Who knew how delicious canned food could be! Our out of a can recipes will make even canned tuna sound delicious
Who knew how delicious canned food could be! Our out of a can recipes will make even canned tuna sound delicious
A two-year investigation by UK watchdog ICO found 'significant data protection failures'
The initiative is voluntary but so far 42 clubs have signed up.
Shares were up more than 19% on Tuesday as the company reported its results.
Atlantic Coast Conference counterparts Virginia Tech and Louisville meet Saturday at Cardinal Stadium aiming to avoid falling out of the conference race. The Cardinals and Hokies were picked fourth and fifth in the preseason ACC poll, but have experienced ups and downs through the first half of the 2020 season. Visiting Virginia Tech (3-2, 3-2 ACC) is coming off a 23-16 loss last week at Wake Forest.
Japan's ANA Holdings Inc on Tuesday said it will retire more than a tenth of its mostly Boeing Co fleet and delay two aircraft orders to help rein in costs and survive a collapse in air travel caused by coronavirus travel restrictions. Forecasting a record operating loss of 505 billion yen ($4.82 billion) for the year to March 31, Japan's biggest airline said it will also temporarily transfer more than 400 workers to other companies and ask those remaining to accept pay cuts or unpaid leave. ANA, like other airlines, is burning through cash to keep jets flying albeit with too few passengers.
Shares of Eli Lilly (NYSE: LLY) were dropping sharply on Tuesday, down by 5.3% as of 12:12 p.m. EDT after falling by as much as 6.2% earlier. Investors are reacting to the drugmaker's disappointing third-quarter earnings report, which it released before the market opened today. During its third quarter, Eli Lilly's revenue came in at $5.7 billion.
The "Micro-Electromechanical Systems (MEMS) Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The big shareholder groups in Sempra Energy (NYSE:SRE) have power over the company. Institutions often own shares in...
(Bloomberg) -- Advanced Micro Devices Inc. agreed to buy Xilinx Inc. for $35 billion in stock, one of the largest chip acquisitions ever, a transaction that gives the former industry also-ran more products and a bigger research budget to challenge leader Intel Corp.Xilinx investors will get 1.7234 AMD shares for each Xilinx stock they own. That values Xilinx at about $143 a share, 25% more than the closing price on Monday and 35% above the price before news of a possible deal was reported earlier in October.The deal is a coup for AMD Chief Executive Officer Lisa Su, creating a company with a larger research-and-development budget and a broader array of products to take on Intel Corp. It also tips the industry into a record year for acquisitions. AMD shares slid 3.5% in New York, leaving them up about 74% this year. Xilinx rose 10% for a gain of 29% so far in 2020.Since taking over in 2014 when AMD was in crisis, Su has slashed debt and overseen the development of more powerful processors. Revenue and profit have surged and the stock has soared. Now Su is using that currency to snap up a company with complementary products that generate steady cash flow.The CEO said she won’t be distracted by the acquisition and will continue to deliver products that meet performance expectations, on time. The combined company will aim for 20% annual revenue growth, the same target as AMD, Su said.“We’ve built a very strong execution capability. That’s core to my DNA and core to today’s AMD,” Su said in a phone interview. “This is about what’s the next step for AMD.”Some investors and analysts were concerned that AMD might borrow heavily to pay for a Xilinx acquisition, repeating costly mistakes from more than a decade ago. The all-stock deal unveiled on Tuesday should calm those fears.Read more: AMD Tries to Avoid Past Debt-Ridden Deal MistakesAMD also reported third-quarter results that beat Wall Street estimates and gave a strong revenue forecast for the current period, buoying confidence in Su’s ability to absorb Xilinx and keep powering growth. Sales in the fourth quarter will be about $3 billion, a jump of 41% from a year earlier. On average analysts had projected $2.62 billion. That follows an increase of 56% in the third quarter on demand for PC, gaming and data center processors.In contrast with Intel last week, Su said demand for data center chips remains strong and believes AMD gained market share. “We are on track to deliver significant annual revenue growth this year and have never been more confident in our trajectory,” she added.The acquisition still needs to be approved by shareholders and regulators, including authorities in China. AMD is targeting the end of 2021 for the deal to close. When it does, the transaction will immediately improve AMD’s profitability, cash flow and revenue growth, AMD said in a statement.AMD shareholders will own 74% of the new company. AMD will pay Xilinx $1.5 billion if the deal fails to close in certain circumstances. For Xilinx, that fee is $1 billion, according to a regulatory filing. AMD would also have to pay a lower $1 billion fee if it can’t get regulatory approvals in time.Su will be CEO of the new company and Xilinx’s Victor Peng will be president, overseeing the Xilinx business and strategic growth initiatives.