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BEIRUT — Islamist rebels breached neighborhoods in Syria’s second-largest city of Aleppo and clashed with government military forces after detonating two car bombs Friday. The Syrian Observatory of Human Rights, the monitoring organization, said fierce clashes were underway between the attacking insurgents and regime troops. Syrian armed forces were repelling attacks, the Syrian Defense ministry said Friday, adding government forces involved in combat operations were able to regain control over some areas. "Our armed forces have inflicted heavy losses on the attacking organizations, resulting in hundreds of deaths and injuries among the terrorists," Syria's general command of the army and armed forces said in a statement translated by NBC News. The Syrian civil war started in early 2011 with a wave of protests against the authoritarian rule of President Bashar al-Assad.
Persons: Bakr, Witnesses, Bashar al, Assad, Assad's, Matt Bradley, Daniel Arkin Organizations: Associated Press, Syrian Observatory of Human, Fighters, Getty, AP, Syrian Defense, NBC News, Syrian Observatory, Human Rights Locations: BEIRUT, Syria’s, Aleppo, Russia, Iran, Rashidin, AFP, Syrian, Beirut, Atlanta
LONDON — British lawmakers voted on Friday in favor of a landmark bill that would for the first time help terminally ill adults end their lives. Assisted suicide is currently illegal in Britain and carries a prison sentence of up to 14 years. While the current prime minister Keir Starmer has previously opposed assisted dying, he has not said how he plans to vote Friday. But former-Conservative Prime Minister David Cameron this week said that he had reversed his opposition to the U.K. bill. The former prime minister wrote that the bill would apply to a very small number of cases and that “the NHS exists to serve patients and the public, not the other way around.”
Persons: , Kim Leadbeater, James Manning, , ” Gordon Macdonald, YouGov, Keir Starmer, Esther Rantzen, Switzerland …, , , Gordon Brown, — Theresa May, Boris Johnson, Liz Truss, David Cameron, Cameron, Wes Streeting — Organizations: LONDON, Labour Party, Getty, Sky News, Labour, Conservative, The, London, National Health Service Locations: Canada, Australia, England, Wales, Britain, London, Netherlands, U.K, Switzerland, The Times
SEOUL, South Korea — Starbucks, one of the world’s most recognizable, if sometimes tedious, symbols of global capitalism, has a knack for choosing unique spots to open coffee shops. As of Friday, visitors to Aegibong Peace Ecopark near Gimpo, South Korea, can take in the views across the demilitarized zone and the North Korean border. “People used to think of this area near the North Korean border as a dark and gloomy place,” Kim Byung-soo, mayor of Gimpo, told NBC News. The coffeehouse’s patrons can see a North Korean village on Songaksan Mountain, as well as the environmental preservation area that the civilian-free DMZ is home to. An observation deck at a Starbucks in Gimpo, South Korea.
Persons: Baek Hea, ” Baek, SeongJoon Cho, ” Kim Byung, Kim Jong Un, Lim Jong, chul Organizations: Starbucks, Reuters, Bloomberg, Getty, NBC News, Vietnam Locations: SEOUL, South Korea, Prague, Cordoba, London, Gimpo, Korean, Seoul, North Korea, Pyongyang, Korea, Gaepung County
Unlike Taiwan’s ubiquitous bubble tea, mixiang tea is still highly limited and largely off-the-radar. Mixiang tea goes globalNatalie Chiu and Charlie Winkworth-Smith, food scientists and founders of sparkling tea brand Saicho. The farmers couldn’t afford to lose their entire harvest, so they decided to go ahead and roast the bug-bitten tea leaves anyway. Lee says his Gui Fei tea is so popular it often sells out before it can even hit the retail market. Their two sons have joined the family business in recent years and help promote Gui Fei tea whenever they can.
