Qibus builds software for driving vehicles remotely
Qibus builds software for driving vehicles remotely
Bill Belichick got one wrong.
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
The German world number seven had claimed his first ATP crown of the year by besting Canada's Felix Auger-Aliassime 6-3 6-3 to win the bett1HULKS Indoor title at the same venue last Sunday. Zverev, this year's U.S. Open runner-up, sent down nine aces and won an incredible 83% of his first serve points as he cruised through the clash with 28-year-old second seed Schwartzman in 71 minutes without being broken. Schwartzman, the world number nine, had beaten Zverev in two of their three previous meetings but looked strangely out of his depth in the final, winning 60% of his first serves and just 23% of his second serves while making five double faults.
(Bloomberg) -- Westpac Banking Corp. has taken a A$1.2 billion ($871 million) charge against second-half earnings to cover a record money-laundering fine and the mounting cost of compensating customers for years of misconduct.The charge is the latest blow to Australia’s oldest bank, which last month was hit with a A$1.3 billion penalty for the country’s biggest breach of anti-money laundering laws. Earlier this year it deferred paying a dividend as bad-debt charges swelled amid the coronavirus-induced recession.Among the charges announced Monday were:A$415 million for the money-laundering fine, including legal costs. Westpac had previously provisioned A$900 million for a settlement, but the cost blew out after further breaches were uncovered.A$568 million to write down the value of its life insurance and auto-finance units, as well as softwareA$182 million to compensate customers, including business borrowers and wrongly-charged insurance feesA$55 million from asset sales and revaluationsChief Executive Officer Peter King is seeking to restore the bank’s battered reputation after the money-laundering scandal led to the departure of predecessor Brian Hartzer. Westpac shares rose 0.7% in early Sydney trading, paring this year’s decline to 22%. Westpac releases full-year results Nov. 2.(Adds share price 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.©2020 Bloomberg L.P.
What do we know about the SBS?The Special Boat Service that stormed a tanker off the Isle of Wight is closely aligned to the SAS
Belarusian President Alexander Lukashenko defied an ultimatum to surrender power by midnight on Sunday, challenging his opponents to make good on their threat to paralyse the country with a national strike. Eleven weeks after a disputed presidential election, the crisis in the former Soviet republic entered a new phase with the expiry of the "People's Ultimatum" set by opposition candidate Sviatlana Tsikhanouskaya. Lukashenko's refusal to quit after 26 years in power will test whether the opposition has the mass support it needs to bring enterprises across the country of 9.5 million people to a halt.
Jimmy Garoppolo was the best quarterback on the field in New England on Sunday.
(Bloomberg) -- U.S. equity futures started the week on the back foot as a stimulus deal remained elusive and coronavirus infections hit a record for a second day. Asia stocks looked set for a muted open.S&P 500 contracts retreated while those in Japan were little changed. Australian shares opened flat. U.S. House Speaker Nancy Pelosi said the chamber could pass a pandemic relief plan this week, though a deal with the White House remains elusive as chances faded of a resolution before next week’s election. The pound ticked higher after trade talks between the U.K. and the European Union were extended to Oct. 28. Hong Kong is closed for a public holiday Monday.U.S. stocks rose Friday as investors held out hope for a spending package, with the S&P 500 Index paring a weekly decline. Treasuries advanced, though the 10-year yield remained above 0.8%. Oil extended a decline.Investors remain focused on the chances of an agreement on a stimulus package as November’s election fast approaches. Still, concerns are mounting that surging virus cases could force additional business closures. The U.S. added more than 85,000 cases in a record figure for one day.“There is very limited incentive on both sides to get a deal done,” Joseph Shaposhnik, a portfolio manager at TCW, said on Bloomberg TV. “The market has baked that in, has baked in the election and is looking out six months and thinking what are the odds life begins to normalize, a vaccine is introduced.”President Donald Trump’s chief of staff said the U.S. isn’t going to “control” the pandemic. U.S. Vice President Mike Pence’s chief of staff tested positive, raising the prospect of another outbreak within the White House. Cases also continue to surge in Europe and other parts of the world.Meanwhile, China is rethinking its yuan internationalization strategy and a senior central bank official called for more proactive with policies to support markets, including improving bilateral currency swap agreements.These are some events to watch this week:The Chinese Communist Party’s Central Committee holds its all-important plenum, where it’s expected to chart the course for the economy’s development for the next 15 years. Through Oct. 29.Brexit negotiating teams have started intense daily negotiations, and these are likely to continue as both sides push to finalize a deal by the middle of November.Bank of Japan and the European Central Bank have monetary policy decisions Thursday, followed by briefings from Governor Kuroda and President Lagarde.The first reading of U.S. 3Q GDP Thursday is anticipated to be the strongest on record following a record dive in the prior quarter as many businesses were shuttered by the pandemic.Here are the major moves in markets:StocksS&P 500 futures fell 0.6% as of 8 a.m. in Tokyo. The S&P 500 Index rose 0.3% Friday.Nikkei 225 futures edged up 0.3%.Australia’s S&P/ASX 200 Index was little changed.CurrenciesThe yen was little changed at 104.70 per dollar.The offshore yuan was at 6.6652 per dollar.The euro fell 0.1% to $1.1854.The British pound traded at $1.3043.The Bloomberg Dollar Spot Index rose 0.1%.BondsThe yield on 10-year Treasuries fell one basis point to 0.84% Friday.Australia’s 10-year bond yield fell four basis points to 0.82%.CommoditiesWest Texas Intermediate crude lost 2.1% to $39.01 a barrel Friday.Gold dropped 0.6% to $1,891.60 an ounce.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.
