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LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening investment bank revenues. Venkatakrishnan said the bank "continued to manage credit well, remained disciplined on costs and maintained a strong capital position" against a "mixed market backdrop." Barclays' corporate and investment bank (CIB) saw income decrease by 6% to £3.1 billion, with the bank citing reduced client activity in global markets and investment banking fees. The bank did not announce any new returns of capital to shareholders after July's £750 million share buyback announcement. The cost-income ratio in the third quarter was 63%, but the bank has set a medium-term target of below 60%.
Persons: Venkatakrishnan Organizations: LONDON, Barclays, Reuters, C.S, Barclays U.K, Q423 Locations: London
Neanderthals skillfully hunted giant cave lions, a study showed for the first time. AdvertisementAdvertisementNeanderthals hunted cave lions with wooden spears and feasted on their meat at least 48,000 years ago, according to a study of ancient bones. But they didn't just target cave lions for sustenance. Cave lion bones are shown next to a replica spear Volker Minkus. The study suggests the hunt was designed "to get something on a social level, some social rewards," he said.
Persons: , Gabriele Russo, Russo, Julio Lacerda, Volker Minkus, it's, It's Organizations: Service Locations: Germany, Bavaria, Eurasia, Siegsdorf, Croatian, Africa
The hubs are networks of hydrogen producers and consumers that will use local infrastructure to accelerate the deployment of clean hydrogen. The Mid-Atlantic Clean Hydrogen Hub that involves parts of Pennsylvania, Delaware and New Jersey will receive a $750 million grant, according to the sources familiar with the forthcoming announcement. The Appalachian Regional Clean Hydrogen Hub (ARCH2) that includes western Pennsylvania, Ohio and West Virginia will also receive one of the grants, according to two sources. The 2021 bipartisan infrastructure bill allocated up to $7 billion to launch the initiative, called the Regional Clean Hydrogen Hubs program, which will help fund six to 10 regional clean hydrogen hubs across the U.S. Each of the proposed regional hub projects involve dozens of partners from energy companies, academia and local and state governments.
Persons: Joe Biden's, Biden, Joe Manchin, Valerie Volcovici, Jarrett Renshaw, Nick Zieminski, David Gregorio Our Organizations: Reuters, Department of Energy, Pennsylvania, White House, Democratic, Energy Department, DOE, Dominion, Battelle, TC Energy, Thomson Locations: Pennsylvania, Appalachian, U.S, Delaware, New Jersey, Philadelphia, Ohio, West Virginia, California, Washington
For the first time, scientists were able to show they can bend lightning from a storm with a laser. The project, 20 years in the making, required a super powerful laser to be shot into the sky. A powerful laser was able to deflect a lightning bolt almost 200 feet before it hit a lightning rod, greatly improving the rod's function. The Laser Lightning Rod is seen in place on top of a Swiss mountain. AdvertisementAdvertisementEventually, the scientists were able to record a natural lightning bolt that, for the first time, followed the laser beam before hitting the tower.
Persons: , Aurélien Houard, Appliquée, they'd, Houard, Jean, Pierre Wolf, Benjamin Franklin, we've, Wolf, Houart Organizations: Service, EPFL, University of Geneva, Polytechnique, Street, Nat, CNN, Street Journal, Photonics Locations: Swiss, EPFL, Switzerland, France, Germany, Säntis
AdvertisementAdvertisementMercury, the smallest planet in the solar system, is getting even — and getting more wrinkles as it does, a new study suggests. Mercury is wrinkling like an old appleLike any other planet, Mercury is losing heat. The study, published in Nature Geosciences on Monday, identified 48 definite and 244 likely grabens on pictures snapped by NASA's MESSENGER probe in 2015. AdvertisementAdvertisementMercury is likely constantly shaking with quakesThe study also suggests Mercury is constantly shaking with quakes, Rothery said. ESA/BepiColombo/MTM, CC BY-SA 3.0 IGOThe next step for Mercury, Rothery said, will be the arrival of a space probe called BepiColumbo.
