DIRS.INFO The most relevant business & tech news

The entrance to JPMorgan Chase's international headquarters on Park Avenue is seen in New York October 2, 2012. It is the bank's third-biggest city in the European Union in terms of staff with 900 people, coming after Warsaw (1,200) and Dublin (more than 1,000). In the wake of Britain's exit from the European Union, JPMorgan bought a seven-storey building near its historic headquarters in the first arrondissement to house more employees. JPMorgan will commit $50 million of the $60 million investment and Bpifrance will provide 10 million euros ($10.66 million). The aim is to raise between 150 million euros to 200 million euros by the end of 2024, the U.S. lender said.

Persons: Shannon Stapleton, Bpifrance, Cartier, Louis Vuitton, JP Morgan, Jamie Dimon, Mathieu Rosemain, Anousha Sakoui, Louise Heavens Organizations: JPMorgan Chase's, REUTERS, Rights, JPMorgan, U.S, European Union, Gardens, Justice, Ritz Paris Hotel, Spark, JPMorgan Asset Management, Thomson Locations: New York, France, London, Paris, Europe, Warsaw, Dublin, U.S, Vendome, Spark France

☆ Damage to ancient Hadrian’s Wall confirmed after famous UK tree ‘deliberately felled’
▼ + stars: | 2023-11-08 | by ( Francesca Street | ) edition.cnn.com time to read: +2 min

CNN —When a famous British tree was “deliberately felled” in September, pictures showed the trunk lying, horizontal, over part of Britain’s Roman-built Hadrian’s Wall. On Tuesday, Historic England – a government body that oversees preservation of ancient landmarks – confirmed part of Hadrian’s Wall where the felling took place has been damaged. The Sycamore Gap tree was widely photographed and admired prior to the felling. It also confirmed plans to work with the National Trust – a UK charity which also helps look after the site – “on a plan to repair the damage” to Hadrian’s Wall. Meanwhile, the National Trust is welcoming ideas from the public for “the future of the site and the tree” with people asked to get in touch with their suggestions.

Persons: Kevin Costner’s, Robin Hood, Hadrian’s Wall, Ian Forsyth Organizations: CNN, Getty, Historic, UNESCO, Heritage, National Trust Locations: British, Britain’s, Northumberland, England, Hadrian’s, Historic England, Roman

☆ Opinion: King Charles expresses regret for slavery and colonialism, but where’s his apology?
▼ + stars: | 2023-11-08 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +7 min

In his role as head of state, King Charles is his government’s servant and representative. Backed by his undoubted convening power, King Charles could make a historic contribution to the debate about reparatory justice. Crucially, King Charles is not just the British head of state and the head of the Commonwealth. Every day that passes without a similar statement from King Charles is a day too many. He could take inspiration from CARICOM — the Caribbean Economic Community — and its 10-Point Action Plan for Reparatory Justice.

Persons: Keith Magee, King Charles III, Keith Magee Arron, Charles, “, ”, Prince Charles, swerved, Bell Ribeiro, Addy, ” Ribeiro, Rishi Sunak, Sunak, King Charles, —, Willem, Alexander Organizations: University College London Institute for Innovation, CNN, Commonwealth, Labour, Commons, Parliamentary, Conservative, North, Twitter, —, Economic, Reparatory Locations: Kenya, Commonwealth, British, Barbados, Rwanda, Africa

☆ Take a look inside the new Raffles hotel in London
▼ + stars: | 2023-11-08 | by ( Karen Gilchrist | Marylou Costa | ) www.cnbc.com time to read: +8 min

Fiona Harris Communications director, Raffles London"It's the magic combination: the building, the location and the name, Raffles," Fiona Harris, Raffles London's communications director, told CNBC Travel. All in, the hotel houses 120 suites and rooms, including five heritage suites in the former offices of political and military leaders, and eight corner suites named after notable women and female spies. Raffles London is home to 120 rooms and suites, including eight corner suites named after notable women and female spies. Saison, run by Argentine Michelin star chef Mauro Colagreco, is one of nine restaurants and three bars at Raffles London. London's new luxury waveA stay at Raffles London is not without a significant price tag.

