Jay Soled, Rutgers School of Business Professor and Rutgers Masters in Taxation Program Director joins the Yahoo Finance Live panel to discuss estate taxes and the impact of the Tax Cuts and Jobs Act of 2017 to estate taxes.
Jay Soled, Rutgers School of Business Professor and Rutgers Masters in Taxation Program Director joins the Yahoo Finance Live panel to discuss estate taxes and the impact of the Tax Cuts and Jobs Act of 2017 to estate taxes.
Amazon has signed a multi-year deal with the Women's National Basketball Association that will see it stream games live on Prime Video.
The "Quality and GMP Compliance for Virtual Companies (Pharmaceutical and Biologics Industries)" conference has been added to ResearchAndMarkets.com's offering.
Dublin, May 13, 2021 (GLOBE NEWSWIRE) -- The "Naloxone Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering. The global naloxone market held US$ 3,359.5 Mn in 2020 and expected to grow at compound annual growth rate (CAGR) of 9.7% during the forecast period from 2021 to 2029. Naloxone is an opioid antagonist designed to rapidly reverse opioid overdose. Naloxone is able to restore normal respiration of a person whose breathing has stopped or slowed down due to opioid or heroin overdose. Currently, opioid abuse is one of the foremost cause of drug overdose and leading cause of death globally. However, it is more common in North America and Europe. The problem is paramount in the United States, where the mortality due to opioid overdose surged by 21% in 2016. The opioid crises in the U.S. is has reached epidemic phase, causing serious healthcare costs and losses to resources. The excessive need for better treatment and people suffering from opioid dependence is resulting in the growth in naloxone market in the United States. Opioid dependence is a serious concern globally, with more than 25 million people affected. The problem exists in both developed as well as developing countries, but is greatest in the Unites States. Heroin is the most abused opioid in the world apart from U.S. where opioid prescription painkillers are the largely consumed leading to dependency and overdose. All these factors act as a drivers of the global naloxone market. However, overall the price of Naloxone is rising and acting as a barrier to reduce the number of deaths caused due to opioid overdose. In the United States the effect of sky rocketing prices is being reduced with supportive insurance plans and free sale of Naloxone through community based organizations or public health programs.Rising Awareness Related to Opioid Overdose and its Effective Treatment in Developed as well as Developing CountriesGovernment and non-government agencies across the developed and developing countries are introducing awareness campaigns to educate people about the overdose of Naloxone and treatment options. For example, Good Samaritan laws is established in the 40 states in the U.S. providing protection for people reporting overdoses in good faith. The scope of offenses are protected by immunity provision that differ state wise.North America Dominated the Global Naloxone MarketIn 2020, North America held the largest share in the global naloxone market owing wide presence of pharmaceutical giants, huge manufacturing base and favorable government initiative to curb opioid overdose crises in the region. U.S. is the leading market for Naloxone due to sharp increase in the prescription painkillers resulting in the over 10 million high-risk opioid users in the U.S. It is estimated that half this population have developed dependence and only 16% are undergoing treatment. Increasing government campaigns regarding knowledge and awareness of opioid dependence and risks have further driven the market for naloxone. Efficient reimbursement scenario and subsidized rate of the medication due to The Affordable Care Act has led to the heightened demand for naloxone. Europe emerged as the fastest growing region due to growing cases of opioid dependence, awareness and greater access to treatment.Historical & Forecast PeriodMarket is studied in order to understand the current dynamics and future trends in the global naloxone market. The study includes market size and forecast for all considered segments presented in the report for the period from 2021 to 2029, along with respective compound annual growth rate (CAGRs) for the forecast period from 2021 to 2029, considering 2017 as the base year. The key players currently engaged in naloxone market include Hospira (Pfizer, Inc.), Mylan