KFC's is venturing into the gaming business
KFC's is venturing into the gaming business
‘We The People’ concert is one in a series of events planned for Inauguration Week
New trading rules are causing problems for some firms, creating backlogs and uncertainty.
Jameis Winston converted on the biggest play of the half against his former team.
In this article we discuss the 10 best packaging stocks to buy now. Packaging companies are experiencing a strong growth on the back of the e-commerce boom following the coronavirus pandemic. Analysts think that the packaging industry will see innovation and growth in 2021 and beyond. To skip our investment thesis and reasons to invest […]
The family of Archie Lyndhurst has revealed what caused the 19-year-old actor's death back in late September.
(Bloomberg) -- One of India’s top fund managers is turning bullish on higher-yielding rupee corporate bonds based on the view that the nation’s recovery will outpace the consensus estimate of economists.Maneesh Dangi, who oversees $25 billion of debt assets at Aditya Birla Sun Life AMC Ltd., expects India’s economy to expand by 13% in the fiscal year starting April, compared with a median forecast of 9% by economists surveyed by Bloomberg. Dangi bases his outlook in part on optimism about the jobless rate falling after lockdowns were eased as well as policy steps helping minimize insolvencies.Aditya Birla Sun Life Corporate Bond Fund is the third-best performer among India’s mutual funds focused on the company note category in the past year with an 11.4% return on its regular investment plan, according to data from the Association of Mutual Funds in India.“We will start dialing up AA risk,” said Dangi, 44, referring to corporate bonds with credit ratings in the AA category. “Quality AA rated papers where yields have not compressed to pre-Covid levels are offering attractive returns.”That approach must contend with numerous risks. While the government has said economic indicators suggest a broad-based recovery ahead, it forecasts the worst contraction since 1952 for the current fiscal year. Recent Covid-19 resurgence in countries that, like India, had success after strict earlier lockdowns is also a reminder of how unpredictable the crisis can be. And the nation is still home to one of the world’s largest outbreaks globally.Dangi said the “biggest risk” to his strategy would be any premature withdrawal of support measures to counter the pandemic, and he stressed that officials face a delicate task in communicating with debt markets.Last week brought a stark warning on that account. Yield premiums on rupee corporate bonds jumped after falling to record lows in 2020, following an announcement by the central bank that it would drain cash from the market in an effort to normalize liquidity operations.Dangi had been reducing holdings of all but the safest corporate bonds in recent years until of late. He had done so because of a credit crisis triggered by the failure of a large shadow bank in 2018 that stung local markets even before the pandemic.Read about RBI assuring bond investors over its easy monetary stanceNow, though, he is keen on buying debt from firms that are likely to get upgraded to AA in the near future. He has also shortlisted a few non-AAA rated borrowers from sectors including commodities, chemicals and automobile components, which could benefit from any sharp economic recovery.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.
I always assumed people who tested positive had failed and let down their guard. Now I know better.
‘Who are you to put a value on life?’ woman responds during debate over cost of lockdown
It is all that is left of a programme, funded by some of the world’s biggest oil and chemical companies, that they said could solve a runaway ocean plastic waste crisis which is killing marine life - from plankton to whales - and clogging tropical beaches and coral reefs. The closure of Renew Oceans, which has not previously been reported, is a sign that an industry whose financial future is tied to the growth of plastic production is falling short of its targets to curb the resulting increase in waste, according to two environmental groups. The Alliance to End Plastic Waste, a Singapore-based nonprofit group set up two years ago by big oil and chemical companies, said on its website in November 2019 that its partnership with Renew Oceans would be expanded to the world’s most-polluted rivers and “ultimately could stop the flow of plastic into the planet’s ocean.”
A nurse receives the first jab, after months of delay and political discord over the programme.
Robert Lewandowski set a new record for the first half of a Bundesliga season on Sunday by netting his 21st league goal of 2020/21 as leaders Bayern Munich went four points clear with a 2-1 win over Freiburg.
States capitals increased security while Washington, D.C., locked down Sunday ahead of expected inauguration protests. Live updates.
The Buffalo Bills have what it takes to win it all. Saturday night’s 17-3 victory over the Baltimore Ravens sent the Bills to their first AFC Championship Game in 27 years. Sean McDermott’s team hasn’t lost a game in more than two months. They have won eight straight games. They are 15-3 overall this season. And the oddly deafening roar generated by 6,700 long-suffering fans inside Bills ...
Featuring a mix of current hits and classics, the playlist 'represents the diversity of our nation, and our strength and resilience as we look forward to new leadership and a new era in America’
Team BikeExchange rider set to return to racing in March after bone graft
Patrick Mahomes had enough wits about him after a concussion knocked the star quarterback from the Kansas City Chiefs' divisional-round playoff win over the Cleveland Browns to get a rather clever hashtag trending on Twitter. It was a reference to his backup, Chad Henne, who came on when Mahomes got hurt midway through the third quarter Sunday. Henne pulled off two edge-of-your seat plays in the closing minutes, scrambling for 13 yards on third-and-14 before a fourth-down completion to Tyreek Hill, which allowed the Chiefs to run out the clock and preserve a 22-17 victory.
Biden stimulus buzz may be waning, as the market rally had a healthy pullback. So did Tesla. Qualcomm and JPMorgan are near buy points.
Following the events at the US Capitol, there are concerns about the activity of militia groups.
What's on TV tonight, Monday, Jan. 18: "American Masters: How It Feels to Be Free" on PBS
The latest episode of HBO's documentary about Tiger Woods takes a look at his relationship with Rachel Uchitel. Here are 15 takeaways from Episode 2.