Persons: Winston Churchill's, Fiona Harris, Sir Stamford, Henry VIII, Ian Fleming's James Bond, Churchill, David Lloyd George, Lord Kitchener, Harris, Winston Churchill, Thierry Despont, Raffles, Argentina's Mauro Colagreco, sipping, Mauro Colagreco, James Bond, Ian Fleming, It's, Christine Granville, Gopichand Hinduja —, —, Hinduja Organizations: Raffles, Downing, Fiona Harris Communications, CNBC Travel, Sir Stamford Raffles, Hinduja, Ministry of Defense, British Army, Architects, British Secret Service, CNBC, Suite, Liberty, Michelin, Raffles London, Guards, London Sling, Argentine Michelin, Ministry, Hyde Park, Royal British Legion, British Armed Forces Locations: Whitehall, London, Raffles London, British, Singapore, India, Argentine, U.S, China, Granville, Hyde, Rosewood, Claridge's, The Emory

The statement gave no details of options being discussed if the Hamas militant group is ousted from Gaza as the result of an ongoing Israeli bombardment of the Palestinian enclave. Israel has so far been vague about its long-term plans for Gaza. Diplomats in Washington, the United Nations, the Middle East and beyond have also started weighing the options. The statement will present the G7's "united stance" on the Middle East situation, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Wednesday. The G7 group of wealthy, industrialised nations is made up of Britain, Canada, France, Germany, Italy, Japan and the United States, with the European Union also participating in the talks.

Persons: Josep Borrell, James, Annalena Baerbock, Antony Blinken, Yoko Kamikawa, Benjamin Netanyahu, Israel, Eli Cohen, Hirokazu Matsuno, Netanyahu, John Geddie, Sakura Murakami, Satoshi Sugiyama, Lincoln, Gerry Doyle Organizations: European Union for Foreign Affairs, German, Foreign, Group, Wall Street Journal, Union, Gaza, Diplomats, United Nations, Reuters, European Union, Thomson Locations: British, U.S, TOKYO, Gaza, Tokyo, Japan, Israel, Ukraine, China, Washington, Palestinian, United States, Britain, Canada, France, Germany, Italy

☆ King Charles III, Climate Advocate, Faces Speech at Odds With His Beliefs
▼ + stars: | 2023-11-07 | by ( Stephen Castle | More About Stephen Castle | ) www.nytimes.com time to read: +1 min

King Charles III will open a session of Parliament on Tuesday for the first time as monarch, outlining the British government’s legislative priorities as part of a tradition-steeped ceremony that will test his skill at displaying the political neutrality for which his mother, Queen Elizabeth II, was famous. Among those are Mr. Sunak’s plan to exploit more of Britain’s oil and gas reserves in the North Sea. Although the Conservative government argues that it will still meet its net zero targets for 2050, the decision to license more fossil fuel extraction has angered campaigners against climate change — a cause close to the king’s heart for decades. King Charles made his first major speech about the environment in 1970, at the age of just 21, and in recent years has been an increasingly vocal advocate for climate action. In a speech in France in September, he urged the world to “strive together to protect the world from our most existential challenge of all: that of global warming, climate change and the catastrophic destruction of nature.”

Persons: King Charles III, Queen Elizabeth II, Rishi Sunak, King Charles, Sunak’s Organizations: Conservative Locations: North, France

☆ The laws British PM Sunak wants to pass before the next election
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +5 min

The King's Speech - given by the monarch but written by government ministers - opens the new session of parliament. This is likely to be the last one before the election, which must be held by January 2025, and many policies were aimed at appealing to voters. CIGARETTES AND VAPESThe Tobacco and Vapes Bill will deliver on Sunak's promise made last month to phase out all tobacco sales in England. SOCCER REGULATORThe government plans to set up an independent football regulator, who will be responsible for scrutinising club owners and their financial resources. The new legislation will require owners to ensure fans are consulted on changes to club's badges, names and shirt colours.

Persons: Rishi Sunak, Keir Starmer, Hannah McKay, King Charles, Bill, Andrew MacAskill, Alistair Smout, Elizabeth Piper, Alex Richardson, Barbara Lewis Organizations: British, Labour Party, REUTERS, Conservatives, Petroleum, Markets, Competition, Consumers, SOCCER, Super League, Trans, Pacific, Thomson Locations: London, Britain, England, North, Freehold, Wales, Pacific, Australia, Japan

☆ High bond yields challenge “Pax Americana”
▼ + stars: | 2023-11-06 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

There are also many reasons why “Pax Americana” – the period of U.S. dominance since World War Two - is under stress. The combination of high bond yields with a large fiscal deficit and rising sovereign debt is making it harder for politicians to govern the country. If anything, they may have a tougher job to make their fiscal maths add up than the United States because their growth prospects are not as rosy. What’s more, the near-record yield gap with the United States is bringing its own headaches by putting downward pressure on the yuan. These are consolations for the United States as it grapples with the geopolitical consequences of high interest rates.

