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☆ How generative AI's uncomfortable relationship with copyright law will determine the future of the industry
▼ + stars: | 2023-11-01 | by ( Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Rights holders argue that AI using their work without a license should be considered "unauthorized derivative work" — an infringement of copyright law. Meanwhile, AI startups insist that their models comply with fair-use doctrine, which grants them some leeway to others' works. This month, Universal Music Group sued the AI startup Athropic for circulating copyrighted lyrics. He believes that future regulations may explicitly forbid AI data scraping. "They can train models on data that's not universally available to customers, and tell them it's licensed and compliant."

Persons: Eva Toorenent, who's, that's, Simon Menashy, Menashy, Ekaterina Almasque, OpenOcean Almasque, Getty, Sunny Dhillon, Harvey, Horowitz, Andre Retterath, GDPR, CCPA, Taylor, Swift Organizations: Universal Music Group, Getty, Harvard Business, MMC Ventures, Kyber Knight Capital, Nvidia, Earlybird Venture Locations: what's, Europe

☆ Tyler Christopher, ‘General Hospital’ actor, dead at 50
▼ + stars: | 2023-10-31 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

Tyler Christopher, an actor known for his roles on “General Hospital” and “Days of Our Lives,” has died. Christopher’s representative Chi Muoi Lo told CNN in a statement that the actor died Tuesday morning. In a 2017 interview with Soap Opera Digest, the actor said he’d left “General Hospital” to take a “personal leave,” and ultimately did not end up returning to the show. Outside of his celebrated career as an actor, Christopher dealt with various hardships toward the end of his life. In May, the actor was arrested at the Hollywood-Burbank airport on suspicion of public intoxication, according to the LA Times.

Persons: Tyler Christopher, ”, Chi Muoi Lo, Christopher’s, Maurice Bernard, “ Tyler, ” “ Tyler, Christopher, Brienne Pedigo, Eva Longoria, Nikolas Cassadine, Cassadine, he’d, Stefan DiMera, ” Bernard, “ Organizations: “, CNN, ESPN, Soap Opera, NBC, Bloomberg Law, Hollywood, LA Times Locations: Burbank

☆ ‘We lost control of who we were.’ Why Phillip Lim’s return to fashion matters
▼ + stars: | 2023-10-30 | by ( Alex Rees | ) edition.cnn.com time to read: +16 min

(CNN) — The tears were flowing backstage at Phillip Lim’s latest runway show, as the fashion designer made has return to the New York Fashion Week last month after four years away. CNN: Did planning your return to New York Fashion Week take you back to when you launched 3.1 Phillip Lim in the first place? Models pose during the presentation of 3.1 Phillip Lim's Fall-Winter 2006 collection at New York Fashion Week on February 4, 2006. JP Yim/WireImage/Getty ImagesZhou: 3.1 Phillip Lim was founded on the idea of ‘why not?’Phillip and I were both 31-years-old. Does 3.1 Phillip Lim have that roadmap right now, or is the ‘second act’ still being written?

Persons: Phillip Lim’s, Lim, ”, Phillip Lim, Wen Zhou, Madison McGaw, Phillip Lim’s “, Zhou, it’s, ” Phillip Lim “, ” Lim, ‘, I’m, let’s, couldn’t, Phillip Lim's, JP Yim, ’ Phillip, Phillip, we’d, It’s, Ezra J, William, Tina Leung, Prabal Gurung, Laura Kim —, Slay, Eva Chen, Dimitrios Kambouris, Phillip Lim CNN, Liya Kebede, Liya, Phillip Lim Spring, Victor Virgile, ’, I’ll, You’ve, John Nacion, —, Sou Lai, That’s what’s Organizations: CNN, New York, titans, Zhou, Pacific Islanders, Getty, Sou Lai CNN Locations: New York, New, New York City

☆ Is your hotel sustainable? Not if these two things are in your room, says Soneva’s founder
▼ + stars: | 2023-10-30 | by ( Monica Pitrelli | Harriet Akinyi | ) www.cnbc.com time to read: +5 min

