NASA is targeting 7:50 a.m. EDT Thursday, July 30, for the launch of its Mars 2020 Perseverance rover on a United Launch Alliance Atlas V rocket from Space Launch Complex 41 at Cape Canaveral Air Force Station in Florida. The launch window is approximately two hours, with a launch opportunity every five minutes. Live launch […]
Hong Kong’s “season like no other” ended at Happy Valley on Wednesday, 15 July with Ricky Yiu securing an odds-defying champion trainer title that was most certainly in keeping with the campaign’s extraordinary backdrop. The Hong Kong Jockey Club navigated the uncertainty of the ongoing global COVID-19 pandemic decisively, implementing measures that protected public and […]
The catalogue comprising stock on behalf of the Estate of the late Eduardo Cojuangco is online and details of the selling times at the upcoming Magic Millions National Sale are confirmed. The 41 lot catalogue of yearlings, race fillies, broodmares and racehorses will present buyers with a unique opportunity to invest in the history of one […]
Dedicated NY Bred Online AuctionOpen For Bidding Online auction specialist Bloodstockauction.com is supporting NY thoroughbred breeders this week, by hosting a dedicated New York Bred Yearling Sale on its online auction platform. Bloodstockauction.com’s dedicated New York Bred catalog is now live and open for bidding. The catalog is open for bidding for five full days, […]
America is a strange place at the best of times but the recent actions of Corporates and Citizens has left me very confused. Tom VanMeter made a couple of very offensive racist posts on Facebook, and was vilified in the media and was banned by Keeneland, basically the removed him from his ability to work. […]
The countdown to the fourth Irish Classic of the season is on and it’s a tantalising battle in store at this weekend’s Juddmonte Irish Oaks, writes Will Jennings. The eight-strong field for the 1m4f fillies joust has now been confirmed, with a star-studded array of runners and riders going to post at the Curragh at 7:15pm […]
Trainer Kenny McPeek, who made a year-round commitment to South Florida racing when he purchased Summerfield Training Center in Marion County last year, will be represented by graded-stakes winner Harvey Wallbanger in Saturday’s $60,000 Sea of Tranquility Stakes at Gulfstream Park. McPeek, who put the finishing touches on a productive 2019-2020 Championship Meet by saddling […]
Backed by multi-billion-dollar investments from global tech giants, India’s richest man is ready to rumble with Amazon and Walmart for the country’s huge e-commerce market through his conglomerate Reliance. But it is far from certain that Mukesh Ambani’s latest gamble will pay off in a crowded market where many suppliers are not well-versed in digital […]
Hong Kong carrier Cathay Pacific issued a profit warning on Friday, estimating it will suffer a historic loss of HK$9.9 billion (US$1.3 billion) in the first half of 2020 as it reels from the coronavirus pandemic. “The Group will record a net loss attributable to shareholders of approximately HK$9.9 billion, which compares to a net […]
$BA UK flag carrier British Airways is retiring its entire Boeing 747 “Jumbo Jet” fleet, it said Friday, following the huge hit to international air travel caused by the COVID-19 pandemic. “It is with great sadness that we can confirm we are proposing to retire our entire 747 fleet with immediate effect,” the airline said […]
It’s become a familiar mantra: masks, hand-washing and physical distancing can slow the spread of the coronavirus while work continues on developing the vaccines and treatments needed to rid the world of its threat. But as tens of millions of people return to public transit, their workplaces and schools, are these interventions enough? Researchers are […]
Asian markets edged up Friday following an across-the-board sell-off the previous day, but disappointing recent data has jolted optimism over the economic recovery that has helped drive gains in for the past few months. Traders have for weeks been able to look past fresh spikes in infections around the world thanks to trillions of dollars […]
F.N.B. Corporation (NYSE:FNB) reported earnings for the second quarter of 2020 with net income available to common stockholders of $81.6 million, or $0.25 per diluted common share. Comparatively, first quarter of 2020 net income available to common shareholders totaled $45.4 million, or $0.14 per diluted common share, and second quarter of 2019 net income available […]
