The Project Host questions former AFL star about racism claims. Source: Network Ten
The Project Host questions former AFL star about racism claims. Source: Network Ten
Ronald Acuna hit a homer for a father and son from Guatemala, and Freddie Freeman shocked a young Phillies fan with a signed ball.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 8, 2021 to file lead plaintiff applications in a securities class action lawsuit against Amdocs Limited (NasdaqGS: DOX), if they purchased the Company’s shares between December 13, 2016 and March 30, 2021, inclusive (the "Class Period"). This action is pending in the United States District Court for the Central District of California.
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten scrutiny of IPO applicants after the halting of Ant Group's $37 billion float. Over 100 companies have voluntarily withdrawn applications to list on Shanghai's STAR Market and Shenzhen's ChiNext since Ant's termination of its initial public offering (IPO) in November, according to Reuters review of exchange filings. The unprecedented withdrawals come against the backdrop of sharply intensified grilling of listing prospects by regulators, leading to IPO delays, outright rejection or even penalties, say bankers and company executives.
(Bloomberg) -- Career banker Guillermo Lasso took a lead over socialist economist Andres Arauz in a partial vote count in Ecuador’s presidential election. Lasso had 52.9% of votes, while Arauz had 47.1%, with 16% of ballots tallied.The two contenders in the runoff vote offer starkly different policies to confront the economic crisis. The result will also determine whether the country remains a U.S. ally with an IMF program, or revives its friendship with Venezuela and Cuba.Lasso, 65, says he’ll attract foreign investors and create jobs via policies that help the private sector. Arauz, 36, has pledged to pay a million poor families $1,000 each, with money taken out of the central bank’s reserves.Arauz is a protege of former President Rafael Correa, who shut the U.S. military’s base in the country and forged an alliance with then-Venezuelan leader Hugo Chavez.Polls closed at 5 p.m. local time. Before any official results had been published, Lasso supporters in the coastal city of Guayaquil appeared confident of victory, and jumped and cheered. The atmosphere at Arauz’s campaign headquarters in Quito was more subdued.The country of 17 million people has been struggling since oil prices crashed in 2014, and was already in recession when the pandemic hit. Last year the economy contracted 7.8%, its worst performance since at least the 1970s.Read More: Why Ecuador’s Runoff Vote Matters for the Bond Market: QuickTakeIn the first-round vote in February, Arauz came first with 32.7%, while Lasso got 19.7%. Recent polls showed Lasso having closed that gap, after receiving the endorsement of the majority of the candidates who were eliminated in the first round.Whoever wins and takes office in May will face a fragmented, potentially hostile legislature and voters who are hostile to austerity measures.Ecuador’s recently restructured dollar bonds have rallied in recent weeks, as investors bet that Lasso’s chances of victory were improving. Arauz’s campaign pledge to tap the central bank’s reserves to distribute $1 billion to needy families, would probably set him on a collision course with the International Monetary Fund, since central bank reform is a key part of the nation’s deal with the lender. (Updates with partial vote count from first 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.
KYOTO, Japan, April 12, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia (“Serbia”), and that it has held an event to announce the launch of business in the country. 1. The event to announce the launch of business in Serbia At today’s event, held at the office of president, Serbia, and attended by President Aleksandar Vučić, Mayor Miloš Vučević of Novi Sad, and Japanese Ambassador to Serbia Takahiko Katsumata, among others, the Company announced its plan to launch business in Serbia. Yesterday, on April 8, the Company held a ceremony to open a new business office in Novi Sad to start preparations to start up the factories in full scale. On the same day, the Company completed the execution of a strategic alliance agreement with the University of Novi Sad, to actively engage in, among other activities, technological exchanges via industry-academia partnerships. 2. Events leading up to the concept of launching new business bases In Europe, where environmental regulations and major countries’ automobile CO2 emission regulations are becoming increasingly stricter, demand is expanding for automotive motors and related products, and for high-efficiency brushless DC motors for home appliance businesses. Under the circumstances, to build an efficient system to supply the aforementioned and other products in Europe, the Company plans to open new factories in Serbia (i) to consolidate the Nidec Group’s production activities in East European region, and (ii) for Nidec’s Automotive Motor & Electronic Control Business Unit and group companies to launch multiple businesses in the future. While the Company’s multiple businesses will be operated at the same sites to seek synergies by sharing the same production infrastructure and back-office, the new business bases will engage in, among others, supplying products to the European market, while looking to design and develop products locally in Serbia, a country abundant in people in the fields of science and engineering who are fluent in English. This latest launch of business in Serbia matches the Western Balkans Cooperation Initiative that the Japanese government is currently promoting in Serbia and other countries, and receives tremendous support from the governments of Japan and Serbia. In the past, the Company established an economic development zone in the city of Pinghu, China, for multiple businesses, and the site is now home to 12 such companies that develop, produce, and sell their products, enhancing the Company’s presence in the Chinese market. Now, in Europe, as part of its growth strategy based on synergies within the Nidec Group, the Company is poised to utilize its new business bases in Serbia as the core hub of Nidec’s European business. 3-1. Outline of the Company’s new company and factory in Serbia(1) Company name: Nidec Electric Motor Serbia LLC(2) Principal business: Manufacturing and sales of automotive motors and related products(3) Construction site: The city of Novi Sad (approximately 90km northwest of capital Belgrade)(4) Workforce: 1,000 people(5) Total site area: 59,760m2(6) Foundation: January 22, 2021(7) Start of construction: September 2021 (plan)(8) Completion: Mid-2022 (plan) 3-2. Outline of Nidec Elesys’s new company and factory in Serbia(1) Company name: Nidec Elesys Europe LLC(2) Principal business: Manufacturing and sales of automotive inverters and ECUs(3) Construction site: The city of Novi Sad (approximately 90km northwest of capital Belgrade)(4) Workforce: 200 people(5) Total site area: 36,000m2(6) Foundation: January 28, 2021(7) Start of construction: September 2021 (plan)(8) Completion: Mid-2022 (plan)(9) For inquiries, please contact: Yasunari Shirakawa, General Manager, General Affairs Department, Utsunomiya Office, Nidec Elesys CorporationTel.: +81-28-662-5941 Contact:Masahiro NagayasuGeneral ManagerInvestor Relationsemail@example.com
The US economy is poised for extended strong growth and hiring, Federal Reserve Chair Jerome Powell says, though coronavirus still poses some risk.Powell, speaking to CBS' 60 Minutes on Sunday, said he doesn't expect to raise the Fed's benchmark interest rate, currently pegged at nearly zero, this year.
