DIRS.INFO The most relevant business & tech news

☆ Quebec expects possible profit with planned sale of A220 jet program stake in 2030
▼ + stars: | 2023-11-20 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

[1/2] An Airbus A220-300 is seen at the Airbus facility in Mirabel, Quebec, Canada February 20, 2020. Quebec holds a 25% stake in the jet, which has faced scrutiny as Airbus struggles to contain costs on parts. Airbus has also faced delays in ramping up production toward its latest target of 14 planes per month by 2026. Airbus has said it plans to raise Mirabel production to 10 A220s a month, with four jets a month in Mobile. The planemaker created the Mobile production line for U.S. customers to avoid a trade dispute with Boeing (BA.N) when it took over the plane from Canada's Bombardier in 2018.

Persons: Christinne, Pierre Fitzgibbon, Fitzgibbon, we're, Allison Lampert, Jonathan Oatis Organizations: Airbus, REUTERS, Rights, Reuters, Quebec, Aerospace, Bombardier, Mirabel, Boeing, Mobile, Thomson Locations: Mirabel, Quebec, Canada, Airbus's, Mobile , Alabama, Mobile

☆ LSEG names Publicis finance chief Michel-Alain Proch as CFO
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: 1 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 20 (Reuters) - The London Stock Exchange Group (LSEG.L) on Monday named Michel-Alain Proch as its new finance chief, starting March 1, 2024. Proch, who currently serves as group CFO of advertising group Publicis <PUBP.PA>, takes on the role from Anna Manz, who stepped down in May. Last week, LSEG, which owns London's 300-year old stock exchange, raised its mid-term growth guidance to "mid-to-high single" digits and said it would return a billion pounds to shareholders in 2024 as it looks beyond the integration of data and analytics company Refinitiv. Reporting by Eva Mathews in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Michel, Alain Proch, Proch, Anna Manz, Eva Mathews, Sonia Cheema Organizations: London Stock Exchange, REUTERS, Thomson Locations: Canary Wharf, London, Britain, Bengaluru

Analysts attended earnings calls in the third quarter armed with questions for healthcare and consumer companies about the potential effect on their sales from the growing popularity of these drugs, known as GLP-1 agonists. A Reuters analysis of earnings transcripts for the third quarter showed "GLP-1" or alternatives like "obesity" or "weight-loss medications" were mentioned 256 times across 29 U.S. and European healthcare and consumer companies. That's more than double the mentions for the second quarter, when those phrases came up 127 times. While some consumer companies have talked about factors such as fewer calories being consumed, "these kind of large extrapolations" seem to be a bit of a stretch, said BMO Capital analyst Evan Seigerman. For big pharma manufacturers like Pfizer (PFE.N) and Amgen (AMGN.O), analyst questions were aimed at their obesity drug candidates.

Persons: Lilly, George Frey, Jeff Jonas, it's, Eli Lilly's, John Furner, Mondelez, Eli Lilly, Evan Seigerman, LVMH, Rajesh Kumar, Jonas, Bhanvi Satija, Savyata Mishra, Arpan Varghese, David Gaffen, Shounak Organizations: Novo Nordisk, Pharmacy, REUTERS, Gabelli, Novo, Walmart, Walmart U.S, Hershey, Truist Securities, Krispy, BMO Capital, Danish, pharma, Pfizer, Devices, HSBC, Thomson Locations: Provo , Utah, U.S, United States, Novo, Bengaluru

☆ Opinion | Is Biden vs. Trump the ‘Election We Need’?
▼ + stars: | 2023-11-20 | by ( ) www.nytimes.com time to read: +4 min

We need this election to once and for all defeat MAGA and Trumpism, and send Donald Trump packing, if he is not in prison. Nicholas BuxtonNew YorkTo the Editor:Carlos Lozada writes: “Joe Biden versus Donald Trump is not the choice America wants. I would rather risk losing to a Nikki Haley than take the chance on beating Mr. Trump. Millions of people are yearning for an alternative to an octogenarian Joe Biden and to an existentially dangerous to our democracy Donald Trump. In a recent poll, a “generic” Democrat matched against Mr. Trump outperformed Joe Biden by more than 10 points.