Sociedad hammered Huesca 4-1 while Lyon beat Monaco by the same scoreline in Ligue 1.
The rapper made the announcement on his 34th Birthday
British-based bottling giant Coca Cola European Partners (CCEP) has made a bid to buy its Australian counterpart for around A$9.23bn (£4.96bn). If approved, it would represent the biggest deal in Australia this year. Reports emerged of a potential bid over the weekend before CCEP revealed it had made a non-binding offer to acquire 69.2pc of Coca Cola Amatil, which is headquartered in New South Wales. Amatil operates in six countries across the Asia Pacific region, namely Australia, New Zealand, Indonesia, Papua New Guinea, Fiji, and Samoa. In a statement released late on Sunday night, CCEP said the deal would help it create a “broader and more balanced footprint”. CCEP, which is the world’s largest independent bottler of Coca Cola, is offering around A$12.75 per share - a premium of 18.6pc on the last closing price. Amatil’s independent shareholders has backed the takeover, Reuters reported. US-based Coca-Cola Co owns a 30.8pc stake in Amatil and a 19.4pc state in CCEP. Both companies bottle and sell Coca Cola products in their respective markets but have suffered from lockdowns that has hindered volumes. “This has particularly been the case in Western Australia and New Zealand ... providing insight on the expected shape of the recovery that can be expected,” Amatil Managing Director Alison Watkins said in a statement. Shares in Amatil have slid nearly a fifth on their 2020 high so far this year. The company has 32 production facilities and operates in Australia, New Zealand, Indonesia, Fiji, Papua New Guinea and Samoa. Any agreement is subject to “confirmatory due diligence” from CCEP, the company said.
Fans got riled up in all sorts of ways! 🔥
Winter weather prompted snowfall and icy conditions in White Bear Lake, Minnesota, on Sunday, October 25, according to the National Weather Service (NWS).The NWS warned of icy bridges in the Minneapolis-St Paul metropolitan area and advised drivers to slow down. There were 173 crashes and 43 spinouts in Minnesota between 7 am and 4.30 pm on Sunday, local media reported, citing officials.This footage, posted by Quinn E Casey on Sunday, shows snowfall in White Bear Lake. Credit: Quinn E Casey via Storyful
Dozens of plates with protest messages were deposited at the Southend West Tory headquarters.
A Chilean court convicted and sentenced a former U.S. citizen on Sunday to 11 years in prison for firing a gun last year into a protest in a coastal city in the South American country. The court found John Cobin had fired shots at a group of protesters along the Reñaca waterfront near the port city of Valparaiso. After the shooting last year, a man who identified himself as Cobin said in a video posted on YouTube that he fired several shots from his handgun after his vehicle was surrounded by protesters.
(Bloomberg) -- U.K. Armed Forces took control of an oil tanker in the English Channel and detained seven individuals, ending an incident involving the suspected hijacking of the Liberian-flagged Nave Andromeda.“Police investigations will now continue. Initial reports confirm the crew are safe and well,” the U.K. Ministry of Defence said in a tweet Sunday.The vessel was on its way from Nigeria and due to dock in Southampton, according to Sky, which first reported the news. It was in ballast and empty of cargo, according to the Maritime and Coastguard Agency. Authorities had put a 3-mile restriction zone around the ship.Hampshire Police said earlier it responded to the incident after reports that a number of stowaways were on board, and they had verbally threatened the crew.The U.K. coast guard deployed search-and-rescue helicopters, an agency spokeswoman said by email earlier.The Nave Andromeda is a Liberian-flagged vessel, according to Bloomberg ship-tracking data.(Updates with comment by U.K. Ministry of Defence, police and coast guard; removes earlier mention of crude oil by Sky News to say the ship is empty)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.
The 11-year Bengals veteran is not taking his new role off the bench in stride.
Last season Manchester City's fragile defending meant they were never really in the title hunt, even if their attacking play remained a joy to watch. This season Pep Guardiola's side appear to have lost their cutting edge up front as well. The creative hole left by the departure of playmaker David Silva was vividly exposed in a laboured first half at West Ham United on Saturday as they managed only one shot on target.
Cash Converters International Limited (ASX:CCV) shareholders should be happy to see the share price up 27% in the last...
Despite a host of offensive injuries, the Browns came through with a stirring comeback Sunday, sparked by resurgent Baker Mayfield. Scott Pianowski discusses his performance and more from Week 7.