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☆ Thierry Le Gouès’s intimate photos are a ‘love letter’ to ’90s supermodel era
▼ + stars: | 2023-06-28 | by ( Marianna Cerinni | ) edition.cnn.com time to read: +7 min

“It’s a love letter to that time — a collection of some of the pictures I am most fond of,” Le Gouès said in a phone interview from Paris, where he is based. Thierry Le Gouès/Courtesy powerHouse BooksMost of the photos appeared in magazine spreads or fashion campaigns, which were Le Gouès’ main outlets at the time. Thierry Le Gouès/Courtesy powerHouse BooksIndeed, Le Gouès’ images are strikingly dramatic. “The ‘90s was a decade of experimentation, and that’s what I did when it came to my photos,” Le Gouès said. The other was Kate Moss, whose gold-painted portrait eventually ended up gracing the front of “90’s.” Le Gouès shot the image for British Esquire.

Persons: Kate Moss, Naomi Campbell, Linda Evangelista, Calvin Klein’s, Moss, Mark Wahlberg, ”, Cindy Crawford, Iman, Carla Bruni, Thierry Le Gouès, “, ” Le Gouès, Le Gouès, he’d, Le, “ I’ve, ” Naomi Campbell, John Galliano, Azzedine Alaïa, Alexander McQueen, Carla Bruni’s, Bruni, Eva Herzigová, Elle Macpherson, Campbell, Tatjana Patitz —, Naomi, Kate, ” Kate Moss, She’s Organizations: CNN, —, Vogue, Esquire, “ Locations: Paris

☆ Manchester United raises annual forecast amid Champions League return
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - Carabao Cup - Final - Manchester United v Newcastle United - Wembley Stadium, London, Britain - February 26, 2023 Manchester United's Antony and Bruno Fernandes celebrate with the trophy after winning the Carabao Cup REUTERS/Hannah Mckay/File PhotoJune 27 (Reuters) - Manchester United (MANU.N) on Tuesday raised its forecasts for annual revenue and adjusted profit, betting on strong commercial and matchday income as the English football club returns to the UEFA Champions League. Manchester United, which is currently in talks to sell itself, said it was expecting revenue of between 630 million pounds ($801.6 million) and 640 million pounds, compared with its previous forecast of between 590 million pounds and 610 million pounds. There were no updates on the deal from Manchester United on Tuesday and its U.S.-listed shares fell 1.4% in premarket trading. Manchester United also raised its adjusted profit forecast to between 140 million pounds and 150 million pounds for the year, compared with its previous forecast of between 125 million pounds and 140 million pounds. For the third quarter ended March 31, net loss stood at 5.6 million pounds, compared with 27.7 million pounds in the same period last year.

Persons: Manchester United's Antony, Bruno Fernandes, Hannah Mckay, Glazer, Sheikh Jassim bin Hamad, Jim Ratcliffe, Thomas Zilliacus, Eva Mathews, Anil D'Silva Organizations: Soccer, Manchester United, Newcastle United, Wembley, Carabao, REUTERS, English, UEFA Champions League . Manchester United, Reuters, Thomson Locations: London, Britain, Manchester, U.S, Sheikh, Thani, Qatar, British, Qatari, Bengaluru

☆ DeSantis pledges undocumented worker crackdown if elected to the White House, doubling down on plan Trump retreated from when he was president
▼ + stars: | 2023-06-26 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +8 min

Ron DeSantis' border security plan released Monday has numerous similarities to that of 2024 frontrunner former President Donald Trump. It was part of a sweeping immigration plan he unveiled in the border town of Eagle Pass, Texas, on Monday. In an email sent to reporters, the Trump campaign on Monday accused DeSantis of copying and pasting the former president's border plan. Most notably, the DeSantis plan agreed with Trump's idea to disallow children born to undocumented immigrants to receive automatic US citizenship. Just as when Trump was president, DeSantis pledged to remove people living in the US illegally from being counted toward the Census.

