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Admit it: it's probably been a while since the last time you've gotten a facial - at least a professional one anyway. Considering the circumstances surrounding the last year, we totally get it, and as nice as those DIY facial treatments may have been in the meantime, we're sure your skin is practically calling out for your aesthetician's touch right about now.
Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company") is pleased to announce that, further to its news release dated March 15, 2021, it has closed the second and final tranche of its financing. Under the final tranche of the private placement, the Company issued 15,916,037 units of the Company (the "Units") at a price of $0.05 per Unit for gross proceeds of approximately $795,802, with each Unit consisting of one common share and one non-transferable common share purchase warrant. Each warrant entitles the holder to acquire an additional common share at an exercise price of $0.07 for a period of two years from the date of issue.
China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms. Gross domestic product (GDP) jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.
Andrew Young delivered a grand slam for his first hit of the season to cap Arizona's 10-run outburst in just two innings against Washington starter Patrick Corbin, and the Diamondbacks went on to beat the struggling Nationals 11-6 on a windy, chilly Thursday night. An announced crowd of 6,666 booed as Washington dropped to 3-7. The Nationals, who dealt with a COVID-19 outbreak earlier this month, have yet to win consecutive games.
BrainChip Holdings Ltd. (ASX: BRN), a leading provider of ultra-low power high performance AI technology, today announced that it is applying to upgrade to the U.S. OTCQX market due to increased interest from U.S. investors.
‘A bottle of water knocked you out? Hahahaha’
Native American-themed films and TV shows have been on the rise recently – Ava DuVernay and Bird Runningwater are developing a dramatic series for NBC about the struggles and triumphs of an Indigenous family – but Hollywood has a long way to go to include Native Americans into its storylines. During today’s SAG-AFTRA panel discussion […]
CVAC earnings call for the period ending March 31, 2021.
(Bloomberg) -- China’s economy soared in the first quarter as consumer spending strengthened, joining production and investment in recovering from the Covid slump a year ago.Gross domestic product climbed a record 18.3% in the first quarter from a year earlier, largely in line with the 18.5% predicted in a Bloomberg survey of economists. The figures are skewed by comparisons from a year ago when the economy was in lockdown. A better reading of the economy’s momentum comes from quarter-on-quarter growth, which slowed to 0.6% from 2.6% in the previous three months.China’s economy steadily picked up pace after an historic contraction in the first quarter of last year, recovering all its lost ground by the end of September. The rebound has been led by strong industrial output and robust exports as the pandemic fueled demand for Chinese-made medical goods and electronic devices.“We are seeing a bit more balanced recovery in the Chinese economy,” Wang Tao, chief China economist at UBS AG, said in an interview with Bloomberg TV. As policy starts to normalize, property and infrastructure investment are set to slow in the next few quarters, she said. “So that early pickup in construction industry is going to give way to more household consumption,” she said.China’s benchmark CSI 300 Index erased an earlier loss of as much as 0.6%. China’s 10-year government bond futures also reversed earlier losses to rise as much as 0.1% while the yield on benchmark 10-year sovereign debt fell one basis point to 3.165%. The onshore yuan lost 0.17%, the first drop this week, to 6.5329 per dollar.Bumper GDP growth, rising inflation and soaring debt levels have put policy makers on guard. Beijing has signaled it wants to scale back fiscal and monetary stimulus now that the recovery is gathering pace, and is tightening regulatory oversight in areas such as lending and real estate. The central bank has asked banks to curtail loan growth in coming months, though officials have stressed a gradual tapering of policy.Globally, the rollout of vaccines is helping to bolster the world economy and underpinning China’s growth. On top of that, the Biden administration’s massive fiscal stimulus is expected to have huge spillovers for the rest of the world, especially in China, the world’s biggest exporter. Bloomberg Economics’ Chang Shu upgraded her growth forecast for China for this year to 9.3% from 8.2% previously. The government’s official target is for growth above 6% this year.(Updates with comment from economist and market reaction.)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.
