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U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. Since last NFL season, Maine, North Carolina and Vermont have allowed sports betting operators to launch in their states. "The NFL season is our biggest acquisition period of the year," said Christian Genetski, president of FanDuel, the nation's leading sportsbook. Since then, Fanatics Sportsbook acquired PointsBet's U.S. operations and technology, which is now fully integrated. It first launched in November last year, smack in the middle of NFL season.
Persons: Joe Milton III, Kyu Blu Kelly, Scott Taetsch, Churchill, Christian Genetski, FanDuel, It's, Michael Rubin's, Sportsbook, Pavlo Gonchar, Matt King, King, DraftKings, Penn, Jay Snowden, Gabby Jones Organizations: New England Patriots scrambles, Getty, American Gaming Association, National Football League, NFL, International, Caesars, MGM Resorts, New York Stock Exchange, Rush Street Interactive, FanDuel, YouTube, PointsBet's, Lightrocket, CNBC, Penn Entertainment, ESPN Bet, Disney, ESPN, Bloomberg Locations: Landover , Maryland, Maine, North Carolina, Vermont, Florida, Washington, Penn, Entain, New York
I was able to meet new people, learn about myself a lot and travel around the world,” Ngamba added. The Refugee Olympic TeamThe Refugee Olympic Team gives forcibly displaced athletes an opportunity to participate on the highest sporting stage. The Refugee Olympic Team travel down the River Seine during the opening ceremony. Global refugee crisisNgamba’s bronze medal marks a significant moment for the Refugee Olympic Team and serves as an inspiration for millions of displaced people worldwide. The first ever medal for the Refugee Olympic Team symbolizes not only the resilience of Ngamba, but of all refugees striving for a better future.
Persons: Cindy Winner Djankeu Ngamba, Ngamba, ” Ngamba, Amanda Davies, I’ve, ” Yusra, , Markus Gilliar, GES Sportfoto, ” Mardini, , GB’s Lewis Richardson, Jack, “ Lewis, Lewis Richardson, Luke Hales Organizations: CNN, Refugee Olympic, Boxing, , Great Britain, The, Team, UNHCR Goodwill, Netflix, Olympic Team, Refugee Olympic Team, United Nations, Refugees, UNHCR, Olympics, Refugee Locations: Paris, Cameroon, United Kingdom, Great, , Southport, England
CNN —Team GB runner Rose Harvey completed the women’s marathon at the 2024 Paris Olympic Games despite having a broken leg, she said on social media. And according to the GB runner, scans after the race revealed Harvey had suffered a stress fracture to her femur. “But despite that most of my race goals having slipped away, there was still a tiny part of my Olympic dream that I could hang onto – and that was finishing the Olympic marathon. It was heartbreaking.”Harvey completed the Olympic women's marathon 78th overall with a time of 2:51:03. She had been selected to run for Team GB at the Paris Games after completing the 2023 Chicago Marathon in a time of 2:23:21, just 26 seconds off Hassan’s Olympic record time in Paris.
Persons: Rose Harvey, Harvey, ” Harvey, Harvey “, , Sifan Hassan, , Cameron Spencer, Phil Kissi, she’ll, I’ll, It’s Organizations: CNN — Team, Olympic Games, Pancras International, British, Getty, Team GB, Paris Games Locations: St, London, Battersea Park, Paris,
It was meant to be another night of violence at the hands of the far right. “It shows that when everyone comes out to support, their numbers dwindle.”Large crowds gathered at an anti-racism protest in Walthamstow on Wednesday, where far-right violence had been expected. The fury simmering in a subset of White Britain remains a live danger; these riots were shocking, but not entirely surprising. “I normally walk through this city center all the time,” Nadeem Akhtar, 18, told CNN in the northern English city of Sheffield, where angry riots took place. Tommy Robinson, the figurehead of Britain’s far right, was reinstated to X (then Twitter) days after Elon Musk bought the platform.
