Dr. Will Roper shares his wishlist of what he hopes entrepreneurs will start developing.
Dr. Will Roper shares his wishlist of what he hopes entrepreneurs will start developing.
In the 1990s, the Bills buffaloed their way to four successive — if not successful — Super Bowls. Next weekend, Buffalo, which last got this far in the 1993 season, heads to reigning Super Bowl champion Kansas City. “It’s a special time to be a Buffalo Bill, ” tackle Dion Dawkins said.
The Museum of London’s director said its arrival was ‘timely’.
England win by seven wickets: The result of an enthralling first Test of the two-game series was wrapped up with assurance
Scott Morrison suggests Donald Trump’s comments before US Capitol riot were ‘incredibly dissapointing’. Australian prime minister laments ‘things that were said’ to encourage Capitol Hill mob but says it’s not for him to lecture anybody
The European Central Bank will this week face more questions about an increasingly challenging outlook only a month after it unleashed fresh stimulus to bolster the euro zone economy. "At this point in time, the ECB still finds itself a little bit with its back against the wall," said Althea Spinozzi, fixed income strategist at Saxo Bank Group. ECB chief Christine Lagarde is sticking to forecasts for an economic rebound this year so long as lockdown measures to curb the pandemic are lifted by end-March and vaccines distributed.
(Bloomberg) -- India’s equity benchmark fell in line with its regional peers, and is now set for a second day of declines. That slump will put the S&P BSE Sensex even further away from the key 50,000 level it was looking to breach last week.The benchmark slid 1% to 48525.55 as of 11:59 a.m. in Mumbai, with four stocks falling for each one that rose. The NSE Nifty 50 Index declined by 1%.One of the world’s largest inoculation drives kicked off on Saturday as India vaccinated 224,301 people in an effort to stem the coronavirus outbreak. About 10.6 million people have been infected with the disease in India in the world’s second-worst outbreak.“Like global markets, India is overbought and waiting for a negative trigger,” said Deepak Jasani, head of retail research at HDFC Securities Ltd. The MSCI Asia Pacific Index was down 0.3% as the week began amid weakened risk appetite.Foreign investors have bought $2.4 billion worth of Indian stocks this month through Jan. 14 after investing the most since 2012 last year. They have been behind the surge in the country’s key stock gauges to successive new highs in recent weeks.“Markets look poised for a smaller correction, as the narrative around Covid-19 globally suggests that the problem might still not be behind us,” said Nikhil Kamath, chief investment officer at True Beacon, an India-based hedge fund. “A second wave of lockdowns following the trend of what’s happening globally is a possibility.”All five of the Nifty 50 companies that have announced results so far have beaten estimates. HDFC Bank Ltd. was among the top gainers on the Sensex, after India’s largest private lender by assets on Saturday reported strong loan growth and a drop in bad loans for its December-ending quarter.The Numbers16 out of 19 sector indexes compiled by BSE Ltd. slipped, led by a gauge of metal companiesHousing Development Finance Corp. contributed the most to the Sensex decline, and decreased 3%, while Oil and Natural Gas Corp. had the largest drop, falling 4.3%Reliance Industries Ltd. was the biggest advancer, climbing 1.2% after Mint reported that the company aims to embed JioMart in Whatsapp in the next six monthsMarket-related storiesBharti Airtel Plans to Raise $1 Billion Via Perpetual Bonds: ETA $6 Billion Fund Is Bullish on Indian Stocks Unfazed by PricesA Top Fund Manager Is Bullish on Riskier India Debt on RecoveryIndia’s Fuel Demand Makes Shaky Start to 2021 With Fading SalesEmerging Markets Need Reserves as Shock Buffers, RBI’s Das SaysRBI Open to Consider a Bad Bank If There’s a Proposal, Das SaysFor 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.
MPs vote today on plan to cut £20 a week from universal credit payments
Russia’s prisons service said the 44-year-old has violated parole terms from a suspended sentence on a 2014 embezzlement conviction.
It first ascended over central London, above Parliament Square, during protests over Mr Trump and his state visit to the UK
The vaccination of Singapore’s aviation staff began on 18 January with some 7,000 of them slated to get their first doses of the COVID-19 vaccine this week.
Think tank says tax cuts should form part of Boris Johnson’s ‘levelling up’ agenda
An inflatable blimp depicting US President Donald Tump as a giant baby has been acquired by the Museum of London. The 20ft high blimp, designed by Matt Bonner, followed Mr Trump around the world and was flown in Parliament Square during his visit to London. “While we’re pleased that the Trump Baby can now be consigned to history along with the man himself, we’re under no illusions that this is the end of the story,” they said in a statement.
