Jaden McDaniels (Minnesota Timberwolves) with a block vs the New Orleans Pelicans, 01/23/2021
Jaden McDaniels (Minnesota Timberwolves) with a block vs the New Orleans Pelicans, 01/23/2021
Stratasys Direct Manufacturing will be providing high-performance 3D-printed nylon material options to customers of Xometry's global marketplace.
Fifteen of 47 charged HK pro-democracy activists are granted bail but stay in custody pending appeal.
Vroom shares get hit with a wave of selling after a mixed fourth quarter. Here's why.
MILWAUKEE (AP) _ Marcus Corp. (MCS) on Thursday reported a fourth-quarter loss of $39 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Milwaukee-based company said it had a loss of $1.29. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
The "Global Recombinant Proteins Market by Product (Growth Factors, Chemokines, Structural Proteins, Membrane Proteins), Application (Drug Discovery & Development, Academic Research), End-user (Biotechnology Companies, CROs), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
Final results from Kosovo’s Feb. 14 early general election released on Thursday showed that a left-wing party has garnered the the most parliamentary seats, but has fallen short of an absolute majority that would have enabled it to form a government on its own. The Central Election Commission that oversaw the poll said that the Self-Determination Movement, or Vetevendosje!, led by Albin Kurti won 58 seats in the 120-seat Parliament. Kurti, who is expected to be the new prime minister, has said he will need seats from the country’s non-Serb minority to set up his Cabinet.
Yet preparations for NEOM, the $500 billion signature project in Prince Mohammed bin Salman's drive to diversify Saudi Arabia's economy, are well underway. The organisation behind the development, expected to be close to the size of Belgium when it is completed, will hire 700 people this year, according to Simon Ainslie, the venture's chief operating officer. While NEOM is being sold as a vision of a brighter future, international investors have yet to bite.
A search is underway for a head of product design.
Nketiah has not played since January.
The U.S. administration under former president Donald Trump had imposed tariffs on an array of EU food, wine and spirits, including on Scotch whisky, which the industry says are putting its future at risk. "The United Kingdom and the United States are undertaking a four-month tariff suspension to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization," a joint statement said. In December, Britain said it would use its new-found freedom outside the European Union to diverge from the bloc's common trade policy towards the United States, deciding to unilaterally suspend tariffs in hope of unlocking a settlement.
Chris Harrison says he made "a mistake" but that he plans to be back to hosting "The Bachelor," which he's hosted since its 2002 debut.
(Bloomberg) -- In a year when the U.K. is hosting global climate talks and pressing others to adopt more ambitious goals, Chancellor of the Exchequer Rishi Sunak offered little in the way of fresh cash or ideas in his budget.Environmental advocates were largely disappointed by the lack of spending announced on Wednesday. On Thursday, Exchequer Secretary Kemi Badenoch added to their concerns when she said a new 25 billion pound ($35 billion) tax benefit for companies that invest in the U.K. won’t have green strings attached, potentially opening the door to new fossil fuel investments.Sunak’s new “super deduction” will effectively pay companies to invest in the U.K. by reducing their taxable profits by 130%. When Badenoch was asked by lawmakers how she would ensure that didn’t drive investment in carbon-intensive industries, she replied that there was no way to prevent that.“What we’re not going to do is to strangle our economic recovery with regulation that’s not necessary when the government has already set out a big strategy and emphasized this priority for our transition to net zero,” she said. “What we are focused on right now is protecting jobs and livelihoods.”Her comments were described as “deeply alarming” by Green Party lawmaker Caroline Lucas.In his speech, Sunak said that net zero would become a key plank of government economic policy as he instructed the Bank of England to align its monetary policy toolkit with the government’s target to eliminate greenhouse gas pollution by 2050.The central bank has been criticized over its pandemic rescue program and last year it acknowledged that its corporate bond buying program is in line with 3.5 degrees Celsius of global warming -- far exceeding the temperature goals laid out in the Paris Agreement aimed at avoiding the worst effects of climate change.Sunak also announced plans for new green retail bonds and a National Infrastructure Bank with 12 billion pounds ($16.8 billion) of capital. He mentioned a new taskforce that would seek to boost the market for voluntary carbon offsets.Home HeatingYet the budget didn’t include new spending on a home insulation program that is seen as crucial to meeting climate goals. Last month, the government confirmed it was cutting funding for the Green Homes Grant, which helps homeowners switch to more environmentally friendly heating systems.“Meeting the most ambitious climate change targets of any major economy will require more ambition,” said Emma Pinchbeck, chief executive of the trade body Energy U.K. “We need a concerted, cross-government approach,” she said, “particularly on how to make our buildings energy efficient and low carbon.”READ MORE: Hidden Gauge of U.K.’s Zero-Carbon Drive Sits in Your CellarSunak also canceled a planned increase of a tax on auto fuel for the 11th year in a row, in a bid to reduce costs for consumers. A decade of fixed gasoline duties has increased U.K. carbon dioxide emissions by as much as 5%, according to analysis by the website Carbon Brief.The budget didn’t address cutting the value-added tax on green products such as solar panels. Advocates including The Daily Express newspaper have called for the levy to be cut in order to deliver a “green Brexit” as the U.K. leaves the European Union.British Tabloids Get Behind Johnson’s Green Push: Green InsightClimate MandateThe most impact could come from changing the central bank’s mandate. The BoE is set to be the first in the western world to incorporate climate into its monetary policy remit, according to Positive Money, a group that campaigned for the shift.“The government’s economic policy objective has changed. Last year, it was leveling up the regions, now it’s leveling up and net zero, so that’s significant overall,” said Nick Robins, professor of sustainable finance and the London School of Economics and Political Science.(Updates with comments from Treasury minister from second paragraph)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.
