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☆ Samsung Electronics' union threatens first ever walkout next week
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: +4 min

A Samsung Electronics union in South Korea will begin escalating strike action next week by staging the first ever walkout over demands for higher wages, union officials said on Wednesday. The National Samsung Electronics Union (NSEU), which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7 as part of broader protest measures. Samsung Electronics said in a statement on Wednesday: "We will sincerely engage in discussions with the union." Responding to Wednesday's proposed strike, a coalition of five unions at Samsung affiliates including another Samsung Electronics union questioned the intention behind the strike plan, indicating they would not join the move. Shares of Samsung Electronics closed down 3.1% on Wednesday, compared with the benchmark KOSPI's 1.7% fall.

Persons: Son Woo, mok, NSEU, Wednesday's, Jay Y, Lee Organizations: Samsung, Samsung Electronics, National Samsung Electronics Union, South, Workers Locations: Seoul, South Korea, Hwaseong

☆ Britain’s Snap Election: Bad News for Tories. Good for Labour? - The New York Times
▼ + stars: | 2024-05-29 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

But perhaps it will also be an indictment of the Labour Party opposition, which seems remarkably uninterested in seizing the moment. is 8.4 percent below its 2007 peak — a significant decline, which has helped make the country outside of London poorer than Mississippi. And although the prolonged slowdown in productivity may be the worst Britain has experienced since the dawn of the Industrial Revolution, the country’s struggles aren’t purely economic. Britain has been governed by austerity-minded Tories now for 14 years, and the results have been bleak. Brexit was another self-inflicted wound from the British right and is now lamented by a large majority of the public.

Persons: Rishi Sunak, Brexit, Boris Johnson’s, it’s Organizations: Conservative Party, Labour Party, Britain, National Health Service Locations: Britain, London, Mississippi, British

☆ Britain’s Royal Mail has been bought by Czech billionaire Daniel Křetínský for $4.5 billion
▼ + stars: | 2024-05-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —The owner of Royal Mail has accepted a £3.5 billion ($4.5 billion) takeover bid from Czech billionaire Daniel Křetínský, paving the way for the sale of one of Britain’s oldest and most iconic institutions to a foreign owner for the first time. The deal follows a torrid few years for Royal Mail, which was privatized in 2013. “Royal Mail is as British as it gets, and Labour will take the necessary steps to safeguard its undeniable identity and place in public life,” he wrote in the letter, which he posted on X. A low-profile Czech national, Křetínský made his fortune through a sprawling empire of European energy companies, retailers and football clubs. He is worth an estimated $7.7 billion, according to the Bloomberg Billionaires Index, and owns a 27% stake in West Ham United Football Club.

Persons: Daniel Křetínský, Křetínský’s, Jonathan Reynolds, ”, Křetínský Organizations: London CNN, Royal Mail, Distribution Services, Labour Party, Conservative, Labour, Royal, Bloomberg, West Ham United Football Club Locations: Czech, United Kingdom, West

☆ Dollar steady ahead of inflation data, yen wobbles
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: +7 min

The dollar was stable on Wednesday on wagers the Federal Reserve is unlikely to cut rates until later this year ahead of crucial inflation readings this week, while the yen drifted to its weakest in four weeks. Market focus this week will be on a slew of inflation reports, with German inflation data due on Wednesday and the wider euro zone's reading on Friday. Market focus this week will be on a slew of inflation reports, with German inflation data due on Wednesday and the wider euro zone's reading on Friday. The pound was 0.13% higher at 200.68 yen, the strongest since August 2008, while the euro touched a one-month high of 170.795 yen earlier in the session. The yen, which is sensitive to Treasury yields, is down 10% for the year against the dollar but may yet scrape a monthly gain in May.

