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The Brookfield Zoo has welcomed this adorable 1-month-old otter pup to its family
(Bloomberg) -- Chinese President Xi Jinping called for greater global economic integration and warned against decoupling while calling on the U.S. and its allies to avoid “bossing others around.”“International affairs should be conducted by way of negotiations and discussions, and the future destiny of the world should be decided by all countries,” Xi said on Tuesday at the Boao Forum on Asia, without naming the U.S. specifically. “One or a few countries shouldn’t impose their rules on others, and the world shouldn’t be led on by the unilateralism of a few countries.”In a veiled critique of U.S. efforts to reduce dependence on Chinese supply chains and withhold exports of goods like advanced computer chips, Xi said “any effort to build barriers and decouple works against economic and market principles, and would only harm others without benefiting oneself.”“What we need in today’s world is justice, not hegemony,” Xi said, adding that China would never engage in an arms race. “Bossing others around or meddling in others’ internal affairs will not get one any support.”Xi spoke by video to more than 2,000 officials and business executives attending the Boao conference in person in the southern island province of Hainan. Global leaders and the heads of the International Monetary Fund and United Nations attended the opening ceremony via video-link, according to state media.After canceling the forum last year because of the coronavirus outbreak, China is signaling it’s open for business with the resumption of the conference, billed as an Asian version of the World Economic Forum in Davos. Officials have in the past used the event to announce major steps to open up the financial system, including the establishment and expansion of the stock connect program that links mainland exchanges with Hong Kong.China is making a concerted effort to improve ties with U.S. businesses in particular. A slew of American executives are participating in the forum, including Apple Inc.’s Tim Cook, Tesla Inc.’s Elon Musk, Blackstone Group Inc’s Stephen Schwarzman and Bridgewater Associates’ Ray Dalio.Climate IssuesA key focus was on any new climate goals from Beijing, following promises from the U.S. and China to work together to tackle climate change after a visit by U.S. global climate envoy John Kerry to Shanghai last week.Xi didn’t provide any new targets on his drive to cut China’s carbon emissions or tackle global climate change. His speech had multiple mentions of the words “green” or “sustainability,” but offered no new pledges or suggestions for the pathway to carbon neutrality.“We need to follow the philosophy of green development, advance international cooperation on climate change and do more to implement the Paris agreement on climate change,” Xi said.He vowed that projects in the Belt and Road Initiative will be sustainable, and “green should effectively become the strategy’s background color.”Xi has called for China’s signature foreign policy strategy to go green since 2019 amid criticism from environmentalists. Roughly two-thirds of the infrastructure initiative’s funding has gone to oil, coal and natural gas projects, according to Boston University’s Global Energy Finance Database, which tracks data from two state-owned development banks.Washington has also been critical of the Belt and Road plans, saying that China’s loans locked poorer countries in “debt traps” while advancing its own strategic aims.U.S. President Joe Biden will host a virtual climate conference on Thursday and Friday with world leaders. Xi will participate in the event, Dow Jones has reported.Secretary of State Antony Blinken said the U.S. is falling behind China in the race to seize opportunities created by climate change. The issue will increasingly be at the center of U.S. foreign policy but Blinken vowed that the Biden administration won’t let other countries get away with bad practices such as human rights abuses because they’re making progress on curbing climate change.The argument appeared to be aimed at rebutting growing criticism, particularly from Republicans, that Kerry may trade away U.S. interests in a push for climate cooperation with China.(Updates with Xi’s comments in 11th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- Armin Laschet appeared to gain the upper hand in the battle to succeed Angela Merkel at the head of conservatives’ ticket this September after winning a clear majority in a vote among his party’s leadership.Laschet, the head of Merkel’s Christian Democratic Union, won the backing of 31 out of 46 members of his party’s top committee -- or 67% -- in a ballot early Tuesday morning to determine who should lead the center-right bloc into the national election, according to a person familiar with the outcome. His rival for the top job, Bavarian State Premier Markus Soeder, won just nine votes, with six abstentions.The result, following an evening debate that stretched on for hours, may give the 60-year-old Laschet the edge in their contest. All eyes now are on Soeder after