin Marshall, Read Organizations: Reuters, British Medical, NHS, British, Kings, Facebook, Royal College, Times, British Medical Association, BMA Locations: NHS England, England
LONDON (Reuters) - Top U.S. infectious diseases expert Anthony Fauci apologized on Thursday for casting doubt on the rigor of the British regulators who approved the Pfizer Inc vaccine against COVID-19, saying he had faith in the quality of their work. Kevin Dietsch/Pool via REUTERS/File PhotoBritain announced the approval of the vaccine on Wednesday, with the Medicines and Healthcare products Regulatory Agency (MHRA) saying it had rigorously assessed the vaccine data and had cut no corners. U.S. and European Union regulators are sifting through the same Pfizer vaccine trial data, but have yet to give their approval. “I do have great faith in both the scientific community and the regulatory community in the UK,” Fauci said. “I did not mean to apply any sloppiness (to the UK regulatory process), even though it came out that way,” he added.
Persons: Anthony Fauci, Kevin Dietsch, Fauci, , , ” Fauci, Donald Trump, Joe Biden Organizations: Pfizer Inc, COVID, National Institute for Allergy, Washington , D.C, Britain, Medicines, Healthcare, Agency, Union, Pfizer, CBS, White Locations: Washington ,, British, U.S, Britain, United States
(Reuters) - Britain will pay individuals who suffer any severe side-effects from COVID-19 vaccines under an existing programme, the government said on Thursday, ahead of a rollout of Pfizer and BioNTech’s vaccine in the country following emergency approval. A man wearing a protective mask uses a phone at a bus stop, amidst the spread of the coronavirus disease (COVID-19), in London, Britain December 3, 2020. REUTERS/Henry NichollsCOVID-19 will be added as a "precautionary step" to the list of diseases covered for potential liabilities under the Vaccine Damage Payments Scheme (VDPS), the Department of Health and Social Care said. It would be much better if the government set up a bespoke scheme for COVID-19,” said Duncan Fairgrieve, of the British Institute of International and Comparative Law. Britain said it would continue to monitor the safety of Pfizer and BioNTech’s vaccine after the country on Wednesday became the first in the Western world to approve a COVID-19 vaccine.
Persons: Henry Nicholls COVID, Britain's VDPS, , Duncan Fairgrieve Organizations: Reuters, Pfizer, REUTERS, Department of Health, Social Care, British Institute of International, Comparative Law, Wednesday, European Union Locations: Britain, COVID, London
This moment mirrors what Hong Khaou, who wrote and directed the British film, felt when he went back to Vietnam for the first time. Khaou is Cambodian, but his first memories are of Vietnam, where he lived for the first eight years of his life. And most of it is rooted in trauma from the war, which is what Khaou wanted to avoid for his film. I really didn't want to do that.”That’s also why there are no white characters in “Monsoon.”It’s personal for the director. “Recently, there's been a lot of really big, successful films that are talking about gay characters who carry the trauma ... of gay characters.
Persons: Kit, Henry Golding, Rich, Khaou, , ” Khaou, , ” That’s, Pol Pot, didn’t, Golding, Henry, he's, Lewis, Parker Sawyers, Barack Obama, wasn’t, there's, it’s Organizations: NBC Asian, NBC, Facebook, Twitter Locations: Chi Minh, British, Vietnam, Saigon, NBC Asian America, England, American, Cambodia, Khmer, West, , America
Biden says he'll publicly get a COVID-19 vaccine, keep Fauci
  + stars: | 2020-12-03 | by ( Trevor Hunnicutt | ) www.reuters.com + 0.00   time to read: +5 min
REUTERS/Leah Millis“People have lost faith in the ability of the vaccine to work,” Biden told CNN in an interview that aired on Thursday. In the interview, Biden said he asked Fauci to stay on as a chief medical adviser. U.S. deaths from the coronavirus pandemic have surged past 2,000 for two days in a row as the most dangerous season of the year approaches. CORONAVIRUS TEAMIn the CNN interview, Biden said that as president, he will order masks to be worn in federal buildings and transportation hubs. Biden’s remarks on taking a vaccine after three former presidents - Bill Clinton, George W. Bush and Barack Obama - said they would publicly get the coronavirus vaccine as a way to demonstrate its safety.