Persons: , David Rothery, Rothery, Ben Man, Nat, it's, we've, BepiColumbo Organizations: Service, UK's Open University, Nature Geosciences, Mercury, ESA, European Space Agency, Japan Aerospace Exploration Agency Locations: et
It was the first home win for the Twins in the playoffs since Game 1 of the ALCS in 2002 at the Metrodome. He wore a Johan Santana jersey to the ballpark, a nod to not only his Venezuelan boyhood hero but the last Twins pitcher to win a postseason game. Political Cartoons View All 1196 ImagesGausman's day for the Blue Jays was more bumpy, finishing four innings with three hits and three walks. The Blue Jays carried their own October angst into this series, having not won a postseason game since the 2016 ALCS. Twins: RHP Sonny Gray (8-8, 2.79 ERA) will take the mound Wednesday for the first postseason start for the 11-year veteran since 2017 in Game 4 of the ALDS for the Yankees.
Persons: — Royce Lewis, Lewis, Kevin Gausman, Jhoan Duran, , Pablo López, Johan Santana, Gausman, Kevin Kiermaier’s, Bo Bichette, Bichette, Vladimir Guerrero Jr, Michael A, Taylor, Alejandro Kirk, Matt Chapman, Max Kepler, Jorge Polanco, Carlos Correa, ROYCE ROLLS Lewis, Evan Longoria, Gary Gaetti, Justin Verlander, José Berríos, , ” Berríos, Sonny Gray, ___ Organizations: Toronto Blue Jays, AL, Twins, North, Minnesota, Blue Jays, Rays, Tigers, Yankees, Jays Locations: MINNEAPOLIS, North American, Venezuelan, Minnesota, Bo, Toronto
Barclays is a good pick as the U.S. consumer business receives fair recognition and investment banking picks up, according to Morgan Stanley. Analyst Alvaro Serrano upgraded shares of the bank, which trade in London, to overweight from equal weight. The bank's U.S.-listed shares trade under the ticker BCS. Serrano said Barclays is "quietly gaining more scale" in the U.S. credit card business, which can improve its profitability gap compared with competitors. While the cards and investment banking business have low multiples, Serrano said that the earnings upgrades will ultimately push the stock higher.
Persons: Morgan Stanley, Alvaro Serrano, Serrano, — CNBC's Michael Bloom Organizations: Barclays Locations: London, U.S, United Kingdom
Earth's core has baffled researchers for decades, and it still contains many secrets. AdvertisementAdvertisementA diagram shows the Earth's magnetic field deflecting waves of energy coming from the sun. The strength of Earth's magnetic field in 2020, as measured by the European Space Agency's SWARM satellites. The Earth's inner core may be spinning and might sometimes flip backwardThe core itself is not uniform. A graphic showing how iron crystals may be distributed and moved around the Earth's inner core.
Persons: Andrew Z, Colvin, Lutz Rastaetter, Christopher C, Finlay, al, Edward Garnero, Li, Lindsey Kenyon, Samantha Hansen, Insider's Morgan McFall, Johnsen, Chris Panella, John Vidale, UC Berkeley seismologist Daniel Frost, LiveScience Organizations: Service, NASA, Modeling, NASA Goddard Space, Wikimedia, German Research Center, Geosciences, European Space Agency, Arizona State University, Lindsey, University of Alabama, University of Southern, Washington Post, UC Berkeley Locations: South America, Antarctica, University of Southern California, Banda
The bone could mean modern humans shared the cave with Neanderthals. The early human bone was found in a cave at the center of a debate about Neanderthal culture. Maureille is an author of the study about the hip bone, and an archaeologist from the University of Bordeaux. This raises a controversial hypothesis: that modern humans and Neanderthals shared the mysterious Châtelperronien culture, which has long baffled scientists. Research there suggests modern humans shared a cave with Neanderthals and Denisovans about 45,000 years ago.
