Paul McCartney has revealed he still talks to his late Beatles bandmate George Harrison — through a tree.
Paul McCartney has revealed he still talks to his late Beatles bandmate George Harrison — through a tree.
As England’s third national lockdown continues, read our guide to plan your next online food shop
McCarthy plans to have conversation with Ms Greene about ‘deeply disturbing’ comments
The president is outlining a number of plans at the White House to address the climate crisis and swiftly reverse Trump administration policies on energy and the environment
Hours after the first arrests on Russian streets Saturday, U.S. officials said Washington condemned the "harsh tactics against protesters and journalists."
(Bloomberg) -- Saudi Arabia’s flagship investment conference began on Wednesday with top global asset managers predicting that 2021 would bring a return to growth as nations get the Covid-19 pandemic under control -- and with it a rise in inflation.“We will see a rebound in growth and a rebound in inflation,” Bridgewater’s Ray Dalio said during the opening panel of the Future Investment Initiative, or FII. “With that, you’re also going to see a pick up in deficits,” leading governments to sell more bonds.That view was shared by BlackRock Chief Executive Larry Fink, who predicted that developed countries would likely reach herd immunity around September. “I think we are going to have a huge amount of job creation, but all these elements are highly potentially inflationary.”Saudi Crown Prince Mohammed bin Salman’s signature event will host top global executives like Goldman Sachs Group Inc.’ David Solomon, Blackstone Group Inc.’s Steven Schwarzman and SoftBankCorp.’s Masayoshi Son.BlackRock’s Fink Sees a Return to Growing Inflation (4:46 p.m.)“It is fair to assume we are going back into an era of growing inflation,” Fink said, predicting that developed countries would establish herd immunity against Covid-19 around September.China’s Currency May See More Demand, Says Dalio (4:36 p.m.)China is moving toward “internationalization” of its currency which may see more demand, Dalio said. Last year was a defining one for China, he added, and it did a “remarkable” job differentiating growth and developing attractive markets for foreign investors.Credit Suisse CEO Says UK Will Recover from Brexit Challenge (4:34 p.m.)Credit Suisse Chief Executive Officer Thomas Gottstein said the UK would eventually recover from the challenges posed by its withdrawal from the European Union.“I’m convinced that also the UK will do just fine over time,” he said. “In the short term it (Brexit) is a challenge.”Saudi’s Public Investment Fund Chief Says Investing in Tech, Pharma (4:30 p.m.)Yasir Al-Rumayyan, who heads Saudi Arabia’s sovereign wealth fund, said the PIF was investing in a full spectrum of technology, early stage autonomous driving and pharmaceuticals but is concerned about the growing power of larger tech firms.“We are worried not only from the valuation standpoint about how some of these technology companies are having bigger powers,” he said, “and a lot of the regulators in the world are beginning to be more concerned.”Rumayyan also said he was increasingly cautious about the disconnect between “real economy and financial markets”BlackRock’s Fink Says Fundamentals Favorable in 2021 (4:26 p.m.)“The fundamentals going into 2021 and beyond are pretty favorable for long-term investors,” BlackRock Inc. Chief Executive Officer Larry Fink said. He also said $50 trillion needs to be put to work to get to net carbon zero.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.
Arriver™ today presents the capabilities of its next generation software stack for Advanced Driver Assistance and (ADAS) and semi-autonomous driving. The presentation by Arriver's Head of Technology, Salah Hadi at Qualcomm's annual Automotive Summit outlines how Arriver™ will provide a leading software stack enabling Level 1 ADAS to Level 3 semi-autonomous driving in 2024.
Former Blues midfielder Lampard was dismissed after 18 months in charge on Monday
(Bloomberg) -- U.S. equities dropped alongside European stocks as a risk-off mood descended on markets. The dollar jumped the most since June and Treasury yields fell.The S&P 500 Index headed to its biggest decline in three months, losing about 2%, with small-cap stocks faring even worse. Turmoil continued in pockets of the market where retail traders are becoming a dominant force, with shares of Gamestop Corp. and AMC Entertainment Holdings Inc. soaring as investment pros questioned whether there’s any rationale behind the moves.The Stoxx Europe 600 Index declined the most in five weeks as the European Union and AstraZeneca Plc disagreed over vaccine delivery delays. The euro fell after a European Central Bank official said it has the necessary tools to avoid further strengthening of the currency. Officials in the U.K. announced new rules to try to curb the spread of Covid-19 and Germany cut its 2021 economic growth forecast to 3% from 4.4%.An extended run higher for stocks has taken a pause this week as investors look to a spate of earnings releases for clues about the health of the corporate world and global economy. Meanwhile, attention Wednesday will be focused on the Federal Reserve policy meeting and the possibility of guidance about the future of its asset purchase program.Elsewhere, Bitcoin fell below $30,000 and precious metals slumped. Asian stocks fell for a second day as investors took a breather following the regional benchmark’s ascent to a record high Monday. In the region, benchmarks in India, Vietnam and the Philippines were among the biggest losers.These are some key events coming up in the week ahead:Apple Inc., Tesla Inc., Facebook Inc. and Samsung Electronics Co. are among companies reporting results.The Federal Open Market Committee monetary policy decision and briefing by Chair Jerome Powell are scheduled for Wednesday.Fourth-quarter GDP, initial jobless claims and new home sales are among U.S. data releases Thursday.U.S. personal income, spending and pending home sales come Friday.These are the main moves in markets:StocksThe S&P 500 Index fell 2% as of 9:49 a.m. New York time.The Stoxx Europe 600 Index declined 1.9%.The MSCI Asia Pacific Index fell 0.7%.The MSCI Emerging Market Index dipped 1.3%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.8%.The euro fell 0.8% to $1.2064.The British pound weakened 0.5% to $1.3665.The Japanese yen fell 0.5% to 104.14 per dollar.BondsThe yield on 10-year Treasuries fell three basis points to 1.00%.Germany’s 10-year yield fell two basis points to -0.56%.Britain’s 10-year yield fell two basis points to at 0.25%.CommoditiesWest Texas Intermediate crude fell 1.1% to $52.06 per barrel.Gold fell 0.9% to $1,835.05 an ounce.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.