A quick-and-easy test is to look for two items, said Sonu Shivdasani, founder of Soneva and Six Senses hotel brands. First, sustainable hotels should not have branded water of any sort, he told CNBC Travel. "Governments can create the context, but businesses need to make the change," Shivdasani told CNBC Travel. Source: SonevaShivdasani said he decided to institute a guest environmental levy after the company measured its "scope 3" emissions. Shivdasani said that after Soneva determined that 85% of its carbon emissions were "scope 3" emissions, the company introduced the 2% carbon levy.

Persons: Sonu Shivdasani, Soneva, Shivdasani, that's, It's, it's, Eva, Soneva Shivdasani, Kelvin Law Organizations: CNBC Travel, Nanyang Technological University, CNA, Soneva, World Health Organization Locations: Maldives, Thailand, British, India, Myanmar, Darfur, Sudan

☆ Abercrombie & Fitch lawsuit: Fashion brand sued over sex trafficking accusations
▼ + stars: | 2023-10-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

New York CNN —Dozens of men have filed a class action lawsuit alleging Abercrombie & Fitch was complicit in a decade-long sex trafficking scheme carried out by the fashion company’s former CEO. The lawsuit states that, in a series of instances, one aspiring model was invited to multiple Abercrombie & Fitch casting events in New York, France and London, and was sexually assaulted at least seven times at these events. “Sexual exploitation does not discriminate based on gender,” Henderson told CNN in a statement. The courtroom is where we will deal with this matter,” Jeffries’ attorney Brian Bieber told CNN. Days after the BBC report, Abercrombie & Fitch said it had launched its own investigation into the allegations.

Persons: Abercrombie, Fitch, Michael Jeffries, “, Jeffries, ” Abercrombie, ”, Brittany Henderson, ” Henderson, Abercrombie &, Mr, ” Jeffries, Brian Bieber, Jeffries ’, Matthew Smith, Smith, ” Bieber, Jefferies, “ Abercrombie, Parija Kavilanz Organizations: New, New York CNN, CNN, Abercrombie, Fitch, Abercrombie & Fitch, BBC Locations: New York, France, London, Abercrombie

☆ Best Buy recalls nearly 1 million Insignia pressure cookers over burn risks
▼ + stars: | 2023-10-27 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Best Buy is recalling nearly a million pressure cookers because they pose burn risks. About 930,000 Insignia Multi-Function pressure cookers sold between October 2017 and June 2023 have inaccurate volume markings, meaning that some users may fill them beyond their intended capacity, the US Consumer Product Safety Commission said in a post Thursday. In the United States, Best Buy has received 17 complaints of burn injuries from these appliances, some of which were second-degree and other severe burns, according to the CPSC. “Nothing is more important to us than our customers’ safety,” Best Buy told CNN in a statement. Affected customer should contact Best Buy for a free replacement of the inner pot, as well as a new valve that signals when the pot is locked and pressurized.

Persons: ”, “ Organizations: New, New York CNN, US Consumer Product Safety, CNN Locations: New York, United States, Canada

☆ ‘The Great Gatsby’ Review: A Musical Take on Tragic Desire
▼ + stars: | 2023-10-26 | by ( Brittani Samuel | ) www.nytimes.com time to read: +1 min

F. Scott Fitzgerald’s “The Great Gatsby” requires no critical endorsement. His slim 1925 novel still takes up permanent residence in the book bags of students across the nation. “The Great Gatsby,” now playing at the Paper Mill Playhouse in Millburn, N.J., replicates its literary prototype. Jay Gatsby (Jeremy Jordan) is the elusive seigneur of a mansion in West Egg, a fictional Long Island town. Though the musical remains largely faithful to that plot, Kait Kerrigan, the book writer, takes liberties with the point of view.

