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☆ Covid vaccine stocks jump as new variants emerge ahead of fall shot rollout
▼ + stars: | 2023-08-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Covid vaccine makers' shares rose Monday as new variants of the virus emerge in the U.S. ahead of the rollout of updated shots this fall. Shares of BioNTech , which jointly develops Covid vaccines with Pfizer , popped nearly 7%. It's been a rocky few months for those stocks as sales of Covid shots and treatments plummet in the U.S.: Shares of all four companies are down more than 20% for the year. But Wall Street's enthusiasm for Covid vaccine makers is getting a fresh boost with the upcoming launch of brand-new shots this fall and the emergence of new variants of the virus. So far, there is no evidence that BA.2.86 spreads faster or causes more serious infections than previous versions.

Persons: Novavax, It's Organizations: Pfizer, EG, U.S . Health, CNBC, Moderna, Novavax, World Health Organization, U.S . Centers for Disease Control, Prevention Locations: U.S, Denmark, Israel

☆ Canada wildfires: what are the causes and when will it end?
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +6 min

Here are some questions and answers about Canada's wildfires, which have charred millions of hectares and polluted the air in that nation and the U.S.WHAT PARTS OF CANADA HAVE WILDFIRES HIT? Wildfires are common in Canada's western provinces, but this year the eastern provinces of Nova Scotia, Quebec and parts of Ontario have also reeled from out-of-control wildfires. This week, the focus returned to the west, as wildfires burned about 16 km (10 miles) northwest of Yellowknife, the capital of the vast, sparsely populated Northwest Territories. As of Wednesday, there were 1,054 active wildfires in Canada, including 230 in the Northwest Territories and 669 deemed out of control, according to the Canadian Interagency Forest Fire Center. Widespread spring fires across the whole of Canada are also unusual, and research shows fire seasons across North America are getting longer.

Persons: Pat Kane, Mike Westwick, De Beers, Lytton, Fort Smith, Justin Trudeau, Ellen Whitman, David Ljunggren, Divya Rajagopal, Ismail Shakil, Rod Nickel, Jonathan Oatis, Josie Kao Organizations: REUTERS, Canadian Broadcasting Corporation, Canadian Interagency Forest Fire, Reuters Graphics, Northwest, Enterprise, Northwest Territories, Diamond, Atlantic Canada, Canadian, Canadian Forest Service, Thomson Locations: Yellowknife, Northwest Territories, Canada, U.S, Nova Scotia, Quebec, Ontario, Territories, British Columbia, Alberta, YELLOWKNIFE, Northwest, Hay, Fort McMurray, United States, Fort, Winnipeg, Ottawa, Toronto, East Coast, New York, Washington, Chicago, North America

☆ Novavax shares jump after Covid vaccine maker posts surprise quarterly profit
▼ + stars: | 2023-08-08 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Shares of Novavax jumped as much as 20% in premarket trading Tuesday after the Covid vaccine maker reported a surprise second-quarter profit. Here's what Novavax reported compared with Wall Street's expectations, based on a survey of analysts by Refinitiv. That compares with a net loss of $510.5 million, or $6.53 per share, reported during the same quarter last year. But Jacobs noted that the adjustment reflects part of a cash settlement the Canadian government agreed to pay for forfeiting Covid vaccine doses that were previously scheduled for delivery. The company reported R&D expenses of $258 million and SG&A expenses of $162 million last year.

Persons: Novavax, John Jacobs, Jacobs, We're, it's Organizations: Refinitiv, CNBC, and Drug Administration Locations: Krakow, Poland

"It's probably going to be a rough July and a rough summer," she said in a phone interview. Canada's trade deficit with countries other than the United States, its biggest trading partner, widened to an all-time high as month-over-month exports declined 5.5%, while imports were down marginally. The overall trade deficit matched the C$3.73 billion shortfall in October 2020. The Canadian dollar traded slightly higher at C$1.3477 to the U.S. dollar, or 74.20 U.S. cents, up from C$1.3498 to the U.S. dollar, or 74.09 U.S. cents. By volume, imports were up 0.9%.

