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Ed Sheeran signs autographs for fans – in hot sauce
  + stars: | 2024-08-14 | by ( Rosa Rahimi | ) edition.cnn.com   time to read: +2 min
London CNN —Ed Sheeran surprised fans at a supermarket outside of London on Tuesday, where he dished out pizza and signed his autograph for fans – in hot sauce. Sheeran announced the event, which was being held to promote his hot sauce line, “Tingly Ted’s,” on his Instagram story. Sheeran signed his autograph for fans using the sauce. A “lifelong ketchup and hot sauce obsessive,” according to the Tingly Ted’s website, Sheeran has the Heinz tomato ketchup label tattooed on his arm. He created the hot sauce to realize his dream of making “the ketchup of hot sauces,” it said.
Persons: London CNN — Ed Sheeran, Sheeran, Tingly, , Jeff Spicer, , Sainsburys, Ed Sheeran, shivers, Hayre, Tingly Ted’s, Instagram, Kim, Blake Lively, Tom Hanks, Kylie Jenner Organizations: London CNN, PA Media Locations: London, St . Albans
In today's big story, we're looking at how the startup landscape is drastically changing thanks to the entrance of private-equity firms and the rise of acquihires . Private equity is filling the gap left by a frozen IPO market and corporates unwilling or unable to cut deals, writes Business Insider's Melia Russell. Perhaps most importantly, a PE deal means equity holders get cash immediately, unlike an IPO that has some holding periods. Acquihires where the brains behind buzzy AI startups sell themselves (instead of the entire company) to bigger players are in vogue, writes BI's Ben Bergman and Sri Muppidi. Depreciation costs to massive GPU chip investments pose a huge risk for AI companies .
Persons: , You've, Alyssa Powell, Insider's Melia Russell, shivers, Samantha Lee, BI's Ben Bergman, Sri, acquihires, they'll, VCs, it's, Taylor Swift, Tyler Le, Fisker, Zuck, Elon Musk's, Mark Zuckerberg, Jenny Chang, Rodriguez, Biden, Donald Trump, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, SV Getty, Tech, guardrails, Character.AI, Getty, UBS, Mega, Revenue Locations: Europe, New York, London
Researchers and activists in the trenches of the long fight against H.I.V. got a rare piece of exciting news this week: Results from a large clinical trial in Africa showed that a twice-yearly injection of a new antiviral drug gave young women total protection from the virus. “I got cold shivers,” said Dr. Linda-Gail Bekker, an investigator in the trial of the drug, lenacaprivir, describing the startling sight of a line of zeros in the data column for new infections. and AIDS in South Africa, said it was “the best news ever.”The randomized controlled trial, called Purpose 1, was conducted in Uganda and South Africa. It tested whether the every-six-months injection of lenacaprivir, made by Gilead Sciences, would provide better protection against H.I.V.
Persons: , Linda, Gail Bekker, ” Yvette Raphael Organizations: H.I.V, Gilead Sciences Locations: Africa, South Africa, Uganda
CNN —When Elana Milman published an autobiography last year about her lifelong quest to find her birth parents, she had accepted she would never know the identity of her father. Courtesy Elana MilmanIt was only in her 30s that Milman finally discovered her birth certificate, which – after some meticulous research – led her to her birth mother in Canada. It showed she was 50% Ashkenazi Jewish and 50% Eastern European and revealed a match with a Polish woman living in France. Elana Milman is pictured at the Warsaw Ghetto monument during her recent visit to Poland. From left to right: Juliusz Gorzkoś, Elana Milman, their sister Ewa, her husband Wladek (kneeling), Gorzkos' wife Ania, Milman's granddaughter Yhali and Gorzkos' sons, Radek and Hubert.
