Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Leeds head into the game against Leicester seeking their fourth win of the league campaign but face a potentially tricky test at home with Vardy in fine form, netting six goals from five league games, including the winner at Arsenal last time out. Leeds skipper Liam Cooper is available for selection after shaking off a groin problem, but Diego Llorente (groin) and Kalvin Phillips (shoulder) will miss out through injury.
Ivory Coast votes in a tense election on Saturday after an opposition boycott and clashes over President Alassane Ouattara's contested attempt to secure a third term.
Thank you for joining us for RBC Bearings fiscal 2021 second quarter earnings conference call. With me on the call today are Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Director, Vice President and Chief Operating Officer; and Robert Sullivan, Vice President and Chief Financial Officer.
At this time, it's my pleasure to turn the floor over to Ms. Claudia Bustamante, Investor Relations Manager. Joining me on the call today is Mr. Humberto Nadal, our Chief Executive Officer and Mr. Manuel Ferreyros, our Chief Financial Officer. Mr. Nadal will begin our call with an overview of the quarter focusing primarily on our strategic outlook for the short term and medium term.
TEF earnings call for the period ending September 30, 2020.
Now, with infections on the rise, economists say many voters may be weighed by a gloomy outlook when deciding whether to back the incumbent president, Republican Donald Trump, or his challenger, Democrat Joe Biden. "I would think the overall mood of the voter going in is not joyous right now," said Kathy Bostjancic, chief U.S. financial economist for Oxford Economics. The economic data released this week largely beat expectations and showed incomes are rising, consumers are spending more and output is increasing.
Two Goldman Sachs Group Inc money-market funds, whipsawed in March by billions of dollars of investor withdrawals, have steadily amassed a liquidity cushion much larger than rivals, as the $4.35 trillion industry braces for the outcome of the U.S. presidential election and another global surge in coronavirus cases. “We actively manage liquidity in our funds as dictated by the market environment,” Goldman said in an email statement. Average weekly liquidity at about 111 U.S. prime institutional money-market funds, like the Goldman funds, was 66% at the end of September, up from 54% in the year-ago period, a Reuters analysis of U.S. regulatory filings show.
Commercial Vehicle Cabin Market is poised to experience spend growth of more than USD 11 billion between 2020-2024 at a CAGR of over 3.65%.
(Bloomberg) -- An official gauge of activity in China’s manufacturing industry fell slightly in October, while consumer spending helped to lift services output, suggesting the economic recovery remains on track.The manufacturing purchasing managers’ index in October eased to 51.4 from 51.5 in the previous month, according to data released by the National Bureau of Statistics Saturday -- largely in line with the 51.3 median estimate in a Bloomberg survey of economistsThe non-manufacturing gauge climbed to 56.2 from September’s 55.9, higher than the median forecast of 56. Readings above 50 indicate improving conditions from the previous monthKey InsightsThe data shows a steady momentum in China’s economic recovery, with industrial production stable and global demand and consumption continuing to pick up. The manufacturing PMI has now been above the 50 mark for eight consecutive monthsFactory output was likely affected by the longer-than-usual golden week holiday in October. At the same time, the holiday gave a boost to consumer spending, especially on travel, helping to buoy the non-manufacturing sector, which includes services and constructionWhile China’s domestic demand is improving, the global environment is becoming more uncertain. A resurgence in Covid-19 cases in some of China’s key markets may weigh on the outlook as countries like Germany and France return to various forms of lockdown. China’s early economic indicators showed mixed signals for the recovery in October“The second wave of Covid-19 outside China could bolster China’s exports, but may also delay the full recovery of China’s services sector, as Beijing still needs to stay alert,” Nomura Holdings Inc. economists, led by Ting Lu, wrote in a note. “An extended pandemic may eventually dampen demand for China’s exports if the purchasing power in overseas economies diminishes and they adjust their manufacturing to the new normal”What Bloomberg Economics Says...“The data suggest there is no urgency for the government to add fresh stimulus by year-end, though we expect an easing bias to be maintained. The only tarnish on an otherwise solid set of data was a drop in the PMI for small companies, which slipped back into contractionary territory.”\-- Chang Shu, chief Asia economistClick here to read the full report.Get MoreA sub-index of new export orders for factories climbed to 51 from 50.8 in September, while new orders were unchangedA sub-index of manufacturing employment eased to 49.3 from 49.6 in September, while non-manufacturing employment rose to 49.4China Federation of Logistics and Purchasing analyst Zhang Liqun said in a statement that 40% of companies cited weak market demand as still a major challenge, while more than 30% highlighted rising prices for raw material and high labor costs(Updates with comment from economists and additional details.)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 pair have starred together in seven films.
It's been a tough year for the NBA. Things might be about to get tougher.
