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☆ FIFA must halt Saudi World Cup bid due to human rights issues, says Amnesty
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

FIFA must halt the process to pick Saudi Arabia as hosts of the 2034 World Cup unless major human rights reforms are announced before the vote next month, Amnesty International and the Sport & Rights Alliance (SRA) have said. A combined bid of Morocco, Spain and Portugal is the sole bid for 2030, while Saudi Arabia is the lone bidder for 2034. Amnesty and the SRA said they had evaluated the human rights strategies proposed by the bidding countries and concluded in a new report that neither bid adequately outlined how they would meet the human rights standards required by FIFA. “FIFA is implementing thorough bidding processes for the 2030 and 2034 editions of the FIFA World Cup,” a FIFA spokesperson said. However, it narrowly failed to win a seat on the United Nations Human Rights Council last month.

Persons: Steve Cockburn, Amnesty’s, “, ”, Hammad Albalawi, Cockburn, ” Cockburn Organizations: FIFA, Amnesty International, Sport & Rights Alliance, FIFA Congress, Amnesty, ” FIFA, Saudi, Britain’s Guardian, United Nations Human Rights Locations: Saudi Arabia, Morocco, Spain, Portugal, Australia, New Zealand, United States, Mexico, Canada, Brazil, Kingdom, Saudi, Qatar, Gulf

☆ Archbishop of Canterbury Justin Welby faces calls to resign over church child abuse
▼ + stars: | 2024-11-11 | by ( Christopher Lamb | ) edition.cnn.com time to read: +5 min

As well as heading the Church of England, the Archbishop of Canterbury acts as the “first among equals” leader of the worldwide Anglican Communion, which includes the Episcopal Church in the United States. Although Smyth sought ordination to the Church of England, he was refused and moved to Zimbabwe in 1984. The report estimates he went on to abuse 85 to 100 male children aged 13 to 17 in Africa. During his time in office, Welby has demanded accountability from those accused of mishandling abuse, including his predecessor, Lord Carey, and the former Bishop of Lincoln. A resignation by an Archbishop of Canterbury over child abuse would be without any obvious historical precedent and there is no mechanism with which to remove an archbishop.

Persons: Canterbury, John Smyth, Justin Welby’s, “, Welby, Smyth, Welby “, Justin Welby, ”, Newcastle, Ann Hartley, Marcus Walker, St Bartholomew the Great, Bishop, Guildford, Andrew Watson, ” Smyth, Lord Carey, of Lincoln Organizations: London CNN, of, of England, Episcopal Church, British, Church of England, BBC, CNN, Eton College Locations: of England, United States, Makin, London, ” Lambeth, South Africa, “, Zimbabwe, Africa, Britain, ”

☆ Ukraine says it cracked open a Russian decoy drone used to fool air defenses and found Western parts inside
▼ + stars: | 2024-11-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said Monday that Russia has been using decoy drones to try and overwhelm its air defenses. Ukraine said it examined a Russian decoy drone and found Western-made parts inside of it. AdvertisementThe Ukrainian military said on Monday that it found Western-made parts inside a Russian decoy drone that was used in an attack over the weekend. However, the decoy drone — which Ukraine calls "Parody" — can apparently mimic the radar signature of a Shahed in a bid to confuse Kyiv's air defenses with fake targets. AdvertisementA look inside a Russian decoy drone.

Persons: —, HUR, Mihai Popșoi Organizations: Monday, Service, Defense Intelligence, Ministry of Defense, Ukraine, Telegram Russia, Getty Locations: Ukraine, Russia, Moldova, NATO, Europe, Iran, Tehran, Belarus, Moldovan

☆ As Australia puts more focus on climate change, New Zealand is accused of pulling back
▼ + stars: | 2024-11-10 | by ( Mahalia Dobson | ) www.nbcnews.com time to read: +4 min

Two major countries’ approach to climate change has turned upside down Down Under. Critics argue that both countries are falling short as they head to this year’s United Nations Climate Change Conference, or COP29, which starts Monday in Azerbaijan. “Standing shoulder to shoulder with Pacific Island nations seems not to mean doing anything Pacific Island leaders have asked,” Hemming said. Albanese’s office and the office of his minister for climate change and energy, Chris Bowen, did not respond to requests for comment. Australia came in for special criticism last month at the Commonwealth Heads of Government Meeting in the Pacific Island nation of Samoa.

