WARNING - GRAPHIC CONTENT: A woman has been captured on CCTV shooting herself in a hospital corridor after being told her boyfriend had died.
Illegal streaming sites pop up across Facebook, Reddit and Twitter in build-up to fight
Pep Guardiola conceded that he was close to being on the wrong end of one of the biggest shocks in FA Cup history after League Two Cheltenham Town took Manchester City to within nine minutes of an embarrassing exit before a comeback lead by Phil Foden. Guardiola acknowledged that the long throw-in of Cheltenham captain Ben Tozer, an outstanding performer on the night, was “more important than a corner or a free-kick” after it created a 59th minute goal for striker Alfie May that put the tie on a knife-edge. Foden, now City’s top goalscorer, and his side’s best player scored the equaliser on 89 minutes before goals from Gabriel Jesus and Ferran Torres earned City a fifth round tie away at Swansea City. “It could be a huge loss,” Guardiola said. He added: "We won the game and I’m incredibly happy. We know many teams are out. We knew we were not going to win by three or four although the chances we had at 0-0, if we had scored it would have been a completely different game. I said to Michael [Duff Cheltenham manager] they did really well and defended very well. May was exceptional.” On Tozer’s throw he said: “They are taller and better than us in this especially but we reacted so well. It’s not the first time a Premier League team suffered and they suffered well and we go through to play Swansea.” Cheltenham have suffered losses of £1 million this season according to chairman Andy Wilcox and the FA Cup run has ensured their survival. Duff praised an “incredible performance” from his players. “The last thing I said to them before was ‘Can you walk off the pitch with your shoulder back proud of yourselves?’ You can’t guarantee the result but it can happen that you jog around, not get near them and come off with someone’s shirt. But this time Pep and his players will know they have been involved in a match.”
Danielle Kang produced a battling display to hold on to a two-shot lead after a ferocious challenge from Jessica Korda in the third round of the LPGA Tournament of Champions on Saturday.
Royals: They're just like us. 😂
Belgium will receive less than half the number of COVID-19 vaccines it had expected from AstraZeneca in the first quarter, the country's vaccine taskforce said on Saturday. Belgium had been expecting 1.5 million doses of the vaccine, which has still to be approved, by March, but would instead get around 650,000 doses. Reuters reported on Friday that AstraZeneca had informed European Union officials it would cut deliveries of the vaccine by 60% to a total 31 million doses in the first quarter due to production problems.
Matildas captain Sam Kerr has been named Young Australian Achiever of the Year in the UK after a superb start to her WSL season at Chelsea.
Boeing has vowed to make flights using its planes more eco-friendly within the next decade: The aviation titan has announced its commitment to make sure its planes can fly on 100 percent sustainable fuels by 2030. It explained that making the shift to sustainable fuels is the “safest and most measurable solution to reduce aviation carbon emissions in the coming decades.” It’s also a necessary step to take for the industry to achieve its goal of slashing its carbon emissions by 2050.
The Russian expects his bitter rival to triumph on the Fight Island in Abu Dhabi tonight
Ex-Formula 1 racer Felipe Nasr landed pole in Action Express Racing’s Cadillac DPi-V.R for the Roar Before The 24 qualifying race tomorrow.
Pep Guardiola hailed Manchester City's attitude after their major FA Cup scare at Cheltenham.
Jay Cutler and Kristin Cavallari talk about "users" in a cryptic, shared Instagram post.
NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (“Covia”) (OTC: CVIAQ) (NYSE: CVIA) (NYSE: FMSA) between March 15, 2016 and June 29, 2020, inclusive (the "Class Period"), of the important February 8, 2021 lead plaintiff deadline in the first filed securities class action commenced by the firm. The lawsuit seeks to recover damages for Covia investors under the federal securities laws. To join the Covia class action, go to http://www.rosenlegal.com/cases-register-1993.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Covia’s proprietary “value-added” proppants were not necessarily more effective than ordinary sand; (2) Covia’s revenues, which were dependent on its proprietary “value-added” proppants, was based on misrepresentations; (3) when Covia insiders raised this issue, defendants did not take meaningful steps to rectify the issue; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1993.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.New York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) firstname.lastname@example.org@email@example.com
Bayern Munich's bid for a ninth straight league title has been boosted by losses for chasers RB Leipzig, 3-2 at Mainz, and Leverkusen, 1-0 at home to Wolfsburg.
