DIRS.INFO The most relevant business & tech news

☆ Russia will be scared to deploy its precious command planes after the 'embarrassing' loss of 2 of them, experts say
▼ + stars: | 2024-01-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine said it damaged two Russian command aircraft — a Russian A-50 radar early-warning plane and Ilyushin Il-22 airborne command post — on Sunday, hitting the planes with its air defense systems. A photo that purports to show the wing of a Russian Il-22 aircraft shared by pro-war Russian milblogger Fighterbomber. Considering those losses together, Manon said: "For the Russian Air Force, it's kind of embarrassing." Given the limited supply, the latest developments are "a pretty big loss" for Russia, Manon said, adding that these aircraft are a key resource for Russia. Ukraine says it needs more air defense equipment, with Russia trying to erode Ukraine's stockpiles to clear the way for unobstructed attacks.

Persons: —, Rajan Manon, Manon, Gustav Gressel, Wagner, Sefa, shootdowns Organizations: Service, Business, Ilyushin, European Council, Foreign Relations, UK Ministry of Defence, Russian Air Force, Wagner Group, Anadolu Agency, Getty, NATO, Ukrainian Air Force Locations: Ukraine, Russian, Russia, Belarus, Minsk .

☆ Ukraine says it hit 2 prized Russian command aircraft in just one day
▼ + stars: | 2024-01-15 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewUkraine said it hit two Russian command aircraft in a single day over the weekend. And opposition activists in Belarus said they destroyed a Russian A-50 in their country last February. AdvertisementNeither Ukraine nor Russia release figures for how many of their aircraft have been destroyed, and no fully verified figures exist. But Ukraine has destroyed multiple Russian aircraft in the conflict. Even so, Ukraine is warning that it needs to boost its air defense arsenal to stop Russian aircraft and the drones and missiles that have hit its towns and cities.

Persons: —, HUR, Jake Epstein, Wagner Organizations: Service, Kyiv Post, Ilyushin, Business, Forbes, UK Ministry of Defence, Ilyushin Il, Wagner Group Locations: Ukraine, Kyiv, Russian, Zaporizhzhia, Russia, Belarus

☆ The new investment chief at $290 billion BNY Mellon Wealth Management makes the case for her 5 favorite investments while US stocks struggle to break through record highs
▼ + stars: | 2024-01-14 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

BNY Mellon Wealth Management's chief investment officer explained why stocks have limited upside. Sinead Colton Grant has hit the ground running in her new role as the chief investment officer at BNY Mellon Wealth Management. What to expect in the economy this yearThe theme of BNY Mellon Wealth Management's 2024 outlook report is "a healthy slowdown." However, Colton Grant acknowledged that there are serious discrepancies between how high- and low-income households experience the economy. 5 top places to invest nowBNY Mellon Wealth Management may be neutral on equities broadly, but it has a bullish overweight rating on US stocks.

Persons: Sinead Colton Grant, BNY, she's, BNY Mellon, Colton Grant, David Kelly, Colton, Kelly, Colton Grant's Organizations: BNY Mellon Wealth, BNY Mellon Wealth Management, BNY Mellon, BNY, JPMorgan Asset Management, Business, Mellon Wealth Management, Federal Reserve, Mellon, Management, Asset Management, BMO Capital Markets Locations: BlackRock, Invesco

☆ Russia and Ukraine both failed at tank assaults because they can't surprise each other for 2 key reasons, expert says
▼ + stars: | 2024-01-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

Tank assaults have gone poorly for both Russia and Ukraine because they can't surprise each other. Flat terrain and lots of drones mean defenders see the tanks coming, an expert told BI. AdvertisementNeither Russia nor Ukraine has been able to pull off successful tank assaults — and there is a clear reason. The flat terrain and number of drones in the sky make it too hard to surprise the other side, an expert told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: —, Riley Bailey Organizations: Service, Institute for, Business Locations: Russia, Ukraine

☆ Ukraine is using its advanced Leopard tanks like long-range artillery instead of penetrating battle vehicles, report says
▼ + stars: | 2023-12-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine is using Leopard tanks more like long-range artillery than attack vehicles, AFP reported. AdvertisementUkraine is using the advanced Leopard tanks it received from its Western allies defensively rather than as penetrative offensive weapons, news agency Agence France-Presse reported. A Leopard tank's 120mm cannon has an effective range of about 2.4 miles, while an M777 howitzer has a 13-mile range, more than 5 times as far. AdvertisementUkraine's allies agreed to give it Leopard tanks in January, after months of Ukrainian requests and after pressure from its smaller allies that didn't have any of their own to give. AdvertisementWhile Ukraine waited, Russia built formidable defenses and turned Ukraine into the world's most heavily mined country.