Persons: ”, Anthony Albanese, Christopher Luxon, Jacinda Ardern, Luxon, “, Antonio Guterres, Manaui Faulalo, “ We’re, Ralph Sims, ” Sarah Clement, Albanese, Penny Wong, Polly Hemming, ” Hemming, Chris Bowen, Wong Organizations: United Nations, Labor, Conservative, Radio, Getty, Organization for Economic Cooperation, Development, Massey University, Change, Australian National University, Australia Institute, Commonwealth Locations: Australia, New Zealand, South Pacific, Asia, Pacific, Palau, Tuvalu, Kiribati, Anthony Albanese . New Zealand, Samoa’s, AFP, Azerbaijan, Samoa, Vanuatu, Fiji, Canada, Britain

☆ Local impact: The multimillion-dollar payoff to hosting an F1 Grand Prix
▼ + stars: | 2024-11-10 | by ( ) www.cnbc.com time to read: +1 min

The most financially successful event to date was the first-ever Grand Prix in Las Vegas, which generated close to $1.5 billion in economic value, according to local officials. But communities had been feeling F1's local impact even before it broke into the United States. The Australian Grand Prix's economic impact came in around 266 million Australian dollars ($180 million) in 2023, according to EY. "We think it provides enormous economic impact to the state of Victoria and to Melburnians," he added. From Melbourne and Monaco to Abu Dhabi and Silverstone, learn more about F1's local impact by watching the video above.

Persons: Stuart Pringle, Pringle, CNBC's, Travis Auld Organizations: Silverstone Circuit, Formula, Grand Prix Corporation, Silverstone Locations: Las Vegas, United States, Britain, British, Melbourne, Australia, Victoria, Monaco, Abu Dhabi

☆ Princess of Wales attends Remembrance events with royal family
▼ + stars: | 2024-11-10 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

London CNN —Catherine, Princess of Wales joined the royal family as they paid their respects to all those who have lost their lives in conflicts at the annual Remembrance Day service in London on Sunday. Prince William also left a floral tribute, featuring the Prince of Wales feathers and a new ribbon in Welsh red, at the war memorial. Toby Melville/ReutersWorld War II veterans Alec Penstone and Mervyn Kersh meet on Horse Guards Parade ahead of the Royal British Legion’s march past the Cenotaph. Kate, 42, announced she was cancer free in September and would be taking a phased approach to resuming public royal duties. The Princess of Wales joined , Britain's Prince William, Prince of Wales, Britain's King Charles and Britain's Princess Anne, Princess Royal attend "The Royal British Legion Festival of Remembrance" at the Royal Albert Hall in London, Britain, November 9, 2024.

Persons: London CNN — Catherine, Princess of Wales, King Charles III, “, King George VI, Prince William, Prince, King Charles, Chris Jackson, James Manning, Kate, Sophie , Duchess, Prince Edward , Princess Anne, Sir Tim Laurence, Duke, Duchess of Gloucester, Duke of Kent, –, Ben, Keir Starmer, Conservative Party Kemi Badenoch, John Major, Tony Blair, Gordon Brown, David Cameron, Theresa May, Boris Johnson, Liz Truss, Sunak, Kemi Badenoch, Toby Melville, Alec Penstone, Mervyn Kersh, Jaimi Joy, Princess, Wales, William, Royal Albert, Britain's Prince William , Prince of Wales, Britain's King Charles, Britain's Princess Anne, Princess Royal, Chris J, Camilla, Buckingham, I’m, King, Charles Organizations: London CNN, Royal Air Force, Foreign, Commonwealth, Development Office, Conservative Party, British, Reuters, Horse Guards, Royal, Windsor, Royal British Legion Festival of, Royal Albert Hall, Commonwealth Armed Forces personnel, NATO, Royal British Legion Festival, REUTERS, CNN’s Royal, Food Locations: London, Whitehall, Downing, Wales, Edinburgh, Royal British, Southport, England, Normandy, Kosovo, Afghanistan, Britain, Ratcliffe, Wiltshire, South Africa

The Summary A patch of snow in Scotland known for lingering year-round has melted for the fourth consecutive year. Such snow patches can act as harbingers of the broader consequences of climate change. A patch of snow in the Scottish Highlands dubbed the Sphinx typically lingers year-round, staying frozen through the summer. “It’s always been about trying to get that the right balance, to make sure that nature and people can thrive in the national park,” Moir said. We are now looking at an epoch where patches of snow are possibly going to be only occasional survivors.”