Persons: Joe Biden, Kevin Lamarque, Joe Biden’s, doesn’t, Liz Truss, haven’t, Paul Tucker, “, Fitch, Peter Thal Larsen, Thomas Shum Organizations: Air Force, Joint Base Andrews, REUTERS, Reuters, Federal Reserve, International Monetary Fund, Bank of England, AAA, AA, United, Bank for International, Initiative, Thomson Locations: Lewiston , Maine, Joint Base Andrews , Maryland, U.S, Israel, Ukraine, China, United States, Europe, Asia, Russia, Britain, Washington, Republic

☆ Five killed as floods hit Italy's Tuscany region
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

[1/5] An aerial view shows flooding following heavy rains in Prato, Tuscany, Italy November 3, 2023, in this screen grab taken from a handout video. However, Giani said the death toll had risen to five after rain swept away cars and forced people to evacuate the lower floors of buildings. The government was expected to declare a state of emergency which would allow the rapid release of help for Tuscany. The governor of Tuscany said there were challenging issues around two large rivers in the area, the Bisenzio, north of Florence, and the Ombrone, in the southern part of the region. Another person was missing in the northeastern Veneto region, the local governor was quoted as saying by Sky TG24.

Persons: Storm Ciaran, Eugenio Giani, Giani, Luigi D'Angelo, Giorgia Meloni, Sky, Ciaran, Giulia Segreti, Federico Maccioni, Keith Weir, Sonali Paul, Mark Heinrich Our Organizations: Fire Brigade, REUTERS Acquire, Rights, Civil, Sky, Thomson Locations: Prato , Tuscany, Italy, Rights FLORENCE, Italian, Tuscany, Europe, Florence, Pistoia, Rosignano, Montemurlo, Veneto, Northern Ireland, Britain, Belgium, Netherlands, France

☆ Opinion | Two Ways of Looking at the West’s Population Dilemma
▼ + stars: | 2023-11-03 | by ( Ross Douthat | ) www.nytimes.com time to read: +11 min

That means the dilemma of the 21st century isn’t how Earth will feed an ever-growing population, but how the world will deal with a potential mass rebalancing of population via migration, an altered wealth-and-people equilibrium, in a world where technology is making the movement of peoples easier than ever. Clearly, the richest countries will be able to replenish their populations with immigration across the 21st century — if they choose. (A 25 percent ratio means there are four workers for every retiree; a 50 percent ratio, just two.) I don’t think you need to be especially pessimistic to regard that kind of transformation as incompatible with stable democratic governance. It’s among the reasons you already have the rightward shift in European politics and why immigration restriction will be a winning issue for the foreseeable future in many European countries.

Persons: Declan Walsh, Africa’s “, Hannah Reyes Morales, Walsh, it’s, Paul Morland, Philip Pilkington, —, hasn’t, don’t, ’, Morland, Pilkington, Biden, Trump, “, Gilbert Meilaender, Blake Smith, Yuan Yi Zhu, Valerie Stivers, Tim Miller, John Gallagher, — Sarah Neville Organizations: Financial Times Locations: Israel, Gaza, Europe, Africa, East Asia, Latin America, Italy, Spain, Bulgaria, Romania, Germany, Sweden, Nigeria, Morocco, Americas, America, United States, Palestine, Denmark, Britain, South Korea, Japan, Asia, Poland, ”, London, North America

☆ ‘Treason,’ the Musical Where the Fans Came First
▼ + stars: | 2023-11-02 | by ( Holly Williams | ) www.nytimes.com time to read: +1 min

The catchy, folk-tinged numbers from “Treason the Musical” have been streamed online over a million times, in 96 countries. Its fans — known as “Plotters” — have been listening to an EP, an acoustic record and a live album of the songs, as well as sharing their own performances on TikTok. Unlike “Beetlejuice,” “Heathers” or “Dear Evan Hansen,” which all parlayed onstage popularity into huge digital followings, “Treason” is turning the formula for musical success around. Its producers cultivated an online fandom for three years before raising the curtain on the show, and are now banking on those fans buying theater tickets, too. “Treason” is currently on a 27-show tour of Britain that culminates in two performances at London’s largest theater, the 2,286-seater Palladium, on Nov. 21-22.