Persons: Bruno Maureille, Will Oliver, Maureille Organizations: Service, University of Bordeaux, Sci Locations: Wall, Silicon, Arcy, France, London, Europe, Spain, Renne, Siberia
Judge Pauline Newman is 96 and says colleagues are trying to force her out over petty complaints. But she had an unnamed law clerk run errands and retaliated against an aide, an investigation found. In April, that clerk asked to be transferred to a judge after learning that "other law clerks were assisting Judge Newman in her defense of these proceedings," he said in an affidavit. "To sit at the feet, metaphorically, of Judge Newman, is an opportunity that any aspiring patent lawyer would welcome." The code of conduct for federal judges bars them from using chambers staff for certain extra-judicial activities (running errands isn't specifically listed).
Persons: Pauline Newman, Newman, Newman's, Arthur Hellman, Hugo, Black, Felix, Frankfurter, Aliza Shatzman, she'd, isn't, it's Newman, Kimberly Moore, Judge Newman, Greg Dolin, Dolin, It's, Hellman, Alvin Rubin, Rubin's, Shatzman, Moore Organizations: Service, Federal Circuit, University of Pittsburgh, New Civil Liberties Alliance Locations: Wall, Silicon
JAKARTA, Aug 14 (Reuters) - Indonesia's capital will force drivers to undergo emission tests, officials said on Monday, amid deteriorating air quality that has made Jakarta one of the world's most polluted cities. Jakarta has been consistently ranked among the 10 most polluted cities globally since May and last week topped global rankings compiled by Swiss air quality technology company IQAir. "We will start in Jakarta and when it gets better, we will expand it to greater Jakarta," environment minister Siti Nurbaya Bakar told a press conference. President Widodo also advised companies to impose hybrid working and urged weather modification in Greater Jakarta, saying dry weather was contributing to pollution. "Also, keep monitoring the industrial sector and power plants mainly surrounding Greater Jakarta," he told ministers.
Persons: Joko Widodo, Sandiaga Uno, Siti Nurbaya Bakar, Widodo, Ananda Teresia, Martin Petty, Susan Fenton Organizations: Swiss, Jakarta, Thomson Locations: JAKARTA, Jakarta, Greater Jakarta, Indonesia
Taylor Swift’s Viral Era
  + stars: | 2023-08-11 | by ( Matt Stevens | ) www.nytimes.com   time to read: +4 min
Taylor Swift, wearing a long green gown, takes a swan dive pose and jumps into a hole in the stage. A large crowd of Taylor Swift fans sing together in a parking lot outside of her concert. Taylor performs in a “full on deluge.”Rain pours down on a smiling Taylor Swift as she performs onstage. Taylor Swift, sitting at a piano, explains to concertgoers that it is malfunctioning and playing itself. The actor Taylor Lautner enters the stage with a backflip to greet Taylor Swift.
Persons: Taylor, Taylor Swift, Arlington , Texas Taylor, Joe Alwyn, , ” Taylor, Matty Healy, Nashville Taylor, Matty, Philadelphia “, ” Taylor Swift, Taylor concertgoer Keith Urban, fanboying, Phoebe Bridgers, Bo Burnham, N.B.A, Taylor’s, Aaron Rodgers, she’s, Chicago Taylor, Minneapolis Taylor, John ”, John Mayer, , Cincinnati Taylor, Taylor Lautner, Denver Taylor, Seattle Taylor, “ Taylor, Taylor can’t, Travis Kelce, Mexico City Taylor Organizations: Ticketmaster, Philadelphia, Spice, Taylor, Independence, Swift, Federal Reserve, Seattle Locations: Glendale, Ariz, Arlington , Texas, Tampa, Fla, Tampa’s, East Rutherford, N.J, Chicago, Minneapolis, ” Kansas City, Mo, Philadelphia, Seattle, Inglewood, Calif, Mexico City
CNN —Scientists have revived a worm that was frozen 46,000 years ago — at a time when woolly mammoths, sabre-toothed tigers and giant elks still roamed the Earth. This a major finding,” he said, adding that other organisms previously revived from this state had survived for decades rather than millennia. Five years ago, scientists from the Institute of Physicochemical and Biological Problems in Soil Science in Russia found two roundworm species in the Siberian permafrost. The worm was found in the Siberian permafrost. But still, they didn’t know whether the worm was a known species.