Persons: Elana Milman, , Milman, , Eliezer, Hulda Rosenfeld, , Helena Lewinska, Franziska Lewinska, Palestine –, Elana, Eugeniusz, Milman –, Little, Gilad Japhet, Roi Mandel, Lewinska, MyHeritage, ” Mandel, Mandel’s, Juliusz, Shocked, Franziska, Franka, Yoseph Bursztajn, Diane, ” Gorzkoś, Gorzkoś, Ewa, Milman “ shivers, Juliusz Gorzkoś, I, Wladek, Gorzkos, Ania, Yhali, Radek, Hubert, Elena, Mandel Organizations: CNN, Nazi, MyHeritage, Armia Krajowa, Home Army, Technology Locations: Bergen, Belsen, Poland, Israel, Canada, Polish, Palestine, Europe, Kibbutz Merhavia, Haifa, Warsaw, Treblinka, France, Blizno, Germany
Dystopia has rarely looked as grim and felt as exhilarating as it has in George Miller’s “Mad Max” cycle. The thing is, it has started to feel less cool just because in the years since the original “Mad Max” opened in 1979, the distance between Miller’s scorched earth and ours has narrowed. Set “a few years from now,” the first film tracks Max Rockatansky (Mel Gibson), a highway patrol cop who has a semblance of a normal life with a wife and kid. Miller’s latest and fifth movie in the cycle, “Furiosa: A Mad Max Saga,” is primarily an origin story that recounts the life and brutal, dehumanizing times of the young Furiosa (Anya Taylor-Joy), the hard-bitten rig driver played by Charlize Theron in the last film, “Mad Max: Fury Road” (2015). As befits a creation story, “Furiosa” tracks Furiosa from childhood to young adulthood, a downward spiral that takes her from freedom to captivity and, in time, circumscribed sovereignty.
Persons: Dystopia, George Miller’s “, Max ”, Miller, shivers, Max Rockatansky, Mel Gibson, Max, gunning, Anya Taylor, Joy, Charlize Theron, , Fury, ” Max, Tom Hardy, Gibson, Alyla Browne, They’re, Furiosa, Charlee Fraser Organizations: Hall of Justice Locations: Auschwitz
"Look Again" authors Tali Sharot (left) and Cass R. Sunstein explore how seeing things with fresh eyes can improve happiness, relationships, work and community. The blessing comes as diminished sensitivity to negative stimuli; the curse is that insensitivity relieves the pressure to change things and maybe make life better. CNN: What do you recommend for people considering big life changes? Sunstein: The data we have suggests, if you’re seriously thinking of making a life change, you probably should. Research shows that when people on the fence about moving to a different city, taking a new job or some other big life change do take the plunge, they report being better off months later.
Persons: shivers, Simon, Shuster, Tali Sharot, Cass R, it’s, we’re, “ I’ve, Michael Lionstar, Ross Lincoln, I’m, they’re, you’re, you’ll, Jessica DuLong, Organizations: CNN, Harvard University, Shuster CNN, Variety Locations: Brooklyn , New York
Speaking at the Munich Security Conference, Harris offered a broad defense of the Biden administration’s approach to global challenges, especially in leading international support for Ukraine in its war with Russia. Her comments came as the Ukraine risks losing U.S. support due to congressional dysfunction and positions taken by Trump and many of his supporters. Harris sounded many of the same concerns and her comments were peppered with blunt criticism of Trump and his allies. Earlier this month, Trump sent shivers through Europe when he said he would not come to the defense of NATO allies that do not meet defense spending commitments. Harris said the Biden administration’s “sacred commitment to NATO remains ironclad.”“Imagine if America turned our back on Ukraine and abandoned our NATO allies and abandoned our treaty commitments.
Persons: Kamala Harris, Donald Trump’s, Harris, Biden, Alexei Navalny, , , ” Harris, U.N, Antonio Guterres, ” Guterres, Trump, shivers, Vladimir, Putin Organizations: , NATO, Munich Security, Ukraine, Trump, Hamas, America Locations: MUNICH, Russia, Ukraine, United States, America, Gaza, Israel, Rafah, Europe
Even the helmet of Chiefs quarterback Patrick Mahomes broke in the tundra like conditions. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22. It’s extreme temperatures.”What can be doneFor the Chiefs-Dolphins game, Kansas allowed spectators to bring blankets into Arrowhead Stadium, and there were warming stations and hot chocolate available to purchase.
