bioMérieux today announced the launch of Predictive Diagnostics - a new offering for food quality and safety programs.
(Bloomberg) -- Asian stocks looked primed for losses after shares tumbled in the U.S. and Europe, as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic.Australian shares opened about 1.5% lower and futures declined in Japan and Hong Kong. S&P 500 contracts ticked higher after the benchmark lost 3.5% for its biggest drop since June, while a gauge of U.S. equity volatility surged. The dollar held its overnight advance and Treasuries were little changed, keeping 10-year yields around 0.77%, while gold declined. Oil edged up after tumbling more than 5% on concern rising infections will sap demand.In China, nearly 1,000 firms are due to release third-quarter earnings on Thursday, with traders looking to see if the results confirm the nation’s accelerating recovery. The yen was steady ahead of a Bank of Japan meeting that’s expected to leave the key interest rate and asset purchases unchanged.The MSCI global equities gauge is down almost 5% this week as virus cases surge, and after American lawmakers failed to agree on an economic aid package before the Nov. 3 election. Germany and France are imposing stricter lockdowns, while Italy, Spain and the U.K. all reported record case numbers on Wednesday.“We’ve got the election hanging over our heads. Then obviously Covid accelerating to the degree that it has both here in the U.S. as well as in Europe,” said Lori Heinel, deputy global chief investment officer at State Street Global Advisors. “And then you’ve got the lack of stimulus, which in our estimation is still necessary to get us through this period until we get an ultimate medical solution.”Elsewhere, the pound steadied as European Union and U.K. negotiators made progress toward resolving some of the biggest disagreements, raising hopes that a Brexit deal could be reached by early November. The European Central Bank’s policy decision is due later Thursday, with the new coronavirus lockdowns by the euro zone’s biggest economies boosting the chance of preemptive monetary stimulus.These are some events to watch this week:Bank of Japan and the European Central Bank have monetary policy decisions Thursday, followed by briefings from Governor Haruhiko Kuroda and President Christine Lagarde.The Chinese Communist Party’s Central Committee holds its plenum through Friday, where it’s expected to chart the course for the economy’s development for the next 15 years.Brexit negotiating teams have started intense daily talks, and these are likely to continue as both sides push to finalize a deal by the middle of November.The first reading of U.S. third-quarter 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 main moves in markets:StocksS&P 500 Index futures added 0.4% as of 8:38 a.m. in Tokyo. The gauge dropped 3.5% on Wednesday.Futures on Japan’s Nikkei 225 fell 1.5%.Hang Seng futures were down 0.8%.Australia’s S&P/ASX 200 Index retreated 1.7%.CurrenciesThe Bloomberg Dollar Spot Index was steady after increasing 0.6%.The yen was at 104.31 per dollar.The offshore yuan traded at 6.7263 per dollar.The euro bought $1.1747.BondsThe yield on 10-year Treasuries was little changed at 0.77%.Australia’s 10-year yield held at about 0.78%.CommoditiesWest Texas Intermediate crude was at $37.66 a barrel.Gold was at $1,879.15 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.
The Supreme Court will allow absentee ballots in North Carolina to be received and counted up to 9 days after Election Day, in a win for Democrats. The justices on Wednesday refused to disturb a decision by the State Board of Elections to lengthen the period from three to nine days, pushing back the deadline to Nov. 12. The board's decision was part of a legal settlement with a union-affiliated group.
Surging coronavirus cases in the United States and Europe were a growing concern as French and German leaders announced new lockdown measures to combat rising infections. Worsening matters for investor enthusiasm were dwindling hopes for any imminent U.S. economic relief package with a presidential election less than a week away. "Risk sentiment took a nose dive on Wednesday amid more concern around the spread of COVID-19 and renewed restrictions in Europe," ANZ analysts wrote in a note.
The Manchester United star’s mission to ensure no child goes hungry has gripped the nation.
