Insurers are facing a $2-3 billion loss if the Tokyo Olympics are cancelled this year, amounting to the largest ever claim in the global event cancellation market, brokers say. With less than six months until the Games are due to start, the competition will top the agenda when the International Olympic Committee's (IOC) executive board meets this week. The IOC and Japanese organisers have been adamant that another postponement isn't an option.
The head of the powerful European Club Association, Andrea Agnelli, has warned that top-level football clubs across the continent face more dire financial losses this year as they struggle to come to terms with the impact of the Covid-19 pandemic.
Norfolk Southern's fourth-quarter profit improved slightly even though it hauled 1% less freight because the railroad controlled expenses tightly as the economy continued to slowly recover from last year's widespread shutdowns during the coronavirus pandemic. The Norfolk, Virginia-based company said it earned $671 million, or $2.64 per share, during the fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.
Russian President Vladimir Putin on Wednesday urged better ties between Moscow and the European Union, declaring the Kremlin "ready" for an improved relationship.
Ukraine will ban flights over its territory by 13 Russian regional air carriers and Syrian Cham Wings Airlines for three years, the government said on Wednesday, citing flights by them into and out of Crimea, which was annexed by Russia in 2014. A draft resolution approved by the cabinet prohibits "the transit of resources, flights and transportation" by the 14 airlines. It must be approved by Ukraine's council of national security, led by President Volodymyr Zelenskiy, to become effective.
KOTA KINABALU, Jan 27 — Facing criticism that non-governmental organisations have been quicker to address rural Sabahans’ need for electronic devices for home learning, the Sabah government today...
Anna Hendy has been hospitalised twice in the past 10 months with the illness.
Top-ranked Gonzaga is picking up steam and looks for its 20th straight win dating back to last season when it visits San Diego in West Coast Conference play on Thursday night. The Bulldogs (15-0, 6-0 WCC) have won nine games this season by 20 or more points, including eight of their past 11. It figures to add to that rout total against the Toreros (2-6, 1-3), who typically don't fare well against Gonzaga.
Wales won just three of their 10 tests last year, with those successes coming against Italy (twice) and Georgia. It was a huge step backwards from the form of the previous two seasons under Warren Gatland, but a change to a more ball-in-hand style and injuries to key individuals have been a factor. Pivac will be able to call on experienced campaigners in hooker Ken Owens and back row Josh Navidi, who return from injury and should be available for their 2021 season opener against Ireland in Cardiff on Feb. 7.
The champions are winless in their last five league matches which has resulted in a slide from the top of the standings to fifth in the league while they were also knocked out of the FA Cup by Manchester United over the weekend. Liverpool have not found the net in the league in the past month and Klopp said people were "losing trust and faith" in his attacking trio of Mohamed Salah, Sadio Mane and Roberto Firmino far too quickly for his liking.
Former world number one Andy Murray will compete in a challenger tournament in Biella next month following his Australian Open withdrawal, the Italian Tennis Federation confirmed on Wednesday. Three-time Grand Slam winner Murray was forced to pull out of the first major of 2021 in Melbourne after he was unable to find what he called a ‘workable quarantine’ following a positive COVID-19 test on Jan. 14. The indoor tournament in Biella, which begins on Feb. 15 and has 132,000 euros ($159,918) of prize money, will mark the 33-year-old’s first appearance at a challenger event since competing in Mallorca in August 2019.
Video posted on social media captured the fast flow of hot clouds of ash down the volcano and ash blowing over. Indonesia's volcanology and geological hazard mitigation center warned of a danger of lava cutting roads near the volcano, saying Merapi had spewed "quite intense" hot clouds at least 30 times since Wednesday morning. There were no immediate reports of damage. Merapi is one of Indonesia's most active volcanoes and is already on the country's second highest alert level.
Indonesia’s Mount Merapi volcano erupted in Central Java on Wednesday, January 27, sending plumes of ash into a cloudy sky and lava down the hillside.The BPPTKG, Indonesia’s geological agency, said the volcano released hot clouds more than 30 times on Wednesday.This footage, filmed from the city of Yogyakarta, shows an ash cloud rising from the volcano. Credit: Damar Susetiyo via Storyful
It's a make-up bag essential.
Cleveland police officers and an Ohio state trooper rescued an elderly couple from a burning home in Cleveland on Saturday, January 23.The Ohio State Highway Patrol said that while on a routine patrol, Trooper Hiram Morales saw the house on fire late on Saturday and rushed to help. Local news said the fire was at the 3700 block of West 47th Street.Video shared by the highway patrol shows a trooper ask a bystander if anyone was in the house. The man tells the trooper someone in the house uses a wheelchair.The trooper then runs into the burning house. Moments later, two Cleveland police officers rush to the scene.The trooper and two police officers then pull the couple from the home, including the person in the wheelchair. Credit: Ohio State Highway Patrol via Storyful
Britain will announce new tougher border measures on Wednesday to stop new variants of COVID-19 getting into the country, Prime Minister Boris Johnson said as he promised to deliver a roadmap out of lockdowns that have shuttered much of the economy. The government is expected to bring in quarantine hotels for those coming to Britain from high-risk countries where new strains of the coronavirus have emerged - so-called red list nations - such as South Africa and those in South America. The move comes as Britain's death toll from COVID-19 surpassed 100,000, the first European state to reach that figure, leading to further questions about Johnson's handling of the crisis.
Even in tough times, advertisers still want a Super Bowl. CBS is “virtually sold out” of all its commercial inventory for Super Bowl LIV, according to a spokesperson for parent company ViacomCBS, a sign that Madison Avenue remains interested in the Big Game despite some of the rockier economic conditions surrounding it. The network has […]
Total left the American Petroleum Institute in mid-January, as part of a broad shift in which oil firms are quitting trade groups that resist climate-change reform.
F5 Networks' (FFIV) Q1 results highlight benefits from the recently-acquired Shape Security business and robust growth in software revenues.
NCR Corp's (NCR) latest buyout of Cardtronics will likely further expand its payments platform and help the firm connect to retail and bank customers, in turn facilitating customer acquisition.