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Britain's Prince Harry, Duke of Sussex looks on outside the Rolls Building of the High Court in London, Britain June 7, 2023. REUTERS/Toby Melville/File photo Acquire Licensing RightsLONDON, Nov 10 (Reuters) - Prince Harry, singer Elton John and five other high-profile British figures can have their lawsuit against the publisher of the Daily Mail newspaper alleging widespread unlawful behaviour heard at trial, the High Court in London ruled on Friday. Publisher Associated Newspapers (ANL) had sought at hearings in March to have the case thrown out, saying the claims that were brought in October 2022 were outside a six-year time limit for legal action. Harry, the younger son of King Charles, along with Elton John, and the other five claimants accuse ANL, which publishes the Daily Mail and the Mail on Sunday, of phone-hacking and other serious privacy breaches dating back 30 years. Reporting by Michael Holden and Sam Tobin; Editing by Kate Holton and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Britain's Prince Harry, Duke of Sussex, Toby Melville, Prince Harry, Elton John, Harry, King Charles, ANL, Matthew Nicklin, Nicklin, Hamlins, John, David, Liz Hurley, Sadie Frost, Doreen Lawrence, Simon Hughes, David Sherborne, Murdoch, NGN, Michael Holden, Sam Tobin, Kate Holton, Alex Richardson Organizations: Court, REUTERS, Daily Mail, Associated Newspapers, Mail, Sunday, Rupert Murdoch's News Group, Group, Mirror Group, Thomson Locations: London, Britain, British
At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +35 min
Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.
Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, , Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, , Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, , Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, , Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, , ” Holland, Thielen, Holland, Federal, After Texas
KANSAS CITY, Mo. (AP) — Kansas City will hire overdose investigators as part the Missouri city's effort to lower the number of fentanyl deaths. An ordinance passed Thursday by the city council allows the city health department to hire two investigators and requires overdoses to be reported within 24 hours, the Kansas City Star reported. A Kansas City police official told the newspaper that the agency has confiscated more than 61,000 grams (about 134 pounds) of fentanyl so far this year, and Kansas City Mayor Quinton Lucas said there was a suspected overdose every day but one in 2022 in Kansas City emergency rooms. “Overdose deaths are at an epidemic level in Kansas City and fentanyl is driving the epidemic,” Lucas said.
Persons: Quinton Lucas, ” Lucas, Lucas Organizations: KANSAS CITY, Kansas City Star, Kansas City Locations: KANSAS, Mo, Kansas, Missouri, Kansas City
The decline in cattle numbers, after years of drought fried pasture lands used for grazing, led to soaring U.S. beef prices. Higher prices incentivize companies to import cheaper beef and discourage U.S. beef purchases by buyers like China, Japan and Egypt. For Tyson, the loss of U.S. export business compounds margin pressure from higher cattle prices, Goldman Sachs analysts said. U.S. beef exports typically command higher margins than domestic shipments, they said. The USDA on Thursday raised its forecasts for beef imports in 2023 and 2024 in a monthly report.
Persons: Amira Karaoud, world's, Tyson, Cargill, Pete Bonds, Bonds, Goldman Sachs, Donnie King, Katelyn McCullock, McCullock, Derrell, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Tyson, U.S . Department of Agriculture, USDA, U.S ., U.S, Marketing, Center, Oklahoma State University, Thomson Locations: Corydon , Indiana, United States, China, Japan, Egypt, Texas, U.S, Tyson's, Florida, South Carolina, Australia, New Zealand, Paraguay, Paraguayan, Mexico
REUTERS/Hannah McKay/File Photo Acquire Licensing RightsLONDON, Nov 9 (Reuters) - Britain's Financial Services Compensation Scheme (FSCS) has forecast imposing a levy of 415 million pounds ($510 million) against UK financial firms to fund 2024/25 claims for redress from customers suffering poor advice and insurance provider failures. This indicative figure is higher than for 2023/24, primarily due to larger surpluses that were carried over from the 2022/23 financial year which reduced the 2023/24 levy to 270 million pounds, the FSCS said. The levy is likely to include cover on self-invested personal pension (SIPP) operator failure claims and pay-outs for insurance firm failures that occurred in previous financial years, it added. "FSCS directly contributes to trust and stability in our financial services system and makes a genuine difference to consumers' lives," Martyn Beauchamp, Interim Chief Executive of FSCS said in a statement. Most of our compensation continues to be paid out for poor financial advice and for legacy insurance provider failures - both of which include some of the most complex defaults and claims we handle," he added.