More snakes will be slithering around Queensland homes this year, due to climate change and land clearing, but experts say humans have to live with them.
Carabao Cup semi-finalists Brentford will be looking to continue their FA Cup run when they host Leicester in the fourth round on Sunday. The Bees knocked out four Premier League teams in the lesser of the two domestic cup competitions before falling to Tottenham in the semi-final and will be hoping to claim a fifth top-flight scalp of the season. This season, both clubs have other priorities, with Brentford pushing for automatic promotion and Leicester well in the Premier League title race.
(Bloomberg) -- The high-yield bond market is wrapping up what’s likely to be the busiest January on record next week as investors continue to pour cash into risky assets as they hunt for higher returns.Sales stand just about $1.2 billion below the current January peak of $37 billion, which was set in the first month of 2020. Yields on CCC debt, the riskiest of junk bonds, hit an all-time low Thursday as investors have moved down in credit quality in search for returns. More than $13 billion of high-yield notes priced this week with debt rated in the CCC tier representing about a third of the volume.More energy companies are expected to tap the market to refinance or repay existing debt, with NGL Energy Partners expected to price their $2.05 billion five-year note offering Tuesday.U.S. leveraged loans are also on a hot streak, with private equity firms rushing to cut pricing on debt that funded buyouts and dividends just a few months ago. At least seven lender meetings are on deck, most of which are to finance acquisitions, including a $1.26 billion term loan for American Securities’ buyout of Foundation Building and $1.23 billion deal for an Ares Management Corp. consortium buyout of TricorBraun Inc.Meanwhile, commitments are due for at least a dozen deals next week, including Endure Digital’s LBO-backing term loan. Gannett Co. is also hitting the market with a $1.05 billion five-year loan to repay more expensive debt that was provided by Apollo Global Management in 2019 to finance New Media Investment Group Inc.’s acquisition of the newspaper publisher.More launches may pop up next week for repricing and more fund inflows are expected, with the loan price index inching closer to par.In the distressed space, the bankrupt parent of New York and Boston Sports Clubs has a hearing scheduled on Monday, as the struggling fitness chain seeks to exit Chapter 11 under new ownership.Bank SalesInvestors can expect $20 billion to $25 billion of investment-grade issuance next week, in line with this week, according to an informal poll of primary dealers. Issuers from the financial sector, including Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley, dominated the new issue market and more banks may bring new deals in the following days.“We continue to expect that banks could take advantage of tight spreads, and issue a high portion of their FY funding plans following first quarter earnings,” JPMorgan Chase & Co. credit analysts led by Eric Beinstein wrote in a note on Friday.January high-grade supply has now reached $100.3 billion, approaching the $115 billion projected for the month. Sales may exceed expectations as more companies exiting voluntary blackout periods next week may look to capitalize on low borrowing costs. Borrowers are still paying flat to minimal new issue concessions, though investors’ bids for new issues may be deteriorating.Corporate earnings kick off in earnest next week with industrial heavyweights including Apple Inc., Verizon Communications Inc., Boeing Co. and General Electric Co. becoming candidates to sell bonds.U.S. corporate investment-grade funds reported their fourth-biggest inflow ever with $8.3 billion added in the week ended Jan. 20, even as rising Treasury yields keep returns muted.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) -- Rates traders say there’s one message they want to hear most from Jerome Powell this coming week: reassurance that the Federal Reserve’s $120 billion of monthly bond purchases will continue unabated for the foreseeable future.The consensus is that the central bank’s Jan. 26-27 meeting won’t roil prices much, a view that’s reflected in muted rates-market volatility and a buildup of options positions that pay off as long as Treasury yields stay stable for the next few weeks. The risk, investors say, is that if Powell doesn’t commit forcefully enough to the status quo on bond-buying, by pushing back once again on speculation that discussions of tapering purchases may begin later this year, it may spark a selloff in longer-dated U.S. government debt.The stakes are only growing for investors, with yields already testing 10-month highs amid expectations for additional virus-relief aid and a brighter growth outlook. The week ahead also brings another record auction deluge, underscoring why the Fed’s buying is so crucial. Of course, in the back of investors’ minds is the specter of the 2013 taper tantrum, when former Chairman Ben Bernanke’s hint of an early paring of purchases jolted yields.