Making It highlights the hottest new music artists rising through the charts.
Making It highlights the hottest new music artists rising through the charts.
While Wall Street rivals feast off a boom in trading and deals, Credit Suisse is stuck in limbo. The collapse of Archegos, a U.S. investment fund, has left the Swiss bank nursing an anticipated pretax loss of nearly $1 billion for the first quarter. Investors seeking clarity on what next for Credit Suisse's investment bank, at the heart of the Archegos debacle, and its asset management division, which ran $10 billion in funds linked to Greensill, are unlikely to get final answers on Thursday, when the bank publishes first quarter results.
A look at the day ahead from Sujata Rao More than 5 million COVID cases emerged globally in the past week and hospitals from Brazil to India to Germany are overwhelmed. Political sabre-rattling continues too, from the south China Sea to the Ukraine/Russia border and the Black Sea. Yet stock markets march blithely on, focusing on the earnings season which so far has seen 80% of U.S. companies beat forecast.
International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has deployed its software for digital pathology at Southern Sun Pathology, the largest dedicated skin cancer lab in Australia. They are among the first in Australia to implement a digital workflow within clinical pathology, enabling more efficient sharing of resources, competence, and images—thus facilitating better cancer care.
(Bloomberg) -- Chinese government officials and business leaders are gathered this week on the tropical island province of Hainan for the Boao forum, with discussions expected to encompass topics from digital currencies to carbon neutrality and the economic outlook for a post-pandemic world.Billed as an Asian version of the World Economic Forum, the forum kicked off Sunday and is slated to run through Wednesday. On the first day of the event, a senior Chinese central bank official said the nation’s goal for internationalizing its currency is not to replace the dollar, and efforts to create a digital yuan are aimed at domestic use.Bloomberg News captured the pulse of the event throughout the forum. Updated as of 02:30 p.m. in Beijing.What to Watch:Click here for the agenda, here for latest list of delegatesA Chinese state leader, who’s yet to be officially identified, is expected to address the forum Tuesday morning.Chinese central bank governor Yi Gang to speak on a panel about carbon neutrality on Tuesday at 4 PM local timeIMF Managing Director Kristalina Georgieva, Ray Dalio and Stephen Schwarzman among speakers on a panel about the global economic outlook on Monday at 8 PM local timeChinese deputy securities regulator Fang Xinghai scheduled to speak on a panel about financial opening on Monday at 8 PM local timeLarry Fink, Deputy PBOC Governor Li Bo, former PBOC Governor Zhou Xiaochuan speaking on a panel about pension reform on Tuesday at 8 PM local timeA look at China’s green goals; first-quarter economic performanceLatest developments: (Time-stamps are local time in Boao, Hainan)Maersk’s China CEO Calls Politicization of Trade a ‘Great Pity’The business community was glad to see Europe and China reach the Comprehensive Agreement on Investment, but “then we have seen that political differences have sort of created issues that could make an early ratification difficult to achieve,” according to Jens Eskelund, China CEO of shipping firm AP Moller – Maersk A/S.Esekelund is also vice president of the EU Chamber of Commerce in China.“I think it is something that the EU Chamber of Commerce sees as a worrying tendency that trade sometimes becomes politicized and that political difference have spillovers into the commercial arena. It’s something we think is a great pity,” he said on a panel at the Boao Forum. “Our hope is that, irrespective of the current differences, that it will be possible for the two sides to find some sort of common ground that leads to ratification.”In a position paper published in September 2020, 43% of the chamber’s members reported that the business environment had become increasingly politicized compared to the previous year.Read: Europe’s Contested Deal With China Sends Warning to Joe BidenBoao Forum Returns After HiatusChina is signaling it’s open for business with the resumption of the high-profile Boao Forum for Asia, an opportunity for the government to make a renewed effort to lure foreign investors in a post-pandemic world. The event was canceled last year as a result of the coronavirus pandemic.Digital Yuan Not to Replace DollarChina’s goal for internationalizing its currency is not to replace the dollar, and the efforts to create a digital yuan are aimed at domestic use, a senior central bank official said Sunday.“For the internationalization of the renminbi, we have said many times that it’s a natural process, and our goal is not to replace the U.S. dollar or other international currencies,” People’s Bank of China Deputy Governor Li Bo said Sunday.CanSino Checking Vaccine Safety CloselyCanSino Biologics Inc. is monitoring its Covid-19 vaccine more carefully after cases of blood clots forced other suppliers to suspend inoculations. “We’re just monitoring more cautiously,” CanSino Chairman Yu Xuefeng said on the sidelines of the Boao Forum.The comments come as a vaccine from Johnson & Johnson was halted in Europe after U.S. officials paused immunizations to investigate blood clots suffered by six women.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.
