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Showing posts from September, 2022

Chinese carmaker Geely takes 8% stake in Aston Martin - Financial Times

Geely has taken a stake of almost 8 per cent in Aston Martin, building a holding in the luxury carmaker long sought by the Chinese auto group. The company, which owns carmakers including Lotus and Volvo, bought into Aston during the recent £654mn rights issue, and will now try to collaborate with the UK group on some technologies. The stakebuilding comes after several rebuffed attempts by Geely to buy into Aston in recent years, most recently over the summer. The Chinese group has long been seen in the market as a potential acquirer of the company, should chair Lawrence Stroll wish to sell. On Friday, Stroll issued a statement concluding the fundraising, and welcoming Saudi Arabia’s Public Investment Fund, which he described as “one of the leading global investment funds”, into the business as an “anchor shareholder”. At the end of his statement, Stroll said he also “would like to welcome Geely Holding, who have today announced that they have become a shareholder”. The company doe

Dow Jones Futures Rise As Treasury Yields Fall With Inflation Data Due; Nike Dives On Inventories | Investor's Business Daily - Investor's Business Daily

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled on your browser and that you are not blocking them from loading. Reference ID: #e7a1b0dd-40b7-11ed-85c7-6d45537a5477 Continue reading here

Sky Sports to remain home of Formula 1 until 2029 after deal extended in all Sky markets - Sky Sports

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Sky announces multi-year extension of broadcast partnership with Formula 1; Sky Sports will remain exclusive home of F1 in the UK & Ireland until 2029, while Sky Deutschland and Sky Italia will retain rights until 2027 with greater exclusivity Last Updated: 30/09/22 10:19am Sky Sports will remain the exclusive home of Formula 1 in the UK and Ireland until 2029 after Sky extended its partnership with the sport. The multi-year extension also cements Sky as the official broadcaster of F1 in all Sky markets, with Sky Italia and Sky Deutschland, Austria and Switzerland retaining rights until the end of 2027 with greater exclusivity. As part of the award-winning coverage, all races, qualifying and practice sessions will continue to be exclusively live on Sky Sports F1, while live home nation races and highlights of all other races will be shared on free-to-air. Ultra HD coverage of every race is also available on Sky Q and Sky Glass. Stefano Domenicali, President and C

European markets climb, looking for relief rally after global sell-off; Stoxx 600 up 1% - CNBC

LONDON ― European markets advanced on Friday, gaining some respite from a torrid week as the third quarter drew to a close. The pan-European Stoxx 600 added 1% in early trade, with oil and gas stocks climbing 2.2% to lead gains as all sectors and major bourses entered positive territory. Global stocks struggled in recent sessions amid fears over slowing growth and aggressive monetary policy tightening. The widespread sell-off on Wall Street continued on Thursday, with all three major averages falling sharply as investors assessed the outlook for future rate-hiking decisions from the U.S. Federal Reserve and their impact on the markets. The S&P 500 hit a fresh low for the year. Stock futures were mixed in early premarket trade on Friday. Shares in Asia-Pacific also retreated on Friday following the overnight plunge stateside, though new data showed Chinese factory activity unexpectedly expanded in August. Investor focus in Europe on Friday will shift to initial euro zone

Tottenham Hotspur manager Antonio Conte slams Juventus links: This is disrespectful - India Today

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Antonio Conte has slammed the reports linking him to the job at Juventus, saying that it is disrespectful to him and Allegri. The Bianconeri boss is under serious pressure as the Turin-based club have started the season in poor form. Conte is unhappy with the links to Juventus (Courtesy: Reuters) HIGHLIGHTS Allegri's position at Juventus is under serious threat Conte is unhappy with the links to the Bianconeri The Spurs boss said he will make decision on his future at the right time Tottenham Hotspur manager Antonio Conte has slammed the reports linking him with a move back to taking up the job at Juventus, saying that it is disrespectful towards him and Massimiliano Allegri. Allegri's position as the manager of the Bianconeri has come under serious scrutiny after a string of lacklustre performances since the beginning of the new campaign. Juventus find themselves eighth in the points table with just 10 points from seven matches. Their season reached a new

Women's Asia Cup LIVE Broadcast on Star Sports, IND-W vs SL-W LIVE Streaming starts 1PM: Follow ASIA CUP Women T20 LIVE - InsideSport

