Make Yahoo Your Homepage
Discover something new every day from News, Sports, Finance, Entertainment and more!
Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion the economic damage of the COVID-19 pandemic. Republicans in the U.S. Congress have indicated they are willing to work with President Joe Biden on his administration's top priority, a $1.9 trillion U.S. fiscal stimulus plan, but some are opposed to the price tag. Democrats took control of the U.S. Senate on Wednesday, though they will still need Republican support to pass the program.
Japanese shares hit their highest close in 30 years, taking cues from solid overnight performances on Wall Street, on investor optimism over upbeat corporate earnings and that new U.S. administration's massive stimulus package will bolster growth. Republicans in the U.S. Congress have indicated they are willing to work with President Joe Biden on his administration's top priority, a $1.9 trillion U.S. fiscal stimulus plan, but some are opposed to the plan's price tag. Asian stocks touched all-time highs as investors hoped for more economic stimulus from the Biden administration to offset damage wreaked by the COVID-19 pandemic.
The new president starts dismantling his predecessor's legacy, signing a series of executive orders.
Mortsel, Belgium – January 21, 2021 – 7:45 a.m. CET This press release contains inside information. On January 20, 2021, the Board of Directors expressed the intention to organize the Offset Solutions activities into a stand-alone legal entity structure and organization within the Agfa-Gevaert Group. This intended reorganization is part of the strategic transformation program for the Agfa-Gevaert Group, To improve profitability and to address the significant decline in market demand, Agfa is reviewing its offset business model, simplifying its organization and streamlining its product offering. About Agfa The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2019, the Group realized a turnover of 2,239 million Euro. Contact:Viviane Dictus Director Corporate Communication T +32 (0) 3 444 71 24 E viviane.dictus@agfa.com Johan JacobsCorporate Press Relations Manager T +32 (0)3/444 80 15 E johan.jacobs@agfa.com Attachment 20210121_offset_UK
The United States' peaceful transition of power included a spotlight on fashion on Wednesday, as President Joe Biden and Vice President Kamala Harris were sworn in at the U.S. Capitol, both sporting American designers. Harris, the first woman, the first Black person and the first Asian American to hold the office, chose Black designers for the historic moment. At the Capitol she wore a mid-length purple coat and matching dress from New York-based designer Christopher John Rogers.
Lani Muller doesn’t have to visit a doctor’s office to help test an experimental COVID-19 vaccine — she just climbs into a bloodmobile-like van that parks on a busy street near her New York City neighborhood. “The legacy of African Americans in science in these sort of trials hasn’t been great and we haven’t forgotten,” said Muller, 49, a Columbia University employee whose participation in some prior research projects made her willing to get a test injection earlier this month.
Biden made brief remarks from the Lincoln Memorial, calling for unity after a contentious election. "This is a great nation, we're a good people, and to overcome the challenges in front of us requires the most elusive of all things in a democracy - unity. It requires us to come together in common love that defines us as Americans opportunity, liberty, dignity and respect and unite against common foes, hate, violence, disease and hopelessness," Biden said. The evening culminated with a fireworks show that Biden and his family watched from the White House balcony.
Moderna said on Tuesday it had received a report from the California Department of Public Health that several people at a center in San Diego were treated for possible allergic reactions after vaccination from one lot of its COVID-19 vaccine. The state health department held discussions with various U.S. authorities, including the U.S. Food and Drug Administration and the U.S. Centers for Disease Control and Prevention, and found no scientific basis to continue the pause, state epidemiologist Dr. Erica Pan said in a statement.