Persons: Scott Fitzgerald’s “, ”, Jay Gatsby, Jeremy Jordan, Eva Noblezada, Tom Buchanan, John Zdrojeski, Nick Carraway, Noah J, Ricketts, Daisy, Kait Kerrigan, Nick Organizations: Metropolitan Museum of Art Locations: Millburn , N.J, West, Manhasset Bay, New York

☆ UK extends deadline on in-depth probe into Adobe's $20 bln deal for Figma
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Figurines are seen in front of displayed Adobe logo in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 25 (Reuters) - Britain's competition regulator, on Wednesday, extended by eight weeks the deadline to complete its in-depth probe into Photoshop owner Adobe Inc's (ADBE.O) $20 billion buyout of cloud-based designer platform Figma, to February 2024. The CMA now has until Feb. 25 to conclude its investigation, compared to the earlier deadline of Dec. 27. In September 2022, Adobe announced a cash-and-stock deal for Figma, the biggest buyout of a privately owned software startup. Reporting by Eva Mathews in Bengaluru; Editing by Sherry Jacob-Phillips and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Eva Mathews, Sherry Jacob, Phillips, Savio D'Souza Organizations: REUTERS, Adobe, Markets Authority, CMA, Figma, Zoom Video Communications, Airbnb Inc, Thomson Locations: Bengaluru

☆ Jewish peace activists across the US call for immediate ceasefire and justice for Palestinians
▼ + stars: | 2023-10-23 | by ( Alaa Elassar | ) edition.cnn.com time to read: +13 min

It is these lives that Wise and other Jewish American peace activists are mobilizing to save with their calls for an urgent ceasefire. Jewish Voice for Peace and IfNotNow organized a rally on Capitol Hill calling for a ceasefire in Gaza. Jewish peace activists carried the Palestinian flag and wore keffiyehs as they marched on Capitol Hill. Jewish peace activists embrace during a rally on Capitol Hill for a ceasefire in the Israel-Gaza war. Jewish Voice for Peace and IfNotNow believe that only by addressing these issues can peace ever be achieved between Israelis and Palestinians.

Persons: Rabbi Alissa Wise, “, ” Wise, ”, Wise, IfNotNow, Allison Bailey, Sonya Meyerson, Joe Biden, Israel –, Benjamin Netanyahu, Yoav Gallant, Eva Borgwardt, ‘, Rabbi Wise, ’, We’re, it’s, Alex Wong, ” Borgwardt, Jonathan Greenblatt, –, Meredith Weisel, ” Weisel, Rather, It’s, I’m, Will Oliver, Shutterstock, Biden, Chip Somodevilla, ” That’s, Knox, Israel, they’re Organizations: CNN, Palestinian Ministry of Health, United Nation’s Office, Humanitarian Affairs, Jewish Voice, Peace, Israel Defense Forces, Capitol, Jewish, Getty, Israel, Defamation League, DC, Congress, ”, West Bank, World Health Organization Locations: Gaza, Israel, Knox, United States, “, Palestine, British, Egypt, Jordan, Syria

☆ Panera faces lawsuit over ‘Charged Lemonade’ energy drink after 21-year-old’s death
▼ + stars: | 2023-10-23 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

Panera’s “Charged Lemonade” includes sugar, caffeine, coffee extract and guarana extract, which are both sources of caffeine. However, Katz was “reasonably confident it was a traditional lemonade and/or electrolyte sports drink containing a reasonable amount of caffeine safe for her to drink,” the lawsuit says, adding that Panera misled consumers by not properly labeling “Charged Lemonade” as an energy drink in stores. “Instead, Defendants market, advertise, and sell Panera Charged Lemonade as a product that is ‘Plant-based and Clean with as much caffeine as our Dark Roast Coffee,’” the lawsuit reads. However, in their stores, Panera does “not specify what size of Panera Dark Roast coffee is akin to a Panera Charged Lemonade,” making the comparison vague and “unhelpful.”Online, Panera says its “Charged Lemonade” has a comparable amount of caffeine to its Dark Roast coffee. “It’s a dangerous energy drink and it’s not advertised that way.

