Adrian Luben is the creator behind "Mars Gizmo," a 3D printing show.
Adrian Luben is the creator behind "Mars Gizmo," a 3D printing show.
German consumers remain gloomy ahead of the traditionally big-spending Christmas season and a temporary reduction in sales tax worth up to 20 billion euros has failed to get them into shops or online -- even when companies have passed it on. The six-month cut in value-added tax from 19% to 16% was the centrepiece of a 130 billion euro ($155 billion) stimulus package launched by Finance Minister Olaf Scholz in June to drag Europe's biggest economy out of a pandemic-induced slump. But households remain focused on savings while many firms have used the VAT relief to shore up their battered margins rather than lowering retail prices, data and interviews show.
North Korean leader Kim Jong Un has ordered at least two people executed, banned fishing at sea and locked down capital Pyongyang as part of frantic efforts to guard against the coronavirus and its economic damage, South Korea’s spy agency told lawmakers Friday. Kim's government also ordered diplomats overseas to refrain from any acts that could provoke the United States as it's worried about President-elect Joe Biden’s possible new approach on North Korea, lawmakers told reporters after attending a private briefing by the National Intelligence Service. One of the lawmakers, Ha Tae-keung, cited the NIS as saying Kim is displaying “an excessive anger” and taking “irrational measures” over the pandemic and its economic impact.
Japanese government bond (JGB) prices slipped on Friday following mediocre results of two-year JGB auction and as the Ministry of Finance said market players think they can absorb more 20- and 40-year JGBs next fiscal year. The benchmark 10-year yield rose 0.5 basis point to 0.025% , rising above the yield on Portugal's 10-year bonds. Benchmark 10-year JGB futures fell 0.05 point to 152.05, with a trading volume of 21,583 lots.
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In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. China began testing batches of imported chilled and frozen meat and seafood for the coronavirus in June, but significantly ramped up its inspections early this month after port workers in several cities tested positive for COVID-19, the disease caused by the virus. The new measures, which include testing much more product than before and additional disinfection, are raising costs for importers while adding time and layers of red-tape in an industry used to working at speed to guarantee freshness.
Jose Gimenez and Demarai Gray could be set for moves to London, according to the football rumour mill.
Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., "Astellas") and FibroGen, Inc. (Nasdaq: FGEN, CEO: Enrique Conterno, "FibroGen") today announced that Japan's Ministry of Health, Labour and Welfare (MHLW) approved EVRENZO® (roxadustat) for the treatment of anemia of chronic kidney disease (CKD) in adult patients not on dialysis. This marks the second approval in Japan for roxadustat through the Astellas and FibroGen collaboration, after the therapy was approved and launched for use in adult patients with anemia of CKD on dialysis last year.
(Bloomberg) -- Bitcoin and other digital coins steadied Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.Bitcoin climbed above $17,400, following a slide of as much as 14% to $16,227 on Thursday. Fears over tighter crypto regulations and profit-taking after a frenetic rally were among the reasons cited for the tumble.“After big rallies in shares and various other assets, they are all vulnerable to a bit of a pause,” said Shane Oliver, head of investment strategy at AMP Capital Investors Ltd. in Sydney. “But Bitcoin more than most, as it surged higher far more and had become far more frothy with speculative interest.”The slump pared Bitcoin’s rally this year to about 140%, a climb that’s split opinion. Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness amid loose monetary policy as reasons for a durable boom. Set against that is a history of big swings, including the run up to a record three years ago that was followed by a spectacular bust.Proponents of digital assets say the current focus on cryptocurrencies compared with 2017 is different because of growing institutional interest, for instance from the likes of Fidelity Investments and JPMorgan Chase & Co.Just this week, Van Eck Associates Corp. launched a Bitcoin exchange-traded note on the Deutsche Boerse Xetra exchange. In October, PayPal Holdings Inc. said it would allow customers access to cryptocurrencies.FOMOOthers see signs of retail investors piling in to chase momentum for fast gains, storing up an inevitable reckoning. The rout in Bitcoin began just hours after it rose to within $7 of its record high of $19,511 set in December 2017.Concern about potential U.S. crypto rules help explain Thursday’s price drop across most major digital assets, said Ryan Rabaglia, global head of trading at OSL brokerage in Hong Kong.