(Bloomberg) -- The Bank of Japan left its main policy unchanged after forecasting the economy will regain more lost growth than previously thought once it starts to recover from the current state of emergency.The BOJ held its interest rate and asset buying settings intact, according to a statement from the central bank Thursday. All 44 economists surveyed by Bloomberg predicted no change in the bank’s main policy levers ahead of a policy review in March.While the bank took a gloomier view of the current state of the economy as record cases of Covid-19 keep a state of emergency in place, the BOJ concluded that weaker growth at the end of the current fiscal year and a government stimulus package announced last month will result in a stronger rebound in the year starting April.“The BOJ became more cautious over the current state of the economy due to the renewed emergency. But their message is you don’t have to be more pessimistic about the following years as there’s a fiscal stimulus package on tap and expectations of a vaccine rollout,” said Eiji Kitada, chief economist at Hamagin Research Institute.Still, he added that the upgrade in the fiscal 2021 growth forecast to 3.9% from 3.6% is likely due to a rebound and shouldn’t be taken as a sign of optimism or a signal any policy tapering to come.Read More: BOJ Mulls Stimulus Mechanics as Covid-19 Extends TimelineAhead of the meeting, economists had taken the view that the bank would likely hold off any action until it completes a review of policy at its next gathering in March. By then the economic landscape and the trajectory for the pandemic should be much clearer.Markets showed scant reaction to the largely in-line outcome of the meeting, with stocks and the yen little changed from levels before the decision.What Bloomberg Economics Says...“The conclusions of the review -- due in March -- will likely hinge on the strength of the economy. The better outlook suggests any adjustments the BOJ makes will be aimed more at improving the quality of its stimulus rather than the quantity.”\-- Yuki Masujima, economistFor the full report, click hereShortly after the BOJ’s decision, the Suga administration nominated a reflationist to the BOJ board, helping to assure policy continuity. Asahi Noguchi, a Senshu University economics professor, was chosen as a candidate to become one of the Bank of Japan’s nine board members from April.Suga Government Nominates Reflationist Academic to BOJ Board (2)Currently about 60% of the economy is subject to advisories that mainly call for reduced activity in the evenings after Prime Minister Yoshihide Suga widened the state of emergency beyond the Tokyo region to include most of Japan’s other business hubs.The BOJ has concentrated its efforts during the pandemic on ensuring businesses have access to cash and keeping markets stable. Its relative success so far and the prospect of vaccine distribution over the coming months gave it enough breathing room to monitor developments for now.Still, the bank’s gloomier view of the country’s immediate economic health, and its downside risks, adds to evidence the bank is a long way from the cautious optimism of some of its global peers. Some Federal Reserve officials see the possibility of a much stronger U.S. rebound once vaccines are widely delivered.The gap in perceptions may help relieve some upward pressure on the yen. The currency hit a nine-month high against the dollar earlier this month, pushing Japanese exporters closer to loss-making levels when they are already facing lower demand amid the pandemic.In its quarterly outlook report, the bank said the economy is picking up “as a trend.”The BOJ delivered that assessment after a report earlier Thursday showed demand from China, which has managed to contain the virus and last quarter roared back to pre-pandemic growth rates, last month drove the first year-on-year gain in Japanese exports since late 2018.The shipments gain is positive sign, but even continued increases probably won’t be enough to offset the damage to Japan’s service sector amid the renewed emergency.In the short-term, the BOJ forecast the economy will shrink 5.6% in the year through March, compared with its October forecast for a 5.5% contraction. The previous projection was already worse than the consensus among economists.On inflation, the BOJ kept its projection that price growth is unlikely to meet the bank’s 2% target before early 2023, when Governor Haruhiko Kuroda’s current term expires.Following the decision to hold policy, BOJ watchers will shift their focus to any hints Kuroda may give about a policy review in March. Kuroda has made clear he isn’t considering a major overhaul, but has flagged the buying of exchange-traded funds and the mechanics of its yield-curve management as areas needing consideration.Kuroda is set to brief reporters at 3:30 p.m. in Tokyo.(Adds details on exports and BOJ board member nomination)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.
Going all-in on star power was an easy decision, assuming Irving stays onboard and unexpected absences won’t become the norm. But staying pat could have the Nets on the outside looking in, although smart money says Marks will be scraping the lint in Brooklyn’s pockets to cover the glaring holes.
Asian shares mostly rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, starting a recovery that's crucial for the export-driven Asian region. Japan's benchmark Nikkei 225 rose 0.8% to finish at 28,756.86.
Nel ASA (Nel, OSE: NEL) today hosts the Nel Capital Markets Day 2021, outlining the target of producing green hydrogen at USD 1.5 per kilo* by 2025, to outcompete fossil alternatives. Cost reductions through scale-up of production to multi-GW scale, growing the organization to add capacities and capabilities, and investing in technology for the near- and long-term are crucial components in ensuring that Nel continues to be the global leader in the hydrogen industry.
DALAS, TX / ACCESSWIRE / January 21. 2021 / According to a new market report published by Lucintel, the future of global continuous fiber thermoplastics (CFT) market looks promising with opportunities in transportation, aerospace & defense, industrial, and sporting goods industries.
