Dan Russo, Chaikin Analytics Chief Market Strategist joins the On the Move panel to discuss the impact of stimulus bill failure on the markets.
Dan Russo, Chaikin Analytics Chief Market Strategist joins the On the Move panel to discuss the impact of stimulus bill failure on the markets.
The NHM workers are being discouraged from getting tested for coronavirus as it may collapse the front line health infrastructure in India.
South Korea's Celltrion Inc said on Monday it has received emergency use authorisation (EUA) from the U.S. Food & Drug Administration (FDA) for its rapid COVID-19 testing kit Sampinute, which boosted shares of the company and its affiliates. Celltrion said Sampinute delivers coronavirus test results within 10 minutes, with a sensitivity of around 94%. The authorisation came three months after requesting approval in late July and the product has already been launched in the United States in August, according to the company statement.
Rays runner tries to steal home in the World Series, which hasn't happened in 18 years.
The Latest on Week 7 in the NFL (all times EDT):___10:12 p.m.Tyler Lockett caught two touchdown passes, Carlos Hyde ran for a touchdown and DK Metcalf saved a touchdown as the Seattle Seahawks built a 27-17 halftime lead over the Arizona Cardinals.The action-packed first half had plenty of highlights, but the most impressive might have been Metcalf’s touchdown-saving tackle of Cardinals safety Budda Baker. Russell Wilson threw an errant pass at the goalline that was snagged by Baker, who looked like he would run untouched for a 98-yard pick-six. But Metcalf never gave up on the play, accelerating over the final 20 yards to chase down Baker at the 8.The Cardinals failed to score on the ensuing possession after Kyler Murray’s fourth-down pass fell incomplete.The Seahawks had 377 total yards in the first half, including Wilson’s 250 yards passing.___10:09 p.mArizona Cardinals linebacker Isaiah Irving has been carted off the field after a collision on a kickoff just before halftime against the Seattle Seahawks.Irving was injured when his head hit the shoulder pad of Seattle’s Travis Homer. Irving went limp and landed face first on the turf, but was moving his extremities before being strapped to a backboard.Players from both teams offered Irving words of encouragement just before he was carted off.Irving signed with Arizona after playing 33 games in three seasons with Chicago.___7:25 p.m.Gardner Minshew threw incomplete on fourth down with 3:56 remaining, and the Los Angeles Chargers have a chance to close out Jacksonville.The Chargers lead 39-29. Jacksonville rallied from a 16-0 deficit and took the lead, but the Jaguars have been blanked in the fourth quarter.___7:10 p.m.Tom Brady moved one touchdown pass ahead of Drew Brees for the career lead.Brady threw his 559th TD pass, a 1-yarder to Tyler Johnson in the fourth quarter against Las Vegas. The throw gave Tampa Bay a 45-20 lead with 3:08 to go.Brees threw two touchdown passes for New Orleans earlier in the day.___7:05 p.m.It took a while for Patrick Mahomes to warm up in the cold, snowy weather before extending his streak to 17 straight games with a passing touchdown.The Kansas City quarterback threw a 10-yard TD strike to Tyreek Hill with 11:15 remaining to put the Chiefs up 37-9 against Denver.Mahomes’ current streak of 17 straight is the longest in franchise history. It’s also the longest active streak in the NFL.Kansas City is well on its way to a 10th straight win over the Broncos.___7 p.m.The Los Angeles Chargers and Jacksonville Jaguars combined for four touchdowns in the final 5:25 of the third quarter.Los Angeles scored three of them and leads 36-29. Justin Herbert has thrown for 300 yards and three touchdowns for the Chargers, and his 5-yard scoring run with 5 seconds left in the period put Los Angeles ahead.Virgil Green injured an ankle while scoring one of those TDs. He caught a 26-yard scoring pass from Herbert to give the Chargers a 22-21 advantage but rolled his ankle while being covered by Jacksonville’s Jos Schobert. Green was helped off the field.— Joe Reedy reporting from Inglewood, California.