- Oops!Something went wrong.Please try again later.
GE Renewable Energy CEO & President Jerome Pecresse joins Yahoo Finance Live to discuss the future of wind power and his expectations for clean energy.
GE Renewable Energy CEO & President Jerome Pecresse joins Yahoo Finance Live to discuss the future of wind power and his expectations for clean energy.
Taylor Hall scored his second goal of the game 2:53 into overtime and the Boston Bruins beat the New York Islanders in their home finale on Monday night to clinch third place in the East Division. Brad Marchand also scored for Boston, which will face second-place Washington in the first round of the playoffs. Tuukka Rask had 16 saves.
Forensic experts, eye-witnesses and more than 60 former soldiers gave evidence across 100 days of hearings at Belfast Coroner’s Court.
Ten people were fatally wounded in gunfire involving the army in west Belfast over three days in August 1971.
Ten people, including a mother of eight and a Catholic priest, were killed in disputed shootings involving the Army in west Belfast in August 1971.
Joel Farabee scored two goals and James van Riemsdyk added one on the power play to lead the Philadelphia Flyers to a 4-2 win over the New Jersey Devils in the season finale for both teams on Monday night. The Flyers finished yet another season without a Stanley Cup — they haven’t won one since consecutive championships in 1974 and 1975 — and this ends as one of the more disheartening ones in franchise history. The Flyers raised their sticks toward the maybe 2,000 fans left at the Wells Fargo Center.
China's factory gate prices rose at the fastest rate in three and a half years during April, official data showed on Tuesday, as the world's second-largest economy continued to gather momentum following record-setting growth in the January-March quarter. The producer price index (PPI), a gauge of industrial profitability, rose 6.8% from a year earlier, the National Bureau of Statistics said in a statement, compared with a 6.5% rise tipped by a Reuters poll of analysts and a 4.4% rise in March. China's export growth beat market expectations in April while imports for the month hit a decade high, official data showed on Friday, underscoring robust economic activity for the world's second-largest economy.
The Rurouni Kenshin movies were supposed to be released in theatres in Japan last summer, but owing to the pandemic, the releases were postponed to this year.
Milan's mythical La Scala opera house erupted into huge applause on Monday to hail a stirring performance at its triumphant reopening after six months of silence imposed by the coronavirus pandemic. The performance came a day before the 75th anniversary of a historic concert in 1946 that celebrated the postwar reopening of La Scala which had been bombed three years earlier and rebuilt.The musicians and performers were greeted by loud applause and volleys of "Bravos!" from the small but enthusiastic audience of 500 lucky music lovers."It's a huge emotion to be able to once more breathe in the atmosphere that only the public can give us," said first violinist Laura Marzadori, smiling broadly. "I hope this is a new beginning and that we won't stop again after these sad months of silence."Bass clarinettist Stefano Cardo called it "a double rebirth," as conductor Arturo Toscanini had opened La Scala after the war "and we are trying to revive it after the pandemic".More than 122,000 people have died during the pandemic in Italy, which reopened its cinemas and theatres on April 26.The storied opera house in Italy's financial capital has not been spared, with a total of 144 cases of Covid-19, including 64 in the chorus, according to its management.Renowned for its exceptional acoustics and red velvet-draped boxes, technicians have been busily getting the ornate opera house ready to reopen.'Magical' To respect social distancing, the musicians took over the ground-floor seating area, with the audience confined to the balconies. Only 500 spectators will be admitted for each performance for the time being -- a fraction of La Scala's normal capacity of 2,000."It was magical, the return to the passion of the big premiere evenings", raved one of the opera-goers, Pia Matteoni.The retired teacher, in black evening dress with a big pearl necklace, had shunned the concerts streamed online during the lockdown, waiting instead for the big reopening.But with no intermission and the bars closed, one sound that was missing was the usual clinking of champagne flutes.Instead, guests were treated to hydro-alcohol gel, as well as temperature checks and masks.Cardo admitted to being "a little nervous" before the concert on Monday evening, which began with the majestic "Patria Oppressa" ("Oppressed Fatherland") from Giuseppe Verdi's "Macbeth".Performed by the La Scala Chorus, it was led by musical director Riccardo Chailly. "We have recorded many concerts in streaming, but it was virtual, here it's different, with the public it's an intense moment of emotion that we share, as the final applause that we missed," Cardo said. 