London Stock Exchange has best first quarter for IPOs since 2007Despite the Deliveroo damp squib, the market raised more than £5bn in the first three months of 2021 The London Stock Exchange building. The markets ‘successfully weathered the effects of Brexit and the pandemic’, according to one EY analyst. Photograph: Peter Nicholls/Reuters
Starwatch: prepare to track down a young crescent moonThis week the perennial beauty appears in Taurus so watch the western sky at sunset for it to emerge
The G7 must push for global vaccination. Here’s how it could do itWe can’t afford inaction. The funds needed are a fraction of the trillions Covid is costing usCoronavirus – latest updatesSee all our coronavirus coverage Illustration by Matt Kenyon Illustration: Matt Kenyon/The Guardian
Gordon Brown calls for G7 to act on Covid vaccine ‘apartheid’Former prime minister says group should commit to global vaccine drive and slams UK’s foreign aid cutCoronavirus – latest updatesSee all our coronavirus coverage Gordon Brown says vaccine diplomacy is little more than ‘pinprick’ diplomacy. Photograph: Simon Dawson/Reuters
Meningitis epidemics could be forewarned by weather forecasts in sub-Saharan AfricaA pilot is under way to harness forecasts to predict where conditions that fuel cases are likely to develop A doctor vaccinates for meningitis in Nigeria. Photograph: Deji Yake/EPA
Unifiedpost Group (Euronext: UPG) (Unifiedpost), a leading European fintech company, is proud to announce the acquisition of Crossinx GmbH. The acquisition is a major step in the realisation of the group’s strategy. The solutions of both companies and their markets are highly complementary. By joining forces, the combined group can now offer full order-to-cash and procure-to-pay solutions to small businesses, medium-sized corporates and large enterprises. Unifiedpost now also gets access to the important German market, and even the full DACH region and Hungary. By bringing the businesses and solutions together, multiple avenues of additional value creation are unlocked. Unifiedpost therefore also raises the financial guidance it has given to the market.
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(Bloomberg) -- Career banker Guillermo Lasso won Ecuador’s presidential election runoff after a late surge in the polls, preventing a return to socialism and reassuring bondholders in the default-prone country.With 98% of votes counted, the 65-year-old Lasso had 52.5% compared with 47.5% for economist Andres Arauz, a left-wing protege of former president Rafael Correa. The win caps a surprise comeback by the pro-market candidate in the final weeks. Arauz, who conceded defeat on Sunday evening, won the first round by 13 percentage points.Lasso’s victory will likely be well received by investors when markets open Monday as he’s vowed to uphold a $6.5 billion financing agreement with International Monetary Fund and stay current on the country’s overseas bonds. The nation’s recently restructured notes rallied in recent weeks as polls showed his chances improving.In his victory speech, Lasso said he will work to create “the prosperity we all long for.”Why Ecuador’s Runoff Vote Matters for the Bond Market: QuickTakeEcuador’s notes due in 2040 have risen from an early-March low to trade at 45.5 cents on the U.S. dollar. Lasso’s comfortable win will likely be a catalyst for bonds to rally more, according to a report by Goldman Sachs Group Inc.“Lasso’s victory should reduce political uncertainty and raise the prospects of a fairly orthodox and market-friendly macro policy agenda being pursued in coming years,” Goldman analyst Tiago Severo wrote.Sigh of ReliefWhile bond investors may breathe a sigh of relief, Lasso won’t have an easy time running the country of 17 million people which is far behind in its vaccination campaign and reeling from the economic impact of the pandemic. Last year the dollarized economy contracted 7.8%, its worst performance since at least the 1970s.To govern successfully, Lasso will also have to find a working relationship with the National Assembly, where his backers hold just 31 of the 137 seats. He will also need to reach out to the more than 1.8 million Ecuadorians who voided their votes, including many from indigenous movements.“I’m just hoping the job doesn’t end up too big for Lasso,” given his lack of a majority in the next legislature, said Maria Paz Jervis, dean of law and social studies at SEK University in Quito.Lasso will find it tough to implement unpopular economic policies since legislators from other parties will be reluctant to spend their political capital on his behalf, said Maria Jose Calderon, political scientist at the Pontifical Catholic University in Quito, in a phone interview.Arauz, 36, had vowed to use central bank reserves to pay poor families and was expected to strengthen ties with left-leaning governments in the region including Argentina, Mexico, Venezuela and Cuba. Lasso’s win represents a victory for U.S.-aligned governments in the region, including Brazil, Colombia and Chile.Ecuador’s southern neighbor Peru also voted for president on Sunday. Exit polls showed the country heading for a runoff after no candidate got anywhere near the threshold needed for a first-round win.Self-Made MillionaireLasso, a self-made millionaire and father of five, was president of Banco de Guayaquil, one of the nation’s biggest private banks, and has also served as a regional governor and as finance minister. This was his third run for president.The now president-elect has said he’ll promote policies that boost investment and private sector job creation, and will phase out a tax on taking money out of the country. He’s also promised to boost the monthly minimum wage to $500, from $400, and oversee the vaccination of 9 million people against Covid-19 during his first 100 days in office.“Lasso’s reasonably comfortable victory represents an important turn of events, especially considering the outperformance of leftist presidential and congressional candidates during the first round election,” Goldman’s Severo wrote.(Updates with quotes from Goldman Sachs from 6th 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.
