3 of the Hottest New Hotels to Book for Design
Kensington Leverne
The Emory — London
Nestled between the tony enclaves of Belgravia and Knightsbridge and across from Hyde Park, the Emory is an elegant new addition to London's posh hotel scene courtesy the same luxury stalwarts behind Claridge's, the Connaught, and the Berkeley. When guests arrive at the city's first all-suite hotel—typically in one of the property's electric BMW i7s—they're likely to wonder if they've found themselves at a high-end art gallery, brimming with works by artists like Damien Hirst. Six high-profile designers—including Pierre Yves Rochon, Alexandra Champalimaud, and Patricia Urquiola—divvied up the 9 floors to create distinct, discreet interiors across the 61 rooms. Everything about the Emory whispers quiet luxury, so your wardrobe should follow suit—bring your finest cashmeres, silks, and wools, and leave the loud labels and bold patterns at home.
If you love to travel, Capital One has a rewards credit card that's perfect for you. With the Venture X card from Capital One, earn unlimited double miles on everything you buy and turn all of your purchases into extraordinary travel. Plus, get premium benefits at a collection of luxury hotels when you book through Capital One Travel. Capital One. What's in your wallet?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Analysis-Why the oil market is tight despite big OPEC+ output hikes
By Robert Harvey, Ahmad Ghaddar and Seher Dareen LONDON, August 7 (Reuters) -OPEC+ oil producers have used high summer demand to launch their first output increases in three years, but those targets have proved difficult to hit, leaving the market surprisingly tight. On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in September versus March, but the data shows that is not likely to happen. The reason is twofold, with some countries finding it hard to pump more, while others are being instructed by OPEC+ to hold back, as punishment for producing above their quotas in the past. "Iraq and to a lesser extent Russia are compensating for past overproduction and Kazakhstan was already producing at maximum capacity back in March," said Jorge Leon, a former OPEC official who now works as head of geopolitical analysis at Rystad Energy. "So the higher quota does not imply higher production." Piling on production month after month might have been expected to lower oil prices, yet Brent crude futures have risen to around $68 a barrel from a 2025 low of $58 in April. It is also notable that prompt prices are now higher than those for six months out, a market dynamic known as backwardation. The prompt premium is justified because rising refinery processing rates and summer demand from power plants in the Middle East are absorbing the OPEC+ hikes, said Energy Aspects analyst Richard Price. "The market is still tight on the prompt." The first-month Brent oil futures contract early this month was trading at a premium of $2.74 to that for delivery in six months, whereas in early May it was at a small discount and a 2025 low. In addition to higher Middle East demand to power summer air conditioning, China has been adding to its inventories. China's crude oil stocks rose by 82 million barrels or almost 900,000 bpd in the second quarter, according to the International Energy Agency. "Chinese oil demand has been better than many expected at the start of the year," said UBS analyst Giovanni Staunovo. "Chinese stockpiling activity has also played a role in keeping crude prices supported." The OPEC+ increases have also come at a time of low stocks in Organisation for Economic Co-operation and Development (OECD) developed nations, a legacy of earlier OPEC+ cuts, a trend that tends to support prices. "Over the past three years, OECD crude inventories have stayed consistently low, especially in the U.S.," said Homayoun Falakshahi, analyst at Kpler. European oil stocks were almost 9% below their five-year average at 394 million barrels in May, according to OPEC data published in July, while U.S. commercial crude stocks in June were also below their five-year average at 419 million barrels. OPEC+ officials have pointed to those low levels as evidence the market needs its increased barrels. THE OPEC+ EIGHT OPEC+ has introduced various output curbs since the pandemic slammed demand, forcing producers to throttle back on oil no one wanted. The tranche of cuts it started to unwind in April involve just eight members - Saudi Arabia, Russia, Iraq, UAE, Kazakhstan, Kuwait, Oman and Algeria. Between April and June they pledged to increase output by 960,000 bpd - a net 730,000 bpd including required cuts - yet OPEC data shows they achieved an increase of only 540,000 bpd. The production data also shows Saudi Arabia accounted for more than 70% of the net increase. Exports rose by just 460,000 bpd from March levels, according to data from analytics firm Vortexa, while world demand grew by an estimated 1 million bpd, according to the International Energy Agency. Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while shipments from Russia, Iraq, Kazakhstan, Kuwait and Oman fell, Vortexa data showed. Saudi acknowledged that it exceeded its June quota but explained that much of this went into its storage at home and abroad. Exports from Gulf producers typically dip in the summer months because of their own increased summer demand for air conditioning. "The market is telling you it's tight. OPEC announcements need to result in more exports, when we see exports, the market will start to correct," said one veteran crude trader regarding current oil prices. TARGETS VERSUS ACTUAL The current gap reflects in part limited production capacity outside of Saudi Arabia and the United Arab Emirates. Russia, for example, has struggled with Ukrainian attacks on its energy infrastructure. Yet in their monthly meetings to set output levels OPEC+ member states continue to seek higher quotas, even if immediate delivery is problematic, as they can use that extra allowance in the future should their actual capacity rise or OPEC+ request fresh curbs. On August 3 OPEC+ agreed a further increase for September while curbs on members for past overproduction are scheduled to run until next June, ranging in total size per month from about 200,000 to 500,000 bpd."Similar to the previous months, I expect the effective volume increases to lag the quota increases," said Staunovo at UBS. By September the OPEC+ eight aim to increase output to 32.36 million bpd versus output of 30.80 million bpd achieved in March.
