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Cryptocurrency:

Citi and Ruffer predict breakout moment for bitcoin

Ruffer predicted the long-term adoption of bitcoin by traditional financial institutions

Adele reaches divorce settlement almost two years after split from Simon Konecki

Keiran Southern, PA Los Angeles Correspondent
·1-min read

Adele has reached a divorce settlement with estranged husband Simon Konecki, almost two years after they separated.

The chart-topping singer, 32, announced she and charity boss Konecki had split up in April 2019. They married in 2016.

A post shared by Adele (@adele)

Adele filed for divorce in September 2019 in Los Angeles, and court records show she filed a judgment packet earlier this month.

The former couple will officially be divorced when a judge signs off the agreement.

Adele and Konecki began dating in 2011 and welcomed their son, Angelo, in 2012.

Adele cited irreconcilable differences when they split and both parties wanted joint custody of Angelo.

The initial filing revealed separation of assets and properties would be decided through mediation and details have not been made public.

Speaking at the time the separation was announced, a representative for Adele said: “They are committed to raising their son together lovingly. As always they ask for privacy. There will be no further comment.”

Grammy-winner Adele, whose albums include 2011’s 21 and 2015’s 25, is working on a new record – which is expected to be released this year.

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  • Cloud Security Posture Management Market by Component, Cloud Model, Vertical and Region - Global Forecast to 2026

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Services aim at training and developing expertise, providing timely upgradations to the solution, and helping customers integrate these with other Information Technology (IT) solutions. With the increasing adoption of CSPM solutions across organizations, the demand for supporting services is also expected to increase among organizations. APAC to register the highest growth rate during the forecast period Asia Pacific (APAC) comprises of emerging economies, such as China, Japan, India, Australia and New Zealand with developed security infrastructure. Machine Learning (ML), Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are emerging methodologies that are being deployed in this region. APAC is home to a large number of established Small and Medium-sized Enterprises (SMEs), which are growing at a laudable pace to cater to their large customer base. SMEs are rapidly adopting cloud-based solutions to manage their enterprise data. Despite the growing importance of SMEs in this region, they are most affected mostly by cyber and malware attacks owing to budgetary constraints and resource shortages. 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  • Oil Powers Ahead as Critical OPEC+ Meeting Looms, Markets Rally

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  • Prince Harry Tells Oprah He Left the Royals Because He Feared Meghan Markle Would Suffer Like Princess Diana

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Yields on 10-year Treasuries surged to pre-pandemic levels on Thursday, convulsing markets from stocks to credit as traders bet on more aggressive tightening -- with a U.S. interest rate hike briefly priced in for late 2022, at least a year earlier than the Federal Reserve had signaled.Debt markets calmed on Monday, as investors bet central banks would ramp up asset purchases to prevent yields rising too quickly.“I don’t think they would want to risk any recovery” by allowing markets to tighten too quickly, said Michael Clavin head of fixed-income at the A$140 billion Aware Super, Australia’s second-biggest pension fund by assets. There may be a “burst of inflationary data, but we’re not really sure it’s sustainable.”Wind VaneLike Sicilia, Clavin points to technology advancements as the biggest damper on long-term price growth.Economists have struggled for years to quantify technology’s deflationary impact on everything from supply chains to wage growth -- Clavin’s wind vane for price pressures -- but the overall effect has been to stifle price increases. And that’s not including the increased unemployment from the pandemic.Read More: Aggressive Fed Hike Bets Spur Treasury Buy-the-Dip Calls“There’s still quite a big hurdle to get the jobs back that were lost,” Clavin said. “I don’t see how you’re going to overcome those deflationary forces without some sort of wage growth.”Aware is sticking to a strategy that includes being overweight in global equities and cash in its default option to ride out the market volatility. It also invests about 15.6% of its default fund in fixed-income assets.Sicilia continues to shun “outrageously expensive” bonds and is investing in stocks and private equity on bets that risk-assets will continue to outperform as central banks keep rates near record lows.“In five to 10 years’ time, you’ll have people saying ‘we should have bought equities at 20 times earnings,’” he said. “If technology is the root cause of no inflation, that means you’re not going to be able to generate inflation anytime soon.”While bond markets suggest there may be “inflation in the pipeline”, it might be short-lived, said John Pearce, Sydney-based investment chief at the A$90 billion UniSuper Management Pty.The 30-year market veteran points to Japan as an example where inflation remains elusive despite years of quantitative easing and ultra-loose monetary policy. Markets today are a far cry from the 1970s when a massive oil shock and collapse of the Bretton Woods system turbocharged price hikes, he said.“You look at the marginal cost of everything just plummeting because of the improvements in technology -- I don’t see that stopping anytime soon,” said Pearce. “We’re not a believer that we’re going to see persistently high inflation.”It may be “worth having a look at” 10-year Treasuries if yields climb to 2.5%, he said.Contrarion BetsThat’s not to say that the recent volatility hasn’t produced some buying opportunities.When bond yields plunged to historic lows last year, IOOF Holdings Ltd. pivoted some of its funds from government debt to credit and senior loans. By December, one of the Melbourne-based pension’s underlying asset managers had switched from a long duration position -- or holding securities with higher interest-rate risk -- to a short on signs inflation pressures were building.The wagers paid off. During the worst month for Australian bond returns on record, the fund’s fixed-income strategy rose 0.6%.“Because we’re starting from such a low base on inflation, you’re probably likely to see over the next three-to-six months” economic data showing some price rises, said Osvaldo Acosta, head of fixed-interest assets who studies bonds and stock returns to look for an inflection point for inflation. “The greatest risk that we saw for the last 12 months was the amount of stimulus both monetary and also fiscal that was coming through -- it is just tremendous.”Now, with U.S. yields pulling global rates higher, Acosta is weighing his fund’s position. “Bonds are starting to look attractive,” he said.Even so, most of those managing Australia’s giant pension funds don’t see a return to the high levels of inflation that characterized U.S. economics in the 1970s.Con Michalakis, chief investment officer of Statewide Superannuation Pty, compares the S&P 500 Index dividend yield against the U.S. 10-year benchmark as a bond valuation barometer and he’s now looking at opportunities in government debt after the selloff.“We’re going to hit an inflection point -- bonds near 2% offer some insurance value that they didn’t offer when they were 80 basis points,” said Adelaide-based Michalakis. “We are in an era of slightly higher structural long-term inflation, but nothing disastrous.”(Adds tout)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.

