Yahoo Finance's Latoya Harding has the latest from London.
Yahoo Finance's Latoya Harding has the latest from London.
"Cruz really did start out his smarmy little tirade with a joke about the firestorm he caused," he said on "Late Night."
Parts of Singapore experienced slightly hazy conditions with burning smell on Tuesday morning (2 March).
Ann Hebert was linked to her son's high-stakes sneaker business that depends on inside information to gain an edge on competition.
Dakota Joshua scored in his NHL debut and Zach Sanford got two goals in the St. Louis Blues' 5-4 victory over the Anaheim Ducks on Monday night. Jordan Kyrou and David Perron also scored for the Blues, who won for the second time in five games. Ville Husso made 29 saves for St. Louis in the same arena where he earned his first NHL victory on Jan. 31.
China's plan to dramatically reform Hong Kong's electoral system, expected to be unveiled in a parliamentary session in Beijing starting this week, will upend the territory's political scene, according to more than a dozen politicians from across the spectrum. The proposed reform will put further pressure on pro-democracy activists, who are already the subject of a crackdown on dissent, and has ruffled the feathers of some pro-Beijing loyalists, some of whom may find themselves swept aside by a new and ambitious crop of loyalists, the people said. The measures will be introduced at the annual meeting of the National People’s Congress, China's rubber-stamp parliament, which starts on Friday, according to media reports.
Physitrack continues M&A activity, announces acquisition of UK care group Rehabplus.
These natural techniques will help you achieve more hair growth than what you have ever experienced before.
'Giant luminous shark': researchers discover that three deep-sea sharks glow in the dark Discovery off New Zealand includes kitefin shark, which at up to 180cm is now biggest-known luminous vertebrate Researchers believe sharks probably glow for camouflage to protect from attack from beneath. Photograph: Supplied
He was a towering figure in the Australian music scene.
Demonstrators in Myanmar took to the streets again on Tuesday to protest last month’s seizure of power by the military, as foreign ministers from Southeast Asian countries prepared to meet to discuss the political crisis. Police in Yangon, Myanmar's biggest city, used tear gas against the protesters. The planned special meeting of the Association of Southeast Asian Nations comes in the wake of worsening violence in Myanmar.
Seven people were injured in a raging house fire in San Francisco’s Outer Mission neighborhood on March 1.Six people required rescuing from the scene while one occupant was able to exit the building on their own. All seven people were taken to hospital in a minor to moderate condition, according to firefighting authorities. Credit: San Francisco Fire Department via Storyful
(Bloomberg) -- A year of bumper harvests has supercharged Australian farming, but the outlook for next season is less stellar with output value shrinking on lower prices and reduced volumes of crops and livestock.The overall value of farm production is forecast to contract 4% to A$63.3 billion ($49 billion) in 2021-22, according to a report from government forecaster Abares. While that figure is expected to stay above A$60 billion over the next five years, the sector faces challenges -- including pressure on red meat prices as China rebuilds its hog herds and a highly variable climate.“Shifting trade, along with macroeconomic and production uncertainties, will provide the backdrop for what we expect to be a more difficult environment in which to grow production and trade value,” Abares’ acting Executive Director Jared Greenville said in a statement. Wine, beef and barley exports are among products hit by a raft of trade curbs amid rising political tensions with China.The sector remained fairly resilient to Covid disruption last season, Greenville said, with production value rising 8% from a year earlier to A$66 billion, thanks to plentiful rains which boosted the winter crop to the second largest on record. While upcoming crops are set to benefit from residual soil moisture and improved water availability across the country, the overall 2021-22 harvest is unlikely to match the records set last season, the report noted.Still, exports are expected to climb 6% in 2021-22, the first increase in four years, helped by increased demand for cotton, wool and dairy products.Other highlights from the report:Close to average rainfall is expected for March to May across northern Australia and parts of eastern, western and southern Australia, which is likely to support average pasture growth and summer crop productionConditions for agriculture in Australia over the medium term are most likely to be adequate but not highly favorable, with an added likelihood of at least one dry year over the next five yearsMost climate models predict a neutral year in 2021–22Australian wheat production is forecast to fall to around 25 million tons in 2021–22, reflecting a return to more average yields, from a record 33.3 million tons a year earlierThe total volume of agricultural production is not expected to increase over the medium term. The volume, while variable year-to-year, has been fairly stable over the decade to 2020–21(Adds final bullet point)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.
