britain
A range of organizations including Just Stop Oil and Palestine Action could be banned in the UK as "extreme protest groups" under new proposals tabled by a senior government adviser. The approach currently applied to terrorist organizations should be used as a model, according to adviser on political violence John Woodcock, also known as Lord Walney, the BBC reported on Sunday, citing extracts from the report. In recommendations now due to be presented to the Cabinet, Woodcock backs proscribing groups that "routinely use criminal tactics to try to achieve their aims." "Militant groups like Pal...
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Human rights activists, alongside 100 music artists, including Sting and Coldplay, are calling for the release of Iranian rapper Toomaj Salehi, who has been sentenced to death for the support of mass protests in Iran in autumn 2022. "Salehi's death sentence is the culmination of three years of judicial harassment including arrest, imprisonment and torture," the petition from the London-based organization Index on Censorship says. The singer has drawn attention to the human rights situation in Iran in many of his songs. In October 2023, Salehi was honoured with a Freedom of Expression Award by ...
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Russia on Friday sharply criticized French President Emmanuel Macron and British Foreign Secretary David Cameron, after the Western leaders reiterated their countries' support for Ukraine. In an interview published in The Economist on Thursday, Macron repeated his assertion that he would not rule out the deployment of French troops to assist Ukraine in its war with Russia. Kremlin spokesman Dmitry Peskov denounced Macron's statement as "very dangerous," saying it increased the risk of France becoming directly involved in the conflict. Cameron also came in for condemnation after he announced an...
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British hospitality giant InterContinental Hotels Group (IHG) on Friday said its revenue per available room (RevPAR) rose by 2.6% year-over-year in the first quarter of 2024. The increase was primarily driven by 8.9% growth in its Europe, Middle East, Africa and Asia regional unit. RevPAR rose 2.5% in its China division, while it dropped 0.3% in the Americas region. IHG's average daily rate increased 2.3%, and occupancy rose by 0.2 points. Net system size grew 3.4% from last year.
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Coca-Cola Europacific Partners (CCEP) announced on Friday that its chief financial officer Nik Jhangiani is stepping down to join spirits and beer giant Diageo later this year. Jhangiani plans to take on the same role at British multinational Diageo and will join the firm's board and executive committee in the autumn of 2024. "CCEP expects to make an announcement about [Jhangiani's] successor in the near future, following a thorough search with strong candidates already identified," the company said in a statement. At Diageo, Lavanya Chandrashekar will step down from the executive committee an...
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Shares of British multinational bank Standard Chartered were gaining more than 5% on the London Stock Exchange after the lending major reported Thursday higher profit in its first quarter, despite weak net interest income. The company further maintained its fiscal 2024 guidance. Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter n...
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British multinational bank Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter net interest income declined to $1.57 billion from $2.01 billion, previous year. Underlying net interest income was up 5% at constant currency to $2.4 billion. The company maintained its full year 2024 guidance.
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British provider of business process services Capita on Thursday said its Chief Financial Officer Tim Weller has informed his intention to retire in August 2024. Subsequently, the company named Pablo Andres as the new finance chief, who will be joining the firm on July 15. Andres, who has been the CFO of Ventient Energy for the last three years, comes with extensive experience in senior finance executive roles across a variety of sectors with companies directly comparable with Capita.
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Britain-based oil company Shell on Thursday reported that its first-quarter income before tax fell to $11.04 billion from last year's $14.35 billion. Income attributable to shareholders declined to $7.36 billion from last year's $8.71 billion. Earnings per share were $1.13, down from $1.25 a year ago. Adjusted Earnings per share were $1.20, compared to $1.39 in the prior year. Analysts on average expected the company to report earnings of $1.86 per share. Analysts' estimates typically exclude special items. Adjusted EBITDA was $18.71 billion, lower than prior year's $21.43 billion. Total reven...
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Britain-based oil company Shell on Thursday reported that its first-quarter income before tax fell to $11.04 billion from last year's $14.35 billion - and also said it has started repurchasing shares. Income attributable to shareholders declined to $7.36 billion from last year's $8.71 billion. Earnings per share were $1.13, down from $1.25 a year ago. Adjusted Earnings per share were $1.20, compared to $1.39 in the prior year. Analysts on average expected the company to report earnings of $1.86 per share. Analysts' estimates typically exclude special items. Adjusted EBITDA was $18.71 billion, ...
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