Persons: ” Ahmed Hussain, ” Nadeem Akhtar, don’t, , ” Jesse Bernard, , we’ve, Ian Forsyth, disruptors, Tommy Robinson, Elon Musk, Robinson, Justin Tallis, provocateur Laurence Fox, Fox, Starmer, Keir Starmer, Musk, Keir ” –, ” Paul James McDermott, , ” McDermott Organizations: London CNN, Police, CNN, Reuters, Elon, Getty, Britain’s, Downing Locations: Walthamstow, London, Britain, English, Sheffield, Middlesborough, Bristol, British
The Olympic Games are perhaps the biggest stage of them all for this theatre of feeling. Great Britain’s Andrea Spendolini-Sirieix had entered Tuesday’s individual 10m platform with a bronze in the 10m synchronized platform with partner Lois Toulson. Fred Sirieix, who has appeared on a number of well-known shows in the UK throughout his career, was at the Aquatics Centre watching Spendolini-Sirieix dive over the last few days. Spendolini-Sirieix showed us that sport isn't just about medals, records and wins. We’re here to see you.’ And at the end of the day, that’s all I can ask for,” Spendolini-Sirieix said.
Persons: Andrea Spendolini, Sirieix, Lois Toulson, , Fred Sirieix, China’s Quan Hongchan, Chen Yuxi, Manan Vatsyayana, Quan –, Chen, Quan, old’s, I’m, , I’ve, , It’s, ‘ We’ve Organizations: CNN, Olympic, Paris, Aquatics, Games, BBC, Aquatics Centre, Getty, British, Team GB, Olympic Games, Lifeline Locations: Doha, AFP, Chinese, Tokyo
CNN —Despite two athletes falling ill and an ongoing controversy around water quality in the River Seine in the run-up to the race, the mixed relay triathlon went ahead on Monday with Germany securing a dramatic gold medal in Paris. Both the men’s and women’s races eventually got underway on Wednesday, but the fallout has continued ahead of the mixed relay. Ongoing sagaThe decision to hold some swimming events in the River Seine raised eyebrows when it was first announced. Triathletes dive into the River Seine during the mixed relay race. The three were involved in a frantic sprint finish, with Lindemann just getting ahead to win Germany’s first triathlon medal in any discipline since 2008.
Persons: Claire Michel, Adrien Briffod, Hanspeter Betschart, “ We’ve, it’s, we’re, ” Carolyn Broderick, Germany’s Laura Lindemann, Piroschka Van De Wouw, Alex Yee, Germany’s Lindemann, USA’s Taylor Knibb, Lindemann, Hayden Wilde, Pierre Le Corre Organizations: CNN, Germany, Belgium, Swiss, Swiss Olympic, Games, Paris, USA, Reuters, Team, New Zealand Locations: Paris, Switzerland, Belgium, Seine, Britain, Tokyo, France, French
ETFs hold a collection of securities , like stocks or bonds, and so offer more diversification than a single asset. CNBC Pro asked Dennison for his top ETF picks that someone looking to invest $50,000 can buy and hold long-term. Avantis International Small Cap Value ETF Dennison says he's "very happy" with the Avantis International Small Cap Value ETF (AVDV-US). DFA Dimensional U.S. Small Cap Value ETF Another small-cap-focused ETF on Dennison's radar is the Dimensional US Small Cap Value ETF (DFSV-US), which owns companies that are "in corners of the market that are harder to reach." The Dimensional US Small Cap Value ETF is currently around 6% higher over the year to date.
Persons: Tariq Dennison, Dennison, he's, Spencer, Weizhen Tan, Ganesh Rao Organizations: Fidelity, GFM Asset Management, CNBC Pro, Value, U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, JPM Global Equity, Global Equity, Arista Networks, Walmart, Deutsche Telekom, ASM International, Novo Nordisk, Vanguard Locations: U.S, Swiss, Dennison
Even the Olympic athletes are letting their personalities shine through via arty manicures or spray-painted hair. Christophe Petit Tesson/Pool/EPA/ShutterstockBritish Prime Minister Keir Starmer wore a Team GB rain jacket to the opening ceremony of the Olympic Games Paris 2024. Matthew Stockman/Getty ImagesLady Gaga wore custom-made Dior during her cabaret-inspired performance at the opening ceremony. John Walton/PAUS track and field athlete Sha'Carri Richardson dazzled the camera with her custom manicure during the opening ceremony. Jamie Squire/Getty ImagesModel Kendall Jenner seen wearing Team USA merchandise and high-waisted jeans on August 1.