Another stunning Inglis Digital Online Auction has ended, with staggering results across the board leading to several records being broken. In a remarkable day of online trade: *The Inglis Digital July (Early) sale gross of $5,617,900 is a new record, eclipsing the May sale’s aggregate of $4.8m *Overall top lot Faretti (I Am Invincible) sold […]
In the first half of 2020, AED6.3 billion of additional stock became accessible for a new group of both local and international investors, creating further scope for increased trading and liquidity, Abu Dhabi Securities Exchange, ADX, revealed in its report on its performance for the six months ending 30th June 2020. The report focuses on […]
Few in Silicon Valley could have predicted that a mild-mannered young Austrian lawyer who spent a semester studying there would one day become high-tech companies’ worst nightmare. But on Thursday Max Schrems, 32, racked up the latest in a string of legal victories in the field of online privacy, with the EU’s top court striking […]
Microsoft said Thursday its cloud video game service will debut in September as a feature available to Xbox Game Pass Ultimate subscribers. “We’re bringing Xbox Game Pass and Project xCloud together at no additional cost for Xbox Game Pass Ultimate members,” Xbox team head Phil Spencer said in a post. “With cloud gaming in Game […]
Netflix shares dived on Thursday after the leading streaming entertainment service reported relatively flat quarterly profits despite rising subscriber numbers. Netflix reported a profit of $720 million on revenue of $6.1 billion in the recently ended quarter, compared with $709 million profit on $5.8 billion in revenue during the first three months of the year. […]
The EU’s top competition official vowed Thursday to fight on to make big companies pay more tax, after Brussels suffered a major legal defeat in a long-running tussle with Apple. In a sign that the EU was not dissuaded from its scrutiny of big tech, Margrethe Vestager, the EU’s competition commissioner, also announced a wide-ranging […]
Retail sales rose in the United States in June. but weekly data indicated a steady flow of layoffs, and with the coronavirus outbreak worsening, analysts fear further deterioration in the economy’s health. The US is home to the worst coronavirus pandemic anywhere, with a record 67,632 cases reported in the previous 24 hours on Wednesday, […]
China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]
We do not think it is time to buy just yet but we are getting close to that point. Data remains mixed but it is clear the FED will produce the mother of all bailouts if need be in the very near future. The US economy showed signs of life nationwide last month, but has […]
#Infosys $INFY #INDIA Indian software giant Infosys reported an 11.4 percent rise in quarterly net profits Wednesday, winning valuable client deals in Western markets despite coronavirus-led disruptions. The Bangalore-headquartered firm posted a net profit of 42.33 billion rupees ($563.8 million) for the quarter ended June 30, an increase from the 37.98 billion rupees recorded a […]
$USDJPY #FX #TRADING #JAPAN #ECONOMY Japan’s economy will contract 4.7 percent in the year to March 2021, the central bank said Wednesday, projecting a recovery the following year but warning that deep uncertainty remains. The fresh outlook, with policymakers giving a range of contraction from 5.7 to 4.5 percent, is a downgrade from an April […]
$GS #CORONAVIRUS #GOLDMANSACHS A blowout performance in trading and underwriting lifted Goldman Sachs’ revenues in the second quarter as it reported flat earnings compared with the year-ago period. Profits came in at $2.2 billion, translating into $6.26 per share, much better than the $3.78 expected by analysts. Revenues surged 41 percent to $13.3 billion. Goldman’s […]
Large US banks have set aside billions of dollars in additional reserves for bad loans, according to earnings reports Tuesday that underscored the weakening economic outlook due to the coronavirus pandemic. Even amid gradual signs of a rebound as businesses reopen, the measures to contain COVID-19 have caused a devastating hit and millions of lost […]
Britain’s coronavirus-ravaged economy slumped almost one-fifth during the country’s lockdown and remained set for its sharpest decline in annual output for 300 years, official data showed Tuesday. The Office for National Statistics (ONS) said gross domestic product plunged 19.1 percent in the three months to the end of May “as government restrictions on movement dramatically […]