Persons: It's, ”, Grant Moir, Moir, ” Moir, “ We’ve, we’ve, “ It’s, Iain Cameron, Scottish Snow Hunter, Cameron, “ Organizations: Scottish Highlands, Park Authority, ” Records, Climate, Scottish, Royal Meteorological Locations: Scotland, Scottish, Braeriach, Great Britain, Scotland’s

☆ Voters worldwide are angry about higher prices and keep punishing those in power
▼ + stars: | 2024-11-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Incumbent governments have been punished in Britain, France, India, Japan, South Korea, and elsewhere. The near-universal shift away from Democrats echoes voters' rejection of incumbent political parties across the world this year. South Africa's African National Congress (ANC) party lost its majority. Similarly, Deutsche Bank's Reid wrote that voters are disappointed by how slowly their lives are improving amid cooler economic growth. He said they don't buy that incumbents can tackle immigration, some incumbent governments have had scandals, and voters have become "much more willing to change their vote from election to election."

Persons: Donald Trump's, Kamala Harris, —, Donald Trump, Biden, Harris, Narendra Modi, Korea's Democrat Party snagged, Jim Reid, Tina Fordham, Louis Perron, Deutsche Bank's Reid Organizations: Service, Democratic, Britain's Labour Party, Conservative Party, Rally, Japan's Liberal Democratic Party, Indian, Korea's Democrat Party, National Congress, ANC, Deutsche Bank, Fed, Bank of England, European Central Bank, CNN, Win, Deutsche Locations: Britain, France, India, Japan, South Korea, London, Tokyo, Seoul, Cape Town, Washington, Gaza, country's, South, Ukraine

☆ Catherine, Princess of Wales, attends remembrance ceremony in rare public appearance since cancer treatment
▼ + stars: | 2024-11-09 | by ( Mitchell Mccluskey | ) edition.cnn.com time to read: +1 min

CNN —Catherine, Princess of Wales, joined other members of Britain’s royal family at a Remembrance Day event in London on Saturday – the latest public appearance by the princess since she underwent preventive treatment for cancer earlier this year. Catherine, also known as Kate, was shown in a photograph attending the Festival of Remembrance at the Royal Albert Hall, along with King Charles and her husband, Prince William. Queen Camilla was originally set to attend but pulled out due to a chest infection, Buckingham Palace said on Saturday. In October, she made her first public appearance since her cancer treatment to meet the bereaved families of three children killed in a knife attack in Southport, northwest England. Kate is also set to attend a Remembrance Day service on Sunday, Buckingham Palace said.

Persons: Catherine, Princess of Wales, King Charles, Prince William, Queen Camilla, Buckingham, Kate Organizations: CNN, Festival, Royal Albert Hall Locations: London, Southport, England

☆ Europe's banks brace for tougher competition under Trump 2.0
▼ + stars: | 2024-11-09 | by ( ) www.cnbc.com time to read: +2 min

JPMorgan , Goldman Sachs and Morgan Stanley shares all soared while the STOXX Europe 600 Banks index is down more than 1% for the week. "If U.S. banks get the expected policy support, they could ramp up loan volumes and optimize capital in ways that Europe's banks just can't match right now," Materazzi said. Since early 2010, European banking shares have fallen 10%, while U.S. lenders have more than tripled. The European Central Bank has estimated that euro zone banks' return on equity fluctuates around 5%, against 10% in the U.S., linking it to higher U.S. fee income and legacy non-performing loans with which European banks still grapple. A wave of deregulation should give European banks some leverage to lobby for easing the rules in Europe, which are already more onerous, one banking executive told Reuters.

Persons: Boris Roessler, Donald Trump, Goldman Sachs, Morgan Stanley, David Materazzi, Materazzi, Karin Keller, Sutter, Rachel Reeves, Trump Organizations: Getty, JPMorgan, Galileo, European Central Bank, Trump . Swiss, Reuters, The Locations: Frankfurt, U.S, Britain, Basel, Italy, USA, Europe, The U.S

☆ The best writing online about why Trump won, why Harris lost, and what it all means
▼ + stars: | 2024-11-08 | by ( Theron Mohamed | Erin Snodgrass | ) www.businessinsider.com time to read: +20 min

Commentators and academics have been weighing in on why Donald Trump won the US election. The images of him bleeding after a failed assassination attempt became the symbol of what supporters saw as a campaign of destinyHow Mr. Trump won is also the story of how Ms. Harris lost. Laurel Duggan, UnHerdWhy white women stuck with TrumpAdvertisementThe abortion issue had seemingly little impact on Republicans's performance with white women in this cycle. Nate Silver, founder of FiveThirtyEight and author of the Silver Bulletin newsletterSilver republished a lengthy blog post from late October with the new title "24 reasons that Trump won." Nate Silver offered up 24 reasons why Trump won.

