Belarusian authorities launched a brutal crackdown on Sunday evening on protesters who took to the streets for an 11th straight weekend to demand the departure of strongman leader, Alexander Lukashenko. In the capital Minsk, riot police used stun grenades to disperse protesters, who hard turned out in their tens of thousands to protest against Mr
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US healthcare workers fear surging Covid-19 cases could overwhelm hospitals as governors scrambled on Sunday to address record rises in new infections across the country. New York governor Andrew Cuomo on Sunday said the state was developing a new strategy to find “micro-clusters” of Covid-19 infections. Testing must get more local, he said, pointing to
When we talk about the top savers among countries, we are really talking about which countries have the highest savings rates. These are not necessarily the nations with the highest incomes. For example, a country where the average person makes $10,000 and saves $2,000 would have a 20% savings rate. Another country where people save
Source: Texas Instruments | Wikipedia Volatility has once again returned to Wall Street. Swinging between positive and negative territory in the previous five sessions, the market’s movements have largely been tied to updates on the ongoing stimulus talks. Working for months to pass additional stimulus measures, both sides of the aisle are making a last-ditch
It was President Donald Trump who inspired Wisconsin high school student Courvosia Cotton to vote. Mr Cotton lives in Milwaukee, a city in a battleground county in a battleground state. He turned 18 on June 1, days after the country erupted into protest after a white police officer killed Minnesota resident George Floyd. The black
The Italian government is expected to introduce the harshest public health restrictions since the end of its first national lockdown in May as new coronavirus cases hit a fresh daily record on Saturday. A draft government decree leaked to multiple Italian media outlets on Saturday suggested that Giuseppe Conte, prime minister, was preparing as early
While buy low and sell high is a strategy that has resulted in big accumulations of wealth, this isn’t how the professionals find their success. Instead, a savvy investor strategically deploys their money in order to allow it to work in more than one way—they multi-task their money. The retail investor who is accustomed to working
Japan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19. Shares in Japan’s office, medical and industrial goods suppliers including Askul, MonotaRo and As One have soared as heavy investments in robots helped these companies to handle a jump in online orders during the pandemic. Coronavirus has boosted
When China’s Communist party delegates meet on Monday to thrash out their economic plan for the next five years, the semiconductor industry will be high on the agenda. Beijing’s 30-year push to build a homegrown chip sector has taken on a new sense of urgency as Donald Trump’s administration tightens its chokehold on China’s leading
In 1993, Chipotle Mexican Grill Inc. (CMG) was founded in Denver as a means for former Chief Executive Officer (CEO) Steve Ells to save up for his dream of owning a fine-dining restaurant. Now Ells, along with many Chipotle insiders and institutional investors, have massive positions in the global fast-food chain, with a market capitalization of $36.38 billion
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors,
US states were grappling with surges in coronavirus cases that threatened to overwhelm hospitals as Donald Trump and Joe Biden staged competing campaign rallies on Saturday with just 10 days to go until the presidential election. Mr Trump was due to visit three battleground states — North Carolina, Ohio and Wisconsin — on Saturday alone
Venezuelan opposition leader Leopoldo López has fled the country after spending the past 18 months holed up inside the Spanish ambassador’s residence in Caracas following his involvement in a failed uprising against the government of Nicolás Maduro. Senior figures from his Voluntad Popular (Popular Will) party confirmed the news to the Financial Times, without saying
If you’re traveling on your own, no problem. Just book your tickets. All you have to do is compare prices on an airfare search site to find the cheapest flight available. But what about when you’re traveling with family and friends? Here’s where it gets interesting. You could shop the usual way–entering the total number of
Franklin Templeton is on track to end 2020 as one of the worst-selling retail asset managers after investors pulled money from its funds ahead of its landmark takeover of rival Legg Mason. The US group has suffered the highest year-to-date outflows of any fund house globally in 2020, bleeding a net $41.6bn, according to data