Image source: The Motley Fool. Alcoa Corporation (NYSE: AA)Q1 2021 Earnings CallApr 15, 2021, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, and welcome to the Alcoa Corporation First Quarter 2020 [Phonetic] Earnings Presentation and Conference Call.
See who's knocking from the comfort of your couch.
(Bloomberg) -- Investors troubled by China Huarong Asset Management Co.’s public silence on details of its overhaul plan are looking ahead to key events that could provide clarity about the state of its finances.First up: Can the state-owned company make good on its looming debt payments? China Huarong’s securities unit has a 2.5 billion yuan ($383 million) bond due Sunday, while two other related bonds worth the equivalent of $590 million combined mature April 27, Bloomberg-compiled data show.Reports that China Huarong has prepared funds to fully repay its Singapore dollar note triggered a rally in the company’s overseas bonds on Thursday. A spokesperson said the main offshore arm of China Huarong “will continue its stable and compliant operations based on new business development plan.”Click to read why Citigroup analysts recommend buying Huarong bondsThe distressed-asset manager isn’t exactly flush with free cash, according to its interim report. It had the equivalent of $3.4 billion worth of deposits at the central bank as of June 30, largely held in mandatory reserves. Only $84 million was readily available for the group’s daily operations, the report shows.“Investors need clarity,” said Thomas Wu, head of Asia fixed income at Pictet Wealth Management. “The information vacuum is weighing on the bonds and -- even if near-term default is avoided with repayment on the SGD note -- that doesn’t necessarily improve prospects for investors holding longer-dated bonds.”With some $7.4 billion worth of bonds needing to be repaid or refinanced this year, the company and its subsidiaries will need to find new funds, and soon. The plunge in its dollar bonds makes raising cash in the offshore market highly unlikely for now. Some of its existing bonds fell to as low as 45 cents on the dollar Thursday, compared with 100 cents at the end of last month.Another key question is when China Huarong will release earnings. Any announcement should shed some light on the company’s future plans, including a possible restructuring. Under Hong Kong exchange rules, China Huarong has until April 30 to publish its final report. The company failed to meet a March deadline for its preliminary results, which triggered a trading suspension for the shares.In an emailed response to questions from Bloomberg, China Huarong this week said it has “adequate liquidity” and plans to announce the expected date of its 2020 earnings release after consulting with auditors.China Huarong hasn’t made a regulatory statement on the health of its finances since early April, when it said its auditor needed more time to finalize an unspecified transaction. Executives told investors at the time that the firm didn’t want to cause confusion by publishing unaudited, preliminary results.But silence has fueled concern. The firm’s investment-grade bonds have sunk to near distressed levels as investors consider worst-case scenarios. Adding to the nervousness is the fact that the country’s Ministry of Finance -- China Huarong’s largest shareholder -- has yet to pledge government support. This all in a company whose former chairman was executed earlier this year after being found guilty of accepting bribes.There are other potential sources of insight coming up on Friday.Xiao Yuanqi, vice chairman of the banking and insurance regulator, will hold a 3 p.m. press conference in Beijing to discuss the industry’s first quarter performance.China Orient Asset Management Co., a smaller rival of Huarong, is scheduled to release its widely-watched annual report on the distressed asset industry. The report, based on a survey of bankers and other professionals, provides insight into current conditions and the industry’s outlook for the market. A Huarong senior executive is set to speak at an event to discuss the findings from 2 p.m. in Beijing, according to an invitation. There will be no video streaming of the event or phone dial-in.China’s 50-odd local bad-loan management firms are scheduled to convene with financial regulators in an annual closed-door meeting, according to a notice seen by Bloomberg.Trading in China Huarong’s shares won’t resume until it it provides a financial update. In some extreme cases, Hong Kong’s stock exchange can cancel listings if shares are suspended for a prolonged period.(Updates to clarify Friday event in bullets section; adds additional event and further details in penultimate 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.