Persons: Donald Trump, —, There's, Donald Trump's, They've, Kamala Harris, Frank Bruni, Let's, Harris, aren't, Hannibal Lecter, Trump, Allysia Finley, Taylor Swift, Taylor, Swift, they'd, I'd, Sarah Baxter, Mueller, Francis Fukuyama, Ankush Khardori, Politico Trump, Shane Goldmacher, Maggie Haberman, Jonathan Swan, MAGA, Biden's, John Burn, Alexandra Ulmer, Gram Slattery, Elon Musk, Jim VandeHei, Mike Allen, Axios, David Weigel, Annie Lowrey, Biden, Gerard Baker, Hitler, Laurel Duggan, UnHerd, Sen, Chuck Schumer, Todd Landman, Evan Vucci Steve Hanke, Ronald Reagan, Steve Hanke, Reagan, Steve Hanke Nate Cohn, Tina Fordham, Trump's, Nate Silver, FiveThirtyEight, AP Matthew Yglesias, Yglesias, overperform electorally, Dominic Sandbrook, Sandbrook, Hillary Clinton, Tom Williams, Eric Cortellessa, Musk, Eric Cortellessa's Organizations: Service, Democratic, The New York Times Democrats, Trump, Street, Democrats Get, demeaned, Democrats, Financial, Republican, Biden, The New York Times, Trump Won, Republican Party, Britain's, Reuters Trump, White, Republicans —, Trump Republicans, Semafor, The Atlantic Voters, The, Democrat, Republicans, University of Nottingham, AP, Johns Hopkins University, Silver Locations: Trump, Ukraine, White, London, Florida, South Dakota, Arizona, Pennsylvania, Philadelphia, Ohio, Illinois, Wisconsin, Washington, New York City, San Francisco, Israel, California

☆ Camilla makes it her mission to end domestic violence
▼ + stars: | 2024-11-08 | by ( Kathy Rose Obrien | Kathy Rose O'Brien | ) edition.cnn.com time to read: +4 min

A list of resources for domestic violence victims follows this article. CNN —Queen Camilla has teamed up with an all-female production crew in a powerful new documentary, airing next week, in which she vows to eradicate domestic abuse. The film’s campaigners highlight the role that coercive control plays in domestic abuse, with perpetrators not necessarily targeting the obviously vulnerable. For Camilla, she accepts that there has been progress but insists that there is still a lot of work to be done to eradicate domestic abuse. Getting help around the worldIf you or someone you know is being affected by domestic violence, a worldwide list of directories is provided by UN Women.

Persons: Camilla, Miss England, Queen Camilla, Rehema Muthamia, Emma Armstrong, Alice Liveing, Sharon Baker, Chris Jackson, Baker, –, ” Baker, ” Organizations: CNN’s Royal, CNN, Avon and Somerset Police, ITV1, UN Locations: Miss, England, Wales, Avon

☆ Pompeii: Ancient DNA rewrites the stories of people buried by volcanic eruption
▼ + stars: | 2024-11-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +12 min

CNN —Ancient DNA has revealed surprises about the identities of some people who perished in the ancient Roman town of Pompeii after a volcanic eruption, overturning misconceptions about their genetic relationships, ancestry and sex. Ash and volcanic rock called pumice then covered Pompeii and its residents, preserving scenes of the victims of the city’s destruction like an eerie time capsule. While the Greeks, Etruscans and Samnites attempted to conquer it, Pompeii became a Roman colony, the study authors noted. In 2015, the Archaeological Park of Pompeii began efforts to restore 86 of the 104 casts originally made by Fiorelli. Together, park scientists and the study authors are working on a larger project to better understand the genetic diversity present in Pompeii during the Roman Empire.