Persons: Hannah McKay, Martyn Beauchamp, FSCS, Sinead Cruise, Simon Jessop Organizations: REUTERS, Britain's, Interim, Thomson Locations: Bishopsgate, London, Britain
Flight deck crew prepare to remove straps from an F-35B aboard HMS Prince of Wales. A series of firstsRoyal Navy handlers direct an F-35B on the flight deck of HMS Prince of Wales. Those tests were also the first time an aircraft launched by HMS Prince of Wales has dropped bombs, albeit inert ones. A flight deck officer signals an F-35B to launch from HMS Prince of Wales. AdvertisementAdvertisement"The last four weeks at sea have been the busiest HMS Prince of Wales has ever seen," the ship's commanding officer, Capt.
Persons: , Wales, John Etherington, HMS, HMS Prince, Elizabeth , Prince of Wales, of Wales, Queen Elizabeth, Richard Hewitt, Prince, Dane Wiedmann HMS Prince, Elizabeth, Merlin, Gerald, Prince of, Mike Lippert, Constantine Atlamazoglou Organizations: US, Service, Royal Navy, HMS, Royal, British, US Marine Corps, US Marine, Naval, Pax River's, Force, Prince, Atlantic, US Navy, US Navy's Nimitz, Marine Corps, Fletcher School of Law, LinkedIn, Twitter Locations: Coast, Prince, HMS Prince, East Coast, Wales, British, Maryland, Prince of Wales
Women's FA Cup prize fund doubled for this season's competition
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Soccer Football - Women's FA Cup - Final - Chelsea v Manchester United - Wembley Stadium, London, Britain - May 14, 2022 Chelsea's Sam Kerr celebrates with the trophy after winning the Women's FA Cup Action Images via Reuters/Paul Childs Acquire Licensing RightsNov 9 (Reuters) - This season's Women's FA Cup prize fund has been doubled to six million pounds ($7.35 million), the Football Association (FA) announced on Thursday. The FA Cup winners will now receive 430,000 pounds, whereas last season's winners Chelsea received 100,000 pounds. "Doubling the prize money showcases the FA's clear commitment to the future of the Women's FA Cup and will help us maintain its stature as the most prestigious domestic women's cup competition in the world," Sue Campbell, the FA's director of women's football said. Last season's prize fund increased from 400,000 pounds to three million pounds. The men's FA Cup winners currently receive two million pounds.
Persons: Sam Kerr, Paul Childs, Sue Campbell, Campbell, Trevor Stynes, Toby Davis Organizations: Soccer, Chelsea, Manchester United, Wembley, FA, Football Association, Thomson Locations: London, Britain
Uranium and shares in companies that mine it have enjoyed a scorching rally on soaring demand. Nuclear energy is back in fashion as more reactors are planned amid a shift away from fossil fuels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A blistering bull run is underway in the market for uranium, the radioactive element used to produce nuclear energy. The widening demand-supply gap will continue to drive uranium prices higher, according to John Ciampaglia, CEO of Sprott Asset Management, which specializes in precious metals and real assets.
Persons: , John Ciampaglia, Ciampaglia, Rohan Reddy Organizations: Service, Uranium Miners, Crux, Sprott Asset Management, CNBC, Global Locations: China, India, Russia, Japan
CNN —An Australian cattle farmer has managed to survive a crocodile attack after biting the huge predator on the eyelid. Colin Deveraux told national broadcaster ABC that he was working along the Finniss River in the Northern Territory when he stopped to check a billabong, an Australian term for a pond left when a river recedes. “I took two steps and the dirty bastard (the crocodile) latched onto my right foot,” Deveraux told ABC. Deveraux recounted how he kicked the crocodile and then fell over with his head near the crocodile’s head before trying to bite it. Deveraux told ABC that the incident has made him rethink his behavior, and he now believes he shouldn’t have gone out that far into the billabong.
