Tag: London (UK)

Ferrovial to Sell Stake in London’s Heathrow Airport
World

Ferrovial to Sell Stake in London’s Heathrow Airport

Ferrovial is to sell its stake in London’s Heathrow Airport after striking a deal with a French private-equity group and Saudi Arabia’s sovereign wealth fund.The Spanish construction company said late on Tuesday that Ardian and Saudi Arabia’s Public Investment Fund would pay 2.37 billion pounds ($3.01 billion) to acquire its 25% stake in FGP Topco, the parent company of Heathrow Airport Holdings.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rishi Sunak Rearranges the Deck Chairs
Health

Rishi Sunak Rearranges the Deck Chairs

United Kingdom Prime Minister Rishi Sunak reshuffled his cabinet Monday, and Britons can be forgiven if they don’t learn his new ministers’ names. They might not be around long. Changing ministers at this late date is unlikely to change the bleak Tory prospects in an election expected next year.The reshuffle brought two major personnel changes. One is the firing of Suella Braverman as home secretary with responsibility for policing and immigration. Her sins are said to include publishing a controversial column last week in the Times of London (which shares ownership with this newspaper) criticizing pro-Palestine marches in London, and failing to stop illegal immigration across the English Channel.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b...
Middle East War Becomes a European Crisis
World

Middle East War Becomes a European Crisis

LondonA war in the Middle East is a foreign-policy crisis for the U.S., but it is a domestic crisis for Europe. The streets of London, Paris and Berlin are blocked by marchers calling for jihad. In Brussels, the European Union’s capital, an international soccer match was halted after a Tunisian asylum seeker shot two Swedish fans on their way to the game. Synagogues and Jewish schools are vandalized, and Jews physically assaulted. Police are outnumbered in the streets, undermined by legal activists, and supported only equivocally by politicians.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
‘Frans Hals’ Review: A Painter’s Soaring Portraiture
World

‘Frans Hals’ Review: A Painter’s Soaring Portraiture

LondonFollowing on the heels of last spring’s Vermeer exhibition in Amsterdam, “Frans Hals” at the National Gallery here celebrates another Dutch artist (1582/84-1666) whose critically neglected work was rediscovered by 19th-century French scholars and painters. Together with Rembrandt, the triumvirate would define Golden Age painting in the Netherlands. This show of 51 paintings, organized by Bart Cornelis, the museum’s curator of Dutch and Flemish Paintings 1600-1800, is the first major exhibition devoted to the artist in decades. Though not as well-known as the art of his two contemporaries, Hals’s incomparable work—its unfeigned naturalism, ebullient brushwork and sanguine vision of quotidian life in the 17th-century Dutch republic—would captivate Courbet, Manet, Van Gogh and other mo...
Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market
Money

Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market

Updated Oct. 25, 2023 4:12 pm ETA London hedge-fund manager accused of manipulating the foreign-exchange market was convicted Wednesday of fraud in a trial that opened a window into a complex corner of the global currency-trading business.A federal jury in Manhattan deliberated for less than a day before finding Neil Phillips guilty of commodities fraud. The jury acquitted Phillips, the former chief investment officer of Glen Point Capital, of a separate conspiracy charge.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How an Academic Uncovered One of the Biggest Museum Heists of All Time
World

How an Academic Uncovered One of the Biggest Museum Heists of All Time

By Max Colchester | Photography by Felix Odell for WSJ. Magazine ITTAI GRADEL, an academic–turned–gem dealer in Denmark, was trawling eBay a decade ago when he thought he had stumbled across a gold mine.On his screen, Gradel saw a seller called Sultan1966 advertising a glass gem from the 19th century. Gradel immediately recognized it as something much more valuable: an agate Roman Medusa cameo from the second century, featuring the mythical Gorgon with snakes as hair. He snapped it up for £15 plus postage, then turned around and sold it to a collector for a couple of thousand pounds. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Trader’s Case Tests DOJ’s Policing of Global Currency Market
Money

Trader’s Case Tests DOJ’s Policing of Global Currency Market

A London hedge fund’s big bet on the outcome of a South African party’s leadership vote earned it more than $20 million. Six years later, the trader who placed the wager faces criminal charges in Manhattan, where prosecutors claim he manipulated the foreign-exchange market to achieve his payday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Jews Fear Rising Threats: ‘We’ve Seen This Film’
World

Jews Fear Rising Threats: ‘We’ve Seen This Film’

Listen to article(2 minutes)The Hamas attack that killed at least 1,300 people in Israel has left Jewish communities around the world on edge, as Jews confront rising vitriol, threats and violence.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8