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Crispin Odey’s Hedge Fund Empire Is Disintegrating Bit by Bit
Crispin Odey’s Hedge Fund Empire Is Disintegrating Bit by Bit
Less than a month on from the latest sexual assault allegations against Crispin Odey, there is little left
2023-07-04 19:45
Meta Loses EU Court Fight Over Antitrust Crackdown on Data
Meta Loses EU Court Fight Over Antitrust Crackdown on Data
Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in
2023-07-04 19:22
Thailand chooses a House speaker as the Move Forward Party tries to secure the prime minister job
Thailand chooses a House speaker as the Move Forward Party tries to secure the prime minister job
Thailand's new government took a step closer to forming with the speaker of the House of Representative chosen Tuesday in what has been an arduous task before the next prime minister is named. The House vote for prime minister is the next major move, expected next week. The leader of the surprise election winner Move Forward Party, 42-year-old businessman Pita Limjaroenrat, has faced strong opposition from conservative lawmakers in his bid to take the job. A successful candidate must have the backing of a combined majority of the elected lawmakers in the Lower House and the military-appointed Senate, which represents the country’s traditional ruling class. Wan Muhamad Noor Matha, the Prachachat Party's veteran leader who is better known as Wan Noor, was the sole nomination for the speakership and was automatically chosen with no house vote required. “I will perform my duty with political neutrality,” Wan Noor gave a speech after the nomination. “I will perform my duty with transparency, honesty, and I will fully comply with the constitution and the rules of the parliament.” The House Speaker position was highly sought after as it could influence the passage of legislation. Move Forward said it needed the post to ensure their progressive policies, often blocked by conservative lawmakers, will pass through. But many members of the populist Phue Thai Party insisted that their party should take the crucial post as it was the second winner of the election. Weeks of tensions between the two parties over the speaker’s post had raised concerns over the unity of their coalition and added to the anxiety Move Forward is facing in forming a government, but the proposals Tuesday went according to a compromise the two parties made the day before. Move Forward and Pheu Thai, the two biggest parties in the coalition, each got a candidate endorsed for the two deputy speaker posts. Several Move Forward supporters expressed their disappointment in the speaker deal, fearing it would be seen as the party backing down, which could undermine their reform agendas. Party leader Pita wrote Tuesday on Facebook that the decision was reached in order to “preserve the unity of the work among parties of the coalition government” and that he fully trusts Wan Noor will serve the post with integrity and for the right causes. The general election in May saw Move Forward and Pheu Thai score a major win over parties in the army-backed ruling government. The victory alarmed the country’s conservative ruling establishment — especially with Move Forward, which they regard as radical and a threat to the monarchy because of modest reforms it had proposed during the election campaign. The election results reflected a public weary of nine years under Prime Minister Prayuth Chan-ocha, who as army commander seized power in a 2014 coup. He was returned as prime minister after the 2019 election. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-07-04 19:17
Ukraine Recap: NATO Chief Extends Tenure as Kyiv Forces Advance
Ukraine Recap: NATO Chief Extends Tenure as Kyiv Forces Advance
NATO extended Secretary General Jens Stoltenberg’s by a year as the military alliance confronts Russia’s invasion, while Ukraine
2023-07-04 18:47
IAEA Says Plan to Discharge Fukushima Wastewater Is Safe
IAEA Says Plan to Discharge Fukushima Wastewater Is Safe
Japan’s plan to release treated wastewater from the Fukushima nuclear disaster site is in line with global safety
2023-07-04 18:20
Lazard Fires Senior Banker for Inappropriate Behavior at Party
Lazard Fires Senior Banker for Inappropriate Behavior at Party
Lazard Ltd. fired a senior dealmaker following allegations of inappropriate behavior during a weekend party, according to people
2023-07-04 17:58
Tesla’s June Deliveries in China Soar as Global Sales Hit Record
Tesla’s June Deliveries in China Soar as Global Sales Hit Record
Tesla Inc.’s deliveries from China in June increased almost 20% from a year earlier, after repeated price cuts
2023-07-04 17:45
HSBC Returns to Private Banking in India to Tap Growing Wealth
HSBC Returns to Private Banking in India to Tap Growing Wealth
HSBC Holdings Plc said it began private banking operations in India, marking a return to the market as
2023-07-04 16:46
Senegal President Rules Out Bid for Third Term; Eurobonds Rally
Senegal President Rules Out Bid for Third Term; Eurobonds Rally
Senegalese President Macky Sall ruled out seeking a third term in next year’s presidential elections, bringing an end
2023-07-04 16:21
Russia-Ukraine news – live: Moscow accuses Kyiv of drone attack on airport as flights diverted
Russia-Ukraine news – live: Moscow accuses Kyiv of drone attack on airport as flights diverted
At least five drones headed for Moscow were intercepted in the skies over the capital region this morning, Russia’s ministry of defence said, accusing Ukraine of trying to conduct what it called a “terrorist attack”. The ministry claimed Russian air defences destroyed four of the drones, and the fifth was intercepted and fell. Kyiv has not yet confirmed or denied the reports. Officials at Moscow’s Vnukovo airport diverted several flights and the schedules for both take-offs and landings were restricted, according to Russian news agencies. No reason was provided for the re-routings and there was no immediate confirmation that this was linked to the reports of drone activity. The drones were shot down near the village of Valuevo, located 30 kilometres (19 miles) southwest of the Kremlin. No immediate casualties or damage have been reported. It comes as Ukraine marked progress on the battlefield following a week of heavy fighting, saying its troops have gained ground near Bakhmut. The Ukrainian military took back 37.4 square kilometres (14.4 square miles) of territory in heavy fighting in the past week, deputy defence minister Hanna Malyar said. Read More Russian tank explodes after driving over mine in Bakhmut Russians and Belarusians back at Wimbledon as war in Ukraine continues Mapped: The damage caused by Ukraine’s devastated dam How significant are the reported territorial advances made by Ukrainian forces so far?
2023-07-04 15:48
Macron to Meet With Mayors as France Counts Cost of Riots
Macron to Meet With Mayors as France Counts Cost of Riots
President Emmanuel Macron will meet with the mayors of hundreds of towns to assess the impact of the
2023-07-04 15:47
Sainsbury’s Reports Higher Sales as Food Inflation Starts to Fall
Sainsbury’s Reports Higher Sales as Food Inflation Starts to Fall
J Sainsbury Plc reported higher sales and said that food inflation is starting to fall, suggesting that the
2023-07-04 14:54
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