Persons: Colin Deveraux, , ” Deveraux, , Deveraux, Doctors, shouldn’t Organizations: CNN, ABC, billabong, Royal Darwin Hospital, Australia Locations: Northern Territory, Australia
It also expects total revenue to increase by a mid single-digit percentage, compared with low-to-mid single-digit growth previously. For the third consecutive quarter, strong sales of AstraZeneca's blockbuster cancer treatments and healthy demand for its drugs in emerging markets offset the loss of sales of its COVID-19 vaccine and therapy. The results add to a string of strong quarters for Britain's biggest company by market capitalisation - worth 159 billion pounds ($195 billion) - bolstered by a strong pipeline of drugs. It said that in the first nine months of 2023, nine medicines delivered more than $1 billion in revenue. Excluding sales of its COVID-19 products, third-quarter sales rose 12% to $2.96 billion in emerging markets on a constant currency basis.
Persons: Phil Noble, China's, Maggie Fick, Eva Mathews, Nivedita Bhattacharjee, Mark Potter Organizations: AstraZeneca, REUTERS, Britain's, Thomson Locations: Macclesfield, England, China, London, Swedish, Bengaluru
British homebuilder Taylor Wimpey flags market uncertainty
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
A builder working for Taylor Wimpey builds a roof on an estate in Aylesbury, Britain, February 7, 2017. REUTERS/Eddie Keogh/File Photo Acquire Licensing RightsNov 9 (Reuters) - UK homebuilder Taylor Wimpey (TW.L) on Thursday flagged "significant market uncertainty" as high mortgage rates dent demand, but forecast annual operating profit at the top end of its previous outlook range. Taylor Wimpey's trading update echoed sector peer Persimmon's (PSN.L), which on Tuesday marginally lifted its annual home-build targets while pointing to "highly uncertain" market conditions in 2024. Taylor Wimpey said year-to-date cancellation rate improved to 18%, compared with 24% during the four weeks to July 30, while its total order book excluding joint ventures as at Nov. 5stood at about 1.9 billion pounds ($2.33 billion), down 27% from a year earlier. ($1 = 0.8143 pounds)Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
Persons: Taylor Wimpey, Eddie Keogh, Taylor Wimpey's, Aby Jose Koilparambil, Rashmi Organizations: REUTERS, Bank of, FTSE, Thomson Locations: Aylesbury, Britain, Bank of England, Bengaluru
UK focuses on child safety at the start of new online regime
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +2 min
Facebook's new rebrand logo Meta is seen on smartphone in front of displayed logo of Facebook, Messenger, Instagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. Ofcom, which gained new powers when the Online Safety Act came into law last month, said children were a key priority. It said its role would be to force firms, such as Facebook and Instagram owner Meta (META.O), to tackle the causes of online harm by making their services safer. Chief Executive Melanie Dawes said Ofcom was wasting no time in setting out how it expected tech firms to protect people from illegal harm online. "Children have told us about the dangers they face, and we're determined to create a safer life online for young people in particular," she said.
Persons: Dado Ruvic, Melanie Dawes, we're, Paul Sandle, Mark Potter Organizations: Facebook, REUTERS, Ofcom, Meta, Thomson
Charles' Youth Charity Prince's Trust Becomes King's Trust
  + stars: | 2023-11-09 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +1 min
LONDON (Reuters) - The youth charity started by Britain's King Charles when he was still a prince - the Prince's Trust - will now become the King's Trust, Buckingham Palace said on Friday. Charles, who became king last year after the death of his mother Queen Elizabeth, set up the charity in 1976 to tackle high youth unemployment and so far it has supported over a million young people. The charity helps young people aged 11 to 30 get into jobs, education and training. Two other charities started by Charles will also change their names to reflect his accession to the throne. The Prince of Wales's Charitable Fund will become the King Charles III Charitable Fund, while the Prince's Foundation will become the King's Foundation, the palace said.
