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☆ Your world in 10 minutes: The Israel-Lebanon border heats up
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Lebanon front with Israel heats up, stoking fears of a wider war. The US House speaker tries to avoid a shutdown with a two step bill. Migrant children are being treated like adults as record numbers arrive in the Canary Islands by boat. Plus, Iceland’s volcano sparks mass evacuation and the Italian town that fell in love with a lion roaming free. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

Persons: stoking, Biden, China's Xi Organizations: Apple, Google, Reuters, Thomson, Reading, APEC Locations: Lebanon, Israel, Canary, Gaza

[1/5] Several volunteers give Spanish classes to migrants outside the Las Raices Camp in La Laguna, Spain, November 5, 2023. The mix-up shows just how overwhelmed the Spanish archipelago is, Canary Islands president Fernando Clavijo told Reuters, after a record 32,000 migrants came so far this year. At Tenerife's Las Raices adult migrants' centre in San Cristobal de La Laguna, Camara and his friend from the voyage, 16-year-old Modou Lamin Jarju from Gambia, sat around with dozens of other west Africans. Reuters GraphicsOne of the most strained of the eight Canary Islands is El Hierro, its population of 9,000 more than matched by the arrival of 11,000 migrants this year. At its largest minors' centre on a recent day, some 300 children ate breakfast on a basketball court before Spanish lessons.

Persons: Borja Suarez, Moussa Camara, Camara, Classing, Fernando Clavijo, Fran Morenilla, Salaoum Colley, Amparo Morales, Clavijo, El Hierro, Corina Pons, Horaci Garcia, Charlie Devereux, Andrew Cawthorne Organizations: REUTERS, CRISTOBAL, LA LAGUNA, Reuters, Reuters Graphics Reuters, Las, Amnesty, Canaries, San Cristobal de La Laguna, Camara, Thomson Locations: La Laguna, Spain, Guinea, Europe, Islands, Spanish, Almeria, Canary, San Cristobal de La, Jarju, Gambia, El Hierro, European Union, Africa, Senegal

☆ Spain's Sanchez to Seek New Term as PM in Lower House on Nov. 16
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

MADRID (Reuters) - Spain's acting Prime Minister Pedro Sanchez will seek to clinch a new term in a parliamentary vote on Thursday, the lower house speaker Francina Armengol said on Monday. The vote will follow a parliamentary debate scheduled to start at noon local time (1100 GMT) on Wednesday, she told reporters. Sanchez looks assured of winning a new term with an absolute majority of the 350-member assembly. The prospect of the amnesty has brought thousands of opponents to the streets over the past week. After an inconclusive election on July 23, Sanchez's Socialist Party spent weeks negotiating with smaller parties, most of which had supported him in 2020 for his previous term.

Persons: Pedro Sanchez, Francina Armengol, Sanchez, UPN's, Inti Landauro, David Latona, Andrew Cawthorne Organizations: Junts, ERC, Sanchez's Socialist Party, Bildu, Canary Coalition Locations: MADRID, Catalan, Spain, Basque, Navarre

☆ Strong pay growth in UK spreads to public sector, survey shows
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Afolabi Sotunde/file photo Acquire Licensing RightsLONDON, Nov 13 (Reuters) - Strong pay growth in Britain's private sector will be matched in the public sector in the year ahead, according to a survey which showed no sign of an easing of inflationary heat in the jobs market. The Chartered Institute of Personnel and Development (CIPD) said employers in the private and public sectors both planned 5% pay rises, meaning public workers were on course for their biggest pay rise since CIPD began its surveys in 2012. The CIPD survey showed 51% of public-sector employers reported hard-to-fill vacancies compared to 38% of private-sector employers. "There remains strong demand for people, particularly in the public sector. It’s no surprise therefore that employers are expecting pay increases to match that of the private sector to remain competitive."

