Author: Press Room

© Reuters. LONDON – Marex Group, a global commodities broker, has confidentially filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) on the New York Stock Exchange (NYSE), pivoting from its original plans to list in London. The move comes after the company faced challenging conditions that derailed its plans for a London flotation. The firm is now aiming for a valuation exceeding $1.8 billion on the NYSE, which is significantly higher than the £500 million to £700 million range it had targeted for its London listing. This strategic shift underscores a broader trend…

OPEN: A court recent ruling recently could deliver a death blow to the Voting Rights Act – a law that has protected Black Americans’ political power the voting rights of minority communities for six decades./////A federal appeals court issued a ruling last month on an Arkansas redistricting case that could drastically weaken the Voting Rights Act, a law that has protected minority communities’ political power for almost six decades. ALT: A recent court ruling could make it harder for people to challenge state’s racially discriminatory voting practices. ALT : The Voting Rights Act has been the single most …. but…

Elon Musk and Grimes have filed child custody lawsuits against each other in Texas and California.The former couple share three children, including 3-year-old X who is frequently spotted with Musk.Court records show Musk and Grimes are arguing over which state the kids actually live. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk and Grimes are locked in a contentious custody battle over the three children the former couple share: 3-year-old X Æ A-12, also known as baby X, 2-year-old Exa, and 1-year-old…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chanel is bracing for a “tougher” 2024 as the luxury industry grapples with slowing growth amid a global economic slowdown.President of fashion Bruno Pavlovsky said that the economic situation was difficult “everywhere, in every single country”, echoing warnings made by executives at LVMH and Burberry in recent weeks.“Luxury is not protected from the economy,” he told the Financial Times ahead of Chanel’s Métiers d’Art show in Manchester, where the company welcomed international clients and celebrities including Hugh Grant and Tilda Swinton. “I…

© Reuters. Flags of Mexico, United States and Canada are pictured at a security booth at Zaragoza-Ysleta border crossing bridge, in Ciudad Juarez, Mexico January 16, 2020. REUTERS/Jose Luis Gonzalez/File Photo (Reuters) – U.S. officials have begun informal talks to prepare for new negotiations on the North American Free Trade Agreement (NAFTA), David Cohen, the country’s ambassador to Canada, told CBC News in an interview published Saturday. “On the U.S. side, we are just beginning to have our internal discussions about what we might like to talk about with Mexico and Canada as the sunset approaches,” Cohen told CBC News,…

2/2 © Reuters. FILE PHOTO: People on horses ride past a soy plantation affected by a long drought that finally ended this month by the arrival of rain, is pictured in a farm in 25 de Mayo, in the outskirts of Buenos Aires, Argentina January 24, 2022. REUTERS/Agustin Mar 2/2 By Jake Spring DUBAI (Reuters) – Eight of the world’s top commodities traders have pledged to stop buying soy from farms that ruin South American grasslands, adding to previous commitments to shun growers that clear forests, a sector group said on Saturday on the sidelines of the COP28 climate summit.…

Alena Kravchenko/iStock Editorial via Getty Images Google’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Gemini is just the beginning. The launch of the long-awaited large language model, or LLM, this week will lead to product innovation and integration of AI across Search, Ads and Cloud, Citi said. Look for ramp up in 2024 as a result, analysts led by Ronald Josey wrote in a note. The next-generation multimodal foundation model “levels the playing field across the broader GenAI landscape based on its ability to understand data across types,” the analysts said. “While the full rollout of Gemini is likely to take some time, we believe…

FIRST ON FOX: Unsolved crimes are a burden on victims, their families and the police as they try to apprehend criminals when all leads go cold.Amid the cold cases, one Pennsylvania Republican lawmaker is aiming to alleviate part of that burden at the federal level.House Republican Chief Deputy Whip Guy Reschenthaler is introducing the Cold Case Modernization Act this week to expand genealogy testing at the federal level for cold case victims.SENATE WARNS OF INCREASED CRIME ON CAPITOL HILL AS LAWMAKERS AND STAFF FACE STRING OF ROBBERIES, CARJACKINGS Rep. Guy Reschenthaler, R-Pa., introduced the Cold Case Modernization Act this week…

Teacher Samuel Paty was killed in France 2020 after he showed cartoons of Prophet Muhammad in a class.Six teenagers have been convicted in connection with his murder.One of the teenagers’ lawyer said she “doesn’t forgive herself” for telling a lie that incited fury. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Six teenagers have been found guilty in connection with the beheading of teacher Samuel Paty in France in 2020.Paty, a 47-year-old history and geography teacher, was killed outside his school near Paris. He…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PwC has imposed restrictions on its UK partners flying business class on work trips, as the accounting firm attempts to reduce its carbon footprint and cut costs.PwC told senior UK staff in October that only people travelling on long-haul night flights or those flying for “business-critical” reasons would be allowed to sit in business class, people familiar with the matter told the Financial Times. The new PwC UK guidance applies to partners and directors, and other staff who accompany them on trips.…