(Bloomberg) -- EBay Inc.’s marketplace growth slowed in the third quarter, worrying investors that an online shopping boost from the Covid-19 pandemic isn’t sustainable.Gross merchandise volume, the value of all goods sold on the site, rose 22% in the third quarter, down from 26% growth in the second quarter. International GMV increased 16%, a smaller gain than the previous period.“If you look at EBay prior to Covid, they were under-performing other e-commerce companies, and that’s the concern,” said Brian Yarbrough, an analyst at Edward D. Jones & Co. “Do we go back to that lackluster performance after Covid?”The shares dropped 4% in extended trading after closing at $53.25 in New York.Fourth-quarter sales will be $2.64 billion to $2.71 billion, the San Jose, California-based company said Wednesday in a statement. That compares with $2.8 billion in revenue during last year’s fourth quarter. The new forecast partly reflects recent asset sales.Pandemic-wary shoppers have turned to online marketplaces like EBay and Amazon.com Inc. to avoid stores in the era of social distancing. The company said it ended the quarter with 183 million active buyers. That was less than analysts’ average prediction for almost 184 million, raising fears about customer growth.Investors may be concerned that EBay’s growth is lagging behind e-commerce growth overall, which is more than 30%, said Ron Josey, an analyst at JMP Securities. “You could argue they are still losing share here,” he added.Chief Executive Officer Jamie Iannone, who took the helm in April, is still trying to show that a slimmed-down EBay can lure customers and get them to spend more on the site. Under pressure from activist investors, EBay in February completed the sale of its event-tickets marketplace StubHub to Viagogo for $4.05 billion. In July, EBay sold the classifieds business to Norway’s Adevinta ASA in a cash and stock deal worth $9.2 billion that leaves EBay with a 44.4% stake in the company.Iannone said he is focusing on refurbished products with two-year warranties from brands like DeLonghi and Makita. The market for refurbished brand goods is in the tens of billions of dollars and is a good fit for EBay deal-seekers, he said. The company is also developing authentication services for luxury watches and second-hand sneakers to attract more high-value products to the site and increase average order sizes, the CEO added.EBay has deals with United Parcel Service Inc. and other carriers to protect sellers from shipping capacity issues and surcharges over the busy holiday period, he noted.“We’re well positioned to help sellers reach buyers this holiday season,” Iannone said.In the fourth quarter, profit, excluding some items, will be 78 to 84 cents a share, EBay said, compared with analysts’ estimates of 80 cents. Third-quarter revenue rose 25% to $2.6 billion. Analysts estimated $2.58 billion. Profit before certain items in the recent period was 85 cents per share, beating the average estimate of 80 cents.(Updates with analyst comment in third 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.
The England forward netted three times in 16 minutes.
Image Source: Getty More and more people are opting to wake up with perfectly done eyebrows, lips, and eyeliner, courtesy of permanent makeup. It sounds like a dream, doesn't it?
President predicts victory in Arizona and other swing states just ‘like 2016’ as he barnstorms in late blitz
Foreign Office condemns ‘unwarranted, unjustified and unacceptable decision’
Pennsylvania Republicans fail to get three-day ballot extension overturnedA deadline extended by the state supreme court stands, but may still be considered by the supreme court after the election
(Bloomberg) -- Financing options open to Australia’s coal operators dwindled further after another of the country’s largest banks said it would end almost all investment in thermal mines and power stations by 2030.The move by Australia and New Zealand Banking Group Ltd. will add to the increasing difficulty miners face in funding new operations or expanding their existing assets in the nation, the world’s second-biggest exporter of thermal coal.Financial institutions across the globe are bowing to pressure from shareholders and lobby groups to avoid investments in the fuel. Meanwhile, Australia’s mining lobby forecasts a booming market, on Tuesday saying that it expects Asian demand to rise 35% over the next decade.As of now, ANZ will not take on any new business customers with thermal coal exposure amounting to more than 10% of total revenue, and will work with existing clients which have over 50% exposure to support their diversification plans, the bank said in its 2020 climate statement published Thursday. It will also limit financing in power generation to natural gas and renewable projects by 2030.