Persons: Lee Ming, cheng, Gui Fei Oolong, Dong Ding Oolong, Oolong, Tea, Natalie Chiu, Charlie Winkworth, Smith, Saicho —, , Junjie Lin, , Lin, Winkworth, Chiu, they’re, Clint Liang, Liang, Dong Ding, “ Gui Fei, Gui Fei, Lee, Chiang, Kuo Huan, don’t, Kuo, Maggie Hiufu Wong, Lee Te Organizations: CNN, Saicho, Harrods, Michelin, Tokyo Chuo, Growers Locations: Nantou, British, Hong Kong, Taiwan, United Kingdom, London, Taipei, Fujian, Lugu, Tokyo, Hsinchu, it’s, Nantou County, Songshan District, Hualien
UK lawmakers vote to allow assisted dying
  + stars: | 2024-11-29 | by ( Rob Picheta | ) edition.cnn.com   time to read: +5 min
London CNN —British members of parliament have voted to legalize assisted dying, approving a contentious proposal that would make the United Kingdom one of a small handful of nations to allow terminally ill people to end their lives. The bill must still clear the House of Lords and parliamentary committees, but Friday’s vote marked the most important hurdle. Canada, New Zealand, Spain and most of Australia allow assisted dying in some form, as do several US states including Oregon, Washington and California. MPs were given a free vote on the issue, meaning they can support either side according to their conscience, with no political ramifications. Polling indicates that a comfortable majority of the public supports assisted dying.
Persons: Esther Rantzen, ” Rantzen, , ” Rachael Maskell, Rantzen, Jordan Pettitt, Tristan Osborne, Maskell, , we’ve Organizations: London CNN, BBC, Labour, CNN, Health Service Locations: United Kingdom, Britain, Canada , New Zealand, Spain, Australia, Oregon, Washington, California, Westminster, Switzerland, Netherlands, Canada, England, Wales
London CNN —Next week, Catherine, Princess of Wales is set to make her biggest return to royal duties since revealing that she had completed her chemotherapy treatment earlier this year. It’s a welcome signal if we remember that the Princess of Wales was forced to skip a state visit by the Emperor and Empress of Japan in June as she was undergoing chemotherapy. Max Mumby/Indigo/Getty ImagesThe extravagant procession will be followed by lunch at Buckingham Palace and a cultural exhibition. Preparations in the ballroom at Buckingham Palace on June 25, 2024, ahead of a state banquet during the three-day visit by Japan's emperor and empress to Britain. She also missed the annual Diplomatic Corps reception at Buckingham Palace last week, which was held to celebrate foreign diplomats in London.
Persons: Catherine , Princess, Kate, Prince William, Princess, Wales, Emperor, Emir Sheikh Tamim bin Hamad Al Thani, Sheikha Jawaher, King Charles, Queen Camilla, King Charles III, Emperor Naruhito, Empress Masako of Japan, Max Mumby, Prince of Wales, Sheikha, It’s, Aaron Chown, Organizations: CNN’s Royal, London CNN, Horse Guards, Qatari, Household Cavalry, Buckingham Palace, Royal Collection Trust, Westminster Abbey, Britain’s, Getty, Buckingham, Kensington Palace, CNN Locations: London, Qatar, United Kingdom, Buckingham, Japan, St, Westminster, Britain, AFP, Southport
CNN —Saturday’s friendly between the England Lionesses and the US Women’s National Team (USWNT) is much anticipated for a number of reasons, but it holds extra significance for Emma Hayes. The 48-year-old was named as USA head coach in 2023 and began working in the role in May this year. The upcoming match at Wembley Stadium sees her return to her home city, where she made history in English soccer with west London side Chelsea. “I think it will be tricky when the national anthem plays,” Hayes told CNN Sport’s Amanda Davies. ‘I’ve always wanted to create these situations’Hayes started her coaching career in New York before serving as an assistant coach at Arsenal and a stint in charge of the National Women’s Soccer League’s Chicago Red Stars.
Persons: CNN —, Emma Hayes, ” Hayes, Amanda Davies, , ‘ I’ve, ’ Hayes, Hayes, Chelsea, Molly Darlington, Sarina Wiegman, , “ I’ve, Claudio Villa, Brit Organizations: CNN, England, US, National, Wembley, Chelsea, American, USA, TNT Sports, Arsenal, Soccer, Chicago Red Stars, Super League, Reuters, FIFA, Paris Olympics, Germany, Paris Locations: USA, London, New York, England
In today's newsletter, we're looking at how Nvidia expanded nearly 20-fold in just over 20 years . The big storyNvidia's meteoric riseNvidia's workforce has increased more than 20-fold in the last twenty years. The data behind the evolution of Nvidia's workforce tells the story, BI's Emma Cosgrove writes. Nvidia's workforce has grown nearly 20-fold since 2003. In 2019, Microsoft's median employee salary was nearly $20,000 higher than a Nvidia worker.