Russian President Vladimir Putin warned Wednesday that the world risks sliding deeper into instability as the coronavirus pandemic combines with global rivalries and other international tensions. Speaking by video link during a virtual meeting of the World Economic Forum, Putin pointed at growing inequality and unemployment and a rise of populism as potential triggers for new conflicts that he said could plunge the world into a “dark anti-Utopia.” “International institutions are weakening, regional conflicts are multiplying and the global security is degrading.”
Biden on Wednesday is set to issue another raft of executive actions tied to combatting climate change, while the White House COVID-19 team hosts its first of what will be regular news conferences.
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in January 2021.
‘Just do the math’, said Susan Collins as colleagues hailed trial against Donald Trump being ‘over’ before it begun
Wright interviewed more than 100 people, including Dr. Anthony Fauci and Dr. Deborah Birx.
As President Biden pushes to send a third round of stimulus checks to most households, finance guru Suze Orman recommends Americans prioritize bills and focus on building a 12-month emergency fund.
DraftKings is one of the top IPO stocks to watch, as gambling legalization gains steam. Here is what the fundamentals and technical analysis say about buying DKNG stock now.
Ark Invest is known for its focus on investing in disruptive technologies, and industrial software company PTC (NASDAQ: PTC) certainly fits the description. The stock is one of the top 10 positions in ARK's 3D Printing ETF (NYSEMKT: PRNT) largely due to its computer-aided design (CAD) software.
A new Warner Bros. sizzle for 2021 includes the first footage of Clint Eastwood in "Cry Macho" and Will Smith in "King Richard."
(Bloomberg) -- Boeing Co. pushed back the debut of its 777X jetliner and said it would absorb a $6.5 billion pretax charge, citing the coronavirus pandemic and close regulatory scrutiny of its newest plane. The first delivery of the behemoth 777X won’t be until late 2023, three years behind the initial schedule, Boeing said in an earnings statement Wednesday. Additional writedowns brought total charges to $8.3 billion, with hits to the company’s services division and a military tanker, to close out one of the worst years in th U.S. planemaker’s century-long history.Boeing is working its way out of a grinding slump brought on as the pandemic worsened the financial pressures from the long grounding of the company’s 737 Max following two deadly crashes. Troubles have also been mounting for another critical jet program, the 787 Dreamliner, while new strains of the coronavirus threaten to postpone a much-anticipated recovery in global travel.”I’m sure glad 2020 is in the rear-view mirror,” Boeing Chief Executive Officer Dave Calhoun said in an interview on CNBC. While investors may have been surprised by the laundry list of charges that the company revealed, “they don’t cloud my view of the future, and the company’s view of the future.”Boeing fell 3.8% to $194.45 at 9:39 a.m. in New York amid broad market declines. The shares tumbled 37% during the 12 months through Tuesday, the worst performance on the Dow Jones Industrial Average.“It’s hard to see much upside here,” Citigroup Inc. analyst Jonathan Raviv said in a note to clients. The results are “reminder that the Covid impacts are long-lasting and reflect the reality that aero is ‘lower-for-longer.’”Boeing declined to provide financial guidance for 2021, a contrast with suppliers such as General Electric Co. and Raytheon Technologies Corp., which offered forecasts when they reported earnings Tuesday. Investors will be looking for more detail from Boeing on the Max recovery, 777X delays and 787 issues when Calhoun and his colleagues host a conference call with analysts at 10:30 a.m. Eastern time.The Chicago-based company burned through $4.27 billion in the fourth quarter, more than the $4 billion average of analyst estimates compiled by Bloomberg. Sales fell 15% to $15.3 billion, slightly better than expected.The U.S. manufacturer’s finances have been squeezed after it delivered just 157 jetliners last year, the lowest total in decades, versus 566 jet shipments by rival Airbus SE.“This whole new strain and the second wave, we all knew it was coming,” Ken Herbert, an analyst with Canaccord Genuity, said in an interview before the results were announced. “It’s just more than anyone expected three or four months ago.”In one encouraging sign, Boeing said it has delivered more than 40 Max jets since the U.S. grounding ended in November and five airlines have returned the model to service. Boeing is relying on handing over more of the single-aisle jets this year to bolster cash generation and fuel a financial turnaround.The delay of the 777X adds a new drag, however, as demand languishes for twin-aisle planes built to carry passengers across oceans. Designed as the heir to the 747 jumbo, the updated 777 features wings so long that the hinged tips flip upward when it taxis around airports.(Updates with CEO comment in fourth paragraph)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.
Vyre Network and RnB Magazine have teamed up to bring fans worldwide a special Valentine's Day Virtual Concert Experience with R&B; Megastar Trey Songz on the new digital distribution and livestreaming platform which will be serviced through Apple TV, Roku, Amazon Fire Stick, iPhone and Android on Sunday February 14th.
The "Rail Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.