Persons: DeSantis, —, Ron DeSantis, Donald Trump, Trump, aren't, The Trump, Joe Biden, Paul Hennessy, Liam McBurney, MARIE UZCATEGUI Organizations: Service, Gov, Trump, The New York Times, Trump Organization, The, Florida Gov, Getty, Getty Images, GOP, Republican, US, Republicans, Border Patrol, Democratic Locations: Eagle Pass , Texas, Florida, Bedminster , New Jersey, AFP, Eagle, Texas, Sacramento , California

☆ 3 reasons why the Titanic will never be raised
▼ + stars: | 2023-06-26 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

The Titanic sank in 1912, and ever since people have wanted to salvage it. Its lack of structural integrity is just one of three main reasons why the Titanic is destined to remain sunk forever. The Titanic wreck site is a gravesiteApproximately 1,500 people lost their lives in the sinking of the Titanic. "NOAA recognizes the Titanic wreck site as a maritime memorial and supports Article 4(1) of the 'Agreement Concerning the Shipwrecked Vessel R.M.S. "Captain's bathtub is a favorite image among the Titanic enthusiasts, and that's now gone," Titanic historian Parks Stephenson said in a statement in 2019.

Persons: it's, —, Daniel Stone, Monica Allen, James Cameron, who's, Eva Hart, rusticles, Halomonas, Lori Johnston, Clare Fitzsimmons, Captain Edward Smith's, that's, Parks Stephenson, Xavier Desmier, Charles Smith, Ethan Miller Organizations: Service, NOAA, Titanic Inc, CBS News, New York Times, Titanic, Institute for Exploration, University of Rhode, Materials, USA, Newcastle University, BBC, Costa Concordia, Architectural Locations: Britain, University of Rhode Island, Las Vegas, Luxor, It's

☆ Cineworld to file for administration in UK as part of restructuring
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +2 min

June 26 (Reuters) - Embattled cinema chain operator Cineworld Group (CINE.L) on Monday said it will file for administration in Britain and suspend trading on the London Stock Exchange next month, as part of a restructuring plan to reduce its massive debt. The proposed restructuring will involve the release of about $4.53 billion of the group's debt, a rights offering to raise gross proceeds of $800 million and the provision of $1.46 billion in new debt financing, Cineworld said. It opted for a restructuring plan that effectively wipes out existing shareholders' equity. The company continues to expect to emerge from Chapter 11 bankruptcy protection in July, having said in May that its proposed debt restructuring had the backing of most of its lenders. However, the restructuring plan would still not provide for any recovery for its existing shareholders, Cineworld added.

Persons: Cineworld, Eva Mathews, Dhanya Ann Thoppil, David Goodman, Emelia Organizations: Cineworld, London Stock Exchange, U.S, Regal, Cinema, Thomson Locations: Britain, British, United States, Cinema City, Europe, United Kingdom, Republic of Ireland, Bengaluru

GSK on Friday said the settlement reflected its desire to avoid distraction related to protracted litigation in this case. It did not admit any liability and said it would vigorously defend itself in any other Zantac cases. The trial was due to start on July 24, the first test of how Zantac cancer claims would fare before a jury. Lucy Coutts, investment director at wealth management firm JM Finn, which holds GSK shares, said the Goetz settlement could create a precedent to settle other cases. "It also removes the distraction of any protracted litigation as the company must focus on its future pipeline which is where value will be created for shareholders," she said.

Persons: drugmaker, James Goetz, Emily Field, Lucy Coutts, JM Finn, Goetz, Dado Ruvic, Boehringer Ingelheim, Zantac, Natalie Grover, Eva Mathews, Dhanya Ann Thoppil, Barbara Lewis Organizations: GSK, Barclays, GlaxoSmithKline, REUTERS, Pfizer, Sanofi, Companies, Bank of America, FDA, Thomson Locations: U.S, British, California, Delaware, London, Bengaluru

