Dave Ashby is a 3D animator who puts Pokémon into a 3D space
Dave Ashby is a 3D animator who puts Pokémon into a 3D space
Japan's Nikkei average inched higher on Friday as investor confidence climbed over prospects of recovery in economic growth and corporate earnings following promising news on COVID-19 vaccine distribution. A drop in U.S. political uncertainty after President-elect Joe Biden's transition to the White House and signs of pick-up in the Chinese economy also lifted the market. Japan's Nikkei share average was up 0.38% at 26,637.01 by 0100 GMT, on track for its fourth straight session of gains while hovering near its 29-1/2-year intraday high touched on Wednesday.
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The second package of infrastructure investments assembled between the Mexican government and the private sector is worth up to about 200 billion pesos ($10 billion), according to two people familiar with the matter. The package follows an initial 297-billion-peso raft of investments set out last month, and heralds a further thawing in what have often been frosty relations between Mexican President Andres Manuel Lopez Obrador and business groups. Lopez Obrador said on Nov. 6 the next bundle of private sector-backed investments would soon be unveiled.
(Bloomberg) -- Brent oil traded near $48 a barrel -- but was on track for a fourth weekly gain -- amid signs of division among OPEC+ members just days before a key policy meeting on whether to extend production curbs.Futures in London edged higher after falling 1.7% on Thursday. West Texas Intermediate dropped 1.5% from Wednesday, with prices not closing on Thursday due to the Thanksgiving holiday in the U.S.While most analysts surveyed by Bloomberg are forecasting OPEC+ will postpone planned supply increases by three months to March at a meeting early next week, some see a chance of a shorter delay amid resistance from the United Arab Emirates and Iraq, which are eager to resume oil sales.Crude is up around 6% this week as signs Covid-19 vaccines could be rolled out within weeks led to expectations for a swift recovery in energy demand next year. The gains have happened even as the virus surges in Europe and the U.S., with Germany extending a partial lockdown for at least three more weeks.OPEC’s president said Thursday the group must remain cautious, with internal data pointing to the risk of a new oil surplus early next year if output is hiked in January. That came after Iraq’s deputy leader criticized the cartel, saying the economic and political conditions of member countries should be considered before they are asked to withhold production. The recent oil rally gives leverage to members reluctant go go along with the delay, Standard Chartered Plc said in a note. OPEC+ meets Nov. 30 to Dec. 1.“At this stage it looks like we are looking at a pullback in an uptrend,” said Michael McCarthy, chief market strategist at CMC Markets. It’s “almost certain” there will be some form of OPEC+ agreement, but the meeting is possibly less influential than it might have been given the focus on demand, he said.Brent is up 28% this month, with the global benchmark closing at overbought levels on Wednesday, a sign that a possible reversal had been on the cards. Several key oil timespreads have flipped to backwardation this week, a bullish signal where near-dated prices are more expensive than later-dated ones.Industrial action in Norway, meanwhile, could threaten some oil and gas production. If a long running safety guard strike isn’t resolved before the weekend, two of the country’s fields may have to stop flows.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Dow Jones futures fell Thursday as AstraZeneca said it'll likely run another coronavirus vaccine study. A key gauge suggests investors are getting excessively bullish.
‘The development of a blood test to continuously track how a patient’s cancer is changing and responding to treatment is an exciting step,’ says expert
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Black Friday Samsung Galaxy S7, S8 & S9 deals have landed, explore all the best Black Friday & Cyber Monday Samsung smartphone discounts
Save on Razer phones & laptop deals at the Black Friday & Cyber Monday sale, together with all the top Phone 2, Blade 15 & Blade Stealth savings Here’s our review of the top Razer deals for Black Friday & Cyber Monday, including all the latest discounts on gaming laptops, gaming phones and more gaming hardware. Access the latest deals by clicking the links below.Best Razer Deals: * Save up to 50% on a wide range of Razer gaming keyboards, mice, headsets & laptops at Walmart * Save up to $200 on Razer gaming PCs, gaming laptops, peripherals & accessories at Razer.com \- check out the latest deals on Razer computers, peripherals, headphones, gaming chairs, controllers & more * Save up to $80 on Razer gaming laptops, mice, keyboards, headsets & accessories at Amazon * Save on the Razer Phone 2 at Verizon.com \- featuring a 5.72-inch IGZO 120Hz screen, Snapdragon 845 processor, & an f/1.75 12MP camera * Save on the latest Razer Phone 2 at AT&T \- click the link for the latest Razer Phone 2 deals at AT&T Wireless * Save up to $450 on Razer Blade 15 gaming laptops at Amazon \- at only 15.6-inches the Razer Blade 15 is small but powerful with a 9th Gen Intel Core processor and GeForce RTX graphics card * Save up to $419 on Razer laptops at Amazon \- click the link for the latest deals on Razer gaming laptops like the Razer Blade Pro & Razer Blade Stealth * Save up to $80 on Razer Phones & Watches at Amazon \- check the latest deals on the Razer Phone 2 & Razer Nabu Watch at AmazonWant some more deals? Click here to enjoy the entire selection of deals at Walmart’s Black Friday & Cyber Monday sale and click here to browse Amazon’s latest Black Friday & Cyber Monday deals. Retail Fuse earns commissions from purchases made using the links provided.About Retail Fuse: Retail Fuse reports the latest retail news. As an Amazon Associate and affiliate Retail Fuse earns from qualifying purchases.Contact: Andy Mathews (firstname.lastname@example.org)
