This replica Mercedes-Benz is made of wood and abandoned car parts
This replica Mercedes-Benz is made of wood and abandoned car parts
(Bloomberg) -- Asian stocks were mixed Wednesday after a record close for their U.S. peers, as investors assess revived fiscal-spending talks and progress on coronavirus vaccines. The dollar held a slide to a more than two-year low.South Korea outperformed, while stocks edged up in Japan and were flat in China and Hong Kong. S&P 500 futures slipped after the gauge closed up more than 1%. European contracts also declined.Congressional efforts to pass additional coronavirus relief crept ahead Tuesday as House Speaker Nancy Pelosi presented a fresh Democratic proposal and Senate Majority Leader Mitch McConnell floated a revision of his smaller plan to fellow Republicans. Benchmark Treasury yields stayed above 0.9%.Oil extended losses as tensions between OPEC members heightened uncertainty over the group delaying its planned output increase. Gold held an advance, while Bitcoin retreated after almost reaching $20,000 for the first time.After a record month for global stocks, the rally that’s been fueled by vaccine breakthroughs looks like it may be cooling. Pfizer Inc. and partner BioNTech SE have sought regulatory clearance for their Covid-19 vaccine in the European Union and BioNTech said it could start shipping the first doses “within hours” after approval. Still, the pandemic continues to gather strength across the U.S. and policy makers are warning about the economic implications.“The question is how much is already priced in, and is the upside therefore limited?” Esty Dwek, head of global market strategy at Natixis Investment Managers Solutions, wrote in a report. “As we look to 2021, the outlook is one of improvement and leaving behind the chaos of the pandemic. Still, a number of risks remain.”Federal Reserve Chairman Jerome Powell cautioned lawmakers that the U.S. economy remains in a damaged and uncertain state during testimony at a Tuesday hearing before the Senate Banking Committee. In Australia, the central bank governor said a recovery is underway but remains patchy.These are some key events coming up:Fed’s Powell testifies before Congress again on Wednesday.The U.S. employment report on Friday is expected to show more Americans headed back to work in November, though at a slower pace than October.Here are some of the main moves in markets:StocksS&P 500 futures fell 0.3% as of 12:40 p.m. in Tokyo. The S&P 500 Index rose 1.1% on Tuesday.Topix index rose 0.4%.Hang Seng was little changed.Australia’s S&P/ASX 200 Index slipped 0.1%.Kospi index gained 1.3%.Shanghai Composite rose 0.1%.Euro Stoxx 50 futures fell 0.4%.CurrenciesThe Bloomberg Dollar Spot Index was steady after declining 0.7% Tuesday.The yen was little changed at 104.42 per dollar.The offshore yuan rose 0.1% to 6.5452 per dollar.The euro was little changed at $1.2076, after rising over 1% Tuesday.BondsThe yield on 10-year Treasuries was at 0.91% after climbing nine basis points.Australia’s 10-year bond yield jumped seven basis points to 0.99%.CommoditiesWest Texas Intermediate crude fell 1% to $44.11 a barrel.Gold fell 0.3% to $1,809.67 an ounce.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.
Hong Kong is limiting most gatherings to just two people and ordering compulsory testing of workers at retirement homes and facilities for people with disabilities, among tightening measures to contain a new wave of the coronavirus. Since Nov. 17, it has reported more than 1,000 confirmed cases, only a few of which were brought from outside the city. Exceptions were made for some group gatherings, including a limit of 20 people for weddings and shareholder meetings, but religious activities and group travel would no longer be exempt.
Founders of Quantic launch mobile-first platform to empower disadvantaged Jordanian youth & Syrian refugeesThe post The Disruptors: Miya Miya, Teaching Refugees In A War-Torn Region appeared first on Poets&Quants.
With congressional talks close to finalizing this year’s defense policy bill, lawmakers are wrestling with the Trump administration’s last-minute demand to include its legislation to overhaul the tech industry’s prized liability shield.
Opera singer Ryan Gallagher was absent from Monday's live playoffs, with 'The Voice' host Carson Daly saying he had to 'exit the competition.'
The attorney general, a faithful Trump ally, admitted there was no evidence of widespread vote fraud that would change the election outcome.