Persons: Joe Biden, Anthony Fauci, Leah Millis, ” Biden, Fauci, Donald Trump’s coronavirus, Biden, Kamala Harris, , “ They’re, ” Trump, Trump, he’s, Fauci’s, Biden’s, Bill Clinton, George W, Bush, Barack Obama, Obama, Jeffrey Zients, Vivek Murthy, Marcella Nunez, Smith, Zients, Brian Deese Organizations: REUTERS, CNN, National Institute of Allergy, U.S . Senate, Republican National, Pfizer, U.S . Food, Drug Administration, CBS News, BBC, TEAM, Reuters, Politico, National Economic Council, Wisconsin’s Locations: WILMINGTON, Del, Wilmington , Delaware, U.S, Britain, United States, British, America
Divers discover Nazi WW2 enigma machine in Baltic Sea
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
BERLIN (Reuters) - German divers searching the Baltic Sea for discarded fishing nets have stumbled upon a rare Enigma cipher machine used by the Nazi military during World War Two which they believe was thrown overboard from a scuttled submarine. FILE PHOTO: An actor dressed as a German soldier shows the use of the Enigma machine in Bletchley Park Museum in Bletchley, central England, September 6, 2006. But I never dreamt that we would one day find one of the legendary Enigma machines,” said Huber. Overall, Germans sank more than 200 of their submarines in the North and Baltic Seas at the end of the war. The Enigma device, which looks like a typewriter, consisted of a keyboard and wheels which scrambled messages.
Persons: Alessia, Florian Huber, “ I’ve, , Huber, Alan Turing, Germany’s Organizations: BERLIN, Nazi, Bletchley Park Museum, REUTERS, Bletchley, WWF Locations: German, Bletchley, England, Gelting, British, Gelting Bay, Danish, Kiel, North, Baltic, Schleswig
(Reuters) - U.S. President-elect Joe Biden said on Thursday he would publicly take a coronavirus vaccine to demonstrate its safety to the public and pledged to retain the nation’s top adviser on the pandemic, Anthony Fauci, when he takes office next month. REUTERS/Joshua Roberts/File Photo“People have lost faith in the ability of the vaccine to work,” Biden told CNN in an interview set to air later on Thursday. U.S. deaths from the coronavirus pandemic have surged past 2,000 for two days in a row as the most dangerous season of the year approaches. CORONAVIRUS TEAMBiden’s remarks to CNN came after three former presidents - Bill Clinton, George W. Bush and Barack Obama - said they would publicly get the coronavirus vaccine as a way to demonstrate its safety. As part of his response effort, Biden will tap former Obama administration official Jeffrey Zients as his White House coronavirus coordinator, a Biden ally told Reuters.
Persons: Joe Biden, Anthony Fauci, Joshua Roberts, ” Biden, Fauci, Donald Trump’s coronavirus, Biden, Trump, Fauci’s, , Bill Clinton, George W, Bush, Barack Obama, Obama, Jeffrey Zients, Vivek Murthy, Marcella Nunez, Smith, Biden’s, Zients, Brian Deese Organizations: REUTERS, CNN, National Institute of Allergy, Republican National, Pfizer, U.S . Food, Drug Administration, CBS News, BBC, Reuters, Politico, National Economic Council, Wisconsin’s Locations: WILMINGTON, Del, Wilmington , Delaware, U.S, Britain, United States, British, America
Data sharing confusion four weeks before Brexit completes
  + stars: | 2020-12-03 | by ( Gabriela Baczynska | ) www.reuters.com + 0.00   time to read: +3 min
FILE PHOTO: A British Union Jack flag flutters outside the European Parliament in Brussels, Belgium January 30, 2020. As talks go down to the wire, options range from upholding free commerce and other cooperation to an abrupt split. If there is an agreement, Britain’s data access would still be reduced, but by how much remains unclear. But that would not come into effect if they fail to agree on a new free trade deal and end up with a rupturous end to the years-long Brexit crisis. Britain’s mission to the EU hub Brussels had no comment, saying negotiations between London and the bloc were ongoing.