Persons: Andy, shivers, Michael Hopkins, , Hopkins, Patrick Mahomes, Mahomes, Jay Biggerstaff, , ” Marshall Shepherd, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, , Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Scott Winters, Shepherd, ” Shepherd, , Andy Reid Organizations: CNN, Arrowhead, Kansas City Chiefs, Miami Dolphins, Kansas City Fire Department, Reuters, Buffalo Bills, Pittsburgh Steelers, University of Georgia, CNN Sport, ” Philadelphia Eagles, Tampa Bay Buccaneers, Eagles, NFC, Getty Images Buffalo Bills, Pittsburgh, Bills, USA, Sports Detroit Lions, Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Chiefs, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Network, Reuters New York Giants, Philadelphia Eagles, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Detroit Lions, Getty Images Atlanta Falcons, Getty, UPI, San Francisco 49ers, Seattle, Seahawks, The 49ers, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, Houston Texans, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, AP Miami Dolphins, Network Dallas Cowboys, Getty Images Kansas City Chiefs, Super, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Ford Field, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Highmark, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners, Buffalo, Kansas City, ” Chiefs, Facebook Locations: Kansas, Missouri, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, Detroit, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, Buffalo, Canada
Des Moines, Iowa CNN —The storied history of the Iowa caucuses has never seen anything like this. Haley: ‘The fellas are scared’Unlike DeSantis, Haley isn’t wagering her campaign on Iowa. Icicles hang from the roof as people arrive for a Haley campaign event at the Thunder Bay Grille on January 13, 2024, in Davenport, Iowa. Chip Somodevilla/Getty ImagesYet Iowa has has raised existential questions for the DeSantis campaign. And time is short, because the Iowa campaign is ending just as it began — with the former president on top.
Persons: shivers, Donald Trump, they’re, , Nikki Haley, Ron DeSantis, Iowans, ” Trump, Trump, , DeSantis, Haley, Chris Christie’s, she’d, Vivek Ramaswamy, Xi Jinping, Nigel Farage, , ” –, patriotically, we’re, caucusgoers, Ramaswamy, , Haley slugged, admonitions, Judge Arthur Engoron, Sharon Mancero, ” Mancero, Mancero, Joe Biden, he’s, Clinton, , Haley isn’t, She’s, ” Haley, Will Hurd —, Trump —, That’s, Win McNamee, that’s, George W, Bush, “ We’re, Mark Harris, Haley’s, Lovisa, Swede, ” Tedestedt, Chip Roy, Louis, Stanley, Chip Somodevilla, Joel Rudman, “ I’ve, ” Rudman, It’s, ” DeSantis, Biden, it’s, ” CNN’s Kit Maher, Veronica Stracqualursi Organizations: Des Moines , Iowa CNN, House, Former South Carolina Gov, Trump, Trump –, New, New Jersey Gov, “ Trump, Iowa Republicans, Capitol, Iowa, Des Moines Register, NBC, Republican, GOP, Republicans, Des Moines, Senate, CNN, New York Stock Exchange, Social Security, Jimmy Centers, Iowa Republican, South Carolina, Former Texas GOP, , White House, Ankeny, Haley, America, South Carolina Republican, Texas, Florida Panhandle, Centers Locations: Des Moines , Iowa, Iowa, week’s, Hampshire, Florida, New York, Washington, Cedar Rapids, Waterloo, Sioux City, New Jersey, British, Indianola, Clinton , Iowa, DeSantis, Des, Fox, Wall, Manhattan, New Hampshire, Cedar Falls, Ankeny, South, Davenport , Iowa, Granite, St, Hubbard , Iowa
When it comes to money, your mindset has a big impact on the way you spend, save, and invest. For me, four lessons from the book helped me improve my money mindset and invest more. Housel writes, "My own theory is that, in the real world, people do not want the mathematically optimal strategy. This is in line with some advice I've offered in my book "Dear Debt," regarding debt repayment. Reading "The Psychology of Money" was so fulfilling for me and helped me shift my money mindset out of anxiety and scarcity to feelings of "enoughness."
Persons: Reading Morgan, I've, , Morgan Housel, Warren Buffett, Buffett, it's, Housel, he's, there's, doesn't, Bill Gates, Gates, Kent Evans Organizations: Reading, Service,
Here’s what’s not up for debate: Social Security and Medicare are in financial trouble, and the nation’s debt is on an unsustainable trajectory. Spending on Social Security and Medicare is projected to soar as the nation ages, putting more pressure on Congress to address the programs. Advocates’ concernsAdvocates, however, argue that lawmakers can hide behind the debt commission and avoid taking individual blame for agreeing to benefit cuts. “The new speaker has made it clear he’s not a friend to seniors, Social Security or Medicare,” said Max Richtman, CEO of the National Committee to Preserve Social Security and Medicare. “So if you want to keep Social Security solid, you have to do all that stuff and a lot more.”This story has been updated with additional information.
