As the benchmark Treasury yield traded at its highest level in nearly a year, Summit Place Financial Advisors President Liz Miller tells Reuters' Fred Katayama a further steepening in rates could slow the hot housing market and impact the economy.
The prosecutor of the International Criminal Court on Wednesday said her office will open a formal investigation into war crimes in the Palestinian Territories which will examine both sides in the conflict. The decision comes after the court ruled on Feb. 5 that it has jurisdiction in the case, a move which prompted swift rejection from Washington and Jerusalem. The Palestinian Authority welcomed the decision.
General Motors Co said on Wednesday it was further extending production cuts at three North American plants and adding a fourth to the list of factories hit by the global semiconductor chip shortage. The extended cuts do not change GM's forecast last month that the shortage could shave up to $2 billion from this year's earnings. GM Chief Financial Officer Paul Jacobson subsequently said chip supplies should return to normal rates by the second half of the year and he was confident the profit hit would not worsen.
Russia's Figure Skating Federation said on Wednesday it had suspended Olympic figure skater Maria Sotskova for 10 years for violating anti-doping rules, months after Reuters reported she was set to be banned. Reuters reported last September that Sotskova was set to be handed a 10-year suspension for having submitted a forged document to explain a doping violation. The federation said Sotskova's suspension would remain in place until April 2030.
Spain’s Soul Pictures has picked up international sales rights to Mexican helmer-scribe Carlos Cuaron’s dramedy “Amalgama,” while Mexico’s Cinepolis has snagged Latin American distribution rights to the film. Best known for co-writing his brother Alfonso’s career-reviving road movie “Y Tu Mama Tambien,” “Amalgama” is Cuaron’s third feature although he has directed several award-winning shorts, and […]
France is preparing for a possible easing of coronavirus restrictions from mid-April as it banks on an acceleration of its vaccination campaign against the pandemic, government spokesman Gabriel Attal said on Wednesday. "We will still face hard times, it is true, but for the first time in months, the return to more normal living conditions is in sight," Attal told reporters following a meeting of the French cabinet. "The president (Emmanuel Macron) asked us to submit proposals that could allow for a cautious re-opening of the country soon."
Portuguese director Susana Nobre’s second fiction feature film, “Jack’s Ride” is a 70-minute memory-laden road movie that weaves concentric circles through the urban, industrial and natural landscapes of a small town, 20 miles from Lisbon, while reminiscing about 1980s New York. 63-year old, Joaquim (Joaquim Calçada) has just been made redundant after working in heavy […]
Thai navy sailors braved choppy waters to launch a dramatic rescue this week after discovering four cats had been abandoned on a sinking ship that caught fire off a paradise island. "I used my camera to zoom in to the boat, and I saw one or two cats popping their heads out," said First-Class Petty Officer Wichit Pukdeelon of the navy's air and coastal defence division. A sailor in a life vest swam out to the capsized boat, on which four ginger cats were huddled together on a wooden beam.
The Prosecutor of the International Criminal Court said Wednesday she has launched an investigation into alleged crimes in the Palestinian territories, plunging the court into the midst of one of the most fraught conflicts of the past half century. Fatou Bensouda said in a statement the probe will be conducted “independently, impartially and objectively, without fear or favor.” Bensouda said in 2019 there was a “reasonable basis” to open a war crimes probe into Israeli military actions in the Gaza Strip as well as Israeli settlement activity in the occupied West Bank.
Google says it won't develop new ways to follow individual users across the internet after it phases out existing ad tracking technology from Chrome browsers in an upcoming overhaul aimed at tightening up privacy. The digital giant has been working on proposals to remove from Chrome so-called third party cookies, which are snippets of code used by a website's advertisers to record browsing history in order to show users personalized ads. Third-party cookies have been a longstanding source of privacy concerns, so Google proposes instead grouping together web users with similar interests and keeping web histories private on user devices.
Juventus have bought Weston McKennie from Schalke for 18.5 million euros ($22.3 million), the Serie A club announced on Wednesday, ending the American midfielder's loan spell to make the move permanent.
Legislators in more than 20 states have introduced bills this year that would ban transgender girls from competing on girls’ sports teams in public high schools. The Associated Press reached out to two dozen state lawmakers sponsoring such measures around the country as well as the conservative groups supporting them and found only a few times it’s been an issue among the hundreds of thousands of American teenagers who play high school sports. In South Carolina, for example, Rep. Ashley Trantham said she knew of no transgender athletes competing in the state and was proposing a ban to prevent possible problems in the future.
BBC Studios and producer, distributor and channel operator Blue Ant Media have partnered to launch the BBC First channel in Canada from March 16. The channel will feature premium scripted and factual programming, including BBC original series “Top Gear,” “The Office,” “Death in Paradise” and “The Graham Norton Show,” which will be available at launch. […]
“Natural Light,” a portrait of the attrition and atrocity of war set at a benighted village in occupied Western Soviet Union in 1943, has clinched its first sales as Paris-based Luxbox rolls out the Berlin Competition player at the European Film Market. Nour Films, whose past pickups include Berlin Golden Bear winner “Touch Me Not,” […]
Music publishing veteran Richard Rowe has been named executive vice president of Hipgnosis Songs, effective immediately, founder Merck Mercuriadis announced. Rowe began his career at CBS Records in 1979 as a lawyer in its business affairs department before rising through the ranks to become president of Sony Music Publishing from 1991 to 2005. During his tenure the company […]
They're stylish, they're comfortable and they're about to be your spring/summer go-to.
From models strutting inside an empty museum to designers absenting themselves from the catwalk calendar, this season's virtual fashion weeks have been re-styled with a new look many expect will endure when traditional runway shows resume. COVID-19 restrictions forced New York, London, Milan and Paris fashion weeks to go virtual in the past year, with brands rethinking how to keep the buzz of catwalk shows online. While many are optimistic of a return to the events usually attended by buyers, editors and celebrities, digital presentations - which have opened up fashion week to a wider audience - are likely to stay on.
Russia's Justice Ministry added a medical trade union with ties to jailed opposition politician Alexei Navalny to its list of "foreign agents" on Wednesday, Russian news agencies reported. The move against Russia's Doctors Alliance, which distributes personal protective equipment to medical staff and supports doctors in defending their labour rights, prompted outrage among Navalny's supporters. The "foreign agent" label, which carries negative Soviet-era connotations, subjects non-governmental organisations deemed to receive foreign funding for political activity to increased bureaucratic scrutiny and spot checks.
What a sweet gig.
Forma Therapeutics (FMTX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Professor Jonathan Van-Tam has called the unsubstantiated theory 'nonsense'.
