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CNN —France was made to work hard for its place in the World Cup quarterfinals, overcoming an improved Poland side 3-1 thanks to goals from Olivier Giroud and Kylian Mbappé. That is Mbappé’s fifth goal of Qatar 2022 and already his ninth World Cup goal overall, breaking Pelé’s record of seven World Cup goals scored before the age of 24. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Issei Kato/Reuters Kylian Mbappé scores his second goal on November 26, leading France to a 2-1 victory over Denmark. Mbappé was one of the leading stars of the team's World Cup triumph four years ago.
Saudi Arabia's midfielder Salem Al-Dawsari receives medical treatment during the Qatar 2022 World Cup match between Saudi Arabia and Mexico on Nov. 30. It’s common for soccer players to take impacts in bony areas, which can cause pain but don’t often lead to lasting injuries. But if a player suffers a fracture or tear, cold spray might do more harm than good. Serbia's forward Aleksandar Mitrovic receives medical attention during the Qatar 2022 World Cup match between Cameroon and Serbia on Nov. 28. The general public can find versions of these sprays at drug stores or online, sold as “Cold Spray” or “Pain Relief Spray” by brands like Cramer or MyDerm.
Traders are watching oil vs. oil stocks and thinking something has to give. Energy bulls insist supplies will remain tight and oil prices will likely be higher in 2023. Variable dividends Lower oil prices are not just a threat to profits: many oil companies have instituted variable dividends, where the variable portion of the payouts are dependent on cash flow. Companies with a variable dividend include Pioneer (PXD), ConocoPhillips (COP), Devon Energy (DVN), Diamondback Energy (FANG), and Coterra Energy (CTRA). The downside: No one is sure what the total payout (the fixed dividend plus the "variable" dividend) will be from quarter to quarter.
New York CNN Business —Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or 1.5%, Monday. The Dow enjoyed its best month in nearly a half-century in October and it’s up nearly another 3% in November. It would be a stunning comeback if the Dow reclaims all its lost ground and finishes the year in positive territory. Top industrial stocks in the Dow such as Boeing (BA), Caterpillar (CAT) and Honeywell (HON) have surged. The S&P 500 and Nasdaq are still pretty deep in the red for 2022, off 17% and almost 30% respectively.
For months, President Nicolas Maduro's administration has sought to fight inflation by anchoring the bolivar's exchange rate. It has increased the supply of foreign currency cash in local banks and limited the expansion of credit and public spending. The local currency has depreciated 17% since October, and 55% so far this year. Both economists said the government may be fine with letting the exchange rate slide a little more, if it allows them to spend again. The central bank did not immediately respond to a request for comment.
The blue-chip FTSE 100 (.FTSE) rose 0.3% in thin trading as U.S. markets were shut for the Thanksgiving holiday. The domestically focused FTSE 250 midcaps (.FTMC) rose 0.7%, also reflecting the upbeat mood in equity markets. A weak spot was Dr. Martens (DOCS.L), which tumbled 20% and looked set for its biggest percentage drop ever, after warning that its annual core profit margin would be lower than last year. UK stock markets have recovered sharply since a botched mini-budget roiled sentiment in October, with investors hoping that measures by the new government will help instil confidence even as Britain faces what is expected to be a lengthy recession. Shares of Vodafone , Imperial Brands (IMB.L) and National Grid (NG.L) slid as they traded without entitlement for dividend payout.
Why good balance is key to healthy living
  + stars: | 2022-11-18 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com   time to read: +5 min
Good balance is an integral part of being physically fit and key to living a long life, according to research. Practice standing next to a chair or something you can grab onto if you become unsteady. Walking up stairs is another easy way to enhance your balance, Baxter said, as part of good balance lies in a strong lower body. “When you have good balance, you move around with less fear and more flexibility,” Landau said, adding that a fear of falling makes you stiff and stressed — and thus more likely to fall. “Good balance improves your general mobility, so you’ll move more and your muscles and bones will get stronger,” Landau said.
The risk-sensitive Aussie tumbled as Hong Kong's Hang Seng led a tech-driven slide in Asian equities. U.S. data overnight showed October retail sales rose 1.3%, compared with economist expectations for 1.0%, a healthy signal but one that dented hopes for a pause in rate increases. "The U.S. economy is driven by the consumer and if the consumer is still spending, it suggests it's going to take inflation longer to ease." Meanwhile, the Aussie dollar slumped 0.4% to $0.6715 as regional equities retreated, and failed to garner support from stronger-than-expected local jobs data. Sterling eased 0.23% to $1.18855, while the yen was more resilient, trading little changed at 139.50 per dollar.
