DIRS.INFO The most relevant business & tech news

☆ The procession path for King Charle’s coronation and the crowns and jewels he is wearing
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +7 min

The coronation ceremony followed a procession from Buckingham Palace. Coronation chair The coronation service is a solemn, religious occasion full of symbolism. The chair was cleaned ahead of this year’s ceremony for King Charles. The bejewelled Sword of Offering, made for the coronation of George IV in 1821, was one of the objects used during the coronation ceremony. They date back to 1661 and have been used at every coronation from King Charles II’s until King George VI’s in 1937, with new armills specially prepared for Queen Elizabeth in 1953.

☆ The top commentators in markets say the bank crisis isn't anywhere close to over.
▼ + stars: | 2023-05-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Today we're looking at what some of Wall Street's top investors and commentators say has to happen to curb the banking tumult. The shuttered bank had disclosed in its first-quarter earnings report that customers pulled over $100 billion of deposits in three-months. But even if the regulator did insure more money, former FDIC chair Jelena McWilliams said Thursday a move like that would only cost banks' customers more. A stock market portfolio created by ChatGPT is outperforming the top UK investment funds. Stock market investors should keep an eye out for five key indicators with volatility set to ramp up through the end of the year.

☆ Factbox: The crowns, jewels, swords and spoon used at King Charles' coronation
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +5 min

LONDON, May 5 (Reuters) - The ceremony for King Charles' coronation at Westminster Abbey in London on Saturday will involve historic regalia ranging from sceptres and maces to a ring and a spoon. It replaced an original crown believed to date back to the 11th century Anglo-Saxon king of England, Edward the Confessor. SOVEREIGN'S SCEPTRE WITH DOVEThis is the second sceptre used in the ceremony, representing the sovereign's spiritual role. It was used to anoint King James 1 in 1603 and has featured at every coronation since. They date back to 1661 and have been used at every coronation from King Charles II’s until King George VI’s in 1937, with new armills specially prepared for Queen Elizabeth in 1953.

☆ Contrarian investor Mike Dever shared with us 2 vital lessons he learned from his highly profitable association with legendary trader Paul Tudor Jones
▼ + stars: | 2023-05-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Starting in the 1980s, he crossed paths with leading investors, including Paul Tudor Jones. Dever says Jones delivered huge returns for Dever's clients, and explains what he learned from Jones. He also invested for several years in the 1980s with Paul Tudor Jones, now a billionaire hedge fund manager. While Dever remembers being very impressed by the returns Jones delivered, he also recalls what he learned from the approach that went into them. Shortly after Dever invested with Jones, Jones had a bad run in the bond market.

☆ The procession path for King Charle’s coronation and the crowns and jewels he will wear
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +7 min

The coronation ceremony will begin at 1000 GMT following a procession from Buckingham Palace. Coronation chair The coronation service is a solemn, religious occasion full of symbolism. The chair is being cleaned ahead of this year’s ceremony for King Charles. The bejewelled Sword of Offering, made for the coronation of George IV in 1821, is one of the objects used during the coronation ceremony. They date back to 1661 and have been used at every coronation from King Charles II’s until King George VI’s in 1937, with new armills specially prepared for Queen Elizabeth in 1953.

☆ Chris Wheeldon’s ‘Dangerous and Exciting’ Adventure at City Ballet
▼ + stars: | 2023-05-03 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

“There is an ambiguity about non-narrative work that feels both dangerous and exciting,” he said, “especially working the way I do — going into a room with the music and allowing whatever lies beneath to emerge. Nonetheless, Wheeldon said, he had been ambivalent about using the music. “I’ve been a bit frightened of it,” he said. “In parts it’s torturously beautiful and intensely romantic, with an underlying uneasiness to the romance. Even though it has five movements, there is no definition between them, so it feels like a long poem, and structurally that’s hard.”

☆ King Charles' coronation is a great fit for London's Savile Row tailors
▼ + stars: | 2023-05-02 | by ( Kate Holton | ) www.reuters.com time to read: +4 min

[1/5] Handmade suits are seen at Anderson & Sheppard tailor on Savile Row, ahead of the Coronation of King Charles and Queen Camilla, in London, Britain, April 27, 2023. REUTERS/Dylan MartinezLONDON, May 2 (Reuters) - On Savile Row, the London street long celebrated for turning out sharp suits, tailors have been racing to prepare the red and gold uniforms that will feature in Britain's first coronation for 70 years, adorned with the new insignia of King Charles. Savile Row tailors have dressed kings, queens and their offspring for more than 150 years, and their craft gets a particular boost from long-time customer Charles - a lover of the countryside who also champions the farmers, weavers and mills producing much of the fabric. 'SLOWEST FASHION'Henry Poole, credited with creating the dinner jacket, or tuxedo, has held a British royal warrant since the 1860s when it supplied Queen Victoria. "The sustainability side of that is a major part of what Savile Row has always had," he said.