Persons: Trump, Carlos Lozada, Joe Biden, MAGA, Trumpism, Donald Trump, Henry A, Lowenstein, Biden, Biden’s, Nicholas Buxton, “ Joe Biden, Trump’s, —, Nikki Haley, Carol Kraines Deerfield, Dean Phillips, Phillips, “, ”, Ken Derow Swarthmore Organizations: Biden, Trump, Lowenstein New, Democratic, New York Times, Justice Department, Mr, Dean Phillips of, Democrat, CNN Locations: Republic, Lowenstein New York, Siena, York, Ill, Dean Phillips of Minnesota, Pa

☆ Sheryl Sandberg says rape should never be a tool of war and the horrors of the Hamas terror attacks can't be swept under the rug
▼ + stars: | 2023-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Israeli authorities are building cases against Hamas militants accused of rape and sexual assault. "The silence on these war crimes is deafening," Sheryl Sandberg wrote in an opinion essay. Rape and sexual violence have long been tragic elements of war and conflict throughout history, from World War II to the Rwandan genocide and Sierra Leonean Civil War of the 1990s. "In many contexts, sexual violence is not merely the action of rogue soldiers, but a deliberate tactic of warfare. "We can each 'be a witness' and together call out this unacceptable horror and unimaginable suffering," Sandberg wrote in her op-ed.

Persons: Sheryl Sandberg, —, Sheryl Sandberg Dominic Lipinski, " Sandberg, Sandberg Organizations: Service, Meta, CNN, Sierra Leonean, United Nations Women, UN Locations: Sierra Leonean Civil, Ethiopia, Ukraine, Sudan, Israel

☆ France test-fires long-range ballistic missile in bid to boost nuclear deterrence
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +2 min

PARIS, Nov 19 (Reuters) - France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus (AIR.PA) and French defence group Safran (SAF.PA).

Persons: Vladimir Putin, Safran, Geert De Clercq, Hugh Lawson Organizations: Russia, French Navy, Airbus, Ballistic, Thomson Locations: France, Ukraine

☆ Opinion: Bad behavior test isn’t just about George Santos
▼ + stars: | 2023-11-19 | by ( Michael Ryan | Richard Galant | ) edition.cnn.com time to read: +19 min

What they do results from neurons firing in assorted regions of the brain, the product of an array of causes they can’t control. Every now and then someone bursts out crying — a member of his family has been killed, or his house destroyed. • Join us on Twitter and FacebookThere was no visible sign of progress on the wars in Gaza and Ukraine. Writing before the summit, Frida Ghitis noted, “Biden may want Xi to help bring down the temperature on the world’s ongoing wars and help prevent new ones from igniting. “Today’s miseries of flying derive from this choice to deregulate airlines and unleash them into the Hunger Games of ordinary incentives.

Persons: Robert M, Sapolsky, ”, Sen, Bernie Sanders, Douglas Heye, Tim Burchett, Kevin McCarthy, elbowing, McCarthy, Heye, Burchett, tortuously, Mike Johnson, Johnson, George Santos, “, ” Drew Sheneman, Julian Zelizer, Santos, ” “ Santos, Trump, ” Zelizer, John Avlon, Clay Jones, Nikki Haley’s, Nikki Haley's, Nikki Haley, Haley, she’d, Cupp, Hussein Ibish, ” “, Israel —, Abbas —, Fatma, Khan Younis, there’s, —, Jessica Rosenberg, Joe Biden, ” Biden, Rosenberg, “ Biden, “ Aviva Klompas, speechwriting, Laden, Osama bin Laden, Peter Bergen ,, bin, bin Laden, ’, Walt Handelsman, Joan Steinau Lester, Xi Dana Summers, Biden, Xi Jinping, Frida Ghitis, Xi, ” Peter Bergen, Juvenal, Stephen I, Vladeck, they’ll, Stephen Brobeck, ” Trump’s, Donald Trump, Dean Obeidallah, “ I’m, Barack Obama, Peter Bergen, Megan Fox, Mike Coppola, Megan Fox isn’t, Patricia Grisafi, Tupac Shakur, Billy Corgan, Alicia Keys, Mary Lambert, Florence Welch, Halsey, Lana del Rey, Bob Dylan, Grisafi, Ganesh Sitaraman, Sitaraman, ” Don’t, Fareed Zakaria, Jill Filipovic, Travis Kelce, Taylor Swift Judi Ketteler, Noah Berlatsky, Nicolas, Elizabeth Debicki, Diana, Daniel Escale, Holly Thomas, Princess Diana, irresistibly, ” Thomas, Prince Charles ’, Camilla Parker, Bowles, Mohamed Al, Dodi, Spencer, Diana cavorting Organizations: CNN, Teamsters, House Republican, “ Tennessee Republican, Democrats, George Santos of New, Content Agency Santos, Long Island Republicans, GOP, Guinness, World Records, Democrat, CNN Former UN, New Hampshire, Trump, Fox News, West Bank, Gulf States Institute, Fatah, Palestinian Authority, Palestine Liberation Organization, PLO, “ Aviva, United Nations, Guardian, Agency, Biden, San Francisco Wednesday, China, Twitter, Consumer Federation of America, Democratic, Fox, “, Hunger Games, Liberty ’, Netflix Locations: George Santos of, George Santos of New York, Las Vegas, Atlantic City, New, Israel, Gaza, Washington, Gaza City, Minneapolis, Iran, United States, America, al Qaeda, San, Ukraine, China, Mexico, Kansas City , Missouri, New Hampshire, Nazi Germany, Ohio, Al