he said earlier on Monday that he would accept a clear CDU vote in favor of Laschet. Lawmakers in the Bundestag from Soeder’s Bavarian sister party will meet in Berlin on Tuesday morning and the wider lower-house caucus of the two parties will gather later in the afternoon.Laschet in recent days has refused to capitulate even as some in his own party threw their support behind Soeder. Polls show the Bavarian would have a significant advantage among voters leading the CDU/CSU ticket. Still, many others in the CDU have remained loyal to Laschet, who just took over the party in January.Earlier on Monday, Laschet insisted he wanted to resolve the standoff over the CDU/CSU candidacy “very swiftly.” Polls suggest that Germany’s conservatives could be headed for their worst ever election result, losing support to the Greens, who nominated Annalena Baerbock as their candidate on Monday.“The goal is to win this election and that will only be possible with a great deal of unity and a single candidate,” Laschet told reporters in Berlin.Even if Laschet holds on to nab the nomination, he’s been significantly weakened by the split in his party, with many openly voicing their support for Soeder. On Sunday, the CDU’s youth wing voted to back the CSU leader, and three CDU state premiers -- from Saxony-Anhalt, Saarland and Saxony -- have also broken ranks with the rest of the party leadership and put their weight behind the Bavarian. During the session on Monday evening in Berlin, some CDU officials -- including Economy Minister Peter Altmaier, a close Merkel ally -- spoke out in favor of Soeder, damaging Laschet’s authority over the party.Yet Laschet has refused to fold and Soeder has failed to deliver a knock out blow that would decide the contest, despite appearing to seize the momentum over the weekend.The son of a coal mining foreman, Laschet graduated in law, once edited a Catholic newspaper and was a legislator in the Bundestag as well as the European Parliament before being elected leader of Germany’s most populous state in 2017.He would be likely to continue Merkel’s centrist policies as well as her low-key style of leadership, if he can claim the nomination and defend his slim advantage going into September’s national vote. Yet he would inherit a raft of new challenges, ranging from overcoming the coronavirus pandemic to managing a transition to green technology and tackling the threats posed by China and Russia.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
If you think Patrick Marleau hasn't cared, you simply haven't been paying attention.
In a nationwide survey, 61.6% of U.S. adults (ages 25+) who paid for professional credit repair services received a 65 point credit score increase or higher. Credit repair services were also shown to be more effective when consumers stayed with the repair company for over 6 months. But buyer beware! 12% of respondents thought the repair company's business practices were 'Shady' or 'Borderline illegal.'
The shares purchased by DNB on behalf of Equinor (OSE: EQNR, NYSE: EQNR) on 15 April 2021 for use in the group’s share saving plan have on 20 April 2021 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 10,120,374 shares. As participants in the share saving plan, Equinor’s primary insiders, and their close associates have been allocated shares at an average price of NOK 167.37 Details on allocation of shares are set forth in the attached overview. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment Equinor primary insiders April 2021
Familiar names returning to the top of leaderboards, and a travelling American winning a return ticket home dominate AFP Sport's golf talking points this week:
(Bloomberg) -- Danske Bank A/S has once again lost a chief executive, ushered out under yet another cloud of scandal. Denmark’s main shareholder group says the question now is whether there’s such a thing as a qualified CEO with a perfectly clean record.The biggest Danish bank stunned investors on Monday when it revealed it was parting ways with Chris Vogelzang, its third CEO in as many years. The 58-year-old is leaving Danske after becoming the subject of an investigation tied to his former employer, ABN Amro, and its alleged failure to live up to anti-money laundering laws.Read: Danske Bank CEO Quits After Being Named in ABN Amro Probe Mikael Bak, the head of the Danish Shareholders’ Association, says Vogelzang’s departure is “regrettable.” He also says it’s possible that the modern-day “code of ethics, in a way, makes it difficult to recruit top managers.”“It’s good for society that the ethical judgment is tough,” he said. “But when it becomes so tough that it limits the number of candidates for top managerial positions, it may become problematic from a shareholder’s point of view.”Danske’s board chose Vogelzang back in 2019, after a drawn-out and difficult process. The bank, which is itself being investigated in the U.S. and Europe for its role at the center of a vast Estonian laundering scandal, had fired Thomas Borgen as CEO in late 2018. Efforts to get Danske’s chief financial officer promoted to the top job backfired when the Danish regulator said he wasn’t experienced enough. An interim CEO was then kicked out after he got caught up in a separate scandal.