This little puppy won’t share his food
This little puppy won’t share his food
When Prince Philip’s funeral takes place on Saturday, it will be more than a focal point for national mourning. Many will also be watching for any signs of reconciliation between Prince Harry and the royal family, especially with his elder brother Prince William. It will be the first time that Harry comes face-to-face with the royal family since he and his wife Meghan, the Duchess of Sussex, stepped away from royal duties last March and moved to California with their young son, Archie.
Johnny Gaudreau scored 36 seconds into overtime to give the visiting Calgary Flames a 3-2 victory over the Toronto Maple Leafs on Tuesday. Following a 1-8-0 stretch, the Flames have now won consecutive games. Gaudreau and Elias Lindholm each had a goal and an assist for Calgary.
Electrolux results for the first quarter of 2021 will be published on April 28, 2021, at approximately 08.00 CET.
Unlike a polluted river or overflowing landfill, carbon footprints are a contributor to climate change that's hard to see. But while they might not be as visible as the footprints they're named for, they do leave a significant mark: according to the Nature Conservancy, "The average carbon footprint for a person in the United States is 16 tons, one of the highest rates in the world."
As Italy entered a new coronavirus lockdown and shut shops in March, Genoa-based jeweller Gismondi 1754 turned to messaging service WhatsApp to sell a 300,000 euro diamond ring to a wealthy Swiss client. At the same time, sales assistants at luxury puffer jacket brand Moncler were arranging gourmet dinner deliveries to customers homes so they could dine in style while watching a video streaming of the brand's latest collection. The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe and keep them shopping at a time when tourists, especially from China, have been absent for more than a year.
Harry Kane and Cristiano Ronaldo are making transfer gossip headlines today.
An FBI operation accessed Microsoft Exchange Servers remotely, causing hacker-installed web shells to delete themselves.
An aggressive Israeli settlement spree of over 9,000 homes during the Trump era pushed deeper into the occupied West Bank than ever before, according to an AP investigation. The trend puts the Biden administration in a tough bind if it follows through on pledges to revive peace efforts between Israel and the Palestinians. Satellite images and data obtained by The Associated Press document for the first time the full impact of the policies of then-President Donald Trump, who abandoned decades-long U.S. opposition to the settlements and proposed a Mideast plan that would have allowed Israel to keep them all — even those deep inside the West Bank.
(Bloomberg) -- The collapse of Archegos Capital Management LP, an investment firm that few even on Wall Street had heard of until it imploded last month, is changing a lucrative, decades-old part of global banking.Nomura Holdings Inc. and Credit Suisse Group AG, the two lenders hit hardest, have started to curb financing in the business with hedge funds and family offices. European regulators are looking at risks banks are taking when lending to such clients, while in the U.S., authorities started a preliminary probe into the debacle.Together, steps taken from Washington to Zurich and Tokyo could portend some of the biggest changes since the financial crisis to a cornerstone of global banking known as prime brokerage. Typically housed in the equities units of large investment banks, these businesses lend cash and securities to the funds and execute their trades, and the relationships can be vital for investment banks.But the collapse of Archegos, the family office of former hedge fund trader Bill Hwang, has underscored the risks banks are taking with these clients, even when their loans are secured by collateral. Credit Suisse has been the worst-hit so far, taking a $4.7 billion writedown in the first quarter.The lender, one of the biggest prime brokers among European banks, is now weighing significant cuts to its prime brokerage arm in coming months, people familiar with the plan have said.It has already been calling clients to change margin requirements in swap agreements -- the derivatives Hwang used for his bets -- so they match the more restrictive terms of other prime-brokerage contracts, people with direct knowledge of the matter said. Specifically, the bank is shifting from static margining to dynamic margining, which may force clients to post more collateral and could reduce the profitability of some trades.$2 Billion LossNomura, which is facing an estimated $2 billion from the Archegos fiasco, followed suit, with restrictions including tightening leverage for some clients who were previously granted exceptions to margin financing limits, Bloomberg reported on Tuesday. The restrictions are said to be part of a wider review of the company’s prime brokerage that may lead to a scaling back of the business. Japan’s biggest brokerage is examining the cause of the possible losses though it’s too early to say how it might impact earnings, an executive at the firm said in March, asking not to be identified. A representative for the Tokyo-based firm declined to commentHwang’s family office built positions in at least nine stocks that were big enough to rank him among the largest holders, fueled by bank leverage that would have been unusual even for a hedge fund. Archegos was able to place outsize wagers using derivatives and, as a private firm, avoid the disclosures required of most investors. Almost invisibly, he accumulated a portfolio that some people familiar with his accounts estimate at as much as $100 billion.While Hwang’s financiers had clues about what Archegos was doing and the trades they had financed, they couldn’t see that he was taking parallel positions at multiple firms, piling more leverage onto the same few stocks, according to people familiar with the matter.In the U.S., regulators are already privately dropping hints of new rules to come. Securities and Exchange Commission officials have signaled to banks that they intend to make trading disclosures from hedge funds a higher priority, while also finding ways to address risk and leverage.