An end to cigarettes? New Zealand aims to create smoke-free generationProposals include making sale of cigarettes to anyone born after 2004 illegal There has been a mixed response to New Zealand’s plans to crack down on smoking Photograph: Jenny Kane/AP
Giannis Antetokounmpo scored 15 points in his return to the Milwaukee lineup and got plenty of help from his teammates as the Bucks cooled off the surging Atlanta Hawks 120-109 Thursday night. Antetokounmpo had missed six games with an ailing left knee before getting cleared to return in Atlanta, where he starred in the NBA All-Star Game last month. The Hawks got as close as 113-105 with just over two minutes remaining, but the Bucks sealed the victory with a sequence in which they claimed three straight offensive rebounds, the last leading to a put-back dunk by Brook Lopez.
FOX News contributor Leo Terrell and conservative radio host react to the shooting and death of a Chicago teen on 'Hannity'
(Bloomberg) -- Asian stocks slipped Friday after surprisingly robust economic data helped propel U.S. indexes to records. Yields on benchmark 10-year Treasury notes fell.Shares fluctuated in China as data showed economic growth soared from a year earlier but that quarter-on-quarter expansion slowed. Declines elsewhere weighed on a regional gauge. U.S. contracts slipped after equity benchmarks hit all-time highs overnight better-than-expected retail sales and jobless claims figures. Financials weakened amid the slide in bond yields, even after Citigroup Inc. and Bank of America Corp. beat trading-revenue forecasts.Treasuries advanced despite better-than-expected U.S. retail sales and jobless claims data. Traders suggested foreign buying and geopolitical risks may have contributed to the rallies, with many investors caught positioned for further weakness. The U.S. dollar edged higher after a series of declines.Equities reached all-time highs this week amid the rebound in global growth, confidence in continued policy support from central banks and some upbeat corporate-earnings reports. The rally in government bonds highlights persistent risks, however, with some countries facing spikes in Covid-19 infections and setbacks in their vaccine rollout.The bond market’s surge is “one of the more confusing dynamics in markets” at the moment, said Michael Arone, investment strategist at State Street Global Advisors. “Part of it is that you saw the 10-year make a very rapid move over a very short period of time, so this could be a pause before it starts to move higher again.”Elsewhere, Bitcoin held gains and Coinbase Global Inc. fell despite news that three funds at Cathie Wood’s Ark Investment Management bought shares at Wednesday’s debut of the digital-asset exchange. Oil held a recent advance, and copper is on course for the best week in about two months.Some key events to watch this week:China economic growth, industrial production and retail sales figures are on Friday.These are some of the main moves in financial markets:StocksS&P 500 futures dipped 0.2% as of 11:12 a.m. in Tokyo. The index rose 1.1% to an all-time peak.Japan’s Topix Index slipped 0.2%.Shanghai Composite Index fell less than 0.1%.Hang Seng Index shed 0.1%.South Korea’s Kospi Index edged down 0.2%.Australia’s S&P/ASX 200 Index was down 0.3%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.2%.The euro dipped 0.1% to $1.1952.The Japanese yen weakened 0.1% to 108.86.BondsThe yield on 10-year Treasuries was at 1.58%, after falling six basis points in the U.S. session.Australia’s 10-year yield was five basis points lower at 1.72%.CommoditiesWest Texas Intermediate crude was little changed at $63.40 a barrel.Gold traded around $1,761 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.
People can now move across local authority boundaries and meet outside in groups of up to six.
Covid booster shot warning ‘underlines urgent need for Australia to make mRNA vaccines’Pfizer boss flags likelihood that extra jabs will be required – raising prospect of increased global demand Covid booster shot could be needed after nine to 12 months, White House says Australia is wholly reliant on imports for its supplies of the Pfizer Covid vaccine. Photograph: Asanka Ratnayake/Getty Images
'Hannity' host questions Democrats' calls for peace following shooting of 13-year-old Chicago boy
Syngin Colchester broke one of his ankles and sprained the other while hiking in the forest