Persons: Afolabi, CIPD, Rishi Sunak, Jon Boys, William Schomberg, Andy Bruce Organizations: REUTERS, Chartered Institute, Personnel, Bank of England, Reuters, Thomson Locations: Canary Wharf, London, Britain

☆ Spain's Sanchez to seek new term as PM in lower house on Nov. 16
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Susana Vera/File photo Acquire Licensing RightsMADRID, Nov 13 (Reuters) - Spain's acting Prime Minister Pedro Sanchez will seek to clinch a new term in a parliamentary vote on Thursday, the lower house speaker Francina Armengol said on Monday. The vote will follow a parliamentary debate scheduled to start at noon local time (1100 GMT) on Wednesday, she told reporters. Sanchez looks assured of winning a new term with an absolute majority of the 350-member assembly. After an inconclusive election on July 23, Sanchez's Socialist Party spent weeks negotiating with smaller parties, most of which had supported him in 2020 for his previous term. Reporting by Inti Landauro; Editing by David Latona and Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: Pedro Sanchez, Andoni Ortuzar, Susana Vera, Francina Armengol, Sanchez, UPN's, Inti Landauro, David Latona, Andrew Cawthorne Organizations: Basque Nationalist Party, REUTERS, Rights, Junts, ERC, Sanchez's Socialist Party, Bildu, Canary Coalition, Thomson Locations: Madrid, Spain, Rights MADRID, Catalan, Basque, Navarre

☆ Trump is wooing oil and gas tycoons to financially support his 2024 campaign, report says
▼ + stars: | 2023-11-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Former President Trump is working to ramp up his support among energy executives, WaPo reported. Support from oil and gas executives would be crucial to his 2024 reelection campaign. Harold Hamm, the billionaire founder and chairman of Continental Resources, for instance, told Trump during a phone conversation earlier this year that he should end his presidential bid, per The Financial Times. "Trump was good on energy, and I think energy policy under Trump would be fine," Eberhart, the DeSantis supporter, told The Post. AdvertisementAdvertisementThe extent of Trump's pitches to energy executives is not a shock to environmental groups, as they battled with the administration over regulations throughout his entire time in the White House.

Persons: Trump, WaPo, —, Donald Trump, Joe Biden, Harold Hamm, Hamm, Ron DeSantis, Nikki Haley, Dan Eberhart, DeSantis, Kenny Troutt, Rick Bowmer, Barack Obama, Biden, bonafides, Tiernan Sittenfeld, Steven Cheung Organizations: Service, The Washington Post, Trump, Continental Resources, Gov, Post, White, Canary LLC, AP, Keystone XL, Wildlife, Green New, League of Conservation Voters, Big Locations: Trump, Florida, South Carolina, Trump's, Lago, Texas, Helper , Utah, Paris, Alaska, United States, ANWR

☆ UK economy flatlines as finance minister decries inflation drag
▼ + stars: | 2023-11-10 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

The U.K. economy flatlined in the third quarter, initial figures showed Friday. Services sector output dropped 0.1% on the quarter, but the decline was offset by a 0.1% increase in construction performance, while the production sector flatlined. U.K. Chancellor of the Exchequer Jeremy Hunt said high inflation remains the "single greatest barrier to economic growth" in the country, with the consumer price index remaining at 6.7% year-on-year in September. While somehow avoiding a recession this year, today's no growth reading means the UK economy is flatlining with only 0.2% economic growth in the last six months." As the Bank of England stated earlier this month that more than half of the impact of higher interest rates on the level of GDP is still to come through, the U.K. economy faces growing headwinds as we approach 2024."

Persons: Jeremy Hunt, Hunt, Lindsay James Organizations: Gross, Services, Chancellor, Quilter Investors, Bank of England Locations: Canary, London, U.K

☆ Spain's Sanchez wins support for PM bid amid anger over Catalan amnesty vow
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +4 min

"We have managed to secure a majority that will make possible the investiture of Pedro Sanchez," acting minister for parliamentary relations Felix Bolanos said in an interview with SER radio station. Opinion polls have painted a picture of a country divided over the question of amnesty, even within the ranks of the Socialist Party. With Junts and PNV and the national and regional left-wing parties, Sanchez would win an absolute majority of 178 out of 350 lawmakers. Later on Friday, the Socialist Party added one vote more to its wide coalition after Canary Islands' regionalist party Coalicion Canaria also agreed to back Sanchez. Bolanos said the Catalan amnesty law would help ease tension in Catalonia as it would free school directors, firefighters and other civil servants who helped organise an illegal referendum on the region's independence in 2017 from legal proceedings.

