SAP Downgrade Outlook as Virus Grips Europe

SAP Downgrade Outlook as Virus Grips Europe

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 […]

Asia Doubts US Stimulus

Asia Doubts US Stimulus

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 Playing Politics

Facebook Playing Politics

#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. […]

Big Tech in the Spotlight

Big Tech in the Spotlight

#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 […]

Dubai Stimulus Package

Dubai Stimulus Package

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 […]

2021 Dubai World Cup Carnival

2021 Dubai World Cup Carnival

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 […]

Daimler AG (DAI.DE) Doing Better

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 […]

Lordstown Motors IPO

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 […]

Group I Winner for American Pharoah

Group I Winner for American Pharoah

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 […]

History of the Royal Oak in France

History of the Royal Oak in France

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 […]

France Racing Critérium de Saint-Cloud (Gr1)

France Racing Critérium de Saint-Cloud (Gr1)

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 […]

Big Tech to Face Senate on 1st Amendment Rights

Big Tech to Face Senate on 1st Amendment Rights

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 […]

Covid 10 Sparks a Start Up Boom

Covid 10 Sparks a Start Up Boom

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 […]

US Housing Market Growth Continued

US Housing Market Growth Continued

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, […]

Coca-Cola Looks for Pandemic Success

Coca-Cola Looks for Pandemic Success

$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. […]

US Jobs Data Better than Expected

US Jobs Data Better than Expected

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 Faces a Serious Day in Court

Google Faces a Serious Day in Court

#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 Revenue Jumps 40%

Tesla Revenue Jumps 40%

#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 […]

US Stimulus Update

US Stimulus Update

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 and Facebook All Face Regulatory Pressure

Amazon, Apple, Google and Facebook All Face Regulatory Pressure

#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 Begins Restructure

Cathay Pacific 0293 Begins Restructure

#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 Making China a Winner

Tesla Making China a Winner

#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 Shareholders Pay for CEO’s Woke Agenda

Netflix Shareholders Pay for CEO’s Woke Agenda

#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 Fighting for Survival

Google Fighting for Survival

#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

Asian markets rose Monday

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 Rebounding

China’s Economy Rebounding

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 […]

Insights on Reasons to Bet in Horse Racing

Insights on Reasons to Bet in Horse Racing

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 […]

IBM Institute for Business Value (IBV) study on Covid-19

IBM Institute for Business Value (IBV) study on Covid-19

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 […]

Fannie Mae (OTCQB:FNMA) Economic & Strategic Research

Fannie Mae (OTCQB:FNMA) Economic & Strategic Research

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 […]

British Pubs in Crisis

British Pubs in Crisis

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 […]

US Industrial Production Falls

US Industrial Production Falls

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 […]

Can Boeing Co (NYSE:BA) Recover

Can Boeing Co (NYSE:BA) Recover

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 […]

Endless Debt as US Continues to Spend

Endless Debt as US Continues to Spend

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 Economy in Recovery

China Economy in Recovery

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 […]

Facebook and Twitter Hide Biden Corruption

Facebook and Twitter Hide Biden Corruption

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 […]

Big Hit Entertainment IPO

Big Hit Entertainment IPO

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 […]

Time for trust: The trillion-dollar reason to rethink blockchain

Time for trust: The trillion-dollar reason to rethink blockchain

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 […]

Dell Technologies (NYSE:DELL) and the Digital Transformation

Dell Technologies (NYSE:DELL) and the Digital Transformation

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 […]

The Truth About Christopher Columbus

The Truth About Christopher Columbus

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. […]

Asia Expects US to Print Money, Markets Rally

Asia Expects US to Print Money, Markets Rally

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 5G is Coming

Apple 5G is Coming

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 […]

USA to Print Trillions of Dollars, AGAIN

USA to Print Trillions of Dollars, AGAIN

#USD #GOLD It’s pretty simple, Printing more money will simply increase the value of the existing assets, goods and services but it creates nothing. This is inflation, real inflation not the dodgy CPI numbers politicians spit out. Ultimately, it is inescapable doubling the number of dollars doubles prices. If everyone has twice as much money […]

