Toronto Raptors coach Nick Nurse expected some rust from Kyle Lowry, Pascal Siakam, Fred VanVleet and OG Anunoby but was overall pleased with their compete level which included a terrific 3rd quarter.
Toronto Raptors coach Nick Nurse expected some rust from Kyle Lowry, Pascal Siakam, Fred VanVleet and OG Anunoby but was overall pleased with their compete level which included a terrific 3rd quarter.
BANGKOK — Stocks are opening lower on Wall Street again as Apple and other Big Tech companies give up more ground. The S&P 500 index fell 1.2% in the early going Tuesday. The tech-heavy Nasdaq, which is coming off its biggest drop since March, lost 1.6%. Investors are becoming concerned that inflation could return as prices for crops, metals and other commodities continue to climb. A key reading on inflation in consumer prices is due out Wednesday. European markets were lower and Asian markets closed mostly lower. Bond prices fell. The yield on the 10-year Treasury note rose to 1.62%. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. BANGKOK (AP) — Shares dropped Tuesday in Asia after selling of several Big Tech companies pulled U.S. benchmarks lower. Paris, Frankfurt, Tokyo and Hong Kong declined while Shanghai advanced. Despite reassurances from the Federal Reserve and a much weaker than expected U.S. jobs reading last week, investors have refocused on the potential for surging prices to pressure central banks into tapering off on their massive stimulus and ultra-low interest rates, analysts said. “Investors seem to look past the jobs report and continue to place their focus on the inflation narrative with rising commodities prices and chip shortages in play," Jun Rong Yeap of IG said in a commentary. Germany's DAX sank 2% to 15,101.18 while the CAC 40 in Paris gave up 1.8% to 6,272.36. Britain's FTSE 100 lost 2% to 6,980.62. U.S. futures also augured losses, with the contract for the S&P 500 down 0.6% and that for the Dow industrials 0.4% lower. China reported its strongest increase in producer prices since October 2017 last month, as supply constraints cascaded into manufacturing. China's economy was the first to recover from the pandemic and the central bank, or People's Bank of China, has been adjusting policies to keep inflation in check. The producer price index jumped 6.8% in April from a year earlier, up from a 4.4% increase in March. So far, though, the feed-through to consumer prices is relatively subdued, Julian Evans-Pritchard of Capital Economics said in a commentary, adding that “we still doubt that inflation is about to become a key driver of PBOC policy." The Shanghai Composite index erased early losses Tuesday to gain 0.4% to 3,441.85. While China's COVID situation has stabilized, a number of Asian countries are seeing rising coronavirus infections and deaths that are straining health systems and setting back progress toward vanquishing the pandemic. Malaysia's government on Monday ordered a near lockdown for about a month to fight the coronavirus, while allowing businesses to operate at reduced capacity, Tokyo's Nikkei 225 gave up 3,1% to 28,608.59 while the Hang Seng in Hong Kong fell 2% to 28,013.81. In Seoul, the Kospi dropped 1.2% to 3,209.43. India's Sensex slipped 0.7%. Australia's S&P/ASX 200 lost 1.1% to 7,097.00. The government was due Tuesday to release a big-spending economic plan for the next fiscal year designed to create jobs and repair pandemic damage and with an eye toward winning votes at looming general elections. On Monday, the S&P 500 fell 1% to 4,188.43. The Dow Jones Industrial Average dropped 0.1% to 34,742.82. The blue chip index, which hit an all-time high on Friday for the third straight day, traded higher for much of Monday, but dipped into the red in the last half-hour of trading. Small company and technology stocks had a rough day. The Nasdaq lost 2.5% to 13,401.86, while the Russell 2000 index fell 2.6% to 2,212.70. Big Tech companies, including Apple, Facebook, Amazon and Google's parent company, accounted for most of the S&P 500's decline. Inflation has been a concern for investors since bond yields spiked earlier this year, but yields have mostly stabilized since then. The yield on the 10-year Treasury was steady at 1.61%. Rising commodity prices have begun to push prices of some consumer products higher but analysts expect increases to be mild and tied to the growing economy, even as the jobs market lags behind. Consumer confidence and retail sales are regaining ground as people get vaccinated and businesses reopen. Americans set a record for pandemic-era air travel on Sunday, according to The Transportation Security Administration. Meanwhile, the most recent round of corporate earnings reports showed a broad recovery touching many different sectors and industries during the the first three months of the year. Much of that was anticipated ahead of the reports and investors are now far off from the next big round of results. In other trading, U.S. benchmark crude oil lost 43 cents to $64.49 per barrel in electronic trading on the New York Mercantile Exchange. It gained 2 cents to $64.92 per barrel on Monday. Brent crude, the international standard for pricing, gave up 44 cents to $67.88 per barrel. The U.S. dollar rose to 108.87 Japanese yen from 108.83 yen late Monday. The euro strengthened to $1.2167 from $1.2134. The Associated Press
