DIRS.INFO The most relevant business & tech news

☆ Saudi Arabia launches Esports World Cup - statement
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

Saudi Arabia's Crown Prince, Mohammed bin Salman speaks with FOX News Channel, in an interview aired September 21, 2023, Neom, Saudi Arabia, Saudi Press Agency/Handout via REUTERS/File Photo Acquire Licensing RightsRIYADH, Oct 23 (Reuters) - Saudi Arabia said on Monday it was launching an annual Esports World Cup, which will include the most popular games in the world and have the largest prize pool in esports history. The competition will be held annually in Riyadh starting summer 2024, a statement from Saudi Crown Prince Mohammed bin Salman said. Clubs will compete across games from various genres to become the ultimate Esports World Cup champion, the statement said. Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, said last year it will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making Saudi Arabia a global hub for gaming. "The Esports World Cup is the natural next step in Saudi Arabia's journey to become the premier global hub for gaming and esports, offering an unmatched esports experience that pushes the boundaries of the industry," the crown prince was quoted in the statement as saying.

Persons: Crown Prince, Mohammed bin Salman, Saudi Crown Prince Mohammed bin Salman, Aziz El Yaakoubi, Ros Russell Organizations: Saudi, Crown, FOX News, Saudi Press Agency, Handout, REUTERS, Rights, Saudi Crown, Clubs, Sports, Thomson Locations: Neom, Saudi Arabia, Rights RIYADH, Riyadh, Saudi

☆ A mysterious 4,000-year-old slab may be a treasure map that could point the way to long-lost Bronze Age riches
▼ + stars: | 2023-10-18 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Scientists found it was a gigantic map, likely used by a Bronze Age prince to rule the area. AdvertisementAdvertisementMysterious engravings on an ancient stone slab, long relegated to the storage area of an ancient castle, might reveal the locations of long-lost Bronze Age treasure. The scientists are now hoping to uncover the last secrets of the map to find new Bronze Age archaeological sites. The map was likely used by a despotic Bronze Age rulerThe map could point the way to a burial mound of a prince, per a post from the National Archaeology Museum. AdvertisementAdvertisementIt's likely that it was once used by a prince from the early Bronze Age who would have directed a small military faction to forcibly rule the area.

Persons: —, Yvan Pailler, Paul du Châtellier, It's, Pailler, Clément Nicolas, Nicolas Organizations: Service, University of Western, Agence France Presse, Science Alert, French Museum of National Archaeology, AFP, Bournemouth University, National Archaeology Museum Locations: University of Western Brittany, AFP, Brittany, France, Europe

☆ Blinken says meeting with Saudi Crown Prince was "very productive"
▼ + stars: | 2023-10-15 | by ( Humeyra Pamuk | Thomson Reuters | Humeyra Pamuk Is A Senior Foreign Policy Correspondent Based In Washington Dc. She Covers The U.S. State Department | ) www.reuters.com time to read: +3 min

[1/2] U.S. Secretary of State Antony Blinken returns to his hotel after meeting with Saudi Crown Prince Mohammed bin Salman, in Riyadh, Saudi Arabia October 15, 2023. A U.S. official said the meeting lasted for just under an hour and took place at the Crown Prince's private farm residence. He made a brief visit to the United Arab Emirates and returned to Riyadh to meet the Crown Prince late on Saturday, although the meeting only materialized on Sunday morning. Blinken on Saturday met Saudi Foreign Minister Prince Faisal Bin Farhan in Riyadh. Before their meeting, Blinken said protecting civilians on both sides of the conflict was vital.