Persons: Britain's King Charles, Charles, Queen Elizabeth, Idris Elba, King Charles III, Sachin Ravikumar, Sarah Young Organizations: Prince's, Wales's, King Charles III Charitable, King's Foundation Locations: Buckingham
There were oysters, salmon with Hollandaise sauce, beef, squab, duck, roast chicken, green peas, parsnip purée and Victoria pudding. The feast described is not a Thanksgiving meal, but a snapshot of what first-class passengers on the Titanic ate for dinner on April 11, 1912, when the ship left Queenstown, Ireland, for New York. A menu from that night, with an embossed red White Star Line flag at the top and signs of water damage, will go up for auction on Saturday at Henry Aldridge & Son Ltd in southwest England. It is expected to sell for up to 70,000 pounds, or about $86,000. The auction will include hundreds of other maritime items, including a White Star Line tartan blanket that was recovered from a Titanic lifeboat and a pocket watch owned by a second-class passenger, a Russian immigrant, who did not survive the sinking.
Persons: purée, Henry Aldridge, Andrew Aldridge Organizations: Star, Henry Aldridge & Son, White Locations: Victoria, Queenstown, Ireland, New York, England, Russian
TEGUCIGALPA, Nov 8 (Reuters) - Honduran police discovered nearly half a metric ton of the synthetic drug fentanyl hidden in a shipping container, officials said on Wednesday, in the first such seizure of the opioid in the Central American country. Honduras has for years been a transit point for cocaine trafficked from South American nations including Colombia and Bolivia en route to the United States, but its role in the fentanyl trade is poorly understood. Fentanyl is a powerful synthetic opioid that is estimated to be 50 times stronger than heroin and 100 times stronger than morphine, according to the U.S. Centers for Disease Control (CDC) and Prevention. The United States has an opioid epidemic where the CDC recorded 75% of nearly 107,000 drug overdose deaths in 2021 involved an opioid. Reporting by Gustavo Palencia; Writing by David Alire Garcia; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Persons: Gustavo Sanchez, Sanchez, Juan Orlando Hernandez, Gustavo Palencia, David Alire Garcia, Grant McCool Organizations: Central American, . Security, Cortes, Twitter, Police, U.S . Centers for Disease Control, United, Thomson Locations: TEGUCIGALPA, Honduran, Britain, San Pedro Sula, Honduras, Atlantic, Central America, Colombia, Bolivia, United States
By Gustavo PalenciaTEGUCIGALPA (Reuters) - Honduran police discovered nearly half a metric ton of the synthetic drug fentanyl hidden in a shipping container, officials said on Wednesday, in the first such seizure of the opioid in the Central American country. Police are investigating whether Honduras was the ship's final destination, or if it was only meant to be a stop on its way elsewhere, according to officials. Honduras has for years been a transit point for cocaine trafficked from South American nations including Colombia and Bolivia en route to the United States, but its role in the fentanyl trade is poorly understood. Fentanyl is a powerful synthetic opioid that is estimated to be 50 times stronger than heroin and 100 times stronger than morphine, according to the U.S. Centers for Disease Control (CDC) and Prevention. The United States has an opioid epidemic where the CDC recorded 75% of nearly 107,000 drug overdose deaths in 2021 involved an opioid.
Persons: Gustavo Palencia, Gustavo Sanchez, Sanchez, Juan Orlando Hernandez, David Alire Garcia, Grant McCool Organizations: Gustavo Palencia TEGUCIGALPA, Central American, . Security, Cortes, Twitter, Police, U.S . Centers for Disease Control, United Locations: Honduran, Britain, San Pedro Sula, Honduras, Atlantic, Central America, Colombia, Bolivia, United States
George Frey | ReutersThe Food and Drug Administration on Wednesday approved Eli Lilly 's blockbuster drug tirzepatide for weight loss, paving the way for even wider use of the treatment in the U.S. The FDA said the approval was based on two of Eli Lilly's late-stage trials on tirzepatide, which evaluated its effects on weight loss after 72 weeks. Higher doses of the drug were associated with even more weight loss, with a 15-milligram dose leading to 22.5% weight loss on average. The bigger issue is that many insurance companies are dropping weight loss drugs from their plans. Preliminary data is already available: A recent late-stage trial found that Novo Nordisk's weight loss drug Wegovy reduced the risk of cardiovascular events such as heart attack and stroke by 20%.