Overall the data is a positive sign the USA is rebounding but it may add to the imbalance between Fed policy and reality. Consumer inflation jumped in June as the US economy began to partially reopen, rising 0.6 percent on a rebound in gasoline prices, the Labor Department reported Tuesday. The spike came after three […]
A faster-than-expected pace of recovery in the second quarter contributed to an improvement in expectations for full-year 2020 economic growth, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. Despite the recent resurgence in COVID-19 cases – and the potential for localized measures that may slow otherwise […]
$F $TSLA $GM Key takeaways Enticing shell-shocked U.S. consumers into the new vehicle market post-recession will be hard-fought as 37% of U.S. respondents are delaying large purchases. Nearly half of U.S. consumers (47%) plan to keep their current vehicles longer. There is increased consumer anxiety around shared mobility options with 56% planning to limit the […]
June quarter 2020 GAAP pre-tax loss of $7.0 billion and loss per share of $9.01 on total revenue of $1.5 billion June quarter 2020 adjusted pre-tax loss of $3.9 billion and adjusted loss per share of $4.43 on adjusted revenue of $1.2 billion Delta ended the June quarter 2020 with $15.7 billion in liquidity Delta […]
Swatch, the world’s top watch company, said Tuesday its sales were nearly halved in the first half of the year due to coronavirus lockdowns, but that it has already returned to profitable operations. The Swiss-based group whose brands also include Omega, Longines and Tissot, said sales plunged by 46.1 percent in the first half of […]
$BABA $SOHU #CHINA China has seen plenty of bad news but the Economy is set for a rapid rebound Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release […]
The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the “twin shock” of the coronavirus pandemic and low oil prices. The region’s economy will contract by 5.7 percent this year, and shrink by as much as 13 percent in countries torn by […]
$SFTBY #SOFTBANK #WEWORK Troubled office-sharing start-up WeWork is set to have a positive cash flow by next year, its executive chairman told the Financial Times on Sunday, hailing a turn-around for the high-profile company. “Everybody thought WeWork was mission impossible. [That we had] zero chance. And now, a year from now, you are going to […]
#TENCENT #BYTEDANCE #CHINA White House trade advisor Peter Navarro said Sunday he expected President Donald Trump to act firmly against the TikTok and WeChat applications, amid rising tensions between Washington and Beijing. Trump last week had said he is considering banning the wildly-popular TikTok app as a way to punish China over the coronavirus pandemic. […]
Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains. Trillions of dollars in government support is keeping equities well supported but confidence is […]
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.95% month over month in June. This brought the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index. Manheim Market Report (MMR) prices improved over the four full weeks of June, […]
Royal Caribbean Group (NYSE: RCL) has purchased the remaining shares of Silversea Cruises, a pioneer and leader in ultra-luxury and expedition cruising. The move to full ownership comes two years after Royal Caribbean Group acquired a two-thirds share of the cruise line in July 2018. “Silversea has been a great fit for our company from […]
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai has launched its third stimulus package to ease the impact of the COVID-19 crisis on businesses. Worth AED1.5 billion, the new package raises the value of business incentives introduced by […]
Gross Domestic Product by Industry, 1st Quarter 2020 Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent (annual rate) decrease in gross domestic product (GDP) in the first quarter of 2020, according to the Bureau of Economic Analysis. All sectors of the […]
PitchBook, the premier data provider for the private and public equity markets, today released its 2Q 2020 US Private Equity Breakdown, which found the velocity of US PE investment activity further diminished in Q2 2020 as dealmakers felt the impact of the coronavirus pandemic. In fact, many GPs sought to pull out of previously agreed […]
