On this episode of ITK Wellness Lab, Dr. Alok Patel discusses the pros and cons of juicing.
On this episode of ITK Wellness Lab, Dr. Alok Patel discusses the pros and cons of juicing.
The Global Wireless Phone Chargers Market will grow by $ 2.72 bn during 2020-2024
The board firings come less than a month after President Donald Trump pushed out Defense Secretary Mark Esper.
Americans will receive vaccine record cards and text message reminders to keep track of their COVID-19 vaccine. Here's what else you need to know.
(Bloomberg) -- Europe should extend its de-facto ban on bank dividends by six months, a top official at the European Central Bank’s supervisory arm said, casting a shadow over investors’ hopes for a return to payouts early next year.The comments come as big banks across Europe are facing fraught times, with regulators at the ECB and the Bank of England preparing to decide in coming weeks whether and how to lift their recommendations on payouts. Shareholder dividends were effectively frozen in March in a trade-off for unprecedented regulatory relief and government loan guarantees, yet bankers have subsequently slammed them as doing more harm than good.Speaking in an interview ahead of the long-awaited decision this month, Ed Sibley, a member of the ECB’s supervisory board, said continued uncertainty, a need to preserve capital for lending and reputational issues for banks all speak in favor of extending the regulator’s existing recommendation. The question is how to implement it in practice, because the ECB doesn’t have the powers to enforce a blanket ban over mounting objection by lenders.“Overall, we would be better if we were to hold off for another six months,” said Sibley, who is also a deputy governor at the Central Bank of Ireland. “Whether we can practically do that is a real challenge.”European banking stocks pared gains on Friday, with the 22-member Euro Stoxx Banks Index up 1.2% as of 5:28 p.m. in Frankfurt after earlier rising 2%. The index has fallen 19% this year with Banco de Sabadell SA, ABN Amro Bank NV and Societe Generale SA among the biggest losers.The BOE and ECB have said they will announce their decisions on dividends by the end of the year. Sibley didn’t say how many supervisory board members share his views. “We’ve been having a really good discussion about it,” he said. “It’s not something we’ve been going at in a blasé kind of way.”Regulators will get key input on Thursday when the ECB will release its economic projections, alongside its latest monetary policy decision. The BOE publishes its Financial Stability Report the next day.“That will factor into our thinking, but there are lots of other things we need to think about as well,” said Sibley. “There are significant weaknesses in lots of banks’ ability to demonstrate to us that their planning is effective from a capital management perspective.”Legal BasisThe ECB recommended earlier this year that banks not pay dividends or buy back shares at least through the end of 2020. The central bank can’t order an industry-wide ban, yet big banks fell in line after chief watchdog Andrea Enria said he could impose legally-binding measures on an individual basis.As the pandemic progressed and lenders largely managed to deal with the fallout, some of the banks hardest-hit by the dividend suspension have become more vocal in demanding a return to payouts. Societe Generale Chairman Lorenzo Bini-Smaghi and his counterpart at Banco Santander SA, Ana Botin, have warned that the ban could backfire by making loans more expensive and even cutting banks off from funds provided by investors.Sibley acknowledged that banks need to be able to pay dividends to access capital markets. Still, “some of the lobbying is a little tone deaf, especially with the level of fiscal and regulatory support that has gone into the economy,” he said.Many banks have seen their share prices slump this year, especially when compared with the U.S., where the Federal Reserve only demanded a cap on capital returns.‘Middle’ Ground“We didn’t ban dividends, we expressed our view on them and I think that’s as far as we can go this time,” Sibley said. “You have to think about how would we implement something that is practical and will stand some degree of challenge. I think that’s where we’re having the debate.”Several watchdogs and senior monetary policy officials favor allowing strong banks to resume payouts early next year, according to people familiar with the matter. ECB supervisory board members have discussed whether they can lift the ban just for the best-capitalized lenders without risking legal challenges from weaker ones, said the people, who asked not to be named because the deliberations are private. Capping dividends, potentially at 25% of a bank’s annual profit, is another option that’s been discussed, the people said.A spokeswoman for the ECB declined to comment on those discussions.Sibley said that taking such a case-by-case approach is complicated because it encourages banks to prioritize investors’ short-term interests over their longer-term financial health. It also risks disclosing non-public information about how the ECB views the governance failings of certain lenders, he said.“That leads to another collective action problem or system-wide problem versus the individual incentive,” he said. “Overall, I think we’d be better off waiting. Practically, I don’t know how that’s going to be achievable so we’re going to have to come up with something that sits in the middle.”(Updates with lobbying in 10th paragraph, ECB deliberations in 14th)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.