'Tears of joy' Emotions were running high."We have all listened to recorded concerts from our armchairs, but this has nothing to do with the emotion of live music, the quality and beauty of natural sound," said Dominique Meyer, La Scala's director since 2020."I am sure that with the return of the spectators to La Scala, there will be tears of joy," the Frenchman, who previously headed the Vienna Opera for a decade, said. Making her La Scala debut on Monday was 34-year-old Norwegian soprano Lise Davidsen, delivering moving interpretations of arias from Wagner's "Tannhaeuser", Richard Strauss' "Ariadne auf Naxos" and Tchaikovsky's "Queen of Spades". The concert ended with the famous chorus of slaves, "Va, pensiero", from Verdi's "Nabucco", the ode to freedom also sung during Toscanini's concert in 1946.'Signalling Italy's revival' La Scala's reopening was preceded by Italian conductor Riccardo Muti leading the Vienna Philharmonic Orchestra for the first time in more than five months on Sunday in the northern Italian city of Ravenna.And Muti returns to La Scala on Tuesday for the 75th anniversary."La Scala has always been a symbol for the Milanese and for Italy, it is the second Italian brand in terms of reputation, behind Ferrari," said Meyer, an economist by training."Paradoxically, it is La Scala giving the signal for the revival of an entire country, whereas at the beginning of the health crisis, it was said that culture was not an essential activity," he added.Despite having performed virtually, musicians and singers said it was no substitute for the thrill of a concert."It was sad to stay closed for so long. The passion was missing,"said Damiano Cottalasso, a 54 year-old violinist in the orchestra."When we play for ourselves, we are like plants that wither."(AFP)
Conservative Party candidate Jonathon Seed withdrew after a historic driving conviction came to light.
Russell Westbrook has set the NBA record with his 182nd triple-double, surpassing the mark set by Oscar Robertson in 1974. The 32-year-old Westbrook, in his 13th season overall and his first with the Washington Wizards, reached the milestone when he grabbed his 10th rebound with 8:29 left in Monday night's game against the Atlanta Hawks. Westbrook began the night averaging 11.5 assists, tops in the NBA and the only player in double digits.
Jack de Belin remains stood down by NRL after hung jury in sexual assault trial
It’s the case of good news-bad news for Fox’s The Moodys. The good news is that the remaining three episodes have been scheduled. The bad news is that they are getting the burn-off treatment, with two episodes airing back-to-back on June 6 and the last one dropping two weeks later, on June 20. While not […]
MELBOURNE (Reuters) -Basketballer Liz Cambage has confirmed she will play at the Tokyo Games, backtracking on a threat to boycott the showpiece over a lack of racial diversity in Australia's Olympic photo-shoots. Cambage, who was born to a Nigerian father, took umbrage with pictures of Australia's Olympic athletes on social media last week, saying people of colour had been marginalised and she would "sit this one out" until the situation changed. But in an expletive-laden series of video clips on her Instagram account, Cambage said she was in for her third Olympics after London and Rio.
Thank you, Erica, and good afternoon, everyone and welcome to FibroGen's conference call for fiscal 2021 first quarter. Joining me on today's call are Enrique Conterno, Chief Executive Officer; Dr. Percy Carter, our Chief Scientific Officer; Pat Cotroneo, our Chief Financial Officer; Dr. Mark Eisner, our Chief Medical Officer; Thane Wettig, our Chief Commercial Officer; Chris Chung, our Senior Vice President of China Operations; and Dr. Elias Kouchakji, our Senior Vice President of Clinical Development, Drug Safety and Pharmacovigilance.
Bank of Marin Bancorp and the Jon S. Kelly Administrative Trust Agree to Settle Proxy Contest
At least seven of the more than 150 rockets launched by militant group Hamas on Monday targeted Jerusalem, according to Israel’s Defense Forces (IDF). Israeli Prime Minister Benjamin Netanyahu said Monday that a line was crossed when rockets were launched from Gaza at Jerusalem.