___6:40 p.m.The New England Patriots benched Cam Newton after he threw his third interception against San Francisco.Jarrett Stidham replaced Newton early in the fourth quarter with the Patriots down 33-6. Newton went 9 of 15 for 98 yards.Earlier in the second half, San Francisco running back Jeff Wilson Jr. injured an ankle. Wilson had his leg twisted up as he was tackled in the end zone after a 7-yard touchdown run — his third of the day — that gave the 49ers a 30-6 lead.— Kyle Hightower reporting from Foxborough, Massachusetts.___6:20 p.m.Raiders offensive lineman Gabe Jackson has been ejected for committing a personal foul after a touchdown for Las Vegas.Jackson was in the middle of a scrum after Darren Waller caught a TD pass against Tampa Bay. Officials called him for unnecessary roughness and then ejected him. Jackson jogged to the locker room after the ejection was announced.Jackson was one of four Raiders offensive linemen who missed most of practice this week for having “high risk” contact with teammate Trent Brown after he tested positive for the coronavirus. The four were cleared to return just hours before kickoff.___6:20 p.m.The Los Angeles Chargers have blown another large, second-quarter lead, this time to the Jacksonville Jaguars.The Chargers jumped out to a 16-0 lead, but the Jaguars have scored 21 unanswered points. Jacksonville took a 21-16 lead with 13:21 remaining in the third quarter when Daniel Thomas blocked Ty Long’s punt and then returned it 16 yards for a touchdown.It is the fourth time this season Los Angeles has squandered a double-digit lead. It was up 11 in Week 2 against Kansas City and had 17-point advantages in its last two games against Tampa Bay and New Orleans.— Joe Reedy reporting from Inglewood, California.___6:10 p.m.Jimmy Garoppolo is up big against his former team, although both quarterbacks have had their share of mistakes.San Francisco leads New England 23-6 in the third quarter. Garoppolo is 14 of 19 for 181 yards with two interceptions, but Cam Newton's day has been much rougher. The New England quarterback is 6 for 10 for 63 yards with two interceptions.The Patriots are trying to snap a two-game losing streak.___5:45 p.m.Patrick Mahomes has a lot of scoring help in the snowy conditions.The Kansas City Chiefs have scored in every phase while amassing a 24-9 lead over the Denver Broncos in the first half.Clyde Edwards-Helaire led off the scoring with an 11-yard TD run in the first quarter. Then, safety Daniel Sorensen picked off Broncos QB Drew Lock and returned it 50 yards for a score.Midway through the second quarter, Byron Pringle was barely even touched in returning a kick 102 yards for a touchdown. He started right, cut back left and was off to the races. The only one close to catching Pringle was teammate Marcus Kemp.___5:05 p.m.Le’Veon Bell rushed for 16 yards on his first carry as a member of the Kansas City Chiefs.Bell glided through a hole against Denver midway through the first quarter on a cold and snowy day in the Mile High City. He’s backing up Clyde Edwards-Helaire. Bell was picked up after being released by the New York Jets.It’s just another weapon for Patrick Mahomes and the high-powered Chiefs.___4:35 p.m.The NFL’s first snow game of 2020 is underway between the Chiefs and Broncos in Denver, where the game time temperature is 14 degrees.That’s the coldest October home game in Broncos history and the third-coldest game in Denver.The same teams played in the snow last December in Kansas City when Patrick Mahomes threw for 340 yards in the Chiefs’ 23-3 win.Before today, the Broncos had played a half-dozen October games with a kickoff temperature of 35 degrees or colder, and most of those didn’t have snow.The previous coldest October game in Denver came on Oct. 12, 1969, against the Raiders when the temperature at kickoff was 23 degrees.— Arnie Stapleton reporting from Denver.