Persons: Giuseppe Fiorelli, ”, David Reich, restorers, David Caramelli, Massimo Osanna, Gabriel Zuchtriegel, Valeria Amoretti, ” Caramelli, Reich, Steven Tuck, Tuck, ” Tuck, Caitie Barrett, Barrett, Homer’s “, Bacchus, Alissa Mittnik, “, ” Barrett, Michael Anderson, Anderson, ” Anderson Organizations: CNN, Harvard Medical School, Harvard University, University of Florence, Villa, Miami University in, Cornell University, Max Planck Institute, Evolutionary Anthropology, Harvard, San Francisco State University Locations: Pompeii, Naples, what’s, Italy’s Campania, Roman, Italy, Miami University in Ohio, archaeogenetics, Britain, North Africa, Alexandria, Egypt, Bay

☆ Prince William said it's been the 'hardest year' of his life. It marks a shift for the royal family's image.
▼ + stars: | 2024-11-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

William's openness marks a shift from the royal family's traditional PR approach. AdvertisementPrince William this week opened up about his "brutal" year amid King Charles and Kate Middleton's respective cancer diagnoses. By all accounts, it has been another difficult year for the Royal Family. The royal family wasn't initially as forthcoming about the Princess of Wales' cancer diagnosis. Kate Middleton and Prince William attended King Charles' coronation day in May 2023.

Persons: Prince William, —, William, King Charles, Kate Middleton's, it's, Queen Elizabeth II's, Robert Hardman, Richard Fitzwilliams, It's, Fitzwilliams, Elizabeth II, Queen Elizabeth II, Charles , Prince Andrew, Princess Anne, Buckingham, Charles, Rishi Sunak, he'd, wasn't, Princess, Wales, Kate Middleton, Max Mumby, Kate, Elizabeth, Gyles Brandreth, Chris Jackson, William's, Jack Johnson, Jane Owen, Russell Myers, Lorraine, Myers, Owen Organizations: Service, Queen, British, relatability, Sunday Times, National Health Service, Getty Images, REUTERS, ITV, Business Locations: Cape Town, Windsor, Buckingham, king's Duchy, Lancaster, William's Duchy, Cornwall, Kensington

☆ Ukraine keeps finding Western parts in Russia's weapons, this time in the wreckage of its new heavy Hunter drone
▼ + stars: | 2024-11-08 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said it found Western-made parts in the wreckage of a new Russian drone. The reported find marks the latest discovery of Western parts inside Russian weapons. AdvertisementUkraine said on Friday that it found Western-made parts inside the wreckage of a new heavy Russian combat drone that crashed last month. Ukraine uploaded purported evidence of the Western-made parts to a government portal, where several other companies were listed. Ukrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5.

Persons: Hunter, —, Russia's, Nuzhnenko, HUR, Lockheed Martin, Russia's Okhotnik, it's Organizations: Service, Devices, Texas Instruments, AMD, Infineon Technologies, Business, Russian Defense Ministry Press Service, AP Infineon, Royal United Services Institute, Radio Free, Radio Liberty, Lockheed Locations: Ukraine, Russian, Europe, US, Germany, STMicroelectronics, Switzerland, Russia, Radio Free Europe, Ukrainian, Kostyantynivka, Ukraine's Donetsk

☆ U.S. allies, haunted by past Trump insults, race to delete posts and praise election victor
▼ + stars: | 2024-11-07 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +3 min

“A political pyromaniac who must be put before a criminal court,” Jean Asselborn, then-foreign minister for Luxembourg, said of Trump after the Jan. 6, 2021, Capitol riot. "Trump has ruined it all," Croatian President Zoran Milanović said, also in 2021. Following Trump’s election victory, at least two of these U.S. allies, the U.K. and Australia, have had to dial back some of their previous attacks. U.K. Foreign Secretary David Lammy in September. Charles Parton, who served as a British diplomat for almost four decades, said that “the Labour Party has got some grounds to make up” after a perception that Starmer's party had favored the Democrats.

Persons: Donald Trump's, Kevin Rudd, Trump, “, ” David Lammy, ” Jean Asselborn, Zoran Milanović, Rudd, ”, won’t, David Lammy, Neil Hall, government’s, Trump’s, Harris, Keir Starmer, Charles Parton, Parton, Nigel Farage Organizations: Capitol, Australian Government, Foreign, Bloomberg, Getty, ”, U.S, Relations, Labour Party, Trump, Federal, Commission, Labour, Democrats Locations: U.S, Luxembourg, Australia, United States, British

☆ Britain loves its 'special relationship' with the U.S. — but that doesn't mean Trump will love it back
▼ + stars: | 2024-11-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

London feels those long-standing bonds and geopolitical interests make its relationship with the U.S., well, special. Not so special anymoreDescribing the "special relationship" as one of convenience for the U.S., Pickering said the U.K. could still maneuver itself to be useful to an incoming Trump government. Whisper it, but the "special relationship" ceased to be special long ago, according to Holger Schmieding, chief economist at Berenberg. "That Trump and Starmer are apparently not fans of each other, to put it mildly, will not help in future U.S.-U.K. talks. Britain's Queen Elizabeth II greets U.S. President Donald Trump as he arrives for the Ceremonial Welcome at Buckingham Palace, in London, Britain June 3, 2019.