“We are entering a phase where the market needs constant affirmation that the Fed is committed to not tapering,” said portfolio manager Scott Ruesterholz of Insight Investment, which oversees about $1.03 trillion. “That’s because of growing optimism on the fiscal side, which is raising the risks that the economy may rebound more quickly than expected.”Traders are looking to Powell after the European Central Bank kept its upsized bond-buying program unchanged this past week, while the Bank of Canada articulated an outlook for an eventual paring of its asset buying.Already, the market has turned jittery on early talk about possible tapering in the U.S. The 10-year yield reached 1.1855% on Jan. 12, the highest since March, after some regional Fed presidents indicated they’re open to paring bond purchases this year. The rate has since edged back lower after Powell sought to bat down the speculation by saying “now is not the time” to have that discussion.On Wednesday, “Powell is going to use his press conference to really hammer home that the center of the committee is quite committed to providing accommodation and that talks to remove accommodation are premature,” Ruesterholz said. In the unexpected scenario in which the chairman doesn’t push back on taper talk, he said, the 30-year rate could shoot toward 2%, from around 1.85% now, while the spread between the 2- and 30-year yields might steepen to an almost four-year high.Analysts see the Fed leaving policy rates unchanged near zero next week while making few, if any, major changes to its statement. The central bank is buying around $80 billion a month in Treasuries along with $40 billion in mortgage-backed securities. Policy makers are likely to forgo changes in their bond-buying program until 2022, when tapering of purchases may begin, according to economists surveyed by Bloomberg News.For now, expectations for stable rates in both short- and longer-maturity Treasuries can be seen in elevated demand for bets that benefit from limited volatility. This past week, one trader bet on 10-year yields remaining in a range from 1.08% to 1.14% until mid-February. The wager would pay around $14 million. Meanwhile, similar short-volatility structures have emerged in eurodollar options targeting a Fed hike around mid-2024, implying policy makers will remain sidelined for the next three years.Insight Investment sees the Fed’s presence in the bond market as “structurally containing yields,” so a rise in market rates due to either growing optimism on the economy or a “miscommunication” by Powell on Wednesday should be seen as a buying opportunity, Ruesterholz said.“We have been using the back-up in yields to add duration and buying into the selloff over the past month,” he said.WHAT TO WATCHEconomic calendar:Jan. 25: Chicago Fed national activity index; Dallas Fed manufacturing activityJan. 26: FHFA house price index; S&P CoreLogic housing data; Conference Board consumer confidence; Richmond Fed manufacturing indexJan. 27: MBA mortgage applications; durable and capital goods ordersJan. 28: Advance goods trade balance; wholesale and retail inventories; GDP; weekly jobless claims; personal consumption; core PCE; Bloomberg consumer comfort; leading index; new home sales; Kansas City Fed manufacturing indexJan. 29: Personal income and spending; employment cost index; PCE deflator; MNI Chicago PMI; pending home sales; University of Michigan sentimentFed calendar:Jan. 27: FOMC decisionJan. 29: Dallas Fed’s Robert KaplanAuction schedule:Jan. 25: 13-, 26-week bills; $60 billion of 2-year notesJan. 26: 42-, 119-day cash-management bills; 52-week bills; $61 billion of 5-year notesJan. 27: 2-year floating-rate notesJan. 