Image source: The Motley Fool. Crown Holdings Inc (NYSE: CCK)Q1 2021 Earnings CallApr 20, 2021, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to Crown Holdings' First Quarter 2021 Conference Call.
Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said.
The volatile ride of the yuan in morning deals comes as the central bank set the guidance on the weaker side of the key 7.1 per dollar for the first time in over three weeks, with market participants interpreting it as a sign of loosening grip on the currency. Markets have been closely monitoring the daily yuan fixing in recent months for possible changes in foreign exchange policy and official stance. Prior to market opening, the PBOC set the midpoint rate , around which the yuan is allowed to trade in a 2% band, at a five-month low of 7.1028 per dollar, weaker than the previous fix of 7.0979.
UK labour and wage data will likely hog the spotlight as traders parse through the reports to gauge when the Bank of England will start its rate cutting cycle. The Federal Reserve on the other hand is likely to be in no rush to start its easing cycle after March retail sales came in higher than expected, the latest evidence of a resilient U.S. economy. Comments from Fed officials have also led traders to dial back their expectations with San Francisco Federal Reserve Bank President Mary Daly the latest to suggest the Fed is in no hurry to cut rates.
Authorities have also warned of landslides and flash floods in the coming days.
Fortingall, Perthshire: Standing in front of this truly great yew tree – some say the oldest in the country – one wonders how to capture its totality
PHOENIX (AP) — Chicago Cubs rookie Michael Busch homered for the fifth straight game Monday night, matching a franchise record. Busch led off the second inning with his sixth home run of the season, a 419-foot drive to center field against Arizona Diamondbacks starter Merrill Kelly. Four other Cubs players have gone deep in five consecutive games — including current third baseman Christopher Morel, who did it last year. The 26-year-old Busch was acquired from the Los Angeles Dodgers in a January
UK labour and wage data will likely hog the spotlight as traders parse through the reports to gauge when the Bank of England will start its rate cutting cycle. The Federal Reserve on the other hand is likely to be in no rush to start its easing cycle after March retail sales came in higher than expected, the latest evidence of a resilient U.S. economy. Comments from Fed officials have also led traders to dial back their expectations with San Francisco Federal Reserve Bank President Mary Daly the latest to suggest the Fed is in no hurry to cut rates.
How much will Caitlin Clark make in her rookie season? Contract terms for the WNBA's top four draft picks are the same, per the league's CBA.
Taiwan's incoming premier announced on Tuesday he had appointed a senior executive from TSMC supplier Topco Scientific as economy minister, saying he would be tasked with resolving the persistent problem of stable power supplies. Taiwan Semiconductor Manufacturing Co is the world's largest contract chipmaker and the chip industry is the backbone of Taiwan's export-dependent economy. Cho Jung-tai, who will not take over as premier until president-elect Lai Ching-te is inaugurated on May 20, told reporters the chairman of semiconductor material supplier Topco Group, J.W. Kuo, would be the economy minister, replacing Wang Mei-hua, a lawyer by training.
WASHINGTON (AP) — House Speaker Mike Johnson says he is sending impeachment charges against Alejandro Mayorkas to the Senate on Tuesday, forcing senators to convene a trial on the allegations that the Homeland Security secretary has “willfully and systematically” refused to enforce existing immigration laws. But the proceedings may not last long. While the Senate is obligated to convene a trial under the rules of impeachment once the charges are walked across the Capitol, Democrats are expected
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.4% to 3,013.84 even though the Chinese government reported that the economy grew at a faster-than-forecast annual rate of 5.3% in the first quarter of the year. In quarterly terms it expanded at a 1.6% pace. The Hang Seng in Hong Kong lost 1.9% to 16,279.66. Tokyo's Nikkei 225 fell 2.1% to 38,402.59 as the doll
The home side were four goals up in the second half when Nicolas Jackson and Noni Madueke caused the unsavoury scene.
Kate Martin traveled to the WNBA draft to support her Iowa teammate Caitlin Clark and ended up getting drafted by the Las Vegas Aces. Martin was selected 18th overall by the defending champions. “There are a lot of emotions right now,” Martin said in an interview on ESPN.
Helvetia Holding ( VTX:HELN ) Full Year 2023 Results Key Financial Results Revenue: CHF9.23b (up 12% from FY 2022). Net...
Evonik Industries AG ( ETR:EVK ) shareholders should be happy to see the share price up 11% in the last month. But that...
EDMONTON, Alberta (AP) — Connor McDavid has achieved something only three other people in the NHL have ever done. The Edmonton Oilers captain, who missed his team’s last three games with an undisclosed injury, recorded his 100th assist of the season in Monday’s game against the visiting San Jose Sharks. Wayne Gretzky did it 11 times, while Bobby Orr and Mario Lemieux each got there once. McDavid hit the milestone with 4:25 left in the second period against the Sharks. The captain outwaited a spr
Jose Miranda and the Twins take on Cedric Mullins and the Orioles on Jackie Robinson Day, April 15, 2024
LOS ANGELES (AP) — Kirill Kaprizov had a goal and an assist, and the Minnesota Wild beat Los Angeles 3-1 on Monday night, ending the Kings’ eight-game home winning streak. Matt Boldy and Ryan Hartman also scored for the Wild, who had been outscored 13-3 in their previous two games against the Kings. Filip Gustavsson made 28 saves. Blake Lizotte scored and Cam Talbot allowed three goals on 25 shots as the Kings lost firm control of their path to third place in the Pacific Division. They are one p
After several difficult years, the Army and Air Force say they are on track to meet their recruiting goals this year, reversing previous shortfalls using a swath of new programs and policy changes. With half a year to go in the recruiting year, Army Secretary Christine Wormuth said she is optimistic about hitting the 55,000 enlistment goal and getting an additional 5,000 recruits for the delayed entry pool that would come in during the next year or so. “Right now we are 5,000 contracts ahead of where we were compared to this time last year,” Wormuth said in an interview with The Associated Press.
Greensboro police release videos in connection to shooting death of man who had BB gun and toy pistol
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