“It’s also not unusual to see a short-term pullback following periods of significant, accelerated gains as traders look to take profits before resetting once volatility subsides,” he said. “Once the dust settles, we’re back to business as usual with all medium to long-term bullish indicators still in play.”Bitcoin rose 1.3% to about $17,278 as of 6:50 a.m. Friday in London, while Ether advanced 2.5% and XRP -- which slumped 19% Thursday -- climbed 7.5%, according to prices compiled by Bloomberg.Profit-taking was inevitable and there are still factors in favor of Bitcoin as an asset class, according to Byron Goldberg in Sydney, who runs the Australian operations for Luno, the cryptocurrency exchange and trading platform.“It continues to attract both institutional and retail attention as a 21st-century substitute to the gold play,” he said.Crypto ‘Whales’A few large holders often referred to as whales own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto. That structure points to the risk of big price swings if major investors offload some of their stakes.“Bitcoin may be a victim of its own success,” said Michael McCarthy, chief market strategist at CMC Markets Plc in Sydney. “Traders suggested several large holders moved to lock in gains as the cryptocurrency reached for all-time highs.”AMP Capital’s Oliver said the depth of the recent plunge shows Bitcoin is “hardly a secure store of value,” adding it may be vulnerable if Covid-19 vaccines lead to a sharp global recovery next year.“Money printing and the debasement of paper currencies that Bitcoin enthusiasts are seeking to protect against may start to fade as an issue,” Oliver said.(Updates markets in the 10th paragraph.)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.
Bags of problems with Dolce Gusto's recycling schemeI want to use up old pods, not to buy new ones to take part
According to Les Khan, CEO of St Kitts and Nevis' Citizenship by Investment (CBI) Unit, the dual-island nation's CBI Programme has expressed an increase in interest from African businesspeople, particularly from Nigeria and South Africa. One of the main motivators in acquiring a second citizenship stem from the visa restrictions many Africans face when attempting to conduct business abroad. St Kitts and Nevis boasts one of the strongest passports within the region and 25th globally, surpassing many larger and more developed nations.
LONDON and VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending September 30, 2020. The reports are available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website (http://www.mkango.ca/s/financials.asp). On 26 November 2020, at the request of the Corporation and its Audit Committee and in accordance with the Corporation’s Audit Committee Charter which requires the Corporation to review its auditors every 10 years, MNP LLP (the “Former Auditor”) resigned as auditor of Mkango and the Board of Directors of the Corporation appointed BDO LLP (the “Successor Auditor”) as its new auditor effective 26 November 2020 until the close of the Corporation’s next annual meeting.There were no “reportable events” (as such term is defined in National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”)) between the Corporation and the Former Auditor.Pursuant to NI 51-102, the Notice of Change of Auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor, have been reviewed by the Corporation’s Audit Committee and Board of Directors and has been filed on SEDAR accordingly.For further information on Mkango, please contact: Mkango Resources LimitedWilliam Dawes Chief Executive Officer firstname.lastname@example.org UK: +44 207 3722 744 Canada: +1 403 444 5979 www.mkango.ca @MkangoResources Alexander Lemon President email@example.com Blytheweigh Financial Public Relations Tim Blythe UK: +44 207 138 3204 SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Jeff Keating, Caroline Rowe UK: +44 20 3470 0470 Alternative Resource Capital Joint Broker Alex Wood UK: +44 20 7186 9004 The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.
What's coming up in the village?