Persons: Chris Helgren, Statscan, Meena Aier, It's, Olivia Cross, Cross, Ismail Shakil, David Ljunggren, Bernadette Baum, Jonathan Oatis Organizations: Port, REUTERS, OTTAWA, Statistics, Export Development, Capital Economics, Canadian, U.S ., Thomson Locations: Port of Vancouver , British Columbia, Canada, Statistics Canada, United States, of Nova Scotia, Ottawa

☆ Laurentian Bank's shares fall after media report that potential top bidders bowed out
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

TD is also not bidding for Laurentian, the report added. The reported move comes weeks after Laurentian, Canada's ninth-largest bank, said it was reviewing strategic options. A spokesperson for Laurentian Bank declined to comment on the report, when contacted by Reuters, saying the bank's "strategic review is still under way" and the "board of directors is actively examining the options available." TD Bank did not immediately respond to a Reuters request for comment. Shares of Laurentian, which jumped 27% after reports of a sale earlier this month, have gained about 35% so far this year.

Persons: Rania Llewellyn, Jaiveer Singh, Balu, Shailesh Kuber, Matthew Lewis Organizations: Laurentian Bank of Canada's, Bank of Nova, Dominion Bank, Scotiabank, Globe and Mail, Laurentian, TD, U.S, Barclays, Canada's, Globe, Laurentian Bank, Reuters, TD Bank, Thomson Locations: Laurentian, Montreal, Bank of Nova Scotia, Toronto, Quebec, Bengaluru

[1/3] People embrace as they stand near damage to a road, after the heaviest rain to hit the Atlantic Canadian province of Nova Scotia in more than 50 years triggered floods, in Ellershouse, West Hants Regional Municipality, Nova Scotia, Canada July 23, 2023. REUTERS/John Morris/File PhotoOTTAWA, July 24 (Reuters) - Two of the four people missing after floods ripped through the Canadian Atlantic province of Nova Scotia over the weekend are dead, Premier Tim Houston said on Monday. The floods washed away roads, swamped buildings and damaged bridges and a Canadian National Railway (CNR.TO) track connecting with Halifax, Canada's fourth-largest port. Canadian National has already restored much of the damaged infrastructure, but some repairs will be delayed until the flood waters recede, company spokesman Scott Brown said. "With supply chains the reality is the longer the disruption lasts, the more severe the impact is," he said by phone.

Persons: John Morris, Tim Houston, Houston, Scott Brown, Lane Farguson, Farguson, David Ljunggren, Nia Williams, Aurora Ellis, Grant McCool Organizations: Atlantic, Ellershouse , West, Ellershouse , West Hants Regional, REUTERS, OTTAWA, Canadian, Monday, Police, Canadian National Railway, Canada's, Canadian National, U.S . Midwest, Thomson Locations: Atlantic Canadian, of Nova Scotia, Ellershouse ,, Ellershouse , West Hants, Ellershouse , West Hants Regional Municipality , Nova Scotia, Canada, Canadian Atlantic, Halifax, Europe, Asia, Ottawa, British Columbia

CNN —Three months’ worth of rain over the course of one day has flooded the Canadian province of Nova Scotia since Friday night, inundating streets, forcing evacuations and leaving at least four people missing – including two children. “We have had biblical proportions of rain over the night and into the day,” Halifax Mayor Mike Savage said Saturday. A man wearing chest waders walks past cars abandoned in floodwaters in a mall parking lot in Halifax, Nova Scotia, on Saturday. Darren Calabrese/The Canadian Press/APNorthern and eastern Nova Scotia are expected to see more rain Saturday night, while the forecast predicts rain in the central, western and southern areas will ease, officials said. “It came fast and it came furious.”Much of central Nova Scotia has seen severe flooding that deluged roads, forced water rescues and left “significant” property damage Saturday, Houston said.

Persons: “, Mike Savage, Premier Tim Houston, Houston, ” Houston, Darren Calabrese, ”, Kelly Ash, Savage, Fiona, Justin Trudeau, ” Trudeau, Nova, Nova Scotians Organizations: CNN, Halifax, Canadian Press, AP, CNN Canadian, CBC, Twitter, Houston, Nova Scotians Locations: Canadian, of Nova Scotia, Halifax, East Hants, West Hants, Lunenburg, Queens, Premier, Halifax , Nova Scotia, Nova Scotia, Houston

☆ Nova Scotia wrestles with aftermath of devastating floods
▼ + stars: | 2023-07-23 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