Persons: ”, “, Evan Hansen, Ricky Allan, King James I, — Locations: Britain, London

☆ Storm Ciaran kills six, lashes Europe with strong winds and rain
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +3 min

A truck driver was killed when a tree fell on him in France while a second death was reported in Le Havre, according to authorities. [1/7]A surfer tries to navigate through rough sea during Storm Ciaran, in Tramore, Ireland, November 2, 2023. REUTERS/Clodagh Kilcoyne Acquire Licensing RightsFrench Interior Minister Gerald Darmanin told reporters that in addition to the death of truck driver, 15 people, including seven firefighters, had been injured. Still, the storm in France showed some signs of abating with the Meteo France weather service reducing its alert for strong winds in Mache, Finistere and Cotes d'Armor from red to orange. La Pinilla, a ski resort north of Madrid, and Estaca de Bares in Galicia registered wind velocities of more than 150 kph, AEMET said.

Persons: Storm Ciaran, Storm Babet, Clodagh, Gerald Darmanin, Darmanin, AENA, AEMET, Kate Holton, Dominique Vidalon, Farouq Suleiman, Bart Meijer, Charlotte Van Campenhout, Emma Pinedo, Charlie Devereux, Angus MacSwan, Gareth Jones, Lisa Shumaker Organizations: Amsterdam PARIS, REUTERS, French, Cotes d'Armor, Dutch Airline KLM, Inti Landauro, Thomson Locations: France, Spain, Belgium, Netherlands, Jersey, Amsterdam, BRUSSELS, Europe, Le Havre, Madrid, Belgian, Ghent, Finistere, Brittany, Storm, Northern Ireland, Britain, Tramore, Ireland, Roubaix, Brest, Cotes, Paris, Galicia, Cantabria, Bares, London

[1/5] Actor Nadjma Abshir, 29 year old, performs a scene from the play ‘Desperate Times’, a sell-out comedy presentation by the Somali women's theatre company ‘Side eYe Productions’, at the Rich Mix arts centre in London, Britain, October 25, 2023. Artistic director Hannah Abdule, a civil servant, co-founded Side eYe Productions in 2019 to create opportunities she felt were denied to people like her. As part of its inclusive mission, Side eYe aims to give opportunities to Somali women with little theatrical experience. "Our parents had more of a mentality of survival and that is getting traditional jobs in sciences, teaching," Abshir said. "We've done what we've needed to do and are looking at the things that truly interest us."

Persons: Nadjma Abshir, Hannah McKay, Hannah Abdule, Sabrina Ali, tangles, Amal Abdi, Abshir, Barbara Lewis, Emelia Sithole Organizations: Somali women's, Rich Mix, REUTERS, Edinburgh Fringe, Somali, Somali Arts and Culture, Thomson Locations: Somali, London, Britain, England, Sheffield, Bristol

AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. Britain's technology minister Michelle Donelan said "the right people with the right expertise" would be around the table to discuss how to mitigate the risks of AI. China will be a key participant, given the country's role in developing AI technology, although questions have been raised by some lawmakers in Britain about its presence. The U.S. ambassador to Britain, Jane Hartley, said the AI conversation should be global, but added that the invitation to China had come from London. Reporting by Paul Sandle and Martin Coulter Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Rishi Sunak, Sam Altman, Sceptics, Kamala Harris, Ursula von der Leyen, Antonio Guterres, Michelle Donelan, Jane Hartley, Francois, Philippe Champagne, Paul Sandle, Martin Coulter, Mark Potter Organizations: REUTERS, Safety, European Union, Elon, Bletchley, European, U.S, United Nations, Reuters, Thomson Locations: Britain, United States, China, European Union, U.S, London

[1/2] Former Bombe operator Jean Valentine touches a British Turing Bombe machine in Bletchley Park Museum in Bletchley, central England, September 6, 2006. - Bletchley Park was the site where the world's first programmable digital computer Colossus was developed by British codebreakers. - Notable Bletchley Park codebreakers include mathematician Alan Turing who played a key role in cracking the Enigma code and is often considered the 'father of computer science'. The unit, called the Government Code and Cypher School (GC&CS), moved to Bletchley Park in 1938. - Bletchley Park staff began to disperse after Victory in Europe Day (VE Day) and Victory over Japan Day (VJ Day) with some continuing to work with GC&CS while many others went back to civilian life.