Persons: Sterling, Christopher Wong, Prashant Newnaha Organizations: U.S, Australian, FX, TD Securities Locations: U.S, Tokyo, Asia

☆ Royal Mail owner agrees to ₤3.6 billion takeover by Czech billionaire Kretinsky
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: +2 min

Royal Mail's parent company International Distributions Services said on Wednesday it had agreed to a 3.57 billion pound ($4.55 billion) formal takeover offer by Czech billionaire Daniel Kretinsky. The offer valued IDS, which owns Royal Mail and international parcels network GLS, at 370 pence per share. Royal Mail has been trying to transform itself into a parcel-led business as letter volumes declined sharply over the years. Kretinsky has said that private investment in Royal Mail was crucial given its challenging situation with poor service delivery, slow transformation and increasing competition. Any takeover bid for Royal Mail would be subject to "normal" national security scrutiny but it would not be opposed in principle, Finance Minister Jeremy Hunt said earlier.

Persons: Daniel Kretinsky, Keith Williams, Kretinsky, Jeremy Hunt, Jonathan Reynolds Organizations: International, Services, Royal Mail, Service, Government, IDS, Labour, VESA Equity Locations: Czech, London

☆ More than 100 business leaders including Wikipedia's Jimmy Wales sign open letter backing Britain's center-left opposition
▼ + stars: | 2024-05-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Labour's Shadow Chancellor of the Exchequer Rachel Reeves gives a speech on the British economy ahead of the Bank of England monetary policy release on May 07, 2024 in London, England. LONDON — More than 100 business leaders on Tuesday voiced their support for the U.K.'s center-left opposition Labour Party, nearly five weeks before the country heads to the polls. The group, which includes Wikipedia founder Jimmy Wales and former vice-chairman of JP Morgan Cazenove Charles Harman, said in an open letter to The Times newspaper: "We, as leaders and investors in British business, believe it is time for a change." The writers of the letter claim that the U.K. economy has suffered from a decade of stagnation amid a lack of both political stability and a long-term, consistent economic strategy. The Labour Party has "shown it has changed and wants to work with business to achieve the UK's full economic potential," they said.

Persons: Rachel Reeves, Jimmy Wales, JP Morgan, Charles Harman, Karen Blackett, Andrew Higginson Organizations: Bank of, Labour Party, The Times, WPP, JD Sports, British Retail, Tesco Bank, Heathrow Airport Locations: Bank of England, London, England

☆ History shows how a UK election can impact the country's stock market
▼ + stars: | 2024-05-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. The more domestically-oriented FTSE 250 has tended to outperform the FTSE 100 following elections, with stronger outperformance following Labour victories, it said. Leon Neal | Getty Images News | Getty ImagesAccording to Capital Economics, the U.K. stock market has faltered on five occasions under past Labour governments. Higgins also observed that the relative performance of U.K. stocks has "generally been underwhelming since 2010," when the Conservatives took office. Three could be attributed to the "unsustainability of fixed exchange rate regimes" between the 1930s and 1970s, one to the Great Financial Crisis, and the fifth to the 1976 Debt Crisis, he said.

Persons: Tony Blair, Jeff, Rishi Sunak, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, John Higgins, Higgins, Labour's, Keir Starmer, Reeves, Venkatakrishnan, Liz Truss, Sunak Organizations: BBC News, Current Affairs, Labour Party, Labour, Conservative Party, Citi, Conservative, Centre, Getty, Capital Economics, Conservatives, Shadow, Economic, Barclays, C.S, CNBC Locations: Downing, Purfleet, United Kingdom, Davos

☆ Opinion: Alito’s second red flag
▼ + stars: | 2024-05-26 | by ( Kirsi Goldynia | ) edition.cnn.com time to read: +18 min

This is not the first time Alito has found himself in hot water over displaying a controversial flag on his property. The upside-down flag, a signal of distress, was adopted by Trump supporters who believed the false claim that the election had been stolen. (Alito said his wife had raised the upside-down flag in response to a disagreement with a neighbor. The discovery also comes at a time when the Supreme Court will be making a decision about Trump’s claims of sweeping presidential immunity, his get-out-of-jail-free card for the federal cases he faces. “The notion that the Supreme Court can be trusted to be an arbiter above partisan politics has suffered major blows in recent years.

