Palm Beach Lakes boy's basketball protects home court in their win over Park Vista.
NEW YORK (AP) — Donald Trump plans to build 2,300 luxury homes at his Doral golf resort in the Miami area, part of a flurry of recent moves to revive a family business suffering from the one-two punch of a divisive presidency and coronavirus shutdowns. In a news release Monday, the 45th president called the plans for his sprawling Trump National Doral resort “perhaps the most exciting development in the country” but was short on details such as the size of the homes and what they may cost. The r
U.S. stock indexes rose on Thursday on strong earnings reports, while bargain hunting boosted mega-cap growth companies after the Nasdaq index plunged into correction territory in the previous session. The Nasdaq has had a rough two months since hitting a record peak in November, with investors dumping tech stocks on expectations that the Federal Reserve would aggressively raise interest rates to tame inflation. Recovering somewhat from Wednesday's selloff, growth companies such as Microsoft Corp and Tesla Inc gained 2.5% and 3.8%, respectively.
B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its total gold production and consolidated gold revenues for the fourth quarter and full-year 2021, in addition to its production and budget guidance for 2022. All dollar figures are in United States dollars unless otherwise indicated.
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ZURICH (Reuters) -Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world's second-largest luxury group said on Wednesday. Sales at Richemont rose to 5.658 billion euros ($6.41 billion) in the company's third quarter ended December, a 32% increase when currency swings were removed. The performance was 38% better than the 2019 Christmas quarter before the pandemic hit, Richemont said in a statement.
Canada's food manufacturers are cutting capacity and focusing on key products as they confront labour shortages and supply chain bottlenecks that show no signs of easing. Shipping backlogs, delays in obtaining packaging and ingredients and high worker absenteeism due to COVID-19 isolation protocolsare interfering with the availability of certain products, experts say. The situation has prompted some food suppliers to inform grocers about the steps they're taking to fulfil orders, including findi
JAKARTA, Indonesia (AP) — Indonesia’s leader said Thursday that his country, which holds the presidency of the Group of 20 biggest economies this year, sought to strengthen global partnership and inclusiveness to aid the economic recovery amid a resurging COVID-19 pandemic. In an online address to the World Economic Forum, Indonesian President Joko Widodo committed to making the G-20 presidency an important part of the response, with a focus on inclusive health care, the digital transformation a
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United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. United said its priority is to match capacity with demand. United's shares declined about 2.5% to $43.31 in extended trading.
Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country on the continent. Africa will be the U.S. company's 37th "cloud region" - an area that allows customers to get faster access from a local data centre, in this case in Johannesburg.
U.S. Attorney General Merrick Garland plans to meet with relatives and lawyers of victims of fatal Boeing 737 MAX crashes after some challenged a deferred prosecution agreement struck with the planemaker, the Justice Department said. In December, some victims' relatives said the Department had violated their rights when it struck the January 2021 agreement with Boeing over the two crashes in a five-month period that killed 346 people. They filed a motion arguing the United States government "lied and violated their rights through a secret process", and asked a U.S. judge to rescind Boeing's immunity from criminal prosecution, which was part of the $2.5 billion agreement, and order the planemaker publicly arraigned on the felony charges.
A key group of China Evergrande's international creditors said on Thursday they were ready to take "all necessary actions" to defend their rights if the property developer did not show more urgency to resolve a default. Evergrande is the world's most indebted property company, with more than $300 billion in total liabilities, which include nearly $20 billion of international bonds all deemed to be in default after a run of missed payments late last year. The creditor group, represented by law firm Kirkland & Ellis and investment bank Moelis, said in a statement it had to "seriously consider" enforcement action after a lack of engagement by the firm at the heart of China's property crisis.
New York Attorney General Letitia James said late on Tuesday that former U.S. President Donald J. Trump's family organization used "fraudulent or misleading" asset valuations to obtain economic benefits, including loans, insurance coverage, and tax deductions. James also took legal action to compel Trump and his adult children Donald Trump Jr. and Ivanka Trump to appear for sworn testimony as part of her office’s civil investigation into the Trump Organization's financial dealings. "Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit," James said in a statement.
The chip and supply chain shortages of 2021 have been difficult for automakers and consumers alike. But something positive has emerged from the chaos for 2022: more new car introductions. Among other things, the shortage forced many brands to delay the release of all-new and redesigned vehicles that were originally scheduled for 2021. To help you sort through the debuts, the experts at Edmunds have compiled a list of the five hottest vehicles that will arrive at dealerships in the next six to ni
The Canadian dollar edged up against its broadly stronger U.S. counterpart on Tuesday as oil prices climbed to their highest level since 2014 and investors bet that the Bank of Canada would raise interest rates as soon as next week. The move higher in crude prices "is supporting some oil proxies in the FX space," said Bipan Rai, North America head of FX Strategy at CIBC Capital Markets. Canada is a major producer of oil, which settled 1.9% higher at $85.43 a barrel as possible supply disruption after attacks in the Middle East added to an already tight supply outlook.
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Ontario’s online sports betting and gambling market is expected to generate nearly a billion dollars in gross revenue in its first year.
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BRUSSELS (AP) — European Council President Charles Michel on Wednesday became the second top-level European Union official who has had to pull out of the bloc’s parliament session because of contact with someone who tested positive for the coronavirus. European Commission President Ursula von der Leyen already canceled her attendance on Monday. Michel said “I have been informed that I was in close contact with someone who tested positive,” Michel said. “Therefore I will not be able to attend” th
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