Persons: Jean Valentine, Alessia, Alan Turing, Turing, Irving John, Jack, Good, Donald Michie, Farouq Suleiman, William Maclean Organizations: Bletchley Park Museum, REUTERS, Bletchley, Bletchley Park, Cypher, CS, Victory, Japan, GC, Government Communications Headquarters, MI5, Secret Intelligence Service, Thomson Locations: Bletchley, England, Britain, Milton Keynes, London, British, Europe, Victory

Nairobi, Kenya CNN —When King Charles III touched down for his four-day state visit in Kenya, it seemed inevitable the new monarch would have to grapple with Britain’s legacy of colonialism. But it was also that same year that Mau Mau freedom fighters – originating from the country’s largest ethnic Kikuyu tribe – rebelled against British colonialists. Mau Mau rebels held in a prison camp in Kenya in 1952. The King, accompanied by President William Ruto, receives a guided tour of a new museum dedicated to Kenya's history on Tuesday. The wounds and trauma inflicted during that dark period are still prevalent today, according to Evelyn Wanjugu Kimathi, the daughter of one of the leaders of the Mau Mau uprising, Dedan Kimathi.

Persons: King Charles III, Prince William, Charles, William Ruto, ”, ” King Charles, Queen Camilla, Rachel Ruto, Chris Jackson, ” Charles, It’s, Prince of, Kate Middleton, –, Mau Mau, contrition, Ruto, Ian Vogler, ” Ruto, Evelyn Wanjugu Kimathi, Dedan, Kimathi, “, we’ll, Victoria Jones, King Charles, Buckingham Organizations: CNN’s Royal, Kenya CNN, Caribbean, Kenyan, Kenyans ”, Getty, British, Kenyan Human Rights, Hulton, Uhuru, CNN, Commonwealth Locations: Nairobi, Kenya, Buckingham, Britain, Commonwealth, Prince of Wales, Mau, Stroud, ”, British

☆ Israel Is in Crisis. These Authors See Reason for Hope.
▼ + stars: | 2023-11-01 | by ( Ethan Bronner | ) www.nytimes.com time to read: +2 min

The citizens’ faith in their political leader, a prime minister charged with bribery and fraud, was plummeting even before the attack. The answer: a mix of risk-taking newcomers and the culture of innovation fostered among young Israelis by their mandatory military service. “Israel has been exposed to constant trauma,” the authors write, and yet the country has some of the lowest rates of alcohol abuse, opioid death and suicide in the world. Israel’s citizens also consistently rank among the happiest on the planet. They have long lives and produce, far and away, the most children per family of any rich country.

Persons: Dan Senor, Saul Singer, Israel, Singer, Israel’s, “ Organizations: Jerusalem, “, Nasdaq Locations: United States, Britain, France, Japan, “ Israel, Canada

☆ Does a 2-State Solution, Long Discounted, Still Have a Future?
▼ + stars: | 2023-11-01 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: +1 min

“There has to be a vision of what comes next,” President Biden said last week of the war between Israel and Hamas. “In our view, it has to be a two-state solution.” The surest path to peace, said Prime Minister Rishi Sunak of Britain, is a two-state solution, a sentiment echoed by President Emmanuel Macron of France. And yet, the two-state solution — Israelis and Palestinians living side-by-side in their own sovereign countries — is getting a new hearing, not just in foreign-policy circles in Washington, London and Paris but also, more quietly, among the combatants themselves. “If America engages in what President Biden has stated he would commit to, there is a chance,” he said. “There is a chance for negotiations that could provide a step-by-step process to two distinct states.”