Persons: ”, Scott Peck, Samuel Alito, “, Alito, Joe Biden’s, Trump, Julian Zelizer, Walt Handelsman, Michael J, Broyde, Ruth Bader Ginsburg, Donald Trump, ‘, ’, ” Nikki Haley’s, Nikki Haley’s, Nikki Haley, Haley, Nancy Pelosi, She’s, Joe Biden ‘, I’ve, ” Clay Jones, Drew Sheneman, Judge Juan Merchan, Robert Costello, Michael Cohen, Norm Eisen, Costello, ’ Merchan, cautioning, …, Eisen, Sunak, Rishi Sunak, Henry Nicholls, Holly Thomas, Sunak —, Thomas, Joel Pett, Adolf Hitler, Ruth Ben, Hitler, Benito Mussolini, Said Ben, Anna Sauerbrey, Sauerbrey, Biden, America —, Richard Curtis ’, Julia Roberts, Hugh Grant, Laura Beers, it’s, —, Ebrahim Raisi, Frida Ghitis, Ali Khamenei, Peter Kuper, Cagle, “ I’m, What’s, Benjamin Netanyahu, Yoav Gallant, Yahya Sinwar, Mohammed Diab Ibrahim al, Masri, Ismail Haniyeh, Peter Bergen, ” Netanyahu, Israel’s, Netanyahu, Kerri Kennedy, Biden “, Israel, ” Don’t, Agency Carrie Sheffield, Noah Berlatsky, Singleton, Biden’s Morehouse, Jill Filipovic, Diddy, Cassie Ventura, Catherine Tan, Shanahan, Brian Castrucci, Frank Luntz, Mark Zandi, Trump Will Cathcart, Joyce M, Davis, Bill Maher, Jimmy Kimmel, Randy Holmes, Bill, ” Nicole Hemmer, Said Will, Maher, Hemmer, ” “ Maher, It’s Organizations: CNN, New York Times, Agency, Trump, South Carolina Gov, Republican, NHS, Labour, Tory, Social, Italiana, European Union, ”, Islamic, Education, Workforce, Harvard, University of California, Columbia University, Columbia, Criminal Court, ICC, Israeli, International Court of Justice, United Nations Security, American Friends Service Committee, RFK, Disney, Entertainment, Democrats Locations: Alito’s Virginia, New Zealand, AFP, ”, England, Trump’s America, America, Italian, Germany, Poland, France, Berlin, Hill, American, British, London, Notting Hill, Iran, Republic of Iran, Islamic Republic, University of California Los Angeles, Gaza, United Kingdom, Rafah, Georgia’s, Moscow, Africa

☆ Sometimes U.S. and U.K. Politics Seem in Lock Step. Not This Year.
▼ + stars: | 2024-05-25 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

A Conservative British prime minister sets the date for a long-awaited vote in the early summer and the United States follows with a momentous presidential election a few months later. It happened in 2016, when Britons voted for Brexit and Americans elected Donald J. Trump, and now it’s happening again. Political soothsayers might be tempted to study the results of Britain’s July 4 general election for clues about how the United States might vote on Nov. 5. “We’re just in a very different place politically than the U.S. right now,” said Robert Ford, a professor of politics at the University of Manchester. The Conservatives have been in power for 14 years, he noted, Brexit has faded as a political issue, and there is no British equivalent of Mr. Trump.

Persons: Donald J, Trump, Trump’s, Joseph R, Biden, “ We’re, ”, Robert Ford, Brexit Organizations: Conservative, Brexit, European Union, Labour Party, Conservatives, Democratic, Republican, University of Manchester Locations: Conservative British, United States, U.S

☆ Why UK Prime Minister Rishi Sunak called an election he’s expected to lose
▼ + stars: | 2024-05-24 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

London CNN —When British Prime Minister Rishi Sunak announced on Wednesday that the United Kingdom would hold a general election on July 4, many observers wondered: why now? British Prime Minister Rishi Sunak delivers a speech calling for a general election, outside 10 Downing Street, in London on May 22. Their time in office didn’t begin formidably. In 2010, after 13 years of Labour rule, David Cameron won the general election but didn’t win a majority in parliament. Eventually, the Conservative Party had enough of the chaos and put Sunak in charge as a safe pair of hands.