Yahoo
20 minutes ago
- Yahoo
Helium One Global Ltd Announces Result of Oversubscribed WRAP Retail Offer
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN. Result of Oversubscribed WRAP Retail Offer LONDON, UK / / August 7, 2025 / Helium One Global Ltd (AIM: HE1), the primary helium explorer in Tanzania, with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, is pleased to confirm, further to the announcements made on 5 August 2025 and 6 August 2025, the result of the WRAP Retail Offer at the Issue Price of 0.54 pence per share. The WRAP Retail Offer was oversubscribed, and the Company announces that it has raised aggregate gross proceeds of approximately £1 million. Accordingly, the Company will issue a total of 185,185,185 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer. Lorna Blaisse, Chief Executive Officer, commented: "We are very pleased to have been able to include our retail shareholders via the WRAP and are delighted with the response that we have received, given that it was oversubscribed to the extent that it closed early. I'd like to thank our existing shareholders who remain committed to the Company and see the potential that the Board has always believed to be integral to our projects. This is a very exciting time for Helium One as the Company moves away from being an explorer towards becoming an established helium producer; with first gas planned for later this year from our non-operated helium-CO2 project in Colorado with Blue Star Helium. In addition, we are now funded to push ahead with our ESP operations and developing our southern Rukwa project further. We look forward to the formal signing ceremony for the Mining Licence with the Government of Tanzania which is expected to take place in due course." Admission and Total Voting Rights Applications have been made for the WRAP Retail Offer Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on or around 11 August 2025. Upon Admission, the Company's issued ordinary share capital will consist of 6,404,091,962 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 6,404,091,962. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the new Ordinary Shares to be issued pursuant to the Placing, the Subscription and the Company's existing Ordinary Shares. Terms used but not defined in this announcement have the same meaning as set out in the Company's announcement released at 16:31 BST on 5 August 2025. For further information, please contact: Helium One Global Ltd +44 20 7920 3150 Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director Panmure LiberumLimited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese +44 20 3100 2000 Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell +44 20 3829 5000 Tavistock(Financial PR) Nick Elwes Tara Vivian-Neal +44 20 7920 3150 Winterflood Retail Access Platform +44 203 100 0286 Kaitlan Billings Sophia Bechev Further information on the Company can be found on its website at This announcement should be read in its entirety. In particular, the information in the "Important Notices" section of the announcement should be read and understood. Notes to Editors Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA. The Company holds helium licenses within two distinct helium project areas, across two continents. With an expanding global footprint, the company has the potential to become a strategic player in resolving a supply-constrained helium market. The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project entering a full appraisal and development stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test ("EWT"), successfully flowed 5.5% helium continually to surface in Q3 2024. Following the success of the EWT, the Company filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024 and the 480km2 ML was formally awarded to the Company in July 2025. The Company also owns a 50% working interest in the Galactica-Pegasus helium development project in Las Animas County, Colorado, USA. This project is operated by Blue Star Helium Ltd (ASX: BNL) and has successfully completed a six well development drilling campaign in H1 2025. The completion of the development programme is a key component of the broader Galactica-Pegasus development strategy; aimed at progressing the helium and CO2 discoveries to near-term commercial production. This programme has seen a systematic approach to developing the extensive Lyons Formation reservoir. The programme has delivered encouraging results, in line with expectations, consistently encountering good helium (up to 3.3% He) and CO2 concentrations in the target formation and demonstrating promising flow potential. The next steps will see the Galactica wells tied into initial production in Q4 2025. Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF. Important Notices The content of this announcement, which has been prepared by and is the sole responsibility of the Company. This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into or from the United States (including its territories and possessions, any state of the United States and the District of Columbia (the "United States" or "US")), Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction. The WRAP Retail Offer Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") or under the applicable state securities laws of the United States and may not be offered or sold directly or indirectly in or into the United States. No public offering of the WRAP Retail Offer Shares is being made in the United States. The WRAP Retail Offer Shares are being offered and sold outside the United States in "offshore transactions", as defined in, and in compliance with, Regulation S under the US Securities Act ("Regulation S") to non-US persons (within the meaning of Regulation S). In addition, the Company has not been, and will not be, registered under the US Investment Company Act of 1940, as amended. This announcement does not constitute an offer to sell or issue or a solicitation of an offer to buy or subscribe for WRAP Retail Offer Shares in the United States, Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction in which such offer or solicitation is or may be unlawful. No public offer of the securities referred to herein is being made in any such jurisdiction. This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the US Securities Act, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. WRAP is a proprietary technology platform owned and operated by Winterflood Securities Ltd (registered address at Riverbank House, 2 Swan Lane, London EC4R 3GA; FRN 141455). Winterflood Securities Ltd ("Winterflood") is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for the Company and for no-one else and will not regard any other person (whether or not a recipient of this announcement) as its client in relation to the WRAP Retail Offer and will not be responsible to anyone other than the Company for providing the protections afforded to its clients, nor for providing advice in connection with the WRAP Retail Offer, Admission and the other arrangements referred to in this announcement. The value of Ordinary Shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment, you may get back less than you originally invested. Figures refer to past performance and past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. Certain statements in this announcement are forward-looking statements which are based on the Company's expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. These forward-looking statements, which may use words such as "aim", "anticipate", "believe", "intend", "estimate", "expect" and words of similar meaning, include all matters that are not historical facts. These forward-looking statements involve risks, assumptions and uncertainties that could cause the actual results of operations, financial condition, liquidity and dividend policy and the development of the industries in which the Company's businesses operate to differ materially from the impression created by the forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Given those risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. These forward-looking statements speak only as at the date of this announcement and cannot be relied upon as a guide to future performance. The Company and Winterflood expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the Financial Conduct Authority, the London Stock Exchange or applicable law. The information in this announcement is for background purposes only and does not purport to be full or complete. None of Winterflood or any of its affiliates, accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of the announcement or its contents or otherwise arising in connection therewith. Winterflood and its affiliates, accordingly disclaim all and any liability whether arising in tort, contract or otherwise which they might otherwise be found to have in respect of this announcement or its contents or otherwise arising in connection therewith. Any indication in this announcement of the price at which the Ordinary Shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earnings or target dividend per share of the Company for the current or future financial years would necessarily match or exceed the historical published earnings or dividends per share of the Company. Neither the content of the Company's website (or any other website) nor the content of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into or forms part of this announcement. The WRAP Retail Offer Shares to be issued or sold pursuant to the WRAP Retail Offer will not be admitted to trading on any stock exchange other than the London Stock Exchange. It is further noted that the WRAP Retail Offer was only open to investors in the United Kingdom who fall within Article 43 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (which includes an existing member of the Company). This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Helium One Global Ltd View the original press release on ACCESS Newswire
Wall Street Journal
22 minutes ago
- Wall Street Journal
WPP Slashes Dividend Ahead of Strategy Review, CEO Change
WPP WPP -0.37%decrease; red down pointing triangle slashed its dividend ahead of a review of its strategy, as the U.K. advertising group prepares for the arrival of new chief executive Cindy Rose. The company said Thursday that it is declaring an interim dividend of 7.5 pence (10 cents) a share, or half of what it paid out last year, in a bid to create room for its incoming CEO to review the group's strategy and spending plans.