Persons: ” Sarah Katz, Sarah Katz, ” Panera, Katz, Panera, Elizabeth Crawford, Crawford, “, ” Crawford, ” Organizations: CNN, Mayo Clinic, US Food and Drug Administration Locations: Philadelphia

☆ University early decision applications mostly benefit rich kids
▼ + stars: | 2023-10-22 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

For them, applying early decision is a risk. According to the latest data from the University of Pennsylvania, the acceptance rate for students applying early decision was 16% for the 2022-23 academic year. “Typically, we admit about half of the incoming class through the early decision admissions plan,” said a University of Pennsylvania spokesperson. That same Duke survey found that nearly half of early decision applicants identified as White. He said he considered applying early decision to Cornell University, but ultimately decided against it.

Persons: ”, “ It’s, Marcella Bombardieri, it’s, Rachel Rubin, “, Duke, Rubin, Sai Mandhan, Mandhan, It’s, he’s, ‘, Cornell … Organizations: CNN, Harvard, Ivy League, University of Pennsylvania, Center for American Progress, Duke University, Students, Georgetown University’s, Court, Yale, Notre Dame, Stanford, Yale University, Cornell University, Cornell, University of Maryland Locations: Maryland

☆ Web Summit CEO Paddy Cosgrave resigns after backlash to Israel-Hamas war comments
▼ + stars: | 2023-10-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company’s upcoming annual technology conference over his comments on the Israel-Hamas war. On Tuesday, Cosgrave posted a nearly 600-word statement on Web Summit’s blog to apologize and clarify his stance. A spokesperson for Web Summit told CNN that the company will appoint a new CEO as soon as possible. “Web Summit 2023 in Lisbon will go ahead as planned,” the spokesperson added. Cosgrave, 41, co-founded Web Summit in 2009 with David Kelly and Daire Hickey.

Persons: CNN — Paddy Cosgrave, ” Cosgrave, “, ”, Cosgrave, unreservedly, David Kelly, Daire Hickey Organizations: CNN, Web, Big Tech, Ministry of Health, Amnesty, Google, Siemens, Amazon, Web Summit Locations: Israel, Gaza, Geneva, Lisbon

In Los Angeles, Rabbi Sharon Brous, a well-known progressive activist who regularly criticizes the Israeli government, described from the pulpit her horror and feelings of “existential loneliness,” her voice breaking. From email listservs of progressive Jewish groups to protests on university campuses to social-media campaigns by prominent liberal Jewish celebrities like Sarah Silverman, the war is bringing to a head more than a decade of tensions about Israel on the American left. Interviews with dozens of liberal Jewish leaders and voters, and a review of social media posts, private emails and text chains of liberal Jewish groups, reveal a politically engaged swath of American Jewry who are reaching a breaking point. He sent hundreds of letters to Los Angeles city officials urging them to denounce the organization and label it a “hate group.” The D.S.A. Polling since the attacks indicates strong national backing for Israel, including a notable uptick in support among Democrats.

Persons: Rabbi Sharon Brous, ”, “, I’m, Sarah Silverman, Benjamin Netanyahu, Nick Melvoin, Rabbi Abraham Joshua Heschel, Martin Luther King Jr, Eric Spiegelman, Spiegelman, Biden, Trump, Israel, ” Eva Borgwardt, IfNotNow Organizations: West Bank, Democratic Party, New Israel Fund, Israel, Facebook, Jewish, Los Angeles Unified School Board, Democratic Socialists of America, Democratic, Younger, U.S, Capitol Locations: Gaza, Los Angeles, Atlanta, Israel, Angeles, Palestine, United States, America, New York City, American

☆ Thurston Moore’s Electrifying History Lesson
▼ + stars: | 2023-10-19 | by ( Mark Yarm | ) www.nytimes.com time to read: +3 min

“He and the band championed Beck, Mudhoney, Dinosaur Jr. and Nirvana” early on, he said. (She memorably howls her way through “Death Valley ’69,” Sonic Youth’s combustive first single, from 1984.) In October 2011, Sonic Youth’s label made the surprise announcement that Moore and Gordon had separated after 27 years of marriage. In the book, Moore shares a bare-bones version of what transpired — he had fallen in love with Eva Prinz, a book editor. If I got too much into that, that would be a critical focus, as it is with any memoir.