Indian real estate company Macrotech Developers Ltd's shares opened 10% below their offering price in its stock market debut on Monday, after the initial public offering saw lukewarm subscription demand from investors. Macrotech, formerly known as Lodha Developers, is among the major players in the Indian real estate industry. The company's IPO was oversubscribed only 1.36 times earlier in the month, as its weak sales and substantial debt, coupled with a resurgence of COVID-19 cases in India weighed.
China could see its number of births slide below 10 million annually in the next five years if the government does not quickly abolish its policy of limiting families to two children, an expert was quoted in domestic media as saying. China's total population may also fall in a few years, Dong Yuzheng, director at the Guangdong Academy of Population Development, told Yicai, a Chinese financial news outlet. The number of babies born in China fell by 580,000 to 14.65 million in 2019 and the birth rate of 10.48 per thousand was the lowest since 1949 when present methods of collating data began, according to the National Bureau of Statistics.
Attorneys are expected to make closing arguments Monday in the trial of ex-Minneapolis police officer Derek Chauvin, charged in George Floyd's death.
Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce new assay results (Table 1) from the drilling campaign at the Escape Lake Deposit currently underway with two drills at the Company's Thunder Bay North Project (the "Project"). A total of 30,000m of systematic delineation drilling connecting the Escape South and Steepledge South resource areas is planned for the Escape Lake Deposit in 2021.
A Sunday morning ceremony for the 115th anniversary of the 1906 earthquake included 30 seconds of fire engine sirens at 5:12 a.m., the moment the earthquake hit.
The natural surfactants market is set to grow by USD 2.99 billion, progressing at a CAGR of over 4% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
GOFORE PLC STOCK EXCHANGE RELEASE 19 APRIL 2021 AT 10:00 EETGofore Plc's Business Review 1 January – 31 March 2021: Growth continued in the first quarterGofore’s net sales in the first quarter of 2021 (1 January – 31 March 2021) amounted to EUR 25.2 million (2020: EUR 18.8 million), totalling a growth of 34.1% from last year. The group’s adjusted EBITA for the first quarter amounted to EUR 3.5 million (EUR 3.2 million), corresponding to 13.9% of net sales (16.8%). The group EBITA for the quarter amounted to EUR 3.3 million (EUR 2.5 million), corresponding to 13.1% of net sales (13.0%). The adjusted EBITA for the quarter increased by 10.7% from last year.Gofore’s net sales in March 2021 amounted to EUR 9.7 million (EUR 6.8 million). At the end of March, the group employed a total of 790 persons (585 persons). CEO Mikael Nylund comments: “In the first quarter of the year, Gofore’s net sales soared by 34% compared to the corresponding period last year. We consider this to be a great achievement that speaks about the success of our growth strategy. Our work has convinced our long-term and new customers of the fact that Gofore is the preferred partner for their journey through successful digital transformation. We have also been successful in acquisitions through which we have gained new customers, expertise and wonderful people as part of the Gofore family. The number of goforeans has grown to almost 800, and together we represent pioneering digitalisation expertise, both in terms of technology and in people management – the things in which every organisation’s digital transformation requires expertise and support. Adjusted EBITA for the first quarter increased to EUR 3.5 million, corresponding to 13.9% of net sales. In other words, we were unable to reach quite the profitability levels of the previous year’s first quarter (16.8% of net sales). This was due to the fact that there was one working day fewer than last year and that our billing rate did not fully meet the expectation. The billing rate was impacted by the change of agreement period with our largest customer Development and Administration Services Centre, KEHA Centre, in Finland. Although there was room for improvement, there has been no lasting change in the factors affecting profitability during the beginning of the year. The close of the quarter coincided with considerable public sector procurement awards that are well indicative of how our offering serves our customers in different circumstances. We will be continuing our co-operation with the City of Espoo, who selected our ICT consultancy services to support the digital transformation of the city and the development of other ICT services. The duration of the framework arrangement is seven years, and its total estimated value is approximately EUR 25 million over the agreement period. Gofore Lead is the primary provider in the procurement. We are also continuing our extensive collaboration with the City of Helsinki. The City of Helsinki selected us as its development partner for the development of the transactional information system for the