Persons: Hallam Bullock, London ., Anna Kim, Getty, Tyler Le, BI's Emma Cosgrove, Andy Kiersz, it's, Emma, Ella Hopkins, Milan Sehmbi Organizations: Business, Nvidia, Citi, Tech, Google, Microsoft, Apple Locations: London, Silicon Valley
“We had hoped that this agreement would be comprehensive and include the Gaza Strip, or at least a deal would be reached on a ceasefire and end the ongoing suffering here,” said Nasser, 40, who has been displaced from his home in northern Gaza. “There are great concerns here in the Gaza Strip that the ceasefire in Lebanon will become a reason for expanding military operations here in the Gaza Strip,” he added. On Thursday, Israeli strikes killed at least 17 Palestinians across the Gaza Strip as forces continued their bombardment of central areas and pushed farther north and south in the enclave. Israeli officials deny they are blocking aid. 'Deeply disappointed'Hostage families, meanwhile, have again voiced their dismay that there has been no apparent progress in their quest to have those who were taken on Oct. 7 returned.
Persons: Khan Younis, Mohammed Nasser, , , Nasser Organizations: NBC News, International Committee, United Nations Relief, Works Agency for Palestine Refugees, ” International Locations: Gaza, Khan, Lebanon, Israel, U.S
After the phone chat late Wednesday, Trump wrote on social media that the Mexican leader had agreed to stop immigration through Mexico and to the United States. “Just had a wonderful conversation with the new President of Mexico, Claudia Sheinbaum Pardo. She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border,” he said in a post on Truth Social. “In our conversation with President Trump, I explained to him the comprehensive strategy that Mexico has followed to address the migration phenomenon, respecting human rights,” she said on X. Trump said the tariff will remain until “Drugs, in particular Fentanyl and all Illegal Aliens stop this Invasion of our Country!”
Persons: , Donald Trump, Claudia Sheinbaum, Trump, Claudia Sheinbaum Pardo, , Sheinbaum, she’d, ” “ Organizations: , , U.S Locations: Mexico, United States, Canada, China, U.S
Now Kimberly is having to navigate her way through life without her beloved husband, while residing in the destination that they chose to start afresh in. Putting down rootsIn 2021, the couple visited Portugal and decided to settle there. “It’s hard to learn Portuguese, because Portuguese people want to practice their English,” she says. “I really don’t want to start over,” she says, adding that she’s not ready to move Mark’s stuff anywhere. But while Portugal may not be filled with decades of memories of Mark, her grief remains inescapable regardless.
Persons: Kimberly Walker, Mark, , ” Kimberly, There’s, Kimberly, they’d, , we’d, Mark jetted, ’ ” Kimberly, she’s, It’s, it’s, I’ve, She’d, she’d, Honey, I’m, she’ll, hadn’t, “ There’s Organizations: CNN, Golden State, CNN Travel, San, downer Locations: San Diego , California, Poland, Montenegro, Australia, Portugal, United States, Europe, Southern California, San Diego, Amsterdam, Denmark, Brussels, Germany, France, Spain, Italy, United Kingdom, New Zealand, , Vilamoura, Algarve, America, Ireland, Kimberly, Norway, California, Oxfordshire, London, Portuguese
KYIV, Ukraine — In a snow-covered forest outside Kyiv, the “Witches of Bucha” are training to defend their city from a constant bombardment of Russian missiles and drones. The volunteer civil defense force, which is 90% women, is primarily tasked with defending the skies, shooting down the Iran-made Shahed drones that arrive nearly every night. Tetyana said that her husband and brother have both been killed in the war, and that her nephew in the army has been reported missing. “My whole word was destroyed,” said Tetyana, 41, who, in keeping with Ukrainian military protocol, declined to give her last name. Volunteering with the group gives her an outlet to channel her rage, she said.
