Former President of the United States sits down for first on-camera interview since leaving office
Former President of the United States sits down for first on-camera interview since leaving office
Reports of sexual assaults across the U.S. military increased by a very small amount in 2020, a year when troops were largely locked down for months as bases around the world grappled with the COVID-19 pandemic, according to U.S. officials. Officials familiar with the data said sexual assault reports went up by about 1%, compared with the 2019 totals. In 2019, there were more than 7,800 reported sexual assaults, up from more than 6,000 the previous year.
Coercive policies in China's far western region of Xinjiang have led to a sharp decline in birth rates for Uyghurs and other minorities, which could add to evidence of genocide, an Australian think tank said in a report released on Wednesday. The Australian Strategic Policy Institute (ASPI) report, citing official Chinese data, said that there has been an "unprecedented and precipitous drop in official birth-rates in Xinjiang since 2017," when China began a campaign to control birth rates in the region. Xinjiang's birth rate dropped by nearly half from 2017 to 2019, and counties where the population was predominately Uyghur or another minority group saw much sharper declines than other counties, the government-funded institute said in the report.
Ardern faces calls to boost child poverty spending in budget amid glacial progressData released on Thursday shows too many children are still living in damp and mouldy homes, and with families who run out of food Photograph: Daniel Atkin/Alamy Stock Photo
(Bloomberg) -- The largest gasoline pipeline in the U.S. is returning to service, recovering from a cyberattack late Friday that sent pump prices surging and triggered shortages across the Eastern U.S.Colonial Pipeline Co. -- a critical source of gasoline and diesel for the New York area and the rest of the East Coast -- began to resume fuel shipments around 5 p.m. Eastern time Wednesday, the Alpharetta, Georgia-based operating company said in a statement.It’s unclear how long it will take for supplies to come back to normal, though. U.S. Energy Secretary Jennifer Granholm said Tuesday it would take days to fully restore supplies after the restart, while Colonial indicated it will get its physical operations up and running ahead of its business systems.“Resumption of flows is the start, but the race to logistically replenish retail gas stations is the next step,” said Michael Tran, an analyst at RBC Capital Markets. “The restarting of the Colonial pipeline is the beginning of the end of the crisis, not the end.”The news came as gasoline stations were running dry from Florida to Virginia after Colonial was forced to take systems offline on May 7. In parts of the U.S. South, three in every four gas stations had no fuel as of Wednesday, while in Washington, D.C., cars were lining up for blocks as they waited to fill up.Optimism that the situation will start returning to normal sent benchmark gasoline futures down as much as 1.3% in Asia trading hours, after pump prices soared above $3 a gallon for the first time in six years.Despite the improved outlook, the disruption underscores just how vulnerable America’s fuel supply system has become in the wake of increased attacks on energy infrastructure by hackers over the past few years. Colonial is only the latest example of critical infrastructure being targeted by ransomware. Hackers are increasingly attempting to infiltrate essential services such as electric grids and hospitals.The attack on Colonial also came just as the nation’s energy industry is preparing for summer travel and as fuel demand rebounds from pandemic-related lockdowns. It was reminiscent of a 2018 cyberattack that brought down a third-party communications system used by several natural gas pipelines operators across the U.S.Colonial, which each day normally ships about 2.5 million barrels (105 million gallons) -- an amount that exceeds the entire oil consumption of Germany -- warned the line may go down again from time to time while it’s in the process of restarting.In a separate bulletin to its shippers, it said the company was physically starting operations even before its business systems — which process nominations for space on the pipeline and schedule them — are back up and running. As a result, it’ll be using schedules that were set five days ago until its systems are back in service, the notice shows.Feeling ReliefAs the pipeline resumes operations, the states suffering from the most acute shortages may start to feel relief this weekend.In North Carolina, some fuel supply should appear right away, said Gary Harris, executive director of the North Carolina Petroleum & Convenience Marketers, a trade association. “People will have to be running trucks a lot to just catch up because so much is out at this time,” he said.Major branded stations will get fuel first as they are under contract with suppliers, said Harris. Fuel may still be scarce for independent stations that are not under contract.Royal Dutch Shell Plc said it was pursuing alternative supply points, where possible, and working in close coordination with wholesalers to address supply and logistical challenges.In Virginia, consumers should be able to see a difference by Monday, said Michael O’Connor, president of the Virginia Petroleum & Convenience Marketers Association.Shortly before the Colonial announcement, President Joe Biden said he was expecting good news on the situation and touted the steps he had taken to relieve supply disruptions.“I’ve lifted some of the restrictions on the transportation of fuel as well as access to the United States military providing fuel, and with vehicles to get it there, places where it’s badly needed,” Biden told reporters at the White House.The White House this week announced several measures to blunt the growing crisis, including waiving some gasoline requirements and empowering 10 states to allow heavier-than-normal truck loads of fuels.This isn’t the first time Colonial has been forced to shut down. In 2016, an explosion kept the system offline for days, raising gasoline prices and forcing the New York Harbor market to become more dependent on imports of fuel from overseas.The Federal Bureau of Investigation attributed the attack on Colonial to ransomware created by a group called DarkSide. Some evidence emerged linking DarkSide to Russia or elsewhere in Eastern Europe. Biden said Russia has “some responsibility” to address the attack but stopped short of blaming the Kremlin, saying “there’s evidence” the hackers or the software they used are “in Russia.”(Updates with futures trading in the sixth paragraph and bulletin from Colonial in 10th 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.