Persons: Rishi Sunak, Keir Starmer, Sunak, Maja Smiejkowska, he’s, we’ve, ’ ” Sunak, didn’t, David Cameron, Cameron, Theresa May, Boris Johnson, Johnson, Henry Nicholls, Liz Truss, –, Starmer Organizations: London CNN, British, Conservative Party, Labour Party, Labour, International Monetary Fund, CNN, IMF, Liberal Democrats, Conservative, Vale, Glamorgan Brewery, Getty Locations: United Kingdom, London, Downing, Glamorgan, Barry, Wales, AFP, Rwanda, Sunak

☆ Sunak Says U.K. Won’t Send Asylum Seekers to Rwanda Before Election
▼ + stars: | 2024-05-23 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

In calling a general election, Prime Minister Rishi Sunak of Britain cast himself this week as a leader with a clear plan. That did not include carrying an umbrella during his remarks in front of 10 Downing Street, where Mr. Sunak was drenched in a spring shower that yielded a flood of snarky headlines. “Drowning Street,” said the tabloid City A.M. “Drown & out,” cried The Daily Mirror. Mr. Sunak signaled that his government’s signature political project — putting asylum seekers on one-way flights to Rwanda — would not be set in motion before voters went to the polls on July 4. Speaking to the BBC, Mr. Sunak cited the Rwanda policy to draw a sharp contrast with the opposition Labour Party, which he accused of having no plan to stop asylum seekers who make hazardous crossings of the English Channel in small boats.

Persons: Rishi Sunak, Sunak, ”, “, Rwanda — Organizations: Downing, Daily Telegraph, BBC, Labour Party Locations: Rwanda

☆ Dollar hovers near highest in a week after hawkish Fed minutes
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +3 min

The yen l anguished just above a three-week low despite the continued threat of intervention by Japanese officials. The dollar index, which tracks the currency against six major rivals including the euro , sterling and yen, was little changed at 104.89 after gaining 0.28% overnight. The dollar was little changed at 156.77 yen after rising to 156.85 overnight, the highest since May 1. Traders and analysts suspect Japan's Ministry of Finance intervened several times to support the yen following its plunge to a 34-year low of 160.245 per dollar on April 29. Bigger rival bitcoin was little changed at $69,491 after reaching $71,957 on Tuesday for the first time since April 9.

Persons: Sterling, Ether, James Kniveton, Japan's, Rishi Sunak, bitcoin Organizations: Bank of Japan, Reserve, Federal, Traders, of Finance, Bank of England, Conservatives, Labour Party, Labour, Securities

☆ European stocks head for slightly higher open as investors follow UK election news and euro zone data
▼ + stars: | 2024-05-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a slightly higher open Thursday as traders digest the minutes of the last U.S. Federal Reserve meeting, which revealed Fed officials have concerns over sticky inflation and remain cautious on possible interest rate cuts. U.K. markets will be closely watched Thursday after Prime Minister Rishi Sunak announced that a general election will be held on July 4, ending months of speculation over the date of a national vote. As polls stand, the ruling Conservative Party is expected to lose to the opposition center-left Labour Party.

Persons: Rishi Sunak Organizations: Federal Reserve, Conservative Party, Labour Party Locations: U.S

☆ Shock summer election in Britain predicted to deliver 'historic' result
▼ + stars: | 2024-05-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

British Prime Minister Rishi Sunak makes a statement in the rain outside 10 Downing Street, announcing the UK general election will take place on 4 July in London, United Kingdom on May 22, 2024. News of the vote came as a surprise to the public, the media and much of Sunak's own party. 'As good as it gets'Bronwen Maddox, director of Chatham House think tank, said the election date had shocked many Conservatives who thought it would be held nearer to the U.S. election in November. Market bets on an interest rate cut in the summer fell as a result, and it now looks unlikely the central bank will cut on June 20, its last meeting before the election. So if that translates to a general election as well, then that Labour landslide is looking much less certain."