☆ Millennial and Gen Z parents are struggling
▼ + stars: | 2023-11-19 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

AdvertisementMillennial and Gen Z parents are finding themselves isolated. But they and Gen Zers behind them have finally caught up to previous generations in terms of their income, Jean Twenge, a psychologist and the author of "Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents—and What They Mean for America's Future," told me. As fast as the money comes in from the pay raises that millennials and Gen Zers have secured, for parents the money goes right back out. These realities can force many millennial and Gen Z parents to make tough choices. But, at the same time, young parents are fleeing those walkable cities for the towns next door.

Persons: Kyle Taylor doesn't, Taylor, they're, Gen, they've, We've, Natalie Groff, Gen Zers, Jean Twenge, Gen X, Silents, Twenge, Groff, she's, Jimmy Gomez, Gomez, of Labor He's, Zers, It's, millennials, they'd, Brittany Pettersen, we've, Pettersen, that's, She's, Becca Balint, didn't, Balint, That's, who's, isn't, Juliana Kaplan Organizations: Bureau of Labor Statistics, Bank of America, Department of Labor, Congressional, Caucus, of Labor, Pew Research Center, National Association of Realtors, Deloitte, Democratic Locations: The Alabama, New York City, California, Younger, Colorado, America, Vermont

[1/5] Palestinian Hamza al-Qawasmi takes care of trees near his home, in Hebron in the Israeli-occupied West Bank, November 15, 2023. REUTERS/Mussa Qawasma Acquire Licensing RightsRAMALLAH, West Bank, Nov 18 (Reuters) - Hamza al-Qawasmi was at home in the occupied West Bank city of Hebron last month when Israeli forces stormed in after midnight and told him he was under arrest. The Israeli military did not respond to requests for comment on Qawasmi's case. The Israeli military has said it operates in the West Bank against suspects involved in militant activity. Prisons are overseen by far-right National Security Minister Itamar Ben-Gvir, who has long advocated for a crackdown on Palestinian prisoners.

Persons: Hamza al, Mussa, Qawasmi, Mohammad Shtayyeh, Israel, Qadura, Fares, Heba, Itamar Ben, Gvir, Yosri al, Jamal, Howard Goller Organizations: West Bank, REUTERS, West, Islamic, Hebron University, Reuters, ISIS, Israel, Palestinian Health Ministry, East, Palestinian, Amnesty, Hamas, Israel Prison Service, Palestinian Prisoners Society, Commission, Prisoners ' Affairs, Palestinian Authority, Prisons, National, Thomson Locations: Hebron, RAMALLAH, West, West Bank, Gaza, Israel, East Jerusalem, Ramallah, East, North Africa, Palestinian, Banat, Nizar Banat

☆ Biden says Palestinian Authority should ultimately govern Gaza and West Bank
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Julia Nikhinson Acquire Licensing RightsWASHINGTON, Nov 18 (Reuters) - U.S. President Joe Biden said on Saturday the Palestinian Authority should ultimately govern the Gaza Strip and the West Bank following the Israel-Hamas war. "As we strive for peace, Gaza and the West Bank should be reunited under a single governance structure, ultimately under a revitalized Palestinian Authority, as we all work toward a two-state solution," Biden said in an opinion article in the Washington Post. Israeli Prime Minister Benjamin Netanyahu took issue with Biden's plan for the Palestinian Authority to govern Gaza. The Palestinian Authority used to run both the West Bank and Gaza but was ousted from the latter in 2007 after a brief civil war with Hamas. Biden also said the United States is prepared to issue visa bans against "extremists" attacking civilians in the West Bank.