Persons: —, Volodymyr Zelenskyy Organizations: AFP, Service, Agence France, Ukraine's 21st Mechanised Brigade, Leopard Locations: Ukraine, Russia, Ukraine's, Swedish

☆ Barclays shares slip after major backer Qatar cuts stake
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Qatar Investment Authority, the state sovereign wealth fund which owns Qatar Holding, did not respond to a request for comment. The share sale comes as Barclays embarks on a shake-up to cut costs and revive its share price, which has halved since Qatar first invested in 2008. Barclays' stock fell as much as 4.5% in early trading and was last down 2.5% at 1007 GMT. Qatar became Barclays' largest shareholder during the 2008 financial crisis when it injected 4 billion pounds into the UK bank in a deal that helped avert a taxpayer bailout. Britain's financial watchdog later fined Barclays $55 million for fees paid to Qatari entities in the 2008 fundraising, which Barclays said it would appeal.

Persons: Venkatakrishnan, Vekatakrishnan, Iain Withers, Sinead Cruise, Pablo Mayo Cerqueiro, Lawrence White, Danilo Masoni, Andrew Mills, Kirsten Donovan, Emelia Organizations: Barclays, Qatar, Reuters, Qatar Investment Authority, Qatar Holding, Thomson Locations: Qatar, Germany, London, Milan, Doha

☆ Ukraine is on track to make 72 howitzers next year, but will struggle to get the ammo to use them, report says
▼ + stars: | 2023-12-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

That means it's on pace to make at least 72 howitzers next year, Forbes reported. But Ukraine and its allies are short of ammunition, with Ukraine limiting its firing as a result. AdvertisementUkraine is ramping up its domestic weapons production and is on track to manufacture 72 howitzers next year, but will struggle to have enough ammunition to use them, Forbes reported. Ukraine's domestic production of weapons, like the howitzers, will help to plug any gaps that emerge. But even after maximizing its howitzer production, Ukraine will struggle to have enough ammunition for them.

Persons: Forbes, —, Volodymyr Zelenskyy, Vladimir Putin Organizations: Service, NATO, EU, Politico, House Locations: Ukraine, Russia, Russian

☆ Showbiz in 2023: Hollywood strikes, Beatles last song, 'Swift effect'
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +3 min

[1/5] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsLONDON, Dec 4 (Reuters) - From strikes paralysing Hollywood to the Beatles releasing their last ever song, the world of entertainment provided many headlines this year. * The last Beatles song, featuring the voice of late member John Lennon and developed using artificial intelligence, was released. * Music superstars Taylor Swift and Beyonce kicked off their hugely successful concert tours, and both brought films of them to cinemas. "Taylor Swift: The Eras Tour" hauled in an estimated $126 million-plus globally in its opening weekend, a boost for cinemas after the Hollywood strike prompted studios to delay releases for titles like "Dune: Part Two."

Persons: Mike Blake, John Lennon, Charlie Watts, Madonna, Britney Spears, Justin Timberlake, Kevin Spacey, Gwyneth Paltrow, Ed Sheeran, Alec Baldwin, Rust, Halyna Hutchins, Taylor Swift, Beyonce, Swift, Travis Kelce, Robert De Niro, Al Pacino, Tina Turner, Lisa Marie Presley, Harry Belafonte, Matthew Perry, Tom Sizemore, Julian Sands, Jeff Beck, Jane Birkin, Tony Benett, Sinead O'Connor, Michael Gambon, Marie, Louise Gumuchian, Frances Kerry Organizations: Writers Guild of America, Disney Studios, REUTERS, Hollywood, Beatles, Unions, New, Kansas City Chiefs, Thomson Locations: Burbank , California, U.S, United States, New Mexico