CompaniesCompanies Law Firms Pfizer Inc FollowSanofi SA FollowJune 23 (Reuters) - GSK (GSK.L) reached a settlement with a U.S. citizen who alleged its discontinued heartburn drug Zantac caused cancer, the British pharmaceutical giant said on Friday, preventing the first such lawsuit from going to trial. The case, brought by California resident James Goetz in Alameda County Superior Court, was to go to trial on July 24 and would have been the first test of how Zantac cancer claims fared before a jury. The parties reached a confidential settlement and the trial will be dismissed, GSK said. Originally marketed by a forerunner of GSK Plc, Zantac was later sold successively to Pfizer (PFE.N), Boehringer Ingelheim and finally Sanofi (SASY.PA). Last month, a Canadian court dismissed a proposed class action against Zantac over increased cancer risk.

Persons: James Goetz, Zantac, Boehringer Ingelheim, GSK's, Eva Mathews, Dhanya Ann Thoppil, Barbara Lewis Organizations: Law, Pfizer, Sanofi, GSK, Alameda County Superior Court, GSK Plc, U.S . Food, Drug Administration, Thomson Locations: California, Alameda County, U.S, Zantac, Bengaluru

☆ Remember when Paris Hilton channeled ‘Barbiecore’ to a Britney Spears’ 2001 concert?
▼ + stars: | 2023-06-22 | by ( Faye Bradley | ) edition.cnn.com time to read: +5 min

And in November 2001, the hotel heiress made a fashion statement that etched itself in the annals of noughties style. To top it off, she wore a tiara, applied a glossy pink lip and pink eyeshadow and clutched onto a furry Barbie-branded handbag. At just 20 years old, Paris Hilton — pictured here with Nicole Richie as the pair attended a Britney Spears concert in Las Vegas — was already being dubbed a culture-defining noughties "It Girl." In a playful mauve take on the label's classic tweed separates, Naomi Campbell walks the runway during Chanel's Spring-Summer 1994 show. Paris Hilton walks the runway during Versace's Spring-Summer 2023 show on September 23, 2022 in Milan.

Persons: CNN —, Paris Hilton, Greta Gerwig, Margot Robbie, July’s, Barbie, Hilton, bestie Nicole Richie —, Britney Spears, Nicole Richie, Las Vegas —, ”, —, Paris, Oscar de la, Christian Dior, Ralph Lauren, Barbiecore, supermodels Naomi Campbell, Claudia Schiffer, Carla Bruni, Naomi Campbell, Michel Arnaud, Corbis, Thierry Mugler’s, Herve Leger, Cindy Crawford, Karen Mulder, Eva Herzigova, Moschinos’s, Mattel’s plaything, Vittorio Zunino Celotto, Barbie dreamhouse, Mary Jane heels, She’s Organizations: CNN, Paris, New, Hollywood Locations: ”, Las Vegas, Paris, New York, Los Angeles, tweed, Couture, Milan, Bahamas

☆ GSK's RSV vaccine shows long-term efficacy in late-stage trial
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

June 21 (Reuters) - GSK (GSK.L) on Wednesday said its vaccine for the respiratory syncytial virus (RSV), which recently won EU approval, showed strong long-term protection in older adults in a late-stage trial. The British drugmaker said a 'Phase III' trial showed vaccine efficacy against RSV-lower respiratory tract disease and severe disease over two full RSV seasons, including in participants with underlying medical conditions. GSK's shot, called Arexvy is designed to protect people aged 60 and over from RSV, which typically causes cold-like symptoms, but is a leading cause of pneumonia in toddlers and the elderly. European regulators approved the shot earlier this month for the disease which causes thousands of hospitalisations and deaths annually. Reporting by Eva Mathews in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.