Persons: ”, Biden, “, Rishi Sunak, Emmanuel Macron, Obama, Gilead Sher Organizations: Hamas Locations: Israel, Britain, France, Washington , London, Paris, “

☆ Two More Arrests Made Over Destruction of Sycamore Gap Tree
▼ + stars: | 2023-11-01 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com time to read: +1 min

Two men in their 30s were arrested and released on bail on Tuesday in connection with the felling of the Sycamore Gap tree, the latest development in the investigation into who chopped down one of Britain’s most photographed trees, which had stood for two centuries in a dip in Hadrian’s Wall. The two additional arrests brought the total number of suspects to four, according to the Northumbria Police. A 16-year-old boy and a farmer in his 60s, arrested in September, were also out on bail. The Sycamore Gap tree, about 100 miles southeast of Edinburgh, was cut down overnight between Sept. 27 and 28, during a storm with 60-mile-an-hour winds in what the police described as “a deliberate act of vandalism.” Reports of the destruction of the tree, which was featured in the 1991 film “Robin Hood: Prince of Thieves,” led to an outpouring of emotion, both by those in England’s northeast and by international tourists.

Persons: Robin Hood :, ” Organizations: Northumbria Police Locations: Wall, Northumbria, Edinburgh

☆ Britain to invest 300 million pounds in AI supercomputing
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

British Prime Minister Rishi Sunak delivers a speech on AI at Royal Society, Carlton House Terrace on October 26, 2023 in London, England. Funding for the "AI Research Resource" will be increased to 300 million pounds ($363.57 million) from a previously announced 100 million pounds, the government said at an AI safety summit aimed at charting a safe way forward for the rapidly evolving technology. "Frontier AI models are becoming exponentially more powerful," British Prime Minister Rishi Sunak said on social media platform X. "This investment will make sure Britain’s scientific talent have the tools they need to make the most advanced models of AI safe." The machines, which will be running from summer next year, will be used to analyse advanced AI models to test safety features, as well as to drive breakthroughs in drug discovery and clean energy, the government said.

Persons: Rishi Sunak, Peter Nicholls, Bristol's, Kylie MacLellan, Kirsten Donovan Organizations: British, Royal Society, Carlton, Terrace, REUTERS, Nvidia, Hewlett Packard Enterprise, Dell, SME, Thomson Locations: London, England, Britain, Cambridge, Bristol

☆ Elon Musk is in the UK for a pivotal summit on AI — here's who's going
▼ + stars: | 2023-11-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Here's who's goingMajor names in the technology and political world will be there. They range from Tesla CEO Elon Musk, whose private jet landed in the U.K. late Tuesday, to U.S. Vice President Kamala Harris. What the summit seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The summit is squarely focused on so-called "frontier AI" models — in other words, the advanced large language models, or LLMs, like those developed by companies such as OpenAI, Anthropic, and Cohere. Loss of control risks refer to a situation in which the AI that humans create could be turned against them.

Persons: Elon Musk, Mandel Ngan, Rishi Sunak's, ChatGPT, Here's who's, Kamala Harris, Musk, Elon, Brad Smith, Demis, Yann LeCun, Global Affairs Nick Clegg, Adam Selipsky, Sam Altman, Dario, Jensen Huang, Rene Haas, Dario Gil Darktrace, Poppy Gustaffson Databricks, Ali Ghodsi, Marc Benioff, Cheun Kyung, Alex Karp, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, Will Organizations: Senate, Intelligence, U.S, Capitol, Washington , D.C, Afp, Getty, Bletchley, Microsoft, Tesla, CNBC, Global Affairs, Web, Rene Haas IBM, Marc Benioff Samsung, Technology, South, Sony, Joe Biden Canadian Locations: U.S, Washington ,, China, U.K, South Korean, Chesnot

☆ UK Labour's Starmer seeks to reunite party over Israel/Hamas conflict
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

Kier Starmer, leader of Britain's Labour Party, speaks as he attends a by-election victory event for Sarah Edwards, newly elected MP for Tamworth, at Tamworth football stadium, Tamworth in central Britain, October 20, 2023. In a hastily arranged speech, Starmer was keen to restore unity to the party after senior figures, such as its London and Manchester mayors and the Scottish Labour leader, called for a ceasefire to ease Gaza's growing humanitarian crisis. He said what was needed now was an immediate pause to allow aid to be delivered and for people to seek safety, but that nations should be pushing for a resumption of peace and renewed talks for a two-state solution. "My Labour Party will fight for that cause, we will work with international partners towards the recognition of a Palestinian state as part of a negotiated just and lasting peace," he said. Reporting by Elizabeth Piper; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Kier Starmer, Sarah Edwards, Toby Melville, Keir Starmer, Starmer, Jeremy Corbyn, Elizabeth Piper, Kirsten Donovan Organizations: Britain's Labour Party, Tamworth, REUTERS, British Labour, Palestinian, Labour, Chatham House, Scottish Labour, Labour Party, Thomson Locations: Tamworth, Britain, Israel, Gaza, London, Manchester