28: 4-, 8-week bills; $62 billion of 7-year notesFor 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) -- Hedge funds have fallen back in love with technology giants after spending the final months of last year cutting back on these stocks.Just days before earnings land from the likes of Apple Inc. and Amazon.com Inc., professional investors turned more upbeat the industry. On Tuesday, the cohort made its largest net buying in a month, according to data compiled by Goldman Sachs Group Inc.’s prime brokerage. As a result, their net exposure in tech megacaps jumped at one of the fastest paces in recent years.Their renewed interest reflects confidence in the earnings power of a group whose resilience has been underlined during the Covid-19 pandemic. The big five -- Facebook Inc., Apple, Amazon, Microsoft Corp. and Google’s parent Alphabet Inc. -- are expected to report faster profit growth than the rest of the market for a 12th straight quarter, analyst estimates compiled by Bloomberg Intelligence show.“Just because we’re coming out of a Covid-related economic freeze, that doesn’t mean the trend of digitization, software, automation is going away,” said Giorgio Caputo, senior fund manager at J O Hambro Capital Management. “Many of those larger-cap software and internet companies are very well positioned -- advertising is continuing to move online, firms continue to move to the cloud.”Hedge funds tracked by Goldman Sachs have boosted exposure to tech megacaps, with their long/short ratio in the group climbing to 20.5% from a low of 14% reached earlier this month. While the tilt trails peak levels seen last year, it flies in the face of the more widely held notion that the tech giants won’t be able to sustain their robust gains as the recovery broadens out.Those turning more cautious on tech include Sean Darby of Jefferies and Savita Subramanian at Bank of America Corp. In a survey this month, the bank’s money managers said they’ve reduced tech allocation to a two-year low while pouring money into banks, small-caps and energy shares -- companies seen benefiting the most from an economic rebound.To Gene Goldman, chief investment officer at Cetera Financial Group, the latest rush by hedge funds in tech buying is likely a tactical move to brace for positive earnings surprises in coming weeks. Viewed from a wider lens, he said, these behemoths face two major headwinds: potentially higher interest rates that hurt richly valued stocks and intensified government regulations.“There’s near-term optimism, almost like a last hurrah,” he said, adding that it comes “before rising rates and any of the concerns around big tech with a Democratic government slows it down.”A rotation away from the stay-at-home trade makes sense amid the progress in vaccines and government aids. Profits for industries from energy to industrials are forecast to snap back this year, delivering the faster expansions in the S&P 500.But Netflix Inc.’s 17% rally Wednesday on blowout results is a reminder of the risk of exiting too early. The tech-heavy Nasdaq 100 Index just posted one of its best weeks relative to small caps in recent months, with a 4.4% rally -- twice the Russell 2000’s gain.While tech earnings are expected to trail the market this year and next, it’s a testament to how well they did during 2020’s recession. For example, growth in the big five tech companies’ combined profits is likely to lag starting next quarter. Still, at an estimated $224 billion, their 2021 profits will be 31% above what they earned in 2019, the year before the pandemic hit -- four times the growth for other companies in the S&P 500 during that span.Even this bout of subpar expansion is likely to be short-lived. Going by analyst estimates, the tech giants will get their edge back early next year.“The Amazons of the world, the need for digital connection and digital communication, that’s not going away even as the economy improves,” said Nela Richardson, chief economist at ADP. “There’s a growing recognition that tech’s dominance continues to persist.”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) -- U.S. Federal Reserve officials will meet this week for the first time since Democrats took control of the Senate earlier this month, which has raised the odds of new President Joe Biden and his congressional allies passing a big pandemic relief package.At the conclusion of the central bank’s two-day policy meeting on Wednesday, Fed Chair Jerome Powell will give the public a sense of how he and his colleagues evaluate the impact of the fiscal shift on the economic outlook amid rising Treasury yields and a stock market pushing to new record highs.With yields on 10-year Treasury notes above 1% for the first time since the pandemic struck, investors are increasingly speculating that more government spending to aid the economy will allow the Fed to begin tapering its massive bond-buying