Health system’s current pay deal ends in April and polls suggest general public supports ‘significant increases’
COMPANY ANNOUNCEMENT NO3/2021 – 18 JANUARY 2021 On 17 November 2020, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 38/2020 of 17 November 2020. The program is carried out under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the Market Abuse Regulation - MAR) and the resulting delegated legislation. The share buy-back program is expected to be realized in the period from 18 November 2020 to 29 January 2021. The total share buy-back in the period will not exceed a market price of DKK 200 million. The following transactions have been made under the program: Number ofSharesAverage purchase priceTransaction value, DKKAccumulated, last announcement206,648670.49138,977,354.1411 January 20218,000658.495,267,947.2012 January 202110,000649.886,498,791.0013 January 20219,298641.475,964,425.2514 January 20219,000639.275,753,424.6015 January 202110,000629.166,291,559.00Accumulated under the program252,946670.49168,753,501.19 With the transactions stated above Royal Unibrew owns a total of 735,441 shares, corresponding to 1.5% of the share capital. The total amount of shares in the company is 49,350,000, including treasury shares. For further information on this Announcement: CFO Lars Vestergaard, tel (+45) 30 93 18 08 www.royalunibrew.com Attachments Fond-RU-3-2021-uk Encl. Company Announcement-18012021-PUBLIC_sbb_ROYAL_UNIBREW
A look at how the president and president-elect plan to spend Martin Luther King Jr. Day.
Elsewhere, inaccuracy dogged the Boston Celtics in a home loss to the New York Knicks.
(Bloomberg) -- Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.For weeks, tens of thousands of farmers have camped outside the nation’s capital, demanding the withdrawal of recently passed legislation they say, without evidence, was designed to allow billionaires such as Mukesh Ambani and Gautam Adani to enter farming. The tycoons say they have no such interest. More than 1,500 phone towers of Ambani’s wireless carrier were vandalized last month and some farmers called for a boycott of their businesses.The fight between the government and the farmers has revived the debate on what Modi’s critics call cozy nexus between the magnates and the popular leader -- accusations they all have denied. The protests, one of Modi’s toughest political challenges yet, follow an eventful 2020 when the combined fortunes of Ambani and Adani swelled by almost $41 billion, even as millions of Indians lost their jobs to the pandemic that pummeled the $2.9 trillion economy.“Everyone loves to hate the rich in times of economic stress,” said Sanjiv Bhasin, a director at investment management firm IIFL Securities Ltd. in Mumbai. “People are venting out their anger at social disparity. It is indeed a new business risk to these large conglomerates. But all the noise will settle when the economy starts growing.”Highlighting the disparity, an Oxfam report in January 2020 said India’s richest 1% hold over four times the wealth of 953 million people who make up the poorest 70% of the country’s population. The wealth of the nation’s top nine billionaires is equivalent to the wealth of the bottom 50% of the population, according to the non-profit body that works against inequality.‘Suit-Boot’The new farm legislation, passed in September, will allow private companies to buy produce directly from farmers, moving from the decades-old system of state-run wholesale buyers and markets that guaranteed a minimum support price. India’s top court last week barred the implementation of the law until the court decides on the matter. Farmers, mostly from the northern state of Punjab, fear that the removal of state support will make them vulnerable to market-driven price fluctuations despite government assurances that a safety net of minimum support prices will continue. About 800 million of the country’s over 1.3 billion people depend directly or indirectly on agriculture, giving the group political clout.Modi, who won a second consecutive five-year term in 2019 with an even bigger majority, has tweeted several times to allay concerns, saying the new laws will cut out middlemen, make farmers more prosperous and India self-reliant.Still, Modi risks letting this political headache snowball into a serious threat. After calling his administration years back as a “suit-boot ki sarkar” -- meaning a government that favors the business elite over the poor -- opposition parties are seizing the opportunity to hit out at him.Responding to the accusations, Ambani’s $174 billion conglomerate Reliance Industries Ltd. issued a statement earlier this month saying it has never done any contract farming or acquired farm land for that purpose, and has no plans to do so. It also vowed to ensure its suppliers will pay government-mandated minimum prices to farmers. The Adani Group clarified in a statement last month that it does not buy food grains from farmers or influence prices.Spokespersons for the Reliance and Adani groups did not respond to emails seeking comment on protesters’ allegations or on India’s wealth disparity. Representatives for the Modi administration and the Prime Minister’s Office in New Delhi didn’t respond to emails seeking comment.Both Adani and Ambani hail from the western Indian state of Gujarat, just like Modi, who served as the state’s chief for over a decade. Both the tycoons have repeatedly aligned their business strategies to Modi’s nation-building initiatives.About two decades ago, Adani cemented his ties to Modi by publicly backing him when a crisis threatened to end the rising politician’s career. Modi was under attack by rivals and businessmen who accused him of failing to prevent bloody sectarian riots in his home state in 2002. Adani created a rival regional industry lobby and helped kick off a biannual global investment summit in Gujarat in 2003 that boosted Modi’s pro-business credentials.Like South Korea’s famed chaebol, Indian conglomerates have been at the forefront of India’s economic growth, especially since a currency crisis forced the government in 1991 to review decades of Soviet-style planning. The modest reforms kicked off three decades ago started allowing private investment in sectors that were mostly controlled by the government. With strained state finances, the capital-starved economy has looked more and more to these tycoons for investments and jobs.