NAIROBI, Kenya (AP) — King Charles III has expressed “greatest sorrow and the deepest regret” for the “abhorrent and unjustifiable acts of violence” committed against Kenyans as they sought independence, during a speech on his first day of a four-day visit. The king and Queen Camilla touched down in the capital, Nairobi, late Monday. Another group of protesters briefly chanted anti-British songs and threw roses at the foot of a monument to Mau Mau veteran Dedan Kimathi in Nairobi's central business district on Tuesday. “Just because the king is in Kenya, police have denied us our constitutional right to protest peacefully,” Juliet Wanjira, one of the organizers, said. During his visit, Britain announced 4.5 million pounds ($5.5 million) in new funding to support education reforms in Kenya.

Persons: — King Charles III, ”, explicity, Charles, William Ruto, Ruto, ” Ruto, Buckingham, Kenya's, that's, Charles ’, Queen Elizabeth II, Queen Camilla, Koigi Wamwere, ” Salim David Nganga, Joel Kimutai Kimetto, “, Kelvin Kubai, Dedan Kimathi, ” Juliet Wanjira, Wanjira Mathai, Wangari Maathai, Prince Philip Organizations: Kenyans, Kenyan, AP, British, Britain, Commonwealth, Aberdare National Locations: NAIROBI, Kenya, Britain, Commonwealth, East, Nairobi, Mau Mau, Nairobi's, Africa, South Africa

☆ Odey Asset Management to close, website statement reads
▼ + stars: | 2023-10-31 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

Hedge fund manager Crispin Odey uses his phone outside of Hendon Magistrates' Court whilst facing one charge of indecent assault, in Hendon, London, Britain February 17, 2021. REUTERS/Toby Melville/ File Photo Acquire Licensing RightsLONDON, Oct 31 (Reuters) - Odey Asset Management, one of Britain's best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six months after its founder faced fresh allegations of misconduct. Crispin Odey, 64, was ousted in June from Odey Asset Management (OAM), which he founded in 1991, after the Financial Times and Tortoise Media reported that 13 women had alleged that he had sexually assaulted or harassed them. Where each fund manager would move, or if their fund was closed without finding an alternative home, was detailed on the hedge fund's website. No new fund manager for Sophia Whitbread, the only female portfolio manager listed, was named.

Persons: Crispin Odey, Toby Melville, Odey, James Hanbury, Jamie Grimston, Oliver Kelton, Freddie Neave, Geoffrey Marson, Canaccord Genuity, Adrian Courtenay, Green, Sophia Whitbread, Peter Martin, Nell Mackenzie, Alun John, Mark Potter Organizations: Hendon Magistrates, REUTERS, Odey, Management, Odey Asset Management, Financial Times, Tortoise Media, Asset Management, Lancaster Investment Management, Reuters, Inc, Bainbridge Partners, Thomson Locations: Hendon, Hendon , London, Britain, S.W, Mitchell

The special purpose acquisition company (SPAC) unveiled plans earlier this year to combine with London Innovation Underwriters and raise additional funds to deploy in the Lloyd's of London insurance market. The deal by Financials Acquisition Corp differs from a typical SPAC merger because the company has set up London Innovation Underwriters itself. It is not the first time that public market investors in London have backed a new insurance venture. In 2020, Conduit Holdings (CRE.L) listed on the London Stock Exchange, subsequently starting reinsurance activities. UBS and HSBC are joint global coordinators to the Financials Acquisition deal.

Persons: Britain's King Charles, Sarah Meyssonnier, William Allen, Lloyd's, Beazley, Carolyn Cohn, Pablo Mayo Cerqueiro, Anousha Organizations: City of, REUTERS, Financials, London Innovation Underwriters, Lloyds, Innovation Underwriters, Conduit Holdings, London Stock Exchange, UBS, HSBC, Thomson Locations: City, City of London, Britain, London, Lancashire, Lloyd's

Search resuls for: "of Britain"

25 mentions found