DIRS.INFO The most relevant business & tech news

SYDNEY, Nov 15 (Reuters) - Novak Djokovic has been granted a visa to play in the Australian Open in January, Guardian Australia and state broadcaster ABC reported on Tuesday. Djokovic, who is Serbian, was deported from Australia in the leadup to the Grand Slam in January after he declined to be vaccinated. The ABC said it had confirmed Immigration Minister Andrew Giles had overturned that ban, allowing Djokovic to compete. A spokesperson for Australia's immigration ministry declined to comment on the reports. Australian Open tournament director Craig Tiley said this month that Djokovic would be welcome in January if he could get a visa, but that Tennis Australia was unable to lobby on his behalf.

Sydney CNN —Australia will overturn a three-year ban on tennis player Novak Djokovic entering the country, paving the way for the former world No. 1 to contest the 2023 Australian Open. Australia’s Immigration Minister Andrew Giles will repeal the ban, a source with direct knowledge of the matter told CNN on Tuesday. Earlier on Tuesday, Tennis Australia’s CEO Craig Tiley said he was hopeful Djokovic will play at the Australian Open in January next year. “There’s a normal visa application process that everyone is going through right now, and everyone will go through the right timing,” Tiley told told the Australian Associated Press (AAP) news agency.

After learning about its Russian roots from Reuters, it removed Pushwoosh software from seven public-facing apps, citing security concerns. The U.S. Army said it had removed an app containing Pushwoosh code in March because of the same concerns. Pushwoosh code has been embedded into almost 8,000 apps in the Google and Apple app stores, according to Appfigures, an app intelligence website. "We haven't found any clear sign of deceptive or malicious intent in Pushwoosh's activity, which certainly doesn't diminish the risk of having app data leaking to Russia," he added. The CDC apps that contained Pushwoosh code included the agency's main app and others set up to share information on a wide range of health concerns.

They poured onto the streets of Kherson early Saturday, hugging police officers and waving the blue-and-yellow Ukrainian flag to celebrate the city's second day of liberation. In a separate message on Friday, the documentary filmmaker said he was in downtown Kherson when a vehicle carrying Ukrainian soldiers swept by that afternoon. Residents celebrate after Russian forces evacuated Kherson, Ukraine on Friday. Elsewhere, Russian state news agency Tass quoted Aleksandr Fomin, an official in Kherson’s Kremlin-appointed administration on Saturday as saying that Henichesk, a city on the Azov Sea some 125 miles southeast of Kherson city, would serve as the region’s “temporary capital” after the withdrawal. But it did not “change the underlying factors that will eventually mean Russian or Ukrainian success,” he added.

☆ ‘Revolver Special Edition’ Review: The Beatles’ Best
▼ + stars: | 2022-11-09 | by ( Allan Kozinn | ) www.wsj.com time to read: +1 min

Until about a decade ago, it was generally agreed that “Sgt. Pepper’s Lonely Hearts Club Band” (1967) was the Beatles’ creative peak, with “Abbey Road” (1969) a close runner-up. But in recent years, “Revolver,” released in August 1966, has started to eclipse “Sgt. Pepper,” not only as a fan favorite, but also as the band’s most innovative album. The new “Revolver Special Edition,” released by Apple Corps Ltd./Capitol/UMe on Oct. 28, makes a solid case for that reconsideration.

☆ U.S. bond yields still have 'higher to rise,' analyst says
▼ + stars: | 2022-11-07 | 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 EmailU.S. bond yields still have 'higher to rise,' analyst saysGiles Keating, board member at Bitcoin Suisse, says bond yields are "still structurally too low."

☆ European shares jump as luxury stocks, miners rally amid Fed pivot hopes
▼ + stars: | 2022-11-01 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +3 min

SummarySummary Companies Luxury stocks lift euro zone blue-chipsMining, energy stocks rise on higher commodity pricesFed's two-day meeting to start later in the dayMonte dei Paschi up as cash call 93% coveredNov 1 (Reuters) - European shares jumped on Tuesday, boosted by miners and luxury stocks, amid rising hopes that the U.S. Federal Reserve would slow down the pace of its interest rate hikes next month. The pan-European STOXX 600 index (.STOXX) rose 1.2% by 0905 GMT, kicking off November on a solid footing and hovering at their highest in more than six weeks. The EURO STOXX 50 index (.STOXX50E) gained 1.2% after luxury giants including LVMH (LVMH.PA), Kering (PRTP.PA), Hermes International (HRMS.PA) and Pernod Ricard (PERP.PA) jumped between 2.2% and 3.9%. Miners in Europe (.SXPP) leapt 3.0% while oil & gas stocks (.SXEP) added 1%, as prices of oil and industrial metals rose against declines in the dollar. ECB President Christine Lagarde said the central bank must keep raising interest rates to fight off inflation even if the probability of a euro zone recession has increased.