☆ Russia likely doesn't know how many troops it's lost because its military has a 'culture of dishonest reporting': UK intel
▼ + stars: | 2023-12-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia has likely seen up to 350,000 casualties since its invasion of Ukraine, the UK MOD said. But that figure is an estimate, and Russia probably doesn't even know the real figure, it said. Russia has "a long-established culture of dishonest reporting within the military," the MOD said. The UK MOD said in an intelligence update on Monday that Russia has likely seen up to 350,000 casualties since it launched its invasion of Ukraine in February 2022. Russia likely doesn't have an accurate count itself, the MOD said.

Persons: — Organizations: MOD, Service, UK Ministry of Defence, UK, Wagner, NATO, UN Locations: Russia, Ukraine

The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, ”, San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, “, Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat Williams, Glenda Jackson, Daniel Ellsberg, Richard Nixon, Big, George Frazier, Lee Sarokin, Rubin “, ” Carter, Winnie Ewing, Sheldon Harnick, Jerry Bock, “ Fiorello, John Goodenough, Peg Yorkin, Sue Johanson, Yan Mingfu, John Berylson, James Lewis, poisonings, Mikala Jones, André Watts, Jane Birkin, Kevin Mitnick, San Francisco ”, Frank Sinatra, Lady Gaga, Hugh “ Sonny ” Carter Jr, Jimmy, Randy Meisner, Herman, Angus Cloud, Fezco, ” O’Neill, ___, Mark Margolis, Hector Salamanca, Saul, Sixto Rodriguez, flamed, Robbie Robertson, Tom Jones, Magoo, Timbaland, Aaliyah, Missy Elliott, Clarence Avant, Quincy Jones, Bill Withers, Ada Deer, Jerry Moss, Herb Alpert, Alpert, Michael Parkinson, Muhammad Ali, Miss Piggy, Jiri Cerny, Betty Tyson, Richard Nixon’s, John Warnock, Ron Cephas Jones, Howard Hubbard, Samuel “ Joe ” Wurzelbacher, Joe, Barack Obama, Gil Brandt, Tom Landry, Tex Schramm, Bill Richardson, Steve Harwell, Shabtai Shavit, Jordan, Ian Wilmut, Dolly, Prince Mangosuthu Buthelezi, Roy Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United Nations, Greek Foreign, Republican, Hong, Boston Celtics, NBA, NBC, CBS, Television, Fame, Chicago Blackhawks, ”, New, of Fame, Louis Cardinals, “, Palestinian, Israel, South Dakota Democrat, Arab, Arab American U.S, Britain’s, Commons, . Census Bureau, Alabama ”, Zealand, Navajo, Minnesota Vikings, People, Playboy, Capitol, Juana La Cubana, New York Knicks, Guinness, World Records, Hollywood, Treasury, Southern Baptist Convention, Los Angeles, Roundabout Theatre Company, Air Force, Harlem Globetrotters, Janeiro Games, baseball’s, Germany’s Bayreuth, NCAA, Hall of Famer, Redeemer Presbyterian Church, Legion, Ames, Phoenix, FBI, Simon &, Christian Broadcasting Network, Republican Party, Christian Coalition, Harvard, Feminist Majority Foundation, “ Little, Communist Party, Millwall, New York Philharmonic, San, Brigade, Wing, Eagles, HBO, of Indian Affairs, M, Police, Carpenters, Adobe Systems, Pro Football Hall of Fame, Dallas Cowboys, escapist, Democratic, Zulu, Eastern, AA, Broadway, Communist, U.S . Senate, Red Sox, Yankees, Boston, Chicago Bears, Major, Isley Brothers, New York Times, Manchester United, India, Indiana, Nevada — Resorts, Atlantic City —, Navy, Associated Press, Soka Gakkai, Kentucky Derby, Kool, The, European, Barcelona, Tottenham, City Locations: Russia, Ukraine, Bakhmut, Russian, U.S, Finnish, New Mexico, New Jersey, British, Greece, American, Hong Kong, Italian, America, New York, Spanish, catwalks, Texas, Taiwan, Pakistan, Afghanistan, San, New Orleans, Rosebud, Arab American, Haiti, “, African, Brooklyn, London, Los, Mississippi, United States, Rivers, Georgia, Savannah, Louisville, New York City, Irish, HBO’s “ Rome, Brazilian, Ipanema, Moscow, Virginia, Montana, Vietnam, Canada, Asia, Chicago, Hawaii, France, South Africa, Wisconsin, Los Angeles, Czech, Eastern Kentucky, Colombian, ”, California, Tulsa, Finland, China, Nevada, Atlantic City, Florida, Berkshire