Persons: Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Jacquelyn Martin, Israel, Blinken, Matthew Miller, Miller, Benjamin Netanyahu's, Crown Prince, Prince Faisal Bin Farhan, Humeyra Pamuk, Muralikumar Anantharaman, William Mallard, David Evans Organizations: Saudi Crown, REUTERS Acquire, Rights, U.S, Crown, State Department, Hamas, Hezbollah, United Arab Emirates, Saturday, Saudi Foreign, Thomson Locations: Riyadh, Saudi Arabia, Rights RIYADH, Gaza, Washington, United States, Israel, Iran, Lebanon, East, Jordan, Qatar, Bahrain, Egypt, Blinken

☆ How Saudi Crown Prince Mohammed bin Salman went from pariah to pragmatic diplomat
▼ + stars: | 2023-10-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +10 min

Saudi Crown Prince Mohammed bin Salman is trying to transform the oil-rich Persian Gulf kingdom. AdvertisementAdvertisementSaudi Crown Prince Mohammed bin Salman is on a mission to transform his country. Billboards show portraits of Saudi Arabian Crown Prince Mohammed bin Salman (R) and his father and Saudi Arabia's King Salman bin Abdulaziz. US President Joe Biden (L) being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. President Joe Biden gives Saudi Crown Prince Mohammed bin Salman a handshake at the G20 summit this September.

Persons: Prince Mohammed bin Salman, he's, —, Prince Mohammed didn't, King Salman, Fahda bint Falah, Saud, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's King Salman bin Abdulaziz, AAMIR QURESHI, Muhammad bin Nayef, Prince Mohammed, Rash, Chris Doyle, GIUSEPPE CACACE, Doyle, he'd, Jamal Khashoggi, Emmanuel Macron, Joe Biden, Prince Mohammed a, Grant Shapps, Vladimir Putin's, Sanam Vakil, Biden, Evelyn Hockstein, Vakil, Duaa, Pierre Crom, Dhainy, Prince Organizations: Service, Saudi, King Saud University, Saudi Arabian Crown, Guardian, Ritz, Carlton, Council, Arab, CIA, Royal, Anadolu Agency, Bloomberg, Washington, Chatham House, Associated Press, Fox News, European Saudi Organization for Human Rights, MBS, United Nations, Getty Images, Human Rights Locations: Saudi, Saudi Arabia, Yemen, Riyadh, British, Istanbul, Jeddah, Ukraine, Iran, China, Israel, East, North Africa, Delhi, Neom, The Hague, Netherlands, Getty Images Saudi Arabia

☆ Discovery of Dutch prince's Nazi membership card revives calls for inquiry
▼ + stars: | 2023-10-06 | by ( Tosterling Bart H. Meijer | Bart H. Meijer | ) www.reuters.com time to read: +3 min

The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service. via Reuters TV Acquire Licensing RightsAMSTERDAM, Oct 6 (Reuters) - The discovery of a Nazi membership card in the name of late Dutch Prince Bernhard, a German who married into the Dutch royal family in the 1930s, revived calls on Friday for an inquiry into his ties to Adolf Hitler's party. Prince Bernhard, the grandfather of Dutch King Willem Alexander, died in 2004. The Dutch government confirmed the card was found but has resisted calls for an inquiry. The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service said.

Persons: Bernhard, Flip Maarschalkerweerd, Dutch Prince Bernhard, Adolf Hitler's, Prince Bernhard, Dutch King Willem Alexander, Prince Bernhard's, Bernhard von Biesterfeld, Maarschalkerweerd, Juliana, King Willem Alexander, Prince, Willem, Alexander, Toby Sterling, Bart Meijer, Anthony Deutsch, Angus MacSwan Organizations: Royal Information Service, Reuters, Rights, Nazi, NSDAP, for Information, Documentation Israel, Institute for, Genocide, De Volkskrant, Allies, Germany, NOS, Thomson Locations: Dutch, Nazi, U.S, Netherlands

NEW YORK (AP) — D’Wayne Wiggins and Timothy Christian Riley didn’t realize that Raphael Saadiq was planting the seeds for a Tony! “We have to be us first before we could talk to anybody because that’s what happened the last time.”Cut to last month, when Tony! “I think it’s been really cool to hear younger kids sample our music and make new songs with our music,” Riley said. “We did always feel the love from our peers and fans and people just in general — it felt really good,” he said. He remembers a younger Beyoncé asking to hear some of the music he was working on.

