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☆ Insight: Young Russian lawyers step up to defend anti-war protesters
▼ + stars: | 2023-07-04 | by ( Lucy Papachristou | ) www.reuters.com time to read: +8 min

"I have always had a keen sense of justice," Gominova told a Reuters reporter based in Poland. "Defending protesters in court is my version of protest," said Gominova, who began representing anti-war activists in court almost immediately after the invasion. With numerous civil society groups disbanded by the state, many other lawyers also defend anti-war activists independently, but it is hard to determine how many. Several Russian lawyers have attracted the attention – and condemnation – of authorities, not only for defending critics of the invasion but also for expressing their own opposition. Before the Ukraine conflict, Gominova, in St Petersburg, worked mainly on civil cases ranging from family disputes to consumer rights.

Persons: Young, acquittals, Sofia Gominova, Gominova, Violetta Fitsner, Alexei Navalny, Vladimir Kara, Murza, Russia's, Evgenia Kara, Vladimir, Vadim Prokhorov –, Putin –, Prokhorov, Dmitry Talantov, Ivan Safronov, Maria Bontsler, Anastasia Rudenko, George Orwell's, Yuri Mikhailov, Mikhailov, Filipp Lebedev, Gabrielle Tetrault, Farber, Mike Collett, White, Mark Trevelyan, Andrew Cawthorne Organizations: Russia, Ukraine Lawyers, Petersburg Bar Association, Moscow Bar, Russia's, Ministry, Russian Federation, Reuters, U.S, of America, Facebook, Thomson Locations: Ukraine, acquittals Moscow, Russia, Soviet Union, Poland, St . Petersburg, St, Petersburg, Moscow, Ivanovo, Russian, St Petersburg, Tbilisi, Geneva

☆ Tesla extends blistering rally after quarterly deliveries beat
▼ + stars: | 2023-07-03 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

July 3 (Reuters) - Tesla (TSLA.O) shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working. The stock, which hit the highest in more than four months, closed up 17.4% in a holiday-shortened session. [1/2]The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. The median price target on the stock stands at $210, which is about 20% below its last closing price. Tesla has a forward price-to-earnings ratio of around 62.9, far above Ford's (F.N) 8.82 and near the 62.66 of Amazon.com (AMZN.O).

Persons: Elon Musk's, Lucy Nicholson, Gene Munster, Tesla, Bernstein, Toni Sacconaghi, Aditya Soni, Akash Sriram, Shounak Dasgupta, Sriraj Organizations: U.S, Rivian, REUTERS, Asset Management, Thomson Locations: Irvine , California, Los Angeles , California, U.S, Bengaluru

July 3 (Reuters) - AstraZeneca (AZN.L) said on Monday an experimental precision drug slowed progression of lung cancer in a late-stage trial, but the company's shares fell as much as 6% as analysts said the benefits may not be as pronounced as hoped. It declined to provide more trial details, saying they would be presented at an as yet undisclosed medical conference. At 0855 GMT, shares in AstraZeneca were down 5.8% at their lowest level in more than three months. Gilead (GILD.O) has pioneered the targeting of TROP2 with an ADC named Trodelvy, approved to treat certain types of breast and bladder cancer. AstraZeneca said that the datopotamab deruxtecan trial would continue as planned to assess the effect of the drug on overall survival of patients, another important efficacy criterion.

Persons: datopotamab, AstraZeneca, British drugmaker, Kelun, Maggie Fick, Ludwig Burger, Sinchita Mitra, Lucy Raitano, Krishna Chandra Eluri, Susan Fenton Organizations: AstraZeneca, Japan's, Merck & Co, Biotech of, Barclays, Thomson Locations: British, Biotech of China, London, Frankfurt, Bengaluru

☆ Russian army deserter sentenced to seven years in prison
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

July 3 (Reuters) - A Russian soldier has been sentenced to seven years in prison for twice escaping from his army unit, a military court in the Siberian city of Tomsk said on Monday. Siberia.Realities, a local project of U.S. government-funded news outlet Radio Free Europe/Radio Liberty, identified the soldier as Ivan Klester. Last month a military court in Russia’s Far East sentenced a soldier to nine years for deserting three times. The man pleaded guilty, saying that he had to care for his sick wife, Russian newspaper Kommersant reported. President Vladimir Putin signed a law last September to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