Persons: Mike Johnson, shivers, Johnson, Here’s what’s, , That’ll, it’s, Max Richtman, , Joe Biden, Biden, Charles Blahous, ” Blahous Organizations: CNN, Social Security, Republican, Medicare, Congressional, Office, American Enterprise Institute, National Committee, Preserve Social Security, George Mason University, Committee, RSC
Listening to favorite songs could reduce people’s perception of pain, according to a new study published Wednesday in the journal Frontiers in Pain Research. And the most effective pain relievers were found to be sad songs detailing bittersweet and emotional experiences. He was not involved in the latest study but has conducted his own research on the relationship between pain and music. With millions of songs available, one person’s favorite song is likely not the same as another. While he didn’t research chills in this study, Valevicius hypothesized that these sensations might be signs of sensory gating.
Persons: CNN —, Adele, , Patrick Stroman, “ Cotton, , Darius Valevicius, shivers, Valevicius, Stroman, ” Jocelyn Solis, Moreira Organizations: CNN, Pain, Queen’s University, Sega, neurosciences, University of Montreal Locations: Kingston , Ontario, New York
Some castles and mansions around the world are said to be haunted. They tell the stories of those who came before, and those who many believe have yet to pass on. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementSome of the most haunted places in the world give us a deeper look into the history of past cultures.
Persons: , shivers Organizations: Service, Morgan House Locations: Trécesson, France, India
David A. Andelman David AndelmanThat is the clearest and most present danger to the security of Europe and the entire Western alliance. Fissures are appearing across the hitherto united Western front that can only be sending shivers of joy up Putin’s spine. Putin quite rightly appreciated the stakes — and the opportunity — when he first launched his heartless blockade of Ukraine’s grain, grain that helps feed not only Europe but also vast stretches of Africa now plunged into the threat of devastating hunger. Ukrainian President Volodymyr Zelensky addresses the UN General Assembly last week in New York City. The EU is weighing up a mammoth four-year, 20 billion euro ($21.3 billion) fund to finance weapons purchases for Ukraine.
Persons: David A, David Andelman, Vladimir Putin, shivers, Putin, Hungary —, Volodymyr Zelensky, Bryan R, Smith, hasn’t, , Mateusz Morawiecki, Andrzej Duda, Robert Fico, Fico, Olaf Scholz, , Mitch McConnell, , ” Robert I, Harvard Kennedy Organizations: CNN, French Legion of, The New York Times, CBS News, America, Republicans, NATO, European Union, UN, Assembly, Getty, Smer Party, , World Trade Organization, Ukraine, North, Times, Harvard Kennedy School’s Locations: Ukraine, Europe, Africa, Poland, Slovakia, Bialobrzegi, Warsaw, Hungary, New York City, AFP, New York, Moscow, ” Polish, Banovce nad Bebravou, ” Ukraine, EU, Russia, North Korea, Zelensky, London, America, China, ” China
Point72 is a pioneer in developing investor talent; the multi-manager has been running LaunchPoint, previously known as Nines, since 2012. More than 70 long/short managers have launched through LaunchPoint since it started in 2012, and 75% of those are still at Point72. They make up 50% of the firm's 100 long/short managers. For Point72, LaunchPoint was created with the idea that it can take two to three years to figure out how to be a PM. Point72"We saw that preparation really influenced the long-term success of new PMs," Weiner said.
Persons: Steve Cohen, Cohen, Harry Schwefel, Point72, Schwefel, Steve, haven't, It's, John Weiner, it's, John Pierson, Weiner, LaunchPoint, they've, Nick Shivers, Ariel Herman, Jon Weiner, Point72 LaunchPoint, Griffin Newman, Newman, Point72 Newman, Ryan Wilder, " Weiner Organizations: SAC Capital, Point72 Academy, P2 Investments, New York Mets, Point72, Brigade Capital Management, SAC Advisors, Bloomberg Locations: LaunchPoint, Point72
Italy slaps 40% windfall tax on bank profits
  + stars: | 2023-08-08 | by ( ) edition.cnn.com   time to read: +1 min
European bank shares tumbled on Tuesday after Italy approved a 40% windfall tax on banks for 2023, sending shivers across the sector that has recorded surging profits as global interest rates have risen. A gauge of euro zone banks fell 3.7%, and was set for its biggest daily drop since the turmoil in the banking sector in March, when Credit Suisse collapsed. Analysts at Bank of America estimated the new tax could cost Italian banks between 2% and 9% of their earnings. For 2023 alone, Italy will tax 40% of banks’ net interest margin, a measure of income banks derive from the gap between lending and deposit rates. Proceeds from the windfall tax will be used to help mortgage holders and cut taxes, Italy’s deputy prime minister said.