Persons: Anna Wintour, Ariana Grande, Thom Browne, Zendaya, Law Roach, Jean, Charles de Castelbajac, it’s, Keir Starmer, , Celine Dion, Serena Williams, Louis Vuitton, Fondation Louis Vuitton, Anthony Behar, Cynthia Erivo, Vuitton, Browne, Christophe Petit Tesson, Karwai Tang, Thelma Davies, Emmanuel Matadi, Lars Baron, Getty, Chrissy Teigen, John Legend, Matthew Stockman, Lady Gaga, Dior, John Walton, Sha'Carri Richardson, Ashley Landis, Dr, Jill Biden, Ralph Lauren, Karen Bass, Jamie Squire, Shirine Boukli, Buda Mendes, Sauer, Charles McQuillan, Snoop Dogg, Charlie Riedel, Jessica Chastain, Yuto Horigome, Sara Balzer, Mustafa Ciftci, Nicole Kidman, Natalie Portman, Simone Biles, Pete Dovgan, ” Biles, , I’m Simone Biles, Kendall Jenner, Sharon Stone, Spain's Carlos Alcaraz, Serbia's Novak Djokovic, Arturo Holmes, Jordan Chiles, Alvaro Diaz, Latifah, Sameer Al, Princess Anne, Pascal Le Segretain, Noah Lyles, Christian Petersen, Kirill Kudryavtsev Organizations: CNN, Olympic Games, Vogue, arty, Starmer’s, Fondation Louis, British, Team Liberia, Getty, USA, South Korean Olympic, NBC, Apple, Nike, Kyodo, Anadolu Agency, Speed, Team USA, Europa Press, Team Locations: Paris, New York, Chloé, AFP, Los Angeles, Spring , Texas, Serbia, USA
CNN —The Olympic Games is bound up with questions of nationality, with crowds waving a kaleidoscopic collage of different flags and national anthems playing for every gold medal winner. Except it was the Refugee Olympic Team crest that Ngamba held up as she celebrated the historic achievement of becoming their first ever medal-winning athlete after winning her women’s middleweight quarterfinal and guaranteeing herself a place on the podium. Ngamba was born in Cameroon and moved to the UK aged 11, where she now trains, but represents the Refugee Olympic Team, which has allowed refugee athletes to compete at the Games since 2016. Peter Cziborra/Reuters“I’m so grateful,” Ngamba told Eurosport after her fight. “I’m over the moon, I had my refugee team, the crowd, France and Paris team, and everyone in my family to come and support me.
Persons: Cindy Ngamba, France’s Davina Michel, Ngamba, Michel, Peter Cziborra, Reuters “, ” Ngamba, , , they’ve Organizations: CNN, Refugee, Refugee Olympic, Games, Reuters, Eurosport, Paris, Team, Olympic Team, Olympics Locations: Cameroon, France, London
CNN —After his latest victory at this year’s Olympic Games on Tuesday, Andy Murray pogoed on the red clay of Roland Garros, eyes wide like a kid in a candy store. But, for Murray, the Olympic Games have always held a special place in his heart. Back in 2012, just weeks after a heartbreaking defeat in the Wimbledon final, Murray won gold in the men’s singles tournament at the London Games. 1 in 2016, a year where he also won Wimbledon for second time. Murray celebrating winning two medals at the London Games in 2012.