LONDON, Nov 15 (Reuters - The pound rose to its highest in almost three months against the U.S. dollar on Tuesday ahead of the UK government's budget this week, largely as the greenback came under fire. "Today is more about the high-beta currencies against the dollar making hay while the sun shines," CIBC Capital Markets head of G10 currency strategy Jeremy Stretch said. The pound was last up 1% against the dollar at $1.18785, while against the euro it was up 0.1% at 87.74 pence. "We do have the fiscal statement coming and that is going to be a sea of negativity. ($1 = 0.8428 pounds)Reporting by Amanda Cooper Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
The flow of capital motivated more investors to split from established firms and raise their own funds, but it hasn't always been easy. For years they've gone abroad to raise capital from limited partners, mostly wealthy individuals and family offices. This isn't new territory for international investors. He continues to use his personal wealth to back startups and venture funds mostly stateside, including Sequoia Capital, Andreessen Horowitz, and Brianne Kimmel's Worklife Ventures. Even those with ties to international investors may struggle to raise funds as fears of a global recession escalate.
The risk-on fervor also sent the benchmark Treasury yield to its lowest level in five weeks and the safe-haven greenback plunged. Inflation"It shows you how focused asset owners were on inflation compared to everything else going on in the world," Tuz said. The pan-European STOXX 600 index (.STOXX) rose 2.75% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 3.97%. Signs that the decades-high inflation growth is beginning to ebb sent U.S. Treasury yields lower, supporting expectations that the Fed could ease its foot from the rate-hike accelerator. The dollar index fell 2.06%, with the euro up 1.68% to $1.0179.
Cryptocurrencies were under pressure for a second day Wednesday as the market digested the fallout of Binance's planned bailout of FTX. The Solana token continued its slide. "This is an adverse event for the Solana ecosystem in the short run. Further, given FTX/Alameda's balance sheet situation, there may be near term pressure on its Solana holdings, as the situation resolves." The crypto market briefly spiked on Tuesday after Bankman-Fried, also known as SPF, announced that Binance will acquire its non-U.S. operations but plummeted shortly after.
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Salaryman Kaoru Nagase wanted a new phone but couldn't justify the price of a iPhone 14, which starts at 119,800 yen ($814). Instead, he bought a used iPhone SE 2 in Tokyo's Akihabara electronics district for less than a third of that. "At more than 100,000 yen the iPhone 14 is too expensive and I just can't afford it. But in an annual regulatory filing last month, it said Japan sales fell 9% in the year ended September 24 due to the yen's weakness. With Japan open again to foreign tourists, the secondhand iPhone market is getting another boost.
TripAdvisor tumbles on profit miss, Q4 revenue slowdown outlook
  + stars: | 2022-11-08 | by ( ) www.reuters.com   time to read: +2 min
Nov 8 (Reuters) - TripAdvisor Inc's (TRIP.O) shares sank about 19% in premarket trade on Tuesday, a day after the online travel firm reported a weak quarterly profit and flagged a slowdown in revenue in the current quarter. Shares of the company were trading at $19.17 before the bell and were on course to open at their lowest level since August. Currency fluctuations, primarily in euros, shaved off revenue growth by about 11 percentage points during the third quarter, compared with a year earlier. The firm also flagged that its revenue is set to rise in low-single digits compared with 2019 levels, implying a modest slowdown from third quarter. The company also beat revenue estimates, helped by sustained demand for travel and dining.
[1/2] U.S. dollar and British pound notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/IllustrationLONDON, Nov 7 (Reuters) - Euro and sterling rose against the safe-haven U.S. dollar on Monday, supported by a risk-on sentiment across markets with European stocks rising on persistent hopes China will ease COVID restrictions. Another risk-sensitive currency, sterling , reversed earlier losses to trade up 0.6% to $1.1442, while the euro jumped to its highest since Oct. 27. Four Fed policymakers on Friday also indicated they would still consider a smaller interest rate hike at their next policy meeting. Reporting by Joice Alves in London; Editing by Ed Osmond and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Take-Two stock tumbles after it cuts outlook
  + stars: | 2022-11-07 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in the current quarter and for fiscal 2023 would be lower than previously expected. Take-Two's net bookings primarily includes digital game sales or sales to wholesalers, as well as licensing fees and merchandise. "Our reduced forecast reflects shifts in our pipeline, fluctuations in FX rates, and a more cautious view of the current macroeconomic backdrop, particularly in mobile," Take-Two CEO Strauss Zelnick said in a statement. Take-Two also owns mobile giant Zynga, known for "Words with Friends," after purchasing it for $12.7 billion earlier this year.
U.S. nonfarm payrolls increased 261,000 last month, data showed on Friday. Data for September was revised higher to show 315,000 jobs added instead of 263,000 as previously reported. However, the unemployment rate rose to 3.7% from September's 3.5%. Despite the strong jobs data, Fed officials on Friday said a smaller rate increase is still on the table for the December policy meeting. read moreThe dollar fell 0.8% against the yen to 147.06 yen , while the euro rose 1.7% to $0.9920 .