The mom of two, 29, posted a series of photos on Instagram Wednesday, modeling some swimwear looks from a small business called ModLi
ExOne has now doubled its representation in Greater China over the past year, bringing the total number of sales partners in the APAC region to 12.
Northern Trust Asset Management (NTAM) introduced today the Northern Trust ESG Vector ScoreTM, a measurement that assesses publicly traded companies in the context of financially relevant environmental, social and governance (ESG) related criteria that could impact their operating performance. It can be used in constructing and managing investment portfolios and stewardship activities.
Ladies and gentlemen, thank you for standing by, and welcome to the Poshmark first-quarter 2021 earnings conference call. Joining me today are Manish Chandra, our founder, chairman, and CEO; and Anan Kashyap, our chief financial officer.
Joining me today are Clint Jones, co-founder and chief executive officer; and Travis Matthiesen, our chief financial officer. Thanks, Jay, and thanks for joining us to discuss our first-quarter 2021 results.
Joining me on today's call are Vince Burgess, president, chief executive officer; and David Roman, chief financial officer. This call will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made on this call that do not relate to matters of historical fact should be considered forward-looking statements.
RESN earnings call for the period ending March 31, 2021.
Today with us representing the management of Telefonica Brasil we have Mr. Christian Gebara, CEO of the company; Mr. David Melcon, CFO and Investor Relations Officer; and Mr. Luis Plaster, IR Director. Forward-looking statements are based on the company's management beliefs and assumptions and on information currently available. Forward-looking statements are not guarantees of performance.
Ingram Micro Commerce & Lifecycle Services, a leading provider of global supply chain solutions, e-commerce logistics and IT asset disposition services, announced it has again been recognized as a top provider of fulfillment warehousing by Emerce, a Netherlands-based media platform for e-business decision makers. This marks the second consecutive year Ingram Micro has been included on the Emerce100, a list of the best companies in e-business.
(Bloomberg) -- Asian stocks dropped, with the regional benchmark briefly erasing its gains for the year, as mounting worries over inflation and a resurgence in Covid-19 cases soured investor sentiment.The MSCI Asia Pacific Index slid as much as 1% and was down 0.9% as of 12:52 p.m. in Tokyo, tracking losses in American shares after data on Wednesday showed U.S. consumer prices climbed in April by the most since 2009. The Asian gauge has now fallen more than 9% from a Feb. 17 peak.Tech stocks have been at the forefront of a selloff in global equities this week as an explosive rally in commodity prices threatens to push up inflation. Asia’s tech shares, which are contending with higher U.S. bond yields and stretched valuations just like their global peers, have also been hurt by regulatory tightening in China. Further, a fresh surge in infections in several countries including India, Japan and parts of Southeast Asia is weighing on regional stocks.“We need to kind of price in a more normal interest-rate environment, more normal inflation environment,” said Ken Peng, head of Asia investment strategy at Citigroup Inc.’s private-banking arm. “The shake up could last a while longer. But I’m still not too worried because, growth will comeback to be the most important element once interest rates normalize.”Technology and communication services were the worst-performing sectors on the Asian gauge Thursday.Japanese shares declined for a third day on Thursday, while stocks in China snapped a two-day winning run. Markets in Singapore, India, Indonesia, Malaysia and the Philippines were shut for a holiday. In Taiwan, the benchmark stock index extended losses after slumping the most since March last year on Wednesday partly due to concern over tightening of virus-linked restrictions.SECTORS TO WATCHStocks linked to cryptocurrencies fell in line with the slump in Bitcoin, after Tesla Inc. Chief Executive Officer Elon Musk expressed concerns over its energy usageTraditional Chinese medicine firms advanced as President Xi Jinping called for the development of the treatments after experience gained from COVID-19MARKETS AT A GLANCEJapan’s Topix index down 0.6%; Nikkei 225 down 1.8%Hong Kong’s Hang Seng Index down 1%; Hang Seng China Enterprises down 1.2%; Shanghai Composite down 0.7%; CSI 300 down 0.8%Taiwan’s Taiex index down 0.7%South Korea’s Kospi index down 0.5%; Kospi 200 down 0.7%Australia’s S&P/ASX 200 down 0.6%; New Zealand’s S&P/NZX 50 down 1.1%Thailand’s SET down 1.4%; Vietnam’s VN Index down 0.2%ADVANCERSSeven & i Holdings jumped as much as 7.4% in Tokyo as ValueAct Capital disclosed the acquisition