Persons: British drugmaker, Eva Mathews, Janane Organizations: GSK, Thomson Locations: British, Bengaluru

Top executives, like the head of Instagram Adam Mosseri, will be paving the app's way forward. Insider is highlighting 14 top executives at Instagram in 2023. As Instagram enters a new era, who else is among the most influential executives shaping the app? Insider has compiled a list of 14 top executives at Instagram who lead teams from product marketing to diversity and inclusion. Here are 14 top executives to know at Instagram in 2023:

Persons: Adam Mosseri, Meta, Instagram, Tessa Lyons, Instagram's, Nick Grudin, Justin Osofsky, who's, Charles, Eva Chen, shepherding, he'll Organizations: Instagram, Meta, Dapper Labs Locations: London, Barcelona

☆ The world’s best airlines for 2023, according to Skytrax
▼ + stars: | 2023-06-20 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Now, for the fifth time in the accolades’ 23-year history, it’s been named best airline in the prestigious Skytrax World Airline Awards 2023. The Qatar flag carrier bossed it in business class, with wins for World’s Best Business Class, World’s Best Business Class Seat, World’s Best Business Class Lounge (the Al Mourjan lounge at Hamad International Airport), World’s Best Business Class Lounge Dining and Best Airline in the Middle East. Scoot was the World’s Best Long-Haul Low-Cost Airline and Volotea won out in the very competitive Best Low-Cost Airline in Europe category. Garuda Indonesia’s cabin staff were voted the world’s best, Cathay Pacific won World’s Best Inflight Entertainment and Bangkok Airways was once again the World’s Best Regional Airline. Delta Air Lines was named Best Airline in North America, with the Best Airline Staff Service for the region, while Sun Country Airlines was named Best Low-Cost Airline in North America title for the first time Alaska Airlines was North America’s Best Regional Airline.

Persons: it’s, ”, Edward Plaisted, Goh Choon Phong, –, Al, Scoot, Volotea Organizations: CNN, Singapore Airlines, Air and Space Museum, Paris Air, SIA, Qatar Airways –, Japan’s ANA All Nippon Airways, Emirates, Japan Airlines, Qatar, World’s, Hamad International Airport, ANA, World’s Best, Services, Kuwait Airways, AirAsia, Air Canada, Cathay Pacific, Entertainment, Bangkok Airways, . Delta Air Lines, Best Airline Staff Service, Sun Country Airlines, Alaska Airlines, Airlines, Qatar Airways, ANA All Nippon Airways, Turkish Airlines, Air, Cathay, Korean, Hainan Airlines, Int’l Air, Etihad Airways, Iberia, Fiji Airways, Qantas Airways, British Airways, Air New Zealand, Delta Air Lines, Garuda, Thai Airways, Transavia, Southwest Airlines, Vueling, Ryanair, Jetstar Airways, Friendly, Virgin Atlantic Locations: Singapore, Europe, North America, Air France, Garuda Indonesia, Transavia France

☆ 2 American tourists attacked in Germany are identified as recent college graduates from Illinois
▼ + stars: | 2023-06-18 | by ( Andy Rose | ) edition.cnn.com time to read: +2 min

CNN —Two American tourists who police say were attacked – one fatally – while hiking in Germany were identified as recent graduates of the University of Illinois Urbana-Champaign, according to the school. A friend who was with her, Kelsey Chang, 22, attempted to rescue Liu but was pushed down a steep slope. After fleeing the scene, he is now in police custody on suspicion of murder, attempted murder and attempted sexual offense, according to authorities. View from the Marienbruecke bridge into the Pollat gorge, near the Neuschwanstein castle, in Schwangau, Germany, on Friday. Karl-Josef Hildenbrand/AP“Our University of Illinois family is mourning the senseless death of Ms. Liu and the attack on Ms. Chang,” said Robin Kaler, associate chancellor at the University of Illinois Urbana-Champaign.