iQIYI, Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, recently announced upcoming releases of 60 major drama series and variety shows at its iJOY Conference (the “Conference”) held in Shanghai. At the conference, themed ‘New Content, New Consumption and New Growth’, iQIYI also shared developing trends in online […]
#CHINA #CORONAVIRUS China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 percent expansion posted […]
#COVID #CORONAVIRUS #PANDEMIC $FB $GOOG $TWTR Tech stocks were going strong even before COVID-19, but behavioral shifts during the pandemic have lifted the sector further into the stratosphere, leaving the broader stock market far behind. The tech-dominated Nasdaq Composite Index has closed at records in six of the last seven sessions, reflecting investors’ confidence that […]
The son of Galileo, Serpentine, stunned the Investec Derby field to lead all the way and win the Epsom Classic at odds of 28/1. Jockey Emmet McNamara’s decision to kick clear on Serpentine, who only broke his maiden tag one week ago, around Tattenham corner caught all his rivals off guard and saw the outsider […]
The 1918 influenza pandemic was the most severe pandemic in recent history. It was caused by an H1N1 virus with genes of avian origin. Although there is not universal consensus regarding where the virus originated, it spread worldwide during 1918-1919. In the United States, it was first identified in military personnel in spring 1918. It […]
The Department of Tourism and Commerce Marketing, Dubai Tourism, hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7th July. The forum provided a first-hand insight into current and post-pandemic strategies that will help accelerate tourism momentum and position Dubai as a […]
The Department of Economic Development, DED, Trader licence launched by the Business Registration and Licensing, BRL, sector, enabling start-ups in Dubai to conduct business activities online and across social networking accounts, has seen an 83 percent increase in licences issued from January to end of June 2020. Compared to the same period last year when […]
SunPower Corp. (NASDAQ:SPWR) received the prestigious Smarter E-Award in the “Outstanding Projects” category in recognition of Powerhouse Brattørkaia, an 18,580-square-metre energy-positive future-proof office building located in Trondheim, Norway. SunPower supplied its high-efficiency Maxeon® solar panels for the project. Powerhouse Brattørkaia is the world’s northernmost energy-positive building. This means it is designed to generate more energy […]
Business intelligence from Akerna (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), anticipates a 87% increase in cannabis sales over daily averages. “For the first time in the past five years the 4th of July falls on a Saturday,” said […]
Riot police were showered with bottles, bricks and other projectiles while trying to break up an illegal rave in west London on Friday night. At least seven officers were injured during the hostilities. The police were called to the scene in White City following reports of a number of people gathered at an unlicensed music […]
Global Language Monitor (GLM), the data research company that documents, analyzes, and tracks trends in language usage worldwide, has announced that Covid is the Top Word of 2020 in its mid-year update. “It’s no surprise that ‘covid’ has risen to the top of the rankings,” said Paul JJ Payack, President and Chief Word Analyst of GLM. […]
Caesars Entertainment (NASDAQ:CZR) Atlantic City welcomed guests back to their world-famous resorts today at Caesars, Harrah’s Resort and Bally’s, in accordance with the New Jersey Governor’s Executive Orders and all state directives, with a ribbon-cutting ceremony outside of Caesars’ Boardwalk entrance on Friday, July 3. Caesars Entertainment’s Regional President, Ron Baumann, joined by Atlantic City […]
Hong Kong really does have a new normal, adjust your portfolio quickly as change is coming at a rapid rate. Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China’s newly imposed security law blankets the traditionally outspoken city in fear and self-censorship. China’s authoritarian leaders […]
Headlined by three automatic qualifiers for the $7 million Longines Breeders’ Cup Classic (G1) and three “Win and You’re In” starting positions at York’s Ebor Festival in Britain, the Breeders’ Cup today announced its August schedule of races as part of the 2020 Breeders’ Cup Challenge Series. The Breeders’ Cup Challenge, now in its 14th year, is an international series […]