[1/2] Water flows through a washed-out culvert on the main CN Rail line which leads to the port of Halifax, after the heaviest rain to hit the Atlantic Canadian province of Nova Scotia in more than 50 years triggered floods, in Truro, Nova Scotia, Canada July 23, 2023. Nigel Gloade/Millbrook First... Read moreJuly 23 (Reuters) - The Atlantic Canada province of Nova Scotia began cleaning up on Sunday after torrential rainfall caused devastating flooding, while the search continued for four people including two children who went missing during the deluge. CBC meterologist Ryan Snoddon said it was the most rain to hit the provincial capital Halifax since Hurricane Beth in 1971. The resulting floods washed away roads, weakened bridges and swamped buildings, in what Nova Scotia premier Tim Houston described as "unimaginable damage"Nova Scotia declared a province-wide state of emergency late on Saturday night that will last until Aug. 5. Nova Scotia Power's outage map showed just over 5,000 customers were without electricity on Sunday, down from around 80,000 at the height of the storms.

Persons: Nigel Gloade, Read, CBC meterologist Ryan Snoddon, Hurricane Beth, Tim Houston, Nia Williams, Andrea Ricci Organizations: Atlantic, CBC, Hurricane, Nova, Royal Canadian Mounted Police, Thomson Locations: Halifax, Atlantic Canadian, of Nova Scotia, Truro , Nova Scotia, Canada, Millbrook, Atlantic Canada, Nova Scotia, British Columbia

☆ Nova Scotia says dam could breach, tells residents to get out
▼ + stars: | 2023-07-22 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, July 22 (Reuters) - Torrential rains lashing the Canadian Atlantic province of Nova Scotia threatened to overwhelm a dam on Saturday and caused major damage in parts of Halifax, the largest city. The province's emergency office said a dam near the St. Croix River system could breach and told local residents to evacuate immediately. The alert covers a large part of central Nova Scotia. "Dam overflow - Evacuation order for the St. Croix river system area. Dam at risk of breaching," the province's emergency management office said in a message sent to cellphones.

Persons: Mike Savage, Bill Blair, David Ljunggren, Daniel Wallis Organizations: OTTAWA, St, Twitter, Federal Emergencies Management, Environment, Thomson Locations: Atlantic, of Nova Scotia, Halifax, St, Croix, Nova Scotia, Environment Canada, Canada, United States

OTTAWA, July 22 (Reuters) - The heaviest rain to hit the Atlantic Canadian province of Nova Scotia in more than 50 years triggered floods causing "unimaginable" damage, and four people are missing, including two children, officials said on Saturday. "We have a scary, significant situation," said Nova Scotia Premier Tim Houston, adding that at least seven bridges would have to be replaced or rebuilt. Authorities have declared a state of emergency in Halifax, the largest city in Nova Scotia, and four other regions. [1/7]Rescue personnel operates, in this video screengrab, in Bedford, Nova Scotia, Canada, July 21, 2023. Early on Saturday, authorities in northern Nova Scotia ordered residents to evacuate amid fears that a dam near the St. Croix River system could breach.

Persons: Nova Scotia Premier Tim Houston, Houston, Justin Trudeau, Mike Savage, Ryan Snoddon, David Ljunggren, Daniel Wallis, Richard Chang, Paul Simao Organizations: OTTAWA, Atlantic, Nova, Nova Scotia Premier, Authorities, Rescue, Halifax, Environment, Canadian Broadcasting Corp, Thomson Locations: Atlantic Canadian, of Nova Scotia, Nova Scotia, Toronto, Ottawa, Canada, United States, Halifax, Bedford , Nova Scotia, Houston, Environment Canada, St, Croix

☆ Stocks making the biggest moves midday: Morgan Stanley, Bank of America, Charles Schwab and more
▼ + stars: | 2023-07-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Morgan Stanley — Shares of the James Gorman-led bank jumped more than 6% after the firm posted second-quarter earnings and revenue that topped analysts' expectations. Bank of America – Bank of America shares rose nearly 4% after the company reported second-quarter financial results. Bank of New York Mellon — Shares rose more than 4% after Bank of New York Mellon reported second-quarter revenue and profit that beat Wall Street's expectations. PNC Financial — Shares gained 2.6% after PNC Financial reported second-quarter earnings that topped Wall Street's earnings expectations but came in slightly short on revenue. The Swiss pharmaceutical firm reported second-quarter earnings that topped estimates, according to StreetAccount.