“Hopefully this will cause the prime brokerages of regulated banking organizations (and their supervisors) to re-assess their relationships with highly leveraged hedge funds,” Sheila Bair, a former chairman of the Federal Deposit Insurance Corp., wrote on Twitter.In Europe, the top banking regulator has asked some of the bloc’s largest banks for additional information on their exposure to hedge funds, people familiar with the matter said. While the checks by the European Central Bank on lenders such as Deutsche Bank AG and BNP Paribas SA are standard practice after such a disruptive event, they underscore regulators’ concern, even as most euro-region banks skirted big losses.“There is a need to scrutinize the reasons why the banks enabled the fund to leverage up to such an extent,” ECB executive board member Isabel Schnabel said in an interview with Der Spiegel last week. “It is a warning signal that there are considerable systemic risks that need to be better regulated.”(Updates with more Nomura details in seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Two-time Super Bowl winner LeSean McCoy joins The Rush to talk about teaming up with Patrick Mahomes, Tom Brady and playing in front of the NFL’s wildest fans. He also debates the worthiness of Hall of Fame candidates and speaks out on recent social justice issues.
US envoy John Kerry will hold talks in Shanghai ahead of a climate summit hosted by President Biden.
GN Audio upgrades 2021 financial guidance following an extraordinarily strong start to 2021GN Hearing confirms 2021 financial guidanceGN Store Nord upgrades 2021 EPS guidance Pre-release of preliminary key figures for Q1 2021: DKKmGN HearingGN AudioOtherGN Store NordRevenue1,2342,876 4,110Organic revenue growth1%82% 46%EBITA98714-59753EBITA margin7.9%24.8% 18.3% Update of financial guidance for 2021Based on the preliminary Q1 results, GN Audio upgrades the organic revenue growth guidance for 2021 and consequently GN Store Nord upgrades the EPS guidance for 2021. GN Hearing confirms the 2021 financial guidance. “Other” financial guidance is unchanged. For the full year 2021, GN Audio upgrades the financial guidance communicated on February 11, 2021 from an organic revenue growth of more than 20% to more than 25% and confirms an EBITA margin of more than 21%. GN Audio expects to continue to deliver solid growth in the remaining quarters of 2021, on top of the significant growth delivered in Q2-Q4 2020. For full year 2021, GN Hearing confirms an expected organic revenue growth of more than 25% and an EBITA margin of more than 16%. It is still expected that the EBITA margin in a more normalized market in H2 2021 is recovering to our mid-term targets of more than 20%. No change to the guidance communicated on February 11, 2021. For full year 2021, EBITA in “Other” is expected to be around DKK -185 million. No change to the guidance communicated on February 11, 2021. As a consequence of the upgraded organic revenue growth guidance in GN Audio, GN Store Nord upgrades the financial guidance communicated on February 11, 2021 on growth in EPS from more than 50% to more than 60%. COVID-19 risksDue to the ongoing COVID-19 pandemic – which impacts GN in many ways – it must be stressed that the basic assumptions behind the guidance remain significantly more uncertain than normal. The COVID-19 situation has and will not only strongly impact GN’s operational performance in 2021, but it will also impact predictability and visibility across GN’s markets, channels and supply chain. Recently, certain components have been in global shortage impacting many different industries. GN has commitment from component suppliers to deliver on the upgraded guidance. This is based on an assumption that the GN suppliers will not face unexpected reductions in access to raw materials. The financial guidance is contingent on a gradual reopening of society and no major disruptions in the supply chain. GN Store Nord will, as previously communicated, release its interim Q1 2021 report on May 6, 2021, with further details on the performance in Q1 2021 and will host a teleconference for investors and analysts on the same day. For further information, please contact: Investors and analystsHenriette WennickeVice President – Investor Relations & TreasuryTel: +45 45 75 03 33 Or Rune SandagerDirector – Investor Relations & Treasury Tel: +45 45 75 92 57 Press and the media Lars Otto Andersen-Lange Head of Media Relations & Corporate Public Affairs Tel: +45 45 75 02 55 About GN Group The GN Group enables people to Hear More, Do More and Be More through its intelligent hearing, audio and video collaboration solutions. Inspired by people and driven by our innovation leadership, we leverage technological synergies between our hearing and audio divisions to deliver unique and increasingly individualized user experiences in our products and solutions. 150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 people and is listed on Nasdaq Copenhagen (GN.CO). Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter. Attachment Announcement 10 - GN Store Nord upgrades financial guidance for 2021
InvestHK is reinforcing the global reach of its annual StartmeupHK Festival with the announcement of six virtual StartmeupHK Salons to be held in worldwide locations including North America, South America, Europe, the Middle East, India, ASEAN and the Greater Bay Area, for audiences in those areas who are interested in becoming part of the Hong Kong startup scene. [https://www.startmeup.hk/salons/]