Persons: Francois Lenoir, Theresa May, Ben Rapp, , Rapp Organizations: REUTERS, European Union, EU, police Locations: BRUSSELS, Jack, Brussels, Belgium, Britain, Schengen, PRUM, Europol, Eurojust, France, Austria, British, EU, London, Europe
EU regulators talking to UK about Pfizer vaccine, WHO expert says
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
A person gets a dose of the coronavirus disease (COVID-19) vaccination of BioNTech and Pfizer in this undated handout photo, as Britain became the first western country to approve a COVID-19 vaccine, in Mainz, Germany. BioNTech SE 2020, all rights reserved/Handout via REUTERSGENEVA (Reuters) - EU regulators have reached out to their British counterparts to share information from their review of Pfizer Inc’s COVID-19 vaccine, a WHO medical expert said on Thursday. Britain approved the vaccine on Wednesday, jumping ahead of the rest of the world in the race to begin the most crucial mass inoculation programme in history. Prime Minister Boris Johnson touted the green light from Britain’s medicine authority as a global win though he recognised the logistical challenges of vaccinating an entire country of 67 million. U.S. and EU regulators are sifting through the same Pfizer vaccine trial data, but have yet to give their approval.
Persons: Pfizer Inc’s, Boris Johnson Organizations: Pfizer, BioNTech, REUTERS GENEVA, British, Pfizer Inc’s COVID Locations: Britain, Mainz, Germany
FILE PHOTO: Iran's Foreign Minister Mohammad Javad Zarif speaks at the presidential palace in Baabda, Lebanon August 14, 2020. Dalati Nohra/Handout via REUTERS/File PhotoROME (Reuters) - Iran is ready to engage in further prisoner swaps after last week exchanging a jailed British-Australian academic with three Iranians detained abroad, Iranian Foreign Minister Mohammad Javad Zarif said on Thursday. “We can always engage in that, it is in the interests of everybody,” Zarif told an Italian diplomatic conference speaking via video-link. “Iran is ready to reciprocate. He said that if the U.S. honoured its original commitments, Tehran would show full compliance with the pact.
Persons: Mohammad Javad Zarif, Dalati, , ” Zarif, Donald Trump Organizations: REUTERS, Iranian Locations: Baabda, Lebanon, Handout, ROME, Iran, British, Italian, United States, U.S, Tehran
Iran open to further prisoner swaps - foreign minister
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
Slideshow ( 2 images )ROME (Reuters) - Iran is ready to engage in further prisoner swaps after last week exchanging a jailed British-Australian academic with three Iranians detained abroad, Iranian Foreign Minister Mohammad Javad Zarif said on Thursday. “We can always engage in that, it is in the interests of everybody,” Zarif told an Italian diplomatic conference speaking via video-link. “Iran is ready to reciprocate. Rights activists have accused Iran of using them as bargaining chips, something Tehran denies. Asked if the world could expect more swaps, he said: “I can tell you categorically that yes we can.
Persons: Mohammad Javad Zarif, , ” Zarif, Kylie Moore, Gilbert, Zarif, Organizations: Iranian, University of Melbourne, Revolutionary Guards Locations: ROME, Iran, British, Italian, Middle East, Thailand, Tehran
LONDON (Reuters) - Sainsbury’s, Asda and Aldi will forgo UK property tax relief during the pandemic, following rivals Tesco and Morrisons and taking the total saved by the government from supermarket groups to 1.74 billion pounds ($2.34 billion). REUTERS/Neil Hall/File PhotoSainsbury’s said on Thursday it would now pay 440 million pounds ($591 million) of so called business rates, while Walmart owned Asda will pay 340 million pounds and German-owned Aldi will pay 100 million pounds. Morrisons followed, saying it would pay 274 million pounds. Taking account of the business rates it will now pay, Sainsbury’s forecast underlying pretax profit of at least 270 million pounds in its 2020-21 year, and over 586 million pounds in 2021-22. Sainsbury’s also repeated its call for the government to review the business rates system to create a more level playing field between physical and online retailers.
