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Top related persons:
— - 1 Chris Bryant - 1 Nora Naughton - 1 Sherry House - 1 PIF - 1 Lucid - 1
Top related locs:
Saudi Saudi Arabia
Top related orgs:
Lucid Motors - 1 Bloomberg - 1 Service - 1 Public Investment Fund - 1 EV - 1

Search resuls for: "Chris Bryant"


4 mentions found


☆ Saudi Arabia's stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says
  + stars: | 2023-11-11 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +2 min
Saudi Arabia's sovereign fund has a 60% stake in Lucid Motors, an EV startup. Months after the company went public, the stake was valued at more than $55B, per Bloomberg. That value dropped about 90% to $5.4 billion as Lucid reports millions in net loss. The steep drop in the value of Saudi's stake coincides with Lucid's latest quarterly earnings. In 2018, PIF invested $1.3 billion in Lucid, and it seems the Saudis have more considerable expectations for the EV company.
Persons: —, Chris Bryant, Nora Naughton, Sherry House, PIF, Lucid Organizations: Lucid Motors, Bloomberg, Service, Public Investment Fund, EV Locations: Saudi, Saudi Arabia
☆ At Charles’s Coronation, Everything Olde Was New Again
  + stars: | 2023-05-07 | by ( Sarah Lyall | ) www.nytimes.com   time to read: +1 min
The coronation of King Charles III was billed as a chance to usher in a new kind of monarchy — slimmer, more accessible and more inclusive — for the 21st century. Though Saturday’s ceremony had its share of modern flourishes, it was hard to escape the sense that they were mostly tweaks to an ancient ritual which, like the monarchy itself, can’t escape the heavy burdens of the past. As it happened, the coronation was a huge success by most measures. King Charles looked burdened, and then relieved, by the responsibility of it all; Queen Camilla looked radiant. “The Penny is mightier than the sword,” Chris Bryant, a Labour member of Parliament, tweeted.)
☆ UK police face backlash over handling of anti-monarchy protests during coronation
  + stars: | 2023-05-07 | by ( Sophie Tanno | ) edition.cnn.com   time to read: +4 min
It comes after the much-maligned Metropolitan Police force faced criticism for what many said was a heavy-handed approach toward demonstrators. Frazer said the police were tasked with balancing people’s right to protest with overseeing an international event on the world stage. Anti-monarchy protesters demonstrate near the procession route for Britain's King Charles III coronation in London on Saturday. Republic, Britain’s largest anti-monarchy group, told CNN Saturday that police – without providing any reason – arrested organizers of the anti-monarchy protest. A member of the public attends a "Rally For A Republic - Not My King" anti-monarchy rally on Calton Hill in Edinburgh on Saturday.
☆ Liz Truss resigned after six weeks in office. What happens now?
  + stars: | 2022-10-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com   time to read: +9 min
LONDON — Her tenure as Britain’s prime minister began in the early days of fall, but it didn’t even last until winter. The plan was criticized not only by the opposing Labour Party, but also President Joe Biden and the International Monetary Fund. Chancellor of the Exchequer Kwasi Kwarteng and British Prime Minister Liz Truss attend the annual Conservative Party conference on Oct. 2. Truss told Parliament on Wednesday, “I am a fighter, not a quitter,” after repeatedly being told she was unfit for office by opposition lawmakers. Under an expedited process, leadership challengers must win the support of 100 fellow Conservative Party lawmakers (out of a total of 357) by Monday afternoon.
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