GAZA CITY, Gaza Strip (AP) — Israel unleashed new airstrikes on Gaza early Tuesday, hitting a pair of high-rise buildings believed to be housing militants, as Hamas and other armed groups bombarded southern Israel with hundreds of rockets. The conflict escalated relentlessly throughout the day, and Israel vowed that its strikes would only increase. The latest exchange of fire was sparked by weeks of tensions in contested Jerusalem. Since sundown Monday, 26 Palestinians — including nine children and a woman— were killed in Gaza, most by airstrikes, Gaza health officials said. The Israeli military said at least 16 of the dead were militants. During the same period, Gaza militants fired hundreds of rockets toward Israel, killing two Israeli civilians and wounding 10 others. But Israeli Prime Minister Benjamin Netanyahu warning in the evening that more was coming. He said after meeting with senior defense officials that Israel would “increase even more the strength of the strikes and also the rate of the strikes” against Hamas and Islamic Jihad militants in the Gaza Strip. “Hamas will receive blows now that it didn’t expect,” he said in a statement. In a further sign of rising tensions, Israel signaled it is widening its military campaign. The military said it is sending troop reinforcements to the Gaza border and the defense minister ordered the mobilization of 5,000 reserve soldiers. Even as the two sides ramped up tensions, officials said Egypt was working on brokering a cease-fire. The barrage of rockets and airstrikes was preceded by hours of clashes between Palestinians and Israeli security forces, including dramatic confrontations at Jerusalem’s Al-Aqsa Mosque compound, a sacred site to both Jews and Muslims. The current violence, like previous rounds, including the last intifada, or uprising, has been fueled by conflicting claims over Jerusalem, which is at the emotional core of the long conflict. In a sign of widening unrest, hundreds of residents of Arab communities across Israel staged overnight demonstrations — denouncing the recent actions of Israeli security forces against Palestinians. It was one of the largest protests by Palestinian citizens in Israel in recent years. Israel and Hamas, an Islamic militant group that seeks Israel’s destruction, have fought three wars and numerous skirmishes since Hamas seized control of Gaza in 2007. Recent rounds of fighting have usually ended after a few days, often helped by behind-the-scenes mediation by Qatar, Egypt and others. An Egyptian official confirmed that the country was trying to broker a truce. But the official, speaking on condition of anonymity because he was discussing sensitive diplomacy, said Israeli actions in Jerusalem had complicated those efforts. A Palestinian security official, also speaking on condition of anonymity, confirmed the cease-fire efforts. Even before he vowed more strikes, Netanyahu had warned that fighting could “continue for some time.” Lt. Col. Jonathan Conricus, an Israeli military spokesman, told reporters Tuesday that the military was in “the early stages” of its strikes. Israel carried out dozens of airstrikes, including two that targeted high-rise buildings where militants were believed to be hiding. At midday, an airstrike hit an apartment building in central Gaza City. Local media said an unknown number of militants had been killed. But the force of the blast sent terrified residents, including women and children who were barefoot, running into the streets. An earlier airstrike struck a high-rise elsewhere in Gaza City as people were conducting dawn prayers, residents said. Health officials said two men and a woman were killed. The woman’s 19-year-old disabled son was among the dead, residents said. Ashraf al-Kidra, spokesman for the Gaza Health Ministry, said a total of 26 people, including nine children and the woman, were killed and 122 people were wounded. He said Israel's “relentless assault” was overwhelming the health care system, which has been struggling with a COVID-19 outbreak. The escalation comes at a time of political limbo in Israel. Netanyahu has