‘Very Careful’Vogelzang was thoroughly vetted, according to Chairman Karsten Dybvad, whose predecessor was ousted for failing to prevent Danske’s laundering scandal. “We really looked into everything at that time. We were very careful.” So news of the Dutch criminal investigation was a “surprise,” Dybvad said by phone.Read: Ex-ABN Banker Running Danske Says He Knows Nothing of Dutch CaseDanske’s board has now promoted its chief risk officer, Carsten Egeriis, to the top job. The 44-year-old former Barclays Plc CRO points out that he’s had “more than 20 years of experience across various different financial services and institutions.”“I’m very comfortable in the work and the decisions that I have done in that career so far,” Egeriis said by phone. Dybvad said the Danish regulator has already told Danske that Egeriis can be CEO.Denmark’s financial laws and regulations, including those guiding qualifications for executives and board members, have been tightened considerably since Danske’s money laundering scandal erupted in late 2018. The bank admitted in September of that year that a large part of 200 billion euros ($240 billion) in non-resident funds that flowed through a now-shuttered Estonian unit was suspicious.‘Thin Ethical Line’Denmark’s government would be willing to look into making changes to existing financial legislation if the regulator deems it necessary, said Olav Hav, a spokesman for the ruling Social Democrats on the parliamentary committee overseeing bank laws.“If the Danish FSA sees a need to make adjustment to rules, I am confident that both parliament and the government will listen very closely to that,” he said. The regulator declined to comment.Meanwhile, Hav said that it’s “a concern that people with the necessary experience to enter Danske Bank at this level can only be recruited among people working very closely to the thin ethical line in the international world of finance.”Egeriis says bank CEOs have to accept the new rules of the game, which he says require being “hyper-vigilant” when it comes to the risk of financial scandals.“There is clearly a lot that’s happened in the banking industry in terms of improving controls and processes, and investments,” he said. “But it is not easy and it is something that takes up a lot of management time and will continue to do so.”(Adds comments from newly appointed CEO in final paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
India's government and parts of the media ignored warnings about a rising wave of cases, experts say.
London has a new pharmacybut all the items are made out of feltThe art exhibition has over 15,000 piecesEach product took 20 minutes to makeVisitors can buy clones of popular chemist itemsNAME: LUCY SPARROW, ARTIST"So we've got the hand sanitiser, that we've all been very accustomed to using over the last couple of months and years, and we've got "Chanel No. 5", which is like your high end stuff, and that is £120. So something for everyone.""I think my absolute favourite item is the probably the family pack of toothbrushes, just because there's so many of them, and it's just such a lovely item. All the bristles are made from thread and it's nice and interactive."The exhibition was a year in the making It's open to the public by appointment
Long before the Big Ten had 14 teams and the Pac-8 had grown to the Pac-12, there were folks in college sports tossing around the idea of a national football conference. Back in the 1950s, Pittsburgh athletic director Tom Hamilton proposed Southern California, UCLA, Stanford, California and Washington join up with Army, Navy, Notre Dame, Pittsburgh, Syracuse, Penn State and Air Force to form an Airplane Conference.
AI Workload Scaling with GigaIO FabreX for Dynamically Configured Rack-scale Architectures showcasing Intel Optane at WWT’s Advanced Technology Center
Traders are uneasy about a rise in inflation and interest rates and renewed coronavirus infections that prompted some governments to reimpose anti-disease controls.
The FTSE 100 could fall below the 7000 level today after tech stocks tumbled following a slump in Bitcoin. The cryptocurrency lost ground over the weekend and into Monday, hitting sentiment in technology shares in the US last night. Traders said that would take some of the momentum out of the markets in Europe, where improving sentiment around the Covid vaccines had pushed the FTSE 100 through 7000.
Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and Mersen (MRN: PA), a global expert in electrical power and advanced materials, announced today a joint collaboration to develop devices that will help make electric vehicles safer.
The island has tried everything from cloud seeding to prayer during its worst drought in 56 years.
For moviegoers accustomed to stoner-dude protagonists, “The Marijuana Conspiracy” offers a nice change. The Canadian drama, set in 1972, is full of Mary Janes. Okay, really just one Mary and one Jane. But they’re joined by other young women who answer a call to participate in a research project. For 98 days, Mary, Janice, Jane, […]