“We had a great path as a standalone company,” Peng said in an interview. “This is about choosing to be part of an even greater company which is AMD.”Read more about the AMD CEO hereThe deal will give Su more of the pieces she needs to break Intel’s stranglehold on the profitable market for data center computer components. Xilinx, based in San Jose, California, makes field programmable gate arrays, or FPGAs. That kind of chip is unique because its function can be altered by software, even after it’s been installed in a piece of machinery.FPGAs are used in wireless networks, so the purchase will give AMD new telecommunications customers just as that industry spends billions of dollars to build fifth-generation, or 5G, services. Xilinx is also rapidly expanding in data centers, where its chips accelerate computing and help connect servers. The other major FPGA supplier is Intel, which gained its market position through the purchase of Altera Corp. in 2015.Xilinx last week reported quarterly data center sales were up 30% and now account for 14% of total revenue. While it generates less revenue than AMD, Xilinx is more profitable.The transaction is partly driven by the growth of big cloud-computing providers such as Amazon.com Inc. and Alphabet Inc.’s Google. Those companies are spending heavily on new data centers to meet a surge in demand for computing power delivered via the internet. They’ve become major purchasers of server chips, which run thousands of computers that are packed into these data centers.The cloud providers are also racing to enhance services, such as search, with artificial intelligence software, and many companies are experimenting with building their own hardware to do so. That’s putting greater pressure on chipmakers to improve their offerings.At the same time, devices in some of Xilinx’s traditional markets, such as automotive and networking, are increasingly taking on more of the attributes of computers. AMD currently doesn’t have access to those customers, while Intel does.Credit Suisse and DBO Partners advised AMD. Morgan Stanley advised Xilinx.(Updates with CEO comments in sixth paragraph. An earlier version of this story was updated to correct the time required for regulatory approval of the deal.)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.
Get ready for a playlist featuring Miley Cyrus, Ariana Grande and... Doctor Doolittle.
Bethune-Cookman cited rising COVID-19 cases in the United States as a reason for opting out.
Having spent three years as a young player at United before leaving for Juventus in 2012, Pogba returned to Old Trafford for a then world-record fee of 89.3 million pounds in 2016, to much fanfare. With the club struggling to replicate their former glories in the aftermath of Sir Alex Ferguson's retirement, Pogba returning to "my house" as the midfielder called it, was seen by many as a turning point in United's fortunes. "We are going to see the best of Paul in the next couple of seasons, I’m sure."
The number of infections doubled over the past week in 11 areas across the UK, newly released data has revealed. The largest increase was recorded in the Kent towns of Folkstone and Hythe, which saw its number of infections go up by 185% between the week ending 15 October and the week ending 22 October. In fact, of the 11 areas which saw their infections double over the same period, only the town of Chesterfield in Derbyshire is currently in Tier 2.
(Bloomberg) -- Tech shares rose after Advanced Micro Devices Inc. announced a $35 billion takeover of another chipmaker, helping to blunt concern about the impact of growing coronavirus infections. Oil climbed.Xilinx Inc. surged after agreeing to be bought by AMD, with megacap tech names including Amazon.com Inc., Apple Inc. and Facebook Inc. also gaining. Merck & Co. rose after raising its profit forecast. Declines in financial and industrial companies were a drag on the S&P 500 as it struggled to bounce back from its worst loss in a month on Monday.The Stoxx Europe 600 Index fell toward its lowest since May amid concern about the faster spread of the coronavirus on the continent. BP Plc warned of many challenges ahead as the pace of recovery in oil demand remained uncertain.Stocks have been knocked around in recent weeks by speculation about whether lawmakers will pass a fiscal stimulus package, but with almost no possibility of that happening before Americans vote Nov. 3, investors were looking for fresh insight into corporate America’s health. A U.S. consumer confidence report came in worse than forecast Tuesday as the coronavirus infects tens of thousands of Americans daily and weighs on the economy.“Covid case counts and hospitalizations continue to rise -- these will continue to be closely watched as investors gauge the likelihood of more stringent mitigation measures,” said Yousef Abbasi, global market strategist at StoneX.Elsewhere, the dollar slipped and Treasury yields dipped. Crude oil climbed as U.S. Gulf producers shut production ahead of Tropical Storm Zeta. Bitcoin rose toward $13,500, approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.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 main moves in markets:StocksThe S&P 500 Index added 0.1% as of 12:23 p.m. New York time.The Stoxx Europe 600 Index decreased 0.7%.The MSCI Asia Pacific Index rose 0.2%.CurrenciesThe Bloomberg Dollar Spot Index dipped 0.3%.The British pound rose 0.4% to $1.3074.The Japanese yen strengthened 0.4% to 104.42 per dollar.BondsThe yield on 10-year Treasuries dipped two basis points to 0.78%.Germany’s 10-year yield decreased three basis points to -0.61%.Britain’s 10-year yield fell four basis points to 0.23%.CommoditiesWest Texas Intermediate crude added 2.5% to $39.51 a barrel.Gold strengthened 0.4% to $1,909.54 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.