Persons: shivers, Intesa, , Gilles Guibout, Stuart Cole Organizations: Credit Suisse, Axa Investment, Bank of America, Spain’s Banco Santander, Germany’s Deutsche Bank, DB, Reuters, Equiti Locations: Italy, Europe, Spain, Paris
Philippines coach to depart after World Cup exit
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +1 min
Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group A - Norway v Philippines - Eden Park, Auckland, New Zealand - July 30, 2023 Philippines coach Alen Stajcic looks dejected after Philippines are knocked out of the World Cup REUTERS/David RowlandAUCKLAND, Aug 1 (Reuters) - Philippines coach Alen Stajcic will not renew his contract with the women's national team after their exit from the Women's World Cup, the Philippine Football Federation said on Tuesday. Their campaign ended on a disappointing note as they fell 6-0 to 1995 champions Norway on Sunday, as they missed the knockout stages. "Beating New Zealand on home soil and scoring our first World Cup goal and getting our first win was the things that dreams are made of," Stajcic said in a statement. It showed that football does belong in the Philippines," he added. Assistant coach Nahuel Arrarte, whose contract also expired at the end of the Philippines World Cup run, will also not be returning, the federation said.
Persons: Alen Stajcic, David Rowland AUCKLAND, Stajcic, shivers, Nahuel Arrarte, Amy Tennery, Muralikumar Organizations: Soccer Football, FIFA, World, women's, Philippine Football Federation, New Zealand, Norway, Filipinas, Philippines, Thomson Locations: New Zealand, Norway, Philippines, Eden, Auckland , New Zealand, Switzerland, New, Zealand, Auckland
But despite previous personality clashes and power ambitions, the 26 opposition leaders appear unified in one goal: to overturn Modi. India's opposition leaders announce their alliance in Bengaluru, India, July 18, 2023. APGathering of important partiesCoined to evoke a sense of nationalism ahead of the 2024 general election, the INDIA alliance in a statement last week emphasized its goal of upholding the country’s democratic institutions. Modi described the INDIA alliance as a “hardcore corruption convention,” adding the BJP was on course to clinch another victory in 2024. Sanchit Khanna/Hindustan Times/Getty ImagesNo clear leaderWhile the BJP can bank on the popularity of Modi, the INDIA alliance has not yet put forward a leader to challenge him next year.
Persons: Narendra Modi, Modi, Indira Gandhi, Rahul Gandhi, , Niranjan Sahoo, PM Modi, tabling, , Gilles Verniers, Sahoo, ” Sahoo, ” Rahul Gandhi, Sanchit Khanna, Gandhi, India’s, INIDA, shivers Organizations: New, New Delhi CNN, Developmental Inclusive Alliance, Bharatiya Janata Party, BJP, INDIA, Indian National Congress, Analysts, PM Modi’s BJP, New Delhi’s Observer Research Foundation, PM, Samajwadi Party, Aam Admi Party, Ashoka University and Co, Trivedi, Political, Congress, Ashoka University, Hindustan Times, Modi, Observer Research Foundation Locations: New Delhi, India, INDIA, Bengaluru, BJP, restive, Manipur, West Bengal, India’s, Uttar Pradesh, Delhi, Lok, Karnataka
Another source inside Barclays' investment bank, talking anonymously because they are not authorised to speak to the media, said lower staff attrition at its technology and back office operations had started to worry cost-conscious managers. The BCG review could lead to layoffs, the source familiar with the review said, although no decisions have been made. Some top Barclays investors, however, told Reuters they would have misgivings about a plan to prioritise investment over capital distributions. But a recent shake-up at its investment bank has raised concern about Barclays' ability to compete amid a worldwide dealmaking slump. They are not valued properly together," said Alan Beaney, chief executive at RC Brown Investment Management, which has held Barclays shares since 2012.
Persons: C.S, shivers, Richard Marwood, Venkat, Edward Bramson, Richard Buxton, Alan Beaney, Elisa Martinuzzi, Mark Potter Organizations: Barclays, Boston Consulting, Reuters, Royal London Asset Management, Lehman Brothers, Jupiter Asset, RC Brown Investment Management, BNP, HSBC, Reuters Graphics Barclays, Jefferies, Thomson Locations: U.S, Africa
June 28 (Reuters) - Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company "has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," Ray said, according to the Journal's report. The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussions. In the days leading up to the failure, customers of Sam Bankman-Fried's crypto exchange withdrew billions of dollars, hobbling the firm's liquidity. A rescue deal with rival exchange Binance also fell through, precipitating crypto's highest-profile collapse in recent years.