A pedestrian carrying an umbrella walks along the River Thames in view of City of London skyline in London, Britain, July 31, 2023. Finance executives, consultants and headhunters interviewed by Reuters predict subdued deal flows, modest bonuses for most and heavy job cuts in 2024. "2023 will ultimately be one of the lowest corporate finance fee pools in modern history," said Fabrizio Campelli, head of Corporate Bank and Investment Bank at Deutsche Bank. JOB CUTSBanks have already turned to cost cuts to try to weather the downturn, which in a people-intensive business means job losses. And although some bankers expect a tough 2024, others sense an opportunity for European banks from the Basel Endgame.

Persons: Hollie Adams, Fabrizio Campelli, Banks, Ronan O'Kelly, Oliver Wyman, O'Kelly, Dominic Hook, Goldman Sachs, Vis Raghavan, JP Morgan, Morgan McKinley's, Stephane Rambosson, headhunter, Rambosson, Ana Botin, Morgan's Raghavan, there's, Oliver Wyman's O'Kelly, Deutsche's Campelli, Anousha Sakoui, Carolyn Cohn, Jesus Aguado, Alexander Smith Organizations: REUTERS, LONDON, Finance, Reuters, Corporate Bank, Investment Bank, Deutsche Bank, Organisation for Economic Cooperation, Development, Barclays, Lloyds, Challenger Metro Bank, UBS UBSG.S, Citi, Workers, Global Investment Banking, Employment, European Union, Santander, Global, Basel, Thomson Locations: City, London, Britain, Europe, Middle East, Africa, Ukraine, West, China, United States, India, Madrid

☆ A Russian who joined the army for the money says his training consisted of tasks like picking up sticks. He was then sent to fight.
▼ + stars: | 2023-12-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

A Russian soldier said he received almost no training before being sent to the front to fight. AdvertisementA Russian soldier said he joined the army for the money but that his military training was made up of chores like picking up branches. AdvertisementSergei's training was mostly made up of tasks like picking up sticks and first aid lessons that were more theoretical than practical, he said. AdvertisementOther Russian POWs captured at Avdiivka described heavy losses of armored vehicles and troops to the Journal, while saying they got little training before being sent there. Soldiers, military experts, and Western intelligence have pointed out how little training many Russian troops have been given before being sent to Ukraine to fight.

Persons: —, Sergei, hasn't, it's, Avdiivka, Riley Bailey Organizations: Service, Wall Street Journal, Ukrainian, for, Russian, UK Ministry of Defence Locations: Russian, Ukrainian, Avdiivka, Ukraine, Russia

☆ A dozen Russian marines were killed when an RPG shell rolled into a fire they'd lit beside a pile of ammo and exploded, report says
▼ + stars: | 2023-12-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Russian soldiers died after lighting a fire beside a pile of ammunition, per Russian outlet 161.ru. An RPG-7 grenade launcher shell rolled into the fire and exploded, killing at least 12, it said. AdvertisementAt least 12 Russian marines were killed when an RPG shell rolled into the fire they had lit beside a pile of ammunition, a source told Russian news outlet 161.ru. Three sources in Russia's military, law enforcement, and investigative agencies told the outlet about the incident, it said. An RPG-7 grenade launcher shell then rolled into the fire and exploded, the source told 161.

Persons: — Organizations: Service Locations: Russia, Vladivostok, Ukrainian

Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing RightsNov 30 (Reuters) - Metro Bank (MTRO.L) on Thursday announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20% of its staff and axe some of its biggest customer perks including seven-day opening hours. The lender expects to take a lower-than-expected one-off restructuring charge of between 10 million pounds and 15 million pounds in 2023. Metro Bank did not immediately respond to a request for clarification on the precise number of roles at risk, but the lender employs around 4,000 people, according to its latest annual report. It is also reviewing its seven-day opening and extended store hours and will "selectively streamline lending" to focus on relationship banking to maximise risk-adjusted returns.