Persons: Neil Hall, Sainsbury’s, Tesco, Simon Roberts, Roger Burnley, Ken Murphy, , Murphy, Discounters, John Lewis, Boris Johnson Organizations: Asda, Aldi, Tesco, Morrisons, REUTERS, Walmart, Sky News, Waitrose, John, John Lewis Partnership, British Locations: London, Britain, England, Sainsbury’s
UK food retailers hand back $2.4 billion in property tax relief
  + stars: | 2020-12-03 | by ( James Davey | ) www.reuters.com + 0.00   time to read: +3 min
LONDON (Reuters) - Sainsbury’s, Asda, Aldi and B&M will forgo UK property tax relief during the pandemic, following rivals Tesco and Morrisons and taking the total recouped by the government from retailers to 1.8 billion pounds ($2.4 billion). REUTERS/Neil Hall/File PhotoBritain’s supermarket groups have seen sales soar during the pandemic, but have been criticised by lawmakers and media for paying shareholder dividends while receiving tax relief. Sainsbury’s said on Thursday it would now pay 440 million pounds of so-called business rates, while Walmart owned Asda will pay 340 million pounds and German-owned Aldi will pay 100 million pounds. Discounter B&M later said it would forego business rates relief worth around 80 million pounds in its current financial year. “With regional restrictions likely to remain in place for some time, we believe it is now fair and right to forgo the business rates relief,” CEO Simon Roberts said.
Persons: Neil Hall, Sainsbury’s, Tesco, Simon Roberts, Roger Burnley, Ken Murphy, , Murphy, discounter Lidl, John Lewis, Boris Johnson Organizations: Aldi, Tesco, Morrisons, REUTERS, Walmart, Asda, Sky News, Waitrose, John, John Lewis Partnership, British Locations: Asda, London, Britain, England
Good progress being made on Brexit trade deal, British minister says
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: Britain's Secretary of State for Education Gavin Williamson attends a Cabinet meeting of senior government ministers at the Foreign and Commonwealth Office (FCO) in London, Britain, September 1, 2020. REUTERS/Toby Melville/PoolLONDON (Reuters) - Good progress is being made by Britain and the European Union in Brexit trade negotiations but Prime Minister Boris Johnson’s government will not sign up to a deal that is not in Britain’s interest, Education Secretary Gavin Williamson said on Thursday. “We always expect negotiations to go up to the wire, it’s a very typical situation when you’re having a negotiation with the European Union,” Williamson told Sky. “I’m confident from what I hear that progress, good progress is being made but we’re going to do a deal that is right for Britain, if such a deal is available,” he said. “If such a deal isn’t available then we’re not going to sign up to something that is to our detriment.”
Persons: Education Gavin Williamson, Toby Melville, Boris Johnson’s, Gavin Williamson, , ” Williamson, Sky, Organizations: State, Education, Foreign and Commonwealth Office, REUTERS, European Union Locations: London, Britain, Brexit
'Good chance' of Brexit trade deal within days, Ireland says
  + stars: | 2020-12-03 | by ( Conor Humphries | ) www.reuters.com + 0.00   time to read: +2 min
DUBLIN (Reuters) - There is a good chance that the European Union and Britain could strike a Brexit trade deal within days, Ireland said on Thursday, as the two sides race to avoid a turbulent climax to the Brexit divorce in less than four weeks. And I believe if we do that, there’s a good chance that we can get a deal across the line in the next few days,” Irish Foreign Minister Simon Coveney told Ireland’s Newstalk Radio. British Education Secretary Gavin Williamson said good progress was being made that but Prime Minister Boris Johnson’s government will not sign up to a deal that is not in Britain’s interest. “I’m confident from what I hear that progress, good progress is being made but we’re going to do a deal that is right for Britain, if such a deal is available,” Williamson told Sky. An agreement means “finding a way to get a fair deal for both sides on fisheries, which has proven really, really difficult,” he said, adding that fair competition and governance were the two other main issues left.