Persons: Bucha, Tetyana, Locations: KYIV, Ukraine, Kyiv, Russian, Iran, Bucha
“Conclave” could hit the sweet spot for Oscar voters, with its blend of taut airport paperback thrills and contemporary social relevance. The first “Dune” scored 10 nominations at the 94th Academy Awards in 2022 and won six awards that night — the most of any movie in contention — including best sound, best production design, best cinematography, best film editing and best visual effects. Villeneuve is also a favorite with Oscar voters thanks to previous nominated titles like “Sicario,” “Arrival” and “Blade Runner 2049.”How to watch: Stream on Max. ‘Gladiator II’Ridley Scott’s “Gladiator” conquered the Academy Awards more than 23 years ago, winning five trophies, including best picture and best actor, for Russell Crowe. ‘Wicked’The most inescapable blockbuster of the holiday season could cast a spell on Oscar voters.
Persons: publicists, , “ Oppenheimer ”, , Debra Birnbaum, ‘ Anora, Mark Eydelshteyn, Mikey Madison, Sean Baker's, Sean Baker, , “ Anora ”, Palme, Baker, Bong, ’ Brady Corbet, Mona Fastvold, Adrien Brody, Corbet, Steve McQueen, Saoirse Ronan, Elliott Heffernan, Edward Berger, Ralph Fiennes, Stanley Tucci, John Lithgow, It’s, Oscar, ” Denis, Timothée Chalamet, Villeneuve, ‘ Emilia Pérez ’, Jacques Audiard’s “ Emilia Pérez, Emilia Pérez ”, Karla Sofía Gascón, Selena Gomez, Adriana Paz, Zoe Saldaña —, ’ Ridley Scott’s, Russell Crowe, Scott, Paul Mescal, Pedro Pascal, Connie Nielsen, RaMell Ross, Dozier, Ross, Colson Whitehead, Jesse Eisenberg, Kieran Culkin, ” Eisenberg, Eisenberg, Oscar prognosticators, Culkin, HBO’s, Peter Sarsgaard, Roone Arledge, John Magaro, Ben Chaplin, Greg Kwedar, Colman Domingo, Paul Raci, Jon, Adrian “ J.J, ” Velazquez, NBC’s “, Cynthia Erivo, Ariana Grande, Nicole Kidman, Harris Dickinson, ” Luca Guadagnino’s, James Mangold’s “, Bob Dylan, ” Malcolm Washington’s, Mohammad Organizations: Cannes Film, Cannes, Lion, Apple, Oscar, NBC News, Comcast, Netflix, Denzel Washington, Dozier School for Boys, 51st Telluride Film, Sundance, ABC Sports, ABC, Sing Sing, , Arts, Universal Pictures, Locations: Hollywood, Los Angeles, Florida, Brooklyn, Russian, Hungarian, United States, Venice, America, Nazi, Amsterdam, London, , Max, Marianna, Poland, Munich, Telluride, Sing, New York, Iran
London CNN —A Banksy mural in Bristol, southwestern England, is set to be sold at auction next year, along with the building it was created on. “Well Hung Lover” was painted on the side of a building on Bristol’s Frogmore Street in 2006, with the city’s residents later voting to keep the mural. The building, which once housed a sexual health clinic, will be put up for auction by Hollis Morgan, an estate agency and auction house in Bristol. While the future owner has to ensure the “Well Hung Lover” stays put, they have no obligation to maintain it. Last year, a Banksy mural in Dover, southern England, valued at around £1 million ($1.2 million), was lost for good after the building it was painted on was knocked down.
Persons: London CNN —, Hollis Morgan, , weathers, it’s Organizations: London CNN, European Union, Britain Locations: Bristol, England, Dover
850-Year-Old Smithfield Meat Market in London to Close
  + stars: | 2024-11-28 | by ( Mark Landler | ) www.nytimes.com   time to read: 1 min
For 22 years, John Burt has cut and trimmed steaks, chops and roasts in a butcher shop across the street from Smithfield, the oldest meat market in London. In that time, he said, he has watched the market’s slow decline, from a carnivore’s bustling bazaar to a hulking relic of an earlier London. Still, the news this week that Smithfield will close — its owner, the City of London Corporation, killed a plan to move the market to a new site in East London — came as something of a jolt to him. “I’m sad about it,” said Mr. Burt, 64, whose shop is separate from the market and will stay in business. “You wouldn’t have thought that Smithfield Market would ever shut down because it’s been around since the time of Henry VIII.”