Persons: — D’Wayne Wiggins, Timothy Christian Riley didn’t, Raphael Saadiq, Tony, Toni, “, ”, Wiggins, ” Saadiq, …, Saadiq, Riley, Toné, Raphael Saddiq, Tone, It’s, that’s, “ There’s, Little Walter, Jack Swing, DJ Quik, ” “, “ I’ve, Nat King Cole, Tonyies, ‘, We’d, ” Wiggins, Amar Khalil, Will Smith, Alicia Keys, Badu’s, Lady ”, Whitney Houston, Mary J, Blige, Dawn Robinson, Ali Shaheed Muhammad, Lucy Pearl, it’s, ” Riley, ” RAPHAEL SAADIQ, Raphael Saadiq's, D’Wayne Wiggins, Beyoncé, who’s, Knowles, Solange’s, she’s, Oscar, ’ ” Saadiq, Gary Gerard Hamilton Organizations: Music, TLC, En, Associated Press Locations: Oakland, Oakland , California, Southern California, @GaryGHamilton

☆ Americas rights court condemns violence against Haiti journalists
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

Oct 3 (Reuters) - The Inter-American Commission on Human Rights (IACHR) on Tuesday condemned an escalation of violence against journalists in Haiti, saying media workers are among those who have been killed, kidnapped and lost their homes as gang violence has surged. The IACHR said around a dozen journalists fled their homes recently as violence escalated in Port-au-Prince's Carrefour-Feuilles neighborhood. The commission cited the kidnappings of at least seven journalists as well as armed attacks at reporters' homes and work places. The response to Haiti's request for assistance was delayed due to difficulties to find a country willing to lead a security assistance mission, until Kenya stepped forward in July with a pledge of 1,000 police. Reporting by Aida Pelaez-Fernandez; Editing by Sarah Morland and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Aida Pelaez, Fernandez, Sarah Morland, David Gregorio Our Organizations: Inter, American, Human Rights, Carrefour, United Nations, Security, Thomson Locations: Haiti, Port, Feuilles, Caribbean, Kenya

☆ Saudi Arabia is pouring billions into soccer, golf, and Formula 1. Its crown prince doesn't care if anyone calls it 'sportswashing.'
▼ + stars: | 2023-09-30 | by ( George Glover | ) www.businessinsider.com time to read: +9 min

Saudi Arabia is pouring billions into sports in a bid to transform its economy. Crown Prince Mohammed bin Salman has made the sector a key part of his Vision 2030 plan. But the reality is that the crown prince has a grander ambition: to level up Saudi Arabia's economic growth. "But Saudi Arabia is piling into other sports too, because they want to achieve a lot in a short period of time." AdvertisementAdvertisementAs Crown Prince Mohammed made clear last week, all this forms part of a broader strategy to supercharge Saudi Arabia's economy through investment.

Persons: Prince Mohammed bin Salman, bankrolled, —, Cristiano Ronaldo, Phil Mickelson, Anthony Joshua, –, Jamal Khashoggi, they've, Steve Luciano, AP Ronaldo, Al Nassr, Ballon, Karim Benzema, Neymar, Sadio, PIF, LIV Golf, Mickelson, Dustin Johnson, Brooks Koepka, LIV, Joshua, that's, Tyson Fury, Oleksandr Usyk, Frank Warren, Prince Mohammed, Mohammed bin Salman, Leon Neal, Simon Chadwick, Chadwick, megastars, Ronaldo –, Salman, bin Salman, Saudi Arabia –, St Andrews, Nick Kyrgios, who've, Elsa, he'd, they'll Organizations: Newcastle United, Service, Washington Post, Saudi, Investment Fund, Premier League, UEFA Champions League, Saudi Public Investment Fund, Newcastle, AP, Saudi Pro League, Georgetown University Qatar, PGA, WWE, Fox News, SKEMA Business School, Indian Premier League, FIFA Locations: Saudi Arabia, Saudi, England, Riyadh, Brazil, Liverpool, Kingdom, Jeddah, Lille, France, Reiche, Iran, Miami, Augusta, bankroll

☆ Canada look to deliver Jamaica knockout punch and book Olympic ticket
▼ + stars: | 2023-09-25 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