Persons: Teymuras Kurzchalia, Kurzchalia, , Anastasia Shatilovich, Panagrolaimus kolymaenis, kolymaenis, , Philipp Schiffer, Schiffer Organizations: CNN —, elks, Max Planck, Molecular Cell Biology, Institute of Physicochemical, PLOS Genetics, of Zoology, University of Cologne, CNN Locations: Dresden, Science, Russia, Germany, Cologne
"Is there going to be a challenge to Royal Enfield? It sold fewer than 30,000 motorcycles - less than the number of bikes Royal Enfield sells each month. Triumph said it has received orders for over 14,000 Speed 400 bikes, exceeding its total India sales of the past decade. Still, the frenzy over the new models is reflected in the surge in Google searches about Harley-Davidson and Triumph in India. Improved financing options is also encouraging lower-income buyers to consider premium bikes, said HDFC Securities analyst Aniket Mhatre.
Persons: Davidson, Rishi Vora, brokerages, Harley, Kotak, Royal Enfield's, Eicher, Royal, Shubhabrata Marmar, Enfield, Varun Painter, MotoCorp, Sathish Rao, Aniket Mhatre, Priyanka Kochhar, Indranil Sarkar, Aby Jose Koilparambil, Nandan Mandayam, Saumya Singh, Navamya Ganesh Acharya, Varun, Dhanya Skariachan, Euan Rocha, Christopher Cushing Organizations: Reuters, Bajaj Auto Ltd, Handout, REUTERS, Royal Enfield, Securities, Harley, Royal, Eicher Motors, Reuters Graphics Reuters, ROYAL, Enfield, Mahindra, Mahindra's, TVS, Bajaj Auto, Bajaj, Triumph, HDFC Securities, Thomson Locations: REUTERS BENGALURU, India, Royal Enfield, Bengaluru
Spain General Election Results
  + stars: | 2023-07-23 | by ( Martín González Gómez | Lauren Leatherby | ) www.nytimes.com   time to read: +2 min
Spain General Election Results Leer en españolThis election will allocate all 350 seats in the Congress of Deputies, Spain’s primary legislative body. If no single party receives an outright majority in Congress ⎯ a likely scenario ⎯ the parties will negotiate until they form a governing coalition. Seats needed for a majority Major left parties Major right parties No seats allocated yetParty Votes Percent Pct. Prime Minister Pedro Sánchez of PSOE, the mainstream social-democratic party, called a snap election after a poor result among left-leaning parties during regional and local elections in May. If either of those coalitions fail to reach a majority in parliament, they will have to garner the support of smaller regional parties.
Persons: , Pedro Sánchez, Alberto Núñez Feijóo, Vox, Santiago Abascal, Yolanda Díaz Organizations: Deputies, PSOE, Vox, Senate, UPN, Sumar Locations: Spain
Here are Thursday's biggest calls on Wall Street: TD Cowen upgrades Meta to outperform from market perform TD Cowen said it sees further share gains ahead for Meta. TD Cowen reiterates Amazon as outperform TD said it's bullish heading into Amazon earnings later this month. Deutsche Bank reiterates Microsoft as buy Deutsche said the stock is "set up nicely" heading into earnings later this month. " Bank of America reiterates Tesla as neutral Bank of America said it's standing by its neutral rating heading into earnings next week. BMO reiterates Chevron as outperform BMO said in a note on Thursday that it likes the oil and gas giant's capital return.
Persons: Cowen, TD Cowen, it's, Stifel, Coinbase, JPMorgan downgrades, Morgan Stanley, Cboe, Morgan Stanley downgrades SoFi, Tesla, Domino's, Robert Iger, Oppenheimer Organizations: Meta, Energy Fuels, Clean Energy Fuels Corp, Barclays, JPMorgan, Spotify, Deutsche Bank, Microsoft, Deutsche, BMO, Netflix, " Bank of America, of America, Suisse, Credit Suisse, Bank of America, Disney, ESPN, Chevron Locations: China
J & J has said that more than 60,000 claimants support its latest proposition. This is the first J & J talc trial in about two years. JNJ YTD mountain J & J year-to-date stock performance The unresolved lawsuits against J & J have, in part, weighed on the company's stock. The MedTech and Pharmaceuticals units remained and make up the new J & J. Traders wear Johnson & Johnson coats at the NYSE.