Persons: Hannah McKay, Jaime Gilinski, Daniel Frumkin, outflows, Yadarisa, Sinead Cruise, Elizabeth Howcroft, Rashmi Aich, Sherry Jacob, Phillips, Sharon Singleton Organizations: Metro Bank, REUTERS, Metro, Thomson Locations: London, Britain, Colombian, Bengaluru

☆ Robinhood opens in UK with low-cost US trading to woo clients
▼ + stars: | 2023-11-30 | by ( Sinead Cruise | ) www.reuters.com time to read: +2 min

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. Since then, trading activity has shrunk as people grapple with a cost-of-living crisis caused by high interest rates and inflation. Robinhood said UK customers will have access to commission-free trading of more than 6,000 US-listed stocks and American Depositary Receipts (ADRs), without foreign exchange fees and no account minimums. "For too long, UK investors have incurred high fees to invest in the U.S. markets and earned low returns on their uninvested cash," said Jordan Sinclair, president of Robinhood UK. The online brokerage missed Wall Street estimates for third-quarter revenue earlier this month after a slowdown in trading activity.

Persons: Andrew Kelly, Robinhood, Vlad Tenev, Jordan Sinclair, Sinead Cruise, Kirstin Ridley, Jane Merriman, Barbara Lewis Organizations: Inc, REUTERS, Authority, Robinhood, U.S . Federal Deposit Insurance Corporation, Thomson Locations: New York City, U.S, Britain, United States

☆ The Complex, Enduring Friendship of Shane MacGowan and Sinead O’Connor
▼ + stars: | 2023-11-30 | by ( Amanda Hess | More About Amanda Hess | ) www.nytimes.com time to read: +2 min

In a 2021 biography of MacGowan, O’Connor recalled performing a version of “Haunted” with him while he was using heroin. “The producers were freaking out because Shane was nodding out on smack in between the verses,” she told MacGowan’s biographer, Richard Balls. O’Connor and MacGowan first encountered each other in the 1980s in London, MacGowan told me over email in 2021, though he did not remember the exact circumstances. “In the locked ward where they put you if you’re suicidal, there’s more class A drugs than in Shane MacGowan’s dressing room,” she wrote. Shane MacGowan sounds Irish.” In our interview, MacGowan called O’Connor “a brilliant singer and a brilliant Irish singer, one of the best.”

Persons: MacGowan, O’Connor, Shane, ”, MacGowan’s, Richard Balls, “, Moya Brennan, Joey Cashman, Joey, “ Rememberings, ” O’Connor, Shane MacGowan’s, Bob Geldof, ” Geldof, “ Bono, Shane MacGowan Organizations: Pogues, “ Locations: London, St, Dublin, Irish

☆ Shane MacGowan, hard-drinking poet of The Pogues, dies at 65
▼ + stars: | 2023-11-30 | by ( Conor Humphries | ) www.reuters.com time to read: +5 min

[1/2] Shane MacGowan, former lead singer of The Pogues, performs during the Montreux Jazz festival in the [Miles Davis] Hall late July 15, 1995. MacGowan and his band The Popes were part of the 'Irish Night' during the festival. MacGowan brought Irish traditional music to a huge new audience in the late 1980s by splicing it with punk, and achieved mainstream success with his bittersweet, expletive-strewn 1987 Christmas anthem "Fairytale of New York". Irish President Michael D. Higgins, also a poet, described MacGowan on Thursday as one of music's greatest lyricists. Following a decade with a new band, the Popes, MacGowan and the Pogues reunited and toured regularly until 2014.