France is increasing security at religious sites as the interior minister said Tuesday that the country faces a “very high” risk of terrorist threats, amid growing geopolitical tensions following the beheading of a teacher who showed his class caricatures of the Prophet Muhammad. French diplomats are trying to quell anger in Turkey and Arab nations amid anti-France protests and calls for boycotts of French goods in response to President Emmanuel Macron’s firm stance against Islamism in the wake of the Oct. 16 beheading. European allies have supported Macron, while Muslim-majority countries are angered by his defense of prophet cartoons they consider sacrilegious.France’s national police have called for increased security at religious sites around the All Saint’s holiday this coming weekend, particularly noting online threats from extremists against Christians and moderate French Muslims.Interior Minister Gerald Darmanin said on France-Inter radio that the terrorist threat remains “very high, because we have a lot of enemies from within and outside the country.”>> Erdogan calls for boycott of French goods, EU calls his comments 'unacceptable'He reiterated plans to try to disband Muslim groups seen as peddling dangerous radical views or with too much foreign financing. He accused Turkey and Pakistan in particular of “meddling in France's internal business."“There is a battle against an Islamist ideology. We must not back down,” he said. But he insisted that “the Muslim faith has all its place in the republic.”Some members of France’s largely moderate Muslim community are calling for calm, and defending the freedom of expression that the beheaded teacher was seeking to demonstrate.The prophet cartoons deeply upset many Muslims around the world. Turkish President Recep Tayyip Erdogan has led the charge against France, questioning Macron’s mental state, and France recalled its ambassador to Turkey for consultations, a first in French-Turkish diplomatic relations.Tensions between the two countries have mounted in recent months over Turkish actions in Syria, Libya and the Caucasus Mountains region of Nagorno-Karabakh. But this new spat has quickly spread to other countries in Europe and the Muslim world.Anti-France protests have been held from Bangladesh to the Gaza Strip, Kuwaiti stores pulled French yogurt and bottles of sparkling water from their shelves, Qatar University canceled a French culture week, and Pakistan’s parliament passed a resolution condemning the publication of cartoons of the prophet. EU officials warn that Turkey’s stance could further damage its relations with key trading partners and its long-stalled efforts to join the EU.“A boycott will only move Turkey even further away from the EU,” European Commission spokesman Balazs Ujvaris said Tuesday, insisting that Turkey needs to respect the terms of its trade deal on merchandise and goods with the EU.(AP)
Former PM Tony Blair nominated ex-Labour MP Greville Janner to be made a peer weeks after winning power in 1997, despite previous allegations.
It’s part of the coffee shop’s largest range of limited edition hot drinks
Netflix announced this morning that it's partnering with Ubisoft to adapt the game publisher's "Assassin's Creed" franchise into a live action series. It has sold 155 million games worldwide and was also turned into a nearly incomprehensible 2016 film starring Michael Fassbender and Marion Cotillard, which underperformed at the box office. Jason Altman and Danielle Kreinik of Ubisoft's film and television division will serve as executive producers.
Coronavirus deaths have hit a five-month high, topping 350 for the first time since May.
Facetune maker Lightricks is out today with a new app, Filtertune, designed to create a community around custom photo filters. With the app, creators can make their own personalized preset photos filters, then share them across social media as photos that have a special QR code attached. While it would be easier to create some sort of in-app system for sharing filters -- similar to Instagram's "Effect Gallery," for example -- Lightricks' user base isn't concentrated in one single app.