“There is no question that people deploying capital, be it in equity or debt, are looking for companies to be more carbon focused, around how you’re moving to reduce that carbon footprint,” said Mark Whelan, ANZ Group Executive, Institutional, in a phone interview. The bank’s direct exposure to thermal coal mines and coal power generation had already been reduced to 0.1% of the portfolio, or around A$500 million, he said.Thermal coal remains an important export for Australia, generating A$20 billion ($14 billion) of revenue in the year to June. ANZ is the last of Australia’s big four banks to set a date for exiting direct thermal coal investments, after Westpac Banking Corp. and Commonwealth Bank of Australia said they plan to be out by 2030 and National Australia Bank Ltd. targeted a 2035 exit.Meanwhile, Japanese banks, among the world’s biggest lenders to coal power developers, are paring back their exposure, leaving the industry to turn elsewhere in search of funding.Read: Death of Coal Financing Is Exaggerated as China Steps Up“The banks in Australia are continuing to hard-wire carbon risk considerations into their lending,” said Emma Herd, chief executive officer at the Investor Group on Climate Change, which represents institutional investors with total funds under management of more than A$2 trillion. ANZ’s statement appeared to strike a balance between reducing the bank’s exposure to coal, while also retaining some financial leverage in the sector to be able to influence change, she said.ANZ did not make any commitment to reduce its involvement in metallurgical coal, an even more valuable export for Australia, with Whelan saying that alternative feedstocks for steel-making were not yet commercially viable. The bank said it would support the transition to a net zero emissions economy by providing at least A$50 billion in funding by 2025 to customers to help finance carbon reduction efforts and that it would source 100% of its own power from renewable sources by the same date.Climate activist group Market Forces said ANZ’s new policy was “underwhelming”. While it brought the bank into line with its peers on thermal coal, there was no clear plan to scale back ANZ’s exposure to the oil and gas sector consistent with Paris Agreement climate goals. “ANZ’s ‘diversification strategy’ serves as a reward to companies expanding the fossil fuel industry as it gives the most climate-destructive coal companies another five years to formulate transition plans, while not even touching oil and gas companies,” the group said in a media release. (Updates with activist comment in 10th and 11th paragraphs; adds chart)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.
Up to 10 per cent of England’s population could be tested each week using 30-minute saliva kits. Government officials have asked local health chiefs to deploy the saliva kits, known as lateral flow tests, in a bid to accelerate Boris Johnson’s “Moonshot” testing plan. In a letter seen by the Guardian, NHS test and trace claims it is embarking on an “important new front in our fight against coronavirus” and asks all directors of public health to sign up to receive rapid-result test kits for up to a tenth of their populations every week, to contain outbreaks and preserve freedoms. This could mean national testing is ramped up to up to 5m tests weekly from the current rate of about 300,000 swab tests, known as PCR kits, which take up to 48 hours to process results in many cases. But local health leaders are concerned about the cost of rolling out the tests coupled with the logistical challenge of tracing the contacts of those who test positive. In the leaked letter, Alex Cooper, director of rapid testing at NHS test and trace, said: “Each director of public health will be eligible to receive on a weekly basis the number of tests equivalent to 10% of their population.” It came as hopes for a vaccine were renewed last night, as it emerged that a German vaccine backed by Pfizer could be ready to distribute before Christmas, with the first doses to be given to the elderly and vulnerable. Albert Bournla, the chief executive of Pfizer, said that the vaccine was in the "last mile" with results expected in weeks. Senior government sources told the Times that a verdict on the German vaccine will come ahead of Oxford's own vaccine, which isn't expected till the New Year.
The return of the Big Ten brought plenty of excitement and drama, and the conference again will be on center stage in Week 9.