Persons: Ivan Klester, Vladimir Putin, Wagner, General Andrei Kartapolov, Lucy Papachristou, Mark Trevelyan Organizations: Radio Free, Radio Liberty, Russia’s Far, Kommersant, Ukrainian, TASS, Thomson Locations: Siberian, Tomsk, Siberia.Realities, U.S, Radio Free Europe, Russia’s, Russian

☆ Tesla's blistering rally continues after quarterly deliveries beat
▼ + stars: | 2023-07-03 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

[1/2] The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File PhotoJuly 3 (Reuters) - Tesla (TSLA.O) shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working. "Tesla's price cuts are working in a big way," said Gene Munster, managing partner at investment firm Deepwater Asset Management. The median price target on the stock stands at $210, which is about 20% below its last closing price. "Our money's on Elon," said Canaccord Genuity analyst George Gianarikas, who lifted his price target on Tesla by $36 to $293.

Persons: Lucy Nicholson, Elon Musk's, Gene Munster, Tesla, Bernstein, Toni Sacconaghi, Canaccord, George Gianarikas, Aditya Soni, Shounak Dasgupta Organizations: REUTERS, Asset Management, Thomson Locations: Los Angeles , California, U.S, Elon

☆ New Zealand, in recession and heading to polls, goes pragmatic on China trade
▼ + stars: | 2023-07-03 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

WELLINGTON, July 3 (Reuters) - New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as leader, focusing on trade and economic opportunities but avoiding contentious issues such as human rights abuses in Xinjiang or security concerns. New Zealand has long been seen as the most conciliatory towards China among the Five Eyes security grouping, which includes Australia, the U.S., Britain and Canada. “(Hipkins's) visit certainly gave China a tick in the international legitimacy box and Beijing has gained at least as much from Hipkins' visit as New Zealand exporters,” Victoria University's Ayson said. New Zealand exporters were prominent in the visit with a delegation of 29 businesses travelling with the prime minister to China. The most recent polls from late May put a coalition of opposition parties National and Act ahead of a Labour-Green party coalition.

Persons: Chris Hipkins trod, Hipkins, Jacinda Ardern, ”, Robert Ayson, “ Hipkins, Nanaia Mahuta, Xi Jinping, University's Ayson, David Capie, Derek J, Grossman, Biden, Lucy Craymer, Lincoln Organizations: WELLINGTON, Zealand, Labour, Victoria University, Labour Party, Centre, Strategic Studies, National, Green, RAND Corp, Wellington, “, Thomson Locations: China, Xinjiang, Zealand, Australia, U.S, Britain, Canada, Hong Kong, Pacific, Taiwan Strait, Beijing, Hipkins, New Zealand, Auckland, United States, India, Russia, Washington

☆ Netanyahu says to scrap part of judicial revamp
▼ + stars: | 2023-06-29 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsNetanyahu says to scrap part of judicial revampPostedPrime Minister Benjamin Netanyahu says his government will drop an important part of its controversial judicial reform plans, which have roiled Israel with protests. He told the Wall Street Journal he'd no longer seek to give parliament the power to override Supreme Court rulings. Lucy Fielder has more.

Persons: Netanyahu, Benjamin Netanyahu, Lucy Fielder Organizations: Wall Locations: Israel

☆ Two Sisters Try Living Together (Again) in Washington. Who Gets the Bigger Bedroom?
▼ + stars: | 2023-06-29 | by ( Michele Lerner | ) www.nytimes.com time to read: +2 min

Caroline Berens had been perfectly happy living alone for a couple of years in Washington, when her younger sister, Emma, announced that she was planning to move to the city. So Ms. Berens didn’t immediately extend an invitation to be roommates in her one-bedroom rental in Dupont Circle. “I’ve always been frugal and have saved money to buy a home since I started babysitting at 12,” Caroline Berens said. Email: thehunt@nytimes.com]“I’m coming from college life, where I lived with three other roommates, so I’m not worried about sharing a home with Caroline,” Emma said. “Plus,” she said, “I was determined to avoid living in a basement.”Both sisters are tall, so Caroline wanted high ceilings.