Persons: –, Eva Liu, Neuschwanstein, Kelsey Chang, Liu, Chang, Karl, Josef Hildenbrand, Ms, ”, Robin Kaler, ” Liu, “ Eva, Tami J, Armstrong, “, ” Armstrong, Kelsey Organizations: CNN, University of Illinois, “ Our University of Illinois, “, Illinois, Science Academy, US Embassy Locations: Germany, University of Illinois Urbana, Champaign, Bavarian, American, Schwangau, Aurora

☆ GSK says FDA extends review period for experimental drug momelotinib
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: 1 min

June 16 (Reuters) - British drugmaker GSK Plc (GSK.L) on Friday said the U.S. Food and Drug Administration has extended the review period for its experimental drug momelotinib, which is designed to treat anaemic patients with a type of bone marrow cancer called myelofibrosis. Momelotinib is not currently approved in any market. Reporting by Eva Mathews in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Momelotinib, Eva Mathews, Dhanya Ann Thoppil Organizations: drugmaker GSK, U.S . Food, Drug Administration, Thomson Locations: U.S, Bengaluru

☆ Musk is 'changing the way we think about risk': Satellite incumbent plans fightback against Starlink
▼ + stars: | 2023-06-16 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Eutelsat CEO Eva Berneke is betting on that massive acquisition of a British firm called OneWeb to turn around the company's fortunes. These so-called geostationary or GEO satellites is what Eutelsat specializes in. OneWeb, a British company, specializes in so-called low Earth orbit, or LEO satellites, which are used for things like internet connectivity. By combining Eutelsat's legacy GEO business with the LEO business of OneWeb, Berneke feels like it could be a big advantage. OneWeb, a direct competitor to Elon Musk's Starlink, which counted Japanese giant SoftBank among its investors, filed for bankruptcy in 2020.

Persons: Elon Musk, Jeff Bezos, Eva Berneke, Berneke, Eutelsat, Elon Musk's Organizations: PARIS, CNBC, GEO, LEO, Elon Musk's Starlink Locations: British, Paris, OneWeb

☆ UK clears Amazon's $1.7 billion deal for Roomba-maker iRobot
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

June 16 (Reuters) - Britain's competition regulator on Friday cleared Amazon.com Inc's (AMZN.O) planned $1.7 billion acquisition of iRobot Corp (IRBT.O), maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. "We're pleased with the UK Competition and Markets Authority's decision and are committed to supporting regulatory bodies in their work," a spokesperson for Amazon said. The news sent shares in U.S-listed iRobot up 12% in pre-market trade, while Amazon's stock was marginally down. EU antitrust regulators will decide by July 6 whether to clear the deal, while the U.S. Federal Trade Commission is also examining the acquisition.

Persons: We're, Colin Angle, Eva Mathews, Devika Syamnath, Jason Neely Organizations: Amazon.com, iRobot Corp, Markets Authority, Competition, Amazon, CMA, Regulators, Big Tech, U.S . Federal Trade Commission, Thomson Locations: U.S, Bengaluru

Axiom Space recently completed its second human spaceflight mission traveling to and from the International Space Station via a SpaceX Dragon Capsule. CNBC's "Manifest Space" podcast sat down with the retired NASA astronaut to discuss her return to space, the commercialization of human spaceflight and her outlook on the private space economy. You're back at the space station, you're somebody who's commanded the space station, you've been there multiple times before. And a part of being a NASA astronaut, I had many experiences where we trade responsibilities in command. And although I was a farm kid and a farm girl, I didn't really know if that would ever be an option for me.

Persons: Peggy Whitson, She's, Whitson, Morgan Brennan, who's, you've, You've, who've, it's, followership, Neil Armstrong Organizations: NASA, Kennedy Space Center, International Space, SpaceX, Soyuz, Space Locations: Saudi Arabia, United States, Cape Canaveral , Florida, U.S

☆ Eutelsat CEO says OneWeb merger is a 'big bet' that will help it become a high growth company
▼ + stars: | 2023-06-15 | 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 EmailEutelsat CEO says OneWeb merger is a 'big bet' that will help it become a high growth companyEva Berneke, CEO of French satellite operator Eutelsat, tells CNBC's Arjun Kharpal about the firm's merger with OneWeb.