With Jamaica on the ropes following a 2-0 defeat in Kingston, Olympic champions Canada return home for the second leg in control of their own destiny but coach Bev Priestman warned her players not to get complacent. I am demanding that we do that again, that we don't take our foot off the gas and we're only going one way," Priestman said on Monday following a Canada team practice. The CONCACAF region will have two spots in the 12 team Olympic tournament and with the United States having already secured one of those places, Canada or Jamaica will grab the other. "Let's be honest, Jamaica will do anything to get to an Olympic Games and we've got to match that and more," said Priestman. "We need the fans to be there right to the very end, that's going to be critical."

Persons: Asanka Brendon Ratnayake, Bev Priestman, Priestman, Nichelle, Adriana Leon, we've, Steve Keating, Pritha Sarkar Organizations: Soccer Football, FIFA, REUTERS, Rights, Olympic, Canada, CONCACAF, United, Paris, BMO, France, Panama, Thomson Locations: New Zealand, Canada, Melbourne, Australia, Jamaica, Kingston, United States, Brazil, Toronto

☆ Saudi Arabia and the UAE are battling to become the Middle East's economic superpower
▼ + stars: | 2023-09-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +11 min

Saudi Arabia's crown prince is shaking up his economy in a move escalating its UAE rivalry. In March, Saudi Arabia unveiled Riyadh Air , a new airline serving as an alternative to the UAE's Emirates and Etihad Airways. If you want to do business with Saudi Arabia or Saudi state-owned entities, you've got to base your regional HQ in Saudi Arabia." "Saudi Arabia sees the separation project in Yemen as a way to let the Houthis control the north and therefore have a more-threatening border at the south of Saudi Arabia." Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSHow far the rivalry between the two nations goes largely depends on Saudi Arabia's actions.

Persons: Saudi Arabia's, Mohammed bin Salman, Sheikh Mohamed bin Zayed Al Nahyan, MBZ, Obama, You've, Kristian Ulrichsen, Rice, Sheikh Mohamed, Prince Mohammed, Sheikh Mohamed —, —, Leon Neal, Shaybah, Ulrichsen, Sheikh Zayed, Sultan Al Nahyan, Abu, Prince Mohammed bin Salman, Neom, Abishur Prakash, Jorg Greuel, Abdullah Alaoudh, Prakash, you've, Saudi Crown Prince Mohammed, Ludovic Marin, Mohammed's, Jamal Khashoggi, Biden, Baker Institute's Ulrichsen, Alaoudh, wouldn't Organizations: United Arab Emirates, UAE, Service, Baker Institute, Saudi, UAE —, Qatar, Dubai, United, Freedom Initiative, UAE's Emirates, Etihad Airways, Saudi Public Investment Fund, Newcastle United FC, English Premier League, Manchester City, Saudi Crown, Getty, Ritz Carlton, Saudi Royal Court, REUTERS, Saudi Aramco, United Nations Locations: Saudi, Wall, Silicon, Saudi Arabia, East, Washington, London, UAE, Persian, Al Ain, British, Qatar, Abu Dhabi, United Arab, Riyadh, Manchester City . Saudi Arabia, New Delhi, Istanbul, Yemen, Iran, Saudi Arabia's, Bandar, Ukraine

WASHINGTON (AP) — Saudi Crown Prince Mohammed bin Salman said in a rare interview with Fox News on Wednesday that negotiations over Israel means the prospects of normalized relations between both countries “get closer" every day, but that treatment of Palestinians remains a “very important” issue to be resolved. Saudi Arabia is discussing a major agreement with the United States to normalize relations with Israel in exchange for a U.S. defense pact and aid in developing its own civilian nuclear program. We think it’s good not just for Israel and Saudi Arabia, we think it’s good for the whole region,” Kirby said. Saudi Arabia has made major progress in winding down its devastating war with Iranian-backed Houthi rebels in Yemen, this week hosting a rebel delegation in the capital, Riyadh. The 38-year-old bin Salman assumed day-to-day rule after the aging King Salman named him next in line to the throne in 2017.