[1/2] The logo of Baker Hughes (BKR) is seen in this image provided July 21, 2020. Baker Hughes/Handout via REUTERSApril 19 (Reuters) - Oilfield firm Baker Hughes Co (BKR.O) beat first-quarter profit estimates on Wednesday, as stronger oil prices supported demand for its equipment and services. Shares of Baker Hughes were up 1.4% in pre-market trading at $29.90 each. Revenue from Baker's Oilfield Services & Equipment business rose 19% year-over-year, while sales in its Industrial & Energy Technology business grew by 18%. Baker Hughes kicks off first-quarter earnings for the oilfield services industry.

☆ Factbox: From holy oil to sceptres and a spoon: King Charles' coronation ceremony
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +5 min

LONDON, April 9 (Reuters) - The ceremony for King Charles's coronation at Westminster Abbey in London on May 6 will involve historic regalia ranging from sceptres and maces to a ring and a spoon. It replaced an original crown believed to date back to the 11th century Anglo-Saxon king of England, Edward the Confessor. SOVEREIGN'S SCEPTRE WITH DOVEThis is the second sceptre used in the ceremony, representing the sovereign's spiritual role. The bejewelled Sword of Offering, made for the coronation of George IV in 1821, is one of the objects used during the coronation ceremony. They date back to 1661 and have been used at every coronation from King Charles II’s until King George VI’s in 1937, with new armills specially prepared for Queen Elizabeth in 1953.

☆ Analysis: Grievances mount in Europe with future wealth in doubt
▼ + stars: | 2023-04-04 | by ( Mark John | ) www.reuters.com time to read: +5 min

That year-old conflict, the COVID-19 pandemic and an inflation-fuelled cost of living crisis have now brought things to a head. While many low-income U.S. workers discovered that post-lockdown labour shortages gave them leverage to negotiate solid wage increases, European workers initially prioritised job security over higher pay. Meanwhile the bump in corporate profits and shareholder gains started to aggravate a sense of inequality. The other option - allowing debt to rise further - looks tricky: European Union limits on deficits that were suspended after the pandemic will re-apply from 2024. The Macron and Scholz governments are seeking ways to allay the grievances, with Macron in particular suffering damage to his already weak personal popularity.

☆ ‘Succession’ Star J. Smith-Cameron Discovered Acting After a High-School Dare
▼ + stars: | 2023-03-29 | by ( Marc Myers | ) www.wsj.com time to read: 1 min

J. Smith-Cameron, 65, is an actress who recently appeared in TV’s “Fleishman Is in Trouble” and in the movie “Vengeance.” She currently stars as Gerri Kellman in HBO’s “Succession.” She spoke with Marc Myers. My grandfather, Richard Sharp Smith, was a prominent architect, but I didn’t know him. He died in 1924, when my father was still a child. He was a big presence in Asheville, in western North Carolina, where he designed many private homes in a blend of Craftsman, Shingle and Tudor Revival styles.

☆ Fox News producer alleges Tucker Carlson's team plastered photos around the office of Nancy Pelosi in a bathing suit 'revealing her cleavage'
▼ + stars: | 2023-03-21 | by ( Grace Eliza Goodwin | Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

A Fox News producer alleges Tucker Carlson's team posted photos of Nancy Pelosi in a bathing suit around the office. The lawsuit alleges the photos revealed Pelosi's cleavage, with the "joke" being that she looked bad. Apparently, the 'joke' was that Speaker Pelosi looked terrible in a bathing suit," the lawsuit alleges. A producer for a different Fox News show, the lawsuit alleges, called Bartiromo "not as credible as male anchors" at the network. The spokesperson did not comment on the allegations regarding sexism in the workplace or the alleged images of Nancy Pelosi.

☆ Two GOP election deniers who were soundly defeated in the 2022 midterms are the top candidates to lead Michigan's Republican Party
▼ + stars: | 2023-02-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Two 2020 election deniers are the top candidates to lead the Michigan GOP headed into 2024. The state party on Saturday will decide on a leader to replace outgoing chair Ron Weiser. But the outlet also reported that the state GOP had over $2.3 million in outstanding debts in its main state campaign account. Former President Trump is backing Matthew DePerno to lead the Michigan Republican Party. "We must start by supporting Matt DePerno for chairman of the Michigan Republican Party.