(Bloomberg) -- Investors in India’s $2.8 trillion equity market are underestimating the economic impact from the world’s worst coronavirus outbreak, which will delay any recovery and could trigger a “correction” in stocks, according to the country’s top-performing fund manager.The benchmark S&P BSE Sensex has climbed for two straight weeks, a period during which the nation’s tally of daily virus infections as well as related deaths have hit records. Domestic institutional investors, including mutual funds and insurers, poured a net $1.5 billion into stocks in April, helping offset a similar outflow from foreign funds. That trend has continued so far in May.The market “is completely ignoring the present situation,” said Samir Rachh, who oversees 130 billion rupees ($1.8 billion) of assets at Nippon India Mutual Fund in Mumbai. Recent gains have been “driven by a huge amount of liquidity,” he said.India has imposed numerous restrictions on people and businesses, many on a state-by-state basis. But as the outbreak widens, Prime Minister Narendra Modi is under pressure to tighten rules nationwide, which would slow an economy that, according to several forecasts, is poised for double-digit growth this year.While the country is rolling out vaccines, the virus has spread to places that “do not have adequate facilities or the medical infrastructure to handle it,” Rachh said. “If we don’t see it peaking, as estimated, and given how the stocks have gained from last year, there could be a market correction,” he said.Indian stock futures slumped in early Asian trading on Tuesday, tracking a broad decline in regional equities amid growing concern about inflation. SGX Nifty 50 futures slid as much as 1.6% in Singapore.The Nippon India Small Cap Fund managed by Rachh has returned 28% so far this year, the top performance among funds that manage at least $500 million, data compiled by Bloomberg show.Small CapsThe Sensex rose 0.6% on Monday, a fourth day of gains, to close at its highest level since April 29. The gauge has surged about 91% from its March 2020 low, boosted by foreign inflows of $23.3 billion last year and optimism that stimulus measures will help engineer a strong economic revival.Even as businesses were disrupted most of the year, small-cap shares were among the biggest winners, rallying faster than the broader market. That outperformance has widened further in 2021, helping Nippon’s small-cap fund shine.The fund, which allocated 11.3% of its assets to the chemicals sector at the end of April -- the largest for any industry -- has returned about 113% over the past 12 months. Consumer non-durables and software are the other top sector holdings.“Picking up the right small-cap company is like searching for the ideal son-in-law,” Rachh said. “There is a lot of effort and due diligence,” including frequent visits to companies and their dealers and vendors -- which have been made more difficult by the Covid-19 protocols, he said.“If an investor is coming into the [small-cap] category looking at last year’s gains, the returns this year will be nowhere near it,” he said. “Still, the long-term view is that the economy will see a faster recovery once we have dealt with the pandemic.”(Adds mention of Nifty futures’ losses in the sixth 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.
(Bloomberg) -- The rout in China’s hog prices is getting worse.Futures in Dalian extended a slide to the lowest since January as government restrictions on live-hog transportation spurred a temporary imbalance in the local market. Producing regions in northeast China are at risk of oversupply as they’re not able to move the animals to key consumption areas in the south.While that’s good news for the country’s food inflation, which is set to rise moderately this year compared to 2020, it may put the cash flow of hog producers under pressure. As prices declined, investors sold off stock in pig breeding companies including Muyuan Foods Co., Wens Foodstuff Group and New Hope Liuhe Co.So far, the large producers have reported higher sales, which helped to offset the impact of lower prices. Muyuan Foods, the country’s largest hog breeder, reported sales of more than 10 million hogs in the first four months compared with 3.8 million a year earlier. Jiangxi Zhengbang, the second-biggest, said its hog sales jumped 143% in April from the previous year.“The big companies can continue to expand due to in-house breeding operations. They also have access to a lot of capital, which means they can continue to expand and fight for market share, even through down cycles,” said Darin Friedrichs, a Shanghai-based analyst at StoneX Group Inc.However these producers are a small portion of the overall industry. “At these levels a lot of the smaller farmers are losing money,” Friedrichs said. “If those farmers are stepping back, we could see higher prices in three to six months as supplies tighten.”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.