(Bloomberg) -- Toshiba Corp. said Chief Executive Officer Nobuaki Kurumatani will be replaced by Chairman Satoshi Tsunakawa, an abrupt leadership reshuffling that casts doubt on potential buyout offers for the $20 billion Japanese icon.Toshiba said the changes are effective immediately in an announcement Wednesday. The company will soon begin considering successors for Tsunakawa, who returns to the CEO job he held previously, said Osamu Nagayama, chairperson of the board, during a press conference in Tokyo.The decision came as factions within the conglomerate mounted resistance to a potential buyout offer from CVC Capital Partners -- where Kurumatani previously worked. Some executives felt the offer undervalued a storied Japanese corporation that still holds valuable energy and semiconductor assets, according to people familiar with matter, who declined to be identified discussing internal issues. Separately, private equity firm KKR & Co. is exploring a rival offer for Toshiba, Bloomberg News reported.“The optics, combined with the facts that CVC’s bid is now supposedly lower than KKR’s, and that CVC lacks experience with deals of such scale, probably mean it is out of the running,” said Mio Kato, an analyst with LightStream Research who publishes on Smartkarma.Nagayama, the Toshiba board chairperson, said he isn’t sure whether Kurumatani’s resignation will affect talks with CVC because the offer is “very preliminary and not formal.” He noted CVC voiced support for current management while Kurumatani was in charge. The company’s shares rallied after news of KKR’s possible bid, but then pared those gains to close 5.8% higher.Kurumatani suffered a sharp drop in support among the company’s executives and other staff. Employees who have confidence in the CEO fell to less than 60% in an internal January poll, down from more than 90% last year, Bloomberg News reported this week. More than 20% expressed a lack of confidence in his leadership, up from less than 5% previously.The survey results prompted Toshiba to conduct detailed interviews with a narrower group of about 30 top executives and more than half of them expressed a lack of confidence in Kurumatani.“Kurumatani’s resignation settles some issues, gives the new CEO some breathing room and the benefit of the doubt as long as he makes the right noises,” said Travis Lundy, an independent analyst who publishes on Smartkarma. “It will improve morale slightly internally as well. But the issues that have caused problems with shareholders are also at the board level.”The loss of confidence in Kurumatani was due in part to his decision to stick with three-year targets set in 2018, one of the people said. Many executives thought those goals were no longer realistic because of the Covid-19 pandemic and feared pressure to meet them resembled the rigid attitude of his predecessors, which led to an accounting scandal, the person said.In the press conference Wednesday, Nagayama said the CEO was leaving because the company had made its return to the first section of the Tokyo Stock Exchange.“Kurumatani offered his resignation as he feels his job to rehabilitate Toshiba is done with the return to the TSE’s first section,” Nagayama said. “We appreciate his efforts.”He said Kurumatani chose not to attend the press conference. The departing CEO did leave a letter, which a Toshiba spokesman read aloud.Kurumatani faced opposition outside the company too. He held on to his position by a slim margin last year, when only 57.2% of Toshiba shareholders approved of keeping him in the job. Questioning the transparency and process of that vote, Toshiba’s largest investor Effissimo Capital Management has requested an independent investigation, which was green-lit at an extraordinary shareholder meeting in March.KKR is weighing a bid that would be likely to value Toshiba above the $21 billion buyout proposal that it’s already received from CVC, said one person familiar with the matter, who asked not to be identified as the details aren’t public. Canadian investment giant Brookfield Asset Management Inc. is also in the preliminary stages of exploring an offer for the company, including how such a bid might be structured, a separate person with knowledge of the matter said.The deliberations are at an early stage, no final decisions have been made, and the discussions may not lead to firm offers, the people said.Tsunakawa, the returning CEO, spent time during the press conference Wednesday offering reassurances that Toshiba would remain a strong Japanese company and invest in research and development. His comments appeared aimed at reassuring employees and business partners in the wake of the CVC offer.He also discussed Toshiba’s stake in Kioxia Holdings Corp., the memory chip business in which Toshiba sold off a majority stake. Tsunakawa said Toshiba would not sell its remaining holdings to a foreign semiconductor firm and that he anticipates the company will go public. The Wall Street Journal reported that Micron Technology Inc. and Western Digital Corp. are each exploring a potential deal for Kioxia.“We remain committed to provide our support to Kioxia’s IPO, and our stance on selling our holdings is unchanged,” he said.(Updates with chairperson’s comments from the fifth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset. The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had valued the company at around $68 billion this year, versus $5.8 billion in September. It represents the latest breakthrough for acceptance of cryptocurrencies, an asset class that only a few years ago had been shunned by mainstream finance, according to interviews with investors, analysts and executives.