Persons: Dave Markey, ”, Thurston, ” Markey, Azerrad, Moore’s, Beck, “, ” Beck, Moore, “ He’s, Lydia Lunch, Jesus, Gordon, —, Eva Prinz, It’s, ” Moore, Gordon’s Organizations: Sonic Locations: Los Angeles, South America

SANTIAGO, Chile (AP) — Television crews at the Pan American Games had equipment stolen this week from the compound of Estadio Nacional, the site of Friday's opening ceremony, heightening concerns about crime at the tournament hosting over 6,800 athletes. A contractor, and not local police, was in charge of security at the Estadio Nacional compound when the incident took place. The Pan American Games, the largest multisport event in the Americas, are held one year before the Olympics. Police presence at Estadio Nacional was greater Thursday than at the beginning of the week. Organizers of the Pan American Games had previously told The Associated Press they had increased their attention in check points at the gates of every sporting venue.

Persons: Harold Mayne, Nicholls, “, ” Mayne, Gabriel Boric, Chile's goverment, Eva Vergara, ___ Organizations: — Television, Pan American Games, Estadio Nacional, Police, Associated Press Locations: SANTIAGO, Chile, Americas

☆ Whitbread's profits jump as Premier Inn-owner enjoys steady demand
▼ + stars: | 2023-10-18 | by ( Eva Mathews | ) www.reuters.com time to read: +2 min

Shares in the British company, originally a brewer, were up 3.5% to 3,437 pence by 0737 GMT to lead London's blue-chip (.FTSE) index. Leisure and business demand are showing signs of staying, Paul said, adding forward-booked revenue was ahead of last year. Whitbread, which owns restaurant chains such as Bar+Block Steakhouse and Brewers Fayre has also seen signs of food inflation easing. The company announced a further 300 million pound share buyback on Wednesday and proposed an interim dividend per share of 34.1 pence, up 40% on last year. ($1 = 0.8193 pounds)Reporting by Eva Mathews in Bengaluru; editing by Subhranshu Sahu and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Lee Smith, WTB.L, Dominic Paul, Paul, Whitbread, Hargreaves, Derren Nathan, Brewers Fayre, Eva Mathews, Subhranshu Sahu, Jason Neely Organizations: Premier Inn Hotel, Brewers, REUTERS, H1, Whitbread, Inn, Thomson Locations: Durham, County Durham, Britain, British, Germany, Bengaluru

☆ Huge increase in 'spear phishing' ever since ChatGPT's rise, says Japanese cybersecurity firm
▼ + stars: | 2023-10-17 | 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 EmailHuge increase in 'spear phishing' ever since ChatGPT's rise, says Japanese cybersecurity firmEva Chen, CEO of Trend Micro, discusses the challenges of tackling cyberattacks.

Persons: Eva Chen Organizations: Trend

☆ Slovakia's SMER party to sign agreement on forming new government on Monday
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

SMER-SSD party leader Robert Fico arrives to the party's headquarters, after the country's early parliamentary elections, in Bratislava, Slovakia, October 1, 2023. REUTERS/Eva Kornikova/File Photo Acquire Licensing RightsOct 16 (Reuters) - Slovakia's former Prime Minister Robert Fico and his SMER-SSD party will sign a coalition agreement to form a new government with the centre-left HLAS and nationalist SNS parties on Monday, SMER said. Fico, a three-time prime minister, won an election on Sept. 30 with pledges to halt military aid to Ukraine and criticism of sanctions on Russia. He struck a deal with the coalition parties last week and is expected to lead a new government. The coalition agreement was set to be signed at 1 p.m. (1100 GMT).