Persons: Prince Mohammed bin Salman, “, Bret Baier ”, Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, ”, bin Salman, we’ve, John Kirby, Saudi Arabia “, ” Kirby, Bin Salman, ” Bin Salman, Jamal Khashoggi, ” bin Salman, Jared Kushner, Donald Trump’s, PIF, Salman, King Salman Organizations: WASHINGTON, —, Fox News, MBS, Israeli, General Assembly, West Bank, National Security, Washington Post, Saudi, Fox News Channel, White House, Saudi Arabia's Public Investment Fund, Trump, Arab League Locations: — Saudi, Israel, Saudi Arabia, United States, Palestinian, Saudi, New York, Asia, East, Europe, Iran, Saudi Arabi, Western, Yemen, Riyadh, Syria, America

"I will match your offer and commit today to open an office," Saudi Investment Minister Khalid Al Falih said after India's trade minister Piyush Goyal invited Saudi Arabia to set up an office of its sovereign wealth fund, Public Investment Fund (PIF), in GIFT City. Goyal also said he would suggest that his ministry starts an investment promotion office in Riyadh. During the Crown Prince's visit India and Saudi Arabia signed 50 initial pacts in various fields and agreed to form a joint task force for $100 billion in Saudi investment in India, originally announced by the Crown Prince in 2019. Half of the planned $100 billion is earmarked for a delayed refinery project along India's western coast, an Indian foreign ministry official said. He said Saudi Arabia is looking to invest in sectors including oil, gas, petrochemicals, new energy, technology, manufacturing and defence.

Persons: Amit Dave, Narendra Modi, Khalid Al Falih, Piyush Goyal, Prince Mohammed bin Salman's, Goyal, Crown Prince, Falih, Shivangi Acharya, Nidhi Verma, Blassy Boben, Ed Osmond, Susan Fenton Organizations: Gujarat International Finance Tec, REUTERS, Indian, Saudi Investment, Public Investment Fund, Crown, United Arab Emirates, Saudi Aramco, Thomson Locations: Gujarat, Gandhinagar, DELHI, Saudi Arabia, New Delhi, Dubai, Hong Kong, City, Falih, Delhi, Saudi, Riyadh, India, Indian, Maharashtra

☆ Saudi Arabia and Turkey are emerging as the new peace brokers of the Russia-Ukraine war
▼ + stars: | 2023-08-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

Turkish President Recep Tayyip Erdogan welcomes Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud in Ankara, Turkey, on June 22, 2022. "We thank the Crown Prince and Government of Saudi Arabia for facilitating [the prisoner exchange]," Sullivan wrote in a separate post. "Saudi Arabia and Turkey are good examples of such mid-level powers now helping shape international realities in a way they rarely did during the Cold War." And Turkey, like Saudi Arabia, refuses to partake in sanctions against Russia, irking its Western allies. Saudi Arabian Crown Prince Mohammed bin Salman (R) meets Ukrainian President Volodymyr Zelenskyy (L) in Jeddah, Saudi Arabia on May 19, 2023.

Persons: Recep Tayyip Erdogan, Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud, Mustafa Kaya, Russian –, Vladimir Putin, –, Recep Tayyip Erdogan of, Crown Prince Mohammed bin Salman, Volodymyr Zelenskyy, Jake Sullivan, Putin, Sullivan, Hussein Ibish, Russia's Putin, Vilius Semeska, Selcuk Bayraktar, Haluk Bayraktar, Ibish, Saudi Arabia's Crown Prince Mohammed bin Salman, Saudi Arabian Crown Prince Mohammed bin Salman, Erdogan, Mohammed bin Salman, Ryan Bohl, Rane, Ayham Kamel Organizations: Saudi Arabia's Crown, Getty, Crown, Russia, Handout, Anadolu Agency, Twitter, Ukraine –, Prince, Saudi, Gulf States Institute, CNBC, NATO, Defence, Baykar, Saudi Arabian Crown, Saudi Foreign Ministry, Getty Images, Ukrainian, Arab, Russo, East, Global, Eurasia Group Locations: Ankara, Turkey, Xinhua, Russian, Russia, Recep Tayyip Erdogan of Turkey, Saudi Arabia, Kyiv, Ukraine, Ukrainian, Saudi, Jeddah, U.S, China, India, Brazil, Washington, Turkey's, Lithuanian, Istanbul, Turkish, , Washington, North Africa, Riyadh, Middle East