The Organization for Security and Cooperation in Europe, which includes Russia and the United States and other former Cold War foes, formally agreed on Friday to fill four of its top jobs with new faces, ending months of deadlock and bickering. The 57-nation OSCE is best known for its election observation work and its monitoring mission in eastern Ukraine, and is often involved in diplomacy around regional conflicts. Consensus was reached on four new candidates, headed by Helga Schmid of Germany, who is currently secretary general of the European Union's foreign policy office.
Three of Austria's nine provinces on Friday kicked off a national effort to test as much of the population as possible before Christmas, to limit infections when families meet. Apparently inspired by a similar but more coercive effort in neighboring Slovakia, conservative Chancellor Sebastian Kurz announced the voluntary "mass testing" plan three weeks ago. Vienna and the western, Alpine provinces of Tyrol and Vorarlberg began their additional testing on Friday.
From air fryers to Airpods to cozy (and chic) cardigans, these are 2020's best gift ideas for the women in your life. She will thank you later.
TR-1: Standard form for notification of major holdingsNOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: ONESAVINGS BANK PLC1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer2\. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rightsX An acquisition or disposal of financial instrumentsAn event changing the breakdown of voting rightsOther (please specify)iii:3\. Details of person subject to the notification obligationiv Name ELEVA CAPITAL SAS City and country of registered office (if applicable) FRANCE 4\. Full name of shareholder(s) (if different from 3.)v Name ELEVA UCITS FUND City and country of registered office (if applicable) LUXEMBOURG 5\. Date on which the threshold was crossed or reachedvi: 30/11/2020 6\. Date on which issuer notified (DD/MM/YYYY): 04/12/2020 7\. Total positions of person(s) subject to the notification obligation% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights of issuervii Resulting situation on the date on which threshold was crossed or reached 0% 0% 0% 0Position of previous notification (if applicable) 2.322% 0.681% 3.003% 8\. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii A: Voting rights attached to shares Class/type of shares ISIN code (if possible)Number of voting rightsix% of voting rights Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) GB00BM7S7K96 0 0% SUBTOTAL 8. A00% B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR126.96.36.199 (a)) Type of financial instrumentExpiration datexExercise/ Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR188.8.131.52 (b)) Type of financial instrumentExpiration datexExercise/ Conversion Period xiPhysical or cash settlementxiiNumber of voting rights % of voting rights CFDN/AN/ACash-settlement 0 0% SUBTOTAL 8.B.2 0 0% 9\. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)X Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold Eleva Capital Partners UK Limited ELEVA CAPITAL SAS0%0%0% 10\. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11\. Additional informationxvi ELEVA CAPITAL SAS, a French asset manager, holds through the portfolios it manages 0% of ONESAVINGS BANK PLC. Place of completionLondon Date of completion04/12/2020
The "Vision Care: Global Markets" report has been added to ResearchAndMarkets.com's offering.
(Bloomberg) -- Boutique women’s clothing chain Francesca’s Holdings Corp. filed for bankruptcy after the coronavirus pandemic accelerated its sales drop.The Houston-based company on Thursday sought Chapter 11 protection in U.S. Bankruptcy Court in Delaware with plans to sell the business, according to a statement. TerraMar Capital LLC or an affiliate has agreed to become the stalking-horse bidder in a bankruptcy auction, and Francesca’s existing lender, Tiger Finance LLC, has committed to provide $25 million of debtor-in-possession financing, the retailer said.“Implementing this process allows Francesca’s to address our lease obligations and seek a new investor that can see Francesca’s into the future,” Andrew Clarke, chief executive officer, said in the statement. Other potential bidders are studying the company, the chain added, with a target of Jan. 20 for completing a sale.Francesca’s joins a growing list of clothing retailers seeking to reorganize under court protection amid the pandemic. About three dozen have done so this year. Bloomberg reported Francesca’s pending filing last week.Shuttered StoresThe bankruptcy is another blow for retail landlords, whose struggling tenants have been withholding rent or filing for Chapter 11 protection. Shopping center owners listed as creditors in Francesca’s court case include Simon Property Group Inc. and Tanger Properties LP, according to court records.Francesca’s temporarily closed all of its stores in March and began reopening them in April, the company said in its first-quarter earnings call. But net sales fell 50% in the first quarter, raising doubt about its ability to survive.Its problems predate the pandemic’s disruption. It posted two years of losses and scrapped a strategic review last year after top executives departed. Francesca’s named Clarke as its CEO in February after a delayed search. Clarke earlier headed the Loft chain of Ascena Retail Group Inc., which has also made a trip to bankruptcy court this year.Francesca’s last month said it planned to shutter about 140 of its 700 stores and added late Thursday that more closings might be necessary. Some 558 stores remain open, the company said.The first store opened in Houston in 1999, touting its frequently changing inventory. Its stores in malls and on main streets cater to 18- to 35-year-old shoppers, featuring apparel, accessories and gifts.Francesca’s stock fell as the pandemic struck and retailers struggled to stay solvent. Its filing follows bankruptcies this year by merchants including J.C. Penney Co. and Century 21 Department Stores.The case is Francesca’s Holding Corp., 20-13076, in U.S. Bankruptcy Court in the District of Delaware. To see the docket on Bloomberg Law, click here.(Updates with details throughout)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.