Led by Code of Honor, McKinzie and Vekoma, an outstanding field of eight horses will compete for a free berth into the $2 million Big Ass Fans Breeders’ Cup Dirt Mile (G1) on Saturday, July 4 in the 1-mile, $500,000 Runhappy Metropolitan Handicap (G1) at Belmont Park, live at 5 p.m. ET on NBC. The “Met Mile” broadcast is part of […]
Ryan Moore will carry Aidan O’Brien’s history-making hopes as he opts to ride Mogul in Saturday’s Epsom Derby, writes Will Jennings. O’Brien is vying to become the leading trainer in the race’s 240-year history after watching seven horses triumph under his auspices since 2001, with two-time Derby winner Moore choosing to pilot his colt in the […]
Knightsbridge are donating all proceeds from the sale of the Honorius Stallion Covers to Ronald McDonald House Westmead bloodstockauction.com/catalogue/58 Honorius stands privately for the Heffernan family and the only way to secure a nomination to Honorius is to contact Bloodstock Auction. Bred to be a Champion Honorius is an impressive stallion with an impeccable pedigree […]
Tencent Music Entertainment Group (TME) (NYSE:TME) has established a strategic partnership with CoMix Wave Films Inc. (CWF), a leading Japanese animated movie studio and distribution company known especially for the works of Makoto Shinkai and Jiro Tsunoda. Under this new partnership, the original soundtracks from 17 popular animated movies, including 5 Centimeters per Second and […]
SK hynix Inc. (or ‘the Company,’ www.skhynix.com) announced that it has started the full-scale mass-production of high-speed DRAM, ‘HBM2E’, only ten months after the Company announced the development of the new product in August last year. SK hynix’s HBM2E supports over 460GB (Gigabyte) per second with 1,024 I/Os (Inputs/Outputs) based on the 3.6Gbps (gigabits-per-second) speed […]
Micro Focus’ IDOL Named a Leader Among AI-Based Text Analytics Platforms Unified Unstructured Data Analytics Solution Earns Recognition in Evaluation of Current Offering, Strategy and Market Presence Micro Focus (LSE: MCRO;NYSE: MFGP) today announced that it has been recognized as a Leader in the 2020 Forrester AI-Based Text Analytics Platforms Wave Reports* for its unified […]
Digital Realty (NYSE: DLR), a leading global provider of data centre, colocation and interconnection solutions, announced today the development of a new, carrier-neutral data centre in a purpose-built facility in Hong Kong – to be named Digital Realty Kin Chuen (HKG11). The move marks another significant expansion of PlatformDIGITAL™ across Asia Pacific, closely following the […]
National Programme for Happiness and Wellbeing On 7 March 2016, H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai reviewed National Programme for Happiness and Wellbeing (formerly: National Programme for Happiness and Positivity) presented by Her Excellency Ohood bint Khalfan Al Roumi. The programme sets government policies, […]
$TSLA #TESLA $F $GM Tesla engineered its latest coup Wednesday, becoming the world’s richest car company while two of Detroit’s old guard, General Motors and Fiat Chrysler, reported sagging auto sales amid the coronavirus pandemic. Led by Elon Musk, Tesla has had its share of ups and downs, but shares have risen steadily since late […]
$FB #FACEBOOK StopHateForProfit Adidas, Puma, Coca-Cola, Starbucks, Unilever, Ford… not a day goes by without another big brand pulling ads from Facebook and other social media, a campaign that is weakening advertising-dependent sites but whose ultimate impact remains uncertain. Over 400 firms have joined the #StopHateForProfit campaign to protest hate speech on the internet that […]
Industries hit hard by the coronavirus pandemic showed signs of life in June, hiring 2.4 million workers, payroll services firm ADP said Wednesday. The three million hires in May means that more than five million people are back at work of the 20 million who lost their jobs in March and April. However, the hiring […]
#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]
After a successful launch this afternoon, the third Lockheed Martin (NYSE: LMT)-built GPS III satellite is now headed to orbit under its own propulsion. The satellite has separated from its rocket and is using onboard power to climb to its operational orbit, approximately 12,550 miles above the Earth. GPS III Space Vehicle 03 (GPS III […]