Portrait photo: Nitin Paranjpe Portrait photo: Nitin ParanjpeAmsterdam, 27 November 2020 - Heineken N.V. (HEINEKEN) nominates Nitin Paranjpe, Chief Operating Officer of Unilever, for appointment as member of the Supervisory Board of Heineken N.V. at its Annual General Meeting (AGM) in 2021 for a four-year term. Nitin Paranjpe, an Indian national, has been Chief Operating Officer of Unilever since 1 May 2019 and a member of the Unilever Leadership Executive since October 2013. Prior to becoming COO, he led Unilever’s global Food and Refreshment as well as its global Homecare division. He joined Unilever at Hindustan Lever Limited (India) in 1987 where he held various roles in marketing and sales. Over the years, he has worked in Europe and Asia and has gained extensive experience, amongst others, by delivering strategic transformation and growth initiatives, accelerating digital capabilities through new data-driven tools, and acquisitions of strategic purpose-led businesses that reshaped Unilever’s portfolio. Jean-Marc Huët, Chairman of the Supervisory Board of Heineken N.V. commented: “We are very pleased with Nitin Paranjpe’s nomination. Given Nitin’s successful career and extensive global experience at Unilever, particularly in Asia, he will add valuable FMCG experience to our Supervisory Board. Nitin’s consumer and customer-centric insights will be highly valuable to HEINEKEN, as the company embarks on its next growth phase in which it aims to increase adaptability in a dynamic environment. His experience in mature and emerging markets and Asian background will also further strengthen the diversity within our Supervisory Board.” The Supervisory Board of Heineken N.V. has found a strong successor in Nitin Paranjpe for Christophe Navarre, current member of the Supervisory Board, who will reach his maximum tenure upon conclusion of the AGM in 2021. The Supervisory Board is grateful for Christophe Navarre’s commitment and meaningful contribution to the Supervisory Board and its Americas Committee over the past twelve years.Jean-Marc Huët, Chairman of the Supervisory Board of Heineken N.V. commented: “We have been very fortunate having Christophe Navarre on our Supervisory Board, he has been of great value in our discussions over the past years in which we benefitted from his knowledge, international experience and strong belief in HEINEKEN as a long-term growth company.”-ENDS-Press enquiries Sarah Backhouse / Michael Fuchs E-mail: firstname.lastname@example.org Tel: +31-20-5239-355 Investor and analyst enquiries Federico Castillo Martinez/ Janine Ackermann / Robin Achten E-mail: email@example.com Tel: +31-20-5239-590About HEINEKEN HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders. HEINEKEN is committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brewing a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. It employs over 85,000 employees and operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Heineken N.V. and Heineken Holding N.V. shares trade on the Euronext in Amsterdam. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS. HEINEKEN has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken N.V. (OTCQX: HEINY) and Heineken Holding N.V. (OTCQX: HKHHY). Most recent information is available on HEINEKEN's website: www.theHEINEKENcompany.com and follow us on Twitter via @HEINEKENCorp. Attachments * Press release HEINEKEN to nominate Nitin Paranjpe as SB member (27_11_2020) * Portrait photo: Nitin Paranjpe
Janet Yellen's likely appointment as U.S. Treasury Secretary is unlikely to usher in a new exchange-rate doctrine but may see more sensitivity toward the dollar's global impact. Assuming President-elect Joe Biden appoints the former Federal Reserve chair to be Treasury chief, as widely reported, her vast policymaking experience means few shocks are in store for markets that are already assuming she will be as much of a fiscal policy "dove" as she was a monetary one at the Fed. Yellen's appointment, they assume, only reinforces that picture as she's a clear advocate of more government investment spending, keeps close attention to fragmented labour markets and inequalities and presided over easy-money policy at the Fed.
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Odis D. James III, Real Estate Investor and Founder of James Street Capital, is announcing a new mentorship program designed to teach real estate investing for beginners, and provide consulting services to support entrepreneurs looking to create financial independence through smart real estate investing.
After Forrest gifts a water gun to Noah, Ben and Michele quickly take it away, and the group has a frank discussion about racial injustice. Also, Wade is trying to figure out how to celebrate Shannon's birthday since their relationship is so new, on The Unicorn, Thursday, at 9:30/8:30c. Only CBS