Persons: Johnson, J's, Emory Hernandez, Hernandez, Anthony, LTL, Michael Kaplan, Kaplan, , Jim Cramer, Jim, J, Jim Cramer's, Adam Jeffery Organizations: LTL Management, J, Johnson, — Chemours, DuPont, CNBC, AAA, Pharmaceuticals, Traders, NYSE, & ' $ Locations: California, North America, U.S
The launch of the two models, made in partnership with UK's Triumph Motorcycles, sent Bajaj Auto shares to a record high of 4,900 rupees. The Triumph Speed 400 will be priced at 233,000 rupees ($2,834), Bajaj Auto said, but did not disclose a price for the Scrambler 400X. Bajaj will oversee the production and distribution of these bikes as part of the partnership, the two companies had said in April. With the entry of Bajaj and Hero in the premium bike space, analysts see stiff competition, loss of market share and growth concerns for Eicher. Hero MotoCorp's shares closed up 4.2%, nearly matching their 4.5% jump on Tuesday, while Bajaj Auto's shares have gained roughly 6% in the past two days.
Persons: Hero MotoCorp, Harley, Davidson, Hero MotoCorp's, Nandan Mandayam, Savio D'Souza Organizations: India's Bajaj, Eicher Motors, UK's, Bajaj Auto, Meteor, Bajaj, Triumph, Hero, Eicher, Bajaj Auto's, Thomson Locations: BENGALURU, India, Bengaluru
REUTERS/Jan LopatkaPRAGUE, June 30 (Reuters) - Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners slash use of cyanide, its CEO said in an interview on Friday. The privately-held Czech company is the world's leading sodium cyanide maker. It acquired Australian Mining & Process Solutions last year, which developed innovative glycine leaching technology that can cut cyanide usage in mining by about half, depending on the circumstances. Draslovka hopes the technology will spearhead a transformation of the industry, raising its effectiveness and reducing environmental impacts. Bruzek said Draslovka had another 10 similar potential projects lined up by year-end, including a top nickel and cobalt miner.
Persons: Pavel Bruzek Jr, Jan Lopatka, Draslovka, Bruzek, JP Morgan, Barrick, Emma Rumney Organizations: Draslovka, REUTERS, Australian Mining, U.S, Oaktree Capital Management, Partners, Thomson Locations: Prague, Czech Republic, Jan Lopatka PRAGUE, Czech, London, United States, Sasol, South Africa
57,000-year-old engravings on the walls of a French cave may have been the work of Neanderthals. The oldest Neanderthal cave engravingsThe markings are made up of lines, squiggles, and dots, likely made by fingers instead of tools. On the left are some curved lines and on the right are more wavy lines that researchers say were made by Neanderthals. Tim Schoon, University of IowaThough early researchers considered Neanderthals less advanced than humans, more recent findings have complicated that view. In 2018, researchers estimated a group of Spanish cave paintings were 65,000 years old and made by Neanderthals.
Persons: , Claude Marquet, Shara Bailey, Homo sapiens, would've, Tim Schoon, It's, Bailey, sapiens, Cotard, lithics, La Organizations: Service, ONE, University of Tours, New York University, La Roche, University of Iowa Locations: France, La, Europe, Western Europe
June 22 (Reuters) - 3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to "forever chemicals," the chemical company announced on Thursday. The company said the settlement would provide the funds over a 13-year period to cities, towns and other public water systems to test and treat contamination of per- and polyfluoroalkyl substances, or PFAS. 3M, which is facing thousands of lawsuits over PFAS contamination, did not admit liability, and said the money will help support remediation at public water systems that detect PFAS "at any level." "The result is that millions of Americans will have healthier lives without PFAS in their drinking water." 3M had been scheduled to face a test trial in South Carolina federal court earlier this month in a lawsuit brought by Stuart, Florida.