Persons: Rishi Sunak, Sunak, Price, Bronwen Maddox, I'm, Maddox, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, James, Hannah Bunting, CNBC's, Tony Blair, John Major, Bunting, we've Organizations: British, Anadolu, Getty, Conservative Party, Conservatives, Labour Party, Downing, Bank of England, Chatham House, CNBC, Bank of England's, Labour, Centre, University of Exeter Locations: London, United Kingdom, U.K, Europe, Gaza, Rwanda, Purfleet

☆ UK election 2024: Everything you need to know
▼ + stars: | 2024-05-23 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

Rishi Sunak’s rival for power is Labour leader Keir Starmer, who is heavily favored to become Britain’s new prime minister in July. Labour leader Keir Starmer -- the frontrunner in the election -- launches his campaign in Gillingham on Thursday. Given Labour’s standing in the polls, Starmer is more equipped to take the fight to other groups. In the UK, voters don’t elect a prime minister directly. But this is a formal role only; the King won’t contradict his prime minister or overrule the results of an election.

Persons: CNN —, Rishi Sunak, We’ll, Keir Starmer, Sunak, Downing, Maja Smiejkowska, – Sunak, Boris Johnson’s, Liz Truss, Boris Johnson, Johnson, Stefan Rousseau, Jeremy Corbyn, Theresa May, Sunak hasn’t, –, Starmer, Henry Nicholls, Rishi Sunak’s, Gareth Fuller, Reform Party –, David Cameron, King Charles III, won’t Organizations: CNN, CNN — Britain’s, Labour, Reuters, Sunak’s Conservative Party, Liberal Democrats, Conservatives, Conservative, Party, Getty, European Union, Reform Party, Scottish National Party, Green Party, National Health Service Locations: Westminster, Rwanda, England, AFP, Gillingham, Gaza

☆ Opinion: Rishi Sunak’s election looks like a final gasp
▼ + stars: | 2024-05-23 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +8 min

For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.

Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, —, Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda

☆ Sunak Announces U.K. Elections for July 4, Months Earlier Than Expected
▼ + stars: | 2024-05-22 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Prime Minister Rishi Sunak of Britain on Wednesday called a snap general election for July 4, throwing the fate of his embattled Conservative Party to a restless British public that appears eager for change after 14 years of Conservative government. But the Tories have discarded four prime ministers in eight years, lurching through the serial chaos of Brexit, the coronavirus pandemic and a cost-of-living crisis. With the opposition Labour Party ahead in most polls by double digits for the last 18 months, a Conservative defeat has come to assume an air of inevitability. “Now is the moment for Britain to choose its future,” Mr. Sunak said as pelting rain drenched his suit jacket. The choice for voters, he said, was to “build on the future you’ve made or risk going back to square one.”

Persons: Rishi Sunak, Sunak’s, Barack Obama, ” Mr, Sunak, ” Organizations: Conservative Party, Conservative, Downing, Labour Party Locations: British, Britain

☆ UK general election: PM Rishi Sunak calls surprise July vote as his party seeks to defy dire polls
▼ + stars: | 2024-05-22 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

London CNN —UK Prime Minister Rishi Sunak announced a snap general election for July 4 in a statement outside Downing Street on Wednesday evening, as his Conservative Party faces an uphill struggle to extend its 14 years in power. But a fall in inflation rates, announced earlier Wednesday, provided the backdrop for his announcement. The move will be welcomed by the buoyant Labour Party, led by Keir Starmer, which is soaring in the opinion polls and has sought to present itself as a reformed and moderate group that is ready for power. Sunak walks back inside on Wednesday after announcing the July 4 date for the election. But Johnson’s premiership collapsed after a string of scandals, paving the way for his then-finance minister Sunak to emerge as a frontrunner for the leadership.

