Edinburgh Worldwide investors reject Saba plan to oust board

Edinburgh Worldwide investors reject Saba plan to oust board

Shareholders in a Baillie Gifford closed-end investment fund have rejected plans by activist investor Boaz Weinstein’s hedge fund Saba Capital to oust the board. At a general meeting on Tuesday requisitioned by Saba, 53.2% of votes cast rejected the plan to cull six Edinburgh Worldwide Investment Trust directors and replace them with three Saba-backed candidates….

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French President Macron says France will recognize Palestine as a state

French President Macron says France will recognize Palestine as a state

French President Emmanuel Macron holds a press conference, at the Elysee Palace, in Paris, Friday, June 13, 2025. Michel Euler | Via Reuters French President Emmanuel Macron announced Thursday that France will recognize Palestine as a state, amid snowballing global anger over people starving in Gaza. Macron said in a post on X that he will formalize the decision at the United Nations…

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