Persons: Joe Biden disembarks, Julia Nikhinson, Joe Biden, Biden, Benjamin Netanyahu, we’ve, Netanyahu, Mahmoud Abbas, Israel, Steve Holland, Eric Beech, Emily Rose, Doina Chiacu, Daniel Wallis Organizations: Delaware Air National Guard Base, REUTERS, Rights, Palestinian Authority, West Bank, Washington Post, Hamas, West Bank and, Palestine TV, The West Bank, Thomson Locations: Marine, Wilmington, New Castle , Delaware, U.S, Gaza, Israel, Washington, United States, Tel Aviv, West Bank and Jerusalem

RAMALLAH, West Bank, Nov 18 (Reuters) - Hamza al-Qawasmi was at home in the occupied West Bank city of Hebron last month when Israeli forces stormed in after midnight and told him he was under arrest. The Israeli military did not respond to requests for comment on Qawasmi's case. Palestinian detainees and officials say Israel has conducted mass arrests in the occupied West Bank and East Jerusalem and that prisoners were increasingly facing physical assaults and humiliating treatment in Israeli detention facilities. The Israeli military has said it operates in the West Bank against suspects involved in militant activity. Prisons are overseen by far-right National Security Minister Itamar Ben-Gvir, who has long advocated for a crackdown on Palestinian prisoners.

Persons: Hamza al, Qawasmi, Mohammad Shtayyeh, Israel, Qadura, Fares, Heba, Itamar Ben, Gvir, Yosri al, Jamal, Howard Goller Organizations: West Bank, West, Islamic, Hebron University, Reuters, ISIS, Israel, Palestinian Health Ministry, East, Palestinian, Amnesty, Hamas, Israel Prison Service, Palestinian Prisoners Society, Commission, Prisoners ' Affairs, Palestinian Authority, Prisons, National, Thomson Locations: RAMALLAH, West, West Bank, Hebron, Gaza, Israel, East Jerusalem, Ramallah, East, North Africa, Palestinian, Banat, Nizar Banat

There's a lot of military people here, I just don't understand how this objective can be realised," Ayman Safadi said at the annual IISS Manama Dialogue security conference in Bahrain. Israel vowed to wipe out Hamas since its deadly Oct. 7 cross-border rampage into nearby Israeli communities. And we need to end that today, not tomorrow," said Saudi Foreign Minister Prince Faisal bin Farhan. "Hamas cannot be in control of Gaza any longer," Borrell told the Manama Dialogue, an annual conference on foreign and security policy. The PA is deeply unpopular among Palestinians, perceived largely as a corrupt security subcontractor for Israel, and Israel is now under a hardline religious-nationalist government.

Persons: Ayman Safadi, Prince Faisal bin Farhan, Brett McGurk, Joe Biden's, Prince Turki al, Faisal, Josep Borrell, Borrell, Mahmoud Abbas, Abbas, Fatah, Anwar Gargash, Enas Alashray, Michael Georgy, Mark Heinrich Our Organizations: UAE, Hamas, Saudi Foreign, Israel, WHO, United Nations, Palestinian Authority, West Bank, European Union, West Bank ., United Arab Emirates, Thomson Locations: Israel, Gaza Gaza, Bahrain, Gaza, MANAMA, Palestinian, Manama, Gaza City, Regional, Saudi Arabia, GAZA, Saudi, U.S, UAE, Cairo

☆ Fewer shoppers in Burberry stores complicates design overhaul
▼ + stars: | 2023-11-17 | by ( Mimosa Spencer | ) www.reuters.com time to read: +5 min

With fewer shoppers heading to Burberry stores, clinching a sale will be key. The label has filled its stores with new styles across a wider price range, including a renewed emphasis on its staple outerwear. At Burberry he has applied colourful dandelion prints to garments and rolled out advertising campaigns with fuzzy ducklings. "We like what Burberry is doing with product and range architecture, however, the timing is not ideal," said analysts at RBC. Burberry Chief Financial Officer Kate Ferry said the company was "absolutely committed to protecting all of the consumer-facing areas".