Persons: Shane MacGowan, Miles Davis, MacGowan, Stringer, Pogues, Nick Cave, Victoria Mary Clarke, Jesus, Mary, Therese, Pogue Mahone, Elvis Costello, Joe Strummer, Michael D, Higgins, Kirsty MacColl, Bono, Sinead O'Connor, Glen Matlock, Johnny Depp, Cave, Muvija M, Graham Fahy, Conor Humphries, Padraic Halpin, Alex Richardson, Andrew Heavens Organizations: Montreux Jazz, Hall, Guardian, Westminster School, Pogues, Sex, Thomson Locations: Kent, Ireland, DUBLIN, London, Irish, York, English, Soho, Siam, New Zealand, Japan

☆ Russia is stuffing an elite paratrooper force with poorly trained troops that are eroding its power, UK intel says
▼ + stars: | 2023-11-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Russia is sending a new division of its VDV paratrooper force into Ukraine, the UK MOD said. AdvertisementRussia's once-elite paratrooper force is being padded out with low-quality soldiers that are eroding its elite status, according to UK intelligence. The UK Ministry of Defence gave an intelligence update on Thursday on the VDV — Russia's once-revered paratrooper force. It would bring the number of VDV division up to five, from its previous level of four, per the update. AdvertisementBut this division will "likely be poorly trained and is unlikely to meet the erstwhile elite standards of the VDV," the MOD said.

Persons: —, Russia's, GAD Organizations: MOD, Service, UK Ministry of Defence, 104th Guards Airborne Division, Business Locations: Russia, Ukraine, US, Kherson Oblast

☆ Russia has a 'high tolerance' for losses after losing 100s of aircraft, 1000s of tanks, and more than 300,000 men in Ukraine, NATO chief says
▼ + stars: | 2023-11-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Since the invasion, Russia has become "weaker politically, militarily, and economically," he said. But Jens Stoltenberg warned that this doesn't mean Russia will stop. And more than 300,000 casualties," Stoltenberg said. AdvertisementBut Stoltenberg warned against thinking that Russia would stop its invasion as a result of all this, stating that "we must not underestimate Russia." AdvertisementThis could include getting some territory from Ukraine, something Ukraine said it is not willing to accept and that's unlikely to actually stop Russia.

Persons: Jens Stoltenberg, —, Stoltenberg, Vladimir Putin, Putin, Putin's Organizations: Service, NATO, Russia, Ukrainian, Kremlin Locations: Ukraine, Russia, Caucasus, Central Asia, China, Moscow, Beijing, Russian, Ukrainian

☆ Russia's navy could be open to a sea-drone attack after a huge storm
▼ + stars: | 2023-11-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

A big storm over occupied Crimea damaged Russia's naval defenses there, a report said. Satellite images showed damage to booms and barges meant to defend from sea drones. AdvertisementSevastopol is Russia's main naval base in Crimea, the Ukrainian peninsula it has occupied since 2014. UK intelligence officials also said last month that Russia had moved some naval operations away from Crimea as Ukraine continued its attacks. AdvertisementUkraine has also been using sea drones to target the fleet, including an attack earlier this month which Ukraine said hit two Russian vessels.

Persons: —, Basil Germond, Insider's Mia Jankowicz Organizations: Service, Planet Labs, Reuters, Ukraine ramped, Lancaster University, Elite Ukrainian Locations: Crimea, Ukraine, Sevastopol, Russia

☆ Ukraine is focusing on blowing up Russia's electronic warfare systems that are impeding its advanced weapons
▼ + stars: | 2023-11-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine is putting renewed effort into its fight against Russia's electronic warfare, CNN reported. AdvertisementUkraine is focused on destroying Russia's electronic warfare systems that are increasingly hampering its advanced weaponry, CNN reported. Electronic warfare systems can seriously hamper advanced weapons, by jamming signals or by confusing a missile as to where it is, causing it to miss its target. AdvertisementCompared to older weapons systems, modern systems like HIMARS are particularly vulnerable to electronic warfare because they use GPS to hit their targets, CNN noted. But he warned that Russia was outdoing Ukraine in developing its own electronic warfare systems.