BEIJING, China, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,646 Li ONEs in November 2020, continuing its growth momentum. November was another record-setting month for Li ONE, marked by over 5,000 units produced and an even higher number of new orders. 2020 Q12020 Q22020 Q32020 Jan–Nov Deliveries2,8966,6048,66026,498 As of November 30, 2020, the Company had 45 retail stores covering 38 cities, and 97 servicing centers and Li Auto-authorized body and paint shops covering 72 cities. To meet the growing demand of its vehicles across China, the Company targets to further expand its direct sales and servicing network while maintaining a high level of sales efficiency.About Li Auto Inc.Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric SUVs. Through innovative products, technology, and business model, the Company provides customers with safe, convenient, and cost-effective mobility solutions. Li Auto is the first to successfully commercialize extended-range electric vehicles in China. The Company started volume production of its first model, Li ONE, in November 2019. With Li ONE, the Company leverages its in-house technology to create value for its customers, focusing on range extension, smart technology, and autonomous driving solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles to target a broader consumer base.For more information, please visit: http://ir.lixiang.com.Safe Harbor StatementThis press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles, Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor and media inquiries, please contact:Li Auto Inc. Investor Relations Email: firstname.lastname@example.orgThe Piacente Group, Inc. Yang Song Tel: +86-10-6508-0677 Email: Li@tpg-ir.comBrandi Piacente Tel: +1-212-481-2050 Email: Li@tpg-ir.com
The family was waiting in line to enter Christmas Tree Lane when it stopped on the tracks. That's when the deadly crash happened.
Police are looking for an attempted kidnapper who allegedly has ties to incidents in Pennsylvania and South Jersey.
No. 6 Florida and Tennessee are set to square off for the 50th time in a series usually simply called the "Third Saturday in September," and the Southeastern Conference rivals are trending in opposite directions. On Saturday afternoon at legendary Neyland Stadium, the visiting Gators (7-1, 7-1 SEC) -- winners of five straight since losing to Texas A&M -- can clinch the SEC East with a victory against the Volunteers or a Georgia loss against winless Vanderbilt. A division title would be the Gators' first since 2016, which would send them to Atlanta on Dec. 19 for the SEC Championship Game, likely against undefeated and top-ranked Alabama.
In a few weeks' time, Britain leaves the European Union single market and Brussels turns off the tap of financial support for the country's most deprived regions.
Board members approved a one-time $500 bonus for all full-time benefits earning employees. The bonus is in response to the hard work staff members have done throughout the pandemic.
Joining more than 30 countries, New Zealand on Wednesday took the symbolic step of declaring a climate emergency. The government also launched a new initiative requiring many public agencies to become carbon neutral by 2025, in part by getting rid of coal boilers and buying electric cars. Prime Minister Jacinda Ardern said the government usually declares emergencies only for things like natural disasters, but that if it doesn't address climate change, such disasters will continue to happen.
Jerry Nehl Boylan has been accused of "misconduct, negligence, and inattention to his duties" that resulted in the deaths of 34 people last year
Jaguar has given its rowdiest SUV a bit more bite.
Fresh off a 200-plus-yards rushing game from their third-string running back, the No. 15 Oklahoma State Cowboys (6-2, 5-2 Big 12) will take their Big 12 title hopes into Fort Worth, Texas, to meet the TCU Horned Frogs (4-4, 4-4) on Saturday. In his first career start, Dezmon Jackson ran for 235 yards and three touchdowns on 36 carries, and the Cowboys needed every bit of the offense in defeating visiting Texas Tech, 50-44. Jackson's opportunity developed because 2019 consensus All-American Chuba Hubbard (3,459 yards rushing in 33 career games) and LD Brown were out with injuries.
A local hospital will play a leading role in administering the coronavirus vaccine to the region.
Justin Townes Earle died in August at the age of 38. A few days after his death, a Metro Nashville Police Department spokesperson told SPIN that the cause of death was "likely related to a drug overdose." In a statement shared on Townes Earle's social media accounts, his estate confirmed that the singer-songwriter died from "usage…
Durham police are investigating after a man was shot and killed Tuesday evening on East Main Street.