Persons: CNN —, Andy Murray pogoed, Roland Garros, Dan Evans, Suzanne Lenglen, Murray, Belgium’s Sander Gille, Joran, Evans, Martin Bernetti, Laura Robson, Roger Federer, Rafael Nadal, Novak Djokovic, Andy Murray, , “ I’ll, it’s, haven’t, Jeff J Mitchell, “ It’s, ” Murray, Tommy Paul, Taylor Fritz Organizations: CNN, Paris Games, Getty, Olympic Games, Wimbledon, London Games, Rio Games, Eurosport, ATP, Olympics Locations: Paris, AFP, London
Tom Daley unveils his latest Olympic knitting handiwork
  + stars: | 2024-08-01 | by ( Leah Dolan | ) edition.cnn.com   time to read: +3 min
CNN —While most Olympic divers sitting poolside at Paris’ Aquatic Center are anxiously twiddling their thumbs, one athlete has been twiddling a pair of knitting needles. Tom Daley, the 30-year-old Team GB diver who won his fifth Olympic medal earlier this week, has unveiled his latest achievement: a handknitted Paris Games themed sweater. Daley has been photographed knitting during every stolen moment while in Paris for the Olympic Games — whether he is watching his teammates compete or resting between his own events. “I don’t know how to just do nothing,” Daley said during an interview with CNN in Paris on Thursday. “So I sketched it out, made tension gauges and did the measurements and the maths to be able to figure out how to make it… You know (knitting) can be quite technical at times.
Persons: Tom Daley, Jack, “ Daley ”, Daley, ” Daley, Dustin Lance Black, , , Daley’s, Tom Organizations: CNN, Team, Paris Games, Paris, Olympic, YouTube, Games, Tokyo, Instagram Locations: Paris,
UK Sport, a government agency responsible for investing money into Olympic and Paralympic sports, was founded just one year later. The money, sourced through the government and the National Lottery, was transformative for the nation's Olympic program. They just can't do that because there isn't enough money," Bloom said. So how do you inspire the next generation of Olympic athletes without huge sums of money? Watch as the athletes, their coaches and parents grapple with the price of a dream by clicking the video above.
Persons: Ben Bloom, Katherine Grainger, Bloom, Emily Hutt, Willem Murray, Freddie Polak Organizations: Atlanta Olympic Games, Olympic, Paralympic, National Lottery, Sport, English Premier League, CNBC, Elite, Watch Locations: Great Britain, Britain
CNN —This year’s Olympics in Paris will be Andy Murray’s fifth – and final – appearance at the Games. Murray says he has played “some of my best tennis when I’ve competed for my country,” he tells CNN’s Christiane Amanpour. I’ve really enjoyed the whole team. And I’ve really enjoyed that,” he adds. I’m really happy about it.
Persons: Andy Murray’s, Murray –, Roland Garros, Dan Evans, Murray, I’ve, CNN’s Christiane Amanpour, , Murray doesn’t, Spain’s Rafael Nadal, Carlos Alcaraz, they’re, They’ve, Amanpour, , I’m, , it’s, Roger Federer, Argentina’s Juan Martín del, CNN’s Amanpour, Amélie Mauresmo, , I’d, she’s, It’s, what’s Organizations: CNN, Olympics, Wimbledon, Scotsman, Team, London, Locations: Paris, Swiss, Rio, Argentina’s Juan Martín del Potro
However, one exchange-traded fund (ETF) has done just that, beating the S & P 500 index for five consecutive years. The JPMorgan US Research Enhanced Index Equity ETF has beaten the benchmark every year since 2019 and is also outperforming in 2024. However, it wasn't until 2018 that JPMorgan decided to marry this time-tested strategy with the increasingly popular ETF structure. For instance, JPMorgan's ETF is overweight Microsoft shares by 45 basis points compared to the weighting for the stock in the iShares Core S & P 500 ETF. This extensive coverage forms the backbone of the REI strategy, according to Grassi.