Boohoo is a battleground stock. Since its IPO in 2014, the £3.5bn fast-fashion ecommerce company has been the subject of enthusiasm and scepticism in equal measure. The narratives being spun by both sides of the trade are pretty easy to follow. Bulls rightly point to Boohoo’s industry-leading profit margins, double-digit revenue growth and effective social
What Is a Financial Advisor? A financial advisor is a professional who is engaged in the business of informing and educating clients about wealth, investment and other sorts of money matters—and sometimes managing these financial affairs as well. It’s an umbrella term that includes stockbrokers, financial planners, investment advisors, tax preparers, bankers, insurance agents, and
About 10m fewer people watched the final presidential debate on Thursday night than the first one a month ago amid signs there are not that many voters up for grabs with just over a week until the election. Nearly 63m people tuned into the debate, according to Nielsen, the television ratings provider — a 14
McDonald’s has called on a judge to throw out a lawsuit from a group of black former franchisees who have accused the fast-food group of putting them out of business by setting them up to fail. About 50 former franchisees claimed in the suit that there had been an “exodus” of black franchisees from the
Nearly 75% of all Twitter stock is owned not by individuals but by institutional investors who buy large stakes in companies for their clients. The names below shuffle places on the list from time to time, but the latest figures available, for mid-June 2019, place The Vanguard Group, Inc. at the top of the heap
Senior Trump administration officials blamed congressional Democrats for holding up negotiations over a new fiscal stimulus package, further dimming hopes of reaching a deal before the presidential election. Speaking from the White House on Friday, Steven Mnuchin, the US Treasury secretary, said Nancy Pelosi, the Democratic speaker of the House of Representatives, was “still dug
Donald Trump has announced that Sudan and Israel have made “peace”, claiming a foreign-policy success just days before the US election. The US president made the remarks in front of reporters at the Oval Office on Friday as he signed an executive order to remove Sudan from a US list of state sponsors of terrorism
America’s top airlines are considered some of the best employers in the U.S. Perhaps that’s why competition is so fierce for airline jobs. In 2017, Delta Air Lines, Inc. (DAL) received 200,000 applications for about 1,000 flight attendant openings, meaning fewer than 1% of applicants were hired. Mathematically speaking, that means it is five times harder
European equities were on track to snap a four-day losing streak on Friday off the back of upbeat earnings from some of the region’s leading companies such as Barclays and Daimler. The continent-wide Stoxx Europe 600 index was up 0.8 per cent by mid-morning, buoyed by financial stocks following forecast-beating earnings results from Barclays and
Business activity in the eurozone has slid back into decline, according to a widely-watched survey, as rising coronavirus infections and tighter curbs weigh on the bloc’s economy, increasing pressure on the European Central Bank to consider more monetary stimulus. The IHS Markit flash eurozone composite purchasing managers’ index fell to 49.4 in October, its lowest
The coefficient of variation (COV) is the ratio of the standard deviation of a data set to the expected mean. Investors use it to determine whether the expected return of the investment is worth the degree of volatility, or the downside risk, that it may experience over time. Dividing the volatility, or risk, of the
California reported its biggest one-day jump in deaths in five weeks on Thursday. Authorities attributed a further 162 deaths to coronavirus, up from 35 on Wednesday. France announced a record 41,622 confirmed cases of coronavirus for the previous 24 hours on Thursday, shortly after Prime Minister Jean Castex extended a night-time curfew that will now
Billionaire hedge fund manager Paul Tudor Jones has turned more bullish on bitcoin, calling it the best inflation hedge. “I like bitcoin even more now than I did then. I think we are in the first inning of bitcoin and it’s got a long way to go,” Jones said on CNBC’s “Squawk Box” on Thursday. He
Peter Spiegel, US Managing Editor Can a second presidential debate really alter the course of an election? If history is any guide, it’s usually the first debate that gets the biggest audience and sets the tone, which would be bad news for Donald Trump, whose first debate performance may go down as one of the
Like any type of loan, life insurance policy loans come with pros and cons. It is important to look at both aspects before deciding whether to borrow against your whole life insurance policy. Pros of a Life Insurance Policy Loan Getting a life insurance policy loan is quick and easy. Since you are borrowing against your own assets, there