FRANKEL and KINGMAN in Demand at Tattersalls

FRANKEL and KINGMAN in Demand at Tattersalls

Day 1 of the Tattersalls October Yearling Sale Book 1 saw three yearlings by FRANKEL and KINGMAN break the million guineas barrier yesterday. A KINGMAN colt out of Galicuix, dam of 2000 Guineas winner Galileo Gold, topped the day’s proceedings at 2,700,000gns when purchased by Oliver St Lawrence for the family of Sheikh Nasser Al […]

British #ChampionsDay At Home Activity Pack

British #ChampionsDay At Home Activity Pack

from QIPCO British Champions Series We sadly can’t welcome you to QIPCO British Champions Day 2020, but that hasn’t stopped us being able to bring the day to your living room! Alongside all the world-class racing action on ITV, Racing TV and Sky Sports Racing, we have also taken some of the traditional bits of […]

Prix de l’Arc de Triomphe Winner Sottsass Retired to Coolmore

Prix de l’Arc de Triomphe Winner Sottsass  Retired to Coolmore

Peter Brant owner of Sunday’s brilliant Prix de l’Arc de Triomphe winner Sottsass has announced his retirement to Coolmore. “A World Champion at three and now an Arc winner at four, I have decided to retire Sottsass after what he has achieved. He has retired sound and right at the top of his game – […]

McDonald’s Success Reflects Weakness in US Q3 Economy

McDonald’s Success Reflects Weakness in US Q3 Economy

McDonald’s on Thursday reported a jump in US comparable sales in the third quarter, offsetting declines in international markets amid strong demand for affordable food options in a weakened economy. The fast-food giant said the US business benefited from larger group orders and improved dinner sales that made up for a drop in the number […]

Asia Looking for US Stimulus

Asia Looking for US Stimulus

Asian investors moved cautiously Friday on uncertainty about the chances of a fresh US stimulus package as talks for a broader agreement appeared to be back on. The flip comes just days after Donald Trump shut negotiations down and as rising virus infections continue to sap confidence. Global markets were jolted after the president on […]

Coronavirus, OPEC and Oil Prices

Coronavirus, OPEC and Oil Prices

The coronavirus crisis has sparked talk that the world might have reached peak oil demand but the OPEC cartel sees crude consumption continuing to grow during the next quarter century, driven in large part by greater use of cars in developing countries. In its latest forecasts, released Thursday, OPEC sees surprisingly little long-term impact despite […]

Morgan Stanley Buys Eaton Vance

Morgan Stanley Buys Eaton Vance

US financial powerhouse Morgan Stanley said Thursday it would acquire wealth management firm Eaton Vance for about $7 billion unveiling its second major takeover of 2020. The transaction, which comes on the heels of a $13 billion purchase of E-Trade, will bring another $500 billion in assets under management (AUM) within Morgan Stanley’s umbrella and […]

IBM Change Course

IBM Change Course

IBM on Thursday unveiled a corporate reorganization to allow it to focus on cloud computing, spinning off its division for managed infrastructure. The move will create two separate, publicly traded firms by the end of 2021, according to the US computing giant. “IBM is laser-focused on the $1 trillion hybrid cloud opportunity,” said IBM chief […]

Facebook Preparing for Election Violence or Facilitating a Coup

Facebook Preparing for Election Violence or Facilitating a Coup

$FB #QANON #DEMOCRATS Facebook on Wednesday said it will stop running political or social issue ads after the US polls close on November 3 to reduce chances of confusion or abuse. The leading social network also said that any posts prematurely declaring a winner or contesting the count will be labeled with reliable information from […]

Caravaggio Another Coolmore Success

Caravaggio Another Coolmore Success

Few sires could boast a first book of mares of such quality as Caravaggio, which is evident in his progeny catalogued for the Tattersalls Book 1 Yearling Sale. His first crop found favor with top judges at last year’s foal sales and they return through leading consignors at Tattersalls this week. Rathbarry Stud offer a […]

Citibank Cops $400m Fine

Citibank Cops $400m Fine

US authorities fined Citibank $400 million over deficiencies in risk management practices and required an overhaul of internal controls at the global financial powerhouse, officials announced Wednesday. The US Treasury’s Office of the Comptroller of the Currency issued the fine, in parallel with a related action from the Federal Reserve citing failings at the bank. […]

