Yahoo Finance's Brian Sozzi, Julie Hyman, and Myles Udland speak with Rob Arnott, Research Affiliates Founder & Chairman about market outlook for 2021 under a Biden administration.
Yahoo Finance's Brian Sozzi, Julie Hyman, and Myles Udland speak with Rob Arnott, Research Affiliates Founder & Chairman about market outlook for 2021 under a Biden administration.
The Ryanair boss has said vaccinated passengers will still have to wear masks on planes.
Repertoire Immune Medicines, a clinical-stage biotech company creating a new category of immune therapies for cancer, autoimmunity and infectious disease, today announced pre-published data revealing new insights into T cell recognition of SARS-CoV-2. This research indicates how SARS-CoV-2 variants may avoid immune surveillance and informs the design of new T cell-based vaccines that can provide long term immunity. The results also highlight the ability of Repertoire’s proprietary DECODE™ platform to identify T cells and the disease relevant epitopes that they engage, supporting the development of novel immune medicines. The manuscript summarizing these findings has been made available on the bioRxiv.org pre-print server.
Industry digital transformation is entering a new stage, as the major economies are embracing leading-edge digital technologies to help the recovery from the COVID-19 pandemic. This is a great opportunity for communications service providers (CSPs) to scale up their businesses. The whitepaper Cross-Technology Collaboration (X-Tech) Enables Industry Digital Transformation, jointed published by Strategy Analytics and Huawei, reviews the requirements of industry digital transformation and maps out the role for CSPs in serving the transformation.
Britain is taking steps to establish London as a global hub for the trade of voluntary carbon offsets, finance minister Rishi Sunak said on Wednesday. The market for carbon offsets is expected to soar over the next few years as companies seek to buy carbon credits to help meet their climate targets and compensate for emissions they are unable to cut themselves. A new group will be established, led by former London Stock Exchange Group chief executive Clara Furse, "with the aim of positioning the UK and the City of London as the leader of the global voluntary carbon markets," Sunak said when unveiling the country's budget.
Indoo Ki Jawani takes too long to get to its big reveal and once there the film is so completely lacking in nuance and imagination that it soon squanders away the potential in the concept.
(Bloomberg) -- Stocks fluctuated as a surge in Treasury yields added to concern over stretched valuations amid an uneven economic rebound from a pandemic-induced recession. The dollar rose.The S&P 500 was little changed as benchmark 10-year yields surged to as high as 1.4790%. Earlier Wednesday, stock futures dropped on data showing the number of employees at U.S. businesses rose in February by less than expected. Cryptocurrency-exposed shares jumped, with Bitcoin topping $50,000.Wednesday’s jobs reading indicate that employment gains continue to be held back by pandemic-related constraints on businesses and economic activity. Even so, many analysts expect a meaningful improvement in the labor market in the coming months as Covid-19 vaccinations pick up and virus concerns ease. The Senate is planning to formally open debate on President Joe Biden’s pandemic-relief bill as soon as Wednesday afternoon.“The markets have been all over the place for the past few days, alternating between ‘risk-on’ and ‘risk-off’ as investors have tried to weigh the impact of rising yields against the prospects of a strong economic rebound with the ongoing Covid vaccine rollouts,” said Fawad Razaqzada, an analyst at ThinkMarkets.Buying U.S. stocks with borrowed money has yet to become excessive even after a bull-market surge, according to Stephen Suttmeier, a Bank of America Corp. analyst. He cited a comparison between the total amount of margin debt and the S&P 500’s market value in a report Monday. Margin loans increased 66% to a record $798.6 billion for the 10 months ended in January, data compiled by the Financial Industry Regulatory Authority show. The latest total equaled 2.5% of the S&P 500’s value, below a peak of 3.1% in January 2014.“Investors are not over-levered,” Suttmeier wrote.Some key events to watch this week:OPEC+ meeting on output Thursday.U.S. factory orders, initial jobless claims and durable goods orders are due Thursday.The February U.S. employment report on Friday will provide an update on the speed and direction of the nation’s labor market recovery.These are some of the main moves in markets:StocksThe S&P 500 Index was little changed as of 9:34 a.m. New York time.The Stoxx Europe 600 Index decreased 0.2%.The MSCI Asia Pacific Index gained 1.2%.The MSCI Emerging Market Index advanced 1.5%.CurrenciesThe Bloomberg Dollar Spot Index increased 0.3%.The euro declined 0.4% to $1.2048.The Japanese yen depreciated 0.2% to 106.93 per dollar.BondsThe yield on 10-year Treasuries rose eight basis points to 1.47%.Germany’s 10-year yield climbed four basis points to -0.32%.Britain’s 10-year yield advanced seven basis points to 0.761%.CommoditiesWest Texas Intermediate crude advanced 1% to $60.34 a barrel.Gold slid 1.4% to $1,713.59 an ounce.Silver fell 2.2% to $26.17 per ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Sapphire Bay announces the addition of the Sapphire Bay Resort, a Destination Hotel to anchor $1 billion mixed-use community.