been acting as a caretaker prime minister since an inconclusive parliamentary election in March. He tried and failed to form a coalition government with his hard-line and ultra-Orthodox allies, and the task was handed to his political rivals last week. One of those rivals is Israel’s defense minister, who is overseeing the Gaza campaign. It was not clear whether the toxic political atmosphere is spilling over into military decision-making, though the rival camps have unanimously expressed support for striking Hamas hard. The support of an Arab-backed party with Islamist roots is key for the anti-Netanyahu bloc’s efforts. But the current tensions might deter the party’s leader, Mansour Abbas, from joining a coalition for now. The sides have three more weeks to reach a deal. The current round of violence in Jerusalem coincided with the start of the Muslim fasting month of Ramadan in mid-April. Critics say heavy-handed police measures helped stoke nightly unrest, including a decision to temporarily seal off a popular gathering spot where Palestinian residents would meet after evening prayers. Another flashpoint was the Jerusalem neighborhood of Sheikh Jarrah, where dozens of Palestinians are under treat of eviction by Jewish settlers. Over the weekend, confrontations erupted at the Al-Aqsa Mosque compound, which is the third holiest site of Islam and the holiest site in Judaism. Over several days, Israel police fired tear gas, stun grenades and rubber bullets at Palestinians in the compound who hurled stones and chairs. At times, police fired stun grenades into the carpeted mosque. On Monday evening, Hamas began firing rockets from Gaza, setting off air raid sirens as far as Jerusalem. From there on, the escalation was rapid. Conricus, the army spokesman, said Gaza militants fired more than 250 rockets at Israel, with about one-third falling short and landing in Gaza. The army said that a rocket landed a direct hit on a seven-story apartment block in the coastal Israeli city of Ashkelon. Israeli paramedic service Magen David Adom said it treated six people injured in the rocket strike. Two were hospitalized in moderate condition. Later, a second building in the city of Ashdod was hit, lightly wounding four people, Israeli police said. Conricus said the military hit 130 targets in Gaza, including two tunnels militants were digging under the border with Israel. He said Israel’s new system of concrete barriers and electronic sensors, intended to thwart tunnel digging, has proven effective. He did not address Gaza Health Ministry reports about the dead children. In Gaza, most of the deaths were attributed to airstrikes. However, seven of the deaths were members of a single family, including three children, who died in an explosion in the northern Gaza town of Beit Hanoun. It was not clear if the blast was caused by an Israeli airstrike or errant rocket. Dozens of mourners took part in the funeral of Hussein Hamad, an 11-year-old boy who was among the dead. More than 100 Gazans were wounded in the airstrikes, the Health Ministry said. Israel struck scores of Gaza homes in its 2014 war with Hamas, arguing it was aiming at militants, but also killing many civilians. The practice drew broad international condemnation at the time. Israel’s tactics in Jerusalem have drawn angry reactions from the Muslim world. Regional power house Saudi Arabia on Monday condemned in the strongest terms what it said were attacks by Israeli forces against the sanctity of Al-Aqsa and the safety of its worshippers. The Saudi Foreign Ministry called Tuesday on the international community to hold Israeli forces responsible for any escalation. ___ Laub reported from the West Bank. Associated Press writer Ilan Ben Zion contributed from Jerusalem. Fares Akram And Karin Laub, The Associated Press
To find out the true ranking of the best Oreo flavors, we poured a big glass of milk and got to work. The post What’s the best Oreo flavor? To find out, we tried *almost* all of them appeared first on In The Know.
The "Specialty Coatings - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Apple, Google, Microsoft and other tech firms have forged an alliance asking the US to fund domestic chip production.
Westbrook thanked Robertson for paving the way for him to be the kind of player he is today.
The band described the concerts as 'the gig that defined an era'.
Fuze, the leading cloud-based communications provider for the modern global enterprise, today announced that it has been awarded a new patent for meeting room control, enabling users to leverage their existing Fuze Mobile application to seamlessly control the in-room meeting experience from their mobile device rather than a traditional fixed tablet or controller.