[1/5] Irish singer Sinead O'Connor performs on stage during the Carthage Jazz Festival in Tunis April 4, 2013. REUTERS/Zoubeir Souissi/File PhotoDUBLIN, July 26 (Reuters) - Sinead O'Connor, the Irish singer known for her stirring voice, 1990 chart topping hit "Nothing Compares 2 U" and outspoken views, has died at the age of 56, Irish media quoted her family as saying on Wednesday. "It is with great sadness that we announce the passing of our beloved Sinead. However, it was track six on the follow-up album, "I Do Not Want What I Haven't Got", that catapulted O'Connor to global fame. O'Connor converted to Islam in 2018 and changed her name to Shuhada Sadaqat, though continued to perform under the name Sinead O'Connor.

Persons: Sinead O'Connor, Zoubeir, Brash, – O'Connor, Sinead, O'Connor, Prince, Pope John Paul II, Leo Varadkar, Nua, Shuhada, Padraic Halpin, Graham Fahy, Suban Abdulla, Kylie MacLellan, Rosalba O'Brien Organizations: Carthage Jazz Festival, REUTERS, RTE, YouTube, Catholic, Twitter, U.S, Thomson Locations: Carthage, Tunis, Irish, Ireland, Dublin, Glenageary, London

[1/5] Irish singer Sinead O'Connor performs on stage during the Carthage Jazz Festival in Tunis April 4, 2013. REUTERS/Zoubeir Souissi/File PhotoDUBLIN, July 26 (Reuters) - Sinead O'Connor, the Irish singer known for her stirring voice, 1990 chart-topping hit "Nothing Compares 2 U" and outspoken views, has died at the age of 56, Irish media quoted her family as saying on Wednesday. "It is with great sadness that we announce the passing of our beloved Sinead. 'PROTEST SINGER'Sinead Marie Bernadette O'Connor was born in the affluent Dublin suburb of Glenageary on December 8, 1966. O'Connor converted to Islam in 2018 and changed her name to Shuhada Sadaqat, though continued to perform under the name Sinead O'Connor.

Persons: Sinead O'Connor, Zoubeir, Brash, – O'Connor, Sinead, O'Connor, Prince, Pope John Paul II, Michael D, Higgins, Sinead Marie Bernadette O'Connor, Nua, Shuhada, Dave Fanning, Padraic Halpin, Graham Fahy, Suban Abdulla, Amanda Ferguson, Kylie MacLellan, Rosalba O'Brien Organizations: Carthage Jazz Festival, REUTERS, RTE, Church, Irish, Channel, Thomson Locations: Carthage, Tunis, Irish, Ireland, Dublin, Glenageary, London

☆ Microsoft and Google may have to surrender people's data to Saudi Arabia after signing huge deals there
▼ + stars: | 2023-07-24 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

But Saudi Arabia has weak privacy laws and a track record of persecuting dissidents. They are warning tech giants like Microsoft and Google that they could be forced to hand over private citizen data to Saudi hitmen. Data handed over a silver platterMarwa Fatafta, an analyst with digital rights group Access Now, described Saudi Arabia as a country with a "dismal" human rights record. "Have they really [Google and Microsoft] investigated how they plan to mitigate potential human rights abuses or privacy violations, building such infrastructure?" Countries such as Saudi Arabia, he said, often told companies that "if you want to operate in this country, you've got to keep the data in this country.