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 20 Jan 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 26.3818£ 23.0952Estimated MTD return 1.72 % 1.43 %Estimated YTD return 1.72 % 1.43 %Estimated ITD return 163.82 % 130.95 % NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 21.40N/APremium/discount to estimated NAV -18.88 %N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -22.06 % Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,275,769 294,494Held in treasury 217,500N/AShares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 221.9983 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL 20.01.2021
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 20 Jan 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 26.3818£ 23.0952Estimated MTD return 1.72 % 1.43 %Estimated YTD return 1.72 % 1.43 %Estimated ITD return 163.82 % 130.95 % NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 21.40N/APremium/discount to estimated NAV -18.88 %N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -22.06 % Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,275,769 294,494Held in treasury 217,500N/AShares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 221.9983 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL 20.01.2021
Lannion, January 21, 2021 – 7:30am LUMIBIRD CONFIRMS ITS INTEREST IN CILAS Following a rumour published in the French newspaper LA TRIBUNE concerning LUMIBIRD's interest in CILAS if the company was to be sold by its shareholders, LUMIBIRD confirms that such an acquisition would be in line with its development strategy. CILAS and LUMIBIRD have highly complementary technology portfolios which together would constitute the European leader in laser technologies for the Defence market, and could thus be the technological partner of major Defence integrators. LUMIBIRD will study the CILAS opportunity with the financial discipline it has always applied in its acquisition strategy. In accordance with its obligations, LUMIBIRD will inform the market should this opportunity materialise. Next date: 2020 full-year revenues and 2023 objectives on January 25, 2021 (after close of trading) LUMIBIRD is one of the world's leading specialists in lasers. With 50 years of experience and a mastering of solid state laser, laser diodes and fiber laser technologies, the Group designs, manufactures and markets high performance lasers for scientific (laboratories and universities), industrial (manufacturing, defense, Lidar sensors) and medical (ophthalmology) markets. Born from the combination of Keopsys Group with Quantel in October 2017, LUMIBIRD has more than 800 employees and over €110 million of revenues in 2019 and is present in Europe, America and Asia. LUMIBIRD shares are listed on the Euronext Paris B Compartment. FR0000038242 – LBIRD www.lumibird.com Contacts LUMIBIRDMarc Le FlohicChairman and CEOTel. +33(0) 1 69 29 17 00info@lumibird.com LUMIBIRDAude Nomblot-GourhandSecretary General – CFOTel. +33(0) 1 69 29 17 00info@lumibird.com CalyptusMathieu CalleuxInvestors RelationsTel. +33(1) 53 65 37 91lumibird@calyptus.net Attachment 210121_LUMIBIRD_CILAS_EN
DALLAS, TX / ACCESSWIRE / January 21, 2021 / According to a new market report published by Lucintel, the future of the global carbon fiber textile market looks promising with opportunities in transportation, marine, wind energy, aerospace/defense, and construction industries. The global carbon fiber textile market is expected to decline in 2020 due to global economic recession led by COVID-19.
Belfast born, London-based electronic duo Bicep are about to release the most anticipated dance album of 2021. But, they tell Sean Griffiths, they have no patience for people still playing shows – or the UK government
Perhaps Karlsson's performance Wednesday can serve as a turning point for him this season.
China announced on Wednesday it would slap sanctions on outgoing U.S. Secretary of State Mike Pompeo, and 27 other top officials under Donald Trump. The Chinese foreign ministry announced the sanctions around the time of U.S. President Joe Biden's inauguration and said it would work to cooperate with Biden's new administration. But a spokeswoman for Biden's National Security Council on Wednesday called the sanctions quote "unproductive and cynical" and "an attempt to play to partisan divides," urging both Republicans and Democrats to condemn the action. In its statement, the Chinese foreign ministry said Pompeo and others had quote "gravely interfered in China's internal affairs, undermined China's interests, offended the Chinese people, and seriously disrupted China-U.S. relations." The move reflected China's anger over an accusation Pompeo made on his final day in office, that China had committed genocide against Uighur Muslims in its Xinjiang region. Biden's Secretary of State, Anthony Blinken, said Tuesday he agreed with that assessment. Chinese foreign ministry spokeswoman Hua Chunying dismissed Pompeo's allegations Wednesday, calling him a "laughingstock" and a "clown." The sanctions come after Trump imposed sanctions on Chinese officials and companies for alleged misdeeds in the South China Sea. The 28 ex-officials and their immediate family members being sanctioned also include trade chief Peter Navarro, National Security Advisers Robert O'Brien and John Bolton, Health Secretary Alex Azar, U.N. ambassador Kelly Craft and former top Trump aide Steve Bannon. The sanctions bar them from entering mainland China, Hong Kong or Macao, and companies associated with them would be restricted from doing business with China. China has repeatedly rejected accusations of abuse in Xinjiang, where a United Nations panel has estimated at least 1 million ethnic Uighurs and other Muslims have been detained in camps.