Persons: Eva Berneke, CNBC's Arjun Kharpal Organizations: OneWeb

☆ Eutelsat CEO says Elon Musk is changing the way we think about risk in business
▼ + stars: | 2023-06-15 | 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 EmailEutelsat CEO says Elon Musk is changing the way we think about risk in businessEutelsat CEO Eva Berneke says the broadcast market is transforming, and Elon Musk “is changing the way we think about risk broadly in business.”

Persons: Elon Musk, Eva Berneke, ”

[1/2] U.S. President Joe Biden delivers remarks at the League of Conservation Voters annual dinner in Washington, U.S., June 14, 2023. REUTERS/Jonathan ErnstWASHINGTON, June 14 (Reuters) - A collection of the nation's leading and biggest spending environmental groups endorsed President Joe Biden's re-election bid on Wednesday, an early sign that he has consolidated their support despite some recent policy moves that angered climate activists. The League of Conservation Voters (LCV) Action Fund, billionaire Tom Steyer's NextGen PAC, NRDC Action Fund and the Sierra Club endorsed Biden during an LCV dinner in Washington. This is the first time the four groups have ever jointly announced a presidential endorsement, according to the Biden campaign. The groups represent the mainstream part of the environmental movement and tend to reflect older voices.

Persons: Joe Biden, Jonathan Ernst WASHINGTON, Joe Biden's, Tom Steyer's NextGen, Biden, we've, Eva Hernandez, Steyer's NextGen, Trevor Hunnicutt, Jarrett Renshaw, Mary Milliken, Lisa Shumaker Organizations: League of Conservation Voters, REUTERS, The, of Conservation Voters, Fund, Tom Steyer's NextGen PAC, Sierra Club, White, Steyer's NextGen PAC, Reuters, Thomson Locations: Washington , U.S, Washington, Alaska, West Virginia, California

☆ Factbox: Vodafone, Hutchison UK merger to create country's largest mobile operator
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

June 14 (Reuters) - Vodafone (VOD.L) and CK Hutchison (0001.HK) unveiled the merger of their British operations, creating the country's largest mobile operator. Hutchison will own 49% and Vodafone 51% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam. REVENUEUK represented 14% of group service revenue for Vodafone, and 16% of total revenue for Hutchison, according to latest annual results. RETAIL STORESThree has 311 retail stores in UK, according to its website, while Vodafone UK had 410 stores as of January. SPECTRUMVodafone has spectrum access between 3720-3760 MHz, while Three UK has access between 3460-3480 MHz, according to British telecoms regulator Ofcom.

Persons: CK Hutchison, Hutchison, Ahmed Essam, Eva Mathews Organizations: Vodafone, CK, HK, Hutchison, Ofcom, BT Group, O2, Thomson Locations: Bengaluru

☆ Capital One Venture X credit card review
▼ + stars: | 2023-06-13 | by ( ) edition.cnn.com time to read: +19 min

Digging into the Capital One Venture XThe Capital One Venture X provides valuable benefits to frequent flyers. Getty ImagesThe Capital One Venture X credit card debuted in November 2021 and turned of heads for those looking for a premium travel rewards credit card. Advantages of the Capital One Venture XEarn miles toward a beautiful beach vacation with the Capital One Venture X. iStockAs a new premium credit card, the Capital One Venture X has a lot to offer. Stacking up the Capital One Venture X against our benchmarkCNN Underscored has chosen the Citi Double Cash card as our current “benchmark” credit card. Other credit cards similar to the Capital One Venture XCompare the Capital One Venture X to other premium travel credit cards before you apply.

Persons: that’s, you’ll, — you’ll, Air Canada Aeroplan, That’s, you’re, Guy, Emily McNutt Organizations: CNN, American Express, Capital, Venture, PreCheck, Fort, Dulles, Hertz President’s, British Airways, Airlines Aeromexico Club Premier Cathay Pacific Asia Miles Qantas Frequent Flyer Air Canada, Emirates Skywards Singapore Airlines KrisFlyer Air France, KLM Flying Blue Etihad Airways, TAP Air Portugal Miles, Airlines Miles & Smiles British Airways Avios, Wyndham, British Airways Executive Club, Air Canada, United Airlines, Emirates, Singapore Airlines, Citi, Cash, Citi Premier, Accident Insurance, Chase, Express, Chase Sapphire, Rapid, Hyatt Locations: Dallas, Fort Worth, DFW, Denver, Washington, American, Alaska, Asia, Europe, Chicago