___4:25 p.m.The Detroit Lions and Atlanta Falcons have had their share of mishaps in the fourth quarter lately, so it was no surprise when their game against each other was full of them.Ultimately, the Lions prevailed 23-22 on Matthew Stafford's 11-yard touchdown pass to T.J. Hockenson with no time remaining, but the victory wasn't secure until Matt Prater made the extra point, and he had to kick it from 15 yards further back because of a penalty.It looked like Detroit might not get the ball back at all, but Atlanta's Todd Gurley scored a touchdown with 1:04 left when the Falcons could have run the clock all the way down for a winning field goal. Atlanta went ahead 22-16, but Stafford had the ball back and drove the Lions to victory.That was just part of a flurry of close finishes in the early afternoon games.— Pittsburgh edged Tennessee 27-24 in a matchup of unbeaten teams. Stephen Gostkowski missed a 45-yard field goal for the Titans in the final minute.— Cleveland and Cincinnati traded touchdowns in the last 1:06. The Browns won 37-34 when Baker Mayfield threw a 24-yard scoring pass to Donovan Peoples-Jones with 11 seconds left.— Buffalo never scored a touchdown but held off the winless New York Jets 18-10.— New Orleans beat Carolina 27-24. Joey Slye tried a 65-yard field goal on fourth-and-19 for the Panthers, but the kick fell short and the Saints ran out the final 1:55.___3:40 p.m.The Tennessee Titans are staging a furious rally in the day's marquee game.Unbeaten Pittsburgh still leads unbeaten Tennessee 27-24, but the Titans have cut into the lead after trailing 27-7 earlier in the second half.Derrick Henry cut the lead to three with a 1-yard touchdown run with 10:13 remaining. That TD came one play after the drive was kept alive by a defensive holding penalty on fourth down.Several games are coming down to the wire in the fourth quarter: Buffalo leads the New York Jets 15-10, New Orleans is up 27-24 on Carolina, and Cincinnati leads Cleveland 27-24. Atlanta leads Detroit 14-13.Washington is up 25-3 on Dallas, and Cowboys quarterback Andy Dalton was being evaluated for a concussion after being hit in the third quarter.___3:15 p.m.Dallas Cowboys quarterback Andy Dalton went to the locker room after having his helmet knocked off at the end of a scramble in the third quarter against Washington.Linebacker Jon Bostic was ejected and a 15-yard penalty was called after he lowered his shoulder and hit a sliding Dalton in the head.It was a third-and-10 play that began at the Cowboys 3-yard line.Ben DiNucci, a rookie from James Madison, came on to replace Dalton, who has become the Cowboys’ starter in place of the injured Dak Prescott.Dalton was 9 for 19 for 75 yards with an interception Sunday before exiting.Washington is leading Dallas 22-3.— Howard Fendrich reporting from Landover, Maryland.___2:55The AFC East-leading Buffalo Bills still haven't reached the end zone against the winless New York Jets.A long kickoff return gave Buffalo the ball around midfield to start the second half, but the Jets forced a field goal attempt. Tyler Bass connected from 46 yards, but New York still leads 10-9.The Bills won their first four games but are now coming off losses to Tennessee and Kansas City.Elsewhere, Cleveland has pulled into a 17-all tie with Cincinnati, and Houston got on the scoreboard against Green Bay. The Texans still trail 21-7.___2:35 p.m.The showdown between two of the NFL’s last undefeated teams is turning into a Pittsburgh rout at Tennessee.Ben Roethlisberger has thrown two touchdown passes to Diontae Johnson, and Benny Snell Jr. also has a 1-yard TD run as the Steelers jumped out to a 24-7 halftime lead against the Titans.The Steelers have smothered Derrick Henry, who came in as the NFL’s rushing leader, and a Tennessee offence that came in ranked second in the league in both points and yards. Ryan Tannehill has one TD pass to Corey Davis.That was the rare highlight for the Titans, who gave up a 57-yard punt return to Ray-Ray McCloud to set up Roethlisberger’s second TD pass. Then Tennessee had a bad snap on a punt, and punter Brett Kern tried a pass that went incomplete. But Roethlisberger was intercepted to end the half.Pittsburgh has outgained Tennessee 228-83.Elsewhere at halftime, the Packers are rolling in their matchup with Houston. Green Bay leads 21-0. Buffalo, however, is struggling with the winless Jets. New York is ahead 10-6.Cincinnati leads Cleveland 17-10, Atlanta leads Detroit 14-10, and Washington is up 22-3 on Dallas.New Orleans leads Carolina 21-17 early in the third quarter.