Yahoo Finance's Tom Belger has the latest from London.
Yahoo Finance's Tom Belger has the latest from London.
BYU's Zach Wilson looks like a top-10 pick, but he could be seriously tested against a great Chanticleers defensive front.
More than 25 PPP loans were given to businesses under either the Trump Organisation or Kushner Companies
Governments are carrying out ‘targeted killings’ abroad as demonstrations of strength but they discredit and delegitimatise those responsible
The Freight Forwarding Services market will register an incremental spend of about $ 40 billion, growing at a CAGR of 3.71% during the forecast period
Struggling to choose a bottle of fizz? Here's our guide on all things bubbly
Shares of Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) continued surging in November. Brookfield Renewable Partners rallied 17.2%, while Brookfield Renewable Corporation jumped 18.5%, according to data provided by S&P Global Market Intelligence. Several factors powered the renewable energy giant, including its strong third-quarter results, the U.S. election, and a string of positive data on COVID-19 vaccines.
The Henri A. Termeer Tribute Committee along with the Termeer Foundation, today announced the completion and dedication of the Henri A. Termeer Square. Located in the heart of Cambridge’s Kendall Square, the public space was created to honor Henri Termeer who was a founding father of the biotechnology industry, and long-time CEO of Genzyme Corporation. Mr. Termeer unexpectedly passed away on May 12, 2017 at the age of 71.
(Bloomberg) -- Glencore Plc named Gary Nagle to take over as chief executive officer, when billionaire Ivan Glasenberg steps down after almost 20 years at the top of the world’s biggest commodity trader.“It’s time to hand over to a new generation and a new leader,” Glasenberg said on an investor call Friday. “We’ve decided that over the next six months I will be working closely with Gary Nagle, who will be taking over from me.”Nagle, like Glasenberg, is South African and similarly has degrees in commerce and accounting from the University of the Witwatersrand. Also like Glasenberg, he built his career by rising through the ranks of Glencore’s coal department. Now head of that business, Nagle’s appointment comes as Glencore committed to keeping its coal assets, despite speculation it could follow rivals in spinning them off.Glasenberg announced at the end of 2018 his plan to retire in the next few years, firing the starting gun on a closely watched race in which Nagle held off challenges from rivals including Kenny Ives and Nico Paraskevas. The transition comes as Glencore navigates through corruption probes, scrutiny of its environmental bona fides and a share price that’s lost half its value during the past decade.Known by some as a “mini-Ivan,” Nagle joined Glencore in 2000 as an asset manager in the coal department, going on to become chief executive of its Colombian coal operation, Prodeco, in December 2007. Following the acquisition of Xstrata, the 45-year-old was moved to run the company’s South Africa-focused alloy assets, and was later named head of coal assets.Maintaining Culture“He will maintain the culture and the style this company has,” Glasenberg said. “I’m happy to have him as the custodian of my shareholding in the company which I will maintain going forward.”Though Glasenberg is relinquishing the top job, he holds a 9.1% stake in Glencore, making him the second-biggest shareholder.Glencore’s shares rose as much as 4% in London, following the announcement.Glasenberg, who has long defended coal’s role in Glencore’s portfolio, said he would support Nagle if he decided to exit the business. Although he still believes Glencore is a better steward of its coal mines, Glasenberg said that if shareholders decided the coal unit should be sold or spun off, then Nagle would have to do it.“I’ll support him in anything that creates value for shareholders,” he said.Glasenberg’s impending departure follows that of his chief lieutenants, who themselves became billionaires when the company listed, have been leaving the past two years. The exodus included former head of copper trading Telis Mistakidis, head of oil Alex Beard and Daniel Mate, who headed up its zinc business.(Updates with comment from Glasenberg in sixth 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 most comfy winter shoes ever."
Stock futures headed toward a higher open Friday morning, shaking off Thursday’s dip as traders looked ahead to one of the last jobs monthly reports this year from the U.S. Labor Department, and digested a report over temporary supply-chain issues for a key COVID-19 vaccine.