Persons: Charles Schwab, Morgan Stanley —, James Gorman, Morgan Stanley's, Refinitiv, PacWest, Bernstein, UnitedHealth, Pinterest, intraday, Masimo preannounced, Stifel, Lockheed Martin, Macheel, Sarah Min, Yun Li, Alex Harring, Michelle Fox Organizations: Bank of America – Bank of America, Regional Banking, Western Alliance, FB Financial, Verizon, AT, Bank of New York Mellon, PNC, PNC Financial, Novartis — U.S, Novartis, Sandoz, Masimo, Lockheed Locations: San Francisco , California, Swiss, FactSet

☆ How the Russian officer elite has been decimated in Ukraine — here are the generals and top commanders killed in action
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | Nathan Rennolds | ) www.businessinsider.com time to read: +16 min

Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Andrey KolesnikovUkraine's military said in a tweet that they killed Russian Maj. Gen. Andrey Kolesnikov. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022.

Persons: , Oleg Tsokov, Andrei Sukhovetsky Maj, Andrei Sukhovetsky, Sukhovetsky, Vitaly Gerasimov Maj, Vitaly Gerasimov, Alexander Nevsky, Andrey Kolesnikov Ukraine's, Andrey Kolesnikov, Oleg Mityaev Russia, Oleg Mityaev, Anton Gerashchenko, Andrei Mordvichev, Oleksiy Arestovych, Ramzan Kadyrov, Yakov Rezantsev, Illia Ponomarenko, Zelenskyy, Rezantsev, Dmitry Safronov Ukraine's, Dmitry Safronov, Denis Glebov, Glebov, Courage, Konstantin Zizevsky, Mikhail Vedernikov, Yuri Agarkov, Agarkov, Andrei Zakharov, Sergei Porokhnya, Gleb Garanich, Reuters Magomed, Magomed Tushaev, Putin, Vladimir Zhonga, Vladimir Zhoga, Sergei Sukharev, Sergei Krylov, Sukharev, Alexei, Alexei Sharov, Sharov, Sergey Bratchuk, Dmitry Dormidontov, Dmitry Pavlovich Dormidontov, Igor Zharov, Igor Igoshin, Zharov, Denis Kurilo, Kurilo, Anton Kuprin, Kuprin, Anton Gerashenko, Stringer, Denis Mezhuev, Vladimir Petrovich Frolov Maj, Gen, Vladimir Petrovich Frolov, Alexander Beglov, Fontanka, Miras, Miras Bashakov, Ivan Grishin, Vyacheslav Savinov, Savinov, Metin Aktas, Denis Kozlov, Kozlov, Andrei Simonov, Simonov, Roman Kutuzov Major, Roman Kutuzov, Alexander Sladkov, Tsargrad, Roman, Roman Berdnikov, Kutuzov, Volya, Kanamat, Botashev, Artem Nasbulin Maj, Artem Nasbulin, Serhiy Bratchuk, Tsokov, Михаил Ведерников Organizations: UK Defence Ministry, Service, British Defence Ministry, West, Storm, Russian, 7th Airborne Division, Combined Arms Army, Russian Federal Security Service, Arms Army, Interior Ministry, The New York Times, 8th General Army, Southern Military District of, Armed Forces, Twitter, Telegraph, Dmitry Safronov Ukraine's Ministry of Defense, Separate Marine Brigade, Russian Armed Forces, Ukraine's Defense Ministry, Airborne, 247th Guards Air Assault Regiment, Luhansk People's, 56th Air Assault Brigade, Guardian, 12th Engineer Brigade, Russian Armoured, Carrier, Reuters, The Daily Mail, Forces, Sparta Battalion, Donetsk People's, Daily Mail, 331st Guards Parachute, Ukraine, Ukraine's, Strategic Communication, Information Security, The Independent, 810th, Zhukov Brigade, Russian Marines, Evening, Local, 200th, Rifle Brigade, Black, Fleet, Russian Federation, Ukrainian, New York Times, 1st Guards, Banner, The Times, Kremlin, 8th Army, Aircraft Missile Brigade, Armed Forces of, Russian Missile Troops and Artillery, Russian Forces, Anadolu Agency, Getty, Separate Guards Engineers of Keningsbersko, Red Banner Brigade, Courage, Russian 2nd Army, Presidential, Russian Air Force, BBC, High Mobility Artillery, Southern Military District Locations: Russia, Ukraine, Wall, Silicon, Russian, Kharkiv, Mariupol, Chornobayivka, Kherson Airport, London, Yakov Rezantsev Ukraine, Kyiv, Chornobaivka, Ukrainian, Chuhuiv, Donbas, Donetsk, Luhansk, Pskov Region, Andrei Zakharov Ukraine, Ufa, Nova Husarivka, Chechen, Hostomel, Russia's Chechnya, Donetsk People's Republic, Volnovakha, Kostroma, Tatarstan, Pechenga, Sevastopol, St, Petersburg, St . Petersburg, Armed Forces of Ukraine, Izium, Kharkiv Oblast, Izyum, Ukraine's Donbas, Severodonetsk, Kherson, Berdyansk