☆ Dollar rises amid suspected BOJ intervention; pound choppy as Sunak gets top job
▼ + stars: | 2022-10-24 | by ( John Mccrank | ) www.reuters.com time to read: +4 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. Yen overnight volatility surged to its highest since Sept. 21, the day before the BOJ stepped in to prop up the currency for the first time since 1998. At 3:30 p.m. EDT (1930 GMT), the dollar was up 0.089% at 111.93 against a basket of six peer currencies. Sterling was last down 0.16% at $1.12915, off an overnight high above $1.14. The euro was last up 0.18% at $0.98805, while China's offshore yuan plummeted to a new record low against the dollar of 7.3322.

☆ VIEW Rishi Sunak to become Britain's new PM, UK markets rally
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +8 min

LONDON, Oct 24 (Reuters) - Former British finance minister Rishi Sunak will be Britain's next prime minister after his rivals quit the race, which analysts said had relieved some of the nervousness around the outlook for the UK economy, boosting domestic markets. The new Prime Minister needs to confirm their leadership team as soon as possible and provide clarity on their strategy for stabilising the economy and their policy priorities. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK:"Coming to a very rapid decision on who the prime minister is going be certainly breathes a sigh of relief into the markets. RUTH GREGORY, SENIOR UK ECONOMIST, CAPITAL ECONOMICS, LONDON:"The fall in gilt yields on the news today that Rishi Sunak will become the UK’s next Prime Minister has reduced the chances of a significant fiscal consolidation. With the pound, just because we have a new Prime Minister in place, all of the issues don't just go away and we still have remarkable strength being enjoyed by the dollar."

☆ ‘Diary of a Wimpy Kid’ author Jeff Kinney shares his book picks for middle readers
▼ + stars: | 2022-10-23 | by ( Megan Thomas | ) edition.cnn.com time to read: +5 min

CNN —When author Jeff Kinney started writing the “Diary of a Wimpy Kid” series more than 15 years ago, he set out to create a comic that would resonate with adults and live in the humor section of book stores. “I’m really glad that I didn’t know that I was writing for kids because I think that oftentimes when an adult writes a kid’s book, they start with the lesson in mind. And so the priority of the book becomes the lesson,” Kinney recalled in a recent interview with CNN. “Diary of a Wimpy Kid” has sold more than 275 million copies, according to its publisher, with book number 17 in the series, “Diper Överlöde,” releasing Oct. 25. Kinney's next "Wimpy Kid" book, "Diper Överlöde," releases on Oct. 25.

☆ The pound jumps against the dollar after Liz Truss resigns as prime minister, but more volatility could be in store for markets as political and economic risks linger
▼ + stars: | 2022-10-20 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

The pound rose against the US dollar Thursday as Liz Truss resigned as UK prime minister. Truss' 45 days in office were marked by turmoil in financial markets over her government's mini-budget. Analysts said market volatility may lie ahead as the UK looks for its new prime minister. Pound sterling rose as much as 1.1% to $1.1337 before paring the rise to 0.8%. To investors, the UK looks ungovernable, and its economy resembles that of an emerging market, not a G7 nation," he wrote.

☆ Analysis: World Cup could be nightmare before Christmas for Britain's supermarkets
▼ + stars: | 2022-10-19 | by ( James Davey | ) www.reuters.com time to read: +6 min

Retail executives say the World Cup, moved to the winter to avoid the intense Qatari summer temperatures, has totally thrown the algorithms they increasingly use to predict trading and plan their logistics. "It's also an executional headache, because right when you want to have everything Christmas out, you've got to somehow reflect slabs of booze and snacking for the World Cup," he said. During the last World Cup in July 2018, which coincided with a prolonged period of hot weather, shoppers visited UK supermarkets an extra 13 million times, according to market researcher Kantar. Of course, customers visiting stores to buy festive goods could buy in World Cup supplies at the same time. "It's not going to be as big as the summer World Cup, that is clear," said Fraser McKevitt, head of retail and consumer insight at Kantar.

