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China’s Ant group may have been dealt a setback with the shelving of its IPO but European banks remain wary that Chinese tech giants may soon be their main competitors. The European finance sector has in recent years seen the emergence of a large number of startups — called fintech — which have sought to […]
#Coronavirus #Vaccines G20 leaders said Sunday they will “spare no effort” to ensure fair distribution of coronavirus vaccines, but the united front was punctured by Germany’s Angela Merkel who said progress was too slow. At a virtual summit hosted by Saudi Arabia, the world’s richest nations pledged resources to shore up the pandemic response, and […]
#Coronavirus #Vaccination #vaccine The United States hopes to begin coronavirus vaccinations in early December, a top government health official said Sunday, the latest positive news to emerge even as cases surge across the worst-hit nation and elsewhere around the globe. The beginning of vaccinations could be a crucial shift in the battle against a virus […]
Five Group One winners feature in a final field of 14 for this month’s £500,000 Bahrain International Trophy after the supplementary stage closed. Aidan O’Brien is set to saddle 2019 Irish Derby hero Sovereign, last year’s Queen Anne Stakes winner Lord Glitters represents David O’Meara, dual Canadian International Stakes winner Desert Encounter runs for David […]
Golden Slipper winning sire Capitalist just missed siring two new winners on Saturday, but the potential shown by Forbes and Snowdrop was impossible to miss. The Anthony and Sam Freedman trained colt Forbes was highly regarded when making his debut in the Listed MRC Merson Cooper Stakes at Sandown and delivered a terrific performance to […]
Larneuk in the picturesque Gooram Valley of Victoria is coming to the end on the 2020 breeding season but it is not too late to secure a spot to one of the 5 Stallions on offer so Book Now. The 2020 Season will go down in history as the Covid Season and the Industry seems […]
When you leave high school or university it’s hard to know what your next step should be – there are so many career choices. It’s even harder to know what a job will be like when you do it and whether it is going to be the right fit for you. The thoroughbred industry is […]
Thoroughbred Breeders Victoria (TBV) celebrated the successes of the Victorian industry virtually last night. Brought to viewers by Michael Felgate and Charmein Bukovec, headlining the awards were the IRT Champion Victorian sire, TAB Champion Victorian-bred racehorse and the TAB Champion Victorian breeder awards. For a fifth consecutive year, Woodside Park’s Written Tycoon won the IRT […]
For the second time this spring the Melbourne based pedigree analyst Kristen Manning was cheering home a stakes winner when, at Doomben on Saturday, Jonker raced away to a record-breaking victory in the Listed Keith Noud Quality. Having his first run for the Tony Gollan stable, the son of Spirit Of Boom was the medium […]
Top-class mare Sweet Deal (Casino Prince x Dorothy Evelyn) posted a career best performance to win today’s $1m TAB The Hunter at Newcastle.The John Thompson trained mare, already a dual winner in group company, took her earnings past the $1.35m mark with today’s effort.Sweet Deal was a $67,500 purchase by Boomer Bloodstock from the draft […]
#Pfizer, #Moderna, #Novavax: executives at several American laboratories developing Covid-19 vaccines have recently pocketed millions of dollars by selling shares in their companies — raising questions about the propriety of such a move in the midst of a national health crisis. On the very day that pharmaceutical giant Pfizer announced preliminary data showing its vaccine […]
Unprecedented support from breeders across Australasia has led to Magic Millions unveiling a star studded catalogue, to sell across seven consecutive days for the first time, at the 2021 Gold Coast Yearling Sale. A quality line up of 1273 lots has been confirmed by vendors for a seven day selling extravaganza, including a record 962 lots to […]
Sentiment among Republican consumers plunged this month after US Electoral fiasco, according to a survey released Friday. Fears rise that surging Covid-19 cases will worsen the economy also hit the University of Michigan’s consumer sentiment index which fell to 77.0 early this month, a worse-than-expected drop of nearly six percent from October. Consumers’ views of […]
A swathe of new restrictions to curtail a second wave of coronavirus infections were announced or came into force from Austria to Greece, Italy to Portugal on Saturday as the global death toll climbed above 1.3 million. More than 53 million have been infected worldwide by Covid-19, which is running rampant throughout America and Europe, […]