Persons: —, Pavlo Petrychenko, Petrychenko, Ukraine's, Mykhailo Fedorov, Valerii Zaluzhnyi Organizations: CNN, Service, KU, 59th Motorized Brigade, Economist, GPS, Royal United Services Institute, Pentagon, Business, outdoing Locations: Ukraine, Russia, outdoing Ukraine

☆ European Union should consider scrapping banker bonus cap - Deutsche Bank CEO
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: 1 min

Christian Sewing, CEO of Deutsche Bank, poses after an interview with Reuters in Hong Kong, China September 8, 2023. REUTERS/Selena Li/File Photo Acquire Licensing RightsLONDON, Nov 29 (Reuters) - The European Union should consider scrapping a cap on banker bonuses to remain competitive with other financial centres, Deutsche Bank CEO Christian Sewing said on Wednesday. Sewing told a Financial Times event in London that the bloc should take account of other jurisdictions that are ditching similar caps - including Britain - and consider replicating the reform, providing it did not revive a culture of excessive risk taking. Reporting by Iain Withers, editing by Sinead CruiseOur Standards: The Thomson Reuters Trust Principles.

Persons: Selena Li, Deutsche Bank CEO Christian Sewing, Iain Withers, Sinead Cruise Organizations: Deutsche Bank, Reuters, REUTERS, European, Deutsche Bank CEO Christian, Financial, Thomson Locations: Hong Kong, China, European Union, London, Britain

☆ HSBC CEO says bank 'well provisioned' for any further China real estate losses
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

Noel Quinn, Group Chief Executive of HSBC, speaks during the Global Financial Leaders Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsLONDON, Nov 29 (Reuters) - HSBC (HSBA.L) is well provisioned against further China real estate losses, its CEO Noel Quinn said on Wednesday, amid a slump for the country's property market that has led to bank writedowns in recent quarterly earnings. Quinn reiterated that he felt the China property market had bottomed out, but said collateral consequences would potentially cause further losses for some banks. "We feel as though we're well provisioned," Quinn told the Financial Times' Global Banking Summit event in London. Quinn said he took two phones, two iPads and a laptop into Hong Kong and mainland China, but said the number of devices reflected splitting business and personal devices.

Persons: Noel Quinn, Tyrone Siu, Quinn, Lawrence White, Iain Withers, Sinead Cruise Organizations: HSBC, Global Financial, Investment, REUTERS, Financial Times, Global Banking, Thomson Locations: Hong Kong, China, London

REUTERS/Aly Song/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - M&G Real Estate (MNG.L) forecasts it is "a matter of time" before global property markets face greater volumes of forced selling, with banks increasingly reluctant to refinance troubled or lower quality assets at current interest rates. "We are in a new period of real estate investment that will require a new mindset," he told Reuters before the publication of the firm's Global Real Estate Outlook on Tuesday. Nearly 40% of outstanding British commercial real estate loans are due to mature in 2024 and 2025, where average real estate values have fallen by over 20% since mid-2022, the report said, citing data from Bayes Business School. "Real estate debt is becoming an increasingly attractive investment proposition," Pellicer said. U.S. office-based working is at only 50% of pre-pandemic levels, the report cited real estate services firm JLL (JLL.N) as estimating, while numbers in Europe have recovered to 75%.

Persons: Aly, Jose Pellicer, Pellicer, G, Carolyn Cohn, Sinead Cruise, Alexander Smith Organizations: REUTERS, G, Reuters, Bayes Business, Thomson Locations: Shanghai, China, Germany, Sweden, Europe, United States, Asia

☆ A teenager who fled Russia-occupied Ukraine sent a police officer who was trying to find him a mocking selfie to show he made it to Kyiv
▼ + stars: | 2023-11-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The Post reported that the boy then sent a police officer a selfie from Kyiv, to prove he'd escaped. AdvertisementA teenager who escaped from Russia-occupied Ukraine sent a jeering selfie to a police officer who was looking for him to show that he'd made it to Kyiv, The Washington Post reported. He is one of the many children that Ukraine and its allies, including the US, have accused Russia of forcibly deporting. AdvertisementUkraine said it has identified almost 20,000 Ukrainian children that Russia has deported. Lavrov's testimony could be helpful in Ukraine's efforts to seek justice for children taken by Russia, the Post reported.

Persons: he'd, —, Rostyslav Lavrov, Lavrov, Vladimir Putin Organizations: Washington Post, Service, The Washington Post, Russian, Police, EU, Russia, US State Department Locations: Ukrainian, Russian, Crimea, Kyiv, Russia, Ukraine, Ukraine's Kherson, Kherson city, Maidan Square, Belarus

Search resuls for: "sinead"

25 mentions found