Persons: Caroline Berens, Emma, Berens didn’t, “, haven’t, ”, Berens, we’ve, ” Emma Berens, “ I’ve, ” Caroline Berens, I’m, Caroline, ” Emma, Adams Morgan, Lucy, “ Caroline, Claudia Ornelas, Ms, Ornelas Organizations: Brunswick Group, Harvard, “ Locations: Washington, Dupont, Boston

☆ Ocado drops after media report of Amazon denying possible bid
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: 1 min

LONDON, June 28 (Reuters) - Ocado (OCDO.L) shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon (AMZN.O) had denied speculation it would make a bid for the British retail company. Shares in Ocado were down 6.5% at 1430 GMT, while Amazon shares were up 1.4%. On June 22, Ocado shares soared more than 40% after a report in the Times newspaper of possible bid interest in the online supermarket and technology group, including from Amazon. An Amazon spokesperson repeated the company's position on Wednesday that it had no comment on the Times report. Reporting by Lucy Raitano, James Davey and Joice Alves; Editing by Amanda Cooper and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Ocado, Lucy Raitano, James Davey, Joice Alves, Amanda Cooper, Jan Harvey Organizations: Times, Amazon, Reuters, Thomson

☆ These creators wanted a gentler hiking experience. Now 'soft hiking' has 10 billion views on TikTok
▼ + stars: | 2023-06-27 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Living a soft life has inspired other buzzy campaigns like #quietluxury — buying simplistic, good-quality items with a high price tag, including clothing and home décor — and most recently soft hiking. Soft hiking.'" They eventually amassed thousands of followers, and now the term soft hiking has 10 billion views on the app. "Soft hiking is being soft with yourself, so it's not necessarily about walking for less time or [going] on a softer route," Hird says. Here's what the dynamic duo suggests doing on a soft hike to truly enjoy the journey.

Persons: Lucy Hird, Emily Thornton, Thornton, Hird Organizations: CNBC Locations: Manchester

McKinsey says generative AI could add $7.3 trillion in value to the world economy each year and believes half of today's work activities could be automated between 2030 and 2060. The latest Bank of America survey in June showed 29% of global investors don't expect AI to increase profits or jobs. "There's a lot of focus on the risks that generative AI can bring. He sounded confident over the capacity of some professional information and data providers, which own proprietary data, to integrate generative AI into their products. Cristina Matti, small and midcaps portfolio manager at Amundi, said indiscriminate investing was not an option for investors seeking AI exposure.

Persons: Gilles Guibout, UK's Pearson, Chegg, Pearson, Thomas McGarrity, Andrea Scauri, Scauri, Capgemini, Cristina Matti, Danilo Masoni, Lucy Raitano, Chizu Organizations: Nvidia, McKinsey, AXA Investment, Bank of America, Microsoft, RBC Wealth Management, Accenture, Thomson Locations: MILAN, Europe, United States, Paris, Lemanik, Amundi

☆ Overlooked No More: Dolores Alexander, Feminist Journalist and Activist
▼ + stars: | 2023-06-25 | by ( Nina Siegal | ) www.nytimes.com time to read: +1 min

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. Dolores Alexander had a few distinct careers throughout her life. She was executive director of the National Organization for Women, working alongside its president and co-founder, Betty Friedan. And she was a founder of the organization Women Against Pornography. This was a women’s club.

Persons: Dolores Alexander, Betty Friedan, Mother Courage, Jill Ward, ” Lucy Komisar, ” Organizations: The New York Times, Newsday, National Organization for Women Locations: Times, United States, Manhattan’s meatpacking

☆ How New York City's sky-high cost of living stacks up to London
▼ + stars: | 2023-06-24 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +1 min

New York tied with Singapore as the most expensive cities in the world in 2022, according to the Economist Intelligence Unit's Worldwide Cost of Living Index. She recently challenged herself to limit her weekly spending to $150, something she's done while living in various cities around the world. Tracking your spending "really makes you conscious of how much you're spending," Wong said. A one-bedroom close to the city center is around $3,700 in New York, according to cost-of-living data collection project Numbeo as of June 21, while a comparable apartment in London would cost roughly $2,600. On top of a bigger rent payment, groceries are nearly 70% more expensive in New York, according to Numbeo.