Marcus Morris Sr. scored a season-high 33 points, Paul George added 32 and the Los Angeles Clippers capped a nine-game homestand with a 131-124 victory over the Detroit Pistons on Sunday night. George has three straight 30-point games despite dealing with a nagging toe injury. Morris, who was five points shy of tying his career high, made six 3-pointers and went over 1,000 for his career.
Eight singers went home on American Idol Sunday night as the top 16 were revealed, and one of those lucky contestants was 16-year-old high school student Casey Bishop, who judge Luke Bryan previously stated was "the damn winner of American Idol," after her first audition. On Sunday, Bishop delivered a rocking performance of Soundgarden's "Black Hole Sun," which not only blew the judges away, but also viewers at home. Bryan stated, "You can sing anything you want to. I mean, there's so many amazing notes in what you just did, and it was Soundgarden and it was crazy. It's just really impressive. And why you chose rock, I'll never know, but it's your thing and you can sing, no matter what you sing," while Lionel Richie gave the best compliment, as he shared, “It's fascinating to watch you because you start out as this fairy princess, and then you end up being close to Joplin. I don't know where we're going with this, but I want to know where the extra pair of lungs are on you, because you're holding these notes out to the point of just plain phenomenal." Finally, Katy Perry stated, “You're dangerous, and I like it."The other contestants probably think Bishop is “dangerous” too, because she’s a real threat in this competition.
A cyclone cut power to tens of thousands of people overnight and destroyed several homes on Australia's west coast. Tropical cyclone Seroja damaged 70% of buildings in the coastal town of Kalbarri, the worst hit area, about 310 miles north of Perth, officials said. Emergency services commissioner Darren Klemm said about 30% of the damage was "significant".
(Bloomberg) -- Gold imports by India surged in March to the highest monthly total in nearly two years as a slump in prices stoked demand for jewelry during the ongoing wedding season.Overseas purchases increased more than sevenfold to 98.6 tons last month from 13 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the information isn’t public. That would be the highest since May 2019. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to calls to his mobile phone.Imports during the first three months of 2021 more than doubled in the world’s second-biggest consumer to almost 190 tons, according to Bloomberg calculations based on the data.Benchmark gold futures in India have tumbled about 17% from a record in August last year, boosting demand during the wedding season and ahead of Akshaya Tritiya next month, the second-most auspicious day to buy gold in the Hindu calendar.Still, a resurgence in virus cases and restrictions on movement and business activity in some states is worrying jewelers as it could threaten the revival in sales. In Maharashtra, which houses the biggest bullion market in the country, non-essential businesses have been asked to stay shuttered for the rest of April as infections soar.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.
Pascal Siakam's double dribble in the final seconds cost the Raptors a chance to win Sunday night.
Britain was to partially lift coronavirus restrictions Monday, reopening shops, gyms, pub gardens and hairdressers, while India moved to ban exports of a virus treatment drug as a record surge of cases overwhelms its healthcare system.
Phoebe Bridgers’ guitar seemed like it wasn’t going to see much more action after she smashed it against an amplifier on “Saturday Night Live” in February, but it managed to strike quite a chord among would-be collectors when GLAAD put it up for auction. The artifact went for a shocking $101,500 when bidding closed Sunday. […]
Country diary: a telltale sign of the elusive woodcockAllendale, Northumberland: This tail feather, with its delicate shades of peaty brown, silver and muted orange, is one of the few clues of this secretive, nocturnal bird breeding here in the valley ‘This is a tail feather, part of a barred plumage of earthy browns of tan, honey, russet and umber that enable woodcock, Scolopax rusticola, to hide in plain sight amongst the leaf litter.’ Photograph: Susie White
Sancho has not played for the Bundesliga side since their German Cup quarter-final win over Borussia Moenchengladbach on March 2. The 21-year-old missed the 2-1 defeat by City in the first leg last week and was also unavailable for England's 2022 World Cup qualifiers against San Marino, Albania and Poland during the international break.