Conservatives backing widespread claims of election malfesance have sparked a migration to alternative social media sites which have refrained from pushing the Left-Wing agenda. The shift has boosted free speech favorites like Parler, Newsmax and Rumble which have rejected the approach of Facebook and Twitter in labeling and limiting the reach of opinions and facts […]
Fifteen countries will on Sunday sign a sprawling Asian trade deal they hope will help them bounce back from the pandemic and which is seen as a huge coup for China in extending its influence. The Regional Comprehensive Economic Partnership (RCEP) — which includes 10 Southeast Asian economies along with China, Japan, South Korea, New […]
Juddmonte is pleased to announce the 2021 nomination fees for its five European stallions, standing at Banstead Manor Stud near Newmarket. BATED BREATH – £12,500 SLFEXPERT EYE – £12,500 SLFFRANKEL – £175,000 SLFKINGMAN – £150,000 SLFOASIS DREAM – £20,000 SLF FRANKEL achieved a significant landmark in 2020 when he became the fastest stallion to sire 40 Group […]
Darley’s 2021 roster features Europe’s best juvenile for 25 years, the best racehorse in the world this year and fees designed to support the breeder. Liam O’Rourke, Director of Stud, Stallions & Breeding, said, “We know that breeders are facing unpredictable times and have reflected this in our fees, in Europe and the United States.” […]
A ground-breaking Directory is launched today highlighting British horseracing’s commitment to helping communities improve their health, wellbeing and education, including bringing them closer to horses. A ‘first of its kind for racing’, the development of this Directory of charitable and community activity is seen as an important contributor to the sport’s recovery plan and its […]
Total all-sources handle for the two-day Breeders’ Cup World Championships at Keeneland Race Course was $160,472,894, the sixth-highest total since the Breeders’ Cup expanded to a two-day event in 2007 and an 8% decrease from the 2019 record handle of $174,000,574 at Santa Anita. The two-day total handle represented a 7% increase from the 2015 Championships at Keeneland. […]
Michael Yates has steadily built a reputation as a most astute trainer of 2-year-olds in South Florida, and the Ocala breeder/owner/trainer will put that reputation on the line Saturday at Gulfstream Park West, where he’s scheduled to saddle strong contenders in the $60,000 Juvenile Sprint and the $60,000 Juvenile Fillies Sprint. The two 6 ½-furlong […]
Tying for the overall session lead with a colt by Mendelssohn and one other horse, Uncle Mo’s daughter Sex Symbol (3f Uncle Mo x Icon Project, by Empire Maker) sold for $300,000 at the Keeneland November Sale on Thursday. Purchased by Green Lantern Stables from the Bluewater Sales consignment, the filly is out of Grade […]
The Aga Khan Studs are pleased to announce the fees for their five Irish and French-based sires for 2021, and would like to take this opportunity to thank breeders for their continued support during the current difficult global context. Gilltown Stud’s Arc hero SEA THE STARS accomplished another fine season in 2020, highlighted by the […]
The US government announced Thursday it would delay enforcement of a ban on TikTok, saying it would comply with a court order in favor of the Chinese-owned social media sensation. The hit shortform video app was forbidden based on national security concerns voiced by US officials but the Commerce Department said it was holding off […]
Walt Disney Co. on Thursday reported a hefty loss in the just-ended quarter as the global pandemic hit its theme parks and cinema operations, but shares rose on gains in its new streaming television service. The media-entertainment powerhouse reported a loss of $710 million in the period ending October 3, compared with a $777 million […]
Britain’s economy enjoyed a record third-quarter rebound from its deepest ever recession, data showed Thursday, but experts predict another slump after fresh coronavirus restrictions were introduced to curb the pandemic. Gross domestic product (GDP) expanded by 15.5 percent in the July-September period, after an initial coronavirus lockdown was eased, the Office for National Statistics said […]
Whip Rules are a hot topic in the racing industry around the world but there has been very little presented as factual data on either side of the debate. A lot of the Animal Welfare groups have presented studies and many of them contradict the other. The use of whips in Thoroughbred racing in Australia […]
