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This winter, health officials have warned of what has been dubbed a tripledemic of influenza, RSV and continued COVID-19 cases, adding to the pressure on over-burdened health services. In Wales, for instance, there were 111.6 confirmed RSV cases per 100,000 in children aged under five in the week ending Nov. 27. In the week ended Dec 18, European cases rose 7% over the week prior, according to ECDC figures. But scientists are concerned that social interaction during the festive season could lead to further increases in respiratory infections, especially as people meet vulnerable elderly relatives. As an added complication, viral respiratory infections can predispose patients to bacterial infections, just when some common antibiotics that can treat them are in short supply in Europe.
Reps. Marjorie Taylor Greene and Lauren Boebert want in on the GOP oversight blitz. the Oversight Committee member said of the need to keep congressional probes above board. McCarthy's office has repeatedly told Insider that the House GOP steering committee, which McCarthy leads, will handle assignments for the next Congress "at the appropriate time." Aaron Cutler, a former House GOP leadership aide and now partner at Hogan Lovells, urged House Republicans to avoid "focusing on the wrong things," and to cut bait if needed. Michael Reynolds-Pool/Getty ImagesGiven that some sort of spectacle is probably unavoidable at this point, Roe urged House Republicans to tread carefully.
CNN —Any discussion of “Emancipation” will inevitably be clouded by the Will Smith of it all, and Apple’s decision to release the movie into the teeth of awards season. Taken to work laying railroad track, Peter overhears word of Lincoln’s pronouncement and realizes his best chance at freedom involves reaching the Union Army in Baton Rouge. Effectively adopting a Haitian accent, Smith captures the physicality of the role, and Peter’s defiance toward his captors without uttering a word. “Emancipation” premieres December 2 in US theaters and December 9 on Apple TV+. It’s rated R. (Disclosure: The writer’s spouse works for a unit of Apple.)
It's become one of the loudest and most crowded spaces as niche startups score big investments. Insider spoke with VCs to get their unfiltered thoughts on which startups were worth watching. The goal was to come to a consensus from investors of which startups they're watching most closely and why in an explosive landscape with dozens of companies. The investors spoke on condition of anonymity so they could talk more candidly about the startups, both those in their portfolios and competing firms, and descriptions are based off insights from multiple investors. Here's what investors are saying about 28 of the buzziest machine-learning and big-data startups, listed from least to most capital raised:
Contrary to intutition, bear market rallies may make it tougher for investors to do their jobs. Morningstar shared 14 stocks that are still cheap, despite beating the market. Then, they whittled that list down to the stocks that Morningstar analysts considered undervalued. Finally, Morningstar analysts highlighted AstraZeneca (AZN), noting its strong pipeline and its development of drugs that carry high pricing power. The full list of Morningstar's 14 undervalued bear market stars is below, along with each firm's ticker, sector, bear market return, and price discount.
TOKYO, Nov 22 (Reuters) - Japan's weighted median inflation rate, which is closely watched as an indicator on whether price rises are broadening, hit a record 1.1% in October in a sign of heightening inflationary pressure from rising raw material and labour costs. The 1.1% year-on-year rise in the weighted median inflation was the fastest pace on record and followed a 0.5% increase in September, BOJ data showed on Tuesday. Japan's weighted median inflation rate hovered around zero for the past two decades, as firms held off on price hikes for fear of scaring away cost-sensitive consumers. Unlike the consumer price index (CPI) which is swayed by fuel and energy costs, the weighted median inflation rate is useful to trace how broadly prices are rising. In a research note published in 2015, the BOJ said the weighted median inflation rate would rise more only if inflation expectations heighten, and people begin to assume that prices will continue to rise sustainably.
The stock market is still a long way from hitting a bottom, Goldman Sachs' Peter Oppenheimer warned. Meanwhile, markets are similarly far off from seeing interest rates come down. "We don't think we've hit yet the sort of conditions that we would typically see in a genuine trough in the bear market." That's because companies are still struggling with high interest rates and a soaring US dollar. But he warned investors of more volatility ahead until interest rates start to coming down.
Goldman Sachs says the current rally in global stocks is temporary, forecasting a market bottom in 2023. By December 2023, Goldman Sachs expects the S & P 500 to rise to 4,000 points — that's just 0.9% higher than Friday's close. Goldman's prediction is similar to Morgan Stanley's call on the S & P 500. Its Chief U.S. Equity Strategist Mike Wilson expects the S & P 500 to rise to 3,900 by the end of next year. Goldman said it was more concerned over the potential "damage" from the speed of interest rate hikes this year — from 0.25% to 3.75%-4% — than the actual rate.
The US economy won't feel the impact of the Fed's tightening until 2023, Peter Orszag told CNBC. If inflation is coming down anyway, it will be walloped by unneeded monetary policy, the Lazard CEO said. The lame-duck Congress needs to move on the debt limit soon — otherwise, it's "playing with matches." "The point is, if inflation is coming down anyway, then you're going to get walloped with the lagged effect of the monetary policy tightening, when you don't really need it," he said. "I would highlight the imperative on the debt limit in particular.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe haven't seen the lagged effect of Fed tightening, says Lazard's Peter OrszagLazard's Peter Orszag joins 'Closing Bell' to discuss the today's market rally and the midterm election's impact on the market.