Persons: John Ray, Ray, FTX, shivers, Sam Bankman, Binance, Bankman, Manya Saini, Krishna Chandra Organizations: Wall Street, U.S, Thomson Locations: United States, Bengaluru
Time for world to dust off its post-Putin plans
  + stars: | 2023-06-26 | by ( Pierre Briancon | ) www.reuters.com   time to read: +3 min
LONDON, June 26 (Reuters Breakingviews) - Whatever happens after Vladimir Putin’s humiliation at the hand of his former protégé Yevgeny Prigozhin, the rest of the world sees the Russian president as wounded. The United States, Europe and China will need to dust off their post-Putin plans. The worst outcome would be a period of long uncertainty with different clans vying for power in Moscow. Confusion about who runs the show in the Kremlin would also send shivers among world governments worried about the fate of Russia’s nuclear weapons. And the balance of power in Russia, where vaguely liberal reformers have remained in charge of the economy, could be destabilised.
Persons: Vladimir Putin’s, Yevgeny Prigozhin, Putin, Prigozhin’s Wagner, Wagner, shivers, Xi Jinping, Alexander Lukashenko, Prighozhin, Sergei Shoigu, Staff Valery Gerasimov, Peter Thal Larsen, Katrina Hamlin Organizations: Reuters, The, Moscow, Kremlin, Russian Defense, Staff, Thomson Locations: Moscow, The United States, Europe, China, Ukraine, Belarus, Russia, Crimea, States, India, Prigozhin’s, Russian, Rostov
Amazon, Dropbox and Lyft had the biggest layoffs in the tech industry for April. Google and Meta Platforms are responsible for the most tech layoffs since the pandemic, according to Layoffs.fyi. Look at WARN notices in your stateSo-called WARN notices can help workers figure out if layoffs are coming, Vivian Tu, a former trader turned influencer who goes by "Your Rich BFF," said in a March Instagram video. However, sometimes companies can avoid releasing these notices by spreading out the layoffs, said Susan Houseman, director of research for the W.E. "So maybe you're going to lay off 75, say you lay off 40 one month and 26 the next to avoid WARN notice," she said.
Persons: Daniel Grill, , José Fernández, Lyft, Vivian Tu, influencer, BFF, Susan Houseman, Houseman Organizations: Challenger, Retailers, University of Louisville, Google, Worker, . Upjohn Institute, Employment Research
The housing market has totemic importance in Britain's consumption-driven economy and is closely linked to consumer confidence. The average mortgage rate on new two-year mortgage deals rose on Wednesday to 5.90%, according to property data provider Moneyfacts - the highest since December last year, in the aftermath of the mini-budget. "It takes a far lower mortgage rate to create the same amount of financial stress in terms of repayments as a double-digit mortgage rate did back in previous periods," Hudson said. Reuters GraphicsSTRESSThe question now is how mortgage market stress will feed through into the real economy. Jamie Lennox, director at broker Dimora Mortgages, said there was "no end in sight" for the trouble in the mortgage market.
Persons: Hannah McKay, Liz Truss, We're, Neal Hudson, Hudson, Jamie Lennox, shivers, BoE, Philip Shaw, Lucy Raitano, Iain Withers, Kirsten Donovan Organizations: REUTERS, Bank of England, Investors, HSBC, Reuters, Financial, Thomson Locations: London, Britain, BoE's
Kaija Saariaho: 11 Essential Works
  + stars: | 2023-06-02 | by ( Zachary Woolfe | ) www.nytimes.com   time to read: 1 min
Kaija Saariaho’s music, which often experiments with combinations of electronic and acoustic sounds, shivers and glimmers but never lacks forcefulness. Credit... Vincent Tullo for The New York Times
Persons: Kaija, shivers, Vincent Tullo Organizations: The New York
LONDON, April 19 (Reuters) - Singers Harry Styles and Kate Bush are among the nominees at next month's Ivors, the annual awards honouring songwriters and screen composers. Styles has three nominations overall, including best song musically and lyrically for "As It Was" and songwriter of the year alongside his collaborator Kid Harpoon. Tom Odell’s "Best Day of My Life", Katie Gregson-Macleod’s "complex", Sault's "Stronger" and Florence + the Machine’s "King" complete the Best Song Musically and Lyrically category. Box office hit "Avatar: The Way of Water" and psychological drama "Don't Worry Darling" are among the nominees for best original film score. Named after the early 20th century Welsh composer, actor and entertainer Ivor Novello, the Ivor Awards were first handed out in 1956.
Total: 25