The EU parliament and member states struck a deal Tuesday to pass the bloc’s trillion-euro 2021-2027 budget, MEPs and diplomats said, unblocking another 750 billion euros in coronavirus recovery funds. The accord caps four months of intense wrangling over spending priorities agreed at a marathon leaders’ summit in July. “The agreement has been reached following […]
#alibaba #singlesday $BABA The world’s largest online shopping bonanza began in China Wednesday with an army of workers and robots primed to sort packages, and international superstars hired to drive sales, on “Singles’ Day”. Conceived as an antidote to Valentine’s Day by BABA, the event falls on the eleventh of the eleventh — with all […]
#Boeing $BA said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes. The American aviation giant, which has been battered by the MAX crisis as well as the fallout from […]
#COVID19 #VACCINE The United States could be the first country to launch one of the most ambitious vaccine operations in history: distributing and administering up to 600 million doses of a Covid-19 vaccine in just a few months. Massive vaccine campaigns are nothing new — they have been carried out for decades in the fight […]
#horseracing #ireland #thecurragh Irish Jockey Mark Gallagher has been nominated for an award after an incredible display of skill taking our own Allora Yeats from last to 1st this year at The Curragh. The Curragh Awards acknowledge the outstanding achievements during 2020 and presents an opportunity for the public to be involved in determining the champions of […]
Sometimes in this ‘new normal’ life it pays to just embrace the unexpected, writes James Toney. Top Belgian jockey Christophe Soumillon was due to take rides on Irish raiders Order of Australia and Tarnawa at the Breeders’ Cup in Keeneland. But a late positive test for Covid-19 meant he watched from the quarantined sidelines as […]
The Conference Board Employment Trends Index™ (ETI) increased in October, the sixth consecutive monthly increase since May. The index now stands at 97.57, up from 96.33 (revised) in September. However, the index is still down 11.1 percent from a year ago. “While the Employment Trends Index increased in October, this month marks the smallest increase […]
Fast-food giant McDonald’s saw earnings beat expectations on a US sales rebound in the most recent quarter, but the chain said Monday it remains cautious about the outlook amid a spike in Covid-19. Nearly all of the chain’s restaurants were open during the quarter, and US sales got a boost from new offerings including Spicy […]
The COVID-19 pandemic has impacted all businesses including the professional services market significantly. Corporate transactions especially mergers and acquisitions (M&A) and how these are conducted are expected to witness a transformational change in the post-COVID-19 world. As the conventional metrics and approaches may no longer be fully appropriate in the new normal, the focus on technology […]
Virgin Hyperloop made history today as the first passengers successfully traveled in a Hyperloop pod. The significant investment made by Dubai-based DP World, the leading global provider of smart logistics solutions, in the research and development of hyperloop technology, has played an instrumental role in today’s milestone. Sultan Ahmed bin Sulayem, Chairman of Virgin Hyperloop […]
US markets appeared ready to welcome the possible election of Joe Biden, with futures for the major New York Stock Exchange indices rising on Sunday evening ahead of the week’s trading. At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 percent, on the Nasdaq by 1.28 percent and on […]
#JOEBIDEN #STOPTHESTEAL #ELECTIONS Get ready America, forget the vote rigging, mail fraud etc it is all too late now. The media and the polling stations are just holding off announcing the winner to get you use to the idea, Joe Biden one of the most incompetent politicians ever is about to be President. AOC and […]
Matching his 2017 title-winning tally of 100, Colin Keane is the Irish champion jockey for a second time. The 2020 Flat season concludes at Naas Racecourse tomorrow where Gavin Ryan will be crowned champion apprentice. Aidan O’Brien and Mrs Sue Magnier are once again the champion trainer and champion owner respectively. Keane, from Trim, County […]
The Bank of England on Thursday unveiled an extra £150 billion in cash stimulus and forecast a deeper coronavirus-induced recession as England began a second lockdown. Holding its benchmark interest rate at a record-low 0.1 percent, the BoE added that it was lifting quantitative easing (QE) stimulus by the equivalent of $195 billion as it […]