Persons: Prince Mohammed bin Salman's, Rewan Al, Haddad, umOfUs, FAYEZ NURELDINE, Fatima al, Salma al, Alan Woodward, you've, James Lynch, Fairsquare, Crown Prince Mohammed, James, Lynch, Prince Mohammed, it's, Woodward Organizations: Microsoft, Google, Service, Saudi, Human Rights Watch, New York Post, Getty, Twitter, Leeds University, University of Surrey, Crown Locations: Saudi Arabia, Wall, Silicon, Riyadh, Saudi, AFP

☆ A top economist says the stock-market mania reminds him of the dot-com and housing bubbles - and warns consumers are feeling the squeeze
▼ + stars: | 2023-07-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

David Rosenberg warned the buzz around stocks today is similar to the mania before past crashes. The economist noted that American consumers are running short of cash and struggling to borrow more. The veteran economist and Rosenberg Research president also rang the alarm on the US economy in a research note on Wednesday. "The balloon does have a lot of hot air in it," Rosenberg noted, suggesting it was hard to say when speculation and emotion would cease trumping fundamentals and rational thought. That has raised borrowing costs for consumers and businesses, and wreaked havoc on debt-fueled industries such as commercial real estate.

Persons: David Rosenberg, Rosenberg, Irving Fisher, Abby Joseph Cohen, Chuck Prince's doozy, you've, Merrill Lynch Organizations: Service, Rosenberg Research, North, Nasdaq, Dow Jones, Big Tech, Consumers, New York, Federal Reserve Locations: Wall, Silicon, North American

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

☆ This millionaire is selling his private jet -- out of concern for the environment
▼ + stars: | 2023-07-11 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Amid these concerns, one private jet owner has decided to scale back. In line with Prince’s thoughts, the Institute for Policy Studies report advocates for higher taxes on both private jet sales and fuel. They also call for the federal jet fuel tax to be doubled from $0.219 per gallon to $0.438 per gallon for the most frequent private jet users. We should have very high taxes, [usage] taxes and fuel taxes that discourage private jet owners.”Collins adds that the construction of private aviation infrastructure should stop altogether, as this form of transportation should be phased out. In April, Schiphol airport in Amsterdam announced it is considering banning private jets from its grounds altogether.

Persons: What’s, Stephen Prince, “ I’ve, It’s, I’m, ”, Joan Valls, Shutterstock There’s, he’s, who’s, “, it’s, ” Prince, we’re, George Rose, Elon, ” Chuck Collins, ” Collins, That’s, Collins Organizations: CNN, US Institute for Policy Studies, Federal Aviation Administration, Patriotic, Cessna, Prince, TSA, Institute for Policy Studies, “ Locations: Nebraska, Boston, Europe, France, Ireland, Schiphol, Amsterdam

☆ This chart should worry Elon Musk
▼ + stars: | 2023-07-10 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Twitter's traffic rank has been declining since January, according to a graph by Cloudflare's CEO. Elon Musk's takeover of the social media app has led to whiplash for users experiencing its changes. Meta's new competing Threads app reached 100 million users within days of launching. Predictions about Twitter's waning appeal have been a recurring theme of discourse around the app since Elon Musk took over last fall. Now, not only has Twitter threatened legal action against Meta over Threads, Musk has also tweeted the idea of a "literal dick measuring contest" against Zuckerberg.

Persons: Elon, whiplash, Elon Musk, Cloudflare's, Matthew Prince –, –, Prince, Twitter, Cloudflare, David Belson, Mark Zuckerberg, Zuckerberg, Musk Organizations: Elon Musk's, Elon, Twitter Locations: .

☆ Bahrain signs deals to invest $1.3 bln in UK economy
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: 1 min

July 3 (Reuters) - Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state's private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince's social media account said on Monday. The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management, the twitter account of the crown prince of Bahrain said. ($1 = 0.7881 pounds)Reporting by Yousef Saba and Omar Abdel-Razek Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Yousef Saba, Omar Abdel, Mark Potter Organizations: Bahraini, GFH Financial, Osool Asset Management, Thomson Locations: Bahrain, Britain

☆ Harry was 'prime target' for phone-hacking, prince's lawyer tells court
▼ + stars: | 2023-06-28 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