Socks have become one of the biggest accessory trends this season, possibly because many of us are spending more time at home and socks and sandals combos have become a year-round thing in 2020. But even for running errands and everyday styling, socks can add a new layer to your look by combining them with rolled-up denim, your favorite sneakers, or a sweat set. I personally have started to collect them and find that a good, curated selection can definitely add comfort and style to your winter wardrobe. Keep reading to shop my favorites. Related: We'd 100% Wear These Cute Slogan Socks All Year Round - Just Look at Them!
The job cuts are effective on Feb. 5 in Brighton, where the company's 250,000-square-foot headquarters is located.
No need to be afraid of the winter breeze; these heated gloves are the hottest item of the season. Regardless if you’re skiing, hiking or hunting, these gloves adapt with three different heating levels. The batteries can last up to 10 to hours, which you can easily recharge with any USB-C cable. Snag a few pairs as stocking stuffers for this holiday season. Our team is dedicated to finding and telling you more about the products and deals we love. If you love them too and decide to purchase through the links below, we may receive a commission. Pricing and availability are subject to change.
In David Fincher’s “Mank,” bowing Dec. 4 on Netflix, a key sequence takes place at Hearst Castle, when Gary Oldman’s Herman J. Mankiewicz shows up drunk and unannounced at a lavish dinner party thrown by newspaper tycoon William Randolph Hearst, played by Charles Dance. Filming is normally not allowed at the actual estate, with Lady […]
The first time director Jamie Babbit heard the song "Both Sides Now" on the radio, it immediately felt familiar. She realized she knew the song, not from Joni Mitchell's expansive library of hits, but because it had been sung at the drug and rehab center her mom ran in Ohio, with different lyrics meant to amplify […]
Georgia voters on Jan. 5 will choose whether to send Republican Sen. David Perdue back to Congress or replace him with his Democrat challenger Jon Ossoff, and when they do the economy is likely to be one of the top issues on their minds.
Sidney Powell, the attorney who was distanced from the US president’s legal team because she pushed election-related conspiracies, was said to have submitted a lawsuit that “breathed more lies” than most cases seen in court, after she challenged Michigan’s election results. Issuing a response to Ms Powell’s lawsuit on Thursday, judges for the City of Detroit said the lawsuit contained “warped logic”, and dismissed claims that vote machines had been tampered with, among other conspiracy theories. “Few lawsuits breathe more lies than this one,” said the 45-page court document, which was shared online.
From Frank Sinatra to Run-DMC, these Christmas songs will never get old, no matter how many times they're on the radio. From Town & Country
While there are no official numbers, it appears that Apple's (NASDAQ: AAPL) latest iPhone 12 lineup is breaking records as far as sales are concerned. Wedbush Securities analyst Daniel Ives had pointed out last month that iPhone 12 preorders were tracking at double the rate of the iPhone 11. What's more, he also stated that Apple could ship close to 90 million units of the device by the end of the year given the initial sales response.
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2020) - Fabled Silver Gold Corp. (TSXV: FCO) ("Fabled" or the "Company") is pleased to announce that further to its news releases on July 15, 2020 and August 14, 2020, it has closed its previously announced acquisition (the "Acquisition") of the Santa Maria Mine in the State of Chihuahua, Mexico (the "Property") and received the approval of the TSX Venture Exchange (the "Exchange") to the same. ...