  • Transactions in connection with share buy-back program

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  • Huawei CFO back in court fighting U.S. extradition

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  • The global application security market is set to project a CAGR of 14.81% during the forecast period, 2021-2028

    The growing cyber breaches, stringent compliance & by-laws, and outsourced IT models, are the dominant factors driving the market growth. MARKET INSIGHTS Application security is a process, involving fixing and enhancing the security of apps.New York, March 01, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL APPLICATION SECURITY MARKET FORECAST 2021-2028" - https://www.reportlinker.com/p06028799/?utm_source=GNW It entails tools and methods to protect apps upon deployment.Cyber security and threats are primary concerns for both government and private sectors.The flourishing e-commerce and information technology sectors worldwide have led to increased cybercrimes leading to huge financial loss and information theft.As a result, IT security regulations have been put in place, which the industrial verticals must fulfill.One such example is the Health Insurance Portability and Accounting Act (HIPAA) of 1996.It is a US legislation that offers privacy provisions and data security to protect medical information. The regulatory bodies and government in the US are demanding small and large organizations to undertake responsibilities for securing sensitive data and information. This is due to the huge revenue losses resulting from data breaches. The advancing security regulations against cyber breaches are propelling the application security market growth for different testing tools. However, the lack of expertise and budget constraints are restraining market growth.REGIONAL INSIGHTSThe global application security market growth assessment includes the analysis of the Asia Pacific, Europe, North America, and rest of world.North America dominated the global market in 2020.The region has the presence of major IT hubs and a growing number of SMEs adopting cloud solutions for increasing business efficiency.COMPETITIVE INSIGHTSThe competitive rivalry in the market is determined by the market concentration, general profitability, bargaining power of consumers, and market penetration.The exit barriers are high, with brand identity playing a vital role.Checkmarx, Contrast Security, Acunetix, IBM Corporation, Hewlett Packard Enterprise, etc., are among the major market players.Our report offerings include:• Explore key findings of the overall market• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions• Market Segmentation cater to a thorough assessment of key segments with their market estimations• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developmentsCompanies mentioned1. IBM CORPORATION 2. ACUNETIX 3. CHECKMARX 4. CONTRAST SECURITY 5. HEWLETT PACKARD ENTERPRISE 6. NSFOCUS 7. N-STALKER 8. PRADEO 9. QUALYS INC 10. RAPID7 INC 11. SITELOCK 12. SYNOPSYS 13. TRUSTWAVE 14. WHITEHAT SECURITY 15. VERACODERead the full report: https://www.reportlinker.com/p06028799/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

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