Shares of DraftKings were down 26% Friday after the sport betting company reported slower monthly customer growth in the third quarter that fell short of estimates. The company raised its revenue guidance for the year, however, after revenue for the quarter came in above Wall Street expectations. For the quarter ended Sept. 30, DraftKings said its monthly unique paying customers increased to 1.6 million, up about 22% from 1.3 million a year ago. DraftKings said the expansion of its online Sportsbook product, launched in September, will help drive customer acquisition, engagement and retention. Revenue for the period rose to $502 million, which was higher than the $437 million Wall Street expected.
Twilio shares fell as much as 16% in extended trading on Thursday after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook. Here's how the company did:Loss: Loss of 27 cents per share, adjusted, vs. loss of 36 cents per share as expected by analysts, according to Refinitiv. Loss of 27 cents per share, adjusted, vs. loss of 36 cents per share as expected by analysts, according to Refinitiv. Revenue: $983 million, vs. $972.2 million as expected as expected by analysts, according to Refinitiv. Analysts polled by Refinitiv had been expecting an adjusted loss of 12 cents per share on $1.07 billion in revenue.
The stock fell by more than 7% during after-hours trading, quickly erasing a 6.5% gain from earlier in the trading day. Shares of the company have been nearly cut in half this year, as used vehicle sales and elevated prices cooled off from record highs. The used vehicle market a year ago was significantly elevated as consumers who couldn't find or afford to purchase a new vehicle opted for a pre-owned car or truck. "This economic environment remains uncertain, but we are focused squarely on the goal of driving the business to profitability," Carvana CEO and cofounder Ernie Garcia said in a release. "While progress is rarely linear, we remain on the path to becoming the largest and most profitable auto retailer."
The British pound tumbled after the Bank of England hiked rates and warned the UK would see a recession for all of 2023 and the first half of 2024. The Bank of England raised rates by 75 basis points, its largest single hike since 1989, as the central bank scrambles to get a lid on inflation. The bank predicted UK inflation will hit 11% by year-end, and will stay above 10% over "the near term." Though the Bank of England noted that headline inflation could start to ease as soon as early next year, analysts warned more hikes were still ahead. BNP estimates three more 50-basis-point hikes from the Bank of England, bringing the policy rate to 4.5% next year.
Sony Q2 gaming profit tumbles 50% on higher costs
  + stars: | 2022-11-01 | by ( Sam Nussey | ) www.reuters.com   time to read: +1 min
FILE PHOTO: Sony Corp's logo is seen on its Crystal LED Integrated Structure (CLEDIS) display at its headquarters in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-HoonTOKYO (Reuters) -Sony Group Corp’s second-quarter profit at its key gaming unit fell by 50% from a year earlier as the entertainment conglomerate booked higher costs from game development and acquisitions, the company said on Tuesday. The Tokyo-headquartered company’s gaming unit recorded a profit of 42.1 billion yen ($284.63 million) after selling 3.3 million units of its PlayStation 5 (PS5) console in the second quarter, equal to the year ago sales. It trimmed its full-year forecast for the games business by 12% to 225 billion yen citing lower software sales from third-party developers and the impact of dollar-denominated costs. Sony reported overall group operating profit rose 8% to 344 billion yen ($2.32 billion) in the July-September quarter, beating analyst estimates, after units including the music business offset the weakness in gaming.
Operating profit for the three months ended September fell to 562.7 billion yen ($3.79 billion), well short of an average estimate of 772.2 billion yen in a poll of 12 analysts by Refinitiv. A year earlier, Toyota sales reported a 749.9 billion yen profit. Toyota said it now expects to produce 9.2 million vehicles this fiscal year, down from the previously forecast 9.7 million but still ahead of last financial year's production of 8.6 million units. Amid the gloom, shares in Toyota fell more than 2%, versus a 0.1% rise in the Nikkei (.N225) average. Toyota estimated in August that materials costs for the full year will be 1.7 trillion yen, a 17% increase from previous estimate.
Dollar, bond yields rise ahead of pivotal rate hikes
  + stars: | 2022-10-31 | by ( Marc Jones | ) www.reuters.com   time to read: +6 min
Combined with news that Italy's economy grew far more strongly than expected in the third quarter, euro zone bond yields moved higher EUR/GVD although the euro succumbed to another bout of U.S. dollar strength. /FRX"A lot of data is coming out this week and lot of central banks are meeting," said Societe Generale strategist Kit Juckes. Palm oil futures rose nearly 5%. In the oil markets, Brent crude futures fell 1% to $94.65 a barrel, while spot gold was fractionally lower at $1,637 an ounce in the precious metals markets. Additional reporting by Tom Westbrook in Singapore; Editing by Kirsten Donovan and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
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