(Bloomberg) -- European stocks erased their earlier gains by Wednesday afternoon, turning negative as a spike in U.S. bond yields put a damper on risk assets worldwide.The Stoxx Europe 600 Index was down 0.1% as of 2:37 p.m. in London. Cyclical industries remained in the lead across the region, with automotive stocks recording their biggest jump in two weeks. Britain’s FTSE 100 remained the best-performing major benchmark after the government’s spring budget delivered on most economic support measures investors were hoping for.British housebuilders and pub owners defied the wider slump and extended gains, after a tax perk for home purchases and sales levy breaks for the hospitality sector were extended. While “most announcements in the budget were fairly well trailed beforehand,” CMC Markets Chief Market Analyst Michael Hewson said that a tax cut on business investments could fuel an inflationary spending boom of company cash.Equities in Europe have had a bumpy start to 2021, with a vaccination-driven rally peaking in mid-February as year-end earnings cast doubt on the speed of economic recovery. Since then, spiking yields in U.S. treasuries and German bunds have additionally eaten into investors’ appetite for stocks, particularly weighing on so-called bond-proxy haven sectors.“Markets are transitioning to a more robust and mature phase of the recovery trade,” according to Barclays Plc strategists led by Emmanuel Cau. They expect European stocks to continue to catch-up with U.S. peers, because cheaper value shares and non-U.S. equities stand to benefit from rising growth and inflation expectations.Automotive stocks accounted for most of the day’s top performers, buoyed by overall cyclical strength, while UBS Group AG analyst upgrades additionally boosted Renault SA and Continental AG. British insurer Hiscox Ltd. trailed the pack, having scrapped its dividend amid worse-than-expected gross written premiums.You want more news on this market? Click here for a curated First Word channel of actionable news from Bloomberg and select sources. It can be customized to your preferences by clicking into Actions on the toolbar or hitting the HELP key for assistance.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
COVID ward doctor Lukasz Grabarczyk fears his city of Olsztyn in Poland's north-eastern lake district is starting to experience its worst period of the pandemic, as it becomes the epicentre of the country's third wave. Epidemiologists and doctors are trying to find out why the sparsely-populated region, which up until now had low infection rates, has seen such a sharp spike, especially of the variant first detected in Britain, and believe Poles returning from there may be behind it. Its infection rates per 100,000 people are consistently more than double the national average, according to recent data.
The gold futures for April were down 0.96 percent or Rs 435.00 to Rs 45,113.00 per 10gm on MCX at 4.37 pm today
The Chancellor announced an extension to the furlough scheme, as well as an increase in corporation tax.
The Samserganj Assembly constituency is expected to go to polls in April-May 2021, as part of the West Bengal Assembly election 2021.
THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS TORONTO and LOS ANGELES, March 03, 2021 (GLOBE NEWSWIRE) -- The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“Tinley's” or “Company”) is pleased to announce that it has appointed David Hackett as Chief Financial Officer, effective March 3, 2021. David Hackett succeeds David Berman, who has accordingly resigned the role and will continue to assist Tinley in a limited capacity on a consulting basis. Mr. Hackett most recently served as Chief Financial Officer and Corporate Secretary of 48 North Cannabis Corp., a publicly traded licensed producer of cannabis in Canada. In this capacity, he oversaw 48 North’s growth from its initial buildout to a $30 million revenue run rate, including its RTO and multiple strategic acquisitions. He was instrumental in setting up the company’s management information and reporting systems, including planning, accounting and other key processes to support 48 North’s staged progression from early development to scaled manufacturing. Tinley selected Mr. Hackett to benefit from his skills and experience at this moment in its own growth, as the Company works to scale its US and Canadian operations, including its licensed cannabis contract packing services in Long Beach, California, and its Beckett’s branded supply chain across North America Over his 25-year career, Mr. Hackett has served as Chief Financial Officer and Corporate Secretary for consumer packaged goods, entertainment and technology companies, with several traded on the Toronto, NASDAQ and Australian Stock Exchanges. Mr. Hackett has also held senior financial management positions at EveryWare Development, Alliance Atlantis Communications and Entertainment Information Services Ltd. Mr. Hackett is a Chartered Accountant and Chartered Professional Accountant, and he holds an MBA from the Richard Ivey School of Business at the University of Western Ontario. “David Hackett’s experience with several companies that have each rapidly grown from nascent stages to fully scaled operations is critical for Tinley as our co-packing operations have now started and our branded products are being produced and sold in both Canada and the United States. We’re delighted to have attracted a CFO with Mr. Hackett’s level of experience,” said Jeff Maser, Founder and CEO of the Company. “At the same time, we are grateful to David Berman for his years of service and congratulate him on his new venture. We simultaneously look forward to working with him as he continues to support our growth in a new capacity at Tinley.” Mr. Hackett has been granted stock options to purchase up to 200,000 common