Powerful earthquake rocks Turkish coast and Greek islandsAt least 26 deaths reported after quake strikes İzmir in Turkey and Greek island of Samos
England are odds-on favourites to lift the trophy, although Ireland and third-placed France can also win the tournament that was rescheduled due to the COVID-19 pandemic. The simplest route to the title for England is a bonus-point victory over Italy coupled with Ireland failing to beat France.
"Thousands" of supporters were "injured" because they couldn't see him at a campaign rally in Rochester, Trump complained.
The response to the coronavirus pandemic is a central theme as Australia’s tourist-popular Queensland state votes for a new government Saturday in an expected close race between the incumbent premier and an opposition challenger. In a trend following that of next week’s U.S. presidential election, more than 1.65 million of 3.3 million eligible voters in the so-called Sunshine State voted ahead of election day. Voting at all levels of government in Australia — federal, state and municipal — is compulsory.
Cement Market is poised to experience spend growth of more than USD 68 billion between 2020-2024 at a CAGR of over 3.63%.
The Associated Press, one of several news organizations whose declarations of winners drive election coverage, is pulling back the curtain this year to explain how it is reaching those conclusions. If necessary, top news executives will speak publicly in interviews about the process, said Sally Buzbee, senior vice president and executive editor. Given high interest in the presidential race, the complicating factor of strong early voting and President Donald Trump's warnings about potential fraud, television executives are making similar promises of transparency.
Australia has announced it will spend 500 million Australian dollars ($351 million) to secure COVID-19 vaccines for the Pacific and Southeast Asia “as part of a shared recovery for our region from the pandemic.” The government said it would use a range of advance purchase agreements with manufacturers via the global COVAX Facility plan, which aims to ensure virus vaccines are shared with all nations.
When shooting the film Kindred—directed and co-written by Joe Marcantonio and available on demand November 6—London native Tamara Lawrance found herself mostly alone in Ireland, shuttling between the cottage where she was staying and set. That isolation had resonances with her role in the film as Charlotte, a young woman who has made plans with her live-in boyfriend, Ben, to move to Australia, leaving behind his staid, upper class family and their frigid castle for a “fresh start” in the outback. Unfortunately, the escape plan does not hatch; Charlotte gets pregnant and Ben is killed in an accident. Instead of heading to Australia, the young woman is kept confined to her dead boyfriend’s mother Margaret’s home, along with Margaret’s overly friendly beta stepson, Thomas. A disturbing psychological game ensues: by insisting on her freedom, is reluctant mother-to-be Charlotte endangering the health of the baby? Or are her cold, wealthy keepers holding her hostage, using her own mother’s troubled past as justification to detain her?Lawrance’s work as Charlotte in the film is at turns quiet and eruptive; playing against the legendary Fiona Shaw’s Margaret, a darkly possessive and grief stricken matriarch, Lawrance carves out a space for her own character’s mystery. We know that Charlotte’s mother was herself not up to the work of being a mother due to mental illness. When Charlotte finds out she’s pregnant herself, her first instinct is to have an abortion; yet the posh doctor she sees is discouraging and pushes her to embrace motherhood—we find out later that he tells Ben’s family about the pregnancy before she gets the chance to tell Ben. Charlotte responds with small rebellions—chugging a glass of wine here, taking a few puffs of a cigarette there. No one, however, seems to be interested in what she wants for herself; not even Ben, whose excitement over fatherhood distracts him from Charlotte’s trouble.Lawrance, who also appears in Steve McQueen’s upcoming Small Axe trilogy, was encouraged to audition for the role—her first leading one on screen—by her friend Jack Lowden, who plays Thomas. She and Lowden, who also produced Kindred, had already appeared together in the television adaptation of Andrea Levy’s The Long Song, about a formerly enslaved Jamaican woman’s recollections of her life on a sugarcane plantation. This new collaboration, however, would have a different thrust. “What I really liked about the Kindred script is that Charlotte wasn’t racialized as Black,” Lawrance told me over Zoom, “which means there’s a chance for the audience to empathize with what’s happening without there being any overt explanation of why she’s there. I think that always adds to the mystery of it, and I’m interested to see what the racial overtones and undertones are that people glean from it.”It’s exciting to see a Black actress of such talent as Lawrance lead a film that privileges layers of interpretation over too-easy polemics, using a grand yet subdued backdrop to ask questions about agency and authority without weaponizing identity to do so. This kind of staging allows an actress who would typically be racialized at every turn in a lagging industry to display her range without having to crank the volume. Still, that Charlotte is a Black woman and not from an upper class background is not erased from the film. Lawrance inhabits Charlotte as an outsider in her environment, but not within herself; she’s always quite sure of the absurdity of what surrounds her and conscious of its stifling and ultimately dangerous effects. Yet this consciousness only further endangers her, because even those she is led to believe are her allies fail to hear and support her.