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Women’s ASIA CUP LIVE Broadcast – Asia CUP Women LIVE Streaming: After Men’s T20 Asia CUP, it is time for Women in Asia to capture eyeballs and headlines. The Women’s Asia Cup T20 will be broadcasted LIVE on Star Sports Network. For the first time ever, the tournament will get unprecedented broadcast reach as almost every cricket playing nation will stream ASIA CUP Women T20 LIVE. Harmanpreet Kaur led Indian Women Cricket team will play SriLanka-W on Saturday at 1PM: Follow IND-W vs SL-W LIVE Streaming & LIVE Updates with InsideSport.IN The Women in 🔵 are ready to conquer Asia! 👑 🙌 if you #BelieveInBlue and cannot wait to watch @ImHarmanpreet lead #TeamIndia to glory: Women’s #AsiaCup2022 | Starts Oct 1 | Star Sports & Disney+Hotstar pic.twitter.com/KDYx3kOJ29 — Star Sports (@StarSportsIndia) September 29, 2022 Women’s Asia Cup T20: All you need to know about Women’s Asia Cup… Women Asia Cup 2022: India vs Pakistan Women on October 7, ACC announce… Women’s Asia

Stock futures are up slightly following Thursday’s broad sell-off - CNBC

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watch now Stock futures were up slightly Thursday evening following a sharp sell-off that brought the S&P 500 to a new 2022 low. Futures for the S&P 500 were up 0.26%. The Dow Jones Industrial Average futures were up 0.17%. Nasdaq 100 futures were up 0.14%. The 2022 sell-off resumed in full force during regular trading on Thursday as investors weighed concerns over future rate-hiking decisions from the Federal Reserve and the impact on the market. Apple led Thursday's decline, closing down 4.9% as the tech giant has faced reports of declining demand for its new products, specifically the iPhone 14 series . Bank of America also downgraded the tech giant, which pressured shares. At the end of regular trading on Thursday, the S&P 500 dropped 2.1% to 3,640.47. The Dow was down 1.54% to 29,225.61, while the Nasdaq Composite fell 2.84% to 10,737.51. The major indexes are also on track to end the week — and September — sharply in the red. The S&P 500 is off

Ian weakens to tropical storm as Central Florida slammed with flooding rains - WESH 2 Orlando

WATCH live WESH 2 coverage aboveHurricane Ian was downgraded to a tropical storm as of the 5 a.m. National Hurricane Center advisory as Central Florida experienced massive amounts of rain.Ian came ashore Wednesday afternoon near Cayo Costa, Florida, with winds of 150 mph and began a punishing march northeastward across the state.As of the 8 a.m. advisory, Ian was moving northeast at 8 mph and winds had slowed to 65 mph. It was located 40 miles southeast of Orlando and 10 miles west of Cape Canaveral."A turn toward the north-northeast is expected later today, followed by a turn toward the north and north-northwest with an increase in forward speed Friday and Friday night. On the forecast track, the center of Ian is expected to move off the east-central coast of Florida later today and then approach the coast of South Carolina on Friday. The center will move farther inland across the Carolinas Friday night and Saturday," the National Hurricane Center said. Active watches and wa

Kylie Jenner Explains Why She Chose ‘Wolf’ As Son’s Name Before Changing It

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View gallery Image Credit: Chelsea Lauren/Shutterstock Kylie Jenner gave birth to her second child on the Sept. 29 episode of  The Kardashians . There was some brief footage of her in the hospital, and the first sounds of her baby’s cries as he was born on Feb. 2, 2022. “I feel like with my second, you just, like, anticipate everything and you know what’s going to happen,” Kylie explained. “You’ve done it before, so I feel like I was a lot more present this time.” More About Kylie Jenner After a few weeks in hibernation, Kylie met up with her mom,  Kris Jenner , to talk about being a mom of two (she and  Travis Scott also share 4-year-old daughter  Stormi Webster ). Kylie has been open about some of her postpartum struggles, but admitted in her one-on-one with Kris that she’d been trying to put less pressure on herself this time around. Travis Scott and kylie Jenner at the BBMAs. (Jordan Strauss/AP/Shutterstock) “I feel like with your first baby it’s

Fourth leak found on Nord Stream pipelines, Swedish coastguard says - Reuters

OSLO, Sept 29 (Reuters) - Sweden's coastguard said on Thursday it had discovered a fourth gas leak on the damaged Nord Stream pipelines earlier this week, after ruptures first reported on Monday sent gas spewing into the Baltic Sea. The European Union suspects sabotage was behind the leaks on the subsea Russian pipelines to Europe, and has promised a "robust" response to any intentional disruption of its energy infrastructure. The leak reported on Thursday is the second one found in Swedish waters, while two others were discovered in Danish waters. Register now for FREE unlimited access to Reuters.com Register While neither pipeline was in use at the time of the suspected blasts, they were filled with gas that has been spewing out and bubbling to the surface of the Baltic Sea since Monday. "There are two emission sites in Sweden's exclusive economic zone, the bigger one above the Nord Stream 1 and a smaller one by Nord Stream 2," the coastguard sai