Persons: Piera Elisa Grassi, Raffaele Zingone, Grassi, REI, Berkshire, we've Organizations: JPMorgan US, Equity, London Stock Exchange, Borsa Italiana, Deutsche Borse, Six Swiss Exchange, JPMorgan Asset Management, JPMorgan, JPMorgan Global, Vanguard, Berkshire Hathaway, GE Aerospace, Asset Management, CNBC Locations: United States, U.S, Grassi, iShares
(Photo by Francois Nel/Getty Images)Andy Murray has announced his retirement, saying the Paris Olympics will be his "last ever tennis tournament". The three-time Grand Slam champion, who is the only man to have won two Olympic golds in the sport, made the announcement in a post on X. The 37-year-old memorably ended a long wait for British tennis when he won Wimbledon in 2013, having been beaten in the final the year before in emotional scenes. He repeated the success in 2016 having won his first grand slam at the US Open in 2012. After losing in the Wimbledon doubles a few weeks ago, he said he was ready to call it a day.
Persons: Andy Murray of, Jamie Murray of, Rinky Hijikata, John Peers of, Francois Nel, Andy Murray, Sir Andy, Jamie, Murray, Emma Raducanu, Roger Federer, hasn't, Dan Evans, Roland Garros, He's, Cameron Norrie, Jack Draper, Katie Boulter Organizations: John Peers of Australia, Wimbledon, England Lawn Tennis, Croquet Club, Murray's Olympic, Thursday's, Team GB Locations: ENGLAND, Andy Murray of Great Britain, Jamie Murray of Great Britain, London, England, Paris, Rio
Murray was unable to play in the singles competition in the final Wimbledon tournament of his career earlier this month after undergoing surgery on a spinal cyst, but got an emotional farewell playing doubles with his brother Jamie on Centre Court. “Arrived in Paris for my last ever tennis tournament. Murray won the first Olympic gold of his career at London 2012 after beating Roger Federer in straight sets just weeks after a heartbreaking defeat to the Swiss in the Wimbledon final. Murray then defended his Olympic title four years later in Rio, defeating Juan Martín del Potro in the final. Murray won his first Olympic gold at London 2012.
Persons: Andy Murray, Murray, Jamie, , , Roger Federer, Juan Martín del, Leon Neal, Judy Organizations: CNN, Paris, Wimbledon, Court, Team GB, Twitter, London, Swiss, Getty Locations: Paris, Rio, Juan Martín del Potro, AFP
JPMorgan highlighted Amazon as its best idea going into the second-quarter earnings season for technology stocks, followed by Uber and Google . JPMorgan analyst Doug Anmuth wrote that the Wall Street bank remains bullish on larger players in the industry, for now. The analyst highlighted Amazon as his favorite stock for the near and long term. Amazon stock has gained 27% this year. "Google remains focused on innovation, and we continue to believe there is healthy runway across Search and YouTube ads as AI drives higher ROI & TV dollars shift online," the analyst wrote.
Persons: Uber, Doug Anmuth, Anmuth, Michael Bloom Organizations: JPMorgan, Google, Amazon Web, Costco, YouTube
Learn morePrime Day is just around the corner, and Amazon is offering a free $20 credit for a limited time only. All eligible Amazon Prime customers need to do is upload a photo to Amazon Photos for the first time, and they're good to go. You must be an Amazon Prime customer who isn't currently on a trial account and hasn't used Amazon Photos before. Prime Day features major deals across all categories for Amazon Prime members, from daily sales to lightning deals. If you're interested in learning more about Prime Day and what deals might be available to spend your $20 on, you can check out our Prime Day guide and our early Prime Day deals roundup.
Persons: isn't Organizations: Business, Amazon, Amazon Prime
NYSEIn 2018, British regulators sanctioned the UK arm of online gambling giant Flutter after it failed to catch an astonishing anomaly. The United States is Flutter's largest and fastest-growing market in terms of revenue. Both online sports betting and online casinos have been legal and regulated far longer in Britain than in the United States. But in the United States, Flutter doesn't place such limits on the age group. Around a decade ago, British politicians became concerned about a rise in gambling-linked fraud and suicides involving online VIP customers.