N.V., Kaleo, Inc., Amphastar Pharmaceuticals, Inc., Adapt Pharma, Inc., Mundipharma International Limited among others.The market players are engaged in receiving marketing authorization in North America and Europe owing greater target population.In 2020, Mylan N.V. launched naloxone hydrochloride injection in the U.S.; while Mundipharma received European Medicines Approval (EMA) for intranasal naloxone in 2017.Number of generic manufacturers are operating in the market and account for a significant share in the naloxone market. Key Topics Covered: Chapter 1. PrefaceChapter 2. Executive Summary2.1. Global Naloxone Market PortraitureChapter 3. Global Naloxone: Market Dynamics and Outlook3.1. Overview3.2. Drivers3.3. Challenges3.4. Opportunities3.5. Attractive Investment Proposition, by Geography, 20203.6. Competitive LandscapeChapter 4. Global Naloxone Market, by Formulation, 2019 - 2029 (US$ Mn)4.1. Overview4.2. Parenteral4.2.1. Evzio4.2.2. Generic Drugs4.3. Intranasal4.3.1. NARCAN4.4. Sublingual4.4.1. Zubsolv4.4.2. Suboxone4.4.3. Generic DrugsChapter 5. Global Naloxone Market, by Dosage, 2019 - 2029 (US$ Mn)5.1. Overview5.2. 4mg/0.1 ml5.3. 2mg/0.1 ml5.4. 0.4 mg/0.4 ml5.5. 2mg/0.4 ml5.6. Others (1mg/ml, 0.4 mg/ml, 4mg/10ml)Chapter 6. Global Naloxone Market, by Sales Channel, 2019 - 2029 (US$ Mn)6.1. Overview6.2. Hospitals Pharmacy6.3. Outpatient Retail Pharmacy6.4. Online Pharmacy6.5. WholesalerChapter 7. Global Naloxone Market, by Geography, 2019 - 2029 (US$ Mn)7.1. OverviewChapter 8. Profiles8.1. Mylan N.V.8.2. Indivior Plc.8.3. Sandoz (Novartis AG)8.4. Adapt Pharma, Inc.8.5. Amphastar Pharmaceuticals, Inc.8.6. INSYS Therapeutics, Inc.8.7. Mundipharma International Limited8.8. Kaleo, Inc.8.9. Orexo AB8.10. Kern Pharma, S.L.8.11. Hospira (Pfizer, Inc.)8.12. UCB Pharma For more information about this report visit https://www.researchandmarkets.com/r/uud69i CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Liverpool aren’t making big transfer moves, according to Klopp
This year's celebrations come as Pakistan struggles to contain a third wave of coronavirus infections. The government has imposed a partial lockdown from May 8 to May 16 in which most businesses, except for essential services such as grocery stores and pharmacies, are to remain closed.Despite government advisories for citizens to maintain social distancing and avoid large gatherings, hundreds of worshippers, many without masks, were seen attending prayers outside a mosque in Karachi. Worshippers said they prayed for an end to the coronavirus pandemic.Pakistan has seen a daily death toll of more than 100 in recent weeks. The county's health ministry reported 3265 COVID-19 cases and 126 deaths on Wednesday (May 12).
Dublin, May 13, 2021 (GLOBE NEWSWIRE) -- The "Leisure Boat Market Size, Share & Trends Analysis Report by Type, by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering. The global leisure boat market size is expected to reach USD 57.92 billion by 2028, expanding at a CAGR of 4.5% from 2021 to 2028 The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to bring the market back on track. Besides, the growing urge among masses to involve in leisure activities in the post-lockdown period further presents bright opportunities for the market over the forecast period.The tourism industry has changed drastically over the last few years with the increasing popularity of marine and coastal tourism activities. The world economy is witnessing healthy growth and markets, such as the U.S., are witnessing growth in the per-capita income of the individuals, which, in turn, has resulted in a rise in the disposable income of consumers. A rise in the number of High-Net-Worth Individuals (HNWIs) is expected to drive consumers to spend more on leisure activities, thus boosting demand for recreational boats.The increasing number of boat shows and water sporting events are attracting a large number of boaters worldwide. The leading manufacturers are sponsoring boat shows and events, which, in turn, is enhancing the popularity of leisure boats. North America is poised to remain the most prominent region in terms of revenue generation during the forecast period. The rising demand for recreational watercraft is driven by factors such as improving economic conditions and the rising disposable income of consumers in the region. The U.S. is anticipated to witness significant growth over the forecast period. Demand in the country is majorly driven by factors such as the increasing number of high-net-worth individuals and