☆ UK energy company forecasts higher profit from retail business
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: 1 min

LONDON, June 13 (Reuters) - British Gas owner Centrica (CNA.L) expects its retail business to generate significantly higher first-half adjusted operating profit than in previous years, it said on Tuesday, citing reduced debt-related costs. UK energy regulator Ofgem's price cap provides an allowance to account for debt on energy bills that cannot be recovered by suppliers and is ultimately written off. In a statement ahead of its annual general meeting on Tuesday, the company said its performance over the first five months of the year has been strong overall. It expects its full-year group adjusted earnings per share to come near the top end of a predicted range between 16.5 and 24.7 pence per share. Reporting by Nina Chestney in London and Eva Mathews in Bengaluru Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Nina Chestney, Eva Mathews, David Goodman Organizations: British Gas, Thomson Locations: London, Bengaluru

☆ Glencore makes offer for Teck's steelmaking coal business
▼ + stars: | 2023-06-12 | by ( Clara Denina | ) www.reuters.com time to read: +2 min

LONDON, June 12 (Reuters) - Glencore (GLEN.L) on Monday offered to buy Teck Resources' (TECKb.TO) steelmaking coal business as a standalone unit, after the Canadian miner twice rebuffed its $22.5 billon offer to combine the two companies. "It would provide Teck with a cleaner exit from coal and allow Glencore to split its own business into CoalCo and MetalsCo." Glencore's CEO Gary Nagle in May said buying Teck's coal business as a standalone unit was a "distant second" for the Swiss mining company, as it still pursues its merger plans. Teck's steelmaking coal mines are among few left in the world, making them attractive to Glencore, as global efforts to phase out coal-fired power generation gather momentum. As part of its original proposal, Glencore offered up to $8.2 billion in cash to Teck shareholders who may not want exposure to thermal coal.

Persons: Teck, Gary Nagle, May, Pierre Lassonde, Glencore, Clara Denina, Eva Mathews, Dhanya Ann, Kirsten Donovan, Barbara Lewis Organizations: Teck Resources, Teck Metals, Deutsche Bank, Nippon Steel Corporation, Thomson Locations: Teck, CoalCo, Swiss

☆ 3-Stock Lunch: Oracle, Biogen and SentinelOne
▼ + stars: | 2023-06-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Oracle, Biogen and SentinelOneEva Ados, ERShares chief operations officer, joins ‘Power Lunch’ to discuss three stocks: Oracle, Biogen and SentinelOne.

Persons: Eva Ados Organizations: Oracle

☆ No injuries after planes collide on ground at Tokyo's Haneda airport -NHK
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: +1 min

[1/5] A Thai Airways aeroplane is seen after making contact with Eva Air aeroplanes at Haneda Airport, in Tokyo, Japan, June 10, 2023, in this photo released by Kyodo. Mandatory credit Kyodo via REUTERSTOKYO, June 10 (Reuters) - Some flights were delayed at Tokyo's Haneda airport on Saturday after two planes appeared to have collided on the ground near a taxiway, public broadcaster NHK reported, citing Japan's transport ministry. The broadcaster showed footage of jets from Taiwan's Eva Airways (2618.TW) and Thai Airways (THAI.BK) on the ground. Part of the wing of the Thai Airways plane looked to be broken, and what appeared to be fragments could be seen near the runway. Thai Airways said Japan's civil aviation authority was investigating the incident.

Persons: Eva, Tetsushi Kajimoto, William Mallard, Jamie Freed Organizations: Thai Airways, Eva, Haneda Airport, Kyodo, REUTERS, NHK, Eva Airways, Airbus, Thomson Locations: Tokyo, Japan, REUTERS TOKYO, Haneda, Bangkok

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