— Teresa M. Walker reporting from Nashville, Tennessee.2:10The Cleveland Browns lost star receiver Odell Beckham to a knee injury, but they've rallied to tie the game at 10 with Cincinnati.Beckham was hurt while trying to make a tackle after quarterback Baker Mayfield threw an interception on his first pass. Beckham is not expected to return to the game.Beckham’s injury is another setback for the Browns' offence, which is already missing tight end Austin Hooper. He had his appendix removed Friday.Mayfield threw a 3-yard touchdown pass to Harrison Bryant to even the score in the second quarter.___1:45 p.m.At 0-6, New York Jets coach Adam Gase said the team was looking for anything that might help them get a victory.Well, Gase decided to hand off playcalling duties on offence to offensive co-ordinator Dowell Loggains — and it seemed to help give the Jets a bit of a spark.Sam Darnold, making his first start since missing two games with a sprained AC joint in his right shoulder, marched New York down the field before the drive stalled in the red zone. But, Sergio Castillo booted a 29-yard field goal — his first NFL kick — to give the Jets a 3-0 lead.New York is last or near last in several offensive categories, and Gase said two weeks ago he would consider everything to try to jumpstart the offence. He maintained playcalling duties in last week’s 24-0 loss at Miami. But, as the New York Post first reported Sunday, Loggains was calling the plays to start the game against Buffalo.The Jets’ second drive also stalled in the red zone, with La’Mical Perine getting stuffed for a 1-yard loss on fourth-and-1 on the Bills 18.New York leads 3-0.— Dennis Waszak Jr. reporting from East Rutherford, New Jersey.___1:35 p.m.Cleveland Browns star wide receiver Odell Beckham has injured his left knee in the first quarter at Cincinnati.Beckham got hurt while trying to make a tackle after quarterback Baker Mayfield threw an interception on his first pass. Beckham was the intended receiver on the play, but Mayfield badly underthrew him down the right sideline.The Browns said Beckham’s return is questionable.Beckham revealed earlier this week he has been dealing with a toe injury the past few weeks.The three-time Pro Bowler has had a good start in his second season with Cleveland. He came in with 23 catches for 319 yards.Cincinnati leads Cleveland 7-0.___1:25 p.m.Ben Roethlisberger and the Pittsburgh Steelers won the toss and used up more than nine minutes to take an early lead in the showdown of the AFC’s last two undefeated teams.The Steelers went 75 yards in 16 plays over 9:18, and Roethlisberger hit Diontae Johnson for an 11-yard TD that put Pittsburgh ahead of Tennessee 7-0. It was the first time the Steelers scored a touchdown on their opening drive in 23 games.Tennessee and Pittsburgh both came in 5-0 in this game rescheduled by the Titans' COVID-19 outbreak. The Titans have the NFL’s worst defence on third down, and the Steelers converted four third downs on the drive.— Teresa M. Walker reporting from Nashville, Tennessee.___12:55 p.m.A matchup between the AFC's last two unbeaten teams highlights the early games on Sunday's NFL slate when Tennessee hosts Pittsburgh.There are only three undefeated teams remaining in the entire league. Seattle is the other, and the Seahawks have a tough matchup of their own Sunday night at Arizona.The Titans are coming off an overtime win over Houston, and three of their other victories were by three points or fewer.Pittsburgh pounded Cleveland 38-7 last weekend, but the Steelers are being tested by their schedule. They play at Baltimore next after facing Tennessee.___More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFLThe Associated Press
Asian shares got off to a subdued start on Monday as surging coronavirus cases in Europe and the United states threatened the global outlook, while China's leaders meet to ponder the future of the economic giant. The United States has seen its highest ever number of new COVID-19 cases in the past two days, while France also set unwanted case records and Spain announced a state of emergency.
