These Buffett stocks have all delivered sizzling year-to-date gains. Can they keep the momentum going?
The Dodgers lost Game 4 of the 2020 World Series in incomprehensible fashion. The baseball world reacted accordingly.
"I'm here because I've had a lot of heartbreak in my life," Adele joked
Desmond Ridder ran for 179 yards and three touchdowns and threw for 126 yards and a score to help No. 9 Cincinnati beat No. 16 SMU 42-13 on Saturday night in a showdown of unbeaten teams. Cincinnati (4-0, 2-0 American) played its first game since Oct. 3. The Bearcats had an open date the following weekend and then had their scheduled Oct. 17 home game against Tulsa moved to Dec. 5 because of positive COVID-19 cases at Cincinnati and the quarantining of athletes at the school.
Brett Phillips squatted on the field crying, and Randy Arozarena was on the ground slapping his hands on home plate. Light-hitting Phillips delivered a tying single off Kenley Jansen with two outs in the bottom of the ninth inning that turned into the game-ending hit when the Los Angeles Dodgers dropped the ball twice, allowing Arozarena to score and lift the Rays to an 8-7 victory Saturday night to even this suddenly dramatic World Series at two games each.
Mexico's famed masked wrestlers are trying to get their coronavirus-hit sport off the canvas by taking their colorful fights to a small island nestled in the heart of Mexico City's popular Xochimilco canals. With sporting events largely banned and the pandemic showing no signs of easing off, performers behind Mexico's free-style wrestling, known as Lucha Libre, are seeking innovative ways to make a living out of their craft. Lucha Libre is one of Mexico's most popular sports and a tourist magnet, featuring masked fighters who capture the public's imagination with their mysterious identities and eccentric performances.
(Bloomberg) -- China is reconsidering its strategy for the internationalization of the yuan and planning for more policy support after completing a comprehensive review recently, according to a senior central bank official.“As everybody knows in the past, the internationalization of the RMB (yuan) sticks to the market principles,” Zhu Jun, director general of the People’s Bank of China’s international division, said at the Bund Summit in Shanghai on Saturday. “The role of the authorities was mainly focused on removing the policy obstacles for the free use of the currency. At this moment, we think there are some kinds of complications in the domestic and overseas situations.”Zhu said the government can be more proactive with policy support to facilitate the role of the markets. For instance, the central bank can improve bilateral currency swap agreements to better promote trade and investments, and try to coordinate various means of yuan cross-border settlements and payments infrastructure.The yuan rallied to the strongest in more than two years earlier this week, aided by dollar weakness and China’s economic recovery from the virus pandemic. The prospects of a victory by Joe Biden over President Donald Trump in the upcoming U.S. election are also supporting the currency. Trump’s trade war with China last year sent the currency to its lowest since 2008.The authorities will remove existing obstacles for the yuan’s internationalization, with a steady liberalization of the capital account, increasing the yuan exchange-rate flexibility and improving liquidity in the bond market, Zhu said.While China over the years has made some progress -- promoting offshore yuan trading, winning official reserve-currency status from the International Monetary Fund and introducing commodity contracts priced in yuan -- the yuan, also called the renminbi, is a small player on the global stage, with 2% market share.From Fixing to Signaling, How China Manages the Yuan: QuickTakeAnd while a steady opening of China’s financial markets to overseas investors has lured some inflows, foreign ownership of mainland stocks and bonds is still relatively minor. China’s capital account, a term for the flow of funds across borders, remains subject to significant regulations on the transfer of the yuan.Separately, central bank governor Yi Gang said on Saturday the reform of the yuan exchange-rate formation mechanism and the internationalization of the currency should be jointly promoted with the financial opening.“The yuan internationalization should be market-oriented,” he said. “The regulator’s main job is to reduce restrictions on the cross-border use of the currency, and let it take its own course.”The increasing spillover of Chinese-American tensions into the financial sphere has ignited a fresh push by China to promote the global use of the yuan. Some government officials including Fang Xinghai, the vice chairman of the China Securities Regulatory Commission, have urged an acceleration of the yuan’s globalization in recent months.(Adds more details in lead and recent government officials’ comments in last 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.
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.