Persons: John Burt, East London —, , , Burt, it’s, Henry VIII Organizations: City of London Corporation Locations: Smithfield, London, City, East London
AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.
Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, , Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea
Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty ImagesGeopolitical tensions are brewing globally over the cutting of subsea cables — critical infrastructure powering cross-border internet connectivity — in the Baltic Sea. Zoom In Icon Arrows pointing outwards A data visualization map showing the C-Lion1 undersea cable which connected Finland and Germany. Arelion, the company which owns it, told CNBC data traffic was rerouted to alternative links as it worked to repair the cable. Repairing subsea cables is no mean feat, according to Andy Champagne, senior vice president and chief technology officer of Akamai Labs. And, when there is an issue with a subsea cable, repairing it is a non-trivial job."
Persons: Mikkel Berg Pedersen, Ritzau Scanpix, it's, Andy Champagne, Martin Lee, Lee, Elina Valtonen, CNBC's, Valtonen Organizations: Afp, Getty, CNBC, Cinia, BCS, West, Telia, Akamai Labs, Cisco Locations: Baltic, Finland, Sweden, Ukraine, Russia, Germany, Finnish, Central Europe, Lithuania, West Interlink, Telia Lithuania, China, London
AdvertisementDonald Trump said he'd put in place 25% tariffs on Mexican and Canadian imports upon taking office. This would push up prices for US-assembled cars by an average of $2,100, according to Wells Fargo. President-elect Donald Trump's proposed tariffs on Mexico and Canada would drive up the price of cars assembled in the US by an average of $2,100, according to estimates made by analysts at Wells Fargo. "Autos are stuck in the middle of Trump's geopolitics," the analysts said in a note on Wednesday, per Fortune. AdvertisementHowever, he said doing so may be more difficult than Trump expects due to massive US investments in Mexico.
Persons: Donald Trump, he'd, Donald Trump's, Trump, Wells Fargo, Wells, Claudia Sheinbaum Pardo, Sheinbaum, Colin Lewis, Marcelo Ebrard Organizations: , Motors, Ford Motor Company, Ford, London School of Economics, Trump, Ebrard, ~$ $ Locations: Wells Fargo, Mexico, Canada
LONDON — The British military has increased security around four air bases in the country that are used by U.S. forces after "a number" of drones were spotted near them, the U.S. Air Force said Wednesday. The drones fluctuated in “size and configuration,” the Air Force said. U.S. and British officials declined to say how many drones had been spotted, or who might be behind them. The RAF Lakenheath, RAF Mildenhall and RAF Feltwell bases are in southeast England, about two hours north of London. The fourth base, RAF Fairford in Gloucestershire, is around 150 miles southwest of the other facilities.
Persons: Pat Ryder, We’re, David Goddard, Organizations: U.S . Air Force, Civil Aviation Authority, Pentagon, RAF, U.S . Air Force's, Fighter, Getty, RAF Mildenhall, U.S, Air Force, U.S . Air Forces, Security Forces Locations: U.S, Europe, England, London, RAF Fairford, Gloucestershire
After almost 14 months of deadly bombings, the skies above southern Lebanon and northern Israel were quiet Wednesday as a ceasefire negotiated by the United States took effect. In northern Israel, 60,000 people have been forced from their homes, with 80 soldiers and 50 civilians killed, according to local officials. He did not say when those displaced by the fighting might be able to return to their homes in northern Israel. The Israeli military, which has not yet withdrawn from southern Lebanon, said the opposite. Nahariya, northern Israel, seen here Wednesday, is one of the areas affected by the conflict.
Persons: Joe Biden, Benjamin Netanyahu, Hala Saeed, Nidal Solh, ” Kamal al, Haj Ali, Netanyahu, , Israel, , Nabih Berri, , Avichay Adraee, Jake Sullivan, Biden, Ahmad Gharabli, Itamar Ben Gvir Organizations: United, Hezbollah, Associated Press, Getty, AP, United Nations, UNHCR, Israel Defense Forces Arab, IDF, European Union, Palestinian, MSNBC, Channel, Netanyahu's, National Locations: Lebanon, Israel, United States, Iran, Lebanese, AFP, Sidon, Gaza, Washington, France, Syria, , , Middle, Egypt, Turkey, Qatar
A man who went missing for 25 years was reunited with his family after a friend spotted him in a newspaper report on missing people, police said Tuesday. The article was headlined "He's been in an LA hospital for weeks and they have no idea who he is. A detective from LAPD's Missing Persons Unit came to the hospital and fingerprinted the man, confirming he was the same person who went missing in 1999. The family has asked for their identities not to be revealed, the sheriff's office said. The family will be reunited soon," the sheriff's office said.