Parts of Nottinghamshire are expected to be the next to enter Tier 3 as the disease continues to spread.
Stars of the stage are positive about the future of theatre as the shadow of coronavirus looms large.
ARLINGTON, Texas — The Latest on Game 5 of the World Series (all times local):8:50 p.m.Manuel Margot was thrown out attempting to steal home, and the Tampa Bay Rays trailed the Los Angeles Dodgers 4-2 in the fifth inning of Game 5 of the World Series.Margot opened the fourth with a walk. He stole second and advanced to third on an error on second baseman Chris Taylor. Hunter Renfroe then walked to put runners on the corners with none out.Kershaw bounced back by retiring Joey Wendle on a popup and fanning Willy Adames for his 205th post-season strikeout, matching Justin Verlander’s big league record. Kershaw then alertly stepped off the rubber when Margot broke for the plate and threw to catcher Will Smith for the final out of the inning.Max Muncy then gave Los Angeles a 4-2 lead with a solo homer in the fifth. Joc Pederson also connected in the second for the Dodgers.___8:25 p.m.Yandy Díaz hit an RBI triple off Clayton Kershaw and scored on Randy Arozarena’s record-breaking single to cut Tampa Bay’s deficit to 3-2 after three innings.A scuffling Tyler Glasnow remains on the mound for the Rays, trying to find his rhythm. The 6-foot-8 right-hander worked around a leadoff single and another wild pitch in the top of the third, striking out Will Smith and Cody Bellinger before Chris Taylor grounded out to end the inning.Kevin Kiermaier beat out an infield single to begin the bottom half on a ball charged and fielded by Kershaw. Díaz then sliced a line-drive triple into the right-field corner that skipped past Mookie Betts, allowing Kiermaier to score. It was Díaz’s first RBI since Aug. 29.Arozarena singled through the left side on a hanging breaking ball to make it 3-2. A frustrated Kershaw yelled and pounded his glove, and Arozarena signalled for the souvenir ball to be taken out of play.With his 27th hit of this post-season, Arozarena set a major league mark. Pablo Sandoval had 26 hits during the 2014 post-season.The rookie slugger also matched Tampa Bay’s franchise record for post-season hits held by Melvin Upton Jr.___8 p.m.Joc Pederson kept up the Dodgers’ attack against Tyler Glasnow, hitting a leadoff home run in the second inning that made it 3-0. Pederson stood at the plate for a moment to admire the shot into Tampa Bay’s bullpen in left-centre field while Glasnow covered his head with both hands.Pederson became the eighth different Dodgers player to homer in this Series, tying the Bash Brothers of the ’89 A’s for the most ever.This is not what the Rays hoped for or needed from Glasnow. The 6-foot-8 ace has walked three so far, the outs against him are loud and he’s already thrown 51 pitches. He got a break, too, when Austin Barnes was caught stealing as he came off second base after beating the throw.For Glasnow, this comes after he walked six and threw a whopping 112 pitches in just 4 1/3 innings of Game 1.Clayton Kershaw also got some help in the bottom half. After Manuel Margot led off the inning with a smart bunt single and moved up on a grounder, do-it-all third baseman Justin Turner made a nifty play on Willy Adames’ bouncer to end the inning.___7:40 p.m.Corey Seager and Cody Bellinger singled in runs off an overthrowing Tyler Glasnow in the first inning as the Los Angeles Dodgers took a 2-0 lead over the Tampa Bay Rays with the World Series tied at two games apiece.Seager advanced on a pair of wild pitches in the first by Glasnow, who was throwing at up to 100.6 mph.Mookie Betts doubled on a 99 mph fastball, driving the ball into left field, and scored two pitches later when Seager pulled a curveball into right field for a single and his 19th post-season RBI.Justin Turner took a called third strike, and Seager advanced on a wild pitch, a safe call by Laz Diaz that was upheld in a video review.Max Muncy drew his 20th walk of the post-season, Will Smith struck out and, after another wild pitch, Cody Bellinger hit a grounder that was stopped by second baseman Brandon Lowe on the right field grass with no play. Seager scored on the infield single, the Dodgers’ 58th run with two outs this season. Glasgow got out of the inning by striking out Chris Taylor.Glasnow needed 34 pitches to get three outs, his most in the first inning this year, and the Dodgers batted for 19 minutes. The two wild pitches in an inning tied a Series record.Yandy Díaz singled off Clayton Kershaw and Randy Arozarena, who hit his ninth post-season homer in Game 4, hooked a slider just foul down the right-field line. Arozarena grounded into a 6-4-3 double play, and Lowe fouled out to catcher Austin Barnes.