Persons: Ireland, Education Gavin Williamson, Toby Melville, , Michel Barnier, Simon Coveney, , Gavin Williamson, Boris Johnson’s, ” Williamson, Sky, ” Ireland’s Coveney, ” Coveney Organizations: DUBLIN, Reuters, European Union, State, Education, Foreign and Commonwealth Office, REUTERS, Newstalk, British Locations: Britain, London, United Kingdom, Europe, British
BRUSSELS (Reuters) - Significant gaps remain on three main issues at negotiations on a post-Brexit trade deal between Britain and the European Union, and the outcome of the talks is still uncertain, EU officials said on Thursday. FILE PHOTO: A British Union Jack flag flutters outside the European Parliament in Brussels, Belgium January 30, 2020. ONLY “A DEAL THAT IS RIGHT”Irish Foreign Minister Simon Coveney said he hoped for a deal in the next few days. Several EU sources said the next 24-48 hours would be crucial to whether a deal can be agreed. The chamber is also introducing new legislation next week that is widely expected to contain more provisions that overrule parts of the EU exit deal relating to Northern Ireland.
Persons: Francois Lenoir, Rynck, Michel Barnier’s, Boris Johnson’s, , ” de Rynck, , “ We’ve, Simon Coveney, Gavin Williamson, we’re Organizations: European Union, REUTERS, British, EU, Irish, Sky Locations: BRUSSELS, Britain, Jack, Brussels, Belgium, London, Belgian, EU, France, Netherlands, United Kingdom, Northern Ireland
FILE PHOTO: A British Union Jack flag flutters outside the European Parliament in Brussels, Belgium January 30, 2020. A senior British government source said the prospect of a breakthrough in the next few days was receding. The two are trying to agree rules to govern nearly $1 trillion in annual trade after Britain leaves the EU’s orbit on Dec. 31. The UK chamber is also introducing new legislation next week that is widely expected to contain more provisions that overrule parts of London’s January EU withdrawal agreement deal relating to Northern Ireland. Irish Foreign Minister Simon Coveney said he hoped for a new trade agreement in the next few days.
Persons: Francois Lenoir, Michel Barnier, de Rynck, , “ We’ve, David Frost, Simon Coveney, Gavin Williamson, we’re Organizations: LONDON, European Union, REUTERS, EU, British, Northern Ireland . Irish, Sky Locations: BRUSSELS, Jack, Brussels, Belgium, Britain, London, Belgian, EU, London’s, Northern Ireland
REUTERS/Francois Lenoir/File PhotoSome EU envoys said earlier on Thursday that they were hopeful that a deal could be secured in days and a British minister reported “good progress”. But the British minister also said any deal “must be right” for Britain and one EU envoy later said substantial differences remained at talks. “We are not hours away from a deal, what we still need to agree is quite substantial,” said the EU diplomat. But in a move that could further undermine the trade talks, Britain’s lower house of parliament is set next week to discuss legislation that would breach Britain’s Brexit withdrawal treaty. They could either approve a deal or advance contingency plans to prepare for the impact of no deal being reached.
Persons: Francois Lenoir, , “ We’ve, Gavin Williamson, Sky, Michel Barnier, Britain’s David Frost Organizations: European Union, REUTERS, EU Locations: BRUSSELS, London, EU, Jack, Brussels, Belgium, British, Britain, France, Netherlands, United Kingdom
Hong Kong media tycoon Jimmy Lai denied bail after fraud charge
  + stars: | 2020-12-03 | by ( Clare Jim | ) www.reuters.com + 0.00   time to read: +3 min
HONG KONG (Reuters) - Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid. FILE PHOTO: Media mogul Jimmy Lai Chee-ying, founder of Apple Daily, reports to the police station after he was released on bail following his arrest under the national security law in Hong Kong, China December 2, 2020. It’s Beijing’s policing brought to Hong Kong,” Mark Simon, an associate of Lai, told Reuters. Hong Kong police later said they had arrested nine men and one woman for suspected offences including “collusion with a foreign country/external elements to endanger national security, conspiracy to defraud” and others. Suspicion of colluding with foreign forces carries a maximum sentence of life in jail under the new security law.