of a 4.3% stake in the operator of convenience storesKirin rose as much as 4.3%, the most since Nov. 16, after the Japanese beer maker beat quarterly profit expectationsChina Mengniu Dairy jumped as much as 5.4% after Danone finalized its HK$15.4 billion ($1.98 billion) sale of approximately 9.8% stake in MengniuGrainCorp added as much as 8.3%, the most since Nov. 13, after the Australian agricultural company raised its FY earnings forecastHanwha Life Insurance surged as much as 8.7% after its 1Q report showed earnings jumped nearly four foldNTT climbed as much as 2.8% after the telecom giant’s quarterly profit and forecast for the current fiscal year beat analyst estimatesDECLINERSSoftBank Group declined as much as 6.7% as its record quarterly profit failed to impress a market reeling from a global selloff in tech stocksGongniu Group dropped as much as 9.7% in Shanghai after the company said it was under investigations by local authorities for monopolistic behaviorPerenti Global tumbled as much as 28%, the most since March 2020, after the Australian mining services company cut its guidanceChina Evergrande New Energy Vehicle Group sank 8.7% in Hong Kong after its parent sold 260m shares at HK$40.92 apiece, a 20% discount to last closeNexon slid as much as 17% after the game developer forecast as much as a 19% y/y decline in operating profit in 1HFor 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.
‘You always catch me off guard with Beau - God love him’
(Bloomberg) -- Oil declined after a four-day gain as a key U.S. pipeline restarted, and traders assessed signs a global glut has been drained.West Texas Intermediate fell 1%, after closing Wednesday at a two-month high, and Brent dropped. The Colonial Pipeline -- a key source of gasoline for the East Coast -- is returning to service after a cyberattack last Friday. That’ll bring relief to motorists after panic-buying emptied out some gas stations.A U.S. government report showed domestic crude inventories fell to the lowest since late February last week, adding to signs of market rebalancing. On Wednesday, the International Energy Agency said the world has now largely worked off the surplus that accumulated when the pandemic routed demand.Oil has surged this year, joining a broad rally in commodities, as investors wager that the economic recovery from the coronavirus outbreak will spur energy consumption. The roll-out of vaccines in the U.S., Europe and China has allowed governments to pare back social-distancing measures, permitting a return to work and much greater mobility. Still, Covid-19 flare-ups in many parts of Asia, including India, have complicated the global picture.“The moves today feel like a consolidation phase, there may also be some investors removing bullish trades following the resumption of the Colonial pipeline,” said Daniel Hynes, senior commodities strategist at Australia and New Zealand Banking Group Ltd. “But ultimately, strong demand globally should keep the uptrend intact.”Oil’s drop on Thursday came together with weakness in other raw materials after Premier Li Keqiang urged China to deal with the commodity price surge, in comments reported by the state broadcaster. Iron ore and copper also fell.Brent’s prompt timespread was 18 cents a barrel in backwardation. While that remains a bullish pattern -- with near-term prices above those further out -- it has dropped to the lowest level since late March.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.
J.T. Compher scored three goals for his first career hat trick to lead the Colorado Avalanche to a 6-0 win over the Los Angeles Kings on Wednesday night. The victory kept Colorado in the hunt for the Presidents’ Trophy and home-ice advantage throughout the postseason. The Avalanche clinched home ice for the first round and could finish first overall in the NHL by beating Los Angeles again Thursday night.
With every pitch he throws, Blue Jays RHP prospect Alek Manoah looks more and more like someone who can help the big club now rather than later.
Protesters filled Bogota’s Plaza de Bolivar on May 12 as part of national demonstrations against police violence and growing inequality during the COVID-19 pandemic.Protests had been held in multiple cities across Colombia for two weeks. At least 47 people had died over the course of the demonstrations, according to local media, citing a report into the death toll. Credit: joanbaezcol via Storyful
Telstra fined $50m for exploiting Indigenous mobile phone plan customers Telco’s sales staff signed up 108 people, many from remote communities, while manipulating credit assessments and failing to explain full costs The federal court ruled on Thursday that 108 Indigenous customers were subject to exploitative practices from Testra sales staff. Many of the customers were from regional or remote Indigenous communities, and spoke English as a second or third language. Photograph: Chris Hopkins/The Guardian