Education Division. The maximum value of the agreement is EUR 2.95 million, extending over the years of 2021–2022. The agreement also entails the possibility for additional procurements during the development projects, over the years 2021–2024. In the past years, we have assisted the City of Helsinki in managing IT development projects, architecture work and in digital services implementation. With respect to private sector customers, I would highlight Elisa Corporation, with whom we signed an agreement extension in March for software quality assurance and testing produced as an integrated service. The agreement is valid until further notice and its annual value is approximately EUR 1 million. Previously, we had already expanded our cooperation to DevOps as well as agile methods and management consulting services, among others. The value of these other services this year is approximately EUR 1 million.At the core of our growth strategy has been to build a comprehensive consultation offering focused around digital transformation. The first quarter reinforced our belief that we are on the right path. In the future, in accordance with our vision, we expect to grow into one of the most significant digital transformation consultancies in Europe". The company complies with the half-yearly reporting stipulated by the Finnish Securities Market Act. In addition, Gofore publishes a monthly business review, containing the net sales and the number of personnel for the month ended, along with the relevant comparison figures. Furthermore, in connection with the business reviews for March and September, also the net sales, EBITA, adjusted EBITA and EBITA, % for the quarter ending in that month, along with the relevant comparison figures are published. The reviews also contain other key indicators and a comparison of the key figures between different periods, which facilitates the monitoring of the company’s growth strategy. The featured figures include the Full Time Equivalent (FTE) overall capacity and the FTE figures for subcontracting. The figures presented in the reviews are unaudited. This business review was not devised in accordance with the IAS 34 Interim Financial Reporting standard. The company uses adjusted EBITA as an indicator of operative profitability. The calculation formulas for the key figures have been published in Gofore's financial statements for 2020 and can also be found on the company's website under calculation formulas for key figures: https://gofore.com/en/invest/gofore-as-an-investment/key-figures/. Quarterly performance (IFRS) Group (consolidated) Q1/20211Q2/2021 Q3/2021Q4/2021Net sales, MEUR 25.2 EBITA, MEUR, adjusted 3.5 EBITA, %, adjusted 13.9% Group (consolidated)Q1/2020 Q2/2020Q3/2020Q4/2020Net sales, MEUR 18.8 18.6 16.3 24.3 EBITA, MEUR, adjusted 3.2 2.5 1.9 3.3 EBITA, %, adjusted 16.8% 13.3% 11.5% 13.5% Growth, %Q1/2021 Q2/2021 Q3/2021Q4/2021Net sales, growth, % 34.1% EBITA, adjusted, growth, % 10.7% 1 CCEA Oy’s figures have been consolidated with those of the Gofore Group since 1 March 2021.2 Items affecting the adjustment consisted of the transaction costs of CCEA Oy, an acquisition announced in February 2021 and reported as part of the Group since 1 March 2021, totalling EUR 0.193 million. Month (2021)Net sales,MEURNumber of employees Number of working days in FinlandOverall capacity,FTE1Subcontracting, FTE2March9.7 (6.8)79023 (22)735118February8.1 (5.9)736 20 (20)689111January7.5 (6.1)72719 (21)679109 Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. CCEA Oy’s figures have been consolidated with those of the Gofore Group since 1 March 2021.1 The overall capacity, FTE (Full Time Equivalent) figure shows the overall capacity of the Group's personnel, converted into a value corresponding to the number of full-time employees. The figure includes the entire personnel, regardless of their role. The figure is not affected by annual leave, time-off in lieu of overtime, sick leave or other short-term absences. Part-time agreements and other long-term deviations from normal working hours reduce the amount of overall capacity in comparison with the total number of employees. 2 The subcontracting, FTE (Full Time Equivalent) figure shows the overall amount of subcontracting used in invoiced work, converted into a value corresponding to the number of full-time employees. Further enquiries: Mikael Nylund, CEO, Gofore Plc tel. +358 40 540 2280 firstname.lastname@example.orgGofore Plc is a digital transformation consultancy with close to 800 impact-driven employees across Finland, Germany, Spain, and Estonia – top experts in our industry who are our company’s heart, brain, and hands. We use our holistic service offering – consulting, coding, design and assurance – as tools to incite positive change. We care for our people, our customers, and the surrounding world. Our values guide our business: Gofore is a great workplace that thrives on customer success. In 2020, our net sales amounted to EUR 78 million. Gofore Plc’s share is listed on the Nasdaq Helsinki Ltd. in Finland. Get to know us better at www.gofore.com.
Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012.
Indi's sister is a young teenager who is starting to go through friends who have boyfriends and friendships that are just are not meant to be. She wanted to write a story that will show that when things comes to worst, her sister can always dig herself out and find what is really meant for her. Indi wanted her to see the true meaning of teen drama. It is for this reason that she has written, "It's just complicated" (published by AuthorHouse UK).
Love takes center stage in the new poetry collection, "Only You: Deeply from my heart" (published by AuthorHouse UK), from London-based author and poet Elena.
It was through God's divine alignment that Debbie Schlapper and Roxanne Copeland met. They shared their faith and previous projects they had done. They wanted to make a book and a song that is affirming for people where they can draw strength from having a relationship with God in knowing who they are. It is for this reason the authors have written "You are a Gift from GOD" (published by WestBow Press).
Being a financial services consultant for five years, Hady A. Hamid has come to realize that many in his community are still imparting good and valuable financial knowledge and habits to their children. As a father of two, he feels that every child should learn financial prudence from a young age.
Malcolm Lloyd Dubber revisits the story of naval officer, lieutenant commander Ewan Jones and nurse Hazel Almonde in his latest publication titled "Signal from Malta" (published by AuthorHouse UK).
"When I unexpectedly received a parcel that contained letters that I had written to my parents from my boarding school days onwards, I took this as an omen and decided to set down my memoirs, originally thinking they might be of interest to my grandchildren," John Burgess states. After several years and 1500 pages of data, he collated some of the material into a book titled "Life, Luck and Liaisons" (published by Xlibris AU).
Suominen Corporation’s press release on April 19, 2021 at 10:00 a.m. (EEST) Suominen Corporation will publish its Interim report for January 1 – March 31, 2021 on Wednesday, April 28, 2021 at approximately 9:30 a.m. (EEST).Petri Helsky, President & CEO, and Toni Tamminen, CFO, will present the result in English in an audiocast and a conference call for analyst, investors and media on the same day at 11:00 a.m. (EEST). The audiocast can be followed at https://suominen.videosync.fi/2021-q1-results. The recording of the audiocast and the presentation material will be available after the event at www.suominen.fi. Conference call participants are requested to dial on:Sweden: +46 856642651 United Kingdom: +44 3333000804 United States: +1 6319131422 The confirmation code for joining the conference call is 18841110# The event cannot be attended on the spot. SUOMINEN CORPORATIONCorporate CommunicationsFor more information: Emilia Peltola, VP, Communications & IR, tel. +358 10 214 3082Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2020 were EUR 458.9 million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi. Distribution:Nasdaq Helsinki Ltd.Main mediawww.suominen.fi
The late Balraj Sardana felt that he should share the process at work which would bring out amazing, creative and innovative solutions to problems that had no easy solutions or no solutions at all. He thought that if there are any secrets not found in books, he must truthfully share it. It is for this reason he has written "Creativity Innovation and Intuitive Power: How It Worked For Me" (published by Partridge India).