‘Gilded Age’Ambani spent most of 2020 raising $27 billion in equity investments -- a record for India -- for his technology and retail businesses from investors including Google and Facebook Inc. He has spelled out an ambitious plan to build these units into a powerful local e-commerce rival to Amazon.com Inc. and Walmart Inc. The Adani group, which started off as a commodities trader in 1988, has grown rapidly to become India’s top private-sector port operator and power generator.“India’s position is similar to America’s Gilded Age, with Ambani and Adani like the modern day Rockefellers and Vanderbilts in the second half of the 19th century,” said James Crabtree, author of The Billionaire Raj: A Journey Through India’s New Gilded Age.During the so-called Gilded Age, the U.S. saw rapid growth and industrialization, helmed mostly by a clutch of powerful business families. But this also led to worsening inequality that sparked labor unrest and railroad strikes. The U.S. government eventually stepped in.Right Model?To be fair, many East Asian nations have followed this developmental path of relying on their “favorite tycoons for nation-building,” Crabtree said, but they were mostly autocratic regimes. “The questions for India are: is this the right model, and can India even pull it off?”The farmers who are protesting are worried by the scale of the ambitions the two tycoons have. They are pressing for the laws to be withdrawn and demanding a guaranteed minimum support price for their produce.“Farmers think these two big corporate houses have links with the power center of India and they have become symbols of crony capitalism,” said Darshan Pal, a senior leader of the Krantikari Kisan Union from Punjab.Separately, Adani’s bid for an airport lease is facing opposition after the local government in the southern state of Kerala challenged it legally. A state minister said last year that Adani winning the bid was “an act of brazen cronyism.”In an Indian court, the Adani group rejected the allegations and said it won the bid through a competitive process. The Supreme Court is scheduled to hear Kerala’s appeal soon, after a lower court ruled in Adani’s favor.As a result of the protests, many retail stores of Reliance have remained shut for months in Punjab, causing millions of dollars in losses. Appealing to the Punjab government last month, Reliance sought protection for its infrastructure and workers, according to a letter seen by Bloomberg News, the contents of which were confirmed by a company spokesman. The conglomerate has also approached a court for remedy.“As long as the gap in income and opportunity is not significantly narrowed via state policy, we can expect those at the top of the pyramid inviting the ire of the growing base of unfair and unequal India,” said Nikita Sud, who teaches international development at the University of Oxford.(Updates with court proceedings in the sixth 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.
Global Dredging will register an incremental spend of about USD 2.34 billion, growing at a CAGR of 3.01% from 2020-2024.
KAHF-Designated Hospitals protect rights for international patients and offer excellent medical services through K-Quarantine.
After a year that can be measured by the sheer volume of sweatpants acquired to work from home, there’s a glimmer of optimism on the horizon with vaccine rollouts now underway. But even as our most glamorous ensembles await their glorious day back in the sun, a return to some degree of normalcy doesn’t mean we’ll be leaving our loungewear in the dust. In fact, according to the 2021 Pinterest Predicts report, comfortable clothing is poised to take on a new kind of leading role in our wardrobes this year, as part of an on-the-brink-of-trending aesthetic the visual discovery platform dubbed “Athflow.” “Different parts of our lives in 2020, and for better or for worse in 2021, have all just collapsed into each other,” says Aya Kanai, Pinterest’s head of content and editorial partnerships, pointing to how intertwined our professional and personal spaces have become as we began to work from home. An upheaval in how we dress followed suit in the form of sweatsuits, nap dresses, and tie-dye — a visible response to cultural shifts in how and where we work, socialise, and unwind. As we continue to adapt to the changes in our lives, loungewear will continue to evolve, too, Kanai says. Hence “Athflow” — a word that illustrates where the trend came from, and where it’s going. This next phase of loungewear may be a product of the seemingly immortal athleisure movement, but it calls for a refined emphasis on styling by way of slick fabrics, cascading silhouettes, and coordinated sets. In short, Athflow is a polished take on ultra-casual, loose, comfortable apparel. It’s the fun feathered trim of Sleeper’s pyjamas, the satisfying fit of Pangaia’s orchid purple track pants, and the romance of a billowing long-sleeve blouse by Lisa Says Gah. It’s the answer to how we’ll keep comfortable