Persons: Lucy Wong, Wong, Lily Slater Organizations: New York, Economist Intelligence, Index, London, Finance Locations: York, London, Singapore, New Yorker, New York

GSK on Friday said the settlement reflected its desire to avoid distraction related to protracted litigation in this case. It did not admit any liability and said it would vigorously defend itself in any other Zantac cases. The trial was due to start on July 24, the first test of how Zantac cancer claims would fare before a jury. Lucy Coutts, investment director at wealth management firm JM Finn, which holds GSK shares, said the Goetz settlement could create a precedent to settle other cases. "It also removes the distraction of any protracted litigation as the company must focus on its future pipeline which is where value will be created for shareholders," she said.

Persons: drugmaker, James Goetz, Emily Field, Lucy Coutts, JM Finn, Goetz, Dado Ruvic, Boehringer Ingelheim, Zantac, Natalie Grover, Eva Mathews, Dhanya Ann Thoppil, Barbara Lewis Organizations: GSK, Barclays, GlaxoSmithKline, REUTERS, Pfizer, Sanofi, Companies, Bank of America, FDA, Thomson Locations: U.S, British, California, Delaware, London, Bengaluru

☆ Face of seventh-century teen buried with rare cross revealed
▼ + stars: | 2023-06-23 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

She was ceremoniously laid to rest with a gold and garnet-encrusted cross, and her burial site was uncovered more than a decade ago. The remains of the teen, who died around the age of 16, according to researchers, presented striking questions: Where did she come from? The Trumpington Cross was found during an excavation of the grave in 2012. And her ornately decorated cross, often referred to as the Trumpington Cross, indicates she was likely an aristocrat, if not royalty, and one of the era’s earliest Christian converts. The Trumpington Cross that was found at the burial site, believed to have been unearthed for the first time since the seventh century.

Persons: —, you’ve, ”, Sam Leggett, Leggett, ” Leggett, University of Cambridge Leggett, bioarchaeologists, Hew Morrison, Morrison, ” Morrison, It’s, Sam Lucy, ” Lucy, she’s, “ Organizations: CNN, University of Edinburgh, University of Cambridge, Christian Church, University of Cambridge’s Museum of Archaeology Locations: Great Britain, Cambridge, Trumpington, Scotland, England, Germany, what’s, United Kingdom, Cambridge Region, ”

☆ For New Zealand exporters, China both a target and a risk
▼ + stars: | 2023-06-22 | by ( Lucy Craymer | ) www.reuters.com time to read: +4 min

Wellington has historically taken a more conciliatory approach towards China than Australia or its other Five Eyes security partners. “Building of North Asia (markets) and the building of Southeast Asia (markets) is really, really crucial because it's de-risks that dependency,” Talbot said. CALLS FOR DIVERSIFICATIONThere is no expectation that New Zealand will stop selling to China. China needs the food and fibre that New Zealand produces and is prepared to pay for it. “China is going to be a really, really fundamental trading partner for this country for the foreseeable future,” Pete Chrisp, chief executive of government funded international business development agency New Zealand Trade and Enterprise.

Persons: Chris Hipkins, Jacinda Ardern, Xi Jinping, ”, Mathew Talbot, it's, ” Talbot, New Zealand Wang Xiaolong, “, ” Hipkins, Hipkins, Li Qiang, Zhao Leji, Xi, It's, Pete Chrisp, Lucy Craymer, Martin Quin Pollard, Lincoln Organizations: New Zealand, New, Alliance, National People’s, New Zealand Trade, Enterprise, Thomson Locations: China, Australia, New Zealand, Wellington, Asia, Southeast Asia, Zealand, North America, Beijing

Around the world we talk a good game about the importance of education, but we rarely act as if we mean it. Here’s an unlikely exception: Sierra Leone, one of the world’s most impoverished countries. If Sierra Leone can do this, other countries can — and surely the United States can emulate that same determination to help every child learn. This education revolution in Sierra Leone is the brainchild of President Julius Maada Bio and his youthful minister of education, David Sengeh. A Harvard graduate, Sengeh was working for IBM when President Bio asked him to come home and help his country — but now they face a test.

Persons: Julius Maada, David Sengeh, Sengeh, Bio Organizations: Harvard, IBM, Nationwide Locations: Sierra Leone, —, United States

Senator Tommy Tuberville for holding up some 200 Pentagon nominees over a Defense Department abortion policy. I don't remember it happening before, and I've been around," Biden said of the actions of Tuberville at a fundraiser for wealthy donors in California's Silicon Valley. The Alabama senator has called the policy a violation of the Hyde Amendment, which prohibits using federal taxpayer funds for abortion services. Jean-Pierre said the senator's blockade on the nominees was hurting military families and risking "our military readiness by depriving our armed forces of leadership." The Alabama senator is blocking what is usually a speedy process to confirm Pentagon nominees.