program as soon as the end of the year. That’s in spite of Powell’s recent insistence that “now is not the time to be talking about exit.”The government’s first look at official data on fourth-quarter gross domestic product, set to be published Thursday, will show what policy makers are working with. After a record 33.4% annualized pace of growth in the third quarter, the economy likely downshifted significantly. Forecasters surveyed by Bloomberg project a 4.2% pace of expansion in the final three months of the year.Consumer spending, which accounts for about two thirds of GDP, is seen to have slowed to just over 2% growth -- after a third-quarter annualized surge of 41% -- amid a lack of further government relief and resurgent coronavirus outbreaks toward the end of last year.What Bloomberg Economics Says:“Monetary policy makers should acknowledge a slight improvement in the broader outlook when the FOMC convenes for its first meeting of the year. But the Fed’s measured optimism will intentionally fall far short of any hint that a shift in the policy stance will be considered anytime soon, consistent with Powell’s recent assertion that now is not the time to talk about the policy exit.”\--Carl Riccadonna, Yelena Shulyatyeva, Andrew Husby and Eliza Winger. For full note, click hereElsewhere in the global economy, the International Monetary Fund will this week update its economic outlook, and a slew of policy makers speak at the World Economic Forum’s virtual Davos Agenda conference. Central bankers in Nigeria, Colombia and Kazakhstan also hold meetings.Click here for what happened last week and below is our wrap of what is coming up in the global economy.Europe, Middle East, AfricaData from France and Spain will likely confirm their economies ended 2020 with another contraction. Germany, which will also publish GDP data, probably escaped that fate, but only just. The European Central Bank expects the euro zone’s economy to shrink in the fourth quarter, putting the region on the verge of its second recession in a year.Top central bank officials will attend the virtual meetings of the WEF, including ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. Hungary’s central bank also hosts a high-profile annual conference, with speakers including Chinese Governor Yi Gang and ECB Chief Economist Philip Lane.Poland, eastern Europe’s biggest economy, will publish full-year GDP figures. Elsewhere in the region, an IMF mission is expected to complete a review of Ukrainian economic policies. That may show what measures the government must implement before a staff-level agreement can be reached.Nigeria’s central bank will likely hold its key interest rate on Tuesday as it confronts inflation at a three-year high. Officials may discuss ways to incentivize lenders to give out more credit to boost the economy. Monetary institutions in Kenya, Mozambique and Angola will probably also keep their benchmarks unchanged after decisions this week.For more, read Bloomberg Economics’ full Week Ahead for EMEAAsiaSouth Korea releases GDP figures on Tuesday that are expected to show the economy escaping much of the scarring that has hit other countries during the pandemic.The Philippines hasn’t fared so well -- data Thursday is set to show a 9% contraction in 2020 according to Bloomberg estimates.Hong Kong and Taiwan release GDP data on Friday. Meanwhile in Japan, a clutch of data at the end of the week will show how the economy was holding up before it entered its renewed state of emergency.For more, read Bloomberg Economics’ full Week Ahead for AsiaLatin AmericaThe minutes of the Brazilian central bank’s Jan. 19-20 meeting posted Tuesday are keenly anticipated after policy makers kept the key rate unchanged and removed forward guidance, stoking speculation that policy tightening is soon to come. Data out of Latin America’s largest economy this week also include multiple inflation readings, the current account, unemployment, government debt and budget balances.On Monday and Tuesday, Mexico posts economic activity and retail sales for November with the preliminary report on fourth-quarter output due Friday. The recovery from the deepest recession since the 1930s has been uneven and is losing some momentum heading into 2021.The central banks of Chile and Colombia meet Wednesday and Friday respectively: both have no place to go but up with their key rates at record lows, yet are in no hurry to raise amid halting recoveries.For more, read Bloomberg Economics’ full Week Ahead for Latin AmericaFor 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.