Persons: Scott Summy, Stuart, Brendan Pierson, Clark Mindock, Alexia Garamfalvi, Chris Reese, Daniel Wallis Organizations: 3M, Environmental Protection Agency, EPA, DuPont de Nemours Inc, Corteva Inc, Thomson Locations: U.S, South Carolina, Stuart , Florida, New York
CNN —Jennifer Aniston wished her friend and former “Friends” costar Courteney Cox a happy birthday with a throwback message. Posting a series of shots to Instagram, Aniston wrote: “I’d like to take a moment and wish my dearest CC the happiest of birthdays. If you’ve been lucky enough to know her, you know how incredible she is. Happy Birthday.”Cox commented back, “I love you Jenny Louise.”Reese Witherspoon joined the comments section, writing,” Love this beautiful / talented / brilliant woman so much ! “From the beginning of when we met her, she was immediately inclusive, warm, loving, interested in everything about you,” she said.
Persons: Jennifer Aniston, , Courteney Cox, Aniston, , you’ve, Cox, ” Cox, Jenny Louise, ” Reese Witherspoon, ” Kylie Minogue, ” Aniston Organizations: CNN
Past colleagues discussed working with Bill Gates, Elon Musk, Jeff Bezos, and Sara Blakely. Here, people who've worked alongside Elon Musk, Jeff Bezos, Bill Gates, and Sara Blakely talk about what it was like. After buying their company, Gates interrogated Williams and his colleagues about why their product was better than its Microsoft rival's. Reuters 'Girl next door' Sara Blakely was a 'creative genius'Lisa Magazine and Kenya Graham were personal and executive assistants, respectively, to Blakely, the Spanx founder. Read more: Elon Musk was a 'fun' boss but fired people on the spot if they disagreed with him, former Tesla manager says
Persons: Bill Gates, Elon Musk, Jeff Bezos, Sara Blakely, they'd, , who've, Gates, Alex Wong, Chris Williams, Williams, aul Ellis, Colin Bryar, Bryar, Bezos, I've, Blakely, Lisa, Kenya Graham, Graham, Read, Sara Blakely's, Musk, Dimitrios Kambouris, Elon, Carl Medlock, he'll, Medlock, didn't Organizations: Service, Elon, Microsoft, Amazon, Amazon VP, Reuters, Lisa Magazine, Kenya, Nordic Business, Getty Locations: Blakely, Atlanta, Medlock
Last week, Google updated its hybrid three-day-a-week office policy to include badge tracking and noted attendance will be included in performance reviews. Additionally, employees who already received approval for remote work may now have that status reevaluated. Prior to the pandemic, Google was known for its vibrant campus life, replete with massage parlors, yoga classes, video games and free gourmet meals. But life changed, as did priorities, during the pandemic, when offices were closed and employees were forced to work from home. Staffers moved to different cities and got used to more flexibility and family time while taking advantage of Google's flexible remote work options.
Persons: Sundar Pichai, There's, Fiona Cicconi, Ryan Lamont, hasn't, Leonard Hofstadter, You've Organizations: Google, Shoreline, CNBC, YouTube Locations: Mountain View , California
A small handful of experts claim to have evidence that our satellite produces forces that can trigger earthquakes. The moon's effect on earthquakes was hiddenScientists have long pondered whether the moon's tides could be linked to earthquakes. And it seems that in some cases, the moon did help trigger earthquakes around the world. By digging into these datasets, a few studies have suggested a link between Earth tides and earthquakes. Rather, it is when the rock is on the very brink of collapse that the moon's small tug could push it past that final tipping point.
Persons: , Vi Nguyen, Chris Scholtz, Scholtz, Juan, Scholz, C.H, Tan, Nat Commun, Davide Zaccagnino, Zaccagnino Organizations: Service, NASA, Columbia Climate School, Pictures, NOAA, US, Nature Communications, Sapienza University of Rome Locations: Fuca, Earthquakes
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