the growing popularity of water sports and fishing activities.Furthermore, there are changes taking place in boat building, such as the adoption of IoT technology that enables appliances, physical structures, vehicles, smartphones, wearable devices, and heavy equipment to be connected, while facilitating an exchange of information through a single network. The connected boat provides enhanced safety, security, and accuracy, while also improving the efficiency of the boat by digitalizing and optimizing various functions.Measures taken by various governments to promote tourism activities in their countries are also boosting the market growth. Countries with rich natural resources, such as vast coastlines and large inland water bodies, are undertaking initiatives to promote recreational boating activities to increase their tourism business. Countries such as the U.S. have a vast coastline, a highly developed infrastructure, and a large population that participates in leisure boating activities, thus opening new growth opportunities for the market. Additionally, the French government is encouraging yacht manufacturers by providing them support in various forms, thus enabling them to invest in expanding their yacht maintenance and construction capacities.Leisure Boat Market Report Highlights Leisure boats are projected to witness a strong growth in demand owing to the initiatives taken by the governments worldwide for the development of coastal and marine tourism and the rising disposable income of citizens in emerging economies.Sports yachts are expected to witness greater demand in developed countries owing to the active participation of people in marine sporting events as well as recreational boating activities.Boat manufacturers are increasingly organizing boat shows worldwide to attract a greater number of potential buyers, and thereby expand their customer base.By type, the used leisure boat segment held the largest revenue share of over 76.0% in 2020 owing to the prompt and easy availability and relatively lower cost.North America held the largest revenue share of more than 45.5% in 2020 owing to the greater demand for recreational activities across the region, especially in the U.S..Key players in the market include Avon Marine; Azimut Benetti Group; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Ferretti S.P.A.; and Fountain Powerboats, Inc.. Key Topics Covered: Chapter 1. Methodology and ScopeChapter 2. Executive SummaryChapter 3. Market Variable, Trends & Scope3.1. Market Lineage Outlook3.1.1. Parent Market Outlook3.1.2. Related/ Ancillary Market Outlook3.2. Leisure Boat Market Dynamics3.2.1. Market Driver Analysis3.2.2. Market Restraint Analysis3.2.3. Market Opportunity Analysis3.3. Penetration & Growth Prospect Mapping3.4. Leisure Boat Market Industry Analysis - Value Chain3.5. Leisure Boat Market Industry Analysis - Porter's3.6. Leisure Boat Market Industry Analysis - PESTChapter 4. Leisure Boat Market: Type Outlook4.1. Leisure Boat Market: Type Analysis4.1.1. New Leisure Boat188.8.131.52. Motorized184.108.40.206.1. Personal Watercraft220.127.116.11.2. Outboard Boats18.104.22.168.3. Yacht22.214.171.124.3.1. Yacht Type126.96.36.199.3.1.1. Super Yacht188.8.131.52.3.1.2. Flybridge Yacht184.108.40.206.3.1.3. Sport Yacht220.127.116.11.3.1.4. Long Range Yacht18.104.22.168.3.1.5. Others22.214.171.124.3.2. Yacht Length126.96.36.199.3.2.1. Up to 20ft.188.8.131.52.3.2.2. 20 to 50 ft.184.108.40.206.3.2.3. Above 50 ft.220.127.116.11.4. Others18.104.22.168. Non-Motorized22.214.171.124.1. Kayaks126.96.36.199.2. Canoes188.8.131.52.3. Others4.1.2. Used Leisure Boat184.108.40.206. Motorized220.127.116.11.1. Personal Watercraft18.104.22.168.2. Outboard Boats22.214.171.124.3. Yacht126.96.36.199.3.1. Yacht Type188.8.131.52.3.1.1. Super Yacht184.108.40.206.3.1.2. Flybridge Yacht220.127.116.11.3.1.3. Sport Yacht18.104.22.168.3.1.4. Long Range Yacht22.214.171.124.3.1.5. Others126.96.36.199.3.2. Yacht Length188.8.131.52.3.2.1. Up to 20ft.184.108.40.206.3.2.2. 