Unlike the U.S., where home buyers can snag a 30-year mortgage, Canadian borrowers must renew their mortgages every five years at the prevailing interest rates. MORTGAGE DELINQUENCIES LOWLatest data released during the quarterly earnings showed mortgage delinquencies for all banks were low. Of the big six banks in Canada, Bank of Nova Scotia (BNS.TO) and National Bank of Canada (NA.TO) do not offer mortgage extensions, meaning the payment owed by the consumer goes up for each hike the BoC announces. Bank of Montreal (BMO.TO), CIBC (CM.TO) and TD Bank (TD.TO) each allow for negative amortization as rates rise. So it is working counter to what the Bank of Canada is trying to accomplish," Briggs added.

Persons: Greg Taylor, Desjardins, Mike Rizvanovic, Rizvanovic, Darcy Briggs, Briggs, Nivedita Balu, Josie Kao, David Gregorio Our Organizations: TORONTO, Bank, Purpose Investments, Bank of Nova, National Bank of Canada, BoC, RBC, Scotiabank, National Bank, Bank of Montreal, CIBC, TD Bank, Desjardins . Royal Bank of Canada, BMO, Franklin Templeton, Bank of Canada, Thomson Locations: U.S, Canada, Bank of Nova Scotia, Franklin Templeton Canada, Toronto

☆ Wimbledon curfew: what is it and what does it mean?
▼ + stars: | 2023-07-10 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

18 Hubert Hurkacz at Wimbledon, play was stopped for the day. What is the curfew at Wimbledon? Already at this year’s Wimbledon, two matches haven fallen foul of the curfew. And after Murray had won the third set to take a 2-1 lead, the match was stopped approximately 20 minutes before the curfew. The other match to be suspended because of the curfew was Djokovic’s clash with Hurkacz on Sunday.

Persons: Novak Djokovic, Hubert Hurkacz, Andy Murray, Liam Broady’s, Casper Ruud, Alize, Elena Rybakina, Murray, Tsitsipas, Carlos Alcaraz, Glyn Kirk, Andrey Rublev, Alexander Bublik, Iga Świątek, Belinda Bencic, Djokovic, Hurkacz, Marcos Baghdatis, Merton, Stephen Alambritis, ”, ” Alambritis Organizations: CNN —, Wimbledon, Lawn Tennis, –, Australian, Croquet Club, Stefanos, Tsitsipas, Getty, Center Court, All England Club, Wimbledon Guardian Locations: Serbian, AFP

☆ Novavax stock spikes 20% after company snags $350 million from Canada for unused Covid shots
▼ + stars: | 2023-07-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

It's unclear how many doses of Novavax's jab – its only commercially available product after 35 years – went unused. Under the amended agreement, Novavax will also provide Canada with fewer doses of its vaccine on a revised delivery schedule. In May, Novavax adopted a more positive outlook and announced a sweeping cost-cutting plan alongside its first-quarter earnings report. Novavax's stock price jumped around 30% on that news, but Wall Street hasn't entirely bought into the recovery plan: The company's stock price is still down roughly 15% since the start of the year after shedding more than 90% of its value in 2022. Novavax still faces a number of challenges ahead, including competing with Pfizer and Moderna in the commercial Covid vaccine market and a pending $700 million arbitration over a canceled vaccine purchase agreement.