LONDON, June 28 (Reuters) - Prince Harry was a "prime target" for the tabloid press and must have been a victim of phone-hacking, his lawyer told London's High Court on Wednesday as the trial in the British royal's lawsuit against a newspaper publisher nears its end. MGN, owned by Reach (RCH.L), is fighting the lawsuit and says there is no evidence for the accusations. The claimants' lawyer, David Sherborne, told the court on Wednesday that the case against MGN was "inferential", stressing that phone-hacking and other unlawful information gathering was a covert practice. But, he added, the court could find that Harry was a victim of phone-hacking because of the prevalence of the practice at MGN newspapers and the level of press interest in the prince. "The newspapers regarded him as a prime target, perhaps one of the most prime targets, in the sense of royal stories drive newspaper sales," Sherborne said.

Persons: Prince Harry, David Sherborne, MGN, Harry, Sherborne, Andrew Green, Rupert Murdoch's, voicemails, Piers Morgan, Morgan, Duke of Sussex, Green, Sam Tobin, Alex Richardson Organizations: London's, Group, Daily, Sunday, MGN, Reach, Buckingham, Thomson Locations: British

☆ The demo tape that launched Prince's career is now up for auction
▼ + stars: | 2023-06-17 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

CNN —For years, the demo tape that launched Prince’s storied career had been tucked away in an attic of the home of the music executive that first signed him. Now, music enthusiasts and Prince fans worldwide have a chance to own the tape that landed the Minneapolis superstar his first record contract as it goes up for auction, according to Boston-based auction house RR Auction. The demo, recorded in 1976 and still in its original custom packaging, is part of the Marvels of Modern Music auction that ends on Thursday. The demo tape remains in its original packaging. RR Auction“When I saw (the demo tape), I knew exactly what it was,” Gold said.

Persons: ” Prince, –, ” Bobby Livingston, “, ” Livingston, Jeff Gold, Russ Thyret, Thyret, Prince, Gold, ‘ Russ, ” Gold, ” Organizations: CNN, Prince, Minneapolis, Music, Sound, Warner Bros, Records Locations: Boston, Minneapolis, Los Angeles, Livingston

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California. The Justice Department's Antitrust Division has informed the PGA Tour it will review the organization's proposed merger with Saudi-funded LIV Golf, a source told NBC News on Thursday. The Justice Department and LIV Golf declined to comment. The PGA Tour policy board will have to approve the agreement, Monahan told players in a memo. The PGA Tour revealed Tuesday that Monahan is currently recovering from an unspecified medical matter and is taking a leave of absence.

Persons: LIV, LIV Golf, Democratic Sens, Elizabeth Warren of, Ron Wyden, Sen, Richard Blumenthal, Conn, Wyden, Saudi Arabia's Crown Prince Mohammed bin Salman, LIV dangled, Donald Trump, Jay Monahan, Monahan Organizations: Farmers Insurance, Torrey Pines, Department's Antitrust, PGA, Saudi, NBC, Justice, LIV, CNBC, PGA Tour, Democratic, Oregon, DOJ, Investment Fund, Saudi Arabia's Crown, Tour Locations: San Diego , California, Elizabeth Warren of Massachusetts, New Jersey

☆ Gen Z is drinking less. That's bad news for concert venues that depend on alcohol sales for profits.
▼ + stars: | 2023-06-10 | by ( Brad Davis | ) www.businessinsider.com time to read: +4 min

That's worrying concert venues that depend on alcohol sales for their profits, Billboard reported. "Bar sales are important for every music venue, but especially for smaller ones," a talent agent told the magazine. That's because alcohol sales help keep the lights on at clubs around the country. David Slutes, who runs a venue called Club Congress in Tuscon, Arizona, said that he'd noticed alcohol sales had dropped up to 25% when booking shows for a Gen Z-focused crowd. Some venues told the magazine they're experimenting with renting out their facilities for more private events to make up for lost revenue.

Persons: Z'ers, —, it's, Evan Johnson, Daydream, David Slutes, he'd, Z, Dayna Frank, Nielsen Organizations: Gallup, Billboard, Service, Daydream State, Nielsen Locations: Seattle, Tuscon , Arizona

Search resuls for: "prince's"

25 mentions found