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Prince William, Kate Held “Crisis Talks” After Harry and Meghan’s Highgrove Meeting With King, Report Says

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Prince Charles, Kate Middleton and Prince William

Prince William and Catherine, Princess of Wales, reportedly held private “crisis talks” after learning that King Charles III had met with Prince Harry and Meghan Markle at Highgrove House earlier this summer, according to a report published in Woman magazine citing unnamed palace sources.

Royal correspondent Emily Andrews, writing in the magazine, said sources close to the palace described William and Kate as feeling “betrayed and possibly even humiliated” by the king’s decision to meet privately with the Duke and Duchess of Sussex. According to Andrews, the reaction stemmed in part from what the couple views as a long pattern of public criticism directed at the royal family by Harry and Meghan in the years since their 2020 departure from official duties. “They have been humiliated on more than one occasion by both Prince Harry and Meghan Markle, and seeing them swan back to the UK must, I’m sure, sting,” Andrews wrote.

The Highgrove meeting, which took place at the king’s private Gloucestershire residence and Harry’s childhood home, reportedly lasted only a couple of hours, according to the report, potentially just long enough for Harry and Meghan’s children, Archie, 7, and Lilibet, 5, to play in a treehouse King Charles had originally built for William when he was a child. Buckingham Palace confirmed the visit within hours after it occurred, though the palace did not release additional details or a photograph from the gathering, according to the report.

Andrews characterized the palace’s swift, if limited, public confirmation of the meeting as signaling a broader shift in approach toward the Sussexes. “It appeared to announce a policy of appeasement to the Sussexes,” Andrews wrote, adding that despite criticism the couple has directed at British institutions, including the judiciary, the government and the monarchy itself, “they will not be cast out.”

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According to the report, William is believed to have urged his father not to meet with Harry and Meghan, reflecting the future king’s continued frustration over his brother’s public criticism of the family through a series of high-profile media appearances, including an interview with Oprah Winfrey, the Netflix documentary series “Harry & Meghan,” and Harry’s 2023 memoir, “Spare.” Andrews wrote that William believes the couple should not have been rewarded with a family meeting with the king, however private, given that history. “His father has gone ahead, while William is the one carrying an ever-growing share of the actual work and popularity of the monarchy,” Andrews wrote, framing the dynamic as one in which William feels he has shouldered institutional responsibilities that Harry stepped away from.

Andrews argued that the king’s willingness to meet with the Sussexes represents a departure from the approach taken by his mother, Queen Elizabeth II, who died in 2022. “Charles’ first duty is not to the spare. It is to the heir and his wife. That is the deal Queen Elizabeth II understood and honoured for 70 years: the institution comes first, sentiment a distant second,” Andrews wrote, characterizing the Highgrove meeting overall as “a triumph for Harry and Meghan.”

The report also suggested the meeting may represent the culmination of an 18-month effort by Harry and Meghan to re-establish themselves within both Britain and the royal family, a strategy Andrews suggested could ultimately benefit the couple’s public profile and business ventures if it leads to more frequent visits to the UK going forward. Andrews wrote that a pattern of regular return visits would effectively unravel the terms of the couple’s 2020 departure from royal duties, often referred to as “Megxit,” describing any such arrangement as “the half-in/half-out that the late Queen explicitly forbade.”

Despite their reported frustration, Andrews wrote that William and Kate have limited options for influencing the situation directly. “What can William and Kate do? Not much, if we’re honest, until William is King,” Andrews wrote, adding that William rarely discusses Harry within royal circles but that the king’s decision to meet with the Sussexes “is sure to sting.”

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The report also highlighted an apparent shift in the palace’s public messaging around the visit. According to Andrews, palace officials had described Harry’s earlier refusal to bring his children to the UK without enhanced security arrangements as “emotional blackmail” just three weeks before the Highgrove meeting took place, a characterization Andrews said changed noticeably in tone following the reunion. A source close to the king, cited in the report, said Charles “will never shut the door on the possibility of spending time with his family because, despite all the trouble, blood is blood.”

Andrews wrote that significant mistrust remains between the Sussexes and Buckingham Palace despite the Highgrove meeting, and that while Harry appeared eager to use his recent UK visit to repair family relationships alongside his other engagements, his relationship with William and Kate specifically remains severely strained. “It’s also clear that Kate and William will not forgive him for Spare,” Andrews wrote, concluding that while the couple remains united with each other, “their relationship with Harry and Meghan seems to be broken forever.”