Persons: Daniel Lee's, Jonathan Akeroyd, Akeroyd, Riccardo Tisci, Lee, Tisci, Marco Gobbetti, Kering, LVMH, Louis Vuitton's womenswear, Nicolas Ghesquiere, Kate Ferry, Mimosa Spencer, Paul Sandle, Kirsten Donovan Organizations: Burberry, Shoppers, JPMorgan, Bond, Bottega, RBC, Gucci, Citi, Thomson Locations: United States, Europe, China, Los Angeles, Dallas, Houston, Omotesando, Tokyo, London

☆ Opinion: Why Israel’s divide-and-rule approach towards Palestinians backfired so spectacularly
▼ + stars: | 2023-11-17 | by ( Opinion Hussein Ibish | ) edition.cnn.com time to read: +13 min

Why Ending the Occupation and Peace with Israel is Still the Palestinian National Goal.” The views expressed in this commentary are his own. Hamas’ unwavering commitment to armed struggle and violence allowed the Israeli right to paint the entire Palestinian national movement as hopelessly extreme. He reportedly said that this was part of Israel’s strategy — to isolate the Palestinians in Gaza from the Palestinians in the West Bank. But the old, infirm and chain-smoking politician, who at least has time and again proven his unwavering rejection of violence as a Palestinian national strategy, represents exactly this trend among Palestinians. The Biden administration appears to understand the challenge in theory, but how much they can or will do to implement such a revised policy towards the Palestinian political scene is uncertain at best.

Persons: Hussein Ibish, Read, Shimon Peres, Yitzhak Rabin, Bill Clinton, Yasser Arafat, DAVID AKE, Ariel Sharon, Benjamin Netanyahu, Mahmoud Abbas, Fatah, Netanyahu, Hussein, Abbas, Christy Bowe, Israel’s, Yasser Arafat’s, it’s, It’s, Biden, Israel —, Abbas — Organizations: Gulf States Institute, CNN, West Bank, Fatah, Palestinian Authority, Palestine Liberation Organization, PLO, Hamas, Palestinian, Muslim, White, AFP, Getty, UN, Israel, White House, ImageCatcher Locations: Washington, Israel, Gaza, Oslo Accords, AFP, Oslo, Israeli, Palestinian, Jerusalem, Middle, Abbas

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSHANGHAI/PARIS, Nov 17 (Reuters) - The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. "Luxury brands offer you this event experience, this personal experience and it makes you feel privileged," Wang told Reuters. This week, Burberry (BRBY.L) also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China. FEEDING THE LUXURY HABITEven as they narrow their focus, luxury brands remain optimistic about the potential in China, which is forecast to account for almost 40% of global luxury sales by 2030, according to consultants Bain. Luxury consultant Mario Ortelli said several luxury firms are hedging their bets on China by also expanding their global footprint.

Persons: Thomas Peter, Diana Wang, Wang, Tiffany, Chopard, Jacques Roizen, Cartier, Richemont, It's, Jean, Marc Duplaix, Versace, Donatella Versace, Gucci, Chanel, Dior, Cyrille Vigneron, LVMH, Louis Vuitton, Bain, Eric du Halgouet, Birkin, Mario Ortelli, Ortelli, it's, Mimosa Spencer, Casey Hall, Miral Organizations: Tiffany, REUTERS, Rights, Reuters, Burberry, HSBC, Digital Luxury, Chanel, Shanghai, Capri Holdings, Tapestry, Bund, Thomson Locations: Beijing, China, PARIS, Shanghai, Cartier, Shenzhen, South Korea, Japan, Thailand

Israeli Prime Minister Benjamin Netanyahu said at the weekend that the PA in its current form should not take charge of Gaza. In the wake of Netanyahu's comments, Israeli officials have insisted that Israel does not intend to occupy the Gaza Strip. Dahlan has the backing of the influential United Arab Emirates to lead a post-war administration in Gaza, according to diplomats and Arab officials. So far, the U.S. and its allies have not seen any clear roadmap from Israel for its exit strategy from Gaza beyond the declared aim of eradicating Hamas, diplomats say. Not since the U.S. invasion of Iraq in 2003 has there been such widespread concern about military action raging across the Middle East, according to Arab officials and diplomats.