Persons: Robert Fico, Eva Kornikova, SMER, Jason Hovet, Alex Richardson Organizations: REUTERS, SNS, Thomson Locations: Bratislava, Slovakia, Ukraine, Russia, Prague

☆ Slovakia's populist ex-PM Fico seals coalition deal for new government
▼ + stars: | 2023-10-16 | by ( Jason Hovet | ) www.reuters.com time to read: +3 min

SMER-SSD party leader Robert Fico arrives to the party's headquarters, after the country's early parliamentary elections, in Bratislava, Slovakia, October 1, 2023. REUTERS/Eva Kornikova/File Photo Acquire Licensing RightsOct 16 (Reuters) - Slovak former prime minister Robert Fico and his party signed a coalition deal on Monday to form a new government expected to go slow on cutting high deficits and reduce support to neighbour Ukraine. Fico said his priorities would include boosting living standards and a foreign policy consistent with Slovakia's EU and NATO membership - but focused on protecting national interests. Fico has a tense relationship with Caputova, whom he has called a U.S. puppet acting as U.S. financier and philanthropist George Soros' proxy. Reporting by Jason Hovet in Prague; editing by Alex Richardson, Mark Heinrich and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Fico, Eva Kornikova, Viktor Orban, Zuzana Caputova, Fico, Caputova, George Soros, opposition's, Jason Hovet, Alex Richardson, Mark Heinrich, Tomasz Janowski Organizations: REUTERS, Ukraine, Hungarian, Kyiv, Democracy, Slovak National Party, European Union, NATO, EU, Thomson Locations: Bratislava, Slovakia, Slovak, Ukraine, Fico, U.S, Poland, Prague

☆ Apollo to take Wagamama owner Restaurant Group private for $623 mln
▼ + stars: | 2023-10-12 | by ( Eva Mathews | ) www.reuters.com time to read: +2 min

A sign of Wagamama restaurant is seen in London, Britain, October 5, 2020. Under the terms of the deal announced on Thursday, The Restaurant Group's (TRG) shareholders will get 65 pence in cash for each share held, a premium of about 34% to the stock's last closing price. Shares in the small cap constituent (.FTSC) jumped 37.1% to 66.5 pence, its highest percentage gain since April 2020. There has also been pressure from shareholders and activist investors Irenic Capital and Oasis Management in recent months to change management and improve profitability. Another analyst at Shore Capital said the offer price was "too low" given the company's efforts to improve margins and reduce leverage.

Persons: Hannah McKay, Ken Hanna, Benny's, Eva Mathews, Subhranshu Sahu, Elaine Hardcastle, Miral Organizations: REUTERS, Apollo, Irenic Capital, Oasis Management, Cafe, Shore Capital, Thomson Locations: London, Britain, TRG, Cafe Rouge, Bengaluru

The trial for the Cantlay/Harper case, which was set to begin on Nov. 13, will now be dismissed, GSK said, adding it had also settled three remaining breast cancer cases in California related to the same drug. The latest settlements in California were related to cases due to go to trial in November, with a further set scheduled to begin in Delaware courts in January, GSK said. The company still faces about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware. GSK did not admit any liability and said it would vigorously defend itself in any other Zantac cases. In June, GSK agreed to settle a similar lawsuit in California.

Persons: Harper, Brendan McDermid, Morgan, Jeffries, Zantac, Boehringer Ingelheim, Eva Mathews, Maggie Fick, Nivedita Bhattacharjee, Bernadette Baum, Louise Heavens, Emelia Organizations: pare, Citi, GSK, Reuters, REUTERS, Barclays, Pfizer, Sanofi, FDA, Thomson Locations: California, British, Delaware, United States, Arexvy, California . California, Bengaluru, London

REUTERS/Brendan McDermid/Illustration/File Photo Acquire Licensing RightsOct 11 (Reuters) - GSK (GSK.L) on Wednesday said it would confidentially settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused cancer, as the British drugmaker sought to end costly litigation. The latest settlements in California related to cases due to go to trial in November, with a further set scheduled to begin in Delaware courts in January, GSK said. The company still faces about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware. Late in June, the company agreed to settle a similar lawsuit with California resident James Goetz who alleged he developed bladder cancer after taking Zantac. The settlement could be read that GSK sees a risk that these Zantac cases are strong enough that the company might lose at trial, J.P Morgan added.