Persons: Rishi Sunak, Sunak, Downing, King Charles III of, “, ” Sunak, Keir Starmer, Buckingham, Queen’s, Starmer, ”, Carl Court, Liz Truss, Boris Johnson, —, Theresa May —, King Charles III Organizations: London CNN —, Conservative Party, Conservative, Labour Party, Labour, Liberal Democrats, Conservatives, Party, Scottish National Party, European Union, Tories Locations: Britain, Buckingham Palace, Ukraine, Downing, Sunak, United Kingdom, Rwanda, Britain’s

☆ Opinion: Rewatching ‘Notting Hill,’ the truly unbelievable part is Hugh Grant’s house
▼ + stars: | 2024-05-22 | by ( Opinion Laura Beers | ) edition.cnn.com time to read: +11 min

The Notting Hill of the 1990s was still socially heterodox and shabby chic, a neighborhood where a group of 30-something professionals could plausibly have ended up. Even in the late 1990s, such access to disposable income marked the characters in “Notting Hill” out as privileged. Yet, in the 1990s, Notting Hill, long a center of Caribbean immigrant culture and the site of the annual Notting Hill Carnival, underwent a rapid process of gentrification. Between 1995 and 1999, Notting Hill house prices rose by 75%. The colorful terraced houses of Notting Hill, which these days sell for millions of pounds.

Persons: Laura Beers, ”, George Orwell’s, Richard Curtis ’, Julia Roberts, Anna Scott, Hugh Grant, William Thacker, Roberts, Laura Beers Laura Beers, it’s, —, Curtis, Hill’s, Hugh Grant's, Winston, George Orwell, Orwell, Tony Blair’s Britain, Bill Clinton’s America, Grant’s, Tony Blair, Steve Eason, Notting, Spike, Rhys Ifans, Notting Hill, Mike Kemp, San, Spencer Platt, Rishi Sunak’s government’s, Bill, Rewatching Organizations: American University, CNN, MCA, Everett, Notting, Labour, Hulton, Getty, Movement, Housing, Federal Reserve, New York State, Hill ” Locations: American, London, West London, Notting, West, Britain, United States, Young, Notting Hill, Central London, San Francisco, Manhattan, San Matteo, Redwood City, York

☆ Ukraine war live updates: Russia facing labor shortages amid war; Poland arrests nine on charges of Russian-ordered sabotage
▼ + stars: | 2024-05-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

Russia is currently experiencing a labour shortage in no small part due to the war in Ukraine, with some sectors experiencing significant problems recruiting workers, Britain's Ministry of Defense said Tuesday, noting that the situation could lead to a "mobilisation of labour." In other news, Poland has arrested nine people in connection with acts of sabotage committed in the country on the orders of Russian services. Ukraine's ally Warsaw says it has become a target for Russian intelligence services because it is a hub for military hardware supplies for Kyiv. "We currently have nine suspects arrested and charged with engaging in acts of sabotage in Poland directly on behalf of the Russian services," Polish Prime Minister Donald Tusk told private broadcaster TVN24 late Monday, Reuters reported.

Persons: Warsaw, Donald Tusk Organizations: Britain's Ministry of Defense, Kyiv, TVN24, Reuters Locations: Russia, Ukraine, Poland

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, Apple, Tesla, Dell, Micron & more
▼ + stars: | 2024-05-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.

Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, –, Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China

☆ Britain’s election campaign hasn’t started yet, but the mudslinging is well underway
▼ + stars: | 2024-05-18 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

He lost two general elections as Labour leader in campaigns that focused heavily on his views regarding national security. The context for Sunak’s attack on Starmer is that the UK will vote in a general election at some point this year. “Of course Rishi doesn’t believe that Starmer himself is a threat to national security,” a senior Conservative told CNN. It’s just ridiculous and it clearly winds him up when we point it out.”No one knows for sure when the election campaign proper will start. Until then, Britain is braced for months of mudslinging between Sunak and Starmer.