Persons: George Frey, Eli Lilly, John Sharretts, Eli Lilly's, Wegovy, Lilly, Mike Mason, Eli Lilly Diabetes Organizations: Novo Nordisk, Pharmacy, Reuters, Food, Drug Administration, U.S, FDA's Center, Drug, FDA, Obesity Locations: Provo , Utah, U.S, United States
“Pesticide exposure during pregnancy may lead to an increased risk of birth defects, low birth weight, and fetal death,” the American Academy of Pediatrics stated. “Exposure in childhood has been linked to attention and learning problems, as well as cancer.”Yet pesticide exposure is widespread, even for chemicals that were banned years ago by federal agencies. In the 2023 Shopper’s Guide to Pesticides in Produce — a list of nonorganic produce with the most pesticides — researchers found 210 different pesticides on the 12 foods. In addition, consumers can ask food companies to “release the actual test results of pesticide concentrations in their products,” said EWG’s Temkin. “Food companies have not been publishing such data, instead relying on generalities,” she said via email.
Persons: , Cailin Dendas, , disheartening, Jane Houlihan, Houlihan, Kale, collard, ” Alexis Temkin, toxicologist, ” Dendas, Jim Watson, Dendas, Sow, General Mills, Archer Daniels, Lamb, Nestlé, Dane Lisser, Shelby Stoolman, EWG’s, Temkin, ” Temkin, “ Steer Organizations: CNN, “ Pesticides, Healthy, , , American Academy of Pediatrics, Environmental, US Environmental Protection Agency, Environmental Protection Agency, US Centers for Disease Control, Getty, Archer Daniels Midland Co, PepsiCo Inc, Conagra Brands Inc, Campbell Soup Company, Lamb Weston Holdings Inc, G Foods Inc, Cargill, Danone S.A, Del Monte Pacific Ltd, General, Inc, Kraft Heinz Company, Mars Incorporated, Mondelēz, Post Holdings Inc, ADM, US Food and Drug Administration Locations: United States, AFP
Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The 335-year old insurance market apologised in 2020 for its role in the 18th and 19th century slave trade. The Lloyd's market is made up of nearly 50,000 people, and Lloyd's wants one in three new hires to come from ethnic minorities. Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century. The research also showed that Joseph Marryat, Lloyd's of London chairman from 1811 to 1824, had enslaved people, White added.
Persons: Hannah McKay, Lloyd's, We've, Bruce Carnegie, Brown, Alexandre White, Joseph Marryat, White, Garba, Carolyn Cohn, Sinead Cruise, Jan Harvey, Elaine Hardcastle Organizations: REUTERS, London, Black, Johns Hopkins University, Mellon Foundation, Reuters, Central Fund, African Development Bank, Inter, American Development Bank, UN, Equity, of, United Nations, European Union, U.S, Thomson Locations: London, City, Britain, Liverpool, Lloyd’s
The 2025 Ram 1500 Ramcharger is a new electric truck... kind of. The 2025 Ram 1500 Ramcharger. StellantisRam's answer to those anxieties is the 2025 Ram 1500 Ramcharger, an electric truck with a range-extending gasoline generator. The 2025 Ram 1500 Ramcharger. The 2025 Ram 1500 Ramcharger.
Persons: Ramcharger, , Rivian, Tesla, Stellantis, Ram Organizations: Service, Tesla, Toyota RAV4 Prime, Chevrolet, Ford, General Motors
Iran-backed militias have packed even larger loads of explosives — more than 80 pounds — onto drones launched at American bases, U.S. officials said. “The president has no higher priority than the safety of U.S. personnel, and he directed today’s action to make clear that the United States will defend itself, its personnel, and its interests.”“The United States is fully prepared to take further necessary measures to protect our people and our facilities,” he added. The United States has 2,500 troops in Iraq and 900 in Syria, mostly to help local forces fight remnants of the Islamic State. The Biden administration also uses a “deconfliction” line with Russia to try to manage escalation in Iraq and Syria, two officials said. Russia has troops in Syria, and American officials say they expect that telling Russia before a strike in Syria is the same as telling Iran, as Russian officials often inform Tehran of what is coming.