20 to 50 ft.220.127.116.11.3.2.3. Above 50 ft.18.104.22.168.4. Others22.214.171.124. Non-Motorized126.96.36.199.1. Kayaks188.8.131.52.2. Canoes184.108.40.206.3. Others4.1.3. Monitoring Equipment220.127.116.11. Boat and Yacht Monitoring Solutions18.104.22.168. IoT Sensors22.214.171.124.1. Water Detection Sensors126.96.36.199.2. Voltage Meters188.8.131.52.3. Temperature and Motion Sensors184.108.40.206.4. Others220.127.116.11. Telematics Solutions18.104.22.168. OthersChapter 5. Leisure Boat Market: Regional Outlook5.1. Leisure Boat Market Share By Region, 2020 & 20285.2. North America5.2.1. U.S.5.2.2. Canada5.2.3. Mexico5.3. Europe5.3.1. U.K.5.3.2. Germany5.3.3. France5.3.4. Italy5.3.5. Sweden5.3.6. Spain5.4. Asia Pacific5.4.1. China5.4.2. India5.4.3. Japan5.4.4. Singapore5.4.5. South Korea5.5. South America5.5.1. Brazil5.6. Middle East & AfricaChapter 6. Competitive Analysis6.1. Recent Developments & Impact Analysis, by Key Market Participants6.2. Company/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players)6.3. Vendor Landscape6.3.1. Key Company Analysis, 20196.4. Company Analysis6.4.1. Company Market Position Analysis6.4.2. Competitive Dashboard AnalysisChapter 7. Competitive Landscape7.1. Company overview7.2. Financial Performance7.3. Product benchmarking7.4. Recent developments Avon MarineAzimut Benetti GroupBaja MarineBavaria Yachtbau GmbHBombardier Recreational Products (BRP) Inc.Brunswick CorporationChaparral Boats, Inc.Farr Yacht Design, LtdFerretti S.P.A.Fountain Powerboats, Inc. For more information about this report visit https://www.researchandmarkets.com/r/iklmf7 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Perfect presents for the special man in your life
He’s the beating heart of the show that brought the UK together like no other before or since. Martin Compston talks to Hamish MacBain
AFC Wimbledon are hoping to sell 500 25-year season tickets to help pay off a bridging loan they took out to return to Plough Lane. The new season tickets, which went on sale on Thursday, cost around £10,000 each and the money raised will predominately be used to pay off a £4.1million bridging loan the Dons took out from external lender MSP Capital to guarantee their new stadium would be completed. The club are aiming to sell 500 of the season tickets, as that would allow the loan to be repaid in full, but even 200 sales would pay off a large chunk of the £4m owed.
Paris has ‘made a link’ between fishing rights and the financial sector, says official
(Bloomberg) -- The International Olympic Committee is inaugurating its first Olympic Virtual Series today, kicking off more than a month of competitive play across video-game simulations of baseball, rowing, sailing, cycling and motorsport.This embrace of esports may prove the IOC’s least controversial move this year as the organization prepares to stage the delayed 2020 Olympics under a cloud of doubt about its safety with the Covid-19 pandemic. It lets the organizers promote the summer games without risking the health of athletes, and builds on several key objectives of their recently adopted Olympic Agenda, including an explicit urging to “further engage with video gaming communities.”Among those groups, esports are an established billion-dollar genre with an audience approaching half a billion people in 2021, according to Newzoo estimates. Amazon.com Inc.’s Twitch serves millions of daily viewers an endless diet of live-streamed gaming, both competitive and casual, and Valve Corp.’s Dota 2 hosts an annual championship with a fan-funded prize pool that will exceed $40 million this year. They represent precisely the young and enthusiastic audience that the IOC wants to court and its Virtual Series is an attempt to reach out.“It is the first small step into a bigger strategic path,” said Thomas Bjørn-Lüthi, an e-sailing expert and commentator, adding that “sport simulators are going to be a bigger part of some athletes’ training methods in the future.”At the highest tiers of professional gaming, the required training, concentration, quickness and endurance are not far from the demands put on competitive athletes. But the IOC is not yet ready to fully dive into the fantasy worlds of games such as Dota and League of Legends, where werewolves, mages and other mythical creatures do grand battles. It’s focusing on the middle ground of more realistic virtual sports simulations.