Samsung Electronics OTC:SSNGY Cashes in on Huawei Ban

Samsung Electronics OTC:SSNGY Cashes in on Huawei Ban

Samsung Electronics flagged a nearly 60 percent rise in third-quarter operating profits Thursday, largely driven by strong smartphone sales boosted by US sanctions against its rival Huawei. The South Korean tech giant said in an earnings estimate that it expected operating profit to be 12.3 trillion won ($10.6 billion) for July to September, up from […]

A Bookmakers Look at the Election

A Bookmakers Look at the Election

The 2020 U.S. Presidential Election on Nov. 3 has already proven one of the most contentious in American politics’ history. From now until the first Tuesday in November, neither candidate, incumbent Donald Trump nor challenger Joe Biden, figures to become less combative. And local bookies have already taken a significant amount of bets from players; […]

The Fannie Mae (OTCQB:FNMA) Looks Like a Winner

The Fannie Mae (OTCQB:FNMA) Looks Like a Winner

The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) increased 3.5 points in September to 81.0, rising for the second consecutive month and continuing the rebound from late spring. Three of the six HPSI components increased month over month, with consumers reporting a substantially more optimistic view of home-selling conditions, expected home price growth, and […]

The BTS IPO a Hit in Korea

The BTS IPO a Hit in Korea

Ordinary South Koreans rushed to pour more than $50 billion into the initial public offering for the management agency of K-pop sensation BTS, sale organisers said after it closed Tuesday. The trailblazing septet cemented their prominence in the world’s biggest music market in August, when their all-English track “Dynamite” debuted at number one on the […]

Trade Data May Force US to Lower USD Driving Gold to $3000

Trade Data May Force US to Lower USD Driving Gold to $3000

The US trade deficit continued to widen in August, as imports outpaced exports amid the ongoing coronavirus pandemic, according to official data released Tuesday. The deficit rose 5.9 percent from July to $67.1 billion, increasing more than expected but posting a more moderate jump than the nearly 19 percent surge in the month prior, according […]

QAnon is Growing

QAnon is Growing

#qanon #deepstate Powered by fear, anger and big tech’s algorithms, the QAnon conspiracy movement has exploded from the US political fringe into the global mainstream during the pandemic. Its influence can be seen at anti-lockdown and anti-mask rallies from Los Angeles, to London, Berlin and Melbourne — with protesters warning, without evidence, that the pandemic […]

John McAfee Faces US Extradition

John McAfee Faces US Extradition

#bitcoin $BTC #johnmcafee Anti-virus software creator John McAfee, who is wanted in the United States for tax evasion, has been arrested at Barcelona airport, police said Tuesday. Officers detained the 75-year-old on Saturday as he was about to board a flight to Istanbul and he was being held at a jail near Barcelona awaiting extradition […]

United Airlines Restarts China Service

United Airlines Restarts China Service

$UAL #CHINA #COVID19 United Airlines today announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Customers traveling from Shanghai will […]

UAE 2020: Towards the next 50

UAE 2020: Towards the next 50

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched ‘Designing the Next 50’ project to involve the public in shaping the future of the UAE. The project will bring together all members of the society to establish the pillars and components of the UAE […]

English mare One Master Makes it 3 Prix de la Forêt (Gr1)

English mare One Master Makes it 3 Prix de la Forêt (Gr1)

Enable failed to win her third Qatar Prix de l’Arc de Triomphe… but the English mare One Master (Fastnet Rock) succeeded by winning her third consecutive Qatar Prix de la Forêt (Gr1)! An obviously unprecedented feat in a race that was created in 1858! For this, she bid her time behind the favourite Eartlight (Shamardal), […]

The Palm Fountain

The Palm Fountain

The Pointe, Dubai’s premier lifestyle and dining destination by Nakheel Malls, is gearing up to launch the world’s largest fountain. ‘The Palm Fountain’, Palm Jumeirah’s latest waterfront attraction, will attempt to break a Guinness World Records, GWR, title on Thursday, 22nd October during its inaugural launch event, and the public is invited to witness the […]

Sottsass Wins the Prix de l’Arc de Triomphe

Sottsass Wins the Prix de l’Arc de Triomphe

The French horse Sottsass (Siyouni) won the 99th edition of the Qatar Prix de l’Arc de Triomphe (Gr1). He led home four other horses trained in France: In Swoop (Adlerflug), Persian King (Kingman), Gold Trip (Outstrip) and Raabihah (Sea The Stars). Sottsass is 100% French. He is trained in Deauville by Jean-Claude Rouget and ridden […]