Persons: Donald Trump, Jeff J Mitchell, Keir Starmer, Trump, David Lammy, Starmer, Harris, Joe Biden, Kevin Lamarque, Badenoch, Lammy, Kallum Pickering, Peel Hunt, We're, we'll, Pickering, Holger Schmieding, Schmieding, Britain's Queen Elizabeth II, Victoria Jones Organizations: Getty, U.S, London, Britain's, Republican, Trump Tower, Trump, Atlantic, Labour Party, White, Reuters, Conservative Party, Republicans, Labour, European Union, China, Peel, CNBC, NATO Locations: London, New York, Washington, Europe, China, EU, U.S, America, Buckingham, Britain

☆ U.K.'s Queen Camilla suffering from chest infection, Buckingham Palace says
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

LONDON — Queen Camilla, wife of the Britain’s King Charles, has been forced to pull out of her planned engagements this week after suffering a chest infection, Buckingham Palace said on Tuesday. Camilla, 77, is resting at home while she recovers but no further details of her illness have been given, as is usual with royal medical issues. “Her Majesty The Queen is currently unwell with a chest infection, for which her doctors have advised a short period of rest,” a palace spokesperson said. “She apologises to all those who may be inconvenienced or disappointed as a result,” the palace spokesperson said. The king himself is still undergoing treatment for cancer which was diagnosed back in February, forcing him to cut back on some of his engagements although he recently travelled with Camilla to Australia and Samoa.

Persons: Camilla, King Charles, Buckingham, ”, “, Charles’s, Duchess, Gloucester Locations: Australia, Samoa

☆ UK's ultra-rich feel the pinch from Labour's tax-raising budget
▼ + stars: | 2024-11-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

New arrivals to the U.K. will receive 100% U.K. tax relief for their first four years, so long as they have been non-resident for the last 10 years. That's in addition to the £21.1 billion the independent Office for Budget Responsibility (OBR) forecast to be raised by earlier changes to the non-dom regime announced by the Conservatives in March. "Although the draft legislation has now been released, the Government still has time to create a new non-dom system that works for internationally-mobile individuals," Porter said in a statement. If they'd gone for the tiered (system), there would have been howls that you've given into the fat cats. "If they'd gone for the tiered (system), there would have been howls that you've given into the fat cats," he said.

Persons: Mike Kemp, Rachel Reeves, Reeves, Times Rich, David Lesperance, Lesperance, Steven Porter, Porter, they'd, Leslie Macleod Miller Organizations: Ford, Labour, Finance, —, Times, Associates, CNBC, Conservatives, Treasury, Government, Foreign Investors, Britain, Lesperance Locations: Kuwait, Burlington, Bond, London, United Kingdom, City, That's, Italy, Switzerland, Dubai

☆ How F1 can help engineer the world's net-zero future
▼ + stars: | 2024-11-04 | by ( Chris Hawes | ) www.cnbc.com time to read: +4 min

F1 produced 223,031 metric tons of carbon dioxide equivalent in 2022, with almost 75% coming from travel and shipping. Unlike soccer, which produces more than 30 million metric tons per year by some estimates, F1 has the engineering capabilities to provide solutions. As reported in April, these goals are difficult to square with F1's decision to increase the number of races in its calendar. The final pedal F1 can push is energy efficiency, and teams are already looking for ways to transfer learnings from the track to their infrastructure. "We want to take that approach ... and apply it to the building and infrastructure side of the campus as well."

Persons: Sustainability Kim Wilson, Pat Symonds, We've, Ellen Jones, we've, Sustainability Adam Sammons, Red Bull Organizations: Health Service, McLaren, Sustainability, CNBC, Formula One, EU, petro

☆ Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
▼ + stars: | 2024-11-04 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Physical Intelligence's new valuation is about six times that of its March seed round, which reportedly came in at $70 million with a $400 million valuation. Physical Intelligence hopes that model will be the first step toward its ultimate goal of developing artificial general intelligence. In case studies, Physical Intelligence details how its tech could allow a robot to do laundry, bus tables or assemble a box.