shares of the Company at an exercise price of $0.48 per share. About The Tinley Beverage Company The Tinley Beverage Company (OTC:TNYBF, CSE:TNY) offers the Becketts Classics™ and Becketts’27™ line of spirit-inspired, terpene-infused, ‘Low No Alcohol’ beverages. Beckett’s is available in mainstream food, beverage and specialty retailers in the United States, and is now being listed for sale in Alberta and Ontario, Canada. Cannabis-infused versions of these products are available in dispensaries throughout California, with expansion to Canada underway. The Company has also built a 20,000 square foot, purpose-built cannabis beverage manufacturing and distribution facility in Long Beach, California. Corporate and product information is available at www.drinktinley.com and www.drinkbecketts.com. Forward-Looking Statements This press release contains or refers to forward-looking information and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law. Products, formulations and timelines outlined herein are subject to change at any time. Ratings information provided by Nielsen. For further information on Beckett’s Tonics, please contact: The Tinley Beverage Company(310) firstname.lastname@example.org Twitter: @drinktinleys and @drinkbecketts Instagram: @drinktinleys and @drinkbeckettswww.drinktinley.comwww.drinkbecketts.comOTC:TNYBF CSE:TNY
NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- The Coalition United for a Responsible Exxon (CURE) today issued the following statement in regards to recent disclosures by ExxonMobil Corporation (NYSE: XOM) (“Exxon” or the “Company”): Exxon has demonstrably failed over the last decade to deliver long-term shareholder value against the wider market and among its peers. The Company's Board of Directors faces pressure to undertake a long list of strategic actions: reversing value destruction; improving investment quality; cutting debt; seizing the opportunity to lead in the low-carbon energy market; and strengthening environmental and safety performance. The recent announcement of new board candidates, including one with climate and ESG experience (Jeff Ubben), indicates that the company may intend to change. However, CURE, a shareholder coalition with 145 members and $2.5 trillion in AUM, will remain vigilant and focused on the specific changes required to put Exxon on a stronger path. CURE acknowledges that, since the engagement of activist investors over the past six months, Exxon has taken what appears to be initial steps in the right direction. However, Exxon needs to commit to a deeper, long-term shift of its capital allocation strategies to be consistent with the Paris Agreement, streamlining its upstream and downstream to focus on the highest-returning assets and pursuing credible pathways towards a 2050 net zero greenhouse target, which must include renewable energy, clean hydrogen and carbon capture. Finally, the Company needs to address its corporate governance issues, including splitting its CEO and Board chair positions to foster board independence, aligning executive compensation with shareholder value creation, ensuring its corporate and trade association lobbying is aligned with the aims of the Paris Agreement, and adopting a uniform system of accountancy to meet basic tests of transparency. CURE sent a letter to Exxon’s Board last month outlining the need for change at the Board level and support for multiple shareholder resolutions. The coalition continues to urge Exxon to further enhance its Board of Directors to address fiduciary and climate concerns. The coalition will continue to monitor and assess the Company’s progress at the Board level and all material changes to its business, strategy and governance. The Coalition for a Responsible Exxon (“CURE”) represents a global spectrum of stakeholders focused on sustainability and committed to delivering long-term returns that account for the realities of a changing climate and energy sector. As of March 1, 2021, CURE brings together over 145 institutional members, who collectively represent circa $2.5 trillion in assets. Media ContactDan Gagnier / Jeffrey MathewsGagnier Communications+1-646-569-5897CURExxon@gagnierfc.com
The Chancellor was also warned that thousands of small businesses are on the brink of collapse.
The Country Food Trust has secured 34 tonnes of wild venison to distribute to charities and food banks across the UK.
New York, New York--(Newsfile Corp. - March 3, 2021) - Levi & Korsinsky announces it has commenced an investigation of Carrols Restaurant Group, Inc. (NASDAQ: TAST) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/carrols-restaurant-group-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500. There is no cost or obligation to you.Levi & Korsinsky is a nationally recognized firm with offices in New York, ...
Kroll Bond Rating Agency (KBRA) releases its outlook on the corporate aviation sector and examines notable events and trends one year into the COVID-19 pandemic.
Babar Azam and Mohammad Nabi’s century stand lifted Karachi Kings to a six-wicket victory over Peshawar Zalmi on Wednesday in yet another successful chase in the Pakistan Super League. Babar made an unbeaten 77 and Nabi scored 67 off 35 balls as they shared a 118-run fourth-wicket stand off 61 balls in Karachi’s strong chase of 191-4 in 19.3 overs. Earlier, after being put in to bat, Peshawar recovered from 3-34 to reach 188-5 with Ravi Bopara scoring an unbeaten 58 and Amad Butt making a rapid 27 off only seven deliveries.
Sturgeon: claimed leak to Salmond has 'alternative explanation' Scotland’s first minister also says she did not intervene in inquiry into allegations Nicola Sturgeon is sworn in at the parliamentary inquiry into the Scottish government’s handling of harassment complaints against Alex Salmond. Photograph: Jeff J Mitchell/AFP/Getty Images