Dun & Bradstreet Holdings, Inc. (“Dun & Bradstreet”) today announced the pricing of its initial public offering of 78,302,272 shares of common stock at an initial public offering price of $22.00 per share. The shares are expected to begin trading on the New York Stock Exchange on July 1, 2020 under the symbol “DNB.” The initial public […]
$WB $GS #WEIBO #BONDS Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced the pricing of its public offering of US$750 million aggregate principal amount of its 3.375% notes due 2030. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected […]
Keeneland has announced Keeneland at Home Presented by Central Bank, which offers a variety of creative and fun ways for fans to remotely enjoy Keeneland’s five-day Summer Meet, to be held July 8-12. The season, which accommodates a portion of the 16-day Spring Meet that Keeneland was forced to cancel due to the COVID-19 outbreak, will […]
Group 3, 2-year-olds, 1,000m/5f, €56,000 Created in 1925 Last winner: Maven (f2 USA by American Pharoah ex Richies Party Girl, by Any Given Saturday), owned by Richard Ravin, bred by Wesley Ward, trained by Wesley Ward, ridden by Mickaël Barzalona. Record-time: 56’’3 by Percolator (2008) The race is run in 2020 for the 90th time The 2019 edition […]
#SWINEFLU #PANDEMIC #CHINA #PIGS Chinese researchers studying influenza viruses among pig populations between 2011 and 2018 conducted 30,000 nasal swabs from animals in 10 provinces – and found 179 swine flu viruses, the majority of which were of a new kind. The study described pigs as important “mixing vessels” for pandemic influenza viruses, adding that […]
A small but select field are entered for the Sandown Park Group 1 on Sunday Star mare Enable is on course to defend her Coral-Eclipse crown, but it will be no easy task with an eye catching field unveiled at the entry stage today. Enable odds-on for repeat Coral-Eclipse triumph: John Gosden-trained mare 10/11 for […]
#COOLMORE #UNCLEMO #FASIGTIPTON Uncle Mo’s 2-year-old colt out of Miss Ocean City sold for $1.1 million to Donato Lanni for Michael Lund Petersen to top the opening session of the Fasig-Tipton Midlantic Two-Year-Olds in Training Sale on Monday. The colt is a half-brother to Grade II winner Azar and out of a half-sister to Grade […]
$XYF #CHINA #STOCKS With a rebounding Chinese Economy XYF looks set to make a comeback in late 2020 we have a $1.50 target on the stock. X Financial (NYSE:XYF) (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. […]
The Bahamas Ministry of Tourism & Aviation is preparing for Phase 2 reopening, July 1, which allows for the resumption of international travel. All travellers visiting The Bahamas beginning July 1, must: Present a COVID-19 RT-PCR Negative (Swab) Test. Those arriving between July 1-7 must present results less than ten (10) days old. Those arriving […]
Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission (the “SEC”) under an automatic shelf registration statement on Form F-3, pursuant to which the Company proposes to sell senior notes. The Company […]
#ECONOMY #USA #THEFED #CORONAVIRUS The US economy started to rebound earlier than expected, but the recovery will depend on containing the coronavirus and on government efforts to provide support, Federal Reserve Chair Jerome Powell said Monday. In comments just days after several southern and western US states, including Texas and Florida, were forced to reimpose […]
#ASIA #FX #STOCKS #CHINA #CORONAVIRUS Stock markets rose in Asia on Tuesday as traders welcomed positive economic data from China and the US, which helped offset a pick-up in virus infections and the reimposition of containment measures in some countries. The easing of lockdowns in recent months has been a key catalyst for world equities […]
#USDJPY #JPY #JAPAN Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another […]
#CHINA #ECONOMY #CORONAVIRUS China’s factory activity picked up pace in June, official data showed Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery. The world’s second-largest economy has been whirring back to life after the virus and sweeping lockdowns prompted a near-halt in activity at the […]
The advertiser boycott of Facebook has morphed into a global digital activist campaign aimed at curbing what they deem to be hateful and toxic content on the social media giant. But it is just another Anti-Trump move that seeks to limit your freedom of speech and access to information. The unprecedented move has been joined […]