Reuters —The National Football League said it could have sold over 3 million tickets for the first regular season game ever in Germany between the Tampa Bay Buccaneers and Seattle Seahawks on Sunday proving again that Tom Brady can attract a crowd. “He is clearly a worldwide superstar who not only the many rabid fans in Germany are aware of but the casual fan. While Brady is the number one attraction German fans will be treated to a marquee matchup. “I know we learn something every game we play about the capacity we have to play games there (Europe),” said O’Reilly. “Should the opportunity arise everything around us makes us smarter and better regarding the possibility of potentially a franchise outside the U.S.”
Nov 9 (Reuters) - The National Football League said it could have sold over 3 million tickets for the first regular season game ever in Germany between the Tampa Bay Buccaneers and Seattle Seahawks on Sunday proving again that Tom Brady can attract a crowd. "He is clearly a worldwide superstar who not only the many rabid fans in Germany are aware of but the casual fan. "Anybody on the street is aware of Tom Brady." While Brady is the number one attraction German fans will be treated to a marquee matchup. "I know we learn something every game we play about the capacity we have to play games there (Europe)," said O’Reilly.
Leslie Phillips, the British actor in the “Harry Potter” and “Carry On” films, has died following a long illness. Phillips, who was the voice of the Sorting Hat in the “Harry Potter” films, starred in over 200 movies, TV and radio series during a career that spanned more than 80 years. From left, actors Jodie Whittaker, Leslie Phillips and Richard Griffiths on Feb. 8, 2007, in London. He was mobbed everywhere he went,” Zara said to the newspaper. Leslie Phillips and Jon Pertwee promote their BBC radio show 'Navy Lark' in London on March 26, 1969.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAccounting for lead time when calculating the pace of monetary policy with Lazard's Peter OrszagPeter Orszag, Lazard Financial Advisory CEO, joins 'Closing Bell' to discuss tightening of central bank monetary policy, the cooling effect of dollar strengthening, and material declines in residential and non-residential investments.
Central banks are relentlessly hiking interest rates to rein in inflation — even at the expense of economic growth — prompting fears of a recession. "Concerns on sticky inflation and a tight labor market have focused investor attention on implications for rising rates and recession risk. Those stocks have high and expanding cash return on capital invested and return on equity, according to the bank. BlackRock says that's now an 'obsolete' strategy Investors keen to add growth names to their portfolio could also look to Goldman's list of high growth stocks. The bank also identified high growth names that are trading at an attractive valuation, including Watches of Switzerland and Standard Chartered .
Small-cap stocks are having a difficult time, even by this year's bear market standard. But Goldman Sachs ' Peter Oppenheimer believes the worst could be over for smaller companies, and names several stocks he likes within the space. "Small caps are down 34% year-to-date. Investors hoping for a respite in the fortunes of small caps could be in for a longer wait, however. Global stock picks While a turnaround in small caps may not be imminent, Oppenheimer believes the sector now looks "inexpensive."
The next month, he was named deputy director, the highest-ranking official under FBI Director Christopher Wray. But sources close to the investigation have told NBC News that there have been some special agents in the country who have resisted Jan. 6 cases. Many special agents have been very proactive, while others in various field offices have engaged in half-hearted investigative efforts and seem content to let things peter out, the sources said. After receiving support from 30 former FBI special agents, Friend joined Trump’s Truth Social platform this week, where he was welcomed by Kyle Seraphin, another suspended FBI special agent who joined Truth Social and did an interview with conservative firebrand Dan Bongino after his suspension. A tip the FBI received about the Proud Boys ahead of Jan. 6, highlighted by the committee, was even starker.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets have not seen a final trough, says Goldman Sachs' Peter OppenheimerPeter Oppenheimer, chief global equity strategist at Goldman Sachs, joins CNBC's 'Squawk Box' to break down his market outlook ahead of the open.
Abuja, Nigeria Reuters —Nigeria’s main opposition leader Atiku Abubakar launched his presidential election campaign on Wednesday calling for a sweeping victory to save the country from a “frightening descent” into anarchy. Official election campaigning started on Wednesday, ahead of a February presidential vote to choose a successor to President Muhammadu Buhari, who is serving a final second term. Abubakar, 75, and a former vice president between 1999-2007 is running for the third time. “We have a plan to address these issues,” Abubakar said at a ceremony to start his campaign. Polls in Nigeria are unreliable, but Tinubu and Abubakar - both septuagenarian political veterans - lead the two biggest political parties that have ruled Nigeria since the return to democratic rule in 1999.
A former Navy engineer accused of trying to sell sensitive secrets about the Navy's nuclear-powered submarines to a foreign country by hiding them in a peanut butter sandwich changed his plea to guilty, federal court documents reveal. Jonathan Toebbe's wife, Diana Toebbe, also pleaded guilty after she was accused of helping him conduct surveillance to determine whether they were being followed. Jose Luis Magana / AP fileAt the time, the deal would have sent Jonathan Toebbe to prison for 12 years, while Diana Toebbe was to serve three years. The complaint described another instance where Jonathan Toebbe put the card in a chewing gum package. If the court doesn’t accept the latest plea agreement, Jonathan and Diana Toebbe would again have the right to withdraw their guilty pleas.