IBM and Bank of Thailand Issue Blockchain Platform

IBM and Bank of Thailand Issue Blockchain Platform

$IBM #THAILAND IBM (NYSE: IBM) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the highly secured IBM Cloud, the platform allows investors to benefit from speedy bond issuance, […]

Democrats Want to Lockdown New York

Democrats Want to Lockdown New York

#NEWYORK #COVID19 New York City Mayor Bill de Blasio said Sunday he planned to reimpose restrictions on nine neighborhoods as Covid-19 cases rise in parts of the city, which had largely controlled the virus after a catastrophic outbreak. The proposal, which must be approved by state Governor Andrew Cuomo, marks a major setback for America’s […]

Asian Markets Rally as Trump Recovers

Asian Markets Rally as Trump Recovers

Asian markets rallied Monday following reports suggesting Donald Trump’s health is improving after he tested positive for the coronavirus last week, with traders also cheered by signs that US lawmakers were edging towards agreement on a new stimulus package. World equities went into reverse Friday after the White House announced the president and his wife’s […]

Facebook, Inc. (NASDAQ:FB) Earnings

Facebook, Inc. (NASDAQ:FB) Earnings

$FB #EARNINGS #Facebook Inc. (NASDAQ:FB) announced today that the company’s third quarter 2020 financial results will be released after market close on Thursday, October 29, 2020. Facebook will host a conference call to discuss its results at 3 p.m. PT / 6 p.m. ET the same day. The live webcast of the call can be […]

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Corporation (NYSE: IMAX) Surprise Winner in China

IMAX Scores Record-Breaking $13 Million Opening Weekend Of National Day Golden Week Holiday In China National Holiday Grosses for IMAX Up 25% Over 2019, Pushing the Company to More Than $53 Million Box Office in China Since Theatres Reopened in July IMAX Corporation (NYSE: IMAX) today announced that the company scored a record-breaking $13 million […]

Belardo Flying in First Season

Belardo Flying in First Season

First-season sire Belardo continued his flying run of form when siring his third Stakes winner on Saturday, 3 October with Lullaby Moon leading home a Darley 1-2 in the Listed Two Year Old Trophy at Redcar. Sent off hot favourite, the two-year-old filly tracked the leaders, making headway two furlongs out under jockey Rossa Ryan. […]

Holy Roman Emperor Still Producing Big Winners

Holy Roman Emperor Still Producing Big Winners

The progressive Jadoomi (2c Holy Roman Emperor – South Sister, by Sakhee) confirmed his class when racing clear to win the valuable Arqana sales race at Longchamp on Saturday afternoon. Third on his first two starts, the Simon and Ed Crisford-trained colt won his maiden in comfortable fashion last month and stepped up to a […]

BREXIT Breakthrough Possible

BREXIT Breakthrough Possible

UK Prime Minister Boris Johnson said he was “pretty optimistic” a Brexit deal could be reached as he prepared for talks on Saturday with EU chief Ursula von der Leyen to determine the next steps in the fraught negotiations. Johnson told The Daily Telegraph that the prospects of a year-end deal to avoid an abrupt […]

Trump Tests Positive for Covid-19

Trump Tests Positive for Covid-19

US President Donald Trump has confirmed that he and First Lady Melania Trump have both tested positive for the coronavirus, just hours after it was learned a senior aide had contracted the illness. “Tonight, [the first lady] and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get […]

2021 Predictions in the Luxury Market

2021 Predictions in the Luxury Market

 In September 2020, Luxury Institute reached out to its database of Global Luxury Expert Network (GLEN) members, and a select group of C-level and executive top-tier luxury and premium brand leaders, to gain a front-line pulse of the current luxury environment, as well as 2021 projections for the top luxury categories globally, plus key reasons […]

S&P Dow Jones Indices Changes

S&P Dow Jones Indices Changes

$POOL $ETFC $SSD S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 7: S&P MidCap 400 constituent Pool Corp. (NASD:POOL) will replace E*TRADE Financial Corp. (NASD:ETFC) in the S&P 500, S&P SmallCap 600 constituent […]