blacklivesmatter #antifa #democrats YouTube on Monday shut down six conservative channels for violating rules against “supremacist” content (content not in support of #blacklivesmatter #antifa #democrats) , booting videos by David Duke, Stefan Molyneux and Richard Spencer. The video sharing platform pulled the plug on the channels as online social media platforms face increasing pressure from […]
#Vietnam #economy Vietnam’s economy unexpectedly expanded in the second quarter, shrugging off a coronavirus pandemic-caused global downturn, but it was still the country’s slowest growth in nearly three decades. Gross domestic product rose by 0.36 percent April to June compared to the same period last year, the General Statistics Office in Hanoi announced Monday. “It’s […]
#TRAVEL #THAILAND July is a month of the rainy season. The atmosphere is rainy, moist and cool. Every water resource is filled again, perfect for a challenging activity which is popular among both Thai and foreign tourists: rafting. In a flooding season like this, the more water, the more fun and challenge. Our recommended places […]
Lockheed paid suppliers $1.1 billion, added 8,300 jobs since pandemic Lockheed Martin CorporationTicker: NYSE:LMTPrice: $356.76Recommendation: Buy Read More
Global audit giant EY is facing growing questions and threats of legal action over its role in the bankruptcy of German payments processor Wirecard after signing off on the accounts for years. Some plaintiffs have already launched legal cases against EY after Wirecard’s spectacular bankruptcy last week. German shareholders’ association SdK said Friday it had […]
Atlantis Paradise Island announced today that the iconic resort property located on Paradise Island in The Bahamas would welcome guests to The Royal and Harborside Resort beginning July 7 and The Cove on July 14, as part of a phased reopening. The resort partnered with the world-renowned Cleveland Clinic and launched the Atlantis Clean & Safe […]
Simon announced today the grand opening of Siam Premium Outlets Bangkok, marking the arrival of Thailand’s first Premium Outlets®, bringing the world’s most popular brand of outlet shopping to the country. “We are thrilled to celebrate the opening of our newest Premium Outlet center serving the vibrant Bangkok region, as part of our continued international […]
(NASDAQ: RDFN) — Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Price growth began accelerating […]
#tencent $tstzf #china #games #tech #strongbuy Tencent Games, the world-leading game development, publishing and operation platform, unveiled a new chapter in innovative gameplay and quality games with a roadmap of more than 40 game product updates, including new self-developed and licensed games with fan favorite intellectual property (IP). The announcement made at the Tencent Games […]
#samsung #5g #huawei #sanctions With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine. Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to […]
Sales jumped almost 20 percent in March from the previous month and continued at a brisk pace through April, according to the government statistical agency. Classified as an essential service, pot stores remained open while online sales exploded. Industry expert Bradley Poulos, who teaches at Ryerson University in Toronto, said the pandemic has had a […]
#kentuckyderby #coronavirus #churchilldowns #kentucky The Kentucky Derby, which was rescheduled for September. 5 due to the novel coronavirus, will allow spectators onto the grounds to watch the Run for the Roses even as COVID-19 infections surge across parts of the United States, Churchill Downs Racetrack said on Thursday. “Our team is deeply committed to holding […]
#AmericanPharoah #kentucky #coolmore #ireland Harvey’s Lil Goil (3f American Pharoah x Gloria S., by Tapit) became the third Grade III winner in a week for American Pharoah and fifth stakes horse in 10 days with her win in the Grade III Regret Stakes at Churchill Downs on Saturday. Always shadowing the leader through the 1 […]
Keeneland has been granted approval to permit a limited number of participating owners to attend the upcoming Summer Meet, to be held July 8-12. Keeneland officials collaborated with Kentucky Gov. Andy Beshear and state public health officials to develop a plan that ensures the safety of horsemen and track employees under the Healthy at Work […]
#GDP #USA #FX #USD #CORONAVIRUS Real gross domestic product (GDP) decreased at an annual rate of 5.0 percent in the first quarter of 2020 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on […]