☆ It is 'unconscionable' that a major student-loan company would be involved in lawsuits that would 'rob millions' of borrowers of Biden's debt cancellation, a Democratic lawmaker says. She wants answer
▼ + stars: | 2022-10-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Rep. Cori Bush requested information from student-loan company MOHELA on its involvement in a lawsuit. Six GOP-led states recently argued Biden's debt relief would hurt the business operations of MOHELA. "It is unconscionable that your company—as one of the largest student loan companies in the world—would be involved in overtly political efforts to rob millions of their right to student loan debt relief," Bush wrote. "To date, your company has remained silent about the legal efforts filed on your behalf to halt President Biden's student debt cancellation program. Does MOHELA support efforts to block debt relief in an effort to preserve its own profits?

☆ U.S., UK to deepen cooperation on Russia, other sanctions -statement
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Oct 17 (Reuters) - The United States and Britain will further their cooperation on sanctions against Russia over its invasion of Ukraine as well as on other targets, top financial officials for the two allied nations said in a joint statement on Monday. "Over time, we expect to realize the benefits of our collaboration not only in relation to the sanctions imposed in response to Russia’s invasion of Ukraine, but also across other common sanctions regimes," Andrea Gacki, the head of the U.S. Treasury Department's Office of Foreign Assets Control, and Giles Thomson, the head of Britain's Office of Financial Sanctions Implementation, wrote. Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Heavey, Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.

☆ Artists say AI image generators are copying their style to make thousands of new images — and it's completely out of their control
▼ + stars: | 2022-10-16 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +11 min

"My name is being used a lot to generate AI images, along with the names of other working artists." "So if an AI is copying an artist's style and a company can just get an image generated that's similar to a popular artist's style without actually going to artists to pay them for that work, that could become an issue." Representatives from Open AI said both publicly available sources and images licensed by the company make up DALL-E's training data. Copyright laws around AI images are murkyIt's unclear whether copyright laws will protect the new artwork that AI programs generate. "I have friends in the industry who will storm out of the room if I even bring up using AI," he said.

☆ Russia is bruised as winter approaches. Can Ukraine land another blow?
▼ + stars: | 2022-10-13 | by ( Rob Picheta | ) edition.cnn.com time to read: +13 min

That blast, which was used by the Kremlin as a justification for Monday’s onslaught, bruised the Russian psyche and handed Ukraine a significant strategic boost. And the airborne strikes distract from what has been a dismal stretch for Russia in the ground war. They were “an indication of the nature of the threat from Russia,” Giles said. “The reopening of a northern front would be another new challenge for Ukraine,” Giles said. Beyond weapons supplies, Ukraine will be watching to ensure that Western resolve stays firm if Russia tightens energy supplies even further.

The blue-chip index (.FTSE) slipped 0.3% after dropping as much as 2.1% earlier in the session, while the more domestically focused FTSE 250 (.FTMC) eased 1.4%. The Bank of England said it would buy as many long-dated government bonds as needed between now and Oct. 14 to stabilise financial markets. read moreThe battered pound briefly dropped as much as 1% against the dollar, before paring some losses. Retailers (.FTNMX404010) slipped 0.5%, with online fashion retailer Boohoo Group (BOOH.L) slumping 6.4% after it cut its full-year outlook. read moreBurberry Group (BRBY.L) rose 4.3% after announcing Daniel Lee would be its new chief creative officer, replacing Riccardo Tisci, who is stepping down.