___7:05 p.m.The Dodgers have three-time NL Cy Young Award winner Clayton Kershaw starting the pivotal Game 5 in the World Series.They could also have Walker Buehler available out of the bullpen against the Tampa Bay Rays.Buehler, who won Game 3 on Friday night and would start Game 7 on Wednesday night if the Series goes that long, didn’t throw his usual between-games side session before Sunday night’s game.The last time Buehler pitched in relief was June 28, 2018, when he was nursing a rib microfracture and rejoined the team after a planned rehab assignment. His only other relief appearances came in his eight games as a rookie in 2017.Big right-hander Tyler Glasnow started for the Rays, a rematch of Game 1 when Kershaw and the Dodgers won 8-3.___5:25 p.m.The roof is closed for Game 5, and might not open again during this World Series.Along with the dreary, misty conditions outside Globe Life Field before the start of Sunday’s game, there was an increasing chance of rain into the night —and beyond.It is the second time in the World Series that the retractable roof at the new $1.2 billion stadium is closed for a game. The other was Game 3 on Friday night, when it was breezy and chilly with a chance of rain.The forecast calls for a 90 per cent chance of rain Monday — a day off for the Tampa Bay Rays and Los Angeles Dodgers — with temperatures in the mid-50s.That drops to a 70 per cent chance of rain Tuesday, when Game 6 will be played, but back up to 90 per cent with temperatures staying in the 40s Wednesday, when a seventh game would be played, if necessary.___More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_SportsThe Associated Press
(Bloomberg) -- Amazon.com Inc. secured relief in its dispute with Future Group after a court put a temporary hold on the debt-strapped Indian conglomerate’s $3.4 billion deal to sell assets to billionaire Mukesh Ambani’s Reliance Industries Ltd.An arbitration court in Singapore restrained Future Retail Ltd. and its founders from going ahead with the sale, according to people with knowledge of the matter who asked not to be identified as the proceedings were private. The ruling was on Amazon’s request for an interim order before main tribunal hearings start.In a statement issued late Sunday in Mumbai, the U.S. e-commerce giant said it got all the relief it sought, without providing specifics.“We welcome the award of the Emergency Arbitrator,” Amazon said. “We remain committed to an expeditious conclusion of the arbitration process.”Representatives for Future Group, which has a partnership with Amazon in India, declined to immediately comment when reached outside of business hours in India.The ruling marks provides some respite for Amazon as it seeks to halt a deal that could give Ambani, Asia’s richest man, unparalleled dominance in the race for India’s estimated $1 trillion consumer retail market. Reliance is already India’s biggest brick-and-mortar retailer and has ambitious plans for the online segment that would see it take on Amazon in what is a rising market. Battle LinesAmazon drew the battle lines earlier this month when it accused Future of violating a contract between the two sides by agreeing to a buyout by Reliance. The deal would have been a bailout for Future, which faces another potential cash crunch as competition in the Indian retail space intensifies and the economy slows amid the coronavirus pandemic. A spokeswoman for the Seattle-based e-tailer told Bloomberg on Oct. 8 that it had initiated steps to enforce its contractual rights with Future, without giving more details. The deal between Reliance and Future, announced late August, is awaiting regulatory approval, which won’t necessarily be delayed by the Singapore court’s order.Amazon agreed to purchase 49% of one of Future’s unlisted firms last year, with the right to buy into their flagship, Future Retail, after a period of between three and 10 years. But about two months ago, rival Reliance announced it would buy the retail, wholesale, logistics and warehousing units of the indebted Future Group, almost doubling its footprint.In May, Amazon was considering increasing its stake in Future’s retail unit to as much as 49%, people familiar with the matter said at the time. But that transaction didn’t materialize in time for Future, seeing it instead cut a deal with Ambani’s refining-to-retail conglomerate.Blocking Reliance’s rising stronghold on India’s retail sector is crucial for Amazon if it wants to dominate the only billion-people plus consumer market that’s still open to foreign firms.(Updates with Amazon-Future partnership in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Locals in Australia's second-biggest city have spent more than 100 days in a strict lockdown.