Persons: Joe Biden, Lucy Evans, Kevin Lamarque, Tommy Tuberville, I've, Biden, Karine Jean, Pierre, Jean, Lloyd Austin, May, Trevor Hunnicutt, Nandita Bose, Jonathan Oatis Organizations: Interpretive, Preserve, REUTERS, Republican U.S, Defense Department, Pentagon, Alabama, House, U.S, Senate, Defense, Thomson Locations: Palo Alto , California, U.S, Silicon, Tuberville, Alabama, Los Gatos , California, Washington

‘Living on top of each other’Mission Antarctica: Each year, the UK Antarctic Heritage Trust sends a crack team to run one of the world's most remote post offices. UK Antarctic Heritage Trust Shovel your way in: It was a tough start. UK Antarctic Heritage Trust Food reserves: Unsurprisingly, fresh food is in short supply, other than what comes their way via visiting cruise ships. UK Antarctic Heritage Trust Kitted out: Those sunglasses are crucial if you don't want to risk snow blindness. UK Antarctic Heritage Trust The post office at the end of the world Prev NextThe chosen candidates beat out odds of one in a thousand – but this is not a cozy posting.

Persons: They’d, Clare Ballantyne, it’s, Ballantyne, Lucy Bruzzone, Mairi Hilton, Natalie Corbett, Camilla Nichol, Nichol, “, ”, Vicky Inglis, ‘ Cheeriness, Cheeriness, They’ll, aren’t, Says Nichol Organizations: CNN, Britain’s Royal Navy, Port, Antarctic Heritage Trust, Base, Antarctic Heritage Trust Food, Antarctic Heritage, British Antarctic Survey, International Association of Antarctica Locations: there’s, Antarctica, Inglis, Montreal, Antarctic

☆ Man with axe attacks Chinese restaurants in New Zealand, injuring four
▼ + stars: | 2023-06-19 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

WELLINGTON, June 20 (Reuters) - A man wielding an axe entered three Chinese restaurants on Monday night in New Zealand’s largest city Auckland, sending four people to hospital, authorities and local media reported. One victim was discharged and three remain in stable condition, North Shore and Auckland hospital spokespeople said on Tuesday. Local media reported that the man went into three Chinese restaurants — Zhangliang Malatang, Yues Dumpling Kitchen and Maya Hotpot — and started randomly attacking people with an axe around 9 p.m. on Monday night. A witness told local news organisation Radio New Zealand that she was eating at Maya Hotpot with a friend when a man came at her friend with the axe. New Zealand Police said they had arrested a 24-year-old man and he was due to appear in court on Tuesday on a charge of wounding with intent to cause grievous bodily harm.

Persons: spokespeople, Hotpot —, Hotpot, Lucy Craymer, Lisa Shumaker Organizations: Local, Radio New Zealand, New Zealand Police, Police, Thomson Locations: New Zealand’s, Auckland, North Shore

☆ A.I. could ‘remove all human touchpoints’ in supply chains. Here’s what that means
▼ + stars: | 2023-06-19 | by ( Lucy Handley | ) www.cnbc.com time to read: +7 min

Ryan Collerd | Bloomberg | Getty ImagesArtificial intelligence is likely to shake up the transportation industry — transforming how supply chains are managed and reducing the number of jobs carried out by people, according to analysts and industry insiders. Sidewalk robots, self-driving trucks and customer service bots are on their way, along with generative AI that can predict disruptions or explain why sales forecasts may have been missed, according to industry executives. "AI may be able to totally (or nearly) remove all human touchpoints in the supply chain including 'back office' tasks," Morgan Stanley 's analysts led by Ravi Shanker stated in a research note last month. AI is the latest one of these potentially transformative technologies to emerge – and perhaps the most powerful to-date," the analysts added. This is a theme picked up by analysts at investment firm Jefferies, who made multiple predictions about the effect that generative AI will have on transportation and logistics.