General Motors reported a jump in third-quarter earnings Thursday as the auto giant cited strong recoveries in the US and China following a big sales hit amid the coronavirus pandemic. GM scored a 72 percent increase in profit to $4.0 billion from the year-ago period on revenues of $35.5 billion, roughly flat compared with last […]
Chinese e-commerce leader Alibaba on Thursday reported solid 30 percent year-on-year revenue growth for the July-September quarter, providing some much-needed good news amid turmoil over its Ant Group affiliate’s abandoned IPO. Hangzhou-based Alibaba said revenue — a key measure of the internet giant’s business health as well as overall Chinese consumer spending — rose to […]
China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite. Global markets were stunned Tuesday when Ant’s record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of […]
#joebiden #election #china If you are looking where to invest in the likely event Joe Biden is given the US Election via some very sketchy mail in voting, you don’t need to look past his employer. China is the big winner in this years US Election, the trade war will end, Chinese stocks will be […]
Fintech giant Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with regulators just ahead of its record-breaking IPO this week. The firm’s Alipay platform has helped revolutionise commerce and personal finance in China, with consumers using […]
Twenty-three European horses arrived at the Keeneland quarantine barn just before 11 p.m. Friday. The grooms reported that all the horses traveled well and have settled into their new surroundings. The shipment, which included English and Irish classic winners Kameko (Mile) and Siskin (Mile), will stay in quarantine until clearance on Sunday evening and will be on the training […]
Led by this year’s Triple Crown race winners Tiz the Law, Authentic and Swiss Skydiver; multiple Grade 1 winners Improbable and Maximum Security; and Irish Champion Stakes (G1) winner Magical (IRE), 201 horses, including 39 from overseas, have been pre-entered for the 2020 Breeders’ Cup World Championships. The 37th Breeders’ Cup World Championships, Thoroughbred racing’s most prestigious two-day global event, consisting of 14 races with […]
by Mike Hedge at Godolphin Avilius, a horse who began his career in France and nourished it in Australia, is primed and ready to give Godolphin its second Melbourne Cup in three years when he steps out in Tuesday’s Group One test at Flemington. Trainer James Cummings will send Avilius to the start in peak […]
Lingfield Derby Trial victor English King (3c Camelot – Platonic, by Zafonic) smashed records when selling to Australian interests for 925,000gns at the Tattersalls Autumn Horses In Training Sale on Wednesday. The Ed Walker-trained wildcard entry was expected to prove popular, but few could have predicted the manner in which he surpassed the previous 625,000gns […]
by Kristen Manning Cheers from Western Australia on Saturday as the exciting colt Portland Sky recorded a dominant victory in one of W.S Cox Plate day’s features the, $200,000 Gr.3 Red Anchor Stakes. The Matt Laurie trained three-year-old was having just his fourth start on the back of a couple of somewhat unlucky runs at […]
Pride of Dubai is the reigning Champion Australian First Crop Sire and the dual Group I winning son of Street Cry is also making his presence felt in the Northern Hemisphere where he has sired more stakes-winners than any other first season sire this year in Europe. Pride of Dubai added a new stakes-winner to […]
As more Americans hit the road this upcoming holiday season, Miami Beach is ready to welcome visitors, inviting them to experience a vacation – in a paradise getaway – that’s only a drive away, ideal for travelers looking to relax. With beach destinations high on travel lists this year, Miami Beach, a city like no […]
KPMG LLP and Coin Metrics, Inc. have entered a strategic alliance to deliver trusted data & insights, proprietary analytics and cryptoasset services to support growth in institutional adoption of cryptoassets and public blockchains. This alliance pairs Coin Metrics’ full-suite of institutional data products and infrastructure with KPMG Chain Fusion, a patent pending suite of capabilities […]
Seventy-three percent of all health care organizations surveyed expect to increase their AI funding in 2020. Making processes more efficient (34%) is the top outcome health care organizations are trying to achieve with AI. Health care organizations reported their top AI risk concern is the cost of the technologies (36%). Why this mattersWhile the pandemic […]