Persons: Pedro Sanchez, Ursula von der Leyen, Charles Michel, Jon Nazca, Junts, Sanchez, Felix Bolanos, Bolanos, Canaria, Carles Puigdemont, Belen Carreno, Emma Pinedo, Inti Landauro, David Latona, Jessica Jones, Aislinn Laing, Toby Chopra, Nick Macfie, Hugh Lawson, Andrea Ricci Organizations: European, REUTERS, Rights, Catalan separatists, National Basque Party, Canaries ' Coalition, SER, Socialist Party, Socialist, La, Sigma, Sanchez's Socialist Party, Interior Ministry, El Mundo, Socialists, Police, Thomson Locations: Granada, Spain, Rights MADRID, Catalonia, Galician, Basque, Canary Islands, Junts, Madrid

☆ UK finance firms face $510 million levy to fund 2024/25 compensation claims
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

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

LONDON, Nov 9 (Reuters) - Shell (SHEL.L) is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters. Greenpeace activists boarded the vessel in January near the Canary Islands off the Atlantic coast of northern Africa to protest oil drilling and travelled on it as far as Norway. Boarding a moving vessel at sea was "unlawful and extremely dangerous," a Shell spokesperson said. Four Greenpeace activists used ropes to hoist themselves onto the vessel from inflatable boats that chased the ship at high speed. Protests at sea against oil, gas or mining infrastructure have long been part of Greenpeace's operations.

Persons: Shell, Fluor, Shadia Nasralla, Rod Nickel Organizations: Greenpeace, Reuters, Court, Shell, Penguins, Thomson Locations: London's, Africa, Norway, North, Dutch

☆ The ‘dupe’ trend hit travel in 2023. It's a good way to save on your next trip, experts say
▼ + stars: | 2023-11-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

For example, flight searches more than doubled for several "dupe" destinations internationally, according to Expedia data. watch nowLikewise, flight searches to the island Curaçao, a stand-in for St. Martin, were up 228% in the U.S. and 185% worldwide. "TikTok popularized the idea of dupes … and the concept is increasingly taking off in the world of travel," Expedia said in a report published Wednesday. Internet search traffic in the U.S. for travel dupes spiked throughout 2023, peaking in July, according to Google Trends data. It's more than just the flight priceHowever, Hopper flight data indicates that not all dupes will necessarily pay off for travelers.

Persons: Klaus Vedfelt, Martin, TikTok, dupes …, Expedia, Hayley Berg, Hopper, Ho, Jon Gieselman, dupes, Sara Rathner Organizations: Digitalvision, Getty, Sydney, Expedia Brands, Auckland , New Zealand — Locations: Taipei, Seoul, U.S, Pattaya, Thailand, Bangkok, St, Perth, Australia, Liverpool, England, London, Hanoi, Vietnam, Ho Chi Minh City, Spain, Tenerife, Canary Islands, Barcelona, Phuket, Europe, Sydney, Nadi, Fiji, Auckland , New Zealand

☆ 100 cruise passengers injured as ship lurches to a halt in storm
▼ + stars: | 2023-11-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +5 min

CNN —A dream trip turned into a nightmare for the 1,000 passengers on board a cruise ship that was hit in storms, injuring 100. Everything went to plan until day 10 – November 2 – when the ship was en route to Gran Canaria, as storms approached. The ship remained safe at all times, but due to the impact of the storm some guests sustained injuries. It was last tracked off the coast of southern England, having departed Portsmouth for Lisbon, according to tracking website Vesselfinder. The route will take the ship through the Bay of Biscay again – hopefully with a smoother crossing this time.

Persons: Nigel Blanks, “, ”, Rob Wood, Ben Micthell, – Organizations: CNN, Gran Canaria, Coruña, Portsmouth –, Passengers, Canaries, BBC, Press, AP Locations: Bay, Biscay, France, Spain, Portsmouth, Spanish, Africa, Madeira, La Palma, Tenerife, Lanzarote, Fuerteventura, La, Gran, lurch, England, Lisbon

☆ Canary Wharf may yet avoid once-a-decade upheaval
▼ + stars: | 2023-11-06 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

LONDON, Nov 6 (Reuters Breakingviews) - Canary Wharf tends to have a new owner every decade. A recent 300 million pound equity injection implies they will buck the trend. Brookfield and the QIA, which own the estate’s developer Canary Wharf Group through a 50-50 partnership, ostensibly look to be backing a losing horse. Factoring in all its assets on the Canary Wharf estate, Brookfield as of September valued it all at $6.1 billion, or 5 billion pounds – over 2 billion pounds more than what the duo put in eight years ago. Canary Wharf could be owned by highly leveraged, shallow-pocketed types.