Coronavirus Driving Innovation

Coronavirus Driving Innovation

Strongest-performing sectors in Q3 benefited from spending on existing products and services, rather than new and innovative market offerings, reports The Conference Board – In both the U.S. and Global Innovation α Indexes, Technology Services sees the largest increase in its index weight for Q4 2020 among all sectors – Heading into Q4, the Technology […]

The US Economic Update

The US Economic Update

New Orders and Production Growing; Employment Contracting;Supplier Deliveries Slowing at Faster Rate; Backlog Growing;Raw Materials Inventories Contracting; Customers’ Inventories Too Low;Prices Increasing; Exports and Imports Growing Economic activity in the manufacturing sector grew in September, with the overall economy notching a fifth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report […]

Facebook, Google and Twitter Face Regulatory Pressure

Facebook, Google and Twitter Face Regulatory Pressure

$FB $TWTR $GOOG A Senate panel voted Thursday to subpoena the top executives of Facebook, Google and Twitter to answer questions on disinformation, online scams and a range of social ills. The Commerce Committee agreed unanimously to call Jack Dorsey of Twitter, Mark Zuckerberg of Facebook and Sundar Pichai of Google parent Alphabet. The move […]

60,000 Layoffs in a Day, Coronavirus Continues to Hit US Economy

60,000 Layoffs in a Day, Coronavirus Continues to Hit US Economy

Hit hard by the coronavirus crisis and with new government stimulus funding in limbo, Disney, American Airlines and United Airlines announced 60,000 layoffs in just 24 hours — leading a barrage of job losses a month before US elections. Insurance firm Allstate warned Wednesday that it would have to cut 3,800 jobs, and Marathon Petroleum […]

Can Godolphin Claim The Everest

Can Godolphin Claim The Everest

The proven G1 sprinter Trekking (Josh Parr) will give Godolphin a second runner in next month’s $15 million The Everest after being awarded the “slot” in the race owned by Max Whitby, Neil Werrett, Steve McCann and Colin Madden. Trekking joins stablemate Bivouac (Glen Boss) who will run in the Godolphin slot in the world’s richest […]

Godolphin’s Group Hopes for Flemington

Godolphin’s Group Hopes for Flemington

The lightly-raced fillies Silhouette and Thermosphere will be out to plot their spring course when they run in Saturday’s Group Two Edward Manifold Stakes at Flemington. In a race that traditionally reveals a filly with Oaks potential, both the Godolphin runners have winning prospects with Silhouette (John Allen), a daughter of Teofilo the more likely […]

Kingdom of Bahrain Sun Chariot Stakes Newmarket

Kingdom of Bahrain Sun Chariot Stakes Newmarket

Billesdon Brook will face 11 rivals as she bids to land back-to-back runnings of the Kingdom of Bahrain Sun Chariot Stakes at Newmarket’s Rowley Mile on Saturday. The Richard Hannon-trained five-year-old is no stranger to glory at the Home of Horseracing, with her victory in this race last year coming after she had also won […]

5 Group 1 races at ParisLongchamp

5 Group 1 races at ParisLongchamp

Breeders’ Cup Ltd., and France Galop are once again proud to announce that five Group 1 races at ParisLongchamp for the world-renown Qatar Prix de l’Arc de Triomphe day on Oct. 4 will be part of the 2020 Breeders’ Cup Challenge Series. The Breeders’ Cup Challenge, now in its 14th year, is an international series […]

Prix de l’Arc de Triomphe Enable, Dettori, Gosden

Prix de l’Arc de Triomphe Enable, Dettori, Gosden

They are on the verge of writing one of the most beautiful chapters in the history of racing. Here Lanfranco Dettori and John Gosden, the jockey-trainer combination trainer behind the great Enable, the mare out to record an unprecedented third win in the Qatar Prix de l’Arc de Triomphe, the world’s top race, open up […]

Consumer Confidence on the Rise in USA

Consumer Confidence on the Rise in USA

The Conference Board Consumer Confidence Index® increased in September, after declining in August. The Index now stands at 101.8 (1985=100), up from 86.3 in August. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 85.8 to 98.5. The Expectations Index – based on consumers’ short-term […]

Sogou and Tencent Dump NYSE

Sogou and Tencent Dump NYSE

Chinese search engine Sogou confirmed Tuesday it would be taken private by tech giant Tencent, in a deal that values the US-listed firm at around $3.5 billion. The announcement comes a day after Chinese internet giant Sina Corp, parent company of the country’s Twitter-like platform Weibo, said it would be taken private. A growing number […]