(Bloomberg) -- Bitcoin and other digital coins steadied Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.Bitcoin climbed above $17,400, following a slide of as much as 14% to $16,227 on Thursday. Fears over tighter crypto regulations and profit-taking after a frenetic rally were among the reasons cited for the tumble.“After big rallies in shares and various other assets, they are all vulnerable to a bit of a pause,” said Shane Oliver, head of investment strategy at AMP Capital Investors Ltd. in Sydney. “But Bitcoin more than most, as it surged higher far more and had become far more frothy with speculative interest.”The slump pared Bitcoin’s rally this year to about 140%, a climb that’s split opinion. Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness amid loose monetary policy as reasons for a durable boom. Set against that is a history of big swings, including the run up to a record three years ago that was followed by a spectacular bust.Proponents of digital assets say the current focus on cryptocurrencies compared with three years ago is different because of growing institutional interest, for instance from the likes of Fidelity Investments and JPMorgan Chase & Co.Just this week, Van Eck Associates Corp. launched a Bitcoin exchange-traded note on the Deutsche Boerse Xetra exchange. In October, PayPal Holdings Inc. said it would allow customers access to cryptocurrencies.FOMOOthers see signs of retail investors piling in to chase momentum for fast gains, storing up an inevitable reckoning. The rout in Bitcoin began just hours after it rose to within $7 of its record high of $19,511 set in December 2017.Concern about potential U.S. crypto rules help explain Thursday’s price drop across most major digital assets, said Ryan Rabaglia, global head of trading at OSL brokerage in Hong Kong.“It’s also not unusual to see a short-term pullback following periods of significant, accelerated gains as traders look to take profits before resetting once volatility subsides,” he said. “Once the dust settles, we’re back to business as usual with all medium to long-term bullish indicators still in play.”Bitcoin rose 2.3% as of 10:36 a.m. Friday in Tokyo, while Ether advanced 3.2% and XRP -- which slumped about 20% Thursday -- climbed 12.5%, according to prices compiled by Bloomberg.Crypto ‘Whales’A few large holders often referred to as whales own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto. That structure points to the risk of big price swings if major investors offload some of their stakes.“Bitcoin may be a victim of its own success,” said Michael McCarthy, chief market strategist at CMC Markets Plc in Sydney. “Traders suggested several large holders moved to lock in gains as the cryptocurrency reached for all-time highs.”AMP Capital’s Oliver said the depth of the recent plunge shows Bitcoin is “hardly a secure store of value,” adding it may be vulnerable if Covid-19 vaccines lead to a sharp global recovery next year.“Money printing and the debasement of paper currencies that Bitcoin enthusiasts are seeking to protect against may start to fade as an issue,” Oliver said.(Updates with strategist’s comment in the 12th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Profits at Chinese industrial firms rose 28.2% year-on-year in October to 642.91 billion yuan ($97.79 billion), official data showed on Friday, pointing to a steady recovery in the manufacturing sector after it was hard hit by the COVID-19 pandemic. Profits rose for a sixth straight month in October, after increasing by 10.1% year-on-year in September, the data from the National Bureau of Statistics (NBS) showed. For the January-October period, industrial firms' profits rose 0.7% on an annual basis, after falling 2.4% in the first nine months of 2020 compared with the same period last year.
As she steps into the staid chamber of Sao Paulo's city council, the first black trans woman elected to the municipal legislature is well aware of the dangers before her.
Whether it’s an X Rocker chair or a new headset, the day of deals is here
Britain will impose a new competition regime next year to prevent Google and Facebook using their dominance to push out smaller firms and disadvantage consumers. The code will be enforced by a dedicated unit within the Competition and Markets Authority (CMA), which this year said it needed new laws to keep the tech giants in check. Google and Facebook dominate digital advertising, accounting for around 80% of 14 billion pounds spent in 2019, Britain's competition regulator the CMA said.
It's been a rough year for Black-owned small businesses in the United States, and the latest surge in coronavirus cases suggests a festive season without much celebration.
BASE10 Genetics and DNA Link today announced their collaboration on a research project to evaluate the usability of DNA Link's AccuFind COVID-19 IgG antibody test in a healthcare setting.
The Ravens wont be able to enter their building until Monday, at the earliest.
Biden spent the holiday in the small seaside town of Rehoboth, Delaware, where he and his wife Jill have a vacation home. "We know that a small act of staying home is a gift to our fellow Americans," Biden said, adding that doing so was a "statement of common purpose that says we care about one another and we're all in this together." The former vice president said his family typically holds a large gathering on the island of Nantucket off Massachusetts, but would remain in Delaware this year because of the pandemic. Jill Biden said, "We're thankful for everyone who met this moment with kindness."