The Saturday Night Live cast members came together for a quick PSA to voice their support for Democratic nominee Joe Biden for the 2020 election. But as the stars including Bowen Yang, Heidi Gardner and Kenan Thompson, thought about what America might look like under Biden, they reflected on what SNL would be without President […]
Daniel Andrews under fire over delayed easing of restrictions after seven new cases reportedScott Morrison says delay a ‘profound disappointment’, but Victorian premier says he anticipates restrictions will be eased by 1 November * Follow our global live blog * Victoria cases trend map; Full Australian Covid stats * Melbourne’s restrictions; regional Victoria’s rules * Sign up for Guardian Australia’s weekly coronavirus email
(Bloomberg) -- Libya’s crude production will rise above 1 million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm.The National Oil Corp. said on Friday it lifted force majeure -- a clause in contracts allowing deliveries to be suspended -- at the eastern ports of Es Sider, Libya’s biggest export terminal, and Ras Lanuf. It’s safe to restart operations after months of shutdowns because foreign fighters involved in the country’s long-running civil war have left the areas, the company said in a statement.The Al Nafoura and Amal fields, which feed Ras Lanuf and have a combined capacity of around 90,000 barrels a day, have already restarted, people familiar with the matter said.The rapid resumption of Libya’s oil production following a truce has put added pressure on crude prices, just as a resurgence of the coronavirus saps demand for energy. Brent crude dropped 1.6% to $41.77 a barrel on Friday, extending its decline in 2020 to 37%.Warring parties in Libya signed a permanent ceasefire agreement on Friday, which should bolster the NOC’s efforts to increase oil output. Representatives of the United Nations-recognized government in Tripoli and eastern military commander Khalifa Haftar -- whose forces blockaded most oil fields and ports in January -- struck a deal after talks in Geneva. The rival sides are set to meet next month in Tunisia to appoint a unity government that will prepare elections.Libya’s daily production was less than 100,000 barrels before Haftar lifted his blockade in September. It was 560,000 this week and will reach 800,000 within a fortnight, the NOC said. The company won’t be able to pump at last year’s levels of around 1.2 million barrels a day due to damaged infrastructure and budget constraints, it said.If Libya’s daily output does rise to 1 million barrels as quickly as the NOC says, it will make the task of OPEC+, which is trying to curb crude supplies and bolster prices, even harder. The alliance of the Organization of Petroleum Exporting Countries and partners including Russia meets next month to decide on policy.The group is weighing whether to delay a plan to ease production cuts in January. Even its worst-case analysis of the market didn’t anticipate such high output from Libya -- an OPEC member that’s exempt from the curbs because of its strife -- until late 2021.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.
Rays pull off ninth inning walk-off win on Brett Phillips' single.
Supreme Court nominee Amy Coney Barrett won crucial backing when one of the last Republican holdouts against filling the seat during an election season announced support for President Donald Trump's pick ahead of a confirmation vote expected Monday. Sen. Lisa Murkowski, R-Alaska, declared her support Saturday during a rare weekend Senate session as Republicans race to confirm Barrett before Election Day. Senators are set Sunday to push ahead, despite Democratic objections that the winner of the White House on Nov. 3 should make the choice to fill the seat of the late Justice Ruth Bader Ginsburg.
United’s number 10 has continued to pressure Number 10 on child food poverty.
Texas has already cast nearly 7 million votes, more than anywhere in America, and Glen Murdoch couldn’t get his ballot in fast enough after becoming a U.S. citizen this summer. “I was champing at the bit,” said Murdoch, who moved to Austin from Australia shortly after President Donald Trump took office, and cast a ballot last week to vote him out. It’s a rush to the polls in Texas like seldom seen before.
SNL parodied the final debate between President Donald Trump and Joe Biden — which included some muted microphones
John Mulaney is set to return to "Saturday Night Live," with the Strokes as the musical guest, for the Oct. 31 episode. This episode, taking place on Halloween, is also the last one before the 2020 presidential election. Mulaney, a former writer for the NBC late-night sketch comedy series, last appeared on the show in […]
Five years have passed since the singer released ‘25’
Maya Rudolph was back on Saturday Night Live tonight, but not in her Emmy winning role as Senator Kamala Harris. “It is the honor of a lifetime to moderate the second and praise Jesus final presidential debate,” said Rudolph at the top of SNL in the role of NBC News’ Kristen Welker. “Tonight, we have […]
Just a week before November's election, two of President Donald Trump's top national security aides will visit India for meetings focused largely on countering China's growing global influence. As the bitter race between Trump and former Vice President Joe Biden winds down, the talks this week in New Delhi aim to reinforce the president's anti-China campaign message. Secretary of State Mike Pompeo and Defense Secretary Mark Esper will meet their Indian counterparts for strategic and security talks on Tuesday, after which Pompeo will travel on to Sri Lanka, the Maldives and Indonesia.
Adele made her SNL hosting debut.