Sina Corp Follows the Trend of Dumping NASDAQ

Sina Corp Follows the Trend of Dumping NASDAQ

Chinese internet giant Sina Corp, the parent company of the country’s vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it the latest mainland firm to withdraw from Wall Street as relations between Beijing and Washington sour. Sina will cease trading on the tech-rich Nasdaq exchange — where it has […]

Camelot Continues Success at Coolmore

Camelot Continues Success at Coolmore

Russian Camelot History maker Russian Camelot (3c Camelot – Lady Babooshka, by Cape Cross) confirmed his status as one of the most exciting horses in Australasia when justifying favoritism in Saturday’s Group 1 Underwood Stakes at Caulfield. The Danny O’Brien-trained colt became the first Northern Hemisphere bred horse to win an Australian Derby when taking […]

Prix de l’Arc de Triomphe 2020

Prix de l’Arc de Triomphe 2020

The Qatar Prix de l’Arc de Triomphe takes place this Sunday the 4th October at  ParisLongchamp ! This Thoroughbred horserace has been named « The Best Race in the World» by the International Federation of Horseracing Authorities for three consecutive years. The 2020 edition is sumptuous beyond imagination. The British mare Enable, the winner of […]

Equine Artist Susan Leyland

Equine Artist Susan Leyland

Susan Leyland renowned artist and sculptor. Susan Leyland has held exhibitions in private galleries and museums in many countries and has received prestigious commissions both from private and corporate clients and collectors including the recent War Horse Memorial in Ascot UK, an equestrian monument to the memory of millions of horses, mules and donkeys of […]

Big Day for Inglis and Hawkes Racing

Big Day for Inglis and Hawkes Racing

They were the two highest-priced colts at last year’s Premier Yearling Sale and at Rosehill today, Ole Kirk and North Pacific proved themselves two of the best colts of their generation. In a stunning result for the Premier Sale and for Hawkes Racing, Ole Kirk (Written Tycoon x Naturale) nosed out his stablemate North Pacific […]

O’lonhro Victoria’s Best Value Sire

O’lonhro Victoria’s Best Value Sire

O’Lonhro has gotten off to a good start at stud with his first few crops producing Mamzelle Tess, the winner of six and Group placed, stakes placed O’Lonera – also a 6-time winner with over half a million in the bank – O’Lonh Star (6 wins), Big Reel (6 wins), O’ So Hazy (5 wins). […]

Coruscate too Good in the Testa Rossa Stakes at Caulfield

Coruscate too Good in the Testa Rossa Stakes at Caulfield

The potential shown by Coruscate from the day he began his racing career was realised when he made a one-horse race of the Listed Testa Rossa Stakes at Caulfield on Saturday, 26 September. Coruscate, an older brother to the star sprinter Bivouac, opened his account with a two-year-old Maiden win at Canterbury in February 2017 […]

$1m on Offer at Gulfstream Park

$1m on Offer at Gulfstream Park

Gulfstream Park wraps up its summer meeting with $1 million in purses up for the grabs Saturday – including the finals of the FTBOA Florida Sire Stakes – and a possible mandatory payout of the 20-cent Rainbow 6 that could swell to approximately $5 million. The 20-cent Rainbow 6 jackpot pool will be guaranteed at […]

Neiman Marcus Finds Investors

Neiman Marcus Finds Investors

 Neiman Marcus Holding Company, Inc. (formerly the “Neiman Marcus Group LTD LLC”) (the “Company”) today announced it has emerged from voluntary Chapter 11 protection, successfully completing its restructuring process and implementing the Plan of Reorganization (“Plan”) that was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division on September 4, 2020. […]

Honorius and Bloodstockauction.com Raising Money for Ronald McDonald House Westmead

Honorius and Bloodstockauction.com Raising Money for Ronald McDonald House Westmead

Knightsbridge Stallion Honorius standing privately at Larneuk and Bloodstockauction.com have been successfully raising money for Ronald McDonald House Westmead. Over $5000 has been raised so far and there is still plenty of time to make a donation and secure a service to Honorius. The only way the public can secure a service to Honorius in […]

1 2 3 45