Persons: Rishi Sunak, Keir Starmer, Sunak, Starmer, –, Jeremy Corbyn, Corbyn, Toby Melville, Rishi doesn’t, ”, ” David Gauke, ” Gauke, ” Starmer, “, ” Keir Starmer, Leon Neal, cynically, won’t, It’s Organizations: CNN, British, Labour Party, Labour, PM, NATO, Conservative, Conservative Party, “ Locations: Britain, Russia, Iran, North Korea, Rwanda, Gaza, Sunak

☆ Royal Mail: Meet Czech billionaire Daniel Křetínský who wants to buy Britain’s postal service
▼ + stars: | 2024-05-16 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

It has been operating a postal service in England since the reign of Henry VIII. EP Group has until May 29 to convert its £3.5 billion ($4.4 billion) non-biding offer into a formal bid for IDS. The likely sale would come after a difficult few years for Royal Mail, which was privatized in 2013. ‘As British as it gets’The potential buyout of Royal Mail has stirred anxieties about the consequences of the iconic British institution coming under foreign ownership. “Royal Mail is an important national asset that would benefit from being able to take a longer-term view,” the firm said.

Persons: Henry VIII, Daniel Křetínský, Křetínský, Patrik Tkáč, Rishi Sunak, Kemi Badenoch, Dave Ward, ”, ” Ward, Jonathan Reynolds, ” Ivana Kottasová Organizations: London CNN — Royal Mail, Distribution Services, IDS, Royal Mail, UK Department for Business, Trade, CNN, Bloomberg, Equity Investment, Newsweek, West Ham United Football Club, Reuters, Communication Workers Union, Labour Party, Royal, Labour Locations: England, Czech, British, United States, FNAC, France, United Kingdom, West

☆ Fico assassination attempt exposes risks for politicians in a polarized Europe
▼ + stars: | 2024-05-16 | by ( Luke Mcgee | Ivana Kottasová | ) edition.cnn.com time to read: +8 min

CNN —The horrific scenes in Slovakia following the assassination attempt on Prime Minister Robert Fico are a stark and brutal reminder of the dangers facing those who seek public office. Security personnel apprehend a suspected gunman after Slovakia's Prime Minister was shot in Handlova, Slovakia on May 15, 2024. President Zuzana Caputova appoints Robert Fico the new Slovakian prime minister at the Presidential Palace in Bratislava, Slovakia, on 25 October 2023. In 2022, Giorgia Meloni became Italy’s prime minister after running on an anti-immigration, socially conservative ticket. Former Japanese Prime Minister Shinzo Abe was shot dead in July 2022 as he gave a campaign speech.

Persons: Robert Fico, Fico, Zuzana Čaputová, ”, George Soros, Čaputová, Fico’s, Zuzana Caputova, Jakub Gavlak, Giorgia Meloni, Covid lockdowns, Jo Cox, DANIEL LEAL, David Amess, Shinzo Abe, Fernando Villavicencio –, – Organizations: CNN, Slovakia's, Getty, Fico, Slovakian, Parliamentary, Parliament, Political, Hamas, British Labour, AFP, Conservative, ISIS, Japanese Locations: Slovakia, Russia, American, Europe, Ukraine, Gaza, Handlova, AFP, Bratislava, Netherlands, Israel, London, Britain

☆ Rishi Sunak has a new target: Sex education
▼ + stars: | 2024-05-16 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

Ben Birchall/PA‘Utterly disgraceful’The new draft guidance from the government, published Thursday, takes aim at the way sex and relationships are taught to English children in both primary and secondary schools. Under the new approach, children can’t be taught sex education before the age of nine, while “explicit discussion of sexual activity” will be delayed until children are 13. Gender identity, or the fact that people can change gender, is meanwhile “highly contested and should not be taught” at all, according to the Department of Education. But education specialists worry that school pupils have become the latest victim of that push. “But when a political ideology comes into it, it becomes more difficult for the whole of the education world to move behind it,” he added.

Persons: Rishi Sunak’s, “, –, Sunak’s, Pepe Di’lasio, ”, ” Di’lasio, Ben Birchall, can’t, ” Paul Whiteman, Di’lasio, Sam Freedman, Britain’s, Gillian Keegan, Keir Starmer, Jane Barlow, Sunak, Brianna Ghey, ” Whiteman, Keegan, it’s, we’ve, we’re Organizations: CNN, Association of School and College Leaders, Department of Education, National Association of Head Teachers, Institute, Government, The Sun, Labour, BBC Locations: England’s, England, Starmer

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