SAN FRANCISCO, April 14, 2021 (GLOBE NEWSWIRE) -- Meltwater B.V., a leading global SaaS provider of media intelligence and social analytics, has entered into an agreement to acquire Klear, an Israeli SaaS company and a market leader in the fast-growing influencer marketing space. For the full year 2020, Klear reached revenues of $7.6 million. Excluding earn-out, Meltwater has agreed to purchase Klear for a price of 1.4 times 2020 revenue settled in cash at closing. The transaction is expected to close on or around April 14th, 2021. “The rise of the influencer marketing space - today a 10 billion-dollar industry growing 50 percent per year - is one of the clearest examples of how social media is transforming traditional marketing,” says Meltwater CEO John Box. He continues: “Back in 2017, Meltwater partnered with Klear after doing a global search for the best product in this space. Together we have successfully won clients such as Nestlé, Walmart, OGILVY, Audi, H&M, BMW and Bvlgari. We can now fully combine Klear’s industry leading product with Meltwater’s global customer reach and create a formidable player to shape the future of the social influencer marketing space.” “At Klear, we use algorithms and artificial intelligence to help customers identify relevant influencers, manage influencer relationships, and measure the impact of those relationships - something that Meltwater has done for traditional media relations for many years. As the lines between media relations and influencer marketing continue to blur, and as a result of our successful partnership over the last four years, it makes perfect sense that we are formally joining forces,” says Eytan Avigdor, CEO of Klear. Klear was founded in 2012 by three brothers Eytan, Noam and Guy Avigdor and is currently present in the US and the UK in addition to the headquarters in Israel. Klear’s solutions can be integrated with contracting and payment solutions, along with ecommerce integrations with the likes of Shopify, allowing customers to manage their influencer marketing spend and see exactly how much revenue those influencers are driving for their brand, all in one place. The Klear acquisition will be Meltwater’s second acquisition since the company was listed on Euronext Growth Oslo in December 2020 and its tenth since 2016. The acquisition is part of Meltwater’s growth strategy, which involves investments and acquisitions in the social media segment. In March, Meltwater entered into an agreement under which it is committed to acquire Linkfluence, a company who uses artificial intelligence to extract consumer insights from social media. “With these two acquisitions, we open up two new markets worth $73 and $10 billion respectively. With our global presence and strong customer relationships, we expect to become a leader within both market research and influencer marketing. By integrating Klear functionality into the Meltwater product, we will have a truly unique offering in the market. Our social suite will provide social listening and analytics, social management and influencer marketing in one integrated product. This will also be the only product on the market that allows customers to conduct, execute and measure the effectiveness of both media relations and influencer relations in the same place,” says John Box. The information contained in this statement has not been audited and may be subject to change. Please see Meltwater Company Disclosures on https://www.meltwater.com/en/about/investor-relations to stay up to date on company news and updates. For further information, please contact:Geir Arne DrangeidInvestor Relations and Media Contact firstname.lastname@example.org About MeltwaterMeltwater provides social and media intelligence. By examining millions of posts each day from social media platforms, blogs and news sites, Meltwater helps companies make better, more informed decisions based on insight from the outside. The company was founded in Oslo, Norway, in 2001 and is headquartered in San Francisco, California, with 50 offices across six continents. The company has 1,700 employees and 28,000 corporate customers, including industry leaders in several sectors. Learn more at meltwater.com. Cautionary Note Regarding Forward-Looking StatementsThis communication may contain certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. Any such forward-looking statements are solely opinions and forecasts reflecting views as of the date set out on the cover of these materials, which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development, including the risk factors set forth in the Information Document prepared by the Company in connection with the Listing, available at https://newsweb.oslobors.no/message/519564 under the heading “Vedlegg”. No liability for such statements, or any obligation to update any such statements or to conform such statements to actual results, is assumed. Furthermore, information about past performance given in this communication is given for illustrative purposes only and should not be relied upon as, and is not, an indication of future performance.