The executive will step into the new role later this year.
Social media has erupted over the Japanese golfer's incredible piece of history at the Masters.
Here are the top stories for Sunday, April 11th: Iran calls Natanz blackout "nuclear terrorism"; Pentagon chief declares ‘ironclad’ commitment to Israel; Trump goes after Pence, McConnell at a donor event; Floral memorial for Prince Philip. (Apr. 11)
Schapelle Corby dazzled the audience and judges on Dancing with the Stars, performing the Viennese waltz
ETSU coach Jason Shay resigned last month, something players believe was forced because Shay supported their protests during the national anthem.
(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economy is at an “inflection point” with stronger growth and hiring ahead thanks to rising vaccinations and powerful policy support, but that Covid-19 remains a threat.“We feel like we’re at a place where the economy is about to start growing much more quickly and job creation coming in much more quickly,” Powell told CBS’s “60 Minutes” in an interview conducted Wednesday, according to a transcript of the interview that airs Sunday.“The outlook has brightened substantially. And that’s the base case. I would say again though, there really are risks out there.”“The principal risk to our economy right now really is that the disease would spread again. It’s going to be smart if people could continue to socially distance and wear masks,” Powell said.Fed officials have repeatedly stressed that the U.S. economy continues to need aggressive monetary policy support as it recovers from the pandemic, even as the outlook brightens amid widening vaccinations. That dovish view has helped power U.S. stocks to fresh record highs as investors shrug off inflation concerns amid powerful aid from Washington.“What we’re seeing now is really an economy that seems to be at an inflection point. And that’s because of widespread vaccination and strong fiscal support, strong monetary policy support,” Powell said.Minutes of the central bank’s March meeting released April 7 said policy makers expect it will likely be “some time until substantial further progress” was made on employment and inflation. That refers to the tests they’ve set for scaling back bond purchases of $120 billion a month.Their latest forecasts show officials don’t expect to raise interest rates from near zero before the end of 2023, even as they sharply upgraded projections for growth and employment this year.Powell was put on the Fed board by President Barack Obama, a Democrat, and elevated to the central bank’s helm by his successor Donald Trump, a Republican. His four-year term as chair expires in February and he’s given no indication that he wouldn’t serve a second stint if asked by Democratic President Joe Biden.Powell, 68, has repeatedly deflected questions over whether he’d like to stay in the job.Biden, whose team could start considering the choice of Fed chair in the coming months, said last week that he’d not spoken with Powell since becoming president out of respect for the Fed’s independence.Trump repeatedly applied public pressure on Powell and the Fed via Twitter and in speeches, drawing rebukes from around the world for interfering with the world’s most powerful monetary authority.(Updates with additional Powell quote in second 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.
Christian Democratic Party founder and 40-year veteran of the NSW parliament, Fred Nile, will retire from politics in November.Reverend Nile will likely be succeeded by Lyle Shelton, the former managing director of the Australian Christian Lobby who is best known for his vigorous opposition to marriage equality.
After the death of her husband, Prince Philip, the Queen is 'thinking of others before herself' says her daughter-in-law. Read how she's 'bearing up' here.
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is planning for an aggressive 2021 field season and exploration drill campaign in Alaska is well advanced. Three drill rigs have been secured, as has supporting helicopter services, two remote accommodation camps and geophysical contractors.
A journey 10 years in the making reached its conclusion Sunday, with Hideki Matsuyama winning the Masters.
Residents have shared horror stories of a vicious storm the likes of which have not been 'seen in decades' as roofs were ripped off homes.
This is looking like a year to bet underdogs.
Tottenham threw away another lead and more precious points as their hopes of a top-four finish were dealt a potentially fatal blow by a 3-1 defeat to Manchester United. If you missed the action at Tottenham Hotspur Stadium, fear not: this Spurs display was alarmingly familiar, making it 18 points dropped from winning positions this season. Given their tendency to lose leads and United’s to launch stirring comebacks, it was hardly surprising when goals from Fred, Edinson Cavani and Mason Greenwood completed a second-half turnaround for the visitors after Heung-min Son’s fired Spurs ahead shortly before the interval.
COVID-19 has sparked a new wave of innovation across consumer industries, says Accenture.