☆ Want to beat the market? Go invest in a secondhand Rolex.
▼ + stars: | 2023-02-17 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Secondhand watch prices fell 8%, compared with the S&P 500's 19% drop and bitcoin's 65% crash. Rolex, Patek Philippe and Audemars Piguet are seen by watch lovers as the "Big Three" luxury makers, with a 70% market share. But prices for preowned timepieces fell slightly for all those brands in the last quarter of 2022, Morgan Stanley said. Secondhand Rolex prices slipped 5% over that three-month period, led by losses from the popular Daytona, GMT Master II, and Submariner models. "As these three brands account for around 70% of the secondary watch market, their price decline continued to weigh on the overall market."

☆ What is happening in Moldova, Ukraine's tiny European neighbor with a pro-Russian movement?
▼ + stars: | 2023-02-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

President Maia Sandu on Monday accused Russia of plotting a coup to overthrow her pro-European Union government using "foreign saboteurs." Until now, Ukraine's defense forces and Western allies have estimated that Russia's renewed offensive would be concentrated in the east of the country. "President Sandu has been warning about these risks for months now," said Orr. Moldova, a landlocked European country on Ukraine's western border, has been battling political and economic instability following Russia's invasion of its neighbor. The attack came days before Moldova temporarily closed its airspace on Tuesday over what authorities say was a suspected Russian drone.

After a dearth of plant approvals last decade, developers have secured dozens of long-term contracts to finance new multibillion-dollar LNG plants. The United States was long an importer of LNG, but natural gas discoveries and production from the shale revolution flipped the country into an LNG exporter in 2016. U.S. LNG exports hit 10.6 billion cubic feet per day (bcfd) in 2022, making the country the second biggest LNG exporter behind Australia. But their production volumes will allow the United States to remain ahead of output from Australia and Qatar. The seven U.S. export plants already in service, including Freeport LNG, can turn about 13.8 billion cubic feet of gas into LNG each day.

☆ PBF Energy posts bumper quarterly profit, partners with Eni on biorefinery
▼ + stars: | 2023-02-16 | by ( Arunima Kumar | ) www.reuters.com time to read: +2 min

Feb 16 (Reuters) - PBF Energy Inc (PBF.N) posted a higher fourth-quarter profit on Thursday and said it sealed a joint venture with a unit of Italian energy group Eni (ENI.MI) for a renewable diesel project in the United States. The joint venture, St. Bernard Renewables LLC (SBR), will own the renewable diesel project currently under construction and co-located with PBF's Chalmette refinery in Louisiana. PBF's gross refining margin, excluding special items, rose to $1.71 billion in the reported quarter, from $998.7 million a year ago. The company expects full-year 2023 throughput between 935,000 barrels per day (bpd) and 995,000 bpd, and in the current quarter between 845,000 bpd and 905,000 bpd. However, on an adjusted basis, it posted a profit $4.41 per share, missing average analysts' estimate of $4.98 per share, according to Refinitiv data.

☆ Devon Energy shares drop 12% on disappointing earnings
▼ + stars: | 2023-02-15 | by ( Liz Hampton | ) www.reuters.com time to read: +1 min

Companies Devon Energy Corp FollowDENVER, Feb 15 (Reuters) - Shares of U.S. shale oil producer Devon Energy (DVN.N) fell more than 12% at midday Wednesday after the company reported fourth quarter earnings that missed analysts' forecast on higher-than-expected expenses and lower production. The fire-hit gas compression facility will resume operations at the end of the first quarter, executives said during an earnings call on Wednesday. Wall Street analysts had a negative view of the results, pointing to higher capital spending, lower production and a profit miss. "Disappointing print on Q4," wrote analysts for Tudor, Pickering, Holt & Co, pointing to capital expenditures, which at $3.7 billion is 5% above expectations, as well as lower earnings and free cash flow. The company posted adjusted earnings of $1.66 per share for the fourth-quarter versus analysts' expectations of $1.75 a share, according to Refinitiv data.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Amazon, SoFi, Target, Goldman Sachs & more
▼ + stars: | 2023-02-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Evercore ISI downgrades Marriott to in line from outperform Evercore downgraded the hotel giant mainly on valuation. UBS reiterates Apple as buy UBS said that a foldable iPhone remains possible for Apple after the tech giant filed a recent patent. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said it's standing by its bullish thesis on shares of the e-commerce giant. Wells Fargo reiterates Goldman Sachs as overweight Wells said it's standing by its overweight rating on the stock but that it's cautious heading into the company's investor day later this month. " Evercore ISI reiterates Salesforce as outperform Evercore raised its price target on the stock to $200 per share from $175 and said it's sticking with its outperform rating.