Airline industry revenues are expected to remain 46 percent lower in 2021 than the $838 billion booked in the last pre-coronavirus year of 2019, industry body IATA said Tuesday in a marked worsening of its forecasts. Its previous outlook for a smaller drop of 29 percent “was based on expectations for a demand recovery commencing […]
US consumers were feeling less confident in October, a survey said on Tuesday, as rising coronavirus cases and a lack of economic stimulus clouded the forecast for the months ahead. The Conference Board’s Confidence Index was at 100.9 this month, below expectations for it to increase further after it jumped to a downwardly revised 101.3 […]
German software giant SAP on Sunday downgraded its outlook for 2020, saying a resurgence in coronavirus cases would weigh on demand from “hard hit” customers. The Walldorf-based group, which offers both traditional software and cloud computing services, where companies pay a subscription fee to store their data on remote servers, said it had benefitted from […]
Asian markets were mixed Monday with traders increasingly pessimistic that US lawmakers will pass a new stimulus package before next week’s election, while spiking virus cases fanned worries about the economic impact of new containment measures. Despite months of arduous talks in Washington, there appears to be little chance Republicans and Democrats will hammer out […]
#Facebook $FB has demanded that New York University pull the plug on a research project into the platform’s targeting practices for political ads, saying it is a violation of terms to collect user data. “A week ago, Facebook sent me a (cease and desist order) asking us to take down AdObserver and delete our data. […]
#Amazon, #Apple, #Facebook, #Microsoft, #Twitter #Google Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the pandemic, and fresh attacks from lawmakers ahead of the November 3 election. With backlash against Silicon Valley intensifying, the companies will seek to reassure investors while at the same time fend […]
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an AED500 million economic stimulus package to support various […]
Dubai Racing Club has announced the programme for the 2021 Dubai World Cup Carnival, as racing returns to the iconic Meydan Racecourse. While the Carnival opens in January, the first race meeting of the 2020-21 racing season is scheduled for November 5, 2020. Racing will be conducted under guidelines from the UAE government; further details […]
German auto giant Daimler, maker of Mercedes-Benz, said Friday that it was upgrading its earnings forecast for the whole of 2020 after group profits rose in the third quarter. “The key figures reflect a good performance based on improving markets and strong products, combined with diligent cost discipline and extensive cash-preservation measures,” the carmaker said […]
Could a new Tesla-like upstart be the savior of a once-mighty Ohio steel region ravaged by deindustrialization? Lordstown Motors has lofty ambitions for its flagship Endurance electric pickup truck to lead the way. The new company is poised to begin trading on Nasdaq on Monday with the ticker symbol “RIDE,” after shareholders on Thursday cleared […]
Set to have his first runners in Australia this season, Triple Crown hero American Pharoah posted his first Group I winner in North America when quality filly Harvey’s Lil Goil (3f American Pharoah x Gloria S, by Tapit) won the Group I Queen Elizabeth II Challenge Cup ( 1/8th mile) at Keeneland. Trained by Bill […]
Ghaiyyath, the best ever son of Dubawi who put up not one, not two, but three of the four best performances of any racehorse in the world this year, has been retired from racing and will stand at Kildangan Stud next year. He retires with four G1 victories to his name, three of which he […]
This event honours the memory of a stallion who played an important role in the establishment of French thoroughbred breeding in France. Created in 1861 under the name of the Grand Prix du Prince Impérial, it was originally run over a distance of 2 miles. Rechristened the Prix Royal Oak in 1869, its distance was […]
Unbeaten in four outings and particularly impressive when winning the 1m1f Prix de Condé (Gr3), the Aga Khan homebred Malakoun (Bated Breath) gives the feeling of being able to aim higher now. And further, too, which is why the 1m2f trip of the Critérium de Saint-Cloud (Gr1) was chosen by his trainer Jean-Claude Rouget for […]
Senate Republicans voted Thursday to subpoena Twitter chief executive Jack Dorsey and Facebook CEO Mark Zuckerberg as part of a stepped-up assault on social media’s handling of online political content. The Senate Judiciary Committee move comes a week after the internet platforms came under fire for limiting the reach of a New York Post article […]