The veteran broadcaster enjoyed a long career at the BBC and was well known for hosting programmes such as Grandstand and Breakfast Time.
KUALA LUMPUR, Malaysia — Malaysia's king on Sunday rejected a proposal by embattled Prime Minister Muhyiddin Yassin to declare a state of emergency to fight a new outbreak of the coronavirus. The plan by Muhyiddin, which involves suspending Parliament, has sparked national outrage, with critics slamming the move as an undemocratic means for him to hang on to power amid challenges to his leadership. The palace said in a statement that Sultan Abdullah Sultan Ahmad Shah “is of the opinion that there is currently no need for His Majesty to declare a state of emergency in this country or any part of Malaysia." Hours later, Muhyiddin said the Cabinet took note of the king's decision and will further discuss the decree. “The priority of the Cabinet and the government at this time is to protect citizens from the COVID-19 disease," he said in a brief statement. He also welcomed the king's advice to ensure his government's stability. Local media said the Cabinet is expected to meet later Monday. Sultan Abdullah, who earlier Sunday conferred with other royal households on the emergency proposal, said the government has handled the pandemic well and believes Muhyiddin is capable of implementing measures to cope with the crisis. But the monarch called for a halt to “all politicking" that could disrupt the government's stability. The king can declare a state of emergency that allows the country to be governed through ordinances that cannot be challenged in court. Muhyiddin took power in March after instigating the cause of the former reformist alliance, but his government is shaky, with only a two-seat majority in Parliament. Opposition leader Anwar Ibrahim has alleged that he has the support of a majority of lawmakers to topple Muhyiddin, but hasn't managed to secure the monarch's support. Still, Muhyiddin faces a key test early next month when his government is due to seek approval for its 2021 budget in Parliament. If he is unable to pass the bill, pressure will build for him to resign or call new elections. A state of emergency could allow him to delay that vote and consolidate support. The king said there was “no need for MPs to continue with irresponsible actions that can affect the stability of the government." He stressed that the budget is crucial in the fight against COVID-19 and to restore the economy, and urged Malaysians to unite to stem the virus's spread. Many Malaysians praised the king's decision on social media. Despite the king's rebuff, his endorsement of Muhyiddin's government may help the premier get the budget bill passed. Malaysia’s coronavirus cases doubled to more than 26,000 in just three weeks following a new outbreak, mainly in Sabah state on Borneo island. Politicians from both sides of the divide as well as the Bar Council, the medical association and other groups have said there is no need for an emergency decree because there are sufficient laws to curb public movement and impose penalties to curb the virus. Some also have warned that declaring an emergency could plunge the country into a dictatorship and ruin the economy. Some media outlets have cited sources as saying that Muhyiddin wanted an “economic emergency” to merely suspend Parliament, without any curfew. The last time emergency laws were invoked nationally was in 1969 during deadly racial riots. Muhyiddin withdrew his party from Anwar's reformist alliance that won 2018 elections and joined with the opposition to form a Malay-centric government in March. Then-Prime Minister Mahathir Mohamad resigned in protest, saying he wouldn’t work with the corruption-tainted opposition that he ousted in 2018 polls. Apart from Anwar, Muhyiddin also faces threats from the key ally in his ruling coalition, which is angry about being sidelined despite being the biggest party. Eileen Ng, The Associated Press
Big Little Lies star Nicole Kidman returns to HBO for some more lies.