Persons: Israel tightens, Gaza's, Mahmoud Abbas, Fatah, Benjamin Netanyahu, Mohammed Dahlan, Israel, Dahlan, Joe Biden, Netanyahu, Gaza –, –, Abu Mohammad, We're, Biden, Jonathan Panikoff, government's, Biden's, Antony Blinken, Blinken, Abbas –, Abbas, Mohammad Shtayyeh, Abu Dhabi, Marwan Barghouti, Washington, Joost R, John Kirby, Nidal al, Humeyra Pamuk, Matt Spetalnick, Andrew Mills, James Mackenzie, Crispian Balmer, John Irish, Aidan Lewis, Alexander Cornwell, Samia Nakhoul, Daniel Flynn Organizations: Palestinian, Hamas, Israel Defense Forces, REUTERS, Authority, Palestinian Authority, West Bank, United, Israel, U.S, policymaking, Reuters, Atlantic Council, Gaza, Western, Israel ., UAE, North Africa, Crisis, House, Thomson Locations: Gaza, Israel, Gaza Israel, Iraq, Afghanistan, Palestinian, U.S, United States, Washington, Hamas, Abu Dhabi, United Arab Emirates, America, Egypt, Jordan, UAE, Saudi Arabia, Qatar, Tokyo, Oslo, European, technocrats, United Nations, Middle East, Iran, GAZA, Doha, Jerusalem, Paris, Cairo, Dubai

☆ What King Charles’ birthday celebrations tell us about his priorities
▼ + stars: | 2023-11-17 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +3 min

This theme is something King Charles III adopted from the earliest moments of his reign. The latest cover of The Big Issue features a portrait of King Charles III, taken by celebrated British photographer Rankin to mark the launch of the Coronation Food Project. On Monday, King Charles shared his celebrations with others who were also turning 75. Another signal of the King’s birthday theme of public service came from a change you may have missed this past week. Meanwhile, the Prince of Wales’s Charitable Fund will be known as the King Charles III Charitable Fund going forward.

Persons: didn’t, King Charles III, Charles ’, Queen Camilla, Rankin, Charles, Victoria Jones, ” Charles, Prince Harry, King Charles, Prince Organizations: CNN’s Royal, London CNN —, Food, Rankin, Rankin Creative, Edinburgh, Piccadilly, Buckingham Palace, National Health Service, Clarence House, Prince’s, King’s, Wales’s, King Charles III Charitable Locations: London, British, Buckingham, California, Highgrove , Gloucestershire, Wales

☆ Ex-Meta staffers see booming business targeting online disinformation after two wars break out
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +15 min

Wagner left Facebook parent Meta last year, and her work in trust and safety feels like it was from a prior era. One of her first investments was in a startup called Cove, which was founded by former Meta trust and safety staffers. "One thing I would recommend is transparency at a time where third-party access and understanding to what is going on at scale on social platforms is what is needed." Post is an example of the kinds of companies that trust and safety startups are focused on. Fishman said customers are starting to see trust and safety tools as almost an extension of their cybersecurity budgets.

Persons: Joshua Bratt, Lauren Wagner, Wagner, Mandel Ngan, Roblox, Wagner's, Michael Dworsky, it's, Mason Silber, Donald Trump, Manu Aggarwal, Aggarwal, Abhijnan Dasgupta, Sara Ittelson, Ittelson, Cove's Dworsky, they'd, Alex Goldenberg, Noam Bardin, he's, Bardin, that's, Brian Fishman, Cinder, Fishman Organizations: Meta, Facebook, Hamas, Twitter, Radium Ventures, White, AFP, Getty, CNBC, Innovation Labs, Google, Apple, Republican, Everest Group, Accenture, Genpact, Big Tech, Tech, Venture, Accel, European, Digital Services, Defamation League, Network, Research, Rumble Locations: King's Cross, London, Israel, Washington ,, San Francisco, Russia, Ukraine, Georgia, Cinder, who's, ActiveFence

☆ Israel is tightening its control of northern Gaza. But there is no clear post-war strategy in sight
▼ + stars: | 2023-11-17 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

Abu Dhabi, UAE CNN —The Israeli military is tightening its grip on northern Gaza, as its war on the Hamas militant group is showing no signs of abating. Almost six weeks into the conflict, however, Israel is yet to offer a clear post-war plan for the territory. The Israeli military raided Gaza’s largest hospital, Al-Shifa, on Wednesday after claiming that Hamas had built a command center beneath the sprawling medical complex. The United States has warned against Israel re-occupying Gaza, and has stressed a future role there for the Palestinian Authority (PA). Video Ad Feedback Netanyahu appeared to rule out giving the Palestinian Authority control of post-war Gaza.