China's online advertising market has either been a minefield or a goldmine over the past year, depending on which companies you've invested in. For Baidu (NASDAQ: BIDU), which owns China's top search engine, it was clearly a minefield. Baidu's advertising revenue dropped year-over-year for six straight quarters; it broadly attributed its woes to China's economic slowdown, the ongoing trade war, the pandemic, and intense competition.
The "Managed Application Services Markets - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
(SPOILER ALERT: Do not read on if you have not watched the sixth episode of season 2 of Disney Plus’ “The Mandalorian.”) After a wildly exciting episode which gave us the ass-kicking first live-action appearance of Ashoka Tano, this week's edition of "The Mandalorian" was lighter on big reveals, but heavier on Mando's parental stress […]
(Bloomberg) -- U.S. stocks climbed to all-time highs and Treasury yields jumped after a report showing U.S. employment gains slowed in November bolstered expectations for more federal stimulus.The S&P 500 rose to a record for the third time in four days, led by the energy, materials and real estate sectors. The Dow Jones Industrial Average also set an all-time intraday high. The dollar headed for its biggest weekly decline in five, while the yield on the 10-year Treasury note reached the highest level since March.“It’s a weaker report than expected,” Jeffrey Rosenberg, BlackRock Inc. senior portfolio manager, said in an interview on Bloomberg Ratio and Television. “The market reaction has been looking through this to the policy response. This week we have a lot of acceleration in terms of movement on that and this is the kind of news the market is interpreting as pushing them over the finish line.”Labor Department figures showed nonfarm payrolls increased by a less-than-forecast 245,000 from the prior month, as the unemployment rate dipped 0.2 percentage point to 6.7%.Energy companies led the Stoxx Europe 600 index higher. The euro strengthened for a fourth day after data signaled the German economy’s resilience to the coronavirus pandemic.Global equities remain around record highs as investors bet positive vaccine developments can help sustain an economic recovery next year. Uncertainty lingers about a U.S. stimulus package, where a bipartisan proposal endorsed by Democratic leaders as a basis for negotiations is luring increased interest from Republicans, lifting the chances for a deal by year-end.“The market is betting that we’ll get a relief package soon,” said Matt Maley, chief market strategist at Miller Tabak + Co. “If anything, this weaker report will get them to agree on a package sooner rather than later.”Elsewhere, oil climbed as OPEC+ reached an agreement to ease its output cuts next year more gradually than previously planned. The Pentagon added four more Chinese companies -- including China National Offshore Oil Corp. -- to a list of firms it says are owned or controlled by the country’s military, exposing them to increased scrutiny and potential sanctions by the U.SHere are the main moves in markets: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.
Gold demand moderated this week in India after local prices recovered from a five-month trough, while buyers in other major hubs were also put off by a slight uptick in prices. "Until last week demand was very good, but now some buyers have taken a pause due to the price rise," said Harshad Ajmera, proprietor of JJ Gold House, a wholesaler in the eastern Indian city of Kolkata. Local gold futures were at 49,400 rupees per 10 grams on Friday, up from 47,550 rupees earlier in the week which was the lowest level since June 19.
New orders for U.S.-made goods increased more than expected in October and business investment on capital was a bit stronger than initially thought as the manufacturing sector continues its steady recovery from the pandemic. The Commerce Department said on Friday that factory orders rose 1.0% after increasing 1.3% in October. The Commerce Department also reported that orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, increased 0.8% in October instead of 0.7% as reported last month.
America’s top infectious disease expert Dr Anthony Fauci said the UK medicines regulator had ‘rushed’ the Pfizer decision.
Michail Antonio has been ruled out of West Ham's game against Manchester United this weekend with another hamstring problem. The striker, who has been West Ham's best player since Project Restart last season, returned from a hamstring problem against Aston Villa on Monday but has now suffered another problem, with the club concerned it is a separate issue and not simply a recurrence of the same injury. David Moyes faces former club Manchester United on Saturday but will have to do so without his talisman, with Sebastien Haller set to return to the starting XI.
The Steelers have gotten pushed around by the NFL all year, but Eric Ebron has an idea how the league can make it up to them.
Are you still supporting diverse businesses this holiday season? Here are some gift ideas from Latinx-owned brands.