Persons: –, Novavax Organizations: SEC, Canadian, Securities and Exchange Commission, Pfizer, Moderna Locations: Maryland, Canada

☆ Fans get inked for lasting impressions of Wimbledon
▼ + stars: | 2023-07-07 | by ( Christian Radnedge | ) www.reuters.com time to read: +2 min

A local tattoo studio has taken the opportunity of its proximity to the All England Club by offering walk-in appointments throughout the two weeks of the tournament, having heavily advertised on social media in the build-up. Those getting inked will not even have to worry about missing any play as screens inside the studio will be showing the action from the tournament. "We've had loads of people from all over, I had someone from China messaged me saying they wanted a Wimbledon tattoo, as in the tennis rackets," Wimbledon Tattoo Studio co-owner Jack McGoldrick told Reuters at the All England Club. "We had someone from America that wanted a Wimbledon theme tattoo, a tennis ball saying SW19 in it. We said yeah, we'll do a discount on anything that's tennis related, because obviously it promotes the shop and because we're round the corner from Wimbledon."

Persons: Jack McGoldrick, Novak Djokovic, Iga, We're, we'd, they're, Roger Federer, Tim Henman, McGoldrick, Henman, Christian Radnedge, Ed Osmond Organizations: Wimbledon, All England Club, Reuters, All England, Thomson Locations: China, America, Wimbledon, London, England, British

☆ Ukraine and Russia should stop using cluster bombs, Human Rights Watch says
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

Human Rights Watch, an international advocacy group, called on both Russia and Ukraine to stop using the weapons, and urged the U.S. not to supply them. Russia, Ukraine and the U.S. have all to declined to sign the treaty. Ukraine fired cluster munition rockets into Russian-controlled areas in and around the eastern Ukrainian city of Izium last year after Russia invaded Ukraine, Human Rights Watch said, citing interviews with more than 100 residents, witnesses and local emergency personnel. The Ukrainian attacks killed at least eight civilians and wounded at least 15 civilians in Izium, Human Rights Watch said. The group has previously reported that Russia's use of cluster munitions in Ukraine has killed scores of civilians, and the United Nations' Human Rights Council has also documented the use of such bombs by both sides.

Persons: Anna Voitenko, Mary Wareham, Joe Biden's, Jonathan Allen, Simon Cameron, Moore Organizations: REUTERS, Human Rights Watch, Rights Watch, U.S, Pentagon, Russian, United Nations, Human Rights, Thomson Locations: Nova Zoria, Ukraine, Kherson region, U.S, Russia, Kyiv, Russian, Ukrainian, Izium, New York

☆ Alcaraz blasts past Chardy into second round
▼ + stars: | 2023-07-04 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

Under the roof, the 20-year-old Alcaraz subjected the unfortunate Chardy to a high-profile pummelling, firing down ferocious serves and rasping forehands with frightening power. Chardy, the former world number 25 who reached the fourth round here in 2014 and boasts a win over Federer, finally got on the scoreboard with a service hold greeted by warm applause. Tougher tests will come for Alcaraz with the likes of Germany's Alexander Zverev and Alex de Minaur lurking in his section of the draw. He has that game style and consistency and then he's also the showman," the Australian told the BBC. "He's got a bit of Novak, he's got a bit of me and a bit of Rafa.

Persons: Spain’s Carlos Alcaraz, France’s Jeremy Chardy, Andrew Couldridge, Carlos Alcaraz, Jeremy Chardy, Roger Federer, Alcaraz, Chardy, Germany's Alexander Zverev, Alex de Minaur, Nick Kyrgios, He's, he's, Novak, Rafa, It's, Martyn Herman, Ed Osmond Organizations: Lawn Tennis, Croquet Club, Spaniard, Federer, BBC, Thomson Locations: London, Britain

☆ Wimbledon 2023: The favorites to win the championships, the main challengers and how to watch
▼ + stars: | 2023-07-02 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

Despite struggling for form in the lead up to the French Open, Djokovic found his A-game when it mattered most in Paris and looked largely unstoppable. Lisi Niesner/ReutersRybakina became the first player from Kazakhstan to win a grand slam title after beating Ons Jabeur in three sets in last year’s Wimbledon final, catapulting her to stardom overnight. Belarussian Sabalenka and Poland’s Iga Świątek are joint favorites to win the title alongside Rybakina, according to bookmakers. Sabalenka has three titles to her name this year, including that maiden grand slam in Australia, and has matched her career-high of No. Iga Swiatek is a four-time grand slam champion but is yet to win Wimbledon.

