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Baltic Exchange
The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a Trade association, membership organisation for the Maritime transport, maritime industry, and Shipping markets, freight market information provider for the trading and settlement of Chartering (shipping), physical and Derivative (finance), derivative contracts. Situated since Edwardian era, Edwardian times at Baltic Exchange (building), 24-28 St Mary Axe, EC postcode area, London EC3, the building was Baltic Exchange bombing, destroyed by a bomb in 1992. The Baltic Exchange then relocated to 38 St Mary Axe on 15 May 1995, before establishing its headquarters at Leadenhall Street, 77 Leadenhall Street in the City of London as well as further offices in Europe, across Asia, and in the United States. Overview Its international community of 650 member companies encompasses the majority of Shipping markets, world shipping interests and commits to a Business ethics, code of business conduct overseen by the Bal ...
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Baltic Exchange Logo
Baltic may refer to: Peoples and languages *Baltic languages, a subfamily of Indo-European languages, including Lithuanian, Latvian and extinct Old Prussian *Balts (or Baltic peoples), ethnic groups speaking the Baltic languages and/or originating from the Baltic countries *Baltic Germans, historical ethnic German minority in Latvia and Estonia *Baltic Finnic peoples, the Finnic peoples historically inhabiting the area on the northeastern side of the Baltic sea Places Northern Europe * Baltic Sea, in Europe * Baltic region, an ambiguous term referring to the general area surrounding the Baltic Sea * Baltic states (also Baltic countries, Baltic nations, Baltics), a geopolitical term, currently referring to Estonia, Latvia and Lithuania * Baltic Provinces or governorates, former parts of the Swedish Empire and then Russian Empire (in modern Latvia, Estonia) * Baltic Shield, the exposed Precambrian northwest segment of the East European Craton * Baltic Plate, an ancient tectonic pla ...
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Contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or equitable remedies such as specific performance or rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jurisdictions, civil law jurisdictions, or mixed-law jurisdictions that combine elem ...
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American Independence
The American Revolution (1765–1783) was a colonial rebellion and war of independence in which the Thirteen Colonies broke from British rule to form the United States of America. The revolution culminated in the American Revolutionary War, which was launched on April 19, 1775, in the Battles of Lexington and Concord. Leaders of the American Revolution were colonial separatist leaders who, as British subjects, initially sought incremental levels of autonomy but came to embrace the cause of full independence and the necessity of prevailing in the Revolutionary War to obtain it. The Second Continental Congress, which represented the colonies and convened in present-day Independence Hall in Philadelphia, formed the Continental Army and appointed George Washington as its commander-in-chief in June 1775, and unanimously adopted the Declaration of Independence the following year, which inspired, formalized, and escalated the war. For most of the eight-year war, its outcome appea ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States, Atlantic Coast and the Appalachian Mountains. The state's List of capitals in the United States, capital is Richmond, Virginia, Richmond and its most populous city is Virginia Beach, Virginia, Virginia Beach. Its most populous subdivision is Fairfax County, Virginia, Fairfax County, part of Northern Virginia, where slightly over a third of Virginia's population of more than 8.8million live. Eastern Virginia is part of the Atlantic Plain, and the Middle Peninsula forms the mouth of the Chesapeake Bay. Central Virginia lies predominantly in the Piedmont (United States), Piedmont, the foothill region of the Blue Ridge Mountains, which cross the western and southwestern parts of the state. The fertile Shenandoah Valley fosters the state's mo ...
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English Coffeehouses In The 17th And 18th Centuries
In 17th- and 18th-century England, coffeehouses served as public social places where men would meet for conversation and commerce. For the price of a penny, customers purchased a cup of coffee and admission. Travellers introduced coffee as a beverage to England during the mid-17th century; previously it had been consumed mainly for its supposed medicinal properties. Coffeehouses also served tea and hot chocolate as well as a light meal. The historian Brian Cowan describes English coffeehouses as "places where people gathered to drink coffee, learn the news of the day, and perhaps to meet with other local residents and discuss matters of mutual concern." The absence of alcohol created an atmosphere in which it was possible to engage in more serious conversation than in an alehouse. Coffeehouses also played an important role in the development of financial markets and newspapers. Topics discussed included politics and political scandals, daily gossip, fashion, current events, an ...