The horticulture lighting market in Europe is expected to grow from US$ 991. 1 million in 2019 to US$ 3,767. 9 million by 2027; it is estimated to grow at a CAGR of 18. 8% from 2020 to 2027. Surge in government initiatives is expected to boost the growth of the horticulture lighting market in Europe.New York, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Europe Horticulture Lighting Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Technology, Application, and Cultivation" - https://www.reportlinker.com/p05978850/?utm_source=GNW Growing awareness about sustainable farming and increasing government initiatives in various developed as well as developing countries in Europe to support sustainability are expected to boost the adoption rate of horticultural lighting systems during the forecast period.For example, horticulturalists in the Netherlands, the second-largest exporter of agricultural products, are experimenting with the use of multi-colored LEDs for potential yield enhancement, product quality and taste improvement, as well as cost reduction of greenhouse energy.Moreover, the government of the Netherlands is focusing on the deployment of a geothermal heat plant, which involves drilling at great depths through stratum and installing heat exchangers.Through various incentives such as soft loans and tax breaks, the government has supported the growers.Furthermore, the legalization of cannabis for medicinal purposes by various governments in Europe over the past few years is accelerating the growth of the market.Europe is the most advanced region regarding cannabis legalization for medicinal purposes. Countries, such as the Netherlands, Germany, Italy, Romania, Norway, Poland, and Greece, have fully legalized medical cannabis access. Such initiatives taken by governments is one of the primary driving factor for the Europe horticulture lighting market. Moreover, rising population and advancements in greenhouse and indoor farming approaches are expected to positively influence the demand for horticulture lighting in Europe.Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region due to COVID-19 outbreak.Businesses in the region are facing severe economic difficulties as they had to suspend their operations or substantially reduce their activities.In the region, imports of produce from countries, such as China, India, and South Africa, have slowed owing to this pandemic.However, Spain has increased its imports from Morocco since the start of the pandemic to guarantee the supply of fresh vegetables and fruits in Europe.Further, owing to lockdown across the region, there has been a halt in business operation.Various businesses in the countries of Europe either had to suspend their operations or reduce their activities in a substantial manner which resulted in supply and demand disruptions and thus affected the sales of companies operating in the region.All these factors are expected to have a direct impact on horticulture lighting market growth in European countries.In terms of application, the greenhouses segment led the Europe horticulture lighting market in 2019.Horticulture are generally practiced in protected environment in case of greenhouses, that ensure optimum yield.Facilities like protected environment helps to trap and retain natural sunlight and humidity, which makes it suitable for growing variety of plants.In greenhouses and controlled environments, electric lamps are used to supplement sunlight and extend lighting times to produce horticultural crops, such as vegetables, flowers, and herbs.Plants can either be grown via a conventional method that uses soil as a base or through the hydroponic technique.Plants grown in greenhouses are protected against external factors such as dirt, and they can also be shielded from insects and pests with proper care.Moreover, the plants are protected in such settings from rain, hail, intense heat and sunlight, and snow. Several advantages of Greenhouses above other application ultimately drive the Europe horticulture lighting market.The overall Europe horticulture lighting market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.The process also serves the purpose of obtaining overview and forecast for the Europe horticulture lighting market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the Europe horticulture lighting market. Key players operating in the Europe horticulture lighting market include Agrolux; General Electric Company; Heliospectra AB; Hortilux Schréder B.V; Hubbell, Inc.; Lumileds Holding B.V.; OSRAM Licht AG; and Signify N.V.Read the full report: https://www.reportlinker.com/p05978850/?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: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001
If you have not received it, please contact Camtek's investor relations team at GK Investor & Public Relations at 1 (646) 688-3559 or view it in the news section of the company's website, www.camtek.com. Rafi will provide an overview of Camtek's results and discuss market trends in the third quarter of 2020.
Ladies and gentlemen, thank you for standing by, and welcome to the third-quarter 2020 Akamai Technologies, Inc. earnings conference call. Good afternoon, everyone, and thank you for joining Akamai's third-quarter 2020 earnings conference call. Speaking today will be Tom Leighton, Akamai's chief executive officer; and Ed McGowan, Akamai's chief financial officer.
With me on today's call are Rich Goudis, our executive vice chairman; Miguel Fernandez, our president and CEO; and Sandra Harris, our chief financial and operations officer. In April, when Miguel started, we quickly changed out the majority of the global leadership team, bringing in new executives who we worked with previously and changed the reporting structure in an effort to create a leaner, more responsive, and effective organization.
With me this morning is Chuck Shaffer, President and Chief Operating Officer; Tracey Dexter, Chief Financial Officer; Jeff Lee, Chief Digital Officer; David Houdeshell, Director of Credit Analytics and Policy; and Richard Raiford, our Chief Credit Officer. As you'll hear in a few minutes, despite the unprecedented operating environment for banks, we reported a strong Q3 with adjusted earnings per share of $0.50.
On the line with me today and presenting are Gary Rollins, Rollins' Chairman and Chief Executive Officer; John Wilson, Rollins' Vice Chairman; and Eddie Northen, Senior Vice President, Chief Financial Officer and Treasurer. Management will make some opening remarks, and then we'll open the line for your questions.