Persons: Novak, Roger Federer’s, –, Björn Borg –, Djokovic, Spain’s Carlos Alcaraz, Garros, Carlos Alcaraz, Susan Mullane, Reuters Alcaraz, Alcaraz, – Daniil Medvedev, Stefanos Tsitsipas, Casper Ruud, Holger Rune, Frances Tiafoe, Julian Finney, Francis Tiafoe, Chile’s Nicolas Jarry, Elena Rybakina, Donna Vekić, hadn’t, Kazakhstan's Elena Rybakina, Linda Noskova, Lisi Niesner, Reuters Rybakina, Belarussian, Iga, Rybakina, Sabalenka, Aryna Sabalenka, agains Karolina Muchova, Veronika Kudermetova, Świątek, Tatjana Mariana, hasn’t, Joaquim Ferreira, Coco Gauff, Ekaterina Alexandrova, Madison Keys Organizations: CNN — Tennis, All England Club, Wimbledon, Roland, Queen's, USA, Sports, Reuters, Queen’s, Getty, Stuttgart, Eastbourne International, Czech, Stade Roland, Bad, Junior Wimbledon, Bernarda Pera, BBC, ESPN, Tennis Channel Locations: London, Paris, Germany, Wimbledon, Kazakhstan, Australia, United Kingdom

☆ Fact Check-The Guardian did not publish article on tax hike during Titan sub search
▼ + stars: | 2023-06-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The Guardian did not publish an article calling for a tax hike on wealthy individuals during the search for the Titan submersible as suggested in a screenshot circulating online. However, no such headline was published by The Guardian, a spokesperson for the media group told Reuters. Archived versions of The Guardian homepage saved during the search for the Titan in June 2023 also do not reveal the headline (here). The most recent article penned by Sarkar for The Guardian was published in September 2021 (here). The headline in the fabricated screenshot paraphrases a tweet by a journalist, but no such headline was published by The Guardian.

Persons: Ash Sarkar, Sarkar, Read Organizations: Guardian, The Guardian, Titanic, Novara Media, Reuters, The

Variable rate mortgages in Canada typically require borrowers to make regular payments in fixed amounts. WHAT IS THE EXTENT OF MORTGAGE AMORTIZATION EXTENSION? Both banks had no variable-rate mortgages with amortizations greater than 30 years prior to the start of rate hikes. If interest rates stay high over the next few years, as the central bank has warned, it raises questions about customers' ability to service bigger than anticipated debt at higher rates during renewals. The big banks said most customers are able to cope with higher interest rates as they had passed a rigorous stress test to handle higher interest rates.

Persons: Royce Mendes, Carolyn Rogers, OSFI, Nivedita Balu, Fergal Smith, Steve Scherer, Denny Thomas, Conor Humphries Organizations: TORONTO, Statistics Canada, Royal Bank of Canada, CIBC, Bank of Nova, National Bank, Bank of Canada, BoC, Thomson Locations: Canada, United States, Bank of Nova Scotia, amortization, Toronto, Ottawa

Those aboard the submersible called Titan, the highlight of a tourist expedition that costs $250,000 per person, included British billionaire Hamish Harding and Pakistani businessman Shahzada Dawood with his son Suleman. The wreckage of the Titanic that sank in 1912 after hitting an iceberg lies at about 12,500 feet (3,810 metres). OceanGate Expeditions, the private company that operates the submersible, said it was "mobilizing all options" to rescue those aboard the Titan. Reuters GraphicsBILLIONAIRE ABOARDThe expeditions to the Titanic start in St. John's, Newfoundland, before heading out about 400 miles (640 km) into the Atlantic to the wreckage site, OceanGate's website says. Harding's stepson later wrote on Facebook that Harding had "gone missing on submarine" and asked for "thoughts and prayers".

