People walk by the New York Stock Exchange in lower Manhattan on Oct. 5, 2020 in New York City. Angela Weiss | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes were mostly flat early Monday as investors braced for one of the busiest weeks of […]
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UAE could stay on the UK’s travel ‘red list’ indefinitely, and mixed messages are stoking confusion
Dubai is known for its modern architecture, including the Burj Khalifa, which at 2,700 feet tall is nearly twice the height of the Empire State Building. Fraser Hall | The Image Bank | Getty Images DUBAI, United Arab Emirates — The United Arab Emirates’ potentially indefinite status on the U.K.’s […]
India reports record Covid cases for a fifth straight day with more than 350,000 new infections
Medical staff in PPE attending to a person in the temporary Covid-19 care centre attached to LNJP Hospital, at Shehnai Banquet Hall, on April 23, 2021 in New Delhi, India. Raj K Raj | Hindustan Times | Getty Images India reported a record number of Covid-19 cases for the fifth […]
Chloe Zhao becomes second woman to win best director at Academy Awards
Director/Producer Chloe Zhao, winner of Best Picture for “Nomadland,” poses in the press room at the Oscars on Sunday, April 25, 2021, at Union Station in Los Angeles. Pool | Getty Images Entertainment | Getty Images Chloe Zhao made history at the Academy Awards on Sunday. The director of “Nomadland” […]
Netflix snags 7 awards, nearly doubling its all-time Oscars tally
Viola Davis stars in Netflix’s “Ma Rainey’s Black Bottom.” Netflix In one night, Netflix has nearly doubled its number of Oscar wins. Heading into Sunday’s 93rd annual Academy Awards ceremony, the streaming service had 36 Oscar nominations across 17 films — the most of any distributor in this year’s slate. […]
Huawei pivots to software with Google-like ambitions as U.S. sanctions hit hardware business
The Huawei logo is seen at the IFA consumer technology fair, amid the coronavirus disease (COVID-19) outbreak, in Berlin, Germany September 3, 2020. Michele Tantussi | Reuters GUANGZHOU, China — Huawei is boosting its efforts in software areas like cloud computing and smart cars as U.S. sanctions hurt its hardware […]
Stock futures calm in anticipation of big earnings week
People walk by the New York Stock Exchange in lower Manhattan on Oct. 5, 2020 in New York City. Angela Weiss | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Sunday evening as investors braced for […]
10-year Treasury yields will break out of slump within weeks, Wells Fargo predicts
The 10-year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the past several weeks, Wells Fargo Securities’ Michael Schumacher predicts the current risk backdrop will re-energize yields in the coming weeks. He lists the Federal Reserve’s high level of comfortableness surrounding […]
U.S. to give India raw materials for vaccines, medical supplies to help fight Covid surge
Medical workers in personal cover protective equipment (PPE) stand alert mode outside the Covid-19 ward at Sir Ganga Ram Hospital on April 22, 2021 in New Delhi, India. Sonu Mehta | Hindustan Times | Getty Images WASHINGTON – The Biden administration said that it will immediately make raw materials needed […]
Democrat Manchin praises GOP infrastructure proposal, backs targeted approach
U.S. Senator Joe Manchin (D-WV) addresses a news conference at the end of an ‘infrastructure summit’ of a bipartisan group of governors, U.S. senators, and members of the Congressional Problem Solvers Caucus convened by Maryland Governor Larry Hogan at the Government House in Annapolis, Maryland, April 23, 2021. Jonathan Ernst […]