“The OVS creates a stage to connect the physical sporting world with the virtual,” the organizers said in their announcement. Each event will be staged “in a format that maximises online mass participation and prioritises inclusivity and participation,” with players able to join in from home, they added.The need for virtual recreations of real-world sports has never been more pressing, with Olympics host city Tokyo currently under a state of emergency to arrest the spread of the coronavirus. Local polls show more than half of those surveyed would rather have the Olympics be canceled entirely, while a petition to that effect has attracted in excess of 330,000 signatures. The U.S. national track & field team canceled its planned training camp in Japan’s Chiba prefecture due to safety concerns.Read more: Calls to Cancel Tokyo Olympics Grow Louder as Emergency ExtendedArguments in support of canceling the games include the uneven access to training and preparation among international athletes, owing to disparities in how well each country has dealt with the pandemic. There’s also the need to dedicate medical staff to the event, which Tokyo can better deploy in battling the pandemic. Experts fear that inadequate infection measures could lead to a superspreader event, with more than 60,000 athletes and others expected to gather for the games.The attraction of the OVS is that it sidesteps those issues by giving competitors a safe and equitable playing field that adheres much more closely to the Olympic credo of expanding access and involvement.“The e-sailing community is growing due to the tailwind of Covid-19,” said Natsuki Matsuura, a 39-year-old sailor who found himself addicted to the virtual version after his company’s yacht club shut down due to the virus. He will take part in OVS and believes the wider exposure it affords to his pastime will help bring in more players.A Konami Holdings Corp. baseball game and Polyphony Digital’s celebrated Gran Turismo will provide the arenas for their respective virtual sports. They’re most likely to draw in a crowd of new viewers, even if there are no Olympic medals at stake just yet.The IOC has said that it hopes to expand the OVS as a satellite operation for Paris 2024 and beyond. This year’s OVS runs from Thursday until June 23. The Olympics kick off a month after that, on July 23.(Updates with U.S. national team cancellation in seventh 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.
WisdomTree Issuer plc – Daily Fund Prices 12-May-21 WisdomTree Artificial Intelligence UCITS ETF - USD Acc12/05/2021IE00BDVPNG137420541USD408,742,560.6655.0826WisdomTree AT1 CoCo Bond UCITS ETF – USD12/05/2021IE00BZ0XVF52504195USD53,291,660.45105.6965WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged12/05/2021IE00BFNNN236334036EUR34,994,125.20104.7615WisdomTree AT1 CoCo Bond UCITS ETF – GBP Hedged12/05/2021IE00BFNNN45934640GBP3,682,932.83106.3202WisdomTree AT1 CoCo Bond UCITS ETF – USD Acc12/05/2021IE00BZ0XVG6954967USD6,737,595.55122.5753WisdomTree AT1 CoCo Bond UCITS ETF – USD Hedged12/05/2021IE00BFNNN01257006USD6,368,199.27111.711WisdomTree Battery Solutions UCITS ETF - USD Acc12/05/2021IE00BKLF1R758578534USD383,497,377.5844.7043WisdomTree Cloud Computing UCITS ETF - USD Acc12/05/2021IE00BJGWQN7213338000USD592,965,131.0244.4568WisdomTree Cybersecurity UCITS ETF - USD Acc12/05/2021IE00BLPK3577650000USD13,360,442.6020.5545WisdomTree Emerging Markets Equity Income UCITS ETF12/05/2021IE00BQQ3Q0672637109USD41,780,608.4415.8433WisdomTree Emerging Markets Equity Income UCITS ETF Acc12/05/2021IE00BDF12W4990558USD2,039,634.3822.523WisdomTree Emerging Markets Small Cap Dividend UCITS ETF12/05/2021IE00BQZJBM261630000USD32,168,165.6219.7351WisdomTree Enhanced Commodity UCITS ETF – CHF Hedged Acc12/05/2021IE00BG88WL21210000CHF2,527,513.2712.0358WisdomTree Enhanced Commodity UCITS ETF – EUR Hedged Acc12/05/2021IE00BG88WG772875000EUR32,324,386.7811.2433WisdomTree Enhanced Commodity UCITS ETF – GBP Hedged Acc12/05/2021IE00BG88WH841425000GBP16,362,057.9511.4821WisdomTree Enhanced Commodity UCITS ETF - 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GBP Hedged12/05/2021IE00BYQCZQ89131454GBP1,642,373.7112.4939WisdomTree Europe Equity UCITS ETF - USD Hedged12/05/2021IE00BVXBH1631135423USD23,535,001.9520.728WisdomTree Europe Equity UCITS ETF - USD Hedged Acc12/05/2021IE00BYQCZP721988673USD48,607,009.8824.4419WisdomTree Europe Small Cap Dividend UCITS ETF12/05/2021IE00BQZJC5271702464EUR32,959,887.1119.3601WisdomTree Europe Small Cap Dividend UCITS ETF Acc12/05/2021IE00BDF16114253334EUR4,541,723.3217.9278WisdomTree European Union Bond UCITS ETF - EUR Acc12/05/2021IE00BMXWRM76165000EUR15,680,901.3495.0358WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR12/05/2021IE00BZ56SY76507208EUR9,858,641.2019.4371WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR Acc12/05/2021IE00BZ56TQ67713997EUR15,880,919.2122.2423WisdomTree Global Quality Dividend Growth UCITS ETF - USD12/05/2021IE00BZ56RN96339521USD10,015,311.5029.4984WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc12/05/2021IE00BZ56SW522096870USD67,181,600.1532.039WisdomTree Japan Equity UCITS ETF - 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(Bloomberg) -- Alphawave