World News Tonight anchor David Muir has started to lead coverage of major special events and breaking on ABC News, as the network has phased out the title of “chief anchor” that had been given to Good Morning America co-anchor George Stephanopoulos. The change started last month with Muir leading a special report on the […]
AI earnings call for the period ending December 31, 2020.
All financial results as of, and for the three and 12 months ended December 31, 2020, are preliminary and reflect the company's best estimates based on information available as of the date hereof. Results are subject to change as the company works to complete its financial results and its auditor's work to complete their audit work.
Alabama allowed just 20% capacity at football games last season due to the coronavirus pandemic.
Country diary: a dipper in the shadows of the Devon Expressway . Plymouth, Devon: The sighting takes me by surprise. This is a species I am used to seeing along Dartmoor’s tumbling torrents to the north
Medical professionals warn that not taking the vaccine—whichever one may be available in India—is not a smart move.
(Bloomberg) -- The Reserve Bank of Australia signaled it’s ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the global economy.“The bank remains committed to the 3-year yield target and recently purchased bonds to support the target and will continue to do so as necessary,” Governor Philip Lowe said in a statement Tuesday, after keeping the main policy levers unchanged. “The bank is prepared to make further adjustments to its purchases in response to market conditions.”The RBA has stepped up bond purchases to defend its yield target and in an effort to soothe market dysfunction. Australia and New Zealand both find themselves at the front line as early success in containing Covid-19 means they’re further along the road to recovery that will, potentially, cause an unwind of ultra-loose policy settings.After the upheaval in yields through February, market reaction was muted to the RBA’s statement today. The 10-year yield spiked seven basis points higher while the three-year yield moved further from target to 0.12%, suggesting markets will continue to test the RBA with reflation bets. The currency trimmed its intraday decline to trade at 77.53 U.S. cents at 4:25 p.m. in Sydney.Lowe indicated in his statement that the outlook was largely unchanged from the prior month: inflation will accelerate temporarily after the end of Covid-related price reductions; otherwise, consumer prices will rise 1.25% this year and 1.5% next.The central bank won’t raise its cash rate “until actual inflation is sustainably” in its 2-3% target range,” the governor reiterated. This, he said, will require “materially higher” wages growth that in turn will need “significant gains” in employment to tighten the labor market.“The board does not expect these conditions to be met until 2024 at the earliest,” Lowe said.Central banks and bonds markets across the world have been locked in a showdown as efforts to keep borrowing costs low are being tested by inflation bets. Fed Chair Jerome Powell last week spent two days telling U.S. lawmakers the economy is in no state to be thinking about monetary tightening. European Central Bank President Christine Lagarde is “closely monitoring” debt yields.Lowe said today the bank is “prepared to do more if that is necessary.” That echoed comments earlier today by The Reserve Bank of New Zealand, which said that it stood ready to ramp up bond purchases.What Bloomberg Economics Says...“Rather than resorting to expanding existing policy tools the RBA stuck with jawboning, stating that it doesn’t expect conditions to warrant an increase in interest rates until 2024 at the earliest.”-- James McIntyre, economistFor the full note, click here.The RBA last week bought A$7 billion ($5.4 billion) of government securities in defense of its three-year target, including an unscheduled operation on Friday. It followed up Monday by doubling its usual purchases of longer-dated debt, spurring the biggest drop in yields in a year.Sentiment is strong in Australia, underpinning activity and hiring; on top of that, the nation’s largest export -- iron ore -- is hovering around $170 a ton, levels last seen a decade ago.Economists estimate the economy expanded 2.5% in the final three months of last year from the prior quarter, ahead of data Wednesday. Yet, gross domestic product probably contracted 1.9% from a year earlier, they said.The low cost of borrowing is fueling a rapid rebound in property with the housing market recording its largest monthly gain in 17 years and lending reaching a record high in January.“Housing credit growth to owner-occupiers has picked up, but investor and business credit growth remain weak,” Lowe said. “Lending standards remain sound and it is important that they remain so in an environment of rising housing prices and low interest rates.”(Updates with market reaction in fourth paragraph and detail throughout)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.
As a presidential candidate, Joe Biden promised to make a pariah out of Saudi Arabia over the 2018 killing of dissident Saudi writer Jamal Khashoggi. The Biden administration made clear Friday it would forgo sanctions or any other major penalty against Saudi Crown Prince Mohammed bin Salman in the Khashoggi killing, even after a U.S. intelligence report concluded the prince ordered the it. “It is undeniable that Saudi Arabia is a hugely influential country in the Arab world,” State Department spokesman Ned Price said Monday when asked about Biden's retreat from his promise to isolate the Saudis over the killing.