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Cenovus Energy Inc. 2026 Q2 – Results – Earnings Call Presentation (TSX:CVE:CA) 2026-08-01

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Fluence Corporation Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:EMFGF) 2026-08-01

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Essex Property Trust, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:ESS) 2026-08-01

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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How will adjustment in Japanese stocks impact the USD/JPY?

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How will adjustment in Japanese stocks impact the USD/JPY?

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Amerant Bancorp Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AMTB) 2026-08-01

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Soitec SA (SLOIY) Shareholder/Analyst Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Frederic Lissalde

Being broadcast. I hereby declare open the combined ordinary and extraordinary general meeting of Soitec. This meeting is convened to go over the agenda set out in the notice of meeting, which was sent to registered shareholders and also published in the official bulletin.. As the Chairman of the Board of Directors, I am chairing this general meeting, and I would now appoint the meeting’s officers. I hereby call upon the 2 members of the meeting which hold the largest number of votes, and they have agreed to fulfill this role to act as scrutineers.

So the company Bpifrance Participations, hereby represented by Mr. Samuel Dalens and the company called CEA Investissement represented by Ms. Julie Galland and Samuel Dalens and Julie Galland are seated in front of me here in the first row. The Chair and the scrutineers form the Presiding Committee of the meeting, and they appoint a Secretary, Emmanuelle Bely, who is the Secretary General of Soitec and also the Secretary to the Board of Directors and who is standing to my left. We now have the officers in place. Also present beside me are Laurent Remont, our new CEO since April 2026, who is attending his first Soitec Annual General Meeting; and Albin Jacquemont, our Chief Financial Officer.

The statutory auditors are also present in this room. One is Benjamin Malherbe for Ernst & Young Audit and Laurent Genin for KPMG. And we also have with us the directors who were able to attend those who could make themselves available. And I would like to thank them

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Weak rupee takes its toll on cos with huge foreign debt

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The global economic crisis is beginning to weigh heavily on India Inc���s balance sheet, courtesy the depreciating rupee. While a weakening rupee might bring cheer to export-oriented sectors such as IT and textiles, it has pushed up the foreign exchange liabilities of Indian companies.

Accounting rules, called AS-11 provisions, make it mandatory for companies to make mark-to-market provisions in their profit & loss accounts for any changes in foreign currency loans. The worst hit have been those companies that predominantly serve the domestic market and opted for foreign currency loans to finance their growth plans.

According to an analysis by ETIG, the profitability of companies will be dented by mark to market (MTM) losses. Tata Steel may report a forex loss of around Rs 344 crore, whereas Tata Motors could take a hit of Rs 311 crore. Tata Chemicals, which took a foreign currency loan of $475 million to fund its overseas acquisitions, is estimated to report a forex loss of Rs 187 crore. Ranbaxy, JSW Steel and Firstsource Solutions will lose Rs 100 crore and Rs 400 crore each. The list of companies is not exhaustive as an estimated dozen companies raised forex debt last year.

Thankfully, this is only an accounting entry and does not affect the cash flows. However, it is likely to be read negatively by the stock market. Market participants actively track companies��� net profits and any adverse development does affect valuations. The rupee had positively impacted most of the above companies till last year, but it has depreciated by over 9% in the quarter ended September 2008.
When the rupee depreciates, the value of foreign currency liability denominated in rupee terms increases and vice versa. According to AS-11 stipulations, an increase in liability should be reflected in the quarterly profit and loss statement and will translate into lower corporate profits. Most companies are focused on the domestic market and are therefore unlikely to benefit from a weakening rupee.


The falling rupee will severely affect the small companies, whereas the big ones will be impacted only moderately. Firstsource Solutions may report a net loss, while Tata Steel might see a 100 basis points decline in net profit margin on account of forex losses. To put things in perspective, most companies will experience a 10-50% hit on their operating profits.
Companies such as Reliance Communication, Reliance Industries and Bharti Airtel follow schedule-VI of the Companies Act, instead of AS-11 and are therefore unlikely to see an impact on their quarterly profit and loss statements. The operating profits of the two Reliance companies would have been lower by around Rs 800-900 crore if they had subscribed to the AS11 norms.

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Erste Group Bank AG (EBKDY) Q2 2026 Earnings Call Transcript

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