Persons: Peter Jackson, America —, Amit Patel, Patel, Alex King, King, FanDuel, Chris Ratcliffe, haven't, hasn't, Jackson, weren't incentivized, Flutter's FanDuel, Entain, Rob Wood, BetMGM, Paul Tonko, Tonko, Entain's Wood, , Joe K, Joe, Pavlo Gonchar, Rob Gronkowski, Jamie Foxx, Foxx, Gronkowski, Goldman Sachs, who'd, Betfair, Entain's, Felicia Grondin, Silquia Patel, Eduardo Munoz, Flutter's, Chris Jones, Josh Giaramita Organizations: MGM, New York Stock Exchange, NYSE, Flutter's U.S, Jacksonville Jaguars, Reuters, Fanduel Inc, Bloomberg, Getty, The New York Stock Exchange, NYSE BetMGM, MGM Resorts International, MGM Resorts, New York Democrat, U.S, Lightrocket, Supreme, American Gaming Association, New York, Gaming Commission Locations: America, Edinburgh, Britain, United States, Dublin, U.S, British, BetMGM, New Jersey, States, United Kingdom, Ireland, New York, East Rutherford , New Jersey, FanDuel
Manchester United today told staff that the club is intending to cut 250 jobs as new co-owner Sir Jim Ratcliffe continues his bid to slash costs at Old Trafford. All department and levels within the club will be impacted and the club says it will not include staff at their charitable arm, the Manchester United Foundation. What power does INEOS have over how Manchester United are run? Because it is a policy change, it would have been shared across the leaders of the football club but it was not something that needed board approval to be implemented. By Dan SheldonGO DEEPER Explained: INEOS' bid to cut non-football staff at Manchester United(Marc Atkins/Getty Images)
Persons: Sir Jim Ratcliffe, Jean, Claude Blanc, INEOS, , United’s Carrington, Glazer, Dave Brailsford, Ratcliffe, Richard Arnold, Patrick Stewart, John Murtough, Cliff Baty, Ellie Norman, Victoria Timpson, Snapdragon —, Dan Ashworth, Erik, Hag, Ashworth, Jason Wilcox, Omar Berrada, Blanc, Berrada, Sir Dave Brailsford, Brentford, Dan Sheldon, Marc Atkins Organizations: Manchester United, Interim, Interpath, Manchester United Foundation ., Old, United, Getty, FA, Athletic, Newcastle United, Manchester City, Team GB, Advisory, Premier League, UEFA, League, City Football Group Locations: Old Trafford, Manchester, London, INEOS, Ratcliffe, United, European, Brailsford
None of these women are real — everything about them, even the emotion that flickers across their faces, is generated by artificial intelligence (AI), for the world’s first ever AI beauty pageant. Fanvue World AI Creator AwardsEach of the contestants has a unique and distinctive personality, as well as face. But, echoing the reality of most modern Miss USA beauty pageant winners since the competition’s inception in 1921, most are White, thin and have long hair and symmetrical features, detailed Hilary Levey Friedman — a sociologist and author of “Here She Is: The Complicated Reign of the Beauty Pageant in America” — in a phone interview. Fanvue World AI Creator AwardsCreators of these AI models add that the technology itself is not necessarily the problem. Fanvue World AI Creator Awards“Influencers are just behind a screen,” Mohammad Talha Saray, one of Seren Ay’s creators, said.
Persons: ” Dr Kerry McInerney, Lalina, Turkey’s, Kemal Ataturk, Anne Kerdi, Zara Shatavari, Hilary Levey Friedman, Aiyana, McInerney, “ They’re, they’re, they’re compling, ” Aiyla Lou, “ DALL, Furkan Sahin, Seren, , Sally, Ann Fawcett, “ there’s, , ” Fawcett, Asena, Sahin, Sofía, ” Eliza Khan, Levey Friedman, “ There’s, Merriam, Novales, Aitana, Lil Miquela, Calvin Klein, ” Mohammad Talha Saray, there’s, Anne Kerdi’s, Sébastien Keranvran, Anne, ” Anne Kerdi, Anne goodnight, Fanvue, it’s Organizations: CNN, Leverhulme Centre, Intelligence, University of Cambridge, Pageant, America ”, Miss, Prada Locations: French, Kyoto, Japan, Brittany, France, Miss USA, America, Brazil, Morocco
The bank's analyst labeled the London-listed stock as "materially undervalued" as the company announced the resumption of dividends earlier this month after a five-year hiatus. Investec raised its price target to £2 ($2.53) a share, which points to a 116% upside potential. However, earlier this month, Card Factory said its 2024 fiscal year showed improved profitability, with the company expecting normal growth rates to return. UBS predicts Card Factory will earn £65 million in the next financial year, with sales running up to about £535 million. The investment bank raised its price target to £1.16 a share, indicating a 26% upside potential, but also maintained its "neutral" rating.