Persons: Yoav Gallant, Israel, Khan Younis, Fatima Shbair, ” Frank Lowenstein, Barack Obama, “, ” Lowenstein, Benjamin Netanyahu, Netanyahu, “ Israel, ”, Daniel Levy, CNN’s Dana Bash, Levy, I’m, ” Levy, CNN’s Christiane Amanpour, CNN Kobi Michael, Mahmoud Abbas, –, Abbas, Fadel Senna, Lina Khatib, ” Khatib, CNN’s Becky Anderson, Michael of INSS, Lowenstein Organizations: UAE CNN, Israeli, Israel Defense Forces, Hamas, Al, Palestinian, CNN, United Nations Office, Humanitarian Affairs, of Housing, United, Palestinian Authority, Palestinian Health Ministry, West Bank, Institute for National Security Studies, Palestinian Center, Policy, Research, West Bank . Lowenstein, Regional, Getty, United Arab Emirates, SOAS, East Institute, PLO, Palestine Liberation Organization, Israel’s Ministry, Strategic Affairs, UN Conference, Trade, Development, UNCTAD, UN, Programme, Palestine Economic Policy Research Institute, UNDP, UN Relief and Works Agency for Palestine Refugees, Israel Locations: Abu Dhabi, UAE, Gaza, Israel, Gaza City, Gaza’s, Al, Khan, “, London, New York, United States, Ramallah, Tel Aviv, ”, Israeli, AFP, Egypt, Jordan, Qatar, Saudi Arabia, United Arab, Palestinian, Palestine

Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. The surge in their borrowing from Chinese banks has catapulted the yuan past the euro into becoming the second-biggest currency used in global trade finance, providing a fillip to Beijing's ambitions to internationalize the yuan. "Panda bonds are steadily promoting the renminbi's function as a funding currency", the People's Bank of China (PBOC) said a report last month. German automaker Volkswagen Group (VOWG_p.DE) told Reuters it will use its inaugural 1.5 billion yuan panda bond proceeds only for its onshore China business. ($1 = 7.2421 Chinese yuan renminbi)Reporting by Samuel Shen and Rae Wee Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuan, Dado Ruvic, Fiona Lim, Lim, SWIFT, Mercedes, Yuan internationalisation, Mark Williams, It's, Maybank's Lim, Williams, Samuel Shen, Rae Wee, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Rights, BMW, Crédit Agricole S.A, National Bank of Canada, People's Bank of China, Standard Chartered Bank, Bank of China's, Volkswagen Group, Reuters, Benz Group, Capital Economics, Thomson Locations: Rights SHANGHAI, SINGAPORE, China, Hong Kong, Asia, Russia, Argentina, Pakistan, Nigeria

☆ Environmental groups urge funding halt for TotalEnergies' Mozambique project
▼ + stars: | 2023-11-17 | by ( Wendell Roelf | ) www.reuters.com time to read: +3 min

TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. The letter, seen by Reuters, comes at a crucial juncture for the French energy company as it prepares to relaunch Africa's largest foreign direct investment project. Activists warn the project may worsen climate change and fuel human rights abuses in the impoverished southern African nation. TotalEnergies said before Friday's letter that arrangements for project finance remain in place despite a 'force majeure' halt in 2021 when Islamist militants threatened the project site. The project delay has led some investors to reassess their previous cost assumptions in light of inflation and global gas market swings.

Persons: Eric Gaillard, Banks, TotalEnergies, Ntshengedzeni Maphula, Reta Jo Lewis, Wendell Roelf, Toby Sterling, Nellie Peyton, Forrest Crellin, Mathieu Rosemain, Yuka Obayashi, Tim Cocks, Olivia Kumwenda, Elaine Hardcastle Organizations: REUTERS, Reuters, ActionAid International, Greenpeace, African Development Bank, Societe Generale, Africa's Export Credit Insurance Corporation, Thomson Locations: Nice, France, Mozambique, Greenpeace France, Netherlands, U.S, Exim, Cape Town, Amsterdam, Johannesburg, Paris, Tokyo

☆ Economics and nature square off in Dubai Airshow jet engine rift
▼ + stars: | 2023-11-17 | by ( Tim Hepher | ) www.reuters.com time to read: +5 min

The head of the world's largest international carrier was speaking in the midst of negotiations to buy dozens of Airbus A350-1000 jets powered by Rolls-Royce's XWB-97 engine, which have foundered for now over maintenance and pricing issues. I happen to be a service," Emirates President Tim Clark told reporters this week. INSURANCE-TYPE DEALSWhile the visible face of engine makers is technology, the way they generate much of their income resembles insurance. Rather than charge for repairs as they arise, engine makers increasingly strike long-term deals priced by the flight hour, agreeing to swallow the cost of planned and unexpected outages. To engine makers it means generating cash as soon as the engine enters service rather than waiting for shop visits.