A meeting between Colombian protest leaders and President Ivan Duque broke up on Monday with little sign of progress on curbing nearly two weeks of sometimes deadly anti-government protests. Protest leaders said the government had not shown empathy for their demands, while the government emphasised the meeting was exploratory and said it wanted to reach agreements with demonstrators.Protests, fueled by outrage at a now-canceled tax plan, began on April 28. Amid more than 20 deaths, mostly of marchers, demands have expanded to include action to tackle police violence and the withdrawal of a long-debated health reform.The National Strike Committee, made up of major unions and student groups, attended the meeting with Duque, other government officials and representatives from the United Nations and the Catholic Church."There was not empathy from the government with the reasons, with the demands that have taken us to this national strike," said Francisco Maltes, president of the Central Union of Workers (CUT).The meeting was an echo of similar discussions held after protests in 2019, to little result, student leader Jennifer Pedraza said."The discourse of President Ivan Duque was permissive toward the excesses of the security forces," she said, calling on Colombians to participate in further protests on Wednesday."There was an environment of listening and of respect," said High Peace Commissioner Miguel Ceballos, speaking on behalf of the government. "I repeat before the country: the clear, express willingness of the president of the republic is to create a space to reach deals."Attendees agreed on the need to reject violence, said Ceballos, who repeated a government call for road blockades around the country to be lifted. The government has proposed a further meeting with the strike committee, he said.Protests continued in several cities on Monday, with an estimated 13,000 participants according to a police estimate.Duque made a lightning-fast visit to the city of Cali - a protest epicenter - earlier on Monday, after it was the scene of weekend violence which left over a dozen injured.Nine indigenous demonstrators, who were marching as part of a "minga" or protest, were wounded by gunshots, the Regional Indigenous Council of Cauca said in a statement on Sunday.Four people were wounded by minga protesters, Cali's police said.The human right ombudsman has reported 26 people killed since protests began, but says seven were unrelated to the marches themselves.Human Rights Watch said it has reports of 38 deaths, while local rights groups Temblores and Indepaz have reported 47 killings, the majority by police. (REUTERS)
(Bloomberg) -- Gold held near the highest level in three months as investors weighed growing inflation risks and comments from Federal Reserve officials on the labor market for clues on monetary policy going forward.Bond market expectations for the pace of consumer price inflation over the coming half decade surged on Monday to the highest level since 2006. The jump in the five-year breakeven rate comes amid a run-up in commodities and adds to a longer-term uptick in inflation bets that’s been fueled by improving prospects for growth, plans for infrastructure spending and pandemic-related stimulus measures.“Inflationary concerns will dominate the focus this week, but the base effects are widely priced in and this upcoming reading will likely only serve as a baseline,” said Edward Moya, senior market analyst at Oanda Corp. “Gold prices seem content consolidating, but the next move still seems like it will be higher.”Bullion posted the biggest weekly gain since November last week after a report showed a surprise slowdown in U.S. job growth, supporting the case for continued economic stimulus and low interest rates. Traders will be watching for the U.S. CPI report due Wednesday, which is forecast to show prices continued to increase in April.Spot gold was little changed at $1,835.51 an ounce by 8:09 a.m. in Singapore after climbing as much as 0.8% to $1,845.51 on Monday, the highest since Feb. 11. Silver and platinum steadied, while palladium dropped. The Bloomberg Dollar Spot Index was flat.The U.S. labor market should continue to make a “strong” recovery despite its weaker-than-expected performance last month, said Federal Reserve Bank of Dallas President Robert Kaplan, because consumer demand remains robust.His confidence on the outlook for the job market was echoed by San Francisco Fed chief Mary Daly and Chicago Fed President Charles Evans, with the latter adding that the U.S. central bank will need to remain accommodative “until we really get nervous that inflation is just in excess of averaging 2% over time.”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.