Grab expects to break-even on adjusted EBIDTA by H2 2024 - CFO
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +1 min
A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman DagaSINGAPORE, Sept 27 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, expects to break even on its adjusted EBIDTA by the second half of 2024 as it accelerates toward profitability, company officials said on Tuesday. Its group adjusted EBIDTA loss is expected to be $380 million for the second half of 2022, a 27% improvement compared with the first half of the year. "Our cash position is not something that we take for granted. Grab, which listed on the Nasdaq in December following a record $40 billion merger with a blank-check company, has been under investor pressure to stem losses from its decade-old business.
Peter Obi, a former governor of Anambra, is running in Nigeria's presidential race. He discusses his objectives for the country with CNN's Zain Asher.
Petrocub Hâncești și Dinamo-Auto Tiraspol sunt primele două semifinaliste ale Cupei Moldovei la fotbal. Ambele formații și-au învins adversarii după prelungiri cu același scor 2-1.Deținătoarea trofeului, Petrocub a eliminat-o din competiție pe FC Florești. Petrocub a dat lovitura în minutul 103 prin Vadim Gulceac, care a stabilit scorul final. "Dinamo-Auto Tiraspol a reușit o calificare dramatică în următoare fază a competiției. Jucătorul echipei Codru, Peter Oluka s-a prăbușit pe teren după ce a fost lovit puternic cu mingea în plingă figură.
Persons: Petrocub, Eugeniu Rebenja, Hânceștenii, Mihail, Vadim Gulceac, Codru, Peter Oluka, Fotbalistul, Egor Kondratiuk.Atât, Gheorghe Organizations: Dinamo - Auto, Cupei, FC Florești, Dinamo, Auto, Sheriff Tiraspol Locations: Petrocub Hâncești, Dinamo - Auto Tiraspol, Cupei Moldovei, Tighina, Auto Tiraspol, Codru Lozova, Orhei, Nisporeni
Trupa lui Jose Mourinho a fost învinsă surprinzător de Dinamo Zagreb, scor 0-3, și eliminată în optimile de finală ale competiției. În partida de aseară, croații au defilat, iar eroul lor a fost atacantul Mislav Orsic. În cel mai așteptat meci al optimilor de finală, AC Milan a cedat pe teren propriu în fața lui Manchester United cu 0-1 și a părăsit competiția. Șahtar Donețk a pierdut și al doilea meci cu AS Roma cu 1-2 și a fost eliminat cu scorul general de 1-5. În minutul 61, a fost trimis la cabine Kemar Roofe, iar în minutul 73 - Leon Balogun.
Persons: Tottenham Hotspur, Jose Mourinho, Paul Pogba, Oleg Reabciuk, Reabciuk, Peter Olayinka, Nicolae Stanciu, Leon Balogun Organizations: Liga Europei, Dinamo Zagreb, AC Milan, Manchester United, Olympiacos Pireu, Arsenal Londra, Șahtar, AS Roma, Dinamo Kiev, Villarreal, Glasgow Rangers, Slavia Praga, Rangers, aseară Ajax Amsterdam, Young Locations: Stadium, Ucraina, Șahtar Donețk, aseară, Granada, Molde
Poliţia Română de Frontieră a comunicat că măsura a fost instituită până în anul 2021 „ca urmare a unor acte care se constituie în ameninţări la adresa securităţii naţionale”. România a fost primul stat care a ratificat această Convenţie. Comisia Europeană a fost susţinută de Republica Elenă, România şi Republica Slovacă(intervenienţi). Termenul limită a fost 07.05.2020. Pragul a fost atins doar în Ungaria, Slovacia şi România.
Persons: Balázs, Balázs - Árpád Izsák, Attila, Péter, ., UDMR Attila Korodi, Attila Dabis, Ulterior, Bogdan Aurescu, Cristian Jura, Art, Cristian, Ea, CJUE, Viktor Orban îşi, Paul Gologan, Alexandru, Alexandru Ioan Cuza Organizations: UDMR, Secuiesc, Apel, CNCD, MAE, Carta, Art, Europene, Uniunea Europeană, Uniunii Europene, UE, Europeană, României, Alexandru Ioan, - Politice Locations: Balázs -, România, Ungaria, Secuiesc, Slovacia, Péter Õry, Spania, Ţara Bascilor, României, Ungaria de Sus, Regat, Ungariei, Catalonia, Ţara, român, Uniunii, Europa, minorităţii, www.eurominority.com, maghiar, Cristian Jura, atenţie, Kosovo, Crimeea, Donbas, Nagorno - Karabah, Abhazia, Osetia de Sud, UE, Ilfov, naţională, indicativă, Judeţul Covasna, Bretagne, Bretaniei, Slovaciei, Republica Elenă, Republica Slovacă, Poloniei, iniţiativa, Alba Iulia, UDMR, Budapesta, Iaşi
Total: 25