Persons: Denis Balibouse, Tim Clark, Royce's, Larry Culp, Tufan Erginbilgic, Royce, Clark, Rolls, Nick Cunningham, Tim Hepher, Alexander Cornwell, Pesha Magid, Sarah Young, Rajesh Kumar Singh, David Evans Organizations: Boeing, Emirates, Cointrin Airport, REUTERS, Rights, Airlines, Royce, Airbus, GE Aerospace, Reuters, GE, Agency Partners, Thomson Locations: Cointrin, Geneva, Switzerland, Rights DUBAI, Dubai, India, Gulf

☆ Boeing chief strategy officer to depart in 2024 as part of restructuring
▼ + stars: | 2023-11-16 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

A Boeing logo is seen at the company's technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - Marc Allen will step down as Boeing's (BA.N) chief strategy officer at the end of the year and leave the company in 2024 as the U.S. planemaker pares down its strategy arm. In a letter to employees on Thursday, Boeing CEO David Calhoun said the U.S. planemaker will not fill the chief strategy officer role going forward. Boeing will shrink its strategy and corporate development organization and instead have "strategy teams directly joining the business units they support," Calhoun said. Chief Financial Officer Brian West and Mike D’Ambrose, the company's top human resources official, will create a realignment plan for the strategy unit over the next month, Calhoun said.

Persons: Sao Jose dos Campos, Gabriel Araujo, Marc Allen, planemaker, David Calhoun, Calhoun, Brian West, Mike D’Ambrose, Allen, Valerie Insinna, Tim Hepher, Chris Reese, Bill Berkrot Organizations: Boeing, REUTERS, Rights, Embraer, EMBR3, Airbus, Thomson Locations: Sao Jose, Sao Paulo state, Brazil, U.S, China

☆ GKN Aerospace-owner Melrose lifts 2023 profit expectations
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Hannah McKay/File Photo Acquire Licensing RightsNov 16 (Reuters) - British aerospace supplier Melrose (MRON.L) said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger aftermarket demand and improved pricing. The owner of GKN Aerospace, which counts Airbus (AIR.PA) and Boeing (BA.N) as its top customers, said trading and margin performance during the four month ended Oct. 31 was better than its previous expectations. Melrose, which spun off its auto and other businesses in April to become a pure-play aerospace supplier, now expects an adjusted core profit of 680 million pounds to 700 million pounds ($842.5-$867.2 million) for the year ending Dec. 31. In September, Melrose flagged a potential cash hit of about 200 million pounds through 2026 after Pratt & Whitney parent RTX (RTX.N) warned of grounding of some engine variants for quality checks. GKN Aerospace has a 4% programme share on the GTF PW1100G variant impacted by this issue.

Persons: Hannah McKay, Pratt & Whitney, Yadarisa Shabong, Aby Jose Koilparambil, Savio D'Souza Organizations: REUTERS, Melrose, GKN Aerospace, Boeing, Pratt &, Thomson Locations: GKN, Redditch, Britain, British, Bengaluru

☆ Airbus nears compromise deal after Emirates jet order row
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] The Airbus A350-1000 seen in the aerial display during the media preview of the Singapore Airshow in Singapore, February 13, 2022. Industry sources said the two sides were trying to secure a compromise deal involving a switch from the A350-1000, Airbus' largest twin-engined jet which has fallen under the spotlight over the amount of downtime needed in Gulf conditions. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the engine was "defective". However, it would still leave questions over its ability to compete with Boeing's 777X in the busy Gulf wide-body market, they added. Reporting by Tim Hepher, Alexander Cornwell and Pesha Magid; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Chia, planemaker, Tim Clark, Tim Hepher, Alexander Cornwell, Pesha, Jan Harvey Organizations: Airbus, Singapore, REUTERS, Rights, Emirates, Royce, Dubai Airshow, Dubai, Boeing, Thomson Locations: Singapore, Rights DUBAI, Dubai, U.S

Search resuls for: "Pa"

25 mentions found