Americans enduring a feeble economy and high unemployment because of the coronavirus pandemic are creating start-up companies at a record pace. The drive is favored by very low interest rates, banks that are eager to lend and people with money saved up — both because no one goes out anymore and because of government stimulus […]
The US housing market continued its boom in September as existing homes sales grew 9.4 percent from the month before, a survey released Thursday said. The 6.54 million seasonally adjusted annual rate of sales reported by the National Association of Realtors (NAR) was above expectations and 21 percent higher than the same month in 2019, […]
$COKE #COKE The Coca-Cola Company said Thursday it was shaking up its product mix as part of an effort to revive sales which have been slumping during the coronavirus pandemic. The soft drink giant reported third-quarter sales down nine percent from a year ago to $8.7 billion, while profits tumbled 33 percent to $1.7 billion. […]
New claims for US jobless benefits fell to 787,000 last week, the Labor Department said Thursday, dropping below 800,000 for only the second time since the pandemic started. The big improvement came as new applications fell 55,000, seasonally adjusted, in the week ended October 17, and total claims in the previous week were revised down […]
#GOOGLE $GOOG Google’s long-running business model based on free services and advertising will be put to the test in the landmark antitrust lawsuit filed this week by the US Justice Department. But the government is likely to face challenges proving monopoly allegations against the tech firm which grew into one of the world’s most successful […]
#TESLA $TSLA Tesla on Wednesday said profits in the past quarter more than doubled as the electric car giant forecast deliveries hitting 500,000 this year. Net profit in the quarter rose to $331 million, up from $143 million a year earlier, as revenue rose nearly 40 percent to $8.7 billion. Tesla’s share price was up […]
With the clock fast counting down, key US policymakers were set to meet later Tuesday in what could be the final round of talks before time runs out to approve a rescue package ahead of the November 3 election. Economists say the coronavirus-ravaged US economy has held up well because of the massive injection of […]
#Amazon, #Apple, #Google, #Facebook $AAPL $AMZN $GOOG $FB US tech giants dominating the internet and making fortunes in the process are increasingly in the crosshairs of regulators. Amazon, Apple, Google and Facebook are too powerful and will likely emerge from the coronavirus pandemic even stronger, the head of a US congressional antitrust committee said while […]
#Cathay Pacific $0293 is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong carrier said Wednesday, joining a growing list of airlines making swingeing cuts as they reel from the coronavirus pandemic. Across the globe, airlines have been hammered by the pandemic slashing international travel and they face a […]
#Tesla $TSLA will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced. The Model 3 vehicles will be shipped to more than 10 countries including France, Germany, Italy and Switzerland, the group said in a statement sent Tuesday to AFP. “This […]
#Netflix $NFLX shares slid on Tuesday after the US streaming television titan reported that subscriber growth slowed in the recently ended quarter after booming in the early days of the pandemic. While Netflix added 28.1 million paying subscribers so far this year, only 2.2 million of them came in the third quarter, the company said […]
#google $goog #bigtech Californian internet giant Google faces a growing list of battles around the world, from tussles in Europe and Australia over fair compensation for media outlets to competition probes on both sides of the Atlantic. – Department of Justice strikes – Washington’s powerful justice department is the latest to announce a probe into […]
Asian markets rose Monday on lingering hopes for a new US stimulus package, though Shanghai and Hong Kong pared their initial rallies after data showed China’s economy grew at a slower pace than forecast. With a little over two weeks until the November 3 elections, time is running out for US lawmakers to reach an […]
China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. But the world’s second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, which warned of uncertainty ahead as “the international […]
Daily Racing Form LLC (DRF), a part of the Sports Information group, has been on its toes providing relevant information to sportspersons. Amidst their informative roles are data and editorial coverage that are resourceful for various sports lovers to make informed decisions for even betting activities. The latest from DRF is an insight on why […]