Persons: –, Paul Reichmann’s Olympia, Morgan, Breakingviews, dory, George Hay, Oliver Taslic Organizations: Reuters, HSBC, HK, London Docklands, Qatar Investment Authority, Canary, York, Morgan Stanley, Jefferies, Reuters Graphics Reuters, Brookfield, Wharf Group, Thomson Locations: Brookfield, –, CWG, City, Wharf

☆ Migrants Reaching Spain's Canary Islands Near 32,000 This Year
▼ + stars: | 2023-11-05 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

MADRID (Reuters) - Nearly 32,000 migrants have reached Spain's Canary Islands on fragile boats from west Africa this year, passing a previous record posted in 2006, regional authorities said on Sunday. So far this year, 31,933 people have reached the islands, compared with the 2006 small boats crisis when 31,678 people made it to the Canaries, regional authorities told Reuters. Fernando Clavijo, the Canary Islands regional chief, said the figures showed the scale of the humanitarian crisis faced by the islands and called for more help from the Spanish government and the European Union. Its seven islands have become the main destination for migrants from Senegal and other African countries trying to reach Spain, fleeing conflict or seeking a better life. The Spanish government said it would create additional emergency accommodation for some 3,000 migrants in military barracks, hotels and hostels.

Persons: Fernando Clavijo, Graham Keeley, Giles Elgood Organizations: Canaries, Reuters, Spanish coastguard, Spanish Civil Guard, Canary, European Union, State Locations: MADRID, Africa, El Hierro, EU, Africa's, Senegal, Spain

☆ Migrants reaching Spain's Canary Islands near 32,000 this year
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

Rescue workers search for bodies after a boat with 46 migrants from the Maghreb region capsized in the beach of Orzola, in the Canary Island of Lanzarote, Spain June 18, 2021. REUTERS/Borja Suarez/File Photo Acquire Licensing RightsMADRID, Nov 5 (Reuters) - Nearly 32,000 migrants have reached Spain's Canary Islands on fragile boats from west Africa this year, passing a previous record posted in 2006, regional authorities said on Sunday. Fernando Clavijo, the Canary Islands regional chief, said the figures showed the scale of the humanitarian crisis faced by the islands and called for more help from the Spanish government and the European Union. Its seven islands have become the main destination for migrants from Senegal and other African countries trying to reach Spain, fleeing conflict or seeking a better life. The Spanish government said it would create additional emergency accommodation for some 3,000 migrants in military barracks, hotels and hostels.

Persons: Borja Suarez, Fernando Clavijo, Graham Keeley, Giles Elgood Organizations: REUTERS, Rights, Canaries, Reuters, Spanish coastguard, Spanish Civil Guard, Canary, European Union, State, Thomson Locations: Maghreb, Orzola, Lanzarote, Spain, Rights MADRID, Africa, El Hierro, EU, Africa's, Senegal

☆ Migrants say 'Spain or death' as Senegalese navy tackles sea crossings
▼ + stars: | 2023-11-04 | by ( Ngouda Dione | ) www.reuters.com time to read: +4 min

[1/5] Senegalese Navy members are seen on board the patrol boat 'Walo', as they search for illegal migrants, in the Senegalese high seas, November 2, 2023. We will reach Spain, or we will die," one man shouted into the night as he climbed on board. The numbers had dropped as most migrants chose land routes through the Sahara Desert and the Mediterranean Sea. The Walo has intercepted around 4,000 migrants and 30 boats since launching operations in August, another officer on the boat said. In August, a boat carrying over 100 migrants from Senegal was found adrift near Cape Verde.

Persons: Walo, We're, Diallo, Mbaye Ndaw, Alessandra Prentice, Edward McAllister, Aurora Ellis Organizations: Senegalese Navy, REUTERS, Senegalese, Migrants, Spain, WE, Spain's Civil Guard, Thomson Locations: Canary Islands, West Africa, Europe, Spanish, Senegal, Gambia, Senegalese, Cape Verde

☆ More than 700 migrants rescued off Spain’s Canary Islands
▼ + stars: | 2023-11-04 | by ( Abel Alvarado | ) edition.cnn.com time to read: 1 min

CNN —More than 700 migrants traveling on four different boats were rescued near the shores of Spain’s Canary Islands, Spanish officials said Saturday. Some 247 people were aboard one boat, 238 on another, and 254 on the other two, according to a post on “X,” formerly Twitter, by the Canary Islands’ official emergency services account on Saturday. Of those aboard, two people were dead when found and two others died in a hospital, while 12 others are being treated in hospitals, officials said. On Thursday, Spain’s Interior Ministry said that 30,075 migrants had arrived to the Canary Islands by water from January 1 to October 31, more than double the number who arrived over the same period in 2022. The Canaries archipelago lies off Morocco’s west coast.