Persons: ratcheting, Biden, Lloyd J, Austin III, , Antony J, Blinken, Ayatollah Ali Khamenei, Mr, Khamenei, ” Christine S Organizations: Islamic Revolutionary Guards Corps, American, Air Force, Pentagon, U.S, Quds Force, , Palestinian, Biden, Sunday, United, Military, Pentagon’s Central Command, National Counterterrorism Center Locations: United States, Syria, Iraq, U.S, Iran, I.R.G.C, Yemen, Israel, Islamic State, Russia, Tehran, Lebanon, Persian, Gaza, Tehran , U.S
A new version of the popular diabetes treatment Mounjaro can be sold as a weight-loss drug, U.S. regulators announced Wednesday. The U.S. Food and Drug Administration approved Eli Lilly's drug, named Zepbound. Zepbound is the latest diabetes drug approved for chronic weight management, joining Novo Nordisk's Wegovy, a high-dose version of its diabetes treatment Ozempic. Those with diabetes, who have a harder time losing weight, cut about 12%, or nearly 27 pounds (12 kilograms), the FDA said. Approved for weight loss in 2021, Wegovy helped people lose about 15% of their weight or 34 pounds (15 kilograms), according to study results.
Persons: Eli Lilly's, dieters, Zepbound, Wegovy, Fatima Cody Stanford, tirzepatide, pare, , Katherine Saunders, Eli Lilly, Mounjaro, Kelly Burns, Burns Organizations: U.S . Food, Drug Administration, Novo Nordisk's Wegovy, FDA, Massachusetts General Hospital, New York's Weill Cornell Medicine, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Zepbound, Wegovy, Massachusetts, Boston, St . Petersburg , Florida
Jeans are seen for sale at Marks and Spencer, Hempstead Valley branch at the soon to be opened clothes branch of the store in Gillingham, Britain, June 1, 2020. But it cautioned the economic outlook remained uncertain and flagged the impact on the consumer from the highest interest rates in 20 years, deflation, geopolitical events, and erratic weather. "Therefore, against more challenging comparatives, we expect profit before tax and adjusting items to be weighted towards the first half, as we remain laser-focused on our long-term ambition to reshape M&S for future growth," it said. M&S reported profit before tax and adjusting items of 360.2 million pounds ($442 million) for the six months to Sept. 30, versus analysts' average forecast of 276 million pounds and 205.5 million pounds made in the same period last year. ($1 = 0.8149 pounds)Reporting by James Davey; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.
Persons: Jeans, Dylan Martinez, Spencer, MKS.L, James Davey, Kate Holton Organizations: REUTERS, Marks, Thomson Locations: Marks, Spencer, Hempstead Valley, Gillingham, Britain
M&S shares soar as first-half profit smashes forecasts
  + stars: | 2023-11-08 | by ( James Davey | ) www.reuters.com   time to read: +3 min
SummaryCompanies First-half profit up 75%Cautions second half won't be as strongDividend restoredShares up 10%LONDON, Nov 8 (Reuters) - Marks & Spencer (M&S) expects full-year profit to leap more than 30% after an overhaul of its food, fashion and supply chain helped the British retailer smash first-half forecasts, sending its shares soaring on Wednesday. First-half profit jumped 75%, the dividend was reinstated as promised, and the company said shoppers were already snapping up its Christmas ranges. It now expects analysts' consensus forecast for annual profit to rise to 640 million pounds ($785 million) from 575 million pounds currently, versus 482 million pounds in 2022/23. M&S reported profit of 360.2 million pounds for the six months to Sept. 30, versus analysts' average forecast of 276 million. As flagged in May, M&S restored its dividend with a 1 pence interim payout, its first since 2019/20.
Persons: Spencer, Ian Lance, Stuart Machin, Dylan Martinez, Peel Hunt, James Davey, Kate Holton, Mark Potter Organizations: S's, Reuters, REUTERS, Revenue, Peel, Thomson Locations: British, Redwheel, Marks, Spencer, Hempstead Valley, Gillingham, Britain
First discovered in 1911, superconductors can seem almost magical — they conduct electricity without resistance. Most require ultracold temperatures, and recent advances toward superconductors that function at higher temperatures require crushing pressures. A superconductor that works at everyday temperatures and pressures could find use in M.R.I. Superconductors unexpectedly became a viral topic on social networks over the summer when a different group of scientists, in South Korea, also claimed to have discovered a room-temperature superconductor, named LK-99. Even though it was published in a high-profile journal, Dr. Dias’s claim of a room-temperature superconductor did not set off euphoria like LK-99 did because many scientists in the field already regarded his work with doubt.
Persons: Dias’s, . Dias, Dias Locations: South Korea
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