Persons: Morgan Stanley, Ryan Collerd, Ravi Shanker, Morgan, Jefferies, Stephanie Moore, Navneet Kapoor, Kapoor, Maersk, Igor Rikalo Organizations: Hershey Co, Bloomberg, Getty, EV, Trucking, Logistics, CNBC, Maersk, o9 Solutions Maersk Locations: U.S, Russia, Ukraine

☆ The future of medicine may lie in space
▼ + stars: | 2023-06-17 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Days after I got my first taste of working at a lab bench, a company set forth to prove scientific research can be successfully done in orbit without any humans present. Look upVarda Space Industries plans to use a small capsule, shown in the rendering above, to conduct pharmaceutical research in space. Varda Space industriesThe future of medicine may take flight in space. Unearthed in Ethiopia in 1974 and representing 40% of a skeleton, the remains revealed an early human relative who lived millions of years before Homo sapiens. Meanwhile, other, more recent fossil discoveries are shaking up what we know about early human migration.

Persons: Varda, Lucy, Dave Einsel, paleoanthropologist Dr, Ashleigh L.A, Wiseman, waddle, Frank Postberg, Jochen Brocks, —, Ashley Strickland, Katie Hunt Organizations: CNN, Logan Science Journalism, Marine Biological, Space Industries, Research, British Antarctic Survey, Sky, University of Cambridge, ATP, Freie Universität Berlin, Australian National University, CNN Space, Science Locations: Woods Hole , Massachusetts, California, Antarctica, Weddell, Ethiopia, Barney Creek, Northern Australia, Australia, New England

It overtook Europe's STOXX 600 (.STOXX), which is up 9%, in late May for the first time this year. In dollar terms, the STOXX 600 (.STOXXD) is still lagging, having gained 11.3% in 2023, while the euro is up 1.1%. "Relative to the U.S., European equities are looking less interesting and attractive," said Bernie Ahkong, co-chief investment officer at fund manager UBS O'Connor Global Multi-strategy Alpha. The euro zone economy was in technical recession in the first quarter, data from European statistics agency Eurostat showed last week. "But Europe looks even more unattractive than the U.S., because the temporary good data from Europe is really going to turn."

Persons: Europe's, Bernie Ahkong, UBS O'Connor, Ahkong, Geoffroy Goenen, Candriam, Graham Secker, Morgan Stanley, Hani Redha, Alex Richardson Organizations: UBS, UBS O'Connor Global, Alpha, U.S, Bank of America's, Eurostat, Barclays, Thomson Locations: U.S, Europe, China, PineBridge, United States

☆ Rare video footage shows a cannibalistic killer crab gobbling up babies. 'I have never seen this behavior before,' one expert said.
▼ + stars: | 2023-06-16 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

Every year, millions of Christmas Island red crabs make their way to the Indian Ocean to lay eggs. David Attenborough's Netflix series "Our Planet II," shows an adult crab feasting on baby crablets. The Christmas Island crabs are terrestrial, inhabiting the island's rainforests during most of the year. When the eggs hit the water, the red crab larvae hatch. You can watch "Our Planet II" on Netflix.

Persons: David Attenborough's, Lucy Turner, —, I've Organizations: David Attenborough's Netflix, Service, Netflix, University of Plymouth, Parks Australia –

☆ European equity investors hunt for big returns in small places
▼ + stars: | 2023-06-15 | by ( Lucy Raitano | ) www.reuters.com time to read: +5 min

The MSCI Europe SMID index of European small to mid-cap firms (.MIEU000D0PEU) is trading near 2008 lows versus the wider market in terms of valuations, including both price/earnings and price-to-book ratios. The bank's small cap basket is invested across sectors, or 'sector neutral', to make it "less prone to the ups and downs of cyclical acceleration and deceleration." But M&A remains a supportive theme, said Amundi's Matti, as big players seeking external growth can look to the small cap sector for niche expertise to add to their portfolios. "When people are trying to find alpha to add to their portfolio, small caps tend to be the place to look at," said Matti. "Ultimately, they (small caps) are a rich hunting ground for long-term investors."

Persons: Dash, Emmanuel Cau, Amundi, Cristina Matti, Amundi's Matti, Matti, Graham Secker, Morgan Stanley, ”, Bernie Ahkong, Morgan Stanley's Secker, Thomas McGarrity, Lucy Raitano, Susan Fenton Organizations: Barclays, Energy, Reuters Graphics, O’Connor, Alpha, UBS Asset Management, Data, RBC Wealth Management, Thomson Locations: Europe, Amundi

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