British Prime Minister Boris Johnson said on Thursday the latest problems surrounding Brexit and Northern Ireland could be solved with good will and common sense. The EU promised legal action on Wednesday after the British government unilaterally extended a grace period for checks on food imports to Northern Ireland, a move Brussels said violated terms of Britain's divorce deal. "I am sure that with a bit of good will and common sense that all these technical problems are eminently solvable," Johnson said in a pooled interview during a trip to north east England.
BLOCK LISTING INTERIM REVIEW Date: 4th March 2021 Name of applicant:Admiral Group Plc Name of scheme: Admiral Group Plc Approved Share Incentive Plan (“SIP”) Period of return:4th September 2020 to 4th March 2021 Balance under scheme from previous return: 1,615,285 The amount by which the block scheme hasbeen increased, if the scheme has been increased since the date of the last return:Nil Number of securities issued/allottedunder scheme during period:Nil Balance under scheme not yet issued/allottedat end of period:1,615,285 Number and class of securities originallylisted and the date of admission: 09/09/05 3,000,00004/09/092,000,00014/03/12 3,000,00001/09/153,000,00018/09/183,000,000Total14,000,000 Total number of securities in issue at the end of the period296,692,063 Name of scheme:Admiral Group Plc Employee Benefit Trust (“EBT”). Period of return:4th September 2020 to 4th March 2021 Balance under scheme from previous return: 4,038,052 The amount by which the block scheme hasbeen increased, if the scheme has been increased since the date of the last return: Nil Number of securities issued/allotted:2,250,000 Balance under scheme not yet issued/allottedat end of period:1,788,052 Number and class of securities originallylisted and the date of admission: 09/09/05 1,000,00012/04/06 1,500,00007/05/08 3,000,00013/05/10 4,000,00015/10/136,000,00016/09/166,000,00017/09/196,000,000Total27,500,000 Total number of securities in issue at the end of the period: 296,692,063 (Rights to dividends have currently been waived for 5,540,603 shares held by Apex Financial Services (Trust Company) Limited as trustee of the Admiral Group Plc Employee Benefit Trust). Name of contact: Mark Waters,Company SecretaryAdmiral Group PlcLEI Number: 213800FGVM7Z9EJB2685 Telephone number of contact: 0871 882 8282
The "Photography Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Bombardier said on Thursday it is betting on demand for aftermarket services to help hit an estimated $7.5 billion revenue target in 2025, as the company holds its first investor day since becoming a pure play business jet maker. Montreal-based Bombardier plans to cut costs and diversify earnings by capturing a greater share of sales of aircraft products and maintenance packages, at a time when jet deliveries could take years to recover to 2019 levels due to the pandemic. Bombardier said it expects to grow its aftermarket services from roughly 18% of revenue in 2020 to 27% by 2025.
U.S. property data and analytics company CoreLogic Inc rebuffed peer CoStar Group Inc's sweetened buyout offer, saying it required improvement in terms of value. Earlier this week, CoStar raised its offer to buy CoreLogic by adding another $450 million to its original $6.9 billion all-stock proposal, hoping to seal a deal and triumph over another competing bid by private equity firms. Under the new proposal, CoreLogic shareholders would receive $6 per share in cash and 0.1019 shares of CoStar's common stock in exchange for each share of CoreLogic, totaling $90 per share.
(Bloomberg) -- U.K. financial regulators fined and banned a former senior trader at Stifel Nicolaus Europe Ltd. for market abuse after he was found to have manipulated a client’s stock.Adrian Horn was fined 52,500 pounds ($73,000) after the Financial Conduct Authority determined he was effectively trading with himself. Horn carried out the practice, known as “wash-trading,” to try to boost activity and ensure the client remained in the FTSE All Share Index, the FCA said.“Horn’s manipulative trading was serious,” Mark Steward, executive director of enforcement and market oversight at the FCA, said in a statement Thursday. “Wash trading is a form of manipulation which undermines market efficiency and integrity.”The FCA has been cracking down on various forms of market abuse after a period of relative quiet. It fined a London trader 100,000 pounds for giving misleading signals about his trading in September, the first major penalty by the regulator in a market abuse case since 2017.Horn, who agreed to cooperate with the regulator, was aware of the risk that the trading could be seen as market manipulation, the FCA said. He didn’t reply to messages seeking comment.Stifel said in a statement that it notified the FCA about Horn’s trades and cooperated with the probe.Horn, an experienced trader who worked for various financial firms since 1985, carried out the trading by placing orders that matched his sell orders for 10 months through May 2019, the FCA said. He wanted to ensure that a minimum number of shares appeared to change hands so as to keep the stock, McKay Securities Plc, a corporate client, in the FTSE index.In total Horn placed 129 wash trades, which typically accounted for almost 40% of the volume in McKay shares on each given day.(Updates with detail on trading in final paragraph.)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.
The Duke of Edinburgh, the nation’s longest-serving consort, has spent 16 nights in hospital – his longest ever stay.
Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in long-term borrowing costs. Benchmark 10-year U.S. Treasuries were at 1.458% . "Equities and yields continue to both drive and thwart one another," said James Athey, investment director at Aberdeen Standard Investments.