Persons: Brendan McDermid, Morgan, Harper, Zantac, Boehringer Ingelheim, James Goetz, J.P Morgan, Eva Mathews, Maggie Fick, Nivedita Bhattacharjee, Bernadette Baum Organizations: REUTERS, GSK, Citi, J.P, Pfizer, Sanofi, FDA, Thomson Locations: California, British, Delaware, United States, Bengaluru, London

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON/SHANGHAI Oct 9 (Reuters) - China's largest vaccines company Zhifei (300122.SZ) will pay British drugmaker GSK (GSK.L) 2.5 billion pounds ($3.05 billion pound) for the exclusive rights to distribute GSK's shingles vaccine in the world's No.2 pharmaceuticals market. The deal with Zhifei is part of its efforts to reach more 4 billion pounds ($4.88 billion) in sales by 2026, GSK said. Zhifei will purchase volumes of Shingrix with a value to GSK worth 2.5 billion pounds over an initial three-year period, GSK said. Zhifei shares were up as much as 20% to 58.40 yuan ($8.00) following the filing, their highest point since March 27. Shingrix is currently GSK's biggest product and strongest growth driver, taking in 1.71 billion pounds in first-half sales, up 20% from a year prior.

Persons: Dado Ruvic, Zhifei, Shingrix, Maggie Fick, Andrew Silver, Eva Mathews, Savio D'Souza, Louise Heavens Organizations: GSK, GlaxoSmithKline, REUTERS, British, AstraZeneca, Zhifei, Barclays, Reuters, Thomson Locations: SHANGHAI, China, United States, London, Shanghai, Bengaluru

☆ Multiple airlines cancel flights across Israel after government declares war
▼ + stars: | 2023-10-09 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Multiple airlines have canceled flights in and out of Tel Aviv, home to Israel’s largest international airport, after Israel formally declared war on Hamas. In a statement to CNN, American Airlines said it was suspending flights until Friday as it closely monitors the situation on the ground. US carriers have temporarily suspended flights to Israel,” according to the embassy. Hong Kong carrier Cathay Pacific canceled its Tuesday flight to and from Tel Aviv. Ireland’s Ryanair said Monday it was canceling flights in and out of Tel Aviv until October 11, citing operational restrictions.

Persons: Ed Sicher, Israel, Ben, Israel’s Ben, Yoav Gallant Organizations: CNN, American Airlines, Allied Pilots Association, Federal Aviation Administration, Ben Gurion, Cathay Pacific, Tel Aviv . Air Canada, Ryanair, Air India, Lufthansa, Norwegian Air, Korean Air, Israel’s Ben Gurion, Israel’s Locations: Tel Aviv, Israel, Hong Kong, Incheon, Gaza, Jerusalem

☆ Hipgnosis shareholders preparing to block to music rights deal - FT
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] A headset is seen in front of displayed Hipgnosis logo in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 6 (Reuters) - Major shareholders in music investor Hipgnosis Songs Fund (SONG.L) are preparing to block the sale of a rights portfolio worth $440 million to a private fund owned by Blackstone, the Financial Times reported on Friday. Hipgnosis had said the deal would help fund a share buyback, pay down debt and bolster its stock price. One of the top 10 investors in the company said that the price being offered by Blackstone was not high enough, according to the FT report. Reporting by Eva Mathews in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Hipgnosis, Shakira, Nelly, Blackstone, Eva Mathews, Saumyadeb Organizations: REUTERS, Blackstone, Financial Times, U.S, Thomson Locations: Bengaluru

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