As many business leaders look to close the skills gap and cultivate a sustainable workforce amid COVID-19, a new IBM Institute for Business Value (IBV) study reveals less than 4 in 10 human resources (HR) executives surveyed report they have the skills needed to achieve their enterprise strategy. Pre-pandemic IBM (NYSE: IBM) research in 2018 found as […]
Despite a light rebalancing of third and fourth quarter estimates, full-year 2020 economic output is still expected to contract 2.6 percent, according to the latest commentary from the Fannie Mae (OTCQB:FNMA) Economic and Strategic Research (ESR) Group. Its estimate of third quarter 2020 real GDP growth was revised upward 1.2 percentage points to 31.6 percent […]
Britain’s pub industry is bearing the brunt of new restrictions introduced to combat rising coronavirus infection rates, sending stock prices tumbling on Friday. Millions of people in London and across Britain will no longer be able to mix with other households from Saturday, although those from the same household will still be able to go […]
Industrial production dropped for the first time in five months, falling 0.6 percent last month compared to August on a decline in manufacturing, the Federal Reserve reported Friday. Analysts had been forecasting a 0.6 percent increase in September amid a continued recovery from the pandemic downturn, but a 0.3 percent drop in manufacturing — its […]
Boeing Co (NYSE:BA) shares climbed on Friday following a report that the European air safety regulator is ready to allow the 737 MAX jet to return to the skies after its worldwide grounding. Shares in the US aviation giant were was up 2.5 percent around 1745 GMT after Patrick Ky, executive director of the European […]
The US budget deficit surged 218 percent to a record $3.1 trillion in the fiscal year ended September 30 due to a massive increase in spending to help the economy weather the coronavirus pandemic, the government announced Friday. That was more than double the previous record deficit of $1.4 trillion hit in 2009 during the […]
China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s […]
US President Donald Trump rebuked Facebook and Twitter Wednesday for blocking links to a New York Post article purporting to expose corrupt dealings by election rival Joe Biden and his son in Ukraine. The newspaper said it had obtained a computer abandoned by Hunter Biden that implicated his father in his Ukraine business affairs. The […]
Shares in the management agency of K-pop sensation BTS were expected to rocket on their stock market debut Thursday, making an instant multi-billionaire of its chairman and boosting the seven band members’ own fortunes. The initial public offering of shares in Big Hit Entertainment saw staggering demand, with the public section oversubscribed no fewer than […]
New analysis by PwC shows Blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. That is the key finding of a new PwC report Time for trust: The trillion-dollar reason to rethink blockchain, assessing how the technology is being currently used and exploring the impact […]
Digital transformation seen as critical business driver for recovery 80 percent of organizations globally have fast-tracked some digital transformation programs this year Data privacy and cybersecurity concerns, limited resources and difficulty extracting insights from data identified as barriers to Digital Transformation Complete results can be found at: https://DellTechnologies.com/DTIndex Dell Technologies today released results from a […]
A new documentary on Christopher Columbus co-produced by the Knights of Columbus and the National Columbus Education Foundation with narration by Chazz Palminteri will premiere nationally this Columbus Day Weekend. Courage and Conviction: The True Story of Christopher Columbus examines the life and legacy of the historic figure credited with the discovery of the New World. […]
Optimism that US lawmakers will eventually pass a new stimulus package lifted Asian markets Monday, with the White House ramping up its offer and Donald Trump insisting Republicans want to get a deal done. The gains followed another strong lead from Wall Street, with hopes for a fresh injection of cash into the world’s top […]
Apple is expected on Tuesday to unveil a keenly anticipated iPhone 12 line-up starring models tuned to super-fast new 5G telecom networks in an update considered vital to the company’s fortunes. A streamed event was cryptically teased with the message “Hi, Speed” in an apparent reference to the faster wireless networks being introduced in many […]