Persons: ” Organizations: CNN, Spain’s, Ministry Locations: Canary Islands

☆ US third-quarter economic growth seen fastest in nearly 2 years
▼ + stars: | 2023-10-26 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

While the anticipated robust growth pace notched last quarter is probably not sustainable, it would demonstrate the economy's resilience despite aggressive interest rate hikes from the Federal Reserve. According to a Reuters survey of economists, GDP likely increased at a 4.3% annualized rate last quarter, which would be the fastest since the fourth quarter of 2021. Others are not too concerned, noting the labor market continues to churn out jobs at a solid clip. Growth last quarter was also seen lifted by a smaller trade deficit, thanks to strong exports and increased inventory investment. But the labor dispute, which is costing auto makers millions of dollars per week, could weigh on growth in the fourth quarter.

Persons: Andrew Kelly, Joe Biden's, Sal Guatieri, Luke Tilley, it's, Yelena Shulyatyeva, Brian Bethune, Lucia Mutikani, David Gregorio Our Organizations: REUTERS, Business, WASHINGTON, Federal Reserve, United Auto Workers, BMO Capital Markets, Consumer, Wilmington Trust, Labor, Labor Department, U.S, Treasury, Financial, Group's, BNP, Boston College, Thomson Locations: Brooklyn , New York City, U.S, Toronto, American, Wilmington, Philadelphia, New York

☆ 'The economy is defying gravity': The no-recession trade is to buy high-yield bonds, JPMorgan portfolio manager says
▼ + stars: | 2023-10-26 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

"The economy is defying gravity" after third-quarter GDP approached 5%, according to JPMorgan portfolio manager Phil Camporeale. If no recession materializes, as Camporeale expects, then investors should buy high-yield bonds. AdvertisementAdvertisementThe recession everyone's been waiting for over the past 18 months isn't coming anytime soon after the release of third-quarter GDP data, according to JPMorgan portfolio manager Phil Camporeale. The US economy posted third-quarter GDP growth of 4.9%, representing its strongest quarterly growth since late 2021, and that's after multiple quarters of above-trend growth. AdvertisementAdvertisementWith a recession potentially averted, as he expects, investors should be buying high-yield bonds that are returning upwards of 9%.

Persons: Phil Camporeale, Camporeale, — Organizations: Service, CNBC, Federal Reserve

☆ Spain to create emergency accommodation for 3,000 migrants
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Borja Suarez/File Photo Acquire Licensing RightsMADRID, Oct 26 (Reuters) - Spain said on Thursday it would create additional emergency accommodation for 3,000 undocumented migrants in military barracks, hotels and hostels amid a 55% jump in arrivals by sea this year, which has triggered political tension. Escriva declined to disclose how many additional beds will be created, but a ministry source told Reuters it would be around 3,000 in total. But this time the central government's approach has been to expand emergency accommodations across the country, hoping to ease pressure on the Canaries. Following police screenings, migrants will be placed in the military barracks, hotels, hostels and other types of accommodations on a voluntary basis, the ministry source said. Escriva argued the situation was well-handled and manageable, and said some conservative politicians were whipping up what he called xenophobic rhetoric.

Persons: Borja Suarez, Jose Luis Escriva, Escriva, Isabel Diaz Ayuso, Belén Carreño, Joan Faus, Emma Pinedo, Jonathan Oatis Organizations: Gran Canaria, REUTERS, Rights, Union, Canaries, Madrid, Thomson Locations: Spanish, Arguineguin, Gran, Spain, Rights MADRID, Madrid, West Africa, Canary, Italy, Lampedusa

☆ Barclays narrowly beats profit forecasts on strong consumer, credit card business
▼ + stars: | 2023-10-24 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening investment bank revenues. Venkatakrishnan said the bank "continued to manage credit well, remained disciplined on costs and maintained a strong capital position" against a "mixed market backdrop." Barclays' corporate and investment bank (CIB) saw income decrease by 6% to £3.1 billion, with the bank citing reduced client activity in global markets and investment banking fees. The bank did not announce any new returns of capital to shareholders after July's £750 million share buyback announcement. The cost-income ratio in the third quarter was 63%, but the bank has set a medium-term target of below 60%.