In a preview for next week's episode of The Real Housewives of Potomac, Monique Samuels files a counterclaim against her former friend after being charged with assault
"60 Minutes" aired Lesley Stahl's contentious President Trump White House interview, which Trump ended abruptly claiming the questions were not fair.
(Bloomberg) -- Oil extended its slide to a second day on a toxic cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.Futures in New York fell toward $39 a barrel after dropping 1.9% on Friday. The U.S. reported record infections for a second straight day, while Italy approved a partial lockdown and Spain announced a national curfew. Democrats and Republicans accused each other of “moving the goalposts” in interviews on CNN as hopes for a deal before next week’s election appeared to be in tatters.The worsening demand outlook is coinciding with Libya’s push to almost double crude output, which is gaining momentum as rival sides prepare for a new round of talks aimed at ending a nearly decade-long conflict. A force majeure has been lifted on the Ras Lanuf and Es Sider ports, and the country’s state oil company said output would surpass 1 million barrels a day in four weeks.A little more than six months after Covid-19 sent oil prices into a tailspin, a second wave is threatening to take another bite out of energy demand. There are several reasons why a repeat of April’s bloodbath is unlikely, however. Flagging consumption isn’t coinciding with a price war, governments may be less likely to impose major lockdowns and demand in Asia is holding up.See also: It’s Asia to the Rescue Again as Oil Demand Falters Elsewhere“Demand issues tied to resurgent virus cases have taken the market’s attention for the past few weeks,” said Daniel Hynes, a senior commodity strategist at Australia & New Zealand Banking Group Ltd. “The supply side issues have now certainly started to gain a little bit more prominence with Libya suggesting that their supplies will rise significantly over the next couple of months. That presents a new headwind for OPEC.”Brent’s three-month timespread widened to 97 cents a barrel in contango - where prompt prices are cheaper than later-dated ones - from 86 cents on Friday. The change suggests concerns about over-supply have risen slightly.If virus cases keep rising in Europe and the U.S., it’s possible the OPEC+ alliance will push back a planned easing of production cuts from January. Russian President Vladimir Putin last week signaled openness to delaying the taper. The group will decide on whether to stick to the current plan at a meeting scheduled for Nov. 30-Dec. 1.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Harvest Technology Group Ltd (ASX:HTG) shareholders might be concerned after seeing the share price drop 14% in the...
Australia on Monday condemned Qatar authorities' treatment of women passengers on a flight to Sydney who were subjected to internal examinations after a newborn baby was found abandoned at a Doha airport. The women, including 13 Australians, were examined at Hamad International Airport on October 2 after Qatar Airways Flight 908 to Sydney was delayed. Australia's foreign affairs department described the treatment of the women as inappropriate and beyond circumstances in which they could give free and informed consent. "This is a grossly, grossly disturbing, offensive, concerning set of events," Foreign Minister Marise Payne said. "It's not something that I've ever heard of occurring in my life, in any context. We have made our views very clear to the Qatari authorities on this matter." Australia would await a report from the Qatari government before "we will determine the next steps", Ms Payne said. She said the incident had been reported to Australian Federal Police, but did not explain which action police might take.
National Security Adviser Robert O'Brien joins 'The Next Revolution' to compare Trump's and Biden's foreign policy accomplishments.
Your Moulin Rouge-adoring mind was not playing tricks on you: That was indeed Undoing star and exec producer Nicole Kidman singing a cover of "Dream a Little Dream of Me" in the HBO limited series' opening title sequence. The song choice is, of course, drenched in irony given the six-episode thriller's dark premise and, you know, […]