when we’re no longer relegated to the sofa ,but still not ready to transition to the outfits we wore pre-pandemic. Drawing from the behaviors of more than 400 million Pinterest users — many of whom come to the platform to plan for the future, be that a forthcoming home decor upgrade, a desert elopement, even an entrepreneurial dream-in-progress — Kanai and her team were able to make data-driven predictions on what they believe consumers will be needing in the months ahead. Their annual report identifies Athflow as an emerging trend in the fashion category ,with major potential to take off in 2021 (and for anyone with doubts, let it be known that eight out of 10 of the company’s predictions came true for 2020, the year that no one saw coming). With search volume around terms like “home dress women” doubling and “oversized outfit” tripling compared to this time last year, along with spikes in activity surrounding “soft outfits,” “oversized outfits,” and “cotton jumpsuits,” the people — or at least, their IP addresses — have spoken. And what they want are ultra-wearable looks that can be dressed up or down; looks that are for swooning or Zooming. More specifically, Pinterest defines Athflow as “professional enough for the ‘office,’ stretchy enough for the yoga mat, and comfy enough for the couch.” This does sound a lot like athleisure itself. The difference, however, is how the category could inform the way we turn up to the workplace or more business-like settings, whenever and wherever that might be. After a year of comfort taking centre stage in all things style, it’s not so far off to imagine office-goers feeling tempted to swap their crisp pre-pandemic slacks for roomy joggers upon receiving the green light to go back to their long-abandoned desks. Kanai also believes the rise of Athflow will correspond with the increase of genderless clothing — a fitting observation considering the trend’s characterising lack of form and inclusive fit. The rules of the dress code as we know it may become as flexible as the lockdown fabrics we’ll be reluctant to abandon. “This idea of who is the self that you bring to the office and what does professionalism look like, I think is very much reflected in the Athflow concept because what is appropriate for professional dressing, what’s appropriate for career dressing, all of that is changing,” Kanai asserts. Heather Gramston, head of womenswear at Browns Fashion, shares that it came as no surprise that loungewear over-performed for the online luxury retailer last year as comfort eclipsed all other priorities for those following stay-at-home orders in their abodes. And with working-from-home forecasted to stick in some capacity post-pandemic, so too, she says, will the appeal of the outfits we wear while doing so, whether or not we’re still in the cloffice (that’s quarantine speak for a closet-office). “We expect this to continue as there is likely to be a permanent shift to working more often from home and, undeniably, our mindset has changed around loungewear which is now being incorporated as an everyday outfit outside of that working-from-home vibe,” Gramston explains. It’s true that it’s not uncommon to find people wearing pyjama-esque get-ups or ribbed two-piece sets à la Simon Miller everywhere from the park to the grocery store (and a sleek pair of mules to boot). As such, designers are being intentional about including more casualwear in their latest collections so that next season’s loungewear looks are versatile enough to transition from informal to formal settings. For Spring/Summer 2021, Browns has boosted its roster of brands with a bundle of increasingly popular labels to offer relaxed silhouettes in cotton and knit fabrics. These include The Frankie Shop, Live The Process, and LESET, among others. High-fashion’s heavy hitters are also embracing this hybrid aesthetic of laid-back business attire. Case in point: Miuccia Prada and Raf Simons’s S/S 21 co-debut featuring extra-long hoodies layered over voluminous skirts paired with pointy-toed kitten heels (see photo above). Plus-size retailer 11 Honoré also recently launched an “Athluxury” collection. The retailer’s design director Danielle Williams-Eke describes it as “pieces that can work comfortably throughout the day but that are chic, stylish, and fit well.” This translates into a size-inclusive selection of satin T-shirts, cashmere dusters, and silky wide-leg pants from its private label and by brands such as LNA, LaPointe, Azeeza, and Baja East — all of which are worthy of a pin on an Athflow board. The analogous trends may be about ease, but, Williams-Eke cautions, to eschew the fine line between Athflow and traditional loungewear, fit must always come first. “One rule I always follow when wearing flowy and oversized pieces is to balance your proportions. If you are wearing an oversized top, opt for a fitted pant or legging. Wearing a wide-leg flowy pant? Pair it with a fitted top. Layer your flowy jackets and sweaters over a form-fitting tank or dress,” she advises. Like lockdown, stay-at-home attire has lasted far longer than we thought, and it’s not necessarily a bad thing. With some tough days likely still ahead of us in this pandemic, the transition to outdoor clothing will be as gradual as the return to “normal” itself, so don’t store those sweatpants away just yet. But what initially materialised as a temporary fix for dressing behind closed doors has opened up new ones to a form of sartorial self-expression — one centring the wearer’s comfort above all else. Like what you see? How about some more R29 goodness, right here?Sustainable Loungewear To See You Through WinterOur Year Of Nap Dresses & Tie DyeLoungewear Is Rooted In Double Standards