Persons: Kate Calvert, Investec, Saranja Sivachelvam, Sivachelvam Organizations: Factory, Card Factory, Investment, UBS, Card Locations: London, U.S, England, Calvert
Paris, France CNN —France has scored a belated surprise Olympic victory against Great Britain – 124 years later than expected – after a 1900 Paris Olympics cycling silver medal was taken away from Team GB and awarded to its neighbor across the channel by the International Olympic Committee (IOC). He finished second in the men’s 25 kilometer cycling race at the Paris Summer Games in 1900. “Even though Hildebrand was a British citizen, he was born and brought up in France, and competed for a French club before and after Paris 1900,” the IOC said in a statement. Gachet is a specialist when it comes to French Olympic medals, having published the Dictionary of French Olympics Medalists in 2011. “124 years later, at my request, the IOC Executive Board today approved the reallocation to France of the silver medal won by Lloyd Hildebrand at the Paris 1900 Olympic Games.
Persons: Lloyd Hildebrand, Hildebrand, Stéphane, Emmanuel Macron, Amélie, ” Gachet, , , Gachet Organizations: France CNN —, Great Britain –, Team GB, International Olympic Committee, IOC, Paris Summer Games, Paris, Olympic Committees, Games, French, Club des Sports, Team, British Olympic Association, CNN Sport Locations: Paris, France, France CNN — France, Tottenham, London, Parisian, Levallois, British, Perret
Shares of AFC Energy , a provider of hydrogen-fueled power generation technologies, is expected to more than double over the next year, according to RBC Capital. The London-listed company, founded in 2006, makes a range of proprietary hydrogen fuel cell systems aimed at off-grid and remote power generation for construction, mining, and transportation industries. U.K. shares are generally priced in pence, with 100 pence equal to one British pound ($1.28). The 30-kilowatt generators consume hydrogen for fuel and will be available to customers in the U.K. through its joint venture with equipment hire firm Speedy Hire . The three-year deal with Speedy Hire — under its Speedy Hydrogen Solutions brand — will target U.K. and Irish construction and emergency power markets.
Persons: Erwan Kerouredan, Victoria McCulloch, Saudi Arabia's Organizations: AFC Energy, RBC Capital, RBC, AFC, Saudi, Speedy Hire Locations: London, British, United States, Germany, East, North Africa, Saudi
Diamond prices have fallen 5.7% so far this year, according to Zimnisky's rough diamond index, declining more than 30% from their all-time high in 2022. Lab-grown diamonds, which can be up to 85% cheaper than natural diamonds, are made in a controlled environment using extreme pressure and heat. Lab-grown diamond sales have surged from just 2% of the global diamond jewelry market in 2017 to 18.4% in 2023, according to data provided by Zimnisky. An industry 'in trouble'"The diamond industry is in trouble," Daga told CNBC, adding that he believes natural diamond prices could fall another 15%-20% over the next 12 months. Similar to a natural diamond, a lab-grown diamond is graded based on the 4Cs — clarity, color, cut and carat weight.
Persons: Leon Neal, Duncan Wanblad, De, Paul Zimnisky, De Beers, Marcelo Esquivel, Ankur Daga, Daga, Anish Aggarwal, Lionel Bonaventure Organizations: Afp, Getty, De, BHP, Financial Times, De Beers, CNBC, Daxue Consulting, Bloomberg, Zimnisky Locations: Harrods, London, De Beers, American, China, U.S
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