Porsche debuts with $72 bln price tag in bumper IPO - Reuters

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Summary Companies Shares priced at top of indicated range Biggest listing in Germany since 1996 Steady start comes despite weaker stock markets FRANKFURT, Sept 29 (Reuters) - Porsche AG shares made a steady start on Thursday after Volkswagen (VOWG_p.DE) defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany's second-biggest market debut ever. Volkswagen priced Porsche AG shares at the top end of the indicated range and raised 19.5 billion euros from the flotation to fund the group's electrification drive. Porsche AG stock was trading up 2.5% from the issue price of 82.50 euros at 0854 GMT. That values Porsche AG at close to the market capitalisation of Volkswagen as a whole, which is worth around 84 billion euros, and puts it ahead of rivals like Ferrari (RACE.MI) . It is Germany's biggest listing since Deutsche Telekom (DTEGn.DE) in 1996. Register now for FREE unlimited access to Reuters

Wrestler Sakshi Malik to inaugurate Dasara sports meet – Mysuru Today - citytoday

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Mysuru: To mark the inauguration of the state-level Dasara sports meet, District In-charge Minister S T Somashekar lit a lamp after offering puja to Goddess Chamundeshwari.  The minister said Olympic medallist Sakshi Malik will inaugurate the Dasara sports meet and Sports Minister Narayanagowda will be present. In all, 4,500 athletes from all over Karnataka are expected to take part in the sports meet in what promises to be a tough battle for supremacy. Due arrangements have been made for the athletes, the minister said. MLA L Nagendra, MP Pratap Simha and athletes were present on the occasion. Leave a Reply comments Continue reading here

Two large Hong Kong IPOs drop in trading debut: China EV maker Leapmotor plunges, Onewo shares dip - CNBC

A gong inside the Hong Kong Stock Exchange. China Vanke's subsidiary Onewo and EV maker Zhejiang Leapmotor Technology began trading on the Hong Kong market on Thursday. Paul Yeung | Bloomberg | Getty Images Leapmotor and Onewo, among Hong Kong's largest completed initial public offerings of the year, dropped on their first day of trade in the city on Thursday. Chinese electric vehicle maker Leapmotor's shares tumbled as much as 41.6% from its offer price of 48 Hong Kong dollars ($6.11) per share. It last traded 36.9% lower. Shares of Onewo fell 7.9% from its offer price of 49.35 Hong Kong dollars ($6.29) per share in early trade, and was last 4.76% lower. The moves come after the companies' shares reportedly fell in grey market trading the previous day. The broader Hang Seng index was last up 1.49%. The retail tranche of shares for both initial public offerings were undersubscribed, according to their respective filings. Around 82% of Onewo's shares fo

Hurricane Ian slams southwest Florida with "catastrophic" storm surge - Axios

Hurricane Ian is expected to flood some areas of Florida's west coast with storm surges as high as 18 feet above ground level as it moves across the peninsula after making landfall Wednesday afternoon, the National Hurricane Center (NHC) said . Why it matters: Surge numbers that high — 12 to 18 ft — would be unprecedented for the region and some of the highest on record in the U.S. "Ian battering the Florida peninsula with catastrophic storm surge, winds, and flooding," the NHC said in a 5pm ET updat e. Florida Gov. Ron DeSantis (R) warned at a briefing Wednesday evening that there's going to be damage throughout the entire state: "Overwhelmingly it’s been that surge that’s been the biggest issue and the flooding … as a result," he said. "In some areas, we think it’s hit 12 feet." Driving the news: Hurricane Ian made landfall at 3:05 pm ET near Cayo Costa, Florida with maximum sustained winds at 150 mph as an "extremely dangerous&quo

Adam Levine & Pregnant Behati Prinsloo Arrive In Las Vegas Following Multiple Flirting Allegations: Photos

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View gallery Image Credit: Shutterstock Can a couples getaway make things better? Adam Levine , 43, and his pregnant wife Behati Prinsloo , 34, jetted off to Las Vegas together on Tuesday, Sep. 27, 2022, following the string of “inappropriate” flirting accusations against the Maroon 5 frontman. More About Adam Levine It looked like the couple was doing just fine as they hopped off their private jet, in photos obtained by TMZ .  The duo was dressed down for their trip to the Nevada desert, where Adam’s band just booked a residency at the Park MGM. Adam Levine and Behati Prinsloo jetted off to Las Vegas following allegations he was ‘innapropriately’ flirting with other women. (Shutterstock) Behati was glowing in a short, leopard dress with a bulky windbreaker tied around her body. She added sunglasses and some chunky combat boots, and was ready to go. Meanwhile, a smiling Adam stepped onto the tarmac rocking loose jeans, green sneakers, and a baggy S