Persons: Sam Altman, Jeff Bezos, OpenAI, Microsoft's Bing Organizations: Economic, Amazon, Change, Physical Intelligence, CNBC, Investors, Lux Capital, Khosla Ventures, Sequoia Capital, Tesla, Google, Intelligence Locations: Davos, Switzerland, Glasgow, Scotland, Britain, San Francisco, ChatGPT

☆ Affirm expands buy now, pay later service to the UK, heating up local competition
▼ + stars: | 2024-11-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Buy now, pay later firm Affirm launched Monday its installment loans in the U.K., in the company's first expansion overseas. Founded in 2012, Affirm is an American fintech firm that offers flexible pay-over-time payment options. Affirm, which is authorised by the Financial Conduct Authority, said its U.K. offering will include interest-free and interest-bearing monthly payment options. Among the first merchants offering Affirm as a payment method in the U.K. are Alternative Airlines, the flight booking website, and payments processing firm Fexco. Max Levchin, CEO of Affirm, told CNBC that the company had been working on its launch in the U.K. for over a year.

Persons: Max Levchin, Levchin Organizations: PayPal Inc, Enercare Center, LONDON, Financial, Authority, Walmart, Airlines, CNBC, Affirm's Locations: Toronto, Canada, American

☆ Queen Conker: How a 34-year-old from Indianapolis became the first American world champion of a sport you’ve never heard of
▼ + stars: | 2024-11-03 | by ( Jamie Barton | ) edition.cnn.com time to read: +7 min

CNN —There aren’t many world champions who didn’t know their sport existed a year before winning the title. Originally from Indianapolis, Banschbach moved to Suffolk, England, for work and took up the game entirely by chance last year. “Last fall, [I was] seeing all the conkers on the sidewalks and kind of wondering what they were,” she remembered. “It’s kind of funny because I had won on two separate occasions, and kind of joked that I was the reigning conker queen. But I specifically remember the commentator would say something like ‘Oh, we’ve never had an American winner,’” said Banschbach.

Persons: didn’t, conkers, Banschbach, “ It’s, ”, “, “ Little, ‘, ” Banschbach’s, Sue West, George, William, we’ve, ’, ’ ”, David Hodson “, Mama didn’t, David Jakins, King Conker, Kelci, David, Kelci Banschbach, David Jakins ’, Jakins, I’ll Organizations: CNN, CNN Sport, “, tote Locations: Great Britain, Ireland, Indianapolis, Suffolk, England, Northamptonshire

☆ Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +4 min

Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.

Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States

☆ NYC Marathon: The Netherlands’ Abdi Nageeye wins thrilling men’s race
▼ + stars: | 2024-11-03 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —The Netherlands’ Abdi Nageeye won a thrilling men’s race at the New York City marathon on Sunday, while Kenya’s Sheila Chepkirui marked her debut with a victory in the women’s race. Similarly, there was a thrilling finish in the women’s race as Chepkirui accelerated just before the finish to drop her compatriot Hellen Obiri, the defending champion. Eduardo Munoz Alvarez/APIn the men’s wheelchair race, the USA’s Daniel Romanchuk took his first win at this marathon since 2019, ending Swiss star Marcel Hug’s domination of this event in recent years. Britain’s David Weir finished second, five seconds behind Romanchuk, while Japan’s Tomoki Suzuki finished another seven seconds back in third after a thrilling sprint finish. Meanwhile, Romanchuk’s compatriot Susannah Scaroni won the women’s wheelchair race by more than 10 minutes, marking the first time in the race’s history that Americans had won both wheelchair races.

Persons: Netherlands ’ Abdi Nageeye, Kenya’s Sheila Chepkirui, Nageeye, Evans Chebet, Tamarit Tola, Kenya’s Albert Korir, Hellen Obiri, Chepkirui, Obiri, Vivian Cheruiyot, Eduardo Munoz Alvarez, Daniel Romanchuk, Marcel Hug’s, Hug, Britain’s David Weir, Japan’s Tomoki Suzuki, Susannah Scaroni, ” Scaroni, “ Organizations: CNN, New York City, Runners, AP Locations: Netherlands, Kenya, New York City

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