“There are some resonances between my own experiences in the world as a Black person and Charlotte’s [experiences in the film],” Lawrance explains. “She’s in a house surrounded by white people who say that they’re there to take care of you, but then what they’re deeming as care mis actually for [her] downfall.” In Kindred, white (medical) patriarchy is also upheld by people of color and women, drawing parallels to the workings of the Western film industry, for example. Still, things are looking up for Lawrance. Currently, she is slated to co-star with Black Panther breakout Letitia Wright in the upcoming Agnieszka Smoczynska film Silent Twins, based on the true story of Black Welsh twins June and Jennifer Gibbons, who chose to be mute and only communicate with each other—fostering dreams of becoming writers before going on a petty crime spree. Lawrance tells me she can’t say much about the film at this early stage, but hopefully, her casting signals her lasting presence on screen.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
For users of the nascent internet of the late-90s and early-2000s, it was a much simpler time. Text-based web design. Pixelated graphics. Dancing babies and hamsters. Remember fledgling attempts by corporations to make website tie-ins to popular products—say Coca-Cola—or films—say the 1996 Warner Brothers feature, Space Jam? Captured by the digital novelty of it all, you might have even made a first clunky website of your very own.Fast forward to the internet of 2020, where websites of all type are increasingly traded as the digital currency of the multi-platform, social media era. Many of those early websites have lived a long life in the first two decades of the digital age, but have evolved; others have stayed the same. Famously, the original site promoting the classic duo of Michael Jordan and Bugs Bunny is still going strong—an unchanged monument to mid-90s nostalgia that Rolling Stone once called “The Website that Wouldn’t Die.” But what of the early websites that lived a short, grainy life and did die—abandoned by their creators as associated businesses and products folded, and the masses of humanity opted for the relative ease of hosting their web presence on social media platforms like Facebook and Twitter? Indeed, most of those early websites have been buried in the graveyard of digital history. But purveyors of disinformation working to game search engine optimization have exhumed some of these sites, cleaned them up, and weaponized them. This appears to now include peddlers of Russian disinformation narratives, who have reanimated moldering sites as rudimentary propaganda platforms.Simply put: welcome to the dawn of the era of zombie disinformation websites! While digital security and disinformation experts have focused on the proliferation of Russian bot and troll social media accounts in the aftermath of the Kremlin’s interference in the 2016 U.S. Presidential election, zombie disinformation websites have begun to lurk among the search results for legitimate media platforms on search engines. But with so many dubious disinformation sources floating around cyberspace, what makes these sites uniquely concerning?Hackers Planted Trump Smears—and Pro-Iran Trolls Spread ThemThe potential use and reach of the zombie sites could be a possible new front for those wanting to wage low-cost information warfare. Search engines return ranked website keyword search results based on an array of site characteristics. While there is a healthy online dialogue among experts analyzing how search engines like google or yahoo rank results, attributes including click-through rate, key word usage, backlinks, site domain and registration age all appear to contribute to the rankings. Since it would take a significant amount of organic click traffic for these sites to be regularly boosted to appear among legitimate news sites, the fact that these sites already have years or decades of web presence in the bank means that they may be returned in searches more readily than new, home-grown disinformation sites. Thus, although these platforms appear to only receive limited click traffic, the mere fact that their specious headlines appear next to legitimate headlines may already satisfy a common objective of disinformation peddlers: creating a veneer of debate among widely agreed-upon fact-based reporting (say, an election result). The cost of reviving an older domain with a history of attributes that would help boost search rankings might be lower than traditional influence operations that rely on bot and troll armies (or advanced algorithms) to push disinformation narratives into the mainstream.So what might these zombie sites look like? Let’s consider a pair of domains: “micetimes.asia” and “robertwoodbrokers.com.” According to the Wayback Machine internet archive, micetimes started its life as far back as July 2014 as a Singapore-based business eNewspaper, where the ‘MICE’ in the URL stood for the industry of ‘Meeting,’ ‘Incentive,’ ‘Convention’, and ‘Exhibition.’ Micetimes in this form appears to have met an untimely death in late 2015, appeared briefly as a food blog in 2016, before reappearing in its current format in mid-2017. This time, the meaning of the acronym ‘MICE’ was discarded in favor of a logo of an actual mouse, with the site titling itself “The MiceTimes of Asia” claiming to offer “fresh and independent news and opinions from Singapore and Bangkok” with “widest news coverage and fastest delivery.” The offerings of the site stand in stark contrast to this self-description, however, instead offering a distinct mix of narratives – primarily stories featuring low quality, unintentionally comedic machine translations and articles that spark more questions than answers.Nearly every story on the site is supposedly written by a single (apparently prolific) author named “paradox” who the site claims wrote the over 140,000 articles appearing on micetimes since its 2017 “founding.” One common