Author: Press Room

Some U.N. officials and diplomats have blamed Israeli security checks for delays in delivering aid, but Col. Elad Goren, a senior Israeli military officer, said in an interview that Israeli officials were ready to facilitate inspections of many more truckloads at Nitzana, a border post about 25 miles from Rafah.“Israel will not be the bottleneck,” Colonel Goren said, adding that the issue was “the capacity of international organizations to absorb the aid via Rafah.” The colonel serves in COGAT, the Israeli agency overseeing policy for the Palestinian territories.Hamas has been unapologetic about the gruesome Oct. 7 attacks that triggered the…

The publisher of Mark Meadows’ memoir is suing the former White House chief of staff. All Seasons Press claims that Meadows lied to it and made false claims in his book. The suit comes after reports that Meadows flipped on Trump.  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 Not everyone is happy with Mark Meadows’ reported turn against former President Donald Trump.On Friday, All Season Press, the independent publisher of Meadows’ memoir, filed suit against the former White House chief of staff alleging…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Raiffeisen Bank generated almost half of its profits from its Russian operations this year despite attempts by the Austrian lender to cut back its business in the country. Raiffeisen said on Friday that it had shrunk its lending in Russia by 30 per cent since January, in response to mounting criticism that the bank — the largest western lender still operating under Vladimir Putin’s regime — has been dragging its feet. The decline follows a 30 per cent reduction in Raiffeisen’s lending…

Former solicitor Michael Lynn is currently on trial, accused of stealing approximately €27 million from several financial institutions. The prosecution alleges that between October 2006 and April 2007, Lynn acquired multiple mortgages on the same properties without the knowledge of the banks involved. These banks include Bank of Ireland and Bank of Scotland Ireland. Lynn, however, denies all 21 counts of theft. The defense led by Mark Lynam SC, suggests that Irish Nationwide Building Society chairman Michael Fingleton introduced Lynn to Bank of Scotland Ireland and served as his “personal banker”. They argue that when Fingleton was unavailable due to…

© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. REUTERS/Brendan McDermid/File Photo By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main stock indexes rallied on Friday as bond yields fell sharply after data showed signs of slowing U.S. jobs growth and an uptick in unemployment, boosting hopes that the Federal Reserve is done with its interest rate hiking campaign. The Labor Department’s report showed nonfarm payrolls increased by 150,000 jobs in October, much less than the expected 180,000 increase, partly due to strikes…

designer491 Stifel initiated coverage of MoonLake Immunotherapeutics (NASDAQ:MLTX) with a buy rating, stating that it sees its room for potential upside via the de-risking of its drug sonelokimab in additional indications and/or M&A. Stifel said it regards MoonLake as one of the most de-risked clinical-stage companies in the inflammation and immunology, or I&I, space with a “clear path to a blockbuster drug.” It added that it models sonelokimab as achieving US revenue of $4.2B across the hidradenitis suppurativa and psoriatic arthritis markets, with other indications representing potential upside. “Bottom line: we think sonelokimab could be a $4B+ drug, and recent…

A top official in the Washington, D.C., mayor’s office was arrested for an alleged domestic assault towards his wife, police say.Police say that Dr. Christopher Rodriguez, D.C. Mayor Muriel Bowser’s assistant city administrator and acting chief technology officer, was arrested at his home in Northwest D.C. According to a police report obtained by FOX 5 D.C., the domestic violence incident happened at 11:30 p.m. Wednesday. Authorities say that Rodriguez allegedly pushed his wife to the ground in connection to a fight the pair was having.DC CONTINUES EXPERIENCING SOARING CRIME RATES DESPITE COUNCIL CHAIRMAN SAYING ‘THERE IS NO CRIME CRISIS’ Police say Christopher…

Traders Have Successful Day at the Stock Exchange Officegetty A new bull market launch? Nope. Too soon. Plus, this sharp rise has faulty characteristics. However, positive developments could carry this happy time through year-end. It’s the pleasant pause described here… MORE FROM FORBESStock Market Selloff Pauses Ahead Of Five DevelopmentsBy John S. Tobey How the five developments are progressing… Completed developments: First – Company earnings reports (Oct. 30 through Nov. 10) – Positive so far During these two weeks, 42% of the S&P 500 companies report earnings. The firms are well-diversified among economic sectors and industries. The results from the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK prime minister Rishi Sunak is facing pressure to give back donations the Conservative party accepted from a telecoms company after its French entities were last week convicted of money laundering and VAT fraud.Lycamobile, the UK-headquartered international mobile virtual network operator, gifted £2.15mn to the Tories between 2011 and 2016, according to the Electoral Commission database.The Paris criminal court convicted Lycamobile’s French corporate entities of committing fraud with respect to value added tax and money laundering in a decision issued on October…

Jones Lang LaSalle Inc. (NYSE: JLL), a prominent player in the commercial real estate industry, is demonstrating resilience amid the Federal Reserve’s continued high-interest rates and a decrease in demand for commercial properties. The company’s third-quarter earnings report exhibited this fortitude, as revealed by JLL’s Global CEO, Christian Ulbrich, during a segment on Yahoo Finance Live hosted by Rachelle Akuffo earlier this week. Ulbrich provided insights into the company’s earnings and offered a market forecast. He emphasized JLL’s strategic focus on high-end, grade-A buildings in major urban areas. Despite the current challenging climate, Ulbrich predicts an upswing in this sector…