☆ Here's the 12-page pitch deck a fintech aiming to be an alternative to BNPL used to raise money from Fanatics CEO Michael Rubin and rapper Lil Baby, among others
▼ + stars: | 2023-02-09 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Kasheesh is a fintech that allows consumers to split online payments across multiple cards. Kasheesh allows users to split online payments across several debit and credit cards. Fanatics CEO Michael Rubin, rapper Lil Baby, actor Damson Idris, and entrepreneur John Terzian most recently joined the cap table in this round. On Kasheesh's web-based browser plug in, users can split any online payment across up to five debit and credit cards. Read the 12-page pitch deck Kasheesh used to raise a $3 million seed extension round.

Still, its shares fell more than 5% to $111.79 on weaker oil prices on the day and a fourth-quarter profit miss. It also anticipates it will invest about $2 billion in Sempra's Port Arthur LNG facility, of which ConocoPhillips has a 30% stake. "ConocoPhillips finished 2022 on a solid note with production volumes exceeding consensus forecasts by 1.5%," said Third Bridge analyst Peter McNally. First quarter production is expected between 1.72 million and 1.76 million boepd, with full-year output of between 1.76 million to 1.8 million boepd, representing growth of 1% to 4%. On an adjusted basis, the company posted quarterly profit of $2.71 per share, missing expectations of $2.81, according to Refinitiv data.

☆ A heart-shaped pendant linked to Henry VIII was dug up on an English farm, pointing to a more romantic side to the Tudor king
▼ + stars: | 2023-02-01 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

An amateur metal detectorist found a gold necklace linked to Henry VIII and his first wife. The locket is engraved with "H" and "K", the initials of the Tudor king and Katherine of Aragon. The heart-shaped locket is engraved with "H" and "K", the initials of the Tudor king and his first wife Katherine of Aragon. It is not known if the pendant belonged to Henry VIII, Katherine, or a courtier. Henry VIII is famous for his six marriages.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Netflix, Amazon, Chevron, Meta, Shopify & more
▼ + stars: | 2023-01-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley upgrades Colgate-Palmolive to overweight from equal weight Morgan Stanley said in its upgrade of Colgate that it sees an attractive entry point. "We upgrade shares from Neutral to Buy as we see the last of tough comparables for SHOP subsiding entering '23." Bank of America reiterates Meta as neutral Bank of America says it's cautious heading into Meta earnings on Wednesday. Berenberg upgrades Tesla to buy from hold Berenberg said in its upgrade of Tesla that "factory innovations support long-term margins." Morgan Stanley reiterates Southwest Airlines as overweight Morgan Stanley says it's sticking with shares of the airline.

☆ Baker Hughes misses profit estimate amid shortages, inflation
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

Jan 23 (Reuters) - Baker Hughes Co (BKR.O) missed a fourth-quarter profit estimate on Monday as the oilfield services firm navigated challenges including component shortages, supply chain inflation and disruptions caused by Russia's invasion of Ukraine. Many oilfield firms have also been facing workforce shortages, inflation and supply chain constraints. Baker Hughes restructured its business last year into two segments, one focused on oilfield equipment and services and another on industrial and energy technology. Total company revenues of $5.9 billion also missed Wall Street estimates of $6.1 billion, according to Refinitiv data. Still, analysts were upbeat on the firm's adjusted EBITDA of $947 million, which beat forecasts of around $925 million.

☆ A glamourous Parisian's haute couture wardrobe goes up for auction at Christie's
▼ + stars: | 2023-01-23 | by ( Michaela Cabrera | ) www.reuters.com time to read: +2 min

REUTERS/Sarah MeyssonnierPARIS, Jan 23 (Reuters) - A wardrobe owned by a Parisian woman who rubbed elbows with Yves Saint Laurent and other famous French designers is up for online auction at Christie's as Haute Couture week kicks off in Paris. A velvet bustier evening dress, from Saint Laurent's 1984-1985 haute couture collection, is also up for sale. And you know, all haute couture clients, they said that the Saint Laurent outfits are the most comfortable and the more feminine and sensual," de Foresta said. The Parisian owner also wore pieces by Christian Lacroix, Gianfranco Ferre for Dior and Valentino, and most of the couture pieces were bought in the 1980s and 1990s. Haute Couture Fashion Week, which wraps up on Thursday, allows an elite club of top-end designers to show off elaborate creations, which are not mass-produced for stores but tend to be sold to private clients.

Search resuls for: "Tudor"

25 mentions found