Persons: Derek Kennemore, , He's, Kennemore Organizations: Francis Medical Center, Staff, LAPD's, Persons Unit Locations: Los Angeles, Lassen County, California, Doyle , California, USA, Lynwood , California
AdvertisementThe Wildlife Photographer of the Year contest released its finalists for its People's Choice Award. The winner of the contest, hosted by London's Natural History Museum, will be announced in February. The Natural History Museum in London hosts an annual Wildlife Photographer of the Year contest, inviting wildlife and nature photographers from around the world to participate. This year, a panel of judges shortlisted 25 images from 59,228 entries for its People's Choice Award. The top five People's Choice Award images will also be displayed on voting screens at the Wildlife Photographer of the Year exhibition in South Kensington until 29 June 2025.
Persons: Douglas Gurr Organizations: Urban Wildlife, Wildlife Locations: London, South Kensington
Ikea warns Trump’s tariffs could push up prices
  + stars: | 2024-11-27 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +4 min
“We have never experienced a period of benefit when we had high tariffs,” he said, referring both to Ikea and the global economy. We will need to understand and adapt.”On Monday, President-elect Trump promised massive hikes in tariffs on goods coming from Mexico, Canada and China. The bulk of Ikea’s goods — some 70% — are produced in Europe, with the remaining 30% made in Asia, mostly China. Last year, Ikea cut prices on roughly 2,000 products — at a cost of more than €2 billion ($2.1 billion) — to give inflation-weary consumers a break. Ikea's Frakta bag displayed in Munich during a celebration of the brand's 50th anniversary in Germany on October 17, 2024.
Persons: Donald Trump’s, ” Jesper Brodin, , Trump, Claudia Sheinbaum, Tom Madrecki, General Mills, Molson, Ikea’s Brodin, Hus, Johannes Simon Organizations: London CNN, Ingka, CNN, Ikea, Consumer Brands Association, Molson Coors, Oxford Locations: Mexico, Canada, China, United States, Europe, Asia, Munich, Germany, Wembley, Croydon, London
Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the "low liquidity and trading volumes" of its shares on the exchange. Just Eat Takeaway will delist from the London Stock Exchange next month, in a blow to the U.K.'s ambitions to attract more high-growth tech firms to its stock market. After completing a review of optimal listing venues, the Anglo-Dutch food delivery firm said Wednesday that it intends to delist from London's stock exchange, making Amsterdam Just Eat Takeaway.com's sole trading venue. It has requested that the LSE and the Financial Conduct Authority, the U.K.'s markets watchdog, cancel its listing, so that it can remain primarily listed on the Amsterdam exchange. The delisting will become effective from 8 a.m London time on Dec. 27, while Dec. 24 will mark the last date of trading of Just Eat Takeaway's shares on the LSE.
Organizations: London Stock, London Stock Exchange, LSE, Financial, Authority, London Locations: Amsterdam, New York
A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. Allen also claimed that the company has failed to update the age of its aircraft fleet. The Toronto-listed shares of the company have struggled this year, posting a 2% gain while the broader Canadian stock market has risen by nearly 25%. At the time of Allen's presentation slide titled "Cargojet is expensive," the stock was trading at 27 times earnings and 3.5 times tangible book value. In comparison, traditional airline Lufthansa trades at 7 times earnings, and United Airlines is valued at 9 times earnings estimate.
Persons: Edgar Allen, Ajay Virmani, Allen, they've, Cargojet, They've, Konark Gupta, Gupta, Allen's Sohn, Walter Spracklin, Fadi Chamoun, Chamoun, Drake, Elon Musk, Virmani Organizations: Cargojet, Investment Management, Sohn, United Parcel Service, Federal Express, CNBC Pro, CNBC, Scotiabank, RBC Capital Markets, BMO Research, Lufthansa, United Airlines, Elon Locations: London, Ontario, CJT, Toronto
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