Persons: Jimmy Lai, Jimmy Lai Chee, Lam, Lai, Joshua Wong, Jimmy, ” Mark Simon, swooped, , Mike Pompeo Organizations: Reuters, Apple, Apple Daily, REUTERS, Hong Locations: HONG KONG, Hong Kong, China, Beijing, British, Lai, Washington
Hong Kong media tycoon Jimmy Lai in custody after fraud charge
  + stars: | 2020-12-03 | by ( Clare Jim | ) www.reuters.com + 0.00   time to read: +3 min
HONG KONG (Reuters) - Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid. Media mogul Jimmy Lai Chee-ying, founder of Apple Daily, reports to the police station after he was released on bail following his arrest under the national security law in Hong Kong, China December 2, 2020. It’s Beijing’s policing brought to Hong Kong,” Mark Simon, an associate of Lai, told Reuters. An ardent critic of Beijing, Lai has been detained since Wednesday after reporting to the police for his arrest in August. Suspicion of colluding with foreign forces carries a maximum sentence of life in jail under the new security law.
Persons: Jimmy Lai, Jimmy Lai Chee, Joshua Wong, Lai, Jimmy, ” Mark Simon, Prosecutors, swooped, , Mike Pompeo Organizations: Reuters, Apple, . Media, Apple Daily, REUTERS, Hong Locations: HONG KONG, Hong Kong, China, Lam, Beijing, British, Lai, Washington
Meng’s lawyers have argued that the extradition should be thrown out in part because the case against her in the United States is tainted by political interference, pointing to comments from Trump about her extradition. She was arrested in December 2018 on a warrant from the United States. The prosecutors are set make the request in the British Columbia Supreme Court on Monday, when witness testimony in the case resumes. Prosecutors have accused Meng’s lawyers of trying to litigate the case against her in the United States in the Canadian court, which Meng’s lawyers have denied. The extradition case is scheduled to wrap up in April 2021, although the potential for appeals on either side means the case could drag on for years.
Persons: Meng, Michael Gottlieb, Barack Obama, Donald Trump, Trump, Gottlieb, Willkie Farr, Gallagher Organizations: TORONTO, Huawei, HSBC, Huawei Technologies, British Columbia, Gallagher LLP Locations: U.S, White, China, United States, Iran, Vancouver, Canadian, British, Washington
LONDON (Reuters) - For Big Oil, coffee and chocolate could be the new black gold. Europe’s big oil firms, however, have another card to play: their vast global networks of filling stations. While the so-called marketing operations of big oil firms - retail sales of fuel, lubricants, groceries and TV dinners - usually contribute a smaller slice of profits than oil and gas production, they typically have higher margins. Total’s Chief Financial Officer Jean-Pierre Sbraire told investors in October that retail sales in Europe were back at pre-pandemic levels in the third quarter, even though fuel sales remained very weak. “Retail is the only thing in the oil and gas value chain that gets you closer to the customer.
Persons: Regis, Huibert, , Emma Delaney, Jean, Pierre Sbraire, Delaney, BP’s, Shell, Vigeveno, Mirko Rubeis, ” Delaney, Spencer, Jamie Oliver, Uber, Shell’s Vigeveno, , Boston Consulting Group’s, ” Rubeis Organizations: REUTERS, Royal, Shell, EV, Shell . U.S, Walmart, BP, Reuters, Boston Consulting Group, Tesco, Boston Consulting Locations: Latresne, Bordeaux, France, Europe, Shell ., , China, Britain, British, United States, Carrefour
Hong Kong media tycoon Jimmy Lai denied bail on fraud charge
  + stars: | 2020-12-03 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
Hong Kong pro-democracy media mogul Jimmy Lai arrives at the West Kowloon court in Hong Kong on September 3, 2020. Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city. Hong Kong police said in a statement Wednesday that it had arrested three men on charges of fraud, without naming them. It also said that one of them had been suspected of violating the national security law, and that it was still under investigation. The British government had slammed Lai's August arrest and said the security law was being used to crush dissent.
Persons: Jimmy Lai, Lai, Lai's, Hong Kong's Organizations: Apple Daily, Hong, Next, Hong Kong Locations: Hong Kong, Kowloon, Hong, Beijing, British, China
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