Persons: Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, John Mauger, Harding, Dawood, Joseph Ax, Kanishka Singh, Ismail Shakil, Edmund Blair, Janet Lawrence Organizations: Discovery, U.S . Coast Guard, Stockton Rush, Expeditions, Twitter, Reuters Graphics, Action Aviation, Facebook, Engro Corporation, SETI, Thomson Locations: Nova Scotia, Canada, U.S, ., Cape Cod, St, John's, Newfoundland, UAE, California, Britain, Washington, Shahid, Karachi

☆ Rescuers race against time to find the missing sub in the Atlantic bound for the Titanic site
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: +10 min

Rescuers in a remote area of the Atlantic Ocean raced against time early Tuesday to find a missing submersible carrying five people on a mission to document the wreckage of the Titanic. OceanGate's expeditions to the Titanic wreck site include archaeologists and marine biologists. Gallo identified Nargeolet, a friend who has led multiple expeditions to the Titanic, on Tuesday during an interview with CNN. OceanGate hired the Polar Prince to ferry dozens of people and the submersible craft to the North Atlantic wreck site. CBS journalist David Pogue, who went on the trip last year, noted his vessel got turned around looking for the Titanic.

Persons: Mauger, NBC's, John Mauger, David Concannon, John's, Concannon, OceanGate, Hamish Harding, Harding, Mark Butler, Butler, Victor Vescovo, Mariana, Richard Garriott de Cayeux, Shahzada Dawood, Suleman, Allah, Paul, Henry Nargeolet, David Gallo, Gallo, David Pogue, Pogue, Mike Reiss, Alistair Greig, submersibles, Greig Organizations: Discovery, U.S . Coast Guard, OceanGate Expeditions, Authorities, Rescue Coordination Center, Rescuers, Polar, Canadian Boeing, Twitter, U.S, Lockheed, The Associated Press, AP, Coast Guard, United Arab, Action Aviation, World Records, Shepard, The Explorers, SETI Institute, CNN, CBS, University College London Locations: Nova Scotia, British, St, John's, Newfoundland, Canadian, Bahamas, Dubai, United Arab Emirates, California, Virginia

☆ Pfizer, Moderna and Novavax gear up for fall Covid vaccine rollout with an important head start
▼ + stars: | 2023-06-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

But facing pressure to deliver new shots by the fall, Pfizer, Moderna and Novavax began development on versions of their vaccines targeting XBB.1.5 months before the FDA's decision. That doesn't include Johnson & Johnson , a once-leading Covid vaccine developer. Moderna expects a minimum of $5 billion in revenue from its Covid vaccine, its only available product. The cash-strapped company won U.S. approval for its Covid vaccine under emergency use just last year due to regulatory and manufacturing delays. The company hopes to rake in $1.06 billion to $1.24 billion in sales of its Covid vaccine this year.

Persons: Novavax, Dr, Melinda Wharton, Johnson Organizations: Chicago Department of Public Health, Southwest Senior Center, The U.S . Food, Pfizer, Moderna, FDA, Centers for Disease Control, National Center, Manufacturers, U.S, Moderna's Locations: COVID, Chicago , Illinois, The U.S, Novavax, U.S

☆ Covid vaccine maker Novavax sees a pathway to survival – but it won’t be easy
▼ + stars: | 2023-06-14 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +10 min

Jakub Porzycki | NurPhoto | Getty ImagesNovavax has a clear message for Wall Street: The cash-strapped Covid vaccine maker sees a pathway to survival. The 36-year-old company will continue to rely on its protein-based Covid vaccine – its only commercially available product – for most of its revenue this year. Once the U.S. government's supply of free Covid vaccines runs out, all three companies will sell updated shots directly to health-care providers. A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. But Taylor emphasized that the plan will help Novavax refocus on its top priority: delivering an updated vaccine in the coming months.

Persons: Jakub Porzycki, Novavax, Covid, Cowen, Brendan Smith, John Jacobs, Smith, that's, Silvia Taylor, Taylor, Jefferies, Roger Song, Patrick Van Katwijk, Mayank Mamtani, let's, Mamtani, Let's, Song, Ding Genhou Organizations: NurPhoto, Getty, Pfizer, Moderna, CNBC, Food and Drug Administration, World Health Organization, FDA, Dutch Health Service Organization, Riley Securities, U.S, Centers for Disease Control, CDC, Reuters, Visual China Locations: Krakow, Poland, Maryland, U.S, The Hague, Netherlands, Moderna, Geneva, Hohhot, Inner Mongolia Autonomous Region, China

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