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Royal Exchange, London
The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor (agent), factor Richard Clough to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. The original foundation was ceremonially opened by Queen Elizabeth I who granted it its "royal" title. The current neoclassical architecture, neoclassical building has a trapezoidal floor plan and is flanked by Cornhill, London, Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the city. It lies in the Wards of the City of London, Ward of Cornhill, London, Cornhill. The exchange building has twice been destroyed by fire and subsequently rebuilt. The present building was designed by Sir William Tite in the 1840s. The site was notably occupied by the Lloyd's of London, Lloyd's insurance market for nearly 150 y ...
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Threadneedle Street
Threadneedle Street is a street in the City of London, England, between Bishopsgate at its northeast end and Bank junction in the southwest. It is one of nine streets that converge at Bank. It lies in the ward of Cornhill. History Threadneedle Street is famous as the site of the Bank of England. The bank itself is sometimes known as 'the Old Lady of Threadneedle Street' and has been based at its current location since 1734. The London Stock Exchange was situated on Threadneedle Street until 2004, when it relocated to nearby Paternoster Square. The Baltic Exchange was founded in the on Threadneedle Street in 1744. It is now located on St Mary Axe. Etymology Some believe that the name originated as Three Needle Street, first attested to in 1598, perhaps from a signboard portraying three needles, or from the three needles on the arms of needle-makers who had premises on the street. The threads and needles used by the members of the Worshipful Company of Merchant Taylors i ...
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Cultural Heritage
Cultural heritage is the heritage of tangible and intangible heritage assets of a group or society that is inherited from past generations. Not all heritages of past generations are "heritage"; rather, heritage is a product of selection by society. Cultural heritage includes cultural property, tangible culture (such as buildings, monuments, landscapes, archive materials, books, works of art, and artifacts), intangible heritage, intangible culture (such as folklore, traditions, language, and knowledge), and natural heritage (including culturally significant landscapes, and biodiversity).Ann Marie Sullivan, Cultural Heritage & New Media: A Future for the Past, 15 J. MARSHALL REV. INTELL. PROP. L. 604 (2016) https://repository.jmls.edu/cgi/viewcontent.cgi?article=1392&context=ripl The term is often used in connection with issues relating to the protection of Indigenous intellectual property. The deliberate action of keeping cultural heritage from the present for the future is known ...
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Business Ethics
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business et ...
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Leadenhall Street
__NOTOC__ Leadenhall Street () is a street in the City of London. It is about and links Cornhill, London, Cornhill in the west to Aldgate in the east. It was formerly the start of the A11 road (England), A11 road from London to Norwich, but that route now starts further east at Aldgate. Leadenhall Street has always been a centre of commerce. It connected the medieval market of Leaden Hall with Aldgate, the eastern gate in the Roman city wall. The East India Company had its headquarters there, as later did P&O. By the mid 20th century, grand stone-faced offices lined the street. Today it is closely associated with the insurance industry and particularly the Lloyd’s of London, Lloyd's insurance market, with its dramatic building in the adjacent Lime Street. It forms part of a cluster of tall buildings including the 48-storey 122 Leadenhall Street and the 38-storey The Scalpel, Scalpel. Other buildings planned for the street include the 57-storey 100 Leadenhall, the 50-storey Pr ...
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Headquarters
Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, military organizations, religious groups, sports leagues and so on. It usually implies a geographically dispersed organization with a clear hierarchical structure. Corporate In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The value added, intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, corporate tax, tax payments, legal, legal operations, marketing, finance, human resources, information technology, and pr ...
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Baltic Exchange Bombing
The Baltic Exchange bombing was an attack by the Provisional IRA on the City of London, Britain's financial centre, on 10 April 1992, the day after the General Election which re-elected John Major from the Conservative Party as Prime Minister. The one-ton bomb – concealed in a van and consisting of a fertiliser device wrapped with a detonation cord made from of semtex – was the biggest bomb detonated on mainland Britain since World War II. The bombing killed three people, injured 91 others, and severely damaged the Baltic Exchange and its surroundings. Background Since the Provisional Irish Republican Army's campaign in the early 1970s, many commercial targets were attacked in England which would cause economic damage and severe disruption. Since 1988, Gerry Adams of Sinn Féin and John Hume of the Social Democratic and Labour Party had been engaged in private dialogue to create a broad Irish nationalist coalition. British Prime Minister John Major had refused to openly ent ...
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