story type is ‘reporting’ under columns titled “INCREDIBLE” or “The incident,” which generally consist of clickbait of shocking or apocryphal tales, often including animals engaged in some level of dubious hijinks or attacking humans. Several stories tell of alleged elephant attacks on humans, including the tragic story of “Amorn Morakot (Morakot Amorn)” (paradox apparently isn’t sure which) whose elephant killed him and attempted to hide his body. Others tell of a Vancouver-based “celebrity raven” who allegedly stole a knife from a crime scene after having allegedly stole the F6 key from a police laptop. (Both the elephant and raven stories, as it turns out, are convoluted retellings of true stories.)While a few such stories might happen to have a mention of southeast Asia, the majority of stories deal with regions and topics the Kremlin might consider it’s “near abroad.” This includes a litany of alleged security incidents, often set in Eastern European nations with alarming headlines like “In Warsaw, a massive explosion” and including convoluted phrases like “it is noted that as a result of the incident, none of the engineers were not injured.” Still others have pushed anti-Western, Kremlin-friendly narratives on divisive issues like Gazprom’s Nord Stream 2 pipeline. On this topic, there are dozens of articles that appear to be machine translated from Russian, sometimes done so poorly that several words in the article appear to have failed software translation, instead appearing in the original Cyrillic. Others, like the articles with bellicose titles like ‘Superpower knocked his fist on the table relative to Nord Stream 2. The world shuddered,’ and ‘About gas, there are two news: good and bad…” include figures and images whose text are entirely in Russian.The story of robertwoodbrokers appears to follow a similar digital pathology as micetimes, only with an even longer period between death and zombification. In this case, Wayback Machine shows that the site originated in mid-2002, and was the web platform for “Robert Wood Brokers, Inc,” a real, US-based business whose site at the time claimed that it provided services for the “real estate needs of people living in and moving to and from the metro Atlanta area.” The website was either abandoned or moved to another domain in late 2007, before remaining dormant for over a decade according to Wayback Machine. Then in 2018, the site was reanimated, and titled “RWB News – News of the World” with a similar distribution of automatically translated stories ranging from clickbait, to pieces with pro-Kremlin narratives like that titled “Five Matters In Russia Are Far Better Than In the United States.”Both of these domains have come up near the top of web searches for a variety of European security topics, especially on energy and geopolitical issues involving Russia. There are many other domains that exhibit these similar traits: original text that has been apparently machine translated into the English language, no apparent human operator or reporter on the site, and appearing on domains that were created for entirely different purposes. Others appearing to exhibit these zombified characteristics include once legitimate web addresses for a Texas-based order of Catholic nuns, a German professional photography website, and Mumbai-based supplier of high-conductivity copper terminals. It’s unclear if these sites are in fact part of a coordinated network and who may be creating them to begin with, but their commonalities are striking, sometimes carrying identical articles across several of the domains.Also concerning: these sites have been picked up from time-to-time by legitimate news outlets, creating the potential for their false narratives to be laundered into the legitimate news stream. For example, Ukraine’s Kyiv Post has linked to a few micetimes articles that appear to carry fairly ordinary reporting on Ukrainian pop culture, like this 2017 repost on a creative break a Ukrainian band was planning to take that year. Social media monitoring platform CrowdTangle also shows how articles from these sites have been spread by legitimate accounts. This includes micetimes articles shared on facebook by the accounts of governments and organizations, including the Embassy of Finland in Singapore, the Slovenian Consulate in Southern Australia, and the Romanian-American Chamber of Commerce. While these were benign outcomes, where in each case the articles shared don’t appear to have been targeted disinformation pieces, the incident reveals the potential for broader impact should a disinformation narrative be accidentally amplified instead.It remains to be seen how zombie disinformation websites might be used in future information warfare scenarios, however the potential of using them in a coordinated action is troubling. Imagine if in an election season, instead of these sites sputtering out a wide mix of disparate stories in which they are only returned on certain keyword searches (as they are now), they instead were used as a swarm, all simultaneously pushing the same false story questioning, e.g., the legitimacy of an election. Given their ability to game search engine results, they might clog news search results for certain keywords with so many similar false stories that it at least temporarily creates mass confusion. The range of situations for which such an attack could be used by an array of malign actors across the globe is broad, and the impact could be significant. It is therefore vital that the zombie phenomenon is included in digital disinformation monitoring studies so that we can better prepare in case they are one day unleashed as a tool of a broader influence campaign. Until then – unless your Space Jam-aged site is still going strong, you might want to check that your old homepage has not become the next disinformation walking dead.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.