The mass shooter who killed 51 people in New Zealand in 2019 has launched a legal challenge seeking a review of his prison conditions and his status as a "terrorist entity". White supremacist Brenton Tarrant was sentenced in August to jail for life without parole for the murder of 51 people and attempted murder of 40 others at two mosques in Christchurch on 15 March 2019, the worst mass shooting in the country's history. Tarrant, an Australian national, is the only person in New Zealand to be designated the status of terrorist.
A New York court on Tuesday reinstated the pension of former Buffalo police officer Cariol Horne, who was fired for intervening when a white colleague had a Black man in a chokehold during a 2006 arrest.Driving the news: State Supreme Court Judge Dennis Ward noted in his ruling similar cases, like the death of George Floyd. Ward said the role of other officers at the scene in such instances had come under scrutiny, "particularly their complicity in failing to intervene to save the life of a person to whom such unreasonable physical force is being applied."Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeOver a decade of fighting and @CariolHorne has finally received justice.Today the State of New York Supreme Court vacated and annulled the City of Buffalo's decision to fire her and take her benefits. She'll be getting her pension, benefits, and back-pay from 2010. pic.twitter.com/FZy8AAH6CX— Jecorey Arthur (@jecoreyarthur) April 14, 2021 "To her credit, Officer Horne did not merely stand by, but instead sought to intervene, despite the penalty she ultimately paid for doing so ... She saved a life that day, and history will now record her for the hero she is."Judge WardWard partially based his decision to overturn a 2010 ruling that upheld her firing on legislation signed by Buffalo Mayor Byron Brown in October, known as "Cariol's Law" — which makes it a "crime for a law enforcement officer to fail to intervene when another officer is using excessive force and also protects whistleblowers," per the Buffalo News.The big picture: Horne, who is Black, said she heard the handcuffed man say he couldn't breathe — invoking the deaths in police custody of Floyd and Eric Garner, two Black men who uttered this in their dying words, which have become a "national rallying cry against police brutality," the New York Times notes.She said her fellow officer punched her in the face when she tried to stop him. The Buffalo Police Department claimed she had put her fellow officers at risk and she was fired in 2008, per NPR. There was no video of the incident.Of note: The judge ruling in favor of Horne's lawsuit means Horne will receive a full pension, backpay and benefits.What they're saying: Harvard Law School Criminal Justice Institute director Ronald Sullivan, an attorney representing Horne, said in a statement the ruling was "a significant step in correcting an injustice."The team was grateful to the court for acknowledging that "to her credit Officer Horne did not merely stand by, but instead sought to intervene, despite the penalty she ultimately paid for doing so," he added.City of Buffalo spokesperson Michael DeGeorge told 7 Eyewitness News in a statement, "The City has always supported any additional judicial review available to Officer Horne and respects the Court's Decision."Read the decision and judgment in full, via DocumentCloud: More from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
LONDON, UK / ACCESSWIRE / April 14, 2021 / Anglo Pacific Group PLC ('Anglo Pacific', the 'Company' or the 'Group') (LSE:APF)(TSX:APY) is pleased to announce its full year results for the year ended 31 December 2020, consistent with the trading update published on 8 February 2021. The Company has also published its audited 2020 Annual Report and Accounts, which are available on the Group's website at www.
Somalia’s president has defiantly signed into law an extension of his mandate and that of his government as the United States and others threatened sanctions and warned of further instability in one of the world’s most fragile countries. The standoff prolongs a months-long election crisis after the February national vote was delayed. The international community had objected to a mandate extension and warned that the al-Qaida-linked al-Shabab extremist group could take advantage of the country’s heated political divisions.