Persons: Venkatakrishnan Organizations: LONDON, Barclays, Reuters, C.S, Barclays U.K, Q423 Locations: London

☆ Commodity-linked stocks drag FTSE 100 lower, Indivior lifts midcaps
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Toby Melville/File photo Acquire Licensing RightsSummaryCompanies FTSE 100 off 0.1%, FTSE 250 adds 0.1%Oct 23 (Reuters) - The UK's FTSE 100 slipped on Monday as rising government bond yields and losses in commodity-linked stocks kept equities under pressure, while Indivior shares boosted the midcap index on a lawsuit settlement. The commodity-focused FTSE 100 (.FTSE) was down 0.1% as of 7:08 GMT, while the mid-cap FTSE 250 (.FTMC) edged 0.1% higher. Precious metal miners (.FTNMX551030) lost 1.0% after gold prices slipped as U.S. dollar and Treasury yields strengthened. Indivior (INDV.L) shares added 7.0% after the drugmaker said it would pay $385 million to settle a lawsuit. Investors will be on the lookout for a slew of banks reporting results throughout the week with major lender Barclays (BARC.L) scheduled to post results on Tuesday.

Persons: Toby Melville, Khushi Singh, Janane Organizations: London Stock Exchange, REUTERS, FTSE, Treasury, pharma, Barclays, Meta, Microsoft, Thomson Locations: Canary Wharf, London, Britain, Israel, Bengaluru

☆ Over One Thousand Migrants Reach Spain's Canary Islands in Single Day
▼ + stars: | 2023-10-21 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

ARGUINEGUIN, GRAN CANARIA (Reuters) - Over 1,000 migrants arrived in Spain's Canary Islands in a single day on Saturday after making the dangerous journey from Africa, including on a boat carrying 320 people that rescuers said was the most packed vessel they had ever seen. The Red Cross, which was helping to treat the migrants, said a wooden boat that arrived on the island of El Hierro marked a record number of arrivals in a single boat. The previous record was a boat carrying 271 people that arrived in El Hierro on Oct. 3. Saturday's arrivals included 783 in El Hierro, 98 in Tenerife and 150 in Gran Canaria, the Red Cross said. In Gran Canaria, the coast guard towed a wooden boat carrying migrants, including a toddler, into the port of Arguineguin.

Persons: Borja Suarez, Jessica Jones, Toby Chopra Organizations: GRAN CANARIA, Reuters, Gran Canaria, Borders Locations: GRAN, Canary, Africa, El Hierro, Tenerife, Gran, Arguineguin, Spain, Senegal

☆ Over one thousand migrants reach Spain's Canary Islands in single day
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +2 min

[1/6] Rescuers disembark a migrant baby from a Spanish coast guard vessel, in the port of Arguineguin, on the island of Gran Canaria, Spain, October 21, 2023. The Red Cross, which was helping to treat the migrants, said a wooden boat that arrived on the island of El Hierro marked a record number of arrivals in a single boat. The previous record was a boat carrying 271 people that arrived in El Hierro on Oct. 3. Saturday's arrivals included 783 in El Hierro, 98 in Tenerife and 150 in Gran Canaria, the Red Cross said. In Gran Canaria, the coast guard towed a wooden boat carrying migrants, including a toddler, into the port of Arguineguin.

Persons: Borja Suarez, Jessica Jones, Toby Chopra Organizations: Gran Canaria, REUTERS, GRAN CANARIA, Borders, Thomson Locations: Spanish, Arguineguin, Gran, Spain, GRAN, Canary, Africa, El Hierro, Tenerife, Senegal

☆ LSEG says on track to meet 2023 growth targets
▼ + stars: | 2023-10-19 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. “LSEG delivered another quarter of strong, broad-based growth," LSEG Chief Executive David Schwimmer said in a statement, adding that he was confident that total income growth for the full year will be towards the upper end of a guidance range of 6% to 8%. Data and analytics, which now make up the bulk of LSEG income, was up 7.2% year on year at 1.29 billion pounds ($1.57 billion) on improving sales, rising retention of existing customers and a higher annual price increase, LSEG said. Organic ASV growth remains broadly around the level seen in the first and second quarters, LSEG said, adding that all 2023 guidance is reiterated, including EBITDA margin and capital expenditure. JPMorgan Cazenove analysts said third-quarter gross profit was in line with company-compiled consensus, but "most importantly" organic ASV growth recovered after dipping to 6.9% in the second quarter.

Persons: Toby Melville, “ LSEG, David Schwimmer, LSEG, JPMorgan Cazenove, Huw Jones, Mark Potter, Sinead Cruise Organizations: London Stock Exchange, REUTERS, JPMorgan, ASV, RBC, Microsoft, Thomson Locations: Canary Wharf, London, Britain

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