☆ Aldi UK's trading accelerates as shoppers seek savings
▼ + stars: | 2022-09-26 | by ( James Davey | ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterAn Aldi superstore is seen in London, Britain, September 29, 2018. Privately owned Aldi (ALDIEI.UL), which earlier this month overtook Morrisons to become Britain's fourth-biggest supermarket group, said operating profit fell to 60.2 million pounds ($63.8 million) in 2021 from 287.7 million pounds in 2020. The profit fall was blamed on investment to keep prices low, higher staff costs and COVID-19 related expenses. read moreHurley said the cost of living crisis is a time "when Aldi comes into its own". ($1 = 0.9433 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey; Editing by Jason Neely and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

But many campaigners believe King Charles III presents a unique opportunity: They think most royalism was actually fondness for the widely loved queen, and he — a new, less popular king — won't inherit this support. The English Civil War resulted in the beheading of King Charles I, before the "Glorious Revolution" saw English elites effectively choose a new monarch who gave lawmakers more rights. William, Prince of Wales, and Catherine, Princess of Wales, look at floral tributes to the queen at Sandringham Estate on Thursday. Some observers agree that Charles should be viewed in an entirely new light now that he is king. “The monarchy knows statesmanship is about knowing to give up what you can no longer keep,” she said.

Russian President Vladimir Putin’s renewed nuclear threats has raised fears that his plans for escalation in Ukraine may not be limited to mobilizing more troops. Desperate for a victory, the Russian leader allied his nuclear threats and call-up of reservists to a plan to annex occupied territory in Ukraine’s east and south. “Creating more ‘Russian’ territory is an attempt to scare the West because Russian nuclear doctrine has always maintained that nuclear weapons would only be used in defense of Russia directly. In fact, when Ukraine launched attacks on annexed Crimea this summer, a territory Moscow considers Russian, Putin did not reach for the nuclear button, O’Brien noted. And that victory, Putin hopes, could come through eroding Ukraine’s international support,” Giles said.

☆ Reactions: Putin mobilises more troops for Ukraine
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +20 min

Russian President Vladimir Putin makes an address on the conflict with Ukraine, in Moscow, Russia, in this still image taken from video released September 21, 2022. I think even with this Russia stuff it’s hard to see the market really rally a lot more from here ahead of the FOMC. From a geopolitical standpoint, Putin is frustrated that the war isn’t going his way and he’s threatening the west. "If it gets really, really bad, I'd expect the dollar to rise." This announcement by Putin to intensify the escalation in Ukraine definitely doesn’t help.

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 20, 2022. The continent-wide STOXX 600 index (.STOXX) was 0.1% higher, bouncing back after hitting its lowest level since early July. The indexes rose about 1.5% each as oil and other commodity prices climbed following the news of mobilisation. FEDWATCH"The 75 bps hike is priced in at this stage but where it gets interesting, is what's the terminal rate going to be?," said Giles Coghlan, chief market analyst, HYCM. Fortum (FORTUM.HE) shares surged 14.6% to the top of the STOXX 600, after Germany agreed to nationalise Uniper by buying the Finnish firm's stake.

☆ Former senior Obama advisor guides lobbying and policy strategy of London cryptocurrency firm
▼ + stars: | 2022-09-19 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The crypto industry has been ramping up lobbying around the world with potentially strict regulations on the horizon. The Biden administration released its framework on potential U.S. crypto regulations earlier this month, including ways that could help fight fraud. Kasselman described Messina as a critical guide to the company's lobbying and overall policy efforts. He noted that Messina is not a registered lobbyist, yet often advises their team on lobbying strategy. Kasselman credits Messina with the company hiring Ian Mair as Blockchain.com's head of U.S. policy and Giles Swan to run its European policy.

Crowds are following the funeral service on large television screens or from a radio broadcast on loudspeakers. People have arrived in London from all over Britain and the world to witness the state funeral of the monarch, who died on Sept. 8 aged 96. CELEBRATION OF LIFEShelly Chugg and Anita Evans, colleagues at Cardiff Council, left Wales at 1:00 a.m. to travel to London. "I was going to wear black, but it's a celebration of the Queen's life too, isn't it? About 33,000 people had filed past the queen's coffin during the 24 hours it was at St Giles' Cathedral in Edinburgh.

London (CNN Business) About 100 people who worked for Prince Charles could lose their jobs now he has become King, a labor union said Wednesday. The notices were handed out while a thanksgiving service for Queen Elizabeth was being held in St Giles' Cathedral in Edinburgh, Scotland, the newspaper reported. Those at risk of losing their jobs include private secretaries and people working in finance and communications roles, it added. The Public and Commercial Services Union (PCS) called for an "immediate halt to the redundancy process," adding that some of the employees had worked there for decades. "[The] decision to announce redundancies in the Royal Household during the period of national mourning is nothing short of heartless," the PCS said.

Search resuls for: "Giles"

25 mentions found