Sudbury, Ontario--(Newsfile Corp. - May 11, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that it has secured a 100% interest in the Cryderman property located in southwest Macmurchy Township, Larder Lake Mining District, Ontario. The property consists of six mining and surface rights leases, totaling approximately 106 hectares which host a system of quartz veining partially exposed around a 40 foot (12.2m) deep historical shaft sunk in ...
Ahsan Raza, Lahore-based senior journalist told us that the video is from Pakistan’s Lahore and not Delhi.
If it is not one thing then it is another. China’s entertainment-tech sector is feeling blow upon blow from an ongoing regulatory crackdown. Companies such as Alibaba and Tencent which have been huge forces for modernization of China’s economy are repeatedly being fined and castigated by different regulators. In the case of Ant Group, an […]
Veteran heavy metal quartet Megadeth have released a statement regarding sexual misconduct allegations against bassist David Ellefson, who recently denied that he was “grooming” an underaged girl via online messages and videos. “We are aware of the recent statements regarding David Ellefson, and are watching developments closely,” the band wrote in a statement posted on social media […]
The "Modular Chillers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The Canadian dollar weakened against its U.S. counterpart on Tuesday, pulling back from its highest level in 3-1/2 years as investors turned cautious ahead of data on Wednesday that is expected to show a jump in U.S. inflation. Global stock markets suffered a second day of sharp losses as a combination of inflation worries, lofty valuations and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling. The price of oil, one of Canada's major exports, fell on fading fears of a prolonged outage at the largest U.S. fuel pipeline system, while India's coronavirus crisis and the sell-off in global stock markets also weighed.
The "Energy Drinks - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Mackenzie Investments announced the results of special meetings held yesterday where investors approved a fund merger and a change in investment objective. Both are intended to further streamline Mackenzie's product shelf and make it easier to navigate.
Form 8.3 IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE KEY INFORMATION Name of person dealing (Note 1)Invesco Ltd.Company dealt inWillis Towers Watson plcClass of relevant security to which the dealings being disclosed relate (Note 2)Ordinary Shares IE00BDB6Q211Date of dealing10-05-2021 INTERESTS AND SHORT POSITIONS (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) LongShort Number (%)Number (%)(1) Relevant securities1,347,970 1.045% 2,900 0.002%(2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total1,347,970 1.045% 2,900 0.002% Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security:LongShort No. (%)Number (%)(1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total 1. DEALINGS (Note 4)(a) Purchases and sales Purchase/saleNumber of relevant securitiesPrice per unit (Note 52Purchase3,753268.88 USD (b) Derivatives transactions (other than options transactions) Product name,e.g. CFDNature of transaction(Note 6)Number of relevant securities(Note 7)Price per unit(Note 5) (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name,e.g. call optionWriting, selling, purchasing, varying etc.Number of securities to which the option relates (Note 7)Exercise priceType, e.g. American, European etc.Expiry dateOption money paid/received per unit (Note 5) (ii) Exercising Product name,e.g. call optionNumber of securitiesExercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction(Note 8)DetailsPrice per unit(if applicable) (Note 5) 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure11-05-2021Contact namePhilippa HolmesTelephone number+44 1491 417447If a connected EFM, name of offeree/offeror with which connectedN/AIf a connected EFM, state nature of connection (Note 10)
Toronto, Ontario--(Newsfile Corp. - May 11, 2021) - New Break Resources Ltd. ("New Break" or the "Company") is extremely pleased to announce the launch of the Company's new website at www.newbreakresources.ca, built and powered by Blender Media Inc. ("Blender"). Michael Farrant, President of New Break commented, "After the past few months of hard work and dedication, we are delighted to officially announce the launch on May 10, 2021."As a junior mining company, New ...
The FDA on Monday granted emergency use authorization to the Pfizer-BioNTech vaccine for use in teens 12 to 15. Latest COVID-19 news.
FCA investigates Greensill as David Cameron’s lobbying texts are made publicFinancial regulator announces move as ex-PM’s messages to Rishi Sunak, Michael Gove and others are released David Cameron texted ministers on behalf of finance firm Greensill Capital. Photograph: Matt Dunham/AP