IP Group Plc sank as much as 20% after its initial public offering in London, after investors deemed its valuation too high during a global selloff in tech stocks.The U.S. Nasdaq 100 benchmark is set for its worst weekly drop since October, with investors exiting tech stocks on concerns that inflation and possible higher interest rates will eat into future profits.Despite a key time for the global semiconductor industry, which is facing major chip shortages, Alphawave’s share slump is the latest disappointment for the U.K., whose lobbying efforts to get more tech companies to list in London has had a mixed record this year.The Canadian company, which makes technology to improve semiconductor power efficiency and speed, said it preferred London as a venue because of its record of listing large semiconductor companies, such as Arm Group and Imagination Technologies Group Plc.The share dip is similar to declines from food-delivery app Deliveroo Plc, which also debuted during a poor week for technology stocks in March and hasn’t yet recovered.Read More: Deliveroo CEO Pins Weak IPO on Volatility, Archegos Fallout Alphawave raised 856 million pounds ($1.2 billion) on the London Stock Exchange on Thursday, after pricing shares at the upper half of the marketed range, valuing the company at 3.1 billion pounds.“It is a good company, growing fast and in an interesting area, but priced too high,” said Gavin Launder, a fund manager at Legal & General Investment Management who decided against participating in the IPO on valuation grounds. “I didn’t think it would fall that sharply, but it has launched into a market where tech stocks are under pressure.”Launder compared the performance to cybersecurity company Darktrace Plc, which surged in trading last month after cutting its valuation by about half in the run up to its IPO.Representatives for Alphawave didn’t immediately respond to a request for comment.“With IPOs, timing is everything and Alphawave launches onto the market on a tide of demand for semiconductors, with shortages of chips disrupting production of cars and electronic goods across the world,” Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown Plc, wrote in a note.Alphawave shares fell 16% to 345.80 pence as of 9:21 a.m. in London on Thursday, down from the IPO price of 410 pence a share. The shares earlier fell as low as 328.15 pence.The company raised 360 million pounds from the IPO, while existing shareholders accounted for the rest, according to a statement Thursday. If there’s sufficient demand, underwriters may place as many as 31.3 million additional shares.Barclays Plc and JPMorgan Chase & Co. are joint global coordinators, while BMO Capital Markets is joint bookrunner.(Updates with context, fund manager comment from third 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 discovery of 71 corpses in Bihar state stoked fears that the virus was raging unseen in India's vast rural hinterland.
The tech you need to return to office life
(Bloomberg) -- Asian stocks slumped, with the regional benchmark on track to enter a technical correction, as mounting worries over inflation and a resurgence in Covid-19 cases soured investor sentiment.The MSCI Asia Pacific Index slumped as much as 1.5%, taking losses from a Feb. 17 peak to 10%, and wiping out all its gains for the year. Asian equities tracked losses in American shares after data on Wednesday showed U.S. consumer prices climbed in April by the most since 2009.“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.”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.Losses in Asian stocks deepened after European equities opened weaker on Thursday. Futures on the S&P 500 index also dropped, erasing an earlier gain. The Asian benchmark has sharply underperformed its peers in the U.S. and Europe in 2021 after leading global equity gains last year. The S&P 500 Index and the Stoxx 600 Index are both up about 8% so far this year.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-19For 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.
Murray, currently ranked 123rd in the world, is preparing to take part in qualifying for the second Grand Slam of the year from May 24 but tournament director Guy Forget said he was deserving of a place in the main draw. It is a discussion we have to have with him and our team.
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‘We’re sure Her Majesty has greater concerns than motor vehicle traffic in The Villages, Florida’, said Rep. Matt Gaetz